Daily Current Affairs March 28

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March 28 | Daily Current Affairs 2025

Important Days – Daily Current Affairs March 28

1. When is World Theatre Day celebrated annually and what was the theme for 2025?
A) March 25; “Theatre as a Mirror to Society”
B) March 27; “Theatre and a Culture of Peace”
C) April 27; “Art and Social Change”
D) March 27; “Theatre for Unity”
E) March 28; “Peace Through Performance”
Answer: B) March 27; “Theatre and a Culture of Peace”

Event and Location:

• Event: World Theatre Day 2025
• Date: March 27, 2025
• Location: Celebrated globally

Mandates and Objectives:

• Promote Peace: Highlights theatre’s role in promoting peace through performance and storytelling.
• Raise Awareness: Encourages recognition of theatre’s role in cultural and social transformation.
• Encourage Government Support: Urges policymakers to invest in theatre infrastructure and development.
• Inspire Public Participation: Motivates citizens to value, support, and participate in theatre.
• Empower Artists: Recognizes the work of theatre professionals and their societal contribution.

Important Terms Explained:

• World Theatre Day: An international observance started by the International Theatre Institute (ITI) in 1961, celebrated first in 1962 to recognize the global value of theatre.
• International Theatre Institute (ITI): Established in 1948 by UNESCO, ITI promotes international exchange in the field of performing arts.
• Natya Shastra: Ancient Indian treatise on performing arts written between 2000 BCE and 4th century CE, considered the foundational text of Indian theatre.
• Indian People’s Theatre Association (IPTA): Formed in 1943 to use theatre as a medium for political and social awareness.

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Sports – Daily Current Affairs March 28

2. Which state topped the medal tally in the Khelo India Para Games 2025?
A) Tamil Nadu
B) Uttar Pradesh
C) Maharashtra
D) Haryana
E) Gujarat
Answer: D) Haryana

Event and Location:

• Event: Conclusion of Khelo India Para Games 2025
• Date: March 28, 2025
• Location: New Delhi, India

Mandates and Objectives:

• National Sporting Event: The Khelo India Para Games 2025 is the second edition of the national-level para-sports event organized to promote inclusivity and competitive sports among para-athletes.
• Participation: Around 1,300 para-athletes participated across multiple disciplines.
• Venues: Events were held at Jawaharlal Nehru Indoor Stadium, Indira Gandhi Indoor Stadium, and Karni Singh Shooting Range in New Delhi.
• Performance Goals: To strengthen para-sports infrastructure and talent development in India.
• National Records: 18 national records were created, showing the rising standards of performance in para-sports.

Important Terms Explained:

• Khelo India Para Games: A multi-sport national-level competition under the Khelo India initiative focusing on para-athletes.
• Para Powerlifting and Track Events: Events where most national records were broken, with athletes from Haryana, Tamil Nadu, and Punjab excelling.
• Medal Tally: Ranking based on the number of gold, silver, and bronze medals secured by participating states.

Tabular Summary:

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Ranking – Daily Current Affairs March 28

3. Who became the first Indian woman to enter the world’s top 10 richest women list according to Hurun Global Rich List 2025?
A) Kiran Mazumdar-Shaw
B) Roshni Nadar
C) Indra Nooyi
D) Falguni Nayar
E) Nita Ambani
Answer: B) Roshni Nadar

Event and Location:

• Event: Roshni Nadar becomes the first Indian woman in the world’s top 10 richest women
• Date: March 2025
• Location: India

Mandates and Objectives:

• Global Recognition: Roshni Nadar has ranked 5th in the Hurun Global Rich List 2025 with a net worth of US$40 billion.
• National Achievement: She is India’s richest woman and the third-richest individual in India overall.
• Wealth Surge Reason: The increase in wealth is attributed to the transfer of a 47 percent stake in HCL Technologies by her father, Shiv Nadar.
• Company Leadership: She is the Chairperson of HCL Technologies, one of India’s leading IT firms.
• Social Impact: Through Shiv Nadar Foundation and VidyaGyan, she contributes significantly to education and social empowerment.

