Current Affairs Today – August, 28th, 2017 | Latest News and Updates

INDIAN AFFAIRS

Jammu and Kashmir government to set up Eco-Park in Rajouri district

Jammu and Kashmir government to set up Eco-Park in Rajouri district

  1. The Jammu and Kashmir government has decided to create and develop the Eco-Park that is spread over the 34 acres of land and that will be decided to create the state’s Rajouri district, an official said today.
  2. In this region, this park is the one of the self-project. In this there will be the botanical garden, a cactus garden, a cafeteria and other amenities, he said.
  3. In this project there will be the nearly, 34 acres of land has been included in the Eco- Park project coming up at the Kandi belt of Rajouri, district administration officials said.
  4. “The project has been planned under the convergence of local resources and it is expected to be completed by end of this year,” the official said.

KEYS:

  1. Jammu and Kashmir is a state in northern India, often denoted by the acronym J&K
  2. It is located mostly in the Himalayan mountains, and shares borders with the states of Himachal Pradesh and Punjab to the south
  3. Districts: 22
  4. Chief minister: Mehbooba Mufti Sayeed
  5. Capitals: Srinagar (Summer), Jammu (Winter)

 

American Ship USS Pearl Harbor arrived India as part of Defense cooperation

American Ship USS Pearl Harbor arrived India as part of Defense cooperation

  1. In the first visit of the American USS ship to the India, American Navys amphibious dock landing ship USS Pearl Harbor arrived in Goa on Saturday as the parts of the defence cooperation between the two countries. USS Pearl Harbor is a Whidbey Island-class amphibious dock that is the ship pof the landing of the 700 sailors and marines.
  2. The 15th Marine Expeditionary Unit (MEU), this is the one of the seven expendituray of the US Marine Corps, has also come to Goa as part of the trip. “We are thrilled by the opportunity to visit India,” said Theodore Essenfeld, USS Pearl Harbors commanding officer.
  3. Theodore Essenfeld, USS Pearl Harbors commanding officer also said the sailors and marines of Pearl Harbor were looking forward to experiencing the culture and traditions of India while strengthening the US Navys long-standing partnership with the Indian Navy.
  4. USS Pearl Harbor was developed and has launched on February 24, in the year 1996, and commissioned on May 30th, 1998. The ship is based in San Diego, California.

KEYS:

  1. The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean
  2. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC.
  3. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles’ Hollywood is famed for filmmaking
  4. Capital: Washington, D.C.
  5. Dialing code: +1
  6. President: Donald Trump

 

Arun Jaitley launches BEML’s ultra-modern metro manufacturing facility

  1. Defence Minister Arun Jaitley on Sunday has launched BEML’s third Line ultra-modern metro manufacturing facility for the acceleration in the production of metro cars for the forthcoming metro projects in India.
  2. Before this he has also launched and installed the development of the great and huge diesel excavator BE1800D and crawler dozer BD475-1 and T-72 hull, that has been fit in the tank, at Kolar Gold Fields (KGF) unit of Bharath Earth Movers Limited.
  3. After this many of the leader of the many of the organisation including the Kolar MP Muniyappa submitted memoranda against disinvestment of BEML. To speak in the report of the media, Muniyappa said he will meet Prime Minister Narendra Modi soon to convince him against it.
  4. BEML has installed the manufacturing and supply of hi-tech metro cars during 2002 and as a leading rolling stock supplier has so far supplied over 1,000 metro cars to Delhi, Bengaluru and Jaipur Metro Corporations.

