GK Abstract from Newspaper (Dated 16.09.2017)



1. NASA's Cassini spacecraft ends 20-year journey.

The National Aeronautics and Space Administration's $3.9 billion Cassini spacecraft on Friday ended its 20-year-long ground -breaking journey with a fiery plunge into the Saturn's crushing atmosphere, beaming back never-before-seen images of the ringed planet and its mysterious moons until the last moment.

2. Astra, the ingenuously developed beyond visual range air -to -air missile, successfully completed development trials over the Bay of Bengal, moving one step closer to its induction into the Air Force, the Defence Ministry said on Friday.

3. The Advanced Tower Artillery Gun System (ATAGS), which is being jointly developed by the Defence Research and Development Organisation and the private sector, has set a world record in range by hitting targets at a distance of 48 km.

ATAGS is a 155 mm , 52 calibre towed artillery gun being developed in mission mode by DRDO as  apart of the Army's artillery modernisation programme. The record was achieved with sepcial communication, "high explosive -base bleed" (HEBB) by the ATAGS variant developed by Kalyani Group.


4. The Indian Space Research Organisations expects to resume launch of satellites in a couple of months once its failure Analysis committee releases its report. The committee is conducting tests on why the PSLV-C39 mission of August 31 failed to release a back-up navigation satellite into space.

5. ISRO Chairman - A.S. Kiran Kumar

6. In the fifth terrorist attack in the U.K. in year 2017, an explosion in a crowded underground train injured 22 people in London on Friday.

7. Brazil's President Michel Temer was again charged with obstruction of justice and racketeering.

8. North Korea fired a ballistic missile over Japan and into the Pacific on Friday, responding to new UN sanctions with its furthest-ever missile flight in what analysts called a demonstration of its ability to target Guam.


9. India's merchandise exports grew 10.3 % year-on-year to $23.8 billion in August, reversing a declining trend witnessed for five straight months, data released by the Commerce Ministry on Friday showed.

10. Total external debt for the financial year 2016-17 stood at $471.9 billion, declining 2.7% ($13.1 billion) from the previous year's level, according to official figures released on Friday.

11. The country's foreign exchange reserves have touched $400 billion for the first time.

Four years after the rupee hit a historic-low, the RBI's forex kitty has swelled by more than $125 billion/ The reserves act as a buffer to be used in challenging times.

12. MD and CEO of LICHFL (LIC Housing Finance LTD) - Vinay Sah

Abbreviations:

IED - Improvised Explosive Device
NASA - National Aeronautics and Space Administration
ATAGS - Advanced Tower Artillery Gun System
DRDO - Defence Research and Development Organisation
IRBM - Intermediate Range Ballistic Missile
ROSL - Rebate of State Levies
SOHO- Small office and Home Office

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