25 March 2023 Current Affairs – The Day’s Top News | GKSERIES

Daily Current Affairs 25 March 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 25 March 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

So, here is the Top News of the Day for 25 March 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Current Affairs for Competitive Exam – 25 March 2023

International Day of Solidarity with Detained and Missing Staff Members 2023: 25 March

International Day of Solidarity with Detained and Missing Staff Members 2023: Every year on March 25, the United Nations observes the International Day of Solidarity with Detained and Missing Staff Members to honour the memory of Alec Collett, a journalist who died while on a UN mission after being kidnapped. The purpose of this day is to acknowledge the contributions of UN personnel and the risks they take to carry out humanitarian work, as well as to remember those who have lost their lives in service to the UN.

March 2023 Current Affairs Quiz

International Day of Solidarity with Detained and Missing Staff Members: Significance

The International Day of Solidarity with Detained and Missing UN Personnel is significant because it recognises the vital work of UN personnel who risk their lives to carry out humanitarian missions in some of the world’s most dangerous areas. This day acknowledges the sacrifices and risks that UN staff members undertake on behalf of the global community, and it highlights the importance of protecting the safety and well-being of UN personnel.

International Day of Solidarity with Detained and Missing Staff Members: History

The International Day of Solidarity with Detained and Missing Staff Members was first observed by the United Nations (UN) in 1993. The day was created to recognize the work of UN personnel who have been detained, kidnapped, or have gone missing while carrying out their duties on behalf of the UN. The date, March 25th, was chosen to commemorate the abduction of Alec Collett, a former journalist and UN staff member who was kidnapped in 1985 while working for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). Collett was imprisoned for more than six years before his death in 1991. Since the creation of this day, the UN has used it as an opportunity to raise awareness of the dangers faced by its staff members and to advocate for their safety and well-being. The day is also meant to honor the sacrifices made by those who have lost their lives in the line of duty and to show support for their families and loved ones. Each year, the UN Secretary-General issues a statement on this day to commemorate those who have been detained or have gone missing, and to call for their safe release and return.

PM Modi addressed ‘One World TB Summit’ at Varanasi

PM Modi addressed ‘One World TB Summit’ at Varanasi: Prime Minister Narendra Modi highlighted India’s powerful pharmaceutical industry as a significant advantage in the global battle against tuberculosis (TB) during the One World TB Summit organised by the Ministry of Health and Family Welfare (MoHFW) on World Tuberculosis Day. He also mentioned that India has set a goal of eradicating TB by the year 2025.

March 2023 Current Affairs Quiz

More About The ‘One World TB Summit’:

At his Lok Sabha constituency, the Prime Minister addressed the audience and emphasized that India’s strong pharmaceutical industry is a significant asset in the global fight against TB. He expressed his wish that India’s campaigns, innovations, and efforts benefit the entire world, as India is devoted to achieving global good. The Prime Minister also stated that India has set an ambitious goal of eliminating tuberculosis by 2025, five years ahead of the global target of 2030.

About One World TB Summit:

The event is organised by the health ministry along with the Stop TB Partnership organisation. Founded in 2001, the Stop TB Partnership is a United Nations-hosted organisation that amplifies the voices of the people, communities, and countries affected by TB, a statement by the Prime Minister’s Office (PMO).

Other Initiatives launched during One World TB Summit:

Several initiatives were launched during the event, including the TB-Mukt Panchayat initiative, the official pan-India rollout of a shorter TB Preventive Treatment (TPT), a family-centric TB care model, and the release of India’s Annual TB Report 2023. He also awarded select States/UTs and Districts for their progress toward ending TB.

In March 2018, during the End TB summit held in New Delhi, Prime Minister Modi had called on India to achieve TB-related SDG targets by 2025, five years ahead of stipulated time.

The Prime Minister congratulated Karnataka and Jammu-Kashmir for being honoured at the event for becoming TB-free.

Significance of the One World TB Summit:

One World TB Summit aims to further deliberate upon the targets as the country moves forward to meet its TB elimination objectives. It also provides an opportunity to showcase learnings from National TB Elimination Programmes. International delegates from over 30 countries are scheduled to be present at the summit, the PMO statement informed.

Intel cofounder Gordon Moore passes away at 94

Intel cofounder Gordon Moore passes away at 94: Gordon Moore, who helped found Intel in 1968 and predicted that computing power would increase over time (known as “Moore’s Law”), died at the age of 94.  Moore was an important figure in the semiconductor industry and played a key role in putting Intel’s processors in most personal computers.

March 2023 Current Affairs Quiz

Career and life of Gordon Moore

Gordon Moore is an American businessman, engineer, and co-founder of Intel Corporation, one of the world’s largest semiconductor chip manufacturers. He is best known for his 1965 observation, which became known as “Moore’s Law,” which states that the number of transistors on a microchip will double every 18-24 months, while production costs will decrease.

