Current Affairs on Saturday 2nd September 2017

Current Affairs on Saturday 2nd September 2017

  1. Union Government has appointed Mr. Sunil Arora as third Election Commissioner. His appointment effective for next four years. He succeeded Nirvachan Sadan. Mr. Sunil had served in Information and Broadcasting as secretary. Achal Kumar Joti is the Chief Election Commissioner of India.
  2. The outgoing Home Secretary Rajiv Mehrishi has been appointed as newly Comptroller and Auditor General of India (CAG). He will succeed Shashi Kant Sharma. Rajiv Mehrishi is 13th CAG of India. Mr. Mehrishi has handed over the charge of Home Secretary to Rajiv Gauba.
  3. Economist Rajiv Kumar has taken Charge of Vice-Chairman of government think tank NITI Aayog.  Mr. Rajiv Kumar succeeded Arvind Panagariya. Mr. Kumar was a senior fellow at the Centre for Policy Research (CPR). He was a member of the National Security Advisory Board between 2006 and 2008.
  4. President of Switzerland Doris Leuthard is on the three-day visit to India. Indian Railway Ministry has signed two MoUs with Switzerland during visit of swiss president Doris Leuthard. PM Modi represented India in delegation level meeting. 
    1. The First MoU was signed between Ministry of Railways and Federal Department of the Environment, Transport, and Communications of the Swiss Confederation for technical cooperation in Rail Sector. The MoU aims at cooperation in the areas of EMU and Train sets, Tilting Trains, Traction Rolling stock and Traction Propulsion Equipment
    2. The second MoU was signed between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology (ETH) Zurich. The MoU aims to help the Konkan Railway in establishing the George Fernandes Institute of Tunnel Technology (GFITT) at Goa, especially for assimilation and dissemination of knowledge in the field of tunneling.
  5. According the Central Statistics Office, released on Friday, Arunachal Pradesh and Jammu & Kashmir were the fastest growing State economies in 2015-16 as compared with 2011-12 base year. It was also reported that their per capita income growth rate in the same year was also highest. Arunachal Pradesh’s gross State domestic product (GSDP) expanded at the rate of 16.5 per cent and that of Jammu and Kashmir was 14.7 per cent.
  6. According to the Scimago Institutions ranking World Report 2017, India’s largest autonomous public sector research organisation Council of Scientific and Industrial Research (CSIR) has been ranked ninth in the world. A total of 1,207 government institutions were in the competition. Chinese Academy of Sciences of China has topped the list.
  7. Markets regulator SEBI has incarcerated Orion Capital, Orion Broking and their partners from the securities markets for 10 years. They have failed to redress several investor grievances pertaining to non- settlement of funds due to the clients. Orion Capital has a claim due of Rs 6 crore and over Rs 4 crore due to Orion Broking.
  8. The Reliance Foundation has won prestigious Rashtriya Khel Protsahan Award. President Ram Nath Kovind.presented the award to Chairperson of the foundation, Nita Ambani at Rashtrapati Bhawan. Reliance Foundation awarded for its contribution to promote different sports in India.  
  9. Kendriya Vidyalaya Sangathan (KVS) has awarded with Rashtriya Khel Protsahana Purushkar for its ‘Identification and Nurturing of Budding and Young Talent’ (IDCO) program. President Ram Nath Kovind.presented the award at Rashtrapati Bhawan. 
  10. The world’s largest and powerful X-ray laser- European X-ray Free Electron Laser (XFEL) was unveiled in Hamburg, Germany. The first beam from XFEL was accelerated in April 2017 and first x-ray beam was produced in May 2017. It will help scientists penetrate the inner workings of atoms, viruses and chemical reactions.
  11. The Union Ministry of Science and Technology is planning to create FarmerZone, a collective open-source data platform for smart agriculture by using biological research and data to improve lives of small and marginal farmers. It was announced by Department of Biotechnology (DBT) at recently convened Smart Agriculture Conclave in New Delhi. The objective of conclave was to set stage for “FarmerZone”. It was organised by DBT in partnership with UK’s Biotechnology and Biological Sciences Research Council (BBSRC) and Research Councils UK (RCUK) India.
  12. India and China have jointly submitted proposal to World Trade Organisation (WTO) calling for elimination of most trade-distorting farm subsidies by developed countries. These farm subsidies are known as known as Aggregate Measurement of Support (AMS) or ‘Amber Box’ support.
  13. The growth of eight core sectors slowed to 2.4% in July 2017 as compared to 3.1% in July 2016. Growth has reduced due to contraction in output of crude oil, refinery products, cements and fertiliser. Simultaneously these eight core sectors have recorded a growth of 2.5% in April-July 2017 quarter as it was 6% in same period of 2016. Core sectors or industry can be defined as the main industry of the economy. In India, there are eight core sectors which include coal, natural gas, crude oil, refinery products, steel, cement, electricity and fertilizers.

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