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Current Affairs viable of 28 March 2023

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Daily GK Current Affairs News is viable on 28 March 2023. – Here are the Regular current affairs viable of 28 March 2023 covering the following news headlines: ‘Ironman’ Krishna Prakash, Gateway of India, Elephanta Caves, SJVN, Japan Bank for International Cooperation, IDFC First Bank, Humza Yousaf, Scottish National party.

Daily Current Affairs updates are incorporated with the critical news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of important information held all day. One should have complete knowledge of banking terms, current affairs news, etc.

So, here is the GK update of 28 March 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt the current affairs quiz.

Here current affairs have been categorized which is as follows

  • International News
  • National News
  • Banking News
  • Miscellaneous News
  • Obituaries News

International News

  1. Former Brazilian President Dilma Rousseff has been appointed as the new President of the BRICS New Development Bank
  • The New Development Bank (NDB), also known as the BRICS Bank, a multilateral financial institution formed by Brazil, Russia, India, China, and South Africa, has announced that former Brazilian President Dilma Vana Rousseff has been appointed as its new president. As the election has been announced.
  • She’s replacing Marcus Troyjo. Dilma Rousseff is an economist who served as President of the Federative Republic of Brazil for two terms from January 2011 to August 2016. Dilma Vana Rousseff is a Brazilian economist and politician who served as the 36th President of Brazil from 2011 to 2016.
  1. China spent $240 billion to help Belt and Road countries: Study
  • A recent study conducted by researchers from the World Bank, Harvard Kennedy School, EdData, and The Kiel Institute for the World Economy has revealed that China faces difficulties in repaying loans taken for the Belt and Road infrastructure project. Spent about $240 billion from 2008 to 2021 to help 22 developing countries.
  • A recently published study claimed that from 2008 to 2021, China provided nearly $240 billion in aid to 22 developing countries facing difficulties in repaying loans taken for Belt and Road Initiative projects.
  1. Hamza Yusuf elected leader of the Scottish National Party
  • Pakistani-origin politician Humza Yusuf has won the leadership election of the Scottish National Party (SNP) and is set to replace Nicola Sturgeon as the First Minister of Scotland. Humza Yusuf, the son of Asian immigrants, is set to become the first person of color to serve as Scotland’s First Minister.
  • She defeated Kate Forbes, the country’s finance minister, and Ash Reagan, who resigned from the government over a proposed change in gender recognition. Humza Yusuf won the Scottish National Party leadership election with 52% of the final vote and his campaign was about the attainment of an independent Scotland and the cost of living.

National News

  1. PM Modi inaugurates Whitefield (Kadugodi) for Krishnarajapura Metro Line
  • Prime Minister Narendra Modi inaugurated the Metro line from Whitefield (Kadugodi) to Krishnarajapuram and expressed his happiness in one of his tweets. He mentioned that this new metro line will boost the ‘ease of living’ for the people of Bengaluru, as it will improve transportation and connectivity in the area.
  • The Prime Minister launched the 13.71 km extension project of Reach-1 under Bangalore Metro Phase 2, which runs up to the Krishnarajapura Metro Line. The estimated cost of this project was around Rs 4250 crore.
  1. India’s highway infrastructure will match America’s by 2024
  • According to Nitin Gadkari, India’s Federal Minister for Road Transport and Highways, the country’s highway infrastructure plans to reach the level of the United States by 2024.
  • He informed that the government is working in ‘mission mode’ to achieve this target within a specific time frame, which includes the development of green expressways and rail over bridges. The objective of these initiatives is to match India’s highway infrastructure with US standards by the stipulated time.
  1. Amit Shah unveils statues of Lord Basaveshwara and Nadaprabhu Kempegowda in Bengaluru
  • The Union Minister for Home and Cooperation Shri Amit Shah, through the Rajya Sabha of Karnataka, unveiled the statues of Lord Basaveshwara and Nadaprabhu Kempegowda, two prominent historical figures of Karnataka. Lord Basaveshwara and Nadaprabhu Kempegowda are two prominent historical figures of the state of Karnataka.
  • These idols will continue to convey the message of thinking to those who are elected to the assembly. These have the message of social justice, democracy, good governance, and development. Lord Basaveshwara was a philosopher and social reformer who lived in the 12th century.
Banking News

