Friday, 28 July 2017

Daily GK Update 28th July 2017



i. World Hepatitis Day (WHD) takes places every year on 28 July and brings the world together under a single theme to raise awareness of the global burden of viral hepatitis and to influence real change.
ii. The Theme for World Hepatitis Day 2017 is 'Eliminate Hepatitis'.

i. Tax authorities of the five BRICS countries have signed a landmark document to establish a mechanism for taxation cooperation. The BRICS Taxation Cooperation Memorandum, signed at the fifth meeting of BRICS Heads of Tax Authorities, is the bloc’s first document that elevates taxation cooperation to the institutional level.
ii. The authorities also agreed to cooperate on taxation information exchange, improve consultation procedures efficiency, boost taxation capacities and plan paths for coordination of taxation policies and tax collection.

Important Takeaways from Above News-
  • The BRICS countries – Brazil, Russia, India, China and South Africa – are home to 42 per cent of the world’s population.
  • BRICS was established in 2006.


i. Leading bourse BSE joined hands with Egyptian Exchange (EGX) for cooperation in exchange of information across business areas.
ii. Through this MoU, a range of opportunities has been explored for the development of their businesses, products and markets to share knowledge and strengthen international connectivity.

Important Takeaways from Above News-
  • Ashishkumar Chauhan is the present Managing Director and CEO of BSE.
  • The currency of Egypt is Egyptian Pound.


i. Amazon’s share price propelled founder Jeff Bezos to the top of a list of the world’s richest individuals—for less than a day. Mr. Bezos, who is also chairman and chief executive of the Seattle-based company, was worth almost $91bn (£70bn) after Amazon’s share price rose more than 1 per cent in morning trading in New York.
ii. That put his fortune ahead of Microsoft co-founder Bill Gates'. The latter has a net worth of around $90.7bn and has been at the top of Bloomberg’s rich list since 2013. But Mr Bezos slipped back into second place later in the day.

Important Takeaways from Above News-
  • Mr. Bezos, who founded the company in 1994, owns around 17 per cent of Amazon’s shares.


i. Mumbai Metro announced the launch of India's first Mobile Ticketing System 'OnGo' which will help commuters pass the AFC gates using their mobile phones.
ii. Commuters will be able to generate a QR Code through 'OnGo' service for current or future journeys upto a week in advance by clicking the mobile app wherein they would pay for their journey. 

Important Takeaways from Above News-
  • Mumbai Metro is a consortium formed by Reliance Infrastructure Ltd, MMRDA and Veolia Transport SA, France.
  • Mrs. Ashwini Bhide is the present Managing Director of Mumbai Metro Rail Corporation.


i. Union Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change, Dr. Harshvardhan launched an app “India Quake”  for Earthquake Parameter Dissemination on the occasion of Foundation Day of Ministry of Earth Sciences.
ii. The App will make information dissemination faster with no restrictions on the number of recipients. Any citizen can download this App and get the real time earthquake location information on his/her mobile.

Important Takeaways from Above News-
  • Earthquake is measured by Seismograph.
  • Ministry of Earth Sciences foundation day is celebrated on 27th July of every year.


i. Nawaz Sharif has resigned as prime minister of Pakistan following a decision by the country's Supreme Court to disqualify him from office.
ii. The ruling came after a probe into his family's wealth following the 2015 Panama Papers dump linking Mr Sharif's children to offshore companies.

Important Takeaways from Above News-
  • Muhammad Ali Jinnah was the first prime minister of Pakistan.


i. Olympic silver medallist P V Sindhu has been appointed a Group-I officer in Andhra Pradesh. Chief minister N Chandrababu Naidu handed over the government order to the Rio Olympics silver winning shuttler.
ii. Chandrababu Naidu had promised a Group-I post to Sindhu when she won the silver medal in Olympics. Accordingly, she was appointed the deputy collector. 

Important Takeaways from Above News-
  • PV Sindhu is the fifth Indian woman to clinch a medal in Olympics history after Karnam Malleswari, Mary Kom, Saina Nehwal and Sakshi Malik.


i. Axis Bank has re-appointed Shikha Sharma as MD & CEO of Axis Bank for the three-year term from June 2018. Her current term was to end in June 2018.
ii. Axis Bank informed Bombay Stock Exchange that board of directors has approved the re-appointment.

Important Takeaways from Above News-
  • The Headquarter of Axis bank is in Mumbai. 
  • Axis Bank is one of the first new generation private sector banks to have begun operations in 1994.


i. Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches.
ii. Under this agreement, Bajaj Allianz General Insurance will offer personal lines of insurance products such as health, personal accident, home, motor and travel along with the commercial line of insurance products such as property, marine and engineering insurance, etc to the bank's customers.

Important Takeaways from Above News-
  • MD of  Punjab National Bank Sunill Mehta.
  • The Headquarter of PNB is in New Delhi.


i. India’s Ajay Singh has won the bronze medal in Asian Youth and Junior Weightlifting Championships at Kathmandu, taking India’s tally to three. Ajay got third place in 77 kgs men’s junior category lifting 143 kgs in snatch and 172 kgs in clean and jerk.
ii. S. Nirpupama Devi had won bronze in 69 kgs women youth category. Konsam Ormila Devi had won gold in 44kg weight category on an opening day.

Important Takeaways from Above News-
  • The Capital of Nepal is Kathmandu.
  • The Currency of Nepal is Nepalese rupee.
  • The Prime minister of Nepal is Sher Bahadur Deuba.


i. The Asian Football Confederation (AFC) Competition Committee officially awarded Indonesia the hosting of the AFC Under-19 Championship 2018.
ii. The AFC U-19 championship is scheduled to be held from October 18 to November 4 of 2018.

Important Takeaways from Above News-
  • Headquarters of Asian Football Confederation (AFC) is in Kuala Lumpur, Malaysia.
  • The capital of Indonesia is Jakarta.


i. Bollywood actor Inder Kumar passed away recently. He was 44. Inder Kumar suffered a heart attack at his residence in Andheri’s Four Bungalows. He has worked in more than 20 films.
ii. He also shared the screen space with Salman Khan in Wanted and Tumko Na Bhool Paayenge among others.

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