1.The Reserve Bank of India (RBI) has opposed a proposal to set up a separate and independent regulator for the payments industry.An inter-ministerial committee was set up by the Department of Economic Affairs to finalise amendments to the Payment & Settlement Systems (PSS) Act, 2007.The committee has proposed the establishment of an independent Payments Regulatory Board (PRB).
2.The Geological Survey of India (GSI) will organise a two-day exhibition ‘Bhusampada 2018’ of rocks, minerals and fossils from 22 October 2018.Various scientific instruments being used in surveys, mineral exploration, remote sensing, earthquake geology will be displayed at the exhibition.
3.Dutch photographer Marsel van Oosten has won the prestigious Wildlife Photographer of the Year 2018 title.The award was won for clicking a portrait of two endangered blue face monkeys in a remote Chinese forest.The international competition is organised by London’s Natural History Museum.
4.President Ram Nath Kovind will inaugurate a three-day ‘Vishwa Shanti Ahimsa Sammelan’ (peace conference) in Nashik district of Maharashtra on October 22, 2018.‘Vishwa Shanti Ahimsa Sammelan’ is organised by Bhagwan Rishabhdev Murti Nirmaan Samiti.President Kovind will also present the first international ‘Bhagwan Rishabhdev Award’ to Teerthanker Mahaveer University.
5.World Osteoporosis Day 2018 is observed on October 20.The day is meant to raise awareness about osteoporosis, a condition which causes the bones to become weak and brittle.
6.International Finance Corporation (IFC) has launched a $1 billion masala bond programme to fund its investment activities in India.The first tranche of $100 million under the programme was issued on London Stock Exchange.Masala bonds are rupee-denominated borrowings issued overseas.IFC is a member of the World Bank Group.
7.Minal Patel Davis has been honoured with a Presidential award by US Secretary of State Mike Pompeo.She has been awarded for her extraordinary contribution towards combatting human trafficking in Houston.She is the Special Advisor on Human Trafficking to Houston Mayor.She is a past speaker at the United Nations World Humanitarian Summit.
8.The world’s longest sea bridge ‘Hong Kong-Zhuhai-Macao Bridge’ will be opened on 24 October 2018.The 55-kilometre-long bridge is situated in the Lingdingyang waters of the Pearl River Estuary.
9.China and Southeast Asian Nations will hold their first joint maritime exercises from 22 October 2018.The navies of China and ASEAN countries will hold ‘ASEAN-China Maritime Exercise’ in the South China Sea.
10.Kleinman Center for Energy Policy at the University of Pennsylvania awarded 4th annual Carnot Prize to Union Minister Piyush Goyal.Carnot Prize is the Kleinman Center’s annual recognition of distinguished contributions to energy policy through scholarship or practice.Carnot Prize is named after French physicist Nicolas Sadi Carnot.
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