Daily Current Affairs March 10

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March 10 | Daily Current Affairs 2024

Important Days – Daily Current Affairs March 10

1. When was the International Day of Women Judges first observed?
A) March 10, 2020
B) March 10, 2021
C) March 10, 2022
D) March 10, 2023
E) March 10, 2024
Answer: C) March 10, 2022

Event and Location:

• Event: International Day of Women Judges 2025.
• Date: March 10, 2025.
• Location: Global Observation.
• Declared by: United Nations General Assembly (UNGA).
• Resolution: UNGA Resolution 75/274, adopted on April 28, 2021.

History:

• First observed on March 10, 2022 to recognize the contributions of women in the judiciary.
• Inspired by discussions at a UNODC conference in Doha (Feb 24-27, 2020), which highlighted workplace harassment and gender bias in the legal profession.

Significance:

• Encourages gender diversity in judicial decision-making.
• Strengthens legitimacy and fairness in legal institutions.
• Promotes women’s leadership in the judiciary.

Women Judges in India:

• Anna Chandy: First female High Court judge (1937).
• Justice Fathima Beevi: First female Supreme Court judge (1989).

Current Representation of Women Judges in India (2024 Data):

• 14% of sitting High Court judges are women.
• Only 2 women Chief Justices across all High Courts.
• 106 out of 754 High Court judges are women.
• Gradual increase in women’s representation:
  • 2021 & 2022: 11%
  • June 2023: 13%
  • August 2024: 14%

Challenges:

• Slow growth in women’s representation in the higher judiciary.
• Limited leadership roles for women in the judiciary.
• Gender biases and workplace challenges in the legal profession.

Important Terms Explained:

• United Nations General Assembly (UNGA): The main deliberative body of the UN, responsible for adopting international resolutions.
• UNODC (United Nations Office on Drugs and Crime): A global organization that works to combat corruption, crime, and gender inequality in legal systems.
• Resolution 75/274: The UN resolution adopted on April 28, 2021, declaring March 10 as the International Day of Women Judges.

Tabular Summary:

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Sports – Daily Current Affairs March 10

2. Which tournament qualification is India targeting with Sunil Chhetri’s return?
A) FIFA World Cup 2026
B) AFC Asian Cup 2027
C) SAFF Championship 2025
D) UEFA Champions League
E) Copa América
Answer: B) AFC Asian Cup 2027

Event and Location:

• Event: Sunil Chhetri returns to the Indian national football team at 40.
• Date: March 10, 2025.
• Location: India.

Reason for Return:

• India’s Qualification Target: 2027 AFC Asian Cup.
• Coach Manolo Marquez’s Influence: Convinced Chhetri to return for key matches.
• Upcoming Matches: India vs. Maldives (March 19) and India vs. Bangladesh (March 25).

Sunil Chhetri’s Career Highlights:

• International Debut: Against Pakistan in 2005, scoring India’s only goal.
• Most-Capped Indian Player: Over 140 international appearances.
• Fourth-Highest International Goal Scorer (Men’s): Over 90 goals, alongside Cristiano Ronaldo, Lionel Messi, and Ali Daei.

Club Career:

• Played for Kansas City Wizards (USA) and Sporting CP B (Portugal).
• Spent most of his career with Bengaluru FC (India).
• Nearly joined Queens Park Rangers (England) in 2009, but was denied a work permit.

Challenges for Indian Football:

• Football struggles in cricket-dominated India.
• Sepp Blatter (Former FIFA President) called India a “sleeping giant” of football.
• Limited participation in major global tournaments.

Important Terms Explained:

• AFC Asian Cup: The premier international football tournament in Asia, organized by the Asian Football Confederation (AFC).
• FIFA (Fédération Internationale de Football Association): The governing body of international football.
• Manolo Marquez: Head coach of the Indian national football team.

Tabular Summary:

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3. Which IPL franchise had signed Harry Brook for the 2025 season before his withdrawal?
A) Sunrisers Hyderabad
B) Rajasthan Royals
C) Delhi Capitals
D) Mumbai Indians
E) Chennai Super Kings
Answer: C) Delhi Capitals

Event and Location:

• Event: Harry Brook withdraws from IPL 2025, faces possible two-year ban.
• Date: March 10, 2025.
• Location: India.

Franchise Affected:

• Delhi Capitals (DC) – Signed Brook for ₹6.25 crores in the 2024 IPL auction.

