Daily Current Affairs 28th March 2018

National News

 
1. India’s 1st Insect Museum Opened In Tamil Nadu
 
i. A Rs 5 crore insect museum with the state-of-the-art amenities was unveiled by Tamil Nadu Chief Minister K Palaniswamy at the Tamil Nadu Agricultural University. The museum, established at a 6,691 sqft area, is fully dedicated to insects and is first of its kind in the country.

ii. It would display insects preserved as specimens as also live ones depicting their different developmental stages, images, videos and models of their unique behavior, habits, and habitats.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Tamil Nadu CM- Edappadi K Palaniswami, Governor- Banwarilal Purohit.

2. Jual Oram Launches Tribes India E-Commerce Portal And M-Commerce App

i. The Union Minister for Tribal Affairs, Jual Oram launched ‘e-Tribes: Tribes India’. It is an initiative for digital commerce at Tribes India Outlet in New Delhi. It included launch of e-commerce portal of TRIFED, www.tribesindia.com, and M-commerce, the android app ‘Tribes India’.
ii. The Minister also launched the Tribes India banner on Snapdeal, Amazon, Paytm and GeM for marketing of Tribal Products through these e-commerce portals. With this, more than 55 thousand tribal artisans connected to TRIFED will get access to local as well as International markets.
About TRIFED-
The Tribal Cooperative Marketing Development Federation of India (TRIFED) came into existence in 1987. It is a national-level apex organization functioning under the administrative control of Ministry of Tribal Affairs, Govt. of India. TRIFED has its registered and Head Office located in New Delhi and has a network of 13 Regional Offices located at various places in the country.
3. Ministry Of Power Joins Hands With Skill India To Support ‘Saubhagya’ Scheme
i. Ministry of Power partnered with the Ministry of Skill Development & Entrepreneurship to train the manpower in six states (Assam, Bihar, Madhya Pradesh, Jharkhand, Odisha and Uttar Pradesh) for speedy implementation of its SAUBHAGYA scheme.
ii. SAUBHAGYA (Pradhan Mantri Sahaj Bijli Har Ghar Yojna) aims to achieve universal household electrification in all parts of the country in a time-bound manner. Around 4 crore households are expected to get electricity connections under the scheme. A special project under the PMKVY has also been launched in these Six States.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Union Minister for Petroleum & Natural Gas and Minister for Skill Development & Entrepreneurship- Dharmendra Pradhan.
  • Union Minister of State (IC) for Power and New and Renewable Energy- R.K. Singh.

 

4. Department Of Posts Launches Cool EMS Service Between India And Japan
i. Ministry of Communications has launched the Cool EMS Service between India and Japan. Cool EMS service is one-way service from Japan to India which allows customers in India to import Japanese food items for personal use which is allowed under Indian regulations.
ii. Initially, Cool EMS Service will be available in Delhi only. Food items will be carried by Japan Post in special cool boxes containing refrigerant to preserve the quality of the food items. All other features like track and trace, etc of Express Mail Service (EMS) will be available for Cool EMS service as well.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Japan Capital- Tokyo, Currency- Japenese Yen, Prime Minister- Shinzo Abe.

 

5. SARAS Aajeevika Mela 2018 Held In New Delhi
i. SARAS Aajeevika Mela 2018 has been organized in New Delhi under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). It is one of the flagship programmes of the Ministry of Rural Development to alleviate rural poverty.
ii. The SARAS Aajeevika Mela 2018 in New Delhi is an endeavour of DAY-NRLM to provide to the rural women producers a national platform and an opportunity to showcase their products and seek buyers, either individuals or bulk buyers for sale nationally/internationally.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) was launched in 2011.

Agreements/ MoU

 

6. NITI Aayog’s Atal Innovation Mission Signs SOI With SAP Global
i. NITI Aayog’s Atal Innovation Mission announced the signing of a Statement of Intent (SOI) with SAP to promote a culture of innovation and entrepreneurship. As part of the SOI, SAP in 2018 will adopt 100 Atal Tinkering Laboratories (ATL) for five years to nurture the science, technology, engineering and mathematics (STEM) learning among secondary school children across India.
ii. The program aims to enable students to learn advanced technology topics relevant to digital transformation and the Internet of Things, e.g. Design Thinking methodology, introduction to programming languages and experiential science learning.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • NITI- National Institution for Transforming India.
  • NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh Kant.

