Daily Current Affairs March 03 2022

 

CURRENT AFFAIRS: IMPORTANT DAYS

Civil Accounts Day- 2 March

• The Civil Accounts Day has celebrated on 2nd March 2022 at Dr Ambedkar International Centre, Janpath, New Delhi.
• Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman is the Chief Guest of the occasion.

Expected Questions:

What is the Edition of Civil Accounts for the year 2022?

46^th

Who has initiated to celebrates March 1 every year as the “Civil Accounts Day”?

ICAS

Recent news:

Nirmala Sitharaman proposes faster resolution of bankrupt companies:

• Finance Minister Nirmala Sitharaman has proposed faster resolution of bankrupt companies by paving the way for amendments to the Insolvency and Bankruptcy Code (IBC), seeking to make cross-border deals easier and speed up voluntary unwinding of defaulting borrowers.

World Civil Defence Day -1^st March

• World Civil Defence Day is annually observed across the globe on 1st March to honour the significance of Civil Defence and the personnel who have sacrificed their lives for it.
• The purpose of the Day is to promote public awareness about civil defence, civil protection and emergency management in order to better prepare the civilian population to protect itself in the event of an emergency and to reduce the risk of disaster.

Expected Questions:

What is the theme of World Civil Defence Day 2022?

Civil defence and management of displaced populations in face of disasters and crises; role of volunteers and the fight against pandemics”.

Civil Defence Day was officially inaugurated by the International Civil Defence Organisation in which year?

2012

CURRENT AFFAIRS: NATIONAL NEWS

President Ram Nath Kovind has inaugurated ‘Arogya Vanam’ at Rashtrapati Bhavan:

• The President of India, Shri Ram Nath Kovind, inaugurated a newly developed ‘Arogya Vanam’ at the President’s Estate, (Rashtrapati Bhavan) in New Delhi on March 1, 2022.
• The objective of this Arogya Vanam is promote the importance of Ayurvedic plants and their effects on human body.

Expected Questions:

The Vanam has been developed in which shape?

The shape of a human sitting in the Yoga Mudra

The Arogya Vanam consists of how many herbs and plants used for therapeutic purposes in Ayurveda?

215

Related news:

• President Ram Nath Kovind will inaugurate the year-long celebrations of the 400 th birth anniversary of great Ahom general Lachit Barphukan
• Kovind will come for three day visit of Assam from February 25.

First Smart Managed EV Charging Station commissioned by BSES:

• A subsidiary of Reliance Infrastructure, SES Yamuna Power Limited (BYPL) has commissioned India’s first Smart Managed EV Charging Station’ in the New Delhi.
• BYPL is backed by Bombay Suburban Electric Supply (BSES).

Expected Questions:

The smart managed EV charging station can charge how many Electric vehicles at the same time?

5

Recent news:

Reliance Infrastructure Q3 Results: Firm posts loss at Rs 107 cr:

• Reliance Infrastructure (RInfra) on Saturday reported a consolidated net loss of Rs 106.91 crore for the quarter ended December 31, 2021.
• The company had logged a net profit of Rs 80.08 crore in the year-ago period.
• Total income from operations rose to Rs 4,281.45 crore compared to Rs 4,010.59 crore in the corresponding quarter of the previous fiscal year.

CURRENT AFFAIRS : STATE NEWS

TN CM M K Stalin Launches  Naan Muthalvan Scheme   

• Tamil Nadu Chief Minister MK Stalin has launched an ambitious skill development scheme for students titled Naan Muthalvan’ (I am first) at the Kalaivanar arangam in Chennai, TN.
• The word Muthalvan also roughly translates to chief minister.

Aim :

• To improve the educational skills, knowledge, talent and efficiency of 10 lakh youth annually.

About Naan Muthalvan (I am first) :

Objective :

• To make all students and youth stand out in the spheres of education, research, thought, action and talent.
• He also inaugurated a website naanmudhalvan.tnschools.gov.in and distributed a guide containing details of higher education and employment to school students.

