National News
1. Joint Military Exercise SURYA
KIRAN-13 Begins in Uttarakhand
i. The joint military exercise SURYA
KIRAN-13 between India and Nepal began at Pithoragarh
in Uttarakhand. The military exercise is a biannual event which
is conducted alternatively in Nepal and India every six months.
ii. Over 300 soldiers from both the countries are taking part in the exercise. The aim of this exercise is to conduct battalion level joint training with emphasis on counterterrorism operations in mountainous terrain.
ii. Over 300 soldiers from both the countries are taking part in the exercise. The aim of this exercise is to conduct battalion level joint training with emphasis on counterterrorism operations in mountainous terrain.
Static/Current Takeaways Important for
Bank of India Exam 2018-
·
Nepal
Capital- Kathmandu, Currency- Nepalese
rupee, President- Bidhya Devi Bhandari, Prime
Minister- Khadga Prasad Oli.
2. India Releases Rs33.10 Cr to Nepal for 2 Road Projects
i.
India has released 33.10 Crore rupees to Nepal towards the cost of two
road packages of Birgunj-Thori Road being implemented under
Postal Highway Projects in Nepal with Government of India’s grant
assistance.
ii. The amount has been released towards
25% of the tendered cost (including 10% mobilization advance) of the Postal
Highway Projects.
3. Patanjali Launches New
Messaging App 'Kimbho'
Baba Ramdev' |
i.
Yoga guru Baba Ramdev's Patanjali launched a new swadeshi messaging application called 'Kimbho' to
compete with WhatsApp. Kimbho caters to private and group chats
with free phone and video calling.
ii. The tagline of Kimbho is "Ab Bharat Bolega". Patanjali has recently tied up with Bharat Sanchar Nigam Ltd (BSNL) to enter the telecom sector by launching Swadeshi Samriddhi SIM cards.
ii. The tagline of Kimbho is "Ab Bharat Bolega". Patanjali has recently tied up with Bharat Sanchar Nigam Ltd (BSNL) to enter the telecom sector by launching Swadeshi Samriddhi SIM cards.
4. India and World Bank Signs $500
Million Additional Financing for PMGSY
i. The
Government of India and the World Bank signed
a $500 million loan agreement to provide additional financing
for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads
Project, implemented by Ministry of Rural Development, Govt. of India,
which will build 7,000 km of climate resilient roads, out of which 3,500 km
will be constructed using green technologies.
ii. The $500 million loan, from the International Bank for Reconstruction and Development (IBRD), has a 3-year grace period, and a maturity of 10 years.
ii. The $500 million loan, from the International Bank for Reconstruction and Development (IBRD), has a 3-year grace period, and a maturity of 10 years.
Static/Current Takeaways Important for
Bank of India Exam 2018-
·
President
of the World Bank- Jim Yong Kim.
·
Headquarters
of World Bank- Washington, DC.
5. 3rd
Meeting of India-UK Home Affairs’ Dialogue Held in New Delhi
i. The Third Home Affairs’
Dialogue between India and U.K. was held in New Delhi. The Government
of India Delegation was led by Mr Rajiv Gauba, Union Home
Secretary and the Delegation from Home Office of the U.K. was led by
its Second Permanent Secretary, Ms. Patsy Wilkinson.
ii. The Dialogue covered a wide range of issues including cybersecurity, women safety, organized crime, terror financing etc.
ii. The Dialogue covered a wide range of issues including cybersecurity, women safety, organized crime, terror financing etc.
International News
6. World No Tobacco Day: 31 May
i. Every year, on 31 May, World Health
Organization and partners mark World No Tobacco Day (WNTD). The
theme of World No Tobacco Day 2018 is "Tobacco and heart
disease."
ii. The day highlights the health and other risks associated with tobacco use, and advocating for effective policies to reduce tobacco consumption.
ii. The day highlights the health and other risks associated with tobacco use, and advocating for effective policies to reduce tobacco consumption.
Static/Current Takeaways Important for
Bank of India Exam 2018-
·
Tedros
Adhanom Ghebreyesus is
the present Director General of WHO.
·
WHO
Headquarters in Geneva, Switzerland.
7.
World’s Largest International Maritime Exercise RIMPAC
i. As many as 26 countries, including
India, will participate in the biennial Rim of the Pacific, RIMPAC
military exercise, in and around the Hawaiian Islands and Southern
California. The announcement was made by the Pentagon.
ii. It is the world’s largest international maritime exercise. The countries participating in the exercise include Australia, Canada, France, Germany, Indonesia, Japan, South Korea and the United Kingdom among others.
ii. It is the world’s largest international maritime exercise. The countries participating in the exercise include Australia, Canada, France, Germany, Indonesia, Japan, South Korea and the United Kingdom among others.
Business/Banking News
8. Indian Oil Most Profitable PSU
For 2nd Straight Year
i.
