Current Affairs 02 March 2023

👉 Multiple Choice Questions (MCQs) on the latest Current Affairs for Preparation of UPSC, SSC-CGL, NDA, CDS, Railways, and State Level Public Services Examinations.

👉 Source of Questions: The Hindu;  Indian Express; Hindustan Times;  The Times of India; The Economic Times;  Business Standard;  Press Information Bureau;  Yojana Magazine; Kurukshetra Magazine; Down to Earth Magazine.

Current Affairs on 02 March 2022

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Current Affairs Quiz: 02 March 2023

March 02, 2023 Current Affairs MCQs

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1Q) Which of the following city won Arbor Day Foundation’s "Tree City of the World"?

(A) Hyderabad

(B) Bengaluru

(C) Delhi

(D) Chennai

Show/Hide The Explanation of Answer

⇨ Hyderabad city won Arbor Day Foundation’s "Tree City of the World".

2Q) The Supreme Court recently dismissed a petition seeking to enhance the minimum age of marriage of women from 18 years to 21 years and stated that there are some matters which should be left to the “ultimate wisdom of the Parliament”. In this context, which of the following act proposes to raise the age of marriage for women from 18 to 21 years?

(A) The Prohibition of Child Marriage (Amendment) Bill, 2019

(B) The Prohibition of Child Marriage (Amendment) Bill, 2020

(C) The Prohibition of Child Marriage (Amendment) Bill, 2021

(D) The Prohibition of Child Marriage (Amendment) Bill, 2022

Show/Hide The Explanation of Answer

⇨ The Prohibition of Child Marriage (Amendment) Bill, 2021, seeks to raise the age of legal marriage for women from 18 to 21.

3Q) Which of the following countries signed the Chitwan Declaration. It is Asian Rhinos Conservation (2023) and it is aimed to achieve at least a 3% annual growth rate in the population of the greater one-horned Rhinos, Javan and Sumatran Rhinos ?

(1) India

(2) Bhutan

(3) Indonesia

(4) Malaysia

(5) Nepal

(A) Only 1 and 2

(B) Only 1, 2, and 3

(C) Only 1, 3, and 4

(D) Only 1, 2, 3, 4, and 5

Show/Hide The Explanation of Answer

⇨ Five Rhino Range Countries countries - India, Bhutan, Indonesia, Malaysia, and Nepal - signed the Chitwan Declaration for Asian Rhinos Conservation (2023) and agreed on managing the population of the greater one-horned Rhinos, Javan and Sumatran Rhinos with the intention of achieving at least 3% annual growth rate in their population.

⇨ The 3rd Asian Rhino Range Countries Meeting was held recently in Chitwan National Park, Nepal.

⇨ The 1st meeting was held in Indonesia and 2nd held in India.

⇨ The Bihar government has decided to increase the population of the greater one-horned Rhinos by 3% annually in the State.

⇨ The Bihar State government has also decided to increase rhino-bearing areas in Valmiki Tiger Reserve (VTR) in the West Champaran district by 5% in the next two years.

⇨ The VTR has been selected as one of the potential sites under the National Rhino Conservation Strategy.

⇨ The VTR was established as the 18th tiger reserve in 1990 and ranked fourth in the density of the tiger population.

⇨ Currently, an adult free-ranging male rhino has been in VTR for the last two years.

⇨ Additionally, 14 captive rhinos are there in Patna Zoo as part of a conservation breeding program. This is the biggest breeding program for Asian one-horned rhinos in India.

4Q) Recently Special Rupee Vostro Accounts (SRVA) were opened in India by which of the following partner country?

(A) Singapore

(B) Israel

(C) Australia

(D) Russia

Show/Hide The Explanation of Answer

⇨ 20 Russian banks have opened Special Rupee Vostro Accounts (SRVA) with partner banks in India.

⇨ A vostro account is an account that domestic banks hold for foreign banks in the former’s domestic currency, in this case, the rupee. Domestic banks use it to provide international banking services to their clients who have global banking needs.

⇨ The SRVA is an additional arrangement to the existing system that uses freely convertible currencies and works as a complimentary system.

⇨ The framework entails three important components, namely, invoicing, exchange rate, and settlement.

⇨ Invoicing entails that all exports and imports must be denominated and invoiced in INR.

⇨ The exchange rate between the currencies of the trading partner countries would be market-determined.

⇨ To conclude, the final settlement also takes place in Indian National Rupee (INR).

⇨ All reporting of cross-border transactions is to be done in accordance with the extant guidelines under the Foreign Exchange Management Act (FEMA), 1999.

