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Wednesday, December 27, 2017

DAILY CURRENT AFFAIRS: 26 DEC 2017

DAILY CURRENT AFFAIRS: 26 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      ENVIRONMENT MINISTRY LAUNCHES PILOT PROJECT 'BLUE FLAG' FOR BEACH CLEAN-UP
i. To enhance standards of cleanliness on beaches, the environment ministry has launched a pilot project 'Blue Flag' for its clean-up and development.
ii. With the prime objective of enhancing standards of cleanliness, upkeep and basic amenities at beaches, the ministry has launched a pilot project, also striving for the 'Blue Flag' certification for such identified beaches.
iii. The 'Blue Flag' is a certification by the Foundation for Environmental Education that a beach, Marina or sustainable boating tourism operator, meets its stringent standards.

2.      STATE-RUN BANKS' NPAS TOUCHED RS 7.34 LAKH CR- RBI DATA
i. Bad loans of Public sector banks stood at Rs 7.34 lakh cr by the end of second quarter this fiscal, a bulk of which came from corporate defaulters, private sector banks' NPAs were considerably low. Moreover, for the recovery of the bad loans, the network of Debt Recovery Tribunals have been expanded to 39 at present, as compared to 33 in 2016-17, according to data furnished by the RBI and the government.
ii. The gross non-performing assets of the public sector and private sector banks as on September 30, 2017, were Rs 7,33,974 cr and Rs 1,02,808 cr, respectively. Among the major government-owned banks, State Bank of India had the highest level of NPAs at over Rs 1.86 lakh cr, followed by Punjab National Bank (Rs 57,630 cr) and Bank of India (Rs 49,307 cr).
iii. Up to end-September, among private banks, ICICI Bank had the most amounts of NPAs at Rs 44,237 cr, followed by Axis Bank (Rs 22,136 cr) and HDFC Bank (Rs 7,644 cr).

3.      UP GOVERNMENT SIGNS MOU WITH SOUTH KOREA
i. The Uttar Pradesh government signed an MoU with South Korea to enhance cooperation in the field of tourism, skill development, culture and farming.
ii. An agreement was signed in 2000 to develop Ayodhya and Gimhae as sister cities, following which a memorial was constructed in Ayodhya which is visited by a large number of tourists from South Korea every year.

DAILY CURRENT AFFAIRS: 25 DEC 2017

DAILY CURRENT AFFAIRS: 25 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      VICE PRESIDENT INAUGURATES CENTENARY CELEBRATIONS OF YOGA INSTITUTE IN MUMBAI
i. Vice President M Venkaiah Naidu has inaugurated the Centenary celebrations of the Yoga Institute in Mumbai. The institute was founded by Shree Yogendraji Mani Haribhai Desai, the disciple of Paramahans Madhavadasji in 1918. It helps spread yoga practices.
ii. According to Naidu practice of Yoga as a holistic way of life leading to physical, emotional and spiritual well-being.

2.      JAIRAM THAKUR WILL BE HIMACHAL PRADESH’S NEW CM
i. The Bharatiya Janata Party has named Jairam Thakur as legislature party leader in Himachal Pradesh, effectively making him the state’s next CM.
ii. The BJP’s central observer Narendra Singh Tomar announced Thakur’s name after a meeting of BJP?MLAs was convened, with all unanimously deciding in his favour.

DAILY CURRENT AFFAIRS: 24 DEC 2017

DAILY CURRENT AFFAIRS: 24 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      MEA LAUNCHED SAMEEP TO TAKE INDIAN FOREIGN POLICY TO STUDENTS ACROSS COUNTRY
i. With an aim to bring the foreign policy to the masses the External Affairs Ministry has come up with an initiative called SAMEEP - 'Students and MEA Engagement Programme'. Under this MEA official will talk to students to help them better understand foreign policy.
ii. The main objective of SAMEEP is to take Indian foreign policy and its global engagements to students across the country. Under this programme, all the ministry officers - under-secretary and above - will be asked to go to their hometowns, particularly their alma maters.