Expected Questions :

Who is the Current Governor of Tamil Nadu?

R.N. Ravi

Who is the president of Dravida Munnetra Kazhagam (DMK) party?

MK Stalin

Recent Related News :

• Chief Minister MK Stalin’s autobiography Ungalil Oruvan (One Among You) launched by Congress leader Rahul Gandhi in
• This is the first part of the autobiography that contains his early life experiences.

CURRENT AFFAIRS : BANKING & ECONOMY

RBI proposes to assess impact of its financial literacy campaigns

• The Reserve Bank of India (RBI) is proposed to assess the impact of the multi-media awareness campaigns to promote financial literacy and also safe banking practices.
• It was a multi-media multi-lingual campaign using SMSes, print, television channels, radio, hoardings, websites and social media.
• Inviting the request for proposal (RFP) from certain shortlisted entities, the RBI stated they would be required to undertake outcome and impact assessment of its multilingual, pan-India public awareness campaigns.
• The RBI campaigns are in 14 languages : Assamese, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Odia, Punjabi, Sindhi, Tamil, Telugu and Urdu with more focus on regional languages.

Expected Questions:

Which campaign launched by RBI to educate and empower the public about banking regulations?

RBI Kehta Hai

About RBI :

• Established : 1 April 1935
• Headquarters : Mumbai, Maharashtra
• Governor : Shaktikanta Das
• Deputy Governors : Mahesh Kumar Jain, M. Rajeshwar Rao, Michael Patra and T. Rabi Shankar.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Ashneer Grover resigns as MD & Director of BharatPe                    

• Ashneer Grover has resigned as the MD & Director of BharatPe but continues to hold his 5 per cent stake in BharatPe.

Expected Questions :

Who is the CEO of BharatPe?

Suhail Sameer

Recent News :

• In Nov 2021, Bharatpe launched the world’s first Merchant Shareholding Program (MSP) with an equity pool of up to $100 million for small business owners on its platform.
• It is being designed with the objective of providing an opportunity to the company’s millions of offline merchant partners to become part equity owners of BharatPe.

About BharatPe :

• Founded : 20 March 2018
• Headquarters : New Delhi, Delhi, India
• BharatPe is an Indian fintech company that caters to small merchants and kirana store owners in India.

Abhishek Singh appointed as CEO of NeGD

• The Government of India appointed 1995-batch IAS officer from Nagaland cadre Abhishek Singh as CEO & President of National e-Governance Division (NeGD), Ministry of Electronics & Information Technology (MeitY).

Expected Questions :

When was the National e-Governance Division established?

2009

Who is the current CEO of Digital India Corporation?

Abhishek Singh

Who is the Minister of State in MeitY?

Rajeev Chandrasekhar

Recent News :

• In July 2020, Abhishek Singh was appointed as the managing director and CEO of Digital India Corporation (DIC).
• Singh is also serving as the CEO of MyGov since October 2019.

About NeGD :

• Headquarters : New Delhi, Delhi, India

About MeitY :

• Cabinet Minister : Ashwini Vaishnaw
• Secretary : Ajay Prakash Sawhney

Manu Kumar Srivastava appointed as Chief Secretary of Maharashtra

• Maharashtra Chief Minister Uddhav Thackeray appointed veteran bureaucrat Manukumar Srivastava as the new chief secretary of Maharashtra.
• He has a term till April 2023.
• The general administration department has asked additional chief secretary (appeals and security) Anand Limaye to take additional charge of the home department.

About Manukumar Srivastava :

• Srivastava is an Indian Administrative Service officer of the 1986 batch and was the additional chief secretary (home).
• He has also held charge as the additional commissioner of the Brihanmumbai Municipal Corporation, additional chief secretary (revenue), and the district collector of Nagpur and Kolhapur districts

Expected Questions :

Prior to Manukumar Srivastava who was the chief secretary of Maharashtra?

Debashish Chakrabarty

Recent News :

• In Dec 2021, Maharashtra topped the list of states with the maximum number of beneficiaries 6,49,560 under the Atmanirbhar Bharat Rojgar Yojana (ABRY), followed by Tamil Nadu (5,35,615) and Gujarat (4,44,741).

