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3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 3rd March 2021 covering the following news headlines: Sansad TV, UAE ambassador, Gharoki Pechan, Chelik Naam, Central Bank Of India, Central Reserve Police Force.

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 held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 3rd March 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Lok Sabha TV and Rajya Sabha TV merged into Sansad TV

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • The Rajya Sabha and Lok Sabha Television channels that broadcast the proceedings of the upper and lower Houses of Parliament, respectively, have been merged into a single entity.
  • The new channel has been named the ‘Sansad Television’. This change is effective from March 01, 2021.
  • Ravi Capoor, a retired IAS officer of the 1986 batch, has been appointed as the Chief Executive Officer (CEO) of Sansad TV for one year.
  • The decision to change the name was jointly taken by Rajya Sabha Chairman M. Venkaiah Naidu and Lok Sabha Speaker Om Birla.

International News

2. Israel officially receives first-ever UAE ambassador

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • Israel’s president has formally received the first-ever ambassador from the United Arab Emirates, following last year’s historic agreement between the countries to normalise ties. UAE envoy Mohamed Al Khaja, who arrived in Israel, delivered his credentials to Israeli President Reuven Rivlin at a ceremony in Jerusalem.
  • The UAE was the first country to agree to establish full diplomatic relations with the Jewish state under the Abraham Accords, a pact brokered by former US President Donald Trump.
  • The agreement made the UAE only the third majority Arab country to form official ties with Israel, following Egypt in 1979 and Jordan in 1994. Bahrain, Morocco and Sudan have subsequently joined the Abraham Accords.
  • The agreements broke with the longstanding Arab consensus that there should be no normalisation with Israel until it reaches a comprehensive peace deal with the Palestinians.

Important takeaways for all competitive exams:

  • Israel Prime minister: Benjamin Netanyahu.
  • Israel Capital: Jerusalem.
  • Israel Currency: Israeli Shekel.

State News

3. Uttarakhand CM launches ”Gharoki Pechan, Chelik Naam” scheme

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • Uttarakhand Chief Minister Trivendra Singh Rawat has launched “Gharoki Paachan, Chelik Naam” (daughter”s name is a home”s identity) programme and development schemes worth Rs 42 crore in Nainital.
  • Initially, the scheme has been launched in Nainital and later is set to be extended to the entire Uttarakhand.
  • The government is working towards women empowerment and 32,000 women groups of the state are being linked with self-employment to make them self-reliant. The state government is also set to implement many public welfare schemes for the benefit of the youth.

Important takeaways for all competitive exams:

  • Uttarakhand Chief Minister: Trivendra Singh Rawat.
  • Governor of Uttarakhand: Baby Rani Maurya.

Appointments News

4. Matam Venkata Rao assumes Charge as MD & CEO of Central Bank Of India

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • Matam Venkata Rao has taken charge as the new Managing Director and Chief Executive Officer of Central Bank Of India. Rao till now held the position of Executive Director at Canara Bank. His appointment is for a period of 3 years with effect from the date of assumption of office on or after March 1, 2021, or until further orders, whichever is earlier.
  • Rao is a Certified Associate of the Indian Institute of Bankers. He is a post-graduate in agriculture from Sri Venkateshwara Agriculture College, Tirupati, Andhra Pradesh.

Important takeaways for all competitive exams: 

  • Central Bank of India Headquarters: Mumbai.
  • Central Bank of India Founded: 21 December 1911.

5. Kuldiep Singh takes additional charge as CRPF DG

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • IPS officer Kuldiep Singh has given an additional charge of CRPF director general (DG) after incumbent chief A P Maheshwari retires.
  • Kuldiep Singh is working as the special DG of its central zone, will hold the additional charge of the CRPF head till “the appointment and joining of the successor or until further orders.
  • The Central Reserve Police Force (CRPF) is the country’s largest paramilitary with an estimated strength of about 3.25 lakh personnel. It is designated as the lead internal security force with its main operational theatres being Left Wing Extremism affected states, counter-terrorist combat in the Kashmir valley and counter-insurgency operations in the northeast.

Important takeaways for all competitive exams: 

  • Central Reserve Police Force Headquarters: New Delhi, India.
  • Central Reserve Police Force Formed: 27 July 1939.
  • Central Reserve Police Force Motto: Service and Loyalty.

Defence News

6. Indian Air Force to Participate in EX Desert FLAG VI

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

  • The Indian Air Force (IAF) is participating in Exercise Desert Flag-VI, which has been organised from March 03 to 27, 2021 at Al-Dhafra airbase, UAE.
  • The purpose of the exercise is to provide operational exposure to the participating forces, train them to undertake simulated air combat operations in a controlled environment, provides an opportunity to enhance their operational capabilities along with the mutual exchange of best practices.
  • Ex Desert Flag is an annual multi-national large force employment warfare exercise hosted by the United Arab Emirates Air Force.
  • The exercise will also see the air forces of the United Arab Emirates, United States of America, France, Saudi Arabia, South Korea and Bahrain.
  • The IAF is participating with six Su-30 MKI, two C-17 and one IL-78 tanker aircraft.

