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Monday, January 16, 2017

DAILY CURRENT AFFAIRS: 14TH JAN 2017

DAILY CURRENT AFFAIRS: 14TH JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. MINISTER OF STATE ANNOUNCES RS. 9000 MINIMUM PENSION FOR CENTRAL GOVT. EMPLOYEES
i. The Union Minister of state for Personnel, Public Grievances and Pensions, Jitendra Singh in New Delhi informed that the minimum pension for central government employees has been increased to Rs. 9,000 per person.
ii. He also stated that ex-gratia amount has been increased from Rs. 10-15 lakh to Rs. 25-35 lakh.
iii. There are about 50-55 lakh pensioners in the country and almost 88% of their accounts have been seeded to Aadhaar.

2. GLOBAL UNEMPLOYMENT TO RISE BY 3.4 MILLION IN 2017: ILO
i. According to the ILO report, Global unemployment is expected to rise by 3.4 million in 2017 and also economic growth at 3.4 per cent this year and 3.6 per cent in 2018
ii. Economic growth trends lagging behind employment needs and predicts both rising unemployment and worsening social inequality throughout 2017
iii. South Asia and sub-Saharan Africa are most affected by vulnerable employment while in India, majority of new employment was created in 2016.

3. INDUSTRIAL PRODUCTION GROWS 5.7% IN NOVEMBER 2016
i. According to the latest factory output and inflation data Index of Industrial Production released by the statistics office showed industrial production at a one-year high of 5.7% in November 2016.
ii. Consumer inflation fell in December 2016 to 3.41% and CPI inflation was marginally higher at 3.63% in November 2016.
iii. Manufacturing PMI for December 2016 had shown an Industrial production grows 5.7% in November 2016.


4. TCS APPOINTED RAJESH GOPINATHAN AS NEW CHIEF EXECUTIVE OFFICER
i. Tata Consultancy Services has appointed Rajesh Gopinathan as CEO of the company. 
ii. He has replaced N Chandrasekaran, who has been named the chairperson of Tata Sons.
ii. TCS also appointed NG Subramaniam as Chief Operating Officer.

5. NTPC INKS PACT TO TAKEOVER RAJASTHAN’S CHHABRA THERMAL POWER PLANT
i. NTPC Ltd signed a non-binding Memorandum of Understanding with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd to takeover of Chhabra Thermal Power Plant.
ii. As per the Memorandum of Understanding NTPC would take four operational units of 250-MW capacity each and two other under-construction units of 660 MW capacity each at Chhabara Thermal Power Plant.

6. MAHINDRA ASSET MANAGEMENT LAUNCHED MAHINDRA MUTUAL FUND DHAN SANCHAY YOJNA SCHEME
i. Mahindra Asset Management Company Pvt. Ltd launched an open-ended scheme Mahindra Mutual Fund Dhan Sanchay Yojna scheme to generate long-term returns through investment in equity and debt.
ii. The scheme is for investors who seek to take a calculated exposure in both equity and debt with a long-term investment outlook

7. JAPANESE PM SHINZO ABE SIGNS 1 TRILLION YEN AID PACKAGE TO THE PHILIPPINES
i. Japanese PM Shinzo Abe has signed a 1-trillion yen aid package over the next five years to the Philippines to improve economic and political relations between the two island nations.
iii. Abe's two-day visit to the archipelago makes him the first foreign leader to visit since the election of the Philippines' President Rodrigo Duterte.

8. INTERNATIONAL CONFERENCE ON DISABILITY COMMUNICATION HELD IN MUMBAI
i. The 3 day international conference on Disability Communication 2017 held at Rambhau Mhalgi Prabodhini in Mumbai, Maharashtra with curriculum outline of disability communication for the University of Mumbai
ii. Its main aim is to build a foundation for the master’s degree in Disability communication and the main area of interest is accessibility for those who want to deal with disability communication and explore in this field.

9. AIRTEL’S PAYMENTS BANK STARTS OPERATION WITH INITIAL INVESTMENT OF RS. 3000
i. Airtel Payments Bank started its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 % for savings accounts.
ii. This is the first payments bank which will be opened across 29 states in India to provide financial services to the millions who are outside the banking system.
iii. Customers will be able to operate their accounts with the help of a mobile application, and withdraw and deposit money at authorised retail outlets.

10. GUIDED PINAKA ROCKET SUCCESSFULLY TEST-FIRED BY INDIA
i. India successfully test-fired the Guided Pinaka Rocket from Launch Complex-III of the Integrated Test Range launch pad at Chandipur off coast Odisha.
ii. The Guided Pinaka is developed jointly by Armament Research & Development Establishment, Research Centre Imarat and Defence Research and Development Laboratory.
v. The rocket was fired from a Multi-Barrel Rocket Launcher. The rocket launcher can fire 12 rockets with 1.2 tonne of high explosives within 44 seconds and destroy a target area of 4 sq km at a time.



OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. IN WHICH CITY WAS THE INTERNATIONAL CONFERENCE ON DISABILITY COMMUNICATION HELD?
a)  Mumbai
b)  New Delhi
c)  Indore
d)  Chennai
Q2. THE UNION GOVERNMENT HAS ANNOUNCED TO INCREASE THE MINIMUM PENSION FOR THE CENTRAL GOVERNMENT EMPLOYEES TO RS.________ PER PERSON.
a)  Rs. 9500
b)  Rs. 7000
c)  Rs. 10,500
d)  Rs. 9000
Q3. WITH WHICH COUNTRY JAPAN HAS SIGNED AN AGREEMENT ON JANUARY 13, 2017 TO PROVIDE AN AID PACKAGE OF 1 TRILLION YEN FOR THE NEXT FIVE YEARS TO STRENGTHEN THE BILATERAL RELATION?
a)  Cambodia
b)   Vietnam
c)  Philippines
d)  Malaysia
Q4. WHICH GUIDED ROCKET SYSTEM WAS SUCCESSFULLY TEST-FIRED BY INDIA OFF ODISHA COAST?
a)  Pinaka I
b)  Pinaka II
c)  Dhruv II
d)  Shiva I
Q5. WHO HAS BEEN APPOINTED AS THE CHIEF EXECUTIVE OFFICER OF TATA CONSULTANCY SERVICES?
a)  Binny Bansal
b)  Kunal Shah
c)  Vijay Shekhar Sharma
d)  Rajesh Gopinathan

ANSWER:

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

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