About Maharashtra :

• Governor: Bhagat Singh Koshyari
• Capital: Mumbai

World Bank’s India head Junaid Ahmad appointed vice president of operations                         

• The World Bank’s India head Junaid Kamal Ahmad has been appointed as a Vice President of the international lending institution.
• As Vice President, Operations would head the Multilateral Investment Guarantee Agency (MIGA), Ahmad is only the second Bangladeshi national to be appointed to such a high position in the World Bank.
• He will assume his new role from April 16,2022.

Expected Questions :

Headquarters of the World Bank located at?

Washington, D.C, United States

Who is the world bank country director for india?

Junaid Kamal Ahmad

Who was the 1st Bangladeshi national to become the vice president on the Operational side?

Faisal Chaudhary

Recent News :

• Recently The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a $115 million (INR 869 crore) Programme (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme).

In that,

• Karnataka with $60 million (INR 453.5 crore),
• Odisha with $49 million (INR 370 crore),
• $6 million (INR 45.5 crore) will be for the central government’s Department of Land Resources.

About World Bank :

• Founded : 1944
• President : David Malpass
• MD & CEO : Anshula Kant

CURRENT AFFAIRS : AWARDS & HONORS

Minister Of State For Education Annpurna Devi Confers 49 School Teachers With National ICT Awards

• Union Minister of State for Education Annpurna Devi presented National Information and Communication Technology (ICT) Awards to 49 teachers across
• National Information and Communication Technology (ICT) Awards are presented under the “Information and Communication Technology in Schools (ICT in Schools)” scheme by the Ministry of Human Resource Development (MHRD).
• The MoS Education also highlighted that the flagship projects to bridge the digital divide include DIKSHA, ePathshala, ICT Curriculum for teachers and students, School MOOCs on SWAYAM (Study Webs of Active Learning for Young Aspiring Minds), PMeVIDYA (One Class One Channel) and NISHTHA (National Initiative for School Heads’ and Teachers’ Holistic Advancement).

Expected Questions :

Who is the Cabinet Minister of the Ministry of education?

Dharmedra Pradhan

When was International Mother Language Day observed?

February 21

Recent News :

• On Feb 25, 2022, the Ministry of Education launched a campaign ‘Bhasha Certificate Selfie to encourage cultural diversity and promote multilingualism and to foster the spirit of Ek Bharat Shreshtha Bharat.
• With an aim to promote Bhasha Sangam mobile app, developed by the Ministry of Education and MyGov India.
• It is launched to commemorate the International Mother Language Day.

About Ministry of Education :

• Minister of State : Dr. Subhas Sarkar, Dr. Rajkumar Ranjan

CURRENT AFFAIRS : MOU & AGREEMENTS

Union Bank of India partners with Ambit Finvest for co-lending to MSMEs                                

• Ambit Finvest Private Limited (Ambit Finvest), the Non-Deposit taking Non-Banking Financial Company (NBFC) of the Ambit Group has signed a co-lending agreement with Union Bank of India (UBI) for lending to Micro, Small and Medium Enterprise (MSME) customers.

Aim :

• To facilitate speedy disbursal of credit across different geographies.
• This alliance will ensure underwriting for originations, positively impacting the creditworthiness of MSMEs, in 11 states.
• Through this innovative model of lending, MSMEs will now enjoy a blended lower rate of interest, translating into a lower cost of funds, helping them deploy capital more effectively in their business.”

Expected Questions :

Who is MD & CEO of Union Bank of India?

Rajkiran Rai G

Headquarters of Ambit Finvest Pvt Ltd located at?

Mumbai, Maharashtra

Recent News :

• On February 25, 2022, Union Minister for Micro, Small & Medium Enterprises, Shri Narayan Rane launched the Union MSME RuPay Credit Card of Union Bank of India at the MSME Conclave being held in Sindhudurg district of Maharashtra.
• The card is being offered by Union Bank of India.
• It provides a simplified payment mechanism to MSMEs to meet their business-related operational expenses.

