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Monday, September 18, 2017

DAILY CURRENT AFFAIRS: 15 SEP 2017

DAILY CURRENT AFFAIRS: 15 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      JAPAN PM SHINZO ABE IN AHMEDABAD FOR INDIA-JAPAN ANNUAL SUMMIT: INDIA'S FIRST BULLET TRAIN PROJECT INAUGURATED
i. Prime Minister Narendra Modi received his Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr. Abe is in India on a 2-day visit to attend the India-Japan annual summit meeting. The 12th edition of the summit will be held in Gandhinagar, Gujarat.
ii. PM Narendra Modi and his Japanese counterpart Shinzo Abe laid the foundation stone of the 508-km long Mumbai-Ahmedabad High-Speed Rail in Ahmedabad. The two leaders visited the Sabarmati Ashram after Abe’s arrival in Gujarat.
iii. About the Bullet Train Project in Brief- It is 508-km long High-Speed Rail that will run between Mumbai-Ahmedabad. The cost of the project is Rs 1,10,000-cr.
iv. The train which will have a top speed of 350 km per hour will reduce travel time between the two cities to around 2 hours from the existing 7 hours. The Project is scheduled to complete by December 2023. The project is mostly on Japanese soft loan.

2.      INDIA, BELARUS SIGN TEN MOUS
i. PM Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi and discussed various issues of mutual interest of both countries. A number of agreements were signed in several areas after the talks.
ii. Mr. Lukashenko’s visit was significant as it took place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations.
iii. Following Agreements/MoUs were signed:
1. MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education of the Republic of Belarus
2. Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus
3. MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field of Vocational Education and Training
4. Protocol amending the Agreement between the Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007.
5. MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy, Gorki, Belarus for Cooperation in Agricultural Research and Education
6. Programme of cooperation between the Government of Republic of India and the Government of Republic of Belarus in the field of culture for 2018-2020.
7. MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry in the Oil and Gas Sector.
8. MoU between JSV "Belzarubezhstroy” and National Buildings Construction Corporation Ltd. MoU between JSC Belarusian Potash Company and Indian Potash Ltd.
9. Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune

DAILY CURRENT AFFAIRS: 14 SEP 2017

DAILY CURRENT AFFAIRS: 14 SEP 2017
(DAILY NEWS INDIA)
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1.      DR.HARSH VARDHAN INAUGURATES CONFERENCE ON SUSTAINABLE LANDSCAPES & FOREST ECOSYSTEMS
i. Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan inaugurated a 2-day conference on “Sustainable landscapes and forest ecosystems: Theory to Practice”, in New Delhi.
ii. The Minister insisted on bringing up solutions for increasing the forest cover up to a minimum of 33 % and for the problem of weeds.
iii. He launched the “Wood is Good” campaign. The Partnership for Land Use Science is a joint programme between United States Agency for International Development and Ministry of Environment, Forest and Climate Change.
iv. The aim of Forest-Plus is to improve the capacity of Reducing Emissions from Deforestation and Forest Degradation in India.

DAILY CURRENT AFFAIRS: 13 SEP 2017

DAILY CURRENT AFFAIRS: 13 SEP 2017
(DAILY NEWS INDIA)
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1.      UNION GOVERNMENT REORGANISES SIX COMMITTEES OF CABINET
i. After the recent ministry reshuffle the Union Government has reorganized six Committees of the Cabinet.
ii. Defence minister Nirmala sitharaman and Railway minister Piyush whose portfolios was recently elevated were inducted in Cabinet Committee on Political affairs.
iii. Nirmala sitharaman, Piyush , Minister for Petroleum and Natural Gas Dharmendra Pradhan were also included as permanent members of the Cabinet Committee on Economic Affairs.

Thursday, September 14, 2017

DAILY CURRENT AFFAIRS: 12 SEP 2017

DAILY CURRENT AFFAIRS: 12 SEP 2017
(DAILY NEWS INDIA)
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1.INDIA, SRI LANKA HOLD MINISTERIAL LEVEL TALKS IN NEW DELHI
i. External Affairs Minister Sushma Swaraj and her Sri Lankan counterpart Tilak Marapana held wide-ranging talks to deepen bilateral relationship between the two countries. It is Marapana’s first overseas visit after assuming charge as foreign minister on 15th August. Marapana also met PM Narendra Modi concluding the official part of his 3-day visit.
ii. Issues discussed: – Talks on the plight of fisherman issue was discussed from both sides, the talks are going on for the past one year in Colombo to arrive at a permanent solution. Wide range of co-operation in the areas of trade and investment.
iii. Faster implementation of bilateral projects like finalising the Mattala airport project near Hambantota as well as a container terminal at the Colombo Port.

