27 January 2017 Current Affairs : Republic Day, Padma Awards, Tranparency Index, FATF

///27 January 2017 Current Affairs : Republic Day, Padma Awards, Tranparency Index, FATF

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 – 27 January 2017

☀ ​ India celebrated its 68th Republic Day on 26th January, honouring the Constitution of India as it came into force on the same day in the year 1950. The chief guest on Republic Day of India 2017 was Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.

Note that : On January 26, 1930, the Congress marked the day as ‘Purna Swaraj Diwas’, or the day the nation would attain complete freedom from its colonisers. Hence, January 26 was chosen to be the Republic Day.

Highlights of Republic Day 2017: 

  • Indgenously built Light Combat Aircraft Tejas made its debut at the Republic Day parade and flew over the Rajpath.
  • In a first, the National Security Guard (NSG) commandos participated in the Republic Day parade.
  • Sukhoi Su-30 MKI also shot through the sky at 900 km/h.
  • The C-130J Super Hercules, MiG-29, C-17 Globemaster also took part in the flypast.


☀ The President of India has approved the conferment of Jeevan Raksha Padak Series for 2016, which are given to a person for meritorious act of humane nature in saving the life of a person. The award is given in 3 categories : Sarvottam Jeevan Raksha Padak, Uttam Jeevan Raksha Padak and Jeevan Raksha Padak. The decoration of the award (medal, certificate signed by the Home Minister and monetary allowance) is presented to the awardee by the respective State Government to which the awardee belongs.


☀On the eve of Republic Day, government has announced the list for the Padma Awards 2017. The list comprises 7 Padma Vibhushan, 7 Padma Bhushan and 75 Padma Shri awardees.

  • The Padma awards are conferred by the President at a function in Rashtrapati Bhawan in March/April every year.
  • Padma Awards – are conferred in three categories, namely, Padma Vibhushan (for exceptional and distinguished service) ; Padma Bhushan (for distinguished service of high order) and Padma Shri (for distinguished service in any field).
  • The Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, etc.


☀ The National Investigation Agency will probe the sabotage angle in the recent train derailments in Uttar Pradesh’s Kanpur and Andhra Pradesh’s Kuneru area. The agency has taken over the probe in these cases following an order from the Home Ministry.


International Current Affairs Capsule – 27 January 2017

☀ The annual index of Transparency International for the year 2016 has been released, by the Berlin-based anti-graft organisation, using World Bank data, the World Economic Forum and other institutions. It ranks 176 countries by perceived levels of corruption in public sector, where the score runs from zero (which is highly corrupt) , to 100 (which is very clean).

  • The index has placed India on the watch list for its inability to curb mega corruption scandals and petty bribery. India is placed with Brazil and China in the 40th position.
  • Though India’s score has improved by two points from 38 in 2015. The index notes that India’s condition showed growth with inequality.
  • New Zealand and Denmark find joint place at 1st position with a score of 90, followed by Finland, Sweden, Switzerland, Norway, Singapore, Netherlands and Canada.


☀ The President of United States, Donald Trump has signed an executive order to enable construction of a 2,000-mile wall along the southern US border with Mexico. This wall is aimed at stemming the flow of drugs and illegal immigration into the US.


☀ US President Donald Trump has also indicated that both Pakistan and Afghanistan will be among the countries whose citizens will have to go through an extreme vetting process before entering the United States.

Israel has approved a plan to give asylum to 100 orphaned children in the Syria conflict. These children will initially get temporary residency status and allowed to stay indefinitely after four years. Under the plan, the orphans would be housed in dormitories i beginning, then absorbed into the education system, can also be taken in by foster families or adopted at a later stage.


Economics Today’s Current Affair Capsule – 27 January 2017

☀ The Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located in ‘non co-operative countries and territories’, as identified by the inter-governmental body FATF.

  • About FATF: Financial Action Task Force (FATF) comprises two regional organisations and 35 member jurisdictions, including India, US, UK, China and the European Commission. It was established in 1989, with objectives to promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.


Sports News Current Affair Capsule – 27 January 2017

☀Sumo wrestler Kisenosato has become the first Japanese wrestler to be titled ‘Yokozuna’ – Grand champion, in almost 18 years. He weighs 178 kgs, who became the sport’s 72nd Yokozuna and Japan’s first after Wakanohana, who has won the title in 1998.

This is our contribution towards making students more aware of what to study and what to ignore in daily news to be in touch with the important and relevant happenings of the World. This is not a substitute of daily newspaper reading. Read the newspaper daily. Have a Good Day!

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