Daily Current Affairs March 17

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March 17| Daily Current Affairs 2023

Important Days – Daily Current Affairs March 17

1. World Sleep Day 2023 observed on__________?
A) 14 MARCH
B) 17 MARCH
C) 16 MARCH
D) 15 MARCH
E) None of these
Answer: B) 17 MARCH

• DAY : World Sleep Day 2023
• DATE : MARCH 17
• OTHERS : World Sleep Day is observed to raise awareness of the human right to sleep, which is frequently compromised by modern lifestyle habits. The day is observed every year on the Friday preceding the Spring Vernal Equinox.

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Banking and Finance – Daily Current Affairs March 17

2. Which bank and WDRA inked MoU to facilitate finance against negotiable warehouse receipt?
A) Bank of Baroda
B) Axis Bank
C) PNB
D) IOB
E) None of these
Answer: C) PNB

• Warehousing Development Regulatory Authority (WDRA) has signed an MoU with PNB to facilitate loans to farmers and traders against negotiable warehouse receipts.
• The Memorandum of Understanding (MoU) was exchanged in the presence of T K Manoj Kumar, Chairperson, WDRA; Mukesh Kumar Jain, Member, WDRA; Atul Kumar Goel, MD & CEO, PNB; Sunil kumar Chug, CGM, PNB and other senior officers of WDRA and PNB.
  The MoU was signed to promote awareness about finance against e-NWRs (electronic Negotiable Warehouse Receipt) with features such as no additional collateral and attractive interest rates.
• The MoU is aimed at providing information to depositors of the benefits, besides doing further outreach activities to improve agricultural pledge finance in India.

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3. Which bank enabled UPI LITE for faster and seamless transactions for its customers?
A) Bank of Baroda
B) Axis Bank
C) PNB
D) IOB
E) None of these
Answer: B) Axis Bank

• Axis Bank launched UPI LITE, a new feature which will enable customers to make instant payments with just one tap for small value transactions up to Rs 200 without using a UPI PIN.
• Customers can manage their LITE Account in the UPI App where they can view available balances, transaction history and do top-ups, according to a media statement here.
• UPI LITE solution was launched by National Payments Corporation of India in September 2022 and Axis Bank has been one of the early adopters of this innovation.
• To avail Axis Bank UPI LITE, the customers would need to enable UPI LITE for Axis Bank in their UPI Apps.

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4. Which bank launched co-branded debit card for TN CM’s Pudhumai Penn scheme?
A) Bank of Baroda
B) Axis Bank
C) PNB
D) IOB
E) None of these
Answer: A) Bank of Baroda

• Bank of Baroda launched co-brandedRuPay Platinum Debit Card in Tamil Nadu exclusively for the ChiefMinister’s pioneering ‘Pudhumai Penn scheme’ account holders.
• The bank has tied up with the Tamil Nadu government in this regard.
• T. Udhayachandran, , Principal Secretary to the Government, launchedthe card in the presence of A.Saravanakumar, General Manager & ZonalHead – Chennai, Bank of Baroda, and other officials of the bank.
• The bank has specially customised the co-branded Platinum Debit Cardthat has been approved by the State Government and will be offered toall eligible bank account holders in Tamil Nadu under the “Pudhumai Penn scheme”.
• The card offers personal accident insurance coverage up to Rs 2 lakh perannum.
• Further, the joining fees and the annual fees for the first yearhave been waived.
• Some of the other value-added features of the Card include attractiveoffers on popular shopping brands, apparel, food, travel etc,

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Appointments – Daily Current Affairs March 17

5. Who named ICICI Pru Life MD & CEO?
A) Anup Bagchi
B) Ram Chandra Paudel
C) K. Krithivasan
D) Tablesh Pandey
E) None of these
Answer: A) Anup Bagchi

• ICICI Prudential Life Insurance named ICICI Bank veteran Anup Bagchi as its MD & CEO with effect from June 19.
• Bagchi will take over as the chief executive of ICICI Prudential Life from N S Kannan, who will superannuate on June 18, 2023.

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6. FSIB recommended whom as MD of UCO Bank?
A) Ashwani Kumar
B) Ram Chandra Paudel
C) K. Krithivasan
D) Tablesh Pandey
E) None of these
Answer: A) Ashwani Kumar

• FSIB, the headhunter for directors of state-owned banks and financial institutions, recommended the name of Indian Bank executive director Ashwani Kumar for the post of managing director of UCO Bank.
• Prior to joining Indian Bank, Kumar was serving as chief general manager of Mumbai Zone of Punjab National Bank (PNB).
• The Financial Services Institutions Bureau (FSIB) interviewed 11 candidates from various public sector banks (PSBs) for the forthcoming positions of MD & CEO in PSBs.

