Daily Current Affairs March 31

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 31. 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.

TO PURCHASE OUR BANKING AWARENESS (2021 Edition) – CLICK HERE

March 31| Daily Current Affairs 2023

Sports – Daily Current Affairs March 31

1. Who signed MoU with Rajasthan Cricket Association to set up International Cricket Stadium in Jaipur?
A) HZL
B) KIK
C) TATA
D) Jio
E) None of these
Answer: A) HZL

  • Taking a major leap forward towards speeding up the construction of the new cricket stadium in Jaipur, Rajasthan Cricket Association (RCA) signed an MoU with Vedanta’s Hindustan Zinc Limited (HZL) signed an MoU for the development of the world’s third-largest cricket stadium in the village of Chonp in Jaipur.
  • V Vedanta’s HZL will spend Rs 300 crore on the stadium, one of the largest corporate investments in India’s sports infrastructure. The stadium would be named as “Anil Agarwal International Cricket Stadium, Jaipur.
  • The stadium facilities will be spread across 100 acres and have a seating capacity of over 75,000.
  • Only Ahmedabad’s Narendra Modi Stadium and Melbourne Cricket Ground have been seating capacity them this stadium.
  • In terms of the size of the playing field area, this stadium would be largest in the world.
  • On this occasion, the Assembly speaker and Chief Patron CP Joshi expressed happiness at the generous offer from HZL and the signing of the MOU.

Banking and Finance – Daily Current Affairs March 31

2. Which bank launched ‘digiPortfolio’ for seamless investment portfolio management?
A) DBS Bank
B) Axis Bank
C) HDFC Bank
D) ICICI Bank
E) None of these
Answer: A) DBS Bank

  • DBS Bank India has announced an innovative investment solution, ‘digiPortfolio’, on its digibank platform.
  • digiPortfolio uses both technology and human expertise to create a set of investment options curated by Morningstar that match the risk preferences of different investors.
  • DBS is one of the first banks in India to offer this type of digital solution platform, an easy, one-stop solution for users to invest money with ready-made baskets of mutual funds.
  • DBS Bank aims to redefine the customer experience and make it more seamless by using data, AI, and advanced technologies.
  • The offering includes different types of investment options, such as domestic equity, debt, and money market instruments, to ensure there are diverse portfolios to cater to different risk profiles of investors.
  • The digiPortfolio platform is run by Quantifeed and is automated, making it easy to use.

3. Who & India Post Payments Bank launched WhatsApp Banking Services?
A) Airtel
B) Jio
C) BSNL
D) Vodafone
E) None of these
Answer: A) Airtel

  • Bharti Airtel (“Airtel”), a leading telecommunications service provider in India and India Post Payments Bank (IPPB) announced the launch of WhatsApp Banking Services for IPPB customers, enabling them to access banking services on their mobile phone.
  • The WhatsApp messaging solution will be delivered to customers through Airtel IQ – a cloud communications platform as a service that enables brands to engage with their customers across voice, SMS and WhatsApp channels.
  • Airtel is the first telecom company in the world that serves as a Business Service Provider (BSP) for WhatsApp.
  • Airtel will enable IPPB customers to seamlessly connect with the bank on WhatsApp and effortlessly avail a host of banking services including –doorstep service request, locating nearest Post Office and much more.
  • In line with the Govt.’s ambition to bring digital and financial inclusion to citizens of India in their language, the Airtel – IPPB WhatsApp Banking solution is also working on to build multi-language support, enabling added convenience to customers especially to those in the rural parts of the country to access banking services in their preferred language.

4. Who entered into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti Networks?
A) Zee
B) Jio cinemas
C) Star Ports
D) All of these
E) None of these
Answer: A) Zee

  • Zee Entertainment Enterprises Ltd (ZEEL) said it has entered into a one-time settlement agreement with Standard Chartered Bank for the loan taken by Siti Networks, a part of the Essel Group.
  • The bank had sanctioned certain credit facilities to Siti Networks, which was inter-alia secured by DSRA (Debt Service Reserve Account) support and undertaking from ZEEL.
  • “Since the Borrower has defaulted in its debt repayment obligations to the Bank, the Company has entered into a one-time settlement agreement with the Bank in respect of DSRA Claims/Undertaking in the interest of amicably resolving the issues between the parties,”.

