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July 21, 2018

21st July 2018 Daily Current Affairs - PDF Download

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Dear Great Ambitionists, here are today's (21st July 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :)

Daily Current Affairs of 21st July 2018

International Current Affairs
  • The 4th edition of BIMSTEC Summit will be held in Khatmandu (Nepal's capital) from 30th to 31st August 2018.
  • Main Focus of 4th BIMSTEC Summit : To increase connectivity between BIMSTEC nations including roads, airways and transmission lines. It will also give top priority connectivity and poverty alleviation.
  • About BIMSTEC :
    • BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
    • Formed on : 6th June 1997
    • Members : 7 (Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan, and Nepal)
    • Current Chair : Nepal
    • Last Summit (3rd BIMSTEC Summit) Held on : 4th March 2014
    • Host of 3rd BIMSTEC Summit : Nay Pyi Daw (Myanmar)
    • Host of 4th BIMSTEC Summit : Nepal (Khatmandu)
National Current Affairs
  • The Rajya Sabha today passed the Prevention of Corruption (Amendment) Bill, 2013.
    • This bill prescribes that anyone who is caught bribing government officials can be sentenced to a jail term of up to seven years. 
    • The bill also prescribes immunity for someone who declares, within a fortnight of bribing the official, that he/she was bullied into giving the bribe.
  • Bhartiya Janta Party (BJP) led National Democratic Alliance (NDA) Government has won No Confidence motion moved in Lok Sabha. 
    • This was first no-confidence motion against Narendra Modi government after it came to power in May 2014 and less than year before the next general elections.
  • The Supreme Court ordered today ordered that the Third-party insurance for a term of three years will be mandatory for Cars being sold from September 1.
    • The apex court also ruled that third-party insurance for a period of five years will be mandatory for two-wheelers
  • The 10th edition of Delhi Dialogue (DD X) was recently held in New Delhi.
    • This dialogue was hosted by Union External Affairs Minister Sushma Swaraj
    • Theme of 10th DDX : “Strengthening India-ASEAN Maritime Cooperation”. 
    • Note : This was the first major event organised after ASEAN-India Commemorative Summit, which was held in New Delhi in January 2018.
Awards & Honors
  • India's largest lender State Bank of India (SBI) has won he Mobile Banking Initiative of the Year (India) Award at the Asian Banking and Finance Retail Banking Awards, held in Singapore.
    • The lender won this award for revolutionizing mobile banking with it's integrated digital banking platform titled YONO.
Banking, Business & Economic Affairs
  • In today's meeting, the GST Council has decided to  exempt Sanitary Napkins from Goods and Services Tax.
    • Note : The current GST rate on sanitary napkins is 12%. 
  • The United States has released $200 million in military assistance to Ukraine
    • This aid will provide the funding for "training, equipment, and advisory efforts to build the defensive capacity of Ukraine's forces". 
  • The Maharashtra government has announced a special package worth over ₹21,000 crore for the development of industries, agriculture and tourism in the Vidarbha and Marathwada regions. 
    • The package will be utilised for setting up a skill university, hostels, and a dental college among other facilities.
MOUs & Agreements
  • The Power Grid Corporation of India (POWERGRID) has signed Memorandum of Understanding (MoU) with Uttar Pradesh Power Corporation (UPPCL) for energy efficiency and agricultural demand side management programme. 
    • POWERGRID and UPPCL are going to held further discussions to decide terms and conditions for replacement of agriculture pump sets in East and South DISCOMs of Uttar Pradesh. 
    • POWERGRID is contemplating investment of about Rs 2,200 to 2,500 crore in these projects, subject to necessary clearances.
Science & Technology
  • American online social media and social networking service company, Facebook has announced that it is working on a new satellite project, named Athena, which will provide broadband internet connections to rural and underserved areas
  • The National Bank for Agriculture and Rural Development (NABARD) has launched Centre for Climate Change in Lucknow, Uttar Pradesh.
    • This is first of its kind centre in South East Asia. 
    • It aims at accelerating concerted climate action by various stakeholders in government, private, financial and non -government sectors.
  • The National Aeronautics and Space Administration (NASA) has launched ‘Remote Sensing Toolkit’ to promote commercial use of satellite data. 
    • This toolkit makes it easier for users to find, analyse and utilise the most relevant satellite data for their research, business projects or conservation efforts.  

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