Friday, 20 January 2017

Current Affairs & GK Update 20th January 2017

1. Delhi Police commissioner Alok Verma appointed as new CBI director:
  • A 3-member committee headed by PM Narendra Modi has appointed Delhi Police chief Alok Kumar Verma (1979-batch IPS officer) as next Central Bureau of Investigation (CBI) Director.
  • His appointment was approved for a period of 2 years.
  • The Central Bureau of Investigation (CBI) is the domestic intelligence and security service of India, which simultaneously serves as the nation's prime federal law enforcement agency.
  • He will take over from interim director Rakesh Asthana, who was handed the reins of the premier investigating agency after former director Anil Sinha retired on December 2, 2016.
2. Entrepreneurship Development Scheme inaugurated in Mizoram:
  • Mizoram Chief Secretary Lalmalsawma inaugurated the Entrepreneurship Development Scheme (EDS) under the New Economic Development Policy (NEDP) in the state.
  • Lalmalsawma stated that state government gave high priority to entrepreneurship development and has allocated Rs two crore under the NEDP during the current fiscal.
3. Indian economy projected to grow by 7.7% in FY 2017: UNWESP report:
  • According to the United Nations World Economic Situation and Prospects (WESP) 2017 report, India’s economy is projected to grow by 7.7% in fiscal 2017 and 7.6% in 2018. 
  • India will remain the fastest growing large developing economy due to its strong private consumption and gradual introduction of significant domestic reforms. 
  • The UN flagship report has not mention of the withdrawal of the high-denomination Rs. 500 and Rs. 1,000 currency notes nor its impact on the country’s economic growth.
4. Union Cabinet approves amendment in Modified Special Incentive Package Scheme: 
  • The Union Cabinet has given its approval for amendment in the Modified Special Incentive Package Scheme (M-SIPS) for electronics manufacturing.
  • These modifications will further incentivize investments in electronic sector and move towards Union Government’s goal of ‘Net Zero imports’ in electronics by 2020.  
  • The applications will be received under M-SIPS scheme till December 2018 or till such time that an incentive commitment of Rs 10,000 crore is reached, whichever is earlier.
5. Three Days National Conference in Kutch:
  • Prime Minister Narendra Modi has delivered inaugural address on a three-day National Conference of Central and State Ministers and Secretaries of Tourism, Culture and Sports in Kutch, Gujarat .
  • He addresses the program through video conferencing and also interact with the participants at the end of the conference
  • The Conference aims at achieving the necessary convergence among tourism, culture, youth affairs and sports areas and synergy between the Centre and state. 
6. AYUSH, ASCI sign MoU to co-regulate advertisements in AYUSH sector:
  • Today, the ministry of AYUSH and Advertising Standards Council of India (ASCI) signed a MoU to co-regulate misleading advertisements in the AYUSH sector in New Delhi.
  • The MoU will ensure that any advertisement making false claims for diseases and disorders, in violation of the existing regulations is immediately brought to the attention of the Ministry.
  • Now, there is unbridled marketing of Ayush (Ayurvedic, Unani, Siddha, naturopathy and homeopathy) drugs across media platforms, including print and television channels.
7. Govt inks MoU with National Yuva Cooperative Society  to set up 1,000 Janaushadhi Kendras:
  • The government has signed an agreement with the National Yuva Cooperative Society to set up 1,000 Janaushadhi Kendras across the country and targets to open such medical stores in every block and gram panchayat to provide quality medicines at an affordable price.
  • At present, 750 Janaushadhi Kendras, providing more than 600 medicines and 150 medical devices, are operational and the target is to open 3,000 by end of this fiscal for achieving health safety, Chemicals and Fertilisers Minister Ananth Kumar stated.
8. India, UAE to hold 1st strategic dialogue in New Delhi:
  • Ahead of the visit of the UAE crown prince Sheikh Mohammed bin Zayed Al Nahyan , who will be the Chief Guest at the Republic Day function this year, India UAE is scheduled to hold their first strategic dialogue in New Delhi.
  • The two countries have been moving closer for security, counter-terrorism, intelligence sharing and trade and during this visit of the Crown Prince , India and UAE will also be looking to boost economic ties. 
  • Indians are the largest expatriate community in UAE comprising of nearly 20% of its migrant population.
9. Physicists create a new form of Hydrogen:
  • Physicists from Austria have created new form of Hydrogen i.e. negatively charged hydrogen clusters. 
  • It is a previously unseen form of hydrogen. For the past forty years, existence of hydrogen in ion clusters was known and is positively-charged clusters have already exists.
10. Alibaba becomes Worldwide Sponsor of Olympic Games through 2028:
  • The International Olympic Committee (IOC) and Alibaba Group (Chinese e-commerce firm) has entered into a long-term partnership through 2028 at the World Economic Forum in Davos (Switzerland).
  • This makes Alibaba the worldwide sponsor of Olympic Games through 2028.
  • Now,  Alibaba has become the first company in the world to make a long-term commitment to the IOC through 2028.
  • Alibaba is the first Chinese company to commit to the Olympic Winter Games Beijing 2022..
11. World Bank Sanctions Rs 1,376 Cr For Tripura Power Upgradation:
  • Washington based World Bank has sanctioned Rs 1,376 crore for upgradations and improvement of the Tripura power system network on  This was announced by Tripura’s power minister Manik Dey.
  • The Power Upgradation project is divided into 5 phases. SPML Infra Ltd has got the contract of the first phase with the budget of  Rs 461 crore .
  • A large number of 132 KV and 33 KV substations will be constructed and upgraded under the project across Tripura.
12. CCEA approves listing of five general insurance PSUs at the stock exchanges:
  • The Cabinet Committee on Economic Affairs (CCEA) has given its ‘in principle’ approval for listing the five Public Sector General Insurance Companies (2016-17) owned General Insurance Companies in the stock exchanges. 
  • They are New India Assurance Company Ltd, United India Insurance Company Ltd, Oriental Insurance Company Ltd, National Insurance Company Ltd and General Insurance Corporation of India.

