सामयिक विषय: Personalities

Mohammad Mustafa is SIDBI's new CMD

New Chairman and Managing Director of SIDBI

Question: Who has been appointed as the new Chairman and Managing Director of SIDBI ?
(a) Smasher Gupta
(b) Mohammad Mustafa
(c) Rajiv Gupta
(d) Anil Gupta
Ans: (b)
Related facts:-

  • On August 3, 2017, the Central Government appointed senior IAS officer Mohammad Mustafa as the new Chairman and Managing Director of the SIDBI (Small Industries Development Bank of India).
  • His appointment has been approved by the Appointments Committee of the Cabinet for a period of three years.
  • Mr. Mustafa is a 1995 batch IAS officer and was Joint Secretary in the Department of Financial Services (DFS) in the Finance Ministry.
  • Small Industries Development Bank of India (SIDBI) was set up on April 2, 1990 under an Act of Indian Parliament. It acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
  • MSME sector is an important pillar of Indian economy as it contributes greatly to the growth of Indian economy with a vast network of around 5.1 crore units, creating employment of about 11.7 crore, manufacturing more than 6,000 products, contributing about 45% to manufacturing output and about 40% of exports in terms of value, about 37% of GDP.
  • SIDBI strives to address the financial and non-financial gaps in MSME eco-system.
  • As on March 31, 2016, SIDBI has made cumulative disbursements of about `4.50 lakh crore benefitting about 350 lakh persons.

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Hassan Rouhani

Question: Recently Hassan Rouhani sworn in as the president of which of the following countries?
(a) Iran
(b) Iraq
(c) Turkish
(d) Jordan
Ans: (a)
Related facts:-

  • On August 3, 2017, Hassan Rouhani sworn in as the president of Iran for a second term.
  • Iran’s supreme leader Ayatollah Sayyid Ali Khamenei administered him the oath of office of President.
  • He was re-elected after getting 57.14 percent of the votes in the presidential election in 2017.
  • In this election, he defeated his rival Ebrahim Raisi.

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Shahid Khaqan Abbasi elected interim Prime Minister of Pakistan

Interim prime minister of Pakistan

Question: Who was recently elected as interim prime minister of Pakistan?
(a) Shahbaz Sharif
(b) Shahid Khaqan Abbasi
(c) Sheikh Rashid Ahmed
(d) Naved Qamar
Ans: (b)
Related facts:-

  • On August 1, 2017, Pakistan Muslim League Nawaz (PML-N) leader Shahid Khaqan Abbasi was elected as Interim Prime Minister of Pakistan.
  • Shahid Khaqan Abbasi bagged 221 votes in the National Assembly which has total strength of 342.
  • His elevation follows the ouster of Nawaz Sharif after the Supreme Court disqualified him from holding public office till life in the wake of corruption charges against him and his family members.
  • Former Prime Minister Nawaz Sharif was convicted in the Panama Paper case.
  • Mr. Abbasi is expected to hand over power to Shahbaz Sharif once Shahbaz Sharif is elected to the National Assembly in six weeks.
  • Mr. Shahbaz Sharif is the younger brother of Mr. Nawaz Sharif and currently is the Chief Minister of Punjab province of Pakistan.

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