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Weekly Current Affairs September 2018: 2nd Week

Published on September 11, 2018

Banking and Financial Awareness:

  • The Reserve Bank of India has released new guidelines for all notes which were introduced post note ban, or notes which were introduced as part of the Mahatma Gandhi New Series.
  • Government has doubled the monetary limit up to 20 lakh rupees for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions.
  • HDFC ERGO, a non-life insurance provider, announced the launch of a Cyber Insurance Policy for individuals 'E@Secure', for providing comprehensive protection to individuals and their families against any cyber-attacks, cyber frauds or digital threats.
  • National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 335 crore to West Bengal under the Rural Infrastructure Development Fund (RIDF).
  • The Reserve Bank of India (RBI) directed all scheduled commercial banks with more than 10 branches to appoint an Internal Ombudsman (IO) to ensure that the complaints of the customers are redressed.
  • Temasek, Singapore-based global investment firm has signed an agreement to invest up to Rs 2,750 crore ($400 million) in the National Investment and Infrastructure Fund’s (NIIF)
  • Mauritius was the top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore, according to Reserve Bank of India (RBI) data.


  • Indian Boxer Mary Kom Signed as Brand Ambassador of BSNL.
  • Arif-ur-Rehman Alvi elected as the 13th President of Pakistan.
  • Justice Ranjan Gogoi will become the 46th Chief Justice of India after Dipak Misra.
Weekly Current Affairs September 2018 2nd week

Honour, Awards and Ranks

  • Odia poet Satrughna Pandav honoured with the prestigious 'Sarala Puraskar' for his poetry collection 'Misra Dhrupad'.
  • Aishwarya Rai Bachchan was honoured with the Meryl Streep Award for Excellence at the Women in Film and Television (WIFT) India Award.

Important Dates

  • International Day of Charity: 5th September.
  • World Literacy Day – 8th September. theme - “literacy and skill development.”


  • Football player Arthur Pereira passed away.

MOU’s, Agreement and Summits

  • India and France have signed an implementation agreement on 'Mobilise Your City' (MYC) in the presence of Minister of State (I/C), Ministry of Housing & Urban Affairs (MoHUA) Hardeep Singh Puri.
  • 4th World Summit on Accreditation (WOSA-2018) which provides platform to stakeholders to share their knowledge and information on accreditation, held at New Delhi, Inaugurated by the Union Minister for HRD Prakash Javadekar.
  • World Hindu Congress has begun in Chicago, USA, theme - 'think collectively, achieve valiantly'.
  • Prime Minister Modi inaugurated India's first Global Mobility summit 'MOVE', deliberated on 5 themes, comprehensive: electrification & alternative fuels, reinventing public transport, goods transport & logistics and data analytics and mobility, in New Delhi.
  • The Union Home Minister Rajnath Singh inaugurated the 3-day Defence & Homeland Security Expo and Conference – 2018, organised by PHD Chamber of Commerce and Industry in association with MSME in New Delhi.
  • Ministry of Railways organized a Conference on “E-Mobility in Indian Railways” through Institution of Railways Electrical Engineers (IREE) in association with NITI Aayog concluded in New Delhi.
  • The International Aviation Summit, organised by the Airports Authority of India, Ministry of Civil Aviation and International Air Transport Association (IATA) began in New Delhi, India. 

Important News – World

  • Annual joint military exercise named Rapid Trident has been launched by Ukraine, with the United States and other NATO (North Atlantic Treaty Organization) member countries.
  • International Women Entrepreneurs Summit 2018 is being held in Kathmandu, Nepal. theme - “Equality begins with Economic Empowerment”.
  • 87th Izmir International tradeshow which begins in Turkey, India is the Partner Country.

Important News- India

  • The Union Government has announced that under Pradhan Mantri Jan Arogya Yojana, the treatment of childhood cancer will be covered.
  • Former Reserve Bank of India governor Bimal Jalan has been appointed by The Union Government as the head of the panel that has been tasked with selecting India’s next chief economic advisor (CEA).


  • Aero India will be held in Bengaluru, Karnataka for the aerospace and defence industries with public air shows.
  • Indo-Kazakhstan Joint Army Exercise 'KAZIND' begins in Otar region, Kazakhstan, to build and promote bilateral Army to Army relations and exchange skills and experiences between Kazakhstan Army and the Indian Army.
  • Ukraine Conducts Joint Military Exercises with NATO Nations to practice countering armed aggression in conditions of the hybrid war.

Sports News

  • Indian Triple jumper Arpinder Singh wins bronze medal in IAAF Continental Cup at Ostrava in the Czech Republic.
  • Ankur Mittal won the men’s double trap gold medal in the ISSF World Championship, in Changwon, South Korea.
  • Indian shooter Hriday Hazarika won gold medal in the 10 m air rifle junior men's event of the ISSF World Championships in South Korea.
  • India’s Saurabh Chaudhary won the 10 metres Air Pistol Junior gold at the International Shooting Sports Federation (ISSF) Shooting World Championship in Changwon, South Korea.
  • England cricketer Alastair Cook announced his retirement from International cricket.
  • Japanese swimmer Ikee Rikako has been named as the Most Valuable Player (MVP) of the 18th edition of the Asian Games.
  • Novak Djokovic of Serbia won the Men’s singles US Open Tennis final.
  • India Blue has won 2017-18 Duleep Trophy (cricket tournament) by defeating the defending champion India Red.

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