Monday, 20 March 2017

Daily GK Update 20th March 2017: Current Affairs

\Daily GK Update 20th March 2017
1. International Day of Happiness: 20 March
  • The 'International Day of Happiness' is celebrated throughout the world on the 20th of March.
  • The day was founded by United Nations adviser Jayme Illien on June 28, 2012.
  • This day in UAE is marked by the establishment of the World Happiness Council by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
2. Tamil Nadu wins Vijay Hazare Trophy 2016-17:
  • Tamil Nadu beat Bengal by 37 runs in the final of Vijay Hazare trophy 2016-17 on Monday.
  • With this win, Tamil Nadu become the only team to win the tournament five times.
  • Tamil Nadu first scored 217 runs in 47.2 overs then restricted Bengal team at 180.
3. Justice Navniti Prasad Singh took oath as Chief Justice of Kerala High Court:
  • Kerala Governor Sathasivam administered Justice Navniti Prasad Singh the oath at Raj Bhavan in Thiruvananthapuram (Kerala).
  • Justice Singh is the former judge in the Patna High Court.
  • Earlier, the acting Chief Justice of the Kerala High Court Justice TB Radhakrishnan has been appointed as the Chief Justice of the Chhattisgarh High Court.
4. Harsh Vardhan to inaugurate 5th foundation day function of BIRAC:
  • Today, the Union Science and Technology Minister Harsh Vardhan has inaugurated the 5th foundation day function of the Biotechnology Industry Research Assistance Council in New Delhi.
  • More than 300 Scientists, Entrepreneurs, Industry Experts, and Policy Makers including,large number of stakeholders both national and international is taking part in the event.
  • The discussion will focus on the impact the Biotech Ecosystem is making on the Indian economy and the opportunities which exist for the Indian Biotech Sector as a global player.
5. Cheneni-Nashiri: India’s Longest Road Tunnel completes trial run:
  • India’s longest surface tunnel in Jammu and Kashmir’s Udhampur district is complete. It will be open to traffic soon, following successful completion of trial runs for peak and off-peak hours.  
  • The 9-km-long tunnel at Chenani passes through the lower Himalayan mountain range on Jammu- Srinagar National Highway.
  • The 9-km-long twin-tube tunnel located at an elevation of 1,200 metres. It is an important part of a 286-km-long four-lane project on the highway.
6. Indian-American Computer Scientist Anshumali Wins NSF’s CAREER Award:
  • An Indian-American computer scientist, Anshumali Shrivastava, was honored with the National Science Foundation’s prestigious CAREER Award for his research on redesigning current machine-learning processes.
7. Finance Minister finalized capital infusion for 10 PSU banks:
  • Coming in support of weak and non-performing Public Sector Banks (PSBs), the Finance Ministry has chalked out a turnaround-linked Rs 8,586-crore capital infusion plan for 10 PSBs.
  • The Top five capital gaining banks are IDBI Bank (Rs 1,900 crore), Bank of India (Rs 1,500 crore), UCO Bank ( Rs 1,150 crore), Andhra Bank and Indian Overseas Bank with Rs (1,100 crore) each.
8. Union cabinet clears 4 GST supplementary legislations for introduction to parliament:
  • Today, in the meeting of union Cabinet chaired by Prime Minister Narendra Modi cleared four supporting Goods and Services Tax (GST) legislations, paving the way for their introduction in Parliament soon.
  • The four supporting legislations, the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and Union Territory-GST (UT-GST) would be introduced as Money Bill.
  • Once approved by Parliament, the states would start taking their State-GST (S-GST) bill for discussion and passage in the respective state assemblies.
  • Earlier, the GST Council had given approval to the four legislations as also the State-GST bill.
  • While the S-GST has to be passed by each of the state legislative assemblies, the four other laws have to be approved by Parliament.
  • Passage of all the legislations would pave the way for introduction of GST from 1st July 2017.
9. Amazon India brings out ‘A-Z GST Guide’ program:
