May 20, 2018

NATIONAL NEWS

  1. India successfully test-fired the Indo-Russian joint venture BrahMos supersonic cruise missile from a test range along the Odisha coast to validate some new features.
    • The Missile was test fired from Integrated Test Range (ITR) at Chandipur
    • BrahMos Aerospace was formed as a joint venture between Defence Research and Development Organisation (DRDO)of India and Joint Stock Company “Military Industrial Consortium” “NPO Mashinostroyenia” (earlier known as Federal State Unitary Enterprise NPOM of Russia).
    • The company was established in India through an Inter-Governmental Agreement signed on February 12, 1998, between The Republic of India and The Russian Federation.
  2. Australian Securities Exchange, the NLC India Limited and NMDC will sign the Master Project Agreement (MPA) with Environmental Clean Technologies Limited (ECT) to establish world’s first Australian-designed Coldry and Matmor plant in Tamil Nadu.
    • NMDC Limited and NLC India Limited (formerly Neyveli Lignite Corporation) has decided to invest over USD 26 million for setting up an R&D facility
    • ECT will hold 49 percent stake while NLC and NMDC will hold 25.5 percent stake each.
  3. The Aeronautical Development Agency (ADA), which had conceived and designed the Light Combat Aircraft (LCA) Tejas, has set the ball rolling for building the next generation defence aircraft, the Advanced Medium Combat Aircraft (AMCA).
    • The project to be implemented in Sulur in Coimbatore district which may house the permanent base of the Tejas squadron marks Tamil Nadu’s first major defence aircraft project.
    • The next gen aircraft is for the first time being built by inviting Private Players.
  4. Rating agency ICRA Ltd expects gross domestic product (GDP) growth in the fourth quarter of the fiscal 2017-18 at 7.4% on account of good Rabi crop harvest and improved corporate earnings, up from 7.2% in the third quarter.
    • ICRA (Investment Information and Credit Rating Agency of India Limited)
  5. India is the sixth wealthiest country in the world with a total wealth of 8,230 billion US dollars, according to the AfrAsia Bank Global Wealth Migration Review
    • US is the wealthiest country in the world with a total wealth of 62,584 billion dollars.
    • China – Second position – 24,803 billion dollars
    • Japan – Third position – 19,522 billion dollars.
  6. Reliance Industries Ltd. (RIL)has received environment clearance for the expansion and optimisation of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs 2,338 crore.
    • The proposal is to expand the gas cracker and downstream plants
  7. Bihar Chief Minister Nitish Kumar flagged off the ‘Krishi Mahabhiyan-cum-Beej Vikas Vahan Rath’ to create awareness among farmers about government schemes for them during Kharif season.
    • ‘Kharif Mahabhiyan-cum-Mahotsav Rath’would travel to blocks, gram panchayats and villages to tell the farmers about the schemes being run during kharif season.
    • ‘Beej (Seed) Vahan Vikas Rath’which would have Kharif seeds and pesticides for the treatment of kharif crop.
  8. The Tripura Government announced that 10% of all police force will be reserved for women
    • Encouraging women to participate and deal more efficiently with crimes related to them.
    • Apart from this a PRAYAAS Committee in every police station consisting of former policemen, veterans and politicians has been formed to deal with policing.
  9. Government of India’s e-Visa scheme has fetched  Rs. 1400 crore as revenue.
    • Launched in 2014 under the Ministry of Home Affairs, the e-Visa enables the prospective visitor to apply for an Indian Visa from his/her home country online without visiting the Indian Mission and also pay the visa fee online.
  10. Uttarakhand Chief Minister Trivendra Singh Rawatlaunched the first phase of a massive tree plantation initiative along Rispana River, Uttarakhand, by initiating pit-digging work for the campaign.
  11. Three Indian Naval Ships Sahyadri, Shakti and Kamorta shall be making a port call at Tien Sa Port, Danang, Vietnam.
    • Objective of this visit is to enhance maritime cooperation between Indian and Vietnamese Navies
  12. According to the Customs Brokers Licensing Regulations, 2018, notified by the Central Board of Excise and Customs (CBEC), unique identity number Aadhaar and PAN is mandatory for persons seeking a customs broker licence.
    • Customs broker is a person licensed to act as an agent on behalf of importer/exporter for transaction of business relating to entry or departure of conveyances or goods at any customs station.
  13. Bharat Petroleum Corporation Limited (BPCL)announced that an LPG bottling plant is being set up in Balkhani, Balangir district in Odisha.
    • This is the second time BPCL has launched bottling plant in Odisha after the Khurda plant.
  14. Tata Steel has acquired Bhushan Steel for an amount of 35000 crore and settling two-thirds of the loan of the company.
  15. Indian Institute of Technology (IIT)-Kanpur has set up India’s first Centre for Energy Regulation (CER) with the help of Government of United Kingdom.
    • Aims at providing independent advisory on policy and regulatory matters in the power and energy sector.

 

BANKING AND ECONOMY

  1. The Reserve Bank of India (RBI)has imposed a penalty of Rs5 crore on South Indian Bank (SIB) for non-compliance with its directions on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function.

 

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APPOINTMENTS

  1. Venezuela’s President Nicolas Maduro was re-elected for a second six-year term in presidential elections, according to the National Electoral Council (CNE)
  2. Deepti Umashankar, the Principal Secretary of Sainik and Ardh Sainik Welfare Department, has been allotted the additional charge of Haryana Staff Selection Commission (HSSC) Chairperson.
  3. The New York Police Department (NYPD) has inducted Gursoach Kaur, its first female turbaned Sikh auxiliary police officer.

 

IMPORTANT DAYS

  1. May 21 – Anti-Terrorism Day
    • To make the people aware of the anti-social act of terrorism and its impact on human suffering and lives.

AWARDS

  1. Prajnesh Gunneswaran won the prestigious K. Ramanathan award for the year 2017-18 at the Tamil Nadu Tennis Association (TNTA) annual day function at the SDAT tennis stadium.
    • Cash Prize of Rs 30,000
    • Prajnesh Gunneswaran is an Indian tennis player who represented India Davis Cup team in 2017 Davis Cup
Best ActressSamal YeslyamovaAyka (Kazakhstan)
Best ActorMarcello FonteDogman (Italy)
  1. Japanese director Hirokazu Kore-eda won the top prize — the Palme d’Or (Golden Palm) at Cannes Film festival for the movie

 

SPORTS

  1. Barcelona forward Lionel Messi has won the European Golden Shoe for the fifth time
    • The Argentina international claimed the prize after scoring 34 goals in La Liga this season, helping his club to a 25th league triumph.
  2. South Korea won the Asian Champions Trophy 2018 after defeating Indian’s Women Hockey team.
    • South Korea has lifted the title for the third time after having won it in 2010 and 2011.
    • Indian striker Vandana Katariya was declared Player of the Tournament

 

MISCELLANEOUS

  1. Veteran writer, novelistYaddanapudi Sulochana Rani passed away
    • She heralded a new era in Telugu fictional literature
    • Some of Sulochana’s famous novels include Murali Krishna, Radha Krishna, Jeevana Tarangalu, Premalekhalu
  1. Scientists have created the world’s smallest house that has been built on an area of 300 square micrometres, using a robotic system.
    • Created by researchers from Femto-ST Institute in France
  1. Zhao Kangmin, the Chinese archaeologist who worked in discoveries of ancient Terracotta Warriors died.