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Thursday, December 14, 2017

DAILY CURRENT AFFAIRS: 11 DEC 2017

DAILY CURRENT AFFAIRS: 11 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      RUSSIA-INDIA-CHINA FOREIGN MINISTERS MEET BEGINS IN DELHI
i. Foreign Ministers of Russia, India, and China are holding a trilateral meeting in New Delhi. The meeting is expected to review global and regional issues of mutual interest as well as discuss trilateral exchanges and activities.
ii. The External Affairs Minister will have separate bilateral meetings with her Russian and Chinese counterparts. Russian Foreign Minister Sergey Lavrov and Minister of Foreign Affairs of China Wang Yi have arrived in New Delhi.

2.      CHINA STARTS WORLD'S BIGGEST FLOATING SOLAR PROJECT
i. A unit of China Three Gorges Corp. is building a 1 billion yuan ($151 million) floating solar power plant, the world’s biggest, in the nation’s eastern province of Anhui. China Three Gorges New Energy Co. started building the 150-megawatt project in July and part of the plant was connected to the grid.
ii. The project features panels fixed to floats on the surface of a lake that formed after a coal mine collapsed, according to the unit. The entire facility is expected to come online by May 2018.

3.      INDIA INX GETS SEBI GO-AHEAD FOR LISTING OF DEBT SECURITIES
i. BSE's India International Exchange has received approval from the capital market regulator SEBI on the framework for the listing of debt securities.
ii. The move will enable Indian and foreign issuers to issue masala bonds, Eurobonds, and foreign currency bonds from India INX at International Financial Service Centre at Gujarat International Finance Tech for the first time.

4.      UMA SHANKAR APPOINTED RBI EXECUTIVE DIRECTOR
i. Uma Shankar, chief general manager in charge of the Reserve Bank of India's financial inclusion and development department has taken over as executive director in the central bank.
ii. Shankar has been elevated after Meena Hemchandra the executive director in charge of the central bank's supervision department retired recently.

5.      UTTARAKHAND GOVERNMENT MAKES LED BULBS COMPULSORY IN ALL GOVERNMENT OFFICES
i. The state government of Uttarakhand has taken a new initiative for energy conservation by making it compulsory for all government offices to install LED bulbs.
ii. The move is expected to reduce the consumption of electricity in offices and civic areas. All the District Magistrates and Head of Departments have been directed to strictly follow the orders, following sanctions by the state cabinet. The purchase of sodium vapour lamps and incandescent lamps by all the state departments has also been banned.

6.      MARUTI SUZUKI REPLACES SBI AS 6TH MOST VALUABLE INDIAN FIRM
i. India's largest carmaker Maruti Suzuki became India's sixth most valued firm, crossing India's largest lender State Bank of India.
ii. Maruti Suzuki's market capitalization stood at Rs 2.73 trillion, marginally ahead of SBI's market value of Rs 2.70 trillion. Reliance Industries is the country's most valued company with a market value of Rs 5.83 trillion, followed by TCS, HDFC Bank, ITC and Hindustan Unilever.

DAILY CURRENT AFFAIRS: 10 DEC 2017

DAILY CURRENT AFFAIRS: 10 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.   SURESH PRABHU IN ARGENTINA TO ATTEND 11TH MINISTERIAL CONFERENCE OF WTO
i. Commerce and Industry Minister Suresh Prabhu is in Buenos Aires, Argentina to attend the 11th Ministerial conference of the World Trade Organization.
ii. Trade in Services remains an area of key interest to India and other developing countries.

2.   GIRIRAJ SINGH LAUNCHES PUBLIC PROCUREMENT PORTAL FOR MSES - MSME SAMBANDH
i. A Public Procurement Portal ‘MSME Sambandh’ was launched by Shri Giriraj Singh, Minister of State (I/C) for MSME in New Delhi.
ii. The objective of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises.

3.   INDIA TO ACHIEVE ‘ELECTRICITY FOR ALL’ BY EARLY 2020S: IEA
i. Half a billion people have gained access to electricity in India since 2000, almost doubling the country’s electrification rate, according to the World Energy Access report released by the International Energy Agency.
ii. This “remarkable” growth puts India on course to achieving access to electricity for all in the early 2020s, the report added.

