Daily Current Affairs March 03

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 03. 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 (Latest Edition) – CLICK HERE

March 03 | Daily Current Affairs 2025

Important Days – Daily Current Affairs March 03

1. World Wildlife Day is celebrated every year to commemorate the signing of which international agreement regulating trade in endangered species?
A) Paris Climate Agreement
B) Convention on Biological Diversity
C) Convention on International Trade in Endangered Species
D) Ramsar Convention
E) Montreal Protocol
Answer: C) Convention on International Trade in Endangered Species

Event and Location:

  • Event: Observance of World Wildlife Day 2026 highlighting the importance of medicinal and aromatic plants in conservation and sustainable livelihoods
  • Location: Global
  • Date: 3 March 2026

Mandates and Objectives:

  • Mandates: The United Nations observes World Wildlife Day annually to promote global awareness about protecting wildlife species, conserving biodiversity, regulating international trade of endangered species, and combating wildlife crime.
  • Objectives: The observance aims to highlight the ecological, cultural, and economic importance of wildlife and plant species, promote sustainable harvesting and legal trade practices, and encourage conservation of medicinal and aromatic plants that support healthcare systems, traditional knowledge, and rural livelihoods.

Important Terms Explained:

  • World Wildlife Day: An international observance proclaimed by the United Nations General Assembly to celebrate wild animals and plants and to raise awareness about the urgent need to conserve biodiversity.
  • Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES): A global agreement signed in 1973 that regulates international trade in endangered plants and animals to ensure that such trade does not threaten their survival in the wild.
  • Medicinal and Aromatic Plants: Plant species used for medicinal treatments, pharmaceuticals, herbal products, and aromatic oils, which are essential for traditional healthcare systems and sustainable rural economies.

Tabular Summary:

Parameter Details
Event name World Wildlife Day 2026
Announcement date 3 March 2026
Location Global
Issuing authority United Nations
Policy/series name World Wildlife Day Observance
Key figures UN member states and global conservation organizations
Purpose/reason Promote protection of wildlife, biodiversity conservation, and sustainable use of plant and animal species
Feature details Awareness campaigns, educational programs, exhibitions, and discussions on conservation and sustainable trade
Validity or status Observed annually on 3 March
Strategic/significant value Strengthens global conservation efforts and highlights the role of medicinal and aromatic plants in health and livelihoods

2. World Hearing Day is observed every year on which date to raise awareness about hearing loss and promote ear and hearing care?
A) 5 June
B) 7 April
C) 3 March
D) 24 October
E) 21 June
Answer: C) 3 March

Event and Location:

  • Event: Observance of World Hearing Day 2025 to raise awareness about hearing loss and promote ear and hearing care.
  • Location: Global.
  • Date: 3 March 2025.

Mandates and Objectives:

  • Mandates: World Hearing Day is organized annually by the World Health Organization (WHO) to raise global awareness about hearing loss, encourage preventive hearing care, and promote early detection and treatment of hearing-related conditions. The event involves awareness campaigns, educational activities, and public health initiatives across countries.
  • Objectives: The initiative aims to encourage individuals to adopt safe listening habits, promote early identification and rehabilitation for hearing loss, reduce stigma around hearing impairments, and strengthen global healthcare efforts to address hearing-related challenges.

Important Terms Explained:

  • World Hearing Day: A global health awareness day led by the World Health Organization (WHO) to highlight the importance of ear and hearing care and to prevent hearing loss worldwide.
  • Safe Listening Practices: Preventive measures such as limiting exposure to loud sounds, using protective equipment, maintaining safe volume levels for music devices, and regularly checking hearing health.
  • Hearing Rehabilitation: Medical and technological interventions such as hearing aids, cochlear implants, and therapy programs that help individuals with hearing loss improve communication and quality of life.

Tabular Summary:

Parameter Details
Event name World Hearing Day 2025
Announcement date 3 March 2025
Location Global
Issuing authority World Health Organization
Policy/series name Global hearing health awareness campaign
Key figures WHO health experts and global healthcare organizations
Purpose/reason Raise awareness about hearing loss and promote ear and hearing care
Feature details Awareness campaigns, safe listening advocacy, early detection initiatives
Validity or status Observed annually on 3 March
Strategic/significant value Encourages preventive healthcare and supports people with hearing impairments

3. The Bureau of Energy Efficiency (BEE), which celebrated its 25th Foundation Day in 2026, was established under which Act?
A) Electricity Act, 2003
B) Energy Conservation Act, 2001
C) Environment Protection Act, 1986
D) National Green Tribunal Act, 2010
E) Renewable Energy Development Act, 2005
Answer: B) Energy Conservation Act, 2001

Event and Location:

  • Event: Celebration of the 25th Foundation Day of the Bureau of Energy Efficiency (BEE) and launch of new digital initiatives.
  • Location: India Habitat Centre, New Delhi, India.
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: The Bureau of Energy Efficiency (BEE) celebrated its 25th Foundation Day, during which Union Power Minister Manohar Lal Khattar unveiled the BEE@25 commemorative logo, launched the BEE Star Label Mobile App, and introduced the Renewable Consumption Obligation (RCO) Portal to enhance monitoring and compliance for renewable energy consumption.
  • Objectives: The initiatives aim to strengthen India’s energy efficiency ecosystem, improve consumer awareness about energy-efficient appliances, promote digital transparency in renewable energy obligations, and support India’s climate goals through reduced energy consumption and increased adoption of non-fossil energy sources.

