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Current Affairs 26th April 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 26th April 2018: Daily GK Update

National News

1. HRD Ministry Launches 2nd Edition of Unnat Bharat Abhiyan

Current Affairs 26th April 2018: Daily GK Update |_3.1
i. The Ministry of Human Resource Development, HRD launched the second edition of the Unnat Bharat Abhiyan under which students from 750 higher educational institutions from across the country will adopt villages and visit them to get acquainted with the lifestyle of people there and the problems faced by them.
ii. The minister advised the students to involve local village people at every stage of problem identification and solving issues relating to health, cleanliness, waste management, plantation, financial inclusion, women and child development.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Prakash Javadekar is the Present HRD Minister of India.
2. Indo-Malaysian Joint Military Exercise ‘Harimau Shakti’ Held
Current Affairs 26th April 2018: Daily GK Update |_4.1
i. As part of ongoing Indo-Malaysian defence cooperation, a joint training exercise Harimau Shakti will be conducted in the dense forests of Sengai Perdik, Hulu Langat, Malaysia.
ii. The exercise is aimed at bolstering cooperation & coordination between armed forces of both the nations and to share the expertise of both the contingents in the conduct of counter insurgency operations in jungle terrain.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Malaysian Capital- Kuala Lumpur, Currency- Malaysian ringgit.
3. Coastal Security Exercise ‘Sagar Kavach’ Held in Kerala
Current Affairs 26th April 2018: Daily GK Update |_5.1
Exercise ‘Sagar Kavach’ is being conducted to strengthen and assess the loopholes in the coastal security mechanism along Kerala shores. 
ii. Along with Coastal Police and Marine Enforcement wing, Indian Coast Guard and Indian Navy is also participating in Exercise ‘Sagar Kavach’.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Admiral Sunil Lanba is the present chief of Navy Staff.
4. Government to Tie Up with US and Finland to Jointly Develop New Pollution-Forecast System
Current Affairs 26th April 2018: Daily GK Update |_6.1
i. The Ministry of Earth Sciences (MoES) is tying up with the US and Finland to develop new pollution-forecast system that will help anticipate particulate matter (PM) levels at least two days in advance and at greater resolution.
ii. The new system will jointly develop with expertise from Finnish Meteorological Institute and US National Oceanic and Atmospheric Administration (NOAA).
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Dr Harsh Vardhan is the present Minister of Earth Sciences.

5. 48th Foundation Day of HUDCO Celebrated

Current Affairs 26th April 2018: Daily GK Update |_7.1
i. The Minister of Housing & Urban Development Hardeep Singh inaugurated the 48th Foundation Day of Housing and Urban Development Corporation (HUDCO).
ii. HUDCO is playing an important role in taking financial inclusion forward in the country, as it is taking care of the housing finance needs of the economically deprived sections.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • HUDCO was founded on 25th April 1970.
6. CSIR and DoT Enter into MoU for Establishing Nationwide Time Stamping
Current Affairs 26th April 2018: Daily GK Update |_8.1
i. An MoU on technical knowledge sharing for establishing a nationwide Time Stamping & Time Synchronization network and traceability of Time signal to UTC NPL Time was signed between Council of Scientific and Industrial Research -National Physical Laboratory (CSIR-NPL) and Department of Telecommunications (DoT), Ministry of Communications.

ii. The Nationwide, Time Stamping & Time Synchronization network consisting of 22 numbers of Time Synchronization Centers (TSC’s) will be set up by DoT with technical assistance from CSIR-NPL.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-

  • Manoj Sinha is the Minister of State (I/C) of the Ministry of Communications.

International News

7. PM Modi Embarks On 3-Day Visit to China
Current Affairs 26th April 2018: Daily GK Update |_9.1

i. Prime Minister Narendra Modi left on a three-day visit to China. Mr Modi will hold talks with Chinese President Xi Jinping during an informal summit in Wuhan city. 
ii. It is expected that the meeting between Mr Modi and Mr Xi will be a milestone in India-China relations. This will be Mr Modi’s fourth visit to China after he came to power in 2014.

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

  • China Capital- Beijing, Currency- Renminbi, President- Xi Jinping.
8. Mario Abdo Benitez Elected New President of Paraguay
Current Affairs 26th April 2018: Daily GK Update |_10.1
i. Mario Abdo Benitez won the presidential election conducted in Paraguay. He belongs to the ruling Colorado Party. He had secured 46.5% of the votes, with 96% of 21,000.

ii. Efrain Alegre of the Authentic Radical Liberal Party came second with 42.7% of the votes. Mario Abdo Benitez’s 5-year term begins on 15th August 2018.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Paraguay Capital- Asuncion, Currency- Guarani.
Ranks and Reports
9. World Press Freedom Index Report: India Ranks 138th, Norway Tops
Current Affairs 26th April 2018: Daily GK Update |_11.1
i. According to the 2018 World Press Freedom Index compiled by Reporters Without Borders (RSF), India has ranked 138th (falling 2 positions down from 136th in 2017). The list has been topped by Norway. North Korea was at the bottom-most position (180th) in the list.
ii. The Top 3 countries in World Press Freedom Index Report are:
1. Norway
2. Sweden
3. The Netherlands.
10. Microsoft is India’s Most Attractive Employer: Randstad Survey
Current Affairs 26th April 2018: Daily GK Update |_12.1
i. Technology giant Microsoft India has been declared the most attractive employer brand, followed by e-commerce giant Amazon India. The winners were named by HR service provider Randstad’s Employer Brand Research (REBR) 2018.
ii. Sector-wise, Tata Consultancy Services is most favoured in IT, while Larsen & Toubro tops Infrastructure & Construction and Hindustan Unilever emerges the winner in FMCG.
Banking/Economy News

11. NSE Launches e-Gsec Platform for Bringing Retail Participation in Government Securities
Current Affairs 26th April 2018: Daily GK Update |_13.1
i. National Stock Exchange of India (NSE) has announced the launch of its “e – Gsec” platform for facilitating the non-competitive bidding in Government of India Dated Securities (G-Sec) and Treasury Bills (T-Bills).

ii. This will allow retail investors to invest in Government Securities and hold them in existing demat accounts. The non-competitive bidding facility was introduced by the Reserve Bank of India (RBI) to encourage retail participation in the primary market for Government Securities.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • NSE began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on annual reports of SEBI.
  • Mr. Ashok Chawla is the Chairman of the Board of Directors of NSE and Mr. Vikram Limaye is the Managing Director and CEO of NSE.
12. Rs 10,012 cr Aid Given to UP in 2017-18: NABARD
Current Affairs 26th April 2018: Daily GK Update |_14.1
i. According to the Development bank NABARD, it has provided an assistance of Rs 10,012 crore to Uttar Pradesh during 2017-18 to facilitate overall development with special focus on agricultural credit.

ii. This has been achieved through commercial banks, RRBs and cooperatives, infrastructure development through dedicated funds, strengthening of rural financial institutions, women empowerment through Self Help Groups, micro-finance and several other new initiatives.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • NABARD came into existence on 12 July 1982.
  • Chairman of NABARD- Harsh Kumar Bhanwala, Headquarters in- Mumbai.


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