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Monthly GK and Current Affairs Capsule–September 2017 Monthly GK and Current Affairs Capsule Monthly GK and Current Affairs Capsule – – September September 2017 2017 CONTENTS CONTENTS S. No S. No 1. 1. 2. 2. 3. 3. 4. 4. 5 5. . 6 6. . 7 7. . 8 8. . 9 9. . 1 10 0. . 1 11 1. . 12 12 1 13 3. . 1 14 4. . 1 15 5. . 1 16 6. . 17 17. . Topics Topics Page No. Page No. 2 2 3 3 1 10 0 1 15 5 2 24 4 3 36 6 40 40 4 42 2 43 43 53 53 55 55 56 56 60 60 61 61 61 61 61 61 6 69 9 Important Days Important State Wise National News Important Ministry Affairs Important Banking & Economy Affairs Important International News Important Appointments Important Awards and Honors Important Business News Important MoU and Agreements Important Schemes, Programs, Conference Important Mobile App and Web Portal Important Defence News Important VIP’s Visit to India Important Ranking and Indexes Important Science and Technologies News Important Sports News Important Obituaries www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 1
Monthly GK and Current Affairs Capsule–September 2017 IMPORTANT DAYS IMPORTANT DAYS 02 02nd Theme Theme – Coconut for Family Nutrition, Health and Wellness 04 04th th September: September: World Chocolate Day 05 05th th September: September: National Teachers Day 05 05th th September: September: International Day of Charity 07 07th th September: September: World Forgiveness Day 08 08th th September: September: International Literacy Day Theme Theme – Literacy in a digital world 10 10th th September: September: World Suicide Prevention Day Theme Theme – Take a minute, change a life 12 12th th September: September: United Nations Day for South-South Cooperation 13 13th th September: September: World First Aid Day 14 14th th September: September: World Fraternity and Apology Day 14 14th th September: September: Hindi Day 15 15th th September: September: International Day of Democracy Theme Theme – Democracy and Conflict prevention 15 15th th September: September: Engineers Day Theme Theme – Role of Engineers in a developing India 16 16th th September: September: International Day for the Preservation of the Ozone Layer Theme Theme – Caring for all life under Sun 20 20th th September: September: International Day for the Total Elimination of Nuclear Weapons 20 20th th September: September: RPF Foundation day 21 21st st S September: eptember: Alzheimer’s Day Theme Theme - Dementia: Can we reduce the risk? 21 21st st September September: International Day of Peace Theme Theme – Together for Peace: Respect, Safety and Dignity for All 22 22nd September: World Cancer Free Day or Rose Day 23 23rd rd September: September: International Day of the Deaf 26 26th th September: September: World Contraception Day, 27 27th th September September: World Tourism Day Theme Theme – Sustainable Tourism – a Tool for Development 28 28th th September: September: International Day for Universal Access to Information, 28 28th th September: September: World Rabies Day Theme Theme – Rabies: Zero by 30 28 28th th September September: World Maritime Day Theme Theme – Connecting Ships, Ports and People 29 29th th September: September: World Heart Day 29 29th th September: September: World Heart Day nd September: September: World Coconut Day nd September: www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 2
Monthly GK and Current Affairs Capsule–September 2017 Theme Theme- Creating Heart Healthy Environments 29 29th th September: September: 30 30th th Sep September: tember: Theme Theme – Translation and Diversity 30 30th th September: September: 30 30th th September: September: World Coffee Day International Translation Day International Translation Day World Deaf Day STATE WISE NEWS STATE WISE NEWS Andhra Pradesh Andhra Pradesh CM – N. ChandrababuNaidu; Governor State State – Andhra Pradesh; Capital Andhra Pradesh CM Chandra babuNaidu announced scheme forbrides of poor families Andhra Pradesh CM Chandra babuNaidu announced scheme forbrides of poor families • Andhra Pradesh ChiefMinister N. ChandrababuNaidu announcedthe launch of PelliKanuka(marriage gift), a schemeaimed at helping families ofbrides belonging to the poorand disadvantaged sectionsof society. • Andhra Pradesh CM Chandrababu Naidu Andhra Pradesh CM Chandrababu Naidu declared the year of 2017 as e declared the year of 2017 as e- -Pragati year • Andhra Pradesh Chief Minister N. Chandrababu Naidu Andhra Pradesh Chief Minister N. Chandrababu Naidu declared the year of 2017 as e-Pragati year. The flagship program will help the government to make real-time governance.The Chief Minister also inaugurated the Andhra Pradesh Sports Policy 2017. Assam Assam State State – Assam; Capital Capital – Dispur; CM CM – Sarbananda Sonowal; Governor Assam govt sets up DBT cell for implementation of Direct Benefit Transfer scheme Assam govt sets up DBT cell for implementation of Direct Benefit Transfer scheme • In Assam, Assam, the state govt state govt. has set up a Direct Benefit Transfer (DBT) Cell set up a Direct Benefit Transfer (DBT) Cell for implementation of DBT across schemes in the Country schemes in the Country. It helps in coordinating efforts at the State Level in taking the DBT initiative forward with immediate effect.It will closely monitor & evaluate the progress of various Departments on DBT related indicators closely monitor & evaluate the progress of various Departments on DBT related indicators. Chhattisgarh Chhattisgarh State State – Chhattisgarh; Capital Capital – Raipur, Bilaspur (Judiciary); CM CM – Raman Singh; Governor Chhattisgarh: ‘Ye India ka time hai’ event organized at NIT Raipur Chhattisgarh: ‘Ye India ka time hai’ event organized at NIT Raipur • ‘Ye India ka time hai’ event was organized at National Institute of Technology, Raipur yesterday evening. The event was held as per the directives of HRD ministry to mark India's 70 years of independence and 75 years of the Quit India movement.AIR correspondent reports that On the occasion of ‘Ye India ka time hai event’, students of NIT Raipur participated in a brainstorming session on 'New India Manthan' and discussed their views on ‘what kind of India do they imagine for the year 2022’. Delhi Delhi New Delhi CM New Delhi CM – Arvind Kejriwal; Governor Governor – Anil Baijal Delhi LG Anil Baijal bans dumping of solid waste at Ghazipur Delhi LG Anil Baijal bans dumping of solid waste at Ghazipur • Garbage dumping in Ghazipur has been banned with immediate effect and the landfill site is likely to be cleared within two years, Lt Governor Anil Baijal's office said. A day after a portion of the waste dump, estimated to be as high as a 15-storey building, collapsed, killing two persons, Baijal held a meeting to take stock of the situation.He directed that traffic be diverted on the road adjoining the landfill for proper vehicular movement."National Highways Authority of Capital – Amaravati; CM Governor – E S L Narashiman Pragati year Governor – Banwarilal Purohit implementation of DBT across Governor - Balram Das Tandon www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 3
Monthly GK and Current Affairs Capsule–September 2017 India (NHAI) assured the LG that it will begin the process of lifting, segregating and processing of the solid waste by November 2017, for its use in road construction". Goa Goa State State – Goa; ; Capital Capital – Panaji; CM CM – ManoharParrikar; Governor Governor - MridulaSinha Goa: CM Parrrikar launches online Public Goa: CM Parrrikar launches online Public Grievance Redressal System Grievance Redressal System • Goa chief minister ManoharParrrikar launched an online Public Grievance Redressal System at the state secretariat. It is a single window online portal for citizens to register grievances towards any state government department. Gujarat Gujarat State State – Gujarat; Capital Capital –Ahmedabad; CM CM – Vijay Rupani; Governor President of India President of India – Ram NathKovind Ram NathKovind Ram NathKovindlaid the foundation stone of the second phase of SAUNI Yojana laid the foundation stone of the second phase of SAUNI Yojana • President Ram NathKovind President Ram NathKovindlaid the foundation stone of the second phase of link IV pipeline canal of Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat Narmada Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat.The Scheme aimed to fill up about 115 dams by the overflowing waters of SardarSarovar Dam on Narmada River. The entire project will benefit more than 2 lakh acres of farm land and more than 900 villages of 7 districts of Saurashtra farm land and more than 900 villages of 7 districts of Saurashtra.The first phases of link I, II, and III of the SAUNI Project have been inaugurated by Prime Minister NarendraModi. The project is aimed at bringing the waters of Narmada River to the reservoirs of parched Saurashtra region. President Kovind was on a two- day visit to Gujarat. Gu Gujarat government launches ‘Gyankunj Project ‘in schools jarat government launches ‘Gyankunj Project ‘in schools • Gujarat CM Vijay Rupani Vijay Rupani has launched “Gyakunj e launched “Gyakunj e- -class project” from Shahpur primary school in Gandhinagar GandhinagarUnder this initiative, interactive e-class will be launched with smart board. In the first phas will be covered under the ‘Gyankunj Project’ and gradually standard 5th to 9th of every schools of the state will cover under the project. ’Gyankunj Project’ covers under total worth of Rs. 35.85 crore ’Gyankunj Project’ covers under total worth of Rs. 35.85 crore. The objective of the project is to produce world-class students. The project is launched at expenditure of Rs. 222,000/ The project is launched at expenditure of Rs. 222,000/- - per school India’s First Lithium India’s First Lithium- -Ion Battery Unit in Gujarat Ion Battery Unit in Gujarat • Suzuki Motor Suzuki Motor will invest more thanRs 1,150 crore Rs 1,150 crorealong with Japanese partners Toshiba and Denso first lithium first lithium- -ion battery facility in Gujarat ion battery facility in Gujarat.The announcement by the parent of the country's largest carmaker, Maruti Suzuki is a major boost to the government's ambitious vehicle electrification and Make in India initiatives. In the battery venture, Suzuki will hold half the stake, while Toshiba will own 40% and Denso the remaining 10%. Japan PM Shinzo Abe in Ahmedabad for India Japan PM Shinzo Abe in Ahmedabad for India- -Japan Annual Summit Japan Annual Summit • Prime Minister NarendraModi received his Japanese counterpart Shinzo Abe at Ahmedabad Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr. Abe is in India on a two-day visit to attend the India India- -Japan annual summit meeting Japan annual summit meeting.The 12th edition of the summit in Gandhinagar, Gujarat Gandhinagar, Gujarat. The two leaders will review the recent progress in the multifaceted co-operation between India and Japan under the framework of their ‘Special Strategic and Global Partnership’ ‘Special Strategic and Global Partnership’. They will also attend a function to mark the commencement of work of India’s India’s first high first high- -speed rail project between Ahmedabad and Mumbai speed rail project between Ahmedabad and Mumbai. Useful Info Useful Info Country – Japan Capital – Tokyo Currency – Japanese Yen Governor – Om PrakashKohli Saurashtra 2 lakh acres of class project” from Shahpur primary school in first phase e, 550 schools 550 schools per school. Toshiba and Denso to set up India India's 's 12th edition of the summit will be held www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 4
Monthly GK and Current Affairs Capsule–September 2017 Shinzo Abe Gujarat Visit: India's First Bullet Train Project Inaugurated Shinzo Abe Gujarat Visit: India's First Bullet Train Project Inaugurated • Prime Minister NarendraModi Prime Minister NarendraModi and his Japanese counter long Mumbai long Mumbai- -Ahmedabad High Ahmedabad High- -Speed Rail in Ahmedabad Speed Rail in Ahmedabad. This is the fourth summit meeting between Modi and Abe.The two leaders visited the Sabarmati Ashram after Abe’s arrival in Gujarat. The Japanese Prime Minister is on a two-day visit to Gujarat. He will also attend the 12th Indo-Japan Summit. PM Modi inaugurates country's biggest dam, SardarSarovar Dam, Called 'Gujarat's Lifeline' PM Modi inaugurates country's biggest dam, SardarSarovar Dam, Called 'Gujarat's Lifeline' • Prime Minister NarendraModi launched the SardarSarovar Dam - the world's second biggest - on the river Narmada in Gujarat.The 1.2-km-long dam, which is 163 metres deep, will irrigate over 18 lakh hectares in the state, according to officials; the water from Narmada will flow into over 9,000 villages through a canal network, SardarSarovar Nigam Limited (SSNL).After inaugurating the dam, PM Modi will head to Sadhu Bet, an island in the river Narmada where a 182-metre-tall statue of SardarVallabhbhai Patel - called the 'Statue of Unity'. Dharmendra Pradhan to host first LPG Dharmendra Pradhan to host first LPG Panchayat in Gandhinagar Panchayat in Gandhinagar • Union Minister for Petroleum and Natural Gas DharmendraPradhan DharmendraPradhan will inaugurate one of the ambitious programmes of the Centre — LPG Panchayat, aimed at encouraging rural communities to turn to clean fuel.The Centre plans to organise one lakh LPG Panchayats across the country, where discussions will take place between officials of fuel companies and villagers on awareness and uses of the LPG. The First LPG Panchayat Gandhinagar, where Pradhan will preside over the interaction between women using LPG under the PradhanMantriUjjawalaYojana (PMUY) PradhanMantriUjjawalaYojana (PMUY) and the companies.According to data shared by the oil marketing companies, so far three crore connections have been allotted under the PMUY against the target of five crore by 2019. Useful Info Useful Info Union Minister for Petroleum and Natural Gas - DharmendraPradhan Constituency – RajyaSabha, Bihar Kandla Port Renamed as Deendayal Port Kandla Port Renamed as Deendayal Port •The Kandla Port Kandla Port, one of the top 12 major ports in the country, has been renamed as Deendayal Port Hindutva icon Pandit Deendayal Upadhyay. Kandla Port, located on the Gulf of Kutch in Gujarat, is one of the twelve major ports in the country Himachal Pradesh Himachal Pradesh State State – Himachal Pradesh; Capital Capital – Shimla; CM CM – Virbhadra Singh; Governor Himachal Pradesh, First State to Launch Electric Bus Service in India Himachal Pradesh, First State to Launch Electric Bus Service in India • The Himachal Pradesh government on launched first Himachal Pradesh government on launched first- -of of- -its between Manali and Rohtang Pass. The bus service was flagged off by State Transport Minister GS Bali.The move was made amidst concern over increasing environmental degradation in the Rohtang Pass area due to plying of diesel taxis. With this initiative, the state has become the first in the world to ply electric buses at an altitude of 13 thousand the state has become the first in the world to ply electric buses at an altitude of 13 thousand feet feet. Jammu & Kashmir Jammu & Kashmir State State – Jammu & Kashmir; Capital Capital – Srinagar (Summer), Jammu (Winter); CM Governor Governor – NarinderNathVohra Jammu and Kashmir government to set up Eco Jammu and Kashmir government to set up Eco- -Park in Rajouri district Park in Rajouri district Japanese counterpart Shinzo Abe part Shinzo Abe laid the foundation stone of the 508 508- -km km First LPG Panchayat will be held in Deendayal Port in the name of Governor - AcharyaDevVrat its- -kind electric bus service kind electric bus service in the 51km-long stretch road CM – Mehbooba Mufti Sayeed www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 5
Monthly GK and Current Affairs Capsule–September 2017 • encroachers in the state’s Rajouri district garden, a cactus garden, a cafeteria and other amenities garden, a cactus garden, a cafeteria and other amenities. Jammu and Kashmir governor N NVohra Jammu and Kashmir governor N NVohra inaugurated the second International Yoga Festival • Jammu and Kashmir governor N NVohra Jammu and Kashmir governor N NVohra inaugurated the second International Yoga Festival Yoga Sports Championship 2017 in which about 300 people from across the world are participating.The festival is being organized by the Yoga Society of Kashmir at the Sher-i-Kashmir International Conference Centre. About 300 participants from various parts of India, Vietnam, Taiwan, Canada, Bulgaria, USA, and Nepal are participating in the festival. Useful Info Useful Info The first International Yoga Festival was held in Uttarakhand Bilal Dar from Srinagar Bilal Dar from Srinagar becomes an ambassador for Swachhata Hi Seva becomes an ambassador for Swachhata Hi Seva • Bilal Dar, Bilal Dar, a young boy from Srinagar has become the brand ambassador for Srinagar Municipal Corporation brand ambassador for Srinagar Municipal Corporation. Dar has been contributing to the ‘SwachhtaAbhiyan’ since the age of 12.'Swachhta Hi Sewa’ campaign has turned out to be monetarily beneficial for residents and scrap buyers/dealers, besides helping in enhancing preventive measures against vector-borne diseases. Karnataka Karnataka State State – Karnataka; Capital Capital – Bengaluru; CM CM – Siddaramaiah; Governor Karnataka to give free education to all girls till graduation Karnataka to give free education to all girls till graduation • Karnataka government has decided to make education free for all girls from Class 1 to graduation level in all public and aided private schools and colleges, barring only professional institutions, from the next academic year. “We expect around 18 lakh students whose parents' income would be less than Rs 10 lakh to opt for this scheme and are planning to earmark Rs 110 crore," higher education minister BasavarajRayareddi said, hoping only the poor would avail of the scheme. Karnataka, 1st Indian State to Approve e Karnataka, 1st Indian State to Approve e- -vehicle Policy vehicle Policy • Karnataka is the first state Karnataka is the first state to roll out an Electric Vehicle and Energy Storage Policy that looks not only at boosting sales of Electrical Vehicles, but also setting up charging infrastructure and special manufacturing zones.Karnataka is looking to attract investments to the tune of Rs 31,000 crore from companies looking at R&D and manufacturing of electric vehicles in the state. Karnataka Government Karnataka Government has launched has launched 'Vision 'Vision- -2025' project 2025' project across the state across the state • Karnataka Government Karnataka Government Chief Minister Siddaramaiah Chief Minister Siddaramaiah has launched 'Vision has launched 'Vision- -2025' project at evolving a draft policy for development of the state in next seven years by seeking the opinion of the public.Under the project, the government would seek public opinion on how they want their dream state to be in the next seven years. The CM has also launched the website 'www.navakarnataka2025.in' 'www.navakarnataka2025.in'. Kerala Kerala State State – Kerala; Capital Capital – Tiruvanandapuram; CM CM – Vijay Rupani; Governor Kochi to Host Coastal Shipping and Inland Water Transportation Summit Kochi to Host Coastal Shipping and Inland Water Transportation Summit • Kochi will host the fifth edition of the ‘Coastal Shipping and Inland Water Transportation Business Summit 2017’ ‘Coastal Shipping and Inland Water Transportation Business Summit 2017’. The summit will be an initiative to explore the immense potential of coastal shipping and waterways as well as an effort The Jammu and Kashmir government Jammu and Kashmir government has decided Rajouri district.The park is a first-of-its-kind project in the region. It will have a botanical decided to set up an Eco set up an Eco- -Park Park on over 34 acres of land retrieve from have a botanical second International Yoga Festival second International Yoga Festival and International Governor – VajubhaiRudabhaiVala 2025' project across the state. It aimed Governor - PSathasivam www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 6
