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CURRENT AFFAIRS OCTOBER 1 TO 10 2018 BANK EXAMS.SSCGL/TNPSC VAO AND OTHER EXAMS./LIC AND OTHER GENERAL INSURANCE COMPANY EXAMS)



Important Current Affairs 01st October 2018
RBI to pump Rs 360 bn into bond markets
The Reserve Bank of India (RBI) would pump Rs 360 billion into money markets in October to stem fears of a cascading credit crunch.The auctions would be conducted during the second, third and fourth week of October.The government will effectively cut its market borrowing by Rs 700 billion due to higher-than-expected earnings of Rs 750 billion through its small savings scheme.
Harmonium exponent Tulsidas Borkar passed away
Renowned harmonium player Pandit Tulsidas Borkar passed away in Mumbai.Borkar was conferred with the Padma Shri award in 2016 and also the Sangeet Natak Akademi Award.He had accompanied legendary singers such as Ustad Amir Khan, Bhimsen Joshi and Kishori Amonkar.Borkar was known for both solo performances as well as his unique style of accompanying Indian classical singers.
5th World Internet Conference in China
China will hold the fifth World Internet Conference (WIC) in its river town of Wuzhen on November 7-9 2019.Theme:  “creating a digital world for mutual trust and collective governance – towards a community with a shared future in cyberspace”.The conference will advocate exchanges, mutual learning, cooperation and sharing in the digital fields.
7-member panel set up on ‘calamity tax’
The GST Council has set up a seven-member Group of Minister (GoM) panel.The panel will examine the legality of imposing a new tax on certain goods and services to raise resources for natural calamity-hit states.The seven-member Group of Ministers (GoM), would include representatives from North-Eastern, hilly and coastal states.
‘NABARAD Grameena Habba’ in Bengaluru
National Bank for Agriculture and Rural Development is organizing “Grameena Habba” at Bengaluru.Habba is an exhibition cum sale of rural artisan products September 28- Oct 7, 2018.It would expand the market for weavers, rural artisans and craftsmen etc.NABARD supports rural artisans via its special fund ‘Gramya Vikas Nidhi’ that promotes rural innovation, rural livelihood options etc.
Goa, Portugal signed MoU on water management
A Memorandum of Understanding (MoU) has been signed between the Portuguese Environment Ministry and the Public Works Department of Goa.The MoU proposes technical partnership in the areas of water supply operation and energy efficiency,As part of the MoU, the assessment of two of the biggest water treatment and supply plants at Selaulim and Opa in Goa would be undertaken.
New LNG terminal at Anjar inaugurated
The Prime Minister, Narendra Modi inaugurated the Mundra LNG terminal, the Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar, Gujarat on 30 September 2018.The LNG terminal is promoted by Gujarat State Petroleum Corporation Ltd.India has two more LNG terminals, Dabhol in Maharashtra and Kochi in Kerala.
1st corn festival of country in Chhindwara
The first corn festival of the country held in Chhindwara in Madhya Pradesh from 29-30 Sept.The event will see scientists working on maize from across the country who will share their knowledge of the new developments and opportunities for corn based products.Madhya Pradesh is one of the largest corn producing states in India with Chhindwara being the highest corn producing district.
SATAT initiative launched by Petroleum Min
The government of India launched ‘SATAT’ initiative to promote Compressed Bio-Gas (CBG) as an alternative fuel.The initiative is aimed at providing a Sustainable Alternative Towards Affordable Transportation (SATAT) as a developmental effort that would benefit both vehicle-users as well as farmers and entrepreneurs.Use of CBG will also help bring down dependency on crude oil imports.
Wage Compensation Scheme for pregnant women
Assam government launched a wage compensation scheme for Pregnant Women in tea gardens of the state.The scheme will provide better health and nutrition supplements to the pregnant women.An amount of Rs.12,000 will be given to the pregnant woman to take care of herself and unborn baby.The wage compensation scheme will reduce maternal and neonatal mortality in the tea areas of Assam.
VP to give “Vayoshreshtha Samman-2018”
The Vice President of India M. Venkiah Naidu gave “Vayoshreshtha Samman-2018” to senior citizens on October 1, 2018.The award is given to eminent senior citizens and institutions in recognition of their services towards the cause of the elderly persons.Vayoshreshtha Samman is a Scheme of National Awards instituted by the Ministry of Social Justice & Empowerment.
Sale of micro insurance via PoS allowed
Insurance regulator IRDAI has allowed the distribution of all micro-insurance products through point-of-sales (PoS).It aims to increase insurance penetration in the country.Micro-insurance policies are designed to promote insurance coverage among economically vulnerable sections.A micro-insurance policy is a general or life insurance policy with a sum assured of Rs. 50,000 or less.
Madhya Pradesh to have cow ministry
Madhya Pradesh CM Shivraj Singh Chouhan announced the setting up of a ministry for cows.The cow ministry will replace the existing Madhya Pradesh Gaupalan Evam Pashudhan Samvardhan Board (MPGEPSB).If Madhya Pradesh implements the decision, it will become the second Indian state after Rajasthan to get a cow ministry.
livestock census commenced from Oct. 1
The 20th Livestock Census will be conducted in all States and Union Territories from October 1, 2018.The 20th Livestock Census would, for the first time, capture breed-wise headcount of livestock and poultryThe Census would help in identifying the threatened indigenous breeds.The exercise would also cover fisheries.
Peace Padyatra in in the Red heartland
Around 150 people, from various states affected by the Maoist insurgency, will begin a 186-km long ‘Peace Padyatra’ on 1 Oct.The Peace Padyatra will start from the Shabri Gandhi Ashram in East Godavari district of Andhra Pradesh to the Jagdalpur town of Bastar.The padyatris will walk along the National Highway 30, that passes through the  Sukma district of Chhattisgarh.
Good samaritan bill of Karnataka approved
Karnataka has become the first state in the country to give legal protection to good Samaritans.President Ram Nath Kovind has given assent to Karnataka Good Samaritan and Medical Professional (Protection and Regulation during Emergency Situations) Bill, 2016.The bill aims to provide legal protection to the good samaritans in Karnataka, who help accident victims with emergency medical care.
NITI Aayog and Oracle sign SoI
NITI Aayog and Oracle signed a Statement of Intent (SoI) to pilot a real drug supply-chain using blockchain distributed ledger and Internet of Things (IoT) softwareThe SoI was signed in order to fight the growing problem of counterfeit drugs in India.Apollo Hospitals and Strides Pharma Sciences will partner in this effort.
Yuvraj Wadhwani won Asian Junior Squash title
India’s Yuvraj Wadhwani won Asian Junior Squash Championship title on 30 September, 2018.Yuvraj has become the second Indian to win the Under-13 title after Veer Chotrani, who had won the title in 2014 in Iran.Overall, Indian squash players won one gold, one silver and four bronze medals.
Int Day of Older Persons observed on 1st Oct
International Day of Older Persons is observed on 1st October every year.The theme for 2018 is ‘Celebrating Older Human Rights champions’.The objective of the International Day for Older Persons is to recognise the contributions of older persons and to examine issues that affect their lives.
Govt sets up Competition Law Review Committee
The Government has constituted a Competition Law Review Committee to review the Competition Act.The committee will be headed by corporate affairs secretary Injeti Srinivas.The committee will review the competition regulations in India.The Competition Act was passed in 2002 and the Competition Commission of India was set up in 2009.

Important Current Affairs 02nd October 2018
AM Raghunath Nambiar takes over as AOC-in-C
Air Marshal Raghunath Nambiar on October 1, 2018, took over as the Air Officer Commanding-in-Chief (AOC-in-C) of the Eastern Air Command.He is also a member of the Society of Experimental Test Pilots and was the Project Test Pilot for the Light Combat Aircraft, ‘Tejas’.He had served as a Senior Air Staff Officer (SASO) at the IAF’s Eastern Air Command in the past.
Birth anniversary of Lal Bahadur Shastri
The nation celebrates the 114th birth anniversary of India’s second Prime Minister Lal Bahadur Shastri on October 2.He was the 2nd Prime Minister of India and a senior leader of the Indian National Congress political party.Prime Minister visited the Vijay Ghat to pay tributes to the former prime minister.Shastri coined the slogan ‘jai jawan jai kisan’.
