For MBA aspirants, Current Affairs are one of the most key components for MBA preparation.
In exams such as XAT, IIFT and SNAP, an entire section is dedicated to it in order to test your Current Affairs and General Knowledge. Furthermore, Current Affairs become an interesting topic of discussion in almost all GD-PIs, WATs/AWTs.
Therefore, we have come up with the Weekly News Burger, a curation of weekly Current Affairs which will help aspirants avoid scrambling for Current Affairs content at the end of the year when it is most important for competitive exams.
This week’s News Burger is:
- MoE Collaborates With IIT-Delhi To Develop Women's Safety Device:
The Ministry of Electronics and Information Technology is collaborating with IIT-Delhi to develop a device that will aid the safety of women. The project will be funded by through the Nirbhaya Fund (which supports initiatives of the Government and NGOs working towards the safety of women).
- The United Kingdom Joins International Solar Alliance:
The UK has joined the ISA, which is being led by India. The move was made to mark PM Modi's 4-day visit to Britain. The move was announced by UK international development secretary, Penny Mordaunt at the London Stock Exchange.
- Bengaluru Pays The Highest For Talent:
According to a report by Randstad India, Annual CTC across all levels stands at Rs. 11 Lakh. Pune stands at 2nd place, with annual CTC being around Rs. 10 Lakh, followed by NCR and Mumbai.
- US Treasury Department Places India Under Watch List:
India joins China, Germany, Japan, Korea and Switzerland under the US Treasury Dept.'s watch list. The report suggests that the foreign exchange policies of these countries needed to be monitored.
- New York Times and New Yorker Win The Pulitzer Prize:
The NYT and New Yorker magazine won the most revered honour in American journalism for their reports that exposed the Weinstein sexual harassment scandal. The Washington Post won a Pulitzer in the investigative category.
What is the Pulitzer Award?
a) The Pulitzer Award is an honour given to those who excel in journalism via newspapers, magazines, online media, literature and musical composition.
b) Established in 1917 by provisions in the will of American Joseph Pulitzer.
c) Prizes are awarded annually in 21 categories, and there is a $50 entry fee for participants.
In related news - Kendrick Lamar became the first ever rapper to win the Pulitzer Prize for music. He won the award for his album 'DAMN', and is the first non-jazz/classical musician to win the award.
- 17-Year Old Swimmer Creates World Record:
Sampanna Shelar became the first person in the world to double cross the Bangla Channel. He completed the 32.2-kilometre journey in 9 hours and 10 minutes.
- Kotak Mahindra Becomes 2nd Most Valuable Bank In India:
Kotak Mahindra, for the first time ever, beat State Bank of India to become the 2nd most valuable bank in India. HDFC Bank is India's most valuable bank.
- Ministry of Human Resource Development To Launch Portal For Foreign Students:
The 'Study In India' portal will enable students from 30 countries to apply for different courses from 150 institutions. The objective is to brand India as a desirable education destination.
- India Is World's 6th Largest Economy:
According to the International Monetary Fund's World Economic Outlook Report (WEO), India's GDP was $2.6 trillion for 2017.
Economies ahead of India are USA, China, Japan, Germany and the UK.
- Saudi Arabia Opens 1st Movie Theatre in 35 Years:
'Black Panther' was Saudi Arabia's first movie shown in over 35 years. It was screened in Riyadh, the capital of Saudi Arabia.
In related news - King Salman, the crown prince of Saudi Arabia, has been bringing in a lot of reforms in the country, especially for the women citizens. Read about it in the March News Burger.
- Amazon Launches 'Internet':
The E-Commerce giant has launched an Android web browser called 'Internet'. The app will target emerging markets and does not occupy a lot of storage space. 'Internet' also does not collect private data, a relief in these times of data leaks. The app is available only to Indian users as of now.
- Impeachment Motion Against Chief Justice of India:
An alliance of 7 political parties led by Congress MP Ghulam Nabi Azad had submitted an impeachment motion against CJI Dipak Misra, after the Justice Loya case. The motion was struck down by Vice President Venkaiah Naidu.
How can the Chief Justice of India be impeached?
Read about it here.
- New Partnerships Announced Between India and UK:
India will invest over 1 Billion pounds in the UK, which will help to create over 5700 British jobs.
- Jim Bridenstine To Be New NASA Head:
He will take over as NASA's 13th administrator. Bridenstine is a pilot in the US Navy Reserve.
- Chhattisgarh Government To Distribute Free Smart Phones:
CM Raman Singh announced that 30 Lakh smartphones will be distributed to students, farmers and tendu leaf plantation workers.
- Maruti Alto Best Selling Passenger Vehicle:
The car has retained its status as the best selling vehicle in India for the year 2017-2018.
7 out of 10 cars in the top 10 belonged to Maruti Suzuki.
- Cuba's First Non-Castro President To Lead The Country:
Miguel Mario Diaz-Canel will take over from Raul Castro as the President of Cuba. He is the first non-Castro President since 1959.
- India Has World's 2nd Largest Population Without Bank Accounts:
According to a report by the World Bank, India has 19 crore adults without a bank account, with China having the world's largest unbanked population.
In related news - 55% of the world's new bank accounts are opened in India, according to the World Bank Global Findex Report.
- North Korea Halts Nuclear Tests:
The Kim Jong-un Government has announced that it will be shutting down its nuclear test sites, and will no longer test intercontinental ballistic missiles. The US and South Korea welcome this move by Jong-un.
What is the history of North Korea's Nuclear Missile Tests?
Read about it here.
- Swaziland Renamed To eSwatini:
King Mswati III has announced the renaming of the country.
'eSwatini' means "lands of the Swazis".
- Yogi Adityanath's Facebook Page The Most Popular Amongst All CMs:
According to a report by Facebook sent to the UP government, the Uttar Pradesh CM beat Gujarat's Vijay Rupani and Rajasthan's Vasundhara Raje to emerge as the most popular on Facebook.
- Arsene Wenger To Step Down As Arsenal Manager:
The French manager will end his 22-year (from 1996) tenure with English football club Arsenal and will depart as the longest serving EPL manager.
In related news - Bayern Munich will hire Croat Niko Kovac as the football manager. Kovac served as the captain of the Croatia National Team till 2009, before handing over responsibility to Darijo Srna (and now Luka Modric).
In related news - Barcelona win the 4th straight Copa Del Rey, beating Sevilla 5-0 in the final.
- Government Approves Death Penalty For Rapists:
After the Kathua and Unnao rape cases, the Government has approved the death penalty for rapists who rape victims under the age of 12. Madhya Pradesh, Rajasthan and Haryana have already approved death penalty for rapists earlier this year.