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Tuesday, July 11, 2017

DAILY CURRENT AFFAIRS: 08 JULY 2017

DAILY CURRENT AFFAIRS: 08 JULY 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. “JIGYASA” – STUDENT-SCIENTIST CONNECT PROGRAMME LAUNCHED
i. ‘JIGYASA’, a student- scientist connect programme was officially launched in New Delhi. Council of Scientific and Industrial Research has signed Memorandum of Understanding with Kendriya Vidyalaya Sangathan to implement this programme.
ii. MoU signing ceremony was held in the presence of Dr. Harsh Vardhan – Minister of Science & Technology, Earth Sciences, Environment, Forests and Climate Change and Minister of Human Resource Development, Mr. Prakash Javadekar.
iii. Focus of ‘JIGYASA’ programme is to connect school students and scientists so as to extend student’s classroom learning with that of a very well planned research laboratory based learning.

2. HEALTH MINISTRY HOLDS 4TH NATIONAL SUMMIT ON GOOD, REPLICABLE PRACTICES AND INNOVATIONS IN PUBLIC HEALTH CARE SYSTEMS
i. Ms. Sumitra Mahajan – Speaker of the 16th Lok Sabha inaugurated the 4th National Summit on Good, Replicable Practices and Innovations in Public Health Care Systems at Indore, Madhya Pradesh.
ii. C K Mishra, Secretary (Health) mentioned that the summit has been held in the backdrop of two important events, one, shifting of goals from Millennium Development Goals to Sustainable Development Goals and the other is announcement of National Health Policy, 2017.
iii. During the Summit, the Health Ministry also gave away awards to the States and UTs on the basis of Health Indicators and Service Delivery.

3. GARIB NAWAZ SKILL DEVELOPMENT CENTRES TO BE ESTABLISHED IN 100 DISTRICTS OF THE COUNTRY: SHRI MUKHTAR ABBAS NAQVI
i. The Minister of State for Minority Affairs (I/C) & Parliamentary Affairs, Shri Mukhtar Abbas Naqvi said  that Garib Nawaz Skill Development Centres will be established in 100 districts of the country which will effectively ensure employment oriented skill development of youth belonging to Minority communities.
ii. In next 6 months,  job oriented skill training centres in various fields, will be established in Hyderabad, Lucknow, Noida, Jaipur, Nagpur, Aurangabad and in many more states.
iii. Along with this, Ministry of Minority Affairs will launch a mega education campaign Tahrik-e-Taleem. The campaign will be launched on the birth anniversary of former President of India Dr APJ Abdul Kalam.
iv. The Ministry of Minority Affairs is in the process to establish 5 world class educational institutions to provide better education to students belonging to Minority communities in technical, medical, Ayurved, Unani.


4. TRILATERAL MALABAR EXERCISE BEGINS IN CHENNAI
i. The Trilateral Malabar exercise begins in Chennai.. The U.S., Indian and Japanese maritime forces will be participating in the Malabar Naval Exercise 2017
ii. Naval ships, aircraft and personnel from Japan, India and the United States will participate in exercise Malabar 2017.
iii. Malabar naval exercise 2017 will continue till 17th July and will address the variety of shared threats to maritime security in the Indo-Asia Pacific.
iv. While ashore in Chennai, training will include subject matter expert and professional exchanges on carrier strike group operations, maritime patrol and reconnaissance operations, surface and anti-submarine warfare, and many other important factors.
v. This exercise helps to advance the level of understanding between Sailors and continuing to strengthen our bonds and personal.

5. MINISTRY OF FOOD PROCESSING INDUSTRIES ESTABLISHED GST FACILITATION CELL
i. The Ministry of Food Processing Industries has established a 4 member GST Facilitation Cell. It has been established to guide the industry about the new tax rule.
ii. The members of the GST Facilitation Cell can be accessed through Toll Free No 1800111175 or on #AskonGSTFPI.
iii. The cell will be headed by Shri Bijaya Kumar Behera, Economic Advisor and Shri G Srinivasan, senior marketing officer, Shri S N Ahmed, Assistant Director, Shri Bikram Nath, Assistant Director as its Members.
iv. The ministry’s main purpose of creating GST cell to implementing and facilitating the rollout of GST with immediate effect.  The GST facilitation cell will provide all possible support for the rollout of the levy to the major industry and business associations related to MoFPI.
v. The ministry has also planned to conduct seminars to disseminate information about the new tax regime.

6. INDIA TO BE BASE TO ECONOMIC POLE OF GLOBAL GROWTH: HARVARD STUDY
i. As per a study presented by researchers at Centre for International Development at Harvard University, India will be the base to the economic pole of global growth over the coming decade, remaining ahead of China.
ii. The study mentioned that India and Uganda top the list of the fastest growing economies to 2025, at 7.7% annually.
iii. The study has warned of a continued slowdown in global growth over the coming decade.The projections are optimistic about new growth hubs in East Africa and new segments of South-East Asia, led by Indonesia and Vietnam.

