Daily GK Update 10th and 11th September 2017

Daily GK Update 10th and 11th September 2017

1. Venkaiah Naidu Laid Foundation of Country’s First ‘Green-Field’ Smart City

i. Vice President M Venkaiah Naidu laid the foundation stone for Ranchi Smart City coming up on the Heavy Engineering Corporation (HEC) land. According to the Urban Development Minister CP Singh, this would be the country’s first ‘green-field’ smart city.

ii. The smart city is coming up on 656 acres of HEC land which would be fully wi-fi, carbon free, garbage free locality with modernized housing, traffic management system and education hub.

Important Takeaways from Above News-

• Shri Raghubar Das is the CM of Jharkhand.
• Smt Droupadi Murmu is the Present Governor of Jharkhand.

2. Prince Charles Becomes Longest-Serving Prince of Wales

i. Prince Charles, the heir to Britain’s throne, became the longest-serving Prince of Wales in history. The 68-year-old broke the record of Queen Victoria’s oldest son Albert, who went on to become King Edward VII after holding the title of Prince of Wales for more than 59 years before becoming monarch.

ii. Prince Charles is the 21st Prince of Wales in the current line. Prince Charles was created Prince of Wales when he was nine years old on July 26, 1958. He has now held the title for more than 59 years.

Important Takeaways from Above News-

• The Prince of Wales is historically the title bestowed.
• In 1301 Edward of Caernarfon, the future Edward II was invested as Prince of Wales - this was the first time the eldest son of the King of England had been bestowed the title.

3. IndusInd Bank and Bharat Financial Inclusion Sign Exclusivity Agreement for Merger

i. Private sector lender IndusInd Bank and India's second largest Microfinance company Bharat Financial Inclusion have signed a confidentiality agreement for the proposed merger between them.

ii. The Hinduja Group controlled bank has informed the exchanges about an ‘exclusivity agreement’ with the micro lender to explore merger or expansion plans. The deal between the two companies may formalise after due diligence, definitive documentation and their shareholders, regulatory, NCLT and other third-party approvals, as applicable.

Important Takeaways from Above News-

• R. Seshasayee is the present Chairman of IndusInd Bank.
• It Headquarters in Mumbai.

4. PNB, BSNL Join Hands for Mobile Wallet Speedpay Rollout

i. Punjab National Bank and state-run firm BSNL teamed up to roll out open mobile wallet Speedpay across 10 states in the country. PNB Speedway wallet will operate like any other mobile wallet for paying bills, recharging phone besides its users will be able to deposit and withdraw money from authorized retail outlets.

ii. Under the agreement, BSNL will expand Speedpay services in Punjab, Chandigarh(UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and Uttarakhand.

Important Takeaways from Above News-

• Sunil Mehta is the MD & CEO of Punjab National Bank.
• PNB is headquartered in New Delhi.
• Chairman & Managing Director of BSNL is Shri Anupam Shrivastava.

5. Second Indian Workers’ Resource Centre Inaugurated in UAE

i. Indian Ambassador in UAE Navdeep Singh Suri inaugurated the second Indian Workers’ Resource Centre (IWRC) in UAE to provide support and counseling to Indians in distress.

ii. IWRC provides counseling and support to the overseas Indian Community on legal, personal and financial matters, free of cost. IWRC will provide support and guidance to any member of the Indian community in any such distress situation.

Important Takeaways from Above News-

• The first IWRC was opened in Dubai in 2010.
• Khalifa bin Zayed bin Sultan Al Nahyan is the President of the United Arab Emirates (UAE).

6. Defence Minister Flags off Women’s Circumnavigation Expedition

i. Defence Minister Nirmala Sitharaman flagged off the Navika Sagar Parikrama by an all-women crew of Indian Navy aboard Indian Naval Sailing Vessel (INSV) Tarini from INS Mandovi jetty in Goa.

ii. Navika Sagar Parikrama is the first attempt by an Indian all-women crew to circumnavigate the globe. The expedition will cover Australia, New Zealand, Falklands and South Africa. It is expected to be completed in around 160 days. INSV Tarini is skippered by Lieutenant Commander Vartika Joshi.

