DAILY CURRENT
AFFAIRS: 14 MAY 2018
(DAILY NEWS INDIA)
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
