29 March 2023 – Daily Current Affairs for UPSC Exams

29th March 2023 – Daily Current Affairs Questions for UPSC Prelims Exams

GS Team published here 29 March 2023 Current Affairs Quiz for UPSC Prelims Exams. These will be helpful for the upcoming UPSC All exams. These current affairs make daily analysis and related India, World, Technology, and all govt news.

Union Minister Amit Shah has recently unveiled the statues of Lord Basaveshwara and Nadaprabhu Kempegowda in which city?

Answer: Bengaluru
Note:-

  • Shri Amit Shah unveils idols of Lord Basaveshwara and Nadaprabhu Kempegowda through Rajya Sabha of Karnataka
  • Lord Basaveshwara was a social reformer who is considered the founder of Lingayat religion in Karnataka
  • He worked to promote social justice and equality
  • He was particularly zealous for women and the lower castes
  • Basaveshwara highlighted the importance of individual devotion in place of caste-based rituals
  • He had already given encouragement for a democratic society
  • Nadaprabhu Kempegowda ji was also a historical figure who participated in the freedom struggle of Karnataka
  • He worked for good governance and contributed towards the upliftment of Karnataka

The World Bank has approved a $108 million loan for the flood management project of which state?

Answer: Assam
Note:-

  • World Bank provides $108 million loan to Assam
  • The project will benefit around 6 million people
  • The main objective of the Assam Integrated River Sedimentation Management Project is to create eco-friendly infrastructure
  • Aims to enhance mobile alerts, including fluid notification and early warning systems
  • This will provide better evacuation and refuge facilities
  • This initiative will allow government agencies to respond more efficiently during a disaster
  • The project will protect about 1 lakh people
  • At least 10,000 people will have access to water-resistant flood shelters under the project

Which organization has fixed 8.15 per cent interest rate on Employees Provident Fund for 2022-23?

Ans: EPFO
Note:-

  • EPFO has decided in the meeting that 8.15 percent interest rate will be given on EPF for 2022-23
  • In March 2022, the EPFO reduced the interest rate for its subscribers to 8.1 per cent for 2021-22
  • The interest rate in 2020-21 was 8.5 percent
  • The board decided that 8.15 percent interest will be given on EPF
  • EPFO had reduced the interest rate on provident fund deposits to 8.5 per cent in March 2020
  • EPFO paid 8.65 per cent interest to shareholders in 2016-17 and 8.55 per cent in 2017-18

Who became the “Iron Man” Krishan Prakash who swam from the Gateway of India to the Elephanta Caves?

Answer: before
Note:-

  • Indian Police Service (IPS) officer Krishna Prakash swam from Mumbai’s Gateway of India to Elephanta Caves as part of ‘Drowning Prevention Awareness’ campaign
  • He completed the 16.20 kilometer drive in just 5 hours 26 minutes
  • This made him the first person in history
  • He completed the Ironman Triathlon, one of the toughest sporting events in the world, in 2017
  • The three-day event requires participants to swim 3.8 km, cycle 180.2 km and run 42.2 km in 16-17 hours
  • This achievement earned Prakash the title of ‘Iron Man’ and was among the first Indian government servants, civil servants and uniformed service officers, armed forces and paramilitary forces to be mentioned in the world record books

Which bank has acquired Silicon Valley Bank recently?

Ans: First Citizen Bank
Note:-

  • First Citizens Bank has acquired Silicon Valley Bank
  • First Citizens Bank bought it from the FDIC to bail it out
  • FDIC has agreed to the sale of troubled Silicon Valley Bank to First Citizens Bank & Trust Company
  • 17 branches of Silicon Valley Bridge Bank, National Association to open under the name of First Citizens on March 27

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