Daily Current Affairs March 05

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 05. 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 05 | Daily Current Affairs 2024

Important Days – Daily Current Affairs March 05

1. When was the first International Day for Disarmament and Non-Proliferation Awareness observed?
A) March 5, 2021
B) March 5, 2022
C) March 5, 2023
D) March 5, 2024
E) March 5, 2025
Answer: C) March 5, 2023

• International Day for Disarmament and Non-Proliferation is observed on
  March 5
• The day is celebrated to promote awareness and understanding of disarmament issues, especially among the youth.
• Resolution proposal was brought to the United Nations General Assembly (UNGA) in the year 2021 for the International Day for Disarmament and Non-Proliferation Awareness.
• On 7 December 2022, the United Nations General Assembly adopted a resolution for. Declared 5 March every year as “International Disarmament and Non-Proliferation Awareness Day”.
• The first International Day for Disarmament and Non-Proliferation Awareness was observed on 5 March 2023.

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2. On which date did the Geological Survey of India (GSI) celebrate its 174th Foundation Day?
A) March 1
B) March 2
C) March 3
D) March 4
E) March 5
Answer: D) March 4

• The Geological Survey of India (GSI) celebrated its 174th Foundation Day on 4th March, 2024, in a grand manner across all its offices throughout the country.
• At the Central Headquarters, Kolkata, the celebration was inaugurated by Shri Janardan Prasad, Director General, GSI, who lit the traditional lamp to commence the Celebrations.
• The celebrations commenced with the ceremonial garlanding of the portraits of Dr. Thomas Oldham, the founder of GSI, and Dr. M. S. Krishnan, the first Indian Head of GSI, as a mark of respect and homage to their contributions.
• This was followed by the inauguration of an exhibition showcasing rocks, minerals, and fossils, which was open to students from various colleges in Kolkata and its suburbs.

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Banking and Finance – Daily Current Affairs March 05

3. What is the name of the government scheme mentioned in the partnership between Tata Power Solar Systems Limited and Union Bank of India?
A) PM Ujala Yojana
B) PM Saubhagya Yojana
C) PM Surya Ghar Muft Bijli Yojana
D) PM Kisan Samman Nidhi Yojana
E) None of the above
Answer: C) PM Surya Ghar Muft Bijli Yojana

• Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal of its partnership with Union Bank of India (UBI) to offer financing solutions for solar projects, in line with the government’s PM Surya Ghar Muft Bijli Yojana.
• With loan limits extended up to Rs 15 lakh for residential customers and Rs 16 crore for commercial and industrial (C&I) customers, the renewed scheme plans to provide financing up to 80 per cent and 85 per cent, respectively.
• They will have access to collateral-free financing options for easy transition to solar energy.
• The loan tenure has also been extended up to 10 years.

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Appointments – Daily Current Affairs March 05

4. Who has been appointed as the new chief secretary of Bihar?
A) Amir Subhani
B) Brajesh Mehrotra
C) Rajesh Kumar
D) Anil Verma
E) Sanjay Singh
Answer: B) Brajesh Mehrotra

• The 1989-batch IAS officer Brajesh Mehrotra was appointed as new chief secretary of Bihar, replacing Amir Subhani (1987-batch) who has applied for voluntary retirement from the government job to enable his appointment as the chairperson of a state-level commission.

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Science and Technology – Daily Current Affairs March 05

5. Approximately how many experiments are planned to be performed by the Crew-8 members during their stay on the ISS?
A) About 100 experiments
B) About 150 experiments
C) About 200 experiments
D) About 250 experiments
E) About 300 experiments
Answer: D) About 250 experiments

