Weekly Current Affairs One Liners (03 August - 09 September) 2018: Download Now

Weekly Current Affairs One Liners

Weekly Current Affairs One Liners (03 August - 09 September) 2018: Download Now

The One Liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (03 August - 09 September) 2018: Download Now


BANKING & ECONOMY
  • The Union Finance Ministry doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application in Debt Recovery Tribunals (DRT) by banks and financial institutions.
  • Singapore-based global investment firm Temasek signed agreement to invest up to Rs 2,750 crore ($400 million) in National Investment and Infrastructure Fund’s (NIIF) Master Fund.
  • The Reserve Bank of India (RBI) has introduced Internal Ombudsman (IO) scheme 2018 to tighten internal grievance redressal system at Scheduled Commercial Banks (SCBs).
    • RBI has given statutory powers to Internal Ombudsman (IO) under section 35 A of the Banking Regulation Act, 1949.
  • Union Cabinet decided to indefinitely extended Atal Pension Scheme, which had lapsed in Aug 2018.
  • The Ministry of Micro, Small & Medium Enterprises (MSME) approved a proposal by the Khadi and Village Industries Commission (KVIC) to increase the wages of artisans by over 36%, from Rs 5.50 per hank previously to Rs 7.50 per hank.
    • The proposal for an increase in wages to khadi spinners along with payment of government subsidy
      • Modified Market Development Assistance (MMDA) — has been approved with effect from Aug 15, 2018.
  • According to the data reported by Reserve Bank of India (RBI), Mauritius was top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore.

NATIONAL NEWS
  • The 6th International Geriatric Orthopaedic Society of India Conference 2018 has been inaugurated by Union Home Minister Rajnath Singh at the All India Institute of Medical Sciences (AIIMS) in New Delhi with the theme 'Increased Longevity with Reduced Fragility and Enhanced Mobility'.
  • Commerce and Industry Minister Suresh Prabhu has launched Coffee Connect India coffee field force app & Coffee KrishiTharanga an IVR-based digital mobile extension service for coffee sector which would help farmers increase production and improve quality.
  • The Mahatma Gandhi International Sanitation Convention (MGISC-2018), organized by the Union Ministry of Drinking Water and Sanitation, will be held in New Delhi from Sept 29 to mark the beginning of the 150th birth anniversary celebrations of Mahatma Gandhi.
  • Indian movie ‘Gold’ has created history by becoming the first Bollywood film ever to release in Saudi Arabia.
    • Reema Kagti is the Director of movie ‘Gold’. It is a fictional re-telling of India’s iconic win at the 1948 London Olympics.
  • Union Ministry of Commerce & Industry launched National Mission on Govt eMarketplace (GeM) for increasing awareness and accelerating use of GeM by major central Ministries, State Govts and their agencies.
  • The International Aviation Summit 2018 held in New Delhi, which was jointly organized by the Ministry of Civil Aviation (MoCA), the Airports Authority India (AAI) and International Air Transport Association (IATA).
  • Union Ministry of Water Resources, River Development & Ganga Rejuvenation prepared draft Bill which proposes setting up armed Ganga Protection Corps (GPC) to arrest any person who has committed offence of polluting River Ganga punishable under this law.
  • The draft Bill proposes imprisonment for 2 years or fine of Rs 2 lakh or both for commercial fishing or aqua culture activities in Ganga and any of its tributaries.
    • Union Ministry of Environment, Forests and Climate Change (MoEFCC) will convene special meeting of Genetic Engineering Appraisal Committee (GEAC) to decide on field-trial approvals for transgenic mustard DMH-11 developed by University of Delhi’s Centre for Genetic Manipulation of Crop Plants (CGMCP).
  • Union Ministry of Human Resource Development (HRD) has officially decided to participate in Programme for International Student Assessment (PISA) after gap of nine years.
  • The Union Cabinet chaired by Prime Minister Narendra Modi approved establishment and operationalization of permanent campus of seven new Indian Institutes of Management (IIMs).
  • The National Nutrition Month (Rashtriya Poshan Maah) is being celebrated across the country in Sept 2018 to mark fight against malnutrition.
  • Union Ministry of Health and Family Welfare  released draft Charter  of Patients’ Rights  prepared by National Human Rights Commission (NHRC).
  • Union Health Ministry released draft rules on sale of drugs by e-pharmacies to regulate online sale of medicines across India.
  • Union Govt has received Rs. 3,000 crore of additional tax from MNCs that have entered into advance pricing agreements (APAs) with it over last five years and also has eliminated big source of tax litigation.
  • NITI Aayog constituted group of experts has submitted report titled 'Inventory and Revival of Springs in the Himalayas for Water Security.'
  • India along with 23 other nations will be participating in major Indian ocean-wide tsunami mock exercise known as IOWave18.
  • National Institution for Transforming India (NITI) Aayog flagged off cycle rally MOVE Cyclathon to spread message of clean mobility to the Indian public and promote cleaner, accessible modes of transport.
  • The Union Home Ministry announced that Census 2021 for the first time in independent India will collect data on Other Backwards Castes (OBCs).

