Professional Documents
Culture Documents
in
Contents
Important Days ............................................................ 1 National News............................................................ 33
Books And Authors....................................................... 4 Banking & Finance..................................................... 47
Awards ......................................................................... 5 International News .................................................... 53
Appointments ............................................................ 11 Defence ...................................................................... 59
Obituaries................................................................... 17 Science Tech .............................................................. 64
Ranking & Index News ............................................... 19 Sports ......................................................................... 67
State News ................................................................. 23
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Current Affairs March 2023 www.parchamclasses.in
Important Days
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Current Affairs March 2023 www.parchamclasses.in
20 Mar World Oral Health Theme (2021 – 2023),'Be Proud of Your Mouth.
Day
23 Mar World 2023 theme: The future of weather, climate, and water across
Meteorological generations
Day Commemorates the establishment of the World Meteorological
Organization (WMO), on March 23, 1950.
23 Mar Shaheed Diwas to honour the martyrdom of Bhagat Singh, Shivram Rajguru, and
Sukhdev Thapar in 1931.
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25 Mar International Day Theme 2023 – Fighting Slavery’s Legacy of Racism Through
of Remembrance Transformative Education
of the Victims of The day honours and remembers those who suffered and died as a
Slavery and the consequence of the transatlantic slave trade.
Transatlantic Slave
Trade
27 Mar World Theatre Theme 2023 – Theatre and a Culture of Peace
Day
30 Mar Rajasthan Day The State was formed on 30th March 1949 when Rajputana – name as
adopted by British Crown was merged into the Dominion of India
30 Mar International Day Observed for the first time on 30 March 2023 and jointly facilitated by
of Zero Waste UNEP and UN-Habitat, aims to raise awareness of the importance of
zero waste
The day encourages people to adopt practices that minimize waste,
reuse and recycle materials, and reduce the amount of waste
generated.
World Wildlife Day is observed on which date? What was the theme of the International Day of
• 3 March Mathematics 2023?
• 4 March • Mathematics for a Better World
• 7 March • Mathematics Unites
• 14 March • Mathematics is Everywhere
• Mathematics for Everyone
Which day is observed as Ordnance Factories
Day?
• 14 March
• 15 March
• 16 March
• 18 March
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Awards
95th Oscars Winners 2023
Category Winner
RRR is the first Indian film to be nominated for Academy Awards in the last two
decades, while 'Naatu Naatu' was the first Indian song to be nominated for an Oscar.
Music director MM Keeravani received the award.
Note - the song 'Jai Ho' from the UK film 'Slumdog Millionaire' directed by Danny Boyle
is the first Hindi song to win an Academy Award in the Best Original Score and Original
Song categories.
Its music was composed by AR Rahman and its lyrics were written by Gulzar.
Rajamouli's RRR has also won the BAFTA 2023 in the Film Not in the English Language
category, the Golden Globe in the Best Original Song category, and the Best Song
award at the 28th edition of the Critics' Choice Awards.
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Que: Who won the Professional Photographer of the Year award at the 8th National
Photography Awards?
Ans: Shashi Kumar Ramachandran
• Union Minister of State for Information and Broadcasting Dr L. Murugan presented
the 8th National Photography awards in New Delhi
• Ms Sipra Das was conferred the Lifetime Achievement Award.
• The theme for the Professional category was “Life and Water”
Mirabel Chanu won BBC Indian Sportswoman of The Year for 2022
She becomes the first athlete to win the award twice in a row after winning for the
year 2021.
At the 2020 Tokyo Olympics, she became the first Indian to win a silver medal in
weightlifting.
Other BBC awards for 2022:
Para Sportswoman: Bhavina Patel (TT Player)
Lifetime Achievement Award: Pritam Siwach (Women Hockey Player)
Emerging Player: Nitu Ghanghas (Boxer)
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Asian Chess Federation confers D Gukesh with Player of the Year award
for clinching the gold medal with a record-breaking score of 9/11 in the 44th Chess
Olympiad at Mahabalipuram last year.
The All India Chess Federation (AICF) bagged the 'Most Active Federation' award
Tamil Nadu Chief Minister M K Stalin has been conferred with Man-of-the-Year award
for his effort in the successful hosting of the FIDE Chess Olympiad in August last year
within a short notice of four months.
HDFC Bank’s Sashidhar Jagdishan is ‘Business Standard Banker of the Year 2022
42 lakh essays on Assam War hero Lachit Borphukan enter Guinness World Record
The compilation of over 42 lakh essays on the brave Ahom General Lachit Borphukan
has been recognized by Guinness World Records as the "Largest Online Photo Album
of Handwritten Notes".
Assam Chief Minister Himanta Biswa Sarma received a certificate for the Guinness
World Record for the maximum number of essays written on a single person.
Lachit Borphukan
He was born on November 24, 1622 in Charaideo, the first capital of the Ahom kings.
He effectively led his army in the Battle of Saraighat in 1671, which defeated the Mughal army's attempt to
capture Assam.
He also fought the Battle of Alaboi on August 5, 1669 in the Alaboi Hills near Dadara in North Guwahati.
He was inspired to strengthen Indian naval power, revive inland water transport and build infrastructure
related to naval strategy.
He died on April 25, 1672.
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The awards were given in three categories namely “Kerala Jyothi”, “Kerala Prabha”
and “Kerala Shri”.
Kerala’s highest civilian honour “Kerala Jyothi” was awarded to writer M T Vasudevan
Nair.
In 2021, the government of Kerala instituted the civilian award “Kerala Puraskarangal”
on the model of the Padma awards.
