Daily Current Affairs February 28 & March 01

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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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February 28 & March 01 | Daily Current Affairs 2025

Important Days – Daily Current Affairs February 28 & March 01

1. National Science Day is observed in India every year on which date?
A) 26 January
B) 15 August
C) 28 February
D) 5 June
E) 14 November
Answer: C) 28 February

Event and Location:

• Event: National Science Day 2026 observed to honour the discovery of the Raman Effect by Sir C. V. Raman
• Location: India
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: National Science Day is observed annually to commemorate the discovery of the Raman Effect on 28 February 1928 and to celebrate scientific achievements through exhibitions, seminars, competitions, and awards across educational and research institutions.
• Objectives: The day aims to promote scientific temper, encourage innovation and research culture, recognize contributions of Indian scientists, and support India’s vision of becoming a developed and self-reliant nation under the theme Women in Science: Catalysing Viksit Bharat.

Important Terms Explained:

• Raman Effect: A scientific phenomenon discovered by Sir C. V. Raman on 28 February 1928 that explains the scattering of light when it passes through a transparent medium, leading to a change in wavelength.
• Nobel Prize in Physics: An international award given annually for outstanding contributions in physics, awarded to C. V. Raman in 1930, making him the first Asian Nobel laureate in science.
• Women in Science: Catalysing Viksit Bharat: The 2026 theme of National Science Day highlighting the leadership and contributions of women in STEM fields toward building a developed India.
• STEM: An acronym for Science, Technology, Engineering, and Mathematics, representing key sectors essential for innovation and economic growth.
• International Day of Women and Girls in Science: A United Nations–recognized day observed on 11 February to promote full and equal participation of women and girls in science.

Tabular Summary:

Parameter	Details
Event name	National Science Day 2026
Announcement date	28 February 2026
Location	India
Issuing authority	Government of India
Policy/series name	National Science Day
Key figures	Sir C. V. Raman
Purpose/reason	To commemorate the discovery of the Raman Effect
Feature details	Science exhibitions, seminars, quizzes, workshops, awards
Validity or status	Observed annually on 28 February since 1986
Strategic/significant value	Promotes scientific temper and supports India’s innovation-driven development vision

 

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Sports – Daily Current Affairs February 28 & March 01

2. Jammu and Kashmir won the Ranji Trophy 2025-26 by defeating which team in the final?
A) Mumbai
B) Delhi
C) Vidarbha
D) Karnataka
E) Punjab
Answer: D) Karnataka

Event and Location:

• Event: Jammu and Kashmir won the Ranji Trophy 2025-26 in their maiden final appearance
• Location: KSCA Cricket Stadium, Hubballi, Karnataka
• Date: February 2026

Mandates and Objectives:

• Mandates: Jammu and Kashmir competed in their first-ever Ranji Trophy final and secured the championship title by taking a decisive 291-run first-innings lead against Karnataka.
• Objectives: The victory aimed to establish Jammu and Kashmir’s presence in Indian domestic cricket, demonstrate competitive excellence at the national level, and inspire emerging cricket talent from the region.

Important Terms Explained:

• Ranji Trophy: India’s premier domestic first-class cricket tournament, started in 1934-35 and named after Maharaja Ranjitsinhji.
• First-Innings Lead: In multi-day cricket matches, the team scoring more runs in the first innings gains a lead, which can determine the winner in case of a draw.
• Maiden Final Appearance: The first time a team qualifies to play in the final of a tournament.
• Five-Wicket Haul (Fifer): When a bowler takes five wickets in a single innings.

Tabular Summary:

Parameter	Details
Event name	Ranji Trophy 2025-26 Final
Announcement date	February 2026
Location	Hubballi, Karnataka
Issuing authority	BCCI
Policy/series name	Ranji Trophy 2025-26
Key figures	Paras Dogra, Shubham Pundir, Aquib Nabi Dar
Purpose/reason	Determine India’s domestic first-class cricket champion
Feature details	J&K scored 584 runs, secured 291-run first-innings lead
Validity or status	Jammu and Kashmir won in maiden final appearance
Strategic/significant value	Became 10th team in 92 years to win Ranji Trophy in debut final

 

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3. The Level 1 Stand below the Press Box at Wankhede Stadium has been named after which former India captain?
A) Kapil Dev
B) Sunil Gavaskar
C) Ravi Shastri
D) Sourav Ganguly
E) Anil Kumble
Answer: C) Ravi Shastri

Event and Location:

• Event: Naming of a stand and three gates at Wankhede Stadium after cricket legends
• Location: Mumbai, Maharashtra, India
• Date: 27 February 2026

Mandates and Objectives:

• Mandates: The Mumbai Cricket Association (MCA) approved naming the Level 1 Stand below the Press Box after Ravi Shastri and renaming three stadium gates after Dilip Sardesai, Eknath Solkar, and Diana Edulji.
• Objectives: The decision aims to honour the contributions of Mumbai’s cricketing legends, preserve the city’s rich cricket heritage, and inspire future generations of cricketers by commemorating iconic figures of Indian cricket.

