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Banking Digest, 9 August 2018

National

  • An all-women expedition to this mountain (6593Mt/21631 ft) in Himachal Pradesh started - Mt. Manirang.
  • The government withdrew the Financial Resolution and Deposit Insurance (FRDI) bill which contain this controversial provision for financial institution - “bail-in”.
  • Chinese consulate is set to organize a three-day Chinese film festival in - Kolkata.

International

  • During 31 July-07 August 2018, India was conducted A joint Cycling cum Trekking Expedition with - Bhutan.
  • The 3rd India-Nepal Coordination meeting held in - New Delhi

Banking

  • The Competition Commission has approved this company's acquisition of 51.8% stake in drug firm Merck Ltd - Procter & Gamble.

Sports

  • In August-18, position of Indian Women’s hockey team on FIH’s World Ranking – Ninth.
  • In August-18, position of Indian men’s hockey team on FIH’s World Ranking - fifth.
  • In August-18, First place on FIH’s World Ranking – Australia.
  • This country's goalkeeper, Isam El Hadri, who was recognized as the oldest player in the worldcup, announced his retirement from international football - Egypt.
  • 2018 World Cup hockey tournament Final won by – Holland.

Person in News

  • Former Tamil Nadu chief minister and DMK patriarch passed away at the age of 94 - M Karunanidhi.  
  • US food and beverage giant, Pepsico's Indian-origin CEO - Indra Nooyi.

General Knowledge

  • National Handloom Day in India - August 7.
  • Swadeshi Movement started in India on dated - 7 August 1905.
  • The first Everest expedition with all women team headed by Babendri Pal was conducted in – 1993.
  • Capital of Nepal – Kathmandu.
  • Headquarters of the International Hockey Federation (FIH) - Lausanne (Switzerland).
  • Capital of Bhutan – Thimphu.
  • National Currency for Bhutan - Bhutani Ngultrum.

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