DAILY CURRENT AFFAIRS: 22 & 23 DEC 2017

DAILY CURRENT AFFAIRS: 22 & 23 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA'S FIRST DESIGN UNIVERSITY OPENS IN HARYANA
i. India's first and only design university, 'World University of Design' opened its campus at Sonipat, Haryana. The University is promoted by Om Parkash Bansal Educational and Social Welfare Trust of Mandi Gobindgarh, Punjab.
ii. The university is currently located in a sprawling lush green picturesque campus with the state-of-the-art infrastructure and world-class facilities. WUD is India's first university dedicated to education in the creative domain.

Friday, December 22, 2017

DAILY CURRENT AFFAIRS: 21 DEC 2017

DAILY CURRENT AFFAIRS: 21 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      CABINET APPROVES ESTABLISHING INDIA'S 1ST NATIONAL RAIL AND TRANSPORTATION UNIVERSITY
i. The Union Cabinet chaired by PM Narendra Modi has approved the Ministry of Railways' transformative initiative to set up India's first ever National Rail and Transport University in Vadodara, Gujarat to skill its human resources and build capability.
ii. Government is planning to launch the first academic program in July 2018. The funding of the new University/Institute is to entirely come from Ministry of Railways.

2.      DARPAN PROJECT LAUNCHED FOR FINANCIAL INCLUSION OF RURAL POPULATION
i. The Minister of Communications Manoj Sinha launched DARPAN- “Digital Advancement of Rural Post Office for A New India” Project to improve the quality of service, add value to services and achieve 'financial inclusion' of the unbanked rural population.
ii. The goal of the IT modernization project with an outlay of Rs. 1400 Cr is to provide a low power technology solution to each Branch Postmaster (BPM) which will enable each of approximately 1.29 Lakhs Branch Post Offices to improve the level of services being offered to rural customers across all the states.

3.      CABINET APPROVES "SCHEME FOR CAPACITY BUILDING IN TEXTILES SECTOR"
i. The Cabinet Committee on Economic Affairs has given its approval for a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector, titled "Scheme for Capacity Building in Textile Sector" from 2017-18 to 2019-20 with an outlay of Rs. 1300 cr.
ii. The scheme will have National Skill Qualification Framework compliant training courses. The objectives of the scheme are to provide demand-driven, placement oriented skilling program to incentivize the efforts of the industry in creating jobs in the organized textile and related sectors.

4.      UK TOPS FORBES' LIST OF BEST COUNTRIES FOR BUSINESS IN 2018
i. The United Kingdom has topped Forbes' rankings of best countries in the world for business in 2018 for the 1st time, up from fifth last year. The list ranks 153 countries on 15 factors including property rights, innovation, taxes and red tape.
ii. The UK is followed by New Zealand and the Netherlands, while India was ranked 62nd on the list. The UK's $2.6 trillion economy is the fifth largest in the world.  The world’s 2nd (China) and third (Japan) biggest economies rank 66th and 21st, respectively. Chad ranks last for the third straight year.

DAILY CURRENT AFFAIRS: 20 DEC 2017

DAILY CURRENT AFFAIRS: 20 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA, MYANMAR INK MOU FOR DEVELOPMENT OF RAKHINE STATE
i. India and Myanmar signed MoU on Rakhine State Development Programme and on Government to Government agreement on long-term socio-economic development of the state.
ii. This MoU is the 1st G to G agreement signed by the Ministry of Social Welfare, Relief and Resettlement of Myanmar. Under this MoU, Government of India proposes to take up, among others, a project to build prefabricated housing in Rakhine State so as to meet the immediate needs of returning people.