Moore was born on January 3, 1929, in San Francisco, California. He received his bachelor’s degree in chemistry from the University of California, Berkeley, and a Ph.D. in chemistry and physics from the California Institute of Technology. He worked at the Applied Physics Laboratory of Johns Hopkins University before co-founding Intel Corporation with Robert Noyce in 1968.

Moore was Intel Corporation’s CEO from 1975 to 1987, and then chairman of the board from 1997 to 2000. He has been awarded several honors for his contributions to the field of electronics and technology, including the National Medal of Technology and Innovation in 1990, the IEEE Medal of Honor in 2008, and the Presidential Medal of Freedom in 2015.

26 % of world’s population does not have safe drinking water: UNESCO report

26 % of world’s population does not have safe drinking water: UNESCO report– A report presented by UNESCO at the UN 2023 Water Conference in New York reveals that a significant portion of the world’s population still does not have access to safe drinking water and adequate sanitation. According to the report, 26% of the global population lacks access to safe drinking water, while 46% lack access to well-managed sanitation facilities.

March 2023 Current Affairs Quiz

Furthermore, the report highlights that between two and three billion people experience water scarcity for at least a month every year, which can lead to severe consequences for livelihoods, particularly in terms of food security and access to electricity.

About the UN 2023 Water Conference:

It will be the second UN Conference on Water after the one held in 1977 in Mar del Plata, Argentina. UN has launched a global campaign called ‘Be the Change’ to mark World Water Day 2023.

The Report: UN World Water Development Report 2023:

The WWDR is published by UNESCO on behalf of UN-Water and its production is coordinated by the UNESCO World Water Assessment Programme. Every year on World Water Day (March 22nd), an annual report is released.

The report’s principal discoveries:

Global Findings:

According to statistics, a significant portion of the world’s population, specifically two billion individuals, lack access to safe drinking water, and 3.6 billion people do not have access to well-managed sanitation facilities.

Water scarcity is expected to affect nearly half of the world’s urban population by 2050, up from one-third in 2016. In this regard, India is expected to be one of the most severely affected countries.

South Asia:

80% of people living under water stress lived in Asia; in particular, northeast China, as well as India and Pakistan.

Finance Bill 2023 passed in Lok Sabha

Finance Bill 2023 passed in Lok Sabha: Without debate, the Lok Sabha passed the Finance Bill 2023, which implements tax proposals for the upcoming fiscal year. The passage of the Bill occurred amid Opposition uproar over the Adani controversy.

More About The Finance Bill 2023:

The Bill includes proposals for 64 official amendments, including one that seeks to eliminate long-term tax benefits for certain types of debt mutual funds and another that calls for the establishment of the GST Appellate Tribunal.

March 2023 Current Affairs Quiz

Key Amendments in the Finance Bill 2023 are:

  • The Finance Bill 2023 includes several amendments, such as the taxation of mutual funds having less than 35% AUM in domestic equity as short-term capital gains and the provision of enhanced tax benefits to offshore banking units operating in GIFT City, which will receive a 100% deduction on income for 10 years.
  • Furthermore, the tax on royalties and technical fees earned by foreign companies has been raised from 10% to 20%.
  • Other amendments include the formation of a committee to address the pension system’s needs, and a proposal for marginal relief to limit the tax one pays to the income that exceeds Rs. 7 lakh.
  • The Bill also proposes that all payments made through credit cards for foreign tours be considered under the LRS and subject to Tax Collection at Source (TCS).
  • Furthermore, the Securities Transaction Tax on the sale of options has been raised from Rs. 1,700 to Rs. 2,100 on a turnover of Rs. 1 crore.

What is a Finance Bill?

It is a Bill that contains some provisions related to taxation and expenditure, and additionally contains provisions related to any other matter is called a Financial Bill.

Rule 219 of the Rules of Procedure of Lok Sabha states:

  • ‘Finance Bill’ refers to the Bill that is normally introduced each year to give effect to the Government of India’s financial proposals for the following fiscal year, as well as a Bill to give effect to supplementary financial proposals for any period.
  • It is a part of the Union Budget, stipulating all the legal amendments required for the changes in taxation proposed by the Finance Minister.
  • There are various types of Finance Bills, the most important of which is the Money Bill. Article 110 defines the Money Bill in detail.
  • The Speaker of the Lok Sabha is authorised to decide whether the Bill is a Money Bill or not. Also, the Speaker’s decision shall be deemed to be final.
  • The Finance Bill, as a Money Bill, needs to be passed by the Lok Sabha — the lower house of the Parliament. Post the Lok Sabha’s approval, the Finance Bill becomes Finance Act.

Shrimant Kokate’s 1st book in English “Chhatrapati Shivaji Maharaj” released

Chhatrapati Shivaji Maharaj (illustrated): Shrimant Kokate, a well-known Marathi author and historian, recently published his first English book, “Chhatrapati Shivaji Maharaj (illustrated),” which Dilip Chavan translated. The book was released by Amol Kolhe, a popular MP and actor known for his portrayals of Chhatrapati Shivaji Maharaj and Sambhaji Maharaj in Marathi TV series. Kokate is well-known for his four books on Shivaji, all of which have received positive reviews and are widely read. He has written a total of 10 books on various subjects.

March 2023 Current Affairs Quiz

The Essence of the book:

The recently released book focuses on how Chhatrapati Shivaji Maharaj, the Maratha king, took care of the interests of his subjects. He made sure that farmers were happy and ordered that their haystacks not be touched. He helped drought-stricken farmers by providing them with zero-interest loans. The book also highlights how there was no discrimination during Shivaji’s rule. The first twenty-five chapters provide a historical context of Shivaji’s upbringing by his revolutionary parents, Jijau and Shahajiraje, who instilled noble values in him. The second half of the book depicts how Shivaji’s work influenced various aspects of Indian society, including social, cultural, political, and educational spheres, and how his life inspired a revolution. This information was shared by the author, Shrimant Kokate.

Egypt officially becomes member of BRICS New Development Bank

Egypt officially becomes member of BRICS New Development Bank : Egypt joined the BRICS New Development Bank (NDB) as an official member. Egypt completed all the necessary procedures to become an eligible member on February 20, 2023.

March 2023 Current Affairs Quiz

About NDB:

BRICS’ New Development bank was established in July 2014, after an intergovernmental agreement was signed by the partner nations at the sixth BRICS summit in Fortaleza. NDB bank includes India, Brazil, Russia, China, and South Africa as member countries.

Points to Remember

  1. NDB Headquarter – Shanghai, China
  2. NDB President – Marcos Prado Troyjo
  3. NDB formation – July 2014

Agriculture Minister Narendra Singh Tomar launches DigiClaim

Agriculture Minister Narendra Singh Tomar launches DigiClaim: Union Agriculture Minister Narendra Singh Tomar on Thursday launched a National Crop Insurance Portal’s digitised claim settlement module, called DigiClaim, under the ambit of the Pradhan Mantri Fasal Bima Yojana (PMFBY). With the DigiClaim Module, insurance claims of over 1,260 crore rupees have been disbursed to insured farmers of six states on March 23, 2023.

March 2023 Current Affairs Quiz

With the launch of the module, claims will be disbursed electronically, which will benefit the respective farmers of six states. Now, the automated claim settlement process will be an ongoing activity to ease all insured farmers’ lives and provide them with a sustainable financial flow and support.

The states are Rajasthan, Uttar Pradesh, Himachal Pradesh, Chhattisgarh, Uttarakhand, and Haryana.

Speaking on the occasion, Tomar said it was a matter of pride for the Agriculture Ministry to have taken a revolutionary step in ensuring that farmers can receive claim amounts digitally in a time bound and automated manner, thereby making them self-reliant and strong.

India wins both men’s and women’s Asian Kho Kho Championship title 2023

India wins both men’s and women’s Asian Kho Kho Championship title 2023 : The host India clinched both men’s and women’s titles of the Asian Kho Kho Championship 2023 held at Tamulpur in Assam. In the women’s category, Indian Eves defeated Nepal by an inning and 33 points.

March 2023 Current Affairs Quiz

In the finals, Indian men defeated Nepal by 6 points and an innings while Indian women got the better of the same opponent by 33 points and an innings. Earlier, in the semifinals, Indian men overcame Sri Lankan challenges by 45 points. On the other hand, Nepal defeated Bangladesh by 12 points with 1.5 minutes to spare.

India remained unbeaten in both categories throughout the tournament. A total of nine countries participated in the event.

India, UK hold joint maritime exercise ‘Konkan’ in Arabian Sea

India, UK hold joint maritime exercise ‘Konkan’ in Arabian Sea : The annual bilateral maritime exercise between the Indian Navy and UK’s Royal Navy was held off the Konkan coast in the Arabian Sea from March 20-22, an official statement said on Thursday. INS Trishul, a guided missile frigate, and HMS Lancaster, a Type 23 guided missile frigate, participated in ‘Konkan 2023’ and undertook multiple maritime drills to enhance interoperability and imbibe best practices, the Indian Navy said in the statement.

March 2023 Current Affairs Quiz

It is a joint drill by the two navies to demonstrate operational readiness, enhancing interoperability and improving the ability to conduct joint operations. INS Trishul, a guided missile frigate, and HMS Lancaster participated. It covered all domains of maritime operations, air, surface, and subsurface.

The exercises covered all domains of maritime operations, air, surface and sub-surface, and included gunnery shoots on surface inflatable target ‘Killer Tomato’, helicopter operations, anti-air and anti-submarine warfare drills, Visit Board Search and Seizure (VBSS), ship manoeuvres and exchange of personnel, it said.

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