Daily : April 4, 2018

Lead-up Conference to 3rd Annual Meeting of AIIB

Question: Recently, two day lead-up Conference in order to build-up the momentum for the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) was held at which of the following palces?
(a) Visakhapatnam
(b) Chennai
(c) Lucknow
(d) New Delhi
Answer: (c) 
Related Facts:

  • On April 3rd, 2018, two day second lead-up Conference in order to build-up the momentum for the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) at Visakhapatnam, Andhra Pradesh.
  • The theme of this was “Enhancing Port and Coastal Infrastructure: A Primer on Potential Areas”.
  • The two-day Regional Conference is being organized by the Ministry of Finance, Government of India in collaboration with AIIB, CII and Research and Infrastructure System (RIS) for Developing Countries.
  • Professor Amithab Kundu, Distinguished Fellow, RIS chaired the Inaugural Session of the two-day conference.
  • Around 150 delegates representing different industry, academic and research institutions are participating among others to deliberate upon the major bottlenecks in the quest for developing blue economy in the country in order to achieve higher and inclusive economic growth.
  • It is notable that India has identified more than 100 waterways under Sagarmala Project in order to lessen the logistic stress on road/rail freight transport in the country.
  • Central government has initiated 70 to 80 projects under PPP mode for Costal Infrastructure Development.
  • In Andhra Pradesh, Gangavaram and Krishnapatnam are being developed under PPP mode.
  • Visakhapatnam Port is one of the few ports in the country which have highest net-worth in terms of development.
  • There are five new AIIB funded projects which are underway in India with investments worth US$ 1.1 billion.

Reference:                                                             
http://pib.nic.in/newsite/PrintRelease.aspx?relid=178341

MoU between Indian Army and HDFC Bank

Question: A Memorandum of Undertaking (MoU) was signed between the Indian Army and HDFC Bank on the Defence Salary Package. Earlier a MoU was signed between the same two in which of the following year?
(a) 2010
(b) 2015
(c) 2011
(d) 2016
Answer: (c) 
Related Fact: 

  • On April 3rd 2018 a Memorandum of Undertaking (MoU) was signed between the Indian Army and HDFC Bank on the Defence Salary Package.
  • The first MoU between HDFC Bank and the Indian Army was signed in year 2011 and was renewed on March 13th
  • The current MoU is tailor made to suit the requirements of serving soldiers, pensioners and families.
  • The signing in ceremony was chaired by the Director General (MP&PS), Lt Gen S K Saini and was attended by the top dignitaries of HDFC Bank headed by Ms Smita Bhagat, Head Government Business and Branch Banking.
  • Currently Indian Army has MoUs on Defence Salary Package with 11 public and private sector banks.
  • MoUs are considered for inception and renewal with banks on analyzing their utility and suitability to the requirements of serving soldiers, pensioners and families.
  • Army is hoping that this MoU will benefit a large number of serving and retired Army personnel who are having their accounts with HDFC bank; and also provide them an opportunity to access modern banking facilities.
  • Under the current MoU apart from other benefits the Army personnel will get free personal accident death cover and free permanent disability cover of Rs 30 lakhs, free educational cover of upto Rs 1 Lakh per year for four years for education of dependent child in case of accidental death of defence personnel and 100% processing fees waived for Car Loans and Personal Loans.

Reference:                                     
http://pib.nic.in/newsite/PrintRelease.aspx?relid=178325

World Autism Awareness Day 2018

World Autism Awareness Day

Question: When ‘World Autism Awareness Day’ is celebrated?
(a) March 28th
(b) April 4th
(c) April 2nd
(d) April 3rd
Answer: (c) 
Related Fact: 

  • On April 2nd, 2018 ‘World Autism Awareness Day’ was celebrated.
  • The theme of this day in year 2018 – ‘Empowering Women and Girls with Autism’.
  • Its purpose is to promote, protect and ensure the full and equal enjoyment of all human rights and fundamental freedoms by all persons with disabilities, and to promote respect for their inherent dignity.
  • What is autism –
  • Autism is a lifelong neurological condition that manifests during early childhood, irrespective of gender, race or socio-economic status. The term Autism Spectrum refers to a range of characteristics.
  • Appropriate support, accommodation and acceptance of this neurological variation allow those on the Spectrum to enjoy equal opportunity, and full and effective participation in society.
  • In 2008, the Convention on the Rights of Persons with Disabilities entered into force, reaffirming the fundamental principle of universal human rights for all.

Reference:            
http://www.un.org/en/events/autismday/

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