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Thursday, August 10, 2017

DAILY CURRENT AFFAIRS: 8 AUG 2017

DAILY CURRENT AFFAIRS: 8 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. GOVT MERGES NCRB WITH BPRD
i. Union Home Ministry passed an order to merge the three-decade old National Crime Records Bureau with Bureau of Police Research and Development.
ii. Government has taken this decision with an aim to improve administrative efficiency and optimal utilisation of resources.
iii. The BPRD Director General will be the head of the merged new entity, where the NCRB Director, an Additional DG rank post will report to the former.

2. PNB CUSTOMERS TO PAY HIGHER CHARGES FOR NON-CREDIT SERVICES
i. PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.
ii. Currently, the customers of Punjab National Bank are levied charges only for depositing cash over Rs 25,000 at a non-base branch within the same city. A customer will have to pay Re 1 per Rs 1,000 for above Rs 5,000 cash deposit or part thereof with a minimum of Rs 25 per transaction.
iii. It has been decided to revise the non-credit related charges exclusive of GST with effect from 1st of September 2017 for cash deposit above Rs 5,000 at other than base branch within the same city.
iv. The bank has also revised upwards the cheque returning charges for a payment of above Rs 1 cr to Rs 2,000 for first cheque and Rs 2,500 for subsequent bounces.
v. Currently, for a cheque returns of above Rs 1 cr, the charges are Rs 1,000 for first cheque and Rs 1,500 for subsequent instances.
vi .At an outstation branch, cash deposit up to Rs 5,000 will be free of cost from 1st of September, which at present is limited for Rs 25,000. For above Rs 5,000 cash deposit at outstation branch, the bank will levy Rs 2 per Rs 1,000 or part thereof with a minimum of Rs 25 per transaction.

DAILY CURRENT AFFAIRS: 7 AUG 2017

DAILY CURRENT AFFAIRS: 7 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. MUGHALSARAI RAILWAY STATION IN UTTAR PRADESH RENAMED AFTER DEEN DAYAL UPADHYAY
i. The Yogi Adityanath cabinet in Uttar Pradesh has approved a proposal to rename the Mughalsarai railway station near Varanasi after the Jan Sangh leader who died in 1968.
ii. The centre has approved a proposal to rename the Mughalsarai railway station in Uttar Pradesh after RSS ideologue Deen Dayal Upadhyaya.
iii. The decision is a part of Adityanath government’s celebrations to mark the centenary of Upadhyay competitions at district and state level. The name of the famous Chhatrapati Shivaji Terminus in Mumbai was recently changed to Chhatrapati Shivaji Maharaj Terminus this year by Central Railways.
iv. The Western Railways this year has changed the name of Elphinstone Road Station in Mumbai to Prabhadevi. The Central government has approved the notice to rename Bangalore City Railway station to “Krantivira Sangolli Rayanna” in honour of Karnataka’s 19th century revolutionary freedom fighter in 2015.
v. The Central government in July 2016 gave its approval to rename Mhow Railway station in Indore district of Madhya Pradesh after Dalit leader B R Ambedkar.

2. ASSAM GOVERNMENT ALL SET TO DISTRIBUTE 13 LAKH SOIL HEALTH CARDS AMONG FARMERS
i. The state government of Assam has decided to distribute 13 lakh Soil Health Cards among farmers.
ii. Agriculture minister Atul Bora has mentioned that 214 soil test kits are operational for this purpose and that the government would soon be announcing a State Agriculture policy.
iii. The emphasis has been given to successfully implement Pradhan Mantri Krishi Sichai Yojna in the state. Under crop insurance the state government has also released a sum of Rs 7.54 Cr as subsidy to farmers.
iv. The govt. has sanctioned 600 cr rupees for Prime Minister Awas Yojna Urban scheme in Assam.

DAILY CURRENT AFFAIRS: 6 AUG 2017

DAILY CURRENT AFFAIRS: 6 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. GREEN AIRPORTS IN ANDHRA PRADESH
i. Minister of State in the Ministry of Civil Aviation Shri Jayant Sinha informed that the Indian Government is encouraging to develop green airports.
ii. The Cochin International Airport Limited became the 1st airport in the world, to be completely powered by solar energy.
iii. Airports Authority of India has inaugurated installation of 1MWp solar power plant at Tirupathi and Vijaywada Airports. Based on the capacity permissible under Net-Metering policy of States, AAI has set up Solar Power Plants at various airports for its captive power consumption.
iv. AAI has completed installation of solar power plants at 29 airports of different locations with a total capacity of 12.84 MWp.

DAILY CURRENT AFFAIRS: 5 AUG 2017

DAILY CURRENT AFFAIRS: 5 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. 2ND AGRI UDAAN PROGRAM LAUNCHED IN DELHI
i. In an attempt to promote innovation and entrepreneurship in agriculture, Government launched “AGRI UDAAN”- Food and Agribusiness Accelerator 2.0 programme in New Delhi. The program will be run by ICAR-NAARM Technology Business Incubator, a-IDEA and Indian Institute of Management Ahmadabad’s Center for Innovation, Incubation and Entrepreneurship.
ii. This is a 6 month program in which shortlisted agri startups with promising innovative business models will be mentored & guided to scale up their operations. AGRI UDAAN will be reaching out to agri-startups across the country with a series of road shows in Chandigarh, Bangalore, Ahmedabad, Pune, Kolkata & Hyderabad.

