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Tuesday, May 9, 2017

DAILY CURRENT AFFAIRS: 5TH MAY 2017

DAILY CURRENT AFFAIRS: 5TH MAY 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. INDORE IS INDIA’S CLEANEST CITY: SWACHH BHARAT SURVEY
i. Urban Development Minister M Venkaiah Naidu released 3rd edition of the Swachh Survekshan which ranked 434 Indian cities on various cleanliness parameters.
ii. Indore in Madhya Pradesh emerged as the cleanest city and Gonda in Uttar Pradesh ranked at the bottom as the dirtiest city.
iii. Top 5 Clean Cities are: Indore – Madhya Pradesh, Bhopal – Madhya Pradesh is at 2nd place, Visakhapatnam – Andhra Pradesh is at 3rd followed by Surat – Gujarat and Mysuru – Karnataka at 4th and 5th place.

2. RECENT APPROVALS BY CENTRAL GOVERNMENT – MAY 3 2017
i. The cabinet has cleared the non performing asset resolution package that includes an ordinance to amend the Banking Regulation Act for empowering the Reserve Bank of India to deal with bad assets in an effective manner.
ii. Union Cabinet has given gave ex-post facto approval to the signing the Memorandum of Cooperation with Japan on Railway Safety.
iii. Union Cabinet has approved modifications in the recommendations of the 7th Central Pay Commission relating to the method of revision of pension of pre-2016 pensioners and family pensioners.
iv. The central government has approved the signing of Memorandum of Understanding on Cooperation in area of Civil Aviation with Spain.
v. Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi has given approval for Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters for period 2016-20.

3. HARYANA AND MADHYA PRADESH STATE LEGISLATIVE ASSEMBLY PASSES GST BILL
i. Madhya Pradesh and Haryana cabinet gave its approval to a draft bill for implementation of the Goods and Services Tax in the state. The GST will be implemented from 1st of July.
ii. With this the number of states that have passed the law of Parliament’s nod to the GST bills increased to 8.
iii. Different indirect taxes like the central sales tax, central excise duty and service tax are to be merged with the C-GST.
iv. S-GST will include state sales tax, luxury tax, VAT and entertainment tax.

4. RELIANCE, SAP LAUNCH ‘SARAL GST’ SOLUTION FOR TAXPAYERS
i. Reliance Corporate IT Park Limited, a subsidiary of Reliance Industries has signed a Memorandum of Understanding with SAP to launch ‘SARAL GST’ solution for taxpayers.
ii. SARAL GST will provide simplified operations high quality of service and security to taxpayers.
iii. It will hold the proficiency of RCITPL as GST Suvidha Provider and SAP as Application Service Provider.
iv. GSP, RCITPL will connect ASPs to the Government’s GST system through Jio MPLS network. It will also help in boosting the Digital India initiative.


5. UJJIVAN SMALL FINANCE BANK COMMENCES OPERATIONS IN PUNE
i. Ujjivan Small Finance Bank has started its operations in Pune. Its total branches now come to 30 across the country.
ii. It provide services like doorstep banking, internet, mobile and phone banking, biometric ATMs and Aadhar enabled debit cards.
iii. Small finance bank now operates out of Bengaluru, Mumbai, Ramanagara, New Delhi, Kolkata and Pune.

6. ADB PREDICTS 7.4% GROWTH FOR INDIAN ECONOMY THIS FISCAL
i. Asian Development Bank predicts 7.4% in the current fiscal year 2017-18 and 7.1% in the previous fiscal year.
ii. Open trade and free movement of capital plays an important in India’s economy growth.
iii. ADB forecast 7.6% growth for next year. ADB Chief Economist Yasuyuki Sawada mentioned that Goods and Services Tax and the new bankruptcy law will make it easier to do business in India.

7. INDIA TEST-FIRES AGNI-II BALLISTIC MISSILE FROM WHEELER ISLANDS
i. India’s nuclear-capable, surface-to-surface Agni-II ballistic missile was test-fired from the Wheeler Island Odisha coast.
ii. Agni-II ballistic missile has a strike range of 2000 kms. The test was aimed at re-establishing the operational effectiveness of the weapon system.
iii. Agni missile series being developed by DRDO as a deterrent against nuclear armed neighbours.

8. INDIA RISES TO 100TH SPOT IN FIFA RANKINGS IN 21 YEARS
i. In the latest FIFA rankings the Indian football team has raised to be ranked 100th for the 1st time ever in over two decades.
ii. Top 3 countries in FIFA rankings are: Brazil, Argentina and Germany.
iii. This is India’s best-ever FIFA ranking since April 1996. AIFF has been providing the national team the best of exposure and facilities.

9. DRONACHARYA AWARDEE WRESTLER CAPT CHAND ROOP PASSES AWAY
i. Dronacharya awardee and wrestler Capt. Chand Roop has passed away.
ii. Capt Chand Roop was received Dronacharya award in 2010 for his contribution to Wrestling.

10. VENKAIAH NAIDU RELEASES SET OF BOOKS TITLED ‘SWACHH JUNGLE KI KAHANI – DADI KI ZUBANI’
i. Shri M. Venkaiah Naidu, Minister for Information & Broadcasting released a set of books titled ‘Swachh Jungle ki kahani – Dadi ki Zubani’ published by Publications Division.
ii. The books aimed at transformation and creating awareness among children. The series of books had been published in 15 Indian languages.
iii. The books would provide an encouragement to the Prime Minister’s Swachh Bharat Abhiyan.
iv. It helps in developing a habit of cleanliness among school going children.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH AMONG THE FOLLOWING HAS BEEN ADJUDGED AS CLEANEST CITY IN SWACHH SURVEKSHAN 2017?
a)  Indore, Madhya Pradesh
b)  Surat, Gujarat
c)  Kochi, Kerala
d)  Amritsar, Punjab
Q2. SUBSIDIARY OF WHICH COMPANY HAS SIGNED A MEMORANDUM OF UNDERSTANDING WITH ENTERPRISE APPLICATION SOFTWARE MAJOR SAP SE TO LAUNCH ‘SARAL GST’ SOLUTION FOR TAXPAYERS?
a)  Sun Pharmaceuticals
b)  Tata Consultancy Services
c)  Larsen & Toubro
d)  Reliance Industries
Q3. WHICH FINANCIAL ORGANIZATION HAS STATED THAT INDIAN ECONOMY WILL GROW 7.4 % IN 2017-18 AND 7.6% IN 2018-19?
a)  World Bank
b)  International Monetary Fund
c)  Asian Development Bank
d)  New Development Bank
Q4. AS PER THE LATEST FIFA RANKINGS INDIAN NATIONAL FOOTBALL TEAM HAS RANKED AT _____POSITION?
a)  90th position
b)  100th position
c)  70th position
d)  80th position
Q5. UNION MINISTER M VENKAIAH NAIDU HAS RELEASED A SET OF 4 STORY BOOKS FOR CHILDREN, TITLED _________TO CREATE AWARENESS REGARDING CLEANLINESS AMONG THEM.
a)  ‘Swachh Desh ki kahani – Dadi ki Zubani’
b) ‘’Swachh Ghar ki kahani – Dadi ki Zubani’
c)  ‘Swachh Shehar ki kahani – Dadi ki Zubani’
d)  ‘Swachh Jungle ki kahani – Dadi ki Zubani’

ANSWERS:

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

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