Tuesday, 5 January 2016

Current Affairs 05 - January - 2016

1. Invasive species of snowflake coral discovered off coast of Thiruvananthapuram
Scientists have explored presence of colonies of an invasive species of snowflake coral (Carijoa riisei) off the coast of Thiruvananthapuram and Kanyakumari. They were discovered at 10 metre depth off Kovalam (Thiruvananthapuram) and 18 metre depth off Enayam (Kanyakumari).
2. No interviews: PSBs to strengthen exam for clerical posts
Finance Ministry has asked Public Sector Banks (PSBs) to strengthen written examination for recruitment of clerical and sub-staff posts as there will be no interviews for such appointments.
The decision to change the recruitment process follows Prime Minister Narendra Modi’s directive that there was no need for holding interviews for lower level posts.
3. India-Nepal friendship bus service resumes after gap of 27 years
A friendship bus service between Nepal and India was flagged off via Champawat district in Uttarakhand after a gap of 27 years. will run between Kanchanpur in Nepal close to the Banbasa border in Champawat district and Anand Vihar in New Delhi.
People travelling in these buses do not require any special documents to travel. These buses are air conditioned and provide free wi-fi connectivity to passengers.
4. Flipkart wins ‘Website of the Year India 2015
Flipkart has been named the winner of the ‘Website of the Year India 2015’ in an online poll which was conducted by marketing analytics company MetrixLab.
Indian Railway Catering and Tourism Corporation (IRCTC) has won the Most Popular Website of the Year India 2015 Award for a second time in a row in the leisure and travel category.
5. Alstom delivers ‘Made in India’ coaches to Kochi Metro
Alstom the French transportation equipment maker rolled out the first set of railway coaches for the Kochi Metro project. The Kochi coach order is the second rolling stock contract for Alstom in the country, with Chennai metro the first.
Venue : Sri City in Andhra Pradesh.
flagged off by Union Minister for Urban Development and Parliamentary Affairs, M. Venkaiah Naidu.
6. PM Modi inaugurated Indian Science Congress in Mysuru
Prime Minister Narendra Modi inaugurated the 103rd Indian Science Congress in Mysore, Karnataka. The event is being held at the University of Mysore from January 3 to 7.
The Indian Science Congress is being hosted in Karnataka after 13 years and in Mysuru after 34 years.
Theme – Science & Technology for Indigenous Development in India
7. “Two Indian Capitals” in World’s top-30 “Super Cities”
According to the study conducted by international real estate consultancy JLL, two Indian capitals have made it to a top-30 list of the World’s most powerful, productive and connected cities.
India’s national capital Delhi ranked at 24th.
India’s financial capital Mumbai is placed at 22nd.
The list is topped by Tokyo which is followed by New York, London and Paris in the top four “super cities”.
8. Saudi Arabia severed diplomatic ties with Iran
Foreign Minister Adel al-Jubeir announced that Saudi Arabia was severing diplomatic ties with Iran after demonstrators stormed its Tehran embassy to protest against Riyadh’s execution of a Shiite cleric. Jubeir also said that all Iranian diplomats must leave Saudi Arabia within 48 hours
Saudi Arabia Capital : Riyadh
Saudi Arabia Currency : Riyal
Saudi Arabia King: Salman bin Abdulaziz
8. China creates three new Army units to modernise military
China has created three new military bodies as part of reforms to modernise its military and improve its fighting capacity. Mr. Xi said the three new units had been created as part of a modernisation reform and “to realise the Chinese dream of a strong military”.
Three new Army units are
1.Army   2.Missile force  3.Strategic support force.
China Capital : Beijing
China Currency :Renminbi (Yuan)
China President : Xi Jinping
9. Indian “₹” among best of Asian currencies 2015
 “Rupee” turned out to be one of the best performers in 2015 excluding yen.
Indian currency’s depreciation of 5% against the dollar was less than the losses of most of its other Asian peers. It fared better in 2014, when it weakened by only 2%.
Its Asian counterparts like the Indonesian rupiah weakened by 11.30 % and the Thai baht depreciated 9.5% against the dollar. Only Chinese currency fared marginally better, losing only 6%.
10. 3 NPCI Awards conferred upon Corporation Bank
Corporation Bank has received 3 awards at the “National Payments Excellence Awards 2015” event recently. The function was organised by  (NPCI).
The award was presented by R Gandhi, Deputy Governor of RBI.
Corporation Bank received the winner award jointly with Indian Bank for “Cheque Truncation System” under the mid-sized category. The bank also received two runner-up awards for National Financial Switch for its performance in acquirer transactions and Immediate Payment Service (IMPS).
11. Javed Ahmed appointed DG of Police of Uttar Pradesh
The Uttar Pradesh Government appointed Javed Ahmed as the new Director General of Police(DGP). He will replace vacant Jagmohan Yadav who retired recently. Ahmed, a 1984 batch Indian Police Service officer, had earlier served as the joint director of theCentral Bureau of Investigation during central deputation, was serving as the director general (railways).He will retire in 2020 .
12. SBI to buy 4 Air India flats for Rs 90 crore
SBI is announced to buy four premium flats in the city’s tony Peddar Road area from the loss-making Air India.
The government recently gave go-ahead to state-owned Air India to sell the flats to SBI for about Rs 90 crore as part the airline’s asset monetisation plan.
SBI HQ : Mumbai
SBI Chairperson : Arundhati Bhattacharya

