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Daily Current Affairs and MCQs for March 29th, 2023

By Prishth || March 29, 2023, 16:16 IST

Stay informed and test your knowledge with our daily current affairs and MCQs for March 29th, 2023. Download the PDF and challenge yourself with our MCQs on a range of topics, from politics to sports. Perfect for students and exam preparation. Stay ahead of the game - Read now.

Welcome to the Daily Current Affairs page for March 29th, where we provide you with the latest updates on national and international news. Here are the key highlights for March 29th 2023, followed by some multiple-choice questions based on the current affairs:

Click Here: Download Current Affairs For March 29th In PDF Format

1. India to host SCO-National Security Advisors meeting today; Pakistan, China likely to join virtually.

• India, as the current chair of the Shanghai Cooperation Organisation (SCO), is set to host a meeting of National Security Advisors (NSA) and top officials in New Delhi.
• Ajit Doval, India's National Security Adviser, will make the opening remarks at the meeting.
• India became a full member of SCO on June 9 in 2017.
• Notably, the next important SCO meeting will be the defence ministers' meeting scheduled to be held in Delhi from April 27-29.

2. Axis Securities appoints Pranav Haridasan as MD and CEO

• Pranav Haridasan has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Axis Securities for a tenure of three years.
• The appointment follows the internal succession plan of Axis Group, a financial services company in India.
• The current MD and CEO of Axis Securities, B Gopkumar, will be transitioning to Axis Asset Management Company as MD and CEO.
  

3. World Bank approves USD 363 million loan to Karnataka for rural water supply programme

• The World Bank has approved a USD 363 million loan to the Indian state of Karnataka.
• The loan will be used to provide clean drinking water supply to two million rural households in the state through piped water connections in their homes.
• The program, called the Karnataka Sustainable Rural Water Supply Program, will support the government's goal to provide tap water connections to every rural household in the state.
  

More related News on World Bank.

• The World Bank's Board of Executive Directors approved a USD 100 million loan to help Odisha strengthen its early forecasting systems for improved disaster response.
• the World Bank has approved a $108 million loan to improve disaster preparedness and enhance flood forecasting in Assam, a state which faces serious floods almost every year.
• The World Bank's Executive Board of Directors approved a USD 363 million loan to the southern Indian state of Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection.
  

4. Chandigarh to host 2^nd G-20 Agricultural Deputies Meeting of Agriculture Working Group from 29th to 31st March 2023

• The 2^nd Agricultural Deputies Meeting of the Agricultural Working Group (AWG) is all set to take place from 29th to 31st March 2023 at Chandigarh.
• The event will see the participation of delegates from 19 member countries, 10 invited countries and 10 international organizations.
  

5. Tata Capital Financial Services, Tata Cleantech to merge with Tata Capital

• The Indian government has implemented the National Rabies Control Programme (NRCP) to prevent and control the spread of rabies.
• The program includes providing rabies vaccines and immunoglobulin, training on animal bite management and prevention of rabies, and strengthening surveillance and coordination between sectors.
  

6. Centre raises PFRDA ombudsman age limit to 70 years from 65 years

• The Centre has increased the age limit for the ombudsman of the Pension Fund Regulatory and Development Authority (PFRDA) from 65 years to 70 years.
• The ombudsman's role is to receive and consider complaints or grievances related to PFRDA regulations and facilitate their resolution.
• The increase in age limit may provide continuity and stability in the ombudsman's office, as experienced personnel can continue to serve for an additional five years.
  

7. MeitY forms task force with the aim to make India 'product developer and manufacturing nation'.

• The Ministry of Electronics and Information Technology (MeitY) has formed a nine-member task force.
• The primary objective of the task force is to make India a "product developer and manufacturing nation."
• The panel will be led by MeitY additional secretary Bhuvnesh Kumar, with Amitesh Kumar Sinha, the joint secretary (electronics), serving as its member convenor.
• The move is aimed at promoting innovation and entrepreneurship in India, and enhancing the country's capability to design and manufacture cutting-edge products domestically.
  

Click Here: Download Current Affairs For March 29th In PDF Format

8. SBI signed the MOU with Garden City University, and the Eco Foundation for the project.

• The State Bank of India (SBI) has donated ₹48 lakh for a tree plantation project at Garden City University, Bengaluru.
• The project will involve planting 32,000 tree saplings using the Miyawaki Technique.
• The Miyawaki Technique is a method pioneered by Japanese botanist Akira Miyawaki to create dense, native forests.
• Using this technique, the plant growth is 10 times faster and the resulting plantation is 30 times denser than usual.
  

