Daily Current Affairs: March 04, 2022

Daily Current Affairs (March 04, 2022) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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Important Days

National Safety Day (India) – 04 March

• National Safety Day (India) is observed annually on 04 March to commemorate the foundation of the National Safety Council in India. This day aims to highlight the importance of following safety regulations and measures to avoid workplace mishaps.
• The theme for National Safety Day 2022 is ‘Nurture young minds, develop a safety culture’.

National News

Union Minister for Women & Child Development Smriti Zubin Irani launches the ‘Stree Manoraksha Project’

• The Union Ministry of Women and Child Development is celebrating the International Women’s Day Week from 01 March 2022 to 08 March 2022 as a part of nationwide celebrations of the ‘Azadi Ka Amrit Mahotsav’.
• Union Ministry of Women and Child Development Smriti Zubin Irani has launched the ‘Stree Manoraksha’ project in collaboration with the National Institute of Mental Health and Neuro Sciences (NIMHANS).
• This project will cover insurance of ₹ 5 lakhs for the workers of One Stop Centres (OSC) under the Nirbhaya Fund.

State News

Arunachal Pradesh is set to get a Greenfield Airport in Hollongi

• Airports Authority of India (AAI) has undertaken the work of constructing a Greenfield Airport in Hollongi, which is 15 km from Itanagar.
• This project worth ₹ 645 crores includes the construction of airport pavements, airside work, terminal airport building and city side works.

Arunachal Pradesh

• Capital: Itanagar
• Chief Minister: Pema Khandu
• Governor: B. D. Mishra (Retd.)

Assam Government declares entire state as ‘Disturbed Area’ for up to 6 months

• The Assam Government has declared the entire state as a ‘Disturbed Area’ for up to six months. This declaration was made as per powers conferred under Section 3 of the Armed Forces (Special Powers) Act, 1958.

Assam     

• Capital: Dispur
• Chief Minister: Himanta Biswa Sarma  
• Governor: Jagdish Mukhi
• National Parks: Orang National Park, Manas National Park, Dibru-Saikhowa National Park, Kaziranga National Park, Nameri National Park, Raimona National Park, Dihing-Patkai National Park

India’s first FSRU arrives at H-Energy’s Jaigarh terminal in Maharashtra

• India’s first Floating Storage and Regasification Unit (FSRU) named Hoegh Giant arrived at H-Energy’s Jaigarh terminal in Maharashtra. Hoegh Giant has sailed from Keppel Shipyard, Singapore.
• This H-Energy’s commitment is a significant contributor to the Indian liquefied natural gas (LNG) sector as well as its focus on sustainable and green energy solutions.

Maharashtra    

• Capital: Mumbai
• Chief Minister: Uddhav Thackeray
• Governor: Bhagat Singh Koshyari
• National Parks: Chandoli National Park, Gugamal National Park, Nawegaon National Park, Pench (Jawaharlal Nehru) National Park, Sanjay Gandhi (Borivilli) National Park, Tadoba National Park

International News

International Telecommunication Union is set to open an area office and innovation centre for South Asia in New Delhi

• Union Minister of Telecom Ashwini Vaishnaw and the International Telecommunication Union (ITU) Secretary-General Houlin Zhao signed a pact to establish an area office and innovation centre of the United Nations telecom body ITU in New Delhi.
• The setting up of this area office will provide greater access and engagement to India and South Asian countries in global policy and standard formation in the field of telecommunication.

Special Logo to Mark 75^th Anniversary of Diplomatic Relations between India and the Netherlands

• This year (2022) India and the Netherlands are commemorating the 75^th anniversary of the establishment of diplomatic relations between the two countries.
• To mark the occasion, Sanjay Verma, Secretary (West) in the Union Ministry of External Affairs and Marten van den Berg, ambassador of the Netherlands to India released a joint logo.
• The logo features a lotus and a tulip – the national flowers of both countries. The chakra in the middle of the logo depicts the bond of our friendship and the flag colours enhance the connections that exist between the people of India and the people of the Netherlands.

The Netherlands:

• Capital: Amsterdam
• Currency: Euro
• Prime Minister: Mark Rutte

Swiss International Air Lines becomes the first airline in the world to use solar aviation fuel

• Swiss International Air Lines (SWISS) became the first airline in the world to use solar aviation fuel (sun-to-liquid fuel).  SWISS and its parent Lufthansa Group have agreed with synthetic fuel group Synhelion to use its solar aviation fuel.
• This process devised by Synhelion, a spinoff from the Swiss Institute of Technology, uses concentrated sunlight to produce carbon-neutral kerosene.

