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Wednesday, June 13, 2018

Daily GK Updates - 13th June, 2018


NATIONAL UPDATES:
1. Govt. to raise pension limit under APY : Government is considering a proposal to raise the pension limit under Atal Pension Yojana to up to ₹10,000 per month from the existing slab of up to ₹5,000.Pension is given by the Pension Fund Regulatory and Development Authority.Currently, the age of entering APY is from 18-40 years but an increase in the same by another 10 years from 18-50 years will help in expanding the subscriber base.

2. Odisha announced health care assistance : Odisha CM Naveen Patnaik announced that the state government would launch a new scheme which will provide health care assistance of Rs 5 lakh per family in government hospitals to around 3.5 crore people.CM announced that the “Biju Swasthya Kalyan Yojana” will be launched on August 15.It will provide health care benefits to around 3.5 crore people from over 70 lakh families in the state.

3. Haryana raised age limit for in govt service : The Haryana government has raised the upper age limit of entry into government service from 40 to 42 years.The spokesperson said a circular to this effect was addressed to all administrative secretaries, heads of departments, chief administrators and managing directors of all boards, among others.Manohar Lal Khatta is CM of Haryana.

4. 10 new Swachh Places under Swachh Bharat : Ten new iconic sites have been taken up under Phase III of the flagship project Swachh Iconic Places (SIP) of the Swachh Bharat Mission.Places are: RaghavendraSwamy Temple, Hazardwari Palace, Brahma Sarovar Temple, VidurKuti, Mana village, Pangong Lake, Nagvasuki Temple, ImaKeithal/market, Sabarimala Temple and Kanvashram.The project is under Ministry of Drinking Water and Sanitation.

INTERNATIONAL UPDATES:
1. President Kovind to embark on 3-nation visit : President Ram Nath Kovind will embark on a three-nation tour to Greece, Suriname and Cuba.On the first leg of the visit, the President will leave for Athens. President Kovind will leave for Suriname on the 2nd leg.A number of agreements and MoUs in the areas of health and medicine, elections, IT, Ayurveda are scheduled to be signed.

2. Trump & Kim Sign Agreement On Denuclearization : US has decided to provide security guarantees to North Korea, in exchange of Pyongyang’s firm and unwavering commitment to complete denuclearisation of the Korean Peninsula.This is according to the joint document which was signed by US President Donald Trump and North Korean leader Kim Jong Un.Both nations commit to establishing new relations in accordance with the desire of the people.
OTHER UPDATES:
BUSINESS/ECONOMY:
1. Railways to cut 11,000 redundant posts in FY19 : The Railway Board has set a target of shedding 11,040 redundant posts in different railway zones in 2018-2019.
The posts have been identified to be included in the “pool of surrendered posts”, which have either been vacant for long or rendered redundant due to technological advancement.Last year, the number of such surrendered posts was around 10,000.

2. CPI inflation quickens to 4-month high : Retail inflation accelerated to a four-month high in May as quickening food and fuel costs lifted the Consumer Price Index (CPI) based reading to 4.87%.The acceleration in price gains in May, a second straight month when the headline reading has risen, followed April’s 4.58% pace.The food and beverages segment saw inflation accelerating to 3.37% in May, from 3% in April.

BANKING/FINANCE:
1. Low recoveries of NPAs : RBI data While public sector banks have claimed a ₹1,50,960 crore reduction in their non-performing asset levels over 2017-18, only 27% was actual recoveries, according to data provided by RBI Governor Urjit Patel.Public sector banks saw a ₹1,50,960 crore reduction in their NPA levels from the start of financial year 2017-18 till December 31, 2017.NPA refers to loans or advances that are in default

SCIENCE AND TECHNOLOGY:
1. Two frog species discovered : In a significant discovery, two species of frogs have been recorded in the Indian peninsular — Fejervarya kalinaga from the Eastern Ghats and Fejervarya krishnan from the Western Ghats.The Eastern Ghats species of Fejervarya kalinga attains significance since it is endemic to moist high altitude forest of the region.These new species are habitat specialists.

SPORTS:
1. India bagged 3 Medals At Boxing Tournament : Indian boxers bagged one Gold and two Silver medals at the Umakhanov Memorial Tournament in the Russian city of Kaspiysk.Saweety Boora won the coveted yellow metal in the Women’s 75 kg category after beating Anna Anfinogenova (Russia) in the Final.In the Men’s section, Brijesh Yadav in the 81 kg division and Virender Kumar in 91 kgs lost their Final bouts to settle for Silver medals.

