Current Affairs

Last updated : September 22, 2019 13 hours ago

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  • Shri Amit Shah launches Emergency Response Support System ERSS- Dial 112

    13 hours ago
    Union Minister for Home Affairs, Shri Amit Shah launched three citizen centric services of the Chandigarh Police, in Chandigarh. The services include the Emergency Response Support System (ERSS - Dial 112), ‘E-Beat Book’ System and the ‘E-Saathi App’.

    ERSS is one of the key projects of the Union Ministry of Home Affairs under Nirbhaya Fund. It is designed to play a pivotal role in mitigation or preventing escalation of crime, especially against women and children. ERSS provides a single emergency number (112), computer aided dispatch of field resources to the location of distress. Citizens can send their emergency information through call, sms, email and through the 112 India mobile app.

    The ‘Dial 112’ emergency response service is an initiative to strengthen proactive community policing that would end confusion amongst distress callers, who at times end up dialling 100 in fire or medical emergency cases. The Emergency Number for Road Accidents (1073),Women Helpline (1091, 181), Child Help Line (1098), including other Helpline services would be added under the 112 unified emergency response number.


    E beat Book

    The E-Beat Book is a web and mobile based application which will ease the collection, updation and analysis of information related to crime and criminals in a real time. Chandigarh has been divided in 54 divisions. The E-Beat Book would be linked with Crime and Criminal Tracking Network & Systems (CCTNS), which would help in a real time updation of crime/criminal data. The citizen can directly approach the Atal Sehbhagita Kendra for redressal of their grievances and can render their suggestions too.

    The ‘E-Saathi’ App would help the general public, including senior citizens, to remain in touch with the police and also give suggestions to facilitate participatory community policing(‘Your Police at Your Doorstep’ initiative). The officer would become more efficient in his/her working, this would make police-people communication a two-way process, on the other.

    These valuable public services would effectively reduce the response time of police to address the distress calls of the public and strengthen the police-public interface endeavor of community policing.

    Top Current Affairs of the day: 22 September 2019

    13 hours ago
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    Top Current Affairs Quiz Questions: 22 September 2019

    3 hours ago
    22 September 2019: Current Affairs quiz Questions & Answers to enhance your General Awareness. Practice with our esteemed Current Affairs quiz September 22, 2019 questions which covers all important events across India as well as World. Make use of all important Current Affairs quiz September 22, 2019 questions with answers updated here, at free of cost to succeed in all competitive Exams and Interviews.

    EAC PM welcomes the measures taken by the Government to Revive Economic Sentiment

    13 hours ago
    Union Minister for Finance & Corporate Affairs Smt Nirmala Sitaraman revised the corporate tax rate downward and altering the percentage and application of Minimum Alternate Tax in certain cases. She took measures to stabilize and enhance the flow of funds into the capital market and broadened the scope of CSR funding. 
    EAC-PM welcomed these comprehensive measures. These are important steps which will boost investment and enhance India’s economic growth. Finance Minister gave an option to corporations to choose between reduced tax rates and prevailing exemptions. The Council lower tax rate of 15% for companies making fresh investments in the coming months is bound to trigger new investments which will further augment India’s GDP. This augmentation will counterbalance the revenue that will be foregone.
    The part of the series of measures taken by the Government to revive economic sentiment will go a long way in helping India realize its full economic potential.
    Category: Indian Affairs

    NASSCOM DSCI MeitY and Google India launched a nationwide Digital Payment Abhiyan

    13 hours ago
    Nasscom’s Data Security Council of India (DSCI) collaborated with the electronics and IT ministry (MeitY) and Google India to launch a nationwide awareness campaign Digital Payment Abhiyan
    Communications and Electronics & IT Minister Ravi Shankar Prasad launched the campaign that will educate end-users on the benefits of making digital payments and urge them to adopt security and safety best practices.
    The campaign was launched at the Google for India event.
    Aim:
    To drive the campaign objectives and amplify outreach to users across all states, DSCI has onboarded various digital payments ecosystem partners.
    These partners include representation from banking, card networks as well as fin-tech segment.
    Airtel Payments Bank Ltd, Axis Bank, BharatPe, CID Karnataka, Google Pay, Government of Telangana, HDFC Bank, MasterCard, NABARD, National Payments Corporation of India (NPCI), Paypal, Paytm Payments Bank Limited, PayU, State Bank of India (SBI) and VISA.

