Daily Current Affairs 17 August 2019

Daily Current Affairs 17 August 2019: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 17 August 2019. It includes all Major National, International, Business and Sports related current affairs of 17 August 2019. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 17 August 2019 Current affairs test.

National News

1. ‘Mo Sarkar’ Initiative

• Odisha Chief Minister Naveen Patnaik has announced the launch of ‘Mo Sarkar’ initiative for transparency in governance.
• By calling common citizens to seek their feedback on the kind of response and service they received when they visited the government facilities.

2. India’s first Space Science Museum

• India’s first Space Science Museum is opened in Hyderabad.
• It’s a collaborative effort between the Indian Space Research Organization and the B M Birla Science Centre.

3. Book ‘Kashmir’s Untold Story: Declassified’

• Book ‘Kashmir’s Untold Story: Declassified’ is penned by filmmaker Iqbal Chand Malhotra and defence analyst Maroof Raza.
• Synopsis: Story of the history of Jammu and Kashmir, from the time of its political and geographic consolidation under Maharaja Gulab Singh to the present-day.

4. Neelum Sharma passes away

• Neelum Sharma was an Indian anchor who was most well known as one of the founding anchors of Doordarshan.
• She was a recipient of the Nari Shakti Puraskar, the highest civilian award for woman in India. Through her show Tejaswini, Neelum focused on woman achievers of India.

International News

1. KONKAN bilateral exercise

• The 14th edition of KONKAN exercise is an annual bilateral exercises between Indian Navy and Royal Navy of Britain is currently underway off the South Coast of UK.
• INS Tarkash is participating in KONKAN Bilateral Exercise.
• INS Tarkash is the second Teg-class frigate constructed for the Indian Navy. She is part of the second batch of Teg-class frigates ordered by the Indian Navy. She was built at the Yantar shipyard in Kaliningrad, Russia.

2. International Army Scout Masters competition

• The 5th edition of International Army Scout Masters competition was held at Jaisalmer Military station Rajasthan.
• A total of eight teams from India, Russia, China, Kazakhstan, Sudan, Uzbekistan, Armenia, and Belarus participated in the competition.
• Indian Army has won International Army Scout Masters competition.

3. John Sullivan with External Affairs Minister Dr S Jaishankar

• Deputy Secretary of USA Department of State John Sullivan hold high level talk with External Affairs Minister Dr S Jaishankar in New Delhi.
• The United States Department of State, commonly referred to as the State Department, is a federal executive department responsible for carrying out U.S. foreign policy and international relations.
• Secretary of USA Department of State: Mike Pompeo.

4. Independence Day of Indonesia

• On August 17, 1945, Indonesia declared its independence from Netherlands.
• Indonesia: Capital : Jakarta || President : Joko Widodo || Currency : Indonesian rupiah

Business News

1. India’s GDP Growth by ANZ

• Australia and New Zealand Banking Group has slashed its forecast for India’s GDP growth to 6.2% from 6.5% earlier.
• The Australia and New Zealand Banking Group Limited, commonly called ANZ, is an Australian multinational banking and financial services company headquartered in Melbourne, Australia. It is the second largest bank by assets and third largest bank by market capitalisation in Australia.
• Founded: 2 March 1835, London, United Kingdom || CEO: Shayne Elliott

2. India’s Forex Reserves

• India’s forex reserves has spotted the highest ever valuation of $430.57 bn due to rise in foreign currency assets.
• Foreign Currency Assets (FCA) that is the most important component of the RBI’s foreign exchange reserve are the assets like US Treasury Bills bought by the RBI using foreign currencies. The FCA is the largest component of the forex reserve.
• Foreign exchange reserves is money or other assets held by a central bank or other monetary authority so that it can pay its liabilities, if needed, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.
• Part of India’s foreign exchange reserves
• 1. Foreign currency assets
• 2. Gold
• 3. Special Drawing Rights
• 4. Reserve tranche position in the International Monetary Fund

3. India’s first airline to operate a commercial flight over North Pole

• Air India has become first airline of India to operate a commercial flight over North Pole.
• It was achieved by Air India flight AI173 from Delhi to San Francisco.
• Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Air India Limited, a government-owned enterprise, and operates a fleet of Airbus and Boeing aircraft serving 94 domestic and international destinations.
• CEO: Pradeep Singh Kharola

Sports News

1. New Head Coach of Kolkata Knight Riders

• Kolkata Knight Riders has appointed Brendon McCullum as its new head coach.
• The Kolkata Knight Riders are a franchise cricket team representing the city of Kolkata in the Indian Premier League. The franchise is owned by Bollywood actor Shahrukh Khan, actress Juhi Chawla and her spouse Jay Mehta.

2. India’s Head Coach for Cricket Team

• Ravi Shastri has been appointed as the coach of the Indian cricket team for second successive term.
• Three-member Cricket Advisory Committee- Kapil Dev, Anshuman Gaekwad and Shantha Rangaswamy- made the announcement.

3. Rajiv Gandhi Khel Ratna

• Wrestler BajrangPunia.
• Para Athlete Deepa Malik
• The Rajiv Gandhi Khel Ratna, officially known as Rajiv Gandhi Khel Ratna Award in Sports and Games, is the highest sporting honour of the Republic of India. The award is named after Rajiv Gandhi, former Prime Minister of India who served the office from 1984 to 1989.

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