Daily Current Affairs 18 January 2020

Daily Current Affairs 18 January 2020: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 18 January 2020. It includes all Major National, International, Business and Sports related current affairs of 18 January 2020. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 18 January 2020 Current affairs test.

National News

1. Indian Heritage in Digital Space

• Union Culture and Tourism Minister Prahlad Singh Patel launched ‘Indian Heritage in Digital Space’ exhibition at National Museum, New Delhi.
• Prahlad Singh Patel is an Indian politician who is the current Minister of Tourism of India and Member of Parliament from Damoh Loksabha Constituency in Madhya Pradesh. He was minister of state for coal in Third Vajpayee Ministry.

2. Saksham Campaign

• ‘Saksham’ Campaign has been launched by Union Minister of Petroleum and Natural Gas Dharmendra Pradhan.
• It is a campaign of Petroleum Conservation Research Association (PCRA).
• Aim: To aware the people regarding fuel conservation and greener environment across India.

3. Krishi Manthan

• The first edition of Krishi Manthan has started at IIM Ahmedabad.
• It is said to be the largest Food, Agri-business and Rural Development Summit of Asia.

4. Rare Disease Policy draft

• Under Rare Disease Policy draft, Government of India will provide a financial support of up to Rs 15 lakh under its Rashtriya Arogaya Nidhi scheme for one-time treatment of rare diseases.
• The eligible as per norms of the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana.

International News

1. The Global Risks Report 2020

• The 15th Edition of ‘The Global Risks Report 2020’ has been released by World Economic Forum.
• The report has been prepared by WEF in partnership with Marsh & McLennan and Zurich Insurance Group.
• The global economy is facing an increased risk of stagnation, climate change is striking harder and more rapidly than expected, and fragmented cyberspace threatens the full potential of next-generation technologies — all while citizens worldwide protest political and economic conditions and voice concerns about systems that exacerbate inequality.
• The challenges before us demand immediate collective action, but fractures within the global community appear to only be widening. Stakeholders need to act quickly and with purpose within an unsettled global landscape.
• The World Economic Forum, based in Cologny-Geneva, Switzerland, is an NGO, founded in 1971. The WEF’s mission is cited as “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas”.
• Headquarters: Cologny, Switzerland || Founder: Klaus Schwab || Founded: January 1971 || Leader: Klaus Schwab || Motto: Committed to improving the state of the world

2. Exercise Sahyog-Kaijin

• Japanese and Indian Coast Guards hold exercise ‘Sahyog-Kaijin’ off Chennai coast.
• Japan: Capital: Tokyo || Currency: Japanese yen

3. Commonwealth Parliamentary Association Conference 2020

• The 7th Conference of Commonwealth Parliamentary Association (CPA) India Region was held in Lucknow.
• Theme: ‘ROLE OF LEGISLATORS’.

Business News

1. World Bank with Government of Assam

• Indian Government with Assam Government and the World Bank have signed a loan agreement of $88 million to modernize Assam’s Passenger Ferry Sector.
• Assam: Chief minister: Sarbananda Sonowal || Governor: Jagdish Mukhi

2. India’s largest API Banking Portal

• ICICI Bank has launched its API Banking portal consisting maximum number of virtual APIs (nearly 250 APIs).
• ‘ICICI Bank API Banking portal’ consists of 250 APIs, enables developers of prospective partner companies across the globe to seamlessly sign up on it, create an application, select the application, test it out and get the sample code.
• ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms of assets and market capitalisation.
• CEO: Sandeep Bakhshi || Headquarters: Mumbai

3. Microsoft vows will be carbon negative

• Microsoft has announced that it would become ‘Carbon Negative’ by year 2030.
• Microsoft will made an investment of $1 billion in a ‘climate innovation fund’ for technology for carbon capture and removal.

Sports News

1. Chess Player Magnus Carlsen

• Norwegian chess Grand-master Magnus Carlsen has stretched his unbeaten run to a record-breaking 111 games.
• He surpassed the 110 classical games undefeated set by Sergei Tiviakov in 2005.

2. Bapu Nadkarni passes away

• Former India all-rounder Bapu Nadkarni passed away.
• Rameshchandra Gangaram “Bapu” Nadkarni was an Indian cricketer, mainly known for being an economical bowler. The chances of scoring against him was either nil, or negligible.

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