Sacred Hopi site in Arizona awarded ICOMOS ‘Water and Heritage Shield’ 2023
A site located in Arizona (United States) and sacred to the Hopi Native American
Nation has been awarded a ‘Water and Heritage Shield’ by International
Committee on Monuments and Sites International Science Committee (ICOMOS
ISC)
The Shield was awarded to the Black Mesa Trust (BMT), a Hopi grassroots
organization.
Purpose of Shield: To aware public of the significance of water and indigenous
sacred sites all over the world and the right to cultural and historical memory
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Current Affairs March 2023 www.parchamclasses.in
Appointments
IPS officer Rashmi Shukla appointed Director-General of Sashastra Seema Bal
Rashmi Shukla will be the DG of Sashastra Seema Bal (SSB) till her superannuation
(30.06.2024).
SSB: A border protection force of India deployed along the borders with Nepal and
Bhutan.
SSB Founded: 1963; Headquarters: New Delhi
Director General of CRPF - Sujoy Lal Thaosen
Director General of BSF - Sujoy Lal Thaosen (additional charge)
Director General of the Indo-Tibetan Border Police – Anish Dayal Singh
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Current Affairs March 2023 www.parchamclasses.in
Asia's first woman loco pilot, Surekha Yadav now operates Vande Bharat Express
• She operated Vande Bharat Express from Solapur to Chhatrapati Shivaji Maharaj Terminal
(CSMT) in Maharashtra.
• She hails from Stara, Maharashtra, and become the country's first female train driver in
1988.
• Union Minister of Railway: Ashwini Vaishnaw
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Current Affairs March 2023 www.parchamclasses.in
Tech Mahindra names former Infosys President Mohit Joshi as MD and CEO
Mohit Joshi will take over for a period of five years when CP Gurnani retires on December
19, 2023.
Joshi is currently serving as the Infosys chairman.
Tech Mahindra was established in 1986.
It provides information technology (IT) services and solutions to the telecommunications
sector across the globe.
Hockey India appoints South African Craig Fulton as new Chief Coach of Indian
men's hockey team
Craig Fulton will replace Graham Reid who resigned in January 2023 following India's
poor performance in the World Cup.
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Que: Who has been enrolled in the Bar Council of the state as the first
transgender lawyer in Kerala?
Ans: Padma Lakshmi
In 2017, Joyita Mondal had become the first transgender woman to be appointed
as judge
Prof. Renu Cheema Vig appointed as the Vice Chancellor of Panjab University
Vice-President, Jagdeep Dhankhar appointed Prof (Dr.) Renu Cheema Vig as the
Vice Chancellor of Panjab University for a term of three years.
She is also the first woman to hold the position in the varsity’s 141-year history.
Que:Who has been elected as the Vice President of the International Boxing
Association (IBA)?
Ans: Ajay Singh
Boxing Federation of India (BFI) Chief Ajay Singh has been elected as the International
Boxing Association (IBA) Vice-President.
Singh will stay in the role till 2026 alongside Volodymyr Prodyvus of Ukraine and
Serbia’s Abdulmutalim Abakarov.
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Obituaries
Former Chief Justice of India Justice AM Ahmadi passed away
He was appointed as a judge of the High Court of Gujarat in 1976.
Some notable judgments Ahmadi was part of include Indra Sawhney v. Union of India
and Ismail Farooqui v. Union of India.
Justice Ahmadi served as the Chief Justice of India from 25 October 1994 until his
retirement on 24 March 1997.
Justice Ahmadi was also the third Muslim to serve as CJI.
Current Chief Justice (CJI) – Dr. Justice Dhananjay Yashwant Chandrachud
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India 8th in worst air quality, Lahore most polluted city in subcontinent
• The annual World Air Quality report was published by Swiss air quality technology company IQAir.
• India was ranked 8th out of 131, dropping three places from the previous year,
• Five most polluted countries in 2022 - Chad, Iraq, Pakistan, Bahrain, and Bangladesh
• India’s annual average PM2.5 level in 2022 was 53.3 μg/m3, more than 10 times the safe limit
• 118 (90%) out of 131 countries and regions exceeded the WHO annual PM2.5 guideline value of 5
µg/m3.
• Just six countries – Australia, Estonia, Finland, Grenada, Iceland and New Zealand – met the WHO's
safe limit
• Rajasthan's Bhiwadi was the most polluted city in India, with annual PM2.5 levels of 92.7 μg/m3.
• Lahore was the most polluted city in the world, followed by Hotan in China, and Bhiwadi in
Rajasthan.
• New Delhi is the second most polluted capital city
in the world, with N’Djamena in Chad topping the
list.
• A total of 39 Indian cities (including ‘Delhi’ and
‘New Delhi’) are on the list of 50 of the world’s
most polluted cities based on annual
average PM2.5 levels in 2022.
• The region of Central and South Asia was home to
eight of the world’s ten cities with the worst air
pollution.
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Current Affairs March 2023 www.parchamclasses.in
World Bank Women, Business and the Law 2023 report released
• According to the 9th Women, Business and the Law 2023 report, released by
World Bank, Belgium, Canada, and Denmark topped all eight indicators
• UAE has topped the MENA (Middle East and North Africa) region with 82.5
scores out of 100
• India scored 74.4 out of 100.
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• Indicators: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension
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• The total five major meat producing States are Maharashtra (12.25%), Uttar Pradesh (12.14%),
West Bengal (11.63%), Andhra Pradesh (11.04%), and Telangana (10.82%).