Banking and Economy

RBI cancels the licence of Maharashtra’s Sarjeraodada Naik Shirala Sahakari Bank Limited

• The Reserve Bank of India (RBI) has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited.
• This bank was found to lack adequate capital and earning prospects under Section 11(1) and Section 22(3) (d) read with Section 56 of the Banking Regulation Act, 1949.

CDSL becomes the first depository in India with 60 million active demat accounts

• Central Depository Services Limited (CDSL) became the first depository in India that has more than six-crore plus (60 million) active demat accounts. The focus of registration of new demat accounts is shifting from metro cities to tier II and tier III cities according to the recent trends.
• CDSL is India’s only listed depository.

Central Depository Services (India) Limited (CDSL)

• Headquarters: Mumbai, Maharashtra
• Founded: February 1999

Agreements and MoUs signed

LoanTap partners with ArkaFincap Limited and MAS Financial Services for new digital co-lending models

• LoanTap has partnered with ArkaFincap Limited and MAS Financial Services Limited (MAS) in a co-lending model for the salaried and Micro, Small and Medium Enterprise (MSME)
• This collaboration will allow LoanTap to utilise its technology and quick processes to tap into a larger customer base and enable loan disbursals.

Indian Oil partners with Kotak Mahindra Bank for a co-branded credit card

• Kotak Mahindra Bank and Indian Oil Corporation have announced a strategic partnership to launch the Indian Oil Kotak co-branded fuel credit card.
• This collaboration will offer more value to customers in the form of an enhanced rewards programme giving customers value on fuel spends and special non-fuel and frequent-spend categories, such as dining and groceries.

Kotak Mahindra Bank

• Headquarters: Mumbai, Maharashtra
• CEO: Uday Kotak
• Tagline: Let’s make money simple

Appointments

Bharti Axa Life Insurance appoints Vidya Balan as its brand ambassador

• Bharti Axa Life Insurance has appointed Bollywood actor Vidya Balan as its brand ambassador. With this partnership, she will help to strengthen Bharati AXA’s core values and deepen the ‘Do The Smart Thing’ narrative promoted by the brand.

Aviation veteran Sanjiv Kapoor was appointed CEO of Jet Airways

• Aviation veteran Sanjiv Kapoor was appointed as the new Chief Executive Officer (CEO) of Jet Airways.
• He has previously worked as the Chief Operating Officer (COO) at SpiceJet and the Chief strategy and Commercial Officer at Vistara.

Obituary

Oscar-winning producer Alan Ladd Jr. passed away at 84

• Oscar-winning producer Alan Ladd Jr. passed away at the age of 84. He was a former executive at the Twentieth Century Fox greenlit ‘Star Wars’.
• He won the Oscar Award for Best Picture ‘Braveheart’ directed by Mel Gibson.

Sports News

Divya Deshmukh wins her maiden title at the 2022 National Women’s Chess Championship

• Divya Deshmukh defeated Soumya Swaminathan to claim National Women’s Chess Championship 2022. She is the first teenager to win the senior chess title
• Divya Deshmukh has also become Nagpur’s first senior national women’s chess champion.

Indian shooters Nivetha, Esha and Ruchita win the gold medal in the women’s 10 m air pistol team event at the ISSF World Cup 2022

• Indian trio of Nivetha, Esha Singh and Ruchita Vinerkar won the gold medal in the women’s 10 m air pistol team event of the ISSF World Cup 2022 held in Cairo, Egypt.
• Germany’s Andrea Katharina Heckner, Sandra Reitz and Carina Wimmer won the silver medal.

Grandmaster Arjun Erigaisi wins the fifty-eighth edition of the Senior National Chess Championship in 2022

• Grandmaster Arjun Erigaisi of Telangana won the fifty-eighth edition of the Senior National Chess Championship in 2022. He was followed by Gukesh, P. Iniyan and Aravindh Chithambaram.

BCCI announces RuPay as its official partner for the Indian Premier League

• Board of Control for Cricket in India (BCCI) has announced RuPay as an official partner for the Indian Premier League. RuPay offers tech-led and innovative to people across India and internationally.

Board of Control for Cricket in India (BCCI)

• Headquarters: Mumbai, Maharashtra
• President: Sourav Ganguly
• Secretary: Jay Shah
• CEO (Interim): Hemang Amin

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