Daily Current Affairs March 07

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 07. 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 07| Daily Current Affairs 2023

Banking and Finance – Daily Current Affairs March 07

1. Which bank rolled out credit card in tie-up with 42 Card Solutions?
A) City Union Bank
B) ICICI Bank
C) Federal Bank
D) Axis Bank
E) None of these
Answer: A) City Union Bank

• City Union Bank has launched its first credit card, the Dhi CUB Visa Signature Credit Card, in partnership with credit cards-as-a-service provider 42 Card Solutions.
• The private sector bank initially issued the cards to its employees in a trial run, and plans to have around 30,000 active cards by the end of March 2023.
• Existing customers will be given priority in the issue of credit cards Customers can apply for the card by logging into the bank’s mobile application, and can get 1.25 per cent cashback on eligible spends.
• The bank will also offer a free CUB Keychain Debit Card to its credit card customers.

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Business and Economy – Daily Current Affairs March 07

2. Who & UN Women India launched a new programme, ‘FinEMPOWER’, at Bombay Stock Exchange?
A) BSE
B) NSE
C) RBI
D) Only A & B
E) Only A & C
Answer: A) BSE

• BSE and UN Women India launched a new programme, ‘FinEMPOWER’, at the Bombay Stock Exchange (BSE).
• It is a year-long joint capacity-building programme between BSE and UN Women to empower women towards financial security.
• In commemoration of International Women’s Day, BSE and UN Women India collaboratively organised the ‘Ring the Bell for Gender Equality ceremony to accelerate investment in women leaders and entrepreneurs at BSE”.
• The MD and CEO of BSE, Mr. Sundararaman Ramamurthy, along with Ms. Susan Ferguson, Country Representative of UN Women India, jointly rang the bell for gender equality.
• Mr Ramamurthy emphasised the need for corporates to look at diversities from various angles, such as age, demographics, gender, and geographies, to broaden their outlook and cater to the various needs of cross-sections of society.

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Appointments – Daily Current Affairs March 07

3. Who sworn in as new prime minister in Qatar?
A) Sheikh Tamim bin Hamad Al Thani
B) Sheikh Mohammed bin Abdulrahman Al Thani
C) Khalid bin Khalifa bin Abdul Aziz Al Thani
D) Abdullah bin Nasser bin Khalifa Al Thani
E) None of these
Answer: B) Sheikh Mohammed bin Abdulrahman Al Thani

• Qatar’s top diplomat was sworn in as the country’s prime minister, replacing another member of the royal family who had held the post since 2020.
• The Qatar News Agency says Sheikh Mohammed bin Abdulrahman Al Thani was sworn in as the new head of government, without providing further details.
• Qatar’s ruling emir, Sheikh Tamim bin Hamad Al Thani, appoints the holders of top offices, usually from members of the royal family.
• As in other Gulf Arab countries, politics is largely confined to the royal family and developments are rarely aired in public.

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4. Who took oath as Chief Minister of Nagaland for fifth time?
A) Neiphiu Rio
B) Conrad Kongkal Sangma
C) Dr Manik Saha
D) Pema Khandu
E) None of these
Answer: A) Neiphiu Rio

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5. Who sworn in as Meghalaya CM?
A) Neiphiu Rio
B) Conrad Sangma
C) Dr Manik Saha
D) Pema Khandu
E) None of these
Answer: B) Conrad Sangma

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6. Who re-elected as next CM of Tripura?
A) Neiphiu Rio
B) Conrad Kongkal Sangma
C) Dr Manik Saha
D) Pema Khandu
E) None of these
Answer: C) Dr Manik Saha

• Nationalist Democratic Progressive Party (NDPP) leader Neiphiu Rio was sworn in as the Chief Minister of Nagaland for the fifth time.
• Prime Minister Narendra Modi, Union Home Minister Amit Shah and Nagaland Governor La Ganesan, BJP President JP Nadda and Assam CM Himanta Biswa Sarma witness the oath-taking ceremony in Kohima.
• Conrad Kongkal Sangma took oath as the Chief Minister of Meghalaya for the second consecutive term at a grand ceremony, attended by Prime Minister Narendra Modi, Union Home Minister Amit Shah and Chief Ministers.
• Chief Minister of the outgoing government in Tripura Dr Manik Saha has been re-elected in the BJP legislative party meeting here amid pressure from a group within the party for Union Minister of State for Social Justice and Empowerment Pratima Bhoumik.

