9 March 2017 Current Affairs : Budget Session resumes, Bharuch bridge, Al-Nagah-II 2017, Aadhaar Pay service

///9 March 2017 Current Affairs : Budget Session resumes, Bharuch bridge, Al-Nagah-II 2017, Aadhaar Pay service

This Daily Current Affair Capsule is a brief collection of important news from national dailies and government releases on PIB useful for UPSC IAS, CDS, SSC CGL, NDA, etc. It covers national, international, economic, sports news.

 

National Important Current Affairs – 9 March 2017

■  As a major relief for people travelling on the Vadodara- Surat section of NH-8 (New NH-48), a new four lane, Extradosed Bridge across river Narmada at Bharuch has been dedicated to the nation by PM Modi.

  • The 1.4 km ‘Extradose’ cable stayed bridge is the longest in India and the second such bridge in the country after Nivedita Setu over Hooghly.
  • The bridge is supported on 9 Pylons of 36 meter height on pile foundation of 1.5 metre diameter.
  • It is part of National Highways Authority of India’s project for six laning of Ahmedabad-Mumbai section of NH-8 (Total length of 6.745 Km between km.192.00 to km.198.745.) in Baruch district of the state of Gujarat.

■   The 2nd part of the Budget session of Parliament begins today after a month-long recess. This session will continue till the 12th of next month.

  • Apart from the passage of the Finance Bill, 2017, the government is keen to pass the much-awaited legislations related to the Goods and Services Tax.

■  CBSE Class 10 and Class 12 Board examinations are beginning today. Almost 9 lakh students have registered for Class 10th examination which is around 16 percent more than last year’s figure. Nearly 11 lakh students have enrolled for Class 12th exams which is a 3 percent increase.

■  The 2-day International Yoga Festival organised by Morarji Desai National Institute of Yoga in association with the Indian Yoga associations, was recently held at Talkatora stadium in New Delhi. This fest was inaugurated by Union Information and Broadcasting Minister Venkaiah Naidu.

■ A workshop on Arsenic problem in ground water and its remediation in Ganga Basin was recently held, chaired by Union Minister of Water Resources, River Development and Ganga Rejuvenation, Uma Bharti. It was organized by Central Ground Water Board (CGWB).

  • The government has underlined the need to make people aware about the negative impact of Arsenic in Ganga basin area.
  • Arsenic in groundwater: Arsenic in ground water is a geogenic contaminant i.e. caused by natural geologic processes. Incidence of high arsenic in groundwater reported from various parts of the country, particularly in the Ganga- plains is a serious threat to the health of human being.

 

International Current Affairs Capsule – 9 March 2017

■ In the United States, Federal agencies have launched a criminal investigation into the public release of government documents by Wikileaks. US Central Intelligence Agency (CIA) has said that, both Federal Bureau of Investigation (FBI) and CIA are co-ordinating the inquiry.

 

■  China is going to build a 1,000-kilometer pipeline connecting the drought-hit city of Lanzhou to Russia’s Lake Baikal (the deepest freshwater lake on earth).  This project will help pump water to Lanzhou, capital of Gansu province which experienced just 380 millimetres of rain last year.

■  The joint military exercise between India and Oman titled Al-Nagah-II 2017 was began in the Dhauladhar Ranges in Bakloh belt of Himachal Pradesh. This is the second edition of the 14 day exercise in continuation of a series of joint exercises between the armies of the two countries. The first edition of the exercise was held at Muscat, Oman in 2015.

■ The Commonwealth of Nations has launched “Peace in the home” programme to help member states tackle domestic violence which still remains a “stubborn stain” on communities, adversely impacting women and children. The programme will continue through till 2018 when there is expected to be an accord on ending domestic violence in the Commonwealth.

 

Economics Today’s Current Affair Capsule – 9 March 2017

■  The Finance Minister Arun Jaitley has released the Revised General Financial Rules (GFRs) – 2017. It aims to provide a framework within which an organization manages its business in a financially prudent manner without compromising its flexibility to deal with varied situations.

  • The new GFRs 2017 will enable an improved, efficient and effective framework of fiscal management while providing the necessary flexibility to facilitate timely delivery of services.
What are GFRs?

The GFRs are rules and orders dealing with matters involving public finances.

General Financial Rules were issued for the first time in 1947 bringing together in one place all existing orders and instructions pertaining to financial matters. These have been modified and issued as GFRs 1963 and GFRs 2005.