• A SpaceX Falcon 9 rocket with the Crew Dragon Endeavour capsule carrying the Crew-8 mission was launched from launch pad 39A at NASA’s Kennedy Space Center in Florida.
• The Crew-8 members Matthew Dominick, Michael Barratt, and Jeanette Epps, and Roscosmos cosmonaut Alexander Grebenkin will join the space station’s Expedition 70 crew of NASA (National Aeronautics and Space Administration) astronauts Jasmin Moghbeli and Loral O’Hara, ESA (European Space Agency) astronaut Andreas Mogensen, JAXA (Japan Aerospace Exploration Agency) astronaut Furukawa Satoshi, and Roscosmos cosmonauts Konstantin Borisov, Oleg Kononenko, and Nikolai Chub.
• The Crew-8 is expected to remain aboard the space station until the end of August, collectively performing about 250 experiments in the microgravity environment of the orbital platform.
• The ISS, about the length of a football field and the largest human-made object in space, has been continuously operated by a US-Russian-led consortium that includes Canada, Japan and 11 European countries.

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National Affairs – Daily Current Affairs March 05

6. Which organizations joined hands to facilitate cross-border digital payments between India and Nepal?
A) RBI and Nepal Rastra Bank
B) NPCI International Payments Limited (NIPL) and Reserve Bank of Nepal
C) NPCI International Payments Limited (NIPL) and Nepal Clearing House Limited (NCHL)
D) Nepal Clearing House Limited (NCHL) and World Bank
E) NPCI International Payments Limited (NIPL) and World Trade Organization (WTO)
Answer: C) NPCI International Payments Limited (NIPL) and Nepal Clearing House Limited (NCHL)

• Recently Reserve Bank of India released it’s new guidelines, which allow multiple financial services between the people of India and Nepal.
• RBI’s updated regulation allows Nepali account holders to send Rs 2 lakhs per transaction (without any limit) to. Walk-in customers can remit Rs. 50,000 per transaction (12 per yr).
• The soon-to-be-inaugurated UPI/NCHL mechanism will eliminate inconvenience of carrying cash.

Note:

• In June 2023, the NPCI International Payments Limited (NIPL) and Nepal Clearing House Limited (NCHL) joined hands to facilitate cross-border digital payments between India and Nepal by integrating the Unified Payments Interface (UPI) of India and the National Payments Interface (NPI) of Nepal.
• The Nepal Clearing House Limited (NCHL) has designated by the Nepal government, has a 10 per cent investment from Nepal Rastra Bank — the Central Bank of Nepal and 90 per cent from other different commercial banks.

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7. What is the maximum project size for which interest-free loans will be provided under the MYUVA scheme?
A) Up to Rs 1 lakh
B) Up to Rs 3 lakh
C) Up to Rs 5 lakh
D) Up to Rs 10 lakh
E) Up to Rs 15 lakh
Answer: C) Up to Rs 5 lakh

• Chief Minister Yogi Adityanath is poised to launch the “Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)” scheme in Uttar Pradesh, aimed at nurturing entrepreneurship among the state’s youth.
• Through MYUVA, aspiring youth will receive support and resources to kickstart their entrepreneurial ventures, thereby contributing to economic growth and development of Uttar Pradesh.
• Under this scheme, the Yogi government aims to prepare one lakh young entrepreneurs every year by providing interest free loans for projects of up to Rs 5 lakh.
• The government has allocated Rs 1,000 crore in the budget for the financial year 2024-25 to support this initiative.

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8. Which state has become the first in the country to issue five crore Ayushman cards?
A) Bihar
B) Uttar Pradesh
C) Maharashtra
D) Madhya Pradesh
E) Rajasthan
Answer: B) Uttar Pradesh

• Uttar Pradesh has emerged as the first State in the country to issue five crore Ayushman cards under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana.
• The State has issued 50,017,920 Ayushman cards and benefited 74,382,304 individuals.
• A total of 3,716 hospitals in the State are impaneled under this scheme.
• Under the Ayushman Bharat Scheme, a total of 3,481,252 health claims have been filed, with 3,275,737 claims settled, representing a settlement rate of 92.48 percent in the State.

