16 March 2022 : Top Current Affairs 16th March
Important Current Affairs 16th March 2022
In this article, we will discuss all the Current Affairs of 16th March about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 16th March 2022 current affairs then read this article till the end.
Latest Current Affairs of 8th March 2022
Current Affairs of 16th March – National
1. Kerala ranked first in India for maternal and child health, with an MMR of 30.
◉ Kerala has once again risen to the top in terms of maternal and child health, with the lowest Maternal Mortality Ratio (MMR) in the country of 30 (per one lakh live births).
◉ India’s maternal mortality ratio (MMR) improved to 103 in 2017-19, according to the latest data. The number of maternal fatalities per 100,000 live births is known as the Maternal Mortality Ratio (MMR).
2. Mumbai became the first city in South Asia to set a goal of achieving net-zero carbon emissions by 2050.
◉ Mumbai, Maharashtra, revealed a detailed plan to “zero out carbon emissions by 2050,” making it the first metropolis in South Asia to do so.
◉ Mumbai’s goal is to achieve net-zero emissions by 2070, which is 20 years ahead of India’s goal. Greenhouse gas (GHG) emissions must be reduced by 30% by 2030 and 44% by 2040, according to the targets.
3. Ahimsa Vishwa Bharti (AVB), India’s first “World Peace Center,” would be erected in Gurugram, Haryana.
◉ The Center will aim to make the world a better place by promoting peace and harmony.
◉ The Haryana government provided the organization with land for the construction of the World Peace Center (WPC). In two years, the construction of approximately 25000 square feet will be completed.
Important Headlines: 7 March 2022 Current Affairs
International News
4. The Adani Group has agreed to build two power plants in Sri Lanka.
◉ The Adani Group of India and Sri Lanka have signed a Memorandum of Understanding for two big power projects in the Northern Province. At a cost of $ 500 million, the project seeks to generate a total capacity of 500 MW.
◉ The renewable energy projects will be implemented in two Sri Lankan locations: Mannar on the northwestern coast and Pooneryn on the south coast of the Jaffna Peninsula.
5. For the first time, India has entered the World’s Top 5 Club in terms of market capitalization; it is currently ranked 5th.
◉ According to Bloomberg’s most recent data on market capitalization, India’s stock market has joined the world’s top five in terms of market capitalization for the first time.
◉ With a market capitalization of USD 3.21 trillion, India is ranked fifth. The overall market capitalization of the world is USD 109.22 trillion.
Banking
6. Suresh Soni has been appointed CEO of the Mutual Fund JV formed by Bank of Baroda and BNP Paribas.
◉ BNP Paribas Asset Management India, a subsidiary of BNP Paribas Asset Management Asia (BNPP AM), and Baroda Asset Management India, a wholly-owned subsidiary of Bank of Baroda (BoB), have formed a strategic partnership by merging their mutual fund businesses to form the “Baroda BNP Paribas Mutual Fund.”
◉ This merger has no cash consideration, and after the merger, BoB will own 50.1 percent of the merged Asset Management Company(AMC), while BNPP AM would own the balance.
7. The industry’s first digital-based onboarding service was launched by Ujjivan Small Finance Bank.
◉ Through its ‘Ujjivan SFB Assisted’ app, Ujjivan Small Finance Bank launched the industry’s first digital onboarding service for its micro banking customers.
◉ The Ujjivan SFB Assisted app allows you to update your mobile number for individual banking transactions in a secure and paperless manner. It’s a two-factor authentication system that uses OTP and biometrics.
Appointment (Current Affairs 15th March)
8. Bhagwant Mann, a member of the Aam Aadmi Party, has been sworn in as the 17th Chief Minister of Punjab.
◉ He took over from Charanjit Singh Channi. Since the 1970s, he will be the state’s youngest Chief Minister.
◉ His oath-taking ceremony took place in Khatkar Kalan hamlet in Nawanshahr district, which is where legendary independence fighter Bhagat Singh was born.
Awards News
9. ‘Writing with Fire,’ a film from India, has been nominated for an Oscar in the Best Documentary Feature category in 2022.
◉ “Writing With Fire,” a documentary on the Dalit-led, all-woman newspaper Khabar Lahariya, was the first Indian film to be nominated for an Academy Award.
◉ Last year at the Sundance Film Festival, ‘Writing With Fire’ won both the Audience and Jury Awards. Rintu Thomas and Sushmit Ghosh direct the film, which is produced by Ticket Films. ‘Khabar Lahariya’ is a Chitrakoot, Uttar Pradesh-based newspaper that was created in May 2002.
Science
10. SSLV’s solid-fuel-based booster stage was successfully tested by ISRO.
◉ The Indian Space Research Organization (ISRO) has successfully completed the ground test of its new Small Satellite Launch Vehicle (SSLVsolid )’s fuel-based booster stage (SS1) at Satish Dhawan Space Centre (SDSC), Sriharikota in Andhra Pradesh.
◉ It completes the ground testing of the launch vehicle’s three stages. The vehicle is currently ready for its first test flight, which will take place in May 2022. Other phases of SSLV, such as SS2 and SS3, have passed their ground testing and are ready for integration.
Sports News
11. In Chennai, India will host the FIDE Chess Olympiad in 2022.
◉ The bid to host the FIDE Chess Olympiad in Chennai in 2022 was won by India. It was supposed to be held in Russia at first.
◉ Following the invasion of Ukraine, FIDE just declared its withdrawal from Russia. Following the announcement, the Tamil Nadu government and the All-India Chess Federation joined forces to bid for the tournament’s hosting.
Book and Author
12. ‘Monsoon,’ a book-length poem by Indian poet-diplomat Abhay K., was published by Sahitya Akademi.
◉ On the occasion of its 68th anniversary, India’s National Academy of Letters released a book-length poem titled “Monsoon” by Indian poet-diplomat Abhay K.
◉ Monsoon is a 150-stanza poem that begins in Madagascar and follows the monsoon’s path through the Himalayas, invoking the rich flora and fauna, languages, cuisine, music, monuments, landscapes, traditions, myths, and legends of the places where monsoon travels and acts as a messenger to carry the poet’s message from Madagascar to his beloved in Srinagar.
Important day
13. The 16th of March is National Vaccination Day, also known as National Immunization Day.
◉ Every year on March 16, India commemorates National Immunization Day, also known as National Immunization Day, to emphasize the importance of vaccination and its role in public health.
◉ The first oral polio vaccination dosage was administered in the country on March 16, 1995. The day was initially commemorated in 1995, the year India launched its Pulse Polio Program.
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