Daily GK Update: 8th February 2020

Pangolins may have spread coronavirus to humans

  • Chinese researchers investigating the animal origin of the coronavirus outbreak in China have said that the endangered pangolin may be the “missing link” between bats and humans.
  • Bats are known carriers of the latest strain of the disease, which has infected at least 31,000 people and killed more than 630 worldwide, mostly in China where the outbreak started.
  • A genetic analysis showed that the strain of the virus currently spreading among humans was 96% identical to that found in bats.
Source: The Gurdian

RBI proposes self-regulatory body for digital payment system

  • The Reserve Bank of India (RBI) has proposed to set up a self-regulatory organisation (SRO) by April 2020 to improve security, customer protection and pricing in India’s digital payment system.
  • As per the RBI document, “With substantial growth in digital payments and maturity gained by entities in the payment ecosystem, it is desirable to have a Self-Regulatory Organisation (SRO) for orderly operations of the entities in the payment system.

Source: The Economic Times

Global research and innovation forum to mobilize international action in response to the novel coronavirus (2019-nCoV) emergency

The forum, to be held 11-12 February in Geneva, is organized in collaboration with the Global Research Collaboration for Infectious Disease Preparedness (GLOPID-R), and brings together key players including leading scientists as well as public health agencies, ministries of health and research funders pursuing 2019-nCoV critical research and the development of vaccines, therapeutics and diagnostics, among other innovations.
Source: World Health Organization

DefExpo witnesses signing of Over 200 MoUs, ToTs and product launches

  • Over 200 partnerships involving Signing of Memorandum of Understanding (MoUs), Transfer of Technology (ToTs) , Product launches were concluded on the third day of DefExpo 2020, at ceremony tilted “Bandhan”, making it the most successful such events to be held in India.
  • The pacts, aimed at forging and renewing partnerships for innovative collaboration, and transformation of the Defence manufacturing in the country were inked by representatives of various DPSUs, Indian private Defence cos and foreign companies in the presence of Raksha Mantri Shri Rajnath Singh and Chief Minister of Uttar Pradesh Shri Yogi Adityanath in Lucknow.

Source: Press Release

Sharang artillery gun would be inducted into Indian Army tomorrow: Army Chief

  • Army Chief General Manoj Mukund Naravane on Thursday said that the Sharang artillery gun would be inducted into the Army on Friday. “The Sharang artillery gun would be inducted into the Indian Army tomorrow. 155 mm Sharang is an upgraded version of the 130 mm M-46 field guns,” the Army Chief told ANI.
  • He further stated that Sig Sauer assault rifles and Spike anti-tank missiles are being issued to troops deployed in the forward areas.

Source: Business Standard

5th India-Russia Military Industrial Conference in Lucknow; 14 MoUs signed

  • The fifth India-Russia Military Industrial Conference was held on the sidelines of the ongoing Def Expo 2020 in Lucknow; Over 100 Russian and over 200 Indian industry leaders participated in the conference.
  • Seminars and discussions on various defence related issues are also being held on the second day of the Defence Expo.
  • 14 MoUs were signed between Indian and Russian companies under the Make in India initiative.
  • The MoUs were related to production of different defence equipment such as parts of T-72, T-90, radar systems, ASW Rocket launchers and 3D modeling.

Source: DD News

22nd India International Seafood Show

  • India International Seafood Show (IISS) is one of the largest Seafood Fairs in Asia. IISS as a biennial event offers sea of opportunities for exporters and importers of Indian marine products.
  • The trade show provides an umbrella for various stakeholders of this sector such as producers, processors, processing machinery manufacturers, linkage sectors, technical experts etc, to assemble under the same roof, build up trade relations and contribute towards the progress of seafood exports from the country.
  • The IISS facilitates the trade visitors to conduct business and build up trade relations in a perfect ambience. The event also provides an excellent platform for entrepreneurs to exchange technological ideas and foster business development.
  • The Show will highlight India’s commitment towards safe and sustainable seafood production for export.

Source: Indian Sea Food Expo

MPEDA Proposes Rs 2500 crore Project for Upgrading 25 Fishing Harbours

  • The Marine Products Export Development Authority (MPEDA) has proposed the upgradation and modernisation 25 fishing harbours in the country at an estimated outlay of Rs 2500 crore with the assistance of the Centre.
  • Under the project, two harbours namely Thoppumpady in Kochi, Kerala and Nizampatnam in Andhra Pradesh would be developed into harbours of international standards in the first phase of the modernisation programme.
  • The project includes preparation of the detailed project report (DPR) for harbour modernisation, the work for which has been entrusted to Ernst and Young.

Source: By Scoop

DRDO inks deal with Russian company for missiles propulsion systems

  • The Defence Research and Development Organisation (DRDO) signed a technology development contract with a Russian company Rosoboronexport on Friday at DefExpo2020 here.
  • DRDO’s High Energy Materials Research Laboratory (HEMRL) signed contract with Rosoboronexport for development of Advanced Pyrotechnic Ignition Systems.
  • Director HEMRL KPS Murthy said that this will enable advancement in the field of energetic materials and pyrotechnic technology leading to the development of of advanced ignition systems.
Source: The Economic Times