Weekly Current Affairs One Liners (25 June - 30 June) 2018: Download Now

Weekly Current Affairs One Liners (25 June - 30 June) 2018: Download Now

The one liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (25 June - 30 June) 2018: Download Now

BANKING & ECONOMY

• The Reserve Bank of India (RBI) has tweaked priority sector eligibility and classification norms following an announcement in the second bi-monthly policy statement on Jun 6.
• The Ministry of Corporate Affairs released draft on cross-border insolvency in order to strengthen Insolvency and Bankruptcy Code (IBC).
• The Insurance Regulatory and Development Authority of India (IRDAI) set up 10-members committee, headed by Suresh Mathur, to review norms related to Insurance Marketing Firms (IMF) with an aim to increase insurance penetration in the country.
• Yes Bank has received approval from market regulator Securities and Exchange Board of India (Sebi) for acting as custodian of securities.
• Custodian of securities is a licence granted by Sebi to eligible entities allowing them to offer custodial services to financial market participants including foreign institutional investors (FIIs) and foreign portfolio investors (FPIs).
• The Reserve Bank of India (RBI) narrowed the definition of relatives under the ‘maintenance of close relative’ category of Liberalised Remittance Scheme (LRS) to check outflow of funds and prevent misuse of facility.
• At present, LRS limit for all resident individuals, including minors, is US $2,50,000 (Rs. 1.5 crore) per financial year.
• As per the latest report of 'Global Economic Outlook', Fitch Ratings has raised India’s growth forecast for 2018-19 to 7.4% from 7.3%, but cited higher financing costs and rising oil prices as risks to growth.
• Banks Board Bureau (BBB) recommended 22 general managers to be elevated as executive directors at the various public sector banks (PSBs).
• This is the first major exercise undertaken by reconstituted BBB, headed by newly appointed Chairman BP Sharma, former Secretary, Department of Personnel and Training.
• The conference on implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) held in New Delhi.
• It was organized by Pension Fund Regulatory and Development Authority (PFRDA).
• Muthoot Fincorp has become the first major private sector player to partner with National Skill Development Corporation (NSDC) to launch the Pradhan Mantri Kaushal Vikas Yojana (PMKVY.2) programme.

NATIONAL NEWS

• India host the 3rd annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai with the theme, "Mobilizing Finance for Infrastructure: Innovation and Collaboration".
• Prime Minister Narendra Modi has laid the foundation stone of Vanijya Bhawan, a new office complex in New Delhi for the Department of Commerce.
• The Unique Identification Authority of India (UIDAI) notified that use of Aadhaar biometric data for criminal investigation is not allowed under Aadhaar Act, 2016.
• The Union Ministry of Power has considered a proposal in making 24 degrees celsius as mandatory default setting and labeling of air conditioners within few months.
• India notified higher tariffs on 29 items imported from United States (US).
• This was in retaliation against US announcement imposing tariffs on steel and aluminium items — 25% and 10% respectively — imported from all countries except Canada and Mexico in Mar 2018 to compensate from loss of revenue.
• The Ministry of Home Affairs (MHA) banned al Qaeda in Indian Subcontinent (AQIS) and Islamic State in Khorasan Province (ISKP) under anti-terror law, Unlawful Activities (Prevention) Act (UAPA), 1967.
• The 19th all India Conference of Directors of Finger Prints Bureaux 2018 has been inaugurated by Hansraj Gangaram Ahir, the Union Minister of State for Home Affairs, in Hyderabad.
• The Guinness World Record (GWR) for largest number of people performing yoga at one place at the same time has been set up in Kota, Rajasthan in the 4th edition of International Yoga Day (IYD-2018).
• Indian IT industry’s apex body, NASSCOM (National Association of Software & Services Companies) launched 'Women Wizards Rule Tech' programme to increase number of women in senior levels in Information Technology (IT) industry.
• The Union Ministry of Human Resource Development (HRD) has launched National Digital Library of India (NDLI) on the occasion of National Reading Day (June 17) in New Delhi.
• According to 11th report of Common Review Mission of National Health Mission (NHM), more than 93% of women bear uneven burden in family planning of sterilisations in the country.
• The Union Ministry of New and Renewable Energy (MNRE) declared medium (5 GW by 2022) and long-term (30 GW by 2030) targets for offshore wind power capacity addition.
• The Union Govt constituted Chief Ministers Subgroup to coordinate policy approaches for agriculture sector and Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).
• The Union Ministry of Health and Family Welfare launched National Health Resource Repository (NHRR) Project.
• Minister of State (I/C) Youth Affairs and Sports Col Rajyavardhan Rathore sanctioned a special financial assistance of Rs.5 lakhs to former International Archer & Arjun Awardee Limba Ram.
• The Union Ministry of Electronics & Information Technology (MeitY) will expand its India BPO Promotion Scheme to 1 lakh seats from current 48,000 seats.

