This Daily Current Affair Capsule aims to be a time-saving tool for going through relevant news from national dailies and government releases on PIB. Aspirants for UPSC IAS, CDS, SSC CGL, NDA, etc. will find it highly useful to cover for revision and awareness purposes.

 

National Important Current Affairs – 24 January 2018

Uttar Pradesh is celebrating its foundation day for the first time on a large scale. Governor Ram Naik had floated the idea for the celebrations which was accepted by the state government on the lines of Maharashtra Day so that the people know the history and culture of their state.

In 1950, the then Governor- General of India passed the United Provinces (alteration of name) Order 1950, renaming the then United Provinces as Uttar Pradesh. It was published in the Uttar Pradesh Gazette dated 24 January 1950.

 

■ Bollywood Actor Shah Rukh Khan has been felicitated at the 24th Annual Crystal Awards as part of World Economic Forum’s 48th Annual Meeting for his leadership in championing children’s and women’s rights in India.

 

■ The Odisha state government has launched Odisha e-Hospital Management Information System (OeHMIS) to provide a computerized platform for online recording of clinical parameters of patients and reporting of performance criteria of hospitals. According to the OeHMIS system, the patients can be registered online and can access their individual electronic health records through the web portal or mobile application.

 

■ The Minister of State for AYUSH, Shripad Yesso Naik has laid the foundation stone for Central Research Institute (CRI) in Jaipur. This will be the third CRI under the aegis of Central Council for Research in Homoeopathy (CCRH), which is an autonomous body of Ministry of AYUSH for undertaking scientific research in Homoeopathy.

 

■ The Supreme Court has directed the Centre to set up a tribunal within a month to resolve the dispute between Odisha and Chhattisgarh over Mahanadi water sharing. The court, however, refused to grant any stay on the small dams across Mahanadi river. Odisha has been opposing Chhattisgarh’s plans to build 13 barrages and seven pick up weirs across Mahanadi, in a plan to extract more water.

About Mahanadi:

The river Mahanadi flows through Chhattisgarh, Jharkhand and Odisha before pouring into the Bay of Bengal. The 858-km-long Mahanadi, the country’s sixth longest river, is split almost in half between Chhattisgarh and Odisha, but there is no water-sharing agreement between the states.

 

■ The National Human Rights Commission (NHRC) has issued a notice to the Odisha government and the Centre on shutting down of a large number of government-run primary and upper primary schools due to less number of students. The NHRC sees this as an issue of Right to Education of young students, mostly belonging to poor families of Scheduled Caste, Scheduled Tribe and other backward communities.

The Commission has asked Chief Secretary of the state and Union HRD Ministry to submit a report on the issue within eight weeks.

Note that: In the year 2016-17, as many as 828 government primary and upper primary schools were shut down in Odisha for having less than 10 students each.

 

■ The Ministry of Railways has set Zero scrap balance target for all Zonal Railways by end of March 2018. Earnings from the sale of Railway scrap not only augments Railways revenue but also helps in keeping the Railway track, stations, workshops, depots neat and tidy. In this regard, General Managers of all the Zonal Railways/PUs have been advised to strictly monitor the e-auction of scrap.

Note that: Indian Railways have been selling its internally generated scrap entirely through online e-auction. The scrap material comprises of worn-out rails and track-fittings released from track renewal/gauge conversion, steel scrap generated in course of overhaul /repairs of rolling stocks, other non-ferrous and miscellaneous scrap.

 

International Current Affairs Capsule – 24 January 2018

■ Delivering a keynote address in Hindi at the plenary session of the World Economic Forum at Davos, Switzerland, Prime Minister Narendra Modi, gave a rousing call to the world to create a heaven of freedom where there is cooperation and is not a division.

Prime Minister Narendra Modi also pitched India saying India is investment-friendly and welcomes FDI in all sectors. India’s democracy, demography and dynamism are making the dream of development a reality, thus giving shape to the destiny of the people. He also said terrorism is dangerous, but what is equally dangerous is the artificial distinction made between good and bad terrorists.

