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Thursday, July 20, 2017

DAILY CURRENT AFFAIRS: 13 JULY 2017

DAILY CURRENT AFFAIRS: 13 JULY 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. MEGHALAYA CM MUKUL SANGMA LAUNCHES LIFE PROGRAM AT SONGSAK
i. Meghalaya CM Mukul Sangma has launched the ambitious flagship programme titled “Livelihood Intervention and Facilitation of Entrepreneurship” at Songsak in East Garo Hills.
ii. The project has been launched to the people of the state. In 2017-18, the programme aims to reach out to additional 2144 villages.
iii. On the launch of the programme, Sangma said that the programme of the state government is most inclusive unlike the central schemes, which are mostly meant for the “below poverty line”.
iv .He urged the people to form SHGs in their area and under LIFE different activities would be started to ensure that people are able to generate income and eradicate poverty.
v. LIFE will focus on capacity building, Under the programme every 10 SHGs will be motivated to act like a bank and help each other.

2. RECENT APPROVALS BY CENTRAL GOVERNMENT: JULY 12 2017
i. Union Cabinet has given its ex-post facto approval for signing a Memorandum of Understanding between India and Palestine on cooperation in the field of Health and Medicine and cooperation in the field of Information Technology and Electronics.
ii. Cabinet approves Joint Declaration of Intent between India and Germany on cooperation in the field of Health. The Joint Interpretative Notes on the Agreement between India and Bangladesh would impart clarity to the interpretation of the existing Agreement between India and Bangladesh for the Promotion and Protection of Investments.
iii. Cabinet approves enhancement of the age of superannuation of Medical Officers of Central Armed Police Forces and Assam Rifles. Cabinet apprised of MoU between India and Bangladesh for cyber security cooperation.
iv. Cabinet approves creation of three posts of Directors for the three new AIIMS in West Bengal, Andhra Pradesh and Maharashtra.
v. Cabinet approves establishment of the International Rice Research Institute, South Asia Regional Center at campus of National Seed Research and Training Center in Varanasi.

3. OVER RS 57,000 CR SAVED THROUGH DBT: GOVERNMENT
i. The government has saved over Rs 57,000 cr with its Direct Benefit Transfer scheme. By which subsidies are given directly to beneficiaries.
ii. The DBT programme is an initiative to check graft in welfare funds and was launched by the UPA government January 2013.
iii. According to government data, of the Rs 57,029 cr saved under DBT in 2016-17, the LPG subsidy scheme ‘Pahal’ accounted for Rs 29,769 cr.
iv. Under the Public Distribution System about Rs 14,000 cr were saved in providing subsidies directly to beneficiaries. A total of 485 schemes have been identified from 60 ministries for the DBT.
v. It was aimed at transferring benefits of various central government-run social welfare schemes to the bank accounts of beneficiaries.

4. RAJASTHAN BECOME THE 1ST STATE TO FIX MINIMUM QUALIFICATIONS FOR COOP. SOCIETIES’ POLLS
i. Rajasthan is the 1st state of our country has set minimum educational qualification to candidates for elections to village cooperative societies and various other cooperative bodies.
ii. The Rajasthan Government modified the State Cooperative Societies Rules, 2003 and the new rules expected the benefit around 10,000 cooperative and agricultural credit societies.
iii. The minimum educational qualification from class 5 to class 8 is must for members of dairy societies, weavers’ societies, farming societies, consumer societies, urban banks, housing construction societies, primary land development banks, credit societies and cooperative unions.
iv. The minimum educational qualification of primary committee members is of class 8. The minimum qualification required is class 10 for district level members and A member of State level committee must be a graduate.

5. 41ST ANNUAL UNESCO WORLD HERITAGE COMMITTEE CONFERENCE HELD IN POLAND
i. United Nations Educational, Scientific and Cultural Organization World Heritage Committee met for its 41st session in Krakow, Poland.
ii. During this session 21 new sites have been inscribed to UNESCO’s World Heritage List. Among these were 18 cultural and 3 natural sites. In addition to the new inscriptions, the Committee also approved five site boundary changes.
iii. The 5.5 km walled city area in Ahmedabad, Gujarat with an approximate population of four lakh has been declared India’s first World Heritage City by UNESCO.

6. NATO MILITARY DRILLS IN EASTERN EUROPE BEGIN IN BULGARIA
i. NATO military exercises in Eastern Europe have begun in Bulgaria. It involves 25,000 military personnel from more than 20 allied and partner countries.
ii .The drills aim to increase the interoperability of participating countries and display resolve and readiness to act in support of security and stability in the Black Sea region.
iii. The opening ceremony was held 12th July at the Novo Selo military camp in southern Bulgaria.
iv. The Saber Guardian 17 exercises are being led by U.S. Army Europe and run until 20th July.
iv. The training will also take place in Hungary and Romania, including at the country’s Mihail Kogalniceanu Air Base near the Black Sea. There will be a total of 18 specialized exercises.

