Daily Current Affairs March 02

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 02. 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 02| Daily Current Affairs 2023

Business and Economy – Daily Current Affairs March 02

1. Who started exercise to prepare logistics cost framework?
A) DPIIT
B) Snapdeal
C) L&T
D) Infosys
E) None of these
Answer: A) DPIIT

• The department for promotion of industry and internal trade (DPIIT) is starting an exercise to prepare a framework for determining logistics cost in the country, an official said.
• For this, the department will be holding a workshop on the subject, where experts, academicians, professors, and statisticians across the globe will participate on March 20 here besides government officials.

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2. NSE gets SEBI nod will launch WTI on _______ futures contracts?
A) Crude Oil
B) Natural Gas
C) Petrol
D) Only A & B
E) Only A & C
Answer: D) Only A & B

• National Stock Exchange (NSE) has received approval from the regulator Securities and Exchange Board of India (SEBI) to launch the rupee-denominated NYMEX WTI Crude Oil and Natural Gas (Henry Hub) futures contracts in its commodity derivatives segment.
• These contracts are among the most-traded commodity derivatives the world over.

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3. Who launched ‘Samarth Krishi’ program to support farmers?
A) Flipkart
B) Amazon
C) Snapdeal
D) Myntra
E) None of these
Answer: A) Flipkart

• Flipkart India Private Limited on Friday launched the ‘Flipkart Samarth Krishi’ program with the aim of providing India’s farming communities and Farmer Producer Organisations (FPOs) with national market access and more negotiation power through its platform.
• Aligned with the government’s commitment to empower Indian farmers and boost the agricultural sector, the ‘Flipkart Samarth Krishi’ program seeks to provide market access and build the capacity of farmers.

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Acquisitions and Mergers – Daily Current Affairs March 02

4. Which state govt inked MoU with UNEP on Urban Cooling Programme in presence of Danish Crown Prince?
A) Tamil Nadu
B) Punjab
C) Kerala
D) Karnataka
E) None of these
Answer: A) Tamil Nadu

• The Tamil Nadu Government today signed a Memorandum of Understanding (MoU) with the United Nations Environment Programme to develop a comprehensive Urban Cooling programme of support in the State to meet the objectives under the TN State Action Plan on Climate Change.
• The UNEP is the leading organization within the United Nations system in the field of environment and has a major area of focus of its global mandate, the conservation, protection, enhancement and support of nature and natural resources, including biological diversity, worldwide.

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Appointments – Daily Current Affairs March 02

5. Pramerica Life Insurance appointed whom as MD and CEO?
A) Vikash Verma
B) Sanjay Agarwal
C) M. R. Kumar
D) Pankaj Gupta
E) None of these
Answer: D) Pankaj Gupta

• Pramerica Life Insurance appointed Pankaj Gupta as the managing director and chief executive officer.
• Gupta was Group Head – Distribution Strategy & Alliances of HDFC Life.
• Pankaj succeeds Kalpana Sampat, who was the previous MD & CEO. Prior to HDFC Life, Pankaj has also held senior leadership roles at Citigroup, ICICI Bank, and TCS.

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Science and Technology – Daily Current Affairs March 02

6. Who inaugurated Indian Customs Electronic Data Interchange System at land customs station on India-Bhutan border?
A) Rajnath Singh
B) Sarbananda Sonowal
C) Nirmala Sitharaman
D) Narendra Singh Tomar
E) None of these
Answer: C) Nirmala Sitharaman

• Union Finance Minister Nirmala Sitharaman virtually inaugurated Indian Customs Electronic Data Interchange (EDI) System (ICES) at Land Customs Station (LCS) Nagrakata and Kulkuli on India-Bhutan border during her visit to LCS Panitanki on India-Nepal Border in West Bengal.
• During her visit to Panitanki, she was apprised regarding the role of customs in using advanced technology installed to deliver service in a cost and time-effective manner thus enhancing trade with our neighbouring nations.
• The Union finance minister also informed locals about the benefits of the Indian Customs Electronic Data Interchange (EDI) System (ICES) which she launched virtually earlier in the day.
• Kulkuli land customs station in Alipurduar, and Nagrakata land customs station in Jalpaiguri are two different LCSs in West Bengal.

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7. Who launched US, Russia, UAE astronauts to space station?
A) SpaceX
B) ISRO
C) NASA
D) ESA
E) None of these
Answer: A) SpaceX

• SpaceX launched four astronauts to the International Space Station for NASA, including the first person from the Arab world going up for an extended monthslong stay.
• The Falcon rocket bolted from Kennedy Space Center shortly after midnight, illuminating the night sky as it headed up the East Coast.
• Nearly 80 spectators from the United Arab Emirates watched from the launch site as astronaut Sultan al-Neyadi only the second Emirati to fly to space blasted off on his six-month mission.