• The top five major wool producing States are Rajasthan (45.91%), Jammu and Kashmir (23.19%),
Gujarat (6.12%), Maharashtra (4.78%) and Himachal Pradesh (4.33%).
Protection Initiative:
Indian:
• In India, Item-67 of the Union List, Item-12 of the State List, and Item-40 of the Concurrent List of
the Constitution deal with the country’s heritage.
• Before Independence, the Antiquities (Export Control) Act was passed in April 1947 to ensure that
no antiquity could be exported without a license.
• The Ancient Monuments and Archaeological Sites and Remains Act was enacted in 1958 to protect
ancient monuments and archaeological sites from destruction and misuse.
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State News
Asia's longest ever cycle race flagged off from Srinagar, J&K
• Flagged off from Bakshi Stadium in Srinagar (J&K) and will culminate
at Kanyakumari (Tamil Nadu).
• The race will cover the longest highway, National Highway 44
distance of 3651 kilometers, passing through twelve major states
• It has been accorded the status of Asian Ultracycling Championship by the World Ultracycling
Association.
Que: In which district of Jammu and Kashmir the army hoisted the tallest 'Iconic National
Flag’?
Ans: Doda
In Jammu and Kashmir, Army installed the tallest ‘Iconic National Flag’ in the hilly Doda
district on a 100 feet-high pole
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Uttarakhand govt approves 10 % horizontal reservation for statehood activists in state govt jobs
The decision assumes significance since the governor had returned the bill granting 10 per cent reservation
to the statehood activists in the past.
Uttarakhand was formed in November 2000, before that there were agitations
regarding its formation.
About Uttarakhand
• Formation - November 9, 2000 as 27th state of India
• Chief Minister - Pushkar Singh Dhami
• Governor -Gurmit Singh
• Capital – Dehradun (Winter), Gairsain (Summer)
• State Animal - Alpine Musk Deer
• State Bird - Himalayan Monal
• State Flower - Brahma Kamal
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• The celebration takes place on the 14th and 15th of the first lunar month,
which often falls in February or March.
First Bodoland International Knowledge Festival : Assam
• The first Bodoland International Knowledge Festival recently began in Assam’s
Kokrajhar district.
• The festival is being hosted by Bodoland University with support from the Bodoland Territorial
Region (BTR) government.
• It aims to draw the best practices from across the world to enhance scientific temperament for the
creation of “Peaceful, Green and Smart Bodoland” in light of the Bodo Peace Accord 2020.
• Bodo Peace Accord 2020 is a tripartite accord signed in 2020 by representatives of Bodo
organizations with the Central and Assam governments.
Mizoram would export ‘Bird’s eye chilli’ of the state to the United States for the
first time
• 7.5 metric tons of organic bird’s eye chilli would be sent to the US
• Mizoram has obtained geographical identification (GI) tag for bird’s eye chilli or ‘Mizo chilli’.
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Current Affairs March 2023 www.parchamclasses.in
Indian hockey player Rani Rampal became the first woman in the sport to have a
stadium named after her
• The MCF Rae Bareli (U.P.)has renamed the hockey stadium as ‘Rani’s Girls
Hockey Turf’.
• Major Dhyan Chand Khel Ratna (2020) - Highest Sporting Honour of India.
• Padma Shri (2020) - fourth Highest Indian National Honour
• Arjuna Award - 2016
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Current Affairs March 2023 www.parchamclasses.in
Jharkhand govt launches job portal to ensure 75% local quota in pvt sector
• The Jharkhand government launched ‘Jharniyojan’ portal where all private
establishments have to register themselves.
• Its objective is to fulfill the state government's promise of ensuring 75 percent employment to local
candidates in the private sector of the state.
• Employers using the portal will have to comply with the 'Jharkhand State Employment of Local
Candidates in Private Sector Act, 2021'.
• As per the Act, 75% of jobs in the private sector with a salary of up to Rs 40,000 will be reserved for "locals"
in the state.
• It is applicable to all establishments which are in the private sector and where 10 or more persons are
employed.
• In case local companies face problems in getting skilled manpower locally, a provision has been made under
the Act to provide necessary training to eligible youth.
• Central or state government undertakings will not be covered under the Act.
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• It was brought from Netaji Subhas Chandra Bose International Airport, Kolkata to Bhubaneswar on
January 18, 2023.
• Before joining politics, Biju Patnaik was an ace pilot and also established Kalinga Airlines having a
fleet of 15 Dakota aircraft.
• The Indonesian government had twice decorated Biju Patnaik with 'Bhumiputra', the highest civilian
award of the country
The Archaeological Survey of India (ASI) has found a 1,300-year-old Buddhist stupa in Odisha’s Jajpur.
• at a Khondalite mining site at Parabhadi which is situated near Lalitagiri, a major Buddhist complex,
having a large number of stupas and monasteries.
• Lalitgiri Buddhist site is believed to be the most sacred among the three sites (Lalitagiri, Ratnagiri
and Udayagiri) .
• Khondalite is a type of metamorphic rock that is found in the Eastern Ghats region of India,
particularly in the state of Odisha.
• It is named after the Khondalite Group of rocks, which is believed to have formed around 1.6 billion
years ago during the Proterozoic era.
• Khondalite is primarily composed of feldspar, quartz, and mica, and has a distinct pinkish-grey
coloration. It is commonly used as a decorative stone in construction and is particularly prized for
its durability and resistance to weathering.
• Khondalite stones were widely used in ancient temple complexes.
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Que: Which state has become the first state to pass the Right to Health Bill?
Ans: Rajasthan
• Rajasthan became the first state to pass the Right to Health Bill in the Legislative Assembly.
