Daily GK Update :18 May 2015

1. India, South Korea sign seven agreements
India and South Korea on Monday signed seven bilateral agreements and agreed to upgrade ties to “special strategic partnership”. PM Modi welcomed South Korea’s diplomatic efforts to maintain peace and stability on the Korean Peninsula. 

2. India announces $1 billion credit line to Mongolia
PM Narendra Modi announced a $1 billion line of credit to Mongolia to boost the country’s economic capacity and infrastructure development. Officials from the two countries signed 14 agreements in various areas, including air services, cyber security and civil nuclear cooperation.

3.Suicide car bomb attack kills 15 Iraqi soldiers in Ramadi 
The city is now largely held by the Islamic State group.

4.Health Minister JP Nadda elected president of 68th World Health Assembly in Geneva.
He will preside over the WHA session and lead a high-level Indian delegation to the assembly, which is slated to take place in Geneva between 18 and 27 May.

5. Novak Djokovic beats Roger Federer to retain Rome Masters title
This is his fourth Italian Open title.