Important Takeaways from Above News-

• Admiral Sunil Lanba is the present CNS of Indian Navy.

7. DRDO Carries Out Successful Tests of Nag Missile

i. India's indigenously developed third generation anti-tank guided missile (ATGM) Nag has been successfully flight tested by Defence Research and Development Organisation (DRDO) in deserts of Rajasthan, marking the completion of development trials.

ii. According to the defence ministry, Nag has been successfully flight tested twice by the DRDO against two different targets in Rajasthan. The missile can hit a target up to seven km.

Important Takeaways from Above News-

• S Christopher is the chairman of DRDO.
• DRDO Headquarters in New Delhi.

8. Shaheen VI: China-Pakistan Air Forces Joint Exercise

i. The air forces of China and Pakistan began a joint training exercise named "Shaheen VI" and deployed their latest fighter jets and AWACS aircraft. China has dispatched J-11 fighters, JH-7 fighter-bombers, KJ-200 AWACS aircraft and ground forces including surface-to-air missile and radar troops.

ii. The exercise will run in China. AWACS is Airborne Warning And Control System, a mobile, long-range radar surveillance and control centre for air defence. 

Important Takeaways from above News-

• The "Shaheen" joint training between the two militaries which maintain close relations was launched in March 2011.

9. SEBI Advisory Committee To Discuss Trading Hours Extension

i. An advisory committee of the Securities and Exchange Board of India is likely to discuss a proposal for extending stock market trading hours.

ii. The stock market in India currently opens at 9 a.m. and closes at 3.30 p.m., but there is a view, including among stock exchanges, that the trade hours could be extended till up to 7.30 p.m. to better align domestic trading with global markets. The 19-member committee is led by Jayanth R Varma, professor, Indian Institute of Management, Ahmedabad. 

Important Takeaways from Above News-

• Ajay Tyagi is the Present Chairman of SEBI.

10. US Open Tennis Tournament 2017: Complete List of Winners

i. The 2017 US Open was the fourth and final Grand Slam event of the year. It was held on outdoor hard courts at the USTA Billie Jean King National Tennis Center in New York City, USA. The tournament is an event run by the International Tennis Federation (ITF).
ii. Rafael Nadal was the winner of Men's Singles. With this win, Nadal captured his third US Open title and his 16th Grand Slam title overall. Sloane Stephens was the winner of Women's Singles. The 83rd-ranked Stephens is only the second unseeded woman to win the tournament in the Open era.

Click Here to Read More

11. India Finishes 5th at Moscow Shotgun World Championships

i. India has finished fifth in the medals tally with one gold and two silver medals at the Moscow Shotgun World Championships. Only 16 of the 76 participating nations got amongst the medals and Italy topped the tally with nine gold medals for a total of 17 medals in all.

ii. Both their Olympic skeet champions Gabrielle Rossetti and Diana Bacosi were also crowned world champions in the process. The USA stood second with five gold medals for a total of 12. Hosts Russia were third in the overall tally with two golds for a total of eight.

Important Takeaways from Above News-

• The Capital of Russia is Moscow.

12. India Win 2nd SABA U-16 Championship

i. India has won 2nd South Asian Basketball, SABA, Under - 16 Championship. India defeated Bhutan by 131-50 in its last league match at Kathmandu in Nepal. India remained unbeaten in its all four matches and accumulated 8 points. 

ii. Bangladesh finished second and host Nepal third. The championship was played in a round robin league format. India has now qualified for 2017 International Basketball Federation, FIBA.

13.  US Open: Sloane Stephens wins Women's Singles Title

i. Unseeded American Sloane Stephens lifted the US Open women's singles title. Sloane ranked 83rd completed a spectacular return from injury to beat 15th seed Keys 6-3, 6-0 in the finals. 

ii. The 24-year-old was ranked as low as 957th six weeks ago went on to become only the fifth unseeded woman to win a major title in the Open era. Sloane stunned Venus Williams in the semifinal.

