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.

• 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.

• 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 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.

• 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.

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

• 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 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.

• 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.

• 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.

• 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.

• 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 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.

• 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.

• 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.

• MoU for Establishment of BRICS
  Agricultural Research Platform
• MoU on Mutual Cooperation between
  Diplomatic Academies
• Regulations on Customs
  Cooperation Committee of the BRICS

• 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.

• 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