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Daily Current Affairs of 9th September 2018
International Current Affairs
- Today is the Day of the Foundation of the Republic of North Korea.
- The Democratic People's Republic of Korea was established in the North was established on this day (9th September) in the year 1948.
- Important Points to Note :
- Capital : Pyongyang
- Official language : Korean
- Currency : North Korean won (₩)
- Supreme Leader : Kim Jong-un
- Today is Independence Day of Tajikistan.
- On this day Tajikistan got Independence from the Soviet Union in 1991.
- Important Points to Note :
- Capital - Dushanbe
- Official language - Tajik (Persian)
- Currency - Somoni
- President - Emomalii Rahmon
- Prime Minister - Kokhir Rasulzoda
- Nepal has refused to participate in the 1st ever joint military exercise among the armies of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) Nations that will be hosted by India next week.
- The Nepalese government faced criticism domestically as there were no formal agreements at diplomatic or political level over the drill.
- Note : The proposal for the joint military drill was first forwarded by the Indian Army in June, followed by an initial meeting of Bimstec senior army officials in New Delhi.
- China is participating in Exercise Kakadu, Australia's largest maritime drill for the first time.
- More than 3,000 personnel from 27 countries are taking part in the exercise, which is being held off the coast of Darwin in northern Australia.
- Other nations participating in the drill include India, Japan, South Korea, Thailand, New Zealand and Pakistan.
- Note : Indian Naval Ship Sahyadri has been participating in the exercise.
National Current Affairs
- The Defence Ministry today announced that Aero India 2019 will be held in Bengaluru from February 20-24 next year.
- Prime Minister Narendra Modi today announced that the government will issue a policy on electric vehicles and vehicles running on alternative fuels.
- This comes a day after Union Minister Nitin Gadkari said electric vehicles and vehicles based on alternate fuels will be exempted from road permits.
- The new policy will be aimed at strengthening e-mobility drive in the country.
Banking, Business & Economic Affairs
- The Reserve Bank of India (RBI) has announced that the undivided area of the single largest piece of a damaged ₹2,000 note must be 88 square cm for a full refund and 44 square cm for half refund.
- For exchanging ₹200 notes, 78 square cm of undivided area is needed for a full refund, and 39 square cm for half refund.
- The Reserve Bank of India (RBI) has imposed a ₹10 million penalty on Union Bank of India for failing to detect and report fraud on time.
- Note : RBI had issued a show cause notice to the bank on January 15, 2018 asking why a penalty not be imposed on Union Bank of India under the Act.
- After the launch of payments bank, the Indian Postal department has announced that it is going to set up an Insurance firm as a special business unit within two years.
- Note : At present, the postal department offers Life Insurance Schemes including Postal Life Insurance (PLI), Rural Postal Life Insurance (RPLI), among others.
- India is going to supply 160 railway passenger coaches to Sri Lanka valued at around $82.64 million.
- The agreement to supply the coaches custom-made in India was signed between state-owned RITES and the Sri Lankan government.
- The current contract is part of a $318-million agreement for the procurement of railway rolling stock and upgradation of rail tracks in Sri Lanka.
Awards & Honors
- The Panchayat and Rural Development Department, Assam has got 7 Awards from the Centre in implementation of Pradhan MantriAwas Yojana (PMAY)-Grameen in the state.
- Assam is conferred the Best State Award in the category of completion of PMAY-G houses amongst the Group I states consisting of North East and Himalayan states.
- The state has also bagged best three awards in district and block level.
- Kamrup, Dhemaji and Goalpara districts have received best three positions in North East while three blocks have also been selected for awards.
Science & Technology
- To help train medical students, US-based company Gaumard Scientific has developed a child robot called HAL.
- The robot, which is worth around ₹35 lakh. is made of sensors which give the robot a pulse, help respond to certain questions, bleed and convulse.
- The robot can also mimic emotions of distress, like grimacing, crying or shouting.
New Appointments
- HDFC Life's MD and CEO Amitabh Chaudhry has received the RBI's approval to be appointed as the MD and CEO of Private Sector Lender Axis Bank.
- He is going to replace present MD & CEO Shikha Sharma, and will take over the position from January 1, 2019.
- Dr Arif ur Rehman Alvi was sworn in as the 13th President of Pakistan today.
- Chief Justice of Pakistan Mian Saqib Nisar administered the oath to the 69-year-old at a ceremony in Islamabad.
Sports Current Affairs
- India captain Virat Kohli has become the fastest batsman to reach 18,000 runs in international cricket, achieving the feat in his 382nd innings during the fifth England Test on Saturday.
- He surpassed ex-Windies captain Brian Lara, who took 411 innings to reach the milestone.
- World number 19 Naomi Osaka won her maiden Grand Slam title after defeating her childhood idol and 23-time Grand Slam champion Serena Williams in the US Open women's singles final today.
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