2. Murali became 2nd fastest Indian in 10,000 m : Young long-distance runner Gavit Murali Kumar bagged a gold in men’s 10,000 m race at the Gouden Spike meeting in Leiden, Netherlands.He became the second fastest Indian in this event.The 21-year-old Kumar, a bright talent from Gujarat, clocked a personal best of 28 minutes 43.34 seconds, the best by an Indian in the ongoing season.

Tuesday, June 12, 2018

Daily GK Updates - 12th June, 2018


NATIONAL UPDATES:
1. Safer train rides for women with Vahini : Women can now look forward to safer journeys, with the Waltair division of ECoR deploying the Subhadra Vahini at the railway station.Vahini is a first-of-its-kind all-female group of 32 railway personnel comprising 16 from the RPF and an equal number from the commercial wing of the division.It has a Facebook page at https://subhadravahiniteamwaltair, while the WhatsApp number is 8978080777.

2. Ministry to study marine litter issue : The Union Ministry of Earth Sciences will begin work on gauging marine litter and their sources along the country’s coastline.The country had joined the United Nations’ ‘Clean Seas’ programme.India and the US had signed a MoU in 2008 to have scientific and technical cooperation in Earth observations and Earth sciences.

3. Punjab to install dust collectors : Punjab is set to counter dust pollution in grain markets across the state with the installation of dust collectors on nearly 50,000-grain cleaning machines.It will provide relief to 3,00,000 directly-affected workers.The pollution is the main cause of respiratory and lung diseases among labourers, farmers, and commission agents, as well as those living in the vicinity of the grain markets.

4. CM inaugurates Green Mizoram Day : Green Mizoram Day was observed on 11 June across the Mizoram state.CM Lal Thanhawla inaugurated the Green Mizoram Day, 2018 at a function attended by his cabinet colleagues, legislators and senior government officials where they undertook ceremonial planting of trees along the river Chite in Aizawl.It is being organised every year on June 11 since 1999.

5. Railways launch ‘Menu On Rails’ App : The Ministry of Railways launched a new app called ‘Menu On Rails’ through which passengers can see meals on offer onboard trains.The ‘Menu on Rails’ is developed by IRCTC for creating awareness about the food items served to passengers on their rail journey.At present, for mail and express trains, food items are covered in four categories namely beverages, breakfast, meals and a-la-carte.

6. National Awards on Best Performing SHGs : Shri Narendra Singh conferred the National Awards on Best Performing Self Help Groups under Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM).It will provide public recognition to the outstanding performance of the community institutions.As part of the Award, each SHG received a cash award of Rs. 1,00,000 along with a commemoration and a certificate of appreciation.

7. PM’s maternity scheme benefits 23.6 lakh : Pradhan Mantri Matru Vandana Yojana (PMMVY), the government has provided cash incentives to nearly 23.6 lakh beneficiaries out of an estimated 51.6 lakh a year.The scheme was approved by the Union Cabinet in May 2017.Under the scheme, pregnant women and lactating mothers are offered a cash incentive of Rs. 6,000 on the birth of their first child.

8. India to host first BIMSTEC war games : India will host the first military exercise of the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) group focussing on counter-terrorism in September.The aim of the exercise is to promote strategic alignment among the member-states and to share best practices in the area of counter-terrorism.The exercise is scheduled to be held in Pune.

9. Indian Railways launched ‘Rail MADAD’ App : In a bid to ease the travelling experience of the passengers Ministry of Railways launched Rail MADAD mobile app. Rail MADAD (Mobile Application for Desired Assistance During travel) registers a complaint with minimum inputs from passenger and issues unique ID instantly. Rail MADAD also displays various helpline numbers (eg. Security, Child helpline etc) and provides direct calling facility.

INTERNATIONAL UPDATES:
1. U.S. extradites Panama ex-President Martinelli : Former Panamanian President Ricardo Martinelli returned home to face political espionage and embezzlement charges after being extradited from the United States.He had been jailed in Miami since his arrest at his home in June 2017.The 66-year-old Martinelli, who was Panama’s president from 2009 to 2014, is accused of embezzlement and illegally monitoring phone calls and other communications.

