National
- Goa IT Policy 2018 is unveiled by Union Minister -Ravi Shankar Prasad
- Largest Indian visa centre in the world is inaugurated by Home minister Rajnath Singh along with his Bangladesh counterpart at – Dhaka
International
- United States President Donald Trump and Russian counterpart Vladimir Putin will hold their first one-on-one meeting in 2018 at - Helsinki
Sports
- Team stood runner-up in World cup Football tournament-2018 – Croatia
- Won the World Cup 2018 Football Tournament – France
- Won Wimbledon Men's Singles-2018 title - Novak Djokovic
- Novak Djokovic has won a total of Four Wimbledon Men's Singles title
- Wimbledon, is the oldest tennis tournament in the world. It is played on - Grass court
Person In News
- Author of ‘An Uncertain Glory’ - Amartya Sen
- Bhushan Steel, acquired by Tata Steel approved the appointment of eminent person as chairman and non-executive, additional director of the company - T.V. Narendran
Economy
- Headquarter of World Customs Organization (WCO) is at - Brussels
- Policy that uses taxation and government spending to steer the economy - Fiscal Policy
- The purchase and sale of government bonds by the Fed as a form of monetary policy- Open Market Operations
General Knowledge
- Policy enacted by the government that reduces output. Examples include raising taxes and decreasing government spending- Contractionary Fiscal Policy
- Policy enacted by the Central Bank that reduces the money supply and thus reduces output- Contractionary Monetary Policy
- Money in a bank that can be withdrawn at any time, that is, on demand - Demand Deposits
- Income that can be spent after taxes - Disposable Income
- Policy enacted by the government that increases output. Examples include lowering taxes and increasing government spending - Expansionary Fiscal Policy
