Current Affairs Update – 18th October, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 18th October, 2016. These are important for the upcoming IBPS PO Mains, IBPS Clerk Mains, NIACL AO Mains and BOM PGDBF 2016 Exams.

Current Affairs at a Glance – 18th October, 2016

  1. Reserve Bank Governor Urjit Patel will chair the central board meeting in Kanpur on
    October 20
    . This is first such instance that RBI will hold the meeting
    at this industrial city of Uttar Pradesh.
  2. In an innovative marketing
    initiative, Bank
    of Baroda has acquired the semi naming rights of Sikanderpur Metro Station in
    Gurugram
    . This metro station will be re-named as “Bank of Baroda Sikanderpur” metro station.
  3. Ashok Leyland Ltd on 17 October 2016 unveiled its Circuit Series electric bus.
    They are India’s first such indigenously
    made vehicle
    .
  4. Prime Minster Narendra Modi on 18
    October 2016 inaugurated
    three hydropower projects of 1752 MW capacities in Himachal Pradesh
    .
    Inauguration of new hydropower projects will change economic horizon of
    Himachal Pradesh.
  5. Prime Minister Narendra Modi on
    Tuesday launched the National SC/ST Hub here to provide support to entrepreneurs
    from the community
    . With an initial outlay of Rs 490 crore, the hub
    will work towards strengthening market access/linkage, monitoring, capacity
    building, leveraging financial support schemes and sharing industry-best
    practices.
  6. India on 18 October 2016 completed
    its nuclear triad
    by inducting country’s first indigenously-constructed nuclear
    submarine INS Arihant into service
    .
  7. Amandeep Singh Gill was on 15 October 2016 appointed as the
    Ambassador of India to the UN Conference on Disarmament, Geneva. He is expected
    to take up the assignment shortly.
  8. Haryana Government today appointed international woman wrestler Geeta Phogat as
    a Deputy Superintendent of Police (DSP) in Haryana Police
    .
  9. Indian shuttler Saina Nehwal was
    appointed as a member of the International Olympic Committee’s (IOC) Athletes’
    Commission
    . Saina received a letter to the effect from the IOC President
    Thomas Bach on 17 October 2016.
  10. BRICS nations namely Brazil, Russia, India,
    China and South Africa
    on 16
    October inked three agreements to boost
    the bilateral cooperation
    . The agreements were inked in Goa, India during
    the eighth BRICS summit.
  11. The Film Society of Lincoln Center in the second week of October 2016 announced Robert De Niro as the recipient
    of the 44th Chaplin Award
    .

Finance/Banking –
RBI to hold first board meeting in Kanpur on Oct 20

  • Reserve Bank Governor Urjit Patel
    will chair the central board meeting in Kanpur on October 20.
  • This is first such instance that
    RBI will hold the meeting at this industrial city of Uttar Pradesh. It also
    happens to be the first central board meet under new Governor Patel.
  • Patel will reach Kanpur tomorrow
    evening and will have interaction with industrialists and technocrats here,
    said Deepesh Tewari, Manager (Personnel).
  • Tewari said there is no prior
    information about whether the Governor will interact with the media or not.

Bank of Baroda gets semi-naming rights for Sikanderpur metro station

  • In an innovative marketing
    initiative, Bank of Baroda has acquired the semi naming rights of Sikanderpur
    Metro Station in Gurugram. This metro station will be re-named as “Bank of Baroda
    Sikanderpur” metro station.
  • This is the first time that a
    public sector bank has bagged the naming right (semi naming right) of a metro
    station.
  • Sikanderpur, which is an
    interchanging metro station, is the first and only metro station that directly
    connects to Gurgaon Rapid Metro.
  • Daily around 85,000 people
    commute by this station, aggregating a whopping 300 lakh people a year.
  • This initiative is expected to
    enhance the visibility of BOB and reposition it in a different innovative
    branding league.

Ashok Leyland unveils India’s first indigenous electric bus

  • Ashok Leyland Ltd on 17 October
    2016 unveiled its Circuit Series electric bus. They are India’s first such
    indigenously made vehicle.
  • The buses are designed and
    engineered in India. They are specifically developed for Indian road
    conditions.
  • The zero-emission vehicle will be
    offered on multiple platforms and enjoys a subsidy under the government’s
    Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME)
    scheme. It can travel 150 km on a single charge.

PM Modi inaugurates 3 hydropower projects in Himachal Pradesh

  • Prime Minster Narendra Modi on 18
    October 2016 inaugurated three hydropower projects of 1752 MW capacities in
    Himachal Pradesh. Inauguration of new hydropower projects will change economic
    horizon of Himachal Pradesh.

The three hydropower projects are
  1. 540 Megawatt generation capacity
    third phase of Parbati hydro power project of NHPC in Kullu district
  2. 412 Megawatt Rampur project of
    Satluj Jal Vidyut Nigam Ltd in Shimla
  3. 800 Megawatt Kol Dam power
    project in Bilaspur district

Himachal Pradesh Governor Acharya
Devvrat, Chief Minister Virbhadra Singh, Union Health Minister JP Nadda and
Power Minister Piyush Goyal were present on the occasion.
India –
Modi launches National SC/ST Hub

  • Prime Minister Narendra Modi on
    Tuesday launched the National SC/ST Hub here to provide support to entrepreneurs
    from the community.
  • With an initial outlay of Rs 490
    crore, the hub will work towards strengthening market access/linkage,
    monitoring, capacity building, leveraging financial support schemes and sharing
    industry-best practices.
  • It will also enable central
    public sector enterprises to fulfill the procurement target set by the
    government.
  • The Public Procurement Policy
    2012 stipulates that 4 per cent of procurement done by ministries, departments
    and CPSEs will have to be from enterprises owned by SC/ST entrepreneurs.
  • The MSME sector, including the
    service segment, is a key driver of India’s economic growth as it contributes
    nearly 38 per cent to the country’s gross domestic product (GDP) and employs
    close to 11 crore people.
  • Finance Minister Arun Jaitley in
    his budget speech had announced the setting up of the National SC/ST Hub under
    the MSME Ministry.

