Thursday, 17 August 2017

Daily Update On Current Affairs - August 17, 2017

Current affairs

Here's your daily summary of Current Affairs.


Cabinet approves raising of over ₹9000 cr through NABARD for completing irrigation projects under PMKSY

The Union Cabinet has approved raising extra budgetary resources up to 9,020 crore rupees for Long Term Irrigation Fund in 2017-18. Briefing reporters after the meeting, Finance Minister Arun Jaitley said, the amount will be raised by NABARD through Bonds. The Fund seeks to make loans from NABARD attractive for states by ensuring
the lending rate of 6 percent per annum. The loans are for implementation of Accelerated Irrigation Benefits Programme, works of 99 ongoing prioritised irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana.

Govt caps prices of orthopedic knee implants

In a major relief to patients suffering from knee problems, the government today capped the prices of orthopedic knee implants. It has declared the capped prices of different knee implant surgeries. Now, the most widely used Cobalt chromium knee implant will cost around 55 thousand rupees instead of the current average price of over 1.58 lakh rupees. Titanium Oxidized Zirconium surgery implant has been capped at 76,600 rupees against the current average prices of 2.5 to 4.50 lakh rupees. The High flexibility implant costing from 1.80 to 4.5 lakh rupees has been capped at 56,490 rupees. The revision implants for second surgery has been capped at over 1.13 lakh rupees. Besides, the specialized implants for cancer and tumour will be charged at over 1.13 lakh.

Parsi New Year, Navroz being celebrated on the 17th August 2017

Parsi New Year, Navroz is being celebrated on the 17th August 2017, across the world. The festival is celebrated by followers of Zoroastrianism in Middle-East, USA and South Asian countries such as India and Pakistan. The vibrant festival began 3,000 years back by the mighty emperor Jamshed, who introduced the new calendar in Persia. Hence, it is also known as Jamshedi Navroz or Navroz. The day is celebrated to gain health, wealth, prosperity, and productivity. Four ‘Fs’ Fire, Fragrance, Food, and Friendship play an important role in the celebration. Besides celebration, Navroz is also the day of repentance.

New metro rail policy approved to expand metro network across various cities in the country           

The Union Cabinet approved a new metro rail policy for expanding the metro network across various cities in the country. Briefing reporters, Finance Minister Arun Jaitley said, the policy was prepared in consultation with states and is intended to end ad hoc arrangement for expansion of metro rail network in the country. 370 kilometer of metro is operational in 7 cities, 537 are under construction in 12 cities. 600 kilometers proposal are under consideration and also the 381 kilometers of Regional Rapid Rail for NCR region. The policy seeks to enable realisation of growing metro rail aspirations of a large number of cities in a responsible manner. It will open a big window for private investments across a range of metro operations. It makes Public Private Partnership component mandatory for availing central assistance for new metro projects. It seeks to provide necessary last mile connectivity through feeder services, and Non-Motorised Transport infrastructure.

India home to 27, 312 elephants: Census

Preliminary results from the first ever synchronised All India Elephant Population Estimation pegs India’s Asian elephant population at 27,312. The estimate, derived from the sighting-based direct count method alone, will be confirmed with estimates from the indirect dung count method in three months. According to the report, released by the Ministry of Environment, Forests and Climate Change on August 12, Karnataka has the highest number of elephants (6,049), followed by Assam (5,719) and Kerala (3,054). The numbers are lower than the last census estimated in 2012 (between 29,391 and 30,711). But experts say parallels cannot be drawn because in the 2012 count, various states used different methodologies and the effort was not synchronised across the country; errors and duplication could have led to overestimation.

Saudi Arabia's King orders Qatar border to reopen for hajj pilgrims  

Saudi Arabia's King Salman has ordered that the border with Qatar be reopened and allow pilgrims to carry out their annual hajj pilgrimage to Mecca. Official state media said the decision represents the first step forward since a diplomatic crisis began when Saudi Arabia, Egypt, Bahrain and the United Arab Emirates severed diplomatic and trade ties with Qatar on June 5. According to a statement from the Saudi News Agency, the border decision came after the kingdom's Crown Prince Mohammed bin Salman received an envoy from Doha. It said, "the king has ordered that Qatari pilgrims be allowed to enter Saudi Arabia through the border crossing to do the pilgrimage. He even ordered that private jets belonging to Saudi airlines be sent to Doha airport to bring all Qatari pilgrims at his expense."

