Daily GK Update 4 , 5 & 6 July 2017

National News

Sushma Swaraj inaugurated the 9th edition Delhi Dialogue

9th edition of Delhi Dialogue.The theme for Delhi Dialogue 9 is ‘India-ASEAN relations: Charting the Course for the Next 25 Years’

AFSPA in Nagaland extended for six months

  • Dr Shurhozelie Liezietsu is Chief Minister of Nagaland.
  • Padmanabha Balakrishna Acharya is governor of Nagaland.
  • AFSPA which was enacted in 1958 amid the nascent Naga insurgency, gives powers to the army and state and central police forces to shoot to kill, search houses and destroy any property that is “likely” to be used by insurgents in areas declared as “disturbed” by the home ministry

President legalises ‘Kambala’ buffalo races in Karnataka

  • Kambala is an annual Buffalo Race held traditionally under the sponsorship of local landlords and households, in coastal Karnataka, India.
  • Vajubhai Vala is Governor of Karnataka.

Govt launches e-bidding portal for domestic coal-based IPPs

The Ministry of Power launched a portal for optimum utilization of domestic coal by independent power producer (IPP). An official statement said this web portal would save the consumer close to Rs. 20,000 crore five years down the line.

Acc. to Union Minister Piyush Goyal, with the help of this portal, Producers can reduce power costs by 10 paise per unit by rationalizing coal supply made possible through the e-bid portal.

  • Piyush Goyal is the present Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines in the Government of India.

International  News

The indigenously developed Quick Reaction Surface-to-Air (QRSAM) Missile successfully test fired 

The missile has a strike range of 25 km to 30 km. Designed to be a quick reaction missile, it involves an all- weather weapon system capable of tracking and firing. The missile was test-fired from a truck-mounted canister launcher from launch complex-3 at the Integrated Test Range (ITR) at Chandipur, Odisha.


Indo-Thailand joint military exercise begins in Himachal Pradesh

The joint exercise of the Indian Army with the Royal Thailand Army commenced at Bakloh in Chamba district
The aim of this exercise is to build and promote closer relations while exchanging skills and experiences between the two armies. ‘Exercise Maitree 2017’ is a continuation of a series of joint exercises between the Indian Army and the Royal Thailand Army.

  • A joint training exercise between the Indian Army and the Royal Army of Oman named Al Nagah-II 2017 also held in Himachal Pradesh in March 2017.
  • Bangkok is the capital of Thailand.
  • Its currency is Thai baht.

 Trilateral Malabar exercise to kick off on July 10

The Malabar naval exercise involving Indian, American and Japanese navies will kick start on July 10 in the Bay of Bengal
The aim of the Malabar exercise is to achieve deeper military ties and greater interoperability among the three navies in the strategically-important Indo-Pacific region. India and the US have regularly conducted the annual exercise since 1992.

  • Admiral Sunil Lanba is the Chief Naval Officer of Indian Navy. 
  • Yutaka Murakawa is the Chief of Staff of Japan Maritime Self-Defense Force (JMSDF).
  • Chief of Naval Operations (CNO) of American Navy is Admiral John M. Richardson

India scores well on FSB reform report card to G20

The Financial StabilityBoard (FSB), an international body for the global financial system, has placed India in the league of countries that are ‘compliant or largely compliant’ on the implementation of priority area reforms. Ahead of the G20 Summit in Germany to be attended by Prime Minister Narendra Modi, among other world leaders, the FSB has submitted its status report on progress in financial regulatory reforms in various jurisdictions, including India.
The report listed India as a ‘compliant’ jurisdiction with regard to Basel  reforms in risk-based capital and as ’largely compliant’ on liquidity coverage ratio. Other countries that have been found to be ‘compliant or largely compliant’ on these metrics include Argentina, Australia, Brazil, Canada, China, Hong Kong, Indonesia, Japan, Mexico, South Korea, Russia, Singapore, South Africa, Switzerland, Turkey and the US. At the same time, France, Germany, Italy, the Netherlands, Spain and the UK have been found to be ’materially non-compliant’ on at least one parameter.

  • The FSB was established in April 2009 as the successor to the Financial Stability Forum (FSF).
  • Financial Stability Board (FSB) Secretariat in Basel, Switzerland.

TERI ranked second among world’s climate think tanks

An international body which focuses on climate policies has ranked The Energy Resources Institute (TERI) among the top think tanks in the world. TERI was ranked number two by the International Center for Climate Governance (ICCG).

The New Delhi-based think tank was ranked under the category ‘2016 Top Climate Think Tanks in the Rest of the World–Absolute Global Rankings’during ICCG’s 23rd annual conference of the European Association of Environmental and Resource Economists (EAERE) in Athens in Greece.

  • The Director General of TERI is Ajay Mathur.

seven agreements were signed between India and Israel
in sectors ranging from agriculture to water conservation and space as they sought to deepen ties beyond high-priced defence deals.

  • Benjamin Netanyahu is the PM of Israel.
  • The Capital of Israel is Jerusalem.
  • Israeli new shekel is the Currency of Israel.
  • PM Modi’s visit marks 25 years since India and Israel established diplomatic relations.

