Daily Current Affairs of 14 February 2018

Hello Aspirants,
Here is the Current Affairs of 14th February 2018. Current Affairs is the very important section to score high in the mains exams of the various government exams like BANK, SSC, INSURANCE, RAILWAY, UPSC, GPSC and many more. So read daily current affairs and score high in the examination and increase your chance to be selected.





1.) India's 1st Online Radio Station 'Radio Umang' was launched recently in India. Listeners can tune in to this online radio station through web streaming or download the app.

2.) In order to remove existing ambiguities due to multiple Acts and rules for Small Saving Schemes, the Government of India has proposed merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savings Banks Act, 1873.

3.) India-Russia Agriculture Business Summit 2018 was held in New Delhi. The two countries discussed trade relations in the agricultural sector. The summit was organized by the Ministry of Agriculture & Farmers Welfare.

4.) The defence ministry of India approved capital acquisition proposals worth Rs.15,935 crore which included the purchase of 7.40 lakh assault rifles, 5,719 sniper rifles and light machine guns to bolster the strength of the armed forces.

5.) Claiming that the Bengal government had already enrolled 50 lakh people under its own Swasthya Sathi programme, Chief Minister Mamata Banerjee has announced the decision to opt out of Centre’s ‘Modicare’ scheme.


6.) The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.

7.) State-owned Bank of Baroda has decided to exit by March-end its South Africa operations after 21 years amid a probe into alleged compliance lapses by the bank there.

8.) Reserve Bank of India has made banks' priority sector norms lenient by saying that all loans to micro small and medium enterprises (MSME) will henceforth qualify as priority sector lending. This was a long time demand from banks. 

9.) Kannada litterateur Chandrashekar Kambar has been elected as president of the Sahitya Akademi in the election held for the post. He has replaced Vishwanath Prasad Tiwari. Hindi poet Madhav Koushik has been elected as vice-president.


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