Daily Current Affairs March 28

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs March 28. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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March 28| Daily Current Affairs 2023

Sports – Daily Current Affairs March 28

1. Who bagged World Youth C’ships bronze in the the IWF World Youth Championships in Durres, Albania?
A) Satwiksairaj Rankireddy
B) Jinson Johnson
C) Chirag Shetty
D) Bharali Bedabrate
E) None of these
Answer: D) Bharali Bedabrate

• Indian weightlifter Bharali Bedabrate clinched the men’s 67kg bronze medal at the the IWF World Youth Championships in Durres, Albania.
• The 15-year-old lifted a total of 267kg(119kg+148kg) to finish third on Monday night.
• Armenia’s Seryozha Barseghyan 275kg(128kg+147kg) and Saudi Arabia’s Mohammed Al Marzouq 270kg (119kg+148kg) won the gold and silver medals respectively.
• Bharali also won a bronze medal in the clean and jerk section with a best lift of 148kg.

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2. Who won men’s 1500m event in Indian Grand Prix 2?
A) Satwiksairaj Rankireddy
B) Jinson Johnson
C) Chirag Shetty
D) Only A & B
E) Only A & C
Answer: B) Jinson Johnson

• Reigning Asian Games champion Jinson Johnson won the men’s 1500m event in his first competition in a year at the Indian Grand Prix II 2023 athletics meet in Thiruvananthapuram, Kerala.
• Jinson Johnson also qualified for the Asian Games in Hangzhou, which will take place later this year, as a result of the procedure.
• At 3:44.52, Jinson Johnson won the men’s 1500-meter race.
• The Athletics Federation of India (AFI) established a 3:47:84 entry standard for the Asian Games.
• Johnson was last seen in action at the Federation Cup in April last year.
• The national record holder was facing a recurring tendon injury and is on a comeback trail.
• The Federation Cup last year was Johnson’s first competition since the World Military Games in October 2019.
• With a time of 3:47.00, Rahul finished second to Jinson Johnson on the podium and qualified for the Asian Games, which will take place in September-October. In 3:48.57, Prakash Balu Gadade won bronze.

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3. Which state will host the Taekwondo Premier League in June?
A) Delhi
B) Uttar Pradesh
C) Gujarat
D) Rajasthan
E) None of these
Answer: A) Delhi

• The ambitious Indian Taekwondo Premier League (TPL) will be held in Delhi in June 2023 and would be played in a franchise model.
• Taekwondo is a very effective martial art that relies on fast and powerful kicks and punches, it originated in Korea and is a very popular in India especially the youth and is also studied in the armed forces as well.
• It is practiced by over 20 million athletes in about 200 countries and is an Olympic sport.
• The League was announced on Sunday and it has already found takers in Hyderabad, Rajasthan, Maharashtra, Assam, Delhi, Bengaluru, Dehradun, Punjab, Haryana, Himachal, Chennai and Gujarat.
• Taekwondo Grandmasters Jun Lee and Moon Dae Sung, a World, Olympic and Asian Champion, hailed the TPL as a path-breaker while addressing a power-packed audience, including 400 players, during the launch.

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4. Who won Swiss Open Super 300 Badminton doubles title in Basel?
A) Satwiksairaj Rankireddy
B) Jinson Johnson
C) Chirag Shetty
D) Only A & B
E) Only A & C
Answer: E) Only A & C

• India’s top men’s doubles badminton pair of Satwiksairaj Rankireddy and Chirag Shetty win their first title of the 2023 season in Basel.
• They beat China’s Ren Xiang Yu and Tan Qiang 21-19, 24-22 in the Swiss Open 2023, a Super 300 event.
• The world no. sixth pair beat the world no. 21 pair in a little under an hour.
• It was a dominant display against a pair that had not dropped a game all tournament long.
• This was Rankireddy and Shetty’s first BWF (Badminton World Federation) doubles title of the year, and the fifth World Tour title in their career.

