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Daily Current Affairs 4th March 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 4th March 2023. It includes all Major National, International, Business and Sports related current affairs of 4th March 2023. 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 4th March 2023 Current affairs test.

National & International Appointments

1. Indian men’s hockey team welcomes Craig Fulton as Chief Coach

  • South African native Craig Fulton has been selected by Hockey India as the latest chief coach for the Indian men’s hockey squad.
  • He steps into the role previously held by the Australian, Graham Reid, who stepped down in January 2023.
  • With a rich background of 25 years in coaching and a personal achievement of 195 international appearances for South Africa over a decade, Fulton is no stranger to high-level hockey.
  • His prowess includes participation in the Atlanta and Athens Olympics.
  • His impressive coaching stint led the KHC Dragons to victory in the 2020-21 Belgium Hockey League, earning him the title of Belgium Coach of the Year.


2. India and Mexico collaborate with a new MoU on tech and research

  • A Memorandum of Understanding has been inked between India and Mexico in New Delhi, emphasizing joint ventures in research, technology, and innovation.
  • The primary focus areas encompass Aerospace, Electronics, Earth and Ocean Sciences, Water, Minerals, Clean Energy, Biotechnology, and Healthcare.
  • Assurances have been given by the Union Minister, Dr. Jitendra Singh to the Mexican Foreign Minister, Marcelo Ebrard, that India, through CSIR and affiliated bodies, will deliver concrete outcomes in Water, Lithium, and Vaccine development.

Banking & Finance

3. Amazon Pay (India) faces a hefty fine from RBI

  • Amazon Pay (India) Private Limited has been slapped with a fine amounting to INR 3,06,66,000 by the Reserve Bank of India (RBI).
  • The penalty arises from their failure to adhere to certain norms associated with Prepaid Payment Instruments and the Know Your Customer regulations.
  • The move by RBI aims to address the lapses in regulatory adherence and doesn’t cast a shadow on the legitimacy of the company’s dealings with its client base.

Important Day

4. India marks the 4th of March as National Security Day

  • The 4th of March is earmarked annually in India as the National Safety Day, a day dedicated to accentuating safety protocols. The day’s objective is to raise awareness about safety practices, ensuring they are understood and implemented, reducing occupational mishaps.
  • Concurrently, this day also marks the commencement of the National Safety Week in India.
  • The chosen theme for 2023 is ‘Nurture young minds – Develop safety culture’.
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