• Under this, the residents of the state will be able to avail themselves of free OPD services and IPD
services in all public health facilities and in selected private hospitals.
• The bill was introduced in the assembly in September last year, but was sent to a select committee
following objections from the opposition BJP and doctors.
• Presently the Governor of Rajasthan State is Kalraj Mishra and the Chief Minister is Ashok Gehlot.
Parshottam Rupala inaugurates Camel Product Processing, Utilisation & Training Wing in Bikaner
• Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala inaugurated the
‘Camel Product Processing Utilisation & Training Wing’ at the ICAR center, Bikaner.
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• Methanol can be blended with gasoline or used as a standalone fuel in vehicles with modified
engines. It has a high octane rating, which means it can improve engine performance and reduce
harmful emissions.
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Current Affairs March 2023 www.parchamclasses.in
Tamil Nadu inaugurates Keeladi museum, a testimony to the life of ancient Tamils during the Sangam
Age
• Chief Minister M.K. Stalin inaugurated the Keeladi museum in Sivaganga
district
• The museum has been built on 2 acres at Keeladi at a cost of ₹18.43 crore.
• It houses over 15,000 unique artefacts unearthed between the 4th and 8th
phases of excavations undertaken by the Tamil Nadu State Department of
Archaeology since 2018.
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National News
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Current Affairs March 2023 www.parchamclasses.in
• The court had heard the case in November last year. On the last day of the hearing, the court had
noted that the appointment of Arun Goel as EC had been carried out with “lightning speed”, with
the procedure taking less than 24 hours on November 18 from start to finish.
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Que: ‘SAMARTH scheme’, which was seen in the news, is associated with which Ministry?
Ans: Ministry of Textiles
• The SAMARTH (Scheme for Capacity Building in Textiles Sector) scheme is an
umbrella skilling initiative that aims to provide incentives and create jobs in
the textile industry.
• It will be implemented until March 2024.
• This initiative is part of the steps taken by the government to make the textile
sector worth 250 billion USD by the end of this decade from the present 150-155 billion USD.
India proposes to launch global alliance for big cats with investment of $100 million
• India has proposed the creation of a new global alliance called the
International Big Cat Alliance (IBCA) to protect seven major big cats,
including tigers, lions, and cheetahs.
• The IBCA will be open to 97 countries and organizations interested in
protecting these animals.
• India has committed to provide funding of 100 million USD over 5 years to support the IBCA. The
IBCA will share information about protecting these animals.
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• Participants also discussed regional threats of terrorism, extremism, radicalization and drug
trafficking and also deliberated on the possibilities to coordinate efforts to counter these threats.
• There will be an additional contribution of 5% for the MSMEs which are part of SFURTI clusters,
owned by Women/SC/ST and located in Northeast region.
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• To assist MSMEs, the government will contribute 90 per cent of the implementation cost and
consultancy fee for providing initial support.
• Nodal Agency of the scheme will be the National Productivity Council (NPC).
• India will also host the SCO Food Festival in Mumbai from 13-19 April 2023.
• India is the current chair of the Shanghai Cooperation Organisation (SCO).
• Founded – 2001
• Headquarters – Beijing, China
• Secretary General – Zhang Ming (China)
• Member Countries – 9 (Iran, China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan &
Uzbekistan)
• SCO Summit 2021 – Dushanbe, Tajikistan.
• SCO Summit 2022 – Samarkand, Uzbekistan.
• The founding members (5) of Shanghai Cooperation Organization (SCO) were China, Russia,
Kazakhstan, Kyrgyzstan, Tajikistan. India and Pakistan officially joined this organization in 2017
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• 'GI Tag' i.e. Geographical Indicator (Geographical Indicator) are issued as per the Geographical
Indications of Goods (Registration and Protection) Act,1999.
• The process of certification of a specific product of a sector was started in the year 2003. The first
GI tag in India was given to Darjeeling Tea of West Bengal in 2004.
• The GI tag is issued by the Department for Promotion of Industry and Internal Trade, which
operates under the Ministry of Commerce.
• Once a product gets a GI tag, any person or company cannot sell a similar item under that name.
This tag is valid for a period of 10 years following which it can be renewed.
• The other benefits of GI registration include legal protection for the item, prevention against
unauthorised use by others, and promotion of exports.
Government identified 1275 railway stations under Amrit Bharat Station Scheme
• The government has identified 1275 railway stations under the Amrit Bharat
Station Scheme for the development of railway stations in India.
• Railway Minister Ashwini Vaishnav gave this information in a written reply
to a question in the Lok Sabha on March 29.
Amrit Bharat Station Scheme
• Amrit Bharat Station Scheme was introduced by the Ministry of Railways in
December 2022
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Que: Which Indian company got India's first BIS license to make fire-resistant steel?
Ans: Jindal Steel
• Jindal Steel and Power Ltd (JSPL) will manufacture India's first fire-resistant steel structures at its
unit in Raigarh, Chhatisgarh.
• The BIS 15103 grade structural steels are designed to withstand
temperatures up to 600 degrees celsius for 3 hours
• The grade is being imported at present.
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PM Modi inaugurates new ITU Area Office and Innovation Center in New Delhi
• ITU - International Telecommunication Union - is the United Nations' specialized agency for
information and communication technologies (ICTs).
• India signed a Host Country Agreement in March 2022 with ITU for the establishment of Area
Office.
• The ITU field office will serve India, Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives, Afghanistan
and Iran, enhancing coordination among nations
• ITU was established in the year 1865 to facilitate international connectivity in communications
networks.
