Daily Current Affairs – March 17, 2023
Share on facebook
Share on whatsapp
Share on twitter
Share on telegram
Share on linkedin
Share on email
Daily Current Affairs - Banking - March 17, 2023
Dear Banking Aspirants,
Prepare for the Daily Current Affairs with Veranda Race who is the pioneer in the Banking Exam Coaching. Current Affairs section is one of the important Scoring section in the Mains of many Banking Exams like SBI PO, SBI CLERK, IBPS PO, IBPS CLERK, IBPS RRB PO, IBPS RRB CLERK and multiple Insurance Exams.
Veranda Race is committed to provide Daily Current Affairs for all the days for the students who are preparing for Banking & Insurance Exams.
Check Daily for the Daily Current Affairs and also for the Quizzes to prepare for the upcoming Banking & Insurance Exams in 2023.
Download – LEGEND Monthly Current Affairs Magazine
National News
Dr. Mansukh Mandaviya flags off 75 Trucks for countrywide Awareness Drive to eliminate TB
- To end TB in the country five years ahead of SDG2030 target, more than 71,000 Ki-shay Mitras have come forward and are today supporting over 10 lakh TB patients through nutritional support and other means.
- Dr Mandaviya also flagged off 75 Trucks with TB awareness messages that have been provided by Apollo Tyres Foundation, who are actively supporting the Ni-kshay scheme.
- These trucks will travel and carry the messages of TB-free India across states.
- Ministry of Health and Family Welfare – Mansukh Laxmanbhai Mandaviya,Union Minister (Rajya Sabha MP,Gujarat) – Dr. Bharati Pravin Pawar,Minister of State (Dindori,Maharashtra)
469 routes connecting 74 airports operationalised under UDAN Scheme
- Ministry of Civil Aviation launched Regional Connectivity Scheme (RCS) – UDAN (Ude Desh ka Aam Nagrik) a self-financing scheme on 21-10-2016 to stimulate regional air connectivity and making air travel affordable to the masses.
- Under UDAN, 469 routes connecting 74 unserved and underserved airports including 9 Heliports & 2 Water aerodromes have been operationalized as on 28.02.2023.
- An estimated amount of 287 crore rupees has been allocated for the development of thirteen water aerodromes across the country by the 31st March of next year.
- Under Ude Desh Ka Aam Nagrik (UDAN), 56 seaplane routes connecting 25 aerodromes were identified in the States and Union Territories of Gujarat, Assam, Telangana, Andhra Pradesh, Andaman and Nicobar Islands, Goa, Himachal Pradesh and Lakshadweep.
- Ministry of Civil Aviation – Jyotiraditya Scindia,Union Minister (Rajya Sabha MP,MP) – General Vijay Kumar Singh,Minister of State
Ministry of Ayush and Ministry of Rural Development signs MoU for skilling of rural youth and empowering women
- Ministry of Ayush and Ministry of Rural development signed Memorandum of Understanding to collaborate in developing skilled personnel by imparting training to rural poor youth and women’s for Ayush healthcare system under Deen Dayal Upadhyaya-Grameen Kaushalya Yojana (DDU-GKY) for 3 years.
- Apart from this a course for training of rural youth as panchakarma technicians/assistant will be started on pilot basis.
- NRLM & DDU-GKY will communicate to States/UTs for enlisting willing SHG members and rural poor youth about the courses and its training by institutes of Ministry of Ayush.
- Deen Dayal Upadhyaya-Grameen Kaushalya Yojana (DDU-GKY) is the flagship program of the Ministry of Rural Development, GoI.
- As a part of the National Rural Livelihood Mission (NRLM), DDU-GKY aims to transform rural poor youth into economically independent and globally relevant workforce.
- Ministry of Ayuush – Sarbananda Sonowal,Union Minister (Rajya Sabha MP,Assam) – Dr. Mahendra Munjpara,Minister of State (Surendranagar,Gujarat)
- Ministry of Rural Development – Giriraj Singh,Union Minister (Begusarai,Bihar) – Sadhvi Niranjan Jyoti,Minister of State (Fatehpur,UP), Faggan Singh Kulaste,Minister of State (Mandla,MP)
50,000 Anganwadi Centres to be constructed in five years: Union Minister Smriti Irani
- Around 2 lakh Anganwadi Centres (AWCs) would be strengthened and upgraded for improved nutrition delivery along with early childhood care and education of children under 6 years of age.
- With the aim of revamping Anganwadis, 40,000 AWCs have been identified in aspirational districts for upgradation as Saksham Anganwadis, Union Minister for Women and Child Development Smriti Irani.
