Thursday, 9 November 2017

Current Affairs: Daily GK Update 09th November 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.

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1. Saina Nehwal Beats PV Sindhu to Become National Champion for 3rd Time

i. World number 11 Saina Nehwal became the national champion for the third timedefeating world number 2 PV Sindhu in the women's singles final of Senior National Badminton Championships, in Nagpur, Maharashtra.
ii. Nehwal, who had previously won senior nationals in 2006 and 2007, won with the scoreline of 21-17, 27-25. Saina has played nationals thrice, winning the title each time.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Saina Nehwal- Won National Badminton Championship- Defeated PV Sindhu.

2. India-Bangladesh Inaugurated Train Service between Kolkata and Khulna

i. Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina jointly inaugurated the long-awaited direct train-service between Kolkata and Khulna through video-conferencing. The new train service is called Bandhan Express.
ii. The train will run in either direction twice a week and cover the 177 km distance between Kolkata and Khulna within 4 1/2 hours.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Bandhan Express- Between Kolkata (India) and Khulna (Bangladesh).
  2. Bangladesh Capital- Dhaka, Currency- Taka.
  3. PM- Sheikh Hasina, President- Abdul Hamid.

3. Govt Notifies Tax Avoidance Protocol Between India and New Zealand

i. The government has notified the third protocol between India and New Zealand for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.
ii. The protocol updates the existing framework of exchange of tax-related information to latest international standard which will help curb tax evasion and tax avoidance between the two countries and will also enable mutual assistance in collection of taxes.

Brief History-
The protocol entered into force in India on September 7, 2017, and has been notified in the official gazette on November 2, 2017. The convention between the two countries came into force in December 1986 and was amended through a first protocol in 1997 and a second protocol in 2000.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. New Zealand Capital- Wellington,  Currency- New Zealand dollar.

4. EU Launches Election Observation Mission for Nepal Polls

i. The European Union Election Observation Mission was officially launched to monitor the general and provincial polls in Nepal which are scheduled for November 26 and December 7.
ii. Around 100 election observers from member countries of the European Union (EU) have been deployed to oversee the polls in the Himalayan nation. The EU has allocated 3.5 million euro for the entire election observation process. 

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. European Union Election Observation Mission- launched- to monitor polls in Nepal.
  2. Nepal PM- Sher Bahadur Deuba, President- Bidhya Devi Bhandari.

5. In a First, Kerala Launched ‘She Pad’ Scheme for School Girls

i. Kerala government launched “She Pad,’’ a scheme to distribute free sanitary napkins to girl students from classes VI to XII in government and aided private schools affiliated to the state school board.
ii. This is the first time that a state government is distributing sanitary napkins to school students. In this academic year, the scheme will be implemented in 300 schools in 114 panchayats by the Kerala Women Development Corporation.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Kerala- Launched 'She Pad Scheme' (1st in India)- for School girls from class VI to XII.
  2. CM- Pinarayi Vijayan, Governor- Palaniswamy Sathasivam.

6. India at 7th Position in Business Optimism Ranking: Report

i. India has slipped in 'business optimism' index to the 7th position in the September quarter, from the 2nd slot in the previous three months, showing clear signs of lag in the economy, as per Grant Thornton's International Business Report (IBR).
ii. Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), and Austria (5th). According to the quarterly global survey on business optimism, Indian businesses have expressed low confidence over revenue expectations in the next 12 months.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Grant Thornton's International Business Report- Indonesia Tops- India 7th.

7. Bank of China Begins Operations in Pakistan

i. Bank of China has formally launched its operations in Pakistan, with its first branch inaugurated in Karachi. The bank would strengthen the "brotherly relations" between the two countries in the financial sector.
ii. As per the officials, the increased diversity of foreign banks would increase the country’s economic resilience.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Bank of China- started operation in Pakistan- first branch in Karachi.
  2. Bank of China Chairman- Chen Siqing.
  3. State Bank of Pakistan (SBP) Governor- Tariq Bajwa.
  4. Pakistan PM- Shahid Khaqan Abbasi, President- Mamnoon Hussain.

8. HDFC Bank Launched SmartUp Zone in Kochi

i. HDFC Bank has announced the launch of its SmartUp Zone in Kochi, an exclusive area inside the branch dedicated for start-ups.
ii. SmartUp Zones will be launched in over 65 branches in 30 cities across India, including tier 2 and 3 cities that are emerging as start-up hubs. The objective is to harness the potential of the startup and fintech eco-system using a multi-pronged approach.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai.
  2. Kochi- in Kerala.

9. PayPal Launches Domestic Payments in India

i. American digital payments company PayPal launched domestic operations in India. At launch, Indian consumers will be able to make transactions at select online merchants.
ii. Merchants offering PayPal will be able to process both local and global payments through the platform, getting access to PayPal’s more than 200 million customers around the world and in India through a single integration.
iii. However, customers in India will not be able to store any money in their PayPal accounts as the company is yet to receive a prepaid payment instrument (PPI) licence from the RBI.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. PayPal Headquarter- California USA, Founded in- 1998.
  2. PayPal Holdings Inc President and CEO- Dan Schulman.

10. IDFC Bank Partners with MobiKwik

i. IDFC Bank has entered into a “strategic alliance” with mobile wallet major MobiKwik to launch a co-branded virtual Visa prepaid card for customers of MobiKwik. 
ii. Important feature of this alliance is one need not be a customer of IDFC Bank to use the co-branded pre-paid card.

Static/Current Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. IDFC Bank - MobiKwik to launch co-branded Virtual Visa prepaid card.
  2. IDFC Limited MD & CEO- Sunil Kakkar, Headquarters- Mumbai.
  3. MobiKwik  CEO- Bipin Preet Singh, Headquarters- Gurgaon, Haryana.

11. Hong Kong, World's Top City for International Visits

i. Hong Kong remains the world's most visited city by international travelers in spite of strained relations with neighboring China.
ii. In a report on the top 100 city destinations that highlights the growth in Asian tourism, market research firm Euromonitor International said 25.7 million arrivals are expected in Hong Kong in 2017. The figure is down 3.2 percent compared with 2016.

Top 3 Countries in the list are-
1. Hong Kong.
2. Bangkok.
3. London.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
  1. Hong Kong- world's most visited city- according to Euromonitor International.
  2. Hong Kong- an Autonomous Territory.

12. Odd-Even Scheme to be Reintroduced in Delhi from November 13-17

i. The Delhi government announced that the odd-even scheme will be reintroduced in the national capital from November 13 to November 17.
ii. This comes after the Indian Medical Association (IMA) declared a state of public health emergency in Delhi. The Environment Pollution (Prevention and Control) Authority had declared that the pollution has reached 'Severe Plus' level or emergency condition.

Current/Static Takeaway Points Important for IBPS PO Mains 2017 Exam-
1. Environment Pollution (Prevention and Control) Authority (EPCA)-
Chairman- Dr. Bhure Lal, Headqurter- New Delhi.

2. National Green Tribunal (NGT)-
Chairperson- Justice Swatanter Kumar, Headquarter- New Delhi, Established- November 2010. 




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