 

7. India And China Agree To A Roadmap For Addressing Trade Imbalance
i. The eleventh session of the China-India joint-group on Economic Relations, Trade, Science & Technology was held in New Delhi. The session was co-chaired by the Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu and the Minister of Commerce of the People’s Republic of China, Zhong Shan.
ii. The two Ministers agreed to continue to take forward the initiatives identified in the Five Year Development Programme for Economic and Trade Cooperation between China and India signed in September 2014.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • China Capital- Beijing, Currency- Renminbi, President- Xi Jinping.

 

8. GIFT, Deloitte Sign MoU To Promote IFSC Operations
i. GIFT City has signed an MoU with Deloitte Touche Tohmatsu India LLP (DTTILLP), which renders consultancy services, for mutual cooperation in areas related to international financial services. GIFT City is a global business district offering a platform for business opportunities in international and domestic business operations.
ii. The MoU was signed with an aim of assisting domestic and international clients set up operations at the GIFT-located International Financial Services Centre (IFSC).
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Ajay Pandey Managing Director & Group CEO of GIFT City.
  • GIFT City- Gujarat International Finance Tec-City.


Economy/Banking/Business

 
9. India And ADB Sign $80 Million Loan Agreement
i. The Asian Development Bank (ADB) and the Government of India signed $80 million loan agreement to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh.
ii. The project will support the skill initiatives of Government of Himachal Pradesh and help the State step-up the reform and scale-up its skill development efforts.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • President of ADB- Takehiko Nakao, ADB Headquarters- Manila, Philippines, Opened on- 19th December 1966.

 

10. Google Acquires GIF Search Platform Tenor
i. Technology giant Google has acquired US-based Tenor, a GIF platform for Android, iOS, and desktop.
ii. Tenor’s GIF-searching functionality will be integrated into Google Images and Gboard, the company’s virtual keyboard. However, Tenor will continue to operate as a separate brand and Google will invest in their technology.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Google CEO- Sundar Pichai, Parent organization- Alphabet Inc., Headquarters- the USA.

 

11. Exim Bank Extends $500 Million Loan Facility To 15-Nation Group In Africa
i. The Export-Import Bank, Exim Bank has announced that it will provide a USD 500 million credit facility to Economic Community of West African States (ECOWAS) to fund various development projects in western-south Africa.
ii. According to the Bank, with the signing of line of credit (LoC) agreement, the Bank till date has extended four LoCs to the Bank for Investment and Development (EBID) of West African States , taking the total value of LOCs to USD 1,000 million. The LoC of USD 500 million is an umbrella limit for financing developmental projects in 15-member countries.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Established by the Government of India, EXIM Bank commenced operations in 1982 under the Export-Import Bank of India Act, 1981.
  • The Head Office of EXIM Bank is in Mumbai.
  • David Rasquinha is the Managing Director of EXIM bank.


Appointments 

 

12. Vijay Raghavan Appointed Principal Scientific Advisor To Government
i. Krishnaswamy Vijay Raghavan was appointed the principal scientific adviser to the government of India. Vijay Raghavan will succeed physicist Rajagopala Chidambaram who has been in the position for more than 16 years.
ii. Vijay Raghavan, a former director of National Centre for Biological Sciences, was appointed Secretary of Department of Biotechnology in 2013.
13. Indu Bhushan Appointed CEO Of Ayushman Bharat Mission
i. Indu Bhushan was appointed as the Chief Executive Officer (CEO) of the Union Government’s ambitious Ayushman Bharat National Health Protection Mission (ABNHPM).
ii. Bhushan, the Director General of East Asia Department, Asian Development Bank (ADB) in Manila, Philippines, has been appointed to the post for a period of two years.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The Ayushman Bharat National Health Protection Mission has the benefit cover of Rs 5 lakh per family per year.


International News

 

14. Win Myint Elected As New President Of Myanmar
i. Myanmar’s Parliament has elected Win Myint as the country’s new President. This comes after Myanmar’s first democratically elected President Htin Kyaw resigned from the position due to health issues.
ii. Myint is considered a close aide of State Counsellor Aung San Suu Kyi and has been a speaker in the lower house since 2012.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Myanmar State Counsellor- Aung San Suu Kyi, Capital- Naypyidaw.

 

Sports

 

15. ISSF Junior World Cup- Manu Bhaker, Anmol Jointly Lift Gold

i. The duo of Manu Bhaker and Anmol secured India’s seventh gold medal in the ISSF Junior World Cup in Sydney, Australia. The pair won the mixed 10-meter air pistol event with a qualification world record.
ii. They finished 5.6 advantage over their closest rivals, China’s Liu Jinyao and Li Xue. Overall, India occupied the second placed with 17 medals, including seven gold. China leads the tally with 21 podium finishes, including eight gold medals.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Australia Capital- Canberra, Currency- Australian Dollar, Prime Minister- Malcolm Turnbull.
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