Daily Current Affairs March 15 & 16

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 15 & 16. 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 15 & 16 | Daily Current Affairs 2024

Important Days – Daily Current Affairs March 15 & 16

1. Why is Pi Day celebrated on March 14?
A) It marks the birth anniversary of Leonhard Euler.
B) The date 3/14 represents the first three digits of Pi (3.14).
C) It commemorates the day Pi was first discovered.
D) UNESCO declared this day as the International Day of Mathematics in 2019.
E) It is the day when the value of Pi was accurately calculated.
Answer: B) The date 3/14 represents the first three digits of Pi (3.14).

Event and Location:

• Event: Pi Day is celebrated every year on March 14 to honor the mathematical constant Pi.
• Date: March 14, 2025.
• Location: Worldwide.

Mandates and Objectives:

• Origins of Pi Day: The concept of Pi Day was introduced in 1988 by physicist Larry Shaw at the Exploratorium in San Francisco.
• Official Recognition: Pi Day was officially recognized as National Pi Day by the U.S. House of Representatives in 2009. In 2019, UNESCO declared it as the International Day of Mathematics.
• Mathematical Significance: Pi (π) is an irrational number representing the ratio of a circle’s circumference to its diameter. It is approximately 3.14159 and is widely used in geometry, physics, engineering, and astronomy.
• Historical Contributions: The Greek mathematician Archimedes of Syracuse provided one of the earliest known approximations of Pi. Leonhard Euler popularized the use of the Greek letter π in 1737. The Great Pyramid of Giza is believed to have been designed using Pi principles.
• How Pi Day is Celebrated: Events include Pi recital competitions, pie-eating contests, mathematical quizzes, Einstein’s birthday tributes, and fitness challenges such as running 3.14 miles.
• Fun Facts About Pi: Pi has been calculated to over 62 trillion digits. The symbol π was first used by William Jones in 1706 before Euler popularized it. The phrase “May the Pi be with you” is a common mathematical pun.

Tabular Summary:

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2. What is the primary objective of the International Day of Action for Rivers?
A) To celebrate the construction of large dams worldwide.
B) To promote industrial use of river water.
C) To raise awareness about threats to rivers and advocate for their conservation.
D) To increase trade through river transport.
E) To support urbanization along major rivers.
Answer: C) To raise awareness about threats to rivers and advocate for their conservation.

Event and Location:

• Event: The International Day of Action for Rivers is observed annually on March 14 to raise awareness about river conservation.
• Date: March 14, 2025.
• Location: Worldwide.

Purpose of the International Day of Action for Rivers:

• River Conservation Awareness: The day aims to highlight threats to rivers such as pollution, dam construction, and climate change.
• Call for Collective Action: Encourages communities, activists, and policymakers to work together in protecting and restoring rivers.

Origins of the International Day of Action for Rivers:

• First Established: The day was established in March 1997 at an international conference in Curitiba, Brazil.
• Initial Focus: Originally named “International Day of Action Against Dams, for Rivers, Water, and Life”, it was created to protest the negative impact of large dam projects on ecosystems and communities.
• Renaming and Expansion: Over time, the name was shortened, and the focus expanded to include climate change, industrial pollution, and sustainable water management.

Theme for 2024:

• Theme: “Our Rivers, Our Future”.

Key Focus Areas:

• Restoring and renaturalizing rivers to support biodiversity.
• Involving local communities in river conservation and management.
• Advocating for sustainable water policies to prevent further degradation of rivers.

Key Global Initiatives on March 14, 2024:

• Austria: A silent protest on the Oetz River against the expansion of the Kaunertal hydropower plant, which threatens the river’s ecosystem.
• France: A theatrical performance on the Paillon River in Nice to highlight the dangers of water pollution and climate change.
• Italy: A citizen science project on the Tiber River, monitoring plastic waste and mollusk biodiversity.
• Bulgaria: A river cleanup campaign on the Jantra River, led by the local academic community.
• Pakistan: Demonstrations to protect the Indus River from illegal canal and dam construction projects.
• Cambodia: A thanksgiving festival on the Mekong River, featuring prayers and cultural ceremonies to raise awareness about harmful infrastructure projects.

Coordinating Organization:

• Leading Organization: International Rivers, a global advocacy group focused on river conservation and sustainable water management.

