7 1 3 6 & - vetrii ias academy | best ias coaching centre in … · · 2017-10-26243 cauvery...

TNPSC

AUGUST-2017 (English)September 2017 - (English)

Vetrii IAS Study Circle

(cURRENT aFFaIRS)

June - 2017

Main Office atVetrii IAS Study Circle

New No.1, 9th Street, F Block, 1st Avenue, Chinthamani, Anna Nagar (E),Chennai - 600 102

- 044-26265326 - 9600124042 / 9840097666

Vetrii IAS Study CircleNo.189/1, Meyanoor Road,

Near ARRS Multiplex,Opp. Venkateshwara Complex, Salem - 4 0427-2330307 / 9442740307

Vetrii IAS Study Circle243 Cauvery Nagar,

Opp. New Housing Unit,Thanjavur - 05. 7871169099

Vetrii IAS Study Circle15/1, Kahiresan Kovil Road,

AEO Office Upstairs,Kovilpatti - 628502 9003790335

www.vetriias.com

Our Branches

TNPSC

JULY 2017September 2017

Published by

VETRII IAS STUDY CIRCLE

F Block New No. 1, 9th Street,

1st Avenue main Road, Chinthamani,

Anna Nagar (E), Chennai – 102.

Phone: 044 – 26265326 / 9600124042 / 9840097666

www.vetriias.com

E-mail: [email protected], [email protected]

© All rights reserved with the publisher. No part of this publication may be reproduced,

stored in a retrieval system, or transmitted in any form or by any means, electronic,

mechanical, photocopying, recording or otherwise without the written permission of the

publisher, will be responsible for the loss and may be punished for compensation under

copyright act.

My Dear Aspirants,

Greetings to all of you! “What we think we become” said Gautama Buddha. We all have dreams. To turn

dreams into reality it takes a lot of determination, dedication, self discipline and hard work.

We at VETRII IAS Study Circle are committed to provide the right guidance, quality coaching and help

every aspirant to achieve his or her life’s cherished goal of becoming a civil servant.

The class room coaching at VETRII IAS Study Circle is meticulously planned to equip the aspirants with

all the relevant facts and fundamentals of the subjects. Further the VETRII IAS Study Circle Study

material aim to support the candidate by providing the most relevant study material in a

comprehensive manner.

Wishing You All The Very Best !!

M. SHUNMUGAM

DIRECTOR

Vetrii IAS Study Circle.

TNPSC CURRENT AFFAIRS IRCL Sept 2017

9600124042/ 9840097666

CONTENT

SL. NO TITLE PAGE NO

1. Important Days 1-2

2. National Affairs 3 – 9

3. State Affairs 10 - 19

4. International 20 - 31

5. Schemes 32 - 35

6. Economy 36 - 41

7. Awards & Honours 42 - 47

8. Science & Technology 48 - 49

9. Sports 50 - 54

10. Personalities 55 - 58

11. Defence 59 - 62

12. General Knowledge 63 - 68

13. Summit 69 - 72

14. Important Index 73

15. Appointment 74 - 77

TNPSC CURRENT AFFAIRS I Sept 2017

9600124042/ 9840097666 Page 1

IMPORTANT DAYS

NATIONAL NUTRITION WEEK

Observed on 1st week of September

Theme: “Optimal Infant & Young Child Feeding Practices: Better Child Health“.

SEPTEMBER 5th - NATIONAL TEACHERS DAY

In India, National Teachers Day is celebrated on September 5th to honor Dr.

Sarvepalli Radhakrishnan Birthday.

SEPTEMBER 5th - INTERNATIONAL DAY OF CHARITY

It was Designated by: United Nations General Assembly

First observed in : 2013

SEPTEMBER 8th - INTERNATIONAL LITERACY DAY

It was Designated by UNESCO

First observed in 1966

Theme: Literacy in a Digital World

SEPTEMBER 15th - INTERNATIONAL DAY OF DEMOCRACY

It was Designated by UN General Assembly


Theme: Democracy and Conflict Prevention

NOTE:

Dr. Sarvepalli Radhakrishnan a great scholar, philosopher, and teacher of

modern India and was awarded the Bharat Ratna in 1954.

He became the first Vice President of India (from 1952 to 1962) and the second

President of India (from 1962 to 1967).

Objective:

To intensify awareness generation on the importance of nutrition for health which has an overall impact on development, productivity, economic growth and ultimately National development.


9600124042/ 9840097666 Page 2

SEPTEMBER 15th - ENGINEER'S DAY

The Indian nation celebrates Engineer's Day to mark the 156th birth anniversary

of Sir Mokshagundam Visvesvarayya,

He will mark the 49th anniversary of the Engineers Day in India.

SEPTEMBER 16th - INTERNATIONAL DAY FOR PRESERVATION OF

OZONE LAYER

It was Designated by: UN General Assembly


Theme: Caring for all life under the sun

SEPTEMBER 21st - INTERNATIONAL DAY OF PEACE

It was Designated by: UN General Assembly


Theme: Together for Peace: Respect, Safety and Dignity for All

SEPTEMBER 27th - WORLD TOURISM DAY

It was designated by United Nation World Tourism Organisation

First observed in 1980.

Theme 'Sustainable Tourism – a Tool for Development'.

SEPTEMBER 28th - WORLD RABIES DAY

Theme is 'Rabies: Zero by 30'.

This day also marks the anniversary of Louis Pasteur's death, the French

chemist, and microbiologist, who developed the first rabies vaccine.


9600124042/ 9840097666 Page 3

NATIONAL AFFAIRS

PRIME MINISTER TO ADDRESS STUDENTS IN NEW DELHI

Prime Minister Narendra Modi will address

Students' Convention in New Delhi on the

theme of „Young India, New India' to mark

the 125th anniversary of Swami

Vivekananda's Chicago address and BJP

ideologue Deendayal Upadhyaya's centenary

celebrations.

CORPORATE AFFAIRS MINISTRY SIGNED AGREEMENT WITH CBDT

Corporate Affairs Ministry and Central

Board of Direct Taxes (CBDT) signed a

Memorandum of understanding (MoU) for

automatic and regular exchange of

information to curb the menace of shell

companies, money laundering and black

money in the country.

UNION GOVERNMENT ANNOUNCES TO PROVIDE WI-FI TO GRAM

PANCHAYATS

The Union Government planned to Rs 3,700-crore plan in an attempt to cover

nearly 5.5 lakh villages with Wi-Fi facility by March 2019.

The government expects to start broadband services with about 1,000 megabits

per second (1 Gbps) across 1 lakh Gram Panchayats by the end of this year.

NOTE:

The MoU enables 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

NOTE:

Earlier, the plan was to provide 100 megabits per second connectivity to village

panchayats, but under the new BharatNet, the broadband speed has been

enhanced 10 times to 1 gigabit per second at every panchayat level.


9600124042/ 9840097666 Page 4

NITI AAYOG LAUNCHES NATIONAL NUTRITION STRATEGY

The National Institution for Transforming India also called NITI Aayog launched

the National Nutrition Strategy aimed at Kuposhan Mukt Bharat.

It intends at bringing nutrition to the center-stage of the National Development

Agenda.

PRIME MINISTER NARENDRA MODI FORMS EAC

Prime Minister Narendra Modi reconstituted the Economic Advisory Council

(EAC) to guide him on economic issues and appointed economist Bibek Debroy

as its chairman.

Debroy is a member of government think tank Niti Aayog.

The four other part-time EAC members are Surjit Bhalla, Rathin Roy, Ashima

Goyal and Ratan Watal.

PRIME MINISTER DEDICATES SARDAR SAROVAR DAM TO NATION

Prime Minister Narendra Modi dedicated

interstate multi-purpose Sardar Sarovar

Dam(Narmada dam project) at Kevadia,

Gujarat to the nation.

It is the highest dam ever built in India and

second biggest concrete gravity dam in the

NOTE:

Economic Advisory Council to PM:

The EAC-PM is an independent body which provides advice on economic issues

to the government, specifically to the Prime Minister.

It consists of economists of high repute and eminence.

Terms of reference of EAC

EAC will analyse any issue, economic or otherwise, referred to it by prime

minister and advising him thereon.

It will also address issues of macroeconomic importance and present its views to

the prime minister.

It advise can be either suo-motu or on reference from prime minister or anyone

else.

It can also attend any other task as may be desired by prime minister from time

to time.

NOTE:

It enables states to make strategic choices, through decentralized planning and

local innovation, with accountability for nutrition outcomes.


9600124042/ 9840097666 Page 5

world in terms of volume after Grand Coulee Dam in the USA.

The dam length of 1.2 km and depth of 163 metres.

Its height was recently raised to 138.68 metres, enabling usable water storage of

4.73 million.

PM RELEASES POSTAGE STAMP ON LORD RAM

IN VARANSI

Prime Minister Narendra Modi released a postage

stamp on different aspects of Lord Ram's life at the

historic Tulsi Manas Mandir Varanasi.

PM NARENDRA MODI AND JAPANESE PM SHINZO ABE JOINTLY LAY

FOUNDATION STONE FOR BULLET TRAIN

Prime Minister Narendra Modi and his

Japanese counterpart Shinzo Abe jointly

laid the foundation stone for the high-

speed bullet train project between

Ahmedabad and Mumbai.

The train will cover a distance of over 500

km in around two hours.

The project is expected to be completed

by 2022.

PRESIDENT RAM NATH KOVIND TO LAUNCH NATION WIDE

CAMPAIGN SWACCHATA HI SEWA FROM KANPUR

President Ram Nath Kovind will launch a nation wide campaign Swacchata Hi

Sewa from Kanpur in Uttar Pradesh.

He will administer nation-wide Swachhta Hi Seva pledge initiating parallel action

in all the two lakh 50 thousand plus Gram Panchayats and cities in India.

NOTE:

The Tulsi Manas temple holds great historical and cultural importance in

Hinduism as it is believed that Hindu epic Ramcharitmanas was originally

written by poet-saint Goswami Tulsidas in Varanasi.

NOTE:

They laid the foundation stone for the dedicated High-Speed Rail Training

Institute for the Ahmedabad-Mumbai bullet train to be established inside the

existing campus for the National Academy of Indian Railways at Vadodara


9600124042/ 9840097666 Page 6

PRIME MINISTER TO LAUNCH 'POWER FOR ALL' SCHEME

Prime Minister Narendra Modi launches 'Power for all' scheme to mark the birth

anniversary of Pandit Deendayal Upadhyaya.

The scheme is expected to cover all rural families after expected electrification of

all villages by December end this year.

He inaugurates Oil and Natural Gas Corporation Limited (ONGC) new corporate

office that was renamed Pandit Deendayal Upadhyaya Urja Bhawan from Rajiv

Gandhi Urja Bhawan.

The green-building built at a cost of Rs. 600 crore was completed a year ago.

VICE PRESIDENT TO LAY THE FOUNDATION STONE FOR SKILL

DEVELOPMENT INSTITUTE

Vice President M Venkaiah Naidu lay

the foundation stone for New Regional

Vocational Training Centre for

Women in Hyderabad

On this occasion, Skill Development

Minister Dharmendra Pradhan will

also mark his presence.

The professional Institute will provide

training to 480 students.

The short term courses will be introduced for better employment opportunities.

NATIONAL PENSION SCHEME UPPER

AGE LIMIT RAISED TO 65

The Pension Fund Regulatory and

Development Authority

(PFRDA) announced that the upper

age limit for joining the National

Pension Scheme (NPS) had been raised

to 65 years, from the current 60.

It is currently open for people between 18 and 60, and the Board has approved

raising the age limit for joining to 65.

NOTE :

The objective of the campaign is to mobilize people and reinforce the public

movement for sanitation to contribute to Mahatma Gandhi‟s dream of a Clean

India.

Delhi Lt. Governor Anil Baijal will launch program campaign at Connaught

Place.

Vice President M Venkaiah Naidu is scheduled to visit a village in Karnataka for

Cleanliness Program.


9600124042/ 9840097666 Page 7

This aims to open up pensions to sectors without pensions.

CBDT SIGNS FOUR ADVANCE PRICING AGREEMENT

The Central Board of Direct Taxes (CBDT) entered into four more Advance

Pricing Agreements (APAs), pertaining to sectors like telecom,

banking, manufacturing and education in August 2017.

CIPAM-DIPP LAUNCHES SOCIAL MEDIA CAMPAIGN TO PROMOTE

GEOGRAPHICAL INDICATIONS

The Cell for IPR Promotions &

Management (CIPAM) under

the aegis of Department of

Industrial Policy and Promotion

(DIPP), Ministry of Commerce

and Industry launched a social

media campaign to promote

Indian Geographical Indications

(GIs) with #LetsTalkIP an

ongoing movement initiated by CIPAM to make more people aware about the

importance of Intellectual Property Rights.

VNL SIGNS PACT WITH BSNL FOR DISASTER MANAGEMENT

Telecom equipment and solutions provider VNL signed a MoU with BSNL to

provide solutions for disaster management.

NOTE:

Currently, only 15-16% of employees in India are covered by pensions because around 85% of the workforce is in the unorganized sector.

NOTE:

The bilateral APA was for international transactions between an Indian company and UK-based company.

The scheme of CBDT aims to provide certainty to taxpayers in the domain of transfer pricing by specifying methods of pricing.

NOTE

It is a sign used on products that have a specific geographical origin and possess

qualities or a reputation that are due to that origin.

The promotion of GIs is in line with the Government‟s „Make in India‟ campaign.

It‟s an area of strength and optimism for India, whereby the GI tag accorded

protection to a number of hand-made and manufactured products, especially in

the informal sector.


9600124042/ 9840097666 Page 8

The 'Relief 123' service will restore connectivity at disaster sites, help locate the

affected and integrate information across platforms to enable informed decision-

making for quick relief.

It is service which is an integrated disaster response solution for first responders

and public safety agencies.

UNION HEALTH MINISTRY LAUNCHED TWO NEW CONTRACEPTIVES

ANTARA AND CHHAYA

An injectable contraceptive MPA under

the „Antara‟ program and a contraceptive

pill „Chhaya‟ in the public health system to

expand the basket of contraceptive choices

for couples.

These contraceptives have been launched in

10 states including Delhi, Maharashtra, Uttar Pradesh, Madhya Pradesh,

Rajasthan, Karnataka, Haryana, West Bengal, Odisha, and Goa.

