Monthly Current Affairs Quiz - August, 2017

Notes:
The Punjab government has recently launched its flagship ‘Apni Gaddi Apna Rozgar’ scheme for jobless youth by flagging off over 100 uberMOTO bikes. Under the scheme, the state government will provide commercial two wheelers and four wheelers to unemployed youth at subsidised rates. The scheme will be a game-changer for the youth of Punjab and will play a catalysing role in encouraging micro-entrepreneurship opportunities throughout the state. The target of Uber is to create 10,000 entrepreneurial opportunities in Punjab in one year and a total of 45,000 in next five years.

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The Union Ministry of Electronics and Information Technology (MeitY) has recently constituted a committee of experts under the chairmanship of a former Judge of Supreme Court Justice B N Srikrishna to study and identify key data protection issues and recommend methods for addressing them. The purpose to form the committee is to recognize the importance of data protection and keeping personal data of citizens secure and protected. The committee will also suggest a draft Data Protection Bill. 

Notes:
The Union government has recently launched a portal e-Rashtriya Kisan Agri Mandi (e-RaKAM) which will provide a platform to sell agricultural produce. The e-RaKAM is a first of its kind initiative that leverages technology to connect farmers of the smallest villages to the biggest markets of the world through internet. Food and Consumer Affairs Minister Ram Vilas Paswan and Union Minister of Steel Chaudhary Birender Singh jointly launched the portal in New Delhi on August 1, 2017. The portal is a digital initiative bringing together the farmers, PSUs, civil supplies and buyers on a single platform to ease the selling and buying process of agricultural products. Under this initiative, e-RaKAM centres are being developed in a phased manner throughout the country to facilitate farmers for online sale of their produce. The farmers will be paid through e-Payment directly into their bank accounts.

Notes:
According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced by 25 basis points from 6.25% to 6.0% with immediate effect. This move is expected to lower EMIs for home, auto and personal loans. This is the first rate cut since October 2016 and the interest rate is now at 6-year low. In line with record low retail inflation, the reverse repo rate under the LAF stands adjusted to 5.75%, and the Marginal Standing Facility (MSF) rate and the Bank Rate to 6.25%. The RBI Governor headed, six member Monetary Policy Committee also decided to keep the policy stance neutral in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4%.

Notes:
In Tamil Nadu, the Aadi Perukku festival is celebrated with traditional gaiety to pay tribute to water’s life-sustaining properties. The festival, also known as ‘Aadi 18’, is celebrated on the 18th of Aadi month in Tamil calendar year to express gratitude to water bodies especially Cauvery river. The 18th day of Aadi is usually August 2, is observed as ‘Aadi pirappu’, a day of offerings and prayers to these rivers. The day is an occasion for rejoicing particularly for those living on the banks of the all the main rivers, its branches and tributaries.

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Dr. Sanjaya Baru has been named as the new secretary general of the Federation of Indian Chambers of Commerce and Industry (FICCI). He will assume the charge from September 1, 2017 and will succeed A Didar Singh.

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The Indian Army has developed a mobile application ‘Humraaz’ through which serving soldiers can track details like postings and promotions. Through the ‘Humraaz’ app, soldiers can also view their monthly salary slips and the Form 16 and also download them. For security reasons, the installation of the application has been linked to verification of Aadhaar details. The Aadhaar details will be verified with the Army database over National Information Centre (NIC) cloud and he will get a one-time-password on his registered mobile number. Thus, to enable usage of this mobile application, the latest mobile number of individuals should be linked to his Aadhaar number. The mobile app has been developed in-house by the Army and will be launched in the second week of August for prompt communication of information to junior commissioner officers and other personnels.

Notes:
Former Indian hockey captain Dhanraj Pillay has been honored with the East Bengal football club’s highest honour “Bharat Gaurav” on its foundation day on August 1, 2017. Pillay has played a huge role in reviving the Indian team and performed brilliantly during his 15-year career, representing the country in four Olympics, World Cups, Champions Trophy and Asian Games. He played total 339 matches for India, scoring 170 goals. He led India to Asian Games glory in 1998 and also won the Asia Cup in 2003. Beside him, Gurwinder Singh and Boddupalli Amit have won the Footballer of the Year award and the Cricketer of the Year, respectively. Former India International Subhash Bhowmick, a member of the 1970 Asian Games bronze medal-winning national football team and former national team coach Syed Naeemuddin were honored with lifetime achievement awards.

Notes:
According to recently released report-ICT Facts and Figures 2017, India and China are home to 39% of the 830 million young people worldwide who use the Internet. The report, released by the International Telecommunication Union (ITU), shows that of the 830 million young people online worldwide, 320 million ( or 39%), are in China and India. The ICT data shows that youths (15-24 years old) are at the forefront of Internet adoption. In Least Developed Countries (LDCs), up to 35% of individuals using the Internet are aged 15-24, compared with 13% in developed countries and 23% globally. The ITU is the United Nations (UN) specialized agency for Information and Communication Technologies (ICTs). It has 193 countries as its members and also 800 private-sectors.

Notes:
Prabhat Kumar, the IFS officer of 1991 batch, has been appointed as the next Ambassador of India to the Republic of Kazakhstan. Presently, he is Ambassador of India to Colombia. He is expected to take up the assignment shortly.