Current affairs 2018

Current Affair 28-Avision

Current Affairs 2018 The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. But the most important thing that you might have noticed is that both the Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs only. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Apart from the GA Section, an excellent knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee’s simple questions. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!!

IMPORTANT CABINET APPROVALS- 28TH FEBRUARY 2018

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An apprised of an MoU between India and Fiji on Cooperation in Renewable Energy.

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MoU between India and Macedonia on cooperation in the field of Health.

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Signing of MoU between India and Jordan on Cooperation in Health Sector.

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Signing of MoU between India and Jordan on Cooperation in the Field of Manpower.

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Agreement between India and Jordan on Cooperation and Mutual Administrative Assistance in Customs Matters.

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Current Affair 28-Avision 

Amendments to Housing and Telephone Facilities Rules, Constituency Allowance Rules and Office Expense Allowance Rules for MPs.

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The Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, 2018.

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MoU between India and Jordan for mining and beneficiation of Rock Phosphate & MOP and setting up the production facility in Jordan for Phosphoric Acid/DAP/NPKFertilizers.

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MoU between India and Vietnam on Economic and Trade Cooperation.

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Doubling of Government guarantee from Rs 9,500 crore to Rs.19,000 crore for procurements of pulses and oilseeds at MSP under Price Support Scheme by NAFED.

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Continuation of Prime Minister's Employment Generation Programme (PMEGP) beyond 12th Plan for three years from 2017-18 to 2019-20.

UNION CABINET APPROVES ANTI-TRAFFICKING BILL DRAFT

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Current Affair 28-Avision 

The apex anti-terror body National Investigation Agency (NIA) will be the nodal authority for probing cases of human trafficking after the government approved a proposal in this regard.

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The Union Cabinet Okayed the draft trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, which also proposes a punishment of life imprisonment for repeat offenders. The draft Bill divides various offences into "trafficking" and "aggravated trafficking".

1ST MEGA FOOD PARK INAUGURATED IN MAHARASHTRA

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The first Mega Food Park in the state of Maharashtra Satara Mega Food Park Pvt. Ltd. at Village Degaon, District Satara was inaugurated by Harsimrat Kaur Badal, Union Minister of Food Processing Industries.

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Current Affair 28-Avision 

This is the 10th Mega Food Park being operationalized in the country and the 8th operationalized during the tenure of the present government. Satara Mega Food Park has been set up in 64 acres of land at a cost of Rs. 139.30 crore.

UNION TEXTILE MINISTER SMRITI IRANI ATTENDS 27TH IJIRA IN KOLKATA

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Union Textile Minister Smriti Irani attended the 27th Technological Conference of Indian Jute Industries' Research Association (IJIRA) on Shaping the Future of Jute in Kolkata.

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The function was focused on the promotion of geotextiles in the northeast region. Geotextiles are absorbent fabrics which, when used in association with soil, have the ability to separate, filter, reinforce, protect or drain.

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Current Affair 28-Avision INDIA TO GROW 7.6% IN 2018: MOODY'S

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Moody's Investors Service estimated that India will grow 7.6% in the calendar year 2018 and 7.5% in 2019, amid signs of economic recovery from the impact of demonetization and GST.

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In its global growth forecasts for 2018 and 2019, Moody’s stated the Budget for the fiscal year beginning April 1 (2018-19) includes some measures to stabilize the rural economy that was disproportionately hit by the scrapping of high denomination 500 and 1000 rupee notes.

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Current Affair 28-Avision INDIA’S GDP GROWTH RISES TO 7.2% IN DECEMBER QUARTER

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The Indian economy grew at a five-quarter high of 7.2% in the October-December period reflecting overall recovery due to good show by agriculture, manufacturing, construction and certain services.

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The economy is expected to grow at 6.6% in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO).

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The earlier estimate was 6.5%. The growth for the second quarter (July-September) has been revised upwards to 6.5%, from 6.3% estimated earlier by the CSO.

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Current Affair 28-Avision

INDUSIND BANK AND RIPPLE TIE-UP FOR CROSS-BORDER REMITTANCES

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IndusInd Bank announced its partnership with Ripple (the enterprise block chain solution for Global Payments) to facilitate payments into and out of India. With this affiliation, Ripple Net can now provide instant access in emerging markets such as India, Brazil and China.

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In 2017, India saw a total of $65 billion move into the country and IndusInd Bank which has significant interests in cross-border remittances, plans to harness the power of Block chain technology for facilitating global payments.

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Current Affair 28-Avision TOKYO UNVEILS MASCOTS FOR 2020 OLYMPICS AND PARALYMPICS

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Tokyo unveiled its long-awaited mascot for the 2020 Olympic Games: a futuristic bluechecked, doe-eyed character with pointy ears and “special powers” that was picked by schoolchildren across mascot-mad Japan.