Important Terms Explained:

  • Bureau of Energy Efficiency (BEE): A statutory body under the Ministry of Power established under the Energy Conservation Act, 2001 to promote efficient use of energy and reduce energy intensity across sectors such as industry, buildings, transport, and appliances.
  • Renewable Consumption Obligation (RCO) Portal: A digital platform launched by BEE to monitor compliance with renewable energy consumption targets and improve transparency in reporting renewable energy usage.
  • Standards & Labelling (S&L) Programme: A program implemented by BEE that assigns star ratings to appliances based on their energy efficiency, helping consumers choose energy-efficient products.
  • Perform, Achieve and Trade (PAT) Scheme: A market-based mechanism implemented by BEE to improve energy efficiency in energy-intensive industries by setting energy reduction targets and allowing trading of efficiency certificates.

Tabular Summary:

Parameter Details
Event name 25th Foundation Day of Bureau of Energy Efficiency
Announcement date March 2026
Location India Habitat Centre, New Delhi
Issuing authority Ministry of Power / Bureau of Energy Efficiency
Policy/series name BEE@25 initiatives
Key figures Union Power Minister Manohar Lal Khattar
Purpose/reason Promote energy efficiency and strengthen renewable energy monitoring
Feature details Launch of BEE@25 logo, BEE Star Label Mobile App and RCO Portal
Validity or status 25 years of BEE’s operation since establishment in 2001
Strategic/significant value Supports India’s climate goals and energy conservation efforts

Sports – Daily Current Affairs March 03

4. The ASMITA Women’s Sports League announced in March 2026 aims to promote women’s participation in sports. What does ASMITA stand for?
A) Active Sports Mission for Indian Talented Athletes
B) Achieving Sports Milestone by Inspiring Women Through Action
C) Association for Sports Management and Training Activities
D) Alliance for Sports Mentoring and Talent Advancement
E) Accelerating Sports Movement for Indian Talented Athletes
Answer: B) Achieving Sports Milestone by Inspiring Women Through Action

Event and Location:

  • Event: Announcement of a special edition of the ASMITA Women’s Sports League 2026 to mark International Women’s Day.
  • Location: New Delhi, India.
  • Date: March 2026 (ahead of International Women’s Day on 8 March 2026).

Mandates and Objectives:

  • Mandates: Minister of State for Youth Affairs and Sports Raksha Nikhil Khadse announced a special edition of the ASMITA Women’s Sports League in New Delhi to promote women’s participation in sports at the grassroots level. The league will feature competitions in athletics events such as 100m, 200m, and 400m races across multiple age categories.
  • Objectives: The initiative aims to empower female athletes, increase sports participation among girls, identify and nurture young talent, and promote gender equality in sports while strengthening India’s sports culture in line with the government’s vision for inclusive sports development.

Important Terms Explained:

  • ASMITA Women’s Sports League: A sports initiative by the Ministry of Youth Affairs and Sports aimed at promoting participation of girls and women in sports competitions at the grassroots level.
  • International Women’s Day: A global observance celebrated annually on 8 March to recognize achievements of women and promote gender equality across social, economic, cultural, and political spheres.
  • Grassroots Sports Development: Programs designed to encourage sports participation at the school and community level, helping identify young talent and build a strong foundation for professional sports.

Tabular Summary:

Parameter Details
Event name Special edition of ASMITA Women’s Sports League 2026
Announcement date March 2026
Location New Delhi, India
Issuing authority Ministry of Youth Affairs and Sports
Policy/series name ASMITA Women’s Sports League
Key figures Raksha Nikhil Khadse
Purpose/reason Promote women’s participation in sports and celebrate International Women’s Day
Feature details Athletics events including 100m, 200m and 400m races across three age categories
Validity or status Special edition organized for International Women’s Day 2026
Strategic/significant value Encourages grassroots sports participation and women empowerment in India

Obituary – Daily Current Affairs March 03

5. K. P. Unnikrishnan, who passed away in March 2026, represented which Kerala constituency in the Lok Sabha six times?
A) Kozhikode
B) Kannur
C) Vadakara
D) Palakkad
E) Thrissur
Answer: C) Vadakara

Event and Location:

  • Event: Death of veteran Congress leader and former Union Minister K. P. Unnikrishnan, a six-time Lok Sabha MP.
  • Location: Kozhikode, Kerala, India.
  • Date: 3 March 2026.

