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Current Affairs & General Knowledge January 2018 Free PDF – GK Eduwrap

GK Eduwrap January 2018

Read Current Affairs of last month online, all summarized well into one digest GK Eduwrap. Also, covering all the latest questions of General Knowledge asked in General Awareness for Bank PO.

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Bills [Amendments & New]

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NationalNational Current Affairs | Access the Latest Happenings across India

1. Arunachal Pradesh has been officially declared as second Open Defecation Free (ODF) state in the northeast after Sikkim.

 Arunachal has attained the feat much before the national deadline of 2 October 2019, in its 21 districts.

 It is overall the fifth state to be declared as an ODF state after Himachal Pradesh, Kerala and Haryana.

2. In the Positive Peace Index 2017 ranking released by the Institute of Economics and Peace, India has been ranked 90th among 163 countries.

 The top three countries in the Positive Peace index are Sweden, Switzerland and Finland respectively.

 Despite the unrest in the last one year, there is an atmosphere of peace in 93rd countries

3. Under Bharat Net Project, the government plans to connect all Gram Panchayats with high-speed internet through Wi-Fi or other broadband technology by March 2019.

 Telecom Minister Manoj Sinha informed the Parliament that government has approved INR 4,066 crore for providing internet connectivity to people at approximately 2,50,000 Gram Panchayats in the country.

4. The Minister of Women & Child Development, Smt. Maneka Sanjay Gandhi has inaugurated an online portal ‘NARI’ in New Delhi for the empowerment of women.

 The portal will provide women citizens with easy access to information on government schemes and initiatives for women.

 The NARI portal summarizes over 350 government schemes and other important information for the benefit of women, with more being added every day.

5. The entire Nagaland has been declared as a disturbed area for six more months, till June- end, under the controversial AFSPA.

 Various organizations have been demanded the controversial Armed Forces Special Powers Act (AFSPA) in the northeast which gives sweeping powers to the security forces.

 AFSPA empowers security forces to conduct operations anywhere and arrest anyone without any prior notice.

6. The UP government has released ‘Uttar Pradesh Electronics Manufacturing Policy’ under which Noida, Greater Noida and the Yamuna Expressway region has been declared as an Electronics Manufacturing Zone.

 The aim of this policy is to ensure that the state gets the status of a favorite investment destination.

 The target of the policy is to attract investments worth INR 20,000 crore in the ESDM sector and 3 lakh jobs by 2022.


7. Jharkhand Chief Minister Raghubar Das has launched “Saubhagya Yojana”, a programme that would provide electricity to all the 29,376 villages in the state.

 The government has provided electricity to 13 lakh households in three years.

 By December 2018, the target is to provide electricity to the rest 17.64 lakh households.

8. The Government is implementing a scheme, the Deendayal Disabled Rehabilitation Scheme (DDRS) that provides grant-in-aid to non-governmental organizations for various projects relating to rehabilitation of persons with disabilities.

 The objective of the scheme is to enable persons with disabilities to reach and maintain their optimal, physical, sensory, intellectual, psychiatric or social functional levels.

9. A committee, Committee on National Security and Central Police Personnel Welfare has been constituted for recommending the names of IPS officers to the Appointments Committee of the Cabinet for an appointment at the level of Director General.



10. Tamil Nadu has emerged as the leader in the country in terms of Gross Enrolment Ratio (GER) in higher education.

 The All India Survey on Higher Education report (2106-2017), released by Minister of HRD Prakash Javadekar, saw the State lead with a GER of 46.9%.

 Among Union Territories, Chandigarh recorded 56.1%. GER for higher education is calculated with reference to the age group 18-23.

11. The New Delhi World Book Fair (NDWBF) will be held in the Capital during January 6-14 at Pragati Maidan. It has emerged as one of the most significant events in the publishing world.

 The fair is going to be organized by National Book Trust, India which promotes titles, trade, co-publication titles and the habit of reading.

 The fair serves as a meeting point for readers and publishers, which had started in 1972.

 Considering the ramifications of climate change and in a bid to promote the same, this year the theme of the event is Environment & Climate Change.

 The European Union will be the guest of honour for this year.

12. Arunachal Pradesh would become the second state in the country to get Film and Television Institute, being set up by the union government as part of tapping the potential of the North Eastern region.

 The first Film and Television Institute of India (FTII) was set up in Pune.

 It is an autonomous institute operating under the Information and Broadcasting Ministry.

 It was established in 1960. Anupam Kher is its present Chairman.

