Thursday, 28 September 2017

Daily GK Update 28th September 2017




i. World Rabies Day is celebrated annually to raise awareness about rabies prevention. This day also marks the anniversary of Louis Pasteur's death, the French chemist and microbiologist, who developed the first rabies vaccine.
ii. The 2017 World Rabies Day theme is 'Rabies: Zero by 30'.

Important Takeaways from Above News-
  • WRD is organised by WHO.
  • WHO’s Constitution came into force on 7 April 1948, a date which is now celebrated every year as World Health Day.
  • Dr Tedros Adhanom Ghebreyesus is the Director-General of WHO.


i. The World Maritime Day is celebrated across the world on 28 September. The theme for 2017 World Maritime Day is ‘Connecting Ships, Ports and People’.
ii. It aims to do so by focusing on helping International Maritime Organization (IMO) member states to develop and implement maritime strategies to invest in a joined-up, interagency approach.

Important Takeaways from Above News-
  • In 1948, an international conference in Geneva adopted a convention formally establishing IMO. 
  • The body was originally named Inter-Governmental Maritime Consultative Organization (IMCO) but the name was changed in 1982 to IMO.



i. The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given the following set of approvals. The full list of Cabinet Approvals is given as follows.
ii. The Cabinet has approved-
1. Enhancement of age of superannuation of doctors other than Central Health Service (CHS) doctors to 65 years,
2. Signing of (i) Inter-bank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum relating to Credit Ratings by EXIM Bank under BRICS Interbank Cooperation mechanism,
3. Agreement on “Cooperation in the field of Information, Communication and Media” between India and Ethiopia,
4. MoU between India and Belarus in the oil and gas sector,
5. Bilateral MoU between India and Afghanistan on Technical Cooperation on Police Training and Development.


i. The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status.
ii. The proposal was endorsed at new ADB Country Partnership Strategy for 2018- 2022. The new lending programme, which includes private sector operations, is much higher than the average $2.65 billion a year in loans extended during 2012 and 2016.

Important Takeaways from Above News-
  • ADB headquarters in Manila, Philippines.
  • Takehiko Nakao is the President of ADB.

i. Russian and US space agencies, Roscosmos and NASA, have agreed to jointly build a "deep space gateway", the first-ever astronaut-tended space station around the Moon.
ii. The gateway would help prepare for manned missions to deep space destinations including Mars. NASA and Roscosmos are two of the major partners in the $100-billion Earth-orbiting International Space Station (ISS).

Important Takeaways from Above News-
  • Robert M. Lightfoot Jr. is NASA Acting Administrator.
  • NASA was established in 1958.
  • NASA stands for National Aeronautics and Space Administration.


i. Twitter has announced a test project allowing tweets to be expanded to 280 characters, double the existing limit in the latest effort to boost flagging growth at the social network. It aims to address a major cause of frustration for many users.
ii. Twitter, which became a public company in 2013, has never reported a profit even though it has built a loyal base of celebrities, journalists and political figures.

Important Takeaways from Above News-
  • Twitter is based in San Francisco.
  • Jack Dorsey is the chief executive officer of Twitter.


i. The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. With this NeSL has become the first IU registered by the IBBI and the registration is valid for five years from the date of registration.
ii. Information Utility stores financial information that helps to establish defaults as well as verify claims expeditiously and facilitates completion of transactions under the Insolvency and Bankruptcy Code in a time-bound manner.

Important Takeaways from Above News-
  • Dr M. S. Sahoo is the chairperson if IBBI.
  • Insolvency and Bankruptcy Board of India was set up on 1st October 2016 under the Insolvency and Bankruptcy Code, 2016 (Code).


i. In the United States, two influential Democratic lawmakers have introduced a legislation in the House of Representative to support India’s permanent membership to the UN Security Council.
ii. Introduced by Congressman Ami Bera and Congressman Frank Pallone, the resolution would put the House officially on record in support of India’s bid. Ami Bera, Vice Ranking Member on the House Foreign Affairs Committee and longest-serving Indian-American in Congress stated that securing a permanent spot for India on the UN Security Council would strengthen democracy around the world.


i. The Banaras Hindu University has appointed Professor Royana Singh as its Chief Proctor. She will be the first woman to hold the post, as per an official of the 101-year-old central University.
ii. Mrs Singh is a professor in the Anatomy department of the Institute of Medical Sciences. She takes charge after O.N Singh resigned from the post of Chief Proctor taking “moral responsibility” for the incident of lathi charge on students who were protesting against the victim-blaming of a colleague who was molested in the campus. 

Important Takeaways from Above News-
  • Mrs Singh is also the chairman of the Women's Grievance Cell of the BHU. 
  • Girish Chandra Tripathi is the Present Vice-Chancellor of BHU. 
  • The Founder of BHU is Madan Mohan Malaviya.


i. India’s largest private sector lender, ICICI Bank announced a new home loan scheme that offers borrowers the benefit of 1% cashback on every EMI, for the entire tenure of the loan. The offer will be valid for home loans with a minimum tenure of 15 years and the maximum tenure of 30 years.
ii. Customers can choose to adjust the cashback against principal outstanding of their home loan. The cashback will start to accrue from the first EMI itself. It will first get credited to the customer after completion of the 36th EMI.

Important Takeaways from Above News-
  • CEO of ICICI Bank is Chanda Kochhar.
  • Headquarter of ICICI is in Mumbai.


i. Public sector Syndicate Bank has cut savings account interest rate by 0.50 percent to 3.50 percent for deposits up to Rs 25 lakh. The bank has revised rate of interest on savings bank deposits with effect from October 10 to 3.50 percent from 4 percent existing rate.
ii. For the deposits above Rs 25 lakh, the interest rate is unchanged at 4 percent.

Important Takeaways from Above News-
  • Syndicate Bank was established in 1925 in Udupi, Karnataka.
  • Mr Melwyn Rego is the Managing Director & CEO of Syndicate Bank.
  • It Headquarters in Manipal, Karnataka.


i. India will host the South Asian Boxing Championship for the first time in Guwahati from December 6 to 10. Boxing Federation of India (BFI) after its executive committee meeting, stated that the country will also host the ‘India International Open tournament’ in New Delhi in the third week of January 2018.
ii. RK Sacheti has been unanimously elected as the new Executive Director of the federation. For the first time, it will initiate a grading system as well on the lines of AIBA’s star rating qualifications for coaches, referee judges.

Important Takeaways from Above News-
  • Guwahati is the largest city of Assam and Northeastern India.
  • LGB International Airport -Lokpriya Gopinath Bordoloi International Airport, also known as Guwahati International Airport and formerly as 'Borjhar Airport' also situated in Guwahati.


i. Playboy magazine founder and sexual revolution symbol Hugh Hefner has passed away. He was 91. He died at his home of natural causes.
ii. He founded the magazine in 1953. Hefner built a brand that defined the sexual culture of the second half of the 20th century.