Upload
dangthuan
View
625
Download
21
Embed Size (px)
Citation preview
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
1
GK Power Capsule (1st June to 15th October) 2017
For IBPS RRB PO/Clerk 2017
CONTENTS
S. No Topics Page No.
1. Important Days 2
2. Important State Wise National News 5
3. Important Ministry Affairs 35
4. Important Banking News 52
5 Important Financial & Economy Affairs 76
6 Important Funds Allocated By Organizations 88
7. Important International News 89
8. Important Appointments 124
9. Important Awards and Honors 141
10. Important MoU and Agreements 152
11. Important Summit & Conference 174
12. Important Bills and Amendments 176
13. Important Mobile App and Web Portal 176
14. Important Defence News 181
15. Important Schemes and Programs 190
16. Important Ranking and Indexes 195
17. Important Science and Techmology 197
18. Important Books and Authors 203
19. Important Sports News 203
20. Important Obituaries 231
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
2
IMPORTANT DAYS
JUNE
June 1 – Global Day of Parents
June 1 – world milk day
Theme – Raise a glass of milk
June 4 – World Day of Innocent Children Victims of Aggression
June 5 – World Environment Day,
Theme – connecting People to Nature
June 6 – Russian language day
June 8 – World Brain Tumor Day
June 8 – World Oceans Day
Theme – Our Oceans, Our Future
June 12 – World Day Against Child Labor,
Theme – In conflicts and disasters, protect children from child labour
June 13 – International Albinism Awareness Day
June 14 – World Blood Donor Day
Theme – Give Blood, Give Now, Give Often
June 15 – World Elder Abuse Awareness day
Theme – Understand and End Financial Abuse of Older People: A Human Rights Issue.
June 16 – International Integration Day
June 16 – international day of family remittances
June 17 – World Day to Combat Desertification and Drought,
Theme – Our Land, Our Home, Our Future
June 18 – International Picnic Day
June 18 – sustainable gastronomy day
June 19 – International Day for the Elimination of Sexual Violence in Conflict,
Theme – ‗Preventing Sexual Violence Crimes through Justice and Deterrence‘
June 20 – World Refugee Day
June 21 – World Music Day
June 21 – world hydrography day
June 21 – International Yoga Day
Theme – yoga for Health
June 23 – International Olympic Day
June 23 – United Nations Public Service Day
June 23 – International Widows Day
June 25 – Day of the Seafarer
Theme – Seafarers Matter
June 26 – International Day against Drug abuse and Illicit Trafficking,
Theme – Listen First – Listening to children and youth is the first step to help them grow healthy and safe
June 27 – micro small and medium sized enterprises day
June 28 – Tau Day
June 29 – international day of the tropics
June 29 – national statistics day(India)
June 30 – international asteroid day
JULY
1st July : National Doctors‘ Day
1st July : Chartered Accountants' Day
1st Saturday : International co-operative day
Theme : Co-operative ensures no once left behind
2nd July : World Sports Journalists Day
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
3
3rd July : International Plastic Bag Free Day
6th July : World Zoonoses Day
7th July : Global Forgiveness Day
7th July : World Chocolate Day
11th July : World Population Day
Theme : Family Planning : Empowering People, Developing Nations
12th July : World Malala Day
15th July : World Youth Skills Day
Theme : Skills for All
17th July : World Day for International Justice
Theme: Preventing conflict and sustaining peace through decent work
18th July : International Nelson Mandela Day
19th July : Save Public Sector Bank
23rd July : National Broadcasting Day
24th July : Income Tax Day
26th July : Kargil Vijay Diwas
27th July : Central Reverse Police Force (CRPF)Foundation Day
28th July : World Hepatitis Day
Theme : Eliminate Hepatitis
28th July : World Nature Conservation Day
29th July : International Tiger Day
Theme : Fresh Ecology For Tigers‘ Protection
30th July : World Day against Trafficking in Persons
Theme : Act to Protect and Assist Trafficked Persons
01st August - World Breast Feeding Day
Theme- Sustaining Breastfeeding Together
AUGUST
06th August - Hiroshima Day
07th August - National Handloom Day
08th August - World Senior Citizen‘s Day
09th August - krantidiwas- Quit India Movement Day -Sankalp se Siddhi-the attainment through resolve
09th August - Nagasaki Day
09th August - International day of the world's indigenous people
10th August - World Bio-Fuel Day
12th August - International Youth Day
Theme : Youth Building Peace
12th August - World Elephant Day
13th August - Organ Donation Day
15th August - India‘s Independence Day
19th August - World Humanitarian Day
Theme: WHD Campaign: Not a Target
19 th August-World Photography Day
20th August - Sadbhavna Divas
20th August - Harmony Day
20th August - World Mosquito Day
23rd August - International Day for the Remembrance of the Slave Trade and Its Abolition
26th August - women equality day
29th August - International Day Against Nuclear Tests
29th August - National Sports Day - To mark the birthday of the hockey player Dhyan Chand
30th August - Small Industry Day
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
4
SEPTEMBER
02nd
September: World Coconut Day
Theme – Coconut for Family Nutrition, Health and Wellness
04th
September: World Chocolate Day
05th
September: National Teachers Day
05th
September: International Day of Charity
07th
September: World Forgiveness Day
08th
September: International Literacy Day
Theme – Literacy in a digital world
10th
September: World Suicide Prevention Day
Theme – Take a minute, change a life
12th
September: United Nations Day for South-South Cooperation
13th
September: World First Aid Day
14th
September: World Fraternity and Apology Day
14th
September: Hindi Day
15th
September: International Day of Democracy
Theme – Democracy and Conflict prevention
15th
September: Engineers Day
Theme – Role of Engineers in a developing India
16th
September: International Day for the Preservation of the Ozone Layer
Theme – Caring for all life under Sun
20th
September: International Day for the Total Elimination of Nuclear Weapons
20th
September: RPF Foundation day
21st September: Alzheimer‘s Day
Theme - Dementia: Can we reduce the risk?
21st September: International Day of Peace
Theme – Together for Peace: Respect, Safety and Dignity for All
22nd
September: World Cancer Free Day or Rose Day
23rd
September: International Day of the Deaf
26th
September: World Contraception Day,
27th
September: World Tourism Day
Theme – Sustainable Tourism – a Tool for Development
28th
September: International Day for Universal Access to Information,
28th
September: World Rabies Day
Theme – Rabies: Zero by 30
28th
September: World Maritime Day
Theme – Connecting Ships, Ports and People
29th
September: World Heart Day
29th
September: World Heart Day
Theme- Creating Heart Healthy Environments
29th
September: World Coffee Day
30th
September: International Translation Day
Theme – Translation and Diversity
30th
September: International Translation Day
30th
September: World Deaf Day
OCTOBER
1st October - International Day of Older Persons
1st October - World Vegetarian Day
2nd
October - World Habitat Day
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
5
2nd
October - International Day of Non-Violence
4th
October - World Animal Day
5th
October - World Teachers' Day
5th
October - World Ballet Day
8th
October - Indian Air Force Day
9th
October - World Post Day
10th
October - World Mental Health Day
10th
October - World Day Against the Death Penalty
11th
October - International Day of Girl Child
12th
October - World Sight Day
14th
October - World Standards Day
15th
October - World Students' day
15th
October - International Day of Rural Women
.
STATE WISE NEWS
Andhra Pradesh
Capital – Amaravati; CM – N. Chandrababu Naidu; Governor – E S L Narasimhan
Andhra Pradesh government launched “Back to School” programme against child labour
Krishna District Collector B.Lakshmikantham Inaugurating a week-long campaign against child labourand
‗Back to School‘programme said all children aged below 14years should be in school under the Right to
Education Act, 2009.Persons having information on child labour could alert the officials by calling ‗100‘or
‗1098‘, the Collector said.
New airport in Kurnool to boost business, employement opportunities: Chandrababu Naidu
In Andhra Pradesh, Chief Minister N Chandrababu Naidu has said that with the construction of new airport in
Kurnool district, many industries will come up and thus enhance the growth in business and more employment
opportunities. He laid the foundation stone of the Greenfield Airport at Orvakal. The airport will be constructed
in 2,000 acres land at a cost of 120 crore rupees with international standards.
9.5 lakh children to be given Measles-Rubella vaccine in Andhra Pradesh
The Medical and HealthAuthorities of Krishna districthave kept ready 10.5 lakhdoses of Measles-
Rubellavaccine in what is being seenas the biggest vaccine-byinjectioncampaign in thehistory of the country.
Asmany as 9.5 lakh children willbe administered the MRvaccine in 8,166 sessions.
Tirupathi and Vijaywada Airport in Andhra Pradesh going to be green airport
As a part of Government of India‘s initiative to develop green airports, two airports in Andhra Pradesh-
Tirupati and Vijayawada are going to go completely green. AAI has commenced installation of 1MWp solar
power plant at Tirupathi and Vijaywada Airports. It has also completed installation of solar power plants at 29
airports/locations with a total capacity of 12.84 MWp.
Vizag‟s Rayichapalu declared one of the rarest fish in world
Vizag‘sRayichapalu is declared one of the rarest fish in the world by researchers from the Marine Living
Resources Department of Andhra University.The tiny, colourful fish, called ‗Ranguchapulu‘ or ‗Rayichapalu‘
by the fisherfolk, will have the scientific name ‗PseudathiasVizagensis‘, after the city where it was first
discovered.
Andhra Pradesh CM Chandra babuNaidu announced scheme forbrides of poor families
Andhra Pradesh ChiefMinister N. ChandrababuNaidu announcedthe launch of PelliKanuka(marriage gift), a
schemeaimed at helping families ofbrides belonging to the poorand disadvantaged sectionsof society.
Andhra Pradesh CM Chandrababu Naidu declared the year of 2017 as e-Pragati year
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
6
Andhra Pradesh Chief Minister N. Chandrababu Naidu declared the year of 2017 as e-Pragati year. The
flagship program will help the government to make real-time governance.The Chief Minister also inaugurated
the Andhra Pradesh Sports Policy 2017.
Chandrababu Naidu Launches 'Swachh Andhra Mission'
Andhra Pradesh Chief Minister Chandrababu Naidu launched Swachh Andhra Mission on the occasion of
Gandhi Jayanti. Ace shuttler PV Sindhu has been chosen as the brand ambassador of Swachh Andhra.
Arunachal Pradesh
Capital – Itanagar; CM – Pema Khandu; Governor – B. D. Mishra
Delhi-based NGO to help Arunachal Pradesh to build toilets
Arunachal Pradesh has collaborated with a Delhi based NGO for construction of toilets at Hong village in Ziro.
State PHE Minister Bamang Felix visited Sulabh International in Delhi in this connection, officials said.
Kiren Rijijuhas inaugurated the Research Institution of World Ancient, Traditional, Culture& Heritage
(RIWATCH) Museum at Roing in Arunachal Pradesh
Union Minister of State for Home Kiren Rijijuhas inaugurated the Research Institution of World Ancient,
Traditional, Culture& Heritage (RIWATCH) Museum at Roing in Arunachal Pradesh. Later, on the sideline of
his visit to Roing, Rijiju also inaugurated the 235-meter longChimari Bridge, which would serve as a life line
between the National Highway 52 of Roing-Tezu.
Useful Info
Union Minister of state for Home – KirenRijiju
Constituency – Arunachal West
Centre releases advance grant-in-aid of Rs.51.30 crore to Arunachal Pradesh
The Centre has released advance grant-in-aid of Rs 51.30 crore to Arunachal Pradesh for rescue and relief
operations on account of flash floods.
Due to heavy rains and floods in North East, department of expenditure in the Ministry of Finance has released
Rs 51.30 crore as grant-in-aid to Arunachal Pradesh on the basis of recommendation of the 14th Finance
Commission for relief necessitated by natural calamities to the state.
Assam
State – Assam; Capital – Dispur; CM – SarbanandaSonowal;
Governor – Jagdish Mukhi
Assam government has decided to distribute 13 lakh Soil Health Cards among farmers
Assam government has decided to distribute 13 lakh Soil Health Cards among farmers. About 1 lakh 41
thousand cards have already been distributed between April 2016 and June 2017.Agriculture minister Atul
Bora has mentioned that 214 soil test kits are operational for this purpose and that the government would soon
be announcing a State Agriculture policy.
Centre has declared entire Assam as a “disturbed” area under the controversial Armed Forces (Special
Powers) Act (AFSPA) for one more month
Centre has declared entire Assam as a ―disturbed” area under the controversial Armed Forces (Special
Powers) Act(AFSPA) for one more month, citing various violent activities by insurgent groups ULFA, NDFB,
and others.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
7
The Union home ministry also declared Meghalaya‟s border areas adjoining Assam, and three districts in
Arunachal Pradesh as ―disturbed‖ under the AFSPA for two more months with effect from August 03rd,
2017.
Assam forest dept deploys excavators to evict illegal encroachers from Amchang Wildlife Sanctuary
Assam forest department deployed around 10000 security and State Disaster Response Force (SDRF)
personnel, 20 elephants and 20 excavators to evict 1400 families that have been encroaching
upon Amchang Wildlife Sanctuary on the northeastern fringe of Guwahati. The sanctuary is spread over
78.64 sq km.
Assam govt sets up DBT cell for implementation of Direct Benefit Transfer scheme
In Assam, the state govt. has set up a Direct Benefit Transfer (DBT) Cell for implementation of DBT
across schemes in the Country. It helps in coordinating efforts at the State Level in taking the DBT initiative
forward with immediate effect.It will closely monitor & evaluate the progress of various Departments on
DBT related indicators.
Assam CM Sarbananda Sonowal inaugurates MODI Fest in Tripura
Making of Developed India (MODI) Fest, was launched in Tripura for highlighting the flagship schemes,
initiatives, policies and achievements of NDA Government on completion of its 3 years. The three day Expo
has begun at Santirbazar School Ground in Santirbazar Sub-division of South Tripura district. The Programme
was inaugurated by the Chief Minister of Assam Sarbananda Sonowal.
Country‟s First ITI for Divyangans in Assam
Foundation stone for the first ever Industrial Training Institute for the Divyangans exclusively was laid at
Dibrugarh ITI Complex at Borboruah, Dibrugarh by Assam Chief Minister Sarbananda Sonowal. As per
the guidelines of National Council for Vocational Training, the ITI will have sixty seats for three different
trades with 20 seats per trade. The three different trades included in the curriculum are Computer Operator
and Programming Assistant, Cutting and Sewing Technology and Hair & Skin Care.
ISRO to Set up Research Centre in Guwahati
The Indian Space Research Organization (ISRO) will set up a research centre in Guwahati, Assam for start
ups, academicians, environmentalists and entrepreneurs. ISRO would set up the exclusive research facility in
Assam to explore the possibility of using geospatial technology, which include data generated through global
positioning system (GPS), geographical information systems (GIS) and satellite remote sensing for
expediting the development of Assam.
Useful Info
ISRO headquarters - Bengaluru, Karnataka
Chairman of ISRO - A. S. Kiran Kumar
Bihar
Capital – Patna; CM – Nitish Kumar; Governor – Satya Pal Malik
Bihar Chief Minister Nitish Kumar opened two road bridges over the Ganga
Bihar Chief Minister Nitish Kumar dedicated two road bridges over the Ganga to the people of the State. At a
function in the State capital attended among others by RJD supremo Lalu Prasad and others, Nitish Kumar
dedicated the two bridges, Sonepur-Digha and Ara- Chapra. The two bridges will go along way in
improving road connectively between south and north Bihar.
Ram Nath Kovind resigned from the post of governor of Bihar
Bihar Governor Ram Nath Kovind has resigned from his gubernatorial post. The resignation follows his
nomination as the ruling NDA‘s presidential candidate. President Pranab Mukherjee has accepted the
resignation of Kovind as the Governor of Bihar. West Bengal Governor Keshari Nath Tripathi will discharge
the functions of the Governor of Bihar, in addition to his own duties.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
8
Useful Info
NDA - National Democratic Alliance
First female president of India – Pratibha Devisingh Patil
A model of water conservation in Nalanda district of Bihar selected for National Award
A model of water conservation adopted successfully by the authorities in Nalanda district of south-central
Bihar, has been selected for the national award for excellence in the Mahatma Gandhi national rural
employment guarantee program (MGNREGP),bytheministryofruraldevelopment.The award for excellence will
be conferred on ‗Project JalSanchay‘, the water conservation model developed in chief minister Nitish Kumar‘s
native district, at a function to be organized at VigyanBhawan in New Delhi on June 19.
Useful Info
State – Bihar
Capital – Patna
CM – Nitish Kumar
Governor - Ram NathKovind
Nitish Kumar takes oath as Chief Minister of Bihar for the 6th time
Less than a day after resigning as Bihar chief minister, Nitish Kumar took oath at Raj Bhawan in Patna as the
head of the government that would include BJP and its allies. Prior to this, the party of Nitish Kumar, JD-(U)
was supported by Mahagathbandhan allies with LaluYadav led RJD. Nitish Kumar took oath as chief minister
of Bihar. Sushil Kumar Modi took oath as deputy chief minister. Ex-Deputy CM of Bihar, TejashwiYadav
meets Bihar governor KeshriNathTripathi in Patna to register protest over Nitish Kumar being invited to form
his government ahead of RJD.
Useful Info
Present Deputy CM - Sushil Kumar Modi
EX – Deputy CM - TejashwiYadav
Bihar CM Nitish Kumar expanded the Cabinet, inducting 27 new ministers
Bihar CM Nitish Kumar expanded the Cabinet, inducting 27new ministers which included 14 JD(U), 12 BJP
and 1 LJPlegislator.
CM Nitish Kumar -Home and Personnel, and Department of Monitoring portfolios.
Deputy CM SushilModi-Finance, Commerce, Forestry, and IT Department.
Krishna NandanVerma-Education Ministry.
Shravan Kumar -Rural Development and Parliamentary Affairs.
Bihar Government announced Compulsory retirement for non-performing teachers and education officials
above 50
The Bihar Government has informed that it has decided to compulsory retirement to the non-performing
teachers, head masters and education department officials above the age of 50 years.The committee is headed
by RK Mahajan. The main aim is to improve results in matriculation and intermediate.
Bihar Chief Minister Nitish Kumar launches mobiletherapy van for elderly
Bihar Chief Minister NitishKumar flaggedoff mobile therapy vanswhichwould provide basic medicalassistance
to elderly people,widows and other sectionwho requires social security.The CM flagged off mobiletherapy vans
to launch―BuniyadiSanjivaniSewa‖.
Bihar govt releases Rs 1935 crore to undertake relief operations in flood affected areas
Bihar government has released Rs 1935 crore to undertake relief operations in flood affected areas of the
state.The decision was taken in the state cabinet which was chaired by Chief Minister Nitish Kumar.
Bihar Cabinet Approves Reservation for „Divyangs‟ in Govt Jobs
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
9
The Bihar Cabinet has approved reservations for persons with disabilities in government jobs and educational
institutions. The cabinet gave its approval during a meeting presided by Chief Minister Nitish Kumar. The
provision has been brought in accordance with the Persons With Disabilities Act, 2016. The cabinet also
approved establishment of a state advisory board for the empowerment of „Divyangjan‟ as envisaged in the
Act.
PM lays Foundation Stone for Infrastructure Projects in Bihar
The Prime Minister Narendra Modi has laid the foundation stone for four sewerage projects under the
Namami Gange programme; and four National Highway projects, at Mokama in Bihar. The total outlay of
these projects is over Rs. 3700 crore. The four sewerage projects include Sewage Treatment Plant at Beur,
Sewerage System with Sewer Network at Beur, Sewage Treatment Plant at Karmalichak and STP and Sewer
Network at Saidpur. These projects together will create new STP capacity of 120 MLD and upgrade the
existing 20 MLD for Beur.
Chhattisgarh
State – Chhattisgarh; Capital – Raipur, Bilaspur (Judiciary); CM – Raman Singh; Governor - Balram Das
Tandon
Chhattisgarh: „Ye India ka time hai‟ event organized at NIT Raipur
‗Ye India ka time hai‘ event was organized at National Institute of Technology, Raipur yesterday evening. The
event was held as per the directives of HRD ministry to mark India's 70 years of independence and 75 years of
the Quit India movement.AIR correspondent reports that On the occasion of ‗Ye India ka time hai event‘,
students of NIT Raipur participated in a brainstorming session on 'New India Manthan' and discussed their
views on ‗what kind of India do they imagine for the year 2022‘.
Goa
State – Goa; Capital – Panaji; CM – Manohar Parrikar; Governor – Mridula Sinha
The Goa Legislative Assembly passed a bill which reclassifies coconut as a `tree'
The Goa Legislative Assembly passed a bill which reclassifies coconut as a `tree', ensuring legal protection
for it. Goa Forward Party, a partner in the ManoharParrikar-led government, had promised to reclassify
coconut.The previous LaxmikantParsekar-led government had changed classification of coconut tree to a
`palm'. The Assembly, on the last day of Monsoon session, passed the Goa, Daman and Diu (Preservation
of) Trees Act, 1984 to regulate felling of coconut trees and reclassify it as a tree.
Goa: CM Parrrikar launches online Public Grievance Redressal System
Goa chief minister ManoharParrrikar launched an online Public Grievance Redressal System at the state
secretariat. It is a single window online portal for citizens to register grievances towards any state government
department.
Vice President Inaugurated 3rd International Conference on Yoga
Vice President M Venkaiah Naidu inaugurated the third International Conference on Yoga in New Delhi.
The theme of this year‟s conference will be „Yoga for Wellness‟ The two-day conference has six technical
sessions and experts will deliberate on the scope of yoga in integrated medicine, and control of cancer,
depression and gynaecological disorders and pain management. Around 500 delegates, including those from 44
countries, will attend the conference.
Useful Info
AYUSH – Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy
Minister for AYUSH – Shripad Yasso Naik
Constituency – North Goa
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
10
Gujarat
Capital – Gandhinagar; CM – Vijay Rupani; Governor – Om Prakash Kohli
Venkaiah Naidu inaugurates „Homes For All‟ property show in Ahmedabad
Union Minister for Urban Development, Housing and Poverty Alleviation Venkaiah Naidu inagurated the
‗Homes For All‘ property show organized by Ahmedabad Municipal corporation and GIHED CREDAI in
Ahmedabad.
On the occasion, Mr. Naidu launched several smart initiatives such as Janmitra Card -‗One Card Many
Services‘, AMC Seva Mobile Application, Amdavad Airport Shuttle Service, Intelligent Transit Management
System among others.
Useful Info
Minister of Urban development, housing and urban poverty allevation, information and broadcasting – M
Venkaiah Naidu
Constituency – Rajasthan (RajyaSabha)
India is set to get its first high-speed rail training center at Gandhinagar, Gujarat
The country is set to get its first high-speed rail training center at Gandhinagar. The center will provide for
advanced training modules on cutting edge technologies. While India‘s first bullet train is proposed to hit the
track in 2023, the training center is supposed to start operating by 2020
Useful Info
Managing director of National High-Speed Rail Corporation – AchalKhare
Ahmedabad city has been declared as a World Heritage City
Ahmedabad city has been declared as a World Heritage City at the 41st session of UNESCO's world heritage
committee being held at Krakow in Poland. Nomination of Ahmedabad was supported by close to 20 countries,
including Turkey, Lebanon, Tunisia, Portugal, Peru and Kazakhstan. The walled city has 26 ASI-protected
structures, hundreds of 'polls' that capture the essence of community living and numerous sites associated with
Mahatma Gandhi who lived here from 1915 to 1930. Now, Ahmedabad will join the world heritage cities like
Paris, Cairo and Edinburgh. Out of total 287 world heritage cities across the globe, there were only two cities in
the Indian subcontinent- Bhaktpur in Nepal and Galle in Sri Lanka. The UNESCO tag will add immense value
to Ahmedabad city which will also boost tourism.
Useful Info
UNESCO - United Nations Educational, Scientific and Cultural Organization
HQ – Paris, France
Director-general - Irina Bokova
Gujarat First State to Implement Coal Utilisation Between Power Units
The Gujarat government has issued a tender for power developers to receive cheap coal marked for the
state in return for selling coal-based power at less than Rs 2.82 a unit.Through the auction, Gujarat will
transfer the coal allocated to power generating stations owned by Gujarat State Electricity Corporation
(GSECL) to more fuel-efficient private power plants. The aim is to reduce the cost of fuel for financially
ailing distribution companies and ensure effective distribution of domestic coal.
Ram Nath Kovind laid the foundation stone of the second phase of SAUNI Yojana
President Ram NathKovindlaid the foundation stone of the second phase of link IV pipeline canal of
Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat.The Scheme aimed to fill up
about 115 dams by the overflowing waters of SardarSarovar Dam on Narmada River. The entire project will
benefit more than 2 lakh acres of farm land and more than 900 villages of 7 districts of Saurashtra.The
first phases of link I, II, and III of the SAUNI Project have been inaugurated by Prime Minister NarendraModi.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
11
The project is aimed at bringing the waters of Narmada River to the reservoirs of parched Saurashtra region.
President Kovind was on a two- day visit to Gujarat.
Gujarat government launches „Gyankunj Project „in schools
Gujarat CM Vijay Rupani has launched “Gyakunj e-class project” from Shahpur primary school in
GandhinagarUnder this initiative, interactive e-class will be launched with smart board. In the first phase,
550 schools will be covered under the ‗Gyankunj Project‘ and gradually standard 5th to 9th of every schools of
the state will cover under the project. ‟Gyankunj Project‟ covers under total worth of Rs. 35.85 crore.
The objective of the project is to produce world-class students. The project is launched at expenditure of Rs.
222,000/- per school.
India‟s First Lithium-Ion Battery Unit in Gujarat
Suzuki Motor will invest more thanRs 1,150 crorealong with Japanese partners Toshiba and Denso to set up
India's first lithium-ion battery facility in Gujarat.The announcement by the parent of the country's largest
carmaker, Maruti Suzuki is a major boost to the government's ambitious vehicle electrification and Make in
India initiatives. In the battery venture, Suzuki will hold half the stake, while Toshiba will own 40% and Denso
the remaining 10%.
Japan PM Shinzo Abe in Ahmedabad for India-Japan Annual Summit
Prime Minister NarendraModi received his Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr.
Abe is in India on a two-day visit to attend the India-Japan annual summit meeting.The 12th edition of the
summit will be held in Gandhinagar, Gujarat. The two leaders will review the recent progress in the
multifaceted co-operation between India and Japan under the framework of their „Special Strategic and
Global Partnership‟. They will also attend a function to mark the commencement of work of India‟s first
high-speed rail project between Ahmedabad and Mumbai.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
Shinzo Abe Gujarat Visit: India's First Bullet Train Project Inaugurated
Prime Minister NarendraModi and his Japanese counterpart Shinzo Abe laid the foundation stone of the
508-km long Mumbai-Ahmedabad High-Speed Rail in Ahmedabad. This is the fourth summit meeting
between Modi and Abe.The two leaders visited the Sabarmati Ashram after Abe‘s arrival in Gujarat. The
Japanese Prime Minister is on a two-day visit to Gujarat. He will also attend the 12th Indo-Japan Summit.
PM Modi inaugurates country's biggest dam, SardarSarovar Dam, Called 'Gujarat's Lifeline'
Prime Minister NarendraModi launched the SardarSarovar Dam - the world's second biggest - on the river
Narmada in Gujarat.The 1.2-km-long dam, which is 163 metres deep, will irrigate over 18 lakh hectares in the
state, according to officials; the water from Narmada will flow into over 9,000 villages through a canal
network, SardarSarovar Nigam Limited (SSNL).After inaugurating the dam, PM Modi will head to Sadhu Bet,
an island in the river Narmada where a 182-metre-tall statue of SardarVallabhbhai Patel - called the 'Statue of
Unity'.
Dharmendra Pradhan to host first LPG Panchayat in Gandhinagar
DharmendraPradhan will inaugurate one of the ambitious programmes of the Centre — LPG Panchayat,
aimed at encouraging rural communities to turn to clean fuel.The Centre plans to organise one lakh LPG
Panchayats across the country, where discussions will take place between officials of fuel companies and
villagers on awareness and uses of the LPG. The First LPG Panchayat will be held in Gandhinagar, where
Pradhan will preside over the interaction between women using LPG under the
PradhanMantriUjjawalaYojana (PMUY) and the companies.According to data shared by the oil marketing
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
12
companies, so far three crore connections have been allotted under the PMUY against the target of five crore
by 2019.
Useful Info
Union Minister for Petroleum and Natural Gas - DharmendraPradhan
Constituency – RajyaSabha, Bihar
Kandla Port Renamed as Deendayal Port
The Kandla Port, one of the top 12 major ports in the country, has been renamed as Deendayal Port in the
name of Hindutva icon Pandit Deendayal Upadhyay. Kandla Port, located on the Gulf of Kutch in Gujarat, is
one of the twelve major ports in the country
PM Modi Lays Foundation Stone for Bridge in Dwarka, Gujarat
Prime Minister Narendra Modi laid the foundation stone of a four-lane cable-stayed bridge between Okha
and Beyt Dwarka. The bridge is a link between old and new Dwarka. The 2.32 km bridge, including 900
metres of central double span cable-stayed portion, will be constructed at a cost of Rs. 962.43 crore. The four-
lane 27.20-metre wide bridge will have 2.50 metre wide footpaths on each side. Solar panels installed on the
roof of footpath will produce 1 MW power for street lights on the bridge.
Useful Info
Present Prime Minister of India – Narendra Modi
1st Prime Minister of India – Jawaharlal Nehru
PM Modi lays foundation stone for Bhadbhut Barrage over Narmada River
Prime Minister Narendra Modi laid the foundation stone for Bhadbhut Barrage to be built over Narmada River
in Bharuch Gujarat. Mr Modi also flagged off the Antyodaya Express between Udhna in Surat and Jaynagar in
Bihar. Prime Minister is now addressing a public meeting at Bharuch.
Prime Minister Launched Intensified Mission Indradhanush
Prime Minister Shri Narendra Modi has launched the Intensified Mission Indradhanush (IMI) at
Vadnagar in Gujarat. Through this programme, Government of India aims to reach each and every child under
two years of age and all those pregnant women who have been left uncovered under the routine immunisation
program. IMI is supported by 11 other ministries and departments.
Gujarat Government Announces Garments & Apparel Policy 2017
Gujarat Government has announced the Garments and Apparel Policy-2017, with the aim of creating more
opportunities in the garment sector of Gujarat and to create huge employment opportunities for women through
the apparel industry. This Policy is prepared with an aim to make Gujarat number 1 in textile which produces
more of cotton. The State government will also provide incentives for garment unit owners for generating
employment by providing subsidy in wages. The women workers will get Rs 4,000 subsidy, while their male
counterparts will get Rs 3,500.
Haryana
Capital – Chandigarh; CM – Manohar lal khattar; Governor - Kaptan Singh Solanki
Haryana government to implement health insurance scheme for poor
Haryana government will implement a health insurance scheme in the state to provide free health services to
the poor. The state government will bear the cost of the premium. Chief Minister Manohar Lal said this after
inaugurating a medical college and hospital at Mohri village in Kurukshetra district. He said private
organisations have been invited to establish Ayurveda, Yoga and Naturopathy, Unani, Siddha and
Homoeopathy colleges in the state.
Haryana government announced a hike in the monthly stipend of widows and destitute women
The Haryana government announced a500 rupee increase in the monthly stipend of widows and destitute
women and girls imparting training in tailoring. To purchase raw materials each trainee will get 300 rupee per
month instead of 150 rupee during the training period.
Haryana to set up more centres for women in distress
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
13
To provide support to women affected by violence, whether in a private or a public place, the Haryana
government has decided to set up ‗One Stop Centres‘ (OSCs) in15 more districts under the State‘s golden
jubilee year programme. A sum of over20.61 crore rupees would be spent on the construction of these centres.
Ornamental fish hatchery to be set up in Jhajjar district of Haryana soon
The Haryana government has decided to set up a modern ornamental fish hatchery in Jhajjar district at a cost of
Rs 13.68 crore. ―This will be the first-of-its-kind project in the country,‖ Agriculture and Fisheries minister Om
PrakashDhankar said.
First International Aviation Security seminar organised by National Security Guard in Haryana
The Minister of State for Skill Development & Entrepreneurship (I/C) Shri Rajiv Pratap Rudy attended the first
International Aviation Security Seminar in Manesar Haryana. National Security Guard (NSG) has organized
the seminar, with the aim of bringing all major stakeholders under one roof and facilitate them sharing
views/opinion, discussions, brainstorming with the matters concerning Aviation Security. Shri Rajiv Pratap
Rudy also hoisted the National Flag at NSG Campus, during the National Flag Foundation program. It is the
India's 67th Flagpole and 26th highest Monumental Flagpole.
Useful Info
NSG - National Security Guard
HQ – New Delhi
Current Director General - SudhirPratap Singh
Minister of State for Skill Development & Entrepreneurship (Independent Charge) - Rajiv Pratap Rudy
Constituency – Saran, Bihar
Haryana CM rules out resignation for violence
Haryana chief minister ManoharLal ruled out his resignation for the violence that swept the state after the
conviction of self-styled godmanGurmeet Ram Rahim Singh in two rape cases.
Kerala, Haryana Top Sanitation Survey
According to the survey, almost all rural households in Kerala and Haryana had access to a toilet report. The
survey is released by the Ministry of Drinking Water and Sanitation and was carried out by the Quality
Council of India (QCI).The survey, covering 4626 villages across all States and Union territories, claimed that
62.45% of the households had access to a toilet. Bihar and Uttar Pradesh has least access to toilets compared
to other states.
Useful Info
Minister of Drinking Water and Sanitation – Uma Bharti
Constituency – Jhansi, Uttar Pradesh
Himachal Pradesh
State – Himachal Pradesh; Capital – Shimla; CM – Virbhadra Singh;
Governor – AcharyaDevVrat
Measles, mumps and rubella vaccination campaign launched in Kangra district of Himachal Pradesh
A campaign to protect children from major childhood diseases like measles, mumps and rubella has been
started in Kangra district of Himachal Pradesh.The campaign has been initiated by Dharamshala Municipal
Corporation Mayor RajniVyas. Under the Measles, Mumps, Rubella (MMR) vaccination programme, all
children between the age of nine months to 15 years shall be vaccinated.
Himachal Pradesh, First State to Launch Electric Bus Service in India
The Himachal Pradesh government on launched first-of-its-kind electric bus service in the 51km-long
stretch road between Manali and Rohtang Pass. The bus service was flagged off by State Transport Minister
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
14
GS Bali.The move was made amidst concern over increasing environmental degradation in the Rohtang Pass
area due to plying of diesel taxis. With this initiative, the state has become the first in the world to ply
electric buses at an altitude of 13 thousand feet.
Himachal Pradesh Implements Senior Citizen Health Insurance Scheme
Himachal Pradesh government implemented the Senior Citizen Health Insurance Scheme (SCHIS) to
provide easy access to curative geriatric health care services by way of additional cover. The scheme would
provide top-up coverage of Rs 30,000 per senior citizen to all existing Rashtriya Swasthya Bima Yojna
(RSBY) smart card holders. This would be in addition to the basic coverage of Rs 30,000 in Trust and Society
mode.
Jharkhand
State – Jharkhand; Capital – Ranchi; CM – Raghubar Das; Governor – Draupadi Murmu
SmritiIranihas inaugurated Jharkhand‟s first textiles manufacturing and export unit „Orient Craft Ltd‟
SmritiIranihas inaugurated Jharkhand‟s first textiles manufacturing and export unit „Orient Craft
Ltd‟.Irani will also lay foundation stones of numerous companies under special make in Jharkhand drive,
called “Momentum Jharkhand" in Jamshedpur. The ongoing ceremony, named as ”Second
Groundbreaking Ceremony” foundation stones for 70 companies.
Useful Info
Union minister of Textiles –SmritiIrani
Constituency –Gujarat, RajyaSabha
Jammu & Kashmir
Capital – Srinagar (Summer), Jammu (Winter); CM - Mehbooba Mufti Sayeed;
Governor – Narinder Nath Vohra
Dalai Lama to celebrate 82nd birthday in Leh
Tibetan spiritual leader Dalai Lama will celebrate his 82nd
birthday with the people of Leh in Jammu and
Kashmir, an aide said.―His Holiness will hold long life offering ceremony in Lehon his birthday on July 6. He
will also deliver teachings that day,‖ an official at the Dalai Lama‘s office said.
Useful Info
Country – Tibet
Capital – Lhasa
Currency – Renminbi
Jammu and Kashmir Assembly adopted a resolution to implement the goods and services tax (GST)
Jammu and Kashmir Assembly adopted a resolution to implement the goods and services tax (GST), bringing
the state‘s indirect taxation into the new unified tax regime that the rest of the country adopted on 1 July at a
landmark ceremony in Parliament. With this Jammu and Kashmir has become the last state to pass the GST bill
in the state.
Jammu & Kashmir government launches weekly festival „Cultrue of Cruise' at Dal Lake
The spectacular Dal Lake here hosted first ever 'Cultrue of Cruise', a weeekly cultural programmeorganised by
the Jammu and Kashmir government aimed to bring artists from various fields on one stage. The innovative
programme series brings writers, performance artistes, musicians, poets and academics together and offers a
program of performances, workshops, talks, forums and debates.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
15
Jammu and Kashmir government to set up Eco-Park in Rajouri district
The Jammu and Kashmir government has decided to set up an Eco-Park on over 34 acres of land retrieve
from encroachers in the state‘s Rajouri district.The park is a first-of-its-kind project in the region. It will have
a botanical garden, a cactus garden, a cafeteria and other amenities.
Jammu and Kashmir governor N NVohra inaugurated the second International Yoga Festival
Jammu and Kashmir governor N NVohra inaugurated the second International Yoga Festival and
International Yoga Sports Championship 2017 in which about 300 people from across the world are
participating.The festival is being organized by the Yoga Society of Kashmir at the Sher-i-Kashmir
International Conference Centre. About 300 participants from various parts of India, Vietnam, Taiwan, Canada,
Bulgaria, USA, and Nepal are participating in the festival.
Useful Info
The first International Yoga Festival was held in Uttarakhand
Bilal Dar from Srinagar becomes an ambassador for Swachhata Hi Seva
Bilal Dar, a young boy from Srinagar has become the brand ambassador for Srinagar Municipal
Corporation. Dar has been contributing to the ‗SwachhtaAbhiyan‘ since the age of 12.'Swachhta Hi Sewa‘
campaign has turned out to be monetarily beneficial for residents and scrap buyers/dealers, besides helping in
enhancing preventive measures against vector-borne diseases.
Karnataka
Capital – Bengaluru; CM – Siddaramaiah; Governor – Vajubhai Vala
TrinTrin, the country‟s first smartcard-based public bicycle sharing (PBS) in Mysuru
TrinTrin, the country‘s first smartcard-based public bicycle sharing (PBS) initiative under a six-year20.5
crore rupees plan will be seen all over the city. Mysuru scored over other cities when Karnataka‟s
Directorate of Urban Land Transport (DULT) looked fora candidate for the bike venture.
Bengaluru has become the country's first city to deliver diesel at home
Mypetrolpump, a one-year-old startup, conducted a soft launch with three delivery vehicles -each with a
capacity of 950 litres.
President to inaugurate Green Line of Bengaluru Metro
President Pranab Mukherjee will inaugurate the Green Line of Metro Rail from Mantri Square Sampige Road
Station to Yelachanahalli Metro Station in Bengaluru. The President will also dedicate Phase - 1 of Namma
Metro to the Nation at Banquet Hall, Vidhana Soudha, the State Secretariat.
Useful Info
First President of India - Rajendra Prasad
First Woman President of India – Pratibha Devisingh Patil
13th
President of India - Pranab Mukherjee
Kambala (the traditional slush-track buffalo race) Bill gets presidential assent
The traditional slush-track buffalo race of coastal Karnataka — are cleared with the Prevention of Cruelty to
Animals (Karnataka Amendment) Bill, 2017, finally got the presidential assent.
Useful Info
Kambala – Kambala is an annual Buffalo Race held traditionally under the sponsorship of local land lords and
households, in coastal Karnataka, India.
Karnataka Government constituted a 9-member committee to study the possibility of designing a separate
state flag
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
16
Karnataka Government constituted a 9-member committee to study the possibility of designing a separate state
flag and providing it a statutory standing. This committee was constituted following representation of social
activists from the state urged the government to design a separate flag for Kannada ‗naadu‘ and accord
statutory standing for it. This committee will be headed by Principal Secretary, Department of Kannada and
Culture.
The new flag for Karnataka state has been designed
Karnataka government has recently formed a panel to design a separate flag for the state.
Significance of Design AndColour of Kannada Flag
The official state flag for Karnataka is a longstanding demand of pro-Kannada activists.
The Kannada flag, which is divided into two equal horizontal stripes, a yellow strip for the top half and a
red strip below, could become the official state flag of Karnataka.
This flag was designed by Kannada writer and activist Ma Ramamurthy for a pro-Kannada political party.
The flag's red colour stands for Kumkuma (Vermilion) and the yellow stands for Arrishna (Turmeric),
symbolising auspiciousness and well-being of the state and its people. This flag is unofficially adopted and
is hoisted on the state's formation day every year since 1960s.
Vondaraguppe village in Karnataka's Ramanagara district has transitioned to a completely cashless system
Vondaraguppe village in Karnataka's Ramanagara district has transitioned to a completely cashless system.
Around 350 families, 90% of which are involved in the silk-rearing business, have deposited their cash in
banks and carry their business transactions through cheques. The villagers are using RuPay, an Indian domestic
card scheme, for everyday transactions.
RCEP trade negotiating Committee meeting held in Hyderabad
19th round of the Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee
(TNC) meetings and other related meetings were held in Hyderabad.The Meeting was inaugurated by Rita
Teaotia, Secretary, Department of Commerce, Government of India.
India‟s First Heli-taxi service launched by MoS for Civil Aviation JayanthSinha in Bengaluru
Thumby Aviation, a private helicopter service provider, and Bangalore International Airport Ltd., (BIAL) have
partnered to launch Heli-Taxi service from Bengaluru Airport.Kempegowda International Airport (KIA) is the
first airport and Bengaluru is the first city in the country with such a service.
Useful Info
Union Civil Aviation Minister – Ashok GajapathiRaju
Constituency – Vizianagaram (AP)
Minister of State for Civil Aviation - JayantSinha
Constituency – Hazaribagh, Jharkhand
Karnataka Launches „Indira Canteen‟ in Bengaluru
Indira Canteen‟, aimed at serving food to poor at subsidized rates, was inaugurated in Bengaluru, by
Congress vice president Rahul Gandhi.Rahul Gandhi who had the first breakfast at the canteen in Jayanagar,
said ‗Indira Canteens‘ would serve the migrants who came to Bengaluru with a dream to build something.
Karnataka to give free education to all girls till graduation
Karnataka government has decided to make education free for all girls from Class 1 to graduation level in all
public and aided private schools and colleges, barring only professional institutions, from the next academic
year. ―We expect around 18 lakh students whose parents' income would be less than Rs 10 lakh to opt for this
scheme and are planning to earmark Rs 110 crore," higher education minister BasavarajRayareddi said, hoping
only the poor would avail of the scheme.
Karnataka, 1st Indian State to Approve e-vehicle Policy
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
17
Karnataka is the first state to roll out an Electric Vehicle and Energy Storage Policy that looks not only at
boosting sales of Electrical Vehicles, but also setting up charging infrastructure and special manufacturing
zones.Karnataka is looking to attract investments to the tune of Rs 31,000 crore from companies looking at
R&D and manufacturing of electric vehicles in the state.
Karnataka Government has launched 'Vision-2025' project across the state
Karnataka Government Chief Minister Siddaramaiah has launched 'Vision-2025' project across the state.
It aimed at evolving a draft policy for development of the state in next seven years by seeking the opinion of
the public.Under the project, the government would seek public opinion on how they want their dream state to
be in the next seven years. The CM has also launched the website 'www.navakarnataka2025.in'.
Karnataka Launches mid-day Meals Scheme for Pregnant Women
The Karnataka government launched the Rs. 302-crore Mathru Poorna scheme, aimed at providing free
mid-day meals to pregnant and lactating women in rural areas. The meals, which will be provided in
Anganwadi centres, will include an egg, rice, pulses, vegetables, and milk. This is aimed at reducing child
malnutrition and in turn curb infant mortality.
Kerala
Capital – Thiruvananthapuram; CM – Pinarayi Vijayan; Governor - P Sathasivam
PM Modi to inaugurate Usha school stadium in Kozikode
Prime Minister Narendra Modi will inaugurate Usha school stadium located at Kozikode in Kerala through
video conference. Minister of State for Youth Affairs and Sports Vijay Goel will be present in person to deliver
the presidential address on the occasion.
Useful Info
Pilavullakandi Thekkeparambil Usha (born 27 June 1964), popularly known as P. T. Usha, is a retired
Indian track and field athlete. Currently she runs the Usha School of Athletics at Koyilandy in Kerala.
First phase of Kochi Metro to be inaugurated by PM Modi
Prime Minister Narendra Modi will travel 8 km in the Kochi Metro corridor and, soon after, dedicate the much
awaited first system of mass rapid transport in Kerala tot he country.
Kerala Chief Minister Pinarayi Vijayan inaugurated a cleanliness drive
Kerala Chief Minister Pinarayi Vijayan inaugurated a three day sanitation campaign for controlling the
outbreak of viral fever in the State. The Chief Minister started the campaign by volunteering in the work to
remove garbage in Kannurcity, a residential suburb of Kannur Corporation.
Kerala hosted the fifth edition of South India Writers Ensemble (SIWE)
Kerala hosted the fifth edition of South India Writers Ensemble (SIWE) at Chengannur, a town in Kerala‘s
coastal Alappuzha district. The core theme of the festival this year is ‗tolerance‘. So creative writers,
journalists, theatre and film personalities from across the industry will be seen deliberating on the theme at a
time when the country as a whole is witnessing raging debates over intolerance.
Kochi to Host Coastal Shipping and Inland Water Transportation Summit
Kochi will host the fifth edition of the „Coastal Shipping and Inland Water Transportation Business
Summit 2017‟. The summit will be an initiative to explore the immense potential of coastal shipping and
waterways as well as an effort to build a shared commitment and decipher the role that each stakeholder will
have to play in integrating the coastal and waterways transport infrastructure.Kerala Governor P Sathasivam
will present the India Seatrade Award for Excellence in Coastal Shipping & Inland Water Transportation.
President launches Mata Amritanandamayi Math Project Jeevamritham in Kerala
President Ram Nath Kovind has said, the Nation requires more people who use their knowledge for the
betterment of the nation and society. He was speaking at an event in Amrithapuri in Kollam in Kerala.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
18
President launched 100 crore rupees Mata Amritanandamayi Math Project "Jeevamritham "to provide filtration
system for cleaning drinking water to 5000 villages across India, in kollam district in kerala.
President launches Mata Amritanandamayi Math Project Jeevamritham in Kerala
President Ram Nath Kovind has launched 100 crore rupees Mata Amritanandamayi Math Project
"Jeevamritham "to provide filtration system for cleaning drinking water to 5000 villages across India, in
kollam district in kerala. The President also distributed the certificates to three village out of 12 villages in
the States of Bihar, UP, Tamil Nadu, Madhya Pradesh, Chatisgarh, Uttarakand, Maharashtra and kerala, which
were adopted by the Math, verified as Open Defecation Free by Swatch Bharat Abhiyan.
Madhya Pradesh
Capital – Bhopal; CM - Shivraj Singh Chouhan; Governor - Om Prakash Kohli
Indore become the first city in India to use robot to control unruly traffic
The number one clean city of India - Indore has got another milestone to its name. This commercial capital of
Madhya Pradesh has reportedly become the first city in India where the robot is being used on an experimental
basis to control its ever growing and unruly traffic.
Madhya Pradesh conduct a massive plantation campaign to save the environment and conservation of the
Narmada River
In Madhya Pradesh, a massive plantation campaign was undertaken to save the environment and conservation
of the Narmada river. According to official sources over six crores, saplings were planted in 24 districts of
Narmada basin in just 12 hours. Arrangements were made to record the whole event for the Guinness World
Record. Chief minister Shivraj Singh Chouhan launched the plantation drive at Amarkantak of Anooppur
district. Later he also took part in plantation drives in Jabalpur and Omkareshwar.
India-ASEAN Youth Summit Begins in Bhopal, Madhya Pradesh
TheIndia-ASEAN Youth Summitbegins in Bhopal. The event is being organised by Foreign Ministry, Madhya
Pradesh government and India Foundation. Minister of State for External Affairs General VK Singh, and
Madhya Pradesh CM Shivraj Singh Chouhan inaugurated the five day Summit.The exercise will mark the
25th anniversary of the ASEAN-India dialogue partnership in the ongoing year and also the commemorative
year‘s theme of “Shared Values, Common Destiny”.
Useful Info
Minister of State for External Affairs - General Vijay Kumar Singh
Constituency – Ghaziabad, Uttar Pradesh
Madhya Pradesh has won the „Best Tourism State‟ national award for the third consecutive year
Madhya Pradesh has won the „Best Tourism State‟ national award for the third consecutive year. President
Ram NathKovind handed over the award, named as „Hall of Fame Award‟, to Minister of State for Tourism
SurendraPatwa at a ceremony held at VigyanBhawan in New Delhi.The state bagged total 10 awards in this
programme, organised on the occasion of World Tourism Day (27 September). Madhya Pradesh also
received a national award for Film Promotion Policy in the category of Best Film Promotion Friendly
State/Union Territory.
Maharashtra
Capital – Mumbai; CM – Devendra Fadnavis; Governor - C. Vidyasagar Rao
India's first 150 kWp canal top solar PV System Mouda Thermal Power Project, near Nagpur in
Maharashtra
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
19
State-run power giant National Thermal Power Corporation (NTPC) has energized India's first 150 kWp canal
top solar PV System on cooling water (CW) channel inside power station premises at its 2,320 MW, Mouda
Thermal Power Project, near Nagpur in Maharashtra.
Mumbai Chhatrapati Shivaji Terminus is turned into “Chhatrapati Shivaji Maharaj”
Mumbai‘s iconic ChhatrapatiShivaji Terminus railway station has been rechristened with addition of an
honorific ‗Maharaj‘ after ‗Shivaji‘ to its earlier name. The British-era landmark was called Victoria Terminus
before it was named after the Maratha warrior king in1996. The Central Railway (CR) issued a notification to
this effect on June 27.
Maharashtra, first state in the country to launch free injectable contraceptive for women
Maharashtra has become the first state in the country to provide women an injectable contraceptive for free.
The state‘s public health department launched a program called Antara to offer women an injection of Medroxy
progesterone acetate (MPA), a birth-control hormone. The announcements were made on the occasion of
World Population Day (11th July). According to state health officials, the injection, a safe means of birth
control, is effective for three months. The injection will be given intramuscularly to women in the age bracket
of 18-45 years.
Maharashtra has become the first state to make social boycott
Maharashtra has become the first state to make social boycott a crime after President Pranab Mukherjee cleared
the legislation. The Maharashtra Prohibition of People from Social Boycott (Prevention Prohibition and
Redressal) Act prescribes a maximum punishment of three years in jail and a fine of Rs1lakh. It aims to prevent
atrocities carried out by extra-judicial courts and caste panchayats. The Act also provides for compensation to
victims. The fines imposed on violators will be used to compensate them.
Maharashtra government has launched a medical insurance scheme up to 10 lakh rupees
The Maharashtra government has launched a scheme to cover medical insurance of up to Rs10 lakh for
legislators and their families. This scheme is aimed at curbing the use of fake bills in the medical
reimbursement scheme the legislators were covered under earlier.
The Maharashtra government has approved a revised policy of the 'MajhiKanya Bhagya shree' scheme
The Maharashtra government has approved a revised policy of the 'MajhiKanyaBhagyashree' scheme,
according to which families who have a yearly income of uptoRs 7.5 lakh will be benefited. The scheme was
launched by the state government on April 1, 2016 in place of 'Sukanya' scheme. It is aimed at improving the
skewed girl child ratio, prevent sex determination and female foeticide, and support female education.
Maharashtra government has lifted the ban on the sale of paan masala
The Maharashtra government has lifted the ban on the sale of paan masala until a single-member committee
decides on the matter. Maharashtra had banned paan masala in 2014.
Maharashtra government announced no intergrated coaching from next academic year
Maharashtra government announced that integrated coaching will not be allowed in the state from the next
academic year. It will be compulsory to attend college lectures and attendance will be marked through bio-
metric system. Integrated coaching is an arrangement between colleges and coaching centres, in which students
don't need to attend college lectures.
C. Vidyasagar Raoand Devendra Fadnavis has released the book „Mann Ki Baat – A Social Revolution on
Radio‟ at Raj Bhavan
C. Vidyasagar Raoand Chief Minister of Maharashtra Devendra Fadnavis has released the book ‗Mann Ki Baat
– A Social Revolution on Radio‘ at Raj Bhavanin Mumbai The book includes transcripts of the first 23
episodes of Prime Minister‘s monthly address on radio ‗Mann Ki Baat‘. This book will enable citizens to read
and understand Prime Minister Narendra Modi‘s vision and his ideas of development.
Matunga railway station in Mumbai becomes India's first railway station run by women
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
20
Central Railway has taken a step towards women empowerment by appointing an all-female work staff at the
suburban Matunga station, Mumbai. Matunga station has now become the first such ladies special station.
According to the official, women have been manning this station, which falls on the Central Railway, since the
past two weeks. A total of 30 women staffers, including 11 booking clerks, five RPF personnel, seven ticket
checkers are working under the supervision of station manager MamtaKulkarni.
Useful Info
Central Railway Headquarters –Mumbai CST
Mumbai Metro announced the launch of India's first Mobile Ticketing System 'OnGo'
Mumbai Metro announced the launch of India's first Mobile Ticketing System 'OnGo' which will help
commuters pass the AFC gates using their mobile phones. Commuters will be able to generate a QR Code
through 'OnGo' service for current or future journeys up to a week in advance by clicking the mobile app
wherein they would pay for their journey.
Useful Info
Mumbai Metro is a consortium formed by Reliance Infrastructure Ltd, MMRDA and Veolia Transport SA,
France.
Mrs. AshwiniBhide is the present Managing Director of Mumbai Metro Rail Corporation.
Mumbai railway is going to introduce a software to book tickets through USSD
The Mumbai railway is going to introduce a software which will help commuters book tickets through
Unstructured Supplementary Service Data (USSD) codes. The software will make use of SMS services, which
will allow commuters without smart phones to book tickets.
Maharashtra Government has launched two online portals MahaDBT and MahaVASTU to streamline the
process of direct benefit transfer (DBT)
Maharashtra Government has launched two online portals MahaDBT and MahaVASTU to streamline the
process of direct benefit transfer (DBT) and to bring in more transparency in construction sector. MahaDBT
portal: It is an Aadhaar-authenticated electronic mechanism that will enable direct transfer of benefits for over
40 schemes currently implemented. MahaVASTU portal: It is an online building permission management
system, through which construction approvals will be sanctioned with full transparency.
Maharashtra government dedicated 10 motorbike ambulances
The Maharashtra government dedicated 10 motorbike ambulances equipped with primary facilities to provide
swift assistance to patients, as part of a pilot project. This will work as an emergency first responder medical
service, which will be available through 108 free helpline and have teams of paramedics who will stabilise the
patient until the four-wheeler ambulance arrives.
2030WRG will help the Maharashtra Government raise $270 million from the Green Climate Fund
The 2030 Water Resources Group (2030WRG) will help the Maharashtra Government raise $270 million
from the Green Climate Fund, which will be invested in integrated watershed programmes such as
JalyuktShivarYojana.The Green Climate Fund (GCF) is a new fund under the UN and is guided by the
principles and provisions of the UN Framework Convention on Climate Change. The 2030WRG is hosted by
the International Finance Corporation and is a public-private-civil society collaboration for water resources
reform in developing economies. Its ultimate aim is to close the gap between water demand and supply by the
year 2030.
India‟s leading FMCG Britannia to set up largest plant in Maharashtra
India‘s leading FMCG Britannia Industries would set up its largest plant in Maharashtra in a food park
at Ranjangaon. The company was also planning to set up a diary project at the food park with a capacity of
seven lakh litres per day.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
21
Britannia HQ – Bengaluru
CEO - Varun Berry
Maharashtra CM DevendraFadnavis launched “NamoYuvaRojgar Kendra” an initiative providing job
opportunities to unemployed youth
Maharashtra Chief Minister DevendraFadnavis launched NamoYuvaRojgar Kendra an initiative
providing job opportunities to unemployed youth in Mumbai. There are various schemes like farmers
weekly market, farmers mobile market and mother‟s Tiffin, under this YuvaRojgar Kendra.These
products will be made available with the help of mobile vans all over Mumbai and the information about the
location of the vans is made available through an app. This app was also launched by the Chief Minister.
India‟s first World Peace University inaugurated in MIT, Pune
Chief Minister DevendraFadnavis has inaugurated Dr.VishwanathKarad MIT World Peace University
(MITWPU).MIT World Peace University is an entirely new concept and a model for moulding global
citizens.The inauguration ceremony was held at the Swami Vivekananda Mandap at the MIT World Peace
University‟s Kothrud Campus.
Sachin Tendulkar Launches Mission 24
Former Indian cricketer Sachin Tendulkarlaunched -Mission 24 for Mumbai's M east ward which is
known to have one of highest slum population's in the city. The project by NGO Apnalaya and Mumbai
first plans to work along with the BMC -as the principal stakeholder over the next 24 months to improve the
quality of lives of people living in M east ward of Mumbai.
President Ramnath Kovind inaugurates Shirdi airport in Maharashtra
President Ramnath Kovind inaugurated the Shirdi airport in Ahmednagar district of Maharashtra. The
President also flagged off the inaugural flight of Alliance Air from Shirdi to Mumbai. The flight will take
around 45 minutes. Besides Alliance Air, two other Airlines will be operating flights between Mumbai and
Shirdi. The airport will initially have four flights to Mumbai and one each from Delhi and Hyderabad. After
inauguration, the President said, this infrastructure development will create new employment opportunities.
President also inaugurated the Centenary Celebrations of Samadhi of Shri Saibaba at the famous Sai
Mandir at Shirdi. The President also attended a function in Mumbai where Urban Maharashtra was declared
as open defecation free.
Maharashtra Launched Web Portal with Information on New Government Schemes
Chief minister Devendra Fadnavis launched „MahaLabharthi„ web portal that will help people get
information about all the government schemes that they are eligible for. The government is now working to
connect the web portal with other websites, to allow people to apply for the welfare schemes. The web portal,
https://www.mahalabharthi.in, works on the basis of personal, educational and professional information
provided by a person while registering on it.
Manipur
Capital – Imphal; CM – Nongthombam Biren Singh; Governor - Najma A. Heptulla
Manipur Assembly clears GST Bill
The Manipur Assembly passed the Manipur Goods and Sales Tax Bill,2017.Finance Minister Yumnam
Joykumar said the Bill would ensure price uniformity and would not lead to an increasein prices.
LS Speaker SumitraMahajan inaugurates 16th NERCPA Conference at Imphal
Lok Sabha Speaker Sumitra Mahajan inaugurated the 16th North East Region Commonwealth Parliamentary
Association Conference in Imphal. The theme of the two-day conference is "North East and Look East Policy."
Nungthaang Tampak becomes North East‟s first 100 % computer literate village
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
22
Manipur‟s Nungthaang Tampak village has emerged as the „100% computer literate‟ in the entire North
East. The villagers were taught how to surf, compose text, save them, photoshop, send e-mail, store data
and get print outs, etc. The village, about 65 kms south of Imphal, is located in Saikot Assembly constituency
of Churachandur district.
Useful Info
Nungthang Tampak has become India‘s second 100% computer literate village in India.
Kerala‘s Chamravattom village is the country‘s first 100% computer literate village.
Meghalaya
Capital – Shillong; CM – Mukul Sangma; Governor - Ganga Prasad
Meghalaya CM Mukul Sangma launches LIFE program at Songsak
Meghalaya Chief Minister MukulSangma has recently launched an ambitious flagship program titled
―Livelihood Intervention and Facilitation of Entrepreneurship‖ (LIFE) at Songsak. LIFE will focus on capacity
building, Under the program, every 10 SHGs (Self-Help Groups) will be motivated to act like a bank and help
each other. LIFE aims to bring all the poor and vulnerable women into the SHGs movement.
Mukul Sangma launched „Mission Football‟ at a grand ceremony at JN Sports Complex, Shillong
Meghalaya Chief Minister Dr. MukulSangmalaunched ‗Mission Football‘ at a grand ceremony at JN Sports
Complex, Shillong recently. During the occasion, Dr. MukulSangma stated that through this mission the future
of Meghalaya can be foreseen when the State will be connected with the rest of the world because of the love
and passion for the game. Mission Football is an initiative to help develop skills of football enthusiasts and
develop young footballers for the country. It is a dedicated program for talent identification and nurturing of
talents to develop national and international players.
Nagaland
Capital – Kohima; NewCM – TR Zeliang; Governor - PB Acharya
TR Zelianghas been appointed as the Chief Minister of Nagaland by Governor PB Acharya
TR Zelianghas been appointed as the Chief Minister of Nagaland by Governor PB Acharya. This will be the
second term for Zeliang, his earlier term was from 2014 to 2017. Zeliang's appointment came after Nagaland
Chief Minister ShurhozelieLiezietsu and nine ruling Naga People‘s Front (NPF) legislators failed to appear for
the floor test. Zeliang was asked to prove his majority on the floor of the House on or before 22 July 2017.
Zeliang claims the support of 43 MLAs including seven independents.
Nagaland to implement DBT under MGNREGA
Nagaland will start implementing Direct Benefit Transfer (DBT) under MGNREGA beginning from the
current financial year.Secretary of Rural Development KeleiZeliang said, to ensure transparency and check
corruption at all levels, wages of the MGNREGA workers will be directly credited to the individual accounts of
the jobcardholders through National Electronic Fund Management System or Public Financial Management
System.
New Delhi
Union Territory – New Delhi; CM – Arvind Kejriwal; Governor – Anil Baijal
Delhi Police will be the first state police in India who will get „super cop belt'
National capital police the first state police in India who will get ‗super cop belt', a specially designed belt,
widely used by Police in UK, USA, Russia and para-military forces like CRPF, CISF, NSG etc. This belt will
help cops to keep things like Gun, Mobile Pouch, Security Batten, Wireless Set Pouch & ammunition pouch.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
23
Delhi Metro is the first Metro system to become completely green in the world
Delhi Metro is the first Metro system to become completely green in the world. The Delhi Metro Rail
Corporation (DMRC) had earlier received the green certificates for its Phase-3 stations, depots, and sub-
stations. Delhi Metro has also secured the platinum rating for adherence to green building norms for its 10
residential colonies from the Indian Green Building Council (IGBC). DMRC has generated new solar power
facilities that produce 2.6 MW across the Metro network. DMRC also announced it is now generating 20
megawatt (MW) of solar power. The DMRC also mentioned ‗SwachhChetna – An Eco Club‘, a joint initiative
of the DMRC and Shri Ram School, Gurugram. It has been initiated to ―encourage school children to
participate in the more environment friendly projects and activities‖. Energy consumption has increased by
700% in the last four decades in the country and this will increase further three times by 2030. It is necessary to
focus on Metro systems and talk of green Metro.
Useful Info
DMRC - Delhi Metro Rail Corporation
HeadquartersofDMRC - New Delhi
Chiefexecutive - Mangu Singh
First Edition of WINGS 2017 – “Sab Uden, Sab Juden”- Expanding Regional Connectivity Hosted in New
Delhi
The First edition of WINGS 2017 – ―Sab Uden, Sab Juden‖- Expanding Regional Connectivity was hosted in
New Delhi by the Ministry of Civil Aviation. The Plenary session was chaired by the Union Minister of Civil
Aviation, Shri P. Ashok GajapathiRaju.
Useful Info
Civil Aviation Minister - P. Ashok GajapathiRaju
Constituency – Vizianagaram, Andhra Pradesh
The Delhi government has decided to construct 582 flats for the economically weaker section
The flats, to be built under the government‘s 'Jahan Jhuggi Wahan Makan' scheme, will come up a few metres
from aslum at Rana Pratap Bagh in south Delhi's Sangam Parkarea. DUSIB will build the flats, which will be
ready inthe next two-three years.
Delhi Assembly passes Minimum Wages (Delhi) Amendment Bill 2017,NetajiSubash Varsity bill
The Delhi Assembly has passed the Minimum Wages (Delhi) Amendment Bill 2017 and the Delhi
NetajiSubhash University of Technology Bill 2017.The Minimum Wages (Delhi) Amendment Bill 2017 seeks
to make the punishment to violators of minimum wages norm stricter.In the amended bill, the penalty for
violation of law had been raised from the existing Rs 500 to Rs 50,000 and minimum imprisonment of 6
months increased to 3 years.
Delhi Police's women safety mobile application 'Himmat' can be access via cab aggregator Uber's
application
Passengers can now access the Delhi Police's women safety mobile application 'Himmat' via cab aggregator
Uber's application while travelling in taxis. This is Delhi Police‘s first partnership with a technology company
to intensify its focus on the safety of women in the city. With this partnership, Himmat will now be accessible
to lakhs of women riders in one go. Uber also aims to act as a force multiplier and expand its access to all of its
women riders.
Useful Info
Uber HQ – San Francisco, California, United States
Founder of UBER - Travis Cordell Kalanick
Vice President Venkaiah Naidu launches National Sports Talent Search Portal in New Delhi
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
24
Vice-President Venkaiah Naidu launched the Sports Ministry‘s much-awaited National Sports Talent Search
Portal at a function in the Indira Gandhi Indoor Stadium in New Delhi.The portal will be available in English
and other regional languages so that any boy or girl can upload his or her achievements from any part of the
country.The portal will also be available as App which can be downloaded on smart phones.
Useful Info
1st Vice President - SarvepalliRadhakrishnan
Present & 13th
Vice President –Venkaiah Naidu
„Rajaswa Gyansangam‟ scheduled to be held at VigyanBhawan in New Delhi
‗Rajaswa Gyansangam‘ is going to be held on 1st and 2nd September, 2017 at Vigyan Bhawan in New Delhi.
The Prime Minister, ShriNarendraModi will inaugurate this two day Conclave on the 1st day of September,
2017. The main reason of this inauguration will be on GST as well as on unearthing black money. The Tax
Officers of the State Governments will also be invited for discussion for the first time on the GST related issues
during the 1st day of the two day Conclave.
Delhi LG Anil Baijal bans dumping of solid waste at Ghazipur
Garbage dumping in Ghazipur has been banned with immediate effect and the landfill site is likely to be
cleared within two years, Lt Governor Anil Baijal's office said. A day after a portion of the waste dump,
estimated to be as high as a 15-storey building, collapsed, killing two persons, Baijal held a meeting to take
stock of the situation.He directed that traffic be diverted on the road adjoining the landfill for proper vehicular
movement."National Highways Authority of India (NHAI) assured the LG that it will begin the process of
lifting, segregating and processing of the solid waste by November 2017, for its use in road construction".
GoM on Composition Scheme holds First Meeting in New Delhi
Within a week of being set up, the group of ministers (GoM) on making the GST composition scheme more
attractive held its first meeting in New Delhi. The 5-member GoM, led by Assam Finance Minister Himanta
Biswa Sarma, has also been tasked to revisit Goods and Services Tax (GST) rates for restaurants. With only
over 15.50 lakh businesses out of 98 lakh registered under the GST regime opting for the composition
scheme, the GST Council decided to set up the GoM to examine ways of making it more attractive.
Useful Info
The GST Council, chaired by Finance Minister Arun Jaitley and consisting of his state counterparts, had on
October 7 constituted the GoM, which will submit its report by the end of November.
Odisha
Capital – Bhubaneshwar; CM – Naveen Patnaik; Governor – S.C.Jamir
Sam Pitroda resigned as technical adviser to the Odisha government
Telecom engineer and inventor Sam Pitroda resigned as technical adviser to the Odisha government. He was
appointed in January.
53 New Projects for 9 Cities Approved in Odisha under the Atal Mission for Rejuvenation and Urban
Transformation (AMRUT)
The state government approved 53 urban projects with a total investment of Rs 538 crore under the Atal
Mission for Rejuvenation and Urban Transformation (AMRUT). Bhubaneswar, Cuttack, Puri, Berhampur,
Rourkela, Sambalpur, Balasore, Bhadrak and Baripada are the nine places where the scheme is being
implemented with fund sharing patter of 50:50 between the Centre and state government.
AMRUT - Providing basic services (e.g. water supply, sewerage, urban transport) to households and build
amenities in cities which will improve the quality of life for all, especially the poor and the disadvantaged.
RathYatra or Chariot Festival started at Puri, odhisa
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
25
In Odisha, the most awaited biggest annual festival of Rath Yatra or Chariot Festival at Puri commences. The
festival honours the Lord Jagannath‘s visit along with his siblings to the temple of Queen Gundicha.
JagannathPuri temple is called ‗YamanikaTirtha‘ where, according to the Hindu beliefs, the power of ‗Yama‘,
the god of death has been nullified in Puri due to the presence of Lord Jagannath.
Odisha develops flood forecasting model for the entire Mahanadi river basin
The Odisha government has developed a real time flood forecasting model for the entire Mahanadi river basin
for better flood control, Chief Minister Naveen Patnaik announced. The model is supported by the State
Climate Change Innovation Programme, Mr.Patnaik said at a function organized by the Department of Water
Resources.
Odisha Chief Minister Naveen Patnaik dedicated to the nation the state's longest bridge and named it after
NetajiSubhas Chandra Bose
Odisha Chief Minister Naveen Patnaik dedicated to the nation the state's longest bridge and named it after
NetajiSubhas Chandra Bose. The 2.88 km bridge over the river Kathajodi will connect the state capital of
Bhubaneswar with Cuttack reducing the distance between the two cities by 12 km. Although the construction
work of the bridge started after Mr. Patnaik laid the foundation in February 2011, the completion missed the
deadline by over three years.
Odisha government signs Expression of Intent (EOI) with IAAF & AFI to establish High Performance
Academy
The Odisha government signed an Expression of Intent (EOI) with the International Association of Athletics
Federations (IAAF) and Athletics Federation of India (AFI) to establish a High-Performance Academy in
Bhubaneswar.
Useful Info
IAAF - International Association of Athletics Federations
HQ – Monaco
President - Sebastian Coe
President Pranab Mukherjee inaugurated the Bicentenary celebration of Paika Rebellion of Odisha
President Pranab Mukherjee inaugurated the Bicentenary celebration of Paika Rebellion of Odishaorganised by
the Union Ministry of Culture in New Delhi. Many scholars, researchers and historians have opined that the
Paika Rebellion of 1817 was India‘s first organised armed rebellion against British Raj.
Useful Info
PranabMukerjee 13th
President of India
Odisha CM inaugurates fourth Govt medical college in koraput
Odisha Chief Minister Naveen Patnaik has inaugurated the SaheedLaxmanNayak Medical College and
Hospital (SLNMCH) in the tribal-dominated district of southern Odisha. The admission process in
SLNMCH is already completed. A total number of 100 students have been admitted to the first year MBBS
course and the classes for the commencement of its first academic session began from the day of inauguration.
Puducherry
Union Territory – Puducherry; CM – V.Narayanasamy; Governor – Kiran Bedi
A three-day annual cultural festival named „Fete de Puducherry‟ begins in Puducherry
A three-day annual cultural festival named „Fete de Puducherry‟ organised by the government of India
begins in Puducherry. The festival is held in association with the South Zone Cultural Centre (Tamil Nadu)
every year to bring to focus the multi-faceted cultural features of various states.The Puducherry government
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
26
has been holding the festival since 1985 as part of celebrating Independence Day and also Liberation Day of
Puducherry (August 16).
Punjab
Capital – Chandigarh; CM – Amarinder Singh, Governor - V. P. Singh Badnore
Punjab and UNODC will join together to wipe out drugs in state
The Punjab government hasdecided to collaborate withthe United Nations Office on Drugs and Crime
(UNODC)as part of its efforts to rootout the drug menace in theState.―A Memorandum of
Understanding(MoU) will be signed between the State‘s Health Department, a SpecialTask Force (STF) andthe
UNODC in the secondweek of June.
UNODC - United Nations Office onDrugs and Crime
HQ – Vienna
Executive Director - Yuri Fedotov
Punjab CM inaugurates civic project pertaining for cleaning of sewage lines
Punjab Chief Minister Amarinder Singh and Local Bodies Minister Navjot Singh Sidhu inaugurated a major
civic project pertaining to cleaning of choked sewerage lines and drains through super suction-cum-jetting
machines at Patiala.
Punjab government starts free mortuary van service
The Punjab government has decided to start a free mortuary van service in the State. All government hospitals
have been directed to provide such vans free of cost.
Free Education For Girls From Nursery To PhD in Punjab
The Punjab Government has announced free education for girls in government schools and colleges from
Nursery to Ph.D. This is the major step towards women empowerment by Punjab CM Captain Amarinder
Singh. Reservation for women in Panchayati Raj Institutions and Urban Local Bodies has already been
increased by the government from 33 per cent to 50 per cent. The CM also announced free Wi-FI for 13,000
primary schools and all 48 government colleges.
Strictly implement ban on sale of tobacco in Punjab announced by CM Captain Amarinder Singh
Punjab Chief Minister Captain Amarinder Singh directed the Health and Family Welfare Department to ensure
strict implementation of the ban on sale of tobacco laced products such as ‗gutkha‘ and ‗paan masala‘ in the
State. The source of manufacture and sale of banned products should be identified and plugged with no delay to
stop the problem from escalating, the CM said, adding he noted the blatant violation of the ban.
Punjab government has recently launched its flagship 'ApniGaddiApnaRozgar' scheme by flagging off over
100 uber MOTO bikes
The Punjab government has recently announced the launch of its flagship 'ApniGaddiApnaRozgar' scheme by
flagging off over 100 uber MOTO bikes. Under the scheme, the state government will be providing
commercial two wheelers and four wheelers to unemployed youth at subsidized rates. The scheme aims to
generate job opportunities for youth and providing better mobile transport in Punjab. Uber target is to create
10,000 entrepreneurial opportunities in one year and 45,000 in next five years.
Useful Info
Uber HQ –California, USA
The Department of Industrial Policy and Promotion (DIPP) to set up India‟s first TISC in Punjab
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry has signed an
Institutional agreement with the Punjab State Council of Science and Technology in New Delhi to establish
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
27
India‘s first Technology and Innovation Support Center (TISC) at Patent Information Centre, Punjab, under the
World Intellectual Property Organization‘s (WIPO) TISC program. The objective of the TISC is to stimulate a
dynamic, vibrant and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and
innovation.
India's first museum on Partition of the Indian subcontinent will open in Amritsar Punjab
India's first museum on Partition of the Indian subcontinent will open this week in Amritsar Punjab, as
India and Pakistan celebrate 70 years as independent nations. The museum will include photographs,
newspaper clippings, donated personal items, and screens showing video interviews with survivors.It will
also have 'The Gallery of Hope', where visitors can scribble messages of love and peace. Tickets are priced
low at Rs10 for Indians and Rs150 for foreigners.
Rajasthan
Capital – Jaipur; CM – Vasundhara Raje; Governor - Kalyan Singh
Rajasthan becomes the first state in the country to fix minimum educational qualification for contesting
cooperative body polls
Rajasthan becomes the first state in the country to fix minimum educational qualification for contesting
cooperative body polls. To this effect, the Rajasthan Government amended the State Cooperative State
Cooperative Societies Rules, 2003. The new rules will benefit around 10,000 cooperative and agricultural
credit societies. For contesting election as members of governing boards of dairy societies, farming societies,
consumer societies, weavers' societies, urban banks, housing construction societies, primary land development
banks, credit societies and cooperative unions, the minimum educational qualifications will range from class 5
to class 8. The primary committee members need to have passed at least class 8. For district level members the
minimum qualification required is class 10, while those interested in being a member of State level committee
will need to be a graduate.
First child-friendly police station coming up at Rajasthan
Rajasthan‘s first ―childfriendly‖ police station will come up shortly in Dholpur, with the provision for
spreading awareness about laws against child labour, child marriage and sexual offences and establishment of a
colourful and attractive child cell.
Modi inaugurated highway and road projects worth Rs15,000crore for the state in Udaipur, Rajasthan
Prime Minister NarendraModi along with Union minister for road transport and highways NitinGadkari
inaugurated highway and road projects worth Rs15,000 crore for the state in Udaipur, Rajasthan.He has also
inaugurated Chambal bridge in Kota. Modi inaugurated 12 national highways projects worth Rs5,610crore
and laid foundation stones for 11 projects worth Rs9,490 crore.
Prime Minister NarendraModi dedicates to nation 11 completed highway projects in Rajasthan
Prime Minister NarendraModi dedicated to the nation 11 completed highway projects in Rajasthan, covering a
total length of about 873 kilometres. During his visit to Udaipur, MrModi also laid the foundation stone of
national highway projects worth around 15,000 crore rupees in the state.
Union Textiles Minister SmritiIrani Inaugurates 'VASTRA' Fair in Jaipur
Union Textiles Minister SmritiIrani and Rajasthan Chief Minister VasundharaRajeinaugurated the 6th
edition of the four-day international textile and apparel fair, 'VASTRA' in Jaipur.FDI in textiles industry
has tripled in 2016-17. Mudra Yojna has benefited the weavers community and their incomes have shown a
tremendous increase within 60 days from the date of loan availed. Skill development has also enhanced the
quality of placements in the textile industry.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
28
Union Textile Minister - SmritiIrani
Constituency – Gujarat, RajyaSabha
Rajasthan Assembly First in India to Call Motions Online
Going digital, the Rajasthan assembly has become the first in India to call attention and adjournment
motions and proposals online from legislators to send them to the state government. Speaker Kailash
Meghwal has inaugurated the new system by sending a call for an attention motion to the state government
with a click of the mouse. The system is expected to save time, labour and use of paper in the functioning of
the assembly, and also help legislators in bringing attention to urgent public issues.
Tamil Nadu
Capital – Chennai; CM – Edappadi K. Palaniswami; Governor – Banwarilal Purohit
NarendraModi inaugurated the former President, Dr. APJ Abdul Kalam‟s memorial at Pei Karumbu in
Rameswaram, Tamil Nadu
Prime Minister NarendraModi inaugurated the former President, Dr. APJ Abdul Kalam‘s memorial at Pei
Karumbu in Rameswaram, Tamil Nadu on the second death anniversary of the former President. MrModi
unveils a statue of Dr. Kalam and hoisted the National flag at the memorial. Mr. Modi will flag
offKalamSandeshVahini, an exhibition bus which will travel across the country and reach RashtrapatiBhavan
on 15th of October, which marks the birth anniversary of the former President. The majestic memorial for the
missile man Dr. APJ Abdul Kalam has been designed and built by the Defence Research and Development
Organization.
Useful Info
Dr. APJ Abdul Kalam – AvulPakirJainulabdeen Abdul Kalam
Born – 15th
October 1931, Rameshwaram, Tamil Nadu
11th President of India from 2002 to 2007
Earlier, another museum in memory of DrKalam was opened in Kerala's Thiruvananthapuram.
Madras High Court directed that National Song VandeMataramshould be sung in all Tamil Nadu
educational institutions
Madras High Court directed that National Song VandeMataramshould be sung in all Tamil Nadu educational
institutions at least once a week. It further mandated all government and private offices sing or play it at least
once a month.
Useful Info
Chief Justice of Madras High Court - Justice Indira Banerjee
Aadi Perukku Festival Celebrated in Tamilnadu
AadiPerukku is celebrated for the birth of the Tamil month of Aadi. This is the beginning of all the festivals
during the festival seasons. The Aadiperukku festival was celebrated with religious fervour in the towns of
Mettur, Poolampattietc situated on the banks of River Cauvery.During the month of Thai and Aadi the sun
changes directions so it is celebrated AadiPerukku festival celebrated in Tamilnadu in that way. The 18th day
of Aadi is observed as ‗Aadiperukku‘, a day of offerings and prayers to the water bodies like rivers and lakes.
'Sankalp Se Siddhi Program' organized in Coimbatore, Tamilnadu by Ministry of Culture
To take forward the initiative of Prime Minister NarendraModi for a New India movement from 2017-2022, a
Sankalp Se Siddhi (Attainment through Resolve) Program was organized at Coimbatore.Minister of
State for Culture and Tourism (Independent Charge), Dr. Mahesh Sharma graced the occasion. The New India
Movement 2017-2022 envisages an India free of Poverty, Corruption, Terrorism, Communalism, Casteism and
Un-cleanliness.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
29
Minister of State for Culture and Tourism (Independent Charge) – Mahesh Sharma
Constituency – Gautam Buddha Nagar, Uttar Pradesh
Meenakshi Sundareswarar Temple has been adjudged best „Swachh Iconic Place‟ in India
The Meenakshi Sundareswarar Temple has been adjudged best ‗Swachh Iconic Place‘ in India. Madurai
District Collector K. Veera Raghava Rao and Corporation Commissioner S. Aneesh Sekhar will receive the
award from Uma Bharati, the Minister for Drinking Water and Sanitation. A total of 63 compact bins have
been placed and four compactor trucks do the rounds around the temple premises. There are 25 e-toilets and 15
water ATMs for tourists to use. There are two road sweepers and battery operated vehicles specifically
purchased to clean this stretch.
