Daily Current Affairs 4th January, 2018

Daily Current Affairs 4 January 2018 for Banking/Insurance/SSC and other related exams.


Health Ministry launches first Online Oncology Tutorial Series

The Union Health Ministry launched the nation’s first digital Online Oncology Tutorial Series, which aims to train doctors across the country in early detection, prevention, palliation, rehabilitation and treatment of various cancers.

  • The digital Online Oncology Tutorial Series has been designed by the Tata Memorial Centre in collaboration with the Union Health Ministry, and is part of a national programme that will be rolled out across the country in collaboration with state governments.


Iceland becomes first country to legalise equal pay

A new law making it illegal to pay men more than women has taken effect in Iceland. The legislation makes Iceland the first country in the world to legalise equal pay between men and women.

  • Under the new rules, companies and government agencies employing at least 25 people will have to obtain government certification of their equal-pay policies.
  • Those that fail to prove pay parity will face fines.


Rs 372.51 crore sanctioned by NABARD to Odisha

The NABARD has sanctioned Rs 372.51 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Odisha towards irrigation and rural bridge projects for the last quarter of this fiscal.

  • A total number of 17,322 lift irrigation projects including bore wells, shallow tube wells, digging wells, micro river lifts shall be taken up with Rs 130.17 crore from the assistance.

RBI puts Allahabad Bank under prompt corrective action

Public sector Allahabad Bank said the Reserve Bank has put the lender under prompt corrective action (PCA) framework post an on-site inspection of high NPAs and negative return of assets for fiscal 2016-17.

  • Bank becomes the 11th bank in a span of 11 months to be put under PCA framework.



PIO named best central bank governor in Asia-Pacific

Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has been named the best central bank governor in Asia-Pacific for 2018 by UK-based magazine The Banker. The annual award by The Banker, is based on a selection process involving a survey of bankers and economists.


Vocalist Radha Vishwanathan passes away

Carnatic vocalist Radha Vishwanathan (83), daughter of M.S. Subbulakshmi, who accompanied the legendary queen of music for nearly 5 decades on stage has passed away.


World Braille Day: 4 January 

World Braille Day is celebrated every year on January 4th to commemorate the contribution of Louis Braille for blind people of the world. He invented a reading and writing system which helped blind people in learning and reading.

  • The day marks the importance of teaching and providing equal opportunity to blind people and highlights the problems faced by them.
  • The Braille system is a representation of letters and symbols within a grid in rows. The inventor, Louis Braille created the system after he went blind at the age of five due to an accident.

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