ANNUAL CONFERENCE 'RAJASWA GYAN SANGAM'

Prime Minister Narendra Modi inaugurate the annual conference Rajaswa Gyan

Sangam, 2017 in New Delhi.

PRAKRITI KHOJ‟ AN ENVIRONMENT QUIZ ON TEACHERS‟ DAY

The Union Environment Ministry launched an online environmental quiz

competition named Prakriti Khoj will be conducted at the national level.

The main objective of the quiz is to generate interest among school children about

the science related to the environment. The initiative is to motivate children

towards environment conservation-oriented lifestyles.

IN MADHYA PRADESH, SWINE FLU KILLS 87 IN 83 DAYS

As per the statement of Health Department Director K.L. Sahu, the death toll due

to swine flu in Madhya Pradesh stands at 87 in 83 days (from July 1 to September

21.

529 persons were found to be suffering from the H1N1 virus in the given period.

Objective:

To enable a two-way communication between the policy-makers and the senior

officers in the field offices with a view to increase revenue collection and facilitate

effective implementation of law and policies in key result areas.


9600124042/ 9840097666 Page 9

WETLAND (CONSERVATION AND MANAGEMENT) RULES 2017

Ministry of Environment, Forests and Climate Change (MoEFCC) has notified new

Wetland (Conservation and Management) Rules 2017 to prohibit range of activities

in wetlands.

The new rules will replace earlier rules notified in 2010.

What are Wetlands?

Wetland is transitional land between terrestrial and aquatic eco-systems where

water table is usually at or near surface or it may be land covered by shallow

water.

It supports rich biodiversity and provides wide range of ecosystem services such

as water storage, water purification, flood mitigation, erosion control, aquifer

recharge etc.

There are 115 wetlands officially identified by Central Government and of those 26

are identified as wetlands of international importance under Ramsar Convention

(an international intergovernmental treaty for conservation of wetlands to which

India is party).

PROJECT SNOW LEOPARD

Snow Leopard is globally endangered species as well as the most important

flagship species of the mountain region

Project aims to conserve biodiversity with community participation

The project will be operational in five Himalayan States viz. Jammu & Kashmir,

Himachal Pradesh, Uttarakhand, Sikkim, and Arunachal Pradesh with active

support from wildlife institute of India and the Mysore based Nature

Conservation Foundation.

Species such as Snow Leopard, Asiatic Ibex, Tibetan Argali, Ladakh Urial, Chiru,

Takin, Serow and Musk Deer will particularly benefit from this project.


9600124042/ 9840097666 Page 10

STATE AFFAIRS NETAJI STATUE UNVEILED AT NAVAL BASE IN KOLKATA

An eight feet bronze statue of

Indian freedom struggle

leader Subhas Chandra Bose at

the naval base INS Netaji Subhas

named after the iconic leader.

Netaji's niece in law Krishna

Bose cut the ribbon together with

Eastern Naval Command chief,

Vice Admiral H.C.S. Bisht to

unveil the statue.

PRESIDENT TO VISIT GUJARAT TO LAUNCH PROJECTS

President Ram Nath Kovind visit Jasdan town of Rajkot district on September 4

to launch some projects and attend various programs.

This is for the first time when our country‟s president is coming to Rajkot to

attend a government program.

He will lay the foundation stone for the second phase of work for the link-4 of

the SAUNI project at a place near the temple.

MAHARASHTRA GOVERNMENT SIGNS MOU WITH SOUTH KOREA

The Maharashtra government signed a MoU with South Korea for increased co-

operation in infrastructure projects like development of smart cities, roads,

airports, and metros on the first day of Chief Minister Devendra Fadnavis‟ visit to

that country.

KARNATAKA GOVERNMENT LAUNCHES VISION-2025 PROJECT

Karnataka Government to launch The Nava Karnataka 2025 or Vision 2025 was

launched on Monday, for charting out a development roadmap for the next seven

years.

AIM: eliminating hunger, creating employment or decreasing malnutrition among

children.

NOTE:

Fadnavis embarked on a three-day tour to South Korea and Singapore


9600124042/ 9840097666 Page 11

600 KG CHOCOLATE USED TO MAKE 6-FT DURGA IDOL IN KOLKATA

A hotel in Kolkata displayed a 6-

feet tall Durga idol made from

around 600 kilograms of

chocolate.

Three persons, under the guidance

of pastry chef Sunil, worked eight

hours a day and completed the

idol within a week. (56 hours)

The idol will be on display till

September 29, the day of Mahanavami.

“HUNAR HAAT” IN PUDUCHERRY

Union Minister for Minority Affairs Shri Mukhtar Abbas Naqvi is working to

establish “Hunar Hub” across the country to provide a platform to master artisans

and craftsmen to display as well sell their products.

They prepared an E-Portal to provide national as well as international markers to

artisans and craftsmen from across the country.

TRIPURA IS THE FIRST STATE TO SET UP FAMILY WELFARE

COMMITTEES

Tripura becomes the first state in the country

to set up family welfare district committees

to examine the complaints of women

against their husbands and in-laws and find

an amicable solution.

Tripura High Court is the first high court

among 24 high courts of the country that has

constituted the family welfare district

committees.

NOTE:

A data bank of artisans and craftsmen will be prepared by this year-end,

thousands of artisans from various parts of the country have already been

registered.

NOTE:

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.


9600124042/ 9840097666 Page 12

INDIAS FIRST ELECTRIC BUS SERVICE LAUNCHED IN HIMACHAL

PRADESH ROHTANG PASS

Himachal Pradeshbecame the first state in

India to introduce electric buses.

The Transport Minister GS Bali flagged off

India's first electric bus on the 51 kms

long Manali-Rohtang Pass.

With this initiative Himachal becomes first

in the world to ply electric buses at an

altitude of 13 thousand feet.

KARNATAKA IS THE FIRST INDIAN STATE TO APPROVE E-VEHICLE

POLICY

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.

ODISHA TO SET UP THE FIRST ODIA LANGUAGE UNIVERSITY

The Odisha government passed a bill to

launch the first-ever Odia language

university for post-graduation

in literature and linguistics among other

subjects.

The university which will be established in

Bhubaneswar

It mainly aims at making Odia script more adaptable to computer technology.

NOTE:

It would also administer PG courses in literary criticism, the evolution of East

Indian language scripts, historical scripts, archaeology, musicology and

translation into and from Odia.


9600124042/ 9840097666 Page 13

ZSI RELEASES FIRST COMPENDIUM OF ANIMAL SPECIES IN INDIAN

SUNDARBANS

Zoological Survey of India (ZSI)

published first of its kind compendium

titled Fauna of Sundarban Biosphere

Reserve in Indian Sundarbans.

It is part of United Nations Educational,

Scientific and Cultural Organization

(UNESCO) World Heritage site.

It forms part of Ganga-Brahmaputra delta

across 9,630 sq. km, distributed among 104 islands.

It has largest tidal halophytic mangrove forest in the world.

INDIA'S FIRST CENTRE FOR ANIMAL LAW SET UP AT HYDERABAD

India's first Centre for Animal

Law established at the city-

based NALSAR University of

Law.

Union Minister for Women and

Child Development Maneka

Gandhi inaugurated the centre

according to a release issued

by Humane Society International

(HSI).

The Centre will create curriculum on animal welfare laws, including developing

topics for research.

NOTE:

ZSI is India‟s apex organization on animal taxonomy. It was established in 1916.

Its main objective is to promote the survey, exploration, research, and

documentation on various aspects of animal taxonomy in the Indian

subcontinent.

NOTE:

It will also conduct workshops on animal laws and animal welfare issues with

judicial magistrates, animal welfare advocates, law enforcement agencies and

other stakeholders in the government.


9600124042/ 9840097666 Page 14

NEW UNDERGROUND WATER TREATMENT PLANT IN AGARTALA

In Tripura, a new underground

water treatment plant

commissioned at Sadhutilla in the

southern part of Agartala.

TWO HYDRO-ELECTRIC PROJECTS IN ARUNACHAL PRADESH TO BE

COMMISSIONED IN 2018‟

The North Eastern Electric Power

Corporation (NEEPCO) its two hydro-

electric projects in Arunachal Pradesh

600 MW - Kameng Hydro Electric Project

and the 110 MW - Pare Hydro Electric

Project.

KERALA TO OPEN INDIA'S FIRST TRANSGENDER-EXCLUSIVE CLINICS

Kerala opens India's first transgender-

exclusive clinics at government medical

colleges across the state.

They are planning to open Transgender

Clinics in all government medical

colleges in the state.

We also plan to provide facilities for their

surgery at least in two medical colleges.

The first clinic will be set up at the government medical college of Kottayam

within the next two months and will be one of the first clinics to provide the sex-

change surgery.

NOTE:

The treatment capacity of 4 point 8 million litre per day.

It has two Over Head Storage Reservoirs with capacities of 1,130 Kilo Liter

and 450 Kilo Liter.


9600124042/ 9840097666 Page 15

FIRST WATER ATM INAUGURATED AT NALGONDA X ROADS

Telangana State Home Minister

Naini Narasimha Reddy has

inaugurated „Any Time Water‟

kiosk, known as water

ATM near Nalgonda X Roads

which is joint initiative of Safe

Water Network, an international

NGO and Greater Hyderabad

Municipal Corporation (GHMC).

Purified water will be made

available at a payment of ` 2 per litre and ` 20 per 20 litres of water.

INDIA‟S FIRST HYPERLOOP TO COME UP IN ANDHRA PRADESH

India‟s first Hyperloop project will come up in

Andhra Pradesh connecting its city

centres, Vijayawada and Amaravati.

Andhra Pradesh Economic Development Board

(APEDB) inked a memorandum of

understanding with Hyperloop Transportation

Technologies (HTT) for developing the project.

YOGI ADITYANATH AND RAJNATH SINGH FLAGGED-OFF LUCKNOW

METRO

Uttar Pradesh Chief Minister Yogi Adityanath and

Union Home Minister Rajnath Singh flagged off

the first run of the Lucknow Metro from the

Transport Nagar Metro Station in Lucknow.

NOTE:

A total of 200 ATMs will be set up to reach a targetted 150,000 people. In the first

phase 50 water ATMs will be operationalised by 2018.

NOTE:

Hyperloop Technology is brainchild idea of technology entrepreneur Elon Musk

who dubs it as the fifth mode of transportation.

It is a system of magnetically levitating capsules (pods) that are sent at high

speeds through low-pressure tubes.

NOTE:

CM of Uttar Pradesh dedicated the Lucknow Metro Train Service to Atal Bihari Vajpayee, the former Prime Minister of India


9600124042/ 9840097666 Page 16

GURUGRAM METRO STATIONS TO GET 1,000 NEW E-RICKSHAWS

The Delhi Metro Rail Corporation (DMRC) in

collaboration with Smart-E company will

launch 1,000 e-rickshaws at five metro stations

across the city.

The launch of 1,000 e-rickshaws in exclusive

partnership with DMRC is an important step

towards making last-mile commute easy, safe,

affordable and eco-friendly for the citizens.

AHMEDABAD GETS INDIA'S FIRST WORLD HERITAGE CITY

Ahmedabad in Gujarat formally accorded

the status of India's first World Heritage

City with United Nations Educational,

Scientific and Cultural Organization

(UNESCO) Director General Irina Bokova

handing over the certificate in this regard

to Chief Minister Vijay Rupani.

Ahmedabad was selected out of 250 cities

in the race for the coveted status.

J&K GOVERNMENT TO INTRODUCE 'ELECTRIC BUSES' IN SRINAGAR

The Jammu and Kashmir Government introduces

the electric buses for two cities of Srinagar and

Jammu under the Atal Mission for Rejuvenation

and Urban Transformation (AMRUT) scheme.

It is done with an aim to curb pollution in these

two cities which were recently declared „smart

cities‟.

AADHAAR CARD IS NOW MANDATORY FOR ENTRY INTO PUBS IN

HYDERABAD

The Telangana government has made it mandatory for Aadhaar cards to be shown

as identification proof by Hyderabad residents to gain entry to pubs. Those

below 21 years of age will not be allowed to enter the pubs.

NOTE:

India is second after China in terms of a number of world heritage properties

in ASPAC (Asia and Pacific) region, and overall seventh in the world.


9600124042/ 9840097666 Page 17

KANDLA PORT RENAMED AS DEENDAYAL PORT

The Kandla Port one of the top 12 major ports in the country renamed as

Deendayal Port in the name of Hindutva icon Pandit Deendayal Upadhyay.

HARYANA TO CREATE WIFI ZONE IN ALL 6,078 GRAM PANCHAYATS

The Haryana council of ministers on

Wednesday decided to create one Wi-Fi zone in

all 6,078-gram panchayats within two years and

provide 4G services in every village in the next

three years.

Under the Haryana Information Technology

(IT) and Electronic System Design and

Manufacturing (ESDM) Policy-2017 approved by the cabinet.

ASSAM GOVT SIGNS MOU WITH GOOGLE

Assam Government signed a Memorandum of Understanding (MoU) with Google

India, to provide Internet connection to 26,000 villages and 1,500 tea garden

areas in Assam to increase digital literacy.

ASSAM SKILL CITY TO HAVE 10,000 TRAINING SEATS MAY TAKE 4-5

YEARS TO GET FUNCTIONAL

The Assam State government to launch well-

equipped cities with the capacity of 10000 seats in

the state.

A Singapore based premier institute will support

the state government for further development.

A temporary complex with 400 capacity is being

set up in Guwahati.

NOTE:

A murder investigation of 17-year-old girl forced the excise department to

implement such step.

NOTE:

The port‟s journey began in 1931 with the construction of a jetty by Maharao

Khengarji.

It became the number one port in India and created history by handling 100

million tonnes cargo in a year.


9600124042/ 9840097666 Page 18

INTERNATIONAL YOGA FESTIVAL STARTS IN KASHMIR

Jammu and Kashmir governor N N

Vohra inaugurated the

second International Yoga Festival and

International 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

MAHA MISSION 1 MILLION

Maharashtra Chief Minister Devendra Fadnavis launched the 'Maharashtra

Mission 1 Million' initiative under which over 10 lakh students across the state

will play football.