Banwarilal Purohit Sworn-in as Governor of Tamil Nadu
Tamil Nadu Governor Banwarilal Purohit was sworn-in by Madras High Court Chief Justice Indira
Banerjee at the Raj Bhavan in Chennai. He entered the Maharashtra Assembly for the first time in 1978 from
the Nagpur east seat. Mr. Purohit was appointed as Governor of Assam State by the President of India on
August 17, 2016.
World‟s Largest Combustion Research Centre Inaugurated at IIT Madras
The world‟s largest combustion research center was inaugurated at the Indian Institute of Technology,
Madras (IIT-M) in Tamil Nadu. The National Centre for Combustion Research and Development (NCCRD)
was inaugurated by NITI Aayog member VK Saraswat. The establishment of the center will give a major boost
to the Indian scientific community and will provide an impetus to research in „Alternative Energy and
Environmental Protection‟ by focusing on effective utilization of combustion as a means of thermochemical
energy conversion.
Useful Info
IIT-M was established in 1959.
Chairman of IIT-M - Pawan Kumar Goenka
Telangana
Capital – Hyderabad; CM - K. Chandrashekar Rao; Governor - E. S. L. Narasimhan
The single-woman pension scheme, launched by Telangana government
Telangana government has recently launched the single-women pensions scheme across the state. Single
women will be given Rs 1,000 per month. It is the first such scheme in India.The government had also
increased the Kalyana Laxmi and Shaadi Mubarak scheme amount from Rs50,116 to Rs75,116.
Wi-Fi hotspots across Hyderabad launched
Hyderabad Mayor B.Rammohan launched the ‗Hyderabad CityWi-Fi Project‘ or ‗Hy-Fi‘ withover 1,000
hotspots where citizens can access Internet free for about half-an-hour. Mr. Rammohan said these hotspots
would be upgraded to 3,000 across different areas of the twin cities.
Telangana to have separate agriculture budget from next year
Telengana will have a separate budget for Agriculture from next year. This was decided after Chief Minister,
K. Chandrasekhar Rao met the Ministers and officials on Agriculture in Hyderabad. He said it has also been
decided to enhance fund for agriculture sector. Mr. Rao said the State will provide training of modern and
scientific methods of farming to increase the farm output. He urged the farmers associations at various levels to
organize cultivators.
Telangana Chief Minister K. ChandrashekharRao to launch massive plantation drive
Telangana Chief Minister K. ChandrashekharRao will formally launch the third phase of the
TelanganakuHaritha haram programme by participating in the plantation of saplings in Karimnagar town. Mr.
Rao will participate in the massive plantation drive along with 10,000 students.
Telangana government launched a special portal called “Janahitha”
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
30
The Telangana government launched a special portal called ―Janahitha‖ to receive complaints from the public.
The programme was inaugurated in Suryapet district on a pilot basis by TelanganaEnergy minister G Jagadish
Reddy. The portal, which has been developed by Telangana‘s IT department, is a single window for all
grievances and their redressal management.
India's first Eco-bridges for the movement of tigers in Telangana
In a first of its kind, Telangana State will have eco-friendly bridges over a canal cutting across the tiger
corridor linking the Tadoba-Andhari Tiger Reserve (TATR) in the Chandrapur district of Maharashtra with the
forests in Telangana'sKumramBheemAsifabad district. The ‗eco-bridges‘ will be constructed at key spots along
the 72 km-long, and at some places over a kilometre wide, right flank canal of the Pranahita barrage in the
Bejjur and Dahegaonmandals.
Useful Info
Tadoba-Andhari Tiger Reserve (TATR) – Maharashtra
Kawal Tiger Reserve is located at Jannarammandal of Mancherial District in Telangana state of India.
There are total 50 Tiger Reserves under the project tiger system in India.
Amazon India has signed a MoU with the Telangana Department of Handloom and Textiles
Amazon India has signed a memorandum of understanding (MoU) with the Telangana Department of
Handloom and Textiles, to educate, train and enable weavers and artisans to directly sell their products to
Amazon customers across the country.According to a statement issued by the e—commerce giant, with over
17,000 handlooms in the state, this association will further help elevate popular handloom products from
clusters such as are Pochampally, Warangal, Gadwal, Narayanpet and Siddipetwhich have a tremendous
potential and demand in urban areas.
Useful Info
Amazon HQ – Seattle, Washington, United States
Telangana CM Chandrasekhar Rao Initiates Rs. 2,000-cr SriramSagar Modernization Project
In an effort to modernize the SriramSagar project and increase the area served, Telangana Chief Minister K.
Chandrasekhar Rao initiated a Rs. 2,000-crore project that seeks to modernize the project. This project on the
Godavari river has the potential to serve several districts in the state. Under the SriramSagar project revival and
restoration initiative, water from the Pranahithariver, which joins the Godavari, will be diverted at Medigadda
and pumped into the SriramSagar project.
Government of Telangana Launched „Smart Streets Lab‟ in Hyderabad
The government of Telangana in association with the World Resources Institute (WRI) India – Ross
Centre and the Indian School of Business (ISB) launched the „Smart Streets Lab‟ program.It is an effort to
apply and figure out technology-based solutions for women and road safety in Hyderabad. Through the
„Smart Streets Lab‟, the state government aims to utilize technological interventions from outside and
integrate them with its various departments.
Amazon opened its largest fulfillment centre in Hyderabad
Amazon opened its largest fulfilmentcentre in India on the outskirts of Hyderabad, near the Rajiv Gandhi
International Airport, Shamshabad. The 400,000 sq feet centre with close of 2.1 million cubic feet of storage
space is the 5th such centre in Telangana. With this, the US major has ramped up its storage capacity to 3.2
million cubic feet in the State alone.The centre will enable sellers to use local infrastructure, save capital and
help them grow their businesses. The centre will work closely with local communities, create numerous
skilling and employment opportunities for thousands of youth. With more than 10,000 sellers in Telangana, the
selection offered by sellers in the State for immediate delivery has grown more than 120 per cent this year as
compared to last year.
First water ATM has been inaugurated in Hyderabad
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
31
The First water ATM has been inaugurated by Telangana State Home Minister N Narasimha Reddy at
Nalgonda X Roads. A total of 200 ATMs will be set up to reach a targeted 150,000 people. In the first phase,
50 water ATMs will be operationalized by 2018.Safe Water Network, an international NGO has partnered with
Greater Hyderabad Municipal Corporation (GHMC) to launch water ATMs. It will provide affordable,
24×7 safe water access in Hyderabad.These water ATMs use a seven step treatment process to purify water that
adheres to national norms.They are connected via cloud-based technology for real-time monitoring and
analyses operational parameters, thereby minimising downtime. The Hyderabad Metropolitan Water Supply
and Sewerage Board (HMWSSB)is supplying raw water for these ATMs.
India's First Centre for Animal Law Set up at NALSAR
India's first Centre for Animal Law has been established at the city-based NALSAR University of Law in
Hyderabad, Telangana. Union Minister for Women and Child Development Maneka Gandhi inaugurated the
centre.HSI-India Managing Director N G Jayasimha has been appointed as the honorary director of the
Centre. The Centre will create curriculum on animal welfare laws, including developing topics for research.
Useful Info
Union Minister for Women and Child Development -Maneka Gandhi
Constituency – Pilibhit (uttarpradesh)
Global Entrepreneurship Summit 2017 to be Held in Hyderabad
A high-level delegation from the Government of India and the United States met NITI Aayog to plan the 2017
Global Entrepreneurship Summit. The summit will be held on November 28-30 at the Hyderabad
International Convention Centre in Hyderabad, India. This year‘s theme is “Women First, Prosperity for
All” to celebrate the entrepreneurial spirit in all its strengths and diversity. The Summit will be inaugurated by
the Prime Minister Shri Narendra Modi and Advisor to the President, Ivanka Trump, who leads the U.S.
delegation.
Tripura
State – Tripura; Capital – Agartala; CM – ManikSarkar; Governor - Tathagata Roy
A new underground water treatment plant has been commissioned at Sadhutilla, Agartala
In Tripura, a new underground water treatment plant has been commissioned at Sadhutilla in the southern
part of Agartala. The plant has fulfilled the need for drinking water free from iron and other contamination.The
plant has started functioning with supply of quality treated water initially to 565 households through pipeline. It
has treatment capacity of 4 point 8 million litre per day. It has two Over Head Storage Reservoirs with
capacities of 1,130 Kilo Liter and 450 Kilo Liter.The specialty of the plant is that it would be treating water at
higher standards with minimizing turbidity and iron in water.The built-up cost of this water treatment plant
was Rs. 4 crore 99 lakh.It has been funded jointly by the Asian Development Bank with 70% share of
assistance and the Union Government with 30 % share of assistance.
Tripura has become the first state in the country to set up family welfare district committees
Tripura has become the first state in the country to set up family welfare district committees to examine
the complaints of women against their husbands and in-laws and find an amicable solution. Tripura High
Court is the first high court among 24 high courts of the country that has constituted the family welfare
district committees. The new system would be valid for the next six months and after that National Legal
Services Authority (NLSA) would submit a report of its performance to the apex court, on the basis of which a
new course of action would be decided.
Uttar Pradesh
Capital – Lucknow; CM – Yogi Adityanath; Governor – Shri Ram Naik
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
32
Yogi Adityanath and Union State Minister Shir Jayanth Sinha inaugurated Mahayogi Gorakhnath Civil
Terminal at Gorakhpur airport
Uttar Pradesh Chief Minister Yogi Adityanath and Union State Minister, Civil Aviation Shir Jayanth Sinha
inaugurated " MahayogiGorakhnath Civil Terminal at Gorakhpur airport.
Useful Info
Minister of state civil aviation – Jayanth Sinha
Constituency – Hazaribagh
Child Rights and You (CRY) report shows UP with maximum child labor
According to the Child Rights and You (CRY) report, over 8 lakh children in India between the age group 5
and 6 years are engaged in child labor. Uttar Pradesh has the highest number of 2,50,672 children engaged in
labor, followed by Bihar with 1,28,087 children and Maharashtra where the number stands at 82,847. The
report has outlined that reach of Integrated Child Development Services (ICDS), is quite limited as it covers
only 50% percent of this population.
UP government banks on informers to curb female foeticide
Uttar Pradesh government has started a scheme under which informers will alert the state authorities about
attempts and incidents of female foeticide. Chief Minister Yogi Adityanath expressed concern over the
declining sex ratio in the state and launched the 'MukhbirYojana' or Informer Scheme aimed at checking the
cases of female foeticide at an event in Lucknow. The Chief Minister also launched 181 Women Helpline and
flagged off 64 rescue vans.
Uttar Pradesh Cabinet decided to name the Mughalsarai municipality as „Deendayal Nagar‟
After proposing to rename the Mughalsarai railwaystation after RSS ideologue Deendayal Upadhyay, the Uttar
Pradesh Cabinet decided to nam ethe Mughalsarai municipalityas ‗Deendayal Nagar‘ The Cabinet took the
decision at a meeting chaired by Chief Minister Yogi Adityanath.
Government clears proposal for setting up new airport in Greater Noida
Government has cleared proposal for setting up a new airport in Jewar in Greater Noida. Briefing media in
New Delhi, Civil Aviation Minister Ashok Gajapathi Raju said, in-principle approval for a green field airport at
Jewar has been granted to cater to the growing flying requirements of National Capital Region. He said they are
expecting 15 to 20 thousand crore rupees of investment.
GST to be part of UP higher education syllabus
The taxation system under GST will soon be part of the commerce and management curriculum in Uttar
Pradesh‘s higher education institutes, Deputy Chief Minister Dinesh Sharma said.
Anti-Copying bill will be introduced by Uttar Pradesh government
The Uttar Pradesh government has decided to introduce an 'Anti-Copying' Bill in the upcoming assembly
session to check for cheating in the state examinations.
UP Power Minister launched free power connection schemes for BPL families
Uttar Pradesh Power Minister Shrikant Sharma launched free power connection schemes for BPL families at
624 places across the state.
Union cabinet has approved to set up ISARC in varansi
The union cabinet has approved the establishment of the International Rice Research Institute (IRRI), South
Asia Regional Center (ISARC) at campus of National Seed Research and Training Center (NSRTC) in
Varanasi.
Useful Info
NSRTC - National Seed Research and Training Center is located at Varanasi
Mughalsarai railway station in UP to be renamed as DeenDayalUpadhyaya (DDU) station
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
33
The Centre recently approved the Adityanath-led UP government‘s proposal to rename the Mughalsarai
railway station after the Jan Sangh leader as DeenDayalUpadhyaya (DDU) station. This comes as the part of
the state government‘s attempt to revive the legacy of Upadhyaya who died in 1968. The UP government in its
proposal pointed to the mysterious death of Upadhyaya at the Mughalsarai station as one of the primary
reasons to rename the station.
Uttar Pradesh Government has launched a new awareness drive called NamamiGangeJagritiYatra
Uttar Pradesh Government has launched a new awareness drive called NamamiGangeJagritiYatra. The
drive will be focusing on cleanliness along the banks of Ganga river and maintain hygiene.The drive will be
covering a total area of around 1,025 kms. It will pass through 108 blocks of 25 districts of UP from Bijnore
to Ballia alongside the Ganga river.
Uttar Pradesh CM Yogi Adityanath launched 'Swachh Uttar Pradesh, Swasth Uttar Pradesh' campaign
Uttar Pradesh CM Yogi Adityanath launched 'Swachh Uttar Pradesh, Swasth Uttar Pradesh' campaign and
swept a street in Gorakhpur under the initiative.
UP government decides to end interview in government jobs
The Uttar Pradesh Government has decided to end the process of holding interview for selection of candidates
for the government jobs in all the non-gazetted posts of Group B, C and D categories.The decision was taken in
a cabinet meeting chaired by Chief Minister Yogi Adityanath.
Rajnath Singh, Yogi Adityanath to flagged off Lucknow Metro
In Uttar Pradesh, The first commercial run of Lucknow metro rail starts. Union Home Minister Rajnath Singh,
Uttar Pradesh Chief Minister Yogi Adityanath and governer Ram Naik will flag off the maiden run of first
phase of Lucknow Metro.The 8.5-km-long 'Priority Corridor' from Transport Nagar to Charbagh, which is part
of the Phase 1 of the project, and has 8 stations in between will be operational for the public from 6 am to 10
pm every day. Cost of this phase is around 2600 crores and it took almost 3 years to complete. People of the
city are so excited to travel in metro that after sell of smart cards started by LMRC last Friday more than 3000
had already purchased them.
Government aims to provide Housing to all by 2022: PM Modi
Prime Minister NarendraModi said the government has decided to give a house to each and every homeless
family by 2022. He was addressing a public meeting at Shahanshahpur in Varanasi district. MrModi distributed
allotment letters to the beneficiaries of PradhanMantriAwasYojana both for rural and urban areas.About 10
thousand beneficiaries were given allotment letters during the function.
Uttarakhand
Capital - Dehradun, Nainital (Judiciary); CM - Trivendra Singh Rawat
Governor - Krishna Kant Paul
Rural Uttarakhand and rural Haryana have declared themselves as the 4th and 5th Open Defecation Free
(ODF) States of India
Under the Swachh Bharat Mission Gramin (SBM-G), rural Uttarakhand and rural Haryana have declared
themselves as the 4th and 5th Open Defecation Free (ODF) States of India, respectively. The two states joined
the league of Sikkim, Himachal Pradesh, and Kerala, which were the first three states to be declared ODF.
Useful Info
The first ODF state of the country – Kerala
Venkaiah Naidu inaugurates newly constructed studio complex of AIR & DDK, Dehradun
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
34
Information and broadcasting Minister M Venkaiah Naidu inaugurated newly constructed studio complex of
All India Radio and Doordarshan Kendra Dehradun. The Minister also launched regional news unit of DD
news and AIR Dehradun Station.
Uttarakhand records second highest tiger count in India
The count of tigers in Uttarakhand shot up to 242 with an increase of 63 big cats in the year 2017. The news
was announced by Trivendra Singh Rawat, Chief Minister of Uttarakhand. In addition, 11 cubs were also found
in the two tiger reserves, the Corbett Tiger Reserve and the Rajaji Tiger Reserve, in the state. Uttarakhand is
the second state in terms of tiger count behind Karnataka, which has 400 big cats. According to the latest
statistics, at least 208 tigers have been identified in Jim Corbett Tiger Reserve, up from last year's 163. Also six
cubs were identified there.
Useful Info
Highest tiger count in India – Karnataka
Jim Corbett National Park is the oldest national park in India. It was established in 1936 as Hailey National
Park to protect the endangered Bengal tiger.
Uttarakhand Chief MinisterTrivendra Singh Rawatflags off run inDhyan Chand‟s memory
Uttarakhand Chief MinisterTrivendra Singh Rawat flagged off a ‗Runfor Uttarakhand‘ here to markthe birth
anniversary of MajorDhyan Chand, saying thehockey legend‘s life was aninspiring example of thevalues of
perseverance andleadership. He also describedthe event as a dry run for the2018 National Games to behosted
by Uttarakhand.
Uttarakhand Government Launched 'Solar Briefcase' to Provide Electricity in Remote Areas
Uttarakhand State Government and a charitable funding agency named Swan Cultural Center and
Foundation launched ‗Solar Briefcase‘ in Kedarnath Dham. The initiative was taken to provide electricity to
far-flung areas in the hill state.
West Bengal
Capital – Kolkata; CM – Mamata Banerjee; Governor – Keshari Nath Tripathi
West Bengal Government's Kanyashree Prakalpa was awarded the first prize in United Nations Public
Service Award for Asia Pacific
Out of 552 initiatives from 62 different countries, West Bengal Government's initiative was chosen the best.
The award was presented at The Hague, Netherlands. Kanyashree Prakalpa is a targeted conditional cash
transfer scheme aimed at retaining girls in schools and other educational and skill development institutions and
preventing child marriage.
BJP legislator leads protest against the famous street food „momos‟
A BJP legislator led a protest rally against popular street food ‗momos‘ and demanded a ban on itssale. Ramesh
Arora, a BJPMLC, who launched the campaign, said that ‗momos‘ were ―more dangerous than alcohol and
psychotropic drugs―.
School students from Lucknow to perform yoga at UN
A group of school students from Lucknow are practising to perform various asanas at the UN headquarters in
New York.A 72-member team of City Montessori School(CMS), Lucknow, will leavefor the US for alive
performance at the United Nations Headquarters on June 21.
Useful Info
United Nation HQ – New York
Secretary General – Antonio Guterres
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
35
The Indian Chamber of Commerce (ICC), in association with the West Bengal government to host global
business meet in November 2017
The Indian Chamber of Commerce (ICC), in association with the West Bengal government, will host Horasis
Asia Meeting, a global business meet, in the city in November. The two-day business meet, starting November
26, will focus on sustainable business practices in various areas, including power and energy.
Useful Info
ICC - Indian Chamber of Commerce
President of ICC – Shashwat Goenka
Rajeev Pratap Rudy & Shivraj Singh Chouhan laid foundation stone of country‟s biggest Global Skill Park
Union Minister of State for Skill Development and Entrepreneurship Rajeev Pratap Rudy and MP Chief
Minister Shivraj Singh Chouhan laid the foundation stone of the country‘s biggest Global Skill Park in Bhopal.
Former Captain of Indian Cricket Team K. Shrikant was present on this occasion.
Useful Info
Minister of state (independent charge) for Skill Development and Entrepreneurship – Rajeev Pratap Rudy
Constituency – Saran Bihar
SriLankan Airlines from Visakhapatnam -Colombo flight launched
The inaugural flight of SriLankan Airlines from Visakhapatnam to Colombo was flagged off by the Union
Minister of Civil Aviation P. Ashok GajapathiRaju at Visakhapatnam International Airport. A total of 103
passengers travelled on the inaugural flight.
Useful Info
Country – Srilanka
Capital - Sri JayawardenepuraKotte (Administrative center), Colombo (Commercial Capital)
Currency – Sri Lankan Rupee
Gobindobhog Rice from Burdwan district of West Bengal Gets Geographical Indication Status
Gobindobhog rice, a speciality from Burdwan district of West Bengal, has got the geographical indication
(GI) status.The state government had applied for GI status for Gobindobhog rice on August 24, 2015. The
region of Burdwan (now divided into the districts of east and west Burdwan) is known as the rice bowl of
Bengal.
India‟s First Advanced Homoeopathy Virology Lab in Kolkata
India‟s first State of art virology laboratory at Dr Anjali Chatterjee Regional Research Institute for
Homoeopathy in Kolkata was inaugurated by ShripadYessoNaik, Union Minister of State for AYUSH.This
laboratory has been established to develop new drugs and technologies in Homoeopathy to combat emerging
challenges of viral diseases. The laboratory, established at a cost of Rs. 8 crore is the only one in India for
conducting basic and fundamental research in Homoeopathy for viral diseases like influenza, Japanese
encephalitis, dengue, chikungunya and swine flu.
MINISTRY AFFAIRS
The Cabinet approved an IPO by the Indian Renewable Energy Development Agency (IREDA)
The Cabinet approved an IPO by the Indian Renewable Energy Development Agency. It approved the issue of
13.9 crore equity shares of rupee 10 each. IREDA is registered as anon-banking financial company.
Useful Info
IPO – Initial public offering
IREDA – Indian Renewable Energy Development Agency
C K Mishra, Secretary (Health and Family Welfare) inaugurated the „Vatsalya – Maatri Amrit Kosh‟
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
36
Shri C K Mishra, Secretary (Health and Family Welfare) inaugurated the „Vatsalya – Maatri Amrit Kosh‟,
a National Human Milk Bank and Lactation Counselling Centre at the Lady Hardinge Medical College
(LHMC) in New Delhi. The Vatsalya – Maatri Amrit Kosh will be the largest milk bank and lactation
counseling center available in the North India. It is established in collaboration with the Norwegian
government, Oslo University and Norway-India Partnership Initiative (NIPI).
Useful Info
Country – Norway
Capital – Oslo
Currency - Norwegian krone
„Skill for Life, Save a Life‟ initiative launched by health minister J P Nadda
J P Nadda has launched 'Skill for Life, Save a Life' initiative to promote skill development in the health
sector. ‗Skills for Life, Save a Life‘ Initiative‘ aims to upscale the quantity and quality of trained professionals
in the healthcare system. Shri Nadda further informed that the curriculum has been designed by National
Institute of Health and Family Welfare (NIHFW) and AIIMS, Delhi.
Useful Info
Cabinet minister for health and family welfares – J P Nadda
Constituency – Himachal Pradesh (Rajya Sabha)
GOI has launched „Tele Law‟ service to provide legal aid for the people living in rural areas through video
conferencing
The government of India has launched ‗Tele Law‘ service to provide legal aid for the people living in rural
areas through video conferencing. The Ministry of Law and Justice partnered with the Ministry of Electronics
and Information Technology to provide legal aid services through its Common Service Centres, CSC at the
panchayat level, spread across the country. The service was launched by IT Minister Ravi Shankar Prasad. In
the first phase, the Tele-Law scheme will be tested as a pilot across 1000 CSCs in Uttar Pradesh and Bihar.
Useful Info
Minister of law and justice, electronics and IT – Ravi Shankar Prasad
Constituency – Bihar (Rajya Sabha)
Yoga awareness drive launched by ministry of AYUSH using attractive mascots
The Central Council for Research in Yoga & Naturopathy (CCRYN) under the Ministry of AYUSH,
Government of India, has initiated a Yoga Awareness Drive through Mascots and Flash Mobs (YogMob) prior
to International Yoga Day (21st June) to increase the popularity of Yoga, especially among the youth. The
campaign is underway at Delhi NCR, Haryana and Lucknow.
Useful Info
Minister of state (independent charge) AYUSH –Shripad Yesso Naik
Constituency – North Goa
Clean Campus, Green Campus, Smart Campus competition for students in colleges and universities
Union Human Resource Development Minister Prakash Javadekar unveiled the Clean Campus, Green
Campus, Smart Campus competition for students in colleges and universities across the country on the
occasion of World Environment Day.―The objective is to make campuses across the country green and
sustainable‖.
The center decided to open passport service center in 800 head Post Office
Making the announcement, Minister of State for External Affairs V. K. Singh said, ―150 post office passport
sevakendras are being opened this year and within two years all the 800 head post offices in all thedistricts
would be in place.‖
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
37
Minister of State for external affairs – V. K. Singh
Constituency – Ghaziabad
Mission Retro-Fitment to enhance the passenger experience has been launched by Railway ministry
To enhance the passenger's experience by upgrading existing fleet of coaches with better furnishing, aesthetics
& amenities and better safety features with a view to provide a safe and comfortable travel, Minister of
Railways Shri Suresh Prabhu (Now Shri Piyush Goyal) has launched MISSION RETRO-FITMENT in Rail
Bhavan, New Delhi.
Useful Info
Union Minister for railways - Shri Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
To reduce child deaths due to diarrhea The Ministry of Health and Family Welfare has launched IDCF
The Ministry of Health and Family Welfare has launched the Intensified Diarrhea Control Fortnight (IDCF) in
order to intensify efforts to reduce child deaths due to diarrhea. It aims to create mass awareness about the most
effective and low-cost diarrhoea treatment, a combination of Oral Rehydration Salt (ORS) solution and Zinc
tablets. Nearly 12 crores under 5-children will be covered during the program across the country.
Useful Info
Minister for health and family welfare – J.P.Nadda
Constituency – Himachal Pradesh, Rajya Sabha
Aadhaar made mandatory for new bank accounts, transactions above Rs.50,000
The Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions
exceeding Rs.50,000. With the amendments to the Prevention of Money Laundering (Maintenance of Records)
Rules, 2005 notified earlier this month, banks will have to demand both Aadhaar and the Permanent Account
Number (PAN) for verification of identity, starting June 1.
Useful Info
UIDAI - Unique Identification Authority of India.
UIDAI Chairperson - J Satyanarayana
Tagline -MeraAadhaar, Meri Pehchan
Pension Fund Regulatory and Development Authority launched digital subscription facility for APY
Pension Fund Regulatory and Development Authority (PFRDA) has now introduced ―APY@eNPS‖ which
involves a complete digital enrolment process. This is the latest in the series of various initiatives taken by
PFRDA for expansion of outreach of Atal Pension Yojana (APY), to give the additional push to cover the as
yet unreached population with greater ease. PFRDA has conducted meetings with Banks and Dept of Post at
Kolkata, Bengaluru & Mumbai respectively for the earliest roll out of the facility call.
Useful Info
PFRDA - Pension Fund Regulatory and Development Authority
HQ – New Delhi
Directorate General of Civil Aviation has suspended the flying license of Air Carnival
The Directorate General of Civil Aviation (DGCA) has suspended the flying licence of Coimbatore-based
carrier Air Carnival, which has not operated a single flight since early April. The DGCA has suspended Air
Operator Permit (AOP) of Air Carnival after it failed to satisfy the regulator in its response to the show-cause
notice.
Useful Info
DGCA -Directorate General of Civil Aviation
HQ – New Delhi
Director General –B.S.Bhullar
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
38
Parent Organisation – Civil Aviation Ministry
Energy Conservation Building Code 2017 has been launched by Piyush Goyal
Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines launched the
Energy Conservation Building Code 2017 (ECBC 2017). Developed by Ministry of Power and Bureau of
Energy Efficiency (BEE), ECBC 2017 prescribes the energy performance standards for new commercial
buildings to be constructed across India.
Useful Info
Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines – Raj Kumar Singh
Rural Development Ministry gives away 144 awards
The Rural Development Ministry has given away 144 awards under various categories to states and other
organisations in a function in New Delhi. Under the 'Pradhan Mantri Gram Sadak Yojana (PMGSY)', Bihar
was awarded for constructing the highest number of rural roads while Madhya Pradesh got the award for use of
non-conventional construction material in constructing roads. The ministry said in a statement in New Delhi
that Haryana, Gujarat and Karnataka received a special prize for completing more than 95 per cent of their
targets.
Useful Info
Minister of Rural development, panchayati raj, drinking water and sanitation – Uma Bharati
Constituency – Jhansi, Uttar Pradesh
Home Secretary & DG ITBP flagged in first Mt Dhaulagiri 1 International Mountaineering Expedition-
2017
Home Secretary Rajiv Mehrishi and DG ITBP, Krishna Chaudhary flagged in the first Mt Dhaulagiri 1
International Mountaineering Expedition-2017.Appreciating the contribution and achievements of Indo Tibetan
Border Police in mountaineering, Mr Mehrishi conveyed his congratulations to the leader and team members of
the expedition. Mt. Dhaulagiri 1 is the 7th highest peak of the world situated in Nepal. ITBP has been primarily
deployed on high altitude Indo-China border on Border Out Posts.
Useful Info
ITBP - Indo-Tibetan Border Police
HQ – New Delhi
Ministry – Home Affairs
Petroleum Minister Dharmendra Pradhan introduced a new oil and gas block licensing policy
The Minister was at the inauguration of the government‘s Open Acreage Licensing Policy (OALP) and the
National Data Repository. The OALP, a part of the government‘s Hydrocarbon Exploration and Licensing
Policy (HELP), gives exploration companies the option to select the exploration blocks on their own, without
having to wait for the formal bid round from the Government.
Useful Info
Minister for Petroleum and Natural Gas –Dharmendra Pradhan
Constituency –Rajya Sabha, Bihar
Sports Minister Vijay Goel sanctioned Rs.200 crore for the development of sports in Jammu & Kashmir:
Sports Minister Vijay Goel sanctioned Rs.200 crore for the development of sports in Jammu & Kashmir, after
meeting state Sports Minister Imran Raza Ansari on june 8th
.
Ansari called for the development of games in the region, which includes the construction of stadiums.
Sports Minister: Vijay Goel
Constituency: Sadar and Chandni Chowk of Delhi
PM Modi to address Chartered Accountants day celebrations of ICAI
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
39
Prime Minister Narendra Modiattend 68th Chartered Accountants Day function and GST event in New Delhi.
Finance Minister Arun Jaitly and Revenue Secretary Hasmukh Adhia will also attend the event. The national
professional accounting body of India, Institute of Chartered Accountants of India - ICAI celebrates its
Foundation Day as the Chartered Accountants‘ Day on 1 July every year. It was established on 1949 as a body
corporate under the Chartered Accountants Act, 1949 enacted by the Parliament to regulate the profession of
Chartered Accountancy in India. ICAI is the second largest professional Accounting and Finance body in the
world in terms of membership.
Indian Railways to introduce new Economy AC coaches soon
New class of 'Economy AC coaches' with fares less than normal 3AC tariff. The proposed fully AC train will
have three-tier Economy AC coaches besides AC-3, AC-2 and AC-1 classes as part of the transformation
exercise. An added feature would be automatic doors.
Useful Info
Minister for Railways – Shri Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
Railways were first introduced to India in 1830s for frieght purposes. First passenger train ran from Bombay to
Thane in 1853. In 1951 the systems were nationalised as one unit, the Indian Railways, becoming one of the
largest networks in the world.
Narendra Modi becomes first Indian PM to visit Israel:
NarendraModi became the first Indian Prime Minister to visit Israel in 70 years. Israeli PM Benjamin
Netanyahu received Modi at the airport, in a departure from the normal practice. Modi's three-day visit aims at
commemorating 25 years of diplomatic ties between the two countries and strengthening cooperation in the
areas of defence, agriculture and science and technology.
Country: Israel
Capital: Jerusalem
Currency: Israeli new shekel
Prime Minister: Benjamin Netanyahu
President: Reuven Rivlin
External Affairs Minister Sushma Swaraj has inaugurated the 9th edition of Delhi Dialogue
External Affairs Minister Sushma Swaraj has inaugurated the 9th edition of Delhi Dialogue. Under this
program, the premier annual track 1.5 event to discuss politico-security, economic and socio-cultural
engagement between India and the Association of Southeast Asian Nations (ASEAN) in Delhi. The theme for
Delhi Dialogue 9 is 'India-ASEAN relations: Charting the Course for the Next 25 Years'.
Useful Info
External Affairs Minister – Sushma Swaraj
Constituency –Vidisha, Madhya Pradesh
ASEAN - Association of Southeast Asian Nations
HQ – Jakarta, Indonesia
Anti-hijacking law comes into effect a notification issued by the Civil Aviation Ministry
The Centre notified the anti-hijacking law that entails capital punishment in case hijacking an aircraft leads to
death of ―any person,‖ including ground staff, flight crew, passengers and security personnel. The Anti-
Hijacking Act, 2016 came into force, a notification issued by the Civil Aviation Ministry said.
Useful Info
Civil Aviation Minister – Ashok Gajapathi Raju
Constituency – Vizianagaram (AP)
The government of India will organize a global food fair in November 2017
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
40
The government of India will organize a global food fair in November this year to provide a platform to Indian
farmers and manufacturers to showcase their products and explore partnerships with foreign companies. The
three-day international level fair 'World Food India 2017' is being organized on November 3-5 by the Food
Processing Ministry, where industry body CII will be an event partner. The World Food India is a step aimed at
creating India a 'Global Food Factory' and 'Global Food Retail Market'.
Useful Info
Minister of Food Processing industries – Harsimrat Kaur Badal
Constituency – Bhatinda (Punjab)
Mother Teresa‟s Blue-Bordered Sari declared an Intellectual Property
The famous blue-bordered sari of Mother Teresa, who has been canonized as Saint Teresa of Calcutta by the
Vatican, has been recognized as an Intellectual Property of the Missionaries of Charity. After a series of strict
legal proceedings, it was granted. This is the first time that a uniform has been made intellectual property. It
has obtained ―distinctive symbolic identity‖ of the Missionaries of Charity.
Useful Info
Mother Teresa
Born - 26 August 1910
Died - 5th September 1997 (at the age of 87)
Ramon Magsaysay Peace Prize - 1962
Nobel Peace Prize - 1979
External Affairs Ministry is going to make its website available in Arabic
Expanding its outreach to the Arab world, External Affairs Ministry is going to make its website available in
Arabic. The portal will include speeches, briefings and other documents of the ministry, and articles written in
Arabic on India and its foreign relations.
Useful Info
Minister of External Affairs – Sushma Swaraj
Constituency – Vidisha (Madhya Pradesh)
After French and Spanish, Arabic will be the third foreign language that will be available on the ministry's
website.
The new name for urban development & housing ministry is Ministry of Housing and Urban Affairs
(MoHUA)
The government has merged the urban development and housing and urban poverty alleviation ministries. Now
this will be known as Ministry of Housing and Urban Affairs (MoHUA). This is third time the ministries have
been merged.
Useful Info
Minister of urban development, housing and urban poverty alleviation - Shri Rao Inderjit Singh
National Green Tribunal banned the use of „Chinese‟ kite strings, made of nylon
The National Green Tribunal banned the use of ‗Chinese‘ kite strings, made of nylon or any synthetic material
on the grounds that it poses threat to life and environment. The Tribunal directed all state governments to
prohibit the ―manufacture, sale, storage, purchase and use‖ of synthetic manja or nylon threads and all other
synthetic strings used for flying kites with immediate effect. A bench headed by NGT Chairperson Justice
Swatanter Kumar ordered the authorities to ban import of any synthetic manja. The judgement came on a plea
filed by animal rights body People for Ethical Treatment of Animals (PETA) and others, contending that
‗manja‘ poses a grave threat to humans and animals as every year a number of deaths are caused by it.
Useful Info
Present Chairperson of NGT - Justice Swatanter Kumar
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
41
AICTE has made it mandatory for engineering students to participate in one of five extracurricular
activities
The All India Council for Technical Education (AICTE) has made it mandatory for engineering students to
participate in one of five extracurricular activities, otherwise they won't be awarded a degree. The activities
include yoga, National Service Scheme (NSS), National Cadet Corps (NCC), Unnat Bharat Abhiyanand sports.
Useful Info
AICTE - All India Council for Technical Education
HQ – New Delhi
Chairperson - Anil Sahasrabudhe
Union Minister Kiren Rijiju to lead Central team to flood-hit States
Union Minister Kiren Rijiju will lead a high-level Central team to assess the rescue and relief operations in the
flood-affected areas of the north-east. During the tour, , the delegation will visit Assam, Arunachal Pradesh and
Manipur, where more than 15 lakh people have been marooned by flood water.
Useful Info
Kiren Rijiju – Minister of state for Home Affairs
Constituency – Arunachal Pradesh West
Railways Ministry launches Rail Cloud Project, NIVARAN-Grievance Portal and CTSE Scheme
Minister of Railways Shri Suresh Prabhakar Prabhu launched the following Initiatives:-
Rail Cloud Project.
NIVARAN-Grievance Portal (First IT Application on Rail Cloud).
Cashless treatment Scheme in Emergency (CTSE) Scheme.
About the Schemes in Brief-
Rail Cloud
Rail Cloud is another step towards Digitization of Railways. Rail Cloud works on popular Cloud Computing
system. It aims to improve customer satisfaction, improve revenue and effective, efficient and safe operations.
NIVARAN
‗NIVARAN-Grievance Portal‘ is the first IT application to be launched on the RailCloud. It is the platform for
resolution of service related grievances of serving and former railway employees.
Cashless treatment Scheme in Emergency (CTSE)
With an aim to provide immediate care to its retired employees in Golden Hour, the Railway Board has rolled
out a Cashless treatment Scheme in Emergency (CTSE) in empanelled hospitals for retired employees and their
dependent family members.
Useful Info
Union Railway Minister – Shri Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
J P Nadda launched the National Strategic Plan for Malaria Elimination (2017-22)
Shri J P Nadda, Union Minister of Health and Family Welfare launched the National Strategic Plan for Malaria
Elimination (2017-22). The Strategic Plan gives year wise elimination targets in various parts of the country
depending upon the endemicity of malaria in the next 5 years. This plan focuses on the states such as
Jharkhand, Odisha, Chhattisgarh, Madhya Pradesh and Maharashtra. The strategies involve strengthening
malaria surveillance, establishing a mechanism for early detection and prevention of outbreaks of malaria,
effective indoor residual spray and augmenting the manpower and capacities for effective implementation for
the next five years.
Useful Info
Union Health & Family Minister – J P Nadda
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
42
Constituency – Himachal Pradesh, Rajya Sabha
Government setting up passport centre every 50 kilometres in the country
Union Minister MJ Akbar said that the government is working towards setting up a passport centre every 50
kilometresin the country.
Useful Info
Minister of state for External affairs - M J Akbar
Constituency –RajyaSabha, Jharkhand
Arun Jaitley released the National Trade Facilitation Action Plan
Finance Minister Arun Jaitley released the National Trade Facilitation Action Plan. The WTO-Trade
Facilitation Agreement (TFA) was a major milestone for the global trading system. This Action Plan gives a
time bound map, not only for implementing TFA, but also for India's initiatives for trade facilitation and ease
of doing business which goes beyond TFA. According to a Finance Ministry statement, all actions covered
under the plan have been categorised by prioritising the activities into short, mid and long term.
Useful Info
Union Finance Minister – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
WTO – World Trade Organization
HQ - Geneva, Switzerland
Head - Roberto Azevêdo
Radio broadcasting in country completes 90 years
Radio broadcast completes 90 years in country and first ever radio broadcast in the country went on the air
from the Bombay Station on July 23, 1927 under a private company, the Indian Broadcasting Company. On 8th
of June, 1936, the Indian State Broadcasting Service became All India Radio. All India Radio (AIR) has been
serving to inform, educate and entertain the masses since it's inception, truly living up to its motto – Bahujan
Hitaya Bahujan Sukhaya.
Union Ministry of Rural Development is going to launch Aajeevika Grameen Express Yojana (AGEY)
The Union Ministry of Rural Development is going to launch Aajeevika Grameen Express Yojana (AGEY), a
sub-scheme under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). This
scheme aims to provide an alternative source of livelihood to members of Self Help Groups (SHGs) by
facilitating them to operate public transport services in backward rural areas.
Useful Info
Union Minister for Rural Development – Narendra Singh Tomar
Constituency – Gwalior, Madhya Pradesh
Ram Nath Kovind took office as country‟s 14th President
Ram Nath Kovind took over as the 14th President of India. He administered the oath of office by the Chief
Justice of India Justice J S Khehar at a special function in the Central Hall of Parliament. The stage would be
shared by President and President-elect, Speaker, Vice President and Chief Justice of India. After the oath of
new President, a 21-gun salute will be honored followed by the acceptance speech of Mr. Kovind. Mr. Kovind
was elected the President recently as a ruling NDA candidate. He defeated the Opposition parties‘ nominee
Meira Kumar by a huge margin.
Useful Info
14th
President of India – Ram Nath Kovind
CJI - J S Khehar (44th
CJI)
1st CJI – H. J. Kania
Leila Seth was the first woman judge on the Delhi High Court
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
43
Rajnath Singh chaired the first meeting of the newly constituted Islands Development Agency (IDA)
The Union Home Minister Shri Rajnath Singh chaired the first meeting of the newly constituted Islands
Development Agency (IDA). The Union Home Minister presented the vision for developing India‘s maritime
economy while preserving the natural eco-system and addressing the security concerns. He emphasized upon
the need for sustainable development of Islands with people‘s participation.
Useful Info
Union Home Minister – Rajnath Singh
Constituency – Lucknow, Uttar Pradesh
IDA – Islands Development Agency
The IDA was set up on 1st June 2017
FSSAI has banned the use of stapler pins in tea bags from January 2018
The Food Safety and Standards Authority of India (FSSAI) has banned the use of stapler pins in tea bags from
January 2018.
Useful Info
FSSAI - Food Safety and Standards Authority of India
HQ – New Delhi
Chairman – Ashish Bahuguna
Chief Executive - Pawan Kumar Agarwal
India's first bullet train project, the Mumbai-Ahmedabad High Speed Rail, will be inaugurated this
September
India's first bullet train project, the Mumbai-Ahmedabad High Speed Rail, will be inaugurated this September
by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe . A Loan agreement of over 76,900
crore rupee is expected to be signed between the two nations during Abe's India visit. Japan's Shinkansen
technology will be used in construction of the line.
Useful Info
India‟s First Bullet Train between Mumbai – Ahmedabad
Country – Japan
Capital – Tokyo
Currency – Japanese yen
PM – Shinzō Abe
Niti Aayog cleared 6 proposals of the transport ministry to improve public transport
Mass rapid transportation technologies such as hyperloop, metrino and pod taxis could soon be a reality in
India after Niti Aayog cleared half-a-dozen proposals of the transport ministry exploring options to improve
public transport. Once these safety parameters are tried and tested and the pilot run is successful, some of them
including metrino, could be up for running by next year‘s end.
Useful Info
NITI - National Institution for Transforming India
Chairman – Narendra Modi
Vice Chairman – Arvind Panagariya
CEO – Amitabh Kant
The Supreme Court ruled that the police cannot arrest the accused without conducting a preliminary
inquiry under dowry harassment cases
The Supreme Court ruled that the police cannot arrest the accused without conducting a preliminary inquiry
under dowry harassment cases. With this, apex court put an end to immediate arrest of the husband and his
family members in the dowry harassment cases filed under Section 498A of Indian Penal Code (IPC). The
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
44
Supreme Court passed this order keeping in view the fact of suspected misuse of the anti-dowry harassment
law framed in 1983.
Useful Info
Supreme Court– New Delhi
Present Chief Justice of India - J. S. Khehar (44th
CJI)
First chief justice of India–H.J. Kania
Ministry of Health and Family Welfare has released Operational Guidelines for Planning and
Implementation of Family Participatory Care (FPC)
Ministry of Health and Family Welfare has released Operational Guidelines for Planning and Implementation
of Family Participatory Care (FPC). These guidelines are aimed at improving newborn health. The guidelines
will serve as a guiding document for those intending to introduce FPC in their facility as an integral part of
facility based newborn care. It also provides details of infrastructure, training, role of health care providers and
steps in the operationalization of FPC in the newborn care unit.
Useful Info
Union Minister for Health & Family Welfare – J P Nadda
Constituency –Himachal Pradesh (RajyaSabha)
Railways launches India‟s first solar-powered DEMU train
Indian Railways has launched its first 1,600 HHP solar diesel multiple unit (DEMU) train. The train has a total
of 16 solar panels of 300 watts in each coach. The energy generated by these panels will be stored in batteries
The move is expected to save Rs 2 lakh worth of diesel per coach, per annum. It will help in reducing carbon
dioxide of almost nine tonnes per coach, per annum. It is also expected to save nearly Rs 672 crore per annum.
India to import crude oil from US for first time
India, the world's third-largest oil importer, will import crude oil from the United States for the first time after
Indian Oil Corp bought a cargo that will be delivered in October 2017. India is the latest Asian country to buy
US crude after South Korea, Japan, China, Thailand, Australia and Taiwan as the countries seek to diversify oil
imports from other regions after the OPEC cuts drove up prices of Middle East heavy-sour crude, or grades
with a high sulphur content.
Useful Info
Chairman of Indian Oil Corporation Ltd. - Sanjiv Singh
India is going to invite the 10 leaders of ASEAN for 2018 Republic day Celebrations
India is going to invite the 10 leaders of the Association of Southeast Asian Nations (ASEAN) as Chief Guests
for 2018 Republic Day celebrations. If this happens, the Republic Day 2018 would be the first Republic Day
event that will have so many leaders as the chief guests.
Useful Info
10 Member Countries of ASEAN are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines,
Singapore, Thailand and Vietnam.
“Jiyo Parsi Publicity Phase-2” has been launched by Mukhtar Abbas Naqvi in Mumbai
Union Minister of state for Minority Affairs Shri Mukhtar Abbas Naqvi launched ―JIYO PARSI PUBLICITY
PHASE – 2‖ function in Mumbai.
In the year of 2013 ―Jiyo Parsi Publicity Phase-1‖ was initiated to increase the small minority population of
parsi community. The main objective of the ―JiyoParsi‖ scheme is to reverse the declining trend of Parsi
population by adopting a scientific protocol and structured interventions, stabilize their population and increase
the population of Parsis in India. The scheme implemented two components: 1.Medical Assistance and
2.Advocacy/Counselling. Due to this effort, it became success with the birth of 101 babies.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
45
Union Minister of state for Minority Affairs - Mukhtar Abbas Naqvi
Constituency – Rajya Sabha, Uttar Pradesh
External Affairs Minister Sushma Swaraj inaugurated the country's first 'VideshBhavan' in Mumbai
External Affairs Minister Sushma Swaraj inaugurated the country's first 'Videsh Bhavan'. The Bhavan
integrates all offices of the Ministry of External Affairs (MEA) in Maharashtra It is located in the Bandra
Kurla Complex (BKC), Mumbai.As a first pilot project, four offices of MEA - Regional Passport Office
(RPO), Protector of Emigrants (PoE) office, Branch Secretariat and Regional Office of ICCR - have been
assimilated and brought under one roof at the state-of-art office.
Useful Info
Union minister for External Affairs – Sushma Swaraj
Constituency – Vidisha, Madhya Pradesh
Central Government launched the „Swachh Survekshan-2018‟ to rank all the 4,041 cities and towns of the
country
Central Government launched the third cleanliness survey ‗Swachh Survekshan-2018‘ to rank all the 4,041
cities and towns of the country based on infrastructure development for improved sanitation services and their
sustainability, outcomes, citizen connect and visible impact on ground. Under the survey, launched by Minister
of Housing and Urban Affairs, 500 cities with more than 1 lakh population and state and UT capitals will have
all-India ranking. Also, 3,541 cities with less than 1 lakh population will have state and zonal rankings.
Useful Info
Union Minister of Housing and Urban affairs – Narendra Singh Tomar
Constituency – Gwalior (Madhya Pradesh)
Union Government has launched a portal, e-Rashtriya Kisan Agri Mandi (e-RaKAM)
Union Government has launched a portal, e-Rashtriya Kisan Agri Mandi(e-RaKAM).The e-RaKAM will
provide a platform to sell agricultural produce and strengthen the agriculture-oriented Indian economy. It is a
digital initiative that aims to bring together the PSUs, civil supplies, farmers and buyers on a single platform so
that the selling and buying process of agricultural products become smooth.
Useful Info
Union minister for Consumer Affairs, Food & Public Distribution - Ram Vilas Paswan
Constituency –Hajipur, Bihar
India-ASEAN Youth Summit from Aug 14to be held in Bhopal
Over 100 delegates from 10ASEAN countries - Brunei, Cambodia, Lao PDR, Myanmar, Malaysia, Indonesia,
the Philippines, Singapore, Thailand, and Vietnam - will participate in the India-ASEAN Youth Summit to be
held in Bhopal from August 14-19. ExternalAffairs Minister SushmaSwaraj and Madhya Pradesh Chief
Minister Shivraj Singh Chouhan will be among thekey speakers at the event.
Useful Info
Union External Affairs Minister – Sushma Swaraj
ASEAN Countries - Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Cambodia, Laos,
Myanmar, and Vietnam.
Home Minister Rajnath Singh has launched the live twitter wall for promoting Bharat Ke Veer portal
Home Minister Rajnath Singh has launched the live twitter wall for promoting Bharat Ke Veer portal on the
eve of 71st Independence Day. On the occasion, Mr Singh and Ministers of State for Home Affairs Hansraj
Gangaram Ahir and Kiren Rijiju contributed their one month salary for Bharat Ke Veer corpus.Mr Singh
has handed over a cheque of 1.59 lakh rupees to the Union Home Secretary Rajiv Mehrishi in New Delhi.
Useful Info
Ministers of State for Home Affairs –Hansraj Gangaram Ahir
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
46
Constituency – Chandrapur, Maharashtra
Union Home Secretary – Rajiv Mehrishi
‗Bharat Ke Veer‘ portal aims to facilitate online donation directly to the families of paramilitary troopers
who have sacrificed their lives for the country in the line of duty from January 1, 2016.
Bharat Ke Veer portal is technically supported by National Informatics Centre (NIC) and powered by
State Bank of India.
40 percent reservation for girls at planned Navodaya schools: Mukhtar Abbas Naqvi
The government has decided to offer 40 per cent reservation for girls at 100 Navodaya-type schools. The
Minister of State for Minority Affairs Mukhtar Abbas Naqvi said the government is mulling to open 100
Navodaya-type schools in minority concentrated areas of the country.
Useful Info
Minister of State for Minority Affairs - Mukhtar Abbas Naqvi
Constituency – Uttar Pradesh, Rajya Sabha
Nine new Ministers of state were inducted into the Union Council of Ministers
Nine new Ministers of state were inducted into the Union Council of Ministers. Four Ministers of state were
elevated to the cabinet rank. They are Minister of State for Commerce and Industries Nirmala Sitharaman,
Minister of State for Petroleum and Natural Gas Dharmendra Pradhan, Minister of State For Power, Coal,
New and Renewable Energy and Mines, PiyushGoyal and Minister of State for Minority Affairs Mukhtar
Abbas Naqvi. President Ram Nath Kovind administered the oath of office and secrecy to them at Rashtrapati
Bhavan. The portfolios of the Ministers will be announced later.
Here is the 9 New Ministers, who take oath-
1. Former IFS officer Hardeep Puri
2. Former Mumbai Police chief Satyapal Singh
3. Former IAS officer Alphons Kannanthanam
4.LokSabha MP's from Madhya Pradesh Virendra Kumar
5.From Karnataka Anant Kumar Hegde
6.From Rajasthan Gajendra Singh Shekhawat
7.From Bihar Ashwini Kumar Choubey
8. From Bihar Raj Kumar Singh and
9. Rajya Sabha MP from Uttar Pradesh Shiv Pratap Shukla
Here is the Full list of Portfolios of changed Ministers
Minister Portfolio Previously held portfolio
Dharmendra Pradhan Cabinet Minister Skill Development and
Petroleum Minister
MoS (independent charge) Oil Natural
Gas and Petroleum Ministry
Piyush Goyal Cabinet Minister Railway Ministry MoS (independent charge) Power
Ministry
Nirmala Sitharaman Cabinet Minister Defence Ministry MoS (independent charge) Commerce
and Industry Ministry
Mukhtar Abbas Naqvi Cabinet Minister Minority Affairs Ministry MoS (independent charge) Minority
Affirs
Suresh Prabhu Cabinet Minister Commerce and Industry
Ministry Railway Ministry
Uma Bharti Drinking Water and Sanitation Water Resources, River Development
Ganga Rejuvenation.
Ashwini Kumar Choubey MoS Health & Family Welfare -
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
47
Virendra Kumar MoS Women and Child Development and
Minority Affairs -
Anantkumar Hegde MoS Skill Development and
Entrepreneurship. -
Raj Kumar Singh MoS (independent charge) Power -
Hardeep Singh Puri MoS (independent charge) Urban
Development -
Gajendra Singh Shekhawat MoS Agriculture and Farmers Welfare -
Satya Pal Singh
MoS Human Resource Development and
MoS Water Resources, River Development
and Ganga Rejuvenation.
-
Alphons Kannanthanam MoS (independent charge) Tourism and
MoS Ministry of Electronics & IT -
Shiv Pratap Shukla MoS Finance Ministry -
Santosh Kumar Gangwar MoS (independent charge) Labour and
Employment MoS Finance Ministry
Government has issued an alert on the spread of new malware 'Locky Ransomware'
The government has issued an alert on the spread of new malware 'Locky Ransomware' that can lock
computers and demand ransom for unlocking them. Electronics and IT Additional Secretary Ajay Kumar
tweeted that an alert regarding spam spreading Locky Ransomware was issued by Indian Computer
Emergency Response Team. Ransomware is a malicious software and the Locky Ransomware is learnt to be
demanding the ransom of half Bitcoin, which at present rate is equivalent to over Rs 1.5 lakh.
Useful Info
Union Minister for Electronics and IT – Ravi Shankar Prasad
Constituency – Bihar, RajyaSabha
Malware – software which is specifically designed to disrupt, damage, or gain authorized access to a computer
system
Bitcoin – a type of digital currency in which encryption techniques are used to regulate the generation of units
of currency and verify the transfer of funds, operating independently of a central bank.
„PrakritiKhoj‟- An Environment Quiz on Teachers‟ Day
The Union Environment Ministry launched an environment awareness initiative on the occasion of
Teachers‟ Day. Under the initiative, an online environmental quiz competition named PrakritiKhoj will be
conducted at the national level.
Useful Info
Union Minister for Environment – Harsh Vardhan
Constituency – Chandni Chowk (Delhi)
NITI Aayog sets up task force on employment, export
NITI Aayog has constituted an Expert Task Force to provide a major thrust to job creation by enhancing
India‘s exports. It will be headed by NITI Aayog Vice Chairman Dr. Rajiv Kumar. Members of the Task
force include CEO, NITI Aayog, Secretaries of Departments of Commerce, Industrial Policy and Promotion,
Economic Affairs and Textiles. Leading economists and industry experts are also members of the Task Force,
which will submit its report by November 2017. The government stated that the steps outlined by the task force
to create well-paid jobs in the formal sector include preparing a comprehensive plan of action to
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
48
generate employment and alleviate under-employment in both goods and services sector and low wages by
boosting exports in labour intensive industries.
Useful Info
NITI Aayog Chairman – PM Modi
Vice Chairman – Rajiv Kumar
On 1 January 2015, a Cabinet resolution was passed to replace the Planning Commission with the newly
formed NITI Aayog (National Institution for Transforming India).
Govt to start School Chalo Abhiyan from next year for students not going to schools: Javadekar
International Literacy Day is observed every year on 8th September to emphasize the importance of literacy to
individuals, society and communities. The theme of this year's International Literacy Day, is ‗Literacy in a
Digital World‘. The 2017 UNESCO International Literacy Prizes awards ceremony will also take place to
recognize and reward excellent literacy practices from around the world in connection with this year‘s theme.
Useful Info
Union HRD Minister – Prakash Javadekar
Constituency – Rajya Sabha, Madhya Pradesh
KirenRijiju attended the first National Canine Seminar organized by National Security Guard (NSG)
The Minister of State for Home Affairs ShriKirenRijiju attended the first National Canine Seminar
organized by National Security Guard (NSG), in NSG Campus, Manesar (Gurugram), Haryana. The theme
of the two days National Canine Seminar is ''Canine as Tactical Weapon in Fight against Terrorism'' with
an objective to discuss and deliberate on the techniques of dog training and strategies of deploying the dogs in
Counter Terrorism/Counter Insurgency scenario. Shri Kiren Rijiju also flagged off "the NSG's Motorcycle
Expedition, 2017" from NSG Campus, Manesar. It commemorate the NSG‘s 33 years service to the nation. The
Expedition team will traverse major cities of the country including NSG's regional hubs at
Gandhinagar/Mumbai/Chennai/Hyderabad/Kolkata to cover a distance of 7000 kms with an objective of
spreading a message of collective responsibility towards the fight against terrorism.
Useful Info
Minister of State for Home Affairs – Shri Kiren Rijiju
Constituency – Arunachal West
State – Haryana
Capital – Chandigarh
CM – Manohar Lal Khattar
Governor – Kaptan Singh Solanki
The NSG is popularly known as "The Black Cats" of the country.
Vice President lays foundation Stone of Greenfield Smart City at Ranchi, Jarkhand
Vice President M Venkaiah Naidu laid the foundation stone of Greenfield Smart City at Ranchi in
Jharkhand. The Vice President laid the foundation stones for its three buildings- Urban Civic Center,
Convention Center and Jharkhand Urban Planning Management Institute. Chief Minister and other important
dignitaries were present at the occasion. The proposed smart city will be spread over 656 acres in HEC area.
The Greenfield Smart City will cost ten thousands crore rupees and will also have 16 thousand residential flats
for 70 thousands residents. The smart city will have modern transport system, world class education hub,
24 hours water and electricity, wi-fi, public toilets at every 200 meters and will be carbon free zone.
Useful Info
State – Jharkhand
Capital – Ranchi
CM – Raghubar Das
Governor – Droupadi Murmu
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
49
SIM Cards not Linked to Aadhaar to be Deactivated after February 2018
The government is moving ahead with linking Aadhaar with mobile SIM cards and all unlinked phones will
be deactivated after February 2018. Aadhaar mobile linkage is being done as per the orders of Supreme
Court passed in February 2017 in Lokniti foundation case and all SIM cards have to be verified with
Aadhaar within a year from the date of judgement, with all unlinked phones to be deactivated after February
next year. So criminals, fraudsters and terrorists cannot use the issued SIMs.
Remove all unmanned rail crossings within a year, orders Piyush Goyal
Railway Minister Piyush Goyal has asked the railways to remove all unmanned level crossings within a year,
instead of the initial goal of doing it in three years. Addressing a function at IIM in Kolkata, he said around
5,000 unmanned level crossings, which account for nearly 30-35 per cent of total rail accidents, need to be
removed in the next one year. MrGoyal also advocated the use of technology to reduce manual maintenance of
rail tracks, as it entails huge manpower. The minister said that the RailTel corporation has already prepared the
optic fibre network for improving communication.
Useful Info
Union Railway Minister – Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
National Pension Scheme Upper Age Limit Raised to 65
The Pension Fund Regulatory and Development Authority (PFRDA) announced that the upper age limit
for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. NPS is
currently open for people between 18 and 60, and the Board has approved raising the age limit for joining to
65.
Useful Info
PFRDA – Pension Fund Regulatory and Development Authority
Chairman – Hemant G. Contractor
DD & All India Radio to spread information about rights of Divyangs: I&B Minister Smriti Irani
Union Information and Broadcasting Minister Smriti Irani said Doordarshan and All India Radio will give
information to Divyangs regarding their rights and several schemes which are being run by the Centre.
Addressing a function in New Delhi, Mrs Irani said people should be sensitive towards the rights of Divyangs.
The Minister said, the education standards for Divyangs should be raised and they must be informed about their
career prospects.
Useful info
Union Information and Broadcasting Minister - Smt. Smriti Zubin Irani
Constituency – Gujarat, Rajya Sabha
Government Launches Wood is Good Campaign
Environmental Minister Dr. Harsh Vardhan inaugurated a two-day conference on “Sustainable
landscapes and forest ecosystems: Theory to Practice”. Dr. Harsh Vardhan launched the “Wood is Good”
campaign on the occasion. Wood is a climate-friendly material, as it is a renewable resource, having zero
carbon footprint.
Useful Info
Union Minister for Environment - Dr. Harsh Vardhan
Constituency – Chandni Chowk (Delhi)
Cabinet Approves Revamped Khelo India Program at a cost of Rs.1,756crore
The Union Cabinet has approved the revamped Khelo India program at a cost of Rs.1,756crore for the
period 2017-18 to 2019-20. This marks a watershed moment in the history of Indian sports, as the Programme
aims at mainstreaming sport as a tool for individual development, community development, economic
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
50
development and national development. This is the first time ever that a long-term athlete development
pathway would be made available to gifted and talented youngsters to excel in competitive sports.
Useful Info
Sports Minister of India –Rajyavardhan Singh Rathore
Constituency –Jaipur, Rajasthan
President Ram Nath Kovind‟s First Foreign Trip will be to Ethiopia and Djibouti
President Ram Nath Kovind will make his first foreign trip as head of state to the strategically-significant
African continent in the first week of October. The President will visit to Ethiopia and Djibouti. Addis Ababa,
the capital of Ethiopia is the seat of African Union, had hosted the first India-Africa summit outside India in
2012. There are more than 540 Indian firms in Ethiopia.
Useful Info
Country – Ethiopia, Addis Ababa, Ethiopian birr
Country – Djibouti, Djibouti, Djiboutian franc
TRIFED Organised National Workshop on Minimum Support Price for Minor Forest Produce
Minister of Tribal Affairs Shri Jual Oram inaugurated the National Workshop organized by TRIFED on
“Minimum Support Price (MSP) for Minor Forest Produces (MFP) scheme – Taking it to the next level
for a Fair and Equitable Deal to the Tribals”. This scheme is already implemented in 9 States and now it is
expanded nationwide. TRIFED has also signed MoU with Amazon for the marketing of tribal handicrafts
scaled-up for the empowerment of tribals.
Useful Info
Minister of Tribal Affairs – Jual Oram
Constituency – Sundargarh, Odisha
Minister of Communication Shri Manoj Sinha Launched First Ever India Mobile Congress 2017
The Minister of Communication Shri Manoj Sinha launched DoT‘s first ever Mobile, Internet and
Technology event in India – India Mobile Congress 2017 at Pragati Maidan, New Delhi. Led by Department
of Telecom as the nodal ministry, the India Mobile Congress is being organised by Cellular Operators
Association of India (COAI). The largest and first ever event also has the support of the other ministries like
the Ministry of Electronics and Information Technology (MeitY), Skill Development and Entrepreneurship
amongst others.
Useful info
Minister of Communication – Manoj Sinha
Constituency – Ghazipur, Uttar Pradesh
Ministry of Health Adjudged Best for „Swachhta Pakhwada‟
The Ministry of Health and Family Welfare has been adjudged as the best department for its contribution
during Swachhta Pakhwada, an inter-Ministry initiative of Swachh Bharat Mission of Ministry of Drinking
Water and Sanitation. The Health Ministry observed the Swachhta Pakhwada in February 2017. The award
was presented to the Ministry on 2nd October, the third anniversary of Swachh Bharat Mission. Shri C K
Mishra, Secretary (HFW) received the award on behalf of the Ministry.
Useful Info
Union Minister for Health & Family welfare – Jagat Prakash Nadda
Constituency – Himachal Pradesh, Rajya Sabha
First ASEAN-India Music Festival Begins in New Delhi
The first ever ASEAN-India music festival began at Purana Quila in New Delhi. The 3-day festival is being
organised by the Ministry of External Affairs, Government of India in collaboration with Culture Ministry to
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
51
celebrate the 25th year anniversary of ASEAN-India Dialogue Relations. It will conclude on 8 October 2017.
The theme for this commemorative year is „Shared Values, Common Destiny‟.
Useful Info
CM of New Delhi – Arvind Kejriwal
Governor – Anil Baijal
Government Sets up High-Level Committee for Water Management
Centre has set up a high-level committee for proper management of water resources in the North-Eastern
region. The Committee will be headed by NITI Aayog Vice Chairman Rajiv Kumar. It will facilitate
optimising benefits of appropriate water management in the form of hydro-electric power, agriculture,
biodiversity conservation, reduced flood damage erosion, inland water transport, forestry, fishery and eco-
tourism. The committee is also tasked with spelling out actionable steps for optimizing water resources in the
region and chalking out an action plan for the dovetailing of Central schemes.
Useful Info
NITI Aayog Chairman – Narendra Modi
NITI Aayog Vice Chairman – Rajiv Kumar
President Appoints Commission to Examine Sub-Categorisation of OBCs
President Ram Nath Kovind has appointed a five-member Committee. The Committee will be headed by
Delhi High Court's former Chief Justice G Rohini to examine sub-categorization of Other Backward Classes
(OBCs) under Article 340 of the Constitution. The commission will examine the extent of inequitable
distribution of benefits of reservation among the castes or communities included in the broad category of OBCs
with reference to such classes included in the central list.
Useful Info
Present President of India – Ram Nath Kovind
Present Vice President of India – Venkaiah Naidu
1st President of India – Dr. Rajendra Prasad
Haj Committee Recommends Abolishing of Subsidy
The government was appointed Committee on Haj Policy has recommended phasing out of subsidy for Haj
pilgrims and allowing women devotees above 45 years of age to travel in a group of at least four without a
male. The Committee presented its report on New Haj policy 2018-22 to Minority Affairs Minister Mukhtar
Abbas Naqvi in Mumbai. In view of the Supreme Court direction, the Ministry had set up the Panel under the
Chairmanship of former Secretary Afzal Amanullah to review the existing Haj Policy and to suggest a
framework for new Haj policy 2018-22.
Useful Info
Union Minister of Minority Affairs - Mukhtar Abbas Naqvi
Constituency – Uttar Pradesh, Rajya Sabha
Group of ministers (GoM) Set Up to Review Composition Scheme
A group of ministers (GoM) has been set up under Assam Finance Minister Himanta Biswa Sarma to make
the composition scheme more attractive and also revisit GST rates on restaurants. The GST Council, chaired by
Finance Minister Arun Jaitley had constituted the GoM. With only 15.50 lakh businesses out of the total 98
lakh registered under the goods and services tax (GST) regime opting for the composition scheme, the GST
Council has decided to set up the GoM to examine measures to make it more attractive.
Useful Info
State – Assam
Capital – Dispur
CM – Sarbananda Sonowal
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
52
Governor - Jagdish Mukhi
Aadhaar Made Mandatory For Small Saving Schemes as Post Office Deposits, PPF, KVP
The government has made biometric identification Aadhaar mandatory for all post office deposits, PPF, the
National Savings Certificate scheme and Kisan Vikas Patra. According to the provision, which is already in
effect, all depositors have been given time till December 31, 2017 to provide the 12-digit unique identification
number and link it with their accounts.
Useful Info
Unique Identification Authority of India has its Headquarters (HQ) in New Delhi.
The Chief Executive Officer (CEO) of UIDAI is Dr. Ajay Bhushan Pandey.
Union Home Minister Inaugurated First BIMSTEC Disaster Management Exercise
The Union Home Minister Shri Rajnath Singh inaugurated the four-day First „BIMSTEC Disaster
Management Exercise- 2017‟ (BIMSTEC DMEx-2017) in New Delhi. The Exercise will be conducted by
the National Disaster Response Force (NDRF) as the lead agency in Delhi and the National Capital Region
(NCR). The BIMSTEC DMEx-2017 is being conducted in two phases in Delhi and NCR. The main exercise
will comprise of Table Top Exercise (TTX), Field Training Exercise (FTX) and After Action Review
(AAR). The main focus of the BIMSTEC DMEx-2017 will be on testing the region‘s preparedness and
resilience towards effective activation of inter-Governmental interaction for immediate deployment of regional
resources for disaster response.
Useful Info
BIMSTEC stands for ‗Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation‘,
includes namely Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
Smriti Irani Opens World Largest B2B Handicraft & Gifts Fair
The 44th edition of world largest B2B handicraft and gifts fair entitled IHGF-Delhi Fair (Autumn) 2017
was inaugurated by Smriti Zubin Irani, Union Minister of Textiles in a ceremony at India Expo Centre & Mart,
Greater Noida. It is the 4 Day long fair at state-of-the-art India Expo Centre, Greater Noida. This initiative will
give opportunities to overseas buyers to bring technical know-how investment and marketing network to form
joint ventures for promoting Indian Handicrafts in the world market.
Useful Info
Union Minister for Textiles - Smriti Zubin Irani
Constituency – Gujarat, Rajya Sabha
BANKING NEWS
Reserve Bank of India
HQ – Mumbai; Governor – Urjit Patel (24th
governor)
4 Deputy Governors - BP Kanungo, S SMundra, N S Vishwanathan and Viral Acharya
New 500 rupee banknotes have been launched by RBI with inset letter „A‟
In continuation of issuing of Rs500 denomination banknotes in Mahatma Gandhi (new) series from time to
time which are currently legal tender, a new batch of banknotes with inset letter ―A‖ in both the number panels,
bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India; with the year of printing '2017‘ on
the reverse, are being issued.The new series earlier released and currently, in circulation has the inset letter "E".
Useful Info
The 500 rupee banknote of the Mahatma Gandhi New Series is 63mm x 150mmstone grey coloured, with the
obverse side featuring a portrait of Mahatma Gandhi as well as the Ashoka Pillar Emblem, with a signature of the
governor of Reserve Bank of India. It has the Braille feature to assist the visually challenged in identifying the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
53
currency. The reverse side features a motif of the Indian heritage site of Red Fort, and the logo and a tag line of
Swachh Bharat Abhiyan.
Government asks banks, post offices to deposit scrapped Rs. 500, Rs. 1,000 notes to RBI by 20th July
Government has asked banks to deposit demonetised notes at RBI by the 20th of next month.The government
has permitted banks and post offices to deposit junked Rs. 500 and 1,000 notes with the Reserve Bank by the
deadline.The earlier window was open till December 31, a day after the 50-day period of demonetisation of
high value currency.
Useful Info
India‘s history with demonetization
1stDemonetisation – 1946 (ban of 1000 Rs& 10000 Rs)
2nd
Demonetisation – 1978 (ban of 1000, 5000 & 10000 Rs)
3rd
Demonetisation – 2016 (ban of 500 & 1000 Rs)
The Reserve Bank of India reconstituted the Oversight Committee by appointing three more members
The Reserve Bank of India reconstituted the Oversight Committee by appointing three more members.
According to the RBI former chief vigilance commissioner, Pradeep Kumar will head the now reconstituted 5-
member panel. Besides Kumar, the other members of the committee are former SBI Chairman JankiBallabh,
former Canara Bank Chairman and MD MBN Rao, former Chairman of L&T Finance YM Deosthalee and S
Raman, member SEBI. Raman would be inducted into the panel from September 7, 2017 after he completes the
term at SEBI. The expansion follows promulgation of the Banking Regulation (Amendment) Ordinance, 2017
last month.
RBI amends Banking Ombudsman Scheme
The central bank has extended the scope of Banking Ombudsman Scheme. The Reserve bank said that under
the amended scheme, a customer would also be able to lodge a complaint against the bank for its non-
adherence to RBI instructions with regard to mobile banking/ electronic banking services in India. As per the
amendment, the pecuniary jurisdiction of the Banking Ombudsman to pass an award has been doubled to 20
lakh rupees.Banking Ombudsman is a quasi-judicial authority functioning under the Banking Ombudsman
Scheme, 2006.
RBI report sees India's economic growth rate at 7.3% in 2017-18
The Reserve Bank stated the ongoing accelerated reform initiatives like Goods and Sevice Tax and continuing
political stability will push the economic growth scale to 7.3 per cent in terms of Gross Value Added -GVA in
the current fiscal year (2017-18). The Financial Stability Report 2017 released, going forward, reforms in FDI
and real estate sector, implementation of GST, and revival in external demand are likely to contribute to a
better growth outlook. According to the RBI report, GVA growth is expected to be higher at 7.3 per cent in
2017-18.
Useful Info
RBI commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the
Reserve Bank of India Act, 1934.Following India's independence on 15 August 1947, the RBI was nationalised on
1 January 1949.
RBI is considering setting up of Public Credit Registry (PCR), an extensive database of bank loans
RBI Deputy Governor Viral Acharyasaid, that the Reserve Bank of India is considering setting up of Public
Credit Registry (PCR), an extensive database of bank loans. Acharya suggested the registry would be managed
by a public authority like the central bank, and reporting loan details should be mandatory.
RBI said Ombudsman cannot handle note ban plaints
Customers‘ complaints about problems like cash withdrawal and exchange of old notes faced post
demonetisation cannot be entertained under the Banking Ombudsman (BO) scheme, the Reserve Bank of India
has said.
Useful Info
Banking Ombudsman Scheme
First BO office in India – RBI, New Delhi (jurisdiction over Delhi and Jammu & Kashmir)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
54
Second BO office in India – New Delhi (jurisdiction over Haryana (except Panchkula, Yamuna Nagar and Ambala
Districts) and Ghaziabad and Gautam Buddha Nagar districts of Uttar Pradesh)
Total BO office in India currently – 20
The Reserve Bank of India has amends order on bankruptcy action on 12 large NPAs
The Reserve Bank of India (RBI) has amended its earlier order asking banks to initiate bankruptcy proceedings
against 12 companies which have outstanding loans amounting to over Rs 5,000 crore as on March 2016. The
amendment, made through a notification, comes after the Gujarat High Court asked the RBI to remove the
stipulation on its order last month that the 12 non-performing assets (NPAs), or bad loans, would be granted
priority at the National Company Law Tribunal. Essar Steel, one of the 12 large NPAs identified by the RBI,
had approached the Gujarat High Court for the RBI proceedings.
RBI sets up Supervisory Colleges for six Scheduled Commercial Banks
Reserve Bank of India (RBI) has set up Supervisory Colleges for six Scheduled Commercial Banks which have
sizeable international presence: - State Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis
Bank Ltd. and Punjab National Bank. The objectives of the colleges are to enhance information exchange and
cooperation among supervisors, to improve understanding of the risk profile of the banking group and thereby
facilitate more effective supervision of internationally active banks.
Useful Info
Those 6 Banks are – SBI, ICICI, BOI, BOB, Axis Bank, PNB
1st Governor of RBI – Osborne Smith (British banker)
1st Indian Governor of RBI – C. D. Deshmukh
RBI has imposed a penalty of Rs. 3 crore on state-owned Union Bank of India for KYC “non-compliance”
The RBI has imposed a penalty of Rs. 3 crore on state-owned Union Bank of India for ―non-compliance‖ with
the directions on Know Your Customer (KYC) norms. This action is based on deficiencies in regulatory
compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by
the bank with its customers.
Useful Info
Union Bank of India HQ – Mumbai
MD &CEO -RajkiranRai G
Tagline – Good people to bank with
RBI cuts policy rate by 25 basis points to 6%
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the
Monetary Policy Committee (MPC), headed by Urijit Patel, decided to reduce the Policy Repo Rate under the
liquidity adjustment facility (LAF) by 25 basis points from 6.25 per cent to 6.0 per cent with immediate effect.
Consequently, the reverse repo rate under the LAF stands adjusted to 5.75 per cent, and the marginal standing
facility (MSF) rate and the Bank Rate to 6.25 per cent.
Useful Info
Third Bi-monthly Monetary Policy Statement, 2017-18
New Rates as per the RBI Guidance
Repo Rate – 6.00%
Reverse Repo Rate – 5.75%
Marginal Standing Facility Rate – 6.25%
Bank Rate – 6.25%
Monetary Policy committee of India
Governor of the Reserve Bank of India – Chairperson, ex officio -Urjit Patel
Deputy Governor of the Bank, in charge of Monetary Policy—Member, ex officio - Viral AAcharya
One officer of the Reserve Bank of India to be nominated by the Central Board – Member, ex officio; - Michael
DebabrataPatra
ShriChetanGhate, Professor, Indian Statistical Institute (ISI) – Member;
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
55
Professor PamiDua, Director, Delhi School of Economics – Member;
Dr. Ravindra H. Dholakia, Professor, Indian Institute of Management, Ahmedabad – Member
RBI will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series
The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New)
Series signed by Governor of RBI Dr. Urjit Patel. The base colour of the note is fluorescent blue.The new Rs
50 banknote has a motif of Hampi with a chariot, depicting the country‘s cultural heritage, and the Swachh
Bharat logo with slogan on the reverse. All the banknotes in the denomination of Rs 50 issued by the
Reserve Bank in the earlier series will continue to be legal tender.
Aadhar must for subsidised farm loans: RBI
Reserve Bank of India (RBI) has made Aadhar linkage mandatory for farmers who wish to avail short-
term crop loans in 2017-18.Under Interest Subvention Scheme, the banks are advised to make Aadhar linkage
mandatory for availing short-term crop loans in 2017-18.RBI has defined that farmers can avail of short-term
crop loans of up to Rs 3 lakh at the subsidised interest rate of 7%that could go down to 4% on prompt
repayment.
RBI issues new Rs 200, Rs 50 notes
The Reserve Bank issued new Rs 200 and Rs 50 denomination banknotes in the Mahatma Gandhi (New)
Series, bearing signature of RBI Governor Urjit Patel. Initially, the new Rs 200 notes will be circulated by
select RBI offices, and some banks. The new Rs. 200 denomination has motif of SanchiStupa on the reverse,
depicting the country‘s cultural heritage. The base colour of the note is bright yellow. The note has other
designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.
Ujjivan Small Finance Bank Ltdhas been given scheduled bank status by RBI
Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been
given scheduled bank status by RBI.Currently,Ujjivan SFB has 65 full-fledged brick and mortar branches in
eight states and two Union Territories. Ujjivan SFB commenced its operations as a Small Finance Bank with
effect from February 1, 2017.
Useful Info
Ujjivan SFB – Ujjivan Small Finance Bank
Headquarters – Bengaluru
MD & CEO - SamitGhosh
RBI to Introduce Rs 100 Coin to Mark MG Ramachandran‟s Birth Centenary
As per the notification of Finance Ministry, the Reserve Bank of India will introduce 100 rupees coin to
mark the birth centenary (hundredth anniversary) of AIADMK founder Late Dr. M G Ramachandran.
On the obverse, the face of the coin will bear Lion Capitol of Ashoka Pillar in the center with SatyamevJayate
inscribed below on it in Devanagari script. It will also bear the rupee symbol and denominational value of 100.
On the reverse side, the portrait of Dr. MG Ramachandran will be in the center. The standard weight of the
coin will be 35 grams.
Useful Info
Dr. MG Ramachandran – Former Chief Minister of Tamil Nadu
India‟s Forex Reserves Top $400 billion for the First Time
According to the RBI Data, India‟s foreign-exchange reserves rose past $400 billion for the first time ever,
strengthening policy makers‘ buffers ahead of an expected reduction in US stimulus. The stockpile stood at
$400.7 billion. With the Federal Reserve set to shrink its balance sheet—details of which could be announced
recently, the holdings may help the rupee withstand any volatility even if global funds turn away from India‘s
slowing economy.
RBI announced that Masala bonds will be treated as External Commercial Borrowings (ECB)
The Reserve Bank of India (RBI) announced that Masala bonds will be treated as External Commercial
Borrowings (ECB) from 3rd October 2017 thereby freeing up more investments by FPIs. Masala bonds are
rupee-denominated overseas bonds. Currently, the limit for investment by Foreign Portfolio Investors (FPIs)
in corporate bonds is Rs 2,44,323crore. This includes masala bonds of Rs.44,001crore.
Almost 99% of demonetised notes back in system: RBI report
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
56
The Reserve Bank of India today in its annual report confirmed that almost 99 per cent of banned Rs 500 and
Rs 1000 notes that were demonetised last November have returned to the system. In the report for 2016-17, the
RBI said that out of 632.6 crore pieces of Rs 1,000 currency notes in circulation, 8.9 crore have not been
returned post the note ban last November.
RBI included HDFC Bank in the list of 'too big to fail' lenders
RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic
systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified
as D-SIBs in 2015. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail'
financial entities in the country.
Useful Info
HDFC Bank Headquarters – Mumbai
CEO – AdityaPuri
Tagline – We Understand your World
Reserve Bank of India Opens Branch in Dehradun
The Reserve Bank of India opened a branch in the Dehradun city to make transactions of the Uttarakhand
State government more convenient. Uttarakhand Chief Minister Trivendra Singh Rawat inaugurated the
RBI's Branch. Earlier, the state government had to do financial transactions through the Kanpur branch of the
RBI.
