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Saturday, September 9, 2017

DAILY CURRENT AFFAIRS: 31 AUG 2017

DAILY CURRENT AFFAIRS: 31 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. NARENDRA MODI’S VISIT IN RAJASTHAN: AUGUST 2017
i. Prime Minister Narendra Modi visited Rajasthan to inaugurate few highway projects and to dedicate some to our nation along with road  transport and highways minister Nithin Gadkari. He informed that his government is setting in a culture of completion of projects unlike previous governments.
ii. PM Modi will also visit Pratap Gaurav Kendra which exhibits the valour and achievements of Maharana Pratap and pay his homage to the famous King of Mewar.
iii. He laid foundation stone and inaugurated national highway projects worth Rs 15,000 cr. He dedicated 11 national highways to the nation. These highways cover a total length of 873 kms and inaugurated a suspension bridge built across the Chambal river at Kota, making it the first 6-lane cable suspended bridge in the Rajasthan.

2. CABINET APPROVALS ON 30 AUGUST 2017
i. MoU by the Election Commission of India with the Election Management Bodies of other countries, MoU with Myanmar for the Conservation of Earthquake-Damaged Pagodas at Bag.
ii. MoU on “India-Israel Industrial R&D and Technological Innovation Fund”. Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017.
iii. Cabinet apprised of jointly issue of postage stamps between Canada and India. MoU between India and Brazil for cooperation in the fields of Zebu Cattle Genomics.


3. RAJNATH SINGH INAUGURATES YUVA A SKILL DEVELOPMENT PROGRAMME OF DELHI POLICE
i. The Union Home Minister Shri Rajnath Singh has inaugurated the ‘YUVA’ – a skill development programme. It is an initiative taken by Delhi Police under Pradhan Mantri Kaushal Vikas Yojana.
ii. Delhi Police has tied up with National Skill Development Corporation and Confederation of Indian Industry to provide the job-linked skilling for selected youths.
iii. A detailed exercise was conducted in all 13 districts of Delhi Police to select the youth in the age of 17-25 years for this training belonging to categories such as School dropouts, Juvenile offenders, Victims of crimes and mostly from the underprivileged colonies.
iv. The ‘YUVA’ initiative by Delhi Police aims to connect with youth by upgrading their skill as per their competencies. It will help them to get an employment under Pradhan Mantri Kaushal Vikas Yojna under the Ministry of Skill Development.

4. CANARA HSBC ORIENTAL LIFE INSURANCE COMPANY LAUNCHES ‘POS-EASY BIMA PLAN’
i. Canara HSBC Oriental Bank of Commerce Life Insurance Company has launched with a ‘Point-of-Sale’ Easy Bima Plan targeted at the mass-market segment.
ii. The product ‘PoS – Easy Bima Plan’ is the 1st PoS product for the company. It will provide life cover and also returns all premiums paid during the payment term on survival till maturity. It is specially designed to provide an affordable and hassle free protection, to take care of the needs of your loved ones.
iii. The affordable premiums start from Rs.1,000 annually and there is inbuilt double life cover in case of accidental death. It would be available in the bank branches of Canara Bank and Oriental Bank of Commerce in the next two months.

5. UJJIVAN SFB RECEIVES SCHEDULED BANK STATUS FROM RBI
i. Ujjivan Small Finance Bank Ltd is a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been included in the 2nd scheduled to the RBI Act 1934.
ii. This grants the ‘Scheduled Bank’ status to Ujjivan Small Finance Bank’ from the date of notification. With this Ujjivan Small Finance Bank can issue certificate of deposits. Ujjivan SFB commenced its operations as a Small Finance Bank with effect from February 1, 2017.
iii. Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in 8 states and two Union Territories. It plans to convert 160 existing branches and 29 new Unbanked Rural Centresby the end of FY 2017-18 and the remaining branches will be converted over a period of two years in line with RBI approval.

