Current Affairs Update – 27-30 October, 2017



Hello and welcome to exampundit. Here are the Important Current Affairs from 27 to 30 October, 2017. These are very important for the upcoming IBPS PO, IBPS RRB, OICL AO, UIIC Assistant & NICL Assistant Exams.

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Banking & Financial
News
SBI extends Rs 2,317 crore for
rooftop solar power projects

  • State Bank of India on Monday
    announced sanction of Rs 2,317 crore credit facilities to JSW Energy, Hinduja
    Renewables, Tata Renewable Energy, Adani Group, Azure Power, Cleantech Solar
    and Hero Solar Energy for executing rooftop solar projects with aggregate
    capacity of 575 MW.
  • The sanction is towards financing
    Grid Connected Rooftop Solar projects under the SBI-World Bank (WB) Programme.
  • SBI has availed a line of credit
    of $625 million from World Bank for on-lending to viable Grid Connected Rooftop
    Solar projects undertaken by PV developers and end-users, for installation of
    rooftop solar systems on the rooftops of commercial, institutional and
    industrial buildings, an official statement said.
  • Financing is being provided to
    those with sound technical capacity, relevant experience, and creditworthiness,
    meeting SBI standards, it said.
  • SBI has so far sanctioned 43
    projects with aggregate credit facilities of Rs 2,766 crore under the
    programme. This would add 695 MW of solar rooftop capacity to the grid, and is
    a significant step towards meeting the Government of India’s target of 40 GW of
    solar rooftop installations.
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World Bank, Fin Min sign loan
deal worth $200 mn for aiding Assam agri-biz

  • The Ministry of Finance and the
    World Bank on Monday announced the signing of a loan agreement worth $200
    million for the Assam Agribusiness and Rural Transformation Project.
  • “Project will support Assam
    Govt to facilitate agri-business investments, increase agricultural
    productivity and market access among others,” the Finance Ministry said in
    a tweet.
  • It added that the project will
    also enable the small farm holders to produce crops that are resilient to
    recurrent floods or droughts in the state.
  • “The $200 million loan from
    International Bank for Reconstruction and Development (IBRD), has a seven-year
    grace period, and a maturity of 16.5 yrs,” added another tweet.
  • However, the World Bank will
    release it’s ‘Doing Business’ report on October 31.
  • Following this, Prime Minister
    Narendra Modi had reportedly ordered ministries to work towards improving
    India’s rank in the Ease of Doing Business.   
India sends first shipment to
Afghanistan through Iran’s Chabahar port

  • India on 29 October 2017 sent its
    first consignment of wheat to Afghanistan through Iran’s Chabahar port.
  • The move has been seen as a
    landmark one to operationalise the new strategic transit route, bypassing Pakistan.
    The shipment was flagged off from Kandla port in Gujarat by Indian External
    Affairs Minister Sushma Swaraj and her Afghan counterpart Salahuddin Rabbani,
    who joined in through video conferencing.
  • In an official statement, the
    Ministry of External Affairs said that the shipment of wheat is a landmark
    moment as it will pave the way for operationalisation of the Chabahar port as
    an alternate, reliable and robust connectivity for Afghanistan.
  • The consignment will be
    transported to Afghanistan from Chabahar through land route. Six more wheat
    shipments will be sent to Afghanistan over the next few months.
Sagarmala project: Shipping
Ministry offers grant to JNPT and Karwar port

  • The Ministry of Shipping
    sanctioned Rs 25 crore to the Jawaharlal Nehru Port Trust (JNPT) for
    development of coastal berth and another Rs 50 crore to the Karwar port in
    Karnataka on 27 October 2017. The grant was offered under the Sagarmala
    project.
  • The objective behind the Coastal
    Berth Scheme (under Sagarmala project) is to develop infrastructure by
    providing financial assistance to ports or states. The purpose is to foster
    movement of cargo and passengers either by sea or national waterways.
  • The project at the Jawaharlal
    Nehru port Trust (JNPT) will be completed by March 2019 with an estimated cost
    of Rs 170 crore.
  • JNPT is expected to handle about
    2.5 million Tons of the coastal traffic and allow easy and quick coastal
    movement of cement and edible oil.
  • The Karwar port project is likely
    to be completed in three years and it involves expansion of the existing
    southern breakwater by 145 metres and construction of a new north breakwater of
    1,160 metres.
India, Sri Lanka sign MoU to
build 1200 houses in Hambantota

