December 14, 2017

Weekly Current Affairs One Liners (04 Dec - 10 Dec) 2017: Download Now

Weekly Current Affairs One Liners (04 Dec - 10 Dec) 2017: Download Now

Weekly Current Affairs One Liners (04 Dec - 10 Dec) 2017: Download Now

The one liner of the week is a recap of the important happenings that occurred between 04th November – 10th December 2017. The important happenings of the week covered in this segment include 5th Bi-monthly Monetary Policy Review by RBI, AROGYA 2017 , Bollywood Actor Shashi Kapoor's Death & among others.

BANKING & ECONOMY
  • The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) on Dec 06 has decided to maintain status quo and keep its key interest rate, the repo rate, unchanged at 6 per cent in its fifth bi-monthly policy review of the fiscal year.
  • The RBI retained its GDP projections for the year at 6.7 per cent with risks evenly balanced in its fifth bi-monthly policy review of the fiscal year.
  • On inflation outlook, the RBI projected that it would be in the region of 4.3% to 4.7% in Q3 and Q4 this fiscal.
  • The country's largest lender, State Bank of India (SBI) has changed the names and IFSC codes of branches located in major cities such as Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow, among others.
  • According to global financial services major Morgan Stanley, the Indian economy is expected to witness cyclical growth recovery, with real GDP growth likely to accelerate from 6.4 per cent in 2017 to 7.5 per cent in 2018 and further to 7.7 per cent in 2019.
  • Axis Securities, a subsidiary of Axis Bank, has become the first-ever broking arm of a bank to take membership of a commodity exchange by registering itself with NCDEX.
  • India's largest digital bank Paytm Payments Bank has unveiled a ‘Paytm Ka ATM’ outlet that allows customers to open Saving Accounts and deposit/withdraw money from their bank accounts.
  • The Asian Development Bank’s (ADB) Board of Directors has approved debt financing and partial risk guarantees totalling $583 million to develop the Reliance Bangladesh Liquefied Natural Gas (LNG) and Power Project.
  • Corporation Bank has launched its RuPay Select and RuPay Platinum credit cards.

NATIONAL NEWS
  • The first International Exhibition and Conference on AYUSH and Wellness sector, AROGYA 2017 inaugurated by AYUSH Minister Shripad Naik in New Delhi.
  • The theme of AROGYA 2017 is ‘Enhancing the global potential of AYUSH’.
  • It  aims  to  promote  and  strengthen  awareness  and  interest  about  AYUSH  (Ayurveda,  Yoga, Naturopathy, Unani, Siddha, Sowa-Rigpa and Homoeopathy).
  • Kacheguda Railway Station in Hyderabad under the South Central Railway (SCR) has earned the unique distinction of being the first Energy Efficient ‘A1 Category’ Railway Station on Indian Railways.
  • According to the IEA’s World Energy Outlook Report 2017, re-launched in association with The Energy & Resources Institute (TERI) in New Delhi, India will achieve “electricity for all” by the early 2020s.
  • India has been declared free from infective Trachoma, a contagious bacterial infection of the eye.
  • India has become the 42nd participating State of Wassenaar Arrangement after completing the internal procedures in Vienna on Dec 8, 2017.
  • A public procurement portal, ‘MSME Sambandh’, was launched by MSME Ministry with the objective of monitoring the implementation of the public procurement from MSEs by Central public sector enterprises.
  • UN Women in collaboration with Facebook inaugurated a two day event titled 'We The Women' in Mumbai to empower and recognize the magnificent contribution of women in our society.
  • The Taj Mahal, India's iconic ivory-white marble mausoleum in Agra, becomes the second best UNESCO world heritage site after Cambodia's Angkor Wat in the world.
  • The  Union  Environment  Ministry  has  allowed  NGT  Chairperson,  Justice  Swatanter  Kumar  to
  • “constitute a single-member bench” in “exceptional circumstances”.
  • The 3rd edition of the Dialogue between the NITI Aayog and the Development Research Council of China, the DRC- NITI Aayog Dialogue was held in Beijing.
  • Indian cricketer Yuvraj Singh will be promoting a UNICEF sports initiative for youngsters named the
  • "Power of Sports to Shape the Future of Adolescents" in South Asia.
  • Bollywood superstar Amitabh Bachchan launched a coffee table book, ‘Bollywood: The Films! The Songs! The Stars!’ based on Indian cinema in showbiz capital Mumbai.
  • The XIth Annual MedTech Summit of Biodesign Programme was held in New Delhi aimed to train next generation of medical technology innovators in country.

