National News
1. Government Unveils
Draft UDAN Scheme For International Routes
i. The
Centre unveiled a draft scheme for extending the affordable air travel programme UDAN to
international circuits, with state governments identifying the routes for
operation. The draft International Air Connectivity (IAC) scheme envisages to
increase the international ticketing to 20 crore by 2027.
ii. According to the draft
scheme, state governments will identify the routes to be connected, and airline
operators will assess demand on the identified routes and submit proposals for
providing connectivity.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
UDAN
(Ude Desh Ka Aam Naagrik) was launched in 2016 to make air travel affordable
for people through subsidised ticket rates and to provide air connectivity to
smaller towns.
2. NGT Appoints Justice S J Vazifdar As Chairman Of Panel To Decide Vedanta's Plea
i. The National Green
Tribunal (NGT) has
appointed former Punjab and Haryana High Court Chief Justice S J
Vazifdar as head of a three-member committee to decide mining
company Vedanta's plea challenging closure of its Sterlite copper plant
at Tuticorin.
ii. A bench headed by
chairperson A K Goel had stated a credible mechanism, through which rival
contentions can be balanced and final view taken, has to be evolved.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
NGT Chairman: A K Goel, Headquarters: New Delhi.
International News
3. EU Wind Survey
Satellite 'Aeolus' Launched From French Guyana
i. A
new European satellite named 'Aeolus' using advanced laser technology to track global winds and
improve weather forecasts has been successfully put into orbit on a
Vega rocket from French Guyana.
ii. It is part of a
European project to monitor environmental damage and help disaster relief. The
"Aeolus" satellite has been named after the guardian of wind in Greek
mythology that took place at the European spaceport in Kourou.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Aeolus
is the fifth mission in ESA’s Earth Explorer series and also Arianespace's 50th
launch for the European Space Agency.
·
Aeolus
is part of the Copernicus project, a joint initiative of the European Union and
the European Space Agency (ESA) to track environmental damage and aid disaster
relief operations.
4. World Bank Launches
World's 1st Blockchain Bond
i. The
World Bank launched ‘bond-i', the world’s first bond to be created, allocated, transferred
and managed by using distributed ledger technology. This two-year bond
successfully raised 110 million Australian dollars (USD 80.48 million).
ii. This was the first
time that investors supported the World Bank’s development activities in a
transaction that is fully managed using the blockchain technology from start to
finish.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Bond-i is
a Blockchain Operated New Debt Instrument.
·
President
of the World Bank- Jim Yong Kim.
·
Headquarters
of World Bank- Washington, DC.
5.
Treasurer Scott Morrison Elected New Prime Minister of Australia
i. Treasurer Scott
Morrison has
been elected the new Prime Minister of Australia after winning
an internal vote of 45-40 against former Home Affairs Minister Peter
Dutton.
ii. Morrison will take over
the charge as PM from Malcolm Turnbull.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Australia Capital- Canberra, Currency- Australian dollar.
Ranks and Reports
6. India To Grow At
7.5% In 2018, 2019: Moody's Report
i. The Indian economy is
expected to grow by around 7.5% in 2018 and 2019 as it is largely
resilient to external pressures like those from higher oil prices, according to
Moody's Investors Service Global Macro Outlook for 2018-19.
ii. Moody's put G-20 growth
at 3.3% in 2018 and 3.1% in 2019. The advanced economies will grow 2.3% in 2018 and 2% in
2019, while G-20 emerging markets will remain the growth drivers at 5.1% in
both 2018 and 2019.
7. NITI Aayog Releases 5 Thematic Reports On Indian Himalayan Region
i. NITI Aayog released five
thematic reports on
Sustainable Development in Indian Himalayan Region. It was released by NITI
Aayog Vice Chairman Dr Rajiv Kumar, CEO Amitabh Kant and member Dr V K Saraswat
in New Delhi.
ii. The themes include Inventory
and Revival of Springs in the Himalayas for Water Security, Sustainable
Tourism, and Transformative Approach to Shifting Cultivation, Strengthening
Skill and Entrepreneurship Landscape in the Himalayas.
iii. As per the Reports, Himalayan Tourism, growing annually at 6.8% has created a huge challenge related to solid waste, water, traffic, loss of bio-cultural diversity.
iii. As per the Reports, Himalayan Tourism, growing annually at 6.8% has created a huge challenge related to solid waste, water, traffic, loss of bio-cultural diversity.
Static/Current Takeaways
Important for RRB PO/Clerk Exam 2018-
·
NITI- National
Institution for Transforming India.
·
NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh
Kant.
Banking News
8. Ujjivan Small
Finance Bank Launches Overdraft Facility For MSEs
i.
Ujjivan Small Finance Bank, a wholly-owned subsidiary of Ujjivan Financial Services Ltd,
has launched an overdraft (OD) facility for micro and small enterprise
(MSE) customers across its branches nationally.
ii. The facility is an add-on
product to the existing MSE term loans offered by the bank. The OD facility is
offered to all MSEs with a turnover of Rs 50 lakh or more, at
a competitive rate of interest.
iii. This interest rate is for one year, with a credit limit between a minimum of Rs 11 lakh to a maximum of Rs 50 lakh, which can be renewed annually.
iii. This interest rate is for one year, with a credit limit between a minimum of Rs 11 lakh to a maximum of Rs 50 lakh, which can be renewed annually.
Static/Current
Takeaways Important for Indian Bank PO Exam 2018-
·
Samit
Ghosh is the Managing Director & CEO of Ujjivan Small Finance Bank
Ltd.
·
It
Headquarters in Bengaluru, Karnataka.
Asian Games 2018
9. India Wins 2nd Gold In Rowing In Asian Games History
i. Indian rowers Sawarn
Singh, Dattu Bhokanal, Om Prakash and Sukhmeet Singh won the men's
Quadruple Sculls to win India's fifth gold medal at the Asian Games
2018.
ii. The medal is only the second ever gold medal for India in the rowing competition in Asian Games history.
ii. The medal is only the second ever gold medal for India in the rowing competition in Asian Games history.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The
Host cities for Asian Games 2018 are Jakarta and Palembang, Indonesia.
·
Bhin Bhin, Kaka, and Atung are the mascots of the 2018 Asian Games.
10. Bopanna,
Sharan Win Tennis Maiden Doubles Gold
![]() |
Bopanna, Sharan Win Tennis Maiden Doubles Gold |
i. Top
seeds Rohan Bopanna and Divij Sharan notched up their maiden men’s tennis doubles gold
medal at the Asian Games, in Palembang, Indonesia. Bopanna and
Sharan defeated Aleksander Bublik and Denis Yevseyev of Kazakhstan.
ii. India have claimed
the men’s doubles gold on four occasions at the Games, the last pair being
Somdev Devvarman and Sanam Singh in the 2010 Guangzhou edition.