RBI to soon Launch Financial Literacy Drive in 9 States
The Reserve Bank of India (RBI) is to launch a financial literacy drive in 80 blocks in nine states on the
pilot basis to educate people on e-transactions, formal sector borrowings and insurance purchases. The
pilot project, according to RBI will be commissioned in the 9 states of Maharashtra, Chhattisgarh, Bihar,
Odisha, Karnataka, Telangana, Andhra Pradesh, Haryana and Uttar Pradesh by the 6 NGOs in collaboration
with the sponsor Banks. The aim of this drive is to inculcate the habit of making a household budget and
recording financial transactions, encourage transactions in savings accounts, and active saving by depositing
in banks through fixed deposits and recurring deposits.
Fourth Bi-monthly Monetary Policy Statement Released by RBI
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the
Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment
facility (LAF) unchanged at 6.0 per cent. Consequently, the Reverse Repo Rate (RRR) under the LAF
remains at 5.75 per cent, and the Marginal Standing Facility (MSF) rate and the Bank Rate at 6.25 per
cent. The projection of real Gross Value Added (GVA) growth for 2017-18 has been revised down to 6.7 per
cent from the August 2017 projection of 7.3 per cent, with risks evenly balanced.
State Bank of India
SBI HQ – Mumbai; Chairman - Rajnish Kumar; SBI slogan - The Banker to Every Indian
400 crore rupees for Rooftop solar projects announced by SBI
State Bank of India (SBI) announced financingof rooftop solar projectsworth 400 crore rupees. ―SBIavailed a
loan of $625million from the World Bankfor on-lending to viableGrid-Connected RooftopSolar PV projects
undertakenby photovoltaic developers/aggregators and end-usersfor installation of rooftopsolar systems on
rooftops ofcommercial, institutional andindustrial buildings.
SBI cuts rate on home loan above Rs. 75 lakh by 10 bps to 8.6%:
The State Bank of India has reduced rates for home loans aboveRs.75 lakh by 10 bps.The revised interest rates
will be 8.55% per annum for salaried women and 8.60% per annum for others.The revised interest rates on
home loans by the SBI will come into effect from June 15 this year.
Tirumala Milk Products & State Bank of India has entered into a tie up for providing loans to dairy
farmers
State Bank of India has entered into a tie-up with Tirumala Milk Products, a South- based company which was
acquired by GroupeLactalis in 2014, to provide loans to dairy farmers who supply milk to the latter.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
57
Useful Info
GroupeLactalis HQ – Laval, France
Founder - André Besnier
SBI HQ – Mumbai
Bank Board Bureau interviews four SBI MDs for chairman‟s post
The Banks Board Bureau,headed by former CAG VinodRai, interviewedfour candidates for the SBIchairman‘s
post, which willfall vacant aftertheretirement of ArundhatiBhattacharya in October.Four SBI managing
directorswere interviewed by threesub-committees, sourcessaid. B. Sriram, the seniormostMD, along with
RajnishKumar, P. K. Gupta andDinesh Kumar Kharafacedthe panel, sources said.
Nepal SBI launches first paperless Banking services sbi INTOUCH
Nepal SBI Bank, a subsidiary of the State Bank of India, launched its fully automatic digital banking services
in the Nepalese capital Kathmandu. This is for the first time the State Bank of India has expanded the paperless
banking system outside India. Digital banking provides various services including cash deposit, the opening of
new accounts, distribution of debit card, ATM and online banking information on the touch of the screen.
Customers can avail the services from SBI Intouch Bank. The digital banking unit also has a robot, which
provides important information to customers in an interactive manner.
Useful Info
Country – Nepal
Capital – Kathmandu
Currency - Nepalese rupee
President - Bidhya Devi Bhandari
Prime Minister - SherBahadurDeuba
SBI waives charge on IMPS fund transfer of up to Rs 1,000
Country's largest bank SBI has waived charges for fund transfer of up to Rs 1,000 through its IMPS
(Immediate Payment Service) to promote small transactions. State Bank of India had been charging Rs 5 along
with the applicable service tax for IMPS fund transfer of up to Rs 1,000. IMPS is an instant interbank
electronic fund transfer service through mobile phones as well as internet banking. For IMPS, the charge will
be Rs 5 along GST for fund transfer in the range of Rs 1,000 to Rs 1 lakh. The charge will go up to Rs 15 for
transactions of Rs 1-2 lakh. GST at the rate of 18 per cent is applicable on all financial transactions.
State Bank of India launches website for home buyers
State Bank of India, the country‘s largest commercial bank, has launched 'SBI Realty' - a one-stop integrated
website www.sbirealty.in for home buyers. SBI Realty will help customers to choose their dream home from
3,000 SBI approved projects across the country. These projects are spread across 13 states and Union
Territories covering 30 cities, including metros, semi metro and towns. The site is developed by SBICAP
Securities in association with PropEquity in terms of data support, project information.
SBI and Carlyle Group will acquire GE Capital's entire stake in SBI Card
State Bank of India (SBI), the Carlyle Group and GE have announced that they have signed definitive
agreements, whereby SBI and Carlyle Group will acquire GE Capital's entire stake in SBI Card, the second-
largest credit card franchise in India. SBI Card is operated through two joint venture companies, SBI Cards &
Payment Services and GE Capital Business Process Management Services, which issue credit cards and
process card transactions in the Indian market. Following the transactions, SBI and Carlyle will own 74 percent
and 26 percent respectively in each of the two entities.
Useful Info
Carlyle Group HQ – Washington, United States
GE Capital – Norwalk, Connecticut, United States
SBI cuts saving account rate by 0.5% on balance up to Rs 1 crore
State Bank of India has cut interest on savings account deposits by 50 basis points to 3.5 per cent on balance up
to Rs 1 crore. The bank decides to continue 4 per cent interest on savings account balance of Rs 1 crore and
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
58
above. Revision of saving bank rate will enable the bank to maintain marginal cost of fund based lending rate
(MCLR) at existing rates.
SBI, Samsung collaborate to advance Digital India initiative
The State Bank of India (SBI) and Samsung India has announced the availability of Samsung Pay for higher
variants of SBI debit card to advance Digital India initiativeSamsung Pay is currently available on Samsung
smartphones. It enables consumers to make offline payments without the need for a physical Card. Samsung
Pay works on 2.5 million Point of Sale (PoS) Card machines across the country through its Magnetic Secure
Transmission (MST) technology. The Bank aimed to be the Banker to Digital India and has been at the fore-
front of all digital initiatives in the banking space.Samsung Pay consumers holding eligible SBI Debit Cards
can avail a flat Rs. 100 cashback on minimum transaction amount of Rs. 500.
Useful Info
Samsung HQ – Seoul, South Korea
SBI to raise 2000 crore via BASEL- III bonds
State Bank of India plans to raise Rs 2,000 crore by allotting Basel-III compliant bonds to various investors.
The committee of directors for capital raising accorded its approval on 3rd
of August 2017. It will allot 20,000
AT1 Basel-III compliant non-convertible, perpetual, subordinated bonds in the nature of debentures. The bonds
will carry a coupon rate of 8.15% per annum with a call option after 5 years or the anniversary date thereafter.
Country‟s largest lender, SBI Tops Share of Wilful Default to PSBs
The country‘s largest lender, SBI, accounts for over 27 per cent of the total amount owed to public sector
banks by wilful defaulters. As many as 1,762 wilful defaulters owed SBI Rs25,104 crore.Punjab National
Bank (PNB) is next on the list with 1,120 wilful defaulters having outstanding non-performing assets (NPAs)
of Rs12,278 crore. Together these two banks account for Rs37,382crore or 40 per cent of the total outstanding
loans.
SBI's Arundhati Bhattacharya invited to join Infosys board
State Bank of India Chairperson Arundhati Bhattacharya has reportedly been offered a position on the Infosys
board and the offer was first made almost 10 days ago before Vishal Sikka resigned as the CEO. Further,
Bhattacharya was also offered a seat on the board of another IT company but that invitation came two days
after Infosys' offer.
SBI Life Insurance Gets SEBI approval for Rs 8,400 crore IPO
SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO
(Initial Public Offering) of up to Rs 8,400 crore ($1.3 billion). The IPO will involve 120 million secondary
shares or 12 per cent of the insurer's equity capital. State Bank of India which currently owns 70.1 per cent of
the insurer, will sell 80 million shares and BNP Paribas Cardif, holder of a 26 per cent stake, will sell 40
million.
Useful Info
SEBI – Securities and Exchange Board of India
Headquarters of SEBI – Mumbai
Chairman of SEBI – Ajay Tyagi
MD & CEO of SBI Life Insurance Co. Ltd - ArijitBasu
SBI Card to offer pre-approved cards to SBI customers
SBI card is all set to offer pre-approved cards to customers of its parent State Bank of India. It has
entered into a tripartite agreement with SBI and India‘s first credit bureau TransUnion CIBIL to offer pre-
approved cards to eligible customers.
The agreement will allow the credit bureau to check the credentials of SBI customers and SBI Card to
leverage the data.
SBI launches Indian bond index series in London
State Bank of India (SBI) has launched the FTSE SBI Bond Index series in partnership with global index
provider FTSE 100, which will give tools to investors from India, the UK and globally to analyseIndia‟s
government bond market, and drive growth in this market. This index, launched in collaboration with the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
59
London Stock Exchange, will ensure that international investors have an international benchmark that is
transparent, that is well governed and that is something they can easily rely on.
State Bank of India (SBI) is India‟s most trusted and most popular bank
State Bank of India (SBI) is India‟s most trusted and most popular bank according to a survey conducted
by Brand Finance, a business valuation and strategic consultancy headquartered in London. On the trust charts,
SBI is followed by HDFC Bank and Central Bank of India whereas on the popularity charts, ICICI Bank and
HDFC Bank take the second and third spots respectively.
SBI Launches Chatbot to Help Customers in Banking Activities
Artificial intelligence banking platform Payjo has launched an AI-powered chat assistant for State Bank of
India to addresses customer enquiries. The chat assistant, known as SBI Intelligent Assistant, or SIA, will
help customers with everyday banking tasks just like a bank representative.
SBI to Set Up Country's Largest Innovation Centre at Mumbai
The nation's largest lender State Bank of India is creating a 15,000-sqft innovation center in Navi
Mumbai investing around Rs 100 crore. The center, to be built at its Global IT Centre in Belapur in Navi
Mumbai, will be the largest innovation center by any financial services company in the country. The
innovation center is part of a Rs 200-crore allocation that the bank has earmarked for innovation 2016.
SBI Launched SME Assist for MSME Clients
The State Bank of India has launched a new product to provide a short-term working capital demand
loan to its MSME clients. The new initiative, called SME Assist, would offer loans to MSME customers
on the basis of their input credit claims under Goods and Services Tax (GST). The loan processing fee
under the scheme is Rs 2,000. The companies applying for a loan under the product have to provide a
certificate from their chartered accountant confirming the input credit claims. Under the scheme, the SME
borrowers would have a moratorium period for the first three months.
NABARD
NABARD – National Bank for Agriculture and Rural Development
Headquarters – Mumbai; Chairman - Harsh Kumar Bhanwala
LokSabha Passes Bill to Raise NABARD‟s Capital to Rs30,000crore
A bill to enable exit of Reserve Bank of India (RBI) from Nabard and increase authorized capital of the
development institution six times to Rs 30,000 crore was passed by the LokSabha.
All you Know About the Bill
Increase in capital of NABARD: At present the authorized capital of Nabard is Rs 5,000 crore and there is a
proposal to increase it to Rs 30,000 crore.
Transfer of the RBI‘s share to the Union Government: At present in Nabard, the Centre has a share of 99.6%
and the RBI has the remaining share.
The Bill replaces the terms ‗small-scale industry‘ and ‗industry in the tiny and decentralized sector‘ with the
terms ‗micro enterprise‘, ‗small enterprise‘ and ‗medium enterprise‘ as defined in the MSME Development
Act, 2006.
The Bill substitutes references to provisions of the Companies Act, 1956 under the NABARD Act, 1981, with
references to the Companies Act, 2013.
NABARD Buys Additional 7% stake in SIDBI from IDBI Bank
The National Bank for Agriculture and Rural Development (NABARD) has bought an additional 7% stake
in Small Industries Development Bank of India (SIDBI) for Rs 900 crore from public sector lender IDBI Bank
Ltd. This is the largest investment made by the apex rural financial institution so far, and raises its total
shareholding in Sidbi to 10%. According to data shared by Sidbi, existing shareholders bought most of these
shares - 6.99% by Nabard, 2.04% by Life Insurance Corp. of India (LIC), 0.5% by Vijaya Bank and 0.5% by
Canara Bank. With this, LIC holds 14.25% in SIDBI, Vijaya Bank 0.8% and Canara Bank 3.64%.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
60
SIDBI Headquarters – Lucknow
CMD of SIDBI – Shri Mohammad Mustafa
IDBI Bank Headquarters – Mumbai
Managing Director & CEO of IDBI Bank - Mahesh Kumar Jain
Asian Development Bank
Headquarters - Manila, Philippines; President - TakehikoNakao
ADB Lowers India Growth Forecast for this Fiscal
Asian Development Bank (ADB) has downgraded India‘s growth projection to 7 percent for the current
fiscal while lowering its forecast for the next financial year as well. India‘s GDP growth is downgraded to 7
percent in the financial year 2017-18, a 0.4 percentage point drop from the April forecast. In the financial year
2018-19, the forecast is adjusted down to 7.4 percent, from 7.6 percent, according to the Asian Development
Outlook 2017 update.
ADB to Increase Annual Lending to India to $4 billion
The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between
2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status. The
proposal was endorsed at new ADB Country Partnership Strategy for 2018- 2022. The new lending
programme, which includes private sector operations, is much higher than the average $2.65 billion a year in
loans extended during 2012 and 2016.
$80-Million ADB loan to Himachal Pradesh
Multilateral lending agency Asian Development Bank (ADB) has approved a loan of $80 million (about Rs
524 crore) for the modernization of Himachal Pradesh‘s technical and vocational education and training
(TVET) institutions. The total cost of the project is $100 million, with the Centre contributing $20 million. The
project is expected to be completed by the end of 2022.
Asian Development Bank (ADB) to Provide $152 Million Fund to Nepal
The Asian Development Bank (ADB) will provide a USD 152 million to Nepal for the implementation and
enhancement of its power transmission and distribution. ADB and Nepal‘s Ministry of Finance signed the loan
agreement in Kathmandu. The aid will be granted to the Power Transmission and Distribution Efficiency
Enhancement Project (PTDEEP) which supports the expansion of the transmission lines in various areas of
Nepal.
West Bengal Gets $300 Million Asian Development Bank (ADB) Loan
Multilateral funding agency ADB has sanctioned a USD 300 million loan facility for carrying forward fiscal
reforms in West Bengal. The board of Asian Development Bank (ADB) approved a loan of USD 300 million to
continue a comprehensive series of fiscal reforms in West Bengal. West Bengal, for the first time in 2012 had
received a USD 400 million from ADB, its first policy based lending with an aim to create a fiscal space
necessary to sustain higher public investment in the eastern India.
Axis Bank
Axis Bank HQ – Mumbai; MD and CEO of Axis Bank - Shikha Sharma;
Tagline of Axis Bank – BadhtiKanaamZindagi
GMR Goa International Airports Ltd gets Rs. 1,330 cr loan from Axis Bank for developing Mopa airport
GMR Goa International Airports Ltd, a subsidiary of GMR Airports Ltd, has executed a debt facility agreement
for the development of Greenfield airport at Mopa. The foundation stone for the project was subsequently laid
by the Prime Minister, NarendraModi, on November 13, 2016. The entire debt of Rs. 1,330 crore was
underwritten by Axis Bank on a long tenor door to door basis of 18 years on competitive terms.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
61
Chairman of GMR Airports - SrinivasBommidala
Axis Bank has entered into collaboration with Inter-American Investment Corporation (IIC) to facilitate
trade with Latin America and the Caribbean.
Axis Bank has entered into collaboration with Inter-American Investment Corporation (IIC) to facilitate trade
with Latin America and the Caribbean. Axis Bank becomes the first Indian bank to participate in the Trade
Finance Facilitation Programme as a confirming bank. IIC, a member of the Inter-American Development
Bank Group, is a multilateral development bank committed to supporting the private sector in Latin America
and the Caribbean.
Useful Info
IIC – Inter-American Investment Corporation
HQ – Washington D.C
President - Luis Alberto Moreno
Axis Bank to waive 12 EMIs on home loans under ShubhAarambh scheme
Under the new scheme ShubhAarambh Home Loans Axis Bank will waive 12 equated monthly
installments (EMIs) on regular repayments of loans of up to Rs 30 lakh.The lender has introduced
ShubhAarambh Home Loans, in which 12 EMIs are waived 4 EMIs each after the fourth, eighth and 12th year
from the date of the first disbursement.
Asian Infrastructure Investment Bank
AIIB - Asian Infrastructure Investment Bank; HQ – Beijing, china; President – Jin Liqun
China-led AIIB has approved USD 150mn loan for India infrastructure fund
China-led Asian Infrastructure Investment Bank has approved USD 150 million equity investment loan to the
India Infrastructure Fund. It is the bank's first such loan to fund private projects.
Airtel Payment Bank
MD & CEO of Airtel Payment Bank - ShashiArora
Airtel Payment Bank joined hand with Hindustan Petroleum Corporation Limited (HPCL) for ATM
services
Airtel Payments Bank, India‘s first payments bank has announced a strategic partnership with Hindustan
Petroleum Corporation Limited (HPCL) to give further boost to digital payments in the country and to add to
customer convenience. All 14,000 HPCL fuel stations will act as banking points for Airtel Payments Bank. All
Airtel Payments Bank customers would be able to access a range of convenient banking services at these fuel
stations like opening new accounts, make cash deposits and withdrawals facility, and transfer money.
Useful Info
First Airtel Payment Bank was opened in Rajasthan.
HPCL - Hindustan Petroleum Corporation Limited
HPCL Headquarters – Mumbai
Chairman of HPCL – M.K. Surana
Bank of Baroda
BOB HQ- Gujarat; MD & CEO- P.S Jayakumar; Tagline- India‟s International Bank
EPFO signed an agreement with four private banks for collection of provident fund
The Employees‘ ProvidentFundOrganisation (EPFO)signed anagreement with four privatebanks and Bank of
Barodafor collection of providentfund dues from employersand payments to itssubscribers.This is the first time
that theEPFOhastied up withprivate banks – namely, ICICIBank, HDFC Bank, Axis
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
62
BankandKotakMahindraBank.Earlier, only State Bank of Indiawasauthorised to collectcontributions from
employersand make payment toemployees. The move willhelp the EPFO save about300 crore rupees annually
as thefive banks have agreed tozero transaction charges.
Useful Info
EPFO –Employees‘ ProvidentFundOrganisation
HQ – New Delhi
Four Private Banks – ICICI, Axis, HDFC, Kotak Mahindra Bank.
PSU – Bank of Baroda
Canara Bank
Headquarters: Bengaluru; CEO: Rakesh Sharma; Tagline: Together we can
Canara Bank has inked pact with the state-owned general insurer The New India Assurance Co to sell
policies through its branches:
The Bengaluru headquartered public sector lender said this corporate agency distribution tie-up will make
available general insurance products from over 6,000 Canara Bank branches in the country.
Organisation: New India Assurance Co
Headquarters: Mumbai
CEO: Shri G. Srinivasan
Tagline: India‘s premier general insurance company
Canara Bank launched its first „Digital Banking Branch‟ at Bengaluru
Canara Bank, which has set an ambitious target of moving to ‗paperless‘ futuristic banking, launched its first
‗Digital Banking Branch‘ at Bengaluru. Titled ‗CANDI‘, the branch will provide an end-to-end digital
experience to customers.
Useful Info
State – Karnataka
Capital – Bengaluru
CM – Siddaramaiah
Governor – VajubhaiRudabhaiVala
Canara Bank hits overseas bond market with $400-mn issue
Canara Bank has hit the international debt market with a benchmark dollar bond issue that will have a tenor
of 5 years. Through this issue, Canara Bank will raise $400 million as part of its $2 billion medium-term
note programme. A medium-term note (MTN) is a debt note that usually matures (is paid back) in 5–10
years.
Bond sale will be drawn through London branch of CanaraBank. The bonds will be listed on the Singapore
Stock Exchange.Foreign rating agency Moody‟s has assigned a Baa3 rating to the issue, which is on par
with the sovereign rating since majority stake in the bank is owned by the Indian government.
Canara Bank unveiled two new digital services for online payments
Canara Bank unveiled two new digital services for online payments. Bharat QR (Quick Response) is for
payment settlement at merchant locations and Bharat Bill Payment System (BBPS) is an integrated bill
payment system for net banking customers.The first service is a mobile application, which enables a merchant
to accept payments as settlement for sale of goods or services. The second product (BBPS), an initiative of the
RBI offers bill payment services to the bank's net banking customers with network of agents.
Useful Info
BBPS - Bharat Bill Payment System
Dena Bank
Dena Bank HQ – Mumbai; Chairman & MD - Ashwani Kumar;
Bank Slogan - Trusted Family Bank
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
63
Restrictions on Dena Bank imposed by RBI
The Reserve Bank of India(RBI) has imposed certainrestrictions on Dena Bankafter it reported negativereturn
on assets (ROA)fortwo years and net NPAbreaching the risk thresholdlevel. ―RBI initiated promptcorrective
action for DenaBank in view of high net NPAand negative RoA.
Useful Info
Dena Bank Founded - 26 May 1938; 79 years ago
National Payments Corporation of India
NPCI - National Payments Corporation of India; MD & CEO of NPCI - A. P. Hota
National Payments Corporation of India (NPCI) receives final nod from RBI to function as Bharat Bill
Payment Central Unit
National Payments Corporation of India (NPCI), the umbrella organization for all retail payment systems has
received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit
(BBPCU) and operate the Bharat Bill Payment System (BBPS). On August 31, 2016, 8 BBPS operating units,
which received in-principle approval from RBI, took part in the pilot. Almost after a year of running the pilot,
streamlining the technology and business processes, NPCI has now received final clearance from RBI.
Tech giant Google is announced to unveil a digital payment service in India
Tech giant Google is announced to unveil a digital payment service in India that has been developed for the
local market. In July, National Payments Corporation of India (NPCI) had stated that Google had completed
the testing of its UPI payment service and was awaiting Reserve Bank of India‘s approval to launch its service
in the country. Google is looking at launching a payment service „Google Tez‟, which will include support for
Unified Payments Interface (UPI) as well as mobile wallets like Paytm and MobiKwik.
Useful Info
Google HQ – Mountain View, California, United States
Google CEO – SundarPitchai
Indian Overseas Bank
HQ – Chennai; MD & CEO - Shri R. Subramaniakumar; Tagline – Good people to grow with;
Indian Overseas Bank launches retail mart in Thiruvananthapuram
Indian Overseas Bank (IOB), the Lead Bank for Thiruvananthapuram district, has launched the Retail Mart, a
retail lending concept, in Kerala's capital city. The exclusive facility that handles retail products has started
functioning at the main branch.
Indian Overseas Bank has offered Bharat Bill Payment System, introduced by NPCI
Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National
Payments Corporation of India, for its customers. BBPS is an integrated bill payment system that offers inter-
operable online bill payments to customers. The services include online payments of electricity,
telecommunication, DTH, water and gas bills, the Chennai headquartered bank said in a statement. Indian
Overseas Bank is one of the three public sector banks (apart from Bank of Baroda and Union Bank of India) to
get the approval from RBI for providing the service.
FINO Payments Bank
FINO Payment Banks HQ – Mumbai; FINO PayTech CEO – Rishi Gupta
FINO Payments Bank has commenced operations as a payments bank
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
64
FINO Payments Bank has commenced operations as a payments bank with effect from 30th June 2017
according to the Reserve Bank of India. FINO PayTech Ltd, Mumbai, was one of the 11 applicants which were
issued in-principle approval for setting up a payments bank. Besides FINO, the other applicants which have
launched payment bank operations are Airtel M Commerce Services, Department of Posts and Paytm Payments
Bank.
Fino Payments Bank Launches Mobile Banking App
Fino Payments Bank has launched its mobile banking app called BPay. Fino aims to make banking easy for
millions of underbanked people in India. The upgraded BPay app is available on Android at present. The
mobile banking app enables simple, paperless and convenient banking that allows customers to make bill
payments, recharges, fund transfers and buy insurance. An interesting feature of the mobile app is that it allows
customers to seamlessly access wallet as well as savings account, with a single login and interface.
IDBI Bank
IDBI HQ – Mumbai; CEO - Mahesh Kumar Jain; IDBI Bank Slogan – AaoSocheinBada
High rating for code compliance to IDBI Bank done by BCSBI
According to the Code Compliance Rating of banks done by the Banking Codes and Standards Board of India
(BCSBI) 2017, only one (IDBI Bank) out of 26 public sector banks and eight out of 17 private sector banks got
‗high‘ rating for their adherence to code compliance.The eight private sector banks that got ‗high‘ rating are-
Axis Bank, DCB Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank and YES
Bank. The three foreign banks are Citibank, HSBC and Standard Chartered Bank, that were surveyed got
‗high‘ ranking.
Useful Info
BCSBI - Banking Codes and Standards Board of India
HQ – Mumbai
Chairman – A.C. Mahajan
IDBI Bank has started insolvency resolution process against LancoInfratech Ltd
IDBI Bank has started insolvency resolution process against LancoInfratech Ltd. following a directive from the
Reserve Bank of India (RBI). While this is the first resolution process initiated by the lenders against 12 large
borrowers identified by the RBI recently. The RBI‘s internal committee identified 12 accounts on the criteria
that they have outstanding loan of Rs 5000 crore and is classified as non-performing loan as in March 2016.
These accounts constitute 25% of total NPAs.
IDBI Bank Launches „Project Nishchay‟ for Turnaround
IDBI Bank has launched „Project Nishchay‟ in partnership with the Boston Consulting Group (BCG) to
accelerate its turnaround program and improve financial performance. The project will be led by senior
management at IDBI Bank along with BCG. BCG will assist the bank to identify areas for cost containment
and revenue maximization leading to sustainable growth and profitability of the Bank.
IndusInd Bank
IndusInd Bank HQ – Mumbai; CEO – RomeshSobti; Owner - Hinduja Group
IndusInd Bank became the 6th Indian bank whose market capitalisation soared past the Rupee 1 lakh
crore-mark
IndusInd Bank became the 6th Indian bank whose market capitalisation soared past the Rupee 1 lakh crore-
mark. HDFC Bank is the country's most valued bank with a market capital of Rupee 4.6 lakh crore, followed
by State Bank of India, and ICICI Bank.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
65
Private sector lender IndusInd Bank and Bharat Financial Inclusion Sign Exclusivity Agreement for
Merger
Private sector lender IndusInd Bank and India's second largest Microfinance companyBharat Financial
Inclusion have signed a confidentiality agreement for the proposed merger between them. The Hinduja
Group controlled bank has informed the exchanges about an ‗exclusivity agreement‘ with the micro lender to
explore merger or expansion plans. The deal between the two companies may formalise after due diligence,
definitive documentation and their shareholders, regulatory, NCLT and other third-party approvals, as
applicable.
Useful Info
Chairman of IndusInd Bank - R. Seshasayee
Headquarters – Mumbai
DBS Bank
Headquarters of DBS Bank - Wognum, Netherlands; MD & CEO of DBS Group - Piyush Gupta
DBS Bank Gets RBI Nod for Subsidiary in India
DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, has received in-
principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally
incorporated wholly-owned subsidiary (WOS) in India. In its guidelines, the RBI had pointed out that the WOS
model for foreign banks in India would involve local incorporation, a local board of directors, and a ring-
fenced capital and assets profile that would not be affected by the impact of global events on its parent. Piyush
Gupta said that the WOS model was important for the bank to grow its domestic franchise and maintain a deep
presence here. He said this would go towards supporting its small and medium enterprise (SME) strategy,
which was constrained by the lack of presence so far.
Useful Info
ICICI Bank
ICICI Bank HQ – Mumbai; CEO – ChandaKochhar; Tagline – Hum Hai Na, KhyalApka
ICICI Bank offers up to Rs 15 lakh instant personal loan via ATMs
Largest private sector lender ICICI Bank will be selling personal loans of up to Rs 15 lakh through its ATMs
that can be availed of by select salaried customers even if they haven't previously applied for one. The facility
offers a bouquet of features - swift application in simple steps, multiple eligible loan amount options up to Rs.
15 lakh based on pre-checked CIBIL scores and instant transfer of the money to the customer‘s account.
ICICI bank launches instant credit card with the limit upto 4 lakhs
ICICI Bank has announced the launch of Instant Credit Card Service that will enable its savings account
customers to get a credit card instantly, in a completely digital and paperless manner.There is a credit limit
of up to Rs 4 lakh based on pre-checked bureau scores.
ICICI Prudential Mutual Fund has launched a new website 'PlanYourGoal.com'
ICICI Prudential Mutual Fund has launched a new website 'PlanYourGoal.com' to help users plan their
investments according to their future financial goals.The website guides the users to plan their big spends,
tax investments as well as the corpus required during retirement. The website also provides recommendations
based on calculations.
State-owned NTPC has signed a term loan agreement for Rs. 3,000 crore with ICICI Bank
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 utilized to part
finance the capital expenditure of NTPC. NTPC had commissioned 3,845 MW capacity and added 2,190 MW
to its commercial capacity during 2016-17.
ICICI Bank Launches „Cashback‟ Home Loans
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
66
India‘s largest private sector lender, ICICI Bank announced a new home loan scheme that offers borrowers
the benefit of 1% cashback on every EMI, for the entire tenure of the loan. The offer will be valid for home
loans with a minimum tenure of 15 years and maximum tenure of 30 years. Customers can choose to adjust the
cashback against principal outstanding of their home loan. The cashback will start to accrue from the first EMI
itself. It will first get credited to the customer after completion of the 36th EMI.
ICICI Lombard Gets SEBI Nod for IPO
ICICI Lombard General Insurance Company has got capital markets regulator SEBI's go-ahead for its
estimated Rs 6,000 crore initial public offer (IPO). ICICI Lombard is a joint venture between ICICI Bank and
Canada-based Fairfax Financial Holdings Ltd.
ICICI Bank committed financial assistance to Armed Forces
ICICI Bank, the country's largest private sector bank by consolidated assets, committed financial assistance of
Rs. 10 crore to the Indian Armed Forces. This contribution by ICICI Bank would be made in two equal
tranches. This fund will be used for two programs. The first will support post-graduation education of the
widows of the soldiers and education for their wards. The second program will provide financial assistance
for marriages of the daughters of ex-servicemen.
Useful Info
Union Defence Minister – Nirmala Sitharaman
Constituency – Karnataka, Rajya Sabha
New Development Bank
NDB – New Development Bank; Headquarters – Shanghai, China; President –K V Kamath
First regional centre of the New Development Bank Opens in South Africa
The first regional centre of the New Development Bank, set up by India and other BRICS nations, was
officially opened by South African President Jacob Zuma and the bank's Indian head K V Kamath.NDB has
anauthorized capital of the bank is USD 100 billion. In 2018 it is expected to present about 15 to 20 projects
involving a total lending of about USD 4 billion for the boards consideration.
Five banks of the BRICS Bank Cooperation Mechanism have agreed to establish credit lines
Five banks of the BRICS Bank Cooperation Mechanism have agreed to establish credit lines in the national
currencies and cooperate on credit ratings. The agreement to this effect was signed ahead of the BRICS
Summit in China‟s Xiamen city. Brazilian Development Bank,Vnesheconombank, Export-Import Bank of
India, China Development Bank and Development Bank of South Africa signed the agreement in Beijing.
Ahead of the BRICS summit, the New Development Bank (NDB) of the BRICS countries has approved 1.4
billion US dollar loans for sustainable development projects in India, Russia and China.
Useful Info
BRICS Countries
Brazil – Brasília, Brazilian real
Russia – Moscow, Russian Ruble
India – New Delhi, Indian Rupee
China – Beijing, Renminbi (Yuan)
South Africa – Cape Town, Pretoria, Bloemfontein, Currency - South African Rand
China is hosting the 9th BRICS Summit.
The theme of the 9th BRICS Summit is "Stronger Partnership for a better future".
Vijaya bank
Vijaya bank HQ – Bengaluru; Present MD & CEO - Dr. R A Sankara Narayanan
Slogan – A friend you can bank upon
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
67
100 digital villages in various States of the country to be developed by vijaya bank
Vijaya Bank is going to develop as many as 100 digital villages in various States of the country as part of its
initiative to promote digital banking among the rural population.
Useful Info
Vijaya Bank opens self-employment training institute in Indore
Vijaya Bank has disbursed loan sanction letters to beneficiaries who were trained at the Vijaya Bank Self
Employment Training Institute (VIBSETI) in Bhenslay Village, Indore, Madhya Pradesh.
HDFC Bank
Headquarters of HDFC Bank – Mumbai; MD – AdityaPuri; Tagline –We Understand Your World
HDFC Bank Revises Interest Rates On Saving Accounts
HDFC Bank Ltd has announced a revision in its savings bank interest rate effective August 19, 2017. Post
revision, customers maintaining savings bank account balance of Rs 50 lakh and above will continue to
earn interest at 4 per cent per annum. Customers maintaining account balance of below Rs 50 lakh will
earn interest at 3.5 per cent per annum from earlier 4 per cent. The revised rates will be applicable to both
resident and Non-resident customers.
HDFC Bank announced a software upgrade to create a single point-of-sale (PoS) machine
HDFC Bank announced a software upgrade to create a single point-of-sale (PoS) machine which will accept
payments through Unified Payments Interface (UPI), BharatQR, SMS Pay and the bank‟s mobile wallet,
in addition to the traditional mode of swiping cards.The merchant has to do is to update his/her machine
with a software at no cost. The new software will work only on HDFC Bank-issued PoS machines, but will
accept any card or app from any bank/service provider.
HDFC Bank Becomes 2nd Most Valuable Company on BSE
HDFC Bank surpassed Tata Consultancy Services (TCS) to become the country‘s second most valued firm
in terms of market valuation. Shares of HDFC Bank gained 0.93 per cent to Rs. 1,840 (its 52-week high) on
the BSE. Reliance Industries Ltd is the country‟s most valued firm with a market cap of Rs. 5,33,818.72
crore followed by HDFC Bank and TCS in top three list.
HDFC Bank is India‟s Top Brand: BrandZ Top 50 Report
India‘s second largest private sector bank HDFC Bank topped the list of the country‟s top 50 brands
according to a report released by marketing and advertising conglomerate WPP Plc and Kantar Millward
Brown. The bank has retained the top slot for the fourth year in a row. Banks and telcos dominate the listing,
WPP‘s BrandZ Top 50. Airtel is at 2nd spot and State Bank of India is at 3rd. According to the report,
consumption of packaged consumer goods fell 4.2% and 2.4% year on year in November and December 2016
respectively, but recovered 0.6% in March this year and 3.9% in April.
Useful Info
Top three rank Holders
1st – HDFC Bank
2nd
– Airtel
3rd
– State Bank of India
HDFC Life Launched Neo, a Bot for Twitter
HDFC Life Insurance Company has launched 'Neo', a servicing bot for Twitter that uses artificial
intelligence for customer service. This is the second bot put in operation by HDFC Life, after the launch of
SPOK, which was an email bot to answer customer queries. The Neo bot will be available 24/7 and has the
capability to authenticate customers and give frequently sought details, like fund value, sum assured and
premium amount.
IDFC Bank
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
68
IDFC Bank HQ – Mumbai; MD & CEO of IDFC Bank – Sunil Kakar
Private sector lender IDFC Bank has partnered with digital payments company Zeta
Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch „IDFC
Bank Benefits‟. It is a payment solution for corporates that digitizes employee spends and claims, making the
process simple, real-time and paperless.The end-to-end digital solution comprises an IDFC Bank Benefits Card
and Zeta app which integrates the full suite of allowances and reimbursements offered by an employer into one
preloaded card. Employees can also access the Benefits Card via the Zeta app on mobile or web. The Zeta
app offers employees a real time view of spends, reimbursement limits and claims.
KarurVysya Bank
KVB - KarurVysya Bank; Headquarter – Karur, Tamil Nadu; Chairman – Swaminathan
KarurVysya Bank inaugurates AADHAAR enrolment centre in Chennai
Private sector KarurVysyaBankhasunveiled the Aadhaar Enrolment Centre in Chennai.The Unique
Identification Authority of India had advised commercial banks to provide Aadhaar enrolment and updation
facility at various branches.KVB is the first private sector bank to provide Aadhaar Enrolment Centre
service in the country.
Useful Info
Kotak Mahindra Bank
KotakMahindra Bank HQ – Mumbai; Managing Director – UdayKotak;
Tagline: Lets make money simple
Kotak Mahindra Bank has launched Kotak Remit
Kotak Mahindra Bank has launched Kotak Remit — an Aadhaar-based integrated outward forex remittance
solution for both customers and non-customers. The 24x7 forex remittance service offers a completely
paperless process that enables users to register online using Aadhaar and PAN numbers, and initiate
remittances instantly.
Punjab National Bank
HQ – New Delhi; MD & CEO - Sunil Mehta; Tagline: The name you can bank upon
PNB customers have to pay charges for depositing cash above Rs. 5,000 in a non-base branch
PNB customerswill have to pay charges for depositing cashaboveRs. 5,000 in a non-base branch even if it is
located in the same city. Currently, the customers of Punjab National Bank have levied charges only for
depositing cash over Rs. 25,000 at a non-base branch within the same city.It has been decided to revise the
non-credit related charges (exclusive of GST) with effect from September 1st, 2017 for cash deposit above Rs.
5,000 at other than base branch within the same city.
Syndicate Bank
Syndicate Bank HQ – Manipal, Karnataka; MD & CEO of Syndicate Bank - MelwynRego
Tagline – Your faithful and friendly financial partner
Syndicate Bank Cuts Savings Account Interest Rate by 0.5%
Public sector Syndicate Bank has cut savings account interest rate by 0.50 percent to 3.50 percent for
deposits up to Rs 25 lakh. The bank has revised rate of interest on savings bank deposits with effect from
October 10 to 3.50 percent from 4 percent existing rate. For the deposits above Rs 25 lakh, the interest rate is
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
69
unchanged at 4 percent. With this, Syndicate Bank has joined over two-dozen banks, both from the public and
private sector, who have cut the interest rate on deposits in various quantum.
Karnataka Bank
Karnataka Bank HQ – Mangaluru; MD & CEO - P.Jayarama Bhat
Tagline: Your family bank across India
Karnataka Bank has raised interest rates on savings bank account, 5% for Above 1 Core Deposit, 3% for
below 1 lakh Deposit
Karnataka Bank has raised interest rates on savings bank account for large balance above Rs 1 crore to 5%
while for small balances below Rs 1 lakh, the bank has reduced it to 3%. Earlier the private bank was charging
4% irrespective of the amount in the account. Karnataka Bank has said that the bank will offer 4% on deposits
in savings account between Rs 50 lakhs and Rs 1 crore. For deposits between Rs 1 lakh and Rs 50 lakhs, the
bank will offer 3.5%. The reduction in rate will be with immediate effect.
Yes Bank
Yes Bank HQ – Mumbai; MD & CEO – RanaKapoor; Tagline of Yes Bank – Experience our Expertise
Hike Messenger launched the new version of the app in collaboration with Yes Bank
Hike Messenger launched the new version of the app with a completely new interface and the addition of a
mobile wallet, in partnership with YES Bank. With Unified Payments Interface support enabled in Hike 5.0,
users can now do free and instant bank-to-bank transfers with their friends. The feature works even if your
friends aren't on Hike.
Useful Info
CEO of Hike Messenger - KavinBharti Mittal
Indus OS partners with YES Bank to launch OS-integrated UPI platform
Indus OS has partnered with YES Bank to launch OS-integrated UPI (Unified Payment Interface) payment
platform in India. Users with Indus OS will be able to use this UPI payment platform on SMS, dialler interface,
and on third party apps like WhatsApp. This means P2P transactions, as well as utility payments, can be made
via SMS or messaging. The platform is expected to launch in this quarter.
Useful Info
CEO of Indus OS - RakeshDeshmukh
YES BANK Launches „YES GST‟ Program to Assist MSMEs
YES Bank, India‘s fourth largest private sector bank, along with YES Global Institute has launched ‗YES
GST‘ program for MSMEs (Micro, Small and Medium Enterprises) under its MSME CSR initiative, ‗Say YES
to Sustainable MSMEs in India‘. Through the program, the bank will help MSMEs to understand the impact of
the changes in tax system and prepare them to know the new GST tax system. YES Bank has also launched
GST-Ready products for MSMEs.
Useful Info
Union Minister for Micro, Small and Medium Enterprises – Kalraj Mishra
Constituency – Deoria (Uttar Pradesh)
Other Banking News
India ranks the top in Global Retail Development Index (GRDI)
The 16th edition of the 2017 Global Retail Development Index (GRDI) ranks the top 30 developing countries
for retail investment worldwide and analyzed 25 macroeconomic and retail-specific variables.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
70
Useful Info
Top three ranks – India, China, Malaysia
The GRDI 2017 was titled as 'The Age of Focus'
India tops global remittance-receiving list
India has claimed the top spot among the remittance-receiving nations, surpassing China. The United Nations,
in its report, said Indians working across the globe sent home 62.7 billion US dollars last year.The 'One Family
at a Time' study by the UN International Fund for Agricultural Development said, about 200 million migrants
globally sent more than 445 billion dollars as remittances in 2016 to their families.Remittance flows have
grown over the last decade from 296 billion in 2007 to 445 billion dollars in 2016.
Export of spices & spice products achieves growth of 12 % in 2016-17
The export of spices and spice products achieved a growth of 12 per cent during 2016-17.According to Spices
Board in Kochi, 9.48 lakhs tons of spices were exported earning over 17 thousand crorerupee.In 2015-16, the
country had exported 8.43 lakhs tons worth around 16 thousand crores.Chilli continued to be the most sought
after spice, registering an increase of 27 per cent in value in the last fiscal year.Cumin was the second most
exported spice recording a rise of 22 per cent in quantity and 28 per cent in value.
Useful Info
City of Spices – Kozhikode (Calicut), Kerala
Indian Institute of Spices Research (IISR) - Kozhikode (Calicut), Kerala
USD 250-million loan for making Indian youth more employable through reskilling approved by World
Bank
The World Bank has cleared a USD 250-million loan for making Indian youth more employable through
reskilling, in a move that is seen to aid the Skill India Mission. Under the program, adults in 15-59 years of
age, underemployed or unemployed, will get the skill training.
Useful Info
World Bank HQ – Washington D.C
President - Jim Yong Kim
Founded in 1944
Current US President – Donald Trump
Current US Vice President - Mike Pence
AU Small Finance Bank placed on „caution list‟
A day ahead of its IPO, AUSmall Finance Bank has beenplaced under the caution listby the Reserve Bank
tomonitor the foreignshareholding of the companywhich is hovering around thepermissible limit of 49%.AU
Small Finance Bank‘s1,912 crorerupees initial publicoffering (IPO), at a price bandof 355-358 rupees per
share,begins.
Useful Info
AU Small Finance Bank HQ – Jaipur
Brexit to impact €20 billion hole in EU budget
Britain‘s withdrawal from theEU could leavethe remaining27 nations with a €20-billionhole in their budget to
ill, EUbudgetcommissionerGuentherOettingersaid,calling on the bloc to improveefficiency of itsspendinginthe
wake of Brexit in March2019.
Useful Info
EU - European Union
HQ - City of Brussels, Belgium
Founded - 1 November 1993, Maastricht, Netherlands
Credit card bill payment exempt from cash dealing limit of Rs 2 lakh
Revenue department has said that restrictions on cash dealings of two lakh rupees or more will not apply to
credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments. The
Finance Act 2017 banned cash transaction of 2 lakh rupees or above with effect 1st of April this year.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
71
Canara, HSBC, Oriental Bank of Commerce Life Insurance ties up with Dhanlaxmi Bank for marketing
bancassurance
Private life insurance companyCanara HSBC Oriental Bank of Commerce Life Insurance has entered into an
alliance with the Kerala based Dhanlaxmi Bank for marketing various life insurance products. As part of the
agreement, the Bank will be a corporate agent for 3 years. All the life insurance products of Canara HSBC
Oriental Bank of Commerce Life Insurance would be made available to customers of Dhanlaxmi Bank and
would be sold by the licensed staff of the bank.
Useful Info
HQ of Dhanlaxmi Bank – Thrissur, Kerala
Tagline – Tann. Mann. Dhan
MD & CEO - G. Sreeram
China's biggest banks lost $15 billion value in a week
China's biggest banks, including Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of
China, lost a combined $15 billion (nearly 97,000 crore rupees) in value in a week.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi – Yuan
President – Xi Jinping
ICBC - Industrial and Commercial Bank of China
HQ – Xicheng District, Beijing, China
Agriculture Bank of China
HQ – Beijing, China
The Bank of England unveiled a new polymer £10 note featuring 19th century novelist Jane Austen
The Bank of England unveiled a new polymer £10 note featuring 19th century novelist Jane Austen, in a move
to replace paper £5, £10 and £20 with secure plastic notes. This makes Austen the only woman other than
Queen Elizabeth to be featured on a polymer British bank note. This note's introduction marks the 200th
anniversary of Austen's death.
Useful Info
Bank of England – It is the central bank of the United Kingdom
HQ - Threadneedle Street London, EC2 England
Country – United Kingdom
Capital – London
Currency – Pound Sterling
Aurionpro launches a Bank in a Box to reduce branch expansion cost for banks
Aurionpro Solutions a global leader in digital innovation, enterprise security and banking solutions, announced
its Branch-in-a-Box product, the Virtual Teller Machine (VTM) a fully integrated self-service kiosk for
automating 90% of banking transactions at the branch level. The VTM helps in migrating routine transactions
like eKYC, account opening, passbook and statement printing, video assistance, bill payment, cash and
cheques (single and bunched) deposit, cheque account summary, cash withdrawal, personalised instant card
issuance, activation and replacement from the branch to the teller machines.
Useful Info
Aurionpro Solutions
Corporate HQ – Mumbai
US Headquarter - San Ramon, California
CEO - Samir Shah
Standard Chartered Bank has launched a Multi-currency Forex Card for overseas travelers
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
72
Standard Chartered Bank has launched a Multi-currency Forex Card for overseas travelers. The card will allow
customers the convenience of loading up to 20 widely used currencies on one card with an online reload
facility during overseas travel. The card will offer travelers protection against the frequent currency
fluctuations by locking in the currency exchange rate they availed during the time of loading the card, and not
pay different rates every time they use the card.
Useful Info
Standard Chartered Bank HQ – London, England
Chairman - Jose Vinals
Bolivia has declared "total independence" from the International Monetary Fund (IMF) and World Bank
Bolivia's President Evo Morales has declared "total independence" from the International Monetary Fund
(IMF) and World Bank. Last year, Bolivia has announced that it will no longer respond to their demands.
Useful Info
IMF – International Monetary Fund
HQ – Washington D.C
World Bank HQ – Washington D.C
Country – Bolivia
Capital – Sucre
Currency - Bolivian boliviano
SIDBI has started full-fledged merchant banking operations to benefit MSMEs
Small Industries Development Bank of India (SIDBI) has started full-fledged merchant banking operations to
benefit the expanding number of growth-oriented micro, small and medium enterprises (MSMEs), especially
those with a strong technology and innovation quotient. The initiative is aimed at enhancing the access of
MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading Platform.
Useful Info
SIDBI - Small Industries Development Bank of India
HQ – Lucknow
Chairman and Managing Director - KshatrapatiShivaji
SIDBI was established in the year 1990
RBI allows NBFCs to sell and market the new pension scheme
The Reserve Bank of India has allowed systematically important non-banking finance companies (NBFCs) to
sell and market the new pension scheme (NPS). NBFCs with asset size of Rs500 crore and above that have
made a net profit in the preceding financial year be permitted to sell NPS to their clients after registration with
the pension regulator.
Useful Info
IRDAI - Insurance Regulatory and Development Authority of India
HQ – Hyderabad
Chairman – T.S. Vijayan
RBI - Reserve Bank of India
Governor – Urjit Patel
IBBI Registered National E-Governance Services Ltd as Information Utility
The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services
Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017.
With this NeSL has become the first IU registered by the IBBI and the registration is valid for five years
from the date of registration. Information Utility stores financial information that helps to establish defaults as
well as verify claims expeditiously and facilitates completion of transactions under the Insolvency and
Bankruptcy Code in a time-bound manner.
Useful Info
IBBI - Insolvency and Bankruptcy Board of India
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
73
Chairperson of IBBI - M. S. Sahoo
Stock markets falls across globe, Sensex slumps 240 points
Stock markets have fallen across the globe, today. At home, after a weak opening, the Sensex at the Bombay
Stock Exchange lost considerably more ground, and had slumped 240 points, or 0.8 percent, to 31,653 a short
while ago. The Nifty at the National Stock Exchange had dropped 83 points, to 9,891.
Useful Info
Indian Stock Exchanges
BSE – Bombay Stock Exchange
NSE – National Stock Exchange
Other Important Stock Exchanges in the world
New York Stock Exchange
Hong Kong Stock Exchange
Tokyo Stock Exchange
London Stock Exchange
Shanghai Stock Exchange
US banking regulators ordered Pakistan‟s Habib Bank to shutter its New York office
US banking regulators ordered Pakistan‟s Habib Bank to shutter its New York office after nearly 40 years,
for repeatedly failing to heed concerns over possible terrorist financing and money laundering. The state‘s
Department of Financial Services, which regulates foreign banks, also slapped a 225 million Dollars fine on the
bank. In 2006, it was ordered to tighten Habib Bank's oversight of potentially illegal transactions but failed to
comply.
Useful Info
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
Fiscal deficit touches 92.4% of budget estimates at July-end
India‟s fiscal deficit at July- end touched 92.4 % of the budget mainly because of front loading of
expenditure by various government departments. In absolute terms, the fiscal deficit- difference between
expenditure and revenue - was Rs 5.04 lakh croreduring April- July 2017-18, according to the data of
Controller General of Accounts (CGA). During the same period of last financial year, 2016-17, it was 73.7
% of the target. For 2017-18, the government aims to bring down the fiscal deficit to 3.2 % of the GDP. Last
fiscal, it had met the deficit target of 3.5 % of the GDP.
21st GST Council meeting underway in Hyderabad
The 21st meeting of the Goods and Services Tax (GST) Council has begun under the chairmanship of Union
Finance Minister ArunJaitley in Hyderabad.The day-long meeting will discuss several aspects relating to the
implementation of the GST including the IT systems of the Goods and Services Tax Network, the problems
being encountered during the tax return filing process and the difficulties faced by industry in filing GST
returns.GST council will also take a final call over the demands raised by several states like Telangana to
further reduce the GST on public interest projects like irrigation and road development.
Finance Minister ArunJaitley Constitutes GoM to Monitor IT Challenge in GST
Finance Minister ArunJaitley has constituted a Group of Ministers (GoM) headed by Bihar Deputy Chief
Minister Sushil Kumar Modi to monitor and resolve the IT challenges faced in the implementation of GST.
The GoM will be assisted by the Chairman and Chief Executive Officer of Goods and Services Tax Network
(GSTN). Besides, a Committee on Exports has also been constituted under the convenorship of the
Revenue Secretary Dr.HasmukhAdhia to look at the issues of export sector and to recommend the GST
Council suitable strategy for helping the export sector in the post-GST scenario.
Useful Info
Union minster for Finance – Arunjaitley
Constituency – Gujarat, RajyaSabha
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
74
Peer-to-peer Lending Platforms to be Treated as NBFCs
After a year or more of due-diligence, the RBI has notified that peer-to-peer (P2P) lending platforms need to
be regulated and treated on par with non-banking financial companies (NBFCs).The final regulatory
framework for P2P lenders is still awaited. Few important P2P lending platforms in India are LenDen Club,
Faircent, Qbera, Lendbox, Rupaiya Exchange and Monexo.
Useful Info
NBFC - Non-banking financial companies
World Trade to Grow at Higher 3.6% in 2017: WTO
World trade in goods is estimated to grow at a higher 3.6 percent in 2017 compared to 1.6 percent increase
in 2016, according to revised estimates circulated by the World Trade Organisation. Growth in global trade
was earlier projected at 2.4 percent in 2017 by the WTO, which attributed the improved outlook to a resurgence
of Asian trade flows. This was mainly due to intra-regional shipments picking up and a recovery in import
demand in North America.
Useful Info
WTO – World Trade Organisation
Headquarters – Geneva, Switzerland
Director-General of the WTO - Roberto Azevêdo
India growing pretty robustly: World Bank President
World Bank President Jim Kim has said India has been growing pretty robustly. Speaking at the Bloomberg
Global Business Forum meeting in New York , Kim said Japan, Europe and the US along with India were
growing and there was a levelling-out in developing countries. He called for more cooperation among the
multilateral system, private sector and the governments to take advantage of the current win-win situation.
Useful Info
World Bank HQ – Washington D.C
President of World Bank – Jim Kim
Government Keeps Interest Rates Unchanged on Small Savings Schemes
Ahead of monetary policy review, the government has kept unchanged the interest rates on small savings
schemes like PPF, KisanVikasPatra and SukanyaSamriddhi for October-December quarter. Investments in
the Public Provident Fund (PPF) scheme will fetch annual rate of 7.8 percent while KisanVikasPatra
(KVP) investments will yield 7.5 percent and mature in 115 months. The one for girl child savings,
SukanyaSamriddhi Account Scheme will offer 8.3 percent annually. Similarly, the investment on 5-year
Senior Citizens Savings Scheme will yield 8.3 percent. The interest rate on the senior citizens scheme is paid
quarterly.
Useful Info
SukanyaSamriddhi Account can be opened up to age of 10 years only from the date of birth.
The normal Premature closure will be allowed after completion of 18 years provided that girl is married under the
SukanyaSamriddhi Account Scheme.
Senior Citizen Savings Scheme (SCSS) Account- An individual of the Age of 60 years or more may open the
account.
National Savings Certificates (NSC) Scheme specially designed for Government employees, Businessmen and
other salaried classes who are Income Tax assesses.
Govt to exempt small exporters from furnishing bank guarantee for shipping goods & services
Government has decided to exempt small exporters from furnishing bank guarantee for shipping goods and
services. In a statement, Finance Ministry said that to facilitate exports under GST, it has been decided that the
facility of furnishing Letter of Undertaking, in place of a bond, for exporting goods and services shall be
allowed to exporters and no bank guarantee will be required. The decision comes a day after exporters met
Finance Minister ArunJaitley for resolution of GST-related problems to boost overseas shipments.
Useful Info
Union Minister for Finance - ArunJaitley
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
75
Constituency – Gujarat, RajyaSabha
World's Biggest Wealth Fund Hits $1 Trillion Value For First Time
Norway's sovereign wealth fund, the largest in the world, reached the value of $1 trillion for the first time.
This amount equals nearly $189,000 (157,000 euros) for each of the 5.3 million people living in Norway. The
fund mainly invests in stocks (accounting for 65.1 per cent of the portfolio at the end of the second quarter), but
also in bonds and real estate. With stakes in nearly 9,000 companies, it owns 1.3 per cent of the world's market
capitalization, and 2.3 per cent in Europe.
Useful Info
Country – Norway
Capital – Oslo
Currency - Norwegian krone
HSBC
HSBC Launches App to Track Trade Transactions
HSBC (Hongkong and Shanghai Banking Corporation) announced the launch of a mobile app - Trade
Transaction Tracker - to help customers track the status of their trade transactions on a real-time basis. This
feature has been built into the existing HSBCnet mobile application and has been launched in selected
countries in which HSBC operates, including India. It will provide a global view of import and export
documentary credit and collections transactions, across markets in one single app.
Useful Info
HSBC Headquarters - London, United Kingdom
US central bank fines HSBC $175 mn for Lax Forex Oversight
The US central bank has fined global banking giant HSBC $175 million for failing to oversee foreign
exchange traders who misused confidential client information and colluded with traders at competing banks.
Between 2008 and 2013, the bank failed to detect misconduct by senior traders, including its global head of
foreign exchange cash trading, according to the Federal Reserve. The enforcement action comes two months
after the Fed also fined BNP Paribas USD 246 million over similar violations. HSBC was one of six major
US and European banks fined a total of $4.2 billion by global regulators in a November 2014 crackdown for
attempted manipulation of the foreign exchange market.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
The Federal Reserve System is the privately owned central banking system of the United States.
SEBI
SEBI committee headed by UdayKotak
The Securities and ExchangeBoard of India (SEBI) hasformed a committee under the chairmanship of
UdayKotak, executive vice chairman and managing director, Kotak Mahindra Bank to advise on
corporategovernance issues.
SEBI relaxes norms for banks to take over stressed assets of listed companies to recover bad loans
Capital markets regulator, SEBI (Securities Exchange Board of India) relaxed takeover norms for the
acquisition of stressed assets of listed companies to help the government and the RBI in their efforts to tackle
bad loans. SEBI Chairman Ajay Tyagi took the decision after a board meeting in Mumbai.
Useful Info
SEBI HQ – Mumbai
Chairman - Ajay Tyagi
SEBI Allows Multi Commodity Exchange(MCX) to launch Gold Options
The Multi Commodity Exchange Ltd (MCX), the country‘s largest commodity exchange has received capital
markets regulator Securities and Exchange Board of India‟s (Sebi) approval to launch options trading in
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
76
gold.It will allow investors and hedgers to minimise their price risk at a fraction of cost compared to currently
available futures trading.
Useful Info
MCX - Multi Commodity Exchange
Managing Director of MCX - MurgankParanjape
Markets regulator SEBI has introduced an online registration mechanism for custodians of securities
Markets regulator SEBI has introduced an online registration mechanism for custodians of securities to
make it convenient for them to do business.The new system would help custodian of securities to complete
registration and other regulatory filings with Sebi much faster and in a cost-effective manner.
Useful Info
SEBI – Securities and Exchange Board of India
Headquarters – Mumbai
Chairman - Ajay Tyagi
Markets regulator SEBI barred Orion Capital as well as Orion Broking from Markets for 10 years
Markets regulator SEBI barred Orion Capital as well as Orion Broking and their partners from the
securities markets for 10 years for failing to redress several investor grievances pertaining to non- settlement of
funds due to the clients. The nature of investor complaints received against both the firms are predominantly on
non-settlement of the funds and securities and balances due to their clients. The claim amount is more than Rs
6 crore against Orion Capital and over Rs 4 crore against Orion Broking.
Useful Info
SEBI – Securities and Exchange Board of India
Headquarters – Mumbai
Chairperson – Ajay Tyagi
SEBI Advisory Committee to Discuss Trading Hours Extension
An advisory committee of the Securities and Exchange Board of India is likely to discuss a proposal for
extending stock market trading hours. The stock market in India currently opens at 9 a.m. and closes at 3.30
p.m., but there is a view, including among stock exchanges, that the trade hours could be extended till up to
7.30 p.m. to better align domestic trading with global markets. The 19-member committee is led by Jayanth
R Varma, professor, Indian Institute of Management, Ahmedabad. The move to extend trading timings will
only serve to push up costs and will hurt small and medium brokers the most.
SEBI Allows Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to Issue
Bonds
The Securities and Exchange Board of India (SEBI) allowed Infrastructure Investment Trusts (InvITs)
and Real Estate Investment Trusts (REITs) to raise capital by issuing debt securities. The move will help
attract investors to the capital-starved property sector. In addition to allowing bond issuances, SEBI also
introduced the concept of strategic investor for REITs, similar to InvITs.
FINANCIAL & ECONOMIC AFFAIRS
C.K. Birla Group firm Orient Cement to buy 2 cement units of Jaypee Group for 1946 crore rupees
C.K. Birla Group firm Orient Cement signed definitive agreements with Manoj Gaur-led Jaypee Group to
acquire two of its cement unitsfor 1,946 crore rupees. The first agreement was signed by Orient Cement to buy
74% stake in the Bhilai unit of Jaypee Cement at an enterprise value of 1,450crore rupees.
Bharat Electronics Ltd to spend 2500 crore rupees on defence Research & Development
Bharat Electronics Ltd.(BEL) plans to spend 2,500 crore rupees on R&D to develop and enhance indigenous
products and technologies for the military by 2020.As part of the R&D plan, BEL‘s board approved 274crore
rupees budget for developing the QR-SAM (quick reaction surface-to-air missile)for the armed forces with
technology partner DRDO.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
77
Useful Info:
Bharat Electronics Ltd HQ – Bengaluru
Chairman & MD - M.V. Gowtama
Bharti Airtel, Telenor merger approved by SEBI
Bharti Airtel announced that it has received the approval of the Securities and Exchange Board of India (SEBI),
BSEand NSE for the proposed scheme of merger between Airtel and Telenor (India) Communications Private
Limited. Bharti Airtel further stated that Telenor India and Airtel had filed the joint company application before
the New Delhi Bench of the National Company Law Tribunal for approval.
Useful Info
Telenor HQ - Fornebu, Bærum, Norway
Country – Norway
Capital – Oslo
Currency - Norwegian krone
Vice chairman of National Stock Exchange Mr.Ravi Narain resigns
Ravi Narain, Vice Chairman of National Stock Exchange, has quit from the board of the country's largest
bourse by profits.
Updated GST rates for Gold & Diamonds
The Council also cleared the rules regarding return filing, and transitional provisions. Union Finance, Defence
and Corporate Affairs Minister Arun Jaitley, while briefing the media following the conclusion of the one-day
meeting, said gold, silver, and diamonds would be placed in a new rate category of 3% while rough
diamonds would attract a nominal rate of 0.25%.Biscuits, currently taxed at a combined State and central tax
rate of 20-23%,have been placed in the 18%GST rate category.
Useful Info
GST Rates 03/6/2017 Main Highlights
For gold, the GST has been set at 3 per cent introducing a new tax slab
GST of 12 per cent will be levied on readymade garments
Footwear upto Rs 500 is charged at 5% and above it is 18%
GST on Agri machinery fixed at 5 per cent
GST on apparel below Rs 1,000 fixed at 5 per cent
A nominal rate of 0.25 imposed on rough diamond
0 per cent tax on Jute
GST Council will set up committee to look into complaints regarding anti-profiteering clause, said
Arun Jaitley
Bidi to be taxed at 28% without cess. However Beedis are still under discussion, no proposal of cess for
beedis
GST rate for gold fixed at 3 per cent
Gold, gems, jewellery to be taxed at 3 per cent
Footwear priced below Rs 500 to be taxed at 5%, the rest at 18%
Readymade garments to attract 12% GST; Yarn and fabric cotton 5 per cent
GST on all biscuits to be 18%
Consumers might also see some hike in garment prices
India will remain among top 3 investment destinations till ‟2019‟
India will remain among the top three investment destinations globally till 2019, according to a survey by the
United Nations Conference on Trade and Development(UNCTAD).UNCTAD‘s World Investment Report
2017 also said India ranked 10th in terms of FDI inflows in 2016, with$44 billion coming in, as in2015. Over
the next two years, India will be behind only the U.S. and China in terms of investment attractiveness.
Useful Info
UNCTAD - United Nations Conference on Trade and Development
HQ – Geneva
GMR Infrastructure bags €850 mn Crete airport project in Greece
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
78
GMR Infrastructure subsidiary GMR Airports Ltd in partnership with Greek infrastructure firm Terna S.A.,has
bagged a project worth of €850 mn to develop ,operate and manage the new Kastelli international airport at
Heraklionin Greece‘s Crete Island.
Useful Info
GMR Infrastructure HQ – New Delhi
Country – Greece
Capital – Athens
Currency – Euro
iVoomi plans 250 crore rupees phone factory in India
Chinese smartphone maker iVoomi plans to make phones in India with an initial investment of 250crore rupees
and export handsets to countries like China, Taiwan and Korea. The company expects to have its
manufacturing facility in the country by the first quarter of 2018.
Useful Info
Ivoomi India CEO – Ashwin Bhandari
Country – China
Capital – Beijing
Currency – Renminbiyuan
President – Xi Jinping
World Bank approves over $500 million for Afghanistan to boost economy
The World Bank has approved financing worth more than 500 million dollars for Afghanistan to support a
string of projects to boost the economy, help improve service delivery in five cities and support Afghan
refugees sent back from Pakistan.
Useful Info
World Bank HQ – Washington D.C
President - Jim Yong Kim
Country – Afghanistan
Capital – Kabul
Currency – Afghan afghani
Parliament of Afghanistan - National Assembly also known as Afghan Parliament
Tesla beats BMW to become world's 4th most valuable carmaker behind Toyota, Daimler, and Volkswagen:
Elon Musk-led electric carmaker Tesla's shares rose 1.4%, boosting its market cap to $61.6 billion, about $280
million more than German automobile major BMW. Tesla delivered less than 80,000 vehicles last year and has
only reported two profitable quarters since it was founded in 2003.
Company: Tesla
Headquarters: Palo Alto, California, United States
CEO: Elon Musk
Amazon to buy Whole Foods for USD 13.7 billion
Amazon.com Inc. said it would buy U.S. organic supermarket chain Whole Foods Market Inc. for$13.7 billion,
including debt, marking the Internet retailer‘s largest deal and biggest foray into the brick-and-mortar retail
sector.
Useful Info
Amazon HQ – Seattle, Washington, United States
CEO – Jeff Bezos
Rs 87 crore fine for Hyundai Motor India for anti-competitive conduct
CCI has imposed a penalty of Rs 87 crore on Korean carmaker Hyundai Motor India for anticompetitive
conduct. According to the Competition Commission of India (CCI), the carmaker imposed arrangements upon
its dealers that resulted in resale price maintenance. Such arrangements also included monitoring of the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
79
maximum permissible discount levels through a Discount Control Mechanism, in contravention of the
provisions of Section 3(4)(e) read with Section 3(1) of the Competition Act, 2002.
Useful Info
Hyundai HQ – Seoul, South Korea
CCI HQ – New Delhi
CCI Chairman - Devender Kumar Sikri
R-Cap arm invests 7 cr rupees in start-up Billion loans
Reliance Corporate Advisory Services Ltd., a wholly owned subsidiary of Reliance Capital, has invested 7
crore rupees in Billion loans Financial Services, a start-up that focuses on facilitating loans. V. Balakrishnan,
former board member of Infosys, is currently the chairman of Billionloans. Billionloans would initially focus
on facilitating loans for education and affordable housing and personal loans.
Useful Info
Reliance Capital
HQ – Mumbai
Chairman – Anil Ambani
Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100-million fund Fundamentum
Aadhaar architect Nandan Nilekani and Helion Venture‘s Sanjeev Aggarwal have launched an investment fund
called Fundamentum with a corpus of $100 million to back startups looking for growth capital. The corpus may
be extended to $200 million if the fund sees more opportunities, the two founders said. The fund, which has so
far closed $50 million, will see one-third of the corpus coming from Nilekani and Aggarwal. Fundamentum has
already brought on board six entrepreneurs who will also invest in the fund.
Samsung plans to launch smart speaker powered by Bixby
South Korean electronics maker Samsung plans to launch a standalone smart speaker powered by its own voice
assistant technology 'Bixby', according to a report by The Wall Street Journal. The speaker, codenamed Vega,
has been in the works for over a year. If launched, the speaker will compete with Amazon Echo, Apple Home
Pod, and Google Home.
Company: Samsung
Head quarters: Seoul, South Korea
Microsoft to equip 55000 Indian schools with digital classes:
Microsoft India signed a Memorandum of Understanding with National Independent Schools Alliance (NISA)
to equip 55,000 schools across 23 Indian states with digital classrooms. This partnership aims to create an
enabling ecosystem for schools to improve accessibility, affordability, and quality of education. NISA currently
caters to over 90 lakh students across the country
Company: Microsoft India
Head quarters: Gurugram
Telcos lost market share in 2016 due to Jio: TRAI report:
With Jio claiming 6.4% market share in 2016, telecom majors Airtel, Vodafone and Idea saw their market
shares drop, data by Telecom Regulatory Authority of India (TRAI) suggests. Country's largest operator
Airtel's market share dropped 0.49% reaching 23.58% even as its subscriber base increased 9.3%. Similarly
Vodafone's market share dropped 1% despite adding 1.1 crore new users.
Organisation: Telecom Regulatory Authority of India
Headquarters: New Delhi
Chairman: R. S. Sharma
Japan‟s Tokio Marine raises stake in JV to 49%
Japan‘s Tokio Marine Asia raised its stake in a 17-year old general insurance joint venture with India‘s
fertilizer co-operative IFFCO from 26% to 49% at a cost of 2,530 crore rupees, in a transaction approved by the
IFFCO board.
Useful Info
IFFCO - Indian Farmers Fertiliser Cooperative Limited
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
80
HQ – New Delhi
Tokio Marine Holdings, Inc – It is a multinational insurance holding company
HQ – Tokyo, Japan
India has slipped by one spot to become the fourth-largest foreign investor into the UK
India has slipped by one spot to become the fourth-largest foreign investor into the UK, according to the
official figures released. The US remains on the top, investing in 577 projects in the UK, with China (including
Hong Kong) remaining in second place with 160 projects. India set up 127 new projects in Britain last year and
safeguarded 7,645 existing jobs as a result and created 3,999 new jobs in 2016-17.India shares the fourth spot
with Australia and New Zealand, which also set up 127 projects collectively.
Useful Info
Country – United Kingdom
Capital – London
Currency - Pound sterling
PM - Theresa May
India‟s GDP growth is to be higher at 6.6% in the June quarter: Nomura
India‘s GDP growth is to be higher at 6.6% in the June quarter from the previous three months this year.
According to Nomura it is expected average GDP growth in Q2 (April-June) to be modestly higher at 6.6%
from 6.1% in Q1 (January-March).In the second half (H2) of 2017, growth recovery is expected to accelerate to
7.4%. The pick-up growth numbers in the second half is likely to be led by a recommencement of production
after GST, ongoing remonetisation, normal monsoons, stronger rural consumption and easier financial
conditions (lower lending rates, liquidity).
Useful Info
Nomura Holdings, Inc. is a Japanese financial holding company, and a principal member of the Nomura Group.
Nomura HQ - Minato, Tokyo, Japan
CEO - Koji Nagai
Chaudhary Birender Singh said that first time India has become a net export country in Steel
Minister for Steel Chaudhary Birender Singh said that first time India has become a net export country in Steel.
It has been announced on 31st of July 2017. The steel imports in the country have gone down by 39% and
exports have gone up by 102% last year. Crude steel production has registered 3.5% during April-June 2017-
18.
Useful Info
Union Minister for Steel – Chaudhary Birender Singh
Constituency – Haryana, Rajya Sabha
Finance Minister Arun Jaitley announces new ETF-Bharat-22, Sectoral cap set at 20%
Finance Minister Arun Jaitley launched a new Exchange Traded Fund (ETF) under the name Bharat 22,
comprising shares of 22 companies from 6 sectors of the economy. This decision comes on the basis of past
experiments with CPSE-ETF which proved to be successful. The ETF will feature four banking stocks — SBI,
Axis Bank, Bank of Baroda and Indian Bank — other than CPSEs such as Nalco, ONGC, IOC, BPCL and Coal
India. Besides, there will be nine other PSUs as well as REC and PFC.
Useful Info
Union Finance Minister – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
MobiKwik has entered into a strategic partnership with Bajaj Finance
Mobile wallet major MobiKwik has entered into a strategic partnership with Bajaj Finance to transform itself
into a financial services app from a payments app at present. Under this partnership, Bajaj Finance has picked
up 10.83 per cent equity stake in MobiKwik for about Rs. 225 crore and will offer its lending (purchase
finance, credit card, mortgage loans and personal loans) and insurance products to be sold through the
MobiKwik app.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
81
Mobikwik HQ – Gurugram
CEO of Mobikwik - : Bipin Preet Singh
Bajaj Finance HQ – Pune
Government revises the base year of All-India Wholesale Price Index (WPI) from 2004-05 to 2011-12
Arjun Ram Meghwal, Minister of State for Finance and Corporate Affairs stated that Government has revised
the base year of All-India Wholesale Price Index (WPI) from 2004-05 to 2011-12.The revised basket of
WPI and its weighting structure conform to the structure of economy in 2011-12. The number of items in the
basket has increased from 676 to 697 and the number of price quotations has increased from 5482 to 8331.
Useful Info
Minister of State for Finance and Corporate Affairs – Arjun Ram Meghwal
Constituency – Bikaner, Rajasthan
Present Minister of State for Finance and Corporate Affairs is Shri P.P. Chaudhary
GST Council, has decided to raise cess on Luxury cars & SUV from 15% now to up to 25%
Sports utility vehicles (SUVs) and luxury cars, which became cheaper after the rollout of the goods and
services tax (GST), may now cost more as the GST Council, has decided to raise cess on them from 15% now
to up to 25%.The proposal to raise the ceiling of cess covers large motor vehicles with capacity for 10-13
persons, mid segment and large cars, sports utility vehicles, mid segment hybrid cars and other hybrid
vehicles, all of which at present attract 15% cess.
Useful Info
GST Council Chairman – Arun Jaitley
Mastercard and PayPal have expand their partnership into Asia Pacific
Mastercard and PayPal have announced an extension of their partnership into Asia Pacific for making
MasterCard a clear payment option within PayPal.PayPal will add Mastercard as a payment method to their e-
wallet and consumers can make it their default payment option.
Indian Railways has earned additional revenue of Rs 540 crore in less than a year through the flexi fare
scheme
The Railways has earned additional revenue of Rs 540 crore in less than a year through the flexi fare scheme
and there is no plan to discontinue it. The scheme, launched on 09th September 2016, is applicable in
Rajdhani, Shatabdi and Duronto trains, allowing 10 per cent of the seats to be sold at the normal fare and
thereafter increasing it by 10 per cent with every 10 per cent of berths sold with a ceiling of 50 per cent.
Useful Info
Online entertainment platform Netflix announced that it has acquired Millar world
Online entertainment platform Netflix announced that it has acquired Millar world, a comic book company.
The acquisition was the first ever by Netflix. Together, the two companies will bring Millar world's portfolio of
character franchises to life through films, series and children's shows available exclusively to Netflix members.
Millar developed the comic books and story arcs that inspired the first Avengers movie, ―Captain America:
Civil War,‖ and ―Logan (Wolverine).
Useful Info
Netflix HQ – Los Gatos, California, United States
CEO - Reed Hastings
BitBay launches trading platform for digital currency
BitBay, one of the top ten crypto currency trading platforms in the world, has launched a dedicated platform for
trade and exchange of digital currencies such as bitcoin, litecoin, ether, Lisk, monero, dash and game
credits. The company will also work towards creating awareness about digital currencies and also removing
misconceptions related to these currencies in a market like India.
Flipkart gets $2.5 billion from SoftBank
A fund backed by Japan‘s SoftBank has invested close to $2.5 billion in online marketplace Flipkart through
primary and secondary share purchases, sources familiar with the matter.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
82
SoftBank HQ – Minato, Tokyo
Uber has launched a business to business model called "Uber for Business "
Ridesharing app Uber has launched a business to business model called "Uber for Business " to enable
new use cases like daily commute, late-night rides home from work, between-office transportation. This new
model comes with the features like Set-and-forget travel programs, new permissions, Different access for
different groups and a fresh user interface.
Useful Info
Uber HQ – San Francisco, California, United States
Government has banned exports of gold jewellery, medallions and other articles above 22- carat purity
The government has banned exports of gold jewellery, medallions and other articles above 22- carat purity
in a bid to check round tripping of the precious metal. According to the Directorate General of Foreign
Trade (DGFT), certain provisions of the foreign trade policy (2015-20) are amended to allow export of gold
jewellery and articles containing gold of 8 carats and above up to a maximum limit of 22 carats only from
domestic tariff area and export-oriented units, electronics hardware technology parks, software technology
parks and bio technology parks.
Useful Info
DGFT - Directorate General of Foreign Trade
Google launches Android 8.0 named 'Oreo'
Google announced 'Oreo' as the name for the latest version of the Android operating system, continuing the
dessert-themed names. It brings features including notification dots on app icons, picture-in-picture mode, and
an autofill tool to help quickly and securely enter passwords. Android Oreo 8.0 will start rolling out to Pixel
and Pixel XL smartphones followed by Nexus devices.
Useful info:
Organization: Google
Headquarters: Mountain View, California,
CEO: Sundar Pichai
Essar Oil completes $13 billion deal with Rosneft, Trafigura
Russia's largest oil producer Rosneft said it has successfully closed the nearly $13 billion Essar Oil acquisition
deal. Rosneft will get a 49.13% stake in Essar Oil and Trafigura-UCP consortium will get another 49.13%
stake. The Essar Oil-Rosneft deal is the largest foreign direct investment into the country till date and also the
largest outbound investment from Russia.
Useful Info:
Organization: Essar Oil
Headquarters: Mumbai
CEO: Lalit Kumar Gupta
Infosys drops out of India's top 10 most valued companies
Three days after Vishal Sikka's resignation as Infosys CEO and MD, the company has slipped out of the list of
top 10 companies by market capitalization on BSE. Notably, in just two days of trading, Infosys has lost about
Rs.30,722crore. State-owned oil producer ONGC has replaced Infosys to become the 10th most valuable
company.
Government confirms introduction of new Rs. 200 notes
The government confirmed the introduction of new Rs.200 notes by RBI for the first time. While no immediate
date has been specified, the new notes could reportedly be introduced by September. The Rs. 200 note will fill
in the 'missing middle' even as new currency in circulation has reached 84% of pre-demonetisation level, SBI
said earlier.
ONGC gives in-principle nod to acquire govt's stake in HPCL
The board of state-run Oil and Natural Gas Corporation (ONGC) gave in-principle approval to acquire
government's 51.11% stake in Hindustan Petroleum (HPCL). HPCL will become a subsidiary of ONGC and
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
83
will remain a listed company post the acquisition. The government has constituted a committee headed by
Finance Minister ArunJaitley to work out the modalities of the sale.
Organisation: ONGC
Headquarters: Dehradun, Uttarakhand, India
Chairman & MD: D K Sarraf
Organisation: HPCL
Headquarters: Mumbai, Maharashtra, India
MD & CEO: M. K. Surana
To offer voice-based shopping Google partners with Walmart
Retail giant and US' largest company by revenue Walmart announced that it is partnering with Google to
enable voice shopping through Google's virtual assistant. This will allow users in the US to order Walmart
products just by speaking to the Google Home voice-controlled speaker. The service will compete with
Amazon's Alexa voice-shopping platform.
Organisation: Google
Headquarters: California, United States
CEO: SundarPichai
Organisation: Walmart
Headquarters: Bentonville, Arkansas, United States
Drone startup DJI CEO named Asia's youngest tech billionaire
Drone-making startup DJI's Founder and CEO Frank Wang Tao has been listed as Asia's youngest technology
billionaire in Forbes' 2017 'Richest People in Tech' list. Wang, aged 36, is also world's first drone billionaire
with an estimated net worth of $3.2 billion. The Chinese native founded DJI 11 years ago while studying at
Hong Kong University of Science and Technology.
Organisation: Dà-Jiāng Innovations Science and Technology Co., Ltd
Headquarters: Shenzhen, Guangdong
CEO: Frank Wang
Executive search firm appointed by Infosys to find new CEO
Infosys has appointed executive search firm Egon Zehnder to help it find a new CEO, a week after Vishal
Sikka stepped down from the post. The firm will work with the nomination and remuneration committee to
identify the right candidate. ―On the CEO search... We are looking at internal candidates, external candidates,
and Infosys alumni,‖ Non-Executive Chairman Nandan Nilekani said.
Organisation: Infosys
Headquarters: Bengaluru
CEO: U. B. Pravin Rao
Banks importing gold and precious metals have to pay 3 per cent tax under the GST
Banks importing gold and precious metals will have to pay 3 per cent tax under the GST which can be
claimed as input tax credit. Under GST 3% Integrated-GST is payable on all imports of precious metals in
addition to the basic customs duty. IGST paid can be taken as input tax credit by the banks.
Useful Info
GST –Goods and Services Tax
Chairman of GST Council – Finance Minister (Arun Jaitley)
First Country which implement GST – France in 1954
India Has the Highest Tax Slab in GST – 28%
Argentina has the second Highest Tax Slab in GST – 27%
EPFO to cut investments in AAA bonds: Minister Bandaru Dattatreya
Union Labour Minister Bandaru Dattatreya (Present Union Labour Minister is Shri Santosh Kumar Gangwar)
said the employees provident fund manager EPFO had decided to invest about 3,000 crore Rs in high-rated
corporate bonds this financial year. At a recent meeting, the Employees Provident Fund Organisation, or
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
84
EPFO, had decided to reduce the current investment of15,000 croreRs in AAA rated bonds by 3,000
croreRsand invest that amount in AA+ bonds.
