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Weekly Current Affairs March 2018: Week 4

Published on March 26, 2018

Banking and Financial Awareness:

  • USA Bans Use Of Venezuelan Cryptocurrency- Petro
  • Online Food ordering and delivery platform Swiggy has partnered with the country's largest private sector lender ICICI Bank to roll out two digital solutions to facilitate the transfer of funds for its delivery 
  • Allahabad Bank Gets Nod For ABFL Merger.
Weekly Current Affairs March 2018: Week 4th


  • Yi Gang Named Head Of People's Bank Of China.
  • Atul M. Gotsurve Appointed Next Ambassador Of India To the Republic Of Korea.
  • John Bolton Replaces McMaster As US National Security Adviser
  • Balesh Sharma Named CEO Of Vodafone-Idea India Merged Entity.
  • Sangeeta Bahadur Appointed Next Ambassador Of India To Belarus.
  • Xi Jinping Re-Elected China President, Wang Vice President.
  • Martin Vizcarra Sworn In As Peru's New President

Honour, Awards and Ranks

  • India’s Purva Barve has won the Women’s Singles (Under-19) title at the Israel Junior 2018 Badminton tournament held in Rishon LeZion, Israel.
  • National Cultural Audiovisual Archives (NCAA) project of the Ministry of Culture, Government of India, implemented by Indira Gandhi National Centre for the Arts (IGNCA) has been certified as the world’s first Trusted Digital Repository as per ISO standard, granted by Primary Trustworthy Digital Repository Authorisation Body Ltd. (PTAB), United Kingdom.
  • World's Most Liveable City Report- Vienna Tops, Baghdad Worst
  • Worldwide Cost Of Living Report 2018- Singapore Most Expensive, Damascus Least.
  • 105th Indian Science Congress- DRDO Gets ‘Most Informative Pavilion’ Award
  • Canadian Mathematician Robert Langlands Wins Abel Prize
  • Singapore Airport Rated World's Best, Mumbai Ranked 63rd
  • 105th Indian Science Congress- NHAI Receives Best Design Pavilion Award.
  • G.K. Reddy Award For Journalist Karan Thapar.
  • Raja Ravi Varma’s painting on Tilottama fetches over Rs.5 crore at New York auction. 

MOU’s, Agreement and Summits

  • India And EU Signed Agreement On Sharing Earth Observation Data
  • India's largest lender SBI and India Mortgage Guarantee Corporation (IMGC) signed a pact to offer mortgage guarantee scheme for prospective non-salaried and self-employed home loan customers.
  • India Signs Double Taxation Avoidance Treaty With Hong Kong.
  • NITI Aayog, Piramal Foundation Inks Agreement.
  • 7th India-Egypt Joint Commission Meeting Held In New Delhi
  • ISRO Ties Up With BHEL.
  • HDFC Bank Signs MoU With Government E-Marketplace

Important News- World

  • Mauritius President Ameenah Gurib-Fakim Resigns Over A Financial Scandal.
  • UN Issues $951 Million Appeal For Rohingya Refugees.
  • Vladimir Putin Wins Historic 4th Term As Russian President.
  • Axis Bank had opened a representative office in Sharjah, to better serve its customers in the emirate and to expand its retail offerings to customers in the neighbouring northern emirates.
  • Myanmar President, Htin Kyaw Resigns.
  • Nanda Bahadur Pun Elected Nepal's Vice President.
  • General Insurance Corporation is going to start operations at the Lloyd’s London office in April 2018 thereby increasing its share of international business.
  • 1st G20 Ministerial Meeting Held In Argentina.
  • World’s Longest Sandstone Cave Discovered In Meghalaya.
  • 44 African countries sign agreement to establish African Continental Free Trade Area.
  • Global carbon emissions hit record high in 2017: IAE.

Important Dates

  • International Day Of Happiness- 20 March.
  • World Sparrow Day- 20 March
  • World Water Day- 22 March
  • World Tuberculosis Day- 24 March


  • Veteran Hindi Poet Kedarnath Singh Passes Away.
  • Pulitzer Prize Winner Les Payne Die

