(DAILY NEWS INDIA)
1.
ARUN JAITLEY INAUGURATES 315TH SAINIK REST HOUSE IN NEW DELHI
i.
Defence Minister Arun Jaitley has inaugurated the 315th Sainik Rest House of
the Kendriya Sainik Board in New Delhi.
ii.
It aimed to provide facilities for former servicemen. Jaitley has also launched
the new portal of the Sainik Rest House.
iii.
The rest house, built at Naraina tri-junction near Delhi Cantonment area in
west Delhi at a cost of around Rs 8 cr, would be the beginning of an
initiative. The KSB will be able to expand on these in the coming years so that
such facilities become an integral part of facilities for ex-servicemen.
iv.
The KSB portal lists out details, facilities, restrictions for use of the rest
house and would soon provide facility for online payment.
v.
Chief of the Army Staff General Bipin Rawat, Chief of the Air Staff Air Chief
Marshal B.S. Dhanoa, Secretary (Ex-Servicemen Welfare) Prabhu Dayal Meena,
Secretary (KSB) Brigadier M.H. Rizvi, senior officials of armed forces and from
the Ministry of Defence were present on the occasion.
2.
KERALA HOST LITERARY FEST WITH “TOLERANCE” AS THEME
i.
Kerala will be going to host the 5th edition of South India Writers Ensemble at
Chengannur in coastal Alappuzha district from 24 July 2017.
ii.
It is a 3-day annual literary event and organised by People for Performing Arts
and More, an art and cultural outfit. The theme of the festival 2017 is
‘tolerance’.
iii.
Its main aim is to bring an enhance interaction between writers from different
languages and regions.
iv.
Hindi has been selected as the main language of this year’s festival. It would
include participation from related writers and other personalities like
Creative writers, journalists, theatre and film personalities will deliberate
on tolerance at a literary event.
v.
The main aim of South India Writers Ensemble is to explore the power of
language and literature through the gathering of writers.
3.
FM ARUN JAITLEY INTRODUCES BILL TO AMEND BANKING REGULATION ACT
i.
The Banking Regulation (Amendment) Bill, 2017, was introduced in Lok Sabha by
Finance Minister Arun Jaitley. The bill seeks to amend the Banking Regulation
Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017, which
was promulgated in May 2017.
ii.
Jaitley introduced the Bill amid protests in the House by opposition members
over the alleged incidents of lynching by cow vigilantes in different parts of
the country.
iii.
The bill also has a provision, which empowers RBI to issue other directions for
resolution, appoint or approve for appointment, authorities or committees to
advise the banking companies for stressed asset resolution.
i.
The world’s 1st full-scale floating wind farm has started to take shape off the
north-east coast of Scotland.
ii.
The Peter head wind farm, known as Hywind, is a trial. It will bring power to
20,000 homes.
iii.
It is a tech development project to ensure it’s working in open sea conditions
5.
IMF KEEPS INDIA’S GROWTH FORECAST AT 7.2% FOR 2017-18
i.
In latest update of World Economic Outlook released by International Monetary
Fund, economic growth outlook for India has been kept unchanged at 7.2% in
2017-18 and 7.7% in 2018-19.
ii.
In its first downgrade for the United Kingdom since the EU referendum in June
2016, the IMF said it expected the British economy to expand by 1.7% this year,
0.3 points lower than the previous forecast in April 2017.
iii.
IMF has also lowered its growth forecast for US to 2.1% in 2017 as well as in
2018. IMF has kept its outlook for global growth unchanged at 3.5% in 2017 and
3.6% in 2018.
6.
AAI, UTTARAKHAND GOVT INK MOU ON AVIATION DEVELOPMENT
i.
The Airports Authority of India has signed a MoU with Government of Uttarakhand
Civil Aviation Development Authority. The scope of the MoU is to identify
relevant factors influencing the development of civil aviation infrastructure
in Uttarakhand.
ii.
It will assess the commercial potential of various airports of the State,
identifying technical considerations for airport operations in the State,
evaluating site related technical and engineering parameters for development of
projects.
iii.
AAI will also assist UCADA in obtaining necessary clearances for airport
operations starting with the upgraded airport at Pithoragarh and later at
Chiniyalisaur.
7.
CCEA GIVES IN-PRINCIPLE APPROVAL FOR SELLING 51% STAKE IN HPCL TO ONGC
i.
The Cabinet has given an in-principle approval to sell the government’s entire
51.11% stake in Hindustan Petroleum Corp Ltd to Oil and Natural Gas Corp. It
ii.
It is buying out government’s entire 51.11% stake in fuel retailing and
marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a
separate listed company.
iii.
Government is 51% owner of HPCL and 68% owner of ONGC so, if one of the
companies keeps the shares of the other, it is a related party transaction.
iv.
HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC’s
portfolio, making it the 3rd-largest refiner in the country after IOC and
Reliance Industries.
v.
ONGC already is majority owner of MRPL, which has a 15- million tons refinery.