2. India gives Rs 99 mn to Nepal : India extended a financial aid of Rs 99 mn to Nepal for the construction of 2,700 shallow tube well irrigation systems in 12 districts of the country.The assistance has been extended as part of the final payment for the Nepal-Bharat Maitri Irrigation Project, which was launched to boost growth to the Himalayan nation’s agricultural sector.Manjeev Singh Puri is India’s Ambassador to Nepal.

3. World Day against Child Labour 2018 : ILO launched the World Day Against Child Labour in 2002 to focus attention on the global extent of child labour and the action and efforts needed to eliminate it.Each year on 12 June, the people from around the world come togather to highlight the plight of child labourers and what can be done to help them.The theme for World Day against Child Labour 2018 is Generation Safe & Healthy.

OTHER UPDATES:
BUSINESS/ECONOMY:
1. Petrol, diesel sales hit record high in May : India’s domestic sales for diesel and petrol rose to record highs in May, pushing the country’s overall fuel consumption for the month higher year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.Fuel consumption, a proxy for oil demand, totalled 18.72 million tonnes last month.Diesel consumption in 2018 may more than double from 2017.

BANKING/FINANCE:
1. Guidelines to enhance loan for large borrowers : In a move to enhance credit discipline among larger borrowers, the RBI proposed a “minimum level of loan component” of 40 percent for borrowers having an aggregate fund-based working capital limit of Rs. 150 crores and above from the banking system.It will be proposed to be effective from October 1, 2018.The 40 percent loan component will be revised to 60 percent from April 1, 2019.

Monday, June 11, 2018

Daily GK Updates - 11th June, 2018


NATIONAL UPDATES:
1. India is 2nd highest sender of foreign student : With 1,86,000 Indian students currently studying in the United States, India is the second highest sender of foreign students to the US, next only to China.US consul general in Kolkata, Craig Hall, stated that the United States is the top destination for foreign students worldwide.The number of Indian students in the US has more than doubled in the last 10 years.

2. Saxena appointed acting UPSC chief : UPSC member Arvind Saxena has been appointed as the acting Chairman of the commission from June 20.Saxena, a 1978-batch Indian Postal Service officer, will take over the charge from incumbent Vinay Mittal who completes his term at the Union Public Service Commission (UPSC) on June 19.Saxena joined the UPSC in May, 2015 after he completed his stint in the Aviation Research Centre (ARC).

3. Sharad Kumar appointed vigilance commissioner : Former NIA chief Sharad Kumar was on June 10 appointed vigilance commissioner in the probity watchdog Central Vigilance Commission (CVC).Mr. Kumar has been appointed vigilance commissioner in the Central Vigilance Commission for a term of four years or till he attains the age of 65.The Commission comprises of a Central Vigilance Commissioner and two vigilance commissioners.

4. Maharashtra most vulnerable state : Maharashtra has been ranked the most vulnerable state in the draft National Disaster Risk Index, followed by West Bengal & Uttar Pradesh.States like Uttarakhand and Himachal Pradesh that are prone to natural calamities have been ranked relatively lower.Few factors taken into consideration were exposure of population, agriculture and livestock, environmental risk & economic vulnerabilities.

5. India to get its 1st police museum in Delhi : India will get its first national police museum in Lutyens Delhi, a senior official said.The museum, which will depict the history of central and state police forces, will come up as an underground facility in the premises of the National Police Memorial.It will be inaugurated on Police Commemoration Day, which is held on October 21.
INTERNATIONAL UPDATES:
1. India mulls new group in WTO : India is considering bringing together a group of 8-10 member countries of the WTO.It would be an informal group within the World Trade Organisation (WTO).The group may include nations like Brazil, China, South Africa, China, Indonesia and Columb.

2. Mauritius to host global Hindi meet : The upcoming 11th World Hindi Conference in Mauritius is likely to produce directives to increase the popularity of Hindi globally.
The World Hindi Conference is a major event organised every three years by the External Affairs Ministry.The World Hindi Secretariat (WHS) supported by India is located in Mauritius.

OTHER UPDATES:
BANKING/FINANCE:
1. SBI NPAs Surpass Rs 1 Lakh Crore In FY18 : State Bank of India, recorded its highest non-performing asset (NPAs) of Rs. 1.1 lakh crore in 2017-18, almost equal to what it had registered in the decade before.This is available through RTI and the bank’s annual report.The gross NPAs of the bank went up from Rs. 1.12 lakh crore in 2016-17 to Rs. 2.23 lakh crore in the last fiscal.

