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Weekly Current Affairs One Liners (22 to 28 October) 2017 : Download Now

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The One Liner of the week is a recap of the important happenings that occurred between 22 October to 28 October 2017. The important happenings of the week covered in this segment include Bharatmala Project, bank recapitalization plan and Chandrayaan-II among others.

Weekly Current Affairs One Liners (22 to 28 October) 2017 : Download Now

BANKING & ECONOMY
  • The Asian Development Bank (ADB) has signed a $65.5 million loan agreement with India for checking coastal erosion on the western coast of Karnataka.
  • The Asian Development Bank (ADB) and the Govt of India signed a $300 million loan to continue a series of fiscal reforms in the State of West Bengal to improve the quality of public service delivery.
  • 3rd Global Investors’ India Forum held in New Delhi with the theme ‘Ideate, Innovate, Implement and Invest in India.’
  • The Union Govt unveiled an ambitious plan to infuse 2.11 lakh crore capital over the next two years into Public Sector Banks (PSBs) and prioritised financing support for MSMEs in 50 clusters.
  • India’s state-run companies launched Start-up Sangam initiative to develop new business models, marketing plans, technology and innovations in heavy oil and gas industry sector by supporting 30 start-ups for the next three years through a corpus of Rs 320 crore.
  • The Reserve Bank of India (RBI) has imposed a monetary penalty of 2 crore on IDFC Bank for contravention of regulatory restrictions pertaining to loans and advances.
  • The Reserve Bank of India (RBI) is set to make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore.
  • The Union Govt has extended the deadline for mandatory linking of Aadhaar to avail benefits of government schemes to March 31, 2018.
  • Revenue collection under the goods and services tax (GST) remained robust with 92,150 crore collected for the month of September.
  • The Reserve Bank of India (RBI) has constituted a 10-member ‘High Level Task Force on Public
  • Credit Registry (PCR) for India’ under the chairmanship of Y M Deosthalee, which will suggest a roadmap for developing a transparent, comprehensive and near-real-time PCR for India.
  • The State Bank of India (SBI) launched its second edition of its Hackathon, Digitize For Bank (#D4B2017).
  • The Goods and Services Tax Network (GSTN) has released an offline facility that will allow taxpayers to finalise their GSTR-3B forms on their own.
  • The Union Ministry of Human Resource Development aims to make financial transactions completely digital in all higher education institutions.
  • The Union Finance Ministry has allowed banks, including top three private sector lenders, viz, ICICI Bank, HDFC Bank and Axis Bank, to accept deposits under various small savings schemes in order to encourage savings.
NATIONAL NEWS
  • Railway Minister Piyush Goyal launched Indian Railway’s first set of solar plants with total capacity of 5 megawatt peak (MWp) on roof tops of Hazrat Nizamuddin, New Delhi, Anand Vihar and Delhi railway stations.
  • The Central Vigilance Commission (CVC) has decided to develop Integrity Index of 25 Govt Organizations in line with its broader strategy and emphasis on preventive vigilance.
  • The Minister for Commerce and Industry, Suresh Prabhu launched the official website for the Cell for IPR Promotion and Management (CIPAM) of the Department of Industrial Policy and Promotion (DIPP).
  • Ministries of Power and Textiles have joined hands under SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries) initiative.
  • The Union Govt appointed former Intelligence Bureau (IB) Chief Dineshwar Sharma as its Representative (or special interlocutor) to initiate and carry forward sustained dialogue on Jammu and Kashmir (J&K) with all stakeholders.
  • The Telecom Regulatory Authority of India (TRAI) has recommended 30% reduction in carbon emissions by 2019-20 taking base year as 2011-12 and 40% by the year 2022-23 in order to make telecom sector greener.
  • State-run Oil and Natural Gas Corporation (ONGC) has drawn a blueprint to raise crude oil production by 4 million tonne (MT) and almost double natural gas output by 2020 to meet Prime Minister Narendra Modi's target of cutting India's import dependence by 10 per cent.
  • The Union Ministry of Skill Development and Entrepreneurship has de-affiliated close to 400 Industrial Training Institutes (ITIs) after inspections found that the institutes lacked requisite infrastructure and trainers for imparting vocational training to students.
  • India’s first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities, in collaboration with New Delhi Municipal Council (NDMC) was inaugurated at Mandir Marg, New Delhi.
  • PM Narendra Modi inaugurated first phase of Ro-Ro (roll-on, roll-off) ferry service between Ghogha in Bhavnagar district and Dahej in Bharuch district in the Gulf of Cambay, Gujarat.