Goods and Services Tax Collection for First Month reached Rs 92,283 Crore
The goods and services tax, GST, launched on 1 July, has got off to a good start, with collections exceeding
the revenue target for the first month. According to the Finance Minister Arun Jaitley, taxes worth Rs 92,283
crore were collected in July from just 64.42 per cent of the total taxpayer base.
Useful Info
GST – Goods and Services Tax
Chairman of GST Council – Finance Minister (Arun Jaitley)
First Country which implement GST – France in 1954
India Has the Highest Tax Slab in GST – 28%
Argentina has the second Highest Tax Slab in GST – 27%
To allow bookings at kiosks -Ola, Uber tie up with airports
Cab-hailing startups Ola and Uber have partnered with Airports Authority of India to allow air passengers to
book cabs at Chennai, Kolkata, Pune, Lucknow, and Bhubaneswar airports. This will allow passengers to book
cabs through kiosks located at the airports. Reportedly, Ola's kiosks will be manned by its representatives to
book cabs for commuters without Ola app or smartphones.
Snapchat to launch original scripted shows
Photo-sharing app Snapchat announced it will launch original scripted shows by the end of this year.
Snapchat's Vice President Nick Bell said that the company would create short scripted Snapchat series that are
three to five minutes long. Snapchat also launched a short-lived original scripted show in 2015 consisting of
nine episodes of roughly five minutes.
Canara HSBC Oriental Bank of Commerce Life Insurance Company (CHOICE) has Launched „PoS‟
product
Canara HSBC Oriental Bank of Commerce Life Insurance Company (CHOICE) has come up with a
‗Point-of-Sale‘ product targeted at the mass-market segment. The product- „PoS - Easy Bima Plan‟ is the first
PoS product for the company and is a pure term insurance plan. While this product has initially been
launched through a regional rural bank of Canara Bank, it would be available in the bank branches of Canara
Bank and Oriental Bank of Commerce (OBC) in the next two months.
Useful Info
Anuj Mathur is the Chief Executive Officer of the company.
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008.
FIFA U-17 World Cup trophy displayed at India Gate
The FIFA Under-17 World Cup official winner's trophy was recently displayed at the India Gate. The event
will be India's first official FIFA tournament. The trophy will be held for display at all six host cities of the
World Cup, namely Kolkata, Kochi, Mumbai, New Delhi, Guwahati, and Goa. The tournament's winner will
lift the trophy on October 28.
$4.4 bn invested by SoftBank in co-working space startup WeWork
American co-working workspace startup We Work announced it has raised $4.4 billion from Japanese
conglomerate SoftBank's Vision Fund. WeWork closed a $760 million financing round earlier this year at a
reported valuation of $20 billion. Founded in 2010, WeWork rents out desks and offices to small businesses,
freelancers and other people seeking temporary working space.
Organization: SoftBank
Headquarters: Tokyo, Japan
Chairman &CEO: Masayoshi Son
Organization: WeWork
Headquarters: New York City, New York, USA
Co-founder &CEO: Adam Neumann
BhartiAirtel, has launched Airtel GST Advantage
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
85
Airtel Business, the B2B arm of telecom major Bharti Airtel, has launched Airtel GST Advantage - a
solution designed to enable small businesses and start-ups to file their GST returns ―accurately, securely and
seamlessly.‖ Launched in partnership with ClearTax, Airtel GST Advantage is being offered free to all existing
Airtel Business customers. Airtel GST Advantage offers a three-pronged solution to customers, they can get
free and secure access to the GST Network via Clear Tax.
Useful Info
Director & CEO of Airtel Business - Ashok Ganapathy
Samsung‟s Bixby Voice now works in India
Bixby takes some initial setting up, requiring users to input their voice, reading commands and sentences
and trying out a few tasks. Bixby is meant to do additional and on-phone tasks which Samsung hopes will
make getting things done faster and easier. Bixby Voice can be triggered by saying ―Hi Bixby‖ to a sleeping
device also.
Useful Info
Samsung HQ – Seoul, South Korea
Reliance Industries Ltd (RIL) is the world‟s third-biggest energy company
Reliance Industries Ltd (RIL) is the world‘s third-biggest energy company behind Russian gas firm Gazprom
and German utility E.ON, according to Platts Top 250 Global Energy Company Rankings. State-owned
Indian Oil Corp (IOC) climbed to 7th position in the 2017 ranking, up from 14th rank in 2016. Oil and
Natural Gas Corp (ONGC) was placed at 11th position in 2017 as against 20th in 2016. Coal India Ltd, the
world‟s largest coal producer, was the only Indian firm to have slipped in the ranking - 45 in 2017.
Useful Info
Russia‘s Gazprom snagged the number 1 spot, ending US oil and gas giant ExxonMobil‘s 12-year reign at the
top of the list.
GDP to Hit $6 trillion by 2027 on Digital Leap: Morgan Stanley Report
India is likely to be the world‟s fastest-growing large economy in the next 10 years, driven by digitisation,
favourable demographics, globalisation and reforms, according to the Morgan Stanley report. According to the
global financial services major, the trend line in India‘s annual GDP growth has been accelerating to 6.9
percent in 2000s, from 5.8 percent in the 1990s, and this momentum is likely to continue in the next decade as
well.
GST Council Reduces Tax Rates on 27 Items, Approves Quarterly Return Filing
In a major relief to common man, small traders and exporters, the GST Council has reduced tax rates on 27
items and allowed the filing of returns on the quarterly basis. The GST Council meeting held under the
Chairmanship of Union Finance Minister Arun Jaitley in New Delhi. The council has decided to reduce the
GST rates on dried mangoes, Khakhra, plain chapatis, unbranded Namkeen, unbranded ayurvedic medicines
and paper wastes to 5 percent from 12 percent. Arun Jaitley stated that Food packets used in ICDS scheme,
plastic and rubber wastes will now be taxed at 5 percent instead of 18 percent. The GST Council also approved
the quarterly filing of returns for businesses with turnover up to 1.5 crore rupees besides raising the threshold
for composition scheme from 75 lakh rupees to one crore rupees.
Useful Info
Union Finance Minister of India – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
Arun Jaitley Attends G-20 Finance Ministers Meeting
The Union Minister for Finance Arun Jaitley participated in the G-20 Finance Ministers and Central
Bank Governors (FMCBG) Meeting in Washington D.C. The discussion focused on the agenda items
pertaining to Global Economy and Framework for Growth, Compact with Africa and International Financial
Architecture. As co-chairs of G20 Framework Working Group (FWG), India made the lead intervention
during the Second Round of the Session on „Global Economy and Framework for Growth‟, which discussed
the IMF‘s G-20 Report on „Strong, Sustainable, and Balanced Growth(SSBG)‟.
The Coalition Years 1996-2012: Pranab Mukherjee‟s Political Autobiography
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
86
Former President Pranab Mukherjee has released the third part of his memoir „The Coalition Years: 1996-
2012‟, speaking candidly about believing he could have been the Congress choice for the Prime Minister‘s
post. Mukherjee‘s memoir is the third in the series. The other two are -- The Dramatic Decade: The Indira
Gandhi Years and The Turbulent Years: 1980-1996.
Useful Info
Pranab Kumar Mukherjee is served as the 13th President of India from 2012 until 2017.
Pranab Mukherjee's first stint as the Finance minister of India was during the Indira Gandhi government in
1982.
New Guiness Record at IISF Chennai 2017
Day two of the India International Science Festival (IISF) in Anna University campus at Chennai saw the
making of a new Guinness World Record for the Largest Biology Lesson. One thousand forty nine (1049)
students participated in the record breaking session. Union Minister for Science & Technology and Earth
Science, Dr. Harsh Vardhan stated that PM Narendra Modi to encourage and promote science and the Govt.
of India has launched many Flagship Programmes in this regard. World Record attempts have been a key part
of India International Science Festival since 2015, which leads to encouragement and popularizing of
Science through public participation. In IISF 2015, students took a successful shot at the Guinness World
record for the world‘s largest science Lesson at Indian Institute of Technology (IIT) Delhi.
Useful Info
India International Science Festival has inaugurated by Dr Harsh Vardhan.
The 1st IISF was held at Indian Institute of Technology (IIT) New Delhi in December, 2015.
Y Sujana Chowdary is present Minister of State for Science and Technology and Earth Sciences.
GDP May Grow at 7% in Financial Year 2017-18: NITI Aayog
According to NITI Aayog Vice-Chairman Rajiv Kumar, the economic slowdown that began in 2013-14 has
bottomed out and the GDP is likely to grow at 6.9-7 % this fiscal (2017-18) and 7.5% in 2018-19. The
economic growth slowed to 7.1% in 2016-17, the year in which 87% of the currency was demonetised, despite
a very good show by the agricultural sector. On a quarterly basis also, the growth in the first quarter of the
current fiscal had slipped to 5.7%. In the next fiscal year, the growth would be about 7.5%.
Useful Info
NITI Aayog Chairman – Narendra Modi
NITI Aayog Vice-Chairman - Rajiv Kumar
The Government of India, in keeping with its reform agenda, constituted the NITI Aayog to replace the
Planning Commission instituted in 1950.
Vanuatu Becomes First Nation to Accept Bitcoin in Exchange for Citizenship
The South Pacific island nation of Vanuatu has become host to the world‘s first government to accept bitcoin
in exchange for citizenship. Vanuatu‘s citizenship program costs $200,000 USD, meaning that at current prices
the residency program costs less than 41.5 bitcoins. The Chairman of the Vanuatu Information Center
(VIC)– which oversees Vanuatu citizenship applications - Geoffrey Bond, had sent an official request earlier
this month seeking permission to accept bitcoin as a form of payment.
Useful Info
Country – Vanuatu
Capital – Port Vila
Currency - Vanuatu vatu
Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands that stretch 1,300 kilometres
Direct Tax Collections in First Half of Current Financial Year rise 15.8 percent
The Direct Tax Collections in the first half (April-September) of the current fiscal (2017-18) shows growth
of 15.8 percent. According to the Finance Ministry, the provisional figures of Direct Tax collections up to
September 2017 show that net collections are at 3.86 lakh crore rupees which is higher than the corresponding
period of last year. Net Direct Tax collections represent 39.4 percent of the total budget estimates of Direct
Taxes for the financial year 2017-18. An amount of 1.77 lakh crore rupees has been received as Advance
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
87
Tax up to 30th of September this year, reflecting a growth of 11.5 percent over the corresponding period of
last year.
Airtel Gets Approval for Tigo Merger
Bharti Airtel has received Ghana‟s National Communications Authority‟s approval for the merger
between Bharti Ghana (Airtel) and Millicom Ghana (Tigo), subject to certain conditions. This merger will
result in an entity which will be the second largest mobile network operations in the country. Based on
agreements, which have been accepted by the merging entities and the payment of relevant fees, a
supplementary agreement to the licences of the merging entities will be signed between the NCA and the
merging entities.
Useful Info
Country – Ghana
Capital – Accra
Currency - Ghanaian cedi
Private insurer Tata AIA Life announced the launch of „Eazy Connect‟
Private insurer Tata AIA Life announced the launch of „Eazy Connect‟, that will extend online customer
service to social media platforms. The chatbot will be available through social media platforms and is
developed to respond to the most frequently asked queries.
Useful Info
CEO and MD of Tata AIA Life - Naveen Tahilyani
J Sagar Associates (JSA) Becomes First Law Firm in GIFT City
J Sagar Associates (JSA) is the first law firm to have opened an office at Gujarat International Finance
Tec-City (GIFT). Setting up this office would help JSA consolidate their Financial Services Practice. The
office was inaugurated by Sudhir Mankad - Chairman of GIFT IFSC. Several banks, brokers and stock
exchanges including the BSE and the National Stock Exchange have set-up their operations in GIFT, which
will operate like a tax haven.
Useful Info
Managing Director & Group CEO of GIFT City - Ajay Pandey
Magicbricks Launches India's First Online Property Bidding Platform
Magicbricks announced the launch of India's first online bidding platform for residential and commercial
properties and tied-up with developer M3M for the inaugural 'My Bid, My Home' under which consumers
can bid for ready-to-move-in residential properties in Gurugram. Magicbricks has been recently awarded the
Standardisation, Testing and Quality Certification (STQC) by the Ministry of Communications and
Information Technology, making it the country's only real estate portal eligible for a bidding platform for
properties.
Useful Info
CEO of Magicbricks - Sudhir Pai
Director of M3M Group - Pankaj Bansal
Govt Okays Rs 2,000 crore to Set up Aadhaar Units in Post Offices
Prime Minister Narendra Modi has approved Rs 2,000 crore specifically for setting up Aadhaar centres in
post offices, a move that will see private contractors phased out from the data collection process. The centres
will have machines approved by the Unique Identification Authority of India (UIDAI) and trained personnel
who will be responsible for the operations. Aadhaar enrolment and updation facilities will be available in
around 15,000 post offices by March 31, 2018.
Useful Info
Unique Identification Authority of India has its Headquarters in New Delhi.
The Chief Executive Officer (CEO) of UIDAI is Dr. Ajay Bhushan Pandey.
Shri Ananta Narayan Nanda Secretary is the Director General Postal Services.
GIC Re Launched India‟s Third Largest IPO
General Insurance Corp of India (GIC Re) kicked off its mega Rs 11,370 crore initial public offer (IPO).
This is India's third biggest IPO ever after Coal India's Rs 15,200 crore and Reliance Power's Rs 11,700
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
88
crore issues. General Insurance Corporation of India (GIC Re) is the largest reinsurance company in India
in terms of gross premiums accepted in fiscal 2017.
Useful Info
GIC Re headquartered – Mumbai
CMD of GIC Re - Alice Vaidyan
Mastercard Launched its First Innovation Centre in India
US-based fintech company Mastercard has announced the launch of its global research and development arm
Mastercard Labs in Pune, India. After Singapore, this will be the second Mastercard Labs in Asia-Pacific, and
ninth in the world. The initiative aims to bring and harness new commerce, payment and technology ideas at a
fast pace in the country.
Useful Info
CEO of Mastercard - Ajay Banga
IMPORTANT FUNDS ALLOCATED BY VARIOUS BANKS & ORGANIZATIONS
Name of the Beneficiary
Organizations/Country/State
Fund
Allocated Allocated By Purpose
Jammu and Kashmir 200 Crore Sports Ministry for the development of sports in Jammu &
Kashmir
India USD 250-
million
World Bank
for making Indian youth more employable
through reskilling
Afghanistan $500
million
World Bank
dollars for Afghanistan to support a string
of projects to boost the economy
India USD 36
Million World Bank
for ―Himachal Pradesh Public Financial
Management Capacity Building Program.
India USD 39.2
Million World Bank
for the project ‗‖Assam Citizen Centric
Service Delivery‖
Assam 44 million
dollar World Bank
For improving predictability and
transparency in budget execution and
efficiency in tax administration in Assam.
Andhra Pradesh $ 380
million
World Bank and
Asian Infrastructure
Investment Bank
(AIIB)
will Build a reliable, quality and
affordable power supply to citizens
India USD 35
Million World Bank
for ―Assam State Public Financial
Institutional Reforms Project‖
India Infrastructure Fund $150
million AIIB
The Infrastructure Fund aims to invest in
mid-cap infrastructure companies in India,
and to expand the bank's equity and loan
deal sourcing pipelines in the private
sector through its equity participation in
this fund.
Yes Bank $150
million
US Government
and Wells Fargo
To fund SME Lending
Gujarat Government $ 329
million
Asian Infrastructure
Investment Bank
To build access roads to 4,000 villages in
Gujarat
Rajasthan $220
million
Asian Development
Bank
For improving road connectivity as well
as transport efficiency and safety on state
highways of Rajasthan.
Goa International Airports Ltd Rs. 1,330
cr Axis Bank
for the development of Greenfield airport
at Mopa
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
89
State-owned NTPC Rs. 3,000
crore ICICI Bank
for partially funding its capital
expenditure
SoftBank $2.5
billion Flipkart
India US$ 329
million AIIB
For Gujarat Rural Roads Projects
Rajasthan Rs. 1, 350
cr NABARD
For creation of rural infrastructure
NTPC Rs. 3000
cr ICICI Bank
For partially its funding capital
expenditure
Himachal Pradesh $80-
Million
Asian Development
Bank (ADB)
for the modernization of Himachal
Pradesh‘s technical and vocational
education and training (TVET)
institutions.
Nepal $152
Million
Asian Development
Bank (ADB)
for the implementation and enhancement
of its power transmission and distribution.
West Bengal $300
Million ADB
for carrying forward fiscal reforms in
West Bengal
India $76
million
Japan
for a project to upgrade the environment
management plan at Alang-Sosiya ship
recycling yards
Haryana Rs. 119
Crore NABARD
To construct seven bridges and
improvement of one rural road project in
five districts of Haryana.
Bangladesh $ 4.5
billion
Line Of Credit
(LoC) agreement
with India
For its infrastructure and social sector
development
Andhra Pradesh Rs. 273
crore NABARD
For Rural Water supply, Road and Bridge
projects. These funds have been
sanctioned under Rural Infrastructure
Development Fund (RIDF).
India $100
million
AIIB & ADB
co-finance
For boosting the power sector in India
Namami Gange Project Rs 156
crore Yes Bank
To fund first Sewage Treatment Plant
(STP) to be constructed at Varanasi under
Namami Gange Project
Central Government has approved Rs 2,000 crore for setting up Aadhaar centres in post offices.
INTERNATIONAL NEWS
PM Modi, Russian President Putin to attend 18th India-Russia Annual Summit
Prime Minister Narendra Modi and Russian President Vladimir Putin will attend the 18th Indo Russian Summit
at St Petersburg. Both the leaders will hold discussions attheOvalHalloftheKonstantinPalace.
AnanyaVinay an indian – American won the 90th
Scripps National Spelling Bee
The 12-year-old fromFresno, California won the 90th
Scripps National Spelling Bee.She will get morethan
$40,000 in cash andprizes
Ireland's next Prime Minister is Leo Varadkar
Indian-Origin Leo Varadkar is set to become the Republic of Ireland's next Prime Minister after winning the
leadership of the Fine Gael party.He will succeed Enda Kenny as leader of the centre-right party.
Country – Ireland
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
90
Capital – Dublin
Currency - Euro
Montenegro becomes NATO‟s 29th member
Montenegro has officially joined North Atlantic Treaty Organization (NATO) and hence became the 29th
member country of NATO.
Useful Info
Country – Montenegro
Capital – Podgorica
Currency – Euro
NATO - North Atlantic Treaty Organization
HQ - Brussels, Belgium
NATO Secretary-General - Jens Stoltenberg
One Million USD Fund Established for BRICS Media
The Brazil-Russia-India-China-South Africa (BRICS) grouping has established a one million dollar fund for
boosting media cooperation in the five-nation grouping during the inaugural session of the BRICS Media
Forum held in Beijing, by Xinhua News Agency and executive president of the Forum.
Useful Info
BRICS countries
B – Brazil
R – Russia
I – India
C – China
S – South Africa
To control emissions in India EU and France grant 3.5 million euros
Aiming to reduce emissions and promote sustainability to help India‘s smart city programme, France and the
European Union have extended a grant of 3.5 million euros under the ‗Moblise Your City‘ (MYC) initiative.
Three Indian cities- Nagpur, Kochi and Ahmedabad -- will get the grant as part of the EU‘s commitment under
the Paris Climate agreement according to French Development Agency (AFD).
Useful Info
European Union HQ – Brussels
Total member countries – 28
China has launched world‟s largest floating solar farm
China has launched world‘s largest floating solar farm in Anhui province. The 40-megawatt power plant has
160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province.
Useful Info
Country – China
Capital – Beijing
Currency – renminbi – yuan
President – Xi Jinping
World‟s smallest & cheapest private jet „Vision Jet‟ launched in USA
The World‘s smallest and cheapest private jet 'Vision Jet' was launched in the USA recently. The Vision Jet
can haul five adults up to 1,150 miles at 28,000 feet. The jet can fly at a speed of 345mph and has an operating
altitude of 28,000 feet.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
USA Flag - The 50 stars on the flag represent the 50 states of the United States of America, and the 13 stripes
represent the thirteen British colonies that declared independence from the Kingdom of Great Britain, and became
the first states in the U.S.
12-year-old Padmalaya Nanda from Odisha won Little Miss Universe Internet 2017
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
91
A 12-year-old Padmalaya Nanda from Odisha has created history by becoming the youngest girl to bag the
"Little Miss Universe Internet 2017" and "Little Miss Actress" crowns at the Little Miss Universe 2017 at the
port city of Batumi in Georgia.
Useful Info
Country – Georgia
Capital – Tbilisi
Currency - Georgian lari
Group of Seven (G7) Environment Ministers Meeting was held in Bologna, Italy
Group of Seven (G7) Environment Ministers Meeting was held in Bologna, Italy to discuss issues ranging from
climate change to sustainable development and litter at sea.The Bologna meeting focused on the priority
themes of the global environmental challenge, such as the state of implementation of the goals set by the Paris
Agreement to fight climate change and the Sustainable Development Goals set by the UN 2030 Agenda. ‗5-
year Bologna Roadmap‘ was adopted at the meeting.
Useful Info
Country – Italy
Capital – Rome
Currency – Euro
G7 countries Short Trick – JUG For ICU (Japan, US, Germany, France, Italy, Canada, UK)
India ratifies two key ILO conventions on child labour
India ratified two key ILO conventions on child labor, according to a statement issued by the International
LabourOrganisation (ILO) in Geneva, Switzerland. Labour Minister BandaruDattatreya, who is in Geneva
stated that the ratification reaffirmed India‘s ―commitment to a child labor free society‖.According to ILO, two
fundamental ILO Conventions concerning the elimination of child labor, the Minimum Age Convention (No
138) and the Worst Forms of Child Labour Convention (No 182).
Useful Info
ILO – International Labour Organization
HQ – Geneva
Director – General - Guy Ryder
India to be Co-Partner Country in ANUGA 2017
Minister of Food Processing Industries SmtHarsimratKaurBadal addressed a Joint Press Conference with the
organizers of ANUGA - an international business platform for Food Industry to be held in Cologne, Germany.
She also signed the Memorandum of Understanding for Participation in the ANUGA Exhibition with Ms
Katharina C Hamma, Chief Operating Officer, KoelnmesseGmBH (Organizers of ANUGA).
Useful Info
ANUGA - AllgemeineNahrungsUnd GenußmittelAusstellung( General Food and Non-essential Provisions
Exhibition) is the world‘s biggest and most important trade fair for Food and beverage trade.
To promote Sustainable Development Goals India, UNOSSC launch partnership fund:
India and the United Nations Office for South-South Cooperation (UNOSSC) on 8 June 2017 launched a
partnership fund to support the Sustainable Development Goals (SDGs) across the developing world.
The fund was launched on the occasion of the World Oceans Day at a special ceremony held at the Permanent
Mission of India to the UN.
Highlights:
Towards achieving the 17 Sustainable Development Goals of the 2030 Agenda.
Initially, the fund will start with an initial contribution of USD 1 million for its first project Climate Early Warning
System in Pacific Island Countries (CEWSPIC).
Organisation: UNOSSC (United Nations Office for South-South Cooperation)
India moved six places to rank 60 in innovation ranking
India moved six places torank 60 among 130 countriesand is the top-rankedeconomy in Central andSouthern
Asia on the GlobalInnovation Index (GII) 2017.It was ranked 66 last year.Switzerland, Sweden,
Netherlands,U.S. and the U.K. retainthe top spots as the world‘smost-innovative countries.
India re-elected to UN's principal organ on economic, social and environmental issues
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
92
India has been re-elected to the UN's principal organ on economic, social and environmental issues for another
three-year term. India was among 18 nations to win election to the Economic and Social Council (ECOSOC).
Useful Info
United Nation HQ – New York
Secretary general - AntónioGuterres (Portugal)
Neeru Chadha elected as first Indian woman Member of ITLOS
Indian nominee NeeruChadha became the first Indian Woman to be elected as the Member of International
Tribunal for the Law of the Sea (ITLOS). Currently, an eminent jurist from India P ChandrasekharaRao is a
judge at the tribunal.
Useful Info
ITLOS - International Tribunal for the Law of the Sea
HQ – Hamburg, Germany
President – Vladimir V.Golitsyn
First Person to Reach 100 Million Twitter Followers achieved by Katy Perry
Katy Perry just keeps soaring in popularity. The Witness singer and pop culture lightning rod became the first
person to reach 100 million followers on Twitter, making her the most-followed person on the platform,
Twitter reports. Perry joined Twitter back in 2009, making her something of an early adopter as a celebrity.
Useful Info
Twitter CEO – Jack Dorsey
Katy Perry - American singer-songwriter.
BRICS well placed to take leading role in helping achieve Sustainable Development Goals: FAO
UN's Food and Agriculture Organization's, FAO, has said the BRICS countries are well positioned to take a
leading role in helping achieve the ambitious Sustainable Development Goals and the Paris Climate accord.
Useful Info
FAO - Food and Agriculture Organization
HQ – Rome, Italy
Head - José Graziano da Silva
7th Meeting of the BRICS Ministers of Agriculture – Nanjing, China
Online financial services marketplace BankBazaar opens office in Malaysia
Online financial services marketplace BankBazaar has begun its operations in Malaysia to strengthen its
presence in South East Asia. Further, to scale and steer its international operations, BankBazaar has appointed
former Visa employee VipinKalra to lead the business growth internationally.
Useful Info
Co-founder and CEO of BankBazaar.com -AdhilShetty
India becomes 71st country to ratify UN International Convention on Road Transports
India has become the 71st country to ratify the United Nations International Convention on Road Transports,
TIR. The Convention is a multilateral treaty to boost International Transport of Goods. TIR is managed and
developed by IRU - the world road transport organisation.
First Afghanistan-India air corridor was inaugurated by Afghan President Ashraf Ghani
Afghan President Ashraf Ghani inaugurated the first Afghanistan-India air corridor at the Kabul International
Airport. The corridor is a direct route that will bypass Pakistan and is meant to improve commerce in
Afghanistan. The aim of the route is to create more opportunities and make Afghanistan an exporter country.
Useful Info
Country – Afghanistan
Capital – Kabul
Currency –Afghan Afghani
India re-nominates Justice DalveerBhandari to ICJ
India has re-nominated Justice DalveerBhandari as its candidate for another term as judge at the International
Court of Justice (ICJ).Justice Bhandari was elected in April 2012 during simultaneous balloting in both the
General Assembly and the Security Council to a seat on the ICJ.
Useful Info
ICJ – International Court of Justice
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
93
HQ - The Hague, Netherlands
Current President - Ronny Abraham
To promote Cooperation in the Field of Archives, India and Portugal sign an agreement
A Protocol of Cooperation was signed between the National Archives of India and the Minister of Culture of
the Portuguese Republic in the field of archives in Lisbon, Portugal. As a first step under this agreement, the
Torre do Tombo (National Archives of Portugal) handed over to the National Archives of India digital copies
of 62 volumes of the collection known as ‗Moncoes do Reino‘ (Monsoon correspondence).
Useful Info
Country – Portugal
Capital – Lisbon
Currency – Euro
Saudi king names son Mohammed bin Salman as crown prince
Saudi King Salman named his son Mohammed bin Salman as crown prince. This completes a gradual removal
of powers from the previous prince Mohammed bin Nayef, who has been fired.According to a royal decree
issued by the official Saudi Press Agency, Mohammed bin Salman, was also named deputy Prime Minister,
and maintains his post as minister of defence.
Useful Info
Country – Saudi Arabia
Capital – Riyadh
Currency – Saudi riyal
French Defence Minister Sylvie Goulard quits
French Defence Minister Sylvie Goulard quit her job, saying she did notwant to stay on because of a probe
overshadowing herMoDem party‘s affairs in the European Parliament.
According to Mercer's 23rd annual Cost of Living Survey, Mumbai is the most expensive city in India
Mumbai is the most expensive city for expatriates in India and is ranked higher than major global cities such as
Paris, Canberra, Seattle and Vienna. According to Mercer's 23rd annual Cost of Living Survey, Mumbai is
placed 57th on the list while New Delhi was placed at 99. Chennai (135), Bangalore (166) and Kolkata (184)
were the other Indian cities on the list. Luanda, the capital of Angola, was the costliest city, driven by cost of
goods and security, followed by Hong Kong and Tokyo at the second and third places, respectively.
Useful Info
Country – Angola
Capital – Luanda
Currency – Kwanza
Mercer is the world's largest human resources consulting firm, Headquartered in New York City
PM Modi leaves for Portugal on the first visit of his 3-nation tour
Prime Minister NarendraModi embarked on a three-nation visit. In the first leg of his tour, he will reach
Portuguese capital, Lisbon. After Portugal, the Prime Minister will depart for the US capital, Washington DC.
During his two-day US visit, the Prime Minister will meet its President, Donald Trump. This will be the first
meeting between the two leaders. In the last leg of his tour, Mr. Modi will visit The Netherlands for bilateral
talks with his counterpart, Mr. Mark Rutte.
Useful Info
Country – Portugal
Capital – Lisbon
Currency - Euro
Yemen faces world's worst cholera outbreak: UN
The United Nations warned that Yemen is now facing the worst cholera outbreak anywhere in the world. A
statement by UNICEF and the WHO says the number of suspected cholera cases in the war-torn country has
exceeded two lakh.
Useful Info
Country – Yemen
Capital – Sana'a
Currency - Yemeni rial
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
94
UNICEF - United Nations International Children's Emergency Fund
HQ – New York
WHO - World Health Organization
HQ - Geneva, Switzerland
Prime Minister Narendra Modi has left for the Netherland on his three-nation visit
The Prime Minister will reach Amsterdam where he will hold bilateral talks with his counterpart Mr. Mark
Rutte. Both countries are celebrating 70 years of the establishment of Indo-Dutch diplomatic relations this year.
Mr. Modi will also interact with CEOs of Dutch companies and will focus on four main issues of agriculture,
water management, healthcare, and finance. Two Memoranda of Understandings (MOUs), one each on water
management and cultural exchange, will also be exchanged in the presence of both Prime Ministers.
Useful Info
Country – Netherland
Capital – Amsterdam
Currency – Euro
ICJ - The International Court of Justice
HQ - The Hague (Netherlands)
ICCt - The International Criminal Court
HQ - The Hague (Netherlands)
The World Health Organization (WHO) recommending the use of multi-disease testing devices for
Tuberculosis, HIV and Hepatitis
A single device called the GeneXpert can be used todiagnose TB and HIV infections, and quantitatively
measure HIV and hepatitis Cviral loads. India recently procured 600 GeneXpert machines for the National
Tuberculosis programme.
Useful Info
The new multi disease testing device is
The size of a microwave oven
Can run molecular tests
Can diagnose TB and HIV infection
Can measure the viral loads of hepatitis C
WHO – World Health Organization
HQ - Geneva, Switzerland
Founded – 7th
April 1948
Director-General of WHO - Dr Margaret Chan (upto June 2017)
Director-General of WHO – DrTedros Adhanom Ghebreyesus (from July 2017)
European Union slaps a record €2.4 bn fine on Google
Brusselshas demanded that theUS tech giant change thebusiness model forGoogleShopping to meet the
EU‘sconcerns.The fine broke the previousEU recordfor a monopolycase against U.S. chipmakerIntel of €1.06
billion.Brussels accuses Googleof giving its own online service,Google Shopping, toomuch priority in search
resultsto the detriment ofother price comparison services,such asTripAdvisorand Expedia.
Useful Info
Google HQ - Mountain View, California, United States
CEO – SundarPichai
Google Founders – Larry Page, Sergey Brin
Google‘s parent company – Alphabet Inc
British PM Theresa May wins confidence vote in parliament
British Prime Minister Theresa May narrowly won the confidence vote in the parliament, winning her first
major test as the Prime Minister of a minority government in the United Kingdom (UK). With this, May was
finally confirmed as the British Prime Minister three weeks after the election, after winning the vote on her
legislative program known as the Queen's Speech.
Useful Info
Country - United Kingdom
Capital – London
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
95
Currency – Pound sterling
PM - Theresa May
Russia extends ban on Western food imports for another 18 months
Russian President Vladimir Putin has signed a decree to extend a ban on Western food imports for another 18
months after the European Union extended economic sanctions against Russia. Putin‘s office published a
decree that keeps the food ban in place until December 31, 2018.
Useful Info
Country – Russia
Capital – Moscow
Currency – Russian Ruble
President – Vladimir Putin
China sets up research base to counter illegal drones:
China has set up its first research base in the country's Sichuan province to counter illegal flying drones. The
base will encourage the development of anti-drone technology and enhance aviation safety. Notably, the
number of cases of drones disrupting the normal operations of civil airports in the country has risen from four
in 2015 to 23 last year.
Country: China
Capital: Beijing
Currency: Renminbi
President: Xi Jinping
5th
Meeting of BRICS Ministers of Education was held in Beijing, China
Meeting of BRICS Ministers of Education was held in Beijing, China. The Indian delegation was led
byShriPrakashJavadekar, Minister of Human Resource Development, India. The delegation of all the five
BRICS countries participated in the two-day deliberations.Javadekar highlighted some of the initiatives of the
Govt. of India in education. He specifically spoke about the National Institutional Ranking Framework (NIRF),
SWAYAM platform which has already hosted over 480 courses online, research initiative IMPRINT and Smart
India Hackathon.
Useful Info
BRICS - Brazil, Russia, India, China and South Africa
Minister of Human Resource Development – PrakashJavadekar
Constituency –Madhya Pradesh (Rajya Shaba)
India ranks 23rd among 165 nations in cyber security index
India is ranked a high 23rd out of 165 nations in a global index that measures the commitment of nations across
the world to cyber security. The second Global Cyber security Index (GCI) was released by the UN
telecommunications agency International Telecommunication Union (ITU).India is ranked 23rd on the index
with a score of 0.683 and has been listed in the maturing category. The index has been topped by Singapore
with a 0.925 score.
Useful Info
ITU - International Telecommunication Union
HQ - Geneva, Switzerland
The European Parliament has approved a first-ever cooperation deal between the EU and Cuba
The European Parliament overwhelmingly approved a first-ever cooperation deal between the EU and Cuba.
MEPs in the eastern French city of Strasbourg approved the Political Dialogue and Cooperation Agreement
which was signed in December 2016. With the deal, Cuba joins other Latin American countries with similar
agreements with the EU, whose relations with the island had previously been conducted in the so-called
Common Position that linked ties to improvements in human rights.
Useful Info
The European Parliament
HQ - Brussels, Belgium
Country – Cuba
Capital – Havana
Currency – Cuban Peso
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
96
Twelfth G20 Summit held in Hamburg, Germany
Hamburg is hosted the twelfth G20 Summit. The G20, or group of 20, is an international meeting between
heads of states, finance ministers and central bank governors from the world‘s leading economies.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
G-20 was founded in 1999.
The first meeting of G-20 was held in Berlin in 1999.
The last G-20 summit was held in China in 2016.
122 countries approved the first-ever treaty to ban nuclear weapons at the UN meeting
122 countries approved the first-ever treaty to ban nuclear weapons at the UN meeting boycotted by all
nuclear-armed nations. One country the Netherlands voting against while Singapore abstained. None of the
nine countries that possess nuclear weapons the United States, Russia, Britain, China, France, India, Pakistan,
North Korea and Israel took part in the negotiations or the vote. Even Japan the only country to have suffered
atomic attacks, in 1945 boycotted the talks as did most NATO countries.
Useful Info
NATO - North Atlantic Treaty Organization
HQ – Brussels, Belgium
France will end sales of petrol and diesel vehicles by 2040
France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under
the Paris climate accord, Emmanuel Macron‘s government has announced.
Useful Info
Country – France
Capital – Paris
Currency – Euro
PM - Édouard Philippe
President - Emmanuel Macron
Top Car Brands in France
Bugatti, Renault, Citroen, Peugeot
India and Bangladesh have decided to construct a bridge over Khawthlangtuipuiriver
To facilitate trade and to improve communication between the two countries, India and Bangladesh have
decided to construct a bridge over Mizoram‘s Khawthlangtuipui river (also known as Karnaphuliriver).
Useful Info
Country – Bangaladesh
Capital – Dhaka
Currency - Taka
French President Emmanuel Macron has announced a summit on December 12
Speaking at the G20 summit, French President Emmanuel Macron has announced that Paris will host a summit
on December 12 to address financing issues on the 2015 Paris climate agreement. The summit would aim to
mobilise private and public financing for the projects committed to in the Paris agreement.
Useful Info
Country – France
Capital – Paris
Currency – Euro
PM – Édouard Philippe
President - Emmanuel Macron
UNESCO has voted to leave Australia's Great Barrier Reef off its "List of World Heritage in Danger”
The United Nations Educational, Scientific and Cultural Organization (UNESCO) has voted to leave
Australia's Great Barrier Reef off its "List of World Heritage in Danger" despite several reports claiming major
coral bleaching at the 2,300-km-long ecosystem. However, the UN body expressed "serious concern" about the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
97
reef's health. The reef, which is also the largest living thing on Earth, was recently valued for the first time, at
$42 billion.
Useful Info
UNESCO - The United Nations Educational, Scientific and Cultural Organization
HQ – Paris, France
Director-General of UNESCO - Irina Bokova
A Model United Nations (MUN) Regional Conference is held at Kathmandu
A Model United Nations (MUN) Regional Conference held at Kathmandu. The event is organised by the US
Embassy in partnership with the Youth Thinker‘s Society. Youths from 12 South and Central Asian countries
including India are participating in 5-day conference. The basic aim of the MUN is to provide a platform to
young minds to channelize energy and resources for a more prosperous and peaceful world. The conference
simulate four UN committees-United Nations Environment Programme (UNEP), Economic and Financial
Committee (ECOFIN), United Nations Security Council (UNSC) and United Nations Human Rights Council
(UNHRC).
Useful Info
Country – Nepal
Capital – Kathmandu
Currency – Nepalese rupee
The United States has deployed anti-aircraft missiles for the first time in the Baltics
The United States has deployed anti-aircraft missiles for the first time in the Baltics for use in NATO military
drills in Lithuania. This comes ahead of the Zapad exercise by Russia and Belarus, which NATO allies believe
could increase Russian presence.
Useful Info
NATO – North Atlantic Treaty Organisation
HQ – Brussels, Belgium
22nd World Petroleum Congress (WPC) International Conference held in Istanbul, Turkey
The 22nd World Petroleum Congress (WPC) International Conference was held recently in Istanbul, Turkey.
Union Minister of State for Petroleum and Natural Gas, DharmendraPradhan visited Istanbul to represent India
at the Conference. The theme for 22nd World Petroleum Congress was ‗Bridges To Our Energy Future‘. WPC
was first organized in year 1993. Currently, it is being held at the interval of three years.
Useful Info
Country – Turkey
Capital – Ankara
Currency – Turkish Lira
Malta became the 24th
country to legalise same-sex marriage
The Roman Catholic Mediterranean island Malta became the 24th country in the world to legalise same-sex
marriage.
Useful Info
Country – Malta
Capital – Valletta
Currency - Euro
Indonesia has renamed part of South China Sea
Indonesia has named waters in its exclusive economic zone that overlap with China‘s expansive claim to the
South China Sea as the North Natuna Sea. The part of the renamed area falls in China‘s ―nine-dash line‖ waters
extending hundreds of miles to the south and east of China‘s island province Hainan.
Useful Info
Country – Indonesia
Capital – Jakarta
Currency - Indonesian rupiah
GST to be positive for auto, retail sector: Fitch
New indirect tax regime Goods and Services Tax (GST) is likely to be beneficial for auto, cement and
organised retail sectors, but will have a negative impact on oil and gas, and SME sectors, Fitch Ratings.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
98
Useful Info
Fitch Ratings - credit rating agency
HQ – New York, USA
CEO - Paul Taylor
Founder - John Knowles Fitch
Founded - 1914
Indians among top asylum-seekers, according to the International Migration Outlook 2017
According to the International Migration Outlook 2017 report on Organisation for Economic Co-operation and
Development (OECD) member countries, Indians are among top asylum-seekers in other countries such as
New Zealand, Australia, Finland, Japan, Latvia, Slovak Republic, United Kingdom and the United States of
America. According to the report on OECD member-nations, top asylum-seekers to New Zealand between
2012 and 2016 were from China, India, Fiji, and Iraq. Among these, India and China were the largest source
countries of asylum-seekers (11% and 9%), followed by Fiji (8%), Iraq (7%) and Pakistan (6%).
Useful Info
OECD - Organisation for Economic Co-operation and Development
HQ – Paris, France
Secretary-General: José ÁngelGurría
Australia became the 35th country to join the International Solar Alliance (ISA)
Australia became the 35th country to join the International Solar Alliance (ISA), an initiative launched by
Prime Minister NarendraModi in November 2015 in Paris. It is co-led by India and France. The aim of ISA is
to support developing countries to boost their solar production capacity. India on its part through the Indian
Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI) is
contributing $1 million to the ISA fund. The larger aim of ISA is to mobilize over $ 1000 billion by 2030
towards promoting solar power on all fronts generation and storage.
Useful Info
ISA - International Solar Alliance
HQ – Gurugram
Country – Australia
Capital – Canberra
Currency – Australian Dollar
PM - Malcolm Turnbull
SheikhaLubna Al Qasimi tops poll of most powerful Arab women: Forbes
SheikhaLubna Al Qasimi, the UAE Minister of State for Tolerance has topped a poll of the most powerful
Arab women in government for 2017, according to Forbes Middle East. Ms. Qasimi was followed by two
women from Egypt - Sahar Nasr, the country‘s minister of investment and international cooperation and
GhadaWali, the minister of social solidarity. Forbes has also released a list of the top 100 most powerful Arab
business women for 2017, and the UAE represents the highest number of women, with 18, followed by Egypt,
with 16.
Useful Info
Forbes - Forbes is an American business magazine. Published bi-weekly, it features original articles on finance,
industry, investing, and marketing topics.
HQ – New York
UAE –United Arab Emirates
Capital – Abu Dhabi
Currency - United Arab Emirates dirham
Lahore High Court lifted a ban on the airing of Indian television serials in Pakistan
Lahore High Court lifted a ban on the airing of Indian television serials in Pakistan. The court noted that
instead of a blanket ban, Indian content with "objectionable" or "anti-Pakistan" content could still be censored.
Useful Info
Country – Pakistan
Capital – Islamabad
Currency - Pakistani rupee
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
99
Facebook-owned WhatsApp has been partially blocked in China
Facebook-owned WhatsApp has been partially blocked in China following a censorship crackdown by the
government. China operates world's largest censorship system, called the 'Great Firewall', blocking platforms
like Facebook, Google, and Instagram.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi – Yuan
President – Xi Jinping
India-Japan agreement for Cooperation in the Peaceful Uses of Nuclear Energy
India-Japan agreement for Cooperation in the Peaceful Uses of Nuclear Energy has come into force recently.
Foreign Secretary S Jaishankar and Ambassador of Japan to India Mr. Kenji Hiramatsu exchanged diplomatic
notes in this regard. The agreement was signed on 11th November 2016 in Tokyo during Prime Minister
NarendraModi‘s visit to Japan. The agreement is a reflection of the strategic partnership between the two sides
and will pave the way for enhanced cooperation in energy security and clean energy.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Yen
PM - Shinzo Abe
U.K. gets its first woman president of top court
The U.K. government appointed Baroness Brenda Marjorie Hale, 72, as the first woman president of the
Supreme Court, the senior-most judge in the country. She will take charge in September.
Useful Info
Country – United Kingdom
Capital – London
Currency – Pound Sterling
Sean Spicer resigns as White House Press Secretary
White House Press Secretary Sean Spicer resigned, ending a difficult tenure during which the conventional
Republican sought to defend and explain President Donald Trump, with limited success. Sarah Huckabee
Sanders, Mr. Spicer‘s deputy, will succeed him.
Useful Info
New White House Press Secretary - Sarah Huckabee Sanders
Country – United States of America
Currency – US Dollar
President – Donald Trump
US citizens ban from travelling to North Korea
The United States announced that the government will ban citizens from traveling to North Korea due to "the
serious risk of arrest".
Useful Info
Country – North Korea
Capital – Pyongyang
Currency – North Korean won
US retail giant Walmart has topped the 2017 Fortune Global 500 list
For a 4th consecutive year, US retail giant Walmart has topped the 2017 Fortune Global 500 list with revenue
of $486 billion. 7 Indian companies were featured in this list. Indian Oil, with revenues of over $53 billion in
previous fiscal, is the highest ranked Indian company and placed 168th globally.
Useful Info
Walmart HQ - Bentonville, Arkansas, United States
World's first floating wind farm emerges off coast of Scotland
The world‘s first floating wind farm has taken to the seas in a sign that a technology once confined to research
and development drawing boards is finally ready to unlock expanses of ocean for generating renewable power
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
100
in Scotland. The £200m Hywind project is unusual not just because of the pioneering technology involved,
which uses 78-metre-tall underwater ballast and three mooring lines that will be attached to the seabed to keep
the turbines upright. It will bring power to 20,000 homes.
Useful Info
Country – Scotland
Capital – Edinburgh
Currency - Pound sterling
UN has selected Dubai as the data hub for the Middle East North Africa and South Asia (MENASA)
The UN has selected Dubai as the data hub for the Middle East North Africa and South Asia (MENASA)
region for the city‘s integrated initiatives to mine and manage its data. The work is already under way to
prepare Dubai as the regional city data hub. The designation will be part of a portfolio of local and regional
data portals, analytics and reports to engage stakeholders and help accelerate progress. It will also serve as a
dedicated platform for city-to- city learning and ‗solutions transfer‘ across metropolitan, national and global
contexts.
Useful Info
Country - United Arab Emirates
Capital – Abu Dhabi
Currency - United Arab Emirates dirham
BRICS Youth Forum 2017 opened in Beijing
The 2017 BRICS Youth Forum opened in Beijing, China to discuss the development of the youth in the
countries of the grouping. The theme of three-day forum is 'Enhance BRICS Partnership, Promote Youth
Development'. It gathered 50 youth representatives working as civil servants, scholars, entrepreneurs, artists
and journalists from the BRICS countries. The five BRICS countries — Brazil, Russia, India, China and South
Africa — first came up with the idea of establishing a dialogue mechanism for BRICS youth in 2014 during a
meeting between BRICS leaders in South Africa.
Useful Info
BRICS – BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia,
India, China and South Africa. Originally the first four were grouped as "BRIC", before the induction of South
Africa in 2010.
Country – China
Capital – Beijing
Currency – Renminbi – Yuan
President – Xi Jinping
Nawaz Sharif has resigned as prime minister of Pakistanover Panama Papers verdict
Nawaz Sharif has resigned as prime minister of Pakistan following a decision by the country's Supreme Court
to disqualify him from office. The ruling came after a probe into his family's wealth following the 2015
Panama Papers dump linking Mr Sharif's children to offshore companies.
Useful Info
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
2017 BRICS National Security Advisors (NSAs) meeting held in China
2017 BRICS National Security Advisors (NSAs) meeting was held in Beijing, China. National Security
Advisor (NSA)AjitDovalrepresented India at this meeting. This meeting is a major platform for Brazil, Russia,
India, China and South Africa (BRICS) countries to discuss and conduct cooperation in politics and security
fields. Discussions were held on topics including global governance, anti-terrorism, internet security and
energy security, as well as major international and regional hotspot issues. National Security Advisor AjitDoval
held talks with his Chinese counterpart and state councillor Yang Jiechi on the sidelines of the BRICS NSAs
meeting. Chinese and Indian troops have been locked in a face-off in Doklam area for more than a month, since
Indian troops stopped the Chinese army from building a road in the area.
Useful Info
Country – China
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
101
Capital – Beijing
Currency – Renminbi – Yuan
President – Xi Jinping
7th edition of SAARC Artists Camp & Exhibition of Paintings held at Kathmandu, Nepal
The 7th edition of South Asian Association for Regional Cooperation (SAARC) Artists Camp and Exhibition
of Paintings has begun at Kathmandu. Minister of Culture, Tourism and Civil Aviation of Nepal, Jitendra
Narayan Devhas inaugurated the event. These events provide platform to artists for exchanging ideas with
fellow artists and helping in creating special bonding among them and 40 artists from SAARC member
countries except Afghanistan taking part in the 4 day camp.
Useful Info
SAARC - South Asian Association for Regional Cooperation
Member Countries of SAARC –Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri
Lanka
HQ – Kathmandu, Nepal
Secretary General of SAARC - AmjadHussain B. Sail
Country – Nepal
Capital – Kathmandu
Currency –Nepalese Rupee
India has featured among 60 nations on Digital Evolution Index 2017
India has featured among 60 nations on Digital Evolution Index 2017, exhibiting a high potential in terms of
digital payments. On the Digital Evolution Index 2017, India has been categorised under the ―break out‖
segment which refers to countries that have relatively lower absolute levels of digital advancement, yet remain
poised for growth and are attractive to investors by virtue of their potential. The report outlined that India has
been experiencing rapid strides of progress with an evolving payments landscape, catalysed by the
government‘s demonetisation decision.
Russia Launches 73 satellites in one go, second most ever
Russian space agency Roscosmos successfully launched ‗Kanopus-V-IK‘ Earth-imaging satellite and 72
microsatellites into orbit on a single rocket. This comes after ISRO launched a world record 104 satellites at
once earlier this year, breaking Russia‘s previous record of 37 satellites. The microsatellites include 62
CubeSats developed by US and others made by Japan, Germany, and Canada
Amitabh Bachchan's role as UNICEF Goodwill Ambassador has been extended for two more years
Actor Amitabh Bachchan's role as UNICEF Goodwill Ambassador has been extended for two more years. He
will now be working on spreading awareness regarding vaccination for MR (measles and rubella) infections for
children.
Useful Info
UNICEF – United Nations International Children's Emergency Fund
HQ – New York, US
CEO - Anthony Lake
Newly opened Charles Kuonen Suspension Bridge in Switzerland is the world‟s longest pedestrian
suspension bridge
Spanning an awesome 1621 feet and rising as high as 279 feet, the newly opened Charles Kuonen Suspension
Bridge in Switzerland has broken the record for the world's longest pedestrian suspension bridge, according to
Zermatt Tourism. The bridge, which has replaced an older bridge that was damaged by falling rocks, was
named after its chief sponsor, a psychologist and co-owner of a Swiss winery. The span is impossibly narrow,
at just 25.6 inches wide. Hikers can now cross the Europaweg (Europe Bridge) which connects Grächen and
Zermatt and measures nearly 500m.
Useful Info
Country – Switzerland
Capital – Bern
Currency – Swiss franc
Typhoon Haitang strikes China, two lakh people evacuated
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
102
Typhoon Haitang struck China‘s eastern Fujian Province with continual rain blows on different parts of the
region. Over 2 lakh people have been evacuated from Typhoon.According to the provincial meteorological
observatory wind hit with a maximum speed of 18 meters per second, the tropical cyclone followed Typhoon
Nesat which landed in the same city at 6 am on 30th
of July 2017. As per Xinhua news agency Typhoon
Haitang the 10th typhoon this year made landfall at 4.40 pm in Pingtung on the island of Taiwan.
The 7th Meeting of BRICS Trade Ministers held in Shanghai, China
The 7th Meeting of BRICS Trade Ministers was held in Shanghai, China.A six-member delegation led by
Minister Smt. NirmalaSitharaman. Mr. Zhong Shan, Minister of Commerce from China, presided over the
meetings. Sitharaman discussed with her Chinese counterpart, Zhong Shan, the trade deficit in India-China
bilateral trade which stands at $51 billion for 2016-17 from the $71.48 billion bilateral trade between the two
countries.
US Senate confirms Christopher Wray to lead FBI
The US Senate has confirmed Christopher Wray to lead the FBI. Christopher had replaced James Comey, who
was fired by President Donald Trump.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency –US Dollar
Facebook acquires AI startup to make Messenger smarter
Facebook has acquired an artificial intelligence (AI) startup Ozlo that specialises in understanding text-based
conversations. However, there are no details so far about the financial terms of the deal.
US urges Americans to leave N Korea before ban kicks in on September 1
US has urged Americans in North Korea to get out before a travel ban goes into effect on September 1.The
State Department has issued a new travel warning for North Korea that reflects the Trump administration's new
travel ban.
Useful Info
Country – North Korea
Capital – Pyongyang
Currency - North Korean won
Harry Potter creator JK Rowling world's most highly-paid author announced by Forbes
Harry Potter creator JK Rowling has been named the world's most highly-paid author with earnings of £72.2m
($95m). It is the first time that Rowling has topped Forbes‘ list of the 10 highest earners in the global industry
for the first time in almost 10 years. Other authors included in the list were Paula Hawkins and EL James.
Qatar becomes first Arab country to offer permanent residency to non-citizens
Qatar‘s Cabinet approved a draft law making permanent residency available to some non-citizens of the
country.Under the new law, Residency permits will be granted to children of Qatari women married to
foreigners. The residency permit gives holders similar rights as Qataris in terms of property ownership and
access to generous education and health care services. According to the provisions of the bill, the minister of
interior may grant a permanent residency ID to a non-Qatari if they meet the conditions specified in the law.
Useful Info
Country – Qatar
Capital – Doha
Currency – Qatari Riyal
The United Nations Security Council (UNSC) has adopted a resolution to preventing terrorists from
acquired weapons
The United Nations Security Council (UNSC) has adopted a resolution to preventing terrorists from acquired
weapons, particularly small arms and light weapons.The Council mentioned continue flow of weapons, military
equipment, unmanned aircraft systems (UASs) and their components, and improvised explosive device
(IED) components to and between the Islamic State, Al-Qaida, their affiliates, and associated groups, illegal
armed groups and criminals, Xinhua reported.
Useful Info
UNSC - United Nations Security Council
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
103
UN Security Council Chamber in New York City
External Affairs Minister SushmaSwaraj Attends 15th
BIMSTEC Meeting in Nepal
External Affairs Minister SushmaSwaraj departed for Kathmandu to participate in the 15th BIMSTEC
Ministerial Meeting (10th and 11th August).During the two-day meet, Foreign ministers of the Bay of
Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries will
review the progress in identified fourteen areas of cooperation and discuss ways to accelerate cooperation. She
will attend inaugural session of the 15th BIMSTEC Ministerial Meeting.
Useful Info
15th
BIMSTEC Meeting – Kathmandu, Nepal
BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
Union minister for external affairs – SushmaSwaraj
Constituency – Vidisha, Madhya Pradesh
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
India has ratified the second commitment period of the Kyoto Protocol
India has ratified the second commitment period of the Kyoto Protocol that commits countries to contain the
emission of greenhouse gases, reaffirming its stand on climate action. With this, India became the 80th
country to accept the amendment relating to the second commitment period of the Kyoto Protocol, the
international emissions reduction treaty.The Kyoto Protocol is an international agreement linked to the United
Nations Framework Convention on Climate Change (UNFCCC), which commits its Parties by setting
internationally binding emission reduction targets.
Useful Info
The Kyoto Protocol was adopted in Kyoto, Japan, in December 1997 and entered into force in February 2005.
Kyoto a city in Japan
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
India ranked 43rd position in 2017 Global Retirement Index (GRI)
India ranked 43rd position in 2017 Global Retirement Index (GRI). It is published by French asset
management company Natixis Global.The 43 countries include members of the Organization for Economic
Co-operation and Development (OECD), International Monetary Fund (IMF) advanced economies and the
BRIC countries.
Useful Info
1st Country in GRI – Norway
2nd
Country in GRI – Switzerland
3rd
Country in GRI – Iceland
Bangladesh to open a new diplomatic station in Chennai
Bangladesh will open a new diplomatic station in Chennai. It is likely to focus on medical tourism and
educational centres that drew thousands of Bangladesh citizens to India every year. The country is going to
open 17 new diplomatic missions across the world, including the new one in Chennai.
Useful Info
Country – Bangladesh
Capital – Dhaka
Currency – Taka
Citizens of 80 countries including India don‟t require visa to enter QATAR
The Qatari government has announced that citizens belonging to 80 countries including India, Canada,
US and UK can now enter Qatar without the need of applying for a visa.It has been stated that the visitors from
the selected countries would be issued a multi-entry waiver, completely free-of-charge, at the point of entry
upon presentation of a valid passport. The passport will have a minimum validity of six months and a
confirmed onward or return ticket. The waiver will either be valid for 180 days or for 30 days, depending
upon the nationality of the visitor.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
104
Useful Info
Country – Qatar
Capital – Doha
Currency – Qatari rial
India and the United States will co-host the Global Entrepreneurship Summit at Hyderabad
Prime Minister NarendraModi has stated that India and the United States will co-host the Global
Entrepreneurship Summit at Hyderabad from November 28, 2017. President Donald Trump‟s daughter
Ivanka will lead the American delegation.The Summit is a unique opportunity for bringing together
entrepreneurs and start-ups with global leaders. The summit is being organized by the NITI Aayog in
coordination with the Ministry of External Affairs.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
Ivanka – Daughter of Donald Trump
Facebook Launches „Watch‟ Competition to Youtube
In an apparent bid to take on Google-owned YouTube, Facebook has rolled out 'Watch', a redesigned video
platform for creators and publishers.Watch is a platform for all creators and publishers to find an audience,
build a community of passionate fans, and earn money for their work. It is personalized to one in discovering
new shows, organized around what your friends and communities are watching.
Useful Info
Facebook HQ – Menlo Park, California, United States
CEO – Mark Zuckerberg
Turkey has started to construct a wall along the 500-km-long border with Iran
Turkey has started to construct a wall along the 500-km-long border with Iran.The construction is aimed at
strengthening the country's security by stopping infiltration by smugglersand Kurdish militants that Turkey
claims have bases and camps on the Iranian side of the border.
Useful Info
Country – Turkey
Capital – Ankara
Currency – Turkish Lira
World Health Organisation (WHO) declared Somalia free of polio
The World Health Organisation (WHO) declared Somalia free of polio. The UN health agency announced
that it had not recorded any case of polio disease in Somalia in the last three years. The declaration by WHO
keeps Somalia outside the last group of countries which still record cases of polio in the world. Afghanistan,
Nigeria, and Pakistan are the remaining countries where polio is still being recorded.
Useful Info
WHO – World Health Organisation
Headquarters - Geneva, Switzerland
Director-General – TedrosAdhanom
Country – Somalia
Capital – Mogadishu
Currency – Somali Shilling
Australian state government has approved the world's biggest single tower solar thermal power plant
Australian state government has approved the world's biggest single tower solar thermal power plant, a 150-
megawatt structure to be built in South Australia by 2020.Solar thermal technology uses mirrors to
concentrate the Sun's light at the top of a tower. This heats the stored molten salt and the heat is then used to
operate steam turbines. The Aurora Solar Energy Project will be built and managed by SolarReservecompany.
Useful Info
Country – Australia
Capital – Canberra
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
105
Currency – Australian Dollar
Norway has the fastest mobile Internet in the world, report by broadband testing Ookla
According to global leader in broadband testingOokla, Norway has the fastest mobile Internet in the
world. The Netherlands and Hungary are ranked number two and three on the list of the world‘s fastest
mobile networks.In only 13 months, Norway has jumped from 11th to first place on the list of world best
providers of fast Internet connection.
Useful Info
1st – Norway (capital – Oslo, currency - Norwegian krone)
2nd
– Netherlands (capital – Amsterdam, currency - Euro)
3rd
– Hungary (capital – Budapest, currency - Hungarian forint)
China halts iron, iron ore and seafood imports from North Korea
China halts iron, iron ore and seafood imports fromNorth Korea, following through on new UN sanctions
over its ally‘s nuclear program.The United Nations Security Council, including permanent member Beijing,
approved tough sanctions against Pyongyang that could cost the country $1 billion a year. China, which is
suspected of failing to enforce past UN measures, accounts for 90% of North Korea‘s trade.
Useful Info
Country – North Korea
Capital – Pyongyang
Currency – North Korean won
Kim Jong-un is the Supreme Leader of North Korea
Melbourne (in Australia) has been named world‟s most liveable city
Melbourne (in Australia) has been named world‘s most liveable city for a record seventh year in a row,
according to the Economist Intelligence Unit‟s Global Liveability Report 2017. Melbourne scored an
overall rating of 97.5 out of 100 on the liveability index.Damascus in Syria was deemed the world's worst
among the 140 cities surveyed. It is the first time in the survey‘s 15-year history that a city has held the No 1
rank in its own right for seven consecutive years. Vienna (in Austria) and Vancouver (in Canada) were on
2nd and 3rd Positions, respectively.
Useful Info
1st city – Melbourne (Australia)
2nd
city - Vienna (Austria)
3rd
city - Vancouver (Canada)
Austria (capital – Vienna, currency – Euro)
Canada (capital – Ottawa, currency – Canadian Dollar)
Earth's Largest Volcanic Region Discovered in Antarctica
The largest volcanic region on Earth, with nearly 100 volcanoes, has been discovered two km below the
surface of the vast ice sheet in West Antarctica. Researchers from the University of Edinburgh in Britain
found a staggering 91 previously unknown volcanoes, adding to the 47 others.These newly discovered
volcanoes range in height from 100 to 3,850 meters, with the highest almost as tall as Switzerland's 3,970
meters Eigermountain. These active peaks are concentrated in a region known as the West Antarctic rift
system.
Emma Stone has been named Hollywood‟s highest-paid female actor in Forbes annual list
Emma Stone has been named Hollywood‟s best-paid female actor in Forbes annual list oftop earners.The
28-year-old made $26m in the last 12 months, the majority of which was earned from her Oscar-winning
performance in the musical romance La La Land. The film made over $445m worldwide.
Useful Info
Emma Stone – won the best actress at the 2017 Oscars for her performance in La La Land
5 Indian-Origin Persons in Fortune‟s Annual „40 Under 40‟ List
Five Indian-origin persons, including Irish Prime Minister Leo Varadkar, have featured in
Fortune‟s annual list of 40 young and influential people in the field of business. Fortune‘s 2017 „40 Under
40‟ list is an annual ranking of the most influential young people who are under 40 in business.The list has
been topped by 39-year-old French President Emmanuel Macron ―France‘s youngest leader since Napoleon‖.
The Indian-origin persons on the list are 26-year-old Divya Nag, who oversees Apple‘s ambitious ResearchKit
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
106
and CareKitprogrammes, Rishi Shah, 31, and ShradhaAgarwal, 32, 31-year-old Leila Janah. The list also
includes Facebook founder Mark Zuckerberg on the second spot.
US and Japan have agreed to advance defence cooperation with countries like India, South Korea and
Australia
The US and Japan have agreed to advance their multilateral security and defence cooperation with
countries like India, South Korea and Australia, amidst China's growing assertiveness in the Asia Pacific
region.During the meeting the ministers underscored the importance of cooperating to promote a rules-based
international order, taking note of the United States continued commitment to maintain a strong presence in the
region and Japans initiatives demonstrated by its ―Free and Open Indo-Pacific Strategy‖.
Useful Info
Country – United states of America, Capital – Washington D.C, Currency – US Dollar
Country – Japan, Capital – Tokyo, Currency – Japanese Yen
Country – South Korea, Capital - , Currency – South Korean Won
Country – Australia, Capital – Canberra, Currency – Australian Dollar
China Launches First Cyber Court in e-commerce Hub
China launched its first cyber court specializing in handling Internet-related cases in the e-commerce hub of
Hangzhou.The Hangzhou Internet Court in Hangzhou will handle cases such as online trade disputes and
copyright lawsuits. Hangzhou is home to many Internet companies, including e-commerce giant Alibaba.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi, Yuan
President – Xi Jinping
Alibaba – E-commerce company
HQ of Alibaba - Hangzhou China
President/Founder of Alibaba – Jack Ma
Saudi Arabia to open Salwa border point to Qatari pilgrims for Haj
Saudi Arabia is going to open up its border and airports for those attending the annual Haj
pilgrimage.Saudi Press Agency (SPA) announced that the Salwa border point would be open for Qataris
performing the Haj, which this year runs from late August to early September.
Useful Info
Country – Saudi Arabia
Capital – Riyadh
Currency - Saudi Riyal
Qatar has launched a new direct route to Pakistan
Qatar has launched a new direct route between the country‘s Hamad Port and Pakistan‟s port of Karachi.It
will boost trade between the two countries.It will also offer ―fast and secure‖ corridor for importers and
exporters, with transit time of six days from Qatar to Karachi and eight days back.
Useful Info
Country – Qatar
Capital – Doha
Currency – Riyal
Hamad Port – Qatar
Nobel Laureate MalalaYousafzai to study at Oxford
Pakistani Nobel Prize winner MalalaYousafzai will study at Oxford University.The 20-year-old will study
philosophy, politics and economics. In April, she became the youngest-ever UN Messenger of Peace.Notable
Oxford alumni include Pakistan former Prime Minister Benazir Bhutto and Myanmar‘s pro-democracy
campaigner Aung San SuuKyi as well as former British Prime Minister David Cameron and his one-time
Labour opponent Ed Miliband.
Useful Info
Oxford University – England
Chancellor - Chris Patten
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
107
Italy to host fall G-7 interior Ministers summit on security
Italy would be hosting the summit of Group of Seven Interior Ministers to discuss on security matters in
October 2017.The meeting is being organised at the request of Italy‟s G-7 partners- Canada, France,
Germany, the United Kingdom, Japan and the United States.
Useful Info
G7 countries – Italy, Canada, France, Germany, United Kingdom, Japan and the United States
Country – Italy
Capital – Rome
Currency - Euro
12-year-old Indian-origin boy Rahul Doshi has been crowned as the UK‟s „Child Genius‟
A 12-year-old Indian-origin boy named Rahul Doshihas been crowned as the UK‟s „Child Genius‟ in a
popular television quiz competition, days after he became an overnight sensation after answering all questions
correctly.RahulDoshi won the Channel 4 show ‗Child Genius‘ by beating his nine-year-old opponent – Ronan
– 10-4. The school boy is from north London.
Useful Info
Country –United Kingdom
Capital – London
Currency – Pound Sterling
Angola gears up for historic vote as President Jose prepares to step down after 38 years
Angola is gearing up for a historic vote tomorrow, as longtime President Jose Eduardo dos Santos prepares to
step down after 38 years in power.
For more than two-thirds of the population, he is the only leader they have ever known. And the vast majority
of eligible voters have never seen a ballot without his name on it.
Nepal PM Deuba on 5 day visit to India
Prime Minister of Nepal SherBahadurDeuba reached New Delhi on a 5-day visit to India. He was received by
External Affairs Minister SushmaSwaraj. MrDeuba will call on President Ram NathKovind, Vice President
Venkaiah Naidu and hold talks with Prime Minister NarendraModi. This is MrDeuba's first visit abroad after
assuming the office of Prime Minister of Nepal in June this year. A high-level delegation is accompanying the
Nepalese Prime Minister.
Country: Nepal
Capital: Kathmandu
Currency: Nepalese rupee
President: Bidhya Devi Bhandari
PM: SherBahadurDeuba
Rajnath to attend SCO meet in Kyrgyz Republic
A two-day Meeting of Heads of Governments of Shanghai Cooperation Organization (SCO) Member States
will begin at Choplon Ata in Kyrgyz Republic. The meeting will focus on prevention and elimination of
emergency situations. Home Minister Rajnath Singh is leading the Indian delegation which includes senior
officers from Home and External Affairs Ministries and National Disaster Management Authority.
Country: Kyrgyz Republic
Capital: Bishkek
Currency: Kyrgyzstani som
President: AlmazbekAtambayev
Nepal launches Climate-Smart Snow Leopard Plan
Nepal launched its climate-smart snow leopard landscape management plan.The plan is thefirst climate-
smart landscape management plan for snow leopard conservation in the world.
Country: Nepal
Capital: Kathmandu
Currency: Nepalese rupee
President: Bidhya Devi Bhandari
PM: SherBahadurDeuba
To boost the bilateral relations India-Nepal signed 8 agreements
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
108
India and Nepal signed eight agreements in different areas of mutual benefit including demand reduction and
prevention of illicit trafficking in narcotic drugs and cooperation in the field of standardization and conformity
assessment among others. The agreements were signed in New Delhi during Nepal Prime Minister
SherBahadurDeuba visit to India.
Country: Nepal
Capital: Kathmandu
Currency: Nepalese rupee
President: Bidhya Devi Bhandari
PM: SherBahadurDeuba
Diplomatic ties with Iran amid Gulf crisis restored by Qatar
Qatar on Thursday restored full diplomatic relations with Iran amid an ongoing diplomatic dispute with several
Arab countries, including Saudi Arabia, the UAE, Egypt, and Bahrain which have accused the Gulf nation of
supporting terrorism. Qatar cut ties with Iran last year to show solidarity with Saudi Arabia after two of Saudi's
diplomatic posts were attacked in Iran.
Country: Qatar
Capital: Doha
Currency: Qatari riyal
PM: Abdullah bin Nasser bin Khalifa Al Thani
Country: Iran
Capital: Tehran
Currency: Iranian rial
President: Hassan Rouhani
Israel promotes 'anti-terrorism' tourism in India
The Israeli Ministry of Tourism is hoping to promote "anti-terrorism" or "defence" tourism in India with the
help of Indian travel agents, a senior Tourism Ministry official said on Thursday. He said tourists "want to
know how to shoot, how to hide, how to tackle. It's similar to paintball... We are interested in promoting
anything that brings in more tourists."
Country: Israel
Capital: Jerusalem
Currency: New shekel
President: Reuven Rivlin
Prime Minister: Benjamin Netanyahu
Australian Trade Minister leads at 'Business Week' in India
Australia's Minister for Trade, Tourism and Investment Steven Ciobo will lead a major mission named to India
- the second Australia Business Week in India (ABWI) – to India. The mission scheduled to be held from 28
August to 1 September 2017 will aim at deepening the collaboration between the two nations in different fields.
Country: Australia
Capital: Canberra
Currency: Australian Dollar
Prime Minister: Malcolm Turnbull
Gender-neutral passports allowed by Canada to promote equality
The Canadian government announced that citizens, who do not identify with a particular gender, whether male
or female, would soon be able to obtain gender neutral passports.The citizens would be able to mark "X" in
space of gender on their passports and other identity documents. The decision would be effective starting 31
August 2017.
Country: Canada
Capital: Ottawa
Currency: Canadian Dollar
Prime Minister: Justin Trudeau
To improve safety, China to shut 6,000 non-coal mines by 2020
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
109
China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State
Administration of Work Safety said in the five-year plan document. Beijing will seek to reduce major accidents
by 15% by 2020 from 2015 levels in the non-coal mining sector, the work safety body said in a statement.
Country: China
Capital: Beijing
Currency: Renminbi (Yuan)
President: Xi Jinping
Sushma Swaraj participate in the two-day Indian Ocean Conference to be held in Colombo
External Affairs Minister SushmaSwaraj will participate in the two-day Indian Ocean Conference to be
held in Colombo, Sri Lanka in which Sri Lankan prime minister and president are among key speakers.The
theme of the conference is peace, progress, and prosperity. It will see participation from around 35
countries and have speakers from 25 countries. The conference will be held in Temple Trees, the official
residence of the Lankan prime minister.
Useful Info
Country – Sri Lanka
Capital – Colombo (Commercial Capital), Sri Jayawardenepura Kotte (legislative Capital)
Currency – Sri Lankan Rupee
PM – Ranil Wickremesinghe
President – Maithripala Sirisena
India and China have agreed to withdraw their troops from Doklam
India and China have agreed to withdraw their troops from Doklam after being in a standoff for over two
months. According to the Ministry of External Affairs, the expeditious disengagement has been agreed to and
is going on.The standoff had started after India objected to China constructing a road in the disputed area.
Useful Info
Country – China
Capital –Beijing
Currency – Renminbi, (Yuan)
President – Xi Jinping
DhruvGarg, 13-year-old Indian-origin boy in UK gets top score in Mensa IQ
A 13-year-old Indian-origin boy in the UK has got the highest possible score of 162 on a Mensa IQ test,
placing him in the top one per cent people in the world who achieved this feat. DhruvGarg, from Wokingham
in south east England, was looking for something to occupy his time during the summer holidays and decided
to try out for the intellectual society.
World's Toughest Law against Plastic Bags has been imposed in Kenya
In Kenya, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000.
It is the world‟s toughest law which is aimed at reducing plastic pollution came into effect.The East African
nation joins more than 40 other countries that have banned, partly banned or taxed single use plastic bags,
including China, France, Rwanda, and Italy.
Useful Info
Country – Kenya
Capital – Nairobi
Currency –Kenyan shilling
President - Uhuru Kenyatta
United Nations World Tourism Organization (UNWTO), reported that the island of Tuvalu was the least
visited country in 2016
According to a report by the United Nations World Tourism Organization (UNWTO), the island of Tuvalu
was the least visited countryin 2016. According to the report, 2,000 people visited Tuvalu in 2016, while
1,000 people visited the country in 2014. Located in the South Pacific Ocean, Tuvalu is 4.6 meters above sea
level and has a population of 11,000 people.
Useful Info
Country – Tuvalu
Capital –Funafuti
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
110
Currency - Australian dollar, Tuvaluan dollar
Narendra Modi to Attend 9th BRICS Summit in China
Prime Minister NarendraModi will attend the 9th BRICS Summit, Xiamen in China‟s Fujian province
during 3rd to 5th of September. Subsequently, the Prime Minister will pay a State visit to Myanmar from
September 5th to 7th.
Useful Info
BRICS – Brazil (Brasília, Brazilian real), Russia (Moscow, Russian Ruble), India ( New Delhi, Indian Rupee),
China (Beijing, Renminbi – Yuan), South Africa (Cape Town, Pretoria, Bloemfontein, Currency - South African
rand)
The 8th BRICS Summit held on 16th October 2016 at Goa, India.
World's longest commercial flight to be announced by Qantas Airways
Qantas Airways is set to offer a 20-hour non-stop flight from Sydney to London, making this the world's
longest non-stop commercial flight. The flight, which will cross ten time zones, will reportedly be made
available within the next five years. It will take a 17,038-kilometre route over Asia and Europe, and another
over the North Pole.
Organisation: Qantas Airways
Headquarters: Mascot, Australia
CEO: Alan Joyce
The United States to install radar systems in Palau
The United States on 24 August 2017 announced its plans to install radar systems in Palau which is about 1300
kilometres south-west of Guam, the US Pacific territory that Pyongyang threatened to fire missiles towards
earlier in August 2017.The US move will increase its monitoring ability in the western Pacific region recently
rocked by threats from North Korea.
Country: US
Capital: Washington, D.C.
Currency: US Dollar
President: Donald Trump
Country: Palau
Capital: Ngerulmud
Currency: United States Dollar
President: TommyRemengesau
For miningBrazil opens Amazon national reserve
The Government of Brazil in August 2017 abolished a vast national reserve in the Amazon to open up the area
to mining.The area covers 46000 sq km and straddles the northern states of Amapa and Para. The area is
believed to be rich in gold, zinc, phosphate, manganese and other minerals.The government went on to state
that nine conservation and indigenous land areas within it would, however, continue to be legally protected.
Country: Brazil
Capital: Brasilia
Currency: Brazilian real
PM: Dilma Rousseff
President: Michel Temer
Unicity Launched World‟s First ever Genomeceuticals Range of Products in India
Unicity International, headquartered in Orem, Utah, United States has launched world's first ever
Genomeceutical (gene controlling) range of products to India.DNA contains the biological code that
defines every single protein in the body. DNA undergoes a process called transcription or gene expression that
creates a "messenger" molecule, telling the body to make a specific protein.
Useful Info
Unicity International HQ - Orem, Utah, United States
US President Donald Trump bans transgender recruits from US military
President Donald Trump has formally signed a presidential memo directing the Pentagon to ban transgender
people from joining the US military.According to a senior White House official Trump also ordered the
military to stop paying for gender-reassignment surgical procedures from March 23.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
111
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
Present President – Donald Trump
Sushma Swaraj meets Maithripala Sirisena in Colombo to discuss bilateral issues
External Affairs Minister Sushma Swaraj today met Sri Lankan President Maithripala Sirisena in Colombo and
discussed bilateral issues. Foreign Secretary Dr. S. Jaishankar along with a delegation of other senior officials
were present in the meeting. The minister, on a two -day official visit to Sri Lanka to participate in the second
Indian Ocean Conference-IOC 2017, also met her Sri Lankan counterpart Tilak Marapana before leaving back
home.
Useful Info
Union External Affairs Minister – Sushma Swaraj
Constituency – Vidisha, Madhya Pradesh
Country – Sri Lanka
Capital – Colombo,
Currency – Sri Lankan Rupee
Council of Scientific and Industrial Research (CSIR) has been ranked 9th in the world
India's largest autonomous public organisation Council of Scientific and Industrial Research (CSIR) has
been ranked ninth in the world. The institute has been ranked ninth amongst a total of 1,207 government
institutions, according to the Scimago Institutions ranking World Report 2017. It is the only Indian
organisation which has found place amongst the Top 100 Global Institutions. The ranking (Government
Institutions) was topped by the Chinese Academy of Sciences.
Useful Info
CSIR - Council of Scientific and Industrial Research
Director General of CSIR - Girish Sahni
World's Highest Sandcastle Built in German City
The world's highest sandcastle is now standing 16.68 meters tall in the German city of Duisburg. A
German travel operator organized the construction of the mammoth sandcastle, bringing in 3,500 tons of sand
over the past three and a half weeks to the site at a former steelworks in the inland city. It takes the title from a
14.84-metre sandcastle built early this year in India by sand artist Sudarsan Pattnaik.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
Chancellor - Angela Merkel
Indian Sand Artist - Sudarsan Pattnaik
Death toll in Mexico from tropical storm Lidia rises to 7
The death toll from Tropical Storm Lidia that swept across Mexico's Baja California peninsula has risen to
seven. Officials said five of the deaths occurred at the resort town of Cabo San Lucas. According to the United
States' National Hurricane Center, Lidia is advancing over the peninsula, home to a swank strip of beach
resorts, with maximum sustained winds of 65 kilometres per hour.
Useful Info
Country – Mexico
Capital – Mexico City
Currency - Mexican peso
9th BRICS Summit has started in Xiamen, China
The 9th BRICS Summit has started in Xiamen, China with a group photograph of leaders of the five
countries (Brazil, Russia, India, China, and South Africa) and was preceded by a warm handshake between
Prime Minister Narendra Modi and Chinese president Xi Jinping.
Useful Info
Country – China
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
112
President – Xi Jinping
BRICS Countries
Brazil – Brasília, Brazilian real
Russia – Moscow, Russian Ruble
India – New Delhi, Indian Rupee
China – Beijing, Renminbi (Yuan)
South Africa – Cape Town, Pretoria, Bloemfontein, Currency - South African Rand
The theme of the 9th BRICS Summit is "Stronger Partnership for a better future".
Arun Jaitley will attend key security dialouge with Japan today
Finance Minister Arun Jaitley will attend a key security dialouge with Japan today. Mr Jaitley said he will hold
a bilateral dialogue with his Japanese counterpart, ahead of a visit of Japanese Prime Minister Shinzo Abe to
India later this month. He added, that it is a very important security dialogue between the two countries.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
Union Finance Minister – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
State of emergency declared in Los Angeles
A state of emergency has been declared in Los Angeles as the city battles the worst wildfires in its history.
Hundreds of homes have been evacuated around the Glendale and Burbank suburbs. The fires, covering about
5,000 acres, started in La Tuna Canyon on Friday and have sent plumes of smoke over the city. At least three
homes have already been destroyed and a major road, the 210 Freeway, closed.
China Announced $80 Million Funding Plan for BRICS
China will give 500 million yuan ($76.4 million) for a BRICS economic and technology cooperation plan,
and another $4 million for projects at the BRICS countries' New Development Bank stated Chinese President
Xi Jinping. The announcement came amid questions over the relevance of BRICS and China's commitment to
its New Development Bank (NDB) in light of the Belt and Road initiative and the China-led Asian
Infrastructure Investment Bank.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
Astronaut Peggy Whitson returned to Earth
Astronaut Peggy Whitson returned to Earth. Finishing a 288-day mission that put her over the top as the
American who has spent the most cumulative amount of time in space. Peggy Whitson, 57, is also the
oldest female astronaut in the history of space exploration, was the first female International Space
Station commander, and holds the record for number of spacewalks by a woman.
China Bans Raising Funds Through Cryptocurrencies
China has banned individuals and organizations from raising funds through Initial Coin Offerings (ICO), or
launches of digital currencies, saying the practice constituted illegal fund-raising. ICOs have become a bonanza
for digital currency entrepreneurs, globally and in China, allowing them to raise large sums quickly by
creating and selling digital “tokens” with little or no regulatory oversight. The popularity of coin offerings
has surged in China this year. In July, the state news agency Xinhua said there had been 65 ICOs so far during
the year raising a combined 2.62 billion yuan ($394.6 million) from 105,000 individuals in the country.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
Sushma Swaraj arrives in Russia on three-day visit
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
113
External Affairs Minister Sushma Swaraj arrived in Russian port city of Vladivostok on a three-day visit
to attend the third Eastern Economic Forum which will deliberate on pressing issues relating to global trade.
