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Weekly Current Affairs 8th to 14th October , 2017

We are sharing Weekly Current Affairs 8th October - 14th October 2017 (English Edition). This file of Weekly Current Affairs is a collection of important news and events that occurred in the week 8th October - 14th October 2017. These News are highly important for various competitive exams and interviews.
We have Covered all the given important heads:

  • Banking News
  • National News
  • International News andamp; Foreign Affairs
  • Defence and Science-Tech
  • Important Days
  • New Appointments and Persons in News
  • Awards

Click Here To Download Weekly Current Affairs 8th October - 14th October, 2017

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Current Affairs October 14, 2017

1. Government launches SampoornaBima Gram (SBG) Yojna:

  • With an aim to provide affordable life insurance services to people living in rural areas, the Union Government has launched SampoornaBima Gram (SBG)Yojna with expanding the coverage of Postal Life Insurance (PLI).
  • Under the SBG Yojna, at least one village with a minimum of 100 households will be selected in each district of the country to cover all households of the identified village with minimum of one Rural Postal Life Insurance Policy.

2. G-20 Finance Ministers Meeting in Washington D.C.

  • The Union Finance Minister ArunJaitley has participated in the G-20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Washington D.C.
  • The agenda of the meeting was global economy and framework for growth, compact with Africa and International Financial Architecture.

3. Safe Cities Index 2017: Tokyo on the top of the list, Delhi 43rd:

  • Tokyo has secured the top rank on the Safe Cities Index 2017 report released by the Economist Intelligence Unit (EIU).
  • The EIU identified 60 cities on two parameters namely personal and health security.
  • Tokyo has been followed by Singapore and Osaka with second and third rank while Delhi has secured 43rd spot.

4. October 13th: International Day for Disaster Reduction:

  • In order to promote risk awareness and disaster reduction globally, the International Day for Disaster Reduction is observed every year on 13th October.
  • The day seeks to encourage citizens and governments to take part in building more disaster resilient communities and nations.
  • This year’s theme is “Home Safe Home: Reducing Exposure, Reducing Displacement”.

5. India-Sri Lanka Joint Military Exercise Mitra Shakti 2017 held in Pune:

  • The 5th edition of the India-Sri Lanka Joint Military Exercise Mitra Shakti 2017 was recently held in Pune, Maharashtra.
  • The two weeks long exercise has been conducted for counter terrorism and counter insurgency operations.Infantry companies from both the countries are participating in it.

6. Mastercard launches its first Innovation Centre in India:

  • US based fintech company Mastercardis going to launch global research and development arm Mastercard Lab in Pune, Maharashtra.
  • This will be the first such lab in India, second in Asia-Pacific Region and ninth in the world.
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Current Affairs October 13, 2017

1. Cabinet approval for MoC between India and Japan on Technical Intern Training Program:

  • With an aim to enhance the bilateral cooperation between India and Japan in skill development, the Union Cabinet has approved to sign a Memorandum of Cooperation (MoC) on Technical Intern Training Program.
  • Under the program, Indian technical interns will be sent to Japan for on job training for a period of three to five years.

2. Cabinet approves SANKALP and STRIVE Schemes to boost Skill India Mission:

  • The Cabinet Committee on Economic Affairs (CCEA) has approved Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE) to provide a boost for Skill India Mission.
  • The two schemes have been supported by the World Bank.
  • SANKALP Scheme aims at channelizing skill, experience and time available with retired government servants into meaningful, voluntary contribution to society.
  • STRIVE Scheme aims to incentivize ITIs to improve overall performance including apprenticeship by involving SMEs, business associations and industry clusters.

3. Global Hunger index 2017: India ranks 100 among 119 countries:

  • India has secured 100th rank among 119 nations on Global Hunger index (GHI) 2017 report released by Washington based International Food Policy Research Institute (IFPRI).
  • It has slipped by three positions as compared to 97th rank in 2016 GHI report.
  • The four parameters of GHI are undernourished population, child wasting, child stunting and infant mortality rate.

4. First Meeting of EAC-PM held in New Delhi:

  • The first ever meeting of newly constituted Economic Advisory Council to Prime Minister (EAC-PM) was recently held at NITI Aayog in New Delhi.
  • It was chaired by BibekDebroy, member of NITI Aayog.
  • Current economic, fiscal and monetary policy related issues were high on the agenda of the meeting.

5. 44th Indian Handicrafts and Gifts Delhi Fair:

  • The Export Promotion Council for Handicrafts (EPCH) has organized the 44th edition of Indian handicrafts and Gifts Fair (IHGF) in Greater Noida.
  • The five day fair is amongst Asia’s largest gifts and handicrafts fair held biannually.

6. INS Satpura and Kadmatt participate in Passage Exercise in Japan:

  • Indian Naval ships Satpura and Kadmatt has participated in Passage exercise (PASSEX) with Japanese Marine Self Defence Force in Japan.
  • India’s participation in this exercise demonstrates its Act East Policy and commitment to peace and stability in the Indo-Pacific region.

