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

Q3. MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP (MSDE) AND MINISTRY OF RURAL DEVELOPMENT (MORD), TOGETHER JOINED HANDS TO AMPLIFY THE “GRAM SWARAJ ABHIYAAN” AND ORGANIZED A KAUSHAL AND ROJGAR MELA IN ______________.
(a) Indore
(b) Bhubaneswar
(c) Gwalior
(d) Mumbai
Q4. NAME THE COUNTRY WITH WHICH INDIA AGREED ON COOPERATION ON EXCHANGE OF INFORMATION AND OTHER ASPECTS TO TACKLE SMUGGLING OF DRUGS IN BOTH COUNTRIES.
(a) Bangladesh
(b) Nepal
(c) Sri Lanka
(d) Myanmar

ANSWERS
1-d      2-c      3-b      4-c