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Daily Current Affairs – 03 March 2022

This post contains the current affairs for 03 March 2022. These current affairs are important for banking exams, insurance exams and other competitive exams like IBPS PO and Clerk, SBI PO and Clerk, RBI Assistant and Grade B, etc. You can also attempt our Current Affairs Quiz after reading our daily current affairs.

Banking

Finance Minister launches e-Bill system to enable paperless submission and digital processing of bills

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the e-Bill system for Central Government Ministries. The e-Bill system was launched on the 46^th Civil Accounts Day i.e March 02, 2022.
Objective: The system will allow all vendors/suppliers of the central government to submit their bills/claims at anytime, from anywhere.
The e-Bill system has been developed by the Public Financial Management System (PFMS) Division of Ministry of Finance. The bills will be processed by First-In-First-Out (FIFO) method.
The system has been initially rolled out in the nine Pay and Accounting Units of nine Ministries/Departments and will be rolled out in other Ministries/Departments in a phased manner in 2022-23.

National

IAF to conduct Exercise Vayu Shakti at Pokharan range, Rajasthan

Indian Air Force (IAF) will conduct the Exercise Vayu Shakti that will take place at Pokharan range in Jaisalmer on March 7, 2022.
Prime Minister Narendra Modi will be the Chief Guest of this event. A total of 148 aircraft of the Indian Air Force (IAF) will participate in this exercise. Rafale aircraft will participate for the first time in this exercise.
Exercise Vayu Shakti is organised by Indian Air Force once in every three years. The last Vayu Shakti Exercise took place in 2019.

International

NASA launches next-generation GOES-T satellite to track hazardous weather in western United States

The US space agency, NASA, successfully launched the third in a series of four next-generation weather satellites, Geostationary Operational Environmental Satellite (GOES), from Cape Canaveral Space Force Station, Florida on March 01, 2022.
The satellite is named as GOES-T. Once the satellite gets positioned in its geostationary orbit it will be renamed from GOES-T to GOES-18.
GOES-T will be used by the National Oceanic and Atmospheric Administration (NOAA) to forecast weather and hazardous environmental conditions in the Western Hemisphere.

Business

Google and MeitY to train 100 Indian startups under Appscale Academy programme for making global apps & games

The MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), and Google have announced a cohort of 100 early to mid-stage Indian startups as a part of Appscale Academy programme.
Appscale Academy is a new growth and development programme for startups launched by MeitY and Google to help and train early- to mid-stage startups across India on building high-quality apps and games for a global audience.
These 100 startups were chosen from over 400 applications following an in-depth selection process.
Under the six-month Appscale Academy programme, the 100 startups will be trained through a customised curriculum which includes virtual instructor-led webinars, self-learning material, and mentorship sessions with local and global industry professionals.

Ranking

India ranks 3rd, US tops in billionaire population globally: Knight Frank

India is ranked 3rd in terms of most number of billionaires’ population globally in 2021, as per the Knight Frank’s latest edition of The Wealth Report 2022.
The list has been topped by the United States (748) and China (554) respectively.
The number of ultra-high-net-worth-individuals (UHNWIs) in India increased by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in Asia Pacific (APAC) region.
UHNWIs are individuals with net assets of US$ 30m or more (Rs 226 crore)

Appointment

Akshaye Widhani named as CEO of Yash Raj Films

Akshaye Widhani has been appointed as the Chief Executive Officer (CEO) of Yash Raj Films.
Yash Raj Films is one of India’s biggest film production houses. Aditya Chopra is the Chairman and MD of Yash Raj Films.
Yash Raj Films was founded by Yash Raj Chopra, in the year 1970.

Awards

IISER’s Physicist Professor Deepak Dhar becomes first Indian to be awarded Boltzmann Medal

Prof. Deepak Dhar, the Emeritus Professor at the Indian Institute of Science Education and Research, Pune (IISER Pune) has been awarded the prestigious Boltzmann Medal for the year 2022.
Prof Dhar is the first Indian to be awarded the Boltzmann Medal, for his contribution in the field of ‘Statistical Physics’.
He is one of the two physicists selected for the award. He shares the medal with Prof. John J Hopfield of Princeton University, New Jersey.
The Boltzmann Medal is presented by the Commission on Statistical Physics of the International Union of Pure and Applied Physics (IUPAP), once in 3 years, for contributions in the field of statistical physics..

Sports

Saurabh Chaudhary wins 10m air pistol gold at ISSF World Cup in Cairo

Indian shooting ace Saurabh Chaudhary has won the gold medal in Men’s 10m Air Pistol event at the ongoing 2022 International Shooting Sport Federation (ISSF) World Cup in Cairo, Egypt on March 01. 2022.
The silver medal has been won by Germany’s Michael Schwald while Artem Chernousov of Russia claimed the bronze medal.
In the women’s 10m air pistol section, India’s Esha Singh lost to Anna Korakaki of Greece to win the silver medal.

Nikhat Zareen & Nitu wins gold for India at 73rd Strandja Memorial Boxing Tournament in Sofia

Indian boxers Nikhat Zareen (52kg) and Nitu (48kg) has won gold medals at the 73rd Strandja Memorial Boxing Tournament, held in Sofia, Bulgaria.
The Indian contingent ended their campaign at the tournament with three medals including two golds and one bronze.
The bronze medal was won by Nandini (+81kg)
The 17-member Indian team consisted of seven men and 10 women.

Days

46th Civil Accounts Day celebrated on March 02, 2022

The 46th Civil Accounts Day was celebrated on March 02, 2022, at Dr. Ambedkar International Centre, Janpath, New Delhi.
Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman was the Chief Guest at the event.
The Civil Accounts Day has been organised every year by the Indian Civil Accounts Service (ICAS), since its inception in 1976.
ICAS is one of the Civil Services of India. It comes under the Department of Expenditure, Union Ministry of Finance.

World Wildlife Day 2022: 03 March

The World Wildlife Day is observed every year on March 3 to raise awareness about the world’s wild fauna and flora.
Theme 2022: “Recovering key species for ecosystem restoration”.
The day was proposed by Thailand and recognised in 2013 by United Nations General Assembly (UNGA).
March 3 has been chosen as it is the day of signature of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) in 1973.

World Hearing Day 2022 : 3 March

The World Hearing Day is held on 3 March each year by World Health Organisation (WHO).
The day aims to raise awareness on how to prevent deafness and hearing loss and promote ear and hearing care across the world.
Theme of World Hearing Day 2022: “To hear for life, listen with care.”