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Friday, January 26, 2018

DAILY CURRENT AFFAIRS: 24 JAN 2018

DAILY CURRENT AFFAIRS: 24 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA TO HOST 16TH INTERNATIONAL ENERGY FORUM MEET
i. The 16th International Energy Forum Ministerial meeting will be held in New Delhi in April 2018.
ii. According to the Union Minister of Petroleum and Natural Gas Dharmendra Pradhan, the meeting will be hosted by Government of India in New Delhi and co-hosted by the Government of China and South Korea.

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DAILY CURRENT AFFAIRS: 23 JAN 2018

DAILY CURRENT AFFAIRS: 23 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      AYUSH MINISTER LAYS FOUNDATION STONE FOR HOMEOPATHY RESEARCH INSTITUTE IN JAIPUR
i. The Minister of State(/IC), for AYUSH, Shri Shripad Yesso Naik laid the foundation stone for Central Research Institute in Jaipur, Rajasthan. This will be the third CRI under the aegis of Central Council for Research in Homoeopathy.
ii. In his address during the stone laying ceremony, Sh. Naik stated that Ministry of AYUSH is determined towards a focused infrastructural push to Homoeopathy and other systems of AYUSH.

2.      INDIA-ASEAN BUSINESS & INVESTMENT CONFERENCE HELD IN NEW DELHI
i. India-ASEAN business and investment conference held in New Delhi ahead of the landmark commemorative summit meeting on the 25th of January. In the conference, Commerce Minister Suresh Prabhu stresses enhanced connectivity via land to strengthen trade ties.
ii. Silver jubilee of India-ASEAN partnership is being celebrated in New Delhi on the 25th January with an unprecedented summit meet.

3.      ANDHRA PRADESH-ZURICH SIGN SISTER STATE AGREEMENT
i. The Andhra Pradesh Government and the Canton of Zurich signed a letter of intent, to promote mutual prosperity and development.
ii. This will bring the State of Andhra Pradesh and Canton of Zurich closer and ensure that a framework is created, which supports the exchange between both the parties.

4.      ONGC ACQUIRES 51.11% STAKE IN HPCL
i. The Public Sector exploration giant Oil and Natural Gas Corporation has got the consent for acquiring controlling stake in fellow PSU Hindustan Petroleum Corporation Ltd. The transaction will be for Rs36,915 cr.
ii. According to a statement issued by ONGC, it has entered into a share purchase agreement with the President of India for acquiring the shares of HPCL (representing 51.11% of HPCL).

5.      INDIA, 5TH MOST ATTRACTIVE MARKET FOR INVESTMENTS: PWC SURVEY
i. India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, as per the survey of CEOs by global consultancy PwC.
ii. The US remains the top spot for global investment. Around 46% of global CEOs consider the US as one of the three most important countries for growth, followed by China (33%) and Germany (20%) at second and third places, respectively.

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Tuesday, January 23, 2018

DAILY CURRENT AFFAIRS: 21, 22 JAN 2018

DAILY CURRENT AFFAIRS: 21, 22 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      MEITY LAUNCHES CYBER SURAKSHIT BHARAT TO STRENGTHEN CYBERSECURITY
i. The Ministry of Electronics and Information Technology, announced the 'Cyber Surakshit Bharat' initiative in association with National e-Governance Division and industry partners.
ii. Cyber Surakshit Bharat will be operated on the three principles of Awareness, Education and Enablement. Cyber Surakshit Bharat is the first public-private partnership of its kind and will leverage the expertise of the IT industry in cybersecurity.

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DAILY CURRENT AFFAIRS: 20JAN 2018

DAILY CURRENT AFFAIRS: 20 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      4TH INDIA INTERNATIONAL SCIENCE FESTIVAL TO BE HELD IN LUCKNOW
i. The 4th edition of the India International Science Festival will be held in Lucknow, Uttar Pradesh. The decision to hold the Festival in Lucknow was taken at the first preparatory meeting for the 4th India International Science Festival.
ii. The meeting was chaired by Union Minister for Science & Technology, Dr. Harsh Vardhan. The 1st IISF was held at Indian Institute of Technology New Delhi.

2.      ARUN JAITLEY LAUNCHES NATIONAL CSR DATA PORTAL & CORPORATE DATA PORTAL
i. The Union Minister for Finance and Corporate Affairs, Arun Jaitley launched the National CSR Data Portal & Corporate Data Portal in Delhi. This initiative is a significant step towards driving accountability and transparency for corporate India.
ii. The portals’ easy accessibility to the general public will ensure a high level of compliance and will also help in institutionalising and consolidating the CSR activities.