STATE NEWS
  • Tamil Nadu govt has sanctioned Rs. 10 crore towards setting up of a Tamil Chair at the Harvard University in the US.
  • The Madras High Court banned the use of “photographs or pictures” of living persons on “banners, flex boards, signboards” across the state.
  • Puducherry will become eligible to play the Ranji Trophy, currently contested by 28 teams, next season following their elevation to associate membership of the Board of Control for Cricket in India (BCCI).
  • Tamil Nadu govt laid the foundation stone for an aerospace park in 245 acres and at an estimated cost of 198 crore at Kanchipuram district.
  • Paika rebellion (Paika Bidroha) of 1817 will be named as First War of Independence against British Rule in history books from next academic session.
  • Rajasthan Govt has introduced The Code of Criminal Procedure (Rajasthan Amendment) Bill, 2017 in the state assembly to protect both serving and former judges, magistrates and public servants in state from being investigated for on-duty action without its prior sanction.

·       INTERNATIONAL NEWS
  • Saudi Arabia has become the first country to give citizenship to a robot named Sophia, which was created by Hong Kong-based Company Hanson Robotics.
  • The International Conference of heads of Metrology Institutes held in Sevres, France has decided that the measure of kilogram will no longer be pegged to cylinder.
  • Burundi has become the first country to withdraw from the International Criminal Court, which is based in the Hague, Netherlands.
  • External Affairs Minister Sushma Swaraj inaugurated the India’s new chancery complex at Baridhara diplomatic enclave in Dhaka, capital city of Bangladesh.
  • The fourth edition of ASEAN Defence Ministers’ Meeting (ADMM)-Plus held in Philippines in which India represented by Union Defence Minister Nirmala Sitharaman.

SCIENCE & DEFENCE
  • Scientists from the Broad Institute and Massachusetts Institute of Technology in US have created a new gene-editing tool that tweaks the individual RNA 'letters' in human cells.
  • Indian Navy has cleared the new mission-based deployment plan for deploying mission-ready ships and aircraft along critical sea lanes of communications and choke points in Indian Ocean Region (IOR).
  • The researchers from Florida State University in the U.S. developed a method that uses rainfall rates to mark the span of the Indian Summer Monsoon (ISM) at any given location throughout the affected region.
  • An organic filter that allows only near-infrared (NIR) light to pass through has been developed by scientists at the CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) based in Thiruvananthapuram.
  • Britain-based shipwreck hunter has found maritime astrolabe, a navigation tool that guided Portuguese explorers on perilous voyage to India in 16th century.
  • The Indo-Tibetan Border Police (ITBP) celebrated its 56th Raising Day at their Greater Noida campus.
  • The Central Industrial Security Force, for the first time, will track social media trends and use data analytics to monitor security at the country's airports and vital installations like nuclear and space organisations.
  • Researchers at the Indian Institute of Science (IISc), Bengaluru, have developed a new chemical compound that could be used to deliver aspirin in a controlled manner.
  • Sri Lankan Coast Guard (SLCG) has commissioned Offshore Patrol Vessel (OPV) SURAKSHA provided by the Indian Coast Guard at Colombo Harbour.
  • The National Aeronautics and Space Administration (NASA) has approved second extension of Dawn mission at Ceres dwarf planet which is the largest object in the asteroid belt between Mars and Jupiter.

APPROVALS & MOUS
  • The Union Ministry of Tourism gave Letters of Intent (LoI) to seven shortlisted companies for adopting 14 monuments under Adopt a Heritage Scheme at the closing ceremony of ‘Paryatan Parv held in New Delhi.
  • Tata Consultancy Services (TCS) has signed a pact with the National University in the Philippines to launch a comprehensive, long-term plan to enhance the skills-readiness of varsity graduates for the job market.
  • The State Bank of India (SBI), the country's largest public sector lender, has signed an agreement with
  • Escorts Ltd to finance farmers for purchase of Escorts tractors.
  • The Engineering Export Promotion Council (EEPC) of India has signed a memorandum of understanding with Punjab National Bank to provide easy access to finance for SMEs and merchant exporters of the council.
  • Private sector lender IndusInd Bank has partnered with mobile wallet company Mobikwik to launch a co-branded wallet 'IndusInd Mobikwik'.
  • Nicaragua has signed the Paris climate agreement, meaning that the US and Syria are the only two countries not to be giving the accord their support.
  • The Agricultural and Processed Food Products Export Development Authority (APEDA) has taken up a programme for promotion of north eastern products in Bangladesh and Myanmar.
  • Bangladesh signed a long-term sales and purchase agreement with an Indian refiner to import gas oil to meet the country’s energy demand.

