Tina Malhotra is teaching live on Unacademy Plus
CURRENT AFFAIRS: MAY 18, 2018 BY TINA MALHOTRA
NSFR GUIDELINES 1. RBI The RBI issued detailed NSFR guidelines to ensure that banks maintain a stable funding profile in relation to the composition of their assets and off-balance sheet activities. 2. BACKGROUND Basel Committee on Banking Supervision (BCBS) proposed certain reforms to strengthen global capital and liquidity regulations with the objective of promoting a more resilient banking sector. 3. ROLE OF RBI Reserve Bank may require an individual bank to adopt more stringent standards to reflect its funding risk profile and its compliance with the 'sound principles'
FESTIVAL 1. ANINDITA ANAAM US-based Kathak dancer Anindita Anaam was honoured with the prestigious 'Shri Jayadev Rastriya Yuva Pratibha Puraskar 2018' for outstanding contribution to the field of art. 2. FESTIVAL The award was presented to the Kathak exponent during the 'Jayadev International Dance Festival 3. NATIONAL CULTURE MISSION The four-day festival that began on May 13 has been organised under the aegis of Odisha's culture department and National Culture Mission.
AWARD 1. S&P GLOBAL PLATTS GLOBAL METALS AWARD 2018 NMDC Limited has bagged the prestigious S&P Global PLATTS Global Metals Award 2018 in corporate social responsibility (CSR) category held on 17.05.2018 at London. 2. ABOUT S&P GLOBAL PLATTS S&P Global Platts is the leading independent provider of information for energy market -AWARD: The S&P Global Platts Global Metals Award recognizes top performers industry leaders and innovators. -The Corporate Social Responsibility (CSR) Award
MAY 16 1. WORLD HYPERTENSION DAY The WHD was first inaugurated in May 2005 and has become an annual event ever since. 2. PURPOSE The purpose of the WHD is to promote public awareness of hypertension and to encourage citizens of all countries to prevent and control this silent killer, the modern epidemic. 3. THEME 2018 The theme for World Hypertension Day is Know Your Numbers with a goal of increasing high blood pressure (BP) awareness in all populations around the world
HARYANA 1. FREIGHT VILLAGE The Cabinet Committee on Economic Affairs approved the development of trunk infrastructure components for the integrated multi-modal logistics hub known as Freight Village' at Nangal Chaudhary in Haryana -This will be under the Delhi-Mumbai Industrial Corridor Project -The trunk infrastructure components 2. BENEFIT The project has enormous economic value which includes creation of employment, reduction in fuel costs, boosts to exports, reduction in vehicle (trucks) operating cost, accident related costs, increase in collection of taxes by the State Government reduction in pollution.
ZOJILA TUNNEL 1. LONGEST ROAD TUNNEL Prime Minister Narendra Modi inaugurated the Zojila tunnel project, which will provide all-weather connectivity between Srinagar, Kargil and Leh and, at 14.2 km, will also be the country's longest road tunnel 2. ASIA It will also be Asia's longest bi-directional tunnel and will be built at a cost of 6,809 crore. 3. BENEFITS -The Centre and the state government are working together to take the development work forward