13. Telangana Government has inaugurated country’s first National Park for people with special needs.

 Municipal Administration and Urban Development Minister K.T. Rama Rao inaugurated the park, which has speech therapist, physiotherapist, vocational training instructors for the differently-abled children.

14. The Union Cabinet chaired by PM Narendra Modi has approved the establishment of new AIIMS in Bilaspur (Himachal Pradesh) under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) which costs INR 1351 crore.

 Under this scheme, AIIMS has been established in Bhubaneshwar, Bhopal, Raipur, Jodhpur, Rishikesh and Patna while work of AIIMS Rae Bareli is in progress.

15. Himachal Pradesh Chief Minister, Jai Ram Thakur has announced setting up of a 24×7 helpline for women, called Gudiya.

 Gudiya is a nickname given to the 16-year-old Kotkhai victim of rape and murder during the rule of the previous Congress Government.

 Three special crime cells would be set up as part of this initiative. Officers of these cells will report cases of crime against women without any delay.

16. Haryana becomes the first state in the country to launch High-Risk Pregnancy (HRP) Portal as part of the High-Risk Pregnancy Policy of State implemented since November 2017.

 The policy aims at identifying 100% name-based high-risk pregnancy cases and ensuring their delivery by specialists at civil hospitals.

 The portal will help in early identification of high-risk pregnant cases up to grass-roots level and ensures their timely referral to civil hospitals for further management and delivery by specialists.

17. Defence Minister Nirmala Sitharaman has announced the release of INR 20 crore to the Coimbatore District Small Industries Association (Codissia) for setting up a defence innovation center.

 It will help the micro, small and medium enterprises and start-ups engaged in the manufacture of components for the defence sector to conduct tests and trials of the components.

 The minister said that India is the third biggest armaments procurement country in the world.

18. The Union Ministry of Health and Family Welfare is going to roll out National Programme for Control of Viral Hepatitis, a new scheme for free treatment of Hepatitis C from the 2018-19 financial year.

 Under the new scheme, the focus will be on anti-viral treatment of Hepatitis C, which will be provided free at all government health set-ups.

19. The 4th International Conference on Dharma-Dhamma was inaugurated at Rajgir, Bihar by the President of India Shri Ram Nath Kovind on January 11, 2018.

 The aim of the conference is to provide an opportunity to academics and policy makers from India and abroad to share ideas for a better world.

 The conference was organized by Nalanda University in collaboration with the Centre for the Study of Religion and Society, India Foundation, and the Ministry of External Affairs, Government of India.



20. Gujarat has topped the Logistics Ease across Different States (LEADS) Index, followed by Punjab and Andhra Pradesh among 22 states.

 Commerce and Industry Minister Suresh Prabhu has released the report at the third meeting of Council for Trade Development and Promotion in New Delhi.

21. The Government of India has launched Pradhan Mantri Har Ghar Sahaj Bijli Yojana (SAUBHAGYA).

 The objective of the scheme is to achieve universal household electrification by providing last mile connectivity to all household in rural and urban areas by March 2019.

 Rural Electrification Corporation (REC), a Navratna Company is organizing a ‘Short Film’ making contest to create awareness about the SAUBHAGYA scheme and to involve general public as ambassadors of the programme.

22. The ministry of health and family welfare has recently released the data of the 4th round of National Family Health Survey (NFHS-4).

 According to the survey, Jains are the wealthiest religious community in India.

 Delhi and Punjab are the richest states. Bihar is the poorest.

 Conducted over 6 lakh Indian households in 2015-16, it also reveals poverty as a largely rural phenomenon.

23. The Ministry of Culture is organizing the 7th edition of the Rashtriya Sanskriti Mahotsav under the Ek Bharat Shreshtha Bharat programme in Bengaluru, Karnataka to celebrate the idea of unity in diversity.

 The Ek Bharat Shreshtha Bharat programme was launched to promote engagement amongst the people of different states/ UTs, to enhance mutual understanding and bonding between people of diverse cultures, thereby securing stronger unity and integrity of India.


24. The 4th ASEAN-INDIA Ministerial Meeting on Agriculture and Forestry was held at NASC Complex, New Delhi.

 The aim of the meeting was to facilitate promotion of joint research for the development of technologies for increasing production and productivity of crops, livestock and fisheries, and natural resources management, among others in the region.

25. The Petroleum Conservation Research Association (PCRA) under the aegis of Ministry of Petroleum & Natural Gas has launched a month-long Saksham 2018 (Sanrakshan Kshamta Mahotsav).

