Daily Current Affairs 27th February 2018

National News

1. India-Korea Business Summit In New Delhi

i. PM Narendra Modi addressed the 2nd India-Korea Business Summit in New Delhi. The theme of the Summit this year is “India-Korea: Scaling up the Special Strategic Relationship through Trade and Investments”.

ii. The Summit aims to create the framework for an open and action-oriented dialogue between top business leaders and Government officials from both countries. India and Korea are the third and fourth largest economies in Asia. The two way trade between India and South Korea currently stands at nearly 17 billion dollar.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • South Korea President- Moon Jae-in, Capital- Seoul.


2. Blue-Coloured Baal Aadhaar Card Launched By UIDAI
i. Unique Identification Authority of India (UIDAI) introduced a ‘Baal Aadhaar’ card for children below the age of five years. No biometric details will be required to get this blue-coloured Baal Aadhaar card.
ii. A child below 5 years of age gets a blue in coloured Aadhaar known as Baal Aadhaar. When the child becomes 5 years old, a mandatory biometric update is required.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • UIDAI Chief Executive Officer(CEO)- Ajay Bhushan Pandey, Headquarters- New Delhi.

3. Uma Bharti Launches 2nd Project Of Swajal Yojana In Rajasthan
i. Union Minister of Drinking Water and Sanitation, Uma Bharti launched the Swajal pilot project at Village Bhikampura in Rajasthan. Besides ensuring the availability of clean drinking water to every household round the year, the project would also generate employment.
ii. Swajal is a community-owned drinking water programme for sustained drinking water supply. Under the scheme, 90% of the project cost will be taken care by the Government and the remaining 10% of the project cost will be contributed by the community.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Rajasthan CM- Vasundhara Raje, Governor- Kalyan Singh.



4. TV Journalist Rahul Mahajan Named Rajya Sabha TV Editor-In-Chief

ii. Television journalist Rahul Mahajan has been appointed as editor-in-chief of the television channel Rajya Sabha TV. Mahajan’s name was recommended by a five-member selection committee headed by Prasar Bharti chairman A. Surya Prakash and was approved by the vice-president of India M.Venkaiah Naidu.
ii. The committee also included Swapan Dasgupta, Shashi Shekhar Vempati, P.P.K. Ramacharyulu and Rahul Srivastava.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • M.Venkaiah Naidu, who is also the chairman of Rajya Sabha.
  • Founded in 2008, Rajya Sabha TV is owned and operated by Rajya Sabha and covers the proceedings of the upper house of the Parliament.


International News

5. China Becomes Vice President Of Financial Action Task Force

i. China was elected as the Vice President of Financial Action Task Force (FATF), a global body mandated to combat terror financing and money laundering. China’s election came after the FATF plenary meeting in Paris.
ii. China’s election to the FATF assumes significance as Pakistan is set to be put in the FATF ‘grey list’ in June 2018. The grey lists put countries under the scanner for not implementing the objectives of the task force.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • The Financial Action Task Force (FATF) was set up in 1989.

6. Michael McCormack Named Australia’s New Deputy Prime Minister
i. Michael McCormack has been elected new Deputy Prime Minister of Australia. He has replaced former Deputy Prime Minister Barnaby Joyce.
ii. The leader of the National Party automatically becomes deputy prime minister under the terms of the coalition agreement with Prime Minister Malcolm Turnbull’s Liberal party.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Australia Capital- Canberra, Currency- Australian dollar, Prime Minister- Malcolm Turnbull.


Banking and Economy 


7. EPFO Introduces UAN- Aadhar Linking New Facility
i. Employees’ Provident Fund Organisation (EPFO) has introduced UAN-Aadhaar linking facility for the convenience of members using EPFO Link in UMANG Mobile App.
ii. The facility on e-KYC Portal has further added a new feature to link UAN with Aadhaar online using biometric credentials.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • UAN stands for Universal Account Number.
  • EPFO has reduced the interest rate on deposits to 8.55% for 2017-18 from 8.65% for 2016-17.




8. India Ranks 47th On Inclusive Internet Index: Facebook
i. India has been ranked 47th out of 86 countries on the Inclusive Internet Index by the Economist Intelligence Unit (EIU), which was commissioned by Facebook.
ii. Sweden took the first place, followed by Singapore and the US. The scores on the index, which covered 91% of the world’s population, is based on the scores of Availability, Affordability, Relevance and Readiness categories.

Sports News

9. MC Mary Kom And Seema Poonia Bag Silver Medals In Strandja Memorial Boxing Tournament

i. Indian stars Seema Poonia and MC Mary Kom have settled for Silver medals after losing in the final of 69th Strandja Memorial Boxing tournament at Sofia in Bulgaria.
ii. While Mary Kom lost to Bulgarian Sevda Asenova in the 48-kilogram title bout, Seema went down to Russian Anna Ivanova in the 81 kg final. Overall Indian women ended up with two silver and four bronze medals in one of the oldest boxing tournaments in Europe.
iii. Indian boxer Vikas Krishan claimed a gold medal after defeating Troy Isley of the USA. Vikas was adjudged the best boxer of the event, a first for an Indian.
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Bulgaria Capital- Sofia, Currency- Bulgarian lev.
10. PyeongChang Winter Olympics 2018- Important Highlights
i. PyeongChang Winter Olympics 2018, officially known as the XXIII Olympic Winter Games were held in Pyeongchang, South Korea. The motto of  Winter Olympics 2018 was “Passion.Connected”. Soohorang, a white tiger, and Bandabi, an Asiatic black bear were the official mascots for this event.
Top Tally- Top 3 Countries-
1. Norway (Total 39, 14 Gold, 14 Silver, 11 Bronze).
2. Germany (Total 31, 14 Gold, 10 Silver, 7 Bronze).
3. Canada (Total 11, 8 Gold, 10 Silver, 29 Bronze).
Important Highlights-
  1. Czech Republic’s Ester Ledecka became the first woman to claim gold medals in two sports at a Winter Olympics after claiming her second one in a snowboarding event at the PyeongChang Winter Games.
  2. Fifteen-year-old Russian figure skater Alina Zagitova beat her teammate and two-time world champion Evgenia Medvedeva to win gold.
  3. Norwegian cross-country skier Marit Bjoergen became the most successful Winter Olympian in history after claiming her 14th medal. The 37-year-old, who has won seven gold, four silver and three bronze medals at Winter Olympics, overtook compatriot Ole Einar Bjoerndalen, who earned 13 medals.
  4. Norway’s Havard Lorentzen won the men’s 500-metre speed skating by a margin of just 0.01 seconds to set a Winter Olympics record.
  5. Yuzuru Hanyu won Japan’s first gold medal at PyeongChang Winter Olympics and also became the first figure skater in 66 years to win back-to-back Winter Olympic gold medals in the men’s singles event.
  6. Seventeen-year-old snowboarder Redmond Gerard won the first gold medal for the United States at Winter Olympics.


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