Tuesday 23 October 2018

ONE LINER OF THE DAY 23rd OCTOBER 2018.


1.Fali S. Nariman was conferred with Lal Bahadur Shastri National Award for Excellence in Public Administration on 22 October 2018.He is a distinguished Indian Constitutional jurist and senior advocate to the Supreme Court of India.

2.Life insurer PNB Metlife has unveiled an Artificial Intelligence (AI)-powered customer service app ‘Khushi’.The aim is to provide assistance to policyholders for their insurance-related queries.A policyholder can use the app to upload documents; download receipts and statements; get policy features; premium due details; get fund value and portfolio details; and update contact details.

3.India and Croatia signed two agreements to strengthen cultural and diplomatic cooperation between the two countries on 22 October 2018.The agreements were signed and exchanged by External Affairs Minister Sushma Swaraj and her Croatian counterpart Marija Pejcinovic Buric.

4.The Insolvency Law Committee (ILC) has recommended that India adopt the United Nations Commission on International Trade Law (UNCITRAL) Model Law of Cross Border Insolvency.The advantages of the model law are the precedence given to domestic proceedings and protection of public interest.ILC is chaired by Corporate Affairs Secretary Injeti Srinivas.

5.Bajrang Punia won silver medal in the 65 kg category of the World Wrestling Championship 2018 in Budapest on 22 October 2018.He was defeated by Japanese Takuto Otoguro in the final.

6.Vice President M Venkaiah Naidu inaugurated the ‘Sagar’ conference at Goa on 23 October 2018.It was organised by the Forum for Integrated National Security (FINS).The aim of the conference was to highlight the technological, economic and developmental opportunities with opening up of outer space.

7.Environment Ministry has launched ‘Harit Diwali-Swasth Diwali’ campaign on 22 October 2018.This campaign was initiated in 2017-18 wherein a large number of school children participated and took the pledge to minimize bursting of crackers.In 2018, the ‘Harit Diwali-Swasth Diwali’ campaign has been merged with “Green Good Deed” movement.

8.MobiKwik will now allow customers to buy digital gold.MobiKwik users will be able to buy and sell 99.5% purity, 24-carat gold on the app starting at one rupee.It has partnered with SafeGold, a digital platform that allows customers to buy, sell and receive vaulted goldIt has created a separate category called ‘Gold’ on its app.

9.According to Lloyd’s Underinsurance Report 2018, India is the second-most underinsured country in the world with an insurance gap of $27 billion.China has the biggest insurance gap ($76.4 billion) followed by India ($27 billion) and Indonesia ($14.6 billion).Insurance gap refers to the gap between the actual sum assured required versus that taken.

10.The government of India has announced to build a new bridge over the Brahmaputra river.The 19.3 km, the four-lane bridge will be built by 2026-27.It will run between Dhubri in Assam and Phulbari in Meghalaya.India’s longest river bridge at present, which is 9.15 km long, lies between Dhola and Sadiya in Assam.

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