National
News
1.1st
Meeting Of e-Commerce Task Force Held in New Delhi
Rita Teaotia, |
i. Commerce Secretary, Rita Teaotia, chaired
the first meeting of the Task Force on e-commerce in New Delhi. The
meeting deliberated upon the suggestions emerging from the sub-group meetings
held in June 2018.
ii. It was decided to set up a Task Force in the first meeting of the Think Tank, on the framework for national policy on e-commerce, held in April 2018, under the chairmanship of Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation.
ii. It was decided to set up a Task Force in the first meeting of the Think Tank, on the framework for national policy on e-commerce, held in April 2018, under the chairmanship of Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation.
2. AAI
To Set up Civil Aviation Research Organization In Hyderabad
i. State-run Airports Authority of India (AAI) will
set up a state-of-the-art Civil Aviation Research Organization (CARO)
at Hyderabad’s Begumpet Airport to find indigenous solutions to meet
the challenges posed by the growing air traffic and for enhancing safety,
capacity and efficiency of aircraft operations in the country.
ii. AAI has earmarked Rs 1,200 crore for this project that will be spent over 12 years for research and development. CARO is expected to be built in three years. Union aviation minister Suresh Prabhu laid the foundation stone for CARO which will be spread over 27 acres and cater to air navigation services and airport/engineering research.
ii. AAI has earmarked Rs 1,200 crore for this project that will be spent over 12 years for research and development. CARO is expected to be built in three years. Union aviation minister Suresh Prabhu laid the foundation stone for CARO which will be spread over 27 acres and cater to air navigation services and airport/engineering research.
Static/Current Takeaways Important for SBI PO/Clerk
Exam 2018-
·
The Chairman of Airports Authority of
India is Guruprasad Mohapatra.
International
News
3. International
Day of Cooperatives: 7 July
i. The International Day of Cooperatives is
observed across the world on July 7 with an aim to promote the
co-operative model, since it contains aspects of sustainable development at its
core and is based on ethical values and principles.
ii. The 2018 theme of the Day is the ‘Sustainable societies through cooperation’.
ii. The 2018 theme of the Day is the ‘Sustainable societies through cooperation’.
4. UN Member States Approve USD 6.69 billion For
13 Peacekeeping Operations
i. The UN member states have
approved a 6.69 billion US Dollar budget for 13 peacekeeping operations for
the year 2018-19.
ii. The Committee also approved significant management reforms including the creation of two new departments focused on political and peacebuilding affairs and four stand-alone divisions for Africa.
ii. The Committee also approved significant management reforms including the creation of two new departments focused on political and peacebuilding affairs and four stand-alone divisions for Africa.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Antonio Guterres is the Secretary-General of the
United States.
·
The UN Headquarters in New York, United States.
·
The United States is the biggest contributor to the
United Nations.
5. Nepal, India To Jointly Promote Tourism
i. The 2nd meeting of the joint
working group on tourism cooperation between India and Nepal concluded
in Kathmandu, Nepal. The meeting also decided to set up an industry-led
India Nepal Tourism Forum.
ii. The Indian delegation was led by the Joint Secretary, Ministry of Tourism Suman Billa, while Nepalese side was led by Joint Secretary, Ministry of Culture, Tourism and Civil Aviation Ghanshyam Upadhyaya.
ii. The Indian delegation was led by the Joint Secretary, Ministry of Tourism Suman Billa, while Nepalese side was led by Joint Secretary, Ministry of Culture, Tourism and Civil Aviation Ghanshyam Upadhyaya.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Khadga Prasad Sharma Oli is
the current Prime Minister of Nepal.
·
Bidhya Devi Bhandari is
the current President of Nepal and commander in chief of Nepalese Army.
·
The Nepalese Rupee is the currency of
Nepal.
·
Kathmandu is the
Capital of Nepal.
6. India To Operate 'World’s Emptiest Airport' In Sri
Lanka
i. The Mattala Rajapaksa International Airport (MRIA) would
be operated as a Sri Lanka-India joint venture. The $210 million
facility, 241km south-east of Colombo, is dubbed the “world’s
emptiest airport” due to a lack of flights.
ii. India would operate the airport as a Sri Lanka-India joint venture. The joint venture would see India gain a major stake of the airport.
ii. India would operate the airport as a Sri Lanka-India joint venture. The joint venture would see India gain a major stake of the airport.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Sri Lanka Capitals- Colombo,
Sri Jayawardenepura Kotte, President- Maithripala
Sirisena.
