Weekly Current Affairs One Liners (16 July - 22 July) 2018: Download Now

Weekly Current Affairs One Liners

Weekly Current Affairs One Liners (16 July - 22 July) 2018: Download Now

The One Liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (16 July - 22 July) 2018: Download Now

BANKING & ECONOMY
  • The Reserve Bank of India (RBI) to issue new Rs. 100 denomination banknotes in lavender colour in Mahatma Gandhi (New) Series.
    • The motif of new Rs. 100 note is 'RANI KI VAV', highlighting the country’s cultural heritage.
    • Rani ki Vav, a UNESCO world heritage stepwel site in Patan, Gujarat built in memory the 11th century king Bhima.
    • The dimension of new note is 66 mm × 142 mm.

BANK NOTE
REVERSE
COLOR
SIZE
₹10
Motif of Sun Temple,Konark
Chocolate Brown
63 x 123 mm
₹50
Motif of Hampi with Chariot, Karnataka
Fluorescent Blue
66 x 135 mm
₹100
Motif of Rani Ki Vav, Gujarat
Lavender Colour
66 × 142 mm
₹200
Motif of Sanchi Stupa, Madhya Pradesh
Bright Yellow
66 × 146 mm
₹500
Motif of Red Fort, Delhi
Stone Grey
66 × 150 mm
₹2000
Motif of Mangalyaan
Magenta
66 × 166 mm
  • According to the recent Asian Development Outlook (ADO) of Asian Development Bank (ADB), India will continue to be fastest growing major economy, ahead of China, with growth rate of 7.3% in 2018-19 and 7.6% in 2019-20.
  • National Bank for Agriculture and Rural Development (NABARD) launched the first ever Centre for Climate Change in Lucknow, Uttar Pradesh.
  • Repco Micro Finance Ltd (RMFL), a non-banking finance company promoted by Repco Bank, won the 2018 NABARD award for its service to Self-Help Group (SHG) linkage in Tamil Nadu for the fiscal year 2017-18.
  • The Union Finance Ministry will infuse additional capital close to Rs 11,336 crore in 5 more public sector banks (PSBs) by Sept 2018-end.
    • These five state-owned banks are Punjab National Bank (PNB), Corporation Bank, Andhra Bank, Allahabad Bank and Indian Overseas Bank (IOB).

BANK
AMOUNT
Punjab National Bank
Rs 2,816 crore
Corporation Bank
Rs 2,555 crore
Indian Overseas Bank
Rs 2157 crore
Andhra Bank
Rs 2,019 crore
Allahabad Bank
Rs 1,790 crore
  • State Banks (Repeal and Amendment) Bill, 2017 has been passed by the Parliament of India to merge six subsidiary banks with State Bank of India.
  • The major Stock exchange, Bombay Stock Exchange (BSE) has secured image trademark for its iconic building, Phiroze Jeejeebhoy Towers located on Dalal Street in Mumbai, Maharashtra under Trade Marks Act, 1999.
  • Flipkart’s digital payment subsidiary PhonePe has acquired Zopper Retail, a hyperlocal Point of Sale (POS) platform for small and medium businesses, for an undisclosed amount.
  • The International Monetary Fund (IMF) in its latest World Economic Outlook (WEO) update projected India's growth rate of 7.3% in 2018 and 7.5% in 2019 as against 6.7% in 2017.
  • The board of Life Insurance Corporation of India (LIC) has approved the insurer's acquisition of a majority stake in IDBI Bank.