STATE NEWS
  • State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in country.
  • The Rajasthan govt has decided to provide free mobile phones to women of Below Poverty Line (BPL) families under the Bhamashah Yojana to boost Prime Minister Narendra Modi’s flagship ‘Digital India’ campaign.
  • Ministry of Tourism Ministry sanctions Rs. 80.37 crore for developing cruise tourism in Kerala
  • Union Ministry of Home Affairs has cleared proposal of Jharkhand Govt to rename Nagar Untari town and railway station as Banshidhar Nagar, after Banshidhar Temple, which is dedicated to Krishna in Garhwa district of state.
  • Union Territory of Puducherry bagged top position in National Clean School Award after seven schools from Puducherry were awarded for cleanliness.
  • The Rajasthan govt has decided to organise special employment camps in all district headquarters of the state to give government jobs to at least one person from the family of those who were martyred after 1947 but none of their kin was given a job.
  • The Union Ministry of Women and Child Development had inaugurated widows’ home ‘Krishna Kutir’ at Vrindavan in Mathura, Uttar Pradesh.
  • The Madhya Pradesh govt has organized an interactive programme 'Mil -Banche' in govt schools of state.

INTERNATIONAL NEWS
  • Turkey hosted the 87th Izmir International tradeshow 2018 in Izmir from Sept 7th to 11th, in which India is the Partner Country.
  • International Women Entrepreneurs Summit 2018, inaugurated by Vice President of Nepal Nanda Bahadur Pun held in Kathmandu, capital of Nepal from Sept 3 to 5, 2018 with the theme 'Equality begins with Economic Empowerment'.
  • The third ASEM (Asia-Europe Meeting) Conference on 'Global Ageing and Human Rights of Older Persons', organised by South Korea and National Human Rights Commission of Korea, held in Seoul, capital of South Korea.
  • The 2018 edition of Maralal International Camel Derby event held at Maralal town in Kenya.
  • The fourth International Ayurveda Congress (IAvC) was held in Leiden, Netherlands from Sept 1 to 2, 2018.
  • The  6th  East  Asia  Summit-Economic  Ministers’  Meeting  (EAS-EMM)  and  15th  India-ASEAN  Economic Ministers’ Meeting (AEM) was held in Singapore.
  • Asia Index Pvt Ltd has launched S&P BSE Private Banks Index to measure the performance of private banks.
  • China pledged $60 billion of financial assistance to Africa bolster industry, counter hunger, and enhance security in the continent.
  • The 4th BIMSTEC Summit concluded in Kathmandu with signing and adoption of Kathmandu Declaration by all the seven members (India, Nepal, Bangladesh, Bhutan, Sri Lanka, Myanmar and Thailand).
  • China’s flagship infrastructure project in Maldives, China-Maldives Friendship Bridge was opened for traffic.

