Important Current Affairs 25th October 2017 with PDF
It is of utmost importance to study the everyday currents affairs & know in detail about the surroundings. Even if you are appearing for any Government Recruitment Exam or not, it is important that you are familiar with the happenings around the world. Banking, SSC and Insurance aspirants can now read the Important General Awareness in PDF. Here is an update containing all the important current affairs for 25th October 2017. You can download the Important Current Affairs 25th October 2017 with pdf capsule too.
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Current Affairs Quiz - 24th October 2017
Important Current Affairs 25th October 2017
Malayalam director IV Sasi passes away
o Noted Malayalam filmmaker I.V. Sasi passed away in Chennai. He was 69 years old.
o He had been ill for a while. He has directed more than 150 movies in his 40 year career.
o He started his career as an art director for Kaliyalla Kalyanam in 1968.
o He made his debut as a director with the movie Ulsavam. He has won various awards like National Film Award, Kerala State Film Awards etc. Flemming joins NBA India
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o National Basketball Association announced Scott Fleming, former India men’s national team head coach, has joined NBA India as Head of Basketball Operations
o Scott Fleming will oversee the league’s youth and elite basketball development in India.
o He was earlier head coach of the Crusaders Basketball team at the Northwest Nazarene University. He served as India men’s head coach from 2012-2015. Jitu Rai, Heena Sidhu win Gold
o Jitu Rai, and Heena Sidhu, picked up their third gold together in the 10m air pistol mixed team event, being held officially for the first time at an ISSF World Cup on the opening day of competitions.
o India is hosting the tournament for the first time in its history.
o Rai and Sidhu finished with 483.4 points, while Florian Fouquet and Celine Goberville of France took Silver with 481. Thakkar first Indian to top ITTF
o Manav Thakkar has become the first Indian to occupy the top spot (3,455 points) on the ITTF World Junior Circuit standings.
o Manav Thakkar hails from Surat. He was previously placed at No. 5 position.
o He has reached the top position of top ITTF Junior Circuit standings after finishing runner-up at the 2017 Serbian Junior and Cadet Open, Belgrade. Divij & Scott crowned EO champions
o India’s Divij Sharan and America’s Scott Lipsky won the European Open trophy in Antwerp, Belgium.
o Divij Sharan and Scott Lipsky defeated Santiago Gonzalez and Julio Peralta by 6-4, 2-6, 10-5 in the finals.
o They won the 2017 European Open title. Divij Sharan has won his first title of the 2017 season on the ATP World Tour, and third overall, by winning the European Open trophy. Venkatesh appointed AMFI chief executive
o NS Venkatesh has been appointed as CEO of Association of Mutual Funds in India (AMFI).
o Before joining AMFI, Venkatesh served in Industrial Development Bank of India (IDBI) for over 19 years, where he held several senior positions, including that of chief financial officer and executive director.
o He was also working as the executive director at Lakshmi Vilas Bank. Kanwaljit became principal secretary
o West Bengal government appointed Kanwaljit Singh Cheema as the principal secretary of Board of Administrators (BoA) in Darjeeling.
o Kanwaljit Singh Cheema, was the principal secretary of the Mass Education Extension and Library Service Department.
o The BoA is a nine-member board. Meghalaya ED enters Limca Book of Record
o Meghalaya Election Department has entered Limca Book of Records for the formation of the biggest human logo comprising young voters in the state.
o The logo formation was part of Mission Unite (U and I towards Enrolment) as part of the Special drive to enroll young and left out voters.
o A total of 2,870 students, 113 schools, three colleges participated. The logo size was 120ft x 75ft. MP tops in digital initiatives
o As per a report by Coeus Age Consulting, Madhya Pradesh has emerged as the top state in terms of digital initiatives undertaken by State Government.
