Daily Current Affairs March 29 & 30

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 29 & 30. 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 29 & 30 | Daily Current Affairs 2025

Important Days – Daily Current Affairs March 29 & 30

1. When is the International Day of Zero Waste observed, and what is the 2025 theme?
A) March 28; “No Waste World”
B) March 30; “Towards Zero Waste in Fashion and Textiles”
C) April 5; “Zero Waste, Clean Future”
D) March 29; “Reduce, Reuse, Recycle”
E) March 30; “Zero Waste in Technology and Industry”
Answer: B) March 30; “Towards Zero Waste in Fashion and Textiles”

Event and Location:

  • Event: International Day of Zero Waste 2025
  • Date: March 30, 2025
  • Location: Global (Declared by the United Nations)

Mandates and Objectives:

  • Global Recognition: The UN General Assembly declared March 30 as the International Day of Zero Waste on 14 December 2022.
  • Initiative Leader: The resolution was led by Türkiye and supported by 105 member states.
  • Purpose: To promote global zero-waste initiatives and sustainable consumption and production practices.
  • Theme 2025: “Towards Zero Waste in Fashion and Textiles.”
  • SDG Alignment: The initiative contributes to SDG 11 (Sustainable Cities and Communities) and SDG 12 (Responsible Consumption and Production).
  • Sectoral Focus: Reducing waste in the fashion and textile industry through circular economy principles.

Important Terms Explained:

  • Zero-Waste Initiative: A movement to eliminate waste by reducing, reusing, and recycling materials throughout the lifecycle.
  • Circular Economy: An economic system designed to minimize waste by maximizing product reuse, recycling, and resource efficiency.
  • Extended Producer Responsibility (EPR): A regulatory approach that places responsibility on manufacturers for post-consumer product disposal.
  • Fast Fashion: A high-turnover, low-cost apparel model contributing to major waste and environmental concerns.
  • Sustainable Development Goals (SDGs): UN global goals aimed at ensuring sustainability; relevant ones include SDG 11 and SDG 12.

Tabular Summary:

Key Detail Information
Event International Day of Zero Waste 2025
Date March 30, 2025
Location Global
Declared By United Nations General Assembly
Year of Declaration 2022
First Observed March 30, 2023
Led By Türkiye
Supported By 105 UN Member States
Theme for 2025 Towards Zero Waste in Fashion and Textiles
Co-organizers UNEP, UN-Habitat, Zero Waste Foundation
Linked SDGs SDG 11 and SDG 12
Fashion Industry Waste 92 million tonnes of textile waste generated annually
Global Waste Generation 2.1–2.3 billion tonnes annually
Access to Waste Collection 2.7 billion people lack access
Controlled Waste Management Only 61-62% of waste managed in controlled facilities

 

Ranking – Daily Current Affairs March 29 & 30

2. Which public sector bank won the ‘Top Improvers’ award in the EASE 6.0 Reforms Index?
A) Bank of India
B) Punjab & Sind Bank
C) Canara Bank
D) Bank of Baroda
E) Union Bank of India
Answer: B) Punjab & Sind Bank

Event and Location:

  • Event: Punjab & Sind Bank Wins Top Improvers Award in EASE 6.0 Reforms Index
  • Date: March 2025
  • Location: India

Mandates and Objectives:

  • EASE Initiative Purpose: The Enhanced Access & Service Excellence (EASE) initiative is a government-led reform program to improve performance of public sector banks across key areas.
  • Evaluation Parameters: EASE 6.0 Reforms Index evaluates digital transformation, customer service, financial inclusion, and modernization efforts in public sector banks.
  • Objective of Award: To recognize and encourage PSBs showing outstanding improvements in banking efficiency and customer-centric innovations.

Important Terms Explained:

  • EASE (Enhanced Access & Service Excellence): A reform initiative by the Government of India launched in 2018 to transform the performance of public sector banks through a structured reform agenda.
  • EASE 6.0: The sixth edition of the EASE reform framework, focusing on tech-enabled banking, data-driven decision-making, and customer service excellence.
  • Top Improvers: A recognition given to banks showing the highest improvement across key reform metrics among all PSBs.

Tabular Summary:

Key Detail Information
Event Punjab & Sind Bank won the Top Improvers award in the EASE 6.0 Index.
Date The award was announced in March 2025.
Location The award recognition took place in India.
Award The bank was awarded as Top Improvers in the EASE 6.0 Reforms Index.
Initiative The award is part of the Enhanced Access & Service Excellence (EASE) program.
Purpose of EASE The initiative evaluates PSBs based on digital transformation, customer service, and inclusion.
Leadership The bank’s progress was driven under the leadership of Swarup Kumar Saha.
Strategic Focus The bank focused on digital innovation, operational efficiency, and customer satisfaction.
Recognition Basis The award was given for major improvements in modernization and efficiency.

3. According to the Hurun Global Rich List 2025, which city has overtaken Mumbai as Asia’s billionaire capital?
A) Tokyo
B) Singapore
C) Shanghai
D) Beijing
E) Seoul
Answer: C) Shanghai

Event and Location:

  • Event: Hurun Global Rich List 2025 Released
  • Date: March 2025
  • Location: Global (India ranks third globally)

Mandates and Objectives:

  • Purpose of List: The Hurun Global Rich List 2025 tracks and ranks billionaires worldwide based on net worth.
  • India’s Rank: India ranked 3rd globally with 284 billionaires, behind the United States (870) and China (823).
  • City Ranking: Shanghai surpassed Mumbai as Asia’s billionaire capital, with 92 billionaires compared to Mumbai’s 90.
  • Wealth Growth: The cumulative wealth of Indian billionaires reached ₹98 lakh crore, with a 10% annual growth.
  • Young Billionaires: India has seven billionaires under 40, mostly from Bengaluru and Mumbai, with two aged just 34.

