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May 17, 2018

17th May 2018 Daily Current Affairs - PDF Download

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Dear Gr8Ambitionists, here are today's (17th May 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :) 


International Current Affairs
  • Today (17th May) is World Telecommunication and Information Society Day (WTISD 2018).
    • This day was proclaimed to be on 17 May by United Nations General Assembly resolution, following the 2005 World Summit on the Information Society in Tunis. 
    • ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Theme of WTISD 2018 :  "Enabling the positive use of Artificial Intelligence for All"
  • Japan today has enacted a new law to promote the participation of women in politics
    • The law urges political parties to field equal number of male and female candidates in national and local elections and set targets for gender parity.  
  • Philippine President Rodrigo Duterte today ordered to lift the ban on the deployment of Filipino workers to Kuwait. 
    • The ban was imposed after several incidents of abuse of Filipino workers and a murder of a Filipine domestic worker came to light.  
  • The World Health Organisation (WHO) has published its 1st 'essential diagnostics list', a catalogue of tests needed to diagnose the most common conditions as well as a number of global priority diseases.
    • The step was taken to address the problem of people's inability to access diagnostic services, thus failing to receive the correct treatment.
National Current Affairs
  • According to the Centre's Swachh Survekshan 2018, Indore has been named the cleanest city in India
    • Top 3 Cleanest Cities in India :
      • Indore
      • Bhopal 
      • Chandigarh
  • The Union Cabinet has approved the setting up of a Central University in the Anantapur district of Andhra Pradesh.
    • A provision of Rs. 450 crore has been approved for the first phase of establishing the university. 
    • Important Note : Andhra Pradesh had been left with no central university following its division into two states (AP & Telangana) in 2014.
  • According to Pension Fund Regulatory and Development Authority (PFRDA), the subscriber base of Atal Pension Yojana (APY) has crossed 1 crore subscribers mark since its launch in May 2015. 
    • Till date, the scheme has collected Rs. 3,950 crore of contribution from subscribers.
    • It has generated around 9.10% compounded annual growth rate (CAGR) since inception till March 2018.
    • Top 10 states in APY mobilisation
      • Uttar Pradesh (1,401,631), 
      • Bihar (1,061,660), 
      • Tamil Nadu (814,917), 
      • Maharashtra (758,695), 
      • Karnataka (686,504), 
      • Andhra Pradesh (686,504), 
      • West Bengal (551,471), 
      • Madhya Pradesh (498,111), 
      • Rajasthan (497,962) 
      • Gujarat (486,465).
People in News
  • Kami Rita, a 48-year-old Nepalese Sherpa scaled Mount Everest for the 22nd time, setting a record for the most successful climbs of the world's highest mountain.  
Banking, Business & Economic Affairs
  • The Union Cabinet has approved an initial corpus of 5000 crore rupees for Micro Irrigation Fund (MIF) with NABARD under Pradhan Mantri Krishi Sinchayee Yojana.
  • The shares of Syndicate Bank fell as much as 12.35% to a 9-year low after the bank posted its biggest quarterly loss of Rs. 2,195.12 crore for March quarter.  
  • Indian Institute of Management Ahmedabad’s (IIMA’s) Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched $25 million ‘Bharat Inclusion Initiative’ to fund start-ups. 
    • CIIE was founded at IIMA to support entrepreneurs and turn business ideas into viable businesses models. 
    • It partners with industry experts, mentors, corporates, IIMA community and investors to help incubate early-stage start-ups.
MOUs & Agreements
  • The Union Cabinet has approved the following Memorandum of Understandings (MoU) :
    • MOU for cooperation in the legal field between India and Morocco
      • This MoU will give an opportunity to the Lawyers, Law Officers and law students to discuss issues in the field of law and justice in seminars, symposiums and workshops arranged by authorities of both the countries.
    • MoU between India and Swaziland on cooperation in the field of Health and Medicine
    • MoU between India and Suriname on cooperation in the field of electoral management and administration including exchange of knowledge and experience in the field of organizational and technical development of electoral process.
    • MoU between India and Equatorial Guinea for cooperation in the field of Traditional Systems of Medicine.  
    • MoU between India and Colombia on establishing cooperation on Traditional Systems of Medicine of India
  • The NTPC Limited has signed Memorandum of Understanding (MoU) with Bihar Government to improve performance of power sector in the state. 
    • The MoU envisages transfer of three power generation facilities (Barauni Thermal Power Station, Kanti Bijlee Utpadan Nigam Limited (KBUN) and Nabinagar Power Generating Company (Pvt.) Limited (NPGC))in Bihar to NTPC. 
Science & Technology
  • China today launched its 1st privately developed rocket titled 'Chongqing Liangjiang Star'.
    • The launch of the rocket developed by 'OneSpace Technology' marks the first time a non-state Chinese rocket has successfully entered the orbit. 
    • The rocket can place a 100-kilogram load into orbit 800 kilometres from the earth, according to state media.
  • Facebook has introduced a feature called 'Voice Posts' in India which allows users to share voice messages on its platform. 
New Appointments
  • BS Yeddyurappa of Bharatiya Janata Party (BJP) took oath as the new Chief Minister of Karnataka.  
  • Lieutenant General Sukhdeep Sangwan has taken over the charge as the Director General of Assam Rifles
Sports Current Affairs
  • Brazilian professional footballer Neymar was named as France’s player of the year at an awards ceremony in Paris today
    • Neymar, the world’s most expensive player, scored 19 goals in just 20 league games for PSG before suffering a foot injury in February that required surgery.

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