Important Terms Explained:

• Hurun Global Rich List: An annual ranking of the richest individuals globally, based on net worth.
• HCL Technologies: A leading Indian IT services company with a market cap of US$48 billion.
• Chevalier de la Légion d’Honneur: A prestigious civilian award given by France, received by Roshni Nadar in 2024.
• VidyaGyan: A leadership academy in Uttar Pradesh founded to support underprivileged students.
• Shiv Nadar Foundation: A philanthropic organization investing over $1.2 billion in education and development initiatives.

Tabular Summary:

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4. Who is the richest man in the world as of March 2025 according to the global wealth rankings?
A) Jeff Bezos
B) Mark Zuckerberg
C) Elon Musk
D) Bernard Arnault
E) Larry Ellison
Answer: C) Elon Musk

Event and Location:

• Event: Elon Musk becomes the richest man in the world by March 2025
• Date: March 2025
• Location: United States

Mandates and Objectives:

• Global Rank Achievement: Elon Musk holds the top spot as the richest man in the world with a net worth of $359.5 billion.
• Source of Wealth: Musk’s wealth comes primarily from Tesla, SpaceX, and X (formerly Twitter), along with xAI.
• Age and Citizenship: Born in 1971 in South Africa, Musk is 53 years old and holds US citizenship.
• Market Influence: Musk’s companies impact global tech, energy, and space sectors, increasing his wealth through innovation and stock value.
• Competitive Landscape: Tesla is facing rising competition from Chinese EV manufacturers and regulatory pressures in Western markets.

Important Terms Explained:

• xAI: Elon Musk’s artificial intelligence company, aiming to rival OpenAI and DeepMind.
• Meta: A US tech conglomerate led by Mark Zuckerberg, owner of Facebook, Instagram, and WhatsApp.
• LVMH: A French multinational specializing in luxury goods, led by Bernard Arnault.
• Inditex: The parent company of Zara, owned by Spanish billionaire Amancio Ortega.
• Blue Origin: Space exploration company founded by Jeff Bezos, similar to Musk’s SpaceX.

Tabular Summary:

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5. Which country did India surpass to become the world’s second-largest tea exporter in 2024?
A) Vietnam
B) China
C) Sri Lanka
D) Indonesia
E) Bangladesh
Answer: C) Sri Lanka

Event and Location:

• Event: India becomes the world’s second-largest tea exporter
• Date: 2024
• Location: India

Mandates and Objectives:

• Export Achievement: India exported 254 million kg (Mkg) of tea in 2024, surpassing Sri Lanka to become the second-largest tea exporter globally.
• Top Exporter: Kenya remains the world’s largest tea exporter with exports exceeding 500 Mkg.
• Economic Impact: India’s tea exports generated ₹7,112 crore in revenue in 2024.
• Growth Target: The Indian tea industry now aims to reach 300 Mkg exports by 2030.
• Government Support: Growth attributed to export-friendly policies and incentives for orthodox tea production.
• Industry Optimism: The Tea Association of India anticipates further global market expansion with ongoing support.

Important Terms Explained:

• Tea Board of India: A statutory body under the Ministry of Commerce & Industry, overseeing tea production and export regulation in India.
• Orthodox Tea: A premium category of tea made using traditional methods, increasingly in demand globally.
• Mkg: Million kilograms, the standard unit for measuring bulk tea exports.
• Export Revenue: The income generated from international sales, in this case, ₹7,112 crore from tea exports.