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Government Will Attempt To Open Corridor To Sharda Peeth In PoK For Devotees: Amit Shah
• Home Minister, Amit Shah said that the government will move forward
to open Sharda Peeth on the lines of the Kartarpur corridor.
• Sharda Peeth is an abandoned Hindu temple and ancient centre of
learning, is located in Neelum Valley in Pakistan Occupied Kashmir (PoK)
across Teetwal village in Kupwara district of Jammu and Kashmir, along
the Line of Control (LoC).
• As a Centre of Learning: Between the 6th and 12th centuries CE, it was
one of the foremost centres of higher learning, hosting scholars such as Kalhana, Adi Shankara.
• It is also said to be where Paṇini and Hemachandra completed and stored their writings on Sanskrit
grammar.
Ujjwala Yojana: Union Cabinet extends subsidy of 200 rupees per cylinder for 12
refills annually for beneficiaries for one year
• PM Ujjwala Scheme
• It is a scheme of the Ministry of Petroleum & Natural Gas for providing LPG
connections to women from Below Poverty Line (BPL) households.
• The scheme was originally launched on May 1, 2016, in Ballia, Uttar Pradesh by
the Prime Minister of India with a target of releasing 8 crore connections by
March 2020.
CCEA approves MSP for Raw Jute at 5,050 rupees per quintal for 2023-24
• Cabinet Committee on Economic Affairs (CCEA) has approved Minimum
Support Price (MSP) for Raw Jute at 5,050 rupees per quintal for 2023-24.
• The approval is based on the Commission for Agricultural Costs and Prices
recommendations.
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• It recommends the MSP to the Agricultural ministry and the ministry announces the MSP.
• However the Agricultural Ministry is not bound to accept the recommendation of the CACP.
Union Environment Minister Bhupender Yadav launches Aravalli Green Wall Project in Gurugram
• Aravalli Green Wall Project inaugurated at Tikli village in Haryana on the occasion of International
Forest Day.
• The project will increase the green cover and biodiversity of Aravallis through
afforestation, reforestation and restoration of water bodies.
• It will also improve soil fertility, water availability and climate resilience of the
region.
• The project will benefit the local communities by providing them with employment opportunities,
income generation and ecosystem services.
• The objective of this initiative is to green a buffer zone of about 5 km of Aravalli mountain range
spread over five states.
• 75 water sources will be rejuvenated under the project, starting with five water sources in each
district of the Aravalli landscape on March 25.
• The project will also involve massive tree plantation drive and conservation of water resources in
the Aravalli region.
• The project will cover barren land in Gurgaon, Faridabad, Bhiwani, Mahendragarh and Rewari
districts of Haryana.
• The project covers the states of Haryana, Rajasthan, Gujarat and Delhi where the Aravalli hills are
spread over an area of 6 million hectares.
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PM SHRI scheme
• In NEWS: Education Ministry shortlisted 9000 schools for flagship Pradhan Mantri Schools for Rising
India (PM SHRI).
• The institutions were selected based on six broad parameters including curriculum, access and
infrastructure, human resources, and gender equity were assessed.
• About PM SHRI:
• PM Modi announced this scheme on 5th September 2022.
• It is a Centrally Sponsored Scheme.
• Aim: To upgrade and develop around 14,500 schools
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The IRDAI (Surety Insurance Contracts) Guidelines, 2022 will come into effect from 1st April , 2022.
What is a Surety Bond?
• A surety bond is a legally binding contract entered into by
three parties—the principal, the obligee, and the surety.
• The obligee, usually a government entity, requires the
principal, typically a business owner or contractor, to obtain a
surety bond as a guarantee against future work performance.
• Surety bonds are mainly aimed at infrastructure development,
mainly to reduce indirect cost for suppliers and work-
contractors thereby diversifying their options and acting as a
substitute for bank guarantee.
• Surety bond is provided by the insurance company on behalf of the contractor to the entity which is
awarding the project.
IRCTC partners with HDFC Bank to launch India’s most rewarding co-branded travel credit card
• Indian Railway Catering and Tourism Corporation Ltd (IRCTC)
• Known as the IRCTC HDFC Bank Credit Card, the newly launched co-
branded card is in a single variant and is available exclusively on NPCI’s
Rupay network.
• It will provide exclusive benefits and maximum savings on bookings of
train tickets booked through the IRCTC’s ticketing website and through
IRCTC Rail Connect app.
• CEO: Sashidhar Jagdishan
• Founded: August 1994, Mumbai
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• Currently, BOB holds 100% of the total equity share capital of BFSL.
• BFSL, a registered non-banking financial institution, is primarily involved in credit cards and
merchant-acquiring businesses.
Bank of Baroda
• MD & CEO: Sanjiv Chadha;
• Chairman: Hasmukh Adhia
• BoB HQ: Vadodara
India and World Bank signs loan agreement for Green NH Corridors project
• India and the World Bank have signed a loan agreement to construct the Green National Highway
Corridors Project in four States.
• Four states: HP, Rajasthan, UP, and Andhra Pradesh
• The agreement has been signed to construct 781 kilometers, with loan
assistance of 500 million dollars.
• The total project cost is over 7,662 crore rupees.
• Objective: To demonstrate safe and green highways keeping in view
climate resilience and the use of green technologies
Government imposes surcharge for Google Pay and other payment apps
• The National Payments Corporation of India (NPCI) has issued a circular
suggesting "Prepaid Payment Instruments (PPI)" charges on merchant
transactions on Unified Payments Interface (UPI).
• NPCI has introduced an interchange charge of up to 1.1 per cent on
merchant UPI transactions done using prepaid payment instruments
from April 1.