 7. RBI ALLOWS NBFCS TO OFFER NEW PENSION SCHEME
i. The Reserve Bank of India has allowed Non Banking Finance Companies to sell and market the new pension scheme.
ii. Those NBFCs which have asset size of Rs 500 cr and above that and have made a  net profit in the preceding financial year are permitted to sell NPS to their clients after registration with the pension regulator.
iii. According to the RBI NPS subscription collected by them from the public is deposited on the day of collection itself with the trustee bank.

8. CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE TIES UP WITH DHANLAXMI BANK FOR MARKETING BANCASSURANCE
i. Private life insurance company Canara HSBC Oriental Bank of Commerce Life Insurance, has tied up with Dhanlaxmi Bank for marketing bancassurance.
ii. All the life insurance products of Canara HSBC Oriental Bank of Commerce Life Insurance would be made available to customers of Dhanlaxmi Bank and would be sold by the licensed staff of the bank.
iii. As part of the agreement, the bank will be a corporate agent for 3 years. Canara HSBC Oriental Bank of Commerce Life Insurance has access to around 115 million customers and a pan-India network of over 9500 branches of the three shareholder banks.
iv. Customers of Dhanlaxmi Bank will get access to bouquet of products that would cover their core financial needs and deliver good value through the range of solutions that the company offers.

9. MRP TO BE SOLE PRICE DECIDER FROM JAN 1, 2018
i. The Consumer Affairs Ministry has amended the rules that govern packaged commodities from 1st Jan. 2018. The price of a packaged good would no longer depend on where you bought it be it a local kirana store, a mall, a five-star hotel or an airport.
ii. The Centre has clarified that the retail sale price shall be the maximum retail price inclusive of all taxes, with the provision to round off the price to the nearest rupee or 50 paise.
iii. A new legal provision has been inserted that no person shall declare different MRPs on an identical pre-packed commodity. The new norms also require sellers to enhance the size of letters and numerals for making declarations about the packaged goods, such as their “best before date, month and year” to indicate their shelf life.

10. NALCO, IDCO TO SET UP ALUMINIUM PARK IN ANGUL, ODISHA
i. National Aluminium Company Limited and Industrial Infrastructure Development Corporation have launched a joint venture company to set up an aluminium park at Angul.
ii .The total investment will be Rs 180 cr will be made on infrastructure of the project which is expected to generate 15,000 jobs.
iii. Odisha currently contributes about 54% of India’s total aluminium smelting capacity. It is jointly developed by the Odisha Industrial Infrastructure Development Corporation and National Aluminium Company Limited.
iv. Angul Aluminium Park will be the 1st project in the subcontinent with a facility to directly obtain molten aluminium from the smelter.
v. IDCO is reported to hold 50.5% stake in the new company, the rest 49.5% shares will be held by NALCO.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH PROGRAMME, AIMED AT CONNECTING SCHOOL STUDENTS AND SCIENTISTS FOR EXTENDING STUDENT’S CLASSROOM LEARNING WAS LAUNCHED IN NEW DELHI?
a)  ‘VIGYAN PARICHAY’
b)  ‘PRERNA’
c)  ‘JIGYASA’
d)  ‘AAVISHKAR’
Q2. THE GOVERNMENT WILL SET UP ‘GARIB NAWAZ’ SKILL DEVELOPMENT CENTRES IN HOW MANY DISTRICTS OF THE COUNTRY TO OFFER EMPLOYMENT-ORIENTED TRAINING TO THE YOUTH FROM MINORITY COMMUNITIES?
a)  100 districts
b)  150 districts
c)  125 districts
d)  200 districts
Q3. NAVAL FORCES OF WHICH COUNTRIES PARTICIPATED IN MALABAR NAVAL EXERCISE 2017 WHICH BEGAN ON JULY 7, 2017 IN CHENNAI, INDIA?
a)  India, Japan and Sri Lanka
b)  India, US and Japan
c)  India, US and Australia
d)  India, Japan and Australia
Q4. NATIONAL ALUMINIUM COMPANY LIMITED IS SETTING UP THE 1ST OF ITS KIND ALUMINIUM PARK IN?
a)  Kota, Rajasthan
b)  Jamnagar, Gujarat
c)  Angul, Odisha
d)  Ratnagiri, Maharashtra
Q5. RESEARCHERS FROM WHICH ENTITY HAVE PRESENTED A STUDY INDICATING THAT INDIA WILL BE THE BASE TO THE ECONOMIC POLE OF GLOBAL GROWTH OVER THE COMING DECADE, REMAINING AHEAD OF CHINA?
a)  Centre for Macro Development at Sydney University
b)  Centre for Economic Development at Cambridge University
c)  Centre for Global Development at Oxford University
d)  Centre for International Development at Harvard University

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


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