Mandates and Objectives:

  • Mandates: Senior Congress leader K. P. Unnikrishnan passed away at the age of 89 in Kozhikode while undergoing treatment for age-related ailments. He served as a six-time Member of Parliament from Vadakara and held ministerial responsibilities in the V. P. Singh Cabinet, where he served as Union Minister for Surface Transport and Communications during 1989–1990.
  • Objectives: His political career focused on strengthening parliamentary democracy, improving national transport and communication infrastructure, and addressing national crises such as coordinating evacuation efforts of Indian citizens during the Gulf War.

Important Terms Explained:

  • Lok Sabha: The lower house of the Parliament of India, whose members are directly elected by the people. It plays a central role in lawmaking and government accountability.
  • Public Accounts Committee (PAC): A parliamentary committee responsible for examining the reports of the Comptroller and Auditor General (CAG) and ensuring accountability in government spending.
  • Gulf War Evacuation: During the 1990–1991 Gulf War, India conducted one of the largest civilian evacuation operations in history to bring back Indian nationals stranded in Kuwait and Iraq.

Tabular Summary:

Parameter Details
Event name Death of veteran politician K. P. Unnikrishnan
Announcement date 3 March 2026
Location Kozhikode, Kerala
Issuing authority Family sources and political leaders
Policy/series name Parliamentary career and national political service
Key figures K. P. Unnikrishnan; Prime Minister V. P. Singh
Purpose/reason Marked the passing of a senior Congress leader and six-time MP
Feature details Represented Vadakara six times and served as Union Minister for Surface Transport and Communications
Validity or status Veteran leader passed away at age 89
Strategic/significant value His leadership contributed to national transport policy and evacuation efforts during the Gulf War

Banking and Finance – Daily Current Affairs March 03

6. According to the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) during April–December 2025 was approximately what percentage of GDP?
A) 3%
B) 2.5%
C) 1%
D) 4%
E) 0.2%
Answer: C) 1%

Event and Location:

  • Event: Release of India’s Balance of Payments (BoP) report showing a decline in the Current Account Deficit (CAD).
  • Location: India.
  • Date: March 2026 (report covering April–December 2025).

Mandates and Objectives:

  • Mandates: The Reserve Bank of India (RBI) released data showing that India’s Current Account Deficit (CAD) narrowed to USD 30.1 billion (1% of GDP) during April–December 2025, compared with USD 36.6 billion in the same period of the previous year. The report highlighted trends in foreign direct investment (FDI), foreign portfolio investment (FPI), foreign exchange reserves, and services exports.
  • Objectives: The report aims to monitor India’s external sector stability, assess capital flows, evaluate the balance between exports and imports, and guide policy measures to maintain a sustainable Balance of Payments and stable foreign exchange environment.

Important Terms Explained:

  • Current Account Deficit (CAD): A situation where a country’s imports of goods, services, and transfers exceed its exports, indicating that the nation spends more foreign currency than it earns from the global economy.
  • Foreign Direct Investment (FDI): Long-term investment made by foreign entities in domestic businesses or infrastructure, providing stable capital inflows and supporting economic growth.
  • Foreign Portfolio Investment (FPI): Investments made by foreign investors in stocks, bonds, and financial assets of another country, which are generally more volatile and sensitive to global market conditions.
  • Balance of Payments (BoP): A comprehensive record of all economic transactions between a country and the rest of the world, including trade in goods and services, investments, and financial transfers.

Tabular Summary:

Parameter Details
Event name RBI report on India’s Current Account Deficit
Announcement date March 2026
Location India
Issuing authority Reserve Bank of India
Policy/series name Balance of Payments (BoP) Report 2025
Key figures CAD at USD 30.1 billion (1% of GDP)
Purpose/reason Monitor India’s external sector performance and capital flows
Feature details Rising FDI inflows, FPI outflows, growth in services exports, decline in forex reserves
Validity or status Data covers April–December 2025
Strategic/significant value Indicates improved external stability and stronger services export performance

Appointments – Daily Current Affairs March 03

7. Who assumed charge as the Director General of Naval Armament (DGONA) at Naval Headquarters in March 2026?
A) Divakar Jayant
B) B.P. Singh
C) R. Hari Kumar
D) Ajay Kumar
E) Anil Chauhan
Answer: B) B.P. Singh

Event and Location:

  • Event: Appointment of B.P. Singh as Director General of Naval Armament (DGONA) at Naval Headquarters.
  • Location: New Delhi, India.
  • Date: 1 March 2026.

Mandates and Objectives:

  • Mandates: B.P. Singh, a senior officer of the Indian Naval Armament Service (INAS) from the 1994 batch, assumed charge as Director General of Naval Armament (DGONA) at Naval Headquarters. He succeeded Divakar Jayant, who retired on 28 February 2026, and will oversee the management of naval weapon systems and ammunition logistics.
  • Objectives: The role aims to ensure operational readiness of the Indian Navy’s weapon systems, strengthen armament management, improve procurement and logistics of ammunition, and enhance safety, maintenance, and lifecycle support of naval armament systems across naval establishments.

