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Friday, November 17, 2017

DAILY CURRENT AFFAIRS: 14 NOV 2017

DAILY CURRENT AFFAIRS: 14 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      37TH INDIA INTERNATIONAL TRADE FAIR BEGINS IN NEW DELHI
i. 37th India International Trade Fair has begun at Pragati Maidan in New Delhi. The 14-day annual event has been organised by the India Trade Promotion Organisation. It was inaugurated by President Ram Nath Kovind.
ii. This year the theme of the fair is “Startup India Standup India”. Vietnam is the Partner Country, while Kyrgyzstan is the Focus Country. Jharkhand is participating as a Partner State in the event.

2.      PM MODI INAUGURATED RICE FIELD LABORATORY IN MANILA NAMED AFTER HIM
i. PM Narendra Modi visited the International Rice Research Institute in Los Banos, Philippines and inaugurated ‘Shri Narendra Modi Resilient Rice Field Laboratory’ named after him.
ii. Narendra Modi unveiled a plaque to mark the inauguration of the ‘Shri Narendra Modi Resilient Rice Field Laboratory’. He also undertook a symbolic ground breaking for a new plot for submergence tolerant rice varieties and presented two Indian rice seed varieties to the International Rice Research Institute gene bank.
iii. He interacted with several Indian scientists working at IRRI. He also reviewed a photo exhibit showcasing flood tolerant rice varieties, drought tolerant rice varieties, salinity tolerant rice varieties and IRRI’s work with women farming cooperatives.
3.      INDIA, PHILIPPINES INKS FOUR AGREEMENTS IN VARIOUS FIELDS
i. Four agreements were signed by India and Philippines in areas including Defence Cooperation and Logistics, agriculture, Micro, Medium and Small Enterprises-MSME and forging closer relations between the Indian Council of World Affairs and the Philippines Foreign Service Institute.
ii. The bilateral meeting was held between PM Modi and the Philippines President Rodrigo Duterte.

DAILY CURRENT AFFAIRS: 13 NOV 2017

DAILY CURRENT AFFAIRS: 13 NOV 2017
(DAILY NEWS INDIA)
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1.      PM MODI IN PHILIPPINES ON 3-DAY OFFICIAL VISIT
i. PM Narendra Modi has reached the Philippines capital Manila on a 3-day official visit. He will be attending the 31st ASEAN, the East Asia and the India-ASEAN annual Summits.
ii. During the visit to the Philippines, his first bilateral visit to the country, the Prime Minister will also participate in special celebrations of the 50th anniversary of ASEAN, Regional Comprehensive Economic Partnership Leaders’ Meeting and ASEAN Business and Investment Summit.
iii. ASEAN's theme for 2017 is 'Partnering for Change, Engaging the World'.

DAILY CURRENT AFFAIRS: 12 NOV 2017

DAILY CURRENT AFFAIRS: 12 NOV 2017
(DAILY NEWS INDIA)
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1.      FIRST EVER INTERNATIONAL AYUSH CONFERENCE AND EXHIBITION HELD IN DUBAI
i. The International AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) Conference and Exhibition 2017 is held in Dubai. Minister for AYUSH Sripad Naik is on a 3-day visit to UAE to participate in the first ever International Ayush Conference and Exhibition in Dubai.
ii. This is the first ever conglomeration of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy practitioners, policy makers, industrialists, researchers and students across the world. Indian government has committed to provide 100 non-Indian students full scholarship if they study AYUSH in any of the public deemed universities across India.
iii. AYUSH ministry is also in touch with the UAE Ministry of Health to set up an AYUSH chair in Dubai.

DAILY CURRENT AFFAIRS: 11 NOV 2017

DAILY CURRENT AFFAIRS: 11 NOV 2017
(DAILY NEWS INDIA)
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1.      23RD GST COUNCIL MEET HELD IN GUWAHATI, 28% TAX ONLY FOR 50 ITEMS
i. 23rd meeting of the Goods and Services Tax Council headed by Union Finance Minister, Arun Jaitley was held in Guwahati, Assam. Decisions taken during this meeting of GST council has brought in a comprehensive overhaul of GST rates. Besides return filing has been eased and more relief has been provided to small and medium enterprises.
ii. GST rate on 177 items has been reduced from 28% to 18%. Now only 50 items, mostly demerit, sin and luxury goods will attract 28% GST rate. This decision will have a revenue implication of Rs 20000 cr annually.
iii. Some of the items for which GST rate has been reduced from 28% to 18% include chewing gum, dental hygiene products, chocolate, aftershave, detergent, marble, custard powder, deodorant, nail polishes and creams.
iv. Besides, 13 items have been moved from 18% to 12% slab, 6 items from 18% to 5% slab, 8 items from 12% to 5% slab and 6 items from 5% to nil. The new tax rates will come into effect from November 15, 2017.
v. All restaurants across India (Air conditioned and non-Air conditioned restaurants), except those in five-star hotels will be levied GST of 5%, without input tax credit benefits. The GST Council has also raised the threshold for the composition scheme to 1.5 cr from 1 cr. Under the composition scheme, traders are allowed to pay a fixed rate to avoid GST paperwork. For nil liability tax filers, fine for late filing of returns has been cut to 20 per day from Rs. 200.

