Tuesday, 28 November 2017

Current Affairs: Daily GK Update 28th November 2017

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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 PO and Clerk and with the daily dose of current affairs, you can easily prepare G.A and score well.


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1. 115 backward districts in India to be transformed by 2022

i. The government has embarked upon a major policy initiative for the rapid transformation of 115 backward districts across the country by 2022.

ii. Senior level government officials, at the rank of Additional Secretary and Joint Secretary, have been nominated as ‘Prabhari’ officers for each district.  A detailed briefing of these officials was held under the chairmanship of Cabinet Secretary P.K. Sinha.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Vice Chairman of NITI Aayog is Rajiv Kumar

2. World’s First 3D Sanskrit Film Anurakthi Screened at 2017 IFFI Goa

i. World's first Sanskrit 3D film 'Anurakthi was among the main attraction in 3D category at the International Film Festival of India in Panaji in Goa.

ii. The motto of making the film is to make the Sanskrit language relevant even for today. The movie directed by Asokan PK revolves around the traditional art form of Kerala, Koodiyattam.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • IFFI was founded in 1952 and held annually in Goa.

3. Trump Tower Launched in Kolkata

i. The iconic Trump Tower comprising 140 ultra-luxury apartments has been launched in Kolkata and its Indian developers are expecting to garner around Rs 700 crore in sales from this project.

ii. This is the third Trump Tower to be launched in India. Realty firms Unimark Group, RDB Group and Tribeca Developers have already sold about 50 per cent units since the project was soft-launched in mid-October.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • The US President Donald Trump is the founder of the Trump Organization.
  • India already has Trump-branded project in Pune partnering Panchshil Realty.
  • Kolkata is the capital city of West Bengal.

4. Two-day Korea Tourism Festival 2017 opens in Haryana

i. A two-day Korea festival showcasing Korea's rich art, culture and heritage was inaugurated by Korea Tourism Organisation (KTO) Executive Vice President Min Hong Min at the Ambience Mall, Haryana along with Joint Secretary in the Ministry Of Tourism Suman Billa.

ii. The event also saw the signing of an MOU between leading Korean companies such as LG, Hyundai, Samsung and KTO with an aim to promote the tourism by organising MICE groups to Korea for their employees and dealers.

Static/Current Takeaway Points Important for RBI Assistant 2017 Exam-

  • Chief Minister of Haryana is Manohar Lal Khattar
  • Seoul is the capital of the Republic of Korea (ROK), also known as South Korea

5. Odisha Launches Rs 96-cr Scheme to Increase Fish Production

i. Odisha government launched a scheme to boost fish production in the state with a budgetary provision of Rs 96 crore. The 'Fish Pond Yojana' scheme was launched by Chief Minister Naveen Patnaik, while inaugurating a workshop on 'Doubling of Farmer Income through Dairy and Allied Farming Practices' in Bhubaneswar.

ii. The scheme aims to create additional 2,200 hectare of fresh water aquaculture farming with 50 per cent financial assistance to farmers.

Static/Current Takeaway Points Important for RBI Assistant 2017 Exam-

  • Current Governor of Odisha is Senayangba Chubatoshi Jamir

6. BillDesk launches cryptocurrency exchange Coinome in India

i. Indian online payments firm BillDesk-owned Hatio Innovations has launched cryptocurrency exchange ‘Coinome’ in India offering trading of Bitcoin and Bitcoin Cash.

ii. Coinome allows users to register via an instant e-KYC process by using Aadhaar number. Unlike many other cryptocurrency exchanges, Coinome is an open order book cryptocurrency exchange which enables direct deals between buyers and sellers just like conventional stocks and commodities exchanges.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Headquarters of ‘Coinome’ is located in Mumbai.
  • CEO of Coinome is Vivek Steve Francis 

7. Bank of Baroda launches digital Supply Chain Finance solution

i. State-run lender Bank of Baroda launched digital Supply Chain Finance solution which aims to accelerate working capital loan opportunities for the small and medium enterprises and large corporate clients.

ii. The new product provides a range of supply chain finance products which covers pre- and post-shipment products like dealer and vendor finance. BoB’s digital Supply Chain Finance solution has been designed to ensure faster approvals, smoother transaction processing and availability of finance to the Small and Medium Enterprises.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Headquarters of BOB is in Vadodara, Gujarat and Tagline is ‘India’s International Bank’.
  • Current MD & CEO of BOB is P S Jayakumar.