13. Lloyd’s Gets Final Approval from IRDAI to Open First Branch in India:
  • London’s insurance giant Lloyd has received the final approval from the Insurance Regulatory and Development Authority (IRDA) on to set up its first branch in India.
  • The specialist insurance and reinsurance company would open its first branch office in India before April 2017 and will be located at Mumbai. 
  • Lloyd’s will bring expertise and specialist capacity to India’s insurance market and work in partnership with local insurance businesses to develop innovative solutions that meet the unique needs of the growing economy.
14. FIPB clears 6 FDI proposals worth Rs 1,187 crore:
  • The Inter-ministerial body Foreign Investment Promotion Board (FIPB) approved six investment proposals envisaging foreign investments of Rs 1,186.5 crore.  
  • Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. 
  • It has approved the proposals of Sanofi Synthelabo India, Star Den Media Services, Idea Cellular Infrastructure Services, Boehringer Ingelheim India Pvt. Ltd, Menarini India Private Limited and Recipharm Participation B.V. Netherlands.
15. Punjab Royals bagged ProWrestling League Season 2 title:
  • Punjab Royals have bagged the Pro Wrestling League Season 2 title. 
  • In the summit clash in New Delhi, the Punjab team beat Haryana Hammers by 5-4.

Current Affairs Quiz: 20th January 2017

Current Affairs Quiz based on 19th January 2017 Current Affairs & News for all competitive-govt. Exams:

Current Affairs Quiz: 20th January 2017
1. Which of the following city has been emerged as the most dynamic city in the world?
a) Silicon Valley
b) Bengaluru 
c) Hyderabad
d) Shanghai 

2. The second edition of Ministry of External Affairs' annual Raisina Dialogue was held in which city with the theme 'The New Normal: Multilateralism in a multipolar world'?
a) Gurugram
b) New Delhi
c) Lucknow
d) Nagpur

3. What is the rank of India in the powerful passport ranking Passport Index 2017 ?
a) 68
b) 72
c) 78
d) 84

4. Which of the following web portal was launched by Union Government for monitoring the progress of Sarva Shiksha Abhiyan (SSA)?
a) Siksha
b) IndiaEducation
c) SikhoIndia
d) ShaGun 

5. Mawlynnong village has become a role model for other states in maintaining cleanliness known as Asia’s cleanest village is located in which state of India?
a) Meghalaya 
b) Assam
c) Sikkim
d) Telangana

6. President Pranab Mukherjee has inaugurated the 28th Dantan Gramin Mela in which state?
a) Tamil Nadu 
b) West Bengal
c) Sikkim
d) Telangana

7. Which country has recently become the associate member of the European Organization for Nuclear Research(CERN)?
a) Nepal
b) India
c) Japan
d) South Africa

8. Which state government has launched 'Aanandam' programme for poor people to get the daily needs like jackets, sarees, blankets, utensils, school bags from the wealthy people?
a) Tamil Nadu 
b) West Bengal
c) Madhya Pradesh
d) Telangana

9. Which Telecom company has recently launched a mobile TV service “Ditto TV”?
a) Reliance Jio
b) Bharat Sanchar Nigam Limited (BSNL)
c) Reliance Communication Limited
d) Bharti Airtel

10. Which of the following Mission was recently launched by Railway Ministry to save Rs. 41,000 crore on the Indian Railways’ expenditure on energy consumption over the next 10 years?
a) Mission 41K
b) Mission 31K
c) Mission 21K
d) Mission 11K

11. Sitalpati, which has recently been inducted in the United Nations Educational, Scientific and Cultural Organisation (UNESCOs) intangible cultural heritage is a traditional art work of which state?
a) Madhya Pradesh
b) Assam
c) Haryana
d) West Bengal

12. How many more countries have applied to join the Beijing based Asia Infrastructure Investment Bank (AIIB) besides the 57 founding members?
a) 12
b) 18
c) 25
d) 30

13. The US space agency NASA is set to launch a mission to which asteroid by 2023 to explore the history and composition of the early solar system?
a) 2 Miopo
b) 8 Decom
c) 16 Psyche
d) 12 Gopim

14. Which business enhancement program has been launched by Yes Bank recently to deepen its collaborations with financial technology start-ups?
a) Yes Fintech
b) Yes TechnoFin
c) Yes TecnoBit
d) Yes BitTech

15. Name the veteran US astronaut, well-known as the last man on the moon, who died recently?
a) Jim Lovell
b) Buzz Aldrin
c) Eugene Cernan
d) Mike Arther

Answers:

1:b, 2:b, 3:c, 4:d, 5:a, 6:b, 7:b, 8:c, 9:b, 10:a, 11:d, 12:d, 13:c, 14:a, 15:c. 

