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Current Affairs 24th April 2018: Daily GK Update

Dear Aspirants,
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. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!!

Current Affairs 24th April 2018: Daily GK Update

National News

1. National Panchayati Raj Day: 24 April

Current Affairs 24th April 2018: Daily GK Update |_3.1
i. The nation celebrates the National Panchayati Raj Diwas (24th Aril) as this date marks a defining moment in the history of decentralization of political power to the grassroots level.
ii. Prime Minister Narendra Modi visited Mandla in Madhya Pradesh on the National Panchayati Raj Day. He launched the Rashtriya Gramin Swaraj Abhiyan, at a public meeting, and addressed Panchayati Raj representatives across the country.
2. Nitin Gadkari Inaugurates 29th Road Safety Week in New Delhi
Current Affairs 24th April 2018: Daily GK Update |_4.1
i. Union Road Transport Minister Nitin Gadkari has inaugurated the 29th Road Safety Week at Vigyan Bhawan in New Delhi. He released a book named “Have a Safe Journey”.
ii. The central government has increased the number of National Highways keeping in mind the traffic density and various other factors. Mr Gadkari has announced that India will sign a pact with South Korea for enhancing road safety measures.
3. Diu, 1st to Run on 100% Renewable Energy During Daytime
Current Affairs 24th April 2018: Daily GK Update |_5.1
i. Diu Smart City has become the first city in India, that runs on 100% renewable energy during daytime setting a new benchmark for other cities to become clean and green. Diu had been importing 73% of its power from Gujarat until 2017.
ii. To further enhance its solar capacity, Diu offers its residents a subsidy of Rs10, 000-50,000 for installing 1-5KW rooftop solar panels

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Hardeep Singh Puri Minister of State (I/C) of the Ministry of Housing and Urban Affairs.
4. Sunderban Reserve Forest to Get Ramsar Site Status
Current Affairs 24th April 2018: Daily GK Update |_6.1
i. West Bengal government has given its approval to State Forest Department to apply for coveted Ramsar Site recognition under Ramsar Convention to Sunderban Reserve Forest. Now, State Forest Department through Central Government will apply to Ramsar Convention Secretariat.
ii. Once it is conferred Ramsar site status, Sundarbans Reserve Forest will be largest protected wetland in the country. There are currently 26 sites in India recognised as Ramsar wetland sites of international importance.

5. India and World Bank Signs Agreement to Improve Rural Road Network in MP

Current Affairs 24th April 2018: Daily GK Update |_7.1
i. India and the World Bank signed a $210 million loan agreement for the Madhya Pradesh Rural Connectivity Project. The Project is expected to improve the durability, resilience and safety of the gravel surfaced rural roads and enhance the capacity of the state to manage its rural roads network.
ii. The Project will cover 10,510 km stretch of rural roads in Madhya Pradesh that fall under the Chief Minister’s Gram Sadak Yojana (CMGSY) program
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Madhya Pradesh CM- Shivraj Singh Chouhan, Governor- Anandiben Patel.
6. Madras HC, 1st Court in South India to Introduce e-Court Fee Payment Facility
Current Affairs 24th April 2018: Daily GK Update |_8.1
i. The Madras High Court became the first court in south India and overall eighth in the country to introduce e-court fee payment facility. It was jointly launched by Chief Minister Edappadi K. Palaniswami and Chief Justice Indira Banerjee.
ii. The new system will enable litigants who file cases in High Court to pay judicial stamp duty to the government through e-stamps, which can be purchased both online and offline.

International News

7. Iran Bans Banks From Using Cryptocurrencies
Current Affairs 24th April 2018: Daily GK Update |_9.1
i. Iran has banned the use of bitcoin and other cryptocurrencies by its banks and financial institutions.
ii. As per the central bank of Iran, the ban was necessary since all cryptocurrencies have the capacity to be turned into a means for money-laundering and financing terrorism and in general can be turned into a means for transferring criminals’ money.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Iran Capital- Tehran, Currency- Iranian rial, President- Hassan Rouhani.
  • The Central Bank of the Islamic Republic of Iran is the central bank of Iran.
8. Canada, EU to Host World’s 1st Female Foreign Ministers Meeting
Current Affairs 24th April 2018: Daily GK Update |_10.1
i. Canada and the European Union will host the world’s first 2-Day female foreign ministers’ meeting in September 2018 in Canada. The announcement was made by the Canadian Foreign Minister Chrystia Freeland.
ii. Female Foreign ministers from about 30 countries will be invited to the gathering, which is aimed at deepening global discussion on women’s empowerment.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-

  • Canada Capital- Ottawa, Currency- Canadian dollar, Prime minister- Justin Trudeau.
9. EU, UN Co-Host Conference on Syria Aid
Current Affairs 24th April 2018: Daily GK Update |_11.1
i. The European Union and the United Nations co-chaired a two-day international conference in Brussels, Belgium aiming to pump financial aid for Syrians and garner political support for UN-led intra-Syrian talks.
ii. The conference will bring together participants from more than 85 countries and organisations at the ministerial level, as well as those from over 200 non-governmental organisations. It is the second conference of its kind since 2017.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Syria Capital- Damascus, Currency- Syrian pound, President- Bashar al-Assad.
10. Sushma Swaraj & Nirmala Sitharaman Attends SCO’s Meet in China
Current Affairs 24th April 2018: Daily GK Update |_12.1
i. Defence Minister Nirmala Sitharaman and External Affairs Minister Sushma Swaraj have attended the Shanghai Cooperation Organisation’s (SCO) defence ministers’ and Foreign Ministers meeting in Bejing, China, respectively.
ii. It is a preparatory meeting related to upcoming summit of the SCO. The annual summit of the SCO, in which India is the latest entrant along with Pakistan, will take place in the Chinese city of Qingdao in June 2018.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The SCO, headquartered in Beijing, was founded in 2001.
  • China Capital- Beijing, Currency- Renminbi, President- Xi Jinping.
Ranks and Reports


