Thursday, 14 September 2017

Test of the Day



Q1. India’s first and longest ropeway to connect Mumbai with the famous Island in the Arabian Sea is planned to be constructed by the Mumbai Port Trust. What is name of that Island? 
 Majuli Island
 Havelock Island
 Barren Island
 Elephanta Island
 Diu Island
Solution:
India’s first and longest ropeway to connect Mumbai with the famous Elephanta Island in the Arabian Sea is planned to be constructed by the Mumbai Port Trust, according to the official report.

Q2. The Indian Navy has begun a joint maritime exercise with the French Navy at the Mediterranean Sea to further deepen combat coordination between the two navies. The Joint exercise is named as ____________.
 PARAKRAM
 VARUNA
 KAUSHAL
 GRAMANA
 SHAKTI
Solution:
The Indian Navy has begun a joint maritime exercise with the French Navy at the Mediterranean Sea to further deepen combat coordination between the two navies. Guided missile destroyer INS Mumbai, stealth frigate INS Trishul and fleet tanker INS Aditya are taking part in the 'Varuna' exercise.

Q3. The White House has recently named a retired Marine major general ______________ as the new Director of the Secret Service.
 Sandish Machol
 Sebastian Andrew
 Randolph Ailes
 Johnnefer Sout
 Harrynara Dahol
Solution:
The White House has named a retired Marine major general Randolph Ailes as the new Director of the Secret Service. Ailes was in the Marine Corps for 35 years.

Q4. The World Intellectual Property Day is celebrated globally on __________.
 March 28
 March 21
 April 19
 April 28
 April 26
Solution:
Every April 26, World Intellectual Property Day is celebrated to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.

Q5. An Asset Reconstruction Company (ARC) in India is associated with-
 UCPDC
 DICGC
 NPA
 Home Loan
 None of the given options is true
Solution:
Asset Reconstruction Company (ARC) also known as Securitization company in India helps to unlock the value of non-performing assets (NPA) in banks through Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002.ARC is regulated by RBI as a Non Banking Financial Company (NBFC).

Directions (6-10): Study the following information carefully and answer the question given below- 
A, B, C, D, E, F, G and H are eight friends sitting around a circular table. Four of them are facing away from the centre and four of them are facing towards the center. Each of them reads different magazine -Frontline, Outlook, Famina, Filmfare, Digit, Tinkle, Autocar and Yojna. All of them are wearing different colour shirts viz. White, Blue, Orange, Pink, Green, Purple, Yellow and Red but not necessarily in the same order. E faces towards the centre and wear White shirt. Both the immediate neighbors of E face away from the centre and are wearing either Orange or Pink colour shirt. D faces away from the center and he reads Frontline magazine. Both the immediate neighbours of D do not face away from the centre. E sits third to the right of F, who wears Green shirt and faces away from the centre. C sits third to the left of F. The one who wears Orange shirt sits opposite to F. The one who wears Blue shirt is not the immediate neighbour of F and faces away from the centre. A sits second to the left of C and he wears neither Yellow nor Red shirt. The one who wears Yellow shirt sits between H and F. B faces away from the centre, and reads Outlook magazine and does not have a Blue shirt. E reads Autocar magazine. The person who reads Filmfare magazine sits opposite to D. The one who wears Purple shirt read Famina magazine. The person who reads Yojna magazine is not near to G or E. C faces the person who reads Tinkle magazine.

 Q6. Which one of the following related to Purple?
 E
 F
 B
 D
 A
Solution:
(6-10)

Q7. Which one of the following related to Orange?
 B
 H
 F
 D
 None of these

Q8. How many persons are there between the one who related to Pink and the one who related to Orange when counted in anticlockwise direction from the person who related to Pink?
 Four
 Two
 Three
 CND
 None of these

Q9. Which one of the following related to Pink?
 B
 H
 F
 D
 None of these

Q10. Which of the following is B’s position with respect to F?
 Fourth to the left
 Third to the right
 Second to the left
 Second to the right
 None of these

Directions (11-15): Study the following Bar-graph and answer the question carefully. 
Percentage of people in a city (Total number of People = 40250)  

