Current Affairs Daily Updates: 18 September 2017

Mentor for Bank Exams
Current Affairs Daily Updates: 18 September 2017
Dear Aspirants,
Welcome to Mentor for Bank Exams. Current Affairs 18 September 2017 happenings of day are covered here. All types of current affairs like National, International, Economic, Science and Technology are covered in detail in this date wise current affairs section. Aspirants who are preparing for various government sector jobs like SBI, IBPS, SSC and UPSC exams can make use of this.
Y C Modi appointed as Director General of National Investigation Agency
  • Senior Indian Police Service (IPS) officer Y C Modi was appointed the new Director General of National Investigation Agency (NIA).
  • The order regarding the appointment was issued by the Union Ministry for Home Affairs. Modi will replace Sharad Kumar, who is will retire on 30 October 2017.
  • Modi is an IPS officer of the 1979 batch of the Haryana cadre. He had also been part of a Supreme Court-appointed Special Investigation Team (SIT) that probed 2002 Gujarat riots case.
  • He has also served as the Additional Director General of Police in Shillong, and Additional Director in the Central Bureau of Investigation (CBI).
Infosys Senior VP Sanjay Rajagopalan Quits
  • Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post. The decision has come a month after Vishal Sikka stepped down as the company’s MD and CEO. He was employed with Infosys from August 2014 to September 2017.
President’s Medal for Former DIG D Roopa
  • Former DIG D Roopa, who highlighted in a report alleged irregularities at the central jail in Karnataka, including preferential treatment to AIADMK leader V K Sasikala, was conferred the President’s Medal.
  • The award was presented to Roopa for her meritorious service by Governor Vajubhai Vala at a ceremony at Raj Bhavan in the presence of Karnataka Chief Minister Siddaramaiah.
S S Rajamouli receives ANR award
  • Vice President M Venkaiah Naidu has given the film-maker S S Rajamouli with the prestigious A Nageswara Rao (ANR) National Award for his contribution to the Telugu film industry.
  • The award was given annually to recognize people for their lifetime achievements and contributions to the Indian film industry.
  • Earlier, in 2016, Rajamouli was honoured India's fourth highest civilian Honour Padma Shri, for his contributions towards the field of Art.
Airtel Payments Bank launches UPI enabled digital payments in India
  • Airtel Payments Bank become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.
  • It adds to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money transfers to any bank account in India.
  • For UPI-based payments and transfers, the customers are not required to furnish their bank details to enable transactions and can create easy to remember IDs, ensuring optimal data security.
  • Customers can also link their Airtel Payments Bank savings accounts to any of their UPI handles on popular apps such as BHIM or UPI of other banks.
GSTN reopens window for composition scheme
  • The GST Network has reopened the facility for small taxpayers with a turnover of up to 75 lakh rupees to opt for composition scheme (till 30th September 2017).
  • Earlier, Taxpayers were given time till 16th August to opt for composition scheme.
  • But, only 10.86 lakh taxpayers, out of total 85 lakh registered businesses opted for the scheme.
  • The window will be open for those taxpayers who have migrated from the earlier excise, service tax or VAT regime as well as for new registered taxpayers.
Google launches mobile wallet and payments app 'Tez' in India
  • Google launched a mobile wallet and payments app 'Tez' in India that will let users link their phones to their bank accounts to pay for goods in physical stores and online.
  • It is available for both Android and iOS users, the app also allows person-to-person money transfers.
  • Google linking up with several major banks in the country by way of UPI (Unified Payments Interface) a payment standard and system backed by the government in its push to bring more integrated banking services into a very fragmented market.
  • The Supported banks include Axis, HDFC Bank, ICICI and State Bank of India and others that support UPI.
  • Online payment partners include large food chains like Dominos, transport services like RedBus, and Jet Airways and to help address one of the many ways that the Indian market is fragmented, the app has support for English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu.
Marshal of Indian Air Force Arjan Singh passes away
  • India's oldest, five-star ranked Air Force Officer (IAF) ‘Arjan Singh’ (98-year) passed after suffering a heart attack.
  • Singh served as the IAF's Chief of Staff during the 1965 India-Pakistan war.
  • He was the only officer of the IAF to be given a distinction equal to that of a Field Marshal.
  • After his retirement, Mr. Singh served the nation as an ambassador to Switzerland (in 1971), as High Commissioner to Kenya (in 1974) and became the Lt. Governor of Delhi (in 1989).
Peruvian President appoints former Economy Minister as new PM
  • Peruvian President Pedro Pablo Kuczynski has appointed a former Economy Minister Mercedes Araoz (56-year) as his new Prime Minister.
  • Araoz replaced Fernando Zavala.
  • She served as Minister of Foreign Trade and Tourism from 2006 to July 2009, after which she was appointed Peru's finance minister.
