National
News
1. India’s Economic
Growth Rate To Grow At 7.4% in 2018-19: RBI
i. The
Reserve Bank of India has released
its annual report in Mumbai. It was mentioned in the report that due to the
evolving economic conditions, real GDP growth for 2018-19 is expected
to increase to 7.4% from 6.7% in the previous year.
ii. The RBI stated that its monetary policy will continue to be guided by the objective of achieving medium-term target for retail inflation of 4%.
ii. The RBI stated that its monetary policy will continue to be guided by the objective of achieving medium-term target for retail inflation of 4%.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Urjit
Patel- 24th
Governor of RBI, Headquarters- Mumbai, Established on- 1st
April 1935, in Kolkata.
2. ISRO To Outsource Production Of PSLVs and SSLVs To Private Industries
i. The
Indian Space Research Organisation (ISRO) will outsource the
production of the Polar Satellite Launch Vehicles (PSLVs) and Small
Satellite Launch Vehicles (SSLVs) to private Industries. The Indian
Space agency Chairman K Sivan made this announcement.
ii. The ISRO will launch
Gaganyaan, India’s first manned mission to outer space in 2020. As per the
announcement, the Indian Air Force will identify six persons who can be trained
to be astronauts.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Dr K
Sivan is
Chairman of ISRO.
·
ISRO
stands for Indian Space Research Organization.
·
Headquarters
of ISRO- Bengaluru, Karnataka.
3. Cabinet Approves Earth Sciences Ministry’s Umbrella Scheme ‘O-SMART’
i. The
Cabinet Committee on Economic Affairs chaired
by Prime Minister Narendra Modi gave its approval for implementation of an
umbrella scheme ‘Ocean Services, Technology, Observations, Resources
Modelling and Science (O-SMART)’.
ii. The CCEA approved the
scheme for implementation during the period from 2017-18 to 2019-20 at an overall
cost of Rs 1623 crore. The scheme covers a total of 16 sub-projects,
which address ocean development activities such as services, technology,
resources, observations and science.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Nitin
Jairam Gadkari is the present Minister of Shipping of India.
4. India and ADB Sign $375 Million Loan to Improve Irrigation Efficiency in Madhya Pradesh
i. The
government of India and the Asian Development Bank (ADB) signed a $375
million loan agreement to contribute to double farming incomes
in Madhya Pradesh by expanding irrigation networks and system
efficiency.
ii. The Madhya Pradesh Irrigation Efficiency Improvement Project will develop 125,000 hectares of new, highly efficient and climate resilient irrigation networks and improve water use efficiency in more than 400 villages, benefiting over 800,000 people in Madhya Pradesh.
ii. The Madhya Pradesh Irrigation Efficiency Improvement Project will develop 125,000 hectares of new, highly efficient and climate resilient irrigation networks and improve water use efficiency in more than 400 villages, benefiting over 800,000 people in Madhya Pradesh.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The Asian
Development Bank is a regional development Bank established in 1966.
·
Headquarters
of ADB is in Manila, Philippines.
·
Takehiko
Nakao is
Present President of the Asian Development Bank.
5. MoU Signed Between Department of Biotechnology and International Energy Agency
i. The Department of
Biotechnology (DBT),
Ministry of Science and Technology, and the International Energy Agency
(IEA) signed an MoU on Enhancing Innovation for Clean Energy
Transition.
ii. The MoU seeks to deepen co-operation
in support of clean energy innovations to accelerate the research, development,
and demonstration (RD&D) of clean energy technologies in India and will
help support the generation of data for policymaking and improve knowledge of
good policy practices for innovation in India and around the world.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Dr. Harsh
Vardhan is the Minister, for Science & Technology and Earth Sciences,
Environment, Forest and Climate Change.
6. Google
Unveils New Platform Named 'Navlekha' For Indian Publishers
i. Google announced Project
Navlekha at
its 4th edition of Google for India Event held in New Delhi.
Project Navlekha has been launched to enable Indian publishers of regional
languages to publish their content online, without facing the trouble of
selling printed copies.
ii. The official website of
Navlekha can be easily interpreted by users. Users can also obtain help from
experts to set up their publication website.
International
News
7. 4th BIMSTEC Summit
2018 Starts in Kathmandu
i. The 4th BIMSTEC Summit
began in Kathmandu, Nepal. The
two-day Summit will be held with the main focus on countering terrorism,
enhancing regional connectivity and boosting trade.
ii. The theme of the summit is 'Towards
a peaceful, prosperous and sustainable Bay of Bengal region'. Prime
Minister Narendra Modi will hold bilateral talks with leaders of BIMSTEC
countries on the sidelines of the summit.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The
group was formed in 1997 and it brings together Bangladesh, Bhutan, India,
Nepal, Sri Lanka, Myanmar and Thailand.
·
The
grouping accounts for 22 per cent of the global population.
·
Nepal
is the current chair of BIMSTEC.
Asian Games 2018
8. Arpinder Singh Wins Gold In Triple Jump
i. Arpinder Singh ended India's 48-year
long wait for a gold in triple jump at the Asian Games with
an effort of 16.77m. India's last Asian Games gold medal in men's
triple jump had come in 1970 from Mohinder Singh Gill.
ii. Arpinder, who has been
without a medal in multi-sporting events since winning a bronze in the 2014
Commonwealth Games, produced his best jump of 16.77m in his third
attempt.
9. Swapna Barman, 1st Indian Heptathlete To Win Gold In Asian Games
![]() |
Swapna Barman |
i. Swapna Barman created history by
becoming the first Indian heptathlete to win an Asian Games
gold in Indonesia, a feat she achieved despite a toothache.
ii. The 21-year-old
Barman logged 6026 points from the seven events competed for two days. En route
to the title, she won the high jump (1003 points) and javelin throw (872
points) events and finished second-best in shot put (707 points) and
long jump (865 points).
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.