PPC launched on 2nd October 2018
The Central government launched its People’s Plan Campaign (PPC) for panchayats from October 2, 2018, with the slogan “Sabki Yojana Sabka Vikas”.During the campaign, structured Gram Sabha meetings will be held for preparing Gram Panchayat Development Plan (GPDP) for the next financial year 2019-2020.GPDP aims to strengthen the role of elected Panchayat leaders and Women.
Govt releases agri census data for 2015-16
The government of India released agriculture census for 2015-16 on 1 October 2018.The average size of operational holding declined to 1.08 hectares (ha) in 2015-16 compared to 1.15 ha in 2010-11.The percentage share of female operational holders has increased from 12.79% in 2010-11 to 13.87% in 2015-16.Agriculture census is conducted by Ministry of Agriculture for every five years.
HRD min gave ‘Swachhata Ranking Awards 2018’
Union Human Resource Development Minister Prakash Javadekar announced the “Swachh Campus rankings” under 8 different categories on 1 October 2018.Haryana’s Maharashi Dayanand University has been ranked the cleanest government university by the HRD Ministry.Among the technical institutions, Amrita Vishwa Vidyapeetham in Coimbatore bagged the top rank.
Government took control of IL&FS
The government of India took control of Infrastructure Leasing and Financial Services (IL&FS) on 1 October 2018.The government replaced its board and appointed new board members.Uday Kotak was named as non-executive chairman of the new board.The government moved the National Company Law Tribunal (NCLT) for replacing the IL&FS Board.
BSE launches commodity derivative contracts
Bombay Stock Exchange (BSE) became the first stock exchange in India to launch the commodity derivative contracts in gold and silver.Till now, commodity contracts were available only on MCX and NCDEX, the two specialised commodity derivatives exchanges.BSE also waived off transaction charges for the first year in the commodities derivatives segment.
U.S., Canada agree on free trade pact
Canada and the U.S. have agreed on a new free trade pact that will include Mexico.The new trade deal will be known as the United States-Mexico-Canada Agreement (USMCA).USMCA replaces the nearly 25-year-old North American Free Trade Agreement (NAFTA).The trade pact will come up for review every six years.
ADB and India sign $150 Million Loan
The Asian Development Bank (ADB) and the Government of India signed a $150 Million Loan.The loan amount will be used to improve road connectivity and efficiency of the International Trade Corridor in West Bengal and North-Eastern Region of India.The project will give a boost to India’s efforts to promote regional connectivity in South Asia.
NALCO CMD conferred with NIPM Ratna award
NALCO CMD Dr Tapan Kumar Chand was conferred with the ‘NIPM Ratna Award’ at the 37th NIPM Annual National Conference (NATCON-2018).He was given the award for his contribution to People Management & Strategic Leadership.National Institute of Personnel Management (NIPM) is the highest body of HR professionals in India.NIPM organized the NATCON-2018 at Pune.
Int Day of Non-Violence observed on Oct 2
The International Day of Non-Violence is observed on 2 October in honor of the birthday of Mahatma Gandhi.The International Day of Non-Violence is a global observance that promotes non-violence through education and public awareness.On 15 June 2007 the United Nations General Assembly establish 2 October as the International Day of Non-Violence.
Niwari is 52nd district of MP
The Madhya Pradesh government announced the creation of a new district ‘Niwari’.The new district would include three tehsils of the present Tikamgarh district – Niwari, Orchha, and Prithvipur.The government’s decision came into effect from October 1.The district has been carved out of the Tikamgarh district.
BCCI comes under RTI Act
Central Information Commission brings The Board of Control for Cricket in India (BCCI) is covered under the RTI Act.CIC directed the BCCI to form, online and offline mechanisms to receive applications for information under the RTI Act within 15 days.The BCCI is the national governing body for cricket in India formed in December 1928.
India, Uzbekistan signed 17 agreements
India and Uzbekistan inked 17 agreements on 1 October 2018, including in the areas of defence, space, health and agriculture.They also signed an agreement on cooperation in combating illicit drug trafficking.Two agreements in the sectors of innovation, and health and medical science were also signed.The two countries also entered into a pact on cooperation in the pharma sector.
Nobel prize for medicine
Two immunologists, James Allison of the US and Tasuku Honjo of Japan won the 2018 Nobel prize in medicine.They won the prize for the discovery of cancer therapy by inhibition of negative immune regulation.They will receive their prize at a formal ceremony in Stockholm on 10th December.Allison and Honjo also have won the Tang Prize in 2014 for their research.
12 Indian firms in Forbes best companies
12 Indian companies features in a list of the world’s best regarded firms compiled by Forbes.Entertainment giant Walt Disney, with a market cap of USD 165 billion topped the list.US companies dominate the list with 61 of the total 250 firms.The Indian companies are-  Infosys, TCS, Tata Motors, Tata Steel, L&T, Grasim Industries, GIC, Mahindra & Mahindra, Asian Paints, SAIL, ITC and HDFC.
1st Swachhata Mela at AIIMS Delhi
Health Minister J P Nadda inaugurated the First Swachhata Mela organised by All India Institute of Medical Sciences New Delhi.AIIMS Delhi has bagged first position in Kayakalp awards with prize money of Rs. 5 crore in the last two editions of the awards.Kayakalp awards were initiated to recognise the efforts of the hospitals for maintaining cleanliness in their premises.
India’s flag-bearer at Youth Olympic Games
16-year-old shooting star Manu Bhaker is named as the flag-bearer of the Indian contingent for the 3rd Youth Olympic Games at Buenos Aires.A contingent of 68 members, including 46 athletes, departed for Argentina to take part in games from October 6-18.Bhaker had won gold in 10m air pistol at Guadalajara World Cup as well as Commonwealth Games.
Mushtaque Ahmad- new Hockey India President
Mohd Mushtaque Ahmad was is named as the new President of Hockey India (HI).Ahmad is currently serving as the post of Secretary General.He takes over President Rajinder Singh after being elected unopposed.Hockey India is the governing body having an exclusive mandate to conduct all activities for both men and women hockey in India.
Gita Gopinath appointed IMF Chief Economist
India-born economist, Gita Gopinath has been appointed chief economist of the International Monetary Fund (IMF).She will succeed Maurice Obstfeld, who announced his retirement in July.Gita Gopinath is the second Indian economist to be appointed as IMF chief economist after Raghuram Rajan.She currently serves as professor of International Studies and Economics at Harvard University.

Important Current Affairs 03rd October 2018
National Khadi Festival 2018 inaugurated
A month-long National Khadi Festival 2018 has been inaugurated on 2 Oct 2018, by Union MSME minister, Shri Giriraj Singh.The fest is being organized by Khadi and Village Industries Commission at Mumbai.Various types of Khadi products of different states would be available at the festival.Around 100 institutions from all over of the country are participating in the exhibition.
Mount Soputan erupts in Indonesia
Indonesia’s Mount Soputan volcano erupts on the tsunami-hit island of Sulawes.The authorities raised the volcano’s status to Level III of the four-level national alert system.It is about 1,000 km from the town of Palu where a 7.5 magnitude earthquake triggered a tsunami.Indonesia is situated on the Pacific “Ring of Fire”, where frequent quakes and volcanic activity strikes.
Lilima to receive Ekalabya Puraskar, 2018
Hockey player Lilima Minz from Odisha has been selected for the prestigious Ekalabya Puraskar, 2018.The annual award is instituted by the charitable wing of Indian Metals & Ferro Alloys (IMFA) comprises of a cash prize of Rs 5 lakh along with a citation.Ekalabya Puraskar has been instituted to promote literature, sports, the arts, culture, and other socially meaningful activities.
N. Ravi elected as PTI chairman
N. Ravi, Publisher and former Editor-in-Chief of The Hindu, was unanimously elected Chairman of the Press Trust of India (PTI).Mr. Ravi succeeds Viveck Goenka, chairman and managing director of the Express Group.Also, Vijay Kumar Chopra, Chief Editor of the Punjab Kesari Group of newspapers, was elected as Vice-Chairman.
PM Modi received UNEP Champions of the Earth
PM Narendra Modi received the United Nations highest environmental honour, the UNEP Champions of the Earth award at New Delhi.The award is presented by UN Secretary-General Antonio Guterres.The award was announced on 26th Sept, on the sidelines of 73rd UN GA in New York.The annual prize is awarded to leaders from government whose actions had a positive impact on the environment.
