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Thursday, May 31, 2018

DAILY CURRENT AFFAIRS: 16 MAY 2018


DAILY CURRENT AFFAIRS: 16 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

  1. INDIA 3RD LARGEST SOLAR MARKET IN WORLD: MERCOM REPORT
i. India emerged as the third largest solar market in the world in 2017 behind China and the US, according to the report of Mercom Communications India.
ii.. As per the report, India set a new record with 9.6 GW of solar installations in 2017, which was more than double the 4.3 GW installed in 2016.
iii. The robust growth boosted the country's total solar installed capacity to 19.6 GW as of December 2017.

  1. YES BANK LAUNCHES AGENDA 25×25
i. YES Bank launched Agenda 25×25, which pledges to create a synergetic startup environment for budding women entrepreneurs in India.
ii.The effort would ensure that by 2025 at least 25% of all entrepreneurs in India are women.
iii. The bank made the announcement at the YES Bank – YES Global Institute Annual Startup Conclave hosted in partnership with NITI Aayog, Invest India, Startup India and Atal Innovation Mission.

  1. SHASHANK MANOHAR TO SERVE 2ND TERM AS ICC CHAIRMAN
i. Former BCCI President Shashank Manohar will serve a second two-year term as the independent chairman of the International Cricket Council after he was elected unopposed by the governing body's Board.
ii. Mr Manohar became the first independent ICC Chairman in 2016.

Wednesday, May 23, 2018

DAILY CURRENT AFFAIRS: 15 MAY 2018


DAILY CURRENT AFFAIRS: 15 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

  1. SMRITI IRANI CHAIRS MEETING OF STAKEHOLDERS ON ‘SAMARTH’- SCHEME IN DELHI
i. A meeting of stakeholders on 'Samarth' – Scheme for Capacity Building in Textile Sector under the Skill India Mission was held in New Delhi to familiarize the stakeholders about the scheme and its guidelines.
ii.The meeting was chaired by Union Minister of Textiles, Smriti Zubin Irani.
iii. The broad objective of the new scheme is to skill the youth for gainful and sustainable employment in the textile sector covering the entire value chain of textiles, excluding spinning and weaving.

  1. INDIA UNVEILS NATIONAL WIND-SOLAR HYBRID POLICY
i. To boost clean energy generation, the Ministry of New and Renewable Energy  unveiled a National Wind-solar Hybrid Policy which seeks to promote new projects as well as hybridisation of the existing ones.
ii. Under the scheme, the government would bid out wind-solar hybrid projects on tariff-based competitive bidding and these projects can be set up anywhere across the country depending on feasibility and land availability with bidders.

  1. CIPAM-DIPP ORGANIZES A CONFERENCE ON NATIONAL IPR POLICY
i. The Cell for IPR Promotion and Management , a professional body under the aegis of the Department of Industrial Policy & Promotion , organized a conference on successful completion of two years of the National Intellectual Property Rights  Policy adopted by the Government of India in May 2016 in New Delhi.
ii.The National IPR Policy is a vision document that aims to create and exploit synergies between all forms of intellectual property , concerned statutes and agencies.

DAILY CURRENT AFFAIRS: 14 MAY 2018


DAILY CURRENT AFFAIRS: 14 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      UNDP TO SET UP SKILL DEVELOPMENT CENTRE IN HYDERABAD
i. United Nations Development Programme  has announced to set up a skill development centre at 'Bharosa,' an integrated support centre for distressed women and children in Hyderabad.
ii. 'Bharosa,' an initiative of Hyderabad City Police, is a state-of-the-art centre to support women and children who are victims of violence.

2.      PAR PANEL TO LOOK INTO BLACK MONEY RECOVERY, PERFORMANCE OF PSBS
i. A parliamentary panel headed by veteran BJP leader Murali Manohar Joshi decided to study the recovery of black money and performance of public sector banks  among a host of subjects.
ii. The panel will look into the import of uranium for nuclear plants, mining activities and environment, upgrading of India Post offices and the drought situation in the country among other matters.

3.      INDIA, NEPAL AGREE TO EXPAND THEIR PARTNERSHIP FOR SOCIO-ECONOMIC DEVELOPMENT
i. India and Nepal have agreed to expand their partnership for socio-economic development on the basis of principles of equality, trust, respect and mutual benefit.
ii. PM  Modi and his Nepalese counterpart KP Sharma Oli emphasized the need for the regular convening of bilateral mechanisms to review the overall state of bilateral relations.