2.GOVERNMENT TO LAUNCH PROJECT INSIGHT
i. The Union Finance Ministry, has announced that is has planned to launch ‘Project Insight’ from October, 2017, in a move to restrict black money holdings and transactions.
ii. The Government has signed a contract with L&T Infotech Ltd., regarding ‘Project Insight’. The aim of this project is to observe and check high value transactions, and track tax evaders with the help of technology to restrict black money holdings.
iii. Puropose of Project Insight: The linking of Permanent Account Number with Aadhaar will help identify and analyze the transactions of tax payers.
iv. This Information Technology method is non-intrusive. Whereas, the earlier method was search and seize, which was highly intruding the tax payers.

DAILY CURRENT AFFAIRS: 11 SEP 2017

DAILY CURRENT AFFAIRS: 11 SEP 2017
(DAILY NEWS INDIA)
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1.   ASSAM ENACTS INDUSTRIAL DISPUTES (ASSAM AMENDMENT) BILL 2017
i. Assam passed the Industrial Disputes (Assam Amendment) Bill, 2017, regarding lay off of employees, in Guwahati. The law enables employers to lay off up to 300 employees without prior permission from the government.
ii. The employee count has been increased from 100 to 300. The law is said to increase the ease of doing business. As, employers are hesitant to recruit more number of employees because when the employee count increases more than 100, there would be problems during lay off.
iii. The Government has decided to increase the compensation of a labourer from the current 15 days salary to up to 60 days salary.

2.   WEST BENGAL LEADS IN NEW TAX REGISTRATION UNDER GST REGIME
i. According to the reports, the national average is 23%; Bengal leads the pack with as high as 77% in new tax registration under the GST regime in India. As per the reports, about 245,000 people in the state are tax payers while the number in the country stands at around 8 million.
ii. States such as Gujarat and Maharashtra are behind West Bengal in GST registration. The figures were disclosed by Mr Arvind Singh, the new principal commissioner of GST & CX, eastern region.
iii. The figures were disclosed at a session titled “Democratisation of Services” on the second of the two-day ICT East organized by CII.

3.   DEFENCE MINISTER NIRMALA SITHARAM FLAGS OFF INSV TARINI AT INS MANDOVI
i. Defence Minister flagged off Navy women team’s historic voyage from Goa for circumnavigation. The Indian Navy’s woman team has embarked on a circumnavigation of the globe, with Defence Minister Nirmala Sitharaman.
ii. The Indian Navy calls it a “historic” day for the country. Goa Chief Minister Manohar Parrikar and Navy chief Admiral Sunil Lanba were also present on the occasion.
iii. The minister flagged off the first such expedition by the Indian Navy, ‘Navika Sagar Parikrama’, at a ceremony at the INS Mandovi naval training base, Panaji Goa. The 6-member women crew will circumnavigate the globe on an India-built sail boat, INSV Tarini, which is being captained by Lt Commander Vartika Joshi.
iv. The circumnavigation is to be covered in about 165 days at sea. The first stop would be in Free-Mantle in Australia, New Zealand and then to Falklands before reaching their last stop in Cape Town in South Africa.

4.   ICICI LOMBARD, SBI LIFE INSURANCE GETS SEBI APPROVAL FOR IPO
i. ICICI Lombard General Insurance Company and SBI Life Insurance gets SEBI approval for Initial Public Offering. SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO of up to Rs 8,400 cr ($1.3 billion), with launch targeted for the September 20-22 period.
ii. The IPO will involve 120 million secondary shares, or 12% of the insurer’s equity capital. State Bank of India, which currently owns 70.1% of the insurer, will sell 80 million shares and BNP Paribas Cardif, holder of a 26% stake, will sell 40 million.
iii. ICICI Lombard General Insurance Company has got approval from capital markets regulator Securities and Exchange Board of India’s which could be the first by a general insurer in the country.
iv. ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd. According to market sources, the IPO could be worth about Rs 6,000 cr.

5.   IRDAI ALLOWS ONE-TIME PASSWORD FOR OPENING ONLINE INSURANCE ACCOUNT
i. Insurance Regulatory and Development Authority announced usage of OTP for opening e-Insurance Account as an alternative to electronic signature, in New Delhi.
ii. IRDAI said that in order to facilitate the opening of e-Insurance Account through online or electronic means, the authority has permitted validation by One Time Password.
iii. Now, e-signature of the e- insurance account holder on the application form for opening the account is considered as a valid authentication. Also IRDAI has permitted the e-KYC facility offered by Unique Identification Authority of India which provides unique Aadhaar numbers.

