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🌍 International & National News

• 🔵 Global Money Week 2026 Starts: The annual global campaign to raise financial awareness among youth has begun (March 16–22). This year’s theme is "Smart Money Talks".

• 🟢 Election Dates Announced: The Election Commission has announced assembly polls for 2026. Assam, Kerala, Puducherry, and Tamil Nadu will vote in a single phase, while West Bengal will have a two-phase election starting April 23.

• 🔴 Supreme Court on Maternal Health: The SC has directed all states to complete maternal healthcare infrastructure upgrades by June 2026, declaring quality healthcare a fundamental right under Article 21.

• 🟡 National Vaccination Day: Today is celebrated to mark the launch of India's Pulse Polio campaign in 1995. The 2026 theme is "Vaccines Work for All".

• 🟣 World Para Athletics Grand Prix: India made history in New Delhi by winning a record 208 medals at the event.

💰 Banking & Economy Awareness

Key Highlight: The RBI has revised India’s GDP growth forecast upward to 7.2% for FY 2025-26, citing strong manufacturing and consumer demand.

🏆 Sports & Awards

• 🥇 Jnanpith Award: Prominent Tamil poet and lyricist Vairamuthu has been honored with the 2025 Jnanpith Award.

• 🥊 Boxing Victory: Chandrika Pujari won Gold at the World Boxing Futures Cup 2026.

• 🎭 Theatre Arts: Veteran actor Amol Palekar will receive the Lifetime Achievement Award at the 2026 Mahindra Excellence in Theatre Awards (META).

• ♟️ Chess: Mayank Chakraborty officially became India's 94th Grandmaster.

🚀 Science & Technology

• 🛰️ ISRO Alert: Scientists reported that one of the four operational IRNSS (NavIC) satellites has faced a failure, weakening the indigenous GPS system.

• 🌋 Volcanic Feat: Professor Arpita Patra (IISc Bengaluru) became the second Indian woman to successfully climb Ojos del Salado, the world's highest volcano.

• 🚢 Digital Twin: The V.O. Chidambaranar Port in Tamil Nadu became the first Indian port to implement a "Digital Twin" platform for better management.

📘 Important Banking & Static Awareness

(1–16 March – Banking Exam Revision)

1️⃣ Important Days

• 1 March – World Civil Defence Day

• 1 March – Zero Discrimination Day

• 3 March – World Wildlife Day

• 3 March – World Hearing Day

• 4 March – National Safety Day (India)

• 5 March – International Day for Disarmament and Non-Proliferation Awareness

• 8 March – International Women’s Day

• 10 March – CISF Raising Day

• 14 March – Pi Day

• 15 March – World Consumer Rights Day

🏦 Banking & Economy

• India renewed Bilateral Swap Arrangement (BSA) with Japan worth $75 billion.

• India’s GST collection in February 2026 crossed ₹1.83 lakh crore.

• India’s GDP growth rate in Q3 FY26 estimated around 7.8%.

• Government aims to reduce logistics cost to 10% of GDP by 2030.

Static Banking

• Basel III – International banking regulation framework for bank capital and liquidity standards.

• Introduced by Basel Committee on Banking Supervision.

🇮🇳 National Affairs

• Government launched AI-driven Skill Census “Saksham” to map workforce skills.

• Delhi Lakhpati Bitiya Yojana launched to provide financial security to girl children.

• Micron Technology Semiconductor ATMP Facility inaugurated in Gujarat.

• NITI Aayog & JICA signed agreement for development of Aspirational Districts.

🌍 International Affairs

• India remains the largest milk producer in the world.

• Global cooperation strengthened through India-Japan financial swap arrangement.

📊 Banking Static Awareness (Exam Favorite)

RBI Basics

• Headquarters: Mumbai

• Established: 1935

• Nationalized: 1949

Important Banking Terms

• CRR – Cash Reserve Ratio

• SLR – Statutory Liquidity Ratio

• Repo Rate – Rate at which RBI lends to banks

• Reverse Repo Rate – Rate at which RBI borrows from banks

Digital Payment Systems

• UPI – Unified Payments Interface

• NEFT – National Electronic Funds Transfer

• RTGS – Real Time Gross Settlement

• IMPS – Immediate Payment Service

🎯 Most Important for Banking Exams

Focus on these topics from 1–16 March:

1. India–Japan $75 billion swap agreement

2. GST collection ₹1.83 lakh crore

3. GDP growth 7.8%

4. AI Skill Census “Saksham”

5. Delhi Lakhpati Bitiya Scheme