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Daily Current affairs - December 30th, 2017 for all competitive exams

Government approved Rs 4,066 crore for internet in all panchayats
Under BharatNet project, Telecom Minister Manoj Sinha announced that government has approved Rs.4066 crore for the development of internet in all panchayats.
  • The connections will be provided through Wi-Fi or any other suitable broadband technology.
The government provided optical fiber connectivity by laying 2, 52,547 km Optical Fiber Cable (OFC) to all gram panchayats. And plans to connect all the panchayats by March 2019.
In the 1st phase government plans to connect 1 lakh Gram Panchayats on 100Mbps.


Lok Sabha amends bankruptcy law
The Lok Sabha amended the Insolvency and Bankruptcy Code law to prevent wilful defaulters and existing promoters from taking part in insolvency proceedings of stressed assets of companies unless they make their bad loans operational by paying up interests.
  • The Bill will replace an ordinance that was brought in November to prevent unscrupulous promoters from misusing the provisions of the Insolvency and Bankruptcy Code (IBC).
A defaulter, however, can become “eligible to submit a resolution plan” if they clear all dues with interest and other charges relating to their NPA accounts. 


Minister flags off cargo movement on Brahmaputra
In a major boost to inland waterway transport system in the Northeast, Union Shipping Minister Nitin Gadkari flagged off cargo movement on the Pandu-Dhubri route of the Brahmaputra river.
  • Stating that modern and well-equipped river ports would be established along the banks of the river, the Minister said transportation of cargo on the National Waterway 2 -- from Pandu in Guwahati to Dhubri along the Assam-Bengal border -- would reduce logistics cost and save 300-km road travel.


Nirmala Sitharaman Launches Start-up Incubation Centre in Mangalore
Nirmala Sitharaman has launched a start-up incubation centre called the Centre for Entrepreneurship Opportunities and Learning (CEOL) in Mangaluru, Karnataka.
  • She has allocated Rs. 1.5 crore from her MPLAD (Member of Parliament's Local Area Development) scheme for the development of CEOL. 
She represents Karnataka as an MP in the Rajya Sabha.
India’s first full time defence minister: Nirmal Sitaraman


Hyderabad welcomes ‘Robocop’ prototype
Hyderabad may soon get its first ‘robocop’, with the launch of a prototype in the city.
  • It recognises voice and can interact in English. In the near future, it will recognise Telugu and Hindi as well.
  • In its present form, the smart police robot can assist people at malls, streets, airports and railway stations.
  • This five-foot-seven-inch tall ‘smart police robot’, weighing 43 kg, is not yet capable of chasing down criminals.But according to its makers, it can take complaints, record audio and video clips, identify suspects, detect metals, and monitor temperature.
The policing robot has been made by H-BOTS, a Hyderabad-based artificial intelligence (AI) and machine learning start-up. It was conceived at Makers Leeway, the start-up’s research lab, six months ago.


MiG-27 ML aircraft gets farewell from the Indian Air Force
The IAF bade farewell to the last MiG-27 ML aircraft which roared over Hasimara Air Force base in Bengal on Thursday.
  • Code named ‘Bahadur’ the MiG-27 ML has had an impeccable track record in its more than three decades of service.
  • The Russian origin strike aircraft has the single most powerful engine in the world and variable geometry wing.
The air craft was inducted into the IAF fleet in the late 1980s.
MiG-27 had proved its worth in the Kargil war and won prizes in numerous international exercises held in India.
  • A few of the MiGs got a avionics upgrade and continue to serve the nation. They are called MiG-27 UPG and are presently based in Jodhpur.
  • The 22 Squadron, known as ‘Swifts’ was the last squadron of MiG-27 MLs.


Army to procure new bulletproof jackets
The Army’s attempts to procure bulletproof jackets for its infantry soldiers have moved closer to conclusion. A tender for 1.86 lakh jackets has moved to the negotiation stage and is expected to be finalised in the next couple of months.
  • Three Indian companies are in the fray and all three have now cleared the GS evaluation. In the next stage, price benchmarking would be undertaken and the supplier would be selected followed by cost negotiations with the shortlisted vendor, the official said.
The Defence Acquisition Council (DAC) had given approval for the procurement in 2009. In 2015 the Army cancelled the Request for Proposal (RFP) due to rejection of all samples in the trials.


31 satellites to be launched in a single mission by ISRO
ISRO announced that it would launch 31 satellites, including India’s Cartosat-2 series earth observation space craft, in a single mission on board its Polar rocket on January 10.
  • It will be the first Polar Satellite Launch Vehicle (PSLV) mission after the unsuccessful launch of navigation satellite IRNSS-1H in August.
  • The mission’s main payload would be India’s Cartosat-2 series earth observation satellite.
  • PSLV-C40 will be used for the launch from the spaceport in Andhra Pradesh’s Sriharikota.
  • 28 nano satellites from various countries, including Finland and the US, one micro and nano satellite from India along with one Cartosat satellite are part of the mission.
The Indian Space Research Organisation is the space agency of the Government of India headquartered in the city of Bangalore.
Founder: Vikram Sarabhai
Founded on: August 15, 1969
Present Director: A S Kiran Kumar