 

 

■  A high level delegation led by Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan had organized a promotion event for India’s new Hydrocarbon Exploration and Licensing Policy (HELP) at CERA Week 2017 in Houston, World’s energy capital on 6th March 2017.

  • Its aim was to encourage active global participation in upcoming investment opportunities in India which has one of the world’s fast growing oil and gas industry.
  • The promotion event was participated by global energy leaders, government dignitaries, policy makers, innovators and industry professionals.

About HELP:

The Hydrocarbon Exploration & Licensing Policy (HELP) opens up India’ entire sedimentary basin for investment from domestic and foreign players under a simplified, transparent and investor -friendly fiscal and administrative regime.

The new policy aims to provide Investors a ready access to huge amount of seismic data available in National Data Repository (NDR), flexibility to carve out exploration acreages through an open acreage licensing process and increased operational autonomy through a new revenue sharing model.

The National Data Repository (NDR) manifested through an open acreage licensing (OAL) process will be a key facilitator by providing seamless access to India’s entire E&P data process through a digital medium to all investors with the objective of harnessing the potential of India’s large basinal area.

 

■  The government has launched the Aadhaar Pay service which allows people to do away with debit and credit cards and make payments through their fingerprints. Under this service, biometric devices are attached to merchants’ smartphones to allow people with Aadhaar-linked bank accounts to make payments via fingerprints. IDFC Bank has become the first bank to launch Aadhaar Pay service.

 

Sports News Current Affairs – 9 March 2017

■  Australian cricketer-turned-tennis player Ashleigh Barty won her first Women’s Tennis Association singles title, the WTA Malaysian Open, in Kuala Lumpur.

■  The International Cricket Council (ICC) will not to press charges against Australian skipper Steven Smith, Indian captain Virat Kohli, or any other player in connection with the Umpire Decision Review System or DRS incident during the Bengaluru Test.

  • The DRS controversy erupted following India’s win in Bengaluru Test, when Kohli said, Australia took help from their dressing room at least thrice before deciding on DRS reviews.
  • The Indian skipper said, he told the umpires on two occasions, before the third time when Smith looked towards the dressing room after asking non-striker Peter Handscomb when given out lbw. In his defence, Smith had termed his action in seeking an opinion from his dressing room as brain fade.

 

“Current Affairs Questions for UPSC IAS Prelims”

Q1.  The 11th edition of The Indo-Nepal military exercise “SURYA KIRAN-XI” has started in which state?

  • A.) Jharkhand
  • B.) Uttarakhand
  • C.) Himachal Pradesh
  • D.) Rajasthan

 

Q2.  What is ‘Hyperloop One’ , in the field of transportation ?

  • A.) Concept for a new mode of transportation which will move people and goods at airline speeds on land.
  • B.) Train which never stops at any station.
  • C.) Commercial Fuel Cell Vehicles which uses hydrogen fuel and oxygen from the air to produce electricity.
  • D.) The concept of a city comprised only of ‘interacting’ vehicles, which has the potential to render manual handling of vehicles unnecessary in the future.

 

Q3.  Which part of the country does the ‘Nadar’ community resides in ?

  • A.)  Southern region
  • B.)  Eastern region
  • C.)  Western region
  • D.)  Central region

 

Q4.  The ‘UDAN’ scheme launched by the Government of India is a  _ ?

  • A.) A scholarship instituted to award meritorious students belonging to Economically Weaker Sections among the upper castes in the state of Gujarat.
  • B.) The Railway Ministry’s efforts to increase the average train speed along the existing tracks.
  • C.) The Civil Aviation Ministry’s Regional Connectivity Scheme.
  • D.)  A collaboration of the Railways Ministry and the Environment Ministry aimed at reducing road transport’s share in freight traffic and its concomitant increase in railway’s share.

 

Q5. Which Indian university has been ranked among top 10 in Times Higher Education (THE)’s 2017 World’s Best Small Universities?

  • A.) Indian Institute of Science (IISc), Bengaluru
  • B.) Indian Institute of Science Education and Research (IISER), Bhopal
  • C.) Savitribai Phule Pune University
  • D.) Indian Institute of Technology (IIT), Bombay

 

Answer these questions in the comments below. Discuss your thoughts on the news and issues mentioned in today’s current affairs post.

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2017-03-14T21:53:48+00:00
  • Lokesh

    Very helpful current affairs. Thanx.