Daily Current Affairs March 27

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 27. 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 27 | Daily Current Affairs 2024

Important Days – Daily Current Affairs March 27

1. When is World Theatre Day celebrated annually?
A) 25 March
B) 26 March
C) 27 March
D) 28 March
E) 29 March
Answer: C) 27 March

• World Theatre Day is celebrated every year on 27 March.
• This day is dedicated to the art form of theatre, and its importance in society.
• The day is observed to raise awareness about the role of theatre in our lives, and to promote its growth.
• According to the International Theatre Institute,” Every year the Executive Council of ITI choses an outstanding theatre personality to write the message for World Theatre Day, which has been celebrated internationally every 27 March since 1962.
• The author of the Message of World Theatre Day 2024 is ‘Norwegian Writer, Playwright – The 2023 Nobel Laureate in Literature.’

Sports – Daily Current Affairs March 27

2. Which state emerged as the overall team champion in both boys and girls categories at the boxing Sub Junior National Championship?
A) Haryana
B) Delhi
C) Maharashtra
D) Punjab
E) Uttar Pradesh
Answer: A) Haryana

• Haryana clinched the team titles in both the boys and girls categories with an impressive combined haul of 19 medals at the boxing Sub Junior National Championship.
• Haryana, the reigning champion in the girls section, successfully defended its title after finishing on top of the table with 64 points.
• It won 10 medals including seven gold, one silver and two bronze.
• Diya (61kg) continued her phenomenal form with a convincing 5-0 win over Delhi’s Yashika.
• She was also adjudged the best boxer.
• The other gold medallists for Haryana in the girls category were Bhoomi (35kg), Nischal Sharma (37kg), Rakhi (43kg), Naitik (52kg), Navya (55kg) and Sukhreet (64kg).
• Delhi and Maharashtra finished second and third with 34 and 31 points, respectively.
• Boxers from Delhi won one gold, three silver and four bronze medals while Maharashtra ended its campaign with a gold, three silver and two bronze medals.
• Bronze medallist Hillang (37kg) of Arunachal Pradesh secured the most promising boxer award in the girls category.
• Haryana boxers showcased their might in the boys category as well, winning nine medals which included six gold, two silver and one bronze to secure the first position with 62 points.
• Uday Singh led Haryana’s domination with a 5-0 victory in 37kg against S. Sujith of Tamil Nadu. Nitin (40kg), Ravi Sihag (49kg), Lakshay (52kg), Naman (58kg) and Anmol Dahiya (64kg) also won their respective finals to give Haryana a perfect end to its impressive campaign.
• Uttarakhand finished second with 34 points (three gold and three silver medals) followed by UP (one gold, three silver, one bronze medal)

Ranking – Daily Current Affairs March 26

3. What is the brand value of LIC as reported in the Brand Finance Insurance 100 2024 report?
A) USD 33.6 billion
B) USD 9.8 billion
C) USD 4.9 billion
D) USD 1.3 billion
E) USD 1.6 billion
Answer: B) USD 9.8 billion

• Insurance behemoth Life Insurance Corporation of India (LIC) has emerged as the strongest insurance brand globally, according to a report Brand Finance Insurance 100 2024.
• LIC’s brand value remains steady at USD 9.8 billion, accompanied by a brand strength index score of 88.3 and an associated AAA brand strength rating.
• Following LIC, the rankings highlight Cathay Life Insurance as the second strongest brand, experiencing a 9 per cent increase in brand value to USD 4.9 billion, closely followed by NRMA Insurance, which saw an 82 per cent rise in brand value to USD 1.3 billion.
• Chinese insurance brands maintain dominance in the global rankings, with Ping An leading with a 4 per cent increase in brand value to USD 33.6 billion, followed by China Life Insurance and CPIC defending their 3rd and 5th positions, respectively.
• Allianz from Germany and AXA from France retain their spots in the 2nd and 4th positions to complete the Top 5.
• Among the brands experiencing significant growth in brand value, NRMA Insurance from Australia stands out with an 82 per cent increase to USD 1.3 billion, along with Denmark’s Tryg, which saw a 66 per cent rise to USD 1.6 billion.

Note:

• LIC India achieved the highest first-year premium collection of Rs 39,090 crore in FY23, while SBI Life Insurance and HDFC Life Insurance led the private sector with new business premium collections of Rs 15,197 crore and Rs 10,970 crore, respectively.
• LIC’s shares also reached an all-time high of Rs 1,175, making it India’s most valuable PSU company and reclaiming its status as the fifth most valuable Indian listed company, surpassing SBI in market valuation.