Thursday, 19 January 2017

Current Affairs & GK Update 19th January 2017

1. Bengaluru ranked world’s most dynamic city: JLL Index
  • Bengaluru (capital of Karnatak) has emerged as the most dynamic city in the world. 
  • The index tracks the speed of change of a city’s economy and commercial real estate market. 
  • It covers 134 major established and emerging business hubs and ranks them on parameters like technology, connectivity, population, education and real estate investments.  
  • Top 5 cities in 2017 CMI are Bengaluru (India), Ho Chi Minh City (Vietnam), Silicon Valley (US), Shanghai (China), Hyderabad (India).
  • There are six Indian cities Bangaluru-1, Hyderabad-5th, Pune-13th, Chennai-17th, Delhi-23rd and Mumbai-25th in the list of 30.
2. Jaipur Literature Festival begins today:
  • Today, the five-day Literature Festival has been inaugurated by the Chief minister 'Vasundhara Raje' with poet Gulzar in the pink city, Jaipur (Rajasthan)
  • Celebrated writers, thinkers, journalists, historians, poets, novelists and musicians are participating in the event.
  • A special session on Freedom to Dream will also be held where writers will discuss their dreams and dreams of India.
3. Government launches 'ShaGun' portal to monitor Sarva Shiksha Abhiyan:
  • The Union Government launched a dedicated web portal ShaGun (http://ssashagun.nic.in) for monitoring the progress of Sarva Shiksha Abhiyan (SSA). 
  • The portal was developed by World Bank in collaboration with Union Ministry of Human Resource Development. 
  • Its name has been derived from the words Shala (means schools) and Gun (i.e. Gunvatta meaning Quality). 
  • ShaGun portal was developed with a twin track approach to monitor schools under the SSA and also the quality of education imparted by them.
4. Digi Dhan Melas: Consumers, merchants win prizes worth Rs 61 Cr:
  • Over three lakh 80 thousand consumers and twenty-one thousand merchants have won prize money worth around 61 crore rupees at 24 Digi-Dhan Melas across the country.
  • This was disclosed by the Information Technology Minister Ravi Shankar Prasad in New Delhi Government’s efforts to give a boost to the digital payment systems and cashless economy have evoked good response from the people. 
  • People from different age groups, occupations and walks of life have taken part in a big way in the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana giving a fillip to digital transactions. 
5. Second Raisina Dialogue held in New Delhi:
  • The second edition of Ministry of External Affairs’ annual Raisina Dialogue was held in New Delhi with the theme 'The New Normal: Multilateralism in a multipolar world'
  • The flagship geo-political conference was inaugurated by Prime Minister Narendra Modi and was attended by delegates from 65 countries.
6. Railway Ministry unveils Mission 41K to save energy:
  • Union Railway Ministry has unveiled ‘Mission 41K’ to save Rs. 41,000 crore on the Indian Railways’ expenditure on energy consumption over the next 10 years. 
  • The launch of this programme was announced at a Roundtable Discussion on Energy Initiatives of Indian Railways with external stakeholders headed by Union Railway Minister Suresh Prabhu.
7. Anandam Scheme Launched in Madhya Pradesh to Help Poor:
  • Madhya Pradesh government lead by Shivraj Singh Chouhan has launched Aanandam programme of the newly-formed Aanand Department.
  • Aanandam scheme will help the poor people to get the daily needs like like jackets, sarees, blankets, utensils, school bags from the wealthy people.
  • For this particular place is alloacted in each district to collect these items.
  • The people who wishes to help others can visit website www.anandsansthanmp.in to become Anandak under Anandam SchemNonGovernmentent organisations, Government employees, cultural and business organisations can participate in this programe.
8. Haryana govt. approves installation of solar energy devices in Anganwadi centers:
  • The Haryana government has approved the installation of solar energy devices at a cost of Rs 44 crore in all 25,962 Anganwadi centers in the State.
  • LED lights and fans in these centers would be run with solar power.
  • This scheme would reduce electricity bills of 'Anganwadi centers' by Rs. 12 crore annually.
9. P Mukherjee to inaugurate 28th Dantan Gramin Mela in West Bengal:
  • President Pranab Mukherjee has inaugurated the 28th Dantan Gramin Mela in West Midnapore district in West Bengal
  • He is on a 4-day visit to West Bengal. The fair will display the rural handicraft skills of the people of the region.
  • The different goods ranging from textile to terracotta will be on display.
10. Meghalaya’s Mawlynnong village becomes a role model for cleanliness:
  • Mawlynnong village in Meghalaya has become a role model for other states in maintaining cleanliness known as Asia’s cleanest village.
  • Mawlynnong has become tourists’ hotspot.
  • The Secretary of the village committee stated that, all 90 families of the village constructed toilets in 1989. 
  • Under Swachh Bharat Mission, three public toilets have been constructed in the village. 
11. India becomes associate member of CERN:
  • India formally became an associate member of CERN (European Organization for Nuclear Research) with the government completing the internal approval procedures for the agreement it signed in November 2016. 
  • Prior to it, in September 2016, CERN Council had adopted a resolution upgrading India’s position as associate member from earlier ‘observer’ status (since 2004).
  • CERN as an organisation is world’s largest nuclear and particle physics laboratory. It is situated in North West suburbs of Geneva on France-Swiss Border & established in 1954.
12. Scientists names 3 diseases that could cause next global health emergency:
  • Scientists have named three relatively little-known diseases they think could cause the next global health emergency. 
  • A coalition of governments and charities has committed 460 million dollars to speed up vaccine development for Mers, Lassa fever and Nipah virus
  • They are asking funders at the World Economic Forum Davos for another 500 million dollars. 
13. Silicon identified as ‘missing element’ in Earth’s core:
  • Scientists from Tohoku University in Japan have claimed that Silicon (Si) is the ‘missing element’ in the Earth’s core
  • This discovery could help us to better understand how our world formed. According to them silicon likely makes up a significant proportion of Earth’s core after its major constituents iron and nickel. 
  • It was missing element in the deep interiors of our planet that has eluded us for decades.
14. Only cash, deposits can be declared under PMGKY: 
  • Undisclosed income in assets such as jewellery, stock or immovable property or in foreign bank accounts will not be accepted under the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
  • The Central Board of Direct Taxes on stated that only undisclosed income in domestic bank accounts, post offices or stashed elsewhere will be accepted under the scheme.
  • Only income represented in the form of cash or deposit in an account maintained with specified entity can be declared.
15. Bharti AXA General appoints Sanjeev Srinivasan as MD & CEO:
  • Bharti AXA General (Joint venture between Bharti Enterprises and AXA) has appointed Sanjeev Srinivasan as Chief Executive Officer (CEO) and Managing Director (MD).
  • Earlier, Srinivasan joined Bharti AXA General Insurance in August 2016 as Chief Commercial and Principal Officer.
16. PNB, India Post Bank team up:
  • Punjab National Bank and India Post Payments Bank have signed a memorandum of understanding.
  • PNB will provide technology platform for pilot launch of IPPB on receipt of regulatory nod from the Reserve Bank of India.
  • IPPB has been incorporated under the Department of Posts with 100 per cent government equity.
17. 30 More Countries to Join Asia Infrastructure Investment Bank:
  • The Foreign Ministry spokesperson of China, Hua Chunying stated that thirty more countries have applied for joining the Asia Infrastructure Investment Bank (AIIB) besides 57 founding members.
  • It was officially established with 57 founding members and authorized capital of USD 100 billion.China is the largest shareholder of the bank having 26.6% voting shares. India is  the second largest shareholder with 7.5% followed by Russia 5.93% and Germany with 4.5%.
18. Priyanka Chopra wins People's Choice Awards for Favourite Dramatic TV Actress:
  • Indian actress Priyanka Chopra ( 34-year) has won the Favourite Dramatic TV Actress at the 43rd People’s Choice Award.
  • She won the honor for her role in the American drama TV series Quantico.
  • This is the second People’s Choice Award for Chopra.
  • Earlier, She had won her first award in 2016 in the ‘Favourite Actress in a New TV series’ category for her role in Quantico.
19. Former Chhattisgarh minister Tarun Prasad Chatterjee passes away:
  • Senior Congress leader and former state minister of Chhattisgarh, Tarun Prasad Chatterjee (68-years) has passed away  Raipur(Chhattisgarh).
  • He was elected as Member of Legislative Assembly (MLA) for the first time from Raipur (rural) constituency in 1980, 1990, 1993 and 1998.
  • He was the Public Works Department (PWD) minister between 2002 and 2003 in Chhatisgarh government.
20. Renowned Actress Gita Sen Passes Away:
  • Veteran actress Gita Sen who was the wife of renowned filmmaker Mrinal Sen passed away on January 16, 2017 in Kolkata of cerebral hemorrhage.

