Daily Current Affairs Updates – 18th August 2017

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Important Daily Current Affairs Updates – 18th August 2017:

Dear Readers, Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

 

STATE

Karnataka Launches ‘Indira Canteen’ in Bengaluru

Indira Canteen’, aimed at serving food to poor at subsidized rates, was inaugurated in Bengaluru, by Congress vice president Rahul Gandhi. Rahul Gandhi who had the first breakfast at the canteen in Jayanagar, said ‘Indira Canteens’ would serve the migrants who came to Bengaluru with a dream to build something.

Useful Info

State – Karnataka

Capital – Bengaluru

CM – Siddaramaiah

Governor – Vajubhai Rudabhai Vala

NATIONAL

HRD ministry to Conduct National Assessment Survey (NAS) for the students of class 3, 5, and 8

The Human Resource Development (HRD) Ministry has announced November 13 as the date for conducting its National Assessment Survey (NAS) for the students of class 3, 5, and 8. So far, during several rounds of the survey, a total of 4.45 lakh students have been tested for various learning outcomes. This time, approximately 30 lakh students will be assessed in the year 2017-18 making it the world’s largest sample survey of student learning achievement.

Useful Info

Union minister for Human Resource Development – Prakash Javadekar

Constituency – Madhya Pradesh, Rajya Sabha

Harsh Vardhan, launched the “Harit Diwali, Swasth Diwali” campaign

Union Minister for Environment, Forest and Climate Change, Dr. Harsh Vardhan, launched the “Harit Diwali, Swasth Diwali” campaign. Addressing a gathering of about 800 children from schools of Delhi and NCR, the Minister impressed upon the children the importance of their contribution towards reducing pollution by not bursting harmful fire crackers during Diwali.

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Union Minister for Environment, Forest and Climate Change – Dr. Harsh Vardhan

Constituency – Chandni Chowk, Delhi

Union Cabinet chaired by PM Modi Approves Completion of North Koel Reservoir Project in Jharkhand and Bihar

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the proposal to complete the balance works of the North Koel Reservoir Project in Jharkhand and Bihar at an estimated expenditure of Rs.1622.27 crore to be incurred during three financial years from the start of the project. The Cabinet also approved storage of water in dam restricted at lower level than envisaged earlier to reduce the submergence and to protect Betla National Park and Palamau Tiger Reserve.

Useful Info

Betla National Park – Jharkhand

Palamau Tiger Reserve – Jharkhand

Tata Power has become the first power utility to introduce a QR code based bill payments system in India

Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills. The customers can scan the QR code with BHIM app or any other UPI linked bank app and pay their bills without any hassle.

Useful Info

MD and CEO of TATA Power – Anil Sardana

Vishal Sikka has resigned as Managing Director and Chief Executive of Infosys Ltd

Vishal Sikka of Infosys Ltd has resigned as Managing Director and Chief Executive of the company with immediate effect. U.B. Pravin Rao has been appointed as interim-managing director and chief executive. Mr. Sikka has now been appointed as executive vice-chairman of the company.

Useful Info

Interim-managing director and chief executive – U.B. Pravin Rao

Vishal Sikka has been appointed as executive vice-chairman of the company

National Highways Authority of India launched two mobile Apps – MyFASTag and FASTag

National Highways Authority of India launched two mobile AppsMyFASTag and FASTag Partner in New Delhi, to facilitate the availability of FASTags for Electronic Toll Collection. MyFASTag is a consumer App that can be downloaded from the App Store for both Android and iOS systems. FASTag Partner is a merchant App. Agencies like Common Services Centre, banking partners, and vehicle dealers can sell and enroll  FASTag through this App.

Useful Info

Chairman of National Highway Authority of India (NHAI) – Deepak Kumar

BSNL Launches Digital Wallet Powered by MobiKwik

Bharat Sanchar Nigam Ltd (BSNL) went digital by launching a bespoke mobile wallet (mobile payment App) that would enable its existing 100 million customers to make Bill payments. This digital wallet was launched at an event by Manoj Sinha, Minister for Telecommunications in the capital. The wallet has been developed and issued by MobiKwik on behalf of BSNL.

Useful Info

Chairman & Managing Director of BSNL – Shri Anupam Shrivastava

INTERNATIONAL

Emma Stone has been named Hollywood’s highest-paid female actor in Forbes annual list

Emma Stone has been named Hollywood’s best-paid female actor in Forbes annual list of top earners. The 28-year-old made $26m in the last 12 months, the majority of which was earned from her Oscar-winning performance in the musical romance La La Land. The film made over $445m worldwide.

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Emma Stone – won the best actress at the 2017 Oscars for her performance in La La Land

US Declares Hizbul Mujahideen as Global Terrorist Group

The United States named Pakistan-based Hizbul Mujahideen (HM) as a Foreign Terrorist Organisation and a Specially Designated Global Terrorist group. The Hizb is one of the two most active Pakistan-based terrorist groups operating in Jammu and Kashmir, and claimed responsibility for several attacks, including the April 2014 explosives attack in Kashmir.