6.   MICROSOFT CEO SATYA NADELLA ANNOUNCES HIS FIRST BOOK ‘HIT REFRESH’
i. Microsoft CEO Satya Nadella has launched his 1st book named Hit Refresh. The book includes the inside story of the company’s continuing transformation, Nadella’s own personal journey, Vision for the coming wave of intelligent technologies.
ii. The book goes on sale globally on 26th September and is available for pre-order. Satya Nadella will donate all proceeds from Hit Refresh to Microsoft Philanthropies.
iii. The book also includes a set of questions for anybody searching for improvement for themselves as leaders, for their institutions and for society.

7.   INDIA WINS 2ND SABA U-16 CHAMPIONSHIP
i. India won the 2nd South Asian Basketball, SABA, Under – 16 Championship, in Kathmandu, Nepal.
ii. The championship was held at Dashrath Rangshala Stadium, in Kathmandu. India won all its 4 matches and obtained a total of 8 points.
iii. India was followed by Bangladesh in the 2nd position and Nepal in the 3rd. The championship followed a round robin league format.
iv. India has now qualified for the 2017 International Basketball Federation, FIBA, Under-16 Asian Championship to be played in Malaysia, in 2017.

8.   WORLD SUICIDE PREVENTION DAY 2017
i. World Suicide Prevention Day 2017 was observed throughout the world. This year’s theme was ‘Take a minute, change a life.’
ii. This is the 15th World Suicide Prevention Day. The day was first observed in 2003, as an initiative of the International Association for Suicide Prevention and the World Health Organization.
iii. The following activities are carried out on the World Suicide Prevention Day: Launch of new government initiatives to prevent suicide, Media programs that promote suicide prevention, Conferences, educational seminars and public lectures regarding suicide prevention.
iv. Memorial services or candlelight ceremonies to remember those who died by suicide, Organizing cultural or spiritual events, fairs and exhibitions, Launches of publications about suicide awareness and prevention and Training courses about suicide and depression awareness.

9.   HIMALAYA DAY BEING OBSERVED ACROSS UTTARAKHAND ON SEPTEMBER 9
i. Himalayan Day observed across the country on 9th September and the main programme held in Dehradun. Himalayan Day would be observed at 400 venues across the country to highlight its importance.
ii. The theme for this year was ‘Contribution of Himalayas and Our Responsibility’. The mission took out a rally in Dehradun to mark the day and CM Trivendra Singh Rawat was the chief guest at the workshop.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH STATE HAS PASSED THE INDUSTRIAL DISPUTES REGARDING LAY OFF OF EMPLOYEES?
a)  Hyderabad
b)  Assam
c)  Kerala
d)  Tamil Nadu
Q2. WHICH OF THE FOLLOWING STATE IN INDIA LEADS IN NEW TAX REGISTRATION UNDER GST REGIME?
a)  Maharashtra
b)  Uttarakhand
c)  West Bengal
d)  New Delhi
Q3. WHO FLAGGED OFF WOMEN CREW ‘NAVIKA SAGAR PARIKRAMA’OF INDIAN NAVAL SAILING VESSEL TARINI AT THE INS MANDOVI NAVAL TRAINING NEAR PANAJI?
a)  Piyush Goyal
b)  Manohar Parikar
c)  Arun Jaitley
d)  Nirmala Sitharaman
Q4. WHICH TWO BIG INSURANCE COMPANIES HAVE GOT APPROVAL FROM SEBI?
a)  ICICI Lombard and SBI Life insurance
b)  IDFC
c)  HDFC Life Term plan
d)  IDBI and Yes Bank
Q5. WHO HAS LAUNCHED THE BOOK HIT REFRESH?
a)  Jeff Bezos
b)  Sachin Bansal
c)  Satya Nadella
d)  Mark Zukerberg

ANSWERS: 

1 - B    2 - C    3 - D    4 - A    5 - C

Tuesday, September 12, 2017

DAILY CURRENT AFFAIRS: 5 SEP 2017

DAILY CURRENT AFFAIRS: 5 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      JOINT INDIA-NEPAL ARMY EXERCISE BEGINS IN SALJHANDI, NEPAL
i. Nepal India Joint Military Exercise Surya Kiran has launched and it is to be held in Nepal Army Battle School at Saljhandi from September 3 to 16. This is the 12th edition of the exercise.
ii. It will have around 350 troops from each side, focusing on counterinsurgency and counter-terror operations. Surya Kiran series of exercises are held alternately in India and Nepal.
iii. The aim of this exercise is to conduct battalion level joint training with emphasis on Counter Terrorism in mountainous terrain. Aspects of Disaster Management have also been included in the exercise.
vi. The Joint Battalion Level Exercise will enhance defence co-operation and relations between the two nations.