 Saksham is annual flagship event of PCRA with an active involvement of Oil & Gas PSUs along with other stakeholders like State Governments.

 Saksham aims at creating focused attention on fuel conservation through people-centric activities and sensitize masses about conservation and efficient use of petroleum products leading to better health and environment.

26. Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu has renamed the iconic memorial ‘Teen Murti Chowk’ as ‘Teen Murti-Haifa Chowk’ after Israeli City Haifa in a solemn ceremony.

 Teen Murti statues have three life-size bronze statues representing the Hyderabad, Jodhpur and Mysore Lancers who participated in the Battle of Haifa for the 15 Imperial Service Cavalry Brigade.

 The name of Teen Murti Chowk is renamed as a symbolic gesture of friendship between India and Israel.

27. According to the World Economic Forum (WEF), India has been placed at the 30thposition on a global manufacturing index ranking.

 Japan has been named first in top-ten list of Geneva-based WEF’s first ‘Readiness for the future of production report’ followed by South Korea, Germany, Switzerland and

 India has been placed in the ‘Legacy’ group along with Hungary, Mexico, Philippines, Russia, Thailand and Turkey, among others.

28. Union Home Minister Rajnath Singh has inaugurated the International Workshop on Disaster Resilient Infrastructure (IWDRI) in New Delhi.

 The workshop was organized by National Disaster Management Authority (NDMA) in collaboration with United Nations Office for Disaster Risk Reduction (UNISDR).

29. The Indo-US joint military exercise ‘Vajra Prahar’ will be held at Joint Base Lewis-McChord (JBLM) in Seattle, USA.

 Vajra Prahar is being conducted alternately in India and the US. The last edition of the exercise was held in Jodhpur in March 2017.

30. Union Minister of State for Agriculture & Farmers Welfare, Shri Gajendra Singh Shekhawat is leading the Indian delegation to 10th Global Forum for Food & Agriculture.

 The theme of this year’s event is Shaping the future of livestock – sustainably, responsibly, efficiently.

 The discussions will focus on sustainable and productive animal production among other issues.



31. PM Narendra Modi has inaugurated HPCL Rajasthan Refinery Ltd (HRRL) project commencement of oil refinery in Rajasthan’s Barmer district. It is first oil refinery to be set up in Rajasthan.

 The project is undertaken as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and the Rajasthan government.

 HPCL owns 74% stake in the project, while the state government owns 26%.

32. Shri Hardeep S. Puri, Minister of State (I/C) for Housing & Urban Affairs has announced 9 new cities in 4th round under National Smart Cities Challenge.

 Silvassa from Dadar & Nagar Haveli has topped the list of winning cities in this round of competition. Other winning cities are –

 Erode, Tamil Nadu

 Diu, Daman & Diu

 Biharsharif, Bihar

 Bareilly, Uttar Pradesh

 Itanagar, Arunachal Pradesh

 Moradabad, Uttar Pradesh

 Saharanpur, Uttar Pradesh and

 Kavaratti, Lakshadweep

33. The government has approved 2018 as ‘National Year of Millets’ to boost production of the nutrient-rich millets and the sunrise agri industry involved in it.

 The observation of Year of Millets will help in the promotion of production and consumption of millets will substantially contribute in the fight against targeted hunger and mitigate effect of climate change in long

34. President Ram Nath Kovind presented the Sangeet Natak Academi Fellowship and Sangeet Natak Akademi Awards for 2016 to the renowned group of musicians, Dancers, and theater artists.

 The Sangeet Natak Akademi Fellowship (Akademi Ratnas) and Sangeet Natak Akademi Awards (Akademi Puruskar) are national honours bestowed by the government on performing artists as well as teachers and scholars in the field of performing arts.

 The 4 eminent artists have conferred fellowships in the function, namely Arvind Parikh, R Vedavalli, Ram Gopal Bajaj and Sunil Kothari.

35. Tamil Nadu will host an International exhibition on Defence named DefExpo-2018 in April.

 The aim of the exhibition is showcasing the latest technologies and products manufactured by both Indian and foreign companies.

 It will also give an opportunity to the State to showcase its strength as one the largest manufacturing hubs of defence productions.

36. National Conference of the State channelizing Agencies, Public Sector Banks and Regional Rural Banks of National Handicapped Finance and Development Corporation (NHFDC) was conducted in New Delhi.

