New Student User- Use Code HELLO

Register Now

Weekly Current Affairs May 2018: Week 3rd

Published on May 24, 2018

Banking and Financial Awareness:

  • RBI Puts Dena Bank under PCA (Prompt Corrective Action).
  • Automatic Recurring Payments Feature Introduced by Paytm.
  • YES Bank Launches Agenda 25×25.
  • Fino Payments Bank Launched Digital Suite.
Weekly Current Affairs May 2018: Week 3rd


  • BJP legislature party leader B S Yeddyurappa took oath as the Chief Minister of Karnataka.
  • Susheela Jayapal Becomes 1st South Asian to Be Elected in Oregon.
  • Ambika Sharma to Head USIBC India Office.
  • Gina Haspel Confirmed as 1st Female Director of CIA.
  • Uttam Pacharne Appointed Regular Chairman of Lalit Kala Akademi.

Honour, Awards and Ranks

  • Forbes World’s Most Powerful People List 2018 – Modi Ranked 9th.
  • Lata Mangeshkar Conferred with Swara Mauli Award.
  • The KISS Humanitarian Award 2018 was presented to Prof. Muhammad Yunus.This was the 11th edition of the Award.
  • According to a report by the Mercom Communications, India emerged as the third largest solar market in the world in 2017.
  • Sir William Mark Tully has been chosen for this year's RedInk award for lifetime achievement in journalism.
  • Swachh Survekshan 2018 - Indore the cleanest city.
  • Bollywood actor Sridevi was honored with the TITAN Reginald F Lewis Film Icon Award at the Cannes Film Festival.
  • According to the United Nations estimates, Delhi is projected to become the most populous city in the world around 2028.
  • Japanese Director Wins Cannes' Top Award.
  • India’s Jagriti Yatra Wins Charity Award In UK.
  • Neymar Named France's Player Of The Year.
  • Senior journalist Mark Tully will be honoured with the Lifetime Achievement Award at the annual Red Ink Awards in Mumbai.
  • Anindita Honoured With Jayadev Rashtriya Yuva Puraskar Award.
  • DRDO Awards 2016 & 2017 Presented By Defence Minister.
  • Noted Lyricist, Poet, Politician Balkavi Bairagi Passes Away.


  • The actor Margot Kidder, best known for playing Lois Lane in the Superman films died.

MOU’s, Agreement and Summits

  • BIMSTEC Summit 2018 to be Hosted by Nepal.
  • 1st Ever Joint Conference Conducted by Customs and Post Department in New Delhi.
  • NTPC Limited signed an MoU with the Bihar Government to improve the performance of Power Sector in Bihar.
  • 1st apex Conference for Smart City CEOs held in Bhopal.
  • The Cell for IPR Promotion and Management (CIPAM) organized a conference on National Intellectual Property Rights (IPR) Policy in New Delhi.
  • 4 States Himachal Pradesh, Jammu and Kashmir, Haryana and Uttarakhand Ink MoUs with Centre On Health Protection Mission.
  • PM Modi to Visit Russia for Informal Summit with Vladimir Putin.
  • NALCO Inks MoU with Government of India for FY 2018-19.
  • NTPC Inks Pact to Acquire 3 Projects in Bihar.
  • NITI Aayog’s 3-Day Venture Capital Symposium 2018 Begins.
  • 2-Day Regional Conference On “Physical and Social Infrastructure for Regional Development” Held in Guwahati.
  • Smriti Irani Chairs Meeting of Stakeholders On ‘Samarth’- Scheme in Delhi.

Important News- World

  • China’s 1st Indigenous Aircraft Carrier Type 001A begins Sea Trial.
  • WHO published its 1st Essential Diagnostics List.
  • SCO Cultural Ministers Meeting held in China.
  • Netherlands PM Mark Rutte to Be On 2-Day Official Visit to India.
  • Army Chief Begins 4-Day Visit to Sri Lanka.
  • Russia Unveils World's 1st Floating Nuclear Power Station.
  • Guatemala Becomes Second Country to Open Jerusalem Embassy.

