Current Affairs 17 March 2024 & Test | Latest News & Updates

Current Affairs 17 March 2024 & Test Latest News & Updates

 

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1. SpaceX company has launched the ‘Methanesat’ satellite to track global methane emissions with the help of Falcon 9 rocket. At what height will this satellite be located above the Earth’s surface?

  1. 580 Kilometres
  2. 500 Kilometres
  3. 480 Kilometres
  4. 530 Kilometres

Show The Answer

  1. 580 Kilometres

2. The 128th bill ‘Nari Shakti Vandan Act’ has been declared by whom?

  1. Narendra Modi
  2. Arjun Ram Meghwal
  3. Amit Shah
  4. Smriti Irani

Show The Answer

2. Arjun Ram Meghwal

3. Where have Zoya Akhtar and Asma Khan been honored with the ‘India-UK Achievers’ Award-2024?

  1. New Delhi
  2. Mumbai
  3. Birmingham
  4. London

Show The Answer

4. London

4. Select the incorrect option from the following.

  1. Luxembourg – Jakarta
  2. Prague – Czech Republic
  3. Zagreb – Croatia
  4. Podgorica – Montenegro

Show The Answer

  1. Luxembourg – Jakarta

5. Parul Chaudhary, a resident of Uttar Pradesh, has won the gold medal in the 5000 meter race in the 19th Asian Game. Where were these games held?

  1. Tokyo – Japan
  2. Hangzhou – China
  3. Jakarta – Indonesia
  4. Seoul – South Korea

Show The Answer

2. Hangzhou – China

6. Recently, which state/union territory’s popular dish ‘Kalari’ has got the GI tag?

  1. Jammu – Kashmir
  2. Punjab
  3. Kerala
  4. Rajasthan

Show The Answer

  1. Jammu – Kashmir

7. South African resident Shabnim Ismail has become famous for bowling the fastest ball in women’s cricket history. What is the recorded speed of the ball bowled by her?

  1. 102.1 km/h
  2. 132.1 km/h
  3. 12.1 km/h
  4. 32.1 km/h

Show The Answer

2. 132.1 km/h

8. Where in India has the World Economic Forum signed an agreement to set up an AI centre?

  1. Maharashtra
  2. Tamil Nadu
  3. Uttar Pradesh
  4. Karnataka

Show The Answer

4. Karnataka

9. Where has the ‘Abua Veer Dishom Abhiyan’ started to ensure the rights of the castes living in the forest?

  1. Kerala
  2. Rajasthan
  3. Jharkhand
  4. Maharashtra

Show The Answer

3. Jharkhand

10. Where was the 141st International Olympic Committee meeting held?

  1. Mumbai
  2. Paris
  3. Sydney
  4. Tokyo

Show The Answer

  1. Mumbai

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Some lines of current affairs 17 March 2024 news

National

By 2030, Indian Railways aims to emit zero carbon

Indian Railways aims to be ‘net-zero carbon emitter’ by 2030, transitioning fully to electric trains by December 2023 and predominantly using non-renewable sources to power trains and stations by 2030, according to Union Railways Minister Ashwini Vaishnaw in a written reply to the Lok Sabha.

Narender Singh Tomar opens “AgriUnifest” in Bengaluru

On March 15, 2023, Agriculture and Farmers Welfare Minister Narendra Singh Tomar launched “AgriUnifest” in Bengaluru, Karnataka. The event, a 5-day cultural program, was jointly organized by Bangalore Agricultural University and the Indian Council of Agricultural Research (ICAR). Over 2500 students from 60 State Universities/Central Universities took part.

International

Bhutan is no longer on the UN’s list of Least Developed Countries

At the United Nations Least Developed Countries (LDC) Summit in Doha, Qatar, which ended on March 9, Bhutan, a landlocked Himalayan kingdom, was announced to no longer be considered a Least Developed Country (LDC). This makes Bhutan the seventh country to graduate from the list since it was first included in 1971. Bhutan has shown significant progress in various socio-economic areas over the past few decades.

Appointments

Deepak Mohanty is now the chairman of PFRDA, and Mamta Shankar is a Whole-Time Member

Deepak Mohanty is the new chairman of the Pension Fund Regulatory and Development Authority (PFRDA) in India, taking over from Supratim Bandyopadhyay, whose term ended in January. Mohanty, a former executive director of the Reserve Bank of India (RBI), had previously been a member of PFRDA.

Viacom18 names MS Dhoni, the former captain, as their brand ambassador

Viacom18 chose MS Dhoni to be its brand ambassador for promoting digital sports viewing. Dhoni will work with Viacom18 to urge fans to watch sports on digital platforms. He will be part of Viacom18’s projects and appear in JioCinema’s TATA IPL campaign, also endorsing the brand on his social media.

Key points for exams:

  • Viacom18 HQ: Mumbai
  • Founded: Nov 2007
  • CEO: Jyoti S. Deshpande

K. Krithivasan named future CEO of Tata Consultancy Services (TCS)

Rajesh Gopinathan, the Managing Director and CEO of Tata Consultancy Services (TCS), is resigning to pursue other interests after more than 20 years with the company. The board of directors has approved his resignation and appointed K Krithivasan as CEO-designate, starting March 16, 2023.

Banking

IDFC FIRST Bank teams up with Mumbai Indians as their official banking partner

IDFC FIRST Bank, a private bank in India, has partnered with the Mumbai Indians cricket team in the IPL. As their banking partner, IDFC FIRST Bank will offer financial services to the team and players, such as banking solutions, credit cards, and digital banking.