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9. Which famous craft from Cuttack has been awarded the Geographical Indication (GI) tag?
A) Brass Casting
B) Stone Carving
C) Silver Filigree
D) Wood Inlay
E) Pottery
Answer: C) Silver Filigree

• The famous Cuttack Rupa Tarakasi (Silver Filigree) has been given the Geographical Indication (GI) tag by the Geographical Indications Registry in Chennai.
• Filigree has been traditionally associated with fine craftsmanship and luxurious design in classical jewellery.
• There are multiple pieces of evidence that mention the exchange of jewellery and gems between Kalinga and Indonesia to the extent that a potential origin source of Silver Filigree in Odisha might be Indonesia. Such similarities have been drawn across multiple crafts that can be found in Indonesia and Odisha.
• The other products to join the GI league are Banglar muslin is the one of the popular traditional handloom craft of Bengal, Narasapur crochet lace products and Kutch rogan craft.
• The Banglar muslin is one of the popular traditional handloom craft of Bengal.
• This finest sort of muslin is made of cotton, which are spun to create threads that maintained tensile strength at counts (above 300 counts and up to 600 counts) i.e., higher than any other cotton products.
• Ratlam Riyawan Lahsun (Garlic), a variety named after Riyawan village in Ratlam district of Madhya Pradesh also bagged the GI tag along with the Ambaji White Marble, which is formed when limestone is re-crystallised under the earth’s crust due to intense pressure and heat.
• Tripura Risa Textile, Hyderabad Lac Bangles, Majuli Mask of Assam and the Assam Majuli Manuscript Painting are the other products that got GI tag.

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10. Where did Prime Minister Narendra Modi inaugurate and lay the foundation stone for multiple development projects worth Rs 19,600 crore?
A) Paradip
B) Bhubaneswar
C) Chandikhole
D) Kalinga Nagar
E) Jajpur
Answer: C) Chandikhole

• Prime Minister Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth Rs 19,600 crore at Chandikhole in Odisha’s Jajpur district.
• The Indian Oil Corporation’s Mono Ethylene Glycol project in Paradip Refinery was inaugurated to help reduce the country’s import dependency.
• CONCOR container depot was inaugurated in Kalinga Nagar.
• The prime minister also dedicated to the nation the four-laning of the Singhara-Binjabahal section of NH-49; Binjabahal-Tileibani section of NH-49; Balasore-Jharpokharia section of NH-18 and Tangi-Bhubaneswar section of NH-16.
• The 162-km Bansapani-Daitari-Tomka-Jakhapura railway line was also dedicated to the nation.
• PM Modi also laid the foundation stone for the eight-laning of the Chandikhole-Paradip section at Chandikhole.
• The foundation stone was also laid for the Electric Loco Periodical Overhauling Workshop at Narla, the Wagon Periodical Overhauling Workshop at Kantabanji, and the upgradation and augmentation of maintenance facilities at Baghuapal.

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11. Which organizations are involved in the MoU signed for the development of advanced fuelling and control system for engines for heavy duty applications?
A) BEML Limited, Indian Oil Corporation, Bharat Petroleum
B) Bharat Electronics Limited, Hindustan Aeronautics Limited, Indian Space Research Organisation
C) BEML Limited, Bharat Electronics Limited, Mishra Dhatu Nigam Limited
D) Bharat Heavy Electricals Limited, Oil and Natural Gas Corporation, Hindustan Petroleum Corporation Limited
E) None of the above
Answer: C) BEML Limited, Bharat Electronics Limited, Mishra Dhatu Nigam Limited

• The Ministry of Defence has signed a tripartite memorandum of understanding (MoU) with BEML Limited, Bharat Electronics Limited (BEL) and Mishra Dhatu Nigam Limited (MIDHANI) for the development of advanced fuelling and control system for engines for heavy duty applications.
• The MoU was signed by Chairman & Managing Director of BEML Limited Shantanu Roy; CMD of MIDHANI Dr SK Jha; and CMD of BEL Bhanu Prakash Srivastava, in the presence of Defence Secretary Giridhar Aramane in New Delhi.
• The collaboration will focus on leveraging indigenous capabilities to design, test, and manufacture an advanced fuelling and control system that provides enhanced efficiency, performance, and reliability.

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