www.study4u.in: Weekly Current Affairs August 2018 (Week-I)

Banking and Financial Awareness:

➤NHAI Signs MoU with SBI of Rs 25000 Crore Long Term Unsecured Loan for 10 years with 3 years of moratorium on repayments.
➤India's GDP Growth to Rise to 7.5% This Fiscal by Morgan Stanley.
RBI Hikes Repo Rate by 25 Bps to 6.5%.
➤Mauritius’s SBM (State Bank of Mauritius) gets RBI approval for subsidiary.
➤NABARD Sanctions Rs772 Crore for Water Projects in Haryana.
➤HDFC Life inks pact with Vijaya Bank to sell insurance products, aimed at serving the semi urban rural regions where the insurance products don’t have a reach.

➤Surendra Rosha appointed as HSBC India CEO.
➤Renu Satti Quits as Paytm Payments Bank CEO, will now head Paytm's new retail initiative.
➤Anurag Sachan appointed MD of Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL).

➤Mathematician Akshay Venkatesh Wins Prestigious Fields Medal, known as the Nobel prize for math.
➤Mohun Bagan ‘Ratna’, the highest honour of Mohun Bagan club was awarded to former India international Pradip Chowdhury.
➤The INFRA Icon Award in the ‘Global Energy’ category - Oil and Natural Gas Corporation (ONGC).
➤India has ranked 96th to break into the top 100 of the United Nation’s E-Government Development Index (EGDI) 2018.

➤Health Ministry Signs MoU with Ministry of Electronics and Information Technology to provide information and eligibility validation services to beneficiaries, especially in remote areas.
➤India and Germany signed an agreement on financial and technical cooperation.
➤Invest India and UAE Ministry Sign MoU for Technological Cooperation which will generate an estimated USD 20 billion.
➤Unified Commanders’ Conference 2018 starts in New Delhi.
➤To foster greater collaboration and knowledge-sharing among the think tanks, 1st Nepal-India Think Tank Summit Begins in Kathmandu.
➤2-Day Indo-US Military Cooperation Meeting Begins in New Delhi.

➤AIBD India has been elected as the President of the Asia-Pacific Institute for Broadcasting Development (AIBD) for two years.
➤To create awareness about Intellectual Property Rights (IPRs), Commerce and Industry Minister Suresh Prabhu launched logo and tagline for Geographical Indications (GI)
GI tag: Invaluable Treasures of Incredible India
➤Government Approves 122 New Research Projects Under ‘IMPRINT-2’ Scheme to advance research in energy, security and healthcare domains in the high education institutions.
➤Committee Formed to Address Issues of Stressed Thermal Power Projects headed by Cabinet Secretary, Pradeep Kumar Sinha.
➤2nd Conference of Young Superintendent of Police held in New Delhi, Theme: “Predictive Policing and Contemporary Challenges for Indian Police Forces”.

➤Chhattisgarh CM Launch Mobile Distribution Scheme 'Mobile Tihar' under Sanchar Kranti Yojna.
➤Rs.215 crore project of Meghalaya Milk Mission launched in Shillong to achieve Centre’s goal of doubling farmer’s income by 2022 through promotion of milk business.

➤World Junior Squash Championships 2018 was held in Chennai, India.
➤British racing driver Lewis Hamilton Wins 6th Hungarian Formula 1 Grand Prix.
➤Indian javelin thrower Neeraj Chopra won a gold medal in the Savo Games in Lapinlahti, Finland.
➤Dustin Johnson won the 2018 RBC Canadian Open in Canada.
➤Ace Indian shuttler Sourabh Verma lifted the Russian Open Badminton trophy at Vladivostok.