Important Terms Explained:

  • Hurun Global Rich List: An annual report published by Hurun Research Institute that ranks billionaires across the globe based on net worth.
  • Billionaire Capital: The city that houses the highest number of billionaires in a particular region or continent.
  • Cumulative Wealth: The total combined net worth of all billionaires from a country.
    Net Worth: The total value of an individual’s financial and non-financial assets, minus liabilities.

Tabular Summary:

Key Detail Information
Event The Hurun Global Rich List 2025 has been released.
Date The list was published in March 2025.
Location The rankings are global, with India ranked 3rd.
India’s Rank India holds 3rd place globally with 284 billionaires.
Top Indian Billionaires Mukesh Ambani (₹8.6 lakh crore), Gautam Adani (₹8.4 lakh crore).
India’s Wealth Growth The cumulative wealth of Indian billionaires increased by 10% to ₹98 lakh crore.
Biggest Wealth Gainer Gautam Adani, with a ₹1 lakh crore (13%) increase in net worth.
Billionaire Capital of Asia Shanghai overtook Mumbai with 92 billionaires compared to 90.
Young Indian Billionaires Seven under 40; two are aged 34 and based in Bengaluru and Mumbai.
Global Top Country United States leads with 870 billionaires.
Global No.1 Billionaire Elon Musk tops the global list with a net worth of $420 billion.

 

Business and Economy – Daily Current Affairs March 29 & 30

4. What was India’s Current Account Deficit (CAD) as a percentage of GDP in Q3 FY25?
A) 1.8%
B) 0.8%
C) 1.3%
D) 1.1%
E) 2.0%
Answer: D) 1.1%

Event and Location:

  • Event: India’s Current Account Deficit (CAD) Rises to 1.1% of GDP in Q3 FY25
  • Date: March 2025 (Data for Q3 FY25: October–December 2024)
  • Location: India

Mandates and Objectives:

  • CAD Status: India’s Current Account Deficit (CAD) increased to $11.5 billion, which is 1.1% of GDP in Q3 FY25, mainly due to a rise in the merchandise trade deficit.
  • Compared to Previous Quarters: The CAD was $16.7 billion (1.8% of GDP) in Q2 FY25, and $10.4 billion (1.1% of GDP) in Q3 FY24, showing moderation quarter-on-quarter.
  • FY25 Projection: The full-year CAD for FY25 is projected to average 0.8% of GDP, and it may increase slightly to 1.0% in FY26.

Important Terms Explained:

  • Current Account Deficit (CAD): The difference between a country’s total imports and exports of goods, services, and transfers. A deficit means imports exceed exports.
  • Balance of Payments (BoP): A statement that summarizes all economic transactions between residents of the country and the rest of the world.
  • Merchandise Trade Deficit: Occurs when a country’s imports of goods exceed its exports.
  • Net Services Receipts: Earnings from India’s services exports minus services imports.
  • Private Transfer Receipts: Personal remittances received from abroad, mainly from Non-Resident Indians (NRIs).
  • Foreign Portfolio Investment (FPI): Investment in Indian equity and debt markets by foreign investors.
  • External Commercial Borrowings (ECBs): Loans taken by Indian entities from non-resident lenders in foreign currencies.

Tabular Summary:

Key Detail Information
Event India’s Current Account Deficit rose to 1.1% of GDP in Q3 FY25.
Period Q3 FY25 (October–December 2024)
CAD Value $11.5 billion
CAD as % of GDP 1.1%
Previous Quarter CAD $16.7 billion (1.8% of GDP in Q2 FY25)
Merchandise Trade Deficit $79.2 billion in Q3 FY25 (up from $71.6 billion in Q3 FY24)
Net Services Receipts $51.2 billion (up from $45 billion in Q3 FY24)
Private Transfer Receipts $35.1 billion (up from $30.6 billion in Q3 FY24)
Primary Income Outgo $16.7 billion (up from $13.1 billion in Q3 FY24)
NRI Deposits (Net Inflows) $3.1 billion (down from $3.9 billion)
Foreign Portfolio Investment (FPI) Net outflow of $11.4 billion (vs. net inflow of $12 billion in Q3 FY24)
External Commercial Borrowings Net inflows of $4.3 billion (vs. net outflows of $2.7 billion in Q3 FY24)
Balance of Payments (BoP) Depletion of $37.7 billion (compared to $6 billion accretion in Q3 FY24)
Forex Reserves Growth $311 billion rise since December 2018, highest under any RBI Governor
Full-Year CAD Projection FY25 Estimated at 0.8% of GDP

5. What was India’s core sector growth rate in February 2025, marking the slowest in five months?
A) 5.1%
B) 3.8%
C) 2.9%
D) 7.1%
E) 6.3%
Answer: C) 2.9%

Event and Location:

  • Event: India’s Core Sector Growth Slows to 2.9% in February 2025
  • Date: February 2025 (Data released in March 2025)
  • Location: India

Mandates and Objectives:

  • Core Sector Performance: India’s core sector growth fell to 2.9% in February 2025, the lowest in five months, indicating a slowdown in industrial and infrastructure activities.
  • Base Effect Impact: The decline was partly due to a high base effect from February 2024 and weaker output in five out of eight core industries.
  • IIP Linkage: Core sector data acts as a lead indicator for the Index of Industrial Production (IIP) and signals an expected deceleration in overall industrial output.
  • Policy Monitoring: The slowdown is significant for monetary policy decisions and economic forecasting.

Important Terms Explained:

  • Core Sector: Refers to the eight major industries—coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity—which have a combined weight of 40.27% in the IIP.
  • Index of Industrial Production (IIP): A monthly indicator measuring the general level of industrial activity in the economy.
  • High Base Effect: When a previous year’s high growth rate makes current year comparisons appear lower, even with similar or slightly higher output.
  • PMI (Purchasing Managers’ Index): An index that indicates the health of the manufacturing sector, where a value above 50 indicates expansion.

