20th October 2018 Current Affairs

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Modi, Wickremesinghe held talks in Delhi

  • Prime Minister Narendra Modi held talks with his Sri Lankan counterpart Ranil Wickremesinghe on 20 October 2018.
  • They discussed a range of issues related to bilateral ties, including the progress of India-assisted development projects in the island nation.
  • Wickremesinghe is on a three-day visit to India for boosting ties in a range of areas, including trade, investment and maritime security.

Prez Kovind to inaugurate Peace Conference

  • President Ram Nath Kovind will inaugurate a three-day ‘Vishwa Shanti Ahimsa Sammelan’ (peace conference) in Nashik district of Maharashtra on October 22, 2018.
  • ‘Vishwa Shanti Ahimsa Sammelan’ is organised by Bhagwan Rishabhdev Murti Nirmaan Samiti.
  • President Kovind will also present the first international ‘Bhagwan Rishabhdev Award’ to Teerthanker Mahaveer University.

Druk Nyamrup to form new govt in Bhutan

  • The Druk Nyamrup Tshogpa (DNT) will form the new government in Bhutan.
  • The party has won 30 seats in 47 member National Assembly.
  • DNT President Dr Lotay Tshering won from South Thimphu constituency and he is set to form the new government.
  • This is the first time in Bhutan’s decade-old parliamentary democracy that a new party has been chosen to form the government.

RBI opposes the idea of PRB

  • The Reserve Bank of India (RBI) has opposed a proposal to set up a separate and independent regulator for the payments industry.
  • An inter-ministerial committee was set up by the Department of Economic Affairs to finalise amendments to the Payment & Settlement Systems (PSS) Act, 2007.
  • The committee has proposed the establishment of an independent Payments Regulatory Board (PRB).

IFC launched $1 billion masala bond programme

  • International Finance Corporation (IFC) has launched a $1 billion masala bond programme to fund its investment activities in India.
  • The first tranche of $100 million under the programme was issued on London Stock Exchange.
  • Masala bonds are rupee-denominated borrowings issued overseas.
  • IFC is a member of the World Bank Group.

Minal Patel awarded at White House

  • Minal Patel Davis has been honoured with a Presidential award by US Secretary of State Mike Pompeo.
  • She has been awarded for her extraordinary contribution towards combatting human trafficking in Houston.
  • She is the Special Advisor on Human Trafficking to Houston Mayor.
  • She is a past speaker at the United Nations World Humanitarian Summit.

Piyush Goyal received Carnot prize

  • Kleinman Center for Energy Policy at the University of Pennsylvania awarded 4th annual Carnot Prize to Union Minister Piyush Goyal.
  • Carnot Prize is the Kleinman Center’s annual recognition of distinguished contributions to energy policy through scholarship or practice.
  • Carnot Prize is named after French physicist Nicolas Sadi Carnot.

Sajaan Jindal elected as treasurer

  • World Steel Association (worldsteel) has elected JSW Steel CMD Sajjan Jindal as its treasurer.
  • The association has also appointed Tata Steel MD TV Narendran and ArcelorMittal Chief L N Mittal as its members.
  • The new officers are elected for a one-year period.
  • World Steel Association is the international trade body for the iron and steel

industry.

World Osteoporosis Day observed on 20 October

  • World Osteoporosis Day 2018 is observed on October 20.
  • The day is meant to raise awareness about osteoporosis, a condition which causes the bones to become weak and brittle.
  • World Osteoporosis Day 2018 calls for global action in order to improve bone health and prevent fractures caused by osteoporosis.
  • The day is organized by the International Osteoporosis Foundation (IOF).

Punjab extends 50% reservation for women

  • The Punjab Cabinet decided to extend the enhanced 50% reservation for women in the matter of rotation for the office of the panchayat sarpanch to the office of the chairperson of panchayat samitis and zila parishads.
  • The state government had enhanced reservation for women in these bodies from 33% to 50% in 2017.
  • The cabinet has now approved amendments to the Punjab Panchayati Raj Act, 1994.

