DAILY CURRENT AFFAIRS: 1ST JAN 2017

DAILY CURRENT AFFAIRS: 1ST JAN 2017
(Daily News India)
Shared By: WWW.DailyGk.IN

1. PM ANNOUNCES NUMBER OF MEASURES ON NEW YEAR’S EVENING
i. PM Modi made a series of announcements aimed at the welfare of the entire Citizen of the Country with main focus on the senior citizens, farmers, rural housing, women and small entrepreneurs to lighten the burden of demonetization.
ii. 3 crore Kisan Credit Cards will be transformed to RuPay credit cards. Additional fund of 20,000 crore given to NABARD to give loans to farmers.
iii. PM says small traders and businesses with a turnover of up to Rs 2 crore, 6% tax will be levied instead of 8% if they accept payments through banking and digital means.
iv. For pregnant women, a national scheme launched. Would be Mothers will get Rs. 6,000 for their delivery, vaccination, and nutritious meals.

2. RBI EXTENDS THE DEMONETIZED CURRENCY EXCHANGE DATE FOR NRIS
i. The Reserve Bank of India has taken a relief providing decision for the Non-Resident Indian and Indian Citizens who were staying abroad since November 9 to December 31 post demonetization decision.
ii. The Indian Citizens can exchange their demonetized notes up to March 31, 2017 while the Non Resident Indian citizens can avail this facility up to June 30, 2017.
iii. The bank informed that there would not be any limit for Indian residents while for the NRIs the maximum limit would be Rs 25,000.

3. JUSTICE MIAN SAQIB NISAR APPOINTED AS 25TH CHIEF JUSTICE OF PAK
i. Justice Mian Saqib Nisar has taken oath as the 25th Chief Justice of Pakistan.
ii. Justice Nisar has replaced Justice Anwar Zaheer Jamali.

4. SIKKIM BECAME INDIA’S FIRST FULLY ORGANIC STATE
i. Sikkim has emerged as the India’s first fully organic state by converting around 75,000 hectares of agricultural land into sustainable cultivation.
ii. PM Narendra Modi formally certified Fully Organic State Status to Sikkim at a sustainable agriculture conference in Gangtok.


5. BRITISH-INDIAN PROFESSOR SHANKAR BALASUBRAMANIAN RECEIVES KNIGHTHOOD
i. Indian- origin British professor Shankar Balasubramanian has received a Knighthood by Queen Elizabeth II for their contributions.
ii. Balasubramanian Professor of Medicinal Chemistry at Cambridge University, has been recognised for his work as a co-inventor of Next Generation DNA sequencing, described as the most transformational advance in biology and medicine for decades

6. GOVT PERMITS 12 PSU BANKS TO RAISE RS 3,000 CR FROM MARKET
i. The Central government had infused a sum of Rs 25,000 crore in 19 PSBs during FY 2015-16.In this Rs. 22,915 crore was allocated to 13 PSBs on July 19, 2016.
ii. The remaining amount Rs 2,914.038 crore will be released on assessment of performance of 12 PSBs, the Department of Finance in its year-end review for 2016
iii. The Finance Minister Arun Jaitleyhas granted its approval to 12 proposals of PSBs to raise a sum of Rs 2,914.038 crore through preferential allotment and permission given to raise Rs 200 crore by United Bank of India through QIP mode.

7. TWO HINDI WRITERS HONORED BHARATIYA JANANPITH NAVLEKHAN AWARD
i. Bharatiya Jnanpith has been conferred  2 new Hindi writers, Shraddha and Ghyansham Kumar Devansh, with the 2016 Bharatiya Jnanpith Navlekhan Award for their first creation.



OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. PM MODI ON DECEMBER 31 HAS ANNOUNCED TO CONVERT HOW MANY KISAN CREDIT CARD INTO RUPAY CARD IN THE NEXT 3 MONTHS?
a)  3 Crore
b)  7 Crore
c)  5 Crore
d)  10 Crore
Q2. WHO OF THE FOLLOWING HAS APPOINTED AS THE 25TH CHIEF JUSTICE OF PAKISTAN?
a)  Nazir Ahmed Butt
b)  Mian Saqib Nisar
c)  Mazhar Jami
d)  Rizwan Akhtar
Q3. WHICH TWO NEW HINDI WRITERS HAVE BEEN CONFERRED WITH THE 2016  BHARATIYA JNANPITH NAVLEKHAN AWARD?
a)  Vishnu Nagar and Govind Prasad
b)  Tasneem Khan and Upasana
c)  Madhusudan Anan and Om Nischal
d)  Shraddha and Ghyansham Devansh
Q4. WHAT IS THE NEW EXTENDED DEADLINE ANNOUNCED BY THE RBI FOR THE NON RESIDENT INDIAN CITIZENS TO EXCHANGE THE DEMONETIZED NOTES?
a)  June 30, 2017
b)  March 31, 2017
c)  July 31, 2017
d)  April 1, 2017
Q5. PM MODI ANNOUNCED HOW MUCH FINANCIAL BENEFIT TO THE PREGNANT WOMEN IN RURAL AREAS AS?
a)  Rs. 4000
b)  Rs. 2500
c)  Rs. 6000
d)  Rs. 5500

ANSWER: 
            1 – A   2 –B    3 – D   4 – A      5 - C