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Weekly Current Affairs February 2018: Week 4

Published on February 26, 2018

Banking and Financial Awareness:

  • RBI Sets Up Committee Under YH Malegam to Monitor Bad Loans.
  • Asian Development Bank And India Sign $84 Million Loan For Water Supply In Bihar
  • Aditya Birla Idea Payments Bank Starts Operations.
  • RBI Launches Ombudsman Scheme For NBFCs.
  • Capital First Gets NHB Nod For Merger With IDFC Bank.
  • Fitch Places PNB On ‘Rating Watch Negative’ With Downgrade Possibility.
  • PNB Arm, IFC Tie Up To Raise $800 Mn For Affordable Housing.
  • NABARD Launches Rs 1,918 Crore Area Development Plan For Punjab.
  • Manohar Parrikar Presents Rs 17,123-Crore Goa Budget.
  • EPFO Cuts Interest Rate To 8.55% For 2017-18.
  • UP Budget 2018: UP Government Presents Rs 4.28 Trillion Budget.
Weekly Current Affairs February,2018: Week 4


  • Archaeologist and historian Arvind P. Jamkhedkar will be the next Chairman of the Indian Council of Historical Research (ICHR).
  • K.P. Sharma Oli Appointed As Nepal's New PM.

Honour and Awards

  • BAFTA Awards 2018 happened in London, U.K.
  • Milkbasket, an Indian start-up recognised As 'Startup Of The Year' 2017.
  • Sanjiv Bajaj Named EY Entrepreneur Of The Year 2017.
  • Vikas Sathaye, a Pune-born person has been honoured with the Scientific and Engineering Academy Award at the Oscars Scientific and Technical Awards 2018 at Beverly Hills in Los Angeles, California.

Important Dates

  • International Mother Language Day observed on 21 February.

Important MOU’s and agreement

  • India Signs MoU With Canada’s International Development Research Centre (IDRC).
  • Telangana, Taiwan Sign MoU For Better Technology Partnership.
  • UP Government Signs Pact With Amazon India For Khadi Products Sale.
  • India-Iran Sign 9 MoUs To Boost Bilateral Ties.

Important News- World

  • Cobra Gold Military Exercise Held In Thailand.
  • Singapore To Impose Carbon Tax From 2019.
  • Sri Lanka’s President Maithripala Sirisena reimposed a four-decade-long ban on women buying alcohol, just days after his finance minister had lifted the restriction.
  • Health Minister Addresses Global Digital Health Partnership Summit In Australia.
  • Finance Minister Arun Jaitley On A Two-Day Visit To Saudi Arabia. 


  • Veteran Bollywood actress and Padma Shri awardee Sridevi Passes away at the age of 54 for cardiac arrest.
  • Renowned Violinist MS Anantharaman Passes Away.

Important News- India

  • India is hosting the eighth edition of Theatre Olympics 2018 in New Delhi for the very first time and thus, it is a matter of pride for the nation.
  • Prime Minister Narendra Modi inaugurated World Conference on Information Technology (WCIT-2018) in Hyderabad.
  • 40 Indian Languages and Dialects On The Verge of Extinction.
  • Government Approves Auction Of Commercial Coal Mining To Private Firms, which ends monopoly of State-owned Coal India limited.
  • Chardham Mahamarg Pariyojana: Silkyara Bend-Barkot Tunnel Approved
  • N Gopalaswami Committee to Select Top 20 Educational Institutes of Eminence.
  • Union Minister of Drinking Water and Sanitation, Uma Bharti, Government Launches Swajal Programme and Gangotri Swachh Iconic Place Project in Uttarakhand.
  • Corruption Perception Index 2017 releases, India Ranks 81.
  • Union Cabinet Approves Creation Of National Urban Housing Fund.
  • India To Host World Environment Day 2018.
  • Iranian President Hassan Rouhani Visits India.
  • India International Textiles Expo Begins In Colombo.
  • India To Host 1st International Solar Alliance In March 2018.
  • Union Minister of State (IC) for Power and New & Renewable Energy, R.K. Singh inaugurated the ‘International R&D Conclave’ in New Delhi. 
  • World Congress On Information Technology And Nasscom India Leadership Forum Held Concurrently In Hyderabad.

Business, Science and Technology

  • Light Transport Aircraft "Saras" Completes Second Test Flight Successfully.
  • India's 2nd Mission to Moon Chandrayaan-2 to Be Launched In April 2018.
  • Unmanned Russian Cargo Ship Progress MS-08 Launched.

Important News- States

  • Youth Exchange Programme ‘Watan ko Jano’ Launched With an aim to give exposure to the youth and children of Jammu and Kashmir, the Ministry of Home Affairs has launched "Watan ko Jano" programme.
  • Maharashtra to Launch Asmita Yojana on Women's Day, which attempts to remove the taboo associated with the topic of menstrual hygiene.
  • Khajuraho Dance Festival Begins in Madhya Pradesh.
  • Uttar Pradesh Becomes 1st State to Clear Projects Digitally by an online digital platform “Nivesh Mitro”.
  • Parivartan Scheme launched in Haryana, which addresses major 10 issues including cleanliness and pollution.
  • Special Package Launched to Tackle Insurgency in Arunachal Pradesh.
  • Government Sets up the NITI Forum for Northeast.
  • Prime Minister Narendra Modi inaugurated the two-day ‘UP Investors Summit’ in Lucknow.

Sports News

  • Reigning Commonwealth Games champion Parupalli Kashyap wins Austrian Open.
  • Cricket Canada Unveils ICC-Approved T20 League.
  • Australia’s Most-Capped Female Player Alex Blackwell Retires.
  • Roger Federer Wins Rotterdam Open For 97th Career Title.

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