Current Affairs Updates - 30th March 2018
Current Affairs Updates - 30th March 2018 has all the important and Latest news headlines marked in bold along with some extra information given in bullet points. These are based on the latest pattern of Government Exams and are important for IBPS PO, RRB, RBI, CLERK, SSC and RAIL. Aspirants should go through them in details and also the bulllet points to gather complete information under each of the topics. Some of the headlines lik MoU between India and SACEP, launch of GSAT- 6, RBI imposed fine on ICICI Bank are some of the noteworthy news in here for today. You may also like our One Liner Static and GK Note Down Points and Current Affairs Quiz.
New Appointments: National
Additional Director General of Health Service Dr Promila Gupta will take over as the DGHS (officer incharge) in the Health Ministry from April 2.
- She will succeed Dr B D Athani, currently incharge of the DGHS office
RBI in News
RBI imposes Rs 59 cr penalty on ICICI Bank
- The Reserve Bank of India (RBI) has imposed a monetary penalty of 58.9 crore on ICICI Bank Ltd for non-compliance with the directions issued by RBI on direct sale of securities from its Held To Maturity (HTM) portfolio and specified disclosure in this regard.
Banking, Economic & Financial Affairs
SEBI to allow ‘physical settlement’ in derivatives
Sharing of co-location facilities for algo trading and introduction of physical settlements for derivatives are the two key decisions market regulator SEBI took at its board meeting on Wednesday.
Cabinet approves Schemes of North Eastern Council (NEC) including continuation of existing Schemes Expenditure worth Rs.4500 crore approved for three years upto March, 2020 NEC Special Development Project for NE States as Central Sector Scheme with 100% grant from Centre NLCPR transferred to NEC for implementation
- The projects under the existing Schemes of NEC, NLCPR (Central) and NERSDS will accrue socio-economic benefits to the people of North Eastern Region enhancing their capabilities and livelihood.
The government has allowed export of two million tonne of sugar until the end of 2017-18 marketing year, in order to clear surplus stocks and improve cash flow to millers for making payment to sugarcane farmers.
- Sugar mills owe Rs 13,899 crore to cane growers as on March 21 of the current marketing year (October-September), according to official data.
The NITI Aayog, launched the baseline ranking for 115 aspirational districts based on 49 indicators across five sectors that include health and nutrition, education, agriculture and water resources, financial inclusion and skill development, and basic infrastructure.
- This would be followed by delta ranking of these districts from May 2018 based on their "incremental progress", NITI Aayog CEO Amitabh Kant said at the launch of the baseline ranking.
A central task force on Artificial Intelligence (AI) has suggested creating a National Artificial Intelligence Mission (N-AIM) that will serve as a nodal agency for coordinating AI related activities in the country.
- The report of the task force, set up by the Union Commerce Ministry in August last, has also said “AI should be seen as a scalable problem solver in India rather than only as a booster of economic growth.”
Shekhar Kapur to head jury for 65th National Film Awards
- Filmmaker Shekhar Kapur has been appointed the chairperson of the central jury panel for the 65th National Film Awards, PTI reported citing sources in the Information and Broadcasting Ministry.
After celebrating Turban Awareness Day in UK’s Parliament , the states of New Jersey and Delaware has passed resolutions to celebrate every April as Sikh Awareness and Appreciation Month.
- On March 26th the New Jersey State Senate and Assembly passed a joint resolution designating April of every year as “Sikh Awareness and Appreciation Month.” Reportedly on March 28th, Delaware Governor John Carney had declared April as ‘Sikh Awareness and Appreciation Month’ during which the public would be educated about Sikhism.
The Sri Lankan government has decided to postpone International Workers’ Day events from May 1 to May 7 this year, to avoid an overlap with the Buddhist festival of Vesak.
- The government announced a Cabinet decision to this effect on Wednesday. May Day is being postponed to 7th of the month, “giving priority for religious activities in Vesak week”, a press release from President Maithripala Sirisena’s Office said.
