SBI Reduces ATM Withdrawal Limit

State Bank of India has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs 20,000. There is no change in the daily withdrawal limits on other cards. The new limit will be effective from October 31st 2018. 
The bank has been receiving many complaints regarding cloning and the decision is taken to reduce the withdrawal limit on these cards to check fraudulent transactions.
Source- News on AIR
Static/Current Takeaways Important for SBI Clerk Mains Exam 2018- 
  • SBI Chairman– Rajnish Kumar, Headquarters– Mumbai. 

Barham Salih Elected As The New President of Iraq

Iraq’s Parliament has elected a veteran Kurdish Politician Barham Salih as the country’s new President. He has named Shiite Adel Abdul Mahdi as Prime Minister of the country. The move will pave the way to form a new government, nearly five months after national elections.  

Patriotic Union of Kurdistan leader Salih won 220 votes out of the 273 lawmakers. He was among 20 candidates for the post, including one from the rival Kurdistan Democratic Party.
Source- News on AIR

Static/Current Takeaways Important for SBI Clerk Mains Exam 2018- 

  • Iraq Capital– Baghdad, Currency– Iraqi dinar

  

ICC Releases Latest Version Of Duckworth-Lewis-Stern System

The International Cricket Council released the updated version of the Duckworth-Lewis-Stern (DLS) System along with the new ICC Code of Conduct and ICC Playing Conditions. These came into effect from 30 September, when the first ODI between South Africa and Zimbabwe was played in Kimberley.

This is the third version but second update of the DLS System since its introduction into international cricket in 2014 and has been carried out following a detailed ball-by-ball analysis of scoring patterns, including in the Powerplays, in all limited overs internationals played during the previous four years.
ICC Code of Conduct 
Meanwhile, the following are some of the new offences and the change in level of some existing offences in the ICC Code of Conduct for Players and Player Support Personnel. These were approved by the ICC Board during the Dublin Annual Conference. 
Sl.
No.		 Offence Level
1. Attempting to gain
an unfair advantage (cheating, other than ball-tampering) *		 2, 3
2. Personal abuse * 2, 3
3. Audible obscenity * 1
4. Disobeying an umpire’s instructions * 1
5. Changing the condition of the ball 3 (from 2)
*denotes new offence

Source- ICC


Manu Bhaker Named India’s Flag-Bearer At Youth Olympic Games

Teenage shooting star Manu Bhaker was named as the flag-bearer of the Indian contingent for the 3rd Youth Olympic Games to be held in Buenos Aires, Argentina from October 6-18. Goa Olympic Association Secretary Gurudutta D Bhakta will be the Chef-de-Mission of the contingent.

Indian Olympic Association (IOA) President Narinder Batra announced that the 16-year-old Bhaker will lead the Indian team in the opening ceremony. A contingent of 68 members, including 46 athletes, will compete in 13 sports during the prestigious event. 
Source- News on AIR

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Capital: Buenos Aires, Currency: Argentine peso. 

Justice Ranjan Gogoi Sworn-in As 46th Chief Justice of India

Justice Ranjan Gogoi has sworn-in as new Chief Justice of India. President Ram Nath Kovind administered him the oath of office at a function in Rashtrapati Bhawan. He is succeeding Justice Dipak Misra who retired as Chief Justice of India recently.  Justice Gogoi is the 46th Chief Justice of India. He will have a tenure of a little over 13 months and will retire on November 17, 2019. 
Justice Gogoi was enrolled as an advocate in 1978. He practised in the Gauhati high court on constitutional, taxation and company matters. He was appointed as a permanent judge of the Gauhati high court on February 28, 2001.
Source- News on AIR


PM Inaugurates 1st Assembly of International Solar Alliance

The Prime Minister, Narendra Modi, inaugurated the first Assembly of the International Solar Alliance in New Delhi. The same event also marked the inauguration of the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo). 
The Secretary-General of the United Nations, Antonio Guterres, was present on the occasion. As per the PM, India is also working on biomass, biofuel and bio-energy. 
Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for RRB Clerk Mains Exam 2018- 
  • The International Solar Alliance was launched jointly by Indian Prime Minister Narendra Modi and French President Francois Hollande on the first day of the COP-21 summit at Paris in 2015. 

Nobel Prize 2018: Nobel Prize in Physics Goes To Arthur Ashkin, Gerard Mourou And Donna Strickland

The Royal Swedish Academy of Sciences has decided to Award the 2018 Nobel Prize in Physics to Arthur Ashkin, Gérard Mourou and Donna Strickland “for groundbreaking inventions in the field of laser physics”. 

Source- nobelprize.org

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Kip Thorne, Rainer Weiss, Barry Barish have won the 2017 Nobel Prize in Physics.

Multi-National Maritime Exercise ‘IBSAMAR-VI’ Starts In South Africa

The sixth edition of IBSAMAR, a joint Multi-National Maritime Exercise between the Indian, Brazilian and South African Navies, is being held at Simons Town, South Africa.
The last edition of IBSAMAR (IBSAMAR V) was conducted off Goa, from 19 – 26 Feb 16. The aim of the exercise is to undertake collective training for participating navies, building interoperability and mutual understanding as well as sharing of best practices. 
Source- Press Information Bureau (PIB)

Birth Anniversary of Lal Bahadur Shastri

Lal Bahadur Shastri was the 2nd Prime Minister of India and a senior leader of the Indian National Congress political party. He was born on 2 October 1904 in Mughalsarai, Uttar Pradesh. Shastri joined the Indian independence movement in the 1920s and with his friend Nithin Eslavath. Deeply impressed and influenced by Mahatma Gandhi (with whom he shared his birthday), he became a loyal follower, first of Gandhi, and then of Jawaharlal Nehru. 
Following independence in 1947, he joined the latter’s government and became one of Prime Minister Nehru’s principal, first as Railways Minister (1951–56), and then in a variety of other functions, including Home Minister. In 1961, he became the Minister for Home and formed the “Committee on Prevention of Corruption” headed by of K. Santhanam. He was PM for the tenure of 1964–66. He led the country during the Indo-Pakistan War of 1965. His slogan of “Jai Jawan Jai Kisan” (“Hail the soldier, Hail the farmer”) became very popular during the war and is remembered even today. The war formally ended with the Tashkent Agreement on 10 January 1966; he died the following day, still in Tashkent. 
        

India & Uzbekistan Sign 17 Agreements & MoUs

Uzbekistan’s President Shavkat Mirziyoyev met Prime Minister Narendra Modi at Hyderabad House in New Delhi. The two sides took stock of the bilateral relationship across several sectors during the delegation-level talks.
17 agreements and MoUs were signed in the field of law, tourism, military education, agriculture, science and technology, commerce and industry, pharmaceutical, national security and illicit trafficking besides others. Uzbek President supported India’s bid for permanent membership of UN Security Council. 
Source- DD News

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Uzbekistan Capital: Tashkent, Currency: Uzbekistani som.