Official Communication:

• England and Wales Cricket Board (ECB) informed BCCI last week.
• BCCI relayed the decision to Delhi Capitals.

Reasons Speculated for Brook’s Withdrawal:

1. England Captaincy Aspirations:
   • Possible successor to Jos Buttler as England’s white-ball captain.
2. Workload Management:
   • All-format player for England, balancing international commitments.
3. Personal Reasons:
   • Missed IPL 2024 after his grandmother’s demise.

IPL’s Two-Year Ban Rule:

• Players withdrawing after being auctioned may be banned for two IPL seasons (2026 & 2027).
• Exception: Only injury/medical reasons confirmed by the home board.

Brook’s IPL Career:

• 2023 (Sunrisers Hyderabad):
  • Matches Played: 11
  • Runs Scored: 190
  • Average: 22.11
  • Highlight: Scored a century vs KKR.
• 2024 (Delhi Capitals): Withdrew before playing.
• 2025 (Delhi Capitals): Withdrawn again.

Impact on Delhi Capitals:

• Replacement Required: DC must find an alternative overseas batter.
• Captaincy Uncertainty: No official captain announced for IPL 2025.

IPL 2025 Start Date:

• March 24, 2025 – Delhi Capitals vs Lucknow Super Giants (LSG).

Important Terms Explained:

• Workload Management: Strategy to balance match schedules and player fitness across formats.
• IPL Governing Council: Regulatory body for IPL that enforces rules, auctions, and bans.
• Delhi Capitals (DC): IPL franchise based in Delhi, owned by JSW Group & GMR Group.

Tabular Summary:

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Ranking – Daily Current Affairs March 10

4. Which position did Amul secure in the YouGov India Value Rankings 2025?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) 5th
Answer: C) 3rd

Event and Location:

• Event: Amul ranked as the 3rd most valued brand in India.
• Date: March 10, 2025.
• Survey Conducted By: YouGov India.

Top 3 Brands in the Ranking:

1. Amazon
2. Flipkart
3. Amul (Only FMCG brand in the top three)

Factors Behind Amul’s Success:

• Strong Cooperative Model: Supports millions of farmers and ensures fair pricing.
• Affordable & High-Quality Products: Widely accessible dairy products.
• Consumer Trust & Brand Loyalty: Deep-rooted household presence.
• Consistent Innovation & Expansion: Product diversification and market growth.

Amul’s Performance Across Consumer Segments:

• No.1 in Tier-2 cities, Top 3 in Tier-1 & Tier-3 cities.
• Ranks 3rd among male consumers and 2nd among female consumers.

Significance of the Recognition:

• Aligns with the International Year of Cooperatives (2025).
• Strengthens Amul’s leadership in the FMCG industry.
• Reinforces Amul’s position as India’s most trusted dairy brand.

Important Terms Explained:

• YouGov India Value Rankings: A survey ranking India’s most valued brands based on consumer trust, value, and loyalty.
• Cooperative Model: A business structure where producers, like farmers in Amul’s case, collectively own and manage the company.
• FMCG (Fast-Moving Consumer Goods): Products sold quickly at a relatively low cost, including food, beverages, and household goods.

Tabular Summary:

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Banking and Finance – Daily Current Affairs March 10

5. The 29th Meeting of the RBI’s Standing Advisory Committee (SAC) focused on which of the following key areas?
A) Strengthening MSME institutional credit support
B) Introducing new tax reforms for MSMEs
C) Expanding international trade policies
D) Regulating stock market investments
E) Promoting agricultural financing
Answer: A) Strengthening MSME institutional credit support

Event and Location:

• Event: RBI’s 29th Standing Advisory Committee (SAC) Meeting on MSME Credit Flow.
• Date: March 10, 2025.
• Location: Ahmedabad, Gujarat.
• Chairperson: Swaminathan J, Deputy Governor, RBI.
• Focus Areas: Enhancing MSME credit flow, digital lending, fair lending practices.

Institutional Credit Support Initiatives:

• Unified Lending Interface (ULI): Promoting seamless credit flow for MSMEs.
• Account Aggregator (AA) Framework: Facilitating secure financial data sharing.
• Regulatory Sandbox: Testing innovative financial solutions for MSME financing.

Challenges Faced by MSMEs:

• Financial Literacy Gaps: Many MSMEs struggle with understanding credit processes.
• Information Asymmetry: Inconsistent financial data affects loan approvals.
• Delayed Payments: Late payments impact MSME cash flow and growth.