- Union Minister Smriti Irani informed that 50,000 AWCs (10,000 AWCs per year) are to be constructed under convergence with MGNREGS for a five-year period ending FY 2025-26.
- She said that the cost of construction of a toilet per AWC has been revised to Rs. 36,000 from Rs. 12,000 and the cost of providing drinking water facilities has been revised to Rs. 17000 from Rs. 10,000.
- Ministry of Women and Child Development – Smriti Zubin Irani,Union Minister (Amethi,UP) – Dr. Mahendra Munjpara,Minister of State (Surendranagar,Gujarat)
Over 11 crore Toilets, 2.23 lakh Community Sanitary Complexes built across All States, UTs Under Swachh Bharat Mission- Grameen
- Minister of State for Jal Shakti Prahlad Singh Patel has said that over 11 crore Toilets and 2.23 lakh Community Sanitary Complexes have been built across All States and UTs Under Swachh Bharat Mission- Grameen.
- Over 92 lakh toilets have been constructed since the launch of Swachh Bharat Mission – Grameen Phase-II in April 2020.
- He informed that Swachh Survekshan Grameen 2022 covered 17 thousand 559 villages in 709 districts in 33 States and UTs across India.
- Ministry of Jal Shakti – Gajendra Singh Shekhawat,Union Minister (Jodhpur,Rajasthan) – Prahlad Singh Patel,Minister of State (Damoh,MP) & Bisweshwar Tudu,Minister of State (Mayurbhanj,Odisha
India's milk production rises 5% to 221.06 mn tonnes in FY22
- Minister of Fisheries, Animal Husbandry & Dairying Parshottam Rupala unveiled an annual publication ‘Basic Animal Husbandry Statistics 2022’.
- Total milk production in the country during 2021-22 is 221.06 million tonnes.
- In 2021-22, the milk production has registered an annual growth rate of 5.29 per cent.
- Top five major milk-producing states are Rajasthan (15.05%), Uttar Pradesh (14.93%), Madhya Pradesh (8.06%), Gujarat (7.56%) and Andhra Pradesh (6.97%).
- The total egg production in the country stood at 129.60 billion nos, up 6.19 per cent as compared to previous year.
- Total five major egg-producing states are Andhra Pradesh (20.41%), Tamil Nadu (16.08%), Telangana (12.86%), West Bengal (8.84%) and Karnataka (6.38%).
- The total meat production in the country is 9.29 million tonnes for the year 2021-22 with an annual growth rate of 5.62 per cent.
- 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 total wool production is 33.13 thousand tonnes, which has declined by 10.30 per cent as compared to previous year.
- The per-capita availability of milk is 444 gram/day during 2021-22.
- The per-capita availability of egg is 95 nos per annum.
- The per-capita availability of meat is 6.82 kg/annum during 2021-22.
- Ministry of Fisheries, Animal Husbandry and Dairying – Parshottam Rupala,Union Minister (Rajya Sabha MP,Gujarat) – Sanjeev Balyan, Minister of State (Muzaffarnagar,UP), L. Murugan, Minister of State (Rajya Sabha MP,MP)
Centre gets proposals from States for computerisation of 54,752 PACS
- The Union government is implementing a centrally sponsored project for the computerization of 63,000 Primary Agricultural Credit Societies (PACS)/Large Area Multi-Purpose Societies (LAMPS)/Farmers Service Societies (FSS) across the country with a total financial outlay of Rs 2,516 crore, approved by the Cabinet Committee on Economic Affairs (CCEA).
- At present, proposal for computerization of 54,752 PACS/LAMPS/FSS has been received from the States/UTs and central share amounting to Rs 201.18 crore has been released for the procurement of hardware, digitization of legacy data and establishing support system.
- The Project Monitoring Units (PMUs) have been set up at central and state levels by NABARD.
- The development of software has been started by the National Level Project Software Vendor (NLPSV) selected by NABARD.
NTPC commissions green coal plant in Varanasi
- State-owned power giant NTPC has commissioned first-of-its-kind commercial green coal project in Varanasi, which will make torrefied charcoal from municipal waste.
- Nearly three years ago NTPC had planned to make green coal (torrefied charcoal) from municipal waste.
- The first reactor module of 200 tonnes per day (TPD) capacity green coal plant was installed and commissioned for NTPC’s Harit Koyla (Green Coal) Pariyojna plant at Ramana in Varanasi.
- NTPC Limited (National Thermal Power Corporation Limited) – 07/11/1975 (Founded) – New Delhi (HQ) – Gurdeep Singh (Chairman & MD)
Banking and Finance
HDFC Bank, Flipkart Wholesale launch co-branded card for latter's members
- HDFC Bank and Flipkart Wholesale, the omnichannel B2B platform of the Flipkart Group, launched a co-branded credit card exclusively for Flipkart Wholesale members.