8. Miss South Africa Demi-Leigh Nel-Peters is Crowned Miss Universe 2017

i. Miss South Africa Demi-Leigh Nel-Peters was crowned Miss Universe 2017 at the AXIS theater at Planet Hollywood casino-resort on the Las Vegas Strip, with Miss Colombia and Miss Jamaica making it to the final three

ii. Demi-Leigh Nel-Peters, 22, who helps train women in self-defense, unleashed a big smile when she won. She hails from Western Cape Province and recently earned a business management degree from North-West University.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Capital of South Africa is Cape Town.


9. Nirmala Sitharaman Elected IDSA President

i. Union Defence Minister Nirmala Sitharaman has been elected as President of the Institute for Defence Studies and Analysis (IDSA).

ii. The previous Defence Minister, Manohar Parrikar, had resigned from the post after shifting to Goa as Chief Minister.

Static/Current Takeaway Points Important for IBPS PO Mains 2017 Exam-

  • IDSA was set up in 1965 by the Ministry of Defence as an autonomous think tank.

10. Aegon Life Insurance Appoints Vineet Arora as MD & CEO

i. Aegon Life Insurance today announced the appointment of Vineet Arora as the Managing Director & Chief Executive Officer.

ii. Vineet Arora will replace K S Gopalakrishnan. Chief People Officer of Aegon Life Insurance, Saba Adil, will serve as the interim In-charge and Principal Officer.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Aegon Life Insurance Company is an Indian life insurance provider founded in 2008 with headquarters in Mumbai.



11. Serene Valtteri Bottas Wins Abu Dhabi Grand Prix

i. Valtteri Bottas won the season-ending Abu Dhabi Grand Prix from pole position, beating his Mercedes teammate Lewis Hamilton as Formula One’s season finale petered out into a procession.

ii. The Finnish driver comfortably secured the third win of his F1 career, all this season since joining from Williams. It was his 22nd career podium and 13th with Mercedes. Third spot in Abu Dhabi Grand Prix was occupied by Ferrari’s Sebastian Vettel.  This race took place at Yas Marina Cicuit in Abu Dhabi, United Arab Emirates (UAE).

12. Ivanka Trump Arrives for Global Entrepreneurship Summit in Hyderabad

i. The first South-Asian edition of the Global Entrepreneurship Summit (GES), which is being organised by the NITI Aayog in partnership with the government of the United States of America started in Hyderabad, Telangana.

ii. U.S. President Donald Trump’s Adviser and daughter Ivanka Trump, who is leading the US delegation for GES 2017 attending the summit at the Hyderabad International Convention Centre (HICC). This year’s Summit will highlight the theme "Women First, Prosperity for All".

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • The GES has previously been held in Washington DC, Istanbul, Dubai, Marrakech, Nairobi, Kuala Lumpur, and Silicon Valley.
  • Chief Minister of Telangana is K. Chandrashekar Rao.

13. India Win 10 Medals in Para-Badminton World Championships

i. Indian contingent to BWF Para-Badminton World Championships in Ulsan, South Korea has clinched 10 medals, including two golds.

ii. India’s Parul Parmar defeated Thailand’s Wannaphatdee Kamtam in the finals of the women’s singles Standing Lower (SL3). Other gold was also won by Parul Parmar, who paired with Japan’s Akiko Sugino in women’s doubles (SL 3-4) final.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Capital of South Korea is Seoul.

14. India claim 5 gold medal, become champions at World Youth Boxing



i. India won 5 gold medals at the AIBA World Women’s Youth Boxing Championships, in Guwahati.

ii. Nitu (48kg), Jyoti Gulia (51kg), Sakshi choudhury (54kg), Shashi Chopra (57kg) and Ankushita Boro (64kg) won gold medals for India in the finals. Jyoti Gulia also qualified for next year’s Youth Olympic Games in Argentina. Ankushita was named the boxer of the tournament.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • President of Boxing Federation of India is Ajay Singh. 

15. Indian Men’s and Women’s Teams Win 2017 Asian Kabaddi Championships

i. The Indian men’s and women’s kabaddi teams were both crowned the champions of Asia after beating Pakistan and South Korea in Gorgan, Iran.

ii. Star raider Ajay Thakur led from the front in the men’s final, as India beat their arch-rivals Pakistan 36-22. The Indian women’s team beat South Korea 42-20 in their final.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Captain of Indian women's kabaddi team is Mamatha Poojary.
  • Capital of Iran is Tehran

16. 7th world military games to be held at Wuhan in China

i. The 7th international military games will be held in Wuhan city in the central China's Hubei Province. The International Military Sports Council (CISM)’s  Military World Games is a top sport event for military personnel.

ii. It comprises 329 competitions in 27 categories and is expected to attract around 8,000 participants from more than 100 countries and regions.