The US designates Pakistan based terror outfit Hizbul Mujahideen as Terrorist     Organisation

The United States has named Pakistan based Kashmiri terrorist outfit Hizbul Mujahideen as a Foreign Terrorist Organisation. The US decision comes nearly two months after adding the group's Pakistan-based chief Syed Salahuddin to its list of designated global terrorists. Slapping a series of sanctions on the outfit, the US state department said in a statement that adding such designations expose and isolate terrorist groups and individuals, and assist the law enforcement activities of US agencies and other governments.

Melbourne named Most Livable City in the world for the 7th year in a row

For the 7th year in a row, Melbourne (in Australia) has been named as the Most Livable city in the world by the Economic Intelligence Unit. The city scored 97.5 out of 100 points in the Global Livability Index for this year. In the ranking process, each city is ranked according to a rating of relative comfort across five categories stability, health care, culture and environment, education and infrastructure. The least livable city according to the survey was the Syrian Capital of Damascus, at the 140th place.

Govt revises up 2016-17 grain output to record 275.68 million tons

The government has revised upward the country's overall food grain production by 2.3 million tons to a record 275.68 million tonnes in the 2016-17 crop year that ended in June. Releasing the 4th Advance Estimates of production of major crops for 2016-17, the Agriculture Ministry said, record production has been achieved in rice, wheat, coarse cereals and pulses due to the good rainfall and various initiatives taken by the government. The previous record of 265.04 million tons was achieved in 2013-14 crop year while the production had declined to 251.57 million tons in 2015-16.

Government imposes fine of $264 million on Reliance and BP   

The Central Govt has imposed a huge fine of $264 million on Reliance Industries and its partners for failing to produce the targeted amount of Natural Gas in the east off shore KG-D6 fields in 2015-16. Reliance Industries holds 60% stake in the KG- D6 fields in the Bay of Bengal, while its partners British Petroleum (BP) holds 30% and the remaining 10% is held by the Canadian firm of Niko Resources.
  
SBI adopts 50 villages

The State Bank of India (SBI) has announced that it is adopting 50 villages under its Corporate Social Responsibility (CSR) initiative, called SBI Gram Seva. Under the initiative, SBI will adopt 5 villages each from 10 village panchayats. Each village will get a financial assistance of Rs. 2.40 Cr over a period of the next three years. The SBI foundation will identify and partner with NGOs for carrying out CSR activities.

Rcom’s Merger with Aircel gets approval

The National Company Law Tribunal has approved the merger of Reliance Communications Ltd with Aircel w.e.f 15th August 2017. Following the merger, a new company called Aircom will be formed, in which both the partners will have an equal stake of 50% each. Based on current trends, the new entity is expected to have an EBIT of about Rs 15000 cr.

TAL Manufacturing launches “Robo Whiz” educational cell in robotics

TAL Manufacturing, a wholly owned subsidiary of Tata Motors, has launched “RoboWhiz”. It is a cell designed for the use in universities and polytechnics. Robo Whiz will provide the student's hands on experience in Robotics and Automation Technology. Robo Whiz includes an open architecture, access to the controller and provides an open platform for robotics learning and development practices.

Western Railway’s new initiative for cleanliness 

The Western Railway (WR) has provided its housekeeping staff with tablets to receive passenger feedback on cleanliness in trains. The issue has been an area of concern in recent times and officials have been working on reducing complaints of unclean trains for several months. Under the On Board Housekeeping Services, which was launched a decade ago, an official is placed in-charge of maintaining cleanliness in three coaches. The official has to ensure the coaches are free of pests, the washrooms are regularly cleaned, the liquid hand soap dispensers are refilled and room fresheners are sprayed in the coaches. Interestingly, the amount paid to the cleaning contractors are based on the ratings given by the passengers in feedback forms. However, senior WR officials got a false impression of cleanliness on trains as the forms were being filled by the contractors themselves. They allegedly filled the forms using the names and mobile numbers of passengers without their consent.

New MD and CEO for Industrial Finance Corporation of India

Mr. Shankar Rao has been appointed as the MD and CEO of Industrial Finance Corporation of India (IFCI) w.e.f 14th August 2017. His appointment will be valid for a period of three years. He is currently the Managing Director of IIFCL Asset Management Ltd.


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Wednesday, 16 August 2017

How To Prepare For IBPS PO Prelims Examination

IBPS PO Prelims

IBPS PO Prelims is an Exam conducted by the Institute of Banking Personnel Selection (IBPS). IBPS PO Prelims Exam is taken up by those candidates who want a post as Probationary Officers (PO) in various public sector banks. IBPS PO Prelims helps a candidate to build his/her excellent career in public sector banks. 

The IBPS PO Notification for 2017 is OUT. Click below for details.


