Current Affairs 4th January 2018 | Current Affairs 2018

Current Affairs 4th January 2018:

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CURRENT AFFAIRS: IMPORTANT DAYS

January 4-World Braille Day:

  • World Braille Day is annually celebrated on January 4, the birthday of Braille inventor, Louis Braille.
  • The day recognizes the contributions of Louis Braille in helping blind and visually impaired people to read and write.

CURRENT AFFAIRS: NATIONAL

Aadhaar Not Mandatory for Railway Ticket Booking:

  • Railway Ministry has said that Aadhaar is not compulsory for booking tickets for a rail journey, but added that its use is encouraged.
  • It also clearly tells that adding that there was no proposal to make it compulsory.
  • As of January 1, 2017, requirement of Aadhaar verification for booking concessional railway tickets for senior citizens has been introduced on voluntary basis
Railway Minister Piyush Goyal
Constituency Rajya Sabha from Maharashtra

Railways to standardize number of coaches in trains:

  • Indian Railways is planning to rationalize the number of coaches in trains to 22 or less.
  • The railways will be able to run more trains once the number of coaches has been standardized.
  • The move comes even as the national carrier has been drawing flak from the public for non-availability of tickets.
  • The number of coaches in a train now varies from 12 to 28, depending on factors such as number of trains on a route, festival rush, number of commuters, length of platforms and where the train would start and halt, etc.
USEFUL INFO
Ministry of Railways (Cabinet minister) Piyush Goyal
Constituency Maharashtra
Ministry of Railways (Minister of state) Manoj Sinha, Rajen Gohain

Nine days before youth festival, venue moved from Jaipur to Noida:

  • Just nine days before the opening ceremony of the 22nd National Youth Festival, the Centre has decided to move the festival venue from Jaipur to Noida.
  • The Nehru Yuva Kendra Sangathan (NYKS), the government organisation which conducts the annual festival, stated that: “Now we are looking at Noida as the alternate venue considering that there is little time for arrangements.” The event opens on January 12.

105th Science Congress to start at Manipur University in Imphal on March 16:

  • The 105th Indian Science Congress (ISC) will be held from March 16 to 20 at Manipur University in Imphal.
  • The dates were finalised at a meeting of officials of the Indian Science Congress Association (ISCA) and the Manipur government in Imphal. Chief Minister Biren Singh completes one year in office on March 15.
  • A four-member ISCA team, which includes ISCA president Achyuta Samanta, former president A K Saxena, Manoj Chakravarti and Ranjit K Verma, is in Manipur to oversee preparations. A website of this edition of the ISC was launched.
USEFUL INFO
Manipur Capital Imphal
Manipur Chief Minister N. Biren Singh
Manipur Governor Najma Heptulla

Cabinet approves Indo-Myanmar agreement on land border crossing:

  • Cabinet has approved the Agreement between India and Myanmar on Land Border Crossing.
  • The Agreement will facilitate regulation and harmonization of already existing free movement rights for people ordinarily residing in the border areas of both countries.
  • It will also facilitate movement of people on the basis of valid passports and visas which will enhance economic and social interaction between the two countries.
  • The Agreement is an enabling arrangement for movement of people across India-Myanmar border. It is expected to provide connectivity and enhance interaction of the people of North Eastern States of India with the people of Myanmar.
USEFUL INFO
Myanmar Capital Naypyidaw
Myanmar Currency Burmese Kyat
Myanmar President Htin Kyaw

CURRENT AFFAIRS: INTERNATIONAL

Sushma Swaraj 5-day visit to three countries:

External Affairs Minister Sushma Swaraj going to 5-day visit to three South East Asian countries – Thailand, Indonesia and Singapore.

Thailand:

On her 1st visit he goes to Thailand will hold an official meeting with Thai Foreign Affairs Minister Don Pramudwinai.

Thailand Capital Bangkok
Currency baht
PM Prayut Chan-o-cha

 

Indonesia:

On the second leg she visit to Indonesia, Ms Swaraj will going to attend the 5th meeting of India-Indonesia Joint Commission.

Indonesia Capital Jakarta
Currency rupiah
President Joko Widodo

 

Singapore

  • In Singapore, the External Affairs Minister will inaugurate the Regional Pravasi Bharatiya Divas of ASEAN countries.
  • She will have bilateral meetings with the leaders in Singapore.
Singapore Capital Singapore
Currency dollar
PM Lee Hsien Loong

India-Myanmar MoU on Land Border:

  • India and Myanmar signed MoU on the Land Border agreement, which will facilitate regulation and good communication of already existing free movement rights for people of both countries.
  • If the people has a valid passport and visa they can easily facilitate to travel between two countries.
Myanmar Capital Naypyidaw.
Currency kyat
PM Aung San Suu Kyi

Iceland becomes the first country to make it illegal to pay men more than women:

  • As the law is being enforced, both government offices and private business – which employ more than 25 staff – will have to obtain a special government certification on the equal pay policies, failing which, they could be fined.
  • Although similar provisions are available in places such as Switzerland or the US state of Minnesota, Iceland becomes the first country to make it compulsory.
USEFUL INFO
Iceland Capital Reykjavik
Iceland Currency Icelandic króna
Iceland President Guðni Thorlacius Jóhannesson