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Banking and Finance – Daily Current Affairs March 28

5. Who extended nomination deadline for existing trading, demat account holders till Sep 30?
A) RBI
B) SEBI
C) IRDAI
D) SIDBI
E) None of these
Answer: B) SEBI

• Capital markets regulator Sebi uesday extended the deadline till September-end for existing trading and demat account holders to provide choice of nomination or opt out of nomination.
• Earlier the deadline was March 31, 2023.
• In July 2021, the Securities and Exchange Board of India (Sebi) asked all existing eligible trading and demat account holders to provide choice of nomination on or before March 31, 2022, failing which the trading and demat accounts would have been frozen for debits.
• Later, this was extended by one more year till March 31, 2023.
• ”Based on the assessment of the trading as well as demat accounts in which choice of nomination details (furnishing of nomination or declaration for opting out of nomination) has not been updated and on the basis of representations received from the stakeholders, it has been decided that the provisions.
• with regard to freezing of accounts shall come into force with effect from September 30, 2023 instead of March 31, 2023,” Sebi said in a circular.

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6. Who received RBI license to operate as NBFC account aggregator?
A) CRIF
B) CRPF
C) BSF
D) CAPF
E) None of these
Answer: A) CRIF

• CRIF Connect Private Limited, a subsidiary of CRIF S.p.A has received the approval to commence operations as an NBFC Account Aggregator (AA) from the Reserve Bank of India.
• With CRIF’s legacy, knowledge, and experience, CRIF Connect is uniquely positioned to benefit both consumers and financial institutions.
• CRIF Connect is an end-to-end encrypted platform that securely fetches and transfers a consumer’s financial data based on their explicit consent between financial institutions.
• Thus, making data sharing extremely safe based on RBI-approved guidelines.
• Speaking on the announcement, Mr. Wilfred Sigler, Senior Director – CRIF India and South Asia, said “We are pleased to receive the operating license to work as an NBFC Account Aggregator (AA).
• The Account Aggregator (AA) framework puts the customer in the centre of the ecosystem, giving them control of secured and hassle-free data sharing.
• It is a game-changer for increasing digital adoption, financial inclusion, and providing financial services with higher operational efficiencies. “
• CRIF Connect will be available through a web application ana d mobile application.
• Through the CRIF Connect App, users can view all their financial information in one place.
• They can choose what information to share with the financial institution in real time and make changes to their consent which they can give, deny, or revoke at any time.

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Business and Economy – Daily Current Affairs March 28

7. EPFO marginally raised interest rate on employees’ provident fund to _______ percent for FY23?
A) 6.15 per cent
B) 7.55 per cent
C) 8.15 per cent
D) 9.25 per cent
E) None of these
Answer: C) 8.15 per cent

• Retirement fund body EPFO marginally raised interest rate on employees’ provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers.
• In March 2022, Employees’ Provident Fund Organisation (EPFO) had lowered the interest rate on EPF for 2021-22 to a four-decade low of 8.10 per cent for its subscribers, from 8.5 per cent in 2020-21.
• This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.
• The apex decision making body of EPFO, Central Board Trustees (CBT) headed by Union Labour Minister Bhupender Yadav, recommended 8.15 per cent annual rate of interest to be credited on EPF accumulations in members’ accounts for financial year 2022-23.

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Acquisitions and Mergers – Daily Current Affairs March 28

8. Who partnered with Shiprocket for cross-border shipping solutions?
A) eBay
B) Flipkart
C) Amazon
D) Snapdeal
E) None of these
Answer: A) eBay

• Logistics aggregator Shiprocket said it has collaborated with global e-commerce platform eBay for cross-border shipping solutions to domestic SMEs.
• As a part of this partnership, all eBay cross-border trade sellers from India will be able to choose its cross-border shipping solution, Shiprocket X, as their shipping partner for eBay shipments.
• Shiprocket X helps small and medium-sized export businesses seamlessly manage and deliver orders to global destinations at affordable costs, as per the company.

