Daily GK - Free Current Affairs (GK Quiz) Daily Current Affairs GK Updates DAILY CURRENT AFFAIRS 25, 26 DEC. 2014
Friday, December 26, 2014
DAILY CURRENT AFFIARS 25, 26 DEC. 2014
1. GOVERNMENT APPROVED ORDINANCE FOR INSURANCE BILL
o Foreign Investment cap in insurance sector has been increased from 26% to 49 %.
o Government re-promulgate Ordinance to allow resumption of coal block allocation.
o Government opened the medical device sector to foreign investment by allowing 100% FDI in these devices.
o Insurance sector FDI will result in capital inflow of $6-8 billion
2. 25-DECEMBER-GOOD GOVERNANCE DAY
o The Government of India has declared 25 December, the birth anniversary of former Prime Minister Atal Bihari Vajpayee as Good
o Atal Bihari Vajpayee and Pandit Madan Mohan Malviya, the founder of Banaras Hindu University were Given Bharat Ratna recently.
3. ARMS TRADE TREATY (ATT)CAME IN TO FORCE
o Global Arms trade Treaty regulating $85 billion came in to force.
o 60 nations had ratified and 130 had signed the treaty.
o The ATT was adopted by UN General Assembly on 2 April,2013.
o India was among 23 nations that had abstained from voting on treaty resolution last year.
o UN secretary Ban Ki Moon said that Treaty will help prevent transfer of weapons to terrorist and Human rights Abuser.
o India said that treaty resolution was Weak on terrorism and non state actors.
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