⇨ As per the Bureau for International (BIS) Settlements’ Triennial Central Bank Survey 2022, the U.S. dollar was the most dominant vehicle currency accounting for 88% of all trades. The INR accounted for 1.6%.

5Q) Which of the following ministry has drafted a Digital Personal Data Protection (DPDP) Bill?

(A) Ministry of Commerce and Industry

(B) Ministry of Communications

(C) Ministry of Information and Broadcasting

(D) Ministry of Electronics and Information Technology

Show/Hide The Explanation of Answer

⇨ The Ministry of Electronics and Information Technology has drafted a Digital Personal Data Protection (DPDP) Bill.

6Q) Malabar multilateral naval exercise happens between which of the following nations ?

(1) India

(2) Australia

(3) Japan

(4) U.S.

(A) Only 1 and 2

(B) Only 2 and 3

(C) Only 1, 2, and 3

(D) Only 1, 2, 3, and 4

Show/Hide The Explanation of Answer

⇨ Australia will host the Malabar multilateral naval exercise, consisting of India, Australia, Japan, and the U.S., for the first time this year.

⇨ The Navy Chiefs of the four countries are also part of the Quadrilateral grouping.

⇨ Malabar series of exercises started in 1992 as a bilateral exercise between the navies of India and the US.

⇨ In 2015, Japan joined the exercise and the Australian Navy joined the Malabar Exercise in 2020.

7Q) The Eurasian Patent Organization (EAPO) and which of the following Indian organization entered into a cooperation on the Traditional Knowledge Digital Library (TKDL) Access through a Non-Disclosure Agreement ?

(A) Council of Scientific and Industrial Research

(B) Indian Council for Social Sciences Research

(C) Indian Council of Historical Research

(D) National Academy of Sciences

Show/Hide The Explanation of Answer

⇨ The Eurasian Patent Organization (EAPO), an international intergovernmental organization of the Eurasian Patent Convention, Moscow, and the Council of Scientific and Industrial Research (CSIR) entered into a cooperation on the Traditional Knowledge Digital Library (TKDL) Access through a Non-Disclosure Agreement.

About TKDL :

⇨ The TKDL database, the first of its kind worldwide, was established in 2001 by the Government of India, through a collaboration between CSIR and the Ministry of AYUSH.

⇨ The key objective of the TKDL is to prevent the erroneous grant of patents on Indian traditional knowledge (TK) and deter the misappropriation of the country’s traditional knowledge.

⇨ Currently, the TKDL contains information on over 4.4 lakh formulations and techniques of Indian Systems of Medicine such as Ayurveda, Unani, Siddha, and Sowa Rigpa as well as Yoga from the traditional texts.

⇨ The TKDL information is presented in a digitized format in five international languages including English, German, French, Japanese, and Spanish, and the format is easily understandable by patent examiners.

8Q) Sinthan Top - mountain pass located in which of the following state ?

(A) Jammu and Kashmir

(B) Himachal Pradesh

(C) Uttarakhand

(D) Arunachal Pradesh

Show/Hide The Explanation of Answer

⇨ Sinthan Top is a mountain pass, a popular tourist destination located between South Kashmir's Breng Valley.

⇨ It is 12,500 feet (3,800 m) above sea level and is snow-capped for most of the year.

⇨ The place is fast growing as one of the top tourist destinations in Chenab Valley.

⇨ Sinthan Top is the South-East end of Breng Valley (The Golden Crown of Kashmir).

9Q) International Mother Language Day, celebrates annually on which of the following day ?

(A) February 20

(B) February 21

(C) February 22

(D) February 23

Show/Hide The Explanation of Answer

⇨ International Mother Language Day celebrates annually on February 21.

⇨ The theme of 2023 is “Multilingual education – a necessity to transform education”.

⇨ On the recommendation of Bangladesh, UNESCO declared 21st February as International Mother Language Day in 1999.

10Q) The "New START Treaty" was signed between which of the following nations ?

(1) USA

(2) Russia

(3) India

(4) U.K.

(A) Only 1 and 2

(B) Only 2 and 3

(C) Only 1, 2, and 3

(D) Only 1, 2, 3, and 4

Show/Hide The Explanation of Answer

⇨ Russian President Vladimir Putin declared that Moscow was suspending its participation in the New START treaty. It is the last remaining nuclear arms control pact with the United States.

⇨ "New START treaty" is between the United States of America and the Russian Federation on Measures for the Further Reduction and Limitation of Strategic Offensive Arms.

⇨ The New START treaty, signed in 2010 by U.S. President Barack Obama and Russian President Dmitry Medvedev, limits each country to no more than 1,550 deployed nuclear warheads and 700 deployed missiles and bombers.

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