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Science and Technology – Daily Current Affairs March 28

9. India’s first cloned desi Gir female calf Ganga produced at ____________?
A) ICAR
B) NDRI
C) IIHR
D) IARI
E) None of these
Answer: B) NDRI

• Amid the government push for increasing milk production, the National Dairy Research Institute, Karnal has produced the country’s first cloned female calf of the desi breed Gir which can produce more than 15 litres of milk per day.
• “Under a project by National Dairy Research Institute, Karnal to work on cloning of indigenous cow breeds such as Gir and Sahiwal, India’s first cloned Gir female calf named ‘Ganga’ weighing 32 kg was born and is growing well,”.
• Indigenous cattle breeds such as Gir, Sahiwal, Tharparkar, and Red-Sindhi, play a pivotal role in milk production and the growth of the Indian dairy industry.
• “We have cloned the calf from a cow of Gir breed which was giving 15-litre milk per day.
• As per Prime Minister Narendra Modi’s directions to increase milk yield, we have started cloning the high-yield cows using the cloning technique,”.

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International Affairs – Daily Current Affairs March 28

10. NBCC inked MoU to help in construction of how many housing units in Zambia?
A) 1,00,000
B) 2,00,000
C) 3,00,000
D) 4,00,000
E) None of these
Answer: A) 1,00,000

• State-owned NBCC has signed an MoU to cooperate in the construction of 1,00,000 housing units in Zambia.
• NBCC, the Navratna CPSE of the Government of India, signed the MOU for cooperation with Scirocco Enterprises Ltd of Zambia for the construction of 1 lakh low and medium-cost houses to mitigate an acute shortage of housing in that country, the company said in a statement.
• The MoU was signed through virtual mode by K P M Swamy, Director (Commercial), NBCC (India) Ltd and MaustafaSaadi, Chief Executive Officer, Scirocco Enterprises Ltd in the presence of P K Gupta, CMD, NBCC.
• The housing units are to be constructed by 2030. NBCC will provide its engineering services as EPC Agency.
• NBCC has successfully completed social housing in Mauritius and the construction of social housing units at Maldives is under progress.

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11. First joint conference of army chiefs of India and African countries held in _________?
A) Ladakh
B) Chennai
C) Pune
D) Aluva
E) None of these
Answer: C) Pune

• The first joint conference of army chiefs of India and African countries is being held in Pune.
• Defense Minister Rajnath Singh will attend the conference as the chief guest. Army Chief General Manoj Pandey will also be present.
• This will be the first-ever conference of Army Chiefs of these countries.
• Army chiefs of 10 countries along with 31 representatives of African countries are present in this conference.
• A defence exhibition will be held under the Atmanirbhar Bharat campaign and the aim of the exhibition is to target African countries as a market for defence products.

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National Affairs – Daily Current Affairs March 28

12. Centre sanctioned how many crores under FAME Scheme Phase II for 7432 public fast charging stations?
A) Rs. 600 crores
B) Rs. 700 crores
C) Rs. 800 crores
D) Rs. 900 crores
E) None of these
Answer: C) Rs. 800 crores

• The Union Minister of Heavy Industries, Dr. Mahendra Nath Pandey, announced the sanction of Rs. 800 crores under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging stations across the country.
• The Committee headed by DG BEE recommended certain changes to improve the viability of the development of public charging infrastructure.
• It includes supporting the upstream infrastructure (such as distribution transformer, LT & HT cables, AC distribution boxes, circuit breakers/isolators, protection equipment, tubular or PCC mounting structures, fencing and civil work) which generally cost up to 60% of overall cost for setting up a Public EV charging station.
• The upstream infrastructure comprises of the money that is to be paid by ChargePoint Operators to the DISCOMs to obtain electricity connection.
• Based on the recommendation of committee, MHI approved financial assistance for setting up upstream infrastructure of up to 80% upstream infrastructure.
• This will make installation of charging stations easier by reducing the upfront cost. In addition, the earlier subsidy of 70% on EV Supply Equipment will continue as before.

