GENERAL AWARENESS STUDY NOTES FOR BANK EXAM
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BUSINESS & ECONOMY
Reserve Bank has initiated setting up According to Moody’s Investors a digital Public Credit Registry. services, the Indian economic growth India will participate in China's first rate will be 7.4 percent in 2018, while international import expo in it is likely to be 7.3 percent in 2019. Shanghai. National Securities Depository Ltd India announced that it would extend (NSDL) Payments Bank has a USD 310 million loan to Zimbabwe commenced operations as a to finance a rehabilitation project for payments bank. a thermal power plant that would India and Japan signed a USD 75 entail upgrading the station and billion bilateral currency swap extending its lifespan. agreement. Industrialist Mukesh Ambani is keen Confederation of Indian Industry (CII) on the e-governance space and has has partnered with WhatsApp to set up a subsidiary company in the educate and train small-medium Northwestern European nation business enterprises (SMEs) and Estonia to get a grip on the solutions. entrepreneurs. India and Zimbabwe have signed six Seychelles has launched the world’s agreements, including on mining, first Sovereign Blue Bond to support Information and communications sustainable marine and fisheries technology (ICT), visa waiver and projects. traditional medicine. The Union Cabinet has approved According to a report by research signing of a Memorandum of firm Canalys, India has overtaken the Understanding (MoU) between India US to become the second largest and Korea for strengthening smartphone market in the July- cooperation in the field of Tourism. September 2018 quarter.
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State Bank of India (SBI) and Hitachi billion to USD 392.078 billion in the Payment Services India has entered week to October 26 due to a fall in into an agreement to form a joint foreign currency assets, according to venture for establishing a card RBI data. acceptance and digital payment Banking and financial services major platform. HSBC and Reliance Industries Ltd The Kirloskar group has received have executed a first-of-its-kind licence from the Reserve Bank to blockchain trade finance transaction, launch a non-banking finance validating the commercial and company (NBFC), Kirloskar Capital. It operational viability of blockchain as will be headed by industry veteran an alternative to conventional Vimal Bhandari. exchanges for paper-based Prime Minister Narendra Modi documentation. launched a 59-minute approval The Odisha government approved six portal for loans of up to ₹1 crore to proposals to set up large Micro, Small and Medium manufacturing units in the state at an Enterprises (MSMEs). investment of Rs 25,845 crore. The country's foreign exchange reserves slumped by USD 1.444
INTERNATIONAL
Prime Minister Narendra Modi will US Attorney General Jeff Sessions has pay a two-day visit to Singapore resigned from his post. beginning November 14 to attend India has been elected as a member the East Asia Summit. of the International The Government approved signing of Telecommunications Union Council a pact with Italy for facilitating (ITU) for another 4-year term - from customised training programmes on 2019 to 2022. labour and employment. Thai businessman Chatchaval Jiaravanon agreed to buy Fortune
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magazine for USD 150 million in the World's largest airport terminal latest deal for titles from the former "under one roof" with a capacity to Time Inc family. serve 90 million passengers is Indian Food and Agro Buyer Seller officially opened in Istanbul, Turkey. Meet was held in Jeddah, Saudi The Union Cabinet has approved the Arabia. Agreement between India and WTO has set a panel to examine Morocco on Mutual Legal Assistance India-U.S. export case. in Criminal Matters. External Affairs Minister Sushma Armies of India and Japan began their Swaraj is on a four-day visit to Qatar first-ever joint military exercise and Kuwait. 'Dharma Guardian-2018' at a jungle 'Little India Gate' was inaugurated in warfare school in Mizoram's the Medan city of Northern Vairengte. Indonesia. It is the first-of-its-kind The BRICS nations have signed a structure in the country which declaration to accelerate creative recognises the contribution of Indian and sustainable cultural cooperation. community in the development of The declaration, signed, will see Medan city. Brazil, Russia, India, China and South Arunachal Pradesh Government and Africa cooperating in fashion, culture British Council have signed an MOU and animation. to build educational cooperation. Preparatory Meeting of the Prime Minister Narendra Modi “Shanghai Cooperation Organization dedicated a 182-metre statue of Joint Exercise on Urban Earthquake Sardar Vallabhbhai Patel, the tallest Search & Rescue- 2019 has been in the world, to the nation. started in New Delhi. India has been ranked 77th in World Bank’s Ease of Doing Business Index 2018.