Key points for exams:

  • IDFC FIRST Bank Headquarters: Mumbai
  • IDFC FIRST Bank CEO: V. Vaidyanathan (since December 19, 2018)
  • IDFC FIRST Bank Parent Organization: Infrastructure Development Finance Company
  • IDFC FIRST Bank Founded: October 2015

RBI and the Central Bank of UAE signed an MoU to encourage innovation in financial products and services

On March 15, the Reserve Bank of India (RBI) announced a Memorandum of Understanding (MoU) signing with the Central Bank of the United Arab Emirates. This agreement aims to foster innovation in financial products and services. The RBI and the UAE’s central bank will work together on FinTech advancements, focusing particularly on Central Bank Digital Currencies (CBDCs) and examining how these currencies can work seamlessly with each other.

The NCLT has given the green light for the merger of HDFC and HDFC Bank

On March 17th, the National Company Law Tribunal (NCLT) approved the merger of HDFC Ltd and HDFC Bank, marking the largest merger in Indian corporate history. This merger combines India’s top housing finance company with the largest private lender, forming a significant banking entity. HDFC Ltd had previously gained approval from regulatory bodies and stock exchanges for the merger. Both companies’ shares saw an uptick in trading on the BSE later in the day.

Canara Bank now offers a Rupay Credit Card through UPI

Canara Bank partnered with NPCI to introduce the Rupay Credit Card via UPI on the BHIM app. This lets customers link their Rupay Credit Card to UPI for making merchant transactions, eliminating the need for a physical card and resembling UPI’s account-based transactions.

ICICI Bank provides specialized banking services for Indian startups

ICICI Bank now provides a range of digital and in-person services to meet all banking needs for startups at every stage. With its ‘Startup Ecosystem Banking’ initiative, the bank has a special team and branch network dedicated to serving startups.

Economy

Microsoft signs a licensing agreement with cloud gaming company Boosteroid

CRISIL predicts India’s GDP growth to be 6% in 2024, lower than the National Statistics Office’s estimated 7% for 2023. Global conditions have worsened due to geopolitical events, persistent high inflation, and significant interest rate increases.

India’s foreign exchange reserves dropped by $2.40 billion to reach a three-month low of $560 billion

India’s foreign exchange reserves dropped to $560 billion as of March 10, 2023, according to the Reserve Bank of India. This marks a three-month low, following a brief increase to $562.40 billion on March 3. Foreign currency assets, which include non-US units like the euro, pound, and yen, decreased to $494.86 billion, reflecting a decline of about $2.2 billion.

Business

BIS Starts New Program to Help Students Learn Science Through Standards

The Bureau of Indian Standards (BIS) has launched the “Learning Science via Standards” program to enhance science education for school students. It aims to improve learning outcomes and foster interest in science by giving students access to national and international science standards. This initiative aligns with BIS’s goal of enhancing education quality in India and supporting the government’s vision for scientific advancement. The program provides lesson plans focusing on everyday products.

Key points:

  • BIS Director General: IAS Pramod Kumar Tiwari
  • BIS Founded: December 23, 1986
  • BIS Headquarters: Manak Bhawan, Old Delhi

Awards

Shaktikanta Das, the RBI Governor, awarded ‘Governor of the Year’ by Central Banking

Shaktikanta Das, Governor of the Reserve Bank of India, was named “Governor of the Year” for 2023 by Central Banking, an international economic research journal. He was praised for his strong leadership during tough times, such as the collapse of a major non-banking company, the COVID-19 pandemic’s first and second waves, and inflation pressures caused by Russia’s invasion of Ukraine.

Ranks and Reports

Delhi airport named best in South Asia by Skytrax

For five consecutive years, Delhi’s Indira Gandhi International Airport (IGIA) has been named the top airport in South Asia by Skytrax, a UK-based consultancy. It’s recognized for its outstanding facilities and services according to customer surveys.

Schemes and Committees

Another government survey contradicts the Swachh Bharat’s claim of achieving 100% Open Defecation Free status

Although the government has been working to improve sanitation and eliminate open defecation in India, recent surveys suggest that these efforts may not have been entirely successful. Between 2018 and 2021, four government surveys have challenged the assertion that all villages in India are free from open defecation, indicating inadequate sanitation in numerous regions.

What’s the REACHOUT scheme?

The Indian government launched the REACHOUT scheme to boost research, education, and training in the country, particularly in Earth Sciences. Led by the Ministry of Earth Sciences, it fosters collaboration among academic institutions, industry, and government to enhance education and research quality in India.

The government plans to boost the MSME sector with the Competitive (LEAN) Scheme

The Indian government revamped the MSME Competitive (LEAN) Programme to encourage micro, small, and medium-sized enterprises (MSMEs) to adopt specific manufacturing practices. Originally part of the MSME Champions Program, this initiative aims to enhance the quality, productivity, and performance of Indian MSMEs.

Important Days

World Sleep Day 2023 was on March 17th

World Sleep Day happens every year on the Friday before the Spring Vernal Equinox to highlight the importance of sleep. In 2023, it falls on March 17. The goal is to raise awareness about sleep disorders and promote better prevention and management. This year’s theme, declared by the World Sleep Society, is ‘Sleep is Essential for Health’.

India celebrates National Vaccination Day on Polio Sunday 2023

In India, National Vaccination Day, also called “Polio Ravivar,” is on March 16th every year. It’s to spread awareness and encourage polio vaccination. Many countries have similar events to promote vaccination, each on different dates. The main aim is to urge people to get vaccinated to protect against diseases.

 

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