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Monday, April 10, 2017

DAILY CURRENT AFFAIRS: 8TH APR 2017

DAILY CURRENT AFFAIRS: 8TH APR 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. DEENDAYAL RASOI YOJANA LAUNCHED IN 49 DISTRICTS OF MP
i. Madhya Pradesh CM Shivraj Singh Chouhan has launched subsidized meal scheme at Rs.5 in Gwalior. This scheme helps people to get economical nutritious and good quality food under the Deendayal Rasoi Yojana at cheaper rates.
ii. The scheme includes 49 districts in 1st phase. Breakfast will be served at Rs 5 and lunch will be served at Rs.8.
iii. All these arrangements will be done by Level Coordination and Monitoring Commiittee in which they will monitor all aspects of scheme and at least 2000 people will serve every day.
iv. The budget of this scheme is Rs 10 cr and it will be funded by Corporate Sector under Corporate Social Responsibility.


2. SECTION 139AA: AADHAAR TO BE MANDATORY FOR IT RETURNS, GETTING PAN FROM JULY 1
i. The government is making Aadhaar mandatory for filing income tax returns as well as to getting PAN card through amendments to the finance bill 2017.
ii. The Finance Act, 2017 introduced Section 139AA of the Income-tax Act, 1961 which states that mandatory quoting of Aadhaar /Enrolment ID of Aadhaar application form, for filing IT returns and application for allotment of Permanent Account Number with effect from July 1.
iii. Income-Tax also added that a person who stayed for 182 days or more for current financial year / a person who stayed for 60 days or more in previous financial year are considered as Resident Indians.
iv. The People who fall short of the above criteria are considered as NRIs. As per section 139AA and Aadhaar Act, 2016 the Income-tax Act shall not apply to an individual who is not a resident of India.

3. INDIA RANKED 40TH IN WEF’S GLOBAL TRAVEL AND TOURISM RANKING
i. India has ranked 40th out of 136 countries on Global Travel and Tourism Competitiveness Report 2017 published by World Economic Forum. This marks a commendable jump of 12 spots as compared to previous year’s rank.
ii. Spain is at 1st place followed by France and Germany. Japan and United Kingdom are at 4th and 5th place.

4. INDIA AND ADB SIGN $175 MILLION LOAN AGREEMENT TO HELP IMPROVE SOLAR TRANSMISSION SYSTEM
i. The Government of India and the Asian Development Bank has signed a $175 million loan agreement to support construction of high voltage transmission systems.
ii. The project will improve the capacity and efficiency of interstate transmission networks, ADB clears $ 300 million loan for upgradation of UP Roads 400 km particularly in transmitting the electricity generated from the new solar parks to the national grid.
iii. The loan will be given to the Power Grid Corporation of India Limited.
iv. Apart from the mass departure of 2,500 megawatts of power from solar parks in Bhadla, Rajasthan, and 700 MW from Banaskantha, Gujarat, POWERGRID is also including 2 additional subprojects that will increase solar power generation by 4.2 gigawatt and lessen carbon emissions by over 7 million tons every year.
iv. The project will enable transmission of surplus solar energy from States with surplus power to power deficit States.

5. INDIA’S GROWTH ACCELERATE TO 7.4% IN 2017-2018
i. India recorded a growth rate of 7.4% in this fiscal year and it expects to be 7.6% in the next financial year.
ii. Despite the effect demonization India’s growth grew from 1% to 7.4%. India is the fastest growing economy ahead of China mentioned by the ASIAN DEVELOPMENT BANK.
iii. Over the last few years India has taken a very crucial initiative like GOODS AND SERVICE TAX and FDI regime to improve our business growth in an economy.
iv. ADB also expects India’s Consumer Price Inflation to 5.2% in FY18 and to 5.4% in FY19.

6. PREM BAHADUR RESMI MAGAR POSTHUMOUSLY CONFERRED KIRTI CHAKRA
i. Lance Havildar Prem Bahadur Resmi Magar of Gorkha Rifles has been conferred with Kirti Chakra by President Pranab Mukherjee at the defence investiture ceremony in New Delhi.
ii. The second highest peacetime gallantry award presented to the late Lance Havildar for his action in Jammu and Kashmir operation on June 16.
iii. Other awards includes: 13 Shaurya Chakras (4 posthumous).
iv. 45 Distinguished Service medals include 15 Param Vishisht Seva Medals, 28 Ati Vishisht Seva Medals, 2 Uttam Yudh Seva Medals.

