Daily GK Update 10th & 11th September 2017, Important Current Affairs

 1. Navika Sagar Parikrama: India’s first all-women circumnavigation expedition flagged-off
i. India’s first all-women crew circumnavigation expedition named as Navika Sagar Parikrama was flagged off by Defence Minister Nirmala Sitharaman in Goa. 
ii. The crew belongs to Indian Navy and is sailing Indian Naval Sailing Vessel Tarini (INSV Tarini). It will circumnavigate globe in approximately 165 days and is expected to return to Goa in April 2018.

Daily GK Update 10th & 11th September 2017, Important Current Affairs

2. Government to launch Project Insight
i. The Union Finance Ministry is planning to launch ‘Project Insight’ from October 2017 to monitor high value transactions and detect tax evaders using technology with a view to curbing circulation of black money.
ii. To implement the project government has signed contract with Information Technogolgy major L&T Infotect Ltd.
iii. The project will add to list of efforts made by government to curb black money like Operation Clean Money’ after demonetisation, Income Disclosure Scheme, GST implementation, amendment DTAA with other countries etc.

3. IAU names two Pluto mountains after Tenzing Norgay, Edmund Hillary
i. The International Astronomical Union (IAU) has named two mountain ranges on icy dwarf planet Pluto as Tenzing Montes and Hillary Montes after Tenzing Norgay and Edmund Hillary.
ii. Indian/Nepali Sherpa Tenzing Norgay (1914-1986) and New Zealand Edmund Hillary (1919-2008) were the first mountaineer to reach the summit of Mount Everest and return safely in 1953.

4. Labeo filiferus: New species of edible fish found in Pampa river in Kerala
i. Researchers have discovered new species of edible freshwater fish in Pampa river in Pathanamthitta, Kerala. It has been named as Labeo filiferus (L.filiferus) and belongs to Labeo genus.
ii. The name of newly found newly fish was taken from Latin word filiferus which refers to very long dorsal fin of the species. It can be found in entire stretch of Pampa River running through Edakadathy in Pathanamthitta.

5. Rafael Nadal wins 2017 US Open title
i. World number one Rafael Nadal (Spain) won the 2017 US Open title in men’s single category. It was his overall 16th Grand Slam title and third US Open title (2010 and 2013).
ii. In the final match played at USTA Billie Jean King National Tennis Center in New York City, Nadal defeated world number 32, Kevin Anderson from South Africa’s by 6-3, 6-3, 6-4 score.

6. Venkaiah Naidu Laid Foundation of Country’s First ‘Green-Field’ Smart City
i. Vice President M Venkaiah Naidu laid the foundation stone for Ranchi Smart City coming up on the Heavy Engineering Corporation (HEC) land. According to the Urban Development Minister CP Singh, this would be the country’s first ‘green-field’ smart city.
ii. The smart city is coming up on 656 acres of HEC land which would be fully wi-fi, carbon free, garbage free locality with modernized housing, traffic management system and education hub.

7. IndusInd Bank and Bharat Financial Inclusion Sign Exclusivity Agreement for Merger
i. Private sector lender IndusInd Bank and India's second largest Microfinance company Bharat Financial Inclusion have signed a confidentiality agreement for the proposed merger between them.
ii. The Hinduja Group controlled bank has informed the exchanges about an ‘exclusivity agreement’ with the micro lender to explore merger or expansion plans. The deal between the two companies may formalise after due diligence, definitive documentation and their shareholders, regulatory, NCLT and other third-party approvals, as applicable.

8. India Win 2nd SABA U-16 Championship
i. India has won 2nd South Asian Basketball, SABA, Under - 16 Championship. India defeated Bhutan by 131-50 in its last league match at Kathmandu in Nepal. India remained unbeaten in its all four matches and accumulated 8 points. 
ii. Bangladesh finished second and host Nepal third. The championship was played in a round robin league format. India has now qualified for 2017 International Basketball Federation, FIBA.

9. India Finishes 5th at Moscow Shotgun World Championships
i. India has finished fifth in the medals tally with one gold and two silver medals at the Moscow Shotgun World Championships. Only 16 of the 76 participating nations got amongst the medals and Italy topped the tally with nine gold medals for a total of 17 medals in all.
ii. Both their Olympic skeet champions Gabrielle Rossetti and Diana Bacosi were also crowned world champions in the process. The USA stood second with five gold medals for a total of 12. Hosts Russia were third in the overall tally with two golds for a total of eight.

10. DRDO Carries Out Successful Tests of Nag Missile
i. India's indigenously developed third generation anti-tank guided missile (ATGM) Nag has been successfully flight tested by Defence Research and Development Organisation (DRDO) in deserts of Rajasthan, marking the completion of development trials.
ii. According to the defence ministry, Nag has been successfully flight tested twice by the DRDO against two different targets in Rajasthan. The missile can hit a target up to seven km.

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