Daily GK One Liners: March 29, 2025

🗞 Daily GK One Liners: March 29, 2025

Your quick summary of the day's important events across National, International, Business, Defence, Appointments, Awards, and Rankings.

India Becomes World’s 2nd Largest Tea Exporter in 2024: Surpassed Sri Lanka with 254 million kg tea exports worth ₹7,112 crore, second only to Kenya.
CDS Gen Anil Chauhan Inaugurates Techkriti 2025 at IIT Kanpur: Asia’s largest tech and startup fest focuses on AI, cybersecurity, and defence innovation under the theme "Panta Rhei".
‘Sahkar’ Taxi Platform Launched by Govt: Cooperative-based ride service empowers driver-owners, aligned with ‘Sahkar se Samriddhi’ vision.
Agriculture Ministry Launches Real-Time Digital Crop Survey: New DCS system enhances accuracy of crop data using mobile-based real-time field inputs.

ADB and Shriram Finance Ink $150 Million Loan Pact: Expands credit access for MSMEs and EV financing, especially for women-led and underserved region enterprises.

Axis Bank Launches 24/7 USD Clearing via Kinexys: India’s first bank to offer blockchain-enabled cross-border USD clearing in partnership with J.P. Morgan.
Bank of India Partners New India Assurance: Tie-up boosts general insurance distribution across 5,200+ branches.
Bank of Baroda Implements PM-Vidyalaxmi Education Loan Scheme: Makes higher education accessible through government-backed loans.

Yusuf Pachmariwala Appointed MD & CEO of Hitachi Cash Management: Replaces Anup Neogi at Hitachi Payment Services.
Jasprit Bumrah Named Brand Ambassador for L&T Finance: Will promote LTF’s rural and two-wheeler loan offerings.
Atul Kumar Tiwari Gets Additional Charge as NCVET Chairperson: Currently heading the Ministry of Skill Development & Entrepreneurship.

Punjab & Sind Bank Honoured in EASE 6.0 Reforms Index: Recognized as “Top Improver” for digital banking and customer service.

MoD Signs ₹2,500 Crore Deal for Missile Systems & Vehicles: Includes Nag Missile Systems from AVNL and nearly 5,000 light vehicles from Force Motors & Mahindra.

Roshni Nadar Among World’s Top 10 Richest Women: Chairperson of HCL Technologies ranks 5th on the Hurun Global Rich List 2025 with ₹3.5 lakh crore net worth.

For a detailed explanation of all the news highlights for March 29, 2025, check out our complete post here.

📚 Daily Current Affairs March 29, 2025 – Explore the full article and stay updated.

Salary Raised After 6 Years: MPs’ monthly salary increased from ₹1 lakh to ₹1.24 lakh, effective from April 1, 2023.
Daily Allowance & Pension Revised: Daily sitting allowance raised to ₹2,500; pensions now ₹31,000/month + ₹2,500/year beyond 5 years of service.
Inflation-Linked Revision: Salary hike tied to the Cost Inflation Index (CII) under the Income Tax Act.
Additional Benefits Remain: MPs continue to get rent-free housing, travel reimbursements, and constituency allowances.
Mixed Public Reaction: Some hail it as fair and structured; others criticize timing amid inflation and job stagnation.

Policy Transparency: Understand how salary revision is now inflation-based and not arbitrary.
Debate on Governance: Explore questions around performance-linked pay and government accountability.
Complete Perk Overview: Learn about MP salaries, allowances, and post-retirement benefits.

₹45,000 Crore in Unclaimed Deposits: Includes dormant savings, current, and fixed deposits inactive for 10+ years.
UDGAM Portal Launched: RBI’s centralized platform lets users search across 30 major banks and file claims.
Eligible Claimants: Original depositors or legal heirs (with valid documents) can file claims anytime.
Interest on Deposits: Payable per RBI rules if the account was interest-bearing.
Why It Happens: Mostly due to forgotten accounts, missing nominations, or unclaimed after death.

Step-by-Step Guide: Learn how to use the UDGAM Portal and required documentation.
Understand the DEA Fund: Know what RBI is doing to improve public awareness and financial recovery.
Secure Your Wealth: Avoid future dormancy with tips on estate planning and financial hygiene.