SPORTS:
1. Simran-Ritika win Mauritius Open : India’s young women’s doubles pair of Simran Singhi and Ritika Thaker won the Mauritius International title.This was just the second international tournament that Singhi and Thaker had participated in this year.Singhi and Thaker had won the All India Junior Ranking Tournament in Tirupur, which secured them a spot in India’s squad for the Badminton Asia Junior Championships.

2. India win 2018 Intercontinental Cup : The Indian national team lifted the 2018 Intercontinental football Cup by defeating Kenya 2-0.Both the goals were scored by India skipper Sunil Chhetri.Organised by the All India Football Federation (AIFF), the quadrangular tournament also featured New Zealand and Chinese Taipei.

3. Rise in India-ASEAN naval games : India is instituting a series of bilateral and multilateral naval exercises with Association of South East Asian Nations (ASEAN) countries.The Navies of India and Indonesia will hold their first bilateral exercise in the Java Sea.The bilateral with Indonesia is in addition to the Coordinated Patrol (CORPAT) that the two sides conduct.

Sunday, June 10, 2018

Daily GK Updates - 10th June, 2018


NATIONAL UPDATES:
1. ISRO’s scientists discover an ‘EPIC’ planet : A team from the Physical Research Laboratory, Ahmedabad, has spotted for the first time a distant planet six times bigger than Earth and revolving around a Sun-like star about 600 light years away.Both the planet and the star have been named EPIC.EPIC 211945201b (or K2-236b) is the name given to the planet and the host star is named EPIC 211945201 or K2-236.

2. Supply chain of Jan Aushadhi stores : The government is strengthening back-end supply chain of over 3,600 Jan Aushadhi stores to ensure availability of low-cost generic medicines.It plans to set up warehouses to serve as regional hubs to these stores to boost supplies.Each store is being connected via a software system to track the real-time position of medicines so that there is no paucity of drugs at any location.

3. Govt to showcase mineral blocks : The mines ministry in July will showcase mineral blocks to be auctioned in the current financial year to attract potential investors.The minister of mines has decided to organise 4th National Conclave on Mines and Minerals for showcasing blocks which will be auctioned by the states.The Centre has asked the states to give representations for showcasing blocks that would be auctioned.

4. 8 States to implement ‘Ayushman Bharat’ : Eight States and four Union Territories have signed MoUs with the Union Health Ministry to implement the government’s ambitious national health protection mission — Ayushman Bharat.Ayushman Bharat aims to provide a cover of Rs. 5 lakh per family annually to 10 crore vulnerable families.The scheme will be available at the point of service in public and private empanelled hospitals.

INTERNATIONAL UPDATES:
1. UNSC elects 5 members for two-year term : The United Nations General Assembly voted to elect Germany, Belgium, South Africa, the Dominican Republic and Indonesia for a two-year term in the Security Council starting on Jan. 1, 2019.The council is the only U.N. body that can make legally binding decisions and has the power to impose sanctions and authorize the use of force.The General Assembly elects five new members in a year.

2. India, Uzbekistan review bilateral ties : Prime Minister Narendra Modi on June 10 met Uzbekistan President Shavkat Mirziyoyev on the sidelines of the SCO Summit.The two leaders reviewed the full range of bilateral ties, especially ways to boost economic and cultural links.India and Uzbekistan are set to route their trade through the Iranian port of Chabahar.

3. India, China to set up new mechanism : India and China have decided to set up a new “people to people mechanism” to build on the momentum in bilateral ties from the Wuhan Summit.The decision to step up people to people contacts was announced by Foreign Secretary Vijay Gokhale.It will be headed on the Indian side by the External Affairs Minister and on the Chinese side by the State Council and Foreign Minster.

4. India, China to jointly identify project : India and China agreed that they will jointly move forward in identifying a specific project in the area of capacity building in Afghanistan.Detailed discussions with China were held on bilateral and global issues on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.India and China have agreed that they will move forward in identifying a specific project initially.

