DAILY CURRENT AFFAIRS: 3RD JUNE 2017

DAILY CURRENT AFFAIRS: 3^RD JUNE 2017

(DAILY NEWS INDIA)

SHARED BY: WWW.DAILYGK.IN

1. VARANASI TO GET INDIA’S FIRST FREIGHT VILLAGE

i. India’s 1st ‘freight village’ will be developed by the Inland Waterways Authority of India in Varanasi, Uttar Pradesh.

ii. The freight village, a one-of-its-kind infrastructure platform, will attract companies that require logistics services and can cluster to improve their competitiveness.

iii. The facility will come around the proposed multi-modal terminal adjacent to the city on the banks of the river Ganga.

iv. This will allow relocation of retailers, warehouse operators and logistics service providers supplying the regional FMCG market.

2. PUNJAB & UK JOIN HANDS TO PROMOTE SKILL DEVELOPMENT

i. The United Kingdom and the Punjab government join hands for imparting skill training and technical education to the students to provide better employment opportunities in abroad. Under this agreement, the UK would send skill development experts to Punjab to impart technical education and skill development training.

ii. It was announced by Charanjit Singh Channi, Technical Education Minister with Britain Deputy High Commissioner Andrew Ayre at Chandigarh.

iii. The Punjab Government is planning to focus on providing quality education to the students to get jobs in the leading industries around the world.

3. US TO WITHDRAW FROM PARIS CLIMATE AGREEMENT: DONALD TRUMP

i. President Donald Trump has announced that he would withdraw the United States from the 2015 Paris agreement to fight climate change.

ii. Trump stated that the Paris accord would weaken the U.S. economy, cost U.S. jobs, and weaken American national sovereignty.

iii. Trump also said that the Paris accord has put the country at a permanent disadvantage to the other countries of the world.

iv. Paris Climate Agreement is an agreement within the United Nations Framework Convention on Climate Change that deals with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020.

4. ECONOMY EXPECTED TO GROW BY 7.5 PER CENT IN CURRENT FISCAL: NITI AAYOG

i. Arvind Panagariya, an economic adviser has said India’s economic growth is expected to grow by 7.5 % in this fiscal year.

ii. Asia’s third-largest economy grew by 7.1% year-on-year in 2016-17, slower than 8 percent growth a year ago.

iii. Panagariya, a vice-chairman of the government’s main economic advisory body said on a conference that economic growth would accelerate further to above 8 % by 2019.

5. PRIME MINISTER ALEKSANDAR VUCIC SWORN IN AS NEW PRESIDENT OF SERBIA

i. Aleksandar Vucic has been sworn in as president of Serbia, formally stepped down from his prime minister’s post on March 31, 2017.

ii. Vucice took over president role after his win in April’s election. He announced that Serbia would not join NATO or become “member of any other military alliance”.

iii. He founded the Serbian Progressive Party in 2008.

6. RBI APPOINTS S GANESH KUMAR AS NEW EXECUTIVE DIRECTOR

i. The Reserve Bank has appointed Ganesh Kumar as Executive Director. It will be effective from June 1, 2017. Ganesh kumar replaced Chandan Sinha.

ii. Kumar will look after the departments of Payment and Settlement Systems, Information Technology and External Investments and Operations.

iii. Prior to this, Kumar was working as Chief General Manager-in-Charge, Department of Information Technology, RBI. He had joined the Reserve Bank in 1984 and as a career central banker.

7. PRITHVI-II MISSILE SUCCESSFULLY TEST-FIRED FROM ODISHA

i. The Defence Research and Development Organisation on June 2nd successfully  test-fired the indigenously-developed nuclear-capable ballistic Prithvi-II missile in Odisha.

ii. The trial of the surface-to-surface missile, which has a strike range of 350 km, was carried out from a mobile launcher from launch complex-3 of the Integrated Test Range at Chandipur near Balasore in Odisha. India conducted Twin Trail of Prithvi-II missile in Odisha.

iii. The capacity of Prithvi-II missile is carrying 500 kg to 1,000 kg of warheads and is thrusted by liquid propulsion twin engines.The missile’s trajectory was tracked by the DRDO radars, electro-optical tracking systems and telemetry stations located along the coast of Odisha.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH CITY WILL GET INDIA’S FIRST ‘FREIGHT VILLAGE’?

a)  Kolkata

b)  Jaipur

c)  Surat

d)  Varanasi

Q2. PUNJAB STATE GOVERNMENT HAS DECIDED TO JOIN HANDS WITH WHICH COUNTRY FOR IMPARTING SKILL TRAINING AND TECHNICAL EDUCATION TO THE YOUTHS OF THE STATE IN ORDER TO PROVIDE THEM BETTER EMPLOYMENT OPPORTUNITIES ABROAD?

a)  UK

b)  Canada

c)  Germany

d)  France

Q3. AS PER NITI AAYOG, INDIA’S ECONOMY IS EXPECTED TO GROW AT ____% IN THE FISCAL ENDING IN MARCH 2018

a)  7.6%

b)  7.5%

c)  7.7%

d)  7.4%

Q4. ALEKSANDAR VUCIC HAS BEEN SWORN IN AS THE NEW PRESIDENT OF?

a)  Georgia

b)  Belgium

c)  Serbia

d)  Croatia

Q5. ON JUNE 1, 2017, RBI ANNOUNCED APPOINTMENT OF _______AS EXECUTIVE DIRECTOR?

a)  S Ganesh Kumar

b)  V RadhaKrishnan

c)  L J Sitaram

d)  V K Munshi

ANSWERS: 

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