Important Terms Explained:

  • Director General of Naval Armament (DGONA): The senior official responsible for overseeing procurement, storage, maintenance, and logistics of weapon systems and ammunition for the Indian Navy, ensuring operational readiness and safety of naval armament infrastructure.
  • Indian Naval Armament Service (INAS): A specialized civilian service under the Ministry of Defence responsible for the management, procurement, inspection, maintenance, and storage of armaments and ammunition used by the Indian Navy.
  • Naval Armament Depot (NAD): Facilities responsible for storing, maintaining, and supplying naval ammunition and weapon systems to ensure operational readiness of naval units.
  • National Defence College (NDC): India’s premier institution for advanced training in national security, strategic studies, and defence policy for senior military and civil service officers.

Tabular Summary:

Parameter Details
Event name Appointment of B.P. Singh as Director General of Naval Armament
Announcement date 1 March 2026
Location Naval Headquarters, New Delhi
Issuing authority Ministry of Defence / Indian Navy
Policy/series name Leadership transition in Naval Armament Organisation
Key figures B.P. Singh; predecessor Divakar Jayant
Purpose/reason Strengthen management of naval weapon systems and ammunition logistics
Feature details Over 30 years of experience in armament management, procurement, logistics and guided weapon systems
Validity or status Assumed office from 1 March 2026
Strategic/significant value Ensures operational readiness and lifecycle support for Indian Navy weapon systems

8. Saba Shawl, who was appointed as the first Kashmiri woman to head Central Jail Srinagar in 2026, cleared which examination to join the J&K Prisons Department?
A) Union Public Service Commission (UPSC)
B) Jammu and Kashmir Public Service Commission (JKPSC)
C) Staff Selection Commission (SSC)
D) Central Armed Police Forces Examination
E) State Civil Services Examination
Answer: B) Jammu and Kashmir Public Service Commission (JKPSC)

Event and Location:

  • Event: Appointment of Saba Shawl as the first Kashmiri woman to head Central Jail Srinagar.
  • Location: Srinagar, Jammu and Kashmir, India.
  • Date: 2 March 2026.

Mandates and Objectives:

  • Mandates: The Jammu and Kashmir Home Department issued a government order appointing Saba Shawl as the Superintendent of Central Jail Srinagar, a high-security correctional facility. Her appointment was part of a major administrative reshuffle within the J&K Prisons Department.
  • Objectives: The appointment aims to strengthen prison administration through experienced leadership while promoting gender representation in uniformed services. It also recognizes her administrative experience within the prisons department and her role in improving prison management and rehabilitation systems.

Important Terms Explained:

  • Central Jail Srinagar: A high-security correctional facility located in Srinagar, Jammu and Kashmir, responsible for housing inmates involved in serious crimes and ensuring strict prison administration.
  • Jammu and Kashmir Public Service Commission (JKPSC): A constitutional body responsible for conducting recruitment examinations and selecting candidates for various civil services and administrative posts in Jammu and Kashmir.
  • Prisons Department: A government department responsible for administration of prisons, inmate management, security, rehabilitation programs, and correctional services.

Tabular Summary:

Parameter Details
Event name Appointment of Saba Shawl as head of Central Jail Srinagar
Announcement date 2 March 2026
Location Srinagar, Jammu and Kashmir
Issuing authority J&K Home Department
Policy/series name Administrative reshuffle in J&K Prisons Department
Key figures Saba Shawl
Purpose/reason Strengthen prison administration and promote gender representation
Feature details First Kashmiri woman to head the high-security Central Jail Srinagar
Validity or status Appointed with immediate effect
Strategic/significant value Milestone for women officers in uniformed services in Jammu and Kashmir

9. Jio Platforms Limited appointed telecom veteran Dan Bailey as President to lead which key initiative?
A) Artificial Intelligence research
B) Global expansion strategy
C) Satellite broadband services
D) Digital payments operations
E) Semiconductor manufacturing
Answer: B) Global expansion strategy

Event and Location:

  • Event: Appointment of Dan Bailey as President of Jio Platforms Limited to lead international expansion.
  • Location: London (global operations base) and Mumbai, India (Jio headquarters).
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: Jio Platforms Limited appointed Dan Bailey, a telecom industry veteran with over 35 years of experience, as President to spearhead the company’s global expansion initiatives. He will be based in London and will report directly to Akash Ambani, Chairman of Reliance Jio Infocomm Limited.
  • Objectives: The appointment aims to strengthen Jio’s international presence, expand its telecom and digital platforms into global markets, build partnerships in the technology and telecom ecosystem, and drive strategic growth as the company moves into its next phase of global operations.

Important Terms Explained:

  • Jio Platforms Limited: A technology and digital services company under Reliance Industries Limited, responsible for operating Reliance Jio’s telecom network, digital platforms, and technology ecosystem.
  • Telecom Expansion Strategy: A business strategy where telecom companies expand their services into international markets by deploying telecom infrastructure, digital platforms, and partnerships.
  • TMT (Technology, Media & Telecom): A sector classification used in finance and investment banking that focuses on companies operating in technology, media, and telecommunications industries.