SCIENCE & DEFENCE
  • Defence & Homeland Security Expo and Conference – 2018 held in New Delhi to enable nation become self-reliant in Home Land Security (HLS) & defence sector.
  • India and United States are going to conduct their annual combat exercise “Yudh Abhyas” at Chaubatia in Uttarakhand from Sept 16 to 29, 2018.
  • The Delta Force has celebrated its 25th Raising Day on Sept 06 in the memory of those who sacrificed their lives in the line of duty.
  • According to the recent report, Pakistan could become world’s 5th largest nuclear weapons state after Russia, United States, France and China in terms of possession of total nuclear warheads.
  • Cyient Solutions & Systems Pvt. Ltd bagged order from Indian Army to supply SpyLite mini UAV (unmanned aerial vehicle) systems for high altitude aerial surveillance.
  • The first round of the 'two-plus-two dialogue' between India and the US held in New Delhi on Sept 6.
  • State-run Bharat Electronics Ltd (BEL) bagged order worth Rs. 9,200 crore for supply of seven Long Range Surface-to-Air Missile (LRSAM) systems to Indian Navy.
  • The major Indian ocean-wide tsunami mock exercise (drill) 'IOWave18' started from Sept 4, which is being organized by the Intergovernmental Oceanographic Commission (IOC) of UNESCO.
  • Indian Air Force (IAF) has successfully carried out first ever midair refuelling of indigenously developed light combat aircraft (LCA) Tejas.
  • Researchers from University of Melbourne, Australian have found that superbug resistant to all known antibiotics and can cause severe infections or even death is spreading undetected through hospital wards across the world.
  • India, Kazakhstan joint army exercise, KAZIND will be conducted between Indian and Kazakhstan Army in Otar region, Kazakhstan.
  • Ukraine launched annual joint military exercise named Rapid Trident with United States and other NATO (North Atlantic Treaty Organization) member countries.
  • At the 4th edition of Google for India event, Google has launched Project Navlekha to help Indian vernacular news publishers to take their content online.
  • The Indian Space Research Organization (ISRO) has decided to launch 'Gaganyaan — India’s first human spaceflight programme' by 2022.

APPROVALS & MOUS
  • India and France signed agreement to collaborate for ISRO’s first human space mission Gaganyaan to be launched in 2022.
  • India and France signed implementation agreement on Mobilise Your City (MYC) to support three pilot cities – Nagpur, Kochi and Ahmedabad for reduction of greenhouse gas (GHG) emissions related to urban transport.
  • India and Czech Republic have signed five agreements on defence, scientific and industrial research, laser technology, agriculture and diplomatic visa waiver.
  • India and Bulgaria signed four MoUs in fields of Civil Nuclear cooperation, investment, Tourism and establishment of Hindi chair at Sofia University.
  • India and Cyprus signed two agreements on combating money laundering and cooperation in the field of environment in the presence of President Ram Nath Kovind and his Cypriot counterpart Nicos Anastasiades in Nicosia.
  • American security and aerospace giant Lockheed Martin entered into an agreement with Tata Advanced Systems Limited (TASL) to manufacture wings of its F-16 fighter jets in India.
  • Search engine giant Google launched Dataset Search, a new search engine for scientific community that will help them make sense of millions of datasets present online.
  • Japanese researchers from Shizuoka University will conduct world’s first experiment to test small prototype of space elevator in space by using two mini satellites.
  • The United Arab Emirates (UAE) has announced to launch Mars Mission 'HOPE', which is expected to be launched by 2020.
  • The US researchers have developed a wearable device that could generate energy from the swing of an arm while walking or jogging.
  • According to recent study published in Lancet Global Health journal, at least 34% of India’s population is insufficiently active.
  • Union Home Minister Rajnath Singh inaugurated 3-day Defence & Homeland Security Expo and Conference – 2018 in New Delhi.
  • India, Sri Lanka joint naval exercise SLINEX-2018 held at Trincomalee, Sri Lanka.
  • The Internet Society and Internet Service Providers Association of India (ISPAI) have signed MoU to make Internet safe and secure in India by securing routers which is vital for healthy internet infrastructure.
  • Indian Railways has signed an MoU with GAIL India Ltd for use of environment-friendly fuel ‘Natural Gas’ in Railway workshops and production units in New Delhi.
  • The Govt of India (GoI) and the World Bank signed a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program.
  • ITI Limited has signed agreements with leading startups and original equipment manufacturers (OEMs) covering manufacturing of wide range of ICT-IOT (Information and communications technology- Internet of Things) based solutions.
  • The merger of Idea Cellular and Vodafone India has been completed after it was cleared by National Company Law Tribunal (NCLT).