Q11. What is the respective ratio of the men to the women working in night shifts from the call center and Chemistry Industries respectively?
 22 : 3
 21 : 4
 23 : 5
 7 : 1
 None of these
Solution:

Q12. What is the approximate average number of females working in night shifts from all the industries together?
 2200
 2100
 2150
 2227
 None of these
Solution:

Q13. Total number of men is approximately what percent of total number of women working in night shifts from all industries together?
 200%
 250%
 20%
 100%
 None of the above
Solution:

Q14. The number of women working in night shifts from the gaming industry is approximately what percent of the total number of women working in the night shifts from all the industries together?
 11%
 13%
 15%
 17%
 None of these
Solution:

Q15. What is the difference between the total number of men and the total number of women working in night shifts from all the industries together?
 13500
 12542
 13524
 14000
 13000
Solution:

Directions (16-20): Rearrange the following six sentence (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.  
(A) The application of economic, environmental and consumer pressures have been on an increase in recent years.
(B) As a result, our agro-food production and technology are amongst the most advanced in the world.
(C) They are thus able to provide expertise and technology to satisfy the needs of agro-food production.
(D) In turn, the support industries have developed to an equally advanced state.
(E) They have also equipped themselves with the necessary expertise to satisfy the most exacting requirements of the overseas markets.
(F) These have greatly influenced the development of the agriculture and food industries in our country.

 Q16. Which of the following should be the SECOND sentence after rearrangement?
 F
 E
 D
 C
 B
Solution:
Option A is the starting statement. Second, sentence is statement F.

Q17. Which of the following should be the THIRD sentence after rearrangement?
 F
 E
 D
 C
 B
Solution:
D is the third option.

Q18. Which of the following should be the FOURTH sentence after rearrangement?
 F
 E
 D
 C
 B
Solution:
They have also equipped themselves with the necessary expertise to satisfy the most exacting requirements of the overseas markets.

Q19. Which of the following should be the FIFTH sentence after rearrangement?
 F
 E
 D
 C
 B
Solution:
They are thus able to provide expertise and technology to satisfy the needs of agro-food production.

Q20. Which of the following should be the SIXTH (LAST) sentence after rearrangement?
 F
 E
 D
 C
 B
Solution:
It is the conclusive statement As a result, our agro-food production and technology are amongst the most advanced in the world.

QUIZ-14


Q1. India and Japan have agreed to collaborate closely in defence production, including on dual-use technologies. Who is the present Prime Minister of Japan?
(a) Shinzo Abe
(b) Yoshihiko Noda
(c) Naoto Kan
(d) Xi Jinping
(e) Yukio Hatoyama
S1. Ans.(a)
Sol. India and Japan have agreed to collaborate closely in defence production, including on dual-use technologies. The two countries resolved to ramp up overall military engagement under the bilateral special strategic framework. Shinzo Abe is the present Prime Minister of Japan.

Q2. The book of Former Foreign Secretary named “How India Sees the World: Kautilya to the 21st Century”- was launched recently. The book is written by __________.
(a) Ranjan Mathai
(b) Chokila Iyer
(c) Shyam Saran
(d) Lalit Mansingh
(e) Nirupama Rao
S2. Ans.(c)
Sol. The book of Former Foreign Secretary Shyam Saran named “How India Sees the World: Kautilya to the 21st Century”- was launched by former Prime Minister Dr. Manmohan Singh.
Q3. NITI Aayog has recently constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. The Task Force will be headed by ____________.
(a) Arvind Panagariya
(b) Rajiv Kumar
(c) Amitabh Kant
(d) Narendra Modi
(e) Shereen Bhan
S3. Ans.(b)
Sol. NITI Aayog has constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr. Rajiv Kumar.
Q4. The defence entity of which of the following company had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces?
(a) TATA Power
(b) Bharat Earth Movers
(c) Heavy Vehicles Factory
(d) Ashok Leyland
(e) Reliance Defence Services
S4. Ans.(d)
Sol. The defence entity of Hinduja Group flagship company Ashok Leyland had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces.
Q5. Which of the following countries will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships?
(a) Australia
(b) Japan
(c) China
(d) USA
(e) India
S5. Ans.(e)
Sol. India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships. The Executive Board of Commonwealth Weightlifting Federation met at Gold Coast, Australia and decided to allot the 2019 edition of the competitions to India.
Q6. Name the Bollywood actress who has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.
(a) Priyanka Chopra
(b) Parineeti Chopra
(c) Aishwarya Rai Bachchan
(d) Diya Mirza
(e) Neha Dhupia
S6. Ans.(b)
Sol. Bollywood actress Parineeti Chopra has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.
Q7. Name the telecom company of India that has entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.
(a) MTNL
(b) Reliance Communications
(c) BSNL
(d) Tata Teleservices
(e) Bharti Airtel

