Daily GK Update: 1st March 2023

By Vijay Kumar|Updated : March 1st, 2023

Current Affairs forms a part and parcel of the General Awareness section of the Competitive examination. Here are the important current happenings for regulatory bodies exams. Go through them and get an edge in the GA section.

 National & International Appointments

1. Rajesh Malhotra appointed as Principal DG of PIB

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  • Rajesh Malhotra, a 1989-batch IIS officer, has been appointed as the Principal Director General of the Press Information Bureau (PIB), with effect from March 1, 2023.
  • He succeeded Satyendra Prakash, who was superannuated on February 28, 2023.
  • He was associated with the ECI as in-charge of media and communication for 21 years (1996-2017).
  • While Priya Kumar was named the Director General of Doordarshan News (DD News).
  • She will succeed Mayank Agrawal.

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 National Affairs

2. MeitY launched Grievance Appellate Committee

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  • The Ministry of Electronics and Information Technology (MeitY) has launched a digital platform - Grievance Appellate Committee (GAC).
  • It was established by Union MoS Electronics and IT, Rajeev Chandrasekhar.
  • It is a faceless dispute-resolution mechanism that would make all platforms (big and small) accountable to digital citizens.
  • In accordance with the modified IT Regulations, 2021, the IT Ministry announced that three GACs must be established.

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 National Affairs

3. Union Minister Dr Jitendra Singh launches VAIBHAV Fellowships

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  • Union MoS (Independent Charge) Science & Technology, Dr. Jitendra Singh has launched the VAIBHAV Fellowship scheme for the Indian Diaspora abroad.
  • Aim: To improve the research ecosystem of India’s Higher Educational Institutions by facilitating academic and research collaborations between Indian Institutions and the best institutions in the world
  • Eligible applicant:
    • Should be NRI, PIO, or OCI.
    • Must have obtained Ph.D/M.D/M.S degree from a recognized University.

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 Agreement

4. India and Lithuania agreed to work in the areas of deep tech Start-Ups

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  • India and Lithuania have agreed to work in the areas of deep tech startups and forge lasting ties in the manufacturing of semiconductor chips.
  • Minister Jitendra Singh and Economy and Innovation Vice Minister of Lithuania, Karolis Aemaitis discussed ways and means to revive the 2010 agreement in the area of science and tech.
  • In 2010, a revised Indian counter-draft with a few modifications was formally submitted to the Lithuanian and its formal response is still awaited.

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 Agreement

5. NSDC, HTMi sign MoU to empower youth for the hospitality & tourism Sector

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  • National Skill Development Corporation (NSDC) has signed two MoUs with HTMi, and Lamrin Tech Skill University.
  • NSDC and HTMi: It aims to provide certificates, diplomas, advanced diplomas, and certification courses in hospitality trades to aspiring students.
  • NSDC, HTMi, and LTSU: LTSU as an implementation partner for the first phase of this partnership,  NSDC & HTMi envisage similar such partnerships as the program gets scaled up. 

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 Honours & Awards

6. India wins GSMA Government Leadership Award 2023

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  • India has been awarded the prestigious GSM Association (GSMA) Government Leadership Award 2023 at Mobile World Congress Barcelona on 27 February 2023.
  • Reason: For implementing best practices in telecom policy and regulation
  • Minister for Communications, Ashwini Vaishnaw has also informed that the Right of Way (RoW) permissions which used to take more than 230 days, now get approval within 8 days.
  • More than 85% of mobile tower clearances are now instantaneous.

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 National Affairs

7. Purushottam Rupala launched National Surveillance Programme phase 2

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  • Union Minister for fisheries and animal husbandry, Purushottam Rupala, has launched phase 2 of the National Surveillance programme.
  • Reason: For aquatic animal diseases and genetic improvement programme
  • Aim: To help the farmers to identify and report the disease and also offer solutions
  • The government has allocated 33 Crore rupees for a period of three years for the implementation of the programme.
  • The crop insurance scheme for shrimp-growing farmers was also launched.

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 Science & Technology

8. ISRO successfully conducts flight test of cryogenic engine for Chandrayan-3

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  • ISRO has successfully conducted the flight acceptance hot test of the CE-20 cryogenic engine for the Chandrayan-3 mission.
  • The test was successfully conducted on February 24 at the ISRO Propulsion Complex, Mahendragiri, Tamil Nadu.
  • The hot test was carried out for a planned duration of 25 seconds at the High Altitude Test Facility.
  • The engine will power the Cryogenic Upper Stage of the LVM3 launch vehicle of the mission.
  • Chandrayaan-3 is India’s third moon mission.

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 Banking & Finance

9. India's GDP registers growth of 4.4% in Oct-Dec of the current fiscal

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  • According to the Union ministry of statistics, India's Gross Domestic Production (GDP) growth has been registered at 4.4% in the October-December third quarter of the current fiscal (2022-23).
  • GDP in the third quarter of 2022-23 is estimated at Rs 40.19 lakh crore, as against Rs 38.51 lakh crore in the third quarter of 2021-22.
  • The real GDP is estimated to grow at 7% for the current FY compared to 9.1% in 2021-22.
  • While Nominal GDP is estimated to grow at 15.9 percent.

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 Banking & Finance

10. Credit growth of banks accelerates 16.8% in December quarter: RBI

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  • According to the data released by the Reserve Bank of India (RBI), the credit growth of Indian banks has doubled to 16.8% in the October-December quarter (2022-23) from a year earlier.
  • Bank credit had expanded by 8.4% in the quarter that ended December 2021 and 17.2% in the quarter that ended September 2022.
  • The aggregate deposits of banks increased by 10.3% year-on-year in the December quarter.
  • Banks' credit-deposit ratio rose further to 75.9% in the December quarter.

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 Summits & Conferences

11. 8th Edition of Raisina Dialogue to be held on March 2 in New Delhi

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  • The 8th Edition of the Raisina Dialogue will be organized from 2-4 March 2023 in New Delhi.
  • The Dialogue will be inaugurated by PM Narendra Modi and joined by the PM of Italy, Giorgia Meloni as the Chief Guest.
  • Theme 2023: Provocation, Uncertainty, Turbulence: Lighthouse in the Tempest
  • It is a flagship conference of India on geopolitics and geo-strategy.
  • It is organized by the Ministry of External Affairs in collaboration with Observer Research Foundation.

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 Summits & Conferences

12. First Anti-Corruption G20 Working Group meeting organizes in Gurugram

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  • The first Anti-Corruption Working Group (ACWG) meeting of the G20 is being organized in Gurugram, Haryana from 1st - 3rd March 2023.
  • The ACWG was joined by over 90 delegates from 20 member countries, 10 Invitee countries, and 9 International Organizations.
  • Aim: To strengthen International Anti-corruption mechanisms
  • G 20 ACWG meetings have one Chair (Presidency country) and one co-chair country.
  • The co-chair for the G20 ACWG 2023 is Italy.

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 State Affairs

13. Kerala temple deploys life-size ‘robotic elephant’ for festival

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  • A Kerala temple, Irinjadappilly Sree Krishna Temple (Thrissur district), has introduced a life-size motorized model of an elephant for performing rituals such as carrying processional deities.
  • The 11-foot-tall robotic elephant, weighing 800 kg and made of an iron frame and rubber coating, was donated by People for Ethical Treatment of Animals (PETA) India.
  • Film actor Parvathy Thiruvothu joined hands with PETA in donating the robotic elephant, which cost 5 lakh rupees.

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Daily GK Update: 1st March 2023

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