NATIONAL NEWS
  • India will host the inaugural 2+2 Dialogue with United States in Sept 2018 in New Delhi.
  • The Union Ministry of Road Transport and Highways (MoRTH) issued draft amendments to Central Motor Vehicles Rules, 1989, making Vehicle Tracking System device and FASTags mandatory for all commercial vehicles obtaining national permit.
  • The National Mission for Clean Ganga (NMCG) organised 'Ganga Vriksharopan Abhiyan' in five main stem Ganga basin states – Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal.
  • The Government of India (GoI) gave the in-principle approval for construction and operation of LIGO-India (Laser Interferometer Gravitational-wave Observatory in India) Laboratory in Hingoli District of Maharashtra.
  • India’s first Greenfield skill training centre is going to come up at Baranga near Bhubaneswar in Odisha.
  • According to the Global Status of Commercialized Biotech/ GM Crops in 2017, India has the world’s fifth largest cultivated area under genetically modified (GM) crops.
  • Classical dancer Sonal Mansingh, columnist Rakesh Sinha, Sculptor Raghunath Mohapatra and farmer leader Ram Shakal have been nominated by the President Ram Nath Kovind to the Rajya Sabha.
  • The BBC World Service launched its first Gujarati language television news bulletin as part of an ongoing expansion drive in India.
  • President Ram Nath Kovind has given his assent to Assam Witch Hunting (Prohibition, Prevention and Protection) Bill, 2015.
  • The Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, co-chaired 8th session of India-Oman Joint Commission Meeting (JCM) along with Minister of Industry, Investment, Trade and Digital Economy of Oman, Dr. Ali bin Masoud Al Sunaidy.
  • Union home minister, Rajnath Singh has inaugurated the world’s largest state-of-the-art visa centre in Dhaka with modern facilities, promising shorter waiting times for applicants.
  • Union External Affairs Minister Sushma Swaraj co-chairs the second joint commission meeting with her Bahraini counterpart Shaikh Khalid Bin Ahmed Bin Mohamed Al Khalifa in Bahrain.
  • An eight-year-old Indian-origin schoolboy, Ishwar Sharma, who is the under-11 UK national yoga champion has been named the British Indian of the Year for his achievements in the field.
  • Fertiliser major IFFCO launched mobile application and web portal, IFFCO iMandi to address all needs of the farming community associated with it.
  • A new integrated state-of-the-art Indian Visa Application Centre (IVAC) has been jointly inaugurated by Home Minister Rajnath Singh and his Bangladeshi counterpart Asaduzzaman Khan at Dhaka's Jamuna Future Park.

STATE NEWS
  • The union govt has launched the Student Police Cadet (SPC) Programme nationally in Gurugram, Haryana.
  • The Chhattisgarh govt launched an online portal and mobile app ‘Aabhaar-Aapki seva ka (Gratitude-For Your Service)’ to provide transparency in the pension facility.
  • The 10th Delhi Dialogue (DD X) has been held in New Delhi and it has been hosted by Union External Affairs Minister Sushma Swaraj with the theme 'Strengthening India-ASEAN Maritime Cooperation'.
  • The Madhya Pradesh govt inaugurated the state-run power giant National Thermal Power Corporation Limited (NTPC)’s 250 MW Solar Power Plant at Suwasra in district Mandsaur, Madhya Pradesh.
  • Haryana Govt launched 'Paudhagiri campaign', an unique program to increase green cover in the state.
  • Bihar's Darbhanga district will get the cheapest drinking water in the world.
    • Sulabh International launched cost-effective innovative water project with the concept of 'Sulabh Sauchalya' in the country.
    • People will easily be able to get pure and clean water only in 50 paisa/litre.
  • Haryana has topped other states in per capita revenue collection under GST, and is also the fourth highest generator of e-way bills in the country.
  • Haryana has launched ‘I am not afraid of English’ initiative to make primary school students fluent in English.

INTERNATIONAL NEWS
  • The fourth edition of Bay of Bengal Initiatives for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is going to be held in Kathmandu, Nepal from Aug 30 to 31, 2018.
  • The 8th edition of BRICS Health Ministers’ Meeting has been held at Durban, South Africa.
  • Israel has passed a law declaring only Jews have the right of self-determination in the country.
  • Myanmar joined the India-initiated International Solar Alliance (ISA) and became the 68th signatory to the Framework Agreement of the ISA.
  • The biennial multi-national large force employment warfare exercise 'Pitch Black 2018 (PB-18)' will be hosted by the Royal Australian Air Force (RAAF) in Australia.
  • The United Kingdom (UK) has topped the annual global ranking of nations’ soft power.
  • The UN members unanimously elected Iceland to take a seat on the world body’s 47-member Human Rights Council.
  • United Nations for the first time finalized Global Compact for Safe, Orderly and Regular Migration to better manage international migration, address its challenges, strengthen migrant rights and contribute to sustainable development.

