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Current Affairs Quiz –30 30th August, 2017

Current Affairs – 30th August, 2017

  1. Fourth session of India-Tanzania Joint Trade Committee held in New Delhi
  • The Fourth Session of the India-Tanzania Joint Trade Committee meeting was held in New Delhi, on 29th September, 2017.
  • The Indian delegation was led by Hon’ble Minister for State for Commerce and Industry (Independent Charge) Ms. Nirmala Sitharaman. The Tanzanian delegation was led by the Hon’ble, Minister for Industry, Trade and Investment Mr. Charles John Mwijage.
  • With an investment of US $ 2.2 billion, Tanzania is among the top 5 investment destinations for India. The Indian side conveyed to the Tanzanian side that the potential areas for Tanzania in India include Light oils and petroleum or bituminous minerals, motor cars and vehicles, medicaments etc Similarly, Metals and Minerals, dried cashew nuts in shells from Tanzania are required in India.
  • The Tanzanian side encouraged co-operation in the field of Fisheries, Industrial Development including Industrial Research and Development and SMEs Development, Information, Communication and Technology, Labour and Employment, Information, Culture, Arts and Sports.
  • In the sectoral co-operation Gems and Jewellery, energy (Hydro/Thermal/Gas/Diesel/solar power plants), Oil and Natural Gas, Mining, Transport, Agriculture, Water Supply Projects, Human Resource Development, Capacity Building and trade promotion were discussed.

  1. Shri Rajnath Singh Inaugurates “YUVA – A Skill Development Program”
  • The Union Home Minister Shri Rajnath Singh inaugurated the YUVA – a skill development program. It is an initiative by Delhi Police under Pradhan Mantri Kaushal Vikas Yojana.
  • The YUVA initiative by Delhi Police aims to connect with youth by upgrading their skill as per their competencies. Delhi Police has tied up with National Skill Development Corporation (NSDC) and Confederation of Indian Industry (CII) for providing mass job linked skill training for the selected youth.

  1. First Synergy Conference on Defence pension Organised.
  • The Defence Accounts Department (DAD) organized its first Synergy Conference on Defence Pensions.
  • The objective of the conference was to obtain feedback from the pensioners that would help the department to serve them better with constantly improving systems and procedures. Digitization of pension data and implementation of a pensions app were also discussed in detail.
  • The panel formed to interact with the pensioners was headed by Addl. CGDA Shri Upendra Sah. It had on the panel Joint Secretary (Ex-Servicemen Welfare) Shri Ravi Kant representing the Ministry of Defence, Principal CDA (Pensions) Shri Praveen Kumar. Services representatives ACOP (CP) Rear Admiral KK Pandey and DDG (PS) Brig. JK Rao were also among the panelists.

  1. PM Modi to visit China for BRICS summit
  • Prime Minister Narendra Modi will travel to China’s Xiamen to attend the BRICS summit from September 3 to 5.
  • The announcement coincided with Bhutan’s confirmation that both India and China had withdrawn their troops from Doklam. It underlined the importance of maintaining “status quo”, something Delhi had accused Beijing of changing “unilaterally”.
  • Modi will travel to Myanmar on September 5 for a two-day trip — his first visit to the country.

  1. Ashish Chauhan: BSE seeks another 5-year term for Chauhan as CEO
  • Top stock exchange BSE’s board has approved another five-year term for its chief Ashish Chauhan, who has steered a strong turnaround and a highly- successful IPO of the bourse with strong business expansion.
  • Chauhan, who joined BSE as Deputy CEO in 2009, was made MD and CEO for a period of five years with effect from November 2, 2012.
  • Chauhan also happens to be one of the founding team members of National Stock Exchange (NSE) where he worked from 1992 to 2000.
  • From 2000 to 2009, he worked as the President and Chief Information Officer of Reliance group and was also the CEO of the IPL cricket team Mumbai Indians in its formative years.

