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Tuesday, October 3, 2017

DAILY CURRENT AFFAIRS: 27 SEP 2017

DAILY CURRENT AFFAIRS: 27 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.   2ND INDIA-INDONESIA BIENNIAL TRADE MINISTERS’ FORUM MEETING HELD IN NEW DELHI
i. The 2nd India-Indonesia Biennial Trade Ministers’ Forum Meeting was held in New Delhi.
ii. Mr.Suresh Prabhu, Minister of Commerce and Industry of India, and Mr. Enggartiasto Lukita, Minister of Trade of the Republic of Indonesia participated in the meet.
iii. Higher Officials from both the countries also participated. Both the Ministers decided on arranging meeting of ‘the Working Group on Trade & Investment’, ‘the Working Group on Trade Facilitation & Remedies’ and ‘Meeting of Regulators’.
iv. Opportunities for joint ventures, textile machinery manufacturing, textile parks and Special Economic Zones were discussed.
v. Mr. Suresh Prabhu suggested Indonesia to make use of ‘Make in India’, ‘Invest India’ and ‘Start-up India’ initiatives.

2.   BILAL DAR FROM SRINAGAR BECOMES AN AMBASSADOR FOR SWACHHATA HI SEVA
i. Bilal Dar, a young boy from Srinagar has become the brand ambassador for Srinagar Municipal Corporation. Dar has been contributing to the  ‘Swachhta Abhiyan’ since the age of 12.
ii. 'Swachhta Hi Sewa’ campaign has turned out to be monetarily beneficial for residents and scrap buyers/dealers, besides helping in enhancing preventive measures against vector-borne diseases.


3.   ’INCREDIBLE INDIA’ CAMPAIGN LAUNCHED IN CAIRO
i. India launched a campaign to woo Egyptian travellers and make them aware of magnificent holiday options in the country.
ii. The month-long "Incredible India!" campaign has been organised by the Embassy of India in Cairo.

4.   RIL WORLD’S 3RD LARGEST ENERGY FIRM: PLATTS RANKINGS
i. Reliance Industries Ltd is the world’s third-biggest energy company behind Russian gas firm Gazprom and German utility E.ON, according to Platts Top 250 Global Energy Company Rankings.
ii. State-owned Indian Oil Corp climbed to 7th position in the 2017 ranking, up from 14th rank in 2016. Oil and Natural Gas Corp was placed at 11th position in 2017 as against 20th in 2016.
iii. Coal India Ltd, the world’s largest coal producer, was the only Indian firm to have slipped in the ranking - 45 in 2017.

5.   PLATFORM FOR EFFECTIVE ENFORCEMENT FOR NO CHILD LABOUR  PORTAL LAUNCHED
i. The Union Home Minister Shri Rajnath Singh launched the Platform for Effective Enforcement for No Child Labour Portal at the National Conference on Child Labour organised by the Ministry of Labour and Employment.
ii. The PENCIL is an electronic platform that aims at involving Centre, State, District, Governments, civil society and the general public in achieving the target of child labour free society. Shri Rajnath Singh also launched the Standing Operating Procedures for the enforcement of legal framework against child labour.

6.   ANGOLA SWEARS IN ITS FIRST NEW PRESIDENT AFTER 38 YEARS
i. Angola swore in Joao Lourenco as the country's President, making him the first new President of the country in 38 years. This comes after the previous president, Jose Eduardo dos Santos, announced his retirement and chose Lourenco as his successor.
ii. Lourenco, who had served as Angola's Defence Minister earlier, vowed to attract more foreign investment.

7.   WEF’S GLOBAL COMPETITIVENESS RANKINGS: INDIA RANKS 40TH, SWITZERLAND TOPS
i. India remains the most competitive country in South Asia, appearing at No. 40 in the global competitiveness ranking of 137 countries by the World Economic Forum. The ranking is one lower than last year.
ii. According to WEF, India’s score is its highest ever according to the current methodology, which ranked Switzerland as the world’s most competitive economy. India ranks 3rd among BRICS nations.

