Daily Current Affairs 01 April 2018

Daily Current Affairs 1 April 2018

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Allahabad Bank cuts lending rates

Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each.The Bank has slashed base rate to 9.15% from 9.60%. BPLR has been brought down to 13.40% from 13.85%.The reduction in the rates will lower EMIs for its borrowers.Allahabad Bank is a nationalised bank with its headquarters in Kolkata, India.


First city to roll-out Euro VI fuel

With an aim to combat the rising levels of air pollution in Delhi-NCR region, petrol pumps in the capital have started supplying ultra-clean Bharat Stage VI grade fuel.This move makes New Delhi the first city in the country to switch from BS-IV grade fuels to BS-VI.The major difference in standards between the existing BS-IV and the new ​BS-VI auto fuel norms is the presence of sulphur.

India loses contact with GSAT-6A satellite

ISRO has lost contact with the GSAT-6A, India’s most powerful communication satellite, in less than 48 hours after it was launched.The GSAT-6A, the 2nd in the series of GSAT-6 satellites to provide high speed broadband on mobile phones was designed for a life of 10 years.This is the second mission failure for Isro in six months, with the previous one being the PSLV-C39.

Trekking trail for differently-abled, elderly

Nepal has launched its first “accessible” trekking trail in Pokhara city for the differently-abled and the elderly.The trail was inaugurated as a part of 3 day international conference on Accessible Tourism’ held for the first time in the Himalayan nation.’Accessible tourism’ is an emerging concept to ensure that tourist destinations, products and services are accessible to all people.

Veteran director CV Rajendran passed away

Veteran director CV Rajendran passed away in Chennai after a prolonged illness.Rajendran had worked with some of the big names in the industry that included Sivaji Ganesan, Rajinikanth and Kamal Haasan.He has also made films in other languages like Dulhan (Hindi), Thrimurthy (Kannada), and Chiranjeevi (Telugu).He brought together Sivaji Ganesan and Jayalalithaa and introduced Prabhu.

China’s Tiangong-1 space lab set to hit Earth

China’s Tiangong-1 or Heavenly Palace space station is set to re-enter Earth’s atmosphere b/w March 31 & April 1.Scientists have underlined that the danger of Tiangong-1 being hit by falling debris is tiny, as the structure is likely to burn up in the atmosphere during its re-entryIn 2011, China launched Tiangong-1 as a prototype for Beijing’s goal of establishing a permanent space station


S Korea, US began joint military drills

South Korea & US have kicked off their annual joint military exercises after they were delayed about a month for Olympics.Foal Eagle field exercise, which involves combined ground, air, naval & special operation troops, will continue for a month while the computer-simulated Key Resolve is scheduled for 2 weeks.The two drills would involve 23,700 US troops & 300,000 South Korean forces.

India, Pak to resolve harassment of diplomats

Ind & Pak have agreed to resolve the matter in line with provisions of a 1992 pact on treatment of officials posted at diplomatic missions.Code states that 2 sides will not resort to intrusive & aggressive surveillance & actions such as verbal & physical harassmentBoth sides have accused each other of harassing & ill-treating diplomats, taking bilateral ties to a fresh low.

World’s second largest mobile phone producer

As per the information shared by Indian Cellular Association, India is now the second largest mobile phone producer in the world after China.Annual production of mobile phones in India increased from 3 million units in 2014 to 11 million units in 2017.India replaced Vietnam to become ​the second largest producer of mobile phones in 2017.

Pathan joins J&K in player-cum-mentor role

Jammu & Kashmir Cricket Association has appointed former India all-rounder Irfan Pathan as the coach-cum-mentor of its senior state side for 2018-19 season.He will be the coach-cum-mentor of J&K team for a period of 1 year.Pathan played 29 Tests, 120 ODIs & 24 T20 for India b/w 2003 & 2012.He will also be holding coaching clinics in various parts of J&K for the development of the game.

MoS VK Singh to leave for Iraq

Minister of State for External Affairs VK Singh will leave for Iraq to bring back mortal remains of the 39 Indians killed by Islamic State terrorists in the war-torn country.As many as 40 Indians were abducted by terror group from Mosul in Iraq in June 2014, but one of them escaped posing as a Muslim from Bangladesh.The remaining 39 Indians were taken to Badoosh and killed.

E-way bill system comes into force

The Uniform System of e-way Bill for inter-State movement of goods has come into force from April 1, 2018.Under the new system, every transporter will have to carry a system-generated bill to move goods from one place to another.The e-way bill will be mandatory for inter-state transportation of goods with a value of 50 thousand rupees and above.



Sloane Stephens won Miami Open

US Open champion Sloane Stephens defeated Latvian Jelena Ostapenko 7-6 (7-5) 6-1 to win her first Miami Open title.Sloane Stephens has now won 6 WTA titles & has never lost in a final.This win will move Stephens into world top 10 for the 1st time.Stephens had beaten 3 former Grand Slam champs – Garbine Muguruza, Angelique Kerber, and Victoria Azarenka to make the final.

New head of BCCI’s Anti-Corruption Unit

BCCI has appointed former Rajasthan Director General of Police Ajit Singh as the head of its Anti-Corruption Unit.He will replace former Delhi Police Commissioner Neeraj Kumar.He will take charge of the office ahead of IPL and will be based out of BCCI headquarters in Mumbai.He has served Indian Police Service for 36 years & has headed the anti-corruption bureau of Rajasthan for 4 years.

Yogi inaugurated India’s longest elevated road

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a 10.3 km long Hindon Elevated Road, touted to be the longest elevated road in the country.It will be connecting Raj Nagar Extension in Ghaziabad to UP Gate, shortening an hour-long journey to just 18 minutes.The entire stretch of the Hindon Elevated Road is built on 228 single-pier pillars.

Mithali Raj adjudged Sportsperson of the Year

Indian women’s cricket team captain Mithali Raj was adjudged ‘Sportsperson of the Year’ at the Telangana Sports Journalists Association annual awards for 2017.She is the highest run-scorer in women’s international cricket and the only female cricketer to surpass the 6,000 run mark in ODIs.In December 2017, she was named as one of the players in the ICC Women’s ODI Team of the Year.

Russia test fired new ICBM ‘Sarmat’

The Russian military has successfully tested its latest intercontinental ballistic missile ‘SARMAT’.The RS-28 Sarmat can cross South Pole as well as the North Pole, the shortest route between Russia and US and can strike targets anywhere in the world.Sarmat is intended to replace the Soviet-designed Voyevoda, the world’s heaviest ICBM known as “Satan” in the West.

First bank to roll out AI-run voicebot

Kotak Mahindra Bank has launched the country’s first artificial intelligence-powered voice-bot ‘Keya’ in the banking sector.Keya uses automatic speech recognition, natural language understanding and text-to-speech technology.The ​voice-bot uses natural language understanding to navigate the customer directly to the destination where he can get his issue resolved.

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