DAILY CURRENT AFFAIRS: 15TH MAR 2017

DAILY CURRENT AFFAIRS: 15TH MAR 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
             
1. FOOTWEAR DESIGN AND DEVELOPMENT INSTITUTE BILL, 2017 INTRODUCED IN LOK SABHA
i. The Commerce & Industry Minister Nirmala Sitharaman introduced the Footwear Design and Development Institute Bill, 2017 in the Lok Sabha in order to declare the FDDI as an Institution of National Importance.
ii. Its objective is to enable FDDI emerge as Centre of Excellence to meet with the international standards and address the shortage of trained human resource in the sector.
iii. The Bill seeks to facilitate and promote teaching, training and research in all disciplines relating to design and development of Footwear and leather products.
iv. The institute shall consist of a governing council where chairperson shall be an academician, scientist or industrialist from the leather sector to be nominated by the central government.
iv. The central government shall have the power to remove the chairperson or other members or reconstitute the governing council if it considers it appropriate to do so.
v. It will also develop an international centre for creation and transmission of information, with a focus on educational, professional and industrial commitments.

2. GOVERNMENT ESTABLISHES BANANA RESEARCH CENTRE IN VAISHALI DISTRICT OF BIHAR
i. Shri Radha Mohan Singh, The Union Agriculture and Farmer’s Welfare Minister laid the foundation stone of the Banana Research Centre at Gorole, Vaishali, Bihar Centre to fulfill the aspirations of the local banana growers.
ii. The new centre will work to find reasons behind less production in banana, enhancement in acreage for cultivation, suitable utilization of the various parts of the plants, different products, marketing and value addition.
iii. The new research centre at Vaishali will let the research work to get more momentum to bring a new era of banana cultivation in Bihar and surrounding states
iv. India is the largest producer of banana in the world. Among the states, Maharashtra is the largest producer followed by Tamil Nadu.

3. RBI LIKELY TO OPEN UPI PLATFORM FOR DIGITAL WALLETS SOON
i. The Reserve Bank of India is set to open up the Unified Payment Interface platform for digital wallets firms as part of the government’s digitization campaign.
ii. Presently, the digital wallets can access the UPI network through partner banks to facilitate bank-to-bank money transfers.
iii. The initiative will enable the digital wallets such as Paytm and MobiKwik to become inter-operable and also help them to expand their business model.
iv. RBI is expected to issue guidelines shortly on inte`roperability and ‘know your customer’ norms for digital wallet companies as well as the interchange fees to be levied between the wallets to access the UPI framework.


4. MADHYA PRADESH REWA SOLAR PLANT TO RECEIVE LOAN FROM WORLD BANK
i. An international financial institution, World Bank has agreed to provide loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar project in Madhya Pradesh.
ii. This was officially announced by Public Relations Department official in New Delhi.
iii. RUMS become India’s 1st solar power project of the country to receive a loan under CTF.
iv. It will provide 75% of the loan amount with an interest rate of only 0.25% and remaining 25 % of the loan amount under its Clean Technology Fund, money will be provided at an interest rate of only 0.25%”.

5. FORMER DEFENCE MINISTER MANOHAR PARRIKAR SWORN IN AS GOA CM
i. Former Defence Minister Manohar Parrikar was sworn in as Goa CM for 4th time at the Raj Bhavan in Panaji, Goa. Goa Governor Mridula Sinha administered the oath of office and secrecy to the CM and 8 other ministers who also took the oath.
ii. Supreme Court has given Mr. Parrikar 48 hours to prove his majority on the floor of the house on March 16.

6. MANIPUR CM IBOBI SINGH RESIGNS, BIREN SINGH TO BE SWORN IN NEXT CM
i. The incumbent CM of Manipur Okram Ibobi Singh resigned from the post giving way for formation of a new ministry under the BJP.
ii. In 60-member assembly of Manipur, BJP won 21 seats.
iii. The BJP’s Nongthombam Biren Singh will take oath as Manipur’s next CM along with his council of ministers in the presence of BJP president Amit Shah and Union Minister Jitendra Singh.

7. RELIANCE COMMERCIAL FINANCE APPOINTS DEVANG MODY AS CEO
i. Devang Mody was appointed as CEO of Reliance Commercial Finance Ltd ,a subsidiary of Reliance Capital.
ii. Prior to this, Mody served as president of consumer business at Bajaj Finance.
iii. He has over 20 years of experience in the financial sector.

8. FILMMAKER AND CHILDREN’S AUTHOR AMY KROUSE ROSENTHAL DIED
i. Popular American author, public speaker and filmmaker, Amy Krouse Rosenthal died to ovarian cancer.
ii. Her writings included both adult and children’s books. She has written more than 30 books that include journals, memoirs and the bestselling children’s picture stories Uni the Unicorn and Duck! Rabbit!

9. COMMONWEALTH DAY: MARCH 13, 2017
i. Common wealth Day is celebrated annually across the Commonwealth of Nations on the 2nd Monday in March.
ii. Its objective is to come together and celebrate its values and diversity.
iii. 2017 Theme was “A peace-building Commonwealth”.

OBJECTIVE QUESTION BASED ON TODAY’S NEWS
Q1. IN WHICH OF THE GIVEN STATES, GOVERNMENT HAS LAID THE FOUNDATION STONE OF BANANA RESEARCH CENTRE TO CATER TO THE NEEDS OF BANANA GROWERS?
a)  Maharashtra
b)  Tamil Nadu
c)  Bihar
d)  Madhya Pradesh

Q2. WHICH FINANCIAL INSTITUTION IS SET TO PROVIDE LOAN FOR THE UPCOMING REWA ULTRA MEGA SOLAR PROJECT IN MADHYA PRADESH?
a)  International Monetary Fund
b)  Asian Development Bank
c)  Reserve Bank of India
d)  World Bank

Q3. WHO HAS BEEN SWORN IN AS THE NEW CHIEF MINISTER OF GOA?
a)  M. Venkaiah Naidu
b)  Manohar Parrikar
c)  Amit Shah
d)  Laxmikant Parsekar

Q4. 51 YEAR OLD AMY KROUSE ROSENTHAL WHO DIED RECENTLY WAS A RENOWNED ____?
a)  Journalist
b)  Actor
c)  Author
d)  Singer

Q5. WHO HAS BEEN APPOINTED AS THE NEW CHIEF EXECUTIVE OFFICER OF RELIANCE COMMERCIAL FINANCE LTD?
a)  Ashok Mishra
b)  Devang Mody
c)  Deepak Jain
d)  Pawan Kumar


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