IBPS PO Prelims

Before knowing How to prepare for IBPS PO Prelims Examination it is mandatory for you to know about IBPS PO Exam.


What is IBPS PO Exam

A candidate whose age is between 20-30 years (age restrictions applicable according to the IBPS PO Notification) in the general category can appear for IBPS PO Prelims Exam. A candidate should be a graduate in order to apply for IBPS PO Exam. 

Usually, the IBPS PO Exam is conducted in the month of October and November. The IBPS PO Exam has 3 phases. 


  • 1st phase is called as Preliminary Examination, which is an online exam
  • 2nd phase is the Mains which is a common written examination
  • 3rd phase is a common Interview in which the marks of Mains are taken into consideration

To become a PO in Public Sector Bank a candidate should clear all the three rounds. A candidate is given 2 months time for preparation, right after the IBPS PO notification is published by IBPS. 

As an IBPS PO Prelims aspirant, you should use these 2 months wisely and smartly to crack IBPS PO Prelims 2017. 


Tips to Prepare for IBPS PO Prelims

1. Planning: The first and the foremost thing you should do before starting to prepare for IBPS PO Prelims Exam is to prepare a well-built IBPS PO study plan for yourself. Understand the syllabus of IBPS PO Prelims and make a personalized plan for yourself which focuses on your weak areas. 

Given below is a detailed syllabus for IBPS PO Prelims 2017. You can refer to it to make your own IBPS PO Study Plan.


IBPS PO Prelims

IBPS PO Prelims Syllabus

IBPS PO Prelims

Tips for each section which will help you prepare for IBPS PO Prelims Examination
  • Reasoning: Reasoning section of IBPS PO Prelims Exam tests your mental ability and your power of observation. This section is allotted with higher marks, hence, concentrate on this section while preparing and also practice more questions on blood relations, syllogisms etc.
  • Quantitative Aptitude: The quantitative section of IBPS PO Prelims Exam tests the mathematical ability of a candidate. The only key to crack this section is practice. Practice as much as you can. Learn all the shortcut tricks and be good with numbers. This section covers topic like Mensuration, Profit and Loss, Probability, Percentages, Ratio and Proportion etc.
  • General English: A common mistake made by the candidates who appear for IBPS PO Prelims Exam is that they don’t take English Section seriously. Often, they don’t prepare for it and take it for granted. English is a language, and without practicing it, you can never get a command over it. Every day learn 5 new words, solve questions, read comprehensions, watch the news in English, get into the habit of reading English Newspapers and take up as many mock tests you can.
2. Practice: IBPS PO Prelims Exam can only be cracked with the help of practice. This is the most important tip that you need to follow. Take up as many mock tests you can, practice as many different types of questions as you can. Dedicate at least 2 hours for practice and keep a track of your progress. 

Only with practice, you will know the result of your preparation. 

3. Proper Time Management: It is mandatory for you to utilize your time wisely. Dedicate time for all the sections and study one topic at a time. Pay attention to each topic and make sure that you distribute your time accordingly for IBPS PO Prelims. 

4. Revision: Revision helps your memory to retain what you study for longer. Each day, give yourself one hour to revise whatever you have studied the day before. Make your study plan in such a way that sufficient amount of time is left at the end for you to do a complete revision for IBPS PO Prelims. 

5. Stay Confident: Don’t let the negative thoughts conquer your mind. Stay Confident about yourself and start your preparation with a positive attitude. Don’t let yourself down and dedicate yourself for the preparation of IBPS PO Prelims Exam. 

Since the IBPS PO Exam notification is out, we know that there are exactly 50 days from now for you to attempt IBPS PO Prelims. Don't waste your time, Start your preparation now! 


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Top 10 Spotting Errors Questions You Must know For IBPS PO 2017

Spotting errors

Spotting errors are the most time-consuming and difficult questions that are asked from the General English section of IBPS PO Exam. It is necessary for you to be aware of all the grammar rules since they come in handy while solving spotting errors questions. There is a huge list of spotting errors questions. 

However, in this post, we have discussed the Top 10 Spotting Errors questions that are frequently asked in IBPS PO Exam to make it easy for you to score in General English Section of IBPS PO 2017.


How to solve Spotting Errors Questions in IBPS PO Exam? 

Spotting errors questions are questions in which you find the part of the sentence which has an error. One part of the sentence has an error and the rest is correct. Find out which part of the sentence has the error to improve your score in IBPS PO Exam. If a sentence is free from error then you can mark the option ‘no error.’


