Daily Current Affairs 20 August 2017: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 20 August 2017. It includes all Major National, International, Business and Sports related current affairs of 20 August 2017. 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 20 August 2017 Current affairs test.

National News

1. Army Special Forces to get AC jackets

  • Former Defence Minister Manohar Parrikar has said that the govt is conducting trials for introducing air conditioned jackets for soldiers of the Indian Special Forces.
  • This is to make the soldiers feel comfortable during operations.

2. Temple opens free kitchen for Utkal Express survivors

  • A temple in UP located near the place where the Utkal Express derailed has opened a free kitchen for the survivors of the accident.
  • The temple committee also provided mobile phones for the people to make calls to their families.

3. Boy rewarded for returning diamonds worth Rs.45 lakh

  • The boy was felicitated by Surat Diamond Association for returning a bag of diamonds to the broker who lost it.
  • The Association committed to fund the boy’s education for a year as a part of his reward.

4. Modi warns ministers over 5-star stays

  • PM Modi reprimanded his ministers for their preference for 5-star hotel stays over govt accommodation.
  • He also asked them to avoid taking benefits from any Public Sector Undertakings(PSUs) attached to their ministries.

International News

1. IIT-JEE Mains topper in Limca Book of Records

  • Udaipur’s Kalpit Veerwal is the first ever student to have scored 100% in IIT-JEE Mains.
  • He is now studying Computer Science at IIT-Bombay.

2. UK politician plans to offer Indians to leave country

  • UK Independence Party leadership candidate John Rees-Evans has suggested to plan to pay 9000 pounds to British Indians and others with dual nationalities to leave the country.
  • He reasoned out this plan by saying that the local shops are going out of business.

3. Islamic State claims second attack in Spain

  • The Islamic State claimed responsibility for first attack in Spain on Friday.
  • It also claimed responsibility for another attack in the country on the same day.

4. Wreckage of WWII ship found

  • US Naval Researchers have announced the discovery of the wreckage of World War II Cruiser USS Indianpolis which sank on July 30, 1945.
  • The wreckage was found 5.5 kilometres below the Phillippine Sea in the Pacific.

Business News

1. Jack Ma gains Rs.8300 crore

  • E-commerce giant Alibaba’s Founder and Executive Chairman Jack Ma gained after the company reported earnings for the quarter that ended on June 30.
  • Alibaba posted a net profit of Rs.2.1 billion and reported a revenue growth of 56%.

2. Indians account for 74% of the total H-1B visa applications

  • Indians were the largest group of applicants for the first 9 months of US financial year with 2.47 lakh applications.
  • China is second and Canada is third on the list.

3. Nestle sued for duping

  • Nestle’s Poland Spring Water unit duped US consumers into paying premium prices for ordinary ground water rather that water from natural springs.
  • The suit which includes claim for fraud also seeks unspecified damages.

4. Credit Suisse tells clients to not invest in stocks for now

  • Financial services firm Credit Suisse is advising clients to pause from investing in stocks.
  • The banks Global Head of Investment and Strategy said that it is a good time to review equity portfolios, lock in some gains and protect investments.

Sports News
1.Srikanth, Sindhu lead India’s hunt

  • Kidambi Srikanth and P V Sindhu will headline a 21 member Indian contingent as they gun for the elusive gold medal at the World Badminton Championships.

2.Sakshi and Bajrang are India’s biggest medal hopes

  • Olympic medallist Sakshi Malik and Asian Champion Bajrang Punia will spearhead the Indian Challenge at World Wrestling Championships .
  • It will take place in Paris.

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