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March 14, 2018

13th March 2018 Events - Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (13th March 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 13th March 2018

National Current Affairs
  • Prime Minister Narendra Modi today inaugurated the Delhi End-TB Summit at New Delhi.
    • The PM also launched TB-free India Campaign to eradicate tuberculosis (TB) from India by 2025, five years ahead of a globally-set deadline.
  • India's tallest National Flag was unfurled in Karnataka's Belgaum in the presence of several schoolchildren and political leaders. 
    • The 9,600-square-foot-wide flag on an over 110-metre-tall post is said to be a foot taller than the one installed along Attari border.
  • The President, Prime Minister, and Vice President will get their own customised planes by early 2020.
    • These planes will be purchased from Air India and configured to have VIP enclosures, press conference room, and anti-missile protection.
    • Note : Currently, for VVIPs, planes are borrowed from the Air India fleet, making it necessary to re-configure them accordingly.
  • The Supreme Court today indefinitely extended the March 31 deadline to link Aadhaar with bank accounts and mobile numbers
    • The top court said the government cannot insist on providing Aadhaar, even to issue Tatkal passports.
  • The 1st Regional Conference on Mass Rapid Transport Systems for Urban Areas – Opportunities and Challenges started in Kolkata.
    • The  conference was jointly organized by Ministry of Finance, AIIB, ASSOCHAM  and Research and Information System for Developing Countries (RIS).
Science & Technology
  • A report by the Stockholm International Peace Research Institute has revealed that India was the largest weapons importer in the world over the last five years, accounting for 12% of the total global imports. 
    • Russia was India's largest supplier, accounting for 62% of the imports.
    • With the imports of 57% US became India's second largest supplier.
  • Russian cybersecurity firm Kaspersky Lab's researchers have discovered a malware titled 'Slingshot' which spies on users' PCs via routers. 
    • The malware replaces a library file with a malicious version that downloads other components for free access to the compromised device. 
    • This malware can access data including keyboard strokes, network traffic, passwords, and screenshots.
  • French fashion designer Hubert Taffin de Givenchy (91) passed away.
    • He is the founder of the luxury fashion label Givenchy. 
Awards & Honors
  • The Union Government has approved proposal to institute Union Home Minister’s Medal for Excellence in Police Investigation
    • The award aims to promote high professional standards of Investigation of Crime in State/UT Police and Central Investigating Agencies (CIAs) in the country.
MOUs & Agreements
  • The Insolvency and Bankruptcy Board of India (IBBI) signed Memorandum of Understanding (MoU) with Reserve Bank of India (RBI) for increased cooperation in effective implementation of insolvency law
    • The MoU was singed at time when authorities are working on ways to address huge amount of non-performing assets (NPAs) in banking sector.
Banking, Business & Economic Affairs
  • India's largest lender State Bank of India (SBI) today slashed charges for non-maintenance of Average Monthly Balance (AMB) for customers in Metro and Urban centres from a maximum of ₹50 per month to ₹15 per month. 
    • Similarly, for Semi-Urban and Rural centres, the charges have been reduced from ₹40 to ₹12 and ₹10 respectively. 
    • The changes, effective April 1, will benefit 25 crore savings account customers.
  • The Railways has withdrawn the sale of i-Tickets through its IRCTC website from March 1st. 
    • Launched in 2002, i-Tickets were same as tickets booked at the counters and were delivered to the address specified by the passengers. 
  • PM Narendra Modi and French President Emmanuel Macron pledged to begin work on "the largest nuclear power plant in the world" in India by this year. 
    • Urging Electricite de France SA and India's Nuclear Power Corporation to accelerate discussions on a contract and start work at Maharashtra's Jaitapur, the leaders said the plant would have a 9.6-gigawatt capacity.

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