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8. Who will inaugurate 3-day agri-science fair at Pusa campus?
A) Rajnath Singh
B) Sarbananda Sonowal
C) Narendra Modi
D) Narendra Singh Tomar
E) None of these
Answer: D) Narendra Singh Tomar

• Agriculture Minister Narendra Singh Tomar will inaugurate a three-day agri-science fair at the Pusa-IARI campus.
• As the country is celebrating the ‘International Year of Millets’, the theme of the annual fair ‘Pusa Krishi Vigyan Mela’, being organised by the government research body Indian Institute of Agricultural Research (IARI), is on achieving ”nutritional, food and environmental security through millets”.

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Environment and Energy- Daily Current Affairs March 02

9. Who commissioned India’s first air-cooled condenser at North Karanpura plant?
A) NTPC
B) ONGC
C) CPCL
D) BPCL
E) None of these
Answer: A) NTPC

• State-owned power giant NTPC has commissioned India’s first air-cooled condenser at North Karanpura super critical thermal plant in Jharkhand, which would help in water conservation.
• This project has been envisaged with Air Cooled Condenser (ACC) which has almost 1/3rd water footprint as compared to a conventional Water Cooled Condenser (WCC), a power ministry statement said.

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10. India’s coal production rised ______% in Apr-Feb period?
A) 15.10 per cent
B) 16.20 per cent
C) 14.30 per cent
D) 12.15 per cent
E) None of these
Answer: A) 15.10 per cent

• India’s coal output increased by 15.10 per cent to 784.41 million tonnes (MT) during April-February period of the ongoing fiscal.
• The country’s coal output was at 681.5 MT in the year-ago period, as per provisional figures of the coal ministry.

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International Affairs – Daily Current Affairs March 02

11. Which session of G20 Foreign Ministers’ Meet commenced on multilateralism, food and energy security?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: A) 1st

• The first session of the G20 Foreign Ministers’ Meeting commenced on multilateralism, food and energy security and development cooperation.
• The discussion will realise India’s theme of ‘One Earth, One Family, One Future’ for its G20 Presidency, which signals the need for unity of purpose and unity of action.
• “Towards realising the vision of One Earth, One Family, One Future. Session I of #G20FMM gets underway. Discussions to focus on contemporary challenges around multilateralism, food & energy security and development cooperation,” tweeted the Ministry of External Affairs spokesperson Arindam Bagchi.

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12. PM Modi announced establishment of a ‘Startup Bridge’ between India and which country?
A) Italy
B) Germany
C) Denmark
D) Sweden
E) None of these
Answer: A) Italy

• Prime Minister Narendra Modi announced the establishment of a ‘Startup Bridge’ between India and Italy, and said that both countries have laid special emphasis on increasing cooperation in areas like Renewable Energy, Green Hydrogen, IT, semiconductors, telecom and space.
• Prime Minister Modi made the remarks at the press meeting with Italian Prime Minister Giorgia Meloni at Hyderabad House.
• Pointing that India and Italy are celebrating the 75th anniversary of their bilateral relations this year, PM Modi also said “we have decided to give the status of Strategic Partnership to India-Italy partnership” on this occasion.

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National Affairs – Daily Current Affairs March 02

13. Who inaugurated SCO’s B2B Global Conference & Expo on Traditional Medicine?
A) Rajnath Singh
B) Sarbananda Sonowal
C) Narendra Modi
D) Narendra Singh Tomar
E) None of these
Answer: B) Sarbananda Sonowal

• Union Minister of Ayush and Ports, Shipping & Waterways, Sarbananda Sonowal inaugurated the first B2B Global Conference & Expo on Traditional Medicine under Shanghai Cooperation Organisation (SCO) at Guwahati.
• More than 150 delegates from 17 SCO (4 virtually) countries and partners attended the inaugural ceremony.
• The four days Expo on Traditional Medicine was also inaugurated by Shri Sonowal on the same premises.

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14. Who inaugurated ‘Vijay Sankalp Yatra’ in Belagavi?
A) Rajnath Singh
B) Sarbananda Sonowal
C) Narendra Modi
D) Narendra Singh Tomar
E) None of these
Answer: A) Rajnath Singh

• Defence Minister and Bharatiya Janata Party (BJP) leader Rajnath Singh inaugurated the ‘Vijay Sankalp Yatra’ in the poll-bound state Karnataka.
• On the occasion Chief Minister Basavaraj Bommai, Union Minister Pralhad Joshi and state BJP president Nalinkumar Kateel were also present.
• Earlier in the day Defence Minister arrived in Karnataka’s Belagavi to inaugurate the ‘Vijay Sankalp Yatra’ in the poll-bound state.
• Earlier, party President JP Nadda flagged off the ‘Vijay Sankalp Yatra’ in Karnataka’s Chamarajanagar.

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15. First global traditional medicine conference in ________?
A) Guwahati
B) Hyderabad
C) Chennai
D) Pune
E) None of these
Answer: A) Guwahati

• More than 150 delegates from 17 countries are likely to attend the first traditional medicine conference under Shanghai Cooperation Organisation (SCO) to be held in Guwahati, Union Minister Sarbananda Sonowal said.
• The SCO, an intergovernmental organisation founded in Shanghai in 2001, currently comprises eight Member States – China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan and Uzbekistan.
• It also has four Observer States and six “Dialogue Partners”.

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