It is the first time in the country and Maharashtra to support was decided by

Tawde.

MA NARMADA MAHOTSAV YATRA

Gujarat‟s Chief Minister Vijay Rupani flagged off the „Ma Narmada Mahotsav

Yatra‟ from Surendranagar which will cover 24 districts, 7 cities & over 7200 villages.

NOTE: Around 30 thousand former militants will be given skill development training

and cease-fire camps where they are residing now will be made production centers.

NOTE:

The entire Maharashtra becomes Pro football the Mission will not only create football players and lovers of the game but will also help in overall development of the state.

Under the initiative, the state government aims to ensure that children come out in open spaces and play.

NOTE:

Notably, the two weeks long „Ma Narmada Mahotsav Yatra‟ is being celebrated after the completion of Sardar Sarovar Dam on the Narmada river.

The dam finally completed fifty-six years after the foundation stone laid by the state government on June 17 got permission from the Narmada Control Authority to close all the 30 gates of the dam, raising its height to 138.68 meters.

Prime Minister Jawaharlal Nehru laid the foundation stone for the dam in the year 1961.


9600124042/ 9840097666 Page 19

NAGALAND TO IMPLEMENT DBT UNDER MGNREGA

Nagaland starts implementing Direct Benefit Transfer (DBT) under Mahatma

Gandhi National Rural Employment Guarantee Act (MGNREGA) beginning from

the current financial year.

Presently, 46,894 active MGNREGA workers have opened their bank accounts

linked with Aadhar and are ready for DBT.

A total of 1.79 lakh MGNREGA workers have been verified with Aadhar and

being processed for an opening bank account.

Currently, there is 4.25 lakh active job cards with 5.82 lakh active MGNREGA

workers in the state.

BIODIVERSITY-RICH UNINHABITED PARALI I ISLAND OF

LAKSHADWEEP VANISHED

R M Hidayathulla in his research work

stated that "Parali I" island, part of

Bangaram atoll, which was 0.032 sq. km in

1968 has been vanished, during 1968-2003

period due to coastal erosion.

Hidayathulla was awarded PhD in July

2017 by Calicut University in Kerala for

his work "Studies on Coastal Erosion in

Selected Uninhabited Islands of Lakshadweep Archipelago with Special Reference

to Biodiversity Conservation."

Also, Erosion was higher in the other islands, such as:

Parali II – 80 % Thinnakara – 14.38 %

Parali III – 11.42 % Bangaram – 9.968

SHORT NEWS

Uttar Pradesh government will release 100 inmates from various jails of the state to

mark the birth centenary of Pt. Deendayal Upadhyaya.


9600124042/ 9840097666 Page 20

INTERNATIONAL

INDIA & WORLD

INDIA DESPATCHES FIRST DIESEL CONSIGNMENT TO MYANMAR

India and Myanmar, the first

consignment of 30 MT of High-

Speed Diesel sent from India to

Myanmar by land route.

Numaligarh Refinery Limited

(NRL), which has been supplying

HSD to Bangladesh, despatched the

first diesel consignment through

NH 37 across the Moreh Custom

Check Point on the Indian side and

Tamu Custom Check Point on the Myanmar side.

It is to enhance hydrocarbon synergy with neighboring countries as well as

promoting India‟s Act East Policy.

INDIA, MYANMAR SIGN ELEVEN MOUS IN A RANGE OF SECTORS

The 11 MoUs also includes one

between the Election Commission

and Union Election of Myanmar,

the national level electoral

commission of Myanmar.

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

MoU between the Central Drugs Standard Control Organization (CDSCO),

Ministry Of Health and Family Welfare of the Republic of India and Food and

Drugs (FDA), Ministry of Health and Sports of Myanmar on Cooperation in

Medical Products Regulation.

NOTE:

It already exported 1700 MT of Paraffin wax to Myanmar


9600124042/ 9840097666 Page 21

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.

INDIA AND AFGHANISTAN SIGN FOUR PACTS IN AREAS OF HEALTH

AND TRANSPORT

External Affairs Minister Sushma

Swaraj and Foreign Minister of

Afghanistan Salahuddin Rabbani

in New Delhi signed four

agreements recently.

India's commitment to support

Afghanistan as a secure, stable,

united and prosperous nation.

INDIA AND JAPAN TO STEP UP DEFENCE COOPERATION

Defence Minister Arun Jaitley

and his Japanese counterpart

Itsunori Onodera signed the

agreement during India-Japan

annual defence ministerial

dialogue in Tokyo.

The countries agreed to commence

technical discussions for research

collaboration in the areas of

Unmanned Ground Vehicles and Robotics.

NOTE:

India planned to buy the US-2 ShinMaywa aircraft from Japan for its navy.


9600124042/ 9840097666 Page 22

INDIA-JAPAN INK OPEN SKY AGREEMENT

India and Japan agreed to ink open sky arrangement to allow airlines from both

countries to operate an unlimited number of flights.

In this regard, both countries exchanged RoD (Record of Discussions) on civil

aviation cooperation with respect to open sky.

INDIA AND JAPAN INK 15 AGREEMENTS FOR ENHANCING BILATERAL

CO-OPERATION

India and Japan signed 15

agreements for enhancing

bilateral cooperation in several

key areas including investment

promotion, civil aviation, and

science and technology.

The agreements were signed in

the presence of Prime Minister

Narendra Modi and his Japanese

counterpart Shinzo Abe after 12th

annual summit talks in Gandhinagar.

MoU on International Academic and Sports Exchange

MoC in the field of Japanese Language Education in India Exchange of RoD on

Civil Aviation Cooperation.

MOC between Ministry of Home Affairs and Cabinet Office of Japan

India-Japan Investment Promotion Road map between DIPP and METI.

The arrangement between India Post and Japan Post for the Implementation of

Cool EMS service.

MoU between RIS and IDE-JETRO for the promotion of Cooperation in Research

Related Activities.

MOC between METI and Gujarat on „Japan-India special programme for Make In

India‟ in Mandal Bechraj-Khoraj in Gujarat.

India-Japan Act East Forum: To enhance connectivity and promote developmental

projects in North East India in efficient and effective manner.

joint Research Contract India‟s Department of Biotechnology (DBT) and between

National Institute of Advanced Industrial Science & Technology (AIST), Japan.

Agreement for an International joint exchange programme between

interdisciplinary theoretical and mathematical sciences programme, RIKEN and

National Centres for Biological Sciences.

Japan has invested 4.7 billion US dollars in India during 2016-17, 80 percent

higher than last year.

NOTE:

The open sky agreement will be signed in accordance with the National Civil

Aviation Policy (NACP), 2016.


9600124042/ 9840097666 Page 23

INDIA AND SWITZERLAND SIGN TWO MOUS IN THE FIELD OF

RAILWAYS

India and Switzerland have signed two Memorandum of Understandings (MoUs)

for exchanging technical cooperation in the field of Railways.

They were signed after delegation level talks between Prime Minister Narendra

Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi.

INDIA AND CHINA SUBMITTED PROPOSAL TO WTO

India and China jointly submitted a

proposal to World Trade Organisation

(WTO) calling for the elimination of most

trade-distorting farm subsidies by

developed countries.

These farm subsidies are known as

Aggregate Measurement of Support (AMS)

or „Amber Box‟ support.

BELARUS PRESIDENT ON TWO-DAY VISIT IN INDIA

India and Belarus are signed agreements on

their bilateral cooperation, including in defence

and security, as the Eastern European country's

President Alexander Lukashenko is on a two-day

visit to New Delhi.

NOTE:

A Treaty of Friendship between India and Switzerland signed in New Delhi

in August 1948 was one of the first treaties tobe signed by independent India.

This year marks the 70th year of the treaty.

Both India and Switzerland represent democratic and plural societies that

believe in the principles of “respect for differences” and “unity in diversity”.

NOTE:

The proposal assumes importance in view for consideration of other reforms in

domestic support negotiations in view of ongoing negotiations for upcoming

11th Ministerial Conference (MC) of WTO to be held in Buenos Aires

(Argentina) in December 2017.


9600124042/ 9840097666 Page 24

INDIA AND BELARUS SIGNED 10 AGREEMENTS

India and Belarus inked 10

agreements to expand cooperation in

a range of areas and decided to

explore joint development and

manufacture of military platforms,

giving a fresh momentum in

bilateral ties.

Prime Minister Narendra Modi and

Belarus President A.G. Lukashenko

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

MoU between Indian Council of Agricultural Research, India and Belarusian State

Agricultural Academy, Gorki, 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.

INDIA AND NORWAY EXTENDS BILATERAL COOPERATION

India and Norway have extended bilateral cooperation in the health sector

through the Norway-India Partnership Initiative for a period of three years

starting 2018.

Union Ministry of Health and Family Welfare and the Norwegian Ministry of

Foreign Affairs signed a letter of intent recently.

The Partnership Initiative now extends to Jammu and Kashmir and four other

States- Bihar, Odisha, Madhya Pradesh and Rajasthan are already covered under

it.


9600124042/ 9840097666 Page 25

World

JAPAN RELEASES POSTAGE STAMPS ON INDIAN YOGA EXPERTS

Japanese postal department

released postage stamps on Yoga

Expert Mr.Bishnu Charan Ghosh

and his family members, in

Kolkata.

The country released postage

stamps on Indian Yoga experts

Mr.Bishnu Charan Ghosh, his son

Mr.Biswanath Ghosh, daughter

Ms.Karuna Ghosh and Karuna‟s

father in law Mr.Asutosh Ghosh.

These stamps were officially displayed in Kolkata by the Japanese Consul General

Masayuki Taga,in Kolkata.

He is a Bengali bodybuilder and a Yoga expert.

SAUDI ARABIA LIFTS BAN ON INTERNET CALLING APPS

Saudi Arabia government introduced the ban of internet phone calls - known as

Voice Over Internet Protocol (VOIP).

Saudi Arabia's new crown prince, Mohammed bin Salman lifted the ban on voice

calls on Skype, Whatsapp and other applications to make Saudi Arabia more

attractive for business.

ANGOLA SWEARS IN ITS FIRST NEW PRESIDENT AFTER 38 YEARS

Angola swore in Joao Lourenco as the

country's President making him the first

new President of the country in 38 years.

He served as Angola's Defence Minister

earlier, vowed to attract more foreign

investment.

NOTE:

The People's Movement for the Liberation of Angola (MPLA) governed since

Angola's hard-fought independence from Portugal in 1975 with Dos Santos

taking power in 1979.


9600124042/ 9840097666 Page 26

CHINA LAUNCHES FASTEST BULLET TRAIN IN THE WORLD

China launches the world's fastest bullet

train „Fuxing‟ between Beijing and

Shanghai at 350 kms per hour, covering

the 1,250-km-long distance in just 4 hours

and 30 minutes.

CHINA OPENS DUAL-USE HIGHWAY TO NEPAL THROUGH TIBET

China opened a dual-use highway in Tibet

to the Nepal border which could be used

for civilian and defense purposes in

China.

It connects Xigaze airport and Xigaze city

center in Tibet.

The road helps to ease the congestions and

export economy of China.

AFGHAN AIR FORCE GOT ITS FIRST FOUR U.S.-MADE UH-60 BLACK

HAWK HELICOPTERS

The first four Afghan Air Force (AAF)

UH-60s arrived in Kandahar, as part of a

planned replacement of its aging fleet of

Russian-made Mi-17 helicopters.

The U.S. plans to supply a total of 159

Black Hawks to Afghanistan in the

coming years as it boosts the capacity of

the AAF.

CHINA BANS EXPORT OF KEY PETROLEUM PRODUCTS TO NORTH

KOREA

China ban exports of some petroleum products to North Korea and as well as

imports of textiles from the isolated North, in line with a UN Security Council

resolution, passed after Pyongyang‟s latest nuclear test.

The USA and South Korea are technically still at war with North Korea because

the 1950-53 Korean conflict ended with a truce and not a peace treaty.

NOTE:

China has the world‟s longest high-speed rail network of over 22,000

kilometres, about 60% per cent of the world‟s total.


9600124042/ 9840097666 Page 27

RUSSIA UNVEILS STATUE OF AK 47 INVENTOR MIKHAIL

KALASHNIKOV

The nine-metre (30ft) statue of Mikhail

Kalashnikov, the inventor of the AK-47

assault rifle, has been unveiled in Russian

capital Moscow in a controversial

ceremony.

RUSSIA AND IRAQ RESTORE AIR TRAVEL AFTER 13-YEAR FREEZE

Russia and Iraq restored commercial

airline services for the first time since

2004, with an Iraqi Airways plane

leaving for Moscow from Baghdad.

Russia suspended flights to Iraq after the

2003 US-led invasion pushed the Arab

country into war.

It is a signal on the part of the Iraqi

authorities that Russian nationals can safely visit Iraq.

CHENNAI-VLADIVOSTOK SEA ROUTE MADE INDIA‟S EFFORT TO

COUNTER CHINA‟S OBOR

India is planning to launch major

connectivity initiative,

connecting Chennai with key

Russian port Vladivostok via sea

route with an aim to harness natural

resources from Northeast Asia and

Western Pacific region.

The proposed maritime route can be

transformed into a corridor that

could juxtapose with Indo-Japan Pacific to Indian Ocean Corridor to counter

China‟s Maritime Silk Route (MSR) under Border Road Initiative (BRI) which

connect entire South East Asia through road, shipping and rail links.

NOTE:

Kalashnikov designed "Avtomat Kalashnikova", which became the standard issue rifle of the Soviet army, in 1947 - hence the abbreviation AK-47.

NOTE: India was the first country to establish resident Consulate in Vladivostok in

1992. India‟s current engagement with the region is limited to isolated pockets such

as Irkut Corporation in Irkutsk where Mig and Sukhoi aircraft are built and over $6

billion worth of investments by ONGC Videsh Limited.


9600124042/ 9840097666 Page 28

TURKEY SIGNS DEAL TO BUY RUSSIAN S-400 MISSILE SYSTEMS

Turkey signed a deal with Russia to buy S-

400 missile defence systems in its first

major weapons purchase from Moscow,

according to the President of Turkey Recep

Tayyip Erdogan.

The accord for the surface-to-air missile

defence batteries is Ankara's most

significant pact with a non-North Atlantic

Treaty Organisation (NATO) supplier.