SCIENCE & DEFENCE
  • The National Aeronautics and Space Administration (NASA) launched ‘Remote Sensing Toolkit’ to promote commercial use of satellite data.
  • Scientists approved three new ages on geologic time scale of Holocene Epoch viz. Meghalayan Age, Middle Holocene Northgrippian Age and Early Holocene Greenlandian Age.
  • The Western Railway has been renamed Elphinstone Road suburban railway station in Mumbai, Maharashtra to Prabhadevi Station.
  • The scientists from IIT Delhi developed a silk-based hydrogel that emulates the process of hair growth, an advance that may help screen novel drugs for treating hair loss without using animal tests.
  • U.R. Rao Satellite Centre (URSC), ISRO’s nodal satellites division has signed separate contracts with three vendors to outsource Spacecraft Assembly Integration and Testing (AIT) activities.
  • UK Space Agency selected site at Sutherland on A’Mhoine peninsula on north coast of Scotland for its first spaceport to launch rockets vertically and put satellites in orbit.
  • The 7th Defence Technology and Trade Initiative (DTTI) meeting was held between India and the US delegation.
  • The Indian Institute of Technology (IIT)-Madras commissioned remotely operable Local Electrode Atom Probe (LEAP) microscope.
  • The Centre is planning to set up one National Skill Training Institute (NSTI) in every State to meet the rising demand for skilled manpower in the country.
  • Indian Army will resume trials of US-made M777 ultralight howitzer in the Pokhran firing range, Rajasthan.
  • The Union Ministry of Home Affairs (MHA) is planning to create National Database of Arms Licenses system from Apr 2019.
  • The supersonic cruise missile, BrahMos has been successfully test-fired by DRDO under extreme weather conditions, as part of the service life extension programme for Indian Army.
  • ISRO successfully conducted ground test of its high thrust version of Vikas Engine at ISRO Propulsion Complex (IPRC) in Mahendragiri, Tirunelveli district of Tamil Nadu for duration of 195 seconds.

APPROVALS & MOUS
  • The upper house of the Parliament, Rajya Sabha has passed Prevention of Corruption (Amendment) Bill, 2013 to amend various provisions of Prevention of Corruption Act (PCA), 1988.
  • Five central oil PSUs – IOCL, ONGC, GAIL, OIL, and NRL have signed joint venture (JV) pact for executing 1500 Km North-East Natural Gas Pipeline Grid.
  • Power Grid Corporation of India (POWERGRID) signed a MoU with Uttar Pradesh Power Corporation (UPPCL) for energy efficiency and agricultural demand side management programme.
  • The Cabinet Committee on Economic Affairs (CCEA) approved implementation of Centrally Sponsored-Scheme for completion of 83 minor irrigation projects in Maharashtra’s drought prone areas of Vidharbha, Marathawada regions.
  • The Union Cabinet approved to grant Special Remission to Prisoners as part of commemoration of 150th birth anniversary of Mahatma Gandhi to be observed in 2019.
  • The Union Cabinet approved proposal of Ministry of Women and Child Development (WCD) to make district magistrates (DMs), instead of courts, the final authority for approving adoptions.
  • The Union Cabinet approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 keeping in view the interest of sugarcane farmers.
  • The Union Cabinet approved the signing of MoU amongst BRICS Nations on Regional Aviation Partnership Cooperation.
  • Lok Sabha passed The Right of Children to Free and Compulsory Education (Second Amendment) Bill, 2017 to abolish the ‘no detention policy’ in schools.
  • India and United States (US) have resolved to enhance bilateral cooperation in areas, including counter-terrorism, immigration and aviation security.
  • The Union Government constituted committee under the Chairmanship of Anil Swarup to suggest measures to strengthen National Cadet Corps (NCC) and National Service Scheme (NSS).
  • The Appointments Committee of the Cabinet (ACC) approved renewal of appointment of Prof Anil D Sahasrabudhe as the chairman of the All India Council for Technical Education (AICTE) till he attains the age of 65 years.
  • All India Institute of Ayurveda (AIIA) and IIT (Indian Institute of Technology)-Delhi signed Memorandum of Understanding (MoU) to enhance research in the field of Ayurveda.
  • European Union (EU) and Japan signed Economic Partnership Agreement (EPA).
  • UN Environment Programme (UNEP) entered into partnership with search engine giant Google to monitor impacts of human activity on global ecosystems by using sophisticated online tools.
  • Microsoft and Walmart team up for a strategic partnership to take on rival Amazon in both technology and retail.
  • State-owned defence electronics company, Bharat Electronics Ltd (BEL) signed MoU with Swedish firm, Saab for jointly marketing L-Band 3D air surveillance radar (RAWL-03) which is co-developed by the companies.
  • University of Houston has signed a memorandum of understanding (MoU) with the Indian Institute of Petroleum and Energy (IIPE) to build scientific and technical knowledge through joint research.

