Daily Current Affairs (30th December - 2016)

National

http://www.iasplanner.com/civilservices/images/Admiral-Sunil-Lanba.jpgChief of the Naval Staff Admiral Sunil Lanba to chair committee of Chiefs

  • Putting an end to speculation that the government might appoint Lt. Gen. Praveen Bakshi, superseded for the post of Army Chief, as the Permanent Chairman, Chiefs of Staff Committee (COSC), the Chief of the Naval Staff, Admiral Sunil Lanba, is all set to assume chairmanship of the committee on December 31.
  • Admiral Lanba received the Chairman’s baton on 29 december from the outgoing Chief of the Air Staff, Air Chief Marshal Arup Raha. He will assume charge once Mr. Raha steps down on December 31. The Chief of the Army Staff, General Dalbir Singh, will also retire the same day.

http://www.iasplanner.com/civilservices/images/Arvind-Kejriwal.jpgNot scared of probe but investigate Sahara diaries too: Kejriwal

  • Delhi Chief Minister Arvind Kejriwal dared the Centre to get all the appointments made by his government probed after the CBI filed an FIR into the appointment of Health Minister Satyendar Jain’s OSD.
  • Asserting that he was not afraid of any probe, the Mr. Kejriwal wondered whether the Centre would accept a Delhi government-appointed committee to look into the Sahara Birla papers.
  • n fresh trouble for the AAP government, the CBI has filed an FIR into the appointment of Jain’s OSD while the LG office has recommended a probe by the agency into the appointment of his daughter Soumya Jain as a functionary in the Mohalla Clinic project.
  • Centre make your committee and get all our appointments probed. And we will form one, and you get the Sahara Birla matter probed with it.
International

http://www.iasplanner.com/civilservices/images/Barack-Obama.jpgObama acts tough against Russia

  • President Barack Obama announced a raft of retaliatory measures against Russia for its alleged interference in the recent U.S elections.
  • The measures include new sanctions, expulsion of 35 Russian diplomats from the U.S and closure of two Russian establishments in the country.
  • The Obama administration’s refusal to veto a U.N resolution that chided Israel last week for construction in occupied territories railed Mr. Trump, who has selected a supporter of settlements as his ambassador to Israel.
  • While Mr. Obama’s move on Israel divided his own Democratic Party, his action against Russia has pitched the Republicans against the incoming President, who could find himself cornered on the issue as soon as he steps into office.
  • Once in office, Mr. Trump — who has repeatedly called for improving relations with Russia — can overturn the measures but that will not be as easy as his plans for Israel.

http://www.iasplanner.com/civilservices/images/Beipanjiang-Bridge.jpgWorld's highest bridge opens in China

  • The world's highest bridge has opened to traffic in China. The Beipanjiang Bridge soars 565 metres (1,854 feet) above a river and connects the two mountainous provinces of Yunnan and Guizhou, the Guizhou provincial transport department said in a statement on its official website.
  • Several of the world's highest bridges are in China, although the world's tallest bridge — measured in terms of the height of its own structure, rather than the distance to the ground — remains France's Millau viaduct at 343 metres.
Economy

http://www.iasplanner.com/civilservices/images/Real-estate.jpgReal estate heads for subdued start

  • The year 2016 was significant for the real estate sector due to the number of reforms that were initiated in the period.
  • These include the Goods & Services Tax (GST), clearance for Real Estate Investment Trusts (REITs), relaxation of foreign investment norms and the implementation of the Real Estate (Regulation and Development) Act (RERA) that are all expected to augur well for the sector in the coming year, according to analysts and developers.
  • RERA, GST, REITs and the latest demonetisation drive will bring in transparency in the sector and will boost the confidence of consumers, developers and investors in 2017 and coming years,” said Anshuman Magazine, Chairman India and South East Asia at the international real estate services firm CBRE Group Inc.

http://www.iasplanner.com/civilservices/images/Ccrapped-notes.jpgDeposit of scrapped notes in banks ends

  • The deadline to deposit Rs 1,000 and old Rs 500 notes in banks ends on 31 december2016.
  • From next week onward, those still holding the scrapped currency can deposit it only with the Reserve Bank of India till March 31.
  • After March 31, holding demonetised notes would be illegal and could invite hefty fines and even jail, according to an ordinance passed by the Union Cabinet on 28-12- 2016.
  • In his first interview since demonetisation, Mr. Modi said the country was at a “watershed moment” and the move to scrap 86 per cent of the currency.

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