Proposed Solutions for MSME Credit Issues:

• Digital Lending Platforms: Encouraging digital credit assessment models.
• Trade Receivables Discounting System (TReDS): Enabling quick invoice-based financing.
• Credit Guarantee Schemes: Reducing lender risk to boost loan approvals.
• Financially Distressed MSMEs: Promoting proactive revival and rehabilitation measures.

Fair Lending Practices:

• Transparency: Ensuring openness in loan disbursal and credit approvals.
• Empathetic Approach: Supporting distressed MSMEs through fair policies.
• MSME Associations Strengthening: Enhancing MSME capacity through information-sharing initiatives.

Important Terms Explained:

• Unified Lending Interface (ULI): A framework integrating multiple financial institutions to facilitate seamless MSME credit flow.
• Account Aggregator (AA) Framework: A system allowing secure financial data sharing between entities to improve credit evaluation.
• Regulatory Sandbox: A controlled environment for testing innovative financial products before large-scale implementation.
• Trade Receivables Discounting System (TReDS): A platform enabling MSMEs to receive early payments for their invoices.
• Credit Guarantee Schemes: Government-backed initiatives to reduce lending risks and encourage banks to provide MSME loans.

Tabular Summary:

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6. What is the primary objective of Project NAMAN?
A) Enhancing digital banking services for rural areas
B) Supporting Army veterans, their families, and next of kin
C) Providing financial aid to small businesses
D) Training civilians for military service
E) Expanding employment opportunities in banking
Answer: B) Supporting Army veterans, their families, and next of kin

Event and Location:

• Event: HDFC Bank, Indian Army, and CSC Academy expand Project NAMAN.
• Date: March 10, 2025.
• Location: India.

Initiative By:

• HDFC Bank (under its Parivartan programme)
• Directorate of Indian Army Veterans (DIAV)
• CSC Academy

Objective:

• Supporting Army veterans, their families, and next of kin with pension and financial services.
• Enhancing financial literacy and skill development for military personnel and their dependents.

MoU Renewal & Stakeholders:

• Signed by:
  • HDFC Bank: Satyen Modi, EVP & Business Head – Alternate Banking Channels
  • CSC Academy: Pravin Chandekar, CEO
  • Indian Army (DIAV): Senior Army Officials

Phase-Wise Expansion:

• First Phase (September 2023): CSCs launched at 14 DIAV locations.
• Second Phase (March 2025): Expansion to 26 DIAV locations across:
  • Rajasthan, West Bengal, Himachal Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Punjab, Jammu & Kashmir, Meghalaya, Bihar, Odisha, and New Delhi.

Key Services Provided:

• Pension assistance for Army veterans.
• Government-to-Citizen (G2C) services like Aadhaar, PAN, and other documentation support.
• Business-to-Consumer (B2C) services including banking and financial advisory.
• Financial literacy & skill development training for veterans and their families.

Financial Support:

• CSC operators receive a monthly grant for 12 months to sustain operations.

Important Terms Explained:

• Project NAMAN: A financial and welfare initiative to support Army veterans and their families with essential services.
• DIAV (Directorate of Indian Army Veterans): The official body managing welfare programs for ex-servicemen and their families.
• CSC Academy: A digital training and service center offering G2C and B2C services in rural and semi-urban areas.
• Parivartan Programme: HDFC Bank’s CSR initiative aimed at economic and social empowerment.

Tabular Summary:

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7. Which feature of Razorpay aims to reduce cart abandonment and improve conversions?
A) RAY AI Concierge
B) PayNow Integration
C) Magic Checkout
D) Agentic-AI Toolkit
E) SGQR Payment System
Answer: C) Magic Checkout

Event and Location:

• Event: Razorpay expands into Singapore to enhance digital payments.
• Date: March 10, 2025.
• Location: Singapore.

Market Expansion:

• Countries Covered: India, Malaysia, and now Singapore.
• Growth in Malaysia: 10X expansion through Curlec by Razorpay.
• Singapore’s Digital Payments Projection: To double to $180 billion by 2029.

Challenges in Singapore’s Payment Landscape:

• High Cross-Border Fees: Businesses pay 4-6% per transaction, increasing costs.
• Fragmented Payment Systems: Limited real-time payment options for SMEs.
• Need for Innovation: Singapore’s digital commerce market expected to reach $40 billion by 2028.

Razorpay’s Key Offerings in Singapore:

• Multi-Currency Transactions: Reduces international payment costs.
• Real-Time Payment Solutions: Supports PayNow, SGQR, and cross-border payment rails.
• Agentic-AI Toolkit: AI-driven financial automation and intelligence.
• RAY AI Concierge: Automates payments, payroll, and vendor transactions.
• Magic Checkout: One-click checkout to reduce cart abandonment and boost conversions.
• Fraud Detection & Automated Reconciliation: Improves security and operational efficiency.

Strategic Vision:

• Strengthen India-Singapore fintech collaboration.
• Work with banks, financial institutions, and regulators for compliance.
• Make digital payments seamless and innovation-driven.

Important Terms Explained:

• PayNow: A real-time peer-to-peer payment system in Singapore for fast transactions.
• SGQR (Singapore Quick Response Code): A unified QR code for digital payments across multiple platforms.
• Agentic-AI Toolkit: Razorpay’s AI-powered SDK for automated transactions.
• Magic Checkout: A one-click payment solution to reduce cart abandonment.

Tabular Summary:

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8. What is the name of SBI’s new collateral-free digital SME loan for women entrepreneurs?
A) SBI Nari Loan
B) SBI Udyam Sakhi
C) SBI Asmita
D) SBI Mahila Udyog
E) SBI Shakti
Answer: C) SBI Asmita

Event and Location:

• Event: SBI launches ‘SBI Asmita’ digital SME loan for women entrepreneurs.
• Date: March 8, 2025 (International Women’s Day).
• Location: India.

SBI Asmita – Key Features:

• Collateral-free SME loan for women entrepreneurs.
• Fully digital process using API-based verification.
• No physical documentation required.
• Automated data verification from GSTIN, bank statements, and credit bureaus.
• Loan amount based on business assessment.
• Entrepreneurial & management training for top-performing women borrowers.

‘Nari Shakti’ Platinum Debit Card:

• Eco-friendly RuPay-powered card made from 100% recycled plastic.
• Special benefits in shopping, travel, entertainment, lifestyle, and insurance.
• Supports green banking initiatives and financial inclusion for women.

Important Terms Explained:

• SME (Small and Medium Enterprises): Businesses that contribute significantly to economic growth and employment.
• Collateral-Free Loan: A loan that does not require security like property or assets.
• RuPay Card: An Indian payment network developed by the National Payments Corporation of India (NPCI).
• Green Banking: Eco-friendly banking initiatives that promote sustainable financial practices.

Tabular Summary:

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9. Which bank launched the ‘bob Global Women NRE & NRO Savings Account’ for women NRIs?
A) State Bank of India
B) Punjab National Bank
C) Bank of Baroda
D) HDFC Bank
E) Axis Bank
Answer: C) Bank of Baroda

Event and Location:

• Event: Bank of Baroda launches ‘bob Global Women NRE & NRO Savings Account’ for Women NRIs.
• Date: March 7, 2025.
• Location: India.

Significance:

• First public sector bank to introduce an exclusive NRI account for women.
• Aims to empower women NRIs with premium banking privileges.

Key Features of ‘bob Global Women NRE & NRO Savings Account’:

• Customised Debit Card: No issuance charges, low renewal fees.
• Airport Lounge Access: Free domestic & international lounge access.
• Concessional Loan Rates: Lower home & auto loan interest rates.
• Locker Benefits: 100% concession on locker rent.
• Auto Sweep Facility: Higher interest earnings on deposits.

Insurance Coverage:

• ₹50 lakh Air Accident Insurance.
• ₹5 lakh Personal Accident Insurance.

Minimum Balance Requirement:

• ₹1 lakh in Current & Savings Account (CASA).
• ₹10 lakh in CASA + Term Deposits.

Revamped ‘bob Premium NRE & NRO Savings Account’:

• Upgraded Debit Card: Enhanced transaction limits.
• Complimentary Lounge Access at domestic & international airports.
• Free Safe Deposit Locker.
• Insurance Coverage: Free Personal & Air Accident Insurance.
• Concessional Loan Rates for home & auto loans.

Important Terms Explained:

• NRE (Non-Resident External) Account: Allows NRIs to deposit foreign income in India, with tax-free interest and full repatriability.
• NRO (Non-Resident Ordinary) Account: Used to manage Indian earnings (rent, dividends, etc.) with taxable interest.
• Auto Sweep Facility: Converts excess savings into a fixed deposit for higher interest.
• CASA (Current & Savings Account): Combines flexibility of savings & current accounts with interest benefits.