- Members can apply for the card directly at Flipkart Wholesale stores and on its Best Price Flipkart Wholesale app.
- HDFC Bank will set up dedicated booths inside Flipkart Wholesale stores to process the applications and provide related customer services.
- HDFC Bank – August 1994 (Founded) – Mumbai (HQ) – Sashidhar Jagdishan (CEO) – “We Understand Your World” (Tagline)
RBI, UAE central bank sign MoU on interoperability of their CBDCs
- RBI and the Central Bank of the United Arab Emirates (CBUAE) signed a MoU in Abu Dhabi to enhance cooperation and jointly enable innovation in financial products and services.
- Under the MoU, the two central banks – RBI & CBUAE – will collaborate on various emerging areas of FinTech, especially Central Bank Digital Currencies (CBDCs) and explore interoperability between the CBDCs of CBUAE and RBI.
- Further, CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade.
- Reserve Bank of India (RBI) – 01/04/1935 (Founded) – Mumbai (HQ) – Shaktikanta Das (Governor)
Bank of Baroda unveils co-branded debit card under TN govt scheme of financial aid to women graduates
- Public sector Bank of Baroda has partnered with the Government of Tamil Nadu to offer co-branded RuPay Platinum Debit Card in the state offering customised solutions to its users.
- Bank of Baroda has launched the debit card that would be offered to the beneficiaries of the state government’s ‘Pudhumai Penn’ scheme.
- Accordingly, the card offers personal accident insurance coverage upto Rs 2 lakh per annum and the joining and annual fees for the first year has been waived off.
- Bank of Baroda (BOB or BoB) – 20/07/1908 (Founded) – Vadodara, Gujarat (HQ) – Sanjiv Chadha (MD & CEO) – “India’s International Bank” (Tagline)
Business and Economy
India’s GDP growth expected to drop 100 bps in FY24: CRISIL
- India’s GDP growth is expected to decelerate 100 bps in FY24 due to slowing global growth on the back of elevated inflation and aggressive rate hikes by major central banks.
- Further, the full impact of RBI’s rate hikes will manifest in FY24, which combined with continued volatility in crude and commodity prices, will weigh on growth.
- Slowing global growth is also expected to reduce demand for India’s exports and affect domestic industrial activity in those sectors.
Appointments
Gianni Infantino re-elected FIFA president
- Gianni Infantino has been re-elected as president of FIFA until 2027.
- He succeeded Sepp Blatter in 2016.
- Fédération internationale de football association FIFA (International Association Football Federation) – 21/05/1904 (Founded) – Zurich, Switzerland (HQ) – Gianni Infantino (President)
IREDA appoints Rohini Rawat, Ram Nihal as independent directors
- Indian Renewable Energy Development Agency (IREDA) has appointed Rohini Rawat and Ram Nihal as independent directors on its board.
- Indian Renewable Energy Development Agency Limited (IREDA) – 1987 (Formed) – New Delhi (HQ) – Pradip Kumar Das (Chairman & MD)
Ranks and Indices
India Ranks Third Largest Primary Energy Consumer in the World
- India has emerged as a major player in the global energy market, with the country ranking third in the world for primary energy consumption, according to the India Energy Outlook 2021 report by the International Energy Agency (IEA).
- India is now the third-largest consumer of oil, third-largest LPG consumer, fourth-largest LNG importer, and fourth-largest refiner.
- Top 5 Primary Energy Consumer in world
- 1st – China
- 2nd – USA
- 3rd – India
- 4th – Russia
- 5th – Japan
Awards and Recognitions
Indian Navy announces instituting two trophies in memory of Gen Bipin Rawat
- The Indian Navy has announced instituting two awards in the memory of India’s first Chief of Defence Staff Gen Bipin Rawat.
- The first trophy would be Gen Bipin Rawat rolling trophy for the ‘Women Agniveer Trainee standing first in overall order of merit’.
- The second award would be Gen Bipin Rawat rolling trophy for the ‘Most Spirited Officer’ undergoing the Naval higher command course at Naval War College (NWC) in Goa.
- Indian Navy – 26/01/1950 (Founded) – New Delhi (HQ) – Navy Day (December 4) – Admiral R. Hari Kumar (Chief of Naval Staff) – ‘May the Lord of Water be auspicious unto us’ (Motto)
Central Banking publication names Shaktikanta Das governor of the year
- Reserve Bank of India’s Shaktikanta Das has been awarded the title of Governor of the Year by financial publisher ‘Central Banking’, which lauded him for critical reforms and overseeing payments innovation.
