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Saturday, January 21, 2017

DAILY CURRENT AFFAIRS: 21TH JAN 2017

DAILY CURRENT AFFAIRS: 21TH JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. PM MODI INAUGURATES SECOND RAISINA DIALOGUE IN NEW DELHI
i. PM Shri Narendra Modi inaugurated the 2nd  edition of Raisina Dialogue in New Delhi. The conference has been organized by Delhi based prestigious think tank Observer Research Foundation and the Ministry of External Affairs.
ii. The theme of the 3 day conference is “The New Normal: Multilateralism in a multipolar world”.
iii. Prime Minister Modi highlighted that India’s economic development is deeply impacted by the developments in the world and vice-versa. World needs India’s sustained rise as much as India needs world’s rise.

2. 58TH INDIA INTERNATIONAL GARMENT FAIR BEGINS IN NEW DELHI
i. The 58th edition of India International Garment Fair was inaugurated by the Union Textiles Minister Smriti Zubin Irani in New Delhi.
ii. The three day long fair has been organized by Apparel Export Promotion Council India.
iii. The event is Asia’s largest apparel Fair providing a platform for the overseas buyers to source garments products and develop business relationships with India in the apparel and fashion accessories sector.

3. 10TH JAIPUR LITERATURE FESTIVAL BEGINS IN JAIPUR
i. The 10th edition of the Jaipur Literature Festival was inaugurated at the historic Diggi Palace, Jaipur, Rajasthan jointly by CM Vasundhara Raje, American poet Anne Waldman, veteran lyricist Gulzar and spiritual writer Sadhguru Jaggi Vasudev.
ii. The theme of the 10th edition of Jaipur Literature Festival is the “Freedom to Dream: India at 70”.
iii. The 5 day event would see the participation by over 250 authors, politicians, thinkers, popular culture icons, connoisseurs, speakers, book lovers among others.

4. ENTREPRENEURSHIP DEVELOPMENT SCHEME INAUGURATED IN MIZORAM
i. The Entrepreneurship Development Scheme was launched under the New Economic Development Policy by Lalmalsawma, Mizoram Chief Secretary in Mizoram.
ii. The State government has allocated Rs.2 Crore for New Economic Development Policy.
iii. EDS would be instrumental in the state government’s efforts to achieve market economy from subsistence economy.

5. INDIAN RAILWAYS LAUNCHES ‘MISSION 41K’ TO SAVE ENERGY WORTH RS 41,000 CRORE
i. The Union Railway Minister Suresh Prabhu launched ‘Mission 41K’ to revamp the existing railway system.
ii. The mission’s main aim is to save the Indian Railways’ expenditure of Rs 41,000 crore on energy consumption over the next 10 years.
iii. To achieve the target, the railway has planned a series of measures that includes: switching over 90% of traffic to electric traction from diesel, procure electricity at cheaper rates through open market instead of sourcing it through DISCOMs.

6. GOVT. SIGNS MOU TO SET UP 1,000 ‘JANAUSHADHI KENDRAS’
i. The Bureau of Pharma PSUs of India has signed Memorandum of Understanding  with the National Yuva Cooperative Society to set up 1,000 ‘Janaushadhi Kendras‘ under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana scheme.
ii. Its main objective is to provide medicines at an affordable price.
iii. The central government has targeted to open 3,000 such centers across India by the end of this fiscal year.

7. CBDT CLARIFIES NO TDS OR ADVANCE TAX CREDIT FOR INCOME UNDER PMGKY
i. The Central Board of Direct Taxes has cleared that income declared under Pradhan Mantri Garib Kalyan Yojna would not be entitled to get any credit by way of advance tax paid or the tax deducted at source or tax collected at source.
ii. This is in contrast to the earlier Income Declaration Scheme under which these credits were allowed.
iii. PMGKY was set up to give an opportunity to those who deposited tax-evaded money in bank-demonetized currencies.
iv. Under this scheme, a person declaring undisclosed income would need to pay a tax of 30%, in addition to a penalty of 10% and a Pradhan Mantri Garib Kalyan cess of 33% on the tax.

8. WORLD BANK SANCTIONS RS 1,376 CR FOR TRIPURA POWER UPGRADATION
i. World Bank has sanctioned Rs 1,376 crore for upgradations and improvement of the Tripura power system network.
ii. A large number of 132 KV and 33 KV substations will be constructed and upgraded under this project across Tripura.
iii. The Power Upgradation project is divided into 5 phases. SPML Infra Ltd has got the contract of the first phase with the budget of Rs 461 crore.