14. SIM Cards not Linked to Aadhaar to be Deactivated after February 2018

i. The government is moving ahead with linking Aadhaar with mobile SIM cards and all unlinked phones will be deactivated after February 2018. 

ii. Aadhaar mobile linkage is being done as per the orders of Supreme Court passed in February 2017 in Lokniti foundation case and all SIM cards have to be verified with Aadhaar within a year from the date of judgement, with all unlinked phones to be deactivated after February next year.

Daily GK Update 10th May, 2017

World Migratory Bird Day: 10th May

i. The World Migratory Bird Day is observed every year on 10 May. 
ii. The theme of WMBD 2017 is “Their Future is Our Future – A Healthy Planet for Migratory Birds and People”. 

Supreme Court becomes paperless, digital court 

i. The Supreme Court has taken its first step towards becoming a paperless, digital court.

ii. Prime Minister Narendra Modi inaugurated the digital filing system at a function in New Delhi where the Integrated Case Management System will be connected with the Supreme Court website.


SAMADHAN: Rajnath Singh coins an acronym to wipe out left-wing terror 

i. Presiding over a review meeting of the states affected by Left-Wing Extremism (LWE). Union Home Minister Rajnath Singh announced a new strategy against the Maoists—SAMADHAN. 
ii. The Minister explained the acronym as S-smart leadership, A-aggressive strategy, M-motivation and training, A-actionable intelligence, D-dashboard-based KPIs (key performance indicators) and KRAs (key result areas), H-harnessing technology, A-action plan for eachtheatre and N-no access to financing.

DIPAM launches online investor facilitation platform

i. The Finance Ministry has set up an Investor Facilitation Platform that will provide information about stocks of public sector units. 
ii. Set up by the Department of Investment and Public Asset Management (DIPAM), the platform will be an interactive forum for all stakeholders, including investors, investment banks, law firms, public sector units and administrative ministries that are involved in stake sales. 

Cashkaro.com ties up with YES Bank to launch card-linked offers

i. Banking on the Government's drive to promote a cash-less economy, cashback portal Cashkaro.com has tied up with YES Bank to launch card-linked offers as part of its loyalty programme for both offline and online shoppers. 
ii. The offer will be currently available on all YES BANK debit cards, and will be extended to all other payment products of YES Bank in the near future.

Oracle launches cloud computing service for India

i. Technology giant Oracle has launched its cloud computing service for India, which aims to support the government's GST rollout in July and plans to open data centres in the country. 
ii. In an effort to simplify the tax regime in India and to ensure higher compliance with tax laws, Oracle's ERP solution aims to provide support for GST Network integration, statutory reporting, payment processing, among others. 

Moon Jae-In began his five-year term as president of South Korea

i. South Korea's liberal leader Moon Jae-In took the oath as president, tasked with navigating the country out of rising tensions over North Korea's nuclear program and the risk of a rift with the United States. 
ii. The National Election Commission said Moon, of the Democratic Party, took 41.1 percent of the votes, far ahead of Conservative Hong Joon-Pyo, his closest rival on 24.03 percent.

Apple tops $800 bn market cap for first time

i. Apple Inc became the first US company to top the $800 billion mark in market capitalization slightly more than two years after it crossed the $700 billion thresholds. 
ii. The iPhone maker's shares have gained 33 percent this year and almost 50 per cent since the US election in November 2016 and the company now represents about 4 percent of the $21.7 trillion that makes up the entire S&P 500 index.

Jhulan Goswami becomes world's highest wicket-taker in ODIs

i. Jhulan Goswami, India’s fast bowler, is now the leading wicket-taker in Women’s ODIs, going past Australia’s Cathryn Fitzpatrick record of 180 wickets. 
ii. She now has 181 wickets in 153 matches at an average of 21.76 with two five-wicket and 4 four-wicket hauls. She won the ICC Women’s Cricketer of the Year award in 2007.

N'Golo Kante named Football Writers' Footballer of the Year

i. N'Golo Kante has been voted Footballer of the Year by the Football Writers' Association. 
ii. Kante is the fifth player in six seasons to complete the awards double having last month been named Player of the Year by the Professional Footballers' Association.



