Showing posts with label 2015. Show all posts
Showing posts with label 2015. Show all posts

Thursday, 21 January 2016

Current Affairs December 2015 Question Answer

Current Affairs December

  • Delhi to host the first International Qawwali Festival 2016
  • China’s Tianhe-2 retained its position as World’s most powerful Supercomputer
  • Kosmos 2510, the first satellite of EKS (Tundra) system, launched by Russia
  • Names of 2015 Presidential Medal of Freedom recipients announced
  • Zarin Daruwala appointed as CEO of StanChart Bank India
  • Prithvi Raj Singh elected to Board of Governors of World Water Council
  • India, Bangladesh agreed to cooperate on intelligence sharing, border security
  • CCI imposed penalties on 3 Airlines for concerted action in Fixing Fuel Surcharge
  • Kiren Rijiju conferred with Disaster Risk Reduction Asia Champion honour by UN
  • RAW former Chief Sankaran Nair died
  • Delhi government-appointed Chetan Sanghi panel recommended suspension of DDCA
  • Senior journalist Hemendra Narain died
  • India ratified Articles of Agreement of the Asian Infrastructure Investment Bank
  • CCEA approved disinvestment of 10 percent paid up equity capital in Coal India Limited
  • Uttar Pradesh Government declared 50 districts as drought-hit
  • Bangladesh Government blocked social media platform on security grounds
  • Indian Resource Panel (InRP) on Resource Efficiency constituted
  • Justice T S Thakur appointed Chief Justice of India
  • Union Cabinet approved setting up of National Resource Facility for Bio-medical Research
  • WHO launched World Antibiotic Awareness Week with the theme Antibiotics: handle with care
  • Union Cabinet approved signing of Tripartite Agreement on IBSA Fund for Poverty Alleviation
  • UN released report on impacts of Biodegradable plastics on marine environment
  • IAMAI released Internet in India 2015 report
  • India and Bangladesh signed draft MoU on passenger and cruise vessel movement
  • Indian Red Cross Society Secretary General SP Agarwal died
  • Marriott International to acquire Starwood Hotels & Resorts Worldwide
  • Czech Republic defeated Russia to retain Fed Cup.
  • PM Narendra Modi concluded his two-nation tour to UK and Turkey
  • 2015 G20 Summit held in Antalya, Turkey
  • Draft Fiscal and Contractual Regime for Award of Hydrocarbon Acreages released
  • Foundation stone of first Mega Food Park of Telangana laid

Current Affairs Question Answer
Now from this section appliers may check the question and answers to prepare themselves for any recruitment or competitive exam.
1. The SKILLS 2015 – International Conference will be held in which city?
[A] Jaipur
[B] Bangalore
[C] Ahmedabad
[D] Hyderabad
Ans: [D]
2. ‘Ek Kadam Unnati Ki Aur’ campaign is launched by which company in Telangana state?
[A] Infosys
[B] Intel
[C] Flipkart
[D] Wipro
Ans: [B]

3. Which is the most powerful supercomputer in the world currently?
[A] Titan
[B] Tianhe-2
[C] Sequoia
[D] Mira
Ans: [B]
4. Which among the following Harappan site has been divided into three parts?
[A] Dholavira
[B] Surkotda
[C] Daimabad
[D] Mohenjodaro
Ans: [A]
5. Which among the following places in India where all the Paleolithic, Mesolithic and Neolithic sites are found?
[A] Bhimbetka
[B] Adamgarh
[C] Belan Valley
[D] Mirzapur
Ans: [C]

6. At which Indus Valley Site, the beared man in steatite image has been found?
[A] Harappa
[B] Mohenjodaro
[C] Lothal
[D] Kalibanga
Ans: [B]
7. Who among the following is honored with UN Disaster Risk Reduction Asia Champion?
[A] Ajinder Walia
[B] Shekher Chaturvedi
[C] Kiren Rijiju
[D] Sreeja S. Nair
Ans: [C]
8. India’s first mega silk cluster will come up in which Indian state?
[A] Karnataka
[B] Assam
[C] West Bengal
[D] Andhra Pradesh
Ans: [A]

9. Which day is observed as the International Day of Persons with Disabilities?
[A] November 17
[B] November 20
[C] November 26
[D] December 3
Ans: [D]
10. What is WT1190F?
[A] Humanoid Robot
[B] Space Junk
[C] Super Computer
[D] A Type of Virus
Ans: [B]
11. Satya Paul Agarwal, who passed away recently, was related to which of the following fields?
[A] Cardiologist
[B] Space scientist
[C] Environmentalist
[D] Neurosurgeon
Ans: [D]

12. What is the India’s rank in 2015 Global Hunger Index (GHI) report?
[A] 55
[B] 65
[C] 70
[D] 80
Ans: [D]
13. The term ‘Doha Round of Negotiations’, is related to which of the following organisations?
[A] G20
[B] IAEA
[C] WTO
[D] ASEAN
Ans: [C]
14. In the Indus Valley civilization the Great Granary was found in which among the following sites?
[A] Mohenjodaro
[B] Harappa
[C] Surkotada
[D] Lothal
Ans: [A]

15. Which among the following places in India where all the Paleolithic, Mesolithic and Neolithic sites are found?
[A] Bhimbetka
[B] Belan Valley
[C] Adamgarh
[D] Mirzapur
Ans: [B]
16. What is the meaning of term “Mohenjodaro” in Indus Valley Civilization?
[A] Mount of the dead
[B] Mount of the life
[C] Mount of the struggle
[D] Mount of the sorrow
Ans: [A]
17. In the Indus Valley Civilization, the style of script is:
[A] Boustrophedon
[B] Pictographic
[C] Brahmi
[D] Not deciphered yet
Ans: [A]

18. At which Indus Valley Site, the remains of Horse bones have been found?
[A] Daimabad
[B] Harappa
[C] Kalibanga
[D] Surkotada
Ans: [D]
19. What metals were known to the people of Indus valley civilisation?
[A] Copper, bronze, silver, gold but not iron
[B] Copper, silver, iron but not bronze
[C] Copper, gold, iron but not silver
[D] Copper, silver, iron but not gold
Ans: [A]
20. The script of Indus Valley people was __?
[A] Desi Script
[B] Pictographic Script
[C] Brahmi Script
[D] Kharosti Script
Ans: [B]