Tabular Summary:

Key Detail Information
Event India’s core sector growth declined to 2.9% in February 2025.
Previous Month (Jan 2025) Core sector growth was 5.1%.
February 2024 Comparison Core sector growth was 7.1% in February 2024.
Industries with Growth Cement (10.5%), Fertilizers (10.2%), Steel (5.6%), Electricity (2.8%)
Declining Sectors Crude Oil (-5.2%), Natural Gas (-6%), Coal (1.7%, slowest in 6 months)
Refinery Output Grew at 0.8%, the slowest in 6 months
Manufacturing PMI Dropped to 56.3 in February 2025 from 57.7 in January 2025
Sector Impact Data indicates likely moderation in Index of Industrial Production (IIP) growth

 

Appointments – Daily Current Affairs March 29 & 30

6. Who has been appointed as the Whole-Time Director (Corporate Planning) of Maruti Suzuki for the 2025–2028 term?
A) R. C. Bhargava
B) Hisashi Takeuchi
C) Sunil Kakkar
D) Kenichi Ayukawa
E) C. V. Raman
Answer: C) Sunil Kakkar

Event and Location:

  • Event: Sunil Kakkar Appointed as Whole-Time Director at Maruti Suzuki
  • Date: March 2025
  • Location: India

Mandates and Objectives:

  • Appointment Announcement: Sunil Kakkar has been appointed as Whole-Time Director, designated as Director (Corporate Planning) at Maruti Suzuki India Limited (MSIL).
  • Term Duration: His tenure will run from April 1, 2025, to March 31, 2028.
  • Corporate Focus: The appointment highlights Maruti Suzuki’s emphasis on strategic planning, supply chain advancement, and localisation.

Important Terms Explained:

  • Whole-Time Director: A board member involved in the company’s day-to-day operations, holding a full-time executive role.
  • Corporate Planning: A strategic role involving long-term business planning, coordination of operations, and alignment with company goals.
  • Localisation: The strategy of sourcing and manufacturing components within the country to reduce dependence on imports and promote domestic industry.
  • SIAM: The Society of Indian Automobile Manufacturers, an industry body representing leading vehicle and engine manufacturers in India.
  • Aatmanirbhar Bharat: A national movement launched by the Government of India to promote self-reliance across sectors, including manufacturing and sourcing.

Tabular Summary:

Key Detail Information
Event Sunil Kakkar has been appointed as Whole-Time Director (Corporate Planning) at Maruti Suzuki.
Date The announcement was made in March 2025.
Location The appointment was made by Maruti Suzuki India Limited, based in New Delhi.
Term Duration His tenure will be from April 1, 2025, to March 31, 2028.
Current Role He is currently serving as Senior Executive Officer, Corporate Planning.
Experience He has over 35 years of experience at Maruti Suzuki.
Past Roles He has served as Head of Supply Chain and Plant Head of Gurgaon Production Operations.
Major Contributions He led supply chain development, joint ventures for AMT technology, fuel tanks, and localisation.
Industry Roles He is Chairman of SIAM’s Aatmanirbhar Bharat-Sourcing Group.
Board Memberships He serves on the boards of Mark Exhaust Systems, SKH Metals, and Hanon Climate Systems India.

7. Which cricketer has been appointed as the brand ambassador of L&T Finance Ltd.?
A) Virat Kohli
B) Rohit Sharma
C) KL Rahul
D) Jasprit Bumrah
E) Shubman Gill
Answer: D) Jasprit Bumrah

Event and Location:

  • Event: Jasprit Bumrah Appointed as Brand Ambassador of L&T Finance Ltd.
  • Date: March 2025
  • Location: India

Mandates and Objectives:

  • Brand Collaboration: L&T Finance Ltd. has announced Indian cricketer Jasprit Bumrah as its brand ambassador.
  • Strategic Aim: The move is aimed at boosting brand presence, customer engagement, and market outreach.
  • Campaign Strategy: Bumrah will feature in both ATL (Above The Line) and BTL (Below The Line) marketing campaigns across platforms to promote LTF’s financial products and services.
  • Customer Focus: The initiative seeks to connect with LTF’s 2.5 crore+ customer base and expand its reach across rural and urban India.

Important Terms Explained:

  • ATL (Above The Line): A mass media strategy that involves advertising through mediums like TV, radio, and newspapers for broad reach.
  • BTL (Below The Line): A more targeted marketing approach involving direct communication, including events, sponsorships, and in-store promotions.
  • NBFC: Non-Banking Financial Company, a financial institution that offers banking services without meeting the legal definition of a bank.
  • Lakshya 2026: L&T Finance’s strategic roadmap that emphasizes customer-centricity, digital innovation, and fintech integration to drive retail finance growth.
  • Digital Sakhi: A flagship CSR project by LTF focused on empowering women with digital financial literacy and inclusion in rural India.
  • RISE Worldwide: A sports and entertainment management agency that facilitated the brand partnership between LTF and Jasprit Bumrah.

Tabular Summary:

Key Detail Information
Event L&T Finance Ltd. appointed Jasprit Bumrah as its brand ambassador.
Date The announcement was made in March 2025.
Location The partnership was formed in India.
Brand Ambassador Jasprit Bumrah has been chosen to represent the company in ATL and BTL campaigns.
Company Name L&T Finance Ltd. (LTF), a leading NBFC in India.
Marketing Focus The campaigns aim to increase brand awareness and engage a diverse customer base.
Market Presence LTF operates across 2 lakh villages with 2,028 rural and 185 urban branches, and 12,500+ touchpoints.
Core Focus Areas Rural Business Finance, Farm Equipment Finance, Two-wheeler Finance, and Urban Finance.
Strategic Roadmap Under “Lakshya 2026,” LTF is focusing on digital transformation and Fintech@Scale.
CSR Initiative Digital Sakhi project promotes women’s empowerment and digital financial inclusion.
Awards & Recognition LTF holds AAA credit ratings and is certified as a Great Place To Work®.
Facilitating Agency The partnership was facilitated by RISE Worldwide.

