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April 12, 2018

12th April 2018 Events - Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (12th April 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 12th April 2018

International Current Affairs
  • Today (12th April) is the International Day of Human Space Flight / Cosmonautics Day / International Day of Aviation and Cosmonautics.
    • This day is observed to commemorate the date of the first human space flight in the history of mankind. 
    • On this day in 1961, Yuri Gagarin, a Soviet Union (USSR) cosmonaut undertook first successful first human space flight
    • Cosmonaut meaning = an astronaut (= a person who travels into space) from Russia
  • India ranked 130th in the Economic Freedom Index 2018 (last year's rank 143). 
    • Top 10 countries in Economic Freedom Index 2018
      • Hong Kong, 
      • Singapore, 
      • New Zealand, 
      • Switzerland, 
      • Australia, 
      • Ireland, 
      • Estonia, 
      • United Kingdom, 
      • Canada 
      • UAE
  • The 16th International Energy Forum (IEF) Ministerial Meeting concluded today in New Delhi. 
    • For the second time India has hosted this prestigious meeting (1st time in 1996 at Goa).  
    • This meeting was formally inaugurated by Prime Minister Narendra Modi.  
    • The meeting was attended by Petroleum Ministers from 42 countries and was co-hosted by China and South Korea.
    • Theme of 2018 Ministerial Meeting IEF : “The Future of Global Energy Security : Transition, Technology, Trade and Investment”. 
    • Aim of this meeting : To improve policy and investment decisions, and through increased knowledge and experience sharing.
Banking, Business & Economic Affairs
  • The Reserve Bank of India (RBI) today imposed a penalty of ₹3 crore on IDBI Bank for failing to comply with norms related to reporting bad loans.
    • In July 2017, IDBI Bank had under-reported ₹6,816.6 crore of bad loans for FY16, which were subsequently identified by the RBI.
    • Note :  The RBI has mandated banks to disclose divergences that exceed 15% of the reported number.
  • The Union Cabinet has allowed Ministers of Petroleum and Finance to award oil and gas blocks to successful bidders in an attempt to improve ease of doing business. 
    • Until now, only the Cabinet headed by Prime Minister had the powers to approve such allotments. 
Awards & Honors
  • Team India captain Virat Kohli has been named Wisden's leading male cricketer for the 2nd year in a row. 
    • With this, Kohli has become the 3rd cricketer after Virender Sehwag and Kumar Sangakkara to be honoured with the award multiple times. 
    • Important Note : Mithali Raj has been honored as Wisden's leading female cricketer.
Science & Technology
  • The Indian Space Research Organization (ISRO) today successfully launched the IRNSS-1I navigation satellite.
    • IRNSS-1I will replace the IRNSS-1A which was rendered ineffective after its atomic clocks failed.
  • The Indian Institute of Technology (IIT)-Delhi has installed Massive Multiple-Input, Multiple-Output (MIMO) lab on campus for standardisation, R&D and manufacturing of 5G equipment
    • Note : It will be the first of its kind 5G lab in the country and has been set-up at Bharti School of Telecommunication Technology and Management.
MOUs & Agreements
  • India and Morocco have signed Memorandum of Understanding (MoU) in the fields of Mining and Geology for a period of 5 years to promote mineral exploration. 
  • The Union Cabinet has approved Memorandum of understanding (MoU) between India, United Kingdom and Northern Ireland on the return of Illegal Migrants.
Books & Authors
  • Bollywood Actress Katrina Kaif is going to release her autobiography which has been tentatively titled 'Barbie Dreams'.
    • Note : She is the only Indian actor to have a Barbie doll modelled on her. 
Sports Current Affairs
  • Indian badminton player Kidambi Srikanth has become the first Indian male badminton player to attain the world number one ranking since Prakash Padukone in the 1980s. 
  • Indian wrestler and Olympic medallist Sushil Kumar bagged his third straight Commonwealth Games gold medal after winning the men's Freestyle 74 kg event today. 
  • Indian wrestler Babita Kumari Phogat won a Silver medal in the women's freestyle 53 kg Nordic System event to claim India's first wrestling medal at the Commonwealth Games 2018. 
  • Indian wrestler Rahul Aware bagged India's first wrestling gold medal at the Commonwealth Games 2018 after beating Canada's Steven Takahashi in the final of men's Freestyle 57 kg event today. 
  • India shooter Tejaswini Sawant won Silver in the women's 50m Rifle Prone event at the Commonwealth Games 2018. 
    • This was India's 12th medal in shooting including four golds and 25th overall including 12 golds.
  • IPL chairman Rajeev Shukla has confirmed that remaining matches scheduled in Chennai will be shifted due to the Cauvery protests in Tamil Nadu. 
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