2.      INDIA RE-ELECTED MEMBER OF UNESCO’S EXECUTIVE BOARD
i. India has been re-elected as the member of the UNESCO’s executive board, its top decision-making body. The election was held at the 39th session of the General Conference of the UNESCO in Paris, France.
ii. The General Conference consists of the representatives of the States Members of the organisation. Each country has one vote, irrespective of its size or the extent of its contribution to the budget.

Tuesday, November 14, 2017

DAILY CURRENT AFFAIRS: 10 NOV 2017

DAILY CURRENT AFFAIRS: 10 NOV 2017
(DAILY NEWS INDIA)
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1.      RADHA MOHAN SINGH INAUGURATES THREE-DAY ORGANIC WORLD CONGRESS – 2017 IN GREATER NOIDA
i. Union Agriculture and Farmers’ Welfare Minister, Radha Mohan Singh inaugurated the 3-day Organic World Congress – 2017 at India Expo Centre in Greater Noida. 1,400 representatives from 110 countries, and 2000 delegates from India participated in the Organic World Congress – 2017. The goal is to move from organic India to the organic world.
ii. The Organic World Congress is organized once every three years in a different country. The International Federation of Organic Farming Movements and Organic Farming Association of India are organizing the event.
iii. One of the highlights of the event is the exhibition of carefully preserved diverse indigenous seed varieties over generations. 55 seeds group from 15 Indian states showcase 4,000 varieties of seeds in the event.

2.      HDFC BANK LAUNCHED SMARTUP ZONE IN KOCHI
i. HDFC Bank has announced the launch of its SmartUp Zone in Kochi, an exclusive area inside the branch dedicated for start-ups.
ii. SmartUp Zones will be launched in over 65 branches in 30 cities across India, including tier 2 and 3 cities that are emerging as start-up hubs. The objective is to harness the potential of the startup and fintech eco-system using a multi-pronged approach.

Sunday, November 12, 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017

DAILY CURRENT AFFAIRS: 9 NOV 2017
(DAILY NEWS INDIA)
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1.      PANEL UNDER M VINOD KUMAR BEGINS REVIEW OF GST LAWS TO REMOVE GLITCHES
i. A committee headed by M Vinod Kumar, GST chief commissioner for Karnataka has started a review of the laws governing Goods and Services Tax. The committee has been set up to provide suggestions for smoothening the GST regime, especially for small businesses who have been complaining of a an increase in compliance burden.
ii. Another committee comprising industry representatives has also been set up to provide external inputs on this matter. Besides, group of state finance ministers has also suggested some changes to the existing structure.
iii. Next meeting of GST council is scheduled to be held on November 10, 2017 in Guwahati, Assam. At this meeting, decision will be taken on proposals from a ministerial panel for tax rate cuts on restaurants and for further liberalization of the composition scheme meant for small businesses.

DAILY CURRENT AFFAIRS: 8 NOV 2017

DAILY CURRENT AFFAIRS: 8 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      COP23 CLIMATE CHANGE SUMMIT HELD IN BONN,GERMANY
i. 23rd annual “conference of the parties” under the UN Framework Convention on Climate Change begun on November 6, 2017 in Bonn, Germany. This conference will continue till November 17, 2017.
ii. COP23 was opened on November 6, 2017 by Fiji’s PM Voreqe ‘Frank’ Bainimarama. The India Pavilion at COP 23 was inaugurated by Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan. India’s theme for COP 23 is ‘Conserving Now, Preserving Future’.

Wednesday, November 8, 2017

DAILY CURRENT AFFAIRS: 7 NOV 2017

DAILY CURRENT AFFAIRS: 7 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      FINANCIAL ASSISTANCE OF RS 2,302.05 CR FOR PROJECTS UNDER COASTAL BERTH SCHEME
i. Union Ministry of Shipping has announced to provide financial assistance worth Rs 2302 cr for projects under the Coastal Berth Scheme of the flagship Sagarmala Programme.
ii. Projects under Coastal Berth Scheme will be executed in total eight states. With 12 projects, Maharashtra is the state having highest number of projects under this scheme.
iii. 10 projects will be executed in Andhra Pradesh & Goa, 6 projects in Karnataka, 3 projects in Kerala and Tamil Nadu, 2 projects in Gujarat and 1 in West Bengal.

