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Important Current Affairs of 29th March

INTERNATIONAL:

Boeing unveils changes to MCAS, anti stall system.

Embattled aviation giant Boeing pledged to do all it can to prevent crashes like two that killed nearly 350 people in recent months, as it unveiled a fix to the flight software of its grounded 737 MAX aircraft.  Boeing gathered hundreds of pilots and reporters to unveil the changes to the Manoeuvring Characteristics Augmentation System (MCAS). Boeing unveiled the software changes at the company’s massive factory in Renton, Washington, and offered reassurances.

NATIONAL:

Vijayawada Railway Station awarded the Gold Rating for being Clean & Eco-Friendly.

• Vijayawada railway station, one of the busiest railway junctions in India, has received Gold Rating by the Indian Green Building Council (IGBC) for Green Measures. The IGBC-CII, with the support of the Environment Directorate of Indian Railways, developed the Green Railway Stations Rating System to facilitate adoption of green concepts, thereby reduce the adverse environmental impact due to station operation and maintenance and also enhance the overall commuter experience.

•  The Vijayawada station has installed 100 per cent LED lighting, the fans are five-star rated, and solar power is already being used for water heating systems.

Kolkata Dhaka ship to set sail for the first time ever.

• A regular river cruise will start between Kolkata, India and Dhaka, Bangladesh for the first time in the history of the two countries.

• The Indian ship, R V Bengal Ganga, will start its journey from a west Kolkata jetty. About 60 persons will be travelling

• The return journey will take nearly two weeks from Kolkata and the ship will pass through Sunderbans on both sides of the marine border.  Another ship will simultaneously start from Bangladesh, traverse the same route and reach Kolkata, taking approximately the same time. The border formalities will be completed at Sunderbans on the Indian side.

AWARDS:

Nobel Prize recipient Amartya Sen awarded with Oxford University's Bodley award.

• The 85-year-old winner of the Nobel Memorial Prize in Economic Sciences, was awarded with the prestigious Bodley Medal, the highest honour granted by the University of Oxford's world-famous Bodleian Libraries, for his contribution in literature, culture, science and communication.

Turing Award, the Nobel Prize of computing, won by 3 Pioneers in Artificial Intelligence.

• The 2018 Turing Award, known as the “Nobel Prize of computing,” has been given to Yoshua Bengio, Geoffrey Hinton, and Yann LeCun — sometimes called the ‘godfathers of AI’, for their work developing the AI subfield of deep learning.

• The trio believed in the potential of AI and brought to the world the innovations such as neural networks, self-driving cars, facial recognition, CNN and much more. About Turing Award: Initiated in 1966, this annual award is named after British mathematician Alan M.

• Turing, whose work laid the foundation for computer science and artificial intelligence. It honors the individual for contributing major technical importance in the computer field. First recipient – Alan Perlis

Delhi government school teacher Manu Gulati honoured with Martha Farrell Award 2019

• Delhi government school teacher, Manu Gulati honored with the Martha Farrell award for Excellence in Women’s Empowerment 2019 in the Most Promising Individual category with prize money of INR 1,50,000 for promoting gender quality and women’s empowerment.

• She collaborates with America India Foundation’s “Market Aligned Skills Training Program”, through which she assists the training programs for beauticians, weavers, salesgirls, etc in Jalandhar in Punjab, Betul in Madhya Pradesh and Baramullah in Kashmir.

• The Awards were first awarded in 2017 in the memory of Dr. Martha Farrell, a prominent activist for gender equality and women’s empowerment. About Delhi: Governor: Anil Baijal, Chief Minister: Arvind Kejriwal Deputy Chief Minister: Manish Sisodia Chief Secretary: Vijay Kumar Dev Commissioner of Police: Amulya Patnaik

Singapore airport named worlds best aviation hub for the seventh time.

• According to the Skytrax World Airport Awards, Singapore's Changi Airport has been crowned the world's best aviation hub for the seventh time in a row, while New Delhi's Indira Gandhi International (IGI) Airport featured at number 59.

• Singapore Changi Airport is known for its rooftop swimming pool, two 24-hour movie theaters and shopping spots

•  At number two on the list is Tokyo International Airport (Haneda), up one place from 2018. This hub also won World's Best Domestic Airport and World's Cleanest Airport. Incheon International Airport secured 3rd position in the list. The other Indian aiports in the list were Mumbai’s Chhatrapati Shivaji Maharaj International Airport at 64, the Rajiv Gandhi Hyderabad International Airport at 66, and Bengaluru’s Kempegowda International Airport at 69.

APPOINTMENTS AND RESIGNATION:

Vice Admiral MA Hampiholi, AVSM, NM to be designated as Director General Naval Operations (DGNO)

• Vice Admiral MA Hampiholi, AVSM NM has been appointed as Director General Naval Operations (DGNO). He will succeed Satish Namdeo Ghormade.  He was commissioned in the Executive Branch of the Indian Navy on 1st July 1985.

• he Flag Officer has experience as Anti-Submarine Warfare (ASW) specialist officer at onboard INShips Himgiri, Agray,and Ganga. He has experience as a Commanding officer in INS Nashak (missile vessel), INS Magar {Landing Ship Tank (Large)} and INS Talwar (stealth Frigate), Second-in-Command of INS Khukri (Missile Corvette).

• He commanded the National Coast Guard, Mauritius for two years (2003 – 05) and served as Commanding Officer of INS Mandovi.

Manohar Ajgaonkar, Vijai Sardesai designated as Goas Deputy Chief Ministers.

• Goa’s Tourism Minister Manohar Ajgaonkar has been appointed as the Deputy Chief Minister of Goa. He switched to Bharatiya Janata Party (BJP) from Maharashtrawadi Gomantak Party, on March 27, 2019. At present he is the second deputy chief minister along with Goa Forward Party (GFP) leader and state minister Vijai Sardesai. Both will succeed Sudin Dhavalikar.

BANKS AND ECONOMICS:

RBI to issue Regulatory sandbox.

• The Reserve Bank of India (RBI) is set to issue guidelines within two months for the fintech companies to test their new products on a small group of users before scaling up.  A Sandbox is a framework set up by a regulator that allows FinTech start-ups to conduct live experiments in a controlled environment under supervision.

• Regulatory sandbox will provide a well-defined space for the companies to develop new products. It allows for experimenting with their products and fintech solutions. In case of failure, the consequences would be contained and the reasons will be analysed for betterment.

Deposits ordinance does not cover gold schemes.

• The Centre’s recent ordinance banning unregulated monthly deposit schemes will not affect the ongoing monthly schemes operated by jewellery and chit fund firms.

• Called the ‘Banning of Unregulated Deposit Scheme Ordinance’, it was promulgated by President Ram Nath Kovind during the last week of February 2019 to save gullible investors from losing money to Ponzi and fake deposit schemes.

•  The ordinance makes such unregulated deposit schemes punishable, among other things. Ordinance: Ordinances are laws that are promulgated by the President of India on the recommendation of the Union Cabinet. They can only be issued when Parliament is not in session.

• They enable the Indian government to take immediate legislative action. Ordinances cease to operate either if Parliament does not approve of them within six weeks of reassembly, or if disapproving resolutions are passed by both Houses.  It is also compulsory for a session of Parliament to be held within six months.

SPORTS:

Four sports including Breakdancing get provisional green light for Paris Olympics 2024

• Breakdancing was among four sports given a provisional green light for inclusion in the Paris 2024 Games by the International Olympic Committee (IOC). The three other sports namely - Surfing, Skateboarding and sport climbing also got approval for provisional inclusion in Summer Olympics 2024 from IOC.