Daily Current Affairs Update – 20 to 22 January, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs Update of  20th, 21st and 22nd January, 2017. These are important for the upcoming IDBI PGDBF and Other exams.

Daily Current Affairs at a Glance – 20 to 22 January, 2017

  1. In another digitalisation
    initiative, Punjab National Bank (PNB)
    has launched a Contactless Credit Card
    . This new credit card, which has
    been named PNB
    Wave N Pay –Contactless Card
    , was launched by Usha
    Ananthasubramanian, Managing Director & Chief Executive Officer, PNB in the
    capital on Saturday.
  2. Multiplex chain operator PVR Pictures in January 2017 launched its
    theatre-on-demand service Vkaao.
  3. Karang, a small lake island in
    Manipur, in January 2017 became India’s
    first cashless island
    .
  4. With an aim to make the state
    addiction-free, the state government of Bihar on 21 January 2017 launched a Nasha Mukt
    campaign in the state
    .
  5. Union Government on 20 January
    2017 gave its approval for a Tamil Nadu’s draft proposal, which seeks to amend the
    Prevention of Cruelty to Animals Act
    . The proposal is primarily
    aimed at removing legal hurdles to jallikattu, a bull taming sport practiced in
    Tamil Nadu.
  6. Himachal Pradesh Chief Minister Virbhadra Singh on 19 January 2017
    declared Dharamsala
    town of Kangra district as the second Capital of the State
    .
  7. Donald Trump was sworn-in as the 45th President of the United States on 20 January 2017. He was administered the oath
    of office by Chief Justice John Roberts.
  8. The Appointments Committee of the
    Cabinet on 19 January 2017 approved the appointment of Alok Kumar Verma as the Director of the
    Central Bureau of Investigation (CBI)
    .

Financial and Banking News:
PNB launches Contactless Credit Card Wave n Pay

  • In another digitalisation
    initiative, Punjab National Bank (PNB) has launched a Contactless Credit Card.
  • This new credit card, which has
    been named PNB Wave N Pay –Contactless Card, was launched by Usha
    Ananthasubramanian, Managing Director & Chief Executive Officer, PNB in the
    capital on Saturday.
  • This card could be used by just
    waving it across the terminal and the transaction will be through. There is no
    need to enter any PIN for transactions up to Rs. 2,000.
  • The cardholder has full charge
    back rights on the misuse, a PNB statement said.
  • This contactless credit card has
    been launched on Visa Platinum platform.

MoU between India and Serbia for cooperation in IT and Electronics
approved
  • The Union Cabinet in January 2017
    gave its ex-post facto approval to a Memorandum of Understanding (MoU) signed
    between India and Serbia.
  • The MoU seeks to promote bilateral
    cooperation in the field of information technology and electronics.
  • The MoU also facilitates
    exchanges between the private entities, capacity building institutions, the
    governments and other public and private organizations of the two countries
    that are involved in information technology and electronics sectors.

PVR Pictures launched Vkaao theatre-on-demand service

  • Multiplex chain operator PVR
    Pictures in January 2017 launched its theatre-on-demand service Vkaao.
  • Vkaao is an online platform that
    enables consumers to watch any movie of their choice at a theatre of their
    choice.
  • However, the minimum requirement
    for a show to be confirmed would be 50 seats.
  • Vkaao is very disruptive and
    gives control to customers to choose what they want to watch, when and where.
  • Initially, the service will begin
    with 500 film titles across different languages and genres.
  • The company is also planning to
    increase Vkaao offerings to 1,000 titles in 3 months. By the end of 2017, it
    will offer around 2,500 film titles.

Union Government finalises MoU on MSME Cooperation with IORA Member
Countries
  • The Union Ministry of MSME on 20
    January 2017 finalised MoU on MSME Cooperation with Indian Ocean Rim
    Association (IORA) member countries.
  • The MoU will be effective once
    when it is signed by all the 5 countries of IORA.

Key focus areas of MoU
  • To finalise linkages and
    alliances amongst various MSMEs organizations, associations and institutions
    engaged in MSME development in their respective countries.
  • To exchange greater involvement
    of MSMEs in the global supply chain and to increase their market access.
  • To promote youth and women’s
    economic empowerment.
  • To exchange best practices,
    policies and programs for MSME development
  • To encourage synergies with the
    IORA forum.

