India has withdrawn 'Most Favoured Nation' (MFN) Status to Pakistan just a day after the suicide bombing attack in which 40 CRPF personnel lost their lives in Pulwama, Jammu & Kashmir.

India had granted the status to Pakistan in 1996, a year after WTO's formation.

Most Favoured Nation is a status accorded by one country to another country in International trade to ensure non-discriminatory trade between all partner countries of the WTO.

The Indian Government has signed a deal with the US.

India has signed a deal for 'Sig Sauer Assault Rifles with the US under Fast Track Procurement (FTP).

India will get around 73,400 rifles from the US firm SiG Sauer in one year from this day.

These Sig Sauer Assault rifles are 7.62*51 mm which are compact, robust, advance in technology and easy to maintain in field conditions.

These new rifles will come at a cost of around Rs.700 crore and will be used by the army troops deployed along the 3,600 km China's border.

The Government of India, Government of Himachal Pradesh and the World Bank has signed a $40 Million Loan Agreement.

The $40 Million Loan from the International Bank for Reconstruction and Development (IBRD) has a 4-year grace period and a maturity of 15.5 years.

The motive of this agreement is to help bring clean and reliable drinking water to the citizens of the Greater Shimla area, who have been facing severe water shortages and water-borne epidemics over the last few years.

The Republic of Macedonia has officially changed its name to the Republic of North Macedonia, on paper ending a long-running dispute with Greece.

The freshly named country celebrated the event with a flag-raising ceremony marking its prospective-and long-awaited-accession to NATO.

After declaring independence from Yugoslavia in 1991, the country chose the name Macedonia. But that title severely strained relations with neighbor Greece, which also has a region called Macedonia.

Static GK

Macedonia

Capital - Skopje

Currency - Macedonian Denar

President - Gjorge Ivanov

Greece

Capital - Athens

Currency - Euro

President - Prokopis Pavlopoulos

Bradley Cooper has been awarded the 'Oscat' by People for the Ethical Treatment of Animals (PETA).

The animal rights organization awarded Cooper for casting his own dog, rather than one supplied by animal exhibitors, in his movie 'A Star is Born'

'A Star is Born' has received 8 Oscar nominations including best actor for Bradley Cooper and best actress for Lady Gaga.

Pramod Chandra Mody has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT).

He is a 1982-batch Indian Revenue Service (IRS), Officer.

He will succeed Sushil Chandra.

President Ram Nath Kovind appointed CBDT Chairman Sushil Chandra as the new Election Commissioner.

Mr. Chandra was appointed CBDT Chairman on November 1, 2016, and further he got 2 extensions.

Mr. Sushil Chandra ia an IIT graduate and is a 1980-batch Indian Revenue Service (IRS) Officer.

Ashwani Lohani has been reappointed as the Chairman and Managing Director (CMD) of Air India for the second time.

He assumed the charge from 14th February 2019, replacing Pradeep Singh Kharola, who is appointed as the new Secretary, Ministry of Civil Aviation.

Lohani had the previous tenure from August 2015 to August 2017.

Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) and Annadatha Sukhibhava Scheme amalgamated by Andhra Pradesh.

This move will further allow a fixed amount of Rs. 10,000 per annum to all farmers in the state, irrespective of the size of their land.

The benefits will be facilitated in 2 portions of Rs.5000 before the Kharif and Rabi crop cycle.

Around 70 lakh farmers will be benefited from this merger.

Bihar Chief Minister, Nitish Kumar announced a Universal Old Age Pension scheme, named Mukhya Mantri Vriddha Pension Yojana (MMVPY), irrespective for all caste, community, religion, except for those who are retired from government organizations.

The scheme will come into its enforcement from 1st April 2019.

The scheme facilities the amount of 400 rupees monthly pension for all in the state above the age of 60 who are not getting a pension from the government. 

The Chief Minister also announced a pension of 6,000 rupees for journalists above 60 years of age.

Click Here to Read Daily Current Affairs

Click Here to Attempt Daily Current Affairs Quiz