SECOND INDIAN WORKERS‟ RESOURCE CENTRE INAUGURATED IN

UAE

Indian Ambassador in UAE

Navdeep Singh Suri inaugurated

the second Indian Workers‟

Resource Centre (IWRC) in UAE

to provide support and counseling

to Indians in distress.

It provides counseling and

support to the overseas Indian

Community on legal, personal and

financial matters, free of cost.

NORTH KOREA'S LATEST NUCLEAR TEST

The United Nations Security Council (UNSC) will hold an emergency meeting to

discuss an international response to North Korea's latest nuclear test.

North Korea tested a hydrogen bomb that could be mounted on a missile and is its

biggest nuclear detonation.

NOTE: Turkey is a NATO member since 1952.

NOTE:

The first IWRC opened in Dubai in 2010.

Khalifa bin Zayed bin Sultan Al Nahyan is the President of the United Arab

Emirates (UAE).

NOTE:

The countries namely the United States, Britain, France, Japan and South Korea

requested the urgent meeting.


9600124042/ 9840097666 Page 29

UNITED STATES OF AMERICA PROPOSES NEW SANCTIONS AGAINST

NORTH KOREA

United States of America (USA) proposed a range of new sanctions against North

Korea, including an oil ban and a freeze on leader Kim Jong-un's assets.

They drafted a UN resolution in response to Pyongyang's latest nuclear test which

will be considered by members of the UN Security Council.

The draft calls for bans on supplying a range of oil products to North Korea and

purchasing its textile exports.

PAKISTAN PM OPENS CHINA BACKED 5TH NUCLEAR POWER PLANT

FOR 340 MW ELECTRICITY GENERATION

Pakistani Prime Minister Shahid Khaqan

Abbasi inaugurated the country‟s fifth

nuclear power plant (C-4 plant) located

at Chashma in Mianwali district of the

Punjab province.

FIVE BANKS OF BRICS NATIONS SIGN PACT FOR CREDIT LINES

Five banks of Brazil, Russia, India, China,

South Africa (BRICS) Interbank Cooperation

Mechanism (ICM) agreed to establish local

currency credit lines and develop cooperation

on credit ratings.

The agreement will allow these five banks to

establish framework mechanism to extend credit lines in local currencies to BRICS

ICM members and BRICS countries.

NOTE:

This 340 MW Chasma - IV (C - 4) nuclear power plant is developed in

collaboration between the Pakistan Atomic Energy Commission (PAEC)

and China National Nuclear Corporation (CNNC).

NOTE:

These five banks are Brazilian Development Bank, Russia‟s Vnesheconombank,

Export-Import Bank of India (EXIM), China Development Bank and

Development Bank of South Africa.


9600124042/ 9840097666 Page 30

CHINA ANNOUNCED $80 MILLION FUNDING PLAN FOR BRICS

China gave 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.

WORLD‟S BIGGEST AND POWERFUL X-RAY LASER GUN UNVEILED

The world‟s largest and powerful X-ray laser- European X-ray Free Electron

Laser(XFEL) unveiled in Hamburg, Germany.

The XEFL is series of 3.4-kilometer tunnels up to 38 meters underground near the

city of Hamburg.

It took 8 years to build 1.5-billion-euro ($1.7 billion) facility.

It has the capacity to generate extremely intense laser flashes, at a rate of 27,000

per second generated by Self-Amplified Spontaneous Emission (SASE).

WORLD'S HIGHEST SANDCASTLE BUILT IN GERMAN CITY

The world's highest sandcastle is

now standing 16.68 meters tall in

the German city of Duisburg.

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.

The new sandcastle is decorated

with sand models of tourist attractions such as Athens' Acropolis, Barcelona's

Sagrada Familia and the Leaning Tower of Pisa.

QATAR AIRWAYS BECOMES THE WORLDS FIRST AIRLINE TO LAUNCH

DOUBLE BEDS IN BUSINESS CLASS

Qatar Airways has put double beds in the business class sections of aeroplanes

from London to Doha in Qatar.

Such cabins, called Qsuites will be rolled out next in flights from Paris and New

York.

SAMSUNG GAINS PERMIT TO TEST SELF-DRIVING CARS IN

CALIFORNIA

Samsung Electronics joined the self-driving car race in California with a permit

from the state to test the technology on the home turf of Tesla, Google, and Apple.


9600124042/ 9840097666 Page 31

EARTHQUAKE OF MAGNITUDE 8 STRUCK SOUTHERN MEXICO

Magnitude 8 powerful earthquake hit offshore 120 kilometres southwest of the

town of Tres Picos in the state of Chiapas, southern Mexico.

US Geological Survey (USGS) issued a tsunami warning.

US SUPREME COURT ALLOWS PRESIDENT TRUMP TO IMPLEMENT

REFUGEE BAN

All nine SC justices agreed with the

Trump administration to block a

federal appeals court ruling that

exempted refugees with contractual

relationships with resettlement

organisations from the ban.

Already President signed revised

executive order in March that

banned travellers from six Muslim-

majority countries namely Iran, Libya, Somalia, Sudan, Syria and Yemen - for 90

days and locked out most refugees for 120 days

SHORT NEWS:

Nepal has signed a USD 635 million UN Development assistance package for

2018-2022 to lay out the country‟s development strategy for the next five years.


9600124042/ 9840097666 Page 32

SCHEMES UCHCHTAR AAVISHKAR ABHIYAN

Under the Ministry of Human Resource Development

It aims to promote industry-specific need-based research in the educational

institutions to keep up the competitiveness of the Indian industry in the global

market.

All the IITs have been encouraged to work with the industry to identify areas

where innovation is required.

The main aim of launching the UAY scheme is to make students more accustomed

with the outer world and give them a market oriented mindset.

Implemented by Department of Higher Education.

VISHWAJEET SCHEME

Under the Ministry of Human Resource Development

The scheme entailed the provision of Rs. 1,250 crore to each of the top seven IITs

over a period of five years to upgrade infrastructure, hire foreign faculty, and

collaborate with foreign institutions to break into the top league in global rankings

UNION GOVT TO LAUNCH SCHOOL CHALO ABHIYAN TO ENROL 80

LAKH KIDS

Government will undertake a programme known as „school chalo abhiyan‟from

2018 to enrol “70-80 lakh” students in India who are out of schools.

Union Human Resource Development Minister Prakash Javadekar announced it

at the celebration of 51st International Literacy Day-2017.

UJALA SCHEME LAUNCHED IN MELAKA, MALAYSIA

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.

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.


9600124042/ 9840097666 Page 33

SACHIN LAUNCHES PROJECT TO DEVELOP THE POOREST WARD

Former Indian cricketer Sachin Tendulkar

on Tuesday launched Mission-24 a

programme aimed at improving the quality

of life in one of Mumbai‟s poorest wards

through collaborative efforts in the next 24

months.

The main aim of the program to provide

basic amenities to residents of M-East ward that includes slums of Shivaji Nagar,

Deonar and Mankhurd.

'PANDIT DEENDAYAL UPADHYAY SHRAM ANNA SAHAYATA YOJNA'

Chhattisgarh Chief Minister Raman Singh launched the 'Pandit Deendayal

Upadhyay Shram Anna Sahayata Yojna' under which nutritious meal will be

provided to laborers at price of Rupees five.

The programme aims to reach 7000 laborers across 27 districts in Chhattisgarh.

The government has also registered 21 lakh workers from the organized and the

unorganized sectors.

„SHAHEED GRAM VIKAS YOJANA‟ IN JHARKHAND

Jharkhand Government in the presence of BJP

Leader Amit Shah launched Shaheed Gram Vikas

Yojana aimed at developing villages of freedom

fighters in the state.

Under this scheme, villages of many tribal

freedom fighters will be developed and their habitats will be provided basic

amenities and these villages will be provided basic amenities.

NOTE:

Through this project, the organisations aim to provide amenities like secondary

schools and colleges, Anganwadi's, maternity homes, health posts and

dispensaries in the ward. It also aims to improve sanitation, create more open

spaces and look at computer safety.

NOTE:

These villages remained inaccessible for a long time after Independence

because of Left-wing extremism.

Birsa Munda is a tribal, freedom fighter, religious leader, and folk hero who

belonged to Munda tribe from Chhotanagpur area.


9600124042/ 9840097666 Page 34

AKSHAY KUMAR APPOINTED UTTARAKHAND SWACHH BHARAT

MISSION BRAND AMBASSADOR

Uttarakhand Chief Minister Trivendra Singh

Rawat announced the appointment of actor

Akshay Kumar as the brand ambassador of

the Swachh Bharat Mission in the state.

RS. 5 LAKH ANNUAL SCHOLARSHIP FOR ATHLETES UNDER REVAMPED

KHELO INDIA PROGRAMME

The Narendra Modi government will invest Rs 1,756 crore for a period of three

years for the revamping of 'Khelo India' scheme, which has been taken with twin

goals: Sports For All and Sports For Excellence.

Each athlete selected under this scheme will receive an annual scholarship

worth Rs 5 lakh for 8 consecutive years.

Khelo India is a merger of following schemes:

Rajiv Gandhi Khel Abhiyan(RGKA)

Urban Sports Infrastructure Scheme (USIS)

National Sports Talent Search Scheme (NSTSS)

The revamped programme for period 2017-18 to 2019-20 aims to impact entire sports

ecosystem, including infrastructure, talent identification, community sports, coaching,

competition structure and sports economy.

It includes:

Pan Indian Sports Scholarship Scheme

Sports Universities

National Physical Fitness Drive

NOTE:

He is 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.


9600124042/ 9840097666 Page 35

APPS & PORTAL

PENCIL PORTAL

The Union Ministry of Labour and Employment launched Platform for Effective

Enforcement for No Child Labour (PENCIL) Portal at National Conference.

The portal is an electronic platform that aims at involving Centre, State, District,

Governments, civil society and the general public in achieving the target of child

labor free society.

They launched Standing Operating Procedures (SOPs) for enforcement of legal

framework against child labor.

DIVYANG SARATHI MOBILE APPLICATION

The Ministry of Social Justice and Empowerment launched Divyang Sarathi The

accessible and comprehensive mobile application for easy dissemination of

information to „Divyangjans‟

Aims: To empower Divyangjans by providing them easier and convenient access

to information pertaining to schemes, scholarships, statutes, institutional.

FSSAI LAUNCHES ONLINE PLATFORM „FOSCORIS‟

Food Safety and Standards

Authority of India (FSSAI)

launched „FoSCoRIS‟, a

nationwide online platform to

bring in transparency in food

safety inspection and sampling.

The new system will bring

together all key stakeholders

food businesses, food safety

officers (FSOs), designated officers, state food safety commissioners on a nation-

wide IT platform and data related to inspection, sampling and test result data will

be shared.

The system will help to verify compliance with food safety and hygiene standards

by food businesses as per the government norms.

NOTE:

FSSAI is a nodal statutory agency responsible for protecting and promoting

public health in India through regulation and supervision of food safety.


9600124042/ 9840097666 Page 36

ECONOMY RBI INTRODUCE RS 5, RS 100 COIN TO MARK MG RAMACHANDRAN‟S

BIRTH CENTENARY

As per the notification of Finance Ministry,

the Reserve Bank of India will introduce100

rupees coin to mark the birth centenary

(hundredth anniversary) of AIADMK founder

Late Dr. M G Ramachandran.

INDIA‟S FOREX RESERVES TOP $400 BILLION FOR THE FIRST TIME

According to the Reserve Bank of India Data, India‟s foreign-exchange reserves

rose past $400 billion for the first time ever, strengthening policy makers‟ buffers

ahead of an expected reduction in US stimulus.

TRIFED INKS MOU WITH AMAZON TO SALE TRIBAL PRODUCTS

ONLINE

Tribal Cooperative Marketing Development

Federation of India Limited (TRIFED) inked

Memorandum of Understanding (MoU) with e-

commerce giant Amazon for selling tribal products.

The aim of the initiative is to promote tribal

NOTE:

On the obverse, the face of the coin will bear Lion Capital of Ashoka Pillar in

the center with Satyamev Jayate inscribed below on it in Devanagari script.

On the reverse side, the portrait of Dr. MG Ramachandran will be in the

center.

The numerals „1917-2017‟ will appear below the portrait of Ramachandran.

The design of the Rs. 5 coin will be similar to that of the Rs. 100 coin.

The Rs. 100 coin will weigh 35 grams and have 50% silver in its

composition.

The Rs. 5 coin will be composed of copper, zinc and nickel.

NOTE:

The gold reserves remained unchanged at $20.691 billion.

The special drawing rights with the International Monetary Fund (IMF)

increased by $14.2 million to $1.520 billion


9600124042/ 9840097666 Page 37

handicrafts like handloom products, cane and bamboo products, tribal jewelry,

Dhokra craft, tribal weaves.

NESTLE SETS UP FIRST FOOD SAFETY INSTITUTE IN INDIA

The new Food Safety and Standards

Authority of India (FSSAI) CEO Pawan

Kumar Agarwal inaugurated the Nestle Food

Safety Institute in Manesar, Gurugram.

The partnerships with private parties on food

safety and standards are an imperative for

FSSAI.

It is an effort to implement a first world regulatory ecosystem in India.

ICAR TO UNDERTAKE MAJOR RESEARCH WORKS ON AGRICULTURE

WITH WORLD BANK FUND

The Indian Council for Agricultural Research (ICAR) will be undertaking major

research works on agriculture this year with the World Bank fund of 1100 crore

rupees.

The research in making available enough fodder for cattle as it remains an area of

concern now and also to address the climate change challenges.

NOTE:

TRIFED is a national-level apex organization functioning under administrative

control of Ministry of Tribal Affairs.

It was established in August 1987 by then Ministry of Welfare under Multi

State Cooperative Societies Act 1984 (which has now been replaced by Multi-

State Cooperative Societies Act, 2002).

Its core objective is to institutionalize trade of Minor Forest Produce (MFP)

and Surplus Agriculture Produce (SAP) collected or cultivated by tribals as

they are heavily dependent on these natural products for their livelihood.

TRIFED also works as an agency to the FCI for procurement of Wheat and

Rice.

NOTE:

India ranks first in milk production in the world, the milk yield per animal is

very low as compared to international standards.


