Daily Current Affairs 12 March 2026 | Latest GK Updates for UPSC, SSC, Banking & State PSC Exams

Daily Current Affairs & GK Digest: 12 March 2026

Here is the Current Affairs and General Knowledge digest specifically for March 12, 2026 for UPSC, SSC, Banking, and State PSC Exams.

1. National Polity & Governance

• Lok Sabha Rejects Motion Against Speaker

  • The News: The Lok Sabha rejected a rare no-confidence motion against Speaker Om Birla by a voice vote.

  • Exam Point: This was the first such motion moved against a Lok Sabha Speaker in nearly four decades. Previous historical attempts include motions against the first Speaker G.V. Mavalankar, Sardar Hukam Singh (1966), and Balram Jakhar (1987).

• Karnataka Drafts First 'Responsible AI' Framework

  • The News: Karnataka formally convened its specialized committee, chaired by tech-veteran Kris Gopalakrishnan, to draft a "Responsible AI Policy."

  • Exam Point: Karnataka is positioning itself to become the first Indian state to implement a comprehensive, state-level framework covering algorithmic fairness, privacy, and AI transparency.

• NCSC Appointment

• The News: Dr. Partha Biswas officially assumed charge as a Member of the National Commission for Scheduled Castes (NCSC).

• Exam Point: The NCSC is a constitutional body established under Article 338 of the Indian Constitution.

• Kuno park plans to host CHEETAHS, LEOPARDS, TIGERS:Authorities plan to launch a multi-species conservation plan in Madhya Pradesh’s Kuno National Park consisting of cheetahs, leopards and tigers.The decision was prompted after a tiger from Ranthambore established its territory in Sheopur four months ago, with the forest department deciding against relocating it. Kuno currently has 50 cheetahs and 60 leopards.
• The Union Cabinet officially approved international status for Madurai Airport (IXM) on March 10, 2026, aimed at boosting tourism and trade in southern Tamil Nadu, with enhanced global connectivity.

2. Economy & Banking

• NITI Aayog Releases Fiscal Health Index (FHI) 2026

  • The News: NITI Aayog released the second edition of the FHI, a data-driven evaluation of the fiscal performance and debt management of Indian states.

  • Exam Point: Odisha, Goa, and Jharkhand emerged as the top "Achievers" in this year's index.

• India’s Revised GDP Series Method

  • The News: The government introduced a revised GDP calculation series to correct historical overestimations.

  • Exam Point: The most critical methodological shift for exams is the adoption of the "double-deflation method" for calculating Gross Value Added (GVA). A critical shift in manufacturing and agriculture where inflation is adjusted separately for both inputs and outputs, preventing the overestimation that occurred under the old single-deflator method.

• RBI Approves CRED as Payment Aggregator

• The News: Fintech unicorn CRED received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA).

• Exam Point: A Payment Aggregator facilitates e-commerce sites and merchants to accept various payment instruments from customers without needing to create a separate payment integration system of their own.

• Centre to detail ₹1L-Cr fund to boost Chip Units:India is set to announce a ₹1 trillion (1 lakh crore) fund to accelerate its domestic chipmaking industry, a move aimed at both making the country an indispensable part of the global electronics supply chain and building self-reliance.

• RN Ravi Takes oath as Bengal's New Governor :West Bengal’s new governor RN Ravi took oath at the Lok Bhawan on Thursday, and vowed to serve the people of the “great land” with “utmost devotion”. Ravi, a former Indian Police Service (IPS) officer from the 1976 batch.

• India’s retail inflation came in at 3.2% in February, the National Statistics Office (NSO) said on Thursday.

3. Social Issues & Agriculture

• Global Conference on Women in Agri-Food Systems (GCWAS-2026)

  • The News: President Droupadi Murmu inaugurated the GCWAS-2026 in New Delhi, emphasizing the need for women to hold leadership roles in agricultural policymaking.

  • Exam Point (Crucial): The United Nations has officially declared 2026 as 'The International Year of the Woman Farmer'.

• OIL Signs MoU for Tribal Healthcare

  • The News: Oil India Limited (OIL) signed an MoU with the National Scheduled Tribes Finance and Development Corporation (NSTFDC).

  • Exam Point: The ₹86.27 lakh initiative targets the strengthening of public health ecosystems specifically in the Aspirational District of Rajgarh, Madhya Pradesh.

4. Defense & International Relations

• DRDO Tests Indigenous ADC-150

  • The News: The DRDO and Indian Navy successfully conducted flight trials of the ADC-150 (Air Droppable Container) off the coast of Goa.

  • Exam Point: The 150 kg payload container was dropped from a Boeing P-8I aircraft and is designed to deliver rapid emergency engineering and logistical supplies to ships deep at sea.

• Operation "White Hammer"

  • The News: The Directorate of Revenue Intelligence (DRI) dismantled a massive clandestine drug manufacturing unit in Andhra Pradesh.

  • Exam Point: The operation resulted in the seizure of 237 kg of Alprazolam. It highlights India's ongoing Nasha Mukt Bharat Abhiyaan.

• UK Abolishes Hereditary Peers

• The News: The Parliament of the United Kingdom passed a major democratic reform by officially abolishing the system of hereditary peers in the House of Lords.

• Drone, cyber, space commands part of India’s 2047 military revamp plan: India is preparing to initiate far-reaching military reforms to ensure its armed forces are ready for future battlefield challenges, with the proposed creation of a drone force, a data force and a defence geospatial agency standing out among the raft of goals it seeks to pursue and accomplish by 2047 when the country marks its Independence centenary.The roadmap, Defence Forces Vision 2047, to transform the military into a world-class force also seeks to establish a space command, a cyber-command, a cognitive warfare action force and a national air defence shield under Mission Sudarshan Chakra as the character of war evolves rapidly due to technological advancements. The vision document lays down that the revamp will be carried out in three phases: up to 2030 (era of transition), 2030-40 (era of consolidation) and 2040-47 (era of excellence).
• US starts ‘unfair trade’ probe against India, 15 others:The US will launch a trade investigation into alleged unfair manufacturing practices by India and 15 other major economies, the office of the US Trade Representative announced on Wednesday — the latest move by the Trump administration to rebuild tariff pressure after the Supreme Court struck down the centrepiece of its global trade agenda last month.The 16 economies named are China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan and India.

5. Sports

• India to Host Asia Cup Archery 2027

  • The News: It was officially announced that New Delhi will host Stage 2 of the Asia Cup Archery in 2027.

  • Exam Point: This will be the first major international archery event held in the national capital in 22 years (the last being the Asian Archery Championships in 2005).

March 12 -Major Historical Events

• Gandhi's Salt March (1930): Mahatma Gandhi began a 240-mile nonviolent protest from Sabarmati Ashram to Dandi to challenge the British salt monopoly in India.
• NATO Expansion (1999): Former Warsaw Pact nations—the Czech Republic, Hungary, and Poland—officially joined NATO.
• Fukushima Nuclear Disaster (2011): A reactor at the Fukushima Daiichi nuclear power plant in Japan exploded following the major Tōhoku earthquake and tsunami the day before.