Daily Current Affairs : May 13, 2018

Daily Current Affairs (May 13, 2018) like many other sections is inevitable and this also helps to score in the Banking awareness , Static GK and Financial Awareness sections. Remember, Banking Awareness and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

NATIONAL

Customs and Postal Department hold First ever Joint Conference to deliberate on streamlining imports and exports by post:

Indian Customs and Department of India Posts held a First ever Joint Conference at Vigyan Bhavan in New Delhi.

To cater to the SMEs and to boost the Make in India program, Customs Department proposes new simplified procedures for exports and imports through India Post.

Commissioners of Customs from all the States having Foreign Post Offices (FPOs) were present along with their counterpart Post Master Generals.

Imports and exports by post are the 6th highest cited citizen grievances under CPGRAMs.

Maharashtra signs MoU with Centre’s GRIHA council for green buildings:

The Maharashtra government signed a MoU with the Centres Green Rating for Integrated Habitat Assessment (GRIHA) Council to train state PWD officials to rate government buildings.

As per the agreement signed, the GRIHA Council, a green rating body under the Union Ministry of New and Renewable Energy, would train PWD’s civil and electrical engineers and architects to rate government buildings as per its parameters.

Maharashtra

Capital: Mumbai

Chief Minister: Devendra Fadnavis

Governor: C. Vidyasagar Rao

Kerala and NTPC sign MoU for increasing solar power generation

The Kerala State Electricity Board has signed a memorandum of understanding with the National Thermal Power Corporation for increasing solar power generation in the state.

The MoU, signed, also includes an agreement to set up a 15 MW solar power unit at the NTPCNSE -0.62 % complex in Kayamkulam.

NTPC Director (Commercial) A K Gupta and KSEB CMD N S Pillai signed the MoU in the presence of Chief Minister Pinarayi Vijayan and state power minister M M Mani.

Kerala

Capital: Thiruvananthapuram

Chief Minister: Pinarayi Vijayan

Governor: P. Sathasivam

Government departments earmark Rs 16,500 crore for Swachh Bharat Mission in 2018-19:

A sum of Rs 16,500 crore has been earmarked by 71 ministries and departments of the central government for implementation of the Swachh Bharat Mission (SBM) in 2018-19.

The Swachhata Action Plan (SAP) 2018-19 was launched by Cabinet Secretary P K Sinha.

INTERNATIONAL

India and Peru Signs an Agreement in Field of Renewable Energy at Lima:

India and Peru signed an agreement in the field of Renewable Energy at Lima, Peru.

The pact was signed in the presence of Vice President M Venkaiah Naidu and the Prime Minister Cesar Villanueva Arevalo.

Peru

Capital: Lima

Currency: Sol

Punjab signs MoU with UK for setting up bio-gas, bio CNG plants:

The Punjab government signed a pact with the UK for setting up of bio-gas and bio-CNG plants in the state.

A Memorandum of Understanding (MoU) was signed in the presence of Punjab Finance Minister Manpreet Singh Badal and Andrew Ayre, deputy high commissioner, to find sustainable solutions to paddy straw burning, which has become a major environmental concern.

MoU has been signed with Rika Biofuels Development Ltd UK by Punjab Bureau of Industrial Promotion (PBIP) and Punjab Energy Development Agency (PEDA).

Punjab

Capital: Chandigarh

Governor: V. P. Singh Badnore

Chief Minister: Captain Amarinder Singh

UK

Capital: London

Currency: Pound sterling

PM Modi’s third Nepal visit starts off bus service between Janakpur and Ayodhya:

Prime Minister Narendra Modi and his Nepalese counterpart K P Sharma Oli jointly inaugurated a direct bus service between Janakpur and Ayodhya – the two sacred cities for Hindus.

The Indian government has identified 15 destinations in India for development under the Ramayana Circuit theme namely Ayodhya, Nandigram, Shringverpur & Chitrakoot (Uttar Pradesh), Sitamarhi, Buxar & Darbhanga (Bihar), Chitrakoot (Madhya Pradesh), Mahendragiri (Odisha), Jagdalpur (Chattisgarh), Nashik & Nagpur (Maharashtra), Bhadrachalam (Telangana), Hampi (Karnataka) and Rameshwaram (Tamil Nadu).

Nepal

Capital: Kathmandu

Currency: Nepalese rupee

U.S. cancels carbon monitoring project:

A NASA programme that cost $10 million per year to track carbon and methane, key greenhouse gases that contribute to global warming, has been cancelled.

The end of the programme is called the Carbon Monitoring System (CMS), which tracked sources and sinks for carbon and made high-resolution models of the planet’s flows of carbon was first reported by the journal Science.

BANKING & BUSINESS

RBI puts Dena Bank under prompt corrective action:

Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring.

The public sector lender reported widening of its net loss to Rs 1,225.42 crore in the March quarter on mounting bad loans and higher provisioning to cover them.

Dena Bank

Headquarters: Mumbai

CEO: Shri. Ashwani Kumar

Tagline: Trusted Family Bank

India’s growth to accelerate to 7.3% in next fiscal, says Fitch:

Credit rating agency Fitch has said that India’s economic growth will accelerate to 7.3 per cent in the current financial year ending March 2019 (FY19) and 7.5 per cent in the next fiscal (FY20).

In its second-quarter Sovereign Credit Overview for Asia Pacific region.

Fitch Ratings

Headquarters: New York, United States

CEO: Paul Taylor

APPOINTMENTS

Pawan Kumar Agarwal gets extension as CEO FSSAI:

Pawan Kumar Agarwal was given three months extension as Chief Executive Officer (CEO) of the Food Safety and Standards Authority of India (FSSAI).

He was appointed as the CEO of the FSSAI in December 2015.

Food Safety and Standards Authority of India (FSSAI)

Headquarters: New Delhi

Singer Mohit Chauhan roped in as Green Ambassador of Sikkim:

The Sikkim government has nominated Bollywood singer Mohit Chauhan as the Green Ambassador of the state.

The state government had earlier this year roped in AR Rahman as its ambassador to promote tourism in Sikkim.

AWARDS

British Council awards for three Indian alumni of UK universities:

Three Indian alumni of UK universities have been awarded by the British Council for their outstanding achievements and contribution to the country.

‘Professional Achievement Award’: Saumya Saxena, an alumni of the University of Cambridge and the University of Oxford 

‘Social Impact Award’: Ruchi Shah, a post graduate of the University of the Arts London. 

‘Entrepreneurial Award’: Sushant Desai, a post graduate from the University of Edinburgh.

BOOKS & AUTHOR

Book Release by Coas:

Gen Bipin Rawat, Chief of Army the Staff released the book ‘Across the Bench – Insight into the Indian Military Judicial System’ by Lt Gen Gyan Bhushan, former Army Commander and Member ‘A’, Armed Forces Tribunal, Lucknow Bench.

The book deals with military judicial system vis-a-vis command and management issues within the military establishments besides the whole gamut of issues relating to veterans, their families and dependents.

IMPORTANT DAYS

World Migratory Bird Day: May 12th  

World Migratory Bird Day (WMBD) is an annual awareness-raising campaign on May 12th every year, highlighting the need for the conservation of migratory birds and their habitats.

Theme of 2018: “Unifying our Voices for Bird Conservation”

Mother’s Day 2018: 13th May

Mother’s Day is celebrated on the second Sunday of May every year, is a special day chosen to honour motherhood and pay homage to the influence and contribution of mothers in building up a society.

Aspirants can attend the QUIZ for today’s CURRENT AFFAIRS in the exam format from the link that is mentioned below.

ATTEND – May 13, 2018 – CA QUIZ