Monthly Current Affairs Quiz - September, 2017

Notes:
Prime Minister Narendra Modi has inaugurated the annual conference – Rajaswa Gyan Sangam (RGS-2017) in New Delhi on September 1, 2017. The conference is jointly organised by Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). The objective of the Conference is to enable a two-way communication between the policy-makers and the senior officers in the field offices with a view to increase revenue collection and facilitate effective implementation of law and policies in key result areas. Apart from the joint sessions, separate technical sessions of each Board will be held during the two-day Conference. Issues arising in implementation of policies and strategies to achieve targets in core functional areas will also be discussed. Crucial issues like Tax Evasion, GST, Customs Reforms and Modernisation will also come up for discussion. For the first time, senior officers of the Finance Department of the States and Union Territories will attend the event.

Notes:
Noted economist Rajiv Kumar has taken over charge as the new vice-chairman of government think tank Niti Aayog. He replaced Indian-American economist Arvind Panagariya who left the think tank to return to academia. Kumar was a senior fellow at the Centre for Policy Research. He holds a Doctor of Philosophy in economics from Oxford and a PhD from Lucknow University. He also served as Secretary General of industry association, FICCI. He was a member of the National Security Advisory Board (NSAB) between 2006 and 2008. He also served as the Chief Economist of the Confederation of Indian Industries (CII) and held senior positions in the Asian Development Bank, the Indian Ministry of Industries, and the Ministry of Finance.

Notes:
Rajiv Kumar, a 1984 batch IAS officer of Jharkhand cadre, has been appointed as the new Secretary in the Department of Financial Services (DFS). He succeeded Anjuly Chib Duggal, who superannuated. At present, Kumar is Special Secretary and Establishment Officer in the Ministry of Personnel. The DFS looks after the functioning of banks, financial institutions, insurance companies and the national pension system. Rajiv Kumar has spearheaded several reforms in Indian bureaucracy including an online system for recording of the bureaucrats annual performance appraisal reports.

Notes:
The state-owned NTPC has signed a term loan agreement for 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 utilised to part finance the capital expenditure of NTPC.

Notes:
The 9th edition of BRICS summit-2017 has started at Xiamen in the Fujian Province of east China on September 3, 2017 with theme “BRICS: Stronger Partnership for a Brighter Future”. For this, Prime Minister Narendra Modi has embarked on a two nation tour of China and Myanmar. On the first leg of his visit, Mr. Modi will attend the 2017 BRICS Summit. In the 3-day summit, at least four documents, BRICS Action Agenda on Economic and Trade Development, BRICS Action Agenda on the Innovation Cooperation, BRICS Customs Cooperation and an MoU between BRICS Business Council and New Development Bank are expected to be signed. On the second leg of the visit, Prime Minister Modi 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:
Lewis Hamilton, a British racing driver who races in Formula Onefor the Mercedes AMG Petronas team, has won the 2017 Italian Formula One Grand Prix tournament on September 3, 2017 at the Autodromo Nazionale Monza in Monza, Italy.

Notes:
The Union Environment Ministry has launched an environment awareness initiative on September 5 on the occasion of Teachers’ Day. Under the initiative, an online environmental quiz competition named “Prakriti Khoj” will be conducted at the national level. The objective of the quiz is to generate interest among school children about the science related to environment. This will help in sensitizing the children on the issues related to environment and development. The initiative is to motivate children towards environment conservation-oriented lifestyles. It will also trigger their sensitivity towards nature appreciation and conservation, leading to positive environmental actions at different levels.

Notes:
Raj Kumar Singh has recently take charge as new Union Minister of State (IC) in Ministries of Power & New & Renewable Energy after latest reshuffle in the Union Cabinet on September 3, 2017. He succeeded Piyush Goyal, who is now Cabinet Minister for Railways. Singh is the Member of Parliament (MP) from Arrah Lok Sabha constituency. Singh is also the Minister of State (Independent Charge) of the Ministry of New and Renewable Energy.

Notes:
Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize – a prestigious honour that recognises Research Innovation, Education Innovation, Global Leadership and Global Innovation. The Prize of $ 50,000 was awarded in two categories; Education Innovation and Research Innovation. Both winners were recognised for the development and implementation of innovative solutions to significant global issues. Murthy was presented the PLuS Alliance Prize for Global Leadership while Professor Sahajwalla was awarded the PLuS Alliance Prize for Research Innovation for her project ‘The new science of green manufacturing’. The awards were presented to Murthy, Sahajwalla and the other winners by Professor Sir Malcolm Grant, Chairman of NHS England and Chair of the PLuS Alliance Advisory Board, at a ceremony at the T-H-E World Academic Summit in London on September 3, 2017. The PLuS Alliance is an international collaboration between Arizona State University, King’s College London, and UNSW Sydney.

Notes:
India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships. It was decided by the Executive Board of Commonwealth Weightlifting Federation to allot the 2019 edition of the competitions to India at Gold Coast, Australia. The 2018 edition of the tournament is being held at the Gold Coast.