Current Affairs November 2015 Online GK Updates Question/Answer

November 2015 Current Affairs Highlights:
  • SC reinforced its earlier view of No Reservation in Super Specialty Courses in Medicine
  • Hockey India signed three years partnership with Sports Authority of India
  • Najib Shah appointed as Chairman of CBEC
  • IBM and TASK signed MoU to ensure cloud technology in Telangana colleges
  • Bidhya Devi Bhandari elected as first women President of Nepal
  • Sub Group of Chief Ministers on Centrally Sponsored Schemes submitted its report
  • NITI Aayog panel on Innovation submitted its report recommending private funding for R&D
  • India and Sri Lanka began Joint Naval Exercise SLINEX 2015 at Trincomalee
  • Reliance Industries signed revised Listing Agreements with BSE and NSE
  • India replaced China to emerge as Biggest Gold Consumer in World: Thomson Reuters
  • Internet freedom is partly free in India: FOTN 2015 Report
  • Freedom on the Net 2015 Report released
  • Madhya Pradesh Government declared 33 percent quota for women in government jobs
  • India, France signed MoU to conserve and publicize written heritage
  • Sarbananda Sonowal inaugurated Games Secretariat of 12th SAF Games in Shillong
  • Amit Kumar won silver in men’s club throw F51 event of IPC Athletics World Championships
  • India-Africa Forum Summit 2015 held in New Delhi
  • Narendra Nayak appointed as Managing Director of BlackBerry India
  • 191 UNGA-members voted a resolution condemning US embargo on Cuba
  • Nepal signed MoU with China to ease fuel crisis
  • Amaravati-Next milestone in India’s Urbanisation
  • Exim Bank announced setting up of project development firm KPDC in Africa
  • Bengaluru-based Saankhya Labs developed ‘Pruthvi’ chip to power White-Fi devices
  • World Bank Doing Business 2016 report released
  • Union Government constituted RV Easwar Committee to simplify The Income Tax Act, 1961
  • India ranked 130 in ease of doing business: World Bank
  • Sylvie Lucas appointed as Chair of the IGN on UNSC reforms
  • Union Finance Ministry launched E-Sahyog Pilot Project to facilitate Taxpayers
  • Russia to launch manned moon missions by 2029
On this page some latest news or current affairs are mentioned below. You should check out these things and prepare well for examination and increase your knowledge, please have a look and scroll down this page…!!!.

November 2015 GK Updates Questions/Answers
Ques.1) Who has won the Mrs. Earth 2015 Pageant?
answer: Priyanka Khurana Goyal
Ques.2) According to latest findings, which chemical in sunscreen killing coral reefs around the world
answer:  Oxybenzone
Ques.3) K.S.L. Swamy, who passed away recently, was a renowned film maker in which language?
answer: Kannada
Ques.4) Dreaming Big: My Journey to Connect India”, is an autobiography of ____?
answer: Sam Pitroda
Ques.5) Who is the chairman of 7th pay commission ?
answer: Justice Ashok Kumar Mathur
Ques.6) Which city is host to the 19th International Children’s Film Festival of India (ICFFI)?
answer: Hyderabad
Ques.7) Which Indian company has recently acquired the US-based Noah Consulting?
answer: Infosys
Ques.8) Where is the venue of 101st Indian science congress ?
answer: Jammu
Ques.9) Saketh Myneni is related to which sports?
answer: Tennis
Ques.10) An APSTAR-9 communication satellite has been launched by which country, recently?
answer: China

Ques.11) Who is the new CEO of Microsoft ?
answer: Satya Nadella
Ques.12) India’s largest ever cluster redevelopment project spearheaded by Saifee Burhani Upliftment Trust at a cost of Rs. 4,000 crore is to be implemented in which city?
answer: Mumbai
Ques.13) Who has won the men’s single title at the 2015 Vietnam Open?
answer: Saketh Myneni
Ques.14) Which programme was launched by USA to promote, attract, retain and expand business investments to and within the USA?
answer: Select USA
Ques.15) Who is the German president, recently visited India ?
answer: Joachim Gauck
Ques.16) Richard Heck, who died recently, was a Nobel laureate in which field?
answer: Chemistry
Ques.17) Which country is set to become the first ever cashless country in the world?
answer: Sweden
Ques.18) As per the latest survey, which country has been ranked top in terms of the business optimism?
answer: Ireland
Ques.19) Which Indian film has won the best short film award at the 2015 London Film Festival?
answer: An Old Dog’s Dairy
Ques.20) Who has won the women’s single title at 2015 Denmark Open Badminton?
answer: Xuerui Li

Current Affairs October 2015 Question and Answer Current Affairs

On this page, we are providing you the Question and Answers related to Current Affairs October 2015. Aspirants, who want to get success in the competitive exam, must read the full information carefully. This information will help you to crack the exam in first attempt.

Current Affairs October

  • Hungry Bengal: War, Famine, Riots and the End of Empire authored by Janam Mukherjee
  • International Translation Day observed across the world
  • NOC Online Application Portal and Processing System for the National Monument Authority launche
  • INS Kochi, indigenously built largest warship, dedicated to the nation
  • Piyush Goyal launched Access to Clean Cooking Energy and Electricity – Survey of States Report
  • Fourth Bi-monthly Monetary Policy Statement 2015-16 announced; Repo rate cut by 0.50 percent
  • Leaders’ Summit on Peacekeeping held at the UN headquarters in New York
  • Union Government appointed four Brand Ambassadors for Digital India Programme
  • Jayant Prasad appointed as Director General of Institute for Defence Studies and Analyses
  • Strong Evidence of Liquid Water on Mars: NASA
  • NGT issued notice to Union Government on plea seeking stay on Lakhwar HEP
  • Maharashtra Government declared 2017 as Visit Maharashtra Year
  • Delhi HC admitted plea challenging validity of Article 370 of Constitution of India
  • Reliance signed strategic pact with EDIC to manufacture defence equipment
  • China’s Didi Kuaidi joined hands with Ola to compete Uber in India
  • 1st Indo-Africa ICT Expo launched in Nairobi
  • Wipro selected as member of Dow Jones Sustainability World Index
  • Union Ministry of Road Transport launched Green Highways Policy, 2015
  • NLC set up its first 10 MW solar power plant
  • Indo-British van driver Dee Patel honoured with Pride of Britain Award
  • India signed 123.51 Million US dollar Loan Agreement with Asian Development Bank
  • World Heart Day 2015 celebrated with theme creating heart-healthy environments
  • Boat with 200 onboard capsized in River Koholi in Kamrup district of Assam
  • Ministry of Railways launched Indian Railway Knowledge Portal
  • Union Ministry of Tourism launched new initiatives on World Tourism Day
  • Meghalaya Governor Shanmuganathan got additional charge of Governor of Manipur
  • Google teamed up with Indian Railways to provide free Wi-Fi at 400 Stations
  • Nepal imposed vehicle curbs due to fuel shortage
  • Lucknow-based CSIR-CIMAP won CSIR Award for S&T Innovations for Rural Development, 2014
  • Mathematician Jacob Tsimerman won 2015 SASTRA Ramanujan Prize
  • Qualcomm Announced Investment of 150 Million US Dollars for Indian Start-Ups
  • India’s 1st dedicated satellite for astronomy research ASTROSAT launched
  • Former England Fast Bowler Frank Tyson Died
  • Manipur Governor Syed Ahmed died
  • Hoping Stone Lyngdoh, Meghalaya’s oldest & longest serving legislator, passed away
  • World Bank released report entitled Leveraging Urbanisation in South Asia
  • World Tourism Day observed with theme One Billion Tourists, One Billion Opportunities
  • Mercedes driver Lewis Hamilton won 2015 Formula 1 Japanese Grand Prix title
  • Grant citizenship to Chakma-Hajong Refugees within 3 months: Supreme Court
  • Union Government formed B S Baswan committee to revisit civil services examination pattern
  • Sania Mirza-Martina Hingis won Ghangzhou Open Women’s Doubles title
  • Conference on contemporary relevance of Bhagvad Gita held in United Kingdom
  • S K Sharma appointed as Chairman of Bhakra Beas Management Board
  • China successfully launched carrier rocket Long March-11
  • Prohibition of Child Marriage Act, 2006 to apply on Muslims also: Gujarat High court
  • CSI released survey report on prevalence of cardiovascular disease in India
  • Matthias Muller appointed as CEO of Volkswagen Group
  • Shivinder Mohan Singh resigned as executive vice-chairman of Fortis Healthcare Limited
  • UNICEF unveiled Assembly of Youth digital installation at the UN headquarters in New York
  • UNGA adopted Transforming Our World: the 2030 Agenda for Sustainable Development
  • Rear Admiral Sanjay Mahindru took charge as Flag Officer Submarines
  • Indian tribal woman Permila Tirkey won first discrimination-based Case in United Kingdom
  • EU imposed anti-dumping duty on Indian water and sewage pipes for six months
  • CCI cleared Heidelberg-Italcementi Deal
  • Mars Orbiter Mission (MOM): India’s Pride
  • Arvind Panagariya appointed as Sherpa for G-20 Summit
  • Reserve Bank of India relaxed Change in Ownership Norms of Borrowing Entities
  • Australian PM Malcolm Turnbull announced 70 million US dollar package to fight domestic violence
  • Union Environment Ministry notified Guidelines on Sustainable Sand and Minor Mineral Mining

