Daily Current Affairs March 02

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 02. 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 02 | Daily Current Affairs 2025

Sports – Daily Current Affairs March 02

1. India’s 196-run chase against West Indies in the ICC Men’s T20 World Cup 2026 ranks at which position among the highest successful run chases in T20 World Cup history?
A) First
B) Second
C) Third
D) Fourth
E) Fifth
Answer: C) Third

Event and Location:

• Event: India achieved its highest successful run chase in T20 World Cup history by chasing 196 runs against West Indies
• Location: Eden Gardens, Kolkata, India
• Date: March 2, 2026

Mandates and Objectives:

• Mandates: India successfully chased a target of 196 runs in the Super 8 stage of the ICC Men’s T20 World Cup 2026 to qualify for the semifinals
• Objectives: The objective was to secure a semifinal berth, strengthen tournament standing, and maintain competitive momentum in the knockout stage

Important Terms Explained:

• ICC Men’s T20 World Cup: An international Twenty20 cricket championship organized by the International Cricket Council featuring national teams from around the world
• Super 8 Stage: The second round of the T20 World Cup where top teams are divided into groups to compete for semifinal qualification
• Run Chase: The act of successfully scoring more runs than the opponent’s total while batting second
• Net Run Rate (NRR): A statistical method used in tournaments to rank teams level on points based on scoring rate difference

Tabular Summary:

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2. How many runs did Alyssa Healy score in her final ODI match against India in Hobart?
A) 98
B) 125
C) 150
D) 158
E) 185
Answer: D) 158

Event and Location:

• Event: Alyssa Healy scored 158 in her final ODI as Australia defeated India by 185 runs
• Location: Hobart, Australia
• Date: March 2026

Mandates and Objectives:

• Mandates: Alyssa Healy played her final One Day International match, scoring 158 off 98 balls and announcing retirement from international cricket
• Objectives: To conclude her ODI career on a high note while contributing to Australia’s dominant 409/7 total and securing a comprehensive victory over India

Important Terms Explained:

• One Day International (ODI): A 50-over per side limited-overs international cricket format played between two national teams
• Strike Rate: A batting metric calculated as runs scored per 100 balls faced, indicating scoring speed
• White-Ball Cricket: Limited-overs formats of cricket including ODIs and T20Is played with a white ball
• International Cricket Council (ICC): The global governing body for international cricket

Tabular Summary:

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Banking and Finance – Daily Current Affairs March 02

3. How much did Foreign Portfolio Investors (FPIs) invest in Indian equities in February 2026?
A) ₹3,765 crore
B) ₹10,956 crore
C) ₹22,615 crore
D) ₹35,962 crore
E) ₹1.66 trillion
Answer: C) ₹22,615 crore

Event and Location:

• Event: FPI inflows into Indian equities surged to a 17-month high
• Location: India
• Date: February 2026 (Data reported March 2026)

Mandates and Objectives:

• Mandates: Reporting of ₹22,615 crore net equity investment by Foreign Portfolio Investors in February 2026 after consecutive months of outflows
• Objectives: To reflect renewed foreign investor confidence driven by improved corporate earnings, trade stability under the India-US trade deal, and corrected market valuations

Important Terms Explained:

• Foreign Portfolio Investors (FPIs): Overseas investors who invest in financial assets such as equities and bonds in another country without direct management control
• India-US Trade Deal: An interim trade agreement aimed at reducing tariff uncertainty and strengthening bilateral trade relations
• Q3FY26 Earnings: Corporate financial performance reported for the third quarter of Financial Year 2025–26
• Market Valuation Correction: A decline in stock prices from earlier highs, making equities relatively more attractive for investment
• Outflow: Withdrawal of foreign investments from domestic markets

Tabular Summary:

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Business and Economy – Daily Current Affairs March 02

4. India’s gross GST collections for February 2026 stood at which of the following amounts?
A) ₹1.61 lakh crore
B) ₹1.75 lakh crore
C) ₹1.83 lakh crore
D) ₹2.07 lakh crore
E) ₹20.27 lakh crore
Answer: C) ₹1.83 lakh crore

Event and Location:

• Event: India’s GST collections reached ₹1.83 lakh crore in February 2026 showing 8.1 percent YoY growth
• Location: India
• Date: 1 March 2026 (Data release date)

Mandates and Objectives:

• Mandates: Release of official data showing gross GST revenue of ₹1.83 lakh crore for February 2026 and cumulative FY26 collections of ₹20.27 lakh crore
• Objectives: To reflect economic activity, strengthen indirect tax compliance, ensure stable revenue generation for Centre and States, and monitor domestic and import tax trends