STATE NEWS

• Gujarat Chief Minister Vijay Rupani launched the Rs 870-crore pilot project of Suryashakti Kisan Yojana (SKY).
• Under the Yojana, farmers can generate electricity using solar energy and sell the surplus to the electric grid.
• The annual Ambubachi Mela started at Nilachall hillock where the Kamakhya temple is situated, in Assam.
• The 22nd edition of Sindhu Darshan Festival (SDF) started on the bank of Indus River in Leh district of Ladakh region, Jammu and Kashmir (J&K).
• Prime Minister Narendra Modi has launched the Mohanpura Irrigation Project in Rajgarh district in Madhya Pradesh.
• On the occasion of the 4th International Day of Yoga, Haryana Chief Minister Manohar Lal Khattar has announced to set up a 'Yog Aayog' in the state.
• The seventh edition of India Minerals and Metals forum has been inaugurated in New Delhi on Jun 21, 2018.
• The Ministry of Human Resource Development has approved setting up an inter-university yoga centre at Swami Vivekananda Yoga Anusandhana Samsthana in Bengaluru.
• Punjab govt has launched mobile application, 'i-Hariyali' under 'Mission Tandarust Punjab' aimed at increasing the state’s green cover
• The Training of Trainers (ToT) Course on Civilian Protection and the Responsibility to Protect (R2P) has been held at Manekshaw Centre, New Delhi.
• The capital city of Meghalaya, Shillong has been selected as the 100th city to receive funding under the Centre's flagship Smart Cities Mission after evaluation of the proposal submitted by it.
• The world’s first of its kind and state-of-the-art; International Centre for Humanitarian Forensics has been launched in Gandhinagar, Gujarat.
• Tamil Nadu govt said the much-anticipated All India Institute of Medical Sciences (AIIMS) facility announced for the state by the Centre will come up near Madurai at an estimated cost of Rs 1,500 crore.
• 2018 National Yoga Olympiad has been organized by National Council of Educational Research and Training (NCERT) at in CIET in New Delhi.
• The Govt of Haryana has launched 7-Star Gram Panchayat Rainbow scheme to give star rankings to its panchayats on the basis of seven social parameters.
• The fourth meeting of Governing Council of National Institute of Transforming India (NITI) Aayog has been held under the chairmanship Prime Minister Narendra Modi at Rashtrapati Bhavan, New Delhi.
• BJP National President Amit Shah has laid down the foundation stone for 19 new cancer hospitals in Guwahati.
• Telangana Police launched a mobile application, COP CONNECT to support the professional communication and collaboration needs of entire police department of the state.
• Goa has celebrated its Goa Revolution Day (GRD) on Jun 18, 2018 to pay tributes to the martyrs of the state’s liberation struggle.