4.      FITCH PREDICTS 7.3% GROWTH RATE OF INDIA IN 2018-19
i. Credit rating agency Fitch has stated that India's economic growth will accelerate to 7.3% in the current financial year (2018-19) and 7.5% in the next fiscal (2019-20).
ii. Fitch stated the growth rate will accelerate as money supply has recovered to its pre-demonetisation level and disruptions related to the rollout of GST have diminished.

5.      INDIA, LARGEST REMITTANCE-RECEIVING COUNTRY IN WORLD
i. India has become the largest remittance-receiving country in the world, with migrant workers from the country sending home 69 billion US dollars in 2017.

ii. India with 69 billion Dollars, China with 64 billion Dollars and the Philippines with 33 billion Dollars are the three largest remittance-receiving countries in the world in 2017.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. CREDIT RATING AGENCY FITCH HAS STATED THAT INDIA'S ECONOMIC GROWTH WILL ACCELERATE TO ________ IN THE CURRENT FINANCIAL YEAR (2018-19) AND ________ IN THE NEXT FISCAL (2019-20).
(a) 7.3%, 7.5%
(b) 7.2%, 7.5%
(c) 7.1%, 7.3%
(d) 7.5%, 7.8%
Q2. NAME THE COUNTRY THAT HAS BECOME THE LARGEST REMITTANCE-RECEIVING COUNTRY IN THE WORLD, WITH MIGRANT WORKERS FROM THE COUNTRY SENDING HOME 69 BILLION US DOLLARS IN 2017, ACCORDING TO THE REPORT ‘REMITSCOPE – REMITTANCE MARKETS AND OPPORTUNITIES – ASIA AND THE PACIFIC’.
(a) China
(b) India
(c) Philippines
(d) Singapore
Q3. A PARLIAMENTARY PANEL HAS DECIDED TO STUDY THE RECOVERY OF BLACK MONEY AND PERFORMANCE OF PUBLIC SECTOR BANKS (PSBS) AMONG A HOST OF SUBJECTS. THE PANEL IS HEADED BY _____________.
(a) L K Adwani
(b) Narendra Modi
(c) Yashwant Sinha
(d) Murali Manohar Joshi

ANSWERS:
1-a      2-b      3-d

DAILY CURRENT AFFAIRS: 13 MAY 2018


DAILY CURRENT AFFAIRS: 13 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      BOOK RELEASE BY CHIEF OF ARMY STAFF
i. General Bipin Rawat, Chief of Army the Staff released the book 'Across the Bench - Insight into the Indian Military Judicial System' by Lt Gen Gyan Bhushan, former Army Commander and Member 'A', Armed Forces Tribunal, Lucknow Bench.
ii. The book deals with military judicial system vis-a-vis command and management issues within the military establishments.

2.      INTERNATIONAL NURSES DAY: 12 MAY
i. International Nurses Day  is celebrated every year all around the world on 12th of May to commemorate the birth anniversary of the Florence Nightingale and to mark the nurse's contributions towards people’s health.
ii. The International Council of Nurses  has chosen the theme “Nurses A Voice to Lead – Health is a Human right” for IND 2018. It was first celebrated by ICN in the year 1965.

3.      PROF MUHAMMAD YUNUS CONFERRED KISS HUMANITARIAN AWARD 2018
i. Nobel laureate and noted economist Muhammad Yunus was honoured with the 11th KISS Humanitarian Award 2018 at a function held in Bhubaneswar, Odisha.
ii. Yunus is the founder of Grameen Bank and is known as the Father of Microfinance.

DAILY CURRENT AFFAIRS: 12MAY 2018


DAILY CURRENT AFFAIRS: 12MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      NATIONAL TECHNOLOGY DAY: 11 MAY
i. Every year, `National Technology Day' is celebrated across India on May 11 to memorize the anniversary of Shakti, the Pokhran nuclear test held on 11 May 1998.
ii. The National Technology Day 2018 theme is “Science and Technology for a Sustainable Future”. The first nuclear test Pokhran with a code named as ‘Smiling Buddha’ was carried out in May, 1974.

2.      U.S.- INDIA AVIATION SUMMIT HELD IN MUMBAI
i. In collaboration with the U.S.-India Aviation Cooperation Program and the Government of India, US Trade and Development Agency (USTDA) is hosted the 6th U.S.-India Aviation Summit in Mumbai, India.
ii. The American Association of Airport Executives (AAAE) is organizing this visit on behalf of USTDA.

3.      VIJAY PRAHAR EXERCISE OF INDIAN ARMY CONCLUDED IN RAJASTHAN
i. Indian Army’s month-long Vijay Prahar exercise concluded in Suratgarh, Rajasthan. It was conducted by South Western Command of Indian Army.
ii. The exercise was aimed to orchestrate wide spectrum of threats including  Nuclear, Chemical or Biological (NCB) attack which are planned to be tackled through high tempo joint air and land operation.

