Daily G.K Current affairs 11 Jan 2019

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This post contains important current affairs (National, International, Business and Sports) of 11 January 2019. Very useful to prepare for the General Knowledge section of various competitive and recruitment exams.

    ic: Daily Current Affairs - Business

    • Indian Railway Catering and Tourism Corporation (IRCTC), the Railways' subsidiary, will offer insurance of up to INR50 lakh for free for air passengers who book their tickets through its portal. IRCTC has tied up with Bharti-Axa for the offer. IRCTC's service charge of INR59 is the cheapest compared with travel websites. IRCTC has tied up with Galileo, a computer reservation system, for powering the flight search engine. At present, over 30 lakh users log in through its mobile app and 3 lakh ticket bookings happen daily through the app. 
    • Market regulator Security and Exchange Board of India (SEBI) has constituted a "Research Advisory" committee which will assist in formulating policy to undertake research relevant for development and regulation of capital markets. According to SEBI, the committee would comprise prominent financial economists and market practitioners. It will be headed by Sankar De. "In order to strengthen its research function and enhance its linkage to policy making, SEBI has constituted a 'Research Advisory Committee' headed by Sankar De,"a SEBI statement stated. Another key task of the committee will be to maintain databases relevant for capital market regulation research. 
    • Finance Minister Arun Jaitley raised the annual turnover for availing composition scheme to Rs 1.5 crore from Rs 1 crore effective from April 1, 2019, to provide relief to small businesses under Goods and Services (GST) regime. The Goods and Services Tax (GST) exemption limit has been doubled to Rs. 40 lakh annual turnover and Rs 20 lakh for northeastern states.

    ic: Daily Current Affairs - National

    • Prime Minister Narendra Modi inaugurated the 'Gangajal Project' in Agra on 9 January 2019. The programme will provide a supply of better drinking water which will benefit the residents as well as tourists. Gangajal project aims to bring 140 cusecs of Ganga water to Agra. He also launched civic projects worth Rs 2,980 crore in Agra. 
    • India's longest 300-meter single lane steel cable suspension bridge was inaugurated by Arunachal Pradesh Chief Minister Pema Khandu. The bridge across the Siang river at Yingkiong in Upper Siang district has been named Byorung Bridge. It is built at a cost of ₹48.43-crore provided by the DONER (Department for Development of North Eastern Region) Ministry. The Bridge will reduce the distance from Yinkiong to Tuting by almost 40 km. 
    • The Cabinet Committee on Appointments has now posted Alok Verma as Director-General, Fire Services, Civil Defence and Home Guards, for the remaining period of his present term that ends on January 31. He has been removed as CBI Director and the Additional Director M. Nageswara Rao has again been appointed interim CBI Director. The CVC was of the view that Mr.Verma's conduct in the case was suspicious, and there was a prima facie case against him. It also felt that the entire truth would come out if a criminal investigation was ordered.  
    • World Hindi Day is celebrated on January 10 every year, marking the anniversary of first World Hindi Conference which was held in 1975. The first World Hindi Conference was inaugurated by the then prime minister Indira Gandhi. World Hindi Day was first observed on January 10, 2006. World Hindi Day and National Hindi Diwas are completely different. National Hindi Diwas is celebrated every year on September 14. On that day in 1949, the constituent assembly adopted Hindi, written in Devanagari script, as the official language of the Union. While the focus of the World Hindi Day is to promote the language at the global stage.
    • The Union Ministry of Women and Child Development (WCD) has launched an online campaign, '#www : Web- WonderWomen'. The purpose of the campaign is to discover and celebrate the exceptional achievements of women, who have been driving positive agenda of social change via social media. The Ministry in collaboration with Twitter India and Breakthrough India (a human rights organization) has started this campaign. It aims to recognize the fortitude of Indian women stalwarts from across the globe who have used the power of social media to run positive & niche campaigns to steer a change in society. This Campaign will recognize and acknowledge the efforts of these meritorious Women. The Campaign invites entries from across the world till 31st of January 2019.
    • Union Minister Nitin Gadkari has announced that India has allowed an Iranian bank, Pasargad Bank, to open a branch in Mumbai. The move is aimed at circumventing US trade and investment sanctions as India builds a strategic port in the West Asian country. 
    • According to the Henley Passport Index, India jumped two positions from 81st in 2018 to 79th in 2019. Japan retained its top spot as the world's most travel-friendly passport. China jumped almost 20 places in just two years, from 85th in 2017 to 69th this year. The Henley Passport Index is based on data provided by the International Air Transport Authority (IATA) and covers 199 passports and 227 travel destinations.
    • The First 'National Consultation on Child Protection' for 2019 was held at India Habitat Centre, New Delhi under the Chairmanship of the Secretary, Ministry of Women and Child Development. The meeting was organized to follow up on the exercise of monitoring of the CCIs by States/UTs, to deliberate upon various aspects of child protection and to take stock of the efforts made by States/UTs regarding improvements in the Child Care Institutions. 
    • The University Grants Commission (UGC) has approved a list of journals, in that the UGC has decided to establish a Consortium for Academic and Research Ethics (CARE). The good quality Research Journals in disciplines under Social Sciences, Humanities, Languages, Arts, Culture, Indian Knowledge Systems etc., will be maintained by CARE and referred to as 'CARE Reference List of Quality Journals'. This will be used for all academic purposes.
    • The Sikkim Democratic Front (SDF) ruled government has recently decided to include UBI in its manifesto ahead of 2019 state assembly polls and aims to implement the scheme by 2022. If everything goes according to the plan, it will be the Indian first state to roll out UBI scheme aimed at providing a fixed monthly income to residents irrespective of their economic, social status. The Universal Basic Income (UBI) is a programme for providing all citizens of a country or other geographic area/state with a given sum of money, regardless of their income, resources or employment status. The main idea behind UBI is to prevent or reduce poverty and promote equality among citizens. As per Basic Income Earth Network (BIEN), the essential principle behind UBI is the idea that all citizens are entitled to a livable income, irrespective of the circumstances they're born in.