Monthly GK and Current Affairs Capsule–September 2017 to build a shared commitment and decipher the role that each stakeholder will have to play in integrating the coastal and waterways transport infrastructure.Kerala Governor P Sathasivam will present the India Seatrade Award for Excellence in Coastal Shipping & Inland Water Transportation. Madhya Pradesh Madhya Pradesh State State – Madhya Pradesh; Capital Capital – Bhopal; CM CM – Shivraj Singh Chouhan; Governor Madhya Pradesh Madhya Pradesh has won the has won the ‘Best Tourism State’ national award ‘Best Tourism State’ national award for the third consecutive year • Madhya Pradesh Madhya Pradesh has won the ‘Best Tourism State’ national award ‘Best Tourism State’ national award for the third consecutive year. President Ram NathKovind handed over the award, named as ‘Hall of Fame Award’ ‘Hall of Fame Award’, to Minister of State for Tourism SurendraPatwa a ceremony held at VigyanBhawan in New Delhi held at VigyanBhawan in New Delhi.The state bagged total 10 awards in this programme, organised on the occasion of World Tourism Day (27 September) World Tourism Day (27 September). Madhya Pradesh also received a national award for Film Promotion Policy in the category of Best Film Promotion Friendly State/Union Territory. Maharashtra Maharashtra Capital – Mumbai; CM – Devendra Fadnavis; Governor – Vidyasagar Rao Sachin Tendulkar Launches Mission 24 Sachin Tendulkar Launches Mission 24 •Former Indian cricketer Sachin Tendulkar Former Indian cricketer Sachin Tendulkar launched launched - -Mission 24 Mission 24 for Mumbai's M east ward which is known to have one of highest slum population's in the city. The project by NGO Apnalaya and Mumbai first The project by NGO Apnalaya and Mumbai first plans to work along with the BMC -as the principal stakeholder over the next 24 months to improve the quality of lives of people living in M east ward of Mumbai. Manipur Manipur Capital – Imphal; CM – Nongthombam Biren Singh; Governor - Najma A. Heptulla Nungthaang Tampak becomes North East’s first 100 % computer literate village Nungthaang Tampak becomes North East’s first 100 % computer literate village •Manipur’s Nungthaang Manipur’s Nungthaang Tampak village Tampak village has emerged as the ‘100% computer literate’ emerged as the ‘100% computer literate’ in the entire North East villagers villagers were taught how to surf, compose text, save them, photoshop, send e taught how to surf, compose text, save them, photoshop, send e- -mail, store data and get print outs The village, about 65 kms south of Imphal, is located in Saikot Assembly constituency of Churachandur district. Useful Info Useful Info Nungthang Tampak has become India’s second Kerala’s Chamravattom village is the country’s first 100% computer literate village. Nagaland Nagaland State State – Nagaland; Capital Capital – Kohima; CM CM – T. R. Zeliang; Governor Governor – Padmanabha Balakrishna Acharya Nagaland to implement DBT under MGNREGA Nagaland to implement DBT under MGNREGA • Nagaland will start implementing Direct Benefit Transfer (DBT) Direct Benefit Transfer (DBT) under MGNREGA financial year.Secretary of Rural Development KeleiZeliang said, to ensure transparency and check corruption at all levels, wages of the MGNREGA workers will be directly credited to the individual accounts of the jobcardholders through National Electronic Fund Management System or Public Financial Management System. Odisha Odisha Governor - Om PrakashKohli for the third consecutive year Minister of State for Tourism SurendraPatwa at North East. The mail, store data and get print outs, etc. 100% computer literate village in India. MGNREGA beginning from the current www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 7
Monthly GK and Current Affairs Capsule–September 2017 State State – Odisha; Capital Odisha CM inaugurates fourth Govt medical college in Odisha CM inaugurates fourth Govt medical college in koraput • Odisha Chief Minister Odisha Chief Minister Naveen Patnaik has inaugurated the SaheedLaxmanNayak Medical College and Hospital inaugurated the SaheedLaxmanNayak Medical College and Hospital (SLNMCH) (SLNMCH) in the tribal-dominated district of southern Odisha. southern Odisha. The admission process in SLNMCH is already completed. A total number of 100 students have been admitted to the first year MBBS course and the classes for the commencement of its first academic session began from the day of inauguration. Rajasthan Rajasthan State State – Rajasthan; Capital Capital – Jaipur; CM CM – VasundharaRaje; Governor Governor – Kalyan Singh Union Tex Union Textiles Minister SmritiIrani Inaugurates 'VASTRA' Fair in Jaipur tiles Minister SmritiIrani Inaugurates 'VASTRA' Fair in Jaipur • Union Textiles Minister SmritiIrani and Rajasthan Chief Minister VasundharaRajeinaugurated the 6th edition of the four four- -day international textile and apparel fair day international textile and apparel fair, 'VASTRA' in Jaipur in Jaipur.FDI in textiles industry has tripled in 2016-17. Mudra Yojna has benefited the weavers community and their incomes have shown a tremendous increase within 60 days from the date of loan availed. Skill development has also enhanced the quality of placements in the textile industry. Useful Info Useful Info Union Textile Minister - SmritiIrani Constituency – Gujarat, RajyaSabha Telangana Telangana State State – Telangana; Capital Capital – Hyderabad; CM CM – K. Chandrashekar Rao; Governor Narasimhan Amazon Amazon opened its largest fulfillment centre in Hyderabad opened its largest fulfillment centre in Hyderabad • Amazon Amazon opened its largest fulfilmentcentre in India on the outskirts of Hyderabad India on the outskirts of Hyderabad, near the Rajiv Gandhi International Airport, Shamshabad. The 400,000 sq feet centre with close of 2.1 million cubic feet of storage space is the 5th such centre in Telangana. With this, the US major has ramped up its storage capacity to 3.2 million cubic feet in the State alone.The centre will enable sellers to use local infrastructure, save capital and help them grow their businesses. The centre will work closely with local communities, create numerous skilling and employment opportunities for thousands of youth. With more than 10,000 sellers in Telangana, the selection offered by sellers in the State for immediate delivery has grown more than 120 per cent this year as compared to last year. First water ATM First water ATM has been inaugurated in Hyderabad has been inaugurated in Hyderabad • The First water ATM The First water ATM has been inaugurated by Telangana State Home Minister N Narasimha Reddy Telangana State Home Minister N Narasimha Reddy at Nalgonda X Roads. A total of 200 ATMs will be set up to reach a targeted 150,000 people. In the first phase, 50 water ATMs will be operationalized by 2018.Safe Water Network, an international NGO has partnered with Greater Hyderabad Municipal Corporation (GHMC) Corporation (GHMC) to launch water ATMs. It will provide affordable, 24×7 safe water access in Hyderabad.These water ATMs use a seven step treatment process to purify water that adheres to national norms.They are connected via cloud-based technology for real-time monitoring and analyses operational parameters, thereby minimising downtime. The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) is supplying raw water for these ATMs. India's First Centre for Animal Law Set up at NALSAR India's First Centre for Animal Law Set up at NALSAR • India's first Centre for Animal Law India's first Centre for Animal Law has been established at the Telangana. Telangana. Union Minister for Women and Child Development Maneka Gandhi inaugurated the centre.HSI-India Capital – Bhubaneshwar; CM CM – Naveen Patnaik; Governor koraput Governor – Senayangba Chubatoshi Jamir inaugurated the 6th edition of the Governor – Ekkadu Srinivasan Lakshmi Greater Hyderabad Municipal at the city city- -based NALSAR University of Law in Hyderabad, based NALSAR University of Law in Hyderabad, www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 8
Monthly GK and Current Affairs Capsule–September 2017 Managing Director N G Jayasimha has been appointed as the honorary director of the Centre. N G Jayasimha has been appointed as the honorary director of the Centre. The Centre will create curriculum on animal welfare laws, including developing topics for research. Useful Info Useful Info Union Minister for Women and Child Development -Maneka Gandhi Constituency – Pilibhit (uttarpradesh) Tripura Tripura State State – Tripura; Capital Capital – Agartala; CM CM – ManikSarkar; Governor Governor - Tathagata Roy A new underground water treatment plant A new underground water treatment plant has been commissioned at Sadhutilla, Agartala has been commissioned at Sadhutilla, Agartala • In Tripura, a new underground water treatment plant In Tripura, a new underground water treatment plant has been commissioned at Sadhutilla in the southern part of Agartala. The plant has fulfilled the need for drinking water free from iron and other contamination.The plant has started functioning with supply of quality treated water initially to 565 households through pipeline. It has treatment capacity of 4 point 8 million litre pe 4 point 8 million litre per day r day. It has two Over Head Storage Reservoirs with capacities of 1,130 Kilo Liter and 450 Kilo Liter.The specialty of the plant is that it would be treating water at higher standards with minimizing turbidity and iron in water water.The built-up cost of this water treatment plant was Rs. 4 crore 99 lakh Rs. 4 crore 99 lakh.It has been funded jointly by the Asian Development Bank with 70% share Development Bank with 70% share of assistance and the Union Government with 30 % share Union Government with 30 % share of assistance. Tripura has become the first state Tripura has become the first state in the country to set up in the country to set up family family welfare district committees • Tripura has become the first state Tripura has become the first state in the country to set up family welfare district committees complaints of women against their husbands and in-laws and find an amicable solution. Tripura High Court is the first high court high court among 24 high courts of the country that has constituted the family welfare district committees. The new system would be valid for the next six months and after that National Legal Services Authority (NLSA) would submit a report of its performance to the apex court, on the basis of which a new course of action would be decided. Uttar Pradesh Uttar Pradesh State State – Uttar Pradesh; Capital Capital – Lucknow; CM CM – Yogi Adityanath; Governor Rajnath Singh, Yogi Adityanath to flagged off Lucknow Metro Rajnath Singh, Yogi Adityanath to flagged off Lucknow Metro • In Uttar Pradesh, The first commercial run of Lucknow metro rail starts. Union Home Minister Rajnath Singh, Uttar Pradesh Chief Minister Yogi Adityanath and governer Ram Naik will flag off the maiden run of first phase of Lucknow Metro.The 8.5-km-long 'Priority Corridor' from Transport Nagar to Charbagh, which is part of the Phase 1 of the project, and has 8 stations in between will be operational for the public from 6 am to 10 pm everyday. Cost of this phase is around 2600 crores and it took almost 3 years to complete. People of the city are so excited to travel in metro that after sell of smart cards started by LMRC last Friday more than 3000 had already purchased them. Government aims to provide Housing to all by 2022: PM Modi Government aims to provide Housing to all by 2022: PM Modi • Prime Minister NarendraModi said the government has decided to give a house to each and every homeless family by 2022. He was addressing a public meeting at Shahanshahpur in Varanasi district. MrModi distributed allotment letters to the beneficiaries of PradhanMantriAwasYojana both for rural and urban areas.About 10 thousand beneficiaries were given allotment letters during the function. West Bengal West Bengal State State – West Bengal; Capital Capital – Kolkata; CM CM – Mamata Banerjee; Governor Gobindobhog Rice Gobindobhog Rice from Burdwan district of West Bengal from Burdwan district of West Bengal Gets Geographical Indication Status Gets Geographical Indication Status treatment capacity of minimizing turbidity and iron in Asian welfare district committees family welfare district committees to examine the Tripura High Court is the first Governor – Ram Naik Governor – KeshariNathTripathi www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 9
Monthly GK and Current Affairs Capsule–September 2017 • status status.The state government had applied for GI status for Gobindobhog rice on August 24, 2015. The region of Burdwan (now divided into the districts of east and west Burdwan) is known as the rice bowl of Bengal. India’s First Advanced Homoeopathy Virology Lab in Kolkata India’s First Advanced Homoeopathy Virology Lab in Kolkata • India’s first State of art virology laboratory India’s first State of art virology laboratory at Dr Anjali Chatterjee Regional Research Institute for Homoeopathy in Kolkata was inaugurated by ShripadYessoNaik, Union Minister of State for AYUSH inaugurated by ShripadYessoNaik, Union Minister of State for AYUSH.This laboratory has been established to develop new drugs and technologies in Homoeopathy to combat emerging challenges of viral diseases. The laboratory, established at a cost of Rs. 8 crore is the only one in India for conducting basic and fundamental research in Homoeopathy for viral diseases like influenza, Japanese encephalitis, dengue, chikungunya and swine flu research in Homoeopathy for viral diseases like influenza, Japanese encephalitis, dengue, chikungunya and swine flu. MINISTRY AFFAIRS MINISTRY AFFAIRS Cabinet Reshuffle: Cabinet Reshuffle: Kalraj Mishra resignes from Modi's Cabinet Kalraj Mishra resignes from Modi's Cabinet •Union Minister for Micro, Small and Medium Enterprises Kalraj Mishra has resigned ahead of the Cabinet Reshuffle tomorrow. Earlier Minister for Skill Development and Entrepreneurship Rajiv Pratap Rudy, Labour Minister Bandaru Dattatreya, Minister of State for Water Resources Sanjeev Balyan, Minister of State for Human Resources Development Mahendra Nath Pandey and Minister of State for Health Faggan Singh Kulaste had resigned from their posts. There are reports that some more ministers will resign before tomorrow's reshuffle. Nine new Ministers Nine new Ministers of state were inducted into the Union Council of Ministers of state were inducted into the Union Council of Ministers •Nine new Ministers Nine new Ministers of state were inducted into the Union Council of Ministers. Four Ministers of state were elevated to the cabinet rank. They are Minister of State for Commerce and Industries Nirmala Sitharaman, Petroleum and Natural Gas Dharmendra Pr Dharmendra Pradhan, adhan, Minister of State For Power, Coal, New and Renewable Energy and Mines, Piyush Goyal Piyush Goyal and Minister of State for Minority Affairs Mukhtar Abbas Naqvi. administered the oath of office and secrecy to them at Rashtrapati Bhavan. The portfolios of the Ministers will be announced later. Here is the 9 New Ministers, who take oath Here is the 9 New Ministers, who take oath- 1. 1. Former IFS officer Hardeep Puri Hardeep Puri 2. 2. Former Mumbai Police chief Satyapal Singh Satyapal Singh 3. 3. Former IAS officer Alphons Kannanthanam Alphons Kannanthanam 4. 4. Lok Sabha MP's from Madhya Pradesh Virendra Kumar Virendra Kumar 5. 5. From Karnataka Anant Kumar Hegde Anant Kumar Hegde 6. 6. From Rajasthan Gajendra Singh Shekhawat Gajendra Singh Shekhawat 7. 7. From Bihar Ashwini Kumar Choubey Ashwini Kumar Choubey 8. 8. From Bihar Raj Kumar Singh Raj Kumar Singh and 9. 9. Rajya Sabha MP from Uttar Pradesh Shiv Pratap Shukla Shiv Pratap Shukla Here is the Full list of Here is the Full list of Portfolios of changed Ministers Portfolios of changed Ministers Gobindobhog rice Gobindobhog rice, a speciality from Burdwan district of West Bengal, has got the geographical indication (GI) geographical indication (GI) Nirmala Sitharaman, Minister of State for Mukhtar Abbas Naqvi. President Ram Nath Kovind Ram Nath Kovind Minister Minister Portfolio Portfolio Previously held portfolio Previously held portfolio Cabinet Minister Skill Development and Petroleum Minister MoS (independent charge) Oil Natural Gas and Petroleum Ministry Dharmendra Pradhan www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 10
Monthly GK and Current Affairs Capsule–September 2017 Piyush Goyal Cabinet Minister Railway Ministry MoS (independent charge) Power Ministry MoS (independent charge) Commerce and Industry Ministry Nirmala Sitharaman Cabinet Minister Defence Ministry Mukhtar Abbas Naqvi Cabinet Minister Minority Affairs Ministry MoS (independent charge) Minority Affirs Cabinet Minister Commerce and Industry Ministry Railway Ministry Suresh Prabhu Water Resources, River Development Ganga Rejuvenation. Uma Bharti Drinking Water and Sanitation Ashwini Kumar Choubey MoS Health & Family Welfare - MoS Women and Child Development and Minority Affairs Virendra Kumar - MoS Skill Development and Entrepreneurship. Anantkumar Hegde - Raj Kumar Singh MoS (independent charge) Power - MoS (independent charge) Urban Development Hardeep Singh Puri - Gajendra Singh Shekhawat MoS Agriculture and Farmers Welfare - MoS Human Resource Development and MoS Water Resources, River Development and Ganga Rejuvenation. Satya Pal Singh - MoS (independent charge) Tourism and MoS Ministry of Electronics & IT Alphons Kannanthanam - Shiv Pratap Shukla MoS Finance Ministry - MoS (independent charge) Labour and Employment Santosh Kumar Gangwar MoS Finance Ministry Government has issued an alert on the spread of new malware Government has issued an alert on the spread of new malware 'Locky Ransomware' •The government has issued an alert on the spread of new malware 'Locky Ransomware' and demand ransom for unlocking them. Electronics and IT Additional Secretary Ajay Kumar regarding spam spreading Locky Ransomware was issued by Indian Computer Emergency Response Team Ransomware is a malicious software and the Locky Ransomware is learnt to be demanding the ransom of half Bitcoin, which at present rate is equivalent to over Rs 1.5 lakh Rs 1.5 lakh. Useful Info Useful Info Union Minister for Electronics and IT – Ravi Shankar Prasad Constituency – Bihar, Rajya Sabha Malware Malware – software which is specifically designed to disrupt, damage, or gain authorized access to a computer system •Bitcoin Bitcoin – a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. 'Locky Ransomware' 'Locky Ransomware' that can lock computers Ajay Kumar tweeted that an alert Indian Computer Emergency Response Team. half Bitcoin, www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 11
Monthly GK and Current Affairs Capsule–September 2017 ‘Prakriti Khoj’ ‘Prakriti Khoj’- - An Environment Quiz on Teachers’ Day An Environment Quiz on Teachers’ Day •The Union Environment Ministry Environment Ministry launched an environment awareness initiative on the occasion of Teachers’ Day Under the initiative, an online environmental quiz competition named Prakriti Khoj level. Useful Info Useful Info Union Minister for Environment – Harsh Vardhan Constituency – Chandni Chowk (Delhi) NITI Aayog sets up task force on employment, export NITI Aayog sets up task force on employment, export •NITI Aayog NITI Aayog has constituted an Expert Task Force to provide a majo Expert Task Force to provide a major thrust to job creation exports. It will be headed by NITI Aayog Vice Chairman Dr. Rajiv Kumar NITI Aayog Vice Chairman Dr. Rajiv Kumar. Members of the Task force include CEO, NITI Aayog, Secretaries of Departments of Commerce, Industrial Policy and Promotion, Economic Affairs and Textiles. Leading economists and industry experts are also members of the Task Force, which will submit its report by November 2017. The government stated that the steps outlined by the task force to create well sector includ sector include preparing a comprehensive plan of action to generate employment e preparing a comprehensive plan of action to generate employment and alleviate under-employment in both goods and services sector and low wages by boosting exports in labour intensive industries. Useful Info Useful Info NITI Aayog Chairman – PM Modi Vice Chairman – Rajiv Kumar On 1 January 2015, a Cabinet resolution was passed to replace the Planning Commission with the newly formed NITI Aayog (National Institution for Transforming India). Govt to start School Chalo Abhiyan from next year for students not going to sc Govt to start School Chalo Abhiyan from next year for students not going to schools: Javadekar •International Literacy Day is observed every year on 8th September to emphasize the importance of literacy to individuals, society and communities. The theme of this year's International Literacy Day, is ‘Literacy in a Digital World’. The 2017 UNESCO International Literacy Prizes awards ceremony will also take place to recognize and reward excellent literacy practices from around the world in connection with this year’s theme. Useful Info Useful Info Union HRD Minister – Prakash Javadekar Constituency – Rajya Sabha, Madhya Pradesh Kiren Rijiju Kiren Rijiju attended the attended the first National Canine Seminar organized by National Security Guard (NSG) first National Canine Seminar organized by National Security Guard (NSG) •The Minister of State for Home Affairs Shri Kiren Rijiju The Minister of State for Home Affairs Shri Kiren Rijiju attended the first National Canine Seminar organized by National Secu National Security Guard (NSG) rity Guard (NSG), in NSG Campus, Manesar (Gurugram), Haryana. The theme of the two days National Canine Seminar is ''Canine as Tactical Weapon in Fight against Terrorism'' ''Canine as Tactical Weapon in Fight against Terrorism'' with an objective to discuss and deliberate on the techniques of dog training and strategies of deploying the dogs in Counter Terrorism/Counter Insurgency scenario. Shri Kiren Rijiju also flagged off "the NSG's Motorcycle Expedition, 2017" from NSG Campus, Manesar. It commemorate the NSG’s 33 years service to the nation. The Expedition team will traverse major cities of the country including NSG's regional hubs at Gandhinagar/Mumbai/Chennai/Hyderabad/Kolkata to cover a distance of 7000 kms with an objective of spreading a message of collective responsibility towards the fight against terrorism. Useful Info Useful Info Teachers’ Day. Prakriti Khoj will be conducted at the national r thrust to job creation by enhancing India’s to create well- -paid jobs in the formal paid jobs in the formal hools: Javadekar first National Canine Seminar organized by www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 12