 The main aim of the conference was better coordination in NHFDC and Channelizing agencies for the smooth and better implementation of NHFDC Schemes for the benefit of a larger number of Persons with Disabilities (Divyangjan).

37. Arunachal Pradesh Chief Minister Pema Khandu inaugurated the World War II Memorial Museum in the Changlang district, near Myanmar border.

 The museum is built by the Union Culture Ministry in memory of those who laid down their lives in WWII and is located adjacent to the historic Stilwell Road.

38. The Minister of State for AYUSH, Shri Shripad Yesso Naik laid the foundation stone for Central Research Institute (CRI) in Jaipur.

 This will be the third CRI under the aegis of Central Council for Research in Homoeopathy (CCRH), an autonomous body of Ministry of AYUSH for undertaking scientific research in Homoeopathy, with 23 institutes across the country.

 The institute is also contributing to the Swasthya Rakshan Program at five adopted villages.

39. Election Commission of India (ECI) hosted a one-day International Conference on the subject ‘Inclusion of Persons with Disabilities in the Election Process’ in New Delhi on the occasion of 8th National Voters Day Celebrations.

 Chief Election Commissioner of India Mr. O.P. Rawat, reiterated ECI’s resolve to uphold the sanctity of free, fair and peaceful elections in keeping with the rich democratic traditions of India.



40. The Government has appointed six new Joint Directors in the Central Bureau of Investigation (CBI).

 The officers who have been appointed as joint directors in CBI are senior police officer Praveen Sinha, police officers Ajay Bhatnagar, Pankaj Kumar Srivastava, IPS officers  Sharad Aggarwal, Gajendra Kumar Goswami and V Murugesan.

41. President has announced the name of 85 recipients of the prestigious Padma Awards for 2018.

 This includes 3 Padma Vibhushan, 9 Padma Bhushan and 73 Padma Shri awards.

 Padma Vibhushan Awardees are Illaiyaraja, Ghulam Mustafa Khan, and P. Parameswaran.

 Padma Bhushan recipients are:

  •  Pankaj Advani
  •  Philipose Mar Chrysostom
  •  Mahendra Singh Dhoni
  •  Alexander Kadakin (Foreigner/Posthumous)
  •  Nagaswamy
  •  Ved Prakash Nanda (Overseas Citizen of India)
  •  Laxman Pai
  •  Arvind Parikh
  •  Sharda Sinha

42. President Ram Nath Kovind has felicitated 112 exceptional women achievers, who are first to set a milestone of achievement in their respective fields.

 These 122 women achievers are also named as ‘First ladies’, who have been first in any field like first woman judge, first woman porter, first woman to head missile project, first para-trooper, first Olympian among others.

43. The Ministry of Science & Technology has announced four new schemes to promote young scientists and researchers in the country.

 These schemes are Teacher Associateship for Research Excellence (TARE) Scheme, Overseas Visiting Doctoral Fellowship, Distinguished Investigator Award (DIA) AWSAR (Augmenting Writing Skills for Articulating Research).

 The main aim of schemes is early recognition and reward to young talent in the field of science.  These schemes focus on youth to empower, recognize and motivate them.

44. Kolkata, capital of West Bengal became first metro city in India to get floating market. It was inaugurated by West Bengal Chief Minister Mamata Banerjee.

 The floating market is located on lake at Patuli in South Kolkata which is 400 meters long and 60 meters

45. The Raipur Municipal Corporation in Chhattisgarh has organized India’s first garbage festival in Raipur.

 The aim of the festival is to increase awareness, use the waste generated in the city creatively and to showcase multiple techniques for reusing things that are labeled as garbage.

 The three-day festival includes workshops, talks, and performances.

46. President Ram Nath Kovind has allocated INR 5,35,000 crore for the Bharatmala Project to boost road connectivity in the country.

 The efficiency of the national corridor of about 53,000 km of national highways will be increased under this project.

 Bharatmala is an umbrella programme of the Centre that seeks to improve efficiency of road traffic movement in the country by bridging critical infrastructure gaps

47. Indian Parliamentary Group (IPG) has decided to confer Outstanding Parliamentary Awards to five Parliamentarians which include three MPs from Lok Sabha and two from Rajya Sabha.

 The awards are being given for the years starting from 2013 till 2017 as follows:

  • Bhartruhari Mahatab: 2017
  •  Dinesh Trivedi: 2016
  •  Ghulam Nabi Azad: 2015
  •  Hukumdev Narayan Yadav: 2014
  •  Najma Heptulla: 2013

48. Ministry of Electronics and Information Technology (MeITY) has launched Stree Swabhiman Initiative.

 Its aim is to create a sustainable model for providing adolescent girls and women an access to affordable sanitary products by leveraging Common Service Centres (CSCs).

