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Tuesday, October 3, 2017

DAILY CURRENT AFFAIRS: 28 SEP 2017

DAILY CURRENT AFFAIRS: 28 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      IMPORTANT CABINET APPROVALS- 27TH SEPTEMBER 2017
i. The Union Cabinet chaired by PM Shri Narendra Modi has given the following set of approvals. The full list of Cabinet Approvals is given as follows.
ii. The Cabinet has approved-
1. Enhancement of age of superannuation of doctors other than Central Health Service doctors to 65 years,
2. Signing of (i) Inter-bank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum relating to Credit Ratings by EXIM Bank under BRICS Interbank Cooperation mechanism,
3. Agreement on “Cooperation in the field of Information, Communication and Media” between India and Ethiopia,
4. MoU between India and Belarus in the oil and gas sector,
5. Bilateral MoU between India and Afghanistan on Technical Cooperation on Police Training and Development.


2.      ADB TO INCREASE ANNUAL LENDING TO INDIA TO $4 BILLION
i. The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status.
ii. The proposal was endorsed at new ADB Country Partnership Strategy for 2018- 2022. The new lending programme, which includes private sector operations, is much higher than the average $2.65 billion a year in loans extended during 2012 and 2016.

3.      IBBI REGISTERED NATIONAL E-GOVERNANCE SERVICES LTD AS INFORMATION UTILITY
i. The Insolvency and Bankruptcy Board of India registered National E-Governance Services Limited as an Information Utility under the IBBI (Information Utilities) Regulations, 2017. With this NeSL has become the first IU registered by the IBBI and the registration is valid for five years from the date of registration.
ii. Information Utility stores financial information that helps to establish defaults as well as verify claims expeditiously and facilitates completion of transactions under the Insolvency and Bankruptcy Code in a time-bound manner.

4.      CLASSICAL SINGER MANIK BHIDE CHOSEN FOR BHIMSEN JOSHI AWARD
i. Famous vocalist Manik Bhide was chosen for the prestigious Bharat Ratna Pandit Bhimsen Joshi award for the year 2017-18, for her contribution to the field of music.
ii. The Bhimen Joshi Award is given by the Maharashtra government. It is the highest award in the category of performing arts.
iii. The selection committee consisted of Culture Minister Vinod Tawde, Pandit Keshav Ginde, Nathrao Neralkar and Kamlabai Bhonde.

5.      BHU APPOINTS ITS FIRST WOMAN CHIEF PROCTOR
i. The Banaras Hindu University has appointed Professor Royana Singh as its Chief Proctor. She will be the first woman to hold the post, as per an official of the 101-year-old central University.
ii. Mrs Singh is a professor in the Anatomy department of the Institute of Medical Sciences. She takes charge after O.N Singh resigned from the post of Chief Proctor taking “moral responsibility” for the incident of lathi charge on students who were protesting against the victim-blaming of a colleague who was molested in the campus.

6.      ICICI BANK LAUNCHES ‘CASHBACK’ HOME LOANS
i. India’s largest private sector lender, ICICI Bank announced a new home loan scheme that offers borrowers the benefit of 1% cashback on every EMI, for the entire tenure of the loan. The offer will be valid for home loans with a minimum tenure of 15 years and the maximum tenure of 30 years.
ii. Customers can choose to adjust the cashback against principal outstanding of their home loan. The cashback will start to accrue from the first EMI itself. It will first get credited to the customer after completion of the 36th EMI.

7.      SYNDICATE BANK CUTS SAVINGS ACCOUNT INTEREST RATE BY 0.5%
i. Public sector Syndicate Bank has cut savings account interest rate by 0.50% to 3.50% for deposits up to Rs 25 lakh. The bank has revised rate of interest on savings bank deposits with effect from October 10 to 3.50 percent from 4 percent existing rate.
ii. For the deposits above Rs 25 lakh, the interest rate is unchanged at 4 percent.

8.      INDIA TO HOST SOUTH ASIAN BOXING CHAMPIONSHIP IN GUWAHATI
i. India will host the South Asian Boxing Championship for the first time in Guwahati from December 6 to 10. Boxing Federation of India  after its executive committee meeting, stated that the country will also host the ‘India International Open tournament’ in New Delhi in the third week of January 2018.
ii. RK Sacheti has been unanimously elected as the new Executive Director of the federation. For the first time, it will initiate a grading system as well on the lines of AIBA’s star rating qualifications for coaches, referee judges.

9.      WEF RELEASED GLOBAL COMPETITIVENESS REPORT 2017 – SWITZERLAND AT 1ST, INDIA AT 40TH POSITION
i. World Economic Forum released the Global Competitiveness Report, in Switzerland. The Global Competitiveness Index is prepared on the basis of country-level data under 12 categories of competitiveness.
ii. Switzerland occupies the 1st position in the list, US occupies the 2nd position and Singapore the 3rd.
iii. India has bagged the 40th rank. India has obtained the highest rank among the South Asian countries. Categorically, India has scored 29th rank in Innovation, 66th rank in Infrastructure, 75th rank in Higher Education and Training and 107th rank in Technological Readiness.

10.  WORLD MARITIME DAY: 28 SEPTEMBER
i. The World Maritime Day is celebrated across the world on 28 September. The theme for 2017 World Maritime Day was ‘Connecting Ships, Ports and People’.
ii. It aims to do so by focusing on helping International Maritime Organization member states to develop and implement maritime strategies to invest in a joined-up, interagency approach.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS
Q1. WHICH COUNTRY HAS OBTAINED THE HIGHEST RANK AMONG THE SOUTH ASIAN COUNTRIES IN THE GLOBAL COMPETITIVENESS REPORT RELEASED BY WORLD ECONOMIC FORUM?
a)  Bhutan
b)  India
c)  Sri Lanka
d)  Afganistan
Q2. WHICH FAMOUS VOCALIST WAS CHOSEN FOR THE PRESTIGIOUS BHARATRATNA PANDIT BHIMSEN JOSHI AWARD FOR THE YEAR 2017-18 BY THE MAHARASHTRA GOVERNMENT?
a)  Manik Bhide
b)  Sunanda Patnaik
c)  Usha Parkhi
d)  Malini Rajurkar
Q3. HOW MUCH OF MAXIMUM AMOUNT ASIAN DEVELOPMENT BANK PLANS TO RAISE ITS ANNUAL LENDING TO INDIA TO ACCELERATE INCLUSIVE ECONOMIC TRANSFORMATION TOWARD UPPER MIDDLE-INCOME STATUS?
a)  USD 3 billion
b)  USD 5 billion
c)  USD 4 billion
d)  USD 6 billion
Q4. WHAT IS THE THEME OF 2017 WORLD MARITIME DAY?
a)  Connect world with ocean
b)  Shipping: indispensable to the world
c)  Secure Shipping
d)  Connecting Ships, Ports and People
Q5. WHICH COUNTRY TO HOST THE SOUTH ASIAN BOXING CHAMPIONSHIP-2017?
a)  Bangladesh
b)  India
c)  Pakistan
d)  Sri Lanka

ANSWERS: 

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

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