Spotting Errors Question For IBPS PO Exam Type 1-

Question: The condolence messages (a)/ received on the (b)/ death of Mrs.Gandhi(c)/ Speaks highly of her greatness (d)/ No Error (e)

Explanation: The sentence is talking about Mrs.Gandhi’s death, and there are many condolence messages received. Hence we have a plural subject “The condolence messages.” Therefore, we need to have a plural verb.

The action verb in the sentence is “Speaks”.


Speaks is singular verb as
They speak – Plural
He speaks – Singular


Rule: Subject Verb Agreement

Correct Sentence:  The condolence messages received on the death of Mrs. Gandhi speak highly of her greatness.

Answer: d


Spotting Errors Question For IBPS PO Exam Type 2-

Question: He took me to a restaurant (a)/ and ordered for two cups (b)/ of cold coffee(c)/ which the waiter brought in an hour (d)/ No error (e)

Explanation: In this sentence, there is a transitive verb.


The transitive verb in the sentence is “ordered”. A transitive verb is never followed by a preposition; it directly takes up the object.


Example:
I moved the chair
He packed his suitcase.

Rule: The transitive verb directly takes up the object.

Correct answer: He took me to a restaurant and ordered two cups of cold coffee which the waiter brought in an hour

Answer: b


Spotting Errors Question For IBPS PO Exam Type 3-

Question: I would rather (a) / Pay for my education (b) / than financial aid (c) / No error (d)

Explanation: In this sentence, there is something missing. When you look at part b of the sentence you will find a noun and a verb, but in part c of the sentence, there is only a noun. We can’t find any verb out there.

Rule: Parallel Structure

Correct answer: I would rather pay for my education than receive/get financial aid.

Answer: c


Spotting Errors Question For IBPS PO Exam Type 4-

Question: If I would have realized (a)/ what a bad driver you were, (b)/ I would not have (c)/ come with you (d)/ No error (e)

Explanation: We have the word 'if' in the sentence. And according to the 'if conditional rule', the tense followed must be past perfect. Therefore, the error is in the first part of the sentence.

Rule: if conditional rule - If + past perfect

Correct answer: If I had realized what a bad driver you were, I would not have come with you.

Answer: a


Spotting Errors Question For IBPS PO Exam Type 5-

Question: All the woman teachers (a)/ are agitated (b)/ because of the haughty attitude(c)/ of the principal (d)/ No error

Explanation: The sentence is talking about all the teachers. Hence, in the first part, we have to use the plural form of the noun woman, i.e “women”.

Rule: Noun Numbers

Correct answer: All the women teachers are agitated because of the haughty attitude of the principal.

Answer: a


Spotting Errors Question For IBPS PO Exam Type 6-

Question: The chairman had not taken (a)/ any decision until (b)/ he had studied (c)/ the case thoroughly (d)/ No error(e)

Explanation: In this sentence, there are two action verbs.
First action verb – “he had studied” is the past perfect tense. 
Second action verb – “The chairman had not taken”

Since the first action word is in past perfect tense, the second action word should also be in past perfect tense.

Rule: Tense – Past perfect tense

Correct answer: The chairman did not take any decision until he had studied the case thoroughly.

Answer: a

Spotting Errors Question For IBPS PO Exam Type 7-

Question: Building biogas plants will (a)/ help to reduce (b)/ the consuming of conventional fuels(c)/ such as firewood and kerosene (d)/ No error (e)

Explanation: When you read the sentence, Building biogas plants will help to reduce... something. But that something is missing from the sentence. You need to know what the something is for the sentence to be complete.

The consumption of conventional fuels such as firewood and kerosene.
Therefore, the error is in the third part of the sentence where you should change the verb form into a noun.

Answer: Word Class – Consume: basic verb form

Consumes: simple present tense
Consumed: simple past tense
Consuming: present continuous form
Consumption: noun form likewise for adjectives, adverb, etc., we need to check which form is supposed to be used in the sentence.

Correct answer: Building biogas plants will help to reduce the consumption of conventional fuels such as firewood and kerosene.

Answer: c


Spotting Errors Question For IBPS PO Exam Type 8-

Question: Both the rich (a)/ along with the poor (b)/ are responsible for a great many vices (c)/ with which our country is inflicted (d)/ No error

Explanation: The sentence starts with both, hence the first thing we need to check is the corelated conjunctions. The second part of the sentence starts with along not with and. Therefore, the error is in the second part of the sentence.

Rule: Co-related conjunctions, Both…and

Correct answer: Both the rich and the poor are responsible for a great many vices with which our country is inflicted.

