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December 23, 2017

23rd December 2017 Events - Important Daily Current Affairs

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

Daily Current Affairs of 23rd December 2017

International Current Affairs
  • India has sanctioned $25 million to help develop Myanmar's violence-hit Rakhine State
    • This comes after both nations signed an agreement on restoration of normalcy and development of the Rakhine State. 
    • Important Note : Myanmar Army's crackdown on Rohingya militants in Rakhine State had caused over 6 lakh Rohingya refugees to flee to Bangladesh this year.
National Current Affairs
  • Today (23rd December) is Kisan Diwas (Farmer's Day).
    • This day acknowledges the role of farmers in India’s socio-economic development.
    • This day is observed to celebrate the birthday of Chaudhary Charan Singh, the 5th Prime Minister of India.
    • He used to be referred to as the ‘Champion of India’s Peasants’ for his strive for the betterment of farmer’s lives in the country.
  • Former Bihar Chief Minister Lalu Prasad Yadav was found guilty in the fodder scam case by a special CBI court in Ranchi today.
    • What is this Fodder Scam ?
    • Fodder scam is a series of financial irregularities where ₹950 crore was fraudulently withdrawn by Bihar's animal husbandry department by making a false paper trail of fodder, medicines, and equipment purchases. 
    • The scam was exposed in 1996, leading to Lalu Prasad Yadav's resignation as Bihar CM. 
Banking, Business & Economic Affairs
  • To cut costs as part of a turnaround plan, the Bank of India is going to shut 400 ATMs
    • The bank is planning to shut another 300 more ATMs by the end of February. 
    • Important Note : The RBI has put Bank of India under "prompt corrective action" as bad loans soared and return on assets turned negative at the bank.
  • The government has announced that there was no question of closing down any bank
    • The RBI's decision to initiate a Prompt Corrective Action (PCA) against some public sector banks (PSBs) led to rumours that the government may close down some banks. 
    • The RBI clarified that the PCA framework isn't intended to constrain normal operations of the banks for general public.
  • US President Donald Trump has signed a tax cut bill which proposed the country's biggest tax overhaul in 30 years into law. 
    • The tax reform is estimated to cost $1.5 trillion (over ₹96 lakh crore) to the US economy. 
    • The legislation will nearly double the standard deduction for individuals and cut the corporate tax rate from 35% to 21%.
Awads & Honors
  • Bollywood actors Rajkummar Rao and Alia Bhatt have been named the Hottest Vegetarians of 2017 by animal rights organisation PETA. 
New Appointments
  • Belgium is going to appoint Dominique Mineur as it's envoy to Saudi Arabia.
    • With this, the Western European country will become the first country to appoint a female envoy to Saudi Arabia.
  • The astronaut of National Aeronautics and Space Administration (NASA), Bruce McCandless (80) passed away.
    • He was the first person to fly freely and untethered in space
Science & Technology
  • Scientists from the Zoological Survey of India have discovered a Green frog in Talley Valley Wildlife Sanctuary and named the species Odorrana arunachalensis after its state of discovery, Arunachal Pradesh.
Sports Current Affairs
  • After slamming 10 sixes in the India-Sri Lanka T20I, cricketer Rohit Sharma took his tally to 64 sixes in 2017, setting the record for most sixes across all formats in a calendar year
Monthly Current Affairs PDF Downloads
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