Current Affairs 18 September 2018

Current Affairs of 18 September 2018 following:-

1. Center has proposed the merger of Bank of Baroda, Vijaya Bank, and Dena Bank:-

  • the Government has proposed the merger of Bank of Baroda, Vijaya Bank and Dena Bank for the construction of India's third largest global competitive bank. Finance Minister Arun Jaitley has announced that this merger will increase banking operations and currently any employee will not face the status of any service.
  • The government had announced in the budget that the integration of banks was also on the government agenda. Earlier, the government had merged five SBI subsidiaries into State Bank of India.

2. India-Morocco Tourism Bilateral Meeting was organized in New Delhi:-

  • Moroccan tourism in New Delhi, Air Transport, Handicraft and Social Economy Minister Mohammed Sajid and India's Tourism Minister of State (Independent Charge)  J. Alphonse Mr. led to a bilateral meeting on tourism cooperation between India and Morocco was held.
  • During this meeting, the two Ministers agreed to work towards increasing tourism cooperation between India and Morocco and to increase the number of tourists in both countries.
  • In the meeting for tourism development, the cooperation agreement between India Tourism Development Corporation and Moroccan Agency SMIT was signed.

3. 3-day First-ever global India Tourism Mart held in Vigyan Bhawan, New Delhi:-

  • On September 16-18, 2018, the 3-day ‘first ever’ India Tourism Mart (ITM 2018) was inaugurated by Union Minister for Railways and Coal, Shri Piyush Goyal in New Delhi.
  • It was inaugurated in presence of:-
  1. Union Tourism Minister, Shri K J Alphons and
  2. Tourism Minister of Morocco, Mr. Mohamed Sajid.

4. The government of India inaugurates the All India Pension Adalat:-

  • Dr. Jitendra Singh also presented the ‘Anubhav’ awards 2018 to 6 pensioners for their contribution to creating the institutional memory for the departments. The Anubhav scheme was instituted through the idea of Prime Minister Narendra Modi in 2015.
  • He also launched a booklet named “An era of sustained reforms for Central Government Pensioners” with simplification of rules and steps to strengthen the Grievance Portal and make it user-friendly.
  •  Pension Adalat is organized by the Department of Pension & Pensioners Welfare (DoP&PW).
  • Through this scheme, on a single day, all the Central Government Ministries will conduct their respective Pension Adalats and on-the-spot resolution will be offered to the grievance holder.
  • Also, a Pre-Retirement Counselling (PRC) was conducted for the Central Government employees who will be retiring in the next 6 months.
  • 600 retiring Central Government employees took part in this PRC. The PRC Workshop was conducted to create awareness about post-retirement entitlements.

5. Harsh Vardhan releases draft India Cooling Action Plan (ICAP):-

  • An improved website on the Ozone Cell of the Ministry and a Management Information System (MIS) for Ozone Depleting Substances (ODS) was also launched.
  • He also released two handbooks for trainers and technicians on “Good Service Practices and installation of room air-conditioners with HCFC-22 and flammable refrigerants”.
  •  Also, “A Guide for integration of topics related to HCFC Phase out and Energy efficiency in Architectural Curriculum” was released.
  • ICAP has been prepared by the Ministry of Environment, Forest and Climate Change.   The process was initiated in July 2017.

6.DAC approves the purchase of equipment worth Rs 9,100 crore:-

  • Under the chairmanship of Defense Minister Smt. Nirmala Sitharaman, the  Defense Acquisition Council (DAC) has approved the purchase of equipment for the force of more than Rs 9,100 crore.
  • DAC has approved the purchase of two regiments of the sky missile system under the ' Buy  ' category from M / s BDL.

7. Germany launches the world’s first hydrogen-powered train:-

  • On 17th September 2018, Germany launched the world’s first hydrogen-powered train with costlier but eco-friendly technology.
  • The two Coradia it trains was built by French train-maker firm Alstom. It started operating on a 100 km (62-mile) route between Cuxhaven, Bremerhaven, Bremervoerde, and Buxtehude in northern Germany.
  •  The Coradia it trains can run for nearly 1,000 km on a single tank of hydrogen. It can carry up to 300 passengers. It runs at a speed of 140 km/h.
  • Hydrogen will be pumped into the trains from a 40-foot high steel hydrogen gas container at Bremervoerde station.
  •  Hydrogen trains have fuel cells that produce electricity through a combination of hydrogen and oxygen, leaving steam and water as the only emissions. Excess energy is stored in ion-lithium batteries.

8.No restriction on interest payment of spice bonds will be enforced:-

  • Central Board of Direct Taxes (CBDT)  has announced that any Indian company or non-resident in relation to an offshore Rupee-based bond issued between 17th September 2018 and 31st March 2019 will not be prohibited from paying interest by the business trust. A tax will not be applicable.
  • This step is expected to encourage foreign currency flows in India through less costly offshore rupee-bonded bonds, which are also known as masala bonds. In this regard, legislation amendment will definitely be done.

9.Japan Open 2018: Complete list of winners:-

  • 2018 Japan Open,  officially  Daihatsu Yonex Japan Open 2018, is a badminton tournament held in Musashino Forest Sports Plaza in Tokyo, Tokyo, and its total prize was $ 700,000. 
  • In men's singles category, Canto Momota of Japan won the title by defeating  Khosat Phatpadab.  In the women's singles,  Spain's Marin Marin won the title by defeating Nozomi Okuhara.

10.Former Minister of Odisha Dolagobinda Pradhan dies:-

  • Freedom fighter and former Odisha minister Dolagobinda Pradhan has passed away in Bhubaneswar. He was 93 years old.
  • He was a follower of Mahatma Gandhi, he participated in the Quit India Movement in 1942, and the then British government had been imprisoned for 3 years and two months.

Current Affairs Month