Daily Current Affairs (English) - 14.08.2018

Trade & Economy

EXIM BANK SIGNS MOU WITH BRICS DEVELOPMENT BANKS

Exim Bank of India has signed a multilateral cooperation agreement with member development banks of BRICS to undertake “collaborative research” in distributed ledger technology. The MoU signed by Exim Bank Managing Director David Rasquinha was an outcome of the discussions the member development banks had during their annual meeting, with the objective of strengthening the cooperation under the BRICS Interbank Cooperation Mechanism. Under this umbrella agreement, the signatories have agreed to constitute a joint research working group which will formulate the research agenda and targeted outcome.
 

Science & Technology

INDIA TO LAUNCH ITS 2ND LUNAR MISSION CHANDRAYAAN-2 ON JANUARY 3 NEXT YEAR

India's second moon mission Chandrayaan-2 will now be launched in the January-March window in 2019 instead of later this year as the design was changed to enable it land on the lunar surface, a top ISRO official said here today. We have planned to launch Chandrayaan mission in January 3. He was speaking on the sidelines of a function, where bust of Dr Vikram Sarabhai, the architect of the Indian space mission, was unveiled. Asked why the weight of Chandrayaan-2 was increased by 600 kg, he said ISRO noticed during experiments that after the moon lander was ejected, the satellite would shake. So they decided that the design modification was required for landing and mass has to be increased.

Chandrayaan-2

  • India is the second lunar exploration campaign after Chandrayaan-1
  • Indian Space Research Organization (ISRO) has developed.
  • The campaign is planned to be launched by the GSLV Mark 3 launch vehicle
  • This campaign will include a lunar orbiter built in India and a rover and a lander. All this will be developed by ISRO
  • India plans to launch Chandrayaan-2 in 2019

According to ISRO, this campaign will also use new technologies and test as well as new experiments.
Wheeled rover will run on the surface of the Moon and on the same site, collect clay or rock samples for analysis. The data will be sent to Earth through Chandrayaan-2 orbiter.
The team successfully implementing the Chandrayaan-1 campaign under the leadership of Miles Swami Annadurai is also working on Chandrayaan-2.

Sports

 

VIRAJ MADAPPA WINS MAIDEN ASIAN TOUR TITLE

Viraj Madappa couldn't have chosen a better place to announce his arrival on the big stage. In front of a goodly Sunday crowd, in excess of 2500, and in a quality field, the 20-year-old came up with a sensational four-under 67 under pressure on the final day to annex his maiden Asian tour title at the KGA here.Starting two shots behind leader Miguel Caraballo and playing catchup with his partner Scott Vincentthe highest-ranked pro in the field - Madappa hardly looked ruffled.

Vincent's meltdown on the greens may have played a part, but the 20-year-old came up with the goods on his favourite back nine to score a brilliant twoshot victory in the $350,000 TAKE Solutions Masters.On a blustery day, Madappa's gritty closing 67 saw him finish with an impressive tournament tally of 16-under 268 to become the youngest Indian to win on the Asian Tour at 20 years and nine months, bettering Gaganjeet Bhullar's record of 21 years and three months.

Appointment

SATYA PAL MALIK

The Bihar Governor Satya Pal Malik administered the oath of office to Justice Mukesh R Shah in a ceremony held at the Raj Niwas in Patna.Justice Shah was a judge of the Gujarat High Court (in 2004) and confirmed as the permanent judge on 22nd June 2005.Justice Shah enrolled as an advocate of the Gujarat High Court in 1982.The High courts are the principal civil courts of original jurisdiction in each state and union territory.

Games

NEERAJ CHOPRA TO BE INDIA'S FLAG-BEARER AT ASIAN GAMES 2018

Asian javelin throw champion Neeraj Chopra will be India's flag bearer in the opening ceremony of the Asian Games 2018, scheduled to be held in Indonesia from August 18, the Indian Olympic Association (IOA) announced .IOA president Narinder Batra made the announcement at the send-off ceremony of the Indian squad here at a city hotel. Neeraj, 20, is one of India's brightest prospects to win a gold medal at the Asiad as he registered a season-best effort of 86.47 meters in men's javelin throw at the 2018 Commonwealth Games (CWG).In May 2018, the 2016 U-20 world champion broke the national record at the Doha Diamond League with a throw of 87.43 meters.

Death

SOMNATH CHATTERJEE

Former Lok Sabha Speaker Somnath Chatterjee (89-year) passed away due to multi-organ failure at a city hospital in Kolkata.Chatterjee served as Lok Sabha Speaker during the UPA-I rule (2004 to 2009).He was elected to Parliament’s Lower House for ten times since 1971.He won the Outstanding Parliamentarian Award in 1996.In July 2008, he was expelled from the Communist Party of India (Marxist) for refusing to resign as Speaker after his party CPM withdrew support from the United Progressive Alliance (UPA) government.In 2007, Somnath Chatterjee was awarded an honorary fellowship by the college.