Current Affairs: Daily GK Update 24th and 25th September 2017

• Pradhan Mantri Ujjwala Yojana (PMUY) was launched by Hon’ble Prime Minister Shri Narendra Modi on 1st May 2016 in Ballia, Uttar Pradesh. 
• Under the PMUY, 5 Cr LPG connections will be provided to BPL families with a support of Rs.1600 per connection in the next 3 years.
• Mr Vijay Rupani is present Chief Minister of Gujarat.
• The National Skill Development Corporation (NSDC) is a one-of-its-kind, Public Private Partnership ( PPP ) model in India, under the Ministry of Skill Development & Entrepreneurship ( MSDE ).

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.

• Berlin is the Capital of Germany. 
• Euro is the Currency of Germany.

ii. 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.

• Forbes magazine was founded 100 years ago on September 17, 1917, by B.C. Forbes. 

ii. The Chief Minister also inaugurated the Andhra Pradesh Sports Policy 2017.

• Shri E.S Lakshmi Narasimhan is the Present Governor of Andhra Pradesh.

ii. The trade event, sponsored by the US and hosted by India, will be inaugurated by Afghan CEO Dr Abdullah.

• Kabul is the capital of Afghanistan.

ii. The number of nuclear reactor units under construction is, however, declining globally for the fourth year in a row, from 68 reactors at the end of 2013 to 53 by mid-2017.

i. The 7th ASEM (Asia–Europe Meeting) Economic Ministers’ Meeting was held in Seoul, South Korea. Theme for this year’s meeting was ‘Innovative Partnership for Inclusive Prosperity’.

ii. The meeting was conducted under the Chairmanship of the Ministry of Trade, Industry and Energy of the Republic of Korea. 51 member countries signed a Joint Statement on Supporting the Multilateral Trade System.

Important Takeaways from Above News-

• Commerce Minister Mr. Suresh Prabhu represented India. 
• ASEM was established in 1996.

ii. Pakistan and Russia are holding two-week long joint military drill focusing on counter-terrorism operations to enhance military ties between the two countries.

• Moscow is the Capital of Russia.
• Islamabad is the Capital of Pakistan.

ii. The award is the US-based Materials Research Society’s (MRS) highest honour. Mr Rao is the Bharat Ratna awardee. The award will be presented in Boston on November 29, during an MRS meeting.

• Susan Trolier-McKinstry is the President of MRS.

ii. She is two-time bronze medallist at World Championship. In March 2015, Sindhu was awarded India’s fourth highest civilian honour, the Padma Shri.

• PV Sindhu has recently become the first Indian to win the Korea Open Superseries.

•  ‘Newton’ will be India’s official entry for the Best Foreign Film category at the Oscars 2018.

ii. President Ram Nath Kovind administered the oath of office and secrecy to Mehrishi (62) at a function in Rashtrapati Bhavan, New Delhi. Mehrishi will have a tenure of about three years.

• V.Narhari Rao was the first CAG of India, post Independence.(1948-1954)

i. 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.

ii. Masala bonds are rupee-denominated overseas bonds. Currently, the limit for investment by foreign portfolio investors (FPIs) in corporate bonds is Rs 2,44,323 crore.

Important Takeaways from Above News-

• The 24th Governor of RBI is Mr.Urjit Patel.

i. Kargil war hero Captain Vikram Batra was martyred at the tender age of 24. The biography of Captain Vikram Batra “The Shershah of Kargil” has been written by 21-year-old Deepak Surana.

ii. Though books on Captain Batra have been written before, according to Deepak this is the first book that is based entirely on primary sources.

Important Takeaways from Above News-

• General Bipin Rawat is the 27th Chief of Army Staff of the Indian Army.

ii. The ICC Anti-Corruption Unit works to uphold integrity in cricket and this includes conducting investigations where there are reasonable grounds to do so.

i. 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.

ii. The event, however, overlaps with the Asian Championship in Vietnam, which is scheduled from November 2 to 12.

ii. This now means that India is now at the top of both the Test and ODI rankings. This was India’s ninth consecutive ODI win while it is Australia 11ts successive defeat away from home.

• Top three teams in ODI are 1. India, 2. South Africa, and 3. Australia.

ii. Wrestler Keduovilie Zumu from Nagaland won the bronze medal in the 90 kg category of Kazakh Kuresh style belt wrestling. India is at 11th spot in the medals tally with 5 gold, 7 silver and 7 bronze.

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