 

INTERNATIONAL AFFAIRS

US imposes financial sanctions on Venezuela

US imposes financial sanctions on Venezuela

  1. The Trump administration has been created the new economic sanctions on Venezuela on Friday, and by this there is the most pressure on the government of President Nicolás Maduro for increasingly repressive policies.
  2. “The illegal measures President Donald Trump took today against the Venezuelan people simply violate international law,” Maduro said Friday. “They ratify an imperial path of aggression against Venezuela.”
  3. “Maduro may no longer take advantage of the American financial system to facilitate the wholesale looting of the Venezuelan economy at the expense of the Venezuelan people,” US Treasury Secretary Steven Mnuchin said at the White House.
  4. “We’ll have to endure sacrifices but we must safeguard the country and sovereign motherland in order to break the blockade,” US Treasury Secretary Steven Mnuchin said at the White House
  5. “It will bolster his discourse that Venezuela is the target of an economic war,” said Smilde, who supports Friday’s more limited sanctions.
  6. “At this point, our view is that the country can scrape by without defaulting this year, largely with the help of Chinese and Russian backing and by further squeezing imports. Next year is a toss-up,” said Raul Gallegos, an analyst with the consultancy Control Risks.

KEYS:

  1. The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean
  2. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC.
  3. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles’ Hollywood is famed for filmmaking
  4. Capital: Washington, D.C.
  5. Dialing code: +1
  6. President: Donald Trump

 

Trump bans transgender recruits from US military

Trump bans transgender recruits from US military

  1. President Donald Trump has created the agreement of the signed presidential memo directing the Pentagon for the avoid the transgender people from joining the US military, following through on a policy he announced on Twitter back in July.
  2. “The President’s order to remove transgender service members from the United States armed forces and deny them healthcare is nothing less than a purge,” Matt Thorn, executive director of OutServe-SLDN, a group dedicated to LGBT equality in the military, said in a statement.
  3. “Our military is strongest when all people who are fit to serve have the opportunity to do so. This unprecedented policy amounts to a purge of qualified, contributing troops, and will serve only to undermine unit cohesion and weaken military readiness,” said Jennifer Levi, an official at the gay rights group GLAD (GLBTQ Legal Advocates & Defenders) in a statement.
  4. “Every governmental policy must have at a minimum some legitimate basis. That is so plainly lacking here,” Shannon Minter, the NCLR’s lead attorney for this case (who is transgender himself), told me in an interview. “The policy that the president intends to impose would single out a disfavored group for discriminatory treatment.”
  5. Eugene Fidell, a military justice expert at Yale Law School, has given the permission of the branch usually wins cases involving the government’s decisions to hire and fire people. “The tendency of federal courts is to defer to executive decision-making on military personnel issues,” he said. “The hardest thing courts have to do is to tell the government it must retain someone it doesn’t want to keep.”

KEYS:

  1. The United States Armed Forces are the federal armed forces of the United States. They consist of the Army, Marine Corps, Navy, Air Force, and Coast Guard
  2. Budget: 597 billion USD (2015, ranked 1st)
  3. Headquarters: Arlington County, Virginia, United States
  4. Founded: 14 June 1775
  5. Minister of defense: James Mattis
  6. Service branches: United States Army

 

Pakistan visit of top US diplomat overseeing South Asian affairs, postponed

Pakistan visit of top US diplomat overseeing South Asian affairs, postponed

  1. The traveling to the US official in the seams of the South Asian affairs to Pakistan has been postponed, the Foreign Office said today, and in this there is the issues are seeing that the Islamabad was still evolving a response to Trump administration’s new Afghan strategy.
  2. Alice Wells, the acting assistant secretary of state for South and Central Asian Affairs and acting special representative for Afghanistan and Pakistan, has been planned for the visit Islamabad next week, but the visit has been put off by the Pakistan government “until a mutually convenient time.”
  3. The Pakistan government has given the work to the Foreign Minister Khawaja Asif to for the support for the friendly countries. It is expected that he is going to visit China, Russia and Turkey next week in the first phase of the country’s regional diplomatic outreach.
  4. Pakistan Prime Minister Shahid Khaqan Abbasi on Wednesday has gone to the Saudi Arabia and held talks with Crown Prince Mohammad bin Salman.
  5. The Pakistan-US has been given the new report to the Gen John Nicholson, the top US commander in Afghanistan, claimed in a TV interview that his country was aware of Afghan Taliban leaderships presence in Peshawar and Quetta.