DAILY CURRENT AFFAIRS: 6 NOV 2017

DAILY CURRENT AFFAIRS: 6 NOV 2017
(DAILY NEWS INDIA)
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1.      FOUNDATION FOR POVERTY-FREE INDIA TO BE LAID BY 2022: NITI AAYOG
i. NITI Aayog has said in a presentation that, the foundation for freedom from six problems namely poverty, corruption, dirt, terrorism, casteism and communalism will be laid by 2022 when India celebrates 75 years of Independence.
ii. The presentation was published on NITI Aayog website. The presentation was made by NITI Aayog Vice-Chairman Rajiv Kumar at Conference of Governors in October 2017. It talked about connecting all villages with habitations over 500 with all-weather roads by 2019 under Pradhan Mantri Gram Sadak Yojana.
iii. It said that, India should have 20 world class higher education institutions by 2022. It also visualised that, all villages selected under Pradhan Mantri Adarsh Gram Yojana should attain model village status by 2022.

DAILY CURRENT AFFAIRS: 4 NOV 2017

DAILY CURRENT AFFAIRS: 4 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
1.      PM MODI INAUGURATED WORLD FOOD INDIA 2017
i. Prime Minister Narendra Modi inaugurated the most anticipated International Mega Food event- World Food India 2017, the biggest congregation of global investors and business leaders of major food companies.
ii. The event is organised by the Food Processing Industries Ministry in Delhi. The three-day event aims to transform food economy and realise the vision of doubling of farmers' income by establishing India as a preferred investment destination.

DAILY CURRENT AFFAIRS: 5 NOV 2017

DAILY CURRENT AFFAIRS: 5 NOV 2017
(DAILY NEWS INDIA)
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1.      GOVERNMENT LAUNCHED DEEN DAYAL SPARSH YOJANA, A SCHOLARSHIP PROGRAM FOR SCHOOL CHILDREN
i. Union Minister of Communications Manoj Sinha launched a pan India scholarship program for school children called Deen Dayal SPARSH Yojana to increase the reach of Philately.
ii. Abbreviation SPARSH stands for Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby.
iii. Under this scheme annual scholarships will be awarded to children of Standard VI to IX who have good academic record and are also pursuing Philately.

Tuesday, November 7, 2017

DAILY CURRENT AFFAIRS: 3 NOV 2017

DAILY CURRENT AFFAIRS: 3 NOV 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.   PRESIDENT OF INDIA INAUGURATES 21ST WORLD CONGRESS OF MENTAL HEALTH
i. The President of India, Shri Ram Nath Kovind, inaugurated the 21st World Congress of Mental Health being organized by the World Federation for Mental Health in partnership with Caring Foundation and other institutions in New Delhi.
ii. The World Congress of Mental Health is taking place in India for the first time.

2.   INTER-STATE COUNCIL RECONSTITUTED WITH PM MODI AS CHAIRMAN
i. The Inter-State Council, has been reconstituted with PM Narendra Modi as its Chairman and six Union ministers and all chief ministers as members.
ii. Inter-State Council investigates and advises on disputes between states. The Union ministers who will be members of the reconstituted council are: Rajnath Singh (Home), Arun Jaitley (Finance), Sushma Swaraj (External Affairs), Thaawar Chand Gehlot (Social Justice and Empowerment), Nitin Gadkari (Road Transport) and Nirmala Sitharaman (Defence).
iii. Chief Ministers of all states and Union territories having legislative assemblies will also be members of the council. The following Union ministers have been made permanent invitees to the council:
1.Suresh Prabhu (Commerce), Harsimrat Kaur Badal (Food Processing Industries), Ramvilas Paswan (Food), Jual Oram (Tribal Affairs), Dharmendra Pradhan (Petroleum), Prakash Javadekar (HRD) and Piyush Goyal (Railway).
iv. Main Purpose of this council is to discuss and investigate policies, subjects of common interest, and disputes, among states.

3.   INDIA SLIPS 21 SLOTS ON WEF GENDER GAP INDEX
i. India slipped 21 places on the World Economic Forum’s Global Gender Gap index to 108, behind neighbours China and Bangladesh, primarily due to less participation of women in the economy and low wages, according to the WEF Global Gender Gap Report 2017.
ii. India’s latest ranking is 10 notches lower than its reading in 2006 when the WEF started measuring the gender gap. According to the Report, India has closed 67% of its gender gap. Bangladesh ranked 47th while China was placed at 100th.
iii. Top 5 Countries in the List are- Iceland, Norway, Finland, Rwanda and Sweden.