    Pan India Campaign
    The Pan-India campaign crafted in seven languages namely Hindi, English, Tamil, Telugu, Kannada, Bengali and Marathi and will engage with users and make them aware of the dos and don’ts for different payment channels including UPI, wallets, cards as well as netbanking and mobile banking.
    Digital payments are shaping the financial ecosystem by providing citizens with new mediums to pay electronically and move towards a cashless society.
    India is forecasted to see the fastest growth in digital payments transaction value between 2019 and 2023, with a CAGR (compounded annual growth rate) of 20.2 percent, ahead of China and the United States, the KPMG report said.
    Globally, the digital payments market size is expected to touch $10.07 trillion by 2026.The growth will be fuelled majorly by emerging Asian countries which are forecasted to grow by 28.8 percent till 2024.
     

    ISB Hyderabad ranked 7th globally and 1st in Asia in Forbes Best International 1-Year Business Schools 2019

    13 hours ago
    Indian School of Business (ISB) Hyderabad, Telangana ranked 7th globally and 1st in Asia in the Forbes Best International 1-Year Business Schools 2019 rankings. The Forbes surveyed more than 100 schools. The annual Forbes list ranked the schools on their 5-year MBA (Master of Business Administration) gain.
    ISB participated in the ranking for the first time.
    ISB’s Post Graduate Programme in Management (PGP) is currently ranked 24 worldwide as per the Financial Times Global MBA Rankings 2019.The top most institutes are:
    1    International Institute for Management Development (IMD)    Lausanne, Switzerland
    2    Insead Fontainebleau (France) & Singapore
    3    Judge Business School    Cambridge, United Kingdom
    4    SDA Bocconi School of Management    Milan, Italy
    5    Said Business School    Oxford, United Kingdom

    Indian School of Business (ISB) 
    Indian School of Business is a private business school established in India in 2001. It has two campuses in Hyderabad, and in Mohali. It offers certificates in various post-graduate management programs.

    Samuel Joseph Jebaraj appointed as DMD of IDBI Bank for 3 years

    13 hours ago
    IDBI Bank's Board of Directors approved the appointment of Samuel Joseph Jebaraj as Deputy Managing Director (DMD) for a period of 3 years with effect from September 19, 2019. The decision has been taken as per the approval received by the Reserve Bank of India (RBI).
    This is the first major appointment on the Bank’s Board, in which the Life Insurance Corportion of India (LIC) acquired a majority stake of 51 per cent in January 2019. The DMD position became vacant after KP Nair superannuated in May 2019.
    Samuel Joseph joined the Export-Import Bank of India (Exim Bank) in 1998. 
    He heads the Loan Administration and Human Resources Management Groups of the Bank as Chief General Manager.
    He headed the Corporate Banking, SME, Treasury, Accounts & Information Technology Groups at the Head Office of the Bank.
    He has served in the Bengaluru, Hyderabad, Milan and London Offices of Exim Bank in various capacities.
    The LIC invited applications from Indian nationals with an exemplary track record for one post of DMD. IDBI Bank has two DMDs on its Board.

    IDBI Bank
    Headquarters: Mumbai
    Founder: GOI by Act of Parliament
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  • ISRO to prioritize Gaganyaan mission

    1 day ago
    Indian Space Research Organisation (ISRO) Chief K Sivan has announced that the Chandrayaan-2 mission has achieved 98% of its objectives. Despite tracing the location of the lander Vikram, communication could not be established. The Space Agency confirmed that the lander is intact as a single-piece and not broken into pieces.
    Chandrayaan-2 mission aimed at science and technology demonstration which was almost achieved fully. The lunar mission was India's first attempt at landing a spacecraft on the moon.

    Gaganyaan Mission:
    ISRO has announced its next priority mission Gaganyaan. The most ambitious manned mission has been scheduled to be launched in 2022. Gaganyaan's mission aims to send the astronauts to space and bring them back to earth safely.

    Top Current Affairs of the day: 21 September 2019

    1 day ago
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    Top Current Affairs Quiz Questions: 21 September 2019

    1 day ago
    21 September 2019: Current Affairs quiz Questions & Answers to enhance your General Awareness. Practice with our esteemed Current Affairs quiz September 21, 2019 questions which covers all important events across India as well as World. Make use of all important Current Affairs quiz September 21, 2019 questions with answers updated here, at free of cost to succeed in all competitive Exams and Interviews.

    Former Dutch football player Fernando Ricksen passes away

    1 day ago
    Former Rangers and Netherlands football player Fernando Ricksen passed away at the age of 43.
    He earned 12 caps for the Netherlands between 2000 and 2003.
    Around six years (2000-2006) with the club of Rangers Glasgow.
    Scotland won 2 Scottish Premier League titles, 2 Scottish Cups and 3 Scottish League Cups.