  • India on 26 October 2017 signed a
    Memorandum of Understanding (MoU) with Sri Lanka to build 1200 houses in
    Hambantota, a southern port city of Sri Lanka.
  • The MoU was signed today by
    Indian High Commissioner to Sri Lanka Taranjit Singh Sandhu and Sri Lanka’s
    Secretary to the Ministry of Housing and Construction W.K.K. Athukorala.
  • The 1200 houses will be
    constructed through 50 model villages using Indian grant assistance of Rs 600
    million.
  • Out of these 1200 houses, 600
    will be constructed in the Southern Province, while the remaining will be
    constructed across Sri Lanka with one model village in each of the 25
    districts.
  • The project will target low
    income landless and homeless beneficiaries.
  • A cash grant of Rs 500000 will be
    provided to each beneficiary in five instalments.
Indian Railways to get its first
set of solar plants

  • Indian Railways’ first set of
    solar plants having a total capacity of 5 megawatt peak (MWp) would be launched
    in New Delhi on 27 October 2017.
  • The launch would be conducted by
    Union Railway Minister Piyush Goyal. The plants built on the roof tops of Hazrat
    Nizamuddin, New Delhi, Anand Vihar and Delhi railway stations would be
    generating 76.5 lakh units of solar power cumulatively every year and are
    expected to meet about 30 per cent of the energy requirement of these stations.
  • The project would help the
    railways save around Rs 421.4 lakh annually and reduce 6082 tonnes of CO2
    emissions.
  • This project is a part of the
    Union government’s National Solar Mission in which Indian Railways plans to
    commission around 1000 MWp solar plants across its wide rail network.
  • It was awarded in December 2016.
  • The cost of the project is around
    Rs 37.45 Cr and has been bought in by the developer under the PPP model.
Union Government to send CCI
officials to Telangana to resolve cotton procurement issue

  • The Union government has decided
    to send a team of officials of Cotton Corporation of India (CCI) to Telangana
    in order to resolve the issues related to cotton procurement in the state.
  • The information was shared by the
    Additional Secretary in the Textiles Ministry, Pushpa Subramanyam, who said
    that the CCI officials would soon visit the state to look into the plight of
    cotton growing farmers.
  • Former Union Minister and Lok
    Sabha Member, Bandaru Dattatreya, had earlier wrote a letter to Textiles
    Minister Smriti Irani seeking her immediate intervention to resolve the issue.
  • In his letter, Dattatreya had
    expressed concern about the cotton farmers in the state, as they were on a
    agitation mode due to their demand of minimum support price for their produce.
    He said that 48 lakh bales of cotton in 12.50 lakh hectares is expected to come
    to market during the current season and the procurement price being offered to
    farmers is only 2,000 rupees against the MSP of 5,100 rupees per quintal in
    2016.
News related to India and states
SC to form Constitutional bench
to hear petitions against Aadhar SC to form Constitutional bench to hear
petitions against Aadhar

  • The Supreme Court on 30 October
    2017 decided to form a constitutional bench to hear petitions against Union
    Government’s decision to make Aadhaar mandatory for availing various services
    and government welfare schemes.
  • A bench comprising Chief Justice
    Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud, announced that a
    larger bench would be formed to hear these petitions.
  • On 24 August 2017a nine-judge
    Constitution bench held that the Right of Privacy was a Fundamental Right under
    the Constitution. Petitioners are challenging the validity of Aadhaar raising
    the issue that the scheme violates rights of privacy.
  • The petitioners termed the
    linking of the Unique Identification Authority of India (UIDAI) number with
    bank accounts and mobile numbers as illegal and unconstitutional.
  • They also objected to the Central
    Board of Secondary Education’s (CBSE) move to make Aadhar compulsory for
    students to appear for exams.
  • Petitioners also argued that the
    Union Government cannot compel citizens to link their Aadhaar with either bank
    accounts or mobile numbers.
India, Japan begin anti-submarine
warfare exercise