4.   WORLD’S THIRD LARGEST BOOK FAIR OPENS IN SHARJAH
i. World’s 3rd largest book fair, Sharjah International Book Fair 2017, opened on November 1, 2017 in Sharjah, UAE. SIBF 2017 has been organised by Sharjah Book Authority. The fair will continue for 11 days.
ii. Theme of SIBF 2017 is ‘A World in My Book’. .As United Kingdom is SIBF 2017 ‘Country of Honour’, a special programme will be held featuring elite British authors and prominent literary figures.
iii. The fair showcases more than 1.5 million book titles and 1650 publishing houses from 60 countries. Two million visitors are expected to attend Sharjah International Book Fair 2017. Book sales in last year’s SIBF reached USD 48.2 million.
iv. It is to be noted that Sharjah has been declared as the ‘World Book Capital 2019’ by United Nations Educational, Scientific and Cultural Organization.

5.   MUKESH AMBANI BECOMES ASIA'S RICHEST PERSON: FORBES
i. Chairman of Reliance Industries Limited Mukesh Ambani overtook China’s Hui Ka Yan to become Asia’s richest person with a total wealth of $42.1 billion, according to Forbes’ real-time billionaire’s list.
ii. Ambani's personal wealth rose by $466 million. On the other hand, the wealth of China Evergrande Group’s Chairman Hui Ka Yan slumped by $1.28 billion to $40.6 billion. Globally, Ambani stood at the 14th spot on Forbes’ real-time billionaire’s list, which is based on the value of person’s stock holding and assets on a real-time basis.

6.   ASSAM SIGNS MOUS WITH SINGAPORE FOR SKILLING STATE’S YOUTH
i. Assam government has MoUs and Terms of Reference with Singapore for skilling youth of the state. The MoU and ToR for North East Skills Centre were signed between Skill, Employment and Entrepreneurship Department, of Assam government and ITE Education Service, Singapore.
ii.  An MoU for Guwahati City Greening was inked between the Guwahati Metropolitan Development Authority and Singapore Corporation Enterprise.

7.   INDIAN AIR FORCE CONTINGENT IN ISRAEL TO PARTICIPATE IN ‘EX BLUE FLAG-17’
i. A 45 member contingent of the Indian Air Force had left for Israel to participate in exercise ‘Blue Flag-17’. Blue Flag is a bi-annual multilateral exercise which aims to strengthen military cooperation amongst participating nations.
ii. The exercise is being conducted at Uvda Air Force Base in Israel.

8.   INDIA, KAZAKHSTAN JOINT EXERCISE “PRABAL DOSTYK- 2017” BEGINS IN HIMACHAL PRADESH
i. Indian and Kazakhstan armies began a 14-day joint exercise “Prabal Dostyk- 2017” in Himachal Pradesh, to strengthen bilateral relations and exchange skills and experience. This is the 2nd joint military exercise between India and Kazakhstan. The first edition of “Prabal Dostyk” was held in Kazakhstan in 2016.
ii. The joint exercise is aimed at improving the military relationship between India and Kazakhstan and achieving interoperability between the two armies.
iii. The joint exercise aims to acquaint the forces with each other’s operating procedures with focus on counter- insurgency and counter-terrorism operations under the UN’s mandate.

9.   YES BANK UNVEILS BHIM YES PAY
i. Private sector bank, Yes Bank has unveiled BHIM YES PAY which is being termed as India’s 1st wallet that is fully integrated with all the IndiaStack APIs and National Payment Corporation of India products.
ii. BHIM YES PAY is currently available for Android Users and will soon be available for iOS users. Around 5.5 lakh customers of Yes Bank are currently registered on BHIM YES PAY.
iii. In addition to other payment infrastructure like Unified Payments Interface and Immediate Payment Service, BHIM YES PAY has been integrated with three other products of National Payment Corporation of India viz. RuPay Virtual Card, BharatQR and Bharat Bill Payment Service.

10.           AJAY BISARIA NAMED INDIA’S NEXT HIGH COMMISSIONER TO PAKISTAN
i. India has appointed Ajay Bisaria as the next high commissioner to Pakistan. He is currently ambassador to Poland. Bisaria takes over from Gautam Bambawale, who was last month appointed India’s ambassador to China.
ii. Bisaria was in charge of the Eurasia desk that looks after India’s ties with Russia and the Central Asian republics, prior to his appointment as India’s ambassador to Poland.

