Current Affairs: Daily GK Update 28th August 2017

• Xi Jinping is the present President of China.
• The Capital of China is Beijing and its Currency is Renminbi.

ii. Justice Misra, 64, assumes office following the retirement of Justice J.S. Khehar. Justice Misra will have a tenure of about 14 months till October 2, 2018. 

• H. J. Kania was the first Chief Justice of Independent India.

ii. The theme of the conference is peace, progress, and prosperity. It will see participation from around 35 countries and have speakers from 25 countries. The conference will be held in Temple Trees, the official residence of the Lankan prime minister.

• This will be second ICO conference, the first was held in Singapore in 2016.

i. Defence Minister Arun Jaitley handed over the Long-Range Surface-to-Air Missile (LRSAM) jointly developed by India and Israel, to the Indian Navy, at Bharat Dynamics Ltd (BDL). LRSAM is an advanced combat suit for missile defence against air targets and missiles, and has full capabilities of air and surface surveillance, threat alert and fire control.
ii. The minister also dedicated a first-of-its kind 50-tonne Rocket Motor Static Test Facility. He inaugurated the ASTRA Manufacturing Unit at the BDL’s Bhanur unit.

ii. Named as `Envoy’, the database will ensure that all licensed insurance sales persons working for insurers and intermediaries including entities such as insurance agents, broker qualified persons, specified persons of corporate agents do not work with multiple insurers and intermediaries in the same business category.

Important Takeaways From Above News-

• Chairman of IRDAI is TS Vijayan.
• Headquarter of IRDAI is in Hyderabad, Telangana.

ii. The Rural Games will aim at popularising the indigenous games like wrestling, athletics etc. and will also have fun games like Matka Race, Tug of War for senior citizens to add the fun element in the games.

ii. It will provide protection and prevention of online threats in an increasingly digitally connected world. According to the agreement, Airtel will be the exclusive Cyber Security Services partner for Symantec in India, and will distribute Symantec’s enterprise security software. 

• Bharti Airtel was established on July 07, 1995, as a Public Limited Company.
• Chairmain of Airtel India is Sunil Bharti Mittal.
• Its MD & CEO (India and South asia) is Gopal Vittal.

ii. Hamilton’s rival Ferrari’s Sebastian Vettel came second, while Daniel Ricciardo was placed third. With the win, Hamilton has cut Vettel’s lead at the top of the drivers’ championship to seven points.

ii. For India, it still is a historic edition since for the first time country’s shuttler are returning with two medals. Saina Nehwal won a bronze.

• Prakash Padukone was the first Indian to win a medal in this event when he took a bronze in the men’s singles in 1983.
• Women’s doubles pair of Jwala Gutta and Ashwini Ponnappa bagged another bronze in 2011.

ii. A three-tier security ring was set up around the district jail. The Dera chief was sent for a medical examination and then will be given a prison uniform and will be allotted a jail cell.

• Study notes of banking awareness for IBPS Exam 2017
• More questions of banking awareness for bank exams