Answer: b


Spotting Errors Question For IBPS PO Exam Type 9 -

Question: The six partners (a)/ are at daggers drawn (b)/ so they do not talk (c)/ to each other (d)/ No error (e)

Explanation: There is an Idiom in the sentence “daggers drawn” which means “ready to fight”. In the first part of the sentence, it is mentioned that there are 6 partners. Hence, the fourth part of the sentence “to each other” should be changed to “one another.”

Rule: Pronouns

Correct answer: The six partners are at daggers drawn so they do not talk to each other.

Answer: d


Spotting Errors Question For IBPS PO Exam Type 10 -

Question: She is almost quite competent (a)/ for the post of Marketing Executive (b)/ so if given a chance , (c)/ She can show the results (d)/ No error(e)

Explanation: In this sentence, there are two adverbs used, one modifying the other. This is an error of redundancy. We don’t require two adverbs in one sentence. This is called as superfluous words. For example, we cannot use the words 'most' and 'unique' together. Because they almost mean the same.

Rule: Superfluous words

Correct answer: She is quite competent for the post of Marketing Executive so if given a chance, she can show the results.

Answer: a

Watch our expert faculty explain the spotting errors questions in detail.


Practice Spotting Errors for IBPS PO 2017

1. If I knew(a)/ that my friend (b)/ to my visit the town to day (c)/, I would have made his stay comfortable (d)/ No error(e)
2. The condition of (a)/ people living in (b)/ rural area (c)/ are very bad (d)/ No error (e)
3. Shakshi was extraordinary paid (a)/ for how skilful she (b)/ welcomed (c)/ the visitors(d)/ No error(e)
4. No sooner did we(a)/ find out a solution(b)/ to the problem(c)/ when another problem cropped up (d)/ No error(e)
5. When she was (a)/ in jail, (b)/ she was debarred to send (c)/ a letter even to her son (d)/ No error(e)

Do leave your answers in the comments section below. Hope this post has helped you learn all the top 10 spotting errors questions for IBPS PO Exams.

Stay tuned for more posts related to English Section of IBPS PO 2017. 


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3 R’s To Crack IBPS English Section in 2017

IBPS English

The IBPS English Section cannot be cracked easily. It involves regular practice and an edge over the common English language. However, English is not a rocket science, it’s not impossible to crack the section. You can do it by just following these simple tips while preparing for IBPS English Section and crack the IBPS English section in your first attempt.

In this post, we will discuss 3 tips that will help you to crack IBPS English Section. Every IBPS PO aspirant has one common question on his mind, “What material does IBPS rely on for preparing the English questionnaire?”

Find a few English questions below and the sources from which IBPS has picked them up from:

Question:
1. When the pace of growth for HDFC has slowed / 2) in the last two years, in line with /3) the overall trend in the sector, it has / 4) still managed to outpace industry / 5) No error.

Source 1. HDFC: Solid Foundation
Source 2: The Hindu Business Line - Money and Banking

Question:
The Cambridge historian Quentin Skinner A)/ suggested that before we judge words B)/ spoken in the past, we must know what C)/ they signified then D)/No error E)

Source: The Hindu - Before he became Mahatma

Question:
Investors are ____ on the release of a new smart phone later this year to return Apple phone to revenue growth in 2017.

a) Majoring      b) denying        c) fasting       d) banking

Source: Reuters – Business News

Many candidates are unsure of how to prepare for the English section for IBPS PO Exam. Everybody advises them to make reading a habit, however, they are still unclear on what material to read and the sources to refer for IBPS English Preparation for IBPS PO 2017.


#1 Tip: Read 

Here is a list of sources that you can rely on while preparing for IBPS English section.

1. The Hindu/ Business line – Money and Banking
2. The Economic Times – Blogs
3. Times of India – Articles / The Times Group: e-paper
4. Economic times
5. Reuters – Business News
6. Financial Times – Blogs
7. The Telegraph (Kolkata based newspaper)
8. The fiscal Times - Business + Economy
9. Business Standard Editorials
10. Talentsprint Blog


#Tip 2: Recall

The second tip here states that one should be able to recall the information that he/she might have read or heard. You can recall the information if you pay attention.

It is mandatory for an IBPS PO aspirant to pay attention while preparing for IBPS English section or watching the news. If you are focused during the preparation, then it will become easier for you to recall the information quickly during the exam and crack the IBPS English section in 2017.


#Tip 3: Resolve

Every one of you will face difficulty in at least one topic or section. Identify your weakness and resolve to work harder with the focus on your weaknesses when preparing for IBPS English section. 