Highlights of the MoU
  • The coordinating agency for the
    implementation of this MoU will be IORA Secretariat at Mauritius.
  • This MoU is expected to provide
    an appropriate platform to IORA MSMEs to interact with each other and
    participate in trade fairs.
  • It will facilitate buyer-seller
    meetings, visits of delegations and will acquire appropriate technology and
    explore trade and investment opportunities.

Manipur’s Karang became India’s first cashless island

  • Karang, a small lake island in
    Manipur, in January 2017 became India’s first cashless island.
  • The island was declared as the
    country’s first cashless island by the Union Ministry of Electronics and
    Information Technology under its Digital India programme.
  • M Harekrishna, Deputy
    Commissioner of Bishnupur district, confirmed that the island fulfilled the
    Union Government’s necessary criteria to be declared as cashless island.
  • The campaign to make the island
    cashless was held from 9 January to 12 January 2017. Karang Island Boat
    Association and Panthoibi Khoyol Standard Association extended help in holding
    campaigns on cashless transactions.
  • At present, most of the families
    residing in Karang go for cashless transactions. As of now, 400 beneficiaries,
    16 merchants, including six motor boat service providers, have registered
    themselves.

Non-financial news – India and states:
Bihar government launched Nasha Mukt campaign to make state
addiction-free

  • With an aim to make the state
    addiction-free, the state government of Bihar on 21 January 2017 launched a
    Nasha Mukt campaign in the state.
  • The Nasha Mukt campaign saw
    participation of about two crore people. The participants including Chief
    Minister Nitish Kumar, all teachers and students of schools and colleges formed
    human chains across the state. The total length of the chain was 11292
    kilometres. It will cover all panchayats of the state.
  • In view of the human chain,
    traffic will be stopped from 10 AM to 3 PM on the day.
  • Chief Minister Nitish Kumar has
    said that ‘nasha mukti’ in Bihar will herald a new era in the state as no one
    will be permitted to use intoxicating substance and tobacco products.

Union Government cleared Tamil Nadu’s proposal to amend Prevention of
Cruelty to Animals Act

  • Union Government on 20 January
    2017 gave its approval for a Tamil Nadu’s draft proposal, which seeks to amend
    the Prevention of Cruelty to Animals Act. The proposal is primarily aimed at
    removing legal hurdles to jallikattu, a bull taming sport practiced in Tamil
    Nadu.
  • The draft proposal was accepted
    by the Union Government in the wake of ongoing protests in various parts of
    Tamil Nadu over ban on jallikattu.
  • The proposal seeks to de-notify
    bulls from the prohibited category mentioned in the Prevention of Cruelty to
    Animals Act.

Dharamsala declared as second capital of Himachal Pradesh

  • Himachal Pradesh Chief Minister
    Virbhadra Singh on 19 January 2017 declared Dharamsala town of Kangra district
    as the second Capital of the State.
  • Dharamsala is located at some 250
    km from the state capital Shimla. It has its own significance and history to
    make it the second capital of the state.
  • Dharamsala is a city in Kangra
    district of Himachal Pradesh and was formerly known as Bhagsu. Kangra is the largest
    district in the state with 15 of 68 assembly seats.

Ministry of AYUSH, ASCI signed MoU to co-regulate misleading
advertisements in the AYUSH sector
  • Ministry of AYUSH on 20 January
    2017 signed a Memorandum of Understanding (MoU) with the Advertising Standards
    Council of India (ASCI). The MoU was inked with an aim to curtail the
    malpractices in the advertisement of AYUSH drugs.
  • As per the MoU, ASCI will
    comprehensively monitor advertisements the cases of misleading advertisements
    of Ayurveda, Unani, Yoga and Naturopathy, Siddha and Homoeopathy drugs,
    treatments and related services, advertised across print and electronic media.
  • ASCI was given a self-monitoring
    mandate to identify potentially misleading advertisement in the AYUSH sector.
    It will process its complaints through its Consumer Complaints Council (CCC).
  • Complaints of misleading
    advertisements received by the Ministry of AYUSH will be redirected to the
    ASCI, which will be reviewed using ASCI’s code and guidelines.
  • ASCI will report all
    advertisements in potential violation of the Drugs and Magic Remedies
    (Objectionable Advertisements) Act, 1954 and Rules to the Ministry of AYUSH.
  • The violation will also be
    reported under non-compliance of ASCI’s CCC recommendations for the Ministry of
    AYUSH to take further action.