Monthly GK and Current Affairs Capsule–September 2017 Minister of State for Home Affairs - Shri Kiren Rijiju Constituency – Arunachal West State – Haryana Capital – Chandigarh CM – Manohar Lal Khattar Governor – Kaptan Singh Solanki The NSG is popularly known as "The Black Cats" of the country. Vice President lays foundation Stone of Greenfield Smart City at Ranchi, Jarkhand Vice President lays foundation Stone of Greenfield Smart City at Ranchi, Jarkhand •Vice President M Venkaiah Naidu laid the foundation stone of Greenfield Smart City at Ranchi in Jharkhand Vice President laid the foundation stones for its three buildings- Urban Civic Center, Convention Center and Jharkhand Urban Planning Management Institute. Chief Minister and other important dignitaries were present at the occasion. The proposed smart city will be spread over 656 acres in HEC area 656 acres in HEC area. The Greenfield Smart City will cost ten thousands crore rupees and will also have 16 thousand residential flats for 70 thousands residents residential flats for 70 thousands residents. The smart city will have modern transport system transport system, world class education hub world class education hub, 24 hours water and electricity, wi 24 hours water and electricity, wi- -fi, public toi will be carbon free zone will be carbon free zone. Useful Info Useful Info State – Jharkhand Capital – Ranchi CM – Raghubar Das Governor - Droupadi Murmu SIM Cards not Linked to Aadhaar to be Deactivated after February 2018 SIM Cards not Linked to Aadhaar to be Deactivated after February 2018 •The government is moving ahead with linking Aadhaar linking Aadhaar with mobile SIM cards and all unlinked phones will be deactivated after February 2018 February 2018. Aadhaar mobile Aadhaar mobile linkage is being done as per the orders of Supreme Court passed in February 2017 February 2017 in Lokniti foundation case and all SIM cards have to be verified with Aadhaar within a year from the date of judgement, with all unlinked phones to be deactivated after February next year. So criminals, fraudsters and terrorists cannot use the issued SIMs issued SIMs. Remove all unmanned rail crossings within a year, orders Remove all unmanned rail crossings within a year, orders Piyush Goyal Piyush Goyal •Railway Minister Piyush Goyal has asked the railways to remove all unmanned level crossings within a year, instead of the initial goal of doing it in three years. Addressing a function at IIM in Kolkata, he said around 5,000 unmanned level crossings, which account for nearly 30-35 per cent of total rail accidents, need to be removed in the next one year. Mr Goyal also advocated the use of technology to reduce manual maintenance of rail tracks, as it entails huge manpower. The minister said that the RailTel corporation has already prepared the optic fibre network for improving communication. Useful Info Useful Info Union Railway Minister – Piyush Goyal Constituency – Maharashtra, Rajya Sabha National Pension Scheme Upper Age Limit Raised to 65 National Pension Scheme Upper Age Limit Raised to 65 Ranchi in Jharkhand. The modern fi, public toilets at every 200 meters and lets at every 200 meters and Supreme Court passed in www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 13
Monthly GK and Current Affairs Capsule–September 2017 •The Pension The Pension Fund Regulatory and Development Authority (PFRDA) Fund Regulatory and Development Authority (PFRDA) announced that the upper age limit for joining the National Pension Scheme (NPS) National Pension Scheme (NPS) had been raised to 65 years, from the current 60 65 years, from the current 60. NPS is currently open for people between 18 and 60, and the Board has approved raising the age limit for joining to 65. Useful Info Useful Info PFRDA – Pension Fund Regulatory and Development Authority Chairman – Hemant G. Contractor DD & All India Radio to spread information about rights of Divyangs: I&B Minister Smriti Irani DD & All India Radio to spread information about rights of Divyangs: I&B Minister Smriti Irani •Union Information and Broadcasting Minister Smriti Irani said Doordarshan and All India Radio will give information to Divyangs regarding their rights and several schemes which are being run by the Centre. Addressing a function in New Delhi, Mrs Irani said people should be sensitive towards the rights of Divyangs. The Minister said, the education standards for Divyangs should be raised and they must be informed about their career prospects. Useful info Useful info Union Information and Broadcasting Minister - Smriti Irani Constituency – Gujarat, Rajya Sabha Government Launches Wood is Good Campaign Government Launches Wood is Good Campaign •Environmental Minister Dr. Harsh Vardhan inaugurated Environmental Minister Dr. Harsh Vardhan inaugurated a two-day conference on “Sustainable landscapes and forest ecosystems: Theory to Practice” ecosystems: Theory to Practice”. Dr. Harsh Vardhan launched the “Wood is Good” a climate-friendly material, as it is a renewable resource, having zero carbon footprint. Useful Info Useful Info Union Minister for Environment - Dr. Harsh Vardhan Constituency – Chandni Chowk (Delhi) Cabinet Approves Cabinet Approves Revamped Khelo India Program at a cost of Rs.1,756crore Revamped Khelo India Program at a cost of Rs.1,756crore •The Union Cabinet has approved the revamped Khelo India program revamped Khelo India program at a cost of Rs.1,756crore 18 to 2019 18 to 2019- -20 20. This marks a watershed moment in the history of Indian sports, as the Programme aims at mainstreaming sport as a tool for individual development, community development, economic development and national development.This is the first time ever This is the first time ever that a long-term athlete development pathway would be made available to gifted and talented youngsters to excel in competitive sports. Useful Info Useful Info Sports Minister of India –Rajyavardhan Singh Rathore Constituency –Jaipur, Rajasthan President Ram Nath Kovind’s First Foreign Trip will be to Ethiopia and Djibouti President Ram Nath Kovind’s First Foreign Trip will be to Ethiopia and Djibouti •President Ram Nath Kovind President Ram Nath Kovind will make his first foreign trip as head of state to the strategically first foreign trip as head of state to the strategically- -significant African continent continent in the first week of October. The President will visit to Ethiopia and Djibouti. Addis Ababa, the capital of Ethiopia is the seat of African Union, had hosted the first India-Africa summit outside India in 2012. There are more than 540 Indian firms in Ethiopia. Useful Info Useful Info Country – Ethiopia, Addis Ababa, Ethiopian birr Country – Djibouti, Djibouti, Djiboutian franc TRIFED Organised National Workshop on Min TRIFED Organised National Workshop on Minimum Support Price for Minor Forest Produce imum Support Price for Minor Forest Produce “Sustainable landscapes and forest “Wood is Good” campaign on the occasion. Wood is Rs.1,756crore for the period 2017 2017- - significant African www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 14
Monthly GK and Current Affairs Capsule–September 2017 •Minister of Tribal Affairs Shri Jual Oram Minister of Tribal Affairs Shri Jual Oram inaugurated the National Workshop organized by TRIFED Support Price (MSP) for Minor Forest Produces (MFP) scheme Support Price (MSP) for Minor Forest Produces (MFP) scheme – – Taking it to the next level for a Fair and Deal to the Tribals”. Deal to the Tribals”. This scheme is already implemented in 9 States and now it is expanded nationwide. TRIFED has also signed MoU with Amazon signed MoU with Amazon for the marketing of tribal handicrafts scaled-up for the empowerment of tribals. Useful Info Useful Info Minister of Tribal Affairs - Jual Oram Constituency – Sundargarh, Odisha Minister of Communication Shri Manoj Sinha Launched First Ever India Mobile Congress 2017 Minister of Communication Shri Manoj Sinha Launched First Ever India Mobile Congress 2017 •The Minister of Communication Shri Manoj Sinha launched The Minister of Communication Shri Manoj Sinha launched DoT’s first ever Mobile, Internet and India India – – India Mobile Congress 2017 India Mobile Congress 2017 at Pragati Maidan, New Delhi. Led by Department of Telecom as the nodal ministry, the India Mobile Congress is being organised by Cellular Operators Association of India (COAI). The largest and first ever event also has the support of the other ministries like the Ministry of Electronics and Information Technology (MeitY), Skill Development and Entrepreneurship amongst others. Useful info Useful info Minister of Communication - Manoj Sinha Constituency – Ghazipur, Uttar Pradesh BANKING & ECONOMY BANKING & ECONOMY RBI RBI RBI to Introduce Rs 100 Coin to Mark MG Ramachandran’s Birth Centenary RBI to Introduce Rs 100 Coin to Mark MG Ramachandran’s Birth Centenary • As per the notification of Finance Ministry, the Reserve Bank of India will introduce 100 rupees coin Reserve Bank of India will introduce 100 rupees coin to mark the birth centenary (hundredth centenary (hundredth anniversary) of AIADMK founder Late Dr. M G Ramachandran anniversary) of AIADMK founder Late Dr. M G Ramachandran. On the obverse the coin will bear Lion Capitol of Ashoka Pillar in the center with Satyamev Jayate inscribed below on it in Devanagari script. It will also bear the rupee symbol and denominational value of 100. On the reverse side, Ramachandran will be in the center. The standard weight of the coin will be 35 grams. Useful Info Useful Info Dr. MG Ramachandran – Former Chief Minister of Tamil Nadu RBI – Reserve Bank of India HQ – Mumbai Present Governor – Urjit Patel India’s Forex Reserves Top $400 billion for the First Time India’s Forex Reserves Top $400 billion for the First Time • According to the RBI Data, India’s foreign India’s foreign- -exchange reserves rose past $400 billion for the first time ever, exchange reserves rose past $400 billion for the first time ever, strengthening policy makers’ buffers ahead of an expected reduction in US stimulus. The stockpile stood at $400.7 billion. With the Federal Reserve set to shrink its balance sheet—details of which could be announced recently, the holdings may help the rupee withstand any volatility even if global funds turn away from India’s slowing economy. RBI RBI announced that announced that Masala bonds Masala bonds will be treated as will be treated as External Commercial Borrowings (ECB) External Commercial Borrowings (ECB) • The Reserve Bank of India (RBI) Reserve Bank of India (RBI) announced that Masala bonds Masala bonds will be treated as External Commercial Borrowings (ECB) (ECB) from 3rd October 2017 thereby freeing up more investments by FPIs. Masala bonds are rupee-denominated TRIFED on “Minimum “Minimum Equitable Taking it to the next level for a Fair and Equitable first ever Mobile, Internet and Technology event in Technology event in On the obverse, the face of On the reverse side, the portrait of Dr. MG External Commercial Borrowings www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 15
Monthly GK and Current Affairs Capsule–September 2017 overseas bonds. Currently, the limit for investment by Foreign Portfolio Investors (FPIs) 2,44,323 crore. This includes masala bonds of Rs.44,001 crore. Useful Info Useful Info Present & 24th governor of RBI - Urjit Patel Almost 99% of demonetised notes back in system: RBI report Almost 99% of demonetised notes back in system: RBI report • The Reserve Bank of India today in its annual report confirmed that almost 99 per cent of banned Rs 500 and Rs 1000 notes that were demonetised last November have returned to the system. In the report for 2016-17, the RBI said that out of 632.6 crore pieces of Rs 1,000 currency notes in circulation, 8.9 crore have not been returned post the note ban last November. RBI RBI included HDFC Bank included HDFC Bank in the list of in the list of 'too big to fail' lenders 'too big to fail' lenders • RBI included HDFC Bank RBI included HDFC Bank in the list of 'too big to fail' lenders 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI SBI and private sector major ICICI Bank were the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities three 'too big to fail' financial entities in the country. Useful Info Useful Info HDFC Bank Headquarters – Mumbai CEO – Aditya Puri Tagline – We Understand your World SBI SBI SBI Life Insurance Gets SEBI approval for Rs 8,400 crore IPO SBI Life Insurance Gets SEBI approval for Rs 8,400 crore IPO • SBI Life Insurance SBI Life Insurance has received approval from the Securities and Exchange Board of India Securities and Exchange Board of India for an IPO (Initial Public Offering) Offering) of up to Rs 8,400 crore ($1.3 billion). The IPO will involve 120 million secondary shares or 12 per cent of the insurer's equity capital. State Bank of India which currently owns 70.1 per cent of the insurer, will sell 80 million shares and BNP Paribas Cardif, holder of a 26 per cent stake, will sell 40 million. Useful Inf Useful Info o SEBI – Securities and Exchange Board of India Headquarters of SEBI – Mumbai Chairman of SEBI – Ajay Tyagi MD & CEO of SBI Life Insurance Co. Ltd - Arijit Basu SBI Card to offer pre SBI Card to offer pre- -approved cards to SBI customers approved cards to SBI customers • SBI card SBI card is all set to offer pre set to offer pre- -approved approved cards to customers of its parent cards to customers of its parent State Bank of India tripartite agreement with SBI and India’s first credit bureau TransUnion CIBIL to offer pre-approved cards to eligible customers. The agreement agreement will allow the credit bureau to che allow the credit bureau to check the credentials of SBI customers and SBI Card to leverage the ck the credentials of SBI customers and SBI Card to leverage the data data. SBI launches Indian bond index series in London SBI launches Indian bond index series in London • State Bank of India (SBI) has launched the FTSE SBI Bond Index series in partnership with global index provider State Bank of India (SBI) has launched the FTSE SBI Bond Index series in partnership with global index provider FTSE 100 FTSE 100, which will give tools to investors from India, the UK and globally to analyse India’s government bond market, and drive growth in this market and drive growth in this market. This index, launched in collaboration with the London Stock Exchange, will ensure that Foreign Portfolio Investors (FPIs) in corporate bonds is Rs ICICI Bank were classified as D classified as D- -SIBs in 2015 SIBs in 2015. With IPO (Initial Public State Bank of India. It has entered into a India’s government bond market, www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 16
Monthly GK and Current Affairs Capsule–September 2017 international investors have an international benchmark that is transparent, that is well governed and that is something they can easily rely on. State Bank of India (SBI) is India’s most trusted and most popular bank State Bank of India (SBI) is India’s most trusted and most popular bank • State Bank of India (SBI) is India’s most trusted and most pop State Bank of India (SBI) is India’s most trusted and most popular bank Finance, a business valuation and strategic consultancy headquartered in London. On the trust charts, SBI is followed by HDFC Bank and Central Bank of India whereas on the popularity charts, ICICI Bank and second and third spots respectively second and third spots respectively. SBI Launches Chatbot to Help Customers in Banking Activities SBI Launches Chatbot to Help Customers in Banking Activities • Artificial intelligence banking platform Payjo Payjo has launched an AI addresses customer enquiries. The chat assistant, known as SBI Intelligent Assistant, or SIA everyday banking tasks just like a bank representative. Asian Development Bank Asian Development Bank ADB Lowers India Growth Forecast for this Fiscal ADB Lowers India Growth Forecast for this Fiscal • Asian Development Bank (ADB) Asian Development Bank (ADB) has downgraded India’s growth projection to 7 percent lowering its forecast for the next financial year as well. India’s GDP growth is downgraded to 7 percent in the financial year 2017-18, a 0.4 percentage point drop from the April forecast. In the financial year 2018-19, the forecast is adjusted down to 7.4 percent, from 7.6 percent, according to the Asian Development Outlook 2017 update. Useful Info Useful Info ADB - Asian Development Bank Headquarters - Manila, Philippines President - Takehiko Nakao ADB to Increase Annual Lending to India to $4 billion ADB to Increase Annual Lending to India to $4 billion • The Asian Development Bank will increase The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 2022 to help fasten inclusive economic transformation towards upper middle-income status. The proposal was endorsed at new ADB Country Partnership Strategy for 2018 ADB Country Partnership Strategy for 2018- - 2022 private sector operations, is much higher than the average $2.65 billion a year in loans extended during 2012 and 2016. $80 $80- -Million ADB loan to Himachal Pradesh Million ADB loan to Himachal Pradesh • Multilateral lending agency Asian Development Bank (ADB) Multilateral lending agency Asian Development Bank (ADB) has approved a loan of $80 million (about Rs 524 crore) crore) for the modernization of Himachal Pradesh’s technical and vocational education and training (TVE technical and vocational education and training (TVET) The total cost of the project is $100 million, with the Centre contributing $20 million. The project is expected to be completed by the end of 2022. Asian Development Bank (ADB) to Provide $152 Million Fund to Nepal Asian Development Bank (ADB) to Provide $152 Million Fund to Nepal • The Asian Development B The Asian Development Bank (ADB) ank (ADB) will provide a USD 152 million to Nepal enhancement of its power transmission and distribution. ADB and Nepal’s Ministry of Finance signed the loan agreement in Kathmandu. The aid will be granted to the Power Transmissi Power Transmission and Distribution Efficiency Enhancement Project (PTDEEP) Project (PTDEEP) which supports the expansion of the transmission lines in various areas of Nepal. West Bengal Gets $300 Million Asian Development Bank (ADB) Loan West Bengal Gets $300 Million Asian Development Bank (ADB) Loan ular bank according to a survey conducted by Brand ICICI Bank and HDFC Bank take the HDFC Bank take the AI- -powered chat assistant powered chat assistant for State Bank of India SBI Intelligent Assistant, or SIA, will help customers with State Bank of India to projection to 7 percent for the current fiscal while $4 billion between 2018 and 2022. The new lending programme, which includes $80 million (about Rs 524 T) institutions. USD 152 million to Nepal for the implementation and on and Distribution Efficiency Enhancement www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 17
