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Current Affairs from May 2018

CURRENT AFFAIRS FROM MAY 2018

Current affairs are a vital part of any serious aspirant’s preparation for banking and government examinations. Given that the nature of this dynamic nature is always changing, we at Oliveboard publish current affairs on a weekly basis to help our students prepare for this section better. So, here are the current affairs that happened in the month of May 2018.

  1. Swachh Bharat Abhiyan (Mission) launches the GOBARDHAN (Galvanizing Organic Bio-Agro Resources) – DHAN scheme
  2. Central Government launches Pilot Scheme to procure Aggregate Power of 2,500 MW on competitive basis for 3 years
  3. India and Nepal agree to review bilateral trade treaty in July 2018
  4. Airports Council International (ACI) projects India to be the second fastest growing nation in terms of passenger-based traffic as per its forecasts 2017-40
  5. Nirmal Singh resigned as Deputy Chief Minister of J&K while Kavinder Gupta took oath in his place as the Dp. Chief Minister in Jammu and Kashmir
  6. Maharashtra to have a new airport in Sidhudurg district functional by September 2018. The project is led by Maharashtra Industrial Development Corporation (MIDC).
  7. 9th India-Japan Energy Dialogue was held in New Delhi on May 1st.
  8. GST Revenues collected exceeded Rs. 1 lakh crore in the month of April 2018
  9. Economist and Ex-West Bengal Finance Minister, Ashok Mitra, passes away.
  10. Indian Blind Football Federation (IBFF) conducts the 3rd edition of Indian Blind Football Tournament.
  11. Maharashtra becomes the first state in India to provide land record receipts with digital signatures
  12. The Cabinet Committee on Economic Affairs (CCEA) has approved the expansion and upgrade of airport infrastructure at Lucknow, Guwahati, and Chennai
  13. Kisan Kalyan workshops conducted at block level across India to discuss how to leverage technology to increase farmers’ income
  14. India and China resume their bilateral trade via the Nathu La border
  15. Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) has been approved for beyond 12th 5-Year Plan
  16. India joins USA and China as world’s top 5 military spenders
  17. Indian economy’s core industry growth slows down to 4.1% in March 2018
  18. IAS Officer Subhash Chandra Khuntia selected to lead Insurance Regulatory and Development Authority of India (IRDAI)
  19. Securities and Exchange Board of India (SEBI) tightens KYC requirements for Foreign Portfolio Investors (FPIs)
  20. Union Cabinet approves bill to double investment limit under Pradhan Mantri Vaya Vandhan Yojana from Rs. 7.5 lakhs to Rs. 15 lakhs
  21. Cabinet Committee on Economic Affairs (CCEA) approves the proposal to provide financial assistance to farmers
  22. Maharashtra Government agrees to rename North Maharashtra University after the famous poetess, Smt. Bahinabhai Chaudhari
  23. Indian boxer Neeraj Goyat is awarded the WBC Asia Boxer of the Year Award
  24. India is down to 2nd position in ICC ODI rankings
  25. 3rd May celebrated as World Press Freedom Day
  26. Serbian Deputy Prime Minister & Minister of Foreign Affairs, Mr. Ivica Dacic visits Smt. Sushma Swaraj as part of his India visit
  27. Ministry of Home Affairs launches “online event clearance system” to expedite the process of granting security passes to foreigners visiting India
  28. Pakyong airport in Sikkim becomes the 100th functional airport in the country
  29. Ministry of Human Resource Development (HRD) launches an initiative of delivering online professional development education through Massive Open Online Course (MOOC) platform, SWAYAM
  30. Ministry of Water Resources sets up the National Water Informatics Center (NWIC) to provide update statistics and actionable information on various natural water resource restoration programs
  31. 244 selected districts enter National Conference under Beti Bachao Beti Padhao
  32. Union Minister, Nitin Gadkari expected to lay foundation stone for Telangana’s highway projects
  33. Government’s Think Tank, NITI AAYOG signs Statement of Intent (SoI) with IBM to improve agriculture through artificial intelligence (AI)
  34. A legal agreement has been signed between the Government of India and the World Bank on a National Biopharma Mission to develop and improve medical services in India
  35. According to a study at Harvard University, India is expected to be the top fastest growing economy in the coming decade.
