Daily Current Affairs 22nd May 2018

National News

 
1. Ministry of Railway & Rail Vikas Nigam Limited Sign MoU
i. Annual MoU was signed between Ministry of Railway & Rail Vikas Nigam Limited (RVNL) regarding financial & non-financial targets for the company.

ii. Mr Ranjanesh Sahai, Secretary, Railway Board & Mr S.C. Agnihotri, Chairman & Managing Director, RVNL signed the MoU in New Delhi. The target for revenue from operations for RVNL has been set of Rs 7600 Cr for the FY 2018-19.

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Piyush Goyal is the present Railways Minister of India.
  • John Mathai was the 1st Railways Minister of Independent India.
2. Madhya Pradesh Launches ‘My MP Rojgar Portal’
i. The Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan has launched ‘My MP Rojgar Portal’ to provide jobs to youths as per their educational qualification, skills and interest and ensure availability of able candidates to employers as per the need of their business.
ii. The portal was launched as a part of the ‘Ham Chhu Lenge Asman’ Mukhyamantri Career Counselling programme ‘Pahal’ in Model School of Bhopal. It was prepared by the Madhya Pradesh Skill Development and Employment Generation Board under youth empowerment mission.

International News

 
3. 71st World Health Assembly Held in Geneva, Switzerland
i. The 71st World Health Assembly was held in Geneva, Switzerland. The Indian Delegation was led by Union Health Minister of India, Mr J P Nadda at World Health Assembly.
ii. The Event was held under the theme “Health for All: Commit To Universal Health Coverage”.  Mr Nadda also inaugurated ‘Walk the Talk’ event and gave a call ‘Health for all, Yoga for all’.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Switzerland Capital- Bern, Currency- Swiss franc.
4. International Day for Biological Diversity: 22 May
i. The International Day for Biological Diversity is observed across the world on May 22, with an aim to raise awareness about the conservation of biodiversity.
ii. The theme of International Day for Biological Diversity 2018 is ‘Celebrating 25 Years of Action for Biodiversity’ as the year 2018 marks the 25th anniversary of the Convention on Biological Diversity.

5. NYSE Names 1st Woman Chief in Exchange’s 226-year History

i. The New York Stock Exchange (NYSE) has promoted Stacey Cunningham to President, making her the first sole woman head of the 226-year-old exchange.
ii. The 43-year-old became NYSE’s Chief Operating Officer (COO) in June 2015. With Cunningham’s promotion, America’s leading two stock exchanges will be led by women after Adena Friedman took over as CEO of Nasdaq in January 2017.
6. Air Chief Marshal BS Dhanoa On 4-Day Visit to Israel
i. Indian Air Force Chief Marshal Birendra Singh Dhanoa left to Israel on a four-day tour of the country. In Israel, the Chief of the Air Staff will be attending a conference on ‘Air Superiority as a Bridge to Regional Stability’. The conference is part of the Israel Air Force’s 70th-anniversary celebrations.
ii. According to the Ministry of Defence, the conference will enable strategic dialogue between Israel’s highest leadership, innovative thinkers and the invited Air Force Commanders.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Israel Capital- Jerusalem, Currency- Israeli new shekel, Prime Minister- Benjamin Netanyahu.

Banking/Economy News


7. SBI Reports Loss Of Rs. 7,718 Crore In March Quarter: Report
i. State Bank of India (SBI), the country’s biggest lender, reported a loss of Rs. 7,718 crore in the January-March quarter, hurt by higher provisions for bad loans.

ii. The loss for the three months to March 31 was deeper than the expected Rs. 1,285 crore on average by 16 analysts, according to Thomson Reuters data.
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Established on- 01st July 1955.
8. India to Achieve 9% Growth Rate by 2022: NITI Aayog
i. NITI Aayog vice-chairman Rajiv Kumar exuded confidence that Indian economy will achieve 9% growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC).
ii. According to Mr Kumar, Indian economy grew by 6.6% in 2017-18 and expected to grow at 7.5% this fiscal.

Sports

 
9. Bala Prasath Wins Formula Junior Racing Series 2018 Championship
i. Coimbatore racer Bala Prasath has won the Formula Junior Racing Series 2018 Championship in Coimbatore, Tamil Nadu.

ii. Bala, who was trailing in second place after Round 1 with 91 points, was in his element in Round 2 at the Kari Motor Speedway.
10. Rafael Nadal Beats Zverev to Win Italian Open
i. In Tennis, Rafael Nadal of Spain has beaten Germany’s Alexander Zverev to win Italian Open title for a record eighth time.  With this win, Nadal regained the world number one ranking before the French Open beginning.
ii. He has now won three clay-court titles from four tournaments in the lead-up to his bid for an 11th Roland Garros title in Paris.
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