- Former RBI governor Raghuram Rajan was awarded the title in 2015.
Important Days
International Day of Action For Rivers
- International Day of Action For Rivers, observed on March 14 every year, is a day that is dedicated to saving, celebrating, and creating awareness about the importance of rivers.
- 1st Observed in 1997.
- Theme – “Rights of Rivers,”.
National Vaccination Day
- National Vaccination Day (Polio Ravivar) is annually observed on March 16 each year in India.
- 1st observed in 1995.
- Theme – Not announced.
Defence
EXERCISE SEA DRAGON 23
- ‘Exercise Sea Dragon 23’, the third edition of the coordinated multi-lateral ASW exercise for Long Range MR ASW aircraft, conducted by the US Navy from March 15 to 30.
- The Exercise would witness representation by an Indian Navy P8I, along with P8A of the US Navy, P1 from the Japanese Maritime Self Defence Force, CP 140 from the Royal Canadian Air Force and P3C from the RoKN.
- Exercise held since 2015.
Two-day workshop on ‘Human Factors Engineering in Military Platforms’ organised by DRDO concludes in New Delhi
- The two-day workshop on ‘Human Factors Engineering in Military Platforms’, organised by Defence Research & Development Organisation (DRDO) in New Delhi, concluded on March 16, 2023.
- The workshop was organised by Defence Institute of Physiology and Allied Sciences, a DRDO laboratory, to address the need and future roadmap for implementation of Human Factor Engineering in product life cycle of indigenous products.
- Defence Research and Development Organisation (DRDO) – 1958 (Founded) – New Delhi (HQ) – Dr Sameer V Kamath (Chairman)
India approves capital acquisition of military hardware worth Rs 70,584 crore
- India approved the capital acquisition of indigenously-developed military hardware worth Rs 70,584 crore as part of a mega procurement plan that is expected to significantly boost domestic defence manufacturing.
- The approval to the procurement proposals was accorded by the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh.
- The total approval granted for capital acquisition in the financial year 2022-23 now stands at Rs 2,71,538 crore, of which 98.9 per cent will be sourced from Indian industries.
- Ministry of Defence – Rajnath Singh,Union Minister (Lucknow,UP) – Ajay Bhatt,Minister of State (Nainital–Udhamsingh Nagar,Uttarakhand)
Daily Current Affairs - March 17, 2023 - Consolidated
- Mansukh Mandaviya flags off 75 Trucks for countrywide Awareness Drive to eliminate TB
- 469 routes connecting 74 airports operationalised under UDAN Scheme
- Ministry of Ayush and Ministry of Rural Development signs MoU for skilling of rural youth and empowering women
- 50,000 Anganwadi Centres to be constructed in five years: Union Minister Smriti Irani
- Over 11 crore Toilets, 2.23 lakh Community Sanitary Complexes built across All States, UTs Under Swachh Bharat Mission- Grameen
- India’s milk production rises 5% to 221.06 mn tonnes in FY22
- Centre gets proposals from States for computerisation of 54,752 PACS
- NTPC commissions green coal plant in Varanasi
- HDFC Bank, Flipkart Wholesale launch co-branded card for latter’s members
- RBI, UAE central bank sign MoU on interoperability of their CBDCs
- Bank of Baroda unveils co-branded debit card under TN govt scheme of financial aid to women graduates
- India’s GDP growth expected to drop 100 bps in FY24: CRISIL
- Gianni Infantino re-elected FIFA president
- IREDA appoints Rohini Rawat, Ram Nihal as independent directors
- India Ranks Third Largest Primary Energy Consumer in the World
- Indian Navy announces instituting two trophies in memory of Gen Bipin Rawat
- Central Banking publication names Shaktikanta Das governor of the year
- International Day of Action For Rivers
- National Vaccination Day
- EXERCISE SEA DRAGON 23
- India approves capital acquisition of military hardware worth Rs 70,584 crore
Daily Current Affairs - February, 2023
Aspirants can check the Daily Current Affairs which is uploaded in our Veranda Race Website from the links that are provided below.
| Day | Current Affairs Link |
| Daily Current Affairs – February 1, 2023 | Will be Updated |
| Daily Current Affairs – February 2, 2023 | Will be Updated |
| Daily Current Affairs – February 3, 2023 | Will be Updated |
| Daily Current Affairs – February 4 & 5, 2023 | Click Here |
Do you wish to crack Banking Exams in 2023 ? - Register Now
Take your first step to your DREAM GOVERNMENT JOB
Enquire for Next Batch.