Important Terms Explained:

• Goods and Services Tax (GST): A comprehensive indirect tax implemented in July 2017 that unified multiple central and state taxes into a single tax regime
• Year-on-Year (YoY) Growth: A comparison of data from one period to the same period in the previous year to measure growth rate
• Gross GST Revenue: Total GST collected before deducting refunds
• Net GST Revenue: Revenue retained by the government after adjusting for refunds
• GST Council: The constitutional body responsible for making recommendations on GST rates, rules, and structure, comprising Union and State representatives

Tabular Summary:

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Appointments – Daily Current Affairs March 02

5. Who assumed charge as the Chairman and Managing Director of GAIL (India) Limited on March 1, 2026?
A) Sandeep Kumar Gupta
B) Deepak Gupta
C) Sanjay Mehrotra
D) Anil Chauhan
E) Mohan Yadav
Answer: B) Deepak Gupta

Event and Location:

• Event: Deepak Gupta assumed charge as Chairman and Managing Director of GAIL (India) Limited
• Location: India
• Date: 1 March 2026

Mandates and Objectives:

• Mandates: Deepak Gupta took over leadership of GAIL (India) Limited following the superannuation of Sandeep Kumar Gupta and will serve as CMD until 28 February 2029
• Objectives: The objective is to strengthen India’s natural gas transmission infrastructure, expand LNG and petrochemical operations, and support the national goal of increasing natural gas share in the energy mix to 15 percent by 2030

Important Terms Explained:

• GAIL (India) Limited: A Maharatna Public Sector Undertaking under the Ministry of Petroleum and Natural Gas engaged in natural gas transmission, marketing, LNG trading, petrochemicals, and city gas distribution
• Maharatna PSU: A status granted by the Government of India to select Central Public Sector Enterprises providing greater financial and operational autonomy
• LNG (Liquefied Natural Gas): Natural gas cooled to liquid form for ease of storage and transportation over long distances
• Natural Gas Transmission: The process of transporting natural gas through a network of high-pressure pipelines from production sites to distribution centers

Tabular Summary:

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Awards – Daily Current Affairs March 02

6. Which organization presents the Airport Service Quality (ASQ) Awards globally?
A) International Civil Aviation Organization
B) Airports Council International World
C) Directorate General of Civil Aviation
D) International Air Transport Association
E) Ministry of Civil Aviation
Answer: B) Airports Council International World

Event and Location:

• Event: Mangaluru International Airport won the 2025 ASQ Best Airport at Arrivals Award for the second consecutive year
• Location: Mangaluru, Karnataka, India
• Date: 2025 (Award announcement in March 2026)

Mandates and Objectives:

• Mandates: Recognition of Mangaluru International Airport for excellence in arrivals experience based on real-time passenger feedback under the ASQ framework
• Objectives: To benchmark global airport service quality, enhance passenger satisfaction standards, and promote customer-centric airport operations

Important Terms Explained:

• Airport Service Quality (ASQ) Awards: A global benchmarking programme measuring airport passenger satisfaction through real-time surveys conducted by Airports Council International
• Airports Council International (ACI) World: A global trade representative body of the world’s airports that sets standards and conducts performance benchmarking
• Adani Airport Holdings Limited (AAHL): India’s largest private airport operator managing multiple airports including Mangaluru International Airport
• Passenger Satisfaction Survey: An independent feedback mechanism used to evaluate airport services such as immigration, baggage handling, cleanliness and comfort

Tabular Summary:

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7. Varanasi entered the Guinness World Records by planting how many saplings within one hour?
A) 1,53,981
B) 2,00,000
C) 2,25,000
D) 2,51,446
E) 3,00,000
Answer: D) 2,51,446

Event and Location:

• Event: Guinness World Record created for planting 2,51,446 saplings in one hour
• Location: Sujabad Domari, Varanasi, Uttar Pradesh
• Date: March 2026

Mandates and Objectives:

• Mandates: Conducting a mega plantation drive across 350 bighas using the Miyawaki technique and verifying the record through drone monitoring and digital counting systems
• Objectives: To promote urban afforestation, enhance green cover, create an urban forest, and establish a global benchmark in mass plantation initiatives

Important Terms Explained:

• Guinness World Records: An international organization that verifies and documents world records across various categories
• Miyawaki Technique: A Japanese afforestation method that promotes dense plantation of native species to create fast-growing and self-sustaining forests
• Urban Forest: A forested area developed within or around a city to improve air quality, biodiversity, and ecological balance
• Rain Gun Irrigation System: A high-pressure irrigation system that sprays water over large areas to ensure uniform watering of plants

Tabular Summary:

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Science and Technology – Daily Current Affairs March 02

8. The Micron Semiconductor ATMP facility inaugurated in Sanand, Gujarat is part of which Government of India initiative?
A) Make in India
B) Digital India
C) India Semiconductor Mission
D) Production Linked Incentive Scheme
E) Startup India
Answer: C) India Semiconductor Mission

Event and Location:

• Event: Inauguration of Micron Technology’s Semiconductor ATMP facility marking start of commercial production in India
• Location: Sanand, Gujarat
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: The facility will carry out Assembly, Test, Marking and Packaging of semiconductor chips including D-RAM and NAND memory solutions as part of India’s semiconductor manufacturing ecosystem
• Objectives: The objective is to strengthen India’s position in the global semiconductor value chain, boost domestic chip manufacturing, support AI and electronics industries, and reduce dependence on imports

Important Terms Explained:

• India Semiconductor Mission (ISM): A Government of India initiative launched to develop a sustainable semiconductor and display manufacturing ecosystem in the country
• Semicon India Programme: A flagship programme under ISM that provides financial incentives and policy support for semiconductor fabrication, ATMP units, and display manufacturing
• ATMP (Assembly, Test, Marking and Packaging): The final stages of semiconductor manufacturing where fabricated chips are assembled, tested for quality, marked, and packaged for commercial deployment
• D-RAM (Dynamic Random Access Memory): A type of volatile memory used in computers and servers that temporarily stores data for quick access
• NAND Memory: A type of non-volatile flash memory used in smartphones, SSDs, and data centers to store data permanently
• Pax Silica Agreement: A strategic cooperation framework between India and the United States aimed at securing semiconductor supply chains and critical minerals

Tabular Summary:

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International Affairs – Daily Current Affairs March 02

9. West Bengal signed an MoU with which German development agency to prepare basin-based masterplans for the Ichhamati and Jalangi rivers?
A) KfW Development Bank
B) GIZ
C) UNDP
D) JICA
E) World Bank
Answer: B) GIZ

Event and Location:

• Event: Signing of MoU to prepare basin-based masterplans for Ichhamati and Jalangi rivers under Nodi Bandhan initiative
• Location: West Bengal
• Date: 23 February 2026

Mandates and Objectives:

• Mandates: Preparation of structured basin-level masterplans for Ichhamati and Jalangi rivers through a tripartite agreement between Government of West Bengal, GIZ and State Mission for Clean Ganga
• Objectives: To restore river flow, reduce pollution, mitigate erosion, enhance groundwater recharge, strengthen flood control, and improve irrigation and ecological sustainability in transboundary river systems

Important Terms Explained:

• Nodi Bandhan: A river rejuvenation initiative announced in West Bengal Budget 2025–26 with ₹200 crore allocation for basin-based river planning
• Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ): A German development agency that provides technical cooperation and sustainable development assistance globally
• State Mission for Clean Ganga (SMCG): The state-level implementing agency aligned with the National Mission for Clean Ganga for river conservation and pollution control
• Basin-Based Masterplan: A comprehensive river management strategy that considers the entire river basin including hydrology, ecology, land use and community needs
• Transboundary River: A river that flows across or forms a boundary between two or more countries

Tabular Summary:

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Schemes – Daily Current Affairs March 02

10. Under which initiative were 9 cheetahs from Botswana brought to Kuno National Park in February 2026?
A) Project Tiger
B) Project Elephant
C) Project Snow Leopard
D) Project Cheetah
E) Green India Mission
Answer: D) Project Cheetah

Event and Location:

• Event: Arrival and release of 9 cheetahs from Botswana under Project Cheetah
• Location: Kuno National Park, Madhya Pradesh
• Date: 28 February 2026

Mandates and Objectives:

• Mandates: Nine cheetahs including six females and three males were released into quarantine enclosures at Kuno National Park for health monitoring and acclimatization before gradual release into the wild
• Objectives: The objective is to establish a sustainable free-ranging cheetah population in India, restore grassland ecosystems, and contribute to global cheetah conservation outside Africa

Important Terms Explained:

• Project Cheetah: A Government of India wildlife reintroduction programme launched in 2022 to reintroduce African cheetahs into India after the species was declared extinct in 1952
• Kuno National Park: A protected area in Madhya Pradesh selected as the primary site for cheetah reintroduction due to suitable habitat and prey availability
• Wildlife Translocation: The scientific process of capturing, transporting, and releasing species into new habitats following international conservation protocols
• C-17 Globemaster: A strategic transport aircraft of the Indian Air Force used for long-distance heavy airlift operations including wildlife relocation missions

Tabular Summary:

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11. Which state launched India’s first fully integrated Divyang Sahayak Portal for disability welfare schemes in February 2026?
A) Gujarat
B) Karnataka
C) Maharashtra
D) Tamil Nadu
E) Rajasthan
Answer: C) Maharashtra

Event and Location:

• Event: Launch of Divyang Sahayak Portal for integrated online disability welfare services
• Location: Maharashtra
• Date: February 2026

Mandates and Objectives:

• Mandates: Introduction of a fully digital platform enabling online applications, real-time tracking, automatic approvals, AI-based grievance redressal and Direct Benefit Transfer integration for disability schemes
• Objectives: To strengthen implementation of the Rights of Persons with Disabilities Act, 2016, eliminate paperwork and delays, ensure transparency, and provide seamless access to welfare benefits for persons with disabilities

Important Terms Explained:

• Divyang Sahayak Portal: An integrated digital platform launched by Maharashtra for online access, application and monitoring of disability welfare schemes
• Rights of Persons with Disabilities Act, 2016 (RPwD Act, 2016): A legislation that expanded recognised disabilities from 7 to 21 and strengthened rights related to education, employment, accessibility and social security
• Unique Disability ID (UDID): A national database and identification system for persons with disabilities to streamline benefit delivery
• Direct Benefit Transfer (DBT): A system for transferring government subsidies and benefits directly into beneficiaries’ bank accounts
• Application Programming Interface (API): A software interface that enables different government databases and systems to communicate and share data
• Artificial Intelligence (AI): Technology used in the portal to scan documents, detect incomplete applications and assist in grievance redressal

Tabular Summary:

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12. Under the newly launched Delhi Government scheme, how many free LPG cylinders will ration card holders receive annually?
A) One
B) Two
C) Three
D) Four
E) Five
Answer: B) Two

Event and Location:

• Event: Launch of four women welfare schemes under the Sashakt Nari, Samriddh Delhi programme
• Location: New Delhi
• Date: 2 March 2026

Mandates and Objectives:

• Mandates: Launch of the Pink National Common Mobility Card, provision of two free LPG cylinders annually to ration card holders during Holi and Diwali, introduction of Delhi Lakhpati Bitiya Yojana, and rollout of Meri Punji Mera Adhikaar initiative
• Objectives: To strengthen women’s mobility and safety, reduce household financial burden, promote clean cooking fuel usage, ensure financial security for girl children, and enhance transparency in financial entitlements

Important Terms Explained:

• Pink National Common Mobility Card: A women-focused mobility card enabling seamless, cashless and integrated access to public transport in Delhi including free bus travel benefits
• Delhi Lakhpati Bitiya Yojana: A financial empowerment scheme providing ₹56,000 in installments for eligible girl children, maturing to over ₹1 lakh by age 21 subject to educational criteria
• Meri Punji Mera Adhikaar: A governance initiative aimed at clearing pending financial dues and ensuring transparent and time-bound delivery of citizens’ financial rights
• Liquefied Petroleum Gas (LPG): A clean cooking fuel used in households as an alternative to traditional solid fuels
• National Common Mobility Card (NCMC): An interoperable transport card framework enabling unified digital payment across multiple public transport systems

Tabular Summary:

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National Affairs – Daily Current Affairs March 02

13. The 4.77-km viaduct on the Khurda Road–Balangir railway line will become the second longest in Indian Railways after which structure?
A) Chenab Bridge
B) Pamban Bridge
C) Bogibeel Bridge
D) Vande Bharat Corridor
E) Atal Tunnel
Answer: C) Bogibeel Bridge

Event and Location:

• Event: Near completion of the 301-km Khurda Road–Balangir railway line project
• Location: Odisha
• Date: March 2026 (Project nearing completion; expected full completion next year)

Mandates and Objectives:

• Mandates: Completion of a 301-km railway line connecting Khurda Road and Balangir across five districts with tunnels, wildlife corridors, and a 4.77-km viaduct
• Objectives: To improve rail connectivity in interior Odisha, promote regional economic integration, and ensure environmental protection through wildlife-friendly infrastructure

Important Terms Explained:

• Khurda Road–Balangir Railway Line: A 301-km railway infrastructure project in Odisha conceived before Independence to connect western Odisha with the main rail network
• East Coast Railway: A railway zone of Indian Railways responsible for rail operations in Odisha and adjoining regions
• Viaduct: A long elevated bridge-like structure supported by piers, used to carry rail or road traffic across valleys or forested terrain
• Wildlife Corridor: A designated passage that allows animals to move safely between habitats, reducing human-wildlife conflict
• Satkosia Tiger Reserve: A protected tiger reserve in Odisha known for its rich biodiversity and forest ecosystems

