Daily Current Affairs 10th March 2023 Daily GK Update
Daily current affairs are extremely important for competitive exams because they help candidates stay updated on the latest events and developments in the world. This knowledge is essential for answering questions in the general awareness or current affairs section of the exam, which is often included in many competitive exams such as UPSC, SSC, Bank Exams, etc. Additionally, having a good understanding of current affairs can also help candidates in other sections of the exam, such as reasoning, English, and quantitative aptitude. In short, staying updated on current affairs is crucial for performing well in competitive exams and increasing the chances of success.
National News
Maharashtra to introduce 4th women’s policy
- Maharashtra Deputy Chief Minister Devendra Fadanvis has informed the Legislative Council that the state will introduce the fourth women’s policy to give more opportunities to women by considering the issues of women from all groups.
- Objectives –
To introduce a rehabilitation scheme for those above 18 years old girls from the orphanage.
To start a Hirkani Room (Kaksha) for breastfeeding mothers at the police station.
- Government also proposed to provide equal and dignified positions to women in all sectors.
About Maharashtra
- Capital – Mumbai
- Chief Minister – Eknath Sindhe
- Governor – Ramesh Bais
J&K government launched plantation drive on International Women’s Day
- Jammu and Kashmir’s government has celebrated International Women’s Day 2023 (March 8) by organizing a plantation program under the theme “Ped Lagao Beti Ke Naam”.
- The initiative involved women and girls in afforestation, environmental conservation, and creating awareness.
- Over one thousand saplings of various species were planted along the National Highway Ring Road NH-44, at Chak Avtara Panchayat of Bishnah Tehsil of Jammu district.
- Women planted saplings in the name of their daughters and pledged to protect them and carry forward this initiative in other villages also.
Army installed tallest Iconic National Flag in hilly Doda district, J&K
- In Jammu & Kashmir, the Indian Army installed the tallest ‘Iconic National Flag’ in the hilly Doda district.
- The tricolour has been installed on a 100 feet-high pole, the highest Tricolour in the Doda district.
- General Officer Commanding of the Army’s Delta Force Maj Gen Ajay Kumar unfurled it.He also honoured the next of kin of soldiers who had died in the service of the nation.
- The Flag is a tribute to the countless soldiers of the Chenab Region who have made the ultimate sacrifice while safeguarding the unity and integrity of the nation.
- Doda district of Jammu Division was once a hotbed of terrorists. But the situation has altogether changed with people working closely with security agencies and Government in maintaining peace and ensuring the development of the Chenab region.
Pune hosted the fourth Y20 Consultation Meeting
- The fourth Y20 consultation meeting has been organized in Pune, Maharashtra.
- It will be held at the Symbiosis International University (SIU), Lavale in collaboration with the Ministry of Sports.
- Union Minister for Youth Affairs & Sports and Information & Broadcasting, Anurag Singh Thakur will be the Chief Guest for the inauguration ceremony.
- The theme for the fourth Y20 Consultation is ‘Peace building and Reconciliation: Ushering in an Era of No War’
G20 in News (Note – All Meetings are Under the Presidency of G20 by India)
- First Environment & Climate Sustainability Working Group (ESCWG) Meeting – Gandhinagar, Gujarat (27 – 29 March 2023)
- Civil 20 (C20) Inception Meeting – Nagpur, Maharashtra (20 – 22 March 2023)
- First Labour 20 (L20) Meeting – Amritsar, Punjab (19 – 20 March 2023)
- Second Business 20 (B20) Meeting – Aizwal, Mizoram (1 – 3 March 2023)
- G20 Foreign Ministers Meeting – New Delhi (1 – 2 March 2023)
- G20 Meeting of Anti-Corruption Working Group – Gurugram, Haryana (1 March 2023)
International News
Colombia opens military service to women for first time in 25 years
- Colombia has opened military service to women for the first time in 25 years.
- A cohort of 1,296 women has been enlisted in Colombia’s Army in February 2023.
- Colombia has long had compulsory military service for men ages 18 to 24.
- The army relies heavily on those young recruits to staff bases, protect infrastructure and carry out administrative tasks, while its professional soldiers confront drug trafficking gangs and rebel groups.
- This year, officials allowed females in the same age range to voluntarily join the military, in what the army says is part of an effort to strengthen the role of women in its ranks.
