Exam Power: 25 May 2018 Today Current Affairs

Exam Power: 25 May 2018 Today Current Affairs
India-Nepal Joint Military Exercise SURYA KIRAN To Be Held In Uttarakhand
Joint Military Exercise SURYA KIRAN-XIII between India and Nepal will be conducted at Pithoragarh, Uttarakhand.

The exercise will comprise of nearly 300 soldiers from both Indian and Nepal Army who would be sharing their experiences gained during the conduct of various counter-insurgency and counter-terrorism operations in the past.

Exercise SURYA KIRAN is a biannual event which is conducted alternatively in Nepal and India.  

The aim of this exercise is to conduct battalion level joint training with emphasis on counter-terrorism operations in mountainous terrain.

Fifth India CLMV Business Conclave Held In Cambodia

The Ministry of Commerce & Industry of India, along with Ministry of Commerce of Cambodia organized the 5th India-CLMV Business Conclave in Phnom Penh, Cambodia. After four rounds of the Business Conclave in India, this initiative was brought by Department of Commerce of Government of India to Cambodia, for greater participation from the region.

The Confederation of Indian Industry (CII) was the institutional partner of the event.

The inaugural session of the Conclave was attended by Suresh Prabhu, Minister of Commerce and Industry.  Ministers of Commerce and Industry and Trade of Cambodia, Myanmar, Vietnam and Lao PDR were also present on this occasion.

SIDBI To Extend Direct Funding Facility To VLEs In CSCs
Common Service Centre (CSC) SPV and Small Industries Development Bank of India (SIDBI) signed a MoU for providing financial support to CSCs across the country in the presence of Minister of Electronics & IT and Law & Justice, Ravi Shankar Prasad.

Through the MoU, the SIDBI seeks to extend financial support to the Village Level Entrepreneurs (VLEs) of CSCs, with minimum one year of operation, under the Direct Financing Window of SIDBI.

Through the MoU, both CSC SPV and SIDBI seek to work together to bring more citizens under the ambit of financial inclusion.

India Stands 44th In Competitive Rankings, USA Tops: Report

India rose one place to 44th this year in the global competitive rankings out of 63 countries that were ranked by the IMD World Competitiveness Center.

India started from the 40th position in 2013 and dropped to the 44th rank in 2014.

India’s rank remained at 44 in 2015 and jumped four places to 41 in 2016, dropping to 45 in 2017, and rising to 44 in 2018.

In contrast, China bagged the 13th rank in 2018 as compared to the 18th rank in 2016.

The top 5 most competitive economies in the world are:

1. The USA,

2. Hong Kong, 

3. Singapore, 

4. The Netherlands and 

5. Switzerland.

HRD Ministry Launches Samagra Shiksha Scheme

Human Resource Development Minister Prakash Javadekar launched 'Samagra Shiksha scheme' for school education.

The scheme focuses on improving quality of education, enhancing the Learning outcomes and using technology to empower children and teachers.

An annual grant of 5,000 to 20,000 rupees will be provided for strengthening libraries in schools.

The scheme will be focused on digital education. Samagra Shiksha is a program that unifies learning from the pre-school to class 12 levels and encapsulates elements of the Sarva Shiksha Abhiyan, Rashtriya Madhyamk Shiksha Abhiyan, and teacher education.

WHO, Russia Launch New Campaign For Football World Cup 2018

A new video campaign launched targeting football fans on the occasion of the World Cup 2018 to promote healthier and more active lives.  

The series of videos produced jointly by World Health Organization (WHO), Russia’s Ministry of Health and the 2018 World Cup Russia Local Organising Committee.

It is one of many joint activities that will be implemented around the month-long World Cup starting from 14th of June.

The campaign consists of 3 videos, each tackling key health risk issues of Tobacco use, excessive salt consumption, and physical inactivity.


MobiKwik Launches UPI On Platform, Offers Own VPA Handle

Leading digital financial services platform, MobiKwik, announced the launch of Unified Payments Interface (UPI) on its platform via its own Virtual payment address (VPA) handle @ikwik. MobiKwik's users can, by default, use their mobile number as their own VPA which will be '@ikwik'.

They will also be able to link multiple bank accounts with just one VPA and users can change primary account as per their requirements.

MobiKwik is the first in the industry to offer UPI access to a huge base of three million merchants on its app.

Sources : The Hindu, TOI,PIB, Economic Times, ANI, Indian Express, NDTV

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