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Thursday, November 3, 2016

DAILY CURRENT AFFAIRS: 28TH OCT 2016

DAILY CURRENT AFFAIRS: 28TH OCT 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. INDIA-SRI LANKA JOINT MILITARY EXERCISE MITRA SHAKTI 2016 BEGINS
i.  India-Sri Lanka Joint Military Exercise ‘MITRA SHAKTI 2016’ started  at Sinha Regimental Centre in Ambepussa, Sri Lanka.
ii. The main focus of this edition of joint exercise is to enhance inter-operability while carrying out Counter Terrorism and Counter Insurgency operations under the UN Mandate.

2. PAUL BEATTY WINS 2016 MAN BOOKER PRIZE
i. Paul Beatty  has won the 2016 Man Booker Prize.
ii. He becomes the first US author to win this prestigious literary award.
iii. He was bestowed with this award for his racial satirical novel ‘The Sellout’ at a ceremony held in London’s Guildhall.

3.28 OCTOBER OBSERVED AS NATIONAL AYURVEDA DAY
i. The first National Ayurveda Day was observed on 28 October on the occasion of Dhanwantari Jayanti.
ii. The theme for this year is ‘Ayurveda for Prevention and Control of Diabetes‘.
iii. Ayurveda is the traditional Hindu system of medicine based on the idea of balance in bodily systems and uses diet, herbal treatment, and yogic breathing. 

4. RBI ALLOWS STARTUPS TO RAISE $3 MILLION VIA ECBS ANNUALLY
i. The Reserve Bank of India  has permitted startups to raise external commercial borrowings  of up to $3 million in a financial year for three year tenure .
ii. The new rules issued by RBI aims at boosting innovation and promoting job creation in the country.
iii. It will apply to startups looking to raise foreign borrowings and restrictions on such funds will be kept minimum.
iv. External Commercial Borrowings  is any money borrowed from foreign sources for financing the commercial activities in India are called ECBs.


5. UNION CABINET APPROVES ESTABLISHMENT OF NATIONAL ACADEMIC DEPOSITORY
i. The Union Cabinet approved establishment and operationalisation of a National Academic Depository.
ii. Under it all academic degrees, certificates and awards in the country will be made digitally available for verification on single spot.
iii. Academic institutions will be directed to upload and authenticate all documents in digital form into the NAD system


CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

Q1.  WHICH CITY HOSTED A SEMINAR ON PREVENTION AND CONTROL OF DIABETES THROUGH AYURVEDA ON NATIONAL AYURVEDA DAY?
a) Chennai                                    b) Mumbai
c) Uttarakhand                            d) New Delhi
Q2.  NATIONAL AYURVEDA DAY IS OBSERVED ON?
a) 27 Oct                                       b) 28 Oct
c) 26 Oct                                       d) 29 Oct
Q3.  MITRA SHAKTI IS THE JOINT MILITARY EXERCISE BETWEEN INDIA AND WHICH COUNTRY?
a) Sri Lanka                                 b) Nepal
c) France                                      d) Russia
Q4.  THE RESERVE BANK OF INDIA HAS PERMITTED STARTUPS TO RAISE EXTERNAL COMMERCIAL BORROWINGS OF UP TO?
a) $5 million                                 b) $6 million
c) $3 million                                 d) $2 million
Q5.  THE UNION CABINET APPROVED ESTABLISHMENT AND OPERATIONALISATION OF A NAD. NAD STANDS FOR?
a) National Academic Depository        
b) National Academic Directory
c) National Academicb Derivative       
d) National Academic Diplomacy

ANSWERS:

1- D           2- B     3- A     4- C     5- A

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