National
News
1. Decisions
In 28th Meeting of GST Council: Complete Highlights
i. The 28th
meeting of GST Council was held in New Delhi. It reduced tax rates on
more than 50 items and exempted sanitary napkins, rakhis, stone,
marble, wooden deities and Saal leaves from GST. Finance Minister
Piyush Goyal chaired the 28th GST Council meeting in New Delhi.
ii.
Highlights On the changes that have been made in the meeting:
1. GST on
footwear priced below 1,000 rupees will attract 5% rate. GST
on imported urea and ethanol sold to oil companies for blending with petrol and
diesel has been reduced to 5%.
2. GST
rate on handbags, jewellery box, wooden box for paintings, artware of
glass, stone endeavour, ornamental framed mirrors and handmade lamps were
reduced to 12%.
3. Lithium-ion
batteries, vacuum cleaners, food grinders, mixers, storage water heaters, hair
dryers, hand dryers, paint, varnishes, water cooler, milk cooler, ice cream
coolers, perfumes, toilet sprays and toilet preparation have been brought
to 18 from 28% slab.
4. GST council has cleared 46 amendments which will be passed
in Parliament. The exemption limit for traders in Assam,
Arunachal Pradesh, Himachal Pradesh and Sikkim has been increased from
10 lakh to 20 lakh rupees.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
GST is an
Indirect Tax which has replaced many Indirect Taxes in India.
·
The Goods
and Service Tax Act was passed in the Parliament on 29th March 2017.
·
The Act came
into effect on 1st July 2017.
2. Rajnath
Singh launches the Student Police Cadet (SPC) programme
i. The Union
Home Minister Rajnath Singh launched the Student
Police Cadet (SPC) programme for nationwide implementation at a
ceremony in Gurugram, Haryana.
ii. Earlier the Home Minister launched the theme song and training manual of SPC prepared by the Bureau of Police Research and Development (BPR&D).
ii. Earlier the Home Minister launched the theme song and training manual of SPC prepared by the Bureau of Police Research and Development (BPR&D).
3. Advanced weather forecasting system unveiled in New Delhi
i. Minister for
Science and Technology Harsh Vardhan has unveiled the first
of a kind Air Quality and Weather Forecast System, SAFAR at
Chandni Chowk in New Delhi. The giant true colour LED display will
give real-time air quality index on the 24x7 basis with colour coding
along with 72-hour advance forecast.
ii. The new system can track UV-Index, PM1, Mercury and
Black carbon in real time and will provide health advisory and related
precaution.
4. Environment Minister Inaugurates Advanced System Of Air Quality ‘SAFAR’
4. Environment Minister Inaugurates Advanced System Of Air Quality ‘SAFAR’
i. Union Environment Minister Harsh Vardhan unveiled
a state-of-the-art Air Quality and Weather Forecast System– ‘SAFAR’ (System
of Air Quality and Weather Forecasting) at Chandni Chowk in New Delhi.
ii. The Environment Ministry’s mission model project ‘SAFAR’ is being implemented in four cities of India – Delhi, Pune, Mumbai and Ahmedabad as an operational service.
ii. The Environment Ministry’s mission model project ‘SAFAR’ is being implemented in four cities of India – Delhi, Pune, Mumbai and Ahmedabad as an operational service.
iii. First of its kind in the country, the system was developed
indigenously by Indian Institute of Tropical Meteorology, Pune and
operationalised by India Meteorological Department (IMD).
5. Public Affairs Index 2018: Kerala Best Governed State, Bihar Worst
5. Public Affairs Index 2018: Kerala Best Governed State, Bihar Worst
i. According
to the Public Affairs Index 2018, Kerala is the best-governed
state in the country, released by a Bengaluru think-tank, Public Affairs
Centre. As per the report, Tamil Nadu, Telangana, Karnataka and
Gujarat are among the top five states delivering good governance. Bihar,
Jharkhand, Madhya Pradesh, Uttar Pradesh and Odisha ranked the lowest on the
index, indicating higher social and economic inequalities.
ii. Among
smaller states – with the population less than two crore – Himachal
Pradesh topped the list of states with good governance, followed by
Goa, Mizoram, Sikkim and Tripura. Meghalaya performed the worst in this list.
Manipur, Nagaland, Delhi and Jammu and Kashmir were the other poor performers.
This year’s index also measured how child-friendly each state is. Kerala,
Himachal Pradesh and Mizoram topped this index.
International
News
6. PM
Modi Embarked On 3-Nation Visit To Rwanda, Uganda, and South Africa
i. Prime
Minister Narendra Modi left on a three-nation visit to
Rwanda, Uganda and South Africa. In the first leg of his five-day visit, Mr
Modi will reach Rwanda. India will extend two lines of credit of 100
million US Dollars each for agriculture and industrial sectors to Rwanda during
his two-day visit to that country.
ii. On second leg he will leave for Uganda where he will call on the
President. He will have delegation-level talks and will address Indian
community. Two lines of credit worth 164 million US Dollars will be
extended to Uganda during the visit. In the last leg of his visit,
Prime Minister Modi will reach South Africa to attend the 10th BRICS summit at
Johannesburg.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Rwanda
Capital: Kigali, Currency: Rwandan
franc.
