04th March Daily Current Affairs 2022: Today GK Updates for Bank Exam

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Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of the 04th March 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily GK Update of the 04th March 2022 covering the following news headlines: Stree Manoraksha’ Project, Camel Protection and Development Policy, Anubhav, SDG Index 2021, ISSF World Cup, OCEANS 2022.

Top 17 Daily GK Updates: National & International News

Here is providing below the top 17 important Daily General Knowledge 2022 updates with national & international news.

National News

1. MoWCD launches ‘Stree Manoraksha’ Project

The Ministry of Women and Child Development (MoWCD) and NIMHANS Bengaluru launched the ‘Stree Manoraksha Project’ on Wednesday with the goal of improving women’s mental health in India.
The project would concentrate on increasing the ability of OSC (One-Stop Center) off1icials in terms of tools and procedures for dealing with women who come to One-Stop Centers, particularly those who have experienced violence and distress, with compassion and care.
One-Stop Center performed admirably during the COVID time. There are already over 700 One-Stop Centers operating across the country.
People who work in these one-stop shops will be taught how to appropriately operate the Self Defense Shaheed Women Helpline and counsel them.
The advanced training programme will be delivered in all of the regional languages that they want to be able to comprehend. NIMHANS has also built a website dedicated to this, which contains a wealth of information on training.

States News

2. Rajasthan govt announces ‘Camel Protection and Development Policy’

Rajasthan, the state government has announced a ‘Camel Protection and Development Policy’ in its budget 2022-23. According to the government figures, less than two lakh camels are left in Rajasthan and in the entire country, the number of camels has reduced by 1.5 lakh since 2012.
There were about 2.5 lakh camels left when counted last in 2019. Camel is the state animal of Rajasthan and their number is continuously decreasing.
The Rajasthan government had declared the camel as the state animal in 2014. About 85 per cent of the country’s camels are found in Rajasthan followed by Gujarat, Haryana, Uttar Pradesh, and Madhya Pradesh.
World Camel Day is observed every year on 22 June to recognize the importance of camels to the livelihood of a large population.

Important takeaways for all competitive exams:

Chief Minister of Rajasthan: Ashok Gehlot; Governor: Kalraj Mishra.

Agreements News

3. DST tieup with Intel India to boost AI readiness

‘Building AI Readiness among Young Innovators’, a program by the Department of Science and Technology (DST), Government of India, in partnership with Intel India, was launched by Dr Jitendra Singh, Union Minister of State for Science and Technology (I/C).
The program aims to build digital readiness among the students from classes 6 to 10, enrolled under DST’s INSPIRE-Awards MANAK scheme.
The flagship program of DST reaches out to students pan India with an aim to create a culture of creativity and innovative thinking. Intel said its commitment to promoting AI readiness in the country is in synergy with the government’s vision of leveraging AI to make India a leader in the field while utilizing the technology to address its socio-economic challenges.
The program will bring both these together and seek to build an AI-ready generation by empowering the students with the knowledge and skills to leverage AI in an inclusive way.

4. HPCL signed MoU with Solar Energy Corporation of India

A Memorandum of Understanding (MoU) was signed on February 24, 2022 in New Delhi between Hindustan Petroleum Corporation Limited (HPCL) and Solar Energy Corporation of India Limited (SECI) to accomplish green energy targets and the Government of India’s efforts towards a carbon-neutral economy.
The Memorandum of Understanding envisions cooperation and collaboration in the fields of renewable energy, electric mobility, and alternative fuels, as well as the development of ESG Projects.
HPCL plans to diversify further in the RE and Electric Mobility sectors, as well as pursue the development of ESG projects, in order to meet the Government of India’s target to increase the RE capacity and accelerate the adoption of electric mobility in India.

Banking News

5. Union Bank of India and Ambit Finvest tie-up

Ambit Finvest has announced the signing of a co-lending agreement with Union Bank of India (UBI) for financing to Micro, Small and Medium Enterprise (MSME) customers. Ambit Finvest is the Ambit Group’s non-deposit-taking Non-Banking Financial Company (NBFC).
This collaboration will enable underwriting for businesses in 11 states now served by Ambit Finvest. Ambit Finvest and Union Bank of India hope to speed up credit disbursement across multiple geographies with this partnership, according to Sanjay Dhoka, COO and CFO of Ambit Finvest.
MSMEs that face higher interest rates or are unable to access banking services would benefit from lower rates of interest, which will translate into cheaper cost of funds, allowing them to deploy capital more effectively in their businesses, according to the company’s statement.
Lal Singh, Union Bank’s CGM, said that the collaboration with Ambit Finvest Pvt Ltd. is part of UBI’s aim to create synergy between the two organisations, allowing us to better serve the most deserving and underserved enterprises.
Lal Singh also added that the effort is part of Union Bank’s commitment to support MSMEs by offering tailored financial solutions and speeding MSMEs’ growth in order to contribute to the country’s economic development
Ambit Finvest will be able to further grow its reach in the MSME category as a result of its co-lending agreement with a large organisation like Union Bank of India, according to Dhoka.

