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Monday, September 18, 2017

DAILY CURRENT AFFAIRS: 15 SEP 2017

DAILY CURRENT AFFAIRS: 15 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      JAPAN PM SHINZO ABE IN AHMEDABAD FOR INDIA-JAPAN ANNUAL SUMMIT: INDIA'S FIRST BULLET TRAIN PROJECT INAUGURATED
i. Prime Minister Narendra Modi received his Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr. Abe is in India on a 2-day visit to attend the India-Japan annual summit meeting. The 12th edition of the summit will be held in Gandhinagar, Gujarat.
ii. PM Narendra Modi and his Japanese counterpart Shinzo Abe laid the foundation stone of the 508-km long Mumbai-Ahmedabad High-Speed Rail in Ahmedabad. The two leaders visited the Sabarmati Ashram after Abe’s arrival in Gujarat.
iii. About the Bullet Train Project in Brief- It is 508-km long High-Speed Rail that will run between Mumbai-Ahmedabad. The cost of the project is Rs 1,10,000-cr.
iv. The train which will have a top speed of 350 km per hour will reduce travel time between the two cities to around 2 hours from the existing 7 hours. The Project is scheduled to complete by December 2023. The project is mostly on Japanese soft loan.

2.      INDIA, BELARUS SIGN TEN MOUS
i. PM Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi and discussed various issues of mutual interest of both countries. A number of agreements were signed in several areas after the talks.
ii. Mr. Lukashenko’s visit was significant as it took place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations.
iii. Following Agreements/MoUs were signed:
1. MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education of the Republic of Belarus
2. Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus
3. MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field of Vocational Education and Training
4. Protocol amending the Agreement between the Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007.
5. MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy, Gorki, Belarus for Cooperation in Agricultural Research and Education
6. Programme of cooperation between the Government of Republic of India and the Government of Republic of Belarus in the field of culture for 2018-2020.
7. MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry in the Oil and Gas Sector.
8. MoU between JSV "Belzarubezhstroy” and National Buildings Construction Corporation Ltd. MoU between JSC Belarusian Potash Company and Indian Potash Ltd.
9. Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune


3.      KOCHI TO HOST COASTAL SHIPPING AND INLAND WATER TRANSPORTATION SUMMIT
 i. Kochi will host the 5th edition of the ‘Coastal Shipping and Inland Water Transportation Business Summit 2017’. The summit will be an initiative to explore the immense potential of coastal shipping and waterways as well as an effort to build a shared commitment and decipher the role that each stakeholder will have to play in integrating the coastal and waterways transport infrastructure.
ii. Kerala Governor P Sathasivam will present the India Seatrade Award for Excellence in Coastal Shipping & Inland Water Transportation.

4.      FINANCE MINISTER CONSTITUTES GOM TO MONITOR IT CHALLENGE IN GST
i. Finance Minister Arun Jaitley has constituted a Group of Ministers headed by Bihar Deputy CM Sushil Kumar Modi to monitor and resolve the IT challenges faced in the implementation of GST.
ii. The GoM will be assisted by the Chairman and Chief Executive Officer of Goods and Services Tax Network. Besides, a Committee on Exports has also been constituted under the convenorship of the Revenue Secretary Dr.Hasmukh Adhia to look at the issues of export sector and to recommend the GST Council suitable strategy for helping the export sector in the post-GST scenario.

5.      GOVERNMENT LAUNCHES HACKATHON TO PROMOTE APP IDEAS
i. The Ministry of Electronics and Information Technology launched a nationwide Hackathon ‘OpenGovDataHack’ to support and showcase potential ideas/talent from inner India.
ii. As part of the start-up eco-system development program, the National Informatics Centre and the Internet and Mobile Association of India have collaborated to conduct the Hackathon at Jaipur, Chennai, Noida, Bhubaneswar, Patna, Hyderabad, and Surat.

6.      TURKEY SIGNS DEAL TO BUY RUSSIAN S-400 MISSILE SYSTEMS
i. Turkey has signed a deal with Russia to buy S-400 missile defence systems in its 1st major weapons purchase from Moscow, according to the President of Turkey Recep Tayyip Erdogan.
ii. The accord for the surface-to-air missile defence batteries is Ankara's most significant pact with a non-NATO supplier.

7.      PAYTM PARTNERS WITH NPCI
 i. Paytm Payments Bank has partnered with the National Payments Corporation of India to launch a RuPay-powered digital debit card.
ii. Through the PPB Digital debit card customers will now be able to transact at all merchants who accept credit and debit cards.
iii. The RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with PPB. Existing Paytm users need to complete a KYC process to become an account holder with PPB.
iv. The debit card will have the facility to come with a free insurance cover of up to Rs. 2 lakh in the case of death or permanent total disability. Customers will now be able to pay across all online platforms with our digital debit card.
v. PPB is also looking to partner with other full-service banks to offer additional services to its customers and rolling out a full bouquet of services, including term deposits, retail and SME loans.
vi. Payments banks are a new model of banks conceptualised by the Reserve Bank of India. These banks can accept a restricted deposit, which is currently limited to Rs1 lakh per customer and may be increased further. Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH PAYMENTS BANK PARTNERS WITH NPCI FOR RUPAY DIGITAL CARD?
a)  Bharti Airtel Payment Bank
b)  HDFC Payment Bank
c)  Paytm Payment Bank
d)  Reliance Payment Bank
Q2. HOW MUCH WORTH HAS BEEN ESTIMATED FOR THE FIRST BULLET TRAIN PROJECT WILL BE SET UP IN VADODARA?
a)  200 crores
b)  150 crores
c)  300 crores
d)  600 crores
Q3. INDIA HAS RANKED 103 ON GLOBAL HUMAN CAPITAL INDEX 2017. WHICH COUNTRY HAS TOPPED THE LIST?
a)  France
b)  Norway
c)  Finland
d)  Kenya
Q4. MAHENDRA PRATAP MALL HAS APPOINTED AS CMD OF WHICH GOVERNMENT ORGANIZATION?
a)  IRCTC
b)  Central reserve Police
c)  Indian Coast Guard
d)  Indian Air Force
Q5. WHICH STATE WILL HOST 36TH NATIONAL GAMES IN INDIA?
a)  Uttar Pradesh
b)  Andhra pradesh
c)  Manipur
d)  Goa

ANSWERS: 

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

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