Current Affairs 10th 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 10th March 2018: Daily GK Update

National News

1. French President Emmanuel Macron In India on 4-Day Visit

i. French President Emmanuel Macron arrived in New Delhi on a four-day visit to India. The visit aims at strengthening the bilateral economic, political and strategic dimension of engagement between the two countries. 
ii. During the visit, India and France will sign agreements in different fields tomorrow. Prime Minister Narendra Modi and Emmanuel Macron will co-chair the Founding Conference of the International Solar Alliance.

Static/Current Takeaways Important for Exams-
  • France is the 9th largest foreign investor in India with a cumulative investment of 6.09 billion dollars from April 2000 to October 2017.
  • France Capital- Paris, Currency- Euro.

2. PM Inaugurates National Legislators Conference on ‘We For Development’

i. Prime Minister Narendra Modi inaugurated National Legislators Conference on the theme ‘We For Development’ in New Delhi. The motive of the conference is to bring MPs and MLAs on a single platform where ideas and plans for development can be exchanged.
ii. The conference will hold discussions on how women help in the development work being done for the country where ideas on projects and plans can be debated. NITI Aayog CEO Amitabh Kant will give a presentation on the first day and the plenary will be presided over by Lok Sabha Deputy Speaker M Thambidurai

3. India's Biggest M&E Services Market, enTTech 2018 Inaugurated

i. India's biggest Media & Entertainment Services Market - enTTech 2018 was inaugurated in Mumbai. The market, spread over two days saw fast matchmaking between 100 international delegates and their Indian counterparts.
ii. The event was organized by Service Export Promotion Council (SEPC) in association with MEAI (Media & Entertainment Association of India) and supported by the Department of Commerce, Ministry of Commerce & Industry, Government of India.

Static/Current Takeaways Important for Exams-
  • Chairman of SEPC- Vivek Nair, Director General- Sangeeta Godbole.
  •  Indian film industry is the world’s largest industry in terms of the number of films produced.

4. Telangana Launches India's 1st State-Led Incubator for Women

i. The government of Telangana launched Women Entrepreneurship Hub (WE-Hub), India's first state-led incubator for women entrepreneurs.
ii. The incubator will help women entrepreneurs establish their own enterprises by providing services including seed funding, mentoring, and business guidance. Deepthi Ravula is heading the incubator as its Chief Executive Officer.

Static/Current Takeaways Important for Exams-
  • Telangana CM- K Chandrashekhar Rao, Governor- ESL Narasimhan.

5. 'Wings India 2018' Event Inaugurated in Hyderabad

i. Telangana IT and Industries Minister K T Rama Rao inaugurated the biennial event on Civil Aviation and Aerospace titled 'Wings India 2018' at the Begumpet Airport.
ii. The four-day event was Jointly organised by the Civil Aviation Ministry, Airports Authority of India and the Indian Chambers of Commerce and Industry.

6. World’s Best Airport: Delhi and Mumbai Airports Tie at No. 1

i. Delhi’s Indira Gandhi International Airport (IGIA) and Mumbai’s Chhatrapati Shivaji Maharaj International Airport have beaten 1,952 other airports from 176 countries to tie at number one for world’s best airports, as per Airports Council International (ACI) ASQ 2017 rankings.
ii. The Airport Service Quality Awards 2017 was announced by the Airports Council International (ACI), which conferred the ranking on the basis of a worldwide programme in which passengers were surveyed across airports for their feedback on 34 key performance indicators.

7. ISA-ADB, NDB, GCF, AfDB and AIIB Joint Declarations of Financial Partnership

i. The International Solar Alliance (ISA) and the African Development Bank (AfDb), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Green climate fund (GCF), and the New Development Bank (NDB) signed Joint financial partnership Declarations in New Delhi.
ii. The International Energy Agency (IEA) also signed a Joint partnership Declaration with the ISA. The objective of the agreements is to deepen their cooperation in support of Renewable Energy. ISA is working for deployment of over 1000 GW of solar energy and mobilising more than US$ 1000 billion into solar energy by the year 2030.

Static/Current Takeaways Important for Exams-
  • International Solar Alliance (ISA) was launched at the UN Climate Change Conference in Paris.
  • Akinwumi Adesina is the 8th President of the African Development Bank (AfDb).
  • President of ADB- Takehiko Nakao, ADB Headquarters- Philippines.
  • The Asian Infrastructure Investment Bank President- Liqun Jin.
  • New Development Bank President- K. V. Kamath, Headquarters- Shanghai, China.

8. Karnataka to Become 2nd State in Country to Unveil its Own Flag

i. The Karnataka government unveiled the State flag (nada dhwaja ) for the state. If approved by the Centre, Karnataka will be the second State to have a flag after Jammu and Kashmir.
ii. The yellow-white-red flag has the State emblem at the centre. The proposal will be now sent to the Union Home Ministry for approval since a State has no powers to announce its own flag.

Static/Current Takeaways Important for Exams-
  • Karnataka CM- Siddaramaiah, Governor- Vajubhai Vala.


9. Virat Kohli Named 1st Brand Ambassador for Uber India

i. Indian cricket team captain Virat Kohli has been named cab-hailing startup Uber's first Brand Ambassador in India.
ii. Kohli will also be involved in a series of marketing and customer experience initiatives.

Static/Current Takeaways Important for Exams-
  • UBER is the US-based company.
  • Dara Khosrowshahi is the CEO of Uber.

10. Ministers Ashok Gajapathi Raju and Y S Chowdary Submit Resignations to PM

i. Civil Aviation Minister Ashok Gajapathi Raju and Minister of State for Science and Technology Y S Chowdary have submitted their resignations to Prime Minister Narendra Modi.
ii. The ministers have resigned but will continue to be a part of NDA. Commerce minister Suresh Prabhu gets additional charge of aviation ministry.

Business News 

11. Paytm Money Receives Sebi Nod as Registered Investment Adviser

i. Financial services platform Paytm has announced that its wholly-owned subsidiary, Paytm Money, has received approval of market regulator Securities and Exchange Board of India (SEBI) to become a registered investment advisor.
ii. The nod from Sebi will allow the company to roll out investment and wealth management products to consumers across the country.

Static/Current Takeaways Important for Exams-
  • Paytm is run by One97 Communications Ltd. 
  • Vijay Shekhar Sharma is the founder of One97 Communications. 
  • One97 Communications in all now have six companies under its umbrella including Paytm, Paytm Money, Paytm Mall and Paytm Payments Bank.

Sports News

12. Tejaswin Shankar Smashes National Record in High Jump

i. Delhi youngster Tejaswin Shankar smashed his own national record to claim the high jump gold as three athletes booked their Commonwealth Games berths on the third and penultimate day of the 22nd Federation Cup Senior National Athletics Championships.
ii. The 19-year-old Shankar sailed over the bar at 2.28m to marginally improve his own national mark of 2.26m.
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