Tabular Summary:

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Sports – Daily Current Affairs March 15 & 16

3. Which country topped the medal tally at the World Para Athletics Grand Prix 2025?
A) Australia
B) China
C) United States
D) India
E) Germany
Answer: D) India

Event and Location:

• Event: India finished on top of the medal tally at the World Para Athletics Grand Prix 2025.
• Date: March 2025.
• Location: Jawaharlal Nehru Stadium, New Delhi, India.

India’s Performance at the Grand Prix 2025:

• Total Medals: 134
  • Gold: 45
  • Silver: 40
  • Bronze: 49
• Significance: This was India’s first time hosting an international para-athletics event, and it has now been confirmed as an annual event until 2028.

Top Indian Performers:

1. Preethi Pal (200m T35–T38): Won bronze; previously won two Paralympic medals.
2. Bhavani Munniyandi (Long Jump T38, T44, T61): Won bronze with a 3.51m leap.
3. Vinay (Men’s 200m T35): Won silver (29.58s).
4. Abhishek Babasaheb Jadhav (Men’s 200m T35): Won bronze (31.55s).
5. Sagar (Men’s Shot Put F11–F20): Won gold with an 11.47m throw.
6. Fatima (Women’s Discus Throw F56–F57): Won gold, leading India’s clean sweep.
7. Sharath (Men’s 5000m T11–T12): Won gold, securing India’s final podium sweep.

India’s Podium Sweeps:

1. Men’s Shot Put F11–F20:
   • Gold: Sagar
   • Silver: Janka Singh
   • Bronze: Balaji Rajendran
2. Women’s Discus Throw F56–F57:
   • Gold: Fatima
   • Silver: Suman Bala
   • Bronze: Asha Jalandar
3. Men’s 5000m T11–T12:
   • Gold: Sharath
   • Silver: Saurabh
   • Bronze: Ankur

Significance of the World Para Athletics Grand Prix 2025:

• First Time in India: This was the first-ever international para event hosted by India.
• Annual Event Until 2028: The World Para Athletics Federation confirmed that India will host the event annually for the next four years.

Grand Prix Format:

• The World Para Athletics Grand Prix follows a format similar to the Diamond League, featuring multiple meets across the season.
• Provides para-athletes with a platform to compete at an elite level and prepare for future global championships.

Tabular Summary:

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4. Which team won the Women’s Premier League (WPL) 2025 final?
A) Delhi Capitals
B) Royal Challengers Bangalore
C) Mumbai Indians
D) UP Warriorz
E) Gujarat Giants
Answer: C) Mumbai Indians

Event and Location:

• Event: Mumbai Indians defeated Delhi Capitals to win the Women’s Premier League (WPL) 2025 final.
• Date: March 15, 2025.
• Location: Brabourne Stadium, Mumbai, India.

Match Summary:

• Mumbai Indians (MI) Score: 149/7 in 20 overs.
• Delhi Capitals (DC) Score: 141/8 in 20 overs.
• Result: Mumbai Indians won by 8 runs.
• Trophy Count: 2nd WPL title in three seasons for Mumbai Indians.

Key Performances:

• Harmanpreet Kaur (MI Captain): 66 off 44 balls (Player of the Match).
• Nat Sciver-Brunt (MI All-rounder): Awarded Player of the Series for her outstanding tournament performance.

WPL 2025 Final: Playing XI

• Mumbai Indians Women:
  1. Yastika Bhatia (wicketkeeper)
  2. Hayley Matthews
  3. Nat Sciver-Brunt
  4. Harmanpreet Kaur (captain)
  5. Sajeevan Sajana
  6. Amelia Kerr
  7. Amanjot Kaur
  8. G Kamalini
  9. Sanskriti Gupta
  10. Shabnim Ismail
  11. Saika Ishaque
• Delhi Capitals Women:
  1. Meg Lanning (captain)
  2. Shafali Verma
  3. Jess Jonassen
  4. Jemimah Rodrigues
  5. Annabel Sutherland
  6. Marizanne Kapp
  7. Sarah Bryce (wicketkeeper)
  8. Niki Prasad
  9. Minnu Mani
  10. Shikha Pandey
  11. Nallapureddy Charani

Awards in WPL 2025:

• Player of the Match: Harmanpreet Kaur (66 off 44 balls, Mumbai Indians).
• Player of the Series: Nat Sciver-Brunt (Mumbai Indians).