Tabular Summary:

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14. What is the total amount allocated under Gujarat’s Science, Technology and Innovation (STI) Policy 2026–2031 as a dedicated innovation fund?
A) ₹500 crore
B) ₹750 crore
C) ₹1,000 crore
D) ₹1,500 crore
E) ₹2,000 crore
Answer: C) ₹1,000 crore

Event and Location:

• Event: Launch of Gujarat Science, Technology and Innovation Policy 2026–2031 with ₹1,000 crore innovation fund
• Location: Gandhinagar, Gujarat
• Date: March 2026

Mandates and Objectives:

• Mandates: Launch of a ₹1,000 crore innovation fund, creation of science and technology clusters, promotion of emerging technologies, and strengthening intellectual property ecosystem
• Objectives: To create 1 lakh skilled research professionals by 2031, achieve 1,000 IP filings annually, boost indigenous technology development, reduce import dependence, and enhance industrial competitiveness

Important Terms Explained:

• Science, Technology and Innovation (STI) Policy 2026–2031: A strategic framework launched by the Government of Gujarat to promote research, innovation, and advanced technology-driven industrial growth
• Innovation Fund: A dedicated financial corpus of ₹1,000 crore to support indigenous technology development, startups, and high-impact research projects
• Intellectual Property (IP) Filings: Legal applications for protection of innovations including patents, trademarks, and copyrights
• Gujarat Council on Science and Technology (GUJCOST): A state-level body responsible for promoting science and technology initiatives and coordinating policy implementation
• Emerging Technologies: Advanced and rapidly developing fields such as Artificial Intelligence, semiconductors, quantum technologies, biotechnology, and 5G/6G connectivity

Tabular Summary:

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15. Gujarat’s semiconductor ecosystem received an investment boost of approximately how much from Japan, South Korea and Malaysia?
A) ₹500 crore
B) ₹750 crore
C) ₹1,000 crore
D) ₹1,600 crore
E) ₹2,500 crore
Answer: D) ₹1,600 crore

Event and Location:

• Event: Gujarat secured ₹1,600 crore semiconductor ecosystem investments from Japan, South Korea and Malaysia
• Location: Gandhinagar, Gujarat
• Date: March 2026

Mandates and Objectives:

• Mandates: Signing of multiple MoUs and investment proposals covering R&D centres, semiconductor grade chemical manufacturing, electronics production, IC packaging and high-tech startup funding
• Objectives: To build an end-to-end semiconductor value chain in Gujarat, strengthen upstream and downstream supply chains, reduce import dependence and enhance India’s global semiconductor competitiveness

Important Terms Explained:

• Semiconductor Ecosystem: A comprehensive value chain including raw materials, chip design, fabrication, assembly, testing, packaging, equipment and R&D support
• Hydrofluoric Acid (Semiconductor Grade): A critical high-purity chemical used in wafer cleaning and etching processes during semiconductor manufacturing
• IC Packaging: The process of enclosing integrated circuits to protect them and enable electrical connections for commercial use
• Gujarat Semiconnect Conference: A state-level semiconductor investment and collaboration platform to attract global technology partners
• Gas Abatement Systems: Equipment used in semiconductor fabrication plants to treat and neutralise hazardous gases generated during manufacturing

Tabular Summary:

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16. The Forest Owlet recently sighted in Kuno National Park is classified under which category in the IUCN Red List?
A) Vulnerable
B) Near Threatened
C) Critically Endangered
D) Endangered
E) Least Concern
Answer: D) Endangered

Event and Location:

• Event: First-ever sighting of the endangered Forest Owlet in Kuno National Park
• Location: Kuno National Park, Madhya Pradesh
• Date: February 2026

Mandates and Objectives:

• Mandates: Documentation and scientific confirmation of the Forest Owlet sighting in Kuno National Park and announcement of further ecological surveys by the Madhya Pradesh Forest Department
• Objectives: To expand scientific knowledge of the species’ geographical range, strengthen biodiversity conservation, and support habitat restoration efforts under Project Cheetah

Important Terms Explained:

• Forest Owlet (Athene blewitti): A rare diurnal owl species endemic to central India and listed as Endangered on the IUCN Red List
• IUCN Red List: A global inventory that categorizes species based on their conservation status and risk of extinction
• Project Cheetah: A wildlife reintroduction initiative launched in 2022 to reintroduce African cheetahs into India after their extinction in 1952
• Endemic Species: A species that is native to and found only in a specific geographic region
• Diurnal: An animal that is active during the daytime

Tabular Summary:

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Over All Review

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