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Daily Current affairs - August 17th, 2017 for all competitive exams

Scientists discover new tectonic plate
Researchers have discovered a new tectonic plate off the coast of Ecuador. There were 56 plates; now, there are 57 — and researchers think there could be one more to find.
  • Scientists discovered the microplate — which they’ve dubbed “Malpelo” — while analyzing the movements of what they believed to be the convergence of a trio of plates.


Cabinet approves MoU between India and Sweden on IPRs
The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) between India and Sweden on cooperation in the field of Intellectual Property (IPRs).
  • The MoU establishes a wide ranging and flexible mechanism through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness on IPRs and better protect intellectual property rights.


India signs Global Environment Facility (GEF) Grant Agreement
A Grant Agreement from the Global Environment Facility (GEF) of the World Bank of USD 24.64 million for “Ecosystem Service Improvement Project” was recently signed between India and the World Bank. The size of Project is USD 24.64 million which entirely will be financed by the World Bank out of its GEF Trust Fund.
  • Ministry of Environment, Forest and Climate Change (MoEF&CC) will implement the Project in the States of Chhattisgarh and Madhya Pradesh through Indian Council of Forestry Research & Education under the National Mission for Green India.
  • The objective of the Project is to strengthen the institutional capacity of the Departments of Forestry and Community Organisations to enhance forest ecosystem services and improve the livelihoods of forest dependent communities in Central Indian Highlands.


India home to 27, 312 elephants: Census
Preliminary results from the All India Synchronised Elephant Population Estimation released by the Ministry of Environment, Forests and Climate Change on August 12 pegs India’s Asian elephant population at 27, 312.
  • The current estimate, derived from the sighting-based direct count method alone, will be confirmed with estimates from the indirect dung-count method in three months.
  • According to the report, Karnataka has the highest number of elephants (6,049), followed by Assam (5,719) and Kerala (3,054). Of the four regions in India where elephants are found, the Southern Region – comprising the states Kerala, Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh and Andaman and Nicobar – have the highest number of elephants at 11, 960.


Long Term Irrigation Fund
Cabinet has approved raising Extra Budgetary Resources upto Rs. 9020 crore for Long Term Irrigation Fund during the year 2017-18.
  • To cater to the large fund requirement and ensure completion of the projects, the Union Finance Minister, during his Budget speech 2016-17, announced creation of dedicated Long Term Irrigation Fund (LTIF) in NABARDwith an initial corpus of Rs. 20,000 crore for funding of Central and State share for the identified ongoing projects under PMKSY (AIBP and CAD).
  • Corpus would be raised by way of budgetary resources and market borrowings to fund fast tracking of implementation of incomplete major & medium irrigation projects.
  • PMKSY has been conceived amalgamating ongoing schemes viz. Accelerated Irrigation Benefit Programme (AIBP) of the Ministry of Water Resources, River Development & Ganga Rejuvenation (MoWR,RD&GR), Integrated Watershed Management Programme (IWMP) of Department of Land Resources (DoLR) and the On Farm Water Management (OFWM) of Department of Agriculture and Cooperation (DAC).


New Metro Rail Policy
The Union Cabinet has approved a new Metro Rail Policy that seeks to enable realization of growing metro rail aspirations of a large number of cities but in a responsible manner.
  • The policy opens a big window for private investments across a range of metro operations making PPP component mandatory for availing central assistance for new metro projects.
  • In view of inadequate availability and even absence of last mile connectivity at present, the new policy seeks to ensure it focusing on a catchment area of five kms.


Corpus fund for Secondary and Higher education
The Union Cabinet has accorded its approval for creation of a non-lapsable pool in the Public Account for secondary and higher, education known as “Madhyamik and Uchchtar Shiksha Kosh” (MUSK) into which all proceeds of “Secondary and Higher Education Cess” will be credited.
  • Administration and maintenance of the above pool will be done by Ministry of Human Resource Development.
  • The MUSK would be maintained as a Reserve Fund in the non-interest bearing section of the Public Accounts of India.
  • The funds arising from the MUSK would be utilized for schemes in the education sector which would be available for the benefit of students of secondary and higher education, all over the country.


