Daily Current Affairs 2nd January 2018

Dear SH Aspirants,
Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

1. Saudi Arabia, UAE introduce VAT in first for Gulf

Saudi Arabia and the United Arab Emirates introduced value-added tax, a first for the Gulf which has long prided itself on its tax-free.

• The five percent sales tax applies to most goods and services and analysts project that the two governments could raise as much as $21 billion in 2018, equivalent to 2.0 percent of GDP.
• The other four Gulf states, Bahrain, Kuwait, Oman and Qatar are also committed to introducing VAT but have delayed the move until early 2019.

2. Maneka Gandhi to inaugurated online portal ‘NARI’

In a big leap forward to empower women, the Minister of Women & Child Development, Smt Maneka Sanjay Gandhi has inaugurated an online portal NARI in New Delhi.

• Developed by the Ministry of Women & Child Development, the portal will provide women citizens with easy access to information on government schemes and initiatives for women.
• Further to provide a platform for NGOs and Civil Societies to interact with the Ministry of Women & Child Development, e-Samvad portal has also been developed which was inaugurated by the WCD Minister.
• The NARI portal summarizes over 350 government schemes and other important information for the benefit of women, with more being added everyday.
• There are tips on good nutrition, suggestions for health check ups, information on major diseases, tips for job search and interview, investment and savings advice, information on crimes and against women and reporting procedures, contacts of legal aid cells, simplified adoption procedures and much more. 

3. UP declares Noida, Yamuna E-way as electronics manufacturing zone

The Yogi Adityanath government has released its 'Uttar Pradesh Electronics Manufacturing Policy' under which Noida, Greater Noida and the Yamuna Expressway region has been declared as an electronics manufacturing zone.

• A minister said the aim of this policy is to ensure that the state gets the status of a favourite investment destination.
• The target of the policy is to attract investments worth Rs 20,000 crore in the ESDM sector and 3 lakh jobs by 2022.

Current Affairs: 1st January 2018

Dear SH Aspirants,
Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

1. Pakistan to set up $1.51 billion hydropower project in PoK

Pakistan has decided to set up a new hydropower project of over 700 megawatts in PoK through foreign financing at an estimated cost of USD 1.51 billion by 2022.

• The Azad Pattan Hydropower Project (APHP) is a run of river scheme located on Jhelum River in the Sudhanoti district of Pakistan-occupied Kashmir and about 90 kilometres from Islamabad.
• The project would be completed by 2022 for which the authorities have sought an import tariff at Rs 8.05 per kilowatts.

2. India ranked 90th among 163 countries in the positive peace index

Despite the unrest in the last one year, there is an atmosphere of peace in 93rd countries.

• In the ranking released by the Institute of Economics and Peace named Positive Peace Index 2017, India has been ranked 90th among 163 countries.
• Sweden, Switzerland and Finland are the top three countries respectively In the index.

3. Centre releases Rs 24,500 crore to compensate states post GST

The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it, Parliament was informed.

• As per the details of GST compensation released to states as on November 30, Karnataka got maximum compensation from the Centre at Rs 3,271 crore, followed by Gujarat (Rs 2,282 crore) and Punjab (Rs 2,098 crore).
• The other states that required hefty compensation include Rajasthan (Rs 1,911 crore), Bihar (Rs 1,746 crore), Uttar Pradesh (Rs 1,520 crore), West Bengal (Rs 1,008 crore) and Odisha (Rs 1,020 crore).

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Weekly Current Affairs December 2017 (4th Week)

DAILY CURRENT AFFAIRS

Dear SH Aspirants,
Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

1. India ranks 109th in mobile internet speed and 76th in fixed broadband

India has ranked 109th in mobile internet speeds and 76th in fixed broadband speeds in Ookla's November Speedtest Global Index, where the country's average mobile speed was 8.8 Mbps and broadband speed was 18.82 Mbps.

• Norway ranked first in the world for mobile internet, with an average download speed of 62.66 Mbps, as of November.
• Singapore led in the fixed broadband category, with a 153.85 Mbps average download speed.

2. India declares $25 million assistance for Rakhine State

India has announced a development assistance of $25 million for Myanmar’s Rakhine State, from where thousands of Rohingya Muslims recently fled following incidents of violence against the community.

• This came a day after Foreign Secretary S Jaishankar visited Myanmar and met Myanmar’s State Counsellor Aung San Suu Kyi.
• An estimated 6,00,000 Rohingya Muslims have fled Myanmar’s Rakhine State since late August after large-scale violence there.

3. India to set up IT centre in Egypt's Al Azhar University

India will be establishing a Centre of Excellence in Information Technology (CEIT) at Al Azhar University, Egypt's highest religious authority and one of the world's most eminent seats of Sunni Muslim learning.

• All the equipment and course material has reached Egypt and premises are being prepared for CIET, which will provide high-tech education and skills to the country's youth, India's Ambassador to Egypt, Sanjay Bhattacharyya, said.

4. Guatemala to move its embassy to Jerusalem

The president of Guatemala says the Central American country will move its embassy in Israel to Jerusalem.

• Guatemala was one of nine nations that voted earlier this week with the United States when the U.N. General Assembly overwhelmingly adopted a non-binding resolution denouncing President Donald Trump’s recognition of Jerusalem as Israel’s capital.