Current Affairs Quiz - March 2025

Notes:
Researchers from western Maharashtra discovered a new endemic frog species named Minervarya ghatiborealis. It was found in Mahabaleshwar, in the north-western Ghats of Sahyadri, Maharashtra. The name comes from ‘Ghati’ (Sanskrit for western) and ‘Borealis’ (Latin for northern), meaning ‘from the north-western Ghats’. It belongs to the Minervarya genus, commonly known as ‘Cricket frogs’. These frogs have parallel lines on their abdomens and nest near standing water or small springs. Their calls resemble nightingales, and the male’s breeding vocalisation is unique within the genus.

Notes:
Tuhin Kanta Pandey, currently Finance and Revenue Secretary, replaces Madhabi Puri Buch as SEBI Chairman after her term ends on February 28, 2025. The Appointments Committee of the Cabinet, chaired by PM Modi, approved his appointment for three years or until further orders. A 1987-batch IAS officer from Odisha cadre, Pandey served as Department of Investment and Public Asset Management (DIPAM) Secretary from 2019 and became Finance Secretary in September 2024. He played a key role in Air India’s sale and LIC’s public listing.

Notes:
The Israel-Hamas conflict has escalated, leading to a fragile ceasefire brokered by the US, Egypt, and Qatar. A key issue is Israel’s withdrawal from the Philadelphi Corridor, a strategic area along Gaza’s border with Egypt. The corridor is a 14 km long, 100-meter-wide strip, including the Rafah crossing and Kerem Shalom crossing. It was designated a demilitarized zone under the 1979 Camp David treaty. After Israel withdrew from Gaza in 2005, Egypt and the Palestinian Authority took control, but Hamas seized it in 2007.

Notes:
Amazon launched a quantum computing chip named Ocelot. It is a prototype with limited computing power. It consists of two integrated silicon microchips. Its high-quality oscillators are made from superconducting Tantalum. It uses cat qubits, inspired by Schrödinger’s cat experiment. Ocelot can reduce quantum error correction costs by up to 90% compared to current methods.

Notes:
India launched its first ancient stitched ship at Divar Island, Goa on February 26, 2025. The wooden vessel is modeled after a 5th-century ship depicted in the Ajanta caves. It was designed and built in Goa by Hodi Innovations with Kerala master artisans. Unlike modern ships, its wooden planks are stitched with coconut coir rope, an ancient Indian technique. The hull is treated with sardine oil, natural resins, and seasoned wood for durability. The ship will sail to Oman and Indonesia by the end of 2025, retracing old trade routes.

Notes:
The RBI released its quarterly House Price Index (HPI) for the December 2024-25 quarter on February 27, 2025. The all-India HPI grew by 3.1% in Q3 2024-25, lower than 4.3% in the previous quarter and 3.8% a year ago. Data is based on transactions from 10 major cities: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai. Kolkata saw the highest annual HPI growth (8.1%), while Kanpur had the lowest (0.1%). On a quarterly basis, HPI rose by 0.4%, with most major cities recording a price increase.

Notes:
Andhra Pradesh launched the Thalliki Vandanam Scheme 2025 to support students from financially unstable families. The scheme helps students from Class 1 to 12 continue their education without financial worries. Eligible students who struggle to pay fees can apply for assistance. The government aims to reduce dropout rates and ensure uninterrupted education. The scheme reflects the state’s commitment to education accessibility and financial support for underprivileged students.

Notes:
The Solar Ultraviolet Imaging Telescope (SUIT) on Aditya-L1 detected an X6.3-class solar flare, a highly intense solar eruption. SUIT is a remote sensing payload on ISRO’s Aditya-L1, India’s first solar mission. The mission was launched on September 2, 2023. Solar Ultraviolet Imaging Telescope (SUIT) is developed by Inter-University Center for Astronomy and Astrophysics (IUCAA), Pune with ISRO. SUIT captures full-disk and region-specific images of the Sun. It uses 11 calibrated filters across 200-400 nm wavelengths to study the Sun’s layers. It is positioned at Lagrange Point. It observes the Sun 24×7. SUIT studies solar atmosphere dynamics, focusing on jets, flares, filament evolution, and eruptions.

Notes:
Securities and Exchange Board of India (SEBI) launched a centralized database portal for corporate bonds called Bond Central. It serves as a single, authentic source of information on corporate bonds in India. It is developed by the Online Bond Platform Providers Association (OBPP Association) with collaboration from Market Infrastructure Institutions (MIIs) like stock exchanges and depositories. The portal is free to access and acts as an information repository for the public. It aims to enhance transparency and help investors make informed decisions.

Notes:
Auroville recently celebrated its 57th anniversary with bonfire meditation at the Matrimandir Amphitheatre. It is an experimental international township in Tamil Nadu, near Pondicherry, with residents from over 60 countries. It was founded by Mirra Alfassa (‘The Mother’) on February 28, 1968, as an international cultural township. It was designed by architect Roger Anger, it is the world’s largest and oldest intentional community. Auroville has transformed from barren land into a 3,000-acre green township with biodiversity, schools, and social enterprises. UNESCO endorsed Auroville through resolutions in 1966, 1968, 1970, and 1983. It is administered by the Ministry of Education under the Auroville Foundation Act, 1988.