Current Affairs May 2018!! “Get Unlimited Mock Test for 1 Year at Rs. 599 Only” For Daily Updates Follow Our Telegram Channel and Group: https://t.me/govjobadda https://t.me/bank_ssc_preparation Appointments In May 2018!!

1. Major Gen AnnakuttyBabu assumed the charge of Additional Director General, Military Nursing Service (MNS) in New Delhi.

2. Mr Sitanshu Ranjan Kar (a 1983 batch officer of Indian Information Service) took over as the 27th Principal Spokesperson of the Government of and Director General of Press Information Bureau in New Delhi.

3. Former IAS officer Subhash Chandra Khuntia is the new chairman of the Insurance Regulatory and Development Authority of India (IRDAI).

4. Cricket Australia appointed former Test opener Justin Langer as the new coach of the national cricket team.

5. ICICI Bank has appointed Radhakrishnan Nair as an additional (independent) director of the bank for five years.

6. GroupM has appointed Sameer Singh as the chief executive officer of its South Asia operations.

7. was sworn in as the acting of Manipur.

8. Justice Ajay Kumar Mittal has been appointed as the acting chief justice of the Punjab and Haryana High Court.

9. Vladimir V. Putin took the oath of office for a fourth term as Russia‟s president, renewing another six-year term in office.

10. Armenia's parliament has elected opposition leader Nikol Pashinyan as the new prime minister.

11. Panasonic India has appointed Manish Misra as its chief innovation officer.

12. Google had appointed Nitin Bawankule as the country head for its cloud business in India.

13. Mahathir Mohamad was sworn in as Malaysia‟s seventh prime minister. Mahathir (92) is the oldest elected leader in the world.

14. Munu Mahawar (IFS: 1996), presently Joint Secretary at Headquarters, has been appointed as the next Ambassador of India to the Sultanate of Oman.

15. Journalist Carlos Alvarado was sworn as Costa Rica's president. He is the 48th president and the youngest in modern Costa Rican history.

16. The Modi government gave a one-year extension to Cabinet Secretary Pradeep Kumar Sinha, till June 2019. He will now be in the post till the next Lok Sabha elections.

17. Pawan Kumar Agarwal was given three months extension as Chief Executive Officer (CEO) of the Food Safety and Standards Authority of India (FSSAI).

18. The Sikkim government has nominated Bollywood singer Mohit Chauhan as the Green Ambassador of the state.

19. Gujarat Governor Om Prakash Kohli was given the additional charge of as the incumbent Governor, is on leave.

20. The President of India has appointed Shri Uttam Pacharne, as regular Chairman of Lalit Kala Akademi. Pacharne is an eminent artist and sculptor.

21. Anil Kumar Jha appointed as full-time Chairman and Managing Director (CMD) of Coal India Limited (CIL).

22. Justice Ramalingam Sudhakar was sworn-in as the chief justice of the high court of Manipur.

23. Amit Khare has been appointed as Secretary Information & Broadcasting, Government of India.

24. S. D. Moorthy (YOA: 2006), presently Deputy Secretary at Headquarters, has been appointed as the next Ambassador of India to the Republic of South Sudan.

25. Former Supreme Court judge C K Prasad has been appointed as the chairman of the Press Council of India (PCI) for a second term.

26. The JD(S)-Congress coalition government head HD Kumaraswamy was sworn-in as the 24th Chief Minister of Karnataka along with his deputy G Parameshwara.

27. Mahender Singh Kanyal, presently Director at Headquarters, has been appointed as the next Ambassador of India to the Republic of Suriname.

28. Pradeep Kumar Gupta, presently Ambassador of lndia to Republic of Mali, has been concurrently accredited as the Ambassador of lndia to the lslamic Republic of Mauritania with residence in Bamako (Mali).

29. Senior bureaucrat Sushil Chandra got yet another year‟s extension as the Chairman of Central Board of Direct Taxes till May 31, 2019.

30. President Ram Nath Kovind has appointed Kummanam Rajasekharan as Governor of Mizoram and Prof as Governor of Odisha.

31. Defence secretary Sanjay Mitra has been given additional charge of the DRDO for three months.

32. Former Supreme Court judge Justice R K Agrawal has been appointed the President of the National Consumer Disputes Redressal Commission (NCDRC).

33. Senior diplomat Pankaj Saran has been appointed as Deputy National Security Advisor. Saran is currently India‟s Ambassador to Russia.