INTERNATIONAL NEWS

• Mongolia has started the construction of its first strategically important oil refinery funded by India in southern Dornogovi province.
• The inaugural India, United States 2+2 Dialogue will be held on Jul 06, 2018 in Washington. DC, capital city of US.
• The Parliament of Canada passed Cannabis Act (or Bill C-45) that legalizes recreational use of marijuana (a psychoactive drug from the Cannabis plant intended for medical or recreational use) nationwide.
• The United States under President Donald Trump administration has withdrawn from United Nations Human Rights Council (UNHRC) terming it hypocritical and self-serving.
• According to latest report and updated count by Stockholm International Peace Research Institute (SIPRI), the number of nuclear warheads with nine nuclear countries has reduced from 14,935 at start of 2017 to 14,465 at start of 2018.
• Conference on “International Decade for Action: Water for Sustainable Development, 2018-2028” held in Tajikistan.
• Google announced the launch of a training programme for journalists with an aim to raise awareness against misinformation and providing new tools to the fourth estate against fake news.
• The annual Asia and Oceania Region Inter-Governmental Ministerial meeting on anti-doping held in Colombo, Sri Lanka.
• The World Health Organisation (WHO) classified gaming addiction as mental health disorder in its International Classification of Diseases (ICD) 11.
• SAARC Development Fund (SDF) will launch the social enterprise development programme (SEDP) as part of its social window.

SCIENCE & DEFENSE

• Researchers at the University of Michigan (UM) in the US developed the world’s smallest computer "Michigan Micro Mote".
• Indian Army is observing year 2018 as "Year of Disabled Soldiers in Line of Duty" to honour soldiers who have been disabled in line of duty.
• The tri-service joint military exercise Indra-2018 between India and Russia will take place at Indian military base.
• Indian Coast Guard (ICG) commissioned fast patrol vessel (FPV) ICGS "Rani Rashmoni", in Visakhapatnam, Andhra Pradesh.
• It is the fifth and last ship to be commissioned in the series of fast patrol vessel (FPV) project of ICG.
• The team of specialists from US has held meeting with their counterparts on Indian side in New Delhi to negotiate text of Communications Compatibility and Security Agreement (COMCASA), a foundational military communications agreement.
• The indigenously upgraded artillery gun, Dhanush has successfully completed final user trials and is now ready for induction into Indian Army.
• Russia successfully launched Glonass-M positioning satellite on board of Soyuz-2.1b carrier rocket from the Plesetsk space centre in Mirny, Arkhangelsk Oblast.
• Flying Officer Meghana Shanbough MR has become the sixth female fighter pilot to join the ranks of Indian Air Force (IAF).

APPROVALS & MOUS

• India and Tajikistan have reaffirmed their commitment to promote bilateral relations and agreed to enhance economic cooperation, particularly in sustainable water development.
• Microsoft has acquired Flipgrid, a social education app that utilizes short video clips to create collaborative lesson plans.
• The Central Water Commission  (CWC) signed a collaboration agreement with search engine giant Google for flood forecasting and dissemination of flood related information to masses.

APPOINTMENTS

• Brand Ambassador of Sikkim for a year: AR Rahman
• J&K Chief Secretary: BVR Subrahmanyam
• Advisors to J&K Governor NN Vohra: BB Vyas And Vijay Kumar
• New President of Colombia: Ivan Duque Marquez
• MD & CEO of IDBI Bank: B Sriram
• Chief Finance Officer of General Motors: Dhivya Suryadevara
• First woman DGP of Puducherry: S Sundari Nanda
• PM of Jordan: Omar al-Razzaz

RANKING & REPORTS

• India has been ranked at 177 among the 180 nations at the 2018 Global Environment Performance Index (EPI) rankings.
• Switzerland topped the green rankings followed by France, Denmark, Malta and Sweden.