APPOINTMENTS
  • 46th Chief Justice of India - Justice Ranjan Gogoi
  • Honorary Ambassador of the Lal Bahadur Shastri Memorial Foundation - Akshay Kumar
  • Brand Ambassador of Bharat Sanchar Nigam Ltd - Mary Kom
  • World Health Organization (WHO) Regional Director for South-East Asia  - Dr. Poonam Khetrapal Singh
  • 13th President of Pakistan  - Dr Arif Alvi
  • First Woman Chief Justice of Balochistan High Court  - Justice Tahira Safdar
  • Secretary of the Ministry of Steel  - Binoy Kumar

BOOKS & AUTHORS
  • The book 'The Rule Breakers' has been authored by Preeti Shenoy i.e. expected to release.
  • The book 'Moving On, Moving Forward: A year in Office', authored by Vice President M. Venkaiah Naidu, has been released by Prime Minister Narendra Modi.

AWARDS
  • Noted Odia poet Satrughna Pandav will be honoured with the prestigious 39th edition of the 'Sarala Puraskar' award 2018 for his poetry collection 'Misra Dhrupad'.
  • Dr. Bibek Debroy, an Indian economist, indologist and author, has been conferred ‘Honoris Causa’ by the University of Engineering & Management (UEM) in Kolkata, West Bengal.
  • Aurora Prize Laureate Kyaw Hla Aung, a noted lawyer and activist from Myanmar, has announced to donate his $1 million award money towards humanitarian relief work among Rohingya refugees.
  • Two Indians, Dr. Bharat Vatwani and Sonam Wangchuk received the prestigious Ramon Magsaysay Award for 2018.
  • Ulka Mahajan, who is one of the three founders of Sarvahara Jan Andolan (SJA), has been conferred Praful Bidwai Memorial Award for 2018.

SPORTS
  • India Blue has won 2017-18 Duleep Trophy by defeating defending champion India Red by an innings and 187 runs in the final match played at NPR College ground in Dindigul, Tamil Nadu.
  • Indian Kho Kho team for the first time participated at the First International Kho Kho Championship in England with financial support from the Govt of India (GoI).
  • Indian Shooter Om Prakash Mitharwal clinched his first gold in the 50m pistol event at the 2018
  • International Shooting Sport Federation (ISSF) World Championships in Changwon, South Korea.
  • India will host its first-ever official FIBA 3×3 World Tour Masters 2018 in Hyderabad, which is scheduled to be held from Sept 22.
  • Anjum Moudgil and Apurvi Chandela has become the first set of Indian shooters to secure quota places for the 2020 Tokyo Olympics.
  • The Indian women hockey captain, Rani Rampal was India’s flag-bearer at the closing ceremony of the 18th Asian Games 2018.
  • Olympic Council of Asia (OCA) has chosen Japanese woman swimmer Rikako Ikee as winner of Most Valuable Player (MVP) Trophy Award in 2018 Jakarta and Palembang Asian Games.

IMPORTANT DAYS
  • Sept 08: International Literacy Day
  • Sept 05: International Day of Charity           
  • Sept 02: World Coconut Day

OBITUARY
  • Renowned Author and Journalist: Bhagwatikumar Sharma
  • Veteran Hollywood actor: Burt Reynolds     
  • Renowned Digambar Jain Muni: Tarun Sagar ji
  • Former Maharashtra football player: Arthur Pereira



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