7. Mark Zuckerberg Becomes World’s 3rd-Richest Person
i. Facebook Inc. co-founder Mark Zuckerberg has overtaken
Warren Buffett as the world’s third-richest person. Zuckerberg, who trails
only Amazon.com Inc. founder Jeff Bezos and Microsoft
Corp. co-founder Bill Gates, eclipsed Buffett as Facebook shares climbed
2.4%, according to the Bloomberg Billionaires Index.
ii. It’s the first time that the three wealthiest people on the ranking made their fortunes from technology.
ii. It’s the first time that the three wealthiest people on the ranking made their fortunes from technology.
Banking/Business
News
8. HDFC Bank, Most Valuable Bank In Emerging Market
Outside China
i. HDFC Bank has gone past Russia's Sberbank
to become the most valuable bank in the emerging market outside China. HDFC
Bank’s current market capitalisation is $78.4 billion against
Sberbank's $74.4 billion. Chinese banks are leading the pecking order
in the emerging market, with Industrial & Commercial Bank of China
topping the list with a market cap of $273.4 billion.
ii. Globally, America's JPMorgan Chase is the most valuable with a market cap of $353 billion, followed by Bank of America at $282 billion. There are four lenders from India that now rank among the world's 500 most valuable companies. HDFC Bank is followed by its housing finance cousin Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and State Bank of India.
ii. Globally, America's JPMorgan Chase is the most valuable with a market cap of $353 billion, followed by Bank of America at $282 billion. There are four lenders from India that now rank among the world's 500 most valuable companies. HDFC Bank is followed by its housing finance cousin Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and State Bank of India.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
HDFC Bank- India’s
largest private bank by market capitalization.
·
HDFC Bank Chairman- Aditya
Puri, Headquarters- Mumbai.
·
Reserve Bank of India labelled HDFC Bank as ‘domestic
systematically important bank’ - in other words, 'too big to fail'.
9. RIL Becomes India's Largest Tax Payer In Private
Sector
i. Reliance Industries Chairman Mukesh Ambani at
the Reliance Industries’ 41st Annual General Meeting announced
that Reliance is India’s largest payer of Goods and Services Tax (GST),
Excise and Customs Duty, and Income Tax in the private sector paying Rs.9844
crore in FY18.
ii. Reliance has become the first Indian company to record PBDIT (Profit Before Depreciation Interest and Taxes) of over $10 billion.
ii. Reliance has become the first Indian company to record PBDIT (Profit Before Depreciation Interest and Taxes) of over $10 billion.
Appointments
10. Justice Adarsh Kumar Goel Appointed NGT
Chairperson
i. Justice Adarsh Kumar Goel, who
retired from the Supreme Court of India has been appointed as the new
Chairperson of the National Green Tribunal (NGT). He has been appointed
to the position for a term of five years, as per an order issued by
the personnel ministry.
ii. The post of NGT chairperson had been lying vacant for more than 6 months after the retirement of Justice Swatanter Kumar.
ii. The post of NGT chairperson had been lying vacant for more than 6 months after the retirement of Justice Swatanter Kumar.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
The National Green Tribunal was established on October
18, 2010 under the National Green Tribunal Act 2010 for effective and
expeditious disposal of cases relating to environmental protection and
conservation of forests and other natural resources.
Sports
News
11. Tbilisi Grand Prix, Georgia: Bajrang Punia Wins
Gold, Deepak Bronze
i. Bajrang Punia emerged champion at the Tbilisi Grand
Prix in the 65kg category after outplaying Iranian
wrestler Mehran Nasiri in the final in Georgia. The 2018 Commonwealth
Games gold medallist recorded a comfortable 9-3 win over the Iranian.
ii. Meanwhile, in the 86kg category, Deepak Punia clinched a bronze with a 5-3 win over Osman Gosen of Turkey.
ii. Meanwhile, in the 86kg category, Deepak Punia clinched a bronze with a 5-3 win over Osman Gosen of Turkey.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
Georgia Capitals: Tbilisi,
Kutaisi, Currency: Georgian lari.
12. Anju Khosla, Oldest Indian Woman To Complete
Ironman Triathlon
i. At 52, Anju Khosla has
become the oldest Indian woman to complete an Ironman Triathlon –
one of the toughest one-day sporting events. The New Delhi resident completed
her first full Ironman Triathlon, in Carinthia, Austria, in 15
hours, 54 minutes and 54 seconds.
ii. It comprises 3.86 km swimming leg, 180.25 km bike leg followed by a marathon (42.2 km), to be completed without a break.
ii. It comprises 3.86 km swimming leg, 180.25 km bike leg followed by a marathon (42.2 km), to be completed without a break.