Important takeaways for all competitive exams:

  • Chiefs of Air Staff: Rakesh Kumar Singh Bhadauria.

Economy News

7. GST collections up by 7 % to Rs 1.13 lakh cr in February

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • The gross Goods and Services Tax (GST) revenue collected in the month of February 2021 is ₹ 1,13,143 crore of which CGST is ₹ 21,092 crore, SGST is ₹ 27,273 crore, IGST is ₹ 55,253 crore (including ₹ 24,382 crores collected on import of goods) and Cess is ₹ 9,525 crore (including ₹ 660 crores collected on import of goods).
  • Revenues for February are 7% higher than the GST revenues of February 2019. Revenues from the import of goods were 15% higher than Feb ’19.

List of GST Collection previous months

  • January 2021: ₹ 1,19,847 crore (All-time Highest).
  • December- Rs 1,15,174 crore (All-time Highest).
  • November: ₹1.04 lakh crore.
  • October 2020: ₹ 1,05,155crore.

Sports News

8. Mumbai City FC win ISL League Football Winners Shield

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • Mumbai City FC has scripted a 2-0 triumph over ATK Mohun Bagan (ATKMB) at the GMC Stadium in Goa to bag the ISL League Winners Shield and the coveted AFC Champions League spot that comes with it.
  • Mumbai and ATKMB finished level on 40 points, but the former claimed first place with a better head-to-head record. Mumbai City FC became the second-ever Indian club to qualify to the group stages of the AFC Champions League.

9. Indian shuttlers Varun, Malvika win Uganda International titles

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • India’s Varun Kapur and Malvika Bansod clinched the men’s and women’s singles titles respectively at the 2021 Uganda International Badminton tournament in Kampala.
  • Varun beat compatriot Sankar Muthusamy 21-18, 16-21, 21-17 in the men’s singles final. Malvika beat compatriot Anupama Upadhyaya in the women singles summit clash 17-21, 25-23, 21-10.

Important takeaways for all competitive exams:

  • Uganda Capital: Kampala.
  • Uganda Currency: Ugandan shilling.
  • Uganda President: Yoweri Museveni.

Important Days

10. World Wildlife Day observed globally on 3rd March

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • World Wildlife Day is observed globally on the 3rd of March every year to celebrate the beautiful and varied forms of wild fauna and flora present on earth. World Wildlife Day also raise awareness about the benefits that the conservation of wild fauna and flora provides to people living on earth.
  • The day also reminds us of the need to fight against wildlife crime and human-induced reduction of species causing various wide-ranging economic, environmental and social impacts.
  • World Wildlife Day will be celebrated in 2021 under the theme “Forests and Livelihoods: Sustaining People and Planet”, as a way to highlight the central role of forests, forest species and ecosystems services in sustaining the livelihoods of hundreds of millions of people globally, and particularly of Indigenous and local communities with historic ties to forested and forest-adjacent areas.

Important takeaways for all competitive exams:

  • World Wildlife Fund Headquarters: Gland, Switzerland.
  • World Wildlife FundFounded: 29 April 1961, Morges, Switzerland.
  • President and CEO of World Wildlife Fund: Carter Roberts.
11. World Hearing Day: 3 March

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • World Hearing Day is held on 3 March each year by the World Health Organisation (WHO) to raise awareness on how to prevent deafness and hearing loss and promote ear and hearing care across the world.
  • The theme of World Hearing Day 2021 is Hearing care for ALL!: Screen, Rehabilitate, Communicate. World Hearing Day 2021 will mark the launch of the first-ever World Report on Hearing.

Important takeaways for all competitive exams:

  • Headquarters of WHO: Geneva, Switzerland.
  • Director-general of WHO: Tedros Adhanom.

Obituaries News

12. Lok Sabha MP Nandkumar Singh Chauhan passes away

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • Nand Kumar Singh Chauhan, the Bharatiya Janata Party (BJP) MP from Khandwa in Madhya Pradesh, has passed away.
  • He was a six-term MP, who was elected as the Lok Sabha MP for the first time in 1996 and got re-elected in 1998, 1999, 2004, 2014 and 2019.

Miscellaneous News

13. Thaawarchand Gehlot launches “Sugamya Bharat App”

3rd March 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_15.1

  • Union Minister for Social Justice and Empowerment, Thaawarchand Gehlot has launched the “Sugamya Bharat App”, through a video conference in New Delhi. The minister also launched a handbook entitled “Access – The Photo Digest”.
  • The App and the handbook have been developed by the Department of Empowerment of Persons with Disabilities (DEPwD) under the Ministry of Social Justice and Empowerment.
  • It is a Crowdsourcing Mobile Application to enable people with disabilities and even the elderly to register accessibility-related problems
  • The aim of the app is to sensitising and enhancing accessibility in the 3 pillars of the Accessible India Campaign which includes the built environment, transportation sector and ICT ecosystem in India.
  • This handbook is a collection of photographs from across different States and UTs, to act as a tool and guide for stakeholders, to sensitise them about 10 basic features of accessibility and related good-bad practices in easy to understand pictorial form.

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About the Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.