Important Terms Explained:

• Mumbai Cricket Association (MCA): The governing body responsible for the administration and promotion of cricket in Mumbai and management of Wankhede Stadium.
• Wankhede Stadium: An international cricket stadium in Mumbai, established in 1974, known for hosting major matches including the 2011 ICC Cricket World Cup Final.
• Apex Council: The top decision-making body within the MCA responsible for administrative and policy approvals.
• ICC Cricket World Cup Final 2011: The championship match held at Wankhede Stadium where India defeated Sri Lanka to win the World Cup.

Tabular Summary:

Parameter	Details
Event name	Naming of Ravi Shastri Stand at Wankhede Stadium
Announcement date	27 February 2026
Location	Mumbai, Maharashtra
Issuing authority	Mumbai Cricket Association
Policy/series name	Stadium Renaming Initiative
Key figures	Ravi Shastri, Dilip Sardesai, Eknath Solkar, Diana Edulji
Purpose/reason	Honour cricketing contributions of Mumbai legends
Feature details	Level 1 Stand named after Shastri, Gates 3, 5 and 6 renamed
Validity or status	Approved by MCA Apex Council
Strategic/significant value	Preserves Mumbai’s cricket heritage and legacy

 

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Obituary – Daily Current Affairs February 28 & March 01

4. T.K. Oommen was awarded which civilian honour in 2008 for his contribution to sociology?
A) Padma Shri
B) Bharat Ratna
C) Padma Bhushan
D) Padma Vibhushan
E) Sahitya Akademi Award
Answer: C) Padma Bhushan

Event and Location:

• Event: Demise of eminent sociologist T.K. Oommen, Professor Emeritus at Jawaharlal Nehru University (JNU)
• Location: Gurugram, Haryana, India
• Date: 26 February 2026

Mandates and Objectives:

• Mandates: The announcement marks the passing of T.K. Oommen at the age of 88, recognizing his lifelong contributions to sociology, social justice, pluralism, and public policy engagement.
• Objectives: His work aimed to connect sociological theory with real-world social challenges, promote pluralism and civil society, examine state-ethnicity relations, and contribute to inclusive policy frameworks in India.

Important Terms Explained:

• Pluralism: A sociological concept advocating coexistence of diverse social, cultural, and religious groups within a society while maintaining national unity.
• Bhoodan Movement: A voluntary land reform movement initiated by Vinoba Bhave in 1951 encouraging landowners to donate land to the landless.
• International Sociological Association (ISA): A global organization that promotes sociological research and international academic collaboration.
• Sachar Committee: A high-level committee constituted in 2005 to study the socio-economic and educational status of Muslims in India.
• Professor Emeritus: An honorary academic title conferred upon retired professors in recognition of distinguished service and scholarship.

Tabular Summary:

Parameter	Details
Event name	Demise of T.K. Oommen
Announcement date	26 February 2026
Location	Gurugram, Haryana
Issuing authority	Academic and public reports
Policy/series name	Not applicable
Key figures	T.K. Oommen
Purpose/reason	To acknowledge his contributions to modern Indian sociology
Feature details	Scholar of pluralism, Bhoodan Movement, state-ethnicity relations, former ISA President
Validity or status	Passed away at age 88
Strategic/significant value	Strengthened sociology’s role in public policy and social justice discourse in India

 

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Business and Economy – Daily Current Affairs February 28 & March 01

5. India’s GDP growth in Q3FY26 under the new 2022-23 base year series was recorded at:
A) 6.9%
B) 7.2%
C) 7.8%
D) 8.4%
E) 9.1%
Answer: C) 7.8%

Event and Location:

• Event: Release of India’s Q3FY26 GDP data under the new 2022-23 base year GDP series
• Location: India
• Date: 27 February 2026

Mandates and Objectives:

• Mandates: The Ministry of Statistics and Programme Implementation (MoSPI) released updated GDP estimates for Q3FY26 and revised full-year FY26 projections under the new 2022-23 base year series, replacing the 2011-12 base year.
• Objectives: The revision aims to improve accuracy through updated data sources, enhanced methodology, better sectoral coverage, and to reflect structural changes in the Indian economy while presenting a more realistic growth assessment.

Important Terms Explained:

• Gross Domestic Product (GDP): The total monetary value of all final goods and services produced within a country during a specific period.
• Real GDP: GDP measured at constant prices to remove the effect of inflation and reflect actual growth in output.
• Nominal GDP: GDP measured at current market prices without adjusting for inflation.
• Gross Value Added (GVA): A measure of sector-wise economic output that indicates the value added by different sectors of the economy.
• Private Final Consumption Expenditure (PFCE): Household spending on goods and services, representing domestic consumption demand.
• Gross Fixed Capital Formation (GFCF): Investment in fixed assets such as infrastructure, machinery, and equipment, indicating capital formation in the economy.
• Base Year: The reference year used to compare economic data over time, updated to reflect current economic structure and price levels.

