Current Affairs 28th September 2017 - Banking, SSC, UPSC Affairs

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The Diamond Jubilee of Directorate General of Quality Assurance (DGQA) observed on 28 September 2017 as it completed 60 years of its existence. To commemorate the occasion, Minister of State (MoS) for Defence, Dr Subhash Bhamare released the ‘First Day Cover’ of DGQA. He also launched portal for e-registration of vendors. The main aim is to provide Quality Assurance (QA) cover for an entire range of Arms, Ammunitions, Equipment, and Stores supplied to Armed Forces.

The Central Adoption Resource Authority (CARA) launched monthly Jan Sampark program to enable public to interact with its officials to obtain information related to child adoption. The first of its kind programme under it was held recently in New Delhi. Nearly 150 Prospective Adoptive Parents (PAPs), adoptive parents and representatives of agencies participated in the session.

Railway Minister Piyush Goyal confirmed that innovative techniques are soon being introduced to eliminate rail accidents. It includes revamping the existing signaling system by use of TPWS - Train Protection and Warning System and MTRC, Mobile Train Radio Communication. The electrification of rail tracks will be completed by next 4-5 years. This will lead to savings in energy costs over 10,000 crores while reducing pollution and dependence on imported diesel.

The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status. The proposal was endorsed at new ADB Country Partnership Strategy for 2018- 2022. The new lending programme, which includes private sector operations, is much higher than the average $2.65 billion a year in loans extended during 2012 and 2016.  

The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017.  It becomes the first IU registered by the IBBI and the registration is valid for five years from the date of registration. It stores financial information that helps to establish defaults as well as verify claims expeditiously and facilitates completion of transactions under the Insolvency and Bankruptcy Code in a time-bound manner.

Russian and the United States space agencies, Roscosmos and NASA, have agreed to jointly build a "deep space gateway", the first-ever astronaut-tended space station around the Moon.  It would help prepare for manned missions to deep space destinations including Mars. NASA and Roscosmos are two of the major partners in the $100-billion Earth-orbiting International Space Station (ISS).

The World Maritime Day is celebrated across the world on 28 September across the world. The theme for 2017 World Maritime Day is ‘Connecting Ships, Ports and People’. The main aim is to do so by focusing on helping International Maritime Organization (IMO) member states to develop and implement maritime strategies to invest in a joined-up, interagency approach.

Twitter announced a test project allowing tweets to be expanded to 280 characters double the existing limit in the latest effort to boost flagging growth at the social network. The main aim to address a major cause of frustration for many users. It became a public company in 2013 and reported a profit even though it has built a loyal base of celebrities, journalist and political figures.

The Union Cabinet has approved the proposal for revision of policy of Ministry of Defence for providing Defence land to Communication Operators for construction of Shared Communication Towers and allied Infrastructure. The Decision in this regard was taken based on experience in implementing policy and guidelines issued by Department of Telecommunications (DoT) for the issue of clearance for installation of Mobile Towers. The revised policy will cover allotment of Defence land on lease and grant of permission in Defence areas and Cantonments to Access Service Licensees and Companies registered with DoT as IP-I (Infrastructure Providers – Category-I for setting up shared communication towers and allied infrastructure.

In the United States, two influential Democratic lawmakers have introduced a legislation in the House of Representative to support India’s permanent membership to the UN Security Council. It is Introduced by Congressman Ami Bera and Congressman Frank Pallone, the resolution would put the House officially on record in support of India’s bid. Ami Bera, Vice Ranking Member on the House Foreign Affairs Committee and longest serving Indian-American in Congress stated that securing a permanent spot for India on the UN Security Council would strengthen democracy around the world.  

Vice President Venkaiah Naidu admits Gujarat Government gave concrete shape to the concept of river linkage and Narmada and Sabarmati rivers so that more and more farmers are benefitted  The linkage of rivers will help the farmers of our country to grow more crops and raise their earnings and contribute to the progress of the country as a result of increased irrigation facilities. Agriculture and Industry are very important for all the states and this was a beautiful dream of Pandit Deen Dayal Upadhyay.

World Rabies Day is celebrated annually to raise awareness about rabies prevention. The 2017 World Rabies Day theme is 'Rabies: Zero by 30'. This day also marks the anniversary of Louis Pasteur's death, the French chemist, and microbiologist, who developed the first rabies vaccine.

The Cabinet approved the signing of Interbank Local Currency Credit Line Agreement and Cooperation Memorandum relating to Credit Ratings by Exim Bank with member banks under BRICS Interbank Cooperation Mechanism. The Cabinet has authorized Board of Directors of Exim Bank to negotiate and conclude any individual contracts and commitments within their framework as both agreements are non-binding in nature. They will promote multilateral interaction within the area of mutual interest which will deepen political and economic relations with BRICS nations.  

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi given its approval for implementation of umbrella scheme of "Modernisation of Police Forces (MPF)" for years 2017-18 to 2019-20. The financial outlay for the scheme over the three year’s period is Rs.25,060 crore, out of which the Central Government share will be Rs.18,636 crore and the States’ share will be Rs.6,424 crore. The central budget outlay of Rs.10,132 crore earmarked for internal security related expenditure for Jammu & Kashmir, the North Eastern States and left-wing extremism affected States. It provides for setting up of State-of-Art forensic science laboratory in Amravati, Andhra Pradesh and up gradation of  Sardar Patel Global Centre for Security, Counter-Terrorism and Anti-Insurgency in Jaipur and Gujarat Forensic Science University in Gandhi Nagar. 

Home Minister Rajnath Singh will inaugurate the 13th Formation Day of the National Disaster Management Authority in New Delhi. Schools are lifeline structures of a community and their safety is important for effective learning and teaching. Around tens of thousands of children in the world have been badly affected simply because their schools were not safe.

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    Topics covered in the 28th September 2017 Current Affairs are
  • International News,
  • National News (ie. Indian Affairs),
  • important events associated with Science & Technology, Environment,
  • Bills & Acts Passed by Government,
  • Defence News,
  • About important Persons, Places,
  • Banking & Economical News,
  • Awards & Honours,
  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
  • Summits & Conference,
  • Important Committee,
  • Schemes,
  • Appointments,
  • Important Days & its Theme for Current as well as upcoming Year,
  • Books & Its Authors,
  • Agreements & MoUs,
  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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