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Monday, August 28, 2017

DAILY CURRENT AFFAIRS: 20 AUG 2017

DAILY CURRENT AFFAIRS: 20 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. SMRITI IRANI INAUGURATES HANDICRAFT MANUFACTURING UNIT IN JHARKHAND
i. SmritiI rani has inaugurated Jharkhand’s 1st textiles manufacturing and export unit ‘Orient Craft Ltd’.
ii. Currently, Jharkhand produces an annual production of nearly 1,200 metric tonnes of tasar silk alone and shares 62% share in the total market production of the entire country.
iii. The unit has come up in record time of 4 month with all the modern machines. Irani will also lay foundation stones of numerous companies under special make in Jharkhand drive, called “Momentum Jharkhand in Jamshedpur.
iv. The second phase of the ‘Momentum Jharkhand’ will bring upon more employment and development to the state. This initiative is under the ongoing Momentum Jharkhand initiative of state government whose theme is ease of doing business in the state.


2. RBI INTRODUCES ₹ 50 BANKNOTE IN MAHATMA GANDHI (NEW) SERIES
i. The Reserve Bank of India will soon release Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, having signature of Governor Urjit R. Patel. RBI clarified that all the Rs 50 banknotes in the earlier series will continue to be a legal tender. In December 2016, RBI had announced that it would soon issue new currency notes of Rs 50 and Rs 20.
ii. The base colour of the new note is fluorescent blue. It has a motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The note has geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the banknote will be 66 mm x 135 mm.

3. FIRST REGIONAL CENTRE OF NDB OPENS IN SOUTH AFRICA
i. The 1st regional centre of the New Development Bank was officially opened by South African President Jacob Zuma and the banks Indian head K V Kamath. It was set up by India and other BRICS nations.
ii. The New Development Bank, formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). It has anauthorized capital of the bank is USD 100 billion.
iii. The idea for setting up NDB was proposed by India at the 4th BRICS summit in 2012 held in New Delhi. The Creation of a NDB was the main theme of the meeting.
iv. In 2017 it is expected to approve loans aggregating between USD 2.5 and USD 3 billion for about 10 projects. In 2018 it is expected to present about 15 to 20 projects involving a total lending of about USD 4 billion for the boards consideration.

4. DR. (MS.) MAMTA SURI TAKES CHARGE AS EXECUTIVE DIRECTOR, INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
i. Dr. (Ms.) Mamta Suri took charge as Executive Director, Insolvency and Bankruptcy Board of India in New Delhi.
ii. Dr. Suri was serving as Chief General Manager, Insurance Regulatory Development Authority of India. Dr. Suri got Ph.D. in Finance from University of Delhi and M.Sc., Insurance Risk and Management from City University, London.
iii. Dr. Suri is a Chartered Financial Analyst from the Institute of Chartered Financial Analysts of India, and she has completed her graduation in law. She has also received Honorary membership for High Scholastic Achievement from USA.

5. SRI LANKA APPOINTS TRAVIS SINNIAH, FIRST TAMIL NAVY CHIEF AFTER FOUR DECADES
i. Rear Admiral Travis Sinniah was appointed as the chief of Sri Lankas naval forces. Sinniah is the 1st from the Tamil community to head the Navy since the outbreak of the civil war in the north and east of the island in 1972.
ii. Rear Admiral Travis Sinniah, who has served Sri Lanka Navy for many decades, took office as the Navy Commander.
iii. His services will be effective from 22nd August and Sinniah succeeds Vice Admiral Ravi Wijegunaratne who has retired. He is the 2nd Tamil to head the Lankan Navy after Rajan Kadirgamar, who was the commander in the late 1960s.
iv. Sinniah, who played a pivotal role in the destruction of the LTTE warships in deep sea during the height of the civil war, was appointed as the Navy chief by President Maithripala Sirisena.

6. RINKU HOODA BAGS SILVER AT WORLD U-20 PARA ATHLETICS CHAMPIONSHIPS
i. India’s junior para-athlete Rinku Hooda won a silver medal in the Javelin Throw F46 at the 1st World Para Athletics Junior Championships.
ii. World Para Athletics Junior Championships held in Nottwil, Switzerland. Hethrew a distance of 54.92 to make the 2nd place.
iii. Hooda also participated in the IPC World Para Athletics Championships which took place in London in June. During Rio Olympics last year he finished fifth.
iv. He won his 1st national level medal in 2013 during a para nationals meet at the Rajiv Gandhi stadium in Rohtak.

7. WORLD PHOTOGRAPHY DAY: AUGUST 19
i. World Photography day is observed on 19th August across the world. It aims to inspire photographers across the planet to share a single photo with a simple purpose and to share their world with the world.
ii. World Photo Day originates from the invention of the Daguerreotype, a photographic process developed by Frenchmen Louis Daguerre and Joseph Nicephore Niepce in 1837.
iii. World Photo Day is a global event that’s aspiring to create positive change in the world through photography. By bringing together millions of photographers around the world, it will connect people in a global celebration that invests back into their local and global communities.


OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. RS 50 DENOMINATION BANKNOTES IN THE MAHATMA GANDHI (NEW) SERIES, WHICH WILL SOON BE RELEASED BY RESERVE BANK OF INDIA, WILL HAVE MOTIF OF?
a)  Hampi with Chariot on the reverse
b)  Qutab Minar on the reverse
c)  Taj Mahal on the reverse
d)  Konark Sun Temple on the reverse
Q2. UNION TEXTILE MINISTER SMRITI IRANI INAUGURATED HANDICRAFT MANUFACTURING UNIT IN?
a)  Kota, Rajasthan
b)  Ranchi, Jharkhand
c)  Raipur, Chhattisgarh
d)  Cuttack, Odisha
Q3. THE FIRST REGIONAL CENTRE OF THE NEW DEVELOPMENT BANK OPENED IN?
a)  India
b)  Brazil
c)  South Africa
d)  China
Q4. WHO AMONG THE FOLLOWING TOOK CHARGE AS EXECUTIVE DIRECTOR, INSOLVENCY AND BANKRUPTCY BOARD OF INDIA?
a)  Ms. Sarita Menon
b)  Ms. Neha Pujara
c)  Ms. Sheena Malhotra
d)  Ms. Mamta Suri
Q5. WHO AMONG THE FOLLOWING HAS WON A SILVER MEDAL IN THE JAVELIN THROW AT THE 1ST WORLD PARA ATHLETICS JUNIOR CHAMPIONSHIPS IN NOTTWIL, SWITZERLAND?
a)  Jatinder Singh
b)  Rinku Hooda
c)  Prince Ahuja
d)  Manoj Ahlawat

ANSWERS:

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

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