DAILY GK 5-7 MAR 2026
1.
RBI IMPOSES PENALTY ON M&M FINANCIAL SERVICES
·
The Reserve Bank of India (RBI), imposed a monetary penalty
of Rs.11.50 lakh on Mahindra & Mahindra Financial Services
Limited (MMFSL) for regulatory
non-compliances observed during its annual inspection.
·
RBI found that MMFSL
breached its Fair Practices Code by charging revised
foreclosure fees on certain loan accounts without including the required
terms in the loan agreements.
2. RBI
AND JAPAN’S BOJ RENEW BILATERAL SWAP ARRANGEMENT
·
The Reserve Bank of India (RBI) and
the Bank of Japan (BoJ), have signed the third Amendment
and Restatement Agreement of the
Bilateral Swap Arrangement (BSA) for up to USD 75
billion.
·
The BSA between India and Japan was initially signed in
October 2018 and the first
restatement occurred in 2022.
·
The current 2026 amendment represents the third such restatement,
reaffirming the long-term commitment to mutual financial assistance.
·
The RBI manages the Indian side, while the BoJ executes the agreement on behalf of the Japanese Ministry of Finance.
3.
SEBI DEPLOYS IN-HOUSE AI SYSTEM ‘SUDARSHAN’
·
The Securities and Exchange Board of India (SEBI) has
deployed an in-house Artificial
Intelligence (AI) system named ‘Sudarshan’ to strengthen digital monitoring of financial content
across online platforms.
·
The AI-based system has so far facilitated the removal of more
than 1.20 lakh misleading
social media posts shared by unregistered financial influencers.
·
The AI system scans and keeps track of large volumes of audio, video,
and text context across various digital platforms.
·
It also enables the regulatory
body to monitor patterns which indicate any unregistered advisory activity
and misleading claims, enabling faster identification of potential breaches of
securities norms.
4.
NATIONAL SCIENCE DAY 2026 – FEBRUARY 28
·
National Science Day (NSD) is observed
annually on 28th February across India to commemorate the
discovery of the Raman Effect (1928) by Sir Chandrasekhara Venkata
Raman (C. V. Raman).
·
2026 Theme: “Women in Science:
Catalysing Viksit Bharat”.
·
In 1986, the National Council
for Science and Technology Communication (NCSTC) recommended that 28
February be designated as NSD in India.
·
The first NSD was officially
celebrated on 28 February 1987 to
honorthe Raman Effect and promote
scientific awareness.
5.
ZERO DISCRIMINATION DAY 2026 – MARCH 1
·
Zero Discrimination Day (ZDD) is observed annually across the globe on 1
March to celebrate diversity, advocate equality and inclusion.
·
2026 Theme: “People First”.
·
In 2013, UNAIDS, Joint United Nations Programme on Human
Immunodeficiency Virus (HIV) and Acquired Immunodeficiency
Syndrome(AIDS), launched the Zero Discrimination Campaign (ZDC) on
World AIDS Day (1 December) to promote global equality and inclusion.
·
The campaign was introduced under Daw Aung San
Suu Kyi, Nobel Peace Prize laureate, as UNAIDS Global Advocate for Zero
Discrimination, using the hashtag #zero discrimination.
·
The inaugural Zero Discrimination
Day was
observed on 1 March 2014, led by Michel Sidibé, Executive Director
(ED), UNAIDS, in Beijing, China.
·
The butterfly is the
official symbol, representing transformation toward a world where everyone
can live with dignity.
6.
WORLD CIVIL DEFENCE DAY 2026 – MARCH 1
·
World Civil Defence Day (WCDD), also known as World Civil
Protection Day, is observed globally every year on 1 March to
mark the entry into force of the International Civil Defence Organization (ICDO)
Constitution and to honour civil defence personnel.
·
Theme 2026: “Managing Environmental Risks for a Resilient and Sustainable Future”.
·
WCDD was formally
instituted by the ICDO during its 9th General Assembly on 18 December 1990 in Geneva,
Switzerland.
·
The inaugural WCDD was held on 1 March 1990 under the aegis of the
United Nations (UN).
·
The date 1 March marks the entry into force of the ICDO Constitution in 1972,
although it was originally adopted on 17 October 1966, establishing ICDO as an
intergovernmental organization for civil defence coordination.