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Awards – Daily Current Affairs March 07

7. Who won the Prestigious ACI World’s ASQ Best Airport Award 2022?
A) GHIAL
B) HAL
C) NTPC
D) NCW
E) None of these
Answer: A) GHIAL

• GMR Hyderabad International Airport Limited (GHIAL) has once again received accolades in the annual Airports Council International (ACI) Airport Service Quality (ASQ) survey.
• Hyderabad Airport has been adjudged as the ‘Best Airport of 15 to 25 Million Passengers Per Annum (MPPA)’ in the Asia-Pacific region for 2022.
• ACI World’s globally recognized Airport Service Quality (ASQ) program is the world’s leading airport passenger service and benchmarking programme measuring passengers’ satisfaction while they are travelling through an airport.

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8. Who got Lifetime Achievement honour in National Photography Awards ceremony?
A) Sipra Das
B) Raghu Rai
C) Dabboo Ratnani
D) Atul Kasbekar
E) None of these
Answer: A) Sipra Das

• Thirteen photographers including senior photojournalist Sipra Das have been conferred with National Photography Awards in various categories at a function in New Delhi.
• Minister of State for Information and Broadcasting Dr L Murugan gave away the awards in presence of Secretary, Information and Broadcasting Apurva Chandra.
• Photojournalist Sipra Das has been honoured with the Lifetime Achievement Award.
• Six photographers each were conferred in the category of Award for Professional Photographers and Award for Amateur Photographers.
• Addressing the gathering after giving away the awards, Minister of State Dr L Murugan said that India is rising under the leadership of Prime Minister Narendra Modi and it is fastest growing major economy in the world.

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Science and Technology – Daily Current Affairs March 07

9. Who launched H3 rocket, destroys it over 2nd stage failure?
A) Japan
B) China
C) Russia
D) USA
E) None of these
Answer: A) Japan

• Japan’s space agency intentionally destroyed a new H3 rocket moments into its launch after the ignition for the second stage of the country’s first new rocket series in more than two decades failed.
• Coming three weeks after an aborted launch due to a separate glitch, the H3’s failure was a setback for Japan’s space programme — and possibly for its missile detection programme — and a disappointment for space fans who were rooting for retrial.

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10. Who conducted Rail Track Rocket Sled deployment tests of Gaganyaan Pilot?
A) NASA
B) ISRO
C) SpaceX
D) ESA
E) None of these
Answer: B) ISRO

• The Indian Space Research Organisation (ISRO) conducted the Rail Track Rocket Sled deployment tests of the Gaganyaan Pilot and Apex Cover Separation (ACS) parachutes in cluster configurations at the Terminal Ballistics Research Laboratory (TBRL), Chandigarh, on March 1 and 3, 2023.
• “The first test simulated the clustered deployment of two pilot parachutes.
• One parachute was subjected to a minimum angle with respect to flow conditions and the second parachute was subjected to a maximum angle with respect to flow.
• These pilot parachutes are used in the Gaganyaan mission to extract and deploy the main parachutes independently,”.
• “The second test simulated the clustered deployment of two ACS parachutes under maximum dynamic pressure conditions.
• The test also simulated clustered deployment at a 90-degree angle of attack conditions for the crew module.
• The ACS parachutes are used in the Gaganyaan mission for the separation of the apex cover mounted on the Crew Module. Both pilot and ACS parachutes were deployed using a pyrotechnic mortar device,”

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Defence – Daily Current Affairs March 07

11. Defence Ministry signed contracts for procurement of indigenously developed how many Basic Trainer Aircraft, 3 Cadet Training Ships?
A) 65
B) 70
C) 75
D) 80
E) None of these
Answer: B) 70

• The Defence Ministry has signed the contracts with Hindustan Aeronautics Limited and Larsen & Toubro Limited for procurement of 70 HTT-40 Basic Trainer Aircraft and three Cadet Training Ships.
• The contract was signed in the presence of Defence Minister Rajnath Singh in New Delhi.
  Recently the government had approved the procurement of 70 HTT-40 trainer aircraft from HAL at a cost of over six thousand 800 crore rupees.
• The government had also signed a contract with L&T for acquisition of three Cadet Training Ships worth more than three thousand 100 crore rupees.
• HTT-40 Trainer Aircraft will meet the shortage of basic trainer aircraft of the Indian Air Force for training of newly-inducted pilots.
• The aircraft will be supplied over a period of six years.
• Cadet Training Ships will cater to the training of navy officer cadets.
• The ships will be indigenously designed, developed and constructed at L&T shipyard in Kattupalli, Chennai.
• The project will generate an employment of 22.5 lakh man-days over a period of four-and-half years.