You should practice the difficult questions from IBPS English section on daily basis. Make a schedule or a study plan for IBPS English and stick to it. This will help you to overcome your challenges and crack IBPS English section easily. 

This table below might help you with your IBPS English Preparation:


IBPS English Section

Watch our expert faculty, Sylvia explain you in detail about the IBPS English Section.



Do write in the comment section below on how these tips have helped you prepare for IBPS PO Exam. Also, write in the comment section below if you need any guidance regarding the IBPS English Section.

As the IBPS PO Notification is released, Start your preparation now! 


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Daily Update On Current Affairs - August 16, 2017

Current affairs

Here's your daily summary of Current Affairs.


Nation celebrates 71st Independence Day with patriotic fervour

The nation celebrated its 71st Independence Day on 15th August 2017.  The main function was held at Red Fort in the national capital. Our Prime Minister Narendra Modi unfurled the National Flag synchronized with the 21-Gun Salute. Addressing the nation from the ramparts of the Red Fort, Mr. Modi said India stands for peace, unity, and harmony. He described casteism and communalism as poison which will not help us.

Air India to accord priority to armed forces personnel in boarding

Coinciding with the country's 71st Independence Day, Air India today began according priority to the armed forces personnel in boarding its flight across the carrier's network. A senior official of the airlines said the decision was taken as a mark of honour and respect to these personnel. Air India already provides concessionary and discounted air fares to the armed forces personnel on its domestic sectors. 

Govt asks Google, Facebook, Whatsapp, and others to remove Blue Whale links

Government has directed internet majors - Google, Facebook, Whatsapp, Instagram, Microsoft, and Yahoo to immediately remove the links of dangerous online game Blue Whale Challenge, which has led to the suicide of children in India and other countries. Mumbai and West Midnapore district have reported deaths linked to this game. Ministry of Electronics and IT (MEIT) instructed the internet majors in a letter to ensure that any such link of this deadly game in its own name or similar game is immediately removed from their platform. The letter was issued following instructions from Law and IT Minister Ravi Shankar Prasad.

President pays homage at Amar Jawan Jyoti

President Ram Nath Kovind on the 15th August paid homage to Martyrs at Amar Jawan Jyoti in New Delhi on the Independence Day. He placed a wreath at the base of the memorial dedicated to the Unknown Soldiers and saluted the martyrs. Army Chief General Bipin Rawat, Navy Chief Admiral Sunil Lanba and Air Force Chief Air Marshal B S Dhanoa saluted the Martyrs with the Supreme Commander of the Armed Forces. Defence Minister Arun Jaitley was also present on the occasion. 

Indian troops foil China’s incursion bid in Ladakh  

Indian border guards on 15th August frustrated by the attempt made by Chinese soldiers to enter Indian territory, along the banks of famous Pangong lake in Ladakh resulting in stone pelting that caused minor injuries to the people on both sides, officials said. Soldiers of the People’s Liberation Army (PLA) tried to enter the Indian side at two areas — Finger Four and Finger Five — twice between 6 am and 9 am. But on both the occasions their attempts were thwarted by the alert Indian troops, they said. After Chinese troopers found their path blocked by Indian soldiers who formed a human chain, they began hurling stones, prompting a swift retaliation by Indian border guards. Personnel from both sides received minor injuries and the situation was brought under control after the customary banner drill under which both sides hold banners before stepping back to their respective positions.

EU Calls for Peaceful solution to Korean crisis

The European Union's foreign policy chief has called for peaceful, not military means to resolve the Korean peninsula crisis, urging Pyongyang to avoid any further provocative action that could stoke tensions. Federica Mogherini said in a statement on the 14th August 2017 that at such a critical juncture, the European Union supports diplomatic work with our partners aimed at the de-escalation of the situation and achieving the complete, verifiable and irreversible denuclearization of the Korean Peninsula through peaceful, not military, means. The statement was issued after a meeting of a key EU panel which agreed the bloc would reach out to North and South Korea, the United States, China, Russia and Japan.

N.K.Jemisin wins the Hugo Award for the best science fiction novel  

African- American writer Nora K.Jesmin has won the prestigious Hugo Award for the best science fiction novel 2017 for her novel “The Obelisk Gate”. The award was presented to her at the 75th World Science Fiction Congress held in Helsinki, Finland on the 11th August 2017. The novel is about a planet where the inhabitants would undergo “The Fifth Season” of catastrophic climate change every few centuries.

