Friday, 11 August 2017

Current Affairs: Daily GK Update 11th 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. Uttar Pradesh Government has launched a new awareness drive called Namami Gange Jagriti Yatra. The drive will be focusing on cleanliness along the banks of Ganga river and maintain hygiene.
ii. The drive will be covering a total area of around 1,025 kms. It will pass through 108 blocks of 25 districts of UP from Bijnore to Ballia alongside the Ganga river.

Important Takeaways from Above News-
  • Chief Minister of Uttar Pradesh is Yogi Adityanath.


i. National Skill Development Corporation (NSDC) and Google India launched Android Skill Development Programme to impart mobile app development training on the Android and Web platform and improve the quality of mobile app development ecosystem in India.
ii. Under the initiative, NSDC would introduce a specific course to create applications for the mobile platform that can be used on smart phones and tablets running on the Android operating system.

Important Takeaways from above News-
  • NSDC is a public-private partnership enterprise under the Union Ministry of Skill Development and Entrepreneurship.


i. M. Venkaiah Naidu was sworn in as the 13th Vice President of India at Rashtrapati Bhawan, New Delhi. President Ram Nath Kovind administered the oath to 68-year-old Naidu at a grand ceremony.
ii. The Bharatiya Janata Party (BJP) leader defeated opposition candidate Gopalkrishna Gandhi, the grandson of Mahatma Gandhi in the vice-presidential election held on 5 August. Naidu succeeds Hamid Ansari, who finished his decade-long tenure as the vice president and Rajya Sabha chairman.



i. The Lok Sabha passed a bill that approved merger of associate banks with the SBI with the government. The Lok Sabha passed the bill to repeal the SBI (Subsidiary Banks) Act 1959, State Bank of Hyderabad Act 1956 and to further amend the State Bank of India Act, 1955, following the merger of five associates with the parent SBI.
ii. State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) merged with SBI on 1 April along with the Bharatiya Mahila Bank. 

Important Takeaways from Above News-
  • Post merger, SBI has entered the list of top 50 banks globally.
  • Merger increased the total customer base of SBI to 37 crore, a deposit base of Rs 26 lakh crore, a branch network of around 24,000 and nearly 59,000 ATMs.


i. The National Green Tribunal (NGT) imposed an interim ban on use of non-biodegradable plastic bags which are less than 50 microns in the entire national capital. A bench headed by NGT chairperson Justice Swatanter Kumar also announced an environment compensation of Rs5,000 on anyone found in possession of such banned plastic.
ii. It had also said that an environment compensation of Rs10,000 would be imposed on vegetable vendors and slaughter houses for throwing garbage in public places.

Important Takeaways from Above News-
  • Justice Swatanter Kumar is the Present Chairperson of NGT.


i. Acc. to the Reserve Bank of India (RBI), it will pay Rs 30,659 crore dividend to the government for the year ended June 30, less than half of what it paid in 2016. The central bank had in the previous year paid Rs 65,876 crore dividend to the government.
ii. RBI had in 2014-15 paid Rs 65,896 crore dividend and Rs 52,679 crore in the year prior to that.

Important Takeaways from Above News-
  • RBI Headquarters in Mumbai.
  • The 24th Governor of RBI is Dr. Urjit Patel.


i. Punjab National Bank (PNB) has introduced biometric attendance in the place of the existing system of signing attendance in the attendance register.
ii. Manual attendance system will run parallel up to August 31, to streamline the process. In exceptional cases, but in no case more than three occasions in a month, an employee may be permitted a grace margin of up to 15 minutes. Reporting/exit timings will be uploaded in the HR system automatically. 

Important Takeaways from Above News-
  • The Headquarter of PNB is in New Delhi
  • Sunil Mehta is the MD & CEO of PNB.


i. Prime Minister Narendra Modi has stated that India and the United States will co-host the Global Entrepreneurship Summit at Hyderabad from November 28, 2017. President Donald Trump’s daughter Ivanka will lead the American delegation.
ii. The Summit is a unique opportunity for bringing together entrepreneurs and start-ups with global leaders. The summit is being organized by the NITI Aayog in coordination with the Ministry of External Affairs.

Important Takeaways from Above News-
  • Donald John Trump is the 45th and current President of the United States.


i. Markets regulator SEBI has introduced an online registration mechanism for custodians of securities to make it convenient for them to do business. 
ii. The new system would help custodian of securities to complete registration and other regulatory filings with Sebi much faster and in a cost-effective manner. 

Important Takeaways from above News-
  • Chairman of SEBI is Ajay Tyagi.
  • SEBI was set up in 12th April 1988.


i. In an apparent bid to take on Google-owned YouTube, Facebook has rolled out 'Watch', a redesigned video platform for creators and publishers.
ii. Watch is a platform for all creators and publishers to find an audience, build a community of passionate fans, and earn money for their work. It is personalized to one in discovering new shows, organized around what your friends and communities are watching.

Important Takeaways from above News-
  • Mark Elliot Zuckerberg is a co-founder of Facebook, and currently operates as its chairman and chief executive officer.


i. Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw World Championships while his compatriot Neeraj Chopra crashed out in the qualification round.
ii. He had an 82.22m in his opening throw and then came up with 82.14m in his second. No Indian has ever qualified in the men’s javelin throw final round in any world championship.

Important Takeaways from Above News-
  • Davinder Singh Kang has a personal best of 86.48m which he did while setting a junior world record in 2016.

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