Current Affairs Quiz: 19th January 2017

Current Affairs Quiz based on 18th January 2017 Current Affairs & News for all competitive-govt. Exams:

Current Affairs Quiz: 17th January 2017
1. Karang has become the India’s first cashless island is located in which state?
a) Assam
b) Manipur
c) Sikkim
d) Nagaland

2. The Ministry of Petroleum and Natural Gas inaugurated one month long oil and gas conservation campaign Saksham-2017 in which state?
a) Assam
b) Manipur
c) Sikkim
d) Nagaland

3. Which state government has recently allowed to the sale of white kerosene in open market?
a) Karnataka 
b) Telangana
c) Bihar
d) Odisha

4. Three-day Pratibha-Parva is being observed in all the government middle schools in which state?
a) Uttar Pradesh
b) Telangana
c) Madhya Pradesh
d) Odisha

5. Name the British Poet who has won the 2016 T.S. Eliot prize for his collection "Jackself"?
a) Mary Shelley 
b) Jacob Polley
c) Ernest Hemingway 
d) John Boyne

6. How many children have been selected for the 2016 national bravery awards?
a) 18
b) 20
c) 23
d) 25

7. Name the bank that launched India’s First Customizable Savings Account to enable the customers to design an account as per their convenience?
a) ICICI Bank
b) HDFC bank
c) YES Bank
d) Axis Bank

8. Name the former Indian cricketer who has recently inducted into Legends Club "Hall of Fame" at the Cricket Club of India in Mumbai?
a) Sachin Tendulkar
b) Kapil Dev
c) Virender Sehwag 
d) Rahul Dravid

9. Who has been elected as the new President of the European Parliament?
a) Antonio Tajani
b) Jack Mock 
c) Jacob Polley
d) Tom Morgen

10. Name the Indian professor who pioneered the work on black holes and died recently?
a) CK Venkata Ramayya 
b) CV Vishveshwara
c) Surjit Singh Barnala
d) Rajiv Palkhivala

Answers:

1:b, 2:d, 3:a, 4:c, 5:b, 6:d, 7:c, 8:b, 9:a, 10:b.  