She will also hold bilateral talks with her Russian counterpart Sergei Lavrov. The Eastern Economic Forum
is considered as the biggest international communication platform for cooperation between businesses leaders
and senior government representatives from Russia, the Pacific Region and the Association of Southeast Asian
Nations (ASEAN). Delegates from at least 24 countries including the US, Japan, China, Australia, Canada,
Britain and Germany are attending the gathering, as per Russian media reports.
Useful Info
Country – Russia
Capital – Moscow
Currency – Russian Ruble
Union Minister for External Affairs – Sushma Swaraj
Constituency – Vidisha, Madhya Pradesh
UJALA Scheme Launched in Melaka, Malaysia
Energy Efficiency Services Limited (EESL), under Ministry of Power, Government of India has launched
UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia. The
Scheme was launched by Chief Minister of Melaka Datuk Seri Utama Ir. Hj. Idris Bin Hj. Haron. Under this
scheme, each household in Melaka will get 10 high-quality 9-watt LED bulbs.
Useful Info
Country – Malaysia
Capital – Kuala Lumpur
Currency – Malaysian ringgit
PM Modi on January 5, 2015, had launched the world's largest, and most extensive LED distribution program,
UJALA (Unnat Jyoti by Affordable Lighting for All).
Hurricane Irma set to hit Florida keys, Tampa in US; 6.3 million people evacuated
Hurricane Irma is expected to hit the coast of Florida, in the US, but the outer bands are already affecting the
south of the state and central Miami is being lashed by heavy rain. National Hurrican Centre reports that with
sustained winds at 200 kilometres per hour, Irma has slowly began turning from Cuba's northern coast up into
the Florida Strait. The storm is expected to strengthen again and remain a powerful hurricane when it reaches
Florida.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
Second Indian Workers‟ Resource Centre Inaugurated in UAE
Indian Ambassador in UAE Navdeep Singh Suri inaugurated the second Indian Workers‟ Resource
Centre (IWRC) in UAE to provide support and counseling to Indians in distress. IWRC provides counseling
and support to the overseas Indian Community on legal, personal and financial matters, free of cost. IWRC will
provide support and guidance to any member of the Indian community in any such distress situation. Members
of the Indian Community can call this centre from anywhere in UAE through a toll free number 800 INDIA
or 80046342. The helpline will work 24×7 and will have multi lingual facility to help the Indian diaspora
staying in UAE.
Useful Info
UAE – United Arab Emirates
Capital – Abu Dhabi
Currency – United Arab Emirates dirham
Khalifa bin Zayed bin Sultan Al Nahyan is the President of the United Arab Emirates (UAE)
Indian Ambassador to UAE - Navdeep Singh Suri
Prince Charles Becomes Longest-Serving Prince of Wales
Prince Charles, the heir to Britain‘s throne, became the longest-serving Prince of Wales in history. The 68-
year-old broke the record of Queen Victoria‘s oldest son Albert, who went on to become King Edward VII
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
114
after holding the title of Prince of Wales for more than 59 years before becoming monarch. Prince Charles is
the 21st Prince of Wales in the current line. Prince Charles was created Prince of Wales when he was nine
years old on July 26, 1958. He has now held the title for more than 59 years.
British Parliament Passed EU Withdrawal Bill
The Government‘s bid to extract the UK from EU law in time for Brexit has passed its first Parliamentary
test. The EU Withdrawal Bill was backed by MPs by 326 to 290. The bill, which will end the supremacy of
EU law in the UK, now moves onto its next Parliamentary stage. Previously referred to as the Great Repeal
Bill, the EU Withdrawal Bill overturns the 1972 European Communities Act which took the UK into the then
European Economic Community. It will also convert all existing EU laws into UK law, to ensure there are no
gaps in legislation on Brexit day.
Useful Info
Country – United Kingdom
Capital – London
Currency – Pound Sterling
Facebook fined €1.2 mn by Spain data watchdog
Spain‘s data protection watchdog has slapped a fine of €1.2 million euros (9 crore rupees) on Facebook for
failing to prevent its users‘ data being accessed by advertisers. Facebook collected personal data from its users
in Spain without obtaining their ―unequivocal consent‖, the Spanish Data Protection Agency said.
Useful Info
Facebook headquarters – Menlo Park, California, United States
Country – Spain
Capital – Madrid
Currency - Euro
London- World's Top Financial Center
London retained its crown as the world‟s top financial center in a ranking that surveys industry professionals,
extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of
Brexit. The U.K. capital fell only two points in the latest Global Financial Centres Index published by Z/Yen
and the China Development Institute, the smallest decline among the top 10 centers. New York held on to
second place. In Asia, Hong Kong leapfrogged Singapore into third place.
Useful Info
Country – United Kingdom
Capital – London
Currency – Pound Sterling
Global Human Capital Index: India at 103, Norway Tops
India has been placed at a low 103 rank, the lowest among BRICS economies, on the World Economic
Forum's Global Human Capital Index. The list has been topped by Norway. The list takes into account "the
knowledge and skills people possess that enable them to create value in the global economic system" to
measure the 'human capital' rank of a country. India is ranked lower than its BRICS peers, with Russian
Federation placed as high as 16th place, followed by China at 34th, Brazil at 77th and South Africa at 87th
place. The report measures total 130 countries.
Useful Info
Top 5 countries in the list are- 1. Norway (Oslo, Norwegian krone)
2. Finland (Helsinki, Euro)
3. Switzerland (Bern, Swiss Franc)
4. United States (Washington D.C, US Dollar)
5. Denmark (Copenhagen, Danish krone)
India ranked - 103rd
India has started 'Operation Insaniyat' to provided assistance to Bangladesh
India has started 'Operation Insaniyat' to provided assistance to Bangladesh in response to the humanitarian
crisis being faced on account of the large influx of Rohingya refugees into that country from Myanmar. The
first tranche of India‘s relief aid for the Rohingya refugees in Bangladesh arrived and was handed over by the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
115
Indian envoy Harsh Vardhan Sringla to the General Secretary of ruling Awami League, Obaidul
Quader.
Useful Info
Country – Bangladesh
Capital – Dhaka
Currency - Bangladeshi taka
Three Indians Among World's '100 Greatest Living Business Minds'
Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in
Forbes‟s special list of the world‘s ‗100 Greatest Living Business Minds. Some of the notable honorees
alongside Blank are- Warren Buffett, Bill Gates, Jeff Bezos, Mark Zuckerberg, Ted Turner, Rupert Murdoch,
Donald Trump and more
India to Conduct the First „BIMSTEC Disaster Management Exercise- 2017‟
The First „BIMSTEC Disaster Management Exercise- 2017‟ (BIMSTEC DMEx-2017) will be conducted by
the National Disaster Response Force (NDRF) as the lead agency from October 10-13, 2017 in Delhi and the
National Capital Region (NCR). This Exercise will be a platform for sharing Best Practices on all aspects of
Disaster Risk Reduction (DRR), strengthening regional response and coordination for Disaster Management
among the BIMSTEC member countries.
Useful Info
BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
BIMSTEC Nations - Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand
First ever National Conference on 'Mission Mode to address Under-Nutrition' held in New Delhi
The Ministry of Women and Child Development holds the first ever National Conference in New Delhi on
Mission Mode to address Under-Nutrition in the country. This conference is being organized keeping in
mind the goal of “Malnutrition Free India-2022”. The National Conference, first of its kind, aims at bringing
convergence at District/Block levels of the three key Departments (Health & Family Welfare, ICDS/Social
Welfare and Drinking Water and Sanitation) wherein a roadmap would be drawn to evolve an appropriate
strategy in tackling the problem of stunting, under-nutrition and wasting comprehensively and conclusively.
Useful Info
CM of New Delhi - Arvind Kejriwal
Governor of New Delhi – Anil Baijal
Minister of Women and Child Development – Menaka Sanjay Gandhi
Constituency – Pilibhit (Uttar Pradesh)
Government to launch mobile app for retiring government staff
Government will launch a mobile application for central government employees to help them to monitor the
progress of their pension settlement cases. Retired employees will also be able to assess their superannuation
funds and record complaints through the pension calculator. Minister of State for Public grievances and
Pensions Dr Jitendra Singh will launch the app in New Delhi.
Useful Info
Minister of State for Public grievances and Pensions - Dr Jitendra Singh
Constituency – Udhampur, Jammu & Kashmir
Three Indians Among World's '100 Greatest Living Business Minds'
Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in
Forbes‟s special list of the world‘s ‗100 Greatest Living Business Minds. Some of the notable honorees
alongside Blank are- Warren Buffett, Bill Gates, Jeff Bezos, Mark Zuckerberg, Ted Turner, Rupert Murdoch,
Donald Trump and more
India to Conduct the First „BIMSTEC Disaster Management Exercise- 2017‟
The First „BIMSTEC Disaster Management Exercise- 2017‟ (BIMSTEC DMEx-2017) will be conducted by
the National Disaster Response Force (NDRF) as the lead agency from October 10-13, 2017 in Delhi and the
National Capital Region (NCR). This Exercise will be a platform for sharing Best Practices on all aspects of
Disaster Risk Reduction (DRR), strengthening regional response and coordination for Disaster Management
among the BIMSTEC member countries.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
116
BIMSTEC - Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
BIMSTEC Nations - Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand
First ever National Conference on 'Mission Mode to address Under-Nutrition' held in New Delhi
The Ministry of Women and Child Development holds the first ever National Conference in New Delhi on
Mission Mode to address Under-Nutrition in the country. This conference is being organized keeping in
mind the goal of “Malnutrition Free India-2022”. The National Conference, first of its kind, aims at bringing
convergence at District/Block levels of the three key Departments (Health & Family Welfare, ICDS/Social
Welfare and Drinking Water and Sanitation) wherein a roadmap would be drawn to evolve an appropriate
strategy in tackling the problem of stunting, under-nutrition and wasting comprehensively and conclusively.
Useful Info
CM of New Delhi - Arvind Kejriwal
Governor of New Delhi – Anil Baijal
Minister of Women and Child Development – Menaka Gandhi
Constituency – Pilibhit (Uttar Pradesh)
Government to launch mobile app for retiring government staff
Government will launch a mobile application for central government employees to help them to monitor the
progress of their pension settlement cases. Retired employees will also be able to assess their superannuation
funds and record complaints through the pension calculator. Minister of State for Public grievances and
Pensions Dr Jitendra Singh will launch the app in New Delhi.
Useful Info
Minister of State for Public grievances and Pensions - Dr Jitendra Singh
Constituency – Udhampur, Jammu & Kashmir
13th Inter-Governmental Commission Meeting in Kazakhstan
Union Minister for Petroleum and Natural Gas and Skill Development and Entrepreneurship, Shri
Dharmendra Pradhan is in Astana, Kazakhstan to co-chair the 13th Meeting of Inter-Governmental
Commission (IGC) with Kazakhstan. Mr Kanat Bozumbayev, Minister of Energy of Kazakhstan will co-
chair the meeting from Kazakhstan side. The IGC meeting aims to follow up on the agenda set between India
and Kazakhstan during the two visits of Prime Minister Shri Narendra Modi to Kazakhstan.
Useful Info
Country – Kazakhstan
Capital – Astana
Currency – Kazakhstani tenge
Union Minister for Petroleum and Natural Gas and Skill Development and Entrepreneurship - Shri Dharmendra
Pradhan
Constituency – Rajya Sabha, Bihar
40 million people trapped in modern slavery: UN report
United Nations said, an estimated 40 million people, mostly women and girls, are trapped in modern slavery
and 152 million children are subject to child labour. According to a UN report published during the UN
General Assembly among 40 million people trapped in modern slavery, 29 million are women and girls. The
report said one in four victims of modern slavery are children and about 52 million children are subject to child
labour, accounting for almost one in ten children around the world. The largest part of them are living in Africa
followed by Asia and the Pacific. Over 70 per cent of the child labourers remain in agriculture, while 17 per
cent work in the services sector and almost 12 per cent in industry, the report said. The data was developed
jointly by the International Labour Organisation (ILO), the Walk Free Foundation and the International
Organisation foAr Migration (IOM).
Useful Info
ILO - International Labour Organisation
Headquarters of ILO - Geneva, Switzerland
IOM - International Organisation for Migration
Headquarters of IOM - Geneva, Switzerland
India has replaced China as the top retail destination in 2017
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
117
India has replaced China as the top retail destination in 2017 as part of the global retail development index.
The change in ranking was an outcome of four factors including increased consumer spending beyond
essentials, rising mobile and internet penetration, favorable foreign investment climate and bold action on
cashless transaction and GST.In addition to the bigger retailers and brands, the mid-size brands from across the
world are also looking to cash on the relaxed retail policy in India.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
Union Minister of Finance –ArunJaitley
Constituency –Gujarat, RajyaSabha
WHO Grants $175,000 for 'Vulnerable Population' of Bangladesh
The World Health Organization (WHO) has released its first tranche of emergency funding of $175,000 to
provide life-saving healthcare to the "vulnerable population" in Bangladesh's Cox's Bazar.The WHO
South-East Asia Regional Health Emergency Fund (SEARHEF) grant will support 20 mobile medical teams to
provide essential services for at least two months. The grant is also being used to procure essential medicines
and medical supplies to be distributed to pre-existing health facilities in Cox's Bazar area.
Useful Info
WHO – World Health Organization
Headquarters of WHO – Geneva, Switzerland
Director General of WHO–TedrosAdhanomGhebreyesus
Country – Bangladesh
Capital – Dhaka
Currency –Bangladeshi Taka
Fifty countries have signed a treaty to ban nuclear weapons
Fifty countries have signed a treaty to ban nuclear weapons, a pact that the world‘s nuclear powers spurned
but supporters hailed as a historic agreement nonetheless.More than 120 countries approved the new nuclear
weapons ban treaty in July 2017 over opposition from nuclear-armed countries and their allies, who boycotted
negotiations. Among 50, Brazil was the first country to sign onto the ban, followed by nations from Algeria
to Venezuela.
Useful Info
UN – United Nation
Headquarters - New York, United States
World‟s Fastest Commercial Bullet Train in China
China restored the maximum speed of bullet trains on the Beijing-Shanghai high-speed railway line to 350
kilometres per hour, making it the fastest commercially run train, six years after it reduced the speed due to
a fatal accident. The speed was reduced to 300 kilometres per hour following the deadly accident in July 2011
that killed 40 people.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
Uber Stripped of its Licence to Operate in London
London's transport regulator stripped Uber of its licence to operate, affecting over 40,000 drivers in a huge
blow to the taxi app. The final day of Uber's licence will be on September 30. In London, Uber has faced
criticism from unions, lawmakers and traditional black cab drivers over working conditions.
Useful Info
Country – United Kingdom
Capital – London
Currency – Pound Sterling
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
118
CEO of UBER - Dara Khosrowshahi
India Gets its First High Horsepower Locomotive from France
India has received its first High Horsepower Locomotive with the bodyshell of 12000 HP loco from Alstom
France at Kolkata port. This first-of-its-kind high-power electric locomotive will be used to haul freight trains
at twice the existing speed by 2018. This is the first major FDI (Foreign Direct Investment) project in the rail
sector. The first such locomotive is estimated to cost about Rs 30 crore. The Indian Railways is currently using
6,000HP locomotives for freight services. The locomotive will run at a speed of up to 120 km/h.
Useful Info
Union Railway Minister - Piyush Goyal
Constituency – Rajya Sabha, Maharashtra
Country – France
Capital – Paris
Currency - Euro
China's Hui Ka Yan Becomes Asia's Richest Man according to the Forbes Real-Time Billionaires List
Hui Ka Yan, the chairman of big China real estate developer China Evergrande Group, has become Asia‟s
richest man according to the Forbes Real-Time Billionaires List. Among mainland Chinese, Hui‘s estimated
fortune of $42.2 billion puts him ahead of Tencent Holdings Chairman Ma Huateng ($39.1 billion),
Alibaba Group Chairman Jack Ma ($38.9 billion), and Wanda Group Chairman Wang Jianlin ($30.4
billion). Ma Huateng currently ranks second in Asia and Jack Ma third.
Useful Info
Forbes – Forbes is an American business magazine
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
MC Mary Kom, First Indian to be AIBA Representative at IOC Athletes‟ Forum
Five-time world champion and Olympic bronze-medallist M C Mary Kom has become the first Indian to be
picked as the International Boxing Association‟s (AIBA) representative for the International Olympic
Committee (IOC) Athletes‘ Forum. The event, however, overlaps with the Asian Championship in Vietnam,
which is scheduled from November 2 to 12. If Mary Kom is selected for the tournament after trials, her
participation at the IOC event would become uncertain.
Useful Info
AIBA - International Boxing Association‘s
Headquarters - Lausanne, Switzerland
Angela Merkel Wins 4th Term as Chancellor of Germany
Angela Merkel won a fourth term as chancellor in Germany elections that lifted the far-right party
Alternative for Germany into parliament for the first time since the immediate aftermath World War II.
Merkel‘s Christian Democrat-led bloc took 32.5% to defeat Martin Schulz‘s Social Democrats, whose 20% is
its worst result since the war, the exit polls for national broadcasters ARD and ZDF showed.
Useful Info
Country – Germany
Capital – Berlin
Currency - Euro
WEF‟s Global Competitiveness Rankings: India Ranks 40th, Switzerland Tops
India remains the most competitive country in South Asia, appearing at No. 40 in the global
competitiveness ranking of 137 countries by the World Economic Forum (WEF). The ranking is one lower
than last year. According to WEF, India‘s score is its highest ever according to the current methodology, which
ranked Switzerland as the world‟s most competitive economy.
Useful Info
World‘s top three competitive economic countries
1st – Switzerland (Bern, Swiss franc)
2nd
– United States of America (Washington D.C, US Dollar)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
119
3rd
– Singapore (Singapore, Singapore Dollar)
40th
- India
India ranks 3rd among BRICS nations
China (27th) and Russia (38th) outshine India among the BRICS group of large emerging markets.
‟Incredible India‟ Campaign Launched in Cairo, Egypt
India launched a campaign to woo Egyptian travellers and make them aware of magnificent holiday options
in the country. The month-long "Incredible India!" campaign has been organised by the Embassy of India in
Cairo. As a part of the campaign, 12 buses of transport authority will showcase various tourist destinations in
India, including culture, festivals, monuments, landscape, wildlife, people and food.
Useful Info
Country – Egypt
Capital – Cairo
Currency – Egyptian pound
Two Indians on Fortune's List of 'Most Powerful Women in International Business'
Two Indian women have featured on Fortune's list of Most Powerful Women in business outside the US.
Managing Director and CEO of ICICI Bank Chanda Kochhar was ranked fifth and Managing Director and
CEO of Axis Bank Shikha Sharma was ranked at 21. Group Executive Chairman of Spain's Banco
Santander Ana Botín topped the list. The 50 global businesswomen represent 17 countries and many
industries.
Useful Info
Top three Most Powerful Women in business in the List are- 1
st Ana Botin (Spain)
2nd
Emma Walmsley (UK)
3rd
Isabelle Kocher (France).
5th
Chanda Kochhar (ICICI Bank CEO)
21st Shikha Sharma (Axis Bank CEO)
Two US Lawmakers Introduce Legislation in House of Representative to Support India‟s Permanent
Membership to UNSC
In the United States, two influential Democratic lawmakers have introduced a legislation in the House of
Representative to support India‘s permanent membership to the UN Security Council. Introduced by
Congressman Ami Bera and Congressman Frank Pallone, the resolution would put the House officially on
record in support of India‘s bid. Ami Bera, Vice Ranking Member on the House Foreign Affairs
Committee and longest serving Indian-American in Congress stated that securing a permanent spot for India
on the UN Security Council would strengthen democracy around the world.
Useful Info
UN – United Nation
Headquarters of UN – New York
Twitter Announces Test Project Allowing Tweets to be Expanded From 140 to 280 Characters
Twitter has announced a test project allowing tweets to be expanded to 280 characters, double the existing
limit in the latest effort to boost flagging growth at the social network. It aims to address a major cause of
frustration for many users. Twitter, which became a public company in 2013, has never reported a profit even
though it has built a loyal base of celebrities, journalists and political figures.
Useful Info
Twitter HQ - San Francisco
CEO of Twitter - Jack Dorsey
Saudi Arabia‟s King Salman has issued a decree allowing women to drive for the first time
Saudi Arabia‟s King Salman has issued a decree allowing women to drive for the first time. The order will
be implemented by June 2018. The royal decree will implement the provisions of traffic regulations, including
the issuance of driving licences for men and women alike. Saudi Arabia is the only country in the world to
forbid women from driving. Saudi women remain largely under the whim of male relatives due to
guardianship laws.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
120
Country – Saudi Arabia
Capital – Riyadh
Currency - Saudi riyal
Austria‟s law banning face veils such as burkhas or niqabs has come into effect
Austria‟s law banning face veils such as burkhas or niqabs has come into effect from now. according to the
government, acceptance and respect of Austrian values are basic conditions for successful cohabitation
between the majority Austrian population and people from third countries living in Austria. Exemptions under
certain conditions include items like clown disguises at cultural events, work wear such as medical masks, and
scarves in cold weather. There are around 7 lakh Muslims in Austria.
Useful Info
Country – Austria
Capital – Vienna
Currency – Euro
India opens two border crossing points with Myanmar, Bangladesh
India has opened two immigration check posts along the borders with Myanmar and Bangladesh. In a
gazette notification, the Home Ministry said, the Central government has designated Zorinpui land check
post in Lawngtlai district of Mizoram as an authorised immigration check post for entry into or exit from
India with valid travel documents for all classes of passengers to or from Myanmar. The Central government
has also designated Kawrpuichhuah land check post in Lunglei district of Mizoram as an authorised
immigration check post for entry into or exit from India with valid travel documents for all classes of
passengers to or from Bangladesh. Zorinpui was selected for a new land custom station along the Indo-
Myanmar border in Mizoram for the Kaladan multi-modal project. Kawarpuchiah is situated in Mizoram
along a riverine border with Bangladesh.
Useful Info
Country – Myanmar, Naypyidaw, Burmese kyat
Country – Bangladesh, Dhaka, Bangladeshi Taka
China marks 68th National Day
China marked the 68th anniversary of the founding of People's Republic of China. More than 115,000 people
from across China gathered at the Tiananmen Square at the heart of Beijing to watch the raising of the National
Flag. At the backdrop was a 17-meter-tall giant display in the shape of a floral basket, which symbolizes a
thriving and prosperous country. The National Day is celebrated with a week-long holiday.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
GIFT City's IFSC Bags 10th Place in Global Financial Centres Index
Gujarat International Finance Tec-City (GIFT City)'s International Financial Services Centre (IFSC)
has bagged the 10th spot in the latest edition of Global Financial Centres Index (GFCI), London. GIFT
IFSC is ranked tenth, ahead of Luxembourg, Seoul, Abu Dhabi, Toronto and Beijing in the list of the GFCI
report, which has 15 centres that are likely to become more significant in the next few years. Including GIFT
City's IFSC, six of the top ten emerging centres are in Asia.
Useful Info
Country – United Kingdom
Capital – London
Currency – Pound Sterling
India, Nepal to Conduct First Joint Tiger Count
For the first time, Nepal and India will undertake a joint tiger census in their national parks, forests and
protected areas adjoining the two countries using a globally-recognised method. The counting of tigers will
begin from the second week of November. Tiger is an endangered animal listed in the Convention on
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
121
International Trade in Endangered Species (CITES). The last tiger count conducted by Nepal in 2013 puts the
number of adult tigers around 200 in the Himalayan country.
Useful Info
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
Sikh man becomes first minority politician to lead major party in Canada
A 38-year-old Sikh lawyer was on Sunday elected the leader of Canada‘s New Democratic Party, becoming the
first non-white politician to head a major political party in the country. Jagmeet Singh, the Ontario provincial
lawmaker, was elected on the first ballot to lead the party into the 2019 election against Prime Minister Justin
Trudeau‘s Liberals.
Useful Info
Country – Canada
Capital – Ottawa
Currency - Canadian dollar
Russia Launches „World‟s Biggest & Most Powerful‟ Nuclear Icebreaker
Russia has launched the world's largest nuclear-powered icebreaker ship in a bid to expand its strategic
presence in the resource-rich, terrain of the Arctic. The massive vessel, named Sibir (Siberia), was developed
as part of a huge push by the Rosatom State Atomic Energy Corporation to open up crucial shipping lanes in
the icy Northern Sea Route.
Useful Info
Country – Russia
Capital – Moscow
Currency – Russian Ruble
President of Russia - Vladimir Putin
8th SAARC Speaker, Parliamentarians Conference Started in Sri Lanka
The 8th conference of the Association of SAARC Speakers and Parliamentarians (ASSP) will take place
from October 4 to 6 at the Hotel Hilton in Colombo, Sri Lanka. The Association of SAARC Speakers and
Parliamentarians was set up in 1992 with the vision to promote friendship and understanding amongst the
peoples of South Asia. The first conference of the ASSP was held in India in 1995 and the last one in Maldives
in 2013. The conference was inaugurated by President Maithripala Sirisena Prime Minister Ranil
Wickremesinghe. This year‘s Conference will emphasis on Sustainable Development Goals, as the main theme
is „Association of the SAARC Speakers and Parliamentarians‟: a platform for the Parliamentarians of South
Asia to work together to reach the 2030 agenda for Sustainable Development.
Useful Info
Country – Sri Lanka
Capital – Colombo, Sri Jayawardenepura Kotte
Currency – Sri Lankan Rupee
President of Sri Lanka – Maithripala Sirisena
Prime Minister of Sri Lanka - Ranil Wickremesinghe
Headquarters of SAARC - Kathmandu, Nepal
India to be Guest Country at the World Government Summit
The World Government Summit announced that India is a guest country in its upcoming gathering. The
Annual Gathering is scheduled from February 11 to 13, 2018. Honorary guests from India will join the notable
list of speakers synonymous with the World Government Summit to showcase the country‘s emerging
economic growth, highlight valuable knowledge, skills, and capabilities and elaborate on the country‘s unique
culture.
Rio Olympic Committee Chairman Arrested on Corruption Charges
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
122
Brazilian police arrested the chairman of the country‟s Olympic Committee Carlos Arthur Nuzman as part
of a probe into alleged vote-buying to secure Rio‘s hosting of the 2016 Games. Twenty federal police agents
swept into Rio de Janeiro‘s upscale Leblon neighbourhood to arrest 75-year-old Carlos Nuzman.
Useful Info
Country – Brazil
Capital – Brasília
Currency – Brazilian real
Donald Trump is Most Followed World Leader on Twitter, PM Modi Third
Donald Trump is now the world‟s most followed leader on Twitter, while Narendra Modi is the third,
according to the latest report by Twiplomacy, a Burson Marsteller research project that tracks the use of
Twitter by governments and international organisations. Trump overtook Pope Francis by a few thousand
followers to occupy the first place in Twiplomacy‘s October report. India‘s prime minister Narendra Modi has
kept his third place consistently since 2016. Modi‘s own account, @narendramodi, has more than 34 million
followers, while the official @PMOIndia account is at the fourth position with a following of more than 21
million.
Useful Info
Top Three in the List
1st – Donald Trump (US President)
2nd
– Pope Francis (Vatican)
3rd
– Narendra Modi (Indian Prime Minister)
Hurricane Nate moves Toward second Landfall on Gulf Coast in USA
In the United States, hurricane Nate has made landfall near the mouth of the Mississippi River in
Louisiana. According to the US National Hurricane Center, the storm with maximum sustained winds of
137 kilometres per hour is moving north and a second landfall is expected on the Mississippi coast later. A
state of emergency has been declared in four southern US states with Hurricane Nate gathering strength.
Louisiana, Mississippi, Alabama and parts of Florida have issued hurricane warnings and evacuation
orders. The measures apply to parts of the city of New Orleans, which was devastated by Hurricane Katrina
12 years ago.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
India Slips to 8th Rank in Valuable Nation Brand List
India is ranked the eighth most valuable nation brand while the United States retained its top position and
China took the second spot in the league of nations according to Brand Finance‟s Nation Brands 2017. India
went down one spot over the previous year because the economy grew at its slowest pace. India switched
places with Canada and its brand value dropped by one percentage point while that of Canada‘s rose 14
percent. China, the fastest growing nation brand in 2017, saw valuation grow 44 percent.
Useful Info
The Top 10 Valuable Nation brands are:
1. United States (Washington D.C, US Dollar)
2. China (Beijing, Renminbi (Yuan))
3. Germany (Berlin, Euro)
4. Japan (Tokyo, Yen)
5. United Kingdom (London, Pound Sterling)
6. France (Paris, Euro)
7. Canada (Ottawa, Canadian Dollar)
8. India (New Delhi, Indian Rupee)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
123
9. Italy (Rome, Euro)
10. South Korea (Seoul, South Korean Won)
India is Second Largest Market for Pharma: LinkedIn Report
With 13.7 percent contribution to the global pharmaceuticals and biotechnology workforce, India has
emerged as the second largest market for the industry, a report by professional networking giant
LinkedIn has revealed. The report, detailed in the newly released e-book "The Indian Pharma and Biotech
Industry", showed that while New Delhi, Kolkata, and Chandigarh are thriving grounds for talent in this
sector in India, talent migration is highest to the US. Talent migrating to other countries mainly comprises of
researchers, scientists, quality assurance professionals, statistics programmers and data analysts.
Useful Info
CEO of LinkedIn - Jeff Weiner
Safe Cities Index 2017: Tokyo Safest, Delhi 43rd
Japanese capital city Tokyo has topped The Economist Intelligence Unit's Safe Cities Index 2017, which
ranked 60 cities on parameters including personal and health security. Singapore and Japanese city Osaka
have ranked second and third, while Indian cities Delhi and Mumbai have ranked 43rd and 45th
respectively.
Useful Info
Country – Japan
Capital –Tokyo
Currency – Japanese Yen
Pakistani city Karachi has been ranked the least safe city in the list.
Global Hunger Index: India Ranks 100 among 119 Countries
India, which has more than a fifth (21 percent) of its children wasted (weigh too little for their height), slipped
three places to 100th in the 2017 Global Hunger Index (GHI). The ranking of India in the list was 97th in
2016. The 2017 GHI released by the International Food Policy Research Institute (IFPRI) termed India's
hunger levels ‗serious‘ problem at hand. The data from the report showed that India ranked lower than all its
neighboring countries - Nepal (72), Myanmar (77), Bangladesh (88), Sri Lanka (84) and China (29) - except
Pakistan, which has been placed at 106th in the global hunger list.
Useful Info
The hunger report index of 119 countries also showed that in three years‘ time India has seen a fall of 45 ranks
from 55th in 2014.
US and Israel announced their withdrawal from the UN‟s cultural agency UNESCO
The US and Israel announced their withdrawal from the UN‟s cultural agency UNESCO after Washington
accused it of anti-Israeli bias. The withdrawal of the United States, which is meant to provide a fifth of
Unesco‘s funding, is a major blow for the Paris-based organization. UNESCO is best known for designating
World Heritage Sites such as the ancient city of Palmyra in Syria and the Grand Canyon National Park.
Useful Info
United States of America – Washington D.C, US Dollar
Israel – Jerusalem, Israeli new shekel
Present Director-General of UNESCO - Irina Bokova
HPCL, First Indian OMC to Launch Lubricants in Myanmar
Hindustan Petroleum Corporation Limited (HPCL) has become the first Oil Marketing Company (OMC)
from India to mark its presence in the lubricant market in Myanmar and to lend more visibility and awareness
to the brand. Having achieved the number one position in the domestic market, HP Lubricants sought to prove
itself in foreign shore by venturing into Myanmar.
Useful Info
Country – Myanmar (Burma)
Capital – Naypyidaw
Currency – Burmese kyat
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
124
Chairman & Managing Director of HPCL - M K Surana
IMPORTANT NATIONAL & INTERNATIONAL APPOINTMENTS
National Appointments
Designation Person
New Independent Directors of India Post
Payments Bank (IPPB)
K G Karmakar and Gauri Shankar
Non-executive chairman of Lakshmi Vilas Bank B.K.Manjunath
About LVB:
HQ – Chennai,
MD & CEO - Parthasarathi Mukherjee
New CEO of Jet Airways VinayDube
New head of Citi India‟s consumer banking
business
Shinjini Kumar
About Citi India:
Parent organizations: Citigroup, Citibank; CEO:
PramitJhaveri,
HQ- Mumbai
Person who appointed by the government to
expedite the cases pending for last 10 years in
lower courts across India
NyayaMitras
New head of commercial vehicle business unit of
TATA motors
GirishWagh (TATA motors CEO –
GuenterButschek)
New Head of Atal Innovation Mission, under the
government‟s premier think tank NITI Aayog
RamanathanRamanan (Senior executive of Tata
Consultancy Services)
About NITI Aayog:
NITI AayogChaiperson – PM Modi
Vice – Chairperson – Dr. Rajiv Kumar
CEO - Amitabh Kant
MD & CEO of TCS - Rajesh Gopinathan
New Special Secretary in Ayush Ministry ‗Vaidya‟ Rajesh Kotecha (Ayurveda physician)
Useful Info:
Minister of AYUSH - ShripadYassoNaik
Constituency – North Goa
AYUSH - Ayurveda, Yoga and Naturopathy, Unani,
Siddha and Homoeopathy
New Home Secretary Rajiv Gauba (after the completion of the tenure of
Rajiv Mehrishi on August 30)
Other important Appointments are as follows-
1). Yudhvir Singh Malik- Secretary, Road Transport,
and Highways.
2). Subhash C. Garg- Secretary of Economic Affairs.
3). ArunaSundarajan- Telecommunications Secretary.
4). Avinash K. Srivastava- Consumer Affairs
Secretary
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
125
5). Rajiv Kapoor- Secretary, Chemicals and
Petrochemicals.
6). SanjeevaneeKutty- Secretary, Ex-Servicemen
Welfare in the Defence Ministry.
7). Ajay Kumar Bhalla- Power Secretary.
New MD and CEO of IDFC Bank Sunil Kakar (He replaces VikramLimaye, who joined
as the MD and CEO of NSE)
New President of the India International Centre
(IIC) - one of the premier cultural institutions in
the country
N NVohra (He is the present Governor of J & K and
he replaces, eminent jurist Soli Sorabjee)
About IIC:
HQ – New Delhi
New President – N NVohra
Preceded by - Soli Sorabjee
Chairman of the committee to prepare the final
draft of the National Education Policy
K. Kasturirangan (Ex-ISRO Chief and Padma
Vibhushan awardee)
New Ambassador for government‟s flagship Skill
India campaign, with the National Skill
Development Corporation
Actress Priyanka Chopra
Useful Info:
MD and CEO of National Skill Development
Corporation - Manish Kumar
New economic relations secretary in Ministry of
External Affairs (MEA)
Senior diplomat Vijay KeshavGokhale
Useful Info:
External Affairs Minister - SushmaSwaraj
Constituency – Vidisha (Madhya Pradesh)
New Chief Secretary of Uttar Pradesh Rajiv Kumar (He has replaced Rahul Prasad
Bhatnagar)
About UP:
Present CM- Yogi Adityanath
Present Governor- Ram Naik
Chairperson on the Board of Governors of the
National Institute of Fashion Technology (NIFT)
Rajesh V. Shah (He has replaced ShriChetanChauha.)
About NIFT:
Headquarters: New Delhi
Affiliations: Ministry of Textiles, Government of India
President of the International Economic
Association (IEA).
KaushikBasu (Former chief economic advisor)
About IEA:
President: KaushikBasu (India)
Headquarters: Barcelona, Spain
New India„s Ambassador to Belgium and the
European Union
GaitriIssar Kumar
About Belgium:
Capital: City of Brussels
Currency: Euro
PM: Charles Michel
India„s new Ambassador to Italy ReenatSandhu
About Italy:
Capital: Rome
Currency: Euro
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
126
PM: Paolo Gentiloni
India„s Ambassador to Denmark AjitVinayakGupte
About Denmark:
Capital: Copenhagen
Currency: Danish krone
PM: Lars Løkke Rasmussen
New Executive Director of RBI S. Ganesh Kumar (He replaces ChandanSinha, after
his voluntary retirement)
About RBI:
Governor- Urjit Patel
Deputy Governor- S SMundra, N S Vishwanathan,
Viral V Acharya, B P Kanungo
New Chairman of Indian Oil Corporation Sanjiv Singh (He replaces B Ashok)
HQ of Indian Oil Corporation- New Delhi
New CEO of PrasarBharati ShashiShekarVempati (He replaces Rajeev Singh)
HQ of PrasarBharati - New Delhi
New Chief Executive Officer (CEO)of Jet
Airways
VinayDube
Designation Person
New President of India Ram NathKovind (He is the 14th
President of India,
succeeds Pranab Mukherjee)
CEO and MD of Larsen & Toubro S.N. Subrahmanyan (Subrahmanyan is currently the
deputy managing director and president of L&T, now
he replaces AM Naik)
HQ of L&T – Mumbai
New Chairman of Tata Global Beverages Ltd.
(TGBL)
N. Chandrasekaran
About TATA Sons - Tata Sons Limited is the holding
company of the Tata Group and holds the bulk of
shareholding in these companies.
HQ – Mumbai
Chairperson - N. Chandrasekaran
New Chief Election Commissioner (CEC) Achal Kumar Joti (He is the Ex-Gujarat Chief
Secretary and will take charge after NasimZaidi retires
on July 6)
New DGP of Himachal Pradesh SomeshGoyal (He replaces Sanjay Kumar who has
been appointed as director general of the National
Disaster Response Force (NDRF)
About Himachal Pradesh:
Capital –Shimla
CM - Virbhadra Singh
Governor –AcharyaDevVrat
New Ambassador of India to Indonesia Pradeep Kumar Rawat (presently he serves as Joint
Secretary in the Ministry of External Affairs (MEA)
and he succeeds NengchaLhouvumMukhopadhaya)
About –Indonesia
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
127
Capital – Jakarta
Currency - Indonesian rupiah
New CEO of Vistara (The board of TATA SIA
Airlines Ltd, which owns and operates the full-
service airline)
Leslie Thng (former Silk Air head)
About Vistara:
Incumbent CEO of vistara - PheeTeikYeoh
New CEO of vistara - Leslie Thng
Vistara, a joint venture between Tata Sons and
Singapore Airlines
New Attorney General of India K KVenugopal
New Director General of Goods and Services
Tax Intelligence (DG GSTI)
John Joseph
New Secretary of the Department of Economic
Affairs (DEA) in the Finance Ministry
Subhash Chandra Garg (He succeeds Shaktikanta
Das)
New director-general of the Directorate of
Revenue Intelligence (DG-DRI)
Debi Prasad Dash (He succeeds JayantMisra)
New Director General of Indo-Tibetan Border
Police (ITBP)
R K Pachnanda
About Tibet:
Tibet is a region in China
Capital – Lhasa
Currency –Renminbi
New DG-ITBP – Shri R K Pachnanda
Preceded by - Shri Krishna Chaudhary
ITBP Headquarter – New Delhi
New Joint Secretary in the Prime Minister‟s
Office
GopalBaglay (Senior diplomat and External Affairs
Ministry spokesperson, he has been appointed in place
of Vinay Mohan Kwatra, who has been already named
as India‘s Ambassador to France)
new chief of the National Disaster Response
Force (NDRF)
Sanjay Kumar (He succeed R K Pachnanda, who was
has taken charge as DG the Indo-Tibetan Border
Police (ITBP).
New Secretary to Indian President, Ram
NathKovind
Sanjay Kothari (Chairman of Public Enterprises
Selection Board)
Useful Information:
1st President of India – Dr. Rajendra Prasad
1st Vice President of India – SarvepalliRadhakrishnan
1st Women President of India - PratibhaPatil
14th President of India – Ram NathKovind
New spokesperson of the ministry of external
affairs
Raveesh Kumar (currently he is posted in Frankfurt,
Germany as Consul General of India, and will replace
GopalBaglay, who was appointed the joint secretary in
the Prime Minister‘s Office)
New president of the National Rifle Association
of India (NRAI)
Raninder Singh
New MD & CEO of Oriental Bank of Commerce Mukesh Kumar Jain (He replaces AnimeshChauhan)
MD & CEO of Axis Bank Shikha Sharma was reappointed as the MD & CEO
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
128
of Axis Bank as her current term was to end in June
2018.
About AXIS Bank:
HQ – Mumbai
Tagline – BadhtiKaNaamZindagi
MD and CEO - Shikha Sharma
New CEO of Janalakshmi Financial Services Ajay Kanwal (He is a veteran banker having 27 years
of experience in both consumer and commercial
banking sector)
About Janalakshmi Financial Services:
HQ – Bengaluru
Current CEO - V. S. Radhakrishnan
India‟s New Alternate Governor on the Board of
Governors of the Asian Development Bank
(ADB)
Subhash Chandra Garg (Economic Affairs
Secretary)
About ADB - Asian Development Bank
Headquarters - Manila, Philippines
President of ADB - TakehikoNakao
Administrative Manager of the Indian Cricket
Team
Sunil Subramaniam (former Tamil Nadu Ranji team
captain)
About BCCI - Board Of Control For Cricket In India
Headquarters of BCCI – Mumbai
Person who took additional charge of Ministry of
Information and Broadcasting (I&B)
Textiles minister SmritiIrani
part-time member on IRDAI board Ravi Mittal (additional secretary in the Finance
Ministry in place of Anil Khachi. Mittal has replaced
N S Rao at IRDAI)
About IRDAI –Insurance Regulatory & Development
Authority of India
HQ – Hyderabad, Telangana
Chairman - TS Vijayan
Rio Olympics silver medallist, who appointed as
the Group-I officer by the state‟s chief minister
P V Sindhu was appointed as the Group-I officer by
the Andhra Pradesh CM – Chandrababu Naidu
The new Chairman of Indian Institute of
Management (IIM) Amritsar
Sanjay Gupta
New Chairman of IIT-Kharagpur SanjivGoenka (Presently the Chairman of RP
SanjivGoenka Group)
New Chairperson of Broadcasting Content
Complaints Council (BCCC)
VikramajitSen (Former Supreme Court Judge
Justice)
Chief Minister of Nagaland TR Zeliang
New Urban Development Minister Narendra Singh Tomar (Presently he serves as
Union Minister for Rural Development)
new Deputy Chief Minister of Bihar Sushil Kumar Modi
New head of the Indian consulate in
New York.
SandeepChakravorty (India‗s Ambassador to Peru)
Designation Person
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
129
13th Vice President of India Venkaiah Naidu (He succeed Hamid Ansari)
1st Vice President of India – Sarvepalli Radhakrishnan
1st President of India – Rajendra Prasad
13th Vice President of India – Venkaiah Naidu
14th President of India – Ram Nath Kovind
New Chief of the Indian Army‟s Eastern
Command
Lt General Abhay Krishna (He succeeds Lt Gen
Praveen Bakshi who has retired from service.)
Chief of Army Staff – Bipin Rawat
chairman of the board of directors of the BSE Dhirendra Swaruphas (Former Chairman of the
Pension Funds Regulatory and Development Authority
(PFRDA), he replaces incumbent SudhakarRao)
head of committee to study issues related to data
protection, appointed by MeitY
B.N Srikrishna (The Ministry of Electronics and
Information Technology (MeitY) has appointed an
expert panel committee that would study various
issues relating to data protection in the country and
will suggest a draft data protection Bill.)
Minister of Electronics and Information Technology –
Ravi Shankar Prasad
Constituency –Bihar, Rajya Sabha
Head of committee on 'fair market conduct'
formed by SEBI
T K Viswanathan (committee on 'fair market
conduct' which will suggest measures for improving
surveillance of the markets and strengthen rules for
trades.)
Secretary General of Federation of Indian
Chambers of Commerce and Industry (FICCI)
Sanjaya Baru (He succeeds A Didar Singh)
FICCI - Federation of Indian Chambers of Commerce
and Industry
HQ – New Delhi
President – Pankaj Patel
Chairman and Manging Director (CMD) in
Small Industries Development Bank of India
(SIDBI)
Mohammad Mustafa
SIDBI – Small Industries Development Bank of India
Headquarters – Lucknow
New CMD – Mohammad Mustafa
Preceded by - Kshatrapatishivaji
Next Ambassador of India to The Republic of
Kazakhstan
Prabhat Kumar (presently Ambassador of India to
Colombia)
Country – Kazakhstan
Capital – Astana
Currency – Kazakhstani tenge
next Vice-Chairman of NITI Aayog (think-tank
that replaced the Planning Commission)
Rajiv Kumar (He will succeed Arvind Panagariya)
Chairman of NITI Aayog – PM Modi
New Vice Chairman of NITI Aayog – Rajiv Kumar
Preceded by – Arvind Panagariya
CEO of NITI Aayog – Amitabh Kant
brand ambassador of the Swachh Bharat
Mission in UP
Bollywood actor Akshay Kumar
State – Uttar Pradesh
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
130
Capital – Lucknow
CM – Yogi Adityanath
Governor – Ram Naik
New Chief Executive Officer (CEO)
of Payback India
Gautam Kaushik
brand ambassador by a health and wellness
startup Cure.fit
Hritik Roshan
The 45th Chief Justice of India Justice Dipak Misra (He will be replacing
incumbent Justice J S Khehar)
Present & 44th CJI - Justice J S Khehar
1st CJI – H J Kania
Next & 45th CJI - Justice Dipak Misra
Chairman of the Central Board of Film
Certification (CBFC)
lyricist Prasoon Joshi (He replaced former Chairman
Pahlaj Nihalani)
WHO Goodwill Ambassador Athlete Milkha Singh
WHO – World Health Organization
Headquarters – Geneva, Switzerland
Director-General of WHO - Dr. Tedros Adhanom
Ghebreyesus
Nick Name of Milkha Singh – The Flying Sikh
next Ambassador of India to the Republic of San
Marino
Reenat Sandhu (presently Ambassador of lndia to
ltaly)
Country – San Marino
Capital – San Marino city
Currency – Euro
New CEO of National Payments Corporation of
India (NPCI)
Dilip Asbe (He succeeds A. P. Hota)
NPCI - National Payments Corporation of India
Chairman – Shri Balachandran M
Headquarters – Mumbai
Chief Executive Officer (CEO) of Jet Airways
India Ltd
Vinay Dube
Jet Airways HQ – Mumbai
Its Parent company is Tailwinds Private Limited
New CEO – Vinay Dube
Newly appointed a Member of the reconstituted
Censor Board
Actress Vidya Balan
Ambassador of India to the Grand Duchy
Luxembourg
Gaitri Issar Kumar (presently Ambassador of India
to Belgium)
Country – Luxembourg
Capital – Luxembourg city
Currency – Euro
Managing Director of Export-Import Bank of
India (Exim Bank)
David Rasquinha
EXIM Bank - Export-Import Bank of India
HQ – Mumbai
CMD of Hindustan Copper Limited Santosh Sharma
MD & CEO of Industrial Finance Corporation Sankara Rao
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
131
of India (IFCI)
new President and MD of General Motors Sanjiv Gupta (He replaces Kaher Kazem)
General Motors HQ – Detroit, Michigan, United States
New President & MD of GM India – Sanjiv Gupta
Preceded by – Kaher Kazem
New President and CEO of GM Korea – Kaher Kazam
Executive Director of Insolvency and
Bankruptcy Board of India (IBBI)
Mamta Suri
IBBI – Insolvency and Bankruptcy Board of India
Chairman of IBBI – Dr. M. S. Sahoo
New Chairman of Railway Board Ashwani Lohani (Replacing Ashok Mittal)
interim Chairman and MD of Air India Rajiv Bansal (Presently the Additional Secretary &
Financial Advisor at Ministry of Petroleum and
Natural Gas, he replaces Ashwani Lohani who took
over as the Railway Board Chairman)
Director General of the Railway Protection
Force
CISF ADG Dharmendra Kumar (Replaces S K
Bhagat)
B.N.Laihri was the first DG of Railway Protection
Force
Union Minister for Railways – Piyush Goyal
Secretary to the Government of India in the
Ministry of Home Affairs
Rajiv Gauba
Union Home Minister – Rajnath Singh
Constituency – Lucknow
Designation Person
New Comptroller and Auditor General of India
(CAG)
Rajiv Mehrishi
Useful Info:
New CAG – Rajiv Mehrishi
Preceded by – Shashi Kant Sharma
New Home Secretary – Rajiv Gauba
Preceded by – Rajiv Mehrishi
New Election Commissioner of India
Sunil Arora
Useful Info:
Chief Election Commissioner of India – Achal
Kumar Joti
first brand ambassador of tyre maker Bridgestone
India
PV Sindhu
Registered Office of Bridgestone India Private
Limited is in Pune, Maharashtra
Useful Info:
State – Maharashtra
Capital – Mumbai
CM – DevendraFadnavis
Governor – VidyasagarRao
new Chairperson of Central Board of Secondary
Education, (CBSE)
IAS officer Anita Karwal
Preceded by – Rajesh Kumar Chaturvedi Director
General of the National Skill Development Agency.
MD & CEO of Vijaya Bank Sankara Narayanan (He has taken over the reigns
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
132
of the bank from Kishore Sansi, who reached
superannuation on August 31. He joined Bank of
India as a direct recruit officer in 1983 and has
headed various branches.)
Useful Info:
Vijaya Bank HQ – Bengaluru
MD & CEO - R A Sankara Narayanan
Tagline Line – A Friend you can bank on.
Chairman of Press Trust of India
ViveckGoenka(Chairman and Managing Director of
the Express Group) he succeeds Riyad Mathew.
N. Ravi, former Editor-in-Chief of The Hindu has
been elected as the Vice Chairman of PTI. Mr. Ravi
succeeds Mr.Goenka as Vice Chairman.
New Coach of Indian Men's Hockey Team SjoerdMarijne(He has replaced RoelantOltmans.)
interim chairman of the Goods and Services Tax
Network (GSTN)
A.B. Pandey(CEO of UIDAI) Pandey was given
additional charge days after GSTN‘s first chairman
Navin Kumar completed his term on 29 August.
new president of the automobile industry body
Society of Indian Automobile Manufacturers
(SIAM)
AbhayFirodia(Force Motors Chief)
Useful Info:
SIAM - Society of Indian Automobile Manufacturers
SIAM is headquartered in New Delhi
New President of SIAM - AbhayFirodia
New CMD of United India Insurance Co. Ltd
(UIIC)
M. NagarajaSarma(Sarma is at present the general
manager, Oriental Insurance Co. Ltd.)
Useful Info
Head Office of United India Insurance Co. Ltd. is in
Chennai
Chairman and Managing Director of Indian
Railway Catering and Tourism Corporation
(IRCTC) Ltd
MahendraPratap Mall
Useful Info:
Corporate Office of IRCTC is situated at New Delhi
chief of the National Investigation Agency (NIA)
Y.C Modi(Senior IPS officer) He will take over from
Sharad Kumar after he completes his tenure on
October 30.
Director General of the SashastraSeemaBal (SSB)
Rajni Kant Misra(Mr.Misra is at present the
Additional Director General in the Border Security
Force (BSF).)
India‟s New High Commissioner to Pakistan
Ajay Bisaria
Useful Info:
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
New Chairman of NHPC
Balraj Joshi
Useful Info:
NHPC Headquarters – Faridabad, India
Chairman and Managing Director (CMD) of Shashi Shankar (He will replace Dinesh K Sarraf)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
133
ONGC
New CEO of Tata Capital
Rajiv Sabharwal(He will be joining Tata Capital in
January 2018 and would be taking over from the
company's current Managing Director & CEO
Praveen P Kadle.)
Useful Info:
N Chandrasekaran is the Chairman of Tata Sons
Resignation
Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post.
Designation Person
New chairman of State Bank of India Rajnish Kumar (previously the managing director
and CEO of SBI Capital Markets, the merchant
banking arm of the bank)
New MD & CEO PNB MetLife India Insurance
Company Ltd
Ashish Srivastava
Ambassador of India to the Principality of
Monaco
Shri Vinay Mohan Kwatra
New president of US India Business Council
(USIBC)
Nisha Desai Biswal
New CEO of Freecharge Sangram Singh (Previously served as the head of
cards and payments business at Axis Bank)
New chairman of Film and Television Institute of
India (FTII)
Actor Anupam Kher
Laureus' first Brand Ambassador Indian Cricketer Yuvraj Singh
The Business Head of 'MobiKwik Payment
Gateway
Rukaiya Rangwala
India's new Ambassador to China Gautam Bambawale
New Railway Board Members MK Gupta, DK Gayen
List of New Governor of Indian States:
State New Governor Preceded
Tamilnadu BanwarilalPurohit VidyasagarRao
Assam Prof JagdishMukhi BanwarilalPurohit
Bihar Satya Pal Malik KeshariNathTripathi
Meghalaya Ganga Prasad BanwarilalPurohit
Andaman and Nicobar Devendra Kumar Joshi JagdishMukhi
CABINET MINISTERS AND THEIR CONSTITUENCY
CABINET MINISTERS:
CABINET MINISTERS PORTFOLIO CONSTITUENCY
Shri Raj Nath Singh Home Affairs Lucknow, Uttar Pradesh
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
134
Smt. Sushma Swaraj External Affairs Vidisha , Madhya Pradesh
Shri Arun Jaitley Finance,
Corporate Affairs
Gujarat Rajaya Sabha
Shri Nitin Jairam Gadkari Road Transport and Highways,
Shipping
Nagpur, Maharashtra
Smt. Nirmala Sitharaman Defence Karnataka, Rajya Sabha
Shri Piyush Goyal Railways Maharashtra, Rajya Sabha
Shri D. V. Sadananda Gowda Statistics & Programme
Implementation
Bangalore North, Karnataka
Sushri Uma Bharati Drinking water and Sanitation Jhansi, Uttar Pradesh
Shri Ramvilas Paswan Consumer Affairs, Food and
Public Distribution
Hajipuri, Bihar
Giriraj Singh Micro, Small and Medium
Enterprises
Nawada, Bihar
Smt. Maneka Sanjay Gandhi Women and Child Development Pilibhit , Uttar Pradesh
Shri Ananthkumar Chemicals and Fertilizers,
Parliamentary Affairs
Bangalore South, Karnataka
Shri Ravi Shankar Prasad Law & Justice,
Electronics & Information
Technology
Bihar – Rajya Sabha
Shri Jagat Prakash Nadda Health and Family Welfare Himachal Pradesh, Rajya Sabha
Shri Ashok Gajapathi Raju
Pusapati
Civil Aviation Vizianagaram , Andhra Pradesh
Shri Anant Geete Heavy Industries and Public
Enterprises
Raigad , Maharashtra
Smt. Harsimrat Kaur Badal Food Processing Industries Bathinda , Punjab
Shri Narendra Singh Tomar Rural Development & Urban
Development,
Panchayati Raj,
Drinking Water and Sanitation
Gwalior, Madhya Pradesh
Shri Chaudhary Birender Singh Steel Haryana, Rajya Sabha
Shri Jual Oram Tribal Affairs Sundargarh, Odisha
Shri Radha Mohan Singh Agriculture & Farmers Welfare Purvi Champaran , Bihar
Shri Thawar Chand Gehlot Social Justice and
Empowerment
Madhya Pradesh, Rajya Sabha
Smt. Smriti Zubin Irani Information & Broadcasting and
Textiles
Gujarat, Rajya Sabha
Dr. Harsh Vardhan Science and Technology,
Earth Sciences
Chandni Chowk, Delhi
Shri Prakash Javadekar Human Resource Development Madhya Pradesh, Rajya Sabha
Suresh Prabhu Commerce and Industry Andhra Pradesh, Rajya Sabha
Mukhtar Abbas Naqvi Minority Affairs Uttar Pradesh, Rajya Sabha
Shri Dharmendra Pradhan Skill Development and
Petroleum
Bihar, Rajya Sabha
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
135
MINISTERS OF STATE (INDEPENDENT CHARGE)
Shri Rao Inderjit Singh Planning (Independent Charge)
Housing & Urban Poverty Alleviation
Hardeep Singh Puri Urban Development
Santosh Kumar Gangwar Labour and Employment (Independent Charge)
Shri Rajiv Pratap Rudy Skill Development & Entrepreneurship (Independent
Charge)
Shri Vijay Goel Youth Affairs and Sports (Independent Charge)
Water Resources, River Development & Ganga
Rejuvenation
Shri Shripad Yesso Naik AAYUSH (Independent Charge)
Raj Kumar Singh Power (Independent Charge)
Dr. Jitendra Singh Development of North Eastern Region (Independent Charge)
Prime Minister‘s Office
Personnel, Public Grievances & Pensions
Department of Atomic Energy
Department of Space
Commerce and Industry (Independent Charge)
Dr. Mahesh Sharma Culture (Independent Charge)
Alphons Kannanthanam Tourism, Ministry of Electronics & IT
Shri Manoj Sinha Communications (Independent Charge)
Railways
Dr. Harsh Vardhan Environment, Forest and Climate Change (Additional
Charge)
MINISTERS OF STATE:
General(Retd.) V.K. Singh External Affairs
Shiv Pratap Shukla Finance
Ashwini Kumar Choubey Health & Family Welfare
Shri S.S. Ahluwalia Parliamentary Affairs
Gajendra Singh Shekhawat Agriculture & Farmers Welfare
Shri Ramdas Athawale Social Justice & Empowerment
Shri Ram Kripal Yadav Rural Development
Shri Haribhai Parthbhai Chaudhary Micro, Small & Medium Enterprises
Shri Hansraj Gangaram Ahir Home Affairs
Shri Ramesh Chandappa Jigajinagi Drinking Water & Sanitation
Shri Rajen Gohain Railways
Shri Parshottam Rupala Agriculture & Farmers Welfare
Panchayati Raj
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
136
Shri M.J. Akbar External Affairs
Satya Pal Singh Human Resources Development, Water Resources, River
Development&Ganga Rejuvenation
Shri Radhakrishnan P. Road Transport & Highways
Shipping
Shri Kiren Rijiju Home Affairs
Shri Krishan Pal Social Justice & Empowerment
Shri Jasvantsinh Sumanbhai Bhabhor Tribal Affairs
Shri Vishnu Deo Sai Steel
Shri Sudarshan Bhagat Agriculture and Farmers Welfare
Shri Y.S. Chowdary Science and Technology
Earth Science
Shri Jayant Sinha Civil Aviation
Col. Rajyavardhan Singh Rathore Information & Broadcasting
Shri Babul Supriyo Heavy Industries
Public Enterprises
Sadhvi Niranjan Jyoti Food Processing Industries
Shri Vijay Sampla Social Justice & Empowerment
Shri Arjun Ram Meghwal FinanceCorporate Affairs
Dr. Mahendra Nath Pandey Human Resource Development
Shri Ajay Tamta Textiles
Virendra Kumar Women & Child Development, Minority affairs
Shri Mansukh L. Mandaviya Road Transport & Highways, Shipping,
Chemicals & Fertilizers
Smt. Anupriya Patel Health & Family Welfare
Shri C.R. Chaudhary Consumer Affairs, Food & Public Distribution
Shri P.P. Chaudhary Law & Justice
Electronics & Information Technology
Dr. Subhash Ramrao Bhamre Defence
Anantkumar Hegde Skill Development and Entrepreneurship
International Appointments
Designation Person
New president of Serbia AleksandarVucic
About Serbia:
Capital – Belgrade,
Currency - Serbian Dinar
New Prime Minister of Nepal SherBahadurDeuba
About Nepal:
Capital – Kathmandu
Currency - Nepali rupee
Appointed public policy as fellow to a
Washington-based think-tank
NirupamaRao (Former Indian envoy to the US)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
137
New Prime minister of Romania MihaiTudose
Useful Info:
Country – Romania
Capital – Bucharest
Currency - Romanian leu
Member of International Tribunal for
the Law of the Sea (ITLOS)
NeeruChadha (first Indian Woman to be elected)
Goodwill Ambassador of United Nations
Children's Fund (UNICEF)
MuzoonAlmellehan (a 19-year-old education activist, and
Syrian refugee)
Designation Person
First Female Prime Minister of Serbia Ana Brnabic (She is an openly gay woman, and succeeded
IvicaDacic)
About Serbia:
Capital – Belgrade
Currency - Serbian Dinar
WHO Goodwill Ambassador for Autism
in South Asia
SaimaWazedHossain (a globally renowned champion for the
cause of autism spectrum disorder)
About WHO – World Health Organisation
HQ - Geneva, Switzerland
Director–General - Dr. TedrosAdhanomGhebreyesus
New President of Mongolia KhaltmaaBattulga (Mongolian Business man and Martial Arts
expert)
About– Mongolia
Capital – Ulaanbaatar
Currency – Mongolian togrog
New President – KhaltmaaBattulga
Preceded by - TsakhiagiinElbegdorj
New Chief Justice of Nepal Justice Gopal Prasad Parajuli
About Nepal:
Capital –Kathmandu
Currency –Nepalese Rupee
President – Bidhya Devi Bhandari
PM - SherBahadurDeuba
New Chief Justice of Nepal - Gopal Prasad Parajuli
Preceded by – SushilaKarki
UK‟s first female President of the
Supreme Court
Brenda Marjorie Hale (She succeeds Lord Neuberger)
About United Kingdom:
Capital – London
Currency – Pound Sterling
PM – Theresa May
Newly included in the board of directors
of Alphabet (the search giant, Google‟s
parent company)
SundarPichai (Google CEO)
About Google:
HQ – Mountain View, California, United States
Alphabet – Alphabet Inc. is an American multinational
conglomerate created in a corporate restructuring on October 2,
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
138
2015. It is the parent company of Google.
HQ of Alphabet – Mountain View, California, United States
Alphabet CEO - Larry Page
Interim Prime Minister of Pakistan ShahidKhaqanAbbasi (Presently He serves as the Minister for
Petroleum and Natural Resources)
About Pakistan:
Capital – Islamabad
Currency – Pakistani Rupee
Ex-Prime Minister – Nawaz Sharif
New Interim Prime Minister - ShahidKhaqanAbbasi
The first woman chief executive of Hong
Kong
Carrie Lam
Person who has been nominated by US
President Donald Trump as next
secretary of the Army
Mark Esper
UNICEF‟s Global Good will
Ambassador
Lilly Singh (Indian- origin Canadian YouTube star)
About UNICEF - United Nations International Children's
Emergency Fund
HQ – New York
CEO - Anthony Lake
Person who has been nominated by US
President Donald Trump as the
ambassador to Peru
Krishna R
Designation Person
Prime Minister of Papua New Guinea Peter O‟Neill
Country – Papua New Guinea
Capital – Port Moresby
Currency - Papua New Guinean kina
President of Iran Hassan Rouhani
Country – Iran
Capital – Tehran
Currency – Rial
Three Indian-Americans Appointed to
key government posts by Donald Trump
Neil Chatterjee was confirmed as a member of the Federal
Energy Regulatory Commission (FERC), Krishna R. Urs was
confirmed as the Ambassador to Peru, Vishal Amin got the
post of White House Intellectual Property Enforcement
Coordinator.
Executive Director of World Bank Senior bureaucrat S Aparna(presently Principal Secretary to
Gujarat Chief Minister Vijay Rupani, she replaces S C Garg)
World Bank HQ – Washington D.C
President - Jim Yong Kim
Deputy Comptroller for Minority
Affairs in New York's Nassau county
Indian American DilipChauhan
Country – Bahamas
Capital – Nassau
Currency – Bahamian Dollar
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
139
President of Kenya Uhuru Kenyatta
Country – Kenya
Capital – Nairobi
Currency – Kenyan shilling
Russia‟s new ambassador to India NikolayKudashev
Country – Russia
Capital – Moscow
Currency – Russian Ruble
New Russia‘s Ambassador to India - NikolayKudashev
Preceded by - Alexander Kadakin
Goodwill Ambassador for Handicap
International
Neymar (World's Most expensive player)
Neymar – Neymar da Silva Santos Júnior, commonly known as
Neymar or Neymar Jr., is a Brazilian professional footballer
Country – Brazil
Capital – Brasília
Currency – Brazilian real
Designation Person
New High Commissioner of India to
Cyprus
R.K. Raghavan
Useful Info:
Country – Cyprus
Capital – Nicosia
Currency – Euro, Cypriot pound
New head the US space agency NASA James Bridenstine
Useful Info:
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
U.S Ambassador to India Kenneth I. Juster
the first Indian woman ambassador in
'Friends of Australia' (FOA) advocacy
panel by Tourism Australia.
Bollywood actress Parineeti Chopra
Useful Info:
Country – Australia
Capital – Canberra
Currency – Australian Dollar
8th President of Singapore HalimahYacob(She became the country‘s first female
President and the first in five decades to come from the Malay
ethnicity.)
Useful Info:
Country – Singapore
Capital – Singapore City
Currency – Singapore Dollar
Newly elected as Chair of Ethics
Commission of the International
Olympic Committee (IOC)
Ban Ki-moon (Former United Nations (UN) Secretary-
General)
Useful Info:
IOC - International Olympic Committee
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
140
Headquarters of IOC – Lausanne, Switzerland
President of IOC - Thomas Bach
new Prime Minister of Peru Mercedes Araoz Fernandez (He replaced Fernando Zavala,
who lost the vote of confidence by lawmakers on 15 September
2017.)
Useful Info:
Country – Peru
Capital – Lima
Currency – Sol
New Prime Minister - Mercedes AraozFernandez
UttarakhandSwachh Bharat Mission
Brand Ambassador
Akshay Kumar (Bollywood actor) Akshay was also appointed
as the brand ambassador for the cleanliness campaign in Uttar
Pradesh in August 2017 and his film "Toilet: EkPrem Katha"
was made tax-free in the state.
Useful Info:
State – Uttarakhand
Capital – Dehradun
CM - Trivendra Singh Rawat
Governor - Krishan Kant Paul
New President of Angola Joao Lourenco (He is first new President of the country in 38
years)
Useful Info:
Country – Angola
Capital – Luanda
Currency - Angolan kwanza
Resignation
Prime Minister of Iceland Mr.BjarniBenediktsson has resigned from the post
Useful Info:
Country – Iceland
Capital – Reykjavik
Currency – Icelandic króna
Designation Person
First Female President of UK's Supreme
Court
Brenda Hale
New Deputy Director General at WHO Soumya Swaminathan
Headquarters of WHO - Geneva, Switzerland
Director General of WHO - Tedros Adhanom Ghebreyesus
FICCI UK Director Param Shah
Mongolia New Prime Minister Ukhnaa Khurelsukh
Pakistan's New Navy Chief Zafar Mahmood Abbasi
UNESCO Chief Audrey Azoulay
RESIGNATION
D Shivakumar Resigns PepsiCo India Chairman and CEO
Umang Bedi Resigns Facebook MD of India
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
141
Important Awards and Honours
Awards Winners
MGNREGA annual award for effective
implementation of the Mahatma Gandhi
National Rural Employment Guarantee
(MGNREGA) Act during 2015-16
Vizianagaram (Andhra Pradesh)
Winner of the Man Booker International prize
2017
Israeli author David Grossman (for his novel `A
Horse Walks into a Bar')
Useful Info:
1st Man Booker award – year 1969
Author – P.H.Newby (UK)
Novel – Something to answer for
Winner of the Fifth Bhupen Hazarika National
Award, 2017
Yeshe Dorjee Thongshi (eminent writer from
Arunachal Pradesh, His most important novel is
Mauna Onth Mukhar Hriday ―Silent lips, murmuring
hearts‖ which won the Sahitya Akademi award in
2005.)
the first recipient of the Prime Minister‟s Award
for outstanding contribution to promotion and
development of Yoga
Ramamani Iyengar Memorial Yoga Institute (Pune)
Indian agricultural microbiologist who has been
conferred the Ministry of Environment Award
for 2017 in Japan
Shrihari Chandraghatgi (He is the President and
CEO of Eco Cycle Corporation, is the first foreigner to
be given the Ministry of Environment Award, the
highest award in the environmental sector in Japan)
Winner of Miss World in bodybuilding
championship which was held at Venice, Italy
Bhumika Sharma (She belongs to Dehradun)
The State which conferred with the award of
excellence at the 2nd Global Skill Development
Summit held in Paris
Uttarakhand
Winners of USIBC Global Leadership Awards of
the US-India Business Council
Adi Godrej (Godrej Group Chairman) and Andrew
Liveries (Dow Chemical CEO) for their role in
integrating India in the global supply chain.
Useful Info
USIBC – US India Business Council
President – Mukesh Adhi
Winner of Lifetime Achievement at The Mumbai
Press Club‟s RedInk Awards for Excellence in
Indian Journalism, 2017
Veteran journalist Vinod Dua (presented by
Devendra Fadnavis)
Winner of Journalist of the Year award at The
Mumbai Press Club‟s RedInk Awards for
Excellence in Indian Journalism, 2017
Raj Kamal Jha(presented by Devendra Fadnavis)
To whom NASA has posthumously awarded the
Exceptional Public Service Medal
Michael A‟Hearn (one of the world‘s leading comet
scientists)
Winner of World‟s Best Airline Award at the
SKYTRAX 2017 World Airline Awards
Qatar Airways
CEO of Qatar Airways: Akbar Al Baker
Winner of the France's highest civilian honour,
the coveted Legion of Honour.
Soumitra Chatterjee (Thespian Bengali actor)
Winner of the Raksha Mantri‟s Award for
Excellence
Defence public sector BEML Ltd (for design &
development of 180-tonne electric hydraulic excavator
BE1800E)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
142
Winner of Asia Pacific Quality Network Award
2017
National Assessment & Accreditation Council
(NAAC) for International Co-operation in Quality
Assurance.
About NAAC:
Headquarters: Bangalore, Karnataka, India
Parent department: MHRD
Agency executive: D.P. Singh, Director.
Winner of covetous Kalinga Literary Award Haraprasad Das (He is the Legendary poet and
essayist, won for his work and contribution to
literature at the fourth edition of Kalinga Literary
Festival (KLF).)
awarded with first prize in United Nations
Public
Service Award for Asia Pacific
West Bengal Government's Kanyashree Prakalpa
Scheme (This is a targeted conditional cash transfer
scheme aimed at retaining girls in schools and other
educational and skill development institutions and
preventing child
marriage.)
Honoured as the MBE (Member of the Order of
the British Empire)
Annabel Mehta (Sachin Tendulkar's mother-in-law
and social activist)
Honoured with the 'Best astrologer of
the world' award at the 'Russian-Indian
economic dialogue' round-table meet held in
Moscow.
T S Vineeth Bhatt (City-based astrologer and
numerologist)
Honoured with Queen„s Young Leaders Award Ankit Kawatra (He is a Anti-hunger activist)
Awards Winners
Winner of prestigious 'Great Immigrants'
annual award on US's Independence day
Adobe Chief Shantanu Narayen and former US
Surgeon General Vivek Murthy both are Indian-
Americans,
Winner of Order of Australia for community
work, the highest civilian award in Australia.
Guruswamy Jayraman (a 69-year-old Glenwood
resident who migrated from Delhi to Australia in
1991)
About Australia:
Capital – Canberra
Currency – Australian Dollar
PM - Malcolm Turnbull
Prime Minister‟s trophy for „Best Performing
Integrated Steel Plant‟
Tata Steel Ltd (Has won this for third consecutive
year)
About TATA Steel:
HQ – Mumbai
Founder - Jamsetji Tata
Winner of 2017 Trafficking in Persons (TIP)
Report Heroes Award
Mahesh Bhagwat (Presently he serves as the first
Commissioner of Police of Rachakonda.)
Nominated at the World Soundtrack Awards Music composer AR Rahman for his music in the
film 'Viceroy's House' Director – Gurinder Chadha
„Golden Peacock Award‟ for Environment
Management
Danfoss India (Climate and energy efficiency
solutions company, the award was presented in
Hyderabad during the 19th World Congress on
Environment Management‘ in the presence of
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
143
Supreme Court Justice Kurien Joseph.)
About Danfoss
HQ - Nordborg, Denmark
Present President of Danfoss India – Ravichandran
Purushothaman
Country – Denmark
Capital – Copenhagen
Currency - Danish krone
Honored as world‟s first completely green metro
system
Delhi Metro
Young Leaders Award for 2017 AnkitKawatra(Award presented by by Queen
Elizabeth II at a ceremony in the Buckingham Palace)
„Sportsperson of the Year‟ award P V Sindhu (Rio Olympics silver medallist was
bestowed with the 'Sportsperson of the Year' award
during the ‗Maruti Suzuki Sportsperson of the Year‘
Charity Gala Awards)
Useful Information:
P V Sindhu – Sportsperson of the Year
Sindhu‘s Coach P Gopichand – Coach of the Year
award
Milkha Singh – Living Legend of the Year award
Cricketer K L Rahul – Game changer of the Year
award
Abhinav Bindra - Lifetime Achievement Award
Deepa Malik - Inspirational athlete of the year award
Gaurav Gill - Athlete of the year award
Honorary Membership from Jodhpur Guide
Association
Shah Rukh Khan
Winner of 2017 Mahanayak Samman Shakuntala Barua
Honoured as World's Best City in a survey by
Travel and Leisure magazine
San Miguel de Allende in Mexico
Top 5 in the List:
San Miguel de Allende (Mexico)
Charleston (US)
Chiang Mai (Thailand)
Kyoto (Japan)
Florence (Italy)
Indian city has been declared as a World
Heritage City (WHC) by UNESCO
Ahmedabad
Winner of Lifetime Achievement Award for his
contributions as a parliamentarian in the Lok
Sabha
BJP leader L.K. Advani (JD-U leader SharadYadav
also received the Lifetime Achievement Award as a
RajyaSabha)
The other awardees from the LokSabha:
• Best Parliamentarian- Revolutionary Socialist
Party MP N.K. Premachandran,
• Best Woman Parliamentarian- Congress leader
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
144
KumariSushmitaDev and
• Best Debut Woman Parliamentarian- BJP leader
MeenakshiLekhi.
The awardees from the RajyaSabha
Best Parliamentarian- CPI-M leader
SitaramYechury,
Best Woman Parliamentarian- Samajwadi Party
MP Jaya Bachchan and
Best Debut Woman Parliamentarian- Congress MP
RajniPatil.
Useful Info
Present Speaker of LokSabha - SumitraMahajan
Present Chairman of RajyaSabha - Mohammad
Hamid Ansari
Honored with a fellowship by the Department of
Culture, Government of India (GoI)
NandakishoreKapote(Internationally-acclaimed
senior kathak dancer)
Winners of this year‟s Ramon Magsaysay
Awards
Yoshiaki Ishizawa, a Japanese historian who helped
Cambodians preserve the Angkor temples, and
GethsieShanmugam, a Sri Lankan teacher who
counseled war widows and orphans to overcome their
nightmares, are among the six winners of this year‘s
Ramon Magsaysay Awards. The other recipients
named are AbdonNababan, an Indonesian, a
Singaporean businessman Tony Tay, a Philippine
theater group and Lilia de Lima , a Filipino.
About the Award:
The Ramon Magsaysay Award is an annual award
named after former Philippine President Ramon
Magsaysay.
It is regarded as Asia‘s version of the Nobel Prize and
was first awarded in the year 1958.
Country – Philippines
Capital –Manila
Currency –Philippine Peso
Winner of 2017 UNDP Equator Prize for
sustainable farming model
SwayamShikshanPrayog(Indian NGO)
The Personality of the Year award by Skoch
Consultancy Services (SCS)-2017
Kishore Sansi(MD & CEO of Vijaya Bank)
Winner of Mohun Bagan Ratna for this year Subrata Bhattacharya.
Winner of Indian of the year award by Brands
Academy in New Delhi
PreetiShenoy(Indian Writer)
Topped in the list of most Powerful Arab
Women by Forbes
SheikhaLubna Al Qasimi(UAE Minister of State for
Tolerance)
Honoured as World‟s Richest Man Jeff Bezos (Founder of Amazon with a fortune of over
$90.5 billion)
Awards Winners
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
145
'Prem Nazir' Award Veteran Actress Sharada(She had won three national
awards with the first being for her performance in
1968 tragedy film "Thulabharam",)
‗PremNazir‘ Award was instituted by people of
Chirayankeezhu, in memory of Kerala‘s evergreen
actor PremNazir.
Honoured with UAE‟s prestigious Community
Service Medal
Firoz Merchant, (an Indian businessman in the
United Arab Emirates (UAE)
First Medal of Honor Awarded by Donald
Trump
Vietnam Army Medic (Trump presented America's
highest military honor to James McCloughan at a
White House ceremony)
Asia Society Game Changers Award Dev Patel (Indian-origin actor)
The Hindu Playwright Award 2017 GerishKhemani and Akshat Nigam (for their play
‗In Search of DariyaSagar‘)
Chosen for the First Kesari Media Award Veteran journalist T J S George
Recently Honoured with Kalpana Chawla award PreethiSrinivasan(the former State under-19 cricket
captain)
Prestigious Agriculture Leadership Award-2017 Telangana Chief Minister K ChandrashekharRao
UEFA's Best Player of the Year for the 2016/17
season
Cristiano Ronaldo (become the first footballer to
receive the honour thrice)
Biju Patnaik Award for Scientific Excellence for
the year 2016
Prof DigambarBehera(senior professor and Head,
Department of Pulmonary Medicine, the award is
given by OdishaBigyanAcademy(OBA))
First Miss TransQueen India NitashaBiswas(a transwoman from Kolkata, The
competition was held in Gurugram, Haryana)
Awards Winners
Prestigious Rashtriya Khel Protsahan Award The Reliance Foundation
(KendriyaVidyalayaSangathan (KVS) also received
the RashtriyaKhelProtsahanaPurushkar for its
‗Identification and Nurturing of Budding and Young
Talent‘ (IDCO) program.)
Useful Info:
Nita Ambani is the chairperson and founder of
Reliance Foundation and a non-executive director of
Reliance Industries
National Award for „Excellence‟ in Energy
Management
Hyderabad International Airport Ltd
Useful Info:
State – Telangana
Capital – Hyderabad
CM – K. ChandrashekarRao
Governor – Ekkadu Srinivasan Lakshmi Narasimhan
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
146
Winner of „best bank‟ award among small banks Karnataka Bank (for the use of technology for
financial inclusion at the 13th IDRBT Banking
Technology Excellence Awards 2016-17.)
Useful Info:
Karnataka Bank Headquarters in Mangaluru
MD & CEO - Mahabaleshwara M.S
PLuS Alliance Prize N R Narayana Murthy (Infosys co-founder) and
VeenaSahajwalla (Mumbai-born scientist)
First life time award by Badminton Association
of India (BAI)
PrakashPadukone (The renowned Indian Badminton
legend, he won the 1980 All England, besides bagging
a bronze at the 1983 World Championship in
Copenhagen.)
Useful info:
Mr. HimanthaBiswaSarma is the President
of Badminton Association of India.
Prestigious N R MadhavaMenon Best Law
Teacher Award 2017
TahirMahmood(He is a Eminent jurist awarded for
his distinguished services to legal education and the
legal profession on the occasion of Law Teachers' Day
celebrations)
National level RajbhashaKeerti Award The Marine Products Export Development
Authority (MPEDA) (This award has been given to
MPEDA for the best Implementation of Official
language in the organization.)
Useful Info:
MPEDA Chairman- A Jayathilak
Vijaya Bank has bagged the first prize under
the RajbhashaKirtiPuraskar (Region C) for the year
2016-17
Prestigious ANR National Award S SRajamouli(film-maker)
Useful Info:
Vice President - M Venkaiah Naidu
S SRajamouli – Film Maker
Recent Movie of S SRajamouli – Bahubali
UN High Commission for Refugees (UNHCR)
2017 Nansen Refugees Award
Zannah Mustapha (He is the Director of Future
Prowess Islamic Foundation School. Mr. Mustapha is
the first Nigerian recipient of the award.)
Useful Info:
The office of the United Nations High Commissioner
for Refugees (UNHCR) was created in 1950.
In 1954, UNHCR won the Nobel Peace Prize for its
groundbreaking work in Europe.
FilippoGrandi is the 11th United Nations High
Commissioner for Refugees.
Prestigious Von Hippel Award Professor C.N.R Rao (Eminent scientist) (The award
is the US-based Materials Research Society‘s (MRS)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
147
highest honour. Mr Rao is the Bharat Ratna awardee.)
Gentlemen‟s Quarterly Actor of the Year Award RajkummarRao (GQ (Gentlemen‘s Quarterly)
magazine conducted the GQ Men of the Year Awards
for 2017, in Mumbai. Woman of the Year award was
won by Anushka Sharma.)