TeamIndus proposes nameplate on the Moon for a price

  • TeamIndus, a space start-up based
    in Bengaluru, has proposed an opportunity to its donors to leave their name on
    moon. For this purpose, people will have to pay Rs 500.
  • As per the plan, names of the
    donors will be micro-engraved on a small-sized aluminium object and placed on
    the lunar surface which will land on moon on 26 January 2018.
  • As per Sheelika Ravishankar, Jedi
    Master – Marketing and Outreach of TeamIndus, the plan is part of a
    crowd-funding effort.
  • It is an effort to make people
    aware about their ancestors, whenever people will start travelling to the moon.
  • The mission will be launched on
    28 December 2016 on the PSLV rocket and travel 3.84 lakh kilometres from the
    earth.

Appointments – India and World:
Donald Trump sworn-in as 45th US President

  • Donald Trump was sworn-in as the
    45th President of the United States on 20 January 2017. He was administered the
    oath of office by Chief Justice John Roberts.
  • In the ceremony, Trump placed his
    left hand on two bibles including the historic Abraham Lincoln Bible and
    recited the oath of the office to become the most powerful man on this Earth.
  • With this swearing-in, Trump took
    over the reins from Barack Obama amid expectations of radical change in
    policies and apprehension at home and abroad.
  • Apart from Trump, Mike Pence was
    also sworn-in as the Vice President of the United States. He took the oath of
    the office before Trump.

Alok Kumar Verma appointed as CBI Director

  • The Appointments Committee of the
    Cabinet on 19 January 2017 approved the appointment of Alok Kumar Verma as the
    Director of the Central Bureau of Investigation (CBI). His appointment will be
    for a period of two years from the date of assumption of charge of his office.
  • Verma succeeded Anil Sinha, who
    retired from his office on 2 December 2016. At present, Rakesh Asthana, an
    IPS-officer of Gujarat cadre, is the interim director of the investigating
    agency.
  • Alok Kumar Verma, currently Delhi
    Police commissioner, is a 1979 batch Indian Police Service officer of the
    Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre. He took over
    Delhi Police as its Commissioner on 29 February 2016.
  • His name was cleared by a
    three-member selection panel headed by Prime Minister Narendra Modi. The other
    two members of the panel were the Chief Justice of India Jagdish Singh Khehar
    and Congress leader in Lok Sabha Mallikarjun Kharge.

Adama Barrow sworn in as President of Gambia in Senegal
  • Adama Barrow on 19 January 2017
    was sworn in as the third President of The Gambia at a ceremony in the Gambian
    embassy in Dakar, Senegal.
  • With the swearing in ceremony
    comes an event that marked The Gambia’s first change of presidency in 22 years.
    It is also the first change of presidency by democratic means since
    independence from Britain in 1965.
  • Barrow had won the 2016 Gambian
    presidential elections that were held in The Gambia on 1 December 2016.
  • Soon after the inauguration of
    Barrow in neighbouring Senegal, troops from a bloc of West African countries
    have entered Gambia in support of him.

Sports News:
Punjab Royals wins Pro Wrestling League Season 2
  • NCR Punjab Royals on 19 January
    2017 were crowned the champions of the Pro Wrestling League Season 2.
  • The Punjab Royals triumphed over
    Haryana Hammers 5-4 at the K D Jadhav Indoor Stadium in New Delhi.
  • The winners were presented with
    the Champions trophy along with a prize money of Rs. 1 crore and 90 lacs. The
    runners up were awarded the prize money of Rs. 1 crore and 10 lacs.

Sponsored


(adsbygoogle = window.adsbygoogle || []).push({});

Regards

Team ExamPundit