DAILY CURRENT AFFAIRS: 2ND JUNE 2017

DAILY CURRENT AFFAIRS: 2ND JUNE 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. INAUGURATION OF MITS MEGA FOOD PARK AT RAYAGADA, ODISHA.
i. Union Minister of Food Processing Industries, Harsimrat Kaur Badal inaugurated 1st Mega Food Park in the state of Odisha M/s MITS Mega Food Park Pvt. Ltd. at Rayagada district.
ii. Mega Food Parks create modern infrastructure facilities for food processing along the value chain from farm to market with strong forward and backward linkages through a cluster based approach.
iii. Government of India has provided a financial assistance of Rs. 50.00 Cr to the project inauguration.

2. TELANGANA GOVERNMENT TO LAUNCH ITS OWN ‘T-WALLET’
i. ‘T-Wallet’, the official digital wallet of Telangana State was launched by Telangana IT Minister K.T. Rama Rao.
ii. T Wallet is available as an ‘Any Time, Any Where’ digital payment option for everyone. Citizens can use T Wallet to make payments for both Government and Private transactions.
iii. It has been integrated with various Government departments and services such as MeeSeva, GHMC, TSNPDCL, HMWSSB, TSSPDCL, RTA.
iv. T Wallet can be accessed through Smart Phone, Online Web Browser, Feature Phone and even No phone.
v. Citizens with feature phone or no Phone can use Mee Seva centres to open T Wallet, Load money into wallet and make payments. It is hosted on Microsoft Azure platform.

3. INDIA RANKED 137TH IN THE GLOBAL PEACE INDEX 2017
i. India has ranked 137th out of 163 countries on Global Peace Index 2017 published by The Institute of Economics and Peace. This is the 11th edition of the Global Peace Index.
ii. Top 5 Most Peaceful Countries as per 2017 Global Peace Index are: Iceland, New Zealand, Portugal, Austria and Denmark.


4. INDIA’S GDP IN Q4 GROWS 6.1%, LOSES FASTEST GROWING ECONOMY TAG
i. As per Government data released, India’s Gross Domestic Product grew at 6.1% year-on-year in 4th quarter of financial year 2016-17 i.e. during January 2017 to March 2017.
ii. India lost the fastest growing economy tag to Chinese economy, which grew at 6.9% during January 2017 to March 2017.
iii. The Q4 GDP growth was lower than the general expectation. Analysts believe that demonetization drive of Government, weighed down on the Q4 GDP numbers, as it was the first full quarter post demonetization.

5. INDIA SIGNS LOAN AGREEMENT WITH THE WORLD BANK FOR USD 36 MILLION FOR “HIMACHAL PRADESH PUBLIC FINANCIAL MANAGEMENT CAPACITY BUILDING PROGRAM”
i. Indian Government signed USD 36 million loan agreement with World Bank for Himachal Pradesh Public Financial Management Capacity Building Program in New Delhi.
ii. The objective of the project is to improve the efficiency of Public Expenditure Management and Tax Administration in Himachal Pradesh.
iii. The Program is expected to contribute to enhancing efficiency of key departments, improving budget credibility, strengthening systems and procedures to improve fiscal discipline, improving revenue administration to increase fiscal space, and targeted organizational reforms including human resource reforms.

5. PRESTIGIOUS APQN QUALITY AWARD TO NAAC FOR INTERNATIONAL CO-OPERATION IN QUALITY ASSURANCE
i. National Assessment and Accreditation Council of India received prestigious International Award of Asia Pacific Quality Network titled “APQN Quality Award 2017 for International Co-operation in Quality Assurance” in Moscow, Russia.
ii. NAAC has been awarded for playing a pro-active role in international quality assurance scenario.
iii. APQN Quality Awards are among the most prestigious International Awards in quality assurance of higher education.
iv. NAAC is an organisation that assesses and accredits institutions of higher education in India. It is an autonomous body funded by University Grants Commission. NAAC is located in Bengaluru, Karnataka.

6. UN GENERAL ASSEMBLY ELECTS SLOVAKIA’S MIROSLAV LAJCAK AS NEXT PRESIDENT
i. Slovak foreign minister Miroslav Lajcak was elected as the President of 72nd session of the UN General Assembly.
ii. Lajcak, will succeed Fijian diplomat Peter Thomson. In May 2016, the Slovak government had formally nominated Lajcak as a candidate for the position of UN Secretary-General.

7. JAPAN LAUNCHES NEW SATELLITE TO IMPROVE GPS
i. Japan has launched a new satellite to help build a high-precision geo-location system. It will be complement the US operated Global Positioning System.
ii. Japan aims to build its version with 4 satellites focusing on the country and wider region.
iii. The rocket carrying the Michibiki No. 2 satellite, H-IIA, was launched from the Tanegashima space center in Kagoshima Prefecture, Southern Japan.
iv. The satellite geolocation system that was initially designed for the US military power countless applications including car navigation and internet browsing on mobile phones.

8. WORLD MILK DAY: JUNE 1, 2017
i. World Milk Day has been observed on 1st of June every year. It is an initiative of the United Nations Food and Agriculture Organisation.
ii. It has been observed to celebrate the contribution of the dairy industry around the globe. The first World Milk Day was held in 2001.
iii. The theme of World Milk Day 2017 was Raise a glass for milk.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. UNION MINISTER OF FOOD PROCESSING INDUSTRIES, HARSIMRAT KAUR BADAL INAUGURATED A MEGA FOOD PARK AT RAYAGADA DISTRICT OF?
a)  Odisha
b)  Madhya Pradesh
c)  Telangana
d)  Rajasthan
Q2. WHICH STATE GOVERNMENT LAUNCHED ITS OWN OFFICIAL DIGITAL WALLET?
a)  Andhra Pradesh
b)  Telangana
c)  Karnataka
d)  Kerala
Q3. INDIA HAS RANKED ____ OUT OF 163 COUNTRIES ON GLOBAL PEACE INDEX 2017 PUBLISHED BY THE INSTITUTE OF ECONOMICS AND PEACE.
a)  147th
b)  157nd
c)  137th
d)  142nd
Q4. AS PER GOVERNMENT DATA RELEASED, INDIA’S GROSS DOMESTIC PRODUCT GREW AT WHAT RATE IN FOURTH QUARTER OF FINANCIAL YEAR 2016-17?
a)  6.5%
b)  6.3%
c)  6.4%
d)  6.1%
Q5. NAAC OF INDIA RECEIVED PRESTIGIOUS INTERNATIONAL AWARD OF ASIA PACIFIC QUALITY NETWORK TITLED “APQN QUALITY AWARD 2017 FOR INTERNATIONAL CO-OPERATION IN QUALITY ASSURANCE” IN MOSCOW, RUSSIA. ABBREVIATION NAAC STANDS FOR?
a)  National Assessment and Accreditation Council
b)  National Assessment and Accountability Council
c)  National Authority and Accountability Council
d)  National Assessment and Aggregation Council

ANSWERS: 

1 - A    2 - B    3 - C    4 - D    5 - A