India completes nuclear triad with INS Arihant

  • India on 18 October 2016
    completed its nuclear triad by inducting country’s first
    indigenously-constructed nuclear submarine INS Arihant into service.
  • INS Arihant was formally
    commissioned by Navy Chief Admiral Sunil Lanba in August 2016.
  • INS Arihant is the lead ship of
    India’s Arihant class of nuclear-powered ballistic missile submarines.

National Summit on Fortification of Food inaugurated in New Delhi
  • Anupriya Patel, Minister of State
    for Health and Family Welfare, on 16 October 2016 inaugurated National Summit
    on Fortification of Food in New Delhi.
  • The Summit was inaugurated to
    address interventions in combating micronutrient malnutrition in the country.
  • The two day summit was co-hosted
    by the Food Safety and Standards Authority of India (FSSAI) in partnership with
    related union ministries/departments and development partners.
  • During the Summit, Patel also
    released the standards on fortification of foods and launched the food
    fortification logo.

Appointments –
Amandeep Singh Gill appointed as India’s Ambassador to UN Conference on
Disarmament, Geneva
  • Amandeep Singh Gill was on 15
    October 2016 appointed as the Ambassador of India to the UN Conference on
    Disarmament, Geneva. He is expected to take up the assignment shortly.
  • Gill is an Indian Foreign Service
    (IFS) officer of 1992 batch.
  • Gill’s diplomatic career includes
    assignments in Switzerland, Sri Lanka, Iran, and the Permanent Mission of India
    to the UN.

Geeta Phogat appointed DSP in Haryana Police

  • Haryana Government today
    appointed international woman wrestler Geeta Phogat as a Deputy Superintendent
    of Police (DSP) in Haryana Police.
  • A proposal of the Home Department
    was approved at a meeting of the state cabinet here today presided over by
    Chief Minister Manohar Lal Khattar.
  • An official spokesman said that
    Phogat is a graduate and a sportsperson of international repute. She is also a
    gold medallist of the 2010 Commonwealth Games in Delhi.

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Sports –
Saina Nehwal appointed member of IOC’s Athletes’ Commission

  • Indian shuttler Saina Nehwal was
    appointed as a member of the International Olympic Committee’s (IOC) Athletes’
    Commission. Saina received a letter to the effect from the IOC President Thomas
    Bach on 17 October 2016.
  • The letter read it is great
    pleasure to appoint you in consultation with the Chair, as Member of the
    Athletes’ Commission. This member can be termed as a rare honour for the Indian
    sportsperson.
  • The Athletes’ Commission is
    chaired by Angela Ruggiero and it comprises nine vice presidents and 10 other
    members. Saina’s appointment to the prestigious panel has come just when she is
    set to resume practice after recovering from a knee injury.

Indian Wrestlers bagged four medals at 2016 TAFISA World Games

  • Indian grapplers in October 2016
    clinched four medals, including a gold medal, at the  sixth edition of the TAFISA World Games in
    Jakarta, Indonesia.
  • Wrestler Dalmiya bagged the
    yellow metal in 60kg category after outplaying Muhammad Sahan of Azerbaijan 4-1
    in the summit clash.

Other grapplers to win medal were
  • Luv Singh – He clinched silver
    medal in the 80 kg category. In the summit clash, Luv Singh faced a 1-5 defeat
    by Muhammad Alim of Azerbaijan.
  • Naveen Kumar – He clinched bronze
    medal in 90 Kg category. He defeated Oleg of Lithuania 5-2 to claim the bronze
    medal.
  • Josil – He clinched bronze medal
    in the in the super heavyweight section. He defeated Mustafa Sultani of
    Afghanistan 3-1 to win the bronze medal for the country.

World –
BRICS nations signed three agreements

  • BRICS nations namely Brazil,
    Russia, India, China and South Africa on 16 October inked three agreements to
    boost the bilateral cooperation. The agreements were inked in Goa, India during
    the eighth BRICS summit.
  • The eight BRICS summit was held
    from 15 to 16 October under the theme Building Responsive, Inclusive and
    Collective Solutions.

List of MoUs signed by BRICS Countries include
  • MoU for Establishment of BRICS
    Agricultural Research Platform
  • MoU on Mutual Cooperation between
    Diplomatic Academies
  • Regulations on Customs
    Cooperation Committee of the BRICS

China successfully launches longest Manned Space Mission
  • China on 17 October 2016
    successfully launched a manned spacecraft Shenzhou-11 carrying two astronauts.
    This was China’s longest-ever manned space mission.
  • The ‘Shenzhou-11’ spacecraft was
    put into orbit by a Long March-2F carrier rocket after the launch. It was
    launched into space from the Jiuquan Satellite Launch Centre near the Gobi
    Desert in northwest China.
  • Wu Ping, Deputy Director of
    China’s manned space engineering office said that the spacecraft will dock with
    orbiting space lab Tiangong-2 in two days and the astronauts, namely Jing
    Haipeng (50) and Chen Dong (38), will stay in the lab for 30 days.

Awards & Honors –
Robert De Niro to be honoured with Chaplin Award by Film Society of
Lincoln Center
  • The Film Society of Lincoln
    Center in the second week of October 2016 announced Robert De Niro as the
    recipient of the 44th Chaplin Award.
  • De Niro will be presented with
    the award at an award gala on 8 May 2017.

Regards

Team ExamPundit