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Monday, October 23, 2017

Daily GK Updates - 22nd October, 2017



NATIONAL UPDATES:

1. Narendra Modi to visit the truly vibrant Gujrat: Prime Minister Narendra Modi is visiting Gujarat for the third time this month, as the BJP pulls out all the stops ahead of the assembly elections in the state. Modi will inaugurate and lay foundation stones for a number of projects in Bhavnagar and Vadodara districts. The projects that will be launched by Modi include the first phase of the Rs 650-crore ‘roll-on, roll-off ferry service.

2. IFS Sibi George appointed as the Ambassador: Sibi George is an Indian Foreign Service (IFS) officer of 1993 batch. He has also served as deputy chief of mission of Indian embassy in Saudi Arabia. Sibi George will replace Smita Purushottam as the ambassador of India to Switzerland. He is presently serving as Joint Secretary in the Ministry of External Aftairs. He would to take up this assignment shortly.

3. India, Mozambique to develop Rovuma gas: India and Mozambique agreed to expedite development of the giant Rovuma gas discovery, which is planned to be converted into LNG for exports. Oil Minister Dharmendra Pradhan, while his visit to Tokyo for LNG Producer–Consumer Conference discussed the development of the gas field. Oil India Ltd has 4% stake while a unit of BPCL holds 10% stake in project.

4. Dasna Jail to rename its dental clinic to acknowledge the Talwar couple’s services: the Uttar Pradesh government has decided to rename the dental clinic at Dasna Jail in Ghaziabad after Aarushi Talwar. Aarushi was murdered at the age of 14 at her residence in 2008. Aarushi Talwar’s parents – Rajesh and Nupur Talwar, who are also dentists spent four years in the jail since 2013 as the accused in the murder case.

5. Committee to select RSTV’s editor: A five-member committee has been formed to select the candidate for the post of editor-in-chief of Rajya Sabha TV. This committee is headed by Prasar Bharati Chairman A Surya Prakash. The post of RSTV’s editor-in-chief felt vacant when Gurdeep Singh Sappal resigned after Hamid Ansari’s term as vice-president came to an end in August 2017.

6. Sushma Swaraj visits Dhaka: With External Affairs Minister Sushma Swaraj is on a two-day visit to Bangladesh. Dhaka will be looking at increased cooperation on how to deal with the Rohingya refugee crisis. Sushma Swaraj had promised all possible help to deal with the massive influx of Rohingya refugees during her 15-hour flight to New York, seated next to Bangladesh PM Sheikh Hasina last month.

7. Toilets to be named as ‘izzat ghar’: The Central Government has asked each state to name the toilets in their rural households as “izzat ghar”, or to use a phrase in regional language equivalent to “house of dignity”. It is done with the aim of making India open defecation free by 2nd October 2019. The Ministry of Drinking Water and Sanitation is looking over the implementation of Swachh Bharat Mission in villages.

INTERNATIONAL UPDATES:
1. Legalization of marijuana for medical purposes in Peru: Peru’s conservative Congress passed a bill to legalize medical uses of marijuana. This legislation was proposed by Preu’s President Pedro Pablo Kuczynski. It came after police cracked down on a group of mothers making cannabis oil in a makeshift laboratory to treat their children suffering from epilepsy, a neurological disorder.

2. Aung San Suu Kyi’s and Oxford: Students at the St Hugh’s College voted to remove Aung San Suu Kyi’s name from the title of their Junior Common Room, in North Oxford, England. Her name was dropped owing to her inability to stop severe human rights abuses against Rohingyas in Myanmar. She had graduated from St. Hugh’s College in 1967 and was granted an honorary doctorate from the university in 2012.

3. Lebanon passes first budget since 2005: Lebanon’s parliament has approved a government budget for the first time since 2005. For 12 years, political crises and wars have forced Lebanon’s state institutions to operate without a budget. The 2005 assassination of former premier Rafik Hariri, plunged Lebanon into turmoil, dividing the country between supporters and enemies of Damascus.