DAILY CURRENT AFFAIRS: 11 MAY 2018


DAILY CURRENT AFFAIRS: 11 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      15TH ASIA-MEDIA SUMMIT BEGINS IN NEW DELHI
i. The 15th Asia Media Summit has begun in New Delhi.
ii. The theme of the Summit is 'Telling our Stories - Asia and More'. Representatives from 40 countries are participating in the Summit.

2.      RAVI SHANKAR PRASAD LAUNCHES WEBSITE OF DIGITAL INDIA INTERNSHIP SCHEME
i. Union Minister of Electronics and Information Technology Ravi Shankar Prasad launched the website of Digital India Internship Scheme in New Delhi.
ii.Under this scheme, 25 interns will be inducted for a period of three months.
iii. The internship is an opportunity for a student to secure first hand and practical work experience under the guidance of qualified and experienced Supervisor and Mentor.

3.      15TH FINANCE COMMISSION CONSTITUTED ADVISORY COUNCIL
i. The 15th Finance Commission has constituted an advisory council to advise and assist the commission.
ii.The six-member council will be headed by the President of Forum for Strategic Initiatives, Arvind Virmani.
iii. The role and functions of the council will be to advise the commission on any issue or subject related to the Terms of Reference  of the Commission.

4.      CHINA LAUNCHED GAOFEN-5  TO MONITOR AIR POLLUTION
i. China has successfully launched a hyperspectral imaging satellite 'Gaofen-5' for comprehensive observation of the atmosphere, including air pollution which is one of the country's major problems.
ii.The Gaofen-5 satellite was launched off the back of a Long March 4C rocket from the Taiyuan Satellite Launch Center.

5.      NISHA BHALLA CONFERRED WITH 'WEF 2018' AWARD
i. Nisha Bhalla was felicitated at the recently concluded Annual Women Economic Forum  2018 Awards.
ii.WEF is the largest global gathering of women entrepreneurs and leaders worldwide.
iii. Nisha was presented the 'Excellent Woman of Excellence' award for her spiritual service at the event.

6.      BUSINESS OPTIMISM INDEX: INDIA RANKS 6TH, AUSTRIA TOPS
i. India was ranked 6th on Global Optimism Index released as part of Grant Thornton’s International Business Report in the first quarter of 2018.
ii.  India had topped the chart for four years.
iii.The top five nations in the report are Austria, Finland, Indonesia, the Netherlands and the US.

 OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. THE 15TH ASIA MEDIA SUMMIT (AMS) HAS BEGUN RECENTLY IN NEW DELHI UNDER THE THEME 'TELLING OUR STORIES - ASIA AND MORE'. THE AMS 2018, AN ANNUAL SUMMIT OF THE AIBD, KUALA LUMPUR. AIBD STANDS FOR?
(a) Asia-Pacific Institution for Business Development
(b) Asia-Pacific Institution for Bureaucratic Development
(c) Asia-Pacific Institute for Broadcasting Development
(d) None of the given options is true
Q2. UNION MINISTER OF ELECTRONICS AND INFORMATION TECHNOLOGY RAVI SHANKAR PRASAD LAUNCHED THE WEBSITE OF WHICH OF THE FOLLOWING SCHEME IN NEW DELHI UNDER WHICH 25 INTERNS WILL BE INDUCTED FOR A PERIOD OF THREE MONTHS?
(a) Make in India Scheme
(b) Navbharat Scheme
(c) Intern Development Scheme
(d) Digital India Internship Scheme
Q3. THE 15TH FINANCE COMMISSION HAS CONSTITUTED AN ADVISORY COUNCIL TO ADVISE AND ASSIST THE COMMISSION. THE SIX-MEMBER COUNCIL WILL BE HEADED BY ___________.
(a) Arvind Panagariya
(b) Arvind Virmani
(c) Amitabh Kant
(d) rajiv Kumar

Tuesday, May 22, 2018

DAILY CURRENT AFFAIRS: 10 MAY 2018


DAILY CURRENT AFFAIRS: 10 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

  1. SEPTEMBER 2019 CLIMATE SUMMIT TO BE HELD IN NEW YORK: UN CHIEF
i. UN Secretary-General Antonio Guterres announced to hold a climate summit in September 2019 in New York to review the commitments of the 2015 Paris Agreement on Climate Change.
ii. Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit.