Thursday, December 21, 2017

DAILY CURRENT AFFAIRS: 19 DEC 2017

DAILY CURRENT AFFAIRS: 19 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA TO HOST MEETING OF WTO MEMBER COUNTRIES ON FOOD SECURITY
i. India will host a meeting of WTO member countries in February 2018 to muster support for food security and other issues. The announcement was made by Commerce and Industry Minister Suresh Prabhu in New Delhi.
ii. The proposed meeting would be in the backdrop of developed nations forming groupings to prepare ground for pushing investment facilitation, preparing rules for e-commerce, promoting gender equality and reducing subsidy on fisheries.

2.      GLOBAL INNOVATION INDEX- INDIA RANKED 60TH MOST INNOVATIVE COUNTRY, SWITZERLAND TOPS
i. India currently ranks 60th out of 127 countries on the Global Innovation Index 2017 as compared to 66th rank on GII 2016. The list was topped by Switzerland. NITI Aayog, Department of Industrial Policy & Promotion and Confederation of Indian Industry together launched a mega initiative “India Innovation Index”.
ii. This Index will rank states on Innovations through country’s first online innovation index portal that will capture data on innovation from all Indian states on innovation and regularly update it in real time.
iii. The Top 3 Countries on Global Innovation Index 2017 are- Switzerland, Sweden and Netherlands.

3.      BENGALI POET JOY GOSWAMI TO GET 31ST MOORTIDEVI AWARD
i. Eminent Bengali poet Joy Goswami will be given the 31st Moortidevi Award for the year 2017. The committee, headed by poet and scholar Satya Vrat Shastri, unanimously decided to confer the award upon Goswami for his poetry collection titled Du Dondo Phowara Matro.
ii. It is the first time the award will be given to a Bengali poet. The award consists of a Saraswati Statue, a Citation Plaque and cash award of Rupees 4 lakh.

DAILY CURRENT AFFAIRS: 18 DEC 2017

DAILY CURRENT AFFAIRS: 18 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      DHARMENDRA PRADHAN INAUGURATES EASTERN INDIA’S FIRST CNG STATIONS
i. Oil minister Dharmendra Pradhan inaugurated eastern India’s first compressed natural gas stations for scooters in Bhubaneswar, Odisha.
ii. Pradhan inaugurated two CNG stations for scooters and three-wheelers at Chandrasekharpur and Patia area in Bhubaneswar. The CNG stations were part of GAIL’s Pradhan Mantri Urja Ganga and City Gas Distribution projects in Bhubaneswar and Cuttack.
2.      ED FREEZES ASSETS WORTH RS 245 CR IN STC FRAUD CASE
i. The Enforcement Directorate has frozen assets worth Rs 245 cr in connection with its money laundering probe in the alleged fraud of Rs 2,200 crore with the State Trading Corporation.
ii. The agency had early this year registered a criminal case under the Prevention of Money Laundering Act against Ms Global Steel Holding Limited, its chairman Pramod Kumar Mittal and others based on an FIR by the CBI.

DAILY CURRENT AFFAIRS: 17 DEC 2017

DAILY CURRENT AFFAIRS: 17 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      ANDHRA PRADESH CABINET APPROVES PENSION FOR STATE'S TRANSGENDERS
i. The Andhra Pradesh Cabinet approved a scheme to provide a pension of Rs 1500 to transgenders above 18 years of age in the state.
ii. Under this scheme, the transgenders will be provided ration cards, plots, and scholarships, also skill development for financial stability. After Kerala and Odisha, Andhra Pradesh becomes the next state to sanction pension scheme for the transgender community.

2.      UIDAI TEMPORARILY BARS AIRTEL FROM CONDUCTING AADHAAR LINKED E-KYC CERTIFICATION
i. The Unique Identification Authority of India has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process.
ii. The action follows allegations of Bharti Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their informed consent.

3.      GST COUNCIL CLEARS E-WAY BILL MECHANISM
i. The GST Council has decided to implement the e-way bill mechanism throughout the country by June 1st after reviewing the readiness of the IT network. Under the Goods and Services Tax regime, the waybill is replaced by an e-way bill.
ii. It aims at mitigating the problems caused by waybill compliance. E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN portal. The decision was taken in the 24th meeting of the GST Council via Video-Conferencing.