6. RBI cancelled licence of Sarjeraodada Naik Shirala Sahakari Bank

Reserve Bank of India has cancelled the license of Sarjeraodada Naik Shirala Sahakari Bank, Sangli, Maharashtra, as it did not have adequate capital and earning prospects.
With the cancellation of the licence, Sarjeraodada Naik Shirala Sahakari Bank Ltd has ceased to carry on banking business with effect from the close of business hours on 2 March. The bank is not complying with various sections of the Banking Regulation Act, 1949.
On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Important takeaways for all competitive exams:

DICGC Chairperson: Michael Patra;
DICGC Founded: 15 July 1978;
DICGC Headquarters: Mumbai.

Business News

7. Tata Motors launches ‘Anubhav’- showroom on wheels

Tata Motors has launched a mobile showroom (showroom on wheels) named ‘Anubhav,’ to target rural customers by increasing their reach in rural areas and providing them with a doorstep car buying experience. Tata Motors will deploy a total of 103 mobile showrooms across the country, to enhance the Tata Motors brand awareness in rural India.
These mobile showrooms will be operated by dealerships under Tata Motors’ supervision and guidance. All the dealerships will define monthly routes for these vans on which they will ply and cover the targeted village or tehsil.
A total of 103 mobile showrooms are being deployed across the country to enhance the Tata Motors brand awareness in rural India.
These mobile showrooms will help existing dealerships offer a doorstep sales experience to customers and assist them with information about Tata Motors’ products.
These products include a new forever range of cars and SUVs, accessories, avail finance schemes, book a test drive and evaluate existing cars for exchange.

Important takeaways for all competitive exams:

Tata Motors Headquarters: Mumbai;
Tata Motors Founder: J. R. D. Tata;
Tata Motors Founded: 1945, Mumbai.

Defence News

8. 19th Military Cooperation meet of India & US held in Agra

The 19th edition of the India-US Military Cooperation Group (MCG) meeting was conducted in Agra, Uttar Pradesh. The discussion was co-chaired by Air Marshal BR Krishna, Chief of Integrated Defence Staff to the Chairman Chiefs of Staff Committee (CISC), and Lieutenant General Stephen D Sklenka, Deputy Commander, US Indo-Pacific Command, represented the US side.
According to the Defence Ministry, the India-US military cooperation group was established to advance defence collaboration between the two nations through regular meetings at the strategic and operational levels between the Headquarters of the Integrated Defence Staff and the US Indo-Pacific Command.
The India-US MCG is a forum set up to advance defence cooperation between the two nations by frequent strategic and operational consultations involving Headquarters, the Integrated Defence Staff, and the US Indo-Pacific Command.
The discussions centred on improving the two countries’ ongoing defence engagements and considering new initiatives within the framework of the existing cooperation mechanism.

Ranks and Reports News

9. SDG Index 2021: India ranks 120th position

India has been ranked at 120th position in the Sustainable Development Report 2021 or Sustainable Development Index 2021. In this Index, countries are ranked by a score out of 100. India has a score of 60.07.
Last year India’s rank was 117. The Index measures the country’s total progress towards achieving the 17 Sustainable Development Goals. The Index has been topped by Finland.
The top 5 countries in this ranking are: 1- Finland; 2- Sweden; 3- Denmark; 4- Germany; 5- Belgium
These 17 Sustainable Development Goals were adopted by the UN General Assembly in September 2015 as a part of the 2030 Agenda for Sustainable Development.

Science and Technology News

10. Biodegradable nanoparticle developed by IIT Kanpur

Researchers at the Indian Institute of Technology (IIT) Kanpur have created a biodegradable nanoparticle that can be used as an alternative to chemical-based insecticides to protect crops from bacterial and fungal illnesses. Nanoparticles would reduce the risk of crop infection while also increasing agricultural productivity.
The nanoparticle, dubbed Biodegradable Carbonoid Metabolite (BioDCM), can be active at low concentrations and be as effective as pesticides while having no detrimental effects on soil or consumer health. It operates quickly because it is administered in bioactive form and can resist high temperatures.
The nanoparticle was produced in collaboration with C. Kannan and D. Mishra of ICAR-Indian Institute of Rice Research, and also with R Balamurugan and M. Mandal of the Hyderabad University’s School of Chemistry.
Given the nanoparticle developed by IIT Kanpur’s biodegradable and non-harmful nature, it is likely to attract a lot of interest from farmers looking to reduce their use of chemicals in farming, particularly pesticides.

Sports News

11. ISSF World Cup: Shri Nivetha, Esha, Ruchita win gold in women’s 10m air pistol

India’s Shri Nivetha, Esha Singh, and Ruchita Vinerkar have won the gold medal in the women’s 10m air pistol team event of the ISSF World Cup in Cairo, Egypt. With this win, India is leading the medal table with three medals, including two gold and silver.
Andrea Katharina Heckner, Sandra Reitz and Carina Wimmer of Germany settled for the silver medal. Germany and Italy are joint seconds on the table with one gold, two silver and one bronze medal each. A total of 17 countries have won medals so far.

