Daily Current Affairs for Govt Jobs- 18th December 2017

Dear Readers, we are presenting Daily Current Affairs for Govt Jobs- 18th December 2017. Daily Current Affairs and General Knowledge is very helpful for IBPS Bank Exams, SBI , RBI Assistant,NIACL, SSC and Railway Exams and other Govt Job aspirants.
 Daily Current Affairs

1. US President Donald Trump Nominates Jerome Powell To Lead Central Bank
US President Donald Trump tapped Federal Reserve Governor Jerome Powell to become head of the US central bank, breaking with precedent by denying Janet Yellen a second term but signalling a continuation of her cautious monetary policies. Mr Powell, 64, a lawyer and investment banker appointed to the Fed board in 2012 by then-President Barack Obama, emerged as Mr Trump's choice from a slate of possible nominees that included Ms Yellen and others who may have pursued a sharp policy shift.

2. WHO declared Gabon as polio-free country
The World Health Organization has declared Gabon a "polio-free country", given the lack of new reported or suspected cases in the central African country.
Now the disease is endemic only in Afghanistan and Pakistan, where the WHO recorded four cases this year—two in each country. Last year, there were 37 cases globally.

3. Church of England appoints first-ever woman Bishop of London
Former nurse Sarah Mullally was appointed Bishop of London the first female to take the job which is one of the most senior in the Church of England.
Mullally will succeed Richard Chartres to become the 133rd person to hold the role which falls below only the Archbishop of Canterbury and the Archbishop of York in the church's hierarchy.

4. Bill To Change Gratuity Rules Tabled In Parliament
The government on Monday introduced a bill in Lok Sabha that will allow it to notify the period of maternity leave and gratuity that can be availed by employees under a central law. The Payment of Gratuity (Amendment) Bill, 2017 was introduced by Labour Minister Santosh Kumar Gangwar in the lower house of Parliament, amid continued sloganeering by opposition members and counter-slogans by those of the BJP.
The Payment of Gratuity Act 1972 was enacted to provide for gratuity payment to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments. It is applicable to employees who have completed at least five years of continuous service in an establishment that has ten or more persons.
According to the Statement of Objects and Reasons of the bill, the amendment would allow the central government to notify the maternity leave period for "female employees as deemed to be in continuous service in place of existing twelve weeks".
The proposal comes against the backdrop of the Maternity Benefit Act (Amendment) Act, 2017 enhancing the maximum maternity leave period to 26 weeks.

5. Satheesh Reddy conferred with national design award
G. Satheesh Reddy, Scientific Adviser to Raksha Mantri and Director General, Missiles and Strategic Systems, has been conferred with the prestigious National Design Award.
He has bagged this award for his significant national contribution towards indigenous design and development of diversified missile systems, guided weapons, avionics technologies and for his sustained efforts leading to the advancement of aerospace technologies and industries in India.

6. Brazilian football star Kaka announces retirement
Former Brazilian World Cup champion Kaka announced his retirement as a player.
He started his storied career with Sao Paulo in Brazil, where his performances attracted the attention of Europe’s leading clubs and prompted a move to Milan in 2003.

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