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Weekly Current Affairs October 2018 - Week IV

Published on October 29, 2018

Banking and Financial Awareness:

  • IDFC Bank proposed to change its name to 'IDFC First Bank Ltd' for its amalgamation with the non-banking financial company Capital First.
  • Fino Payments Bank, has been allowed to open new accounts by RBI.
  • For enhancing climate resilience for millions of people living in India's coastal communities, UN-backed fund Green Climate Fund (GCF) has approved US $43.4 million.

Appointments

  • Sahle-Work Zewde appointed as first-ever female President of Ethiopia.
  • Satish K Gupta Appointed as MD & CEO of Paytm Payments Bank.

Honour, Awards and Ranks

  • A 23-year old Indian scientist, Roopam Sharma, won the World Health Summit Startup award, 2018 for his invention, Manovue – the world’s first intelligent personal assisting system for the visually impaired.
  • Bharat Earth Movers Limited (BEML), received the prestigious ‘Top Challengers Award 2018’ for the excellent performance during the financial year 2017-18.
Weekly Current Affairs October 2018 - Week IV 
  • For the contribution to international cooperation and fostering global economic growth, Narendra Modi has been conferred with the Seoul Peace Prize for 2018.
  • Invest India’ initiative of the Union Government won the top United Nations Investment Promotion Award in recognition of its efforts to boost investments in the renewable energy sector in India.
  • Prof Ashis Mukherjee, was awarded the prestigious Indian National Science Academy (INSA) Teachers Award (2018).
  • Tagore Award for Cultural Harmony for the years of 2014, 2015 & 2016 
    • Sh. Rajkumar Singhajit Singh (For 2014).
    • Chhayanaut (a cultural organization of Bangladesh, for 2015) 
    • Sh. Ram Vanji Sutar (for 2016).

Obituaries

  • Japanese-born Marine biologist Osamu Shimomura, passed away.

Important Dates

  • World Polio Day: 24th October
  • United Nations Day: 24 October
  • World Development Information Day: 24 October
  • World Day for Audiovisual Heritage: 27 October, theme is “Your Story is Moving”.

MOU’s, Agreement and Summits

  • To address issues of farmers and depleting groundwater level in the state, Punjab government has signed four MoUs with Israeli institutions.
  • First trilateral meeting between India, Afghanistan and Iran of Coordination Council of Chabahar Agreement was held in Tehran, Iran.
  • For enhancing inland and coastal waterways connectivity, India and Bangladesh signed agreements to use Chattogram and Mongla Ports.
  • State-owned Israel Aerospace Industries (IAI) has won an additional $777 million contract to supply LRSAM air and missile defence systems to seven ships in the Indian navy.
  • To provide a forum for discussion of key physics and technology issues as well as innovative concepts of direct relevance to the use of nuclear fusion, 27th Fusion Energy Conference (FEC 2018) was held in Gandhinagar, Gujarat.
  • To reduce adverse environmental conditions, Union Ministry of Environment, Forests and Climate Change (MoEFCC) has launched Harit Diwali-Swasth Diwali campaign.

Important news – world

  • 2nd International Conference on Primary Health Care (PHC) towards UHC & SDGs’, at Astana, Kazakhstan, theme “The Future of Primary Health Care”.
  • Nine years after construction began, China has opened the longest sea-crossing bridge ever built, The Hong Kong-Zhuhai-Macau Bridge connects Hong Kong and Macau to the mainland Chinese city of Zhuhai.

Important News- India

  • According to global airlines' body International Air Transport Association (IATA), India will become the world's third largest aviation market around 2024 surpassing the UK.
  • India’s First Domestic Cruise ‘Angriya’ Flagged Off from Mumbai operate between Mumbai and Goa.
  • To examine and strengthen the existing legal and institutional frameworks for dealing with matters of sexual harassment of women at the workplace, Union Government constituted a four-member Group of Ministers (GoM).
  • Parliamentary panel will examine the functioning of retirement fund body Employees Provident Fund Organisation (EPFO), its coverage and recovery of arrears, headed by BJP MP Kirit Somaiya.
  • 22nd National Level Meeting between India and Myanmar was held in New Delhi, for providing of security cooperation along with international border and facilitating movement of people and trade across the international border.
  • Second edition of India Mobile Congress (IMC-2018) was held in New Delhi, theme was "New Digital Horizons. Connect. Create. Innovate".

Sports News

  • Sourav Kothari clinched the 2018 WBL World Billiards Championship title.
  • Pooja Dhanda won a bronze medal in the women’s freestyle 57kg weight class in Wrestling World Championships, held in Budapest, Hungary.
  • Virat Kohli has become the fastest batsman to score 10,000 runs in the history of ODI cricket.
  • The Denmark Open – 
    • Men’s Singles - Kento Momota (Japan)
    • Women’s Singles - Tai Tzu-ying (Chinese Taipei)
  • Praveen Kumar, former Indian fast bowler, has retired from all forms of international cricket.
  • Wrestler Bajrang Punia won the silver medal in the 65kg final of the Wrestling World Championships in Budapest, Hungary.
  • Mumbai has defeated Delhi to win third Vijay Hazare Trophy title at M Chinnaswamy Stadium, Bengaluru.
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