Significance of Mumbai Indians’ Win:

• Second WPL Title: MI secured their second championship in three seasons, showing consistent dominance.
• Harmanpreet Kaur’s Captaincy: Led from the front with a match-winning knock.

Tabular Summary:

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Obituary – Daily Current Affairs March 15 & 16

5. Which former Indian cricketer, known for his all-round performances, passed away at the age of 83?
A) Eknath Solkar
B) Vinoo Mankad
C) Syed Abid Ali
D) Chandu Borde
E) Madan Lal
Answer: C) Syed Abid Ali

Event and Location:

• Event: Former Indian all-rounder Syed Abid Ali passed away at the age of 83.
• Date: March 2025.
• Location: United States.

Early Life and Cricketing Career:

• Birthplace: Hyderabad, India.
• Playing Role: A dependable all-rounder, known for swing bowling, lower-order batting, and outstanding fielding.

International Cricket Career:

• Test Debut: Against Australia in Brisbane.
• Memorable Debut Performance: Took 6 wickets for 55 runs, marking an impressive entry into international cricket.
• Notable Batting Performances: Scored 78 and 81 in the Sydney Test against Australia.

Key Contribution to India’s Historic Win (1971):

• 1971 England Tour: Played a vital role in India’s first-ever Test series win in England.
• Winning Runs: Scored the winning runs at The Oval, securing a landmark victory.

First-Class Cricket and Domestic Career:

• First-Class Teams: Played for Hyderabad and South Zone for 22 years.

Coaching Career:

• Andhra Pradesh Ranji Team: Helped in developing the team and improving their performance.
• UAE National Team (2001): Took charge with the vision of building a strong cricketing structure.
• Maldives National Team: Contributed to cricket development in the country.

1996 Media Mix-Up:

• False Death Reports: After undergoing bypass surgery in 1996, media incorrectly reported his death.
• Clarification: He personally confirmed his well-being after receiving condolences from teammates and fans.

Legacy and Impact:

• Influence on Indian Cricket: Played a key role in India’s early Test successes and mentored young cricketers.
• Global Contributions: Helped develop cricket in emerging nations like UAE and Maldives.

Tabular Summary:

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Ranking – Daily Current Affairs March 15 & 16

6. Which new UPI app entered the top five rankings in February 2025?
A) Amazon Pay
B) Axis Bank Apps
C) CRED
D) Super.money
E) Navi
Answer: D) Super.money

Event and Location:

• Event: Flipkart’s Super.money entered the top five UPI apps in India for the first time.
• Date: February 2025.
• Location: India.
• UPI Market Overview: February 2025
• Overall UPI Performance: The total UPI transactions in February 2025 amounted to 16.11 billion, reflecting a 5.2% decline in volume.
• Market Leadership: Despite the decline, PhonePe, Google Pay, and Paytm maintained their dominance in the UPI ecosystem.

Top 5 UPI Apps (February 2025):

1. PhonePe – Market Leader
   • Transaction Volume: 7,656.40 million
   • Market Share: 47.54%
   • Transaction Value: ₹11,18,963.81 crore
   • Value Share: 50.94%
2. Google Pay – Strong Competitor
   • Transaction Volume: 5,836.80 million
   • Market Share: 36.24%
   • Transaction Value: ₹7,71,089.15 crore
   • Value Share: 35.11%
3. Paytm – Holding Third Position
   • Market Share: 6.70%
   • Transaction Value: ₹1,17,090.29 crore
   • Value Share: 5.33%
4. Super.money – New Entrant
   • Transaction Volume: 139.10 million
   • Replaced CRED as the 5th largest UPI app
5. CRED & Other Smaller Players
   • CRED’s Transaction Value: ₹45,127.72 crore
   • Value Share: 2.05%
   • Navi Transactions: 260.75 million

Role of Financial Institutions in UPI Transactions:

• Axis Bank Apps: Processed 100.15 million transactions worth ₹4,638.45 crore.
• Amazon Pay: Processed 93.31 million transactions worth ₹9,077.30 crore.

UPI Adoption and Future Expansion:

• Total UPI Users: 450 million users.
• Daily Active Users: 200 million.
• NPCI’s Future Target: To onboard 200-300 million more users with support from the RBI, government policies, and financial institutions.

Tabular Summary:

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7. According to Morgan Stanley, which country will India overtake to become the world’s third-largest economy by 2028?
A) United Kingdom
B) Japan
C) Germany
D) France
E) Canada
Answer: C) Germany

Event and Location:

• Event: Morgan Stanley has predicted that India will become the world’s third-largest economy by 2028, surpassing Germany.
• Date: March 2025.
• Location: India.