S7. Ans.(c)
Sol. State-owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.
Q8. In which of the following country, Energy Efficiency Services Limited (EESL), under Ministry of Power has launched UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme?
(a) Singapore
(b) Myanmar
(c) Nepal
(d) Malaysia
(e) Bangladesh
S8. Ans.(d)
Sol. Energy Efficiency Services Limited (EESL), under Ministry of Power, Government of India has launched UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia.
Q9. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers. Exide Life Insurance is head quartered in __________.
(a) Bengaluru
(b) Jaipur
(c) Ahmedabad
(d) Kolkata
(e) Mumbai
S9. Ans.(a)
Sol. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers. It is head quartered in Bengaluru. Kshitij Jain is the MD and CO of Exide Life Insurance.
Q10. India’s first operational Smart City and IFSC, GIFT City has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award. GIFT City is situated in ______________.
(a) Karnataka
(b) Gujarat
(c) Maharashtra
(d) Punjab
(e) Goa
S10. Ans.(b)
Sol. India’s first operational Smart City and IFSC, Gujarat International Finance-Tec City (GIFT City), has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award.
Q11. A joint military training exercise will be conducted in this month in Washington, USA between India and the USA. The exercise is named as ____________.
(a) Exercise Varuna-XII
(b) INDUS-X
(c) Exercise Parakram 2017
(d) Malabar Exercise-X
(e) Yudh Abhyas-2017
S11. Ans.(e)
Sol. A joint military training, Exercise Yudh Abhyas-2017 will be conducted at Joint Base Lewis McChord, Washington, USA from 14 to 27 September 2017 between India and the USA.
Q12. Name the Insurance Company that has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore.
(a) Sun Life Financial
(b) MetLife
(c) SBI Life Insurance
(d) AXA Life Insurance
(e) Prudential
S12. Ans.(c)
Sol. SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore ($1.3 billion).
Q13. The Andhra Pradesh government has recently signed an MoU with Hyperloop Transportation Technologies (HTT) to build India's first Hyperloop system. HTT is a company based in ______________.
(a) Russia
(b) France
(c) China
(d) USA
(e) Japan

S13. Ans.(d)
Sol. The Andhra Pradesh government has signed an MoU with the US-based Hyperloop Transportation Technologies (HTT) to build India's first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in Andhra Pradesh, supposedly covering the distance of over 35 km in just five minutes.
Q14. Who is the present Managing Director and Group CEO of GIFT City?
(a) Sanjeev Mathur
(b) Ajay Pandey
(c) Arun Gupta
(d) Arjun Singh
(e) Kapil Tiwari
S14. Ans.(b)
Sol. Ajay Pandey is the Managing Director and Group CEO of GIFT City. GIFT City, India’s first International Financial Services Centre (IFSC).
Q15. Who is the present Chairman & Managing Director of BSNL?
(a) Sandeep Jajodia
(b) Rajiv Kumar
(c) Anupam Shrivastava
(d) Deepak Kumar
(e) Anil Jyoti
S15. Ans.(c)
Sol. The present Chairman & Managing Director of BSNL is Shri Anupam Shrivastava.