  • The naval forces of India and
    Japan initiated an intensive air anti-submarine warfare exercise in the Indian
    Ocean on 29 October 2017. The exercise will conclude on 31 October 2017.
  • The exercise would witness
    participation from a P-8 I Long Range Maritime Reconnaissance Anti Submarine
    Warfare aircraft of Indian Navy and two P-3 Orion Anti Submarine Warfare
    aircraft of Japan Maritime Self-Defense Force (JMDSF).
  • The P-3 Orion aircraft reached
    the Naval Air Station INS Hansa in Goa on 29 October for the exercise.
  • The exercise is happening at a
    time when the presence of Chinese ships and submarines in the Indian Ocean has
    increased.
  • Maritime security and freedom of
    navigation has also figured prominently in India’s recent bilateral and
    multi-lateral defence dialogues.
Bharat Net project: Phase 1 to be
completed by December 2017

  • The first phase of the national
    optic fibre network, also known as Bharat Net project, is expected to be
    completed by December 2017.
  • The project mainly aims to deploy
    high-speed optical fibre cables across rural areas. Hence, its completion will
    provide internet access to around 100,000 gram panchayats.
  • The information was shared by
    Aruna Sundararajan, Secretary, Department of Telecommunications, while she was
    speaking at the fourth edition of ‘i-Bharat 2017’ conference, which was
    organised in New Delhi by FICCI in association with the ministry of electronics
    and information technology. The theme of the conference was ‘ICT Elucidations
    for Unserved and Unsolved’.
  • Speaking on the same,
    Sundararajan said that so far, Bharat Net has reached 83,000 gram panchayats.
    She further added that it is imperative to create a fibre-first programme where
    the government, as well as private sector, can join hands to achieve the
    objective of doubling the reach of telecom fibre network in the country by
    2020.
India to host UN wildlife summit
CMS COP13 in 2020

  • United Nations Environment
    Programme (UNEP) on 28 October 2017 announced that India will host the next CMS
    Conference of the Parties 13 (CMS COP13) in the year 2020. CMS COP is a global
    wildlife conference.
  • The announcement was made during
    the 12th Meeting of the Conference of the Parties 12 (COP12) to the Convention
    on the Conservation of Migratory Species of Wild Animals (CMS) in Manila, the
    Philippines.
  • CMS COP12 was held from 23 – 28
    October 2017 and was attended by over 500 delegates from more than 120
    countries. The theme of the Conference was ‘Their Future is Our Future –
    Sustainable Development for Wildlife and People’.
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Vrindavan, Barsana declared as
Sacred Sites, no meat and liquor shops allowed

  • The Uttar Pradesh government on
    27 October 2017 issued an order notifying Vrindavan and Barsana towns in
    Mathura district as ‘sacred pilgrimage sites’ (‘pavitra teerth sthals’).
  • With this, Vrindavan and Barsana
    became the first two places to be notified as teerth sthal in government
    records. No meat and liquor shops will be allowed in these towns anymore.
  • As per the state government, the
    main objective behind declaring Vrindavan and Barsana as pilgrimage sites is to
    honour the sentiments of devotees, who are hurt by the operations of liquor and
    meat shops. The move will help in restoring the age-old traditions of these
    places.
  • The government also directed the
    various state departments including departments of Urban Development, Excise,
    Food and Drug Administration, General Administration and Home to take necessary
    steps in this regard within three months.
The Paik Rebellion to be named
‘First War of Independence’ in history books

  • The Paik Rebellion of 1817, also
    called the Paika Bidroha, will be known as the ‘First War of Independence’ in
    the history books of students from the next academic session onwards.
  • The information was shared by the
    Union Minister of Human Resource Development, Prakash Javadekar on 22 October
    2017 while attending a function marking the bicentenary of Paika Rebellion in
    Bhubaneswar.
  • “Paika Bidroha will find a
    place as the First War of Independence against the British Rule in the history
    books. The students should learn the factual history of 1817,” Javadekar
    said. He also added that the Union government has allocated Rs 200 Cr to mark
    the occasion across the country.
Appointments
YC Modi took charge as Director
General of National Investigation Agency