Important Takeaways from above GK Update for Exams are as follows-

• 2017 ICC Women's World Cup will be hosted by England
• 2013 ICC Women's World Cup  won by Australia
• In 2010 and 2012, Jhulan Goswami was conferred with Arjuna Award and Padam Shri respectively.
• Moon Jae-In has replaced Park Geun-Hye
• Capital of South Koria is Seoul and its Currency is Won (KRW)
• The Supreme Court of India is the highest judicial forum and final court of appeal
• The Supreme Court of India came into existence on 26th January, 1950
• The First Chief Justice of Supreme Court was Harilal Jekisundas Kania.
• Union Home Minister of India is Rajnath Singh
• Rajnath Singh announced a new strategy against the Maoists—SAMADHAN.
• DIPAM is headed by Finance Minister of India Shri Arun Jaitley
• From 27th May, 2004, the Department of Disinvestment is one of the Departments under the Ministry of Finance
• The Department of Disinvestment was set up as a separate Department on 10th December, 1999 and was later renamed as Ministry of Disinvestment from 6th September, 2001
• The Department of Disinvestment has been renamed as Department of Investment and Public Asset Management (DIPAM) from 14th April, 2016.
• The GST is governed by GST Council and its Chairman is Union Finance Minister of India Arun Jaitley.
• GST is a destination-based tax on consumption of goods and services
• It is amalgamating a large number of Central and State taxes into a single tax
• Oracle headquarter is in the United States of America.
• World Migratory Bird Day is observed on 10th May
• The theme of WMBD 2017 is “Their Future is Our Future – A Healthy Planet for Migratory Birds and People”
• Yes Bank CEO and MD is Rana Kapoor 
• Headquarter of Yes Bank in Mumbai
• The tagline of Yes Bank is 'Experience our Expertise'.

IBPS RRB PO PRELIMS EXAM ANALYSIS 2017

IBPS RRB PO PRELIMS EXAM ANALYSIS 2017: 10TH SEP- SHIFT 1

Dear Aspirants, IBPS RRB PO Prelims 2017 Exam is over. Today (10th September 2017) is the second day of IBPS RRB PO Prelims Exam and The Pattern was same as yesterday (09th September). Now it's time for exam RRB PO Prelims Exam Analysis (Review) of 10th September 2017 - 1st Shift. A lot of students have appeared for this exam today and this brings them to a step closer in their journey of getting a Job in Banking Sector. Without wasting any moment, let's get straight to the analysis for which you are all waiting for. The overall exam was of an Easy-Moderate level, this was a major relief to all the aspirants but this also means that the number of attempts will go high. 

There are 2 Sections in IBPS RRB PO Prelims Exam 2017 - Reasoning, and Quantitative Aptitude. Both the sections have 40 questions in each section. 45 minutes time limit was given for a total 80 questions.

IBPS RRB PO PRELIMS 2017-18 EXAM ANALYSIS (OVER-ALL):

SECTIONS	GOOD ATTEMPTS
REASONING ABILITY	24-29
QUANTITATIVE APTITUDE	18-23
TOTAL	58-63

QUANTITATIVE APTITUDE (Easy- Moderate)

The level of this section was Easy-Moderate. There were a total of 3 sets of DI out of which 1 was Calculative.

• Tabular (Calculative)
• Pie Chart (Easy-Moderate)
• Line Graph

The questions were:

Topic	No. of Questions	Level
Quadratic Equations	5	Easy-Moderate
Data Interpretation	15	Moderate
Number Series (Missing)	5	Easy
Approximation	5	Easy
Mixture & Alligation	1	Moderate
Problem on Ages	1	Moderate
Speed Distance & Time	1	Easy
Percentage	1	Easy
Problem on Trains	1	Easy
Miscellaneous (SI, CI,  Profit and Loss, Time and Work, Averages, Ratio etc.)	5	Moderate
Total	40	Easy- Moderate

REASONING ABILITY (Easy- Moderate)