SIDBI launched ‘Udyam Abhilasha’ campaign
Small Industries Development Bank of India (SIDBI), had launched a National Level Entrepreneurship Awareness Campaign, Udyam Abhilasha on 2 October 2018.The campaign was launched in 115 Aspirational Districts identified by NITI Aayog.The campaign would create and strengthen cadre of more than 800 trainers to provide entrepreneurship training to the aspiring entrepreneurs.
Japan space probe launched new robot
A Japanese probe launched a new observation robot towards an asteroid.The Hayabusa2 probe launched the French-German Mobile Asteroid Surface Scout (MASCOT), towards the Ryugu asteroid’s surface.MASCOT’s launch comes after the Hayabusa2 dropped a pair of MINERVA-II micro-rovers on the Ryugu asteroid.MASCOT can take images at multiple wavelengths and measure magnetic fields.
World Peace monument inaugurated
Venkaiah Naidu inaugurated the World Peace Monument at the Maharashtra Institute of Technology’s World Peace University campus at Loni, Pune.The monument has one of the world’s largest dome of 160 ft. in diameter and 263 ft tall.It is larger in area than the dome at St. Peter’s Basilica in Vatican City.The dome is built atop the MIT World Peace Library and the World Peace Prayer Hall
PM inaugurated first assembly of the ISA
Prime Minister Narendra Modi inaugurated the 1st Assembly of the International Solar Alliance on 2 October 2018 in New Delhi.The same event also marked the inauguration of the 2nd IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo).The Secretary-General of the United Nations, Mr Antonio Guterres, was present on the occasion.
Stamps on International Day of Non-Violence
The UN postal agency issued a new collection of stamps in commemoration of the International Day of Non-violence, marked on Mahatma Gandhi’s birth anniversary.Stamps feature artistic interpretation of ‘The Knotted Gun’, an iconic global sculpture.The sculpture was created by the Swedish artist Carl Fredrik Reuterswrd as a tribute to  Beatles member John Lennon after his murder.
Barham Salih as new president of Iraq
Iraq’s Parliament has elected a veteran Kurdish Politician Barham Salih as the country’s new President.Salih is a former prime minister of the Kurdistan Regional Government.He has named Shiite Adel Abdul Mahdi as Prime Minister of the country.The move will pave the way to form a new government, nearly five months after national elections.
New dwarf planet spotted
An extremely distant dwarf planet, named The Goblin, has been discovered by the astronomers.The dwarf planet was officially designated as ‘2015 TG387’.Astronomers first observed the dwarf planet on October 13, 2015, from the Subaru telescope.This is the third dwarf planet found to be orbiting on the frigid fringes of our solar system.
Thangvellu- flag-bearer for Asian Para Games
Rio Paralympic gold medallist Thangvellu Mariyappan is named as flag-bearer of the Indian contingent for the 3rd Paralympic Asian games.India will field its biggest ever contingent of 302 members for the games.3rd Asian Para Games will be held in Jakarta, Indonesia from October 6-13.The official mascot of the Games is a Bondol eagle named Momo.
Manipur clinch National Football Championship
Manipur claimed victory in the final of the 24th Senior Women’s National Football Championships, defeating hosts Odisha by 2-1.It was the 19th occasion when a state from the northeast of India won the trophy.Manipur captain Bala Devi scored the first goal in the 45th minute.The final match was held at the Barabati Stadium, Cuttack, Odisha.
Justice Ranjan Gogoi sworn in as 46th CJI
Justice Ranjan Gogoi was sworn-in as the 46th Chief Justice of India on 3 October 2018.He was administered the oath by President Ram Nath Kovind.CJI Ranjan Gogoi is the first Chief Justice of India from the north-east and his tenure will end in November 2019.Justice Gogoi started his career as a Permanent Judge of the Gauhati High Court in February 2001.
Odisha launched own food security scheme
The Odisha government has launched its own food security scheme on 2 October 2018.The scheme will be benefiting 25 lakh people who were left out of the National Food Security Act.The beneficiaries will get 5 kg of rice per person per month at the rate of Rs. 1 per kg.Each poor man will get 5 kg of rice per month as per the provision of the National Food Security Act, 2013.
WHO launched global guidelines on sanitation
The World Health Organization (WHO) launched the first global guidelines on sanitation and health.The WHO said that by adopting its new guidelines, countries can significantly reduce diarrhoeal deaths due to unsafe water and poor sanitation and hygiene.The new guidelines were developed because current sanitation programmes are not achieving anticipated health gains.
Assam government launched pension scheme
Assam government launched pension scheme covering all senior citizens of the state.The name of the pension scheme is ‘Swahid Kushal Konwar Sarbajanin Briddha Pension Achoni’.All senior citizens above 60 years of age are entitled to get the benefit of the scheme through Direct Benefit Transfer (DBT) to their bank accounts.
IBSAMAR-VI kicks off in South Africa
The sixth edition of IBSAMAR is being held at Simons Town, South Africa from 01 – 13 October 2018.IBSAMAR is a joint Multi – National Maritime Exercise between the Indian, Brazilian and South African Navies.The aim of the exercise is to undertake collective training for participating navies and building interoperability.The last edition of IBSAMAR was conducted in Goa.
Ashkin, Mourou, Strickland won Nobel prize
Scientists Arthur Ashkin, Gerard Mourou and Donna Strickland won the 2018 Nobel Prize for Physics.They were awarded for their work in the field of lasers used for surgery as well as scientific study.Ashkin invented optical “tweezers” that could grab particles, atoms, viruses and other living cells.Mourou and Strickland separately created the shortest and most powerful laser pulses ever.

Important Current Affairs 04th October 2018
Trials of Astra BVR-AAM Completed Successfully
A series of flight trials of ‘Astra’ Beyond Visual Range Air-to-Air Missile (BVR-AAM) was conducted by the Indian Air Force from September 26 to October 3 2018.The test was conducted at Integrated Test Range, Balasore.Defence Research and Development Organisation has developed the missile.The missile is expected to be inducted into Indian Air Force in 2019.
Youngest Indian to score century on Test debut
Prithvi Shaw scored a century in the first Test against West Indies at Rajkot to become the youngest Indian to score a century on debut.Shaw surpassed the record set by Abbas Ali Baig who had scored a fifty against England in 1959 when he was 20 years and 126 days old. He also became the second youngest Indian to score a Test century after the Sachin Tendulkar.
Operation Samudra Maitri to assist Indonesia
India has launched ‘Operation Samudra Maitri’ to assist victims of earthquake and tsunami in  Sulawesi Province of Indonesia.Two Indian Air Force (IAF) aircraft, C-130J, and C-17 departed carrying onboard medical personnel and relief material for Indonesia.Three Indian Naval Ships – INS Tir, INS Sujatha, and INS Shardul have also been mobilized to carry out disaster relief.
Swachh Survekshan Grameen Awards 2018
Prime Minister Narendra Modi gave awards to top Ranked State, District and State based on the Swachh Survekshan Grameen 2018.Haryana was ranked as the best State while Satara District of Maharashtra was ranked as the best district as per the ranking undertook by Swachh Survekshan Grameen 2018.Ministry of Drinking Water and Sanitation had commissioned “Swachh Survekshan Grameen-2018”.
AFSPA extended in 3 districts in Arunachal
The Union government has extended the Armed Forces (Special Powers) Act in three districts of Arunachal Pradesh declaring them as ‘disturbed area’.The 3 districts are Tirap, Changlang, and Longding.Armed Forces Act, 1958 in these areas has been extended up to March 31, 2019 w.e.f. October 1, 2018.AFSPA grants special powers to the Indian Armed Forces in ‘disturbed areas’.
Conference on ‘Women in Detention’ in Shimla
First Regional Conference on ‘Women in Detention and Access to Justice’ was organised in Shimla on 4 October 2018.The conference was organised by the Bureau of Police Research and Development (BPR&D) in collaboration with the Prison Department, Himachal Pradesh.The Conference will be in the form of panel discussions with keynote speakers who are experts in the domain areas.