The combined market value of ONGC and HPCL would be $42 billion.
vi.
Finance Minister Arun Jaitley will head a 3-member ministerial panel to oversee
and precipitate the sale of government stake in oil refiner HPCL to explorer
ONGC.
vii.
The merger will be completed within the current fiscal year ending March 31,
2018. For overseeing this transaction, CCEA has approved the setting up of an
alternative mechanism that will help in taking quick decision with regard to
the timing, price, terms and conditions and other related issues.
8.
“MOBILE APP FOR ROAD MAINTENANCE “AARAMBH” LAUNCHED
i.
The Union Minister Shri Tomar and the ILO Deputy Director General (Policy)
International Labour Organization Ms. Deborah Greenfield has launched the
Mobile App for Road Maintenance “Aarambh”.
ii.
Its usage will enhance the service delivery of the state level institutions in
planning and implementing performance based rural roads maintenance contracts.
iii.
The newly launched mobile application would simplify the maintenance management
of rural roads.
iv.
This Mobile Phone App aims at use of GIS based mapping for making road
inventories, condition surveys, and producing cost estimates and other relevant
data for preparation and monitoring of annual road maintenance plans.
9.
INDIAN TEAM WON 5 MEDALS AT WORLD PARA ATHLETICS CHAMPIONSHIPS 2017, LONDON
i.
8th edition of World Para Athletics Championships was held in London, UK. It
was organized by the World Para Athletics subcommittee of the International
Paralympic Committee.
ii.
India ranked at 34th position on medal table. Indian team won 5 medals (1 gold,
2 silver and 2 bronze) in this championship.
iii.
Indian Para-athlete Sundar Singh Gurjar became 2nd Indian to win gold at the
World Para Athletics Championships. India’s Amit Kumar Saroha clinched a silver
medal in men’s club throw competition, Discus-thrower Karamjyoti Dalal won a
Bronze medal, High jumpers Sharad Kumar and Varun Bhati won silver and bronze
medal respectively.
iv.
China has topped in the medal tally followed by United States and Great
Britain.
10.
ENGLAND BEAT INDIA TO WIN ICC WOMEN WORLD CUP 2017
i.
The women’s cricket team from England beat India by 9 runs in ICC Women World
Cup 2017.
ii.
The ICC Women World Cup 2017 held at Lord’s Cricket Ground at London. It was
the 11th edition of the Cup.
iii.
It was England’s 4th Women’s World Cup title. England had won the World Cup in
1993 and 2009 as well.
iv.
The Player of the Series title has been awarded to Tammy Beaumont of England.
The Player of the match has been awarded to Anya Shrubose. Dane van Niekerk of
South Africa took most wickets in the tournament.
v.
The 2021 women’s world cup will be held at New Zealand.
11.
H S PRANNOY WINS US OPEN GRAND PRIX GOLD BADMINTON TITLE
i.
Indian Shuttler H S Prannoy has won the US Open Grand Prix Gold badminton tournament
title.
ii.
He has defeated his compatriot Parupalli Kashyap. It was held at Anaheim,
California USA.
iii.
Kashyap beat Korean Kwang Hee Heo in the semi-finals.
iv.
In the women’s singles of the tournament, Japanese Aya Ohori won the final. She
has defeated Michelle Li of Canada.
OBJECTIVE QUESTIONS BASED
ON TODAY’S NEWS
Q1.
THE BANKING REGULATION (AMENDMENT) BILL, 2017, WAS INTRODUCED IN LOK SABHA BY
FINANCE MINISTER ARUN JAITLEY. THE BILL SEEKS TO AMEND WHICH OF THE FOLLOWING
ACT?
a) Banking Regulation Act, 1965
b) Banking Regulation Act, 1991
c) Banking Regulation Act, 1949
d) Banking Regulation Act, 1951
Q2.
8TH EDITION OF WORLD PARA ATHLETICS CHAMPIONSHIPS WAS HELD FROM 14TH TO 23RD
JULY, 2017 IN?
a) London, UK
b) Berlin, Germany
c) Paris, France
d) Beijing, China
Q3.
KERALA HOSTED A LITERARY FESTIVAL FROM JULY 24, 2017. THE THEME OF THIS
LITERARY FESTIVAL IS?
a) ‘Sustainable Development’
b) ‘Tolerance’
c) ‘Healthy Living’
d) ‘Inclusive Growth’
Q4.
WHICH COUNTRY TOPPED THE MEDAL TABLE AT WORLD PARA ATHLETICS CHAMPIONSHIPS
2017?
a) India
b) US
c) Australia
d) China
Q5.
WHO AMONG THE FOLLOWING WON THE US OPEN GRAND PRIX GOLD BADMINTON TOURNAMENT?
a) H S Prannoy
b) Parupalli Kashyap
c) Saketh Myneni
d) Rohan Bopanna
ANSWERS:
1 - C 2 - A 3 - B 4 - D 5
- A
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