Indian Oil Corporation has
emerged as India's most profitable state-owned company for the
second consecutive year. Indian Oil posted a record profit of Rs21,346 crore in
2017-18, followed by ONGC, whose profit stood at Rs19,945 crore.
ii. Mukesh Ambani-led Reliance Industries is the most profitable company for the third straight year, posting highest ever profit of Rs36,075 crore.
ii. Mukesh Ambani-led Reliance Industries is the most profitable company for the third straight year, posting highest ever profit of Rs36,075 crore.
9. Infosys Acquires US-based WongDoody for $75 million
i.
Infosys has completed the
acquisition of WongDoody Holding Company, a US-based digital
creative and consumer insights agency, for a total consideration of upto $75
million.
ii. Founded in 1993, WongDoody has clients across industries like telecommunications, consumer electronics, healthcare and consumer packaged goods.
ii. Founded in 1993, WongDoody has clients across industries like telecommunications, consumer electronics, healthcare and consumer packaged goods.
Static/Current Takeaways Important for
Bank of India Exam 2018-
·
Infosys CEO- Salil Parekh, Headquarters- Bengaluru,
Karnataka.
10. SBI Hikes Interest Rate On Fixed
Deposits
i. India's biggest lender State
Bank of India (SBI) has revised its interest higher on retail
fixed deposits or FDs below Rs. 1 crore. SBI has revision interest
rates by up to 25 basis points in select maturities. The interest rate
on SBI FDs with a maturity of one year to less than two years has been increased
to 6.65% for the public, from 6.4% earlier.
ii. Senior citizens will get an interest rate of 7.15% as compared to 6.9% earlier. SBI fixed deposits with a maturity of two years to less than three years will fetch an interest rate of 6.65%, higher than 6.6% earlier.
ii. Senior citizens will get an interest rate of 7.15% as compared to 6.9% earlier. SBI fixed deposits with a maturity of two years to less than three years will fetch an interest rate of 6.65%, higher than 6.6% earlier.
Static/Current
Takeaways Important for Bank of India Exam 2018-
·
SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Established
on- 01st July 1955.
Awards
11. Kamaljit Bawa 1st Indian to
Receive Linnean Medal
i.
Indian botanist Kamaljit S. Bawa (president
of Bengaluru-based non-profit Ashoka Trust for Research in Ecology and the
Environment) received the prestigious Linnean Medal in Botany from
the Linnean Society of London.
ii. Dr. Bawa is the first Indian to win the award ever since it was first constituted in 1888.
ii. Dr. Bawa is the first Indian to win the award ever since it was first constituted in 1888.
Static/Current
Takeaways Important for Bank of India Exam 2018-
·
The
Linnean Medal is awarded to a biologist every year by the Linnean Society of
London.
·
The
world’s oldest active biological society founded in 1788 and named after famous
Swedish biologist Carl Linnaeus.
12. Kerala Cartoonist Thomas Antony Wins International Award
i.
Kerala cartoonist Thomas Antony has
won an international award, in the best caricature category. Antony is among
the nine winners at the 13th edition of the World Press Cartoon
awards, instituted by an organisation based in Lisbon,
Portugal.
ii. The awards are given to the best works published in 2017 in newspapers and magazines from around the world.
13. Yuvraj Singh Awarded 'Most Inspiring Icon Of The Year For Social Welfare'
ii. The awards are given to the best works published in 2017 in newspapers and magazines from around the world.
13. Yuvraj Singh Awarded 'Most Inspiring Icon Of The Year For Social Welfare'
i.
Indian star cricketer Yuvraj Singh has
been awarded the 'most inspiring icon of the year for Social Welfare' award
by the Dadasaheb Phalke International Film Festival (DPIFF) for
his exemplary contribution in the field of social welfare.
ii. Yuvraj was diagnosed with cancer (mediastinal seminoma) shortly after the World Cup. After successfully completing his chemotherapy cycle in the United States, Yuvraj returned to India in 2012.
ii. Yuvraj was diagnosed with cancer (mediastinal seminoma) shortly after the World Cup. After successfully completing his chemotherapy cycle in the United States, Yuvraj returned to India in 2012.
Obituaries
14. Former Himachal Pradesh Governor
Urmila Singh Passes Away
i.
Former Himachal Pradesh governor and Congress leader Urmila Singh died due to prolonged illness at
a private hospital in Indore. She was 71.
ii. Belonging to a family of freedom
fighters, Singh was appointed as the governor of Himachal Pradesh in
2010. Prior to that, she had served as the chairman of the National
Scheduled Tribes Commission (NCTC).
Static/Current
Takeaways Important for Bank of India Exam 2018-
·
Himachal
Pradesh CM- Jai
Ram Thakur, Governor- Acharya Dev Vrat.