Current Affairs Question and Answers October 2015:
1. Which Prime Minister of India had started the Pradhan Mantri Gram Sadak Yojana?
[A] PV Narsimha Rao
[B] Manmohan Singh
[C] Atal Bihari Vajpayee
[D] Narendra Modi
Answer: [C]
2. Who among the following heads the expert group set up by NITI Aayog to draft land leasing law?
[A] R Mehrishi
[B] T Haque
[C] JP Mishra
[D] HS Meena
Answer: [B]
3. With how many permanent members of United Nations Security Council India has civil nuclear pact signed?
[A] Two
[B] Three
[C] Four
[D] Five
Answer: [C]
4. Which of the following recently got the certificate by Limca Book of Records for the “Largest Yoga performance”?
[A] ITBP
[B] BSF
[C] CRPF
[D] NCC
Answer: [D]
5. Union Home Ministry has inaugurated the integration of Border Security Force with which of the following projects of the Gujarat Government at Bhuj, Gujarat?
[A] BISAG
[B] TRISAG
[C] VISAG
[D] MISAG
Answer: [A]
6. Who among the following is first Spaniard to win World Badminton Championship?
[A] Yoana Martinez Barbero
[B] Maria Kristin
[C] Erin Carroll
[D] Carolina Marin
Answer: [D]
7. Which Committee has been appointed by the central government to study and recognize obsolete laws?
[A] Ramanujam Committee
[B] Kelkar Committee
[C] Rao Committee
[D] Rangarajan Committee
Answer: [A]
8. Which among the following committees has recently submitted its interim report on women safety?
[A] Justice C.S. Dharmadhikari Committee
[B] Justice V. Ramaswami Committee
[C] Justice J.M. Shelat Committee
[D] Justice R.S. Bachawat Committee
Answer: [A]    
9. Which of the following became the second longest running reactor in the world?
[A] Unit 2 of Tarapur Atomic Power Station
[B] Unit 5 of Rajasthan Atomic Power Station
[C] Unit 2 of Kakrapar Atomic Power Station
[D] Unit 5 of Madras Atomic Power Station
Answer: [B]
10. Which Indian player has been selected by International Tennis Federation for Davis Cup Commitment Award?
[A] Rohan Bopanna
[B] Yuki Bhambri
[C] Mahesh Bhupathi
[D] Harsh Mankad
Answer: [A]
11. Which amongst the following automakers in India launched quadricycle ‘Qute’ recently?
[A] Tata Motors
[B] Marutu Suzuki
[C] Volkswagen
[D] Bajaj Auto
Answer: [D]
12. Which High Court of India ruled that the Prohibition of Child Marriage Act (PCMA), 2006 will apply on Muslims too?
[A] Rajasthan High Court
[B] New Delhi High Court
[C] Gujarat High Court
[D] Madras High Court
Answer: [C]
13. Who among the following has won the Naad Bhed Yuva Puraskar for 2014?
[A] Apoorva Krishna
[B] Kala Ramnath
[C] Sangeeta Shankar
[D] Embar Kannan
Answer: [A]
14. The objective of the recently launched “Reefer Vehicle Call-in-Centre Scheme” is to ___?
[A] Provide boost to automobile sector
[B] Evaluate the safety of different vehicles in the country
[C] Smooth transportation of perishable goods
[D] None of the above
Answer: [C]
15. Which day has been proclaimed by United Nations as “International Genocide Commemoration Day”?
[A] December 9
[B] November 12
[C] October 25
[D] September 22
Answer: [A]

