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August 16, 2018

16th August 2018 Daily Current Affairs - PDF Download

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Dear Great Ambitionists, here are today's (16th August 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :)

Daily Current Affairs of 16th August 2018


International Current Affairs
  • New Zealand's parliament today passed a bill banning the sale of existing homes to foreign buyers.
    • The government said the ban would lower the cost of homes, and supply would increase. 
    • The ban applies to all nationalities, except foreigners with residency status and buyers from Singapore and Australia.
  • On the occasion of its 72nd Independence Day, India gifted 30 ambulances and 6 buses to the hospitals, charitable organisations and educational institutions of Nepal.
  • The 24th World Congress of Philosophy (WCP) is being held in Beijing, China.
    • For the first time China is hosting the quinquennial (once in five year) event. 
    • This congress is being organized by the International Federation of Philosophical Societies, and Peking University. 
    • Theme of 24th WCP 2018 : “Learning To Be Human”.
National Current Affairs
  • The Uttar Pradesh government has approached the Centre for its approval to rename Bareilly Airport to 'Nath Nagri'.
    • Note : 'Nath Nagri' is believed to be an ancient name of the city which had worshippers of Lord Shiva. 
  • The first project under Swadesh Darshan Scheme North East Circuit: Imphal and Khongjom’ was inaugurated in Manipur. 
    • The project covers two sites i.e. Kangla Fort and Khongjom in Manipur. 
    • Under this project, the Union Tourism Ministry has carried out works such as restoration and improvement of outer and inner moat of old Govindajee Temple and rejuvenation of sacred ponds, reconstruction of old rampart, among others.
Science & Technology
  • The Indian Space Research Organisation (ISRO) is going to put an Indian astronaut in space in its 1st manned mission by 2022 for at least seven days at a cost of less than ₹10,000 crore.
    • ISRO has already tested the crew module and crew escape systems. 
    • The Indian Air Force (IAF) will select the astronaut, who will be trained overseas.
    • Chairman of ISRO : K Sivan
  • The Food Safety and Standards Authority of India (FSSAI) launched RUCO (Repurpose Used Cooking Oil) initiative to enable collection and conversion of used cooking oil to biodiesel. 
    • Under this initiative, 64 companies at 101 locations have been identified to enable collection of used cooking oil.
Books & Authors
  • Union Minister for Oil and Natural Gas Dharmendra Pradhan launched the Odia edition of the book ‘Exam Warriors’ written by Prime Minister Narendra Modi in Bhubaneswar, Odisha.
New Appointments
  • Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari announced the appointment of Bollywood actor Akshay Kumar as Road Safety Brand Ambassador.
  • Asad Qaiser of Pakistan Tehrik-e Insaf (PTI) party has been elected as the Speaker of Pakistan’s parliament
  • IAS officer K S Srinivas has taken over as Chairman of Marine Products Export Development Authority (MPEDA). 
    • Prior to this appoitment, he had served as Joint Secretary in Department of Agriculture Cooperation and Farmers’ Welfare in Ministry of Agriculture.
Banking, Business & Economic Affairs
  • Qatar today pledged $15 billion (over ₹1 lakh crore) of investment in Turkey to support the country's economy. 
    • This comes as Turkey faces a currency crisis amid a diplomatic stand-off with US. 
    • Note : Turkish currency lira has lost nearly 40% against the dollar this year.
  • India has released additional Rs. 470 million (Nepali) for Phase I of Postal Highway Project being constructed in Southern Plains of Nepal
    • The amount released will help to maintain fund liquidity for ongoing construction of 14 road packages under Postal Highway Project.
  • United States has announced to grant $39 million as part its foreign military financing to Sri Lanka to boost maritime security. 
    • The US funding for Sri Lanka is part of its $300 million set aside for South and Southeast Asia to ensure free, open, and rules-based order in the Indo-Pacific region.
Awards & Honors
  • Three US scientists James Allison, Carl June and Steven Rosenberg were declared winners of the prestigious Albany Medical Center Prize in Medicine and Biomedical Research for the year 2018. 
    • They are being honored with this award in recognition to their leading role in the development of immunotherapy to treat cancer.
    • Note : Albany Medical Center Prize is United States’ second highest value prize in medicine and biomedical research, awarded by the Albany Medical Center. 
Deaths
  • Former Prime Minister and Bharat Ratna awardee Atal Bihari Vajpayee (93) passed away.
    • He was the 10th Prime Minister of India.  
    • He served as the Prime Minister of India for three times (13 days in 1996, 11 months during 1998-99, Full term during 1999-2004).
  • Former India Test captain Ajit Wadekar (77) passed away.
    • He played 37 Tests for India, making his debut in 1966 against the West Indies, and was named the national team captain in 1971. 
    • He was also part of the Indian team that played its first-ever ODI in 1974.
Sports Current Affairs
  • Kerala's Nihal Sarin has become India's 53rd Grandmaster after attaining his third and final GM-Norm by drawing in the eighth round of Abu Dhabi Masters against Uzbekistan's Temur Kuybokarov. 
    • Note : The 14-year-old is the 12th youngest grandmaster in chess history.
  • Manchester City midfielder 32 year old David Silva announced his retirement from international football.
 
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