Daily GK Digest – Jan 18 – Top Current Affairs

GK Digest

Daily GK Digest – January 18th, 2017 for top current affairs of today. 

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Daily GK Digest

Here is the daily GK Digest for January 18th, 2017.

Daily GK Digest : Top Five Current Affairs for Today

National Bravery Awards – 2016

  • Twenty five children which include 12 girls and 13 boys have been selected for the National Bravery Awards – 2016. Four of the Awards have been given posthumously.
  • The coveted Bharat Award has been conferred on 8 year old Late Km. Tarh Peeju of Arunachal Pradesh, who sacrificed her life in an attempt to save two of her friends from drowning.
  • The prestigious Geeta Chopra Award has been conferred on 18 year old Tejasweeta Pradhan and 17 year old Shivani Gond both from West Bengal, who showed courage in fearlessly helping the police and the NGO in uncovering an International sex racket.
  • The Sanjay Chopra Award has been given to 15 year old Master Sumit Mamgain of Uttarakhand who displayed outstanding bravery in fighting a leopard to save his cousin.
  • The children will receive their Awards from the Prime Minister Shri Narendra Modi on January 23, 2017 prior to Republic Day and thereafter will participate in the parade.

Cabinet approves Listing of General Insurance Companies at the stock exchanges

  • The government has approved proposals for listing of five PSU general insurance companies through a combination of fresh issuance of shares or Offer for Sale, Finance Minister Arun Jaitley said Today.
  • The government holding in these companies will gradually come down to 75 per cent from 100 per cent after divestment.
  • The five firms include four public sector general insurance companies — New India Assurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Co Ltd, United India Insurance Co Ltd and one General Insurance Corporation of India.
  • The listing of PSU general insurance firms was announced in the 2016 Budget by the Finance Minister.

Railway Ministry Unveils Mission 41K

  • Minister of Railways Shri Suresh Prabhakar Prabhu unveiled Mission 41k to save Rs. 41000 crore in the next decade in Railways’ energy costs.
  • The launch of this programme was announced at a Roundtable Discussion on Energy Initiatives of Indian Railways with external stakeholders headed by Union Railway Minister Suresh Prabhu.
  • This target of ‘Mission 41K will be achieved by taking a slew of measures which include moving 90% of traffic to electric traction over diesel from present 50% of the total rail traffic.
  • The railways will also procure more and more electricity at cheaper rates through open market instead of sourcing it through DISCOMs. Thereby it hopes to save as much as 25% on its energy expenses.

Demonetisation process started in early 2016: RBI Chief

  • RBI Governor Urjit Patel appeared before parliamentary panel today and said the process of Demonetisation started in January 2016.
  • Mr Patel also said, RBI has injected 9.2 lakh crore in new currency notes into the banking system to help replace the notes banned in November.
  • He also told the committee today that the main objective behind the notes ban was to target black or undeclared money and terror funding.
  • Representatives of Indian Banks Association, State Bank, Punjab National Bank and Oriental Bank of Commerce were also present at the meeting called by the panel, headed by senior Congress leader Veerappa Moily as per the sources.

Gambia declares state of emergency

  • Gambia’s President Yahya Jammeh declared a state of emergency on Tuesday, just two days before he is supposed to cede power after losing elections last month.
  • Jammeh is refusing to step down despite international pressure and the threat by other West African nations of a military intervention.
  • The 90-day state of emergency, announced on state television, was to begin immediately.
  • Regional leaders have been unsuccessfully trying to persuade Mr Jammeh to hand over power to Adama Barrow, who won the polls.
  • The Gambia is a small West African country, bounded by Senegal, with a narrow Atlantic coastline. It’s known for its diverse ecosystems around the central Gambia River.