Tuesday, 28 June 2016

Daily Current Affairs Update (28th June 2016)

current affairs quiz for sbi clerk mains 2016
1. N S Vishwanathan appointed as the new deputy governor of RBI:
  • A government-appointed panel has selected N S Vishwanathan as a Reserve Bank of India deputy governor replacing incumbent H R Khan.
  • Vishwanathan is currently an executive director at the RBI, overseeing the banking regulation and non-banking department.
  • He will take care of financial markets, external investments, and operations, payment and settlements.
  • The appointment came as per the rule under which RBI has provision for four deputy governors, two of whom are appointed from outside while the other two Deputy Governors are traditionally appointed from those working within RBI.
  • Vishwanathan served as a Director of Punjab National Bank from September 6, 2012 to May 31, 2013.
2. India ranked 105th on WEF's Human Capital Index:
  • India has been ranked 105th out of 130 countries on the World Economic Forum's Human Capital Index, which measures countries’ ability to nurture, develop and deploy talent for economic growth.
  • Finland topped the index while other countries like China (71) and Bangladesh (104) were ranked above India.
  • The index has been released by Geneva-based World Economic Forum (WEF).
3. Sujoy Bose appointed CEO of NIIF:
  • Govt has appointed Mr. Sujoy Bose, Director and Global Co-Head, Infrastructure and Natural Resources, International Finance Corporation, Washington, as the Chief Executive Officer of National Investment and Infrastructure Fund (NIIF) Ltd.
  • Mr. Bose has extensive international experience in the infrastructure sector including experience in raising funds from international investors.
  • The NIIF has been established with the aim to attract investment from both domestic and international sources for infrastructure development in commercially viable projects.
  • An initial budgetary allocation of 4000 crore rupees has also been made in 2016-17 budget.
4. Rajnath Singh inaugurates headquarters of Jharkhand's special anti-Maoist force:
  • Union Home Minister Rajnath Singh has inaugurated the newly constructed headquarters of Jharkhand's special anti-Maoist force 'Jharkhand Jaguar' in Jharkhand's capital city Ranchi. The headquarters will pave the way for the further strengthening of the force.
  • Singh also inaugurated the administration block and other buildings at Jharkhand Jaguar campus.
  • Jharkhand Jaguar is an anti-Maoist squad formed eight years ago in 2008 and has led many successful operations against Maoists so far.
5. UP declares all natural calamities as state disaster:
  • Uttar Pradesh government  has declared that all natural calamities including  unseasonal heavy rain, lightning, Loo and storm etc will be treated as state disaster.
  • All the victims of these disasters will be given relief as per  provisions made under State Disaster Relief Fund by the Central government. Giving the information,The new system introduced will greatly benefit the victims and their kin.
  • Earlier the victims of lightning, storm and heat stroke etc were given very little compensation by  local administration as there was no special provision to treat such cases as special one.
  • But now coming under the state disaster relief fund, the victims or their families will get ample financial  support.
6. IMF clears payment of USD 501 million to Pakistan:
  • Washington DC-based the International Monetary Fund (IMF) has cleared the payment of $501 million for Pakistan.
  • The Executive Board of the IMF has completed the eleventh review of Pakistan’s economic performance under a three-year program supported by an Extended Fund Facility (EFF) arrangement.
  • The Executive Board’s decision enables the immediate disbursement of an amount equivalent to SDR 360 million (about US$501 million), bringing total disbursements to SDR 4.32 billion (about US$6.01 billion).
7. CSIR launches anti diabetic ayurvedic drug BGR -34:
  • Council for Scientific and Industrial Research (CSIR) has launched BGR-34, an anti-diabetic ayurvedic drug designed for type 2 Diabetes mellitus.
  • BGR-34 is developed jointly by National Botanical Research Institute (NBRI) and Central Institute for Medicinal and Aromatic Plants (CIMAP).
  • BGR-34 has been economically priced at 5 rupees per tablet as compared to latest DPP4 inhibitors globally.
  • The modern diabetes drugs are known for side-effects and toxicity while BGR-34 works by controlling blood sugar and limiting the harmful effects of other drugs.
8. BHEL commissions two hydel units in Afghanistan:
  • Bharat Heavy Electricals Ltd (BHEL) has commissioned two units of 14 Megawatts each at Salma Hydro Electric Project in Afghanistan.
  • Earlier, this Afghan-India Friendship dam has been inaugurated by Prime Minister Narendra Modi in the presence of Afghan President Ashraf Ghani.