World Animal Day: 4 October
October 4th marks the World Animal Day, an international day of action for the rights and welfare of animals that is celebrated all around the world.The main focus of the Animal Day is to protect the endangered species, natural habitat and welfare of the animalsThe day started in 1931 in Florence, Italy to highlight the difficult state of endangered species.
RBI allows OMCs to raise money from overseas
The Reserve Bank of India (RBI) has allowed state-owned Oil Marketing Companies (OMC) to borrow long-term working capital from overseas.RBI relaxed the policy on borrowing up to 10 billion US dollar from the overseas by the state-owned fuel retailers.The RBI has allowed them to raise External Commercial Borrowing (ECB) of minimum maturity of 3 or 5 years.
Rail Min won ‘Swachchta Hi Seva’ award
The Ministry of Railways has been declared the best department for its contribution to “Swachchta Pakhwada” under the “Swachchta Hi Seva” category of awards.The award was presented to the Railway Ministry, on the fourth anniversary of the Swachh Bharat Mission.The ‘Swachchta Hi Seva’ campaign was launched in 2017.
Cabinet hikes MSP of Rabi crops
Cabinet Committee on Economic Affairs (CCEA) has increased the Minimum Support Price (MSP) for Rabi crops.Increased MSP for the current financial year will be marketed in the 2019-20 season.
The MSP of wheat has been raised by 105 rupees per quintal
Safflower by 845 rupees per quintal
Barley by 30 rupees per quintal
Masur by 225 per quintal
Gram by 220 per quintal
MoU between India and Russia in MSME
The Union Cabinet has approved a MoU between National Small Industries Corporation Ltd. (NSIC) and JSC- Russian Small & Medium Business Corporation.The objective of the MoU is to promote cooperation between the Small & Medium Enterprises (SMEs) of the two countries.It would provide a structured framework for the MSME sector to understand each other’s strengths, markets, technologies etc.
2nd Protocol amending the CECA approved
The Union Cabinet gave an ex-post facto approval to the second protocol amending the free trade agreement between India and Singapore.The free trade agreement is officially known as Comprehensive Economic Cooperation Agreement (CECA).It will enhance bilateral trade and will deepen the Economic Cooperation between India and SingaporeCECA came into force in August 2005.
SC upholds validity of GST Act
The Supreme Court upheld the constitutional validity of Goods and Services Tax (Compensation to States) Act of 2017.The 2017 Act subsumed various indirect taxes, Central and States’ surcharges and cess both within and outside the States.The Supreme Court confirmed the legislative competence of Parliament to enact the 2017 Act.
MoU between Ind-Russia on Road Transport
The Union Cabinet approved the MoU between India and Russia on Bilateral Cooperation in the Road Transport and Road Industry.This will help in the planning and administration of road infrastructure and road network management, transport policy.The MoU will be signed during the upcoming visit of Russian President to India.
Redevelopment of Railway Stations by IRSDC
The Union Cabinet has approved the redevelopment of Railway Stations by Indian Railway Stations Development Corporation Limited (IRSDC) as Nodal Agency.The redevelopment will be done through simplified procedures adapting various business model and for longer lease tenure of up to 99 years.IRSDC is a joint venture between IRCON and RLDA with a 51:49 equity shareholding
India and ADB signed $100m Loan Agreement
The Asian Development Bank (ADB) and the Government of India signed a $100 Million Loan Agreement.The loan amount will be used to expand sewerage and drainage coverage, provide sewage treatment and strengthen the capacity of Kolkata Municipal Corporation.The $100 Million loan agreement is the third and final tranche loan under the $400 Million Multi Tranche facility.
Nagaland CM launches vaccination campaign
Nagaland Chief Minister Neiphiu Rio launched the Measles-Rubella Vaccination Campaign (MRVC) in the state.The campaign targets to vaccinate 4.72 lakh children in the age group of 9 months to 15 years.The vaccination will help children in battling Measles and Rubella and reduce mortality caused by these diseases.
India and ADB Signed $240 Million Loan
The government of India and the Asian Development Bank (ADB) signed a $240 million loan.The loan will be used for providing safe and sustainable drinking water in three districts of the state of West Bengal affected by arsenic, fluoride, and salinity.Water contamination due to arsenic and fluoride can lead to health problems including cancer and bone diseases.
Tech M sign pact with Israeli firm
IT services provider Tech Mahindra announced a partnership with Israel Aerospace Industries (IAI) to develop and offer cybersecurity solutions.The pact mainly targets cybersecurity at governments, critical infrastructure, and defence sector.The pact will enable the companies to design custom-made security operation centers​ (SOCs) and computer emergency response teams (CERTs).
Nobel prize in chemistry awarded
The 2018 Nobel Prize in Chemistry was awarded to Frances H. Arnold, George P. Smith and Sir Gregory P. Winter on 3 October 2018.They were awarded for their work on harnessing the power of evolution to develop new proteins used in drugs and medical treatments.Frances H Arnold, George P Smith and Gregory P Winter will share the prize of 9 million Swedish kronor.

Important Current Affairs 05th October 2018
Nobel Prize Peace prize to Mukwege and Nadia
The Nobel Peace Prize 2018 was won by Denis Mukwege and Nadia Murad.The award has been presented to the two figures who have brought attention to ending sexual violence in armed conflict.Mukwege is a gynecologist helping victims of sexual violence in the Democratic Republic of Congo, and Nadia is a Yazidi rights activist and survivor of sexual slavery by Islamic State.
India signed $5.43 billion S-400 missile deal
India and Russia signed a $5.43 billion deal for five S-400 missile system on 5 October 2018. The deal was signed during a summit between Prime Minister Narendra Modi and Russian President Vladimir Putin.The S-400 is one of the world’s most advanced long-range air defence systems.China was the first nation to buy the S-400 missile system from Russia in 2014.
Property worth Rs 2.97 crores stolen from IR
A recent data released by the Western Railway about the number of items sold from trains should put all of us to shame.Last year, passengers riding the trains stole 1.95 lakh towels, 81,736 bed-sheets, 55,573 pillow covers, 5,038 pillows, and 7,043 blankets.As per the report, a loss of around Rs 4,000 crores has been incurred by the Indian Railways over the last three fiscals.
NGT directs railways to submit action plan
The National Green Tribunal has directed the railways to submit an action plan for maintaining cleanliness on platforms and tracks.The Comptroller and Auditor General (CAG) will conduct its performance audit at regular intervals.NGT also directed to follow the ‘Swachh Railway Schemes – Standard Operating Procedures’ and submit action report.
WB trims East Asia’s 2019 GDP forecast
The World Bank slightly lowered its growth estimate for East Asia and the Pacific for next year.The World Bank forecast growth rate at 6.0% which is slower than the World Bank’s 6.1% estimate in April 2018.The low in the forecast is due to trade tensions and volatile capital flows cloud the global economic outlook.
Ind-France sign agreement for renewable energy
India and France signed two agreements to increase the development of renewable energy innovations in the country.Agreements include the development of high-efficiency solar panels, power storage, e-mobility and smart grid management.Major French companies are already present in the renewable energy sector in India, such as EDF, Engie, Schneider Electric.
Maruti Suzuki gets the National Safety Award
Maruti Suzuki has been awarded the ‘National Safety Award’ by Ministry of Labour and Employment.The award is for excellence in industrial safety in the automobile category for the year 2016.The prestigious award is given annually in recognition of outstanding safety performance of industrial establishments.Maruti Suzuki has developed a three-tier safety governance structure.
Surya Kant as new CJ of Himachal high court
Justice Surya Kant has been appointed Chief Justice of the Himachal Pradesh High Court.The post of chief justice of the high court had been lying vacant after the retirement of Justice MA Mir since April, 2017.Justice Surya Kant is known to be a “passionate environmentalist” associated with national and international NGOs and law associations.
Ind-Kaz agree to step up military cooperation
India and Kazakhstan agreed to step up military cooperation, especially in the areas of defence production.India and Kazakhstan defence cooperation include military-technical cooperation, military education, and training, joint military exercises, cadet youth exchange programs.Both countries successfully conducted a company-level joint military exercise ‘KAZIND-2018’ in South Kazakhstan.
Mukesh Ambani named a richest Indian
Reliance Industries Chairman Mukesh Ambani was named India’s wealthiest according to Forbes’ annual India’s Richest 2018 list.He was named for the 11th consecutive year with a net worth of $47.3 billion.Wipro’s Azim Premji came second with a net worth of $21 billion.Paytm’s founder Vijay Shekhar Sharma was among the notable gainer this year.