Wednesday, 18 January 2017

Current Affairs & GK Update 18th January 2017

1. Manipur’s Karang is India’s first cashless island:
  • Karang, a small lake island in Manipur, has become the India’s first cashless island.
  • The Union ministry of electronics and information technology under its Digital India program announced Karang as the first cashless island in India.
  • The Karang island is located in the middle of Loktak, the largest freshwater lake in Northeast India.
2. 58th India International Garment Fair begins in New Delhi:
  • Textiles Minister Smriti Zubin Irani has inaugurated three-days 58th edition of India International Garment Fair (IIGF) at Pragati Maidan in New Delhi.
  • It has been organized by the Apparel Export Promotion Council India.
  • The event is one of the largest and most popular platforms in Asia, from which overseas garment buyers can source products and forge business relationships with India’s finest players in the apparel and fashion accessories domain.
  • The India International Garment Fair (IIGF) was started in 1988.
3. Petroleum Conservation Campaign ‘Saksham 2017’ Inaugurated in Nagaland:
  • The Ministry of Petroleum and Natural Gas (MOP & NG) inaugurated one month long oil and gas conservation campaign Saksham-2017 at a function in Unity College Dimapur in Nagaland on January 16, 2017.
  • The mass awareness campaign was inaugurated by chief guest Ramongo Lotha, secretary Food and Civil Supplies.
  • The main aim of such campaign is to spread the awareness on fuel conservation so as to minimize the wastage of petroleum products as the demand for it remains high.
4. Karnataka allows sale of white kerosene in open market:
  • The Karnataka government allowed to the sale of white kerosene in open market. 
  • State Food and Civil Supplies Minister UT Khader stated that the government has issued an order this effect.
  • Those interested in selling white kerosene in open market can approach the office of the Food and Civil Supplies in their districts.
5. 3-day Pratibha-Parva being observed in Madhya Pradesh:
  • Three-day Pratibha-Parva is being observed in all the government middle schools in Madhya Pradesh.
  • The evaluation of academic achievements of 78 lakh students pursuing studies in class I to VIII is being made during the Parv.
  • Subject-based evaluation will be made of students in one lakh 14 thousand government schools in the first two days.
  • The progress in basic capabilities and subject based capabilities will be evaluated with cooperation of UNICEF.
6. India & Mauritius Sign MoU for Cooperation in the field of Cooperatives:
  • India and Mauritius signed a MoU for cooperation in the field of cooperatives and related areas.
  • The MoU was signed between Agriculture Minister Radha Mohan Singh, and the Indian Ocean island country's Business, Enterprise and Cooperatives Minister Soomilduth Bholah.
  • The MoU will enable the two countries to collaborate in this vital sector and can significantly benefit thousands of Mauritians. 
  • India offered to exchange its expertise and technology with Mauritius in agro industry, fisheries and dairy sector.
7. India ranked 78th in global ‘Passport Index’:
  • Indian passport has been ranked 78 in a global ranking of the world’s most powerful passports which was topped by Germany.
  • Germany stands at the top with a visa-free score of 157, while Singapore overtakes South Korea and becomes the highest ranked Asian passport with a visa-free score of 156.
8. Antonio Tajani is the new president of the European Parliament:
  • Italian conservative Antonio Tajani has been elected as the new President of the European Parliament.
  • He defeated his centre-left compatriot Gianni Pittella by 351 votes to 282.
  • Mr. Tajani is a former spokesman for Italy's Silvio Berlusconi and an ex-European commissioner.
9. NASA approves mission to explore iron-rich asteroid 16 Psyche:
  • The National Aeronautics and Space Administration (NASA) has approved a mission to explore 16 Psyche, an iron-rich asteroid
  • As part of the mission, NASA craft will be launched in 2023, and will arrive at Psyche in 2030. 
  • The mineral contents on the asteroids are worth over 100-thousand times the value of the entire world economy. 
  • Psyche asteroid has diameter in excess of 125 miles and is almost entirely composed of iron and nickel.
10. World’s lightest watch unveiled in Geneva:
  • The world’s ultralight high-performance mechanical watch RM 50-03 was inaugurated on January 16, 2017 at the 27th edition of the Salon International De La Haute Horlogerie (SIHH) in Geneva
  • The watch made up of graphene composite has been developed by the University ofLightest Watch of the World made Using Graphene Launched Manchester, UK in collaboration with the watchmaking brand Richard Mille and McLaren F1.
  • The overall weight of the ultralight watch is 40 grams only and is extremely durable.
11. Jacob Polley wins 2016 T S Eliot Prize for Poetry:
  • British Poet "Jacob Polley" has won the 2016 T.S. Eliot prize for his collection "Jackself".
  • The award ceremony was organized at the Wallace Collection Gallery in London(UK).
  • Jackself is a sequence of narrative poems partly inspired by his childhood in Cumbria, England.
  • The coveted award was founded by T.S. Eliot's widow Valerie in 1993 and is now run by the TS Eliot Foundation.
12. Kolkata’s Sitalpati Gets place in UNESCO’s Intangible Cultural Heritage:
  • The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has registered Sitalpati or cool mat from the Cooch Behar district, West Bengal as an Sitlapati "intangible cultural heritage".
  • The Sitalpati are the mats that are used for siting or hanging on the doors or windows during summer season. 
  • They are made up of weaved green cane slips of murta plants widely found in the region. 
13. BSNL launches mobile TV service Ditto TV:
  • State-owned Bharat Sanchar Nigam Ltd (BSNL)  announced mobile TV service ‘Ditto TV’.
  • BSNL also launched limited fixed mobile telephony, an app that virtually turns mobiles into cordless phone working in sync with landline phones.
14. Yes Bank Launches Business Accelerator Program Yes Fintech: 
  • Private sector lender YES BANK in collaboration with T-Hub, Anthill and Lets Talk Payments launched a unique business accelerator program YES FINTECH to provide start-ups a platform for creating sustainable and market ready products as well as provide innovative banking solutions to the customers.
15. Yes Bank Launches India’s First Customisable Savings Account:
  • YES Bank has launched a first of its kind unique Customizable Savings Account to enable the customers to design an account as per their convenience.
  • YES bank has become the first bank in India to launch such type of account that enables the customer to choose various features of a savings accounts that suits one’s own lifestyle.
16. Kapil Dev inducted into Legends Club Hall of Fame:
  • Former Indian cricketer, Kapil Dev Ramlal Nikhanj (Kapil Dev) has been inducted into Legends Club "Hall of Fame" in presence of former India captains Ajit Wadekar, Sunil Gavaskar and Nari Contractor at the Cricket Club of India in Mumbai.
  • Country's greatest all-rounder Kapil Dev led India to the emphatic World Cup victory in 1983.
17. Farrukh Amonatov wins Delhi International Open chess tournament:
  • Top seeded Grandmaster Farrukh Amonatov has won the 15th edition of the Delhi International Chess tournament.
  • Amanotov scored 8.5 points out of a ten and stayed a half point ahead of Ghosh and Dzhumaev Marat of Uzbekistan.
  • Ghosh was declared the runner-up based on his better tiebreak.

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Current Affairs Quiz: 18th January 2017

Current Affairs Quiz based on 17th January 2017 Current Affairs & News for all competitive-govt. Exams:

Current Affairs Quiz: 17th January 2017
1. What is India's rank among the 79 developing countries in 2017 Inclusive Development Index (IDI)?
a) 22
b) 48
c) 56
d) 60

2. Kozhikode Corporation was declared as the first Elderly-Friendly Corporation of which state?
a) Tamil Nadu
b) Telangana
c) Kerala
d) Karnataka

3. How much loan amount has been sanctioned by World Bank (WB) for “Nagaland Health Project”?
a) $68 million 
b) $58 million 
c) $48 million 
d) $38 million 

4. The 170th Sadguru Sri Thyagaraja Aaradhana festival has been concluded in which state?
a) Tamil Nadu
b) Telangana
c) Odisha
d) Karnataka

5. What is the India’s GDP growth forecast rate for fiscal year 2017, as per updated “World Economic Outlook (WEO)” report of International Monetary Fund (IMF)?
a) 7.6%
b) 7.1% 
c) 6.6% 
d) 6.2% 

6. Which fashion store has recently joined with SBI Card to launch a co-branded credit card to offer benefits to consumers in the premium lifestyle and fashion space?
a) Reliance Trends
b) Future Group’s fashion and lifestyle 
c) V Mart
d) Stanmax