34. Private sector lender ICICI Bank has appointed M D Mallya, former Bank of Baroda boss as an additional independent director of the bank.

35. NSDL executive Sudha Balakrishnan has been appointed the first-ever chief financial officer (CFO) of the Reserve Bank of India (RBI).

36. Airtel Payments Bank appointed Anubrata Biswas as its Managing Director and Chief Executive Officer.

37. The New York Stock Exchange (NYSE) has named Stacey Cunningham its first female chief in the history of the 226-year-old exchange.

38. State-run power equipment maker BHEL said Pravin L Agrawal has been appointed as part- time official director on its board.

39. IDBI Bank‟s board has approved the appointment of Samaresh Parida and N Jambunathan as Additional Directors.

40. HUL Non-Executive Chairman Harish Manwani has been appointed as an Independent Director of Tata Sons.

41. The U.S India Business Council named Ambika Sharma as its head for India.

42. Online pharmacy Netmeds has appointed cricketer Mahendra Singh Dhoni as its brand ambassador.

43. Alicia Pucheta to be the first woman interim president of Paraguay.

44. Pakistan names former chief justice Nasir-ul-Mulk as interim PM.

45. Lebanon Prime Minister Saad Hariri has been reappointed for a third term in office.

46. The Caribbean island of Barbados has elected Mia Mottley as its first female Prime Minister since gaining independence from the UK in 1966.

47. Gobind Singh Deo, an Indian-origin Sikh politician in Malaysia, has become a cabinet minister.

48. Venezuela's President Nicolas Maduro was reelected for a second six-year term in presidential elections.

49. The US Senate confirmed Gina Haspel as the first female Central Intelligence Agency (CIA) director.

50. Susheela Jayapal has been elected as a member of the Board of Commissioners of Multnomah County in Oregon.

Banking, Finance and Economy Current Affairs - May 2018!!

1. India's economic growth will accelerate to 7.3% in the 2018-19 and 7.5% in the next fiscal year as per Credit rating agency Fitch. It has been projected in its second-quarter Sovereign Credit Overview for Asia Pacific region.

2. Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring.

3. State-owned gas utility GAIL India has borrowed Rs 2,000 crore loan from State Bank of India (SBI) to meet its general capital expenditure requirement.

4. Sebi recently came out with a detailed framework for risk-based Know Your Client (KYC) documentation of foreign portfolio investors (FPIs).

5. Asian Development Bank (ADB) President Takehiko Nakao said India‟s growth in 2018 would pick up to 7.3%.

6. The Reserve Bank of India (RBI) unexpectedly announced it would buy Rs. 10,000 crore ($1.50 billion) of government bonds via open market operation (OMO), after failing to sell all the debt it had offered to bidders earlier.

7. The Reserve Bank of India has asked banks authorised to deal in foreign exchange (Authorised Dealer-I Banks) to share data with the Directorate of Revenue Intelligence (DRI).

8. India tops the list of the fastest growing economies in the world for the coming decade and is projected to grow at 7.9% annually, ahead of China (4.9%) and the US (3%), France (3.5%) according to the Centre for International Development (CID) at Harvard University.

9. The Government of India signed a loan deal worth $ 200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan).

10. YES Bank is all set to roll out a capacity building project with farmers in Haryana and Rajasthan under its „Livelihood and Water Security‟ CSR initiative.

11. India's economic growth will accelerate to 7.3% in the 2018-19 and 7.5% in the next fiscal year as per Credit rating agency Fitch. It has been projected in its second-quarter Sovereign Credit Overview for Asia Pacific region.

12. Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring.

13. International rating company Moody‟s Investors Service has cut India‟s growth forecast to 7.3% for 2018 from 7.5% projected earlier on the back of higher oil prices.

14. Pune-based Rupee Co-operative Bank has been asked by the Reserve Bank of India (RBI) to continue giving its services with restrictions for three more months till August 2018 in view of its financial position.

15. Small Industries Development Bank of India (SIDBI) will provide financial support to village level entrepreneurs who operate the Common Service Centres (CSC) that act as access points for delivery of electronic services.

16. Leading digital financial services platform, MobiKwik announced the launch of Unified Payments Interface (UPI) on its platform via its own Virtual payment address (VPA) handle @ikwik.

