Daily GK Update & Current Affairs: 5th October 2018

GK Update & Current Affairs: 5th October 2018

1. Nobel Prize In Peace Goes To Denis Mukwege And Nadia Murad

  • The Norwegian Nobel Committee has decided to award the 2018 Nobel Peace Prize to Denis Mukwege and Nadia Murad “for their efforts to end the use of sexual violence as a weapon of war and armed conflict”.
  • Denis Mukwege is the helper who has devoted his life to defending the victims. Nadia Murad is the witness who tells of the abuses perpetrated against herself and others.

2. RBI Leaves Repo Rate Unchanged At 6.5%: Monetary Policy

  • The Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5%. Consequently, the reverse repo rate under the LAF remains at 6.25%, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75%.
  • The decision of the MPC is consistent with the stance of calibrated tightening of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth. Growth projection for 2018-19 has also been retained at 7.4%.

3. Coast Guards Of India, Vietnam Hold Joint Exercise ‘Sahyog HOP TAC-2018’

  • A Vietnam Coast Guard ship, on its maiden visit to Chennai, undertook joint exercises with the Indian Coast Guard ‘Sahyog HOP TAC-2018’, off the city coast aimed at strengthening the working level relationship between them.
  • Coast Guard ships Shaurya, Arnvesh and inreceptor boat C-431 along with a Dornier aircraft and Chetak helicopter participated in the joint exercise. The exercise was aimed at acquainting the coast guards of the two countries with each others’ capabilities and strengthening the working level relationship to rescue lives at sea.

4. India, Russia Seal $5 Billion S-400 Missile Air Defence Deal

  • India and Russia signed the $5 billion S-400 air defence system deal during the annual bilateral summit between Prime Minister Narendra Modi and Russian President Vladimir Putin at Hyderabad House. The two countries are also expected to seal a number of pacts in key sectors such as space and energy.
  • India wants to procure the long-range missile systems to tighten its air defence mechanism, particularly along the nearly 4,000-km-long Sino-India border. The S-400 is an upgraded version of the S-300 systems. The missile system, manufactured by Almaz-Antey, has been in service in Russia since 2007.

5. India Chem 2018 Conference Begins In Mumbai

  • India Chem 2018, the 10th Biennial International Exhibition & Conference began in Mumbai.
  • The largest event of Chemicals and Petrochemical Industry in India is a two-day event. Union Road, Transport and Highways Minister Nitin Gadkari inaugurated the conference.

6. Indian International Science Festival Begins In Lucknow

  • A four-day Indian International Science Festival (IISF) 2018 will start in Lucknow, Uttar Pradesh. President Ramnath Kovind will formally inaugurate the festival. IISF-2018 with its focal theme “Science for Transformation” will have 23 special events.
  • Union Science and Technology Minister Dr Harsh Vardhan announced that about ten thousand scientists and experts, including science teachers and students, will participate in the event. The IISF is being organised in the state for the first time.

7. India Moves Up To 28th Rank In Government E-Payment Adoption, Norway Tops

  • According to an international survey, India’s overall ranking on the government’s adoption of e-payments has moved up to 28th in 2018, from 36th in 2011.
  • The survey has lauded India for taking “rapid strides” in advancing government e-payments capabilities and called it one of the top- performing countries in terms of citizen-to-government business-to-government and government-to-business transactions.
  • Norway leads the pack in the 73-country ranking, followed by France and Denmark.

8. 36th National Games To Be Held Next Year In Goa

  • The 36th National Games in Goa will be held from March 30 to April 14 next year. Sports Authority of Goa (SAG) Executive Director V M Prabhudesai made the announcement in Panaji after a meeting with visiting officials of the Indian Olympic Association.
  • Shooting and cycling events will be held in New Delhi as Goa does not have facilities for these two sports. Rugby, Wushu, Modern Pentathlon, Lawn Bowl, and Billiards and Snooker will be added to the Games programme.

9. Operation Samudra Maitri: This is how India will help tsunami-hit Indonesia

  • India has launched a massive operation to provide assistance to the earthquake and tsunami victims in Indonesia, dispatching two aircraft and three naval ships carrying relief material to the country.
  • The magnitude 7.5 earthquake struck at dusk and generated a tsunami said to have been as high as 6 metres (nearly 20 feet) in places. An estimated 2.4 million people were affected, 61,867 displaced and 66,000 homes destroyed.

Read Daily GK Update and Current Affairs: 4th October 2018

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