9600124042/ 9840097666 Page 38

HDFC BANK LISTED IN DOMESTIC SYSTEMICALLY IMPORTANT BANKS

The Reserve Bank of India

listed HDFC Bank as a domestic

systemically important bank (DSIB)

under the bucketing structure

identified last year.

The additional Common Equity Tier 1

(CET1) requirement for D-SIBs

already been phased-in from April 1,

2016, and will become fully effective

from April 1, 2019.

The requirement will be in addition to the capital conservation buffer.

SBI LIFE INSURANCE GETS SEBI APPROVAL FOR RS 8,400 CRORE IPO

SBI Life Insurance received approval from the Securities and Exchange Board of

India for an IPO (Initial Public Offering)of up to Rs 8,400 crore ($1.3 billion).

It involves 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.

INDIA‟S FIRST LITHIUM-ION BATTERY UNIT IN GUJARAT

Suzuki Motor invest more than Rs 1,150 crore along with Japanese partners

Toshiba and Denso to set up India's first lithium-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.

It will hold half the stake and meanwhile, Toshiba will own 40% and Denso the

remaining 10%.

FORCE MOTORS AND ROLLS-ROYCE POWER TIE UP

Pune-based auto firm Force Motors Limited

entered into a non-binding joint venture agreement

with Rolls-Royce 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 is 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.


9600124042/ 9840097666 Page 39

ASHOK LEYLAND SIGNED AGREEMENT WITH ROSOBORONEXPORT,

ELCOM

Hinduja Group flagship company Ashok Leyland signed a MoU with

Rosoboronexport, Russia to supply tracked vehicle solutions to the armed forces.

Another MoU is signed with the ELCOM Group which is also emerging as a

significant player in strategic electronics, avionics and tactical communication

globally.

GOOGLE LAUNCHES 'TEZ' IN INDIA

Google launched a mobile wallet and payments app 'Tez' in

India that will let users link their phones to their bank accounts

to pay for goods in physical stores and online.

It is available for both Android and iOS users, the app also

allows person-to-person money transfers.

PAYTM PARTNERS WITH NPCI

Paytm Payments Bank (PPB) partnered with

the National Payments Corporation of India

(NPCI) to launch a RuPay-powered digital

debit card.

The RuPay-powered digital debit card will be

issued to all customers who have opened their bank accounts with PPB.

As a payments bank, PPB can take a demand deposit of up to Rs 1 lakh per

customer, but it cannot undertake lending activities.

NOTE:

Rosoboronexport (ROE) is the only State organisation in Russia for export

of the entire range of military products and technologies.

NOTE:

Google linking up with several major banks in the country by way of UPI

(Unified Payments Interface) a payment standard and system backed by the

government in its push to bring more integrated banking services into a very

fragmented market.

The Supported banks include Axis, HDFC Bank, ICICI and State Bank of India

and others that support UPI.

Online payment partners include large food chains like Dominos, transport

services like RedBus, and Jet Airways and to help address one of the many ways

that the Indian market is fragmented, the app has support for English, Hindi,

Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu.


9600124042/ 9840097666 Page 40

The debit card will have the facility to come with a free insurance cover of up to

Rs. 2 lakh in the case of death or permanent total disability.

The customers will now be able to transact at all merchants who accept credit and

debit cards.

BHARTI AIRTEL AND SK TELECOM TO BUILD ADVANCED TELECOM

NETWORK IN INDIA

Telecom services provider Bharti

Airtel and 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.

EXIDE LIFE AND PMC BANK TO TIE UP FOR SAVINGS PRODUCTS

Exide Life Insurance announced a partnership with

Punjab & Maharashtra Co-operative Bank (PMC Bank)

to offer its protection and savings products to the latter‟s

customers.

NOTE:

Airtel launched India‟s first live payments bank. Paytm is the second such

service to be launched in the country.

NOTE:

It 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).

NOTE:

It 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.

Exide Life Insurance Company Limited commenced its operations in 2001-02.


9600124042/ 9840097666 Page 41

AMAZON'S LARGEST FULFILMENT CENTER IN HYDERABAD

American e-commerce company

Amazon opened its largest fulfillment center

(FC) in the country at the GMR-led Rajiv

Gandhi International Airport in Hyderabad.

The new facility has a carpet area of around 4 lakh square feet, along with a

storage space of close to 2.1 million cubic feet.

Amazon's fifth fulfillment center in Telangana, thereby increasing the firm's

overall storage capacity to 3.3 million square feet in the state.

SHORT NEWS

Bharti Airtel launched Airtel GST Advantage a solution designed to enable small

businesses and start-ups to file their Goods and Service Tax (GST) returns

“accurately, securely and seamlessly.”

Private sector lenderIndusInd Bank and India's second largest Microfinance

company Bharat Financial Inclusion signed a confidentiality agreement for the

proposed merger between them.The merger would result in lower cost of funds and

would help the company offer its customers savings products.

Payment gateway provider PayU announced its collaborations to provide users a safe

and secure option to pay for rail tickets booked via the IRCTC website and Indian

Railway Catering and Tourism Corporation (IRCTC).

The Maharashtra Government and Mother Dairy Fruit and Vegetable Pvt. Ltd, a

subsidiary of National Dairy Development Board (NDDB) signed a lease agreement to

set up a state-of-the-art milk and milk products processing plant.


9600124042/ 9840097666 Page 42

AWARDS & HONOURS BOLLYWOOD FILM NEWTON CHOSEN AS INDIAS OFFICIAL ENTRY TO

OSCARS 2018

The Rajkummar Rao starrer black

comedy bollywood film 'Newton' has

been selected as India's official entry in

the Best Foreign Language Film

category at Oscars 2018.

Directed by Amit V Masurkar.

The Film Federation Of India (FFI)

confirmed this nomination.

2018 WORLD UNIVERSITY RANKINGS

2018 World University Rankings which

was published by the Times Higher

Education (THE) are:

1. University of Oxford

2. University of Cambridge

3. Caltech, Stanford University.

1. IISc, Bangalore has been named the top university in India.

2. IIT-Bombay

3. IIT-Delhi

4. IIT-Kanpur

5. IIT-Kharagpur

HYDERABAD AIRPORT BAGS ENERGY EFFICIENCY AWARD

Hyderabad International Airport

Limited bagged the National Award for

„Excellence‟ in Energy Management at a

conference hosted by the Confederation of

Indian Industry (CII).

NOTE:

The event focused on recognizing companies that are engaged in energy

efficiency initiatives and displaying commitment towards energy conservation.


9600124042/ 9840097666 Page 43

“CONTAINER TERMINAL OF THE YEAR” AWARD 2017

Jawaharlal Nehru Port Container Terminal (JNPCT) was awarded “Container

Terminal of the Year” Award, in Mumbai.

This is the 10th edition of the Gateway Awards.

NHAI AWARDED ITS FIRST INTERNATIONAL PROJECT

The National Highway Authority of

India awarded its first international

project in Myanmar to a joint venture

of Punj Lloyd-Varaha.

GIFT CITY WINS ASSOCHAM SERVICES EXCELLENCE AWARDS

India‟s first operational Smart City and IFSC, Gujarat International Finance-Tec

City (GIFT City) won the prestigious Associated Chambers of Commerce and

Industry of India (ASSOCHAM) Services Excellence Award.

It was honoured for its contribution to the growth of the International Financial

Services and Technology Hub in India.

NOTE:

The excellent strategies to reduce congestion, smooth delivery of containers

and renovation of infrastructure to carry out a trade even in unfavourable

conditions.

NOTE:

This is for the up gradation of the Yagyi–Kalewa section in Myanmar to two

lanes with the earthen shoulder in the engineering, procurement, and

construction mode.

Punj Lloyd Varaha's bid was identified as the most competitive among four

qualified bidders. It was at Rs. 1,177 crores.

NOTE;

GIFT City, India‟s first International Financial Services Centre (IFSC), is

operational with approximately 10 leading banks, 2 international exchanges

(India INX and NSE IFSC), around 100 capital market players and 8

insurance companies having established their operations.


9600124042/ 9840097666 Page 44

KARNATAKA TOPS IN MANUFACTURING EXCELLENCE ACCORDING

TO ASSOCHAM

According to a study titled "Manufacturing

Excellence and Emergence in India: The state level

analysis" which was conducted by ASSOCHAM's

Economic Research Bureau,

Karnataka stands at top, Kerala ranks second,

among the Indian states in terms of

manufacturing excellence.

MPEDA BAGS RAJBHASHA KEERTI

AWARD

The Marine Products Export Development

Authority (MPEDA) awarded National level

Rajbhasha Keerti Award for the third

consecutive year.

VICE PRESIDENT HONOURS 219 TEACHERS WITH NATIONAL AWARD

Vice President Venkaiah Naidu gave

away the National awards for teachers

on Teachers day Function.

A total of 219 teachers, including 124

Information and Communication

Technology (ICT) teachers, were

awarded.

He also launched DIKSHA, a national

digital infrastructure for teachers.

NOTE :

This award has been given to MPEDA for the best Implementation of Official

language in the organization.

NOTE:

DIKSHA is a customisable national digital infrastructure that states, Teacher

Education Institutions (TEI) and private entities can use for their respective

teacher-centric initiatives.


9600124042/ 9840097666 Page 45

CNR RAO SELECTED FOR 2017 VON HIPPEL AWARD

Eminent Scientist and Bharat Ratna Prof C.N.R. Rao

awarded as 2017 Von Hippel Award, the highest

international prize in materials research.

For his interdisciplinary contributions to the

development of novel functional materials, including

nanomaterials graphene, superconductivity, 2D

materials and colossal magnetoresistance at Boston.

BEST LAW TEACHER AWARD

Tahir Mahmood awarded the

prestigious N R Madhava Menon

Best Law Teacher Award 2017 for

his distinguished services to legal

education and the legal profession

on the occasion of Law Teachers'

Day celebrations.

PRAKASH PADUKONE TO GET BADMINTON'S FIRST LIFETIME AWARD

Badminton Prakash Padukone conferred with the

first Lifetime Achievement Award instituted by

the Badminton Association of India (BAI) for his

rich contribution to the sport.

NOTE:

CNR Rao is an Indian chemist who has worked mainly in solid-state and structural chemistry. He currently serves as the Head of the Scientific Advisory Council to the Prime Minister of India

NOTE:

Every year to honor the most deserved law teachers and institutions in India

and across the SAARC region, the award was presented.

NOTE:

He is the first recipient of the lifetime achievement award.

He won the 1980 All England and won a bronze at the 1983 World

Championship in Copenhagen.

He also won a gold medal at the 1978 Commonwealth Games.

He was bestowed with the Arjuna award in 1972 and the Padma Shri in 1982.


9600124042/ 9840097666 Page 46

MAHTAB BAMJI SELECTED FOR LIVING LEGEND

AWARD

Mahtab Bamji selected for the Living Legend Award of

the International Union of Nutritional Sciences ((IUNS).

The award will be presented at its General Assembly to be

held at the IUNS-ICN in Buenos Aires, Argentina on 18th

October.

SALMAN KHAN HONOURED AT BRITAIN‟S HOUSE OF COMMONS

Salman Khan received a Global Diversity Award at Britain‟s

House of Commons. The Being Human NGO is run by the

Salman Khan.

74TH VENICE FILM FESTIVAL AWARDS 2017

The 74th annual Venice International Film

Festival was held from 30 August to 9

September 2017.

The most important award is the Golden Lion at

the Venice Biennale and considered one of the

most prestigious film awards, like the Golden Palm in Cannes and the Golden

Bear of Berlin.

The awards are listed below

Best Film - Nico, 1988, directed by Susanna Nicchiarelli

Best Director - Vahid Jalilvand, No Date, No Signature

Special Jury Prize - Caniba, directed by Lucien Castaing-Taylor and Véréna

Paravel

Best Actress – Lyna Khoudri, Les Bienheureux

Best Actor – Navid Mohammadzadeh, No Date, No Signature

Best Screenplay - Los Versos Del Olvido, directed by Alireza Khatami

Best Short Film - Gros Chagrin, directed by Céline Devaux

NOTE:

The IUNS Council presents Living Legend Awards to individual members of

Adhering Bodies in good standing who are eighty (80) years or above.

NOTE :

The Global Diversity Award is given to people of immense stature in terms of

diversity in the world, and he is certainly one of them.


9600124042/ 9840097666 Page 47

Lion of the Future – “Luigi De Laurentiis” Venice Award for a Debut Film

Jusqu‟à la Garde, directed by Xavier Legrand.

BCCI NOMINATES MS DHONI FOR PADMA BHUSHAN AWARD

The Indian cricket board nominated Mahendra

Singh Dhoni for the country's third highest

civilian award the Padma Bhushan for his

contribution to the game.

Two World titles (2011 50-over World Cup and

2007 World T20), nearly 10,000 runs, 90 Test

matches.

SPORTS MINISTRY RECOMMENDS P.V. SINDHU FOR PADMA BHUSHAN

AWARD

Olympic silver medallist shuttler P.V. Sindhu

recommended for the prestigious Padma

Bhushan, country‟s third highest civilian award,

by the Sports Ministry.

She is two-time bronze medallist at World

Championship.

NOTE :

She was awarded India‟s fourth highest civilian honor, the Padma Shri.

She becomes the first Indian to win the Korea Open Superseries.


9600124042/ 9840097666 Page 48

SCIENCE & TECH

ISRO‟S MARS ORBITER MISSION COMPLETES 3 YEARS IN ORBIT

Indian Space research Organistaion (ISRO)

globally acclaimed Mars Orbiter Mission (MOM)

also known as Mangalyaan completed three years

in Martian orbit.

On the occasion of completion of three years, ISRO

released MOM second-year science data from

September 24, 2014, to September 23, 2016.

INDIA‟S FIRST ADVANCED HOMOEOPATHY VIROLOGY LAB

INAUGURATED IN KOLKATA

India‟s first state of art virology laboratory

inaugurated at Dr Anjali Chatterjee

Regional Research Institute for

Homoeopathy in Kolkata, West Bengal.

The lab plays important in developing new

drugs and technologies in Homoeopathy to

combat emerging challenges of viral

diseases.

The laboratory is only one of its kind in India for conducting basic and

fundamental research in Homoeopathy for viral diseases like influenza, dengue.