  • Senior IPS officer Yogesh Chander
    (YC) Modi on 30 October 2017 took charge as the Director General of the
    National Investigation Agency (NIA). Modi succeeds Sharad Kumar, who retired on
    30 October 2017 itself.
  • Modi is an IPS officer of the
    1979 batch of the Haryana cadre.
  • Prior to joining the NIA, he
    worked with the Central Bureau of Investigation (CBI) for 10 years while
    serving two terms where he handled Special Crime and Economic Offences besides
    Anti-Corruption cases.
Jacinda Ardern elected Prime
Minister of New Zealand

  • Jacinda Ardern was sworn in as
    the New Prime Minister of New Zealand on 26 October 2017. New Zealand’s Labor
    leader Jacinda Ardern became Prime Minister after Winston Peters leader of New
    Zealand First and Greens supported her Party to form a coalition government.
  • With this the 37 year old Jacinda
    became the youngest New Zealand female leader in 150 years.
  • National party leader Bill
    English had to accept defeat despite a winning 44.4 per cent of the vote,
    higher than Labour’s 36 per cent. It won 56 seats out of 120 in the parliament
    and is seen as the strongest opposition in New Zealand.
  • This was the first time since New
    Zealand adopted proportional voting since 1996.
Sports
Virat Kohli becomes fastest
batsman to break 9000-run mark

  • Indian skipper Virat Kohli on 29
    October 2017 became the sixth Indian and fastest to complete 9000 ODI runs
    during India’s third and final one-day international against New Zealand in
    Kanpur.
  • India beat New Zealand by six
    runs to take the series 2-1. While Rohit Sharma was named Man of the Match for
    his astounding knock of 147, winning Captain Virat Kohli was named Man of the
    Series.
  • Kohli and Sharma together added
    230 runs for the second wicket thus, becoming the first pair to achieve double
    century partnerships on four occasions.
  • Virat Kohli with his individual
    score of 113 runs became the sixth Indian to complete 9000 ODI runs. He got to
    the landmark in the 37th over.
  • Mahendra Singh Dhoni had reached
    the milestone in 2016. Other Indians who have achieved the feat previously
    include Sachin Tendulkar, Rahul Dravid, Sourav Ganguly and Mohammad Azharuddin.
  • Overall, Kohli, who played his
    202nd innings, has become the 19th batsman to break the 9000-run mark, making
    him the fastest to get there.
  • Kohli with his knock also
    surpassed Rahul Dravid (48 tons) to become the second Indian batsman with most
    international hundreds (49) , only after Sachin Tendulkar (100 tons).
  • Earlier in the series, Kohli had
    surpassed former Australian skipper Ricky Ponting in the list of most ODI
    hundreds with his 31st ton.
Kidambi Srikanth wins Men’s
Singles Title in French Open

  • Indian shuttler Kidambi Srikanth
    on 29 October 2017 lifted the men’s singles title of the French Open
    Superseries badminton in Paris.
  • Srikanth beat Japan’s Kenta
    Nishimoto 21-14, 21-13 in the final to clinch the title.
  • This is Srikanth’s fourth title
    in the fifth superseries final after winning in the Denmark Open, Indonesia
    Open and Australia Open.
  • The Women’s doubles title was won
    by Greysia POLL and Apriyani Rahayu who defeated Lee Sottee and SHIN Seung Chen
    21-17, 21-15.
  • Tontowi Ahmad and Liliyana NATSIR
    clinched the Mixed Doubles title thrashing Zheng Siwei and Chen Qingchen 22-20,
    21-15.
Delhi Olympic Games to be held in
December

  • The Delhi State Olympic
    Association announced on 26 October 2017 to organise Delhi Olympic Games in the
    capital city. The sporting events will be held from 9 December 2017- 18
    December 2017. The announcement to conduct a sporting event of Olympic level
    came in order to promote Olympics and also the spirit of sports and sportsmen
    in Delhi.
  • The nine-day sporting events will
    be held in 25 different stadiums in various parts of Delhi including Talkatora
    Stadium, Indira Gandhi Stadium, National Stadium, Thyagaraj Sports Complex,
    Siri Fort, among others.
  • The games will include hockey,
    boxing, wrestling, weightlifting, swimming, karate, wushu and 28 other
    disciplines.
  • Olympic wrestler Yogeshwar Dutt
    was confirmed as the brand ambassador of Delhi Olympic Games 2017.
World News
Saudi Arabia to allow women into
sports stadiums from 2018