Business and Economy – Daily Current Affairs March 31

5. India unveiled ‘dynamic’ foreign trade policy, eyes USD 2 trillion exports by ________?
A) 2025
B) 2030
C) 2035
D) 2040
E) None of these
Answer: B) 2030

  • India came out with a ‘dynamic and responsive’ foreign trade policy with the objective of raising the country’s outward shipments to USD 2 trillion by 2030, making Indian Rupee a global currency and incentivising e-commerce exports.
  • The approach of Foreign Trade Policy (FTP) 2023 is to move from ‘incentive to remission’ based regime; encourage collaboration between exporters, states, districts and Indian Missions; reduce transaction cost; and develop more export hubs.
  • India is likely to cross USD 765 billion merchandise and services exports in financial year 2022-23 which ends.
  • The total exports were USD 676 billion in previous fiscal year.
  • Unlike the practice of 5-year FTPs, this time the government has come out with a dynamic and responsive trade policy without any end date, and will be updated as per the emerging global scenario.

6. Va Tech Wabag bagged ____crore order from Chennai Metro Water to build desalination plant?
A) ₹2,200 crore
B) ₹3,300 crore
C) ₹4,400 crore
D) ₹5,500 crore
E) None of these
Answer: C) ₹4,400 crore

  • Va Tech Wabag, a water technology company, has bagged a design, build, operate (DBO) order from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for building 400 million litres per day (MLD) sea water reverse osmosis (SWRO) desalination plant at a total cost of about ₹4,400 crore.
  • The project has been funded by Japan International Cooperation Agency (JICA) and seeks to improve Chennai’s water security through a stable source of drinking water in the form of desalination.
  • The project will be executed by WABAG in a joint venture with Metito Overseas Ltd. Once completed, the project will be the largest desalination plant in the South East Asian Region.

Appointments – Daily Current Affairs March 31

7. Tata Power re-appointed whom as CEO, MD?
A) T S Sivagnanam
B) Sumil Vikamsey
C) Praveer Sinha
D) Niranjan Gupta
E) None of these
Answer: C) Praveer Sinha

  • Tata Power said it has re-appointed Praveer Sinha as the company’s Chief Executive Officer (CEO) and Managing Director.
  • His re-appointment to the top post is for a period of four years from May 1, 2023, to April 30, 2027, subject to the approval of the members of the company, Tata Power said in a regulatory filing.
  • ”Based on the recommendation of the Nomination and Remuneration Committee, the Board, at its meeting held on March 30, 2023, approved the re-appointment of Praveer Sinha as the CEO & MD of the company,”.

8. Hero MotoCorp’s Board appointed whom as new CEO?
A) T S Sivagnanam
B) Sumil Vikamsey
C) Lalit Kumar Gupta
D) Niranjan Gupta
E) None of these
Answer: D) Niranjan Gupta

  • The Board of Hero MotoCorp appointed Niranjan Gupta as the new Chief Executive Officer (CEO) of the company, effective May 1, elevating him from his current position of Chief Financial Officer (CFO), Head — Strategy and M&A.
  • Pawan Munjal will continue as the Executive Chairman and Whole-time Director on the Board.

Science and Technology – Daily Current Affairs March 31

9. Which airport get DigiYatra, check-in with facial recognition tech?
A) Kolkata
B) Chennai
C) Mumbai
D) Goa
E) None of these
Answer: A) Kolkata

  • Passengers travelling through the Kolkata airport will now be able to check in for their flights and board planes with facial recognition technology as DigiYatra was rolled out.
  • Netaji Subhash Chandra Bose International Airport is the fourth one in the country after airports in Delhi, Bengaluru and Varanasi have the facility that provides a seamless entry and embarkation process for air passengers.
  • ‘DigiYatra’ was rolled out in those three airports in the first phase in December last year.
  • Its main objective is to enhance passenger experience by eliminating the need for verification of ticket and ID at multiple touch points and to achieve better movement of passengers through existing infrastructure using a digital framework.

