Daily Current Affairs For BPSC as on 29.03.2023


1. Bauxite Certified Reference Material (CRM)

Why in news - National Aluminium Company Limited (NALCO) has successfully developed a Bauxite Certified Reference Material (CRM).

Key Points –

• This is the first of its kind CRM in India and 5 th in the World.

• Name - BARC B1201.

• Collaborator - Bhabha Atomic Research Centre (BARC).

• NALCO - Navratna CPSE, under Ministry of Mines.

About CRM –

• Blocks of metal that indicate concentration of their various constituent elements.

• The CRM was certified for 9 property values.

2. Pension Reforms

Why in news – Formation of a committee to look into improving the system of pension for government employees was announced.

Key Points –

• 5 states reverted to the Old Pension Scheme (OPS) - Himachal Pradesh, Punjab, Rajasthan, Chhattisgarh and Jharkhand.

About the Committee:

• Head - T V Somanathan (Finance Secretary).

• Task assigned – To work on an approach that will strike a balance between employees’ needs and fiscal prudence.

• Any changes proposed to be adopted by both Central and state governments.

3. Flood Disaster Preparedness

Why in news - The World Bank has approved a $108 million loan to help Assam improve disaster preparedness and enhance flood forecasting.

Key Points –

• It is part of a larger $500 million investment program for Assam.

• Flood affected protected areas in Assam - Kaziranga National Park, Pobitora Wildlife Sanctuary etc.

4. Lord Basaveshwara

Why in news - Amit Shah unveiled the statues of Lord Basaveshwara and Nadaprabhu Kempegowda in Bengaluru, Karnataka.

Key Points –

About N Kempegowda –

• Chieftain under the Vijayanagara Empire of the 16th century.

• Founder of Bengaluru.

• Developed around 1,000 lakes in the city to cater to its drinking and agricultural needs.

• Iconic figure among Vokkaligas

About Jagadguru Basaveshwara (Basavanna) –

• 12th century poet and philosopher.

• Founder of Lingayatism, Lingayat community. (Follower of Saivite).

• Teachings - Arivu (true knowledge), Achara (right conduct), and Anubhava (divine experience).

• He believed in a society free of the caste system, with equal opportunity for all.

• Established Anubhava Mantapa - Common forum for all to discuss the prevailing problems of socio, economic and political strata.


1. Humza Yousaf

Why in news - Humza Yousaf has been elected as Scottish National Party’s new leader.

Key Points –

• He replaced First Minister Nicola Sturgeon.

• Pakistan origin Humza is set to become the first person of color to serve as Scotland’s first minister.

• He became the youngest and the first Muslim leader of a government in western Europe.

2. IMF Bailout

Why in news - The International Monetary Fund (IMF) executive board approved a nearly $3 billion bailout plan for Sri Lanka.

Key Points –

• Bailout - extending support to an entity facing a threat of bankruptcy.

About IMF –

• Established - July 1944, Bretton Woods, New Hampshire, United States.

• Function - last resort lender for countries facing severe economic crises.

• The IMF lends money in the form of Special Drawing Rights (SDRs).

• SDR is a basket of 5 currencies — US dollar, Euro, Chinese Yuan, Japanese Yen and British Pound.

• Lending is done through - Standby credit facility, extended fund facility, rapid credit facility, short term liquidity line, sustainability facility etc.


1. India-Africa Army Chiefs’ Conclave

Why in news - The first joint conference of army chiefs of India and African countries was held in Pune.

Key Points –

• Chief guest - Defense Minister Rajnath Singh.

• Army chiefs of 10 countries along with 31 representatives of African countries are present.

• It was organised on the sidelines of the AFINDEX joint exercises.


1. Gandhamardan Hill

Why in news - The Gandhamardan hill range of Odisha has been accorded the tag of ‘biodiversity heritage site (BHS).

Key Points –

• 3rd BHS in Odisha. (1st - Mahendragiri hills in Gajapati, 2nd - Mandasaru gorge in Kandhamal district).

• Spread – Bargarh and Balangir districts.

• It is famous for medicinal plants. It is considered the 'Ayurvedic paradise' of Odisha.

• 2 historical monuments on the hill - Nrusinghanath temple and Harishankar temple.

• BHS is declared Under Section 37 of Biological Diversity Act, 2002. It is notified by the State Government in consultation with local bodies.


1. Interchange fee on UPI Transactions

Why in news - NPCI has recommended an interchange fee on Unified Payments Interface (UPI) transactions of over Rs 2,000.

Key Points –

• Using the Prepaid Payment Instruments (PPIs) on UPI would attract interchange at 1.1% of the transaction value for transactions worth over Rs 2,000.

• No interchange in terms of peer-to-peer (P2P) or peer-to-peer-merchant (P2PM) transactions between the bank account and the PPI wallet would apply.

• PPIs are digital wallets that allow users to store money and make payments.


1. Wildlife Conservation Award

Why in news - Wildlife conservationist Aliya Mir was honoured by J&K Lieutenant Governor Manoj Sinha.

Key Points –

• She is the first woman from J&K to receive it.

• Alia Mir's Wildlife Rescue Helpline (2021) works to rescue snakes and other wild animals.


1. “War & Women”

Why in news – The Book “War & Women” written by Dr. MA Hasan was launched on March 24, 2023.

Key Points –

• It speaks against Pak Army on genocide in 1971.


• According to S&P Global Ratings, India's economic growth is estimated to be at what percent in the fiscal year beginning April 2023 – 6%.

• Which state released the updated State Disaster Management Policy and Disaster Management Plan 2023 in March 2023 – Tamil Nadu.

• Union Environment Minister Bhupender Yadav recently launched the Aravalli Green Wall Project in which city – Gurugram.

• Where have researchers discovered a new species of moray eel named Gymnothorax tamilnaduensis in March 2023 – Cuddalore coast, Tamil Nadu.

• Which bank will buy all of SVB's deposits and loans - First Citizens Bank.

• What is the name of recently launched world's first 3D-printed rocket - Terran 1.

• What is the maximum GST compensation cess rate for pan masala on the retail sale price per unit - 51%.

• Who is heading the government constituted committee to monitor the stock of Arhar dal - Nidhi Khare.

• Who has won the Children's Champion Award 2023 in the health and nutrition category - 'Tapoban' (Assam's NGO).

• Recently, which Indian all-rounder cricketer has been included in the elite grade 'A+' of the BCCI central contract list- Ravindra Jadeja. 


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