Weekly Current Affairs May 2018 (Week-III) [Download PDF]

Banking and Financial Awareness:

·                  RBI Puts Dena Bank under PCA (Prompt Corrective Action).

·                  Automatic Recurring Payments Feature Introduced by Paytm.

·                  YES Bank Launches Agenda 25×25.

·                  Fino Payments Bank Launched Digital Suite.

Appointments

·                  BJP legislature party leader B S Yeddyurappa took oath as the Chief Minister of Karnataka.

·                  Susheela Jayapal Becomes 1st South Asian to Be Elected in Oregon.

·                  Ambika Sharma to Head USIBC India Office.

·                  Gina Haspel Confirmed as 1st Female Director of CIA.

·                  Uttam Pacharne Appointed Regular Chairman of Lalit Kala Akademi.

Honour, Awards and Ranks

·                  Forbes World’s Most Powerful People List 2018 – Modi Ranked 9th.

·                  Lata Mangeshkar Conferred with Swara Mauli Award.

·                  The KISS Humanitarian Award 2018 was presented to Prof. Muhammad Yunus.This was the 11th edition of the Award.

·                  According to a report by the Mercom Communications, India emerged as the third largest solar market in the world in 2017.

·                  Sir William Mark Tully has been chosen for this year's RedInk award for lifetime achievement in journalism.

·                  Swachh Survekshan 2018 - Indore the cleanest city.

·                  Bollywood actor Sridevi was honored with the TITAN Reginald F Lewis Film Icon Award at the Cannes Film Festival.

·                  According to the United Nations estimates, Delhi is projected to become the most populous city in the world around 2028.

·                  Japanese Director Wins Cannes' Top Award.

·                  India’s Jagriti Yatra Wins Charity Award In UK.

·                  Neymar Named France's Player Of The Year.

·                  Senior journalist Mark Tully will be honoured with the Lifetime Achievement Award at the annual Red Ink Awards in Mumbai.

·                  Anindita Honoured With Jayadev Rashtriya Yuva Puraskar Award.

·                  DRDO Awards 2016 & 2017 Presented By Defence Minister.

·                  Noted Lyricist, Poet, Politician Balkavi Bairagi Passes Away.

Obituary

·                  The actor Margot Kidder, best known for playing Lois Lane in the Superman films died.

MOU’s, Agreement and Summits

·                  BIMSTEC Summit 2018 to be Hosted by Nepal.

·                  1st Ever Joint Conference Conducted by Customs and Post Department in New Delhi.

·                  NTPC Limited signed an MoU with the Bihar Government to improve the performance of Power Sector in Bihar.

·                  1st apex Conference for Smart City CEOs held in Bhopal.

·                  The Cell for IPR Promotion and Management (CIPAM) organized a conference on National Intellectual Property Rights (IPR) Policy in New Delhi.

·                  4 States Himachal Pradesh, Jammu and Kashmir, Haryana and Uttarakhand Ink MoUs with Centre On Health Protection Mission.

·                  PM Modi to Visit Russia for Informal Summit with Vladimir Putin.

·                  NALCO Inks MoU with Government of India for FY 2018-19.

·                  NTPC Inks Pact to Acquire 3 Projects in Bihar.

·                  NITI Aayog’s 3-Day Venture Capital Symposium 2018 Begins.

·                  2-Day Regional Conference On “Physical and Social Infrastructure for Regional Development” Held in Guwahati.

·                  Smriti Irani Chairs Meeting of Stakeholders On ‘Samarth’- Scheme in Delhi.

·                  China’s 1st Indigenous Aircraft Carrier Type 001A begins Sea Trial.

·                  WHO published its 1st Essential Diagnostics List.

·                  SCO Cultural Ministers Meeting held in China.

·                  Netherlands PM Mark Rutte to Be On 2-Day Official Visit to India.

·                  Army Chief Begins 4-Day Visit to Sri Lanka.

·                  Russia Unveils World's 1st Floating Nuclear Power Station.

