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Saturday, November 5, 2016

DAILY CURRENT AFFAIRS: 2ND NOV 2016

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

1. BANKS TO REPORT FRAUDS OF RS 1 CRORE AND ABOVE TO CVC
i. Vigilance Commission has now made it mandatory for the public sector banks to report to it all such matters involving funds over Rs one crore.
ii. The Commission will also call regular monthly meetings of senior officials of Reserve Bank of India, CBI and banks to monitor probe in suspected bank frauds of Rs 50 crore and above.

2. FINANCE MINISTRY RELEASES RS 1,093 CRORE FOR RESTORATION OF INFRASTRUCTURE IN J&K
i. The finance ministry released first installment of special assistance of Rs 1,093.34 crore for repair and permanent restoration of damaged public buildings in J&K .
ii. The Prime Minister Reconstruction Plan for J&K was announced by Narendra Modi on November 7, 2015, for Rs 80,068 crore for post flood relief and restoration and long-term development of the state.

3. INDIA AND PALESTINE INKS MOU TO SETUP PALESTINE-INDO TECHNO PARK IN RAMALLAH
i. India and Palestine a MoU for setting up a Palestine-India Techno Park in Ramallah, Palestine.
ii. During the visit of President Pranab Mukherjee to Palestine in October last year, the announcement for setting up of park was made.
iii. The Palestinian side has made the land available for the project.


4. .INDIA BEAT PAKISTAN IN FINAL TO WIN ASIAN CHAMPIONS TROPHY
i. India celebrated Diwali by winning gold medal in the Men’s Asian Champions Trophy by beating arch-rivals Pakistan in Malaysia.
ii. This is the second time India have won the title of this tournament.

5.WORLD BANK APPOINTS KRISTALINA GEORGIEVA AS CHIEF EXECUTIVE
i. Kristalina Georgieva, a former head of EU humanitarian affairs and vice-president of the European commission, has been appointed chief executive of the World Bank.
ii. The title of CEO is newly created, Georgieva will effectively replace Sri Mulyani Indrawati, formerly the bank’s managing director and chief operating officer


CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

Q1. WHO IS THE CHIEF OF CHIEF VIGILANCE COMMISSION?
a. Y.V Reddy        
b. Arvind Panagriya       
c. Amitash Kant               
d. K.V Chowdary
Q2. WHO IS APPOINTED AS NEW CHIEF OF WORLD BANK?
a. John Key                      
b. Kristalina Georgieus  
c. Mulyani Indrawati      
d. James Mark
Q3. NAME THE CURRENCY OF PALESTINE?
a. Palestine Dinar           
b. Palestine Shekel         
c. Palestine Rubal           
d. Palestine Pound
Q4. HOW MANY COUNTRIES ARE MEMBER OF WORLD BANK?
a. 184                   
b. 193                  
c. 189                   
d. 168

ANSWERS:

1. D     2. B     3. D     4. C

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