Tuesday, 11 July 2017

Current Affairs & GK Update: 11th July 2017

1. World Population Day being observed today (11th july):
  • Today, the World Population Day is observed across the world on 11th July to increase the awareness of the people towards the worldwide population issues.
  • The theme of this year is ‘Family Planning- Empowering People, Developing Nations’.
  • The theme highlights the importance of family planning as it allows people to attain their desired number of children and determine the spacing of pregnancies.
2. Eighth Meeting of SAARC Ministers of Law & Order begins in Colombo:
  • The three-day Eighth meeting of the SAARC Ministers of Law and Order preceded by meeting of the SAARC Secretaries of Law and Order and Immigration Authorities has begun in Colombo, Sri Lanka.
  • The meeting will focus on the issue of tackling terrorism apart from discussing liberalization of visa, illegal trafficking in narcotic drugs, psychotropic substances, and small arms.
  • The last meeting of SAARC Ministers was held in Pakistan where ministers highlighted the importance of initiating collective actions against terrorism in all its forms and manifestations.
  • The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of nations in South Asia (8 countries: Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan, and Sri Lanka).
3. Khaltmaa Battulga elected as Mongolian president:
  • Mongolian Businessman and Martial Arts expert Khaltmaa Battulga was sworn in as president, vowing to revive the flagging economy and pursue relations with countries outside its giant neighbors Russia and China. 
  • Battulga replaces Tsakhia Elbegdorj after the outgoing president served the maximum four-year terms for two times. 
4. MoHUA is the new name for urban development & housing ministry:
  • The government has merged the urban development and housing and urban poverty alleviation ministries into Ministry of Housing and Urban Affairs (MoHUA). This is the third time the ministries have been merged.
  • Venkaiah Naidu heads the ministries of urban development, and housing and urban poverty alleviation.
5. Finance Minister Arun Jaitley launches new taxpayer service module 'Aaykar Setu':
  • Today, Finance Minister Arun Jaitley has launched a new taxpayer service module called ‘Aaykar Setu’.
  • It compiles various tax tools, live chat facility, dynamic updates, and important links to various processes within the Income Tax Department in a single module.
  • This e-initiative would not only provide better taxpayer services but would also help in reducing the direct physical interface between assesses and tax assessing authorities.
  • The new step is an effort by the Income Tax Department to directly communicate with the taxpayers on a range of multiple informative and useful tax services.
6. Suresh Prabhu inaugurates Science Express Climate Action Special at Madgaon station:
  • The Union Railway Minister ‘Suresh Prabhu’ has inaugurated the Science Express Climate Action Special at Madgaon station through video conferencing from New Delhi.
  • The Science Express is an innovative mobile science exhibition of the Department of Science and Technology mounted on a 16-coach AC train.
  • The objective is to increase awareness on climate change and its mitigation among various sections of society, especially students.
7. RBI amends order on bankruptcy action on 12 large NPAs:
  • The Reserve Bank of India (RBI) has amended its earlier order asking banks to initiate bankruptcy proceedings against 12 companies which have outstanding loans amounting to over Rs 5,000 crore as on March 2016.
  • The amendment, made through a notification, comes after the Gujarat High Court asked the RBI to remove the stipulation on its order last month that the 12 non-performing assets (NPAs), or bad loans, would be granted priority at the National Company Law Tribunal. 
  • ssar Steel, one of the 12 large NPAs identified by the RBI, had approached the Gujarat High Court for the RBI proceedings. 
8. Govt. to organize global food fair in November 2017 to boost food sector:
  • The union govt will organize three-day international fair 'World Food India 2017' in 3 to 5 November this year.
  • International fair will provide a platform to Indian farmers and manufacturers to showcase their products and explore partnerships with foreign companies, organized by the Food Processing Ministry.
  • The World Food India is a step aimed at creating India a 'Global Food Factory' and 'Global Food Retail Market'.
9. Renowned cartoonist Mangesh Tendulkar passes away:
  • Renowned cartoonist ‘Mangesh Tendulkar’ (78-years) passed away at the hospital in Pune.
  • His cartoons especially about government offices and on traffic rules was famous.
  • Tendulkar also wrote some books like 'Bhuchchkra', 'Pocket Cartoons' and 'Sunday Mood'.
10. P V Sindhu bags ‘Sportsperson of the Year’ award:
  • Rio Olympics silver medallist P V Sindhu was bestowed with the 'Sportsperson of the Year' award during the ‘Maruti Suzuki Sportsperson of the Year’ Charity Gala Awards.
  • Sindhu’s coach P Gopichand received the Coach of the Year award while the Flying Sikh Milkha Singh was given the Living Legend of the Year award.
  • Young India cricketer K L Rahul, who made a mark in the last Test series against Australia, was awarded Gamechanger of the Year award.
  • The 2008 Beijing Olympics gold medallist and the country’s sole gold medal winner in individual events at Olympics, Abhinav Bindra was given the Lifetime Achievement Award.

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