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Tuesday, December 26, 2017

Daily GK Updates - 25th December, 2017

NATIONAL UPDATES
1. Good Governance Day observed: Former Prime Minister Atal Bihari Vajpayee’s birthday is being celebrated as Good Governance Day across the country. Good Governance Day was established in 2014 to honour Mr. Vajpayee by fostering awareness among the people of accountability in government. On December 23, 2014, Mr. Vajpayee was announced as the recipient of the Bharat Ratna, India’s highest civilian award.

2. PM Modi flags off Metro’s Magenta line: PM Modi will inaugurate the Magenta Line of Delhi Metro, which is expected to make commuting b/w South Delhi & Noida hassle-free. The 12.64-km stretch runs b/w Kalkaji & Botanical Garden and accounts for a travel time of 19 mins. The coaches will have LED display, power charging capacity and colourful seats, while the stations will portray themes of nature, yoga, and cultural landmarks.

3. Bengaluru to get its own logo: The Karnataka government has launched the Bengaluru city logo, the first Indian city to do so, in a bid to resurrect its image as a tourism destination. With this, it joins cities like Amsterdam in The Netherlands and New York in the US to have its own logo. The logo was designed by Nammur, a design start-up.

4. Jairam Thakur to be the CM of Himachal: Five-time legislator Jairam Thakur will be the new Chief Minister of Himachal Pradesh. The decision was taken after Prem Kumar Dhumal, whom BJP had named as its prospective Chief Minister before the elections pulled out of the race.

INTERNATIONAL UPDATES
1. Tunisia bans UAE Emirates airline: Tunisia has banned Emirates airline from landing in the capital Tunis after a number of Tunisian women were prevented from boarding its flights. The move comes amid widespread anger in Tunisia, with rights groups condemning “racist and discriminatory” measures. The measure will continue to be in place until Emirates operates flights in accordance with law and international agreements.

OTHER UPDATES
BANKING/FINANCE:
1. PSU Banks NPA hit Rs. 7.34 lakh crore: According to Reserve Bank data, Bad loans of Public sector banks stood at Rs 7.34 lakh crore by the end of second quarter this fiscal. Leading corporate houses & companies accounted for approximately 77% of the total gross NPAs from domestic operations for the banks. Among the major public sector banks, SBI had the highest amount of NPAs at over Rs 1.86 lakh crore followed by PNB.

2. Samsung, Axis Bank tie-up: Samsung has launched its ‘Bill Payments’ on its flagship payments service, Samsung Pay in partnership with Axis Bank. The new feature will enable users to pay their utility bills seamlessly via Samsung Pay’s secure and convenient platform.

3. IndiGo operates 1,000 flights in a day: IndiGo has become the first Indian airline to operate over 1,000 daily flights across its domestic and international network. The company reached the milestone with its Flight from Mumbai to Cochin. With the addition of the latest aircraft, Airbus A-320 Neo, under its wings, IndiGo now boasts a massive fleet of 150 Airbus and a ATR aircraft.

4. Amazon acquires Blink: Amazon has reached a deal to acquire Blink, a startup developing battery-powered home-automation devices, including a wireless security camera and doorbell. The acquisition positions Amazon to be more competitive against Google parent Alphabet’s Next subsidiary. Blink products are already compatible with Amazon’s Echo home assistant, which runs the Alexa voice service powered by Lex.

SPORTS:
1. India finish runners-up at SAFF U-15: India finished as runners-up after going down by 1-0 to Bangladesh in the final of the SAFF U-15 Women’s Championship in Dhaka. Shamsun Nahar’s strike in the 41st minute sealed the issue in Bangladesh’s favour. India, Bangladesh, Nepal and Bhutan participated in the tournament with India bagging impressive wins against Nepal and Bhutan.

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