3.      INDIA BECOMES 43RD MEMBER OF AUSTRALIA GROUP
i. India has joined the Australia Group export control regime and has become the 43rd Member of that Group. It is an informal forum which seeks to ensure that exports do not contribute to the development of chemical or biological weapons.
ii. India has managed entry into Missile Technology Control Regime, the Wassenaar Arrangement and Australia Group despite not being a signatory to the Non-Proliferation Treaty.

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DAILY CURRENT AFFAIRS: 19 JAN 2018

DAILY CURRENT AFFAIRS: 19 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      14TH MEETING OF SPECIAL COMMITTEE FOR INTER-LINKING OF RIVERS HELD IN NEW DELHI
i. 14th meeting of the Special Committee for Inter-linking of Rivers was held in New Delhi.
ii. The meeting was attended by Nitin Gadkari – Union Minister of Water Resources, River Development and Ganga Rejuvenation, Arjun Ram Meghwal – Union Minister of State for Water Resources, River Development and Ganga Rejuvenation, Dharam Pal Singh – Irrigation Minister of UP, T Harish Rao – Irrigation Minister of Telangana and senior officials from the centre and state governments.
iii. Main topics that were taken up during the meeting included the status of clearance of Ken-Betwa Link Project, Damanganga-Pinjal and Par-Tapi-Narmada Link Projects. Other topics on which discussions were held included Surplus Water in River Basin for Interlinking of Rivers, Restructuring of National Water Development Agency and Status of Intra-State link proposals.

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DAILY CURRENT AFFAIRS: 18 JAN 2018

DAILY CURRENT AFFAIRS: 18 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA ATTENDS ITS 1ST SCO MILITARY COOPERATION MEETING IN BEIJING
i. India, for the first time, took part in a two-day meeting of the international military cooperation departments of the Shanghai Cooperation Organization in Beijing, China. An Indian delegation was led by Major General Ajay Seth.
ii. This is the 1st meeting attended by India in the field of defence cooperation under the SCO framework.

2.      ISRAEL PM ADDRESSES INDIA-ISRAEL BUSINESS SUMMIT IN MUMBAI
i. Israeli PM Benjamin Netanyahu visited Mumbai during the final leg of his visit to India. Mr Netanyahu addressed the India-Israel Business Summit at the iconic Taj Mahal hotel in south Mumbai.
ii. Later in the day, Mr Netanyahu attended the ‘Shalom Bollywood’ event at the Taj hotel. A monthly magazine titled ‘Namaste Shalom’ will also be launched to mark Israeli Prime Minister Benjamin Netanyahu’s Mumbai visit.

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DAILY CURRENT AFFAIRS: 17 JAN 2018

DAILY CURRENT AFFAIRS: 17 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      65TH MEETING OF CENTRAL ADVISORY BOARD OF EDUCATION HELD IN NEW DELHI
i. The 65th meeting of the Central Advisory Board of Education was held under the chairmanship of Union Human Resource Development Minister Prakash Javadekar. The meeting' agenda was focused on issues related to school education and literacy.
ii. At the meeting the National Assessment Survey District-wise report card was released. The meeting was attended by Education Ministers of 20 States, representatives of 28 States and Union Territories.

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DAILY CURRENT AFFAIRS: 16 JAN 2018

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

1.      WB, KERALA, ODISHA OPT OUT OF CENTRE’S ASPIRATIONAL DISTRICT SCHEME
i. West Bengal, Odisha and Kerala have opted out of the Central Government’s Transformation of Aspirational Districts scheme. In context of this scheme, aspirational districts refer to selected 115 backward districts that are lagging on specific development parameters.
ii. Central Government has undertaken a major policy initiative for rapid transformation of these districts and senior government officials have been assigned responsibility to coordinate the efforts of the Centre and states in facilitating development in such districts.
iii. With the exit of West Bengal, Kerala and Odisha, total number of districts under this scheme has now reduced to 102 from 115.
iv. ‘Transformation of Aspirational Districts’ conference, held in New Delhi in first week of January 2018, NITI Aayog said it will come out with a ranking of 115 aspirational districts by April 2018.

2.      INDIA, ISRAEL INK NINE PACTS ON CYBER SECURITY, OTHER SECTORS
i. India and Israel signed nine documents to further the cooperation. These include cooperation in Cybersecurity, cooperation in the field of Petroleum and natural gas, document for the amendment to the air transport agreement, cooperation in film co-production, cooperation in the homoeopathy medicines, co-operation in the field of space science, boosting investment, cooperation in metal-air batteries and cooperation in solar thermal technology.
ii. The documents were signed in the presence of the two prime ministers. The two leaders also addressed a joint press conference.