10. Who will head NASA’s newly-established Moon to Mars Programme?
A) Rajib K Mishra
B) Sumil Vikamsey
C) Lalit Kumar Gupta
D) Amit Kshatriya
E) None of these
Answer: D) Amit Kshatriya

  • Amit Kshatriya, a decorated Indian-American software and robotics engineer was appointed as the first head of NASA’s newly-established Moon to Mars Programme that will help the agency ensure a long-term lunar presence needed to prepare for humanity’s next giant leap to the Red Planet.
  • Kshatriya will serve as NASA’s first head of the office, with immediate effect, the agency announced.
  • The new office aims to carry out the agency’s human exploration activities on the Moon and Mars for the benefit of humanity.
  • “The golden age of exploration is happening right now, and this new office will help ensure that NASA successfully establishes a long-term lunar presence needed to prepare for humanity’s next giant leap to the Red Planet,”.
Titbits

National Aeronautics and Space Administration:

Formed : July 29, 1958
Headquarters : Washington, D.C
Motto : “Exploring the secrets of the universe for the benefit of all”


Defence – Daily Current Affairs March 31

11. Who won 13th All India Police Commando Competition?
A) ITBP
B) SSB
C) CRPF
D) BSF
E) None of these
Answer: A) ITBP

  • The Indo-Tibetan Border Police (ITBP) has won the 13th edition of the All India Police Commando Competition (AIPCC) 2023 organized by the National Security Guard (NSG).
  • A total of 24 top commando teams from the Central Armed Police Forces and State Police Forces participated in the competition that started on March 21.
  • The elite mountain-trained Force won the competition for the first time in the 11-day competition that was inaugurated on March 21 and terminated.
  • The prestigious competition is one of the toughest professional competitions amongst the police forces of the nation.

International Affairs – Daily Current Affairs March 31

12. Which country joined BRICS’s New Development Bank?
A) Egypt
B) Namibia
C) Algeria
D) Libya
E) None of these
Answer: A) Egypt

  • Egyptian President Abdel-Fattah al-Sisi issued a presidential decree that allows the most populous Arab country to join the New Development Bank (NDB), the official news agency MENA reported.
  • Headquartered in Shanghai, the NDB was established by the BRICS economic group which includes Brazil, Russia, India, China, and South Africa to enhance cooperation in infrastructure and sustainable development.
  • The NDB in December 2021 announced that it would add Egypt as its new member.
  • The Egyptian president took part in the 2017 and 2022 BRICS summits.
  • In July last year, the president of the BRICS International Forum Purnima Anand announced that Egypt, Saudi Arabia, and Türkiye have submitted bids for joining the BRICS group.
Titbits

Egypt:

Capital : Cairo
Currency : Egyptian pound
President : Abdel Fattah el-Sisi
Language : Egyptian Arabic


National Affairs – Daily Current Affairs March 31

13. Which state became first to complete computerisation of Multipurpose Primary Agricultural Credit Cooperative Societies?
A) Karnataka
B) Uttarakhand
C) Gujarat
D) Rajasthan
E) None of these
Answer: B) Uttarakhand

  • In a first-of-its-kind achievement in India, the work of computerisation of all the 670 Multipurpose Primary Agricultural Credit Cooperative Societies (MPACS) of Uttarakhand completed, with Union Home Minister Amit Shah inaugurating the project started by Prime Minister Narendra Modi in 2021.
  • Addressing the event, Shah said, “Under the leadership of Prime Minister Narendra Modi, on October 30, 2021, for the first time in the country, the work of computerization of PACS started in Uttarakhand and today computerization of all the 670 PACS of the state has been completed.”
  • The minister said many facilities, including 307 District Cooperative Banks, have also been computerised.
  • By completing the computerisation of 307 cooperative bank branches and 670 MPACS, the Uttarakhand government achieved first place in the cooperative sector in the country, stated Shah.