8. Who has been appointed as the Executive Director of the Foods and Refreshment Division at Hindustan Unilever Ltd. (HUL) effective April 7, 2025?
A) Rohit Jawa
B) Harman Dhillon
C) Rajneet Kohli
D) Arun Neelakantan
E) Shiva Krishnamurthy
Answer: C) Rajneet Kohli

Event and Location:

  • Event: Rajneet Kohli Appointed as Executive Director – Foods and Refreshment at HUL
  • Date: April 7, 2025
  • Location: India

Mandates and Objectives:

  • Leadership Transition: Rajneet Kohli has been appointed as Executive Director – Foods and Refreshment at Hindustan Unilever Ltd. (HUL), effective April 7, 2025.
  • Succession: He replaces Shiva Krishnamurthy, who stepped down to pursue an external opportunity.
  • Strategic Purpose: Kohli’s appointment is aimed at accelerating HUL’s foods and beverages business, a segment that contributes significantly to the company’s overall revenue.
  • Foods Business Focus: HUL’s food brands like Kissan, Knorr, Bru, Brooke Bond, Horlicks, Lipton, and Hellmann’s brought in ₹15,292 crore revenue in FY24, forming 25% of total turnover.

Important Terms Explained:

  • Executive Director – Foods and Refreshment: A senior leadership position responsible for overseeing strategy, growth, innovation, and operations of the food and beverage division in HUL.
  • Leadership Transition: In corporate terms, this refers to the planned change of senior leadership positions, often to align with evolving business strategies.
  • Digital Transformation: Refers to the use of digital technologies to fundamentally change business operations and deliver value to customers.
  • Consumer and Retail Sector: Refers to industries focused on products and services purchased by consumers, including FMCG, food, beverage, and lifestyle sectors.

Tabular Summary:

Key Detail Information
Event Rajneet Kohli has been appointed as Executive Director – Foods and Refreshment at HUL.
Date The appointment is effective from April 7, 2025.
Location The appointment was made at Hindustan Unilever Ltd. in India.
Predecessor He will replace Shiva Krishnamurthy, who is stepping down.
Previous Role He served as CEO & Executive Director of Britannia Industries till March 14, 2025.
Experience Rajneet Kohli has 30 years of experience in the consumer and retail sectors.
Companies Worked At Asian Paints, Coca-Cola, Jubilant FoodWorks, and Britannia Industries.
HUL’s Foods Business Brands Includes Kissan, Knorr, Bru, Brooke Bond, Lipton, Horlicks, and Hellmann’s.
Revenue from Foods Division The division generated ₹15,292 crore in FY24, contributing 25% to HUL’s total turnover.
Other Recent Appointments Rohit Jawa (MD & CEO, 2023), Harman Dhillon (Beauty & Well-being, 2023), Arun Neelakantan (2024).

9. Who has been appointed as the Chairman of the Indian Banks Association (IBA) for the upcoming fiscal year 2025–26?
A) MV Rao
B) Swarup Kumar Saha
C) A Manimekhalai
D) Challa Sreenivasalu Setty
E) Madhav Nair
Answer: D) Challa Sreenivasalu Setty

Event and Location:

  • Event: Challa Sreenivasalu Setty Appointed as IBA Chairman
  • Date: March 28, 2025
  • Location: India

Mandates and Objectives:

  • Appointment Announcement: Challa Sreenivasalu Setty, Chairman of State Bank of India (SBI), has been appointed as the Chairman of the Indian Banks Association (IBA).
  • Tenure: He will serve as IBA Chairman for the next fiscal year, succeeding MV Rao, CEO of Central Bank of India.
  • Objective: As Chairman, Setty will lead IBA’s efforts in policy advocacy, industry coordination, and banking sector development.
  • Role of IBA: The Indian Banks Association acts as the representative body for Indian banks, working with the government and regulators to promote banking reforms and policy alignment.

Important Terms Explained:

  • Indian Banks Association (IBA): An industry body of banking and financial institutions in India, established in 1946 to promote coordination, development, and advocacy in the banking sector.
  • Chairman of IBA: The elected head of IBA who guides policy and strategic direction for banking representation in India.
  • Deputy Chairmen: Senior banking leaders appointed to assist the IBA Chairman in policy initiatives and coordination.
  • Honorary Secretary: A designated member responsible for administrative functions and communication within the IBA.

Tabular Summary:

Key Detail Information
Event Challa Sreenivasalu Setty has been appointed Chairman of the Indian Banks Association (IBA).
Date Appointment confirmed after IBA Managing Committee meeting on March 28, 2025.
Appointed By Indian Banks Association (IBA)
New IBA Chairman Challa Sreenivasalu Setty (SBI Chairman)
Outgoing Chairman MV Rao (CEO, Central Bank of India)
Deputy Chairmen Appointed A Manimekhalai (Union Bank of India), Swarup Kumar Saha (Punjab & Sind Bank), Madhav Nair (BBK India)
Honorary Secretary B Ramesh Babu (CEO, Karur Vysya Bank)
Role of IBA Chairman Leads banking policy advocacy, coordinates with government, addresses sectoral challenges

Awards – Daily Current Affairs March 29 & 30

10. Who has been awarded the 2025 Abel Prize for outstanding contributions to algebraic analysis and representation theory?
A) Pierre Schapira
B) Luis Caffarelli
C) Masaki Kashiwara
D) Michel Talagrand
E) Dennis Sullivan
Answer: C) Masaki Kashiwara

Event and Location:

  • Event: Masaki Kashiwara Wins the 2025 Abel Prize
  • Date: March 2025
  • Location: Oslo, Norway

Mandates and Objectives:

  • Award Purpose: The Abel Prize honors outstanding contributions in mathematics, serving as an alternative to the Nobel Prize in this field.
  • Awardee Recognition: Masaki Kashiwara, a Japanese mathematician, was honored for groundbreaking work in algebraic analysis and representation theory.
  • Focus of Contribution: He developed the concept of D-modules and introduced crystal bases, both of which significantly advanced modern mathematics.
  • Broader Objective: The award promotes the recognition of lifelong contributions to mathematical innovation with real-world academic and scientific applications.