9. PRIYANKA CHOPRA WINS HER 2ND PEOPLE’S CHOICE AWARD FOR TV SERIES QUANTICO
i. The Bollywood Actress Priyanka Chopra won her 2nd People’s Choice Award for Favourite Dramatic TV Actress at the Microsoft Theater in Los Angeles, California.
ii. Priyanka won for her role as CIA agent Alex Parrish in the ABC thriller TV series Quantico.
iii. Priyanka defeated her ABC counterparts Ellen Pompeo, Taraji P. Henson, Kerry Washington and Viola Davis to win the Favourite Dramatic TV Actress award.


OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH INDIAN ACTRESS HAS WON THE FAVOURITE DRAMATIC TV ACTRESS AWARD IN THE PEOPLE’S CHOICE AWARD 2017?
a)  Shabana Azmi
b)  Deepika Padukone
c)  Aishwarya Rai
d)  Priyanka Chopra
Q2. WHAT WAS THE THEME OF THE 2017 RAISINA DIALOGUE HELD IN NEW DELHI?
a)  Come Together for Economic & Social Development
b)  The New Normal: Multilateralism in a Multipolar World
c)  Connecting Asia Through World
d)  Asia: Regional and Global Connectivity
Q3. IN WHICH CITY WAS THE THREE DAY LONG 58TH INDIA INTERNATIONAL GARMENT FAIR 2017 ORGANIZED?
a)  Gandhinagar
b)  Karnal
c)  New Delhi
d)  Pune
Q4. WHICH STATE HAS LAUNCHED THE ENTREPRENEURSHIP DEVELOPMENT SCHEME UNDER THE NEW ECONOMIC DEVELOPMENT POLICY?
a)  Mizoram
b)  Haryana
c)  Uttar Pradesh
d)  Maharashtra
Q5. WHAT IS THE THEME OF THE 5-DAY-LONG 10TH JAIPUR LITERATURE FESTIVAL THAT WAS INAUGURATED?
a)  Total Recall: The End of Privacy
b)  Oral tradition, in India and elsewhere
c)  Freedom to Dream: India at 70
d)  Stay Connected with Us

ANSWER

1 - D    2 - B    3 - C    4 - A    5 - CDAILY CURRENT AFFAIRS: 21TH JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. PM MODI INAUGURATES SECOND RAISINA DIALOGUE IN NEW DELHI
i. PM Shri Narendra Modi inaugurated the 2nd  edition of Raisina Dialogue in New Delhi. The conference has been organized by Delhi based prestigious think tank Observer Research Foundation and the Ministry of External Affairs.
ii. The theme of the 3 day conference is “The New Normal: Multilateralism in a multipolar world”.
iii. Prime Minister Modi highlighted that India’s economic development is deeply impacted by the developments in the world and vice-versa. World needs India’s sustained rise as much as India needs world’s rise.

2. 58TH INDIA INTERNATIONAL GARMENT FAIR BEGINS IN NEW DELHI
i. The 58th edition of India International Garment Fair was inaugurated by the Union Textiles Minister Smriti Zubin Irani in New Delhi.
ii. The three day long fair has been organized by Apparel Export Promotion Council India.
iii. The event is Asia’s largest apparel Fair providing a platform for the overseas buyers to source garments products and develop business relationships with India in the apparel and fashion accessories sector.

3. 10TH JAIPUR LITERATURE FESTIVAL BEGINS IN JAIPUR
i. The 10th edition of the Jaipur Literature Festival was inaugurated at the historic Diggi Palace, Jaipur, Rajasthan jointly by CM Vasundhara Raje, American poet Anne Waldman, veteran lyricist Gulzar and spiritual writer Sadhguru Jaggi Vasudev.
ii. The theme of the 10th edition of Jaipur Literature Festival is the “Freedom to Dream: India at 70”.
iii. The 5 day event would see the participation by over 250 authors, politicians, thinkers, popular culture icons, connoisseurs, speakers, book lovers among others.

4. ENTREPRENEURSHIP DEVELOPMENT SCHEME INAUGURATED IN MIZORAM
i. The Entrepreneurship Development Scheme was launched under the New Economic Development Policy by Lalmalsawma, Mizoram Chief Secretary in Mizoram.
ii. The State government has allocated Rs.2 Crore for New Economic Development Policy.
iii. EDS would be instrumental in the state government’s efforts to achieve market economy from subsistence economy.


