Current Affairs : 17-07-2018 in English

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  • Money in a bank that can be withdrawn at any time, that is, on demand - Demand Deposits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
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