06 October 2018 Current Affairs

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Govt appoints Rakesh Sharma as IDBI chief
The government has appointed senior banker Rakesh Sharma as managing director (MD) and chief executive officer (CEO) of IDBI Bank. Sharma was appointed for six months or until further orders and will have the task of ensuring a smooth transfer of majority ownership from the government to Life Insurance Corporation of India (LIC).

21 IORA Countries adopt Delhi declaration on Renewable Energy
As many as 21 countries in the Indian Ocean Rim Association, IORA, adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region. These nations adopted the Delhi Declaration post the second IORA Renewable Energy Ministerial Meeting held in Greater Noida, near Delhi.

Defence Minister Nirmala Sitharaman 3-day visit to Kazakhstan
Defence Minister Nirmala Sitharaman completed her 3-day visit to Astana, Kazakhstan. She visited Kazakhstan at the invitation of Minister of Defence of the Republic of Kazakhstan Mr. Nurlan Yermekbayev.

Aung San Suu Kyi, 1st Person to Lose Honorary Canadian Citizenship
Myanmar leader Aung San Suu Kyi became the first person to be stripped of the honorary Canadian citizenship for her role in gross human rights violations against the Rohingya people. The Canadian Senate formally revoked the symbolic honour that was bestowed on Suu Kyi in 2007. Senators unanimously adopted a genocide motion tabled by Independent Senator Ratna Omidvar in the red chamber.

Monetary Policy: RBI leaves Repo Rate unchanged at 6.5%
The Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5%. Consequently, the reverse repo rate under the LAF remains at 6.25%, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75%.

Virat Kohli becomes fastest batsman to score 24 Test hundreds since Don Bradman
India captain Virat Kohli became the quickest batsman to reach 24 Test centuries after the great Donald Bradman early on day two against the West Indies. The Indian skipper also surpassed Australia’s Steve Smith to go second in the list of centurions among active players, behind South Africa’s Hashim Amla on 28.

Oscar-winning animator Will Vinton passes away at 70
Oscar-winning animator Will Vinton passed away at the age of 70. He was battling with multiple myeloma for 12 years. Having worked in more than a hundred films, Vinton won an Oscar for the 1975 short animated film ‘Closed Mondays’.

Nobel peace prize goes to campaigners against sexual violence
The Nobel Peace Prize has been awarded to a Congolese doctor Denis Mukwege and an Iraqi woman Nadia Murad for their efforts to end sexual violence as a weapon of war.



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