About Union Bank of India :

• Founded : 11 November 1919
• Headquarters : Mumbai, Maharashtra

About Ambit Finvest Pvt Ltd :

• CEO : Sanjay Agarwal

About Ministry of Micro, Small and Medium Enterprises :

• Cabinet Minister : Narayan Rane
• Minister of State : Bhanu Pratap Singh Verma

HPCL signs MoU with SECI for renewable energy, electric mobility, alternative fuels

• The Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd (SECI) have signed a MoU for cooperation and collaboration in the field of renewable energy, electric mobility, and alternative fuels including the development of ESG Projects.

Aim :

• In order to realize green energy objectives and the government’s efforts towards a carbon-neutral economy.

Signatories :

• Shuvendu Gupta, chief general manager- Biofuels & Renewables, HPCL,
• Sanjay Sharma, executive director, SECI.
• SECI promotes and develops a variety of renewable energy resources, including solar and wind energy, RE-based storage systems, waste to energy, power trading, Research and development projects (R&D), and RE base products such as green hydrogen, green ammonia, and RE-powered electric vehicles (EVs).

Expected Questions :

Headquarters of HPCL located at?

Mumbai, Maharashtra

Which is the parent ministry of Solar Energy Corporation of India Ltd?

Ministry of New and Renewable Energy.

About HPCL :

• Founded : 1974
• MD : M K Surana
• HPCL is a subsidiary of Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas (MoP&NG).

About SECI :

• Founded : 9 September 2011
• Headquarters : New Delhi, Delhi, India

About Ministry of New and Renewable Energy :

• Cabinet Minister : Raj Kumar Singh
• Minister of State : Bhagwanth Khuba

CURRENT AFFAIRS: SPORTS NEWS

31st Southeast Asian Games to be held in Vietnam:

• The 31st Southeast Asian Games will be held in Vietnam from May 12 to 23, 2022.
• It is the biggest sporting event of Southeast Asia and is a biennial event.

Expected Questions:

What is the Moto of 31st Southeast Asian Games?

For a Stronger South East Asia”

What is the mascot of the 2021 Southeast Asian Games?

Sao La”- a rare mammal native to central Vietnam.

Related news:

• The finals of the 15th CEC Cup Men’s Ice Hockey Championship, 2022 were played between the teams of ITBP and Ladakh Scouts at the Ice Hockey Rink which us at NDS Sports Complex in Leh.
• The Ladakh Scouts won in the end and they lifted the 15th CEC Cup Men’s Ice Hockey Championship 2022.

Dabang Delhi beats Patna Pirates to win maiden PKL title:

• Dabang Delhi K C defeated Patna Pirates by 36-37 in the final of the Pro Kabaddi League Season 8 in Bengaluru,
• Dabang Delhi beat three-time champion Patna Pirates.

Expected Questions:

Who was awarded with the Raider of the season award?

Pawan Sehrawat

Who was awarded the Most Valuable Player of the season award?

Naveen Kumar

Which Player has named as Emerging Player of the season?

Mohit Goyat

Related news:

• India concluded its campaign at the Singapore Weightlifting International 2022 with eight medals, including six golds and a silver and bronze each.
• Each of the eight Indian lifters who registered for Singapore International won medals and secured their spots at the Birmingham 2022 Commonwealth Games, scheduled to be held in July-August.
• India now has total of 12 weightlifters qualified for the Commonwealth Games 2022 in Birmingham.

CURRENT AFFAIRS: BOOKS AND AUTHOR

Anup Jalota released book “Udaan Ek Majdoor Bachhe Ki”:

• Bhajan Samrat Anup Jalota has released the book “Udaan Ek Majdoor Bachhe Ki” by Captain AD Manek in a glittering program organized by Shailesh B Tiwari of P Club Education Pvt Ltd in Mumbai.

Expected Questions:

Who has been author the book “Udaan Ek Majdoor Bachhe Ki”

Mithilesh Tiwari

Who is the India’s first woman helicopter pilot Captain?