Tabular Summary:

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10. What was the incremental loan-to-deposit ratio (LDR) of Indian banks on a three-month rolling basis as of February 7, 2025?
A) 103%
B) 110%
C) 120%
D) 126%
E) 95%
Answer: D) 126%

Event and Location:

• Event: Indian banks lending more than they are mobilizing in deposits.
• Date: March 11, 2025.
• Location: India.

Key Findings from RBI Data:

• Incremental Loan-to-Deposit Ratio (LDR):
  • 126% (on a three-month rolling basis as of February 7, 2025).
  • 103% for the ongoing fiscal year.
• Implication:
  • Banks are extending more loans than they are collecting in deposits.
  • Intensified competition for deposits, particularly in low-cost CASA (Current & Savings Accounts).

Reasons Behind Weak Deposit Mobilization:

• Rising Loan Growth: High demand for retail and corporate loans.
• Deposit Growth Lagging: Banks struggling to attract deposits despite efforts.
• Shift to Borrowed Funds: Banks relying on market borrowings instead of deposits.
• Stricter Lending Approach: More cautious lending towards unsecured loans & NBFC financing.

Impacts on Banking Sector:

• Pressure on Interest Rates: Banks may increase deposit rates to attract funds.
• Higher Cost of Funds: More reliance on borrowed funds increases funding costs.
• Regulatory Concerns: RBI may intervene if the LDR imbalance persists.

Important Terms Explained:

• Loan-to-Deposit Ratio (LDR): Measures how much a bank lends compared to its deposit base. A higher LDR indicates more loans relative to deposits.
• CASA (Current & Savings Account): Low-cost deposit sources for banks, crucial for maintaining liquidity and profitability.
• Unsecured Loans: Loans not backed by collateral, including personal and credit card loans.
• Non-Banking Financial Companies (NBFCs): Financial institutions offering loans & credit services without holding a banking license.

Tabular Summary:

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Appointments – Daily Current Affairs March 10

11. Who has been appointed as the new Chairman and Managing Director (CMD) of HPCL?
A) Rajneesh Narang
B) Vikas Kaushal
C) Shrikant Madhav Vaidya
D) Mukesh Kumar Surana
E) Arun Kumar Singh
Answer: B) Vikas Kaushal

Event and Location:

• Event: Vikas Kaushal appointed as CMD of HPCL.
• Date: March 10, 2025.
• Location: India.

Position & Term:

• New Role: Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL).
• Term: Five years.
• Predecessor: Rajneesh Narang, interim CMD since September 1, 2024.

Professional Background & Experience:

• Industry Experience: Over 30 years in energy, oil & gas, and power sectors.
• Previous Role: MD & Country Head of Kearney India (5 years).
• Global Leadership: Served twice on Kearney’s Global Board of Directors.
• Consultant & Advisor: Worked with HPCL, IOCL, BPCL, GAIL, NTPC, and Tata Power.

Education & Academic Credentials:

• B.Tech in Chemical Engineering – Panjab University.
• MBA – Indian Institute of Management (IIM), Ahmedabad.

Key Contributions in Oil & Gas Sector:

• At Indian Oil Corporation (IOC):
  • Led a five-year digital transformation program, winning awards for Best Digital Oil Company.
  • Spearheaded Dhruva retail transformation and refinery maintenance projects.
• At HPCL:
  • Established a centralized procurement office to improve cost efficiency.
  • Developed petrochemical diversification strategies.
• At BPCL:
  • Led the net-zero planning initiative for sustainability.

Important Terms Explained:

• HPCL (Hindustan Petroleum Corporation Limited): A leading public sector oil and gas company in India, engaged in refining, marketing, and distribution.
• Net Zero Planning: A strategy aimed at reducing carbon emissions to achieve carbon neutrality.
• Kearney: A global consulting firm specializing in corporate strategy and operations.

Tabular Summary:

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12. Which position did Mark Carney hold before becoming Canada’s Prime Minister?
A) Finance Minister of Canada
B) Governor of the Bank of Canada
C) UN Secretary-General
D) Leader of the Conservative Party
E) CEO of Goldman Sachs
Answer: B) Governor of the Bank of Canada

Event and Location:

• Event: Mark Carney appointed as Canada’s Prime Minister & Liberal Party Leader.
• Date: March 10, 2025.
• Location: Canada.

Election Victory:

• Won 85.9% of votes in the Liberal Party leadership race.
• Succeeds Justin Trudeau, who resigned amid party opposition.