Current Affairs September & Questions and Answers:2015

  • Current Affairs September 2015

     
  • DJB commissioned 1st ever Hydro-power plant at Chilla
  • Bandhan Financial Services started operations as Scheduled Commercial Bank
  • Golfer Aditi Ashok became first Indian to win the Ladies British Amateur Golf championship
  • Palmyra’s temple of Baalshamin destroyed by ISIS militants
  • England won 2015 Ashes Test series 3-2
  • Infosys launched three new services Aikido
  • Puducherry CM N Rangasamy launched Free Laptop Scheme
  • Eminent Sanskrit Scholar and Indologist NR Varhadpande passed away
  • Noted academician Amitabh Mattoo appointed as Advisor to J&K CM Mufti Mohammad Sayeed
  • Union Government Issued Norms for Selection of CEOs and MDs of Smaller PSU Banks
  • Himachal Pradesh Government launched RISHTA project
  • NASA spacecraft LADEE found presence of neon gas in Moon’s atmosphere
  • Historian Babasaheb Purandare bestowed with Maharashtra Bhushan Award 2015
  • Making India Awesome authored by Chetan Bhagat released
  • Union Government launched web portal Vidya Lakshmi for Students Seeking Educational Loans
  • Ranil Wickremesinghe sworn in as Prime Minister of Sri Lanka
  • Union Cabinet approved signing of MoU between India and Australia on education and research
  • ASA and Exchange of Information with respect to Taxes between India, Seychelles approved
  • Greek PM Alexis Tsipras resigned and called for snap polls
  • Current Affairs Questions and Answers:
    Que-1: Mount Sinjar, which was recently making news, is located in __?
    A.    Syria
    B.    Iraq
    C.    Libya
    D.   Ghana
    Ans: B
    Que-2: What is the age limit for the athletes participating in the Youth Olympic Games?
     A. 14 to 20
     B. 15 to 22
     C. 14 to 18
     D. 16 to 25
    Ans. C
    Que-3: The “Tsongmo or Changu” lake is located in ___?
    A. Jammu and Kashmir
    B. Sikkim
    C. Himachal Pradesh
    D. Uttarkhand
    Ans. B
    Que-4: Which one of the following cities has been chosen as ad hoc capital of Andhra Pradesh?
    A. Vijayawada
    B. Visakhapatnam
    C. Tirupati
    D. Kurnool
    Ans. A
    Que-5: India has imposed Anti- dumping duty on potassium carbonate imports from which of the following countries?
    A. China and South Korea
    B. Singapore and Taiwan
    C. Taiwan and China
    D. South Korea and Taiwan
    Ans. D
    Que-6: Who among the following personalities bestowed with the 2015 Gujar Mal Modi Award recently?
    A Prof. Mustansir Barma
    B N. Valarmathi
    C Jothimani Gowthaman
    D T K Anuradha
    Ans. A
    Que-7: “International Yoga Day” celebrate on -
    A. 5th June
    B. 20th June
    C. 21st June
    D. 22nd June
    Ans: C
    Que-8: BRICS summit 2015 held at -
    A. Shanghai
    B. Ufa
    C. Rio De janeiro
    D. Moscow
    Ans: B
    Que-9: CSO has changed the base year for estimating the national income data -
    A. from 2004-05 to 2010-11
    B. from 1999-2000 to 2004-05
    C. from 2004-05 to 2011-12
    D. from 2004-05 to 2009-10
    Ans: C
    Que-10: In Union Budget, GDP growth rate for the year 2015-16 has been projected at -
    A. 8.0 – 8.5%
    B. 7.0 – 7.5%
    C. 7.5 – 8.0%
    D. 8.5 – 9.0%
    Ans: A
    Que-11: DDA launches online feedback system on__________.
    A. 1st August 2015
    B. 2nd August 2015
    C. 3rd August 2015
    D. 4th August 2015
    Ans. C
    Que-12: Who clinched the women’s vault bronze medal at the 6th Senior ART Gymnastics Asian Championships in Hiroshima on 3rd August 2015?
    A. Dipa Karmakar
    B. Dipika Sahransi
    C. Sania Nehwal
    D. Sania Mirza
    Ans. A
    Que-13: The Mumbai Cricket Association (MCA) ended Bollywood superstar Shah Rukh Khan’s five-year ban on entering the Wankhede Stadium which was due to end on year_____.
    A. 2015
    B. 2016
    C. 2017
    D. 2018
    Ans. C
    Que-14: A person who was known as the the ‘Voice of Racing’ died recently. Name the person.
    A. Lynn
    B. Samuel Anim,
    C. Ambros Seelos
    D. Peter O’Sullevan
    Ans. D
    Que-15: Which advertising agency bags Tourism Ministry’s ‘Incredible India’ advertising campaign?
    A. McCann
    B. Adclinic
    C. ADG Design
    D. Advision
    Ans. A
    Que-16: Bharti Airtel, appointed _______as its Global Chief Financial Officer.
    A. Nilanjan Roy
    B. Srikanth Balachandaran
    C. Srini Gopalan
    D. None of the above
    Ans. A
    Que-17: HSBC announced to launch __________ in India for raising funds for investments in environmental projects.
    A. Green India
    B. Green Clean
    C. Green bond
    D. Green trees
    Ans. C

