Current Affairs 01 October 2018

Current Affairs of 01 October 2018 are as follows:-

1. Prime Minister Narendra Modi Inaugurates Modern Food Processing Facilities And Pipeline Projects In Gujarat:-

  • Shri Narendra Modi inaugurated the state-of-the-art chocolate plant of Amul dairy set up with an investment of about 190 crore rupees at Mogar village in Anand district of Gujarat
  • Shri Narendra Modi inaugurated the state-of-the-art chocolate plant of Amul dairy set up with an investment of about 190 crore rupees at Mogar village in Anand district of Gujarat

2. India is to gift three MiG-21 fighter jets to Russia:-

  • India is to gift three MiG-21 fighter jets to Russia. Russian President Vladimir Putin is to meet Prime Minister Narendra Modi be in New Delhi on October 4 and 5 for the annual summit. The handing over of 3 MiG-21s is based on a request from Russian Defence Minister to Indian Defence Minister. The gifts comprise of one Type 75 aircraft and two Type 77 aircraft. 
  • This is a major symbolic gesture to showcase the all-weather friendship and deep strategic partnership between India and Russia, which has been put to test in recent times due to changing geopolitical conditions.

3. International Day Of Older Persons is observed on 1 October:-

  • The theme for the 2018 celebration is “Celebrating Older Human Rights champions”.On December 14, 1990, the United Nations General Assembly voted to establish October 1 as the International Day of Older Persons.  
  • The day was observed for the first time on October 1, 1991.

4. Chinas multi-role combat aircraft, FTC 2000G, made its debut flight:-

  • FTC-2000G, China’s indigenously built new multi-role combat aircraft, for exports has made its debut flight. The aircraft was developed for export by the State-owned Aviation Industry Corp of China (AVIC). 
  • The aircraft flew for about 16 minutes. More than 1,000 people, including provincial leaders as well as Ambassadors and military, attaches from several nations, took part in the ceremony marking the flight. The aircraft is tasked mainly with air strikes against ground targets.

5. Modi and Putin to discuss S400, Kamov at the summit in New Delhi:-

  • Before the bilateral summit that is to be held in the first week of October between Prime Minister Narendra Modi and Russian President Vladimir Putin, the discussions are still underway between the two sides to conclude a final deal for 200 Kamov-226T utility helicopters. 
  • India and Russia have already concluded an Inter-Governmental Agreement (IGA) for 200 helicopters estimated to cost over $1 billion. Under the deal, 60 helicopters will be imported from Russia and at least another 140 will be built in India by Hindustan Aeronautics Limited (HAL) with technology transfer. As part of this, a joint venture was set up in India which will build the helicopters.

6.Reserve Bank of India Bars Bandhan Bank From Opening New Branches:-

  •  Reserve Bank of India (RBI) barred Bandhan Bank from opening new branches and also ordered freezing of the bank's CEO salary over failure to stick to shareholding rules.
  • The Bank was not able to bring down the shareholding of Non-Operative Financial Holding Company (NOFHC) to 40% as required under the licensing condition, general permission to open new branches stands withdrawn.

7. India's first Corn Festival Starts In Madhya Pradesh:-

  • The festival is one of a kind international event. 

8. Indian Railways partners with Google to launch Rail Heritage Digitisation Project:-

  • The Railway minister Shri Piyush Goyal launched the project through video conferencing in Delhi.
  • The main aim is to showcase India’s rail heritage to the national and international audience in an online storytelling platform.

9. Yuvraj Wadhwani Lifts Asian Junior Squash Title:-

  • Yuvraj Wadhwani has won the 25th Asian junior individual squash championship title. In Chennai recently, he defeated Anas Ali Shah of Pakistan by 13-11, 11-5, 6-11, 12-10 in the final.

10. Deepika Kumari, Abhishek Verma win Bronzes at Archery World Cup Final:-

  • Deepika Kumari has won bronze after defeating Germany’s Lisa Unruh 6-5 in the bronze medal match. Abhishek Verma has won bronze after defeating South Korea’s Kim Jongho 149-147 in the bronze medal match on Saturday. Verma and Jyothi Surekha Vennam won silver in the mixed team event after losing 152-159 in the final to Turkey.

11. Legendary harmonium artiste Pandit Tulsidas Borkar passes away:-

  • Born in Borim, Goa, on 18 November 1934, Borkar was conferred the Padma Shri in 2016 for his contributions to Indian music. He was honored with the prestigious Sangeet Natak Akademi Award in 2005, among many other national and international honors, besides taking part in music concerts all over India and overseas.

12. Argentina gets the biggest loan in IMF’s history at $57bn:-

  • Argentina has received the biggest loan package ever from the International Monetary Fund, aimed at shoring up the country’s ailing finances: a whopping $57.1bn that will be disbursed over the next 3 years. The loan – $15bn of which has already been received by Argentina – comes with stringent conditions, including a commitment to a zero deficit for 2019.

Current Affairs Month