Current Affairs for BANK, IBPS Exams - 30 March 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 30 March 2021


PM Modi unveils new version of 'Exam Warriors'

  • The new version of Exam Warriors written by Prime Minister NarendraModi is now available with many new mantras for students as well as parents. It is available at retail stores as well as online. The Exam Warriors module is also available on the NaMo App.
  • In a series of tweets, MrModi said, the new edition of the book has been enriched with valuable inputs from students, parents and teachers. Substantive new parts have been added that would especially interest the parents and teachers. He said the book reaffirms the need to remain stress free before an exam. The Prime Minister added that it has many interactive activities for students and parents.

Jaishankar may present India’s views on Afghan peace process in Tajikistan

  • External affairs minister S Jaishankar is expected to present India’s views on the troubled Afghan peace process at a crucial meet on Afghanistan hosted by Tajikistan and hold meetings with leaders of Central Asian states.
  • Jaishankar is in the Tajik capital of Dushanbe at the invitation of his counterpart SirojiddinMuhriddin. Ahead of the ministerial meeting of the Heart of Asia-Istanbul Process, Jaishankar held talks with Afghan President Ashraf Ghani on Monday night and shared India’s perspectives on the peace process.
  • The minister tweeted about his visit on Monday and said, “Look forward to my bilateral visit and attending the Heart of Asia Conference tomorrow.”
  • A lot of speculation regarding Jaishankar’s visit has focused on whether he will hold a meeting with his Pakistani counterpart Shah MahmoodQureshi, who is also attending the Heart of Asia meet. However, there was no official word from the Indian or Pakistani sides about such a meeting.

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Freight ship Ever Given stranded in Suez Canal freed

  • The course of the 400m-long (1,300ft) Ever Given has been corrected by 80%, according to the Suez Canal Authority.
  • It added that further efforts to move the boat would resume later on Monday.
  • But the head of a company involved in the rescue efforts urged caution, warning that completing the operation would not be "a piece of cake".
  • The Ever Given has been blocking one of the world's busiest trade routes, forcing companies to reroute ships and causing long tailbacks of hundreds of vessels.
  • The reports that the ship had been partially freed raised hopes that traffic along the canal could resume within hours, clearing the way for an estimated $9.6bn (£7bn) of goods being held up each day.
  • Rescue workers from the authority and the Dutch company Smit Salvage used tug boats to wrench the rear of the ship from the canal bank.
  • Alongside the tugs, dredgers have been digging out sand and mud from under the bow of the vessel.
  • The stern, which had been 4m from the shore, was now 102m clear, the Suez Canal Authority said, adding that the boat had been fully refloated.
  • Efforts to move the boat resumed at 11:30 local time (09:30 GMT) when the tide was due to rise.


Visa moves to allow payment settlements using cryptocurrency

  • Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
  • The company told Reuters it had launched the pilot program with payment and crypto platform and plans to offer the option to more partners later this year.
  • Bitcoin, the most popular crypto coin, jumped to a one-week high on the news, rising as much as 4.5% to $58,300 and heading back toward a record-high above $61,000 hit earlier this month.
  • Visa subsequently confirmed the news in a statement.
  • The USD Coin (USDC) is a stablecoincryptocurrency whose value is pegged directly to the U.S. dollar.
  • Visa's move comes as finance firms including BNY Mellon, BlackRockInc and MastercardInc take steps to make more use of cryptocurrencies for investment and payment purposes.

Actis to set up two green firms with USD 850 million

  • Private equity firm ActisLlp plans to invest $850 million in India to build two green energy platforms, said two people aware of the development, highlighting continuing interest among global investors in the domestic renewable energy market.
  • The first platform will focus on setting up grid-connected solar and wind power parks while the second will cater to the growing commercial and industrial (C&I) segment. These investments will be made from Actis Energy 5 LP fund.
  • “While Actis plans to make an equity investment of around $600 million for the new firm that will set up grid-connected wind and solar projects, the other new firm that will cater to the C&I segment may see an equity investment of around $250 million,” said one of the two people requesting anonymity.
  • Considering the regulatory risks over green energy contracts and their enforcement, investors are increasingly looking at the C&I space as it tends to be insulated from risks such as curtailment in procuring power and tariff-shopping by state-owned discoms.


A 'starter kit' for supermassive black holes?

  • Scientists have reported the discovery of a rare, medium-sized black hole that may help answer one of the more tantalising questions in astronomy: how do their supermassive counterparts come into being?
  • There are two well-known sizes of black hole -- at one end, so-called stellar-class ones which are typically three to ten times the mass of our Sun -- and at the other, supermassive ones, found at the centre of most galaxies, including the Milky Way, which are millions to billions times heavier.
  • The newly detected 'goldilocks' black hole -- about 55,000 solar masses -- could be a missing link between these two extremes, scientists suggested Monday in the journal Nature Astronomy.
  • Up to now, only a handful of intermediate-mass black holes -- between 100 and 100,000 solar masses -- have been detected, and none have been squarely in the middle of that range.


Skipper Manpreet returns to lead India in Argentina

  • The Indian men's hockey team skipper Manpreet Singh on Tuesday returned to the side for the FIH Pro League games against Olympic champions Argentina next month.
  • Manpreet had opted out of the recent Europe tour due to personal reasons.
  • Experienced drag-flick specialist Rupinder Pal Singh as well as Varun Kumar, who had missed out the previous tour owing to rehab, are also back in the mix.
  • Hockey India announced a 22-member squad which will take on Argentina on April 11 and 12 in Buenos Aires.

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