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Wednesday, October 7, 2015

DAILY FREE CURRENT AFFAIRS 07 OCT 2015 ( DAILY NEWS INDIA )

DAILY CURRENT AFFAIRS: 7 OCT 2015
                                               (Daily News India)                 
Shared By: WWW.DailyGk.IN

1.’SERGEY KARJAKIN’ GRABBED 2015 WORLD CUP CHESS CHAMPIONSHIP
i. Sergey Karjakin of Russia has won 2015 World Cup Chess Championship held at Baku, Azerbaijan.
ii. Sergey Karjakin defeated Peter Svidler by 6-4 score.
iii. He holds the record for being world’s youngest Chess Grandmaster at the age young of 12 years and 7 months.

2. ‘TAKAAKI KAJITA AND ARTHUR B. MCDONALD’ HAVE JOINTLY WON THE 2015 NOBEL PRIZE IN PHYSICS
i. Takaaki Kajita of Japan and Arthur B. McDonald of Canada have jointly won the prestigious 2015 Nobel Prize in Physics.
ii. They are selected for their key contributions to experiments showing that neutrinos change identities. They individually have discovered neutrino oscillations and shown that neutrinos have mass.

3. ‘INS ASTRADHARANI’ INDUCTED INTO INDIAN NAVY
i. INS Astradharani was inducted into Indian Navy at Visakhapatnam, Andhra Pradesh.
ii. It is Indian‘s first indigenously- built Torpedo launch and recovery vessel.
iii. It has replaced INS Astravahini which was decommissioned from India Navy in July, 2015.

4. ‘PRAVASI BHARATIYA DIVAS CONFERENCE 2016’ TO BE HELD IN NEW DELHI
i. The Pravasi Bharatiya Divas Conference 2016 will be held in New Delhi from 8 January to 10 January 2016.
ii. The objective of the conference is developing a new paradigm for engagement with the Diaspora over the next decade.

5. ‘JACK DORSEY’ APPOINTED AS NEW PERMANENT CEO OF TWITTER
i. Twitter has appointed Jack Dorsey as permanent CEO for second time.
ii. He will replace Dick Costolo who had resigned in June, 2015.
ii. With this new appointment he will cease to be chairman of the board of Twitter but will continue to serve as a member of the board.
iii. Twitter is an online social networking service.

6.’CHINA’ GRABBED 2015 FIBA ASIAN BASKETBALL CHAMPIONSHIP
i. China grabbed the International Basketball Federation Asia Championship by defeating the Philippines in the final.
ii. The victory of FIBA Asian Basketball Championship has made china’s qualification for the 2016 Olympics in Rio de Janeiro, Brazil.

7. ‘WORLD ECONOMIC OUTLOOK REPORT’ RELEASED BY IMF
i. International Monetary Fund  released World Economic Outlook report  titled ‘Adjusting to Lower Commodity Prices’
ii. India’s growth is expected to strengthen from 7.3 percent 2015 and last year to 7.5 percent in 2016.
iii. Global growth is projected to decline from 3.4 percent in 2014 to 3.1 percent in 2015, before picking up to 3.6 percent in 2016
iv. According to report inflation in India, is expected to decline further in 2015, reflecting the fall in global oil and agricultural commodity prices.

8. RBI RELAXED NORMS OF FPI INVESTMENT IN GOVERNMENT SECURITIES
i. The Reserve Bank of India5 relaxed the norms of Foreign Portfolio Investors of government debt.
ii. It also announced higher investment limits in rupee terms in government securities with a view to bring in an additional 1.2 lakh crore rupees by March 2018.
iii. These directions were issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.


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