Weekly Current Affairs One Liners (07 May - 13 May) 2018: Download Now

Weekly Current Affairs One Liners (07 May - 13 May) 2018: Download Now

The one liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (07 May - 13 May) 2018: Download Now
Weekly Current Affairs One Liners (07 May - 13 May) 2018: Download Now

The important happenings of the week covered in this segment include the Buddhist tourism circuit, Digital India Internship Scheme, 2018 International Children’s Theatre Festival, Govt of Manipur has launched ‘Go to Village’ mission, First Apex Conference for CEOs of Smart Cities 'Star Khel Mahakumbh' etc.

BANKING & ECONOMY
  • The Reserve Bank of India (RBI) put state-run lender Dena Bank under prompt corrective action PCA) framework.
    • With this, Dena Bank becomes the first lender to face curbs on lending under PCA framework.
  • The International Monetary Fund (IMF) in its Asia and Pacific Regional Economic Outlook report reaffirmed that India will be the fastest growing major economy in 2018, with growth rate of 7.4% in 2018 and 7.8% in 2019.
  • The Asian Development Bank (ADB) projected India to remain the fastest growing Asian nation with 7.3% growth in 2018-19 and 7.6% in 2019-20.
  • The Reserve Bank of India (RBI) would buy Rs. 10,000 crore ($1.50 billion) of govt bonds via open market operation (OMO), after failing to sell all the debt it had offered to bidders earlier.

NATIONAL NEWS
  • The Ministry of Tourism decided to expand Buddhist tourism circuit under Swadesh Darshan Scheme to 21 more states to make it India’s first trans-national tourist circuit.
  • The 6th United States-India Aviation Summit, formally inaugurated by Union Minister for Civil Aviation Suresh Prabhu, has been held in Mumbai, Maharashtra.
  • Prime Minister Narendra Modi with his Nepalese counterpart KP Sharma Oli jointly inaugurated direct bus service between Janakpur (Nepal) and Ayodhya (India) under Ramayana circuit.
  • Atal Tinkering Marathon’s top 30 Innovations to be supported through industry partnerships were showcased on the eve of the National Technology Day (May 11).
  • According to Ministry of New and Renewable Energy (MNRE), India’s installed clean (renewable) energy capacity touched 70 Gigawatts (GW) and 38 GW is under implementation.
  • The Union Ministry of Electronics and Information Technology (MeITY) launched the website of Digital India Internship Scheme.
  • India hosts the 15th edition of the Asia Media Summit (AMS-2018) in New Delhi with the theme 'Telling our Stories- Asia and More'.
  • Indian Pharmacopoeia Commission (IPC) in its 2018 edition of Indian Pharmacopoeia approved modern, animal-free tests for drug manufacturers.
  • The Telecom Regulatory Authority of India (TRAI) has issued draft of Telecommunication Interconnection (Amendment) Regulations 2018 to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telecom operators.
  • The Ministry of Tribal Affairs (MoTA) is planning to expand Van Dhan Vikas Kendras in tribal districts across the country.
  • The 2018 International Children’s Theatre Festival will be held at the Academy of Fine Arts in Kolkata, West Bengal from Jun 17 to 21.

STATE NEWS
  • Telangana govt launched an investment support scheme, Rythu Bandhu (friend of farmers) Scheme to support livelihood of farmers.
  • Bhopal Smart City Development Corporation Ltd. (BSCDCL) launched the India’s first cloud-based Common Integrated Data Centre, Disaster Recovery Centre and Integrated Control and Command Centre (ICCC).
  • The first edition of 2018 bi-annual Naval Commanders’ Conference held in New Delhi.
  • The third edition of United Nations Peacekeeping Course for African Partners (UNPCAP) has been held in New Delhi.
  • The First Apex Conference for CEOs of Smart Cities has been organised by Union Urban Affairs Ministry in Bhopal, Madhya Pradesh.
  • The 19th edition of TOONZ Animation Masters Summit 2018 held in Thiruvananthapuram, Kerala.
  • The Govt of Manipur has launched ‘Go to Village’ mission across the State from Konuma ground of Komlakhong gram panchayat in Imphal West district.

INTERNATIONAL NEWS
  • The Shanghai Cooperation Organization (SCO) Tourism Ministers' conference has been held in Wuhan, China.
  • US President Donald Trump's administration cancelled NASA’s Carbon Monitoring System (CMS) programme citing reasons of budget constraints and higher priorities within science budget.
  • The 2018 World Robot Conference (WRC) is going to be held in Beijing, China from Aug 15-19 under the theme of creating new intelligent power and sharing the new opening-up era.
  • United States President Donald Trump has unilaterally withdrew US from historic 2015 Iran nuclear deal or Joint Comprehensive Plan of Action (JCPOA) deal signed between Iran and P5+1 countries.
  • Nepal Govt granted power generation licence to Indian government-owned subsidiary Satluj Jal Vidyut Nigam Ltd (SJVNL) from a 900-megawatt (MW) Arun-3 Hydropower Project located in eastern Nepal.
  • Alphabet Inc’s Google has launched Android Things (codenamed Brillo), a variant (or spinoff) of Android operating system for Internet of Things (IoT) devices such as smart home appliances and other smart machines.
  • The 12th informal meeting of SAARC Finance Ministers held in Manila, Philippines, on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB).

