Daily Current Affairs – 05 March 2023

This post contains the current affairs for 05 March 2023. 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.

National

Govt rolls out 4th tranche of Sovereign Gold Bond Scheme 2022-23; Rs 5,611/gram

• The subscription for the Sovereign Gold Bond Scheme 2022-23 – Series IV will be opened from March 06 – March 10, 2023
• Issue Price: Rs 5,611 per gram
• Issue Price for applying online: Rs 5,561 (discount of Rs 50)
• Interest Rate: 2.5%
• Tenor: 8 years with exit option after 5th year (to be exercised on the next interest payment dates).

World’s first 200-meter-long Bamboo Crash Barrier “Bahu Balli” installed in Maharashtra

• The world’s first-ever ‘bamboo crash barrier’ has been launched by India and has been installed on the Vani-Warora Highway, in Vidarbha, Maharashtra.
• The 200-meter-long bamboo crash barrier is on the highway that connects Chandrapur and Yavatmal districts in Maharashtra.
• This crash barrier is a perfect alternative to steel and addresses environmental concerns. The initiative is a part of the Aatmanirbhar Bharat mission.
• The Union Minister of Road Transport and Highways, Nitin Gadkari has termed this bamboo crash barrier as “Bahu Balli”.

Mauganj developed as the 53rd district of Madhya Pradesh

• Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced the formation of a new district in the state.
• Mauganj, a tehsil of Rewa district, has been declared as the 53rd district of Madhya Pradesh.
• This new district will be developed by joining four tehsils of Rewa district.
• The four tehsils are Mauganj, Hanumana, Nai Garhi, and Deotalab.

President Droupadi Murmu launches ‘Jal Shakti Abhiyan – Catch the Rain-2023’ campaign

• The President of India Droupadi Murmu launched the “Jal Shakti Abhiyan – Catch the Rain 2023” campaign in New Delhi on March 04, 2023.
• The theme of the campaign in 2023 is “source sustainability for drinking water.”
• The basic objective of this campaign is to turn conservation of water into a mass campaign in the run-up to the monsoon season.

MeitY sets up Advanced Electronic Materials Laboratory at C-MET, Thrissur

• The Ministry of Electronics and Information Technology (MeitY) has set up the Advanced Electronics Materials Laboratory at the Centre for Materials for Electronics Technology (C-MET), in Thrissur, Kerala.
• Advanced Materials are critical in the development of electronic components and devices, which are important to meet the requirements of the society
• The laboratory was inaugurated by the Secretary, Ministry of Electronics and Information Technology (MeitY), Shri Alkesh Kumar Sharma IAS on March 03, 2023.

International

SpaceX launches Crew-6 mission to ISS with 4 astronauts

• SpaceX successfully launched the four astronauts of the Crew-6 mission to the International Space Station (ISS) on March 03, 2023.
• These astronauts were Stephen Bowen and Woody Hoburg from NASA, Sultan Alneyadi from UAE (United Arab Emirates), and Roscosmos cosmonaut Andrey Fedyaev.
• They were launched to the ISS on the SpaceX Dragon spacecraft, named Endeavour, from NASA’s Kennedy Space Center in Florida.

Agreement

India-Australia sign a Framework Mechanism for Mutual Recognition of Qualifications

• India and Australia have signed a Framework Mechanism for Mutual Recognition of Qualifications on March 02, 2023 in New Delhi.
• This framework will help to ease the mobility of students and professionals between the two countries. 
• The agreement was signed following a bilateral meeting between Education Minister of India, Shri Dharmendra Pradhan and the Australian Education Minister Mr. Jason Clare.

Business

Microsoft launches AI Model ‘Kosmos-1’ that understands image content, solves visual puzzles

• Researchers from Microsoft have unveiled “Kosmos-1”, a multimodal large language model (MLLM), having state of the art features like responding to language prompts, image captioning, visual question answering, and more.
• Kosmos-1 model can analyze images for content, solve visual puzzles, perform visual text recognition, pass visual IQ tests, and understand natural language instructions.
• It integrates different modes of input such as text, audio, images, and video.
• This is a key step to building artificial general intelligence (AGI) that can perform general tasks at the level of a human.

Sports

South African Craig Fulton appointed as new coach of Indian men’s Hockey team

• Hockey India has chosen South Africa’s Craig Fulton as the new chief coach of the Indian men’s hockey team.
• Fulton succeeds Australia’s Graham Reid as chief coach.
• Fulton has played 195 international matches over 10 years for South Africa. and as a coach, he has won the FIH Coach of the Year in 2015.

Anupama Upadhyaya and Mithun Manjunath wins national badminton singles title

• Anupama Upadhyaya and Mithun Manjunath have won the singles titles in their respective categories in the 84th senior national badminton championship, held at the Balewadi stadium in Pune.
• Winners List
  • Women’s Single – Anupama beat Aakarshi Kashyap 20-22, 21-17, 24-22.
  • Men’s Single – Mithun Manjunath beat Priyanshu Rajawat, 21-16, 21-11.
  • Women’s doubles – Gayatri Gopichand/Treesa Jolly beat Kavya GGupta/Deepshikha Singh 21-10, 21-9
  • Men’s doubles – S Kushal Raj/S Prakash Raj beat Akshan Shetty/Deep Rambiya 8-21, 21-19, 21-8
  • Mixed doubles – T Hemanagendra Babu/Kanika Kanwal beat Siddarth Elango/Khushi Gupta 21-17, 21-16.

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