Tabular Summary:

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Banking and Finance – Daily Current Affairs March 28

6. From which date has the Government of India discontinued medium- and long-term deposits under the Gold Monetisation Scheme (GMS)?
A) April 1, 2025
B) March 1, 2025
C) March 26, 2025
D) February 26, 2025
E) March 31, 2025
Answer: C) March 26, 2025

Event and Location:

• Event: Discontinuation of Medium- and Long-Term Deposits under Gold Monetisation Scheme (GMS)
• Date: March 26, 2025
• Location: India

Mandates and Objectives:

• Scheme Launch Purpose: Introduced in November 2015 to mobilize idle gold and reduce gold imports and current account deficit.
• Types of Deposits: Three categories — Short-Term (1–3 years), Medium-Term (5–7 years), and Long-Term (12–15 years).
• Government’s Decision: Medium- and Long-Term Government Deposits discontinued due to evolving market conditions and performance of the scheme.
• Existing Deposits Status: RBI clarified that existing medium- and long-term deposits will remain valid till maturity with the option for premature withdrawal.
• Short-Term Deposits: Will continue based on the discretion of banks.

Important Terms Explained:

• Gold Monetisation Scheme (GMS): A scheme allowing individuals and institutions to deposit physical gold and earn interest, launched to integrate idle gold into the economy.
• Medium-Term Government Deposits (MTGD): Gold deposits with a tenure of 5–7 years and a fixed interest of 2.25% per annum.
• Long-Term Government Deposits (LTGD): Gold deposits with a tenure of 12–15 years and a fixed interest of 2.5% per annum.
• Sovereign Gold Bonds (SGBs): Government securities denominated in grams of gold; these too have been discontinued due to high costs.

Tabular Summary:

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7. Where was the 8th State Level Coordination Committee (SLCC) Meeting by RBI held on March 26, 2025?
A) Shillong
B) Itanagar
C) Aizawl
D) Gangtok
E) Kohima
Answer: D) Gangtok

Event and Location:

• Event: 8th State Level Coordination Committee (SLCC) Meeting conducted by RBI
• Date: March 26, 2025
• Location: Tashiling Secretariat, Gangtok, Sikkim

Mandates and Objectives:

• BUDS Act Implementation: Focused on Banning of Unregulated Deposit Schemes Act, 2019 to protect citizens from fraudulent investment schemes.
• Digital Financial Fraud Prevention: RBI reviewed fraud cases reported via Helpline 1930 and promoted the Sachet Portal for public reporting.
• Market Intelligence Exchange: Strengthened coordination between RBI, SEBI, and state government departments to detect financial irregularities.
• Investor Awareness: RBI and SEBI presented financial literacy programs to educate the public about their financial rights and digital fraud protection.
• State Support: The Chief Secretary of Sikkim appreciated RBI’s outreach efforts and backed ongoing awareness programs.

Important Terms Explained:

• BUDS Act, 2019: A central legislation banning unregulated deposit schemes and protecting depositors from fraudulent financial entities.
• SLCC: A state-level body formed to coordinate actions against financial frauds involving regulators and law enforcement.
• Sachet Portal: An online grievance redressal and fraud reporting platform launched by RBI for public awareness and monitoring unregulated financial firms.
• Helpline 1930: A toll-free number to report digital financial frauds, part of India’s cybercrime support system.

Tabular Summary:

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Appointments – Daily Current Affairs March 28

8. Who has been appointed as the Managing Director & CEO of Hitachi Cash Management Services effective April 1, 2025?
A) Anup Neogi
B) Rajesh Kumar
C) Yusuf Pachmariwala
D) Ramesh Iyer
E) Deepak Sharma
Answer: C) Yusuf Pachmariwala

Event and Location:

• Event: Appointment of Yusuf Pachmariwala as MD & CEO of Hitachi Cash Management Services
• Date: Effective from April 1, 2025
• Location: India

Mandates and Objectives:

• Strategic Leadership: Yusuf Pachmariwala is expected to drive growth and operational excellence.
• Experience Utilization: He brings deep experience in cash operations, ATM management, and digital payments.
• Digital Advancement: The company will focus on expanding its digital and automated payment solutions.
• Strengthening Business: Enhancing customer experience, security, and technology-driven service delivery.
• Industry Growth: Positioning Hitachi CMS as a leader in India’s cash and payment ecosystem.

