Daily Current Affairs With Video Lecture 12-13 March 2023 [DOWNLOAD PDF]

Prateek Mattoo
March 13, 2023
378

In Defence current affairs for 12-13 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 12 – 13 March 2023

Rudraprayag & Tehri Top Landslide Index: ISRO Report

The 2 Hilly Districts Of Uttarakhand, Rudraprayag (1^st) And Tehri (2^nd), Are Most Prone To Landslides According To The ‘Landslide Atlas’ Report Of ISRO’s Hyderabad-based National Remote Sensing Center (NRSC).
Kerala’s Thrissur & Palakkad Districts Are At 3^rd And 5^th Place.
Rudraprayag Has 32 Old Landslide Zones, The Maximum Of Which Are Located On NH-107.
Chamoli District (Joshimath Landslides) Is At Number 19 Among The Districts At Risk Of Landslides.
Rajouri & Pulwama (J&K), Kozhikode & Malappuram (Kerala), & South Sikkim, and East Sikkim (Sikkim) Are The Other High-Risk Districts.

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Bengaluru-Mysuru Expressway In Karnataka

PM Narendra Modi Dedicated To The Nation The Bengaluru-Mysuru Expressway In Karnataka.
The 118 Km Long Bengaluru-Mysore Expressway Will Reduce The Travel Time Between Bengaluru And Mysuru From 3 Hours To About 75 Minutes.
The NH-275 Segment Between Bengaluru, Nidaghatta, And Mysuru Will Have 6 Lanes Constructed As Part Of The Project, Which Has A Total Development Cost Of About Rs 8,480 Crores.

India & Australia Target $100 Billion Bilateral Trade In 5 Years

India & Australia Will Target $100 Billion Trade In The Next 5 Years Because Both The Countries Are Currently Dissatisfied With The $30 Billion Trade.
Both Countries Expressed Their Commitment To Complete Negotiations To Expand The Scope Of The Existing Free Trade Agreement By The End Of This Year.
Both The Countries Are Now Negotiating To Expand Its Scope For A Comprehensive Economic Cooperation Agreement (CECA).
India And Australia Implemented An Economic Cooperation And Trade Agreement (ECTA) On 29 December 2022.
India’s Exports To Australia- Manufactured Goods Such As Petroleum, Medicaments, Diamonds, Jewellery, Railway Coaches And Vehicles, Milled Rice And Herbicides.
India’s Imports To Australia – 82% Of Its Imports From Australia Are Coal, Gold, Copper Ore, Aluminum Oxide, Liquified Natural Gas, Manganese Ore, Aluminum Waste, Pigments, Lentils, Etc

Indonesia Shifts Capital From Jakarta To Borneo

The New Capital City Of The Country Will Be Called Nusantara Is Located In The East Kalimantan Province Of Borneo.
President Joko Widodo Has Envisioned The Construction Of A New Capital, So That The Country Can Have A “Sustainable City.
Jakarta Has Been Described As The World’s Fastest-sinking City And It IsEstimated That A 3^rd Of The City Could Be Submerged By 2050.
The Main Reason For This Is Uncontrolled Groundwater Extraction, But The Rising Java Sea Due To Climate Change Has Increased This Possibility.
Its Air & Groundwater Are Highly Polluted, It Floods Regularly And Its Streets Are So Congested.
The New Capital Will Be A Sustainable Forest City Which Will Be Developed Keeping In Mind The Environment And Will Aim To Achieve Zero Carbon Emissions By The Year 2045.

Rohit Jawa: New CEO And MD Of Hindustan Unilever Ltd

He Was Appointed As The New Managing Director And Chief Executive Officer Of the Company Hindustan Unilever Limited (HUL).
Rohit Jawa Will Succeed Sanjiv Mehta, The Current Managing Director And Chief Executive Officer (CEO), Who Will Retire On March 30, 2023.
Hindustan Unilever Limited (HUL)
Headquarters – London, England
Head Office In India – Mumbai
Established – 17 October 1933

Silicon Valley Bank Collapse in USA

California-based Silicon Valley Bank (SVB), The 16^th Largest Bank In The USA, Was Closed On 9 March By The California Department Of Financial Protection And Innovation.
It Is The Biggest Banking Failure Since The 2008 Financial Crisis.
It Is Considered The Biggest Financial Crisis Since The Collapse Of Washington Mutual And Lehman Brothers During The 2008 Recession.
As Of December 31, 2022, The Silicon Valley Bank Had Approximately $209.0 Billion In Total Assets And About $175.4 Billion In Total Deposits
The Widespread Slowdown In The Startup Industry Led To High Deposit Withdrawals In The Bank.
SVB Announced The Sale Of Securities Worth $21 Billion From Its Portfolio.
The Company Said That To Strengthen Its Financial Position, Shares Worth $ 2.25 Billion Are Being Sold.
The Increase In Interest Rates By The Federal Deposit Insurance Corp Also Messed Up SVB Bank’s Math

India-US 5^th Commercial Dialogue Meeting Held In New Delhi

The Meeting Was Attended By Union Commerce And Industry Minister Piyush Goyal And US Commerce Secretary Gina Raimondo.
The Bilateral Goods And Services Trade Is Set To Almost Double Since 2014, Surpassing A Recorded US$ 191 Billion In 2022.
It Will Take Forward Cooperation On startups, SMEs, Skill Development, And Entrepreneurship, Including Digital And Emerging Technologies.
An MoU Was Signed Between The 2 Countries On Establishing A Semiconductor Supply Chain & Innovation Partnership.
India Is The 9^th Largest Trading Partner For The US, While The US Is India’s Largest Trading Partner And Largest Export Destination.
The Last India-US Commercial Dialogue Was Held In February 2019.