Daily Current Affairs – 14 August 2015
- Today observed as Independence Day in Pakistan. He got the freedom from British Empire on this day in 1947 along with India. Mohammad Ali Jinha was his first prime minister.
- National Thermal Power Corporation (NTPC) has signed two Memorandum of Understanding (MoUs) with National Skill Development (NSDF) and National Skill Development Corporation (NSDC) for skill development training in eastern states and Bihar and by by NTPC and executed by NSDC through its Training Partners. These MoUs are
MoU 1: NTPC will provide the skill training up to two years to 5000 youth and women across 22 locations with special focus on the eastern states with complete cost of Rs.6.5 Crores
MoU 2: NTPC will train upto five years, over 25000 candidates in services and manufacturing sectors across under-served locations in Bihar with cost of Rs 30 crore.
- Central Government has revised the National Solar Mission target of Grid Connected Solar Power projects from 20,000 MW by 2022 to1,00,000 MW by 2022 to achieve the 1,00,000 MW target by setting up Distributed Rooftop Solar Projects and Medium & Large Scale Solar Projects. The Ministry of New & Renewable Energy has further set two categories under which the target will be achieved.
Category-I: Target to harvest 40,000 MW solar energy by setting Rooftop Solar panels.
Category-II: Target to harvest further 60,000 MW energy through the collective efforts as Scheme for Decentralized Generation of Solar Energy Projects by Unemployed Youths & Farmers, through PSUs, Large Private Sector/IPPs, Solar Energy Corporation of India (SECI), Under State Policies and Ongoing programs incl. past achievements.
- Insurance Regulatory and Development Authority of India (IRDAI) has allowed banks to tie up with insurers under the IRDAI’s new Bancassurance model guidelines which will be notified soon. Currently banks were not allowed to have insurance agency tie-ups with more than one insurer, but now banks can tie up with nine insurers from three segments viz. life, non–life and standalone health. It will not be binding on banks and they are free to take their call.
- Assam state legislature has passed Assam Witch Hunting (Prohibition, Prevention and Protection) Bill, 2015 in order to reign in the rising incidents of witch hunting cases across the state. The bill seeks to eliminate rising cases of superstition leading to murder of so-called “witches”. It was prepared in lines with the spirit of universal declaration of human rights, crimes in witch hunting cases cause gross violation of basic human rights. If anybody found guilty, the act imposes up to 7 years of jail and fine up to 5 lakh rupees as non-bailable, cognizable and non-compoundable within the meaning of the Code. This provision will come as per Section 302 of the Indian Penal Code (IPC). Proposes sentence of 3 years imprisonment if anybody blames a person for natural disasters in a particular locality such as floods, droughts, illness or any death. Hundreds of cases of torture and killing have been reported in the state in the name of witch. The Bill has clause to prohibit any person from identifying, calling or defaming any other person as witch by words, conducts, signs or indications.
- Tata Sons has decided to increase its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent by infusing fresh capital for which they acquire the additional stake from Arun Bhatia’s Telestra Tradeplace which was subscribe to 21 per cent equity in the airline but it hasn’t done so. AirAsia India is a joint venture between Malaysian low-cost airline AirAsia Berhad, Tata Sons and Arun Bhatia’s Telestra Tradeplace. As per the original agreement these three partners holds 49%, 30%, 21% stakes in Air Asia India and had committed to 30 million US dollar in the airline. Mittu Chandilya would also be its managing director and also planning to change its CEO.
- Om Prakash Rawat appointed as an Election Commissioner (EC) in the Election Commission of India (ECI) by President Pranab Mukherjee for the tenure of more than three years which will end in December, 2018 i.e. till he attains the age of 65 years. An awardee of state government’s ‘recognition of forest rights’ in 2009, Rawat did his MSc in Social Development Planning in 1989 in the United Kingdom. During his career, he served as Secretary, Department of Public Enterprises in the Ministry of Heavy Industries. Earlier he had served with two chief ministers as their principal secretary.