8.   MAHARASHTRA GOVT SIGNS MOU WITH SOUTH KOREA
i. The Maharashtra government has signed a MoU with South Korea for increased co-operation in infrastructure projects like development of smart cities, roads, airports and metros on the first day of Chief Minister Devendra Fadnavis’ visit to that country.
ii. This MoU is to help with implementation strategy, legal systems, policies, technologies and information in infrastructure development. Fadnavis embarked on a 3-day tour to South Korea and Singapore.

9.   SHRI RAM VILAS PASWAN LAUNCHED “ELECTRONIC NEGOTIABLE WAREHOUSE RECEIPT SYSTEM”
i. Shri Ram Vilas Paswan, Union Minister of Consumer Affairs, Food and Public Distribution launched the Web Portal of Warehousing Development and Regulatory Authority & “Electronic Negotiable Warehouse Receipt System” in New Delhi.
ii. e-NWRs have no chances of any tempering, mutilation, fudging, loss or damage and with no possibility of any multiple financing. These initiatives would revolutionise the marketing of agricultural commodities and help farmers realize better price for their produce which will be a step towards doubling the farmers’ income by 2022 as well as Digital India mission.

10.           MINISTER OF COMMUNICATION SHRI MANOJ SINHA LAUNCHED FIRST EVER INDIA MOBILE CONGRESS 2017
i. The Minister of Communication Shri Manoj Sinha launched DoT’s first ever Mobile, Internet and Technology event in India – India Mobile Congress 2017 at Pragati Maidan, New Delhi.
ii. Led by Department of Telecom as the nodal ministry, the India Mobile Congress is being organised by Cellular Operators Association of India. The largest and first ever event also has the support of the other ministries like the Ministry of Electronics and Information Technology, Skill Development and Entrepreneurship amongst others.

11.           IDBI BANK LAUNCHES ‘PROJECT NISHCHAY’ FOR TURNAROUND
i. IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group to accelerate its turnaround program and improve financial performance.
ii. The project will be led by senior management at IDBI Bank along with BCG. BCG will assist the bank to identify areas for cost containment and revenue maximization leading to sustainable growth and profitability of the Bank.

12.           KANDLA PORT IN GUJARAT RENAMED AS DEENDAYAL PORT
i. The Ministry of Shipping has renamed Kandla Port Trust as Deendayal Port Trust. The Ministry of Shipping issued the required notification on the closing of the yearlong centenary celebrations of Pandit Deendayal Upadhyay.
ii. Kandla Port, located on the Gulf of Kutch in Gujarat, is one of the twelve major ports in the country.
iii. The suggestion has been given by PM Modi for renaming of Kandla Port after Pandit Deendayal Upadhyay, who stood for the uplift of the poor and weaker sections of society.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHERE WAS THE 2ND INDIA-INDONESIA BIENNIAL TRADE MINISTERS’ FORUM MEETING HELD?
a)  Bhubaneswar
b)  Chandigarh
c)  New Delhi
d)  Patna
Q2. KANDLA PORT IN GUJARAT RENAMED AS ___________  PORT ?
a)  Bhattacharya
b)  Deenadayal
c)  Acharya
d)  Chamunda
Q3. WHERE DID INDIA LAUNCHED ’INCREDIBLE INDIA’ CAMPAIGN TO ATTRACT EGYPTIAN TRAVELERS?
a)  Luxor
b)  Alexandria
c)  Giza
d)  Cairo
Q4. IN WHICH STATE/UT THE MINISTER OF COMMUNICATION SHRI MANOJ SINHA LAUNCHED DOT’S FIRST EVER MOBILE, INTERNET AND TECHNOLOGY EVENT- 'INDIA MOBILE CONGRESS 2017'.
a)  New Delhi
b)  Chandigarh
c)  Chennai
d)  Bengaluru
Q5. WHICH BANK HAS RECENTLY LAUNCHED ‘PROJECT NISHCHAY’ IN PARTNERSHIP WITH THE BOSTON CONSULTING GROUP TO ACCELERATE ITS TURNAROUND PROGRAM AND IMPROVE FINANCIAL PERFORMANCE?
a)  IndusInd Bank
b)  Canara Bank
c)  ICICI Bank
d)  IDBI Bank

ANSWERS: 

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

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