Tuesday, December 19, 2017

DAILY CURRENT AFFAIRS: 16 DEC 2017

DAILY CURRENT AFFAIRS: 16 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      PM DEDICATES TUIRIAL HYDROPOWER PROJECT TO THE NATION
i. PM Narendra Modi inaugurated the 60-megawatt Tuirial hydroelectric power project from Aizawl, Mizoram. Mizoram had become the 3rd power- surplus state in the north-east after Sikkim and Tripura.
ii. The Tuirial project was announced and cleared in 1998 by the then Atal Bihari Vajpayee government. It was the first major central project to be successfully commissioned in Mizoram. Prime Minister also inaugurated the Shillong - Nongstoin Rongjeng Tura road.

2.      3RD WORLD TELUGU CONFERENCE BEGINS IN HYDERABAD
i. The 3rd World Telugu Conference as begun in Hyderabad amidst much fanfare. The aim of the Conference is to promote Telugu and its literature besides helping the present generation learn more about Telugu language and its rich culture and heritage.
ii. Telangana Government has put in place elaborate arrangements for the 5-day event for which about eight thousand Telugu speaking delegates from 40 countries all over the globe will be taking part. Vice-President M Venkaiah Naidu had formally inaugurated the Conference.

DAILY CURRENT AFFAIRS: 15 DEC 2017

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

1.      4TH INDIA-AUSTRALIA-JAPAN TRILATERAL DIALOGUE HELD IN NEW DELHI
i. Foreign Secretary S. Jaishankar hosted the 4th India-Australia-Japan Trilateral Dialogue with Secretary of Department of Foreign Affairs and Trade of Australia Ms. Frances Adamson and Vice Minister of Foreign Affairs of Japan Mr. Shinsuke J. Sugiyama, in New Delhi.
ii. The three sides highlighted the growing convergence of their respective countries’ interests in the Indo-Pacific region and underscored their shared commitment to peace, democracy, economic growth and a rules-based order in the region.

2.      UNION CABINET CLEARS BILL CRIMINALISING INSTANT TRIPLE TALAQ
i. The Union Cabinet cleared the Muslim Women (Protection of Rights on Marriage) Bill, 2017, or the Triple Talaq bill, which makes the practice a non-bailable offense. The bill proposes a 3-year jail term for men who practice instant Triple Talaq.
ii. Under the draft law, triple talaq in any form - spoken, in writing or by electronic means such as email, SMS, and WhatsApp - would be banned or illegal.

Monday, December 18, 2017

DAILY CURRENT AFFAIRS: 14 DEC 2017

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

1.      NARENDRA MODI INDUCTS SCORPENE-CLASS SUBMARINE KALVARI INTO INDIAN NAVY
i. PM Narendra Modi commissioned India's 1st modern conventional submarine, INS Kalvari, into Navy's fleet in Mumbai, a first in almost two decades. Kalvari is the first of the six Scorpene-class submarines handed over by shipbuilder Mazagon Dock Limited.
ii. The Navy last inducted a conventional diesel-electric submarine, INS Sindhushastra, procured from Russia in July 2000. 1. Dreaded Tiger shark- Kalvari is named after the dreaded tiger shark, a deadly deep sea predator of the Indian Ocean.
2. French naval defense's design- The submarines, designed by French naval defense and energy company DCNS, are being built by Mazagon Dock Limited in Mumbai as part of Project-75 of the Indian Navy.
3. Scorpene class submarine- The Navy is inducting six Scorpene-class submarines on a 3 billion dollar contract. Construction for the first submarine, designated as MDL Yard 11875 commenced in December 2006.