    Fernando Ricksen
    Fernando Jacob Hubert Hendrika Ricksen a Dutch professional footballer played as a right-back and right midfielder.He joined Rangers for £3.75 million in 2000.
    Category: Obituary

    Reserve of Bank of India tightens norms for banks up penalties

    1 day ago
    Reserve Bank of India prescribed a turnaround time (TAT) for banks to settle failed transactions for customers and also notified compensations payable for various types of customer complaints.
    The financial compensation should be done suo motu by the bank, without waiting for a complaint or a claim by a customer.
    The central bank had first announced a move to harmonise TAT this April for resolving customer complaints and compensation after observing that time taken for resolving customer complaint varies across payment systems.
    To have prompt and efficient customer service in all electronic payment systems it is necessary to harmonise the TAT of resolution of customer complaints and charge-backs and to have a compensation framework in place for the benefit of customers.
    The RBI categorised eight different avenues of transaction in which the new guidelines will be applicable, including ATMs, card transactions, immediate payment system, unified payment interface and prepaid cards.
    The timeline for auto-reversal has been set at between one day after the transaction to five days.
    The financial compensations have been set at Rs 100 per day if the reversal does not happen within a specified timeline.
    The move is aimed at upping customer confidence and bringing-in uniformity in processing of the failed transactions
    Customers who do not get the benefit of redress of the failure as defined in the TAT, can register a complaint to the banking ombudsman

    India to leverage its Strategic Energy Partnership with USA

    1 day ago
    India and USA plan to further strengthen their Strategic Energy Partnership launched in New Delhi in It includes larger energy imports from the US by the world’s third-largest oil importer state-run firms such as Indian Oil Corporation Ltd. (IOCL).
    Petronet LNG Ltd may ink a deal with US liquefied natural gas (LNG) developer Tellurian Inc for around $2 billion in the proposed Driftwood project in Louisiana.
    Prime Minister Narendra Modi visit to the energy resource rich country where he will be addressing an energy round table in Houston China and India.

    Indian Oil Corporation 
    It is the country’s largest refiner inked two-term contracts totalling 4.6 million tonnes (mt) of USA crude oil for 2019-20 from Norway’s Equinor ASA and Algeria’s state energy company Sonatrach. India is sourcing liquified natural gas and oil from the USA with Indian firms investing $4 billion in US shale gas assets.
    Category: International

    Public Sector Banks to organise loan melas in 400 districts

    1 day ago
    Public-sector banks (PSBs) hold public meetings with borrowers for distributing loans in 400 districts of the country to boost demand ahead of the festive season.
    Union Finance Minister Nirmala Sitharaman announced the banks will take help from non-banking financial companies (NBFCs). The National Democratic Alliance (NDA) government will be following the footsteps of its predecessor, the United Progressive Alliance (UPA) government introduced the concept of loan mela to boost credit by directing banks to lend to people through public meetings.
    The government has told PSBs not to declare stressed assets of micro, small and medium enterprises (MSMEs) non-performing assets (NPAs) till March 31 next year.
    This will come as a major boost to the sector with its 65 million firms employing around 120 million workers the biggest job creation after the agriculture sector.
    The government is also considering a special dispensation for the farm and MSME sectors.

    National Democratic Alliance (NDA)
    The announcements were made by the finance minister held a review meeting with top executives of PSB.
    The RBI says there is enough liquidity in the system but we keep hearing that it is not reaching the ground level.
    This will ensure that loans will reach people transparently.
    Such public meetings will take place in two phases during September 24-29 in 200 districts and October 10-15 in another 200 districts in shamiana or ceremonial tents. The banks have been told to extend all kind of loans, including those for housing and vehicles.
    The banks will avail of the special dispensation given by the RBI circular MSME sector Restructuring of Advances, dated January 1, 2019.
    MSMEs are unable to repay loans within 90 days of the due date and their accounts will not be treated as NPAs and banks will not seize their assets and take other action for loan recovery. However, according to the RBI circular, the aggregate exposure, including non-fund based facilities, of banks and NBFCs to the borrower should not exceed 25 crores as on January 1, 2019.
    It should continue to be a standard account as of January 1.
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  • DRDO successfully test flighted Astra

    2 days ago
    Defence Research and Development Organisation (DRDO) successfully flight tested Astra, the Beyond Visual Range Air-to-Air Missile (BVRAAM). It was launched from Sukhoi Su-30 MKI platform off the coast of Chandipur, Odisha. Indian Air Force (IAF) has completed the user trial phase of the weapon system of Astra successfully.

