18th September 2018 Current Affairs

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NABARD has approved Rs 65,634.93 crore loan

  • The National Bank for Agriculture and Rural Development has approved Rs 65,634.93 crore loan so far to 93 prioritized irrigation projects.
  • The projects are under the government’s flagship scheme Pradhan Mantri Krishi Sinchai Yojana (PMKSY).

Germany has launched the world’s first hydrogen-powered train

  • Germany has launched the world’s first hydrogen-powered train named ‘Coradia iLint train’.
  • The ‘Coradia iLint trains‘ can run for around 1,000 kilometres on a single tank of hydrogen.

 

Japan has carried out its first submarine drill

  • Japan has carried out its first submarine drill in the disputed South China Sea, a move that could provoke Beijing which claims most of the disputed waters.
  • The anti-submarine drill was conducted in the region to improve strategic techniques.

BOB, Vijaya bank and Dena bank is going to merge

  • The union government has announced its plan to merge three public sector banks (PSBs) Bank of Baroda, Vijaya Bank, and Dena Bank to create the country’s third-largest lender as part of efforts to revive credit and economic growth.
  • The merger will make the banks stronger and sustainable as well as increase their lending ability.

There is ‘no withholding tax’ will apply on interest payments made by an Indian company

  • The Central Board of Direct Taxes said ‘no withholding tax’ will apply on interest payments made by an Indian company or a business trust to a non-resident.
  • This is in respect to the offshore rupee-denominated bonds issued between September 17, 2018, and March 31, 2019.

Ganpatrao Andalkar passed away in Patna

  • Well-known wrestler Ganpatrao Andalkar (83-year) passed away at a private hospital in Pune yesterday.
  • Former Olympian Andalkar (took part in the 1964 Tokyo Olympics) had bagged the coveted “Hind Kesari” title in 1960.

Anna Rajam Malhotra died in Mumbai

 

  • India’s first woman IAS officer after Independence, Anna Rajam Malhotra died in Mumbai on 17 Sept 2018.
  • She served in the Madras State under then Chief Minister C. Rajagopalachari and at the Central government.

The Gujarat High Court has struck down a provision of the GST Act.

  • The Gujarat High Court has struck down a provision of the GST Act.
  • Act prohibited ‘first stage dealers from transitioning excise duty credit on goods procured more than a year before the rollout of the new indirect tax regime on July 1, 2017.

Supreme Court allowed the sale of FDCs

  • Supreme Court allowed the sale of the drug and three other banned fixed-dose combinations (FDCs).
  • With this order, Saridon will be available in medical stores across the country.

India and Malta have signed three MoU

  • India and Malta have signed three MoUs in the fields of Maritime Cooperation, Tourism and Training after delegation-level talks between Venkaiah Naidu (Vice President) and Ms. Marie-Louise Coleiro Preca (President of Malta).
  • Naidu is in Malta in the second phase of his visit to three European countries.

Varun Dhawan and Anushka Sharma have been signed to promote and endorse SIM

  • Varun Dhawan and Anushka Sharma have been signed on to promote and endorse the Skill India Mission (SIM), chaired by Prime Minister Narendra Modi.
  • Skill India Mission is led by the Ministry of Skill Development and Entrepreneurship (MSDE) and aims to standardise vocational training.

 

India and Sri Lanka signed a MoU

  • India and Sri Lanka signed a MoU for construction of a 5000-metric ton temperature controlled warehouse in Dambulla of Central Province, Sri Lanka.
  • The warehouse will be constructed with an Indian grant assistance of 30 crore Sri Lankan rupees.

Try out the quiz ?

1. The national bank for Agriculture and Rural Development (NABARD) has approved a loan for 93 prioritised irrigation projects under the government’s flagship scheme Pradhan Mantri Krishi Sinchai Yojana (PMKSY). What is the approved loan amount?

Correct! Wrong!

The National Bank for Agriculture and Rural Development has approved Rs 65,634.93 crore loan so far to 93 prioritized irrigation projects.

2. Which country has launched the world’s first hydrogen-powered train named ‘Coradia iLint train’?

Correct! Wrong!

Germany has launched the world’s first hydrogen-powered train named ‘Coradia iLint train’.

3. Japan has carried out its first submarine drill in the dispute South China Sea, a move that could provoke ___________ which claims most of the disputed waters.

Correct! Wrong!

Japan has carried out its first submarine drill in the disputed South China Sea, a move that could provoke Beijing which claims most of the disputed waters.

4. What is the name of other Bank merge with three public sector banks (PSBs) Bank of Baroda, Vijaya Bank to create the country’s third-largest lender as part of efforts to revive credit and economic growth?

Correct! Wrong!

The union government has announced its plan to merge three public sector banks (PSBs) Bank of Baroda, Vijaya Bank, and Dena Bank to create the country’s third-largest lender as part of efforts to revive credit and economic growth.

5. To which of the following bond Central Board of Direct Taxes (CBDT) announced that no withholding tax will apply on interest payments made by an Indian Company or a Business trust to a non-resident?

Correct! Wrong!

The Central Board of Direct Taxes said ‘no withholding tax’ will apply on interest payments made by an Indian company or a business trust to a non-resident.

6. Who is Ganpatrao Andalkar?

Correct! Wrong!

Well-known wrestler Ganpatrao Andalkar (83-year) passed away at a private hospital in Pune yesterday.

7. Who is India’s First woman IAS officer after independence?

Correct! Wrong!

India’s first woman IAS officer after Independence, Anna Rajam Malhotra died in Mumbai on 17 Sept 2018.

8. Which of these High Courts have struck down a provision of the GST Act?

Correct! Wrong!

The Gujarat High Court has struck down a provision of the GST Act.

9. Which of these drugs, along with 3 other have been allowed by the Supreme Court for sale?

Correct! Wrong!

Supreme Court allowed the sale of the drug and three other banned fixed-dose combinations (FDCs). Saridon will be available in medical stores across the country.

10. Recently, India has signed 3 MoUs with which of these following nations?

Correct! Wrong!

India and Malta have signed three MoUs in the fields of Maritime Cooperation, Tourism and Training after delegation-level talks between Venkaiah Naidu (Vice President) and Ms. Marie-Louise Coleiro Preca (President of Malta).

11. Which two actors have been signed on to promote and endorse the Skill India Mission (SIM) chaired by Prime Minister Narendra Modi?

Correct! Wrong!

Varun Dhawan and Anushka Sharma have been signed on to promote and endorse the Skill India Mission (SIM), chaired by Prime Minister Narendra Modi.

12. _____________ and ____________ have signed an MoU for construction of a 5000-metric ton temperature controlled warehouse in Dambulla.

Correct! Wrong!

India and Sri Lanka signed a MoU for construction of a 5000-metric ton temperature controlled warehouse in Dambulla of Central Province, Sri Lanka.

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