Monthly Current Affairs Quiz - August, 2017

Notes:
The book “I Do What I Do” has been authored by Rahguram Rajan, the former RBI governor. This book conveys what it was like to be at the helm of RBI in those turbulent but exciting times. Rajan explains economic concepts in a readily accessible way. Equally, he addresses key issues that are not in any banking manual but essential to growth: the need for tolerance and respect to assure India’s economic progress, for instance, or the connection between political freedom and prosperity. The book is published by HarperCollins India and will be launched in Chennai on 4th September 2017, exactly a year after Rajan quit as RBI governor.

Notes:
Sanjivani Jadhav from India, a marathon runner from Nashik, has clinched silver medal in the women’s 10,000-metre at the 29th World University Games in Taipei, Taiwan on August 24, 2017. Earlier, she won a bronze in the 5000 metres at the Asian Athletics Championships in Bhubaneswar in July 2017.

Notes:
The first edition of Rural Games or Grameen Khel Mahotsav will kick-start from Delhi and will take place between 28th August to 3rd September 2017. The purpose of the Rural Games is to popularize the indigenous games like wrestling and athletics and will also have fun games like Matka Race, Tug of War for senior citizens. In the first stage, the games will be held in Alipur, Mehrauli, Nangloi, Najafgarh and Shahadara where ten thousand youngsters will participate. The Union Ministry of Youth Affairs and Sports will also launch sports talent search portal. The portal will enable any person from across country to upload his information and as per that the Ministry will tap their talent and train them further in their respective disciplines.

Notes:
The Chitwan National Park (CNP) is located in the subtropical Inner Terai lowlands of south-central Nepal and covers an area of 932 square kilometres. The park is considered to have the highest population density of sloth bears with an estimated 200 to 250 individuals. It is also home to golden jackals, fishing cats, jungle cats, leopard cats, large and small Indian civets, Asian palm civets, crab-eating mongooses and yellow-throated martens.

Notes:
Lewis Hamilton, a British racing driver who races in Formula One for the Mercedes AMG Petronas team, has won the 2017 Belgian Grand Prix at the Circuit de Spa-Francorchamps in Stavelot, Belgium on August 27, 2017.

Notes:
Prime Minister Narendra Modi will visit Xiamen in China’s Fujian province to attend the 9th BRICS summit, which will be held from September 3-5, 2017. Subsequently, the Prime Minister will pay a State visit to Myanmar from September 5th to 7th. This will be Prime Minister Modi’s first bilateral State visit to Myanmar. During the visit, Prime Minister will hold discussions with State Counsellor Daw Aung San Suu Kyi on matters of mutual interest and also call on President U Htin Kyaw. Apart from his engagements in the capital city of Nay Pyi Taw, Mr Modi will visit Yangon and Bagan.

Notes:
Ashish kumar Chauhan has been re-appointed as the new Managing Director and CEO of Bombay Stock Exchange (BSE) for the period of 5 years from November 2, 2017 to November 1, 2022. For this, Securities and Exchange Board of India (SEBI) has recently gave its approval to re-appoint Chauhan as MD and CEO of the company for next 5 years.

Notes:
Sumiteru Taniguchi (88), the prominent nuclear disarmament campaigner and peace activist, has passed away in Nagasaki, Japan on August 30. He was the survivor of the 1945 atomic bombing of Nagasaki and a prominent activist for a treaty prohibiting nuclear weapons, and chairman of the Nagasaki Council of the A-Bomb Sufferers. He was 16 when the atomic attack happened, and was about 1.8 kilometers away from ground zero when the bomb hit. He suffered severe burns on his back. He appealed for the support of survivors and elimination of nuclear weapons throughout his life. Ten years after the bombing, Taniguchi formed a group with other survivors who experienced the ordeal.

Notes:
The Indian Space Research Organisation (ISRO) has launched its navigation satellite IRNSS-1H into the orbit by the rocket PSLV C39 from the Satish Dhavan Space Centre at Sriharikotta, Andhra Pradesh on August 31, 2017. Though, the IRNSS-1H mission was failed as heat shield did not open up for the deployment of the satellite. The IRNSS-1H was a part of the indigenous navigation system called ‘NavIC,’ that was initially planned to have a constellation of seven satellites. NavIC system is equivalent to the GPS service, having footprint over the whole of India and about 1500 kilometers from its borders on all sides. It helps user agencies to plan and monitor their vehicular movement on the road and on the sea. It can alert fishermen while approaching international maritime boundaries and help public to locate precisely the addresses they require.

Notes:
The Ujjivan Small Finance Bank (SFB) Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd., has been included in the Second Schedule to the Reserve Bank of India (RBI) Act, 1934. With this, Ujjivan SFB has attained the status of a Scheduled Bank. This status will enhance the market acceptability of the bank in its effort to garner institutional deposits at a competitive price and participate more actively in the inter-bank market. It also opens the door for issuing Certificates of Deposits (CDs), which will be an important source of funding. Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in eight states and two Union Territories. It plans to convert 160 existing branches and 29 new Unbanked Rural Centres (URCs) by the end of FY 2017-18 and the remaining branches will be converted over a period of two years in line with RBI approval. The headquarters of Ujjivan SFB is located in Bengaluru.