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General Awareness

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Daily G.K. - Top Stories

03 Mar 2025

DAILY G.K. TEST

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BUSINESS AND ECONOMY

RBI Imposes Penalty on Hongkong and Shanghai Banking Corporation

  • The RBI imposed a penalty of Rs. 66.6 lakh on The Hongkong and Shanghai Banking Corporation Limited for non-compliance with certain directions including those related to 'Know Your Customer' and 'Interest Rates on Deposits'. A penalty of Rs. 33.1 lakh was also imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016' and Know Your Customer (KYC) Directions.

PwC India Launches Programme to Mentor 15 start-ups in Blockchain, AI

  • PwC India announced the launch of its first-ever start-up accelerator programme 'Emerging Tech Start-up Challenge' geared to empower start-ups in the emerging technology space to refine their solutions and bolster market penetration.
  • The accelerator programme is aimed at driving innovation and supporting India's vibrant start-up ecosystem by providing mentorship, consulting expertise, and strategic guidance.
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SCIENCE & TECHNOLOGY

Microsoft to Discontinue Skype in May 2025

  • Microsoft has announced that its video conferencing platform, Skype, will no longer be available after May 2025. The company stated that it is "retiring" Skype and will enable users to transition seamlessly to the free version of Microsoft Teams. Additionally, users who prefer not to migrate to Teams will have the option to export their Skype data.
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SPORTS

Krishna Jayasankar Sets Indian Indoor Record with a Bronze at Albuquerque

  • Krishna Jayasankar currently studying in Texas, United States, sent happy tidings from the Mountain West Indoor Track and Field Championship held in Albuquerque, as she became the new record-holder in indoor shot put among the Indian women.
  • Krishna tossed the iron sphere to a new distance of 16.03 metres that bettered the previous Indian indoor best of 15.54 m by Maharashtra's Poornarao Rane, another US residing student athlete.

Vidarbha Wins Third Ranji Trophy Crown

  • A magnificent run in domestic cricket this season culminated in a third Ranji Trophy title for Vidarbha, who emerged champions on the basis of their first-innings lead in the summit clash.
  • The fate of the contest was all but sealed on the third evening when Vidarbha edged ahead with a slender lead of 37 runs in the first innings, having dismissed a doughty Kerala for 342 after putting on 379 runs batting first.
  • It is for the third time that Vidarbha won the Ranji Trophy title, having done so earlier with their two consecutive wins in the 2017-18 and 2018-19 seasons.

Yuva All Stars Championship to Begin on March 6 in Haridwar

  • Yuva All Stars Championship 2025, a first of its kind tournament in the kabaddi ecosystem, will begin on March 6 at Vandna Kataria Indoor Stadium in Haridwar.
  • There will be four matches every day and the Championship will conclude on April 4 with a grand finale.
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NATIONAL AFFAIRS

Union Minister Piyush Goyal Welcomes Princess Astrid of Belgium in Delhi

  • Union Minister of Commerce and Industry Piyush Goyal received Princess Astrid of Belgium upon her arrival to India.
  • The sister of Belgium's King Philippe, Princess Astrid, is on a visit to India from March 2 to 8, meeting Prime Minister Narendra Modi and EAM Jaishankar and visiting various states, including Uttar Pradesh, Maharashtra, and Delhi, according to a statement from the External Affairs Ministry (MEA).
  • She is travelling with a delegation of 335 members and 180 companies. Belgium's Foreign Minister, Maxime Prevot, is part of the economic mission with the Princess.

Amit Shah Inaugurates Workshop on Sustainability and Circularity in Dairy Sector

  • Union Home Minister and Minister of Cooperation Amit Shah inaugurated the 'Workshop on Sustainability and Circularity in Dairy Sector' at Bharat Mandapam, New Delhi. The Workshop focused on policies and initiatives of Ministry of Cooperation and the Ministry of Fisheries, Animal Husbandry and Dairying aimed at promoting sustainable dairy farming while ensuring economic growth with environmental responsibility.
  • The workshop witnessed signing of Memorandums of Understanding (MoUs) for the establishment of biogas plants across multiple states, release of comprehensive guidelines aimed at promoting environmentally responsible practices in dairy farming and new financing initiatives under NDDB's and NABARD's Large Scale Biogas/CBG projects and the Sustain Plus Project.
  • The workshop is being organised by the Department of Animal Husbandry & Dairying (DAHD), Government of India in coordination with National Dairy Development Board (NDDB).

