October 19, 20 and 21, 2018

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NATIONAL NEWS

 

  1. Union Minister for Minority Affairs Mukhtar Abbas Naqvi unfurled India’s highest Tricolor flag at the majestic Haj House in Mumbai.
    • The flag is 20×30 feet in dimensions and stands 350 feet above the ground.
    • This makes it the highest tricolor installed on the terrace of any building of such height in the country.

 

 

  1. The famous Shahi Litchi of North Bihar has got the 4th Geographical Indication (GI) tag.
    • Earlier, Jardalu mangoKatarni rice and Magahi paan from the state got the GI tag.
    • Bihar produces 40 percent of the litchi grown in the country on 38 per cent of the area.
    • Geographical Indication (GI)product is primarily an agricultural, natural or a manufactured product (handicraft and industrial goods) originating from a definite geographical territory.
  1. Punjab Cabinet chaired by Chief Minister Capt Amarinder Singh, approved extension of the enhanced 50 percent reservation for women the office of the Chairperson of Panchayat Samitis and Zila Parishads.
    • Earlier, the reservation for women in these bodies are 33%.

 

  1. Assam celebrated its 3rd Bihu festival known as the ‘Kati Bihu’ festival across the state.
    • The name of the other 2 Bihu festivals are: Rongali and Bohagi Bihu.
  1. The Insurance Regulatory and Development Authority of India (IRDAI) formed a panel to examine claims in installments headed by Suresh Mathur.
    • This will look into the feasibility of the proposal of general and health insurance companies for payment of claims in installments as against lump sum payments.
    • This will be in respect of personal accident policies and benefit-based health
  1. North Central Railways has launched two apps for its employees & passengers: ‘NCR RASTA’ and ‘Yatri RASTA’
    • NCR RASTA (Railway assets Summarised Tracking Application) — The app is for the use of railway officers and staff and has exact mapping of all railway assets.
    • Yatri RASTA (Railway Approach to Station Tracking Application) — The app will allow general public to locate the railway stations easily.
  1. Kamal Hassan inaugurated a mobile app called Roudram for women safety.
    • The word ‘roudram means anger, and is aimed at channelizing once anger in changing the society for a better tomorrow for women.
  1. India and Japan are all set to hold the first-ever joint military exercise ‘DHARMA GUARDIAN-2018’involving the Indian Army and Japan Ground Self Defence Force in Mizoram, India.

 

BANKING AND ECONOMY

 

  1. Reserve Bank of India (RBI) increased lenders’ single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, from 10% to 15% of capital funds, until 31st December 2018.
    • The RBI also permitted banks to use government securities equal to their incremental outstanding credit to NBFCs, over and above their outstanding credit to them as on October 19, to be used to meet Liquidity Coverage Ratio (LCR) requirements.
    • The move will help provide liquidity to Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs) which have come under pressure following series of default by IL&FS group companies.
  1. Virtual currency exchange Unocoin set up a first of its kind kiosk — Bitcoin ATM at Kemp Fort mall in Bengaluru.
    • This will be followed by 2 more kiosks in Mumbai and Delhi.
    • Users can withdraw Indian rupee obtained on selling the cryptocurrencies on its platform.

 

IMPORTANT DAYS

 

  1. World Osteoporosis Day is observed every year on October 20.
    • This day creates awareness about the prevention, diagnosis and treatment of osteoporosis and metabolic bone disease.
    • Osteoporosis is a disease in which bones become weak and brittle and increases the risk of a broken bone.
  1. Police Commemoration Day — October 21
    • The day remembers the sacrifices of ten policemen who died in Chinese firing in 1959.
    • Chinese troops opened fire and threw grenades at a party of 20 police personnel. Ten were killed in the incident, which left seven others injured, who were later taken as prisoners. Three weeks later, China returned the bodies of the ten personnel.

 

AWARDS

 

  1. Dutch photographer Marsel van Oosten has won Wildlife Photographer of the Year 2018.
    • He got the award for his photo titled “The Golden Couple,” which is the striking photo of a pair of endangered golden snub-nosed monkeys in central China’s Qin Ling Mountains.

 

 

  1. The Breakthrough Prize Foundation announced the 9 recipients of the 2019 Breakthrough Prize.
    • It is also known as “Oscars of Science”.
AwardAwardee
2019 Breakthrough Prize in Life Sciences C. Frank Bennett and Adrian R. Krainer
Angelika Amon
Xiaowei Zhuang
Zhijian “James” Chen
2019 Breakthrough Prize in Fundamental PhysicsCharles Kane and Eugene Mele
2019 Breakthrough Prize in MathematicsVincent Lafforgue

 

  1. Arshdeep Singh won the 2018 Young Wildlife Photographer of the Year (Asia) Award for his photograph ‘Pipe Owls’.

 

 

  1. Union Minister Piyush Goyal will receive the prestigious Carnot Prize from the Ivy League University of Pennsylvania in recognition of his work for rural electrification while he held the power and renewable energy portfolios.
    • The Carnot Prize is given “for distinguished contributions to energy policy“.

 

  1. Minal Patel Davis won the US’ Presidential Medal for her work against sex slavery and labour exploitation.

SPORTS

 

  1. Mexican boxer Canelo Álvarez has signed the richest contract in the history of sports, which is a 5-year deal worth $365 million (over Rs 2,680 crore) with streaming service DAZN.

 

 

MISCELLANEOUS

 

  1. Council of Scientific and Industrial Research, Indian Institute of Toxicology Research (CSIR-IITR), Lucknow, has developed an innovative technology for “Drinking Water Disinfection System” with the trade name “OneerTM”.
    • It will be used in continuous treatment of water and will eliminate disease causing pathogens like virus, bacteria, fungi, protozoa and cyst.
  1. Scientists at the European Southern Observatory (ESO) have discovered a galaxy proto-supercluster named “Hyperion”, the largest and the most massive structure in the early universe known so far.
  1. Stephen Hawking’s final work “Brief Answers to the Big Questions” was launched.
    • It tackles various issues including existence of God , potential time travel and human intelligence during the next 100 years.