DAILY CURRENT AFFAIRS: 4 AUG 2017

DAILY CURRENT AFFAIRS: 4 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. LOK SABHA PASSES TWO KEY BILLS FOR IMPLEMENTATION OF GST IN J&K
i.  Lok Sabha passed two bills, CGST (Extension to Jammu and Kashmir) Bill, 2017 and IGST (Extension to Jammu and Kashmir) Bill, 2017, extending Central Goods and Services Tax and Integrated Goods and Services Tax to Jammu and Kashmir.
ii. The two Bills passed by the House by a voice vote are aimed at giving effect to the formal amendments required in Central GST and Integrated GST Acts by removing the exemption that was carved out for Jammu &Kashmir.
iii. Finance Minister Arun Jaitley has mentioned that GST is in the larger interest of traders and consumers of Jammu and Kashmir and extending Central GST and Integrated GST to Jammu and Kashmir will ensure greater economic integration of the state with rest of the country.

2. GOVT INKS MOA TO SET UP IRRI’S REGIONAL CENTRE IN VARANASI
i. Union Agriculture Ministry  signed a memorandum of association for setting up a regional centre of the International Rice Research Institute in Varanasi, Uttar Pradesh to develop high- yielding rice varieties.
ii. The MoA was signed between Agriculture Secretary Shobhana K Patnaik and IRRI Director General Matthew Morell.
iii. IRRI’s South Asia Regional Centre will be set up at the campus of National Seed Research and Training Centre in Varanasi.

3. RECENT APPROVALS BY CENTRAL GOVERNMENT: AUGUST 3, 2017
i. Union Cabinet chaired by PM Narendra Modi approved following bilateral agreements and initiatives: Cabinet apprised of MOU between India and Spain on India-Spain cooperation in renewable energy
ii. Union Cabinet has given its ex-post facto approval for a Memorandum of Understanding signed among India and various BRICS countries (Brazil, Russia, China & South Africa) for establishment of the BRICS Agriculture Research Platform.
iii. The Union Cabinet cleared a proposal to extend proxy voting to overseas Non –Resident Indians.

DAILY CURRENT AFFAIRS: 3 AUG 2017

DAILY CURRENT AFFAIRS: 3 AUG 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. BRICS TRADE MINISTERS MEETING HELD IN SHANGHAI
i. Union Commerce Minister Nirmala Sitharaman attended BRICS Trade Ministers meeting in Shanghai, China. On the sidelines of this meeting she also held meeting with Chinese Minister of Commerce Zhong Shan.
ii. Measures to expand e-commerce cooperation among Brazil, Russia, India, China and South Africa were discussed at this meeting.
iii. Economic and technological cooperation was included in the agenda for the 1st time in the trade ministers’ meeting’s history to improve the bloc’s capabilities in service trade, e-commerce and other fields.

2. JUSTICE B.N SRIKRISHNA HEADED COMMITTEE TO STUDY ISSUES RELATED TO DATA PROTECTION
i. The Ministry of Electronics and Information Technology has appointed an expert panel committee that would study various issues relating to data protection in the country and will suggest a draft data protection Bill.
ii. It is a 10 member panel and it is headed by Supreme court Judge (retired) Justice B N Srikrishna. The panel includes the members from government, academia and industry will study and identify key data protection issues and recommend methods to address them.
iii. The committee will design a broader framework which will cover all other kinds of data and ensure that the deliberations on the issue start as soon as possible.
iv. The panel includes the following members: Rajat Moona, Director, IIT Raipur, is a key member in the panel, Rama Vedashree is CEO of Data Security Council of India, Ajay Kumar, Additional Secretary, IT Ministry, Ajay Bhushan Pandey is CEO of Unique Identification Authority of India, UIDAI, Aruna Sundararajan is Secretary, Department of Telecom, Arghya Sengupta, Research Director of Vidhi Centre for Legal Policy, Rajat Moona, Director of IIT Raipur and Gulshan Rai, National Cyber Security Coordinator.

3. RESERVE BANK ANNOUNCES ITS THIRD BI-MONTHLY POLICY REVIEW OF CURRENT FISCAL
i. Reserve Bank of India announced 3rd Bi-Monthly Monetary Policy Statement for financial year 2017-18. This time, RBI has cut the policy repo rate by 25 basis points to 6%.
ii. Policy Repo Rate- 6.00% , Reduced by 25 basis points. Earlier it was 6.25%.
Reverse Repo Rate- 5.75% , Reduced by 25 basis points. Earlier it was 6.00%.
Bank Rate- 6.25% , Reduced by 25 basis points. Earlier it was 6.50%.
Marginal Standing Facility Rate-    6.25% , Reduced by 25 basis points. Earlier it was 6.50%.
iii. Statutory Liquidity Ratio- 20.00% , Unchanged – since 7th June 2017.
Cash Reserve Ratio- 4.00% , Unchanged – since 9th February 2013.

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