Weekly Current Affairs One Liners (05 March - 11 March) 2018: Download Now

Weekly Current Affairs One Liners (05 March - 11 March) 2018: Download Now

The one liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (05 March - 11 March) 2018: Download Now

Weekly Current Affairs One Liners (05 March - 11 March) 2018: Download Now

The important happenings of the week covered in this segment include the 19th Edition of FICCI Frames, Odisha Govt launched ‘Ama Gaon, Ama Vikas’, 90th Academy Awards, or Oscars 2018, Sultan Azlan Shah cup 2018, 10th Chief Minister of Tripura: Biplab Kumar Deb, Chief Minister of Nagaland: Neiphiu Rio, Meghalaya Chief Minister: Conrad Sangma etc. 


BANKING & ECONOMY
  • India is all set to become the 69th member of the multilateral developmental investment bank, European Bank for Reconstruction and Development (EBRD), headquartered in London, United Kingdom, after shareholders of the international financial institution gave their nod to the country’s candidature.
  • The Reserve Bank of India (RBI) lifts per borrower loan limits, which was earlier up to Rs 5 cr and Rs 10 cr, to Micro, Small & Medium Enterprises (Services) for classification under priority sector lending.
  • The Reserve Bank of India (RBI) announced the scrapping of subsidies given to banks to install ATM machines and cash-recyclers.
    • Currently, the regulator has fixed subsidy amount at 50% of the actual cost of the machine or Rs 2 lakh whichever is lower for urban centre’s and 60% in semi urban areas and rural areas or Rs 2.5 lakh whichever is lower.
  • The Cabinet Committee on Economic Affairs (CCEA) approved Rs 1,151-crore Central Sector Scheme for in-situ management of crop residue in Punjab, Haryana, Uttar Pradesh and NCT of Delhi.
  • The Catholic Syrian Bank Ltd ties up with Celebrus Capital Ltd to offer CSB’s customers online trading and Demat services.
  • According to the Nikkei India Services Business Activity Index, India's services sector contracted at in Feb 2018 compared with 51.7 in Jan 2018.
  • The Ministry of Human Resource Development (MHRD) allocated Rs. 1000 crore for Phase II of Impacting Research Innovation and Technology (IMPRINT) India programme to boost research and innovation in the country.
  • According to recent report by US Treasury Department, India is the 12th largest overseas holder of US govt securities.
  • US-based Major credit rating agency Moody's Investors Service estimated that India will grow at 7.6% in 2018.
  • The IndusInd Bank announced its partnership with Ripple to facilitate payments into and out of India.

