Current Affairs 11th December 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 11th December 2018 Daily GK Update

National News

1. India Successfully Test-Fires Inter-Continental Ballistic Missile Agni-5

i. The indigenously built Inter-Continental Ballistic Missile Agni-5 has been test-fired successfully from Abdul Kalam island under Chandipur Interim Test Range. It can carry both nuclear and traditional weapons. 
ii. This is the fourth successful test of this missile. Previously the test of Agni 4 was unsuccessful. Having 17 meters length and 2 meters diameter the missile can hit the target from a distance of 5 thousand kilometers. 

2. India and ADB Sign $31 Million Loan Agreement For Tamil Nadu

i. The Government of India and the Asian Development Bank (ADB) signed in New Delhi a Loan Agreement for $31 million to build-up the State Tourism Industry and boost visitor arrivals in Tamil Nadu.
ii. The signatories to the tranche 4 loan for Infrastructure Development Investment Program for Tourism (IDIPT) were Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, Ministry of Finance, who signed for the Government of India, and Mr. Kenichi Yokoyama, Country Director for ADB in India, who signed for ADB.

Static/Current Takeaways Important for Dena Bank PO Exam 2018- 
  • The Asian Development Bank is a regional development Bank established in 1966.
  • Headquarters of ADB is in Manila, Philippines.
  • Takehiko Nakao is Present President of the Asian Development Bank.

3. Centre’s Contribution To NPS Hiked To 14% of Basic Salary

i. In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher 14% of the basic salary of an individual as its contribution to the National Pension System (NPS).
ii. Currently, the minimum employee contribution in NPS is 10% of basic pay and an equal contribution is made by the government.

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
  • National Pension System (NPS) is a government-sponsored pension scheme that was launched in January 2004 for government employees.
  • However, in 2009, it was opened to all sections.


International News

4. Sino-India Joint Exercise Hand-in-Hand 2018 Held in China

i. The opening ceremony for the 7th Sino-India joint exercise Hand-in-Hand 2018, was held at Chengdu, China. Company size contingents of 11 SIKHLI from Indian Army and a regiment from Tibetan Military District of People’s Liberation Army participated in the exercise.
ii. The aim of the exercise is to build and promote close relations between armies of both the countries and to enhance ability of the joint exercise commander to take military contingents of both nations under command.

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
  • China Capital: Beijing, Currency: Renminbi.

5. Air Force Chief On 5 Day Visit to Japan

i. Air Force Chief Birender Singh Dhanoa left on a five-day goodwill visit to Japan. 
ii. During his visit, Air Chief Marshal Dhanoa will call on Japanese Minister of Defence Takeshi Iwaya, Chief of Staff of Japan Air Self Defence Force General Yoshinari Marumo, Chief of Staff, Joint Staff Admiral Katsutoshi Kawano.


6. President Kovind Embarks On 4-Day Visit to Myanmar

i. President Ram Nath Kovind and first lady Savita Kovind left for a 4-day visit to Myanmar. During his stay, the President will visit capital Nay Pyi Taw and Yangon, and interact with his counterpart U Win Myint and State Counsellor Aung San Suu Kyi.
ii. The president will also hold a high-level delegation meeting. Myanmar is a country where India’s "Act East” and "Neighbourhood First” policies intersect.

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
  • Myanmar (Burma) Capital: Naypyidaw, Currency: Burmese kyat.
  • Myanmar is the only ASEAN member state that is both a land and maritime neighbor of India.

Awards


7. Asian Academy Creative Awards 2018 Announced: Complete List of Winners

i. The Asian Academy Creative Awards (AAA’s) have been established to serve the creative industries as the pinnacle of their achievement in content creation and media production. 
ii. The award ceremony was held in Singapore.


8. India's Prathamesh Maulingkar Wins Mister Supranational 2018

i. Goa's Prathamesh Maulingkar has created history by becoming the first Asian/Indian to win Mister Supranational title in a competition held at Krynica-Zdroj, Poland.
ii. At the same pageant, Mister Supranational Poland was adjudged first runner-up, Mister Supranational Brazil was adjudged second runner-up and Mister Supranational Thailand was announced as the third runner-up.

Important Days

9. International Mountain Day: 11 December

i. International Mountain Day is held every year on 11 December, which was established by the UN General Assembly in 2003 to encourage sustainable development in mountains. 
ii. The theme for 2018 IMD is  “Mountains Matter”. 

Obituaries

10. Padma Shri Historian Mushirul Hasan Passes Away

i. Professor Mushirul Hasan, a renowned historian, and former vice-chancellor Jamia Millia of Islamia, passed away at the age of 71. Hasan was also formerly the director general of the National Archives of India.
ii. Hasan won a number of awards for his work, including the Padma Shri in 2007 and the Ordre des Palmes Académiques. The books he authored include India Partition: The Other Face of Freedom, When Stone Walls Cry, Partners in Freedom: Jamia Millia Islamia (co-authored with Rakshanda Jalil) and From Pluralism to Separatism: Qasbas in Colonial India.


Business Current Affairs





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