Current Affairs Quiz - March, 2023

Notes:
Daylight Savings Time is the practice involving the uniform advancement of clocks to extend the daylight hours during conventional waking time during the summer months.
The Lebanese government’s last-minute decision to defer the start of the daylight savings time by a month resulted in the creation of two time zones in the country.

Notes:
Operation Interflex is an initiative that is providing Ukraine military recruits with basic military training.
It is being implemented by the UK, Canada, New Zealand, Australia, Norway, Denmark, Finland, Sweden, Lithuania, and the Netherlands.

Notes:
Indian Space Research Organisation’s heaviest payload rocket, LVM3 carrying 36 OneWeb satellites onboard took off from the second launch pad at Satish Dhawan Space Centre, Sriharikota.
This is the second mission for One Web Group Company under a commercial agreement with NewSpace India Limited (NSIL) to launch 72 satellites to Low-Earth Orbits.

Notes:
The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is a social impact fund.
The Fund is sponsored by the Ministry of Finance and is managed by SBICAP Ventures Ltd., a State Bank Group company. It was launched to provide assistance to stressed or stalled mid-income and affordable housing projects. As of March 2023, Rs 2,646.57 crore was released to this fund.

Notes:
The Centre for Processing Accelerated Corporate Exit (C-PACE) is going to be set up by the Indian Government to process and dispose of applications for removal of company names from the records under the companies law.
It will help ease the process of closing down businesses and getting their names removed from the Register of Companies. Ministry of Corporate Affairs will implement the process.

Notes:
Mahim Fort is situated in the Mahim Bay in Mumbai, Maharashtra. This 800-year-old fort is currently being developed by the Brihanmumbai Municipal Corporation (BMC) as a tourist destination.
As per BMC, the descendants of King Bimbdev, who established his kingdom Mahikawati in ‘Aparant’ or north Konkan belt of Maharashtra, built the fort between 1140 and 1241.

Notes:
Saansad Adarsh Gram Yojana was launched by the Central Government to promote the development of rural India. Operational guidelines to implement this scheme was unveiled recently.
The scheme aims to develop Gram Panchayats is envisaged through implementation of existing Government Schemes and Programmes in convergence mode and mobilization of community and private resources.

Notes:
The first-ever India-Africa Army Chiefs’ Conclave is being held in Pune. The aim of the event is to strengthen defence relations and create an institutionalised framework for better military-to-military cooperation between the two parties.

Notes:
The Shanghai Cooperation Organisation (SCO)’s National Security Advisors (NSA) meeting being organised in India.
India, the current chair of the Shanghai Cooperation Organisation (SCO), is hosting the meeting in New Delhi.

Notes:
GRB (Gamma ray burst) jets are luminous explosions that pierce through the star, emitting gamma rays and X-rays as they stream through space.
The highest gamma ray radiation was recorded by astronomers from across the world, creating a potential for overturning decades-long theory of gamma ray burst (GRB) jets. It is referred to as the BOAT, short for ‘brightest of all time’ as this is expected to be the brightest gamma-ray burst to hit Earth since human civilization began.