4.   SARVESH TIWARI APPOINTED AS PRESIDENT PARA SPORTS FOUNDATION
i. On the occasion of International Day of Persons with Disabilities, a renowned communication expert, Sarvesh Kumar Tiwari, was appointed as the President of Para-Sports Foundation, India.
ii. The announcement was made at the National Award for Divyangjan 2017 at Vigyan Bhawan, New Delhi. Para Sports Foundation is a non-profit organization working towards the social welfare of persons with disabilities.

DAILY CURRENT AFFAIRS: 9 DEC 2017

DAILY CURRENT AFFAIRS: 9 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INTERNATIONAL CONFERENCE ON GROUNDWATER ORGANIZED
i. An International conference is being organized on the Groundwater issues in the country with a theme of “Groundwater Vision 2030- Water Security, Challenges, and Climate Change Adaptation”.
ii. The conference has been organized by the National Institute of Hydrology, Roorkee and Central Ground Water Board under the aegis of Ministry of Water Resources, River Development and Ganga Rejuvenation.

DAILY CURRENT AFFAIRS: 8 DEC 2017

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

1.      PM MODI INAUGURATED B R AMBEDKAR INTERNATIONAL CENTRE
i. PM Narendra Modi inaugurated the BR Ambedkar International Centre in New Delhi. The PM also unveiled two statues of the Dalit icon at the center in Janpath.
ii. Union Sports and Youth Affairs Minister Vijay Goel was also present at the event. The center was a fusion of Buddhist and modern architecture. He had laid the foundation stone of the center in 2015.

2.      GOVT SETS UP PANEL TO ADDRESS NPAS IN POWER SECTOR
i. The government has set up a high-level committee headed by NITI Aayog chief executive Amitabh Kant to address the problem of stressed assets in India's power sector.
ii. Non-performing assets in power generation accounted for around 5.9% of the banking sector’s total outstanding advances of Rs4.73 trillion, according to the second volume of the Economic Survey 2016-17.

3.      INDIAN AND ITALY SIGN MOU FOR COOPERATION IN AGRICULTURE AND PHYTOSANITARY ISSUES
i. Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh with H.E Maurizio Martina, Italian Minister for Agriculture Food and Forestry Policies have signed a new MoU for cooperation in Agriculture and Phytosanitary issues that will replace the one signed in 2008.
ii. The MOU provides a good framework for cooperation in this field. India has contributed 37 million USD in the 10th replenishment of IFAD for the period 2016-2018. Mr. Singh with the Italian Minister participated in the AGRIMACH India, 2017.

4.      INDIA AND CUBA SIGN MOU FOR ENHANCED COOPERATION IN HEALTH SECTOR
i. India and Cuba signed a Memorandum of Understanding for enhanced cooperation in the health sector.
ii. The objective of this MoU is to establish comprehensive inter-ministerial and inter-institutional cooperation between the two countries in the field of health by pooling technical, scientific, financial and human resources in both countries.

5.      UNESCO INSCRIBES 'KUMBH MELA' ON THE REPRESENTATIVE LIST OF INTANGIBLE CULTURAL HERITAGE OF HUMANITY
i. UNESCO has inscribed 'Kumbh Mela' on the Representative List of Intangible Cultural Heritage of Humanity. The decision was taken during the 12th session of the Intergovernmental Committee on Intangible Cultural Heritage at Jeju in South Korea.
ii. This inscription is the third in two years following the inscriptions of 'Yoga' and 'Nouroz' on 1st December 2016. The 'Kumbh Mela' is the largest peaceful congregation of pilgrims on the earth.

6.      PAYTM UNVEILS 'PAYTM KA ATM' PARTNER OUTLET FOR BANKING OPERATIONS
i. India's largest digital bank Paytm Payments Bank is the only bank providing zero balance accounts and zero charges on digital transactions. The bank has unveiled 'Paytm Ka ATM' outlets that allows customers to open Saving Accounts and deposit/withdraw money from their bank accounts.
ii. In the first phase, Paytm has started with 3,000 'Paytm Ka ATM' points in select cities including Delhi NCR, Lucknow, Kanpur, Allahabad, Varanasi, and Aligarh.
iii. These outlets feature local banking correspondents who help customers in depositing and withdrawing money from their Paytm Payments Bank account, making banking simpler and more accessible for one and all.