Important Terms Explained:

• Hitachi Cash Management Services (CMS): A subsidiary of Hitachi Payment Services, specializing in cash logistics and ATM operations.
• Hitachi Payment Services: A major payment service provider managing over 79,000 ATMs and 3 million merchant points in India.
• MD & CEO: Managing Director & Chief Executive Officer is the highest executive authority in an organization.

Tabular Summary:

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Science and Technology – Daily Current Affairs March 28

9. Where was India’s first Nano Electronics Roadshow inaugurated on March 27, 2025?
A) IIT Delhi
B) IIT Bombay
C) IISc Bengaluru
D) IIT Madras
E) MeitY Headquarters, New Delhi
Answer: C) IISc Bengaluru

Event and Location:

• Event: Inauguration of India’s First Nano Electronics Roadshow
• Date: March 27, 2025
• Location: IISc Bengaluru

Mandates and Objectives:

• Roadshow Purpose: Promote India’s semiconductor self-reliance by showcasing innovation, facilitating industry-academia collaboration, and accelerating the startup ecosystem.
• Event Focus: Display of 100+ IPs, 50+ new technologies, and innovations by 35+ startups.
• National Importance: Aligns with India Semiconductor Mission and Atmanirbhar Bharat initiative.
• Talent Development: Nano Centers supported by MeitY have contributed to training 85,000 skilled individuals in nanoelectronics and semiconductor design.
• Market Growth: India’s semiconductor market is projected to rise from $45–50 billion to $100–110 billion by 2030.

Important Terms Explained:

• MeitY: Ministry of Electronics and Information Technology – leads India’s digital innovation and semiconductor mission.
• India Semiconductor Mission: A national initiative to establish India as a global hub for electronics system design and manufacturing.
• Nano Centers: Research centers established in premier institutes like IITs and IISc to drive nanoelectronics research and startup incubation.
• INUP Program: Indian Nanoelectronics Users Program – provides access to nano fabrication facilities for researchers and startups.

Tabular Summary:

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Defence – Daily Current Affairs March 28

10. Which barge was launched on March 26, 2025, as part of the ACTCM project under the Indian Navy?
A) LSAM 22
B) LSAM 23
C) LSAM 24
D) LSAM 25
E) LSAM 21
Answer: C) LSAM 24

Event and Location:

• Event: Launch of the tenth Ammunition Cum Torpedo Cum Missile (ACTCM) Barge, LSAM 24 (Yard 134)
• Date: March 26, 2025
• Location: M/s Suryadipta Projects Pvt Ltd, Thane

Mandates and Objectives:

• Project Objective: To enhance the logistics capability of the Indian Navy through the construction of Ammunition Cum Torpedo Cum Missile (ACTCM) Barges.
• Contract Details: The contract for building 11 such barges was awarded on March 5, 2021 to M/s Suryadipta Projects Pvt Ltd, a MSME shipyard.
• Indigenous Effort: These barges are designed by an Indian ship design firm, certified by Indian Register of Shipping (IRS), and tested at NSTL, Visakhapatnam.
• Current Status: LSAM 24 (Yard 134) is the 10th barge, with 9 already delivered and operational with the Indian Navy.
• Operational Use: These barges are built to transport ammunition, torpedoes, and missiles, critical for Indian Navy’s operational preparedness.
• National Initiative: The project supports Make in India and Aatmanirbhar Bharat, focusing on indigenous defense manufacturing.

Important Terms Explained:

• ACTCM Barge: Specially designed vessels for transporting ammunition, torpedoes, and missiles to support naval logistics.
• NSTL: Naval Science and Technological Laboratory, a DRDO lab responsible for testing naval systems.
• IRS (Indian Register of Shipping): A classification society that certifies ship design and construction standards.
• MSME Shipyard: A Micro, Small, and Medium Enterprise engaged in shipbuilding under government support schemes.

