DAILY CURRENT
AFFAIRS: 20 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
1. INDIA, MYANMAR INK MOU FOR DEVELOPMENT OF RAKHINE STATE
i. India and
Myanmar signed MoU on Rakhine State Development Programme and on Government to
Government agreement on long-term socio-economic development of the state.
ii. This MoU
is the 1st G to G agreement signed by the Ministry of Social Welfare, Relief
and Resettlement of Myanmar. Under this MoU, Government of India proposes to
take up, among others, a project to build prefabricated housing in Rakhine
State so as to meet the immediate needs of returning people.
2. WORLD BANK PROVIDES LOANS OF $125 MILLION FOR STRIVE PROJECT
i. The World
Bank has committed $125 million (around Rs800 cr) loan to India for the Skills
Strengthening for Industrial Value Enhancement (STRIVE) project for skill
development.
ii. The
objective of the operation is to improve access to quality and market-driven
vocational training as well as apprenticeships. The financing agreement was
signed between the World Bank and the Finance Ministry.
3. RBI PLACES BANK OF INDIA UNDER PCA
i. The
Reserve Bank of India has placed Bank of India under the Prompt Corrective
Action Framework, consequent to the onsite inspection under the Risk-Based
Supervision Model carried out for the year ended March 2017.
ii. This is
the first time that the central bank has invoked PCA for a large bank of the
size of BoI.
4. KIREN RIJIJU INAUGURATES TRAINING OF TRAINERS PROGRAM FOR SENDAI
FRAMEWORK
i. The Union
Minister of State for Home Affairs, Shri Kiren Rijiju, inaugurated the 1st
national-level training of trainers program to sensitize various Central
Ministries and Departments on the utilization of Sendai Monitor for developing action
plans for Disaster Risk Reduction in New Delhi.
ii. The 3-day
programme was organized by the National Disaster Management Authority in
collaboration with the United Nations Office for Disaster Risk Reduction-Global
Education and Training Institute.
5. CENTRE GIVES ‘GREEN’ NOD FOR KALESHWARAM PROJECT IN TELANGANA
i. The
Telangana state government’s prestigious Kaleshwaram Lift Irrigation Scheme has
finally got the Green Nod from central government.
ii. The expert
appraisal committee of the Union Ministry of Environment and Forest recommended
the “proposal for grant of environmental clearance” in its meeting held in
Delhi.
6. FRANCE PASSES LAW TO BAN ALL OIL AND GAS PRODUCTION BY 2040
i. France's
parliament has approved a law banning all exploration and production of oil and
natural gas by 2040 within the country and its overseas territories.
ii. Under
that law that passed a final vote, existing drilling permits will not be
renewed and no new exploration licenses will be granted. The French government
claims the ban is a world first.
7. CCI CLEARS INDUSIND BANK-BHARAT FINANCIAL MERGER
i. The
Competition Commission of India has approved the scheme of amalgamation between
IndusInd Bank and Bharat Financial Inclusion.
ii.
According to a filing with the stock exchanges, CCI had considered the proposed
combination and approved the same. The scheme remains subject to the receipt of
approval from the RBI and regulatory approval, including approval of the stock
exchanges, SEBI, and the National Company Law Tribunal.
8. AU SMALL FINANCE BANK JOINS HANDS WITH SAHAJ E-VILLAGE
i. AU Small
Finance Bank has announced signing an MoU with Sahaj e-Village for extending
its banking service in remote areas through Business Correspondent Agent model.
ii. With
this MoU, AU Bank will be able to further foster its mission of financial
inclusion and greater customer outreach. As per the agreement, the BCs will act
as an intermediary between the Bank and the customers in the interior locations
where the Bank does not have a presence.
9. YES BANK, EIB TO CO-FINANCE $400 MN FOR CLEAN POWER PROJECTS
i. YES Bank
and the European Investment Bank will co-finance $400-million funding for
renewable power generation in the country.
ii. Of the
$400-million, the EIB will fund $200 million, while the rest will be supported
by YES Bank, the project promoters, and other financial institutions. The EIB
loan of $200 million has a tenor of 15 years.
10. DELHI RANKS 7TH IN MOST EXPENSIVE OFFICE LOCATIONS
LIST: REPORT
i. Delhi has
emerged as one of the most expensive premium office locations in the world.