7. SBI WAIVES CHARGE ON IMPS FUND TRANSFER OF UP TO RS 1,000
i. SBI has waived charges for fund transfer of up to Rs 1,000 through its Immediate Payment Service to promote small transactions.
ii. IMPS is an instant interbank electronic fund transfer service through mobile phones as well as Internet banking.
iii. State Bank of India charge Rs 5 along with the applicable service tax for IMPS fund transfer of up to Rs 1,000. For IMPS, the charge will be Rs 5 along with GST for fund transfer in the range of Rs 1,000 to Rs 1 lakh.
iv. The charge will go up to Rs 15 for transactions of Rs 1-2 lakh. GST at the rate of 18% is applicable on all financial transactions.

8. YES BANK LAUNCHES ‘YES GST’ PROGRAM TO ASSIST MSMES
i. YES BANK, India’s 4th largest private sector bank, along with YES Global Institute has launched ‘YES GST’ program for Micro, Small and Medium Enterprises under its MSME CSR initiative, ‘Say YES to Sustainable MSMEs in India’.
ii. YES BANK is organizing more than 3,000 events on GST over the next 6 months in partnership with National Small Industries Corporation, Federation of Indian Export Organizations and Federation of Automobile Dealers Associations, among others.
iii. The bank will help MSMEs to understand the impact of the changes in tax system and prepare them to know the new GST tax system.
iv. The Bank has also created a portal http://www.Yesbank.In/yes-gst which will be easy-to-understand knowledge material of all GST related information.

9. BCCI APPOINTS RAVI SHASTRI AS NEW HEAD COACH OF INDIAN CRICKET TEAM, ZAHEER KHAN BOWLING COACH
i. Ravi Shastri was appointed as new head coach of Indian cricket team. Former India pacer Zaheer Khan will be the bowling coach while Rahul Dravid, who is also the India A and U-19 coach, will be batting consultant on overseas Test tours.
ii. Shastri is widely known as an individual who is intelligent and always a step ahead of the others. He had represented India in 80 Tests and 150 ODIs and performed well as an all-rounder.
iii. He had his 1st term with team India in 2007. He is Known as the man who has serve many positions in the world of cricket- as a commentator, or an administrator or a manager or even a coach.
iv. Ever since Later that year, Board of Control for Cricket in India appointed him the head of the National Cricket Academy in Bengaluru.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. THE GOVERNMENT HAS SAVED A WHOPPING RS _______ WITH ITS DIRECT BENEFIT TRANSFER SCHEME UNDER WHICH SUBSIDIES ARE GIVEN DIRECTLY TO BENEFICIARIES?
a)  47,000 crore
b)  67,000 crore
c)  77,000 crore
d)  57,000 crore
Q2. CHIEF MINISTER OF WHICH STATE LAUNCHED THE LIVELIHOOD INTERVENTION AND FACILITATION OF ENTREPRENEURSHIP PROGRAMME?
a)  Meghalaya
b)  Arunachal Pradesh
c)  Sikkim
d)  Tripura
Q3. UNITED NATIONS EDUCATIONAL, SCIENTIFIC AND CULTURAL ORGANIZATION WORLD HERITAGE COMMITTEE MET FOR ITS 41ST SESSION FROM 2ND TO 12TH JULY 2017 IN?
a)  Cannes, France
b)  Milan, Italy
c)  Krakow, Poland
d)  Barcelona, Spain
Q4. WHICH PUBLIC SECTOR BANK HAS WAIVED CHARGES FOR FUND TRANSFER OF UP TO RS.1000 THROUGH ITS IMPS TO PROMOTE SMALL TRANSACTIONS?
a)  Punjab National Bank
b)  State Bank of India
c)  Bank of Baroda
d)  Corporation Bank
Q5. WHICH PROGRAMME HAS BEEN LAUNCHED BY YES BANK TO HELP MICRO, SMALL AND MEDIUM ENTERPRISES UNDERSTAND THE IMPACT OF THE PROPOSED CHANGES AND PREPARE THEM FOR MIGRATION TO THE NEW GST TAX SYSTEM?
a)  ‘YES GST’
b)  ‘GST GURU’
c)  ‘CLEAR GST’
d)  ‘GST FRIEND’

ANSWERS

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

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