SCIENCE & DEFENCE
  • Scientists discovered world’s second oldest grain of magmatic zircon (a mineral that contains traces of radioactive isotopes) from Champua from Singhbhum rock sample in Odisha’s Kendujhar district.
  • The first communication satellite of Bangladesh, Bangabandhu-1 will be launched by SpaceX’s Falcon 9 rocket from Kennedy Space Center Launch Complex 39A.
  • The Indian Air Force (IAF) for the very first time successfully conducted scheduled test for airmen recruitment (STAR) online, taking forward Digital India Initiative of Govt.
  • Indian Army’s month long Vijay Prahar exercise has been concluded in Suratgarh, Rajasthan.
  • Scientists at Central Sheep and Wool Research Institute (CSWRI), Avikanagar, Rajasthan have come up with new laparascope-assisted insemination technique for sheep breeding.
  • China successfully launched a new communication satellite "APSTAR-6C" into orbit by the Long March 3B launch vehicle from Xichang Satellite Launch Center at Sichuan province of China.

RANKING & REPORTS
  • After topping the chart for four years, India slipped to sixth position globally on the Global Optimism Index in the first quarter of 2018.
    • Austria topped the index followed by Finland, Indonesia.
  • India ranked fourth out of 25 nations in Asia-Pacific region in the inaugural Asia Power Index released by Australian think tank Lowy Institute.
    • US remained to be pre-eminent power in Asia.
  • California’s economy has surpassed the United Kingdom to become the world’s fifth largest.

APPROVALS & MOUS
  • India and Peru have signed agreement in field of Renewable Energy.
  • The parliamentary panel, headed by veteran BJP MP Murali Manohar Joshi decided to study the recovery of black money and performance of public sector banks among a host of subjects.
  • United States' prestigious Stanford University agreed to assist Uttar Pradesh Govt to combat chronic disease like Japanese Encephalitis (JE) and Acute Encephalitis Syndrome (AES).
  • India and Panama signed two agreements on exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.
  • The Fifteenth Finance Commission (FCC), headed by NK Singh, constituted Advisory Council to advise and assist Commission on issue or subject related to Terms of Reference (ToR) to quell strong opposition from some states over 2011 census.
  • The Ministry of Road Transport and Highways (MoRTH) approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis to promote electric vehicles (e-vehicles) in India.
  • India send Bangladesh its second relief consignment under Operation Insaniyat to help tens of thousands of displaced Rohingya Muslims who fled Myanmar into Bangladesh following military crackdown in violence-hit Rakhine state.
  • India and Guatemala inked a pact for strengthening diplomatic cooperation through Respective Foreign Service Institutes in educational field.
  • The NITI Aayog signed a Statement of Intent (SoI) with search engine giant, Google to work together to foster growth for India’s nascent artificial intelligence (AI) and machine learning (ML) ecosystem.
  • The Union Govt has signed $200 million loan agreement with World Bank for National Nutrition Mission (POSHAN Abhiyaan) for 315 districts across all states and union territories.
    • POSHAN Abhiyaan (Prime Minister’s Overarching Scheme for Holistic Nutrition) was launched in Jhunjhunu, Rajasthan in Mar 2018.
  • The Ministry of Women and Child Development (WCD) in its Programme Approval Board (PAB) meeting approved setting up of additional 100 One Stop Centres (OSCs) for women affected by violence.
  • The Central Board of Direct Taxes (CBDT) notified protocol to amend existing Double Taxation Avoidance Agreement (DTAA) between India and Kuwait.
  • State-run Power Grid Corporation of India (PGCIL) has inked a pact with the Ministry of Power to incur capital expenditure of Rs.25,000 crore for the current fiscal.

APPOINTMENTS
  • Green Ambassador of Sikkim State: Mohit Chauhan
  • 03 months extension as CEO of FSSAI: Pawan Kumar Agarwal
  • PM of Malaysia: Mahathir bin Mohamad.

AWARDS
  • A holistic coach & consultant from Mumbai, Nisha Bhalla has been conferred with the 'Excellent Woman of Excellence' award for her spiritual service at the Women Economic Forum (WEF) 2018 in Delhi.

SPORTS
  • India’s top table tennis player, G Sathiyan officially signed with German Bundesliga’s top division club ASV Grunwettersbach Tischtennis for 2018/19 season.
  • Ramit Tandon from India won the Abu Dhabi Open squash title.
  • Olympian Gagan Narang and Pooja Ghatkar clinched a Silver medal in the 10-meter Air Rifle Mixed Team Shooting event in the Grand Prix of Liberation International competition at Pilsen in the Czech Republic.
  • The sports initiative, 'Star Khel Mahakumbh' has been launched by BJP MP Anurag Thakur and cricketing great Sachin Tendulkar at Dharamshala in Himachal Pradesh in the presence of 1,500 athletes.

IMPORTANT DAYS
  • 12-May: International Nurse Day- ‘Nurses: A Voice to Lead – Health is a Human Right'
  • 11-May: National Technology Day- ‘Science and Technology for a Sustainable Future'
  • 05-May: World Cartoonist’s Day       

OBITUARY
  • Former Delhi cricketer: Rajinder Pal
  • Former Madhya Pradesh minister: Dr Nirmal Hirawat
  • The veteran Marathi singer: Arun Date

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