Tabular Summary:

Parameter	Details
Event name	Q3FY26 GDP Data Release under New Base Year
Announcement date	27 February 2026
Location	India
Issuing authority	Ministry of Statistics and Programme Implementation
Policy/series name	GDP Series with 2022-23 Base Year
Key figures	Q3FY26 growth 7.8%, FY26 projection 7.6%
Purpose/reason	To provide updated and accurate economic growth estimates
Feature details	Real GDP ₹84.54 trillion in Q3FY26, Nominal GDP ₹90.91 trillion, Strong GVA growth
Validity or status	Applicable for FY26 estimates and future GDP calculations
Strategic/significant value	Reflects structural economic changes and reinforces India’s position as a fast-growing major economy

 

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6. India’s fiscal deficit as of January 2026 stood at what percentage of the FY26 target according to CGA data?
A) 58%
B) 63%
C) 70%
D) 74.5%
E) 79.5%
Answer: B) 63%

Event and Location:

• Event: Release of fiscal deficit data showing ₹9.8 trillion deficit by January-end FY26
• Location: India
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: The Controller General of Accounts (CGA) released monthly fiscal data indicating that India’s fiscal deficit reached ₹9.8 trillion, accounting for 63% of the FY26 annual target of ₹15.58 trillion.
• Objectives: The fiscal data aims to monitor government revenue and expenditure trends, ensure fiscal consolidation, maintain the projected fiscal deficit target of 4.4% of GDP for FY26, and promote responsible debt and expenditure management.

Important Terms Explained:

• Fiscal Deficit: The gap between the government’s total expenditure and its total revenue excluding borrowings, indicating the amount the government needs to borrow.
• Revised Estimate (RE): Updated budget estimates made during the financial year to reflect more accurate revenue and expenditure projections.
• Revenue Expenditure: Government spending on routine items such as salaries, subsidies, pensions, and interest payments that do not create assets.
• Capital Expenditure: Government spending on asset creation such as infrastructure, roads, railways, and long-term development projects.
• Tax Devolution: The transfer of a share of central taxes to state governments as recommended by the Finance Commission.

Tabular Summary:

Parameter	Details
Event name	Fiscal Deficit Data Release FY26
Announcement date	January-end data released on 28 February 2026
Location	India
Issuing authority	Controller General of Accounts
Policy/series name	FY2025-26 Fiscal Monitoring
Key figures	₹9.8 trillion deficit, 63% of annual target
Purpose/reason	To track fiscal consolidation and budget performance
Feature details	Total receipts ₹27.08 trillion, expenditure ₹36.9 trillion, tax devolution ₹11.39 trillion
Validity or status	Covers April 2025 to January 2026 period
Strategic/significant value	Indicates progress toward 4.4% fiscal deficit target and improved fiscal discipline

 

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Appointments – Daily Current Affairs February 28 & March 01

7. Ayatollah Alireza Arafi was appointed as part of a temporary Leadership Council following the death of which Iranian Supreme Leader?
A) Hassan Rouhani
B) Mahmoud Ahmadinejad
C) Ruhollah Khomeini
D) Ali Khamenei
E) Ebrahim Raisi
Answer: D) Ali Khamenei

Event and Location:

• Event: Appointment of Ayatollah Alireza Arafi as jurist member of Iran’s temporary Leadership Council
• Location: Iran
• Date: 1 March 2026

Mandates and Objectives:

• Mandates: Following the death of Supreme Leader Ayatollah Ali Khamenei, a three-member Leadership Council was constituted, including Alireza Arafi, President Masoud Pezeshkian, and Chief Justice Gholamhossein Mohseni Ejei, to temporarily discharge the duties of the Supreme Leader.
• Objectives: The arrangement ensures continuity of governance, maintains constitutional stability, and facilitates the formal selection of a new Supreme Leader by the Assembly of Experts during a sensitive political transition.

Important Terms Explained:

• Supreme Leader of Iran: The highest authority in Iran’s political system, serving as commander-in-chief of the armed forces and holding ultimate control over foreign policy, judiciary, and major state institutions.
• Leadership Council: A temporary three-member constitutional body that assumes the duties of the Supreme Leader in case of vacancy until a successor is elected.
• Assembly of Experts: An 88-member clerical body elected by popular vote, responsible for appointing and supervising the Supreme Leader.
• Guardian Council: A constitutional body that vets candidates for elections and ensures laws comply with Islamic principles and the constitution.
• Islamic Revolutionary Guard Corps (IRGC): An elite branch of Iran’s armed forces responsible for safeguarding the Islamic Republic and overseeing regional security operations.

