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Banking Digest: 23 May 2018


  • These three north-eastern states are protesting against the Citizenship (Amendment) Bill, 2016 – Arunachal Pradesh, Mizoram and Nagaland
  • This state’s chief minister inaugurated the 32-meter ‘Sabhyata Dwar’ to attract tourism – Bihar
  • India received the first cargo of oil from this country’s national oil company for its Mangalore Strategic Petroleum Reserve (SPR) – United Arab Emirates (UAE)
  • This supersonic missile was successfully test-fired by DRDO at the Integrated Test Range (ITR) at Chandipur, Odisha for life service extension – BrahMos
  • This agency under Ministry of Home Affairs will be creating a registry for crimes against women – National Crime Records Bureau (NCRB)
  • The name of the Indian Navy ship with all-women crew that completed the historic circumnavigation in 8 months – INSV Tarini
  • This Commodity Exchange launched India’s first copper options contract - Multi Commodity Exchange


  • To cater to the needs of the MSME segment in the National Capital Region, Bank of Baroda (BoB) launched its first ‘Integrated SME Loan Factory’ in – Gurugram
  • The Confederation of Indian Industry - Indian Banks’ Association (CII-IBA) Financial Conditions Index for Q1 (April-June) FY 2018-19 has fallen to - 51.2
  • Moody’s Investors Service has downgraded the local and foreign currency deposit ratings of this Public-Sector Bank to Ba1/NP from Baa3/P-3 – Punjab National Bank
  • The Managing Director and CEO of Bank of Baroda is – PS Jayakumar
  • The Bank of Baroda was founded by Maharaja H. H. Sir Sayajirao Gaekwad III in the year – 1908 (20 July)
  • The Punjab National Bank (PNB) was founded by Dyal Singh Majithia in the year – 1894


  • The theme for International Day for Biological Diversity (IDB) 2018 observed in May 22 is - Celebrating 25 Years of Action for Biodiversity
  • The third country to open its embassy in Jerusalem after the US and Guatemala is – Paraguay
  • The voters of this African continent country voted to extend the limit of President’s power until 2034 - Burundi


  • She won the women’s singles title of the Rome tennis Open (also called Italian Open) – Elena Svitolena

Person in News

  • He has won the Top Male artist award at the Billboard Music Award 2018 – Ed Sheeran
  • The name of the commander of all-women crew onboard INSV Tarini that completed its historic circumnavigation – Lt Commander Vertika Joshi
  • She has won the Top Female artist award at the Billboard Music Award 2018 – Taylor Swift
  • She is the first African American female to win the Icon Award at the Billboard Music Award 2018 – Janet Jackson

General Knowledge

  • The Convention of Biological Diversity (CBD) came into force on December 29 in this year – 1993
  • The Citizenship (Amendment) Bill, 2016 was introduced in the Lok Sabha to amend the Citizenship Act of this year – 1955
  • The Billboard Music Awards (BBM) were first presented in this year – 1990
  • The ancient name of Patna, the capital of Bihar, is – Pataliputra
  • This UN Security Council (UNSC) resolution mentions the ‘Occupied Territories’ applied to West Bank, East Jerusalem and Gaza – Resolution 242
  • BrahMos missile is the result of collaboration between DRDO of India and Military Industrial Consortium NPO Mashinostroyenia of this country – Russia
  • The President and capital of Burundi is - Pierre Nkurunziza and Bujumbura
  • The President and capital of South American country Paraguay is - Horacio Cartes and Asuncion
  • The current Director General of National Crime Records Bureau (NCRB) is – Ish Kumar

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