Ranked 7th in the list, rent of Delhi’s premium office location is higher than
San Francisco and Dubai, according to the latest report by JLL India, a real
estate services firm.
ii. Mumbai
is at 16th position in the list. The top spot is again taken by Hong Kong and
there is the huge margin between the rent rates between Hong Kong and London
(West), which is second in the list. New York was at the third position.
11. ALL ABOUT ZEE CINE AWARDS 2018
i. Zee Cine
Awards 2018 took place recently, marking the presence of almost all the big
stars from Bollywood. The complete winner's list is out that includes Varun
Dhawan, Sridevi, Ashwiny Iyer Tiwari, and Golmaal Again team grabbing the
highest recognition.
ii. The
complete list of winners of Zee Cine Awards 2018: Best actor male- Varun Dhawan
for Badrinath Ki Dulhania. Best actor female- Sridevi for Mom.
iii. Best
film- Golmaal Again. Best director- Ashwiny Iyer Tiwari for Bareilly Ki Barfi. Extraordinary
franchisee award- Baahubali.
iv. Global
icon award- Priyanka Chopra. Best script award- Nitesh Tiwari for Bareilly Ki
Barfi. Best music director- Amit Trivedi for Secret Superstar.
v. Best male
playback Singer- Akhil Sachdeva for Humsafar. Best action director- Sham
Kaushal for Kaabil.
12. ASSAM SIGNS MOU WITH ISHA FOUNDATION TO SAVE RIVERS
i. The Assam
government has signed an MoU with Isha Foundation to conserve and rejuvenate
the rivers of Assam.
ii. Assam
became the 6th state in the country to sign MoU with non-profit making and
spiritual organization, the Isha foundation. The agreement was signed by Assam
CM Sarbananda Sonowal.
13. ANDHRA PRADESH GOVERNMENT SIGNS AGREEMENTS WITH ALPHABET X
i. The
government of Andhra Pradesh has entered into an agreement with the moonshot
factory of Alphabet (earlier Google) X to bring the breakthrough Free Space
Optical Communication technology in order to provide internet through the
government Fibergrid project.
ii. This
association with X labs to implement FSOC in AP is first of its kind in the
world to provide wireless internet connection at a higher speed of up to 20Gbps
and to a distance of up to 20kms.
14. SKILL DEVELOPMENT MINISTRY AND MARUTI SUZUKI SIGN MOU TO IMPART
SKILL TRAINING'
i. The Skill
Development Ministry and Maruti Suzuki have signed an agreement to impart
training to youth and enhance their employment potential.
ii. As part
of the agreement with the Directorate General of Training, DGT, Maruti Suzuki
will ensure that not less than 80 percent of trainees are placed with Maruti
Suzuki or its business partners.
OBJECTIVE
QUESTIONS BASED ON TODAY’S NEWS
Q1. NAME THE LENDER WITH WHICH THE EUROPEAN INVESTMENT BANK WILL
CO-FINANCE $400-MILLION FUNDING FOR RENEWABLE POWER GENERATION IN THE COUNTRY?
a) Axis Bank
b) YES Bank
c) Syndicate Bank
d) HDFC Bank
Q2. WHICH OF THE FOLLOWING FINANCE BANK HAS ANNOUNCED SIGNING AN
MOU WITH SAHAJ E-VILLAGE FOR EXTENDING
ITS BANKING SERVICE IN REMOTE AREAS THROUGH BUSINESS CORRESPONDENT AGENT MODEL?
a) Ujjivan Financial Services
b) Capital Local Area Bank
c) AU Small Finance Bank
d) ESAF Microfinance and Investments
Q3. AU SMALL FINANCE BANK HEADQUARTERS IN __?
a) Jaipur
b) Thiruvananthpuram
c) New Delhi
d) Mumbai
Q4. THE WORLD BANK HAS COMMITTED $125 MILLION (AROUND RS800 CR)
LOAN TO INDIA FOR THE STRIVE PROJECT FOR SKILL DEVELOPMENT. WHAT DOES 'EV' STANDS FOR IN STRIVE?
a) Vulnerable Empowerment
b) Value Encouragement
c) Value Enhancement
d) Value Empowerment
Q5. THE RESERVE BANK OF INDIA HAS PLACED BANK OF INDIA UNDER THE
PROMPT CORRECTIVE ACTION. THE MANAGING
DIRECTOR & CEO OF BANK OF INDIA IS ?
a) Mahesh Kumar Sharma
b) Pushpendra Mahajjan
c) Sukesh Bakshi
d) Dinabandhu Mohapatra
ANSWERS:
1 - B 2 - D 3
- A 4 - C 5 - D
