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Sunday, January 7, 2018

DAILY CURRENT AFFAIRS: 4 JAN 2018

DAILY CURRENT AFFAIRS: 4 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      CABINET APPROVALS ON JANUARY 2018
i. Cabinet approves Agreement between India and Myanmar on Land Border Crossing, Cabinet apprised of the MoU between India and Italy on cooperation in the field of renewable energy.
ii. Cabinet approves MoU between India and Belgium on Cooperation in the field of ICT&E, Cabinet approves MoU between India and Israel on Cooperation in the Oil and Gas Sector.
iii. Cabinet approves MoU between India and ‘Transport for London’, Cabinet approves setting up of new AIIMS in Bilaspur and Cabinet approves Rs 6809-cr Zojila tunnel project in J&K.


2.      PARLIAMENT PASSES INSOLVENCY & BANKRUPTCY CODE AMENDMENT BILL
i. Indian Parliament passed Insolvency and Bankruptcy Code (Amendment) Bill, 2017 as it was passed by Rajya Sabha. This amendment bill was passed by the Lok Sabha in December 2017. It replaces the ordinance that was promulgated in November 2017.
ii. National Bank for Agriculture and Rural Development (Amendment) Bill, 2017, was passed in the Rajya Sabha by voice vote. This bill was passed by the Lok Sabha in August, 2017.
iii. Lok Sabha passed the Ancient Monuments and Archaeological Sites and Remains (Amendment) Bill 2017 that permits government to take up infrastructure projects within the 100 metre prohibited area around protected monuments.

3.      HARYANA TO IMPLEMENT SOLAR-BASED MICRO IRRIGATION SCHEMES IN ALL DISTRICTS
i. Haryana CM Manohar Lal Khattar directed the state irrigation department to implement the integrated solar-based micro irrigation scheme in all districts of Haryana.
ii. Mr. Khattar has constituted a committee headed by Haryana Renewable Energy Development Agency chairman to form a strategy to execute this scheme.
iii. Currently, solar-based micro irrigation scheme is being implemented on pilot basis across 13 districts of Haryana at a cost of Rs 24.65 cr. This scheme will save electricity and water and will thereby prove to be economical for farmers.

4.      TAMIL NADU GOVERNMENT LAUNCHES E-GOVERNANCE POLICY
i. Tamil Nadu Government launched an e-governance policy to help public, government and commercial establishments avail all services through digital medium.
ii. The e-Governance policy 2017 booklet was released by Tamil Nadu CM K Palaniswamy. The e-Governance policy contains guidelines for developing IT infrastructure for the digital initiatives of the government.
iii. This policy lets the government allocate 0.5 % of the total funds in a financial year for digital initiatives and further increase it to 3 % in the next five years.

5.      ASSAM LAUNCHES ‘CHAH BAGICHAR DHAN PURASKAR MELA 2017-18’ SCHEME FOR TEA GARDEN WORKERS
i. Assam CM Sarbananda Sonowal launched ‘Chah Bagichar Dhan Puraskar Mela 2017-18’ at a function held at Sarbananda Singha auditorium in Tinsukia, Assam. During the launch Sarbananda Sonowal distributed cheques to beneficiaries. Under this scheme people belonging to tea community who opened bank accounts during demonetisation will be credited Rs 2500 in their accounts.
ii .In the demonetisation period, 6,58,250 tea community members opened bank accounts. Assam government will spend Rs. 182 cr for giving financial incentives to all the account holders.
iii. In the next phase, another 2500 rupees will be credited to accounts which are continuously operated for 6 months from now.

6.      IICA, IPPB SIGN MOU TO PROVIDE TRAINING ON PAYMENT BANKING
i. Indian Institute of Corporate Affairs and India Post Payments Bank signed an agreement for the training of IPPB employees in the area of payment banking. Under this agreement, IICA will not only impart training to IIPB officials/employees but will also provide research support in the area of payment banking.
ii. IPPB is Government of India’s attempt to further “financial inclusion” by providing basic banking services to population that has till date remained outside the ambit of formal banking.
iii. IPPB is well positioned to fulfil this responsibility by leveraging the massive network of post offices across India.