Tabular Summary:

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International Affairs – Daily Current Affairs March 29

11. How much tariff has the US imposed on imported cars and auto components as per the recent announcement?
A) 15%
B) 20%
C) 25%
D) 30%
E) 10%
Answer: C) 25%

Event and Location:

• Event: US announces 25% tariff on imported cars and auto parts
• Date: March 2025
• Location: United States

Mandates and Objectives:

• Tariff Introduction: The US government imposed a 25% tariff on imported cars and auto components to protect domestic manufacturing.
• Trade Strategy: Part of former President Donald Trump’s protectionist policies to promote local industry and discourage imports.
• Global Impact: The move is expected to affect global markets including the EU, Canada, India, and China, potentially triggering retaliatory tariffs.
• Consumer Impact in US: Vehicle prices in the US may increase by up to $6,000 per unit due to the import cost hike.

Important Terms Explained:

• China+1 Strategy: A business strategy where companies diversify manufacturing by adding countries like India to reduce dependence on China.
• Retaliatory Tariffs: Counter-measures by other nations in response to increased tariffs from a trade partner.
• Auto Component Exports: Parts such as engines, gearboxes, tyres, and electronics exported to vehicle manufacturers worldwide.
• Bilateral Trade Agreements: Agreements between two countries to regulate trade terms, now possibly subject to renegotiation due to this tariff.

Tabular Summary:

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12. What is the main purpose of the newly launched Lanka India Business Association (LIBA)?
A) Promote tourism between India and Sri Lanka
B) Develop cricket and sports exchanges
C) Enhance bilateral trade, investment, and economic collaboration
D) Strengthen defence cooperation
E) Expand medical education exchange programs
Answer: C) Enhance bilateral trade, investment, and economic collaboration

Event and Location:

• Event: Launch of Lanka India Business Association (LIBA) to boost India-Sri Lanka business ties
• Date: March 2025
• Location: Sri Lanka

Mandates and Objectives:

• Strengthen Bilateral Ties: LIBA is a dedicated platform for enhancing India-Sri Lanka business collaboration.
• Promote Trade & Investment: It will encourage bilateral trade, investor partnerships, and joint ventures across sectors.
• Support for MSMEs & Startups: LIBA promotes digital economy, STEM education, and MSME growth between the two countries.
• Strategic Focus: Leverages Sri Lanka’s location as a trade hub and India’s economic growth as a global opportunity.
• Cross-border Ecosystem: LIBA will aid in legal cooperation, IP rights, policy advocacy, and industry-wide knowledge exchange.

Important Terms Explained:

• LIBA (Lanka India Business Association): A new business platform established to support bilateral commerce, investment, and industry engagement.
• MSME: Micro, Small, and Medium Enterprises, crucial drivers of employment and economic development in both nations.
• Digital Economy: Integration of digital technology into economic activities—an area LIBA focuses on through startup and tech collaborations.
• Transshipment Hub: A port where goods are transferred from one ship to another, such as Colombo Port for Indian exports to East Asia.

Tabular Summary:

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National Affairs – Daily Current Affairs March 28

13. What is the target nuclear power generation under India’s newly announced Nuclear Mission by 2047?
A) 75 GW
B) 50 GW
C) 120 GW
D) 100 GW
E) 90 GW
Answer: D) 100 GW

Event and Location:

• Event: Launch of India’s Nuclear Mission targeting 100 GW by 2047
• Date: March 2025 (announced)
• Location: India

Mandates and Objectives:

• Power Generation Goal: India aims to produce 100 GW of nuclear power by 2047.
• Clean Energy Vision: Support India’s transition to net-zero carbon emissions by 2070.
• Energy Security: Nuclear power to contribute 10 percent of total energy needs by 2047.
• Policy Reform: First time private sector participation is allowed in the nuclear domain.
• Innovation Focus: Encourage indigenous development and deployment of Small Modular Reactors (SMRs).

