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May 27, 2017

27th May 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (27th May 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 27th May 2017

National Current Affairs
  • Inaugurating India's first electric mass mobility system, Maharashtra CM Devendra Fadnavis and Union Transport Minister Nitin Gadkari flagged off 200 electric public transport vehicles in Nagpur today. 
    • The pilot project, comprising 100 e-taxis and 100 e-rickshaws with four charging stations, would run on Ola's app. 
  • Prime Minister Narendra Modi has laid the Foundation Stone of the Indian Agricultural Research Institute at Gogamukh in Assam’s Dhemaji district located on the Assam-Arunachal Pradesh border. 
    • This will be the third Indian Agricultural Research Institute (IARI). 
    • Note : Apart from IARI in the national capital, the work on setting up of second IARI in Ranchi, Jharkhand has commenced.
  • Modi also laid the foundation stone for All India Institute of Medical Sciences (AIIMS) at Changsari in the Kamrup District of Assam.
    •  The institute will be constructed at a distance of 26 km from Guwahati and will be constructed at a cost of Rs 1,123 crores as part of the ‘Pradhan Mantri Swasthya Suraksha Yojana’.
  • The Department of Industrial Policy and Promotion (DIPP) has been given back the power to grant licenses for defence manufacturing
    • Note : Earlier the Home Ministry had this responsibility.
  • The candidates fighting election will now have to declare their as well as spouse's sources of income while filing nominations. 
    • The government has amended the Conduct of Election Rules to include a fresh column in the affidavit relating to the source of income of self and spouse.
MOUs & Agreements
  • India and Mauritius today signed 4 agreements after delegation-level talks between Prime Minister Narendra Modi and his Mauritius counterpart Pravind Kumar Jugnauth in New Delhi.
    • The Signed Agreements are :
      • Memorandum of Understanding Between Government of the Republic of India and Government of the Republic of Mauritius for Setting up of Civil Services College in Mauritius;
      • Agreement on Maritime Security;
      • Memorandum of Understanding between Council of Scientific and Industrial Research, India and Mauritius Oceanography Institute, Mauritius for Research and Education in Marine Sciences and Technology;
      • Dollar Credit Line Agreement Between SBM Mauritius Infrastructure Development Co. Ltd and Export-Import Bank of India
    • Note : India also announced $500 million line of credit for Mauritius.
Banking, Business & Economic Affairs
  • ICICI Bank CEO Chanda Kochhar has drawn ₹7.85 crore as total remuneration in 2016-17, a jump of nearly 64% from a year ago.
    • The hike was primarily driven by performance bonus, which Kochhar had forgone a year ago owing to the bank's weak financial results. 
    • Note : In 2015-16, Kochhar was the third-highest paid bank chief with a pay of ₹4.79 crore.
  • Apple has opened its first store in Southeast Asia at Singapore’s upmarket shopping district. 
Science & Technology
  • The construction of the world's largest optical and infrared telescope has begun in Chile's Atacama Desert. 
    • Named Extremely Large Telescope (ELT), it will have a 39-metre-diameter primary mirror housed in an 85-metre rotating dome weighing 5,000 tonnes. 
    • ELT will gather 100 million times more light than the human eye to observe Universe's first galaxies and search for "Earth 2.0".
New Appointments
  • Flipkart CEO Kalyan Krishnamurthy has taken additional charge of the Human Resources at the e-commerce startup amid merger talks with Snapdeal. 
    • He took over the HR function from Chief Operating Officer Nitin Seth.
General Knowledge
  • Longest Bridges in India
    • The 9.15-kilometre long Dhola-Sadiya bridge in Assam, which was inaugurated yesterday by the Prime Minister Modi, is the longest bridge in India. 
    • It is followed by the 5.6-kilometre Bandra-Worli Sea Link in Mumbai, which was built in 10 years. 
    • The Mahatma Gandhi Setu in Bihar, which is 5.58 kilometres in length, is the third-longest. 
    • Important Note : Five of India's 10 longest bridges are in Bihar.
Sports Current Affairs
  • In a bid to boost sports in the state, Jammu and Kashmir's 1st professional football academy was launched in Srinagar today. 
    • Initially, the academy will train footballers in the age groups of 13, 15 and 18, and three professional coaches will be employed for the purpose.
    • Note : India footballer Mehrajuddin Wadoo would be the head of the academy.
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