NATIONAL NEWS
  • The First-Ever International Solar Alliance (ISA) Summit held at the Rashtrapati Bhavan cultural centre in New Delhi.
  • The 2018 National Legislators Conference inaugurated by Prime Minister Narendra Modi in the Central Hall of Parliament House, New Delhi with the theme 'We For Development'.
  • The Health and Family Welfare Ministry launched #YesIBleed menstrual hygiene campaign on the occasion of International Women’s Day 2018 (Mar 08).
  • The Union Ministry of Micro, Small & Medium Enterprises (MSME) has launched Udyam Sakhi Portal (www.udyamsakhi.org) for women entrepreneurs on International Women’s Day (Mar 08).
  • The National Institution for Transforming India (NITI) Aayog launched Women Entrepreneurship Platform (WEP) on the occasion of International Women’s Day (Mar 8) with the theme song 'Naari Shakti', composed and sung by renowned singer Kailash Kher.
  • Prime Minister Narendra Modi inaugurated the pan-India expansion of flagship programme–Beti Bachao-Beti Padhao (BBBP)–from JhunJhun district of Rajasthan on March 8 to mark the International Women’s Day (IWD-2018).
  • The Union Chemicals & Fertilizers Ministry launched a 100% Oxo-biodegradable Sanitary Napkin, 'Suvidha' under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).
  • The Union Housing Ministry launched I-Metros, an association of all Indian Metro Rail companies for mutual sharing of ideas & experiences for nurturing excellence their performance at Conference on 'Indian Metros: Collaborating for Excellence' held at Metro Bhawan in New Delhi.
  • The Union Ministry of Road Transport & Highways (MoRTH) launched Sukhad Yatra mobile application and 1033 Toll-free Emergency number for highway users.
  • 46th edition of Know India Programme (KIP) held from Feb 12 to Mar 08, 2018 in which Madhya Pradesh was the partner state.
  • The Union Ministry of Commerce and Industry released draft Indian National Strategy for Standardisation of products and services to provide level playing field to domestic industry and adopt best global practices.
  • The Cybersecurity agencies detected a new malware called Saposhi that can take over electronic devices and use them for Distributed Denial of Service (DDoS) attacks.
  • The Energy Efficiency Services Limited (EESL) installed 49 lakh LED Street lights in 28 states/UTs under the Street Lighting National Programme (SLNP), the world’s Largest Street Light Replacement Programme which was first adopted by Rajasthan.
  • India for the very first time has started importing Liquid Natural Gas (LNG) from United States.
  • India’s first helicopter shuttle service (HeliTaxi), provided by Thumby Aviation launched in IT capital Bengaluru, Karnataka in a bid to provide last-mile connectivity.
  • The dispute settlement body (DSB) of World Trade Organization (WTO) decided to set up compliance panel to examine whether India has complied with its 2016 ruling in case against US regarding domestic content requirements (DCR) rules for solar cells and modules.
  • According to Global Fire Power Index (GFPI) 2017, India ranked the 4th most powerful military power in the world out of 133 countries in which US topped the list.

STATE NEWS
  • The Civil Aviation and Aerospace ‘Wings India 2018’, organized by Ministry of Civil Aviation and Airport Authority of India and FICCI, held in Hyderabad with the theme "India-Global Aviation Hub".
  • The Telangana govt launched the India’s First State-Led Incubator Women Entrepreneurship Hub (WE-Hub) for women entrepreneurs in Hyderabad.
  • The 9-member committee for Karnataka Flag constituted by state Kannada and Culture department recommended new tricolor flag having yellow (at top), white (in middle) and red (at bottom) colours, with state’s emblem Gandaberunda (a two-headed mythological bird) in centre.
  • Diu becomes the first and the only Union Territory in the country to be fully operated on solar energy.
  • The Drinking Water and Sanitation Ministry in association with Uttar Pradesh Govt organized Swachh Shakti 2018, a Women’s Convention on occasion of International Women’s Day in Lucknow.
  • The 2018 Women's Film Festival (WFF-2018), organized by the National Film Archives of India (NFAI) from Mar 09 to 11 held at NFAI Pune with the theme 'Travelling Women'.
  • The world-famous International Yoga Festival (IYF-2018) held at Parmarth Niketan in Rishikesh, Uttarakhand.
  • Govt shifted the headquarters of Animal Welfare Board of India (AWBI) to Ballabhgarh in Faridabad District of Haryana from Chennai, Tamil Nadu.
  • The Odisha govt launched the free sanitary napkin scheme ‘Khushi’ for girl students from Class VI to XII in all the govt and govt-aided schools in the state.
  • The Shigmotsav has been celebrated in the month of Phalguna (March) from the 9th moon day to full moon day as per the Hindu calendar in Goa.
  • The 19th Edition of FICCI Frames inaugurated by Union Information and Broadcasting Minister, Smiriti Irani in Mumbai, Maharashtra with the theme 'Creative Future: Coronation of Digital Consumer'.
  • The Punjab Govt signed an MoU with e-Governance Foundation (e-Gov) of Nandan Nilekani regarding the managing of electronic governance of Urban Local Bodies (ULBs) throughout Punjab.
  • The Odisha Govt launched ‘Ama Gaon, Ama Vikas’ (Our Village, our development) programme to reach out to people in rural areas and involve themselves in developmental activities.