Important News- India

  • Navy Chief Sunil Lanba To Be On A 5-Day Visit To USA
  • President Inaugurates Festival Of Innovation And Entrepreneurship.
  • Informal WTO Ministerial Meeting Held In New Delhi.
  • 1st India-Japan Workshop On Disaster Risk Reduction Inaugurated.
  • Lok Sabha Passes Amendment To Stonewall Scrutiny Of Foreign Poll Funding.
  • President Released Coins Commemorating Nabakalebara Festival
  • PM Modi Lays Foundation Stone Of Navi Mumbai Airport.
  • 1st National Workshop On POSHAN Abhiyan Held In New Delhi.
  • German President Frank-Walter Steinmeier On 5-Day Visit To India.
  • Union Cabinet Approves 'Ayushman Bharat' Health Scheme-Under which free medical treatment 5 lakhs/family and covers more than 50 crores family in the country.
  • Bihar Governor Satya Pal Mallik Gets Additional Charge Of Odisha
  • The Ministry of Mines has organized the 3rd National Conclave on Mines & Minerals in New Delhi.
  • 1st Indian Sign Language Dictionary Of 3000 Words Launched.
  • The Biotechnology Industry Research Assistance Council (BIRAC) under the Department of Biotechnology celebrated its sixth foundation day in New Delhi.
  • 1st National Conference On Drug Law Enforcement Inaugurated
  • Union Agriculture Minister, Radha Mohan Singh had addressed the 5th India Maize Summit in New Delhi.
  • Videsh Aaya Pradesh ke Dwaar: MEA launches engagement programme with Regional Media.
  • Parliament passes Payment of Gratuity (Amendment) Bill, 2017.
  • Cabinet extends term of commission on sub-categorisation of OBCs.
  • Cabinet approves North-East Industrial Development Scheme 2017.
  • Cabinet approves amendments in Surrogacy (Regulation) Bill, 2016.
  • Cabinet approves opening of 18 new missions in Africa by 2021.
  • Parivara and Talawara: Cabinet approves inclusion of communities ST list in Karnataka.
  • Cabinet approves revision of DTAA between India and Qatar.
  • Cabinet approves closure of India Development Foundation of Overseas Indians.
  • Government launches Sand Mining Framework to check illegal extraction.
  • UGC grants full autonomy to 62 higher educational institutes.
  • Government scraps export duty on sugar.
  • National Cultural Audiovisual Archives becomes world’s first Trusted Digital Repository.
  • Ministry of Agriculture and Ministry of Skill Development ink MoU on skill development at KVKs.

Business, Science and Technology

  • KUSUM Scheme To Install Grid Connected Solar Plants In Rural India
  • With an aim to providing first-and-last-mile connectivity, railway PSU IRCTC announced a partnership with cab aggregator Ola, giving commuters an option book taxi on its app.
  • 106th Indian Science Congress To Be Held In Bhopal.
  • IRCTC Introduces Billing Through Point Of Sale In Trains.
  • State-owned Indian Oil Corporation (IOC) has launched home-delivery of diesel on a pilot basis in Pune and plans to expand doorstep delivery of the fuel to other parts of the country in near future.
  • Reliance Signs Deal To Merge Jio Music With 'Saavn'
  • ISRO postpones launch of Chandrayaan-2 mission.
  • MCX launches world’s first brass futures contracts.
  • Fluorimeter: DAE develops device to measure uranium traces in water.


  • Indian Navy To Host Bilateral Exercise 'Varuna' With French Navy.
  • Indian Army Releases Book On Paramveer Chakra Awardees
  • Navy Warship INS Ganga Decommissioned In Mumbai
  • BrahMos missile with indigenous seeker successfully test-fired for first time.

Important News- States

  • 7th Women's Science Congress Inaugurated In Manipur.
  • BHEL Commissions 1st Unit Of Kishanganga Hydro Project In Jammu & Kashmir.
  • Union Minister for Chemicals & Fertilizers and Parliamentary Affairs, Mr. Ananthkumar announced that the Government of India has approved the setting up of a Plastic Park in Deoghar District, Jharkhand.
  • Punjab Government To Impose Permanent Ban On Hookah Bars
  • Nitin Gadkari Inaugurated Inland Ferry Services In Goa.
  • Kerala Declares Jackfruit As Official Fruit Of State.
  • Chandigarh Becomes North India’s 1st City To Install Digital Automatic Speed Gun Cameras.
  • Andhra Pradesh Government Launches Multi-Utility Vehicle 'Naipunya Ratham'.
  • Kerala CM Pinarayi Vijayan launched M-Kerala, a unified app for all government services at #FUTURE 2018.

Sports News

  • English Cricketer Kevin Pietersen Announces Retirement.
  • Elavenil Valarivan Wins Gold In Junior ISSF World Cup Shooting
  • ISSF Junior World Cup: Manu Bhaker Wins Gold
  • PV Sindhu To Be India's Flag-Bearer At 2018 CWG
  • Hamilton Takes Record 7th Pole At Australian Grand Prix

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