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Saturday, February 7, 2015

DAILY CURRENT AFFAIRS 7 FEBRUARY 2015

DAILY CURRENT AFFAIRS-7 FEBRUARY 2015
Shared By: WWW.DailyGk.IN
1) BAL CHANDRA NAMADE WINS JNANPITH AWARD
Ø  Eminent Marathi Litterateur Balchandra Namade wins the Jnanpith award for 2014.
Ø  He has written many famous novels from ‘Kosala’ , 1963 to his recent magnum opus ‘ Hindu’.
Ø  Namade is the fourth Marathi to win the award. He has also been honored with Padma Shri and won Sahitya Akadmi award in the past.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Who won the Jnanpith Award for 2014
a.          V.S.Khandekar
b.         V.V. Shirwadkar
c.          Vinda Krandikar
d.         Balchandra Namade
2.        Which among the following awards is not been conferred by Balchandra Namade.
a.          Padma Shri
b.         Jnanpith Award
c.          Padma Bhusan
d.         Shitya Akademi Award

2) NITI AAYOG’S FIRST MEETING HELD IN NEW DELHI
Ø  First ever meeting of NITI Aayog took place in new Delhi on Friday under Chairmanship of PM Narendra Modi.
Ø  Meeting was attended by Finance Minister Arun Jaitley and experts such as Mukesh Bhutani, Nitin Desai, Parthasarathi Shome, Rajiv Lall, Swaminathan Aiyer, Vijay Kelkar, V Reddy and others.
Ø  Attention to the need for a renewed focus on India’s high-cost, low productivity farm sector and manufacturing sector.

3)   ED ISSUES NOTICE TO SAHARA ON FEMA VIOLATION
Ø  ED issues Rs 3,600 crore FEMA notice for an illegal violations of foreign exchange rules involving an overseas Direct Investment.
Ø  The direct investment outside India is allowed either through the Automatic route, where the investor doesn’t require prior approval from the RBI but has to adhere to certain conditions or the approval route, which requires permission from the RBI.
Ø  ED-Enforcement Directorate.
Ø  FEMA- Foreign Exchange Management Act.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Which of the following Group recently violated FEMA’s regulations
a.          Reliance
b.         Sahara
c.          Tata
d.         Adani

4)   BENGALURU, CHENNAI, SURAT AMONG ‘100 RESILIENT CITIES’
Ø  Bengaluru, Chennai and Surat are the 3 cities from India which are chosen besides  67 cities from the Globe for ‘100 Resilient cities’.
Ø  Rock feller Foundation had announced the 100 Reliant cities project with a $ 100 million commitment to build resilience worldwide.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Which among the following cities is not among 100 Resilient cities
a.          Bengaluru
b.         New Delhi
c.          Surat
d.         Chennai

5)     FOREX RESERVES TO RECORD HIGH
Ø  FII Inflows Push Forex Reserves to a new high of $ 327.88 billion.
Ø  After 2014 Elections, foreign funds pumped dollars into Indian equities on the hopes of big-bang economic reforms.
Ø  It is for the first time that the forex kitty has crossed $ 320 billion.

6)   DIPA KARMAKAR WINS 4  GOLD
Ø  Dipa Karmakar of Tripura won 4 Gold Medals at 35th National Games.
Ø  Dipa Karmakar won Gold in Gymnastic events which includes vault, parallel bars, balance beam and Floor.

7)  US ADVISORY COMMITTEE FOR TRADE POLICY APPOINTS AJAYPAL SINGH BANGA
Ø  Ajay pal Singh Banga, an Indian-American is appointed as the new member to the Advisory Committee for Trade policy and Negotiations.
Ø  Currently, he is also the chairman of the US-India Business Council (USIBC).
Ø  He is also a member of Board of Director of the Dow Chemical Chempany, Member of the council on Foreign Relations and Member of International Business Council of the World Economic Forum.

8) M O GARG TAKES CHARGE AS NEW DIRECTOR GENERAL OF CSIR
Ø  M O Garg has been appointed as the Director General of the council of Scientific & Industrial Research (CSIR).
Ø  He replaces PS Ahuja.
Ø  MO Garg has 33 national and International patents to his credit.
Ø  CSIR is India’s Largest Research and Development (R &D) organization with 37 laboratories and 39 field stations spread across the nation.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Who became the new DG of CSIR
a.          M O Garg
b.         PS Ahuja
c.          A K Reddy

d.         Subrahamanyam Jaishankar

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