About Colombia
- Capital – Bogota
- Currency – Colombian peso
- President – Gustavo Petro
- Continent – South America
Banking and Financial
Kotak AMC financial literacy campaign for women
- To drive the culture of digital literacy among the women fraternity on this year’s International Women’s Day, Kotak Mahindra Asset Management Company has launched a digital campaign called ‘DigitALL: Innovation and technology for gender equality’.
- The campaign calls for digital inclusion of all with the hashtag, #IncludeAll.
- The digital campaign showcases Kotak group’s women employees sharing their stories about supporting and empowering other women in their lives by imparting them knowledge of digital literacy.
- On this Women’s Day, Kotak Mutual Fund through its campaign wants to spread the message that it is equally important for other women’s categories, especially domestic help and servants, to become digitally literate, which will help them in their day-to-today lives.
- MD & CEO of Kotak Mahindra Asset Management Company -Nilesh Shah
YES Bank, Aadhar Housing Finance enter into co-lending partnership
- Yes Bank has partnered with Aadhar Housing Finance Ltd to offer home loans at competitive interest rates to customers from lower and middle-income groups.
- Under the partnership, the entities will provide products such as Home Loan for Salaried Employees, Loan for Plot Purchase and Construction, Home Improvement Loan, Loan Against Residential Commercial Property, Balance Transfers and Top Up, among others, to customers from lower and middle-income groups.
- This partnership is in accordance with the co-lending framework of the Reserve Bank of India (RBI) that enables banks and non-banking companies to jointly bring forth financial solutions that cater to the requirements of the unserved and underserved sections of society.
About Yes Bank
- Founded – 2004
- Headquarters – Mumbai, Maharashtra
- MD & CEO – Prashant Kumar
- Chairman – Sunil Mehta
- Tagline – Experience our Expertise
Recent MoUs Signed in Banking Sector
- Ujivan Small Finance Bank partnered with Max Life Insurance to offer life insurance offerings to customers.
- Saraswat Bank partnered with Tagit to deploy omnichannel banking
- ICICI Bank signed MoU with BNP Paribas for providing financial service
- HDFC Bank partnered with NIIT Limited for building pipeline of High-Quality
- SBI General Insurance partnered with HP Police and Doers NGO to reduce the number of traffic accidents
Axis Bank partnered with ITC to offer rural lending products
- The third largest private sector lender in India, Axis Bank has joined hands with FMCG giant ITC to offer lending products and services to farmers who are a part of ITC’s agriculture eco-system.
- The partnership is expected to enable Axis Bank in reaching out to the unserved and under-served farmers based across rural regions.
- Under the tie-up, the bank will leverage ITCMAARS (Meta Market for Advanced Agricultural Rural Services), a full-stack Agri-tech application for reaching out to the farmers and addressing their financial requirements.
- Also, Axis Bank will offer an extensive range of products and services to the farmers through its rural-urban and semi-urban (RUSU) branches located across 656 districts of India.
About Axis Bank
- Founded – 1993
- Headquarters – Mumbai, Maharashtra
- Chairman – Rakesh Makhija
- MD & CEO – Amitabh Chaudhary
- Tagline – Badhti Ka naam Zindagi
Recent MoUs Signed in Banking Sector
- South Indian Bank partnered with SAIL to provide financial assistance to the dealers of SAIL
- Axis Bank signed MoU with IISc Bengaluru to set up Centre for Mathematics and Computing
- Hockey Wali Sarpanch signed an agreement with NABARD to strengthen farmers
- Axis Bank partnered with OPEN to launch a fully digital current account
- Niva Bupa and Sundaram Finance signed corporate agency agreement
Appointment and Resignation
Colonel Geeta Rana became the first woman officer to command a field workshop
- Colonel Geeta Rana of the Indian Army’s Corps of Electronics and Mechanical Engineers (EME) has become the first woman officer of the Indian Army to command a field workshop on the forward front in Eastern Ladakh.
- Rana is currently a Colonel in the Corps of Electronics and Mechanical Engineers (EME).
- The Indian Army has also approved women officers to take up the role of commanders.
- After this Colonel Geeta has become the first woman officer to achieve this achievement. Colonel Geeta will command the independent field workshop deployed along the China border.
