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Weekly Current Affairs September 2018: Week V

Published on October 01, 2018

Banking and Financial Awareness:

  • For failing to stick to shareholding rules, Reserve Bank of India (RBI) barred Bandhan Bank from opening new branches and also ordered the freezing of the bank's CEO salary.
  • A Mobile app called Jan Dhan Darshak has been developed by the Ministry of Finance and National Informatics Centre (NIC), as a part of financial inclusion (FI) initiative.
  • BRICS' New Development Bank has approved a $525-million loan for infrastructure projects in India.
  • To boost employment in Madhya Pradesh, Asian Development Bank (ADB) approved a $150 million loan to establish the first multi-skills park.
  • Asian Development Bank (ADB) approved financing of up to $500 million for a multi-tranche financing facility (MFF) infrastructure project in at least 10 cities of Tamil Nadu.
  • To collaborate on creating a dual listing route for masala bonds and foreign currency bonds of Indian issuers, National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed a Memorandum of Understanding (MoU).


  • Vikram Misri Appointed as India's Next Ambassador to China.
  • Google’s privacy lawyer, Keith Enright, appointed as Chief Privacy Officer of Google.
  • Anil Khosla appointed as new Vice Chief of Air Force.
  • Former Hotstar CEO Ajit Mohan appointed as Facebook’s Vice-President and Managing Director of its India operations.

Honour, Awards and Ranks

  • Badminton player PV Sindhu is the only sportsperson to feature in the Forbes India’s first ‘tycoons of tomorrow’ list of 22 young achievers in the fields of business, acting and sports.


  • Former BCCI President Biswanath Dutt Passes Away.
  • Former Gujarat finance minister Manoharsinh Jadeja Passes Away.
  • Marathi writer, novelist and translator Kavita Mahajan passes away.
  • Commentator Jasdev Singh passed away.

Important Dates

  • World Heart Day - 29th September
  • World Rabies Day – 28th September
  • World Tourism Day – 27th September, theme - Tourism and the Digital Transformation”.
  • Antyodaya Diwas - 25th September, to mark the birth anniversary of Pandit Deendayal Upadhyaya.

MOU’s, Agreement and Summits

  • For fighting the growing problem of counterfeit drugs in India, NITI Aayog and Oracle signed a Statement of Intent (SoI).
  • To launch the Loo Review campaign to encourage all local guides in India to rate and review public toilets on Google Maps, The Ministry of Housing and Urban Affairs has partnered with Google.
  • For deepening cooperation between MSME sectors, India and Morocco signed a MoU.
  • India and Uzbekistan signed Mou. 
    • on Mutual Cooperation in Combating Illicit Trafficking in Narcotics, Drugs, Psychotropic Substances and Precursors.
    • on Cooperation in the Sphere of Law & Justice.
    • for strengthening cooperation in the field of Tourism
    • for the establishment of Uzbek-Indian Free Pharmaceutical Zone in the Andijan region of Uzbekistan.
    • in the field of Agriculture and Allied sectors.
    • on cooperation in the pharmaceutical sector.
  • To roll out 5G and internet of things (IoT) technology in India, BSNL has inked a pact with Japan’s Softbank and NTT Communications.


  • For boosting the country's struggling economy, Argentina has received $57.1 billion from the International Monetary Fund (IMF).
  • Under the World Wildlife Foundation's (WWF) 'Tx2' programme which aims to double the number of tigers all over the world by 2022, Nepal has become the first country in the world to double its tiger population in a decade.

Important News- India

  • An online software for processing applications for Agmark quality certification mark, for agricultural products, was launched by Agriculture Minister Radha Mohan Singh.
  • To enable micro, small and medium enterprises (MSMEs) to get the in-principle approval of loans, Union Finance Minister Arun Jaitley has launched a portal www.psbloansi59 
  • Sikkim's first-ever airport at Pakyong was inaugurated by Prime Minister Narendra Modi, which is India's 100th functional airport and one of the country's five highest airports.
  • Andhra Pradesh has topped Ease of Living Index rankings under AMRUT (Atal Mission for Rejuvenation and Urban Transformation) followed by Odisha and Madhya Pradesh.
  • To institutionalize a mechanism to support efforts intended to preserve, document, promote and disseminate Indian Cuisine, Vice-President M Venkaiah Naidu inaugurated the Indian Culinary Institute (ICI) in Tirupati, Andhra Pradesh.
  • The Financial Inclusion Index was launched by Union Minister of Finance and Corporate Affairs Arun Jaitley, in New Delhi to measure the financial services for use of internal policy making.
  • For tackling toxicity in the air by sucking in particulate matter and release fresh air, the air pollution control device Wind Augmentation Purifying Unit inaugurated by Union Minister for Science & Technology and Earth Sciences and Environment Dr. Harsh Vardhan.
  • To mark the second anniversary of the surgical strikes carried out by the Indian Army across the LoC, Prime Minister Narendra Modi inaugurated Parakram Parv exhibition at the military station in Jodhpur.
  • ‘Incredible India Mobile App’ and the “Incredible India Tourist Facilitators Certification” programme was launched by Union Minister for Tourism (IC), Mr. K.J. Alphons.
  • To utilize benefits of new technology, town planning, capacity management, challenges before socio-economic development and development of networking in the Smart City sector, Smart City Expo India-2018 inaugurated by Vice President M. Venkaiah Naidu, in Jaipur.
  • The Mahatma Gandhi International Sanitation Convention, inaugurated by President of India, Shri Ram Nath Kovind in New Delhi.

Sports News

  • Yuvraj Wadhwani has won the 25th Asian junior individual squash championship title.
  • 8th Asian Yoga Sports Championship has begun in Thiruvananthapuram, Kerala organised by Asian Yoga Federation. 
  • Croatia's Luka Modric Won FIFA's Best Player of the Year Award.

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