Current Affairs 25th and 26th February 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. Apart from the GA Section, an excellent knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee's simple questions. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!!

Current Affairs 25th and 26th February 2018: Daily GK Update

National News

1. PM Modi Launches Amma Two-Wheeler Scheme in Chennai

i. Prime Minister Narendra Modi launched the Amma Two Wheeler Scheme (in Chennai) of the state government coinciding with the birth anniversary of former Chief Minister of Tamil Nadu, Jayalalithaa.
ii. The scheme, with the objective of enhancing the livelihood of working women, aims to provide subsidised two-wheelers to women, transgenders and differently-abled persons.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Tamil Nadu CM- E Palanisami, Governor- Banwarilal Purohit.

2. PM Modi Flags Off 'Run for New India' Marathon in Surat

i. Prime Minister Narendra Modi flagged off the 'Run for New India' marathon in Surat, Gujarat. The Marathon is aimed at creating awareness about social causes and call upon all to resolve to build a New India.
ii. The Marathon is divided into 4 categories. Around 1.50 lakh runners participated in the 'Run for New India' marathon which was organized by the Surat Nagrik Samiti.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Chief Minister of Gujarat- Vijay Rupani, Governor- Om Prakash Kohli.

3. PM Modi Inaugurates Projects Worth 1000 crores in Daman

i. Prime Minister Narendra Modi laid foundation stones for projects worth 1000 crore rupees in Daman in the union territory of Daman and Diu. PM distributed keys for scooters to differently-abled beneficiaries, 'SWABHIMAN' cards to pregnant and Lactating Women, 'Badhai Kit' to the newly born girl children under 'Beti Bachao, Beti Padhao'.
ii. PM also distributed cycles to school going girls under Saraswati Cycle Yojna, extended loans under 'Pradhan Mantri MUDRA Yojna' and 'Pradhan Mantri Jeevan Jyoti Bima Yojana' to beneficiaries. 

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Governor of Daman Diu- Praful Khoda Patel.

4. 15th Edition of BioAsia 2018 Held in Hyderabad

i. The 15th edition of BioAsia, the annual flagship event of the Government of Telangana, was held Hyderabad. The theme of BioAsia 2018 was “Right Time, Right Now” focusing on strategies to keep up with the pace of change and innovative ways to develop new models for distribution & healthcare delivery.
ii. Ireland, Netherlands and South Africa were the International Partners while Gujarat, Assam and Rajasthan were the partner states for this event.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Telangana CM- Chandrasekhar Rao, Governor- ESL Narasimhan.

5. Tamil Nadu, Microsoft Tie-Up to Accelerate Cloud Technology Adoption

i. The government of Tamil Nadu announced signing an agreement with IT Major Microsoft to improve the integration of technology in teaching and learning in the state.
ii. The partnership aims to reform education sector, build tech capacity and enhance digital literacy across all levels.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Tamil Nadu CM- E Palanisami, Governor- Banwarilal Purohit.

6. 7th Meeting of EPG on Nepal-India Relations Concludes

i. The seventh meeting of Eminent Persons Group (EPG) on Nepal-India relations has concluded in Kathmandu, Nepal. Various bilateral issues including 1950 Peace and Friendship treaty, trade, environment, border and hydropower were discussed during the two-day meeting.
ii. EPG is a joint mechanism consisting experts and intellectuals from India and Nepal. It was set up in February 2016 to provide suggestions for updating all existing bilateral treaties and agreements between both the countries. Next meeting of the group will be held in New Delhi.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Nepal Capital- Kathmandu, PM- K P Sharma Oli.

7. Andaman & Nicobar Command to Host Milan 2018

i. The second week of March will witness Andaman & Nicobar Command hosting a multinational mega event MILAN 2018. MILAN is a congregation of littoral navies conducted biennially by Indian Navy at the Andaman and Nicobar Islands.
ii. The theme of this year’s MILAN International Maritime Seminar is ‘In Pursuit of Maritime Good Order - Need for Comprehensive Information Sharing Apparatus’.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • MILAN was first held in 1995. 

8. International Conference on Sustainable Biofuels Begins in New Delhi

i. A two-day International Conference on Sustainable Biofuels organized by Department of Biotechnology has begun in New Delhi. Union Minister for Science and technology Dr. Harsh Vardhan inaugurated the Conference.
ii. This event aims to provide a common platform to Government policy makers, industry, investors and research community to exchange experiences and challenges related to development and scaling of advanced biofuels.

9. National Conference on e-Governance in Hyderabad

i. The 21st national conference on e-Governance will be held in Hyderabad. The government of India and Telangana Administrative Reforms department are jointly organising the conference with the main theme around- technology for accelerating development.
ii. The two-day conference will deliberate on several aspects of the e-governance including its universalization and replication, governing e-governance, best practices, emerging technologies and synergising role of national and state governments.

10. DRDO Successfully Carries Out Test flight of Rustom-2 Drone

i. Defence Research and Development Organisation (DRDO) has successfully flown its Unmanned Combat Aerial Vehicle RUSTOM 2 in Karnataka.
ii. DRDO is developing within India a medium-altitude long-endurance unmanned aerial vehicle RUSTOM 2. It has the capability to fly for 24 hours at a stretch at over 200 km/hr speed, and can, not only conduct sustained surveillance but will be able to destroy enemy targets.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • DRDO Chairman- S Christopher, Headquarters- New Delhi.

Banking News

11. State Bank of India Set for UK Restructuring

i. State Bank of India (SBI) is set for a major restructuring of its business in the United Kingdom from April. SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in compliance with wider ring-fencing of capital requirements by the Bank of England.
ii. The move will mean that all retail branches of SBI in the UK will fall under a new UK-incorporated banking entity instead of their previous status as overseas branches of the Indian entity.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Established on- 01st July 1955.

Sports News

12. Aruna Budda Reddy Becomes 1st Indian to Win Individual Medal at Gymnastics World Cup

i. Aruna Budda Reddy has created history by becoming the first Indian to win an individual medal at the Gymnastics World Cup in Melbourne, Australia. She clinched a Bronze medal in the Women’s Vault.
ii. Aruna, who hails from Hyderabad, scored 13.649 average points to finish third and claim the bronze medal at the Hisense Arena. Tjasa Kysslef of Slovenia took home the Gold, while Emily Whitehead of Australia won the Silver.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Australia Capital- Canberra, Currency- Australian Dollar, Prime Minister- Malcolm Turnbull.

13. Parupalli Kashyap wins Austrian Open

i. Reigning Commonwealth Games champion Parupalli Kashyap overcame Malaysia's June Wei Cheam in straight games in the men's singles final to clinch the Austrian Open International Challenge, his first international title in over three years.
ii. The Indian looked in good touch throughout the tournament as he didn't drop a single game en route to his title win.


14. Legendary Bollywood actress Sridevi passes away

i. Veteran Bollywood actress and Padma Shri awardee Sridevi, who had an illustrious career spanning over four decades, passed away. She was 54.
ii. Sridevi was died due to cardiac arrest in Dubai.

15. Former Cabinet Secretary T.S.R. Subramanian Passes Away

i. Former Cabinet Secretary T.S.R. Subramanian passed away. He was 79. Mr Subramanian was a 1961 batch officer of the Uttar Pradesh cadre. 
ii. He served as Cabinet Secretary from August 1996 to March 1998.
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