Wednesday, 20 July 2016

20th July 2016 Current Affairs for SBI-IBPS Exams

 current affairs  for sbi po and ibps po 2016
1. Rohit Khandelwal becomes first Indian to win Mr. World title:
  • Rohit Khandelwal has become the first Indian to win the coveted title of Mr. World at a grand ceremony at Southport Theatre, Floral Hall, The Promenade, South port U.K.
  • Khandelwal has become the first Indian and Asian to win the Mr. World title at the competition.
  • He received a cash prize of $50,000 on winning this celebrated title.
  • Puerto Rico’s Fernando Alberto Alvarez Soto was named the first runner-up and Aldo Esparza Ramirez of Mexico was named the second runner-up.
  • Rohit was born in Hyderabad on 19 August 1989.He graduated from Aurora Degree College,Hyderabad.
  • He made his television debut by appearing in the Episode 76 of “Yeh Hai Aashiqui”, an Indian television series.
  • In 2015, he won Mr India 2015  contest held on 23 July 2015 at Club Royalty in Mumbai, Maharashta.
2. All gram panchayats to be connected through OFC by 2018: Govt
  • All Gram Panchayats in the country will be connected through Optical Fibre Cable (OFC) by 2018.
  • According to IT Minister Ravi Shankar Prashad , centre plans to establish a network infrastructure by connecting all 2 lakh 50 thousand Gram Panchayats through OFC under Digital India Programme.
  • This will be done by using an optimal mix of underground fibre, fibre overpower lines, radio and satellite media, for providing broadband connectivity.
  • The project will be implemented in three phases, a state-of-the-art Internet with underground OFC in ring architecture is planned to be completed by 2023.
3. Canada to conduct world’s first Zika vaccine test on humans:
  • A Canadian university will conduct the world’s first Zika vaccine test on humans in the coming days.
  • Development of the Zika vaccine has been authorized by the US Food and Drug Administration and Health Canada.
  • Until now, vaccines have been tested on mice.
  • Zika virus is transmitted primarily by mosquitoes and there is no existing treatment or vaccine for it.
  • The virus is capable of causing serious birth defects and has traveled quickly through Latin America.
4. Chief Election Commissioner launches SVEEP portal in Hindi:
  • Dr. Nasim Zaidi, Chief Election Commissioner of India , Mr. A. K. Joti and Mr. O.P. Rawat, Election Commissioners of India launched the “SVEEP Portal” in Hindi language.
  • SVEEP Portal is a web based application, accessible to the Chief Electoral Officers and all other stakeholders and serves as a window for easy accessibility of various initiatives of the Commission.
  • Various initiatives of the commission are like NVSP, Online Voter Competition, information on events, best practices, creative content and other resource material.
5. NITI Aayog & Intel India Sign SOI to Kick-off Atal Tinkering Lab Initiative for Young Innovators:
  • NITI Aayog and Intel India sign Statement of Intent (SOI) to start Atal Tinkering Laboratories (ATL) Initiative for Young Innovators as a part of its flagship programme the Atal Innovation Mission (AIM).
  • The aim of setting up Atal Tinkering Laboratories is to build relevant skill sets among youngsters and to provide access to technology that will enable solutions. 
  • The Atal Tinkering Labs that will be established in schools all across the country with the technical support of Intel Technology India Pvt. Ltd.
  • These laboratories intend to impact 250,000 youth with innovation skills & skills for the future across 500 communities & schools. 
  • Intel will support NITI Aayog in building capacities of mentors and developing linkages with Maker ecosystem for quality improvement of projects made by youth, facilitating ideation, design thinking, and prototyping workshops through industry experts and co-lead an innovation festival which reaches out to 500,000 young innovators.
6. Herbalife associates with IOA as nutrition partner:
  • Herbalife International India, a global premier nutrition company, has entered into a two-year exclusive partnership with Indian Olympic Association to be the official nutrition sponsor of the Indian Olympic contingent to Rio De Janeiro.
  • Herbalife International is an American multinational multi-level marketing corporation that develops, markets and sells nutrition supplements, weight management, sports nutrition and personal-care products.
  • The company was founded by entrepreneur Mark Hughes in 1980, and it employs around 7,800 people worldwide.
7. Dabur acquires South African cosmetic firm Discaria Trading:
  • Homegrown FMCG major Dabur has stated that it has acquired South Africa-based Discaria Trading (PTY) Ltd for an undisclosed amount. The South Africa based firm is engaged in manufacturing and trading of cosmetics.
  • Dabur International, a wholly-owned subsidiary of Dabur has completely acquired (100% share) Discaria Trading in South Africa. Accordingly, Discaria has become a step down wholly-owned subsidiary company of Dabur India.