Important Terms Explained:

  • Abel Prize: A prestigious annual international mathematics award, established in 2002 by the Norwegian government, and administered by the Norwegian Academy of Science and Letters.
  • D-Modules: A mathematical framework introduced by Kashiwara to study linear differential equations, with applications in algebraic geometry, physics, and representation theory.
  • Crystal Bases: Simplified models used in representation theory and quantum group studies, allowing for easier and more efficient mathematical computation.
  • Niels Henrik Abel: A 19th-century Norwegian mathematician after whom the Abel Prize is named; known for proving the impossibility of solving general quintic equations by radicals.
  • Sophus Lie: A Norwegian mathematician who proposed the creation of a prize in Abel’s name in 1899, which inspired the modern Abel Prize.

Tabular Summary:

Key Detail Information
Event Masaki Kashiwara has been awarded the 2025 Abel Prize.
Date The award was announced in March 2025.
Location The prize is awarded by the Norwegian Academy of Science and Letters in Oslo, Norway.
Awarding Body The Norwegian Academy of Science and Letters administers the Abel Prize.
Recipient Japanese mathematician Masaki Kashiwara.
Key Contributions Development of D-modules and discovery of crystal bases in representation theory.
Prize Money 7.5 million Norwegian kroner (approximately $720,000).
Impact Areas Algebraic analysis, representation theory, algebraic geometry, theoretical physics.
Historical Background The prize was established in 2002 on the 200th anniversary of Abel’s birth, inspired by Sophus Lie’s proposal.
Previous Winners Michel Talagrand (2024), Luis Caffarelli (2023), Dennis Sullivan (2022).

 

Defence – Daily Current Affairs March 29 & 30

11. What is the name of the Tri-Service integrated multi-domain warfare exercise conducted by the Indian Army in Arunachal Pradesh in March 2025?
A) Vayu Shakti
B) Poorvi Prahar
C) Surya Kiran
D) Prachand Prahaar
E) Garuda Shakti
Answer: D) Prachand Prahaar

Event and Location:

  • Event: Prachand Prahaar – Tri-Service Integrated Multi-Domain Warfare Exercise
  • Date: March 25–27, 2025
  • Location: Arunachal Pradesh (High-altitude terrain)

Mandates and Objectives:

  • Purpose: The exercise aimed to validate joint surveillance, command and control, and precision firepower by integrating Indian Army, Navy, and Air Force capabilities.
  • Command: Conducted under the Eastern Command.
  • Multi-Domain Operations: Emphasis was placed on integrating land, air, sea, space, and cyber warfare domains.
  • Realistic Scenarios: Conducted in an electronically contested environment to simulate communication and data disruption challenges.
  • Enhanced Readiness: It enhanced jointness, inter-service coordination, and rapid response in high-altitude warfare conditions.

Important Terms Explained:

  • Tri-Service Exercise: A military drill involving all three branches – Army, Navy, and Air Force – working together under a unified operational framework.
  • Multi-Domain Warfare: Simultaneous engagement across multiple domains, including land, air, sea, cyber, and space, to achieve strategic superiority.
  • Loitering Munitions: Also known as kamikaze drones, these are unmanned aerial weapons that hover before striking a target.
  • Swarm Drones: A coordinated group of drones used to overwhelm enemy defenses or conduct collective surveillance and attack missions.
  • Electronically Contested Environment: A combat simulation where electronic warfare techniques are used to disrupt enemy communication and data networks.
  • Eastern Command: One of the operational commands of the Indian Army, responsible for securing India’s eastern borders.

Tabular Summary:

Key Detail Information
Exercise Name ‘Prachand Prahaar’ was conducted as a tri-service integrated warfare exercise.
Dates The exercise was held from March 25 to 27, 2025.
Location It took place in high-altitude terrain of Arunachal Pradesh.
Conducted By The Indian Army, in coordination with the Indian Navy and Indian Air Force.
Command Structure The exercise was conducted under the Eastern Command of the Indian Army.
Key Objective To validate integrated surveillance, command & control, and precision firepower capabilities.
Warfare Focus The exercise emphasized jointness, electronic warfare, and real-time coordination across all military domains.
Technologies Used UAVs, long-range reconnaissance aircraft, loitering munitions, swarm drones, artillery, fighter aircraft.
Key Features Included simulation of modern battlefield scenarios in an electronically contested environment.
Comparison with Previous Drill Built upon ‘Poorvi Prahar’ (Nov 2024), with enhanced focus on multi-domain integration.
Strategic Significance Demonstrated India’s combat readiness and sent a strategic message near the Line of Actual Control (LAC).

12. Which two countries are participating in the 14th edition of the bilateral maritime exercise INDRA 2025?
A) India and United States
B) India and Japan
C) India and Russia
D) India and France
E) India and Australia
Answer: C) India and Russia

Event and Location:

  • Event: INDRA 2025 – 14th Edition of India-Russia Bilateral Naval Exercise
  • Date: March 28 – April 2, 2025
  • Location: Chennai (Harbour Phase) and Bay of Bengal (Sea Phase)

Mandates and Objectives:

  • Strategic Partnership: Exercise INDRA represents the long-standing strategic partnership between India and Russia, aimed at strengthening maritime cooperation.
  • Purpose: To improve naval interoperability, conduct joint tactical drills, and enhance operational coordination between the Indian and Russian navies.
  • Defence Diplomacy: The exercise fosters military-to-military cooperation and promotes regional maritime security and stability.
  • Knowledge Exchange: Involves Subject Matter Expert Exchanges (SMEEs), joint operations, and interaction among naval professionals to share operational best practices.