QUIZ-14


Q1. Name the Bank that was recently included by RBI in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank.
(a) Axis Bank
(b) Punjab and National Bank
(c) Bank of Baroda
(d) HDFC Bank
(e) Allahabad Bank
S1. Ans.(d)
Sol. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.

Q2. DBS Bank India has recently received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India. DBS Bank is headquartered in ____________.
(a) Switzerland
(b) Netherlands
(c) Singapore
(d) New Zealand
(e) Russia
S2. Ans.(c)
Sol. DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India.
Q3. External Affairs Minister SushmaSwaraj was on a three-day visit to attend the third Eastern Economic Forum which was held in __________.
(a) France
(b) Russia
(c) Japan
(d) China
(e) South Africa
S3. Ans.(b)
Sol. External Affairs Minister SushmaSwaraj arrived in Russian port city of Vladivostok on a three-day visit to attend the third Eastern Economic Forum which will deliberate on pressing issues relating to global trade. Delegates from at least 24 countries are attending the gathering.
Q4. In which of the following city, Metro Rail service has been flagged off recently?
(a) Varanasi
(b) Jodhpur
(c) Jaipur
(d) Kochi
(e) Lucknow

S4. Ans.(e)
Sol. Union Home Minister Rajnath Singh and UP CM Yogi Adityanath jointly flagged off its commercial run. The 8.5-km 'priority corridor' from Transport Nagar to Charbagh will be operational from 6 am to 10 pm daily. Rs. 6,00,080crore has been spent in the Lucknow Metro Project.
Q5. Name the country that has banned individuals and organizations from raising funds through Initial Coin Offerings (ICO) or Cryptocurrencies.
(a) China
(b) Japan
(c) USA
(d) Indonesia
(e) Oman
S5. Ans.(a)
Sol. China has banned individuals and organizations from raising funds through Initial Coin Offerings (ICO), or launches of digital currencies, saying the practice constituted illegal fund-raising.
Q6. Name the Infosys co-founder who has been recently conferred the PLuS Alliance Prize.
(a) Vishal Sikka
(b) K. Dinesh
(c) N R Narayana Murthy
(d) Nandan Nilekani
(e) S. Gopalakrishnan
S6. Ans.(c)
Sol. Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize. PLuS Alliance Prize is a prestigious honour that recognises Research Innovation, Education Innovation, Global Leadership and Global Innovation.
Q7. The 12th edition of India-Nepal joint military exercise has begun recently in Saljhandi, Nepal. What is the name of this historic exercise?
(a) Indo-Nepal JME
(b) Nagarjuna
(c) SIMBEX
(d) Nag-Al
(e) Surya Kiran
S7. Ans.(e)
Sol. The 12th edition of India-Nepal joint military exercise- Surya Kiran XII was held at Nepal Army Battle School (NABS) in Saljhandi, Nepal. The 14-day exercise focused on skills required counter-terrorism and counter-terror, forest fighting and natural disaster management operations.
Q8. The 9th BRICS Summit was concluded recently in Xiamen, China. Who was the representative from the side of Brazil?
(a) Vladimir Putin
(b) Michel Temer
(c) Jacob Zuma
(d) Joaquim Rodrigues
(e) Pedro de Araujo
S8. Ans.(b)
Sol. The 9th BRICS Summit was concluded recently in Xiamen, China. The representative from the side of Brazil was its President Michel Temer.
Q9. The National Highway Authority of India (NHAI) has awarded its first international project in Myanmar to ___________.
(a) Punj Lloyd-Varaha
(b) L&T Engineering & Construction Division
(c) Tata Projects Ltd
(d) IRCON International Ltd
(e) Essar Group
S9. Ans.(a)
Sol. The National Highway Authority of India (NHAI) has awarded its first international project in Myanmar to a joint venture of Punj Lloyd-Varaha. This is for the upgradation of the Yagyi–Kalewa section in Myanmar to two lanes with earthern shoulder in the engineering, procurement, and construction mode.
Q10. Currently, there are how many Banks in India that has been included in the list of 'too big to fail' financial entities in the country?
(a) 2
(b) 4
(c) 6
(d) 3
(e) 5
S10. Ans.(d)
Sol. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.

