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 India 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. Jagdish Mukhi was sworn in as the acting governor 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 Madhya Pradesh as the incumbent Governor, Anandiben Patel 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 Ganeshi Lal 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.