Current Affairs 21st August 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 21st August 2018: Daily GK Update

National News

1. NOTA Option Not Applicable For Rajya Sabha Elections: Supreme Court 
i. The Supreme Court ruled that the ‘None of The Above’ (NOTA) option will not be applicable for voting in the Rajya Sabha elections. The ruling was made by a bench of Justices comprising CJI Dipak Misra and Justices AM Khanwilkar and DY Chandrachud.  
ii. The bench held that the NOTA option is meant only for universal adult suffrage and direct elections and not for the polls held by the system of proportional representation by means of the single transferable vote as done in the Rajya Sabha. 
International News

2. Historic Esala Maha Perehera Festival Begins in Sri Lanka 
i. In Sri Lanka, the ten-day festival of the historic Esala Maha Perehera began in Kandy with a grand procession. The procession set off from the biggest Buddhist temple in Sri Lanka,  Sri Dalada Maligawa at an auspicious time.
ii. The Esala Perahera is one of the oldest and grandest of all Buddhist festivals in Sri Lanka, featuring dancers, jugglers, musicians, fire-breathers and lavishly decorated elephants. 

Business News

3. Paytm Partners With Alibaba 
i. Digital payments firm Paytm has partnered with China’s Alibaba to launch AI-based cloud computing platform ‘Paytm AI Cloud’. 
ii. The platform will offer business-centric apps to developers, startups and enterprises that need cloud-computing solutions including customer engagement and easy-to-integrate payments. It will process and store all consumer data locally in servers located only in India. 
Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Alibaba’s Cloud computing business, which opened its first India data centre in Mumbai in January. 
  • Vijay Shekhar Sharma is the Founder of Paytm. 
  • Jack Maa is the founder of Alibaba. 

Sports News

4. Novak Djokovic Wins Western and Southern Open 2018 
i. Novak Djokovic (Serbia) beat Roger Federer (Switzerland) in straight sets, high-profile championship match at the 2018 Western and Southern Open in Cincinnati
ii. With this win, Djokovic became the first men’s tennis player in history to win all nine Masters 1,000 tournaments after finishing as the runner-up in Cincinnati five different times.
Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Cincinnati is a city in Ohio, on the Ohio River.

Asian Games 2018

5. Saurabh Chaudhary Wins 10m Air Pistol Gold 
i. 16-Year-Old Saurabh Chaudhary became only the fifth Indian shooter to claim a gold in the Asian Games history, beating a field of multiple world and Olympic champions in the 10m air pistol finals in Indonesia
ii. Another Indian making his international debut, 29-year-old Abhishek Verma, shot 219.3 to secure bronze.

Static/Current Takeaways Important for RRB PO/Clerk 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. 

6. Vinesh Phogat, 1st Indian Woman Wrestler To Bag Gold At Asian Games 

i. India got its second Gold medal at the 18th Asian Games in Indonesia when Vinesh Phogat defeated Japan’s Yuki Irie in the final of freestyle 50 kg category in Women’s Wrestling
ii. With this victory, Vinesh created history as she is the first Indian woman wrestler to win gold in the Asian Games. 

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