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Monday, February 13, 2017

DAILY CURRENT AFFAIRS: 12TH FEB 2017

DAILY CURRENT AFFAIRS: 12TH FEB 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. CENTRE SETS UP INTER-DEPARTMENTAL TASK FORCE TO CRACK DOWN BENAMI FIRMS
i. In an effort to pull out black money from shell companies, PM Narendra Modi has constituted a task force comprising members of various regulatory Ministries and enforcement agencies.
ii. The task force would work under the co-chairmanship of the Corporate Affairs Secretary Tapan Ray and Revenue Secretary Hasmukh Adhia to monitor the actions taken by various agencies.
iii. The task force would review the functioning of shell companies to prevent their misuse for money laundering and tax-evasion.
iv. The agencies involved in the task force would invoke the stringent Benami Transactions (Prohibition) Amendment Act against the shell companies and further freeze their accounts and strike off the names of dormant companies.
v. Disciplinary action will also be taken against professionals supporting the shell companies and entry operators who are used to launder unaccounted-for incomes into the banking system for projecting them as white money.

2. 2ND EDITION OF “HUNAR HAAT” INAUGURATED IN NEW DELHI
i. Union Minister of State for Minority Affairs (I/C) and Parliamentary Affairs Shri Mukhtar Abbas Naqvi was inaugurated the 2nd edition of the Hunar Haat at State Emporia Complex, Baba Kharak Singh Marg, Connaught Place in New Delhi.
ii. The theme of the 2nd Hunar Haat was Craft Aur Cuisine Ka Sangam. The festival will take place from February 11-February 26.
iii. The exhibition is being organized by the Minority Affairs Ministry through National Minorities Development & Finance Corporation under Upgrading the Skills & Training in Traditional Arts/Crafts for Development scheme.
iv. The exhibition would provide national and international market access to the artisans and craftsmen of Minority communities from across the country to encourage and promote them.

4. MULTINATIONAL NAVAL DRILL AMAN-17 BEGINS IN KARACHI
i. The 5 days multinational Aman-17 naval exercise kicked off in Karachi where 37 countries took part.
ii. The objective of this multi-national exercise is to display united resolve of the countries against terrorism and crimes in maritime domain. The exercise will also help in enhancing Pakistan Navy’s interoperability with regional and extra-regional navies.
iii. This year theme was “Together for peace”.  Aman-17 was inaugurated by Commander of the Pakistani naval fleet Vice Admiral Arifullah Hussaini.
iv .Out of 37 countries participating in ‘Aman 17’, 9 countries are participating with naval assets including Australia, China, Indonesia, Turkey, Sri Lanka, UK, USA, Japan and Russia.Aman 17
v. The Aman-17 is the 5th such exercise hosted by Pakistan every alternate year since 2007.

5. POST DEMONETIZATION INDUSTRIAL PRODUCTION CONTRACTS 0.4% IN DECEMBER
i. As per the data released by the CSO, the India’s Industrial Output contracted by 0.4 % in December 2016 as compared to previous year due to demonetization.
ii. In November 2016, the index of industrial production grew 5.7% recording a 13-month high growth as against a contraction of 1.8% in the previous month.
iii. The data showed that mining and electricity output grew 5.2% and 6.3% respectively in December 2016 as compared to 4% and 9% respectively in the previous month while manufacturing contracted by 2% in December as compared to 5.5% in November.


6. AJAY TYAGI TO SUCCEED UK SINHA AS SEBI CHAIRMAN
i. According to a government notification, senior IAS officer Ajay Tyagi has been selected to take over as the next Chairman of Securities and Exchange Board of India. He will replace incumbent Chief UK Sinha.
ii. Tyagi, a 1984-batch IAS officer of the HP cadre is currently serving as an additional secretary in the Department of Economic Affairs in the Ministry of Finance and served as a Joint Secretary in Ministry of Environment, Forest and Climate Change before joining Finance Ministry.

7. SUBIR DUTTA: AMBASSADOR OF INDIA TO THE REPUBLIC OF MADAGASCAR
i. Subir Dutta has appointed as the next Ambassador of India to the Republic of Madagascar.
ii. Subir Dutta is currenty working in the Embassy of India, Vientiane.

8. HOME GROWN INTERCEPTOR MISSILE SUCCESSFULLY TEST-FIRED BY INDIA IN ODISHA COAST
i. India successfully test-fired its Advanced Air Defence interceptor missile from launching complex-IV of Dhamara Abdul Kalam defence base off Odisha coast under its Ballistic Missile Defence Programme.
ii. The successful testing leads India towards achieving a robust 2 layered Ballistic Missile Defence  system.
iii. The AAD interceptor named as Ashwin has the capability to destroy the incoming enemy missile in the endo-atmospheric region at a low altitude of less than 30 kms.
iv. The AAD interceptor is a 7.5-metre-long single stage solid rocket propelled guided missile equipped with a navigation system and a high tech computer and electro-mechanical activator totally under command by the data uplinked from the ground-based radar.

9. INTERNATIONAL DAY OF WOMEN AND GIRLS IN SCIENCE: FEBRUARY 11
i. The International Day of Women and Girls in Science was observed on February 11 to recognize the achievements of women in science and inspire and engage women and girls in science.
ii. “Gender, Science and Sustainable Development: The Impact of Media” was the theme of 2017 IDWGS.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHO HAS BEEN NAMED AS THE NEXT CHAIRMAN OF SECURITY EXCHANGE BOARD OF INDIA TO SUCCEED UK SINHA?
a)  Vikram Limaye
b)  Vinod Singh
c)  Ajay Tyagi
d)  Sanjeev Sanyal
Q2. WHEN IS THE INTERNATIONAL DAY OF WOMEN AND GIRLS IN SCIENCE OBSERVED?
a)  February 9
b)  February 12
c)  February 10
d)  February 11
Q3. WHO HAS BEEN RECENTLY APPOINTED AS THE AMBASSADOR OF INDIA TO THE REPUBLIC OF MADAGASCAR?
a)  Nandita Parvathaneni
b)  Subir Dutta
c)  Naveen Srivastava
d)  P. Harish
Q4. THE 5 DAYS MULTINATIONAL AMAN-17 NAVAL EXERCISE IS BEING HELD IN WHICH COUNTRY FOR JOINT RESOLVE AGAINST TERRORISM AND CRIMES IN MARITIME DOMAIN?
a)  Pakistan
b)  United States
c)  Sri Lanka
d)  Australia
Q5. THE 2017 HUNAR HAAT HAS BEEN ORGANIZED IN WHICH CITY?
a)  Bangalore
b)  Mumbai
c)  New Delhi
d)  Pune

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


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