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Thursday, March 16, 2017

DAILY CURRENT AFFAIRS: 12TH MAR 2017

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

1. 2017 ASSEMBLY ELECTION RESULTS OF UTTAR PRADESH, UTTARAKHAND, PUNJAB, GOA AND MANIPUR
i. The Assembly Elections in the 5 states- Uttarakhand, Uttar Pradesh, Goa, Punjab and Manipur were considered the first big test for the BJP after PM Narendra Modi’s demonetisation drive, which wiped out 86% of currency from the nation’s economy.
ii. While the PM Narendra Modi led BJP got a majority win in Uttar Pradesh which is considered as one of India’s most electorally crucial states, and snatched Uttarakhand from Congress, it suffered a loss in Punjab where its alliance with SAD was voted out of power.
iii. Bhartiya Janta Party emerged victorious in state election of Uttar Pradesh.
iv. The BJP performed far better than expected to win 57 of the 70 constituencies in Uttarakhand.
v. Congress’ candidates have won in 77 seats in the 117 member Punjab Assembly to get a majority win.

2. ARUNACHAL PRADESH FINANCE MINISTER PRESENTS RS 285 CR DEFICIT BUDGET FOR 2017-18
i. The Arunachal Pradesh Finance Minister Chowna Mein presented an Rs 285 cr deficit budget for the 2017-18 fiscal in the state Assembly with focus on women empowerment, infrastructure development and law & order.
ii. The budget focuses on infrastructure development particularly road, employment and skill development, health and education sectors, law and order, women empowerment, rural economy.
iii. In the budget estimate of 2017-18, the state is projecting a revenue receipt of Rs 14,599 cr and a capital receipt of Rs 1,436.75 cr. This is an increase of over 15% from the budget estimates of 2016-17.
iv. The share of central taxes has been pegged at Rs 9,306.34 cr. The state’s own tax revenue is projected at Rs 742.94 cr and the non-tax revenue for 2017-18 at Rs 536.29 cr.
v. Arunachal Pradesh has announced to launch E-Office to move towards digitalization.
vi. JanDhan Accounts, Aadhar Card will be linked to provide citizen services, moving towards a cashless and paperless economy.

3. INDIA’S LARGEST FLOATING SOLAR PV PLANT INSTALLED BY NTPC IN KERALA
i. State-run National Thermal Power Corporation Limited has installed India’s largest floating Solar Photovoltaic Plant at Rajiv Gandhi Combined Cycle Power Plant at Kayamkulam in Kerala.
ii. The 100 kWp floating solar generation plant has been indigenously developed as a part of ‘Make in India’ initiative.
iii. The Solar panels are mounted on floating boards that hold them in place. Installing solar panels in water bodies saves land as well as are more efficient than the ones installed on land.
iv. These floating platform were indigenously developed by NTPC Energy Technology Research Alliance, the R&D arm of NTPC in collaboration with Central Institute of Plastic Engineering & Technology, Chennai and a patent has been applied for.
v. The system was installed by Swelect Energy Systems Ltd, Chennai with support from NETRA & NTPC Kayamkulam station in a short span of 22 days.

4. GERMANY’S KFW SIGNED LOAN AGREEMENT WITH EESL AND SBI
i. The German Development Bank and Uttar Pradesh based Energy Efficiency Services Limited has signed a loan agreement for €200 million with a 4 year moratorium and a 12-year repayment period.
ii. This funds will be utilised for the planned expansion across all its portfolios of energy efficient products and services.
iii. Mumbai based State Bank of India also signed an agreement with German KfW Development Bank for USD 274 million loan facility a maturity of 15 years to finance affordable housing segment in India.


5. B.P. KANUNGO APPOINTED RBI DEPUTY GOVERNOR IN PLACE OF R. GANDHI
i. B P Kanungo was appointed as deputy governor of Reserve Bank of India for 3 years. He will replace R Gandhi.
ii. Kanungo’s appointment was approved by the Appointments Committee of Cabinet.
iii. He is currently working as Executive Director of RBI since March 2016.