  1. Indian Hotels appoints Puneet Chhatwal as MD & CEO
  • Indian Hotels Company Limited (IHCL), which runs the Taj chain of hotels, has appointed India-born Puneet Chhatwal as chief executive officer.
  • Chhatwal, a fluent German speaker is the CEO of Frankfurt-headquartered Deutsche Hospitality, which owns the Steigenburger chain of hotels in Europe, Middle East and Africa.
  • Chhatwal will replace Rakesh Sarna who is stepping down with effect from September 30, 2017. Selected among five external candidates and half a dozen Tata Group alumni and existing top brass, Tata group’s leadership including chairman N Chandrasekaran and Ratan Tata met Chhatwal in Munich.
  • Chhatwal started his career with ITDC and was chief development officer of the Rezidor Hotel group, which owns the popular Radisson brand of hotels, before joining Deutsche Hospitality in 2012.

  1. Sri Lankan selection committee headed by Jayasuriya resigns
  • The Sri Lankan selection committee, headed by Sanath Jayasuriya, has resigned in the wake of the team’s disastrous showing in the ODI series that followed the 0-3 Test whitewash against India and a loss to Zimbabwe.
  • Along with the former batsman, Ranjith Madurasinghe, Romesh Kaluwitharana, Asanka Gurusinha and Eric Upashantha have also resigned, according to a notification from the Sri Lankan Ministry of Sports.

  1. ICEX launches world’s first diamond futures contracts
  • The Indian Commodity Exchange (ICEX) launched the world’s first diamond futures contracts on Monday to provide exporters with a hedging tool.
  • India is a global Diamond polishing hub where 14 out of every 15 rough diamonds in the world are polished. At the launch, the first diamond contract for delivery in November was traded at Rs 3,279/cent. One cent is the one-hundredth of a carat (ct).
  • With over 103 registered members so far, ICEX has launched 1 ct diamond futures contract for delivery in November and followed by contracts with monthly settlements. 50 cents and 30 cents contracts will be introduced after making the initial contract successful. The 1-carat contract for expiry in November, December and January will have delivery centre at Surat.

  1. IAEA opens atomic fuel reserve in Kazakhstan to ensure supply
  •   Ensuring the supply of nuclear fuel in the event of disruption due to political or market problems is the objective of the International Atomic Energy Agency’s Low Enriched Uranium Bank, which opens this week in Kazakhstan.
  •  The reserve will store 90 tons of low-enriched uranium (LEU), the essential ingredient needed to make the fuel for light-water nuclear reactors, which generate electricity.
  •   The IAEA insists that the reserve is a “mechanism of last resort” for situations in which a UN member nation cannot access fuel by the usual means.
  •  In fact, 90 tons represents a rather small quantity in relation to world consumption, although it would be enough to fully load a light-water reactor capable of supplying electricity to a large city for three years.
  •  The bank has been established at the Ulba metallurgical plant in northern Kazakhstan, and authorities are responsible for the security of the facility, even though management is the responsibility of the IAEA.

  1. YouTube changes its logo for the first time, introduces new features
  • Google-owned YouTube has refreshed its iconic logo and introduced some major design changes to its desktop and mobile apps.
  • The logo ditches the red colour inside the “Tube” part of the name and places the now familiar play icon to the left side of the YouTube name.
  • The service is also getting a new typeface, colour scheme and several major changes to the look, feel and functionality of its desktop and mobile app.

  1. NITI Aayog announces winners of the Women transforming India Awards 2017
  • Union minister Smriti Irani and Niti Aayog Vice Chairman Arvind Panagariya awarded 12 women to recognise the transformational impact of work undertaken by them across India’s villages, towns and cities
  • ‘Women Transforming India Awards’ was launched by Niti Aayog last year in partnership with the UN in India and MyGov.
  • The awardees included goat veterinarian Sunita Kamble for creating alternative livelihood opportunities for women, Raji Borthakur for creating a smart glove which can predict epileptic seizures before they occur, Safeena Husain for her work to transform girls’ education in rural areas and Arunima Sinha for being India’s first amputee to climb Mount Everest


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