COMMON FOOD PROCESSING INCUBATION CENTER FOR SHALLOTS

Union Food Processing Minister Harsimrat Kaur Badal has inaugurated a unit to

process small onions in Perambalur district in Tamil Nadu.

The farmers in Perambalur District are producing 70000 tons of shallots per year

in a cultivation area of 8000 hectares in spite of the increasing difficulty in

cultivation due to increase in prices of inputs, unpredictable weather, disease

outbreak and not getting adequate prices in the market.

NOTE:

The main plan designed built and launched by ISRO in a record period of

fewer than two years in Rs.450 crore ($73 million US) budget, making it

cheapest inter-planetary.

NOTE:

Mission Banana was implemented in the previous year and this year it

is Mission Onion.


9600124042/ 9840097666 Page 49

AMD LAUNCHES RYZEN PRO PROCESSORS FOR BUSINESS PERSONAL

COMPUTER

Chipmaker AMD presented a new line of microprocessor chips called „Ryzen

Pro‟ for commercial desktop workstations

HP, Dell and Lenovo introduced new high-end workstations using Ryzen Pro

RUSSIA AND US PARTNER TO BUILD 1ST EVER SPACE STATION NEAR

MOON

Russian and the United States space agencies, Roscosmos and NASA, have

agreed to jointly build a "deep space gateway", the first-ever astronaut-tended

space station around the Moon.

It would help prepare for manned missions to deep space destinations including

Mars.

NASA and Roscosmos are two of the major partners in the $100-billion Earth-

orbiting International Space Station (ISS).

NOTE:

The Ryzen Pro desktop processor is an 8 core and 16 thread CPU and much

faster than the rival Intel‟s „Core i7‟ which is of 4 core and 8 thread.


9600124042/ 9840097666 Page 50

SPORTS WORLDS FIRST DIVIDING RETRACTABLE FOOTBALL PITCH

Tottenham's new stadium will include the

world's first retractable pitch, which is due to

open in 2018, allowing the venue to hold both

football and NFL matches.

AUSTRALIA INVITED FOR 2022 ASIAN GAMES FOR 1ST TIME IN

HISTORY

Olympic Council of Asia (OCA)

invited Australia to compete at Asian (Asian

Games) in 2022, for the first time.

The invite is for selected sports like football and

basketball to enable athletes to qualify for

the 2024 Paris Olympics.

INDIA TO HOST COMMONWEALTH WEIGHTLIFTING CHAMPIONSHIPS

India will host the 2019 edition of the Commonwealth (Youth, Junior and

Senior) Weightlifting Championships.

The Executive Board of Commonwealth Weightlifting Federation decided to

allot the 2019 edition of the competitions to India.

NOTE:

Tottenham Hotspur Football Club, referred simply as Tottenham or Spurs, is

an English football club located in Tottenham, Haringey, London

NOTE:

Australia, New Zealand and a group of Pacific islands - has not taken part in

the Asian Games before, but sporting ties with Asia (Olympic Council of Asia)

have been growing.

NOTE:

The current edition of the tournament is being held at the Gold Coast,

Australia.


9600124042/ 9840097666 Page 51

KOCHI TO HOST BWF SENIOR BADMINTON WORLD CHAMPIONSHIPS

This is the first time in India, Badminton World

Federation (BWF) World Senior Badminton

Championship tournament started in Rajiv Gandhi

Indoor Stadium of Kochi which will continue till

17th September.

The President of Badminton Association of India

(BAI) Himanta Biswa Sarma will be hosting BWF tournament.

PV SINDHU WINS GOLD AT KOREA OPEN SUPERSERIES COMPETITION

PV Sindhu becomes the first Indian to

win Gold Medal at the Korea Open Superseries

Competition.

She defeated Japan's Nozomi Okuhara in the

women's singles final.

It was overall her third super series title of her

career.

KONSAM ORMILA DEVI WON GOLD AT COMMONWEALTH YOUTH

India‟s Konsam Ormila Devi won a gold medal in

44kg weight category on the opening day of the

Commonwealth Youth (boys & girls) weightlifting

championships held at Gold Coast, Australia.

She lifted 57kg in snatch and 76kg in clean and jerk

for an overall effort of 133kg.

NOTE:

A total of 175 players will represent India including Olympians Abhinn Shyam

Gupta, Nikhil Kanetkar, and V Diju along with three times Asian Games team

bronze medallist Partho Ganguly and 1982 Asian Games bronze medallist

Leroy D‟sa.

NOTE:

She was second Indian female shuttler to win Olympic medal after Saina Nehwal who had won a bronze medal in 2012 London Olympics.

She won 2016 China Super Series Premier and India Super Series and Syed Modi Grand Prix.

After this tournament she has jumped two places to the second spot in the

BWF (Badminton World Federation) women's singles ranking.


9600124042/ 9840097666 Page 52

M S DHONI IS THE FIRST WICKETKEEPER TO EFFECT 100 STUMPINGS

Former India captain Mahendra Singh

Dhoni became the first wicketkeeper in world

cricket to attain 100 stumpings in One Day

Internationals (ODIs).

Dhoni achieved the feat in his 301st ODI in

Colombo, Sri Lanka.

5TH ASIAN INDOOR & MARTIAL ARTS GAMES IN TURKMENISTAN

In the 5th Asian Indoor and Martial Arts

Games at Ashgabat, Turkmenistan, India

bagged four medals.

Sajan Prakash - silver medal - Men's 100-metre

butterfly event.

Categories in the Belt Wrestling Discipline:

Divya Gurling Shilwant - bronze - women's Alysh classic in 70 kg

Pratiksha Chandrakant Parhar - bronze - women's Alysh classic in 75 kg

Zumu - bronze medal - Kazakh Kuresh style in 90 kg

India is at 11th spot in the medals tally with 5 gold, 7 silver, and 7 bronze

INDIA‟S SONAM WINS GOLD IN CADET WORLD WRESTLING

CHAMPIONSHIP

India‟s Sonam 43 kilogram weight

category wins Gold in Cadet World Wrestling

Championship.

Wrestler Neelam also bagged Bronze Medal in

the 43-kilogram weight category.

Meanwhile, Four other wrestlers Simran,

Manisha, Minakshi, Karuna will also fight for

Bronze Medal in different weight categories.

NOTE:

Former Sri Lankan Skipper Kumar Sangakkara is on the second position with

99 Stumpings on his name.


9600124042/ 9840097666 Page 53

NEW CHIEF COACH OF INDIA MENS HOCKEY TEAM &WOMENS TEAM

Sjoerd Marijneappointed as the new Chief

Coach of India Men's Senior Hockey team,

replacing the sacked Roelant Oltmans.

World Cup-winning Junior team

coach Harendra Singh was appointed High

Performance Specialist coach of the senior

women's team.

INDIA FINISHES 5TH AT MOSCOW SHOTGUN WORLD

CHAMPIONSHIPS

India finished fifth in the medals tally with

one gold and two silver medals at the

Moscow Shotgun World Championships.

Only 16 of the 76 participating nations got

amongst the medals.

LAKSHMANAN WINS 5,000M GOLD AT NATIONAL OPEN ATHLETICS

Asian champion Govindan Lakshmanan of

Services cruised to victory in the men's 5000-

metre race on the opening day of the 57th

National Open Athletics Championships at

the Nehru Stadium.

NOTE:

Olympic skeet champions Gabrielle Rossetti and Diana Bacosi crowned as

world champions in the process.

Italy topped the tally with nine gold medals for a total of 17 medals in all.

USA topped second with five gold medals for a total of 12.

NOTE:

He has recently won gold in the 3,000m event at the Asian Indoor Games in

Ashgabat, Turkmenistan.


9600124042/ 9840097666 Page 54

INDIA WON 2ND SABA U-16 CHAMPIONSHIP

India won 2nd South Asian Basketball,

SABA, Under - 16 Championship

They defeated Bhutan by 131-50 in its last league

match at Kathmandu in Nepal.

FIFA WOMEN WORLD CUP FRANCE 2019 OFFICIAL SLOGAN, EMBLEM

LAUNCHED

Official emblem and slogan for FIFA Women's

World Cup France 2019 were unveiled at

the Musee de l'Homme, Paris, France.

Emblem:-

To symbolise the eighth edition of the FIFA

Women's World Cup, competition trophy wrapped

in blue and white, with eight shards of light around football at the top of the

trophy.

Slogan:- "Dare To Shine".

FIFA President - Gianni Infantino.

US OPEN 2017

Men's Singles Rafael Nadal (Spain) Kevin Anderson (South Africa)

Women's Singles Sloane Stephens (USA) Madison Keys (USA)

Men's Doubles Jean-Julien Rojer (Netherlands)

and Horia Tecau (Romania)

Feliciano Lopez and Marc Lopez

(Spain)

Women's

Doubles

Chan Yung-jan (Chinese Taipei)

and Martina Hingis (Switzerland)

Lucie Hradecka and Katerina

Siniakova (Czech Republic)

Mixed Doubles Jamie Murray (UK) and Martina

Hingis (Switzerland)

Chan Hao-Ching (Chinese

Taipei) and Michael Venus

(New Zealand)

SHORT NEWS

Mercedes' British Formula One driver Lewis Hamilton registered his 60th career

won at the Singapore Grand Prix.

NOTE:

India now qualified for 2017 International Basketball Federation,

FIBA, Under-16 Asian Championship to be played in Malaysia later this

year.


9600124042/ 9840097666 Page 55

PERSONALITIES ARJAN SINGH, MARSHAL OF THE INDIAN AIR FORCE, DIES AT 98

India‟s most celebrated soldier, Marshal of the Indian

Air Force, Arjan Singh (98 years old) passed away.

MINISTRY NIGERIAN ZANNAH MUSTAPHA WINS UN HIGH

COMMISSION FOR REFUGEES 2017 AWARD

For Educating Boko Haram Victims, a

Nigerian, Mr Zannah Mustapha, the Director,

Future Prowess Islamic Foundation School,

has won the UN High Commission for

Refugees (UNHCR) 2017 Nansen Refugees

Award.

Mr Mustapha will be presented with his award at ceremony in the Swiss city

of Geneva on 2 October.

FIRST WOMAN MINISTER IN MIZORAM IN 30 YRS

The 38-year-old Vanlalawmpuii Chawngthu became the first woman minister in

Mizoram in 30 years, since the 1987 state assembly elections.

She is the president of the Mizoram Pradesh Youth Congress Committee and was

elected from Hrangturzo seat in central Serchhip district in a bye-election.

NOTE:

Born: 15 April 1919 at Lyallpur, Pakistan

Years of service: 1938 - 1970

Became Chief of Air Staff: 1964

First Chief to be upgraded to the position of Air Chief Marshal

Made Marshal of the IAF in 2002

Civilian honour: Padma Vibhushan in 1966

Air Force Panagarh in West Bengal is named Air Force Station Arjan Singh.

Death: 16 Sep 2017 (The National Flag was flown half-mast on the day of funeral i.e. 18 Sep 17)

NOTE:

In Mizoram‟s political history, Chawngthu became the fourth woman legislator. Lalhlimpui Hmar was the first woman to hold a ministerial post in Mizoram, in 1987.


9600124042/ 9840097666 Page 56

FORTUNE'S LIST OF 'MOST POWERFUL WOMEN IN INTERNATIONAL

BUSINESS

Two Indian women featured on Fortune's list of Most Powerful Women in

business outside the US. Managing Director and CEO of ICICI Bank Chanda

Kochhar was ranked fifth and Managing Director and CEO of Axis Bank Shikha

Sharma was ranked at 21.

HALIMAH YACOB IS THE FIRST FEMALE PRESIDENT OF SINGAPORE

Halimah Yacob sworn-in as the 8th

President of Singapore.

She became the country‟s first female

President and the first in five decades to

come from the Malay ethnicity.

She was certified by the Presidential

Elections Commission as the only eligible

candidate and there was no opponent.

NASA ASTRONAUT PEGGY WHITSON

National Aeronautics and Space

Administration (NASA) astronaut Peggy

Whitson finishing a 288-day mission

That put her over the top as the American who

has spent the most cumulative amount of time

in space.

The oldest female astronaut in the history of space exploration was the first female

International Space Station commander and holds the record for number of

spacewalks by a woman.

CHINA REAL ESTATE DEVELOPER HUI KA YAN BECOMES THE RICHEST

MAN IN ASIA

According to the Forbes Real-Time Billionaires List, Hui Ka

Yan, the chairman of Chinese real estate giant Evergrande

Group, has become Asia‟s richest man, with a net worth of

$41.1 billion.

Hui today ranks No. 15 globally.

NOTE:

The Top Three Most Powerful Women in business in the List are Ana Botin

(Spain), Emma Walmsley (UK), Isabelle Kocher (France).


9600124042/ 9840097666 Page 57

FORMER UN SECRETARY-GENERAL BAN KI-MOON ELECTED AS CHAIR OF

THE IOC ETHICS COMMISSION

Former United Nations (UN) Secretary-General

Ban Ki-moon elected as Chair of Ethics

Commission of the International Olympic

Committee (IOC) for a four-year term.

He succeeds Youssoupha Ndiaye of Senegal

whose term has come to an end.

His appointment was proposed by the IOC

Executive Board and was approved during the IOC Session in Lima with a 74-4

majority.

THREE INDIANS AMONG WORLD'S '100 GREATEST LIVING BUSINESS

MINDS'

Three Indian entrepreneurial

legends, Ratan Tata, Lakshmi

Mittal and Vinod Khosla have

been included in Forbes‟s special

list of the world‟s „100 Greatest

Living Business Minds.

The other Honorees featured on

the world‟s 100 Greatest Living

Business Minds list include

Donald Trump, Ted Turner, Oprah Winfrey, Jack Welch, Mark Zuckerberg.

LILIANE BETTENCOURT, RICHEST WOMAN IN THE WORLD DIES AT 94

French businesswoman and heiress of cosmetics

giant L'Oreal Liliane Bettencourt, 94, has died.

NOTE:

Forbes magazine was founded 100 years ago on September 17, 1917, by B.C.

Forbes.

NOTE:

In March 2017, Forbes ranked Bettencourt the world's richest woman, putting

her net worth at $39.5 billion.