• It will be levied on UPI payments above Rs 2,000 made to online merchants, large merchants and
small merchants.
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• NPCI has clarified that there will be no charges for UPI payment from bank account to bank account
or normal UPI payment.
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• To avail this exemption, the individual importer has to submit a certificate from the Central or State
Director Health Services or Civil Surgeon of the district.
• The government has fully exempted pembrolizumab (Keytruda), used in the treatment of various
cancers, from basic customs duty.
• Medicines generally attract a basic customs duty of 10 per cent,
while certain categories of life saving drugs/vaccines attract a
concessional rate of 5 per cent or nil.
What are Rare Diseases?
• The World Health Organization (WHO) defines a rare disease as
one with a frequency of less than 6.5–10 per 10,000 people.
• According to one estimate, there are 7,000 known rare diseases
with an estimated 300 million patients in the world.
Sri Lanka’s Seylan Bank opens INR denominated Nostro A/c in Indian Bank
• Sri Lanka’s Seylan Bank has opened an Indian rupee-denominated Nostro account in Indian Bank in
Mumbai.
• Aim: To help in setting cross-border transactions using the Indian rupee
• It enables local customers to enter into transactions denominated in the Indian Rupee and
eliminates the need to conduct Trade and Remittance transactions in US
dollars.
• Nostro account: It is a bank account held in a foreign country by a domestic
bank, denominated in the currency of that country.
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International News
Bola Tinubu elected as the new President of Nigeria
• Nigeria: Capital: Abuja
• Currency: Nigerian naira
Que: Sheikh Mohammed bin Abdulrahman Al-Thani has become the new Prime
Minister of which country?
Ans: Qatar
• Capital – Doha
• Currency – Qatari riyal
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Que: Which Indian-American has been appointed as the Assistant Secretary of the US Air
Force?
Ans: Ravi Chaudhary
• United States Senate confirmed Ravi Chaudhary, an Indian-American, as the
Assistant Secretary of the Air Force for Energy, Installations, and the Environment.
• He is the first Indian-American to serve in this position.
Japan, U.S., South Korea, Taiwan launch ‘Chip 4’ talks for supply chain
• The “Chip 4” semiconductor alliance recently held its first meeting of
senior officials.
• The “Chip 4” or “Fab 4” alliance includes four of the world’s top
producers of semiconductors: the U.S., Japan, Taiwan, and Korea.
• It represents more than 70 percent of the value of the global
semiconductor industry.
• It was first proposed by the US in March 2022 as part of wider plans aimed at enhancing the
"security" and "resilience" of semiconductor supply chains, including by reducing the world's
reliance on chips made in China.
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UN inks first ‘High Seas Treaty’ in a bid to protect ocean bodies of the world
• For the first time in history, the United Nations signed the 'High Seas Treaty' to
protect the world's oceans located outside national boundaries.
• The treaty is the result of nearly a decade of negotiations on environmental
concerns.
• The last international agreement on ocean conservation was signed 40 years ago in 1982.
•
What is the UN High Seas Treaty?
• The treaty will create a new body to manage the conservation of marine life and establish marine
protected areas in the high seas.
• The treaty brings 30 percent of the world's oceans into
a protected area, spends more on marine conservation,
and sets new rules for ocean mining.
• The treaty aims to protect against potential impacts
such as deep-sea mining.
• The treaty would put restrictions on how much fish could
be caught in the high seas.
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Operation Interflex:
• Operation Interflex is the British-led multinational military operation.
• Objective is to train and support the Armed Forces of Ukraine.
• It aims to teach weapon handling, range activity, marksmanship,
fieldcraft basics, field tactics, battle casualty drills, counter explosives,
the laws of armed conflict, first aid, and cyber security awareness.
• The operation is a part of the U.K.’s commitment of £2.3 billion for
military aid and support to Ukraine.
• It is a successor to Operation Orbital (2015–2022).
• Operation Orbital was a British military operation to train and support the Armed Forces of Ukraine
in 2015.
Cyclone Freddy:
• Tropical Cyclone Freddy hit the coast of Southern Africa, bringing its
total death toll to more than 220 people in Malawi, Mozambique
and Madagascar.
• It originated off the northern coast of Australia
• It crossed the entire South Indian Ocean and traveled more than
8,000 kilometers
• Freddy was the first tropical cyclone in the Southern
Hemisphere to undergo six separate rounds of rapid
intensification.
• It also holds the record for all-time accumulated cyclone
energy (ACE) (storm strength during its lifetime) for the
Southern Hemisphere.
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• Freddy is fuelled by the energy provided by the warm ocean surface, consistently sourcing heat and
moisture throughout its lifetime.
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Short news
• The government has allocated a budget of Rs. 9023 Crore towards achieving the objectives of
Gaganyaan mission. Scope of Gaganyaan program: To demonstrate human spaceflight capability to
Low Earth Orbit and safe return
• ISRO: Chandrayaan 3 and the first solar mission Aditya L1 likely to be launched in mid-2023.
• NASA’s OSIRIS-REx spacecraft is on the final leg of its two-year journey back to Earth after collecting
samples from the rocky surface of the asteroid Bennu which will touch down in a desert in Utah on
September 24, 2023.
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Defence
Multilateral Naval Exercise La Perouse 2023
• The third edition multi-lateral maritime exercise La Pérouse 2023 held
between the navies of India, Australia, French, Japan, and the United
States in the Indian Ocean Region on 13-14 March 2023.
• It is a biennial exercise, conducted by the French Navy.
• India's INS Sahyadri and fleet tanker INS Jyoti have participated.
