Weekly Current Affairs One Liners (23 July - 31 July) 2018: Download Now


Weekly Current Affairs One Liners

Weekly Current Affairs One Liners (23 July - 31 July) 2018: Download Now

The One Liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (23 July - 31 July) 2018: Download Now

BANKING & ECONOMY
  • India Post Payments Bank (IPPB) will go live with 650 branches in addition to 3,250 access points co-located at post offices in Aug, 2018 following final clearance from Reserve Bank of India (RBI) to start.
    • IPPB has its headquartered at New Delhi.
  • The Insurance Regulatory and Development Authority of India (IRDAI) constituted a 16-member committee, headed by IRDAI Member P.J. Joseph, to examine motor third party insurance pricing aspects and make recommendations on the premium rates for 2019-20.
  • The National Bank for Agriculture and Rural Development (NABARD) launched the South East Asia’s first-ever Centre for Climate Change (CCC) in Lucknow, Uttar Pradesh.
  • Banks and Financial Institutions (FIs) signed Inter-Creditor Agreement (ICA) to fasten the resolution of stressed assets of Rs. 50 crore or more which are under consortium lending.
    • It has been signed by 22 public sector banks, 19 private sector banks and 32 foreign banks and 12 major financial intermediaries like LIC, HUDCO etc.
  • The Union Govt reduced minimum yearly deposit required under popular girl child savings scheme,
  • Sukanya Samriddhi Yojana to Rs 250 from Rs 1,000 earlier.
  • The lower house of the Rajya Sabha, Lok Sabha passed Negotiable Instruments (Amendment) Bill, 2017 to reduce the number of cheque dishonour cases pending in courts.
  • South-based private sector lender, Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore.
NATIONAL NEWS
  • The Union Govt constituted High Level Empowered Committee headed by Cabinet Secretary to address issues of Stressed Thermal Power Projects.
  • Indian Railways launched Mission Satyanishtha on Ethics in Public Governance at a day-long event held at National Rail Museum, New Delhi.
  • The 2nd Young Superintendent of Police Conference has been inaugurated by Union Home Minister Rajnath Singh in New Delhi.
  • Ministry of Culture has received Rs. 904.80 Lakhs for conservation and maintenance work of historical monuments as contributions part of Corporate Social Responsibility (CSR) under National Culture Fund (NCF).
  • The Union Govt has extended the Prime Minister’s Research Fellows (PMRF) Scheme to all potential researchers from 2019 and not limited to candidates from IISc, IITs, NITs, IIEST and IISERs.
  • The Govt of India (GoI) approved a new scheme 'Mahila Shakti Kendra' to empower rural women through community participation.
  • The Union Food Ministry notified decision to allow sugar mills to manufacture ethanol directly from sugarcane juice or an intermediate product called B-molasses.
  • The Union Ministry of Health and Family Welfare launched National Viral Hepatitis Control Programme to control viral hepatitis C on the occasion of World Hepatitis Day (Jul 28).
  • NITI Aayog’s Atal Innovation Mission and MyGov has jointly launched ‘#InnovateIndia Platform’ to serve as common point for all innovation happening across the nation.
  • The Union Ministry of Women and Child Development (WCD) launched contest '#Childline1098' to spread awareness on human trafficking and to mark the 2018 World Day against Trafficking in Persons (Jul 30).
  • The Union Ministry of Women and Child Development (WCD) organized the second meeting of National Council on India’s Nutrition Challenges, chaired by NITI Aayog Vice Chairman Rajiv Kumar, under POSHAN Abhiyaan in New Dehli.
  • India has been ranked 6th in the global optimism index with business optimism tepid in second quarter of 2018.
    • Indonesia topped the index for Q2 of 2018 followed by Netherlands, Austria, Philippines and China.
  • India has been ranked 11th in 2018 Kearney FDI Confidence Index.
    • The United States takes the top spot for the sixth year in a row.
  • Union Govt created Group of Ministers (GoM) and high-level committee to deliberate and make recommendations for a separate penal provision on incidents of mob violence.
  • The 2nd Young Superintendent of Police Conference will be organized by Bureau of Police Research & Development (BPR&D) in New Delhi with the theme 'Predictive Policing and Contemporary Challenges for Indian Police Forces'.
  • Prime Minister Narendra Modi launched India-assisted emergency ambulance service in Jaffna, Northern Province, of Sri Lankan through video conferencing from New Delhi.
  • The first meeting of the India-Bangladesh Joint Committee on Border Haats has been held in Agartala, Tripura.
  • The National Council of Educational Research and Training (NCERT) will introduce the QR code (Quick Response code) in their textbooks.
  • The govt is planning to launch a new standard for automobile industry, which involves use of a technology in order to put an end to vehicle thefts.
STATE NEWS
  • The Assam govt, in a unique and first-ever in the country, decided to implement a Pranam Scheme to ensure that govt staff take care of their parents & physically challenged siblings.
  • Chhattisgarh govt has launched the ambitious scheme 'Sanchar Kranti Yojna' with an outlay of Rs 1,467.90 crore.