  • This marks Dabur's entry in the high-potential South Africa market. The company currently has manufacturing in Nigeria and Egypt, which caters to the North and East African markets.
8. India to host BRICS Policy Planning Dialogue on July 26 in Bihar:
  • India will host the BRICS Policy Planning Dialogue on 26th of this month at Patna in Bihar.
  • The discussion will take forward the Policy Planning talks initiated under Russia’s Shairmanship last year in line with this year’s theme of Building Responsive, Inclusive and Collective Solutions.
  • The dialogue will provide an opportunity for exchange on strategic assessments of international situation and the regional situation of each country.
  • This will be the first time that External Affairs Ministry will host an official foreign policy related engagement in Patna.
9. Paytm ties up with grocery retailer Heritage Fresh:
  • Mobile payment and commerce platform Paytm has entered into a strategic alliance with Hyderabad-based grocery retailer Heritage Fresh as Paytm aims to provide more and more users the convenience and safety of cashless transactions.
  • So with the effect of this tie up, payments made through Paytm will now be accepted at all the 114 supermarket stores of Heritage Fresh in Hyderabad, Bengaluru, and Chennai.
  • Heritage Foods Limited is one of the largest private sector dairy enterprises in Southern India and the brand "Heritage Fresh" is a leading food and grocery brand of it.
10. IMF cuts UK growth forecasts for next year after Brexit vote:
  • The International Monetary Fund (IMF) has revised downward its global economic growth forecast for next year after the British people voted to leave the European Union.
  • The world economy will expand by 3.4%  in 2017, down 0.1 % point from their April report.
  • The cut stems from a downward revision of the UK growth projection, which is a downgrade of 0.9 point to 1.3 %.
  • According to the IMF, if negotiations between Britain and the EU don’t go smoothly, global growth could be capped at 2.8 %.
11. SBI launches Rs 7,000 crore stressed assets fund with Brookfield:
  • Country's largest lender State Bank of India (SBI) SBI and Brookfield Asset Management have set up a joint venture (JV) with an initial commitment of over $1 billion to make investments in businesses with stressed assets.
  • Brookfield will commit around Rs 7,000 crore and SBI up to 5 percent of the total investments into stressed assets, the state-owned bank said in a statement.
  • The JV will evaluate and invest in various stressed assets, relying upon Brookfield's operational expertise to manage recapitalised businesses. At a later stage, the JV may seek participation from other lenders in the identified assets.
12. Nigerian journalist wins BBC World News Komla Dumor Award:
  • A Nigerian journalist Didi Akinyelure has won the second BBC World News Komla Dumor Award for 2016.
  • Didi Akinyelure is a prime-time news anchor in Nigeria and presents business news for CNBC, which broadcasts across the continent.
  • Akinyelure is the second recipient of the award, which was established to honour Ghanaian BBC World News presenter Komla Dumor.
  • The award was established to honour Komla Dumor, a presenter for BBC World News, who died suddenly aged 41 in 2014.
  • The first Komla Dumor Award was won by Ugandan news anchor Nancy Kacungira.
13. SC accepts structural reforms in BCCI:
  • The Supreme Court (SC) has accepted the major recommendations of the Lodha Committee on reforms to the Board of Control for Cricket in India (BCCI), including a bar on ministers and civil servants and those above 70 from becoming its members.
  • It, however, left it to Parliament to decide whether it should come under the RTI and betting on the game should be legalised.The court has also 
  • accepted the recommendations of the committee headed by retired Chief Justice of India (CJI) Justice R M Lodha to have a CAG nominee in the BCCI.
14. Sarvita Sethi appointed Coca-Cola VP-Finance for India and South West Asia:
  • Beverages major Coca-Cola has appointed Sarvita Sethi as the new Vice-President-Finance for India and South West Asia.
  • Sethi takes over from Sanjeev Kumar, who moves to Lagos as Director Finance, Coca-Cola West Africa and will be heading finance operations for 31 countries and will report to Peter Njonjo, President, Coca-Cola West Africa Business Unit.
  • While Sarvita will report to Venkatesh Kini, President, Coca-Cola India, and South West Asia. She has been a part of Coca-Cola for eight years and earlier she was Commercial Finance Director – Great Britain and Ireland, based in London.
15. Hockey legend Shahid passes away:
  • Noted Indian hockey player Mohammed Shahid (56-year) passed away due to multiple organ failure.
  • Md. Shahid was the part of the Indian hockey team that won the gold medal at the 1980 Moscow Olympics.
  • He was known for his dribbling skills and was considered one of India’s greatest hockey players.
  • He received the Arjuna Award in 1981 and was honored with Padma Shri in 1986.

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