KEYS:

  1. Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia and on junction of West Asia, Central Asia and East Asia
  2. It is the fifth-most populous country with a population exceeding 207 million people
  3. Capital: Islamabad
  4. Currency: Pakistani rupee
  5. Prime minister: Shahid Khaqan Abbasi
  6. President: Mamnoon Hussain

 

                          

BANKING & FINANCE

Govt. notifies changes in Banking Regulation Act

Govt. notifies changes in Banking Regulation Act

  1. The government has given the notification to the Banking Regulation (Amendment) Act in which there can be the authorisation of the RBI for the issues of the directions to banks to initiate insolvency resolution process to recover bad loans.
  2. The banking sector has been giving the some of the non-performing assets (NPAs) of over Rs. 8 lakh crore, in which there is the Rs. 6 lakh crore is with public sector banks (PSBs). In the starting of this month, Parliament has given the approval of the Act, which replaced an ordinance in this regard.
  3. The government in May had promulgated an ordinance authorising the Reserve Bank of India (RBI) for the release of the direction to the banks to initiate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
  4. By the terms of the balancing the governance, the RBI had identified 12 accounts each having more than Rs. 5,000 crore of outstanding loans and accounting for 25 per cent of total NPAs of banks for immediate referral for resolution under the bankruptcy law.

 

IRDAI launches central database of insurance sales persons

IRDAI launches central database of insurance sales persons

  1. The Insurance Regulatory and Development Authority of India (IRDAI) has been inaugurates the Central Database of all Insurance Sales Persons in the country.
  2. Christined as `Envoy’, the database that will give the insurance to all the licensed insurance sales persons working for insurers and intermediaries including like the terms insurance agents, broker qualified persons, specified persons of corporate agents, authorised verifiers of web aggregators, point of sales persons (POS) etc do not work with multiple insurers and intermediaries in the same business category.
  3. At this time there is the, Envoy covers POS, specified persons of corporate agents, qualified persons of insurance brokers and authorised verifiers of web aggregators.

KEYS:

  1. The Insurance Regulatory and Development Authority of India is an autonomous, statutary agency tasked with regulating and promoting the insurance and re-insurance industries in India
  2. Website: irdai.gov.in
  3. Founded: 1999
  4. Sector: Insurance
  5. Headquarters: Hyderabad
  6. Agency executive: T.S.Vijayan (Chairman)
  7. Type: Statutory corporation

Tata Sons names Roopa Purushothaman as Chief Economist & Head of Policy Advocacy

Tata Sons names Roopa Purushothaman as Chief Economist & Head of Policy Advocacy

  1. Tata Sons has announced the Roopa Purushothaman as Chief Economist and Head of Policy Advocacy, she will join the goup of the company from the September 1, 2017.
  2. “In her role, Purushothaman will drive macroeconomic research as well as all policy and advocacy initiatives as relevant to the businesses of the Tata group,” Tata Sons said in a statement.
  3. “In her long-standing career, Purushothaman has published research papers covering a wide range of topics, including the path-breaking research on BRIC countries,” the statement said.
  4. Tata Sons executive chairman N Chandrasekaran said, “Roopa’s deep knowledge on economic matters and trends, public policy and advocacy will be extremely valuable. Her passion and engagement in the social sector will help her widely contribute to the community initiative.”
  5. Purushothaman said: “The Tata group is a one-of-a-kind institution that plays a pivotal and multi-faceted role in India’s economic development. To be part of this group, during this period in India’s growth story, is truly a unique opportunity.”