ADB sanctions USD 180 million to Nepal
The Asian Development Bank (ADB) has sanctioned a soft loan of $180 million for the upgradation of Nepal’s 1,000 km-long East-West Highway.The project will improve and rehabilitate about 87 km between Kanchanpur and Kamala on the East-West Highway.The improvement of the road will boost the efficiency of Nepal’s transport system.
Ravi becomes Deputy National Security Advisor
The government of India redesignated RN Ravi as deputy national security advisor (internal affairs).RN Ravi is the chief of the Joint Intelligence Committee (JIC).He will continue to be the centre’s interlocutor for Nagaland.Ravi will be third deputy to NSA Ajit Doval after former Research and Analysis Wing chief Rajinder Khanna and serving diplomat Pankaj Saran.
World Teachers’ Day observed on October 5
World Teachers’ Day, also known as International Teachers Day, is held annually on October 5.International Teachers Day is observed to commemorate the “Teaching in Freedom” pact signed on October 5, 1966 in Paris.The theme for 2018 is ‘The right to education means the right to a qualified teacher’.Every year, UNESCO celebrates the day to promote the teaching profession.
36th National Games will held in Goa
Sports Authority of Goa (SAG) announced that the 36th National Games in Goa will be held from March 30 to April 14 next year.Five sports – Rugby, Wushu, Modern Pentathlon, Lawn Bowl, and Billiards and Snooker -will be added in the Games.Opening and Closing ceremonies will be held at PJN Stadium, Goa.Shooting and cycling events will be held in New Delhi.
RBI imposes penalty on Federal Bank
Reserve Bank has imposed a penalty of five crore rupees on Federal Bank for non-compliance of certain RBI direction.RBI said Federal Bank had failed to report large borrower exposure for assessment under risk-based supervision.The bank had also failed to pay compensation to customers for the delay in resolution of ATM related complaints.
Sandeep Bakshi appointed new CEO of ICICI Bank
The ICICI Bank appointed Sandeep Bakhshi as the Chief Executive Officer (CEO) of the bank after Chanda Kochhar sought early retirement from the bank.Sandeep Bakshi was the Chief Operating Officer of ICICI Bank.He has looked after ICICI’s insurance, corporate and lending business.He joined the ICICI group in the year 1986.
Delhi Declaration on Renewable Energy adopted
21 countries in the Indian Ocean Rim Association, IORA, adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region.Delhi Declaration calls for collaboration among IORA member states to meet the growing demand for renewable energy.The declaration was adopted at second IORA Renewable Energy Ministerial Meeting held in Greater Noida.
Sanjay Verma appointed ambassador to Spain
Senior diplomat Sanjay Verma has been appointed as India’s Ambassador to Spain.Sanjay Verma is a 1990 batch Indian Foreign Service officer,At present, he is the Additional Secretary in the Ministry of External Affairs.Also, Arindam Bagchi, a 1995 batch IFS officer, has been appointed as the next Indian Ambassador to the Republic of Croatia.
India, Vietnam hold joint drill
A Vietnam Coast Guard ship undertook joint exercises with the Indian Coast Guard off the city coast.Coast Guard ships Shaurya, Arnvesh and inreceptor boat C-431 along with a Dornier aircraft and Chetak helicopter participated in the joint exercise –  ‘Sahyog HOP TAC-2018’.The exercise was aimed at acquainting the coast guards of the two countries with each others’ capabilities.
Chanda Kochhar quits as ICICI Bank CEO
ICICI Bank managing director and Chief Executive Officer (CEO) Chanda Kochhar on 4 October 2018 quit the bank.Kochhar was reappointed as a director on the board of bank’s broking arm ICICI Securities in August 2018.Ms Kochhar will also relinquish office from the Board of Directors of the Bank’s subsidiaries.

Important Current Affairs 06th October 2018
Suu Kyi stripped of Canadian citizenship
Myanmar leader Aung San Suu Kyi became the first person to be stripped of honorary Canadian citizenship on 2 Oct 2018.The decision was made over her refusal to call out atrocities by her nation’s military against the Rohingya Muslim minority.The move was made official after Canada’s Senate voted to revoke the symbolic honour.The House of Commons granted the privilege to Suu Kyi in 2007.
Interbrand releases 2018 Best Global Brands
Interbrand announces Apple, Google, and Amazon are the three most valuable brands in its 2018 Best Global Brands report.From six consecutive years, Apple and Google hold the top positions.Apple’s brand value grew by 16% to $214,480m, and Google’s by 10% to $155,506m.Amazon achieved 56% growth to reach a $100bn brand valuationTheme of 2018 report is Activating Brave.
Museum of Goa plans ‘flying art’
The Museum of Goa (MoG) Foundation will hold a “colourful flying exhibition” titled “Freedom is in the air” from 10 to 30th November 2018.The exhibition is being organised to celebrate the striking down of Section 377 of India Penal Code by the Supreme Court of India.An airborne installation in the colours of the rainbow is being planned as part of the event.
NIHMR in Sehore, MP
The Centre approved the establishment of National Institute of Mental Health Rehabilitation (NIHMR) in Sehore district of Madhya Pradesh.NIMHR will serve as an institution of excellence for capacity building in human resource and research.The institute will also serve as recommending body suggesting models/protocols for effective rehabilitation of persons with mental illness.
All India Railways Chess tournament at Trichy
The 31st All India Railways Chess tournament began on 3 October at Trichy in Tamil Nadu.The four-day tournament was formally inaugurated by General Manager, Southern Railway, SM Kulshreshta.Winners of this tournament will represent the Railways in the National Chess tournament which will take place in November.
India got 28th rank in e-payment adoption
According to a survey by The Economist Intelligence Unit, India’s overall ranking on the government’s adoption of e-payments has moved up to 28th in 2018.Norway is at the top position in the survey, followed by France and Denmark.The survey looks at the availability of government electronic transaction services and the mechanisms that support digitisation for all transactions.
MobiKwik launches instant loan product ‘Boost’
MobiKwik, a leading digital financial services platform, has announced the launch of ‘Boost’.Boost is a product that offers instant loan approval and disbursal to MobiKwik users.Users can apply for loans ranging from Rs 5,000 up to Rs 60,000 through the MobiKwik appMobiKwik is the first wallet company in India to disburse the loan amount in the user’s mobile wallet.
Aviation Min released the policy on Digi Yatra
The Union Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu released the policy on biometric based digital processing of passengers at airports called “Digi Yatra”.Digi Yatra Central Platform will be operational by end of February 2019.Bangalore & Hyderabad International Airports will be ready with pilot implementation by the end of February 2019.
NGT allowed Chardham Mahamarg Vikas Pariyojna
The National Green Tribunal has cleared the ‘Chardham Mahamarg Vikas Pariyojna’.The project proposes to provide all-weather connectivity to four holy towns of Uttarakhand.NGT formed a committee to monitor the project.The committee will be headed by former Uttarakhand High Court Judge Justice U C Dhyani to oversee the implementation of Environment Management Plan (EMP) of the project.
‘Methanol Cooking Fuel Program’ launched
Northeast and Assam Petro-chemicals Ltd. launched Asia’s first canister based and India’s first ‘Methanol Cooking Fuel Program’.500 households inside the Assam Petro Complex will be the first pilot project.This technology handles methanol extremely safely, does not need a regulator or any piping system.Ritu Bordoloi became India’s first owner of a cooking stove fuelled by methanol.
Twin city agreement between Delhi and Moscow
The Delhi government signed a twin city agreement with the Moscow administration for cooperation in multiple sectors.Under the agreement, the two governments would maintain regular contacts and undertake exchanges of delegations and ideas.Both the cities will cooperate actively in the management of transport, tourism, healthcare among other areas
Indian and Russian Railways signed MoC
A Memorandum of Cooperation (MoC) was signed between the Ministry of Railways and joint-stock company Russian Railways.It includes the implementation of a speed-upgradation project in the Nagpur-Secunderabad section.It also includes setting up of a single traffic-control centre for managing mixed traffic at the local level.