New Israeli flower named after PM Modi
Israeli Crysanthumun flower will now be called “MODI”.

  • Benjamin Netanyahu is the PM of Israel.
  • The Capital of Israel is Jerusalem.
  • Israeli new shekel is the Currency of Israel.

Banking & Economic

ICICI Bank terminates joint venture agreement with Fairfax

, Fairfax Financial Holdings had increased its stake in the Indian insurance firm to 35 percent by picking up an additional 9 per cent stake in ICICI Lombard for about Rs. 1,600 crore. The Insurance Regulatory and Development Authority of India (IRDAI) has already given its initial approval to Fairfax’s new insurance venture

The Centre and Asian Development Bank (ADB) has signed a 220 million dollar loan for improving connectivity State Highways of Rajasthan

  • The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
  • Takehiko Nakao is present president of the Asian Development Bank.
  • Manila, Philippines is headquarters of ADB.

 Unions to observe July 19 as ‘Save public sector banks’ day

The United Forum of Bank Unions has decided to observe July 19, the 48th anniversary of nationalization of major banks, as ‘Save public sector banks’ day.

  • The Government of India issued an ordinance and nationalized the 14 largest commercial banks with effect from the midnight of 19 July 1969.
  • K.K.Nair is General Secretary of Indian National Bank Officers Congress.


 Appointments &  Resign

Achal Kumar Joti to be the next Chief Election Commissioner

Mr Joti will have a tenure of less than 10 months as ECs demit office at the age of 65.

  • Election Commission of India is a permanent Constitutional Body. 
  • The Election Commission was established in accordance with the Constitution on 25th January 1950.
    The National Voters’ Day is celebrated every year on 25th January.

Himachal Pradesh DGP Sanjay Kumar appointed new NDRF chief

Himachal Pradesh director general of police (DGP) Sanjay Kumar has been appointed as the new chief of the National Disaster Response Force (NDRF).

  • NDRF was formed in 2006.
  • It is headquartered in New Delhi.

Pradeep Kumar Rawat appointed as the next Ambassador of India to Indonesia

Pradeep Kumar Rawat  presently a Joint Secretary in the Ministry of External Affairs (MEA), has been appointed as the  next Ambassador of India to Indonesia

  • The capital of Indonesia is Jakarta.
  • Joko Widodo is the current president of Indonesia.

N Chandrasekaran appointed as Chairman of Tata Global Beverages Limited

Tata Global Beverages Ltd. appointed Natarajan Chandrasekaran as the Chairman of its board with immediate effect. Chandrasekaran will succeed Harish Bhat.

  • Natarajan Chandrasekaran is also head of  Tata Sons.
  • Harish Bhat was appointed in place of former Tata Sons chairman Cyrus Mistry in November 2016.

 Summit &Joint Committee

5th Meeting of BRICS Education Ministers held in China

Meeting of BRICS Ministers of Education was held in Beijing, China. The Indian delegation was led by Shri Prakash Javadekar, Minister of Human Resource Development, India.

ii. Javadekar highlighted some of the initiatives of the Govt. of India in education. He specifically spoke about the National Institutional Ranking Framework (NIRF), SWAYAM platform which has already hosted over 480 courses online, research initiative IMPRINT and Smart India Hackathon

  • Brazil, Russia, India, China, and South Africa are the five-member Nations of BRICS.
  • It was established in 2009.\

AIIB approves USD 329 mn loan to build roads in Gujarat

China-based Asian Infrastructure Investment Bank (AIIB) announced its approval to a $329 million loan to build access roads across 4,000 villages in Gujarat.
The funds have been approved to construct road linkages for last-mile connectivity to schools and tribal areas in 33 districts of the state.

  • Jin Liqun is present president of the Asian Infrastructure Investment Bank (AIIB).
  • Beijing, China is headquarters of AIIB.

10th Session of the India- Jordan Trade and Economic Joint Committee held in New Delhi

The 10TH India-Jordan Trade and Economic Joint Committee (TEJC) Meeting was held in New Delhi under the co-chairs of Smt. Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry, (India) and Mr. Yarub Qudah, Minister of Industry, Trade and Supply (Jordan).

  • Amman is the Capital of Jordan.
  • The currency of Jordan is Jordanian dinar.


Pankaj Advani-led Indian team beat Pakistan to clinch Asian Snooker Championship

India’s leading cueist Pankaj Advani teamed up with Laxman Rawat to demolish Pakistan in the final of the Asian Team Snooker Championship in Bishkek, Kyrgyzstan. Advani pieced together a brilliant break of 83 to seal the first tie of the best-of-five final.

  • Bishkek is the Capital of Kyrgyzstan.
  • The Currency of Kyrgyzstan is Kyrgyzstani som.
  • The President of Kyrgyzstan is Almazbek Atambayev.

Daily GK Update 7 & 8-Jul-17

Daily GK Update 1, 2 & 3-Jul-17

Add a Comment

Your email address will not be published. Required fields are marked *