  • The museum for all former Prime Ministers of India is going to be constructed in the Teen Murti Bhavan complex that houses the Nehru Memorial Museum and Library (NMML) in New Delhi.
  • The state assembly of West Bengal, dominated by Mamata Banerjee-led Trinamool Congress Govt, unanimously passed the resolution to change state’s name to 'Bangla' in all three languages – Bengali, Hindi and English.
  • India’s first public sector hotel, 'Hostess' run entirely by women for women is going to come up in
  • Thiruvananthapuram, Kerala.
  • The 18th UNICEF International Children’s Film Festival 2018 has been inaugurated by West Bengal Governor K N Tripathi in Kolkata with the theme 'Value of Girls'.
  • 2018 National Traders Conclave has been organized by Confederation of All India Traders (CAIT) in New Delhi to address various grievances of the trading community and focus on effective solutions.
  • The 3rd edition of Kabira festival 2018 is going to be held in Varanasi on Nov 16 to celebrate the spirit of 15th-century mystic poet Kabir.
  • Bihar state assembly passed Bihar Prohibition and Excise (Amendment) Bill, 2018 with 16 amendments to dilute some of stringent provisions in Bihar Prohibition and Excise Act, 2016.
  • Odisha Govt launched 'Green Mahanadi Mission', a plantation drive under which 2 crore saplings will be planted along Mahanadi river and its tributaries.
  • Odisha Chief Minister Naveen Patnaik has set up a ministerial committee, headed by Finance Minister S B Behera, to prepare a draft policy for the development of Odia film industry.
  • The Andhra Pradesh Chief Minister N. Chandrababu Naidu launched 'e-Pragati core initiative' at Undavalli to provide integrated services to citizens.
  • The Assam govt decided to set up a separate directorate for the Divyangs.
  • Odisha Govt unveiled first-ever 'Tribal Atlas of Odisha', a compilation of demographic and cultural information of the tribal population in the state.
  • According to Public Affairs Index (PAI) 2018, Kerala tops the list as best-governed state in the country followed by Tamil Nadu and Telangana.
  • Indian Railways has inaugurated Regional Rail Training Institute (RRTI) at Ghazipur, Uttar Pradesh in order to strengthen expertise and capabilities of the employees of North-Eastern Railways.
  • Odisha  Special  Task  Force  (STF)  launched  drive  to  bust  an  international  syndicate  that  peddles ‘endangered’ pangolin, one of the world’s most illegally traded mammals.
  • The Union Ministry of Earth Sciences unveiled state-of-the-art Air Quality and Weather Forecast System– SAFAR (System of Air Quality and Weather Forecasting) at Chandni Chowk in Delhi.
INTERNATIONAL NEWS
  • A Japanese super centenarian, Kane Tanaka at the age of 115 has become the world’s oldest verified living person following the death of Chiyo Miyako.
  • The 2018 Global Disability Summit has been held at the Queen Elizabeth Olympic Park in London, England.
    • The summit was co-hosted by the UK govt with the International Disability Alliance (IDA) and the Govt of Kenya to galvanize global efforts to address disability inclusion around the world.
  • World Meteorological Organization (WMO) designated India as nodal centre for developing customized model to issue advance warning of floods to Asian countries, including Vietnam, Sri Lanka, Myanmar and Thailand.
  • Internet search engine giant Google has unveiled two new Artificial Intelligence (AI) chips at its Cloud Next 2018 conference held in San Francisco.
  • Researchers working in joint US-West African study have discovered new strain of Ebola virus in bats in northern Bombali region of Sierra Leone.
  • The 10th edition of BRICS Summit 2018 has been held in Johannesburg, South Africa with the theme 'BRICS in Africa – collaboration for inclusive growth and shared prosperity in the 4th industrial revolution'.
  • Typhoon Ampil hit Chinese financial hub Shanghai that brought heavy rainfall and disrupted transport and shipping on Jul 22.
  • Facebook is planning to launch a new satellite project, named Athena that will provide broadband internet connections to rural and underserved areas.
  • The United States designated India as Strategic Trade Authorization-1 (STA-1) country that will allow the country to buy highly advanced and cutting-edge sensitive technologies from America.
SCIENCE & DEFENCE
  • Indian Army awarded Rs. 100-crore contract for 81 high mobility 10×10 vehicles to India’s leading vehicle manufacturer Ashok Leyland.
  • India is planning to procure an advanced air defence system, National Advanced Surface-to-Air Missile System-II (NASAMS-II) from United States at $1 billion to defend National Capital Region (NCR) from aerial attacks.
  • Two types of indigenously built high-power multi-fuel engines V-46-6 and V92S2 have been handed over to Indian Army for the first time under Make in India.
  • Blood Moon 2018 or century’s (2001 AD to 2100 AD) longest total lunar eclipse of 1 hour 43 minutes has been occurred on Jul 27-28, 2018.
  • Indian Air Force (IAF) for the first time is going to participate in multinational air exercise Pitch Black – 18 (PB-18) in Australia hosted by Royal Australian Air Force (RAAF).