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o Coeus Age Consulting is an organisation which provides consultancy services on various aspects of digital economy.
o A comparative assessment of digital initiatives by 36 states and Union Territories was undertaken by Coeus Age Consulting. IndusInd Bank launches Cobrand App
o IndusInd Bank and MobiKwik announced the launch of a co-branded wallet, “IndusInd Mobikwik”.
o IndusInd Mobikwik wallet allows IndusInd bank’s customers to pay at the MobiKwik merchant network using their accounts.
o This wallet has a ‘direct debit feature’ which allows IndusInd Bank account holders to link their accounts just once and pay using the co-branded app as and when required. SBI ties up with Escorts
o SBI announced that it has entered into a tie-up with Escorts Ltd to finance farmers for the purchase of Escorts tractors.
o As per the terms of the tie-up, farmers across India, who wish to purchase Powertrac and Farmtrac brand tractors manufactured by Escorts, will be provided finance facility by SBI at competitive interest rates.
o This will help a large number of small and marginal farmers. RBI to make LEI must for companies
o Reserve Bank of India (RBI) is set to make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore.
o LEI is a unique 20 digit alphanumeric code that will be assigned to corporate borrowers.
o Fetching loan details on basis of LEI, will prevent banks from extending multiple loans to companies against the same collateral. 30th edition of India – Indonesia CORPAT
o The 30th edition of CORPAT (Coordinated Patrol) and 3rd Bilateral exercise between the Indian Navy and the Indonesian Navy is being conducted in Belawan, Indonesia.
o The exercise will be held from 24th October to 5th November 2017.
o Indian Naval Ship Sukanya arrived at Belawan to participate in the 30th edition of CORPAT. CORPAT exercise is conducted on IMBL twice a year since 2002. India's gift to Bangladesh
o On 22nd October 2017, India gifted a memorabilia of the Bangladesh Liberation War of 1971 to the Bangladesh Prime Minister Sheikh Hasina.
o During the war, about 10 million Bangladesh people took refuge in India. India and Bangladesh fought together to drive out the Pakistani occupation army.
o The memorabilia includes military equipment utilised during the war, artefacts, documents etc. 1st War of Independence: Paika Bidroha
o Union HRD Minister Prakash Javadekar mentioned that from the next academic session, ‘Paika Bidroha’ of 1817 will be included in history text books as ‘the First War of Independence’.
o Paika Rebellion was an armed rebellion against British East India Company, which broke out in the year 1817 across Odisha.
o Combination of social-political-economic causes triggered the Paika rebellion. Nicaragua Signs Paris Climate Agreement
o Central American country Nicaragua has signed the Paris Agreement on climate change.
o Only two countries, United States and Syria are left, who have not signed this global climate pact.
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o Till June 2017, 195 UNFCCC members have signed the agreement, 148 of which have ratified it. EEPC India Signs Pact with PNB
o Engineering Export Promotion Council of India has signed an MoU with PNB to provide easy access to finance for SMEs and merchant exporters of the council.
o PNB will provide finance with assurance that loans up to Rs. 10 crore would be provided within 6 to 7 weeks at competitive rates.
o PNB would also extend foreign currency loan facilities and provide advisory support to EEPC India members. Task Force on ‘Public Credit Registry’
o Reserve Bank of India has constituted a 10-member ‘High Level Task Force on Public Credit Registry (PCR) for India’.
o It will suggest a roadmap for developing a transparent, comprehensive and near-real-time PCR for India.
o The committee will be Headed by YM Deosthalee, ex-CMD, L&T Finance Holdings. 7-lakh cr to develop 83,000 km Highways
o Cabinet has approved the biggest ever highway project to develop and expand approximately 83,000 km of roads at an investment of Rs 6.9 lakh crore by 2022.
o Project also includes the new 28,400 km Bharatmala highway program connecting border areas, improving international, port and coastal connectivity.
o Bharatmala is government's mega plan for improving connectivity in border and other areas. Cabinet approves Capitalisation Plan
o Government has announced an allocation of Rs 2.11 lakh crore over 2 years for the recapitalization of public sector banks.
o The government will essentially issue bonds to banks worth Rs 1.35 lakh crore while Rs 76,000 crore will come through budgetary support.
o Lenders will subscribe to these bonds as part of their investment portfolio. The money raised will then be used to recapitalize banks.
Attempt Current Affairs Quiz of 25th October 2017
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