Current Affairs Daily Updates: 14 September 2017

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Mentor for Bank Exams
Current Affairs Daily Updates: 14 September 2017
Dear Aspirants,
Welcome to Mentor for Bank Exams. Current Affairs 14 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.
APPOINTMENTS
Mahendra Pratap Mall Appointed IRCTC CMD
  • Mahendra Pratap Mall was appointed as Chairman and Managing Director of Indian Railway Catering and Tourism Corporation (IRCTC) Ltd.
  • He is at present director (finance) in the same organisation.
  • The appointments committee of the Union cabinet has approved his appointment to the post for a period of five years, as per the order issued by the Department of Personnel and Training (DoPT).
M Nagaraja Sarma is the new CMD of United India Insurance
  • M. Nagaraja Sarma appointed the chairman-cum-managing director (CMD) of the United India Insurance Co. Ltd.
  • He is at present the general manager, Oriental Insurance Co. Ltd.
  • He is appointed for five years.
AWARDS AND HONOURS
Jawaharlal Nehru Port Container Terminal (JNPCT) wins “Container Terminal of the Year” Award 2017
  • Jawaharlal Nehru Port Container Terminal (JNPCT) was awarded “Container Terminal of the Year” Award, in Mumbai.
  • This is the 10th edition of the Gateway Awards.
  • The award was received by Mr.Neeraj Bansal, Deputy Chairman of JNPCT.
  • The excellent strategies to reduce congestion, smooth delivery of containers and renovation of infrastructure to carry out a trade even in unfavourable conditions.
Raghunandan honoured with Krishi Pragati Award 2017 by NCDEX
  • Raghunandan Industries Private Limited was awarded Krishi Pragati Award 2017, by National Commodity & Derivatives Exchange Limited (NCDEX), in New Delhi.
  • This awarded to appreciate the outstanding contribution made by Raghunandan Industries in the area of Agricultural Commodities.
  • Raghunandan Money provides financial services such as demat, equity, derivatives, currency trading, mutual funds, life insurance, General insurance.
74th Venice Film Festival Awards 2017
  • The 74th annual Venice International Film Festival was held from 30 August to 9 September 2017.
  • The most important award is the Golden Lion at the Venice Biennale and considered one of the most prestigious film awards, like the Golden Palm in Cannes and the Golden Bear of Berlin.
  • The awards are listed below
  • Best Film - Nico, 1988, directed by Susanna Nicchiarelli
  • Best Director - Vahid Jalilvand, No Date, No Signature
  • Special Jury Prize - Caniba, directed by Lucien Castaing-Taylor and Véréna Paravel
  • Best Actress – Lyna Khoudri, Les Bienheureux
  • Best Actor –  Navid Mohammadzadeh, No Date, No Signature
  • Best Screenplay - Los Versos Del Olvido, directed by Alireza Khatami
  • Best Short Film - Gros Chagrin, directed by Céline Devaux
  • Lion of the Future – “Luigi De Laurentiis” Venice Award for a Debut Film Jusqu’à la Garde, directed by Xavier Legrand.
BUSINESS AND ECONOMIC AFFAIRS
Bharti Airtel and SK Telecom to build advanced telecom network in India.
  • Telecom services provider Bharti Airtel and SK Telecom of Korea have announced a strategic partnership under which Airtel will leverage the latter's expertise to build advanced telecom network in India.
  • It is Korea’s largest telecommunications company with more than 29 million mobile subscribers, which accounts for around 50 percent of the total market.
  • The two companies will also collaborate on an ongoing basis to evolve standards for 5G and Network Functions Virtualisation (NFV).
IMPORTANT DAYS OBSERVED
Hindi day celebrated across the country
  • In the year 1949, the Constituent Assembly adopted Hindi written in Devanagari script as the official language of the country.
  • President Ram Nath Kovind will give away Rajbhasha awards for the Year 2016-17 at a function in New Delhi.
  • The Rajbhasha awards were instituted by the Department of Official Language of Home Ministry to recognize the excellent contribution of Ministries, Departments and Nationalized Banks in the field of Hindi.
INTERNATIONAL AFFAIRS
Global Human Capital Index: India at 103, Norway Tops
  • India has been placed at a low 103 rank, the lowest among BRICS economies, on the World Economic Forum's Global Human Capital Index. The list has been topped by Norway.