Wednesday, 13 September 2017

Daily GK Update 13th September 2017



i. Prime Minister Narendra Modi received his Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr. Abe is in India on a two-day visit to attend the India-Japan annual summit meeting.
ii. The 12th edition of the summit will be held in Gandhinagar, Gujarat.
iii. They will also attend a function to mark the commencement of work of India’s first high-speed rail project between Ahmedabad and Mumbai.

Important Takeaways from Above News-
  • Tokyo is the Capital of Japan.
  • The Japanese Yen is the third most traded currency in the world.


i. Prime Minister Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi and discussed various issues of mutual interest of both countries. A number of agreements were signed in several areas after the talks.
ii. Mr. Lukashenko’s visit was significant as it took place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations.
iii. Following Agreements/MoUs were signed:

1. MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education of the Republic of Belarus
2. MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field of Vocational Education and Training
3. Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus
4. MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy, Gorki, Belarus for Cooperation in Agricultural Research and Education
5. Protocol amending the Agreement between the Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007
6. Programme of cooperation between the Government of Republic of India and the Government of Republic of Belarus in the field of culture for 2018-2020
7. MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry in the Oil and Gas Sector
8. MoU between JSV "Belzarubezhstroy” and National Buildings Construction Corporation Ltd.
9. MoU between JSC Belarusian Potash Company (BPC) and Indian Potash Ltd (IPL)
10. Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune

Important Takeaways from Above News-
  • Minsk is the Capital city of Belarus. 
  • Its Currency is Belarusian ruble.


i. Sri Lankan President Maithripala Sirisena has sacked his deputy Tourism Minister Arundika Fernando for allegedly defying the party leadership.
ii. He is the second top Minister removed from the government in less than a month. The President’s Office stated Arundika Fernando has been dismissed from his portfolio with immediate effect.

Important Takeaways from Above News-
  • The capital of Sri Lanka is Sri Jayawardenepura Kotte.
  • This is the administrative capital where most of the administrative institutions exist including Parliament of Sri Lanka.


i. Halimah Yacob was sworn-in as the 8th President of Singapore. She became the country’s first female President and the first in five decades to come from the Malay ethnicity.
ii. She was certified by the Presidential Elections Commission as the only eligible candidate, and since she has no opponent, there was no election held.

Important Takeaways from Above News-
  • Halimah Yacob held the key government post of Speaker of Parliament since 2013.
  • Singapore dollar is the Currency of Singapore.


i. The Department of Industrial Policy and Promotion, Government of India organized the second State Startup Conference in New Delhi. The Minister of State, C.R. Choudhary inaugurated the conference. The conference was held mainly to deliberate on issues including incubation facilities and making regulations easier for budding entrepreneurs.
ii. The discussions were centered on four main themes related to key components of the startup ecosystem:
  1. Governance reforms to be undertaken by states for start-ups.
  2. Incubation facilities in India and role of state governments in developing these facilities.
  3. Role of state governments in setting up funds for start-ups.
  4. Making regulations easier for Start-ups.

Important Takeaways from Above News-
  • Shri Suresh Prabhu is the present Minister of Commerce and Industry.


i. Kochi will host the fifth edition of the ‘Coastal Shipping and Inland Water Transportation Business Summit 2017’. The summit will be an initiative to explore the immense potential of coastal shipping and waterways as well as an effort to build a shared commitment and decipher the role that each stakeholder will have to play in integrating the coastal and waterways transport infrastructure.
ii. Kerala Governor P Sathasivam will present the India Seatrade Award for Excellence in Coastal Shipping & Inland Water Transportation.


i. Finance Minister Arun Jaitley has constituted a Group of Ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Kumar Modi to monitor and resolve the IT challenges faced in the implementation of GST.
ii. The GoM will be assisted by the Chairman and Chief Executive Officer of Goods and Services Tax Network (GSTN). Besides, a Committee on Exports has also been constituted under the convenorship of the Revenue Secretary Dr.Hasmukh Adhia to look at the issues of export sector and to recommend the GST Council suitable strategy for helping the export sector in the post-GST scenario.