9. IBA Youth World Boxing Championships 2024 To Be Held in Croatia

• The city of Porec in Croatia has been selected to host the IBA Youth World Boxing Championships in 2024.
• Porec has previously hosted several large-scale events at the continental level.
• However, this will be the first time that Croatia will host the Youth World Championships.
• The International Boxing Association (IBA) organizes the Youth World Boxing Championships, which is a prestigious international event.
• Boxing Federation of India President Mr. Ajay Singh was appointed as an IBA Vice President.
  

10. Tripura To Set Up ADB-funded 120 MW Gas-based Power Plant.

• The Tripura government plans to build a 120 MW power plant.
• The power plant will use Combined Cycle Gas Turbine (CCGT) technology.
• The funding for the power plant will come from the Asian Development Bank (ADB).
• The power plant will be located in Rokhia, under Sepahijala district in Tripura.
• The project will upgrade an existing 63 MW gas-based thermal power project to 120 MW using the “Capacity Augmentation” system.
• The initial cost of the project was Rs 770 crore, but it has now increased to Rs 840 crore.
  

IMPORTANT MCQs FOR 29th MARCH 2023

Question 1:

Which country is the current chair of the Shanghai Cooperation Organisation (SCO)?

A) China

B) India

C) Pakistan

D) Russia

Answer: B) India

Explanation: India is the current chair of the Shanghai Cooperation Organisation (SCO). India became a full member of the SCO on June 9 in 2017. As the chair, India is hosting a meeting of National Security Advisors (NSA) and top officials in New Delhi. Ajit Doval, India's National Security Adviser, will make the opening remarks at the meeting.

Question 2:

What is the primary objective of the task force formed by the Ministry of Electronics and Information Technology (MeitY)?

A) To promote innovation and entrepreneurship in India

B) To increase foreign investments in the electronics sector

C) To reduce the import of electronic products in India

D) To promote the use of electronic products in rural areas

Answer: A) To promote innovation and entrepreneurship in India

Explanation: The Ministry of Electronics and Information Technology (MeitY) has formed a nine-member task force with the primary objective of making India a "product developer and manufacturing nation." The panel will be led by MeitY additional secretary Bhuvnesh Kumar, with Amitesh Kumar Sinha, the joint secretary (electronics), serving as its member convenor. The move is aimed at promoting innovation and entrepreneurship in India, and enhancing the country's capability to design and manufacture cutting-edge products domestically.

Question 3:

What is the purpose of the 2nd Agricultural Deputies Meeting of the Agricultural Working Group (AWG)?

A. Discuss economic policies of member countries

B. Share best practices on rural development

C. Discuss agricultural policies of member countries

D. Share best practices on urban development

Answer: C) Discuss agricultural policies of member countries

Explanation: The purpose of the 2nd Agricultural Deputies Meeting of the Agricultural Working Group (AWG) is to discuss agricultural policies of member countries. Delegates from 19 member countries, 10 invited countries and 10 international organizations will participate in the event.

Explanation: The Agricultural Working Group (AWG) is a part of the G20 forum, which focuses on improving agricultural productivity and increasing food security in member countries. The meeting of the AWG's Agricultural Deputies is a platform for member countries to discuss agricultural policies, share best practices, and work towards achieving the objectives of the AWG. The 2nd Agricultural Deputies Meeting will be held in Chandigarh from 29th to 31st March 2023.

Question 4:

Who has been appointed as the new CEO of Tata Steel for a tenure of five years?

A. T.V. Narendran

B. Natarajan Chandrasekaran

C. Anand Sen

D. Koushik Chatterjee

Correct Answer: A

Explanation: Tata Steel has appointed T.V. Narendran as the new CEO for a tenure of five years. He has been with the company for over three decades and was previously the MD of Tata Steel India and South East Asia.

Question 5:

The Union Cabinet has approved the launch of which scheme for the welfare of the elderly?

A. Vridha Mitra

B. Elder Care

C. Vayoshreshtha Samman

D. Senior Citizen Support

Correct Answer: C

Explanation: The Union Cabinet has approved the launch of the Vayoshreshtha Samman scheme for the welfare of the elderly. The scheme will provide awards to senior citizens who have contributed to the society and worked for the cause of the elderly.

Question 6:

Who has been appointed as the new Chairman of the Securities and Exchange Board of India (SEBI)?

A. Ajay Tyagi

B. U.K. Sinha

C. G. Mahalingam

D. Ajay Kumar Bhalla

Correct Answer: C

Explanation: G. Mahalingam has been appointed as the new Chairman of SEBI. He is a former Whole-Time Member of SEBI and has also served as an Executive Director at the Reserve Bank of India.