The level of reasoning was Easy. There were 4 Seating Arrangements and Puzzles:

• Month related (2 variable)
• Linear (North-South) (1 variable)
• Circular Based (1 variable)
• Box (1 variable)

The questions were:

Topic	No. of Questions	Level
Inequality	5	Easy
Sitting Arrangement and Puzzles	20	Easy- Moderate
Coding Decoding (old pattern)	5	Easy
Alphabetical	1	Easy
Syllogism	5	Easy
Number Arrangement	2	Easy-Moderate
Miscellaneous	2	Easy-Moderate
Total	40	Easy-Moderate

Daily GK Update 09th September 2017

1.  Fiscal deficit touches 92.4% of budget estimates at July-end

i. India’s fiscal deficit at July -end touched 92.4 % of the budget mainly because of front loading of expenditure by various government departments. In absolute terms, the fiscal deficit- difference between expenditure and revenue - was Rs 5.04 lakh crore during April- July 2017-18, according to the data of Controller General of Accounts (CGA).

ii. During the same period of last financial year, 2016-17, it was 73.7 % of the target. For 2017-18, the government aims to bring down the fiscal deficit to 3.2 % of the GDP. Last fiscal, it had met the deficit target of 3.5 % of the GDP.

You must Read Takeaways from the Above News:

• CGA, in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Advisor to Government of India and is responsible for establishing and maintaining a technically sound Management Accounting System. 
• Anthony Lianzuala is the Controller General of Accounts (CGA) under the Finance Ministry. 

2. First National Canine Seminar organized by NSG

i. The Minister of State for Home Affairs Shri Kiren Rijiju attended the first National Canine Seminar organized by National Security Guard (NSG), in NSG Campus, Manesar (Gurugram), Haryana.

ii. The theme of the two days National Canine Seminar is 'Canine as Tactical Weapon in Fight against Terrorism' with an objective to discuss and deliberate on the techniques of dog training and strategies of deploying the dogs in Counter Terrorism/Counter Insurgency scenario.

Important Takeaways from Above News-

• The NSG is popularly known as "The Black Cats" of the country.
• NSG was set up in 1984 as a Federal Contingency Deployment Force to tackle all facets of terrorism in the country.

3. Assam Government Signs MoU with Google to Increase Digital Literacy

i. In a bid to take Internet connectivity to the remotest part of the state, Assam government signed an MoU with Google India.

ii. Through the MoU with Google, the state government would work to provide Internet connection to 26,000 villages and 1,500 tea garden areas to increase digital literacy.

Important Takeaways from Above News-

• Chief Minister of Assam is Sarbananda Sonowal.
• Banwarilal Purohit is the Present Governor of Assam.

4. First water ATM in Hyderabad Inaugurated

i. The First water ATM has been inaugurated by Telangana State Home Minister N Narasimha Reddy at Nalgonda X Roads. A total of 200 ATMs will be set up to reach a targeted 150,000 people. In the first phase, 50 water ATMs will be operationalized by 2018.

ii. Safe Water Network, an international NGO has partnered with Greater Hyderabad Municipal Corporation (GHMC) to launch water ATMs. It will provide affordable, 24×7 safe water access in Hyderabad.

5. UIDAI Chief A.B. Pandey Appointed Interim GSTN Chairman

i. The Unique Identification Authority of India’s (UIDAI) chief executive officer (CEO) A.B. Pandey was appointed the interim chairman of the Goods and Services Tax Network (GSTN).

ii. This firm provides information technology (IT) backbone and portal for registration and tax returns under the GST regime. Pandey was given additional charge days after GSTN’s first chairman Navin Kumar completed his term on 29 August. 

Important Takeaways from Above News-

• Navin Kumar former IAS officer from Bihar cadre, was the first chairman of GSTN.
• GSTN is a  non-government, private limited company.
• It was incorporated on 28 March 2013 with the Government of India holding 24.5% equity.

6. US Banking Regulators Shut Down Pakistan’s Habib Bank

i. US banking regulators ordered Pakistan’s Habib Bank to shutter its New York office after nearly 40 years, for repeatedly failing to heed concerns over possible terrorist financing and money laundering.

ii. The state’s Department of Financial Services, which regulates foreign banks, also slapped a 225 million Dollars fine on the bank.