  1. THE USA WITHDRAWS FROM IRAN NUCLEAR DEAL
i. President Donald Trump announced US withdrawal from the 2015 landmark nuclear deal with Iran.
ii.Mr Trump signed a fresh set of sanctions against Iran and warned countries against any cooperation with Tehran on its controversial nuclear weapons programme.
iii. The historic nuclear deal was reached in Vienna in July 2015 between Iran and the P5 (the five permanent members of the UN Security Council) along with Germany and the European Union.

  1. WORLD CARTOONIST’S DAY – MAY 5
i. World Cartoonist’s Day is celebrated every year on 5th May 5 to honor all cartoonists.
ii. On 5th May 1895, the first colour cartoon “The Yellow Kid” that was created by Richard F Outcault was published.

Monday, May 21, 2018

DAILY CURRENT AFFAIRS: 9 MAY 2018


DAILY CURRENT AFFAIRS: 9 MAY 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      SCO SECRETARY-GENERAL IN INDIA TO HOLD TALKS WITH UNION MINISTERS
i.  Shanghai Cooperation Organisation Secretary-General Rashid KutbiddinovitchAlimov arrived in New Delhi to hold talks with External Affairs Minister Sushma Swaraj and other Union ministers.
ii. External Affairs Minister   will hold a bilateral meeting with Alimov in Delhi.
iii.India became a full member of SCO in June 2017, at an international summit held in Astana, Kazakhstan.

2.      CBDT APPROVES AMENDMENT OF INDIA-KUWAIT TAX AGREEMENT
i. The Central Board of Direct Taxes  notified the protocol amending the Double Taxation Avoidance Agreement  between India and Kuwait.
ii. The protocol updates the provisions in the DTAA for the exchange of information as per international standards, and also enables sharing of information received from Kuwait for tax purposes with other law enforcement agencies.

3.      INDIA, SRI LANKA AGREE ON INFORMATION EXCHANGE FOR DRUG CONTROL
i. India and Sri Lanka agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries.
ii. A decision to this effect was taken at the third bilateral meeting between delegations from India's Narcotics Control Bureau  and Sri Lanka's Police Narcotics Bureau  on narcotics, drugs and psychotropic substances and related matters in New Delhi.

4.      SKILL INDIA ORGANIZED 'AJEEVIKA AND KAUSHALVIKASMELA' IN BHUBANESWAR
i. Ministry of Skill Development and Entrepreneurship and Ministry of Rural Development  together joined hands to amplify the “Gram Swaraj Abhiyaan” of the current incumbent government which is promoting social harmony and awareness around the pro-poor initiatives of the government.
ii. MSDE organized a Kaushal and RojgarMela at New Women’s College in Bhubaneswar, Odisha, where more than 5000 people from different walks of life participated.

5.      GOOGLE NAMES NITINBAWANKULE HEAD OF INDIA CLOUD BUSINESS
i. Google had appointed NitinBawankule as the country head for its cloud business in India, as the search giant looks at taking a larger share of the booming demand for those services in the country.
ii. Bawankule has been with Google for six years and was previously head of sales for its e-commerce, retail and classifieds and education business.

6.      WALMART BUYS FLIPKART IN WORLD'S LARGEST E-COMMERCE DEAL
i. US-based retail giant Walmart has confirmed that it will buy 77% stake in India's largest e-commerce startup Flipkart for $16 billion.
ii.Walmart bought the stake in Flipkart for 16 billion dollars.

7.      FORBES MOST POWERFUL PEOPLE IN THE WORLD: PM MODI 9TH, XI JINPING TOPS
i. Prime Minister Narendra Modi has been ranked ninth on Forbes' 2018 list of 'the world's most powerful people'.
ii. Chinese President Xi Jinping ranked first, followed by Russian President Vladimir Putin and US President Donald Trump at the second and third rank, respectively.
ii. The only other Indian to feature on the list is Reliance Industries Chairman MukeshAmbani at 32.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS
Q1. NAME THE SHANGHAI COOPERATION ORGANISATION SECRETARY-GENERAL WHO HAS RECENTLY ARRIVED IN NEW DELHI TO HOLD TALKS WITH EXTERNAL AFFAIRS MINISTER SUSHMA SWARAJ AND OTHER UNION MINISTERS.
(a) Sabyr Imandosov
(b) Wang Kaiwen
(c) Aziz Nosirov
(d) Rashid Kutbiddinovitch Alimov
Q2. THE CENTRAL BOARD OF DIRECT TAXES (CBDT) HAS RECENTLY NOTIFIED THE PROTOCOL AMENDING THE DOUBLE TAXATION AVOIDANCE AGREEMENT (DTAA) BETWEEN INDIA AND ______________.
(a) Saudi Arabia
(b) Azerbaijan
(c) Kuwait
(d) The UAE

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