6. NTPC SIGNS RS. 3,000-CR TERM LOAN AGREEMENT WITH ICICI BANK
i. NTPC has signed a term loan agreement for Rs 3,000 cr with ICICI Bank for partially funding its capital expenditure.
ii. The loan has a tenure of 15 years and it will be utilised to part finance the capital expenditure of NTPC.
iii. NTPC commissioned 3,845 mw capacity and added 2,190 mw to its commercial capacity during 2016-17.  The installed capacity of the group is 51,671 mw as on 31st July and has over 28,000 mw of capacity under construction.

7. NITI AAYOG ANNOUNCES 12 WINNERS OF THE WOMEN TRANSFORMING INDIA AWARDS 2017
i. Union Minister of Textiles, Information, and Broadcasting Smriti Irani will present Women Transforming India Awards 2017 a prestigious award to 12 incredible women winners at an event in New Delhi.
ii. The award has been launched by NITI Aayog, in partnership with the UN in India and MyGov. It has been awarded to recognize the transformational impact of work undertaken by women across India.
iii. This year’s campaign “to promote equal opportunity of women” received around 3000 entries from across India.
iv. Top 6 contestants are Laxmi Agarwal, Safeena Husain, Kamal Kumbhar, Subasini Mistry, Arunima Sinha and Jamuna Tudu.

8. DR. R.K. RAGHAVAN APPOINTED AS THE NEXT HIGH COMMISSIONER OF INDIA TO CYPRUS
i. Dr. R.K. Raghavan has been appointed as the next High Commissioner of India to the Republic of Cyprus. He served as a former Central Bureau of Investigation Director from January 4, 1999 to April 30, 2001.
ii. He is an Indian Police Service officer of the 1963 batch. Mr. Raghavan has an MA in Politics and Public Administration from the Madras University.
iii. He has also done an M. S. in Criminal Justice from Temple University, Philadelphia and a Ph.D. in political science. He was a Visiting Fellow at Rutgers University and the Harvard Law School.

9. PV SINDHU TO BE BRAND AMBASSADOR FOR BRIDGESTONE INDIA
i. Tyre major Bridgestone India has announced badminton player and Olympic silver medallist P V Sindhu as its first brand ambassador.
ii. She will be a part of three year agreement. Sindhu will be included in Bridgestone’s activations around its Worldwide Olympic Partnership.
iii. Bridgestone India is a subsidiary of the world’s largest tyre and Rubber Company and also a Worldwide Olympic Partner.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. CABINET APPROVED THE MOU WITH WHICH COUNTRY FOR THE CONSERVATION OF EARTHQUAKE-DAMAGED PAGODAS AT BAGAN?
a)  Canada
b)  Israel
c)  Nepal
d)  Myanmar
Q2. UNDER WHICH YOJNA RAJNATH SINGH HAS INAUGURATED THE ‘YUVA’ – A SKILL DEVELOPMENT PROGRAMME WHICH IS AN INITIATIVE TAKEN BY DELHI POLICE?
a)  Pradhan Mantri Ujjwala Yojana
b)  Pradhan Mantri Awas Yojana
c)  Pradhan Mantri Kaushal Vikas Yojana
d)  Pradhan Mantri Sukanya Samriddhi Yojana
Q3. WHICH OF THE FOLLOWING INSURANCE COMPANY HAS LAUNCHED ‘POS-EASY BIMA PLAN’?
a)  Kotak Mahindra Old Mutual Life Insurance Limited
b)  Canara HSBC Oriental Bank of Commerce Life Insurance Company
c)  Bharti AXA Life Insurance Company Ltd
d)  Future Generali India Life Insurance Company Limited
Q4. WHICH BANK RECEIVES SCHEDULED BANK STATUS FROM RBI DUE TO SECOND SCHEDULED TO THE RBI ACT 1934?
a)  Ujjivan Small Finance Bank Ltd
b)  Janalakshmi Small Finance Bank Ltd
c)  Disha Small Finance Bank Ltd
d)  Equitas Small Finance Bank Ltd
Q5. WHO PRESENTED THE NITI AAYOG’S WOMEN TRANSFORMING INDIA AWARDS 2017?
a)  Radha Mohan Singh
b)  Nirmala Sitharaman
c)  A.Smt Sushma Swaraj
d)  Smt Smriti Irani

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


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