Studybox Doon

Daily Current Affairs 5 March 2026

1) Indian Space Research Organisation preparing for Gaganyaan Test Flight

What happened: ISRO is preparing the next uncrewed test flight under the Gaganyaan mission to validate crew escape and recovery systems.

Why important: Gaganyaan will make India the fourth country to send humans into space using indigenous technology.

Exam Tip:
Gaganyaan launch vehicle – LVM3 rocket.


2) Reserve Bank of India launched financial literacy initiatives

What happened: RBI expanded financial literacy programmes across rural India to improve awareness about digital payments and banking services.

Why important: Financial literacy is crucial for digital economy growth and fraud prevention.

Exam Tip:
RBI established in 1935; Headquarters – Mumbai.


3) Indian Army conducts high-altitude military exercise in Ladakh

What happened: Indian Army conducted a large-scale high-altitude warfare exercise in Ladakh to strengthen operational readiness.

Why important: Enhances preparedness in strategically sensitive Himalayan border regions.

Exam Tip:
Ladakh shares borders with China and Pakistan.


4) World Bank projects India to remain fastest growing major economy

What happened: The World Bank projected that India will remain the fastest-growing major economy in 2026.

Why important: Reflects strong economic performance and investor confidence.

Exam Tip:
World Bank Headquarters – Washington D.C.


5) International Monetary Fund praises India’s economic reforms

What happened: IMF highlighted India’s economic reforms and strong growth outlook in its latest economic review.

Why important: IMF assessments influence global investment and economic policy decisions.

Exam Tip:
IMF founded in 1944 during Bretton Woods Conference.


6) Central Board of Direct Taxes introduces AI-based tax monitoring

What happened: CBDT announced AI-driven tools to track suspicious financial transactions and tax evasion.

Why important: Strengthens transparency and improves tax compliance.

Exam Tip:
CBDT works under Department of Revenue, Ministry of Finance.


7) United Nations Environment Programme warns about rising global temperatures

What happened: UNEP released a report warning that global temperatures may exceed critical climate thresholds by 2030.

Why important: Highlights urgency of climate action and emission reduction.

Exam Tip:
UNEP Headquarters – Nairobi, Kenya.


8) National Disaster Management Authority launches disaster preparedness campaign

What happened: NDMA started a nationwide awareness campaign on disaster preparedness and early warning systems.

Why important: Improves public readiness against earthquakes, floods, and cyclones.

Exam Tip:
NDMA established in 2005 under the Disaster Management Act.


9) World Health Organization issues alert on emerging infectious diseases

What happened: WHO issued a warning about new emerging infectious disease threats and the need for stronger surveillance systems.

Why important: Strengthening global health monitoring helps prevent future pandemics.

Exam Tip:
WHO Headquarters – Geneva, Switzerland.


10) Indian Navy conducts maritime security exercise in Indian Ocean

What happened: Indian Navy conducted a major maritime security exercise in the Indian Ocean region to enhance naval coordination.

Why important: Strengthens India’s role in Indo-Pacific maritime security.

Exam Tip:
Indian Navy Day is celebrated on 4 December.

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