Tabular Summary:

Parameter	Details
Event name	Appointment of Interim Leadership Council in Iran
Announcement date	1 March 2026
Location	Iran
Issuing authority	Iranian constitutional process
Policy/series name	Supreme Leader Succession Process
Key figures	Alireza Arafi, Masoud Pezeshkian, Gholamhossein Mohseni Ejei
Purpose/reason	Ensure continuity after death of Ali Khamenei
Feature details	Three-member council assumes temporary duties
Validity or status	Interim arrangement until new Supreme Leader is elected
Strategic/significant value	Marks only the third leadership transition since 1979 Revolution

 

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Science and Technology – Daily Current Affairs February 28 & March 01

8. The nationwide HPV vaccination drive launched by PM Narendra Modi primarily targets which age group?
A) Girls aged 5 years
B) Girls aged 10 years
C) Girls aged 14 years
D) Women aged 18 years
E) Women aged 21 years
Answer: C) Girls aged 14 years

Event and Location:

• Event: Launch of nationwide HPV vaccination drive and inauguration of development projects worth ₹16,680 crore
• Location: Ajmer, Rajasthan, India
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: The Government of India launched a nationwide vaccination campaign targeting 14-year-old girls to prevent cervical cancer and inaugurated development projects across highways, drinking water, irrigation, energy, and industrial infrastructure sectors in Rajasthan.
• Objectives: The health initiative aims to reduce cervical cancer incidence through early immunization against Human Papillomavirus (HPV), while the infrastructure projects aim to improve connectivity, water security, energy transmission, and employment generation in Rajasthan.

Important Terms Explained:

• Human Papillomavirus (HPV): A group of viruses that can cause cervical cancer and other diseases, preventable through timely vaccination.
• Cervical Cancer: A type of cancer affecting the cervix, primarily caused by persistent HPV infection, and one of the leading causes of cancer-related deaths among women.
• Amritsar-Jamnagar Economic Corridor: A major infrastructure corridor aimed at improving freight movement and boosting economic connectivity across states.
• Delhi-Vadodara Expressway: A high-speed expressway project designed to reduce travel time and enhance logistics efficiency between Delhi and Gujarat.
• Greenfield Expressway: A newly constructed highway built on undeveloped land to improve regional connectivity.

Tabular Summary:

Parameter	Details
Event name	Launch of HPV Vaccination Drive and Rajasthan Development Projects
Announcement date	28 February 2026
Location	Ajmer, Rajasthan
Issuing authority	Government of India
Policy/series name	Nationwide HPV Vaccination Campaign
Key figures	PM Narendra Modi
Purpose/reason	Prevent cervical cancer and boost state infrastructure
Feature details	Vaccination for 14-year-old girls, ₹16,680 crore projects in highways, water, energy and irrigation
Validity or status	Nationwide rollout initiated
Strategic/significant value	Strengthens preventive healthcare and accelerates infrastructure-led development

 

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Defence – Daily Current Affairs February 28 & March 01

9. INS Anjadip, commissioned by the Indian Navy, belongs to which project category?
A) Guided Missile Destroyer
B) Aircraft Carrier Program
C) ASW Shallow Water Craft
D) Nuclear Submarine Fleet
E) Offshore Patrol Vessel
Answer: C) ASW Shallow Water Craft

Event and Location:

• Event: Commissioning of INS Anjadip, the third ASW Shallow Water Craft (ASW-SWC)
• Location: Chennai Port, India
• Date: 27 February 2026

Mandates and Objectives:

• Mandates: The Indian Navy commissioned INS Anjadip to enhance anti-submarine warfare capabilities, strengthen coastal surveillance, and improve maritime security in shallow waters.
• Objectives: The vessel aims to detect and neutralise enemy submarines, boost near-shore combat readiness, support search and rescue operations, and advance indigenous shipbuilding under the Aatmanirbhar Bharat initiative.

Important Terms Explained:

• INS Anjadip: The third Anti-Submarine Warfare Shallow Water Craft commissioned into the Indian Navy, named after Anjadip Island near Karwar.
• ASW Shallow Water Craft (ASW-SWC): Specialized naval vessels designed to detect and destroy submarines operating in shallow coastal waters.
• Hull-Mounted Sonar ‘Abhay’: An advanced sonar system fitted on the ship’s hull that uses acoustic signals to detect underwater submarines.
• Water-Jet Propulsion: A propulsion system that uses high-speed water jets instead of traditional propellers, enabling better manoeuvrability and shallow-water operations.
• Operation Chutney: A naval operation conducted in December 1961 that contributed to the liberation of Goa from Portuguese rule.
• Aatmanirbhar Bharat: Government initiative aimed at promoting self-reliance and indigenous manufacturing across sectors, including defense production.