Indian cricket team celebrates nation's 71st Independence Day at Pallekele 
 
The Indian cricket team celebrated the nation's 71st Independence Day at Pallekele in Sri Lanka on the 15th August 2017, with captain Virat Kohli hoisting the tricolour in the presence of the entire squad. Kohli also wished his countrymen back home on the occasion and said 15th August has always been special for him since childhood as the day is also his father's birthday. The 15-member Indian squad, alongside the support staff, were in attendance as Kohli and coach Ravi Shastri stepped ahead and unfurled the national flag. The flag hoisting ceremony was followed by the National Anthem.

Indian boxers clinch 10 medals at Serbian tourney

India bagged two gold in the 6th Golden Glove Women's Boxing Tournament at Vojvodina, Serbia. While Jyoti won Gold in 51 kg category, and Vanlalharitpuii bagged it 60 kg category. In all, India won two gold, four silver and four bronze medals in the tournament. The silver medals were clinched by Anjali in 48kg, Sakshi in 54kg, Ashtha in 69kg and Anupama in 81kg categories. Mandeep in 57kg, Nisha in 64kg, Shruti in 75kg and Neha in 81+kg category settled for bronze medals.

Olympic Task Force recommends steps to improve sports in India

The eight member Olympic Task Force has prepared its final report titled “Preparation for the 2020 Tokyo Olympic and Paralympic Games to the Government. The task force includes National Badminton coach Gopichand, ace shooter Abhinav Bindra and former hockey captain Viren Rasqinho. It has been recommended to set up an Empowered Steering Committee to drive all initiatives. This committee shall be responsible to ensure that the preparation for the games are complete and adequate.  A slew of other recommendations is also given to the Government.

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Daily Update On Current Affairs - August 15, 2017

Current Affairs

Here's your daily summary of Current Affairs.


President approves 112 Gallantry Awards to Armed Forces Personnel, members of Paramilitary Forces

On the occasion of 71st Independence Day, 112 Gallantry Awards have been approved by the President of India for the Armed Forces and Paramilitary Forces. It includes five Kirti Chakras, 17 Shaurya Chakras, 85 Sena Medals (Gallantry), three Nao Sena Medals (Gallantry) and two Vayu Sena Medals (Gallantry). Havaldar Giris Gurung from first Gorkha Rifles who was martyred during a major counter-infiltration operation along the Line Of Control in Naugam sector of Kashmir has been awarded Kirti Chakra posthumously.

Schools can now order textbooks online

With instances of schools not being able to procure NCERT books on time has led to concern in the past, an online system has been introduced for affiliated institutions to place an indent to obtain the books required for the academic year 2018-19. In a circular sent out by the CBSE, affiliated schools have been asked to register and place a demand for the upcoming academic year well in advance so that based on the indent, the NCERT can supply books for all classes to their empanelled vendors across the country.

Plea against Article 35A may be heard by the Constitution Bench, says SC

The question whether Article 35A, relating to special rights and privileges to the citizens of Jammu and Kashmir, is ultra vires of the Constitution or not, is likely to head for a decision before a five-judge Constitution Bench. The indication that the constitutionality of Article 35A will be under scrutiny came from a Bench of Justices- Dipak Misra and A.M. Khanwilkar while hearing a petition filed by Charu Wali Khanna, who has challenged the Article as well as Section 6 of the Jammu and Kashmir Constitution, which deal with the permanent residents’ status in J&K.

India’s first railway disaster management system to be in Bengaluru

India’s first railway disaster management system is expected to come up near Bengaluru by the end of 2018. In this centre, situations like trains falling into rivers and coaches catching fire will be replicated in this centre. Mock rescue operations will be carried out in this centre. The Railways has earmarked 3.32 sq km village of Hejjala for this centre. The safety village will come up at a cost of Rs 44.42 Cr.

India’s first online course on Infusion Therapy has been launched

Infusion Nurses Society has launched India’s first online course in Infusion Therapy for Infusion Therapy Nurses. Nearly 3000 nurses are expected to be trained in the country under this programme. It will boost nursing in the rural parts of India

South Korean President Appeals for calm

South Korean President Moon Jae-in called for calm in the stand-off with North Korea, saying there should never be another war on the peninsula. Tensions have flared since U.S. President Donald Trump, responding to the North’s latest missile tests, warned it of “fire and fury like the world has never seen”. The North, in turn, threatened to test-fire its missiles towards the U.S. Pacific island of Guam. The war of words has sparked global alarm, with world leaders including Chinese President Xi Jinping urging calm on both sides. Mr. Moon, a left-leaning leader who has previously advocated a dialogue with the North, urged it to “stop all provocations and hostile rhetoric immediately, instead of worsening the situation any further."