India’s Economic Growth Projections:

• By 2026: India’s economy is expected to expand to $4.7 trillion, making it the fourth-largest economy behind the United States, China, and Germany.
• By 2028: India’s economy is projected to grow to $5.7 trillion, surpassing Germany to become the third-largest economy in the world.

Key Drivers of India’s Economic Growth:

1. Make in India Initiative: Boosting manufacturing and industrial output.
2. Digital India Initiative: Expanding digital infrastructure and financial inclusion.
3. Infrastructure Development: Major highway, rail, and port projects improving connectivity.
4. Tax Reforms: Introduction of GST, ease of doing business, and increased foreign investment.
5. Entrepreneurial Growth: A rise in startups and innovation-driven businesses.
6. Demographic Advantage: A young, ambitious workforce driving productivity and economic expansion.

Significance of India’s Rise to the 3rd-Largest Economy:

• Increased global influence in trade, investment, and geopolitics.
• Attracting higher Foreign Direct Investment (FDI) and business opportunities.
• Stronger financial markets with higher investor confidence.
• Growth in per capita income and improved social outcomes.

Tabular Summary:

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Banking and Finance – Daily Current Affairs March 15 & 16

8. Which regulatory body designates Domestic Systemically Important Insurers (D-SIIs) in India?
A) Reserve Bank of India (RBI)
B) Securities and Exchange Board of India (SEBI)
C) Insurance Regulatory and Development Authority of India (IRDAI)
D) Ministry of Finance
E) National Insurance Academy (NIA)
Answer: C) Insurance Regulatory and Development Authority of India (IRDAI)

Event and Location:

• Event: The Insurance Regulatory and Development Authority of India (IRDAI) has reaffirmed LIC, New India Assurance, and GIC Re as Domestic Systemically Important Insurers (D-SIIs) for 2024-25.
• Date: March 12, 2025.
• Location: India.

What are Domestic Systemically Important Insurers (D-SIIs)?

• Definition: Insurers whose failure or financial distress could severely impact the Indian financial system.
• Purpose: To ensure financial stability by implementing enhanced regulatory supervision and risk management measures.

D-SII Insurers for 2024-25:

1. Life Insurance Corporation of India (LIC)
2. The New India Assurance Company
3. General Insurance Corporation of India (GIC Re)

Enhanced Regulatory Supervision:

• Stricter risk management norms.
• Higher capital requirements to maintain financial stability.
• Increased regulatory oversight by IRDAI.

IRDAI’s 129th Meeting Outcomes (March 12, 2025):

• Approval of Valueattics Reinsurance, the first private reinsurer in the revamped regulatory environment.
• Review of Bima Sugam e-marketplace project, a digital platform for insurance.
• Progress on Indian Risk-Based Capital (RBC) and Risk-Based Supervisory Framework.
• Introduction of the State Insurance Plan, a multi-tiered governance model to address insurance gaps at state, district, urban, and rural levels.

Valueattics Reinsurance: India’s First Private Reinsurer

• Promoted By:
  • Prem Watsa’s FAL Corporation.
  • Go Digit founder Kamesh Goyal.

Key Details:

• First private reinsurer in India under new regulatory norms.
• Initial paid-up capital: ₹210 crore.
• Will provide risk coverage through:
  • Go Digit General Insurance.
  • Go Digit Life Insurance.
  • Valueattics Reinsurance.

Tabular Summary:

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Business and Economy – Daily Current Affairs March 15 & 16

9. What is the projected GDP growth rate of India for FY 2025-26 according to Moody’s?
A) 6.3%
B) 6.5%
C) More than 6.5%
D) 5.6%
E) 7.0%
Answer: C) More than 6.5%

Event and Location:

• Event: Moody’s Ratings has projected India’s GDP growth to exceed 6.5% in FY 2025-26.
• Date: March 2025.
• Location: India.

Moody’s GDP Growth Projection:

• FY 2025-26 Forecast: India’s GDP growth is expected to surpass 6.5%, up from 6.3% in FY 2024-25.
• Previous Quarter Performance: India’s GDP slowed to 5.6% in Q2 (July-September 2024) but rebounded to 6.2% in Q3 (October-December 2024).