Why Did Trudeau Resign?

• Stepped down in January 2025 due to internal opposition.
• Departure of Chrystia Freeland from the cabinet further weakened his position.

Who is Mark Carney?

• Early Life & Education:
  • Born in Northwest Territories, Canada.
  • Studied at Harvard University, played hockey for the Harvard Crimson team.
  • Furthered studies at Oxford University in economics & finance.
• Career in Banking & Finance:
  • Worked at Goldman Sachs in investment banking.
  • Governor of the Bank of Canada (2008–2013): Led economic recovery after the 2008 financial crisis.
  • Governor of the Bank of England (2013–2020): Managed Brexit-related economic challenges.
  • Served as UN Special Envoy on Climate Finance post-2020.
• Political Experience & Next Steps:
  • First time in elected office, making his transition into politics significant.
  • Will meet Governor General Mary Simon to receive the formal mandate to form the government.

Significance of His Appointment:

• Expected to focus on economic stability & global financial policies.
• Positioned as Canada’s counterbalance to Donald Trump’s policies in North America.

Important Terms Explained:

• Liberal Party of Canada: One of Canada’s major political parties, known for progressive policies.
• Governor General of Canada: The King’s official representative, responsible for formally appointing the Prime Minister.
• Bank of Canada: Canada’s central bank, managing monetary policy & financial stability.
• Bank of England: UK’s central bank, overseeing currency, inflation, and financial regulations.

Tabular Summary:

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13. When is Justice Joymalya Bagchi expected to become the Chief Justice of India (CJI)?
A) 2028
B) 2029
C) 2030
D) 2031
E) 2032
Answer: D) 2031

Event and Location:

• Event: Justice Joymalya Bagchi appointed as a Judge of the Supreme Court of India.
• Date: March 10, 2025.
• Location: India.
• Announcement By: Union Law Minister Arjun Ram Meghwal on X (formerly Twitter).
• Appointing Authority: The President of India, after consultation with the Chief Justice of India (CJI).

Supreme Court Collegium Recommendation:

• Recommended by CJI Sanjiv Khanna on March 6, 2025.
• Selection based on merit, integrity, competence, diversity, and representation.

Judicial Career & Experience:

• Appointed as Judge of Calcutta High Court: June 27, 2011.
• Transferred to Andhra Pradesh High Court: January 4, 2021.
• Repatriated to Calcutta High Court: November 8, 2021.
• Expertise: Constitutional law, criminal law, civil law, and commercial litigation.

Legal Contributions:

• Strong focus on fundamental rights and constitutional principles.
• Recognized for clear interpretation of legal provisions.

Path to Becoming Chief Justice of India (CJI):

• Expected to become CJI on May 26, 2031, after Justice KV Viswanathan’s retirement.
• Tenure as CJI: Until October 2, 2031.
• First CJI from Calcutta High Court since Justice Altamas Kabir (2012-2013).

Important Terms Explained:

• Supreme Court Collegium: A panel of senior Supreme Court judges, led by the CJI, responsible for recommending judicial appointments.
• Chief Justice of India (CJI): The head of the Supreme Court, responsible for judicial leadership in India.
• Fundamental Rights: Rights guaranteed under Part III of the Indian Constitution, ensuring justice, equality, and freedom.

Tabular Summary:

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Defence – Daily Current Affairs March 10

14. Which research project was launched by Rajnath Singh at the Institute of Aerospace Medicine (IAM)?
A) Gaganyaan Astronaut Training Program
B) Space Psychology: Selection & Behavioural Health Training of Astronauts
C) ISRO’s Human Spaceflight Medicine Initiative
D) High-Altitude Aviation Research Project
E) Microgravity Effects on Human Physiology
Answer: B) Space Psychology: Selection & Behavioural Health Training of Astronauts

Event and Location:

• Event: Rajnath Singh becomes the first Defence Minister to visit the Institute of Aerospace Medicine (IAM), Bengaluru.
• Date: March 9, 2025.
• Location: Bengaluru, Karnataka.

Purpose of Visit:

• To review IAM’s role in aeromedical research and pilot training.
• To inspect advanced aerospace training facilities.
• To launch a space psychology research project for astronaut training.

Key Facilities Inspected:

• Dynamic Flight Simulator & High-Performance Human Centrifuge: Used for high-G training to help fighter pilots withstand extreme forces in aerial combat.
• Spatial Disorientation Simulator: Trains pilots to counteract disorientation, reducing accident risks.