Sunday, 20 December 2015

Current Affairs Recap of the Week: 14 Dec - 19 Dec 2015

• Brazilian appointed as the Finance Minister of Brazil on 18 December 2015 by President Dilma Rousseff - Nelson Barbosa
• Defence Acquisition Council (DAC) on 18 December 2015 approved the purchase of S-400 Triumf Air Defence Missile System from - Russia
• Former Defence Secretary appointed as eighth Chief Information Commissioner (CIC) of India on 18 December 2015 - RK Mathur
• British Novelist who died on 16 December 2015 and was known for his novel The Weathermonger - Peter Dickinson
• International Migrants Day observed across the world on 18 December 2015 with campaign - ‪#‎I‬ am A Migrant • The state that banned use of polythene across the state on 18 December 2015 – Uttar Pradesh
• The number of migrant workers in the world as per United Nations International Labour Organisation (ILO) report titled Global Estimates on Migrant Workers – 150.3 million
• World Trade Organisation (WTO) on 17 December 2015 unanimously approved this country’s WTO membership term as 163rd member - Afghanistan
• Method announced by Reserve Bank of India (RBI) on 17 December 2015 to compute interest rates on advances - Marginal Cost of Funds Methodology
• The former Indian cricketer appointed as the bowling coach of Afghanistan’s national cricket team – Manoj Prabhakar
• Veteran leader of Communist Party of India (M) of eastern India who passed away on 17 December 2015 - Noorul Huda
• The aviation industry turnaround expert who on 17 December 2015 resigned from the post of Chief Executive Officer of Jet Airways is – Cramer Ball
• Tata Starbucks announced the appointment of Sumi Ghosh as its Chief Executive Officer (CEO) who will replace - Avani Davda
• Hindustan Unilever is set to acquire Mosons Group’s flagship brand known as – Indulekha and Vayodha
• The Husband-wife duo named for Sanctuary magazine’s Lifetime Service Award for the year 2015 is - Claude and Norma Alvares
• The Indian-origin World Bank official selected to lead Open Government Partnership is – Sanjay Pradhan
• Sahitya Akademi on 17 December 2015 announced the Sahitya Akademi Awards for the year 2015 in - 23 languages
• The stock exchange which on 16 December 2015 launched special indices on Tata, Birla, Mahindra Groups – National Stock Exchange
• The company which was presented with the Most Innovative Company of the Year as part of CII Industrial Innovation Awards 2015 - Zydus Cadila
• The company which won the Jury's Recommendation for Commendation for Significant Achievement award in the environment category as part of CII-ITC Sustainability Awards 2015 – SIMS Recycling Solutions
• The company which won the top award in the start-up category as part of CII Industrial Innovation Awards 2015 - Right Track Admizzionz Campuz Pvt. Ltd
• An Italian Catholic newspaper on 17 December 2015 reported that the new person who will be given Sainthood is - Mother Teresa
• India announced that it will contribute 5 Lakh US dollars to the United Nations annual Emergency Response Fund (ERF) to support - global humanitarian relief operations
• In a major setback for Brazil's opposition, Supreme Court has scrapped a commission set up to deal with impeachment proceedings against - President Dilma Rousseff
• The Bihar Chief Minister Nitish Kumar declared Emperor Ashoka’s birth date as a holiday in the state – 14 April
• The former justice of Delhi High Court who on 17 December 2015 took oath as the Lokayukta of Delhi is - Reva Khetrapal
• The state which announced a 10512 crore rupees relief package for drought-hit villages is – Maharashtra
• Indian Railway Catering and Tourism Corporation partnered with Paytm for - E-catering payment
• The country which was adjudged as the best to do business with by the Forbes in its Best Countries For Business report 2015 – Denmark
• The railway station that will be the first one to get Wi-Fi services as part of a partnership between Google and RailTel that aims at providing the services in 400 railway stations across the country – Mumbai Central
• The speaker of Arunachal Pradesh Legislative Assembly against whom an impeachment resolution was passed - Nabam Rebia
• He was appointed as the head of the judicial commission to look into the KG-Basin gas dispute between Reliance Industries and ONGC – A P Shah
• For the first time since 2006, the US Federal Reserve on 16 December 2015 increased the interest rate by – 0.25%
• President of France Francois Hollande will the fifth head of France to be the Chief Guest at -India’s Republic Day celebrations
• According to the Supreme Court ruling of 16 December 2015, this article of Indian Constitution is not violated by the appointment of temple priests as per ancient Hindu rituals (Agamas) – Article 14 (Right to Equality)
• Andhra Pradesh Cabinet chaired by Chief Minister N Chandrababu Naidu on 16 December 2015 decided to abolish VAT (Value-added tax), CST (Central Sales Tax) on - Sugar factories
• Union Cabinet chaired by Prime Minister Narendra Modi on 16 December 2015 gave its approval to amend the Constitution (Scheduled Castes) Order of the year – 1950
• The author of the book Bose Brothers and Indian Independence – An Insider’s Account is – Madhuri Bose
• The number of Indians named in the disclosure of 2600 unclaimed bank accounts with total holding of about 44 million Swiss franc by Switzerland on 16 December 2015 – Four
• This country reached an agreement with the US on resuming regular commercial flights between the two countries – Cuba
• The registration of these vehicles in Delhi-NCR till 31 March 2016 was banned by the Supreme Court on 16 December 2015 - Diesel SUVs and luxury cars
• The head of the five-judge constitutional bench that on 16 December 2015 directed the Union Government to Prepare Draft Memorandum of Procedure on Appointment of Judges to Higher Judiciary - Justice J S Khehar
• The former judge of the Allahabad High Court appointed as the Lokayukta of Uttar Pradesh is – Virendra Singh
• The 1978 batch Indian Revenue Services officer appointed Chairman of Central Board of Direct Taxes is – Arun Kumar Jain
• The famous golfer named as the European Tour Golfer of the Year is - Rory McIlroy
• The World Bank on 15 December 2015 approved a 1.5 billion US dollar loan for - Clean India Campaign (Swachh Bharat Mission)
• As per the National Air Quality Index (NAQI) released by Green Peace on 15 December 2015, the city which recorded highest air pollution levels was – New Delhi
• The city in which the 10th WTO Ministerial Conference was inaugurated on 15 December 2015 – Nairobi, Kenya
• To commemorate Indian armed forces victory in Indo-Pak War 1971, Vijay Diwas was celebrated on – 16 December 2015
• National Energy Conservation Day was observed on – 14 December 2015
• The city in which the two-day 14th Meeting of Heads of Governments of SCO Member States was concluded on 15 December 2015 - Zhengzhou (China)
