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Tuesday, September 05, 2017

Current Affairs Update – 5 September, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs of 5 September, 2017. These are very important for the upcoming IBPS PO, IBPS RRB, OICL AO, UIIC Assistant & NICL Assistant Exams.

Banking & Financial News

Government honours CBDT for resolving public grievances

  • The Central Board of Direct Taxes (CBDT) was on 4 September 2017 honoured by Minister of State for Personnel Jitendra Singh for successfully resolving public grievances.
  • The CBDT was honoured for resolving grievances in the third category of the government departments getting more than 2,000 grievances during a quarter. The body is the apex policy making body for the Income Tax department.
  • Besides CBDT, four other departments were also awarded under three categories of organisations, divided on the basis of the volume of grievances received and disposed of by them.
  • The Department of Administrative Reforms and Public Grievances and Ministry of Development of North Eastern Region were awarded in the category of ministries or departments receiving up to 300 grievances in a quarter.
  • On the other hand, the Ministry of Micro, Small and Medium Enterprises, and Panchayati Raj ministry were honoured in the category of organisations receiving more than 300 and up to 2,000 complaints in a quarter.
  • Speaking on the occasion, Jitendra Singh said that other departments should also learn from the mechanism developed by the CBDT for the grievance disposal.


BRICS Summit adopts documents on cooperation in areas of Economy and Trade, Innovation and Customs

  • BRICS (Brazil, Russia, India, China and South Africa) nations on 4 September 2017 signed four documents that aim at improving and broadening cooperation mechanism and promoting industrial and technical upgradation to enhance economic complementarities.
The documents were signed with the hope to give a boost to trade ties between the five nations of the group. Documents signed in the presence of BRICS Leaders during BRICS Summit - 2017 in Xiamen, China includes
1. BRICS Action Agenda on Economic and Trade Cooperation
2. BRICS Action Plan for Innovation Cooperation(2017-2020)
3. Strategic Framework of BRICS Customs Cooperation
4. Memorandum of Understanding between the BRICS Business Council and the New Development Bank on Strategic Cooperation

  • These documents were signed during the summit on Action Agenda on Economic and Trade Cooperation, Innovation, Customs Cooperation and MOU with Development Bank on Strategic Cooperation.
  • BRICS action plan for innovation cooperation intends to facilitate innovation driven development for sustainable development. Strategic frame work of BRICS custom cooperation is meant for mutual sharing of information recombination of customs control and mutual assistance in enforcement as guiding principles.

CIPAM-DIPP launches social media campaign to promote Geographical Indications

  • The Cell for IPR Promotions and Management (CIPAM) on 4 September 2017 launched a social media campaign to promote Indian Geographical Indications (GIs).
  • The CIPAM comes under the aegis of the Department of Industrial Policy and Promotion (DIPP), Union Ministry of Commerce and Industry.
  • The campaign will be promoted with #LetsTalkIP which is an ongoing movement initiated by CIPAM to make more people aware about the importance of Intellectual Property Rights.
  • The promotion of GIs is in line with the Government’s ‘Make in India’ campaign.
  • A Geographical Indication is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
  • Such signs convey an assurance of quality and distinctiveness, which is essentially attributable to its origin in that defined geographical locality. Darjeeling Tea, Mahabaleshwar Strawberry, Blue Pottery of Jaipur, Banarasi Sarees and Tirupati Laddus are some of the GIs.
  • GIs are of utmost importance to the country as they are an integral part of India’s rich culture and collective intellectual heritage.
  • It is an area of strength and optimism for India, whereby the GI tag has accorded protection to a number of hand-made and manufactured products, especially in the informal sector.
  • Certain GI products can benefit the rural economy in remote areas, by supplementing the incomes of artisans, farmers, weavers and craftsmen.