Aruna Dukhande

Who is the India’s first youngest glider pilot?

Richa Waiker

Recent news:

Maharashtra’s GST revenue dips by over Rs 1,200 crore:

• Maharastra GST revenue which has seen a steady recovery 2022, dipped by Rs 1,282 crore between January and February 2022
• GST is a consumption-based tax and is an indicator of economic activity. Maharashtra’s GST collections are the highest in the country and is the main revenue earner for the state government.

Tamil Nadu chief minister MK Stalin’s autobiography Ungalil Oruvan has launched:

• Congress leader Rahul Gandhi launched the first volume of Tamil Nadu chief minister MK Stalin’s autobiography Ungalil Oruvan (One Among You) in Chennai.
• The first part of the autobiography contains his early life experiences

Expected Questions:

M.K. Stalin holds which Position as the Chief Minister of Tamil nadu?

21st Chief Minister of Tamil Nadu, 8th person to hold this position.

Recent news:

India’s first ambulance for street animals launched in Tamil Nadu:

• India’s first ambulance for street animals has been launched in Chennai, Tamil Nadu.
• It has been started by the Blue Cross of India in collaboration with the international animal welfare organization “Four Paw”.
• Madras High Court Justice Dr Anitha Sumanth launched the ambulance.

Daily CA On Mar 03 :

• The Civil Accounts Day has celebrated on 2nd March 2022 at Dr Ambedkar International Centre, Janpath, New Delhi.
• World Civil Defence Day is annually observed across the globe on 1st March to honour the significance of Civil Defence and the personnel who have sacrificed their lives for it.
• The President of India, Shri Ram Nath Kovind, inaugurated a newly developed ‘Arogya Vanam’ at the President’s Estate, (Rashtrapati Bhavan) in New Delhi on March 1, 2022.
• A subsidiary of Reliance Infrastructure, SES Yamuna Power Limited (BYPL) has commissioned India’s first ‘Smart Managed EV Charging Station’ in the New Delhi.
• Tamil Nadu Chief Minister MK Stalin has launched an ambitious skill development scheme for students titled Naan Muthalvan’ (I am first) at the Kalaivanar arangam in Chennai, TN.
• The Reserve Bank of India (RBI) is proposed to assess the impact of the multi-media awareness campaigns to promote financial literacy and also safe banking practices.
• Ashneer Grover has resigned as the MD & Director of BharatPe but continues to hold his 5 per cent stake in BharatPe.
• The Government of India appointed 1995-batch IAS officer from Nagaland cadre Abhishek Singh as CEO & President of National e-Governance Division (NeGD), Ministry of Electronics & Information Technology (MeitY).
• Maharashtra Chief Minister Uddhav Thackeray appointed veteran bureaucrat Manukumar Srivastava as the new chief secretary of Maharashtra.
• The World Bank’s India head Junaid Kamal Ahmad has been appointed as a Vice President of the international lending institution.
• Union Minister of State for Education Annpurna Devi presented National Information and Communication Technology (ICT) Awards to 49 teachers across
• Ambit Finvest Private Limited (Ambit Finvest), the Non-Deposit taking Non-Banking Financial Company (NBFC) of the Ambit Group has signed a co-lending agreement with Union Bank of India (UBI) for lending to Micro, Small and Medium Enterprise (MSME) customers.
• The 31st Southeast Asian Games will be held in Vietnam from May 12 to 23, 2022.
• Dabang Delhi K C defeated Patna Pirates by 36-37 in the final of the Pro Kabaddi League Season 8 in Bengaluru,
• Bhajan Samrat Anup Jalota has released the book “Udaan Ek Majdoor Bachhe Ki” by Captain AD Manek in a glittering program organized by Shailesh B Tiwari of P Club Education Pvt Ltd in Mumbai.
• Congress leader Rahul Gandhi launched the first volume of Tamil Nadu chief minister MK Stalin’s autobiography Ungalil Oruvan (One Among You) in Chennai.