Tabular Summary:

Parameter	Details
Event name	Commissioning of INS Anjadip
Announcement date	27 February 2026
Location	Chennai Port
Issuing authority	Indian Navy
Policy/series name	ASW Shallow Water Craft Project
Key figures	Admiral Dinesh K. Tripathi
Purpose/reason	Strengthen anti-submarine warfare and coastal surveillance
Feature details	77-metre vessel, hull-mounted sonar Abhay, water-jet propulsion, ASW rockets and torpedoes
Validity or status	Third ship under eight-vessel ASW-SWC programme
Strategic/significant value	Enhances shallow-water defense and supports indigenous naval modernization

 

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10. The indigenously developed VSHORADS missile system tested by DRDO is designed primarily for:
A) Long-range ballistic missile interception
B) Naval submarine warfare
C) Very short-range air defence
D) Satellite launch missions
E) Strategic nuclear deterrence
Answer: C) Very short-range air defence

Event and Location:

• Event: Successful flight trials of indigenous VSHORADS (Very Short Range Air Defence System) missile
• Location: Integrated Test Range, Chandipur, Odisha, India
• Date: 27 February 2026

Mandates and Objectives:

• Mandates: The Defence Research and Development Organisation (DRDO) conducted three consecutive flight trials of the VSHORADS missile in final deployment configuration to validate its operational readiness and interception capability against high-speed aerial threats.
• Objectives: The trials aimed to revalidate the system’s effectiveness across varying ranges and altitudes, strengthen India’s short-range air defence network, and prepare the system for induction into the Indian armed forces under the Aatmanirbhar Bharat initiative.

Important Terms Explained:

• VSHORADS (Very Short Range Air Defence System): A man-portable air defence missile system designed to neutralise low-flying aircraft, helicopters, drones, and other aerial threats at short ranges.
• MANPADS (Man-Portable Air Defence System): Lightweight, shoulder-fired missile systems used by ground forces to target aerial threats.
• Defence Research and Development Organisation (DRDO): India’s premier defence research agency responsible for developing advanced military technologies.
• Research Centre Imarat (RCI): A DRDO laboratory involved in missile system design, guidance, and avionics development.
• Integrated Test Range (ITR), Chandipur: A missile testing facility located in Odisha used for conducting flight trials of defence systems.
• Aatmanirbhar Bharat: Government initiative promoting self-reliance and indigenous production in strategic sectors including defence.

Tabular Summary:

Parameter	Details
Event name	Successful Trials of VSHORADS Missile
Announcement date	27 February 2026
Location	Chandipur, Odisha
Issuing authority	DRDO
Policy/series name	Indigenous VSHORADS Development Programme
Key figures	DRDO Chairman Samir V. Kamat, Defence Minister Rajnath Singh
Purpose/reason	Validate interception capability against high-speed aerial threats
Feature details	Three successful flight trials, man-portable system, final deployment configuration
Validity or status	Ready for induction into Indian armed forces
Strategic/significant value	Strengthens India’s layered air defence and indigenous defence capability

 

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11. Exercise Vayu Shakti 2026 was conducted at which location?
A) Jaisalmer Air Base
B) Pokhran Field Firing Range
C) Pathankot Air Station
D) Leh Air Base
E) Bikaner Airfield
Answer: B) Pokhran Field Firing Range

Event and Location:

• Event: Conduct of Exercise Vayu Shakti 2026 showcasing Indian Air Force combat capabilities
• Location: Pokhran Field Firing Range, Rajasthan, near India–Pakistan border
• Date: February 2026

Mandates and Objectives:

• Mandates: The Indian Air Force (IAF) conducted a large-scale day-to-night firepower demonstration involving fighter aircraft, helicopters, and air defence systems to simulate real battlefield scenarios.
• Objectives: The exercise aimed to validate precision strike capability, demonstrate integrated air defence operations, enhance multi-platform combat coordination, and reinforce operational readiness along the western frontier.

Important Terms Explained:

• Exercise Vayu Shakti: A periodic firepower demonstration conducted by the Indian Air Force to showcase operational preparedness and combat capability.
• Akash Missile System: An indigenously developed surface-to-air missile system designed to intercept aerial threats at short to medium ranges.
• Sukhoi Su-30MKI: A twin-engine multirole fighter aircraft forming the backbone of the IAF’s combat fleet.
• SEPECAT Jaguar: A deep penetration strike aircraft used for ground attack missions.
  Dassault Mirage 2000: A multirole fighter aircraft known for precision strike capability.
• AH-64E Apache: An advanced attack helicopter used for close air support and anti-armour operations.

Tabular Summary:

Parameter	Details
Event name	Exercise Vayu Shakti 2026
Announcement date	February 2026
Location	Pokhran Field Firing Range, Rajasthan
Issuing authority	Indian Air Force
Policy/series name	Vayu Shakti Firepower Exercise
Key figures	President Droupadi Murmu
Purpose/reason	Demonstrate precision strike and air defence capability
Feature details	Sukhoi-30, Jaguar, Mirage 2000, Apache helicopters, Akash missile system
Validity or status	Periodic operational readiness exercise
Strategic/significant value	Strengthens deterrence and combat preparedness near western border

 

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International Affairs – Daily Current Affairs February 28 & March 01

12. The Sovereign Financial Cloud Services Infrastructure (SFCSI) was launched by which institution?
A) Ministry of Finance UAE
B) Dubai International Financial Centre
C) Central Bank of the UAE
D) Abu Dhabi Investment Authority
E) World Bank
Answer: C) Central Bank of the UAE

Event and Location:

• Event: Launch of the world’s first Sovereign Financial Cloud Services Infrastructure (SFCSI) powered by AI
• Location: United Arab Emirates
• Date: 27 February 2026

Mandates and Objectives:

• Mandates: The Central Bank of the United Arab Emirates (CBUAE) launched the AI-powered SFCSI in partnership with Core42, a subsidiary of G42, to establish a nationally controlled financial cloud infrastructure.
• Objectives: The initiative aims to ensure data sovereignty, enhance cybersecurity, strengthen regulatory oversight, integrate AI-driven analytics, and reduce dependence on foreign cloud providers while supporting secure digital finance within UAE borders.