- India and Slovak Republic have signed a Memorandum of Understanding (MoU) on technical cooperation in railway sector between Union Ministry of Railways and the Ministry of Transport, Construction and Regional Development of the Slovak Republic in New Delhi by Ganga Ram Agarwal, Secretary, Railway Board and Ambassador of Slovak Republic to India Zigmund Bertok for modernization of Signaling & Telecom, rolling, ICT especially for passenger amenities and Infrastructure building, station development and management and workshop.
- Axis Bank has launched the first Contactless Debit, Credit and Multi-Currency Card in association with VISA payWave in the country for its 1.7 million premium customers which also enables withdrawal of 15 via Multi-Currency Forex facility. To facilitate contactless cards operations bank will upgrade 50,000, of its point of sale (PoS) machines across the country.
- Mumbai high court temporarily lifted ban on Nestle Maggi instant noodles. The court also ordered to retest five sample of each variant of Maggi noodles and submit reports within six weeks. The tests will be held in three laboratories in Hyderabad, Jaipur and Punjab. If lead contents are below permissible limit, Nestle can restart selling their manufacturing and selling Maggi noodles.
- Maharashtra’s famous Dahi Handi (Govinda) was accorded with the status of Adventure Sport through a Government Resolution (GR) 201508131458581621. It will be played as per the rules and regulations which will be framed by a State-level association. It will not be limited to Janmashtami only. Anyone can participate in the sport now, except those below 12 years. Minors will have to provide letters of approval from their parents. Groups playing this sport would be trained and registered.
- Union Government’s ambitious Pratyaksha Hastaantarit Laabh (PAHAL) scheme has been acknowledged as the world’s largest cash transfer program (households) by the Guinness Book of World Records. Under the scheme, subsidized liquefied petroleum gas (LPG) cylinders are sold at rates and consumers are entitled to receive LPG subsidy directly into their bank accounts and formally launched as Direct Benefit Transfer Scheme for LPG subsidy in 2013 in 291 districts under the aegis of Union Ministry of Petroleum and Natural Gas. It is done either through bank account or Aadhaar linkage. Currently it covers more than 9.75 crore LPG consumers across the country.
- Boxing Coach Swatantra Raj Singh has been recommended for the prestigious life time achievement Dronacharya award 2015.
- Nihar Amin (Swimming) and Harbans Singh (Athletics) has been recommended for this year’s Dronacharya award.
- Indian Men’s Hockey Team on 13 August 2015 won three match series of their European Tour 2-1 after registering second win in the third and final match of the series. Indian team defeated Spain 4-2 at Teresa in Spain. Rupinder Pal scored the first goal in 24th minute followed by Akashdeep Singh in 45th minute and the third and fourth goals by Ramandeep Singh. The first match of the series was won by Spain 4-1. The second match was won by India 2-0.
- Sudhakar Shetty of Maharashtra was appointed as the president of the Gymnastics Federation of India (GFI). He has replaced Jaspal Singh Kandhari. Others elected are as follows:
Riyaz Bhati as vice president
Ranjeet Vasava and Anil Mishra as joint secretaries
Makarand Joshi as executive member
Shantikumar Singh as general secretary
Gian Singh as treasurer
- Om Prakash Munjal, industrialist and founder of Hero Cycle passed away in the DMC Hero Heart Centre, Ludhiana on 13 August. He was 87. He has received the various award as as Udyog Rattan Award, The Samman Patra award and The Indira Gandhi National Unity award. He was born on 26 August 1928 in Kamalia, Punjab (then British India) and moved with his family to Amritsar in 1944 to start a bicycle spare parts business with his three brothers. The complete manufacturing of bicycle was started in 1956 under brand name Hero. This unit became the first bicycle manufacturing unit in India which produced 639 bicycles in that first year.
- At IBPS Preparation,We provide pathway for any candidate who wishes to shine in the recruitment process of IBPS.
- Announcements2017.07.22IBPS Announces the Common Recruitment Process for Recruitment of Officers (Scale-I, II & III) and Office Assistant (Multipurpose) in RRB’s – CRP RRB’s VI
- Announcements2017.07.11Bandhan Bank Recruitment Notification 2017 for 5000 Vacancies – Exam Pattern & Syllabus
- Cloze Test2017.07.03Cloze Test – 3 for Banking Exams
- Cloze Test2017.07.03Cloze Test – 2 for Banking Preparation