11.           NEELAMANI N. RAJU APPOINTED KARNATAKA’S FIRST WOMAN POLICE CHIEF
i. Neelmani N. Raju has been appointed as Karnataka’s first woman Director General and Inspector General of Police.
ii. She will take over from Rupak Kumar Dutta, who is retiring from service.

12.           EESL RECEIVES $454 MN FUNDING FROM GLOBAL ENVIRONMENT FACILITY FOR ENERGY EFFICIENCY PROGRAMS
i. Global Environment Facility, an international partnership of 183 countries, International development banks, United Nations agencies and international non-governmental organizations will provide $454 million funding for energy-efficiency projects run by Energy Efficiency Services Ltd.
ii. Energy Efficiency Services Ltd is leading implementation of energy efficiency projects across India. It is promoted by four public sector firms in the energy sector viz. NTPC Ltd, Power Grid Corp. of India Ltd., Rural Electrification Corp. Ltd and Power Finance Corp. Ltd
iii. $454 million funding to EESL comprises of a GEF grant of $20 million and co-financing of $434 million in the form of loans and equity. The loan component also includes $200 million loan from the Asian Development Bank,

13.           MAHARASHTRA GOVT ADDS 18M TO SHIVAJI STATUE, TO BE WORLD’S TALLEST AT 210M
i. The 210-metre-high statue of Chhatrapati Shivaji Maharaj has received environmental clearance, making it the world’s tallest statue, once built.
ii. The Maharashtra Coastal Zone Management Authority approved the government’s application to increase the height from the earlier proposed 192 metres. Currently, the Spring Temple Buddha statue, which stands at 208 metres in China, is the world’s tallest statue.

14.           CHANDA KOCHHAR, PRIYANKA CHOPRA FEATURED ON FORBES 100 MOST POWERFUL WOMEN IN THE WORLD
i. ICICI Bank Chief Executive Officer and Managing Director Chanda Kochhar and Bollywood actress Priyanka Chopra have featured on the list of the world’s 100 most powerful women compiled by Forbes.
ii. The overall list was topped by German Chancellor Angela Merkel. She has retained the top position for the seventh consecutive year and 12 times in total. 2nd position is occupied by UK PM Theresa May. 3rd place was secured by Melinda Gates, co-chair of the Bill and Melinda Gates Foundation.
iii. PepsiCo CEO Indra Nooyi is at the 11th position. Chanda Kochhar, CEO & MD of ICICI was ranked 32 on the list. HCL Corp. CEO Roshni Nadar Malhotra took the 57th position.
iv. Other Indians on the list are Shobhana Bhartia, chairperson and editorial director for HT Media, at the 92nd place and Priyanka Chopra, at 97. The list covered four metrics—money, media presence, spheres of influence and impact.

15.           K SATCHIDANANDAN SELECTED FOR EZHUTHACHAN PURASKARAM
i. Noted Malayalam Poet and literary critic, K Satchidanandan, has been selected for Ezhuthachan Puraskaram 2017. This is Kerala government's highest literary honour.
ii. The award is for his contributions to Malayalam literature and poetry. This award has been Instituted in the name of Ezhuthachan, the father of Malayalam language, the award carries a cash prize of Rs 5 lakh and a citation.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHO IS THE CHAIRMAN OF RECENTLY RECONSTITUTED INTER-STATE COUNCIL?
a)  RBI Governor
b)  Finance Minister
c)  Prime Minister
d)  President
Q2. WITH WHICH FOREIGN COUNTRY, THE ASSAM GOVERNMENT SIGNED MEMORANDUM OF UNDERSTANDING AND TERMS OF REFERENCE FOR SKILLING YOUTH OF THE STATE?
a)  Argentina
b)  Canada
c)  Malaysia
d)  Singapore
Q3. WHAT IS THE THEME OF THE WORLD’S THIRD LARGEST BOOK FAIR, SHARJAH INTERNATIONAL BOOK FAIR 2017?
a)  A World in My Book
b)  Books For Better Life
c)  Book For The Knowledge
d)  Book is My World
Q4. PRABAL DOSTYK- 2017 IS THE JOINT EXERCISE BETWEEN INDIA AND WHICH COUNTRY?
a)  China
b)  Kazakhstan
c)  Pakistan
d)  Sri Lanka
Q5. ENERGY EFFICIENCY SERVICES LTD RECEIVES $454 MN FUNDING FROM WHICH ORGANISATION FOR ENERGY efficiency programs?
a)  Global Green Growth Institute
b)  Earth System Governance
c)  Global Environment Facility
d)  United Nations Environment

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