5. INDIAN RAILWAYS LAUNCHES ‘MISSION 41K’ TO SAVE ENERGY WORTH RS 41,000 CRORE
i. The Union Railway Minister Suresh Prabhu launched ‘Mission 41K’ to revamp the existing railway system.
ii. The mission’s main aim is to save the Indian Railways’ expenditure of Rs 41,000 crore on energy consumption over the next 10 years.
iii. To achieve the target, the railway has planned a series of measures that includes: switching over 90% of traffic to electric traction from diesel, procure electricity at cheaper rates through open market instead of sourcing it through DISCOMs.

6. GOVT. SIGNS MOU TO SET UP 1,000 ‘JANAUSHADHI KENDRAS’
i. The Bureau of Pharma PSUs of India has signed Memorandum of Understanding  with the National Yuva Cooperative Society to set up 1,000 ‘Janaushadhi Kendras‘ under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana scheme.
ii. Its main objective is to provide medicines at an affordable price.
iii. The central government has targeted to open 3,000 such centers across India by the end of this fiscal year.

7. CBDT CLARIFIES NO TDS OR ADVANCE TAX CREDIT FOR INCOME UNDER PMGKY
i. The Central Board of Direct Taxes has cleared that income declared under Pradhan Mantri Garib Kalyan Yojna would not be entitled to get any credit by way of advance tax paid or the tax deducted at source or tax collected at source.
ii. This is in contrast to the earlier Income Declaration Scheme under which these credits were allowed.
iii. PMGKY was set up to give an opportunity to those who deposited tax-evaded money in bank-demonetized currencies.
iv. Under this scheme, a person declaring undisclosed income would need to pay a tax of 30%, in addition to a penalty of 10% and a Pradhan Mantri Garib Kalyan cess of 33% on the tax.

8. WORLD BANK SANCTIONS RS 1,376 CR FOR TRIPURA POWER UPGRADATION
i. World Bank has sanctioned Rs 1,376 crore for upgradations and improvement of the Tripura power system network.
ii. A large number of 132 KV and 33 KV substations will be constructed and upgraded under this project across Tripura.
iii. The Power Upgradation project is divided into 5 phases. SPML Infra Ltd has got the contract of the first phase with the budget of Rs 461 crore.

9. PRIYANKA CHOPRA WINS HER 2ND PEOPLE’S CHOICE AWARD FOR TV SERIES QUANTICO
i. The Bollywood Actress Priyanka Chopra won her 2nd People’s Choice Award for Favourite Dramatic TV Actress at the Microsoft Theater in Los Angeles, California.
ii. Priyanka won for her role as CIA agent Alex Parrish in the ABC thriller TV series Quantico.
iii. Priyanka defeated her ABC counterparts Ellen Pompeo, Taraji P. Henson, Kerry Washington and Viola Davis to win the Favourite Dramatic TV Actress award.


OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH INDIAN ACTRESS HAS WON THE FAVOURITE DRAMATIC TV ACTRESS AWARD IN THE PEOPLE’S CHOICE AWARD 2017?
a)  Shabana Azmi
b)  Deepika Padukone
c)  Aishwarya Rai
d)  Priyanka Chopra
Q2. WHAT WAS THE THEME OF THE 2017 RAISINA DIALOGUE HELD IN NEW DELHI?
a)  Come Together for Economic & Social Development
b)  The New Normal: Multilateralism in a Multipolar World
c)  Connecting Asia Through World
d)  Asia: Regional and Global Connectivity
Q3. IN WHICH CITY WAS THE THREE DAY LONG 58TH INDIA INTERNATIONAL GARMENT FAIR 2017 ORGANIZED?
a)  Gandhinagar
b)  Karnal
c)  New Delhi
d)  Pune
Q4. WHICH STATE HAS LAUNCHED THE ENTREPRENEURSHIP DEVELOPMENT SCHEME UNDER THE NEW ECONOMIC DEVELOPMENT POLICY?
a)  Mizoram
b)  Haryana
c)  Uttar Pradesh
d)  Maharashtra
Q5. WHAT IS THE THEME OF THE 5-DAY-LONG 10TH JAIPUR LITERATURE FESTIVAL THAT WAS INAUGURATED?
a)  Total Recall: The End of Privacy
b)  Oral tradition, in India and elsewhere
c)  Freedom to Dream: India at 70
d)  Stay Connected with Us

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

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