New Research Project Launched:

• Title: ‘Space Psychology: Selection and Behavioural Health Training of Astronauts & Astronaut Designates for Indian Space Missions’.
• Objective:
  • Psychological selection of astronauts for ISRO’s Gaganyaan program.
  • Behavioral health training for managing stress and isolation in space.

Importance of Aerospace Medicine:

• Ensures pilot safety and endurance in high-altitude conditions.
• Addresses space-related medical challenges like microgravity effects and radiation exposure.
• Enhances astronaut training for future space missions.

IAM’s Contribution to Defence:

• Aero-medical consultancy for aircraft crew module design.
• Enhancing cockpit ergonomics and pilot safety.
• Support in the development of indigenous aircraft:
  • Advanced Light Helicopter (ALH)
  • Light Utility Helicopter (LUH)
  • Light Combat Helicopter (LCH)
  • Light Combat Aircraft (LCA) Tejas
  • Advanced Medium Combat Aircraft (AMCA) (under development)

Future of Aerospace Sector:

• Key area in India’s vision of Viksit Bharat 2047.
• Expected to drive technological advancements, national security, and economic growth.
• Expansion in satellite launching, interplanetary missions, and commercial space services.

Important Terms Explained:

• Institute of Aerospace Medicine (IAM): The premier Indian Air Force (IAF) institute focused on aeromedical research and astronaut training.
• Gaganyaan Mission: India’s first human spaceflight program by ISRO, aiming to send astronauts into space.
• Dynamic Flight Simulator: A system that helps train fighter pilots to withstand high gravitational forces.
• Spatial Disorientation Simulator: A simulator designed to train pilots to manage the challenges of disorientation in flight.

Tabular Summary:

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15. Which Indian Army unit is participating in KHANJAR-XII?
A) Rashtriya Rifles
B) The Parachute Regiment (Special Forces)
C) Mechanized Infantry Regiment
D) Gorkha Rifles
E) Assam Rifles
Answer: B) The Parachute Regiment (Special Forces)

Event and Location:

• Event: India-Kyrgyzstan Joint Special Forces Exercise KHANJAR-XII.
• Date: March 10 to March 23, 2025.
• Location: Kyrgyzstan.

Historical Background:

• Initiated in 2011 as part of India-Kyrgyzstan defense cooperation.
• Annual exercise held alternately in both countries.
• KHANJAR-XI (2024): Conducted in India (January 2024).

Participating Contingents:

• India: The Parachute Regiment (Special Forces), known for counter-terrorism and high-altitude warfare.
• Kyrgyzstan: Kyrgyz Scorpion Brigade, specializing in special operations and mountain warfare.

Objectives:

• Exchange of best practices in Counter-Terrorism (CT) operations.
• Enhancing interoperability in Special Forces missions.
• Strengthening defense ties and regional security.

Key Focus Areas:

• Counter-Terrorism Operations: Urban and high-altitude counter-insurgency tactics.
• Advanced Special Forces Skills: Sniping, close combat, building interventions.
• High-Altitude Warfare Training: Endurance and operational preparedness for extreme terrains.
• Joint Planning & Execution: Simulated real-time operations for interoperability.

Cultural Engagement:

• Celebration of Nowruz, a Central Asian festival, to foster India-Kyrgyzstan military relations.

Strategic Importance:

• Enhances military readiness against regional security threats.
• Strengthens bilateral defense cooperation.
• Improves counter-terrorism strategies.
• Facilitates exchange of tactical expertise between elite forces.

Important Terms Explained:

• KHANJAR Exercise: Annual India-Kyrgyzstan Joint Special Forces military training program.
• The Parachute Regiment (Special Forces): India’s elite special operations unit specializing in counter-terrorism and high-altitude warfare.
• Kyrgyz Scorpion Brigade: Kyrgyzstan’s special forces unit, trained in mountain warfare and special operations.
• Nowruz Festival: A cultural event marking the Persian New Year, celebrated across Central Asia.

Tabular Summary:

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International Affairs – Daily Current Affairs March 10

16. What is the theme of GRIDCON 2025?
A) Renewable Energy for the Future
B) Innovations in Grid Resilience
C) Smart Cities and Power Efficiency
D) AI and Automation in Power Systems
E) Digital Energy Revolution
Answer: B) Innovations in Grid Resilience

Event and Location:

• Event: GRIDCON 2025 – International Conference on Power Grid Innovations.
• Date: March 9, 2025.
• Location: IICC, Yashobhoomi, Dwarka, New Delhi.
• Event Duration: March 9 – March 11, 2025.
• Theme: “Innovations in Grid Resilience”

Organizer:

• Power Grid Corporation of India Limited (POWERGRID), under the Ministry of Power.
• In association with CIGRE India.