Summits and Conferences News

12. IIT Madras and NIOT conduct OCEANS 2022 for the first time

Indian Institute of Technology (IIT) Madras and National Institute of Ocean Technology (NIOT), Chennai, are jointly conducted OCEANS 2022 Conference and Exposition, the bi-annual event for global marine researchers, technologists and engineers, students, and policymakers.
It is being in India for the first time and coordinated by the Department of Ocean Engineering, IIT Madras, on behalf of the Institution of Electrical and Electronics Engineering Ocean Engineering Society (IEEE OES) and Marine Technology Society (MTS). The conference is being held in a hybrid model.
‘Inspire-Innovate-Sustain’ is the main theme of the conference. The delegates will be sharing their experiences on topics related to climate change, global warming, vagaries of weather, combating coastal erosion, marine pollution and microplastics through nearly 400 presentations.

Important Days

13. National Security Day observed on 04th of March

In India, March 4 is celebrated as National Security Day (Rashtriya Suraksha Diwas) every year, in the honor of the Indian Security Forces.
The day aims to show gratitude to all the security forces, including policemen, para-military forces, commandos, guards, army officers, and other persons involved in security, who sacrifice their life in maintaining the peace and security of the people of the country.
Apart from this, National Security Week 2022 is being celebrated from March 4 to March 10, 2022.
4 March also marks the day when the National Security Council (NSC) of India was established, in 1966 by the Ministry of Labour under the Government of India. The first National Security Day (NSD) was held in 1972.

Important takeaways for all competitive exams:

National Security Council of India Founded: 19 November 1998;
National Security Council of India head: Ajit Kumar Doval.

14. National Safety Day 2022 Observed on 04th March

The National Safety Day (NSD) is celebrated every year on the 4th of March to commemorate the foundation of the National Safety Council (NSC) of India.
The day aims to raise public awareness of all safety principles, including road safety, workplace safety, human health safety, and environmental safety.
The year 2022 marks 51st NSD. Every year, this day is celebrated with a different theme. This year, the National Safety Council of India announced the theme to be ‘Nurture young minds – Develop safety culture’.
The first National Safety Day was observed in 1972. The National Safety Council was set up on 4th March 1966 by the Ministry of Labour and Employment, to develop and implement a voluntary routine in the areas of safety, health, and the environment.

Obituaries News

15. Noted film critic, writer Jaiprakash Chouksey passes away

Film critic, writer Jaiprakash Chouksey has passed away due to cardiac arrest at the age of 82 years.
He has penned scripts and dialogues for several films including ‘Shayad’ (1979), ‘Qatl’ (1986) and ‘Bodyguard’ (2011), and was also involved in writing for television serials. Madhya Pradesh Chief Minister Shivraj Singh Chouhan, state Congress chief Kamal Nath and several other leaders condoled Chouksey’s death.

Miscellaneous News

16. Herath Festival celebrated in Jammu and Kashmir

Herath or the ‘Night of Hara (Shiva)’, generally known as Maha Shivratri, is the main festival celebrated by the Kashmiri Pandits across Jammu and Kashmir (J&K). The festival marks the marriage anniversary of Lord Shiva and Goddess Uma (Parvathi).
2022 Herath Festival was celebrated on 28th February 2022. Herath Festival is celebrated on “Trayodashi” or the 13th day of the dark half of the month of Phalguna (Hindu calendar), between February and March.
The Kashmiri Pandits celebrate the festival by distributing walnuts as a mark of respect to the Hindu deities. The rest of the nation celebrates the Maha Shivratri on Chaturdashi or the 14th of Phalguna.

17. Ujjain creates Guinness Record by Lighting 11.71 Lakh Diyas

Ujjain in Madhya Pradesh has created a Guinness record by lighting 11.71 lakh clay lamps (diyas) in 10 minutes. The diyas were lighted as part of the ‘Shiv Jyoti Arpanam Mahotsava’ on the occasion of Mahashivratri.
With this they broke the earlier record of lighting 9.41 lakh diyas created in Ayodhya, Uttar Pradesh on 03 November 2021. Ujjain is also known as the ‘Land of Mahakal’. The certificate was received by Madhya Pradesh chief minister Shivraj Singh Chouhan.
It was a zero-waste programme. The clay from the lamps will be used to prepare idols, while the oil left in the lamps will be offered to gaushalas. The plastic used for the I-cards will be used to make chairs and other items for public gardens.

Important takeaways for all competitive exams:

Madhya Pradesh Capital: Bhopal;
Madhya Pradesh Governor: Mangubhai C. Patel;
Madhya Pradesh Chief Minister: Shivraj Singh Chouhan.

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04th March | Current Affairs 2022 | Current Affairs Today | Current Affairs

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