·
Uganda
Capital: Kampala, Currency: Ugandan
shilling.
·
South
Africa President: Cyril
Ramaphosa, Currency- South African rand.
Banking News
7. Federal
Bank Gets RBI Nod To Enter Bahrain, Kuwait, Singapore
i. Private
Sector Lender Federal Bank has received the regulatory nod to
open offices in Bahrain, Kuwait and Singapore, but is awaiting local
clearances before it starts operations.
ii. Federal Bank already has representative offices in Abu Dhabi and
Dubai, and its desire to expand comes even as a majority of its larger peers
are downsizing their overseas presence.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
S Srinivasan
is the MD and CEO of Federal Bank.
·
It headquarters in
Kochi, Kerala.
Sports News
8. All
India Football Federation Awards 2017 Announced: Complete List of Winners
Sunil Chhetri |
i. The All India Football Federation (AIFF), the
governing body of football in India named India and Bengaluru FC
Captain Sunil Chhetri as the AIFF Player of the Year in the
Federation's Executive Committee Meeting in Mumbai.
ii. The meeting was chaired by AIFF President Praful Patel. The All India Football Federation has announced several other awards as well in the Meeting. Kamala Devi bagged the 2017 AIFF Woman Player of the Year.
Find The Complete List of Winners Here
ii. The meeting was chaired by AIFF President Praful Patel. The All India Football Federation has announced several other awards as well in the Meeting. Kamala Devi bagged the 2017 AIFF Woman Player of the Year.
Find The Complete List of Winners Here
9. Fakhar Zaman, Quickest Player To Reach 1000 Runs In 1-Day Internationals
i. Fakhar
Zaman recently scored a double century for Pakistan against
Zimbabwe and he became the first player from Pakistan to score a
double century in a one-day international. He became the quickest player in
history to reach 1,000 runs in the format.
ii. Fakhar Zaman has broken the record of West
Indies cricketer Vivian Richards. Fakhar Zaman took 18 innings
to reach the 1000 mark. Vivian Richards had achieved this mark in 21
matches.
10. Muhammed Anas Yahiya Breaks Own National Record In 400m
10. Muhammed Anas Yahiya Breaks Own National Record In 400m
i. Star sprinter Muhammed Anas Yahiya once
again entered the record books as he broke his own national record to
win the 400 metres race at the Cena Noveho Mesta nad Metuji meet in
the Czech Republic.
ii. Anas set a time of 45.24 seconds to break his own record of 45.31 seconds which he had set during the Commonwealth Games in Gold Coast in April 2018.
11. Historic Win: Lakshya Sen Wins Badminton Asian Junior Championships Title
ii. Anas set a time of 45.24 seconds to break his own record of 45.31 seconds which he had set during the Commonwealth Games in Gold Coast in April 2018.
11. Historic Win: Lakshya Sen Wins Badminton Asian Junior Championships Title
i. Indian
badminton player Lakshaya Sen bagged the gold medal after
defeating Indonesia’s top-seeded Kunlavut Vitidsaran in the final
match of the Badminton Asia Junior Championship in Jakarta, Indonesia.
ii.
The 16-year-old thrashed his Indonesian opponent to win gold for the country at
the mega-event after a gap of six years. The feat is only the
second for India in the men's singles category since Gautam Thakkar's gold way
back in the 1965 edition of the tournament.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Indonesia
Capital- Jakarta, Currency- Indonesian
rupiah.
12. Junior Asian Wrestling Championship: India Win 8 Medals, Iran Tops
i. India won 8 medals in the two day Junior Asian
Wrestling Championship which concluded in New Delhi. The medals
comprised 2 gold, 3 silver and 3 bronze. Sachin Rathi won the gold after
winning the bout in the 74-kilogram category. Deepak Punia then won the
gold in the 86 kilogram category.
ii. Iran
with 189 points topped the team championship. India with 173 points
finished second while Uzbekistan with 128 points came third.
Obituaries
13. Pulitzer
Prize-Winning Restaurant Critic Jonathan Gold Passes Away
i. Los Angeles Times and Pulitzer Prize-winning restaurant critic
Jonathan Gold passed away at 57.
ii. He became the first restaurant critic to win a Pulitzer for criticism in 2007. Gold died of pancreatic cancer after being diagnosed with the disease.
ii. He became the first restaurant critic to win a Pulitzer for criticism in 2007. Gold died of pancreatic cancer after being diagnosed with the disease.