13. RBI imposes Rs 1 crore fine on State Bank of Travancore
The Reserve Bank of India (RBI) has imposed a monetary penalty of one crore rupees on State Bank of Travancore, an SBI associate bank for violation of some of its instructions. The monetary penalty was imposed on State Bank of Travancore for violation of its instructions including reporting of data to Central Repository of Information on Large Credits (CRILC).
14. RK Mathur sworn in as 8th Chief Information Commissioner
Former Defence Secretary Radha Krishna Mathur (62) has sworn in as the eight Chief Information Commissioner (CIC) of the Central Information Commission. He was administered the oath of office by the President Pranab Mukherjee at a ceremony held in Rashtrapati Bhavan in New Delhi. Mr. Mathur as the CIC will have tenure of about three years i.e. till 2019 till he attains the age of 65 years.
15. GOI constitutes Shyam Benegal Committee to revamp Central Board of Film Censors
Government of India has constituted a Committee headed by renowned film personality Shyam Benegal for Holistic interpretation of the provisions of the Cinematograph Act and Rules. The Board of film certification recently came under attack following the cuts imposed on long kisses between Spectre’s lead actors Daniel Craig and Monica Bellucci. The panel has been asked to submit its recommendations within two months on reshaping the censor board, officially known as the Central Board of Film Certification (CBFC).
16. All IRNSS satellites to be in orbit by March: ISRO
Indian Space Research Organisation’s (ISRO) all the seven satellites of Indian Regional Navigation Satellite System (IRNSS) are expected to be in the orbit by March 2016. IRNSS-1E is slated for launch on January 20 from the space port of Sriharikota in Andhra Pradesh. Earlier ISRO launched four satellites. Another satellite IRNSS-1E is on the launch pad. It is slated for launch on January 20.
17. BSNL to set up 40,000 Wi-Fi Hotspots in the country
Public sector telecom major BSNL is working on setting up 40,000 Wi-Fi Hotspots in the country to counter its inadequacy in providing 4G data services. According to BSNL CMD Anupam Shrivastava they are at present neither a 4G service provider, nor do they have the relevant spectrum to launch this service. But to deal with this challenge, we are working on a scheme to set up 40,000 Wi-Fi Hotspots in the country, as it (Wi-Fi Hotspot) is faster than 4G services. Under the scheme, 500 Wi-Fi Hotspots have been set up in the country, and the company plans to increase them to 2,500 in the current financial year.
18. Jharkhand Government inaugurated land bank web portal jharbhoom.nic.in
Jharkhand Chief Minister Raghubar Das on 4 January 2016 inaugurated the state's land bank web portal, jharbhoom.nic.in, that will help investors know land-related information. With this, one would be able to get information about the land which is available at the district and the circle area level with a click of a mouse. This land bank will help investors get information through district-wise nodal officers.
19. Nokia completed acquisition of Alca-Lucent for 15.6 billion euro
Nokia Corporation on 5 January 2015 announced that it completed the regulatory formalities for acquiring the French telecom equipment company Alca-Lucent. The deal, worth 15.6 billion euro, was signed in 2014 and later approved by the European Commission. With this acquisition, Nokia holds 79.32 percent of outstanding Alcatel-Lucent shares and at least 78.97 percent of the French company's voting rights.
20. Mary Barra elected as Chairman of General Motors Board of Directors

Mary Barra was on 4 January 2016 elected as Chairman of General Motors (GM) Board of Directors with immediate effect. Barra succeeds Theodore Solso, who will continue serving as the  Lead Independent Director of the Board. Earlier, Barra was serving as Chief Executive Officer (CEO) of GM since January 2014.
21.BSE launches web-based RTA portals for filing of disclosures
Bombay Stock Exchange Ltd launched a web-based portal for registrars and share transfer agents (RTAs) to enable depositories as well as file disclosures.
The move follows the Securities and Exchange Board of India’s (SEBI) decision to initiate a system involving stock exchanges, depositories and RTAs for generating system-based disclosures required under takeover regulations and insider trading norms.
The disclosures are related to acquisition and disposal of shares by promoters and promoter group and pledge of equity shares by them.

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