STATE NEWS
  • Minister of State for Culture (Independent Charge) Dr. Mahesh Sharma has inaugurated the three days
  • ‘Bodhi Parva: BIMSTEC Festival of Buddhist Heritage’ in New Delhi.
  • The First International Conference on Sports Medicine and Sports Sciences, SAICON 2017 was inaugurated in New Delhi by the Minister of State (I/C) Youth Affairs and Sports Col. Rajyavardhan Rathore.
  • Alappuzha (the Venice of East), the coastal town of Kerala, has been recognised by the United Nations Environment Programme (UNEP) as one of the five models across the world for fighting the pollution menace.
  • Ambedkar International Centre inaugurated in New Delhi.
  • The 22nd conference of Asian Harmonization Working Party (AHWP) held in New Delhi with an aim to develop and recommend approaches for convergence and harmonization of medical device regulations in Asia and beyond.
  • The Kumbh Mela has been recognized as an “intangible cultural heritage of humanity” by UNESCO at its 12th session in Jeju, South Korea.
  • Uttar Pradesh has become the first State to endorse the Central government’s draft bill that makes instant triple talaq a cognisable and non-bailable offence.
  • The Madhya Pradesh Assembly has unanimously passed Dand Vidhi (Madhya Pradesh Sanshodhan) Vidheyak, 2017 that will see rapists of girls 12 years or below being hanged till death.
  • Uttar Pradesh's Shamli become the 23rd district to be included in the National Capital Region.
  • 6th International Tourism Mart 2017 held in Assam with the objective to highlight tourism potential of region in domestic and international markets.
  • The Telangana Govt is going to set up the World’s first Information and Technology (IT) Campus for differently-abled persons (Divyangs) in state capital Hyderabad.
  • Andhra Pradesh Assembly has unanimously passed Kapu Reservation Bill, 2017 to provide 5% quota to Kapu community in education and employment.
  • Govt has launched Noxeno, a nasal foreign body removal device developed by start-up InnAccel Technologies Private Limited, Bangalore.

INTERNATIONAL NEWS
  • The Mayor of London, Sadiq Khan has named noted Indian businessman, Deepak Parekh, as 'International Ambassador' who will be tasked with championing the UK capital across the globe.
  • Time magazine has named ‘the silence breakers’ as its Person of the Year for 2017.
  • The Australian Parliament allowed same-sex marriage across the nation.
  • The International Solar Alliance (ISA) became treaty-based international intergovernmental organization on Dec 06 with the ratification by Guinea as the 15th country.
  • The US Supreme Court has allowed President Donald Trump's travel ban to take full effect for people coming from six Muslim-majority countries Iran, Libya, Syria, Yemen, Somalia and Chad.
  • The International conference on climate change, ‘Resilient Hindu Kush Himalaya: Developing Solutions towards a Sustainable Future for Asia’ was inaugurated by Nepal President Bidya Devi Bhandari in Nepal.
  • The United Arab Emirates (UAE) and Saudi Arabia have formed new economic and partnership group named Joint Cooperation Committee, headed by Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi, separate from Gulf Cooperation Council (GCC).
  • Saudi Arabia Crown Prince Mohammed bin Salman has been voted the Time magazine readers’ Person of the Year.
  • Mujeeb-ur-Rehman Zadran, a 16-year-old off-spinner from Afghanistan, becomes the first male cricketer born in the 21st century to play on the International stage.
  • Russia was banned from the 2018 Winter Games by the International Olympic Committee over its state-orchestrated doping programme, but clean Russian athletes will be allowed to compete under an Olympic flag.
  • Venezuela has launched its own cryptocurrency called Petro to circumvent US-led financial sanctions.
  • UAE Armed Forces along with the UK, US and French armies are participating in joint exercises, named “Flag4” in Abu Dhabi.
  • Indian-American California senator Kamala Harris has topped the prestigious Foreign Policy magazine’s 2017 list of ’50 Leading Global Thinkers’.
  • The word “populism” has been announced as the Cambridge Dictionary 2017 Word of the Year.
  • Raj Shah who holds a key position in the White House, gaggled with reporters on board US Presidential chopper Air Force One, becoming the first Indian-American to enjoy the privilege.