APPOINTMENTS
  • Vice-chancellor (V-C) of the Punjab University: Raj Kumar
  • Additional charge of Himachal Pradesh Governor: Kaptan Singh Solanki (Haryana Governor)
  • Chairman and non-executive additional director of Bhushan Steel: TV Narendran

BOOKS
  • The book 'The House of Islam: A Global History' has been authored by Self-proclaimed former Islamist radical Ed Husain.

AWARDS
  • Renowned Carnatic vocalist Aruna Sairam has been selected for 2018 Sangita Kalanidhi award of Music Academy for her contribution to Carnatic music.

SPORTS
  • A young Afghan basketball player, Samira Asghari nominated for the International Olympic Committee (IOC) membership.
  • Indian wrestler Mansi Ahlawat won Silver after she lost to Japan’s Akie Hanai in the 57 kg category final of the Junior Asian Wrestling Championships 2018 in New Delhi.
  • Viresh Kundu won bronze in the 97kg Greco-Roman wrestling category at the 2018 Asian Junior Championships in New Delhi.
  • Lakshya Sen from India clinched historic men’s singles gold at the Asia Badminton Junior Championship 2018 in Jakarta.
  • Japan's Nozomi Okuhara beat the Olympic silver medallist PV Sindhu in the summit clash of the $ 350,000 Thailand Open World Tour Super 500 badminton tournament.
  • Wrestler Vinesh Phogat has won gold at the Spanish Grand Prix in Madrid, conceding just one point in five bouts en route to the title victory in the women's 50kg freestyle category.
  • Honda rider Marc Marquez cruised to his ninth consecutive win at the German Grand Prix to extend his MotoGP lead at Sachsenring.
  • Mohammad Kaif, a cricketer who could earn a spot in the team on the strength of his fielding alone, chose a landmark day to announce his retirement from all forms of the game.
  • France won 2018 FIFA World Cup Football by defeating Croatia by 4-2 goals in the final match held at the Luzhniki Stadium in Moscow, Russia.
    • Golden Ball award: Luka Modric (Croatia)
    • Golden Boot award: Harry Kane (England captain) for scoring six goals across six games
    • Golden Glove award: Thibaut Courtois (Belgium)
    • FIFA Young Player award: 19-year-old Kylian Mbappe (France)
    • FIFA Fair Play Award: Spain for superb disciplinary record.
    • Qatar will be hosting next FIFA World Cup in 2022.
  • The 2018 Wimbledon Championships was the 132nd edition of the tennis tournament championships and 51st edition in the Open Era, held at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom.
    • Men’s Singles title: Serbia’s Novak Djokovic
    • Women’s Singles title: Angelique Kerber (Germany)
    • Men’s Doubles: Mike Bryan and Jack Sock
    • Women’s Doubles: Barbora Krejčíková and Kateřina Siniakov
    • Mixed Doubles: Alexander Peya (Austria) and Nicole Melichar (United States)

IMPORTANT DAYS
  • Jul 18: Nelson Mandela International Day

OBITUARY
  • The Doyen of Hindi poetry: Gopal Das Neeraj
  • The noted activist from Konkan: Rajmata Satvashila Devi Bhosle
  • Veteran actor: Rita Bhaduri
  • Noted Kannada poet and film lyricist: M.N. Vyasa Rao

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