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Weekly Current Affairs April 2018: Week 2nd

Published on April 16, 2018

Banking and Financial Awareness:

  • 11 Public Sector Banks Placed Under RBI’s PCA Framework.
  • RBI Switches Back to GDP Model from GVA Model. 
  • State-run Punjab National Bank (PNB) launched new products such as pre-approved credit card and UPI solution to mark its 124th foundation day.
  • NERL Brings In ICICI Bank, HDFC Bank As Repository Participants.
  • World Bank Approves $55mn For Bangladesh Project.
  • J&K Bank Launches Special Financing Scheme For Industrial Units.
  • SBI Launches UK Subsidiary With 225 Mn Pounds Capital.
  • SBI To Invest Rs 80 Bn In Hydropower Project Of Nepal.
  • India's GDP To Grow 7.3% This Fiscal, 7.6% In Next: ADB.
  • India’s foreign exchange reserves hit a life-time high of 424.361 billion US dollar after rising by 1.828 billion dollar in the week to March 30, according to the Reserve Bank of India data.
  • Long Term Capital Gains Tax To Come Into Effect From 01st April.
  • Exports In February Up 4.5% To $25.8 Billion.
  • GST Council Approves Rollout Of E-Way Bill From April.
  • Govt Makes Passport Mandatory For Bank Loans Of Rs. 50 Crore & Above.
  • India To Grow 7.6% In 2018: Moody's.
  • India’s GDP Growth Rises To 7.2% In December Quarter.
Weekly Current Affairs April 2018: Week 2nd


  • Rakesh Bharti Mittal: New President of CII (Confederation of Indian Industry) for 2018-19.
  • Rishad Premji Appointed New Chairman of NASSCOM.
  • Balram Bhargava has been appointed the new Director General of the Indian Council of Medical Research (ICMR) until 2021.
  • Deutsche Bank Names Christian Sewing New CEO.
  • IPS Officer Rajesh Ranjan Appointed DG Of CISF.
  • Ban Ki-Moon Elected BFA Chairman.
  • Lt Gen Harpal Singh Takes Charge As Director General Border Roads.
  • Shuttler Kidambi Srikanth Appointed As Deputy Collector In Andhra Pradesh.

Honour, Awards and Ranks

  • Global Economic Freedom Index 2018: India ranks 130.
  • Late Veteran Actor Vinod Khanna Awarded Dadasaheb Phalke Award.
  • Anushka Sharma To Get Dadasaheb Phalke Excellence Award.
  • Worldwide Cost Of Living Report 2018- Singapore Most Expensive, Damascus Least.
  • 105th Indian Science Congress- DRDO Gets ‘Most Informative Pavilion’ Award
  • Canadian Mathematician Robert Langlands Wins Abel Prize
  • Singapore Airport Rated World's Best, Mumbai Ranked 63rd
  • 105th Indian Science Congress- NHAI Receives Best Design Pavilion Award.

Weekly Current Affairs April 2018: Week 1st

MOU’s, Agreement and Summits

  • India, Nepal Decide to Develop Inland Waterways.
  • An MoU has been signed between India and World Expo 2020 in order to showcase the inventions of the Industrial Revolution.
  • 8th Regional 3R Forum in Asia and the Pacific was held in Indore, Madhya Pradesh, India, from 9-12 April 2018.
  • India Mobile Congress 2018 To Be Held In New Delhi.
  • Prime Minister Narendra Modi inaugurated 16th International Energy Forum Ministerial Meeting in New Delhi.
  • Nepal President Inaugurates International Conference On Human Rights In South Asia.
  • Conference On Water, Environment And Climate Change Begins In Nepal.
  • Turkey Hosts Critical Summit On Syria War With Russia And Iran.
  • Global Logistics Summit Held In New Delhi.

Important News- World

  • President Ram Nath Kovind has returned to New Delhi after three African nations tour of Equatorial Guinea, Swaziland and Zambia.
  • Bangladesh Ends Reservation In Government Jobs.
  • India Signs MoU With World EXPO 2020 Dubai.
  • President 3-Nation Visit: Signs 4 Agreements With Zambia.
  • Singapore And China Signed MoU Along Belt And Road Initiative.
  • President 3-Nation Visit: 2 Agreements Signed With Swaziland.
  • UAE And Malaysia Conclude Joint Military Exercise 'Desert Tiger 5'.
  • Nitin Gadkari On 4-Day Visit To South Korea.

Important Dates

  • 12th April – International Day of Human Space Flight
  • VP Venkaiah Naidu Inaugurates Scientific Convention On World Homeopathy Day(10th April).
  • World Health Day- 7th April.
  • National Maritime Day: 5 April.

Important News- India

  • Two Unknown Languages Walmiki and Malhar Discovered.
  • Union Health Ministry has banned over-the-counter sale of 14 ointments containing steroids and antibiotics without a prescription.
  • Madhubani Railway Station gets a makeover with Mithila Paintings.
  • PM to Inaugurate 16th International Energy Forum Ministerial.
  • AIIB to Invest $140 Million to Improve Rural Connectivity.
  • NHAI Signs Agreement For Its First International Project.

Business, Science and Technology

  • India’s 1st All Electric Superfast Train flagged off.
  • The Indian Space Research Organization launched the navigation satellite IRNS-1L from Sriharikota on 12th April 2018.


  • 10th DefExpo India Begins In Tamil Nadu.
  • IAF To Conduct Biggest Combat Exercise Along Pakistan, China Borders.
  • Sahyog- Hyeoblyeog 2018: Indian, Korean Coast Guards Hold Joint Exercise.

Important News- States

  • UP Government Launches Ganga Hariteema Yojana.
  • Assam Spring Festival organised at Manas National Park.
  • Tamil Nadu Launches Uzhavan App for Farmers.
  • The first meeting of NITI Forum for North East was conducted in Agartala, Tripura.

Sports News

  • Kidambi Srikanth becomes world No. 1 badminton player.
  • Mary Kom : 1st Indian woman to win CWG gold in Boxing.
  • CWG 2018: Kidambi Srikanth Wins His 1st CWG Silver.
  • CWG 2018: Saina Nehwal Wins Historic 2nd CWG Gold.
  • CWG 2018: Sanjeev Rajput Clinches Gold In Shooting.
  • CWG 2018: Neeraj Chopra, 1st Indian To Win Gold In Javelin Throw.
  • CWG 2018: Naman Tanwar Wins India's 1st Boxing Medal.
  • Wrestler Bajrang Punia won his first Commonwealth Games gold medal, defeating Wales' Kane Charig by technical superiority in the men's freestyle 65 kg final in Gold Coast, Australia.
  • CWG 2018: Tejaswini Sawant Wins India's 5th Shooting Gold.
  • Fifteen-year-old shooter Anish Bhanwala became India's youngest gold medalist at the Commonwealth Games.

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