Current Affairs Today: 03rd March 2025 | Daily GK Update
National News
1. What initiative was launched to modernize India’s maritime infrastructure?
Answer: The Union Ministry of Ports, Shipping, and Waterways introduced the ‘One Nation: One Port Process’ (ONOP), aiming to standardize port operations and boost global trade under the Atmanirbhar Bharat vision.
Appointments News
2. Who was re-elected as Chairman of the Bar Council of India?
Answer: Senior advocate Manan Kumar Mishra secured his seventh consecutive term as BCI Chairman. He also serves as a BJP MP in the Rajya Sabha from Bihar.
Business News
3. What partnership did Paytm announce to enhance AI-driven search?
Answer: Paytm partnered with Perplexity, integrating AI-powered search into its app to support multilingual queries and informed financial decisions.
4. What were the digital payment trends in February 2025?
Answer:
- UPI: ↓ 5% in volume, ↓ 6.5% in value (MoM); ↑ 33% volume, ↑ 20% value (YoY)
- IMPS: ↓ 9% volume, ↓ 7% value (MoM); ↓ 24% volume, ↓ 1% value (YoY)
- FASTag: ↑ 1% volume, slight dip in value (MoM); ↑ 19% volume, ↑ 18% value (YoY)
- AePS: Flat volume, ↑ 2% value (MoM); ↑ 14% volume, ↑ 11% value (YoY)
5. What was the GST collection in February 2025?
Answer: GST collections rose by 9.1% YoY to ₹1.84 lakh crore, reflecting strong domestic activity and improved compliance.
Banking News
6. What certification did Bank of Baroda receive?
Answer: Bank of Baroda earned ISO 22301:2019 certification for Business Continuity Management from BSI, affirming its resilience and risk management practices.
7. What co-branded product did City Union Bank launch?
Answer: City Union Bank partnered with Chennai Super Kings to launch a co-branded credit card offering rewards and cricket-themed experiences.
8. What event did YES BANK host in collaboration with WTC Mumbai?
Answer: YES BANK organized the Export Conclave 2025, focusing on MSME empowerment, trade facilitation, and global market opportunities.
Awards News
9. Who were the major winners at the Oscars 2025?
Answer:
- Best Picture: Anora
- Best Director: Sean Baker (Anora)
- Best Actor: The Brutalist
- Best Actress: Mikey Madison (Anora)
- Best Supporting Actor: Kieran Culkin (A Real Pain)
- Best Supporting Actress: Zoe Saldana (Emilia Perez)
Sports News
10. What honor did Jay Shah receive at FILA 2025?
Answer: Jay Shah, ICC Chairman, was awarded the Icon of Excellence for his contributions to cricket administration.
11. What milestone did Virat Kohli achieve?
Answer: On March 2, 2025, Kohli played his 300th ODI match during the Champions Trophy against New Zealand, becoming the seventh Indian to reach this feat.
Important Days
12. What is the theme of World Wildlife Day 2025?
Answer: “Wildlife Conservation Finance: Investing in People and Planet” — observed on March 3 to promote sustainable conservation efforts.
Obituaries
13. Who was Himmat Shah and what was his legacy?
Answer: Renowned Indian sculptor Himmat Shah passed away at 92. Known for his experimental art, he transformed everyday materials into modern masterpieces.