Current Affairs 26th May 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 2018: Daily GK Update

National News

1. PM Modi Lays Foundation Stone of Projects Worth Rs27,000 crore in Jharkhand

i. The Prime Minister, Narendra Modi, laid the foundation stone of various projects of the Government of India and Government of Jharkhand, at an event in Sindri.
ii. The total cost of these projects is Rs. 27,000 crore. These include: 
1. Revival of Sindri Fertilizer Project of Hindustan Urvarak and Rasayan Ltd.
2. Ranchi City Gas Distribution Project by GAIL,
3. All India Institute of Medical Sciences (AIIMS), Deoghar,
4. Development of Deoghar Airport,
5. Patratu Super Thermal Power Project.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Jharkhand CM- Raghubar Das, Governor- Draupadi Murmu.

2. India to be Host Country For Celebrations of World Environment Day 2018

i. India will be the host country for celebrations of World Environment Day 2018. The announcement in this regard was made by the Environment Minister Dr Harsh Vardhan. The theme for this year is 'Beat Plastic Pollution'.
ii. The government has launched green deeds campaign to raise awareness about protection of the environment. The World Environment Day will be celebrated on 5th of June.

3. PMs of India and Bangladesh Inagurate Bangla Bhavan in Shantiniketan

i. Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina jointly inaugurate Bangladesh Bhawan at Shanti Niketan in West Bengal.
ii. The two leaders then paid floral tributes to Rabindra Nath Tagore. This is the first time in Indian history, that two prime ministers attended a convocation ceremony.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Bangladesh PM- Sheikh Hasina, Capital- Dhaka, Currency- Bangladeshi Taka. 

4. I&B Minister Launches 6-Day ASEAN India Film Festival

i. I&B Minister Col. Rajyavardhana Rathore launches six-day ASEAN India Film Festival in New Delhi. India and ASEAN share historical and cultural links.
ii. The Union Minister also stated that the Information and Broadcasting ministry is taking measures to create and promote film festivals with ASEAN, BRICS and European nations.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • ASEAN stands for Association of Southeast Asian Nations.

5. 9th Edition of ‘Rashtriya Sanskriti Mahotsav’ Inaugurated in Uttarakhand

i. Ministry of Culture has organised 3-Day long diversified cultural festival ‘Rashtriya Sanskriti Mahotsav’ festival which was inaugurated by Chief Minister of Uttarakhand, Trivendra Singh Rawat, Near Tehri Lake, Uttrakhand. It is the ninth edition of this festival.
ii. Rashtriya Sanskriti Mahotsav was conceived by the Ministry of Culture in the year 2015, when the Ministry decided to organize it with an intent to showcase the rich cultural heritage of the Country in all its rich and varied dimensions.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Uttarakhand CM- Trivendra Singh Rawat, Governor- Dr. Krishan Kant Paul.

6. Indian Navy Commissions 4th Ship of Landing Craft Utility MK-IV

i. The Indian Navy commissioned the IN LCU L54, the fourth ship of Landing Craft Utility MK-IV, into its fleet at Port Blair, Andaman and Nicobar.
ii. The ship was commissioned by Vice Admiral GS Pabby, AVSM, VSM and Chief of Materiel. The Commissioning of L-54 is in line with the Union Government’s Make in India initiative.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Admiral Sunil Lanba the 23rd Chief of the Naval Staff of the Indian Navy.

7. Government Notifies 8.55% Interest on PF for 2017-18

i. Employees’ Provident Fund Organisation (EPFO) has asked its field offices to credit 8.55% rate of interest for 2017-18 into the Provident Fund accounts of around 5 crore subscribers. According to an order issued by the EPFO, the Labour Ministry has conveyed approval to credit 8.55% rate of interest for last fiscal.
ii. The finance ministry had ratified 8.55%rate of interest on EPF for the last fiscal, but it could not be implemented because of model code of conduct for Karnataka elections.


8. President Appoints New Governors In Odisha and Mizoram

i. BJP leaders Ganeshi Lal and Kummanam Rajasekharan were appointed as Governors of Odisha and Mizoram, respectively. According to a Rashtrapati Bhavan communique, Prof. Ganeshi Lal will take over as the new governor of Odisha. He has replaced S C Jamir.
ii. Bihar Governor Satya Pal Malik had been given additional charge of  Odisha. The President appointed Kerala BJP chief Kummanam Rajasekharan as the Governor of Mizoram. He will be replacing Lt. General (Retd.) Nirbhay Sharma.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Odisha CM- Naveen Patnaik, Mizoram CM- Lal Thanhawla.

9. Barbados Elects Mia Mottley as 1st Female Prime Minister

i. The Caribbean island of Barbados has elected Mia Mottley as its first female Prime Minister since gaining independence from the UK in 1966.
ii. Mottley's Barbados Labour Party won all 30 seats in the country's Parliament, coming to power for the first time in a decade.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Barbados Capital- Bridgetown, Currency- Barbadian dollar.

Sports News

10. Archery World Cup Stage II 2018 Starts in Turkey

i. The second stage of Archery World Cup 2018 has been started in Antalya, Turkey. India opened its account with a silver and a bronze medal in the compound section.
ii. India’s women compound team of Jyothi Surekha Vennam, Muskan Kirar and Divya Dhayal recovered from a poor start to lose to their Chinese Taipei opponents by three points to settle for a silver.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Turkey Capital- Ankara, Currency- Turkish lira.

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