Current Affairs 3rd May 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!

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National News

1. BSNL Launches ‘Bharat Fibre’ Broadband Service In Kashmir Valley

i. State-owned telecom firm BSNL has become the first operator to start optical fibre-based high-speed broadband service in Pulwama with the launch of ‘Bharat Fibre’.
ii. This is the first such FTTH (fibre-to-the-home) service deployment in the (Kashmir) Valley. The service has been launched in a business partnership model with the local channel partner of Pulwama area, on a revenue sharing basis.
2. Mangaluru Police Gets An All-women Patrol Unit “Rani Abbakka Force”

i. Mangaluru City Police has launched an all-women police patrol unit ‘Rani Abbakka Force’. The force will cover the malls, beaches, educational institutions, places of religious importance, and the public transport system and handle issues related to eve-teasing and chain-snatching, among others.
ii. All-women police patrol force has been named after the 16th-century warrior of coastal Karnataka, Queen Abbakka of Ullal near Mangaluru, who fought the Portuguese in the 16th century.
Static/Current Takeaways Important for LIC AAO Exam:
  • Karnataka Capital: Bengaluru, CM: H.D Kumaraswamy, Governor: Vajubhai Vala.
3. Government and IIT-Delhi To Set up a CoE For Waste to Wealth Technologies

i. The Office of the Principal Scientific Adviser (PSA) to the Government of India and Indian Institute of Technology Delhi (IIT Delhi) signed an MoU in New Delhi for setting up a Centre of Excellence (CoE) for Waste to Wealth Technologies for implementation of sustainable, scientific and technological solutions for waste management.
ii. The waste to wealth mission project has been approved under the recently constituted Prime Minister’s Science Technology and Innovation Advisory Council (PM-STIAC). 
4. CBDT And GSTN Sign Pact To Nab Evaders 

i. To nab tax evaders and reduce black money generation, the Central Board of Direct Taxes (CBDT) and Goods and Services Tax Network (GSTN) signed an agreement to facilitate the exchange of data between the two.
ii. The I-T department will share key financial information, including the status of I-T return filings, turnover of business, gross total income, and turnover ratio among others with GSTN, the information technology backbone of the two-year-old indirect tax regime.
Static/Current Takeaways Important For LIC AAO Mains 2019:
  • PC Modi is the present Chairperson of CBDT.

International News

5. 16th Ministerial Meeting of Asia Cooperation Dialogue Held in Qatar

i. The 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) was held in Doha, Qatar. Gen. (Dr) V.K. Singh (Retd), Minister of State for External Affairs led the Indian delegation.
ii. The theme of the meeting was “Partners in Progress”.

Static/Current Takeaways Important For Uttarakhand District Cooperative Bank:
  • ACD was founded in 2002 and India is a founder member of it. 

6. Vladimir Putin Signs Law To Create Independent Russian Internet

i. Russian President Vladimir Putin has signed into law a new measure that aims to expand government control over the Internet.
ii. It would enable the creation of a national network, able to operate separately from the rest of the world. The new law aims to protect Russia from foreign online restrictions by creating a “sustainable, secure and fully functioning” local internet.

7. UK Parliament 1st In World To Declare Climate Emergency

i. The UK parliament became the first national legislative body in the world to declare a climate change emergency.
ii. It also calls for the government to work towards carbon neutrality before 2050 and for ministers to draft proposals within the next 6 months to restore the country’s environment and create a “zero waste economy.”

Static/Current Takeaways Important for LIC AAO Exam:

  • UK Capital: London, Currency: Pound sterling.
Important Days

8. World Press Freedom Day: 3rd May

i. World Press Freedom Day (WPFD) is celebrated all over the world on the 3rd of May. 
ii. The theme for WPFD 2019 is “Media for Democracy: Journalism and Elections in Times of Disinformation”. 
Static/Current Takeaways Important For LIC AAO Mains 2019:
  • Norway is ranked first in the 2019 World Press Freedom Index compiled by Reporters Without Borders (RSF).
  • India Ranked 140th in 2019 World Press Freedom Index.

Business News

9. Huawei Overtakes Apple To Become 2nd Biggest Smartphone Maker

i. Huawei Technologies Co overtook Apple Inc to claim the No. 2 spot in smartphones making in the first quarter, moving a step closer to its avowed ambition of displacing Samsung at the top of the market.
ii. Huawei’s been steadily gaining on Apple and Samsung Electronics Co. with an increasingly high-end line-up of devices.

10. Former ISRO Chairman Awarded France’s Highest Civilian Honour

i. Former ISRO chairman A S Kiran Kumar was conferred with France’s highest civilian honour, Chevalier de l’Ordre national de la Legion d’Honneur, for his contribution to India-France space cooperation.
ii. Kumar was conferred with the prestigious honour by France’s Ambassador to India Alexandre Ziegler on behalf of the French President. 

Static/Current Takeaways Important for LIC AAO Exam:
  • A S Kiran Kumar served as the Chairman of the Indian Space Research Organisation from 2015 to 2018.

Sports News

11. Bajrang Punia Wins Gold In Ali Aliyev Wrestling Tournament

i. World number one Bajrang Punia has become the first Indian to win gold at the Ali Aliev wrestling tournament after defeating Viktor Rassadin of Russia in the 65 kg freestyle in Kapiisk.
ii. Bajrang, who is part of the JSW Sports Excellence Program, will fight at the historic Madison Square Garden arena. 

12. Jaipur To Host Asian Youth Women Handball Championship

i. Jaipur will host the 8th Asian Youth Women Handball Championship in which 10 teams will be participating. It will be played in August 2019
ii. The previous edition in 2017 was held at Jakarta in Indonesia where South Korea was the champion while Japan and China were placed second and third respectively.
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