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17th October Current Affairs 2018

  1. World Food Day: 16 October

World Food Day is a day of action dedicated to tackling global hunger.

  • The theme of World Food Day 2018 is ‘Our actions are our future – A zero hunger world by 2030 is possible’.
  • Speaking on the World Food Day, Minister of Agriculture and Farmers Welfare Shri Radha Mohan Singh said that the Indian Council of Agricultural Research takes action to remove the suffering from hunger and ensure food security and a nutritious diet for all.
  1. India is 58th most competitive economy in WEF index

India has been ranked as the 58th most competitive economy on the World Economic Forum’s global competitiveness index for 2018, which was topped by the US.

  • India’s rank rose by five places from 2017, the largest gain among G20 economies, the WEF said.
  • On the list of 140 economies, the US is followed by Singapore and Germany at the second and the third positions respectively.
  • India was ranked 58th with a score of 62.0 in the latest Global Competitiveness Report.
  1. Goa Maritime Symposium – 2018

The Goa Maritime Symposium – 2018, the second edition of the Goa Maritime Symposium (GSM) – a forum towards fostering friendly relations with the maritime neighbours – was inaugurated by the Chief of Naval Staff, Admiral Sunil Lanba PVSM, AVSM, ADC, at INS Mandovi at Goa on 16th October 2018.

  • The “Naval War College Journal”, an academic compendium with ideas and papers from writers and thinkers on maritime strategy and security, was also released on the occasion by the CNS.
  • Welcoming the delegates to the seminar, Admiral Lanba reiterated the importance of cooperative engagement to promote maritime security in the Indian Ocean Region (IOR).
  • The theme of the seminar, this year was “Building Stronger Maritime Partnerships in IOR”.
  1. Much awaited Rani-Jhansi Flyover inaugurated in Delhi

Rani Jhansi Grade separator, the ambitious flyover project in north Delhi was thrown open to public byUnion Environment Minister Dr. Harsh Vardhan.

  • The six-lane, 1.8-km grade separator will provide connectivity to St Stephen’s Hospital near the Tiz Hazari Courts complex with Filmstan Cinema and also it will provide a link with the intersections for Baraf Khana, DCM Chowk, Azad Market and Subzi Mandi areas of Delhi.
  1. IITs dominate first-ever Indian university rankings

The Indian Institutes of Technology (IITs) dominate the first-ever standalone ranking of India’s higher education institutions released by a UK-headquartered think tank.

  • IIT Bombay tops the ‘QS India University Rankings’, with IITs Madras (3), Delhi (4), Kharagpur (5), Kanpur (6), Roorkee (9) and Guwahati (10) grabbing seven of the top 10 slots.
  • Indian Institute of Science (IISc) in Bangalore comes in at second, with University of Hyderabad and University of Delhi among the others making a top-10 mark at seventh and eighth respectively in the list released by QS Quacquarelli Symonds.
  1. 6th India International Silk Fair Inaugurated

Union Minister of Textiles, Smriti Zubin Irani, inaugurated the 6th India International Silk Fair (IISF) at Pragati Maidan in New Delhi.

  • Among those present on the occasion was Ambassador of Vietnam to India, Pham Sanh Chau.
  • 108 exhibitors from all over the country including 10 from North East and 9 from J&K are participating in the 3-day fair.
  • The largest contingent of buyers is from Vietnam followed by Sri Lanka, Australia, Kuwait and Egypt.
  • India is the 2nd largest producer of silk after China and is emerging as a leading exporter.
  • The Indian products are in demand in USA, UK, Vietnam and Sri Lanka.
  1. MoU signed between Lady Irwin College & MoRD for Roshni

Ministry of Rural Development and Lady Irwin College, have signed  a Memorandum of Understanding (MoU) for establishing ROSHNI – Centre of Women Collectives led Social Action.

  • ROSHNI is technically and financially supported by UNICEF India serving as a technical support unit at national level.
  1. CVC analyses 100 top bank frauds

Central Vigilance Commission (CVC) has reviewed and analyzed Top 100 Bank Frauds, as on 2017.

  • Sharing the details Dr. T.M. Bhasin, Vigilance Commissioner, CVC informed that the Commission has sub divided the study into 13 sectors.
  • This are comprising of Gems and Jewellery, Manufacturing, Agro sector, Media, Aviation, Service Sector, Discounting of cheques and bills, Trading sector, IT Sector, Exports sector, Fixed deposits and Demand Loan etc.
  1. RBI approves Sandeep Bakshi appointment as ICICI Bank MD, CEO

ICICI Bank has said the RBI has approved Sandeep Bakshi’s appointment as Managing Director and CEO of the bank for three years.

  • After resignation of Chanda Kochhar, the bank’s board had elevated Chief Operating Officer (COO) Bakshi as the new managing director and CEO for five years until October 3, 2023.

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