DAILY CURRENT AFFAIRS: 3 DEC 2015
(Daily News India)
Shared By: WWW.DailyGk.IN
1. JUSTICE TIRATH SINGH THAKUR SWORN IN AS 43RD CHIEF JUSTICE OF INDIA
i. Justice Tirath Singh Thakur sworn in as 43rd Chief Justice of India by President Pranab Mukherjee at Rashtrapati Bhavan, New Delhi.
ii.He has replaced Justice H L Dattu who retired on 2 December 2015.
iii.Justice Thakur headed the bench which delivered the verdict to in the spot-fixing scandal during IPL.
iv. He also headed the bench which ordered probe into the multi-crore chit fund scam known as Saradha scam.
2. BRAZIL ENTERED LONGEST RECESSION SINCE 1930S
i. Brazil’s economy is contracting from last some months, now it has contracted by 1.7 percent during July-September 2015 compared to April-June .
ii. It was Brazil's third consecutive quarter of contraction starting from January 2015 and makes the country's longest recession period since the 1930s.
iii. Inflation has risen above 10 percent in Brazil highest in 12 years.
Reasons for recession in Brazil: Main reasons for recession in Brazil are continuing global economic slowdown, decline in exports and scandal at the government-run oil company Petrobras.
3. INDIAN ECONOMY GREW BY 7.4% IN Q2 OF FY 2015-16: CSO
i. Central Statistical Office announced that India’s Gross Domestic Product grew by 7.4 percent in the second quarter of 2015-16 financial year.
ii. Central Statistical Office is a part of the Ministry of Statistics and Programme Implementation.
iii. India continues to be the fastest growing economy in the world in 2015 with growth rate of 7.4%.
iv. Recently India had overtaken China as the world’s fastest growing major economy.
4. UNION CABINET APPROVED MOU BETWEEN INDIA AND GERMANY FOR SOLAR ENERGY
i. The Union Cabinet approved a Memorandum of Understanding with Germany to expand bilateral development cooperation in Solar Energy.
ii. It will help in increasing use of solar energy in India through technical and financial cooperation.
iii. India has set target of having 100000 MW for solar power generation capacities by 2022 under the National Solar Mission.
5. UNION CABINET APPROVED MOU WITH ISRAEL ON WATER RESOURCES MANAGEMENT AND DEVELOPMENT COOPERATION
i. The Union Cabinet gave its approval for Memorandum of Understanding between India and Israel in sectors relating to the field of water resources management and development cooperation.
ii. The MOU will help both the countries in strengthening the techniques in efficient use of water, micro-irrigation, re-use of waste water techniques.
6. VIJAY KUMAR CHOUDHARY ELECTED AS BIHAR ASSEMBLY SPEAKER
i. Senior Janata Dal (United) leader Vijay Kumar Chaudhary was elected as new Speaker of the Bihar Legislative Assembly.
ii. Recently Elections has been conducted in Bihar for the new government, Nitish kumar sworned in as new CM of Bihar.