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:
The 3-day International Hindu Conference has started in Kathmandu, Nepal with the theme of ‘Emerging spiritualism: Renaissance of Hinduism’ on August 31, 2017. The aim of the conference is to make Kathmandu the global capital of Hinduism. Approx 500 Hindu scholars, religious leaders, Hindu activists and officials from different countries including India, Bangladesh, Pakistan, the US and the UK are are taking part in the conference. The conference will discuss papers on various contemporary issues including, scientific basis of Hinduism, climate change and global warming.

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:
Nirmala Sitharaman, the former minister of state for the commerce and industry ministry, has become the new Defence Minister of India on September 3, 2017 after latest Union cabinet reshuffle. She succeeded Arun Jaitley. With this, she has become the India’s first woman Defence Minister after Indira Gandhi. Currently, she is Member of Parliament (MP) in Rajya Sabha representing the state of Karnataka. Now, Suresh Prabhu has become the new Union Minister of Commerce and Industry.

Notes:
Kenneth I. Juster, the Deputy Director of the National Economic Council at the White House, has been nominated as the next U.S ambassador to India. The appointment will take effect once the U.S Senate confirms him. The post is vacant since January 20, 2017. Juster has been a strong supporter of India-U.S ties and played a key role in the civil nuclear deal and in the advancement of defence ties between the two countries when he was under secretary of Commerce under former president George W. Bush from 2001 to 2005. He was the co-chair of the U.S.-India High Technology Cooperation Group set up during the George W. Bush presidency, and was instrumental in the formation of the Next Steps in Strategic Partnership, a diplomatic initiative between the United States and India on cooperation in strategic areas such as nuclear, space and military, in 2004.

Notes:
Star India acquired digital as well as media rights for Indian Premier League for a term of five years 2018-2023 with a whooping bid of Rs. 16,347.50 crore on September 4, 2017. The staggering deal has turned out to be a financial windfall for the BCCI despite the administrative crisis it is facing at the moment. The testimony to IPL’s growth as the premier sporting property of the country is reflected by the fact that the previous 10-year bid for TV rights only was bought by Sony at Rs. 8200 crore in 2008. Now, the BCCI stands to earn nearly double that amount in half the duration of five years, with earnings of Rs 3270 crore from IPL media rights per year. The BCCI will now earn Rs 55 crore approximately from an IPL match compared to Rs 43 crore, ironically, for each international match that India play. The media rights include broadcast (TV) and digital (mobile and internet) for various segments namely India, Middle East, Africa, Europe and America.

Notes:
Gauri Lankesh, the noted journalist and activists, was shot dead at her Rajarajeshwari Nagar’s residence in Bengaluru, Karnataka on September 5, 2017. She was the editor of popular Kannada tabloid Lankesh Patrike founded by her father and well-known writer P Lankesh. Lankesh was also part of a panel formed by State government to help surrender Naxals to reform. She was known to be a notable social and political commentator and acclaimed for her lifelong support for free speech and strong journalistic ethics, her works were popular in all quarters, her critics alike. The state government has formed a three team comprising of senior police officer to investigate the crime. AIR correspondent reports that killing of senior journalist known for her out spoken views, is being compared with the murder of rationalist, liberal thinkers, M M Kulburgi, Pansare and Dabholkar in recent years. Several associations of writers and journalists are holding protest in the state demanding immediate arrest of the perpetrators of crime.

Notes:
Viveck Goenka, the CMD of Express Group, has been elected as the new Chairman of Press Trust of India (PTI). He succeeded Riyad Mathew, who is Senior Assistant Editor and a member of the Manorama management. N. Ravi, the former Editor-in-Chief of The Hindu, has been unanimously elected as new Vice Chairman of PTI.

Notes:
Ajay Bhushan Pandey, the CEO of Unique Identification Authority of India’s (UIDAI) has been appointed as interim chairman of the Goods and Services Tax Network (GSTN). He succeeded Navin Kumar, who completed his term on August 29. GSTN is a not-for-profit entity owned by the Centre, states and non-government financial institutions, and is responsible for building and running the Information Technology (IT) backbone for new GST tax regime. Pandey has been given additional charge of the post of Chairman of GSTN with immediate effect and until further orders.

Notes:
Rattihalli Nagendra Sudarshan (78), the veteran Kannada actor, producer and singer, has passed away in Bengaluru, Karnataka on September 8, 2017. In his five decade film career, Sudarshan acted in Kannada, Tamil, Hindi, Telugu and Malayalam films. He was one of the villains in Nayagan directed by Manirathnam. His last film was Super (2010) by Upendra in Kannada. Music lovers still remember him for songs such as Hoovandu Balibandu and Irabeku, Irabeku, Ariyada, which he sung in Shubhamangala (1975) directed by Puttanna and songs from his own film Naguva Hoovu (1971).