NATIONAL
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Odisha Chief Minister Naveen Howitzers and the K-9 Vajra, into the Patnaik has announced that a Army. The third gun system inducted vigilance academy will be set up in is the ‘Composite Gun Towing Bhubaneswar. Vehicle’. Two day National Seminar on 49th International Film Festival of Entrepreneurship and Business India (IFFI) 2018 will be held in Goa. Development in Ayurveda was Ministry of Food Processing inaugurated at New Delhi. Industries issues guidelines for Delhi chief minister Arvind Kejriwal OPERATION GREENS. formally launched the volunteer's 5th edition of “Women of India mobile medical service by flagging off National Organic Festival 2018” was a mobile medical van at his held in New Delhi. residence. Andhra Pradesh has achieved the Delhi Chief Minister Arvind Kejriwal number one rank in the country with inaugurated the Signature Bridge an average growth of 10.5% during over the Yamuna in the national the last four years. capital Delhi. Sixth edition of the North East The Union cabinet approved setting Festival has been started in New up of Central Tribal University in Delhi. Andhra Pradesh. Governors' panel has submitted 21 Researchers at the Indian Institute of recommendations to President for Technology (IIT), Roorkee, have doubling farmers' income. developed fluorescent carbon Kerala Chief Minister Pinarayi Vijayan nanodots for simultaneous detection will launch Mahila Mall. and destruction of cancer cells. Gujarat Chief Minister Vijay Rupani Defence minister Nirmala has launched the Ghogha-Dahej Ro- Sitharaman inducted three major Pax ferry service. artillery gun systems, including the Railway Board Chairman, Ashwani M777 American Ultra-Light Lohani inaugurated the India's first
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engine-less semi-high speed train - 5th National Summit on Public "Train 18" made by the Integral Health Care was held at Kaziranga in Coach Factory (ICF) at the cost of 100 Assam. crore. Union Cabinet has approved Harsimrat Kaur Badal has renaming of Jharsuguda Airport, inaugurated Gujarat’s first Mega Odisha as “Veer Surendra Sai Airport, Food Park in Surat. Jharsuguda”. Vigilance Awareness Week is being Karthyayani Amma, 96, the oldest observed from 29th October to 3rd student to attend the November to achieve corruption free Aksharalaksham literacy society. examination conducted by the Kerala A night trial of India's indigenously State Literacy Mission Authority, has developed nuclear-capable Agni-1 scored 98 marks out of 100. ballistic missile was successfully Department of Biotechnology (DBT) conducted. The missile has a strike has signed a three-year, ₹11 crore range of 700 km. deal with The Energy and Research Jitendra Singh has laid the Institute to set up a centre to foundation stone of ‘Technology produce “advanced biofuels and bio- Facility Center’ at Jorhat, Assam. commodities.” Union Minister Nitin Gadkari and Shillong is set to host the third Kerala Chief Minister Pinarayi Vijayan edition of the India International laid the foundation for the country's Cherry Blossom Festival between largest dry dock at Cochin Shipyard. November 14 and 17.
APPOINTMENT
P. S. Rajeshwar took charge as the Controversial Uzbek businessman 12th Chief of Integrated Defence Gafur Rakhimov was elected Staff. president of the International Boxing Association (AIBA).
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Former IAS officer Ashok Kumar Michael D Higgins has been re- Gupta has been appointed as the elected President of Ireland. chairperson of the Competition Justice Naresh Harishchandra Patil Commission of India (CCI). was sworn in as the CJ of the Bombay Indian American businessman Harry High Court. Singh Sidhu has been elected as IPS officer Surjeet Singh Deswal took mayor of Anaheim, one of the largest over as the new Director General cities in the state of California. (DG) of border guarding force Indo- Former army captain Jair Bolsonaro Tibetan Border Police (ITBP). has been elected president of Brazil. Atul Kumar Goel assumed the charge Reserve Bank of India (RBI) had as the Managing Director and CEO of approved the re-appointment of UCO Bank. Aditya Puri as managing director of MC Mary Kom has been named as the bank for another two years. the brand ambassador of the AIBA Justice Ajjikuttira Somaiah Bopanna Women World Championships. was sworn in as Chief Justice of Gauhati High Court.