9600124042/ 9840097666 Page 58

NOBEL PEACE PRIZE AWARDED TO AUNG SAN SUU KYI IN 1991

CANNOT BE REVOKED

Myanmar's Suu Kyi received the Nobel Peace Prize

in 1991 for "her non-violent struggle for democracy

and human rights'' while standing up against

military rulers.

An online petition signed by more than 386,000

people on Change. org is calling for her prize's

removal over the persecution of

Myanmar's Rohingya Muslims.

The Norwegian Nobel Institute announced that prize awarded to Myanmar's

Aung Sang Suu Kyi cannot be revoked.

Books & Authors

SHYAM SARAN'S BOOK 'HOW INDIA SEES

THE WORLD' LAUNCHED

The book of Former Foreign Secretary Shyam

Saran named “How India Sees the World:

Kautilya to the 21st Century” launched by former

Prime Minister Dr. Manmohan Singh.

NOTE:

The book records the crucial meeting of the CCS (Cabinet Committee on

Security) on the eve of India-Pakistan Defence Secretary-level talks in May 2006.


9600124042/ 9840097666 Page 59

DEFENCE UNION GOVERNMENT LAUNCHES OPERATION INSANIYAT TO HELP

ROHINGYA REFUGEES IN BANGLADESH

The Ministry of External Affairs

started Operation Insaniyat to provided

assistance to Bangladesh in response to the

humanitarian crisis being faced by it due to

the large influx of Rohingya refugees from

Myanmar.

IAF SUCCESSFULLY CONDUCTS DEVELOPMENT TRIALS OF ASTRA

MISSILE

The Indian Air Force (IAF) successfully

conducted developmental trials of

indigenously developed Astra Beyond

Visual Range Air-to-Air Missile

(BVRAAM).

Total of seven trials of Astra BVRAAM

conducted in various missions and two

of them were against Pilotless

Target Aircrafts (PTA) successfully

fired.

NOTE:

Rohingya are a stateless ethnic minority (mostly Muslim) from Rakhine

province of Buddhist-majority Myanmar, who are forced leave their country.

They are a stateless ethnic minority (mostly Muslim) from Rakhine province of

Buddhist-majority Myanmar, who are forced leave their country due to

communal violence and repeated military operations.

NOTE:

It is one of the smallest weapon system developed by DRDO, having a length

of 3.8-metre and weighing 154kg. It is a single stage solid fuelled missile.


9600124042/ 9840097666 Page 60

DRDO TESTED 3RD GENERATION ATGM NAG SUCCESSFULLY

The Defence Research and Development Organisation (DRDO) successfully twice flight tested indigenously developed 3rd generation Anti-Tank Guided in Rajasthan.

During the test, ATGM Nag missile has

successfully hit both the targets at different

ranges and conditions with very high

accuracy.

SAAB TIES UP WITH ADANI GROUP TO BUILD GRIPEN E FIGHTER JETS

IN INDIA

Swedish defence major SAAB to tie-up

with Adani Group to manufacture

the Gripen E fighter jets in 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.

Gripen is now used by the air forces of

Hungary, Thailand, South Africa, Brazil and the Czech Republic.

INDIA AND USA EXERCISE YUDH ABHYAS 2017

A joint military training, Exercise Yudh

Abhyas-2017 will be conducted at Joint

Base Lewis McChord, Washington, the

USA from 14 to 27 September 2017 between

India and the USA.

NOTE:

The ATMG Nag missile is one of five missile systems developed indigenously

by DRDO under the Integrated Guided Missile Development Programme

(IGMDP).


9600124042/ 9840097666 Page 61

INDIA AND SRI LANKA BEGIN JOINT NAVAL EXERCISE SLINEX 2017

Indian Navy and Sri Lankan Navy begin

the 2017 Sri Lanka-India Exercise

(SLINEX) at Visakhapatnam, Andhra

Pradesh.

The biennial Joint Indo-Lanka Maritime

Fleet Exercise will conclude on 14th

September.

PAKISTAN,RUSSIA BEGIN JOINT MILITARY DRILLS DRUZBA 2017

The joint exercise DRUZBA 2017 between special forces of Pakistan and Russia

Armies started in Minralney Vody, Russia.

BDL SIGNS CONTRACT FOR SUPPLY OF MRSAM TO INDIAN ARMY

Bharat Dynamics Limited (BDL) signed a contract with Research Centre Imarat

(RCI) for the supply of Medium Range Surface-to-Air Missiles (MRSAM) to

Indian Army.

It is headquartered in Hyderabad, Telangana.

INS TARASA COMMISSIONED INTO INDIAN NAVY

INS Tarasa (T94), the fourth and last ship in

series of Water Jet Fast Attack Craft (WJFAC)

was commissioned into Indian Navy at Naval

Dockyard.

It is an improved variant of Car Nicobar-class

high-speed offshore patrol vessels (OPVs) built

by Kolkata (West Bengal) based Garden Reach

Shipbuilder.

It is named after the picturesque island in the Andaman and Nicobar archipelago

in Bay of Bengal.

NOTE:

It is one of the largest joint running military training and defence corporation

endeavors between India and USA.

This is the 13th edition of the joint exercise hosted alternately between the two

countries.

NOTE:

Last year, Russia held its first-ever military exercises with Pakistan and also

started selling weapons to Islamabad.


9600124042/ 9840097666 Page 62

DEFENCE MINISTER FLAGS OFF WOMEN‟S CIRCUMNAVIGATION

EXPEDITION

Union Defence MinisterNirmala Sitharaman flagged

off the Navika Sagar Parikrama by an all-women crew

of Indian Navy aboard Indian Naval Sailing Vessel

(INSV) Tarini from INS Mandovi jetty in Goa.

PANDA KANGAROO 2017 HELD IN KUNMING

China and Australia joint military training exercise called "Panda-Kangaroo 2017"

concluded in Kunming, capital of southwest China's Yunnan Province.

TIHAR JAIL, LARGEST JAIL IN INDIA GOT ITS FIRST OPEN AIR

GYMNASIUM

Open-air gyms for prisoners has now been set

up in jail number 1 of Tihar in west Delhi,

which is the largest and the most populated

prison in India with over 14,400 inmates. This

gym is mostly used by elderly prisoners facing

problems, like obesity or arthritis.

NOTE:

It is the first attempt by an Indian all-women crew to circumnavigate the

globe.

The expedition will cover Australia, New Zealand, Falklands and South

Africa.

It is expected to be completed by 160 days.


9600124042/ 9840097666 Page 63

GENERAL KNOWLEDGE

CHAIRPERSONS OF IMPORTANT COMMISSIONS

1. 14th Finance Commission Dr. Y.V. Reddy

2. 21th Law Commission Dr. Justice Balbir Singh Chauhan

3. Union Public Service Commission Shri David R. Syiemlieh

4. University Grants Commission Dr. VS Chauhan

5. Indian Space Research Organisation Shri A.S. Kiran Kumar

6. Atomic Energy Commission Dr. Sekhar Basu

7. National Human Rights

Commission

Justice HL Dattu

8. National Commission for Minorities Gairul Hasan Rizvi

9. National Commission for Women Smt Lalitha Kumaramangalam

10. National Commission for Protection

of Child Rights

Ms. Stuti Kacker

11. Securities Exchange Board of India Shri Ajay Tyagi

12. Central Board of Film Censors Shri Prasun Joshi

13. Central Board of Direct Taxes Shri Sushil Chandra

DEFENCE RELATED APPOINTMENTS

1. Supreme Commander of Armed Forces Shri Ram Nath Kovind

2. Defence Minister Sri Arun Jaitley

3. Minister of State for Defence Sri Subhash Bhamre

4. Chief of Army Staff General Bipin Rawat

5. Chief of Naval Staff Admiral Sunil Lamba

6. Chief of Air Staff Air Chief Marshall BS Dhanoa

7. Chief of Integrated Defence Staff Lt Gen Satish Dua

8. Director General, Indian Coast Guard DG Rajendra Singh

9. Chairman, Chiefs of Staff Committee Admiral Sunil Lamba

COMMISSIONERS

1. Chief Election Commissioner Shri Achal Kumar Joti

2. Chief Information Commissioner Shri RK Mathur

3. Central Vigilance Commissioner Shri KV Choudhary


9600124042/ 9840097666 Page 64

APPOINTMENTS RELATED TO LAW AND JUSTICE

1. Minister of Law and Justice Shri Ravi Shankar Prasad

2. Chief Justice of India Justice Jagdish Singh Khehar

3. Attorney General of India Shri KK Venugopal

4. Solicitor General of India Shri Ranjit Kumar

CHIEFS OF SPORTS BODIES

1. President, BCCI Vinod Rai (Interim)

2. DG, Sports Authority of India Shri Injeti Srinivas

3. President, Indian Olympic Association Shri Narayana Ramchandran

4. President, Hockey India Ms Mariamma Koshy

RBI

ESTABLISHMENT, NATIONALIZATION, ACCOUNTING YEAR

Establishment April 1, 1935 in Calcutta but permanently moved to

Mumbai in 1937

Nationalization on 1st January, 1949 on the basis of the Reserve Bank

of India (Transfer to Public Ownership) Act, 1948

Act which governs the RBI functions Reserve Bank of India Act, 1934

Act which governs the Financial sector Banking Regulation Act, 1949

Financial/Accounting year of RBI July to June

Financial/Accounting year of Companies April to March


9600124042/ 9840097666 Page 65

OBJECTIVES, FUNCTIONS AND ORGANIZATIONAL STRUCTURE

Basic objectives to regulate the issue of Bank Notes to keeping of reserves with a view to securing monetary stability in India to operate the currency and credit system of the country

Functions Formulation and execution of monetary policy, Foreign exchange and reserves management, Government debt management, (CG & SG) Financial regulation and supervision, Acting as banker to the banks and to the Government (CG & SG) RBI

RBI Organizational structure

Central Board of Directors Governor Deputy Governors Executive Directors Principal Chief General Manager Chief General Managers General Managers

Primary authority and responsibility for the oversight of the Reserve Bank is

Central Board

RBI chief executive The Governor is the Reserve Bank‟s chief executive. The Governor supervises and directs the affairs and business of the RBI

MONETARY POLICY

Responsibility of Conducting monetary policy

RBI is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the Reserve Bank of India Act, 1934

Primary objective Maintaining price stability while keeping in mind the objective of growth. Price stability is a necessary precondition to sustainable growth.

Announcement Bi-monthly

Inflation target Inflation target is set by the Govt. in consultation with RBI, once in every five years. Inflation target– is measured by the consumer price index-combined (CPI-C) Inflation target is 4% (+/-) 2% for the period from August 5, 2016 to March 31, 2021

6 members Monetary policy committee (MPC)

MPC will be constituted by the Central Government Following is the member of committee: RBI Governor- Chairperson, Deputy Governor of RBI, in charge of Monetary Policy One officer of the Reserve Bank of India to be nominated by


9600124042/ 9840097666 Page 66

the Central Board Other three members appointed by the CG: (will hold office for a period of four years) Shri Chetan Ghate, Professor, Indian Statistical Institute (ISI) Professor Pami Dua, Director, Delhi School of Economics; and Dr. Ravindra H. Dholakia, Professor, IIM, Ahmedabad

MPC function The Committee will determine the policy interest rate required to achieve the inflation target.

Monetary policy making

The MPC will meet at least four times in a year. The quorum for the meeting of the MPC is four members. Each member of the MPC has one vote, and in the event of an equality of votes, the Governor has a second or casting vote. The questions which come up before the MPC will be ecided by majority of votes by the members present in voting. The resolution adopted by the MPC will be published after conclusion of every meeting. On the 14th day, the minutes of the proceedings of the MPC will be Published

Monetary Policy Report

Once in every six months, the bank will publish a document called the Monetary Policy Report which will explain: Source of inflation; and Forecast of inflation for 6-18 months ahead.

INSTRUMENTS OF MONETARY POLICY

Direct Instruments

Cash Reserve Ratio (CRR)

CRR is a fixed percentage of demand and time liabilities (i.e. bank deposits) which banks must maintain as average daily balance with the RBI. Example: Suppose CRR rate is 3% and Bank has deposits of Rs. 100 crores then it has to deposit Rs. 3 crores with RBI.

Statutory Liquidity Ratio (SLR)

SLR is a fixed percentage of bank deposits which banks must maintain in safe and liquid assets, such as, unencumbered government securities, cash and gold. Changes in SLR often influence the availability of resources in the banking system for lending to the private sector. Higher the CRR and SLR, lower will be the liquidity in the system as Banks will have lesser money for providing loans. Example: Suppose CRR and SLR rate is 3% and 27% respectively. Bank deposits is Rs. 100 crores then bank can sanction loans upto 70 crores.

Indirect Instruments

Repo Rate (also called

The (fixed) interest rate at which the Reserve Bank provides short-term (overnight) liquidity


9600124042/ 9840097666 Page 67

Policy rate) to banks Reduction in Repo rate helps the banks to get money at a cheaper rate and increase in Repo rate discourages the banks.

Reverse Repo The (fixed) interest rate (currently 50 bps below the repo rate) at which the Reserve Bank absorbs short-term liquidity, generally on an overnight basis, from banks When RBI increases the reverse repo rate then Banks are attracted to deposit with RBI for higher return.

Bank Rate It is the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers. i.e. at which the Reserve Bank lends to banks for mediumterm purposes). Increase in the bank rate is the symbol of tightening of RBI monetary policy. (i.e. Dearer Monetary Policy) When RBI wants to increase liquidity in the market, it reduces bank rate. When RBI wants to decrease liquidity in the market, it increases bank rate.

Open Market Operations (OMO)

These include both outright purchase/sale of government securities for injection / absorption of durable liquidity, respectively. In OMO, RBI purchases (or sells) government securities to the general public to control the supply of money in the economy. In case of inflation, it sells the securities to control the flow of money.

Marginal Standing Facility (MSF)

A facility under which banks can borrow additional amount of overnight money from the Reserve Bank by dipping into their Statutory Liquidity Ratio (SLR) portfolio up to a limit (currently 2% of their deposits) at a penal rate of interest, currently 50 basis points above the repo rate. This provides a safety valve against unanticipated liquidity shocks to the banking system.

Market Stabilization Scheme (MSS)

The scheme envisages issue of cash management bills, treasury bills and/or dated securities to absorb excess liquidity arising from large capital inflows. Thus RBI sterilizes the economy against adverse external shocks. This operation of RBI is known as sterilization.


