Current Affairs Weekly One Liners : March 27 – April 01           

NATIONAL AFFAIRS

• The Navy’s iconic Tupolev-142M antisubmarinewarfare aircraft guarding the Indian Ocean region for almost three decades will be decommissioned
• Shivaji Memorial Committeein Mumbai stated that the height of Mumbai coast will be raised from 192 meters to 210
• Narendra Modi’s constituency, Varanasi,will hold a two-day G20 working group meeting on March 28^th and 29^th.
• Tanushree Pareek is the first combat officer in the 51years of history since 1965 in Border Security Force (BSF).
• Tamil Naduhas become the first to supply the expensive immunosuppressive drugs, free of cost, for organ-transplant patients to ‘Below Poverty Line’ patients
• Bihar Chief Minister Nitish Kumarwas bestowed with the ‘Anuvrata Puraskar 2016’ for implementing total prohibition of  in the state.
• TheRajasthan government has declared 5,656 villages in 13 districts as scarcity-hit in the state..
• The Centre will offer 100 crore eachto the top seven Indian Institutes of Technology (IITs) in the coming financial year to improve their quality in enhancing their global rankings.
• Indian Institute of Technology, Madras (IIT- M) and the Indian Army have signed a MoU to identify the critical technological areas that can be enhanced in the armed forces.
• ESIC’s first Mobile Clinic Services are launched in Telangana and Andhra Pradesh. 24th Februaryis celebrated as ESIC
• Indiahas become a net exporter of electricity for the first time, the cross-border transmission lines with neighbouring countries
• Reliance Group chairman Anil Ambanihas been inducted into the international advisory board of the global think tank, The Atlantic Council.
• Chandramouli, Director of Chennai International Airportreceived the Tamil Nadu Tourism Award 2016 in the category of ‘Best Tourist Friendly Airport’.
• President Pranab Mukherjeewill inaugurate Namami Brahmaputra, India’s largest river festival in 21 districts of Assam
• Kanhahas become the first tiger reserve in India to officially introduce a mascot  to preserve the hard ground swamp deer
• Former cricketer Sachin Tendulkarlaunched his Android and iOS app called ‘100MB’

            INTERNATIONAL AFFAIRS

• Iranwill impose sanctions on 15 U.S. companies for supporting Israel’s “terrorist actions”.
• HoustonIndia Conference was hosted by Asia Society Texas Center. The  theme of the Conference is ‘Make in India -The Inside Story’.
• Indian Oil Corporation Ltd.(IOCL) and the Nepal Oil Company (NOC) signed an agreement to renew supply of petroleum to Nepal
• NATOplans to spend 3 billion euros to upgrade its satellite and computer technology over the next three years
• The President of Nepal, Bidhya Devi Bhandari, will confer the title of “Honorary General of the Nepalese Army”to Gen. Rawat at an investiture ceremony.
• Tillersonwill hold his first meeting with NATO foreign ministers in Brussels to meet a defense spending goal of 2 percent of gross domestic product.
• Trade delegation from Chinese provinceof Shandong visits Kolkata  to set up “an agricultural demonstration centre” in the State.
• El Salvador became the first country in the world to ban metal mining.The decision was taken to protect the Central American country’s diminishing water sources