Factors Driving Growth:

• Government Spending: Increased capital expenditure on infrastructure projects is expected to stimulate growth.
• Tax Cuts: Reduction in tax rates is likely to boost consumer spending and demand.
• Monetary Policy Support: The RBI’s interest rate cuts will ease borrowing costs and improve business investments.

Inflation and Interest Rate Outlook:

• Inflation Projection: Inflation is expected to decline to 4.5% in FY 2025-26, compared to 4.8% in FY 2024-25.

RBI’s Interest Rate Adjustments:

• RBI raised policy rates by 250 basis points (May 2022 – Feb 2023) to control inflation.
• In February 2025, RBI cut the policy rate by 25 basis points to 6.25%.
• Further rate cuts are expected to be limited due to global economic uncertainties.

Banking Sector Outlook:

• Asset Quality Concerns: Moody’s expects moderate deterioration in asset quality due to stress in unsecured retail loans, microfinance, and small business loans.
• Profitability: Despite asset quality challenges, bank profitability will remain stable, although Net Interest Margins (NIMs) may decline slightly.

Loan Growth Projection:

• Loan growth is expected to slow to 11-13% in FY 2025-26, compared to an average 17% between March 2022 – March 2024.
• Banks are expected to balance loan expansion with deposit growth.

Government and RBI GDP Growth Estimates:

• Economic Survey Projection: India’s GDP growth is estimated between 6.3% and 6.8% for FY 2025-26.
• Current Fiscal Year Estimate: India’s official GDP growth estimate for FY 2024-25 is 6.5%.

Global Economic Factors Affecting India:

• Trade Uncertainty: Global economic conditions, including U.S. trade policies and market volatility, may impact India’s growth prospects.
• Oil Prices: Fluctuations in global crude oil prices could influence inflation and fiscal stability.

Tabular Summary:

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Appointments – Daily Current Affairs March 15 & 16

10. Who has been elected as the Chairman of ATMA in 2025?
A) Hiroshi Yoshizane
B) Rajeev Anand
C) Arun Mammen
D) P K Mohamed
E) Anshuman Singhania
Answer: C) Arun Mammen

Event and Location:

• Event: Arun Mammen, Vice-Chairman & MD of MRF Ltd., has been elected as Chairman of ATMA.
• Date: March 2025.
• Location: India.

New Leadership at ATMA:

• Chairman: Arun Mammen, Vice-Chairman & MD, MRF Ltd.
• Vice-Chairman: Hiroshi Yoshizane, Managing Director, Bridgestone India.

Significance of the Appointment:

• Golden Jubilee Year: ATMA is celebrating its 50th anniversary (1975-2025), making this a crucial leadership transition.
• Industry Development: The new leadership aims to strengthen India’s tyre manufacturing sector globally through technological advancements, sustainability, and policy support.

Arun Mammen’s Professional Journey:

• Managing Director of MRF Ltd.: Appointed in 2004.
• Elevated to Vice-Chairman & MD: Took over in 2017.
• Industry Contributions: Played a pivotal role in MRF’s market expansion and technological innovations.

Educational Background of Arun Mammen:

• Undergraduate Degree: Madras Christian College.
• MBA: Ashland University, USA.

ATMA’s Strategic Direction Under Arun Mammen:

• Global Competitiveness: Strengthening India’s position in the global tyre market through cost efficiency and innovation.
• Technological Advancements: Focus on R&D and production of high-performance tyres to meet global standards.
• Sustainability Initiatives: Promoting eco-friendly tyre manufacturing and ensuring compliance with international regulations.

Golden Jubilee Celebrations of ATMA:

• Milestone Year: 2025 marks 50 years of ATMA’s existence.
• Future Roadmap: Under Arun Mammen’s leadership, ATMA will define its growth trajectory for the next decade.

Role of Hiroshi Yoshizane (Vice-Chairman, ATMA):

• Global Expertise: As MD of Bridgestone India, he brings experience in global tyre technology and innovation.
• International Collaboration: Focus on strengthening partnerships with global tyre manufacturers to enhance India’s technological capabilities.

Tabular Summary:

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11. Who has been appointed as the Chairman of Tata Communications effective from March 14, 2025?
A) Rajesh Gopinathan
B) N Chandrasekaran
C) N Ganapathy Subramaniam
D) Ratan Tata
E) Mukesh Ambani
Answer: C) N Ganapathy Subramaniam

Event and Location:

• Event: N Ganapathy Subramaniam has been appointed as the Chairman of Tata Communications.
• Date: March 14, 2025.
• Location: India.