Important Takeaways from Above News-
  • The Committees have been set up in pursuance of the decision taken at the 21st Meeting of GST Council held in Hyderabad.
  • GST Council is headed by Finance Minister of India, Arun Jaitley.

i. London retained its crown as the world’s top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit.
ii. The U.K. capital fell only two points in the latest Global Financial Centres Index published by Z/Yen and the China Development Institute, the smallest decline among the top 10 centers. New York held on to second place. In Asia, Hong Kong leapfrogged Singapore into third place.

Important Takeaways from Above News-
  • Theresa May is the PM of the United Kingdom.
  • London is the capital city of the UK


i. The Ministry of Electronics and Information Technology (MeitY) launched a nationwide Hackathon ‘OpenGovDataHack’ to support and showcase potential ideas/talent from inner India.
ii. As part of the start-up eco-system development program, the National Informatics Centre (NIC) and the Internet and Mobile Association of India (IAMAI) have collaborated to conduct the Hackathon at Jaipur, Chennai, Noida, Bhubaneswar, Patna, Hyderabad, and Surat.

Important Takeaways from Above News-
  • Shri Ravi Shankar Prasad is the Minister of Electronics and Information Technology.


i. As per the notification of Finance Ministry, the Reserve Bank of India will introduce 100 rupees coin to mark the birth centenary (hundredth anniversary) of AIADMK founder Late Dr. M G Ramachandran.
ii. On the obverse, the face of the coin will bear Lion Capitol of Ashoka Pillar in the center with Satyamev Jayate inscribed below on it in Devanagari script. It will also bear the rupee symbol and denominational value of 100.
iii. On the reverse side, the portrait of Dr. MG Ramachandran will be in the center. The standard weight of the coin will be 35 grams.

Important Takeaways from Above News-
  • RBI Headquarters in Mumbai.
  • The 24th Governor of RBI is Dr. Urjit Patel.


i. Turkey has signed a deal with Russia to buy S-400 missile defence systems in its first major weapons purchase from Moscow, according to the President of Turkey Recep Tayyip Erdogan.
ii. The accord for the surface-to-air missile defence batteries is Ankara's most significant pact with a non-NATO supplier.

Important Takeaways from Above News-
  • Turkey is a NATO member since 1952.


i. Telecom services provider, Bharti Airtel and SK Telecom of Korea have announced a strategic partnership under which Airtel will leverage the latter's expertise to build advanced telecom network in India.
ii. SK Telecom is Korea’s largest telecommunications company. The two companies will also collaborate on an ongoing basis to evolve standards for 5G and Network Functions Virtualisation (NFV).

Important Takeaways from Above News-
  • SK Telecom was established in March 1984. 
  • Bharti Airtel is Headquartered in New Delhi.
  • Gopal Vittal is the MD & CEO (India and South Asia) of Bharti Airtel.


i. Paytm Payments Bank (PPB) has partnered with the National Payments Corporation of India (NPCI) to launch a RuPay-powered digital debit card. With the PPB Digital debit card, customers will now be able to transact at all merchants who accept credit and debit cards.
ii. Existing Paytm users need to complete a KYC process to become an account holder with PPB. Following this, they will be issued a free digital RuPay card.

Important Takeaways from Above News-
  • As a payments bank, PPB can take a demand deposit of up to Rs 1 lakh per customer, but it cannot undertake lending activities.
  • PPB launched its services in May 2017.
  • Paytm founder Vijay Shekhar Sharma owns 51 per cent stake in PPB while One97 Communications which runs Paytm owns the remaining 49 per cent.


i. Payment gateway provider PayU has announced its collaborations with the IRCTC to provide users a safe and secure option to pay for rail tickets booked via the IRCTC website.
ii. PayU will now be available as a payment option under the Multiple Payment Services (MPS) option on the IRCTC website at the payment stage of booking an e- ticket.

Important Takeaways from Above News-
  • IRCTC stands for Indian Railway Catering and Tourism Corporation.
  • Shri Piyush Goyal is the present Minister of Railways.