·                  Guatemala Becomes Second Country to Open Jerusalem Embassy.

Important Dates

·                  International Day of Families: 15 May. the theme for the event is ‘Families and inclusive societies’.

·                  World Telecommunication and Information Society Day: 17 May. theme for WTISD was "Enabling the positive use of Artificial Intelligence for All".

Important News- India

·                  Committee Constituted to Look into Black Money and Performance of PSBs.

·                  Chief of Army Staff Released a Book “Across the Bench – Insight into the Indian Military Judicial System”.

·                  Cabinet Reshuffle: Piyush Goyal Gets Additional Charge of Finance Ministry.

·                  United Nations Development Programme (UNDP) will soon set up a skill development centre at 'Bharosa’ in Hyderabad.

·                  A High-Level Committee (HLC), chaired by Union Home Minister Rajnath Singh, approved central assistance of Rs 1,161.17 crores to 4 States and 1 UT.

·                  Rs 16,500 Crore Earmarked by Govt. to Implement Swachh Bharat Mission in 2018-19.

·                  Environment Minister Launched Programme to Train 5.5 Lakh Workers by 2021.

·                  The President of India, Ram Nath Kovind, inaugurated the 4th Global Exhibition on Services at the Bombay Exhibition Centre, in Mumbai.

·                  WHO launched REPLACE to eliminate trans-fat by 2023.

·                  The Ministry of New and Renewable Energy (MNRE) unveiled a National Wind-solar Hybrid Policy.

·                  The South Asia Wildlife Enforcement Network (SAWEN) held its first ever meeting in India.

·                  ICBC launched China’s 1st India-dedicated investment fund.

·                  Meeting to discuss ‘Samarth Scheme’ held in New Delhi.

·                  The Integrated Centre for Crisis Management (ICCM) was inaugurated by the President Ram Nath Kovind at BARC (Bhabha Atomic Research Centre) in Mumbai.

·                  The subscriber base of the Atal Pension Yojana (APY) had crossed the one-crore mark since its launch in 2015.

·                  National Policy on Biofuels 2018 approved by the Union Cabinet.

·                  The Ministry of Commerce has issued a notification for a unified Directorate General of Trade Remedies (DGTR).

·                  President Ram Nath Kovind has inaugurated the 4th edition of Global Exhibition on services in Mumbai.

·                  India Released Grant Of NRs 18.07 Crore To Nepal For River Training.

·                  India Unveils National Wind-Solar Hybrid Policy.

·                  Suresh Prabhu Launched Intellectual Property Mascot ‘IP Nani’.

Business, Science and Technology

·                  Bharti Airtel and Telenor India Merger Approved by DoT.

·                  BSE becomes 1st Indian stock exchange to get US SE’s DOSM recognition.

·                  Tata Steel To Acquire Bhushan Steel Through Its Step-Down Subsidiary Bamnipal Steel.

·                  Foxconn Unit Writes Off Another $40 Million In Snapdeal Investment.

·                  Retail Inflation Surges To 4.58%, WPI At 4-Month High In April.

Defence

·                  Max Thunder: US-South Korea joint military drill begins.

·                  Army Finalises Rs 15,000 Crore Ammunition Production Project.

Important News- States

·                  The first workshop of Ayushman Bharat Program was held in Shimla, Himachal Pradesh.

·                  Uttarakhand’s first City Gas Distribution (CGD) network was inaugurated by the Chief Minister Trivendra Singh Rawat.

·                  India’s 1st solar powered railway station in Guwahati.

·                  Gujarat Govt. to launch a free treatment scheme for road accident victims.

·                  PM Modi Laid Foundation Stone Of India’s Longest Road Tunnel In J&K.

Sports News

·                  Lewis Hamilton Wins Spanish Grand Prix.

·                  1st Para-National Games To Be Held Under Khelo India Scheme.

·                  India Wins U-16 Four-Nation Football Tournament In Serbia.

·                  Indian shooter Heena Sidhu clinched the gold medal at the International Shooting Competitions of Hannover (ISCH), in Germany.

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