Important Terms Explained:

• Nuclear Mission: A national initiative launched to expand nuclear power capacity with a 100 GW target by 2047.
• Small Modular Reactors (SMRs): Compact nuclear reactors ranging from 16 MW to 300 MW, ideal for decentralised power needs.
• Bharat SMRs: India’s indigenous SMRs under development, supported by ₹20,000 crore allocation in 2024–25.
• National Research Foundation: A new research body with majority private funding to promote innovation in nuclear R&D.
• Bhavini Reactor: A fast breeder reactor project in Tamil Nadu aimed at using thorium-based fuel cycles.
• Kudankulam Nuclear Plant: India’s largest nuclear power plant located in Tamil Nadu, being revived for faster execution.

Tabular Summary:

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14. As per the latest Union Cabinet decision, what is the revised rate of Dearness Allowance for central government employees effective January 1, 2025?
A) 50%
B) 53%
C) 55%
D) 57%
E) 52%
Answer: C) 55%

Event and Location:

• Event: Cabinet approval of 2% hike in Dearness Allowance (DA) and Dearness Relief (DR)
• Date: March 28, 2025
• Location: India

Mandates and Objectives:

• DA/DR Revision: The Union Cabinet increased the DA and DR from 53% to 55% of Basic Pay/Pension.
• Effective Date: The revised rates are applicable from January 1, 2025.
• Beneficiary Coverage: The hike will benefit 48.66 lakh central government employees and 66.55 lakh pensioners.
• Inflation Adjustment: The revision is meant to offset inflationary effects and maintain real income.
• Commission Basis: The increase is based on the formula recommended by the 7th Central Pay Commission and the AICPI-IW index.

Important Terms Explained:

• Dearness Allowance (DA): A cost of living adjustment paid to government employees to reduce the impact of inflation.
• Dearness Relief (DR): Equivalent of DA paid to central government pensioners.
• 7th Central Pay Commission: A government-appointed commission that reviews and recommends changes in salary structures.
• AICPI-IW: All India Consumer Price Index for Industrial Workers, used to calculate inflation adjustments.

Tabular Summary:

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15. Which ministry launched the Digital Crop Survey (DCS) System aimed at collecting real-time crop data?
A) Ministry of Electronics and IT
B) Ministry of Environment, Forest and Climate Change
C) Ministry of Agriculture and Farmers Welfare
D) Ministry of Rural Development
E) Ministry of Food Processing Industries
Answer: C) Ministry of Agriculture and Farmers Welfare

Event and Location:

• Event: Launch of the Digital Crop Survey (DCS) System
• Date: March 28, 2025
• Location: India

Mandates and Objectives:

• Real-Time Crop Data: The DCS System is designed to collect real-time crop-sown data directly from agricultural fields using a mobile interface.
• Agricultural Forecasting: Ensures accurate estimation of crop area and production forecasting.
• Policy Support: Helps in better decision-making and policy planning by providing timely and reliable agricultural data.
• Compliance: Developed in alignment with the Digital Personal Data Protection Act, 2023 and national IT standards.
• Integration: Aligned with the Agri Stack for building a digital agriculture ecosystem.

Important Terms Explained:

• Digital Crop Survey (DCS): A tech-enabled platform for capturing real-time agricultural data from the field using mobile applications.
• Agri Stack: A government initiative to digitally integrate agriculture data, services, and systems for farmers and institutions.
• Digital Personal Data Protection Act, 2023: A law to ensure personal data privacy and protection, applicable to farmers’ data in DCS.
• MeitY: Ministry of Electronics and Information Technology, responsible for setting cybersecurity norms.
• CERT-In: Indian Computer Emergency Response Team, responsible for incident response and cybersecurity guidelines.

Tabular Summary:

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16. When was the National Technical Textiles Mission (NTTM) launched by the Government of India?
A) 2019
B) 2020
C) 2021
D) 2022
E) 2023
Answer: B) 2020

Event and Location:

• Event: 5 Years of National Technical Textiles Mission (NTTM)
• Date: March 2025
• Location: India

Mandates and Objectives:

• Mission Purpose: Launched to position India as a global leader in technical textiles and boost economic contribution through innovation and exports.
• Budget Allocation: The mission has a total outlay of Rs. 1,480 crore for the period 2020 to 2026.
• Key Focus Areas: Research and development, market expansion, exports, skill development, and education.
• Industry Contribution: India’s textile sector contributes 2% to GDP and 3.9% to global textile exports.
• Employment Generation: Expected to support the creation of approximately 3.5 crore jobs by 2030.

