Current Affairs 31st March and 01st 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 01st April 2018: Daily GK Update

National News

1. India gets first US LNG shipment at Dabhol, Maharashtra

i. India received its first LNG cargo from the US under a long-term supply deal when a ship carrying super-cooled natural gas arrived at Dabhol in Maharashtra. 
ii. GAIL India has contracted 3.5 million tonnes per annum of liquefied natural gas (LNG) from US energy firm Cheniere Energy's Sabine Pass liquefaction facility in Louisiana. The first cargo from the project arrived at Dabhol, the cite of India's biggest gas-fired power plant. 

2. Meeting of PIC Between India and Pakistan Held in New Delhi

i. The two-day meeting of Permanent Indus Commission (PIC) between India and Pakistan began in New Delhi. Representatives from both the sides had discussed Water Treaty dispute and resolution of outstanding issues. 
ii. The PIC is mandated to establish and maintain cooperative arrangements for the implementation of the treaty and to promote cooperation between the two sides in developing the Indus water systems. 

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • PK Saxena- India’s Indus Water Commissioner.
  • The Indus Waters Treaty was signed in 1960 and involves six rivers – the Beas, Ravi, Sutlej, Indus, Chenab and Jhelum.
  • The PIC had last met in March 2017 in Islamabad, Pakistan.

3. NHAI Awarded Projects Worth Rs 1.22 lakh crore in FY18

i. National Highway Authority of India (NHAI) awarded 150 road projects of 7,400 km worth Rs. 1,22,000 crore in the In Financial Year 2017-18. In last 5 years, the average length of road projects awarded by NHAI was 2,860 km with 4,335 Km awarded in the last financial year.
ii. In comparison, the length of projects awarded in FY 2017-18 is an all-time high and a record achievement by NHAI since its inception in 1995.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Nitin Gadkari is the present Minister for Road Transport & Highways, Shipping and Water Resources.

4. Madhya Pradesh’s Kadaknath chicken gets Geographical Indication tag

i. Six years after it applied for the Geographical Indications (GI) tag for Kadaknath, a chicken breed whose black meat is in demand in some quarters, Madhya Pradesh has got the coveted label. 
ii. Chennai-based GI Registry accepted the application of Gramin Vikas Trust, Jhabua, which was filed in 2012.

Banking News

5. Rivigo ties up with IDFC, YES Bank, for truck loans

i. Rivigo, a homegrown logistics start-up that owns as well as acts as an aggregator of trucks, is tying up with YES Bank, IDFC, and 10 other financial institutions to make cheaper funds available to truck owners and operators on its platform.
ii. The funds will be available at an interest rate of 1-2 percent per month, lower than the usual industry standard of 2-3 percent.


6. Shekhar Kapur to head the jury for 65th National Film Awards

i. Veteran director Shekhar Kapur has been appointed the chairman of the central panel of the 65th National Film Awards. The central panel comprises a chairperson and 10 other members, including five regional chairpersons who head the respective regional panels.
ii. Film writer Imtiaz Hussain, known for his works in films like Astitva (2000) and Parinda (1989) will be the regional chairperson of South I panel.

Sports News

7. ISSF Junior World Cup: Muskan Bhanwala Wins Gold

i. Indian shooter Muskan Bhanwala clinched the gold medal in women’s 25m pistol event at the ISSF Junior World Cup in Sydney, Australia. The 16-year-old Muskan beaten China’s Qin Sihang and Thailand’s Kanyakorn Hirunphoem. 
ii. India thus upstaged China with 22 medals, including nine gold. India has also five silver and eight bronze medals.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Australia Capital- Canberra, Currency- Australian Dollar, Prime Minister- Malcolm Turnbull.

8. Mithali Raj Adjudged ‘Sportsperson of the Year’

i. Indian women’s cricket team captain Mithali Raj was adjudged ‘Sportsperson of the Year’ while ace shuttlers Kidambi Srikanth and P V Sindhu bagged the best senior male and female athletes at the Telangana Sports Journalists Association annual awards for 2017 in Hyderabad.
ii. Former Indian cricketer VVS Laxman presented ‘best coach of the year’ award to Pullela Gopichand, who received this award for the second time in a row. Triple Olympian and former national Hockey player N Mukesh Kumar was honoured with the Lifetime Achievement award at the event.


9. Film Director C.V. Rajendran Passes Away

i. Tamil film director C.V. Rajendran, who was part of late C.V. Sridhar’s unit died aged 81. 
ii. His career as a director began with the film Anubhavam Pudhumai.

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