2018 Summer Youth Olympic Games began
The third edition of the Summer Youth Olympic Games was inaugurated in Buenos Aires, Argentina on 6th October 2018.The event will conclude on 18 October 2018.It is the first time Summer Youth Olympic Games are being held outside of Asia.The previous two summer events held in Singapore (2010) and Nanjing, China (2014).
India’s first dolphin research centre in Patna
Bihar Deputy Chief Minister Sushil Kumar Modi announced that the ‘National Dolphin Research Centre’ will be set up at Patna University, Patna.The centre will be developed at an estimated cost of Rs 28 crore in university premises.The state government also observes October 5 as ‘Dolphin Day’ in Bihar for protection and conservation of Gangetic river dolphin.
Rakesh Sharma appointed as IDBI chief
The government appointed former Canara Bank managing director Rakesh Sharma as head of IDBI Bank.This decision came after the tenure of B Sriram, Chief Executive of IDBI Bank ended in September 2018.Sharma has been appointed as MD & CEO for a period of six months.Sharma was among the few bankers hired in 2015 from the private sector to lead big state-run banks.
Pankaj Sharma appointed as Ambassador to CD
Pankaj Sharma has been appointed as the next Ambassador of India to the United Nations Conference on Disarmament (CD), Geneva.Sharma, an Indian Foreign Services (IFS) officer of 1991 batch is currently serving as a Joint Secretary in the Ministry of External Affairs (MEA).CD is a multilateral disarmament forum established to negotiate arms control and disarmament agreement.
Indian Int Science Festival inaugurated
A four-day India International Science Festival (IISF) 2018 was inaugurated in Lucknow, Uttar Pradesh on 5 October 2018.The theme of this edition of Science Festival is “Science for Transformation”.Another feature of IISF-2018 was ‘Mega Science and Industry Expo’ that highlighted the outstanding contributions of India in the field of science, technology, and industry.
RBI kept key rates unchanged
The Reserve Bank of India (RBI) decided to keep the interest rate unchanged at 6.5% in the fourth bi-monthly policy review.The reverse repo rate has also been kept unchanged at 6.25%.The Cash Reserve Ratio (CRR) stands at 4% while the bank rate is at 6.75%.Growth projection for 2018-19 has also been retained at 7.4%.
India & ADB signed $110 million loan agreement
The government of India and the Asian Development Bank (ADB) signed a $110 million loan agreement.The loan will be used for the upgradation of 2,800 kilometres all-weather rural roads in the State of Madhya Pradesh under the Prime Minister’s Rural Roads Program.The overall program is aimed at improving rural connectivity, facilitating safer and more efficient access to transportation.
GI Tag for Alphonso from Konkan
Alphonso from Ratnagiri, Sindhudurg, Palghar, Thane, and Raigad districts of  Maharashtra got Geographical Indication (GI) tag.Alphonso is better known as ‘Hapus’ in Maharashtra.A GI tag is an indication used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.

Important Current Affairs 08th October 2018
Javelin thrower Sandeep won gold medal
Javelin thrower Sandeep Chaudhary won India’s first gold medal at the Asian Para Games in Indonesia.Sri Lanka won silver medal while Iran won bronze medal.Chaudhary’s disability falls in the F42-44/61-64 category, which relates to limb deficiency, leg length difference, impaired muscle power or impaired range of movement.The athletes in this category compete without prosthesis.
Investor summit inaugurated in Dehradun
Prime Minister Narendra Modi inaugurated the first Uttarakhand Investors Summit in Dehradun on 7 October 2018.The Uttarakhand government expects and investment of Rs 20,000 crore in sectors including food processing, horticulture and floriculture, tourism and hospitality among others.The state had also organised a roadshow in five cities to attract investment in the state.
Keerthana won girls’ title in IBSF World U-16
India’s Keerthana Pandian has won the girls’ title in the IBSF World Under-16 Snooker Championships.In the final match played at St Petersburg, Russia she defeated her Belarussian rival Albina Leschuk by 3-1.It is the Indian girl’s maiden international crown.In the corresponding boys’ category, Ben Martens of Belgium won the title.
Flipkart enters into insurance segment
Walmart-backed e-commerce marketplace Flipkart mark its entry into insurance segmentIt will be offering a complete protection plan to customers who buy smartphones on its platform.Flipkart has secured a corporate agency licence from the Insurance Regulatory and Development Authority (IRDA).Flipkart has partnered with Bajaj Allianz General Insurance for the scheme.
Vaccination of Gir lions against deadly virus
The Gujarat forest department started vaccination of lions in the Gir sanctuary to protect them from a deadly virus.As many as 23 lions have died in Gujarat’s Gir sanctuary.Most of them have succumbed to Canine Distemper Virus (CDV) and protozoa infections.CDV is mainly found in wild dogs, jackals and wolves.The disease is contracted by lions if they eat any animal infected by it.
Task Force launched to address skill gaps
Union Ministry of Skill and Development and Entrepreneurship has launched ‘Closing the Skill Gap Task Force’ in India.The task force will develop an action plan to address skills gaps in India.It has been launched in collaboration with the World Economic Forum.It will be co-chaired by Skill Development and Entrepreneurship Minister Dharmendra Pradhan and Infosys MD and CEO Salil Parekh.
Prominent Gandhian Natwar Thakkar dead
Prominent Gandhian Natwar Thakkar died in a hospital in Guwahati on 7 October.He worked among the tribals of Nort eastern states and spread the message of Mahatma Gandhi.Born in 1932 in the then Bombay Presidency he arrived in the northeast in 1955.He set up a “Nagaland Gandhi Ashram” in Chuchuyimlang village in 1955.He spent a considerable part of his life in Nagaland.
Caroline Wozniacki won China Open
In tennis, Caroline Wozniacki won the China Open on 7 October 2018.She defeated Latvia’s Anastasija Sevastova in the final match of China Open.It is her third WTA title of the year.Wozniacki won her maiden Grand Slam title at the Australian Open 2018.It is her second China Open title as she also won it in 2010.
Five medals in Asia Junior Championships
Meghana Reddy and Tasnim Mir won the girls doubles crown at the Badminton Asia Junior (U-17 and U-15) Championships at Mandalay, Myanmar.Indian shuttlers also bagged four bronze, to bring their overall medal tally to five in the championships.In the final match, the Indian pair defeated the Korean duo of Yeo Jin Gong and Da Yeon Jeong.
President Kovind approves Telangana Bill
President Ram Nath Kovind has given assent to the Telangana Prevention of Dangerous Activities of Bootleggers, Dacoits, Drug-Offenders, Goondas, Immoral Traffic Offenders and Land-Grabbers (Amendment) Bill, 2017.The new bill will replace 1986 Act.The 1986 Act had jurisdiction for the undivided Andhra Pradesh but could not punish offenders of present-day financial frauds.
EC announced election dates for 5 states
The Election Commission of India on 6 October 2018 announced dates for assembly polls in five states — Madhya Pradesh, Rajasthan, Chhattisgarh, Mizoram and Telangana.With the announcement of dates for assembly elections in five states, the Model Code of Conduct comes into play with immediate effect.Results for all the five states will be out on December 11.
Government of India reconstituted EPCA
The Government of India has reconstituted the Supreme Court-empowered Environment Pollution (Prevention and Control) Authority (EPCA).EPCA  is tasked with taking various measures to tackle air pollution in the National Capital Region.The tenure of the last EPCA expired on 3 October 2018.Bhure Lal continues to be the Chairman of EPCA.
India won U19 Asia Cup 2018 title
India beat Sri Lanka by 144 runs to clinch the Under-19 Asia Cup 2018 title in Dhaka.India is the most successful team in the youth Asia Cup history winning 6 titles.Indian bowler Harsh Tyagi’s won the Man of the Match award in the final played at Sher-e-Bangla Stadium.Indian opener, Yashasvi Jaiswal (318 runs) won the man-of-the-tournament award.
‘India Skills 2018’ concludes
The country’s biggest skill competition ‘India Skills 2018’ has concluded in New Delhi.It was the 2nd edition of the nationwide competition organized by the Ministry of Skill Development.The event is organised to identify, recognize, promote and reward the talents in various skills.Some winners of the event will represent India at the 45th World Skills Competition at Russia in 2019.
