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CURRENT AFFAIRS OF MARCH 3 AND 4


We bring you the complete and important daily current affairs  to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.

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BANKING & FINANCE

SBI switched to Cash Budget Based Assessment (CBBA) method of assessment for corporates

from “Projected Balance Sheet (PBS)”

SBI has also started Risk Intel, an email service, advising the business units of rating actions in respect of units it has funded

RBL Bank ties-up with Zomato to launch co-branded credit card powered by Mastercard

About Zomato:Headquarters– Gurugram, Haryana
CEO– Deepinder Goyal
About RBL Bank:Headquarters– Mumbai, Maharashtra
MD & CEO– Mr Vishwavir Ahuja
Tagline– Apno ka Bank
About Mastercard:Headquarters– New York,U.S.
President & CEO– Michael Miebach (effective from March 1, 2020)


IIT Mandi, EWOK Society sign tripartite deal with NABARD for setting up 3 FPOs(Farmer Producer Organisation) in Himachal Pradesh

About Himachal Pradesh:Capital– Shimla
Governor– Bandaru Dattatreya
Chief minister– Jai Ram Thakur
About National Bank For Agriculture And Rural Development (NABARD):Formation– July 12, 1982
Headquarters– Mumbai, Maharashtra
Chairman– Dr. Harsh Kumar Bhanwala


Paytm Insurance Broking secures brokerage licence from IRDAI

Indian digital payments platform Paytm’s subsidiary, Paytm Insurance Broking, has received the brokerage licence from the Insurance Regulatory and Authority of India (IRDAI).

About Paytm:Parent organization– One97 Communications
Headquarters– Noida, Uttar Pradesh
President– Amit Nayyar



NATIONAL AFFAIRS

Pune to host 108th Indian Science Congress with the theme ”Science and Technology for Sustainable Development with Women Empowerment” in 2021

Dr Vijay Laxmi Saxena elected as general president of the Indian Science Congress, 2020-21


National Chambal Sanctuary in Madhya Pradesh received eco-sensitive zone tag


BEE introduces Deep freezer and Light commercial air conditioners under star rating programme

Bureau of Energy Efficiency (BEE),an agency of the Government of India, under the Ministry of Power, has launched star rating programme for Light Commercial Air Conditioners (LCAC) and Deep Freezers, in its 19th foundation day under the Energy Conservation Act, 2001 in New Delhi.


11th National Krishi Vigyan Kendra (KVK) conference 2020 held in New Delhi

the theme ‘Empowering Youth for Technology Led Farming’


ECONOMY & BUSINESS

OECD downgraded India’s GDP growth to 5.1% from 6.2% for 2020

its report titled “OECD Interim Economic Assessment Coronavirus: The world economy at risk” 

APPOINTMENTS & RESIGNATIONS  

Sudhanshu Pandey appointed as new CMD of MMTC

MMTC (Metals & Minerals Trading Corporation)


SCIENCE & TECHNOLOGY

MoS Santosh Kumar Gangwar launched Humsafar mobile app for doorstep diesel delivery in New Delhi

About Ministry of Labour & Employment (MOL&E):
Headquarters- New Delhi.
Santosh Kumar Gangwar Constituency– Bareilly, Uttar Pradesh (UP)



Tourism minister (MoS), Shri Prahlad Singh Patel launched Multilingual version of “Incredible India” website & Mobile app in New Delhi

The website was earlier hosted in only 2 languages i.e. English & Hindi and now  it has been launched in 3 new languages i.e. Chinese, Arabic and Spanish.


SPORTS

Indian Hockey men’s team ranked 4th for the 1st time, Belgium topped & Women’s team ranked 9th , Netherlands topped : FIH World Rankings 2020

About FIH
Headquarters- Lausanne, Switzerland
President- Dr Narinder Dhruv Batra



OBITUARY

Former Chairman & CEO of General Electric, Jack Welch passed away at 84


IMPORTANT DAYS

World wildlife day celebrated on 3 March 2020

the theme “Sustaining all life on Earth”.

World Hearing Day was observed on March 3, 2020

Theme of WHD 2020: Hearing for life: Don’t let hearing loss limit you.

About WHO (World Health Organisation):
Headquarters- Geneva, Switzerland.
Director General- Tedros Adhanom Ghebreyesus.



STATE NEWS

TN CM Edappadi Palaniswami launched Tamil Nadu Health System Reform Programme (TNHSRP)


Tripura Govt and AAI signed MoU for construction of 6 equipment hiring centers at Tripura

 in Manu Block, Dhalai district, Tripura.

About Tripura:
Capital- Agartala.
Chief Minister (CM)- Biplab Kumar Deb.
Governor- Ramesh Bais.