Current Affairs 29th 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 29th 2018: Daily GK Update

National News

1. NIC Launches India's 4th Data Centre in Bhubaneswar

i. Bhubaneswar (capital city of Odisha) becomes the fourth National data centre of National Informatics Centre (NIC) after Delhi, Hyderabad and Pune. 
ii. The new cloud-enabled National Data Centre aims to offer round-the-clock operations with secure hosting for various e-governance applications of Central and State Governments and has the ability to support 35,000 virtual servers.

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

  • National Informatics Centre (NIC) was established in 1976.
  • It Headquarters in New Delhi.
  • Ravi Shankar Prasad is the Minister of Law & Justice, Electronics & Information Technology.

2. Main Event of 4th International Yoga Day Celebrations To Be Held At Dehradun

i. The main event of 4th International Yoga Day celebrations will be held at Dehradun in Uttrakhand on 21st of June.
ii. Secretary AYUSH Ministry Vaidya Rajesh Kotecha has announced that Dehradun has been selected as the venue for Mass Yoga Demonstration of International Yoga Day. Mr Kotecha is in Dehradun to initiate the preparations regarding this mega event. 

3. DAC Approves Procurement of Equipment for Defence Forces

i. The Defence Acquisition Council (DAC), chaired by Raksha Mantri Smt Nirmala Sitharaman, met in New Delhi and accorded approval for the procurement of equipment for the Defence Forces valued at over Rs. 6900 crore.
ii. The DAC approved procurement of Thermal Imaging (TI) Night Sights for the Rocket Launcher (RL) used by the Army and the Air Force under ‘BUY (Indian) IDDM’ category through established Indian Vendors.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • General Bipin Rawat is the present Chief of Army Staff.
  • Air-chief-Marshal Birender Singh Dhanoa is the present Chief in Indian Airforce.

4. India Signs Loan Agreement With World Bank For Rajasthan Project

i. An Agreement for IBRD Credit of USD 21.7 Million from the World Bank for the Strengthening of Public Financial Management in Rajasthan Project was signed in New Delhi. The Project size is approximately USD 31 million, of which USD 21.7 million will be financed by the World Bank, and the remaining amount will be funded out of the State Budget.
ii. The Project duration is 5 years. The Project objective is to contribute to improved Budget execution, enhanced accountability and greater efficiency in Revenue Administration in Rajasthan.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • President of the World Bank- Jim Yong Kim.
  • Headquarters of World Bank- Washington, DC.

5. Cochin International Airport, World’s 1st Fully Solar Energy-Powered Airport: UNEP

i. The United Nations Environment Programme (UNEP) has recognised Cochin International Airport Ltd (CIAL) in Kerala as the world’s first fully solar energy-powered airport. CIAL is India’s first airport to be constructed in public-private-partnership (PPP) model in 1999.
ii. It is the busiest and largest airport in the state of Kerala. The airport has 15 MWp solar power plant near the cargo complex of airport comprising 46,150 solar panels laid across 45 acres.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • UNEP was founded as result of United Nations Conference on Human Environment in June 1972.
  • It is headquartered in Nairobi, Kenya.

International News

6. International Day of UN Peacekeepers: 29 May

i. The International Day of UN Peacekeepers is observed across the world on May 29, with an aim to honour more than 3700 peacekeepers who have lost their lives while serving the United Nations since 1948.
ii. The theme of the International Day of UN Peacekeepers 2018 is ‘UN Peacekeepers: 70 Years of Service and Sacrifice’. The first UN peacekeeping mission was established on 29 May 1948. The day was first celebrated in 2003.

7. PM Leaves On 3-Nation Tour To Indonesia, Malaysia, Singapore 

i. Prime Minister Narendra Modi embarked on a three-nation visit to Indonesia, Malaysia and Singapore. During his five-day visit, the PM will hold delegation level talks with the leadership of the three countries, on matters of mutual interest.
ii. This will be Prime Minister’s first official visit to Indonesia and second official visit to Singapore. The visit assumes significance in the light of India’s thrust on “Act East” policy". In the first leg of his visit, Mr Modi will arrive in Indonesia.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Indonesia Capital- Jakarta, Currency- Indonesian rupiah,  President- Joko Widodo.
  • Malaysia Capital- Kuala Lumpur, Currency- Malaysian ringgit, Prime Minister- Mahathir Mohamad.
  • Singapore Currency- Singapore Dollar, President- Halimah Yacob.


8. Sudha Balakrishnan Appointed 1st CFO of RBI

i. NSDL executive Sudha Balakrishnan has been appointed the first-ever chief financial officer (CFO) of the Reserve Bank of India (RBI).
ii. Balakrishnan, a chartered accountant, was till recently vice president with the National Securities Depository Ltd (NSDL, India’s first and largest depository) before joining RBI. She will be the 12th executive director of the RBI and will have a three-year term.

Static/Current Takeaways Important for DENA Bank Exam 2018-
  • Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established on- 1st April 1935, in Kolkata. 

Business News

9. BMGI Enters Into a Strategic Partnership With SmartConnect Technologies

i. BMGI, a global management consulting firm, has entered into a strategic partnership with SmartConnect Technologies, which provides Social / Digital Process Transformation through its IP-suite UNFYD®COMPASS across Marketing, Sales, Customer Service, mobility and field service operations.

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