World’s longest bridge to be opened on 24 Oct

  • The world’s longest sea bridge ‘Hong Kong-Zhuhai-Macao Bridge’ will be opened on 24 October 2018.
  • The 55-kilometre-long bridge is situated in the Lingdingyang waters of the Pearl River Estuary.
  • The bridge connects the cities of Hong Kong, Macau and Zhuhai across the South China Sea.
  • The construction of the bridge begun in December 2009.

Try out the quiz ?

1. Prime Minister Narendra Modi held talks with which country counterpart?

Correct! Wrong!

Prime Minister Narendra Modi held talks with his Sri Lankan counterpart Ranil Wickremesinghe on 20 October 2018. They discussed a range of issues related to bilateral ties, including the progress of India-assisted development projects in the island nation. Wickremesinghe is on a three-day visit to India for boosting ties in a range of areas, including trade, investment and maritime security.

2. In which district the President of India Ram Nath Kovind inaugurate a three day peace conference?

Correct! Wrong!

President Ram Nath Kovind will inaugurate a three-day ‘Vishwa Shanti Ahinsa Sammelan’ (peace conference) in Nashik district of Maharashtra on October 22, 2018. ‘Vishwa Shanti Ahimsa Sammelan’ is organised by Bhagwan Rishabhdev Murti Nirmaan Samiti. President Kovind will also present the first international ‘Bhagwan Rishabhdev Award’ to Teerthanker Mahaveer University.

3. Which of the following national parties will form new government in Bhutan ?

Correct! Wrong!

The Druk Nyamrup Tshogpa (DNT) will form the new government in Bhutan. The party has won 30 seats in 47 member National Assembly. DNT President Dr Lotay Tshering won from South Thimphu constituency and he is set to form the new government.

4. International Finance Corporation has launched a _________ masala bond programme to fund its investment activities in India.

Correct! Wrong!

International Finance Corporation (IFC) has launched a $1 billion masala bond programme to fund its investment activities in India. The first tranche of $100 million under the programme was issued on London Stock Exchange.

5. Who has been honoured with a Presidential award by US Secretary of State Mike Pompeo?

Correct! Wrong!

Minal Patel Davis has been honoured with a Presidential award by US Secretary of State Mike Pompeo. She has been awarded for her extraordinary contribution towards combatting human trafficking in Houston. She is the Special Advisor on Human Trafficking to Houston Mayor.

6. Who wins the 4th annual Carnot Prize?

Correct! Wrong!

Kleinman Center for Energy Policy at the University of Pennsylvania awarded 4th annual Carnot Prize to Union Minister Piyush Goyal. Carnot Prize is the Kleinman Center’s annual recognition of distinguished contributions to energy policy through scholarship or practice. Carnot Prize is named after French physicist Nicolas Sadi Carnot.

7. Who has been elected as treasurer of the World Steel Association?

Correct! Wrong!

World Steel Association (worldsteel) has elected JSW Steel CMD Sajjan Jindal as its treasurer. The association has also appointed Tata Steel MD TV Narendran and ArcelorMittal Chief L N Mittal as its members. The new officers are elected for a one-year period. World Steel Association is the international trade body for the iron and steel industry.

8. When did World Osteoporosis Day observed?

Correct! Wrong!

• World Osteoporosis Day 2018 is observed on October 20. • The day is meant to raise awareness about osteoporosis, a condition which causes the bones to become weak and brittle. • World Osteoporosis Day 2018 calls for global action in order to improve bone health and prevent fractures caused by osteoporosis. • The day is organized by the International Osteoporosis Foundation (IOF).

9. What is the extended percentage of reservation for women in Punjab?

Correct! Wrong!

• The Punjab Cabinet decided to extend the enhanced 50% reservation for women in the matter of rotation for the office of the panchayat sarpanch to the office of the chairperson of panchayat samitis and zila parishads. • The state government had enhanced reservation for women in these bodies from 33% to 50% in 2017. • The cabinet has now approved amendments to the Punjab Panchayati Raj Act, 1994.

10. What is the name of World’s longest sea bridge?

Correct! Wrong!

• The world’s longest sea bridge ‘Hong Kong-Zhuhai-Macao Bridge’ will be opened on 24 October 2018. • The 55-kilometre-long bridge is situated in the Lingdingyang waters of the Pearl River Estuary. • The bridge connects the cities of Hong Kong, Macau and Zhuhai across the South China Sea.

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