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. PM Lays Foundation Stone For Various Development Projects In Varanasi
i. The Prime Minister Narendra Modi inaugurated or laid the foundation stone of important projects, cumulatively worth over Rs. 900 crore in Varanasi. Among the projects inaugurated are the Varanasi City Gas Distribution Project and the Varanasi-Ballia MEMU train.
ii. The foundation stone was laid for the Panchkoshi Parikrama Marg and several projects under the Smart City Mission and Namaami Gange. The Prime Minister also laid the Foundation Stone for an International Convention Centre in Varanasi. He also laid the Foundation Stone of the 340 km long Poorvanchal Expressway in Azamgarh in Uttar Pradesh.
ii. The foundation stone was laid for the Panchkoshi Parikrama Marg and several projects under the Smart City Mission and Namaami Gange. The Prime Minister also laid the Foundation Stone for an International Convention Centre in Varanasi. He also laid the Foundation Stone of the 340 km long Poorvanchal Expressway in Azamgarh in Uttar Pradesh.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- UP Chief Minister- Yogi Adityanath, Governor – Ram Naik
2. India Becomes Vice Chair Of Asia Pacific Region of World Customs Organisation
i. India has become the Vice-Chair (Regional Head) of the Asia Pacific Region of World Customs Organisation (WCO) for a period of two years (from July 2018 to June 2020). The underlying Theme of the Inaugural Ceremony is “Customs – Fostering Trade Facilitation”.
ii. The WCO has divided its Membership into six Regions. Each of the six Regions is represented by a regionally elected Vice-Chairperson to the WCO Council. Being the Vice Chair of AP Region of WCO will enable India to take on the leadership role.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- World Customs Organization Headquarters in Brussels, Belgium.
- Kunio Mikuriya (Japan) is the Secretary-General of WCO.
3. PM Modi Dedicates Bansagar Canal Project To Nation In Mirzapur
i. The Prime Minister Narendra Modi dedicated the Bansagar Canal Project to the Nation in Mirzapur, Uttar Pradesh. This project will provide a big boost to irrigation in the region, and will be greatly beneficial for the farmers of Mirzapur and Allahabad districts of Uttar Pradesh.
ii. He inaugurated 100 Jan Aushadhi Kendras in the State. He also dedicated a bridge over the River Ganga at Balughat, Chunar, which will facilitate connectivity between Mirzapur and Varanasi.
4. SCM BrahMos Test Fired Under Extreme Conditions
i. India’s supersonic cruise missile (SCM) BrahMos was test fired from Odisha’s Chandipur range launch pad under extreme conditions. The test was conducted in order to increase the longevity of its life.
ii. BrahMos Aerospace is a joint venture between India’s Defence Research and Development Organisation and NPOM of Russia. It is responsible for designing, developing and producing the missile. The missile can cruise at speeds of up to Mach 3.0, or three times the speed of sound.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Nirmala Sitharaman is the present Defence Minister of India.
- General Bipin Rawat is the present and 27th Chief of Army Staff of Indian Army.
5. Ravi Shankar Prasad Unveils Goa IT Policy 2018
i. Union minister for electronics and IT and law and justice Ravi Shankar Prasad unveiled the Goa IT Policy 2018 at the Inox complex in Panaji on the final day of Goa IT Day celebrations.
ii. The Goa IT Policy focuses on infrastructure development, fiscal incentives, governance and human resource development. The policy offers special incentives for solar power-based units, internet subsidy and assistance for campus recruitment.
ii. The Goa IT Policy focuses on infrastructure development, fiscal incentives, governance and human resource development. The policy offers special incentives for solar power-based units, internet subsidy and assistance for campus recruitment.
6. University of Houston Signs MoU with Indian Institute of Petroleum and Energy
i. The University of Houston, Texas has signed an MoU with the Indian Institute of Petroleum and Energy (IIPE) to build scientific and technical knowledge through joint research.
ii. It covers key areas of possible collaboration in faculty exchanges, offshore and onshore petroleum engineering, process control systems and process safety in all chemical engineering fields and non-conventional energy areas.
ii. It covers key areas of possible collaboration in faculty exchanges, offshore and onshore petroleum engineering, process control systems and process safety in all chemical engineering fields and non-conventional energy areas.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- IIPE was established in 2016 in Andhra Pradesh initiated by the Ministry of Petroleum and Natural Gas.
7. World’s 1st And Cheapest Clean Drinking Water Project Launched In Bihar
i. The first of world’s cheapest drinking water project was launched in Darbhanga district, Bihar. This was launched by Sulabh International, an organisation that introduced the concept of ‘Sulabh Sauchalya’ in the country.
ii. It would be managed by Self Help group of Darbhanga Nagar Nigam. With the help of this project, the people will easily be able to get pure and clean water only in 50paisa/litre.
ii. It would be managed by Self Help group of Darbhanga Nagar Nigam. With the help of this project, the people will easily be able to get pure and clean water only in 50paisa/litre.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Bihar CM- Nitish Kumar, Governor- Satya Pal Malik.
