DAILY CURRENT AFFAIRS: 11TH JAN 2017

DAILY CURRENT AFFAIRS: 11TH JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. KUMAR SHARADINDU APPOINTED AS THE NEW MD & CEO OF SBI PENSION FUNDS
i. SBI Pension Funds Pvt Ltd., a subsidiary of State Bank of India has appointed Kumar Sharadindu as its MD and Chief Executive.
ii. SBIPFPL is one of the 3 Pension Fund Managers appointed by Pension Fund Regulatory and Development Authority in India to manage the pension corpus of employees enrolled under the National Pension System for Government Employees.
iii. SBI Pension Funds had an Asset under Management of Rs 46,019 crore on March 2016, representing a growth of 47 % over the previous fiscal, and is the seventh largest pension fund manager in terms of market share and 35 % its AUM comes from the government sector.

2. GIONEE SIGNS UP VIRAT KOHLI AS BRAND AMBASSADOR
i. Mobile handset brand Gionee has named Virat Kohli as their new brand ambassador.
ii. Earlier Gionee had named in actor Alia Bhatt as its brand ambassador
iii. Kohli will be joining her in helping the brand to amplify its presence in India.

3. PAKISTAN SUCCESSFULLY TEST-FIRES SUBMARINE-LAUNCHED NUCLEAR-CAPABLE MISSILE’
i. Pakistan successfully test-fired its first Submarine-Launched Cruise Missile, Babur-3 from Indian Ocean.
ii. The missile has a range of 450 km is likely to heighten long-running tension between India and Pakistan.
iii. Babur-3 is a sea-based variant of Ground Launched Cruise Missile Babur-2, which was successfully tested earlier in December 2016.
iv. The missile has advanced guidance and navigation features and is incorporated with Global Navigation, Terrain and Scene Matching Systems.

4. 12TH WORLD HINDI DAY OBSERVED ON 10 JANUARY
i. The 12th World Hindi Day was celebrated on 10 January across the world to honour our Indo-Aryan language.
ii. The number of Hindi literates across the globe is reportedly rising at a high pace. Hindi is the fourth most-spoken first language in the world.

5. PM NARENDRA MODI INAUGURATED THE 8TH VIBRANT GUJARAT GLOBAL INVESTORS SUMMIT AT GANDHINAGAR
i. PM Narendra Modi inaugurated the 8th Vibrant Gujarat Global Investors Summit 2017 at Mahatma Mandir in Gandhinagar.
ii. PM Modi inaugurated the Nobel Prize exhibition ‘Ideas Changing the World’ at  Nobel Prize exhibition Science City in Ahmedabad, Gujarat as a part of the 8th edition of the Vibrant Gujarat Global Summit
iii. PM met 9 Nobel laureates from across the globe.
iv. The Nobel laureates will interact with students, industry leaders ,scientists and policy makers through conference and meeting events, such as lectures, roundtables and other activities.
v. Prime Minister also laid the foundation stone for the redevelopment of the Gandhinagar railway station and inaugurated the International Stock Exchange at GIFT City.


6. AMITABH BACHCHAN PRESENTED WITH US EMBASSY AWARD FOR FIGHT AGAINST TUBERCULOSIS
i. Megastar Amitabh Bachchan was given an award in appreciation for his invaluable contributions to the US-India partnership on tuberculosis by the US Embassy.
ii. The award was presented by US Ambassador to India Richard R. Verma to the legendary actor who is band ambassador for the initiative.

7. FLIPKART REPLACES SACHIN BANSAL WITH KALYAN KRISHNAMURTHY AS CEO
i. Kalyan Krishnamurthy has been named the new Chief Executive Officer of Flipkart.
ii. He will replace Sachin Bansal who will retain his position and work closely with Binny Bansal to drive businesses in areas such as fintech, private brands, business-to-business services, and logistics
iii. He will be responsible for Flipkart’s profit and losses, marking a first for the Indian startup sector.

8. GUJARAT GOVERNMENT LAUNCHED STUDENT STARTUP AND INNOVATION POLICY
i. The Gujarat government has initiated India’s first Student Startup and Innovation Policy to provide financial support to enable the students in developing their innovative ideas
ii. The policy will support student-led startups & innovations and  Gujarat Government Launches Student Startup and Innovation Policy create an Innovation and Pre-incubation Ecosystem Support across all universities of the state.
iii. The Gujarat government would provide Rs 200 crore as State Innovation Fund for the next five years, of which Rs 100 crore will be allocated by the state government and the remaining amount will be created by internal sources like university funds and CSR funds.
iv. Under the pre-incubation support the policy would help the students to convert their ideas from proof of concept to minimum viable proto-type and also  provide support for patent filing.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHO HAS BEEN APPOINTED AS THE MD AND CHIEF EXECUTIVE OF THE SBI PENSION FUNDS PVT LTD?
a)  Kumar Sharadindu
b)  Navnet Munot
c)  Praveen Gupta
d)  Arijit Basu
Q2. NAME THE FIRST SUBMARINE-LAUNCHED CRUISE MISSILE SUCCESSFULLY TEST FIRED BY PAKISTAN.
a)  Babur-2
b)  Babur-3
c)  Aurangzeb-2
d)  Abdali-I
Q3. WHO OF THE FOLLOWING HAS BEEN NAMED AS THE NEW BRAND AMBASSADOR OF SMARTPHONE BRAND GIONEE?
a)  Kapil Sharma
b)  MS Dhoni
c)  Ranbir Kapoor
d)  Virat Kohli
Q4. WHICH EMINENT PERSONALITY WAS HONOURED BY THE US EMBASSY FOR HIS CONTRIBUTION TOWARDS THE INDIA-US PARTNERSHIP ON TUBERCULOSIS?
a)  Amir Khan
b)  Amitabh Bachchan
c)  Vidya Balan
d)  Irfan Khan
Q5. WHICH STATE HAS LAUNCHED INDIA’S FIRST STUDENT STARTUP AND INNOVATION POLICY?
a)  Kerala
b)  Goa
c)  Gujarat
d)  Himachal Pradesh

ANSWER

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