News related to India & states

Nitin Gadkari announces formation of task force for Namami Gange’s speedy implementation

  • Union minister Nitin Gadkari, who assumed additional charge of water resources on 4 September 2017, has announced the formation of an inter-ministerial task force for speedy implementation of the Centre’s Namami Gange mission.
  • Along with this, the Minister announced that the Water Resources Ministry would come out with a detailed schedule on achieving various targets under the mission in a time-bound and transparent manner within a week.
  • Further, Gadkari praised former Water Resources minister Uma Bharti for working hard and doing all the ground work towards cleaning the river in the past three years and said he would try to see that the ministry attained all the goals she had set.
  • “We will form a task force. We will come out with a schedule of targets to be achieved under the mission in a week. We will try to realise the dreams of the prime minister in a time-bound, transparent manner and we will attain all the deadlines fixed by Umaji,” said Gadkari.
  • The task force is expected to comprise ministers and officials from water resources, urban development, drinking water and sanitation and rural development among others.
  • Ministers of state for water resources Arjun Ram Meghwal and Satyapal Singh were also present at the occasion.


Union Health Ministry launches two new contraceptives Antara and Chhaya

  • The Union Ministry of Health and Family Welfare on 5 September 2017 launched two new contraceptives- an injectable contraceptive MPA under the ‘Antara’ programme and a contraceptive pill ‘Chhaya’ in the public health system to expand the basket of contraceptive choices for couples.
  • These contraceptives have been launched in 10 states including Delhi, Maharashtra, Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka, Haryana, West Bengal, Odisha and Goa.
  • The Antara and Chhaya contraceptives are presently available for free in Medical Colleges and District Hospitals.
  • These contraceptives are safe and highly effective. The ‘Antara’ injectable is effective for three months and the ‘Chayya’ pill is effective for one week.
  • These contraceptives will help meet the changing needs of couples and help women plan and space their pregnancies.


Teacher’s Day celebrated across India on birth anniversary of Dr S Radhakrishnan

  • Teacher’s Day was celebrated on 5 September 2017 to celebrate the birth anniversary of Former President Dr. Sarvepalli Radhakrishnan.
  • To mark the occasion, schools and colleges throughout India organised various programmes to honour of teachers who shaped the lives of students.
  • Also, the Union Environment Ministry launched an environment awareness initiative, Prakriti Khoj, on the occasion of Teachers’ Day.
  • Teacher's day was created in 1962 to mark the birth anniversary of the second president of India Dr S Radhakrishnan, who was also an academician and teacher.

International Day of Charity 2017 observed globally

  • The International Day of Charity was observed across the globe on 5 September 2017 to commemorate the death anniversary of Mother Teresa who received the Nobel Peace Prize in 1979 for her charity work undertaken in the struggle to overcome poverty and distress.
  • Mother Teresa was born as Agnes Gonxha Bojaxhiu in 1910. In 1928, she went to India and devoted herself to helping the poor. In 1950, she founded the order of Missionaries of Charity in Kolkota (Calcutta) which became noted for its work among the poor and the dying in that city.
  • Mother Teresa died on 5 September 1997 at 87 years of age. She was proclaimed as a Saint by Pope Francis on 4 September 2016.

Sports News

FIFA U-17 World Cup song officially launched

  • The official song for the FIFA Under-17 World Cup football tournament was formally launched on 4 September 2017 by the Local Organising Committee and Sony Pictures Networks India in Mumbai, Maharashtra.
  • The song, "Kar Ke Dikhla De Goal", is written by lyricist Amitabh Bhattacharya and is composed by Pritam.
  • In addition, the song features a host of music artists that include Sunidhi Chauhan, Neeti Mohan, Babul Supriyo, Shaan, Papon, Mika along with a rap performance by actor Abhishek Bachchan.
  • The composition of the song puts forward the vibrancy and uniqueness of India while resonating with a global audience simultaneously.

Amritpal Singh creates history, becomes first Indian to be signed by Australian Basketball Team

  • Captain of Indian basketball team Amritpal Singh on 31 August 2017 created history by becoming the first Indian player to be signed by an Australian Basketball team. 
  • Earlier, Singh had been a part of the four-member Indian team of Amjyot Singh, Yadwinder Singh and Vishesh Bhriguvanshi, who were a part of the National Basketball League (NBL) Draft Combine in Melbourne, Australia in 2017.
  • Later, he was invited by the Sydney Kings for the Atlas Challenge 2017 tournament in China. They were impressed by his performance at the Atlas Challenge tournament, where he was a part of winner team and scored a massive 17 points and 16 rebounds in the championship match.
  • 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.




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