Friday 31 August 2018

ONE LINER OF THE DAY 31st. August 2018


1.The Union Cabinet has approved the signing of Memorandum of Understanding between India and Bulgaria for strengthening cooperation in the field of Tourism.The main objectives of the MoU are to expand cooperation in the tourism, exchange information and data related to tourism etc.

2.PM Narender Modi is on a two-day visit to Nepal, to participate in the Fourth BIMSTEC Summit.During the visit, he will interact with all the leaders of BIMSTEC to enrich regional cooperation, enhance trade and enhance collective efforts to build a prosperous Bay of Bengal region.He will also review the progress that has been made in bilateral ties with Nepal since his last visit.

3.Trade ministers of Regional Comprehensive Economic Partnership (RCEP) bloc, including India and China, met in Singapore.RCEP is a mega trade pact that aims to cover goods, services, investments, economic cooperation and intellectual property rights.The bloc comprises 10 ASEAN members and their 6 FTA partners- India, China, Japan, South Korea, Australia and New Zealand.

4.Union HRD Minister launched the third edition of World’s Biggest Open Innovation Model ‘Smart India Hackathon’ 2019 in New Delhi.SIH-2019 is an initiative that provides students with a platform to solve some of the pressing problems we face in our daily lives.For the 1st time, private industry/organisations and NGOs can also send their problem statements to students.

5.RBI on the release of its annual report said that real GDP growth for 2018-19 is expected to increase at 7.4% against 6.7% in the previous year.RBI also said that its monetary policy will work to achieve the medium-term target for retail inflation of 4 %.According to RBI the rise in growth rate is due to pick up in industrial activity and the good monsoon.

6.RBI on the release of its annual report said that real GDP growth for 2018-19 is expected to increase at 7.4% against 6.7% in the previous year.RBI also said that its monetary policy will work to achieve the medium-term target for retail inflation of 4 %.According to RBI the rise in growth rate is due to pick up in industrial activity and the good monsoon.

7.The fifth edition of the Shanghai Cooperation Organisation (SCO) Peace Mission Exercise 2018, ended in Chebarkul, Russia.The Indian delegation led by Lt. Gen Satish Dua, participated for the first time in the exercise.In this exercise, Pakistan and Indian participated for the first time.

8.Swapna Barman created history by becoming the first Indian heptathlete to win an Asian Games gold medal.The 21-year-old Barman logged 6026 points from the seven events competed for two days in women’s heptathlon.China’s Qingling Wang (5954) won the silver.

9.Arpinder Singh clinched India’s first men’s triple jump gold in 48 years, with a jump of 16.77m in the Asian Games.India’s last Asian Games gold medal in men’s triple jump had come in 1970 from Mohinder Singh Gill.

10.Shri R K Singh​ released a book on “Weather Information Portal for Indian Power System”.This reference document has been developed by Power System Operation Corporation Limited (POSOCO) in collaboration with IMD to facilitate enhanced utilization of Weather Portal in all spheres of Power Sector.Shri R K Singh is the Minister of State (IC) for Power and New & Renewable Energy.

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