  1. IDFC First Bank partners with Crunchfish to showcase offline retail payments
  • IDFC First Bank has announced a collaboration with Swedish company Crunchfish to launch a pilot project of offline retail payments. The bank will participate in a Reserve Bank of India (RBI) pilot project that aims to enable offline payments. The project aims to provide digital payment services to customers and merchants even without network connectivity.
  • The project will provide support for offline retail payments based on India’s payments ecosystem on a digital cash platform. IDFC FIRST Bank will be one of the first few banks to be a part of this pilot project by HDFC Bank.
  1. First Citizens Bank acquires Silicon Valley Bank
  • American bank Silicon Valley Bank finally got the buyout. Actually, First Citizens Bank has bought it. To get the bank out of the financial crisis, First Citizen Bank bought it from the Federal Deposit Insurance Corporation- FDIC (Federal Deposit Insurance Corporation).
  • The FDIC has agreed to the sale of the troubled Silicon Valley Bank to North Carolina-based First Citizens Bank & Trust Company. The FDIC said in the statement that on March 27, the 17 branches of the Silicon Valley Bridge Bank, National Association will open in the name of First Citizens.

Miscellaneous News

  1. Sasha, the female cheetah brought from Namibia to Kuno National Park, died, know the reason
  • A female cheetah ‘Sasha’, one of the eight cheetahs brought from Namibia six months ago in Madhya Pradesh’s Kuno National Park (KNP) died due to a kidney ailment. The death of a female cheetah, which is more than four and a half years old, is considered a major setback for ‘Project Cheetah’.
  • Under this project, there is a plan to rehabilitate cheetahs after seven decades of extinction in the country. In September last year, eight cheetahs were brought from Namibia and kept at KNP in the Sheopur district.
  1. Election Commission selects transgender folk artist Manjamma Jogathy as election icon for the community
  • The Election Commission of the Indian state of Karnataka has chosen Manjamma Jogatti as a voting symbol to encourage more transgender community members to register and vote. Along with Jogati, several other individuals, such as cricketer Rahul Dravid and Jnanpith awardee Chandrashekhar Kambar, have also been selected as voting ambassadors.
  • The number of registered transgender voters in Karnataka is set to grow exponentially from 4,552 in 2018 to 42,756 in 2023. However, the polling fee payment rate of registered transgender voters was only 9.8% in the 2018 assembly elections, even as it increased to 11.49% in the 2019 Lok Sabha elections.
  1. ‘Ironman’ Krishan Prakash becomes the first person to swim from Gateway of India to Elephanta Caves
  • As part of the ‘Drowning Prevention Awareness’ campaign, Indian Police Service (IPS) officer Krishna Prakash swam from the Gateway of India to Elephanta Caves in Mumbai. He completed the 16.20-kilometer expedition in just 5 hours and 26 minutes, making him the first person in history to do so. He is not far from breaking records in his sporting events.
  • In 2017, he completed the Ironman Triathlon, one of the toughest sporting events in the world. In this three-day event, participants have to swim 3.8 km, cycle 180.2 km, and run 42.2 km in 16-17 hours.

Obituaries News

  1. Renowned Malayalam actor Innocent passes away
  • Renowned Malayalam actor and former MP Innocent passed away at the age of 75 in a private hospital in Kochi. Innocent, 75, was admitted to the hospital on March 3.
  • Innocent served as the President of the Association of Malayalam Movie Artists (AMMA) for many years. The veteran actor started his film career as a producer. He later turned to act and easily won the hearts of all movie lovers with his comedy and Thrissur slang.

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