Pakistan test-fires naval cruise missile ‘Harba’:

  • The Pakistan Navy successfully test-fired the indigenously developed ‘Harba’ naval cruise missile after launching it from a newly commissioned fast attack vessel.
  • The missile is capable of hitting its target from surface to surface and ground assault.
  • The indigenously-built missile was launched from PNS Himmat and it successfully hit the target.
  • The missile accurately hit its target signifying the impressive capabilities of Harbah Naval Weapon System.
USEFUL INFO
Pakistan Capital Islamabad
Pakistan Currency Pakistani Rupee
Pakistan Prime Minister Shahid Khaqan Abbasi

CURRENT AFFAIRS: STATE

Center Announced Hyderabad As open Defecation Free:

  • Union Government’s The Swachh Bharat mission granted the ODF tag to Hyderabad.
  • This states is achieved after the Greater Hyderabad Municipal Corporation (GHMC) undertook measures like construction of 98 public toilets, including 24 toilets for women, urging petrol bunks and restaurants to allow public to use their toilets.
Andra Pradesh  Capital Hyderabad
CM Chandrababu nayadu
Governor E. S. L. Narasimhan

Haryana makes solar power plants mandatory for new buildings:

  • All new residential buildings built on a plot size of 500 square yards and above falling within limit of municipalities, including Haryana Urban Development Authority (HUDA) sectors, would have to install Solar Photovoltaic Power plant with a capacity of minimum 1 kilo watt in the houses which have sanctioned load up to 20 KW.
  • The owners would have to install a plant with a capacity of five per cent of the sanctioned electricity load, if the building has higher power consumption than of 20 KW.
  • All new private educational institutes, schools, colleges, hostels, technical or vocational educations institutes, universities having sanctioned load of 30 KW and above would have to install similar plant having capacity of minimum five kilo watt peak or five per cent of sanctioned load, whichever is higher.
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Haryana Capital Chandigarh
Haryana Chief Minister Manohar Lal Khattar
Haryana Governor Kaptan Singh Solanki

Hyderabad becomes second major city to be declared open defecation free:

  • Greater Hyderabad was declared an open defecation free (ODF) city by the Centre.
  • The Swachh Bharat Mission Directorate of the Ministry of Urban Development has also declared six other ULBs — Warangal Municipal Corporation (GWMC), Miryalguda, Jangoan, Bellampally, Mancherial and Sadashivpet — as ODF.
  • This will be big boost in the ranking of these cities in Telangana.
  • The tag, however, is valid only for six months after which a recertification process happens to ensure there is no slippage in maintenance of hygiene.
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Telangana Capital Hyderabad
Telangana Chief Minister K Chandrasekhar Rao
Telangana Governor E.S Lakshmi Narasimhan

Hyderabad gets its own ‘Art District’:

  • At the entrance of MS Maqtha is the sign in black and white about the Art District.
  • It is a colourful makeover for one of the most neglected parts of the city. It is Blue Chowk, Yellow Gully, Pink Gully at the MS Maqtha abutting Necklace Road station.
  • While last year, artists from across the country and world painted the side facing Necklace Road, this year St+Art Foundation took the inner streets of Maqtha for a makeover.
  • Maqtha Art District is the third art district in India after Lodhi Art District in Delhi and Mahim (E) Art District in Mumbai.

CURRENT AFFAIRS: BANKING AND ECONOMY

RBI Ordered Banks to Recalibrate ATMs With Rs.200:

  • Indian apex bank RBI orders all the banks to recalibrate ATM to install new Rs.200 for the more circulation of the denomination.
  • RBI introduced New Rs.200 Note in 25th August 2017
Image on Backside Sanchi Stupa
Dimensions 66 X 146 mm²
Colour bright yellow

Reserve Bank of India puts Allahabad Bank under prompt corrective action:

  • The Reserve Bank has put the lender under prompt corrective action framework post an on-site inspection of high NPAs and negative return of assets for fiscal 2016-17.
  • The RBI inspection has revealed high net NPAs (non performing assets) and negative ROA (return on assets) for two consecutive years.
  • For the fiscal 2016-17, the bank had trimmed its net losses to Rs 3.13 billion against Rs 7.43 billion in 2015-16.
  • The RBI has initiated similar action against other public sector banks, including IDBI Bank, Indian Overseas Bank and UCO Bank.
  • Last month, RBI had placed Bank of India under the PCA framework, following an on-site inspection under the Risk Based Supervision Model carried out for year ended March 2017.
  • The RBI in April had issued a new set of enabling provisions under the revised PCA framework with a clause that if the bank does not show improvement then it could be either be merged or taken over by other bank.
USEFUL INFO
Allahabad Bank Headquarters Kolkata
Allahabad Bank Tagline A tradition of trust
Allahabad Bank MD and CEO Usha Ananthasubramanian

Indiabulls Housing Finance raises Rs 1,000 crore from Yes Bank for affordable housing bond sale:

  • Mortgage lender Indiabulls Housing Finance (IBHF) has raised Rs 1,000 crore from private sector lender Yes Bank in the country’s maiden social affordable housing bond sale.
  • Money raised through the sale of the five-year bonds will be used exclusively for financing the affordable housing sector.
  • It can be noted that the government has set a target of ensuring that there is housing for all by 2022 and given a lot of thrust through incentives for the affordable housing segment.
USEFUL INFO
Yes Bank Headquarters Mumbai
Yes Bank Tagline Experience our Expertise
Yes Bank MD and CEO Rana Kapoor

SRL becomes 1st Indian diagnostic firm to hit ₹1000 crore revenue:

  • Diagnostics chain SRL Diagnostics had become the first Indian diagnostics company to surpass ₹1,000 crore in revenue in 2017.
  • SRL treats over 15 million patients annually in 600 cities across India.
  • The firm is also the lab partner for UNICEF’s Comprehensive National Nutrition Survey.

AP Grameena Bank unveils desktop ATM in rural India:

  • The Andhra Pradesh Grameena Vikas Bank (APGVB) has operationalised it’s first desktop ATM at Kasibugga in Mandi Bazar of Warangal in Telangana.
  • The mini ATM, within the branch premises, will facilitate customers to withdraw small amounts.
  • At the same time regular bank account holders can withdraw money and do other banking activities.
  • With these ATMs, there is neither the need for separate ATM kiosks nor security for the same.
  • It’s another IT initiative of the bank, which is the largest regional rural bank (RRB) sponsored by SBI. The initiative was launched on pilot basis.
USEFUL INFO
Andhra Pradesh Grameena Vikas Bank Headquarters Warangal, India
Andhra Pradesh Grameena Vikas Bank Tagline We are with you
Andhra Pradesh Grameena Vikas Bank Chairman V.Narasi Reddy

Indian Bank hikes FCNR (B) rates:

  • Indian Bank has raised the interest rates on foreign currency non-resident (banking) term deposits from January 1.
  • For FCNR (B) deposits in US dollar terms, the rate has been fixed at 2.89 per cent for deposits of one year and above but less than two years, from 2.77 per cent now.
  • For deposits of two years and above but less than three years, the rate has been increased to 3.08 per cent (2.92 per cent).
USEFUL INFO
Indian Bank Headquarters Chennai
Indian Bank Tagline Your Tech Friendly Bank
Indian Bank MD and CEO Kishor Kharat

SBI, NABARD tie up to promote joint liability groups in West Bengal:

  • State Bank of India and NABARD have signed an agreement with five NGOs in Bengal for the promotion of 2,500 joint liability groups (JLGs) in select districts of the State.
  • JLGs are informal groups of 4-10 members engaged in similar economic activities and willing to jointly undertake the responsibility to repay loans taken by the group from a bank.
  • They are typically credit groups of small or marginal tenant farmers who do not have a proper title of their farmland.
  • Through these JLGs, SBI plans to extend assistance to the financially excluded sections of the society, especially landless farmers in the districts of Purulia, Paschim Medinipur, Purba Medinipur, Burdwan and North 24 Parganas.

USEFUL INFO

State Bank of India Headquarters Mumbai
State Bank of India Tagline With you all the way ,Pure banking nothing else,The nation’s bank on us
State Bank of India Chairman Rajnish Kumar
NABARD Headquarters Mumbai
NABARD Chairman Harsh Kumar Bhanwala

Current Affairs Today: SCIENCE

1st Blue Moon total lunar eclipse in 152 years to occur in January:

  • For the first time since 1866, a total lunar eclipse will coincide with the second full moon of a calendar month, often called a Blue Moon, which will occur on January 31.
  • NASA has dubbed the event a ‘super blue blood’ Moon owing to its blood-red colour during the lunar eclipse and the full moon also being a supermoon.

CURRENT AFFAIRS: DEFENCE

India Cancels Israel’s Defence Deal:

  • India cancelled a $500 million deal to develop Spike anti-tank guided missiles and expressed regrets over this decision.
  • India had planned to acquire the ATGMs for the Army at a cost of $500 million.
  • The Indian defence ministry has been strongly pushing for transfer of technology in procuring various weapons and other platforms from foreign defence majors.

Pakistan successfully tested naval cruise missile ‘Harba’:

  • Pakistan Navel successfully tested its indigenously built cruise missile ‘Harba’.
  • The missile is capable of hitting its target from surface to surface and ground assault
  • The missile accurately hit its target signifying the impressive capabilities of Harbah Naval Weapon System
Pakistan Capital Islamabad
Currency Rupees
President Mamnoon Hussain

Current Affairs Today: OBITUARY

Vocalist Radha Vishwanathan dead:

  • Carnatic vocalist Radha Vishwanathan, daughter of M.S. Subbulakshmi, who accompanied the legendary queen of music for nearly 5 decades on stage died in Bengaluru. She was 83.
  • Radha had shifted base from Chennai more than a decade ago and came down to Bengaluru to stay with her son, and continue teaching music to her grand-daughter S. Aishwarya who was taking forward her legacy.

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