Referring to WEF’s theme of ‘Creating a shared future in a fractured world’, Mr Modi said the Indian philosophy of ‘Vasudhaiva Kutumbakam’ (the world is one family) has become more relevant in today’s time to address fissures and distances in the world.

 

■ China has expressed dissatisfaction over a US move to impose steep tariffs on imported solar cells and washing machines. China is the world’s biggest solar panel manufacturer and has called this US move an abuse of trade remedies.

The US approved tariffs on imported washing machines and solar panels in line with President Donald Trump’s “America First” trade policy, which aims to protect local manufacturers from foreign competition.

 

■ The ASEAN – India Business and Investment Meet and Expo was inauguratedin New Delhi, on the theme of ‘Promoting Mutual Trade and Investment for Shared Prosperity’ celebrating our Shared Values and Common Destiny. It covered discussions on strengthening India’s economic relations with the countries in the East with both sides aiming to scale up bilateral trade and investment in the region. To mark the silver jubilee of India-ASEAN partnership, the Conference was organized by the Ministry of Commerce & Industry in collaboration with Ministry of External Affairs (MEA) and Confederation of Indian Industry (CII).

This initiative was held ahead of the landmark 2018 ASEAN-India commemorative summit on the 25th of January. Top leaders of all 10 ASEAN nations would also be guests of honour at the 2018 Republic Day celebrations. It would be the first time that the Republic Day parade would be graced by such a large number of heads of state or govt.

About ASEAN-India:

India & ASEAN partnership began in 1992 and has completed 25 years in 2017. India adopted the Act East policy in 2014 which has led to ties with South Asian nations reaching new highs.

 

Economics Today’s Current Affair Capsule – 24 January 2018

■ India’s first sovereign wealth fund, National Investment and Infrastructure Fund (NIIF), and Dubai-based ports operator DP World Pvt. Ltd has announced the creation of an investment platform to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India. This is the first investment platform from NIIF and will see investment up to $3 billion of equity to acquire assets and develop projects in the logistics sector. The platform will also pursue opportunities beyond seaports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure, including cold storage.

About NIIF:

The NIIF was set up in 2015 as an investment vehicle for funding commercially viable greenfield, brownfield and stalled projects in the infrastructure sector. NIIF aims to invest in areas such as energy, transportation, housing, water, waste management and other infrastructure-related sectors in India. The corpus of these fund is proposed to be around Rs 40,000 crore, with the government investing 49% and the rest to be raised from third-party investors such as sovereign wealth funds, insurance and pension funds, endowments etc.

 

“Current Affairs Questions for UPSC IAS Prelims – 24 January 2018 “

Q1. Which city is hosting the International Conference on dam safety under the Dam Safety Rehabilitation and Improvement Project being run by the Water Resources Ministry?

  • A) Kochi
  • B) Thiruvananthapuram
  • C) Hyderabad
  • D) Chennai

Q2. Which Indian shuttler has won the 2018 Swedish Open Junior International Series?

  • A) Parupalli Kashyap
  • B) B. Sai Praneeth
  • C) Kidambi Srikanth
  • D) Siddharth Pratap Singh

Q3. What is the India’s GDP growth forecast for 2018, as per IMF’s latest World Economic Outlook (WEO) update?

  • A) 7.4%
  • B) 7.8%
  • C) 6.6%
  • D) 7.6%

Q4. Which country to host the 6th edition of ICC Women’s World Twenty20 2018?

  • A) Australia
  • B) England
  • C) New Zealand
  • D) West Indies

Q5. Which country to host the ministerial meeting of International Energy Forum (IEF-2018)?

  • A) Sri Lanka
  • B) Nepal
  • C) India
  • D) Indonesia

Answer these questions in the comments below. We encourage you to discuss your thoughts on the news and issues mentioned in today’s current affairs post. The idea is to promote healthy discussions on interesting issues to make preparation fun. Have a good day!

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