Saturday, 28 October 2017

Current Affairs: Daily GK Update 28th October 2017

Dear Readers,

Study Daily Current Affairs from Daily GK Update on Bankersadda and Adda247 app, and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS RRB PO and with the daily dose of current affairs, you can easily prepare G.A and score well.
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i. To strengthen maritime security, India and the United States have agreed to implement the program for Helicopter Operations from Ships Other Than Aircraft Carriers (HOSTAC).
ii. A decision in this regard was taken by Defense Minister Nirmala Sitharaman and her US Counterpart Jim Mattis during their meeting in the Philippines on the sidelines of the ASEAN Defense Ministers' Meeting-Plus. They "agreed on the importance of a rules-based international order" in which all nations are able to prosper, and the "need to work together" against the common threat of terrorism.

Important Takeaways from Above News for IBPS RRB Mains Exam-
  • Jim Mattis had travelled to India in September 2017.
  • Nirmala Sitharaman is also a member of the Rajya Sabha for Karnataka.
  • She is the second female Defence Minister of India.


i. Jacinda Ardern was officially sworn in as the Prime Minister of New Zealand. At the age of 37, Ardern is the youngest New Zealand PM in 150 years. 
ii. She is also the country's third woman leader. This was the first time New Zealand adopted proportional voting since 1996.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • Dame Jenny Shipley was the first woman Prime Minister followed by Helen Clark.
  • Wellington is the capital of New Zealand.
  • New Zealand dollar is the currency of New Zealand.


i. Burundi became the first nation ever to leave the International Criminal Court (ICC), set up 15 years ago to prosecute those behind the world’s worst atrocities.
ii. Burundi is the only one of three African nations to go ahead with its withdrawal after making moves last year to leave amid accusations that the court focuses too much on the continent.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • The ICC was established in 2002. 
  • It is based in the Hague, the Netherlands.
  • Bujumbura is the capital of Burundi and Burundian franc is its currency.


i. Reliance Industries Ltd (RIL) became the first Indian company to cross Rs 6 trillion market capitalization after its shares surged over 75% so far this year and hit a fresh lifetime high.
ii. Currently, its market cap is at Rs 6.02 trillion. The recent rally in the stock was due to tariff hike by its telecom arm Reliance Jio which, analysts expect, will improve the company’s profitability.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • Mukesh Ambani is the CEO of Reliance Industries Limited.


i. According to Forbes magazineJeff Bezos surpassed Bill Gates as the richest person in the world. The fortune of Amazon's founder reached some $90.6 billion, compared with the $90.1 billion that the online edition of the magazine attributes to Gates.
ii. This is not the first time that Bezos has outpaced Gates - it previously happened in July 2017 when Amazon shares hit a historic high, though Gates took back the lead hours later.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • Jeff Bezos has been on the Forbes list of the richest billionaires since 1998, a year after his e-commerce giant went public.


i. India overtakes the US to become the world’s second-largest smartphone market, trailing only China, according to a new report by analyst firm Canalys.
ii. In the second quarter of 2017, India’s smartphone market recovered quickly with shipments growing 23% year-on-year in the third quarter to reach just over 40 million units. Low smartphone penetration and the explosion of LTE (long-term evolution, or 4G) are the main drivers behind this.

Important Takeaways from Above News for RRB PO Mains Exam-
  • The top five vendors Samsung Electronics, Xiaomi Inc., Vivo Electronics Corp., Oppo Electronics Corp. and Lenovo Mobile Communication Technology Ltd now accounting for 75% of total shipments in India.
  • Samsung and Xiaomi accounted for almost half of the total market in Q3 2017.


i. Tech major SAP announced the launch of Asia Pacific Japan (APJ) region's first SAP Leonardo Center in Bengaluru. The fourth SAP Leonardo Center globally, the facility is a go-to place for SAP's ecosystem for digital inspiration and co-innovation.
ii. Other SAP Leonardo Centers locations include New York-US, Paris-France, and Sao Leopoldo-Brazil. It combines a high concentration of customers and partners with one of SAP's largest market units.


i. Andhra Pradesh Chief Minister N Chandrababu Naidu has received the Golden Peacock Award under the category 'Global Leadership in Public Service and Economic Transformation' at a convention in London at 17th London Global Convention.
ii. Mr. Naidu received the award for his excellence in public service. In the 1st quarter of 2017-18, Andhra Pradesh has registered a growth rate of 11.72 percent double the country's average.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • The Golden Peacock Award is instituted by the Institute Of Directors (IOD) of India in 1991.


i. India's Amanpreet Singh clinched a bronze medal in his maiden appearance in an ISSF World Cup Final, in New Delhi. Jitu Rai fizzled out to finish seventh on the fourth day of competition.
ii. World Cup silver medallist Amanpreet shot 202.2 to win the bronze in the final of men's 50m pistol. Rai could manage only 123.2 to finish last in the seven-man final. This was India's first individual medal in the ongoing edition of the prestigious tournament.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • Jitu Rai and Heena Sidhu have won the gold in 10m mixed air pistol on an opening day.


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