1.A committee of
governors set up by President Ram Nath Kovind, submitted its report
on doubling farm income on 26 October 2018.It recommended developing
climate-resilient and input-efficient crop varieties.It has made 21 major
recommendations for doubling the income of farmers.Uttar Pradesh Governor Ram
Naik is the head of the panel.
2.Train 18, the
country’s first engine-less train, was unveiled on 29th October 2018.Train
18 will undergo short runs near Chennai’s Integral Coach Factory (ICF) for five
days for testing its braking system, the on board air conditioning and other
systems.The train can travel up to the speed at 160 kilometres per
hour (kmph) as against 130 kmph of Shatabdi Express.
3.The sixth
phase of sale of electoral bonds will take place from 1 November to
10 November 2018.State Bank of India (SBI) has been authorised to
issue and encash electoral bonds through its
29 authorised branches.These bonds have a life of 15 days from the
date of issue.Eligible political parties are allowed to encash electoral bonds
only through their bank accounts.
4.State Bank of
India (SBI) formed a Joint Venture (JV) with Hitachi Payment Services Pvt Ltd
to create a digital payment networkHitachi Payments will invest 26% in SBI
Payment Services Pvt Ltd, a wholly-owned subsidiary of SBI.The JV agreement is
subject to requisite regulatory approvals.The JV will provide various payment
options to customers and merchants.
5.The Indian
government donated about US$ 300,000 for the ‘Pipeline to Peacekeeping Command
Programme’.The programme will, over a period of three years, help develop the
capacity of future commanders and managers to lead by example and raise
awareness of UN standards.India is one of the largest troop-contributing
countries to UN peacekeeping missions.
6.India’s first
gallery on robotic dinosaurs was inaugurated on 27th October 2018 at the
Pushpa Gujral Science City in Kapurthala, Punjab.The new gallery will
display the story of birth and evolution of dinosaurs.A total of 7 moving dinosaurs,
made from steel and silica gel with durable motors, have been added to the
exhibition.
7.Former army
captain Jair Bolsonaro was elected President of Brazil on 28 October 2018.He
defeated leftist opponent Fernando Haddad.Bolsonaro was declared the winner by
the Supreme Electoral Tribunal after 94% of the votes were
counted.Bolsonaro will take office on 1st January 2019.
8.Prime Minister
Narendra Modi participated in the Thirteenth India-Japan Bilateral Summit in
Tokyo on 29 October 2018.The two sides will also be exploring ways of
boosting defence and strategic partnership further.In the summit, the
leaders of both nations will review the progress made since 2017 in various
agreed areas and projects under implementation with Japanese assistance.
9.Michael D
Higgins has been re-elected as Irish President after receiving 56% of the
country’s electoral vote.Businessman Peter Casey came second with 23.1%
votes.The President is Ireland’s ‘first citizen’, but has limited power – the
role is mainly symbolic and he or she cannot get involved in daily politics.
10.The
government of India appointed Indian Revenue Service officer Sanjay Kumar
Mishra as Director of Enforcement Directorate (ED).He has been given additional
charge of the post of Director for a period of three months.The ED enforces two
major laws in the country to check black money: The criminal Prevention of
Money Laundering Act and the Foreign Exchange Management Act.
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