  36. Central Board of Direct Taxes notified the protocol between India and Kuwait to amend the Double Taxation Avoidance Agreement (DTAA)
  37. Gujarat Biotechnology Research Centre on initial steps to develop vaccine for leptospirosis
  38. NITI Aayog signs a Statement of Intent (SoI) with Google to boost growth of Artificial Intelligence (AI) and Machine Learning (ML) in the technological ecosystem of India
  39. India signed a $200 million loan deal with World Bank for National Nutrition Mission (POSHAN Abhiyaan) for 315 districts across all states and union territories
  40. Indian Space Research Organization (ISRO) develops an atomic clock for use in navigation satellites
  41. Indian shooters Pooja Ghatkar and Gagan Narang win silver medals in mixed event at Czech shooting event
  42. India finished 1st in the 3rd South Asian Junior Athletics Championships with 20 gold, 22 silver, and 8 bronze medals
  43. Fiji’s former PM of Indian origin, Mahendra Chaudhry selected to receive the Krishna Menon Award
  44. Delhi Jal Board (DJB) approves INR 5,137 crore budget for 2018-19 to develop and improve sewage systems and water supply networks
  45. 19th Edition of TOONZ Animations Masters Summit 2018 was held on Thiruvananthapuram, Kerala
  46. 3rd Edition of the United Nations Peacekeeping Course for African Partners (UNPCAP) was inaugurated
  47. India to host 15th Asia Media Summit as per Union Ministry of Information and Broadcasting from May 10 – 12, 2018
  48. Maharashtra Government to give about Rs. 3 per litre to the milk producers as subsidy
  49. Madhya Pradesh State Government launches India’s first Integrated Control and Command Centre for all the 7 smart cities across the city of Bhopal
  50. From May 8 – 11, 2018, the first edition of the Naval Commander’s conference is held in New Delhi
  51. Andhra Pradesh Chief Minister, Chandrababu Naidu launches the Nara Chandrababu Naidu App in the Collector’s conference held at Amravati
  52. India ranks 4th out of 25 countries in the Asia Power Index released by the Lowy Institute, an Australian think-tank.
  53. India slips to the 6th position in the Business Optimism Index as per a survey conducted by Grant Thorton
  54. India launched the 9th City Gas Distribution (CGD) licensing round to offer permits for selling of CNG and PNG
  55. Government plans to expand the Van Dhan Vikas Kendras in Tribal Districts
  56. President Ram Nath Kovind approves Delhi Government’s proposition to amend the Minimum Wages Act
  57. The 15th Finance Commission constitutes an Advisory Council to guide them
  58. The National Small Industries Corporation Limited (NSIC) signed an MoU or memorandum of understanding with the Ministry of Micro, Small, and Medium Enterprises (MSME) for the year 2018-19.
  59. To help women suffering from violence, the Centre has approved the setup of 100 more OSCs or One Stop Centres in 9 states including Haryana, Himachal Pradesh, Madhya Pradesh, Maharashtra, Mizoram, Nagaland, Odisha, Tamil Nadu, and Uttar Pradesh
  60. US announces withdrawal from the Iran Nuclear Deal
  61. 2019 Climate Summit to be conducted in New York USA in September 2019
  62. The Investment Board Nepal (IBN) has granted the license to a subsidiary of the Indian government
  63. India predicted to become the fastest growing economy in 2018 under IMF
  64. Ram Nath Kovind visits Siachen base camp: India’s second President to have ever done so
  65. NITI Aayog to announce the top 30 innovations submitted during the Atal Tinkering Marathon in Delhi
  66. Union Minister Nitin Gadkari has approved the use of green license plates for e-vehicles
  67. Suresh Prabhu, Union Minister for Civil Aviation inaugurates the 6th US-India Aviation Summit in Mumbai
  68. India’s capacity to generate clean electricity as much as 70 GW as per Union Ministry of New and Renewable Energy report updated as of March 31, 2018
  69. Memorandum of Understanding signed between the Gujarat Government and the Polish Government to mark the centenary celebrations for Poland’s independence in Delhi and other regions of the world
  70. India sends the second relief consignment for Rohingyas in Bangladesh
  71. Airports Authority of India (AAI) signs an INR 945 crore deal with the Harris Corp. for its development of futuristic infrastructure
