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Current Affairs May 2018 PDF Capsule Current Affairs Study PDF Current Affairs May 2018 PDF Capsule CCent Affairs for Competitive Exam 1 | Page Follow Us - FB.com/AffairsCloudOfficialPage Copyright 2018 @ AffairsCloud.Com Current Affairs Study PDF Current Affairs for Competitive Exam Contents INDIAN AFFAIRS ............................................................................................................................................ 3 Cabinet Approvals ......................................................................................................................................... 3 Schemes ......................................................................................................................................................... 9 Launches & Inaugurations ........................................................................................................................... 12 Festivals ....................................................................................................................................................... 23 Festivals ....................................................................................................................................................... 33 Other News Related to Indian Affairs ......................................................................................................... 33 INTERNATIONAL AFFAIRS ........................................................................................................................ 64 VISITS ............................................................................................................. 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Indian Visits ................................................................................................................................................. 72 Foreign Visits ............................................................................................................................................... 74 BANKING AND FINANCE ........................................................................................................................... 78 RBI in News ................................................................................................................................................. 78 Technology in Banking ................................................................................................................................ 80 Other Bank & Finance Related News .......................................................................................................... 81 MOUS & AGREEMENTS IN NEWS ............................................................................................................ 88 COMMITTEES AND MEETINGS ................................................................................................................. 93 SUMMITS & CONFERENCE ........................................................................................................................ 95 INDEX ........................................................................................................................................................... 103 Rankings .................................................................................................................................................... 103 Reports ....................................................................................................................................................... 104 BUSINESS ..................................................................................................................................................... 107 AWARDS AND RECOGNITION ................................................................................................................ 117 APPOINTMENTS AND RESIGNATION.................................................................................................... 133 ACQUISITIONS & MERGERS ................................................................................................................... 147 SCIENCE & TECHNOLOGY ...................................................................................................................... 149 DEFENCE...................................................................................................................................................... 161 ENVIRONMENT .......................................................................................................................................... 167 SPORTS ......................................................................................................................................................... 170 OBITUARY ................................................................................................................................................... 181 BOOKS AND AUTHORS ................................................................................................................................ 186 IMPORTANT DAYS .................................................................................................................................... 187 STATIC INFORMATION FROM CURRENT AFFAIRS ........................................................................... 194 2 | Page Follow Us - FB.com/AffairsCloudOfficialPage Copyright 2018 @ AffairsCloud.Com Current Affairs Study PDF INDIAN AFFAIRS Cabinet Approvals Cabinet approves new terminal buildings at Guwahati, Chennai and Lucknow airports On 2nd May 2018, the Cabinet Committee on Economic Affairs (CCEA) approved upgradation and expansion of airport infrastructure at Lucknow, Chennai and Guwahati airports with a total cost of over Rs 5,000 crore. i. Union commerce and industry minister, Suresh Prabhu, said that, Chennai Airport’s new terminal building will have a capacity of 35 million passengers per year. It will be constructed at a cost of Rs 2467 crore.The new terminal building of Guwahati Airport will have a capacity of 9 million passengers per year. It will be built at a cost of Rs 1383 Crore. ii. The new terminal building of Lucknow Airport will have a capacity of 13.6 million passengers per year. It will be constructed at a cost of Rs 1232 Crore. On May 2, 2018, Union Cabinet chaired by chaired by Prime Minister Narendra Modi approved following initiatives: Cabinet approves Doubling of Investment Limit for Senior Citizens under Pradhan Mantri Vaya Vandan Yojana (PMVVY). i.Union Cabinet has given its approval for doubling the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) from Rs 7.5 lakhs to Rs 15 lakhs. ii.This scheme was launched with an objective to provide social security during old age and protect Senior Citizens (persons aged 60 years and above) against a future fall in their interest income due to uncertain market conditions. Cabinet approves Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and the South African Institute of Chartered Accountants (SAICA) i.Mutual Recognition Agreement (MRA) between ICAI and SAICA envisages establishment of a mutual co-operation framework for the advancement of accounting knowledge, advancing the interests of their respective members and positively contributing to the development of the accounting profession in both the countries. ii. The agreement will facilitate recognition of Indian Accountancy Professionals with local Accountancy qualification in addition to existing ICAI qualification. Cabinet approves Restructuring of the Indian Bureau of Mines (IBM) Union Cabinet has approved the restructuring of the Indian Bureau of Mines (IBM) by upgradation, creation and abolition of certain Joint Secretary-level posts and above. i.The restructuring has been resorted to in order to increase the efficiency of IBM by adopting Information Technology and space technology. Cabinet approves Cadre review and formation of Group ‘A’ service of the technical cadre of Petroleum & Safety Organization (PESO) The new service has been named Indian Petroleum & Explosives Safety Service (IPESS). PESO is a subordinate office under Department of Industrial Policy & Promotion (DIPP), that is functioning as a nodal agency for regulating safety of substances such as explosives, compressed gases and petroleum since 1898. 3 | Page Follow Us - FB.com/AffairsCloudOfficialPage Copyright 2018 @ AffairsCloud.Com Current Affairs Study PDF AffairsCloud Recommends Oliveboard Mock Test SBI PO 2018: Take 30 Mocks. 1 Free SBI Clerk 2018: Take 30 Mocks. 1 Free Railways RRB ALP 2018: 1 Free Test Railways RRB GROUP D 2018: 1 Free Test NABARD 2018: Take a Free Test RBI Grade B 2018: Take 25 Mocks. 1 Free SSC CPO 2018: Take a Free Test Cabinet approves construction and operationalisation of 100 bedded General Hospital at Najafgarh, New Delhi The Project envisages setting up of the 100 bedded General Hospital at Rural Health Training Centre (RHTC), Najafgarh, New Delhi for the local population of 13.65 Lakh spread across 73 villages. The hospital will be constructed and operationalised at an estimated cost of Rs. 95 crore. Cabinet approves accession to the Protocol under WHO Framework Convention on tobacco control to eliminate illicit trade in tobacco products i.The protocol will be applicable to both - smoking and chewing or smokeless tobacco (SLT) forms - adopted under the World Health Organization Framework Convention on Tobacco Control (WHO FCTC). India is a party to WHO FCTC. ii.Parties to WHO FCTC are obliged to adopt supply chain control measures viz. licensing of manufacture
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