Tabular Summary:

Parameter Details
Event name Appointment of Dan Bailey as President of Jio Platforms
Announcement date March 2026
Location London (operational base)
Issuing authority Jio Platforms Limited
Policy/series name Global expansion strategy
Key figures Dan Bailey, Akash Ambani
Purpose/reason Strengthen Jio’s international telecom and digital business expansion
Feature details Bailey brings 35+ years of experience in telecom consulting and investment banking
Validity or status Appointment effective as part of Jio’s global growth phase
Strategic/significant value Positions Jio to expand digital and telecom services beyond India

 

International Affairs – Daily Current Affairs March 03

10. India and Canada launched a Strategic Energy Partnership and resumed negotiations for which agreement aimed at expanding bilateral trade to CAD 70 billion by 2030?
A) Comprehensive Strategic Partnership Agreement
B) Comprehensive Economic Partnership Agreement
C) Bilateral Trade Facilitation Agreement
D) Indo-Pacific Trade Partnership
E) Global Clean Energy Trade Pact
Answer: B) Comprehensive Economic Partnership Agreement

Event and Location:

  • Event: Announcement of the India–Canada Strategic Energy Partnership and revival of Comprehensive Economic Partnership Agreement (CEPA) negotiations to strengthen bilateral relations.
  • Location: India–Canada bilateral cooperation (Global / India visit of Canadian Prime Minister).
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: India and Canada issued a Joint Leaders Statement during Canadian Prime Minister Mark Carney’s visit to India, announcing cooperation across energy, trade, technology, education, and security sectors. The countries launched a Strategic Energy Partnership, signed multiple MoUs on critical minerals and clean energy, and restarted negotiations for the Comprehensive Economic Partnership Agreement (CEPA).
  • Objectives: The initiative aims to strengthen bilateral economic ties, expand energy cooperation including civil nuclear energy and LNG trade, build resilient supply chains for critical minerals, promote clean energy technologies, and increase bilateral trade to CAD 70 billion by 2030 while enhancing collaboration in technology, education, and Indo-Pacific security.

Important Terms Explained:

  • Strategic Energy Partnership: A bilateral cooperation framework between India and Canada focusing on collaboration in clean energy, conventional energy, civil nuclear energy, hydrogen, biofuels, battery storage, and critical minerals to strengthen energy security and sustainability.
  • Comprehensive Economic Partnership Agreement (CEPA): A proposed bilateral trade agreement aimed at reducing tariffs, facilitating investments, and enhancing economic cooperation to significantly increase trade between India and Canada.
  • G7 Critical Minerals Action Plan: A coordinated initiative among Group of Seven (G7) countries to secure supply chains for essential minerals used in clean energy technologies and advanced manufacturing.
  • International Solar Alliance (ISA): A global alliance initiated by India and France to promote solar energy deployment and reduce dependence on fossil fuels by facilitating solar technology adoption worldwide.

Tabular Summary:

Parameter Details
Event name India–Canada Strategic Energy Partnership and CEPA negotiations
Announcement date March 2026
Location India–Canada bilateral cooperation
Issuing authority Governments of India and Canada
Policy/series name Strategic Energy Partnership and Comprehensive Economic Partnership Agreement (CEPA)
Key figures Prime Minister Narendra Modi and Prime Minister Mark Carney
Purpose/reason Strengthen economic, energy, and technological cooperation between India and Canada
Feature details CAD 2.6 billion uranium supply agreement, clean energy and critical minerals MoUs, education and mobility initiatives, AI and space cooperation
Validity or status CEPA negotiations targeted to conclude by end of 2026
Strategic/significant value Aims to expand bilateral trade to CAD 70 billion by 2030 and strengthen Indo-Pacific cooperation

Schemes – Daily Current Affairs March 03

11. Project HANUMAN, launched in 2026 to address human–wildlife conflict, was announced by the Deputy Chief Minister of which state?
A) Telangana
B) Karnataka
C) Andhra Pradesh
D) Tamil Nadu
E) Odisha
Answer: C) Andhra Pradesh

Event and Location:

  • Event: Launch of Project HANUMAN to tackle human–wildlife conflict.
  • Location: Andhra Pradesh, India.
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: Deputy Chief Minister of Andhra Pradesh Pawan Kalyan launched Project HANUMAN to address rising human–wildlife conflict across vulnerable districts. The initiative introduces rapid response teams, technology-based monitoring systems, and coordinated efforts between forest officials and local communities.
  • Objectives: The project aims to reduce incidents of human–animal conflict, safeguard rural communities from wildlife encounters, protect wildlife species from retaliatory harm, improve early warning systems for animal movement, and promote coexistence between humans and wildlife through awareness and habitat management.