Govt. clears T.N.’s NEET ordinance
The Union Law Ministry forwarded to the President the Tamil Nadu government’s proposed ordinance on one-year exemption from NEET. The ordinance will be applicable for only government medical colleges in the State.
  • Union Law Minister Ravi Shankar Prasad cleared the proposed ordinance based on the opinion of Attorney General K.K. Venugopal.


MOUs signed for distribution of Energy Efficient appliances
Energy Efficiency Services Limited (EESL), under the Ministry of Power, have signed a Memorandum of Understanding (MoU) with Oil Marketing Companies (OMCs) under the Ministry of Petroleum and Natural Gas (MoPNG) for distribution of energy efficient appliances under the flagship Unnat Jeevan by Affordable LEDs and appliances for All (UJALA) scheme.
  • According to the agreement, Oil Marketing Companies- IOCL, BPCL and HPCL will take up distribution of LED Bulbs, LED Tubelights and energy efficient Fans from select retail outlets across the country.
  • The main objective of the scheme is to promote efficient lighting, enhance awareness on using efficient equipment which reduce electricity bills and help preserve environment.
  • The scheme is being implemented by Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Union Ministry of Power.


North Koel Reservoir Project
The Union Cabinet has given its approval to the proposal to complete the balance works of the North Koel Reservoir Project in Jharkhand and Bihar at an estimated expenditure of Rs.1622.27 crore to be incurred during three financial years from the start of the project.
  • The Cabinet also approved storage of water in dam restricted at lower level than envisaged earlier to reduce the submergence and to protect Betla National Park and Palamau Tiger Reserve.
  • The project is situated on North Koel river which is a tributary of Sone river finally joining the river Ganga. The North Koel Reservoir is located in the most backward tribal areas in Palamau and Garhwa districts of Jharkhand State.


101 Indira canteens opened in Bengaluru
Invoking former Prime Minister Indira Gandhi’s ‘garibi hatao’ slogan, Karnataka Chief Minister Siddaramiah made the humble ‘Vaangibath’ (brinjal rice).
  • The canteens, 101 of them, had been opened to provide low cost and hygenic food as in Tamil Nadu’s Amma canteens. They were a continuation of schemes like Anna Bhagya which are aimed at making Karnataka hunger free.
  • The canteens have been named after former Prime Minister Indira Gandhi because she was the first to give the call ‘garibi hatao.


Melbourne named ‘World’s Most Liveable City’
Melbourne has been named ‘The World’s Most Liveable City’ for the seventh consecutive year by the annual Economist Intelligence Unit’s (EIU) Global Liveability Index.
  • The EIU’s Liveability Ranking assesses living conditions in 140 cities across the globe by assigning a rating across five broad categories.
  • The rating quantifies the challenges that might be presented to an individual’s lifestyle in any given location, and allows for direct comparison between locations.


Origin of modern apples traced to Kazakhstan
The modern crisp apple originated in a mountainous region of Kazakhstan, according to a study which reveals a surprising two-way journey on the Silk Road for one of the world’s most popular fruit.
  • As travellers journeyed east and west along the Silk Road, they brought with them apple seeds from the choicest fruit they took from wild trees, researchers said.
  • This early selection would eventually lead to the 7,500 varieties of apple that exist today.


Israel to revoke journalist’s credentials
Israeli authorities were moving to revoke the press credentials of a journalist for Al-Jazeera, after having announced plans to close the news network’s offices in the country.
  • The government press office distributed video of an interview last year in which the journalist, Elias Karram, called his work an “integral part” of Palestinian resistance.


SpaceX ‘Dragon’ docks in ISS
A SpaceX shipment arrived at the International Space Station, delivering a bonanza of science experiments.
  • The SpaceX Dragon capsule pulled up following a two-day flight from Cape Canaveral. NASA astronaut Jack Fischer used the space station’s hefty robot arm to grab the Dragon 400 km above the Pacific, near New Zealand.
  • The Dragon holds 3 tonnes of cargo, mostly research. The extra-large science load includes a cosmic ray monitor, a mini satellite with cheap, off-the-shelf scopes for potential military viewing, and 20 mice for an eye and brain study.


Daniel Craig confirms return as James Bond
Daniel Craig has confirmed that he will return as James Bond in the 25th Bond movie.
  • The 25th movie will be Craig’s fifth outing as the fictitious secret agent.



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