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Dear Gr8Ambitionists, here are today's (19th May 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :)
Download PDF Version of 19th May 2018 Current Affairs from HERE
International current Affairs
- UK's Prince Harry has been given the title 'Duke of Sussex' by his grandmother Queen Elizabeth II, ahead of his wedding to American actress Meghan Markle today.
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- Markle will become 'Duchess of Sussex' after this wedding.
- The other titles given to Prince Harry are 'Earl of Dumbarton' and 'Baron Kilkeel'.
- China's Air Force has landed bombers on islands and reefs of South China Sea as part of a training exercise in the disputed region.
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- The bombers include nuclear strike-capable H-6K to improve China's ability to "reach all territory and strike in all directions".
- Note : Countries like Vietnam and Taiwan also claim parts of the region.
National Current Affairs
- PM Narendra Modi today laid the foundation stone for India's longest road tunnel on the Srinagar-Leh National Highway in Jammu and Kashmir.
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- The over 14-km-long Zojila tunnel will shorten the distance between Srinagar and Leh from 3.5 hours to 15 minutes.
- Note : It will also be Asia's longest bidirectional tunnel and will cost around Rs. 6,809 crore to build.
- BS Yeddyurappa today resigned 55 hours after taking oath as the Karnataka CM, ahead of the floor test.
- The Centre has launched a clean-up drive for 24 beaches and 24 polluted water bodies with special focus on the Yamuna waterfront in Delhi.
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- The Union Environment Ministry has allocated Rs. 10 lakh for each beach and water body.
- Important Note : This is being done ahead of the World Environment Day on June 5, which will be hosted by India this year.
- The Centre has approved Rs. 685-crore relief funds for ensuring that Punjab farmers do not resort to burning stubble.
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- Note ; Punjab, Haryana, and Uttar Pradesh collectively burn 23 million tonne stubble between October and November.
Awards & Honors
- The NMDC (National Mineral Development Corporation) Limited has bagged the prestigious S&P Global PLATTS Global Metals Award 2018 in corporate social responsibility (CSR) category held at London.
Banking, Business & Economic Affairs
- The Reserve Bank of India (RBI)'s Monetary Policy Committee will meet for three days in June for the second bi-monthly policy review instead of the usual two days for the first time ever.
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- The central bank said that the change in schedule is due to "administrative" reasons.
- The RBI said the meeting would be held from June 4-6, instead of scheduled dates of June 5-6.
- The RBI today imposed a penalty of Rs. 5 crore on South Indian Bank for non-compliance with directions issued by it.
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- The non-compliance pertained to bad loan classification, Know Your Customer (KYC) guidelines and treasury function.
- Note : In April, RBI had slapped a fine of Rs. 3 crore on IDBI Bank for failing to comply with norms related to reporting of bad loans.
- The Reserve Bank of India has imposed a penalty of Rs. 50,000/- on Universal Co-operative Urban Bank, Mancherial, Telangana.
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- The penalty has been imposed on the bank as it had violated RBI’s directive and guidelines on loans and advances to directors and their relatives.
Deaths
- Acclaimed Telugu writer and recipient of Sahitya Akademi award, Peddibhotla Subbaramaiah (79), passed away.
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- He has written more than 350 stories and penned eight novels, and several of them were translated in English and other languages too.
- The late writer shot to fame with his compilation of stories Peddibhotla Subbaramaiah Kadhalu-1 for which he won the prestigious Sahitya Akademi award in 2012.
New Appointments
- The US Senate today voted in favour of appointing US President Donald Trump's nominee Gina Haspel as intelligence agency CIA's Director.
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- With her appointment, Haspel became the first woman to lead the spy agency.
- Fox News has named Suzanne Scott as its first-ever female CEO after Roger Ailes was ousted as CEO in 2016 amid sexual harassment allegations.
- Hindustan Unilever (HUL) Non-Executive Chairman Harish Manwani has been appointed as an Independent Director of Tata Sons.
- The U.S India Business Council named Ambika Sharma as its head for India.
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- Ms. Sharma was Director General for International at the Federation of Indian Chambers of Commerce and Industry (FICCI).
- Karnataka Governor Vajubhai Vala has named BJP MLA and ex-Assembly Speaker KG Bopaiah as the protem Speaker ahead of the floor test at 4 pm today.
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- Note : A protem Speaker serves for a limited period of time until a permanent one is appointed to the office and is said to be selected on the basis of seniority.
- Justice Ramalingam Sudhakar was sworn-in as the Chief Justice of Manipur High Court.
Sports Current Affairs
- South Africa-born former England captain Kevin Pietersen is set to become the first ever foreign player to deliver the annual MAK Pataudi Memorial Lecture on June 12 in Bengaluru.
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- Previous speakers include former India cricketers, Sunil Gavaskar, VVS Laxman, Anil Kumble, Rahul Dravid and Farokh Engineer.
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