Monthly GK and Current Affairs Capsule–September 2017 • West Bengal. The board of Asian Development Bank (ADB) approved a loan of USD 300 million to continue a comprehensive series of fiscal reforms in West Bengal. West Bengal, for the first million from ADB million from ADB, its first policy based lending with an aim to create a fiscal space necessary to sustain higher public investment in the eastern India. DBS Bank DBS Bank DBS Bank Gets RBI Nod for Subsidiary in India DBS Bank Gets RBI Nod for Subsidiary in India • DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly- owned subsidiary (WOS) in India. In its guidelines, the RBI had pointed out that the WOS model for foreign banks in India would involve local incorporation, a local board of directors, and a ring-fenced capital and assets profile that would not be affected by the impact of global events on its parent. Piyush Gupta said that the WOS model was important for the bank to grow its domestic franchise and maintain a deep presence here. He said this would go towards supporting its small and medium enterprise (SME) strategy, which was constrained by the lack of presence so far. Useful Info Useful Info Headquarters of DBS Bank - Wognum, Netherlands MD & CEO of DBS Group - Piyush Gupta ICICI Bank ICICI Bank ICICI Bank Launches ‘Cashback’ Home Loans ICICI Bank Launches ‘Cashback’ Home Loans • India’s largest private sector lender, ICICI Bank announced a new home loan scheme ICICI Bank announced a new home loan scheme that offers borrowers the benefit of 1% cashback on every EMI 1% cashback on every EMI, for the entire tenure of the loan. The offer will be valid for home loans with a minimum tenure of 15 years and maximum tenure of 30 years. Customers can choose to adjust the cashback against principal outstanding of their home loan. The cashback will start to accrue from the first EMI itself. It will first get credited to the customer after completion of the 36th EMI. Useful Info Useful Info ICICI Bank Headquarters – Mumbai MD & CEO of ICICI Bank - Chanda Kochhar ICICI Lombard Gets SEBI Nod for IPO ICICI Lombard Gets SEBI Nod for IPO • ICICI Lombard General Insurance Company ICICI Lombard General Insurance Company has got capital markets regulator SEBI's go-ahead for its estimated Rs 6,000 crore initial public offe initial public offer (IPO) (IPO). ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd. IDBI Bank IDBI Bank IDBI Bank Launches ‘Project Nishchay’ for Turnaround IDBI Bank Launches ‘Project Nishchay’ for Turnaround • IDBI Bank has launched ‘Project Nishchay’ IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) turnaround program and improve financial performance. The project will be led by senior management at IDBI Bank along with BCG. BCG will assist the bank to identify areas for cost containment and revenue maximization leading to sustainable growth and profitability of the Bank. Useful Info Useful Info Multilateral funding agency ADB Multilateral funding agency ADB has sanctioned a USD 300 million loan facility USD 300 million loan facility for carrying forward fiscal reforms in first time in 2012 had received a USD 400 time in 2012 had received a USD 400 Boston Consulting Group (BCG) to accelerate its www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 18
Monthly GK and Current Affairs Capsule–September 2017 Headquarters of IDBI Bank – Mumbai Managing Director and CEO of IDBI Bank - Mahesh Kumar Jain Syndicate Bank Syndicate Bank Syndicate Bank Cuts Savings Account Interest Rate by 0.5% Syndicate Bank Cuts Savings Account Interest Rate by 0.5% • Public sector Syndicate Bank Public sector Syndicate Bank has cut savings account interest rate by 0.50 percent to 3.50 percent for deposits up to Rs 25 lakh. to Rs 25 lakh. The bank has revised rate of interest on savings bank deposits with effect from October 10 to 3.50 percent from 4 percent existing rate. For the deposits above Rs 25 lakh, the interest rate is unchanged at 4 percent. With this, Syndicate Bank has joined over two-dozen banks, both from the public and private sector, who have cut the interest rate on deposits in various quantum. Useful Info Useful Info Syndicate Bank HQ – Manipal, Karnataka MD & CEO of Syndicate Bank - Melwyn Rego Tagline – Your faithful and friendly financial partner IndusInd Bank IndusInd Bank Private sector lender IndusInd Bank and Bharat Financial Inclusion Sign Exclusivity Agreement for Merger Private sector lender IndusInd Bank and Bharat Financial Inclusion Sign Exclusivity Agreement for Merger • Private sector Private sector lender IndusInd Bank lender IndusInd Bank and India's second largest Microfinance company Bharat Financial Inclusion have signed a confidentiality agreement have signed a confidentiality agreement for the proposed merger between them. The Hinduja Group controlled bank has informed the exchanges about an ‘exclusivity agreement’ with the micro lender to explore merger or expansion plans. The deal between the two companies may formalise after due diligence, definitive documentation and their shareholders, regulatory, NCLT and other third-party approvals, as applicable. Useful Info Useful Info Chairman of IndusInd Bank - R. Seshasayee Headquarters – Mumbai HDFC Bank HDFC Bank HDFC Bank Becomes 2nd Most Valuable Company on BSE HDFC Bank Becomes 2nd Most Valuable Company on BSE • HDFC Bank surpassed Tata Consultancy Services (TCS) HDFC Bank surpassed Tata Consultancy Services (TCS) to become the country’s second most valued firm in terms of market terms of market valuation valuation. Shares of HDFC Bank gained 0.93 per cent to Rs. 1,840 (its 52-week high) on the BSE. Reliance Industries Ltd is the country’s most valued firm Reliance Industries Ltd is the country’s most valued firm with a market cap of Rs. 5,33,818.72 crore followed by HDFC Bank and TCS in top three list. Useful In Useful Info fo HDFC Headquarters – Mumbai CEO of HDFC Bank - Aditya Puri HDFC Bank is India’s Top Brand: BrandZ Top 50 Report HDFC Bank is India’s Top Brand: BrandZ Top 50 Report •India’s second largest private sector bank HDFC Bank topped the list of the country’s top 50 brands k HDFC Bank topped the list of the country’s top 50 brands according to a report released by marketing and advertising conglomerate WPP Plc and Kantar Millward Brown. retained the top slot for the fourth year in a row. Banks and telcos dominate the listing, WPP’s BrandZ Top 50. Airtel is at 2nd spot a at 2nd spot and State Bank of India is at 3rd. nd State Bank of India is at 3rd. According to the report, consumption of packaged consumer goods fell 4.2% and 2.4% year on year in November and December 2016 respectively, but recovered 0.6% in March this year and 3.9% in April. by 0.50 percent to 3.50 percent for deposits up Bharat Financial Inclusion Hinduja Group controlled bank in WPP Plc and Kantar Millward Brown. The bank has Airtel is www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 19
Monthly GK and Current Affairs Capsule–September 2017 Useful Info Useful Info Top three rank Holders 1st – HDFC Bank 2nd – Airtel 3rd – State Bank of India Other Banking News Other Banking News have agreed to establish credit lines Five banks of the Five banks of the BRICS Bank Cooperation Mechanism BRICS Bank Cooperation Mechanism have agreed to establish • Five banks of the BRICS Bank Cooperation Mechanism BRICS Bank Cooperation Mechanism have agreed to establish credit lines currencies and cooperate on credit ratings. The agreement to this effect was signed ahead of the BRICS Summit in China’s Xiamen city China’s Xiamen city. Brazilian Development Bank, Brazilian Development Bank, Vnesheconombank, Export-Import Bank of India, China Development Bank and Development Bank of South Africa signed the agreement in Beijing. summit, the New Development Bank (NDB) New Development Bank (NDB) of the BRICS countries has approved 1.4 billion US dollar sustainable development projects in India, Russia and China. Useful Info Useful Info BRICS Countries Brazil – Brasília, Brazilian real Russia – Moscow, Russian Ruble India – New Delhi, Indian Rupee China – Beijing, Renminbi (Yuan) South Africa – Cape Town, Pretoria, Bloemfontein, Currency - South African Rand China China is hosting the 9th BRICS 9th BRICS Summit. The theme of the 9th BRICS Summit is "Stronger Partnership for a better future" "Stronger Partnership for a better future". IBBI Registered National E IBBI Registered National E- -Governance Services Ltd as Information Utility Governance Services Ltd as Information Utility •The In The Insolvency and Bankruptcy Board of India (IBBI) solvency and Bankruptcy Board of India (IBBI) registered National E an Information Utility (IU) an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. With this NeSL has become the first IU registered by the IBBI IU registered by the IBBI and the registration is valid for five years from the date of registration. Information Utility stores financial information that helps to establish defaults as well as verify claims expeditiously and facilitates completion of transactions under the Insolvency and Bankruptcy Code in a time-bound manner. Useful Info Useful Info IBBI - Insolvency and Bankruptcy Board of India Chairperson of IBBI - M. S. Sahoo Stock markets falls across globe, Sensex slumps 240 points Stock markets falls across globe, Sensex slumps 240 points • Stock markets have fallen across the globe, today. At home, after a weak opening, the Sensex at the Bombay Stock Exchange lost considerably more ground, and had slumped 240 points, or 0.8 percent, to 31,653 a short while ago. The Nifty at the National Stock Exchange had dropped 83 points, to 9,891. Useful In Useful Info fo Indian Stock Exchanges Indian Stock Exchanges BSE – Bombay Stock Exchange credit lines credit lines in the national in Beijing. Ahead of the BRICS 1.4 billion US dollar loans for National E- -Governance Services Limited (NeSL) as Governance Services Limited (NeSL) as NeSL has become the first www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 20
Monthly GK and Current Affairs Capsule–September 2017 NSE – National Stock Exchange Other Important Stock Exchanges in the world Other Important Stock Exchanges in the world New York Stock Exchange Hong Kong Stock Exchange Tokyo Stock Exchange London Stock Exchange Shanghai Stock Exchange US banking US banking regulators regulators ordered ordered Pakistan’s Habib Bank to shutter its New York office Pakistan’s Habib Bank to shutter its New York office • US banking regulators US banking regulators ordered Pakistan’s Habib Bank to shutter its New York office Pakistan’s Habib Bank to shutter its New York office after nearly 40 years, for repeatedly failing to heed concerns over possible terrorist financing and over possible terrorist financing and money laundering Financial Services, which regulates foreign banks, also slapped a 225 million Dollars fine on the bank. In 2006, it was ordered to tighten Habib Bank's oversight of potentially illegal transactions but failed to comply. Useful Info Useful Info Country – Pakistan Capital – Islamabad Currency – Pakistani Rupee Fiscal deficit touches 92.4% of budget estimates at July Fiscal deficit touches 92.4% of budget estimates at July- -end end • India’s fiscal deficit at July India’s fiscal deficit at July- end touched 92.4 % of the budget 92.4 % of the budget mainly because of front loading of expenditure by various government departments. In absolute terms, the fiscal deficit- difference between expenditure and revenue - was Rs 5.04 lakh crore was Rs 5.04 lakh crore during April- July 2017-18, according to the data of Controller Ge During the same period of last financial year, 2016-17, it was 73.7 % of the target. For 2017 to bring down the fiscal deficit to 3.2 % of the GDP. Last fiscal, it had met the deficit target of 3.5 % of the 21st GST Council meeting underway in Hyderabad 21st GST Council meeting underway in Hyderabad • The 21st meeting of the Goods and Services Tax (GST) Goods and Services Tax (GST) Council has begun under the chairmanship of Union Finance Minister Arun Jaitley Finance Minister Arun Jaitley in Hyderabad. The day-long meeting will discuss several aspects relating to the implementation of the GST including the IT systems of the Goods and Services Tax Network, the problems being encountered during the tax return filing process and the difficulties faced by industry in filing GST returns. GST council will also take a final call over the demands raised by several states like Telangana to further reduce the GST on public interest projects like irrigation and road development. Finance Minister Arun Jaitley Constitutes GoM to Monitor IT Challenge in GST Finance Minister Arun Jaitley Constitutes GoM to Monitor IT Challenge in GST • Finance Ministe Finance Minister Arun Jaitley r Arun Jaitley has constituted a Group of Ministers (GoM) headed by Bihar Deputy Chief Minister Group of Ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Kumar Modi Sushil Kumar Modi to monitor and resolve the IT challenges faced in the implementation of GST. The GoM will be assisted by the Chairman and Chief Executive Officer of Goods and Services Tax Network (GSTN) Committee on Exports has also been constituted Committee on Exports has also been constituted under the convenorship of the Revenue Secretary Dr.Hasmukh Adhia to look at the issues of export sector and to recommend the GST Council suitable strategy for helping the export sector in the post-GST scenario. Useful Info Useful Info Union minster for Finance – Arun jaitley Constituency – Gujarat, Rajya Sabha money laundering. The state’s Department of Controller General of Accounts (CGA) neral of Accounts (CGA). 73.7 % of the target. For 2017- -18, 18, the government aims 3.5 % of the GDP GDP. Union Goods and Services Tax Network (GSTN). Besides, a a Revenue Secretary Dr.Hasmukh Adhia www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 21
Monthly GK and Current Affairs Capsule–September 2017 Tech giant Google Tech giant Google is is announced to unveil a announced to unveil a digital payment service in India • Tech giant Google Tech giant Google is announced to unveil a digital payment service in India market. In July, National Payments Corporation of India (NPCI) National Payments Corporation of India (NPCI) had stated that Google had completed the testing of its UPI payment service and was awaiting Reserve Bank of India’s approval to launch its service in the country. Google is looking at launching a payment service ‘Google Tez’ ‘Google Tez’, which will include support for Unified Payments Interface (UPI) as well as mobile wallets like Paytm and MobiKwik. Useful Info Useful Info Google HQ – Mountain View, California, United States Google CEO – Sundar Pitchai Peer Peer- -to to- -peer Lending Platforms to be Treated as NBFCs peer Lending Platforms to be Treated as NBFCs • After a year or more of due-diligence, the RBI has notified that peer regulated and treated on par with non on par with non- -banking financial companies (NBFCs) banking financial companies (NBFCs).The final regulatory framework for P2P lenders is still awaited. Few important P2P lending platforms in India are LenDen Club, Faircent, Qbera, Lendbox, Rupaiya Exchange and Monexo. Useful Info Useful Info NBFC - Non-banking financial companies Fino Payments Bank Launches Mobile Banking App Fino Payments Bank Launches Mobile Banking App • Fino Payments Bank Fino Payments Bank has launched its mobile mobile banking app called BPay banking app called BPay. Fino aims to make banking easy for millions of underbanked people in India. The upgraded BPay app is available on Android at present. The mobile banking app enables simple, paperless and convenient banking that allows customers to make bill payments, recharges, fund transfers and buy insurance. An interesting feature of the mobile app is that it allows customers to seamlessly access wallet as well as savings account, with a single login and interface. Useful Info Useful Info Headquarters of FINO PayTech- Mumbai MD & CEO - Rishi Gupta World Trade to Grow at Higher 3.6% in 2017: WTO World Trade to Grow at Higher 3.6% in 2017: WTO • World trade in goods is estimated to grow at a higher 3.6 percent World trade in goods is estimated to grow at a higher 3.6 percent in 2017 compared to 1.6 percent increase in 2016, according to revised estimates circulated by the World Trade Organisation World Trade Organisation. Growth in global trade was earlier projected at 2.4 percent in 2017 by the WTO, which attributed the improved outlook to a resurgence of Asian trade flows. This was mainly due to intra-regional shipments picking up and a recovery in import demand in North America. Useful Info Useful Info WTO – World Trade Organisation Headquarters – Geneva, Switzerland Director-General of the WTO - Roberto Azevêdo India growing pretty robustly: World Bank President India growing pretty robustly: World Bank President • World Bank President Jim Kim has said India has been growing pretty robustly. Speaking at the Bloomberg Global Business Forum meeting in New York , Kim said Japan, Europe and the US along with India were growing and there was a levelling-out in developing countries. He called for more cooperation among the multilateral system, private sector and the governments to take advantage of the current win-win situation. digital payment service in India digital payment service in India that has been developed for the local peer- -to to- -peer (P2P) lending platforms peer (P2P) lending platforms need to be www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 22
Monthly GK and Current Affairs Capsule–September 2017 Useful Info Useful Info World Bank HQ – Washington D.C President of World Bank – Jim Kim Government Keeps Interest Rates Unchanged on Small Savings Sch Government Keeps Interest Rates Unchanged on Small Savings Schemes • Ahead of monetary policy review, the government has kept unchanged the interest rates on small savings schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi for October Provident Fund (PPF) Provident Fund (PPF) scheme will fetch annual rate of 7.8 percent 7.8 percent while Kisan Vikas Patra (KVP) 7.5 percent 7.5 percent and mature in 115 months 115 months. The one for girl child savings, Sukanya Samriddhi Account Scheme 8.3 percent annually. 8.3 percent annually. Similarly, the investment on 5-year Senior Citizens Savings Scheme will yield 8.3 percent. interest rate on the senior citizens scheme is paid quarterly. Useful Info Useful Info Sukanya Samriddhi Account Sukanya Samriddhi Account can be opened up to age of 10 years The normal Premature closure will be allowed after completion of 18 years provided Sukanya Samriddhi Account Scheme. Senior Citizen Savings Scheme (SCSS) Senior Citizen Savings Scheme (SCSS) Account- An individual of the Age of 60 years or more may open the account. National Savings Certificates (NSC) National Savings Certificates (NSC) Scheme specially designed for Government employees, Businessmen and other salaried classes who are Income Tax assesses. Govt to exempt small exporters from furnishing bank guarantee for shipping goods & serv Govt to exempt small exporters from furnishing bank guarantee for shipping goods & services • Government has decided to exempt small exporters from furnishing bank guarantee for shipping goods and services. In a statement, Finance Ministry said that to facilitate exports under GST, it has been decided that the facility of furnishing Letter of Undertaking, in place of a bond, for exporting goods and services shall be allowed to exporters and no bank guarantee will be required. The decision comes a day after exporters met Finance Minister Arun Jaitley resolution of GST-related problems to boost overseas shipments. Useful Info Useful Info Union Minister for Finance - Arun Jaitley Constituency – Gujarat, Rajya Sabha World's Biggest Wealth Fund Hits $1 Trillion Value For First Time World's Biggest Wealth Fund Hits $1 Trillion Value For First Time • Norway's sovereign wealth fund, the largest in the world, reached the value of $1 trillion for the first time amount equals nearly $189,000 (157,000 euros) for each of the 5.3 million people living in Norway. The fund mainly invests in stocks (accounting for 65.1 per cent of the portfolio at the end of the second quarter), but also in bonds and real estate. With stakes in nearly 9,000 companies, it owns 1.3 per cent of the world's market capitalization, and 2.3 per cent in Europe. Useful Info Useful Info Country – Norway Capital – Oslo Currency - Norwegian krone SEBI SEBI Markets regulator SEBI Markets regulator SEBI barred barred Orion Capital as well as Orion Broking from Markets for 10 years Orion Capital as well as Orion Broking from Markets for 10 years emes October- -December quarter. December quarter. Investments in the Public Kisan Vikas Patra (KVP) investments will yield Sukanya Samriddhi Account Scheme will offer Public 8.3 percent. The 10 years only from the date of birth. 18 years provided that girl is married under the ices Finance Minister Arun Jaitley for $1 trillion for the first time. This www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 23