49. The India-Vietnam Bilateral Army Exercise (VINBAX-2018) was conducted at Jabalpur in Madhya Pradesh.

 It is the first military exercise between the two countries.

 The six-day-long military exercise was conducted as part of joint training undertaken with friendly foreign countries by Indian Army.

InternationalInternational Current Affairs | Know What’s happening around the World

1. The ‘whistled language’ also known as ‘Bird Language’, spoken in Turkish village Kuskoy has entered the UNESCO Intangible Cultural Heritage list.

 It was once widespread across Black Sea region with over 400 words and phrases which is around 500 years old.

 It is used to communicate in the rugged terrain where it could otherwise be hard to communicate at a distance.

2. Iceland has become the first country in the world to legalize equal pay for men and women, charting a new history.

 Under the new law, companies and government agencies that employ at least 25 people will be fined if they can’t prove that they pay men and women equally.

 Iceland has been ranked by the World Economic Forum (WEF) as No. 1 in gender equality for the past nine years.

3. The US has placed Pakistan on a ‘Special Watch List’ for severe violations of religious freedom.

 It is the only country to be put on the newly-formed list.

 The Special Watch List is for countries that engage in or tolerate severe violations of religious freedom but may not rise to the level of the CPC.

4. UN Security Council added six more countries to its team and now it has 15 members.

 The new members of the council are Egypt, Italy, Japan, Senegal, Ukraine and Uruguay while the permanent members are Britain, China, France, Russia and the United States.

5. Saudi Arabia and the United Arab Emirates becomes first countries of Gulf Cooperation Council (GCC) to introduce value-added tax (VAT), which has long prided itself on its tax-free.

 The 6 member of GCC, apart from above two countries are Bahrain, Kuwait, Oman, and Qatar which also committed to introduc VAT.

 The rate for VAT is set at 5% on the majority of goods and services including petrol and diesel, food, clothes, utility bills and hotel rooms.

6. India and Pakistan have exchanged the list of nuclear weapons and facilities under the agreement on the Prohibition of Attack against the Nuclear installation between the two countries.

 The agreement came into forces on 27th January 1991 states that the two countries inform each other about the nuclear installation and facilities on the first January of every calendar year.

 It is the 27th consecutive exchange between the two countries. The first exchange had taken place on 1st January 1992.


7. India has removed Pakistan from SAARC member countries list with which it will be connecting its state-of-art National Knowledge Network (NKN) for sharing a scientific database and remote access to advanced facilities.

 Six South Asian Association of Regional Cooperation member states are Afghanistan, Bangladesh, Bhutan, Maldives, Nepal and Shri Lanka.


8Iran has banned the English language to be tough in primary schools, calling the subject a cultural invasion.

 This is because according to Iran’s educational officials, the groundwork for the Iranian culture of the students is laid in primary education.

9. Gujarat CM Vijay Rupani has inaugurated eight-day long International Kite Festival at Sabarmati Riverfront in Ahmedabad.

10. The South Australian government has been approved the development of world’s largest solar-thermal power plant.

 Construction on the 150-megawatt Aurora plant will begin in 2018 at an estimated cost of $509 million.

 The power plant will provide electricity to 90,000 homes with eight hours of full load storage.

11. The United Kingdom’s Department for International Trade (DIT) will conduct the India-UK Createch Summit in Mumbai on February 6.

 This first-of-its-kind conference will celebrate and explore the convergence of creativity and technology (Createch) and the innovations produced by its application across a range of sectors

 The new Visit Britain marketing campaign in India will be launched in the evening titled ‘Find Your GREAT Britain’.

12. Nepal has started accessing internet from China after commercial operation of Nepal-China optical fiber link via Rasuwagadhi gateway across Mountains became operational.

 The commercial operation of Chinese bandwidth project now ends Nepal’s sole dependence on India for internet bandwidth. It is considered as a loss for India, both revenue wise and strategically.

13. Romania’s Prime Minister Mihai Tudose resigned after his party withdrew its support for him amid a power struggle with the party chairman.

 As per the Social Democratic Party officials, Development Minister Paul Stanescu would serve as an interim prime minister.

14. The ISA hosted a two-day event International Solar Alliance Forum during 17-18th January 2018 at the World Future Energy Summit (WFES) 2018.