India and Myanmar sign MoU to develop Rakhine state
India and Myanmar signed a memorandum of understanding (MoU) to develop Myanmar’s Rakhine state.
  • Foreign Secretary S Jaishankar signed the MoU on India’s behalf in the presence Myanmar’s Minister for Social Welfare Win Myat Aye.
  • Indian Ambassador to Myanmar Misri said that during the meeting, discussions focused on delivering on commitments made during the bilateral summit between Suu Kyi and visiting Indian Prime Minister Narendra Modi in September.The commitments included a development package for Rakhine and extending the bilateral agenda.
Myanmar
Capital
Naypyidaw
Currency
Burmese kyat
President
 Htin Kyaw


China Launches World's Largest Human Genome Research Project
The world's largest human genome research project of 100,000 people was launched by China to document their genetic makeup for a study that aims to help generate the precision medicines of the future. 
  • It is the country's first large project detecting the genetic links between health and sickness and will involve people from different ethnic backgrounds and regions.


Russia and Turkey sign Missile Loan Deal
Turkey and Russia have signed a loan agreement in Ankara to purchase S-400 missile defence system worth $2.5 billion.
  • Russia will provide Turkey with four batteries of S-400 surface-to-air missile system under the deal and Turkey will pay 45 per cent of the cost up front with Moscow providing loans to cover the remaining 55 per cent.
  • The two countries had reached an agreement for the purchase, but have been discussing on a loan provided by Russia.
  • Turkish President Recep Tayyip Erdogan said Turkey will borrow the loan on Russian ruble, instead of US dollar, so the debt will be cheaper for Ankara.
Russia
Turkey
Capital
Moscow
Ankara
Currency
Russian ruble
Turkeish lira
Presidnet
Vladimir Putin
Recep Tayyip ErdoÄŸan


KKR Gets RBI Nod to Start India’s 1st Foreign-Owned ARC
US buyout giant KKR & Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India as it received approval from the Reserve Bank of India.
  • KKR, one of the most aggressive investors in financial services, plans to deploy a major chunk from its record Asia fund for buying troubled assets in the country, multiple sources with direct knowledge of the matter.


Ex-soccer star George Weah was elected as the new president of Liberia
Former FIFA World Player of the Year George Weah has been elected as Liberia’s new president.
  • The National Election Commission later declared Weah president-elect and his running mate Jewel Howard-Taylor vice president-elect.
  • Africa’s first female president, Nobel Peace Prize winner Ellen Johnson Sirleaf, is stepping aside after two terms at the head of the nation founded by freed American slaves.
Liberia
Capital
Monrovia
Currency
Liberian dollar
President
George Weah 


78th Session of Indian History Congress Held in Kolkata
The three-day long 78th session of the Indian History Congress begun in Kolkata, West Bengal.
  • The Indian History Congress had six sections this time - Ancient India, Medieval India, Modern India, Countries Other than India, Archaeology and Contemporary India.
Indian History Congress is the largest professional and academic body of Indian historians with over 10,000 members. It was established in 1935 The aim of conducting Indian History Congress is for promotion and encouragement of the scientific study of Indian History.


Sahasrabuddhe appointed ICCR President
President Ram Nath Kovind appointed Vinay Sahasrabuddhe as the president of the Indian Council of Cultural Relations.
  • Mr. Sahasrabuddhe, the BJP’s national vice-president, is also a Rajya Sabha member from Maharashtra.
The Indian Council for Cultural Relations (ICCR) was founded in 1950 by Maulana Abul Kalam Azad, independent India’s first Education Minister.
Its objectives are to actively participate in the formulation and implementation of policies and programmes pertaining to India’s external cultural relations; to foster and strengthen cultural relations and mutual understanding between India and other countries; to promote cultural exchanges with other countries and people; and to develop relations with nations.


Jitu Rai new national Record in National Shooting Championship
Indian Shooter won the men’s 50m pistol 61st National Shooting Championship hosted by Thiruvananthapuram.
  • Jitu Rai score 233 was a new record in the finals of National shooting championship.


Rajneesh Gurbani becomes 2nd bowler to take hat-trick in Ranji final
Vidarbha’s Rajneesh Gurbani took hat-trick wickets against Delhi to restrict the opposition’s total to 295.
  • The right-arm medium fast bowler clean bowled Vikas Mishra and Navdeep Saini in his 23rd over in the last two deliveries.
  • Returning to bowl for his 24th over, he bowled out Dhruv Shorey in the first ball to take his maiden first-class cricket hat-trick.
  • Gurbani became only the second bowler to take a hat-trick in Ranji Trophy Final after B Kalyanasundaram for Tamil Nadu against Bombay in 1972/73 in Chennai.


Sushil Kumar Qualifies for 2018 Common Wealth Games
Sushil kumar qualifies for 2018 common wealth games which are scheduled to be held in Gold Coast, Australia.
  • Sushil beat Jitender Kumar in the 74 kg category to take a place at this year’s competition.




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