Important Terms Explained:

  • Project HANUMAN: A wildlife conflict mitigation initiative launched by the Andhra Pradesh government to reduce human–animal clashes using technology, rapid response teams, community awareness, and improved monitoring systems.
  • Human–Wildlife Conflict: Situations where interactions between humans and wildlife lead to crop damage, property loss, injury, or threats to human and animal life, often due to habitat loss and human expansion near forests.
  • Rapid Response Teams: Specialized teams formed by forest departments to quickly respond to wildlife intrusion incidents, rescue animals, and manage emergency situations to prevent conflict escalation.

Tabular Summary:

Parameter Details
Event name Launch of Project HANUMAN
Announcement date March 2026
Location Andhra Pradesh
Issuing authority Government of Andhra Pradesh
Policy/series name Project HANUMAN
Key figures Pawan Kalyan
Purpose/reason Reduce human–wildlife conflict and protect communities and wildlife
Feature details Rapid response teams, technology-based monitoring, community awareness programs
Validity or status Newly launched state initiative
Strategic/significant value Promotes coexistence strategies and strengthens wildlife conservation efforts

National Affairs – Daily Current Affairs March 03

12. Where was the India AI Impact Summit 2026 held, which resulted in a global declaration endorsed by 92 countries and AI investment commitments exceeding USD 200 billion?
A) Hyderabad
B) Mumbai
C) New Delhi
D) Bengaluru
E) Ahmedabad
Answer: C) New Delhi

Event and Location:

  • Event: India AI Impact Summit 2026, a global conference focusing on responsible, inclusive, and development-oriented artificial intelligence.
  • Location: Bharat Mandapam, New Delhi, India.
  • Date: 16–21 February 2026.

Mandates and Objectives:

  • Mandates: The India AI Impact Summit 2026 brought together governments, technology companies, international organizations, and researchers to discuss global governance of artificial intelligence. The summit witnessed the endorsement of the India AI Impact Summit Declaration by 92 countries, expansion of the IndiaAI Mission compute infrastructure, and announcements of more than USD 200 billion in AI-related investments.
  • Objectives: The summit aimed to position India as a global hub for responsible AI development, strengthen sovereign AI infrastructure through GPU expansion, promote inclusive and ethical AI adoption, foster international cooperation in AI governance, and accelerate innovation in AI applications across sectors such as healthcare, agriculture, education, and accessibility.

Important Terms Explained:

  • IndiaAI Mission: A Government of India initiative aimed at strengthening the country’s artificial intelligence ecosystem through investments in compute infrastructure, data platforms, research, startup support, and AI innovation.
  • India AI Impact Summit Declaration: A global framework endorsed by multiple countries to promote responsible AI development, international cooperation, democratic diffusion of AI technologies, and inclusive economic transformation through artificial intelligence.
  • Global AI Impact Commons: A collaborative platform showcasing real-world AI applications and impact stories across multiple countries to promote knowledge sharing and responsible innovation.
  • Trusted AI Commons: An international initiative launched with multiple partner countries to ensure trustworthy AI systems, focusing on transparency, accountability, and ethical use of artificial intelligence technologies.

Tabular Summary:

Parameter Details
Event name India AI Impact Summit 2026
Announcement date 16–21 February 2026
Location Bharat Mandapam, New Delhi, India
Issuing authority Government of India
Policy/series name India AI Impact Summit Declaration
Key figures Global AI leaders including Sundar Pichai and representatives from 92 countries
Purpose/reason Promote responsible AI development, global collaboration, and inclusive digital transformation
Feature details 6 lakh attendees, 850+ exhibitors, Guinness World Record for AI responsibility pledges, AI infrastructure expansion
Validity or status Ongoing global cooperation frameworks announced during the summit
Strategic/significant value Strengthens India’s position as a global hub for AI innovation and governance

13. The Bharat Steel 2026 summit, aimed at shaping the future of the global steel ecosystem and promoting sustainable industrial growth, will be held in which city?
A) Mumbai
B) Hyderabad
C) New Delhi
D) Kolkata
E) Chennai
Answer: C) New Delhi

Event and Location:

  • Event: Hosting of the Bharat Steel 2026 Summit, a global conference focused on the future of the steel industry and sustainable industrial development.
  • Location: New Delhi, India.
  • Date: 16–17 April 2026.

Mandates and Objectives:

  • Mandates: India will host the Bharat Steel 2026 Summit in New Delhi, bringing together leaders from global steel, mining, technology, and trading sectors. The summit will facilitate discussions among policymakers, industry leaders, and international stakeholders on strengthening the global steel ecosystem.
  • Objectives: The summit aims to promote sustainable and green steel production, encourage technological innovation in steel manufacturing, enhance global partnerships in raw materials and supply chains, and reinforce India’s position as a major global steel producer while supporting long-term industrial growth.

