Daily Current Affairs Updates – 20th August 2017

Important Daily Current Affairs Updates – 20th 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.

 

IMPORTANT DAY

Sadbhavana Diwas or Harmony Day – August 20th

The Sadbhavana Diwas or Harmony Day is celebrated to commemorate the birth anniversary (August 20) of Rajiv Gandhi. On this day national integration, peace, love, affection and communal harmony among all Indians is encouraged. Shri Rajiv Gandhi was born on August 20, 1944, in Bombay. At 40, Mr. Rajiv Gandhi was the youngest Prime Minister of India.

Useful Info

Rajiv Ratna Gandhi was the 6th Prime Minister of India

1st PM of India – Jawaharlal Nehru

1st Women PM of India – Indira Gandhi

STATE

Uttar Pradesh CM Yogi Adityanath launched ‘Swachh Uttar Pradesh, Swasth Uttar Pradesh’ campaign

Uttar Pradesh CM Yogi Adityanath launched ‘Swachh Uttar Pradesh, Swasth Uttar Pradesh‘ campaign and swept a street in Gorakhpur under the initiative.

Useful Info

State – Uttar Pradesh

Capital – Lucknow

CM – Yogi Adityanath

Governor – Ram Naik

NATIONAL

‘Champions of Change’ Initiative Organised by NITI Aayog

PM Narendra Modi addressed a gathering of young entrepreneurs and CEOs startups at an event organised by NITI Aayog. The event called ‘Champions of Change’ was organised by India’s policy think-tank, was aimed at bringing together young businessmen at a place and share ideas. The “Champions of Change” initiative is one effort to bring together diverse strengths for the benefit of the nation and society.

Useful Info

NITI Aayog – The National Institution for Transforming India

Chairman – PM Modi

Vice Chairman – Rajiv Kumar

CEO – Amitabh Kant

40 percent reservation for girls at planned Navodaya schools: Mukhtar Abbas Naqvi

The government has decided to offer 40 per cent reservation for girls at 100 Navodaya-type schools. The Minister of State for Minority Affairs Mukhtar Abbas Naqvi said the government is mulling to open 100 Navodaya-type schools in minority concentrated areas of the country.

Useful Info

Minister of State for Minority Affairs – Mukhtar Abbas Naqvi

Constituency – Uttar Pradesh, Rajya Sabha

 

INTERNATIONAL

Italy to host fall G-7 interior Ministers summit on security

 Italy would be hosting the summit of Group of Seven Interior Ministers to discuss on security matters in October 2017. The meeting is being organised at the request of Italy’s G-7 partners- Canada, France, Germany, the United Kingdom, Japan and the United States.

Useful Info

G7 countries – Italy, Canada, France, Germany, United Kingdom, Japan and the United States

Country – Italy

Capital – Rome

Currency – Euro

BANKING & ECONOMY

RBI will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series

The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series signed by Governor of RBI Dr. Urjit Patel. The base colour of the note is fluorescent blue. The new Rs 50 banknote has a motif of Hampi with a chariot, depicting the country’s cultural heritage, and the Swachh Bharat logo with slogan on the reverse. All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender.

Useful Info

RBI – Reserve Bank of India

Headquarters of RBI – Mumbai

Present & 24th Governor of RBI – Urjit Patel

1st Indian Governor of RBI – C. D. Deshmukh

Aadhar must for subsidised farm loans: RBI

Reserve Bank of India (RBI) has made Aadhar linkage mandatory for farmers who wish to avail short-term crop loans in 2017-18. Under Interest Subvention Scheme, the banks are advised to make Aadhar linkage mandatory for availing short-term crop loans in 2017-18. RBI has defined that farmers can avail of short-term crop loans of up to Rs 3 lakh at the subsidised interest rate of 7% that could go down to 4% on prompt repayment.

Karur Vysya Bank inaugurates AADHAAR enrolment centre in Chennai

Private sector Karur Vysya Bank  has unveiled the Aadhaar Enrolment Centre in Chennai. The Unique Identification Authority of India had advised commercial banks to provide Aadhaar enrolment and updation facility at various branches. KVB is the first private sector bank to provide Aadhaar Enrolment Centre service in the country.

Useful Info

KVB – Karur Vysya Bank

Headquarter – Karur, Tamil Nadu

Chairman – Swaminathan

AGREEMENT

GeM and CII sign MoU to establish GeMSamvad

A MoU was signed between Government eMarketplace (GeM) special-purpose vehicle SPV and the Confederation of Indian Industry (CII), in the presence of Ms. Nirmala Sitharaman,  Commerce & Industry Minister at Udyog Bhawan, New Delhi. This MoU between GeM and CII is aimed at establishing GeM Samvaad – a participative and collaborative approach with the industry for promoting Indian industry and entrepreneurship.

Useful Info

GeM – Government eMarketplace

CII – Confederation of Indian Industry

Minister of state (Independent charge) for Commerce & Industry – Nirmala Sitharaman

Constituency – Karnataka, Rajya Sabha

Nepal and China has signed three pacts to boost their ties in power and energy sectors

Nepal and China has signed three pacts to boost their ties in power and energy sectors and undertake a feasibility study to excavate natural gas and petroleum in the Himalayan country, including in the southern Terai plains. The agreements have covered economic and technological cooperation, oil and gas resources exploration, and promotion of investment.

Useful Info

Country – Nepal

Capital – Kathmandu

Currency – Nepalese Rupee

President – Bidhya Devi Bhandari

Prime Minister – Sher Bahadur Deuba

OBITUARY

Former Advocate General of Kerala MK Damodaran passes away

Former Kerala advocate general M K Damodaran passed away in Kochi. He was 77. Damodaran had worked as an Advocate General during the LDF regime headed by E K Nayanar from 1996-2001.

Useful Info

State – Kerala

Capital – Thiruvananthapuram

CM – Pinarayi Vijayan

Governor – Palanisamy Sathasivam

 

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