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7. Former test cricket captain Tim Paine retired and he belongs to___________?
A) Sri Lanka
B) Australia
C) South Africa
D) Pakistan
E) None of these
Answer: B) Australia

• Former Australia test cricket captain Tim Paine has announced his retirement following the conclusion of Tasmania’s Sheffield Shield first-class match against Queensland.
• Wicketkeeper Paine captained Australia in 23 tests between early 2018 and 2021, playing 35 tests overall.
• He became Australia’s 46th test skipper after Steve Smith had his captaincy stripped in the wake of the ball-tampering scandal on Australia’s 2018 tour of South Africa.

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Science and Technology – Daily Current Affairs March 17

8. CII launched centre of excellence for innovation, entrepreneurship, startups in __________?
A) Chennai
B) Pune
C) Mumbai
D) Hyderabad
E) None of these
Answer: D) Hyderabad

• The Confederation of Indian Industry (CII) launched a Centre of Excellence (CoE) for Innovation, Entrepreneurship and Startups’ (CII CIES) at T-Hub (an innovation ecosystem) in Hyderabad.
• The centre launched in partnership with Telangana government and Pratiksha Trust was inaugurated by Telangana Information Technology Principal Secretary Jayesh Ranjan with Infosys co-founder and Axilor Ventures chairman Kris Gopalakrishnan and other senior industry leaders.
• The CII CIES is an industry-led initiative that works to increase the odds of entrepreneurial success in India by using its reach and resources to bridge critical gaps such as capacity, resources and linkages, through targeted programmes and interventions.

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9. Who inaugurated Truecaller’s largest office in India?
A) Narendra Singh Tomar
B) Anurag Singh Thakur
C) Narendra Modi
D) Rajeev Chandrasekhar
E) None of these
Answer: D) Rajeev Chandrasekhar

• Union Minister of State for Skill Development and Entrepreneurship and Electronics and Information Technology Rajeev Chandrasekhar virtually inaugurated Trucaller’s first exclusive office space outside Sweden, in Bengaluru.
• Since the entry of the global caller ID platform in the country a decade ago, Truecaller said it has today grown to 338 million monthly active users, of which about 246 million from India.
• Crucial to its growth and innovation capabilities, the company said India presents unique opportunities to launch new products and services on the Truecaller platform and obtain feedback to improve solutions further.

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Defence – Daily Current Affairs March 17

10. Who presented President’s colour to INS Dronacharya?
A) Narendra Singh Tomar
B) Droupadi Murmu
C) Narendra Modi
D) Rajnath Singh
E) None of these
Answer: B) Droupadi Murmu

• President Droupadi Murmu presented the President’s Colour to INS Dronacharya in Kerala’s Kochi.
• Speaking on the occasion, the President said that the maritime strength remains critical to India’s strategic, military, economic and commercial interests.
• “For a nation like India, the fifth largest economy in the world, with a long coastline, island territories and substantial seafaring population, having a strong and modern Navy is of very high importance,” she said.
• President Murmu said that for the last 75 years, a combat-ready, multi-dimensional and versatile Indian Navy has not only deterred our adversaries and safeguarded our maritime interests, but also enabled the creation of a peaceful periphery to facilitate socio-economic growth.

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11. India approved capital acquisition of military hardware worth how many crore?
A) Rs 60,584 crore
B) Rs 70,584 crore
C) Rs 80,584 crore
D) Rs 50,584 crore
E) None of these
Answer: B) Rs 70,584 crore

• India approved capital acquisition of a plethora of indigenously-developed military hardware including indigenous BrahMos missiles, marine diesel engine, artillery gun system, electronic warfare suits and utility helicopters at a cost of Rs 70,584 crore as part of a mega procurement plan.
• Out of the total acquisition plan, the Indian Navy’s proposals constitute more than Rs 56,000 crore, which largely included Shakti Electronic Warfare (EW) systems, maritime helicopters and other key equipment.
• All the platforms and weapons systems are being procured from domestic sources.
• The other key military hardware which are being procured included long range stand-off weapon (LRSOW), K-9 Vajra-T gun system, 155mm/52 caliber advanced towed artillery gun system (ATAGS) and gun towing vehicles (GTVs) for the Indian Army.

