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National – Across the India:
1. Indian government has proposed to launch an online education platform SWAYAM by leveraging information technology.
This platform will comprise of at least 350 online courses and will enable students to virtually attend the courses taught by the best faculty as well as access high quality reading resources, participate in discussion forums, take tests and earn academic grades.
Access to this platform will be further expanded by linking it to education-dedicated DTH channels.
Emphasis will be given on science education and flexibility in curriculum to promote creativity through local innovative content.
2. In a bid to insulate the country from volatility in global oil market, the government will build two more underground crude oil storages at Chandikhol in Odisha and Bikaner in Rajasthan.
India has already built underground storages in rock caverns at Visakhapatnam (1.33 million tonnes), Mangalore (1.5 MT) and Padur (2.5 MT).
Government has decided to set up Strategic Crude Oil Reserves to strengthen energy sector.
3. Finance Minister Arun Jaitley announced two new All India Institutes of Medical Sciences (AIIMS) in Jharkhand and Gujarat as part of increasing healthcare in the country.
For the first time in India the Union Budget was presented on February 1.
Jaitley said the government has set new targets to eliminate Kala Azar by 2017 and Leprosy by 2018 among other diseases to be eliminated within a targeted time.
International – Across the Globe:
1. Kuwait has suspended the issuance of visas for nationals of Syria, Iraq, Pakistan, Afghanistan and Iran.
The Kuwaiti government has told would-be migrants from the five banned nations to not apply for visas, as it is worried about the possible migration of radical Islamic terrorists.
Kuwait was the only nation to prohibit the entry of Syrian nationals prior to Trump’s executive action.
2. Prime Minister Narendra Modi will attend the Petersburg International Economic Forum in Russia, scheduled from June 1 to 3, as the Guest of Honour.
The forum witnesses more than 4,000 people from over 60 different countries every year.
It brings together the chief executives of major Russian and international companies, heads of state, political leaders, prime ministers, deputy prime ministers, departmental ministers, and governors.
Sports & Athletics:
1. Amit Mishra, after picking up his 201st T20 wicket in the Bengaluru T20I, became India’s highest wicket taker in T20 cricket, overtaking Ravichandran Ashwin’s record of 200 wickets.
Mishra achieved the milestone in his 170th T20 match after taking the wicket of England’s Jason Roy.
Dwayne Bravo holds the record for the most wickets in T20s with 367 scalps.
2. Olympic and Paralympic medals for the Tokyo 2020 Games will be made from recycled mobile phones.
The Japanese public will be asked to donate old phones and small appliances to gather two tonnes of gold, silver and bronze for the 5,000 medals.
The project hopes to promote sustainability and reduce costs.
3. Opener Rishabh Pant, who made his international debut in the T20I against England at Bengaluru has become India’s youngest T20I debutant.
Rishabh, aged 19 years, 120 days, has gone past Ishant Sharma, who made his India T20I debut aged 19 years, 152 days.
Rishabh was selected after scoring a triple century in the Ranji Trophy this season.
4. Young India leg – spinner Yuzvendra Chahal first became the first Indian bowler to record a five-wicket haul by finishing with figures of 6 for 25.
Chahal is now only the second bowler after Sri Lankan mystery spinner Ajantha Mendis to snare six wickets in an innings in T20 Internationals.
Mendis has in fact taken six wickets in an innings in T20Is twice.
Appointments & Resignations:
1. Former Delhi police commissioner Alok Verma took charge as the new Central Bureau of Investigation (CBI) chief.
Verma’s appointment was approved for a period of two years.
A three-member selection panel headed by Prime Minister Narendra Modi and comprising Chief Justice of India Jagdish Singh Khehar and Congress leader in Lok Sabha Mallikarjun Kharge approved his appointment.
Economics & Banking GK:
1. Hong Kong and Shanghai Corporation (HSBC) said that India is expected to clock a GDP growth of 7.1 per cent in 2017-18.
This is because the country gets sufficiently remonetized and the schemes in the Budget play a supportive role.
It will boost the consumption levels in the country.
2. Taxpayers who do not file their Income Tax Returns (ITRs) on time will have to shell out a penalty of upto Rs 10,000, but from the 2018-19 Assessment Year (AY).
It specified 2 levels of penalty in this regard: A fee of Rs.5000 shall be payable, if the return is furnished after the due date but on or before December 31 of the assessment year and a fee of Rs. 10,000 shall be payable in any other case.
However, for small taxpayers or where the total income does not exceed Rs five lakh, it is “proposed that the fee amount shall not exceed one thousand rupees.
Bills – New & Amendments:
1. The Union Cabinet had approved the amendments in the Constitution (Scheduled Castes) Order, 1950 to modify the list of SC in Odisha.
It also approved amending the Constitution (Pondicherry) SC Order, 1964 to change the name of the Union territory to Puducherry from Pondicherry.
In this regard, The Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017, incorporating the above changes, will be introduced in the parliament.
The amendment of SC list in Odisha makes inclusion of Sualgiri/Swalgiri caste in the list as it is Sabakhia caste which is already in the list of SC in Odisha.
Science & Technology:
1. Researchers have discovered microscopic sea animal Saccorhytus, the earliest known ancestor of humans along with a vast range of other species.
The exquisitely well preserved fossilized traces of this 540-million-year-old creature were discovered.
This balloon-like sea is the earliest known step on the evolutionary path that led to fish and eventually to humans.
2. Chinese scientists from Northwest A&F University have produced world’s first live cows with increased resistance to bovine tuberculosis (TB).
This development shows that genetic modification technology can be better suited to producing transgenic livestock with purposefully manipulated genetic.
Researchers had used a modified version of the CRISPR gene-editing technology called CRISPR/Cas9n to insert a new TB resistance gene NRAMP1 into the genome of bovine foetal fibroblasts, cell derived from female dairy cows.
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This will help you in preparing for all the competitive exams like IBPS, SSC, RRB, etc.
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