SCIENCE & DEFENCE
  • Godrej Aerospace has won order from BrahMos Aerospace Pvt. Ltd. (BAPL) for supply of additional 100 units airframe fuel management systems for BrahMos Air-Launched Cruise Missile.
  • The Surface to Air Missile (SAM) AKASH was successfully tested with indigenous radio frequency seeker against target UAV Banshee from Launch Complex-III at ITR Chandipur.
  • South Korea and United States have launched Vigilant Ace, their largest-ever joint aerial drills.

APPROVALS & MOUS
  • India and Israel have jointly set up a centre for excellence in floriculture at Thally in Krishnagiri district of Tamil Nadu.
  • The Union Health Ministry and Rotary International India National Polio Plus signed Memorandum of Understanding (MoU) for intensive efforts towards achieving the immunization target.
  • The National Commission for Minorities (NCM) has set up three members committee under the chairmanship of George Kurien to study the matter to give minority status to Hindus in 7 states and one UT where their population is less than 50%.
  • The govt has set up a high-level committee headed by NITI Aayog chief executive Amitabh Kant to address the problem of stressed assets in India's power sector.
  • India and Cuba signed Memorandum of Understanding (MoU) for enhanced cooperation in the health sector.
  • The Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers will constitute multi-disciplinary committee of experts for consultation on matters pertaining to implementation of drug price control order (DPCO) including technicalities involved in pricing and new launches.

APPOINTMENTS
  • President of Para Sports Foundation: Sarvesh Tiwari                 
  • Next Ambassador of India to Turkmenistan: Azar A.H.Khan
  • Chairman of PNGRB: Dinesh K Sarraf
  • President of NRAI: Rahul Singh       
  • CEO of New Supply biz: Vishal Bhatia                              
  • CEO and Managing Director of Infosys: Salil S. Parekh
  • President of Kenya: Kenyatta                           
  • Chairman of Prasar Bharati: Surya Prakash

AWARDS
  • Mohamad Al Jounde from Syria has been awarded the International Children’s Peace Prize for his efforts to ensure rights of Syrian refugee children Al Jounde set up a school together with his family in a Lebanese refugee camp that currently provides 200 children with education.
  • Jenny Kim, a South Korean beauty pageCant titleholder, has been crowned Miss Supranational 2017 in Krynica-Zdroj, Poland on Dec 1, 2017.

SPORTS
  • The International Football Federation, FIFA, has lifted a two-year suspension against Kuwait’s football association that has prevented the country from participating in international tournaments.
  • Visually impaired swimmer Kanchanmala Pande scripted history as she became the first Indian to win gold at the World Para Swimming Championship, taking place in Mexico.
  • Cristiano Ronaldo has won the Ballon d'Or for a fifth time to move level with rival Lionel Messi.

IMPORTANT DAYS
  • Dec 10: Human Rights Day - ‘Let’s stand up for equality, justice and human dignity’             
  • Dec 9: 10 International Anti-Corruption Day- “United  against corruption for development, peace and security”
  • Dec 07: Armed Forces Flag Day                                                                                                       
  • Dec 05: World Soil Day - ‘Caring  for  the  Planet  starts  from  the Ground’
  • Dec 04: Navy Day                                                                                                
  • Dec 03: International Day of Persons with      Disabilities - “Transformation towards sustainable and resilient society for all”

OBITUARY
  • France’s Biggest Rock Star: Johnny Hallyday
  • Veteran Bollywood Actor: Shashi Kapoor

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