AWARDS

• United Nations Medal for "selfless service" has been awarded to the Indian Army contingent comprising of 7 Garhwal Rifles Infantry Battalion Group.
• The contingent is part of the United Nations Mission in South Sudan (UNMISS) in South Sudan.
• Rajasthan Chief Minister Vasundhara Raje has been conferred with the 'Chief Minister of the Year' award for her remarkable work in e-governance.
• The 'Best performing Social Sector Ministry' has been conferred on the Ministry of Women and Child Development (WCD) for its significant achievements and initiatives from the last 4 years.
• The country's top-ranked men's shuttler Kidambi Srikanth has been adjudged Sports Illustrated 'India's Sportsperson of the Year' for his stupendous performance in 2017
• The Women's Cricket Team bagged the 'Team of the Year' award
• National football team coach Stephen Constantine clinched the title of 'Coach of the year'
• Tennis veteran Leander Paes has been awarded 'Outstanding contribution to Sport'
• Aizawl FC named Editor's Choice for Excellence (Team)
• Commonwealth gold medallist Jitu Rai - Editor's Choice for Excellence (Male)
• Young paddler Manav Thakkar - 'Young Sportsperson of the Year'
• Golfer Shubhankar Sharma - 'Gamechanger of the Year'
• Legendary hockey player Dhanraj Pillay, who was awarded with the Lifetime Achievement Award
• Surat smart city from Gujarat has been selected for 'City Award' for showing great momentum in implementation of projects under India Smart Cities Awards 2018 especially in categories of urban environment, transport and mobility and sustainable integrated development.
• Governance category: PMC Care from Pune
• Built Environment category: Smart Place Making from Pune
• Social Aspects category: Smart Class rooms from NDMC and Jabalpur, Smart Campus from Visakhapatnam, Lighthouse from Pune
• Culture and Economy category: B Nest Incubation Centre from Bhopal and Conservation of Rajasthan School of Arts from Jaipur
• Urban environment category: Public Bike Sharing from Pune, Bhopal, Coimbatore and Waste to Energy Plant in Jabalpur
• Transport and Mobility category: Integrated Transit Management System (TMS) from Ahmedabad and Surat
• Water and Sanitation category: Smart Water Management through SCADA from Ahmedabad
• Anukreethy Vas, a 19-year-old Tamil Nadu college student, has been crowned Femina Miss India 2018 in a grand ceremony in Mumbai hosted by filmmaker Karan Johar and actor Ayushmann Khurrana.
• Vishwas Mandalik from Nasik and the Yoga Institute in Mumbai have been selected as recipients of the 2018 Prime Minister’s award for outstanding contribution for promotion and development of yoga.
• Veteran director Martin Scorsese will be conferred with the Lifetime Achievement Award at the Rome Film Fest.

SPORTS

• Indian swimmer Sandeep Sejwal has clinched the gold medal in men’s 50 meter breaststroke event at the Singapore National Swimming Championships in Singapore.
• US golfer Brooks Koepka won the 118th edition of the US Open golf championship at the Shinnecock Hills course in New York.
• Mexico captain Raia Marquez has become only the third player to play at five World Cups after he came on as a substitute during the game against world champions Germany.
• Anil Kumar has clinched the gold in the 10m Air Rifle event at the 18th KSS Memorial Shooting Championship 2018 in the Dr Karni Singh Shooting Range in Delhi.

IMPORTANT DAYS

• Jun 23 - International Widows’ Day  
• Jun 21 - World Music Day     
• Jun 21 - International Yoga Day
• Jun 20 - World Refugee Day
• Jun 18 - World Sustainable Gastronomy Day
• Jun 17 - World Day to Combat Desertification and Drought

OBITUARY

• Founder of South Korea’s spy agency - Kim Jong-pil
• Well-known poetess, environmental activist and travel writer - B Sujatha Devi                          
• Veteran journalist and litterateur      - Prabhakar Choubey           
• Urdu satirist and humourist - Mushtaq Ahmed Yousufi                             
• Pulitzer prize-winning columnist and pundit - Charles Krauthammer        
• The gorilla who mastered in 1000 sign languages - Koko    
• Australian golfing great - Peter Thomson   
• Noted social activist - Jiten Chakraborty     
• Veteran journalist and author - Adiraju Venkateswara Rao           
• Veteran journalist and editor of Srinagar based Rising Kashmir newspaper -  Shujaat Bukhari  

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