  • E-commerce major Amazon India has come out with a new program for sellers to get insights and help related to the goods and services tax (GST), called the ‘A-Z GST Guide’.
  • The programme in its pilot phase has already trained over 5,000 sellers on the Amazon platform. The portal provides resources in the form of tutorials, blogs, and free online training sessions.
10. The union Govt. swaps chief executives of IDBI Bank & Indian Bank:
  • The Union govt. has swapped the Chief Executive Officers (CEOs) of Indian Bank and IDBI Bank.
  • Managing Director & CEO at Indian Bank Mahesh Kumar Jain has been appointed as Managing Director & CEO of IDBI Bank.
  • IDBI Bank CEO Kishore Piraji Kharat has been appointed as Managing Director and CEO of Indian Bank.
11. World Bank announces 57 billion US dollar for sub-Saharan Africa:
  • World Bank has announced 57 billion US dollar financing for sub-Saharan Africa over the next three fiscal years (2017-2019).
  • Of that total, 45 billion dollars will come from the International Development Association (IDA), 8 billion dollars from the International Finance Corporation (IFC), and USD 4 billion dollars will come from the International Bank for Reconstruction and Development (IBRD).
12. Idea Cellular approves merger with Vodafone India:
  • Today, the board of directors of Idea Cellular has approved the scheme of amalgamation of Vodafone India Limited (VIL) and its wholly owned subsidiary Vodafone Mobile Services Limited (VMSL) with the company.
  • The transaction is subject to necessary approvals from concerned authorities like SEBI, Department of Telecom, RBI and others.
  • The Vodafone will hold a 45.1% stake in the combined entity, the Aditya Birla Group will hold 26% and the remaining shares will be held by the public.
  • The merger is expected to be completed by March 2019, and the newly merged entity will named at a later date.
  • Mr. Kumar Mangalam Birla has been appointed as the Chairman of Vodafone-Idea merged entity.
13. Snapdeal appoints Jason Kothari as CEO of FreeCharge:
  • E-commerce firm Snapdeal announced the appointment of Jason Kothari as the Chief Executive Officer of its digital payment platform FreeCharge.
  • In addition to taking on the role of CEO, Jason will continue his key leadership role as Chief Strategy and Investment Officer at Snapdeal.
14. K T Irfan wins bronze in Asian 20km Race Walk Championships:
  • National record holder K T Irfan clocked an impressive timing to win a bronze in the 20 kilometer men's event in the Asian Race Walk Championships at Nomi in Japan.
  • Irfan finished the race in 1 hour 20 minutes and 59 seconds, a tad slower than his national record timing of 1 hour, 20 minutes, 21 seconds.
  • Earlier, he had set the national recode while finishing 10th in the 2012 London Olympics.
  • Kim Hyun-Sub(Korea) took the gold in while Georgiy Sheiko (Kazakhstan) bagged the silver in the event.
15. Shahid Afridi appointed as ambassador of Blind Cricket World Cup:
  • Former Pakistan all-rounder Shahid Afridi has been appointed as the ambassador for the fifth edition of the Blind Cricket World Cup 2018.
  • The announcement was made by the Pakistan Blind Cricket Council (PBCC). Blind Cricket World Cup will be hosted by PBCC in the United Arab Emirates(UAE) and Pakistan in January 2018.
16. Former Rajya Sabha member Pyarimohan Mohapatra passes away:
  • Former bureaucrat turned politician Pyari Mohan Mohapatra (77-year) passed away at a hospital in Mumbai.
  • He was the former Rajya Sabha member and founder of the Odisha Jan Morcha.
  • Mohapatra is widely credited with Biju Janata Dal’ unstoppable growth from until 2012 and political advisor of Chief Minister Naveen Patnaik.
17. Gujarati poet Chinu Modi passes away:
  • Noted Gujarati poet and ghazal writer Chinu Modi (78-year) has passed away in Ahmedabad (Gujarat).
  • He has made a great contribution to the Gujarati literature with his poetry, plays, novels and stories. 
  • Chinu Modi had received Sahitya Academy award in 2014.

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