Current Affairs: Daily GK Update 05th September 2017

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i. Teacher's Day is celebrated in India on 5th September in honor of Dr. Sarvepalli Radhakrishnan, who was born on September 5, 1888. Dr. Radhakrishnan was India's second president and a great scholar, philosopher and Bharat Ratna recipient.
ii. Since 1962, India has commemorated his birth anniversary. Teachers Day is an occasion to pay reverence to the teachers and convey them that they hold special respect in our hearts. Celebrating Teachers Day is acknowledged by UNESCO and fairly popular in several countries across the globe.

Important Takeaways from Above News-
  • Dr. S. Radhakrishnan was the first Vice-President of India.

i. The Union Environment Ministry launched an environmental awareness initiative on the occasion of Teachers’ Day. Under the initiative, an online environmental quiz competition named Prakriti Khoj will be conducted at the national level. 
ii. The objective of the quiz is to generate interest among school children about the science related to the environment. The initiative is to motivate children towards environment conservation-oriented lifestyles.

Important Takeaways from Above News-
  • Dr. Harsh Vardhan is the present Minister of Environment, Forest, and Climate Change.

i. Astronaut Peggy Whitson returned to Earth. Finishing a 288-day mission that put her over the top as the American who has spent the most cumulative amount of time in space.
ii. Peggy Whitson, 57, is also the oldest female astronaut in the history of space exploration, was the first female International Space Station commander, and holds the record for number of spacewalks by a woman.

Important Takeaways from Above News-
  • Robert M. Lightfoot Jr. is an engineer and the Acting Administrator of the National Aeronautics and Space Administration.

i. President Ram Nath Kovind laid the foundation stone of the second phase of link IV pipeline canal of Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat.
ii. The first phases of link I, II, and III of the SAUNI Project have been inaugurated by Prime Minister Narendra Modi. The project is aimed at bringing the waters of Narmada River to the reservoirs of parched Saurashtra region. President Kovind was on a two- day visit to Gujarat.

Important Takeaways From Above News-
  • O. P. Kohli is the Governor of Gujarat.

i. The Union Ministry of Health and Family Welfare launched two new contraceptives- an injectable contraceptive MPA under the ‘Antara’ program and a contraceptive pill ‘Chhaya’ in the public health system to expand the basket of contraceptive choices for couples.
ii. These contraceptives have been launched in 10 states including Delhi, Maharashtra, Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka, Haryana, West Bengal, Odisha, and Goa. The ‘Antara’ injectable is effective for three months and the ‘Chayya’ pill is effective for one week.

Important Takeaways From Above News-
  • Jagat Prakash Nadda is the Present Cabinet Minister of Health and Family Welfare.

i. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015.
ii. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.

Important Takeaways from Above News-
  • Aditya Puri is the CEO of HDFC Bank.
  • It headquarters in Mumbai, Maharashtra.

i. UNESCO has announced the winners of the 2017 International Literacy Prizes, which honors excellence and innovation in the field of global literacy. The awards will be handed out to five laureates from Canada, Colombia, Jordan, Pakistan and South Africa on the occasion of International Literacy Day, which falls on September 8.
ii. The prizes are divided into two categories-
1. The UNESCO Confucius Prize for Literacy sponsored by China, and
2. The King Sejong Literacy Prize sponsored by South Korea.
iii. This year’s Confucius Prize is given to the AdulTICoProgram from Columbia, The Citizens Foundation from Pakistan, and the FunDza project from South Africa. The King Sejong prize is shared by the Centre for the Study of Learning and Performance from Canada and the We Love Reading program from Jordan.

Important Takeaways from Above News-
  • UNESCO stands for United Nations Educational Scientific and Cultural Organization. 
  • Irina Bokova is the Present Director-General of UNESCO.

i. R A Sankara Narayanan has taken charge as Managing Director and Chief Executive Officer of Vijaya Bank. He has taken over the reigns of the bank from Kishore Sansi, who reached superannuation on August 31.
ii. He joined Bank of India as a direct recruit officer in 1983 and has headed various branches.

Important Takeaways From Above News-
  • Vijaya bank headquarter is in Bengaluru.
  • Vijaya bank was founded in 1931 by A.B. Shetty.

i. KV Rama Moorthy has assumed charge as Managing Director and Chief Executive Officer of Tamilnad Mercantile Bank.
ii. Prior to joining TMB, he was Executive Director of United Bank of India. He succeeds HS Upendra Kamath. Rama Moorthy’s appointment is for a period of three years.

Important Takeaways From Above News-
  • Tamilnad Mercantile Bank is Headquartered in Tuticorin, Tamilnadu.

i. Olympic silver-medallist Rajyavardhan Singh Rathore being appointed as the new Youth Affairs and Sports Minister. The 47-year-old Rathore was up until now serving as the Minister of State for Information & Broadcasting.
ii. Rathore also won multiple medals at the Commonwealth and Asian Games. He was awarded the Padma Shri in 2005.

Important Takeaways from Above News-
  • Rajyavardhan Singh Rathore won a silver medal at the 2004 Olympic Games.

i. Captain of Indian basketball team Amritpal Singh created history by becoming the first Indian player to be signed by an Australian Basketball team.  
ii. He will be a part of the Sydney Kings during their pre-season tour where they will also take on the game against Utah Jazz side. Born in a village of Punjab, Singh initially played for the Pune Peshwas in the Indian Basketball League.

i. India’s Konsam Ormila Devi bagged a gold medal in 44kg weight category on the opening day of the Commonwealth Youth (boys & girls) weightlifting championships, held at Gold Coast, Australia. 
ii. Ormila lifted 57kg in snatch and 76kg in clean and jerk for an overall effort of 133kg, to finish on the top of the podium. With this effort, Ormila has registered her best lift so far.

Important Takeaways from Above News-
  • Malcolm Turnbull is the PM of Australia.

i. Arunachal Pradesh Health and Family Welfare Minister Jomde Kena died at a private hospital in Guwahati after a prolonged illness.
ii. 52-year-old Kena, a resident of Gensi village in Lower Siang district was undergoing treatment at Guwahati for the past one month.

Important Takeaways From Above News-
  • Pema Khandu is the Present CM of Arunachal Pradesh.
  • P.B. Acharya is the Governor of Arunachal Pradesh.
  • PM Modi has recently inaugurated India's Longest Bridge named after Assam Singer Bhupen Hazarika over River Lohit in Assam.

i. DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India.
ii. In its guidelines, the RBI had pointed out that the WOS model for foreign banks in India would involve local incorporation, a local board of directors, and a ring-fenced capital and assets profile that would not be affected by the impact of global events on its parent.

Important Takeaways from Above News-
  • Piyush Gupta is the CEO of DBS Group.
  • Headquarter of DSB Bank is in Wognum, Netherlands.


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