  72. India’s tea industry reaches the highest record of tea production in the financial year 2017-2018.
  73. Jammu and Kashmir launches new fellowship programme that is named after Mufti Sayeed
  74. US President Donald Trump planned to meet N. Korea’s Kim Jong Un in Singapore on June 12, 2018
  75. Rishabh Pant becomes the first cricketer to smash the IPL maiden hundred
  76. US-based retailer Walmart confirms that it will buy 77% of the stake in Flipkart for $16 billion
  77. India and Panama have signed two agreements on Visa exemptions for holders of Diplomatic/Official passports in the agricultural field.
  78. Union Minister of Electronics and Information Technology Ravi Shankar Prasad launches the website of Digital India Internship Scheme in New Delhi
  79. Environment Minister Harsh Vardhan launches Green Skill Development Programme (GSDP) that aims to train more than 5,50,000 workers in the environment and forest sectors.
  80. Ayushman Bharat initiative’s first workshop held in Shimla
  81. UNESCO reports India witnessing the highest number of Internet shutdowns in 2017-18
  82. Kerala witnessed an advanced demographic transition with lowering mortality and fertility rates.
  83. From May 14 – 26, 2018, the first edition of International Children’s Film Festival will be conducted in Thiruvananthapuram, Kerala
  84. Union Minister Nitin Gadkari inaugurates 2 national highways in Punjab
  85. Union Home Minister approves financial assistance of INR 1,161 crore to Assam, Himachal Pradesh, Sikkim, Lakshadweep, and Rajasthan
  86. IIM Ahmedabad launches the Bharat Inclusion Initiative to support and develop knowledge, innovation, and entrepreneurship in areas such as financial inclusion
  87. United Nations Development Programme (UNDP) decides to setup a skill development center in Hyderabad
  88. President Ram Nath Kovind launches several public welfare schemes in Rajasthan for economically backward classes
  89. Union Government orders a cabinet reshuffle: Piyush Goyal takes over the finance ministry
  90. In a bid to improve their efforts towards developing sustainable sources of energy, the Indian Government has issued a National Wind-Solar Hybrid Policy through the Ministry of New and Renewable Energy
  91. Minister of State of Communication and State of Railways, Manoj Sinha, flagged off the Darbhanga-Jalandhar City Antyodaya Express
  92. Smriti Irani chairs the meeting of stakeholders on the ‘Samarth’ scheme for Capacity Building in the Textile Sector
  93. Central Public-Sector Enterprise (CPSE) along with National Aluminium Company Limited (NALCO) signs an MoU with the Union Ministry of Mines thus setting the highest ever revenue target of INR 9,350 crores for the financial year 2018-19
  94. Union Finance Ministry announces the roll out of its e-way bill system for intra-state movement of goods that are valued over INR 50,000 on May 16, 2018 for Assam and May 20, 2018 for Rajasthan
  95. First Apex Conference for Smart City CEOs conducted successfully in Bhopal, Madhya Pradesh
  96. National Thermal Power Corporation signs agreement to acquire 3 power-generation projects in Bihar
  97. India’s first all-women Post Office Passport Seva Kendra starts operations in Phagwara, Punjab
  98. President Ram Nath Kovind inaugurates the Global Exhibition on Services 2018
  99. Union Cabinet passes approval for several Memorandums of Understanding (MoUs) signed between India and foreign countries
  100. Prime Minister Narendra Modi approves the establishment of the National Institute of Mental Health Rehabilitation (NIMHR) in Bhopal, M.P.
  101. Cell for IPR Promotion and Management organized a National Intellectual Property Rights (IPR) Conference in New Delhi
  102. The International Rail Coach Expo (IRCE) to be held in Chennai, Tamil Nadu from May 17-19. 2018
  103. Uttarakhand Chief Minister, Trivendra Singh Rawat inaugurates the state’s first City Gas Distribution (CGD) network at Rudrapur in Udham Singh Nagar district of the state
  104. 3rd advance estimates of production of major crops for the year 2017-18 released by Department of Agriculture, Cooperation, and Farmers Welfare
  105. Guwahati now has the country’s first solar-powered railway station
  106. Inter-Ministerial Task Force (IMTF) created to constitute the review of the current or existing coal sources of Independent Power Producers (IPPs)
  107. “Swachhata Abhiyan” launched by Department of Administrative Reforms and Public Grievances (DARPG)
  108. Punjab Chief Minister, Amarinder Singh, announced several projects that aggregated to Rs. 555 crores for the development and upliftment of border district Tarn Taran.
