Page-34 of Current Affairs - April, 2018

Bhanu Pratap Sharma replaces Vinod Rai as chairman of Banks Board Bureau

April 13, 2018

The Union Finance Ministry has reconstituted Banks Board Bureau (BBB) and appointed former bureaucrat Bhanu Pratap Sharma as its chairman. It will replace earlier BBB headed by former Comptroller and Auditor General (CAG) Vinod Rai as its two-year term ended ..

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NHAI signs agreement for its first International project under IMT Trilateral Highway

April 13, 2018

The National Highways Authority of India (NHAI) has signed agreement for upgradation of Yagyi – Kalewa section of highway in Myanmar to two lane with earthen shoulder. This project is part of India-Myanmar-Thailand (IMT) Trilateral Highway and will be NHAI’s ..

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CJI first among equals, power to allocate work: SC

April 13, 2018

The Supreme Court has reiterated that Chief Justice of India (CJI) is first among equals and has exclusive prerogative to allocate cases and constitute benches. The ruling was given by SC bench led by the CJI Dipak Misra dismissing PIL ..

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Industrial production grows 7.1% in February 2018: CSO

April 13, 2018

According to data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) had grown 7.1% in February 2017. It was mainly driven by robust performance of manufacturing sector coupled with ..

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AIIB approves $140 million loan to improve Rural Connectivity in Madhya Pradesh

April 13, 2018

The Asian Infrastructure Investment Bank (AIIB) have approved $140 million loan for project aimed at improving rural roads (connectivity) in Madhya Pradesh. It was approved at meeting of Board of Directors of AIIB recently held in Beijing, China. Key Facts ..

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PM Narendra Modi inaugurates 10th edition of Defence Expo

April 13, 2018

Prime Minister Narendra Modi inaugurated 10th edition of Defence Expo (DefExpo 2018) in Chennai at Tiruvidanthal, in Kancheepuram district, Tamil Nadu. The theme of the expo was “India: The Emerging Defence Manufacturing Hub”. Under this, for the first time project ..

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India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook

April 13, 2018

The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal. The ADB’s growth projection is in line with that of rating agency ..

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Boeing, HAL, Mahindra tie up to build F/A-18 Super Hornet fighter jet in India

April 13, 2018

Boeing India subsidiary of US aerospace manufacturer Boeing, Hindustan Aeronautics Ltd (HAL) and Mahindra Defence Systems entered into agreement to manufacture fighter aircraft F/A-18 Super Hornet in India. Three companies exchanged Memorandum of Agreement (MoA) for Make in India fighter ..

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