11. India Highest Recipient Of Remittances In 2017: World Bank
Current Affairs 24th April 2018: Daily GK Update |_13.1
i. India has retained its position as the top remittances receiving country with its diaspora sending about $69 billion back home in 2017, according to the report of the World Bank. Remittances to India picked up sharply by 9.9% to $69 billion in 2017, reversing the previous year’s dip.
ii. The World Bank said remittance inflows improved in all regions and the top remittance recipients were India with $69 billion, followed by China ($64 billion) and the Philippines ($33 billion).
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • President of the World Bank- Jim Yong Kim.
  • Headquarters of World Bank: Washington, DC.

12. The World’s 50 Greatest Leaders 2018: Mukesh Ambani Ranks 24th
Current Affairs 24th April 2018: Daily GK Update |_14.1
i. Richest Indian Mukesh Ambani (24th Rank) and human rights lawyer Indira Jaising (20th Rank) have been named by Fortune magazine as the World’s Greatest Leaders of 2018.
ii. This year’s list is topped by ‘The Students’ of Marjory Stoneman Douglas and other schools of US that witnessed gun violence. This year’s list has the #MeToo Movement, which described the pervasiveness of sexual abuse, at No.3 behind Bill and Melinda Gates (2nd Rank).


Banking/Economy News


13. BoI Inks Pact With NeSL to Share Data Under Insolvency Rules
Current Affairs 24th April 2018: Daily GK Update |_15.1
i. State-run Bank of India (BoI) has entered into an agreement with National E-Governance Services (NeSL) for information utility (IU) arrangement under the Insolvency and Bankruptcy Code (IBC).
ii. As per the agreement, BoI will avail NeSL service to expedite corporate insolvency resolution process.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The NeSL became India’s first information utility (IU) for bankruptcy cases under the ‘Insolvency and Bankruptcy Code (IBC) 2016’ in October 2017.
  • Bank of India Headquarters- Mumbai, CEO- Dinabandhu Mohapatra.
14. Paytm Payments Bank Registers 100M KYC Wallets
Current Affairs 24th April 2018: Daily GK Update |_16.1
i. Paytm Payments Bank now has over 100 million KYC wallets, against the constant campaigning done by the bank about the benefits of the Know Your Customer (KYC) system.
ii. The bank has introduced several options that include Paytm KYC centres and ‘Paytm-Ka-ATM’ outlets to offer more localised support.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Paytm Payments Bank is owned 51 percent by Paytm founder Vijay Shekhar Sharma and 49 percent by One97 Communications Limited.

15. Uttarakhand to Get Rs1,700 crore Aid From ADB
Current Affairs 24th April 2018: Daily GK Update |_17.1
i. The Asian Development Bank (ADB) has agreed in principle to give an aid of 1,700 crore rupees to Uttarakhand for infrastructure development and creation of sewerage treatment facilities in urban areas.
ii. This was conveyed to Chief Minister Trivendra Singh Rawat by the country director of ADB’s India Regiment Mission Kenichi Yokoyama at a meeting in Dehradun.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • President of ADB- Takehiko Nakao, ADB Headquarters- Manila, Philippines, Opened on- 19th December 1966. 
Awards

16. Dadasaheb Phalke Excellence Awards 2018: Complete List of Winners
Current Affairs 24th April 2018: Daily GK Update |_18.1

i. Dadahaheb Phalke Excellence Awards 2018 honoured the individuals from the entertainment industry for their outstanding contribution towards the growth and development of cinema and/or television.
Find the Complete List of Winners Here

17. Egyptian Photographer Mahmoud Abu Zeid Wins UNESCO Press Freedom Prize

Current Affairs 24th April 2018: Daily GK Update |_19.1

i. Jailed Egyptian photographer Mahmoud Abu Zeid, popularly known as Shawkan won the 2018 Guillermo Cano World Press Freedom Prize of the United Nations Educational, Scientific and Cultural Organization’s (UNESCO).

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The UNESCO/Guillermo Cano World Press Freedom Prize was established in 1997 by UNESCO in honour of Guillermo Cano Isaza, a Colombian journalist.
  • France’s Audrey Azoulay- 11th DG of UNESCO, Headquarters- Paris, France.
Sports News

18. India Wins 8th South Asian Judo Championship
Current Affairs 24th April 2018: Daily GK Update |_20.1
i. India has won 8th South Asian Judo Championship held in Lalitpur, Nepal. On the concluding day of the championship, Indian women and men won team events. Keeping the unbeaten streak, Indian women whitewashed the championship by beating host Nepal in the final of team events.
ii. Indian men also won the team championship. They defeated Pakistan by 3-2 in the final. Earlier Indian women grabbed all 7 gold medals in the individual category while men bagged 3 gold and 3 bronze medals. 
iii. India topped the medal tally winning 10 Gold and 3 Bronze medals in the individual category. Host Nepal remained second and Pakistan got third place. 
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Col. Rajyavardhan Singh Rathore is the Minister of State (I/C) of the Ministry of Youth Affairs and Sports.


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