Tuesday, 8 August 2017

Current Affairs: Daily GK Update 08th August 2017

Dear Readers,

Study Daily Current Affairs from Daily GK Update on Bankersadda and Adda247 app, and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS RRB PO and with the daily dose of current affairs, you can easily prepare G.A and score well.

Current-Affairs-Daily-GK-Update


i. The 2030 Water Resources Group (2030WRG) will help the Maharashtra Government raise $270 million for the Green Climate Fund, which will be invested in integrated watershed programmes such as Jalyukt Shivar Yojana.

ii. The Green Climate Fund (GCF) is a new fund under the UN and is guided by the principles and provisions of the UN Framework Convention on Climate Change. The 2030WRG is hosted by the International Finance Corporation and is a public-private-civil society collaboration for water resources reform in developing economies. Its ultimate aim is to close the gap between water demand and supply by the year 2030.

Important Takeaways from above News-
  • Devendra Fadnavis is incumbent Chief Minister of Maharashtra. 
  • International Finance Corporation or IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
  • C Vidyasagar Rao is present governor of Maharashtra.

i. Iran’s official news agency says two Iranian companies have signed the country’s biggest-ever car deal with French multinational automobile manufacturer Group Renault to produce 150,000 cars, beginning in 2018.

ii. The Euro €660 million — or $778 million — deal follows the lifting of international sanctions after Iran’s 2015 nuclear agreement with world powers.

Important Takeaways from above News-
  • Emmanuel Macron is present President of France.
  • Tehran is the capital of Iran.
  • Hassan Rouhani is the current President of Iran.

i. The Railways has earned an additional revenue of Rs 540 crore in less than a year through the flexi fare scheme and there is no plan to discontinue it.

ii. The scheme, launched on 09th September 2016, is applicable in Rajdhani, Shatabdi and Duronto trains, allowing 10 per cent of the seats to be sold at the normal fare and thereafter increasing it by 10 per cent with every 10 per cent of berths sold with a ceiling of 50 per cent.

Important Takeaways from above News-
  • Suresh Prabhakar Prabhu is the current Railway Minister of India.

i. The Centre has declared entire Assam as a “disturbed” area under the controversial Armed Forces (Special Powers) Act (AFSPA) for one more month, citing various violent activities by insurgent groups ULFA, NDFB, and others.

ii. The Union home ministry also declared Meghalaya’s border areas adjoining Assam, and three districts in Arunachal Pradesh as “disturbed” under the AFSPA for two more months with effect from August 03rd, 2017.

Important Takeaways from above News-
  • Sarbananda Sonowal is Chief Minister of Assam.
  • Rajnath Singh currently serves as the Union Home Minister. 
  • The Armed Forces (Special Powers) Bill was passed by both the Houses of Parliament and it received the assent of the President on 11th September 1958. 

i. Justin Gatlin tore up Usain Bolt's farewell script as he stole world 100m gold with the run of his long and controversial career. Bolt was left with only a bronze in his final individual 100m race as 21-year-old Christian Coleman made it a USA one-two.

ii. The 35-year-old Gatlin, twice banned for doping, came through almost unnoticed in lane seven in 9.92 seconds, with Coleman's 9.94 holding off the greatest sprinter of all time.


i. In order to promote cruise tourism in India, a special event, ‘The dawn of cruise tourism in India’ was inaugurated in Mumbai. 

ii. The preparedness of Mumbai Port and Ministry of shipping to host cruise vessels in the country is revealed to a worldwide audience at the event. It also saw the launch of three reports, “Mumbai Port SoP’s for cruise operations”, “Road map for Sea cruise tourism” and “Cruise terminals in India”.

Important Takeaways from above News-
  • Mumbai is the capital city of Maharashtra.
  • Nitin Gadkari is the current Minister for Road Transport and Highways and Shipping.
7. FMCG Britannia to set up largest plant in Maharashtra

i. India’s leading FMCG Britannia Industries would set up its largest plant in Maharashtra in a food park at Ranjangaon.

ii. There will be an investment of Rs 1000 crore at the Ranjangaon food park over a period of four to five years with an employment potential for 3000 people. 


i. Amazon India has signed a memorandum of understanding (MoU) with the Telangana Department of Handloom and Textiles, to educate, train and enable weavers and artisans to directly sell their products to Amazon customers across the country.

ii. According to a statement issued by the e—commerce giant, with over 17,000 handlooms in the state, this association will further help elevate popular handloom products from clusters such as are Pochampally, Warangal, Gadwal, Narayanpet and Siddipet which have a tremendous potential and demand in urban areas.

Important Takeaways from above News-
  • Jeff Bezos is the Chief Executive Officer of Amazon.
  • Kalvakuntla Chandrashekar Rao is the 1st and the current Chief Minister of Telangana.

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