Appointment Details:

• New Position: Chairman of Tata Communications.
• Effective Date: March 14, 2025.
• Selection Process: His appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Who is N Ganapathy Subramaniam?

• Professional Background: He is a seasoned leader with 40 years of experience at Tata Consultancy Services (TCS).
• Previous Role: Served as the Chief Operating Officer (COO) and Executive Director of TCS, where he played a key role in the company’s global operations and digital transformation initiatives.

Current Roles of N Ganapathy Subramaniam:

• Chairman and Non-Executive Director at Tata Elxsi.
• Chairman and Non-Executive Director at Tejas Networks Limited.
• Board Member in multiple Tata Group companies.

Strategic Importance of His Appointment:

• Digital Transformation: His expertise in IT services, business strategy, and technology-driven innovations will help Tata Communications expand its digital services.
• Global Expansion: Under his leadership, Tata Communications is expected to enhance its presence in cloud computing, cybersecurity, and next-generation networking solutions.
• Operational Efficiency: His leadership will contribute to improving customer-centric solutions and strengthening the company’s global footprint.

Tabular Summary:

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Awards – Daily Current Affairs March 15 & 16

12. Which of the following digital initiatives helped RBI win the Digital Transformation Award 2025?
A) Bharat Bill Payment System and UPI Lite
B) e-RUPI and Digital Rupee
C) Pravaah and Sarthi
D) RuPay and FASTag
E) BHIM and IMPS
Answer: C) Pravaah and Sarthi

Event and Location:

• Event: The Reserve Bank of India (RBI) won the Digital Transformation Award 2025 for its Pravaah and Sarthi initiatives.
• Date: March 2025.
• Location: London, UK.

Award Details:

• Awarding Institution: Central Banking, London, UK.
• Award Category: Digital Transformation Award 2025.
• Significance of the Award: Recognizes RBI’s efforts in digital transformation, operational efficiency, and regulatory innovation.

About RBI’s Digital Initiatives:

1. Sarthi: RBI’s Internal Digital Workflow System
   • Launch Date: January 2023.
   • Objective: Digitization of RBI’s internal workflow management.
   • Key Features of Sarthi:
     • Elimination of paper-based processes for digital submissions.
     • Secure document sharing across departments.
     • Advanced analytics and dashboards for decision-making.
     • Unified database for centralized data storage.
2. Pravaah: Digital Regulatory Application Portal
   • Launch Date: May 2024.
   • Objective: Streamlining external regulatory applications.
   • Key Features of Pravaah:
     • Digitization of over 70 regulatory applications.
     • Integration with Sarthi for seamless document processing.
     • Centralized cybersecurity framework for enhanced security.
     • 80% increase in monthly applications due to ease of use.

Impact of RBI’s Digital Initiatives:

• Transformation of Internal and External Workflows:
  • Reduced paper-based submissions improved efficiency.
  • Faster regulatory approvals due to digital automation.
• Enhanced Cybersecurity and Monitoring:
  • Centralized security system ensures safe document handling.
  • Real-time monitoring of suspicious activities.
• Increased Efficiency and Collaboration:
  • Better coordination across RBI departments.
  • Senior nodal officers appointed for smooth digital transition.

Tabular Summary:

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Defence – Daily Current Affairs March 15 & 16

13. Where has China deployed its Large Phased Array Radar (LPAR) system?
A) Tibet Autonomous Region
B) Xinjiang Province
C) Yunnan Province
D) Guangdong Province
E) Sichuan Province
Answer: C) Yunnan Province

Event and Location:

• Event: China has deployed a Large Phased Array Radar (LPAR) system in Yunnan Province, near the China-Myanmar border.
• Date: March 2025.
• Location: Yunnan Province, China.

Key Features of China’s LPAR System:

• Extended Detection Range: The radar has a range exceeding 5,000 kilometers, allowing it to monitor large areas, including Indian territory and the Indian Ocean region.
• Advanced Tracking Capabilities: It utilizes electronically controlled antennas to scan vast areas quickly and track multiple targets simultaneously. This technology is particularly effective in monitoring ballistic missile launches and aerial movements.
• Strategic Positioning: The radar is located 2,000–2,200 km northeast of India’s Dr. APJ Abdul Kalam Island, a key missile testing site for Agni-V and K-4 missiles. This allows real-time tracking of India’s missile tests.

