1. Repo Rate Increased By 25 Bps In
Second Bi-Monthly Monetary Policy Statement (2018-19)
i. Monetary Policy Committee (MPC)
of Reserve Bank of India has increased the policy Repo Rate under the liquidity
adjustment facility (LAF) by 25 basis points to 6.25 percent in the Second
Bi-monthly Monetary Policy Statement (2018-19). Consequently, the reverse repo
rate under the LAF stands adjusted to 6.0 percent, and the marginal standing
facility (MSF) rate and the Bank Rate to 6.50 percent.
ii. MPC revised CPI inflation for
2018-19 to 4.8-4.9% in the first half and 4.7% in the second half. The MPC
stated that the GDP growth rate for 2018-19 is retained at 7.4 percent.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
The
Monetary Policy Committee (MPC) is a committee of the RBI headed by its
Governor.
·
The
next meeting of the MPC is scheduled on July 31 and August 1, 2018.
·
Urjit
Patel is Present Governor of RBI.
2. Global Economy Is Healthy But Growth
Will Slow: World Bank
i. The steadily expanding global
economy should remain resilient, at least for a couple of years, the World Bank
has stated. The anti-poverty agency predicts global growth will decelerate
slightly from a solid 3.1 percent this year to 3 percent next year and 2.9
percent in 2020.
ii. The World Bank predicts that US growth
will register 2.7 percent in 2018, aided by tax cuts, before slowing to 2.5
percent next year and 2 percent in 2020. China's growth is projected at 6.5
percent this year, 6.3 percent in 2019 and 6.2 percent in 2020.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
The
World Bank is an international financial institution that provides loans to
countries of the world for capital projects.
·
World
Bank has 189 member countries.
·
Jim
Yong Kim is President of the World Bank.
3. World Environment Day 2018
Celebrated In New Delhi
i. Prime Minister Narendra Modi has
addressed the global celebrations of World Environment Day 2018 on 05th June in
New Delhi. Prime Minister also visited the exhibition set up on the occasion,
themed 'Beat Plastic Pollution'. India was the global host nation for the 43rd
edition of this event.
ii. Environment Ministers, representatives
from United Nations and members from various industry bodies were among the
various dignitaries who attended the event.
4. Maharashtra Announces Financial Aid
For Tur Farmers
i. Maharashtra government will
provide the financial grant of 1,000 rupees per quintal to those farmers whose
tur and gram could not be purchased by the administration before the May 31
deadline.
ii. The state government had set up tur
procurement target of 44.6 lakh quintals. The government had started purchasing
tur from farmers by offering them guaranteed rates following bumper tur
production. Chief Minister Devendra Fadnavis stated the government will also
give a financial aid of 160 crore rupees to farmers whose crops got damaged due
to unseasonal rain or hailstorm. The chief minister also announced a special
subsidy for milk producers.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Chennamaneni
Vidyasagar Rao is present Governor of Maharashtra.
·
Maharashtra
is the second-most populous state and third-largest state by area in
India.
5. Polythene To Be Completely
Prohibited From 31st July In Uttarakhand
i. In Uttarakhand, Polythene will be
completely prohibited from 31st July in the state. All the polythene vendors
have been asked to finish the polyethylene stock before 31st July.
ii. In Dehradun on the occasion of World
Environment Day, Chief Minister Trivendra Singh Rawat stated, a comprehensive
public awareness campaign will be launched on environmental damage caused by
polythene, one week before the entire ban on polythene in the state.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Krishna
Kant Paul is present Governor of Uttarakhand.
·
Dehradun
is the capital of Uttarakhand.
·
Uttarakhand
was formed on 09th November 2000 as the 27th State of India, when it was carved
out of northern Uttar Pradesh.
6. Madhya Pradesh Announces Outstanding
Power Bill Waiver Scheme
i. The Madhya Pradesh government has
announced an outstanding power bill waiver scheme for laborers and poor
families. The state cabinet headed by Chief Minister Shivraj Singh Chouhan
approved the Bijli Bill Mafi Yojana 2018 (Power Bill Waiver Scheme) which is
expected to benefit about 77 lakh people of the state.
ii. Laborers falling under the unorganized
sector in Madhya Pradesh will get power supply at a subsidized rate. The state
cabinet also approved Mukhyamantri Jan Kalyan (Sambal) Yojana 2018 (a scheme to
provide subsidized power) in the meeting.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Anandiben
Patel is Governor of Madhya Pradesh.
·
Bhopal
is the capital city of Madhya Pradesh.
·
Madhya
Pradesh is the fifth largest state in the country in terms of population.
7. 49th Conference Of Governors
Concludes In New Delhi
i. The two-day 49th Conference of
Governors concluded in New Delhi. The President exhorted Governors to take the
lead in adopting modern technology and methods.
ii. The Vice President M Venkaiah
Naidu, Prime Minister Narendra Modi and the Minister for Home Affairs also
addressed the concluding session of the Conference.
8. Virat Kohli Only Indian In World’s
Highest Paid Athletes List
Virat Kohli |
i. India cricket captain Virat Kohli
is among the world’s highest-paid athletes, according to a Forbes’ compilation
topped by American boxing champion Floyd Mayweather. Kohli, the only
sportsperson from India to be featured in the list, is ranked 83rd with earnings
of USD 24 million.
ii. Kohli is not just cricket-crazy
India’s biggest name but is also one of the most popular athletes in the world.
The ‘World’s Highest-Paid Athletes 2018’ list is topped by 41-year-old
Mayweather, with USD 285 million earnings.