Important Terms Explained:

  • Bharat Steel 2026 Summit: A global industry summit hosted by India that brings together policymakers, companies, and international stakeholders to discuss the future of steel production, sustainability, and innovation in the steel sector.
  • Green Steel: Steel produced using low-carbon technologies such as hydrogen-based production, renewable energy, and energy-efficient manufacturing processes to reduce greenhouse gas emissions.
  • Steel Ecosystem: The interconnected network of industries including mining, raw material supply, steel production, technology providers, logistics, and trade that together support the steel sector.

Tabular Summary:

Parameter Details
Event name Bharat Steel 2026 Summit
Announcement date March 2026
Location New Delhi, India
Issuing authority Government of India
Policy/series name Global steel sector dialogue platform
Key figures Sudhakar Dalela and global steel industry leaders
Purpose/reason Promote sustainable industrial growth and strengthen the steel ecosystem
Feature details Participation from steel, mining, technology and trading companies worldwide
Validity or status Two-day summit scheduled from 16–17 April 2026
Strategic/significant value Supports India’s ambition to become a global steel hub and encourages green steel production

14. What is the total outlay of the Haryana Budget for the financial year 2026–27 presented by Chief Minister Nayab Singh Saini?
A) ₹1.95 lakh crore
B) ₹2.23 lakh crore
C) ₹2.75 lakh crore
D) ₹1.68 lakh crore
E) ₹3.10 lakh crore
Answer: B) ₹2.23 lakh crore

Event and Location:

  • Event: Presentation of the Haryana Budget 2026–27 by Chief Minister and Finance Minister Nayab Singh Saini.
  • Location: Haryana, India.
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: The Haryana Government presented the Budget 2026–27 with a total outlay of ₹2,23,658 crore, which is 10.28% higher than the revised estimate of ₹2,02,816 crore for 2025–26. The budget outlines fiscal management measures along with major initiatives in artificial intelligence, agriculture, women empowerment, water management, renewable energy, and industrial growth.
  • Objectives: The budget aims to strengthen Haryana’s economy, promote digital governance through AI initiatives, support farmers with crop incentives and organic farming grants, enhance women’s welfare and health programs, improve water conservation and environmental sustainability, and expand industrial development while maintaining fiscal discipline with a deficit of 2.65% of GSDP.

Important Terms Explained:

  • Haryana AI Mission 2026: A state government initiative with an allocation of ₹474 crore to promote artificial intelligence adoption, train 1 lakh youth in AI, and integrate AI-based solutions into government services and governance systems.
  • Water Secure Haryana Project: A large-scale water management program with ₹5,715 crore allocation aimed at improving water security, reducing pollution in the Yamuna River, and promoting sustainable water management.
  • Fiscal Deficit: The difference between a government’s total expenditure and total revenue (excluding borrowings), indicating how much the government needs to borrow to meet its spending requirements.
  • Haryana Agri Discom: A proposed third electricity distribution company dedicated to agricultural consumers to improve electricity supply efficiency across agricultural feeders in Haryana.

Tabular Summary:

Parameter Details
Event name Haryana Budget 2026–27
Announcement date March 2026
Location Haryana
Issuing authority Government of Haryana
Policy/series name State Budget 2026–27
Key figures Nayab Singh Saini
Purpose/reason Strengthen economic growth and promote technology, agriculture and welfare schemes
Feature details ₹474 crore Haryana AI Mission, ₹5,715 crore Water Secure Haryana Project, farmer incentives and women welfare schemes
Validity or status Financial Year 2026–27
Strategic/significant value Focus on AI-driven governance, sustainable agriculture and industrial development

15. The Central Warehousing Corporation (CWC), which celebrated its 70th Foundation Day in March 2026, operates under which ministry?
A) Ministry of Agriculture and Farmers Welfare
B) Ministry of Consumer Affairs, Food & Public Distribution
C) Ministry of Commerce and Industry
D) Ministry of Food Processing Industries
E) Ministry of Rural Development
Answer: B) Ministry of Consumer Affairs, Food & Public Distribution

Event and Location:

  • Event: Celebration of the 70th Foundation Day of the Central Warehousing Corporation (CWC).
  • Location: Bharat Mandapam, New Delhi, India.
  • Date: 2 March 2026.

Mandates and Objectives:

  • Mandates: The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day in New Delhi, attended by Union Minister Pralhad Joshi and Minister of State B. L. Verma. The event highlighted CWC’s contribution to India’s food security system, logistics infrastructure, and storage facilities for agricultural commodities.
  • Objectives: The celebration aimed to recognize the organization’s role in supporting food grain storage and logistics networks, encourage modernization and digital transformation in warehousing, and outline future plans including the proposal to transform CWC into a company with expanded operational scope.

Important Terms Explained:

  • Central Warehousing Corporation (CWC): A Central Public Sector Enterprise (CPSE) established in 1957 to provide scientific storage and logistics services for agricultural produce and other commodities across India.
  • Scientific Storage: A storage system that uses modern infrastructure and technology to preserve agricultural commodities and prevent losses caused by pests, moisture, and spoilage.
  • Buffer Food Stocks: Strategic reserves of food grains maintained by the government to ensure food security and price stability, especially during shortages or emergencies.