Important Dates

  • International Day of Families: 15 May. the theme for the event is ‘Families and inclusive societies’.
  • World Telecommunication and Information Society Day: 17 May. theme for WTISD was "Enabling the positive use of Artificial Intelligence for All".

Important News- India

  • Committee Constituted to Look into Black Money and Performance of PSBs.
  • Chief of Army Staff Released a Book “Across the Bench – Insight into the Indian Military Judicial System”.
  • Cabinet Reshuffle: Piyush Goyal Gets Additional Charge of Finance Ministry.
  • United Nations Development Programme (UNDP) will soon set up a skill development centre at 'Bharosa’ in Hyderabad.
  • A High-Level Committee (HLC), chaired by Union Home Minister Rajnath Singh, approved central assistance of Rs 1,161.17 crores to 4 States and 1 UT.
  • Rs 16,500 Crore Earmarked by Govt. to Implement Swachh Bharat Mission in 2018-19.
  • Environment Minister Launched Programme to Train 5.5 Lakh Workers by 2021.
  • The President of India, Ram Nath Kovind, inaugurated the 4th Global Exhibition on Services at the Bombay Exhibition Centre, in Mumbai.
  • WHO launched REPLACE to eliminate trans-fat by 2023.
  • The Ministry of New and Renewable Energy (MNRE) unveiled a National Wind-solar Hybrid Policy.
  • The South Asia Wildlife Enforcement Network (SAWEN) held its first ever meeting in India.
  • ICBC launched China’s 1st India-dedicated investment fund.
  • Meeting to discuss ‘Samarth Scheme’ held in New Delhi.
  • The Integrated Centre for Crisis Management (ICCM) was inaugurated by the President Ram Nath Kovind at BARC (Bhabha Atomic Research Centre) in Mumbai.
  • The subscriber base of the Atal Pension Yojana (APY) had crossed the one-crore mark since its launch in 2015.
  • National Policy on Biofuels 2018 approved by the Union Cabinet.
  • The Ministry of Commerce has issued a notification for a unified Directorate General of Trade Remedies (DGTR).
  • President Ram Nath Kovind has inaugurated the 4th edition of Global Exhibition on services in Mumbai.
  • India Released Grant Of NRs 18.07 Crore To Nepal For River Training.
  • India Unveils National Wind-Solar Hybrid Policy.
  • Suresh Prabhu Launched Intellectual Property Mascot ‘IP Nani’.

Business, Science and Technology

  • Bharti Airtel and Telenor India Merger Approved by DoT.
  • BSE becomes 1st Indian stock exchange to get US SE’s DOSM recognition.
  • Tata Steel To Acquire Bhushan Steel Through Its Step-Down Subsidiary Bamnipal Steel.
  • Foxconn Unit Writes Off Another $40 Million In Snapdeal Investment.
  • Retail Inflation Surges To 4.58%, WPI At 4-Month High In April.


  • Max Thunder: US-South Korea joint military drill begins.
  • Army Finalises Rs 15,000 Crore Ammunition Production Project.

Important News- States

  • The first workshop of Ayushman Bharat Program was held in Shimla, Himachal Pradesh.
  • Uttarakhand’s first City Gas Distribution (CGD) network was inaugurated by the Chief Minister Trivendra Singh Rawat.
  • India’s 1st solar powered railway station in Guwahati.
  • Gujarat Govt. to launch a free treatment scheme for road accident victims.
  • PM Modi Laid Foundation Stone Of India’s Longest Road Tunnel In J&K.

Sports News

  • Lewis Hamilton Wins Spanish Grand Prix.
  • 1st Para-National Games To Be Held Under Khelo India Scheme.
  • India Wins U-16 Four-Nation Football Tournament In Serbia.
  • Indian shooter Heena Sidhu clinched the gold medal at the International Shooting Competitions of Hannover (ISCH), in Germany.

ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu