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Wednesday, January 4, 2017

DAILY CURRENT AFFAIRS: 4TH JAN 2017

DAILY CURRENT AFFAIRS: 4TH JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. BHIM BECOMES MOST POPULAR ANDROID APP IN INDIA
i. Govt's online payments app, BHIM that was launched by PM Modi to simplify digital payments is now the number one free app on Google Play Store.
ii. BHIM - which stands for Bharat Interface for Money - is named after Dr BR Ambedkar.

2. INDIA RANKS 3RD AMONG COUNTRIES OFFERING HIGHEST SALARIES TO EXPATS
i. India has ranked 3rd among the countries offering the highest average annual salary to expatriates.
ii. Switzerland topped the list to offer highest average salary of about $188,275 a year to expats that was almost twice the global average, while Hong Kong was listed third.

3. PM MODI INAUGURATES INDIAN SCIENCE CONGRESS AT TIRUPATI
i. Prime Minister Narendra Modi has inaugurated the 104th  Indian Science Congress at the Sri Venkateswara University in Tirupati.
ii. ‘Science and Technology for National Development’ would be the theme of the Indian Science Congress.
iii. The basic aim of the 104th Congress was to focus on strengthening the scientific research in the country to make India among top three countries in the world in the field of Science and Technology by 2030.

4. BANKS CUT LENDING RATES: CORPORATE, HOME LOANS TO BE CHEAPER
i. A day after PM Narendra Modi announced an interest subvention for home loans of up to Rs. 12 lakh and asked banks to keep the poor and middle class at the focus of their activities many PSUs and private banks reduced their benchmark lending rate by up to 1.48 percent.
 ii. State Bank of India, other lenders including state-owned Oriental Bank of Commerce and largest private sector lender ICICI Bank and Andhra Bank announced a cut in the marginal cost of funds based lending rate following demonetisation.
iii. SBI along with PNB and Union Bank of India, yesterday reduced the lending rate by a good 0.9%.
iv. The reduction in lending rates may lead to an increase in credit taking frequency which has moderated substantially putting burden on balance sheet of banks.
v. The Union Government has kept interest rates on Small Savings Schemes like PPF and Sukanya Samriddhi Account, Kisan Vikas Patra, and Senior Citizens Savings Scheme unchanged for the January-March quarter.


5. MAHARASHTRA GOVERNMENT TO ORGANISE DIGI DHAN MELA IN MUMBAI
i. Maharashtra government will organise a Digi Dhan Mela under the aegis of central government’s Lucky Grahak Yojana for Consumers and Digi-Dhan Vyapar Yojana for traders, in Mumbai.
ii. The day-long event aims to promote digital payment methods and inculcate a digital payment habit among all citizens.

6. AMAZON WINS PATENT FOR FLYING WAREHOUSE TO DELIVER PARCELS VIA DRONES
i. The U.S. e-commerce giant, Amazon has been awarded a patent for launching a giant flying warehouse that would act as a launch pad for drones to deliver items within minutes.
ii. Amazon described plans for an "airborne fulfilment centre" such as an airship or blimp that would float at an altitude of around 45,000.
iii. The airship will be stocked with lots of products

7. CHINA’S GRAND SLAM CHAMPION LI XIAOXIA ANNOUNCES RETIREMENT
i. China’s table tennis Grand Slam Champion Li Xiaoxia announced her retirement.
ii. She is the 8th  table tennis Grand Slam winner in history with singles crowns from the 2008 World Cup, 2012 Olympics and 2013 world championships.
iii. She helped China to win gold medal in doubles at the Rio Olympic Games.

8. KARNATAKA MINISTER H S MAHADEVA PRASAD DIES
i. Karnataka minister for co-operation and sugar H S Mahadeva Prasad passed away due to cardiac arrest.
ii. H S Shetti Mahadeva Prasad was the Minister for Co-operation and Sugar in Government of Karnataka.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. TABLE TENNIS OLYMPIC CHAMPION LI XIAOXIA, WHO HAS ANNOUNCED HER RETIREMENT BELONGS TO WHICH COUNTRY?
a)  Japan
b)  Thailand
c)  China
d)  South Korea
Q2. WHICH COUNTRY HAS RANKED HIGHEST IN THE WORLD AMONG THE COUNTRIES OFFERING THE HIGHEST AVERAGE ANNUAL SALARY TO EXPATRIATES?
a)  Norway
b)  France
c)  USA
d)  Switzerland
Q3. NAME THE CITY IN WHICH PM NARENDRA MODI HAS INAUGURATED THE FIVE-DAY ANNUAL INDIAN SCIENCE CONGRESS?
a)  Allahabad, Uttar Pradesh
b)  Patna, Bihar
c)  Tirupati, Andhra Pradesh
d)  Kochi, Kerala
Q4. WHICH E-COMMERCE COMPANY HAS BEEN AWARDED A PATENT FOR LAUNCHING A GIANT FLYING WAREHOUSE THAT WOULD ACT AS A LAUNCH PAD FOR DRONES TO DELIVER ITEMS WITHIN MINUTES?
a)  Amazon
b)  MobiKwik
c)  Flipkart
d)  Paytm
Q5. WHICH OF THE FOLLOWING MINISTER OF KARNATAKA FOR COOPERATION AND SUGAR, HAS BEEN PASSED AWAY RECENTLY DUE TO CARDIAC ARREST?
a)  Vera Rubin
b)  H S Mahadeva Prasad
c)  Sunderlal Patwa
d)  Ratnasiri Wickremanayake

ANSWER: 

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

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