      ic: Daily Current Affairs - International

      • The Union Ministry of Civil Aviation approved operations on 13 water aerodromes under Ude Desh ka Aam Nagrik-3 (UDAN-3). The very first seaplane could run within Andaman and Nicobar Islands. Four different islands from Andaman and one island from Nicobar have been selected to fly seaplanes. These are Havelock, Long Island, Neil Island and Hutbay Island in Andaman and Car Nicobar in Nicobar.  
      • A report by World Economic Forum stated that India is set to become the world's third largest consumer market behind only USA and China by 2030. The report was titled as 'Future of Consumption in Fast-Growth Consumer Market - India'. As per the report, consumer spending in India is expected to grow from 1.5 trillion US dollar at present to six trillion US dollar by 2030. With the annual GDP growth rate of 7.5 percent, India is currently the world's sixth largest economy. 
      • The first India-Central Asia Dialogue will be held in Samarkand, Uzbekistan on 12 and 13 January 2019. It will be co-chaired by External Affairs Minister (EAM) Sushma Swaraj and the Foreign Minister of Uzbekistan, Abdulaziz Kamilov. The participants of the conference will deliberate on connectivity issues between India and Afghanistan and Central Asia.
      • Nicolas Maduro was sworn in for a second term as Venezuela's President amid the economic and humanitarian crisis faced by the Latin American country. Maduro was re-elected last year. The US, EU and 13 other countries have stated that they would not recognise Maduro's Presidency.

      ic: Daily Current Affairs - Sports

      • M C Mary Kom has attained number one position in the International Boxing Association's (AIBA) latest world rankings. She became the most successful boxer in world championships' history when she claimed the 48kg category top honors in Delhi in November 2018. In the 51kg category list, Pinki Jangra is placed eighth. Asian silver-medallist Manisha Maun is placed eighth in the 54kg category. In the 57kg division, former world silver-medallist Sonia Lather was placed at the second spot.
      • Liverpool's Mohamed Salah has been named as the 2018 Confederation of African Football Player of the Year. For the second consecutive year he has won the award. Egypt forward Salah, 26, beat Liverpool team-mate Sadio Mane of Senegal and Arsenal and Gabon striker Pierre-Emerick Aubameyang to the title. He received the award at a ceremony in Senegal. Houston Dash and South Africa forward Thembi Kgatlana was named Women's Player of the Year. Salah scored 44 goals for Liverpool during the 2017-18 season, helping the Reds to the Champions League final before scoring twice for Egypt at the World Cup in Russia.  
      • Australian cities Sydney and Brisbane have been announced as the first two host locations for the newest team event in men's tennis for the multi-million dollar ATP Cup from 2020. The third Australian city for the tournament is yet to be determined.

      This "Daily Current Affairs" course of Vidyaguide is trusted by thousands of students preparing for various aptitude and entrance exams that feature a General Knowledge section.

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      • MBA entrance exams like IIFT, TISS and SNAP which feature a General Knowledge Section. 
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      • L.I.C and other Insurance Exams
      • Railway Recruitment Exams

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