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Current Affairs 27th 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!!

Current Affairs 27th March 2018: Daily GK Update

National News


1. Asia’s Largest Tulip Garden in Srinagar Opens for Visitors

Current Affairs 27th March 2018: Daily GK Update |_3.1
i. Indira Gandhi Memorial Tulip Garden was opened for visitors in Srinagar, Jammu & Kashmir. It is recognized as Asia’s largest tulip garden.
ii. This year, 12.5 lakh tulip bulbs of 48 varieties were sown in the garden by the floriculture department. Apart from the tulips, 40,000 hyacinth bulbs have also been planted.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Jammu & Kashmir CM- Mehbooba Mufti Sayeed, Governor- N. N. Vohra.
2. AAI Signs MoU With Assam Government
Current Affairs 27th March 2018: Daily GK Update |_4.1
i. The Airport Authority of India (AAI) signed an MoU with Assam government under its Corporate Social Responsibilities (CSR) initiative for the sustainable development of human settlements at villages in Kamrup district.
ii. AAI would provide financial assistance under its CSR initiative of 4.58 crore Rupees for the Kamrup district as per the estimates prepared by the UNDP to improve the resilience of communities around Guwahati Airport.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Assam CM- Sarbanand Sonowal, Governor- Jagdish Mukhi.
  • The Chairman of Airports Authority of India is Guruprasad Mohapatra.
3. Government Guarantee for IRFC Bonds
Current Affairs 27th March 2018: Daily GK Update |_5.1
i. The Ministry of Finance has approved a proposal to provide government guarantee of Rs5,000 crore in the current financial year for Indian Railway Finance Corporation (IRFC) bonds to be subscribed by Life Insurance Corporation (LIC).
ii. The guarantee fee for the amount has also been waived by the Ministry. The decision will ease the flow of borrowed funds for Ministry of Railways to undertake projects.

4. Surat Becomes 1st District to Have 100% Solar Powered Health Centres
Current Affairs 27th March 2018: Daily GK Update |_6.1
i. Gujarat’s Surat district has become the first district in the country to have 100 percent solar powered Primary Health Centers (PHC).
ii. There are a total of 52 PHCs in the district and all of them are now powered by the solar system. This initiative will not only bring down the electricity bill by 40 percent but also help fight global warming.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Gujarat CM- Vijay Rupani, Governor- Om Prakash Kohli.
5. 3,21,567 Affordable Houses Sanctioned For Urban Poor Under PMAY
Current Affairs 27th March 2018: Daily GK Update |_7.1

i. Ministry of Housing & Urban Affairs has approved the construction of 3,21,567 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs18,203  crore with central assistance of Rs4,752 crore.
ii. The approval was given in the 32nd meeting of the Central Sanctioning and Monitoring Committee (CSMC) held in New Delhi.
iii. Haryana gets maximum (70,671) Houses while Goa got the least (60). With the participation of Goa in the 32nd CSMC, all 35 States/UTs, having urban statutory towns and cities are now covered under the PMAY(U) Mission.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The Pradhan Mantri Awas Yojana- Housing For All (Urban) will be implemented during 2015-2022 and will provide central assistance to Urban Local Bodies (ULBs)


International News

6. World Theatre Day- 27 March
Current Affairs 27th March 2018: Daily GK Update |_8.1
i. The World Theatre Day has been celebrated annually on the 27th March by ITI Centres and the international theatre community.
ii. World Theatre Day was initiated in 1961 by the International Theatre Institute ITI. The first World Theatre Day Message was written by Jean Cocteau in 1962. 

7. Anushka Sharma & PV Sindhu Debut in Forbes 30 Under 30 Asia 2018 List

Current Affairs 27th March 2018: Daily GK Update |_9.1
i. Bollywood actress-producer Anushka Sharma and Badminton Ace P V Sindhu had featured in the Forbes 30 Under 30 Asia 2018 list. The list includes innovators and disruptors who are reshaping their industries and changing Asia for the better.

ii. Anushka, one of Indian film industry’s highest paid actresses, is all of 29. Pakistani singer Momina Mustehsan too found a mention.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Forbes- American Business Magazine, Founded in- 1917.
  • Headquarters- New York City, USA.
Banking News


8. SWIFT Introduces Universal Real-Time Payment Tracking

Current Affairs 27th March 2018: Daily GK Update |_10.1
i. SWIFT announces the extension of its GPI Tracker to cover all payment instructions sent across the network, enabling GPI banks to track all their SWIFT payment instructions at all times, and giving them full visibility over all their payments activity.
ii. The Tracker, which has been available since May 2017, enables banks that have signed up to the service to track their GPI payments in real-time.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • SWIFT- Society for Worldwide Interbank Financial Telecommunication Code.
  • SWIFT codes are most commonly used for international wire transfers and are comprised of 8 or 11 alphanumeric characters.
  • The International Organization for Standardization (IOS) was the authoritative body that approved the creation of SWIFT codes.

Current Affairs 27th March 2018: Daily GK Update |_12.1



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