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13. International Conference on G20 Trade Finance Cooperation during the 1st TIWG Meeting, scheduled in Mumbai on March 28th, 2023. In TIWG, I stands for_________?
A) Investment
B) Initial
C) Indian
D) Infrastructure
E) None of these
Answer: A) Investment

• The 1st Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency is scheduled in Mumbai, from March 28 − 30, 2023.
• During the three-day meeting, over 100 delegates from G20 member countries, invitee countries, regional groupings and international organizations will engage in deliberations to accelerate global trade and investments
• On the first day, on March 28, an International Conference on ‘Trade Finance’ will be held.
• This International Conference is being organized by Export Credit Guarantee Corporation of India (ECGC) and India EXIM Bank.
• Trade finance supports economic growth, and it is integral for maintaining international trade flows, for mitigating risks emerging from tight liquidity.
• Around 80% of all international trade uses some type of trade finance instrument, such as letter of credit, supply chain financing, invoice discounting and receivables financing.
• Global trade finance involves a number of parties, including banks, trade finance companies, export credit agencies, insurers, importers and exporters.
• Trade finance is the lifeblood of cross-border trade.

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14. Ms. Anupriya Patel inaugurated which edition of INDIASOFT, New Delhi?
A) 21st
B) 22nd
C) 23rd
D) 24th
E) None of these
Answer: C) 23rd

• Union Minister of State for Commerce & Industry, Ms. Anupriya Patel inaugurated the 23rd edition of INDIASOFT at Pragati Maidan, New Delhi.
• She said that by 2047 India would become a developed country with a GDP of USD 32 trillion, which would be a defining moment for India and the global community alike.
• This scale of growth would be greatly influenced by the strides India is making in the ICT sector, she added.
• “From now to 2047, we fondly refer to Amrit Kal, a stretch of time India is going to make big in every discipline, that is our shared vision, collective goal, and a transformative turning point in our glorious history”, the Minister said, adding that India would be willing to share the technologies and devices developed, with countries desirous of acquiring them.

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15. Which state ready to host first G20 summit on MAR 28?
A) Uttarakhand
B) Uttar Pradesh
C) Madhya Pradesh
D) Rajasthan
E) None of these
Answer: A) Uttarakhand

• Ramnagar in the Nainital district of Uttarakhand is ready to host the first G20 summit in the state from on 28th March 2023.
• Around 70 foreign delegates will reach Ramnagar tomorrow to discuss four agendas -The One Health opportunity to tackle the pandemic and disease control, Coordination in global efforts enhancing reach to scientific knowledge, diversity, similarity inclusiveness and reach in the field of science and technology and inclusive, incessant and action-oriented global policy in regard to science and technology.
• Security has been tightened in the area in view of the Summit and all arrangements are in place.
• The culture of Uttarakhand has been carved on the walls along the roads so that foreign and Indian delegates should know it.
• The murals also depict the lifestyle and musical instruments of Uttarakhand.
• The delegates will be served the traditional food of Uttarakhand also along with modern food.
• They will also be taken to Safari in Jim Corbett national park on the 30th of March, the last day of the Summit.

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16. BD Mishra inaugurated which edition of Ladakh Literary Conference at Syed Mehdi Memorial Hall Kargil?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: C) 3rd

• In Ladakh, Lieutenant Governor Brig. (DR) BD Mishra (Rtd) inaugurated the 3rd edition of the Ladakh Literary Conference at Syed Mehdi Memorial Hall Kargil.
• During the inaugural session, two papers were presented, one by Purgi Scholar Issa Sabiri on the Development of Purgi Language and Script and another by Gen Tubstan Paldan (State Awardee) on Ladakh Language and Literature-An Insight.
• Talking about the importance of education and expressing the concern of Prime Minister Narendra Modi on the education system, particularly Exams, LG Mishra distributed Exam Warriors Book by the Prime Minister to students of the different schools.
• Expressing his Joy for attending the first Literary Conference, he said that he was astonished to know the richness of the language and cultural diversity of Ladakh through different languages, including Purgi, Bhoti, Ladakhi, Balti, Shina, Dardi, Urdu and even in English.

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