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Tuesday, February 2, 2016

Daily Current Affairs 2nd Feb. 2016

DAILY CURRENT AFFAIRS: 2 FEB 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. HIMACHAL PRADESH APPROVED 15 CRORE RUPEES ON SWACHH BHARAT MISSION IN KINNAUR
i. The Himachal Pradesh Government is going to spend 15 crore rupees on Swachh Bharat Mission in tribal district of Kinnaur.
ii. The funds will be used on capacity building and organizing of workshops for awareness on swachh bharat mission.
iii Every single household will be given 12 thousand rupees for toilet construction .

2. VIETNAM LIFTED BAN ON IMPORT OF INDIAN GROUNDNUT
i. Vietnam lifted the ban on import of Indian Groundnut.
ii. The Vietnam Ministry of Agriculture & Rural Development lifted the ban in the wake of visit of Vietnam delegation to India in December 2015.
iii. Last year in april 2015 Vietnam had imposed ban on import of groundnuts from India due to interceptions of quarantine pests in consignments of groundnuts exported since January 2015.

3. ARCHANA RAMASUNDRAM BECAME 1ST WOMAN TO HEAD PARAMILITARY FORCE
i. Archana Ramasundram was appointed as the Director General of the Sashastra Seema Bal  that guards India's frontiers with Nepal and Bhutan.
ii. Archana Ramasundram became the first woman to head a paramilitary force .
iii. Paramilitary forces in India are Sashastra Seema Bal , Central Reserve Police Force , Border Security Force , Central Industrial Security Force and Indo Tibetan Border Police.

4. COMPANIES LAW COMMITTEE SUBMITTED REPORT RECOMMENDING CHANGES IN THE COMPANIES ACT, 2013
i. The Companies Law Committee submitted its report to the union government for examining and making recommendations on the issues arising out of implementation of the Companies Act, 2013.
ii. The committee was chaired by Tapan Ray Secretary in Ministry of Corporate Affairs .
iii. The main aim of the Committee is to promote ease of doing business, encouraging start-ups and the need for harmonising various laws.
 iv. Some of the key changes proposed are
a.    Managerial remuneration to be approved by shareholders.
b.   Provisions relating to forward dealing and insider trading to be omitted from Companies Act. Listed companies are covered under SEBI Act/Regulations. 
c.    Companies may give loans to entities in which directors are interested after passing special resolution and adhering to disclosure requirement. 
d.   Restriction on layers of subsidiaries and investment companies to be removed. 
e.    Change in the definition of term relative for determining disqualification of auditor 
f.     No filing fees if financial statements and annual returns filed within prescribed time. 
g.    Auditor to report on internal financial controls with regard to financial statements. 
h.   Employee stock ownership plan to be allowed to promoters working as employees/directors. 
i.      Limit on sweat equity to be raised from 25percent of paid up capital to 50percent for start-ups. 
j.      Re-opening of accounts to be limited to 8 years. 
k.    Requirement for annual ratification of appointment/continuance of auditor to be removed.

5.  ADITYA MEHTA WON 83RD SENIOR NATIONAL SNOOKER CHAMPIONSHIP
i. Aditya Mehta won the 83rd Senior National Snooker Championship in Indore, Madhya Pradesh.
ii. Aditya Mehta has  defeated Manan Chandra by 6-3 in the final to won Senior national  Snooker Championship 2016.
iii. In the women category Vidya Pillai defeated Amee Kamani to grab National Snooker Championship in the women’s category title.

6. MUKTESH KUMAR PARDESHI APPOINTED AS INDIA’S ENVOY TO MEXICO
i. Muktesh Kumar Pardeshi was appointed as India’s Ambassador to Mexico.
ii. Union Government  has also appointed P Harish as India’s Envoy to the Socialist Republic of Vietnam.

7. VIRENDER SEHWAG IS APPOINTED AS MENTOR FOR KINGS XI PUNJAB FOR IPL SEASON 9
i. Former Indian cricketer Virender Sehwag was appointed as mentor of the Kings XI Punjab team for the IPL season 9.
ii. He was playing in Kings XI Punjab team for the last 2 IPL seasons and now he is appointed as mentor for the team.

iii. He is well known for his strong batting approach and was a handy off-spinner who could check the flow of runs and take wickets.

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