Important Takeaways from Above News-

• Habib Bank has operated in the United States since 1978.

7. Female Wrestler Sonam wins Gold in Cadet World Wrestling Championship

i. India Wrestler Sonam Malik won a gold medal by defeating Japanese Wrestler Sena Nagamoto by 3-1 points on the fourth-day of Cadet World Wrestling Championship in Athens.
ii. The other female Wrestler Neelam also bagged Bronze Medal in 43-kilogram weight category. Wrestler Anshu will fight for Gold Medal with Japanese Wrestler Naomi Ruike in 60-kilogram weight category.

Important Takeaways From Above News-

• Athens is the capital of Greece.
• Alexis Tsipras is the Prime Minister of Greece.

8. Sjoerd Marijne Named New Coach of Indian Men's Hockey Team

i. Women's national hockey coach Sjoerd Marijne was named chief coach of the men's side. He has replaced Roelant Oltmans.
ii. Besides, World Cup-winning junior team coach Harendra Singh was appointed High-Performance Specialist coach of the senior women's team. The decisions were announced by newly-appointed Sports Minister Rajyavardhan Singh Rathore.

Important Takeaways from Above News-

• Both Marijne and Harendra have been given a tenure till the 2020 Tokyo Olympics.

IBPS RRB PO PRELIMS EXAM ANALYSIS 2017

IBPS RRB PO PRELIMS EXAM ANALYSIS 2017: 9TH SEP- SHIFT 4

Dear Aspirants, IBPS RRB PO Prelims 2017 Exam is over, Now it's time for exam RRB PO Prelims Exam Analysis (Review) of 9th September 2017 - 4th Slot. The overall exam was of an Easy-Moderate level, this was a major relief to all the aspirants but this also means that the number of attempts will go high. There were no major changes in this shift and the level and types of questions asked were similar to previous shifts. 

There are 2 Sections in IBPS RRB PO Prelims Exam 2017 - Reasoning, and Quantitative Aptitude. Both the sections have 40 questions in each section. 45 minutes time limit was given for a total 80 questions.

IBPS RRB PO PRELIMS 2017-18 EXAM ANALYSIS (OVER-ALL):

SECTIONS	GOOD ATTEMPTS
REASONING ABILITY	23-27
QUANTITATIVE APTITUDE	16-22
TOTAL	56-62

QUANTITATIVE APTITUDE (Easy- Moderate)

The level of this section was Easy-Moderate. There were a total of 3 sets of DI out of which 1 was Calculative.

• Tabular (Calculative)
• Pie Chart (Easy-Moderate)
• Line Graph

The questions were:

Topic	No. of Questions	Level
Quadratic Equations	5	Easy-Moderate
Data Interpretation	15	Moderate
Number Series (Missing)	5	Easy
Approximation	5	Easy
Mixture & Alligation	1	Moderate
Problem on Ages	1	Moderate
Speed Distance & Time	1	Easy
Percentage	1	Easy
Problem on Trains	1	Easy
Profit & Loss	1	Easy-Moderate
Average	1	Easy-Moderate
Miscellaneous (Time and Work, Ratio, Partnership)	3	Moderate
Total	40	Easy- Moderate

REASONING ABILITY (Easy- Moderate)

The level of reasoning was not difficult. Aspirants who have done proper practice and time management can score in reasoning easily. There were 4 Seating Arrangements and Puzzles:

• Month related (2 variable)
• Linear (North-South) (1 variable)
• Circular Based (1 variable)
• Box (1 variable)

The questions were:

Topic	No. of Questions	Level
Inequality	5	Easy
Sitting Arrangement and Puzzles	20	Easy- Moderate
Coding Decoding (old pattern)	5	Easy
Alphabetical	1	Easy
Syllogism	5	Easy
Number Arrangement	2	Easy-Moderate
Miscellaneous	2	Easy-Moderate
Total	40	Easy-Moderate