Monthly GK and Current Affairs Capsule–September 2017 • for 10 years for failing to redress several investor grievances pertaining to non- settlement of funds due to the clients. The nature of investor complaints received against both the firms are predominantly on non-settlement of the funds and securities and balances due to their clients. The claim amount is more than Rs 6 crore against Orion Capital and over Rs 4 crore against Orion Broking. Useful Info Useful Info SEBI – Securities and Exchange Board of India Headquarters – Mumbai Chairperson – Ajay Tyagi SEBI Advisory Committee to Discuss Trading Hours Extension SEBI Advisory Committee to Discuss Trading Hours Extension • An advisory committee of the Securities and Exchange Board of India An advisory committee of the Securities and Exchange Board of India is likely to discuss a proposal for extending stock market trading hours. The stock market in India currently opens at 9 a.m. and closes at 3.30 p.m India currently opens at 9 a.m. and closes at 3.30 p.m., but there is a view, including among stock exchanges, that the trade hours could be extended till up to 7.30 p.m. to better align domestic trading with global markets. The 19 19- -member committee member committee is led of Management, Ahmedabad. The move to extend trading timings will only serve to push up costs and will hurt small and medium brokers the most. SEBI Allows Infrastructure Investment Trusts (InvITs) and Real E SEBI Allows Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to Issue Bonds • The Securities and Exchange Board of India (SEBI) The Securities and Exchange Board of India (SEBI) allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) Estate Investment Trusts (REITs) to raise capital by issuing debt securities. The move will help attract investors to the capital-starved property sector. In addition to allowing bond issuances, SEBI also introduced the concept of strategic investor for REITs, similar to InvITs. INTERNA INTERNATIONAL Sushma Swaraj meets Maithripala Sirisena in Colombo to discuss bilateral issues Sushma Swaraj meets Maithripala Sirisena in Colombo to discuss bilateral issues • External Affairs Minister Sushma Swaraj today met Sri Lankan President Maithripala Sirisena in Colombo and discussed bilateral issues. Foreign Secretary Dr. S. Jaishankar along with a delegation of other senior officials were present in the meeting. The minister, on a two -day official visit to Sri Lanka to participate in the second Indian Ocean Conference-IOC 2017, also met her Sri Lankan counterpart Tilak Marapana before leaving back home. Useful Info Useful Info Union External Affairs Minister – Sushma Swaraj Constituency – Vidisha, Madhya Pradesh Country – Sri Lanka Capital – Colombo, Currency – Sri Lankan Rupee Council of Scientific and Industrial Research (CSIR) Council of Scientific and Industrial Research (CSIR) has been ranked has been ranked 9th in the world • India's largest autonomous public organisation Council of Scientific and Industrial Research (CSIR) Council of Scientific and Industrial Research (CSIR) has been ranked ninth in the world. ninth in the world. The institute has been ranked ninth amongst a total of 1,207 government institutions, according to the Scimago Institutions ranking World Report 2017 Scimago Institutions ranking World Report 2017. It is the only Indian organisation which has found Markets regulator SEBI Markets regulator SEBI barred Orion Capital as well as Orion Broking Orion Capital as well as Orion Broking and their partners from the securities markets led by Jayanth R Varma, by Jayanth R Varma, professor, Indian Institute state Investment Trusts (REITs) to Issue Bonds Infrastructure Investment Trusts (InvITs) and Real TIONAL 9th in the world www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 24
Monthly GK and Current Affairs Capsule–September 2017 place amongst the Top 100 Global Institutions. The ranking (Government Institutions) was topped by the Chinese Academy of Sciences Academy of Sciences. Useful I Useful Info nfo CSIR - Council of Scientific and Industrial Research Director General of CSIR - Girish Sahni World's Highest Sandcastle Built in German City World's Highest Sandcastle Built in German City • The world's highest sandcastle The world's highest sandcastle is now standing 16.68 meters tall in the German city of Duisburg. 16.68 meters tall in the German city of Duisburg. A German travel operator organized the construction of the mammoth sandcastle, bringing in 3,500 tons of sand over the past three and a half weeks to the site at a former steelworks in the inland city. It takes the title from a 14.84-metre sandcastle built early this year in India by sand artist Sudarsan Pattnaik. Useful Info Useful Info Country – Germany Capital – Berlin Currency – Euro Chancellor - Angela Merkel Indian Sand Artist - Sudarsan Pattnaik Death toll in Mexico from tropical storm Lidia rises to 7 Death toll in Mexico from tropical storm Lidia rises to 7 • The death toll from Tropical Storm Lidia that swept across Mexico's Baja California peninsula has risen to seven. Officials said five of the deaths occurred at the resort town of Cabo San Lucas. According to the United States' National Hurricane Center, Lidia is advancing over the peninsula, home to a swank strip of beach resorts, with maximum sustained winds of 65 kilometres per hour. Useful Info Useful Info Country – Mexico Capital – Mexico City Currency - Mexican peso 9th BRICS Summit has started in Xiamen, China 9th BRICS Summit has started in Xiamen, China • The 9th BRICS Summit has started in Xiamen, China The 9th BRICS Summit has started in Xiamen, China with a group photograph of leaders of the five countries (Brazil, Russia, India, China, and South Africa) and was preceded by a warm handshake between Prime Minister Narendra Modi and Chinese president Xi Jinping. Useful Info Useful Info Country – China President – Xi Jinping BRICS Countries BRICS Countries Brazil – Brasília, Brazilian real Russia – Moscow, Russian Ruble India – New Delhi, Indian Rupee China – Beijing, Renminbi (Yuan) South Africa – Cape Town, Pretoria, Bloemfontein, Currency - South African Rand The theme of the 9th BRICS Summit is "Stronger Partnership for a better future". Chinese www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 25
Monthly GK and Current Affairs Capsule–September 2017 Arun Jaitley will attend key security dialouge with Japan today Arun Jaitley will attend key security dialouge with Japan today • Finance Minister Arun Jaitley will attend a key security dialouge with Japan today. Mr Jaitley said he will hold a bilateral dialogue with his Japanese counterpart, ahead of a visit of Japanese Prime Minister Shinzo Abe to India later this month. He added, that it is a very important security dialogue between the two countries. Useful Useful Info Info Country – Japan Capital – Tokyo Currency – Japanese Yen Union Finance Minister – Arun Jaitley Constituency – Gujarat, Rajya Sabha State of emergency declared in Los Angeles State of emergency declared in Los Angeles • A state of emergency has been declared in Los Angeles emergency has been declared in Los Angeles as the city battles the worst wildfires in its history. Hundreds of homes have been evacuated around the Glendale and Burbank suburbs. The fires, covering about 5,000 acres, started in La Tuna Canyon on Friday and have sent plumes of smoke over the city. At least three homes have already been destroyed and a major road, the 210 Freeway, closed. China Announced $80 Million Funding Plan for BRICS China Announced $80 Million Funding Plan for BRICS • China will give 500 million yuan ($76.4 million) China will give 500 million yuan ($76.4 million) for a BRICS economic and technology cooperation plan, and another $4 million for projects at the BRICS countries' New Development Bank stated Chinese President Xi Jinping. The announcement came amid questions over the relevance of BRICS and China's commitment to its New Development Bank (NDB) in light of the Belt and Road initiative and the China-led Asian Infrastructure Investment Bank. Useful Info Useful Info Country – China Capital – Beijing Currency – Renminbi (Yuan) President – Xi Jinping Astronaut Peggy Whitson Astronaut Peggy Whitson returned to Earth returned to Earth • Astronaut Peggy Whitson Astronaut Peggy Whitson returned to Earth. Finishing a 288 who has spent the most cumulative amount of time in space. Peggy Whitson, 57, is also the oldest female astronaut in the history of space exploration, was the first female International Space Station commander first female International Space Station commander, and holds the record for number of spacewalks by a woman. China Bans Raising Funds Through Cryptocurrencies China Bans Raising Funds Through Cryptocurrencies • China has banned individuals and organizations from raising funds through Initial Coin of digital currencies, saying the practice constituted illegal fund-raising. ICOs have become a bonanza for digital currency entrepreneurs, globally and in China, allowing them to raise large sums quickly by creating and selling digital “tokens” with little or no regulatory oversight “tokens” with little or no regulatory oversight. The popularity of coin offerings has surged in China this year. In July, the state news agency Xinhua said there had been 65 ICOs so far during the year raising a combined 2.62 billion yuan ($394.6 million) from 105,000 individuals in the country. Usefu Useful Info l Info 288- -day day mission that put her over the top as the American Initial Coin Offerings (ICO) Offerings (ICO), or launches raise large sums quickly by creating and selling digital www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 26
Monthly GK and Current Affairs Capsule–September 2017 Country – China Capital – Beijing Currency – Renminbi (Yuan) President – Xi Jinping Sushma Swaraj arrives in Russia on three Sushma Swaraj arrives in Russia on three- -day visit • External Affairs Minister Sushma Swaraj External Affairs Minister Sushma Swaraj arrived in Russian port city of Vladivostok third Eastern Economic Forum third Eastern Economic Forum which will deliberate on pressing issues relating to global trade. She will also hold bilateral talks with her Russian counterpart Sergei Lavrov Russian counterpart Sergei Lavrov. The Eastern Economic Forum is considered as the biggest international communication platform for cooperation between businesses leaders and senior government representatives from Russia, the Pacific Region and the Association of Southeast Asian Nations (ASEAN). Delegates from at least 24 countries including the US, Japan, China, Australia, Canada, Britain and Germany are attending the gathering, as per Russian media reports. Useful Info Useful Info Country – Russia Capital – Moscow Currency – Russian Ruble Union Minister for External Affairs – Sushma Swaraj Constituency – Vidisha, Madhya Pradesh UJALA Scheme Launched in Melaka, Malaysia UJALA Scheme Launched in Melaka, Malaysia • Energy Efficiency Services Limited (EESL), Energy Efficiency Services Limited (EESL), under Ministry of Power, Government of India has launched UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia (Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia. The Scheme was launched by Chief Minister of Melaka Datuk Seri Utama Ir. Hj. Idris Bin Hj. Haron. Under this scheme, each household in Melaka will get 10 high-quality 9-watt LED bulbs. Useful Info Useful Info Country – Malaysia Capital – Kuala Lumpur Currency – Malaysian ringgit PM Modi on January 5, 2015, had launched the world's largest, and most extensive LED distribution program, UJALA (Unnat Jyoti by Affordable Lighting for All). Hurricane Irma set to hit Florida keys, Tampa in US; 6.3 million people evacuated Hurricane Irma set to hit Florida keys, Tampa in US; 6.3 million people evacuated • Hurricane Irma is expected to hit the coast of Florida, in the US, but the outer bands are already affecting the south of the state and central Miami is being lashed by heavy rain. National Hurrican Centre reports that with sustained winds at 200 kilometres per hour, Irma has slowly began turning from Cuba's northern coast up into the Florida Strait. The storm is expected to strengthen again and remain a powerful hurricane when it reaches Florida. Useful Info Useful Info Country – United States of America Capital – Washington D.C Currency – US Dollar President – Donald Trump day visit Russian port city of Vladivostok on a three-day visit to attend the UJALA www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 27
Monthly GK and Current Affairs Capsule–September 2017 Second Indian Workers’ Resource Centre Inaugurated in UAE Second Indian Workers’ Resource Centre Inaugurated in UAE • Indian Ambassador in UAE Navdeep Singh Suri Indian Ambassador in UAE Navdeep Singh Suri inaugurated the second Indian Workers’ Resource Centre (IWRC) in UAE in UAE to provide support and counseling to Indians in distress. IWRC provides counseling and support to the overseas Indian Community on legal, personal and financial matters, free of cost. IWRC will provide support and guidance to any member of the Indian community in any such distress situation. Members of the Indian Community can call this centre from anywhere in UAE through a toll free number 800 INDIA or 80046342 toll free number 800 INDIA or 80046342. The helpline will work 24×7 and will have multi lingual facility to help the Indian diaspora staying in UAE. Useful Info Useful Info UAE – United Arab Emirates Capital – Abu Dhabi Currency – United Arab Emirates dirham Khalifa bin Zayed bin Sultan Al Nahyan is the President of the United Arab Emirates (UAE) Indian Ambassador to UAE - Navdeep Singh Suri Prince Prince Charles Becomes Longest Charles Becomes Longest- -Serving Prince of Wales Serving Prince of Wales • Prince Charles Prince Charles, the heir to Britain’s throne, became the longest became the longest- -serving Prince of Wales in history. broke the record of Queen Victoria’s oldest son Albert, who went on to become King Edward VII after holding the title of Prince of Wales for more than 59 years before becoming monarch. Prince Charles is the 21st Prince of Wales in the current line. Prince Charles was created Prince of Wales when he was nine years old on July 26, 1958. He has now held the title for more than 59 years. British Parliament Passed EU Withdrawal Bill British Parliament Passed EU Withdrawal Bill • The Government’s bid to extract the UK from EU law in time for Brexit has passed its first Parliamentary test. EU Withdrawal Bill EU Withdrawal Bill was backed by MPs by 326 to 290. The bill, which will end the supremacy of EU law in the UK, now moves onto its next Parliamentary stage. Previously referred to as the Great Repeal Bill, the EU Withdrawal Bill overturns the 1972 European Communities Act which took the UK into the then European Economic Community. It will also convert all existing EU laws into UK law, to ensure there are no gaps in legislation on Brexit day. Useful Info Useful Info Country – United Kingdom Capital – London Currency – Pound Sterling Fac Facebook fined ebook fined € €1.2 mn by Spain data watchdog 1.2 mn by Spain data watchdog • Spain’s data protection watchdog has slapped a fine of €1.2 million euros (9 crore rupees) on Facebook for failing to prevent its users’ data being accessed by advertisers. Facebook collected personal data from its users in Spain without obtaining their “unequivocal consent”, the Spanish Data Protection Agency said. Useful Info Useful Info Facebook headquarters – Menlo Park, California, United States Country – Spain Capital – Madrid Currency - Euro London London- - World's Top Financia World's Top Financial Center l Center second Indian Workers’ Resource Centre (IWRC) serving Prince of Wales in history. The 68-year-old has passed its first Parliamentary test. The www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 28
Monthly GK and Current Affairs Capsule–September 2017 • extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit. The U.K. capital fell only two points in the latest Global Financial Centres Index published by Z/Yen and the China Development Institute, the smallest decline among the top 10 centers. New York held on to second place. leapfrogged Singapore into third place leapfrogged Singapore into third place. Useful Info Useful Info Country – United Kingdom Capital – London Currency – Pound Sterling Global Human Capital Index: India at 103, Norway Tops Global Human Capital Index: India at 103, Norway Tops • India has been placed at a low 103 rank India has been placed at a low 103 rank, the lowest among BRICS economies, on the World Economic Forum's Global Human Capital Index. Global Human Capital Index. The list has been topped by Norway topped by Norway. The list takes into account "the knowledge and skills people possess that enable them to create value in the global economic system" to measure the 'human capital' rank of a country. India is ranked lower than its BRICS peers, with Russian Federation placed as high as 16th place, followed by China at 34th, Brazil at 77th and South Africa at 87th place China at 34th, Brazil at 77th and South Africa at 87th place. The report measures total 130 countries. Useful Info Useful Info Top 5 countries in the list are Top 5 countries in the list are- - 1.Norway (Oslo, Norwegian krone) 2.Finland (Helsinki, Euro) 3.Switzerland (Bern, Swiss Franc) 4.United States (Washington D.C, US Dollar) 5.Denmark (Copenhagen, Danish krone) India ranked - 103rd India has started ' India has started 'Operation Insaniyat' Operation Insaniyat' to provided assistance to to provided assistance to Bangladesh • India has started 'Operation Insaniyat' Operation Insaniyat' to provided assistance to Bangladesh being faced on account of the large influx of Rohingya refugees into that country from Myanmar Rohingya refugees into that country from Myanmar. The first tranche of India’s relief aid for the Rohingya refugees in Bangladesh arrived and was handed over by the Indian envoy Harsh Vardhan Sringla Vardhan Sringla to the General Secretary of ruling Awami League, Obaidul Quader General Secretary of ruling Awami League, Obaidul Quader. Useful Info Useful Info Country – Bangladesh Capital – Dhaka Currency - Bangladeshi taka Three Indians Among World's '100 Greatest Living Business Minds' Three Indians Among World's '100 Greatest Living Business Minds' • Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in Forbes’s special list of the world’s ‘100 Greatest Living Business Minds 100 Greatest Living Business Minds. Some of the notable honorees alongside Blank are- Warren Buffett, Bill Gates, Jeff Bezos, Mark Zuckerberg, Ted Turner, Rupert Murdoch, Donald Trump and more India to Conduct the First ‘BIMSTEC Disaster Management Exercise India to Conduct the First ‘BIMSTEC Disaster Management Exercise- - 2017’ • The First ‘BIMSTEC Disaster Management ‘BIMSTEC Disaster Management Exercise Exercise- - 2017’ National Disaster Response Force (NDRF) as the lead agency from October 10-13, 2017 in Delhi and the National London London retained its crown as the world’s top financial center world’s top financial center in a ranking that surveys industry professionals, New York held on to second place. In Asia, Hong Kong Hong Kong on the World Economic Forum's Bangladesh Bangladesh in response to the humanitarian crisis Indian envoy Harsh Forbes’s 2017’ 2017’ (BIMSTEC DMEx-2017) will be conducted by the www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 29