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One has an athletic figure and a strong sense of justice. The other is a cherry blossominspired superhero.

CABINET APPROVES ESTABLISHMENT OF NATIONAL FINANCIAL REPORTING AUTHORITY 

With an aim to tighten regulatory oversight over auditors, the Union Cabinet has approved the establishment of National Financial Reporting Authority (NFRA) as an independent regulator for the auditing profession.

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NFRA will be established under Companies Act 2013 to ensure quality audit.

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Current Affair 28-Avision MAHARASHTRA GOVERNMENT TIES UP WITH WIKIPEDIA TO PROMOTE MARATHI 

The Government of Maharashtra has collaborated with Wikipedia to promote Marathi and increase its online usage.

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The Marathi people will be provided a platform and encouraged to write about their profession in their native language.

WORLD’S LARGEST SOLAR PARK LAUNCHED IN KARNATAKA

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The first phase of Shakti Sthala Solar Park has been inaugurated in the Tumkur district of Karnataka.

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Current Affair 28-Avision 

The solar park having a total capacity of 2,000 megawatts, is claimed to be the world’s largest solar park.

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The project has been executed within 2 years with zero land acquisition.

MAHARASHTRA’S FIRST MEGA FOOD PARK INAUGURATED

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HarsimratKaurBadal, Minister of Food Processing Industries, has inaugurated the Maharashtra’s first Mega Food Park named as Satara Mega Food Park in Satara district.

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With this, the number of Mega Food Parks in country became 12.

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Mega Food Park scheme has been implemented in the country by the Ministry of Food Processing to create modern infrastructure facilities for food processing along with value chain from farm to market through cluster based approach.

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Current Affair 28-Avision ANNUAL ARMY SEMINAR 2017-18

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Minister of State for Defense, Dr Subhash Bhamre has inaugurated the one day Annual Army Seminar for 2017-18.

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The seminar aims to showcase the contribution of Army towards nation building.

PASCHIM LEHAR CONCLUDES

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Current Affair 28-Avision

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Indian Navy concluded Tri-Service Maritime Exercise “Paschim Lehar” off the western coast in Arabian Sea.

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The exercise aimed to enhance cooperation and interoperability between Indian Navy, Indian Army, Indian Air Force and Coast Guard.

PNB AND ICICI BANK INCREASE MCLR RATES The Punjab National Bank and ICICI have increased the Marginal Cost of funds based Lending Rate (MCLR) from 8.3% to 8.15% and from 8.2% to 8.3% respectively.

HARMANPREETKAUR JOINS PUNJAB POLICE AS DSP

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Current Affair 28-Avision Indian woman cricketer Harmanpreet Kaur has joined Punjab Police as Deputy Superintendent of Police.

NAVJOTKAUR –1ST INDIAN WOMAN TO WIN GOLD IN SENIOR ASIAN CHAMPIONSHIP

Navjot Kaur has become the first Indian woman wrestler to win gold in the Senior Asian Championship. She has won in the 65 kg freestyle category.

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Current Affair 28-Avision

Reliance Energy Had Partnered With The Department Of Posts To Allow Customers To Pay Their Electricity Bills At Post Offices Along With Other Modes Of Payment.

India And Vietnam Inked Three Pacts, Including One On Nuclear Cooperation, And Resolved To Jointly Work For An Open Indo-Pacific, While Calling For A Rules-Based Regional Architecture.

Actor-Politician Shatrughan Sinha Has Been Honored With A Lifetime Achievement Award For His Contribution To The Fields Of Arts And Politics At A Ceremony In The Uk's Parliament Complex In London.

The Indian Combine Of Pankaj Advani And Manan Chandra Staged A Remarkable Recovery To Beat Pakistan In The Final Of The Inaugural Ibsf Snooker Team World Cup. Ace Wrestler Navjot Kaur Scripted History By Becoming The First Indian Woman Wrestler To Win A Gold Medal In The Senior Asian Championships As She Clinched The Yellow Metal In The 65kg Freestyle Category In Bishkek, Kyrgyzstan.

Sri Vijayendra Saraswathi, Who Was The Junior Pontiff Of The Kanchi Mutt, Has Assumed Charge As Its Chief Consequent To The Passing Away Of 69th Head Shankaracharya Jayendra Saraswathi.

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Current Affair 28-Avision Arcelormittal Has Entered Into A Joint Venture Pact With Nippon Steel & Sumitomo Metal Corporation (Nssmc) To Jointly Acquire The Assets Of Essar Steel.

Olympian Adille Sumariwalla Was Re-Elected As President Of The Maharashtra Athletics Association While Satish Uchil Has Become The New General Secretary.

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