14. Who launched three new resources aimed at fostering innovation and creativity among youth?
A) AIM
B) NCW
C) NITI Ayog
D) All of these
E) None of these
Answer: A) AIM

  • Atal Innovation Mission (AIM) has launched three new resources aimed at fostering innovation and creativity among the country’s youth.
  • AIM Mission Director Dr. Chintan Vaishnav said, the Innovation Mission is excited to launch these new resources, which are aligned with the government’s vision of creating a self-reliant India.
  • He said, these initiatives will go a long way in empowering the country’s young minds with the necessary skills to become tomorrow’s innovators and change-makers.
  • NITI Aayog said the curriculum has been developed in collaboration with Makerghat.
  • It covers a wide range of concepts from basic electronics and mechanics to cutting-edge technologies like 3D printing and Internet of Things.

15. Which edition of Tourism Working Group Meeting at Siliguri will be attended by more than 130 participants?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: B) 2nd

  • Shri Harsh Vardhan Shingla, Chief Coordinator, G20 India and Shri Arvind Singh, Secretary Tourism, Government of India jointly addressed a Press Conference at Darjeeling as a run up to the upcoming 2nd Tourism Working Group Meeting to be held at Siliguri.
  • During the Press Conference, Shri Harsh Vardhan Shingla, Chief Coordinator, G20 India stated that the organization of the important G20 Tourism Working Group Meeting at Siliguri would go a long way in contributing to positioning of the destination as a tourism and MICE destination.
  • Shri Shringla added that many of the most influential and large economies of the world is going to participate in the 2nd G-20 Tourism Working Group Meeting starting from April 1 in Siliguri.
  • The delegates from the G-20 member countries will get the opportunity to discuss the ways of reviving tourism sector which got affected due to the Covid pandemic, in this three-day meet.
  • He also pointed out that India; especially the North Eastern part of the country will get a big opportunity to showcase the rich cultural heritage and tourism potentials dominated in the region.
  • 10 ambassadors from the G-20 Nations who will be visiting the region will also get the opportunity to discuss with the local stakeholders about the potentials of the region, said Shri Shringla.


Over All Review

Sports

  • HZL signs MoU with Rajasthan Cricket Association to set up International Cricket Stadium in Jaipur.

Banking and Finance 

  • DBS Bank launches ‘digiPortfolio’ for seamless investment portfolio management.
  • Airtel & India Post Payments Bank launch WhatsApp Banking Services.
  • Zee enters into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti Networks.

Business And Economy

  • India unveils ‘dynamic’ foreign trade policy, eyes USD 2 trillion exports by 2030.
  • Va Tech Wabag bags ₹4,400-crore order from Chennai Metro Water to build desalination plant.

Appointments

  • Tata Power re-appoints Praveer Sinha as CEO, MD.
  • Hero MotoCorp’s Board appoints Niranjan Gupta as new CEO.

Science and Technology

  • Kolkata airport gets DigiYatra, check-in with facial recognition tech.
  • Indian-origin software and robotics engineer to head NASA’s newly-established Moon to Mars Programme.

Defence

  • ITBP wins 13th All India Police Commando Competition.

International Affairs

  • Egypt joins BRICS’s New Development Bank.

National Affairs

  • Uttarakhand becomes first state to complete computerisation of Multipurpose Primary Agricultural Credit Cooperative Societies.
  • AIM launches three new resources aimed at fostering innovation and creativity among youth.
  • The 2nd Tourism Working Group Meeting at Siliguri to be attended by more than 130 participants.

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs March 30

Our Products

  • Current Affairs Package ( 1 Year Validity ) – Click Here

  • All in One – 1 Year Subscription – Click Here

  • Banking Awareness Video Course – Click Here

  • Insurance Awareness Video Course – Click Here