            BANKING & BUSINESS

• General Insurance Corporation (GIC Re)is the first PSU insurer to tap the capital market to manage its IPO.
• Pay U is planning to set up a Digibank serviceto look at easing account opening for youth and provide banking services to unbanked persons.
• Karur Vysya Bankhas been adjudged the ‘Best Small Bank for 2016’. This is the eighth award won by KVB in the current fiscal.
• Barron’s an American financial magazinehas listed 30 best CEOs in the world. HDFC bank CEO Aditya Puri is ranked at 23^rdposition.
• Bharat Dynamics Limited signed a MoU with Larsen & Toubrofor the export of the self-propelled underwater missiles Torpedoes (LWT – XP)
• The Centre said use of Bitcoinhas not been authorised by RBI and could breach anti-money laundering provisions
• com will expand its workforce and operations after Amazon clinched a deal to buy 100% of the Middle East online retailer, with an offer of $800 million.
• Stockholm-based Truecallerannounced partnerships in India with Bharti Airtel, ICICI Bank and Google with 150 million users.
• Tata AIA Life Insurance Co Ltdand Tata Teleservices Ltd (TTSL) joined to launch m-Insurance to bring the economically weaker sections under insurance cover.
• Vijaya bankinked an MoU with Piaggio, to provide financial support for the purchase of vehicles under Small Road Transport operators scheme in Bengaluru.
• The IRDAI has imposed a penalty of Rs.20 lakh on ICICI Prudential Life Insurance Company
• “SBI card Unnati” targeted at all SBI customers, including Jan Dhan account-holdersacross the country  with a balance of atleast  25000 in his/her savings account  would be eligible
• UCO Bankhas approved raising 1000 crore through issuance of tier-2 bonds to the Life Insurance Corporation of India.
• Asian Development Bankhas approved $175 million loan to Power Grid Corporation to expand its solar energy transmission network in India.
• Exim Bankwith African Development Bank (AfDB) approves co-financing of projects in sectors such as power, agriculture and
• Kotak Mahindra Bankannounced the launch of 8-11 apps completely digital and paperless account opening system, that can be used anytime
• The Bank Board Bureauhas recommended names of five candidates to the government for appointment as CEOs and MDs.
• The RBI increased Foreign Portfolio investors’ (FPI)limits on investment in government bonds by an aggregate 17000 crore for the April-June period.
• Vivo Healthcarehas inked a three-year partnership with Siemens Healthineers to introduce “medical lab technician” course in the country.
• The governmenthas lowered interest rates on small saving schemes  PPF, KVP and Sukanya Samriddhi scheme by 1 percent for the April-June quarter.

            SCIENCE & TECHNOLOGY

• Scientists identified a record-breaking brown dwarf that is about 90 times as massive as Jupiter, located 750 light years away
• SAW (single actuator wave-like robot) was invented which can navigate through the small intestines and could visualise the digestive system in real time.

            IMPORTANT DAYS

• World Theatre Day Celebrated On 27th March The First World Theatre day message was written by Jean Cocteauin 1962.

            SPORTS

• ONGC (Uttarakhand) wins Indian Overseas Bank (IOB)(55-52) in the men’s final of the 31st Federation Cup basketball championship
• West Bengalclinched the Santosh Trophy for the 32nd time for a 1-0 win over Goa in the premier domestic football tournament held in Goa.
• Salt Lake Stadium in Kolkata will be the venue for Under 17 football World cup. The slogan for the tournament will be “Football takes overs”.
• Bhubaneshwar Kalinga Stadiumwill host the Men’s hockey World League final 2017 and Hockey Men’s world cup 2018.
• Brazilhas become the first team to qualify for the football World Cup to be held in Russia from June 14 to July 15 in 2018.
• Indian hockey player SV Sunilwas named the Asian player of the year 2016. Drag-flicker Harmanpreet Singh named the promising player in the continental body’s annual awards.
• Navjot Singhof Punjab Secretariat and Alga W. James of Regional Sports Board, Mumbai, won the best athletes awards in the all-India Civil Services athletics championships

            AWARDS

• National Thermal Power Corporation Ltd. (NTPC) has been bestowed with ‘India Pride Award 2016-17’for best performance in the power sector.
• Odisha-basedinstallation artist Sitaram Swain has been chosen as the Glenfiddich’s Emerging Artist of the Year 2017.
• Indian-origin British Director Gurinder Chadhais honoured with the Sikh Jewel Award for 2017 award function.
• Ashwin was named as the ICC cricketer of the year 2016, he was honoured with prestigious Sir Garfield sobers Trophyin Dharmasala.

            BOOKS & AUTHORS

• Paralympian Devendra Jhajhariaand the Badminton team coach Pullela Gopichand released a book titled ‘Sports: A Way of Life’ by Kanishka Pandey
• Ivanka Trump, share her rules for success in an upcoming business book titled Women Who Work: Rewriting the Rules for Success.

            SCIENCE & TECHNOLOGY

• SAW (single actuator wave-like robot) was invented which can navigate through the small intestines and could visualise the digestive system in real time.

            OBITUARY

• South African anti-apartheid activist Ahmed Kathrada, one of Nelson Mandela’s closest colleagues died
• South African anti-apartheid activist Ahmed Kathrada, one of Nelson Mandela’s closest colleagues died
• Renowned playwright and Sahitya Akademi Awardwinner Padma Shri Arun Sarma
• American artist Gilbert Baker, who created the rainbow flagrecognized around the world as a symbol of gay pride, had died.