INTERNATIONAL NEWS
  • The world’s largest international air traffic management (ATM) exhibition and conference, World ATM Congress (WATMC-2018) held at Feria de Madrid in Spain.
  • 11 Pacific Rim countries formally entered into Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CP TPP or TPP11 in Santiago, Chile.
  • Iraq overtook Saudi Arabia to become India’s top crude oil supplier by supplying 38.9 million tonnes (MT) crude oil in the current financial year.
  • Marshall Islands in Pacific Ocean will become the first country in the world to recognize cryptocurrency as its legal tender and regarding this the parliament of island has passed law to create the digital currency called “Sovereign” with symbol SOV.
  • Krishna Kumari Kolhi from Sindh province in Pakistan has become the first-ever Dalit Hindu woman to get elected as Senator, member of upper house (Senate) of Muslim-majority country.

SCIENCE & DEFENCE
  • The Director Generals of Border Security Force (BSF), India & Border Guard Bangladesh (BGB) declared 8.3 kms stretch of Indo-Bangladesh border as first ‘crime-free zone’.
  • The first-ever multi-nation naval exercise at sea, MILES-18 organized by Andaman Nicobar naval command with the theme 'Friendship Across the Seas' started in the Andaman Sea.
  • Researchers from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bengaluru have developed silver copper telluride (AgCuTe), a novel compound that exhibits poor thermal conductivity but shows good electrical conductivity.

APPROVALS & MOUS
  • The International Solar Alliance (ISA) and African Development Bank (AfDb), Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), Green Climate Fund (GCF) & New Development Bank (NDB) signed Joint financial partnership Declarations to deepen their cooperation in support of renewable energy.
  • The Indian Renewable Energy Development Agency (IREDA) and European Investment Bank (EIB) signed loan agreement for second line of credit (LoC) of Euro 150 million on non-sovereign basis for renewable energy financing in India.
  • The Supreme Court (SC) five-judge Constitution Bench led by Chief Justice of India Dipak Misra has allowed passive euthanasia and right to give advance medical directives or ‘Living Wills’.
  • Rajasthan becomes the second state after Madhya Pradesh to award death penalty and lifetime imprisonment to convicts involved in rape of girls below 12 years of age.
  • India  and  France  singed  14  key  agreements after  extensive  bilateral  talks  between  Prime  Minister
  • Narendra Modi and French President Emmanuel Macron in New Delhi.
  • Indian and French companies exchanged 19 contracts and agreements worth over 13 billion euros.
  • India and France signed strategic pact providing for use of each other’s military facilities including opening naval bases to warships.
  • The Union Cabinet chaired by PM Narendra Modi approved two key measures in telecom sector to facilitate investments, consolidation in the sector and enhancing ease of doing business.
  • The Union Cabinet apprised MoU on Cooperation in field of Renewable Energy between India and Hellenic.
  • The Union Cabinet approved signing of Migration and Mobility Partnership Agreement between India and France.
  • The Competition Commission of India (CCI) imposed fine of more than Rs. 54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport.
  • Microsoft inked its first renewable energy deal in India for powering its new facility in Bengaluru.
  • India and Vietnam signed three agreements including landmark pact on civil nuclear cooperation to boost bilateral relations after high level talks between Prime Minister Narendra Modi and President of Vietnam, Tran Dai Quang in New Delhi.
  • The Union Govt set up 8 members steering committee, headed by Economic Affairs Secretary Subhash Garg to look into the development and regulation of the financial technology (fintech) sector in India
  • Joint Investigation Committee (JIC) comprising US and Indian officials test-fired M777 ultra-light howitzers (ULH) at Pokhran firing range in Rajasthan.
  • Myanmar has indefinitely deferred signing agreement with India to streamline free movement of people within 16 km along open border between two countries.