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12. India-France joint military exercise FRINJEX-23 began in __________?
A) Kerala
B) Vizg
C) TamilNadu
D) Maharastra
E) None of these
Answer: A) Kerala

• The first ever joint military exercise between the Indian and French Army, FRINJEX-23, begins at Pangode Military Station,Thiruvananthapuram in Kerala.
• This exercise is focused on Humanitarian Assistance and Disaster Relief.
• The Joint exercise will further strengthened defence cooperation with France which is a key aspect of the overall Indo-France strategic partnership.
• AIR correspondent reports, the commander of the Pangode military base inaugurated the joint military exercise.
• It is for the first time French and Indian Army are engaging in this format with each contingent comprising a Company Group.
• The exercise is aimed at enhancing inter-operability, coordination and cooperation between both forces at tactical level.

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13. Who successfully tested Medium Range Surface-to-Air Missile from INS Visakhapatnam?
A) Indian Navy
B) Indian Airfoce
C) Indian Army
D) All of these
E) None of these
Answer: A) Indian Navy

• Indian Navy has successfully undertaken Medium Range Surface to Air Missile (MRSAM) firing from INS Visakhapatnam validating capability to engage Anti Ship Missiles.
• The MRSAM was jointly developed by Defence Research and Development Organisation (DRDO) and Israeli Aerospace Industries at Bharat Dynamics Limited.
• In a tweet, it reflects its commitment to Aatmamirbhar Bharat.

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International Affairs – Daily Current Affairs March 07

14. Who co-chaired a virtual meeting of IRIGC-TEC with Deputy PM of Russia Mr. Denis Manturov?
A) Rajnath Singh
B) Amit Shah
C) S. Jaishankar
D) Nitin Jairam Gadkari
E) None of these
Answer: C) S. Jaishankar

• External Affairs Minister Dr. S. Jaishankar co-chaired a virtual meeting of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC) with Deputy Prime Minister of Russia Mr. Denis Manturov.
• The External Affairs Ministry said, both the leaders reviewed the progress achieved under the IRIGC-TEC framework.
• They gave guidance to prepare ground for the next meeting of IRIGC-TEC which will be held in New Delhi.
• The two sides agreed to work together to unlock the full potential of India-Russia bilateral trade and economic relations including addressing the trade deficit and market access issues.

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National Affairs – Daily Current Affairs March 07

15. Ministry of Civil Aviation organised which edition of Chintan Shivir in New Delhi?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: B) 2nd

• The Ministry of Civil Aviation organised the Second Chintan Shivir in New Delhi.
• Civil Aviation Minister Jyotiraditya M. Scindia and Minister of State General (Retd.) Dr V.K. Singh, officers of the Ministry and its attached or subordinate offices, autonomous bodies, PSUs and stakeholders of the sector attended this Shivir.
• Mr Scindia said that such platforms provide an opportunity to all to know each other.
• He said that the Ministry should work as a family and such efforts provide a congenial environment to build relationships among the various stakeholders.
• In his address, Dr V.K. Singh also emphasised on the importance of team building and communication skills.
• He said that team building required effort from top to bottom and bottom to top.

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16. Who addressed inaugural session of Regional Conference on Good Governance-Innovation in Bhopal?
A) Rajnath Singh
B) Amit Shah
C) S. Jaishankar
D) Jitendra Singh
E) None of these
Answer: D) Jitendra Singh

• Union Minister of State for Personnel, Public Grievances and Pension, Dr. Jitendra Singh said that under the leadership of Prime Minister Narendra Modi, the topmost priority of our government is to reach the last man of the society and redress his problems through e-governance by making maximum use of technology.
• Dr. Jitendra Singh was addressing the inaugural session of the Regional Conference on Good Governance-Innovation in Bhopal.
• He noted that the Government had taken numerous measures to promote good governance and improve the standard of living for the general populace, such as eliminating the requirement for gazetted officers to certify their employment, giving everyone an equal chance to apply for positions by doing away with interviews, and repealing outdated laws.

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