APPOINTMENTS & RESIGNATIONS
  • Central Industrial Security Force (CISF) Additional Director General (ADG) - Alok Kumar Pateria        
  • AMFI Chief Executive - NS Venkatesh
  • IPPB MD & CEO - Suresh Sethi  
  • Next Ambassador of India to Switzerland - Sibi George
  • HSBC India CEO - Jayant Rikhye               
  • CBI Special Director - Rakesh Asthana

BOOKS & AUTHORS
  • Rajasthan Chief Minister Vasundhara Raje launched an e-book titled 'India 2017 Yearbook', compiled by the Comptroller and Auditor General of India (CAG) and former Union home secretary Rajiv Mehrishi.

AWARDS
  • Veteran writer-lyricist Javed Akhtar has been honoured with the Hridaynath Mangeshkar Award.
  • Entrepreneurship Development Institute of India (EDII) has received an award from All India Council for Technical Education (AICTE) for supporting start-ups.
  • L&T Technology Services was conferred with the CII Industrial Innovation Award, 2017 that recognized it as one of the most innovative Indian companies in the services.
  • Indian-origin researcher couple, Professors Salim Abdool Karim and Quarraisha Abdool Karim received the award from the Institute for Human Virology (IHV) in Baltimore in the US for their exceptional contributions in the field of HIV/AIDS.
  • Gitanjali Rao, an 11-year-old from Lone Tree, Colorado, is the winner of this year's Discovery Education 3M Young Scientist Challenge for her sensor that can detect lead levels in water better than traditional methods.

RANKING & REPORTS
  • Lonely Planet, the travel guide company, ranked Chile as the number one country to visit in 2018, in its Best in Travel 2018 list.
  • India’s passport was ranked 75th among 94 countries in recently released Global Passport Power Rank 2017 in which Singapore topped.
  • Madhya Pradesh has emerged as the top state in terms of digital initiatives undertaken, with a maximum score of 100.1 on performance index, followed by Maharashtra at 99.9 and Andhra Pradesh at 99.8.
  • Maruti Suzuki, India has become the largest passenger cars exporter from India in the first half of the ongoing fiscal, dethroning Hyundai Motor India Ltd., behind Volkswagen and General Motors.
  • Peru has become sixth country in Latin America to legalise cannabis.

SPORTS
  • The tiny Gulf state host of the 2022 football World Cup, Qatar will introduce a minimum wage for workers amid global outcry over the alleged ill-treatment faced by migrant workers in the country.
  • Gokul Natesan is the 97th pick in the NBA draft to become only the second Indian-origin player to be signed by an NBA G-League side.
  • The National Basketball Association (NBA) announced Scott Fleming, former India men’s national team head coach, has joined NBA India as Head of Basketball Operations.
  • Jitu Rai and Heena Sidhu combined to give India their first gold medal of the ISSF World Cup Final in New Delhi, clinching the top honours in the 10m air pistol mixed team.
  • Real Madrid star Cristiano Ronaldo has won the Best FIFA Men's Player award for the second year running.
  • India won 2017 Asia Cup hockey title by defeating Malaysia in the final match held in Dhaka, Bangladesh by 2-1 score.
  • India’s ace shuttler Kidambi Srikanth won US $750,000 Denmark Open title of badminton in the men’s single category.
  • Women’s singles: Ratchanok Inthanon (Thailand) won the title by defeating Akane Yamaguchi (Japan).
  • Men’s Doubles: Chinese pair of Liu Cheng and Zhang Nan won the title by defeating Indonesian pair of Marcus Fernaldi Gideon and Kevin Sanjaya Sukamuljo.
  • Women’s doubles: South Korean pair of Lee So-hee and Shin Seung-chan won the title by defeating Japanese pair of Shiho Tanaka and Koharu Yonemoto.
  • Mixed doubles: Chinese pair of Zheng Siwei and Chen Qingchen won the title by defeating Hong Kong pair of Tang Chun Man and Tse Ying Suet.

IMPORTANT DAYS
  • Oct 21 - Police Commemoration Day        
  • Oct 24 - World Development Information Day         
  • Oct 24 - World Polio Day One Day. One Focus: Ending Polio
  • Oct 24 - United Nations Day     
  • Oct 27 - World Day for Audio Visual Heritage "Discover, remember and share"
  • Oct 27 - Infantry Day 

OBITUARY
  • Malayalam writer and novelist - Dr Punathil Kunjabdulla  
  • Eminent classical singer and Padma - Girija Devi   
  • Vibhushan awardee Legendary filmmaker - I V Sasi




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