7.      ANDHRA PRADESH GRAMEENA VIKAS BANK INTRODUCES DESKTOP ATMS IN RURAL INDIA
i. Andhra Pradesh Grameena Vikas Bank operationalised its first desktop ATM at Kasibugga in Mandi Bazar in Warangal, Telangana. The mini-ATM has been installed within the branch premises and will facilitate customers to withdraw small amounts. The regular bank account holders too can withdraw money from this desktop ATM and conduct other banking activities.
ii. The desktop ATM has low power requirements and is designed to work in harsh climatic conditions. It is specifically meant for rural customer who typically has small cash needs.
iii. APGVB has laid out plans to install 100 such desktop ATMs in different busy branches. 60 of them will be in Telangana State and 40 in AP branches.

8.      NABARD SANCTIONED RS 372.51 CR TO ODISHA
i. National Bank for Agriculture and Rural Development has sanctioned Rs 372.51 cr loan assistance to Odisha for irrigation and rural bridge projects, that are to be undertaken during Jan- March 2017 period.
ii. This loan has been sanctioned under the Rural Infrastructure Development Fund. Out of this amount, Rs 130.17 cr will be used for carrying out work on 17322 lift irrigation projects including bore wells, shallow tube wells, digging wells and Micro River lifts.
iii. These projects will provide assured irrigation to about 36440 hectares of agricultural land and will directly benefit about 40000 farmers across Odisha.
iv. Rs. 242.34 will be spent on 14 Rural Bridge Projects under Biju Setu Yojana. These bridges would add 6222.89 metres of bridge length, benefiting about 4.56 lakh population in 322 villages of the state.

9.      JNPT WINS “SAMUDRA MANTHAN – CARING ORGANISATION OF THE YEAR” AWARD
i. Jawaharlal Nehru Port Trust has won “Samudra Manthan-Caring Organisation of the Year” award. “Samudra Manthan-Caring Organisation of the Year” award was organised by Bhandarkar Shipping.  Bhandarkar Shipping is an important publication of the maritime industry.
ii. The objective of this award is to create healthy competition in the maritime sector. Jawaharlal Nehru Port Trust is India’s number one container port in terms of volume and efficiency. The Shipping corporation of India, MSC Crewing and DP world were among the finalists for the award.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. THE UNION CABINET HAS APPROVED AN AGREEMENT BETWEEN INDIA AND WHICH NATION ON LAND BORDER CROSSING?
a)  Nepal
b)  China
c)  Myanmar
d)  Bangladesh
Q2. THE UNION CABINET RECENTLY APPROVED ESTABLISHMENT OF AIIMS AT WHICH PLACE UNDER THE PRADHAN MANTRI SWASTHYA SURAKSHA YOJANA?
a)  Kanpur
b)  Raipur
c)  Jaipur
d)  Bilaspur
Q3. WHICH CONTAINER PORT HAS WON THE 2017 “SAMUDRA MANTHAN – CARING ORGANISATION OF THE YEAR” AWARD?
a)  Jawaharlal Nehru Port Trust
b)  Haldia Port
c)  Visakhapatnam Port
d)  Kolkata port
Q4. INDIA HAS SIGNED A MOU WITH WHICH NATION’S TRANSPORT BODY TO IMPROVE PUBLIC TRANSPORT IN THE COUNTRY?
a)  Japan
b)  UK
c)  Russia
d)  US
Q5. THE UNION CABINET HAS APPROVED A MOU IN THE OIL AND GAS SECTOR BETWEEN INDIA AND WHICH NATION?
a)  Jordan
b)  Russia
c)  Saudi Arabia
d)  Israel

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


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