APPOINTMENTS
  • Special Director in Enforcement Directorate (ED): Vivek R Wadekar
  • Head of Press Information Bureau (PIB): Sitanshu Kar
  • First direct-entry combat officer: Prakriti
  • Official ambassador for Industrial Cadets Programme: Sanjeev Gupta
  • 10th Chief Minister of Tripura: Biplab Kumar Deb
  • Chief Minister of Nagaland: Neiphiu Rio
  • Meghalaya Chief Minister: Conrad Sangma
  • Chief of Scotland Yard’s Counter-terrorism Unit: Neil Basu
  • Brand Ambassador of gaming platform Dream11: Mahendra Singh Dhoni

AWARDS
  • President Ram Nath Kovind presented Nari Shakti Puraskars 2017 to 30 eminent individuals and 9 distinguished institutions at special ceremony held in Rashtrapati Bhavan on Mar 08 on the occasion of International Women’s Day.
  • The Delhi High Court Acting Chief Justice, Gita Mittal becomes the first woman from the field of law and justice to be conferred the ‘Nari Shakti Puraskar’, India’s highest civilian honour for women.
  • Legendary Indian architect, Balkrishna Doshi, a pioneer of low-cost housing design won the prestigious Pritzker Prize.
  • The 90th Academy Awards, or Oscars 2018 has been awarded in 24 categories at the Dolby Theatre in Hollywood, Los Angeles, California (US).
    • Best Picture: The Shape of Water.
    • Best Actress: Frances McDormand (Three Billboards Outside Ebbing, Missouri as Mildred Hayes).
    • Best Actor: Gary Oldman (Darkest Hour as Winston Churchill)
    • Best Director: Guillermo del Toro (The Shape of Water).

SPORTS
  • India B won the 45th edition of the Deodhar Trophy 2018 by defeating Karnataka in the final at the Himachal Pradesh Cricket Association Stadium in Dharamsala.
  • Indian shooter, Akhil Sheoran clinched gold medal in men’s 50m Rifle 3-Position at ISSF Shooting World Cup at Guadalajara in Mexico.
  • World champions Australia lifted the coveted 27th edition of the Sultan Azlan Shah cup 2018 in Ipoh, Malaysia.
  • Minerva Punjab FC won the I-League tournament (2017-18) after defeating Churchill Brothers in the final by 1-0 at the Tau Devi Lal Stadium in Gurgaon, Haryana.
  • Indian ace shooter, Shahzar Rizvi clinched gold with a world record score of 242.3 in 10m air pistol men’s final in the 2018 ISSF World Cup at Guadalajara in Mexico.
  • The Five-time World Champion from India, Viswanathan Anand won the 11th Tal Memorial Chess tournament (rapid section) 2018 with a score of 6.0/9 in Moscow.
  • At 19 years and 165 days of age, highly-rated Afghanistan leg-spinner Rashid Khan becomes the youngest captain in the history of international cricket.
  • Renowned Indian Cricketer, Mahendra Singh Dhoni becomes the brand ambassador of gaming platform Dream11.
  • India’s ace shooter, Manu Bhaker from Haryana won the gold medal in 10 metre Air Pistol Women event at the 2018 ISSF World Cup in Guadalajara, Mexico.
  • Indian Wrestler, Vinod Kumar Omprakash clinched bronze in men’s 70kg freestyle at the 2018 Asian Wrestling Championships at Bishkek, Kyrgyzstan.

IMPORTANT DAYS
  • Mar 08 - International Women’s Day: 'Time Is Now: Rural and urban activists transforming women’s lives'

OBITUARY
  • Sufi singer: Pyare Lal Wadali
  • Senior Congress Leader & Former Maharashtra Minister: Dr. Patangrao Kadam
  • Bollywood & Television Actress: Shammi
  • Noted Disability Rights Activist: Javed Abidi
  • Veteran Odia Film Actor: Sarat Mohanty
  • Renowned Litterateur: Prafulla Das

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