Indian Institute of Corporate Affairs (IICA) Hosts National Association of Impact Leaders (NAIL) Meet

  • The Indian Institute of Corporate Affairs (IICA), under the aegis of the Ministry of Corporate Affairs, Government of India, hosted the inaugural National Association of Impact Leaders (NAIL) Meet 2025 in Goa. This landmark event, attended by over 100 participants, served as a confluence of eminent ESG professionals, policymakers, and thought leaders, all brought together to exchange insights, deliberate on emerging sustainability trends, and chart the course for a resilient and responsible corporate future. The event was held under the esteemed guidance of Ajay Bhushan Prasad Pandey, DG & CEO, IICA and Chairman, National Financial Reporting Authority (NFRA).
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PERSONS IN NEWS

Veteran Artist Himmat Shah Passes Away

  • Renowned artist Himmat Shah died at the age of 92.
  • Shah studied under artist-educator Jagubhai Shah at Gharshala in Gujarat. He went on to study at MS University, Baroda, but he didn't complete his diploma on account of the requirements of a Central ministry scholarship. He also received a French government scholarship in 1967 on the recommendation of poet-diplomat Octavio Paz.
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DAYS AND EVENTS

World Wildlife Day

  • Every year, World Wildlife Day is celebrated on March 3 to spread awareness about the importance of flora and fauna. This day encourages people to support conservation efforts, adopt sustainable practices and coexist peacefully with nature.
  • World Wildlife Day was established by the United Nations in 2013 after Thailand proposed to dedicate a day to raise awareness about wildlife conservation. On December 20, 2013, the UN General Assembly officially declared March 3 as World Wildlife Day with the first celebration taking place in 2014.
  • The theme of World Wildlife Day 2025 is 'Wildlife Conservation Finance: Investing in People and Planet.' It focuses on finding better ways to fund wildlife conservation while ensuring a sustainable future for both nature and communities.

World Hearing Day

  • World Hearing Day is celebrated every year on March 3 to raise awareness on how to prevent deafness and hearing loss and promote ear and health care across the world.
  • The World Health Organisation (WHO) first acknowledged World Hearing Day in 2007. Previously, it was known as International Ear Care Day. In 2016, the WHO officially renamed it World Hearing Day. Each year, a unique theme is selected, and educational materials are developed in multiple languages to spread awareness.
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AWARDS AND HONOURS

Oscars 2025

  • The 97th Academy Awards were held on March 3 at Los Angeles, Hollywood, California.
  • Adrien Brody and Mikey Madison took home the coveted honours of Best Actor and Best Actress, respectively. Sean Baker's Anora was also crowned Best Film of the night.
  • The 97th Academy Awards saw an unexpected moment when Conan O'Brien, the first-time host, surprised viewers by addressing Indian audiences in Hindi.
  • Following is a short list of winners: Best Film: Anora, Best Actor: Adrien Brody for The Brutalist, Best Actress: Mikey Madison for Anora, Best Supporting Actor: Kieran Culkin for A Real Pain, Best Supporting Actress: Zoe Saldana for Emilia Perez, Best Director: Sean Baker for Anora, Best Cinematography: Lol Crawley for The Brutalist and Best Original Screenplay: Sean Baker for Anora.
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GENDER/ HEALTH/ EDUCATION

Manoj Kumar Tiwari Reappointed as IIM Mumbai Director

  • The Indian Institute of Management Mumbai (IIM Mumbai) reappointed Professor Manoj Kumar Tiwari as its Director for a second term.
  • Professor Tiwari is an A B.E. graduate from VNIT, Nagpur. The professor has done his MTech from MNNIT Allahabad and obtained PhD from the University of Jadavpur, West Bengal.
  • Prof. Manoj Kumar Tiwari is an academician and researcher with over three decades of experience spanning industry, research, teaching, and consulting, both in India and internationally. Prior to assuming the role of Director at IIM Mumbai, he had an extensive tenure at IIT Kharagpur, where he served in various academic and administrative capacities, contributing to its growth and reputation.

HP Govt. to Provide Free Competitive Exams Coaching to Students

  • Chief Minister Sukhvinder Singh Sukhu launched the 'Mere Shahar Ke 100 Ratna' programme, an initiative aimed at providing free coaching for various competitive examinations to 6,800 students across Himachal Pradesh.
  • Under this programme, CRACK Academy will offer free coaching to 100 meritorious students from each Assembly constituency, with an estimated investment of Rs 34 crore. To ensure a fair selection process, tests will be conducted in schools and colleges of each constituency, where students from Class VI and above can participate.
  • The top 100 students from each constituency will receive free coaching, while the next 200 students will be given a 75 per cent concession and the following 500 students will receive a 50 per cent concession.
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BOOKS AND AUTHORS

Dr. Dinesh Shahra Unveils Hindi Edition of Sanatan Avatar at Art of Living Kanpur

  • Renowned philanthropist and author Dr. Dinesh Shahra launched the Hindi edition of his book, Sanatan Avatar, at the Art of Living Center in Kanpur, paying tribute to Gurudev Sri Sri Ravi Shankar's profound spiritual legacy. This milestone makes the book's deep insights more accessible to a wider Indian audience, reinforcing Dr. Shahra's mission to spread the wisdom of Sanatan Living.
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LAW AND CONSTITUTIONAL AFFAIRS

Senior Advocate Manan Kumar Mishra Re-elected As BCI Chairman for 7th Consecutive Term

  • Senior advocate Manan Kumar Mishra was re-elected as the Chairman of the Bar Council of India, making it his seventh-consecutive win.
  • Notably, Mishra is also BJP Member of Parliament–to the Rajya Sabha from Bihar.
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