Daily Current Affairs Update – 10th February 2017

GK Eduwrap 10 Feb



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National – Across the India:



1. Aadhaar number would be mandatory for taking food grain through the Public Distribution System (PDS) under the National Food Security Act (NFSA).


Aadhar Card mandatory for taking food grain


 According to the Aadhaar Act, producing the document for identification is compulsory for any transfers made from the Consolidated Fund of India.


 Those who don’t have an Aadhaar numbers will continue to get their monthly ration quota if they provide proof of having applied for it.


 Such persons have to necessarily apply for Aadhaar enrolment by 30th June 2017.




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2. The Union Government is not in favor of a new law for the Central Bureau of Investigation (CBI).


 The parliamentary committee has recommended replacing Delhi Special Police Establishment (DSPE) Act, 1946 which governs CBI.


 Separate statute for the CBI will necessitate amendment of Constitution which may also impinge on the federal structure of the Constitution.




3. India remains near the bottom in an International Intellectual Property (IP) Index by being ranked 43rd out of 45 countries.


U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC)


 The report is published by U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC).


 Only two countries were ranked below India – Pakistan (44th) and Venezuela (45th).


 The U.S., the U.K., Germany, Japan, Sweden, France, Switzerland, Singapore, South Korea and Italy completed the top 10 ranks.




4. Kerala’s Nilambur teak will be added to the list of Kerala produces with the Geographical Indication (GI) tag.


 It is known internationally for its superior timber quality and elegant appearance.


 GI tag is an insignia on products having a unique geographical origin and evolution over centuries with regards to its special quality or reputation attributes.




International – Across the Globe:



1. Nepal government said that free wifi zones would be set up on the Lukla-Everest Base Camp and the Annapurna Base Camp.


Free wifi zones on everest base camp


 This will be done to promote tourism and provide easy flow of information during disasters.


 The service will operate on the Okamura Model which suggests use of low-cost optical cable for high-speed internet.




2. The Israeli Embassy said that the Delhi government has decided to employ Israeli technology to clean the Yamuna river for a cleaner environment and water.


 Ayala Water and Ecology Ltd. will focus on a stretch of eight km of sewage which drains into Yamuna River.


 Ayala is also partnering with other Indian cities, including Hyderabad and Chennai, offering Israeli technology to help address water and ecological challenges.




Awards & Recognition:



1. An Indian-origin neurosurgeon Dr Shawna Pandya has been shortlisted by NASA for its 2018 space mission under the Citizen Science Astronaut (CSA) programme.


Dr Shawna Pandya


 She may join the league of Kalpana Chawla and Sunita Williams.


 Dr Pandya, who was born in Canada, is a general physician with the Alberta University Hospital.




RBI’s Sixth Bi-monthly Monetary Policy Review, Key Rates Kept Unchanged




Appointments & Resignations:



1. The US Senate confirmed Republican Alabama Senator Jeff Sessions to become US President Donald Trump’s attorney general.


Jeff Sessions


 Republicans voted in favor of their fellow Senator while all but one Democrat voted against nominating Sessions.


 Alabama Attorney General Luther Strange has been appointed to temporarily fill the vacant Senate seat left by Jeff Sessions




2. The Centre appointed three part-time non-official directors on the Reserve Bank of India’s Central Board for a four-year term.


 The Central Government has nominated Dr. Rajiv Kumar, Dr. Ashok Gulati and Shri Manish Sabharwal as directors on the Central Board of the RBI.


 The Cabinet also approved the proposal by the Department of Financial Services for appointment of three members on the local board of the RBI.


 These include Prasanna Kumar Mohanty (Southern Local Board), Vallabh Roopchand Bhanshali (Western Local Board) and Sunil Mitra (Eastern Local Board).




Economics & Banking GK:



1. The government today raised Rs 6,700 crore through sale of 2 per cent stake in tobacco-to-FMCG firm ITC, held through Specified Undertaking of the Unit Trust of India (SUUTI).


ITC Limited


 The transaction took place through block deals with Life Insurance Corporation of India (LIC).


 SUUTI, which was created to take over part of the assets and liabilities of the now-defunct Unit Trust of India, held 11.17 per cent stake in ITC.




2. Global analyst firm Gartner said that IT spends by domestic banks and securities firms will grow nearly 10 per cent to USD 8.9 billion in 2017.


 This includes total enterprise IT spending for internal spending and spending data on data center systems, devices, software, IT services and telecom services.


 The spends on IT services will grow at a faster clip of 13.8 per cent, as the companies invest more in business processes.




Memorandum of Understanding (MoU):



1. India and United Kingdom (UK) have signed a MoU to ease restrictions on the number of scheduled flights between the two countries.


India and United Kingdom (UK) signed MoU


 The MoU was formally signed by Union Minister of Civil Aviation Pusapati Ashok Gajapathi Raju on behalf of India and Lord Tariq Ahmad of UK during his visit to India.


 Limits on flights from key Indian cities including Chennai and Kolkata have been scrapped.




Recent Notable Deaths:



1. Renowned physicist and Nobel laureate Sir Peter Mansfield passed away in London, England. He was 83.


Sir Peter Mansfield


 Mansfield, along with Paul Lauterbur, had won the 2003 Nobel Prize for Physiology or Medicine for developing magnetic resonance imaging (MRI).


 He also served as a professor at the University of Nottingham.




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GK Eduwrap will help you keeping aware about all the major happenings of the country and the world and update your current affairs/general knowledge.


This will help you in preparing for all the competitive exams like IBPS, SSC, RRB, etc.


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