• The first edition of this joint exercise was initiated by France in 2019.
South Korea and the US hold the ‘Freedom Shield’ and ‘Warrior Shield’ joint exercises, the largest in 5
years
• U.S. flew a long-range B-1B bomber to the Korean Peninsula in a show of
force against North Korea.
• The two countries last conducted Foal Eagle in 2018.
• Recently, both countries have been expanding their joint military
exercises in the face of an evolving North Korean nuclear threat.
• It was conducted from March 13 to 23, 2023.
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Indian Navy’s largest wargame TROPEX-23 concludes; Also included Ex Sea Vigil & AMPHEX
• With the massive participation of India’s primary naval and coastal security agencies, the Indian
Navy’s largest wargame TROPEX-23 culminated this week in the
Arabian Sea. The theatre-level exercise was conducted over a period of
four months from November 2022 to March 2023.
• TROPEX 2023 also included two major exercises, the Coastal Defence
exercise Sea Vigil and Amphibious Exercise AMPHEX. These exercises
also saw active participation from Indian Army, Indian Air Force and
Indian Coast Guard.
• Over the period of four months, the theatre-level exercise covered the Indian Ocean, the Arabian
Sea and the Bay of Bengal. Spanning over an area of 21 million square nautical miles
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• A comprehensive validation exercise on the theme “Humanitarian Mine Actions and Peace Keeping
Operations”.
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First edition of Naval Commanders’ Conference of 2023 began onboard India’s first indigenous aircraft
carrier, INS Vikrant
• The first edition of the 2023 Naval Commanders' Conference started on
March 6, 2023, onboard INS Vikrant, in the Arabian Sea off Goa.
• Rajnath Singh addressed the Naval Commanders onboard INS Vikrant.
• This conference serves as a platform for Naval Commanders to discuss
important security issues at the military-strategic level and interact with
senior government functionaries
Centre signs Rs 934 crore deal with HSL to Refit INS Sindhukirti Submarine in
Visakhapatnam
• In a further boost to achieve 'Atmanirbhar Bharat', the Ministry of Defense
signed a contract for General Refit of Sindhukirti Submarine at Hindustan
Shipyard Limited (HSL), Visakhapatnam at a total cost of Rs 934 crore .
• Sindhukirti is the third Kilo class Diesel Electric Submarine.
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• It was commissioned on June 7, 1990 and since then has been serving the nation in various
capacities.
• It has a displacement of 1860 tonnes when submerged and is 67.5 metres in length.
• The submarine has a maximum speed of 20 knots (about 37 km per hour) when submerged and can
dive to a depth of 300 metres.
• It is armed with six 533 mm torpedo tubes and can carry up to 18 torpedoes or missiles.
Hindustan Shipyard Limited (HSL)
• The shipyard 'Hindustan Shipyard Limited' is located in Visakhapatnam.
• It is the country's first shipbuilding yard.
• Establishment - 21 June 1941
• Each PALM 400 selects its targets when armored vehicles enter the kill zone and launch an armor-
piercing projectile, penetrating it from the top where there is least protection.
• It can be discharged from a canister and fly 3000-4000 feet
above a kill zone for up to 120 minutes.
• It has a range of more than 100 km and travels at a speed
of 50 to 140 knots (90 to 260 km/h).
• It uses electro-optical/infrared stabilized cameras to detect
and engage targets both during the day and at night.
• It uses complex navigational techniques that enable it to
function even in environments where the GPS has been
disabled.
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Science Tech
ISRO to conduct young scientist programme in Bengaluru
• ISRO is set to organize its annual special programme for school children called Young Scientist
Programme — ‘Yuva Vigyani Karyakram’ (YUVIKA).
• Objective – To impart basic knowledge on space technology, space science, and space applications
to young students in emerging trends in space science and technology.
• The YUVIKA programme was first announced on January 18, 2019, by the then ISRO Chief K Sivan
and was inaugurated four months later on May 17, 2019.
• Founded – 15 August 1969
• Headquarters – Bangalore, Karnataka
• Founder / 1st Chairman – Vikram Sarabhai
• 10th Chairman – S Somanath
• Aryabhata India’s first satellites Launched on 19 April 1975
ISRO launched OneWeb India-2 mission from Satish Dhawan Space Centre in Sriharikota
• Under a commercial agreement with NewSpace India Ltd, ISRO launched 72 satellites of UK-based
Network Access Associates Ltd and place them in low Earth orbit.
• NewSpace is the commercial wing of ISRO.
• The first set of 36 satellites was launched on 23 October 2022 by an
LVM3 M2 launch vehicle.
• The remaining 36 satellites, each weighing approximately 5805 kg,
were placed in a 450 km circular low earth orbit by the LVM3 M3
launch vehicle on 26 March.
• Satellites provide space-based broadband internet services to all corners of the globe.
• After launch, Access Associates Ltd will have more than 600 satellites in space offering internet
from space services to various countries.
• The Launch Vehicle Mark-3, previously referred as the Geosynchronous Satellite Launch Vehicle
Mark III, is a three-stage medium-lift launch vehicle developed by the Indian Space Research
Organisation.
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• The device can detect various commonly used adulterant agents such as detergent, soap, hydrogen
peroxide, urea, starch, salt, and sodium-hydrogen-carbonate.
H3N2 Outbreak:
• Across India, an outbreak of a respiratory illness with symptoms
of cold, sore throat and fever accompanied by fatigue has been
observed since December 2022 and January 2023.
• The Indian Council of Medical Research (ICMR) confirmed that
Influenza Sub-type H3N2 has been causing this illness.
