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May 23, 2017

23rd May 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (23rd May 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 23rd May 2017

International Current Affairs
  • Today (23rd May) is World Turtle Day.
    • The purpose of this day is to bring attention to, and increase knowledge of and respect
      for, turtles and tortoises, and encourage human action to help them survive and thrive.
  • The United States and 6 Gulf countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE) have joined hands to curb financing of dreaded terror groups such as Islamic State, Lashkar-e-Taiba, the Haqqani network and Taliban.
    • A memorandum of understanding (MoU) in this regard was signed by the US and six members of the Gulf Cooperation Council (GCC) in Riyadh.
  • Saudi Arabia and the United Arab Emirates have pledged a combined $100 million to a Women Entrepreneurs' Fund proposed by US President Donald Trump's daughter Ivanka Trump.
    • The fund, which Ivanka first proposed during her Germany trip, will be run by the World Bank to help female entrepreneurs with the capital and networking resources to start businesses.
  • In order to eliminate distractions for drivers and increase safety, the Philippine authorities have banned hanging rosaries and religious icons off car dashboards.
    • This ban is the part of a new law which also bars talking or sending messages on mobile phones, putting on makeup, and eating or drinking coffee while driving.
National Current Affairs
  • To curb fraudulent admissions, the Uttar Pradesh government has made Aadhaar Card mandatory for students taking board exams in 2018.
    • Students will have to fill in their Aadhaar numbers at the time of board registration in class IX and XI. 
  • The Lucknow Police today began a new drive in Uttar Pradesh capital wherein petrol will not be provided to refill the tanks of two-wheelers if the riders are found not wearing a helmet
    • Note : The government has asked all petrol pumps to report vehicle numbers to transport authorities whenever they found a two-wheeler rider without a helmet.
Recent Committees in News
  • A 7-member High-Level Committee on Scouts and Guides has submitted its Final Report to Minister for State (Independent Charge) for Youth Affairs & Sports, Vijay Goel with various recommendations.
    • The committee has suggested for the constitution of an Enquiry Committee to take stock of complaints and grievances and submit its report.
    • This committee was Headed by : Harsh Malhotra
Banking, Business & Economic Affairs
  • Vijay Shekhar Sharma-led digital wallet Paytm today launched its Payments Bank operations in Delhi-NCR, with 4% interest on savings account. 
    • The bank will accept deposits of upto ₹1 lakh per customer in a savings or a current account with a zero-balance requirement. 
    • Note : Paytm received licence from the RBI to open payments bank in 2015.
  • Uday Kotak, the billionaire head of Kotak Mahindra Bank, sold a less than 1% stake worth $261 million (over ₹1,600 crore) in the lender today, complying with an RBI order to cut his holding. 
    • Note : The RBI asked Kotak to lower his holding in the bank to 30% by June-end, 20% by December-end 2018, and to 15% by March 2020.
  • Prime Minister Narendra Modi has inaugurated the 52nd Annual General Meeting of the African Development Bank in Gandhinagar. 
    • This meeting will be held during 22nd to 26th May 2017. 
    • Important Points to Note
    • This is the first time that India is hosting the annual meetings of the AfDB and its sister institutions, including of finance ministers of member countries, who comprise the AfDB board of governors. 
    • India had joined the African Development Bank (AfDB) in 1983.
Sceince & Technology
  • Security researchers have identified a new malware called 'Eternal Rocks', which exploits the same vulnerability as WannaCry ransomware and is stronger than the latter. 
    • Similar to WannaCry, EternalRocks uses NSA tool 'EternalBlue' to spread itself from one computer to the next through Windows. 
    • Additionally, it uses six other NSA tools that could help it spread faster than WannaCry.
New Appointments
  • Agriculture Minister Radha Mohan Singh given additional charge of Consumer Affairs, Food & Public Distribution Ministry.
  • Ford Motor has announced it was replacing CEO Mark Fields with James Hackett, the head of the unit developing self-driving cars, in response to investors' growing unease over the carmaker's stock performance. 
Sports Current Affairs
  • Chennai Super Kings announced their comeback to the IPL next year, tweeting the news from their official handle today. 
    • Note : Gujarat Lions and this year's runners-up Rising Pune Supergiant will not feature in the tournament next season.
  • Some important records broken in IPL 2017 :
    • The 10 edition of the Indian Premier League saw over 15 records being broken. 
    • Mumbai Indians became the first team to win three IPL titles, going past Kolkata Knight Riders and Chennai Super Kings who have two titles each. 
    • Gujarat Lions recorded the worst IPL collapse in their last-ever match.
    • Royal Challengers Bangalore posted the lowest-ever IPL total.
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