Monthly GK and Current Affairs Capsule–September 2017 Capital Region (NCR). This Exercise will be a platform for sharing Best Practices on all aspects of Disaster Risk Reduction (DRR), strengthening regional response and coordination for Disaster Management among the BIMSTEC member countries. Useful Info Useful Info BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation BIMSTEC Nations - Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand First ever National Conference on 'Mission Mode to address Under First ever National Conference on 'Mission Mode to address Under- -Nutrition' held in New Delhi • The Ministry of Women and Child Development holds the first ever National Conference in New Delhi on Mission Mode to address Under Mode to address Under- -Nutrition in the country Nutrition in the country. This conference is being organized keeping in mind the goal of “Malnutrition Free India “Malnutrition Free India- -2022” 2022”. The National Conference, first of its kind, aims at bringing convergence at District/Block levels of the three key Departments (Health & Family Welfare, ICDS/Social Welfare and Drinking Water and Sanitation) three key Departments (Health & Family Welfare, ICDS/Social Welfare and Drinking Water and Sanitation) wherein a roadmap would be drawn to evolve an appropriate strategy in tackling the problem of stunting, under- nutrition and wasting comprehensively and conclusively. Useful Info Useful Info CM of New Delhi - Arvind Kejriwal Governor of New Delhi – Anil Baijal Minister of Women and Child Development – Menaka Sanjay Gandhi Constituency – Pilibhit (Uttar Pradesh) Government to launch mobile app for retiring government staff Government to launch mobile app for retiring government staff • Government will launch a mobile application for central government employees to help them to monitor the progress of their pension settlement cases. Retired employees will also be able to assess their superannuation funds and record complaints through the pension calculator. Minister of State for Public grievances and Pensions Dr Jitendra Singh will launch the app in New Delhi. Useful Info Useful Info Minister of State for Public grievances and Pensions - Dr Jitendra Singh Constituency – Udhampur, Jammu & Kashmir Three Indians Among World's '100 Greatest Living Business Minds' Three Indians Among World's '100 Greatest Living Business Minds' • Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in Forbes’s special list of the world’s ‘100 Greatest Living Business Minds 100 Greatest Living Business Minds. Some of the notable honorees alongside Blank are- Warren Buffett, Bill Gates, Jeff Bezos, Mark Zuckerberg, Ted Turner, Rupert Murdoch, Donald Trump and more India to Conduct the First ‘BIMSTEC Disaster Management Exercise India to Conduct the First ‘BIMSTEC Disaster Management Exercise- - 2017’ • The First ‘BIMSTEC Disaster Management Exercise ‘BIMSTEC Disaster Management Exercise- - 2017’ National Disaster Response Force (NDRF) as the lead agency from October 10-13, 2017 in Delhi and the National Capital Region (NCR). This Exercise will be a platform for sharing Best Practices on all aspects of Disaster Risk Reduction (DRR), strengthening regional response and coordination for Disaster Management among the BIMSTEC member countries. Useful Info Useful Info BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation BIMSTEC Nations - Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand Nutrition' held in New Delhi Mission Forbes’s 2017’ 2017’ (BIMSTEC DMEx-2017) will be conducted by the www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 30
Monthly GK and Current Affairs Capsule–September 2017 First ever National Conference on 'Mission Mode to address Under First ever National Conference on 'Mission Mode to address Under- -Nutrition' held in New Delhi • The Ministry of Women and Child Development holds the first ever National Conference in New Delhi on Mission Mode to address Under Mode to address Under- -Nutrition in the country Nutrition in the country. This conference is being organized keeping in mind the goal of “Malnutrition Free India “Malnutrition Free India- -2022” 2022”. The National Conference, first of its kind, aims at bringing convergence at District/Block levels of the three key Departments (Health & Family Welfare, ICDS/Social Welfare and Drinking Water and Sanitation) three key Departments (Health & Family Welfare, ICDS/Social Welfare and Drinking Water and Sanitation) wherein a roadmap would be drawn to evolve an appropriate strategy in tackling the problem of stunting, under- nutrition and wasting comprehensively and conclusively. Useful Info Useful Info CM of New Delhi - Arvind Kejriwal Governor of New Delhi – Anil Baijal Minister of Women and Child Development – Menaka Gandhi Constituency – Pilibhit (Uttar Pradesh) Government to launch mobile app for retiring Government to launch mobile app for retiring government staff government staff • Government will launch a mobile application for central government employees to help them to monitor the progress of their pension settlement cases. Retired employees will also be able to assess their superannuation funds and record complaints through the pension calculator. Minister of State for Public grievances and Pensions Dr Jitendra Singh will launch the app in New Delhi. Useful Info Useful Info Minister of State for Public grievances and Pensions - Dr Jitendra Singh Constituency – Udhampur, Jammu & Kashmir 13th Inter 13th Inter- -Governmental Commission Meeting in Kazakhstan Governmental Commission Meeting in Kazakhstan • Union Minister for Petroleum and Natural Gas and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan Pradhan is in Astana, Kazakhstan in Astana, Kazakhstan to co-chair the 13th Meeting of 13th Meeting of Inter Kazakhstan Kazakhstan. Mr Kanat Bozumbayev, Minister of Energy of Kazakhstan will co-chair the meeting from Kazakhstan side. The IGC meeting aims to follow up on the agenda set between India and Kazakhstan during the two visits of Prime Minister Shri Narendra Modi to Kazakhstan. Useful Info Useful Info Country – Kazakhstan Capital – Astana Currency – Kazakhstani tenge Union Minister for Petroleum and Natural Gas and Skill Development and Entrepreneurship - Shri Dharmendra Pradhan Constituency – Rajya Sabha, Bihar 40 million people trapped in modern slavery: UN report 40 million people trapped in modern slavery: UN report • United Nations said, an estimated 40 million people, mostly women and girls, are trapped in modern slavery and 152 million children are subject to child labour. According to a UN report published during the UN General Assembly among 40 million people trapped in modern slavery, 29 million are women and girls. The report said one in four victims of modern slavery are children and about 52 million children are subject to child labour, accounting for almost one in ten children around the world. The largest part of them are living in Africa followed by Asia and the Pacific. Over 70 per Nutrition' held in New Delhi Mission Shri Dharmendra Inter- -Governmental Commission (IGC) with Governmental Commission (IGC) with www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 31
Monthly GK and Current Affairs Capsule–September 2017 cent of the child labourers remain in agriculture, while 17 per cent work in the services sector and almost 12 per cent in industry, the report said. The data was developed jointly by the International Labour Organisation (ILO), the Walk Free Foundation and the International Organisation foAr Migration (IOM). Useful Info Useful Info ILO - International Labour Organisation Headquarters of ILO - Geneva, Switzerland IOM - International Organisation for Migration Headquarters of IOM - Geneva, Switzerland India has replaced China India has replaced China as the top retail destination in 2017 as the top retail destination in 2017 • India has replaced China India has replaced China as the top retail destination in 2017 as part of the global retail development index. The change in ranking was an outcome of four factors including increased consumer spending beyond essentials, rising ranking was an outcome of four factors including increased consumer spending beyond essentials, rising mobile and internet penetration mobile and internet penetration, favorable foreign investment climate and bold action on cashless transaction and GST.In addition to the bigger retailers and brands, the mid-size brands from across the world are also looking to cash on the relaxed retail policy in India. Useful Info Useful Info Country – China Capital – Beijing Currency – Renminbi (Yuan) President – Xi Jinping Union Minister of Finance –ArunJaitley Constituency –Gujarat, RajyaSabha WHO Grants $175,000 for 'Vulnerable Population' of Bangladesh WHO Grants $175,000 for 'Vulnerable Population' of Bangladesh • The World Health Organization (WHO) The World Health Organization (WHO) has released its first tranche of emergency funding of $175,000 to provide life life- -saving healthcare to the "vulnerable population" in Bangladesh's Cox's Bazar saving healthcare to the "vulnerable population" in Bangladesh's Cox's Bazar.The WHO South-East Asia Regional Health Emergency Fund (SEARHEF) grant will support 20 mobile medical teams to provide essential services for at least two months. The grant is also being used to procure essential medicines and medical supplies to be distributed to pre-existing health facilities in Cox's Bazar area. Useful Info Useful Info WHO – World Health Organization Headquarters of WHO – Geneva, Switzerland Director General of WHO–TedrosAdhanomGhebreyesus Country – Bangladesh Capital – Dhaka Currency –Bangladeshi Taka Fifty countries have signed a treaty to ban nuclear weapons Fifty countries have signed a treaty to ban nuclear weapons • Fifty countries have signed a treaty to ban nuclear weapons Fifty countries have signed a treaty to ban nuclear weapons, a pact that the world’s nuclear powers spurned but supporters hailed as a historic agreement nonetheless.More than 120 countries approved the new nuclear weapons ban treaty in July 2017 over opposition from nuclear-armed countries and their allies, who boycotted negotiations. Among 50, Brazil was the first country to sign onto the ban Among 50, Brazil was the first country to sign onto the ban, followed by nations from Algeria to Venezuela. emergency funding of $175,000 to provide www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 32
Monthly GK and Current Affairs Capsule–September 2017 Useful Info Useful Info UN – United Nation Headquarters - New York, United States World’s Fastest Commercial Bullet Train in China World’s Fastest Commercial Bullet Train in China • China restored the maximum speed of bullet trains on the Beijing kilometres per hour kilometres per hour, making it the fastest commercially run train, the fastest commercially run train, six years after it reduced the speed due to a fatal accident. The speed was reduced to 300 kilometres per hour following the deadly accident in July 2011 that killed 40 people. Useful Info Useful Info Country – China Capital – Beijing Currency – Renminbi (Yuan) President – Xi Jinping Uber Stripped of its Licence to Operate in London Uber Stripped of its Licence to Operate in London • London's transport regulator stripped Uber London's transport regulator stripped Uber of its licence to operate, affecting over 40,000 drivers in a huge blow to the taxi app. The final day of Uber's licence will be on September 30. In London, Uber has faced criticism from unions, lawmakers and traditional black cab drivers over working conditions. Useful Info Useful Info Country – United Kingdom Capital – London Currency – Pound Sterling CEO of UBER - Dara Khosrowshahi India Gets its First Hig India Gets its First High Horsepower Locomotive from France h Horsepower Locomotive from France • India has received its first High Horsepower Locomotive India has received its first High Horsepower Locomotive with the bodyshell of 12000 HP loco Kolkata port. This first-of-its-kind high-power electric locomotive will be used to haul freight trains at twice the existing speed by 2018. This is the first major FDI (Foreign Direct Investment) FDI (Foreign Direct Investment) project in the rail sector. The first such locomotive is estimated to cost about Rs 30 crore. The Indian Railways is currently using 6,000HP freight services. The locomotive will run at a speed of up to 120 km/h 120 km/h. Useful Info Useful Info Union Railway Minister - Piyush Goyal Constituency – Rajya Sabha, Maharashtra Country – France Capital – Paris Currency - Euro China's Hui Ka Yan Becomes Asia's Richest Man China's Hui Ka Yan Becomes Asia's Richest Man according to the according to the Forbes Real • Hui Ka Yan Hui Ka Yan, the chairman of big China real estate developer China Evergrande Group, has become As man man according to the Forbes Real-Time Billionaires List. Among mainland Chinese, Hui’s estimated fortune of $42.2 billion puts him ahead of Tencent Holdings Chairman Ma Huateng ($39.1 billion), Alibaba Group Chairman Jack Ma Tencent Holdings Chairman Ma Huateng ($39.1 billion), Alibaba Group Chairman Jack Ma Beijing- -Shanghai high Shanghai high- -speed railway line to 350 speed railway line to 350 12000 HP loco from Alstom France Alstom France at 6,000HP locomotives for Forbes Real- -Time Billionaires List Time Billionaires List has become Asia’s richest ia’s richest www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 33
Monthly GK and Current Affairs Capsule–September 2017 ($38.9 billion), a ($38.9 billion), and Wanda Group Chairman Wang Jianlin ($30.4 billion) nd Wanda Group Chairman Wang Jianlin ($30.4 billion). Ma Huateng currently ranks second in Asia and Jack Ma third. Useful Info Useful Info Forbes – Forbes is an American business magazine Country – China Capital – Beijing Currency – Renminbi (Yuan) President – Xi Jinping MC Mary Kom, First Indian to be AIBA Representative at IOC Athletes’ Forum MC Mary Kom, First Indian to be AIBA Representative at IOC Athletes’ Forum • Five-time world champion and Olympic bronze-medallist M C Mary Kom has become the first Indian to be picked as the International Boxing Association’s (AIBA) representative the International Boxing Association’s (AIBA) representative for the International Olympic Committee (IOC) Athletes’ Forum. The event, however, overlaps with the Asian Championship in Vietnam, which is scheduled from November 2 to 12. If Mary Kom is selected for the tournament after trials, her participation at the IOC event would become uncertain. Useful Info Useful Info AIBA - International Boxing Association’s Headquarters - Lausanne, Switzerland Angela Merkel Wins 4th Term as Chancellor of Germany Angela Merkel Wins 4th Term as Chancellor of Germany • Angela Merkel won a fourth term as chancellor in Germany elections Angela Merkel won a fourth term as chancellor in Germany elections that lifted the far-right party Alternative for Germany into parliament for the first time since the immediate aftermath World War II. Merkel’s Christian Democrat-led bloc took 32.5% to defeat Martin Schulz’s Social Democrats, whose 20% is its worst result since the war, the exit polls for national broadcasters ARD and ZDF showed. Useful Info Useful Info Country – Germany Capital – Berlin Currency - Euro WEF’s Global Competitiveness Rankings: India Ranks 40th, Switzerland Tops WEF’s Global Competitiveness Rankings: India Ranks 40th, Switzerland Tops • India remains the most competitive India remains the most competitive country in South Asia country in South Asia, appearing at No. 40 ranking of 137 countries by the World Economic Forum (WEF) ranking of 137 countries by the World Economic Forum (WEF). The ranking is one lower than last year. According to WEF, India’s score is its highest ever according to the current methodology, which ranked Switzerland as the world’s most competitive economy most competitive economy. Useful Info Useful Info World’s top three competitive economic countries 1st – Switzerland (Bern, Swiss franc) 2nd – United States of America (Washington D.C, US Dollar) 3rd – Singapore (Singapore, Singapore Dollar) 40th - India India ranks 3rd among BRICS nations China (27th) and Russia (38th) outshine India among the BRICS group of large emerging markets. ’Incredible India’ Campaign Launched in Cairo, Egypt ’Incredible India’ Campaign Launched in Cairo, Egypt M C Mary Kom has become the first Indian to be picked as No. 40 in the global competitiveness global competitiveness Switzerland as the world’s www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 34
Monthly GK and Current Affairs Capsule–September 2017 • country. The month-long "Incredible India!" campaign "Incredible India!" campaign has been organised by the Embassy of India in Cairo. As a part of the campaign, 12 buses of transport authority will showcase various tourist destinations in India, including culture, festivals, monuments, landscape, wildlife, people and food. Useful Info Useful Info Country – Egypt Capital – Cairo Currency – Egyptian pound Two Indians on Fortune's List of 'Most Powerful Women in International Business' Two Indians on Fortune's List of 'Most Powerful Women in International Business' • Two Indian women Two Indian women have featured on Fortune's list of Most Powerful Women in business outside the US. Most Powerful Women in business outside the US. Managing Director and CEO of ICICI Bank Chanda Kochhar Chanda Kochhar was ranked fifth ranked fifth and Managing Director and CEO of Axis Bank Shikha Sharma Shikha Sharma was ranked at 21 21. Group Executive Chairman of Spain's Banco Santander Ana Botín topped the list. The 50 global businesswomen represent 17 countries and many industries. Useful Info Useful Info Top three Most Top three Most Powerful Women in business in the List are Powerful Women in business in the List are- - 1st Ana Botin (Spain) 2nd Emma Walmsley (UK) 3rd Isabelle Kocher (France). 5th Chanda Kochhar (ICICI Bank CEO) 21st Shikha Sharma (Axis Bank CEO) Two US Lawmakers Introduce Legislation in House of Representative to Support India’s Permanent Membership to Two US Lawmakers Introduce Legislation in House of Representative to Support India’s Permanent Membership to UNSC UNSC • In the United States, In the United States, two influential Democratic lawmakers have introduced a legislation in the House of Representative to support India’s permanent membership to the UN Security Council. Introduced by Congressman Ami Bera Bera and Congressman Frank Pallone Congressman Frank Pallone, the resolution would put the House officially on record in support of India’s bid. Ami Bera, Vice Ranking Member on the House Foreign Affairs Committee Ami Bera, Vice Ranking Member on the House Foreign Affairs Committee and longest serving Indian-American in Congress stated that securing a permanent spot for India on the UN Security Council would strengthen democracy around the world. Useful Info Useful Info UN – United Nation Headquarters of UN – New York Twitter Announces Test Project Allowing Tweets to be Expanded From 140 to 280 Characters Twitter Announces Test Project Allowing Tweets to be Expanded From 140 to 280 Characters • Twitter Twitter has announced a test project test project allowing tweets to be expan tweets to be expanded to 280 characters the latest effort to boost flagging growth at the social network. It aims to address a major cause of frustration for many users. Twitter, which became a public company in 2013, has never reported a profit even though it has built a loyal base of celebrities, journalists and political figures. Useful Info Useful Info Twitter HQ - San Francisco CEO of Twitter - Jack Dorsey India India launched a campaign to woo Egyptian travellers Egyptian travellers and make them aware of magnificent holiday options in the Spain's Banco Santander Ana Botín topped the list. Congressman Ami ded to 280 characters, double the existing limit in www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 35