• The combined Commanders Conference, an annual tri-services event was held for the first time outside New Delhi in – Kochi coast, Kerala on board INS Vikramaditya
• Online shopping portal that on 15 December 2015 launched its mobile website in Hindi and Telugu language - Snapdeal.com
• The Union Finance Ministry on 15 December 2015 raised the monetary limit for filing appeals to Income Tax Appellate Tribunal (ITAT) to - 10 lakh rupees
• Rajasthan's Apurvi Chandela on 15 December 2015 won a Gold medal on the final day of the 59th National Shooting Championship in - 10-metre Air Rifle event
• Army man Chain Singh won on 15 December 2015 won a Gold medal on the final day of the 59th National Shooting Championship in - 50-metre Rifle 3 Positions event
• Name of the border force that was proposed and adopted by the European Commission (EC) on 15 December 2015 to protect Europe’s external border and Schengen area in light of migrant crisis – Europe Border and Coast Guard
• Uttar Pradesh (UP) Governor Ram Naik on 15 December 2015 gave his consent to the UP Revenue Code (Amendment) Ordinance 2015 that enables Dalits of the state to - Sell their land to non-Dalits
• The state that exempted LED bulbs from the levying of Value Added Tax (VAT) – Uttar Pradesh
• The place in Uttar Pradesh that saw the inauguration of 660 MW thermal power plant by Chief Minister Akhilesh Yadav – Harduaganj in Aligarh
• Indian Space Research Organisation's (ISRO’s) Polar Satellite Launch Vehicle on 16 December 2015 will launch six Singapore satellites from - Sriharikota
• Title of the United Nations Human Development Report 2015 that was released on 14 December 2015 - Work for Human Development
• Rank of India in terms of Human Development Index (HDI) as per Human Development Report, 2015 - 130
• Union Government on 14 December 2015 requested the states and Union Territories (UT) to start Operation Smile-II between - 1 January to 31 January 2016
• To deal with traffic violations in the city, Traffic Police of a state/UT started implementation of recommendations of the Supreme Court-appointed committee on Road Safety from 15 December 2015 is - Delhi
• Saudi Arabia on 15 December 2015 said that 34 nations have agreed to form a new Islamic military alliance to fight terrorism, which will have a joint operations center based in - Riyadh
• In a major green initiative, this Indian state decided to phase out more than nine-year-old buses of its Road Transport Corporation – Himachal Pradesh
• Spanish ambassador to India, who in December 2015 voluntarily resigned following news that he had allegedly received illegal corporate kickbacks from Spanish companies working in developing countries - Gustavo de Aristegui
• The Atomic Energy (Amendment) Bill, 2015 passed by Lok Sabha seeks to amend the Atomic Energy Act of the year – 1962
• The retired justice appointed as the head of the Judicial Committee which will look into the implementation of One Rank One Pension scheme for the ex-servicemen is - L Narasimha Reddy
• The famous singer who was honoured with the Lifetime Achievement Award by the West Bengal Government is – Kumar Sanu
• The notable violinist conferred with the 2016 Genesis Prize Laureate is - Itzhak Perlman
• The golf player who on 14 December 2015 won the Asian Tour’s Order of Merit 2015 is – Anirban Lahiri
• The multilateral agency with which the First Initiative collaborated to launch Principles for Public Credit Guarantee Schemes – World Bank
• As per the Shock Waves: Managing the Impacts of Climate Change on Poverty report released by the World Bank, 100 million people will be dragged into poverty due to climate change by - 2030
• The city in which the 26th Conference of Southern Zonal Council was held on 12 December 2015 - Vijayawada
• The multilateral agency that released the Shock Waves: Managing the Impacts of Climate Change on Poverty report – World Bank
• Person appointed as the National President of the Indian Institute of Materials Management (IIMM) on 14 December 2015 - OP Longia
• Person appointed as Finance Minister of South Africa on 14 December 2015 - Pravin Gordhan
• Tech Mahindra and Mahindra and Mahindra Ltd on 14 December 2015 acquired - Pininfarina
• The renowned agro-economist and founder of Shetkari Sanghatana who died in 12 December 2015 in Pune is – Sharad Joshi
• The Japanese shuttler who won the Women’s singles at the BWF World Dubai Superseries finals is - Nozomi Okuhara
• The Government of India on 12 December 2015 signed a Memorandum of Understanding for establishing three Indian Institute of Information Technology at - Ranchi, Nagpur and Pune
• The Indian-origin writer who on 11 December 2015 was declared as the winner of the prestigious South East Asia Write Award for Singapore is - Jamaludeen Mohamed Sali
• He won the centre fire pistol gold in the 59th National shooting championship in New Delhi – Vijay Kumar
• The 10-day long festival that began on 12 December 2015 to mark New Year for Buddhists in the Ladakh region - Losar
• The city in which COP 21 under UNFCCC was held between 30 November and 11 December 2015 – Paris
• Name of the mascot of the12th South Asian Games that was unveiled ITA Cultural Center Machkhowa in Guwahati, Assam on 13 December 2015 is - Tikhor
• Indian cinema’s one of the greatest actors, who was conferred with the Padma Vibhushan, the second-highest civilian honour, on 13 December 2015 is - Dilip Kumar
• Construction work on the TAPI (Turkmenistan-Afghanistan-Pakistan-India) Gas Pipeline project started on 13 December 2015 in – Mary, Turkmenistan
• Voters of the country for the first time voted on 12 December 2015 to elect women in at least 18 municipal council seats - Saudi Arabia
• Ministry of External Affairs (MEA) on 11 December 2015 appointed Mumbai Police Commissioner as the Ambassador to Saudi Arabia - Ahmad Javed
• Ministry of Railways on 13 December 2015 signed three agreements with Japan during the visit of Prime Minister - Shinzo Abe
• Thousands of Brazilians marched on 13 December 2015 to demand impeachment of Brazils President Dilma Rousseff because of - an overwhelming corruption scandal and a dismal economy
• The Maharashtra government on 13 December 2015 constituted a task force under Union Minister of State for Finance Jayant Sinha for setting up an - International Financial Service Centre (IFSC)
• Delhi Government on 13 December 2015 ordered magisterial enquiry to probe the death of a 6-month old baby and demolition of 500 Jhuggis by - Railway and Delhi police
• Lohitt Urs and his co-driver Shrikanth Gowda won the title in the FIA Asia Cup category in the Coffee Day India Rally, which concluded in - Chikkamagaluru, Karnataka
• The Wholesale Price Index (WPI) inflation has risen to minus -1.99% for the month of November 2015 from – (-) 3.81% in October 2015
• In the first six months of the FY 2015-16, the Foreign Direct Investment (FDI) inflows into the services sector grew by about 20 percent to reach - 1.46 billion dollars

