Current Affairs for SSC CGL Exams - 07 March 2022

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 07 March 2022

::NATIONAL::

Projects won’t be abandoned over controversies: Kerala CM

Projects which are necessary for the development of the state would not be abandoned over controversies, Kerala chief ministerPinarayiVijayan.
Speaking at the inaugural function of CIAL’s 12 MW solar power plant at Ettukudukka near Payyannur here, the CM said his government was not ready to abandon or postpone any project due to any controversy, the Cochin International Airport Limited (CIAL) said in a release.
Vijayan, in his speech, further said the state government was implementing big projects along with eco-friendly activities.
He noted that such projects were for the future generations and assured that the government will only undertake development activities which are in line with the public interest and the environment.
The CM, according to the release, said that more solar and hydro projects are needed and CIAL’s initiative was a step which further strengthens the government’s developmental vision for the state.
The energy generated by solar panels helps protect the environment and in the long run, such projects help in reducing the carbon footprint, Vijayan said at the event.
Detailing the project, the CM said that since it was built by retaining the gradient of the land, it could accommodate 35 per cent more solar panels and therefore, it would generate around 48,000 units of electricity per day.
With this, the installed capacity of CIAL’s solar plants has increased to 50 MW and as a result it would reduce carbon dioxide emissions by 28,000 metric tonnes per year, the CM was quoted as saying by the release.

::INTERNATIONAL::

Ukraine says Russia assault continues to hit evacuations

A second attempt to evacuate civilians from a besieged city in southern Ukraine collapsed on Sunday as Russian attacks stopped plans to create a humanitarian corridor, a Ukrainian government official said, even as Russia warned Ukraine’s neighbours against hosting Kyiv’s military aircraft.
Food, water, medicine and almost all other supplies were in desperately short supply in the port city of Mariupol, where Russian and Ukrainian forces had agreed to a 11-hour cease-fire to allow civilians and the wounded to be evacuated. But Russian attacks quickly closed the corridor, Ukrainian officials said. Pope Francis called for an end to the “rivers of blood and tears” created by the war.
“There can be no ‘green corridors’ because only the sick brain of the Russians decides when to start shooting and at whom,” interior ministry adviser Anton Gerashchenko said.
The news dashed hopes that more people could escape the fighting in Ukraine, where Russia’s plan to quickly overrun the country has been stymied by fierce resistance. Russia has made significant advances in southern Ukraine and along the coast, but many of its efforts have become stalled, including an immense military convoy that has been almost motionless for days north of Kyiv.
Russian President Vladimir Putin turned the blame for the fighting back on Ukraine, telling Turkish President RecepTayyipErdogan on Sunday that the invasion could be halted only “only if Kyiv ceases hostilities”, according to a Kremlin statement on the phone call.

::ECONOMY::

Monetary policy is an art of managing expectations, says RBI Governor

Reserve Bank Governor Shaktikanta Das on Friday said "monetary policy is an art of managing expectations" as he emphasised the need for an effective communication strategy amid concerns over rising inflation fuelled by geopolitical developments.
The conduct of monetary policy has undergone notable changes in India and across the world as economies and markets evolved and policymakers gained greater insights into how economic agents interact in a complex economic system, he said while delivering a lecture at the National Defence College here.
"As monetary policy is an art of managing expectations, central banks have to make continual efforts to shape and anchor market expectations, not just through pronouncements and actions but also through a constant refinement of their communication strategies to ensure the desired societal outcomes," he said.
The communication works both ways -- while too much communication can confuse the market, too little may keep it guessing about the central bank's policy intent, he added.
The central bank also recognise that communication needs to be backed by commensurate actions to build credibility and instil wider confidence in policies.
The Reserve Bank of India (RBI) has actively used communication through a variety of tools -- the MPC resolutions and minutes, exhaustive post-policy statements together with a statement on developmental and regulatory measures, press conferences, speeches and other publications, especially the biannual Monetary Policy Report (MPR) -- to anchor expectations, Das said.

::SCIENCE AND TECH::

NASA launches next generation GOES-T weather satellite

NASA successfully launched the third in a series of next-generation weather satellites for the National Oceanic and Atmospheric Administration (NOAA) at 4:38 p.m. The newest Geostationary Operational Environmental Satellite, GOES-T, launched on a United Launch Alliance Atlas V rocket from Cape Canaveral Space Force Station.
GOES-T mission managers confirmed at 8:28 p.m. the spacecraft’s solar arrays successfully deployed and the spacecraft was operating on its own power.
“We at NASA are proud to support our joint agency partner, NOAA, and their mission to provide critical data and imagery to forecasters and researchers tracking hazardous weather,” said NASA Deputy Administrator Pam Melroy. “While the GOES-R series satellites’ main job is to help with weather prediction, these satellites produce observations that also help with NASA science. Our agencies’ collaboration brings great benefits toward understanding our planet.”
The satellite will provide continuous coverage of weather and hazardous environmental conditions in the Western Hemisphere. The GOES program also predicts space weather near Earth that can interfere with satellite electronics, GPS, and radio communications.
“We at NASA feel honored to continue to work with NOAA on this strategic and successful partnership. Besides our work on spacecraft development and launch, NASA supported science teams are looking forward to analyzing the precious data that GOES-T will provide,” said Thomas Zurbuchen, the associate administrator for the Science Mission Directorate at NASA Headquarters in Washington. “These observations are a key part of our research towards improving understanding and models of climate, weather, and space weather – models that, in turn, support NOAA’s crucial work as they lead the weather and space weather forecasts for the nation.”

::SPORTS::

Rohit Sharma sets another massive captaincy record on debut

Rohit Sharma's Test captaincy has started off with India thumping Sri Lanka by an innings and 222 runs in Mohali to take a 1-0 lead in the two-match series. Rohit has thus become the first player since Polly Umrigar in December 1955 to lead India to an innings victory in his first match as Test captain. India were dominant throughout the match with RavindraJadeja and RavichandranAshwin's all-round performances being the highlight of the Test.
Rohit was announced as Test captain as the squad for the two-Test series was announced after ViratKohli stepped down in January. The first Test in Mohali also marked Kohli's 100th appearance in the longest format and Rohit ensured that the former got a guard of honour from his team mates when they entered the field on Day 2.
Umrigar, who captained India in eight Test matches, led them to a victory by an innings and 27 runs over New Zealand at the Brabourne Stadium in Mumbai in 1955.