  • The list takes into account "the knowledge and skills people possess that enable them to create value in the global economic system" to measure the 'human capital' rank of a country. 
  • India is ranked lower than its BRICS peers, with Russian Federation placed as high as 16th place, followed by China at 34th, Brazil at 77th and South Africa at 87th place. The report measures total 130 countries.
  • Top 5 countries in the list are-
    • Norway
    • Finland
    • Switzerland
    • United States
    • Denmark.
Chennai-Vladivostok sea route made India’s effort to counter China’s OBOR
  • India is planning to launch major connectivity initiative, connecting Chennai with key Russian port Vladivostok via sea route with an aim to harness natural resources from Northeast Asia and Western Pacific region.
  • The proposed maritime route can be transformed into a corridor that could juxtapose with Indo-Japan Pacific to Indian Ocean Corridor to counter China’s Maritime Silk Route (MSR) under Border Road Initiative (BRI) which connect entire South East Asia through road, shipping and rail links.
  • India was the first country to establish resident Consulate in Vladivostok in 1992. India’s current engagement with the region is limited to isolated pockets such as Irkut Corporation in Irkutsk where Mig and Sukhoi aircraft are built and over $6 billion worth of investments by ONGC Videsh Limited.
India and Japan ink 15 agreements for enhancing bilateral co-operation
  • India and Japan signed 15 agreements for enhancing bilateral cooperation in several key areas including investment promotion, civil aviation, and science and technology.
  • The agreements were signed in the presence of Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe after 12th annual summit talks in Gandhinagar.
  • Japan has invested 4.7 billion US dollars in India during 2016-17, 80 percent higher than last year.
Turkey Signs Deal to Buy Russian S-400 Missile Systems
  • Turkey signed a deal with Russia to buy S-400 missile defence systems in its first major weapons purchase from Moscow, according to the President of Turkey Recep Tayyip Erdogan.
  • The accord for the surface-to-air missile defence batteries is Ankara's most significant pact with a non-North Atlantic Treaty Organisation (NATO) supplier.
  • Turkey is a NATO member since 1952.
NATIONAL AFFAIRS
Karnataka, 1st Indian State to Approve e-vehicle Policy
  • Karnataka is the first state to roll out an Electric Vehicle and Energy Storage Policy that looks not only at boosting sales of Electrical Vehicles, but also setting up charging infrastructure and special manufacturing zones.
  • Karnataka is looking to attract investments to the tune of Rs 31,000 crore from companies looking at R&D and manufacturing of electric vehicles in the state.
Union Government launches Operation Insaniyat to help Rohingya refugees in Bangladesh
  • The Ministry of External Affairs started Operation Insaniyat to provided assistance to Bangladesh in response to the humanitarian crisis being faced by it due to the large influx of Rohingya refugees from Myanmar.
  • Rohingya are a stateless ethnic minority (mostly Muslim) from Rakhine province of Buddhist-majority Myanmar, who are forced leave their country.
  • They are a stateless ethnic minority (mostly Muslim) from Rakhine province of Buddhist-majority Myanmar, who are forced leave their country due to communal violence and repeated military operations.
Haryana to create Wifi zone in all 6,078 Gram Panchayats
  • The Haryana council of ministers on Wednesday decided to create one Wi-Fi zone in all 6,078-gram panchayats within two years and provide 4G services in every village in the next three years.
  • Under the Haryana Information Technology (IT) and Electronic System Design and Manufacturing (ESDM) Policy-2017 approved by the cabinet, the state government has promised broadband connectivity to every household and Wi-Fi zone at important public places in all towns and cities.
  • The five-year goal of the draft policy includes generation of employment for 15 lakh persons in the IT-ESDM sector by 2020, increasing the sector’s contribution to the gross domestic product (GDP) of the state from 9.4% to 15%, and making Haryana pioneer in research and development for ESDM by producing 1,000 patents.
PM Narendra Modi and Japanese PM Shinzo Abe jointly lay foundation stone for bullet train
  • Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe jointly laid the foundation stone for the high-speed bullet train project between Ahmedabad and Mumbai.
  • The train will cover a distance of over 500 km in around two hours.
  • The project is expected to be completed by 2022.
  • They laid the foundation stone for the dedicated High-Speed Rail Training Institute for the Ahmedabad-Mumbai bullet train to be established inside the existing campus for the National Academy of Indian Railways at Vadodara.