 WFES is a signature event of a global initiative, Abu Dhabi Sustainability Week, hosted by Masdar conducted at Abu Dhabi (UAE).

 During the ISA event, an ISA Pavilion was also set up for the dissemination of information about ISA and its activities and programmes.

15. SAREX-18, a joint Search and Rescue Exercise was conducted between India and Japan coast guards in the Bay of Bengal.

 The exercise includes the scenario of the hijacking of a cruise vessel and subsequent mass rescue of the passenger in a joint coast guard operation.

 A total of 9 Indian Ships and 8 aircraft participated in the exercise. Indian Navy, Indian Airforce, and the National Institute of Ocean Technology (NIOT) also participated in this 7th exercise.
16. The Israeli Government is pushing for Free Trade Agreement (FTA) with India to boost trade and investments.

 Free Trade Agreements are an important economic agreement in various areas and it helps in reducing tariffs, non-tariff barriers.

 FTA will help to lower tax rates and removal of excessive regulations would help to grow the private businesses.

17. India has moved up on a Global Index of Talent Competitiveness to the 81st position among 118 countries, improving its position from 92nd last year.

 Switzerland topped the list released every year on the first day of the World Economic Forum (WEF) annual meeting followed by Singapore and US.

18. According to a biennial report by Yale and Columbia Universities along with the World Economic Forum, India is placed among the bottom five countries on the Environmental Performance Index (EPI) 2018.

 India is ranked 177th among 180 countries in EPI 2018.

 Top 5 countries are Switzerland, France, Denmark, Malta and

 To bottom countries are Nepal, India, Congo, Bangladesh, Burundi.

MOUsMemorandum of Understanding (MoU) | Get the Best Information Out of Top Agreements

1. Allahabad Bank has signed an agreement with National e-Governance Services Limited (NeSL) for utilizing the letter’s Information Utility Services Envisaged under the Insolvency and Bankruptcy Code, 2016.

 NeSL is a government-owned first utility entity registered by Insolvency and Bankruptcy Board of India under IBBI (IU) Regulations, 2017.

2. Punjab National Bank comes ahead to sign a MoU with Principal Financial Group to sell its stake in the mutual fund joint venture for an undisclosed amount.

 Punjab National Bank had 21.38% stake in Principal PNB AMC.

 The deal will give Principle full ownership of the Principle -PNB asset management company and Principal Trustee Company in India.

3. The Union Cabinet of India has approved the signing and implementation of the MoU between Ministry of Road Transport & Highways and ‘Transport for London’ to improve Public Transport in India.

 It will go a long way in strengthening ties and promoting bilateral relations between India and United Kingdom.

 The MoU will help to improve the overall public transport system in the country, improve passenger services and promote the use of high capacity buses in India.



4. The Nabard and SBI Bank have jointly signed a MoU with NGOs from West Bengal for the financing of 2,500 Joint Liability Groups (JLGs), or informal credit group of farmers.

 The agreement was with five NGOs for promotion of JLGs in Purulia, Paschim Medinipur, Purba Medinipur, Burdwan and North 24 Parganas districts of the state.

 JLGs are credit groups of small and marginal farmers who do not have proper title to their farmland.



5. Fintech startup Nearby Technologies has tied up with Yes Bank to provide Aadhaar- enabled cardless and pinless ATM service by which customers can deposit or withdraw money at retailers’ place.

 Using the Pay NEARBY mobile application on a smartphone, a retailer can become an Aadhaar ATM/Aadhaar Bank branch for cash withdrawals and deposits by a customer.

 Yes Bank and Nearby worked closely with the National Payments Corporation of India (NPCI) to launch this service.


6. The Union Cabinet has approved Agreement between India and Myanmar on Land Border Crossing. It is an enabling arrangement for movement of people across the border of both counties.

 The agreement is expected to provide connectivity and enhance interaction of people of North Eastern States of India with the people of Myanmar.



7. Three Ministries viz. Ministry of Railways, Ministry of HRD and Ministry of Science & Technology have signed MoU for joint funding of Technology Mission for Indian Railways (TMIR).

 The MoU aims to facilitate co-financing of TMIR by investment sharing identified railway projects for applied research.

8. Punjab National Bank (PNB) and National Scheduled Castes Finance and Development Corporation (NSFDC) have tied up to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL).

 Under this tie-up, PNB would act as a channelizing agent for the loan schemes of NSFDC.

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Current Affairs & General Knowledge January 2018 Free PDF – GK Eduwrap


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