5. Agreements between India and China : India & China have signed 2 bilateral agreements on the sidelines of Shanghai Cooperation Organisation summit.Under the MoU, China would provide hydrological information to India  regarding Brahmaputra River during the flood season.2006 Protocol on Phytosanitary Requirements for Exporting Rice from India to China was amended to include export of non-Basmati varieties of rice from India.

OTHER UPDATES:
BUSINESS/ECONOMY:
1. FinMin may transfer 5 sick CPSE shares : The Finance Ministry is planning to transfer shares of five sick Central Public Sector Enterprises (CPSEs) to the SNIF fund to meet Sebi’s minimum 25 per cent public shareholding.These companies have time till August 21 to meet the 25% public share holding norm.Shares would be transferred on a proportionate basis to the fund to bring down government stake in these CPSEs to 75 per cent.

SPORTS:
1. Anu Kumar wins men’s 800m at : Middle distance runner Anu Kumar claimed a gold in the men’s 800m and Arpandeep Kaur Bajwa grabbed a bronze in the women’s discus throw at  the Junior Asian Athletics Championships.Indian athletes have already won three gold medals, one silver and nine bronze medals at the event.India won their third gold of the competition through Uttarakhand based runner Anu.

2. New Zealand women make record ODI score : New Zealand women’s cricket team posted the highest ever total in One-day cricket by scoring an incredible 490 for four against Ireland in the first match in Dublin.The total posted by the women’s team is the highest ever in ODIs including men’s matches.In men’s cricket, the highest total in ODI is 444 for three, made by England against Pakistan in August 2016 at Nottingham.

Saturday, June 9, 2018

Daily GK Updates - 9th June, 2018


NATIONAL UPDATES:
1. Facial recognition system: Varanasi airport : Varanasi’s Lal Bahadur Shastri International Airport will become India’s first airport to have an automated smart facial recognition system at its entry, security and boarding points.The initiative, which is part of the DigiYatra scheme, will ensure quicker entry into airports by facilitating automated check-ins.It will be functional within the next 4 months as per Airport Director AK Rai.

2. Tree museum in Vadodara : A landfill site in Gujarat’s Vadodara has been converted into a tree museum.The municipal corporation planted over 12,000 saplings of nearly 100 varieties in an area of 50,000 square metres.ardening on the site, which is reportedly worth ₹250 crore, began in 2016 after locals complained of the bad smell emanating from the landfill.

3. HP to scrap semester system in UG courses : The Himachal Pradesh government has decided to do away with semester system in undergraduate (UG) courses and revert to annual examination system.HP Govt had set up a review committee headed by former vice-chancellor to review RUSA (Rashtriya Uchchatar Shiksha Abhiyan) and it has recommended reverting back to annual examination system.The RUSA was introduced in the state in 2013.

4. Sikkim got its longest tunnel : Minister of State for Defence, Dr, Subhash Bhamre has dedicated a highway tunnel at Theng near Chungthang in north Sikkim to the nation.The tunnel will benefit the tourism and rapidly propel the growth of the state.
The double-lane tunnel stretching about 600 meters has been constructed by the Border Roads Organisation at cost of over 42 crore rupees.

5. CRPF jawan posthumously given PM’s medal : CRPF constable Harvinder Singh has been posthumously honoured with the PM’s police medal for saving the lives of Vaishno Devi pilgrims in 2016.Singh had been helping pilgrims reach the shrine when he saw some women and children trapped under a landslide.While saving them, he was hit by a huge rock, later succumbing to his injuries.

INTERNATIONAL UPDATES:
1. PM Modi heads to China for SCO Summit : PM Narendra Modi departed for China’s Qingdao to attend the two-day long 18th Shanghai Cooperation Organisation Summit.Modi will also hold a bilateral meeting with Chinese President Xi Jinping on the sidelines of the SCO summit.The SCO is a permanent intergovernmental international organisation that focuses on strengthening mutual trust and neighbourliness among the member states.

2. Peace Mission 2018 : India and Pakistan will take part in a joint military exercise for the first time, courtesy the Shanghai Cooperation Organisation.The exercise, which is aimed at countering terrorism and will be conducted in Ural region of Russia.Member states of the SCO will participate in the joint military drill ‘Peace Mission 2018’ to promote mutual trust, cooperation and coordination against terrorist.