Important Terms Explained:

• Sovereign Financial Cloud Services Infrastructure (SFCSI): A nationally controlled and centrally managed cloud platform designed to host financial data securely within a country’s borders.
• Data Sovereignty: The principle that data is subject to the laws and governance structures of the country in which it is stored.
• Artificial Intelligence (AI): Advanced computational systems capable of real-time fraud detection, predictive risk analysis, automated compliance monitoring, and smart decision-making.
• Core42: A technology company and subsidiary of G42, involved in developing AI and sovereign cloud solutions.
• G42: A UAE-based artificial intelligence and technology group focused on digital transformation and advanced computing solutions.

Tabular Summary:

Parameter	Details
Event name	Launch of Sovereign Financial Cloud Services Infrastructure
Announcement date	27 February 2026
Location	United Arab Emirates
Issuing authority	Central Bank of the UAE
Policy/series name	SFCSI Initiative
Key figures	CBUAE, Core42, G42
Purpose/reason	Ensure data sovereignty and secure digital finance
Feature details	AI-powered analytics, unified multi-cloud management, integrated cybersecurity
Validity or status	Operational as world’s first sovereign financial cloud
Strategic/significant value	Strengthens digital sovereignty and positions UAE as a global fintech hub

 

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National Affairs – Daily Current Affairs February 28 & March 01

13. The ₹22,516 crore semiconductor plant inaugurated in Sanand by Micron Technology is primarily an:
A) Chip fabrication plant
B) ATMP plant
C) Solar panel unit
D) Lithium battery plant
E) Telecom equipment unit
Answer: B) ATMP plant

Event and Location:

• Event: Inauguration of India’s first semiconductor ATMP plant by Micron Technology
• Location: Sanand, Gujarat, India
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: The project involves the establishment of a ₹22,516 crore semiconductor Assembly, Testing, Marking and Packaging (ATMP) plant to manufacture memory products such as DRAM, NAND, and SSD for domestic and global markets.
• Objectives: The initiative aims to strengthen India’s semiconductor manufacturing ecosystem, generate 5,000 direct jobs, enhance electronics production capacity, support AI-driven demand for memory solutions, and position India as a global hub for chip assembly and testing.

Important Terms Explained:

• ATMP (Assembly, Testing, Marking and Packaging): A facility where semiconductor wafers are assembled into integrated circuit packages, tested for performance, marked, and packaged for final use after fabrication.
• DRAM (Dynamic Random Access Memory): A type of volatile memory used in computers and servers to store data temporarily for fast processing.
• NAND Flash Memory: A non-volatile storage technology used in devices such as smartphones, SSDs, and memory cards.
• SSD (Solid State Drive): A storage device that uses flash memory to store data, offering faster performance compared to traditional hard drives.
• Semiconductor: A material, typically silicon, that has electrical conductivity between a conductor and an insulator and is used in electronic circuits and chips.

Tabular Summary:

Parameter	Details
Event name	Inauguration of Micron Semiconductor ATMP Plant
Announcement date	28 February 2026
Location	Sanand, Gujarat
Issuing authority	Government of India and Micron Technology
Policy/series name	Semiconductor Manufacturing Initiative
Key figures	PM Narendra Modi, Micron CEO Sanjay Mehrotra
Purpose/reason	To boost semiconductor assembly and testing capacity in India
Feature details	₹22,516 crore investment, DRAM, NAND and SSD production, 5,000 jobs
Validity or status	Operational phase beginning 2026
Strategic/significant value	Strengthens India’s semiconductor ecosystem and supports AI-driven digital economy growth

 

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14. Soundala village in Maharashtra declared itself “caste-free” through a resolution passed by which local body?
A) Zilla Parishad
B) Municipal Corporation
C) Gram Sabha
D) State Legislative Assembly
E) District Collector Office
Answer: C) Gram Sabha

Event and Location:

• Event: Soundala village declared itself a “caste-free village” through a unanimous Gram Sabha resolution
• Location: Soundala village, Ahilyanagar district, Maharashtra
• Date: 5 February 2026

Mandates and Objectives:

• Mandates: The Gram Sabha resolution bans asking or publicising anyone’s caste, prohibits caste-based slurs and boycotts, ensures equal access to public spaces such as temples, schools, crematoriums and water sources, and promotes equality in everyday social interactions.
• Objectives: The initiative aims to eliminate caste-based discrimination in daily life, promote social harmony, strengthen unity under the motto “My caste is humanity,” and prevent social divisions from escalating into communal or caste conflict.