KEYS:

  1. Tata Sons Limited is the holding company of the Tata Group and holds the bulk of shareholding in these companies
  2. It was established as a trading enterprise in 1868
  3. Founder: Jamsetji Tata
  4. Founded: 1868
  5. Headquarters: Mumbai
  6. Key person: Natarajan Chandrasekaran
  7. Subsidiaries: Vistara, Tata Sky, TATA AIG, Tata Advanced Systems
  8. Type of business: Privately held company

 

 

Science and Technology

NPCI approves Spice Digital’s operation under Bharat Bill Payment System

NPCI approves Spice Digital’s operation under Bharat Bill Payment System

  1. The National Payments Corporation of India (NPCI) has given the approval to the Spice Digital Ltd. for processing bill payments under the Bharat Bill Payment System (BBPS) as a Bharat Bill Payment Operating Unit (BBPOU).
  2. The BBPS by its main digitalized bill payment system has been given the permission to the user that the single website or outlet to pay all their monthly or repetitive bills such as mobile phone and electricity.
  3. “BBPS initiative will provide a major push to digital payments as it is a big step forward in formalising the bill payment system in the country. Leveraging on enabling infrastructure, technology and standards of Bill Payment System (BBPS) we are increasing acceptance channels especially physical through an assisted mode,” said Saket Agarwal, Global CEO, Spice Digital.
  4. “It gives us a great deal of satisfaction that under BBPS we have empowered our 45,000 agent network to offer bill payments of utility comprising of electricity, telecom, DTH, water and gas by giving a convenient O2O experience to the customers”, said Saket.

KEYS:

  1. National Payments Corporation of India is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services
  2. Headquarters: Mumbai
  3. Founded: 2008
  4. Number of employees: 1,000
  5. Type of business: Section 8 Company
  6. Key person: M. Balachandran

SPORTS

Sports Minister announces first edition of Gramin Khel Mahotsav

Sports Minister announces first edition of Gramin Khel Mahotsav

  1. Union Minister of Youth Affairs and Sports Minister shri Vijay Goel on Sunday has did the announcement of the first edition of Rural Games or Grameen Khel Mahotsav will kick-start from Delhi and that has been going to start between 28th August to 3rd September, 2017.
  2. The Rural Games creating the aim on the famous games like the games like wrestling, athletics etc. and will also have fun games like Matka Race, Tug of War for senior citizens to add the fun element in the games.
  3. Interacting with the media shri Goel said, “A Grameen Marathon marked the beginning of the Rural Games fever with participation of 16000 youth from rural Delhi. In the first stage, the games will be held in Alipur, Mehrauli, Nangloi, Najafgarh and Shahadara where 10000-12000 youngsters will participate and the second stage will commence on 31st August till 01 September 2017 which will have inter-block games.”
  4. Shri Goel further stated,”The Ministry of Youth Affairs and Sports will also urge various State governments to replicate these Rural Games in their respective states and create a mass sporting event across India enabling grassroots level players and talented youngsters to showcase their talent.”

KEYS:

  1. The Ministry of Youth Affairs and Sports, a branch of the Government of India, which administers Department of youth affairs and Department of Sports in India
  2. The ministry also overlooks the organisation of Commonwealth 2010 games
  3. Website: yas.nic.in
  4. Jurisdiction: India
  5. Headquarters: Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi – 110 001
  6. Minister of state independent charge: Vijay Goel
  7. Programs: National Service Scheme, National Youth Festival,
  8. Departments: Department of Sports, Department of Youth Affairs

 

World Badminton Championship: PV Sindhu claims silver after gruelling, epic final

World Badminton Championship: PV Sindhu claims silver after gruelling, epic final

  1. Ace Indian shuttler PV Sindhu has been chosen for the silver after losing 19-21, 22-20, 20-22 to Nozomi Okuhara of Japan in the hard fight battle of the World Badminton Championships at Glasgow in Scotland on Sunday.
  2. On her opponent she said, “Well, she was never easy but each time we play against each other, as I said, it’s never easy. This was a tough game with tough rallies going on, and we never left any shuttle from either side. I never took her easy. I was prepared for the match to be really long, but unfortunately I lost. It wasn’t my day.”
  3. On the 73-shot rally in the second game she said, “I don’t feel that particular rally was a big rally. Every rally was equally long and there were too many shots from both sides. She was tired, I was tired but still we were falling this side and that. Overall, it was a good match. I just have to say this. It was a good match, but just not my day.”
  4. On the physical challenge of such long rallies at term she said, “I think when it came to the third game, both of us didn’t leave [anything] because it’s a World Championships match. Each point was equally important … it was like 13-12, 13-13, 14-13, 14-14 … so we were both really fighting hard. I always believed in myself, that I could do it. I think from her side she too would have believed in herself. After 20-20 you never know, and it was anybody’s game.”