  • Indian Institute of Technology (IIT) Kanpur develope an online tool, TreadWill to help people cope with issues related to mental health.
  • The Union Ministry of Earth Sciences unveiled blueprint of Deep Ocean Mission (DOM).
    • The Deep Ocean Mission proposes to explore deep-ocean by emulating success of Indian Space Research Organisation (ISRO) in designing and launching satellites.
  • The Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman, has approved proposal for acquisition of 8 Fast Patrol Vessels (FPVs) for Indian Coast Guard at an approximate cost of Rs 800 crore.
  • The Defence Acquisition Council (DAC) approved implementation of Strategic Partnership guidelines.
APPROVALS & MOUS
  • India's official agency dedicated to investment promotion and facilitation, Invest India has signed Memorandum of Understanding (MoU) with Business France to promote investment facilitation and cooperation between startups of India and France.
  • Parliament passed Fugitive Economic Offenders Bill, 2018 to curb practice of evading criminal prosecution by economic offenders fleeing from country to evade clutches Indian law by remaining outside jurisdiction of Indian courts.
  • The sub-committee of Drugs Technical Advisory Board (DTAB) recommended prohibition of 343 fixed drug combinations (FDCs) after reviewing 349 and called for regulation and restriction of remaining six.
  • The Lok Sabha passed the Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, 2018.
  • According to recent study on fishes, it was found that the fishes are losing their sense of smell as rising carbon emissions is turning water they live more acidic.
  • India and Rwanda signed eight agreements in the fields of defence, trade, agriculture, leather and allied products and dairy.
  • India and Uganda signed four MoUs in the areas of defence cooperation, visa exemption for official and diplomatic passport holders, cultural exchange programme and material testing laboratory.
  • The Parliament passed Prevention of Corruption (Amendment) Bill 2018 to enhance transparency and accountability of the government and make anti-graft provisions under the law stringent.
  • NITI Aayog signed Statement of Intent (SoI) with Lupin Foundation to collaborate in Aspirational Districts Programme to create templates for concerted development policy.
  • India’s largest online retailer Flipkart has forged an alliance with video streaming service Hotstar and launched a video advertisement platform on Friday—part of a broader strategy to generate more revenue from the booming video advertising business.
  • The board of ONGC has approved exiting helicopter service provider Pawan Hans by selling its entire 49 per cent stake as it looks to cut debt and consolidate resources in core oil and gas business.
  • The lower house of the Parliament, Lok Sabha passed Homoeopathy Central Council (Amendment) Bill, 2018 by voice vote to replace Ordinance promulgated by President in May 2018.
  • The lower house of the Parliament, Lok Sabha passed Criminal Law (Amendment) Bill, 2018 to provide death penalty to those convicted of raping girls below the age of 12 years.
APPOINTMENTS
  • Chief Justice of the Balochistan High Court: Justice Tahira Safdar
BOOKS
  • Book 'Gandhi: The Years That Changed The World (1914-1948)', authored by Ramachandra Guha, the renowned historian and author is about to launch.
  • The book 'When Coal Turned Gold: The Making of a Maharatna Company' has been authored by the former chairman of Coal India Ltd (CIL), Partha Sarathi Bhattacharyya.
  • The book 'The Dhoni Touch: Unravelling the Enigma That Is Mahendra Singh Dhoni', authored by Bharat Sundaresan, has been launched.
AWARDS
  • Noted litterateur Ramakanta Rath conferred with the Odisha's highest literary award 'Atibadi Jagannath Das Samman' for 2018 for his life time contribution to Odia literature.
  • Assamese film 'Xhoihobote Dhemalite' ('Rainbow Fields') bagged three top awards at the 3rd Love International Film Festival in Los Angeles.
  • Bollywood actress Sharmila Tagore conferred with D Litt (Honoris Causa) by West Bengal Governor Keshari Nath Tripathi at a special convocation of Kazi Nazrul University (KNU) held at the Raj Bhawan.
  • A Kalaburagi-based artist, Mohammed Ayazuddin Patel has bagged the Senior Fellowship Award for 2016-17 instituted by the Centre for Cultural Resources and Training Centre, an autonomous organisation under the Union Ministry of Culture.
  • Two Indians Bharat Vatwani and Sonam Wangchuk among six have been declared winners of 2018 Ramon Magsaysay Award.
    • Bharat Vatwani is a psychiatrist who works for mentally-ill people living on the streets in Mumbai.
IMPORTANT DAYS
  • Jul 30: World Day against Trafficking in Persons ‘Responding to the trafficking of children and young people’
  • Jul 28: World Hepatitis Day 'Test. Treat. Hepatitis'
  • Jul 26: Kargil Vijay Diwas      
OBITUARY
  • Indian Union Muslim League (IUML) leader and former Kerala Minister: Cherkallam Abdullah      Veteran sports journalist: Swapan Sarkar    
  • Former & 1st finance minister of: Ramchandra Singhdeo Chhattisgarh              
  • Los Angeles Times and Pulitzer Prize- winning restaurant: Jonathan Gold

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