Current Affairs 02nd and 3rd September 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 02nd and 3rd September 2018: Daily GK Update

National News

1. India, Nepal Sign MoU on Preliminary Survey Of Railway Line Between Raxaul & Kathmandu

i. India and Nepal have signed an MoU on Preliminary Engineering-cum-Traffic Survey on Broad Gauge Rail Line between Raxaul (Bihar) and Kathmandu. Indian Ambassador to Nepal Manjeev Singh Puri and Nepal’s Secretary of Ministry of Physical Planning and Works, Madhusudan Adhikari signed the MoU in Kathmandu. 
ii. India and Nepal had agreed in April 2018 to construct a new electrified rail line with India’s financial support connecting the border city of Raxaul in India to Kathmandu, the capital of Nepal.

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Khadga Prasad Sharma Oli is the current Prime Minister of Nepal.
  • Bidhya Devi Bhandari is the current President of Nepal and commander in chief of Nepalese Army. 
  • The Nepalese Rupee is the currency of Nepal. 

2. Bi-Annual Talks Between Indian and Bangladeshi Border Forces Begin in New Delhi 

i. The bi-annual talks between Indian and Bangladeshi border forces have begun in New DelhiDirector General of Border Security Force (BSF) KK Sharma represented the Indian side while Director General of Border Guard Bangladesh (BGB) Major General Md Shafeenul Islam led the Bangladeshi side in the talks.
ii. This is the 47th DG-level conference between the two sides since it began in 1975. 

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Bangladesh PM- Sheikh Hasina, Capital- Dhaka, Currency- Bangladeshi Taka. 

International News

3. President Ram Nath Kovind Embarks on 3-Nation Tour 

i. President Ram Nath Kovind embarked on an eight-day three-nation tour to Cyprus, Bulgaria and the Czech Republic. He was accompanied by first lady Savita Kovind.
ii. President Kovind will hold talks with the leaders of the three European countries to deepen ties, particularly in the economic sphere. He will hold talks with that President of Cyprus Nicos Anastasiades. 

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Cyprus Capital: Nicosia, Currency: Euro. 
  • Bulgaria Capital: Sofia, Currency: Bulgarian lev. 
  • Czech Republic Capital: Prague, Currency: Czech koruna.

4. International Tourist Arrivals Hit Record High In 2017: UN Report 

i. International tourist arrivals hit record high in 2017 with India leading the growth in South Asian region. According to data from the UN’s tourism organisation, a total of 1,323 million international tourist arrivals recorded in destinations around the world. The figure represents an 84 million increase over 2016, and a new record.
ii. According to the UN World Tourism Organisation (UNWTO), positive results in South Asia were largely driven by the strong performance of India, the subregion’s largest destination, which benefited from increasing demand from western source markets and simpler visa procedures. 
iii. In India, international tourists arrivals grew from 14.57 million in 2016 to 15.54 million in 2017. International tourism receipts for India grew from 22.42 billion dollars in 2016 to 27.36 billion dollars last year.

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Zurab Pololikashvili is Secretary-General of the World Tourism Organization (UNWTO). 
  • UNWTO’s membership includes 158 countries, 6 Associate Members and over 500 Affiliate Members. 
  • UNWTO Headquarters in Madrid, Spain. 

5. 6th East Asia Summit And 15th India-ASEAN Economic Ministers Meeting Held in Singapore

i. Commerce & Industry Minister Suresh Prabhu attended the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM) and 15th India-ASEAN Economic Ministers’ Meeting (AEM) in Singapore. Singapore is currently holding the Chair of ASEAN.
ii. The 6th East-Asia Economic Ministers’  Meeting was chaired by Chan Chun Sing, Minister for Trade and Industry, Singapore, and was attended by Economic Ministers from  10  ASEAN countries  and their eight  dialogue partners,  Australia, China, India, Japan, Republic of Korea, New Zealand, the Russian Federation and the United States of America. 


6. Mark Read Appointed WPP CEO In Place of Martin Sorrell 

i. WPP Plc, the world’s largest communication services group, announced the appointment of Mark Read as the Chief Executive Officer (CEO) and Executive Director (ED) to the company’s board with immediate effect. 
ii. He has replaced Martin Sorrell.

Asian Games 2018

7. Ikee Rikako Named 'Most Valuable Player' Of Asian Games 

i. Japanese swimmer Ikee Rikako has been named as the Most Valuable Player (MVP) of the recently-concluded 18th edition of the Asian Games. 
ii. The 18-year-old, who bagged six gold and two silver medals in the tournament, became the first female athlete to win the MVP title.

8. India Finishes With Biggest Ever Medal Tally of 69 

i. The 18th Asian Games came to a close, with India achieving its best-ever medal haul of 69 and equaling its best gold medal haul of 15 after 67 years. In the final few medal events on the 14th day, India added four medals to its kitty, two Gold, a silver and a bronze.
ii. Boxer Amit Panghal stunned the Olympic Champion Hasanboy Dusmatov in the men’s 49 Kilogram category to win India’s only boxing gold. Indian men’s bridge team won bridge gold for India. The duo of Pranab Bardhan, Shibhnath Sarkar finished top of the table with 384 points.

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • The Host cities for Asian Games 2018 are Jakarta and Palembang, Indonesia. 
  • Bhin Bhin, Kaka, and Atung are the mascots of the 2018 Asian Games. 

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