2nd March 2023

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Central Excise Day 2023 observed on 24th February.

Every year on February 24, Central Excise Day is observed to recognise and honour the contributions made by the Central Board of Indirect Taxes and Customs (CBIC). Every year, Central Excise Day is observed to raise public awareness of the dedication and labor-intensiveness of CBIC. The primary responsibility of CBIC is to prevent the tampering of manufactured items.

The agency hosts a number of programmes and events on Central Excise Day to raise public awareness of the value of paying taxes and abiding by customs procedures. On this day, CBIC also launches brand-new campaigns with a variety of topics across its offices all over India to raise awareness of the rules governing Central Excise and Customs.

On which day Central Excise Day is observed?

Churchgate Railway Station in Mumbai will now be known as First Indian RBI Governor CD Deshmukh.

The Churchgate railway station in Mumbai will soon be called as ‘Chintamanrao Deshmukh station’, named after the first governor of the Reserve Bank of India (RBI) CD Deshmukh. The first national executive meeting of Eknath Shinde-led Shiv Sena faction, which was declared the original Shiv Sena by the Election Commission last week. The meeting passed a resolution to rename the Churchgate railway station after the former RBI governor and Union Finance Minister CD Deshmukh.

Churchgate railway station in Mumbai will be named after whom?

Spain’s Sergio Ramos announced international football retirement.

Paris Saint-Germain’s and former Real Madrid defender Sergio Ramos has announced that he is retiring from international football. After a record 180 appearances for Spain. Ramos, who was part of Spain’s World Cup and Euro winning teams had represented Real Madrid in La Liga and now plays for PSG in Ligue 1.

When did Paris Saint-Germain’s and former Real Madrid defender Sergio Ramos made his debut?

JSW chairman Sajjan Jindal bags ‘Entrepreneur of the Year 2022’ title.

Sajjan Jindal, the chairman and managing director of JSW Group, was  awarded as the EY Entrepreneur of the Year (EOY) 2022. The seven-member jury led by former ICICI Bank chairman K V Kamath selected Jindal as the EOY 2022 winner for his “exceptional entrepreneurial journey in scaling the global conglomerate with presence in steel, cement, infrastructure, energy, and paints to revenues of US$22 billion. Jindal has created a track record of executing large capital-intensive, technically complex, and state-of-the-art steel manufacturing facilities on principles of cost efficiency and operational excellence.

Who was awarded the ‘Entrepreneur of the Year 2022’ title?

Amazon will join the ONDC network in India.

E-commerce giant Amazon announced that it will join the Indian government’s ONDC (Open Network for Digital Commerce) platform, and as part of its initial collaboration will integrate its Smart Commerce and logistics services with the ONDC network. Amazon logistics services include pickup and delivery, while Smart Commerce is a suite of SaaS (software-as-a-service) products hosted on AWS that can assist MSMEs build and scale their business and integrate it with the ONDC network.

_____ will join the ONDC network in India.

Rudrankksh Patil Won gold in 10m Air Rifle at ISSF World Cup 2023.

India’s RudrankkshBalasaheb Patil won the men’s 10m air rifle event at the ISSF World Cup 2023 in Cairo. He defeated Germany’s Maximilian Ullbrich by 16-8 in the gold medal match to clinch the top prize. Rudrankksh Patil finished seventh in the qualification round with 629.3 points to make the ranking round, which he topped with 262.0 points to set up a final clash against Ulbrich.

Who won gold in the 10m Air Rifle at ISSF World Cup 2023?

CRPF to Hold Annual Raising Day in Chhattisgarh’s Bastar District.

The Central Reserve Police Force (CRPF) will hold its Raising Day function in the Bastar district of Chhattisgarh for the first time, a place that has been a hotbed of left-wing extremism. The preparation for the celebration on March 19 will start in a few days.

They are preparing the infrastructure. It will be held in Jagdalpur in a place called Karanpur — the headquarter of the 204 and 201 COBRA battalion. The parade will happen there. It is about 15 km from Jagdalpur airport.

The Central Reserve Police Force (CRPF) will hold its Raising Day function in which state for the first time?

Karnataka Bank Inked Co-lending pact with Paisalo Digital.

Karnataka Bank and Paisalo Digital Ltd, a non-deposit-taking NBFC registered with the Reserve Bank of India, have entered into a co-lending arrangement to provide financial support to the small income segment and to give impetus to the micro and small enterprise segment of the country.

The arrangement will leverage Karnataka Bank’s low cost of funds and its end-to-end digital capabilities and Paisalo to help the sourcing, servicing, and recovery of small-ticket priority sector loans.

_____ inked a Co-lending pact with Paisalo Digital to provide financial support to the small income segment.

Term of the 22nd Law Commission extended till August, 2024.

The Union cabinet, chaired by Prime Minister Narendra Modi, on February 22 extended the term of the 22nd Law Commission till August 31, 2024. The move came as the tenure of the 22nd Law Commission of India ended on February 20, 2023.

The term of the 22nd Law Commission is extended till _____.

HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region.

HDFC Bank and UAE-based financial services company Lulu Exchange, have partnered to strengthen cross-border payments between India and Gulf Cooperation Council (GCC) region.  Both sides have signed a memorandum of understanding (MoU) to enable remittances to India through HDFC’s online and mobile banking powered by LuLu Exchange.In a press release, the bank said they will launch the ‘RemitNow2India’ service for quick money transfer from UAE.

Who launched a new Web Portal for the Revised Fund Flow Procedure under MPLADS?