Daily Current Affairs 13 July 2017 for Banking/Insurance/SSC and other related exams.
Arunachal, Andaman and Nicobar Islands get exemption from SC highway liquor ban
The Supreme Court has allowed Arunachal Pradesh and Andaman and Nicobar Islands to join the club of Sikkim and Meghalaya, both of which enjoy full exemption from the court’s ban on sale of liquor within 500 metres of National and State Highways.
- A Bench led by Chief Justice of India J.S. Khehar took note of the geographical quirks of Arunachal Pradesh and the islands and concluded that they “deserved parity” with Sikkim and Meghalaya.
DIPP to set up India’s first innovation support centre in Punjab
The Department of Industrial Policy and Promotion (DIPP) has signed an agreement to establish India’s first Technology and Innovation Support Centre (TISC) in Punjab.
- The TISC aims to stimulate a dynamic, vibrant, and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and innovation, thereby promoting entrepreneurship and enhancing social, economic and cultural development by establishing a network of TISCs in India.
CM Sangma launches ‘most inclusive’ Life programme
Meghalaya Chief Minister Mukul Sangma has recently launched an ambitious flagship program titled “Livelihood Intervention and Facilitation of Entrepreneurship” (LIFE) at Songsak.
- LIFE will focus on capacity building, Under the program, every 10 SHGs (Self-Help Groups) will be motivated to act like a bank and help each other. LIFE aims to bring all the poor and vulnerable women into the SHGs movement.
Gujarat to get India’s first high-speed rail training centre
The country is set to get its first high-speed rail training center at Gandhinagar. The center will provide for advanced training modules on cutting edge technologies.
- While India’s first bullet train is proposed to hit the track in 2023, the training center is supposed to start operating by 2020.
Delhi Police to be equipped with ‘super cop belt’
National capital police will be the first state police in India who will get ‘super cop belt’, a specially designed belt, widely used by Police in UK, USA, Russia and para-military forces like CRPF, CISF, NSG etc.
- This belt will help cops to keep things like Gun, Mobile Pouch, Security Batten, Wireless Set Pouch & ammunition pouch.
Maharashtra announces free insurance scheme for legislators
The Maharashtra government has launched a scheme to cover medical insurance of up to Rs10 lakh of 335 sitting legislators, 837 former legislators, and their families. This is reportedly aimed at curbing the use of fake bills in the medical reimbursement scheme the legislators were covered under earlier.
Niti Aayog ranks Andhra Pradesh best in three segments
Andhra Pradesh has topped the charts in ease of doing business and providing electricity to rural households.
Also Andhra Pradesh along with Goa, Kerala, Punjab and Tamil Nadu have achieved 100% penetration in making electricity available in rural households.
- Tamil Nadu which tops in reading comprehension and understanding class-V level Arithmetic is among the worst performing states in ease of doing.
- Kerala which secured top position in Nutrition and reading comprehension is among the bottom three in ease of doing business.
Chhattisgarh govt to merge DCCBs with state cooperative banks
The Chhattisgarh government has decided to merge all the branches of the district central cooperative banks (DCCBs) with the state cooperative banks.
- The decision would enable small DCCB to merge into the state cooperative bank that would ensure the fiscal strength of the entity. After the merger, the working capital of the bank would increase to more than Rs 10 crore. This would help the farmers to get more loans from the banks.
NGT to impose Rs50,000 fine for dumping waste in Ganga river
A penalty of Rs 50, 000 will be imposed on those dumping waste in the stretch between Haridwar and Unnao of River Ganga.
- Also in a landmark order aimed at cleaning up and rejuvenating the Ganga, considered a holy river by millions of Indians, the National Green Tribunal (NGT) has banned all construction within 100 metres of the river’s edge from Haridwar in Uttarakhand to Unnao in Uttar Pradesh.
Conservative Malta becomes 24th nation to legalize same-sex marriage
Malta has voted to legalise same-sex marriage, despite opposition from the Catholic Church. The law, which drew cross-party support, removes words including as “husband,” “wife,” “mother” and “father” from the Marriage Act and replaces them with the gender-neutral “spouse,” “parent who gave birth” and “parent who did not give birth.
Google acquires Bengaluru-based AI start-up Halli Labs
In a fresh impetus to its artificial intelligence dreams, Google has acquired Bengaluru-based start-up Halli Labs.
Model United Nations Regional Conference begins in Kathmandu
A Model United Nations (MUN) Regional Conference is being held at Kathmandu. The event is organised by the US Embassy in partnership with the Youth Thinker’s Society. Youths from 12 South and Central Asian countries including India are participating in 5-day conference.
- The basic aim of the MUN is to provide a platform to young minds to channelize energy and resources for a more prosperous and peaceful world.
Universe’s smallest star discovered
- With the unwieldy name of EBLM J0555-57Ab, the star is located some 600 light-years away in our Milky Way galaxy. The star is probably as small as stars can be according to astronomers.
FINANCE & ECONOMY
NPCI launches educational videos for BHIM users
National Payments Corporation of India (NPCI) has developed awareness videos for customers who download their BHIM application for UPI based fund transfer. An SMS based video link will be sent to the customer who downloads the app for seamless customer onboarding.
- These videos have been created to assist new customers with initial steps of using the app, like verifying their registered SIM card, generating BHIM App’s passcode, selecting their bank, generating UPI PIN for making transactions etc.
YES BANK Launches ‘YES GST’ Program to Assist MSMEs Become
YES Bank, India’s fourth largest private sector bank, along with YES Global Institute has launched ‘YES GST’ program for MSMEs (Micro, Small and Medium Enterprises) under its MSME CSR initiative, ‘Say YES to Sustainable MSMEs in India’.
- Through the program, the bank will help MSMEs to understand the impact of the changes in tax system and prepare them to know the new GST tax system.
- YES Bank has also launched GST-Ready products for MSMEs.
Justice Vikramajit Sen appointed new BCCC chairperson
The Board of Directors of Indian Broadcasting Foundation (IBF) appointed former Supreme Court judge, Justice Vikramajit Sen, as the new chairperson of Broadcasting Content Complaints Council (BCCC), the independent self-regulatory body set up by the Foundation in June 2011 to examine content-related complaints relating to all non-news general entertainment channels in India.
- Justice Sen succeeds former Punjab and Haryana high court Chief Justice, Justice Mukul Mudgal, whose three-year term as BCCC Chairperson came to an end.
Amit Shah, Mohan Bhagwat releases coffee table book on PM Modi’s life
BJP President Amit Shah and RSS Chief Mohan Bhagwat released a coffee table book on Prime Minister Narendra Modi’s life in New Delhi.
- The book – Making of A Legend, has been compiled by Sulabh International Founder Bindeshwar Pathak.
China’s Nobel laureate Liu Xiaobo dies at 61
China’s most famous political prisoner, the Nobel laureate and democracy icon Liu Xiaobo, has died at the age of 61. Liu was awarded the 2010 Nobel Peace Prize for his long and non-violent struggle for fundamental human rights in China.