current affairs 27 february 2022

International IP Index 2022: India ranks 43rd.

• India has been ranked at 43rd place in the 2022 International Intellectual property (IP) Index released by the Global Innovation Policy Center of U.S. Chamber of Commerce.
• US has topped the ranking in which 55 countries have been ranked.
• In July 2021, the Parliamentary Standing Committee on Commerce released the Review of Intellectual Property Rights Regime in India.
• This review is welcome and presents a comprehensive and comprehensive study of the strengths and weaknesses of India's national IP environment.
• The top five countries in the ranking are:
• Rank 1- United States
• Rank 2- United Kingdom
• Rank 3- Germany
• Rank 4- Sweden
• Rank 5- France

Culture Minister G. Kishan Reddy inaugurates Conference on Indian temple architecture "Devayatanam" at Hampi.

• Union Minister of Culture, G Kishan Reddy, inaugurated Devayatanam, a one-of-a-kind odyssey (conference) of temple architecture of India, at Hampi, Karnataka, on February 25, 2022.
• The Devayatanam is a two-day international conference organized by the Archaeological Survey of India (ASI) of the Ministry of Culture, on February 25-26, 2022.
• The main aim of the conference is to highlight the architectures of Indian temples.

Indian Navy’s multilateral exercise Milan-2022 begins in Visakhapatnam.

• Indian Navy’s multilateral exercise MILAN 2022 kicked off on February 25, 2022 in Visakhapatnam, Andhra Pradesh.
• The theme of the MILAN 2022 exercise is Camaraderie – Cohesion – Collaboration.
• MILAN 22 will be conducted in two phases over a duration of 9 days. These include:
• 1 Harbour phase – from 25 to 28 February
• 2 Sea Phase – from 01 to 04 March
• More than 40 countries are participating in the exercise, which is larger in scope and complexity than all previous editions.

Union Bank launches "Union MSME RuPay Credit Card".

• The Union Bank of India has launched Union MSME RuPay Credit Card in association with National Payments Corporation of India (NPCI).
• It is a first of its kind initiative in the industry, to provide simplified and digital delivery of Finance to Micro, Small & Medium Enterprises (MSMEs), to meet their business-related operational expenses.
• The dedicated card for MSMEs will be available to eligible borrowers of Union Bank of India.

3rd India-Japan joint exercise "EX DHARMA GUARDIAN-2022" to be held at Belagavi from Feb 27.

• The third edition of the joint military exercise EX DHARMA GUARDIAN-2022 between India and Japan will be conducted from 27 February to 10 March 2022, at Belagavi (Belgaum), Karnataka.
• The 15th Battalion the Maratha Light Infantry Regiment of the Indian Army and 30th Infantry Regiment of Japanese Ground Self Defence Forces (JGSDF) are participating in this 12 days long joint exercise.
• The exercise aims at enhancing the inter-operability and foster mutual understanding between the two Armies.