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11 AUGUST 2017 Current Affairs from The Hindu

Kunal Sir, Published On:12-Aug-2017

         CURRENT AFFAIRS: 11.08.2017




1.    Banking Regulation (Amendment) Bill, 2017


·        The Rajya Sabha passed the Banking Regulation (Amendment) Bill, 2017.

·        The Bill replaces the Banking Regulation (Amendment) Ordinance, that was passed in May 2017, after the Budget session of the Parliament.

·        Features of Bill


Ø The bill empowers the Reserve Bank of India (RBI) to give directions to banks to act against loan defaulters.

Ø The Bill seeks to amend the Banking Regulation Act, 1949 by inserting provisions for handling cases related to stressed assets.

Ø Stressed assets are loans on which the borrower has defaulted or it has been restructured.

Ø The RBI may, from time to time, issue directions to banks for resolution of stressed assets.

Ø The Central Government can authorise the RBI to issue directions to banks for initiating proceedings in case of a default in loan repayment. These proceedings would be under the Insolvency and Bankruptcy Code, 2016.

Ø The RBI may also form committees to advise banks on the resolution of stressed assets. The members will be appointed or approved by the RBI.

                                                                                                                                   SOURCE: The Hindu




2.  Karsten Warholm wins 400m hurdles at World Athletics Championships


·        He recorded a magnificent triumph to lift the world 400 metres hurdles title in the pouring rain.

·        The 21-year-old former decathlete demonstrated all the strength he has acquired from competing in the multi-event discipline as he led from the first hurdle and held off his pursuers on the home straight to win in 48.35 seconds.

·        It was the first track victory at any World Championships by a Norwegian since Ingrid Kristiansen's 10,000 metres triumph in Rome in 1987.

·        About him:


Ø He is a Norwegian athlete from Ulsteinvik who competes in various running and jumping events.

Ø  He won the gold medal at the 2017 World Championships in the 400 m hurdles event, the first world championship gold medal for Norway since 2009 and first in a track event since 1987.

Ø He won eight gold medals in the Norwegian Youth Championship indoors in Steinkjer in 2013.

Ø In the 2013 World Youth Championships in Athletics at Donetsk, Ukraine, he won gold in Boys' octathlon with 6451 points, a personal best.

Ø On 9 August 2017, he won the 400 metres hurdles gold medal in the 2017 IAAF World Championships in London with a time of 48.35.

                                                                                                         SOURCE: The Hindu





3.  Yemen’s civil war turns country into cholera breeding ground


·        Yemen's raging two-year conflict has turned the country into an incubator for lethal cholera: primitive sanitation and water systems put Yemenis at risk of drinking feces-contaminated water; wells are dirtied by runoff from rainfall on piles of garbage left uncollected for weeks; farmland is irrigated with broken sewers due to lax oversight and corruption; medical intervention is delayed due to unpaid government employees and half of the country's health facilities are out of service.

·        Yemen has seen the largest outbreak of the disease recorded in recent memory in any country in a single year.

·        One in every 120 Yemenis is now suspected of being sick with cholera, according to the International Committee of the Red Cross.

·        The majority of those exposed to the bacteria known as Vibrio cholerae don't fall sick and only 1 in 10 infected people develop signs of cholera. Cases are mostly treatable with a simple rehydration solution or IV rehydration.




§  Arab country in Western Asia at the southern end of the Arabian Peninsula.

§  bordered by Saudi Arabia to the north, the Red Sea to the west, the Gulf of Aden and Arabian Sea to the south, and Oman to the east-northeast.

§  Currency: Yemeni rial

§  Capital: sana’a Aden

§  Yemen civil war (2014-present)

§  Between two factions claiming to constitute the Yemeni government, along with their supporters and allies.





Ø Cholera is an acute, diarrheal illness caused by infection of the intestine with the bacterium Vibrio cholerae.

Ø The cholera bacterium is usually found in water or food sources that have been contaminated by feces (poop) from a person infected with cholera. Cholera is most likely to be found and spread in places with inadequate water treatment, poor sanitation, and inadequate hygiene.

Ø A person can get cholera by drinking water or eating food contaminated with the cholera bacterium.

Ø Cholera infection is often mild or without symptoms, but can sometimes be severe. Approximately one in ten (5-10%) infected persons will have severe disease characterized by profuse watery diarrhea, vomiting, and leg cramps. In these people, rapid loss of body fluids leads to dehydration and shock. Without treatment, death can occur within hours.

                                                                                                         SOURCE: The Hindu


4.  Tiny territory caught in a global war of words


·        Guam has long been a strategic island for the US since it was taken from Spain in 1898.

·        In World War II it was known as the "warehouse of the Pacific" for its logistical role in supporting the island-hopping campaign against Japan and it was from nearby Tinian island that the Enola Gay took off to drop its atomic payload on Hiroshima.

·        During the Vietnam War its bases played a similar role for US aircraft doing sorties over Vietnam and was the first evacuation point for soldiers and refugees after the fall of Saigon.

·        These days it is often called America's "tip of the spear" and the "unsinkable aircraft carrier" with its military bases so close to north Asian flashpoints such as North Korea and the South China Sea.

·        This "mini Hawaii" as its Governor has called it, is more than just a US military base — it is home to 160,000 residents, many of whom identify as part of the indigenous Chamorro Nation who have survived centuries of colonisation and war.

·        Yet there is also remarkable patriotism here — Guam has both the highest recruitment rate and the highest casualty rate, per capita, of any ethnic group in the US military.

·        North Korea threatened a strike on Guam that would create “an enveloping fire” around it and said an attack would come this month.

·        Guam is about 3,380 km southeast of Pyongyang, and 6,115 km west of Honolulu.

·        officials in Guam scrambled to release statements urging calm, even if just a day earlier President Donald Trump vowed to unleash “fire and fury” on North Korea.

                                                                               SOURCE: The Hindu





1.  The Banking Regulation (Amendment) Bill, 2017 seeks to amend the Banking Regulation Act ________.


(a)      1947

(b)     1949

(c)      1954

(d)     1961


2.  Which of the following is/are correct regarding The Banking Regulation (Amendment) Bill, 2017?


(i)          The bill empowers the Reserve Bank of India (RBI) to give directions to banks to act against loan defaulters.

(ii)        The Bill seeks to amend the Banking Regulation Act, 1959 by inserting provisions for handling cases related to stressed assets.


(a)    I only

(b)   II only


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