  • Turki Al-Asheikh, Chairman of the
    General Sports Authority of Saudi Arabia, on 29 October 2017 announced that
    Saudi women will now be able to attend sports events in stadiums starting from
    2018.
  • In this regard, the authority
    will start the repair works at three main stadiums in Riyadh, Dammam and Jeddah
    to accommodate families starting in 2018. Restaurants, cafes and monitor
    screens will be set up inside the stadiums.
  • Though the country has several
    stadiums, but the government chose the biggest and most important ones. The
    stadiums are home to six teams in the Saudi Professional League and two of the
    stadiums included have the highest seating capacity in the kingdom.
  • The move is aimed at empowering
    and engaging women in the society as an integral part of the development
    process.
‘Dadagiri’, ‘Jugaad’, ‘Surya
Namaskar’ among 70 Indian words added to Oxford English Dictionary

  • Indian words like ‘Dadagiri’,
    ‘Jugaad’, ‘Surya Namaskar’, ‘Anna’, ‘Achcha’, ‘Bapu’ and few others were added
    to the Oxford English Dictionary (OED) in the month of September 2017.
  • These words are among 70 Indian
    words from various regional languages like Telugu, Tamil, Hindi, Bengali and
    Gujarati that were added to the dictionary.
  • The dictionary added over 1000
    new words in its September edition.
  • Several Indian food items names
    found their place in the dictionary this year. These food items names are
    Bhindi, Gosht, Gulab Jamun, Keema, Mirch, Mirch Masala, Namkeen and Vada.
  • Frequently used terms like
    jugaad, funda, achcha, natak, timepass and chup also found their place in the
    dictionary.
  • Alongside respectful words like
    ‘ji’, ‘mata’ and ‘jai’, this free online dictionary included the words like
    ‘dadagiri’, ‘chaudhuri’, ‘chamcha’.
Days
World Day for Audiovisual
Heritage 2017 observed globally

  • World Day for Audiovisual
    Heritage was observed across the world on 27 October 2017 with the theme
    ‘Discover, remember and share’.
  • On this day, the United Nations
    Educational, Scientific and Cultural Organization (UNESCO) encourages
    audiovisual archives around the globe to celebrate 27 October by showcasing
    their precious collections to promote the value of audiovisual heritage.
  • As per UNESCO, audiovisual
    documents like films, radio and television programmes are common heritage and
    contain the primary records of the history of the 20th and 21st centuries. In
    order to safeguard this audiovisual heritage, the World Day for Audiovisual
    Heritage is observed every year.
Infantry Day observed on 27
October

  • Infantry Day was observed across
    India on 27 October 2017 to commemorate the sacrifices made by the infantry who
    fought against Pakistan in Jammu and Kashmir in 1947. This was the first
    infantry action by the Indian Army after independence.
  • In 1947, Jammu and Kashmir was
    invaded by tribals who were getting support from Pakistani Army.
  • The then Prime Minister Jawahar
    Lal Nehru ordered the Indian Army for quick action against the invaders.
    Following the order, the 1st Battalion of the SIKH Regiment was sent to
    Kashmir.
  • On 27 October 1947, the Regiment
    was airlifted from Delhi and landed at Srinagar to liberate Kashmir from the
    invaders.
Obituaries
Malayalam writer Punathil
Kunjabdulla passes away

  • Renowned Malayalam writer
    Punathil Kunjabdulla passed away on 27 October 2017 in Kozhikode following a
    prolonged illness. He was 77.
  • Kunjabdulla is regarded as one of
    the major figures of modernism in Malayalam literature.
  • He won the Sahitya Akademi award
    for his novel Smarakasilakal in 1980 and the Kerala Sahithya Akademi award
    twice for the same novel in 1978 and for Malamukalile Abdulla in 1980.
  • In 2013, he was honoured with
    Mathrubhumi Literary Award, the biggest literature award in Malayalam.

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