One Liner GK Current Affairs- 18 September 2018

Daily Current Affairs & GK Update 18 September 2018

In the Current Affairs & GK Update of 17 September 2018 we cover  all important National,International,Financial,Sports news, nominations, agreements which are relevant for upcoming IBPS PO,IBPS Clerk,SSC,IBPS RRB, INDIAN Bank PO exams.We at Achieversrule regularly provide One Liner Current Affairs and GK Updates to keep our candidates prepared for Current Affairs section of Banking,Insurance exams and current affairs exam.

National:

• The Defence Acquisition Council (DAC), chaired by Raksha Mantri Smt. Nirmala Sitharaman, met here today and accorded approval for the procurement of equipment for the Defence Forces valued at over Rs 9,100 crores.The Defence Acquisition council also approved procurement of two regiments of Akash missile Systems under 'Buy(Indian)' category from M/S BDL.
• A BILATERAL meeting on tourism cooperation between India and Morocco led by the Minister of Tourism, Air Transport, Handicraft and Social Economy, Kingdom of Morocco, Mohamed Sajid and the Minister of State for Tourism (IC), Government of India, K. J. Alphons.
• The Union Minister for Railways and Coal, Piyush Goyal inaugurated the ‘first ever’ India Tourism Mart (ITM 2018) in the presence of Union Tourism Minister, K J Alphons and the Tourism Minister of Morocco, Mr. Mohamed Sajid, in New Delhi.

Agreement:

• The Delhi government on September 14, 2018 signed a Memorandum of Understanding with the Seoul Metropolitan Government to work closely in the fields of environment, tourism, waste water and solid waste management, infrastructure and public health.The Mou on the 'Friendship and Cooperation Agreement' was signed by Delhi Chief Minister Arvind Kejriwal and Seoul mayor Park Won-Soon in Seoul, the capital of South Korea.

Financial News:

• The Central Board of Direct Taxes (CBDT) on Monday said no witholding tax will apply on interest payments made by an Indian company or a business trust to a non-resident in respect of offshore rupee denominated bonds issued between September 17, 2018 and March 31, 2019.The move is expected to incentivise foreign exchange inflows into India through low-cost offshore rupee denominated bonds, popularly referred to as masala bonds.
• The Centre on Monday proposed the amalgamation of state-owned Bank of Baroda, Dena Bank and Vijaya Bank to create India’s third largest bank as parts of reforms in the public sector banking segment.

Defence:

• The second edition of Nepal-China joint military exercise (JME) named Mt Everest Friendship Exercise-2018 (Sagarmatha Friendship-2018) commenced in China’s southwestern Sichuan province. 

New Approval:

• PayU India has received Reserve Bank of India’s (RBI) approval to operate its own non-banking financial company (NBFC), the digital payments firm owned by South Africa’s Naspers Ltd.

Awards:

• An all-woman crew of INSV Tarini has bagged the prestigious Tenzing Norgay National Adventure award for beating the odds in water with their enduring skills and sailing across the world for eight long months. The award is the highest national recognition for outstanding achievements in the field of adventure on land, sea and air.
• Kerala Tourism's vigorous efforts to get back on track in the wake of recent devastating floods got a shot in the arm as it walked away with two prestigious gold awards of the Pacific Asia Travel Association (PATA) for its innovative marketing campaigns.

Obituary:

• Noted freedom fighter and former Odisha Minister Dolagobinda Pradhan passed away in Bhubaneswar. He was 93.He also took part in 'Quit India' movement.

STATIC GK NOTE DOWN POINTS

• Capital of Maldives:Male.
• Currency of Maldives:Maldivian rufiyaa.
• President of Maldives:Abdulla Yameen.
• Chairman of SBI:rajnish Kumar.
• Chief Minister of Kerala:Pinarayi Vijayan.
• Governor of Kerala:P Sathasivam.
• Capital of South Korea:Seoul.
• Currency of South Korea:South Korean Won.
• President of South Korea:Moon Jae-in.
• The Minister of state for Tourism of Government of India:K.J.Alphons.
• Capital of Morocco:Rabat.
• Currency of Morocco: Moroccon Dirham.
• The India Tourism Mart is being organized by the Ministry of Tourism in partnership with the Federation of Associations in Indian Tourism and Hospitality (FAITH) and with support of State /UT Governments.
• Chairman of the Central Board of Direct Taxes:Sushil Chandra.
• Managing Director of PayU India:Jitendra Gupta.
• President of China: Xi Jinping.
• Capital of China: Bejing.
• Currency of China:Renminbi.