8. MCA Constitutes 10-Member Committee To Review Offences Under Companies Act, 2013
i. The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs Mr Injeti Srinivas, for review of the penal provisions in the Companies Act, 2013.
ii. It has been setup to examine ‘de-criminalisation’ of certain offences. The Committee shall submit its report within thirty days to the Central Government for consideration of its recommendations.
ii. It has been setup to examine ‘de-criminalisation’ of certain offences. The Committee shall submit its report within thirty days to the Central Government for consideration of its recommendations.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Mr Piyush Goyal is the Minister of Corporate Affairs.
International News
9. In a First, India-Pakistan To Be Part Of Anti-Terror SCO Drill In Russia
i. Militaries of India and Pakistan will be part of a mega anti-terror drill in Russia named “Peace Mission” in August 2018 which is being organised by the Shanghai Cooperation Organisation (SCO).
ii. The exercise will be joined by all SCO member countries including Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan. It will be for the first time since Independence that India and Pakistan will both be part of a military exercise.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Russia Capital- Moscow, Currency- Russian ruble, President- Vladimir Putin.
10. Donald Trump, Vladimir Putin Holds 1st Summit At Helsinki In Finland
i. US President Donald Trump and his Russian counterpart Vladimir Putin held the first summit at Helsinki in Finland. Trump’s meeting with Putin comes days after a federal grand jury indicted 12 Russian intelligence officials on charges of hacking the servers of the Democratic National Committee and that of its 2016 presidential candidate Hillary Clinton.
ii. Host Finland President Sauli Niinisto met Trump before Trump and Putin sit down to a bilateral meeting first without aides and then with their teams of support staff.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Capital: Helsinki Trending, Currency: Euro.
11. EAM Sushma Swaraj Co-Chairs Joint Commission Meet in Bahrain
i. External Affairs Minister Sushma Swaraj co-chaired the second joint commission meeting with her Bahraini counterpart Shaikh Khalid Bin Ahmed Bin Mohamed Al Khalifa. Issues of trade, investment and counter-terror cooperation discussed at the joint commission meeting.
ii. The External affairs minister jointly inaugurated impressive Embassy of India Complex in Manama. The new embassy complex is equipped with State-of-the-art Facilities to cater the growing need of people of both countries.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Manama is the capital city of Bahrain.
- Bahraini dinar is the currency of Bahrain.
- The first meeting of the High Joint Commission (HJC) was held in New Delhi in February 2015.
12. India, Bangladesh Sign Revised Travel Agreement
i. India signed a revised travel agreement with Bangladesh to ease visa restrictions for citizens from the neighbouring country. The agreement was signed between the two countries in Dhaka in presence of visiting Home Minister Rajnath Singh and his counterpart Asaduzzaman Khan.
ii. Under the Revised Travel Arrangement (RTA)-2018, freedom fighters and elderly Bangladeshi nationals will get five-year multiple visa from India.
ii. Under the Revised Travel Arrangement (RTA)-2018, freedom fighters and elderly Bangladeshi nationals will get five-year multiple visa from India.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Bangladesh PM- Sheikh Hasina, Capital- Dhaka, Currency- Bangladeshi Taka.
Banking/Economy News
13. WPI Inflation At 4.5-Year High, Grows 5.77% in June
i. According to the data of the commerce and industry ministry, India’s wholesale inflation grew 5.77% in June, a four-and-half-year high, driven by some food items and fuel price.
ii. A higher inflation in the month of June can also be attributed to an unfavourable base effect. WPI witnessed a growth of 4.43% in May and 0.90% in June 2017.
ii. A higher inflation in the month of June can also be attributed to an unfavourable base effect. WPI witnessed a growth of 4.43% in May and 0.90% in June 2017.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Piyush Goyal is the Present Finance Minister of India.
- Wholesale inflation rate, measured by Wholesale Price Index (WPI), is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices.
14. LIC Board Approves IDBI Bank Stake Purchase
i. The board of Life Insurance Corporation of India (LIC) has approved the proposal for the insurer to hold a 51% stake in IDBI Bank. The announcement was made by Subhash Chandra Garg, Secretary, Department of Economic Affairs.
ii. The life insurer has around 7.5% stake in LIC at present and will acquire the remaining stake from the government.
ii. The life insurer has around 7.5% stake in LIC at present and will acquire the remaining stake from the government.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- IDBI Bank Headquarters in Mumbai.
- B Sriram was appointed as the IDBI Bank’s CEO and Managing Director recently.
15. SBI And NABARD Tie-Up For Credit In Telangana
i. State Bank of India and National Bank for Agriculture and Rural Development (NABARD) have joined hands to provide collateral-free credit through Joint Liability Groups (JLGs) in Telangana.
ii. The two signed an MoU, along with seven NGOs from Nizamabad, Medak and Warangal districts, for the promotion and credit linkage of 2,000 JLGs during the current year.
ii. The two signed an MoU, along with seven NGOs from Nizamabad, Medak and Warangal districts, for the promotion and credit linkage of 2,000 JLGs during the current year.
Static/Current Takeaways Important for Bank of India Exam 2018-
- SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Established on- 01st July 1955.
- NABARD Chairman- Harsh Kumar Bhanwala, Headquarters- Mumbai, Established on- 12 July 1982.