Foundation stone of key railway projects laid
Union Railway Minister Piyush Goyal and the state Chief Minister Raman Singh laid the foundation stone of two key railway projects in Chhattisgarh.The two projects are- The construction of a 295km railway line connecting Katghora-Mungeli-Kawardha-Dongargarh.And, a railway gauge conversion project connecting Kendri (Raipur) to Dhamtari and Abhanpur to Rajim.
Shooter Tushar Mane won silver medal
Tushar Mane won silver medal in the men’s 10m air rifle in Youth Olympic Games on 7 October 2018.Russia won the gold medal and Serbia won the bronze medal at the event.India is being represented by 46 athletes in 13 sports in the prestigious event.This is India’s largest ever contingent at the Youth Olympics.
India celebrates its 86th Air Force Day
The Indian Air Force (IAF) celebrated its 86th anniversary as October 8 to commemorate the official foundation day of the force.To mark the IAF day a grand parade-cum-investiture ceremony held at Air Force station Hindan, Ghaziabad.Air Chief Marshal BS Dhanoa, Chief of the Air Staff, reviewed the parade.The IAF is the 4th largest air force in the world after the US, Russia, and China.
JIMEX excercise began in Visakhapatnam
JIMEX-18, a bilateral maritime exercise between India and Japan, began in Visakhapatnam on 7 October 2018.JIMEX-18 is aimed to enhance interoperability, improve understanding and imbibe the best practices of each other.The Indian Navy was represented by INS Satpura, INS Kadmatt and INS Shakti.The last edition of JIMEX was conducted in Dec 2013 off Chennai.
Crop damaged by animal attacks under PMFBY
The government has decided to cover damages to crops in wild animal attacks under the Pradhan Mantri Fasal Bima Yojna in select districts on an experimental basis.The government also brought certain horticultural crops on an experimental basis under the PMFBY.Also, damage to crops in events like water logging, landslide, hailstorms etc are also being covered now under new provisions.
Atal Innovation Mission & SIRIUS signed MoU
A Memorandum of Understanding (MoU) was signed between India’s Atal Innovation Mission (AIM) and the Russian Federation’s SIRIUS Educational Foundation.The aim is to promote innovative cooperation between students of India and Russia.AIM is an initiative to promote a culture of innovation and entrepreneurship in India.

Important Current Affairs 09th October 2018
China launched two remote sensing satellites
China successfully launched two remote sensing satellites to conduct electromagnetic environmental probes.The satellites, both belonging to the Yaogan-32 family, were launched by a Long March-2C rocket.Remote sensing generally refers to the use of sensor technologies to detect objects.The remote sensing satellites collect data by detecting the energy reflected from the Earth.
Army Commanders’ Conference began in Delhi
Army Commanders’ Conference began in New Delhi on 9 October 2018.The last Army Commanders’ Conference was held in April 2018.A large number of issues ranging from operational challenges, administrative issues, logistics to human resource related issues was discussed during the conference.
India, Tajikistan signed several MoUs
President Ram Nath  Kovind met his Tajikistan counterpart Mr Emomali Rahmon.On this occasion, India and Tajikistan signed several MoUs in the field of political relations, strategic research, agriculture, renewable energy, traditional medicine, space technology, youth affairs, Culture and Disaster Management.India has offered a grant of $20 mn to Tajikistan for development projects.
India faces threat of deadly heat waves
According to the ‘Special Report on Global Warming of 1.5°C’, if the average global temperature rises by more than one degree Celsius from the present, India could “annually” expect conditions like the 2015 heat wave.The report has been commissioned by the Intergovernmental Panel on Climate Change (IPCC).IPCC is a scientific and intergovernmental body under the United Nations.
NHB raised refinance limit for HFCs
National Housing Board (NHB) has raised refinance limit for housing finance companies to Rs 30,000 crore for the period between July 2018 to June 2019.The regulator to housing finance companies (HFCs) had set an initial limit of Rs 24,000 crore, towards refinancing eligible institutions.NHB is the principal agency to promote housing finance institutions.
K’taka govt unveils ‘Unnati’ scheme
Karnataka Social Welfare Minister Priyank Kharge unveiled the ‘Unnati Scheme’.The scheme will identify and promote entrepreneurs from SC and ST background.The govt will invest up to Rs 20 crore to create the end-to-end support infrastructure for startups and entrepreneurs. The department will provide up to Rs 50 lakh to winning entrepreneurs to develop tech-based solutions.
India’s first Olympic medal in judo
Thangjam Tababi Devi became India’s first judo medallist at the Olympic level in Youth Olympic Games 2018 at Buenos Aires, Argentina.She won a silver medal after losing to Venezuela’s Maria Giminez in the finals of the women’s 44kg event.India has never won an Olympic medal in judo either at the senior or the youth level.
IMF cuts global growth forecast to 3.7%
International Monetary Fund cuts its forecast for world growth for 2018 and 2019 at 3.7%.The decline in the forecast has been made due to an upswing in economic risks, rising trade tensions and record debt.The forecast has been made in the World Economic Outlook, the annual flagship report of IMF. The report was released during the annual IMF and World Bank meeting in Bali, Indonesia
Govt launches Sovereign Gold Bond Scheme
The government launched the Sovereign Gold Bond Scheme FY19 on 8 October 2018.The scheme retains the incentives offered in the earlier tranche—2.5% interest rate and capital gains tax exemption on redemption.The tenor of the bond will be for a period of 8 years with an exit option in the 5th, 6th and 7th year.The gold bonds will be sold every month from October 2018 to February 2019.
IMF projects India’s growth at 7.3% in 2018
The International Monetary Fund (IMF) forecasted a growth rate of 7.3% for India in 2018.IMF also predicted a growth rate of 7.4% in 2019.If projections are true, then India would regain the tag of the fastest growing major economies of the world, crossing China with more than 0.7 in 2018.China was the fastest growing economy in 2017 as it was ahead of India by 0.2 percentage
Statue of Sir Chhotu Ram unveiled in Rohtak
Prime Minister Narendra Modi unveiled a 64-Feet tall statue of Deenbandhu Sir Chhotu Ram at Sampla in Rohtak district.Sir Chhotu Ram was a prominent leader in the Punjab Province.He belonged to Jat community and worked ceaselessly for the welfare of farmers.Prime minister also laid the foundation stone of the Rail Coach Repair Factory at Badhi in Sonepat district.
Jeremy Lalrinnunga won gold in weightlifting
Weightlifter Jeremy Lalrinnunga won gold medal in the men’s 62 kg category at the Youth Olympics in Buenos Aires, Argentina.The silver medal was won Turkey while Colombia won the bronze medal.In early 2018, Lalrinnunga claimed a silver medal (youth) and a bronze medal (junior) in the Asian Championships.
World Post Day observed on 9 October
World Post Day is celebrated every year on 9 October.On 9 October, the Universal Postal Union was established in 1874 in Bern, Switzerland.The Posts in many countries use the event to introduce or promote new postal products and services.It was declared World Post Day by the UPU Congress held in Tokyo, Japan in 1969.
Govt sets up key panel under NSA
The government has set up a Strategic Policy Group (SPG) to assist the National Security Council.The SPG will be chaired by National Security Advisor (NSA) Ajit Doval.SPG will undertake a long-term strategic review of the country’s security affairs.National Security Council advises the prime minister on matters of national security and strategic interests.
Ukraine launched large-scale air exercises
Ukraine began large-scale air force exercises with the United States and other NATO countries.The “Clear Sky 2018” war games, which will run until 19 October 2018, are being held in western Ukraine.The aim is “to enhance regional capabilities to secure air sovereignty and promote peace and security through cooperation.
Jharkhand to become partner state at GIIF
Goa International Film Festival (GIFF) from 20th to 28th of November 2018 will have Jharkhand as a partner state.This will allow Jharkhand to showcase its culture and favourable film making incentives announced by the state government.The film festival is conducted jointly by the Ministry of Information and Broadcasting, Directorate of Film Festivals and the Government of Goa.
