23 October 2018 Current Affairs

Odisha diesel | National Police Memorial | First luxury cruise liner | Paytm in Japan |

Posted on Oct 23, 2018 02:26 IST in Current Affairs.

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1) In which Indian state the diesel became costlier than petrol for the first time as on 21 October 2018? – Odisha

Explanation: A litre of diesel cost 12 paise more than that of petrol in Odisha’s capital Bhubaneswar on 21 October 2018 with diesel being sold at Rs 80.69 per litre while petrol cost 80.57 per litre. This was the first instance of diesel becoming costlier than petrol in any Indian state.

- While other states have different VAT rates for petrol and diesel, Odisha charges a uniform 26% VAT on both.

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2) A completely revamped National Police Memorial and museum was inaugurated by Prime Minister Narendra Modi in which city on 21 October 2018? – New Delhi

Explanation: Prime Minister Narendra Modi opened a revamped National Police Memorial and a museum at Chankayapuri in New Delhi on 21 October 2018.

- Conceptualised in 1984, the earlier memorial, a 150-foot structure of steel, was brought down on the order of the Delhi High Court in 2008 because it violated environmental norms.

- The Prime Minister also announced a decoration in the name of Netaji Subhash Chandra Bose for police and paramilitary men engaged in disaster relief.

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3) What is the name of India’s first domestic luxury cruise liner that started its operations between Mumbai and Goa during October 2018? – “Angriya”

Explanation: “Angriya” is the name of the India’s first domestic luxury cruise liner that that started its operations during October 2018. The cruise, operating on the Mumbai-Goa sea route, is a luxurious 7-deck, 131-meter long passenger ship built in Japan.

- Complete with bars, restaurants, swimming pool, spa and discotheque, the ship can accommodate about 400 passengers. It completes the journey between Mumbai and Goa in 14 hours.

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4) What is the name of the smartphone payment service launched in Japan by Indian payments entity Paytm in joint-venture with SoftBank and Yahoo during October 2018? – PayPay

Explanation: ‘PayPay’ is the name of the barcode-based smartphone payment service that was launched during October 2018 in Japan by Paytm - India’s largest payments service provider. This new service has been launched in a joint venture with SoftBank Corporation and Yahoo Japan Corporation.

- PayPay allows users to store money from a bank account in their “PayPay” wallet and aims to promote the use of cashless payment in Japan, which is heavily dependent on cash for payments. Japan accounts for only 20% of overall cashless transactions in the country.

- With the launch of “PayPay,” Yahoo Japan will terminate “Yahoo! Wallet” - its current smartphone settlement function.

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