Wednesday, 28 October 2015

Important Current Affairs 28th October, 2015

1. India ranked 130 in ease of doing business: World Bank
i. World Bank on 27 October 2015 announced that India ranked 130 out of the 189 countries surveyed in terms of ease of doing business for domestic firms. It was revealed in the report entitled Doing Business 2016: Measuring Regulatory Quality and Efficiency.
ii. As per the report, India could improve its ranking by 12 places from the 142nd position of the 2015 report by undertaking significant improvements in the regulatory framework for starting new businesses. The findings of the report were based on collection of data in Mumbai and Delhi between June 2014 and May 2015.

iii. India was placed at the 155th position overall in this segment. However, it is still one of the areas of greatest improvement for India, as the number of days to start a business was cut down to 29 days in 2015 from much longer 127 days in 2014.
iv. India showed very poor performance in this segment as it was placed at the 183rd position overall. India ranked overall 70 among the surveyed countries as now companies can get connected to the grid and get on with their business in 14 days sooner than before in Delhi and Mumbai.
2. Union Government constituted RV Easwar Committee to simplify The Income Tax Act, 1961
i. The Union Government on 27 October 2015 constituted RV Easwar Committee with a view to simplify the provisions of the Income Tax Act, 1961. The committee will be headed by Justice RV Easwar (Retd.), former Judge of Delhi High Court and former President of ITAT.
ii. The members of the committee are VK Bhasin, Vinod Jain, Rajiv Memani, Ravi Gupta, Mukesh Patel, Ajay Bahl, Pradip P. Shah, Arvind Modi and Dr. Vinay Kumar Singh.
iii. It was constituted to study and identify the provisions/phrases in the Act which are leading to litigation due to different interpretations and to study and identify the provisions which are impacting the ease of doing business;
iv. Terms of Reference (ToR) of the Committee was To study and identify the areas and provisions of the Act for simplification in the light of the existing jurisprudence and to suggest alternatives and modifications to the existing provisions and areas so identified to bring about predictability and certainty in tax laws without substantial impact on the tax base and revenue collection
3. 4th edition India, Sri Lanka bilateral naval exercise SLINEX 15 begins in Sri Lanka
i. The fourth edition of Sri Lanka-India bilateral naval exercise SLINEX 2015 began off Trincomalee coast, Sri Lanka. The six days exercise seeks to reinforce the strong neighbourly ties underscored by extensive maritime interaction and improved understanding between neighbouring both countries.
ii. SLINEX 15 seeks to enhance the capability of both navies to work together at sea and contribute towards maritime security in the region. It commenced with a Harbour Phase in which both participant navies were engaged in professional, cultural and social interactions.
iii. It will be followed by the Sea Phase in which complex operations including anti-piracy exercises, cross-deck helicopter operations, gun firings and anti-surface exercises will be undertaken. Indian Navy is represented by 2 missile corvettes viz. INS Kora, INS Kirpan and 1 offshore patrol vessel INS Savitri along with ship-borne integral helicopters. In addition, an Indian Naval maritime reconnaissance aircraft will also take part in the exercise.
iv. Sri Lankan Navy is represented by ships like Sayura, Sagara, Samudra, 6 Fast Attack Crafts, 1 Fast Missile Vessel and 2 Fast Gun Boats.
4. Sylvie Lucas appointed as Chair of the IGN on UNSC reforms
i. Luxembourg ambassador to the United Nations (UN), Sylvie Lucas on 27 October 2015 was appointed as the Chair of the Inter-Governmental Negotiations (IGN) on UN Security Council (UNSC) reforms. Lucas, who was appointed by 70th UN General Assembly session President Morgens Lykketoft, replaced Ambassador Courtenay Rattray of Jamaica.
ii. Her appointment came ahead of the next round of negotiations to begin on the UNSC reforms. Earlier, she served as the president of the United Nations Economic and Social Council (ECOSOC) from January 2009 to January 2010.
iii. She started her career with Luxembourg Ministry of Foreign Affairs where she worked from 1990 to 1995. She served as the deputy permanent representative of Luxembourg to the United Nations from 1995 to 2000. On 25 August 2008, she became the United Nations' permanent representative from Luxembourg.
5. Union Finance Ministry launched E-Sahyog Pilot Project to facilitate Taxpayers
i. The Union Finance Minister Arun Jaitley on 27 October 2015 launched the e-Sahyog pilot project of the Income-Tax Department to facilitate taxpayers by reducing their need to physically appear before tax authorities. The e-Sahyog project is aimed at reducing compliance cost, especially for small taxpayers.
ii. The objective of e-Sahyog is to provide an online mechanism to resolve mismatches in Income-tax returns of those assesses whose returns have been selected for scrutiny, without visiting the Income Tax Office. The Income-Tax Department will provide an end to end e-service using SMS, e-mails to inform the tax assesses of the mismatch.
iii. The taxpayers will simply need to visit the e-filing portal and log in with their user-ID and password to view mismatch related information and submit online response on the issue. The responses submitted online by the taxpayers will be processed and if the response and other information are found satisfactory as per automated closure rules, the issue will be treated as closed. The taxpayers can check the updated status by logging in to the e-filing portal.
iv. The Union Finance Minister Arun Jaitley also inaugurated a drive to provide public service at peoples’ door step by holding special PAN camps in remote areas. Under this campaign, special PAN camps were held at forty- three remote, semi urban and rural locations across India.
6. Barclays names former JP Morgan banker as new boss
i. Troubled British bank Barclays today announced the appointment of former JP Morgan investment banker James Staley as its new chief executive. The 58-year-old American will take up his new role on December 1, the bank announced in a statement, indicating a renewed focus on its investment division.
ii. Staley, also known as Jes, declared that he would seek to “preserve and enhance” trust in the lender, whose reputation has been badly damaged by foreign exchange and Libor benchmark interest rate rigging scandals.
iii. Staley, whose appointment had been widely predicted in the media this month, is the former chief executive of JP Morgan’s investment bank and currently works for US hedge fund Blue Mountain Capital Management. Barclays announced in July that it had fired its then—chief executive Antony Jenkins in the wake of recent scandals.
iv. The retail banking veteran had vowed to bring a new culture of decency to Barclays, and oversaw drastic restructuring that shrank its investment bank, a move that reportedly upset major shareholders.
7. Tata Trusts, Harvard University announce collaboration
i. Tata Trusts and Harvard University South Asia Institute (SAI) today announced collaboration on knowledge creation and capacity building for social and economic empowerment in India.
ii. A key component of the project is the opportunity for budding social entrepreneurs and institutions in India to apply for social innovation grants totalling Rs. 50 lakh that will spur interventions and scale up existing initiatives resulting in greater impact in select geographies.
iii. The 18-month research project titled ‘Livelihood Creation in India through Social Entrepreneurship and Skill Development’ is the first step in this direction, a statement from Tata Trusts said.
iv. The project will focus on three key areas: rural livelihood creation with emphasis on the handicrafts and handloom sectors, educational, social and economic empowerment of women and science and technology-based interventions for poverty alleviation.
v. The purpose of the project will be achieved through research with over 150 institutions across 15 states of India, five workshops with 100 participating NGOs, and 20 webinars involving Harvard faculty and subject experts from India.
8. Citibank appointed Samiran Chakraborty as Chief Economist for India
i. Citibank on 27 October 2015 announced that it has appointed Samiran Chakraborty as Chief Economist for India.
ii. Prior to joining Citi, Chakraborty was Managing Director and Head of Macro Research for South Asia at Standard Chartered Bank. Earlier, he served ICICI Bank as Chief Economist and Delhi School of Economics as faculty for mathematical economics and open-economy macroeconomics.
iii. He carries more than a decade of experience in conducting macro research, covering various asset classes including currency, interest rates and credit markets.
9. P K Gupta elevated as SBI Managing Director
i. K Gupta will be elevated as Managing Director of country's largest lender State Bank of India  in place of Corporate Banking head P Pradeep Kumar, who is superannuating this month-end. Gupta, who is of Deputy Managing Director (DMD) rank, is presently Managing Director of the bank's investment banking arm SBI Caps.
ii. The appointment of the 1960-born Gupta is for a period of over four years (till March 2020), when he will be superannuating, Vijay Malhotra, according to a notification.
iii. Six officials from the bank were interviewed for the post last month and Gupta was the senior-most among them. Others included Varsha Purandare (DMD and Chief Credit Officer), Dinesh Khara (MD, SBI Mutual Fund) and Sunil Srivastava (DMD Corporate Services and New Business).
iv. The other three serving MDs at SBI are B Sriram (national banking group), V G Kannan (associates and subsidiaries) and Rajnish Kumar (compliance and risk).
10. ABIL, Versace to develop new project in South Mumbai
i. Pune-based realty developer ABIL (Avinash Bhosale Group) is partnering with Versace to develop a new exclusive residential project in Hughes Road, South Mumbai.
ii. The residences with interior design by Versace Home will be the first of its kind in India, offering a selection of apartments with bespoke interiors, created under the artistic direction of Donatella Versace.
iii. Established in 1979, ABIL has set up St. Regis Hotel in Mumbai, The Westin Pune, Le Meridien in Nagpur, W Retreat and Spa in Goa (under construction) and the Sun-n-Sand hotel in Pune. The Group has developed over 7.8 million square feet of residential and commercial property in Maharashtra and is developing approximately 14 million square feet of property across the State.
iv. The residences with the interior design by Versace Home offer the Versace lifestyle, as with the already completed Milano Residences in Manila, the Philippines and the Damac Tower in Beirut. Currently under construction are the Al Jawharah Damac Residences Tower in Jeddah, Saudi Arabia, Versace Residences in Chengdu, China and the Aykon Nine Elms project in London, UK.
11. J&K to host South Asian Rugby 7’S Championship in 2016
i. Jammu and Kashmir Minister for Youth Services and Sports Molvi Imran Raza Ansari on 27 October 2015 announced that Kashmir Valley will host South Asian Rugby 7’S Championship in 2016.
ii. The decision was made during the 131st Standing Committee meeting of J-K State Sports Council, which was chaired by Ansari. As per the decision, the championship will be held at Bakhshi Stadium from 18 June to 20 June 2016.
iii. The Championship will be participated by eight teams consisting of 180 participants from various countries like Sri Lanka, Pakistan, Afghanistan, Nepal, Bhutan, Bangladesh and India.
iv. The minister also said that the government wants such events to be held in the state for the promotion of sports activities at global level. He also said that the Council would provide all possible support to make the event a success and will provide various facilities like boarding, lodging and logistic for smooth conduct of the event.
12. IOC allowed refugees to compete in Olympics for the first time
i. The International Olympic Committee (IOC) chief Thomas Bach on 26 October 2015 announced that all the highly qualified athletes who are refugees will be allowed to compete in the Olympic Games. This is for the first time that refugee athletes will be competing in any Olympic Games.
ii. As per the announcement, all the eligible athletes will be able to compete for the 2016 Summer Olympics and Paralympics in Rio de Janeiro, Brazil.
iii. The announcement was made during the UN General Assembly (UNGA) meeting which adopted a resolution urging all countries to stop fighting and observe a truce during the 2016 Summer Olympics. Bach also appealed to all 193 UN member states to help the IOC identify talented refugee athletes.
iv. IOC has created a 2 million US dollars fund to bring hope through sport to refugees. Having no national anthem to play for them, these refugee athletes will be welcomed to the Olympic Games with the IOC flag and the IOC anthem.
v. While participating in the 2016 Olympics, refugee athletes will stay in the Olympic Village alongside the other 11000 athletes from 206 national Olympic committees. Until now, qualified refugee athletes were not able to participate because they couldn't represent their home country and its national Olympic committee.

