Daily Current Affairs 19 August 2018

Daily Current Affairs 19 August 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 19 August 2018. It includes all Major National, International, Business and Sports related current affairs of 19 August 2018. 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 19 August 2018 Current affairs test.

National News

1. Exercise Maitree 2018

Joint military exercise between Indian Army and Royal Thai Army has culminated.
This is an annual event designed to strengthen the partnership between Royal Thai Army and Indian Army.

2. Kerala Flood

NDRF is on with The Biggest Relief and Rescue Operation in flood-affected Kerala.
The National Disaster Response Force is a specialised force constituted “for the purpose of specialist response to a threatening disaster situation or disaster” under the Disaster Management Act, 2005.

3. World Hindi Conference

The 11th World Hindi Conference has started in Port Louis, Mauritius.
‘Hindi World and Indian Culture’ is the main theme of the Conference.

International News

1. Pitch Black 2018 Concluded

Pitch Black a biennial multi-national large force employment warfare exercise was hosted by Royal Australian Air Force (RAAF) in Australia. Indian Air Force had earlier participated in the exercise as observers for the first time.
With participation of 16 nations and more than 140 aircrafts, the current edition was the largest Pitch Black ever conducted by Australia.

2. 22nd Prime Minister of Pakistan

Imran Khan took oath as Pakistan’s new prime minister.
He is the chairman of Pakistan Tehreek-e-Insaf (PTI) and secured 176 votes.

3. World Humanitarian Day

The World Humanitarian Day is observed on August 19 across the world.
#NotATarget is the 2018 campaign for World Humanitarian Day.

4. Former United Nations Secretary-General has passed away

Former UN SG Kofi Annan passed away at 80.
He served at the UN from 1997 to 2006 and was also awarded the Nobel Peace Prize.

Business News

1. Venezuela devalued currency by 95%

Venezuela devalued its currency by about 95 percent and rollout of a new bolivar called sovereign bolivar(based on the country’s Petro cryptocurrency).
This is a part of economic recovery plan which seeks to loosen the grip of hyperinflation on the country.

2. PVR’s New Acquisition

PVR Cinemas has completed the acquisition of 71.69% stake in SPI Cinemas(Chennai-based chain).
The deal is worth Rs 850 crore.

3. IRDAI asked to cover mental illnesses

IRDAI notified insurance companies to cover medical treatment for mental illnesses same as it is to cover for treatment of physical illnesses.
The order will applicable on all insurance companies in India with immediate effect.

Sports News
1. SAFF U-15 Championship

India defeated Bangladesh in the final.
South Asian Football Federation (SAFF) Under-15 Women’s Championship was concluded in Thimpu, Bhutan.

2. India’s 1st Medal in Cycling

Esow Alben(19 year old Teen) claimed a Silver Medal at the UCI Junior Track Cycling World Championships in Aigle, Switzerland.
He missed Gold Medal by 0.017 seconds.

3. Asian Games 2018