7. The Border Security Forces recently launched Operation Sard Hawa at
a) Northern international border of Jammu & Kashmir
b) Wagah Border
c) Line of Control in Jammu & Kashmir
d) Western international border of Rajasthan

8. The 2017 India International Garment Fair (IIGF) will be held in which city? 
a) New Delhi
b) Indore
c) Jaipur 
d) Lucknow

9.  RBI's Note Mudran printing press has broken all its past record by printing highest number of currency notes in December 2016. The Mudran printing press is located in
a) Mysuru
b) Nashik
c) Kolkata
d) Hoshangabad

10. Who has been confirmed as Lewis Hamilton's new team-mate and new driver for Mercedes?
a) Nico Hülkenberg
b) Valtteri Bottas
c) Felipe Massa
d) Felipe Nasr

Answers:
1:d, 2:c, 3:c, 4:a, 5:c, 6:b, 7:d, 8:a, 9:a, 10:b. 


Tuesday, 17 January 2017

Current Affairs & GK Update 17th January 2017

1. India ranks 60th in Inclusive Development Index:
  • India ranked 60th among the 79 developing countries in 2017 Inclusive Development Index (IDI) released in World Economic Forum’s (WEF) ‘Inclusive Growth and Development Report’
  • The index is based on 12 performance indicators and countries are ranked on IDI scores based on a scale of 1-7. 
  • It has three pillars Growth and Development, Inclusion and Intergenerational Equity, and Sustainability in order to provide a more complete measure of economic development than GDP growth alone. 
  • Top  5 developing economies are Lithuania (1st), Azerbaijan (2nd), Hungary (3rd), Poland (4th), Romania (5th).
2. IMF cuts India’s FY17 growth rate to 6.6% from 7.6%:
  • The World Economic Outlook (WEO) update released by the International Monetary Fund (IMF) has cut India’s growth rate for the fiscal year 2016–17 to 6.6% from its previous estimate of 7.6%
  • India’s growth rate was cut due to the temporary negative consumption shock of demonetisation. It has dampen India’s growth by 1% point in the FY2017 and 0.4% point in FY2017, compared with IMF’s earlier projections. 
  • Global economic activity will pick up pace in FY17 and FY18, especially in emerging markets and developing economies. Global growth is forecast at 3.4% in FY17 against 3.1% in FY16.
3. 25 children including 13 girls selected for National Bravery Awards:
  • Twenty-five children, including 13 girls have been selected for the national bravery awards 2016. 
  • The coveted Bharat award has been conferred on 8-year-old Late Kumari Tarh Peju of Arunachal Pradesh, who sacrificed her life while saving two of her friends from drowning. 
  • The prestigious Geeta Chopra award has been conferred on 18 year old Tejasweeta Pradhan and 17-year-old Shivani Gond of West Bengal who showed immense courage fearlessly helping police and NGO in uncovering an international sex racket leading to the arrest of the mastermind in Delhi. 
  • The Sanjya Chopra award has been given to 15-year-old Sumit Mamgain of Uttarakhand who displayed outstanding bravery in fighting a leopard to save his cousin.
4. Timothy Gonsalves committee recommends reservation for girl students in IITs:
  • The sub-committee under chairmanship of professor Timothy Gonsalves has recommended reservation for girl students in IITs to address the issue of slump in number of female students entering the prestigious institutes. 
  • The recommendation of the committee will be taken up in the meeting of the Joint Admission Board (JAB) for a final decision, which will decide whether the reservation will come in effect from 2017 or from 2018. 
  • The committee has suggested creating up to 20% supernumerary seats for girls out of the total number of seats. But only candidates who have already qualified in JEE-Advanced will be considered.
5. India Signs Financing Agreement of $48 million with World Bank for Nagaland Health Project:
  • India has signed a financing agreement with World Bank for 48 million dollars for Nagaland Health Project. 
  • About six lakh people will directly benefit from the Health Project with improvements in higher-level facilities as well as system-wide investments. 
  • The objective of the project is to improve health services in Nagaland. Communities in targeted locations will benefit from project activities at the community and health facility levels.
6. Mysuru Printing Press Breaks Record by Printing Highest No. of Currency Notes in a December 2016:
  • The Bharatiya Reserve Bank Note Mudran PvtLtd, a fully controlled subsidiary of RBI has set records in currency note printing.
  • The RBI Note Mudran printing press in Mysuru printing highest number of currency notes in December 2016 breaking all its past record.
  • It printed 10.9 million currency note in a day that even broke the world record made an American currency printing press of printing 8.7 million notes in a day.As per the data, 1350 million currency notes were printed in December 2016 in Mysuru which employess 650 workers who work for 12 hours in two shifts.
7. Market Regulator SEBI Tightens Mergers & Acquisitions Norms Among Unlisted Firms:
  • The Capital market regulator of India, Securities and Exchange Board of India (SEBI) on January 14 tightened the norms associated to Mergers and Acquisitions (M&A) of Indian companies.
  • The public shareholding of the resultant entity created by the merger of an unlisted and a listed company has to be more than 25%. 