17. HDFC Bank launched its Digital Loans against Mutual Funds (LAMF), in partnership with transfer agent CAMS.

18. The finance ministry has tied up with 40 entities including Flipkart, Swiggy, Patanjali and Amul, for extending loans to small entrepreneurs under the Mudra scheme.

19. India's Multi Commodity Exchange launched the country's first copper options contracts.

20. NITI Aayog vice-chairman Rajiv Kumar exuded confidence that Indian economy will achieve 9 percent growth rate on a sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC). The Indian economy grew by 6.6% in 2017-18 and expected to grow at 7.5% this fiscal.

21. The Reserve Bank of India (RBI) has modified norms for setting up International Financial Services Centres (IFSC) Banking Units (IBUs) by banks in IFSCs.

22. The Reserve Bank of India has imposed a penalty of Rs 5 crore on South Indian Bank for non- compliance to its asset classification and Know Your Customer (KYC) norms, among others.

23. Asia‟s oldest bourse BSE has become the first Indian exchange to be designated as a „Designated Offshore Securities Market‟ (DOSM) by the United States (US) Securities and Exchange Commission (SEC).

24. Paytm introduced automatic recurring payments, a new feature that lets users configure the payments app to pay for periodic recurring expenses automatically.

25. The Government of India and the World Bank signed a $500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project.

26. An Agreement for IBRD Credit of USD 21.7 Million from World Bank for the Strengthening of Public Financial Management in Rajasthan Project was signed in New Delhi.

27. Rating agency ICRA Ltd expects gross domestic product (GDP) growth in the fourth quarter of the fiscal 2017-18 at 7.4%.

28. India's economy is projected to grow 7.6% in the fiscal year 2018-19, remaining the fastest growing economy in the world, according to UN World Economic Situation and Prospects (WESP).

29. India's economic growth will accelerate to 7.3% in the 2018-19 and 7.5% in the next fiscal year as per Credit rating agency Fitch.

30. The International Monetary Fund (IMF) in its Asia and Pacific Regional Economic Outlook report reaffirmed that India will be the fastest-growing major economy in 2018, with a growth rate of 7.4% that rises to 7.8% in 2019.

31. The Government of India signed a loan deal worth $ 200 million with the World Bank for the National Nutrition Mission (POSHAN Abhiyaan).

32. Asian Development Bank (ADB) President Takehiko Nakao said India‟s growth in 2018 would pick up to 7.3%.

Government Schemes, Campaigns and Portals Launched In May 2018!!

1. Union Ministry of Railways has launched new user interface of its Next Generation e-Ticketing (NGeT) System on Indian Railway‟s Online Travel Portal www.irctc.co.in.

2. The Ministry of Environment, Forest and Climate Change and the Wildlife Trust of India (WTI) rolled out the „Gaj Yatra‟ from Tura, the principal town of Garo Hills of Meghalaya.

3. Gujarat Chief Minister Vijay Rupani released the „Reuse of Treated Waste Water Policy‟ at a high-level meeting at Gandhinagar, Gujarat.

4. A Web portal and an App namely PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), www.praapti.in has been launched by Hon‟ble Minister of State (I/C) for Power. PRAAPTI App and web portal has been developed to bring transparency in power purchase transactions between Generators and Discoms.

5. Actor Akshay Kumar has launched advertisement campaign for the Swachh Bharat Mission (Grameen) in Delhi.

6. Prime Minister of Netherlands Mark Rutte launched the „Clean Air India Initiative‟ in New Delhi. The campaign aims to curb air pollution in Indian cities by promoting partnerships between Indian start-ups and Dutch companies and build a network of entrepreneurs working on business solutions for cleaner air.

7. The Home Ministry has created a new division to address issues related to security of women comprehensively, amid rising concerns over women safety.

8. The Telangana government announced that it would provide life insurance cover of Rs 5 lakh each to all farmers in the state.

9. Union Minister of Electronics & IT and Law & Justice, Sh. Ravi Shankar Prasad inaugurated by cloud-enabled National Data Centre at Bhubaneswar, Odisha. It has set up by National Informatics Centre (NIC).

10. The UNICEF launched a „data visualisation app‟ which provides a user-friendly visual representation of complex analytics of the education scenario in India.

11. The Union Minister for Human Resource Development Prakash Javadekarlaunchedthe „SamagraShiksha‟ - an integrated Scheme for school education extending support to States from pre-school to senior secondary levels for the first time in New Delhi.