Key Dignitaries Present:

• Shri Manohar Lal – Union Minister of Power & Housing and Urban Affairs.
• Shri Shripad Yesso Naik – Minister of State for Power & Renewable Energy.
• Shri R.K. Tyagi – CMD, POWERGRID.
• Senior officials from Ministry of Power, POWERGRID, and energy sector PSUs.

Key Focus Areas:

1. Renewable Energy Integration:
   • Grid balancing for solar, wind, and hydro energy.
   • Energy storage solutions for intermittent power sources.
   • Hybrid renewable energy projects.
2. Grid Resilience & Stability:
   • AI-based predictive maintenance for power grids.
   • Automation and real-time monitoring.
   • Infrastructure resilience against cyber threats & climate impact.
3. Smart Asset Management:
   • IoT and Digital Twins for power grid operations.
   • Advanced analytics for preventive maintenance.
   • Lifecycle management of transmission assets.
4. Digital Transformation in the Power Sector:
   • AI-powered grid automation.
   • Blockchain for decentralized energy trading.
   • Smart metering and demand response systems.

Participation & Exhibition Highlights:

• 2,000+ delegates from 30+ countries.
• 150+ technical papers and 150+ exhibition companies.
• Showcasing:
  • Next-gen power transmission technologies.
  • AI-powered energy management systems.
  • Green hydrogen and energy storage innovations.

Significance for India’s Energy Sector:

• Policy formulation for grid modernization.
• Investment in smart grid technologies.
• Adoption of AI & digital solutions in power transmission.

Important Terms Explained:

• Grid Resilience: The ability of a power grid to adapt to fluctuations, cyber threats, and extreme weather.
• Digital Twins: A virtual model of power grid assets for real-time monitoring and predictive maintenance.
• Blockchain in Energy: A decentralized ledger system for secure, real-time peer-to-peer energy trading.
• CIGRE India: A national committee of CIGRE (International Council on Large Electric Systems), promoting power system research and innovation.

Tabular Summary:

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National Affairs – Daily Current Affairs March 10

17. Which state is home to India’s newly declared 58th Tiger Reserve?
A) Rajasthan
B) Maharashtra
C) Madhya Pradesh
D) Karnataka
E) Uttarakhand
Answer: C) Madhya Pradesh

Event and Location:

• Event: Madhav National Park declared as India’s 58th Tiger Reserve.
• Date: March 9, 2025.
• Location: Shivpuri district, Madhya Pradesh.
• Announcement By: Union Environment Minister Bhupender Yadav.

Geographic Significance:

• Located in Gwalior-Chambal region of Madhya Pradesh.
• Total Area: 1,751 sq km
  • Core Area: 375 sq km
  • Buffer Zone: 1,276 sq km
• Ecosystem: Dry deciduous forests, grasslands, and water bodies.

Current Tiger Population & Reintroduction Efforts:

• Present Population: 5 tigers, including 2 cubs.
• Tiger Reintroduction:
  • 2023: Three tigers (including two females) relocated.
  • 2025: Plan to introduce two more tigers.

Conservation & Ecological Significance:

• Tiger Protection: Strengthens Bengal Tiger conservation.
• Biodiversity Conservation: Supports leopards, sloth bears, deer, and birds.
• Ecological Balance: Restores forest cover and sustains wildlife corridors.
• Eco-Tourism & Economy: Expected to boost tourism and create employment.

Madhya Pradesh – ‘Tiger State’ of India:

• Now has 9 Tiger Reserves, the highest in India.
• Reinforces Madhya Pradesh’s leadership in tiger conservation.

India’s Tiger Conservation Efforts:

• Project Tiger: Launched in 1973 to protect the Bengal Tiger.
• National Tiger Conservation Authority (NTCA): Oversees tiger reserves.
• India hosts over 75% of the world’s tiger population.

Important Terms Explained:

• Tiger Reserve: A protected forest area dedicated to tiger conservation under Project Tiger.
• Project Tiger (1973): A government initiative for tiger protection and habitat conservation in India.
• National Tiger Conservation Authority (NTCA): A statutory body overseeing tiger reserves in India.

Tabular Summary:

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Over All Review

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