Skip to content
Free updates Login

Daily Current Affairs: 20 March 2025

Current affairs of 20 March 2025: Israel’s Ground Operation in Northern Gaza: Netzarim Corridor; Trump’s Second Term and the Fed, IMF and World Bank; APAAR ID: One Nation One Student ID Explained, and 19 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)March 2025
22 TOPICSDaily CurrentAffairs20 March 2025In focus: Israel’s Ground Operation in Northern…safalsetu.com

In this issue: 22 topics

National Affairs

  1. ₹4,500 Crore JNPA-Chowk Greenfield Highway Cleared by Cabinet

Government Schemes

  1. APAAR ID: One Nation One Student ID Explained
  2. PM Internship Scheme (PMIS): Features and Eligibility

Banking & Finance

  1. UPI Incentive Scheme FY25: ₹1,500 Crore for Small Payments
  2. SEBI Open Interest Proposal: Delta-Based Limits and FIA Objections
  3. SEBI’s $7 Billion Mutual Fund Overseas Cap and the PMS Route
  4. SEBI Plans Tighter Internal Audit Norms for MIIs
  5. SEBI and DigiLocker Tie-Up to Cut Unclaimed Assets
  6. RBI Governor Slams Banks Over Poor Customer Service

Economy

  1. India’s Inward Remittances: Shift from Gulf to Advanced Economies
  2. RBI Bulletin on State of the Economy: Tariff Risks, India Resilient
  3. RBI State of the Economy Report: Inflation Eases, FPI Outflows
  4. Safeguard Duty on Steel: DGTR’s 12% Recommendation
  5. Enterprise Sample Registration: Better Tracking of Microenterprises
  6. Manufacturing’s Declining Share in India’s Economy, 2013-2024

International Affairs

  1. Israel’s Ground Operation in Northern Gaza: Netzarim Corridor
  2. Trump’s Second Term and the Fed, IMF and World Bank
  3. Chabahar Port Expansion Plan and Sagarmala 2.0 Corpus

Agriculture & Rural

  1. Oil Palm Agroforestry in India: NMEO-OP, Intercropping Gains

Environment & Ecology

  1. 2025 Monsoon Outlook: ENSO Confusion and Forecast Challenges

Reports & Indexes

  1. India’s Inward Remittances FY24: RBI Survey Findings
  2. World Happiness Report 2025: India Rises to 118th Rank

National Affairs

Government Schemes

Polity & Governance

2. APAAR ID: One Nation One Student ID Explained

  • APAAR stands for Automated Permanent Academic Account Registry, under the 'One Nation, One Student ID' initiative.
  • It is linked to Aadhaar, stored in DigiLocker and generated through the UDISE+ portal.
  • The Union government told Parliament in December 2024 that APAAR is voluntary.
  • Critics cite privacy risks, data collection on minors and Section 9(3) of the DPDP Act, 2023.
Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

8. SEBI and DigiLocker Tie-Up to Cut Unclaimed Assets

  • SEBI announced a partnership with the government's DigiLocker platform to reduce unclaimed financial assets in securities markets.
  • Investors can store demat holdings, mutual fund statements and Consolidated Account Statements (CAS) in DigiLocker.
  • Per SEBI's circular, CAS can be fetched automatically on January 1 each year via DigiLocker.
  • DigiLocker already holds bank statements, insurance policy certificates and NPS statements.
Full notes and 3 MCQs ›
Banking & Finance

9. RBI Governor Slams Banks Over Poor Customer Service

  • RBI Governor Sanjay Malhotra called banks' customer service and complaint handling a highly unsatisfactory situation needing urgent correction.
  • Complaints under RBI's ombudsman scheme have grown at a 50% CAGR over two years; banks got over 1 crore complaints in FY24.
  • The RBI flagged misclassifying complaints as queries and window dressing of complaint data.
  • The Supreme Court asked for a CBI probe into alleged bank-builder collusion.
Full notes and 3 MCQs ›

Economy

Economy

13. Safeguard Duty on Steel: DGTR’s 12% Recommendation

  • DGTR recommended a 12% safeguard duty on steel products for 200 days.
  • Domestic industry faced serious injury from a sudden import surge, partly from trade diversion after the US 25% tariff on steel and aluminium.
  • The Department of Revenue under the Finance Ministry takes the final decision.
  • The Nifty Metal Index rose 1.67% to 9,185.20 on the news.
Full notes and 3 MCQs ›
Economy

14. Enterprise Sample Registration: Better Tracking of Microenterprises

  • India's economic census aims to cover microenterprises every five years, but data quality and coordination problems have persisted since the mid-1970s.
  • The 7th economic census (2019-20) was handled largely through Common Service Centres, and its results are so unreliable they may go unpublished.
  • An Enterprise Sample Registration System (ESRS), modelled on the Sample Registration System, is proposed.
Full notes and 3 MCQs ›

International Affairs

Agriculture & Rural

Environment & Ecology

Environment & Ecology

20. 2025 Monsoon Outlook: ENSO Confusion and Forecast Challenges

  • India awaits its 2025 monsoon outlook, with unclear ENSO signals making forecasts difficult.
  • Early 2024 projections of a strong La Nina did not hold as cold anomalies shifted west and warm ones appeared far east.
  • The ENSO Transition Mode (ETM) probably disrupted the El Nino (2023-24) to La Nina (2024-25) shift.
  • Global warming and meandering jet streams are changing the ENSO-monsoon relationship.
Full notes and 3 MCQs ›

Reports & Indexes

Test yourself

15 questions from the news of 20 March 2025, with answers and explanations.

Start the quiz