China pledged to continue data sharing of Brahmaputra and Sutlej waters, marking another confidence building step between the two countries in the post-Doklam phase.
- The decision was taken during the 11th meeting of the India-China Expert Level Mechanism (ELM) on Trans-border Rivers. The two-day meeting began on March 26 in Hangzhou.
Science & Technology
ISRO's big launch of a home-made communications satellite - the GSAT-6A - twin of the GSAT- 6 launched in 2015 - lifted off from Sriharikota
- The GSLV is also called "Naughty boy" of Space Agency ISRO as only five of GSLV's 11 earlier launches have been successful. Around 400 scientists and engineers have been called in to help with the launch at the Satish Dhawan Space Center, located on the coast near Chennai.
Astronomers detect a hot, metallic Earth-sized planet outside our solar system
- An international team of astronomers has detected a hot, metallic, Earth-sized planet outside our solar system which has a density similar to Mercury.
Application / Portal
Employees' Provident Fund Organisation (EPFO) launched a new portal through which EPFO pensioners will get the details of pension-related information.
- The enhanced "Track eKYC" facility for the convenience of members has also been launched to check the status of Aadhaar seeded against their Universal Account Number (UAN).
MP govt launches ‘Kadaknath’ app to market rare chicken breed
- The “MP Kadaknath” mobile app aims to connect poultries that sale the breed with people from other parts of the country.
Schemes / Programme
The Cabinet Committee on Economic Affairs (CCEA) approved continuation of the Credit Guarantee Fund Scheme for Education Loans and continuation and modification of the Central Sector Interest Subsidy (CSIS) Scheme with a financial outlay of Rs 6,600 crore for the period from 2017-18 to 2019-20
- The Credit Guarantee Fund Scheme for Education Loans provides guarantee for the education loan disbursed by banks without seeking any collateral security and third-party guarantee, for a maximum loan amount of Rs 7.5 lakh per student.
The Cabinet Committee on Economic Affairs approved the proposal of the Department of School Education and Literacy to formulate an Integrated Scheme on School Education by subsuming the Sarva Shiksha Abhiyan (SSA), Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and Teacher Education (TE) from April 1, 2018 to March 31, 2020.
- The Cabinet also approved an estimated allocation of ₹75,000 crore over the period, which is a 20% increase over the current allocations.
Agreements/ MoUs Signed
The Cabinet gave its approval in signing of a Memorandum of Understanding (MoU) between India and South Asian Cooperative Environment Programme (SACEP) for cooperation on the response to Oil and Chemical Pollution in the South Asian Seas Region.
- The MoU intends to promote closer cooperation between India and other maritime nations comprising the South Asian seas region namely Bangladesh, Maldives, Pakistan and Sri Lanka for protection and preservation of marine environment in the region.
The Union Cabinet has approved signing of Memorandum of Understanding (MoU) between India and United Kingdom and Northern Ireland regarding cooperation in the field of organised crime.
- The MoU will reinforce collaboration in field of security that will be mutually beneficial.
- It is exchange of information for purposes of combating international criminality and tackling serious organised crime.
The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Canada to establish bilateral cooperation activities in field of Intellectual Property (IP).
- The MoU was signed in February 2018 and is intended to promote innovation, creativity and economic growth in both countries.
Summit /Conference / Events
Harsimrat Kaur Badal to inaugurate Rajasthan’s first mega food park in Ajmer
- The Food Park is being set up at a cost of Rs 113.57 crore and will benefit around 25,000 farmers in Ajmer as well as neighbouring districts.
Ministry of Women and Child Development holds First National Conclave on Psychological Trauma, Child Protection, and Mental Illnesses
- With an aim to provide a comprehensive synthesis of research, service provision, and clinical practice in addressing psychological trauma and subsequent mental illnesses in Indian children and adolescents, First ever National conclave was held on 27-28th March,2018 by the Ministry of Women & Child Development, in collaboration with the Dept. of Psychiatry, AIIMS in J L N Auditorium, AIIMS, New Delhi.