Useful Info

Country – United States of America

Capital – Washington D.C

Currency – US Dollar

President – Donald Trump

Vice President – Mike Pence

5 Indian-Origin Persons in Fortune’s Annual ‘40 Under 40’ List

Five Indian-origin persons, including Irish Prime Minister Leo Varadkar, have featured in Fortune’s annual list of 40 young and influential people in the field of business. Fortune’s 2017 ‘40 Under 40’ list is an annual ranking of the most influential young people who are under 40 in business. The list has been topped by 39-year-old French President Emmanuel Macron “France’s youngest leader since Napoleon”. The Indian-origin persons on the list are 26-year-old Divya Nag, who oversees Apple’s ambitious ResearchKit and CareKit programmes, Rishi Shah, 31, and Shradha Agarwal, 32, 31-year-old Leila Janah. The list also includes Facebook founder Mark Zuckerberg on the second spot.

BANKING, BUSINESS & ECONOMY

Uber has launched a business to business model called “Uber for Business “

Ridesharing app Uber has launched a business to business model called “Uber for Business “ to enable new use cases like daily commute, late-night rides home from work, between-office transportation. This new model comes with the features like Set-and-forget travel programs, new permissions, Different access for different groups and a fresh user interface.

Useful Info

Uber HQ – San Francisco, California, United States

Government has banned exports of gold jewellery, medallions and other articles above 22- carat purity

The government has banned exports of gold jewellery, medallions and other articles above 22- carat purity in a bid to check round tripping of the precious metal. According to the Directorate General of Foreign Trade (DGFT), certain provisions of the foreign trade policy (2015-20) are amended to allow export of gold jewellery and articles containing gold of 8 carats and above up to a maximum limit of 22 carats only from domestic tariff area and export-oriented units, electronics hardware technology parks, software technology parks and bio technology parks.

Useful Info

DGFT – Directorate General of Foreign Trade

HDFC Bank Revises Interest Rates On Saving Accounts

HDFC Bank Ltd has announced a revision in its savings bank interest rate effective August 19, 2017. Post revision, customers maintaining savings bank account balance of Rs 50 lakh and above will continue to earn interest at 4 per cent per annum. Customers maintaining account balance of below Rs 50 lakh will earn interest at 3.5 per cent per annum from earlier 4 per cent. The revised rates will be applicable to both resident and Non-resident customers.

Useful Info

Head Quarters of HDFC – Mumbai

MD & CEO – Aditya Puri

AGREEMENT

Finance Ministry and the World Bank signed a $24 Million to Enhance India’s Forest Ecosystem Services

The Finance Ministry and the World Bank signed a grant agreement of $24.64 million from the Global Environment Facility (GEF) of the World Bank for ecosystem service improvement project. The project would be financed entirely by the World Bank out of its GEF Trust Fund. The project’s duration is five years. The objective of the Project is to strengthen the institutional capacity of the departments of forestry and community organizations to enhance forest ecosystem services and improve the livelihoods of forest dependent communities in central Indian highlands.

Useful Info

Union Finance Minister – Arun Jaitley

Constituency – Gujarat, Rajya Sabha

World Bank HQ – Washington D. C

President of World Bank – Jim Yong Kim

SCIENCE & TECHNOLOGY

SpaceX successfully launches HP’s supercomputer to ISS

Space X has successfully launched Hewlett Packard Enterprises (HPE) Spaceborne Computer towards the International Space Station using Falcon 9 rocket.

SPORT

Young Indian shuttler Lakshya Sen Wins Bulgaria Open International Series

Young Indian shuttler Lakshya Sen clinched the Bulgaria Open International Series title after notching up a hard-fought win over Croatia’s Zvonimir Durkinjak in the men’s singles final in Sofia, Bulgaria. The 16-year-old shuttler defeated second seed Zvonimir 18-21 21-12 21-17 in a 57-minute match.

Useful Info

Country – Bulgaria

Capital – Sofia

Currency – Bulgarian lev

16th edition of IAAF (International Association of Athletics Federations) World Championships 2017

The 16th edition of IAAF (International Association of Athletics Federations) World Championships 2017 was held in London. The championships were held in the London Stadium in Stratford. ‘Hero-the Hedgehog’ was a Mascot of 2017 IAAF World Championships and ‘Whizbee-the Bee’ was the Mascot for the Para Athletics.

Useful Info

Top 5 Countries in the list of Medals

US (30 Medals)

Kenya (11 Medals)

Great Britain (6 Medals)

Poland (8 Medals)

China (7 Medals)

Legendary Sprinter Usain Bolt Retires.

Justin Gatlin wins men’s 100m gold.

Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw at World Championships.

High jump champion Ruth Beitia of Spain receives Fair Play Award.

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