  109. Prime Minister Narendra Modi lays foundation stone to construct Zojila Tunnel in Jammu & Kashmir
  110. Telangana Chief Minister K. Chandrashekhar Rao announces new Pay Revision Commission (PRC) for government employees
  111. Union Ministry of Environment forms 19 teams to clean beaches, lakes, and rivers in India
  112. Ministry of Housing and Urban Affairs announces success in its ‘Smart Cities’ mission with the completion of 1,333 projects worth Rs. 50,626 crores
  113. Minister of Commerce and Industry, Suresh Prabhu launched an Intellectual Property Mascot named IP NANI at a National Intellectual Property Rights Policy conference conducted in New Delhi
  114. Union Ministry of Development of North Eastern Region (DoNER) sanctions 2 projects worth INR 48 crores to develop tourism industry in Tripura
  115. Union Minister of Agriculture and Farmers’ Welfare, Radha Mohan Singh, addresses National Conference of Fisheries Ministers of Coastal States
  116. Bombay Stock Exchange (BSE) becomes the first Indian stock exchange to receive U.S. Securities Exchange Commission (SEC)’s recognition as a Designated Offshore Securities Market (DOSM).
  117. Swacch Survekshan 2018 becomes the first pan-India exercise to assess cleanliness in urban India thus covering 4203 cities
  118. Himachal Pradesh State Government approves the budget of INR 25 crore to be used to renovate Bantony Castle as a major tourist attraction.
  119. Indian Railways come up with a new kind of aerator for washbasins and taps in Tejas Express
  120. Union Minister of Commerce and Industry, Suresh Prabhu, creates the Directorate General of Trade Remedies (DGTR) in the Department of Commerce
  121. Union Minister of Coal and Railways, Piyush Goyal chairs a review meeting between top officials of Ministries of Coal, Railways and Power in New Delhi
  122. Supreme Court approves the Central Government’s Cauvery Management Scheme draft proposal to ensure smooth distribution of water among the states of Karnataka, Tamil Nadu, Kerala, and Puducherry
  123. Gujrat Government to bear expenses of up to INR 50,000 for victims of road accidents within the first 48 hours from May 18, 2018
  124. DAY-NULM or Deendayal Antyodaya Yojana – National Urban Livelihoods Mission launched to improve the working conditions of the urban poor
  125. Delhi Cabinet gives approval for procuring 1,000 CNG buses under the cluster scheme to upgrade them with in-built GPS, panic buttons, IP cameras, and anti-skid features
  126. RBI modifies norms to for banks setting up International Financial Services Centres (IFSC) Banking Units (IBUs)
  127. RBI prescribes 100% net stable funding ratio (NSFR) for banks to help them be more resilient and maintain adequate liquidity
  128. PM Narendra Modi inaugurates the Kishanganga Hydroelectric Project in Jammu and Kashmir
  129. The Central Reserve Police Force (CRPF) commissions the Bastariya Battalion to combat Naxalites in the Bastar district of Chhattisgarh
  130. Haryana Government to launch the ‘Chatra Parivahan Suraksha Yojana’ for the protection of female students in Haryana
  131. Energy Efficiency Services Limited (EESL) announces the distribution of 30 crore LED bulbs across the country under the government’s UJALA scheme
