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!!
National News
1. Cabinet Approves New Umbrella Scheme ‘Pradhan Mantri Annadata Aay Sanrakshan Abhiyan’
i. The Union Cabinet approved new Umbrella Scheme ‘Pradhan Mantri Annadata Aay Sanrakshan Abhiyan, PM-AASHA.
ii. The Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018 the announcement was made by the Agriculture Minister Radha Mohan Singh in New Delhi. The Cabinet has decided to give additional government guarantee of Rs.16,550 crore making it Rs. 45,550 crore in total.
ii. The Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018 the announcement was made by the Agriculture Minister Radha Mohan Singh in New Delhi. The Cabinet has decided to give additional government guarantee of Rs.16,550 crore making it Rs. 45,550 crore in total.
iii. The new Umbrella Scheme includes the mechanism of ensuring remunerative prices to the farmers and is comprised of:
1. Price Support Scheme (PSS),
2. Price Deficiency Payment Scheme (PDPS), and
3. Pilot of Private Procurement and Stockist Scheme (PPPS).
2. PM Modi Announces Launch Of ‘Swachhata Hi Seva Movement’
i. To mark the 150th birth anniversary of Mahatma Gandhi, Prime Minister Narendra Modi announced the launch of ‘Swachhata Hi Seva Movement’.
ii. The mission, which also celebrates the fourth anniversary of the Swaccha Bharat Mission will take place across the length and breadth of the country and will continue till Mahatma Gandhi’s 150th birth anniversary on October 2.
3. BSNL, Unlimit Ink Partnership For IoT/M2M Services In India
i. Unlimit, end-to-end IoT service provider in India announced its partnership with State-owned Bharat Sanchar Nigam Limited (BSNL) to offer comprehensive Internet of Things (IoT) solutions and services to the enterprise customers across India.
ii. The partnership between Unlimit and BSNL will leverage seamless wireless network footprint pan India to provide its solutions and services across industries. T
ii. The partnership between Unlimit and BSNL will leverage seamless wireless network footprint pan India to provide its solutions and services across industries. T
Static/Current Takeaways Important for IBPS RRB Mains 2018-
- BSNL was incorporated on 15th September 2000.
- Headquarters of BSNL is in New Delhi.
- Anupam Shrivastava is the Chairman & Managing Director and Director of BSNL.
4. Government Approves 100% Electrification Of Railways By 2021-22
i. The Union cabinet approved a proposal for the complete electrification of Indian Railways by 2021-22, reducing dependence on imported fossil fuel and saving revenue for the national carrier.
ii. The move will cost the government Rs12,134 crore. The announcement was made by the Railways Minister, Mr Piyush Goyal.
ii. The move will cost the government Rs12,134 crore. The announcement was made by the Railways Minister, Mr Piyush Goyal.
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Piyush Goyal is the present Cabinet Minister of Indian Railways.
- Indian Railways is one of the largest rail networks in the world with 67,368km of tracks and 22,550 trains that carry 22.24 million passengers and 3.04 million tonnes of freight every day.
International News
5. Sushma Swaraj embarks on a two-day visit to Moscow
i. External Affairs Minister Sushma Swaraj left for a two-day visit to Moscow, Russia. During this visit, she will attend the meeting of 23rd India-Russia Inter-Governmental Commission on Technical and Economic Cooperation (IRIGC-TEC).
ii. It will be co-chaired by Swaraj and Yuri Borisov, Deputy Prime Minister of the Russian Federation. IRIGC-TEC is a standing body which annually meets and reviews ongoing activities of bilateral cooperation in the fields of investment, bilateral trade and, science and technology, culture and other issues of mutual interest.
Static/Current Takeaways Important for Indian Bank PO Exam 2018:
- IRIGC-TEC: India-Russia Inter-Governmental Commission on Technical and Economic Cooperation
- Russian Capital: Moscow, Currency: Ruble, President: Vladimir Putin
- IRIGC-TEC last meeting: December 2017, Delhi.
6. Hunger Reached ‘Alarming’ 10-year high in 2017: UN Report
i. As per a UN report on the ‘state of food security and nutrition in the world’, the number of undernourished globally increased to 821 million in 2017, which means that one in every nine people, does not have enough to eat.
ii. It was published by the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), World Food Programme (WFP), UN Children’s Fund (UNICEF) and the World Health Organization (WHO). The increase is mostly due to three drivers across the world:
ii. It was published by the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), World Food Programme (WFP), UN Children’s Fund (UNICEF) and the World Health Organization (WHO). The increase is mostly due to three drivers across the world:
1. the intensification of conflict,
2. an economic downturn, and
3. the effects of climate change.
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Antonio Guterres is the Secretary-General of the United Nations.
- The UN Headquarters in New York, United States.
7. India, Iran and Afghanistan Hold Tripartite Meeting To Consolidate Cooperation
i. India, Iran and Afghanistan held their first tripartite meeting in Kabul, Afghanistan during which implementation of the Chabahar port project and a host of other issues including ways to deepen counter-terror cooperation were discussed.
ii. The Indian delegation was led by Foreign Secretary Vijay Gokhale while the Iranian team was headed by Deputy Foreign Minister Abbas Araghchi. Afghan deputy foreign minister Hekmat Khalil Karzai chaired the meeting.
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Iran Capital: Tehran, Currency: Iranian rial.
- Afghanistan Capital: Kabul, Currency: Afghan afghani.
Business News
8. Samsung Opens World’s Largest Mobile Experience Centre In Bengaluru
i. After launching the world’s largest mobile phone-manufacturing factory in Noida in July 2018, Samsung has now opened its biggest experience centre in Bengaluru, Karnataka.
ii. Opera House, the 33,000 sq ft iconic building in the city’s central business district, has been given a facelift to showcase Samsung’s mobile devices and other consumer electronic products. It has a service centre for phones and is equipped with high-speed public Wi-Fi.
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Samsung Headquarters in: Seoul, South Korea, Founder: Lee Byung-chul.
Awards
9. 1st Ever Secondary Steel Sector Awards For Contribution To National Economy
i. Ministry of Steel gave away Secondary Steel sector awards, for the first time, to 26 mini steel companies in recognition of their contribution to the national economy.
ii. The awards were given by Union Minister of Steel, Chaudhary Birender Singh, at a function in New Delhi. Twelve companies were awarded Gold Certificates and 14 Silver Certificates for their performance during 2016-17.
Here is the complete List of Winners of Secondary Steel Sector Awards
ii. The awards were given by Union Minister of Steel, Chaudhary Birender Singh, at a function in New Delhi. Twelve companies were awarded Gold Certificates and 14 Silver Certificates for their performance during 2016-17.
Here is the complete List of Winners of Secondary Steel Sector Awards
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- India is the 3rd largest steel producer in the world.
- Steel contributes to over 2% to India’s GDP and creates a virtuous cycle of employment generation throughout the economy.
- Chaudhary Birender Singh is the Present Steel Minister of India.
Obituaries
10. Agri-economist & Padma Bhushan laureate Vijay Shankar Vyas passes away
i. Renowned agricultural economist and former PM’s Economic Advisory Committee member Professor Vijay Shankar Vyas died after a brief illness. He was 87. He was the director of the Indian Institute of Management (IIM), Ahmedabad, and the Institute of Development Studies (IDS), Jaipur.
ii. Vyas was a senior adviser in the World Bank’s agriculture and rural development department. He was also a member of the PM’s Economic Adviser Committee.
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