Current Affairs 30th March 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!!

National News

1. Prakash Javadekar Inaugurates Smart India Hackathon Grand Finale 2018-Software Edition

 

i. Human Resource Development Minister Prakash Javadekar has inaugurated the Smart India Hackathon Grand Finale 2018 -Software edition in New Delhi. He stated that Hackathon aims to build Digital India and to engage the youth directly in nation-building. it is intended to promote innovation, out-of-the-box thinking in young minds.

ii. One lakh students from 1,200 colleges are participating at the world’s largest Hackathon. 

2. Madhya Pradesh Has The Highest Number Of Tribal Habitations In The Country

i. Madhya Pradesh has the highest number of  55770  fully covered tribal habitations with the safe drinking water in the country followed by Odisha and Jharkhand.

ii. The Ministry of Drinking Water and Sanitation has informed that under the Scheme ‘National Rural Drinking Water Programme (NRDWP), 10% of the total allocation of funds is earmarked to be used for the supply of drinking water to Scheduled Tribe (ST) dominated habitations. 

3. First National Conclave On Psychological Trauma, Child Protection, And Mental Illnesses In New Delhi

i. With an aim to provide a comprehensive synthesis of research, service provision, and clinical practice in addressing psychological trauma and subsequent mental illnesses in Indian children and adolescents, First, ever National conclave was held in New Delhi by the Ministry of Women & Child Development, in collaboration with the Dept. of Psychiatry. 

ii. The Conclave was inaugurated by Hon’ble Minister of State for Women and Child Development, Dr. Virendra Kumar. 

Agreements/ MoU

4. Cabinet Approves MoU Between India And United Kingdom And Northern Ireland

i. The Union Cabinet has approved the signing of MoU between India and the United Kingdom and Northern Ireland regarding cooperation and Exchange of Information for the Purposes of Combating International Criminality and Tackling Serious Organised Crime.

ii. India and U.K. already have an agreement concerning the investigation and prosecution of crime and the tracing, restraint, and confiscation of the proceeds and instruments of crime (including crimes involving currency transfers) and terrorist funds, which was signed in 1995.

5. Cabinet Approves MoU Between India And Canada On IPRs

i. The Union Cabinet chaired by PM Narendra Modi has given its ex-post approval for MoU between India and Canada. The MoU was signed to establish bilateral cooperation activities in the field of Intellectual Property (IP). The MoU is intended to promote innovation, creativity and economic growth in both countries.

ii. The MoU establishes a broad and flexible framework through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness on IPRs and better protect intellectual property rights (IPRs).

Appointments 

6. SC Appoints Justice Jawad Rahim As Acting Head For NGT

i. The Supreme Court appointed Justice Jawad Rahim—a former judge of the Karnataka High Court—as acting chairman of the National Green Tribunal (NGT), three months after the previous chairperson retired. The NGT’s previous chairman, Ju  Jawad Rahim— justice Swatanter Kumar—a former Supreme Court judge—retired in December 2017.

ii. Currently, a Judicial Member of the NGT, Justice Rahim was chosen over due to his seniority over other judges—including another senior judge, Justice Raghuvendra S Rathore.

Economy

7. Long-Term Capital Gains Tax To Come Into Effect From 01st April

i. Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding Rs 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

ii. Besides, other tax proposals like the reduced corporate tax of 25 percent on businesses on a turnover of up to Rs 250 crore and a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement, will come into effect from 01st April 2018.

International

8. NASA To Send First Mission To Study ‘Heart’ Of Mars

i. NASA is all set to send the first-ever mission dedicated to exploring the deep interior of Mars. Scheduled to launch on 5 May, InSight—a stationary lander—will also be the first Nasa mission since the Apollo moon landings to place a seismometer, a device that measures quakes, on the soil of another planet. 

ii. InSight or the Interior Exploration using Seismic Investigations, Geodesy and Heat Transport mission, carries a suite of sensitive instruments to gather data.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-