Important Terms Explained:

• Gram Sabha: A body consisting of all registered voters in a village, empowered to take decisions on local governance and development matters.
• Caste-Free Village Resolution: A formal declaration by a village community to discourage caste-based discrimination and promote equality in social behavior while retaining caste identity only for official documentation.
• Social Boycott: The practice of excluding individuals or groups from social or community activities based on caste, religion, or other identities.
• Widow Remarriage Support Scheme (Village Initiative): A local financial assistance initiative providing ₹11,000 to encourage remarriage and support social inclusion.

Tabular Summary:

Parameter	Details
Event name	Soundala Declares Itself Caste-Free Village
Announcement date	5 February 2026
Location	Soundala, Ahilyanagar district, Maharashtra
Issuing authority	Gram Sabha of Soundala
Policy/series name	Caste-Free Village Resolution
Key figures	Sarpanch Sharad Argade, Priyanka Argade
Purpose/reason	To eliminate caste-based discrimination in daily life
Feature details	Ban on caste inquiry, equal access to public spaces, ₹500 fine for slurs, ₹11,000 widow remarriage support, no-mobile study window
Validity or status	Implemented through unanimous Gram Sabha resolution
Strategic/significant value	Promotes grassroots social equality and communal harmony

 

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15. The first carbon credits approved under the Paris Agreement Crediting Mechanism (PACM) were generated from which country?
A) Brazil
B) Indonesia
C) Myanmar
D) Vietnam
E) Kenya
Answer: C) Myanmar

Event and Location:

• Event: Approval of the first carbon credits under the Paris Agreement Crediting Mechanism (PACM)
• Location: Myanmar (Project location); Approved under UNFCCC framework
• Date: February 2026

Mandates and Objectives:

• Mandates: The United Nations Framework Convention on Climate Change (UNFCCC) approved the first carbon credits under Article 6 of the Paris Agreement, enabling cross-border carbon trading through a clean cooking project in Myanmar in partnership with South Korea.
• Objectives: The mechanism aims to reduce greenhouse gas emissions, mobilize climate finance for developing countries, promote sustainable development, and establish a transparent and accountable global carbon market while preventing greenwashing through stricter accounting standards.

Important Terms Explained:

• Paris Agreement: A 2015 global climate treaty adopted under the UN to limit global warming to well below 2°C, preferably 1.5°C, by reducing greenhouse gas emissions.
• Article 6: A provision of the Paris Agreement that allows countries to cooperate through international carbon markets and trade emission reductions.
• Paris Agreement Crediting Mechanism (PACM): A UN-supervised global carbon market mechanism replacing the earlier Clean Development Mechanism (CDM), introducing stricter emission accounting rules.
• Carbon Credits: Tradable certificates representing one tonne of carbon dioxide equivalent reduced or removed from the atmosphere.
• Greenwashing: A practice where entities exaggerate or falsely claim environmental benefits to appear more climate-friendly than they actually are.
• UNFCCC: The United Nations Framework Convention on Climate Change, the UN body overseeing global climate negotiations and agreements.

Tabular Summary:

Parameter	Details
Event name	First UN Carbon Credits Approved under Paris Agreement
Announcement date	February 2026
Location	Myanmar project under UNFCCC mechanism
Issuing authority	UNFCCC
Policy/series name	Paris Agreement Crediting Mechanism (PACM)
Key figures	Myanmar and South Korea partnership
Purpose/reason	Enable global carbon trading under Article 6
Feature details	Clean cooking project, reduced emissions, stricter accounting standards
Validity or status	Operational launch of global carbon market under Paris Agreement
Strategic/significant value	Mobilizes climate finance while raising transparency and greenwashing concerns

 

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16. Which of the following cities has been renamed as Aburaj by the Rajasthan government?
A) Kaman
B) Jahazpur
C) Mount Abu
D) Udaipur
E) Ajmer
Answer: C) Mount Abu

Event and Location:

• Event: Renaming of Mount Abu to Aburaj, Kaman to Kamvan, and Jahazpur to Yagyapur
• Location: Rajasthan, India
• Date: February 2026 (Announced in Rajasthan Assembly)

Mandates and Objectives:

• Mandates: The Rajasthan government announced the renaming of three historic cities in the State Assembly, with official records, government documents, and public signage to be updated accordingly.
• Objectives: The decision aims to restore historical and cultural identities, honour local sentiments, revive traditional and religious associations, and strengthen regional pride while maintaining administrative continuity.

Important Terms Explained:

• Aburaj: The new official name for Mount Abu, reflecting its historical and cultural roots.
• Kamvan: The new name for Kaman, linked to traditional and mythological references.
• Yagyapur: The renamed version of Jahazpur, intended to revive its historical identity.
• Rajasthan Assembly: The legislative body of the state of Rajasthan where laws and official announcements are made.