  • In recognition of BHEL’s contribution towards setting up of the project, BHEL CMD Atul Sobti was honoured with an appreciation shield by External Affairs Minister Sushma Swaraj and Union Minister of Water Resources, River Development and Ganga Rejuvenation Uma Bharati.
  • This project has been funded under government of India’s grant to Afghanistan.
9. Gudni Johannesson wins Iceland’s presidential election:
  • Gudni Johannesson has won the Iceland’s presidential election. He is a history professor who ran as an independent in the election and was able to secure 39.1% of the vote.
  • He will succeed Olafur Ragnar Grimsson, who served 20 years as head of state.
  • The elections were held in the backdrop of the Panama Papers leak in April, which implicated several top officials of the country.
10. PM releases book titled “The Birds of Banni Grassland”:
  • Prime Minister Narendra Modi has released a book titled “The Birds of Banni Grassland” in New Delhi.
  • The Book is a compilation of the research work, relating to more than 250 species of birds found in the Banni area of Kutch, Gujarat.
  • The book was presented to the Prime Minister by the Scientists of Gujarat Institute of Desert Ecology.
  • The Gujarat Institute of Desert Ecology, located at Bhuj, has been studying the plant, bird and marine life in the Rann of Kutch for over 15 years.
11. Odisha government to provide education loan at 1% interest:
  • Odisha Chief Minister Naveen Patnaik has launched a new scheme Kalinga Siksha Sathi Yojana with an aim to provide education loan at 1 % interest to students for pursuing higher studies.
  • The State government dedicated this scheme to former Chief Minister Biju Patnaik on his Birth Centenary.
  • Under this scheme, poor students aspiring to pursue professional and technical education can now avail themselves of study loan up to 10 lakh rupees at 1% interest rate. Odisha government will provide a cost of 500 crore rupees from its own  resources for this purpose.
12. Xerxes Desai founder of Titan passes away:
  • Former vice chairman and managing director of Titan Co. Ltd Xerxes Sapur Desai (80-years) has passed away in Bengaluru.
  • The idea of Titan came about in 1979, but it took him seven long years to finally set up a factory in Hosur, on the outskirts of Bengaluru, in 1986 with support from the Tamil Nadu government.
  • With the success in watches,  Desai got Tata’s approval to start Tanishq, the jewellery business that is now a trusted brand and India’s largest jewellery firm.
13. Two Indians get Queen’s Young Leaders Award 2016:
  • Two Indians, Kartik Sawhney, and Neha Swain, have won the 2016 Queen's Young Leaders award in the United Kingdom which has been presented by Queen Elizabeth at the British monarch in Buckingham Palace. The name of these awardees has been announced last year in December.
  • Sawhney (21) and Swain (28) have won the prestigious award for their exceptional work in transforming the lives of others and making a lasting difference in their communities.
  • The Queen’s Young Leader Award recognises and celebrates exceptional people aged 18-29 from across the Commonwealth and is given to youths who are taking the lead in their communities and using their skills to transform lives.
14. National Inter-State Senior Athletics C’ships begin in Hyderabad :
  • 56th National Inter-State Senior Athletics Championships will begin in Hyderabad .
  • It is  a qualifying event for the Rio Olympics.
  • As many as 744 athletes, including 264 women from 26 states will take part in the five-day event.
  • So far, 21 athletes have qualified for the Rio Olympic Games besides the women’s 4x400m relay squad.
  • A Sri Lankan relay team will also take part in the event in its bid to attain the Rio qualification standard.
15. Argentina women win record seventh FIH Champions Trophy title:
  • The Argentina women’s team has claimed a record seventh International Hockey Federation Champions Trophy title with a 2-1 win over reigning World and Olympic champions, the Netherlands, in the final at the Lee Valley Hockey and Tennis Centre.
  • The Netherlands hit back with a high-quality penalty corner flick from Eva de Goede just after half time, but Argentina held on to win their third successive Champions Trophy title.
16. International Indian Film Academy Awards 2016:
  • The 2016 IIFA awards which are officially known as the 17th International Indian Film Academy Awards (IIFA 2016) held in Madrid, Spain between 23 to 26th of June.
  • The award has been presented by the International Indian Film Academy honouring the best Hindi films of 2015. The official ceremony took place on 25 June but the nominations were announced on 26 May 2016.
  • In 2016 IIFA awards, Bollywood stars, Deepika Padukone and Ranveer Singh bagged the Best Actor (Female) and Best Actor (Male) trophy at the 17th IIFA extravaganza for their performance in "Piku" and "Bajirao Mastani" respectively. While, Sanjay Leela Bhansali won the Best Director for "Bajirao Mastani" and "Bajrangi Bhaijaan" was named the Best Film at a glittering ceremony in Spain.

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