Awards Winners
The „Cross of the Order of Merit‟, the highest
civilian honour awarded to individuals for their
services to Germany
Rajesh Nath (Managing Director of VDMA India)
The award, also known as Bundesverdienstkreuz or
Federal Cross of Merit.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
Best FMCG in the food sector at the 5th
International Advertising Associations (IAA)
Leadership Awards in Mumbai
The Gujarat Cooperative Milk Marketing
Federation (GCMMF), which manages brand AMUL
Useful Info
Headquarters of Gujarat Cooperative Milk Marketing
Federation (GCMMF) is in Anand, Gujarat.
Chairman of Gujarat Cooperative Milk Marketing
Federation (GCMMF) - Jethabhai P Patel
National award for senior citizens Indian boxing coach Gurbax Singh Sandhu
National Award for Excellence in Public
Administration, Academics and Management for
2017
Dr. Bindeshwar Pathak
Useful Info
Present President of India – Ram Nath Kovind
Vice President of India – Venkaiah Naidu
Mathrubhumi Literary Award for 2016 M K Sanu (Eminent critic, biographer and orator),
recognition of his rich contribution to the Malayalam
literature
18th edition of the International Indian Film Academy Awards (IIFA) 2017:
Best Film- Neerja
Best Director-Anirudh Roy Chaudhary for Pink
Best Actor (Male)-ShahidKapoor for Udta Punjab
Best Actor (Female)- Alia Bhatt for Udta Punjab
Best Actor in Supporting Role (Female)- ShabanaAzmifor Neerja
Best Actor in Supporting Role (Male)- AnupamKher for MS Dhoni: The Untold Story
Best Debutant (Female):DishaPatani for M.S. Dhoni: The Untold Story
Best Debut (Male)-DiljitDosanjh for Udta Punjab
Best Lyricist- Amitabh Bhattacharya for the song Channa Mere Ya from AeDilHai Mush kil
Best Playback Singer (Male)-Amit Mishra for AeDilHaiMushkil
Best Playback Singer (Female)-KanikaKapoor for Udta Punjab and Tulsi Kumar for Airlift
Best Music Direction-Pritam for AeDilHaiMushkil
Best Actor In Comic Role-VarunDhawan for Dishoom
Myntra Style Icon Award- Alia Bhatt
IIFA Woman Of The Year-TapseePannu
About 18th IIFA award 2017:
Venue - MetLife Stadium, East Rutherford, New Jersey
1st IIFA award 2000
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
148
Venue - Millennium Dome, London (UK)
Tamil Nadu government State Film awards for the Year (2009 to 2014)
Winners of Best Picture Category
Pasanga (2009)
Myna (2010)
VaagaiSoodaVaa (2011)
Vazhakku En 18/9 (2012)
Ramanujan (2013)
KutramKadithal (2014)
Indian Film Festival of Melbourne (IFFM) 2017
AishwaryaRaiBachchan, is first Indian actress to hoist the Indian flag at the event.She Hoisted the
Indian flag to mark the 70th Independence Day celebration.
Full Winners List:
Best Film - Pink
Best Actress - KonkonaSen Sharma for Lipstick Under my Burkha
Best Actor - Sushant Singh Rajput for Dhoni
Best Actor - (Special Mention) - Raj Kumar Rao for Trapped
Best Director - NiteshTiwari for Dangal
People‟s Choice Award - Dangal&Bahubali 2
Best Indie Film - Lipstick Under My Burkha
Equality in Cinema Award - Director/Actor Rahul Bose for Poorna
Leadership in Cinema - Karan Johar (he also presented the IFFM Diversity Award to Garth Davis,
director of the Academy nominated film LION)
Westpac IFFM Excellence in Global Cinema - AishwaryaRaiBachchan
69th Emmy Awards: Complete List of Winners
SNo Award Winner
1. Outstanding Comedy Series Veep
2. Outstanding Drama Series The Handmaid's Tale
3. Outstanding Variety Talk Series Last Week Tonight with John Oliver
4. Outstanding Variety Sketch Series Saturday Night Live
5. Outstanding Limited Series Big Little Lies
6. Outstanding Television Movie Black Mirror: "San Junipero"
7. Outstanding Lead Actor in a Comedy
Series Donald Glover as Earnest "Earn" Marks on Atlanta
8. Outstanding Lead Actress in a
Comedy Series Julia Louis-Dreyfus as Selina Meyer on Veep
9. Outstanding Lead Actor in a Drama
Series Sterling K. Brown as Randall Pearson on This Is Us
10. Outstanding Lead Actress in a Drama
Series
Elisabeth Moss as June Osborne / Offred on The Handmaid's
Tale
11. Outstanding Directing for a Comedy
Series Atlanta (Episode: "B.A.N."), Directed by Donald Glover
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
149
12. Outstanding Directing for a Drama
Series
The Handmaid's Tale (Episode: "Offred"), Directed by Reed
Morano
13. Outstanding Writing for a Comedy
Series
Master of None (Episode: "Thanksgiving"), Written by Aziz
Ansari and Lena Waithe
74th Venice Film Festival Awards 2017
Golden Lion - Best Movie The Shape of Water, directed by Guillermo del Toro
Grand Jury Prize Foxtrot, directed by Samuel Maoz
Silver Lion - Best Director Xavier Legrand (for Jusqu‘à la Garde)
Volpi Cup - Best Actress Charlotte Rampling (for Hannah)
Volpi Cup - Best Actor Kamel El Basha (for The Insult)
UNESCO Announced Winners of Literacy Prizes
The UNESCO Confucius Prize for Literacy (3
Awards)
AdulTICoProgram(Columbia),
FunDza Literacy Trust (South Africa) and The
Citizens Foundation (Pakistan)
The King Sejong Literacy Prize The Centre for the Study of Learning and
Performance (Canada) and the We Love Reading
programme (Jordan).
Complete list of Nobel Prize Winners 2017:
The 2017 Nobel Prize were announced recently in 6 different fields viz. Physiology or
Medicine, Physics, Chemistry, Literature, Peace, and Economic Sciences. We have compiled all the winners
under one complete table that will make you remember all the winners in a go.
Brief History of the Nobel Prize-
On 27 November 1895, Alfred Nobel signed his last will and testament, giving the largest share of his fortune to a
series of prizes in Physics, Chemistry, Physiology or Medicine, Literature and Peace - the Nobel Prizes. The Nobel
Prize distribution was first done on 1901. In 1968, Sveriges Riksbank (Sweden's central bank) established The
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Here is the Complete list of Winners of Nobel Prize 2017-
S. No. Field Description Winner
1. Physiology or Medicine
for the discoveries of molecular mechanisms
controlling the circadian rhythm
Jeffrey C. Hall (USA),
Michael Rosbash (USA) and
Michael W. Young (USA)
2. Physics
for decisive contributions to the LIGO detector
and the observation of gravitational waves
Rainer Weiss (Germany),
Barry C. Barish (USA) and
Kip S. Thorne (USA)
3. Chemistry
for developing cryo-electron microscopy for the
high-resolution structure determination of
biomolecules in solution
Jacques Dubochet
(Switzerland), Joachim
Frank (Germany) and
Richard Henderson
(Scotland)
4.
Literature
in novels of great emotional force, has uncovered Kazuo Ishiguro (Japan)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
150
the abyss beneath our illusory sense of connection
with the world
5. Peace
for its work to draw attention to the catastrophic
humanitarian consequences of any use of nuclear
weapons and for its ground-breaking efforts to
achieve a treaty-based prohibition of such
weapons
International Campaign to
Abolish Nuclear Weapons
(ICAN) (founded in
Australia)
6. Economic Sciences
for contributions to behavioural economics Richard H. Thaler (USA)
Here are some Static and Interesting Facts about the Nobel Prize-
The Nobel Prize in Physics-
1. The Nobel Prize in Physics is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden.
2. 111 Nobel Prizes in Physics have been awarded between 1901-2017.
3. 2 women have been awarded the Physics Prize so far.
4. 25 years was the age of the youngest Physics Laureate ever, Lawrence Bragg, when he was awarded the
1915 Physics Prize together with his father.
The Nobel Prize in Chemistry-
1. The Nobel Prize in Chemistry is awarded by the Royal Swedish Academy of Sciences, Stockholm,
Sweden.
2. 109 Nobel Prizes in Chemistry have been awarded between 1901 and 2017.
3. 4 women have been awarded the Chemistry Prize so far.
4. 1 person, Frederick Sanger, has been awarded the Chemistry Prize twice, in 1958 and in 1980.
5. 35 years was the age of the youngest Chemistry Laureate ever, Frédéric Joliot, who was awarded the Nobel
Prize in 1935.
6. 85 years was the age of the oldest Chemistry Laureate, John B. Fenn, when he was awarded the Chemistry
Prize in 2002.
The Nobel Prize in Physiology or Medicine-
1. The Nobel Prize in Physiology or Medicine is awarded by the Nobel Assembly at Karolinska Institutet,
Stockholm, Sweden.
2. 108 Nobel Prizes in Physiology or Medicine have been awarded between 1901 and 2017.
3. 12 women have been awarded the Medicine Prize so far.
4. 32 years was the age of the youngest Medicine Laureate ever, Frederick G. Banting, who was awarded the
1923 Medicine Prize for the discovery of insulin.
5. 87 years was the age of the oldest Medicine Laureate ever, Peyton Rous, when he was awarded the
Medicine Prize in 1966 for his discovery of tumour-inducing viruses.
The Nobel Prize in Literature-
1. The Nobel Prize in Literature is awarded by the Swedish Academy, Stockholm, Sweden.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
151
2. 110 Nobel Prizes in Literature have been awarded 1901-2017.
3. 14 women have been awarded the Literature Prize so far.
4. 41 years was the age of the youngest Literature Laureate ever, Rudyard Kipling, best known for The Jungle
Book.
5. 88 years was the age of the oldest Literature Laureate ever, Doris Lessing, when she was awarded the Prize
in 2007.
The Nobel Peace Prize-
1. The Nobel Peace Prize is awarded by a committee of five persons who are chosen by the Norwegian
Storting (Parliament of Norway).
2. 98 Nobel Peace Prizes have been awarded 1901-2017.
3. 16 women have been awarded the Nobel Peace Prize so far.
4. 1 Peace Prize Laureate, Le Duc Tho, has declined the Nobel Peace Prize.
5. Malala Yousafzai (17) is the youngest to win Nobel Peace Prize in 2014.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel-
1. The Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm,
Sweden.
2. 49 Prizes in Economic Sciences have been awarded since 1969.
3. 1 woman have been awarded the Prize in Economic Sciences so far, Elinor Ostrom, in 2009.
4. 51 years was the age of the youngest Laureate in Economic Sciences ever, Kenneth J. Arrow, who was
awarded in 1972.
5. 90 years was Leonid Hurwicz when he was awarded the Prize - the oldest Laureate in Economic Sciences
ever.
Useful Info
Winners of 2016 Nobel Prize in respective fields are as follows-
1. Physiology or Medicine- Yoshinori Ohsumi,
2. Physics- J. Michael Kosterlitz, Duncan Haldane, David J. Thouless,
3. Chemistry- Fraser Stoddart, Jean-Pierre Sauvage, Ben Feringa,
4. Literature- Bob Dylan,
5. Peace- Juan Manuel Santos,
6. Economic Sciences- Oliver Hart, Bengt Holmstrom.
MOUS AND AGREEMENTS
India signs loan agreement of 36 million dollar with World Bank
India today signed a loan agreement of36 million dollar with the World Bank for Himachal Pradesh Public
Financial Management Capacity Building Programme. The project aims to improve the efficiency of public
expenditure management and tax administration in Himachal Pradesh. The agreement was signed by Joint
Secretary of Department of Economic Affairs Raj Kumar and the Bank's Country Director Junaid Kamal
Ahmad.
India and Russia have signed two more units of nuclear power plants in Tamil nadu
India and Russia have signed the much-awaited agreement on setting up two more units of a nuclear power
plant in Tamil Nadu and decided to give a ―new direction‖ to the defence cooperation between the two ―great
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
152
powers‖. The two countries also decided to hold the first tri-Services exercises, named ‗Indra-2017,‘ this year
and start joint manufacture of frigates, adding to the co-production of Kamov-226 military helicopters.
China‟s Vivo is the new sponsor for FIFA
Chinese smartphone maker Vivo has signed on to sponsor the 2018 and ‗22 World Cups, FIFA said on
Wednesday, adding to a string of deals between Chinese firms and football‘s governing body. A FIFA
statement announcing the deal did not disclose terms but Financial Times put it at $450 million over six years.
Useful Info
FIFA - The Fédération Internationale de Football Association is the international governing body of association
football.
HQ - Zürich, Switzerland
President - Gianni Infantino
Agreement between NSDC and Bird Academy for skilling of unemployed youth
National Skill Development Corporation (NSDC) and Bird Academy have signed an MoU to skill more
than 30 thousand unemployed youth from across states in the aviation and aerospace sectors. NSDC and Bird
Academy will set up training centres. The centres will be set up in Chandigarh, Delhi, Cochin, Bengaluru,
Mumbai, Goa and other locations.
MoU between EXIM bank and KEXIM bank for export credit of USD 9 billion
The Union Cabinet chaired by the PM Modi has approved the proposed Memorandum of Understanding
(MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM)
for export credit of USD 9 billion for infrastructural development in India and for the supply of goods and
services as part of projects in third countries.
Useful Info
EXIM - Export-Import Bank of India
HQ – Mumbai
CEO - Shri Yaduvendra Mathur
KEXIM - Export-Import Bank of Korea
HQ - Seoul, South Korea
CEO - Yong Hwan Kim
India signed the OECD multilateral convention to check tax evasion by MNCs
India signed the OECD (Organisation for Economic Co-operation and Development) multilateral
convention that aims to check cross-border tax evasion by multinational companies. Union Finance Minister
Arun Jaitley signed the multilateral convention in Paris, France to implement tax treaty- related measures to
prevent base erosion and profit shifting.
Useful Info
OECD - Organisation for Economic Co-operation and Development
HQ – Paris, France
Secretary General - Angel Gurria
MoU between India and Maurities to institutionalize cooperation between Parliaments
India and Mauritius have signed a Memorandum of Understanding to institutionalize cooperation between
Parliaments of the two countries. The MoU was signed by Lok Sabha Speaker Sumitra Mahajan and Speaker of
National Assembly of Mauritius Santi Bai Hanoomanjee in Port Louis.
Useful Info
Country – Mauritius
Capital – Port Louis
Currency – Mauritian rupee
Parliament - National Assembly of Mauritius
MoU between Sikkim government & British Council to enhance quality of education
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
153
The Human Resource Development department of Sikkim government signed an MoU with the British Council
to enhance quality of education in the state. The MoU will improve the educational structure of the schools of
Sikkim. The purpose of the MoU is to support the aims and aspirations of the young people of Sikkim through
collaborative projects in the area of English, education and skills by strengthening the capacity of the teachers
and other professionals, working with youth in the state and support its cultural economy.
Useful Info
State – Sikkim
Capital – Gangtok
CM – Pawan Kumar Chamling
Governor - Shriniwas Dadasaheb Patil
Tata Group has signed an agreement with Lockheed Martin to produce and export new generation F-16
fighter aircraft
The defence arm of the Tata Group has signed an agreement with American firm Lockheed Martin to produce
and export new generation F-16 fighter aircraft, potentially kick-starting a mega ‗Make in India‘ project. The
agreement has been signed at the Paris Airshow, Lockheed to produce F-16 fighter planes in India. It is the
newest and most advanced version of the world‘s most successful, combat-proven multi-role fighter.
Useful Info
Lockheed Martin HQ – Bethesda, Maryland, United States
CEO - Marillyn Hewson
EPFO has signed an MoU with Housing and Urban Development Corporation for housing subsidy under
PMAY
Employees Provident Fund Organisation (EPFO) has signed an MoU with the Housing and Urban
Development Corporation (HUDCO) to enable members of its housing scheme to avail subsidy and interest
subvention under the Pradhan Mantri Awas Yojana (PMAY). Under the housing scheme, the EPFO allows its
subscribers for withdrawing up to 90 per cent of their EPF accumulations to buy homes. The MoU was signed
in New Delhi. Now, EPFO members can avail interest subsidy upto two lakh twenty thousand rupees in Credit
Linked Subsidy Scheme through HUDCO and National Housing Bank for those members whose annual
income is less that the amount specified in Pradhan Mantri Awas Yojna.
India and Russia have agreed to a roadmap for the development of bilateral defense cooperation
India and Russia have agreed to a roadmap for the development of bilateral defense cooperation. The roadmap
includes specific activities to be concluded by both sides, and aims to enhance cooperation in the field of
political and military dialogue, exercises, exchange of visits, military cooperation and training of military
personnel. The agreement was reached at the 17th meeting of the India-Russia Inter-Governmental
Commission on Military-Technical Cooperation held in Moscow. The meeting took place was held under the
Co-Chairmanship of the Minister Arun Jaitley and the Defence Minister of Russia Sergei Shoigu.
Useful Info
Defence Minister of India – Nirmala Sitharaman
Country – Russia
Capital – Moscow
Currency – Russian Ruble
President – Vladimir Putin
India and Portugal have signed eleven MOUs for cooperation in various areas
India and Portugal have signed eleven MOUs for cooperation in areas including double taxation avoidance,
science and technology, trade and investment, nanotechnology, space research, administrative reforms and
culture. 11 MoU's were exchanged out of which seven and there was the announcement of the launch of a joint
science fund for which both India and Portugal will contribute Euros two million each. 5 of the MoU's were in
the area of science and technology. One of the MoU's was signed for the creation of an India Portugal Space
Alliance and for advancing collaborative research. These agreements will promote India's science and
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
154
technology partnership with Portugal, towards the establishment of a unique Centre on the Azores Archipelago
- the Atlantic International Research Centre.
Useful Info
Country – Portugal
Capital – Lisbon
Currency – Euro
Current President – Marcelo Rebelo de Sousa
Current PM - Antonia Costa
UP Government has signed an agreement with ADB for a loan of 1950 crore rupees
Uttar Pradesh Government has signed an agreement with Asian Development Bank (ADB) for a loan of 1950
crore rupees for strengthening of roads in different district. The agreement was signed at Lucknow in the
presence of Chief Minister Yogi Adityanath and ADB President Takehiko Nakao. As per agreement, ADB will
provide the loan amount for Uttar Pradesh Main District Roads Development Project of 2782 crore rupees cost.
State government will spend 832 crore rupees form its own resources on the project. Project is scheduled to be
completed by 2024 and ADB will provide the loan for the period of 25 years on the interest rate of 2 percent.
Useful Info
ADB – Asian Development Bank
HQ - Mandaluyong, Philippines
President - Takehiko Nakao
MSME Minister Kalraj Mishra has launched the Digital MSME Scheme, MoU exchanged with SAP India,
Intel, HMT
MSME Minister Mr. Kalraj Mishra has launched the Digital MSME Scheme and also exchanged three MoUs
with SAP India, Intel and HMT. The United Nations has recently declared 27th June as the UN Day for
MSMEs. It has been celebrated for recognizing the importance of the crucial role that the sector plays both in
terms of job creation and contribution towards economic growth. The MSME has a total budget of Rs. 85.705
Crore including Government of India‘s contribution of Rs. 58.105 crore during 2017- 18 to 2019-
20. International Trade Centre (ITC) has celebrated the first International MSME Day on June 27, 2017. The
theme of MSME is ‗Small business – big impact‘.‖
Useful Info
MSME – Micro Small and Medium Enterprises
Minister – Kalraj Mishra
Constituency – Deoria (UP)
Agreement between BHEL and KHI (Kawasaki Heavy Industries Ltd)for manufacturing coaches for metro
trains
Bharat Heavy Electricals Ltd has entered into a technology collaboration agreement with Kawasaki Heavy
Industries Ltd (KHI) of Japan for manufacturing of stainless steel coaches and bogies for metros. The
agreement covers establishing design, engineering and manufacturing facilities at BHEL using Japanese
technology. It will also entitle BHEL for all technological advances and upgrades.
Useful Info
BHEL - Bharat Heavy Electricals Ltd (It has been granted the prestigious Maharatna (big gem) status in 2013 by
Govt of India for its outstanding performance and vast scale.)
HQ – New Delhi
MD & Chairman of BHEL - Atul Sobti
KHI - Kawasaki Heavy Industries Ltd
HQ - Minato, Tokyo, Japan
65 MoUs signed on second day of Textile India 2017
Union textiles ministry has inked 62 Memorandum of Understanding MoUs on the second day of Textile India
2017 in Gandhinagar- Gujarat. These include MoUs with Australia, China, and Bangladesh for silk research,
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
155
fashion technologies and knowledge transfer. Apart from these, the Gujarat government has also signed three
MoUs on textile sectors. The signing ceremony was presided over by Union textiles minister Smriti Irani and
Union minister of state for textiles Ajay Tamta.
Useful Info
Union Textile Minister – Smriti Irani
Constituency – Gujarat (Rajya Sabha)
Union minister of state for textiles - Ajay Tamta
Constituency – Almora, Uttarakhand
MoU between Ministry of Health, Family Welfare and West Bengal Government to set up Centre of
Excellence in Transfusion Medicine at Kolkata
Ministry of Health and Family Welfare signed an MoU with the Government of West Bengal to formalize its
support to set up a state-of-the-art Centre of Excellence in Transfusion Medicine at Kolkata. The Centre of
Excellence in Transfusion Medicine will be set up in Kolkata. The initiative helps in strengthening the blood
transfusion services in the State and the surrounding region. The government of India has approved this
important initiative with an outlay of approximately Rs.200 Crores towards equipment, manpower and running
costs. The land for this initiative will be provided free of cost by the State government.
Useful Info
State – West Bengal
Capital – Kolkata
CM – Mamta Banerjee
Governor – Keshari Nath Tripathi
Minister of Health and Family Welfare – J P Nadda
Constituency – Himachal Pradesh (Rajya Sabha)
Hindustan Aeronautics Limited (HAL) has signed an MoU for the financial year 2017-18 with the Ministry
of Defence
Hindustan Aeronautics Limited (HAL) has signed an MoU for the financial year 2017-18 with the Ministry of
Defence. The annual MoU was signed between Ashok Kumar Gupta, Secretary, Department of Defence
Production and T Suvarna Raju, CMD-HAL. The MoU has outlined targets on various performance parameters
of the company during the year 2017-18. The revenue from operations has been targeted at Rs. 17,900 crore,
the highest ever. HAL has also laid specific emphasis on capacity building, modernization, solar power plants,
aiming to achieve capital expenditure of Rs. 1,300 crore.
Useful Info
Minister of Defence – Nirmala Sitharaman
Constituency – Gujarat (Rajya Sabha)
HAL - Hindustan Aeronautics Limited
Chairman and Managing Director of HAL - T. Suvarna Raju
HAL Headquarter - Bengaluru
Agreement between Erode-based Five P Venture India Private Ltd and Central Silk Board (CSB)
Erode-based Five P Venture India Private Ltd and Central Silk Board (CSB) inked an agreement for
development and commercialisation of handloom silk products. This MoU signed at the first-ever mega trade
fair for the textile sector organised by the Ministry of Textiles at Gandhinagar. This step will also help revive
the heritage skills of the handloom weavers in Chennimalai belt.
Useful Info
Central Silk Board (CSB) HQ – Bengaluru
Digital payments company MobiKwik has partnered with Samsung Pay
Digital payments company MobiKwik has partnered Samsung Pay, under which consumers will be able to
make payments with a single tap using select Samsung handsets. Samsung had unveiled a 'Mini' version of the
platform that integrates UPI and mobile wallets to work on mid-range priced smartphones.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
156
Useful Info
Samsung HQ – Seoul, South Korea
Mobikwik HQ – Gurugram
Mobikwik CEO - Bipin Preet Singh
India and Sri Lanka have signed a MoU to develop a village in Anuradhapura District (in Sri Lanka)
India and Sri Lanka have signed a MoU to develop a village in Anuradhapura District (in Sri Lanka) at a cost
of 30 crores Sri Lankan rupees. The village in the name of a famous Buddhist monk Sobitha Thero, envisages
construction of 153 new houses, a multi-purpose community building, internal water supply system and
renovation of monk‘s quarters & library. The project is in line with Government of Sri Lanka‘s policy of
rehabilitation of rural villages for economic development. It will benefit 153 families residing in the village.
Useful Info
Country – Sri Lanka
Capital – Sri Jayawardenepura Kotte (administrative), Colombo (Financial)
Currency – Sri Lankan Rupee
President - Maithripala Sirisena
MoU between Goa Shipyard Limited (GSL) and Department of Defence Production
Goa Shipyard Limited (GSL), a Miniratna Defence Public Sector Undertaking (DPSU) signed an MoU for the
financial year 2017-18 with Ministry of Defence. The annual MoU was signed between Secretary (Defence
Production) Shri Ashok Kumar Gupta on behalf of the Ministry of Defence and Chairman and Managing
Director, GSL Rear Adm (Retd) Shekhar Mital. This year‘s MoU target for ‗Revenue from Operations‘ has
been set at Rs1150 crore, which is 43 percent higher than the financial year 2016-17 target of Rs800 crore.
Notably, in the financial year 2016-17, the Shipyard achieved historical high VoP of Rs1030 crore and PBT of
Rs177 crore. GSL was adjudged as ‗Best Performing Shipyard‘ by MoD.
Useful Info
Goa Shipyard Limited (GSL) - Goa Shipyard Limited is one of India's best shipyards and designated "mini-Ratna"
by the Government of India.
HQ – Goa
Defence Minister of India – Nirmala Sitharaman
Union Minister of State for Defence - Dr. Subhash Ramrao Bhamre
Constituency – Dhule, Maharashtra
Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D)
Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D) for
extending various banking services to Government e-Marketplace (GeM). DGS&D has been mandated to set
up GeM, an initiative intended to bring greater transparency and efficiency in public procurements.
Useful Info
BOB - Bank of Baroda
HQ – Vadodara
Tagline – India‘s International Bank
CEO - P. S. Jayakumar
Karnataka Bank partnered with PNB MetLife, has launched Met Loan and Life Suraksha (MLLS)
Karnataka Bank, in association with its PNB MetLife, has launched Met Loan and Life Suraksha (MLLS), a
single premium plan covering the loan liability of a customer. The bank has also introduced KBL MLLS, an
app for its employees to instantly calculate the insurance cover and premium based on loan liability of the
borrowers.
Useful Info
Karnataka Bank HQ – Mangalore
MD and CEO of Karnataka Bank - Mahabaleshwara M.S
Director of PNB MetLife - Sameer Bansal
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
157
Airports Authority of India (AAI), has signed an MoU with Government of Uttarakhand on aviation
development
Airports Authority of India (AAI), has signed an MoU with Government of Uttarakhand and joined hands with
Uttarakhand Civil Aviation Development Authority (UCADA). The MoU was signed by S. Ramaswamy, Chief
Secretary, Government of Uttarakhand and Anil Gupta, General Manager (Business Development), AAI. The
scope of the MoU is to identify relevant factors influencing the development of civil aviation infrastructure in
Uttarakhand, assessing the commercial potential of various airports of the State, and identifying technical
considerations for airport operations in the State.
Useful Info
AAI – Airports Authority of India
HQ – New Delhi
State – Uttarakhand
Capital – Dehradun, Nainital (Judiciary)
CM – Trivendra Singh Rawat
Governor - Krishan Kant Paul
Tax authorities of the five BRICS countries have signed a landmark document to facilitate taxation
cooperation
Tax authorities of the five BRICS countries have signed a landmark document to establish a mechanism for
taxation cooperation. The BRICS Taxation Cooperation Memorandum, signed at the fifth meeting of BRICS
Heads of Tax Authorities, is the bloc‘s first document that elevates taxation cooperation to the institutional
level. The authorities also agreed to cooperate on taxation information exchange, improve consultation
procedures efficiency, boost taxation capacities and plan paths for coordination of taxation policies and tax
collection. The meeting comes ahead of the 2017 BRICS Summit to be held in Fujian province‘s Xiamen city
from September 3 to 5.
Useful Info
BRICS – Brazil, Russia, India, China, South Africa
BRICS was established in 2006
NDB – The New Development Bank, formerly referred to as the BRICS Development Bank, is a multilateral
development bank established by the BRICS states.
HQ - Shanghai, China
President - K. V. Kamath
Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the
distribution of insurance products
Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the
distribution of insurance products through the branches. Under this agreement, Bajaj Allianz General Insurance
will offer personal lines of insurance products such as health, personal accident, home, motor and travel along
with commercial line of insurance products such as property, marine and engineering insurance, etc to the
bank's customers.
Useful Info
PNB - Punjab National Bank
HQ – New Delhi
MD of Punjab National Bank - Sunill Mehta
Bajaj Allianz General Insurance HQ – Pune
CEO - Tapan Singhel
BSE joined hands with Egyptian Exchange (EGX) for cooperation in exchange of information across
business areas
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
158
Leading bourse BSE joined hands with Egyptian Exchange (EGX) for cooperation in exchange of information
across business areas. Through this MoU a range of opportunities has been explored for the development of
their businesses, products and markets to share knowledge and strengthen international connectivity.
Useful Info
BSE – Bombay Stock Exchange
HQ – Mumbai
MD & CEO of BSE - Ashishkumar Chauhan
EGX - Egyptian Exchange
Country – Egypt
Capital – Cairo
Currency - Egyptian Pound
Sri Lanka, China sign $1.5 billion Hambantota port deal
Sri Lanka‘s government signed an agreement to sell a 70% stake in a $1.5 billion Hambantota port to China in
a bid to recover from the heavy burden of repaying a Chinese loan obtained to build the facility. The deal
document was signed between the Sri Lanka Ports Authority and China Merchants Port Holding Co. in
Colombo, Sri Lanka.
Useful Info
Country – Sri Lanka
Capitals: Colombo, Sri Jayawardenepura Kotte
Currency: Sri Lankan rupee
President: Maithripala Sirisena
Amazon Prime Video has signed deal with Bollywood star Salman Khan
Amazon Prime Video has signed deal with Bollywood star Salman Khan to premiere his all future films first
exclusively on Amazon Prime Video right after the theatrical release. Nitesh Kripalani, Director and Country
Head, Amazon Video India and James Farrell, Head of Content, Prime Video, Asia Pacific, also participated in
signing deal. It will start with his film ―Tubelight‖, which released in June. All future movies from Salman
Khan Ventures released after ―Tubelight‖ will premiere exclusively on Amazon Prime Video first after their
release in theatres and two months before television broadcast or any other distribution.
Useful Info
Amazon HQ – Seattle, Washington, United States
India and Somalia signed a bilateral agreement for the transfer of sentenced persons
India and Somalia signed a bilateral agreement for the transfer of sentenced persons. The move is step forward
in deepening humanitarian cooperation between the two nations. The agreement was signed between External
Affairs Minister SushmaSwaraj and Foreign Minister of the Federal Republic of Somalia Yusuf Garaad Omar.
Useful Info
Country –Somalia
Capital – Mogadishu
Currency – Somali shilling
Union Cabinet signed MoU with BRICS countries to set up BRICS Agriculture Research Platform (BRICS-
ARP)
The Union Cabinet chaired by the Prime Minister ShriNarendraModi has given its ex-post facto approval for a
Memorandum of Understanding (MoU) signed among India and various BRICS countries for establishment of
the BRICS Agriculture Research Platform (BRICS-ARP). During the 7th BRICS Summit held in July 2015 at
Ufa in Russia, PM Modi proposed to establish BRICS Agriculture Research Centre which will be a gift to the
entire world. The Centre will promote sustainable agricultural development and poverty alleviation through
strategic cooperation in agriculture to provide food security in the BRICS member countries.
Useful Info
BRICS – Brazil, Russia, India, China, South Africa
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
159
BRICS Bank is named as New Development Bank
New Development Bank HQ –Shanghai, China
President –K. V. Kamath
Agriculture Ministry signed a Memorandum of Association (MoA) for setting up a regional centre of the
global rice research institute IRRI in Varanasi
The Agriculture Ministry signed a Memorandum of Association (MoA) for setting up a regional centre of the
global rice research institute IRRI in Varanasi to develop high- yielding rice varieties. The Philippines-based
International Rice Research Institute (IRRI), which has offices in 17 countries, is known for its work in
developing rice varieties that contributed to the green revolution in 1960s. IRRI's South Asia Regional Centre
will be set up at the campus of National Seed Research and Training Centre (NSRTC) in Varanasi. The MoA
was signed between Agriculture Secretary Shobhana K Patnaik and IRRI Director General Matthew Morell.
Useful Info
Minister of Agriculture – Radha Mohan Singh
Constituency – Purvi Champaran, Bihar
US- India Strategic Partnership Forum (USISPF) is being set up to enhance business relations between
India and US
A new representative body US- India Strategic Partnership Forum (USISPF) is being set up to enhance
business relations between India and US. The body will work with businesses and government leaders to
achieve its goals of driving economic growth, job creation, innovation, inclusion and entrepreneurship. Mukesh
Aghi will serve as a USISPF President while GauravVerma will serve as Chief Operating officer.
Useful Info
Country - United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
Vice – President – Mike Pence
Patanjali to teams up with Facebook, Google for online advertisement push
Yoga Guru Baba Ramdev-led Herbal products manufacturer Patanjali Ayurved plans to team up with social
media site Facebook and search engine Google in a push to increase its digital presence for better online
marketing. The brand which has been campaigning to ―Go Swadeshi‖ clocked a turnover of Rs 10,561 in the
2016-17 fiscal years.
Useful Info
Facebook HQ – Menlo Park, California, United States
Google HQ – Mountain View, California, United States
Patanjali HQ – Haridwar, Uttarakhand
MCX, Mahindra Agri sign MoU for agriculture related price information
Multi Commodity Exchange of India Limited (MCX) and Mahindra Agri Solutions Ltd have signed a
Memorandum of Understanding (MoU) to provide agriculture related price information.This information
would be available on their recently launched mobile application ‗MyAgriGuru‘ which is available for free on
Google play store. MahindraAgri Solutions Ltd is a wholly owned subsidiary of Mahindra and Mahindra.
Useful Info
MCX - Multi Commodity Exchange of India Limited
Headquarters of MCX – Mumbai
CEO - Mrugank M. Paranjape
Mahindra & Mahindra HQ – Mumbai
CEO - Anand Mahindra
India signed a loan agreement with AIIB of USD 329 million for Gujarat Rural Roads Project
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
160
India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329
million for Gujarat Rural Roads Project. The objective of the project is to improve the rural road connectivity
and accessibility to 1,060 villages in all the 33 districts in Gujarat state benefiting about 8 million people. The
project will also benefit the service providers such as public transport operators, educational institutions,
hospitals, local markets and traders.
Useful Info
State – Gujarat
Capital – Gandhi nagar
CM – Vijay Rupani
Governor – Om Prakash Kohli
AIIB - Asian Infrastructure Investment Bank
HQ – Beijing
President - Jin Liqun
Microsoft Ties Up With Telengana To Use AI To Screen Kids For Eye Issues
Microsoft ties up with the state of Telangana to use its artificial intelligence-based MINE platform to screen
children for eye problems and prevent avoidable blindness. MINE -Microsoft Intelligent Network for Eyecare -
is a global consortium of eyecare providers, research and academic institutions that will apply artificial
intelligence to help in eye care delivery.
Useful Info
Microsoft HQ – Redmond, Washington, United States
CEO - Satya Narayana Nadella
Iran signs MoU with Renault, it is the biggest ever car deal
Iran‘sofficial news agency says two Iranian companies have signed the country‘s biggest-ever car deal with
French multinational automobile manufacturer Group Renault to produce 150,000 cars, beginning in 2018.
The Euro €660 million or $778 million deal follows the lifting of international sanctions after Iran‘s 2015
nuclear agreement with world powers.
Useful Info
Country – Iran
Capital – Tehran
Currency – Iranian Rial
Renault HQ - Boulogne-Billancourt, France
Bajaj Auto and Triumph Motorcycles UK have announced a global partnership
Bajaj Auto and Triumph Motorcycles UK have announced a global partnership. This non-equity tie-up
between Bajaj and Triumph will enable the former to build a range of mid-capacity motorcycles, building on
the collective strengths of both companies. The aim of this partnership is to deliver a range of outstanding mid-
capacity motorcycles. It will enable to offer a wide range of motorcycles within its domestic market and
other international markets.
Useful Info
Bajaj Auto HQ – Pune
CEO of Bajaj Auto - Rajiv Bajaj
Triumph Motorcycles HQ – Hinckley, United Kingdom
Owner – John Bloor
SEBI and SEO of Iran have entered into a bilateral MoU for mutual cooperation and technical assistance
The Securities and Exchange Board of India (SEBI) and Securities & Exchange Organization (SEO) of
Iran have entered into a bilateral MoU for mutual cooperation and technical assistance. It will facilitate mutual
assistance, contribute towards efficient performance of the supervisory functions, and enable effective
enforcement of laws and regulations governing the securities markets. The MoU was signed by SEBI chief
Ajay Tyagi and SEO Iran chairman Shapour Mohammadi.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
161
Useful Info
SEBI HQ – Mumbai
Chairman of SEBI – Ajay Tyagi
Finance Ministry and the World Bank signed a $24 Million to Enhance India's Forest Ecosystem Services
The Finance Ministry and the World Bank signed a grant agreement of $24.64 million from the Global
Environment Facility (GEF) of the World Bank for ecosystem service improvement project. The project
would be financed entirely by the World Bank out of its GEF Trust Fund. The project's duration is five years.
The objective of the Project is to strengthen the institutional capacity of the departments of forestry and
community organizations to enhance forest ecosystem services and improve the livelihoods of forest dependent
communities in central Indian highlands.
Useful Info
Union Finance Minister – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
World Bank HQ – Washington D. C
President of World Bank - Jim Yong Kim
Union Bank of India signs agreement with Bajaj Allianz General Insurance and Cholamandalam MS
General Insurance
Union Bank of India entered into a corporate agency agreement with Bajaj Allianz General Insurance and
Cholamandalam MS General Insurance for distribution of their insurance products. The public sector bank
already has a corporate agency agreement with The New India Assurance.
Useful Info
Union Bank of India HQ – Mumbai
MD & CEO – Shri Rajkiran Rai G
Tagline - Good People to Bank with
GeM and CII sign MoU to establish GeMSamvad
A MoU was signed between Government eMarketplace (GeM) special-purpose vehicle SPV and the
Confederation of Indian Industry (CII), in the presence of Ms. Nirmala Sitharaman, Commerce &
Industry Minister at Udyog Bhawan, New Delhi.This MoU between GeM and CII is aimed at establishing
GeM Samvaad – a participative and collaborative approach with the industry for promoting Indian
industry and entrepreneurship.
Useful Info
GeM – Government eMarketplace
CII - Confederation of Indian Industry
Nepal and China has signed three pacts to boost their ties in power and energy sectors
Nepal and China has signed three pacts to boost their ties in power and energy sectors and undertake a
feasibility study to excavate natural gas and petroleum in the Himalayan country, including in the southern
Terai plains.The agreements have covered economic and technological cooperation, oil and gas resources
exploration, and promotion of investment.
Useful Info
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
President - Bidhya Devi Bhandari
Prime Minister - Sher Bahadur Deuba
Power Grid Corp announced to get USD 500 million loan from the Asian Development Bank (ADB)
State-run power transmission utility Power Grid Corp announced that it will get a loan of USD 500 million
from the Asian Development Bank (ADB) for its various projects.The proceeds of the loan are proposed to be
utilised for funding of Green Energy Corridor (Part D); 800KV High Voltage Direct Current (HVDC) bipole
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
162
link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) and 320 KV
HDVC link between Pugalur and North Trichur (Kerala).
Useful Info
ADB – Asian Development Bank
Headquarters of ADB –Manila, Philippines
President of ADB –TakehikoNakao
Nestle India has tied up with Amazon India for the launch of its new Nutrilicious range of Maggi Noodles
Nestle India has tied up with Amazon India for the launch of its new Nutrilicious range of Maggi Noodles.
The new range will be available first on Amazon.in, and the company, subsequently, aims to roll it out across
retail outlets in India.New Maggi Nutritious Noodles are in line with Nestle‘s ―Simply Good‖ initiative to
provide healthier & tastier choices to consumers.
India, Nepal to expedite various joint infrastructure projects
Describing their bilateral ties as deep, comprehensive and multi-faceted, India and Nepal have decided to
expedite various joint infrastructure projects such as laying of rail links and building of roads.Prime Minister
NarendraModi held comprehensive talks with his Nepalese counterpart SherBahadurDeuba in New Delhi and
later in a joint statement the two leaders expressed satisfaction over the excellent state of India-Nepal relations.
Mr.Modi appreciated the efforts being made by the government of Nepal to take all sections of the society on
board in the constitution implementation process and in establishing Nepal as a federal, democratic republic.
BhartiAirtel, entered into a partnership with Symantec Corp
The country's largest telecom services provider,BhartiAirtel, entered into a partnership with Symantec Corp,
the world‘s leading cyber security company, to serve the growing cyber security requirements of businesses in
India.It will provide protection and prevention of online threats in an increasingly digitally connected world.
According to the agreement, Airtel will be the exclusive Cyber Security Services partner for Symantec in India,
and will distribute Symantec‘s enterprise security software.
Useful Info
CEO of Airtel – GopalVittal
Chairman of Airtel - Sunil Bharti Mittal
Symantec HQ – Mountain View, California, United States
CEO of Symantec –Greg Clark
India and Germany signed an agreement to Improve Grid Integration of Renewable Energy
India and Germany signed an agreement on technical cooperation under the Indo-German Energy
Programme– Green Energy Corridors (IGEN-GEC).The main objective of this program component is to
improve the sector framework and conditions for grid integration of renewable energy.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
Chancellor - Angela Merkel
India and Switzerland signed two MoUs in the field of Railways
India and Switzerland signed two MoUs in the field of Railways. The two MoUs were signed between
Ministry of Railways and Swiss Confederation after high-level talks between Indian Prime Minister Narendra
Modi and Doris Leuthard, President of Swiss Confederation during her visit to New Delhi.
First MoU
The MoU was signed between Ministry of Railways and Federal Department of the Environment,
Transport, and Communications of the Swiss Confederation for technical cooperation in Rail Sector.
The MoU aims at cooperation in the following areas:
1. Traction Rolling stock
2. EMU and Train sets
3. Traction Propulsion Equipment
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
163
4. Tilting Trains
Second MoU
The second MoU was signed between Konkan Railway Corporation Limited (KRCL) and Swiss Federal
Institute of Technology (ETH) Zurich. The MoU aims to help the Konkan Railway in establishing the
George Fernandes Institute of Tunnel Technology (GFITT) at Goa, especially for assimilation and
dissemination of knowledge in the field of tunneling.
Useful Info
Union Minister for Railways – Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
Country – Switzerland
Capital – Bern
Currency – Swiss Franc
Swedish defence major SAAB announced its tie-up with Adani Group
Swedish defence major SAAB announced its tie-up with Adani Group to manufacture the Gripen E fighter
jets in India under the Defence Ministry‘s $10 billion single-engine fighter jet procurement programme. The
announcement comes within months of US‘ Lockheed Martin announcing its joint venture with Tata Advanced
Systems for producing the latest version of F-16 in India.
Useful Info
Chairman and Founder of the Adani Group – Gautam Adani
Country – Sweden
Capital – Stockholm
Currency - Swedish krona
Nepal has signed a USD 635 million UN assistance package for 2018-2022
Nepal has signed a USD 635 million UN assistance package for 2018-2022 to lay out the
country‘s development strategy for the next five years. The package involves 26 individual UN agencies. The
National Planning Commission, apex advisory body of the Government of Nepal, and the United Nations
Country Team (UNCT) in Nepal signed the United Nations Development Assistance Framework (UNDAF).
Useful Info
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
United Nations Secretary-General - Antonio Guterres
India, Myanmar sign eleven MoUs in a range of sectors
India and Myanmar have signed 11 Memoranda of Understanding (MoUs) agreements in a range of sectors,
including one on maritime security cooperation. The MoUs were signed after Prime Minister Narendra Modi
held wide-ranging talks with Myanmar's State Counsellor Aung San Suu Kyi in Nay Pyi Taw.
Besides the MoU to strengthen maritime security cooperation, the countries also signed an agreement for
sharing white shipping information to improve data sharing on non-classified merchant navy ships or cargo
ships.
The 11 MoUs also include one between the Election Commission of India and Union Election of Myanmar, the
national level electoral commission of Myanmar. An MoU was also signed to organise cultural exchange
programme for the period 2017-2020, according to a statement issued by Ministry of External Affairs.
The two countries also signed agreements on cooperation between Myanmar Press Council and Press Council
of India, extension of agreement on the establishment of India-Myanmar Centre for Enhancement of IT skill.
They also signed agreements to cooperate in 'Medical Products Regulation' and in the field of health and
medicine. They also signed an MoU on enhancing the cooperation on upgradation of the women's police
training centre at Yamethin in Myanmar.
Useful Info
Country – Myanmar (Burma)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
164
Capital – Naypyidaw
Currency - Burmese kyat
Agreement between State-owned Bharat Sanchar Nigam Limited (BSNL) US-based networking solutions
provider Coriant to chart the path to 5G
State-owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US-based networking
solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India. The MoU was signed
between BSNL and Coriant for laying the foundation for innovation in network architectures and services
leveraging 5G, IoT, Software Defined Networking/Network Functions Virtualisation (SDN/NFV), and
mobile edge computing technologies.
Useful Info
Chairman & Managing Director of BSNL is Shri Anupam Shrivastava
Internet of Things – the interconnection via the Internet of computing devices embedded in everyday objects,
enabling them to send and receive data.
Ashok Leyland Inks Pact with Rosoboronexport, ELCOM
The defence entity of Hinduja Group flagship company Ashok Leyland had signed an MoU with
Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces. Rosoboronexport (ROE) is
the only State organisation in Russia for export of the entire range of military products and technologies. Ashok
Leyland signed another MoU with ELCOM Group which is also emerging as a significant player in strategic
electronics, avionics and tactical communication globally.
Useful Info
Country – Russia
Capital – Moscow
Currency – Russian Ruble
Rosoboronexport represents Russian companies engaged in the manufacturing of main battle tanks, infantry
fighting vehicles and is currently working with the Indian Army.
Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC
Bank)
Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC
Bank) to offer its protection and savings products to the latter‘s customers. PMC Bank is a multi-State
scheduled urban cooperative bank with 127 branches spread across Maharashtra, Delhi, Karnataka, Goa,
Gujarat, Andhra Pradesh and Madhya Pradesh. Exide Life Insurance works with around 50 banks.
Useful Info
Exide Life Insurance Company Limited
Headquarter – Bengaluru
MD and CO of Exide Life Insurance - Kshitij Jain
List of MoUs Signed During Visit of PM Modi to Myanmar
After attending the BRICS Summit in China, PM Modi left for his three-day visit to Myanmar. He was received
by the Myanmar President Htin Kyaw. Following set of agreements were signed between the two nation.
MoU on Maritime Security Cooperation
Cultural Exchange Programme for the year 2017-2020.
MoU on Enhancing the Cooperation of the Upgradation of the Women's Police Training Centre at Yamethin,
Myanmar.
MoU for Sharing White Shipping Information between the Indian Navy and Myanmar Navy
Technical Agreement for providing Coastal Surveillance System
MoU between the Central Drugs Standard Control Organization (CDSCO), Ministry Of Health and Family
Welfare of the Republic of India and Food and Drugs (FDA), Ministry of Health and Sports of Myanmar on
Cooperation in Medical Products Regulation.
Exchange of Letter for Extension of MoU on the establishment of MIIT
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
165
Exchange of Letter for Extension of MoU on the establishment of India-Myanmar Center for Enhancement of
IT-Skill
MoU in the field of elections between the Election Commission of India and The Union Election Commission
of Myanmar.
MoU on Cooperation between Myanmar Press Council and the Press Council of India.
Useful Info
Country – Myanmar (Burma)
Capital – Naypyidaw
Currency - Burmese kyat
Andhra Pradesh government has signed an MoU with Hyperloop Transportation Technologies (HTT)
The Andhra Pradesh government has signed an MoU with the US-based Hyperloop Transportation
Technologies (HTT)to build India's first Hyperloop system. The planned project is aimed at connecting
cities Amaravati and Vijayawada in Andhra Pradesh, supposedly covering the distance of over 35 km in just
five minutes. The AP Economic Development Board (AP-EDB) and HTT signed the MoU in Amaravati.
Under the MoU, a six-month feasibility study would be conducted from October.
Useful Info
State – Andhra Pradesh
Capital – Amaravati
CM – N. Chandrababu Naidu
Governor - E. S. L. Narasimhan
BSNL and Punjab National Bank (PNB) Join Hands for Mobile Wallet Speedpay Rollout
Punjab National Bank and state-run firm BSNL teamed up to roll out open mobile wallet Speedpay across
10 states in the country. PNB Speedway wallet will operate like any other mobile wallet for paying bills,
recharging phone besides its users will be able to deposit and withdraw money from authorized retail outlets.
Under the agreement, BSNL will expand Speedpay services in Punjab, Chandigarh(UT), Haryana, Jammu and
Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and Uttarakhand.
Useful Info
PNB – Punjab National Bank
Headquarters – New Delhi
Tagline – The name you can bank upon
MD & CEO of Punjab National Bank - Sunil Mehta
Chairman & Managing Director of BSNL - Shri Anupam Shrivastava
India and Afghanistan exchanged four pacts in areas of health, transport, space
India and Afghanistan exchanged four pacts in areas of health, transport, space and new development
partnership. The agreements were exchanged after delegation level talks between External Affairs Minister
Sushma Swaraj and Foreign Minister of Afghanistan Salahuddin Rabbani in New Delhi. Mr. Rabbani was
on the three-day visit to India. India will supply wheat to Afghanistan in coming weeks through Chahbahar
port.
Useful Info
Country – Afghanistan
Capital – Kabul
Currency - Afghan afghani
Union Minister for External Affairs – Sushma Swaraj
Constituency – Vidisha, Madhya Pradesh
Maharashtra Government and Mother Dairy have signed a lease agreement to set up a processing plant
The Maharashtra Government and Mother Dairy Fruit and Vegetable Pvt. Ltd, a subsidiary of National
Dairy Development Board (NDDB) have signed a lease agreement to set up a state-of-the-art milk and milk
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
166
products processing plant. As per the MoU, a dairy development initiative will begin in Vidarbha and
Marathwada regions to provide access to milk producers to markets in Nagpur and Mumbai.
Useful Info
State – Maharashtra
Capital – Mumbai
CM – Devendra Fadnavis
Governor – Vidyasagar Rao
Paytm Payments Bank (PPB) has partnered with the National Payments Corporation of India (NPCI)
Paytm Payments Bank (PPB) has partnered with the National Payments Corporation of India (NPCI) to
launch a RuPay-powered digital debit card.With the PPB Digital debit card, customers will now be able to
transact at all merchants who accept credit and debit cards. Existing Paytm users need to complete a KYC
process to become an account holder with PPB. Following this, they will be issued a free digital RuPay card.
Useful Info
NPCI - National Payments Corporation of India
Paytm founder - Vijay Shekhar Sharma
Ten MoUs have been signed between India and Belarus
Prime Minister Narendra Modi met Belarus President Aleksandr Grigoryevich Lukashenko in New Delhi and
discussed various issues of mutual interest of both countries. A number of agreements were signed in several
areas after the talks. Mr. Lukashenko‘s visit was significant as it took place in a year when Belarus and India
are celebrating the 25th anniversary of the establishment of diplomatic relations.
Following are the 10 Agreements/MoUs were signed:
MoU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Education
of the Republic of Belarus
MoU between the Ministry of Skill Development and Entrepreneurship of the Government of the Republic of
India and the Ministry of Education of the Government of the Republic of Belarus for Cooperation in the Field
of Vocational Education and Training
Agreement on Scientific and Technical Cooperation between Indian National Science Academy (INSA) and
the National Academy of Sciences of Belarus
MoU between Indian Council of Agricultural Research, India and Belarusian State Agricultural Academy,
Gorki, Belarus for Cooperation in Agricultural Research and Education
Protocol amending the Agreement between the Ministry of Agriculture & Farmer‘s Welfare of the Republic of
India and the Ministry of Agriculture and Food of the Republic of Belarus signed on April 16, 2007
Programme of cooperation between the Government of Republic of India and the Government of Republic of
Belarus in the field of culture for 2018-2020
MoU between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and
Chemistry in the Oil and Gas Sector
MoU between JSV "Belzarubezhstroy‖ and National Buildings Construction Corporation Ltd.
MoU between JSC Belarusian Potash Company (BPC) and Indian Potash Ltd (IPL)
Agreement on the implementation of MoU signed between OJSC Minsk Tractor Works and Kirloskar Oil
Engines Ltd. India in Pune
Useful Info
Country – Belarus
Capital – Minsk
Currency – Belarusian Ruble
Payment gateway provider PayU has announced its collaborations with the IRCTC
Payment gateway provider PayU has announced its collaborations with the IRCTC to provide users a safe
and secure option to pay for rail tickets booked via the IRCTC website. PayU will now be available as a
payment option under the Multiple Payment Services (MPS) option on the IRCTC website at the payment
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
167
stage of booking an e- ticket. Clicking on this option will enable users to make a safe and secure transaction via
various payment options like internet banking, debit/credit card and e-wallet.
Useful Info
Union Minister for Railways – Piyush Goyal
Constituency – Rajya Sabha, Maharashtra
Bharti Airtel and SK Telecom of Korea have announced a strategic partnership
Telecom services provider, Bharti Airtel and SK Telecom of Korea have announced a strategic partnership
under which Airtel will leverage the latter's expertise to build advanced telecom network in India. SK Telecom
is Korea‘s largest telecommunications company with more than 29 million mobile subscribers, which accounts
for around 50 percent of the total market. The two companies will also collaborate on an ongoing basis to
evolve standards for 5G and Network Functions Virtualisation (NFV).
Useful Info
Bharti Airtel is Headquartered in New Delhi.
Gopal Vittal is the MD & CEO (India and South Asia) of Bharti Airtel
Hongkong and Shanghai Banking Corporation (HSBC)Ties-up With Sa-Dhan
Hongkong and Shanghai Banking Corporation (HSBC) has entered into an agreement with microfinance
industry association Sa-Dhan to develop digital ecosystem for India's unbanked segment. The bank will
provide technical expertise to train and educate microfinance consumers at the grassroots level and introduce
digital banking to promote easier and time-efficient financial transaction among the so-called bottom-of-the-
pyramid customer.
Useful Info
HSBC - Hongkong and Shanghai Banking Corporation
Headquarters of HSBC – London
Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) has signed an MoU
Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) has signed an MoU for automatic
and regular exchange of information to curb the menace of shell companies, money laundering and black
money in the country. The MoU will enable sharing of specific information such as PAN number data in
respect of corporates, Income Tax returns of corporates, financial statements filed with the Registrar by
corporates, audit reports, and statements of financial transactions received from banks relating to corporates.
Useful Info
Union Minister for corporate affairs – Arun Jaitley
Constituency – Gujarat, Rajya Sabha
Sushil Chandra is the Chairman of CBDT
Force Motors, Rolls-Royce Power Tie up
Pune-based auto firm Force Motors Ltd has entered into a non-binding joint venture agreement with
Rolls-Royce Power Systems AG to produce engines for power generation and rail application and complete
power generation systems, including spare parts, for Indian and global markets. The joint venture with Rolls-
Royce will be the company‘s first step towards diversifying into the non-auto segment. In the joint venture,
Force Motors will hold a 51% stake and Rolls-Royce the rest.
Useful Info
Rolls-Royce is a luxury car and aero engine manufacturing company that headquarters in United Kingdom.
Country – United Kingdom
Capital – London
Currency – Pound Sterling
India signed a loan deal worth $76 million with Japan
The Government of India signed a loan deal worth $76 million with Japan International Cooperation
Agency (JICA) for a project to upgrade the environment management plan at Alang-Sosiya ship recycling
yards. The total cost of the project will be $ 111 million, out of which $76 million will be provided as a soft
loan from JICA. Out of the remaining amount, $25 million as taxes and fees will be borne by Government of
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
168
Gujarat and the balance $10 million will be shared by Ministry of Shipping & Government of Gujarat. The
project will be executed by Gujarat Maritime Board (GMB) and is likely to be completed by 2022.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
India and Japan signed an Open Sky agreement to operate unlimited number of flights between the two
countries
India and Japan signed an agreement that will allow their airlines to operate unlimited number of flights
between the two countries. It opens skies between India and Japan ie. Indian and Japanese carriers can mount
now unlimited number of flights to the selected cities of each other's countries. The National Civil Aviation
Policy, 2016, allows the government to enter into an 'open sky' air services agreement on a reciprocal basis
with SAARC nations as well as countries beyond a 5,000 kilometre radius from New Delhi.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
Amazon Ties up With Bank of Baroda To Offer Micro-Loans To Sellers
Amazon has tied up with Bank of Baroda for the loans, which can go up to Rs. 25 lakh. The Indian arm of
the US e-commerce giant, Amazon plans to provide unsecured micro-loans, as low as 1 lakh, at interest rates as
low as 10.45-11 per cent at a short span of 3-5 days. With the Bank of Baroda tie-up, the company wants to
cater to every strata of sellers.
Useful Info
Amazon HQ – Seattle, Washington, United States
Bank of Baroda HQ – Vadodara
Tagline of Bank of Baroda – India‘s International Bank
Ola Ties Up With Karnataka Tourism Dept
In line with United Nations‘ theme for this year‘s World Tourism Day, cab aggregator Ola kicked off a
tourism campaign in the state. The campaign is being carried out in association with Karnataka State Tourism
Development Corporation to promote and raise awareness about responsible tourism named
“GhoomoResponsibly”. Tourism and IT-BT Minister Priyank M. Kharge flagged off this campaign in
Bangalore.
Useful Info
State – Karnataka
Capital – Bengaluru
CM – Siddaramaiah
Governor – Vajubhai Rudabhai Vala
CEO of Ola - Bhavish Aggarwal
Tata Steel, Thyssenkrupp Sign MoU for European Steel JV
Tata Steel and Thyssenkrupp of Germany have signed a Memorandum of Understanding (MoU) in a deal
that is poised to create one of Europe's largest steel companies. The two partners have been in merger talks for
more than a year.They will form a 50:50 joint venture to create a powerful No. 2 in the European steel market.
The merger will lead to substantial cost savings for both steel players.
Useful Info
NatarajanChandrasekaran is the Chairman of Tata Steel.
Dr. Heinrich Hiesinger is the CEO of Thyssenkrupp.
Britain and Saudi Arabia Sign Military Cooperation Deal
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
169
Saudi Arabia and Britain signed a framework deal for military cooperation. The agreement came after Saudi
Crown Prince Mohammed bin Salman discussed security ties with visiting British Defence Secretary
Michael Fallon in the Red Sea port city of Jeddah. The agreement comes as Britain seeks to explore lucrative
trade deals outside Europe, including energy-rich Gulf monarchies, after voting to leave the European Union.
Useful Info
Country – Saudi Arabia
Capital – Riyadh
Currency – Saudi riyal
Dabur India Ties Up with Amazon for Ayurveda Marketplace
Dabur India has tied up with e-commerce major Amazon for an online ayurveda marketplace which will
house all ayurvedic brands and products of the country. The company will also offer consumers an insight into
various ayurvedic medicines for treating a variety of ailments. The exclusive ayurveda e-marketplace has been
hosted by Amazon India and the content is developed by Dabur India.
Useful Info
Amazon HQ – Seattle, Washington, United States
Founder of Amazon - Jeff Bezos
Maharashtra governmenthas signed aMoU with South Korea
The Maharashtra government has signed a MoU with South Korea for increased co-operation in
infrastructure projects like development of smart cities, roads, airports and metros on the first day of Chief
Minister Devendra Fadnavis‘ visit to that country. This MoU is to help with implementation strategy, legal
systems, policies, technologies and information in infrastructure development. Fadnavis embarked on a three-
day tour to South Korea and Singapore.
Useful Info
Country – South Korea
Capital – Seoul
Currency – South Korean Won
Russia, US Partner to Build 1st Ever Space Station Near Moon
Russian and US space agencies, Roscosmos and NASA, have agreed to jointly build a "deep space
gateway", the first-ever astronaut-tended space station around the Moon. The gateway would help prepare
for manned missions to deep space destinations including Mars. NASA and Roscosmos are two of the major
partners in the $100-billion Earth-orbiting International Space Station (ISS). Following in the footsteps of
the International Space Station, the moon ship would be open to astronauts and cosmonauts from around the
world.
Useful Info
Roscosmos – Russian Space Agency
NASA – American Space Agency
Country – Russia
Capital – Moscow
Currency – Russian Ruble
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
Air India has tied up with public sector lender PNB and private lender IndusInd Bank
Air India has tied up with public sector lender PNB and private lender IndusInd Bank to secure loans to
the tune of over Rs 3,000 crore for meeting working capital requirements. Recently, the disinvestment-bound
Air India had floated tenders for availing Govt. guarantee backed INR short-term loans totalling up to Rs 3,250
crore in the first phase to meet its urgent working capital.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
170
PNB – Punjab National Bank
Headquarters of PNB – New Delhi
Chairman and Managing Director of Air India Ltd - Rajiv Bansal
India and Norway have extended bilateral cooperation in the health sector
India and Norway have extended bilateral cooperation in the health sector through the Norway-India
Partnership Initiative for a period of three years starting 2018. A letter of Intent was signed to this effect in
New Delhi between the Union Ministry of Health and Family Welfare and the Norwegian Ministry of Foreign
Affairs. The Partnership Initiative now extends to Jammu and Kashmir and four other States- Bihar, Odisha,
Madhya Pradesh and Rajasthan are already covered under it.
Useful Info
Country – Norway
Capital – Oslo
Currency – Norwegian krone
Telecom equipment and solutions provider VNL has signed an MoU with BSNL
Telecom equipment and solutions provider VNL has signed an MoU with BSNL to provide solutions for
disaster management. The 'Relief 123' service will restore connectivity at disaster sites, help locate the
affected and integrate information across platforms to enable informed decision-making for quick relief. The
service is an integrated disaster response solution for first responders and public safety agencies. The solution
is designed and manufactured by VNL and the backhaul connectivity will be provided by BSNL.
Useful Info
Chairman & Managing Director of BSNL - Anupam Shrivastava
Bharat Sanchar Nigam Limited (BSNL) has signed an MoU with Chinese gear maker ZTE
Bharat Sanchar Nigam Limited (BSNL) has signed a memorandum of understanding (MoU) with
Chinese gear maker ZTE. Both the parties will work together and prove key technologies like Pre5G and 5G
wireless systems to make virtual network architecture of a 5G ecosystem for research and commercialization in
India.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
President – Xi Jinping
Aeris Communications partners BSNL for IOT solutions
Aeris Communications has entered into a partnership with Bharat Sanchar Nigam Limited (BSNL) to
provide packaged Internet of Things (IoT) solutions and services to small, medium businesses and public
sector undertakings (PSUs) in India. The company will leverage BSNL's wide network coverage, to provide a
comprehensive, end-to-end IoT services platform for enterprises, original equipment manufacturers (OEMs)
and service providers.
Useful Info
Chairman & Managing Director of BSNL - Anupam Shrivastava
President of Aeris Communications India - Rishi Bhatnagar
India, US, Afghanistan Join Hands for 1st Trade Show in Delhi
For the first time, India, US and Afghanistan will hold a joint trade and investment show in Delhi, as New
Delhi steps up to its role of being a bigger development partner to Afghanistan. The trade event, sponsored by
the US and hosted by India, will be inaugurated by Afghan CEO Dr Abdullah. Abdullah's visit will follow
the first visit to India by US defence secretary James Mattis who will be holding high level talks with India
on the Trump Administration's new South Asia policy.
Useful Info
Country – Afghanistan, Kabul, Afghan afghani
Country – United States of America, Washington D.C, US Dollar
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
171
Union Minister of External Affairs – Sushma Swaraj
Constituency – Vidisha, Madhya Pradesh
Yatra Partners OYO to Expand Hotel Inventory
Yatra Online Inc has tied up with OYO to bring the hospitality firm's inventory on its platform. The
partnership brings OYO's inventory onto an online travel agent platform and with this Yatra's total hotel
inventory will expand to over 70,000 hotels in India.
Useful Info
Co-founder and CEO of Yatra.com - Dhruv Shringi
Founder and CEO of OYO - Ritesh Agarwal
MobiKwik, IRCTC Rail Connect Partner for Ticket Bookings
Digital payments firm MobiKwik announced its partnership with IRCTC Rail connect app, which will
allow customers book railway tickets using the former‘s payment gateway. Mobikwik‘s Payment Gateway
currently powers payments for more than 3,000 e-commerce websites and apps. The tie-up is aimed at
simplifying payment systems by introducing MobiKwik‘s easy-to-use interface for all, which supports payment
solution through channels like debit card, credit card, net Banking, ATM Cards and Wallets.
Useful Info
Union Minister for Railways – Piyush Goyal
Constituency – Maharashtra, Rajya Sabha
Chairman & Managing Director of IRCTC - M. P. Mall
Bangladesh Signs $4.5-bn Loan Deal With India
Bangladesh signed a $4.5 billion third line of credit (LoC) agreement with India for its infrastructure and
social sector development. The agreement was signed in the presence of Finance Minister Arun Jaitley and his
Bangladeshi counterpart A M A Muhith. Economic Relations Division Secretary Kazi Shofiqul Azam signed
the deal on behalf of Bangladesh while Managing Director of the Export-Import Bank of India (Exim)
David Rasquinha signed for India. Under the agreement, Bangladesh would have to purchase 65 to 75 percent
of the services, goods or works from the Indian market with the money to be provided under the third LoC
following the precedence of the previous two nearly identical agreements.
Useful Info
Country – Bangladesh
Capital – Dhaka
Currency - Bangladeshi taka
HDFC Life, Apollo Munich Team up for Dual Cover
HDFC Life Insurance and Apollo Munich Health have come together to launch „Click2Protect Health
plan‟, which provides both life and health cover under a single plan. This plan combines the benefits of HDFC
Life‟s „Click2Protect 3D Plus (term) protection plan‟ and Apollo Munich‟s „Optima Restore health
indemnity plan‟. The features of the product include waiver of future premiums on account of accidental total
permanent disability or on diagnosis of critical illness; and special premium rates for women and non-tobacco
users.
Useful Info
HDFC Bank Headquarters – Mumbai
CEO of HDFC Bank - Aditya Puri
Vijaya Bank Inks MoU with HPCL for Digital Payments
Vijaya Bank has entered into an MoU with Hindustan Petroleum Corporation Ltd (HPCL) for enabling all
HPCL retail outlets with BHIM/UPI merchant solutions. This rollout will empower all petrol pump
attendants and LPG delivery personnel to accept digital payments. Customers can make payments by scanning
a payment QR code, using BHIM Vijaya or any BHIM app that supports payments via UPI. Both Vijaya Bank
and HPCL have inked the pact in line with the GOI initiative to encourage digital payments, especially
BHIM/UPI.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
172
Vijaya Bank Headquarters – Bengaluru
MD and CEO of Vijaya Bank - R A Sankaranarayanan
India, EIB Ink Pact for Financing Bangalore Metro Rail Project
India and European Investment Bank (EIB) signed the finance contract for lending of 300 million euros
(about Rs 2,293 crore) for Bangalore Metro Rail Project phase-II. Bangalore Metro Rail Project Phase II is
to be jointly financed by the EIB (500 million euros) and Asian Infrastructure Investment Bank (300 million
euros). The project relates to extension of East-West and North-South lines for Bangalore Metro Rail which
includes a total length of 72.095 km (13.79 km underground) and 61 stations with 12 underground stations. The
project implementation period is 5 years from date of commencement.
Useful Info
EIB - European Investment Bank
Headquarters of EIB – Luxembourg
President of European Investment Bank - Werner Hoyer
Arunachal Pradesh, Meghalaya, and UP Sign MoU to Boost Culture and Tourism
An MoU was signed by Uttar Pradesh, Arunachal Pradesh and Meghalaya under the „Ek Bharat, Shrestha
Bharat‟ program, to boost cultural ties. Under the program, the states will connect with each other to know
more about the culture, heritage and traditions of each other. The programme aims at actively enhancing
interaction between people of diverse cultures living in different states and union territories, with the objective
of promoting greater mutual understanding among them.
Useful Info
Arunachal Pradesh – Itanagar, CM - Pema Khandu, Governor - Brigadier BD Mishra (Retd)
Meghalaya – Shillong, CM - Mukul Sangma, Governor - Ganga Prasad
Uttar Pradesh – Lucknow, CM – Yogi Adityanath, Governor – Ram Naik
India and Ethiopia has signed agreements on trade, communication and media
India and Ethiopia has signed agreements on trade, communication and media to boost bilateral ties. The
agreements were signed after wide-ranging talks between President Ram Nath Kovind and his Ethiopian
counterpart Mulatu Teshome at Addis Ababa in Ethiopia. The two leaders discussed economic relations
between the two countries and also support to Ethiopia in the power healthcare, and education sectors. The
President also thanked Ethiopia for its participation in the International Solar Alliance (ISA), established in
2015.
Useful Info
Country – Ethiopia
Capital – Addis Ababa
Currency - Ethiopian Birr
Reliance Commercial Finance Inks Agreement with IREDA for Rs 300 cr Loan
Reliance Commercial Finance Ltd has signed an agreement with Indian Renewable Energy Development
Agency Ltd (IREDA) for Rs.300 crore loan, in Mumbai. RCFL finances wind and solar energy projects
besides providing assistance for developing infrastructure and projects in renewable energy space backed by
the government.
Useful Info
Executive Director and CEO of Reliance Commercial Finance - Devang Mody
Chairman and Managing Director (CMD) of IREDA - KS Popli
IIT Kharagpur Signs MoU with Samsung for Digital Academy
IIT-Kharagpur has signed a Memorandum of Understanding (MoU) with Samsung India for the setting
up of a digital academy on the institute‘s campus. The Department of Computer Science and Engineering in
the institute will host the Samsung Innovation Lab and train students on the Internet of Things (IoT) through
Tizen-based operating systems, commonly used by the company for its mobile phones and home appliances.
Useful Info
Samsung is an electronics company based in South Korea.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
173
Vice Chairman & CEO of Samsung Electronics - Dr Oh-Hyun Kwon
Visa has tied up with the Andhra Pradesh government for Digital Dhan Sankalp project
Visa has tied up with the Andhra Pradesh government for Digital Dhan Sankalp project. It is an initiative
to develop Visakhapatnam into India‟s first „less cash‟ city. The e-transformation of large state-owned
service providers of the state into digital payments mode under the Vizag Digital Dhan Sankalp (VDDS)
project is now accessible to over 90 percent of the city‘s two million-strong population.
Useful Info
State – Andhra Pradesh
Capital – Amaravati
CM – Chandrababu Naidu
Governor - E.S Lakshmi Narasimhan
LG India Ties up with Bajaj Finserv
Consumer Electronics major LG Electronics India announced the launch of an exclusive OEM co-branded
card in partnership with Bajaj Finserv. As per the company, the co-branded card will enable customers to buy
all LG products at no-cost EMI option across all LG formats. It will be available to customers buying LG
products on a minimum invoice amount of Rs 7,000 and maximum of up to Rs 2 lakh.
Useful Info
LG - South Korean Electronics Company
MD of LG Electronics India - Kim Ki Wan
Amazon, Microsoft Ties up to Launch Deep Learning Platform
Amazon Web Services (AWS) and Microsoft have teamed up to launch an open-source and deep learning
interface 'Gluon' that will help developers to deploy machine learning models across several platforms. The
interface would give developers a place where they can prototype, build, train and deploy machine learning
models.
Useful Info
CEO of Microsoft - Satya Nadella
Odisha Government Department Signs MOU with SBI
The Odisha government's Directorate of Treasuries and Inspection and the State Bank of India have
signed an MOU for integration of SBI e-Pay with the cyber treasury. The MoU is a landmark initiative by the
state government to facilitate revenue collection from citizens through digital banking platform. The SBI e-Pay
is the payment aggregator service wing of the bank which will facilitate on line payment of government dues
by the customers of any public/ private sector banks by using the payment gateway of SBI.
Useful Info
State – Odisha
Capital – Bhubaneswar
CM – Naveen Patnaik
Governor – Senayangba Chubatoshi Jamir
SBI headquarters - Mumbai, Maharashtra
Present Chairman of SBI - Rajnish Kumar
SUMMIT AND CONFERENCE
17th meeting of GST Council underway in New Delhi
The 17th meeting of the Goods and Services Tax (GST) Council chaired by Finance Minister ArunJaitley, is
underway in New Delhi to finalise tax rates on lottery as well as rules relating to e-way bill and anti-
profiteering measures.The agenda includes approval of draft GST Rules and related Forms for advance ruling,
assessment and audit.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
174
ArunJaitley – Minister of finance and corporate affairs, Minister of Defence (additional Charge)
Constituency – Gujarat (RajyaSabha)
Home Minister Rajnath Singh inaugurated a conference on "Capacity Building of SDRF-2017" in New
Delhi
Home Minister Rajnath Singh inaugurated a two-day national level conference on "Capacity Building of
SDRF-2017" in New Delhi. The conference was organized by the National Disaster Response Force (NDRF),
holded discussions to develop a synergy and to highlight the way ahead to strengthen the response capabilities
of State Disaster Response Forces (SDRF).
Useful Info
NDRF - National Disaster Response Force
HQ – New Delhi
Director General - R K Pachnanda
2nd National Health Editors' Conference on Yoga in New delhi
The second National Health Editors‘ Conference on Yogahas begun in New Delhi. The conference aimed at
giving insight to the journalists about the scientific aspects of yoga and its benefits for health. The theme of the
conference is 'Yoga for Health and Harmony'. Eminent experts of yoga and modern medicine present
highlights from recent research work on aspects of yoga.
Useful Info
Minister of state (independent charge) for AYUSH –ShripadYessoNaik
Constituency – North Goa
AYUSH - Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy
The first meeting of the Japan-India Coordination Forum (JICF) for Development of North-Eastern Region
was held in New Delhi
The first meeting of the Japan-India Coordination Forum (JICF) for Development of North-Eastern Region was
held in New Delhi. The Japanese delegation was led by the Japanese Ambassador to India, Mr. Kenji
Hiramatsu while Secretary, Ministry of Development of North-Eastern Region (DoNER), Shri Naveen Verma
led the Indian side.
Useful Info
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
8th meeting of Regional Technical Group on Trade, Commerce and Investment CBM of the Heart of Asia –
Istanbul Process held in New Delhi
The eighth meeting of the Regional Technical Group of Confidence Building Measure on Trade, Commerce &
Investment Opportunities under the Heart of Asia – Istanbul Process was hosted by India in New Delhi.The
meeting was co-chaired by the Acting Director General, Economic Cooperation Department, Ministry of
Foreign Affairs of Afghanistan, Mr. Hassan Soroosh, and Joint Secretary, Ministry of External Affairs, Dr.
Deepak Mittal and attended by representatives of 17 participating countries and supporting international
organisations, including Azerbaijan, Iran, Kyrgyzstan, Pakistan, Russia, Tajikistan, Turkey,
Turkmenistan, UAE, Australia, Egypt, Germany, the UK, the US, the EU and the UN.
Useful Info
Country – Turkey
Capital – Istanbul
Currency – Turkish Lira
India to Host Next Steering Committee Meeting of TAPI Gas Pipeline
India (New Delhi) will host the next steering committee meeting of the proposed 1,814 kilometre-long
Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline senior officials on both sides confirmed.
The decision came during the sixth joint Inter-Governmental Committee (IGC) meeting on trade, economic,
scientific and technological cooperation.The meeting was followed by a meeting between visiting Deputy
Prime Minister and Foreign Minister of Turkmenistan Rashid Meredov and Minister of State for Petroleum and
Natural Gas DharmendraPradhan.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
175
TAPI - Turkmenistan-Afghanistan-Pakistan-India
TAPI natural gas pipeline being developed by the Asian Development Bank (ADB).
Minister of State for Petroleum and Natural Gas - DharmendraPradhan
Constituency – Bihar, RajyaSabha
Asian Development Bank HQ – Mandaluyong, Metro Manila, Philippines
President of ADB - TakehikoNakao
India, EU to Hold 14th Summit Talks in New Delhi
President of European Council, Donald Franciszek Tusk and President of the European Commission, Jean-
Claude Juncker will be on a three-day visit to India to hold the 14th India-EU Summit on 6th of next
month in New Delhi. The summit aims at deepening the India-EU Strategic Partnership and advance
collaboration in priority areas for India‘s growth and development. During their visit starting from 5th of
October, they will also attend India-EU Business event on the sidelines of the summit.
Useful Info
CM of New Delhi – Arvind Kejriwal
Governor – Anil Baijal
International Conference on Dialogue of Civilizations – IV
The Archaeological Survey of India (ASI), Ministry of Culture is hosting an international conference on
“Dialogue of Civilizations – IV” from 8th to 15th October 2017 at Delhi, Gandhinagar and Dholavira. This
conference is fourth in this series of ‗dialogues‘ initiated by National Geographic Society in 2013. The
objective of the conference is to encourage scholarly and public discourse about the five ancient, literate
civilizations of the world, i.e. Egypt, Mesopotamia, South Asia, China and Mesoamerica.
Useful Info
The first conference of this series was inaugurated in Guatemala in 2013 followed by Turkey in 2014 and
China in 2015.
Prof. B.B. Lal is a Padma Bhushan awardee on ‗Harappan Civilization‘, which introduced the earliest
civilization of South Asia to the scholars working on other ancient civilizations.
First Meeting of India-Australia Joint Steering Committee Held
The First Meeting of India-Australia Joint Steering Committee was held in New Delhi. Shri TVSN Prasad,
Additional Secretary, Ministry of Home Affairs and Mr. Stephen Bouwhuis, First Assistant Secretary,
International and Auscheck Division, Criminal Justice Group, Attorney-General's Department led the
respective delegations. This meeting was a follow-up to the MoU on Cooperation in Combating International
Terrorism and Transnational Organized Crime exchanged between the two sides during the visit of Australian
Prime Minister Mr. Malcolm Turnbull to New Delhi in April 2016.
PM Modi‟s Economic Advisory Council Holds its First Meeting
The recently constituted Economic Advisory Council to the Prime Minister (EAC-PM) held its first meeting
in New Delhi to deliberate upon and lay out a roadmap to give a leg up to the Indian economy in the short term
after GDP growth for the first quarter fell to a three-year low of 5.7%. The EAC-PM is chaired by Dr. Bibey
Debroy. Key issues for the discussion include ways to boost consumer demand, attract private investments and
measures to incentivize job creation in the country, people familiar with the agenda said.
Useful Info
Present PM of India – Narendra Modi
Union Minister for Finance – Arun Jaitley
BILLS AND AMENDMENTS
The Union Ministry of Law and Justice has cleared the kambala bill
The Union Ministry of Law and Justice has cleared the Prevention of Cruelty to Animals (Karnataka
Amendment) Bill 2017,legalizingkambala, the traditional slush track buffalo race.
Useful Info
Kambala – Traditional slush track buffalo race
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
176
State – Karnataka
Capital – Bengaluru
CM –Siddaramaiah
Governor –Vajubhai R. Vala
The LokSabha has passed The Right of Children to Free and Compulsory Education (Amendment) Bill,
2017
The LokSabha has passed The Right of Children to Free and Compulsory Education (Amendment) Bill, 2017.
This Bill amends the Right of Children to Free and Compulsory Education Act (RTE), 2009 to extend the
deadline for teachers to acquire the prescribed minimum qualifications for appointment.
PM NarendraModi-led cabinet cleared the New Wage Code Bill
PM NarendraModi-led cabinet cleared the New Wage Code Bill which will ensure minimum wage to 4 crore
employees across all sectors. The new minimum wage norms would be applicable irrespective of the pay
whereas it's presently applicable to workers getting up to 18,000 rupees monthly.
Supreme Court ordered No renewal of Insurance for vehicles without pollution under control (PUC)
certificate
The Supreme Court has issued a set of directions including that insurance companies will not renew insurance
of a vehicle unless the owner provides pollution under control (PUC) certificate.The court has considered the
suggestions given by Environment Pollution Control Authority (EPCA).
Useful Info
1st CJI – H. J. Kania
Present & 44th
CJI - Jagdish Singh Khehar
Upcoming & 45th
CJI – DipakMisra
MOBILE APPS AND WEB PORTALS
MyCall a new app launched by TRAI for users to rate their call quality
Telecom regulator TRAI introduced a newapp — MyCall — that enablessubscribers to rate thequality of a
phone call. After acall ends, a pop-up willappear requesting the user torate the call.Two more apps launched
by TRAI isMyspeed App and Do Not Disturb.
