Daily Current Affairs Updates – 21st August 2017

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Important Daily Current Affairs Updates – 21st 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

Smriti Irani has inaugurated Jharkhand’s first textiles manufacturing and export unit ‘Orient Craft Ltd’

Smriti Irani has inaugurated Jharkhand’s first textiles manufacturing and export unit ‘Orient Craft Ltd’.Irani will also lay foundation stones of numerous companies under special make in Jharkhand drive, called “Momentum Jharkhand” in Jamshedpur. The ongoing ceremony, named as ”Second Groundbreaking Ceremony” foundation stones for 70 companies.

Useful Info

Union minister of Textiles –Smriti Irani

Constituency –Gujarat, Rajya Sabha

State – Jharkhand

Capital – Ranchi

CM – RaghubarDas

Governor – Draupadi Murmu

NATIONAL

Nepalese Prime Minister Sher Bahadur Deuba will arrive on a four-day trip to India

Nepalese Prime Minister Sher Bahadur Deuba will arrive on a four-day trip. During the visit, he will hold wide-ranging talks with his Indian counterpart Narendra Modi on issues of mutual interest.Deuba will be accompanied by a high-level delegation and will also call on the President and the Vice-President.

Useful Info

Country – Nepal

Capital – Kathmandu

Currency – Nepalese Rupee

Prime Minister – Sher Bahadur Deuba

INTERNATIONAL

India and US have established new two-by-two (2 by 2) ministerial dialogue to enhance strategic coordination

India and US have established new two-by-two (2 by 2) ministerial dialogue to enhance strategic coordination between them and maintaining peace and stability in the Indo-Pacific region.The new dialogue format will replace the earlier India-US Strategic and Commercial Dialogue. It will be similar to the India-Japan 2+2 dialogue format between foreign and defence secretaries of the two countries.

Useful Info

Country – United States of America

Capital – Washington D.C

Currency –US Dollar

President – Donald Trump

12-year-old Indian-origin boy Rahul Doshi has been crowned as the UK’s ‘Child Genius’

A 12-year-old Indian-origin boy named Rahul Doshi has been crowned as the UK’s ‘Child Genius’ in a popular television quiz competition, days after he became an overnight sensation after answering all questions correctly.Rahul Doshi won the Channel 4 show ‘Child Genius’ by beating his nine-year-old opponent – Ronan – 10-4. The school boy is from north London.

Useful Info

Country –United Kingdom

Capital – London

Currency – Pound Sterling

BANKING & ECONOMY

Country’s largest lender, SBI Tops Share of Wilful Default to PSBs

The country’s largest lender, SBI, accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters. As many as 1,762 wilful defaulters owed SBI Rs25,104 crore.Punjab National Bank (PNB) is next on the list with 1,120 wilful defaulters having outstanding non-performing assets (NPAs) of Rs12,278 crore. Together these two banks account for Rs37,382 crore or 40 per cent of the total outstanding loans.

Useful Info

SBI – State Bank of India

Headquarters – Mumbai

Present Chairperson – Arundhati Bhattacharya

First regional centre of the New Development Bank Opens in South Africa

The first regional centre of theNew Development Bank, set up by India and other BRICS nations, was officially opened by South African President Jacob Zuma and the bank’s Indian head K V Kamath.NDB has anauthorized capital of the bank is USD 100 billion. In 2018 it is expected to present about 15 to 20 projects involving a total lending of about USD 4 billion for the boards consideration.

Useful Info

NDB – New Development Bank

Headquarters – Shanghai, China

President –K V Kamath

AGREEMENT

Power Grid Corp announced to get USD 500 million loan from the Asian Development Bank (ADB)

State-run power transmission utility Power Grid Corp announced that it will get a loan of USD 500 million from the Asian Development Bank (ADB) for its various projects.The proceeds of the loan are proposed to be utilised for funding of Green Energy Corridor (Part D); 800KV High Voltage Direct Current (HVDC) bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) and 320 KV HDVC link between Pugalur and North Trichur (Kerala).

Useful Info

ADB – Asian Development Bank

Headquarters of ADB –Manila, Philippines

President of ADB –TakehikoNakao

Nestle India has tied up with Amazon India for the launch of its new Nutrilicious range of Maggi Noodles

Nestle India has tied up with Amazon India for the launch of its new Nutrilicious range of Maggi Noodles. The new range will be available first on Amazon.in, and the company, subsequently, aims to roll it out across retail outlets in India.New Maggi Nutritious Noodles are in line with Nestle’s “Simply Good” initiative to provide healthier & tastier choices to consumers.

AWARD

Telangana Chief Minister K Chandrashekhar Rao has been selected for the prestigious Agriculture Leadership Award-2017

Telangana Chief Minister K Chandrashekhar Rao has been selected for the prestigious Agriculture Leadership Award-2017. The award will be presented on September 5 at Taj Palace Hotel in New Delhi.The Chief Minister has been selected for the award for his innovative services rendered to the welfare of farmers and the farm sector.

Useful Info

State – Telangana

Capital –Hyderabad

CM – K Chandrashekhar Rao

Governor – E S L Narasimhan

SCIENCE & TECHNOLOGY

British scientists have developed the world’s smallest surgical robot

British scientists have developed the world’s smallest surgical robot which could transform daily operations for tens of thousands of patients. A team of 100 scientists and engineers have used low-cost technology originally developed for mobile phones and space industry.The robot, called Versius, mimics the human arm and can be used to carry out a wide range of laparoscopic procedures. The robot is set to be launched next year.

DEFENCE

Union Ministry of Defence Approves Delegation of Powers to Border Roads Organisation

The Ministry of Defence has decided to delegate administrative and financial powers to the Border Roads Organisation (BRO) to avoid delays on account of references between the Chief Engineer, HQ DGBR and the Ministry.The Ministry of Defence has approved that for both departmental and contractual mode of execution. A chief engineer of the BRO can accord administrative approval up to Rs. 50 crore, ADGBR up to Rs. 75 crore and DGBR up to Rs. 100 crore. Defence Ministry has approved policy guidelines based on which the BRO may engage big construction companies for taking up road projects on a turnkey basis.

Useful Info

Union Defence Minister – Arun Jaitley

Constituency – Gujarat, Rajya Sabha

US and South Korea began a 10-day-long annual military exercise, The Ulchi Freedom Guardian drill

The US and South Korea began a 10-day-long annual military exercise. The Ulchi Freedom Guardian drill is a computer-simulated defensive exercise designed to enhance readiness and maintain stability on the Korean peninsula. The Ulchi Freedom Guardian drills will be the first joint military exercise between the allies since North Korea successfully flight-tested two intercontinental ballistic missiles in July and threatened to bracket Guam with intermediate range ballistic missile fire in August.

Useful Info

Country – South Korea

Capital –Seoul

Currency – South Korean won

Under project Navika Sagar Parikrama : Indian Navy’s All women Team to Circumnavigate Globe on an Indian-built sail boat INSV Tarini

Under project Navika Sagar Parikrama, a team of women officers of the Indian Navy would circumnavigate the globe on an Indian-built sail boat INSV Tarini. This is the first ever Indian circumnavigation of the globe by an all-women crew.The project is considered essential towards promoting Ocean Sailing activities in the Navy while depicting Government of India’s thrust for ‘Nari Shakti’.

Useful Info

Current Chief of the Naval Staff is Admiral Sunil Lanba.

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