  132. IIT Kanpur sets up India’s first advisory Centre for Energy Regulation (CER)
  133. Uttar Pradesh Institute of Design (UPID) to launch a mobile application to help weavers market their products
  134. The World Bank extends $300 million credit to help scale up EESL scale up their energy efficiency program
  135. Asha Bhosale is honoured with the with West Bengal’s highest civilian award, Banga Bibhusan.
  136. India’s Shivangi Pathak becomes the youngest Indian woman to scale Mount Everest
  137. IDBI Bank appoints two new independent directors, Mr. Samaresh Parida and Mr. N. Jambunathan, to the board.
  138. First commercial flight lands at Pasighat in Arunachal Pradesh
  139. South-Western command Chetak Corps engage in ‘Gandiv Vijay’ intense training exercise in Rajasthan
  140. Under the approval of the Union Home Minister Rajnath Singh, Chhattisgarh shall receive a specialized anti-Naxal combat force titled, “Black Panther”
  141. Vice President Venkaiah Naidu lays foundation stone for construction of the Southern Campus of National Institute of Disaster Management (NIDM) in the Krishna district of Andhra Pradesh
  142. India receives the 1st cargo of Abu Dhabi National Oil Company (ADNOC)’s crude oil for its Mangalore Strategic Petroleum Reserve
  143. India and Russia’s first ever informal summit held at Sochi, Russia
  144. Bank of Baroda (BoB) signs an agreement with the CDSL Commodity Repository (CCRL) for pledge finance services
  145. Multi-Commodity Exchange of India (MCX) launches copper options
  146. As per the Vice Chairman of NITI Aayog, Rajiv Kumar, the Indian economy will achieve 9% growth rate by 2022
  147. The Oil and Natural Gas Corporation (ONGC) commences its operations in the Nagayalanka block of Krishna District, Andhra Pradesh
  148. In a Lancet study, India secured the rank 145 among 195 countries in terms of healthcare facility access
  149. Defence Acquisition Council (DAC) approves measures for the simplification of defence procurement procedures
  150. Government of Rajasthan launches the ‘Nidaan’ software to help with disease monitoring
  151. Election Commission to launch multilingual mobile app to enable public to share evidences of corruption in the governmental bodies directly with the electoral body
  152. The Department of Empowerment of Persons and the Ministry of Social Justice and Empowerment signed a Memorandum of Understanding (MoU) with the Artificial Limbs Manufacturing Corporation of India (ALIMCO) for FY 2018-19
  153. Western Railway (WR) launches e-catering services in 23 major railway stations
  154. New scheme launched by Maharashtra Government to help landless labourers
  155. Ministry of Railways signs Memorandum of Understanding (MoU) with the RailTel Corporation of India (RCIL) for FY 2018-19
  156. The 4th Smart Cities India Expo 2018 commences at Pragati Maidan, New Delhi
  157. D. Moorthy is appointed as the next Ambassador of India to the Republic of South Sudan
  158. India and Nepal join forces to bring wildlife poaching under control
  159. India and Nepal to conduct Joint Military Exercise ‘SURYA KIRAN-III’ in the Pithoragarh district of Uttarakhand from May 30 – June 12, 2018
  160. Union Cabinet approves the ordinance for setting up the first Indian National Sports University in Imphal, Manipur
  161. Union Cabinet approves the ordinance for the amendment of the Insolvency and Bankruptcy Code
  162. World Health Organization (WHO) declares Nepal as the first organization to eliminate Trachoma.
  163. India moves up a rank and reaches the 44th place in IMD’s competitiveness rankings
  164. US disinvites China from participating in the Rim of the Pacific (RIMPAC)exercise
  165. Pakistan hosts the Shanghai Cooperation Organization-Regional Anti-Terrorist Structure (SCO-RATS) Meeting in Islamabad
  166. The Ministry of Commerce and Industry announces the commencement of the fifty Cambodia, Laos PDR, Myanmar, and Vietnam (CLMV) countries conclave at Phnom Penh, Cambodia
  167. Indian banks’ credit grew at 12.64% while its deposits grew at 7.61%
  168. Interface (UPI) on its own platform
  169. The University Grants Commission (UGC) now approves online courses and grants autonomy to 9 deemed universities
  170. Arunachal Pradesh-based NGO, Singchung Bugun Community Reserve (SBVCR) wins the India Biodiversity Award 2018 in the “Conservation of wildlife species” category
  171. To facilitate the balanced expansion of the healthcare sector in India, the 15th Finance Commission constituted a high-level group
  172. Union Ministry of Human Resource Development starts the initiative titled, ‘Samagra Sikhsha Scheme’ to improve the quality of school education.

That’s all for the monthly current affairs in May! Stay tuned for the current affairs of the next month!

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All the Best!


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