7. CIVIL
ACCOUNTS DAY 2026 – MARCH 1
·
Civil Accounts Day is
observed annually on March 1 in India to mark the foundation
day of the Indian Civil Accounts Service (ICAS), functioning
under the Department of Expenditure(DoE), Ministry of Finance (MoF).
·
ICAS
was carved out from the Indian Audit & Accounts Service (IA & AS),
initially through an Ordinance amending the CAG’s (Duties, Powers and
Conditions of Service) Amendment Act, 1976.
·
Later, the Departmentalisation
of Union Accounts (Transfer of Personnel) Act, 1976 was passed by
Parliament and assented to by the President of India on 8th April 1976, with
effect retroactive from 1st March 1976, marking the foundation of ICAS.
8.
WORLD WILDLIFE DAY 2026 – MARCH 3
·
The United Nations (UN’s) World Wildlife Day (WWD) is
observed annually on 3rd March to honor and raise awareness
about the world’s wild fauna (animals) and flora (plants).
·
2026 Theme: “Medicinal and Aromatic Plants: Conserving Health, Heritage and
Livelihoods”.
·
The first-ever WWD was celebrated globally on March 3, 2014.
·
March 3rd was selected to mark the adoption of the Convention on International Trade in Endangered Species of Wild Fauna
and Flora (CITES) in 1973.
9.
WORLD HEARING DAY 2026 – MARCH 3
·
World Hearing Day (WHD), observed annually across the
globe on March 3, raises awareness about hearing loss and
promotes ear and hearing care, serving as a call to action to tackle related
challenges.
·
WHO sets the official theme for WHD,
which this year is “From communities to
classrooms: hearing care for all children”.
·
The First International Conference on Prevention and Rehabilitation of
Hearing Loss in Beijing (China) adopted the Beijing Declaration,
leading to the creation of International Ear Care Day to
promote global hearing care.
·
The inaugural International Ear Care Day was held on 3rd March
2007, with the date chosen because the numbers 3 and 3 resemble the shape
of ears.
·
In 2016, the day was renamed World
Hearing Day to reflect its broader mission of raising awareness about
hearing loss.
10.
NATIONAL SECURITY DAY 2026 – MARCH 4
·
National Security Day (NSD), also known as Rashtriya Suraksha Diwas,
is observed across India every year
on 4 March to honor and express gratitude to the Indian
security forces including the Police, Military, Paramilitary forces, Guards, Commandos.
·
The first NSD in India was observed on March 4, 1972.
·
The National Security Council
(NSC) was established on 19 November 1998 by former PM Atal Bihari Vajpayee as a federal institutional and consultative
body for national security decision-making.
·
The NSC is chaired by the PM with
the National Security Advisor (NSA)
serving as Secretary and operates as
a three-tier system within the Prime
Minister’s Office (PMO).
11.
NATIONAL SAFETY DAY 2026 – MARCH 4
·
The day also marks the beginning of the National Safety
Week Campaign, which is observed nationwide from 4 to 10
March every year.
·
Theme: “Engage, Educate & Empower People to
Enhance Safety”.
·
The first NSD was also observed on March 4,1972.
12.
WORLD OBESITY DAY 2026 – MARCH 4
·
World Obesity Day (WOD) is observed annually across the
globe on 4th March to highlight the global obesity
crisis, promote public health reforms, reduce stigma, and encourage collective
action to prevent and manage obesity.
·
2026 Theme: “8 Billion Reasons to Act on Obesity.
·
WOD was established in 2015 by the World Obesity Federation (WOF) as an
annual campaign to promote healthy weight management and reduce global obesity.
·
First WOD was observed on 11
October 2015 and continued on the same date until 2019.
·
Since 2020, WOD has been
observed globally on 4 March.
13.
INTERNATIONAL DAY FOR DISARMAMENT AND NON-PROLIFERATION – MARCH 5
·
The United Nations (UN’s) International Day for Disarmament and
Non-Proliferation Awareness is annually observed across the world
on March 5 to raise public awareness particularly among youth,
about disarmament
·
The first International Day
for Disarmament and Non-Proliferation Awareness was observed on 5 March 2023.
·
The date coincides with the entry into force of the Treaty on the Non-Proliferation
of Nuclear Weapons (NPT) on 5 March 1970.