DAILY CURRENT AFFAIRS: 13 DEC 2017

DAILY CURRENT AFFAIRS: 13 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      2ND UNWTO/UNESCO WORLD CONFERENCE ON TOURISM AND CULTURE HELD IN MUSCAT
i. The 2nd UN World Tourism Organization/UNESCO World Conference on Tourism and Culture was held in Muscat, Capital city of Oman.
ii. The Minister of State for Culture (I/C) and Environment, Forest & Climate Change, Dr. Mahesh Sharma led the Indian delegation. The conference was focused on sustainable development, culture and tourism as a factor of peace and prosperity; tourism development and protection of cultural heritage.

DAILY CURRENT AFFAIRS: 12 DEC 2017

DAILY CURRENT AFFAIRS: 12 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      ELECTRONICS AND IT MINISTRY LAUNCHED FIRST NIC-CERT
i. Electronics and Information Technology Minister Ravi Shankar Prasad has launched first NIC-CERT, a setup of National Informatics Centre to prevent and predict cyber attacks on government utilities. It was launched in New Delhi.
ii. NIC-CERT has been set up with the objective of creating a comprehensive framework that integrates world-class security components and inbuilt threat intelligence for detection, prevention and incident response.

Thursday, December 14, 2017

DAILY CURRENT AFFAIRS: 11 DEC 2017

DAILY CURRENT AFFAIRS: 11 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      RUSSIA-INDIA-CHINA FOREIGN MINISTERS MEET BEGINS IN DELHI
i. Foreign Ministers of Russia, India, and China are holding a trilateral meeting in New Delhi. The meeting is expected to review global and regional issues of mutual interest as well as discuss trilateral exchanges and activities.
ii. The External Affairs Minister will have separate bilateral meetings with her Russian and Chinese counterparts. Russian Foreign Minister Sergey Lavrov and Minister of Foreign Affairs of China Wang Yi have arrived in New Delhi.

2.      CHINA STARTS WORLD'S BIGGEST FLOATING SOLAR PROJECT
i. A unit of China Three Gorges Corp. is building a 1 billion yuan ($151 million) floating solar power plant, the world’s biggest, in the nation’s eastern province of Anhui. China Three Gorges New Energy Co. started building the 150-megawatt project in July and part of the plant was connected to the grid.
ii. The project features panels fixed to floats on the surface of a lake that formed after a coal mine collapsed, according to the unit. The entire facility is expected to come online by May 2018.

3.      INDIA INX GETS SEBI GO-AHEAD FOR LISTING OF DEBT SECURITIES
i. BSE's India International Exchange has received approval from the capital market regulator SEBI on the framework for the listing of debt securities.
ii. The move will enable Indian and foreign issuers to issue masala bonds, Eurobonds, and foreign currency bonds from India INX at International Financial Service Centre at Gujarat International Finance Tech for the first time.

4.      UMA SHANKAR APPOINTED RBI EXECUTIVE DIRECTOR
i. Uma Shankar, chief general manager in charge of the Reserve Bank of India's financial inclusion and development department has taken over as executive director in the central bank.
ii. Shankar has been elevated after Meena Hemchandra the executive director in charge of the central bank's supervision department retired recently.

5.      UTTARAKHAND GOVERNMENT MAKES LED BULBS COMPULSORY IN ALL GOVERNMENT OFFICES
i. The state government of Uttarakhand has taken a new initiative for energy conservation by making it compulsory for all government offices to install LED bulbs.
ii. The move is expected to reduce the consumption of electricity in offices and civic areas. All the District Magistrates and Head of Departments have been directed to strictly follow the orders, following sanctions by the state cabinet. The purchase of sodium vapour lamps and incandescent lamps by all the state departments has also been banned.

6.      MARUTI SUZUKI REPLACES SBI AS 6TH MOST VALUABLE INDIAN FIRM
i. India's largest carmaker Maruti Suzuki became India's sixth most valued firm, crossing India's largest lender State Bank of India.
ii. Maruti Suzuki's market capitalization stood at Rs 2.73 trillion, marginally ahead of SBI's market value of Rs 2.70 trillion. Reliance Industries is the country's most valued company with a market value of Rs 5.83 trillion, followed by TCS, HDFC Bank, ITC and Hindustan Unilever.

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