3. Indonesia wins UNSC vote : Indonesia was elected a non-permanent member of the United Nations Security Council for a two-year term.Maldives and Indonesia had contested for a seat in the UNSC.Indonesia won the seat after securing 144 votes against 46 for the Maldives.The other newly elected non-permanent members of UNSC are Germany, Belgium, Dominican Republic and South Africa.

OTHER UPDATES:
DEFENCE:
1. 1st Indian-made artillery gun ready : India’s first indigenous, long-range artillery gun ‘Dhanush’ has cleared its final test and is ready to be inducted into the Indian Army.Earlier this month, fifty rounds of shells each were fired from six Dhanush guns, which are reportedly called ‘desi Bofors’.The gun also passed the tests in cold, humid, and hot conditions.

SCIENCE AND TECHNOLOGY:
1.Scientists in India discover a planet : Scientists at Ahmedabad’s Physical Research Laboratory have discovered an exoplanet, propelling India into a select group of countries which have found planets outside the solar system.The ‘super-Neptune’ is about 27 times the mass of Earth and six times its radius.It is most likely ‘uninhabitable’ due to the proximity to its star, 600 light-years away from Earth, scientists found.

2. Solar car to protect Taj from pollution : Students of ACE College of Engineering & Management in Agra have developed a four-seater solar car to help reduce air pollution which is damaging the Taj Mahal.Priced at ₹50,000, the car can attain a maximum speed of 30 kmph.The vehicle can be used at night and is also sturdy enough for rural areas, college officials said.

OBITUARIES:
1.Brazilian tennis great Maria Bueno dies : Brazilian tennis great Maria Bueno passed away after a battle with mouth cancer, according to a statement by the hospital. She was 78.Bueno was a former top-ranked player who spent most of her career on the court before the professional era.She won 19 Grand Slam titles overall, seven in singles, 11 in doubles and one in mixed doubles, between 1959 and 1966.

Friday, June 8, 2018

Daily GK Updates - 8th June, 2018


NATIONAL UPDATES:
1. Queen pineapple became Tripura’s ‘State Fruit’ : President Ram Nath Kovind declared Tripura’s queen variety pineapple as state fruit.The state holds good potential in world trade.Export of the pineapple to foreign countries is a major step in connecting with world trade.Tripura exported its first consignment of one-tonne pineapples to Dubai earlier this month.

2. Punjab govt launches business first portal : Punjab Industry Minister Sunder Sham Arora has launched a “Business First Portal” to give a big push towards the ease of doing business in the state. The online portal will facilitate the industrialists for Regulatory Clearances and Fiscal Approvals, real-time tracking of applications at a common platform.
INTERNATIONAL UPDATES:
1. World Ocean Day: 8th June 2018 : On June 8th each year, we celebrate the ocean, its importance in our lives, and how we can protect it.World Oceans Day helps raise the profile of the ocean and inspire more involvement in helping to conserve this amazing resource we all depend on.The main action focus is to prevent plastic pollution and encourage solutions for a healthy ocean.

2. U.S. team to join Indian Ocean study : A team of 20 scientists, along with a key vessel of the United States NOAA, is arriving in Goa.It will mark the expansion of U.S.-Indian collaboration in the study of the Indian Ocean.Subtle changes on the surface and deep below in the western Indian Ocean have significant impact on weather in India in days, and in the United States, two to four weeks later.

OTHER UPDATES:
BANKING/FIANANCE:
1. L&T’s Nabha Power shuts 700 MW unit : L&T Group firm Nabha Power Ltd. (NPL) said it had been forced to shut a 700 MW unit of Rajpura thermal power station due to shortage of coal.The present crisis was triggered by disruption in the supply of coal rakes to the plant.NPL has been facing coal crisis since last year, forcing it to operate the plant at critical levels of coal stocks i.e. less than seven days.

SPORTS:
1. Jakhar claimed hammer gold : India won four medals a gold, a silver and two bronze on the first day of the four-day event in Gifu, Japan at the 2018 Asian Junior Athletics Championships.Ashish Jakhar set a new national record en route to winning a gold medal in the men’s hammer throw event.Jakhar, a former gold medalist at the 2016 Asian Junior Championships, threw the 6kg iron ball and chain to a distance of 76.86m.