3.      UIDAI ALLOWS FACE RECOGNITION FOR AADHAAR AUTHENTICATION
i. The Unique Identification Authority of India approved authentication based on facial recognition in combination with fingerprint or iris scan for Aadhaar users.
ii. This move will benefit persons who have difficulty with other biometric authentications like fingerprint and iris. The facial recognition-based authentication will come into act from 1st July 2018 and will be allowed only in fusion mode combined with fingerprint or iris or OTP to authenticate Aadhaar user.
iii. Also, this facial recognition based-authentication will be permitted “on need basis”. Since photos of users are already available in the UIDAI database collection of new data is not required.

4.     RAJYAVARDHAN RATHORE LAUNCHES ‘KHELO INDIA’ ANTHEM
i. Sports Minister Rajyavardhan Rathore made the announcement during the launch of the official anthem and mascot of Khelo India School Games, beginning January 31.  “Now when an athlete wins a medal at Commonwealth Games, Asian Games and Olympics, the coach gets incentive.
ii. The video features India's eminent sports personalities such as Sardar Singh, Leander Paes, Sunil Chhetri, Devendra Jhajharia, Baichung Bhutia, Pullela Gopichand, Akhil Kumar, Sakshi Malik, Mary Kom and Saina Nehwal.

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DAILY CURRENT AFFAIRS: 15 JAN 2018


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

1.      NITISH KUMAR LAUNCHES SCHEMES WORTH OVER RS 200 CR DURING VIKAS SAMIKSHA YATRA
i. Bihar CM Nitish Kumar launched schemes worth over Rs.200 cr during his state-wide “Vikas Samiksha Yatra” and lays foundation stones for more than 100 projects.
i. Nitish Kumar visited Rohtas and Bhojpur districts for the “Vikas Samiksha Yatra”. He inaugurated 257 schemes worth Rs. 222 cr, at a village in the Jagdishpur block of Bhojpur.
iii. He also visited a village under Amethi panchayat of the Sanjhauli block of Rohtas, which is the first panchayat in Rohtas to become ODF.

2.      ISRAELI PM BENJAMIN NETANYAHU IN INDIA
i. India and Israel have agreed to enhance co-operation in the areas of agriculture, science and technology and security.
ii. Benjamin Netanyahu, who is the 2nd Israeli PM to visit India after Ariel Sharon, was accorded a ceremonial reception at Rashtrapati Bhawan. The first one took place when PM Narendra Modi visited Israel in July 2017, becoming the first Indian leader to visit the Jewish state.

3.      BIKANER CAMEL FESTIVAL 2018 IN RAJASTHAN
i. The Bikaner camel festival was held in Rajasthan. This festival is celebrated every year in Rajasthan to honour camels. The festival 2018 started with a procession of camels adorned with decorations and folk artists.
ii. Both Indian and foreign tourists participated in the festival. The procession was held from Junagarh fort to Karni Singh stadium. During the festival, camel dances, camel races, camel rides etc. were also held. The camel festival was organised by the Department of Tourism, Art and Culture.

4.     INDIA CONTRIBUTES USD 50,000 TO UN YOUTH ENVOY'S OFFICE
i. India has contributed USD 50,000 to UN Secretary General Antonio Guterres's Office of Envoy on Youth to help with its mission of involving young people in the world body's goals.
ii. The contribution is voluntary with no strings attached and is in addition to the regular payments India makes to the UN's general and peacekeeping budgets.

5.      7TH EDITION OF ‘RASHTRIYA SANSKRITI MAHOTSAV-2018’ BEGINS IN KARNATAKA
i. 7th edition of the Rashtriya Sanskriti Mahotsav, under the Ek Bharat Shreshtha Bharat programme, began in Karnataka. This event will continue till January 20, 2018.
ii. This event is being organised by Union Ministry of Culture. Union Minister for Chemicals and Fertilisers and Parliamentary Affairs, Ananth Kumar and Union Minister of State for Culture (I/C) and Environment, Dr. Mahesh Sharma inaugurated the Mahotsav at Gandhi Nagar and Bengaluru.
iii. This Mahotsav will be various forms of art performances from classical and folk, music and dance, theatre to literature and the visual arts. A handloom and handicrafts-utsav is also being held at the event.
iv. Ek Bharat Shreshtha Bharat programme was launched by PM Narednra Modi on October, 31 2016. This programme aims to celebrate the idea of unity in diversity by promoting engagement amongst the people of different States/Union Territories and thereby strengthening people-to-people bond. Under this programme, Karnataka is paired with Uttarakhand.