AWARD
The prestigious IPI India Award for university for her inspirational excellence in journalism has been achievements. given to Namrata Biji Ahuja of 'The Jawahar Lal Sarin, president of the Week' magazine this year. Alliance franaise de Delhi's governing Arunima Sinha, the Indian body, was presented with the mountaineer who became the Chevalier de la Lgion d'Honneur , world's first woman amputee to France's highest civilian honour. climb Mount Everest in 2013, has Restoration of an aristocratic house been awarded an honorary from a state of partial ruin in Ladakh doctorate by a prestigious UK has won a UNESCO Asia-Pacific award for conservation.
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Glasgow based University of Award in the US for making Strathclyde will honor mountaineer significant contributions to the areas Arunima Sinha with the honorary of literacy, education and healthcare title of 'Doctor of University'. in India. Nobel Prize Winner Malala Yousafzai Rahul Dravid has been honoured will be honoured with the Gleitsman with ICC Hall of Fame. Award by Harvard University for her Veteran actor Anupam Kher was work promoting girls' education. conferred a 'Distinguished Fellow' An Indian-American couple- Marie title at the Cambridge MIT Sloan and Vijay Goradia has been School of Management. honoured with the Roy M Hiffington
OBITUARY NEWS
India's oldest villupaattu artist Pioneering underwater coral reef Poongani has passed away recently. scientist Ruth Gates has died. She She was 84. was 56. Vice Admiral (retired) M P Avati, who Urdu writer Qazi Abdussattar has commanded a naval unit of East Fleet passed away recently. He was 85. (Eastern Fleet) in the Indo-Pakistani Veteran Marathi musician Yashwant War of 1971, passed away. He was Deo has passed away recently. He 91. was 91. Noted Marathi actor and theatre Louis Cha, a Hong Kong journalist and personality Lalan Sarang died. She best-selling Chinese martial arts was 79. novelist, has died. He was 94. Veteran sports journalist Roshan Lal Former Uttar Pradesh cabinet Sethi has passed away. He was 81. minister and senior leader of Former Delhi Chief Minister Madan National Lok Dal, Nawab Kokab Lal Khurana has passed away. He was Hameed passed away. He was 66. 82.
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Indian Institute of Management Lucknow (IIM-L) Director, Professor Ajit Prasad Died. He was 61.
SPORTS
India defeated Nepal by 1-0 in the Saurav Ghosal defended his Kolkata third-place playoff to win the bronze International Invitation Squash Meet medal in the 2018 SAFF U-15 title by defeating Egypt's Zahed Championship. Salem. Russia's Karen Khachanov clinched Diego Godin played on injured for the biggest win of his career with a 7- half an hour and then scored a 91st- 5, 6-4 upset of Novak Djokovic to minute winner as Atletico Madrid claim the Paris Masters title. twice came from behind to beat India's teenage shooting sensation Athletic Bilbao 3-2 in La Liga. Saurabh Chaudhary continued his India's highest ranked archer Atanu incredible run by claiming his fourth Das won the men's recurve title while individual gold medal in as many Asian Games silver medallist Rajat months with a top finish in the 10m Chauhan emerged on top in the air pistol junior men's event of the men's compound section in the first Asian Airgun Championship. invitational Indian Open Indoor Teen shooting sensations Manu Archery tournament that concluded Bhaker and Saurabh Chaudhary at the Netaji Indoor Stadium. shattered the junior world record on Kenyan Abraham Kiptum set a world their way to winning the 10m air record of 58 minutes and 18 seconds pistol mixed team gold medal in the in the men's race at the Valencia half- 11th Asian Airgun Championships. marathon in Spain. World champion Kento Momota won India's Akashdeep Singh was badminton's Fuzhou China Open. adjudged player of the tournament but the team had to share the Asian
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Champions Trophy with Pakistan India and Pakistan were declared as after the much-anticipated summit the joint winners of the Asian clash was abandoned due to heavy Champions Trophy at Muscat in downpour. Oman. Indian table tennis player Ayhika Pakistani batsman Azhar Ali has Mukherjee has won a silver medal in announced his retirement from one the under-21 women's singles day international Cricket. category of the ITTF Challenge India captain Virat Kohli and Indian Belgium Open. cricket team has retained the top Elina Svitolina defeated America's spot in the latest ICC rankings. Sloane Stephens to win the WTA Ambati Rayudu has retired from first- Finals title. class cricket to focus on 50-over and Indian golfer Khalin Joshi clinched his T20 cricket. maiden Asian Tour title, claiming the Panasonic Open India title.
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