I'm on Windows 10 and not running Asus Armoury Crate.
Here are a couple more similar reports:
https://www.reddit.com/r/buildapc/comments/t0l5ux/anyone_else_having_issues_with_their_rtx_3050/
https://forums.evga.com/RTX-3050-Random-Freezes-and-black-or-blue-screens-m3525909.aspx
Damn, sounds like it is an issue with them then

I too think it is the card and not anything software related as i ran my 1050Ti in the exact same machine with no issue.
Thank you for replying/ letting me know