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International Affairs – Daily Current Affairs March 17

12. Who and Hasina will jointly inaugurate India-Bangladesh Friendship Pipeline?
A) Narendra Singh Tomar
B) Anurag Singh Thakur
C) Narendra Modi
D) Rajnath Singh
E) None of these
Answer: C) Narendra Modi

• Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina will inaugurate the India-Bangladesh Friendship Pipeline via video-conferencing.
• This is the first cross border energy pipeline between India and Bangladesh, built at an estimated cost of Rs 377 crore, of which the Bangladesh portion of the pipeline built at a cost of approximately Rs 285 crore, has been borne by the Indian government under grant assistance.
• Prime Minister Modi and his Bangladeshi counterpart will inaugurate the India-Bangladesh Friendship Pipeline on March 18, 2023 at 1700 Hrs (IST) via video-conferencing.

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13. Khattar launched financial aid scheme for people having annual income __________?
A) more than Rs 1.80 lakh
B) less than Rs 1.80 lakh
C) less than Rs 2.60 lakh
D) more than Rs 2.60 lakh
E) None of these
Answer: B) less than Rs 1.80 lakh

• Haryana Chief Minister Manohar Lal Khattar launched a scheme which aims to provide financial aid in case of death or permanent disability of a member of a family having an annual income less than Rs 1.80 lakh.
• The scheme is named Deen Dayal Upadhyaya Antyodaya Parivar Suraksha Yojana.
• It aims to provide financial assistance in case of death –natural or accidental or permanent disability — of a member of a family having an annual income less than Rs 1.80 lakh as verified in the Parivar Pehchan Patra or Family Information Data Repository (FIDR) database.

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National Affairs – Daily Current Affairs March 17

14. Which ministry and MoRD signed MoU for skilling rural youth and empowering women?
A) Ayush
B) Sports
C) Defence
D) Agriculture
E) None of these
Answer: A) Ayush

• Ministry of Ayush and the Ministry of Rural Development signed a Memorandum of Understanding to collaborate in developing skilled personnel by imparting training to rural poor youth and women’s for the Ayush healthcare system under Deen Dayal Upadhyaya-Grameen Kaushalya Yojana (DDU-GKY). “Apart from this a course for training rural youth as panchakarma technicians/assistants will be started on a pilot basis,”.
• The MoU, valid for three years, was signed in the presence of Union Minister of Ayush, Sarbananda Sonowal and Union Minister of Panchayati Raj and Rural Development Giriraj Singh, Minister of State for Ayush Dr Munjpara Mahendrabhai by Dr Manoj Nesari, Advisor (Ayurveda), Ministry of Ayush and Shri Karma Zimpa Bhutia, Joint Secretary, (Rural Skills), Ministry of Rural Development.

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15. Ayush Minister Shri Sarbananda Sonowal inaugurated which edition of Convocation of Rashtriya Ayurveda Vidyapeeth?
A) 25th
B) 26th
C) 27th
D) 28th
E) None of these
Answer: B) 26th

• Union Minister for Ayush Shri Sarbananda Sonowal inaugurated the 26th Convocation of Rashtriya Ayurveda Vidyapeeth (RAV) and 28th National Seminar on topic Usage of Trina Dhanya (Millets) in contemporary lifestyle at New Delhi.
• Minister advocated young Vaidyas to prepare themselves to bring the traditional medicine and knowledge on the world map and take India to a new height and help the mankind.
• Minister of Ayush was accompanied by Chief Minister of Goa, Dr. Pramod Sawant, Minister of State for Ayush, Dr. Munjpara Mahendrabhai, Vaidya Devinder Triguna, President (Governing body), RAV, Vaidya Rajesh Kotecha, secretary, MoA, Shri P. K Pathak, Special Secretary, MoA, Dr. Tanuja Nesari, Director, AIIA, New Delhi, Vaidya Manoj Nesari, Adviser (Ay), MoA, RAV Director Vaidya Kousthubha Upadhyaya and other dignitaries.

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16. Two day SCO Tourism Ministers’ meeting began at Varanasi in __________?
A) New Delhi
B) Uttar Pradesh
C) Gujarat
D) Rajasthan
E) None of these
Answer: B) Uttar Pradesh

• The two-day Shanghai Cooperation Organisation (SCO) Tourism Ministers’ Meeting has begun in Varanasi.
• The Joint Action Plan on the Development of Cooperation in Tourism would be adopted during the meeting.
• The Joint Action Plan will include actions relating to the promotion of the SCO tourism brand, the promotion of the cultural heritage of the SCO Member States, sharing and exchange of information and digital technology in tourism, and the promotion of mutual cooperation in medical and health tourism.
• Varanasi has been designated as the first cultural capital of the SCO. India is the current chair of the Shanghai Cooperation Organisation (SCO).
• The eight-member countries of SCO represent around 42 percent of the world population and 25 percent of the global GDP.

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