Implications for India’s Security:

• Intelligence Gathering: The radar’s capabilities provide China with critical data on India’s missile programs, potentially enabling countermeasure development.
• Extended Surveillance: Apart from missile tracking, the radar strengthens China’s maritime surveillance in the Bay of Bengal and the Indian Ocean, which are strategic areas for India.

India’s Response Measures:

• Enhancing Radar Capabilities: The Indian Ministry of Defence has awarded a ₹2,906 crore contract to Bharat Electronics Ltd for 18 Ashwini Low-Level Transportable Radars (LLTRs) to improve aerial threat detection.
• Developing Counter-Surveillance Strategies: India is working on measures to secure its missile programs and maintain strategic deterrence against China’s enhanced monitoring.

Tabular Summary:

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14. Which missile was successfully tested from the LCA Tejas AF MK1 prototype?
A) BrahMos Air-Launched Missile
B) Akash Surface-to-Air Missile
C) Astra Beyond Visual Range Air-to-Air Missile (BVRAAM)
D) Nag Anti-Tank Guided Missile
E) Prithvi-II Ballistic Missile
Answer: C) Astra Beyond Visual Range Air-to-Air Missile (BVRAAM)

Event and Location:

• Event: India successfully conducted a test of the Astra BVRAAM from the LCA Tejas AF MK1 prototype.
• Date: March 2025.
• Location: Chandipur, Odisha.

Missile Test Details:

• Missile Name: Astra Beyond Visual Range Air-to-Air Missile (BVRAAM).
• Launch Platform: Light Combat Aircraft (LCA) Tejas AF MK1 prototype.
• Developed By: Defence Research and Development Organisation (DRDO).
• Test Outcome: The missile achieved a direct hit on a flying target, with all subsystems performing optimally.
• Range: Over 100 kilometers.
• Purpose: The test enhances India’s air defense capabilities and strengthens indigenous missile technology.

Agencies Involved in the Test:

• Aeronautical Development Agency (ADA): Responsible for the design and development of LCA Tejas.
• Hindustan Aeronautics Limited (HAL): Manufacturer of the LCA Tejas aircraft.
• Centre for Military Airworthiness and Certification (CEMILAC): Ensures airworthiness certification.
• Directorate General of Aeronautical Quality Assurance (DG-AQA): Ensures quality and reliability of aircraft systems.
• Indian Air Force (IAF): End-user of the Astra BVRAAM and LCA Tejas.

Key Reactions:

• Defence Minister Rajnath Singh: Congratulated the teams involved in the test.
  Dr. Samir V. Kamat (Chairman, DRDO): Praised scientists and engineers for their efforts in advancing missile technology.

Significance of the Test:

• Operational Readiness: Astra BVRAAM strengthens India’s air-to-air combat capability.
  Indigenous Development: A major step toward self-reliance in defense under Make in India.
• Integration into IAF Fleet: The successful test is a milestone toward the induction of the Astra missile in the LCA Tejas MK1A variant.

Tabular Summary:

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International Affairs – Daily Current Affairs March 15 & 16

15. What is the primary objective of the UN80 Initiative launched by UN Secretary-General Antonio Guterres?
A) To expand UN peacekeeping operations globally.
B) To enhance efficiency, optimize resources, and improve cost-effectiveness within the UN.
C) To establish new UN agencies for climate action.
D) To increase financial aid to developing countries.
E) To create new international trade agreements.
Answer: B) To enhance efficiency, optimize resources, and improve cost-effectiveness within the UN.

Event and Location:

• Event: UN Secretary-General Antonio Guterres launched the UN80 Initiative to enhance the operational efficiency of the United Nations (UN).
• Date: March 2025.
• Location: United Nations Headquarters, New York, USA.

About the UN80 Initiative:

• Objective: Improve the efficiency and cost-effectiveness of UN operations by reviewing mandates, optimizing resources, and implementing structural reforms.
• Led By: Under-Secretary-General Guy Ryder will head an internal task force with representatives from all UN agencies.

Reasons for Launch:

• Shrinking financial resources due to economic uncertainty.
• Liquidity crisis caused by delayed or partial payments by member states.
• Rising global challenges requiring better program alignment.