Recent Appointment
- First woman officer to command a fighter unit in IAF – Shalija Dhami
- First Indian-American judge at New York Court – Arun Subramanian
- Maryland’s first Indian-American Lt. Governor – Aruna Miller
- First Indian American woman president of Harvard Law Review – Apsara A Iyer
- First LGBTQ woman of colour city council in the US state of California – Janani Ramachandran
- First minister of the new Ministry of Indigenous People in Brazil – Sonia Guajajara
Neiphiu Rio became the CM of Nagaland for the fifth time
- Neiphiu Rio was sworn in as the Chief Minister of Nagaland for a record fifth term in Kohima.
- The state will have two deputy chief ministers, one each from alliance partners NDPP and BJP.
- The assembly elections were held on a total of 60 seats in Nagaland. In which NDPP-BJP got 37 seats, in which NDPP got 25 seats and BJP got 12 seats.
- After this, the coalition government of NDPP and BJP has been formed.
About Nagaland
- Capital- Kohima
- Chief Minister- Neiphiu Rio
- Governor- Ganesan
Ram Chandra Paudel elected as new Nepal President
- Nepali Congress senior leader Ram Chandra Paudel has been elected the new President of Nepal.
- He will succeed Bidya Devi Bhandari as Nepal’s Head of State.
- He is a former Speaker of the Pratinidhi Sabha, the lower house of the Parliament of Nepal.
- The President is elected by an Electoral College consisting of the members of the Federal Parliament and the Provincial Assembly.
- This is the third presidential election in Nepal since the country became a republic in 2008.
About Nepal
- Capital- Kathmandu
- Currency- Nepalese rupee
- President– Ram Chandra Paudel
- Prime minister– Pushpa Kamal Dahal
Newly Appointed Prime Minister & President
- Prime Minister of Nepal – Pushpa Kamal Dahal
- Prime Minister of Kuwait – Sheikh Ahmad Nawaf al-Sabah
- President of Vietnam – Vo Van Thuong
- President of Bangladesh – Mohammad Shahabuddin
- President of Cyprus – Nikos Christodoulides
B Gopkumar appointed as MD and CEO of Axis Mutual Fund
- B Gopkumar has been appointed as the new Managing Director and Chief Executive Officer (MD & CEO) of Axis Mutual Fund.
- Gopkumar takes over from Chandresh Nigam who has stepped down as the CEO of the company.
- The Securities and Exchange Board of India (SEBI) barred Axis Mutual Fund’s former fund manager Viresh Joshi from the securities market in May 2022.
Recent Appointment in Banking Sector
- MD & CEO of HDFC Bank – Sashidhar Jagdishan (reappointment)
- As member of Advisory Committee of SIFL, SEFL by RBI – V Ramachandra
- CEO of JP Morgan Chase & Co (India) – Prabdev Singh
- RBI Deputy Governor – Michael Patra (reappointment)
- MD & CEO of Paytm Payments Bank Limited (PPBL) – Surinder Chawla
- Interim CEO of BharatPe – Nalin Negi
Defence
ISRO received Indo-US jointly developed NISAR satellite
- The US Air Force handed over NISAR, an earth observation satellite jointly developed by NASA and ISRO, to the Indian space agency.
- A US Air Force C-17 aircraft carrying the NASA-ISRO synthetic aperture radar (NISAR) has landed in Bengaluru.
- The satellite is an outcome of a collaboration between the American space agency NASA and Indian Space Research Organisation (ISRO).
- The satellite is expected to be launched in 2024 from Satish Dhawan Space Centre in Andhra Pradesh, into a near-polar orbit.
- It will be the first radar of its kind in space to systematically map Earth, using two different radar frequencies (L-band and S-band) to measure changes in the planet’s surface less than a centimetre across.
About Indian Space Research Organization (ISRO)
- 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
Important day
10 March – CISF Raising Day
- The Central Industrial Security Force (CISF) Raising Day is celebrated every year on March 10 to commemorate the establishment of the CISF in 1969.
- The CISF is a premier central armed police force under the Ministry of Home Affairs, which is responsible for providing security cover to various public sector undertakings, airports, seaports, power plants, and other important infrastructure projects across the country.
- The CISF was established on March 10, 1969, under an Act of Parliament with a few battalions.
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