Important Current Affairs Daily Updates 9th July 2017 - Specially for Upcoming Exams 2017

Important Current Affairs Daily Updates 9th July 2017 - Specially for Upcoming Exams 2017:

Dear Readers, Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

SriLankan Airlines from Visakhapatnam -Colombo flight launched

The inaugural flight of SriLankan Airlines from Visakhapatnam to Colombo was flagged off by the Union Minister of Civil Aviation P. Ashok Gajapathi Raju at Visakhapatnam International Airport on Saturday. A total of 103 passengers travelled on the inaugural flight.

Useful Info

Country – Srilanka

Capital - Sri Jayawardenepura Kotte (Administrative center), Colombo (Commercial Capital)

Currency – Sri Lankan Rupee

Ahmedabad city has been declared as a World Heritage City

Ahmedabad cityhas been declared as a World Heritage City at the 41st session of UNESCO's world heritage committee being held at Krakow in Poland. Nomination of Ahmedabad was supported by close to 20 countries, including Turkey, Lebanon, Tunisia, Portugal, Peru and Kazakhstan. The walled city has 26 ASI-protected structures, hundreds of 'polls' that capture the essence of community living and numerous sites associated with Mahatma Gandhi who lived here from 1915 to 1930. Now, Ahmedabad will join the world heritage cities like Paris, Cairo and Edinburgh. Out of total 287 world heritage cities across the globe, there were only two cities in the Indian subcontinent- Bhaktpur in Nepal and Galle in Sri Lanka. The UNESCO tag will add immense value to Ahmedabad city which will also boost tourism.

Useful Info

UNESCO - United Nations Educational, Scientific and Cultural Organization

HQ – Paris, France

Director-general - Irina Bokova

INTERNATIONAL

India and Bangladesh have decided to construct a bridge over Khawthlangtuipui river

To facilitate trade and to improve communication between the two countries, India and Bangladesh have decided to construct a bridge over Mizoram’s Khawthlangtuipui river (also known as Karnaphuli river).

Useful Info

Country – Bangaladesh

Capital – Dhaka

Currency - Taka

BANKING & ECONOMY

From January 1, 2018 MRP to be sole price of a packaged good

From January 1, 2018, the price of a packaged good would no longer depend on where you bought it- be it a local Kirana store, a mall, a five-star hotel or an airport. The Consumer Affairs Ministry has amended the rules that govern packaged commodities to this effect. As per the amended Legal Metrology rules for packaged commodities, the Centre has clarified that the retail sale price shall be the maximum retail price (MRP) inclusive of all taxes, with the provision to round off the price to the nearest rupee or 50 paise.

Useful Info

Minister of Consumer Affairs – Ramvilas Paswan

Constituency – Hajipur, Bihar

Canara, HSBC, Oriental Bank of Commerce Life Insurance ties up with Dhanlaxmi Bank for marketing bancassurance

Private life insurance company Canara HSBC Oriental Bank of Commerce Life Insurance has entered into an alliance with the Kerala based Dhanlaxmi Bank for marketing various life insurance products. As part of the agreement, the Bank will be a corporate agent for 3 years. All the life insurance products of Canara HSBC Oriental Bank of Commerce Life Insurance would be made available to customers of Dhanlaxmi Bank and would be sold by the licensed staff of the bank.

Useful Info

HQ of Dhanlaxmi Bank – Thrissur, Kerala

Tagline – Tann. Mann. Dhan

MD & CEO - G. Sreeram

China's biggest banks lost $15 billion value in a week

China's biggest banks, including Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China, lost a combined $15 billion (nearly 97,000 crore rupees) in value in a week.

Useful Info

Country – China

Capital – Beijing

Currency – Renminbi – Yuan

President – Xi Jinping

ICBC - Industrial and Commercial Bank of China

HQ – Xicheng District, Beijing, China

Agriculture Bank of China

HQ – Beijing, China

RBI is considering setting up of Public Credit Registry (PCR), an extensive database of bank loans

RBI Deputy Governor Viral Acharya said, that the Reserve Bank of India is considering setting up of Public Credit Registry (PCR), an extensive database of bank loans. Acharya suggested the registry would be managed by a public authority like the central bank, and reporting loan details should be mandatory.

Useful Info

RBI - Reserve Bank of India

HQ – Mumbai

Governor – Urjit Patel

Indian-origin man Guruswamy Jayraman awarded Australia’s highest civilian award

Guruswamy Jayraman, a 69-year-old Glenwood resident who migrated from Delhi to Australia in 1991, has been awarded Order of Australia for community work, the highest civilian award in Australia.

Useful Info

Country – Australia

Capital – Canberra

Currency – Australian Dollar

PM - Malcolm Turnbull

Tata Steel Ltd has bagged Prime Minister’s trophy for ‘Best Performing Integrated Steel Plant’