Monthly GK and Current Affairs Capsule–September 2017 Saudi Arabia’s King Salman Saudi Arabia’s King Salman has issued a decree allowing has issued a decree allowing women to drive for the first time • Saudi A Saudi Arabia’s King Salman rabia’s King Salman has issued a decree allowing women to drive for the first time implemented by June 2018. The royal decree will implement the provisions of traffic regulations, including the issuance of driving licences for men and women alike. Saudi Arabia is the only country in the world to forbid women from Saudi Arabia is the only country in the world to forbid women from driv driving. ing. Saudi women remain largely under the whim of male relatives due to guardianship laws. Useful Info Useful Info Country – Saudi Arabia Capital – Riyadh Currency - Saudi riyal Appointments (National& International) in September 2017 Appointments (National& International) in September 2017: National Appointments in National Appointments in September 2017 September 2017: women to drive for the first time women to drive for the first time. The order will be Rajiv Mehrishi Rajiv Mehrishi Useful Info: Useful Info: New CAG – Rajiv Mehrishi Preceded by – Shashi Kant Sharma New Home Secretary – Rajiv Gauba Preceded by – Rajiv Mehrishi Sunil Arora Sunil Arora Useful Info: Useful Info: Chief Election Commissioner of India – Achal Kumar Joti PV Sindhu PV Sindhu Registered Office of Bridgestone India Private Limited is in Pune, Maharashtra Useful Info: Useful Info: State – Maharashtra Capital – Mumbai CM – Devendra Fadnavis Governor – Vidyasagar Rao IAS officer Anita Karwal IAS officer Anita Karwal Preceded by – Rajesh Kumar Chaturvedi Director General of the National Skill Development Agency. Sankara Narayanan Sankara Narayanan (He has taken over the reigns of the bank from Kishore Sansi, who reached superannuation on August 31. He joined Bank of India as a direct recruit officer in 1983 and has headed various branches.) Useful Useful Info: Vijaya Bank HQ – Bengaluru New New Comptroller and Auditor General of India (CAG) Comptroller and Auditor General of India (CAG) New New Election Commissioner of India Election Commissioner of India first brand ambassador of tyre maker Bridgestone India first brand ambassador of tyre maker Bridgestone India new new Chairperson of Central Board of Secondary Chairperson of Central Board of Secondary Education, (CBSE) Education, (CBSE) MD & CEO of Vijaya Bank MD & CEO of Vijaya Bank Info: www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 36
Monthly GK and Current Affairs Capsule–September 2017 MD & CEO - R A Sankara Narayanan Tagline Line – A Friend you can bank on. Viveck Goenka Viveck Goenka (Chairman and Managing Director of the Express Group) he succeeds Riyad Mathew. N. Ravi, former Editor-in-Chief of The Hindu has been elected as the Vice Chairman of PTI. Mr. Ravi succeeds Mr. Goenka as Vice Chairman. Sjoerd Marijne Sjoerd Marijne (He has replaced Roelant Oltmans.) A.B. Pandey A.B. Pandey (CEO of UIDAI) Pandey was given additional charge days after GSTN’s first chairman Navin Kumar completed his term on 29 August. Abhay Firodia Abhay Firodia (Force Motors Chief) Useful Info: Useful Info: SIAM - Society of Indian Automobile Manufacturers SIAM is headquartered in New Delhi New President of SIAM - Abhay Firodia M. Nagaraja Sarma M. Nagaraja Sarma (Sarma is at present the general manager, Oriental Insurance Co. Ltd.) Useful Info Useful Info Head Office of United India Insurance Co. Ltd. is in Chennai Mahendra Pratap Mall Mahendra Pratap Mall Useful Useful Info: Corporate Office of IRCTC is situated at New Delhi Y.C Modi Y.C Modi (Senior IPS officer) He will take over from Sharad Kumar after he completes his tenure on October 30. Rajni Kant Misra Rajni Kant Misra (Mr. Misra is at present the Additional Director General in the Border Security Force (BSF).) Ajay Bisaria Ajay Bisaria Useful Info: Useful Info: Country – Pakistan Capital – Islamabad Currency – Pakistani Rupee Balraj Joshi Balraj Joshi Useful Info: Useful Info: NHPC Headquarters – Faridabad, India Shashi Shankar Shashi Shankar (He will replace Dinesh K Sarraf) Rajiv Sabharwal Rajiv Sabharwal (He will be joining Tata Capital in January Chairman of Press Trust of India Chairman of Press Trust of India New Coach of Indian Men's Hockey Team New Coach of Indian Men's Hockey Team interim chairman of the Goods and Services interim chairman of the Goods and Services Tax Network (GSTN) (GSTN) Tax Network new president of the automobile industry body Society of new president of the automobile industry body Society of Indian Automobile Manufacturers (SIAM) Indian Automobile Manufacturers (SIAM) New CMD of United India Insurance Co. Ltd (UIIC) New CMD of United India Insurance Co. Ltd (UIIC) Chairman and Managing Director of Indian Railway Chairman and Managing Director of Indian Railway Catering and Tourism Corporation (IRCTC) Ltd Catering and Tourism Corporation (IRCTC) Ltd Info: chief of the National Investigation Agency (NIA) chief of the National Investigation Agency (NIA) Director General of the Sashastra See Director General of the Sashastra Seema Bal (SSB) ma Bal (SSB) India’s New High Commissioner to Pakistan India’s New High Commissioner to Pakistan New Chairman of NHPC New Chairman of NHPC Chairman and Managing Director (CMD) of ONGC Chairman and Managing Director (CMD) of ONGC New CEO of Tata Capital New CEO of Tata Capital www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 37
Monthly GK and Current Affairs Capsule–September 2017 2018 and would be taking over from the company's current Managing Director & CEO Praveen P Kadle.) Useful Info: Useful Info: N Chandrasekaran is the Chairman of Tata Sons Resignation Resignation Infosys Senior Vice President Sanjay Rajagopalan Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post. List of New Governor of Indian States List of New Governor of Indian States: State State Tamilnadu Assam Bihar Meghalaya Andaman and Nicobar New Governor New Governor Banwarilal Purohit Prof Jagdish Mukhi Satya Pal Malik Ganga Prasad Devendra Kumar Joshi Preceded Preceded Vidyasagar Rao Banwarilal Purohit Keshari Nath Tripathi Banwarilal Purohit Jagdish Mukhi Important International Appointments Important International Appointments: New High Commissioner of India to Cyprus New High Commissioner of India to Cyprus R.K. Raghavan R.K. Raghavan Useful Info: Useful Info: Country – Cyprus Capital – Nicosia Currency – Euro, Cypriot pound James Bridenstine James Bridenstine Useful Info: Useful Info: Country – United States of America Capital – Washington D.C Currency – US Dollar President – Donald Trump Kenneth I. Juster Kenneth I. Juster Bollywood actress Parineeti Chopra Bollywood actress Parineeti Chopra Useful Info: Useful Info: Country – Australia Capital – Canberra Currency – Australian Dollar Halimah Yacob Halimah Yacob (She became the country’s first female President and the first in five decades to come from the Malay ethnicity.) Useful Info: Useful Info: Country – Singapore Capital – Singapore City New head the US space agency NASA U.S Ambassador to India U.S Ambassador to India the first Indian woman ambassador in the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia Australia' (FOA) advocacy panel by Tourism Australia. 'Friends of 8th President of Singapore 8th President of Singapore www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 38
Monthly GK and Current Affairs Capsule–September 2017 Currency – Singapore Dollar Ban Ki Ban Ki- -moon moon (Former United Nations (UN) Secretary- General) Useful Info: Useful Info: IOC - International Olympic Committee Headquarters of IOC – Lausanne, Switzerland President of IOC - Thomas Bach Mercedes Araoz Fernandez Mercedes Araoz Fernandez (He replaced Fernando Zavala, who lost the vote of confidence by lawmakers on 15 September 2017.) Useful Info: Useful Info: Country – Peru Capital – Lima Currency – Sol New Prime Minister - Mercedes Araoz Fernandez Akshay Kumar (Bollywood actor) Akshay Kumar (Bollywood actor) Akshay was also appointed as the brand ambassador for the cleanliness campaign in Uttar Pradesh in August 2017 and his film "Toilet: Ek Prem Katha" was made tax-free in the state. Useful Info: Useful Info: State – Uttarakhand Capital – Dehradun CM - Trivendra Singh Rawat Governor - Krishan Kant Paul Joao Lourenco Joao Lourenco (He is first new President of the country in 38 years) Useful Info: Useful Info: Country – Angola Capital – Luanda Currency - Angolan kwanza Resignation Resignation Newly elected as Chair of Ethics Commission of the Newly elected as Chair of Ethics Commission of the International Olympic Committee (IOC International Olympic Committee (IOC) ) new Prime Minister of Peru new Prime Minister of Peru Uttarakhand Swachh Bharat Mission Brand Ambassador Uttarakhand Swachh Bharat Mission Brand Ambassador New President of Angola New President of Angola Prime Prime Minister of Iceland Mr. Bjarni Benediktsson Minister of Iceland Mr. Bjarni Benediktsson has resigned from the post Useful Info: Useful Info: Country – Iceland Capital – Reykjavik Currency – Icelandic króna www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 39
Monthly GK and Current Affairs Capsule–September 2017 Awards and Honours Awards and Honours- - September 2017 September 2017 Awards Awards Winners Winners The The Reliance Foundation Reliance Foundation (Kendriya Vidyalaya Sangathan (KVS) also received the Rashtriya Khel Protsahana Purushkar for its ‘Identification and Nurturing of Budding and Young Talent’ (IDCO) program.) Useful Info: Useful Info: Nita Ambani is the chairperson and founder of Reliance Foundation and a non-executive director of Reliance Industries Hyderabad International Airport Ltd Hyderabad International Airport Ltd Useful Info: Useful Info: State – Telangana Capital – Hyderabad CM – K. Chandrashekar Rao Governor – Ekkadu Srinivasan Lakshmi Narasimhan Karnataka Bank Karnataka Bank (for the use of technology for financial inclusion at the 13th IDRBT Banking Technology Excellence Awards 2016-17.) Useful Info: Useful Info: Karnataka Bank Headquarters in Mangaluru MD & CEO - Mahabaleshwara M.S N R Narayana Murthy N R Narayana Murthy (Infosys co-founder) and Veena Sahajwalla Sahajwalla (Mumbai-born scientist) Prakash Padukone ( Prakash Padukone (The renowned Indian Badminton legend, he won the 1980 All England, besides bagging a bronze at the 1983 World Championship in Copenhagen.) ) Useful info: Useful info: Mr. Himantha Biswa Sarma is the President of Badminton Association of India. Tahir Mahmood Tahir Mahmood (He is a Eminent jurist awarded for his distinguished services to legal education and the legal profession on the occasion of Law Teachers' Day celebrations) The Marine Products Export Develo The Marine Products Export Development Authority (MPEDA) (MPEDA) (This award has been given to MPEDA for the best Implementation of Official language in Prestigious Rashtriya Khel Protsahan Award Prestigious Rashtriya Khel Protsahan Award National Award for ‘Excellence’ in Energy Management Winner of ‘best bank’ award among small banks Winner of ‘best bank’ award among small banks Veena PLuS Alliance Prize PLuS Alliance Prize First life time award by Badminton Association of India First life time award by Badminton Association of India (BAI) (BAI) Prestigious N R Madhava Menon Best Law Teacher Prestigious N R Madhava Menon Best Law Teacher Award 2017 Award 2017 pment Authority National level Rajbhasha Keerti Award National level Rajbhasha Keerti Award www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 40
Monthly GK and Current Affairs Capsule–September 2017 the organization.) Useful Info: Useful Info: MPEDA Chairman- A Jayathilak Vijaya Bank has bagged the first prize under the Rajbhasha Kirti Puraskar (Region C) for the year 2016-17 S S Rajamouli S S Rajamouli (film-maker) Useful Info: Useful Info: Vice President - M Venkaiah Naidu S S Rajamouli – Film Maker Recent Movie of S S Rajamouli – Bahubali Zannah Mustapha Zannah Mustapha (He is the Director of Future Prowess Islamic Foundation School. Mr. Mustapha is the first Nigerian recipient of the award.) Useful Info: Useful Info: The office of the United Nations High Commissioner for Refugees (UNHCR) was created in 1950. In 1954, UNHCR won the Nobel Peace Prize for its groundbreaking work in Europe. FilippoGrandi is the 11th United Nations High Commissioner for Refugees. Professor C.N.R Rao (Eminent scientist) Professor C.N.R Rao (Eminent scientist) (The award is the US-based Materials Research Society’s (MRS) highest honour. Mr Rao is the Bharat Ratna awardee.) Rajkummar Rao Rajkummar Rao (GQ (Gentlemen’s Quarterly) magazine conducted the GQ Men of the Year Awards for 2017, in Mumbai. Woman of the Year award was won by Anushka Sharma.) Prestigious ANR National Award Prestigious ANR National Award UN High Commission for Refugees (UNHCR) 2017 UN High Commission for Refugees (UNHCR) 2017 Nansen Nansen Refugees Award Refugees Award Prestigious Von Hippel Award Prestigious Von Hippel Award Gentlemen’s Quarterly Actor of the Year Award Gentlemen’s Quarterly Actor of the Year Award 69th Emmy Awards: Complete List of Winners 69th Emmy Awards: Complete List of Winners SNo SNo Award Award Winner Winner 1. Outstanding Comedy Series Veep 2. Outstanding Drama Series The Handmaid's Tale 3. Outstanding Variety Talk Series Last Week Tonight with John Oliver 4. Outstanding Variety Sketch Series Saturday Night Live 5. Outstanding Limited Series Big Little Lies 6. Outstanding Television Movie Black Mirror: "San Junipero" 7. Outstanding Lead Actor in a Comedy Donald Glover as Earnest "Earn" Marks on Atlanta www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 41
Monthly GK and Current Affairs Capsule–September 2017 Series Outstanding Lead Actress in a Comedy Series 8. Julia Louis-Dreyfus as Selina Meyer on Veep Outstanding Lead Actor in a Drama Series 9. Sterling K. Brown as Randall Pearson on This Is Us Outstanding Lead Actress in a Drama Series 10. Elisabeth Moss as June Osborne / Offred on The Handmaid's Tale Outstanding Directing for a Comedy Series 11. Atlanta (Episode: "B.A.N."), Directed by Donald Glover Outstanding Directing for a Drama Series 12. The Handmaid's Tale (Episode: "Offred"), Directed by Reed Morano Outstanding Writing for a Comedy Series Master of None (Episode: "Thanksgiving"), Written by Aziz Ansari and Lena Waithe 13. 74th Venice Film Festival Awards 2017 74th Venice Film Festival Awards 2017 Golden Lion Golden Lion - - Best Movie Best Movie Grand Jury Prize Grand Jury Prize Silver Lion Silver Lion - - Best Director Best Director Volpi Cup Volpi Cup - - Best Actress Best Actress Volpi Cup Volpi Cup - - Best Actor Best Actor The Shape of Water, directed by Guillermo del Toro Foxtrot, directed by Samuel Maoz Xavier Legrand (for Jusqu’à la Garde) Charlotte Rampling (for Hannah) Kamel El Basha (for The Insult) UNESCO Announced Winners of Literacy Prizes UNESCO Announced Winners of Literacy Prizes Confucius Prize for Literacy (3 Awards) The UNESCO The UNESCO Confucius Prize for Literacy (3 Awards) AdulTICoProgram AdulTICoProgram (Columbia), FunDza Literacy Trust (South Africa) and The Citizens Foundation (Pakistan) The Centre for the Study of Learning and Performance (Canada) and the We Love Reading programme (Jordan). The King Sejong Literacy Prize The King Sejong Literacy Prize BUSINESS NEWS BUSINESS NEWS Bharti Airtel, has launched Airtel GST Advantage Bharti Airtel, has launched Airtel GST Advantage •Airtel Business, the B2B arm of telecom major Bharti Airtel, has launched Airtel GST Advantage designed to enable small businesses and start-ups to file their GST returns “accurately, securely and seamlessly.” Launched in partnership with ClearTax, Airtel GST Advantage is being offered free to all existing Airtel Business customers. Airtel GST Advantage offers a three-pronged solution to customers, they can get free and secure access to the GST Network via Clear Tax. Useful Info Useful Info Director & CEO of Airtel Business - Ashok Ganapathy Samsung’s Bixby Voice now works in India Samsung’s Bixby Voice now works in India Bharti Airtel, has launched Airtel GST Advantage - a solution www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 42
Monthly GK and Current Affairs Capsule–September 2017 •Bixby Bixby takes some initial setting up, requiring users to input their voice, reading commands and sentences and trying input their voice, reading commands and sentences and trying out a few tasks out a few tasks. Bixby is meant to do additional and on-phone tasks which Samsung hopes will make getting things done faster and easier. Bixby Voice can be triggered by saying “Hi Bixby” to a sleeping device also. Useful Info Useful Info Samsung HQ – Seoul, South Korea Reliance Industries Ltd (RIL) Reliance Industries Ltd (RIL) is the world’s third is the world’s third- -biggest energy company biggest energy company •Reliance Industries Ltd (RIL) Reliance Industries Ltd (RIL) is the world’s third-biggest energy company behind Russian gas firm Gazprom and German utility E.ON, according to Platts Top 250 Global Energy Company Rankings according to Platts Top 250 Global Energy Company Rankings. State-owned Indian Oil Corp (IOC) (IOC) climbed to 7th position climbed to 7th position in the 2017 ranking, up from 14th rank in 2016. Oil and Natural Gas Corp (ONGC) placed at 11th at 11th position in 2017 position in 2017 as against 20th in 2016. Coal India Ltd, the world’s largest coal producer, Coal India Ltd, the world’s largest coal producer, was the only Indian firm to have slipped in the ranking - 45 in 2017. Useful Info Useful Info Russia’s Gazprom snagged the number 1 spot, ending US oil and gas giant ExxonMobil’s 12-year reign at the top of the list. MoU and MoU and AGREEMENT AGREEMENT India and Switzerland India and Switzerland signed two MoUs in the field of Railways signed two MoUs in the field of Railways • India and Switzerland India and Switzerland signed two MoUs in the field of Railways. The two MoUs were signed between Ministry of Railways and Swiss Confederation after high-level talks between Indian Prime Minister Narendra Modi and Doris Leuthard, President of Swiss Confederation during her visit to New Delhi. First MoU First MoU • The MoU was signed between Ministry of Railways and Federal Department of the Environment, Transport, and Communications of the Swiss Confederation for technical cooperation in Rail Sector. The MoU aims at cooperation in the following areas: the following areas: 1.Traction Rolling stock 2.EMU and Train sets 3.Traction Propulsion Equipment 4.Tilting Trains Se Second MoU cond MoU • The second MoU was signed between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology (ETH) Zurich. The MoU aims to help the Konkan Railway in establishing the George Fernandes Institute of Tunnel Technology (GFITT) at Goa, especially for assimilation and dissemination of knowledge in the field of tunneling. Useful Info Useful Info Union Minister for Railways – Piyush Goyal Constituency – Maharashtra, Rajya Sabha Country – Switzerland Capital – Bern Currency – Swiss Franc Swedis Swedish defence major SAAB h defence major SAAB announced its announced its tie tie- -up with Adani Group up with Adani Group Indian Oil Corp Oil and Natural Gas Corp (ONGC) was The MoU aims at cooperation in www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 43
Monthly GK and Current Affairs Capsule–September 2017 • India India under the Defence Ministry’s $10 billion single-engine fighter jet procurement programme. The announcement comes within months of US’ Lockheed Martin announcing its joint venture with Tata Advanced Systems for producing the latest version of F-16 in India. Useful Info Useful Info Chairman and Founder of the Adani Group – Gautam Adani Country – Sweden Capital – Stockholm Currency - Swedish krona Nepal Nepal has signed a has signed a USD 635 million UN assistance package USD 635 million UN assistance package for 2018 • Nepal Nepal has signed a USD 635 million UN assistance package USD 635 million UN assistance package for 2018-2022 to lay out the country’s development strategy for the next five years. The package involves 26 individual UN agencies. The National Planning Commission, apex advisory body of the Government of Nepal, and the United Nations Country Team (UNCT) in Nepal signed the United Nations Development Assistance Framework (UNDAF). Useful Info Useful Info Country – Nepal Capital – Kathmandu Currency – Nepalese Rupee United Nations Secretary-General - Antonio Guterres India, Myanmar sign eleven MoUs in a range of sectors India, Myanmar sign eleven MoUs in a range of sectors • India and Myanmar have signed 11 Memoranda of Understanding (MoUs) agreements in a range of sectors, including one on maritime security cooperation. The MoUs were signed after Prime Minister Narendra Modi held wide- ranging talks with Myanmar's State Counsellor Aung San Suu Kyi in Nay Pyi Taw. • Besides the MoU to strengthen maritime security cooperation, the countries also signed an agreement for sharing white shipping information to improve data sharing on non-classified merchant navy ships or cargo ships. • The 11 MoUs also include one between the Election Commission of India and Union Election of Myanmar, the national level electoral commission of Myanmar. An MoU was also signed to organise cultural exchange programme for the period 2017-2020, according to a statement issued by Ministry of External Affairs. • The two countries also signed agreements on cooperation between Myanmar Press Council and Press Council of India, extension of agreement on the establishment of India-Myanmar Centre for Enhancement of IT skill. • They also signed agreements to cooperate in 'Medical Products Regulation' and in the field of health and medicine. They also signed an MoU on enhancing the cooperation on upgradation of the women's police training centre at Yamethin in Myanmar. Useful Info Useful Info Country – Myanmar (Burma) Capital – Naypyidaw Currency - Burmese kyat Agreement between Agreement between State State- -owned Bharat Sanchar Nigam Limited (BSNL owned Bharat Sanchar Nigam Limited (BSNL) ) US Coriant Coriant to chart the path to 5G to chart the path to 5G Swedish defence major SAAB Swedish defence major SAAB announced its tie tie- -up with Adani Group up with Adani Group to manufacture the Gripen E fighter jets in Gripen E fighter jets in for 2018- -2022 2022 US- -based networking solutions provider based networking solutions provider www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 44
