Weekly Current Affairs February 2018- Week I

Published on Monday, February 05, 2018

Banking and Financial Awareness:

  • Small Finance Banks and Payment Banks to offer Atal Pension Yojana.
  • Mr Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL & SIDBI.
  • Paytm, Alibaba’s AGTech Holdings Launch New Mobile Gaming Platform.
  • IOB Receives Rs173 Cr Capital Infusion from Government.
  • Axis Bank Launches 4th Edition of “Evolve”.
  • CRISIL Upgrades Outlook On 18 PSBs from Negative to Stable.
  • SBI to provide credit cards to farmers.


  • Usha Ananthasubramanian Becomes 1st Woman IBA Chief.
  • John Hennessy Appointed Alphabet's New Board Chairman.
  • IOA Joint Secretary Vikram Singh Sisodia Named Chef-De-Mission for CWG.
  • Neelam Kapur Appointed DG of Sports Authority of India.
  • Lt. Gen Anil Chauhan Takes Charge as DGMO of Indian Army.
  • Indian-American Adobe CEO Shantanu Narayen to Lead USISPF Board.
  • B A Chopade has been appointed as the vice-chancellor of Banaras Hindu University (BHU).

Honour and Awards

  • Shabnam Asthana was awarded the Times Power Women of the Year 2017.
  • Shyam Benegal Awarded V Shantaram Lifetime Achievement Award.
  • Magahi Writer Shesh Anand Madhukar Awarded Sahitya Akademi's Bhasha Samman.
  • Asha Bhosle to Get Yash Chopra Memorial Award.
  • Soumitra Chatterjee presented with France’s Legion d’Honneur.

MOU’s and Agreement

  • India and Cambodia Sign 4 MoUs
  • Government Signs $250 Million Loan Agreement with ADB.
  • Cochin Shipyard Limited Signs MoU with Russian Firm USC.
  • India Joins Ashgabat Agreement.
  • Inland Waterways Authority of India (IWAI) signed project agreement with World Bank and for Jal Marg Vikas Project (JMVP).
  •  Cochin Shipyard Limited (CSL) has inked Memorandum of Understanding (MoU) with Russian Firm United Shipbuilding Corporation (USC) to develop specialized vessels for Inland and Coastal shipping.

Important News- World

  • UAE Launches World's Longest Zip Line.
  • Rwanda Becomes 1st Poor Country to Provide Eye Care for All.
  • The 60th Annual Grammy Awards were held at Madison Square Garden in the New York City, the USA.
  • Album of the year: "24K Magic," Bruno Mars
  • Record of the year: "24K Magic," Bruno Mars
  • Song of the year: "That's What I Like," Bruno Mars
  • UAE Launches World's Longest Zip Line.
  • Finland re-elects Sauli Niinisto as its President.

Important Dates

  • World Leprosy Day – January 28
  • Indian Coast Guard celebrated its 41st Foundation Day on 1st February 2018,
  • World Wetlands Day - February 2nd
  • “Wetlands for a Sustainable Urban Future" as the theme.


  • The world's oldest man Francisco Nunez Olivera has died.
  • Veteran Actor Louis Zorich passes away.
  • BJP MP Chintaman Wanaga passes away.
  • Senior journalist Daya Nath Singh passes away.
  • Chhattisgarh’s first Governor D N Sahay passes away.
  • agricultural scientist G S Kalkat passes away.

Important News- India

  • Pulse Polio Programme for 2018 Launched by the President of India.
  • Daan Toilet Initiative by Jorhat Administration.
  • India Leading in Global Coconut Production.
  • Government launches e-marketplace GeM 3.0.
  • According to a report by New World Wealth, India has been ranked sixth in the list of wealthiest countries with a total wealth of USD 8,230 billion.
  • According to GOBankingRates Survey India is the 2nd cheapest country to live in South Africa.
  • India’s Crude Steel Production Rises 6.2% To 101.4 MT in 2017.
  • External Affairs Minister (EAM) Sushma Swaraj has returned home after successful completion of the goodwill visit to Nepal.
  • 7th India Energy Congress Held in New Delhi.
  • India to Host Informal WTO Ministerial Gathering in New Delhi.
  • FY16 GDP Growth Revised Up to 8.2%, FY17 Unchanged at 7.1%- CSO.
  • India has slipped to 42nd place on an annual Global Democracy Index.
  • The 32nd Surajkund International Crafts Mela has begun in Faridabad, Haryana. This year Uttar Pradesh is the theme state and Kyrgyzstan is the Partner Nation.
  • Aadhaar Is Oxford Dictionary’s Hindi Word of 2017.
  • First Ever 'Khadi Haat' Inaugurated in Delhi.
  • Government to launch KUSUM scheme to encourage farmers for solar farming.
  • India becomes third largest producer of crude steel.
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