Monday, 19 October 2015

Important Current Affairs 2nd & 3rd October, 2015

1) Google Inc has morphed into Alphabet Inc.
i. After US markets closed on 2nd October, Alphabet replaced Google as the publicly traded company that will house Google's search and Web advertising businesses, maps, YouTube and its "moonshot" ventures such as driverless cars.
ii. Google's class A shares and class C shares will automatically convert into the same number of Alphabet class A shares and class C shares and start trading on the Nasdaq from Monday. The ticker symbols will not change.
2) Gold zooms Rs 660, biggest one day gain this year
i. Snapping its five-day falling streak, gold rebounded by Rs 660, its biggest one-day surge this year, to trade at Rs 26,810 per ten grams at the bullion MARKET . 
ii. The precious metal, after five sessions of losses, recovered 2.1% to $1,136.60 an ounce in New York as the US payrolls rose less than expected in September and wages stagnated, weakening the case for the Federal Reserve to raise interest rates this year. Bullion traders said sentiments got a boost after gold rebounded in global markets and revival of buying by jewellers and retailers at domestic markets at current levels. 

3) ICICI brings in card-less mVisa
i. ICICI Bank has become the first institution worldwide to launch m-Visa, a card-less and device-less solution to make the payments. 
ii. ICICI Bank has incorporated the m-Visa application in its Pockets app, which allows payments to be made by scanning a static QR code and entering the amount. 
iii. "The biggest incentive for merchants to accept mVisa payments is that there is zero investment. The merchant merely has to retain a printed QR code, which can be scanned by the customer using the Pockets app," said Rajiv Sabharwal, executive director, ICICI Bank. 
4) India's foreign reserves plunge by over $2 billion
i. India's foreign exchange (FOREX) reserves declined by $2.04 billion to $349.97 billion in the week ended September 25, official data showed on 2nd October. 
ii. The reserves had risen by $631.5 million to $352.02 billion in the previous week ended September 18. The reserves had augmented by $2.35 billion to $351.38 billion in the week ended September 11.
iii. The FCA constitutes the largest component of INDIA'S FOREX reserves. It consists of US dollars, major non-dollar currencies, securities and bonds bought abroad. "

5) Sania Mirza-Martina Hingis win Wuhan Open title
i. Ace Indian tennis star Sania Mirza continued her superb run with Swiss partner Martina Hingis as the duo clinched its seventh title together by winning the Wuhan Open women's doubles trophy on Saturday. 
ii. Ti.he top-seeded pair eased past the Romanian team of Irina-Camelia Begu and Monica Niculescu 6-2, 6-3 in the title clash.


6) Venus Williams wins Wuhan Open
i. Venus Williams won her second title of the season at the Wuhan Open in central China after Garbine Muguruza retired in the second set.  
ii. Williams took the first set and was then handed the title by the Spaniard after 53 minutes, three points into the second set. 

7) Jordan Spieth voted PGA Tour Player of the Year
i. American world number one Jordan Spieth was named as the PGA Tour's Player of the Year after a stellar 2014-15 campaign highlighted by two major victories among his five wins.  
ii. The 22-year-old landed the coveted honour after clinching the first two majors of the season -the Masters and US Open -before finishing one shot out of a British Open play-off in July and being runner-up at the PGA Championship in August.


8) E-FIR system launched in Odisha
i. Nearly fifteen months after dry run, the Odisha police launched its ambitious 'e-FIR' system under the Centre-sponsored Crime and Criminal Tracking Network and Systems (CCTNS) project.
ii. Chief minister Naveen Patnaik inaugurated the system, which enables tech-savvy people to send their complaints to police in all districts through online. 
iii. All the 531 police stations in the state have been computerized to receive complaints through online. 
iv. "By browsing www.citizenportal-op.gov.in, people can avail services like lodging of complaints, request for FIR copy, verification of tenants, applying for procession licence, permission for protest/strike, character certificate request, employee verification, request for lost property and complain about missing persons," ADG and director of state crime records bureau B Radhika said. 

9) INS Sahyadri entered Da Nang port in Vietnam
i. INS Sahyadri entered Da Nang port in Vietnam as part of its operational deployment in the South China Sea.  
ii. Around the time Navy Chief Admiral R.K Dhowan began his official tour of Australia, an Indian naval ship entered Vietnam waters on its way to Japan. 
iii. In the backdrop of both the developments, hangs the shadow of China’s growing naval assertiveness in the region, and India’s new-found aggression to build partnerships both as a response to China as well as part of its role as a major maritime force of the Indian Ocean. 

10) Dr Anup K Pujari has been given additional charge of CMD of SAIL
i. Dr Anup K Pujari assumed additional charge as the Chairman and Managing Director of Steel Authority of India Limited (SAIL). 
ii. At present, he is the Secretary, Government of India, Ministry of Micro, Small and Medium Enterprise (MSME). Besides as the CMD of SAIL, he was also given additional charge of the post of Secretary in Ministry of Steel


11) India submitted its Intended Nationally Determined Contributions (INDCs)
i. India on 2 October 2015 submitted its Intended Nationally Determined Contributions (INDCs) to the United Nations Framework Convention on Climate Change. 
ii. These INDCs are for the period between 2015 and 2030. 
iii. With the presentation of its INDCs, India set its tone for the Conference of Parties-21 (COP-21) in Paris that is scheduled to meet in December 2015 to adopt an environmental new protocol for post-2020 (post Kyoto Protocol) scenario. So far, 119 parties to the UNFCCC, out of 192 member countries, have formally submitted their INDCs. 
Some of the important points of the INDCs are 
a) To reduce the emissions intensity of its GDP by 33 to 35 per cent by 2030 from 2005 level 
b) To achieve about 40 per cent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030, with the help of transfer of technology and low cost international finance, including from Green Climate Fund 
c) To create an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030 that will translate into increase of about 680 - 817 million tonne of carbon stock 

12) October 2: International Day of Non-Violence 
i. The International Day of Non-Violence was observed on 2 October 2015 across the world. It was celebrated to mark the birth anniversary of Mahatma Gandhi, a pioneer of the philosophy and strategy of non-violence. 
ii. The International Day of Non-Violence was created by the United Nations by a resolution of the General Assembly on 15 June 2007. 

13) PM Narendra Modi inaugurated county's first solar powered district court
i. Narendra Modi inaugurated county's first solar powered district court in Khunti, Jharkhand.
ii. Making an appeal to stop wastage of electricity, the Prime Minister said that like solar energy, we also need to focus on energy conservation. 
iii. He added that India will be successful in achieving the target of 175 Gigawatt of clean energy by 2022.

14) Asian Development Bank (ADB) will help to finance the increased transmission capacity of electricity link between India and Bangladesh. 
i. "ADB is to help finance increased transmission capacity of a cross-border electricity link between India and Bangladesh which will allow Bangladesh to better meet sharply rising power demand and support increased power exchanges across South Asia."  
ii. ADB's loan of $120 million to Bangladesh will double the capacity of the existing interconnection system which links the power grid of western Bangladesh at Bheramara and the grid of eastern India at Bharampur. 
iii. The two networks were first interconnected in 2013, under a previous project financed by ADB. New transmission capacity will rise from 500 megawatts (MW) to 1,000 MW.