6.      WEF RANKS INDIA 30TH ON GLOBAL MANUFACTURING INDEX
i. The World Economic Forum has ranked India at 30th position on a global manufacturing index - below China’s 5th place but above other BRICS peers, Brazil, Russia and South Africa.
ii. Japan has been found to have the best structure of production in the Geneva-based WEF’s first ‘Readiness for the future of production report’ and is followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland in the top 10. Among BRICS nations, Russia is ranked 35th, Brazil 41st and South Africa at 45th place.

7.      IDFC BANK, CAPITAL FIRST TO MERGE IN SHARE SWAP DEAL
i. IDFC Bank and Capital First has approved a merger of Capital First with IDFC Bank. Pursuant to the merger which is subject to regulatory and shareholder approvals, IDFC Bank will issue 139 shares for every 10 shares of Capital First.
ii. The deal values Capital First - owned more than a third by private equity firm Warburg Pincus - at Rs. 938.25 a share based on the two companies' price and giving the company a market value of Rs. 9,278 cr ($1.46 billion), Reuters calculations showed.

8.      FEDERAL BANK TIES UP WITH HEDGE EQUITIES
i. Federal Bank has entered into a strategic partnership with Hedge Equities Ltd for providing Portfolio Investment Scheme services to NRIs. A formal agreement was executed in which Jose K Mathew (EVP & Head Retail Business, Federal Bank) and Alex Babu (MD, Hedge Equities Ltd) exchanged the MoU announcing the tie-up.
ii. Federal Bank is authorised by the RBI to issue permission letter to NRIs on behalf of the RBI to transact in secondary market.

9.      BSE'S INDIA INTERNATIONAL EXCHANGE LISTS IRFC'S FIRST GREEN BOND
i. The Bombay Stock Exchange's India International Exchange listed the first bond on its Global Securities Market.
ii. The bonds issued by Indian Railways Finance Corporation are one of the highest credit rated bonds issued by an Indian corporate and has been IRFC's first foray into the Green Bond market.

10.  JOHNSON & JOHNSON PARTNERS WITH MAHARASHTRA GOVT. ON HEALTH INTERVENTIONS
i. Maharashtra’s mine workers who face an increased risk of tuberculosis will be part of awareness programmes on the illness, as part of a partnership that the Maharashtra Government recently formalized with Johnson & Johnson. Other interventions under the ambit of the agreement include hospital acquired infections and maternal and infant mortality.
ii. The collaboration would also look at infection prevention, diabetes, obesity and menstrual hygiene and support healthcare professionals and nurses in the State to develop skills in these areas.

11.  15TH JANUARY 2018: 70TH ARMY DAY
i. The 70th Army Day is being celebrated on 15th January 2018. The day is celebrated to pay homage and salute to the courageous and brave Indian soldiers who have been sacrificing their lives for protecting the country.
ii. Every year on this day, the ‘Army Day’ is celebrated to commemorate the day when General (later Field Marshal) K.M Carriappa took over the command of Army from General Sir F.R.R Bucher, the last British Commander-in-Chief in 1949 and became the first Commander-in-Chief of Indian Army post Independence.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1.  WHICH BANK HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH HEDGE EQUITIES LTD FOR PROVIDING PORTFOLIO INVESTMENT SCHEME SERVICES TO NRIS RECENTLY?
a)  Bank of Baroda
b)  State Bank of India
c)  Federal Bank
d)  Axis Bank
Q2. WHICH BANK AND CAPITAL FIRST HAS APPROVED A MERGER IN SHARE SWAP DEAL RECENTLY?
a)  ICICI Bank
b)  IDBI Bank
c)  Axis Bank
d)  IDFC Bank  
Q3. WEF HAS RANKED INDIA AT WHICH POSITION ON A GLOBAL MANUFACTURING INDEX - BELOW CHINA’S 5TH PLACE BUT ABOVE OTHER BRICS PEERS, BRAZIL, RUSSIA AND SOUTH AFRICA?
a)  44th
b)  32nd
c)  30th
d)  25th
Q4. FEDERAL BANK IS AUTHORIZED BY THE RBI TO ISSUE PERMISSION LETTER TO NRIS ON BEHALF OF THE RBI TO TRANSACT IN SECONDARY MARKET. FEDERAL BANK BASED IN?
a)  Kerala
b)  Andhra Pradesh
c)  Karnataka
d)  Tamil Nadu
Q5. WHICH COUNTRY HAS BEEN FOUND TO HAVE THE BEST STRUCTURE OF PRODUCTION IN THE GENEVA-BASED WEF’S FIRST ‘READINESS FOR THE FUTURE OF PRODUCTION REPORT’?
a)  USA
b)  Japan
c)  Germany
d)  South Korea

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


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