 OTHER UPDATES:


BANKING/FINANCE:
1. Government encouraging small saving schemes: In order to encourage savings, Central Government has issued a notification allowing all public sector banks and top three private sector banks (ICICI, HDFC and Axis Bank) to accept deposits under various small savings schemes. Until now, most of these schemes were sold through post offices. Small savings schemes include National Savings Certificate, recurring deposits and monthly income plan.

SCIENCE/TECHNOLOGY:
1. Two NASA astronauts have successfully completed a spacewalk to install a new camera system outside the International Space Station: This has replaced a blown fuse and installed a new high definition camera on the starboard truss of the station. This was the fifth spacewalk of Bresnik’s career – 32 hours total spacewalking – and the third for Acaba – 9 hours and 46 minutes total spacewalking.

HONOURS/AWARDS:
1. Playback singers Alka Yagnik and Udit Narayan have been selected for the Madhya Pradesh state government’s prestigious National Lata Mangeshkar award:  The artistes will be honoured for their contribution in the field of singing and composition of music. The award is alternatively given to music directors and playback singers every year.

Sunday, October 22, 2017

Daily GK Updates - 21st October, 2017



NATIONAL UPDATES:

1. Film on murdered journalist Gauri Lankesh to be made: A Kannada film will be made by director AMR Ramesh who knew Gauri Lankesh personally. He said that his focus will be on who killed her and would be done with clarity.

2. Solicitor General Ranjit Kumar resigns: The Solicitor General of India is below the Attorney General for India and its primary lawyer in the Supreme Court of India. Solicitor General Ranjit Kumar has resigned due to personal reasons. In June 2014, he was appointed solicitor general after the Modi government came to power.

3. Meals served on train to have details of quantity and supplier: Railway Minister Piyush Goyal has directed officials to ensure that meals served onboard trains carry information about quantity, date of packing and the contractor supplying it. As of now, the packets only mention if the food is vegetarian or non-vegetarian.

4. IIT Bombay partially rolls back hiked fee: After students protested against the fee hike introduced in May this year, the institute has decided to partially roll back. The roll back varies between 28-43% depending on various categories.

5. 150 people trapped after dam collapses in Maharashtra: A check dam on Pimpaldoh lake in Maharashtra’s Ahmednagar collapsed causing flooding and inundation in Arangaon village . They have been rescued by the National Disaster Response Force teams which were rushed to the spot. 

6. Centre gives clearance to greenfield airport project at Hirasar near Rajkot in Gujarat: The Centre has given clearance for a greenfield airport project at Hirasar, near Rajkot in Gujarat.The Environment Ministry has given the environment clearance to the Gujarat State Aviation Infrastructure Company Ltd (GSAICL) for development of a greenfield airport at Rajkot at a cost of over 1,400 crore rupees.The proposed project will aid the development of trade and tourism besides improving regional connectivity in Gujarat.

7. Dharmendra Pradhan inaugurates 1st phase of PNG supply system in Bhubaneswar: The Petroleum Minister Dharmendra Pradhan has inaugurated first phase of Piped Natural Gas supply system in Bhubaneswar, Odisha. In the first phase, 255 houses in Nalco Nagar in Chandrasekharpur of Bhubaneswar were supplied with environment-friendly PNG. Around 25 thousand households in twin-city Bhubaneswar and Cuttack would get PNG connection by end of next year. The overall capital expenditure for the Bhubaneswar and Cuttack gas distribution projects will cost around Rs. 1700 crore. Piped Natural gas (PNG) is used for Domestic, Commercial and Industrial Consumption. PNG has several distinctions to its credit of being a pollution-free fuel, economical and safer fuel being few of them.


8. 500 long distance trains to run quicker from next month: The Indian Railways will soon cut short the running time of over 500 long distance trains by up to two hours. The new timings will be updated in the November timetable of the railways. The railways has also started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. This is part of an overhaul of the rail system of increasing the average speed of existing trains.

9. International conference on consumer protection to be held on 26th Oct: A two-day international conference on consumer protection will be held in New Delhi on 26th October, 2017. Prime Minister Narendra Modi will inaugurate the conference. The conference will discuss how the UN guidelines on consumer protections can be implemented. The Consumer Affairs Ministers and representatives of 24 South East Asian countries will attend the conference on the theme of empowering consumers in the age of new markets.

INTERNATIONAL UPDATES:
1. Jacinda Ardern to be next New Zealand PM: Jacinda Ardern (37-year) is set to become the next prime minister of New Zealand just months after taking control of the opposition Labour party in the middle of an election campaign. She will become one of her country’s youngest prime ministers and the third woman to lead a government after winning the support of the nationalist New Zealand First party. The Labour-NZ First coalition controls 55 of the 120 seats in the country's parliament and the Green Party supporting it with eight lawmakers cross the 61-mark to pass policies.

2. Musharraf blames Zardari for Benazir Bhutto’s murder: Pakistan’s ex-President Pervez Musharraf accused former PM Benazir Bhutto’s husband Asif Ali Zardari of Bhutto’s murder. Musharraf claimed that Zardari,who co-chaired the People’s Party of Pakistan after Bhutto’s death had the most to gain from her murder.

3. Hurricane Maria towards Atlantic Ocean: Hurricane Maria which struck the Dominica Island made landfall in Puerto Rico. It is likely to reach the Turks and Calicos Islands, the Bahamas and travel north into the Atlantic Ocean.

4. UAE appoints country's first Minister of State for Artificial Intelligence:  Artificial intelligence (AI) is apparently intelligent behavior by machines, rather than the natural intelligence (NI) of humans and other animals. The UAE has named Omar Bin Sultan Al Olama (27-years) as the country's first Minister of State for Artificial Intelligence (AI). His appointment is part of the UAE's ambition to be at the forefront of the global technological revolution. Other new positions created in the reshuffle include a Minister for Advanced Sciences and another for Food Security.

5. Have short range nuclear weapons to counter Indian conflict - Pakistan: Pakistan PM Shahid Khaqan Abbasi said that the country has short range nuclear weapons to counter India’s Cold Start military doctrine. Pakistan is on course of having 350 nuclear weapons, the world’s third largest stockpile after US and Russia.

6. China gets world’s fastest bullet train: China started operating the world’s fastest bullet train, Fuxing between Beijing and Shanghai. The train has an average speed of 350 km/hr and maximum speed of 400 km/hr.

 OTHER UPDATES:
SPORTS:
1. Dhoni becomes 6th cricketer to play 300 ODI’s for India : MS Dhoni played 303 ODI’S overall with the former captain having played 3 ODI’s for Asia XI in 2007.Sachin Tendulkar has played most ODI’s for India at 463 followed by Rahul Dravid at 340.

2. Sindhu, Saina crash out of Japan Open : Sindhu lost to Japan’s Nozomi Okuhara and Saina lost to Spain’s Carolina Marin in the second round. Both of them lost to their opponents in straight sets.

BUSINESS/ECONOMY:
1. Birla Sun Life, Max Life initiate merger talks: Analjit-Singh promoted Max Financial services is in talks with Aditya Birla Group to explore a merger of their life insurance businesses. Singh is also in talks with Apax Partners to sell his 30% stake in Max Financial.

2. GSTN launches excel-based offline tool to file initial GSTR-3B returns: Goods and Services Tax Network (GSTN) has launched an Excel-based offline tool for businesses to file initial GSTR- 3B returns. Now, taxpayers can download the offline utility from the GSTN portal and after filling in the data the file can be uploaded on GST portal. After uploading of the return to the GST Portal, the taxpayer has to preview the form, complete formalities like submit, offset the liability and file their GSTR-3B Return using digital signature or electronic verification code. This facility will provide an opportunity to the taxpayer to verify details of GSTR 3B before filing and minimise chances of error.

3. BlackRock sells Singapore office tower for $1.5 billion: World’s largest asset manager, BlackRock, is selling its Asia Square Tower 2 in Singapore. The deal will mark Singapore’s second largest office building sale. Last year, Qatar Investment Authority had bought Tower 1 from Black Rock for $2.5 billion.

BANKING/FINANCE:
1.Govt permits banks to sell more small savings schemes: The government has authorized all public-sector banks and three private banks (ICICI, HDFC, and Axis) to accept deposits under various small savings schemes like National Savings Certificate (NSC), recurring deposits and monthly income plan. So far, public sector banks were allowed to receive subscription under Public Provident Fund (7.8%), Kisan Vikas Patra-2014 (7.5%-mature in 115 months), Sukanya Samriddhi Account (one for girl child savings-8.3%), Senior Citizen Savings Scheme-2004 (8.3 per%- quarterly). Increased outlets for selling small savings scheme would result in higher mobilization under the scheme.

2. Yes Bank cuts over 2,500 jobs: Private sector lender Yes Bank cut nearly 2,500 jobs citing reasons such as digitisation and bad performance. The bank had 20,851 employees at the end of June.

OBITUARIES:
1. Former CPI-M MP Amal Datta passes away: Former CPI-M Lok Sabha member Amal Datta (84-year) passed away at a private hospital in Kolkata yesterday following a cardiac arrest. Datta represented Diamond Harbour Lok Sabha seat in West Bengal for 14 years. He was a nephew of veteran Marxist leader Jyoti Basu.

Saturday, October 21, 2017

Daily GK Updates - 20th October, 2017



NATIONAL UPDATES:

1. New Tourism policy of Assam:  Assam state cabinet has launched a new Tourism policy- 'Tourism Policy of Assam 2017' with the aim of increasing tourist inflow in the state two to three folds within the next five years. Its main focus to make Assam a filmmaking destination by offering a range of incentives to movie producers to come and shoot in the state. The new policy will be effective starting January 2018 till December 2022.

2. Loan waiver scheme of Maharashtra Government: The Maharashtra Govt. has released the sum of 4,000 crore rupees under the first phase of the over 34,000 crore rupees farm loan waiver scheme. A list of 8.4 lakh beneficiaries has been uploaded online and it would be sent to banks. From a single bank account, money will be transferred to banks and they will be asked to deposit the money in farmers' accounts as per the list.

3.'Online chat' platform to answer queries of taxpayers: Income Tax Department has launched an online chat service for taxpayers. They can get answers to their basic queries and doubts relating to direct tax issues. A window has been hosted on the main page of the department's website 'incometaxindia.gov.in' with a prominent icon stating Live Chat Online- ask your query. A person can enter the 'chat room' by furnishing an email-id and ask questions as a guest. A team of experts from the department and independent tax practitioners has been deputed to answer the general queries of a taxpayer.

4. Kamle - 23rd district approved by Arunachal Assembly: The Arunachal Assembly passed a bill paving way for creation of a new district to be named Kamle (bifurcating Subansiri districts). Now, the total number of districts in the state shot up to 23.
It consists of six administrative units, three under Lower Subansiri and three under Upper Subansiri.

5. Reduction in call rates on Satellite Phone used by armed forces: The Union Govt. has abolished the monthly charges on Digital Satellite Phone Terminal (DSPT) and reduced call rates to 1 rupee per minute to personnel of military and paramilitary. The Defence, as well as paramilitary personel will be able to make calls to their families using the satellite phone for Rs 1 per minute (existing Rs 5 per minute). Now, no monthly fee will be taken for using the service.

INTERNATIONAL UPDATES:
1. India, Brazil & South Africa sign IBSA Trust Fund agreement: India, Brazil and South Africa signed the IBSA Trust Fund Agreement that seeks to fight poverty in developing countries. The agreement was signed by Minister of State for External Affairs V K Singh who led the Indian side at the 8th IBSA trilateral Ministerial Commission Meeting in Durban. The IBSA Trust Fund brings together the three emerging economies of India, Brazil and South Africa to combat poverty in other developing countries. Each country contributes USD 1 million annually to this fund which is managed by the UN Development Programme's (UNDP) Special Unit for South-South Cooperation.

2.  South Africa displace India from top of ODI rankings: India lost their number one status in ICC ODI rankings to South Africa. Now, India and South Africa have identical 120 points against their name, India is placed second on the basis of decimal points. Recently, India had claimed the top spot in the ICC rankings following their 4-1 win over Australia at home recently.


OTHER UPDATES:

HONOURS/AWARDS:
1. Environmental scientist Schellnhuber receives Blue Planet Prize: The world’s most prestigious award for pioneers in environmental science has been given to Hans Joachim Schellnhuber in Tokyo. The Blue Planet Prize honors outstanding thinkers who help to meet challenges of planetary dimensions.