Tabular Summary:

Parameter Details
Event name 70th Foundation Day of Central Warehousing Corporation
Announcement date 2 March 2026
Location Bharat Mandapam, New Delhi
Issuing authority Central Warehousing Corporation
Policy/series name 70th Foundation Day Celebration
Key figures Union Minister Pralhad Joshi, MoS B. L. Verma
Purpose/reason Celebrate 70 years of CWC’s contribution to food security and logistics
Feature details Record turnover of ₹2,776.88 crore and proposal to transform CWC into a company
Validity or status Foundation Day celebration marking seven decades of service
Strategic/significant value Strengthens India’s food storage, logistics infrastructure, and supply chain efficiency

16. Tamil Nadu’s first Dark Sky Park, launched to promote astro-tourism and reduce light pollution, is located in which district?
A) Salem
B) Namakkal
C) Coimbatore
D) Nilgiris
E) Madurai
Answer: B) Namakkal

Event and Location:

  • Event: Launch of Tamil Nadu’s first Dark Sky Park to promote astro-tourism and night-sky conservation.
  • Location: Ariyur Shola Forest, Kolli Hills, Namakkal district, Tamil Nadu, India.
  • Date: March 2026.

Mandates and Objectives:

  • Mandates: The Tamil Nadu Forest Department established the state’s first Dark Sky Park at Ariyur Shola Forest in Kolli Hills, developed at a cost of ₹1 crore. The facility includes advanced telescopes, solar-powered infrastructure, and organized stargazing camps for astronomical observation.
  • Objectives: The project aims to protect natural night skies from light pollution, promote sustainable astro-tourism, enhance public awareness of astronomy and environmental conservation, and support local livelihoods through responsible tourism.

Important Terms Explained:

  • Dark Sky Park: A protected natural area recognized for its minimal artificial light pollution, allowing clear visibility of stars, planets, and other celestial objects while preserving the natural night environment.
  • Light Pollution: Excessive or misdirected artificial lighting that brightens the night sky and reduces the visibility of celestial bodies while affecting wildlife and ecosystems.
  • Astro-Tourism: A form of tourism focused on astronomy-related experiences such as stargazing, celestial observation, and educational programs related to space science.

Tabular Summary:

Parameter Details
Event name Launch of Tamil Nadu’s first Dark Sky Park
Announcement date March 2026
Location Ariyur Shola Forest, Kolli Hills, Namakkal district
Issuing authority Tamil Nadu Forest Department
Policy/series name Dark Sky Park initiative
Key figures Forest Secretary Supriya Sahu
Purpose/reason Protect natural night skies and promote astro-tourism
Feature details Three telescopes, solar power systems, stargazing camps and educational programs
Validity or status Operational as Tamil Nadu’s first Dark Sky Park
Strategic/significant value Supports night-sky conservation, scientific awareness and eco-tourism development


Over All Review

Important Days

  • World Wildlife Day is observed globally on 3 March each year to promote conservation of wildlife and biodiversity.
  • World Hearing Day is observed globally every year on 3 March to promote ear and hearing care awareness.
  • The Bureau of Energy Efficiency (BEE) celebrated its 25th Foundation Day at India Habitat Centre in New Delhi.

Sports 

  • The ASMITA Women’s Sports League 2026 special edition was announced by MoS for Youth Affairs and Sports Raksha Nikhil Khadse in New Delhi.

Obituary

  • Veteran Congress leader K. P. Unnikrishnan passed away at the age of 89 in Kozhikode, Kerala, in March 2026.

Banking and Finance 

  • The Reserve Bank of India (RBI) reported that India’s Current Account Deficit (CAD) narrowed to USD 30.1 billion during April–December 2025.

Appointments

  • B.P. Singh assumed charge as Director General of Naval Armament (DGONA) at Naval Headquarters in New Delhi on 1 March 2026.
  • Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar.
  • Jio Platforms Limited appointed Dan Bailey as President to lead its global expansion initiatives.

International Affairs

  • India and Canada announced a Strategic Energy Partnership during Canadian Prime Minister Mark Carney’s visit to India in March 2026.

Schemes

  • Project HANUMAN was launched by Andhra Pradesh Deputy Chief Minister Pawan Kalyan to address rising human–wildlife conflict.

National Affairs

  • The India AI Impact Summit 2026 was held at Bharat Mandapam in New Delhi from 16 to 21 February 2026.
  • India will host the Bharat Steel 2026 Summit in New Delhi on 16–17 April 2026.
  • The Haryana Budget 2026–27 presented by Chief Minister Nayab Singh Saini has a total outlay of ₹2.23 lakh crore.
  • The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day on 2 March 2026 in New Delhi.
  • Tamil Nadu’s first Dark Sky Park has been established at Ariyur Shola Forest in Kolli Hills, Namakkal district.

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs March 02

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