    Built by:
    The state-of-the-art BVRAAM was built by DRDO along with IAF. Hindustan Aeronautics Limited (HAL) has modified the aircraft for weapon integration. Apart from this, more than 50 public and private industries have contributed to building the Astra weapon system.

    Trial campaign:
    ♦ The trial tests were held from 16th to 19th September 2019. 
    ♦ DRDO conducted 5 trial tests in different configurations. 
    ♦ 3 missiles were launched in combat configuration with warhead and manoeuvring targets were neutralized to establish the end game capability of the missile. 
    ♦ A direct hit of the target by the telemetered missile at the maximum range was also successfully tested.
    ♦ All the mission parameters and objectives were met as all the subsystems performed accurately as per the specifications.
    As Astra has been successfully induction of the missile system into Indian Air Force, which will certainly be a force multiplier considering its accuracy and effectiveness in neutralizing aerial threats.

    Astra BVRAAM:
    Astra BVRAAM is the first air-to-air missile developed by India. The range of the missile is more than 100 kms with modern guidance and navigation techniques. The missile has built in midcourse guidance and Radio Frequency (RF) seeker based terminal guidance to achieve target destruction with pinpoint accuracy. The technologies developed under the programme will be the building blocks for the development of future variants of Air-to-Air and Surface-to-Air Missiles.

    Top Current Affairs of the day: 20 September 2019

    2 days ago
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    Top Current Affairs Quiz Questions: 20 September 2019

    2 days ago
    20 September 2019: Current Affairs quiz Questions & Answers to enhance your General Awareness. Practice with our esteemed Current Affairs quiz September 20, 2019 questions which covers all important events across India as well as World. Make use of all important Current Affairs quiz September 20, 2019 questions with answers updated here, at free of cost to succeed in all competitive Exams and Interviews.

    Twenty two scientists received 2018 National Geoscience Awards

    2 days ago
    Twenty-two scientists were awarded the National Geoscience Awards for the year 2018. They were awarded for their outstanding contributions in the field of geosciences, mining, and allied areas. The award was conferred by the Minister of Parliamentary Affairs, Coal and Mines, Shri Pralhad Joshi.

    Aim of the award:
    The award aims to strengthen the synergy between the professional and academic institutions working in the field of geoscience. 

    Award categories:
    The National Geoscience Awards 2018 were given in three categories namely:
    1) National Geoscience Award for Excellence
    2) National Geoscience Awards
    3) Young Scientist Award
    National Geoscience Awards includes areas like Groundwater exploration, Mineral exploration, Mineral beneficiation, Mining technology, Basic and applied geosciences, Sustainable mineral development, Geo-environmental studies Natural hazards investigation.

    Awardees:
    The list of National Geoscience Awards 2018 is given below:


    The Award for Excellence was conferred to Prof. Syed Wajih Ahmad Naqvi, Council of Scientific and Industrial Research (CSIR) for his significant global contributions in the field of aquatic biogeochemical research. 
    The Young Scientist Award-2018 was received by Dr. Sohini Ganguly, Goa University. She was awarded for her significant work in the fields of petrology, volcanology, and geochemistry.

    About National Geoscience Awards:
    The annual award was instituted by the Ministry of Mines in 1966. The awards are an incentive of the Ministry to encourage geoscientists for striving towards excellence. The award recognizes contributions in the field of fundamental or applied geosciences, mining, and allied areas.

    VCAS Air Marshal RKS Bhadauria to be next Chief of the Air Staff

    3 days ago
    Ministry of Defence has announced to appoint Vice chief of air staff (VCAS) Air Marshal Rakesh Kumar Singh Bhadauria as the next Chief of the Air Staff (CAS). The announcement comes ahead of the retirement of the current Air Chief Marshal BS Dhanoa will on 30 September 2019. It is expected that RKS Bhadauria will be taking charge on 30 September.

    RKS Bhadauria:
    Air Marshal RKS Bhadauria is the senior most officer in the Indian Air Force (IAF) after Air Chief Marshal Dhanoa. He was commissioned into the Fighter Stream of IAF in June 1980. He has held various Command including Commanding Officer of Flight Test Squadron at Aircraft & System Testing Establishment, Command of a Jaguar Squadron and a premier Air Force Station, Chief Test Pilot and Project Director of National Flight Test Centre on Light Combat Aircraft (LCA) project, Staff and Instructional appointments at various levels including the present one as Vice Chief of Air Staff. 
    Bhadauria is experienced with over 4,250 hours on 26 types of fighters and transport aircraft. He has won the Sword of Honour as he stood first in the overall order of merit.
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