Important Terms Explained:

• National Technical Textiles Mission (NTTM): A central initiative launched by the Ministry of Textiles in 2020 to boost the technical textiles sector through four key components.
• Technical Textiles: Functional fabrics used in industries like healthcare, agriculture, construction, and defense.
• GIST 2.0: A grant-based internship support program to promote hands-on learning in technical textiles.
• GREAT Scheme: Launched in August 2023, this scheme supports startups in commercializing innovations in technical textiles.
• Technotex 2024 (Bharat Tex 2024): A major industry event that featured innovation showcases and technological breakthroughs.

Tabular Summary:

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17. What is the primary objective of the biometric challenge launched by UIDAI and IIIT-Hyderabad?
A) To create new Aadhaar cards for children
B) To develop a new biometric sensor
C) To improve fingerprint authentication accuracy for children over time
D) To link Aadhaar with PAN card
E) To increase the Aadhaar enrollment rate
Answer: C) To improve fingerprint authentication accuracy for children over time

Event and Location:

• Event: UIDAI & IIIT-Hyderabad launch biometric challenge to improve fingerprint authentication for children
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Main Objective: Address the age invariance issue in fingerprint authentication, especially for children aged 5–10 years, and ensure accuracy during biometric updates after 5–10 years.
• Global Collaboration: The challenge is open to researchers and developers worldwide to develop robust fingerprint algorithms.
• Secure Data Handling: UIDAI will provide anonymized field datasets for testing without sharing actual data with participants.
• Aadhaar Integration: The initiative strengthens Aadhaar-based authentication, which already supports 90 million daily transactions.

Important Terms Explained:

• UIDAI: Unique Identification Authority of India, responsible for issuing Aadhaar and managing its authentication ecosystem.
• IIIT-H: International Institute of Information Technology, Hyderabad, a premier institute for research in computer science and AI.
• Biometric SDK Benchmarking Challenge: A UIDAI initiative to benchmark and improve biometric software development kits (SDKs).
• Age Invariance: Refers to the ability of biometric systems to accurately recognize individuals despite age-related physical changes.
• 1:1 Fingerprint Matching: A verification process where a fingerprint is matched against a stored reference for authentication.

Tabular Summary:

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18. Who inaugurated Sourcex India 2025 at the Yashobhoomi Convention Centre?
A) Piyush Goyal
B) Santosh Kumar Sarangi
C) Amitabh Kant
D) Nirmala Sitharaman
E) Subrahmanyam Jaishankar
Answer: B) Santosh Kumar Sarangi

Event and Location:

• Event: Inauguration of Sourcex India 2025
• Date: March 26, 2025
• Location: Yashobhoomi Convention Centre, New Delhi

Mandates and Objectives:

• Export Promotion: Sourcex India 2025 aims to strengthen India’s global sourcing hub status by enabling direct interaction between Indian exporters and international buyers.
• Global Trade Engagement: More than 150 buyers from 45+ countries attended, expanding India’s trade outreach.
• Government Support: Organised by FIEO and backed by the Ministry of Commerce & Industry, it integrates with key national missions like Make in India, Startup India, and PLI Scheme.
• Export Ecosystem Boost: The event promotes ease of doing business, standardization, and leverages ongoing Free Trade Agreements (FTAs) for enhanced market access.

Important Terms Explained:

• FIEO: Federation of Indian Export Organisations – an apex trade promotion organization under the Ministry of Commerce.
• PLI Scheme: Production-Linked Incentive – a government initiative to boost domestic manufacturing and exports.
• FTAs: Free Trade Agreements signed between nations to reduce trade barriers and increase bilateral trade.
• DGFT: Director General of Foreign Trade – a key position under the Ministry of Commerce that governs foreign trade policy implementation.

Tabular Summary:

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Over All Review

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