Latest Current Affairs 07 March 2026-Daily GK with FAQs
Daily Current Affairs
This Current Affairs March 2026 pillar page provides exam-oriented coverage of the most important national and international developments. Each topic includes facts, background, exam relevance, FAQs, and practice MCQs, making it ideal for Banking, SSC and Insurance exams.
Latest Current Affairs 07 March 2026-Daily GK with FAQs
1. Brahmaputra River Lighthouse Project
Key Highlights
- India will build a river-based lighthouse on the Brahmaputra River.
- It will be located near Umananda Island (Peacock Island) in Guwahati, Assam.
- It will help ships and boats navigate safely at night.
- The lighthouse will support National Waterway-2 (NW-2).
- Brahmaputra is India's only river referred to as “Nad” (masculine).
Brahmaputra River Facts
- Origin: Chemayungdung Glacier near Lake Mansarovar, Tibet
- Countries covered: China (Tibet), India, Bangladesh
- Total Length: ~2,900 km
- Known as Lifeline of Assam
2. CCI Approves Central Bank of India Stake Acquisition
Key Highlights
- The Competition Commission of India (CCI) approved the proposal on March 5, 2026.
- Central Bank of India will increase its stake in two insurance companies.
Insurance Companies
Generali Central Insurance Company Ltd (GCICL)
- Additional stake: 1.09%
Generali Central Life Insurance Company Ltd (GCLICL)
- Additional stake: 0.82%
After the acquisition:
- Total stake of Central Bank of India: 26%
Current shareholding:
- GCICL: 24.91%
- GCLICL: 25.18%
Approval granted under:
- Competition Act 2002 – Section 31(1)
3. Skyroot Aerospace Vikram-1 Rocket
Key Highlights
- Developed by Hyderabad-based startup Skyroot Aerospace
- India's first private orbital rocket
Launch Details
- Expected launch: March 2026
- Launch site: Satish Dhawan Space Centre, Sriharikota
Specifications
- Payload capacity: 350 kg
- Orbit: Low Earth Orbit (LEO)
- Height: 7-storey rocket
- Material: Carbon Fiber
Technologies
- 3D Printed Liquid Engine (Raman-2)
- Solid Fuel Boosters
- Launch preparation time: 24 hours
4. Romania Joins International Solar Alliance (ISA)
Key Highlights
- Romania submitted its Instrument of Ratification to ISA.
- It became the 118th member country.
Previous Step
- Signed the ISA Framework Agreement during COP28 in Dubai (2023).
Romania Solar Target
- 8 GW solar capacity by 2030
- Goal: Carbon-neutral economy
Romania Facts
Capital: Bucharest
Currency: Romanian Leu
Plural: Lei
5. Khelo India Tribal Games 2026
Key Highlights
- First edition of Khelo India Tribal Games (KITG).
- Dates: March 25 – April 6, 2026
Announcement by:
- Union Sports Minister Dr. Mansukh Mandaviya
Host Cities
- Raipur
- Jagdalpur
- Surguja
Official Mascot
Morveer
Meaning
- Mor = My / Our
- Veer = Courage
Part of the vision:
- Developed India 2047
6. RBI Digital Fraud Compensation Framework
Key Highlights
- Proposed by Reserve Bank of India (RBI)
- Implementation expected: 1 July 2026
Coverage
Applicable for fraud cases where loss is:
₹50,000 or less
Compensation Rule
Customers receive:
85% of loss OR ₹25,000 (whichever is lower)
Important Conditions
- Benefit available once in lifetime
- Fraud must be reported within 5 days
- Report to:
- Bank
- National Cyber Crime Helpline – 1930
Responsibility proof:
- Banks must prove customer negligence
7. 9th International Santhal Conference
Key Highlights
- President Draupadi Murmu will attend the event.
Location
- Darjeeling, West Bengal
Organizer
- International Santal Council
Focus Areas
- Tribal economic empowerment
- Preservation of Santhali language
- Cultural protection
- Development strategies
Additional Event
The President will also inaugurate:
Darjeeling Hill Festival
Occasion:
- 150 years of Vande Mataram
8. Indian Bison Festival – Debrigarh Wildlife Sanctuary
Key Highlights
- Hosted in Debrigarh Wildlife Sanctuary, Odisha
- Near Hirakud Dam
District
- Sambalpur
Indian Bison (Gaur)
- IUCN Status: Vulnerable
- Largest wild ox in the world
Latest Census (January 2026)
- Total Gaur population: 848
- Increase: +190 in one year
FAQs
Q1 What is India's first river lighthouse project?
It is the proposed lighthouse on the Brahmaputra River near Umananda Island in Guwahati.
Q2 What is the payload capacity of Vikram-1 rocket?
The rocket can carry 350 kg payload to Low Earth Orbit.
Q3 When will the Khelo India Tribal Games 2026 be held?
From 25 March to 6 April 2026 in Chhattisgarh.
Q4 What is RBI's compensation for digital fraud?
Customers will receive 85% of loss or ₹25,000.
Q5 What is the conservation status of Indian Bison?
It is listed as Vulnerable on the IUCN Red List.
Current Affairs Quiz
Q1 Vikram-1 rocket is developed by which company?
A Skyroot Aerospace
B ISRO
C DRDO
D SpaceX
Answer: A
Q2 Brahmaputra lighthouse will be built near?
A Majuli Island
B Umananda Island
C Andaman Island
D Lakshadweep
Answer: B
Q3 Romania became which member of ISA?
A 110th
B 115th
C 118th
D 120th
Answer: C