7.      AUSTRALIAN GOVERNMENT PASSES MARRIAGE EQUALITY LAW
i. Australia’s parliament has legislated for marriage equality, passing a bill almost unanimously to allow two people, regardless of sex, to marry.
ii. The House of Representatives passed a cross-party bill after an unprecedented national postal survey gave unstoppable momentum to legislate the historic social reform. Australia, which changed the law in 2004 to say that marriage is only between a man and a woman, now becomes the 25th country to recognize same-sex marriage.

8.      SWIGGY APPOINTS VISHAL BHATIA AS CEO OF NEW SUPPLY BUSINESS
i. Online food delivery start-up Swiggy (Bundl Technologies Pvt. Ltd) has appointed Vishal Bhatia as the chief executive officer for its new supply business.
ii. Bhatia comes with 19 years of experience in consumer goods firms like Reckitt Benckiser Group, PepsiCo and Britannia.

9.      CENTER ENHANCES MONETARY ALLOWANCES FOR GALLANTRY AWARD WINNERS
i. The Government has enhanced the monetary allowances for the Gallantry Award winners.
ii. The enhancement is for the recipients of post-independence Gallantry Award, pre-independence Gallantry Award and the monetary allowance attached to 'Jangi Inam', a pre-independence Gallantry Award. The allowances have been doubled in most of the cases and in a few cases have been increased by more than 100%.

10.  INDIA WINS FIRST-EVER SOUTH ASIAN REGIONAL BADMINTON TEAM CHAMPIONSHIP
i. India has won the first-ever South Asian Regional Badminton Team Championship. In the title clash played in Guwahati, India defeated Nepal, 3-0.
ii. In the boys’ singles competition Aryaman Tandon defeated Dipesh Dhami while Ashmita Chaliha defeated Rashila Maharjan in the Girls’ singles event.
iii. In Boys’ Doubles, the pair of Arintap Dasgupta and Krishna Prasad came back from a game behind to beat the duo of Dipesh Dhami and Nabin Shrestha.

11.  JOHNNY HALLYDAY, FRANCE'S 'ELVIS PRESLEY' PASSES AWAY'
i. France's biggest rock star Johnny Hallyday has died after a battle with lung cancer. He was 74. The singer sold about 100 million records and starred in a number of films in a career that began in 1960.
ii. He was made a Chevalier of the Legion D'Honneur by President Jacques Chirac in 1997.

12.  ARMED FORCES FLAG DAY- 07 DECEMBER
i. Armed Forces Flag Day is being observed throughout the country on 7 December to honor the martyrs and the men in uniform who valiantly fought on our borders to safeguard the country's honor.
ii. The day marks the annual Armed Forces Flag day in India since 1949.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. INDIA AND WHICH COUNTRY HAS RECENTLY SIGNED MOU FOR COOPERATION IN AGRICULTURE AND PHYTOSANITARY ISSUES?
a)  Australia
b)  Japan
c)  Italy
d)  Malaysia
Q2. WHICH OF THE FOLLOWING HAS BEEN RECOGNIZED BY UNESCO AS INDIA’S INTANGIBLE CULTURAL HERITAGE OF HUMANITY IN 2017?
a)  Kumbh Mela
b)  Ramman
c)  Mudiyettu
d)  Sankirtana
Q3. INDIA AND WHICH COUNTRY HAS RECENTLY SIGNED MOU FOR ENHANCED COOPERATION IN THE HEALTH SECTOR?
a)  Mauritius
b)  South Africa
c)  Seychelles
d)  Cuba
Q4. THE 2017 ARMED FORCES FLAG DAY IS CELEBRATED ON WHICH DATE IN INDIA?
a)  December 8
b)  December 6
c)  December 9
d)  December 7
Q5.  THE BR AMBEDKAR INTERNATIONAL CENTRE HAS RECENTLY LAUNCHED IN WHICH CITY?
a)  Lucknow
b)  New Delhi
c)  Indore
d)  Pune

ANSWERS: 

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

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