Current Affairs on Friday 1st September 2017

Current Affairs on Friday 1st September 2017

  1. Ujjivan Small Finance Bank Ltd has received scheduled bank status by RBI. Ujjivan Small Finance Bank Ltd is wholly-owned subsidiary of Ujjivan Financial Services Ltd. Ujjivan SFB has its headquarter in Bengaluru, Karnataka. Samit Ghosh is the MD & CEO of Ujjivan SFB.
  2. Mr. Rajiv Gauba took over as Secretary to the Government of India in the Ministry of Home Affairs. He succeeded Shri Rajiv Mehrishi. Mr. Gauba joined the Ministry of Home Affairs as Officer on Special Duty on June 27, 2017.
  3. Former CBI Director R.K. Raghavan has been appointed as High Commissioner to Cyprus. He had been CBI Director from January 1999 to April 2001. The Supreme Court appointed him head of the Anti-Ragging Monitoring Committee in 2006. He has specialization in cybersecurity.
  4. Eminent Konkani writer Mahabaleshwar Sail (74) was bestowed with prestigious Saraswati Samman 2016. He was awarded for his novel “Hawthan” that captures cultural lives of traditional potter community in Goa. He was presented the award, comprising plaque and a cash purse of Rs.15 lakh by Union minister for commerce and industry Nirmala Sitharaman at event held in New Delhi.
  5. Unicity International has launched world’s first ever Genomeceutical (gene controlling) range of products in India. Unicity International has its headquarter in Orem, Utah, United States. 
  6. NTPC has signed a term loan agreement of Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC.
  7. The Indian Space Research Organisation (ISRO) has failed to launch PSLV-C39 carrying Indian Regional Navigation Satellite System (IRNSS-1H) successfully. The satellite was lift off from the Satish Dhawan Space Centre at Sriharikota. The heat shield did not separate as a result of which satellite did not complete the 4th stage.
  8. 10th India-European Union Counter Terrorism Dialogue was held in New Delhi. India and the European Union have agreed to strengthen cooperation between their security and intelligence agencies to combat the threat of terrorism and check terror financing.
  9. India and Switzerland have signed two Memorandum of Understandings (MoUs) for exchanging technical cooperation in the field of Railways. MoUs were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. Swiss President also said swiss will exchange information on tax data with India from 2019.
  10. The US Food and Drug Administration (FDA) approved first gene therapy, a treatment that uses patient’s own immune cells to fight acute lymphoblastic leukaemia. The approval will usher new approach to treatment of cancer and other serious and life-threatening diseases. Studies have shown that 83% of patients responded to this treatment, achieving remission within three months.
  11. The Union Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi has approved implementation of first phase of reforms pertaining to the Indian Army based on recommendations of Lt Gen Shekatkar Committee. The purpose of reforms is to enhance combat capability and also optimize and rebalance defence expenditure of Indian Army in phased manner by December 2019. It is first ever reform exercise to be undertaken in Indian Army since independence.
    1. The first phase of reforms involves: Redeployment and restructuring of approximately 57,000 posts of officers/Junior Commissioned Officers (JCOs)/ Other Ranks (ORs) and civilians. Optimisation of signals establishments, Restructuring of repair echelons in Army, Redeployment of Ordnance echelons.
  12. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Myanmar for conservation of earthquake-damaged pagodas at Bagan, Myanmar. The MoU will be signed during official state visit of Prime Minister Narendra Modi to Myanmar during 6-7 September 2017. Pagodas are Buddhist temple, typically in the form of a many-tiered tower, built in traditions originating as stupa in historic South Asia. Pagodas at Bagan are one of the premier tourist attractions of Myanmar.
  13. Researchers from Indian Institute of Technology (IIT) Guwahati have successfully created an implantable bioartificial pancreas model grown within 3D silk scaffold. The bioartificial pancreas encapsulates insulin-producing beta cells, capable of naturally producing insulin in sustained manner. If successful in animal and human trials, it can be used for treating people with Type 1 diabetes. Type 1 diabetes arises when the body’s immune system kills the insulin-producing beta cells.
  14. PV Sindhu has become first brand ambassador for Bridgestone India. Recently she won silver medal at World Championship. She has signed a three year deal with Bridgestone India.
  15. Gaurav Bidhuri has won bronze medal in the bantamweight category (56kg) at AIBA World Boxing Championships, Hamburg. US boxer Duke Ragan defeated in semifinals.

 

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