9600124042/ 9840097666 Page 68

SUBSIDIARIES OF RBI

Fully-owned Subsidiaries

National Housing Bank (NHB), Deposit Insurance and Credit Guarantee Corporation (DICGC), Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)

Others RBI also has a majority stake in the National Bank for Agriculture and Rural Development (NABARD).

GOVERNMENT SECURITY

Definition A Government security is a tradable instrument issued by the Central Government or the State Governments. It acknowledges the Government‟s debt obligation.

Short term securities maturity period of less than one year (e.g. treasury bills)

Long term securities maturity period of one year or more (e.g. Government bonds or dated securities with original).

Issue by CG Central Government issues both, treasury bills and bonds or dated Securities

Issue by SG State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs).

Gilt-edged securities Government securities carry practically no risk of default and, hence, are called risk-free gilt-edged securities

CASH MANAGEMENT OF GOVERNMENT

Minimum balance by CG

Central Government is required to maintain a minimum cash balance with the Reserve Bank. Currently, this amount is Rs.10 crore on a daily basis and Rs.100 crore on Fridays.

Minimum balance by SG

All the State Governments are required to maintain a minimum balance with the Reserve Bank, which varies from state to state depending on the relative size of the state budget and economicactivity.

Ways and Means Advances/Overdraft

To tide over temporary mismatches in the cash flow of receipts and payments, the Reserve Bank provides Ways and Means Advances/Overdraft to the State Governments

RBI PUBLISHES “PAYMENT AND SETTLEMENT SYSTEMS IN INDIA: VISION-2018”

Aims The Vision-2018 aims at building best of class payment and settlement systems for a „less-cash‟ India

5 Cs The broad contours of Vision-2018 revolve around 5 Cs – coverage, convenience, confidence, convergence and cost

4 strategic initiatives

To achieve these, Vision-2018 will focus on four strategic initiatives such as responsive regulation, robust infrastructure, effective supervision and customer centricity.


9600124042/ 9840097666 Page 69

SUMMITS & COMMITEES INDIA TO CONDUCT THE FIRST 'BIMSTEC DISASTER MANAGEMENT

EXERCISE- 2017' FROM OCTOBER 10-13

The First „BIMSTEC Disaster

Management Exercise- 2017‟

(BIMSTEC DMEx-2017) are

conducted by the National

Disaster Response Force

(NDRF) as the lead agency from

October 10-13, 2017 in Delhi and

the National Capital Region

(NCR).

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-Nutrition in the

country.

This conference is being organized keeping in mind the goal of “Malnutrition Free

India-2022”.

FIRST EVER INDIA MOBILE CONGRESS 2017

The Minister of Communication Shri Manoj Sinha launched DoT‟s first ever

Mobile, Internet, and Technology event in India

India Mobile Congress 2017 at Pragati Maidan, New Delhi.

It is Led by Department of Telecom as the nodal ministry, the India Mobile

Congress is being organized 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.

NOTE:

It is 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.


9600124042/ 9840097666 Page 70

7TH ASEM ECONOMIC MINISTERS MEETING HELD IN SEOUL, SOUTH

KOREA:

The 7th ASEM (Asia–Europe Meeting) Economic Ministers‟ Meeting was held

in Seoul, South Korea. Theme for this year‟s meeting was „Innovative Partnership

for Inclusive Prosperity‟.

The meeting was conducted under the Chairmanship of the Ministry of Trade,

Industry and Energy of the Republic of Korea. 51 member countries signed a

Joint Statement on Supporting the Multilateral Trade System.

INDIA-JAPAN ANNUAL SUMMIT

Prime Minister Narendra Modi

received

his Japanese counterpart Shinzo

Abe at Ahmedabad in Gujarat.

The 12th edition of the India and

Japan summit will be held in

Gandhinagar, Gujarat.

The two leaders will review the

recent progress in the multifaceted cooperation between India and Japan under the

framework of their „Special Strategic and Global Partnership.

NOTE:

The ASEM was established in 1996 as an economic cooperation council of 53

Asian and European countries. The organization is evaluated as an important

regional cooperation body that accounts for more than 60% of global trade as of

2015.

NOTE:

They will also attend a function to mark the commencement of work of

India‟s first high-speed rail project between Ahmedabad and Mumbai.


9600124042/ 9840097666 Page 71

ANNUAL CONFERENCE „RAJASWA GYAN SANGAM‟ IN NEW DELHI

Rajaswa Gyan Sangam, 2017 at

Vigyan Bhawan, New Delhi.

The conference, jointly organized by

the Central Board of Direct Taxes

and the Central Board of Excise

and Customs.

Objective:

To enable a two-way

communication between the policy-makers and senior officers in the field offices

with a view to increase revenue collection and facilitate effective implementation

of law and policies in key result areas

9TH BRICS SUMMIT HELD IN XIAMEN, CHINA

The 9th Brazil, Russia, India, China, South

Africa (BRICS) summit was held in Xiamen,

China.

The summit is hosted by China for the second

time after the 2011 Summit.

The theme of the 2017 BRICS Summit

is “BRICS: Stronger Partnership for a

Brighter Future”.

The four documents were signed in the presence of BRICS Leaders and they are

Strategic Framework of BRICS Customs Cooperation

BRICS Action Plan for Innovation Cooperation(2017-2020)

BRICS Action Agenda on Economic and Trade Co operation.

Memorandum of Understanding (MoU) between BRICS Business Council and

New Development Bank on Strategic Cooperation.

NITI AAYOG CONSTITUTES EXPERT TASK FORCE ON EMPLOYMENT &

EXPORTS

National Institution for Transforming India Aayog constituted an Expert Task

Forceto provide a major thrust to job creation by enhancing India‟s exports.

The NITI Aayog team is led by Vice Chairman Dr. Rajiv Kumar.

The 15-member 'Task Force on Employment and Exports' consists of secretaries

from various government departments, industry experts and economists.

NOTE:

The task force will give sector-specific recommendations in key employment

sectors for policy interventions and suggest measures to enhance trade in

services with high employment potential.


9600124042/ 9840097666 Page 72

FINANCE MINISTER CONSTITUTES GROUP OF MINISTERS

Finance Minister Arun Jaitley constituted a

Group of Ministers (GoM) headed by Bihar

Deputy Chief Minister Sushil Kumar Modi to

monitor and resolve the IT challenges faced in the

implementation of GST.

UNION GOVERNMENT RECONSTITUTES SIX COMMITTEES OF CABINET

The Union Government reconstituted six Committees of the Cabinet after recent

ministry reshuffle.

Railway Minister Piyush Goyal and Dharmendra Pradhan were also included as

permanent members of the Cabinet Committee on Economic Affairs (CCEA).

The six committees of Cabinet are

Appointments Committee of the Cabinet (ACC) - It is responsible for all

appointments of higher ranks in the Central Secretariat, Public Enterprises, Public

Enterprises and Financial Institutions.

Cabinet Committee on Accommodation (CCA) - It is responsible for the allotment

of accommodation for various top positions in the Government of India.

Cabinet Committee on Economic Affairs (CCEA): It deals with the activities

pertaining to the economics of the country.

Cabinet Committee on Parliamentary Affairs (CCPA): It looks into the matters

related to the progress of government business in the Parliament of India.

Cabinet Committee on Security (CCS): It is one of the most important committees

in India, it looks into the matters of defense expenditures and National Security.

NOTE:

It is assisted by the Chairman and Chief Executive Officer of Goods and

Services Tax Network (GSTN).

The Committees is set up in pursuance of the decision taken at the 21st

Meeting of GST Council held in Hyderabad.


9600124042/ 9840097666 Page 73

IMPORTANT INDEX INDIA RANKS 40TH IN 2017 GLOBAL COMPETITIVENESS INDEX

India placed at 40th spot among 137 countries

in World Economic Forum‟s (WEF) Global

Competitiveness Index (GCI) 2017-18.

The Top 5 Countries are Switzerland (1st),

United States (2nd), Singapore (3rd),

Netherlands (4th) and Germany (5th).

CSIR RANKED 9TH PUBLIC RESEARCH INSTITUTION OF THE WORLD

According to the Scimago Institutions ranking World Report 2017, India's largest

autonomous public organization Council of Scientific and Industrial Research

(CSIR) ranked ninth in the world.

LONDON TOPS IN 2017 GLOBAL FINANCIAL CENTRES INDEX

London topped in the 2017 Global Financial

Centres Index (GFCI) among 92 financial

centres released by the Z/Yen and China

Development Institute.

It was ranked at 60th position, up by three

positions compared to the previous edition.

INDIA WILL RANK TOP IN RETAIL DESTINATION IN 2017

India has replaced China as the top retail destination in 2017, as part of the global

retail development index.

According to India Retail Report 2017, over the past 12-15 months, 100 percent

cash and carry operations are gaining significance in India with Thailand's Siam

Makro being the latest entrant in this space following Metro, Walmart and

Booker.

NOTE: It is the only Indian organization which has found a place amongst the Top 100

Global Institutions.

The ranking was topped by the Chinese Academy of Sciences.

NOTE:

The index is a ranking of the competitiveness of financial centres based on an aggregate of indices from five key areas: business environment, the financial sector.


9600124042/ 9840097666 Page 74

APPOINTMENT BANWARILAL PUROHIT APPOINTED AS TAMIL NADU GOVERNOR

Banwarilal Purohit appointed as the Governor of

Tamil Nadu.

UN CHIEF APPOINTS FIRST UN ENVOY FOR OCEANS

The Secretary-General of UN Antonio Guterres has appointed the outgoing

president of the General Assembly.

Peter Thomson as the first special envoy for the oceans, seeking to galvanize

efforts to protect the world's seas.

He played a leading role at the first-ever U.N. conference on oceans.

U.N. spokesman Stephane Dujarric announced Thompson's appointment.

RAJIV MEHRISHI APPOINTED AS CAG OF INDIA

Senior IAS officer Rajiv Mehrishi appointed as the

next Comptroller and Auditor General (CAG) of India.

He succeeds Shashi Kant Sharma.

NOTE:

President Ram Nath Kovind appointed five new Governors for the states

including Tamil Nadu

Brig. (Dr) BD Mishra (Retd) as the Governor of Arunachal Pradesh.

Satya Pal Malik as the Governor of Bihar.

Banwarilal Purohit as the Governor of Tamil Nadu.

Prof Jagdish Mukhi as the Governor of Assam.

Ganga Prasad as the Governor of Meghalaya.

Devendra Kumar Joshi as the Governor of Andaman & Nicobar islands.


9600124042/ 9840097666 Page 75

SUNIL ARORA APPOINTED AS ELECTION COMMISSIONER OF INDIA

The Union Government appointed former

Information and Broadcasting

secretary Sunil Arora (61) as Election

Commissioner.

He will have a tenure of four years in the

Election Commission.

His appointment comes after former CEC

Nasim Zaidi‟s retirement in July 2017.

A.B. PANDEY APPOINTED AS INTERIM CHAIRMAN OF GSTN

The Unique Identification Authority of India‟s

(UIDAI) chief executive officer (CEO) A.B.

Pandey was appointed interim chairman of

the Goods and Services Tax Network

(GSTN).

GSTN‟s first chairman Navin Kumar.

NOTE:

GSTN is a section 8 non-government, private limited company, providing

information technology (IT) backbone and portal for registration and tax

returns under the GST regime

NOTE:

Election Commission of India(Article 324 ) o Currently has three members including Chief Election Commissioner (CEC). o They all are appointed by the President for a term which is fixed by the

President. o Tenure: The service conditions and tenure of office of CEC and Election

Commissioners for 6 years or till age of 65 years, whichever is earlier. o Power/salary: The CEC and election commissioners have equal power and

receive equal salary, allowances and other perquisites, which are similar to judge of Supreme Court.

o In case of difference of opinion amongst the Chief Election Commissioner and Election Commissioner, the matter is decided by the Commission by majority.


9600124042/ 9840097666 Page 76

NIRMALA SITHARAMAN TAKES CHARGE AS INDIA‟S DEFENCE

MINISTER

Nirmala Sitharaman, Union Minister of

Commerce and Industries took charge as the

country‟s new Defence minister in New Delhi.

RATHORE APPOINTED AS NEW SPORTS MINISTER

Rajyavardhan Singh Rathore is appointed as the

new Youth Affairs and Sports Minister.

INDIAN-ORIGIN CIVIL SERVANT J Y PILLAY APPOINTED SINGAPORE‟S

ACTING PRESIDENT

Indian-origin veteran civil servant

JY Pillay appointed Singapore‟s

acting President.

He replaces Tony Tan Keng

Yam who completed a six-year

term.

According to the report, this is the

first time the office has fallen vacant

since the elected presidency was

introduced in 1991.

NOTE:

She is the country‟s first full-time woman defence minister.

Former Prime minister Indira Gandhi also held the defence portfolio as an

additional charge.

NOTE:

The 47-year-old Rathore was up until now serving as the Minister of State for

Information & Broadcasting.

Rathore served as a commissioned officer in The Grenadiers regiment of the

Indian Army before retiring in 2013 as a colonel.

He was awarded the Padma Shri in 2005.


9600124042/ 9840097666 Page 77

NEW LIST OF CABINET MINISTERS AND THEIR PORTFOLIOS

Minister of Railways: Shri Piyush Goyal (also is the Minster of Coal)

Minister of Defence: Smt Nirmala Sitharaman (first woman to hold the post)

Minister of Water Resources, River Development and Ganga Rejuvenation: Shri

Nitin Gadkari (also is the Minister of Road Transport and Highways and Minister

of Shipping)

Minister of Drinking Water and Sanitation: Ms Uma Bharati

Minister of Commerce and Industry: Shri Suresh Prabhu

SHORT NEWS:

Senior bureaucrat Rajiv Kumar appointed Secretary in the Department of

Financial Services (DFS)

Y C Modi appointed as the new Director-General of National Investigation

Agency (NIA).

Anita Karwal is the next Chairperson of Central Board of Secondary Education

(CBSE)

Kenneth I. Juster, Deputy Director of the National Economic Council at the White

House nominated as the next U.S ambassador to India.

7 1 3 6 & - vetrii ias academy | best ias coaching centre in … · · 2017-10-26243 cauvery...

Documents