6. INDIA APPOINTS MANJEEV SINGH PURI AS NEXT ENVOY TO NEPAL
i. Manjeev Singh Puri was appointed as the new Indian envoy to Nepal. He succeeded Ranjit Rae.
ii. Presently Puri is working as the Ambassador of India to Belgium.
iii. He is a member of the IFS since 1982 and also a senior member of India’s Security Council team during 2011-2012
iv. He has served as the Deputy Permanent Representative of India to the United Nations in New York from 2009 to 2013.

7.  NAIDU INAUGURATES INDIA’S LARGEST WASTE-TO-POWER PLANT IN NEW DELHI
i. The North Delhi Municipal Corporation launched India’s largest municipal waste-to-power plant at Narela-Bawana in New Delhi.
ii. The 24 megawatt Narela-Bawana waste-to-energy plant was inaugurated by M Venkaiah Naidu, the Union Urban Development Minister, at the Civic Centre.
iii. The project has been developed on public private partnership model by Ramky Group, a Hyderabad-based waste management company, in collaboration with the North Corporation.

8. INDIA SUCCESSFULLY CONDUCTS MAIDEN TESTS OF EXTENDED VERSION OF BRAHMOS SUPERSONIC CRUISE MISSILE
i. India successfully test-fired an extended range version of supersonic cruise missile BrahMos from a test range off the Odisha coast.
ii. The land attack version of the cruise missile was test fired from a mobile launcher from the Integrated Test Range at Chandipur near Balasore by Defence Research and Development Organisation.
iii. The strike range of the missile has been enhanced from 290 km to 450 km and is capable of carrying a warhead of 300 kg.
iv. The BrahMos missile derives its name from the Brahmaputra and Moskova rivers and was developed by an Indo-Russian joint venture after the 2 countries signed an agreement in February 1998.
v. The missiles can be fired on 3 different targets simultaneously. The land-based version is also equipped with an inertial navigation system and global positioning system.

9. 127TH FOUNDATION DAY OF NATIONAL ARCHIVES OF INDIA OBSERVED
i. The National Archives of India celebrated its 127th Foundation Day on March 11 at Janpath, New Delhi
ii. Vindhyasharan Shukla presented patriotic poems in folk Alha format at the end of function.
iii. National Archives of India is an Attached Office under the Ministry of Culture and established on 11 March 1891 at Calcutta.

OBJECTIVE QUESTION BASED ON TODAY’S NEWS

Q1. THE NATIONAL ARCHIVES OF INDIA CELEBRATED ITS ______ FOUNDATION DAY ON MARCH 11, 2017 IN NEW DELHI.
a)  125
b)  130
c)  127
d)  111
Q2. THE ARUNACHAL PRADESH FINANCE MINISTER PRESENTED RS. _____ CR DEFICIT BUDGET ESTIMATE FOR THE FISCAL 2017-18.
a)  Rs. 210 crore
b)  Rs. 320 crore
c)  Rs. 275 crore
d)  Rs. 285 crore
Q3. THE BHARTIYA JANTA PARTY WON THE 2017 ASSEMBLY ELECTION WITH MAJORITY WIN IN WHICH STATES?
a)   Uttarakhand & Goa
b)  Uttar Pradesh & Uttarakhand
c)  Punjab & Uttar Pradesh
d)  Uttar Pradesh & Manipur
Q4. INDIA’S LARGEST FLOATING SOLAR PHOTOVOLTAIC PLANT HAS BEEN INSTALLED IN WHICH STATE?
a)  Kerala
b)  Andhra Pradesh
c)  Karnataka
d)  Tamil Nadu
Q5. WHO HAS BEEN APPOINTED AS THE NEW DEPUTY GOVERNOR OF THE RESERVE BANK OF INDIA TO TAKE CHARGE ON OR AFTER APRIL 3?
a)  Neeraj Nigam
b)  B M Mishra
c)  Sadhna Verma
d)  B P Kanungo

ANSWERS:

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

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