UN Budget Overview:

• 2025 Regular Budget: $3.72 billion.
• 2024-25 Peacekeeping Budget: $5.6 billion.
• Largest Contributor: United States (22% of the regular budget, 27% of the peacekeeping budget).
• India’s Contribution: $37.64 million (paid in full and on time, placing India on the “honor roll” of 35 nations).

Impact of Funding Cuts:

• Reduction in humanitarian aid and development programs.
• Staff layoffs and limited financial support for vulnerable populations.

Guterres’ Vision:

• Goal: A more efficient, cost-effective, and result-oriented UN capable of addressing global crises effectively.

Tabular Summary:

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National Affairs – Daily Current Affairs March 15 & 16

16. What is the primary objective of the Sashakt Panchayat-Netri Abhiyan initiative?
A) To provide financial assistance to women in rural areas.
B) To strengthen leadership skills and decision-making abilities of Women Elected Representatives (WERs).
C) To promote digital literacy among women in urban areas.
D) To establish self-help groups for women farmers.
E) To train women in vocational skills for employment.
Answer: B) To strengthen leadership skills and decision-making abilities of Women Elected Representatives (WERs).

Event and Location:

• Event: The Ministry of Panchayati Raj launched Sashakt Panchayat-Netri Abhiyan and Model Women-Friendly Gram Panchayats (MWFGP) to empower Women Elected Representatives (WERs) in Panchayati Raj Institutions (PRIs).
• Date: March 2025.
• Location: India.

Sashakt Panchayat-Netri Abhiyan:

• Objective: Enhance the leadership skills, decision-making abilities, and active participation of Women Elected Representatives (WERs) in Panchayati Raj Institutions.

Key Focus Areas:

• Capacity-building training programs for WERs.
• Promotes independent leadership by eliminating the “Mukhiya Pati” or “Sarpanch Pati” culture where male family members influence elected women leaders.

Model Women-Friendly Gram Panchayat (MWFGP):

• Objective: Establish at least one Model Women-Friendly Gram Panchayat in each district to promote gender-sensitive governance.

Key Features:

• Encourages girl-friendly governance and gender-responsive policies.
• Supports initiatives to improve women’s participation in decision-making at the grassroots level.

Law Primer on Gender-Based Violence:

• Objective: Provide a comprehensive legal guide for panchayat representatives to address gender-based violence and harmful practices in rural areas.

Current Status of Women’s Participation in PRIs:

• Women Elected Representatives: Over 1.4 million women have been elected in Panchayati Raj Institutions across India.

State Achievements:

• Bihar leads with 50% representation of women in PRIs, surpassing the 33% reservation quota.

Tabular Summary:

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17. What is the recommended minimum age for Ayushman Vay Vandana Card eligibility, as per the parliamentary panel?
A) 55 years
B) 65 years
C) 60 years
D) 75 years
E) No age limit change recommended
Answer: C) 60 years

Event and Location:

• Event: A parliamentary panel has suggested lowering the entry age for the Ayushman Vay Vandana Card from 70 years to 60 years.
• Date: March 2025.
• Location: India (Rajya Sabha Report Presentation).

Key Recommendations of the Parliamentary Committee:

1. Age Eligibility Reduction: Lower the minimum age from 70 years to 60 years to broaden healthcare coverage under Ayushman Bharat.
2. Increase in Health Coverage: Raise the coverage amount from ₹5 lakh to ₹10 lakh per family annually.
3. Coverage Expansion: Include high-end medical interventions, advanced diagnostics (CT scans, MRIs, nuclear imaging).
4. Fund Utilization Improvement: Address inefficient disbursement of allocated healthcare funds.
5. Public Awareness & Digital Expansion: Enhance awareness campaigns and simplify card creation through digital platforms.
6. Claim Settlement & Package Revisions: Expedite hospital claim settlements and restructure package rates.

Current Features of Ayushman Vay Vandana Card:

• Provides free health coverage of ₹5 lakh to senior citizens aged 70 and above.
• Covers all pre-existing conditions from day one (No waiting period).
• 2000+ medical procedures covered.
• Additional ₹5 lakh top-up cover for those already enrolled in AB-PMJAY.
• Eligibility for CGHS, ECHS, CAPF beneficiaries, provided they opt out of their current scheme.

Challenges in the Current System:

• Underutilization of allocated healthcare funds.
• Exclusion of critical treatments and diagnostics.
• Delays in fund distribution affecting hospital reimbursements.
• Lack of awareness and accessibility in rural areas.

Tabular Summary:

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Over All Review

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