Arunachal govt launched scheme for farmers
Arunachal Pradesh government launched two schemes for farmers to increase production and their income on 8 October 2018.The two schemes are the Chief Minister’s Sashakt Kisan Yojana (CMSKY) and the Chief Ministers Krishi Samuh Yojana (CMKSY).The CMSKY would subsume three programmes – Employment Generation Scheme, Agri-Mechanization Programme and Flagship Programme on Tea and Rubber
ESIC wins ‘ISSA GOOD Practice Award 2018′
The Employees’ State Insurance Corporation (ESIC) has won the ‘ISSA Good Practice Award’ at the “Regional Social Security Forum for Asia and the Pacific” held at Kuala Lumpur, Malaysia.The award recognizes the measures taken by ESIC for the administrative solution for Coverage Extension.ISSA (International Social Security Association) is an organization for Social Security Organizations.
Odisha launched ‘Nirman Kusuma’ programme
Odisha Chief Minister Naveen Patnaik launched ‘Nirman Kusuma’ programme on 6 October 2018.It will provide financial assistance to the children of the construction workers for their education in Industrial Training Institutes (ITIs) and polytechnics.An ITI student will be entitled to get financial assistance of Rs. 23,600, a diploma student to get Rs. 26,300 per annum.
William, Paul won Nobel prize for economics
The 2018 Nobel prize for economics has been awarded to William Nordhaus and Paul Romer of the United States for their work on sustainable growth.The research of the two US economists focuses on how climate change and technology have affected the economy.Prof Nordhaus was the first person to create a model that described the interplay between the economy and the climate.

Important Current Affairs 10th October 2018
MoU between India & Romania approved
The Union Cabinet has approved the Memorandum of Understanding signed between India and Romania in the field of tourism.The MoU was signed in September, 2018 during the visit of the Vice-President of India to Romania.The main objectives of the MoU is to expand bilateral cooperation in the tourism sector between the two countries and to promote safe, honourable and sustainable tourism.
IOC creates refugee team for Tokyo 2020
The International Olympic Committee (IOC) has announced there will be an Olympic team made up of refugees at the 2020 Olympic Games in Tokyo.In the 2016 Rio Olympics, a refugee team was created which comprised ten refugee athletes from Ethiopia, South Sudan, Syria and the Democratic Republic of the Congo.The 32nd Summer Olympic Games will take place from 24 July to 9 August 2020 in Tokyo.
‘Workshop on Int Arbitration’ inaugurated
In an effort to strengthen dispute resolution mechanisms, a workshop was organised on ‘Best Practices in International Arbitration’ in New Delhi on 10 October 2018.The workshop was organised by NITI Aayog in collaboration with the International Court of Arbitration.The workshop covered basic concepts of international arbitration, selection of arbitrators, and enforcement of arbitral award.
BPCL to commission 2G ethanol plant
Bharat Petroleum Corporation Ltd (BPCL) plans to commission its second generation (2G) ethanol bio-refinery at Odisha’s Bargarh district by December 2020.The Bargarh bio-refinery will utilize about 0.2 million tonnes of rice straw annually as feedstock.The plant is based on a zero-liquid discharge plant (ZLD) technology where all the water will be recycled back into the plant.
‘Conference on Medical Products’ inaugurated
‘2nd World Conference on Access to Medical Products – Achieving the SDGs 2030’ was inaugurated on 9 October 2018 in New Delhi.The conference was organized by the Ministry of Health & Family Welfare with the support of the World Health Organization.The main objective of the 2nd World Conference 2018 is to take forward the recommendations from the 1st World Conference 2017.
Senegal will host the youth Olympics in 2022
In 2022, Senegal will host the fourth summer youth Olympic games.Senegal has thus become the first African country to host an Olympic event.The International Olympic Committee (IOC) unanimously made the decision in Buenos Aires.The 2022 Youth Olympics will take place in Senegal between May and June.
‘Oldest flying squirrel fossil found’
Scientists have discovered the oldest flying squirrel fossil ever.The 11.6-million-year-old fossil was discovered in Spain.The discovery of the fossil has unearthed new insight into the origin and evolution of these airborne animals.Flying squirrels are the most successful group of mammals that adopted the ability to glide.
Pak successfully test-fired Ghauri missile
Pakistan successfully test-fired ‘Ghauri’ ballistic missile on 8 October 2018.The missile is capable of carrying both conventional and nuclear warheads up to a distance of 1,300 kilometers.In April 2018, Pakistan successfully test fired an enhanced version of the indigenously-built Babur cruise missile, which has a range of 700 kilometres.
SBI comes to the aid of NBFCs
State Bank of India (SBI) will triple its target of buying standard loans from Non-Banking Financial Companies (NBFCs) to up to ₹45,000 crore in FY19.The move is expected to give an additional liquidity cushion to NBFCs who will benefit by selling these loans on full-cash basis.A bank typically purchases loans from NBFCs to meet the shortfall in priority sector lending.
World Mental Health Day – 10 October
World Mental Health Day 2018 is observed on October 10 across the world.The goal of World Mental Health Day is to increase awareness about mental health and the importance of mental health in the overall health of a person.The theme of World Mental Health Day 2018 is “Young people and mental health in a changing world.”
Noted Malayalam poet Paloor passed away
Well-known Malayalam poet M N Paloor passed away in Kerala on 9 October 2018.Paloor is the author of some of the finest Malayalam poems of the latter half of the 20th century.He received the Sahitya Akademi Award for his autobiography ‘Kathayillathavante Katha’ in 2013.Paloor won the Kerala Sahitya Akademi Award, the state’s highest literary honour, in 1983 for ‘Kalikalam’.
Japan’s passport is the most powerful passport
According to the 2018 Henley Passport Index, The Japanese passport is now the strongest in the world.Japanese citizens can travel without a visa or gain a visa on arrival in 190 destinations.The Singapore passport, which allows travel to 189 destinations without a prior visa, is at second rank.Germany, South Korea and France are placed at third rank.
‘India for Humanity’ initiative launched
The Ministry of External Affairs (MEA) launched ‘India for Humanity’ initiative.Under the initiative MEA will partner with a charitable organisation for holding artificial limb fitment camps in various countries.The camps will initially be held in 12 countries identified through Indian missions.MEA is partnering with Bhagwan Mahaveer Viklang Sahayata Samiti known for its ‘Jaipur Foot’.
Foreign entities allowed in commodity market
Securities and Exchange Board of India (SEBI) permitted foreign entities having actual exposure to Indian commodity markets to participate in the commodity derivative segment.Such foreign entities will be known as Eligible Foreign Entities.Currently, foreign entities are not permitted to directly participate in the Indian commodity derivatives market.
India ranked bottom of world inequality index
UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranked India 147th among 157 countries.Oxfam has calculated that if India were to reduce inequality by a third, more than 170 million people would no longer be poor.The annual index found that countries such as South Korea, Namibia and Uruguay are taking strong steps to reduce inequality.
Manu Bhaker won gold in shooting
Manu Bhaker won gold medal in 10m Air Pistol shooting at the Youth Olympic Games on 9 October 2018.She became India’s first Youth Olympic Games Gold medalist in the sport of shooting.This was India’s third medal from shooting in three days, with Shahu Mane and Mehuli Ghosh bagging silver medals on the first two days.
Cyclone Titli intensifies near Odisha-AP coast
Cyclonic storm ‘Titli’ moved towards Odisha-Andhra Pradesh coast.Cyclone ‘Titli’ is expected to intensify further into a Severe Cyclonic Storm.It will cross east coast of India between Kalingapatnam (north Andhra Pradesh) and Gopalpur (south Odisha) in the morning of 11th October 2018.The Met department has issued a red in some coastal districts of Odisha.
Nikki Haley resigned from United Nations
Indian-American Nikki Haley has resigned as the US Ambassador to the United Nations.She was governor of South Carolina when President Donald Trump offered her the job of ambassador to the UN.Haley was the first female governor of South Carolina.On November 23, 2016, Haley was nominated for the position of U.S. Ambassador to the United Nations.
Govt. hikes interest for gratuity funds to 8%
The government of India has notified a higher interest rate of 8% for the non-government provident, superannuation, and gratuity funds, effective from October 1 2018.The interest rate on these funds has been raised from 7.6%.This hike will help private sector employees who have enrolled for these provident funds gains extra returns.
Mobile Health app launched by IAF
The Indian Air Force (IAF) has launched an innovative mobile health App named ‘MedWatch’.The app is conceived by the doctors of IAF and developed in house by Directorate of Information Technology (DIT).‘MedWatch’ will provide correct, scientific and authentic health information to air warriors and all citizens of India.

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