Friday, 28 October 2016

Current Affairs for Bank Exams (Daily GK Update 28 October 2016)

Current Affairs for bank exams
1. National Ayurveda Day: 28 October
  • The first National Ayurveda Day was observed on 28 October on the occasion of Dhanwantari Jayanti
  • The theme for this year is ‘Ayurveda for Prevention and Control of Diabetes‘.
2. Nadia Murad and Lamiya Aji Bashar wins 2016 Sakharov Prize:
  • Two Yazidi women Nadia Murad Basee and Lamiya Aji Bashar have been selected for European Union’s prestigious Sakharov Prize for Human Rights for year 2016. 
  • Both of them were among thousands of Yazidi girls and women who were abducted by Islamic State (IS) militants in Iraq and forced into sexual slavery in 2014. 
  • But both survived and had escaped sexual enslavement. Now they campaign for the Yazidi community.
3. Union Cabinet approves agreement between India and Estonia :
  • The Union Cabinet has given its approval for signing and ratification of an Agreement between India and Estonia on the transfer of sentenced persons
  • This agreement will facilitate the Indian prisoners imprisoned in Estonia or vice-versa for serving remaining part of their sentence in their country and be near to their families. 
  • It will also facilitate their social rehabilitation.
4. MMTC ties up with major banks to retail gold coins:
  • Public sector major MMTC (Metals and Minerals Trading Corporation of India) has joined hands with HDFC Bank, ICICI Bank and Andhra Bank to retail gold coins with a new buyback option. 
  • Besides its own outlets across the country, MMTC has tied up with Indian Overseas Bank, Vijaya Bank, Federal Bank and YES Bank to sell gold coins in denominations of 5 gm and 10 gm coin and 20 gm bar.
5. Union Cabinet approves establishment of National Academic Depository:
  • The Union Cabinet approved establishment and operationalisation of a National Academic Depository (NAD)
  • Under it all academic degrees, certificates and awards in the country will be made digitally available for verification on single spot.
  • The NAD will be established and operationalised within the next three months. 
6. Union Cabinet gives in-principle approval for strategic sale of over dozen PSUs:
  • Union Cabinet on 27 October 2016 gave its in-principle approval to NITI Aayog’s proposal for strategic sale of over a dozen public sector undertakings (PSUs).
  • Finance Minister Arun Jaitley said the names of PSUs that are up for strategic stake sale would be made public once they are going to be put up for the auction. 
  • The recommendations of the NITI Aayog on disinvestment and strategic sale came up for consideration and the Cabinet in principle approved the recommendations with regard to some of the units.
7. World Bank award for Almatti dam:
  • Almatti dam, one of the largest reservoirs in Karnataka, was chosen for the World Bank’s Award of Excellence for best utilisation of funds for renovation to enhance the strength of the dam. 
  • The World Bank had granted Rs.72 crore to the Krishna Bhagya Jal Nigam Limited to prevent seepage which could damage the dam.
  • The Almatti Dam is a hydroelectric project on the Krishna River at the Bagalkot district in North Karnataka.
8. Union Cabinet gives approval to IISER, Berhampur in Odisha:
  • The Union Cabinet has given its ex-post facto approval to formation of the Indian Institute of Science Education & Research (IISER) at Berhampur in Odisha. 
  • IISER, Berhampur will be established under the Societies Registration Act, 1860 and it will start of its 2016-17 academic session from 1 August 2016.
9. Japan's Prince Mikasa, world's oldest royal, dies at 100:
  • Japanese Prince Mikasa, uncle of Emperor Akihito, died at the age of 100, 27 October. 
  • He was the oldest imperial family member in the world. 
  • Mikasa was the fifth in the line of succession to the Japanese throne Chrysanthemum, a metaphorical name for the monarchy.
10. Borje Ekholm appointed as President and CEO of Ericsson:
  • Borje Ekholm was appointed as the President and Chief Executive Officer (CEO) of  Ericsson, Swedish communication technology firm, with effect from 16 January 2017. Until then, Jan Frykhammar will remain interim CEO.
  • Ekholm will also remain a member of the Board of Directors of Ericsson. Presently, Ekholm is working as CEO of Patricia Industries.

Current Affairs Quiz 28th October 2016

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