Monthly GK and Current Affairs Capsule–September 2017 • solutions provider Coriant solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India. The MoU was signed between BSNL and Coriant for laying the foundation for innovation in network architectures and services leveraging 5G, IoT, Sof Software Defined Networking/Network Functions Virtualisation (SDN/NFV) tware Defined Networking/Network Functions Virtualisation (SDN/NFV), and mobile edge computing technologies. Useful Info Useful Info Chairman & Managing Director of BSNL is Shri Anupam Shrivastava Internet of Things – the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data. Ashok Leyland Inks Pact with Rosoboronexport, ELCOM Ashok Leyland Inks Pact with Rosoboronexport, ELCOM • The defence entity of Hinduja Group flagship company Ashok Leyland Hinduja Group flagship company Ashok Leyland had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces. Rosoboronexport (ROE) in Russia for export of the entire range of military products and technologies. Ashok Leyland signed another MoU with ELCOM Group ELCOM Group which is also emerging as a significant player in strategic electronics, avionics and tactical communication globally. Useful Info Useful Info Country – Russia Capital – Moscow Currency – Russian Ruble Rosoboronexport represents Russian companies engaged in the manufacturing of main battle tanks, infantry fighting vehicles and is currently working with the Indian Army. Exide Life Insurance Exide Life Insurance has announced a partnership with has announced a partnership with Punjab & Maharashtra Co Punjab & Maharashtra Co- -operative Bank (PMC Bank) • Exide Life Insur Exide Life Insurance ance has announced a partnership with Punjab & Maharashtra Co offer its protection and savings products to the latter’s customers. PMC Bank is a multi-State scheduled urban cooperative bank with 127 branches spread across Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh. Exide Life Insurance works with around 50 banks. Useful Info Useful Info Exide Life Insurance Company Limited Headquarter – Bengaluru MD and CO of Exide Life Insurance - Kshitij Jain List of MoUs Signed During Visit of PM Modi to Myanmar List of MoUs Signed During Visit of PM Modi to Myanmar After attending the BRICS Summit in China, PM Modi left for his three Myanmar President Htin Kyaw. Following set of agreements were signed between the two nation. • MoU on Maritime Security Cooperation • Cultural Exchange Programme for the year 2017-2020. • MoU on Enhancing the Cooperation of the Upgradation of the Women's Police Training Centre at Yamethin, Myanmar. • MoU for Sharing White Shipping Information between the Indian Navy and Myanmar Navy • Technical Agreement for providing Coastal Surveillance System State State- -owned Bharat Sanchar Nigam Limited (BSNL owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US US- -based networking based networking Rosoboronexport (ROE) is the only State organisation operative Bank (PMC Bank) operative Bank (PMC Bank) to Punjab & Maharashtra Co- -operative Bank (PMC Bank) three- -day visit to Myanmar. day visit to Myanmar. He was received by the www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 45
Monthly GK and Current Affairs Capsule–September 2017 • of the Republic of India and Food and Drugs (FDA), Ministry of Health and Sports of Myanmar on Cooperation in Medical Products Regulation. • Exchange of Letter for Extension of MoU on the establishment of MIIT • Exchange of Letter for Extension of MoU on the establishment of India-Myanmar Center for Enhancement of IT- Skill • MoU in the field of elections between the Election Commission of India and The Union Election Commission of Myanmar. • MoU on Cooperation between Myanmar Press Council and the Press Council of India. Useful Info Useful Info Country – Myanmar (Burma) Capital – Naypyidaw Currency - Burmese kyat Andhra Pradesh government Andhra Pradesh government has signed an MoU with has signed an MoU with Hyperloop Transportation Technologies Hyperloop Transportation Technologies (HTT) • The Andhra Pradesh government The Andhra Pradesh government has signed an MoU with the US Technologies Technologies (HTT)to build In India's first Hyperloop system. dia's first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in Andhra Pradesh, supposedly covering the distance of over 35 km in just five minutes. The AP Economic Development Board (AP-EDB) and HTT signed the MoU in Amaravati. Under the MoU, a six-month feasibility study would be conducted from October. Useful Info Useful Info State – Andhra Pradesh Capital – Amaravati CM – N. Chandrababu Naidu Governor - E. S. L. Narasimhan BSNL and Punjab National Bank (PNB) Join Hands for Mobile Wallet Speedpay Rollout BSNL and Punjab National Bank (PNB) Join Hands for Mobile Wallet Speedpay Rollout • Punjab National Bank Punjab National Bank and state-run firm BSNL teamed up BSNL teamed up to roll out open mobile wallet Speedpay across 10 states in the country. in the country. PNB Speedway wallet will operate like any other mobile wallet for paying bills, recharging phone besides its users will be able to deposit and withdraw money from authorized retail outlets. Under the agreement, BSNL will expand Speedpay services in Punjab, Chandigarh(UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and Uttarakhand. Useful Info Useful Info PNB – Punjab National Bank Headquarters – New Delhi Tagline – The name you can bank upon MD & CEO of Punjab National Bank - Sunil Mehta Chairman & Managing Director of BSNL - Shri Anupam Shrivastava India and Afghanistan exchanged four pacts in areas of health, transport, space India and Afghanistan exchanged four pacts in areas of health, transport, space • India and Afghanistan exchanged four pacts India and Afghanistan exchanged four pacts in areas of health, transport, space and new development partnership. The agreements were exchanged after delegation level talks between External Affairs Minister Sushma Swaraj MoU between the Central Drugs Standard Control Organization (CDSCO), Ministry Of Health and Family Welfare (HTT) US- -based Hyperloop Transportation based Hyperloop Transportation 10 states External Affairs Minister Sushma Swaraj and www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 46
Monthly GK and Current Affairs Capsule–September 2017 Foreign Minister of Afghanistan Salahuddin Rabbani Foreign Minister of Afghanistan Salahuddin Rabbani in New Delhi. Mr. Rabbani was on the three-day visit to India. India will supply wheat to Afghanistan in coming weeks through Chahbahar port. Useful Info Useful Info Country – Afghanistan Capital – Kabul Currency - Afghan afghani Union Minister for External Affairs – Sushma Swaraj Constituency – Vidisha, Madhya Pradesh Maharashtra Government and Mother Dairy have signed a lease Maharashtra Government and Mother Dairy have signed a lease agreement to set up a processing plant • The Maharashtra Government and Mother Dairy Fruit and Vegetable Pvt. Ltd The Maharashtra Government and Mother Dairy Fruit and Vegetable Pvt. Ltd, a subsidiary of National Dairy Development Board (NDDB) have signed a lease agreement to set up a state-of-the-art milk and milk products processing plant. As per the MoU, a dairy development initiative will begin in Vidarbha and Marathwada regions to provide access to milk producers to markets in Nagpur and Mumbai. Useful Info Useful Info State – Maharashtra Capital – Mumbai CM – Devendra Fadnavis Governor – Vidyasagar Rao Paytm Payments Bank (PPB) Paytm Payments Bank (PPB) has partnered with the has partnered with the National Payments Corporation of India (NPCI) National Payments Corporation of India (NPCI) • Paytm Payments Bank (PPB) Paytm Payments Bank (PPB) has partnered with the National Payments Corporation of India (NPCI) National Payments Corporation of India (NPCI) to launch a RuPay RuPay- -powered digital debit powered digital debit card. card. With the PPB Digital debit card, customers will now be able to transact at all merchants who accept credit and debit cards. Existing Paytm users need to complete a KYC process to become an account holder with PPB. Following this, they will be issued a free digital RuPay card. Useful Info Useful Info NPCI - National Payments Corporation of India Paytm founder - Vijay Shekhar Sharma Ten MoUs have been signed between India and Belarus Ten MoUs have been signed between India and Belarus • Prime Minister Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi and discussed various issues of mutual interest of both countries. A number of agreements were signed in several areas after the talks. Mr. Lukashenko’s visit was significant as it took place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations. Following are the 10 Agreements/MoUs were signed: Following are the 10 Agreements/MoUs were signed: • MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education of the Republic of Belarus • MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field of Vocational Education and Training • Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus agreement to set up a processing plant www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 47
Monthly GK and Current Affairs Capsule–September 2017 • Belarus for Cooperation in Agricultural Research and Education • Protocol amending the Agreement between the Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007 • Programme of cooperation between the Government of Republic of India and the Government of Republic of Belarus in the field of culture for 2018-2020 • MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry in the Oil and Gas Sector • MoU between JSV "Belzarubezhstroy” and National Buildings Construction Corporation Ltd. • MoU between JSC Belarusian Potash Company (BPC) and Indian Potash Ltd (IPL) • Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune Useful Info Useful Info Country – Belarus Capital – Minsk Currency – Belarusian Ruble Payment gateway provider PayU has Payment gateway provider PayU has announced its collaborations with the IRCTC announced its collaborations with the IRCTC • Payment gateway provider Payment gateway provider PayU has PayU has announced its collaborations with the IRCTC secure option to pay for rail tickets booked via the IRCTC website. PayU will now be available as a payment option under the Multiple Payment Services (MPS) Multiple Payment Services (MPS) option on the IRCTC website at the payment stage of booking an e- ticket. Clicking on this option will enable users to make a safe and secure transaction via various payment options like internet banking, debit/credit card and e-wallet. Useful Info Useful Info Union Minister for Railways – Piyush Goyal Constituency – Rajya Sabha, Maharashtra Bharti Airtel Bharti Airtel and and SK Telecom of Korea SK Telecom of Korea have announced a strategic partnership have announced a strategic partnership • Telecom services provider, Bharti Airtel Telecom services provider, Bharti Airtel and SK Telecom of Korea SK Telecom of Korea have announced a strategic partnership under which Airtel will leverage the latter's expertise to build advanced telecom network in India. SK Telecom is Korea’s largest telecommunications company with more than 29 million mobile subscribers, which accounts for around 50 percent of the total market. The two companies will also collaborate on an ongoing basis to evolve standards for 5G and Network Functions Virtualisation (NFV) and Network Functions Virtualisation (NFV). Useful Info Useful Info Bharti Airtel is Headquartered in New Delhi. Gopal Vittal is the MD & CEO (India and South Asia) of Bharti Airtel Hongkong and Shanghai Banking Corporation (HSBC)Ties Hongkong and Shanghai Banking Corporation (HSBC)Ties- -up With Sa up With Sa- -Dhan • Hongkong and Shanghai Banking Corporation (HSBC) Hongkong and Shanghai Banking Corporation (HSBC) has entered into an agreement with microfinance industry association Sa association Sa- -Dhan Dhan to develop digital ecosystem for India's unbanked segment. The bank will provide technical expertise to train and educate microfinance consumers at the grassroots level and introduce digital banking to promote easier and time-efficient financial transaction among the so-called bottom-of-the-pyramid customer. MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy, Gorki, IRCTC to provide users a safe and 5G Dhan microfinance industry www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 48
Monthly GK and Current Affairs Capsule–September 2017 Useful Info Useful Info HSBC - Hongkong and Shanghai Banking Corporation Headquarters of HSBC – London Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) has signed an MoU • Corporate Affairs Ministry and Central Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) Board of Direct Taxes (CBDT) has signed an MoU for automatic and regular exchange of information exchange of information to curb the menace of shell companies, money laundering and black money in the country. The MoU will enable sharing of specific information such as PAN number data in respect of corporates, Income Tax returns of corporates, financial statements filed with the Registrar by corporates, audit reports, and statements of financial transactions received from banks relating to corporates. Useful Info Useful Info Union Minister for corporate affairs – Arun Jaitley Constituency – Gujarat, Rajya Sabha Sushil Chandra is the Chairman of CBDT Force Motors, Rolls Force Motors, Rolls- -Royce Power Tie up Royce Power Tie up • Pune Pune- -based auto firm Force Motors Ltd based auto firm Force Motors Ltd has entered into a non Power Systems Power Systems AG to produce engines for power generation and rail application and complete power generation systems, including spare parts, for Indian and global markets. The joint venture with Rolls-Royce will be the company’s first step towards diversifying into the non-auto segment. In the joint venture, Force Motors will hold a 51% stake and Rolls-Royce the rest. Useful Info Useful Info Rolls-Royce is a luxury car and aero engine manufacturing company that headquarters in United Kingdom. Country – United Kingdom Capital – London Currency – Pound Sterling India India signed a loan deal signed a loan deal worth $76 million with Japan worth $76 million with Japan • The Government of India The Government of India signed a loan deal worth $76 million with Japan International Cooperation Agency worth $76 million with Japan International Cooperation Agency (JICA) (JICA) for a project to upgrade the environment management plan to upgrade the environment management plan at Alang-Sosiya ship recycling yards. The total cost of the project will be $ 111 million, out of which $76 million will be provided as a soft loan from JICA. $76 million will be provided as a soft loan from JICA. Out of the remaining amount, $25 million as taxes and fees will be borne by Government of Gujarat and the balance $10 million will be shared by Ministry of Shipping & Government of Gujarat. The project will be executed by Gujarat Maritime Board (GMB) (GMB) and is likely to be completed by 2022. Useful Info Useful Info Country – Japan Capital – Tokyo Currency – Japanese Yen India and Japan India and Japan signed an Open Sky agreement to operate signed an Open Sky agreement to operate unlimited number of flights between the two countries unlimited number of flights between the two countries • India and Japan India and Japan signed an agreement that will allow their airlines to operate unlimited number of two countries two countries. It opens skies between India and Japan ie. Indian and Japanese carriers can mount now unlimited number of flights to the selected cities of each other's countries. The National Civil Aviation Policy, 2016, allows the has signed an MoU or automatic and regular non- -binding joint venture agreement with binding joint venture agreement with Rolls Rolls- -Royce Royce Gujarat Maritime Board unlimited number of flights between the flights between the www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 49
Monthly GK and Current Affairs Capsule–September 2017 government to enter into an 'open sky' air services agreement on a reciprocal basis with SAARC nations as well as countries beyond a 5,000 kilometre radius from New Delhi. Useful Info Useful Info Country – Japan Capital – Tokyo Currency – Japanese Yen Amazon Ties up With Bank of Baroda To Offer Micro Amazon Ties up With Bank of Baroda To Offer Micro- -Loans To Sellers Loans To Sellers • Amazon has tied up with Bank of Baroda for the loans, which can go up to Rs. 25 lakh for the loans, which can go up to Rs. 25 lakh. The Indian arm of the US e- commerce giant, Amazon plans to provide unsecured micro-loans, as low as 1 lakh, at interest rates as low as 10.45- 11 per cent at a short span of 3-5 days. With the Bank of Baroda tie-up, the company wants to cater to every strata of sellers. Useful Info Useful Info Amazon HQ – Seattle, Washington, United States Bank of Baroda HQ – Vadodara Tagline of Bank of Baroda – India’s International Bank Ola Ties Up With Karnataka Tourism Dept Ola Ties Up With Karnataka Tourism Dept • In line with United Nations’ theme for this year’s World Tourism Day, cab aggregator Ola campaign in the state. The campaign is being carried out in association with Karnataka State Corporation to promote and raise awareness about responsible tourism named “GhoomoResponsibly” BT Minister Priyank M. Kharge flagged off this campaign in Bangalore. Useful Info Useful Info State – Karnataka Capital – Bengaluru CM – Siddaramaiah Governor – Vajubhai Rudabhai Vala CEO of Ola - Bhavish Aggarwal Tata Steel, Thyssenkrupp Sign MoU for European Steel JV Tata Steel, Thyssenkrupp Sign MoU for European Steel JV • Tata Steel and Thyssenkrupp of Germany Tata Steel and Thyssenkrupp of Germany have signed a Memorandum of Understanding (MoU) in a deal that is poised to create one of Europe's largest steel companies. The two partners have been in merger talks for more than a year.They will form a 50:50 joint venture to create a powerful No. 2 in the European steel market. The merger will lead to substantial cost savings for both steel players. Useful Info Useful Info NatarajanChandrasekaran is the Chairman of Tata Steel. Dr. Heinrich Hiesinger is the CEO of Thyssenkrupp. Britain and Saudi Arabia Sign Military Cooperation Deal Britain and Saudi Arabia Sign Military Cooperation Deal • Saudi Arabia and Britain Saudi Arabia and Britain signed a framework deal for military cooperation. The agreement came after Saudi Crown Prince Mohammed bin Salman Prince Mohammed bin Salman discussed security ties with visiting British Defence Secret Sea port city of Jeddah. The agreement comes as Britain seeks to explore lucrative trade deals outside Europe, including energy-rich Gulf monarchies, after voting to leave the European Union. cab aggregator Ola kicked off a tourism Karnataka State Tourism Development “GhoomoResponsibly”. Tourism and IT- Saudi Crown Defence Secretary Michael Fallon ary Michael Fallon in the Red www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com 50