• H3N2 virus is a type of influenza virus called the influenza A virus. It is a respiratory viral infection
that causes illnesses every year. This subtype of influenza A virus was discovered in 1968 in
humans.
• There are four types of seasonal influenza viruses, types A, B, C and D.
• Influenza A and B viruses circulate and cause seasonal epidemics of disease.
• Influenza A viruses are the only influenza viruses known to cause flu pandemics (i.e., global
epidemics of flu disease).
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Sports
Mumbai Indians lift inaugural Women's Premier League trophy beating Delhi Capitals
• The team of Mumbai Indians defeated Delhi Capitals by seven wickets in the finals at the
Brabourne stadium, Navi Mumbai
Awards of Women's Premier League (WPL)
• Purple Cap Winner: Hayley Matthews (Mumbai Indians)
• Orange Cap Winner: Meg Lanning (Delhi Capitals)
• Most Valuable Award: Hayley Matthews (Mumbai Indians)
• Fairplay Award: Mumbai Indians & Delhi Capitals
Australia beat South Africa to lift ICC Women’s T20 World Cup Trophy 2023
• Australian women’s cricket team defeated South Africa by 9 runs to lift the ICC T20 World Cup
Trophy 2023 at Newlands, Cricket Ground in Cape Town, South Africa.
• Australian women’s cricket team has won this title for the sixth time.
• The Indian women's team lost to the Australian team in the semi-final match.
• Australia’s Ashleigh Gardner - ICC Player of the Tournament
• Beth Mooney - Player of the Match
Que: Which Indian Cricketer statue installed inside the iconic Wankhede stadium where he played his last
game for India?
Ans: Sachin Tendulkar
• The statue is expected to be unveiled when Tendulkar turns 50 on April 24, during the 2023 ICC
World Cup. The cricket icon already has a stand named after him at the Wankhede and has a wax
statue of him at Madame Tussauds in London.
• Sachin has been lauded with Arjuna Award in 1994, Khel Ratna in 1997,
Padma Shri in 1998 and Padma Vibhushan (2008) honours.
• He is the only sportsperson to be conferred the Bharat Ratna in 2014.
• His autobiography - 'Playing it My Way'
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Current Affairs March 2023 www.parchamclasses.in
Madhya Pradesh women's team wins maiden National Hockey title 2023
• 13th Hockey India Senior Women National Championship 2023 held in
Kakinada, Andhra Pradesh.
• MP defeated Maharashtra by 5-1 in the final.
• Madhya Pradesh’s Pratibha Arya awarded the player of the match
title.
Guinness Book of World Records certifies Birsa Munda as world’s largest hockey stadium
The stadium can seat 20,011 with uninterrupted viewing experience and boasts of a world-class
infrastructure.
Hockey Cups Trivia:
• Agha Khan Cup
• Beighton Cup
• Bombay Gold Cup
• Dhyan Chand Trophy
• Indira Gold Cup
• Kuppuswamy Naidu Trophy
• Lady Ratan Tata Trophy
• Rangaswami Cup
• Ranjit Singh Gold Cup
• Scindia Gold Cup
Lionel Messi wins Best Men's Player 2022 at the FIFA awards
• Alexia Putellas (Spain) was awarded the best women's player for a second straight year.
• Other awardees:
• Best men's coach: Lionel Scaloni (Argentina)
• Best women's coach: Sarina Wiegman
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Rohan Bopanna becomes oldest tennis player to win ATP Masters 1000 title
• Rohan Bopanna, 43, and Matthew Ebden, 35, defeated Wesley Koolhof of
the Netherlands and Neil Skupski of Britain in the final in California, United
States.
• Before Bopanna, Canadian Daniel Nestor was the oldest player to win an ATP
Masters 1000 title at the age of 42.
• It was his second title this year after winning the Qatar Open with Ebden last month.
Carlos Alcaraz wins Indian Wells 2023 to reclaim his World No.1 spot
• Spanish tennis player, Carlos Alcaraz (19) has won his maiden 2023 Indian Wells title after defeating
Russian Daniil Medvedev in the final.
• With this feat, he has also dethroned Novak Djokovic to reclaim World No.1
spot.
• He also become the youngest world number one ever after his triumph and
claimed his third Masters 1000 title.
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Que: In the Spanish Para-Badminton International Tournament, which player won the silver medal in the
Men's Singles event?
Ans: Pramod Bhagat
• Pramod Bhagat, Sukant Kadam win gold in men’s doubles event at Spanish Para-
Badminton International tournament
• Pramod Bhagat is an Indian professional Para-badminton player from Bihar. He is
currently ranked world number 2 in para-badminton men's singles SL3, and won a
gold medal at the 2020 Summer Paralympics in Men's singles SL3.
Que: Who won the Women's Singles Title in National Badminton Championship?
Ans: Anupama Upadhyay
• Mithun Manjunath clinched men’s singles title at the 84th Senior National
Badminton Championship at the Balewadi Stadium in Pune
Indian Duo of Satwik-Chirag wins Swiss Open Super 300 title 2023
• India’s men’s doubles badminton pair, Satwiksairaj Rankireddy and Chirag
Shetty won the Swiss Open Super 300 title in 2023, held in Basel, Switzerland.
• They beat China
• Other winners:
• Men's singles: Koki Watanabe (Japan)
• Women's singles: Pornpawee Chochuwong (Thailand)
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India wins both men's and women's Asian Kho Kho Championship title 2023
• At Tamulpur in north-central Assam’s Baksa district
• Nepal stood second in both men and women categories
• A total of nine countries participated in the event.
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