Important Terms Explained:

  • INDRA: A joint military exercise conducted annually or biennially between India and Russia, involving Army, Navy, or Air Force components. In this edition, it is a naval exercise.
  • Harbour Phase: The onshore part of the exercise involving ship visits, briefings, SMEEs, and cultural exchanges.
  • Sea Phase: The offshore segment with live weapon firings, anti-air operations, tactical manoeuvres, and cross-deck helicopter landings.
  • P-8I Aircraft: A long-range maritime patrol and reconnaissance aircraft used by the Indian Navy for anti-submarine and surveillance missions.

Tabular Summary:

Key Detail Information
Event India and Russia are conducting the 14th edition of the bilateral naval exercise INDRA 2025.
Date The exercise is scheduled from March 28 to April 2, 2025.
Location It is being held off Chennai (Harbour Phase) and in the Bay of Bengal (Sea Phase).
Harbour Phase Held from March 28 to 30, involving SMEEs, ship visits, sports events, and pre-sail briefings.
Sea Phase Conducted from March 31 to April 2 with drills like live firings, anti-air ops, and manoeuvres.
Indian Naval Assets INS Rana, INS Kuthar, and P-8I maritime patrol aircraft are participating from India.
Russian Naval Assets RFS Pechanga, RFS Rezkiy, and RFS Aldar Tsydenzhapov are representing the Russian Navy.
Objective To enhance interoperability, strengthen naval cooperation, and promote regional maritime security.

International Affairs – Daily Current Affairs March 29 & 30

13. Which city hosted the International Ramayana Conclave highlighting Sri Lanka’s significance in the epic?
A) Ayodhya
B) Kathmandu
C) Colombo
D) Chennai
E) Bangkok
Answer: C) Colombo

Event and Location:

  • Event: International Ramayana Conclave
  • Date: March 2025
  • Location: Swami Vivekananda Cultural Centre, Colombo, Sri Lanka

Mandates and Objectives:

  • Organizing Body: The conclave was hosted by the International Ramayana and Vedic Research Institute.
  • Cultural Aim: To explore the historical, religious, and philosophical aspects of the Ramayana, particularly Sri Lanka’s connection to the epic.
  • Strengthening Bonds: The event served to enhance India–Sri Lanka cultural ties through shared spiritual heritage.
  • Promotion of Spiritual Tourism: The conclave focused on highlighting Ramayana-linked sites in Sri Lanka to encourage research and pilgrimages.

Important Terms Explained:

  • Ramayana Conclave: A gathering of scholars and religious leaders to discuss the significance of the Ramayana and its global impact, especially in connection with Sri Lanka.
  • Seetha Eliya: A revered site near Nuwara Eliya, believed to be the location where Sita was held captive by Ravana.
  • Manavari Temple: Located in Chilaw, this is considered the first site where Lord Rama installed a Shiva Lingam post his victory.
  • Munneswaram Temple: A significant temple where Lord Rama is believed to have worshipped Lord Shiva, post the war with Ravana.
  • Lord Rama’s Global Influence: Rama’s values and ideals have culturally influenced countries such as Thailand, Indonesia, Cambodia, and Nepal.

Tabular Summary:

Key Detail Information
Event The International Ramayana Conclave was held to explore Sri Lanka’s role in the Ramayana epic.
Date The conclave was held in March 2025.
Location The event took place at the Swami Vivekananda Cultural Centre in Colombo, Sri Lanka.
Organizer The conclave was organized by the International Ramayana and Vedic Research Institute.
Key Speakers Prof. Manoj Dixit (Bikaner University), Prof. Neerja Gupta (Gujarat University), and religious leaders from India and Sri Lanka.
Topics Discussed Discussions focused on Lord Rama’s influence, the Ramayana’s global reach, and Sri Lanka’s importance in the epic.
Important Sites Highlighted The conclave discussed Seetha Eliya, Manavari Temple, and Munneswaram Temple as major Ramayana-related sites.
Objective The event aimed to promote spiritual tourism and cultural research linked to the Ramayana.
Cultural Impact The conclave emphasized the global admiration for Lord Rama’s values, especially in Southeast Asia.

14. What is the name of the humanitarian operation launched by India to assist earthquake-hit Myanmar in March 2025?
A) Operation Maitri
B) Operation Shakti
C) Operation Brahma
D) Operation Sahyog
E) Operation Mitra
Answer: C) Operation Brahma

Event and Location:

  • Event: India Launches ‘Operation Brahma’ for Quake-Hit Myanmar
  • Date: March 29, 2025
  • Location: Myanmar (Aid launched from India)

Mandates and Objectives:

  • Emergency Humanitarian Aid: ‘Operation Brahma’ is India’s emergency relief mission to assist Myanmar following a devastating earthquake.
  • Prime Minister’s Assurance: PM Narendra Modi spoke with Senior General Min Aung Hlaing, assuring full support including relief materials, medical assistance, and search & rescue teams.
  • Relief Objective: To provide field hospitals, food and essential supplies, medical teams, and rescue personnel in coordination with the Myanmar government.
  • First Responder Role: The mission highlights India’s role as a first responder in the Indo-Pacific region during regional crises.

Important Terms Explained:

  • Operation Brahma: A humanitarian relief operation launched by India in March 2025 to assist Myanmar after a powerful earthquake.
  • Field Hospital: A temporary medical facility equipped to handle emergency care, surgery, and diagnostics during natural disasters.
  • HADR: Humanitarian Assistance and Disaster Relief, operations typically conducted by military and civil agencies to provide aid after disasters.
  • Shatrujeet Brigade: A Special Forces unit of the Indian Army, providing highly trained personnel for missions including emergency response.
  • Ethnic Armed Organizations (EAOs): Armed groups in Myanmar that control territories and resist the military regime; they present logistical challenges in aid delivery.