DAILY CURRENT AFFAIRS: 4 SEP 2017

DAILY CURRENT AFFAIRS: 4 SEP 2017
(DAILY NEWS INDIA)
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1.      NARENDRA MODI CABINET RESHUFFLE WITH 9 NEW FACES AS MINISTERS
i. The cabinet got extended and reshuffled for the 3rd time. Modi expanded his council of ministers twice–1st on November 9, 2014 and then on July 5, 2016. Nine new Ministers of state were inducted into the Union Council of Ministers.
ii. Ministers of State who got into Cabinet Rank: – The ministers promoted were Mukhtar Abbas Naqvi, Piyush Goyal, Dharmendra Pradhan and Nirmala Sitharaman.
iii. Nirmala Sitharaman - She is promoted to ministry of defence. She is the 1st full time independent women defence minister. Prior to her, former PM Indira Gandhi held the defence portfolio as an additional charge on two occasions. Commerce and Industries department which was held by Nirmala sitharaman is now transferred to Suresh Prabhu who exits as railway minister.
iv. Piyush goyal -The railway department which was held by suresh prabhu is now transferred to Piyush Goyal. Apart from Railways, Piyush Goyal retains the ministry of coal.
v. Dharmendra Pradhan - Dharmendra Pradhan, now cabinet minister, will continue to have charge of Petroleum and Natural Gas and will also be minister for skill development and entrepreneurship, which Rajiv Pratap Rudy gave up two days ago.
vi. Mukhtar Abbas Naqvi - Minority Affairs Minister Muqtar Abbas Naqvi continues in his departments as a Cabinet minister.
vii. New members to the Cabinet : – Shiv Pratap Shukla - Shri Shiv Pratap Shukla is a Rajya Sabha MP from Uttar Pradesh. He is a Member of the Parliamentary Standing Committee on Rural Development. He served as a Cabinet Minister in the Uttar Pradesh government for 8 years, and is known for his work in Rural Development, Education and Prison reform during his tenure.
viii. Ashwini Kumar Choubey - Shri Ashwini Kumar Choubey is a Lok Sabha MP from Buxar, Bihar. He is member of the Parliamentary Committee on Estimates and Standing Committee on Energy. He is also a Member of Central Silk Board.
ix. Virendra Kumar - Shri Virendra Kumar is a Lok Sabha MP from Tikamgah, Madhya Pradesh. He has had a distinguished career in Public Service as a 6 term Lok Sabha MP. Virendra Kumar is the Chairperson of the Parliamentary Standing Committee on Labour, and has been Chairman of the Joint Committee on Office of Profit and a Member of National Social Security Board.
x. Anantkumar Hegde - Shri Anant kumar Hegde is a Lok Sabha MP from Uttara Kannada, Karnataka. He is a Member of the Parliamentary Standing Committee on External Affairs and Human Resource Development.
xi. Raj Kumar Singh - Shri Raj Kumar Singh is a Lok Sabha MP from Arrah, Bihar. He is a Member of the Parliamentary Standing Committees on Health and Family Welfare, Personnel, Pensions and Public Grievances and Law & Justice.
xii. Hardeep Singh Puri - Shri Hardeep Puri is a decorated former IFS officer of the 1974 batch, known for his experience and expertise in foreign policy and national security.
xiii. Gajendra Singh Shekhawat - Shri Gajendra Singh Shekhawat is a Lok Sabha MP from Jodhpur, Rajasthan. He is a Member of the Parliamentary Standing Committee on Finance and Chairperson of the Fellowship Committee.
xiv. Satya Pal Singh- Shri Satya Pal Singh is a Lok Sabha MP from Baghpat, Uttar Pradesh. He is a Member of the Parliamentary Standing Committee on Home Affairs and Chairperson of the Joint Committee on Offices of Profit.
xv. Alphons Kannanthanam - Shri Alphons Kannanthanam is a distinguished former IAS officer of the 1979 batch, Kerala cadre. He is also a practicing advocate…..click here to view complete detail

