One liners 27th December

• Train 18, has now officially become India’s fastest train, which ran at a speed of 180 kilometers per hour during a trial run. The first trial run of the train was conducted on Bareilly-Moradabad railway section.

• Russia’s Defence Ministry successfully conducted the final tests of the ‘Avangard’ hypersonic missile system on 26 December 2018. The intercontinental ‘Avangard’ system would be ready for use from 2019.

• Air Marshal Rajeev Sachdeva has taken over as the Deputy Chief of Integrated Defence Staff (Operations) on 26 December 2018. He was the Senior Air Staff Officer at Southern Air Command headquarters in Thiruvananthapuram.

• The Reserve Bank of India launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’ on 26 December 2018. The survey will cover a sample of 6,000 individuals from various socio-economic backgrounds.

• The Swachhta Pakhwada held from 1 to 15 November 2018, Department of Industrial Policy and Promotion (DIPP) organised a ‘Swachch Bharat Grand Challenge’. This was organised to reward innovative solutions by DIPP recognized Start-ups in the country.

• Former Australia captain Ricky Ponting was formally inducted into the ICC Cricket Hall of Fame on 26 December 2018. He was named in the ICC Cricket Hall of Fame along with former India captain Rahul Dravid in July 2018.

• NITI Aayog released the ‘Second Delta Ranking’ of the Aspirational Districts Programme (ADP) on December 27, 2018. The ranking will measure the incremental progress made by districts between 1 June 2018, and 31 October 2018.

• President Ramnath Kovind issued orders constituting a separate High Court for Andhra Pradesh with effect from January 1, 2019. The High Court of Judicature at Hyderabad will now become the High Court for Telangana.

• Investments in the Indian capital market through Participatory notes (P-notes) increased to Rs 79,247 crore in November 2018. P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly.

• The 26th National Childres’s Science Congress was inaugurated by the Odisha’s Chief Minister Naveen Patnaik in Bhubaneswar on 27 December 2018. The event will provide a platform for children to showcase their creativity and ability in science innovation.

• The government of India has instituted the ‘Subhash Chandra Bose Aapda Prabandhan Puraskaar’. The award will be given to recognise the excellent work done by individuals and institutions in the field of disaster management.

• Central Railway’s Nagpur division has developed the robot named USTAAD (Undergear Surveillance Through Artificial Intelligence Assisted Droid). It would click pictures and record videos of the under-gears of trains and send them to engineers for repairs and maintenance.

• Manipur’s Chief Minister N Biren Singh was conferred with the ‘Champions of Change’ award by Vice President M Venkaiah Naidu on 26 December 2018. He was awarded for his exemplary leadership in bringing about transformation in governance in the northeastern state.

• On 25 December 2018, Nepal imposed a monthly limit on the amount of Indian currency its citizen can spend in India. Nepali citizen would not be able to spend more than Rs. 1 lakh every month while paying for goods and services in India.

• Colin O’Brady, an American adventurer, has become the first person to complete a solo trek across Antarctica without the assistance of any kind. He took 54 days to complete the nearly 1,000-mile (1,600-km) crossing Antartica.

• The government of India said that e-commerce companies would be barred from selling products sourced from firms in which they have the stake in or control over.The norms will come into effect from February 1, 2019.

• The Reserve Bank of India (RBI), in consultation with the government of India, has set up a six-member committee to review the ‘Economic Capital Framework’ of the central bank.Former RBI Governor Bimal Jalan will be the committee’s Chairman.

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