7. CENTRE KICKS OFF PROGRAMME ON CYBER PHYSICAL SYSTEMS
i. The Department of Science and Technology under Union Ministry of Science and Technology has initiated a Cyber Physical Systems programme.
ii. This programme has a financial outlay of Rs. 3000 cr, out of which Rs. 100 cr have been earmarked in the current financial year itself.
iii. K.R. Murli Mohan is the head of the CPS programme at DST. The initial action in this programme will take place at some of the Indian Institutes of Technology.

8. ISRO AND INDIAN AGRICULTURE MINISTRY TEAM UP TO GEO-TAG AGRICULTURAL ASSETS
i. The Government is going to geo-tag all the agricultural assets in the country for better land and crop management.
ii. Radha Mohan Singh, Union Agriculture Minister is going to sign a Memorandum of Understanding with National Remote Sensing Agency, ISRO, for geo-tagging the agriculture land created under Rashtriya Krishi Vikas Yojna in the country.
iii. Geo-tagging used to provide us a real time status of agricultural assets, which helps to monitoring, utilizing and also useful in formulating schemes for development in the agricultural sector.

9. NBA LAUNCHES INDIA’S FIRST BASKETBALL SCHOOL IN MUMBAI
i. US based National Basketball Associationhas launched its first basketball school in Mumbai, India. More schools will be opened in India and around the world in this year.
ii. The school was opened as part of a multi-year agreement with India on Track.

10. WORLD HEALTH DAY OBSERVED WITH THEME ‘DEPRESSION: LET’S TALK’
i. Every year World Health day is observed on 7th April since 1950 to celebrate the founding day of World Health Organization in 1948.
ii. 2017 campaign is based on depression. This year theme of World Health Day was 'Depression: Let's Talk'.
iii. Depression is one of the causes of ill health and disability. Nearly 86 million people are affected by depression in South-East Asian countries.
iv. One in 4 children in the age group of 13-15 years in India suffers from depression.

11. PRANAB MUKHERJEE INAUGURATES FIRST NIMCARE WORLD HEALTH DAY SUMMIT 2017
i. President Pranab Mukherjee inaugurated the first NIMCARE World Health Day Summit 2017 in New Delhi.
ii. ‘Unite for a Healthy Mind’ was chosen as the slogan of the summit.
iii. He also launched eCAP & SOL’s Telepsychiatry application for the rural and urban population in need of mental health consultation.




OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. CHIEF MINISTER OF WHICH STATE HAS LAUNCHED ‘DEENDAYAL RASOI YOJANA’ IN 49 DISTRICTS OF THE STATE?
a)  Haryana
b)  Rajasthan
c)  Madhya Pradesh
d)  Bihar
Q2. INDIA HAS SIGNED $175 MILLION LOAN AGREEMENT WITH WHICH INTERNATIONAL FINANCIAL ORGANISATION FOR IMPROVING SOLAR TRANSMISSION SYSTEM?
a)  New Development Bank
b)  World Bank
c)  International Monetary Fund
d)  Asian Development Bank
Q3. ISRO AND INDIAN AGRICULTURE MINISTRY HAVE DECIDED TO TEAM UP TO GEO-TAG AGRICULTURAL ASSETS. WHAT IS THE PURPOSE BEHIND THIS TIE-UP?
a)  Formulating schemes for development in the agricultural sector
b)  Getting real time status of agricultural assets
c)  Better land and crop management
d)  All of the above
Q4. US BASED NATIONAL BASKETBALL ASSOCIATION HAS LAUNCHED INDIA’S FIRST BASKETBALL SCHOOL IN WHICH CITY?
a)  New Delhi
b)  Mumbai
c)  Kochi
d)  Kolkata
Q5. WORLD HEALTH DAY’ IS CELEBRATED ON WHICH DATE EVERY YEAR?
a)  7th April
b)  5th April
c)  6th April
d)  8th April

ANSWERS: 

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