7. India’s first STP under Hybrid Annuity Mode:

  • India’s first Sewage Treatment Plant (STP) under Hybrid Annuity Mode will come up in Haridwar and Varanasi.
  • For this, a tripartite agreement was signed between National Mission for Clean Ganga (NMCG) and state level executing agencies Uttar Pradesh Jal Nigam and UttarakhandPeyJal Nigam.
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Current Affairs October 12, 2017

1. Tatus change for IALA:

  • Union Cabinet has given approval to change the status of International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) from Non-Governmental Organization (NGO) to Inter-Governmental Organization (IGO).
  • The decision will bring IALA at par with International Maritime Organization (IMO) and International Hydrographic Organization (IHO).
  • It will also facilitate safe, economic efficient movement of vessels.

2. Cabinet approves MoC between India and Japan to establish Liquid, Flexible and Global LNG Market:

  • With an aim to promote bilateral relations between India and Japan in energy sector, the Union cabinet has approved the signing of the Memorandum of Cooperation (MoC) between the two countries on establishing a liquid, flexible and Global LNG market.
  • The MoC will provide a platform to allow the two nations to cooperate in establishing the LNG contracts and exploring the possibilities of reliable LNG spot price indices reflecting true LNG demand and supply.

3. Himachal Pradesh implements Senior Citizen Health Insurance Scheme:

  • Considering the geriatric health care services as a crucial factor, the Himachal Pradesh Government has implemented the Senior Citizen Health Insurance Scheme by way of additional cover.
  • The scheme would provide the top up coverage of Rs.30,000 per senior citizen to all the existing RashtriyaSwasthyaBimaYojna (RSBY) smart card holders.

4. Maharashtra launches Web Portal to provide information on New Government Schemes:

  • Maharashtra Government has launched a new web portal ‘MahaLabharthi’ to provide information to people about all the Government schemes.
  • People can register themselves on the portal to avail the benefits of different schemes they are eligible for.

5. 11th October : International Day of Girl child:

  • With the theme- “The Power of the Adolescent Girl: Vision for 2030”, the International Day of the Girl Child has been observed worldwide on 11th October.
  • The day aims to highlight and address the needs and challenges girls face.

6. AnupamKher appointed as the new Chairman of FTII:

  • Veteran actor AnupamKher has been appointed as the new Chairman of Film and Television Institute of India (FTII).
  • He has succeeded GajendraChauhan.
  • FTII is the premier institute in the country that provides training for acting, film making, direction and production under the Ministry of Information and Broadcasting.

7. ICICI Bank committed financial assistance to Armed Forces:

  • India’s largest private sector bank ICICI has committed financial assistance of Rs. 10 crore to the Indian Armed Forces.
  • The fund will be used to support post-graduation education of the widows of the soldiers, education of their wards and to provide financial assistance for the marriage of their daughters.
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Current Affairs October 11, 2017

1. First BIMSTEC Disaster Management exercise held in New Delhi:

  • National Disaster Response Force (NDRF) has recently conducted first BIMSTEC Disaster Management exercise-2017 in New Delhi from 10th to 13th October.
  • The exercise aims to provide a platform that will help to strengthen and coordinate the best practices for disaster management among the BIMSTEC (Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation) member countries.

2. Rajasthan became the first state to incorporate skill development program in higher education:

  • Rajasthan has become the first state in India to include skill development program in higher education. To implement this, Indira Gandhi National Open University (IGNOU) has collaborated with state’s Department of College Education to prepare 16 courses for entrepreneurship and skill development for different colleges in the state.
  • Under the program, 12 certificate and 4 diploma courses will be conducted and colleges will have to choose 5 courses.

3. IMF lowers India’s growth forecast to 6.7%:

  • World Economic Outlook (WEO) of the International Monetary Fund (IMF) in its October edition has anticipated India’s growth at 6.7% for 2017 and 7.4% in 2018.
  • The report has mentioned the impact of Demonetization and implementation of Goods and Services Tax (GST) as the main reasons behind the expected slowdown during the current and the next financial year.

4. Japan launches satellite for high tech GPS:

  • Japan Aerospace Exploration Agency (JAXA) has successfully launched Michibiki-4 satellite (QZSS-4) from Tanegashima Space Centre.
  • It was the fourth satellite in the Michibiki series i.e. Quasi-Zenith Satellite System (QZSS), which is a satellite based high precision Global Positioning System similar to US operated GPS.

5. NishaBiswal appointed as the new President of USIBC:

  • Former US Assistant Secretary of State for South and Central Asia, NishaBiswal has been appointed as the President of US-India Business Council (USIBC).
  • US-India Business Council (USIBC) is a premier business advocacy organization dedicated to strengthen the commercial and economic relations between US and India.

6. India occupies 8th slot in 2017 Valuable National Brand List:

  • According to the Brand Finance’s Nation Brands 2017 report, India has secured 8th rank out of 100 countries on the list of most valuable nation brands.
  • Previously, India was on the 7th spot.
  • US has secured the first rank, followed by China and Germany.
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