Useful Info
TRAI – Telecom Regulatory Authority of India
HQ - New Delhi
Chairman –R.S.Sharma
The President of India, ShriPranab Mukherjee launched a mobile Application „Selfie with Daughter‟ at
RashtrapatiBhavan:
Selfie-with-Daughter has become a world-wide movement against female foeticide and sex selection.The
‗Selfie with Daughter‟ campaign was started by Shri Sunil Jaglan in June 2015 in village Bibipur, Jind,
Haryana.A former Sarpanch, ShriJaglan has been working in the field of women empowerment and village
development.
A new Mobile App “Celebrating Yoga” has been launched by Dr. Harshvardhan
Minister for Science & Technology Dr. Harshvardhan launched a Mobile App ―Celebrating Yoga‖ developed
by Ministry of Science & Technology in New Delhi. The Mobile App has been developed by DST on the
occasion of International Yoga Day (21 June) 2017. The App ―Celebrating Yoga" can be downloaded from
Google Play Store.
Useful Info
Minister of Science & Technology, Earth Science– Dr. Harshvardhan
Constituency –ChandniChowk (Delhi)
MeitY launches Web Portal for smooth GST implementation
In order to ensure smooth GST implementation from 1st July, the Ministry of Electronics and Information
Technology has launched a dedicated Webpage for facilitating taxpayers with regard to addressing issues
related to Information Technology Services and Electronics goods.Webpage can be accessed through
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
177
Ministry‘s Web Portal www.meity.gov.in Individuals, Companies and Entrepreneurs in IT and Electronics
sector can visit the webpage for sector-specific information.
Useful Info
Cabinet Minister for Electronics & Information technology – Ravi Shankar Prasad
Constituency – Bihar (RajyaSabha)
Unique Identification Authority of India (UIDAI) has launched mAadhaar app for mobile
UIDAI, which issues Aadhaar numbers, has launched mAadhaar app for mobile users that will allow users to
carry unique identification profile on mobile. A user can download Aadhaar number profile through their
smartphones and will therefore not require hard copies of the card, wherever applicable. It allows users to carry
their Aadhaar demographic information, i.e. name, date of birth, gender, address and the photograph linked
with their Aadhaar number, on their smartphones.
Useful Info
UIDAI - Unique Identification Authority of India
Chairman of UIDAI (Part Time) - J Satyanarayana
The Unique Identification Authority of India (UIDAI) is a statutory authority established on 12 July 2016 by
the Government of India under the Ministry of Electronics and Information Technology, under the provisions
of the Aadhaar Act 2016.
Union Government has launched the Mobile App for Road Maintenance “Aarambh”
Union Minister - Shri Narendra Singh Tomarand Deputy Director General (Policy) of International Labour
Organization (ILO) Ms. Deborah Greenfield have launched the Mobile App for Road Maintenance ―Aarambh‖.
This Mobile Phone App aims at the use of GIS based mapping for making road inventories, condition surveys,
and producing cost estimates and other relevant data for preparation and monitoring of annual road
maintenance plans. In addition, Tomar and Greenfield also launched a Concept Note and Guidance Note for
Mobilizing Funds for Maintenance of Rural Road. The Concept Note outlines innovative ways, which can be
adopted by the State Governments for mobilizing additional funds for road maintenance.
Useful Info
Union Minister for rural development, Panchayati raj, drinking water & Sanitation – Uma Bharati
Constituency – Jhansi, Uttar Pradesh
ILO - International Labour Organization
Headquarters of ILO - Geneva, Switzerland
Director-General of ILO - Guy Ryder
Microsoft has officially launched „Kaizala‟ app
Technology giant Microsoft has officially launched ‗Kaizala‘, a productivity app that has been designed to
enhance the collaboration and communication experience for Indian enterprises. The ‗Made for India‘ app is
designed for large group communications and work management and works even on 2G networks. The product
will make it possible for organizations to interact with people within the organization as well as outside like
partners and vendors in a seamless manner.
Useful Info
Microsoft HQ – Redmond, Washington, United States
CEO - SatyaNadella
Union Minister of Science & Technology Dr. Harshvardhan launched an app “India Quake”
Union Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change, Dr.
Harshvardhan launched an app ―India Quake‖ for Earthquake Parameter Dissemination on the occasion of
Foundation Day of Ministry of Earth Sciences. The App will make information dissemination faster with no
restrictions on the number of recipients. Any citizen can download this App and get the real time earthquake
location information on his/her mobile.
Useful Info
Earthquake is measured by Seismograph
Earthquake unit of measurement – Richter Scale
Richter Scale was developed by a seismologist named Conrad Richter
Harshvardhan launched an app “SagarVani” on the occasion of Foundation Day of Ministry of Earth
Sciences
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
178
Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change, Dr.
Harshvardhan launched an app ―SagarVani‖ on the occasion of Foundation Day of Ministry of Earth Sciences.
‗SagarVani‘ has been launched to disseminate ocean related information and alerts to the user community in
timely manner for their safety.
Useful Info
Union Minister of Science & Technology, Earth Sciences and Environment, Forests & Climate Change - Dr.
Harshvardhan
Constituency – ChandniChowk (Delhi)
Ministry of Earth Sciences foundation day is celebrated on 27th July of every year
Google has launched 'Hire', a recruiting app for small- and medium-sized businesses
Google has launched 'Hire', a recruiting app for small- and medium-sized businesses that also integrates
seamlessly with G Suite. It is an move to compete with Microsoft-owned LinkedIn. "Hire makes it easy to
identify talent, build strong candidate relationships and efficiently manage the interview process end-to-end".
Useful Info
Google HQ – Mountain View, California, United States
CEO – SundarPichai
Centre has launched an app – GST Rates Finder to verify the accurate tax rate on commodity and services
under the GST
Centre has launched an app – GST Rates Finder to verify the accurate tax rate on commodity and services
under the Goods and Services Tax (GST) regime. Finance Minister ArunJaitley launched the app in New Delhi.
Through this app, user can determine GST rate by entering the name of the commodity or service. The search
result will list all the Goods and Services containing the name which was typed in the search box. A taxpayer
can search for applicable CGST, SGST, UTGST rate and Compensation Cess on a supply. This mobile app can
be downloaded on any smartphone and can work in offline mode, once downloaded.
Useful Info
CGST – Central GST
SGST – State GST
UTGST – Union Territory GST
IGST – Inter-state GST
GST council is headed by Finance Minister of India Mr. ArunJaitley
First Country to introduce GST – France, 1954
NCERT launches web portal to supply Textbooks online
UpendraKushwaha, Minister of State, Ministry of Human Resource Development has launched the
NCERT‟s Web portal for supply of textbooks to schools and individuals in New Delhi.The portal will
ensure better distribution of textbooks across the country.
Useful Info
Minister of state for Human Resource Development – Satya Pal Singh
NCERT – National Council of Educational Research and Training
NarendraModi has launched a website to honour all the gallantry award winners
Prime Minister NarendraModi has launched a website to honour all the gallantry award winners since
Independence. The portal will preserve and tell the stories of bravest men and women, civilians as well as
armed forces personnel.
Useful Info
1st Prime Minister of India – Jawaharlal Nehru
1st Women Prime Minister of India - Indira Gandhi
Present Prime Minister of India - NarendraModi
National Highways Authority of India launched two mobile Apps – MyFASTag and FASTag
National Highways Authority of India launched two mobile Apps – MyFASTag and FASTagPartner in
New Delhi, to facilitate the availability of FASTags for Electronic Toll Collection.MyFASTag is a consumer
App that can be downloaded from the App Store for both Android and iOS systems. FASTag Partner is a
merchant App. Agencies like Common Services Centre, banking partners, and vehicle dealers can sell and
enroll FASTag through this App.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
179
Useful Info
Chairman of National Highway Authority of India (NHAI) - Deepak Kumar
BSNL Launches Digital Wallet Powered by MobiKwik
Bharat Sanchar Nigam Ltd (BSNL) went digital by launching a bespoke mobile wallet (mobile payment
App) that would enable its existing 100 million customers to make Bill payments. This digital wallet was
launched at an event by ManojSinha, Minister for Telecommunications in the capital.Thewallet has been
developed and issued by MobiKwik on behalf of BSNL.
Useful Info
Chairman & Managing Director of BSNL -ShriAnupamShrivastava
To help with competitive tests Maharashtra launches web portal
The Maharashtra education board has launched a web portal with online question banks to help students
prepare for competitive exams on their own. The portal, which can be accessed for free, will function as a
substitute for expensive coaching classes, board officials said. This comes after state School Education
Minister VinodTawde banned integrated coaching in Maharashtra in July.
State:Maharashtra
Capital:Mumbai
CM:DevendraFadnavis
Governor:C. VidyasagarRao
Google Tez UPI-Based Digital Payments App Launched in India
Google Tezhas become the latest UPI-based payments app in the country. The new Google Tez app can be
used to pay for movie tickets, utility bills, and make other transactions online. Tez means fast in Hindi, which
the company stated was one of the selling points of its new app. Google Tez is a standalone payments app,
available on Android and iOS, and is powered by UPI, a payments protocol built by government-backed
organization NPCI. The company has partnered with HDFC Bank, ICICI, and State Bank of India for backend
processing.
Useful Info
Google HQ – Mountain View, California, United States
Google CEO – SundarPitchai
Rajnath Singh has launched first Intelligence Wing of SashastraSeemaBal (SSB) and Welfare &
Rehabilitation Board (WARB) App
Union Home Minister Rajnath Singh has launched first Intelligence Wing of SashastraSeemaBal (SSB) and
Welfare & Rehabilitation Board (WARB) App in New Delhi authorized to Protect the shared borders of
India with Nepal and Bhutan. The intelligence wing will gather actionable information in a bid to enhance
operational efficiency. WARB app comprises features to facilitate retired CAPFs and Assam Rifles personnel
to get their grievances redressed, seek skill development and other relevant and important information.
Useful Info
Union Minister of Home Affairs – Rajnath Singh
Constituency – Lucknow (Uttar Pradesh)
Rajni Kant Misra is the Director General of the SashastraSeemaBal (SSB)
Government Launches Hackathon to Promote App Ideas
The Ministry of Electronics and Information Technology (MeitY) launched a nationwide
Hackathon„OpenGovDataHack‟ to support and showcase potential ideas/talent from inner India. As part of
the start-up eco-system development program, the National Informatics Centre (NIC) and the Internet and
Mobile Association of India (IAMAI) have collaborated to conduct the Hackathon at Jaipur, Chennai, Noida,
Bhubaneswar, Patna, Hyderabad and Surat.
Useful Info
Union Minister for Electronics and Information Technology – Ravi Shankar Prasad
Constituency – RajyaSabha, Bihar
Ram Vilas Paswan Launched “Electronic Negotiable Warehouse Receipt (e-NWR) System”
Shri Ram Vilas Paswan, Union Minister of Consumer Affairs, Food and Public Distribution launched the
Web Portal of Warehousing Development and Regulatory Authority (WDRA) &“Electronic Negotiable
Warehouse Receipt (e-NWR) System” in New Delhi. e-NWRs have no chances of any tempering, mutilation,
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
180
fudging, loss or damage and with no possibility of any multiple financing. These initiatives would revolutionise
the marketing of agricultural commodities and help farmers realize better price for their produce which will be
a step towards doubling the farmers‟ income by 2022 as well as Digital India mission.
Useful Info
Union Minister of Consumer Affairs, Food and Public Distribution - Ram Vilas Paswan
Constituency – Hajipur (Bihar)
Platform for Effective Enforcement for No Child Labour (PENCIL) Portal Launched
The Union Home Minister ShriRajnath Singh launched the Platform for Effective Enforcement for No Child
Labour (PENCIL) Portal at the National Conference on Child Labourorganised by the Ministry of Labour
and Employment. The PENCIL is an electronic platform that aims at involving Centre, State, District,
Governments, civil society and the general public in achieving the target of child labour free society.
ShriRajnath Singh also launched the Standing Operating Procedures (SOPs) for the enforcement of legal
framework against child labour.
Useful Info
Union Minister for Home Affairs – Rajnath Singh
Constituency – Lucknow, RajyaSabha
Minister of State for Labour and Employment (I/C) - ShriSantosh Kumar Gangwar
Constituency – Bareilly, Uttar Pradesh
Prasar Bharati launches Online Application System for AIR Auditions
Prasar Bharati Chairman A Surya Prakash has launched an online application system for music auditions
across all genres for the All India Radio. The initiative was launched on the occasion of 64th Akashvani
Sangeet Sammelan in New Delhi. It is believed that with the introduction of this facility, the aspirants who
want to apply and get themselves graded will have a better experience in terms of accessibility and availability.
Chairman NHAI Launches New Website and PMIS Mobile App
The Chairman of National Highways Authority of India Shri Deepak Kumar launched a world-class, new
multilingual website of the organization. He also launched a Project Monitoring Information System
(PMIS) Moblie App that will facilitate close, in-house monitoring of NHAI projects on a mobile phone. To
ensure timely delivery of its projects, the NHAI is now digitally monitoring them through a state-of-the-art
Project Monitoring Information System (PMIS), which has been developed in-house along with The Boston
Consulting Group.
Useful Info
Chairman of National Highways Authority of India - Shri Deepak Kumar
Union Minister of Road Transport and Highways - Nitin Gadkari
Constituency – Nagpur (Maharashtra)
Flipkart Launched Private Label MarQ for Large Appliances Category
Flipkart announced the launch of MarQ, an in-house brand in the large appliances category. MarQ is an in-
house brand of Flipkart, that sells large appliances. This has been done in a move expands Flipkart‘s self-
branded offerings on its marketplace.
Useful Info
Flipkart Headquarters – Bengaluru
Group CEO of Flipkart is Binny Bansal
CEO of Flipkart is Kalyan Krishnamurthy
DEFENCE NEWS
Second AUSINDEX naval exercise between India and Australia began in the coast of Western Australia
Indian warships began a week-long naval exercise off the coast of Western Australia. The second AUSINDEX
exercises are aimed at increasing interoperability between Australian and Indian naval forces, executing
complex naval manoeuvres.
Useful Info
Chief of the Naval Staff – Sunil Lanba
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
181
Current Chief of Australian Navy – Tim Barrett
The Indian Navy‟s first indigenously built floating dock (FDN-2) launched
The Indian Navy‘s first indigenouslybuilt floating dock(FDN-2), developed byLarsen& Toubro Ltd. (L&T),was
launched at L&T‘sshipyard in Kattupalli.The floating dock will enable dockingof all kinds of vessels,
includingNaval ships and submarines(excepting aircraftcarriers and tankers) of upto 8,000
tonnesdisplacement,with draughts of up tosevenmetres, during bothday and night.
Useful Info
Larsen and Toubro HQ – Mumbai
The Chief of the Naval Staff - Admiral Sunil Lanba
DRDO (Defence Research and Development Organisation) missile successfully test-fired
The Defence Research and Development Organisation successfully test fired an indigenously developed Quick
Reaction Surface-to-Air-Missile (QRSAM). It was flight tested from the Integrated Test Range in Chandipur,
off Odisha Coast at 11.30 a.m. This is the second test of the QRSAM. It was tested for the first time on June 4.
Useful Info
DRDO - Defence Research and Development Organisation
HQ – New Delhi
Secretary - Dr.S.Christopher
The Malabar naval exercise involving Indian, American and Japanese navies will start on July 10
The Malabar naval exercise involving Indian, American and Japanese navies will kick start on July 10 in the
Bay of Bengal. A sizeable number of aircraft, naval ships and nuclear submarines of the navies of the three
countries will be part of the annual exercise, considered a major war game in the region. The aim of the
Malabar exercise is to achieve deeper military ties and greater interoperability among the three navies in the
strategically-important Indo-Pacific region. India and the US have regularly conducted the annual exercise
since 1992.
Useful Info
Defence Minister of India – Nirmala Sitharaman
Chief Naval Officer of Indian Navy – Sunil Lamba
Pakistan has successfully test-fired short-range surface-to-surface ballistic missile 'Nasr'
Pakistan has successfully test-fired short-range surface-to-surface ballistic missile 'Nasr'. NASR is a high-
precision weapons system with the ability for quick deployment and a range of 70 kilometers, or 43.5 miles.
Pakistan Army has conducted a series of training launches and tests during the current week for validation of
new technical parameters of 'NASR' with an enhanced range of 60-70 kilometers and flight maneuverability.
Useful Info
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
Army chief of Pakistan is Gen QamarJavedBajwa
Chinese troops are headed to Djibouti to set up China's first overseas military base
Ships carrying Chinese troops are headed to Djibouti to set up China's first overseas military base in an effort
to enhance its global reach. The base will be used for peacekeeping and humanitarian aid in Africa and West
Asia, China said. However, India believes the base would become another of China's "string of pearls" of
military alliances and assets.
Useful Info
Country – Djibouti
Capital – Djibouti city
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
182
Currency – Djiboutian franc
The U.S. Navy recently tested the world's first-ever active laser weapons system
The U.S. Navy recently tested the world's first-ever active laser weapons system, which is now deployed and
ready for war. The system has special materials that release photons and at the speed of light, it silently hits an
object, burning it to a temperature of thousands of degrees. Each strike travels 50,000 times the speed of an
incoming intercontinental ballistic missile (ICBM). In the test, the system was able to destroy a drone in flight
and moving targets in the Persian Gulf. With its addition, USS Ponce becomes the first ship in the world to be
deployed with such an advanced weapons system.
Useful Info
Country – United States of America
Capital – Washington DC
Currency – US Dollar
President – Donald Trump
Vice President – Mike Pence
Chief of Naval Officer of US Navy - Admiral John Richardson
Australia and US jointly launched multimillion hypersonic missile – HIFiRE
The US and Australia have jointly test-fired a hypersonic missile capable of moving at a speed eight times
faster than sound as part of a $54-million research project. The test was part of a project called the Hypersonic
International Flight Research Experimentation Program (HIFiRE) involving the US and Australian militaries,
Queensland University, Australia‘s Defence Science and Technology Group. A hypersonic glider capable of
moving at a speed eight times faster than sound has launched from a rocket range in the town of Woomera,
South Australia.
Useful Info
Country – Australia
Capital – Canberra
Currency – Australian Dollar
PM - Malcolm Turnbull
Navy Chief Admiral Sunil Lanba had begun an eight-day-long two-nation tour of Mozambique and
Tanzania
Navy Chief Admiral Sunil Lanba had begun an eight-day-long two-nation tour of Mozambique and Tanzania
with an aim of exploring new avenues of bilateral defence cooperation. Admiral Lanba, who also heads the
powerful Chiefs of Staff Committee (COSC), will visit first Mozambique. Later on his tour, Admiral Lanba
will begin his five-day-long visit to Tanzania on July 26. He is scheduled to meet President of Tanzania John
Magufuli, Defence Minister Hussein Mwinyi and other higher delegations. India and Mozambique have a Joint
Defence Working Group (JDWG) for defence and security cooperation.
Useful Info
Country – Mozambique
Capital – Maputo
Currency – Metical
President of Mozambique - Filipe Nyusi
Country – Tanzania
Capital – Dodoma
Currency – Tanzanian Shilling
President of Tanzania - John Magufuli
US Navy commissioned world‟s largest aircraft carrier, USS Gerald R Ford
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
183
US Navy commissioned world‘s largest aircraft carrier, USS Gerald R Ford into the fleet. The commissioning
ceremony was held at Naval Station Norfolk, Virginia in presence of US President Donald Trump. USS Gerald
R. Ford is the first ship in this new class of nuclear-powered aircraft carriers for the U.S. Navy. The ship is
named after the 38th President of the United States Gerald Ford and has been built by Newport News Ship
Building Company. The massive 1,106-foot-long carrier displaces a staggering 100,000 tons fully loaded and is
powered by two new generation nuclear reactors.
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
Vice President – Mike Pence
Chief of Naval Officer of US Navy - Admiral John Richardson
Sweden is going to hold its 'first and biggest' military exercise in over 20 years
Sweden is going to hold its 'first and biggest' military exercise in over 20 years, involving all of its military
branches as well as troops from several NATO countries. The drills are aimed at strengthening Sweden's
defence capabilities and creating a "credible and visible" deterrent to warn potential enemies against the risks
of attacking Sweden.
Useful Info
NATO – North Atlantic Treaty Organization, also called the North Atlantic Alliance
HQ - Brussels, Belgium
Country – Sweden
Capital – Stockholm
Currency - Swedish krona
China and Russia held their First Joint Naval Drill in the Baltic Sea
China and Russia held their First Joint Naval Drill in the Baltic Sea. This exercise involves anti-aircraft and
anti-ship defence measures coordinated from the Baltiysk base in Russia's Kaliningrad enclave.
Useful Info
Country – Russia
Capital – Moscow
Currency – Ruble
Baltic sea – The Baltic Sea is a sea of the Atlantic Ocean, enclosed by Scandinavia, Finland, the Baltic
countries, and the North European Plain.
China opened its first overseas military base with a flag raising ceremony in Djibouti
China formally opened its first overseas military base with a flag raising ceremony in Djibouti in the Horn of
Africa, the same day as the People's Liberation Army marks its 90th birthday. Djibouti's position on the
northwestern edge of the Indian Ocean has fueled worry in India that it would become another of China's
"string of pearls" military alliances and assets ringing India, including Bangladesh, Myanmar, and Sri Lanka.
Useful Info
Country – Djibouti
Capital – Djibouti city
Currency – Djiboutian Franc
Sri Lankan Navy has commissioned an India-built state-of-the-art Advanced Offshore Patrol Vessel
(AOPV)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
184
Sri Lankan Navy has commissioned an India-built state-of-the-art Advanced Offshore Patrol Vessel
(AOPV).It is the largest vessel built by an Indian ship builder for a foreign navy. Sri Lankan President and
Armed Forces commander-in-chief MaithripalaSirisena commissioned the new patrol vessel ―SLNS Sayurala‖
at a ceremony at the Eastern Container Terminal of the Port of Colombo. SLNS Sayurala is the first-ever brand
new platform purchased from a foreign ship builder and tailored for the specific requirements of the SriLanka
Navy (SLN). It is built at the Goa Shipyard Ltd (GSL) in India.
Useful Info
Country – Sri Lanka
Capital – Colombo, Sri JayawardenepuraKotte
Currency – Sri Lankan Rupee
Indian Coast Guard Ship „Shaurya‟ was commissioned in Goa by Union Minister for Petroleum and
Natural Gas DharmendraPradhan
Indian Coast Guard ship 'Shaurya', the fifth in the series of six 105-metreOffshore Patrol Vessels (OPVs),
was commissioned in Goa by Union Minister for Petroleum and Natural Gas DharmendraPradhan. The OPV,
which draws 2,350 tonne and is propelled by 9100 kilowatt diesel engine, has been designed and built
indigenously by Goa Shipyard Ltd and is fitted with state-of-the-art navigation and communication
equipment, sensors and machineries.
Useful Info
Union Minister for Petroleum and Natural Gas - DharmendraPradhan
Constituency – Bihar, RajyaSabha
Director General of Indian Coast Guard - Rajendra Singh
Army to Get 6 Apache AH64E Attack Helicopters in Deal worth Rs 4,168 Crore
India‘s Defence acquisition council (DAC) gave the green light to a proposal to buy six Apache AH64E
attack helicopters for the army from the United States. The approval was given at a meeting of Defence
Acquisition Council (DAC) chaired by ArunJaitley.The six Apache AH64E attack helicopters along with
weapons systems from American giant Boeing at a cost of Rs 4,168 crorewill be Indian Army‘s first fleet of
attack choppers.
Useful Info
Union Defence Minister – Nirmala Sitharaman
Boeing HQ – Chicago, Illinois, United States
Central Government has approved a nearly Rs 32,000 crore plan for boosting Coast Guard capabilities
Central Government has approved a nearly Rs32,000 crore “definitive five-year action programme” for the
Indian Coast Guard to enhance its capability in maintaining vigil on coastal waters.The action plan to give a
boost to the Coast Guard in terms of infrastructure and equipment like offshore patrol vessels, interceptor
boats, helicopters, aircraft and critical operational infrastructure were cleared at a meeting chaired by Defence
Secretary Sanjay Mitra.
Useful Info
Defence Secretary Sanjay Mitra
US and South Korea began a 10-day-long annual military exercise, The Ulchi Freedom Guardian drill
The US and South Korea began a 10-day-long annual military exercise. The Ulchi Freedom Guardian
drill is a computer-simulated defensive exercise designed to enhance readiness and maintain stability on the
Korean peninsula. The Ulchi Freedom Guardian drills will be the first joint military exercise between the allies
since North Korea successfully flight-tested two intercontinental ballistic missiles in July and threatened to
bracket Guam with intermediate range ballistic missile fire in August.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
185
Country – South Korea
Capital –Seoul
Currency – South Korean won
Under project Navika Sagar Parikrama : Indian Navy‟s All women Team to Circumnavigate Globe on an
Indian-built sail boat INSV Tarini
Under project Navika Sagar Parikrama, a team of women officers of the Indian Navy would circumnavigate the
globe on an Indian-built sail boat INSV Tarini. This is the first ever Indian circumnavigation of the globe by an
all-womencrew.The project is considered essential towards promoting Ocean Sailing activities in the Navy
while depicting Government of India‘s thrust for ‗Nari Shakti‘.
Useful Info
Current Chief of the Naval Staff is Admiral Sunil Lanba.
Indian Coast Guard Training Ship Varuna Decommissioned
The Indian Coast Guard Ship Varuna, which was part of the First Training Squadron of the Navy, was
decommissioned with full armed forces honors at a ceremony. The ship had an illustrious service spanning
about 30 years. ICGS Varuna was the fourth of in its class of offshore patrol vessels built by the
Mumbai-based Mazagon Dock. The ship had numerous operational achievements to its credit, including a
record number of apprehension of smugglers with gold worth crores of rupees during the late 1980s.
Useful Info
Union Defence Minister – Nirmala Sitharaman
ICGS Varuna has now been replaced by ICGS Sarathi in the First Training Squadron of the Indian Navy
Defence Accounts Department (DAD) organized its first Synergy Conference on Defence Pensions in New
Delhi
Defence Accounts Department (DAD) organized its first Synergy Conference on Defence Pensions in New
Delhi. The objective of the conference was to obtain feedback from the pensioners that would help the
department to serve them better with constantly improving systems and procedures.
Useful Info
Union Defence Minister – Nirmala Sitharaman
Constituency – Gujarat, RajyaSabha
The panel formed to interact with the pensioners was headed by Addl. CGDA ShriUpendraSah
12th edition of India-Nepal joint military exercise- Surya Kiran XII was held at Nepal
The 12th edition of India-Nepal joint military exercise- Surya Kiran XII was held at Nepal Army Battle School
(NABS) in Saljhandi, Nepal. The 14 day exercise focused on skills required counter-terrorism and counter-
terror, forest fighting and natural disaster management operations. The Surya Kiran series of bilateral military
exercises are conducted bi-annually, alternatively in India and Nepal. It is largest exercise in terms of troop‘s
participation in series of military training exercises undertaken by India with various countries.
Useful Info
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
President - Bidhya Devi Bhandari
13th
Edition of joint military Exercise Yudh Abhyas 2017 between India & US
A joint military training, Exercise Yudh Abhyas-2017 will be conducted at Joint Base Lewis McChord,
Washington, USA from 14 to 27 September 2017 between India and the USA. Exercise YudhAbhyas is one of
the largest joint running military training and defence corporation endeavors between India and USA. This will
be the 13th edition of the joint exercise hosted alternately between the two countries.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
186
Useful Info
Country – United States of America
Capital – Washington D.C
Currency – US Dollar
President – Donald Trump
India and Japan have agreed to collaborate closely in defence production
India and Japan have agreed to collaborate closely in defence production, including on dual-use technologies.
The two countries resolved to ramp up overall military engagement under the bilateral special strategic
framework. Union Defence Minister and his Japanese counterpart Itsunori Onodera signed the agreement
during India-Japan annual defence ministerial dialogue in Tokyo. The two sides also agreed to ramp up
counter-terror cooperation, besides deepening engagement among navies, air forces and ground forces of the
two countries.
Useful Info
Union Defence Minister – NirmalaSitharaman
Constiturncy – RajyaSabha, Karnataka
Country – Japan
Capital – Tokyo
Currency – Japanese Yen
India and Sri Lanka Begin Joint Naval Exercise SLINEX 2017
Indian Navy and Sri Lankan Navy has begun the 2017 Sri Lanka-India Exercise (SLINEX) at
Visakhapatnam, Andhra Pradesh. The exercise will conclude on till 14 September 2017. SLINEX 17 aims at
reinforcing strong neighbourly ties between both countries underscored by extensive maritime interaction and
improved understanding. The exercise will commence with a Harbour Phase, during which, the participants
will engage in professional, cultural and social interactions.
Useful Info
Country – Sri Lanka
Capital – Colombo, Sri JayawardenepuraKotte
Currency – Sri Lankan Rupee
DRDO Carries Out Successful Tests of Nag Missile
India's indigenously developed third generation anti-tank guided missile (ATGM) Nag has been successfully
flight tested by Defence Research and Development Organisation (DRDO) in deserts of Rajasthan,
marking the completion of development trials. According to the defence ministry, Nag has been successfully
flight tested twice by the DRDO against two different targets in Rajasthan. The missile can hit a target up to
seven km.
Useful Info
DRDO - Defence Research and Development Organisation
Headquarters – New Delhi
Present Chairman - S Christopher
Shaheen VI: China-Pakistan Air Forces Joint Exercise
The air forces of China and Pakistan began a joint training exercise named "Shaheen VI" and deployed
their latest fighter jets and AWACS aircraft. China has dispatched J-11 fighters, JH-7 fighter-bombers, KJ-200
AWACS aircraft and ground forces including surface-to-air missile and radar troops. The exercise will run in
China. AWACS is Airborne Warning And Control System, a mobile, long-range radar surveillance and
control centre for air defence.
Useful Info
Country – China
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
187
Capital – Beijing
Currency – Renminbi (yuan)
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
Turkey Signs Deal to Buy Russian S-400 Missile Systems
Turkey has signed a deal with Russia to buy S-400 missile defence systems in its first major weapons
purchase from Moscow, according to the President of Turkey RecepTayyipErdogan. The accord for the
surface-to-air missile defence batteries is Ankara's most significant pact with a non-NATO supplier.
Useful Info
Country – Turkey
Capital – Ankara
Currency – Turkish Lira
IAF Completes Development Trials of Astra air-to-air Missile
Final development trials of indigenous beyond visual range air-to-air missile Astra were successfully
concluded into the Indian Air Force. The trials were conducted over the Bay of Bengal off Odisha coast at
Chandipur, with the missile being test-fired from a Su-30 fighter aircraft. The missile has been designed to
be capable of engaging high-speed targets at short range, up to 20 km in tail-chase mode and long range, up to
80 km in head-on chase mode.
Useful Info
DRDO – Defence Research and Development Organisation
Headquarters of DRDO – New Delhi
Chairman of DRDO - S. Christopher
Indigenous Artillery Gun Sets New World Record in Range
An indigenous artillery gun, Advanced Towed Artillery Gun System (ATAGS), being developed by the
Defence Research and Development Organisation (DRDO) has set a new world record in range by hitting
targets at a distance of 48 km. During trial firings at Pokhran ranges, ATAGS registered the longest ever
distance of 48.074 km, surpassing the maximum range of 35-40 km fired by any artillery gun system in this
category.
US Army and the Israel Defense Forces (IDF) inaugurated a permanent base In Israel
The US Army and the Israel Defense Forces (IDF) inaugurated a permanent base In Israel. This is the first
time that a permanent American base has been opened in the Middle Eastern country. The base represents the
long-standing partnership, the strategic commitment between the armies and the militaries of the United States
of America and Israel. Several dozen American soldiers will be stationed at the base in Israel‘s south.
Useful Info
Country – United States of America
Capital – Washington D. C
Currency – US Dollar
Country – Israel
Capital – Jerusalem
Currency – Israeli new shekel
US and UAE Joint Military Exercise named Iron Union 5
The US and UAE's ground forces had begun a joint military exercise in Abu Dhabi, as part of efforts to
consolidate their bilateral relations and exchange training and military expertise. Code-named Iron Union 5,
the drill is an extension of a series of Iron Claw exercises. The exercise aims to upgrade and boost the readiness
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
188
of the UAE's armed forces and to allow both armies to promote their international co-operation in joint military
operations.
Useful Info
Country – United Arab Emirates
Capital – Abu Dhabi
Currency - United Arab Emirates dirham
First Scorpene Submarine INS Kalvari Delivered to Navy
The first of the Scorpene class submarines, INS Kalvari, was delivered to the Indian Navy by Mazagon
Dock Shipbuilders Limited (MDL). The submarine will soon be commissioned into the Indian Navy.
Similarly, other Scorpene class submarines Khanderi and Karanj are undergoing trials and development. The
delivery of a submarine means that its trials are over and the navy has accepted the boat. Commissioning is a
ceremony that officially makes it part of the navy‘s fleet.
Useful Info
Union Defence Minister – NirmalaSitharaman
Constituency – RajyaSabha, Karnataka
Chief of Naval Staff of Indian Navy – Sunil Lanba
Indian Army organized Operation Sadbhavana for National Integration
The Indian Army has organized Operation Sadbhavana for National Integration. These operations
are carried out by Indian Army in Jammu & Kashmir and North East states respectively.Under this,
army undertakes various civic action programmes which aimed at winning hearts of the people and integration
of the people with the nation. The Sadbhavana tour was organised by the 109 Infantry Brigade of the Indian
Army.
Bharat Dynamics Limited (BDL) Signs Contract for Supply of MRSAM to Indian Army
Bharat Dynamics Limited (BDL) has signed a contract with Research Centre Imarat (RCI) for the supply
of Medium Range Surface-to-Air Missiles (MRSAM) to Indian Army. The contract was signed to facilitate
production, deliveries and product support of MRSAM system for the Indian Army.
Useful Info
BDL – Bharat Dynamics Limited
Headquarters of BDL - Hyderabad
CMD of BDL - V. UdayaBhaskar
INS Tarasa Commissioned into Indian Navy
INS Tarasa, a Water Jet Fast Attack Craft intended for extended coastal and offshore surveillance and
patrolling, was commissioned into the Indian Navy. Western Naval Command chief Vice Admiral
GirishLuthra has commissioned the vessel. The vessel has been built in Kolkata. It is the fourth and last of the
Water Jet FACs built by Garden Reach Shipbuilders & Engineers, Kolkata. The first two, INS Tarmugli and
INS Tihayu were commissioned in 2016 and are based in Vishakhapatnam. The third, INS Tillanchang, was
commissioned in March 2017 and is based in Karwar.
Useful Info
Union Defence Minister – NirmalaSitharaman
Constituency – RajyaSabha, Karnataka
Present Chief of Naval Staff of Indian Navy – Sunil Lanba
Integrated Defence Staff celebrates 17th Raising Day
Integrated Defence Staff Headquarters celebrated its 17th Raising Day today. To commemorate the occasion,
Chief of the IDS to the Chairman Chiefs of Staff Committee (CISC) Lt General Satish Dua paid homage to
the valiant martyrs of the Armed Forces by laying a wreath at „Amar Jawan Jyoti‟, India Gate in New Delhi.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
189
Senior officers of the Army, Navy and Air Force of the IDS were present on the occasion. A Tri Services guard
was in accompaniment. IDS Headquarters was created in October 2001 in the aftermath of „Operation
Vijay‟ in Kargil war. The main objective was to promote synergy among the three Services and to integrate
them with the Ministry of Defence.
Useful Info
Union Minister for Defence – Nirmala Sitharaman
Constituency – Rajya Sabha, Karnataka
Defence Minister to commission INS Kiltan into Indian Navy in Visakhapatnam
Defence Minister Nirmala Sitharaman has commissioned an indigenously-built anti-submarine warfare
stealth corvette INS Kiltan into the Indian Navy at the Naval Dockyard in Visakhapatnam. According to
Defence Minister, INS Kiltan strengthens India's defence system and will be a shining armour in 'Make in
India' programme as it is totally built indigenously.
Useful Info
Union Minister for Defence - Nirmala Sitharaman
Constituency – Karnataka, Rajya Sabha
Kiltan is the latest indigenous warship after Shivalik class, Kolkata class and sister ships.
Admiral Sunil Lanba is present Navy chief.
Naval Dockyard Visakhapatnam, is situated in Andhra Pradesh.
Integrated Defence Staff celebrates 17th Raising Day
Integrated Defence Staff Headquarters celebrated its 17th Raising Day today. To commemorate the occasion,
Chief of the IDS to the Chairman Chiefs of Staff Committee (CISC) Lt General Satish Dua paid homage to
the valiant martyrs of the Armed Forces by laying a wreath at „Amar Jawan Jyoti‟, India Gate in New Delhi.
Senior officers of the Army, Navy and Air Force of the IDS were present on the occasion. A Tri Services guard
was in accompaniment. IDS Headquarters was created in October 2001 in the aftermath of „Operation
Vijay‟ in Kargil war. The main objective was to promote synergy among the three Services and to integrate
them with the Ministry of Defence.
Useful Info
Union Minister for Defence – Nirmala Sitharaman
Constituency – Rajya Sabha, Karnataka
Defence Minister to commission INS Kiltan into Indian Navy in Visakhapatnam
Defence Minister Nirmala Sitharaman has commissioned an indigenously-built anti-submarine warfare
stealth corvette INS Kiltan into the Indian Navy at the Naval Dockyard in Visakhapatnam. According to
Defence Minister, INS Kiltan strengthens India's defence system and will be a shining armour in 'Make in
India' programme as it is totally built indigenously.
Useful Info
Union Minister for Defence - Nirmala Sitharaman
Constituency – Karnataka, Rajya Sabha
Kiltan is the latest indigenous warship after Shivalik class, Kolkata class and sister ships.
Admiral Sunil Lanba is present Navy chief. .
SCHEMES AND PROGRAMS
Furthering the agenda for cooperative federalism, NITI Aayog has launched SATH, a program providing
„Sustainable Action for Transforming Human capital‟ with the State Governments:
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
190
The vision of the program is to initiate transformation in the education and health sectors.The program
addresses the need expressed by many states for technical support from NITI.SATH aims to identify and build
three future ‗role model‘ states for health systems.
Organisation: NITI Aayog
Headquarters: New Delhi
CEO: Amitabh Kant
SushmaSwaraj inaugurates KIP for young overseas Indians
External Affairs Minister SushmaSwaraj inaugurated Know India Programme, KIP, for young overseas Indians
at a function in New Delhi. MrsSwaraj said, the programme is aimed at promoting awareness on different
facets of life in India and the progress made by the country in various fields such as economic and education.
Useful Info
Minister of External Affairs –SushmaSwaraj
Constituency –Vidisha, Madhya Pradesh
The Department of Science and Technology has launched the Visiting Advanced Joint Research Faculty
(VAJRA) scheme to attract Indian scientists abroad
The Department of Science and Technology (DST) under Ministry of Science and Technology has launched
the Visiting Advanced Joint Research Faculty (VAJRA) scheme in a bid to bring together the Indian scientists
abroad and India-based researchers for conducting joint researches in India. The web portal of VAJRA was
launched by Union Minister of Science and Technology Harsh VardhanIt aims to convert brain-drain into
brain-gain.
Useful Info
Minister of Science & Technology, Earth Science – Dr. Harsh Vardhan
Constituency –ChandniChowk (Delhi)
Jitendra Singh launched a new training programme called „COMMIT‟ for State Government officials
The Minister of State for Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh
launched a new training program 'Comprehensive Online Modified Modules on Induction Training'
(COMMIT) for State Government officials. COMMIT will be launched in 6 States of Assam, Haryana,
Maharashtra, Tamil Nadu, Telangana and West Bengal initially on the pilot basis during the current financial
year 2017-18 and within next year it is expected to cover all India level.
Useful Info
COMMIT - Comprehensive Online Modified Modules on Induction Training
Minister of State for Public Grievances & Pensions, Atomic Energy and Space –Jitendra Singh
Constituency –Udhampur, Jammu & Kashmir
JIGYASA, a student- scientist connect program was jointly launched by CSIR & KVS in New Delhi
Jigyasa, a student- scientist connect program was officially launched in New Delhi recently. Council of
Scientific and Industrial Research (CSIR), has joined hands with KendriyaVidyalayaSangathan (KVS) to
implement this program. MoU signing ceremony was held in the presence of Dr. Harsh Vardhan, Minister of
Science & Technology and ShriPrakashJavadekar, Minister of HRD. The focus is on connecting school
students and scientists so as to extend student‘s classroom learning with that of a very well planned research
laboratory based learning. ―JIGYASA‖ is one of the major initiative taken up by CSIR at the national level,
during its Platinum Jubilee Celebration Year.
Useful Info
Union Human Resource Development Minister – PrakashJavadekar
Constituency – Madhya Pradesh (Rajya Shaba)
President launches three digital initiatives over e-education
President Pranab Mukherjee has launched digital initiatives - Swayam, SwayamPrabha and National Academic
Depository - in New Delhi to push e-education in the country. The aim of the initiatives is to raise the Gross
Enrollment Ratio in the higher education from 24.5 to 30 by 2020. Massive Open Online Courses, Swayam
will host courses taught in classrooms from Class 9th to post-graduation, which can be accessed by anyone,
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
191
anywhere at any time. It will target those students who could not complete their studies and professionals who
wish to upgrade their knowledge. SwayamPrabha is the platform of 32 DTH channels devoted to telecasting
high-quality educational programmes 24X7 using GSAT-15 satellite. National Academic Depository will
facilitate online verification of certificates. All the courses are interactive and available free of cost.
Useful Info
DTH - Direct to Home
GSAT - Geosynchronous Satellites
First President of India – Dr. Rajendra Prasad
13th
President of India – PranabMukerjee
The government has started a story-telling contest named 'AadhaarHaiToAasaaniHai‟ to create awareness
about Aadhaar number
To create awareness about Aadhaar number, the government has started a story-telling contest named
'AadhaarHaiToAasaaniHai'. People willing to participate can send a 200-500 word-long story about Aadhaar
till August 8 midnight. The top five stories will be awarded Rs 20,000 each, while the next 20 stories will be
awarded Rs 5,000 each.
Vijay Goel and NitinGadkari flag off 10th 'Slum YuvaDaud' at Khichripur in New Delhi
Sports Minister Vijay Goel and Road Transport and Highways Minister NitinGadkari flagged off the 10th
Slum YuvaDaud at Khichripur in New Delhi. The Slum YuvaDaud is a part of the Adopt a Slum campaign of
the Sports Ministry and Nehru Yuva Kendra Sangathan.
Useful Info
Minister of state (independent charge) for sports – Vijay Goel
Constituency – Rajasthan, RajyaSabha
Union Minister for Road Transport and Highways – NitinGadkari
Constituency – Nagpur
Union Territory – New Delhi
CM – ArvindKejriwal
Governor – Anil Baijal
Government has implemented the “SeekhoaurKamao” scheme
Government has implemented the ―SeekhoaurKamao‖ scheme which encourages the youth from minority
communities to learn employment skills. The Minority Affairs Ministry has sanctioned over 460 crore rupees
to cover more than two lakh seventeen thousand minority youth.
Useful Info
Minister of State (Independent charge) for Minority Affairs - Mukhtar Abbas Naqvi
Constituency – RajyaSabha, Uttar Pradesh
ArunJaitley launches PradhanMantriVayaVandanaYojana pension scheme
Finance Minister ArunJaitley formally launched PradhanMantriVayaVandanaYojana (PMVVY), a pension
scheme exclusively for senior citizens with 8% fixed rate of interest on their savings. Under this scheme, there
will be an assured return of 8 per cent over a tenure of 10 years. It can be purchased offline as well as online
through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this
scheme.
Useful Info
Union Finance Minister of India – ArunJaitley
Constituency – Gujarat, RajyaSabha
LIC - Life Insurance Corporation
HQ – Mumbai
Chairman of LIC - V K Sharma
Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
192
The Union Cabinet chaired by the Prime Minister ShriNarendraModi has given approval for revision of
guidelines of Sovereign Gold Bonds (SGB) Scheme with a view to achieve its intended objectives.
Two sets of changes have been made in the scheme:
Specific changes have been made in the attributes of the scheme to make it more attractive, mobilise finances
as per the target and reduce the economic strains caused by imports of gold and reduce the Current Account
Deficit (CAD).
Flexibility has been given to Ministry of Finance to design and introduce variants of SGBs with different
interest rates and risk protection / pay-offs that would offer investment alternatives to different category of
investors. Ministry of Finance (the issuer) has been delegated this power to amend / add to the features of the
Scheme with approval of the Finance Minister to reduce the time lag between finalizing the attributes of a
particular tranche and its notification.
Following specific changes in the scheme have been approved:
The investment limit per fiscal year has been increased to 4 kg for individuals, 4 Kg for Hindu Undivided
Family (HUF) and 20 Kg for Trusts and similar entities notified by the Government from time to time.
The ceiling will be counted on Financial year basis and will include the SGBs purchased during the trading in
the secondary market.
The ceiling on investment will not include the holdings as collateral by Banks and Financial institutions.
SGBs will be available 'on tap‘. Based on the consultation with NSE, BSE, Banks and Department of Post,
features of product to emulate 'On Tap' sale would be finalised by Ministry of Finance.
Useful Info
NSE – National Stock Exchange of India Limited
HQ – Mumbai
CEO - J. Ravichandran
BSE – Bombay Stock Exchange
HQ – Mumbai
CEO - AshishChauhan
Executive Committee of National Mission for Clean Ganga has approved 7 projects worth Rs 425 crore
The Executive Committee of National Mission for Clean Ganga in its 4th meeting has approved seven projects
worth Rs 425 crore in the sector of sewage infrastructure, Ghat development and research. In sewage sector it
includes three projects each in Uttar Pradesh and Bihar have been approved. For Uttar Pradesh, interception,
diversion and STP projects for Unnao, Shuklaganj and Ramnagar have been approved. These three projects are
aimed at creation of sewage treatment capacity of 29 MLD (Unnao- 13 MLD, Shuklaganj- six MLD and
Ramnagar- ten MLD) with a total cost ofRs 238.64 crore. In Bihar, three projects at Sultanganj, Naugachia and
Mokama with total estimated cost of Rs 175 crore have been approved.
Useful Info
Union Minister for water resources and ganga rejuvenation – Satya Pal Singh
Government launched the 2nd AGRI-UDAAN program in New Delhi
In an attempt to promote innovation and entrepreneurship in agriculture, Government launched the 2nd
AGRIUDAAN program in New Delhi. It will mentor start-ups and help them connect with potential investors.
The program focuses on catalyzing scale-up stage food and agribusiness start-ups through rigorous mentoring,
industry networking and investor pitching. This 6-month program is a unique platform for scale up stage
innovators, entrepreneurs and startups in the Food and Agribusiness sectors. Top 40 startups will be shortlisted
and allowed to pitch in front of the panel of evaluators during cohort finalization program.
Useful Info
Union Territory – Delhi
CM – ArvindKejriwal
Governor – Anil Baijal
Book Now, Pay Later Scheme ForTatkal Tickets has been launched by IRCTC
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
193
Customers can book their Tatkal railway ticket and choose to pay later under the new scheme announced by the
Indian Railway Catering and Tourism Corp (IRCTC). Till now, this service was available only for general
reservations. Now, the users can use 'pay on delivery' option to save payment time, increasing their chances of
booking a confirmed ticket under the Tatkal quota.
Useful Info
IRCTC - Indian Railway Catering and Tourism Corporation
Union Minister for Railways – PiyushGoyal
Chairman & Managing Director of IRCTC - A.K. Manocha
Government gives funds to States/UTs under NAM to develop AYUSH System of Medicine
Minister of State (Independent Charge) for AYUSH, Mr.ShripadYessoNaik, informed that during the year
2016-17, central Government released Rs. 41711.849 lakhs fund to State/UT Governments under
National AYUSH Mission (NAM). Abbreviation AYUSH stands for Ayurveda, Yoga and Naturopathy,
Unani, Siddha and Homoeopathy.
Useful Info
Minister of State (Independent Charge) for AYUSH – ShripadYessoNaik
Constituency – North Goa
AYUSH - Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy
National Skill Development Corporation (NSDC) and Google India launched Android Skill Development
Programme
National Skill Development Corporation (NSDC) andGoogle India launched Android Skill Development
Programme to impart mobile app development training on the Android and Web platform and improve the
quality of mobile app development ecosystem in India.Under the initiative, NSDC would introduce a specific
course to create applications for the mobile platform that can be used on smart phones and tablets running on
the Android operating system.
Useful Info
NSDC - National Skill Development Corporation
Google HQ – Mountain View, California, United States
Google CEO – SundarPichai
Government of India has decided to launch “AajeevikaGrameen Express Yojana (AGEY)”
The Government of India has decided to launch a new sub-scheme named“AajeevikaGrameen Express
Yojana (AGEY)” as part of the DeendayalAntyodayaYojana – National Rural Livelihoods Mission
(DAYNRLM).
The Self Help Groups under DAY-NRLM will operate road transport service in backward areas. This will help
to provide safe, affordable and community monitored rural transport services to connect remote villages with
key services and amenities. AGEY will be initially implemented in 250 Blocks in the country onpilot basis.
Useful Info
DAY-NRLM - DeendayalAntyodayaYojana – National Rural Livelihoods Mission
AGEY - AajeevikaGrameen Express Yojana
Union Minister of Rural Development – Narendra Singh Tomar
Constituency – Gwalior, Madhya Pradesh
'Champions of Change' Initiative Organised by NITI Aayog
PM NarendraModiaddressed a gathering of young entrepreneurs and CEOs startups at an event organised by
NITI Aayog. The event called 'Champions of Change' was organised by India‗s policy think-tank, was
aimedat bringing together young businessmen at a place and share ideas.The "Champions of Change" initiative
is oneeffort to bring together diverse strengths for the benefit of the nation and society.
Useful Info
NITI Aayog – The National Institution for Transforming India
Chairman – PM Modi
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
194
Vice Chairman – Rajiv Kumar
CEO – Amitabh Kant
Renaming of central sector scheme SAMPADA as PM KisanSampadaYojana approved by CCEA
The Cabinet Committee on Economic Affairs, CCEA has approved the renaming of the new Central Sector
Scheme - SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) as
PradhanMantriKisanSampadaYojana (PMKSY) for the period of 2016-20 coterminous with the 14th Finance
Commission cycle.
CCEA - Cabinet Committee on Economic Affairs
Chaired by – PM NarendraModi
Mentor India Campaign to be launched by NITI Aayog
NITI Aayog announced to launch the Mentor India Campaign, a strategic nation building initiative to engage
leaders who can guide and mentor students at more than 900 Atal Tinkering Labs.TheseAtal Tinkering Labs
are established across the country as a part of the Atal Innovation Mission.
Organisation: NITI Aayog
Headquarters: New Delhi
Chairman:NarendraModi
Odisha CM Naveen Patnaik launches rooftop solar programme
Odisha Chief Minister Naveen Patnaik launched a grid-connected rooftop solar programme through a
netmetering system at the State Secretariat in the capital city of Bhubaneswar. The Chief Minister also
launched an online web portal of the programme.The solar programme will be implemented by Odisha
Renewable
Energy Development Agency (OREDA). It mainly aims at harnessing renewable solar capacity through
people‗s participation to further strengthen the grid and reduce power losses in the state, benefiting the public.
It also aims to help the state in addressing the climate change action plan.
State:Odisha
Capital: Bhubaneswar
CM:NaveenPatnaik
Governor:S. C. Jamir
Modi inaugurated the two-day annual conference, RajaswaGyanSangam, 2017 at VigyanBhawan, New
Delhi
PM NarendraModi inaugurated the two-day annual conference, RajaswaGyanSangam, 2017 at
VigyanBhawan, New Delhi. The conference, jointly organized by the Central Board of Direct Taxes and the
Central Board of Excise and Customs. The main objective of the conference is to enable a two-way
communication between the policy-makers and 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.
Useful Info
New Delhi CM – ArvindKejriwal
Governor – Anil Baijal
Nestle Sets up First Food Safety Institute in India
The new FSSAI CEO Pawan Kumar Agarwalinaugurated the Nestle Food Safety Institute in Manesar,
Gurugram. It will provide guidance and training on food safety. The FSSAI has been working with Nestle
India for setting up the institute at Manesar. While this is the first such institute in India, Nestle already runs a
similar Institute each in China and Lausanne, Switzerland.
Useful Info
FSSAI – Food Safety and Standards Authority of India
CEO of FSSAI - Pawan Kumar Agarwal
President Kovind launched nationwide campaign: "Swachhata Hi Sewa"
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
195
President Ram NathKovind launched a nation-wide campaign Swachhata Hi Sewafrom Kanpur, Uttar
Pradesh. He will administer nation-wide Swachhta Hi Seva pledge initiating parallel action in all the two lakh
50 thousand plus Gram Panchayats and cities in India. The fortnight long campaign will conclude on
2nd of October, Gandhi Jayanti. Eminent personalities, community organizations and private sector
organizations will undertake shramdaan activities. The objective of the campaign is to mobilise people and
reinforce the Jan Aandolan for sanitation to contribute to Mahatma Gandhi's dream of a Clean India.
Useful Info
State – Uttar Pradesh
Capital – Lucknow
CM – Yogi adityanath
Governor – Ram Naik
Present President of India – Ram NathKovind
Dr. Harshvardhan Launches Pt. DeenDayalUpadhyayVigyan Gram SankulPariyojana
Dr. Harshvardhan launched “PtDeenDayalUpadhyayVigyan Gram SankulPariyojana” which will
experiment and endeavour to formulate and implement appropriate S&T Interventions for Sustainable
Development through cluster approach in Uttarakhand. Department of Science and Technology is
implementing several initiatives for upliftment and economic development of rural areas in the country.
Useful Info
Union Minister for Science & Technology – DrHarshvardhan
Constituency – ChandniChowk (Delhi)
Govt Launches Campaign to Sensitise Women About Cancer
Minister of State Health and Family Welfare Anupriya Patel launched a nationwide health campaign to
sensitise women about the early screening and the preventive care for cancer. Themed 'Nurturing the
Nurturer', the campaign was launched by FICCI Ladies Organisation (FLO) in partnership with the Apollo
Hospitals group.
Useful Info
Minister of State Health and Family Welfare - Anupriya Patel
Constituency – Mirzapur, Uttar Pradesh
NarendraModi launched -PradhanMantriSahajBijliHarGharYojana „Saubhagya‟
Prime Minister NarendraModi launched - PradhanMantriSahajBijliHarGharYojana „Saubhagya‟ to
provide electricity connections to over 4 crore families in rural and urban areas by December 2018. In India,
four crore out of 25 crore families do not have power connection even after 70 years of independence. Power
Minister R K Singh stated that India will achieve the target of power for all by December 2018, while all
villages will be electrified by the end of 2017.
The Saubhagya scheme basically means SahajBijliHarGharYojana,
It aims to provide access to electricity to all families in India,
The Saubhagya scheme will provide free electricity connection to poor families of India,
The total outlay for SahajBijliHarGharYojana is pegged at Rs 16,320 crore,
The Centre will provide largely funds for the scheme to all States/UTs,
SaubhagyaYojana will give access to electricity to all ‗willing‘ households in India
RANKING AND INDEXES
Bollywood stars in Forbes World's Highest-Paid Celebrities List
The Forbes list of world‘s highest-paid celebs is out and has Sean Combs at the
top.ShahRukhKhan,salmankhan,akshaykumar are placed in the list.
1st place - Sean Combs $130 Million (Musicians) - USA
65th
– Shah Rukh Khan $38 million
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
196
71st – Salman Khan $37 million
80th
– Akshaykumar $35.5 million
Dangal becomes 1st Indian movie to earn Rs2,000cr worldwide: Forbes
The Aamir Khan starrer Dangal has become the first Indian movie to earn Rs2,000crore worldwide. Recently,
Dangal also created the record of being the fifth highest-grossing non-English film ever. Based on the life of
wrestler Mahavir Singh Phogat, the sports drama film is also the highest grossing Indian film in China.
According to a report by Forbes, on its 53rd day of release in China, Dangal made Rs 2.5 crore ($390,000) at
the China box office taking its worldwide total to Rs 2000 crore.
Useful Info
Actor –Aamir Khan
Director -NiteshTiwari
Music –Pritam
SpiceJet is world‟s top airline stock in 2017 with 124% gain
Two and a half years after SpiceJet Ltd was forced to ground its entire fleet on its inability to pay a mere $2.2
million in fuel bills, the budget airline has become the world‘s best-performing airline stock—with $26 billion
in plane orders to boot. The company‘s co-founder and chairman, Ajay Singh, has played the white knight,
injecting capital, cutting loss-making routes and aggressively adding capacity in one of the world‘s fastest
growing markets.
Useful Info
SpiceJet HQ –Gurugram
CEO - Ajay Singh
ICC Rankings: Kohli at 3rd
place in the ODI rankings
India captain ViratKohli managed to hold on to his third spot in the batsman's chart. The top three batsmen -
South Africa's AB de Villiers (874 rating points), Australian David Warner (871) and Kohli (852).
The top five ODI teams are close to each other with South Africa (122), Australia (118), India (117), New
Zealand (114) and England (112)
Kohli has been ranked 89th
in the Forbes 100 list
India cricket captain ViratKohli is the sole sportsperson from the country to feature among the world‘s 100
highest paid athletes in the latest Forbes list of ‗The World‘s highest paid athletes‘.
Useful Info
Topped by - Cristiano Ronaldo (Portugal), pay of $93 million
MukeshAmbani Becomes Asia‟s Second-Richest Person, according to the Bloomberg Billionaires Index
MukeshAmbani has elbowed past Li Ka-shing to become Asia‘s second-richest man as investors rallied behind
his efforts to arm India‘s poor with cheap data-loaded phones. The chairman of Reliance Industries Ltd (RIL)
has added $12.1 billion to his wealth in 2017, according to the Bloomberg Billionaires Index.
Useful Info
Bloomberg Headquarters – New York
Asia‘s Richest Person – Jack Ma (Alibaba owner)
3 Indian firms, Hindustan Unilever, Asian Paints and BhartiAirtel are among Forbes' list of the world's 100
most innovative companies
Three Indian firms, Hindustan Unilever, Asian Paints and BhartiAirtel are among Forbes' list of the
world's 100 most innovative companies, where Salesforce.Com has replaced Tesla Motors on the top
position.While HUL and Asian Paints have moved up in their ranks to seventh and eighth respectively (from
31st and 18th last year), BhartiAirtel has entered the ranking at 78th position.
Useful Info
Ranking List:
1st – Salesforce.com (HQ - San Francisco, California, United States)
7th
- Hindustan Unilever (India)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
197
8th
– Asian Paints (India)
78th
- BhartiAirtel (India)
India Jumps to 14th Rank as Best Country for Expats: HSBC Survey
India leapt up the global rankings by 12 places to take the 14th spot in terms of best country for expats to
live and work in, according to the HSBC survey. The list has been topped by Singapore. The list is part of
HSBC's latest 'expat explorer survey' that covered 27,587 expats from 159 countries and territories in March
and April 2017. According to the survey, about 71 percent expats in India reported high levels of confidence in
the local economy, while 58 percent exuded optimism on political stability.
Useful Info
1st in the List – Singapore
14th
– India
HSBC Headquarters - London, United Kingdom
Forbes India Rich List 2017: Mukesh Ambani Richest With $38 Billion
Forbes Magazine has released its India Rich List for 2017, with Reliance Industries Limited chairman
Mukesh Ambani topping the charts for the 10th consecutive year with a net worth of $38 billion. Mr
Ambani is followed by tech czar Azim Premji who jumped two places with the net worth of $19 billion.
Ranked third are the Hinduja brothers who added $3.2 billion to their net worth. According to Forbes, the
combined net worth of the 100 richest Indians stood at $479 billion, a jump of 26% from $374 billion in
2016. Acharya Balkrishna, CEO of Patanjali Ayurved, figures at No. 19 with net worth of $6.55 billion.
Useful Info
The Top 10 Indian in the List are as follows-
Rank Name Net Worth ($ Billion) Company
1 Mukesh Ambani 38 Reliance Industries
2 Azim Premji 19 Wipro
3 Hinduja brothers 18.4 Ashok Leyland
4 Lakshmi Mittal 16.5 Arcelormittal
5 Pallonji Mistry 16 Shapoorji Pallonji Group
6 Godrej family 14.2 Godrej Group
7 Shiv Nadar 13.6 HCL Technologies
8 Kumar Birla 12.6 Aditya Birla Group
9 Dilip Shanghvi 12.1 Sun Pharmaceutical Industries
10 Gautam Adani 11 Adani Ports & SEZ
SCIENCE & TECHNOLOGY
Japan launches satellite for high-precision positioning system to complement GPS
Japan launched a satellite to help build a high-precision geo location system that will complement the US-
operated Global Positioning System (GPS).Footage by the Japan Aerospace Exploration Agency showed, a H-
IIA rocket blasting off from the Tanegashima space centre in southern Japan carrying the "Michibiki" No.2
satellite.
Prithvi-II missile successfully test-fired
India successfully test-fired its indigenously developed nuclear-capable Prithvi-IImissile, from a test range in
Odisha as part of a user trial by the Army.The trial of the surface-to-surface missile, which has a strike range
of 350 km, was carried out using a mobile launcher from launch complex-3 of the Integrated Test Range
(ITR) in Chandipur
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
198
Scientists from the Universityof Adelaide have developedan artificial intelligencesystem that canpredict how
long a personwill live by scanningthrough the images of theirorgans. The system analysedthe medical images
of48 patients and was able topredict which of themwould die within five yearswith 69% accuracy.
India successfully test-fires 1st all weather tracked-chassis QR-SAM
India successfully test-fired its first all-weather tracked-chassis Quick Reaction Surface-to-Air Missile (QR-
SAM) from a mobile launcher at Integrated Test Range at Chandipur in Odisha.
Facebook launches mapsfor disaster relief and aid
Facebook has launcheddisaster maps to helphumanitarianorganisationssavelivesinemergencies,said its chief
executive MarkZuckerberg.
Useful Info
HQ – Menlo Park, California, United States
CEO – Mark Zuckerberg
Hottest Known Planet in the Universe - KELT-9b
Scientists have discovered the hottest known exoplanet, designated KELT-9b which is warmer than most stars
in the universe. The study has been published in the journal Nature.
Indian American Raja Chari is one of the 12 astronauts chosen by NASA
NASA has chosen 12 new astronauts, including an Indian American named Raja Chari, from a record number
of over 18,000 applicants, who will be trained for missions into Earth orbit and to deep space. The 12 new
candidates include six military officers, three scientists, two medical doctors, a lead engineer at SpaceX and a
NASA research pilot. Lt. Col. Raja Chari is the first Indian American after KalpanaChawla to be chosen by
NASA for one of its missions at NASA‘s Johnson Space Center in Houston. Lt Col Raja ―Grinder‖ Chari, 39,
is a commander of the 461st Flight Test Squadron and the director of the F-35 Integrated Test Force at
Edwards Air Force Base in California.
Useful Info
SpaceX
HQ – Hawthorne, California, United States
CEO - Elon Musk
First X-ray space telescope to study black holes, pulsars and gamma-ray bursts launched by China
China successfully launched its first X-ray space telescope to study black holes, pulsars and gamma-ray bursts.
The 2.5-tonne Hard X-ray Modulation Telescope (HXMT), named 'Insight,' was launched from Jiuquan
Satellite Launch Center in northwest China's Gobi desert. It was delivered into orbit, 550km (341 miles) above
the Earth, by the Long March-4B rocket.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi – yuan
President – Xi Jinping
Mangalyaan completes 1000 Earth days in its orbit
Indian Mars Orbiter Mission (MOM) also called Mangalyaan completes 1000 Earth days in its orbit on 19th
June 2017. The interplanetary mission of ISRO was launched on 5th November, 2013. It was inserted into
Martian orbit on 24th September, 2014 in its first attempt.
Useful Info
ISRO - Indian Space Research Organisation
HQ – Bengaluru
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
199
ISRO was founded in 1969
Chairman – A.S.Kirankumar
India & Russia have identified key areas to bolster cooperation in the science and technology sector
India and Russia have identified key areas to bolster cooperation in the science and technology sector, including
space and marine technologies, IT and deep ocean engineering. The areas were chosen at the first meeting of
India-Russia Joint Committee on Science and Technology Cooperation in the Siberian city of Novosibirsk. The
meeting was co-chaired by Minister ArunJaitley and Russian Deputy Prime Minister DmitryiRogozin. Inspired
by India's 'Make in India' initiative, Moscow has launched a “Do It In Russia” initiative to promote local
manufacturing and technology development.
Useful Info
Country – Russia
Capital – Moscow
Currency – Ruble
The world's first train that operates on a virtual track has been made by China
China has unveiled the world's first train that operates on a virtual track using sensor technology instead of
metal rails. The train's top speed is 70 kilometers per hour, and it can travel 25 kilometers in distance after just
10 minutes of charging. The train can reportedly carry up to 307 passengers despite the fact that it is only about
32 meters long. The train will be ready to roll out to the public by 2018.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi – yuan
President – Xi Jinping
India‟s latest communication satellite GSAT-17 has been successfully launched from Kourou
India‘s latest communication satellite GSAT-17 has been successfully launched from Kourou in French Guiana.
GSAT-17 with a lift-off mass of about 3,477 kg carries payloads in Normal C-band, Extended C-band and S-
band to provide various communication services. The Satellite also carries equipment for meteorological data
relay and satellite-based search and rescue services being provided by earlier INSAT satellites. This was third
satellite launch by ISRO this month, the other two being first developmental flight of GSLV MkIII and PSLV
C-38 missions launched from Sriharikota spaceport in Andhra Pradesh.
Useful Info
GSAT - geosynchronous satellites
GSLV - Geosynchronous Satellite Launch Vehicle
PSLV – Polar Satellite Launch Vehicle
Country - French Guiana
Capital – Cayenne
Currency – Euro
Ransomware hits Jawaharlal Nehru port operations in Mumbai
The Maharashtra government has termed the latest malware attack as extremely serious after it disrupted the
operation of country's largest container port Jawaharlal Nehru Port Trust's (JNPT).
Useful Info
Jawaharlal Nehru Port, also known as NhavaSheva, is the largest container port in India. Located east of
Mumbai in Maharashtra, the port on the Arabian Sea is accessed via Thane Creek.
China‟s new heavy-lift carrier rocket launch fails
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
200
China‘s ambitious space programme suffered a rare setback on Sunday as its new heavy-lift carrier rocket, the
Long March-5 Y2 failed to put the country‘s largest satellite into orbit. An anomaly occurred during the flight
of the rocket, which blasted off from the Wenchang Space Launch Centre in Hainan.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi – Yuan
President – Xi Jinping
Oracle picks Bengaluru for its first digital hub in Asia-Pacific
American tech giant Oracle has said it is opening its first digital hub in Asia Pacific, which will be based in
Bengaluru. The company, with annual revenue of more than $37 billion, said the hub would provide cloud
computing technology and resources to small and medium businesses to empower them in their digital
transformation.
Useful Info
Oracle Corporation - Oracle Corporation is a multinational computer technology corporation
HQ - Redwood Shores, California
Founder – Larry Ellison, Bob Miner, Ed oates
Adobe announced that it will stop updating and distributing Flash Player plug-in by the end of 2020
Adobe announced that it will stop updating and distributing Flash Player plug-in by the end of 2020. Flash
technology was once one of the most widely used ways to watch videos and play games online. In recent years,
browsers such as Google Chrome, Microsoft Edge, and Safari have been deprecating Flash in favour of its
alternative HTML5.
Useful Info
Adobe - Adobe Systems Incorporated is an American multinational computer software company.
HQ - San Jose, California, United States
CEO - ShantanuNarayen
Facebook TV is set to launch online in mid-August
Facebook TV is set to launch online in mid-August. The social media giant has partnered with media
companies like Group Nine Media, BuzzFeed, ATTN, and Vox Media which would provide inexpensive, five
to 10-minute shows.
Useful Info
Facebook HQ – Menlo Park, California, United States
CEO - Mark Zuckerberg
Iran successfully launched its most advanced satellite-carrying rocket called „Simorgh‟ into space
Iran successfully launched its most advanced satellite-carrying rocket called ‗Simorgh‘ into space. The launch
took place at the Imam Khomeini National Space Station in Semnan. The development marks a significant step
forward for the Islamic Republic's young space program. It also raises alarm among the nation‘s adversaries
who fear that the same technology could be used to produce long-range missiles. The U.S. State Department
has termed the launch as "provocative."
Useful Info
The rocket is capable of carrying a satellite weighing 250 kilograms (550 pounds)
Country – Iran
Capital – Tehran
Currency – Iranian rial
Breakthrough Starshot successfully launch world's smallest spacecraft “Sprites”
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
201
The smallest spacecraft ever launched are successfully travelling in low Earth orbit and communicating with
systems on Earth, scientists have announced. Known as ‗Sprites‘, the miniature satellites are just 3.5cm x
3.5cm and carry radios, sensors and computers, with each device powered by sunlight and weighing just four
grams.Whilenanosatellites known as CubeSats have previously been sent into space, such systems have a mass
thousands of times that of the Sprites, weighing more than 1kg.
Useful Info
Breakthrough Initiatives is a program founded in 2015 and funded by Yuri Milner.
Yuri Borisovich (Bentsionovich) Milner - Russian entrepreneur, venture capitalist and physicist. Milner is
Russia's most influential tech investor.
China produces gas from methane hydrate, also known as„flammable ice‟ under South China Sea (SCS)
According to the Land and Resources Ministry China has successfully produced natural gas from methane
hydrate, also known as ―flammable ice‖, in an experimental project in the South China Sea (SCS).Under the
experiment, a drilling platform had produced a total of 309,000 cubic meters of natural gas from gas hydrate in
60 days. China has achieved theoretical, technological, engineering and equipment innovations and has made a
historical breakthrough. The methane hydrate is highly flammable and energy-intensive fuel as one cubic meter
of the compound can releases about 164 cubic meters of natural gas.
Useful Info
Country – China
Capital –Beijing
Currency –Renminbi– Yuan
President – Xi Jinping
India has declared itself free from highly pathogenic Avian Influenza (H5N1 and H5N8)
India has declared itself free from highly pathogenic Avian Influenza (H5N1 and H5N8) after surveillance in
the states showed no evidence of its presence. It has been notified to the World Organization for Animal Health
(OIE). The surveillance was carried out throughout the country since completion of the operation including
culling, disinfection and clean-up and surveillance in the states showed no evidence of the presence of Avian
Influenza Virus. India had reported outbreaks of influenza at various epicenters in different states across the
country between October 2016 and February 2017.
Useful Info
WHO – World Health Organisation
HQ – Geneva, Switzerland
Scientists from the IISERhave developed a hydrophobic sorbent that can suck up oil and congeal it
Scientists from the Indian Institute of Science, Education and Research (IISER) in Thiruvananthapuram have
developed a hydrophobic sorbent that can suck up oil and congeal it.A two-member research team led by Prof.
Kana M. Sureshan from the School of Chemistry at IISER developed the hydrophobic sorbent by using a cheap
raw material (mannitol) and cellulose pulp as a matrix. Mannitol was converted into a hydrophobic gelator
through a one-step process and a solution was made using this compound.
Useful Info
IISER - Indian Institute of Science, Education and Research
Scientists have developed a super strong, flexible bio-glue for wound healing without causing toxicity
Scientists have developed a super strong, flexible bio-glue for wound healing without causing toxicity. It has
been developed by the erudite researchers from the Wyss Institute for Biologically Inspired Engineering and
the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS).The ―tough adhesive‖ is
biocompatible and binds to tissues with strength comparable to the body‘s own resilient cartilage.
The Indian Army has developed a mobile application named 'Humraaz'
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
202
The Indian Army has developed a mobile application named 'Humraaz' through which serving soldiers can
track details like postings and promotions. Through the app, soldiers can also view their monthly salary slips
and the Form 16 and also download them. 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.
Useful Info
Chief of Army Staff – BipinRawat
Union Minister of Defence – Nirmala Sitharaman
SpaceX successfully launches HP‟s supercomputer to ISS
Space X has successfully launched Hewlett Packard Enterprises (HPE) Spaceborne Computer towards the
International Space Station using Falcon 9 rocket.
British scientists have developed the world‟s smallest surgical robot
British scientists have developed the world‟s smallest surgical robot which could transform daily operations
for tens of thousands of patients. A team of 100 scientists and engineers have used low-cost technology
originally developed for mobile phones and space industry.The robot, called Versius, mimics the human arm
and can be used to carry out a wide range of laparoscopic procedures. The robot is set to be launched next year.
NASA plans to extract oxygen from atmosphere on Mars
NASA is planning to send microbial life on its Mars 2020 rover mission, which would use Mars' atmospheric
carbon dioxide to produce oxygen. The mission, if successful, would make way for more affordable human
missions to Mars where oxygen is needed for life support and rocket propulsion, said NASA. Notably, Mars'
atmosphere contains around 95.32% CO2 and only 0.13% oxygen.
US lab breaks world record for magnetic strength
US-based MagLab has achieved a new world record with the strongest resistive magnet, producing 41.4 teslas
(a unit of magnetic field strength). Taking 2.5 years and $3.5 million to build, the machine smashed the
previous record held by China's 38.5-tesla magnet. Resistive magnets are activated when electric currents are
applied, and this one required power equivalent to boiling 21,500 kettles.
Indian Space Research Organisation (ISRO) is all set to launchIRNSS-1H
Indian Space Research Organisation (ISRO) is all set to launch its navigation satellite IRNSS-1H this
evening. The satellite lifts off from the second launch pad of the SatishDhavan Space Centre at Sriharikotta,
on board the rocket PSLV C39.
Useful Info
ISRO - Indian Space Research Organisation
HQ – Bengaluru
Chairman of ISRO – A. S. Kiran Kumar
Instagram hack: Celebrity contact details revealed
Instagram has said a flaw in its systems revealed a number of stars' phone numbers and email addresses to
cyber-attackers. The Facebook-owned social network said it believed one or more attackers had targeted
high-profile stars to get their contact information. Instagram said passwords had not been stolen but warned
users to watch for suspicious activity on their accounts.
ISRO‟s Mars Orbiter Mission Completes 3 Years in Orbit
The Indian Space Research Organisation (ISRO) stated that its Mars Orbiter Mission (MOM) which has
completed three years in its Martian orbit is in good health and continues to work as expected. On the
occasion of completion of three years in its Martian orbit released MOM second-year science data from
September 24, 2014, to September 23, 2016. The 450-crore rupees MOM mission aims at studying the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
203
Martian surface and mineral composition. It will also scan its atmosphere for methane which is an indicator of
life on Mars.
Useful Info
ISRO - Indian Space Research Organisation
Headquarters of ISRO – Bengaluru
Chairperson - AS Kiran Kumar
BOOKS AND AUTHORS:
AnupamKher is set to play Manmohan Singh in a movie
Veteran actor AnupamKher is set to play Manmohan Singh in a movie based on the book ―The Accidental
PrimeMinister,‖ written by theformer Prime Minister‘smedia adviser SanjayaBaru.The 62-year-old actor said
heis essaying the role of Dr.Singhin the film to bedirected by debutante VijayRatnakarGutte.
Arundhati Roy‟s new novel “The Ministry of Utmost Happiness” released
Arundhati Roy‘s eagerlyawaitedsecond novel wenton sale, twodecades after her prize-winningdebutThe God
of Small Thingspropelled her toglobal fame and launchedher career as an outspokencritic of injustice in
thecountry.Ms. Roy, now 55, becamethefirst Indian woman to win the Booker Prizewithher 1997 work.
„YugPurush, Bharat Ratna, AtalJi‟ a book authored by Pokhriyal
Former Uttarakhand Chief Minister Ramesh Pokhriyal ‗Nishank, has officially handed over the first copy of
the 450-page book titled -‗YugPurush, Bharat Ratna, AtalJi‘ to the President of India ShriPranab Mukherjee.
However, the book will be launched soon in the market for all.
Naidu launches book titled „The Emergency-Indian Democracy‟s Darkest Hour'
Venkaiah Naidu has launched the book which titled 'The Emergency - Indian Democracy‟s Darkest
Hour'.A book is written by Surya Prakash who is a chairman of PrasarBharati.
PM releases photo book titled "President Pranab Mukherjee - A Statesman"
The Prime Minister NarendraModi has released a photo book titled "President Pranab Mukherjee - A
Statesman", at an event in RashtrapatiBhawan. He presented the first copy of the book to the President. The
book is a comprehensive photographic record of India's 13th president. It covers Mukherjee's presidency and
documents his various roles, the statement said. Union ministers ArunJaitley, PrakashJavadekar and Vijay Goel
besides BJP veteran L K Advani were also present on the occasion.
Useful Info
1st president of India – Rajendra Prasad
1st prime minister of India – Jawaharlal Nehru
1st woman president of India – PratibhaPatil
1st woman Prime Minister of India – Indira Gandhi
RaghuramRajan, on his RBI stint pens a book named 'I Do What I Do'
Former RBI Governor RaghuramRajan has penned a book titled 'I Do What I Do: On Reform, Rhetoric &
Resolve'. The book conveys what it was like to be at the helm of RBI in those turbulent but exciting times, said
publisher HarperCollins India. The book will launch on September 4, exactly a year after Rajan quit as RBI
governor.
SPORTS NEWS
Cricket
Ramachandra Guha resigns as BCCI Administrator
Historian Ramachandra Guha who was appointed by the Supreme Court as one of the four administrators of
BCCI, today informed the court that he had resigned from the post due to personal reasons. A vacation bench
of Justices M M Shantanagoudar and Deepak Gupta was informed by Guha's counsel that he had tendered his
resignation on May 28 to Chairman of the Committee of Administrators of the BCCI Vinod Rai. The apex
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
204
court had on January 30 appointed a four-member committee of administrators headed by former Comptroller
and Auditor General Vinod Rai to run the affairs of BCCI.
Muralitharan became the first Sri Lankan to be inducted into the ICC Cricket Hall of Fame
Muttiah Muralitharan, the most successful bowler in Tests and One Day Internationals, became the first Sri
Lankan to be inducted into the ICC Cricket Hall of Fame. He was awarded the honour.
Useful Info
Country – Sri Lanka
Capital – Sri Jayawardenepura Kotte (administrative), Colombo (commercial)
Currency – Sri Lankan rupee
Muttiah Muralitharan – sri Lankan bowler
ODI wickets – 534
Test cricket Wickets – 800
Anil Kumble resigned from the post of Head Coach of the Indian Cricket team
Anil Kumble, the former Indian Captain, resigned from the post of Head Coach of the Indian Cricket team. His
resignation came before the limited-overs tour of the West Indies team.
India became the team to score the most 300-plus totals in One Day International (ODI) Cricket
India became the team to score the most 300-plus totals in One Day International (ODI) Cricket. India did so
when they scored a total of 310 for the loss of five wickets in the second ODI against West Indies. It was the
96th time that India crossed the 300-run mark, surpassing Australia‘s 95. The other teams posted 300+ scores
in ODIs as follows: Australia 95, South Africa 77, Pakistan 68, Sri Lanka 62, England 57 and New Zealand 51.
Useful Info
ICC – International Cricket Council
Motto -Great Sport Great Spirit
HQ – Dubai
President -Zaheer Abbas (former Pakistani cricketer)
Chairman –Shashank Manohar
CEO - David Richardson (former South African Cricketer)
Sarfraz Ahmed named Pakistan Test team's captain
Pakistan's limited-overs captain Sarfraz Ahmed has been named the side's Test captain by the Pakistan Cricket
Board on Tuesday. Sarfraz recently led the Pakistani cricket team to its maiden Champions Trophy title. The
30-year-old wicketkeeper will take over from Misbah-ul-Haq, who stepped down as the Test side's skipper
after Pakistan's series.
Ravi Shastri has been appointed as the new head coach of Indian cricket team
Ravi Shastri has overcome Virender Sehwag to become Indian cricket team‘s new head coach. The
appointment was confirmed by Board of Control for Cricket in India (BCCI). Shastri will take charge from
India‘s upcoming three-Test series against Sri Lanka, starting July 26. Shastri, was chosen by the BCCI‘s
Cricket Advisory Committee (CAC) that included former captains Sourav Ganguly, Sachin Tendulkar and
veteran batting star VVS Laxman. Zaheer Khan has been appointed as the bowling coach of Indian Cricket
Team.
Useful Info
Anil Kumble recently resigned from the post of Head Coach
New Head Coach – Ravi Shastri
Bowling Coach – Zaheer Khan
Batting Coach – Rahul Dravid
BCCI Chairman – VinodRai
Mithali Raj became the first women‟s player to reach 6000 ODI runs
Mithali Raj has been India‘s premier player ever since she made her debut in 1999. Her exploits in the
international stage in both Tests and ODIs have made her India‘s premier player. She created a world record by
smashing seven consecutive fifty-plus scores, making her the first woman player to achieve the feat. In the
crucial game against Australia, Mithali became the woman cricketer who has scored most runs in ODIs.