Russia and Iraq Restore Air Travel After 13-Year Freeze
  • Russia and Iraq restored commercial airline services for the first time since 2004, with an Iraqi Airways plane leaving for Moscow from Baghdad.
  • Russia suspended flights to Iraq after the 2003 US-led invasion pushed the Arab country into war.
  • It is a signal on the part of the Iraqi authorities that Russian nationals can safely visit Iraq.
Union Minister Sushma Swaraj in New York to Attend UNGA Session
  • External Affairs Minister Sushma Swaraj to attend the annual UN General Assembly (UNGA) session.
  • She will hold a high-level meeting with US Secretary of State Rex Tillerson and Japanese Foreign Minister Fumio Kishida.
  • She has five other meetings with Bhutanese Prime Minister Tshering Tobgay and with foreign ministers Khemaies Jhinaoui of Tunisia, Anders Samuelsen of Denmark, Edgars Rinkevics of Latvia and Fernando Huanacuni Mamani of Bolivia.
  • India is among the 120 countries that have supported the reform efforts of the UN Secretary-General.
Union Minister Rajnath Singh launched full-fledged intelligence wing of Sashastra Seema Bal (SSB)
  • The Union Ministry of Home Affairs launched full-fledged intelligence wing of Sashastra Seema Bal (SSB).
  • The intelligence wing will gather actionable information in a bid to enhance operational efficiency.
  • The paramilitary force guards India's borders with Bhutan and Nepal which are often used by criminals and Kashmiri militants returning from Pakistan.
  • Around 650 field and staff agents to gather actionable information and SSB’s intelligence wing personnel will be deployed on India-Nepal and India-Bhutan where there are no restrictions on movement of people on either side due to visa-free regime.
Assam Skill City to have 10,000 training seats may take 4-5 years to get functional
  • The Assam State government to launch well-equipped cities with the capacity of 10000 seats in the state.
  • A Singapore based premier institute will support the state government for further development.
  • A temporary complex with 400 capacity is being set up in Guwahati.
  • Around 30 thousand former militants will be given skill development training and cease-fire camps where they are residing now will be made production centers.
Prime Minister Narendra Modi dedicates Sardar Sarovar Dam to nation
  • Prime Minister Narendra Modi dedicated to the nation the Sardar Sarovar Dam (on river Narmada) at Kevadia in Narmada district of Gujarat.
  • The project will irrigate 2,46,000 hectares of land in the strategically important desert districts of Barmer and Jalore in Rajasthan and 37,500 hectares in the tribal hilly tract of Maharashtra.
  • Earlier, the Narmada Control Authority has allowed closure of the dam’s sluice gates so that the water rises to its full height of 138.68 meters (earlier 121.92 meters).
  • The storage capacity also rose to 4.73 million cubic meters, MCM (earlier,1.27 MCM).
Union Government saved 65,000 crores through Direct Benefit Scheme (DBT)
  • Union Human Resource Minister Prakash Javadekar informed that Central government saved Rs 65,000 crore through Direct Benefit Transfer (DBT) in various public schemes.
  • The Scores of welfare schemes have been linked to DBT, under which the receivables are transferred directly to the beneficiary's bank accounts.
  • The government successfully opened 30 crores Jan Dhan bank accounts and 118 crore Aadhar numbers have been issued.
Iron Union 5: US and UAE Joint Military Exercise
  • The US and UAE’s ground forces had begun a joint military exercise in Abu Dhabi, as part of efforts to consolidate their bilateral relations and exchange training and military expertise.
  • Code-named Iron Union 5, the drill is an extension of a series of Iron Claw exercises.
  • The exercise aims to upgrade and boost the readiness of the UAE’s armed forces and to allow both armies to promote their international co-operation in joint military operations.
India and US armies begin 'Yudh Abhyas 2017' military exercise
  • The 13th edition Yudh Abhyas 2017, a joint military training exercise between India and United States held at Joint Base Lewis McChord, Washington.
  • Yudh Abhyas is annual bilateral military exercise, alternately held by the two countries.
  • Both sides jointly trained, planned and executed series of well-developed tactical drills for neutralization of likely threats that may be encountered.
Lewis Hamilton won Singapore Grand Prix
  • Mercedes' British Formula One driver Lewis Hamilton registered his 60th career won at the Singapore Grand Prix.
  • He defeated Ferrari's Sebastian Vettel score and reached the top of the table with 28 points.
  • Daniel Ricciardo won the second place in the race.
PV Sindhu wins Gold at Korea Open Superseries Competition
  • PV Sindhu becomes the first Indian to win Gold Medal at the Korea Open Superseries Competition.
  • She defeated Japan's Nozomi Okuhara in the women's singles final.
  • She was second Indian female shuttler to win Olympic medal after Saina Nehwal who had won a bronze medal in 2012 London Olympics.
  • It was overall her third super series title of her career.
  • She won 2016 China Super Series Premier and India Super Series and Syed Modi Grand Prix.