Tabular Summary:

Key Detail Information
Event India launched ‘Operation Brahma’ to assist earthquake-affected Myanmar.
Date Operation began on March 29, 2025.
Aid Provided Relief materials, search & rescue teams, medical teams, field hospital, and naval HADR support.
Key Personnel Involved Lt Col Jagneet Gill (Shatrujeet Brigade), Brigadier H.S. Mavi (Military Ops), Commodore Raghu Nair (Navy)
Aircraft Involved C-130 Indian Air Force aircraft deployed from Hindon Airbase to Yangon.
Field Hospital Origin Agra; previously used in Operation Dost during Turkey’s 2023 earthquake.
Field Hospital Capacity 118 personnel, operational theatre, X-ray, dental units, lady officers for medical aid.
Naval Assistance Four ships deployed carrying 50 tonnes of relief supplies to Yangon.
Communication Channel Relief coordinated through Myanmar government (not directly with EAOs).
Challenge Aid access complicated by conflict zones controlled by Ethnic Armed Organizations (EAOs).
Death Toll 1,644 as of latest reports, with ongoing search and rescue operations.

National Affairs – Daily Current Affairs March 29 & 30

15. Who inaugurated Techkriti 2025, Asia’s largest intercollegiate tech and entrepreneurial festival at IIT Kanpur?
A) Air Marshal Ashutosh Dixit
B) Prof. Manindra Agrawal
C) General Anil Chauhan
D) General Manoj Pande
E) Rajnath Singh
Answer: C) General Anil Chauhan

Event and Location:

  • Event: Techkriti 2025 – IIT Kanpur’s Flagship Technical and Entrepreneurial Festival
  • Date: March 2025
  • Location: Indian Institute of Technology (IIT) Kanpur, Uttar Pradesh

Mandates and Objectives:

  • Inauguration: Chief of Defence Staff (CDS) General Anil Chauhan inaugurated Techkriti 2025 at IIT Kanpur.
  • Theme: The theme for Techkriti 2025 was “Panta Rhei”, meaning Everything Flows, signifying continuous innovation in technology.
  • Future Warfare Focus: The CDS emphasized the need to modernize the armed forces using Cybersecurity, Artificial Intelligence (AI), Quantum Computing, and Cognitive Warfare.
  • Youth Engagement: Gen Chauhan encouraged young innovators to contribute to technological self-reliance and national security.
  • Industry Collaboration: The event aimed to enhance Defence–Academia–Industry synergy for innovation in indigenous technologies.

Important Terms Explained:

  • Chief of Defence Staff (CDS): The senior-most uniformed military officer who acts as the principal military advisor to the government and coordinates tri-service operations and modernization.
  • Techkriti: Asia’s largest intercollegiate technical and entrepreneurial festival, organized annually by IIT Kanpur.
  • Panta Rhei: A Greek phrase meaning Everything Flows, representing the constant evolution of knowledge and innovation.
  • Rakshakriti: A dedicated Defence Expo at Techkriti showcasing cutting-edge military technology developed indigenously.
  • Cognitive Warfare: A modern warfare concept using data and psychological tools to influence decision-making and perception.
  • Atmanirbhar Bharat: A national mission promoting self-reliance, especially in critical sectors like defence manufacturing and technology.

Tabular Summary:

Key Detail Information
Event Techkriti 2025, the flagship technical and entrepreneurial fest of IIT Kanpur, was held in March 2025.
Location The event took place at the Indian Institute of Technology, Kanpur, Uttar Pradesh.
Inaugurated By Chief of Defence Staff General Anil Chauhan inaugurated the event.
Theme The theme was “Panta Rhei” meaning Everything Flows.
Key Attendees Air Marshal Ashutosh Dixit and Prof. Manindra Agrawal also participated in the event.
Focus Areas Key technologies discussed included Cybersecurity, AI, Quantum Computing, and Cognitive Warfare.
Special Feature A Defence Expo titled ‘Rakshakriti’ was held to showcase indigenous defence innovations.
Defence Tech Showcased Included autonomous drones, AI-driven warfare systems, and indigenous weapon systems.
Main Objective The event focused on strengthening collaboration between Defence, Academia, and Industry.
National Relevance The event aligns with the Atmanirbhar Bharat initiative to promote self-reliance in defence technology.

16. Which two entities have collaborated to launch a multilingual, multimodal grievance redressal system for CPGRAMS?
A) NIC and Bhashini
B) MeitY and MyGov
C) DARPG and Bhashini
D) PMO and Digital India
E) NITI Aayog and CPGRAMS
Answer: C) DARPG and Bhashini

Event and Location:

  • Event: DARPG and Bhashini Collaborate for a Multimodal, Multilingual Grievance Redressal System
  • Date: Agreement signed on March 28, 2025
  • Location: India

Mandates and Objectives:

  • Collaborative Initiative: The Department of Administrative Reforms and Public Grievances (DARPG) has partnered with Digital India Bhashini to enhance grievance redressal accessibility.
  • Platform Involved: The initiative is being implemented on CPGRAMS (Centralized Public Grievance Redress and Monitoring System).
  • Multilingual Capability: Citizens can file grievances in 22 regional languages using both voice and text input.
  • Technology Integration: The system integrates Artificial Intelligence (AI) and Natural Language Processing (NLP) for real-time voice-to-text conversion and automated grievance classification.
  • Purpose: To make governance more accessible, inclusive, and responsive by breaking language and digital literacy barriers.

