In Defence current affairs for 18th March 2023, we are going to see the latest national and international current affairs news. These important current affairs will be very helpful for your upcoming NDA, CDS, CDS OTA, AFCAT, TA, Agniveer Army, Agniveer Navy, Agniveer Air Force, Women Military Police, INET, MNS, ACC exams, SCO, PCSL, CAPF, and SSB interviews, and direct entries for Army, Navy, and Air Force like SSC Tech, TGC, JAG, NCC, TES, 10+2 Cadet. Download a PDF file about current events at the end of this article.
DAILY CURRENT AFFAIRS 18 March 2023
RBI And The UAE Central Bank Signed A MoU In Financial Products And Services
- The Central Banks Working Together To Explore Central Bank Digital Currencies (CBDCs) And Examine Interoperability Between The CBUAE And The CBDCs Of The RBI.
- It Aims To Increase Efficiency And Reduce Costs In Cross-border Transactions, Which Helps The Economic Ties Between India And The UAE.
- It Will Also Help In Technical Cooperation And Knowledge Sharing On Matters Related To Fintech And Financial Products And Services.
- It is An Important Step Towards Encouraging Innovation And Collaboration In The Area Of Fintech.
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India-Bangladesh Friendship Pipeline Will Be Inaugurated By PM Modi & Bangladesh PM Hasina
- Indian PM Narendra Modi & Bangladesh PM Sheikh Hasina Will Inaugurate The India-Bangladesh Friendship Pipeline Through A Video Conference.
- The Pipeline Is Proposed 130 Km Long For High-Speed Diesel Transport From Siliguri In India To Parbatipur In Bangladesh.
- It Has The Capacity To Transport 1 Million Metric Tonnes Per Annum (MMTPA) Of High-speed Diesel (HSD), And Will Be Constructed By India’s Numaligarh Refinery Limited (NRL).
- Maitri Pipeline Is The 1st Cross-Border Energy Pipeline Between India And Bangladesh With An Estimated Cost Of Rs 377 Crore.
- This Friendship Will Provide A Sustainable, Reliable, Cost-effective, And Environment-friendly Mode Of HSD Transportation From India To Bangladesh.
- This Is Part Of The Memorandum Of Understanding (MoU) Signed Between India And Bangladesh In April 2017.
Indian Railways To Become Net Zero Carbon Emitter By 2030
- Ashwini Vaishnav (Union Railway Minister) Recently Said In The Lok Sabha That The Indian Railways Is Working On A Mission Mode To Become The Largest Green Railway In The World And Towards Becoming A “Net Zero Carbon Emitter” By 2030.
- Indian Railways Is Starting Production Of 3 Phase Electric Locomotives With Regenerative Features, Use Of Head On Generation (HOG) Technology, Use Of LED Lights In Buildings And Coaches, and Use Of Star Rated Equipment, Transition From Diesel To Electric Traction, Promotion Of Energy Efficiency.
- To Achieve Net Zero Carbon Emissions, The Expected Requirement Of Renewable Capacity By 2029-30 Would Be Around 30,000 MW.
- 2150 MW Of Renewable Capacity Has Also been Done. By Feb 2023, About 147 MW Of Solar Plants & About 103 MW Of Wind Power Plants Have Been Commissioned.
- Indian Railways Is Setting Up Dedicated Freight Corridors (DFCs).
- Its 1st Phase Is Estimated To Reduce Emissions By About 457 Million Tonnes Over A Period Of 30 Years.
- The Traction Diesel Fuel Will Use a 5 % Blending Of Biofuels. Water Use Efficiency Will Be Improved By 20 Percent By 2030.
Shaktikanta Das Wins Governor Of The Year Award
- RBI Governor Shaktikanta Das Has Been Honoured With The ‘Governor Of The Year 2023 Award’ By The International Publication Central Banking.
- He Has Been Awarded For Successfully Navigating The Financial Markets Through Various Crises, Like The Pandemic And Inflation Caused By The War In Ukraine.
K Krithivasan Appointed CEO Of TCS
- Kriti Krithivasan Has Been Appointed As The CEO Of Tata Consultancy Services (TCS) After The Current CEO And MD Rajesh Gopinathan Stepped Down On March 16.
- Krithivasan Was The Global Head And President Of TCS’s Banking, Financial Services, And Insurance Businesses.
Eric Garcetti As The US Ambassador To India
- Eric Garcetti Has Been Confirmed By The US Senate As The New Ambassador To New Delhi, Chosen By President Joe Biden.
- He Was Supported By Most Senators, With 52 In Favour And 42 Against.
- 7 Republican Senators Joined The Democrats In Backing Garcetti For The Role.
REVIEW QUESTIONS
- India-Bangladesh Friendship Pipeline Will Connect _____ To ______.
- Siliguri To Dhaka
- Siliguri To Parbatipur
- Kolkata To Parbatipur
- Varanasi To Dhaka
ANSWER: B
- RBI Was Established Through Which Of The Following Act?
- Reserve Bank of India Act 1933
- Reserve Bank of India Act 1949
- Reserve Bank of India Act 1934
- Reserve Bank of India Act 1944
ANSWER: C
- The Government Of India Nationalised The RBI In Year____.
- 1947
- 1942
- 1939
- 1949
ANSWER: D
- RBI Has The Authority To Regulate Banks In India Through _______.
- Banking Regulation Act of 1952
- Banking Regulation Act of 1937
- Banking Regulation Act of 1949
- Banking Regulation Act of 1935
ANSWER: C
- The RBI As The Regulator For Digital Payment Systems Under ___.
- Payment and Settlement Act of 2014
- Payment and Settlement Act of 2004
- Payment and Settlement Act of 2007
- Payment and Settlement Act of 2009
ANSWER: C
- Where Is The HQ Of RBI?
- Mumbai
- New Delhi
- Lucknow
- Jaipur
ANSWER: A
- Numaligarh Refinery Limited Is Located In ____.
- Arunachal Pradesh
- Assam
- Tripura
- Mizoram
ANSWER: B
- HSD Transportation Stands For _____.
- Hybrid-speed Department
- High-speed Diesel
- High-service Delivery
- None Of The Above
ANSWER: B
- Indian Railways To Become Net Zero Carbon Emitter By ________.
- 2025
- 2030
- 2050
- 2040
ANSWER: B
- Shaktikanta Das Wins Governor Of The Year Award By __
- IMF
- World Bank
- International Publication Central Banking
- OECD
ANSWER: C
- ________ Appointed CEO Of TCS.
- Narayan Murthy
- P Gopinath
- K Krithivasan
- None Of The Above
ANSWER: C
- ____ Is The New US Ambassador To India.
- Dave Herry
- Eric Garcetti
- Matthew John
- Will Adam
ANSWER: B
- K Krithivasan Replaced ________ As The CEO Of TCS.
- Narayan Murthy
- Rajesh Gopinathan
- Vishal Sikka
- None Of The Above
ANSWER: B
- Who Is The Current Union Minister Of Railways ___
- Ashwini Vaishnav
- Piyush Goyal
- Nitin Gadkari
- Anurag Thakur
ANSWER: A
- Where Is The HQ Of the United Nations Environment Programme?
- Kenya
- Geneva
- Bern
- New York
ANSWER: A
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