N. Korea leader gets plans for missile tests near Guam     

North Korea said on Tuesday that its military presented leader Kim Jong Un with plans to launch intermediate-range missiles into waters near Guam and “wring the windpipes of the Yankees” by creating “enveloping fire” near the key U.S. military hub in the Pacific. The comments, while typically belligerent, are significant because they also appeared to signal a path to defuse a deepening crisis with Washington over a weapons program that is seen as nearing the ability to accurately send a nuclear missile to the U.S. mainland.

Big Ben to go silent for four years for repair work

Big Ben, the huge clock bell of Britain’s Parliament, will fall silent next week as a four-year restoration project gets underway. The bongs of the iconic bell will be stopped after chiming noon on Aug. 21 to protect workers during a 29-million-pound ($38 million) repair project on the Queen Elizabeth Tower, which houses Big Ben and its clock. It is not due to resume regular service until 2021. Steve Jaggs, the keeper of the Great Clock, said on 14th August, the clock mechanism will be dismantled piece by piece and its four dials will be cleaned and repaired. The 13.5 British ton (15.1 U.S. ton, 13.7 metric tons) bell will be cleaned and checked for cracks. Big Ben has stopped several times since, it first sounded in 1859, but the current restoration project will mark its longest period of silence.

African Country releases Coin on account of Janmashtami

The tiny African country of Chad has released a limited edition of the silver coin on the occasion of Janmashtami. The full dimensional 3D coins weigh 100 gms and are made of pure silver. 251 such coins will be available for sale in India at a price of Rs 25,555 per coin.



Retail inflation rises to 2.36% in July   

Retail inflation rose to 2.36 percent in July this year. Chiefly driven by hardening prices in sugar and confectionery items, pan, tobacco, and intoxicants. Retail inflation, as measured by the consumer price index, had stood at 1.46 percent in June. Data released by the Central Statistics Office, today showed that retail inflation in sugar and confectionery items rose to 8.27 percent in July, while inflation in pan, tobacco, and intoxicants was 6.39 percent. But food inflation saw deflationary pressure, or a fall in prices, at minus 0.29 percent in July. Retail inflation in pulses and products was minus 24.75 percent in July, and in vegetables, it was minus 3.57 percent.

Indian export grows 4 percent in July 

The country's exports grew three point nine percent in July this year, on a yearly basis, to 22.5 billion dollars. Exports rose due to an increase in shipments of petroleum, chemicals, and marine products. Official data released today showed that imports rose 15.4 percent in July, to 34 billion dollars, due to a rise in inward shipments of crude oil and gold. The country's trade deficit widened to 11.4 billion dollars during the month under review, from 7.8 billion dollars in July last year. Gold import spurted 95 percent, to 2.1 billion dollars in July. Oil imports increased 15 percent in July.

Jan Dhan scheme: Going strong 3 years on

Three years after the launch of the world’s biggest financial-inclusion programme, the Pradhan Mantri Jan Dhan Yojana appears to be stabilised, with 30 crore beneficiaries and transactions picking up. The scheme was launched on August 15, 2014, with a target to provide universal access to banking facilities. The total balance in these accounts stood at 65,697 crore as on August 9. The rural tilt of the scheme came across the fact that 17.61 crore beneficiaries, out of a total of 29.48 crore account-holders, hail from rural and semi-urban branches. The National Payments Corporation of India (NPCI) has so far issued 22.70 crore RuPay cards to account-holders.

Norway has the highest Internet speed in the world

According to the global leader in speed testing, Ookla, Norway has the highest mobile Internet speed in the world. Netherlands and Hungary are ranked two and three in the list. The average speed of the mobiles in Norway is 52.6 megabits per second.




 Newly found TRAPPIST -1 is older than our Solar System

According to a study published in the “Astrophysics Journal”, researchers have found that the TRAPPIST -1 is between 5.4 and 9.8 billions years ago. Our own solar system is estimated to be 4.5 billion years old. TRAPPIST -1 is a system of seven Earth sized planets orbiting an ultra cool dwarf star about 40 light years away.

In Cricket, India clean sweep Sri Lanka in three-test series

India created history today by completing a 3-0 clean sweep of Sri Lanka in the third and final cricket Test at Pallekele, Kandy. India beat the hosts by an innings and 171 runs to win the series. For India, this was the first-ever series clean sweep on overseas soil.  Hardik Pandya was declared Man of the Match while Shikhar Dhawan emerged as Man of the Series. Resuming the day at 19 for one after following-on and facing a 352-run deficit, Sri Lanka were bundled out for 181 in 74.3 overs in their second innings shortly before tea on day three.
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