Mithali Raj became the first women‘s player to reach 6000 ODI runs. England‘s Charlotte Edwards was the
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
205
previous leading run-getter in ODIs with 5992 runs. 164 - Number of innings that has taken Mithali to achieve
this feat. She has 48 not-outs to her name, which is the most in women‘s cricket.
Useful Info
Present Indian Women‘s team Captain - Mithali Raj
BCCI has appointed Bharat Arun as Team India bowling coach
Board of Control for Cricket in India (BCCI) has appointed Bharat Arun as the Indian Cricket team‘s bowling
coach. BCCI‘s acting Secretary Amitabh Chaudhary announced that the cricket body has also decided to retain
Sanjay Bangar as an assistant coach and R Sridhar as fielding coach till the 2019 ODI World Cup. The
confirmation of their appointment came after newly appointed Indian coach Ravi Shastri met the four-member
committee comprising of acting president CK Khanna, acting secretary Amitabh Choudhary, BCCI CEO Rahul
Johri and Committee of Administrators member Diana Edulji in Mumbai.
Useful Info
BCCI‘s acting Secretary - Amitabh Chaudhary
BCCI CEO –Rahul Johri
India lose to England by 9 runs in ICC Women's World Cup final 2017 at Lord‟s, London
Indian eves lost to England by a narrow margin of nine runs in the ICC Women's World Cup final at Lord's in
London. Chasing a target of 229, Indian middle-order collapsed like a pack of cards, being bowled out for 219
in 48.4 overs. Opener PoonamRaut was top scored with 86, while HarmanpreetKaur contributed 51. Earlier,
Natalie Sciver's 51 and Sarah Taylor's 45 laid the foundation for England's decent total of 228 for 7. For
England, it was their fourth Women's World Cup.
Useful Info
Final Match between India & England
Final Match at Lord‘s, London
ENGW 228/7 (50.0 Overs)
INDW 219-all out (48.4 Overs)
England Team Captain - Heather Knight
Indian Team Captain - Mithali Raj
PLAYER OF THE MATCH - Anya Shrubsole (England)
PLAYER OF THE SERIES - Tammy Beaumont (England)
Winner – England
Runner – India
India skipper Mithali Raj was chosen as the captain of the ICC Women‟s World Cup 2017 team by the ICC
India skipper Mithali Raj was chosen as the captain of the ICC Women‘s World Cup 2017 team by the
International Cricket Council. The 34-year-old Indian was selected as captain after she led India to the final of
the just-concluded ICC Women‘s World Cup. Mithali led by example, scoring 409 runs during the 30- day
tournament. The side includes four players from England, three from South Africa, and Australia all-rounder
Ellyse Perry. Mithali has been picked in the Team of the Tournament for the second time in her career.
Useful Info
ICC - International Cricket Council
HQ – Dubai
President – Zaheer Abbas
CEO – Dave Richardson
Chairperson – Shashank Manohar
Rahul Dravid has extended his contract as the coach of the U-19 and „A‟ teams for a two year term.
Former India captain, Rahul Dravid, who has played a part in shaping the careers of India‘s junior teams from
2015 to 2017, has given his consent to continue as the coach of India under-19 and India ‗A‘ team for two more
years (2017-2019).
BCCI ordered to lift lifetime ban on cricketer Sreesanth by Kerela HC
Kerala High Court ordered Board of Control for Cricket in India (BCCI) to lift the life ban imposed on
Cricketer Sreesanth in the wake of the 2013 IPL spot-fixing scandal.
BCCI Nominates MS Dhoni for Padma Bhushan Award
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
206
The Indian cricket board, BCCI has nominated Mahendra Singh Dhoni for the country's third highest
civilian award - the Padma Bhushan, for his contribution to the game.A senior BCCI official confirmed that
the Board has only sent one name for the Padma awards this year and it was a unanimous decision to nominate
India's most successful captain.
ICC Launches Anti-Corruption Probe into Sri Lanka Cricket
The International Cricket Council (ICC) has launched an anti-corruption investigation in Sri Lanka. The
ICC‘s Anti-Corruption Unit (ACU) officers had recently visited the country as part of the probe. The ICC Anti-
Corruption Unit works to uphold integrity in cricket and this includes conducting investigations where there are
reasonable grounds to do so.
Useful Info
ICC – International Cricket Council
Headquarters of ICC – Dubai, United Arab Emirates
ICC Announces Major Changes in Cricket Rules
The International Cricket Council (ICC) has announced several changes to the existing template of how the
sport of cricket is played. All the new rules will be implemented from September 28. The new rules
incorporate bat thickness, player conduct, DRS, run outs and catches.
Here are the major excerpts from the release: 1. To maintain the balance between bat and ball, the playing conditions now restrict the size of the edges of the
bats as well as their thickness. The restriction on the length and width of bats remain unchanged but the
thickness of the edges can‘t be more than 40mm and the overall depth can be 67 mm at the most.
2. In a new playing condition pertaining to players‘ conduct, a player can now be sent off the field for the rest of
the match for any serious misconduct, meaning it will apply to Level 4 offences while the Level 1 to 3 offences
will continue to be dealt with under the ICC Code of Conduct. Threatening to assault an umpire, making
inappropriate and deliberate physical contact with an umpire, physically assaulting a player or any other person and
committing any other act of violence all constitute Level 4 offences.
3. The above changes will be applicable across all formats, as will be a change in the DRS rules by which a review
will now not be lost in case of a decision that remains unchanged, solely as the result of an ‗umpire‘s call‘. As for
DRS in Test matches, there will be no more top-up reviews after 80 overs of an innings, meaning that there can
only be two unsuccessful reviews in each innings, while the DRS will now also be allowed to be used in T20Is.
4. An important change with respect to run outs is that if a batsman is running or diving towards the crease with
forward momentum, and has grounded his/her bat behind the popping crease but subsequently has lost contact with
the ground at the time of the wickets being put down, the batsman will not be run out.
5. For boundary catches, airborne fielders making their first contact with the ball will need to have taken off from
within the boundary, otherwise, a boundary will be scored. Also, a batsman can now be out caught, stumped or run
out even if the ball bounces off the helmet worn by a fielder or wicket-keeper.
Mahendra Singh Dhoni, 1st Wicketkeeper to Effect 100 Stumpings
Former India captain Mahendra Singh Dhoni became the first wicketkeeper in world cricket to effect100
stumpings in One Day Internationals (ODIs). Dhoni achieved the feat in his 301st ODI in Colombo, Sri
Lanka. 36-year-old Dhoni has also taken 281 catches apart from scoring 9,657 runs so far. In 90 Tests, Dhoni
has taken 256 catches and effected 38 stumpings. In T20 Internationals, Dhoni has taken 43 catches and
affected 23 stumpings.
Useful Info
Former Sri Lankan Skipper Kumar Sangakkara is on second position with 99 Stumpings on his name.
Sri Lanka qualify for ICC Cricket World Cup 2019
Sri Lanka has qualified for the ICC Cricket World Cup 2019 after West Indies lost the first ODI against
England at Old Trafford. The 1996 world champions have become the eighth and last team to qualify
directly, joining Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa.
Useful Info
Country – Sri Lanka
Capital – Colombo, Sri JayawardenepuraKotte
Currency – Sri Lankan Rupee
John Hastings Retires From Test and ODI Cricket
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
207
Australian fast bowler John Hastings has called it quits from Test Match and ODIs, citing recurring
injuries as the reason. The 31-year-old wants to solely focus on T20 cricket. He has represented Australia in
one test, 29 ODIs and 9 T20Is. In 2016 Hastings was the world's leading ODI fast bowler after picking up 29
wickets in 15 matches, the equal second-most dismissals alongside South Africa's Imran Tahir and behind
teammate Adam Zampa.
Useful Info
Country – Australia
Capital – Canberra
Currency – Australian Dollar
New Test Championship, ODI League Gets ICC‟s Nod
The International Cricket Council Board has given an in-principle nod to the proposed nine-team Test
Championship and a 13-team One-Day International league at the end of the meeting in Auckland. The Test
competition will begin after the 2019 World Cup and the 50-over event sometime in 2020. The Test
Championship will have nine teams play six series over two years – three at home and three away.
Useful Info
ICC Headquarters – Dubai
Chief executive officer of ICC - Dave Richardson
Shakib first from Bangladesh in MCC World Cricket Committee
Premier all-rounder Shakib Al Hasan became the first cricketer from Bangladesh to be inducted in the MCC
World Cricket Committee under the chairmanship of Mike Gatting. Also added to the committee are Suzie
Bates, Ian Bishop and Kumar Dharmasena. Shakib Al Hasan is regarded as one of Bangladesh's finest
players since they were awarded the Test status in 2000, with the all-rounder having played 51 Test matches
and 177 one-day internationals.
Useful Info
Michael Gatting is an English former Cricketer.
Suzie Bates is a New Zealand woman Cricketer.
Kumar Dharmasena is a Sri Lankan cricket umpire and former international cricketer, who played Tests and ODIs
for Sri Lanka.
Indian Pacer Ashish Nehra has Announced Retirement
Indian pacer Ashish Nehra has confirmed his retirement from International Cricket. He will play his last
match against New Zealand on November 1, 2017. The 38-year-old has represented India for 18 years. He has
played 17 Tests, 120 ODIs and 26 T20Is for India, taking 235 international wickets.
Useful Info
Ashish Nehra has picked up 235 wickets across all three international formats so far
Tennis
Indian wild card Nitin Kumar Sinha wins boys singles title of HCL Asian Junior Tennis Championship
Indian wild card Nitin Kumar Sinha today won the boys singles title of HCL Asian Junior Tennis
Championship. He defeated Malaysian player Christian Didier Chin in a final match held at the Shri Shiv
Chhatrapati Sports Complex, Mahalunge - Balewadi, in Pune.
RamkumarRamanathan lifts ITF men's Futures tennis title
India's RamkumarRamanathan lifted the ITF men's Futures tennis title after outplaying Raymond Sarmiento of
the USA in straight sets in Singapore. The top seeded Indian beat the second seeded player 6-2, 6-2 in the final
of event last night. It was the first title of the season for Ramkumar.
Bopanna & Dabrowski won the mixed doubles in French open
RohanBopanna won his first Grand Slam title.RohanBopanna and Gabriela Dabrowski won their mixed
doubles title in the French open tennis tournament.
Useful Info
RohanBopanna – India
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
208
Gabriela Dabrowski – Canada
Rafael Nadal wins French Open title
Rafael Nadal made history by winning a record 10th French men's Open title with victory over Stan Wawrinka
in the Paris final (French Open 2017). Nadal came through 6-2 6-3 6-1 against the Swiss third seed to claim his
15th major title. He becomes the first man or woman in the Open era to have won a Grand Slam tournament 10
times.
Useful Info
Rafael Nadal – Spain
Stan Wawrinka – Switzerland
Jelena Ostapenko won French Open title 2017
JelenaOstapenko won her first Grand Slam title by beating SimonaHalep 4-6, 6-4, 6-3 in just under two hours
in the women‘s final of the French Open 2017. With this win, the unseeded Latvian became the youngest
women‘s champion at Roland Garros in 20 years.
Useful Info
JelenaOstapenko – Latvia
SimonaHalep – Romania
Michael Venus-Ryan Harrison won French Open men's doubles title
Michael Venus became New Zealand's first Grand Slam champion since 1974 when he partnered American
Ryan Harrison to the French Open men's doubles title. Venus and Harrison defeated Santiago Gonzalez of
Mexico and American Donald Young 7-6 (7/5), 6-7 (4/7), 6-3 in the final at Roland Garros.
Roger Federer has clinched his ninth Halle Open title
Swiss legend Roger Federer has clinched his ninth Halle Open title after beating Alexander Zverev 6-1, 6-3 in
the final. The top seed Roger Federer showed no mercy with fourth seed Alexander Zverev after wrapping up
his ninth title in his 11th Halle final.
Useful Info
Roger Federer – Switzerland
Alexander Zverev– Germany
131st edition of the Wimbledon Championships tennis tournament – Winners List
131st edition of the Wimbledon Championships tennis tournament took place at All England Lawn Tennis and
Croquet Club in Wimbledon, London, United Kingdom from 3rd – 16th July 2017. It was played on grass
courts, organised by the All England Lawn Tennis Club and the International Tennis Federation and is part of
the ATP World Tour, the WTA Tour, the ITF Junior tour and the NEC Tour. Here is the complete list of all the
winners in different categories of Wimbledon 2017.
Category Winner Runners-up
Men‘s Singles Roger Federer (Switzerland) Marin Cilic (Croatia)
Women‘s Singles GarbineMuguruza (Spain) Venus Williams (USA)
Men‘s Doubles Lukasz Kubot (Poland) & Marcelo Melo
(Brazil)
Oliver Marach (Austria) & Mate Pavic
(Croatia)
Women‘s Doubles Ekaterina Makarova (Russia) & Elena
Vesnina (Russia)
Monica Niculescu (Romania) & Chan
Hao-ching (Chinese)
Mixed Doubles Jamie Murray (UK) & Martina Hingis
(Switzerland)
Heather Watson (UK) & Henri Kontinen
(Finland)
Useful Info
Wimbledon - The Championships, Wimbledon, commonly known simply as Wimbledon, is the oldest tennis
tournament in the world, and is widely regarded as the most prestigious.
Founded – 1877
Note: Roger Federer won a record eighth Wimbledon title
India has bagged total 24 medals at the Jordan Junior and Cadet Open table tennis tournament
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
209
India has bagged total 24 medals at the Jordan Junior and Cadet Open table tennis tournament.The event held
in Amman the capital of Jordan. The tally includes 7 Gold, 7 Silver and 10 Bronze medals. In the event India
was the second best finishers.
Useful Info
Country – Jordan
Capital – Amman
Currency - Jordanian dinar
Alexander Zverev Beats Roger Federer to Win Rogers Cup
Alexander Zverev won 6-3 6-4 at the Rogers Cup to claim his second Masters 1000 title and extend his
winning run to 10 matches. Zverev is the youngest Rogers Cup finalist since Novak Djokovic in 2007.
Alexander Zverev and Roger Federer now have five tournament titles this year.
Useful Info
Winner - Alexander Zverev (Germany)
Runner - Roger Federer (Switzerland)
Country – Germany
Capital – Berlin
Currency – Euro
Country – Switzerland
Capital – Bern
Currency – Swiss Franc
US Open Tennis Tournament 2017 Complete List of Winners
The 2017 US Open was the fourth and final Grand Slam event of the year. It was held on outdoor hard
courts at the USTA Billie Jean King National Tennis Center in New York City, USA. The tournament is an
event run by the International Tennis Federation (ITF). Rafael Nadalwas the winner of Men's Singles.
With this win, Nadal captured his third US Open title and his 16th Grand Slam title overall. Sloane
Stephens was the winner of Women's Singles. The 83rd-ranked Stephens is only the second unseeded woman
to win the tournament in the Open era.
Here is the complete list of winners/runner-ups of the Tournament:-
S. No. Event Winner Runner-Up
1. Men's Singles Rafael Nadal Kevin Anderson
2. Women's Singles Sloane Stephens Madison Keys
3. Men's Doubles Jean-JulienRojer / HoriaTecau Feliciano Lopez / Marc Lopez
4. Women's Doubles Chan Yung-jan / Martina Hingis Lucie Hradecka /
KaterinaSiniakova
5. Mixed Doubles Martina Hingis / Jamie Murray Chan Hao-ching / Michael Venus
Here is the name of players and the country from which they belong to:-
S. No. Name of Player Winner/Runner-Up Country
1. Rafael Nadal Spain
2. Kevin Anderson South Africa
3. Sloane Stephens USA
4. Madison Keys USA
5. Jean-JulienRojer Netherlands
6. HoriaTecau Romania
7. Feliciano Lopez Spain
8. Marc Lopez Spain
9. Chan Yung-jan Taiwan
10. Martina Hingis Switzerland
11. Lucie Hradecka Czech Republic
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
210
12. KaterinaSiniakova Czech Republic
13. Jamie Murray United Kingdom
14. Chan Hao-ching Taiwan
15. Michael Venus New Zealand
Roger Federer Cruises to Shanghai Masters Title
Roger Federer has brushed aside world number one Rafael Nadal 6-4 6-3 to win the Shanghai Masters and
register his fourth victory of the year over his Spanish rival. The Swiss world number two beat Nadal in the
finals of the Australian Open and Miami Masters and in the last 16 at Indian Wells earlier this year, and
never looked like losing to his long-time rival in Shanghai, firing 10 aces as he cruised to victory. Federer, the
only man who can still stop Nadal ending the year as number one, took an hour and 12 minutes to claim his
sixth title of the year and his second Shanghai crown with a clinical performance.
Useful Info
Rafael Nadal is a Spanish professional tennis player, currently ranked World Number 1 in men's singles
Roger Federer has also won a record eighth Wimbledon title & became the tournament‘s oldest champion with a
straight-sets victory over Marin Cilic. Federer claimed his 19th Grand Slam title in Wimbledon title 2017.
Rafael Nadal Wins China Open Title
World number one Rafael Nadal (Spain) won his sixth title of this year. He defeated Nick Kyrgios
(Australia) at the China Open 2017. Nadal, a 16-time Grand Slam winner, came to the Chinese capital Beijing
on the back of winning his third US Open.
Useful Info
Country – China
Capital – Beijing
Currency – Renminbi (Yuan)
Rafael Nadal – Spanish Professional Tennis Player
Table Tennis
England to host 2018 International Table Tennis Federation Team World Cup
The International Table Tennis Federation (ITTF) awarded hosting rights for the 2018 Team World Cup to
England.The Team World Cup is ITTF‘s second most prestigious tournament after the World
Championships.The 2018 Team World Cup will be staged at the iconic Copper Box Arena in London‘s Queen
Elizabeth Olympic Park from 22 February to 25 February 2018.The Team World Cup was last held in Dubai in
2015.
Badminton
K Srikanth lifts Indonesia Open Super Series badminton title
India's Kidambi Srikanth has lifted the Indonesia Open Super Series badminton title by defeating Japanese
qualifier Kazumasa Sakai in straight games 21-11, 21-19 in the Men's Singles final at Jakarta today.
Useful Info
Country – Indonesia
Capital – Jakarta
Currency - Indonesian rupiah
Kidambi Srikanth wins Australia Open Super Series
In Badminton, ace Indian shuttler Kidambi Srikanth has lifted the Australian Open Superseries trophy in
Sydney. In the summit clash, 11th world ranked Srikanth stunned former world number one and Rio Olympics
Gold medalist Chen Long of China in straight games, 22-20, 21-16. It was Srikanth's first victory over the
Chinese in 6 matches.
R. Karan Rajan became the champion of the Guatemala badminton future series
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
211
R. Karan Rajan of Chennai beat Hamblers Heymard of Guatemala 21-19, 21-12 in the final to emerge the
champion of the Guatemala badminton future series. Karan earlier upset the top-seed Ruben Castellanos in the
semifinals. He has now become the first player from Tamil Nadu to win an International singles event.
Useful Info
Country – Guatemala
Capital – Guatemala city
Currency – Guatemalan quetzal
PV Sindhu won the Silver medal in World Badminton Championship 2017
PV Sindhu won the Silver medal in World Badminton Championship 2017. She lost the historic match
against Japan‘s NozomiOkuhara in an epic final, in Glasgow, Scotland. In the longest match of the
tournament, Sindhu lost (19-21 22-20 20-22) after battling hard for one hour and 49 minutes.For India, it still is
a historic edition since for the first time country‘s shuttler are returning with two medals. SainaNehwal won a
bronze.
Useful Info
PV Sindhu – Indian Badminton Player
World Badminton Championship 2017–Glasgow, Scotland
Gold Medal winner - NozomiOkuhara (Japan)
Silver Medal Winner –PV Sindhu (India)
Bronze Medal Winner – SainaNehwal (India)
PV Sindhu rises a spot, K. Srikanth slips in latest badminton rankings
Olympic silver medallist P V Sindhu moved up a spot, while KidambiSrikanth slipped two places in the latest
BWF World ranking released. Sindhu reached the World No. 4 spot while Srikanth was placed at 10. Women's
doubles pair of AshwiniPonnappa and N Sikki Reddy rose a place to be placed at 24th spot, while Pranaav
Jerry Chopra and N Sikki Reddy were static at the 20th place. Among other Indians, SainaNehwal (16th), B
SaiPraneeth (19th), H S Prannoy (15th) and Ajay Jayaram (17th) remained static in their respective positions.
There were no Indian pair in the top 25 of men's doubles rankings.
PV Sindhu becomes the first Indian to win the Korea Open
PV Sindhu becomes the first Indian to win the Korea OpenSuperseries with an outstanding 22-20, 11-21,
21-18 win over NozomiOkuhara in the much-talked-about women's singles final in Seoul. Olympic silver
medallistshuttler P V Sindhu beat world champion NozomiOkuhara in a thrilling final to clinch the women's
singles title at the Korea Open Super Series.
Useful Info
Country – South Korea
Capital – Seoul
Currency – South Korean Won
PV Sindhu - Olympic silver medallistshuttler (India)
Sports Ministry Recommends P.V. Sindhu for Padma Bhushan
Olympic silver medallistshuttler P.V. Sindhu has been recommended for the prestigious Padma Bhushan,
country‟s third highest civilian award, by the Sports Ministry. She is two-time bronze medallist at World
Championship. In March 2015, Sindhu was awarded India‘s fourth highest civilian honour, the Padma Shri.
For the First Time, Five Indian Shuttlers in Top-20 of BWF Men‟s Rankings
For the first time, Five Indians are in the top-20 of the BWF men‟s singles rankings with H S Prannoy
being the biggest gainer after his quarterfinal showing at the Japan Open. Prannoy has jumped four places to be
world no.15.
The 5 Indian Shuttlers in the top 20 BWF men‟s singles rankings are- 1. KidambiSrikanth (8th)
2. HS Prannoy (15th)
3. B SaiPraneeth (17th)
4. Sameer Verma (19th)
5. Ajay Jayaram (20th)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
212
Football
Real Madrid won UEFA Champions League title
Real Madrid beat Juventus to win their UEFA Champions league title. Real Madrid won the title in
consecutive seasons. This is the first time in UEFA Champions League a team won consecutive seasons.
Germany has won their maiden Confederation Cup Football title
Germany have lifted their maiden Confederation Cup Football title. In the final played at St Petersburg, the
four-time World Cup winners defeated Chile by a solitary goal. Lars Stindl put Germany ahead in the first half
against the run of play, and Germany then held on to the lead.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
Chancellor – Angela Merkel
Krestovsky Stadium - Saint Petersburg, Russia
India expresses interest in hosting FIFA U-20 World Cup 2019:
The All India Football Federation (AIFF) has submitted an expression of interest to host the Under-20 FIFA
World Cup in 2019. Preparing to organise October's FIFA Under-17 World Cup, AIFF president Praful Patel
has said that hosting the FIFA Under-20 World Cup would be the next "logical step for the development of
football in India".
India has moved four places up to the 96th position in the FIFA World Ranking
India has moved four places up to the 96th position in the FIFA World Ranking released recently. This is the
country‘s second-best ranking and its previous best was the 94th position in February 1996.
Useful Info
FIFA - FédérationInternationale de Football Association
HQ - Zürich, Switzerland
President - Gianni Infantino
Italian football legend Francesco Totti anounced his retirement
Italian football legend Francesco Tottianounced his retirement from football after spending his 25- year-long
playing career with Seria A club Roma
Useful Info
Country – Italy
Capital – Rome
Currency - Euro
FIFA have lifted their ban on the Sudan Football Association
World football's governing body FIFA lifted the ban on the Sudan Football Association (SFA) imposed on it
for the failure to abide by agreements mentioned in articles 14 and 19 of the FIFA statute. The SFA and its
member officials are now eligible to benefit from the FIFA development program, course or training.
Useful Info
FIFA Headquarters - Zürich, Switzerland
Motto – For the Game. For the World
President - Gianni Infantino
Country – Sudan
Capital – Khartoum
Currency - Sudanese pound
Indonesia to host AFC U-19 championship 2018
The Asian Football Confederation (AFC) Competition Committee officially awarded Indonesia the hosting of
the AFC Under-19 championship 2018. The AFC U-19 championship is scheduled to be held from October 18
to November 4 of 2018.
Useful Info
AFC - Asian Football Confederation
Headquarters of AFC - Kuala Lumpur, Malaysia
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
213
Country – Indonesia
Capital – Jakarta
Currency – Indonesian rupiah
Country - Malaysia
Capital – Kuala Lumpur
Currency – Malaysian ringgit
Neymar signs world record deal with Paris Saint-Germain (PSG)
Neymar has become the most expensive player in football history after completing his blockbuster transfer to
Paris Saint-Germain from Barcelona for 222 million euros ($262 million). Neymar had signed a five-year
contract to PSG until June 2022. This is the first time in history that a French club has broken the record, with
Spanish, Italian and English clubs.
Useful Info
Neymar - Neymar da Silva Santos Júnior, commonly known as Neymar or Neymar Jr., is a Brazilian professional
footballer who plays as a forward for French club Paris Saint-Germain and the Brazil national team.
PSG - Paris Saint-Germain Football Club, commonly known as Paris Saint-Germain and familiarly as PSG or
Paris SG, is a French sports club founded in 1970, and based in the city of Paris in France.
Real Madrid won the 2017 UEFA super cup football tournament
Real Madrid, a professional football club of Spain, has won the 2017 UEFA Super Cup football tournament
by defeating Manchester United in the final by 2-1.
Useful Info
Winner – Real Madrid
Runner – Manchester United
UEFA – Union of European Football Associations
HQ of UEFA - : Nyon, Switzerland
India drops one spot to 97th in latest FIFA rankings
According to the previous FIFA rankings ,India dropped one step to be placed 97th
in the latest edition of the
FIFA rankings issued.Among Asian countries, India is the 12th highest ranked team in the continent while
Iran leads the chart at 24th spot.
Useful Info
Ranking List
India‘s Rank – 97th
1.Brazil
2.Germany
3.Argentina
4.Switzerland
5.Poland
6.Portugal
7.Chile
8.Colombia
9.Belgium
10.France
FIFA – Fédération Internationale de Football Association (FIFA "International Federation of Association
Football")
FIFA HQ - Zürich, Switzerland
President - Gianni Infantino
Cristiano Ronaldo was banned for five-match by the Spanish football federation
World Player of the Year, Cristiano Ronaldo was banned for five-match by the Spanish football federation.
He has been banned for pushing the referee after being sent-off in Real Madrid's 3-1 win over Barcelona in the
First Leg of Spanish Super Cup. Ronaldo received an automatic one-match ban for his dismissal and an extra
four games for his reaction towards referee Ricardo de Burgos Bengoetxea. He has also been fined 4,500 US
dollars and has 10 days to appeal the ban.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
214
Cristiano Ronaldo - Portuguese professional footballer
He plays as a forward for Spanish club Real Madrid and the Portugal national team.
Cristiano Ronaldo has won Fifa's world player of the year award for the fourth time after winning both major
European titles in 2016.
Country – Portugal
Capital – Lisbon
Currency – Euro
Indian U-15 Football Team Wins SAFF Championships
The Indian U-15 football team completed a brilliant comeback win over Nepal to win the SAFF U-15
Championships in Kathmandu, Nepal. They were trailing 0-1 at the interval, but second half goals from
Lalrokima and Vikram clinched the trophy for the Indian side.
Useful Info
Final match between India & Nepal
Final match held at - ANFA Complex, Lalitpur in Nepal
Winner – India
Runner – Nepal
Messi Becomes First Ever Player to Score 350 La Liga Goals
Barcelona forward Lionel Messi scored a second-half brace against Alaves, becoming the first ever player
to score 350 goals in La Liga.Messi's best goal tally for a season came in 2011/12 when he netted 50 goals in
37 appearances. Messi, who has played 384 league matches, is now 66 goals ahead of rival Cristiano Ronaldo.
Useful Info
Lionel Andrés Messi- Argentine professional footballer
He plays as a forward for Spanish club FC Barcelona and the Argentina national team.
Country – Argentina
Capital – Buenos Aires
Currency –Argentine peso
Real Madrid beat Barcelona 5-1 on aggregate to win Super Cup
European and Spanish Champions Real Madrid, playing without Cristiano Ronaldo, downed rivals Barcelona
5-1 on aggregate, after a 2-0 second-leg win on Wednesday, to win the Spanish Super Cup. This was the Los
Blancos' 10th Super Cup, compared to Barcelona's 12. Over the two legs, Real youngster Marco Asensio
scored two long-range goals while Messi scored Barcelona's only goal.
England striker Wayne Rooney retires from international football
Former England captain Wayne Rooney announced his retirement from international football, ending a 14-year
career. With this, Rooney also leaves as England's most-capped outfield player with 119 appearances.
Official Slogan and Emblem of FIFA Women‟s World Cup France 2019 launched
The official emblem and slogan for FIFA Women's World Cup France 2019 were unveiled in Paris,
France. The emblem features the competition trophy wrapped in blue and white, with eight shards of light
around football at the top of the trophy symbolizing the eighth edition of the FIFA Women's World Cup.The
slogan of the tournament "Dare To Shine" reflects the development of football, especially women's football.
FIFA President Gianni Infantino and French Football Federation (FFF) President Noel le Graet attended the
unveiling event.
Useful Info
Gianni Infantino is the President of FIFA
Eighth edition of the FIFA Women's World Cup 2019 – France
Slogan of the tournament "Dare To Shine"
First Indian team for FIFA U-17 World Cup announced
The first ever Indian squad to participate in the a FIFA World Cup, U-17 World Cup Squad has been
announced. The 21 players who will participate in the World Cup Squad include Dheeraj Singh, Prabhsukhan
Gill, Sunny Dhaliwal Boris Singh, Jitendra Singh, Anwar Ali, Sanjeev Stalin and Hendry Antonay. FIFA U-17
World Cup is scheduled to start in Panaji from 6 October. India will take on USA on 6 October, followed by
Colombia and Ghana on 9 and 12 October respectively at New Delhi.
FIFA U-17 World Cup 2017 Started
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
215
The much-awaited FIFA U-17 World Cup started with four opening day matches to be played in Delhi and
Mumbai. The opening matches would be played by teams in Group A and B. In Delhi, the inaugural match
would be played between Group A teams Colombia and Ghana at Jawahar Lal Nehru Stadium, followed by
hosts India who would take on Team USA in the second match. In Mumbai, Group B team New Zealand
would be taking on Turkey in the first game at DY Patil stadium in Navi Mumbai.
Useful Info
The Official Mascot of the FIFA U-17 World Cup India 2017 is a clouded leopard called Kheleo.
This is the first FIFA tournament hosted by India.
The final will be held at the Salt Lake Stadium in Kolkata on 28 October 2017.
Iceland, Smallest Country to Qualify for Football World Cup 2018
Iceland created history by qualifying for the 2018 World Cup. This is the first time that Iceland qualified for
the World Cup. Gylfi Sigurdsson and Johann Berg Gudmundsson scored 2-0 against Kosovo to bag a spot in
Group I of UEFA (Union of European Football Associations) World Cup Qualifying. Iceland became the
smallest country to clinch a position at the 21st FIFA World Cup. The previous smallest country to have
reached the World Cup was Trinidad & Tobago.
Useful Info
Country – Iceland
Capital – Reykjavík
Currency – Icelandic króna
21st FIFA World Cup will be held in 2018 in Russia.
This is the first time when Iceland and Panama will be participants.
FIFA Suspends Pakistan Football Federation
FIFA has decided to suspend the Pakistan Football Federation (PFF) with immediate effect in accordance
with the decision of the Bureau of the FIFA Council on account of undue third-party interference. The national
and club teams will not be allowed to take part in international competitions till the suspension is lifted. FIFA
suspended PFF since its accounts were in control of a court-appointed administrator, which is against FIFA
rules. The suspension will be lifted when the body becomes independent.
Useful Info
FIFA – Fédération Internationale de Football Association
Headquarters of FIFA – Zürich, Switzerland
President of FIFA - Gianni Infantino
Arjen Robben Retires from International Football
Netherlands captain Arjen Robben announced the end of his international career after his country failed to
reach the 2018 World Cup finals despite a 2-0 win over Sweden. The 33-year-old Robben scored 37 times in
96 appearances for The Netherlands and helped them reach the 2010 World Cup final where they lost 1-0 to
Spain after extra-time.
Useful Info
Country – Netherland
Capital – Amsterdam
Currency – Euro
India Beat Macau to Qualify for 2019 AFC Asian Cup
Indian football team has qualified for the 2019 Asian Cup after they had a convincing 4-1 win over Macau
with two matches still to go in the qualifying round. This is the third time the country has qualified for the
continental showpiece. India has qualified for the AFC Asian Cup finals only twice in the past 37 years. The
last time it happened was in 2011 and their only appearance before that was way back in 1984.
Useful Info
The 2019 FC Asian Cup will be held in the United Arab Emirates.
Mohun Bagan Lift Governor's Gold Cup for 10th Time
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
216
Maidan heavyweights Mohun Bagan has won the 37th All India Governor's Gold Cup football tournament
for the 10th time by defeating Partha Chakra by a narrow 1-0 margin. In the final match played at Paljor
Stadium (Gangtok), Mohun Bagan's striker GA Kramah scored the lone goal in the seventh minute. Chief
Minister of Sikkim Pawan Kumar Chamling attended the final and gave away trophies and cash prize to
winners and the runner-up.
Useful Info
Paljor Stadium, also known as Palzor Stadium is an association football stadium located in Gangtok, Sikkim.
Mohun Bagan is a football club based in Kolkata, West Bengal.
Wrestling
ManjuKumari and Veer DevGuliawins bronze in Junior World Wrestling Championships
India‘s ManjuKumariwon the bronze medal in women‟s 59kg category of the Junior World Wrestling
Championship in Tampere, Finland.In the men‟s 74kg freestyle category at the Junior World Wrestling
Championships, Veer DevGulia won bronze medal after defeating Yamasaki Yajuro of Japan by 8 -5 in
the bronze medal play-off bout.
Useful Info
ManjuKumari (India) – Women‘s 59Kg category
Veer Dev (India) – Men‘s 74Kg freestyle category
Junior World Wrestling Championship 2017 - Tampere, Finland
India Wrestler Sonam Malik won a gold medal in Cadet World Wrestling Championship
India Wrestler Sonam Malik won a gold medal by defeating Japanese Wrestler SenaNagamoto by 3-1 points
on the fourth-day of Cadet World Wrestling Championship in Athens. The other female Wrestler Neelam
also bagged Bronze Medal in 43-kilogram weight category. Wrestler Anshu will fight for Gold Medal with
Japanese Wrestler Naomi Ruike in 60-kilogram weight category.
Useful Info
World Wrestling Championship 2017 – Athens
Country – Greece
Capital – Athens
Currency – Euro
Gold Medal - Sonam Malik
India to Host Commonwealth Weightlifting Championships in 2019
India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting
Championships. The Executive Board of Commonwealth Weightlifting Federation met at Gold Coast,
Australia and decided to allot the 2019 edition of the competitions to India. The current edition of the
tournament is being held at the Gold Coast, Australia.
Athletes
World Athletics Championships: Wayde Van Niekerk retains men's 400m title
World Athletics Championships, Olympic Champion Wayde Van Niekerk won the men's 400 meters event and
retained his title in London.
Useful Info
World Athletics Championships 2017 – London
Wayde Van Niekerk – South African Athlete
AnuRaghavan sets a new 400m hurdle records
AnuRaghavan beat the seasoned JaunaMurmu in the women‘s 400m hurdles in a new meet record of 57.39
seconds on the opening day of the 21st Federation Cup athletics at the NetajiSubhash National Institute of
Sports complex
ManpreetKaur, GovindanLaxmanan win gold in Asian Athletics Championships
India‘s ManpreetKaur claimed the gold medal in the women‘s shot put on the opening day of the Asian
Athletics Championships 2017 at the Kalinga Stadium, Bhubaneswar, Odisha. GovindanLaxmanan emerged
triumphant in the men‘s 5,000 meters and has also won Gold Medal.
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
217
Useful Info
Kalinga Stadium – Bhubaneshwar
India has topped the medal tally for first time in Asian Athletics Championships history
India has topped the medal tally for the first time in the history of Asian Athletics Championships. In a
stunning show of dominance on the fourth and final day of competitions in Bhubaneshwar, India clinched five
gold, 1 silver, and 3 bronze. With that, the hosts ended the championships on top with a haul of 29 medals
which included 12 gold, 5 silver, and 12 bronze. India‘s earlier best came way back in the 1985 Jakarta edition
where they had won 22 medals. India pushed China to the second spot (20 Medals). China ended this edition
with a tally of 8 gold, 7 silver, 5 bronze. Kazakhstan finished third (8 Medals) with 4 gold, 2 silver, 2 bronze
while Iran ended on fourth with 4 gold and 1 bronze.
Useful Info
22nd
Asian Athletics Championships, at Kalinga Stadium in Bhubaneshwar, odisha
Mascot – olly (Olive Ridley sea turtle)
Flag bearer – Tintu Luka
Oath taken by – Sravani Nanda
Special performance by famous singer – Shankar Mahadevan
Total 45 nations, 655 participants
1st India‘s Total Medal – 29
2nd
China‘s Total Medal – 20
3rd
Kazakhstan Total Medal – 8
AmitSaroha won silver medal at the World Para Athletics Championships 2017
Former national-level hockey player AmitSaroha, who met with an accident in 2007, clinched the Silver medal
in the club throw event in the F-51 category at the World Para Athletics Championships.
Useful Info
World Para Athletics Championships 2017 venue – London
KaramjyotiDalal has won bronze medal at the World Para Athletics Championships 2017
India‘s KaramjyotiDalal has won bronze medal at the World Para Athletics Championships 2017 in the discus-
throw. In the women‘s F55 category of discus-throw, she managed a throw of 19.02 m. Earlier,Sundar Singh
Gurjar had opened India‘s account at the 2017 World Para Athletics Championships by winning gold medal in
the men‘s javelin throw event. Later, AmitSaroha won silver medal in the club throw event in the F-51
category.
Useful Info
World Para Athletics Championships 2017 – London
The first IPC Athletics World Championships were held in Berlin, Germany in 1994.
Ajay Singh has won the bronze medal in Asian Youth and Junior Weightlifting Championships at
Kathmandu
India‘s Ajay Singh has won the bronze medal in Asian Youth and Junior Weightlifting Championships at
Kathmandu, taking India‘s tally to three. Ajay got third place in 77 kgs men‘s junior category lifting 143 kgs in
snatch and 172 kgs in clean and jerk. S. Nirpupama Devi had won bronze in 69 kgs women youth category.
KonsamOrmila Devi had won gold in 44kg weight category on an opening day.
Useful Info
Asian Youth and Junior Weightlifting Championships 2017 – Kathmandu
Country – Nepal
Capital – Kathmandu
Currency – Nepalese Rupee
Prime minister of Nepal - SherBahadurDeuba
President of Nepal – Bidhya Devi Bhandari
20-year-old CaelebDressel becomes first ever Swimmer to win three gold medals in one night at worlds
Championship
The 20-year-old CaelebDressel established himself as America‘s newest star of the pool recently, becoming the
first swimmer to win three gold medals on a single night at either the worlds or the Olympics. CaelebDressel
accomplished this feat at 2017 FINA World Aqatics Championships in Budapest, Hungary. Not even Phelps
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
218
managed such an audacious feat. Dressel raced three times over the course of about two hours — and won
every time.
Useful Info
FINA World Aqatics Championships 2017, Budapest, Hungary
Country – Hungary
Capital – Budapest
Currency – Hungarian Forint
CaelebDressel – American Swimmer
Michel Phelps – He is the world‘s best swimmer from USA
Britain‟s Adam Peaty broke the 50m breaststroke world record for the second time
Britain‘s Adam Peaty broke the 50m breaststroke world record for the second time in a day as he reached the
World Aquatics Championships final in Budapest, Hungary. In medal tally US topped with 39medals (17 Gold,
12 Silver and 10 Bronze).
Useful Info
World Aquatics Championships 2017 – Budapest, Hungary
Adam Peaty – British Swimmer
World Athletics Championships begins in London; 25 Indian players to participate
The World Athletics Championships begins in London. 25 Indian athletes are taking part in the ten days grand
event. Experts are hoping a medal for India from world junior record holder javelin thrower Neeraj Chopra.
Everything depends on this 19-year-old Haryana athlete's performance on whether India manages to put an end
to the medal drought since 2003.
Useful Info
World Athletics Championships 2017 – London
Country – United Kingdom
Capital – London
Currency – Pound Sterling
Usain Bolt finishes 3rd in World Athletics Championship
Usain Bolt has finished third in his final individual event at the World Athletics Championships. Justin Gatlin
from USA has received gold and Bolt had to settle for Bronze in 100 m Final. Justin Gatlin has won with a
time of 9.92 as Bolt came third in 9.95. American Christian Coleman took silver with 9.94 having beaten
Bolt in the semi-finals.
Useful Info
16th
World Athletics Championship 2017 – London
Men‘s 100m Final Result
Justin Gatlin (USA) – Gold
Christian Coleman (USA) – Silver
Usain Bolt (Jamaica) – Bronze
Davinder Singh Kang, First Indian to Qualify for Javelin Throw Finals
Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw
World Championships while his compatriot Neeraj Chopra crashed out in the qualification round. He had an
82.22m in his opening throw and then came up with 82.14m in his second. No Indian has ever qualified in the
men‘s javelin throw final round in any world championship.
Useful Info
IAAF World Championship 2017 – London
Vijender Singh beats ZulpikarMaimaitiali to win WBO Oriental Super Middleweight title
Indian professional boxer Vijender Singh outslugged his Chinese opponent ZulpikarMaimaitiali to retain the
WBO Asia Pacific Super Middleweight title and win the WBO Oriental Super Middleweight title. In the pro
boxing bout, termed as 'Battleground Asia', at Mumbai, Vijender recorded a unanimous decision win over his
Chinese opponent and continued his undefeated streak. It was Beijing Olympic bronze medallist's ninth
successive win in his professional career.
Useful Info
Winner – Vijender Singh (India)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
219
Runner - ZulpikarMaimaitiali (China)
The greatest sprinter of modern times, Usain Bolt from Jamaica retired from the Athletics
The greatest sprinter of modern times, Usain Bolt from Jamaica retired from the Athletics world. But at
farewell Race, he injured himself while running the last lap of the men's 4x100m relay race in the World
Athletics Championships in London. Running the final race of his career, the 30-year-old Bolt, after taking
the baton from his Jamaican teammate Yohan Blake, suffered cramps on his left hamstring.
Useful Info
Usain Bolt – A pure Non-drug Athlete in the History
Country – Jamaica
Capital – Kingston
Currency – Jamaican dollar
16th edition of IAAF (International Association of Athletics Federations) World Championships 2017
The 16th edition of IAAF (International Association of Athletics Federations) World Championships 2017
was held in London. The championships were held in the London Stadium in Stratford. 'Hero-the Hedgehog'
was a Mascot of 2017 IAAF World Championships and 'Whizbee-the Bee' was the Mascot for the Para
Athletics.
Useful Info
Top 5 Countries in the list of Medals US (30 Medals)
Kenya (11 Medals)
Great Britain (6 Medals)
Poland (8 Medals)
China (7 Medals)
Legendary Sprinter Usain Bolt Retires.
Justin Gatlin wins men‘s 100m gold.
Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw at World
Championships.
High jump champion Ruth Beitia of Spain receives Fair Play Award.
Indian athletes bag record 37 medals at World Dwarf Games in Canada
The 21-member Indian contingent captured a record haul of 37 medals at the recently concluded 7th World
Dwarf Games in Canada. India won 15 gold, 10 silver and 12 bronze medals across events at the games, which
saw participation of nearly 400 athletes from 24 countries. Indian athletes were felicitated at the Indian
consulate in Toronto on Independence Day.
Asian Indoor Games: Purnima Wins Gold in Pentathlon
India won its first athletics gold, through PurnimaHembram in women‘s pentathlon, in the fifth Asian
Indoor and Martial Arts Games at Ashgabat, Turkmenistan. India also got two silvers, through
SanjivaniJadhav in women‘s 3000m and Tejinder Singh Toor in men‘s shot put, and a bronze through
Kerala‘s V. Neena in women‘s long jump.
Useful Info
Country – Turkmenistan
Capital – Ashgabat
Currency – Turkmenistan manat
G. Lakshmananand P. U. Chitra won gold medals in the athletics events
Asian champions G. Lakshmananand P. U. Chitra won gold medals in the athletics events of the fifth
Asian Indoor and Martial Arts Games in Ashgabat, Turkmenistan.Tamil Nadu‘s Lakshmanan won the
men‘s 3000m while Kerala‘s Chitra, who was not cleared by the national body Athletics Federation of India for
the recent World Championships in London despite making the cut, took the women‘s 1500m title.
Useful Info
Fifth Asian Indoor and Martial Arts Games in Ashgabat, Turkmenistan
Country –Turkmenistan
Capital –Ashgabat
Currency –Turkmenistan manat
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
220
Lakshmanan Wins 5,000m gold in Athletics Nationals
Reigning Asian champion GovindanLakshmananof Services cruised to victory in the men‘s 5000-metre
race on the opening day of the 57th National Open Athletics Championships at the Nehru Stadium in Chennai.
Lakshmanan has recently won gold in the 3,000m event at the Asian Indoor Games in Ashgabat, Turkmenistan.
Chess
Vietnam Grand Master Nguyen DucHoa bags Mumbai Mayor Chess title
Vietnam Grand Master Nguyen DucHoa clinched a decisive win against Indian GM Neelotpal Das in the 10th
and concluding round to finish with 8.5 points and emerge champion of the 10th Mumbai Mayor's Cup
International Open Chess Tournament.
Useful Info
Country – Vietnam
Capital – Hanoi
Currency – Dong
Boxing
AIBA has announced that India will host their first Men‟s World Championship in 2021
The International Boxing Association (AIBA) has announced that India will host their first Men‘s World
Championship in 2021. The announcement was made after a two-day executive committee meeting that was
held in Moscow. The AIBA Men‘s World Championships 2019 will be held in Russia city of Sochi. The 2018
Women‘s World Championships will also be held in New Delhi.
Useful Info
AIBA - The International Boxing Association, originally the Association Internationale de Boxe Amateur and
still referred to as the AIBA
HQ - Lausanne, Switzerland
President - Dr Wu Ching-kuo
Shiva Thapa and Manoj Kumarwon gold in Czech Republic tournament
Indian boxers have bagged a total of 8 medals at the 48th Grand Prix at Usti Nad Labem in Czech Republic.In
the tournament out of the eight, five were gold medals. The three other medals are two silver and one
bronze. The five gold medals for India were bagged by world championships bronze-medallist Shiva
Thapa(60kg), former Commonwealth Games gold-medallistManoj Kumar(69kg), AmitPhangal,
GauravBidhuri(52kg) and Satish Kumar(+91kg).The two boxers who finished with silver medals were
KavinderBisht in the 52kg category and Manish Panwar in the 81kg category.SumitSangwan has awarded
bronze medal at 91 kg.
Useful Info
Country - Czech Republic
Capital –Prague
Currency –Czech koruna
Boxer Sachin Siwach wins Gold at Commonwealth Youth Games
World Youth Champion SachinSiwach clinched a gold medal at the Commonwealth Youth Games, Bahamas
after defeating Welsh boxer James Nathan Prober 4-1 in the final. Siwach, who won gold last year, was the
only one of the 103 boxers to have clinched a gold so far in the tournament, taking place in Bahamas. He had
stormed into the finals after defeating SA Kuse 5-0. The World Youth Champion was also the flag bearer of
India for the tournament.
Useful Info
Commonwealth Youth Games 2017 – Bahamas
Country – Bahamas
Capital – Nassau
Currency - Bahamian dollar
India bagged two gold in the 6th Golden Glove Women's Boxing Tournament at Vojvodina, Serbia
India bagged two gold in the 6th Golden Glove Women's Boxing Tournament at Vojvodina, Serbia.While
Jyoti won Gold in 51 kg category, and Vanlalharitpuii bagged it 60 kg category. In all, India won two gold,
four silver and four bronze medals in the tournament. The silver medals were clinched by Anjali in
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
221
48kg,Sakshi in 54kg, Ashtha in 69kg and Anupama in 81kg categories. Mandeep in 57kg, Nisha in 64kg,
Shruti in 75kg and Neha in 81+kg category settled for bronze medals.
Useful Info
6th Golden Glove Women's Boxing Tournament - Serbia
Country – Serbia
Capital – Belgrade
Currency – Serbian dinar
India Won Total 10 Medals
2 Gold Medals
Jyoti - 51 kg category
Vanlalharitpuii - 60 kg category
4 Silver Medals
Anjali - 48kg category
Sakshi - 54kg category
Ashtha - 69kg category
Anupama - 81kg category
4 Bronze Medals
Mandeep - 57kg category
Nisha - 64kg category
Shruti - 75kg category
Neha - 81+kg category
Indian women's boxing's first foreign coach, StephaneCottalorda,has resigned
Indian women's boxing's first foreign coach, StephaneCottalorda, has resigned after just one month of
appointment, alleging delay in salary and other payments. Cottalorda has claimed in his resignation letter that
he hasn't been paid his salary for the first month in full and has also cited 'lack of professionalism' on part of
Boxing Federation of India (BFI) as his reasons for not coming back to India.
India to host South Asian boxing Championship in Guwahati
India will host the South Asian Boxing Championship for the first time in Guwahati from December 6 to 10.
Boxing Federation of India (BFI) after its executive committee meeting, stated that the country will also host
the „India International Open tournament‟ in New Delhi in the third week of January. RK Sacheti has been
unanimously elected as the new Executive Director of the federation. For the first time, it will initiate a grading
system as well on the lines of AIBA‘s star rating qualifications for coaches, referee judges.
Useful Info
State – Assam
Capital – Dispur
CM – SarbanandaSonowal
Governor – BanwarilalPurohit
Golf
Atthaya Thitikul, a 14-year-old amateur from Thailand has won on the Ladies European Tour
AtthayaThitikul, a 14-year-old amateur from Thailand has won on the Ladies European Tour, supplanting
Lydia Ko as the youngest champion on the circuit. She clinched a two-stroke victory at the Ladies European
Thailand Championship at Phoenix Country Club in Pattaya. New Zealander Ko held the previous record as the
youngest winner on the tour, after claiming the 2013 New Zealand Open at the age of 15 years, nine months
and 17 days.
Useful Info
The Ladies European Tour is a professional golf tour for women. It was founded in 1978.
Country – Thailand
Capital – Bangkok
Currency - Thai baht
Indian golfer DikshaDagar won a Silver medal in Deaflympics in Samsun, Turkey
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
222
Indian golfer DikshaDagar won a Silver medal in the women's individual golf event at the Deaflympics in
Samsun, Turkey. Diksha is the only Indian golfer (Under-18) to be ranked in the top 500 worldwide.
Useful Info
Deaflympics 2017 – Samsun, Turkey
Country – Turkey
Capital – Ankara
Currency – Turkish Lira
Hockey
ONGC beats Bengaluru Hockey 4-2, wins MCC-Murugappa Gold Cup
Oil and Natural Gas Corporation (ONGC) has beaten Bengaluru Hockey Association (BHA) by 4-2 in the
final in 91st All-India MCC-Murugappa Gold Cup hockey tournament held at Mayor
Radhakrishnanstadium ,Egmore Chennai.
Useful Info
91st All India MCC-Murugappa Gold cup Hockey Tournament
Winner – ONGC
Runner – Bengaluru Hockey Association
Best forward: Jenjen Singh (Bengaluru HA)
Best mid-fielder: Machaiah (ONGC)
Best goalkeeper-defender: Diwakar Ram
Most promising player: Sanjay Xalxo (Odisha)
Man of the final: Rajkumar Pal (BHA).
Hockey India has sacked national coach RoelantOltmans
Hockey India has sacked national coach RoelantOltmans after a string of unimpressive outings at the
international level. High-Performance Director David John will be in charge till a suitable replacement is
found for a smooth transition of the men‘s team. The decision was taken during the three-day meeting of the
Hockey India High Performance and Development Committee, which concluded.
Useful Info
Major Dhyan Chand is the legendary Indian Hockey Player.
The National Sports Day in India is celebrated on 29 august every year. This day marks the birthday of Dhyan
Chand.
Squash Sport
Harinder Pal Sandhu won the South Australian Open squash title
India‘s Harinder Pal Sandhu has defeated Rhys Dowling of Australia to lift South Australian Open squash title.
Useful Info
Winner - Harinder Pal Sandhu (India)
Runner - Rhys Dowling (Australia)
Harinder Pal Sandhu beat Rhys Dowling of Australia in the final of South Australian Open squash title
India‘s Harinder Pal Sandhu beat Rhys Dowling of Australia in the final to lift South Australian Open squash
title. He mounted a comeback to win it on extra points.
Useful Info
DipikaPallikal was the Champion of 2016 South Australian Open title
Harinder Pal Sandhu wins Victorian Open squash tournament held at Melbourne, Austraila
India's Harinder Pal Sandhu has won the second title in two weeks, beating top-seed Rex Hedrick of Australia
in a 77-minute final of Victorian Open squash, a PSA Tour event, in Melbourne, Austraila. Third-seeded
Sandhu had recently won the South Australian Open. In the Women‘s PSA W10 final, Hong Kong‘s Tsz-Ling
showed every bit of her undoubted class in a straight games victory over fourth seed, Amanda Landers-
Murphy.
Useful Info
Country – Australia
Capital – Canberra
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
223
Currency – Australian Dollar
PM - Malcolm Turnbull
Neel Joshi, AnanyaDabkewin Dutch Open Junior Squash Championship
Mumbais Neel Joshi and AnanyaDabke bagged the under-15 boys and girls titles respectively in the Dutch
Open Junior Squash Championship in Amsterdam, Netherlands.
Useful Info
Country – Netherland
Capital – Amsterdam
Currency - Euro
Snooker
India won the Asian snooker team championship at Bishkek, Kyrgyzstan
India‘s leading cueist PankajAdvani teamed up with LaxmanRawat to demolishPakistan in the final of
theAsian Team Snooker championship.
Useful Info
Country – Kyrgyzstan
Capital –Bishkek
Currency – Som
I H Manudevhas won the first National Masters snooker tournament title in Chennai
I H Manudevhas won the first National Masters snooker tournament title in Chennai. Alok Kumar, a former
national men‘s champion, had been in fine form coming into the summit clash but found Karnataka‘s Manudev
a tough proposition. Manudev capitalized on the chances he got and kept scoring heavily and won the game by
four impressive frames.
Anupama Clinches World Open Under-16 Snooker Championship Title
India‘s Anupama Ramachandran has clinched the World Open Under-16 Snooker Championship title at
St. Petersburg in Russia. In the girls category, second seed Anupama Ramachandran of India knocked out her
compatriot and top seed Keerthana Pandian 3-1 to become World Open Under-16 champion.
Shuttle
Indian shuttler the men's singles and men's doubles title at Lagos International challenge in Nigeria
Indian shuttler C Rahul Yadav and men's doubles pair of Manu Attri and B Sumeeth Reddy clinched the men's
singles and men's doubles title respectively at Lagos International challenge in Nigeria. Rahul surpassed
another Indian player Karan RajanRajarajan in the final clash to the title at the MoladeOkoya-Thomas Hall of
the TeslimBalogun Stadium. In the doubles pair, Manu and Sumeeth, who played at the Rio Olympics,
defeated local pair of Godwin Olofua and AnouluwapoJu won Opeyori.
Useful Info
Men‘s Single – C Rahul Yadav
Men's doubles - Manu Attri and B Sumeeth Reddy
Country – Nigeria
Capital – Abuja
Currency – Naira
Young Indian shuttler LakshyaSen Wins Bulgaria Open International Series
Young Indian shuttler LakshyaSen clinched the Bulgaria Open International Series title after notching up a
hard-fought win over Croatia‘s ZvonimirDurkinjak in the men‘s singles final in Sofia, Bulgaria. The 16-year-
old shuttler defeated second seed Zvonimir 18-21 21-12 21-17 in a 57-minute match.
Useful Info
Country – Bulgaria
Capital – Sofia
Currency – Bulgarian lev
Shotgun
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
224
KynanChenai wins bronze at 7th Asian Shotgun Championship
Indian shooter KynanChenai won a bronze in men's trap event, his first international medal at the senior level,
at the 7th Asian Championship Shotgun at Astana, Kazakhstan.
Useful Info
7th
Asian Shotgun Championship - Astana, Kazakhstan
Country – Kazakhstan
Capital – Astana
Currency - Kazakhstani Tenge
Asian Shotgun Championship: Kynan, Shreyasi win bronze in mixed team trap event
KynanChenai and Shreyasi Singh of India have won bronze in mixed team trap event in Asian Shotgun
Shooting Championship in Astana, Kazakhstan. The Indian pair defeated Lebanan shooters 40-38. It is India's
4th medal in the Championship. KynanChenai had also won bronze in men's trap event.
Useful Info
Asian Shotgun Shooting Championship 2017 – Astana, Kazakhstan.
Country – Kazakhstan
Capital – Astana
Currency – Kazakhstani Tenge
Mairaj-Rashmmi pair bags gold at Asian Shotgun Championship
India bagged a gold medal in the skeet mixed team event. The Indian duo of Mairaj Ahmad Khan and
RashmmiRathore eked out a narrow 28-27 win over the Chinese pair of Liu Jiangchi and GaoJianmei. The host
combination of VladislavMukhamediyev and Olga Panarina settled for the bronze.
Useful Info
Asian Shotgun Championship 2017 – Kazakhstan
Country – Kazakhstan
Capital – Astana
Currency - Kazakhstani Tenge
ShapathBharadwaj wins bronze at Junior Shotgun World Cup
Teenager ShapathBharadwaj today won a bronze medal in the double trap event while LakshaySheoran and
ManishaKeer combined to win a bronze in the mixed team trap competition at the ISSF Junior Shotgun World
Cup in Porpetto, Italy.
This was India's first medal in the competition apart from the bronze won by Sheoran and Keer in the mixed
team trap competition yesterday, which had the status of a test event.
Basketball
Amritpal Singh, First Indian to be Signed by Australian Basketball Team
Captain of Indian basketball team Amritpal Singh created history by becoming the first Indian player to
be signed by an Australian Basketball team. He will be a part of the Sydney Kings during their pre-season
tour where they will also take on the game against Utah Jazz side. Born in a village of Punjab, Singh initially
played for the Pune Peshwas in the Indian Basketball League.
Useful Info
Country – Australia
Capital – Canberra
Currency – Australian Dollar
India Win 2nd South Asian Basketball (SABA) U-16 Championship
India has won 2nd South Asian Basketball, SABA, Under - 16 Championship. India defeated Bhutan by
131-50 in its last league match at Kathmandu in Nepal. India remained unbeaten in its all four matches and
accumulated 8 points. Bangladesh finished second and hostNepal third.The championship was played in a
round robin league format. India has now qualified for 2017 International Basketball Federation, FIBA,
Under-16 Asian Championship to be played in Malaysia later this year.
Useful Info
1st Place – India (New Delhi, Indian Rupee)
2nd
Place – Bangladesh (Dhaka, Taka)
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
225
3rd
Place – Nepal (Kathmandu, Nepalese Rupee)
Shooting
India Finishes 5th at Moscow Shotgun World Championships
India has finished fifth in the medals tally with one gold and two silver medals at the Moscow Shotgun
World Championships. Only 16 of the 76 participating nations got amongst the medals and Italy topped the
tally with nine gold medals for a total of 17 medals in all. Both their Olympic skeet champions Gabrielle
Rossetti and Diana Bacosi were also crowned world champions in the process. The USA stood second with
five gold medals for a total of 12. Hosts Russia were third in the overall tally with two golds for a total of eight.
Useful Info
Country – Russia
Capital – Moscow
Currency – Russian Ruble
1st in the list – Italy(Rome, Euro)
5th
in the list – India
Racing
Mercedes driver Lewis Hamilton wins Canadian Grand Prix
Lewis Hamilton won the Canadian Grand Prix for the sixth time. He won against Sebastian Vettel‘s overall
championship and lead to 12 points. It was Hamilton‘s third victory of the season and also his third in a row. It
was the three-time champion‘s sixth victory at the Circuit Gilles Villeneuve. It was the 56th title of his career.
Useful Info
Lewis Hamilton – United Kingdom
Drive for – Mercedes
Valtteri Bottas won the Austrian Grand Prix
ValtteriBottas won the Austrian Grand Prix for Mercedes on Sunday with Ferrari‘s Sebastian Vettel finishing a
mere 0.6 of a second.
Useful Info
ValtteriBottas – Russian Formula 1 driver
He drives for Mercedes
His first victory – Russian Grand Prix 2017
Mercedes‟ Lewis Hamilton won the British Grand Prix for the fifth time
Mercedes‘ Lewis Hamilton won the British Grand Prix for the fifth time – matching the record of Jim Clark
and Alain Prost to cut Sebastian Vettel‘s championship lead to just a single point. They allowed ValtteriBottas
to grab second from KimiRaikkonen to secure a Mercedes one-two, as Vettel trailed home seventh.
Useful Info
Lewis Hamilton – British Formula 1 Driver
He Drives for Mercedes
Lewis Hamilton Wins Belgian Grand Prix 2017
Mercedes' British Formula One driver Lewis Hamilton registered his 58th career race win after
claiming the Belgian Grand Prix title. Hamilton's rival Ferrari's Sebastian Vettel came second, while Daniel
Ricciardo was placed third. With the win, Hamilton has cut Vettel's lead at the top of the drivers' championship
to seven points.
Useful Info
Lewis Hamilton - British Formula One driver
He is Driving for Mercede‘s
Sebastian Vettel wins Hungarian Grand Prix Formula 1 title
Sebastian Vettel of Ferrari took the chequered flag at the Hungaroring to claim his fourth victory of the season.
In a nail-biting finish, Vettel had his team-mate KimiRaikkonen behind complaining that he could go faster but
being used by the team as a buffer against Hamilton. ValtteriBottas from Mercedes was on third place.
Useful Info
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
226
Sebastian Vettel – German Formula 1 Driver
He Drives for Ferrari
Country – Hungary
Capital – Budapest
Currency – Hungarian Forint
Lewis Hamilton Wins Singapore Grand Prix
Mercedes‟ Lewis Hamilton won the Formula 1 Singapore Grand Prix, in Singapore. Hamilton‘s rival
Sebastian Vettel withdrew in the middle of the race due to his damaged Ferrari car.
Useful Info
Lewis Hamilton is a Formula one Racer
He drives for Mercedes.
Jagan Wins Sixth Title in a Row at National Motorcycle Racing
TVS Racing‘s mascot Jagan Kumar notched his sixth straight title in the premier Super Sport Indian class on
a rain-affected day to bring down the curtain on the MRF MMSC FMSCI Indian National Motorcycle
Racing Championship in Chennai, Tamil Nadu. The event was organised by Madras Motorsports Club. It was
sponsored by MRF Tyres.
Other Sports
HeenaSidhu and JituRai won mixed gold in shooting World Cup
HeenaSidhu and JituRai won their second successive gold in the mixed 10m air pistol competition in the ISSF
World Cup being held at Gabala, Azerbaijan.
Useful Info
Country – Azerbaijan
Capital – Baku
Currency – Azerbaijani manat
India bag five medals in Asian Junior Wrestling Championships
India on Friday bagged five medals, including gold, in the 2017 Asian Junior Wrestling Championships in
Taiwan. India's female wrestlers pocketed three medals while two came in the male Greco-Roman division.
India's gold came in the women's 51 kilogram freestyle category through Puja. Further in women's section,
Sonu clinched a silver medal in the 44 kilogram category, while Manu claimed a bronze in the 59 kilogram
division. In Men's categories, Satish won silver in the 120 kilogram Greco-Roman style, while Manish claimed
a bronze in the 50 kilogram category.
Useful Info
Country – Taiwan
Capital – Taipei
Currency - New Taiwan dollar
India won six medals in the Wushu competition of the first ever BRICS Games
India won six medals in the Wushu competition of the first ever BRICS Games, which concluded in
Guangzhou, China recently. The medals haul comprised two each in gold, silver, and bronze. M. Gyandas and
AnjulNamdev won one gold each. It featured some 300 athletes from five countries- Brazil, China, India,
Russia and South Africa (BRICS Nations) with 10 events in 3 sports – men‘s basketball, women‘s volleyball,
and Wushu. China will host the 9th BRICS summit in September 2017 in the coastal city of Xiamen.
Junior World Rifle/Pistol Championship: India's YashaswiniDeswal wins gold
India's Yashaswini Singh Deswal today won a gold at the women's 10 metre air pistol event in the ISSF Junior
World Championship Rifle/Pistol competition.In the event being held in Suhl, Germany, her medal
consolidated India's second position in the medals tally at the end of Day Two, with two gold, one silver and
one bronze.China top the standings till now.Earlier in the day, India had won a team bronze in the men's 10
metre pistol event.
Useful Info
Country – Germany
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
227
Capital – Berlin
Currency - Euro
AnishBhanwala set a junior world record at World Championship
Haryana's AnishBhanwala gave a robust start for the Indian challenge by clinching the 25-metre standard pistol
gold with a world junior record in the Junior World Shooting Championship in Suhl, Germany. The 14-year-
old Anish shot 579 to win the gold seven points ahead of Florian Peter of Germany. In the process, Anish also
bettered the junior world record of 574 set by Denis Koulakov of Russia in Lahti, Finland, in 2002.
Ankush claims gold, Devendro gets silver at Mongolia boxing tournament
The fast-rising AnkushDahiya (60kg) clinched a gold while the experienced L Devendro Singh (52kg) settled
for a silver medal on the final day of the Ulaanbaatar Cup boxing tournament in Mongolia.
The 19-year-old Ankush, who is a former Asian youth silver-medalist, defeated Korean Man ChoeChol in a split
verdict, while Devendro lost to Indonesia's AldomsSuguro, again a split decision. India thus signed off with a gold,
a silver and three bronze medals from the tournament.
Srinivas Gokulnath from Maharashtra, the first Indian to complete the Solo Race Across America (RAAM)
SrinivasGokulnath from Maharashtra created history by becoming the first Indian to complete the 4,941-km
Race Across America (RAAM) in solo category. Considered to be the toughest cycle race in the world, he
cycled for 11 days, 18 hours and 45 minutes. In a feat that marks the Indian arrival on the endurance cycling
scene globally, another Maharashtrian, Dr. Amit Samarth followed Gokulnath at the finish line at Annapolis on
American east coast. Among the nine men who finished, Gokulnath stood 7th while Samarth was right on his
heels at number 8. The race was won by ChristophStrasser.
Useful Info
State – Maharashtra
Capital – Mumbai
CM - DevendraFadnavis
Governor - ChennamaneniVidyasagarRao
Siddhivinayak Temple – Mumbai, Maharashtra
City of seven islands – Mumbai
Gateway of India – Mumbai
ISSF Junior World Championship: India wins team bronze in 25m rapid fire pistol
India won Team Bronze in 25 meter Rapid Fire Pistol Men Junior Shooting World Championship. India added
a Bronze medal on day three of the International Shooting Sport Federation Junior World Championship
Rifle/Pistol, currently underway in Suhl, Germany yesterday. The trio of Anish, AnhadJawanda and
ShivamShukla notched up a combined score of 1711 to claim third place and take India's overall tally from the
competition to two Golds, one Silver and one Bronze medal. This is Anish's second medal of the competition
after having won the 25 meter standard pistol gold on the opening day of the competition.
Useful Info
Country – Germany
Capital – Berlin
Currency – Euro
Chancellor – Angela Merkel
Indian shooting squad has finished second at the ISSF Junior World Championship
The Indian shooting squad has finished a creditable second at the ISSF Junior World Championship with three
gold, two silver and three bronze medals in Suhl, Germany. India picked up a gold and silver in the team and
individual sections of the 25m pistol junior men‘s event. India also won team bronze in the 25m pistol junior
women‘s event to shore up their tally on the fourth and final day of competitions. AnishBhanwala won three
medals, one of each colour. On day one, Anish had claimed gold in the 25m standard pistol men‘s event. He
also won another gold teaming with AnhadJawanda and ShivamShukla for the 25m pistol event. China topped
the tally in the rifle/pistol tournament with 19 medals, including eight golds.
Useful Info
1st place China – total 19 medals
2nd
place India – total 8 medals
ISSF Junior world Championship 2017 held at – Suhl, Germany
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
228
President of ISSF - Olegario Vazquez Rana
Wayne van Niekerk sets a new 300m World record
Wayne van Niekerk clocked an outstanding 30.81 seconds, beating the previous World record of 30.85sec set
at altitude in Pretoria in 2000 by American Michael Johnson.
Useful Info
Wayne van Niekerk – South African Track and Field Sprinter
VirenderSehwag and P T Usha named in 12-member Committee to pick this year's KhelRatnaand
ArjunaAwardees
VirenderSehwag and P T Usha named in 12-member Committee which has been handed the job to pick this
year's KhelRatnaand ArjunaAwardees.
Useful Info
P T Usha - PilavullakandiThekkeparambilUsha, popularly known as P. T. Usha, is a retired Indian track and field
athlete.
VirenderSehwag – Former Indian Cricket Player
In early 2004, he became the only Indian to score a triple century in Test cricket, with 309 against Pakistan in the
First Test in Multan, beating V. V. S. Laxman's previous Indian record (281 against Australia)
―Sultan of Multan‖ is one of the nick name of VirenderSehwag
Kamal Haasan to be brand ambassador of Tamil Thalaivas
Tamil film actor Kamal Haasan has been appointed brand icon of Pro Kabaddi League franchise Tamil
Thalaivas, co-owned by India batting legend Sachin Tendulkar.
Useful Info
The winner of the Pro Kabaddi League 2016 was Patna Pirates.
65th edition of the prestigious Nehru Trophy won by Gabriel Chundan
Gabriel Chundanwon the 65th edition of the prestigious Nehru Trophy held at the Punnamda Lake in
Kerala. While 'MahadevikkadKattilthekkethil' came second, 'Payippad' and 'Karichal', last year's winner,
secured the third and fourth spots respectively. The members of the Ernakulam-based boat club dipped their
oars in unison, leading the majestic Chundan (snake boat) to the finishing point, pushing fellow competitors
behind.
Useful Info
State – Kerala
Capital – Trivananthapuram
CM – PinarayiVijayan
Governor – P.Sathasivam
Punnamda Lake – Kerala
Sports Minister Mr. Vijay Goel announced that the first edition of Rural Games or GrameenKhelMahotsav
will start from Delhi
Union Minister of Youth Affairs and Sports Minister Mr. Vijay Goel announced that the first edition of
Rural Games or GrameenKhelMahotsavwill kick-start from Delhi.The Rural Games will aim at
popularising the indigenous games like wrestling, athletics etc. and will also have fun games like Matka
Race, Tug of War for senior citizens to add the fun element in the games.
Useful Info
Minister of State (Independent Charge) Youth Affairs and Sports - Vijay Goel
Constituency –RajyaSabha, Rajasthan
Paris to host 2024 summer Olympics, Los Angeles to host 2028 summer Olympics
Los Angeles reached an agreement with the leaders of the International Olympic Committee on plans to host
the 2028 Summer Games. Los Angeles formally announced its bid for the 2028 Summer Olympics after
agreeing on a deal that paves the way for Paris to host in 2024. The Los Angeles Olympic and Paralympic bid
committee in cooperation with the International Olympic Committee (IOC), announced it recently. The LA bid
committee stated that Los Angeles will host the Olympic Games and Paralympic Games 2028.
Useful Info
International Olympic Committee HQ – Lausanne, Switzerland
President – Thomas Bach
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
229
Mo Farah wins career's last 5,000m race with 0.04 sec margin
Distance runner Mo Farah won the final track race of his career, clinching a win in 5,000-metre final with a
margin of 0.04 seconds at the Diamond League on Thursday. Britain's Farah finished the race in 13 minutes
and 6.05 seconds. Farah won a total of 10 gold medals at the Olympics and World Championships during his
track career.
Barcelona sign Dembélé to make him 2nd most expensive player
Barcelona on Friday announced OusmaneDembélé's signing from Borussia Dortmund for a fee of €105 million
(Rs.800 crore), along with potential €42m in add-ons, making him the second most expensive player ever
behind Neymar. Dembélé agreed a five-year contract with a buyout clause of €400 million (Rs.3,000crore).
The 20-year-old forward will wear the number 11 shirt, vacated by Neymar.
Devendra Jhajharia, Sardar to get Rajiv Gandhi Khel Ratna
The Sports Ministry confirmed that ParalympianDevendraJhajharia, who clinched gold in men's F46 javelin
throw at Rio Paralympics and former Indian hockey captain SardarSingh will be honoured with the KhelRatna
award. Indian female footballer OinamBembem Devi has been named in the Arjuna awardees list, becoming
only the second female footballer to bag the award.
20-yr-old wins 10,000m silver at World University Games
SanjivaniJadhav, a 20-year-old marathon runner from Nashik, won the silver medal in the women's 10,000-
metre at the 29th World University Games in Taipei. Jadhav, who won a bronze medal in the 5,000-metre race
at the Asian Athletics Championships in Bhubaneswar in July, is also a medallist at the World School
Olympiad.
Cyclist Mark Beaumont has broken the world record
Mark Beaumont has broken the world record for cycling around the world - by 44 days. The 34-year-old,
from Perthshire, arrived in Paris one day ahead of schedule having cycled the 18,000-mile route in 79 days.
He set a new world record of 194 days in 2008. Since then it has been broken by other riders, with the previous
record set at 123 days. He was on his bike for more than 16 hours a day and only slept for five hours each
night.
India bags 4 more Medals at 5th Asian Indoor & Martial Arts Games in Turkmenistan
In the 5th Asian Indoor and Martial Arts Games at Ashgabat, Turkmenistan, India bagged four
medals.SajanPrakash of India finished second with the silver medal in the Men's 100-metre butterfly event.
DivyaGurlingShilwant and PratikshaChandrakantParhar bagged a bronze each in women's Alysh classic
in 70 kg and 75 kg categories in the Belt Wrestling Discipline. Wrestler KeduovilieZumu from Nagaland
won the bronze medal in the 90 kg category of Kazakh Kuresh style belt wrestling. Meanwhile, Sourav
Kothari assured himself of a medal after winning his semifinal contest in men's billiards singles against
Thailand's ThawatSujaritthurakaran 3-0. India is at 11th spot in the medals tally with 5 gold, 7 silver and 7
bronze.
Useful Info
Country – Turkmenistan
Capital – Ashgabat
Currency – Turkmenistan manat
Indian Pair Win Gold at World Archery Youth Championship 2017
Mixed pair of Jemson Ningthoujam and Ankita Bhakat clinched the gold medal as India returned with three
medals from the World Archery Youth Championship in Rosario, Argentina. This is India‘s first world
title at the youth championships since Deepika Kumari‘s victories in 2009 and 2011. India also bagged one
silver and one bronze in a promising show by the youngsters.
Useful Info
Country – Argentina
Capital – Buenos Aires
Currency - Argentine Peso
India wins its First Ever Wushu World Championship Gold
Pooja Kadian became the first ever Indian sportsperson to win a gold medal at the Wushu World
Championship in Kazan, Russia. Kadian, who competed in the women's 75kg Sanda category, defeated
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
230
Russia's Evgeniya Stepanova in the final. Pooja, a head constable in the CRPF, had earlier won gold in the
South Asian Games and silver in the 2013 World Championship.
Useful Info
Wushu World Championship 2017 – Russia
Country – Russia
Capital – Moscow
Currency – Russian Ruble
India's First Portal Dedicated to Para-Sports Launched
In a bid to create awareness about para-sports and provide a platform to para sportspersons to narrate their
stories of triumph and adversity, "thenationspride.com", the country's first portal dedicated to para-sports
was launched. thenationspride.com is a non-profit initiative, helmed by 17-year-old Mumbai student and sports
enthusiast, Saachi Munot.
Useful Info
Union minister of Youth Affairs and Sports - Rajyavardhan Singh Rathore
Constituency – Jaipur, Rajasthan
Gurusaidutt Wins Bulgarian International Tournament
Commonwealth Games bronze medallist RMV Gurusaidutt clinched the men's singles title at the Bulgarian
International Future Series tournament. Gurusaidutt has defeated Muhammed Ali Kurt (Turkey) in a 35-
minute match. Gurusaidutt will also participate in Senior Nationals Championship in November 2017.
Useful Info
Country – Bulgaria
Capital – Sofia
Currency – Bulgarian lev
Olympic News
Paris Officially Awarded 2024 Summer Olympics, Los Angeles Gets 2028
The International Olympic Committee (IOC) has formally announced that Paris has been awarded the
2024 summer Olympics and Los Angeles has been given the 2028 edition. There were no other candidates
for either of the Games and the two cities had worked out a deal in advance. Paris, which has hosted two
previous Olympics, will stage the event 100 years after its last Games in 1924 while Los Angeles will also
organise its third Games after 1932 and 1984.
Useful Info
2024 Olympics host – Paris
2028 Olympics host – Los Angeles
IOC - International Olympic Committee
Headquarters of IOC - Lausanne, Switzerland
President of IOC - Thomas Bach
IOA formallyawarded to Goa the rights to host the 36th National Games
The Indian Olympic Association (IOA) formally awarded to Goa the rights to host the 36th National
Games. The announcement was made by the state sports minister ManoharAjgaonkar. Ajgaonkar stated that
IOA Secretary General Rajeev Mehta, in a letter to Chief Minister ManoharParrikar, had formally
conferred the rights to the state to host the sporting event in November 2017.
Useful Info
State – Goa
Capital – Panaji
CM – ManoharParrikar
Governor - MridulaSinha
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
231
OBITUARIES
Person Field
Parvathammaraj kumar Producer-Distributor Of Kannada Cinema
Roberto De Vicenzo Golf Player
Adnan Khashoggi Saudi Arms Dealer
Mehrunnisadalwai Social Activist And Author
Adam West US Actor
C Narayana Reddy Telugu Poet And Writer
T S John Former Kerala Assembly Speaker
Palvai Govardhan Reddy Congress Leader And Rajyasabha MP
P. N. Bhagwati Former Chief Justice Of India
Helmut Kohl Former German Chancellor
Naresh Chandra Former Indian Ambassador To U.S, And Padma
Vibhushan Awardee
Mangesh Tendulkar Cartoonist
Liu Xiaobo China‟s Most Famous Political Prisoner, The Nobel
Laureate and Democracy Icon
Nar Bahadurbhandari Former Sikkim CM
Chester Bennington Linkin Park Lead Vocalist
Udupi Ramachandra Rao Former ISRO Chairman
N. Dharam Singh Former Chief Minister Of Karnataka
Inder Kumar Bollywood Actor
K.E. Mammen Freedom Fighter
Ustad Hussain Sayeeduddin Dagar Maestro And Custodian Of The Venerable Dhrupad
Tradition Of Hindustani Classical Music
Santosh Mohan Dev Senior Congress Leader And Former Union Minister
Sam Shepard Actor And Pulitzer-Winning Playwright
Robert Hardy Harry Potter Actor
Vishvjit P Singh Ex-MP
Sanwarlaljat BJP MP And Former Union Minister
Sitarampanchal Bollywood Actor
Vijay Nambisan Poet And Writer
Yisrael Kristal World‟s Oldest Man , Aged 113
Ruth Pfau Pakistan's 'Mother Teresa'
S Paul Photographer
MK Damodaran Former Advocate General Of Kerala
Tom Pritchard New Zealand's Oldest Surviving Cricketer
Rishangkeishing Former Manipur Chief Minister And The Last
Surviving Member Of India's First Post-1947
Parliament
Tony De Brum A Leading Advocate Of The Paris Climate
Agreement And Widely Regarded As The "Voice Of
Pacific Islands On Climate Change"
Ahmed Khan India's Two-Time Olympic Footballer And East
Bengal Legend
John Ashbery Pulitzer-Prize Winning Poet
Frank Vincent American Actor
Arjan Singh The Sole Marshal Of The Indian Air Force
Violet Mosse-Brown The World's Oldest Person, Aged 117
GK Power Capsule (1st June to 15th October) 2017
www.ibpsguide.com | estore.ibpsguide.com | www.sscexamguide.com
232
Jake Lamotta Former Boxing Champion
Shakila Bollywood Actor
Liliane Bettencourt World's Richest Woman
Hugh Hefner Playboy Magazine Founder
Tom Alter Indian Actor
Purushottam Lal Kaushik Former Union Minister And Socialist Leader
Kundan Shah Filmmaker
Satish Chandra India‟s Eminent Historian