Current Affairs 31st March and 1st April 2019 | Daily GK Update

Dear Aspirants,
The General Awareness Section plays an important role in scoring well above cut off marks in any competitive exam. The Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs mainly. So you need to prepare well this section to score good marks. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!!


National News

1. ISRO Launches PSLV C-45 Carrying EMISAT And 28 Nano Satellites

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i. The Indian Space Research Organisation (ISRO) has launched a Defence Intelligence Satellite, EMISAT in its 47th Polar Satellite Launch Vehicle (PSLV) mission, along with 28 other customer satellites, onboard the advanced PSLV-C45 Rocket.
ii. The PSLV C45 was launched from ISRO’s Satish Dhawan Space Centre in Sriharikota. It is the first time ISRO is launching satellites in three different orbits. Along with that, the PSLV-C45 launch vehicle is also the first PSLV rocket to use four strap-on motors. 

Static/Current Takeaways Important For LIC AAO Mains Exam:
  • ISRO Director: K. Sivan, Headquarters: Bengaluru, Established in: 1969. 

2. GRSE Becomes ‘First’ Indian Shipyard To Deliver 100 Warships

i. Garden Reach Ship Builders and Engineers Ltd (GRSE) became the ‘first Indian shipyard’ to build and deliver 100 warships.
ii. GRSE Chairman and Managing Director, Rear Admiral (Retd) V K Saxena, formally handed over the 100th warship ‘IN LCU L-56’ to the Indian Navy.

International News
3. Tesla Builds Its ‘Largest Energy Storage System In Asia’
i. Tesla has developed its ‘largest power storage system in Asia’ at Osaka train station in Japan to reduce energy demand and provide emergency backup power to trains in Japan. 
ii. It was Launched in partnership with Kintetsu, a railway operator in Japan’s Osaka. 7 megawatt-hours (MWh) system is its largest energy storage project in Asia and the fourth largest in the greater Asia-Pacific (APAC) region. 
Static/Current Takeaways Important for LIC AAO Exam:
  • Japan Capital: Tokyo, Currency: Japanese yen, PM: Shinzo Abe.

4. Vijay Chandok Appointed As MD And CEO Of ICICI Securities

i. Executive Director of ICICI Bank, Vijay Chandok has been appointed as MD and CEO of ICICI Securities, a subsidiary of ICICI bank. 
ii. He will succeed Shilpa Naval Kumar. He joined the ICICI Group in 1993
Static/Current Takeaways Important for LIC AAO Exam:
  • ICICI Bank Headquarters: Mumbai, Tagline: Hum Hain Na!
5. Manu Sawhney Takes Over As Chief Executive of ICC

i. Manu Sawhney took over as the International Cricket Council (ICC) Chief Executive  Officer (CEO). Sawhney has been working alongside the outgoing CEO David Richardson for the last six weeks to ensure a smooth transition within the organization.
ii. Richardson will remain with the ICC until July as originally planned to oversee the delivery of the upcoming Men’s Cricket World Cup 2019.

Static/Current Takeaways Important For LIC AAO Mains Exam:

  • Chairperson: Shashank Manohar, Headquarters: Dubai, United Arab Emirates.
6. Zuzana Caputova Becomes 1st Female President Of Slovakia

i. Anti-graft lawyer Zuzana Caputova won Slovakia’s presidential election, making her the country’s first female head of state.
ii. The 45-year old political novice won about 58.3% of the voted ahead of the more politically savvy European commissioner Maros Sefcovic who took 41.7%.

Static/Current Takeaways Important for LIC AAO Exam:

  • Slovakia Capital: Bratislava, Currency: Euro.

Banking News

7. BOB Becomes 3rd Largest Bank As Dena, Vijaya Merger Take Effect

i. The amalgamation of Vijaya Bank and Dena Bank into the Bank of Baroda (BoB) has come into effect and all branches of the former two will function as branches of BoB. 
ii.  Post the merger, Bank of Baroda has become the third largest bank in the country. The merged entity would also receive Rs 5,042 crore fund infusion from the government.
Static/Current Takeaways Important For LIC AAO Mains Exam:
  • MD and CEO of Bank of Baroda is P. S. Jayakumar.
  • Headquarter of Bank of Baroda is in Vadodara.
8. RBI Sets NBFC-MFIs’ Average Base Rate At 9.21% For April-June

i. The Reserve Bank set the average base rate to be charged from borrowers by non-banking financial companies (NBFCs) and micro-finance institutions (MFIs) at 9.21% for the first quarter of the next fiscal (April-June). 
ii. RBI, on the last working day of every quarter, comes out with the average of the base rates of the five largest commercial banks for the purpose of arriving at the interest rates to be charged by NBFC-MFIs to its borrowers in the ensuing quarter.
Static/Current Takeaways Important For LIC AAO Mains Exam:
  • RBI 25th Governor: Shaktikant Das, Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.

Ranks and Reports

9. Dhanbad Tops 4G Availability Chart In India

i. A report by OpenSignal, which is named as ‘OpenSignal’s Hottest city for 4G Availability’ reveals the 4G Availability in India’s 50 largest cities
ii. Out of the 50 cities, Dhanbad, which is also known as the coal capital of India has the highest 4G availability of 95.3%, followed by Ranchi which has 95% of 4G Availability.
iii. Notably, both Ranchi and Dhanbad are two cities in Jharkhand and they are the only two cities to have over 95% of 4G coverage. 

Sports News

10. Miami Open: Federer Lifts 101st Career Title

i. Switzerland’s Roger Federer defeats USA’s John Isner in straight sets to lift his 101st career title at the Miami Open.
ii. Roger Federer has lifted his fourth title at the Miami Open. Federer is now behind only America’s Jimmy Connors with 109 career singles titles. 

11. South Korea Won Azlan Shah Hockey Cup

i. South Korea defeated India in the penalty shootout in the final of Sultan Azlan Shah Cup 2019.
ii. 17th Ranked South Korea defeated World number 5, India to win the Sultan Azlan Shah Hockey Cup which was held at Azlan Shah Stadium in Ipoh, Malaysia. India lost the match by 4-2 in the penalty shootout after regulation time ended 1-1.

12. Miami Open 2019 Concludes: Complete List of Winners

i. The Miami Open, sometimes known as the Miami Masters and part of the Sunshine Double, is an annual tennis tournament for men and women now held at the Hard Rock Stadium in Miami Gardens, Florida.
Here is the complete list of Winners of Miami Open 2019

13. India Open 2019 Concludes: Complete List of Winners

i. The 2019 India Open, officially the YONEX-SUNRISE India Open 2019, was a badminton tournament which took place at K. D. Jadhav Indoor Hall in New Delhi, India and had a total purse of $350,000.
ii. Viktor Axelsen of Denmark defeated India’s Srikanth Kidambi to win in men’s singles category while Ratchanok Intanon of Thailand won in Women’s singles category.
Here is the complete list of Winners of India Open 2019

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