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Weekly Current Affairs February 2018: Week II

Published on Monday, February 12, 2018
Weekly Current Affairs February 2018: Week I

Banking and Financial Awareness:

  • The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley launched CriSidEx, India's first sentiment index for micro and small enterprises (MSEs).
  • 6th Bi-monthly Monetary Policy Statement released by RBI
  • The repo rate was kept unchanged at 6 percent.
  • The reverse repo rate under the LAF (liquidity adjustment facility) remains at 5.75 percent, and the marginal standing facility (MSF) rate and the bank rate at 6.25 percent.
  • RBI to Set up Ombudsman for NBFCs.
  • RBI: Base Rate to be Linked with MCLR.
  • IndusInd Bank Launches New Sonic Identity, A Musical Logo.


  • Mahmud Hossain appointed new Chief Justice of Bangladesh.
  • Jerome H Powell Sworn in as 16th Chairman of Federal Reserve.
  • NPCI Appoints Biswamohan Mahapatra as Non-Executive Chairman.
  • Indra Nooyi Becomes ICC's 1st Independent Female Director.
  • Hardayal Prasad Appointed SBI Card MD & CEO.

Honour and Awards

  • The Centre for Science and Environment (CSE) has been ranked the top environment policy think tanks in India.

MOU’s and Agreement

  • Inland Waterways Authority of India (IWAI) has signed a project agreement with the World Bank for Jal Marg Vikas Project on river Ganga.
  • Assam Government, Ola Sign MoU for River Taxi Service.
  • India and Palestine Sign 6 MoUs.
  • Ministry of Railways sign MoU with Ministry of AYUSH.

Important News- World

  • Sri Lanka celebrated its 70th anniversary of Independence Day on 4th February 2018.
  • Dubai Retains Rank as World’s Busiest International Airport in 2017.
  • Bermuda Becomes 1st Country in World to Abolish Same-Sex Marriage.
  • Sweden Commits Record $370m of Aid to UN World Food Programme.
  • Maldives Crisis- Government Declares State of Emergency.

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