National
News
1. Cabinet
Approves Signing of MoU Amongst BRICS Nations On RAPC
i. The Union
Cabinet has approved the signing of MoU amongst BRICS Nations on the
Regional Aviation Partnership Cooperation (RAPC). The objective is that
BRICS countries will benefit from the establishment of an institutional
framework to cooperate in the field of civil aviation.
ii. The MoU
signifies an important landmark in the civil aviation relations between India
and other BRICS Member States and has the potential to spur greater
trade, investment, tourism and cultural exchanges amongst the BRICS
Nations.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
BRICS is
made up of China, Brazil, Russia, India and South Africa.
·
In December
2010, China, as the Chair, invited South Africa to join BRIC and attend the
Summit in Sanya, China.
·
The 1st BRIC
Summit was held in June 2009 in Yekaterinburg, Russia.
2. 10th
Edition of Delhi Dialogue Begins in New Delhi
i. The 10th
edition of the Delhi Dialogue begins in New Delhi. External
Affairs Minister Sushma Swaraj delivered the keynote address of the two-day
event. The theme of this event is ‘Strengthening India-ASEAN
Maritime Co-operation’.
ii. Political
leadership, policymakers, officials, diplomats, business leaders, think-tanks
and academicians from India and ASEAN Member States will participate
in the discussions. This is the first major event to be organised after the
ASEAN-India Commemorative Summit that was held in New Delhi.
Static/Current
Takeaways Important for SBI PO/Clerk Exam 2018-
·
ASEAN stands
for Association of Southeast Asian Nations.
3. RBI To Issue New Design Rs100 Denomination Banknote
i. The
Reserve Bank of India will shortly issue Rs100 denomination
banknotes in the Mahatma Gandhi (New) Series, bearing the signature of Dr
Urjit R. Patel, Governor, Reserve Bank of India.
ii. The new denomination has Motif of “RANI KI VAV” on
the reverse, depicting the country’s cultural heritage. The base colour
of the note is Lavender. The dimension of the banknote will be 66
mm × 142 mm. All the banknotes in the denomination of Rs100/- issued
by the Reserve Bank in the earlier series will continue to be legal
tender.
Banking/Business News
4. Amazon, 2nd Company To Hit $900
billion Valuation After Apple
![]() |
Amazon |
i. E-commerce giant Amazon briefly crossed $900-billion market cap for
the first time in its history becoming only the second company after Apple to
achieve this milestone.
ii. This comes after Amazon announced it sold over 100 million
products during its Prime Day sale. Apple is currently the world's most
valuable company with a market cap of $935 billion.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Amazon is a US based company which was Founded by Jeff
Bezos.
·
It was founded in 1994.
5. Google Fined $5 Billion By EU
In Android Antitrust Case
i. The European Union regulators have slapped Alphabet-owned Google with a
record 4.34 billion euro ($5 billion) antitrust fine for abusing the
dominance of its Android mobile operating system.
ii. According to the EU, Google's parent company has unfairly
favoured its own services by forcing smartphone makers to pre-install Google
apps Chrome and Search in a bundle with its app store, Play.
Static/Current Takeaways Important for
BOB PO Exam 2018-
·
Google CEO- Sundar Pichai, Parent organization- Alphabet
Inc., Headquarters- the USA.
6.
Jana Small Finance Bank Launches Commercial Operations
i.
Jana Small Finance Bank announced
the commercial launch of its banking operations, the last microfinance
company to convert itself into a small finance bank (SFB), three years
after the Reserve Bank of India (RBI) gave its in-principle approval.
ii. The small finance bank was earlier called Janalakshmi
Financial Services and weathered huge losses on account of
demonetization.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Ajay Kanwal is the MD and CEO of Jana Small Finance Bank.
·
The registered office of Jana Small Finance Bank is in Bengaluru,
Karnataka.
7.
J&K's 1st All-Women Branch Inaugurated At Jammu And Kashmir Bank
i. Jammu & Kashmir's first
all-women branch of Jammu and Kashmir Bank was inaugurated. First Lady Usha
Vohra e-inaugurated the first
'All-Women Branch of Jammu and Kashmir Bank' at a function organised at the
Sher-i-Kashmir International Convention Centre (SKICC).
ii. Ms Vohra also launched special services and products
designed exclusively for women clients of the bank, which included Pink
Gold Saving Scheme, Pink Platinum Saving Scheme, Special Loan Facility for
Women Entrepreneurs, Pink Gold Debit Card and Pink Platinum Credit Card.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Parvez Ahmad is the chairman of Jammu and Kashmir
Bank.
8.
Finance Ministry Approves Infusion of Rs 11,336 crore in 5 PSBs
i. The finance ministry has approved an
infusion of Rs 11,336 crore in five state-owned
lenders including PNB, Corporation Bank and Andhra Bank to help them meet the
regulatory capital requirement.
ii. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year.
ii. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year.
iii. Which bank will get how
much:
1. Punjab National Bank: Rs 2,816 crore (Highest Amount),
2. Allahabad Bank: Rs 1,790 crore,
3. Andhra Bank: Rs 2,019 crore,
4. Indian Overseas Bank: Rs 2,157 crore,
5. Corporation Bank: Rs 2,555 crore.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
Piyush Goyal is the present Finance Minister
of India.
9. SBI
Organised Kisan Mela To Educate Farmers On Financial Literacy
i. Kisan Mela was organized at State Bank of India's rural
and semi-urban branches across the country to impart financial literacy to
farmers.
ii. As part of the mela, SBI also plans to offer Kisan
Credit Cards to farmers. The bank also made farmers aware of the benefits of
timely renewal of KCC account and usage of KCC Rupay Card for transactional
convenience.
Static/Current Takeaways Important for
BOB PO Exam 2018-
·
SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Established
on- 01st July 1955.
Sports News
10. 7 New Medal Events Added To
Beijing Winter Games 2022
i. Planning for its next three Olympic Games, the International
Olympic Committee (IOC) has added seven medal events to the
2022 Beijing Winter Games, published a 2020 Tokyo Olympics schedule
with no agreement on when to race swimming finals, and set a timetable to add
new sports to the 2024 Paris Olympics.
ii. The next Winter Olympics will now include: women’s monobob,
Big Air freestyle skiing for men and women, plus mixed team events in short
track speed skating, ski jumping, ski aerials and snowboardcross.
Static/Current Takeaways Important for
SBI PO/Clerk Exam 2018-
·
International Olympic Committee headquarters in Lausanne,
Switzerland.