1.The nation celebrates the National Panchayati Raj Diwas (24th Aril) as this date marks a defining moment in the history of decentralization of political power to the grassroots level.Prime Minister Narendra Modi visited Mandla in Madhya Pradesh on the National Panchayati Raj Day. He launched the Rashtriya Gramin Swaraj Abhiyan, at a public meeting, and addressed Panchayati Raj representatives across the country.
2.Jailed Egyptian photographer Mahmoud Abu Zeid, popularly known as Shawkan won the 2018 Guillermo Cano World Press Freedom Prize of the United Nations Educational, Scientific and Cultural Organization’s (UNESCO).
3.The Asian Development Bank (ADB) has agreed in principle to give an aid of 1,700 crore rupees to Uttarakhand for infrastructure development and creation of sewerage treatment facilities in urban areas.This was conveyed to Chief Minister Trivendra Singh Rawat by the country director of ADB’s India Regiment Mission Kenichi Yokoyama at a meeting in Dehradun.
4.President of ADB- Takehiko Nakao, ADB Headquarters- Manila, Philippines, Opened on- 19th December 1966.
5.State-run Bank of India (BoI) has entered into an agreement with National E-Governance Services (NeSL) for information utility (IU) arrangement under the Insolvency and Bankruptcy Code (IBC).As per the agreement, BoI will avail NeSL service to expedite corporate insolvency resolution process.
6.India has retained its position as the top remittances receiving country with its diaspora sending about $69 billion back home in 2017, according to the report of the World Bank. Remittances to India picked up sharply by 9.9% to $69 billion in 2017, reversing the previous year’s dip.
7.Defence Minister Nirmala Sitharaman and External Affairs Minister Sushma Swaraj have attended the Shanghai Cooperation Organisation’s (SCO) defence ministers’ and Foreign Ministers meeting in Bejing, China, respectively.
8.Canada and the European Union will host the world’s first 2-Day female foreign ministers’ meeting in September 2018 in Canada. The announcement was made by the Canadian Foreign Minister Chrystia Freeland.Female Foreign ministers from about 30 countries will be invited to the gathering, which is aimed at deepening global discussion on women’s empowerment.
9.Iran has banned the use of bitcoin and other cryptocurrencies by its banks and financial institutions.As per the central bank of Iran, the ban was necessary since all cryptocurrencies have the capacity to be turned into a means for money-laundering and financing terrorism and in general can be turned into a means for transferring criminals' money.
10.India and the World Bank signed a $210 million loan agreement for the Madhya Pradesh Rural Connectivity Project. The Project is expected to improve the durability, resilience and safety of the gravel surfaced rural roads and enhance the capacity of the state to manage its rural roads network.The Project will cover 10,510 km stretch of rural roads in Madhya Pradesh that fall under the Chief Minister’s Gram Sadak Yojana (CMGSY) program
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