Banking and Finance – Daily Current Affairs March 26

4. What is the name of Concerto Software’s payment gateway that secured the PA license from the RBI?
A) Innoviti Link
B) MSwipe
C) Razorpay
D) Zomato Pay
E) Vegaah
Answer: E) Vegaah

• Innoviti Payments and Concerto Software have been granted the coveted online payment aggregator (PA) licences by the Reserve Bank of India (RBI).
• This move propels both companies into the league of esteemed players in the digital payments ecosystem, alongside renowned names such as MSwipe, Razorpay, Cashfree, and Zomato.
• Headquartered in Bengaluru, Innoviti Payments boasts a substantial network of approximately 2,500 online merchants leveraging its cutting-edge online payment system, aptly named ‘Innoviti Link’.
• This platform aims to provide a seamless payment experience to customers, bridging the gap between offline and online transactions.
• Concerto Software’s payment gateway, Vegaah, also secured the PA licence from the RBI, marking a significant milestone in its journey towards facilitating secure and efficient online transactions.

Appointments – Daily Current Affairs March 27

5. Who has been appointed as the next Ambassador of India to the Republic of the Union of Myanmar?
A) Abhay Thakur
B) Rajesh Kumar
C) Neha Singh
D) Sanjay Patel
E) Arjun Sharma
Answer: A) Abhay Thakur

• Abhay Thakur (IFS: 1992), presently Officer on Special Duty in the Ministry, has been appointed as the next Ambassador of India to the Republic of the Union of Myanmar.

6. Who has been appointed as the new prime minister of Portugal by President Marcelo Rebelo de Sousa?
A) Luis Montenegro
B) Marcelo Rebelo de Sousa
C) António Costa
D) Chega party leader
E) Democratic Alliance (AD) spokesperson
Answer: A) Luis Montenegro

• Portugal’s president Marcelo Rebelo de Sousa has named Luis Montenegro, head of the centre-right Democratic Alliance (AD), as the country’s new prime minister and invited him to form a minority government after eight years of Socialist rule.
• AD win 80 seats in the 230-member parliament, while the Socialist Party and the far-right Chega party clinched 78 and 50 seats, respectively.

7. Who has been selected for the appointment as Director in the Union Public Service Commission (UPSC)?
A) Hansha Mishra
B) Department of Personnel & Training (DoPT)
C) Central Staffing Scheme
D) Union Public Service Commission (UPSC)
E) IA&AS
Answer: A) Hansha Mishra

• Hansha Mishra (IA&AS) has been selected for the appointment as Director in the Union Public Service Commission (UPSC).
• According to an order issued from the Department of Personnel & Training (DoPT), she has been selected for the appointment under the Central Staffing Scheme for a period of five years from the date of taking over charge of the post or until further orders, whichever event takes place earlier.

Awards – Daily Current Affairs March 26

8. What is Michel Talagrand’s primary focus in his awarded work for the 2024 Abel Prize?
A) Predicting weather patterns
B) Describing randomness in stochastic systems
C) Developing encryption algorithms
D) Analyzing gravitational waves
E) Studying population dynamics
Answer: B) Describing randomness in stochastic systems

• The 2024 Abel Prize—the mathematics world’s Nobel Prize equivalent—has been awarded to Michel Talagrand for his advances in describing and predicting the universe’s randomness.
• Talagrand’s work focuses on stochastic systems, which model random variables within a given time and space.
• Examples include the height of a flowing river, stock prices, a hospital’s patient count, the movement of gas molecules and even a stumbling drunkard’s swerving path.
• Over years of work, he came to make sense of such systems, using mathematical formulas known as inequalities, to better characterize the limits of their variability.

National Affairs – Daily Current Affairs March 26

9. Which technology company collaborated with the platform “Shiksha Reform”?
A) Google
B) Apple
C) Microsoft
D) IBM
E) Amazon
Answer: C) Microsoft

• Gujarat’s Minister of State for Education, Praful Pansheriya, launched the online learning platform, Shiksha Reform, in Surat.
• Shiksha Reform is a collaborative effort with Microsoft and a leading Finnish university and is poised to deliver high-quality courses.
• With experienced and highly qualified teachers, the platform aims to revolutionize education, particularly in technology.
• The platform is offering short-term courses in cutting-edge fields like artificial intelligence and cyber security in association with Microsoft and the Finnish university.
• Students can study various courses on the online learning platform by paying a nominal fee.
• A unique differentiator of their platform is the course European Credits for students, which will be useful for students eyeing educational opportunities in Finland and Europe.
• Shiksha Reform equips students with vital technological skills, giving a boost to their careers.
• The platform’s Skills for Jobs program offers learning paths to students, technology professionals, and others interested in enhancing their tech skills.
• Shiksha Reform’s courses are prepared by leading corporations and universities and have state-of-the-art study material.

Over All Review

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