DAILY CURRENT AFFAIRS: 3 SEP 2017

DAILY CURRENT AFFAIRS: 3 SEP 2017
(DAILY NEWS INDIA)
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1.         KARNATAKA LAUNCHES UNIFIED HEALTH SCHEME ‘AROGYA BHAGYA’
i. Karnataka government will merge the existing seven health schemes to launch a unified health scheme- ‘Arogya Bhagya’. It will cover all 1.4 cr households of the state.
ii. The main theme of the ‘Arogya Bhagya’ scheme is “Treatment First and Payment Next”.
iii. All the health facilities will be provided through Aadhaar linked Universal Health Card. Universal Health Coverage scheme would help the card holder to get treatment in all the enroll private hospitals besides government hospitals to get treatment without paying any cash.
iv. The State Cabinet had given administrative sanction for the unified schemes and it will come to effect from 1st of November. The facilities would be provided by categorising the beneficiaries into two groups—A and B.
v. Category A will be a priority category, which will include farmers, deprived households, labourers from the unorganised sector, pourakarmikas, all SC/ST people, members of cooperative societies, government employees, media persons and elected representatives. The rest will fall under Category B.
vi. Those in rural areas would need to contribute Rs 300 per person and those in urban areas Rs 700 per person. The State Government will be spending Rs 867 cr for the unified scheme in the first year.

DAILY CURRENT AFFAIRS: 2 SEP 2017

DAILY CURRENT AFFAIRS: 2 SEP 2017
(DAILY NEWS INDIA)
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1.   NARENDRA MODI INAUGURATE ANNUAL CONFERENCE ‘RAJASWA GYAN SANGAM’ IN NEW DELHI
i. PM Narendra Modi has inaugurated the annual conference – Rajaswa Gyan Sangam, 2017 in New Delhi. He addressed the tax administrators during the conference.
ii. The Conference have been jointly organised by the Central Board of Direct Taxes and the Central Board of Excise and Customs.
iii. The objective of the Conference is to enable a two-way communication between the policy-makers and the senior officers in the field offices.
iv. Its aim is to increase revenue collection and facilitate effective implementation of law and policies in key result areas.
v. Finance Minister Arun Jaitley and Ministers of State for Finance Santosh Kumar Gangwar and Arjun Ram Meghwal will also be present on the ocassion.

Saturday, September 9, 2017

DAILY CURRENT AFFAIRS: 1 SEP 2017

DAILY CURRENT AFFAIRS: 1 SEP 2017
(DAILY NEWS INDIA)
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1. GOVERNMENT TO RELEASE NEW INDUSTRIAL POLICY
i. The Department of Industrial Policy and Promotion under the commerce and industry ministry will release a new industrial policy by October, it will focus on encouraging Indian branded products with high value addition at a global level, and will review the existing Foreign Direct Investment policy regime to facilitate greater technology transfer.
ii. Recently on august 29th, DIPP released consolidated FDI policy. The new policy is expected to replace the United Progressive Alliance government’s National Manufacturing Policy 2011, which sought to create 100 million jobs by 2022.

DAILY CURRENT AFFAIRS: 31 AUG 2017

DAILY CURRENT AFFAIRS: 31 AUG 2017
(DAILY NEWS INDIA)
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1. NARENDRA MODI’S VISIT IN RAJASTHAN: AUGUST 2017
i. Prime Minister Narendra Modi visited Rajasthan to inaugurate few highway projects and to dedicate some to our nation along with road  transport and highways minister Nithin Gadkari. He informed that his government is setting in a culture of completion of projects unlike previous governments.
ii. PM Modi will also visit Pratap Gaurav Kendra which exhibits the valour and achievements of Maharana Pratap and pay his homage to the famous King of Mewar.
iii. He laid foundation stone and inaugurated national highway projects worth Rs 15,000 cr. He dedicated 11 national highways to the nation. These highways cover a total length of 873 kms and inaugurated a suspension bridge built across the Chambal river at Kota, making it the first 6-lane cable suspended bridge in the Rajasthan.

2. CABINET APPROVALS ON 30 AUGUST 2017
i. MoU by the Election Commission of India with the Election Management Bodies of other countries, MoU with Myanmar for the Conservation of Earthquake-Damaged Pagodas at Bag.
ii. MoU on “India-Israel Industrial R&D and Technological Innovation Fund”. Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017.
iii. Cabinet apprised of jointly issue of postage stamps between Canada and India. MoU between India and Brazil for cooperation in the fields of Zebu Cattle Genomics.

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