Important Terms Explained:

  • DARPG: Department of Administrative Reforms and Public Grievances under the Ministry of Personnel, Public Grievances and Pensions, responsible for governance reforms and grievance redress.
  • Bhashini: A flagship initiative under Digital India, aiming to develop and deploy language translation and AI solutions to promote digital inclusivity.
  • CPGRAMS: Centralized Public Grievance Redress and Monitoring System, an online platform for citizens to lodge grievances related to public services.
  • AI & NLP: Technologies used to automate the voice-to-text conversion, classify grievances, and improve system responsiveness.
  • Multimodal Input: Accepting inputs via multiple formats, such as voice and text, for greater user convenience.

Tabular Summary:

Key Detail Information
Event DARPG and Bhashini have signed an agreement to develop a multilingual, multimodal grievance system.
Date of Agreement The agreement was signed on March 28, 2025.
Expected Launch The AI-powered system is planned for rollout in July 2025.
Launched By Department of Administrative Reforms and Public Grievances (DARPG) and Digital India Bhashini.
Platform The system will be integrated into CPGRAMS (Centralized Public Grievance Redress and Monitoring System).
Language Support Citizens can file grievances in 22 regional languages.
Modes of Input Voice and text-based input modes will be available.
Technology Used The system will use Artificial Intelligence and Natural Language Processing.
Objective To improve accessibility, inclusivity, and efficiency in grievance redressal mechanisms.
National Alignment This initiative supports Digital India and Atmanirbhar Bharat goals in AI-driven governance innovation.

17. What is the name of the new app-based taxi service launched under the cooperative model by the Indian government?
A) Sahyog
B) Sahkar
C) Samriddhi
D) LokSeva
E) Sahyatra
Answer: B) Sahkar

Event and Location:

  • Event: Government to Launch ‘Sahkar’ Taxi Service Under Cooperative Model
  • Date: March 2025 (Announcement made in Parliament)
  • Location: India

Mandates and Objectives:

  • Government Initiative: The ‘Sahkar’ taxi service is a government-backed ride-hailing platform based on the cooperative model, announced by Union Home and Cooperation Minister Amit Shah.
  • Mission Alignment: It aligns with the ‘Sahkar se Samriddhi’ mission, promoting economic prosperity through cooperation.
  • Objective: To provide a driver-owned, transparent, and profit-sharing alternative to corporate platforms like Ola and Uber.
  • Legal Framework: Announced during the discussion on the Multi-State Cooperative Societies (Amendment) Bill, 2023 in Parliament.
  • Implementation Plan: The service will be piloted in key cities and scaled nationally based on outcomes.

Important Terms Explained:

  • Sahkar Taxi Service: A cooperatively-run ride-hailing platform where drivers are owners and beneficiaries, ensuring fair earnings and shared profits.
  • Sahkar se Samriddhi: A central government initiative to empower the cooperative sector and promote self-reliant, inclusive economic models.
  • Multi-State Cooperative Societies (Amendment) Bill, 2023: A legislative update aiming to modernize and strengthen cooperatives, including the proposal to set up a National Cooperative University.
  • National Cooperative University: A proposed institution that will offer education, training, and certifications in cooperative governance and management.
  • CCPA: Central Consumer Protection Authority, a regulatory body that issued notices to Ola and Uber over alleged discriminatory pricing practices.

Tabular Summary:

Key Detail Information
Event The government announced the launch of ‘Sahkar’, a cooperative-based app taxi service.
Date The announcement was made in March 2025 during a Parliament session.
Announced By Amit Shah, Union Minister of Home and Cooperation.
Purpose To provide a fair and inclusive alternative to Ola and Uber via a cooperative ownership model.
Key Features Driver-owned model, profit-sharing, transparent pricing, backed by the Ministry of Cooperation.
Technology The platform will support voice- and app-based bookings with a focus on user experience.
Rollout Plan Pilot in key cities, followed by a nationwide expansion.
Legal Backing Introduced alongside the Multi-State Cooperative Societies (Amendment) Bill, 2023.
Related Institution Proposal for a National Cooperative University to educate and train professionals in cooperative governance.
Broader Initiative Part of the ‘Sahkar se Samriddhi’ mission for cooperative development and self-reliant economy.


Over All Review

Important Days

  • The United Nations declared March 30 as the International Day of Zero Waste in the year 2022.

Ranking 

  • Punjab & Sind Bank was awarded as Top Improvers in the EASE 6.0 Reforms Index.
  • Shanghai has overtaken Mumbai as Asia’s new billionaire capital with 92 billionaires.

Business And Economy

  • India’s Current Account Deficit rose to 1.1% of GDP at $11.5 billion in Q3 FY25.
  • India’s core sector growth slowed to 2.9% in February 2025, the weakest in five months.

Appointments

  • Sunil Kakkar has been appointed as Whole-Time Director at Maruti Suzuki for a three-year term.
  • Jasprit Bumrah has been appointed as the brand ambassador of L&T Finance Ltd.
  • Rajneet Kohli has been appointed as Executive Director – Foods and Refreshment at HUL.
  • Challa Sreenivasalu Setty has been appointed as Chairman of the Indian Banks Association.

Awards 

  • Masaki Kashiwara has been awarded the 2025 Abel Prize for work in algebraic analysis and representation theory.

Defence

  • The Indian Army conducted the Tri-Service ‘Prachand Prahaar’ exercise from March 25 to 27, 2025.
  • India and Russia are conducting the 14th edition of Exercise INDRA from March 28 to April 2, 2025.

International Affairs

  • The International Ramayana Conclave was hosted in Colombo by the International Ramayana and Vedic Research Institute.
  • India launched ‘Operation Brahma’ to aid Myanmar following a deadly earthquake on March 29, 2025.

National Affairs

  • Techkriti 2025 was inaugurated by CDS General Anil Chauhan at IIT Kanpur.
  • DARPG and Digital India Bhashini have partnered to launch a multilingual grievance redressal system.
  • The government has announced ‘Sahkar’, a cooperative-based taxi service to compete with Ola and Uber.

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