Saturday, 12 March 2016

Current affairs 11 - March - 2016

1)   Rest of India has won the Irani Cup Cricket Title 2015-16 by defeating Mumabi in the final match of the cup by four wickets. In the final match played at Brabourne Stadium in Mumbai, Rest of India overhauled the record victory target of 480 by making 482 for 6 on the fifth and final day. This successful chase was also the best-ever run-chase in the Irani Cup history. It has bettered Rest of India’s previous 424, chasing target set by Delhi at the Ferozshah Kotla in 1982-83.
2)   The Union Cabinet has given its approval for signing and ratification of the Bay of Bengal Initiative on Multi Sectoral Technical and Economic Cooperation (BIMSTEC) Convention on Mutual Legal Assistance in Criminal Matters. The Union Ministry of Home Affairs (MHA) has been designated as the Central Authority under Article 15 of the Convention.
3)   The Union Cabinet has given its approval for the MoU between India and United Arab Emirates (UAE) on Technical Cooperation in Cyber Space and Combating Cyber-Crime. It was singed between both countries in February 2016 to cooperate in combating cybercrime in the wake of the serious security threat posed by it to safety of people.
4)   India has signed the second line of credit (LOC) agreement extending 2 billion dollars in development financing to Bangladesh for undertaking various development projects. This credit line will be provided through Export Import Bank of India (Exim Bank), India’s external lending arm. It is Exim Bank’s biggest ever LOC facility given to another country. The development financing will be used in the infrastructural projects like power sector, road transportation, railways, shipping, information and communication technology (ICT) and social sector projects like health and technical education.
5)   Project Mausam aims to explore the multi-faceted Indian Ocean world for collating archaeological and historical research and not to counter China’s Silk Route strategy. It was announced by Union Minister of State (MoS) for Culture and Tourism (Independent Charge) Dr. Mahesh Sharma in a written reply in Rajya Sabha.
6)   The Union Government has appointed former Supreme Court (SC) judge Justice Balbir Singh Chauhan (66) as Chairman of the 21st Law Commission of India (LCI). Currently he is Chairman of the Cauvery River Water Disputes Tribunal. He was judge of the SC from May 2009 to July 2014. He also had served as Chief Justice of Orissa high court from July 2008 to May 2009. Apart from him, Union Government has appointed former judge of the Gujarat high court Justice Ravi R Tripathi as member of 21st LCI.
7)   The Rajya Sabha has passed the Real Estate (Regulation and Development) Bill, 2015 to protect the interests of consumers and curb the malpractices in the real estate sector. The bill seeks to create a uniform regulatory mechanism across the country and enhance the growth of construction sector. It also ensures to bring transparency and accountability in the real estate sector to access capital and financial markets essential for its long term growth.
8)   Lok Sabha has passed the Aadhaar (Target Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 by voice vote. It was introduced as Money Bill. The Bill is aimed at giving statutory backing for transferring government subsidies and benefits to targeted people by assigning them Aadhaar numbers i.e. unique identity numbers. With this, government plans to plug leakages in disbursal of subsidies and other services and in ensuring that these reach intended beneficiaries.
9)   Japanese researchers have successfully isolated a bacterium species Ideonella sakaiensis 201-F6 capable of breaking down plastic polyethylene terephthalate (PET) or polyester. Their results were published in the journal Science.
10)   Veteran Egyptian diplomat Ahmed Abul Gheit (73) has been selected as Secretary General of the Arab League. The 22-member league voted unanimously in favour of Aboul Gheit who was only contender for the post at its ministerial meeting held in Cairo, Egypt. He will succeed Nabil El-Araby, Egyptian diplomat whose term ends in July 2016 after he had rejected second five-year term. Abul Gheit is a former ambassador of Egypt to the United Nations. He had served as Egypt’s foreign minister from 2004 to 2011 during the final seven years of Hosni Mubarak’s rule.

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