12. Rajasthan government has launched a new software, „Nidaan‟, for presumptive diagnosis and monitoring of seasonal and non-communicable diseases as well as the trends of ailments found in specific areas.

13. Election Commission of India (ECI) is launching multi-lingual mobile application called Model Code of Conduct Violation Reporting App, ahead of the 2019 Lok Sabha polls.

14. Chief Minister Shivraj Singh Chouhan launched 'My MP Rojgar Portal' in 'Ham Chhu Lenge Asman' Mukhyamantri Career Counselling programme „Pahal' in Model School of Bhopal.

15. The Minister of Commerce and Industry Shri Suresh Prabhu launched the Intellectual Property (IP) mascot – IP Nani – at the conference on National Intellectual Property Rights Policy in New Delhi. Mascot IP Nani is a tech-savvy grandmother who helps the government and enforcement agencies in combating IP crimes with the help of her grandson “Chhotu” aka Aditya. The IP mascot will spread awareness about the importance of Intellectual Property Rights (IPRs) among people, especially children, in an interesting manner.

16. Telangana Chief Minister Kalvakuntla Chandrashekar Rao announced setting up of a new Pay Revision Commission (PRC) for government employees. He also announced that Telangana Permanent Transfer policy will be brought into force. Employees working in remote areas will be given special allowance.

17. The government announced a national wind-solar hybrid policy, which seeks to promote new projects as well as hybridisation of the existing ones, with an aim to boost renewable power generation.

18. Telangana Chief Minister K Chandrasekhar Rao launched an investment support scheme for farmers 'Rythu Bandhu' (friend of farmers). It claimed to be the first such initiative in the country. Under the scheme 'Rythu Bandhu' (friend of farmers), Rs 8,000 per acre per year will be given to all farmers who own land.

19. Ministry of Electronics and Information technology (MeitY) has launched „Digital India Internship Scheme‟ portal, in an effort to enhance skills of the youngsters.

20. The Bhopal Smart City Development Corporation Ltd. (BSCDCL) launched India‟s first cloud- based Common Integrated Data Centre, Disaster Recovery Centre and Integrated Control and Command Centre (ICCC).

21. Manipur Chief Minister N. Biren Singh launched 'Go to Village' mission throughout the state from Konuma ground.

Obituaries in May 2018!!

1. Eminent scholar and Marxist economist Ashok Mitra passed away protracted illness. He was 90.

2. Former AIFF Secretary PP Lakshmanan passed away in Kannur after a prolonged illness. He was 83.

3. Ravinder Sharma, fondly called Guruji, the founder of Adilabad's Kala Ashram passed away. He was 65.

4. Dave Michener, the maestro behind making stories coming live on screen through animation for many Walt Disney films has passed away. He was 85.

5. Veteran Marathi singer Arun Date had passed away in Mumbai. He was 84.

6. Former Delhi cricketer Rajinder Pal, who had represented the country in one Test match, passed away. He was 80.

7. Australia‟s oldest scientist, David Goodall, has ended his own life at a clinic in Switzerland. He was 104.

8. Oscar-winning film editor Anne V. Coates passed away. She was 92.

9. Maharashtra cabinet's Agriculture Minister Pandurang Pundalik Fundkar after suffering a cardiac arrest. He was 67.

10. Former governor and Congress leader Urmila Singh died due to prolonged illness in Indore. She was 71.

11. Former Bihar minister and senior BJP leader Kameshwar Paswan died after prolonged illness. He was 77.

12. Veteran actor and producer Madala Ranga Rao, who was suffering from heart-related ailments, passed away at a private hospital in Hyderabad. He was 69.

13. Senior Congress legislator Siddu Bhimappa Nyamgoud from Karnataka's Bagalkot district died in a road accident. He was 71.

14. Eminent Gujarati writer and humourist Vinod Bhatt died at his residence following a prolonged illness. He was 80.

15. The famous pulp fiction writer Yaddanapudi Sulochana Rani passed away after suffering massive heart stroke at her daughter's residence in the US.

16. Acclaimed Lavani singer and Padma Shri recipient Yamunabai Waikar passed away after a brief illness. She was 103.

17. Alan Bean, the fourth person to walk on the moon and the last surviving member of the Apollo 12 mission, died in Houston. He was 86.

18. Margot Kidder, who found fame as Lois Lane in the 1978 film "Superman," passed away. She was 69.

19. Australia‟s oldest scientist, David Goodall, has ended his own life at a clinic in Switzerland. He was 104.

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