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August 25, 2017

25th August 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (25th August 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 25th August 2017

International Current Affairs
  • Nepal Prime Minister Sher Bahadur Deuba is on a 5-day visit to India.
    • This visit aims to get India committed to post-earthquake reconstruction and infrastructural expansion in the country.
  • Canadian citizens who do not identify as Male or Female will soon be able to mark "X" on their passports and other identity documents.
MOUs & Agreements
  • Visiting Nepalese Prime Minister Sher Bahadur Deuba and Prime Minister Narendra Modi have signed 8 Memorandum of Understanding (MoUs) in various fields.
    • The signed MOUs are :
      • 3  MoUs on Implementation of the Grant Component of India’s Post-Earthquake Reconstruction Package in the Education Sector, Cultural Heritage Sector and Health Sector in Nepal.
      • Agreement on Cooperation in the field of standardization and conformity assessment.
      • MoU between Institute of Chartered Accountants of India (ICAI) and the Institute of Chartered Accountants of Nepal (ICAN).
      • MoU for Implementation Arrangement for Construction of Mechi Bridge under ADB’s SASEC Road Connectivity Programme (Tranche 2), Funded by India.
      • MoU on Drug Demand Reduction and Prevention of Illicit Trafficking in Narcotic Drugs, Psychotropic Substances and Precursor Chemical and Related Matters
      • MoU on Modalities for Utilization of India’s Housing Grant Component to support Reconstruction of 50,000 Houses.
  • Karnataka Government has signed a Memorandum of Understanding (MoU) with software giant Microsoft India to develop a unique “farm price forecasting model.”
    • The proposed initiative is claimed to be the first-of-its-kind in the country
    • It will aid farmers from states to predict farm prices in advance and deal effectively with the unpredictable market.
National Current Affairs
  • The Union Ministry of Sports and Youth Affairs is going to establish National Sports Museum at Jawaharlal Nehru Stadium, New Delhi
    • Important Note : This will be first of its kind sports museum in India.
  • The Karnataka government will soon come out with an 'Electric Vehicle and Energy Storage Policy' aimed at reducing pollution and promoting healthy environment.
  • Odisha Government has launched a grid-connected rooftop solar programme through net-metering system at the State Secretariat in capital city of Bhubaneswar.
    • Aim of this Programme : Harnessing renewable solar capacity through people’s participation to further strengthen the grid and reduce power losses and benefit the public
  • The Maharashtra education board has launched a web portal with online question banks to help students prepare for competitive exams on their own. 
    • The portal, which can be accessed for free, will function as a substitute for expensive coaching classes.
  • The Cabinet Committee on Economic Affairs (CCEA) has approved renaming of SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) as Pradhan Mantri Kisan Sampada Yojana (PMKSY).
    • About this Scheme :
      • This scheme was approved by the CCEA in May 2017 for the period of 2016-20 coterminous with the 14th Finance Commission cycle. 
      • Objective of this Scheme : To supplement agriculture, modernize processing and decrease agricultural-waste.
  • At least 18 people have been killed and more than 200 injured in Panchkula, Haryana, after Dera Sacha Sauda Gurmeet Ram Rahim Singh was convicted today by a CBI court of raping 2 women in 2002. 
    • The followers of the godman have gone on a rampage. 
    • The rioters have torched at least two railway stations, a power grid and petrol pumps in Haryana.
Banking, Business & Economic Affairs
  • Qantas Airways is set to offer a 20-hour non-stop flight from Sydney to London, making this the world's longest non-stop commercial flight
    • The flight, which will cross ten time zones, will be made available within the next five years.
People in News
  • Drone-making startup DJI's Founder and CEO Frank Wang Tao (36) has been listed as Asia's youngest technology billionaire in Forbes' 2017 'Richest People in Tech' list. 
Science & Technology
  • Software giant Microsoft has announced its Project Brainwave deep learning acceleration platform for real-time artificial intelligence (AI).
    • With the help of ultra-low latency, the system processes requests as fast as it receives them.
New Appointments
  • BJP National President Amit Shah and Union Minister Smriti Irani were officially sworn in as Rajya Sabha MPs
Awards & Honors
  • Real Madrid's Cristiano Ronaldo has been named UEFA's Best Player of the Year for the 2016/17 season.
    • Important Note : With this Ronaldo became the first footballer to receive the honour thrice
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