Emblem-consists of a dove, a star, ribbons and other elements
Mascot-Bing Bing. Its design is based on the Chinese sturgeon, a critically endangered fish known as the “panda in water”.
Slogan-Military glory, world peace

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Capital of China is Beijing.
  • International Military Sports Council (CISM) founded in 1948 and headquarters in Brussels, Belgium

17. NK Singh appointed as 15th Finance Commission chairman 

i. The government announced that former revenue secretary NK Singh will be the chairman of the 15th Finance Commission (FC) that will recommend distribution of taxes between the Centre and the states

ii. Other members of the commission are former department of economic affair secretary Shaktikanta Das, Anoop Singh, professor at Georgetown University, former chief economic advisor Ashok Lahiri, agricultural expert and NITI Aayog member Ramesh Chand. Chand and Lahiri are part time members. The commission has to submit its report by October 30, 2019.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Finance Commission was established by the President of India in 1951.

18. ADB to extend $20 billion Loan to India Over 5 Years

i. Multi-lateral funding agency Asian Development Bank (ADB) announced that it increase annual funding to India to up to $4 billion from existing $2.7 billion from next year to accelerate inclusive economic transformation.

ii. So cumulatively, India, the largest recipient of ADB, will get about $20 billion over a period of 5 years. Under this strategy, ADB’s annual sovereign funding to India will increase from $2 billion to $3 billion while private sector funding will be doubled to $1 billion.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Founded on 19 December 1966 ADB has its Headquarter in Mandaluyong, Philippines.
  • President of ADB is Takehiko Nakao.

19. Professor Hiroshi Marui conferred with 3rd ICCR Distinguished Indologist Award

i. President Ram Nath Kovind conferred the 3rd Indian Council for Cultural Relations(ICCR) Distinguished Indologist Award on Professor Hiroshi Marui of Japan at a function held at Rashtrapati Bhavan.

ii. Professor Marui has spent over 40 years working on Indian philosophy and Buddhist Studies. He is President of Japanese Association of Indian and Buddhist Studies and has made significant contribution to Indology in Japan.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • The capital of Japan is Tokyo.
  • Indology is academic study of history, cultures, languages and literature of India and is a subset of Asian studies.
  • The first ICCR award was given to Prof. Heinrich Freiherr Von Stietencron of Germany in 2015

20. Shaktikanta Das Named India’s G20 Sherpa

i. The Ministry of Finance appointed former economic affairs secretary Shaktikanta Das as India’s G20 Sherpa for the Development Track of the grouping.

ii. There are two tracks in G-20 — Finance Track and Development Track. Finance Track is managed by the secretary (economic affairs) as India’s Deputy to G-20 and the Development Track is coordinated by the Sherpa.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Finance Minister of India is Arun Jaitley.

21. First Edition of INSPIRE 2017 Kicked off in Jaipur

i. The first edition of International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2017) was held in Jaipur, Rajasthan.

ii. The five-day symposium is being organized by Energy Efficiency Services Limited (EESL) in partnership with The World Bank, and Alliance for an Energy Efficient Economy (AEEE). Its objective was to provide common platform for energy efficiency community to discuss energy efficiency policies, emerging technologies, market transformation strategies, delivery and business-model driven transformations.

Static/Current Takeaway Points Important for RBI Assistant Mains 2017 Exam-

  • Shri Saurabh Kumar is the Managing Director of EESL.

22. India, Greece sign MoU for Air Services Agreement

i. India and Greece have signed Air Services Agreement (ASA) and MoU on Cooperation (MoC) in field of New and Renewable Energy.

ii. The agreements were signed after bilateral talks between External Affairs Minister (EAM) Sushma Swaraj and her visiting counterpart Minister for Foreign Affairs of Greece Nikos Kotzias in New Delhi. The ASA between India and Greece will allow airlines from Greece to operate unlimited flights to six Indian metropolitan airports and Indian carriers can fly to Greece without any such restriction.

Static/Current Takeaway Points Important for IBPS PO Mains 2017 Exam-

  • Greece Capital- Athens.
  • Civil Aviation Secretary is R N Choubey
  • Minister of Civil Aviation is Ashok Gajapathi Raju Pusapati.



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