CURRENT AFFAIRS NOW: 11th March Current Affairs 2023 Read Now

11th March Current Affairs 2023 Read Now

Daily Current Affairs

1. What is the significance of the recent announcement by Colombia?

A) Women will no longer be allowed to join the military.

B) Women will be allowed to join the military for the first time in 25 years.

C) Women will be given a preference in the military.

d) Women will only be allowed to join the Navy.

Ans: B – Women will be allowed to join the military for the first time in 25 years.

Explanation: Colombia has opened its military service to women after a gap of 25 years, allowing them to enlist in the Army.

2. Who has been appointed as the new CEO of Axis Mutual Fund?

A) Chandresh Nigam

B) B Gopkumar

C) Axis Asset Management Company

D) Both A and C

Ans: B – B Gopkumar

Explanation: Axis Asset Management Company has announced B Gopkumar, who currently serves as the managing director and CEO of Axis Securities, as the new CEO of Axis Mutual Fund, succeeding Chandresh Nigam. Nigam had previously served as the CEO for two stints totaling ten years, having joined the company as head of equities in July 2009 and becoming MD & CEO in May 2013. Gopkumar has over 28 years of experience in the financial services industry and holds a master’s degree in business management. He is also an avid marathon runner, reader, and fitness enthusiast.

3. What did Australian Prime Minister Anthony Albanese announce during his visit to New Delhi?

A) An agreement to accelerate a broader economic partnership with India

B) A military alliance with India

C) A plan to increase immigration between Australia and India

D) An agreement to decrease economic ties between Australia and India

Ans: A – An agreement to accelerate a broader economic partnership with India

Explanation: Australian Prime Minister Anthony Albanese announced during his visit to New Delhi that Australia and India had agreed to accelerate a broader economic partnership and boost their defence ties.

4. Which book was recently released by Vice President Jagdeep Dhankhar?

A) “Gateway to Eternity: Mundaka Upanishad”

B) “Philosophy and Politics in India”

C) “The Upanishads of India: A Historical Overview”

D) “Karan Singh: A Life in Politics and Philosophy”

Ans: A – “Gateway to Eternity: Mundaka Upanishad”

Explanation: “Gateway to Eternity: Mundaka Upanishad”. The book was written by Dr. Karan Singh, a former member of parliament, and released by Vice President Jagdeep Dhankhar at Upa-Rashtrapati Nivas in New Delhi. Dr. Karan Singh is a well-known philosopher and politician from India.

5. What is the purpose of the deal between the Indian defense ministry and Hindustan Aeronautics Limited (HAL)?

A) To procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Army

B) To procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Navy

C) To procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Air Force

D) To procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Coast Guard

Ans: C – To procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Air Force

Explanation: The deal between the Indian defense ministry and Hindustan Aeronautics Limited (HAL) is to procure six Dornier aircraft at a cost of Rs 667 crore for the Indian Air Force. The addition of these aircraft will further strengthen the operational capability of the IAF in remote areas, as mentioned by the defense ministry in their announcement of the contract.

6. What is the purpose of the Memorandum of Understanding (MoU) signed between Punjab National Bank (PNB) and Central Warehousing Corporation (CWC)?

A) To facilitate financing under e-NWR

B) To facilitate financing under e-PRS

C) To facilitate financing under e-CWR

D) To facilitate financing under e-NCR

Ans: A – To facilitate financing under e-NWR

Explanation: The MoU signed between PNB and CWC aims to facilitate financing under e-NWR (Electronic Negotiable Warehousing Receipt). This move is expected to benefit farmers, traders, and depositors, as it allows the use of electronic receipts for agricultural commodities stored in warehouses as collateral for loans.

7. Who has been elected as the new President of Nepal?

A) Subash Chandra Nembwang

B) Ram Chandra Paudel

C) Nepalese Election Commission

D) None of the above

Ans: b – Ram Chandra Paudel

Explanation: In Nepal, Ram Chandra Paudel has emerged as the newly elected President. As per the records of the Nepalese Election Commission, he secured 33,800 electoral votes, defeating his opponent, Subash Chandra Nembwang, who received only 15,500 votes. The votes that Ram Chandra Paudel received included 352 from members of provincial assemblies and 214 from members of parliament.

8. Which calendars consider March as the third month of the year?

A) Julian and Hindu calendar

B) Gregorian and Islamic calendar

C) Julian and Gregorian calendars

D) Roman and Mayan calendar

Ans: c – Julian and Gregorian calendars

Explanation: March is known as the third month of the year, as per the Julian and Gregorian calendars. It consists of 31 days and is the second month out of seven. The onset of spring in the Northern Hemisphere is marked on the first of March. The name “March” is derived from Martius, which was the first month in the old Roman calendar. This article provides a list of all the significant days in March 2023.