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Daily Current Affairs 21st March, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 21st March, 2024. It includes all Major National, International, Business and Sports related current affairs of 21st March, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 21st March, 2024 Current affairs test.

National News

Kiren Rijiju Assumes New Role Following Pashupati Kumar Paras’s Cabinet Departure

Following the resignation of Pashupati Kumar Paras from the Union Cabinet due to the Rashtriya Lok Janshakti Party’s (RLJP) omission from the Bihar seat-sharing deal within the National Democratic Alliance (NDA) for the impending Lok Sabha elections, President Droupadi Murmu approved his departure. Kiren Rijiju has been designated to take on the additional responsibility of Minister of Food Processing Industries in the wake of this development.

Banking News

RBI Levies Fines on Two Banks for Interest Rate Violations

The Reserve Bank of India (RBI) has penalized Tamilnad Mercantile Bank and DCB Bank with fines of Rs 1.31 crore and Rs 63.6 lakh, respectively, for failing to adhere to certain directives concerning ‘Interest Rate on Advances’.

Innovative Payment Method Unveiled by Airtel Payments Bank

In a collaborative effort with Noise and Mastercard, Airtel Payments Bank has introduced an advanced contactless payment method through the Airtel Payments Bank Smart Watch. This state-of-the-art device aims to transform digital transactions, ensuring ease of use and greater accessibility for city dwellers.

Axis Mutual Fund Initiates AI-Enhanced Learning with Enparadigm

Mumbai’s leading asset management company, Axis Mutual Fund, has joined forces with Enparadigm to offer AI-driven experiential learning programs. This initiative is designed to tailor learning experiences that boost the performance and efficiency of employees at various levels within Axis MF.

DBS Bank India Pledges $250 Million in Lending to Support Start-Ups

Committed to nurturing the burgeoning start-up landscape in India, DBS Bank India has pledged a $250 million lending support for new-age start-ups and ‘new economy’ companies, amidst a backdrop of over 90,000 start-ups and beyond 100 unicorns in the country by 2024.

Business News

GRID-INDIA Attains Miniratna Category-I Status

Achieving a significant milestone, the Grid Controller of India Limited (GRID-INDIA) has been awarded the Miniratna Category-I CPSE status by the Ministry of Power, underscoring its crucial contribution to India’s power sector.

NIXI and MeitY to Launch BhashaNet Portal for Digital Inclusivity

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The National Internet Exchange of India (NIXI) is set to launch the BhashaNet portal on Universal Acceptance (UA) Day, in a move to promote digital inclusivity and linguistic diversity nationwide. This project is a collaborative effort with the Ministry of Electronics and Information Technology (MeitY).

Mineral Production Sees Growth in January 2024

The mining and quarrying sector’s index of mineral production stood at 144.1 in January 2024, marking a 5.9% increase from the previous year. The sector experienced an 8.3% cumulative growth from April 2023 to January 2024.

Economy News

Consumer Price Index Numbers Stable in February 2024

The All-India Consumer Price Index (CPI) for Agricultural and Rural Laborers remained stable in February 2024, with the indices standing at 1258 and 1269 respectively. The indices witnessed fluctuations across various states, with eight states reporting a decline in the CPI-AL and seven in the CPI-RL.

Awards News

Dr. Uma Rele Receives Maharashtra Gaurav Award

In recognition of her contributions to Indian classical dance, Dr. Uma Rele, Principal of Nalanda Nritya Kala Mahavidyalaya, has been honored with the Maharashtra Gaurav Award by Maharashtra Industrial Minister Uday Sawant and Minister Deepak Vasant Kesarkar.

Sports News

Third North East Games Commence in Nagaland

The third edition of the North East Games has commenced in Nagaland, inaugurated by Chief Minister Neiphiu Rio. Over 3000 athletes from eight North Eastern states are competing in 15 sports disciplines across three districts.

Important Days

International Observances Highlight Social Issues and Cultural Celebrations

Various international days, including the International Day for the Elimination of Racial Discrimination, World Poetry Day, World Forestry Day, International Day of Nowruz, World Down Syndrome Day, and World Oral Health Day, are commemorated to raise awareness about social issues, celebrate cultural heritage, and promote health and inclusion. Each of these days is marked by specific themes and activities designed to highlight their significance and foster a global sense of community and understanding.

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