  • The unlisted entity can only merge with those companies that are listed on exchanges such as the National Stock Exchange (NSE) and BSE.
    8. Tamil Nadu: 170th Sadguru Sri Thyagaraja Aaradhana festival ends on 17 January 2017:
    • The 170th Sadguru Sri Thyagaraja Aaradhana festival has concluded at Tiruvaiyaru, Tamil Nadu
    • The Aaradhana festival which was inaugurated on 13th of this month was a treat to carnatic music lovers. Sadguru Thyagaraja is one of the great musical trinity alongwith Muthusamy Dikshithar and Shyama Sastrigal.
    9. BHEL Commissions 500 MW Thermal Unit In West Bengal:
    • Government owned Bharat Heavy Electricals Limited(BHEL) has commissioned new 500 MW Thermal Unit in West Bengal.
    • This was the second 500 MW at Sagardighi Thermal Power Station (TPS) Phase II project in Murshidabad district of West Bengal.
    10. IIMC to start post graduate course in Urdu journalism:
    • Information and Broadcasting Minister M Venkaiah Naidu launching a post graduate course in Urdu journalism at the Indian Institute of Mass Communication in New Delhi . 
    • The Executive Council of the IIMC, an autonomous body under the Ministry of Information and Broadcasting, has recently approved the course.
    11. Kozhikode Corporation becomes 1st Elederly-friendly corporation in Kerala:
    • Kozhikode Corporation was declared as the first Elderly-Friendly Corporation in Kerala. 
    • The  Kozhikode Corporationstate government has planned to setup Senior citizen’s club, Day care centres as a part of  Vayomitram project for the welfare of the elder people in the state.
    • As part of the elderly friendly status, the Corporation has begun to collect basic details of all the senior citizens in the city through its 543 Anganwa.
    12. Richest 1% own 58% of total wealth in India: Oxfam Study
    • According to study conducted by rights group Oxfam, India’s richest 1% now hold a huge 58% of the country’s total wealth, indicating rise income inequality. It is higher than the global figure of about 50%. 
    • It shows that 57 billionaires in India now have same wealth ($216 billion) as that of the bottom 70% population of the country. Globally, just 8 billionaires have the wealth as the poorest 50 % of the world population. 
    • The total global wealth in the year 2016 was $255.7 trillion of which about $6.5 trillion was held by billionaires, led by Bill Gates ($75 billion), Amancio Ortega ($67 billion) and Warren Buffett($60.8 billion).
    13. Sports Minister Vijay Goel inaugurates Khelo India competitions:
    • The Minister of State for Youth Affairs and Sports Shri Vijay Goel inaugurated the Khelo India National level Competitions on various sports for Under-14 and Under-17 children in New Delhi.
    • The competition has been organized by Sports Authority of India under aegis of Ministry of Youth Affairs and Sports in Swimming, Cycling and Wrestling. 
    14. Future Group’s & SBI Card launch premium co-branded card:
    • Future Group’s fashion and lifestyle departmental store Central joined with SBI Card launched a second co-branded credit card to offer benefits to consumers in the premium lifestyle and fashion space.
    • The Central SBI SELECT and SELECT+ Cards will offer an accelerated reward points structure.
    15. Baidu names former Microsoft exec as COO
    • China's Baidu Inc said it has appointed a former Microsoft Corp executive as chief operating officer.
    • Qi Lu will take charge of products, technology, sales and marketing, and spearhead a push into AI.
    • Baidu has been refocusing its business strategy after the introduction of new advertising regulations.
    16. Kiran Doshi won The Hindu Prize 2016:
    • Kiran Doshi won The Hindu Prize 2016 for his book titled 'Jinnah Often Came to Our House' at the 7th edition of The Hindu Lit for Life festival 2017 held in Chennai from January 14-16, 2017.
    • The festival was inaugurated by contemporary artist Gulamohammed Sheikh.
      17. Eugene Cernan, last man on the moon, dies at 82:
      • US astronaut Eugene Cernan, the last man to set foot on the moon, died Monday at age 82. 
      • Cernan was the spacecraft commander of Apollo 17 in December 1972. 
      • He died following ongoing health issues.
      18. 'Black hole man of India' C.V. Vishveshwara dead:
      • Professor CV Vishveshwara passed away in Bengaluru following a bout of illness.
      • He was among the first to study 'black holes' even before the word was coined.
      • Vishveswara made an important calculation that was used in the discovery of gravitational waves by LIGO detectors in 2015.
      19. National award-winning filmmaker Deepak Roy dead at 67:
      • Deepak Roy, known for his movie "Limit to Freedom" which won him a National award in 1996 under the category of best investigative film, has passed away at the age of 67 after suffering a cardiac arrest. 
      20. Valtteri Bottas replaces Nico Rosberg at Mercedes and joins Lewis Hamilton:
      • Valtteri Bottas has been confirmed as Lewis Hamilton's new team-mate for the forthcoming Formula One season after he was finally unveiled by Mercedes at their headquarters.
      • Bottas, who replaces world champion Nico Rosberg following his shock decision to retire from the sport, had long been favorite for the vacant seat.