DAILY CURRENT AFFAIRS: 14TH MAR 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
1. TELANGANA FINANCE MINISTER PRESENTS REVENUE SURPLUS BUDGET ESTIMATE 2017-18
i. The Telangana State Finance Minister Etala Rajender presented the budget estimate of Rs. 1,49,646-cr for 2017-18 in the state assembly.
ii. The Rs 4,471.30 cr revenue surplus budget mainly focuses on the development and welfare measures.
iii. The 2017-18 budget is Rs 15 lakh cr more when compared to Rs 130 lakh cr in the 2016-17 Budget.
iv. The Gross State Domestic Product growth at constant prices in 2016-17 is likely to be 10.1% as against expected national GDP growth of 7.1%.
v. Committed expenditure in 2017-18 has been pegged at Rs 61,607.20 cr while the Revenue Expenditure at Rs 50,954.61 cr.
2. RBI REMOVES LIMIT ON CASH WITHDRAWAL FROM SAVINGS BANKS ACCOUNTS
i. In order to comply with the pace of demonetization, the Reserve Bank of India has decided to remove the restrictions on cash withdrawals from Saving Bank accounts (including accounts opened under PMJDY) in a 2 step process.
ii. Effective from February 20, 2017, the limits on cash withdrawals from the Savings Bank accounts was enhanced to Rs. 50,000 per week from the current limit of Rs. 24,000 per week.
iii. Effective from March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts.
iv. On January 30, the RBI had ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts.
3. HSBC APPOINTS MARK TUCKER AS ITS NEW CHAIRMAN
i. Europe’s biggest bank HSBC Holdings Plc. has appointed Mark Tucker as its Chairman.
ii. AIA Group Ltd Chief Executive, Mark Tucker will take over on October 1, succeeding Douglas Flint who has been in the role since 2010.
iii. Mr Tucker has been chief executive of AIA for 7 years. Prior to this, he was the chief executive of insurance giant Prudential, AIA Group Ltd.
4. FINANCE MINISTER ARUN JAITLEY ASSUMES ADDITIONAL CHARGE OF DEFENCE
i. The Union Finance minister Arun Jaitley was given the additional charge of the Defence Ministry after Manohar Parrikar resigned to take on the new role of Goa Chief Minister.
ii. Upon the advice of PM Narendra Modi, the President Pranab Mukherjee directed that Arun Jaitely shall be assigned the charge of the ministry of defence, in addition to his existing portfolios.
iii. This is the 2nd time that Jaitley is holding the additional portfolio of Defence Ministry during the present NDA government.
5. ONEPLUS INDIA ROPES AMITABH BACHCHAN AS ITS NEW BRAND AMBASSADOR
i. Chinese smartphone company OnePlus has roped in Bollywood star Amitabh Bachchan as its new brand ambassador for India.
ii. Mr Bachchan is the 1st major face that OnePlus India is associating with for its latest flagship smartphone, OnePlus 3T.
iii. According to the OnePlus team, Bachchan better represents ‘OnePlus’ motto ‘Never Settle’.
6. SSP CHAWRASIA BECOMES 2ND INDIAN GOLFER TO DEFEND INDIAN OPEN TITLE
i. SSP Chawrasia became the only Indian Golfer to retain his Hero Indian Open title for the 2nd year in a row with a remarkable 7-stroke win in New Delhi.
ii. The Hero Indian Open held at the redesigned DLF Golf and Country Club carries an enhanced prize purse of USD 291,660.
iii. This was his 6th win on the Asian Tour and overall 6th international victory.
7. PUNJAB DEFEATS RAILWAYS TO WIN SANTOSH TROPHY
i. Punjab defeated Railways by a 2-1 in a Group B final round league match of the 71st Santosh Trophy football tournament in Goa.
ii. Railways who failed to make constructive moves in the 1st half came with occasional foray in the 2nd half and restored parity in the 59th minute.
iii. However, Rajbir scored his 2nd goal making a great win for the team
8. NOTED FILM DIRECTOR DIPHAN DIED
i. Well known Malayalam film director Diphan passed away in Kochi after suffering from liver ailment.
ii. Diphan has directed 7 films including Puthiyamukham, Hero and Leader, D Company, Dolphins and SIM.
iii .His latest film, Sathya, featuring Jayaram and Roma in the lead role, is yet to be released.
OBJECTIVE QUESTION BASED ON TODAY’S NEWS
Q1. THE TELANGANA GOVERNMENT PRESENTED RS ____ CR BUDGET ESTIMATE FOR THE YEAR 2017-18.
a) Rs. 1,49,646 cr
b) Rs. 120,395 cr
c) Rs. 170,521 cr
d) Rs. 1,50,250 cr
Q2. THE RESERVE BANK OF INDIA HAS DECIDED TO LIFT ALL THE RESTRICTIONS ON CASH WITHDRAWAL LIMIT FROM SAVINGS BANK ACCOUNTS WITH EFFECT FROM WHICH DATE?
a) March 15, 2017
b) March 31, 2017
c) March 20, 2017
d) March 13, 2017
Q3. WHO IS THE WINNER OF THE 2017 HERO INDIAN GOLF OPEN TOURNAMENT?
a) Arjun Atwal
b) Gaganjeet Bhullar
c) SSP Chawrasia
d) Anirban Lahiri
Q4. WHO HAS BEEN NAMED TO BE THE NEXT CHAIRMAN OF THE HSBC HOLDINGS PLC?
a) Mark Tucker
b) Stuart Gulliver
c) D.Victor Bernard
d) Douglas Flint
Q5. WHICH UNION CABINET MINISTER HAS BEEN GIVEN THE ADDITIONAL CHARGE OF THE DEFENCE MINISTRY BY PRESIDENT PRANAB MUKHERJEE?
b) Arun Jaitley
c) M. Venkaiah Naidu
d) Raj Nath Singh
ANS: 1 - A 2 - D 3 - C 4 - A 5 - B