 

AWARDS & RECOGNITION

BAI announces cash awards for PV Sindhu, Saina Nehwal

BAI announces cash awards for PV Sindhu, Saina Nehwal

  1. Badminton Association of India (BAI) interim President Himanta Biswa Sarma on Sunday has given the announcemnet of the cash awards for 2017 World Championships medallist pair of P.V. Sindhu and Saina Nehwal.
  2. Sarma said in the statement that there will be the awards of the cash of Rs 10 lakh for Sindhu, who has won the silver medal and Rs 5 lakh for Saina’s bronze medal-winning feat in Glasgow.
  3. “I am glad that this is the first time India had a record breaking participation at the World Championships and getting two medals from a single world championship is unprecedented but our players have made it possible,” Sarma told IANS immediately after Sindhu went down to Japan’s Nozomi Okuhara 19-21, 22-20, 20-22 in a gruelling final that lasted an hour and 50 minutes.
  4. “I want to congratulate both Saina and Sindhu on their medal winning performances and the Coaching staff for their efforts,” he added.

KEYS:

  1. Sport- Badminton
  2. Jurisdiction- India
  3. Abbreviation- BAI
  4. Founded- 1934
  5. Headquarters- Lucknow
  6. President- Dr. Himanta Bishwa Sarma

 

OBITUARY

Tobe Hooper, Director of ‘The Texas Chain Saw Massacre,’ Dies at 74

Tobe Hooper, Director of 'The Texas Chain Saw Massacre,' Dies at 74

  1. Tobe Hooper, who was the horror director best known for the best film “The Texas Chain Saw Massacre” and “Poltergeist,” has been died on Saturday Sherman Oaks, Calif at the age of 74 years.
  2. Hooper said, “I figured I was paying two bucks a ticket, a dollar and a half a ticket, and I was getting about 10 cents’ worth of scare,” he said in “Masters of Horror,” a 2002 documentary. Then a friend steered him to “Night of the Living Dead,” the 1968 film by George A. Romero (who died last month).
  3. Romero said, “I was kind of freaking, just wanted to get out of there, get out of the crowd,” he said in the documentary. “And so I found myself in front of a chain-saw display in the hardware department, and that’s where the idea came from — ‘Well, if I pick this damn thing up and start it, they’ll part like the Red Sea and I can get out of here.”
  4. Romero said, “The girl on the meathook,” he said in the documentary, defending this position, “when I pan down her body to show the washtub underneath, it is obviously to catch a lot of fluid. There’s nothing dripping from her. It’s just, you put it together in your mind.”

IMPORTANT DAYS

28th August 1896: Renowned Contemporary Urdu Poet Firaq Gorakhpuri is Born

28th August 1896: Renowned Contemporary Urdu Poet Firaq Gorakhpuri is Born

  1. On 28th August in the year 1896, has been stated that the Urdu poet Firaq Gorakhpuri has been born in Gorakhpur, Uttar Pradesh.
  2. This great and best poet has been died on 3rd March in the year 1982 in New Delhi, by the long time of the illness. The he was at the age of 85 at the time.
  3. Throughout his life Gorakhpuri was honoured with many awards, such as; Sahitya Akademi Award in Urdu (1960), Padma Bhushan (1968), Soviet Land Nehru Award (1968), Jnanpith Award (1969), Sahitya Akademi Fellowship (1970) and the Ghalib Akademi Award (1981).

 

Sandeep Kumar

Hi Guys, I am Sandeep Co-founder of IASpaper and UPSCToday Staying in Mumbai (India) and pursuing graduation in Computer Science and Engineering from Mumbai University. I love helping Aspirants. You may join me on Facebook

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