Appointments
16. Haryana Governor Gets Additional Charge Of Himachal Pradesh
i. Haryana Governor Kaptan Singh Solanki was given the additional charge of Himachal Pradesh by President Ram Nath Kovind.
ii. He has been appointed during the absence of Himachal Governor Acharya Devvrat, who is on leave.
ii. He has been appointed during the absence of Himachal Governor Acharya Devvrat, who is on leave.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Manohar Lal Khattar is the Present Chief Minister of Haryana.
17. Bhushan Steel Appoints Tata Steel’s TV Narendran As Chairman
i. Bhushan Steel has approved the appointment of TV Narendran as Chairman and Non-Executive Additional Director of the company.
ii. Narendran, CEO and MD of Tata Steel, has over 30 years of experience in the metal and mining industry. Tata Steel acquired controlling stake of 72.65% in Bhushan Steel in accordance with Rs35,200-crore resolution plan for the bankrupt steelmaker.
ii. Narendran, CEO and MD of Tata Steel, has over 30 years of experience in the metal and mining industry. Tata Steel acquired controlling stake of 72.65% in Bhushan Steel in accordance with Rs35,200-crore resolution plan for the bankrupt steelmaker.
Awards
18. 8-Year-Old Indian-Origin Yoga Champion Named ‘British Indian Of The Year’
i. An eight-year-old Indian-origin schoolboy Ishwar Sharma, who is the under-11 UK national yoga champion has been named the ‘British Indian of the Year’ in the young achiever category for his accomplishments in the field.
ii. Ishwar Sharma has won a string of titles in both individual and artistic yoga, most recently a gold medal representing Great Britain at the World Student Games 2018 in Winnipeg, Canada.
ii. Ishwar Sharma has won a string of titles in both individual and artistic yoga, most recently a gold medal representing Great Britain at the World Student Games 2018 in Winnipeg, Canada.
Sports News
19. FIFA World Cup 2018 Concludes | France Emerged As Champions
i. The 21st edition of the FIFA World Cup concluded in Luzhniki Stadium in the Russian capital of Moscow. 32 nations, divided into eight groups, battled it out for the coveted trophy in the quadrennial month-long event.
ii. France emerged as the champion team of the FIFA World Cup 2018. It has defeated Croatia in a thrilling final by 4-2. It was the second world cup win for France, it first won in 1998.
20. Wimbledon Championships 2018: Complete List of Winners
i. The 2018 Wimbledon Championships is a Grand Slam tennis tournament which takes place at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom.
ii. Novak Djokovic won the men’s singles Title for the fourth time. Angelique Kerber won the Ladies’ Singles title.
ii. Novak Djokovic won the men’s singles Title for the fourth time. Angelique Kerber won the Ladies’ Singles title.
21. World Junior Wushu Championships Concludes in Brazil
i. The Indian team won four silver medals and five bronzes (total 9 medals) at the 7th World Junior Wushu Championships in Brasilia, Brazil.
ii. Egypt raised their medal record to seven as Mohamed Amin and Samira Mousa added two bronze medals.
ii. Egypt raised their medal record to seven as Mohamed Amin and Samira Mousa added two bronze medals.
22. 36th Golden Glove Of Vojvodina Youth Tournament: India Clinches Top Spot
i. Indian boxers ruled the ring at the 36th Golden Glove of Vojvodina youth tournament, ending with seven gold medals to claim the overall top spot in the event in Subotica, Serbia. Four men and three women clinched gold medals at the tournament, which featured 17 countries.
ii. India finished first with 17 medals, including six silver and four bronze. Russia fetched 11 medals (3 gold, 2 silver and 6 bronze), but ended up third behind Kazakhstan, who had a better gold medal count (5) in their overall haul of seven medals.
ii. India finished first with 17 medals, including six silver and four bronze. Russia fetched 11 medals (3 gold, 2 silver and 6 bronze), but ended up third behind Kazakhstan, who had a better gold medal count (5) in their overall haul of seven medals.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Serbia Capital: Belgrade, Currency: Serbian dinar.
23. Angelique Kerber Wins Maiden Wimbledon Title
i. Former world number one Angelique Kerber defeated seven-time champion Serena Williams in the women’s singles final to clinch her first-ever Wimbledon title. Angelique Kerber hails from Germany.
ii. Overall, it was the 30-year-old’s third Grand Slam title after having won the Australian Open and US Open in 2016.
ii. Overall, it was the 30-year-old’s third Grand Slam title after having won the Australian Open and US Open in 2016.
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- The Championships Wimbledon is the oldest tennis tournament in the world.
- It is held in London, UK.
Obituaries
24. Kannada Poet M.N. Vyasa Rao Passes Away
i. Kannada poet and film song lyricist M.N. Vyasa Rao passed away in Bengaluru, Karnataka. He was 73.
ii. He was also a recipient of the Karnataka Rajya Sahitya Academy award for his short story collection titled Maleyalli Neneda Maragalu.
ii. He was also a recipient of the Karnataka Rajya Sahitya Academy award for his short story collection titled Maleyalli Neneda Maragalu.
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