OBITUARIES:
1. Renowned Lyricist Rasaraj Narayan Prasad Singh passes away : Renowned lyricist Rasaraj Narayan Prasad Singh passed away at his residence in Bhubaneswar(Odisha).He was the lyricist of several popular melodious songs in Odia cinema.Some of his soulful and melodious songs in Odia cinema are ‘Jeevan Jamuna re Juara uthere’, ‘Ratani gaja gamani’, ‘Ae ta kali kaal reeti biparita bhai re’.Singh penned songs for over 100 movies and radio programmes for which he earned many accolades.

Thursday, June 7, 2018

Daily GK Updates - 7th June, 2018


NATIONAL UPDATES:
1. First tropical storm of east Pacific : The first named tropical storm of the east Pacific hurricane season formed off the coast of Mexico.“Aletta”, the storm is expected to build to hurricane strength early, the National Hurricane Center in Miami said.It had maximum sustained winds of 45 mph (75 kph) and was moving west at 8 mph (13 kph).

2. Election Commission launches RTI portal : The Election Commission of India launched an online RTI portal to help applicants seeking information under the Right To Information Act.The portal can be accessed on the home page of the commission’s website‘eci.nic.in’.The portal also facilitates online reply to applications and also for making first appeal and reply thereto.

3. India ranks 137th on Global Peace Index 2018 : India has moved up four places to the 137th rank among 163 countries on the 2018 Global Peace Index.Iceland remains the most peaceful country in the world, a position it has held since 2008.New Zealand, Austria, Portugal and Denmark also sit in the top five most peaceful rankings.Syria remains the least peaceful country in the world, a position it has held for the past five years.

4. India’s Maternal Mortality Ratio drops to 130 : Union Minister of Health and Family Welfare Jagat Prakash Nadda said India has seen a decline in its Maternal Mortality Ratio from 139 to 130.India’s MMR has significantly fallen from 167 in 2011-13 to the present figure of 130, as per the latest Sample Registration System figures.Ministry of Health and Family Welfare has implemented various schemes to increase access to quality healthcare

5. Outstanding power bill waiver for poors: MP The Madhya Pradesh government has announced a waiver scheme for outstanding power bills for labourers and poor families.The scheme is expected to benefit around 77 lakh people in the state.The state government also approved a scheme to subsidise electricity for registered labourers of the unorganised sector and Below Poverty Line (BPL) families

6. Geo-Intelligence Asia – 2018 : The Eleventh edition of GeoIntelligence Asia 2018 was held in New Delhi.The theme of Seminar was ‘GeoSpatial : A Force Multiplier for Defence and Industrial Security’.The seminar brought together BSF, Police Forces, Government and industry together to examine the latest technology solutions and on the critical role of geospatial technology in military and security applications.
  
INTERNATIONAL UPDATES:
1. World first EPR nuclear reactor begins : A third generation EPR reactor in China carried out its first nuclear chain reaction, an initial start up which is a world first for the much-delayed European technology.The European Pressurised Reactor (EPR) in China “carried out its first chain and therefore it has started.The reactor is not expected to be completed until the mid 2020s.

2. Cabinet approves MoU between India and Oman : The Union Cabinet approved a MoU signed between India represented by the ISRO and Oman represented by the Ministry of Transport and Communications.The MoU on Cooperation in the peaceful uses of outer space was signed in February 2018 at Muscat.This MoU shall enable cooperation in space science, technology, and applications including remote sensing of the earth.

3. Issue of postage stamp between India & Russia : Cabinet has approved the agreement signed in connection with release of Joint Stamps between Department of Posts, India and Russia Post (MARKA) to establish postal cooperation.Bilateral relations between India and Russia are marked by broad understanding on issues of mutual interest.India and Russia enjoy enhanced levels of cooperation in almost all areas of the bilateral relationship.

OTHER UPDATES:
BUSINESS/ECONOMY:
1. RBI to set up Public Credit Registry : In a bid to check loan defaults, RBI said that a Public Credit Registry (PCR) will be set up containing information on all borrowers to ensure financial stability.Following a report by Yeshwant M Deosthalee headed High Level Task Force, RBI said it has considered the recommendations and decided to set up a PCR.The PCR will serve as a registry of all credit contracts.

2. RBI allows banks to spread MTM losses : The Reserve Bank allowed banks to spread their mark-to-market (MTM) losses for the June quarter as well.The central bank had also asked banks to build an Investment Fluctuation Reserve (IFR) of 2% of their holdings.In April, RBI had given banks an option to spread provisioning for MTM losses recorded on their investment portfolio