Here’s your daily summary of Current Affairs – September 11, 2018
BIMSTEC’s Field Training Military Exercise (MILEX-18) being held in Pune
The Inaugural Military Field Training Exercise for the Bay of Bengal Initiative for Multi-Sectoral Technological and Economic Cooperation nations named MILEX-18 scheduled from 10-16 September 2018 started with a Grand Opening Ceremony on 10th September at Aundh Military Station. Contingents of the member nations came together for the Opening Ceremony.
In a first in Asia, Bengaluru airport set to use face recognition as ‘boarding pass’ next year
Kempegowda International Airport (KIA) in Bengaluru is set to become the first airport in Asia next year to use face recognition as the boarding procedure for passengers to board flights and move across different sections of the airport.
A 2-day conference on Good Governance in Bhopal concludes
On the concluding day of a two-day conference on Good Governance in Bhopal, experts discussed various ways for the overall development of aspirational districts on 11th September. Central government’s Department of Administrative Reforms and Madhya Pradesh government are jointly organizing the conference with Focus on Aspirational Districts.
Sadarmat anicut, Pedda Cheruvu irrigation tank of Telangana: first from India to get Heritage Irrigation Structure status
Sadarmat Anicut and Pedda Cheruvu irrigation tank of Telangana are the first from India to secure a place in the register of World Heritage Irrigation Structures (WHIS). WHIS is maintained by the International Commission on Irrigation and Drainage (ICID). The anicut, which is an English word for Telugu’s ana-katta, meaning a rainfall bund, was built by Nawab Ikbal-ud-Dowla who bore the tile of Vicar-ul-Umrah Bahadur in 1891-92 about 50 km downstream of the Sri Ram Sagar Project (SRSP) and is chiefly fed by Sawrnavagu stream after the construction of SRSP. C.E. Wilkinson was the Taluqdar then and J.J.
Marbat festival celebrated with great fervor in Nagpur
Thousands of people thronged the streets of Maharashtra’s Nagpur city on 10th September to celebrate the Marbat festival. As per the tradition, the devotees took out a procession carrying effigies that represent evil forces. The clay effigies or ‘Marbats’ of Kali (black) and Pivli (Yellow) were the main attraction of the procession. The effigies were later taken to a Nehru Chowk ground and burned by the locals. The 150-year old festival is celebrated only in Nagpur. During the celebration, people gather to address social problems.
2nd Ayushman Bharat Call Centre inaugurated in Bengaluru
Ayushman Bharat call center was formally inaugurated on Friday in Bengaluru by CEO of Ayushman Bharat Dr. Indu Bhushan. This national call center is operational since August 25. The call center functioning 24×7 in collaboration with Medi assistant is sharing information in English and Hindi initially and 9 more regional languages to be added later. The executives are working in 7 different shifts and one more succentor centre functioning in Hyderabad. In later stages, these call centers el be functional in 30 states.
Bibek Debroy conferred ‘Honoris Causa’ by UEM
Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister, was recently conferred ‘Honoris Causa’ by the University of Engineering & Management (UEM), Kolkata. In his convocation address, West Bengal Governor Keshari Nath Tripathi called upon the students to be adaptive to new ideas.
BSNL sweeps WiFi Leadership Awards 2018; Vipin Tyagi named WiFi leader of the year
BSNL yet again swept WiFi Leadership Awards 2018 by bagging six awards and emerged as the largest public WiFi focused organization while Vipin Tyagi, Executive Director, C-DOT was conferred WiFi Leader of the Year at My India WiFi India Summit & Awards 2018 organized by DigiAnalysys in New Delhi.
NSE Academy, Knowledge@Wharton sign MoU
The NSE Academy Limited, a wholly owned subsidiary of National Stock Exchange of India Limited (NSE), Knowledge@Wharton (K@W), the online journal of research and business analysis of the Wharton School of the University of Pennsylvania and Wharton Executive Education (WEE) have signed a Memorandum of Understanding (MoU) to impart financial knowledge and skills to Indian high school students across the country. The 9th and 10th-grade students in Tier II and III cities would get a great opportunity to have access to the courses from one of the world’s most renowned business school, Wharton School.
Nepal: Om Prakash Mishra sworn-in as Chief Justice of Supreme Court
Justice Om Prakash Mishra has been sworn in as new Chief Justice of Nepal. The President Bidya Devi Bhandari administered an oath of office and secrecy to Justice Mishra in Kathmandu this evening. Earlier in the day, Parliamentary Hearing Committee (PHC) unanimously endorsed his name for Chief Justice of the Supreme Court.
India-Bangladesh ties at a new high; PM Modi, PM Hasina jointly dedicate 3 projects
Prime Minister Narendra Modi and Bangladesh PM Sheikh Hasina jointly unveiled a plaque through video conference marking the groundbreaking ceremony of the Akhaura-Agartala rail link and upgradation of the Kulaura-Shahbazpur section of Bangladesh railway. The two leaders also inaugurated a 500 MW Power Transmission Link from India to Bangladesh.
Indo-Mongolia joint exercise Nomadic Elephant-2018
Indo-Mongolia joint exercise Nomadic Elephant-2018, commenced on 10th September at Mongolian Armed Forces (MAF) Five Hills Training Area, Ulaanbaatar, Mongolia with a brief but impressive opening ceremony. The 12 days long joint exercise will be conducted from 10 Sep to 21 Sep 2018.
Learn Two a Day:
Near money: It is used in economics to describe highly liquid assets which are not cash but can easily be converted into cash such as bank deposits, certificates of deposit (CDs) and Treasury Bills.
Dear money: It refers to money that is hard to obtain because of abnormally high-interest rates. Dear money is often referred to as tight money because it occurs in periods when central banks are tightening monetary policy.