Daily Current Affairs ( Oct 17, 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.


2 MoUs signed between India And Tanzania Sign

India and Tanzania has signed two Memoranda of Understandings (MoUs) in presence of External Affairs Minister Sushma Swaraj and Tanzanian Foreign Minister Dr. Augustine Mahiga in New Delhi.

The MoUs are between Foreign Service Institute of India and Centre for Foreign Relation, Tanzania and National Research Development Corporation and Tanzania Industrial Research and Development Corporation.

The agreements were signed following India-Tanzania 9th Session of Joint Commission on Economic, Technical and Scientific Cooperation in New Delhi.


Capital: Dodoma

Currency: Tanzanian shilling

Government Announces Rs 100 Crore Award For States Completing Household Electrification Early

Government has announced 100 crore rupee award for states that would complete the household electrification early under the Saubhagaya scheme.

Apart from discoms, employees would also collectively get 50 lakh rupees award for completing the task of electrifying households under the scheme which was launched by Prime Minister Narendra Modi in September last year.

Uttar Pradesh renamed Allahabad To Prayagraj

The Uttar Pradesh cabinet has approved a proposal to rename Allahabad as ‘Prayagraj’ amid protests by the opposition parties.The city of Allahabad was originally known as Prayag in ancient times.

The city’s original name Prayag, which means a “place of offerings”, comes from its position at the Sangam of the rivers Ganga and Yamuna and the mythical river, Saraswati.


Nimesh Shah appointed as AMFI Chairman

Nimesh Shah , MD & CEO of ICICI Prudential Asset Management Company, was elected the chairperson of the fund industry trade body AMFI. Kailash Kulkarni, CEO, L&T Mutual Fund continues to be the Vice Chairperson. As per AMFI data, the Indian mutual fund industry manages nearly 21 lakh crore of assets (Average AUM July-Sept 2018).

For his remarkable contribution, Shah was conferred with the India Asset Management CEO of the Year – 2014 by Asia Asset Management. Recently, Global Banking & Finance review honored him with the Best Asset Management CEO India – 2017.

China launches twin BeiDou-3 navigation satellites to speed up GPS-style system

China successfully launched twin BeiDou-3 navigation satellites into space to strengthen its satellite navigation network being built to rival the US’ Global Positioning System (GPS).

The satellites were launched from a Long March-3B carrier rocket from Xichang Satellite Launch Centre in Sichuan province. It will work with the 14 BeiDou-3 satellites already in orbit.

The satellites and rocket were developed by the Innovation Academy for Microsatellites of the Chinese Academy of Sciences and the China Academy of Launch Vehicle Technology, respectively. The launch was the 287th mission of the Long March rocket series.

Named after the Chinese term for the Big Dipper, the BeiDou system started serving China in 2000 and the Asia-Pacific region in 2012.

Nokia appoints Alia Bhatt as brand ambassador in India

The HMD Global, which designs and sells phones under the Nokia brand, has appointed Bollywood actress Alia Bhatt as the ‘face of Nokia phones’ in India.

As part of the partnership, a print campaign with Bhatt has been initiated already to mark the festive season.

Over the last 22 years, Nokia has been an integral part of India’s progress in technology and connectivity.


H M Pernal gets Vishwa Konkani book award

‘Beeg Ani Beegath’, a collection of short stories in Konkani by well-known writer, journalist and critic H M Pernal has bagged the prestigious ‘Vimala V Pai Vishwa’ Konkani best book award for the year 2018.

Konkani poet Sharathchandra Shenoy from Kochi won the Vishwa Konkani best poetry award for his book ‘Idam Na Mama,’ while Vishwanath M Shet from Uttara Kannada bagged the Vishwa Konkani lifetime achievement award. Each award carries a purse of Rs one lakh each.

H M Pernal is the pen name of Henry M Mendonca, a native of Pernal in Udupi district, who currently lives in Mangaluru.

‘Beeg Ani Beegath’ is his second short story collection after ‘Devak Sodullo Pado’ published in 2002.

Anna Burns wins Man Booker Prize for ‘Milkman’

Anna Burns has become the first Northern Irish author to win the Man Booker prize, taking the £50,000 award for Milkma.

The “Milkman” tells the coming-of-age story of a young girl’s affair with an older man. It is a story of brutality, sexual encroachment and resistance threaded with mordant humour.

Established in 1969, the annual literary prize recognises the judges choice of “the best original novel written in English and published in the UK”.


India is the world’s most depressed country

India is the world’s most depressed country, closely followed by China and the US

According to a World Health Organization report, India is the world’s most depressed country, closely followed by China and the US. According to the 2015-16 National Mental Health Survey (NMHS), every sixth person in India needs mental health help of some sort. Of all the age groups, it is the adolescents who need it the most.

At least 6.5 per cent of the Indian population suffer from some form of the serious mental disorder, with no discernible rural-urban differences.


Vice President Releases Biography Of Anumolu Ramakrishna

Vice President M Venkaiah Naidu released a biography of late Anumolu Ramakrishna, a pioneer in the application of innovative systems and construction techniques in the Indian construction sector.

The biography titled ‘Building a Legacy’ is authored by city-based Chartered Accountant V Pattabhi Ram.

Ramakrishna, the former President and Managing Director at Larsen and Toubro, was posthumously awarded Padma Bhushan in 2014.

Final Book of Stephen Hawking Released

The “Brief Answers to the Big Questions”, the final book by Stephen Hawking was launched at the Science Museum in London, Britain. The final writings of world-famous physicist Stephen Hawking have been compiled in a book.

The book was completed by his family after his death and presents answers to the questions that Hawking said he received most during his time on Earth.

In Brief Answers to the Big Questions, Hawking looks at the origins of our planet, the controversial role of genetics and the threat of artificial intelligence.


Youth Olympic Games 2018: Suraj Panwar Wins India’s 1st Athletics Medal

Suraj Panwar won India’s first medal in athletics at the third Youth Olympic Games in Buenos Aires, Argentina.

Ecuador’s Oscar Patin clinched gold medal and Suraj Panwar got silver medal.Meanwhile, Puerto Rico’s Jan Moreu finished third to get the bronze medal.

This is India’s first athletics medal in this edition and third overall. Arjun (men’s discus throw) and Durgesh Kumar (men’s 400m hurdles) had won a silver each in the inaugural edition in 2010.


International Day For The Eradication Of Poverty: 17 October

The International Day For The Eradication Of Poverty is observed every year on October 17. This year marks the 70th anniversary of the proclamation of the Universal Declaration of Human Rights.

Theme 2018: Coming together with those furthest behind to build an inclusive world of universal respect for human rights and dignity.