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Current affairs (7TH FEBRUARY)

Current affairs (7TH FEBRUARY)

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KAPILA CAMPAIGN FOR PATENT AWARENESS

The Government initiated a campaign, namely the “Kalam Program for Intellectual Property Literacy and Awareness Campaign (KAPILA) for Intellectual Property Literacy aimed at raising patent awareness.

KAPILA was launched in October 2020. Scheme objectives: Build awareness of Intellectual Property Rights (IPR) among Higher Education Institutions (HEIs)

Provide intellectual property protection for inventions originating from faculty and students from HEIs. Develop intellectual property right Credit Courses.

Provide intellectual property training programs for faculty and students in HEIs. Sensitization and development of IP archiving system.

AYESHA AZIZ: INDIA’S YOUNGEST FEMALE PILOT

A 25-year-old Kashmiri woman, Ayesha Aziz, has become the youngest female pilot in the country. She became the youngest student pilot to get a license at the age of 15 in 2011.

The 25 -year-old from Kashmir who is the youngest female pilot in the country acts is a source of inspiration and a beacon of empowerment for numerous Kashmiri women.

In the year 2011, Aziz became the youngest student pilot to get a license at the age of 15 and underwent training to fly a MIG-29 jet at Russia’s Sokol airbase the following year.

She later graduated in aviation from the Bombay Flying Club (BFC) and obtained a commercial license in 2017.

RBI COMMITTEE FOR URBAN CO-OPERATIVE BANKS

The Reserve Bank of India (RBI) will set up an expert committee on Urban Co-operative Banks (UCBs).

The committee, involving all stakeholders, will provide a medium-term road map for strengthening the sector, enable faster resolution/rehabilitation of UCBs.

Along with enabling faster resolution of UCBs, the committee will also examine critical aspects related to the urban co-op banks.

The provisions of the Banking Regulation (Amendment) Act, 2020 have become applicable to Primary (Urban) Co-operative Banks (UCBs) from June 26, 2020.

The amendments have brought near parity in supervisory and regulatory powers between UCBs and commercial banks in respect of regulatory powers, including those related to governance, audit, and resolution.

The members of the committee and its terms of reference have not been notified yet. It will be informed separately by the RBI.

PAYPAL TO SHUT ITS PAYMENT SERVICES IN INDIA

The California-based global digital payment platform PayPal has announced that the company has decided to wind down its domestic payment services in India with effect from April 01, 2021.

The decision has been taken because the company wants to shift its focus on cross-border payments business.

However, the global customer will be able to pay Indian merchants using Paypal. PayPal was a payments options on many Indian online apps such as travel and ticketing service MakeMyTrip, online film booking app BookMyShow, and food delivery app Swiggy.

  • PayPal Founded: December 1998, Palo Alto, California, United States.
  • PayPal CEO: Dan Schulman.
HAL DEVELOPS HIGH ALTITUDE PSEUDO SATELLITE

The Hindustan Aeronautics Limited (HAL) is developing a futuristic high altitude pseudo satellite with a start-up company, to strengthen the country’s military strike capabilities.

It is a first of its kind project in the world, where a manned aircraft will operate within the boundary and the unmanned aircraft will enter the enemy zone and can carry out strikes deep inside the enemy territory.

Capable of autonomous functions, these unmanned aerial vehicles will also have all the manoeuvring capabilities. “It can straightway hit the target at a distance of 700 kilometres or can go to 350 kilometres and come back.

It carries ammunition, missiles if needed CATS Alpha. The technology has been named Combined Air Teaming System (CATS). It will have a manned aircraft (will be known as mother ship), operating from far away, and four autonomous unmanned aerial vehicles known as CATS Warrior.

The satellite will be solar energised and become a big asset flying unmanned around 70,000 ft for 2-3 months and taking information.

INTERNATIONAL DAY OF ZERO TOLERANCE FOR FEMALE

International Day of Zero Tolerance for Female is observed globally on 6 February.

This day is sponsored by the United Nations for their efforts to eradicate female genital mutilation. It was first introduced in 2003.

This year theme of International Day of Zero Tolerance for Female: No Time for Global Inaction: Unite, Fund, and Act to End Female Genital Mutilation.

Female genital mutilation (FGM) comprises all procedures that involve altering or injuring the female genitalia for non-medical reasons and is recognized internationally as a violation of the human rights, the health and the integrity of girls and women. .

Girls who undergo female genital mutilation face short-term complications such as severe pain, shock, excessive bleeding, infections, and difficulty in passing urine, as well as long-term consequences for their sexual and reproductive health and mental health.

HUNTER BIDEN TO RELEASE A MEMOIR

United States President Joe Biden’s son, Hunter Biden, is publishing his memoir titled “Beautiful Things”, which narrates about his struggles with addiction and drug abuse.

The book is scheduled to be published in the United States on April 6 by Gallery Books, an imprint of Simon & Schuster.

The 51-year-old Hunter Biden has narrated his personal story about how he was a drug addict- from his first sips of alcohol as a child, when he was dealing with the aftermath of a family tragedy, to his crack-cocaine use and how he fixed that problem.

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