Tabular Summary:

Parameter	Details
Event name	Renaming of Three Cities in Rajasthan
Announcement date	February 2026
Location	Rajasthan
Issuing authority	Rajasthan Government
Policy/series name	Historical City Renaming Initiative
Key figures	CM Bhajanlal Sharma
Purpose/reason	Restore historical and cultural identity
Feature details	Mount Abu to Aburaj, Kaman to Kamvan, Jahazpur to Yagyapur
Validity or status	Official records and signage to be updated
Strategic/significant value	Strengthens regional heritage and cultural identity

 

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17. The Sustainable Road Safety Financing Project launched in India is an initiative of which UN body?
A) UNEP
B) UNDP
C) UN Road Safety Fund
D) UNICEF
E) World Bank
Answer: C) UN Road Safety Fund

Event and Location:

• Event: Launch of Sustainable Road Safety Financing Project in India
• Location: New Delhi, India
• Date: 24 February 2026

Mandates and Objectives:

• Mandates: The United Nations Road Safety Fund (UNRSF) launched a project to support the Government of India in developing a comprehensive national strategy for sustainable road safety financing through innovative funding mechanisms.
• Objectives: The initiative aims to create predictable and diversified funding streams, strengthen national and state road safety funds, mobilize long-term capital through tools like road safety bonds and dedicated taxes, and align India’s road safety efforts with global targets under the UN Decade of Action for Road Safety 2021–2030.

Important Terms Explained:

• United Nations Road Safety Fund (UNRSF): A global trust fund established in 2018 to support countries, especially low- and middle-income nations, in improving road safety systems and reducing traffic fatalities.
• UN Decade of Action for Road Safety 2021–2030: A global initiative aiming to reduce road traffic deaths and injuries by at least 50% by 2030.
• Road Safety Bonds: Financial instruments used to raise capital from investors specifically for funding road safety infrastructure and programmes, often backed by government guarantees.
• Public-Private Partnership (PPP): A collaboration model between government and private sector entities to finance, build, and operate infrastructure or public service projects.
• Ministry of Road Transport and Highways (MoRTH): The central ministry responsible for road transport and highway development in India.

Tabular Summary:

Parameter	Details
Event name	Launch of Sustainable Road Safety Financing Project
Announcement date	24 February 2026
Location	New Delhi
Issuing authority	UN Road Safety Fund
Policy/series name	Sustainable Road Safety Financing Initiative
Key figures	Jean Todt, UN Secretary-General’s Special Envoy for Road Safety
Purpose/reason	Establish long-term financing mechanisms for road safety
Feature details	Road safety bonds, dedicated taxes, PPP models, strengthening road safety funds
Validity or status	Aligned with UN Decade of Action 2021–2030
Strategic/significant value	Supports reduction of road fatalities and strengthens India’s road safety ecosystem

 

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18. The three inland waterways projects inaugurated in Dibrugarh are located on which National Waterway?
A) National Waterway-1
B) National Waterway-2
C) National Waterway-16
D) National Waterway-31
E) National Waterway-57
Answer: B) National Waterway-2

Event and Location:

• Event: Inauguration of three major inland waterways projects on National Waterway-2 (NW-2)
• Location: Dibrugarh, Assam, India
• Date: February 2026

Mandates and Objectives:

• Mandates: The Ministry of Ports, Shipping and Waterways inaugurated the Bogibeel Customs and Immigration Complex, Dhubri Customs and Immigration Complex, and the renovated IWAI Heritage Building to enhance infrastructure along the Brahmaputra River under National Waterway-2.
• Objectives: The projects aim to strengthen inland water transport, boost Indo-Bangladesh trade under the Protocol Route, improve cross-border connectivity, promote tourism, enhance logistics efficiency, and support economic development in Northeast India.

Important Terms Explained:

• National Waterway-2 (NW-2): The designated inland waterway on the Brahmaputra River in Assam, serving as a key transport and trade corridor in Northeast India.
• Inland Waterways Authority of India (IWAI): A statutory authority responsible for the development and regulation of inland waterways for shipping and navigation in India.
• Indo-Bangladesh Protocol Route: A bilateral agreement allowing inland water transit and trade between India and Bangladesh through designated river routes.
• National Waterways Act, 2016: Legislation that declared 111 rivers or river stretches as National Waterways to promote inland water transport across India.

Tabular Summary:

Parameter	Details
Event name	Inauguration of Three Inland Waterways Projects on NW-2
Announcement date	February 2026
Location	Dibrugarh, Assam
Issuing authority	Ministry of Ports, Shipping and Waterways
Policy/series name	National Waterway-2 Development Initiative
Key figures	Union Minister Sarbananda Sonowal
Purpose/reason	Strengthen trade, tourism and cross-border connectivity
Feature details	Bogibeel and Dhubri Customs Complexes, IWAI Heritage Building renovation
Validity or status	Operational infrastructure on Brahmaputra
Strategic/significant value	Boosts Northeast logistics and Indo-Bangladesh trade corridor

 

 

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