Daily Current Affairs 23rd March 2016

DAILY CURRENT AFFAIRS: 23 MARCH 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. UNION CABINET APPROVED WORLD BANK’S $1500 MILLION SUPPORT TO SWACHH BHARAT MISSION GRAMIN

i.Union Cabinet  approved the 1500 million US dollar project of World Bank to support Swachh Bharat Mission  Gramin.

ii.It will provide the system for incentivisation of States under the Swachh Bharat Mission Gramin through World Bank credit.

iii.The incentivisation of the States will be done on the basis of their performance

iv.The performance of the States will be checked through certain performance indicators named as the Disbursement Linked Indicators on the basis of :

a.  Reduction in the prevalence of open defecation

b.  Sustaining Open Defecation Free  status in Villages:

c.  Increase in percentage of rural population served by improved Solid and Liquid Waste Management

2. ISRO ESTABLISHED GIRI RADAR SYSTEM AT TIRUPATI

i. The Indian Space Research Organisation established the Gadanki Ionospheric Radar Interferometer near Tirupati in Andhra Pradesh.

ii.It was set up at the National Atmospheric Research Laboratory  which is an autonomous research institute of the Department of Space.

iii. Its main objective is to study the forces from the sun like variation in solar flux, solar flare and magnetic storm on the ionospheric irregularities.

3. DIPP APPROVED 49% FDI UNDER AUTOMATIC ROUTE IN INSURANCE AND PENSION SECTOR

i. The Union Commerce and Industry Ministry has approved foreign direct investment upto 49% in insurance and pension sector will be under automatic route.

ii. FDI above 49% will be subject to approval of the Foreign Investment Promotion Board .

iii.Earlier only up to 26% FDI was permitted through the automatic approval route in insurance and pension sector..

4. RESOLUTION INTRODUCED IN US HOUSE TO BRING INDIA ON PAR WITH NATO ALLIES

i. A resolution aiming to bring India in America’s NATO allies in terms of Defence trade and technology transfer was introduced.

ii. The resolution seeks to formalize:

a. India’s status as a major partner of equal status as US’s NATO allies and closest partners

b.To elevate India’s status in export of defence articles from the US.

5. INDIA POST RELEASES COMMEMORATIVE STAMP ON HAL’S 75-YEAR OF SERVICE

i.India Post has released a commemorative stamp on Hindustan Aeronautical Limited  in recognition of the company’s 75 years of service to the nation.

ii. It is for the first time India Post has issued stamps named ‘My Stamp’ and HAL is the first organisation to feature on it.

iii. The tagline of the customized stamp is ‘HAL: The force behind the forces’

iv.Hindustan Aeronautical Limited is state owned aerospace and defence company based in Bangalore, Karnataka. 

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Daily Current Affairs 22nd March 2016

DAILY CURRENT AFFAIRS: 22 MARCH 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. INDIA ASSUMES BRICS CHAIRMANSHIP FROM RUSSIA FOR 2016

i. India has assumed BRICS Chairmanship from the Russian for the year 2016.

ii. BRICS is an association of five countries viz. Brazil, Russia, India, China and South Africa.

iii. India has assumed BRICS Chairmanship for second time.

IV.Earlier India hosted the BRICS Summit in 2012 for first time in New Dehli.

iv.India will host the 8^th  BRICS Summit  15^th  to 16^th  October 2016 in Goa.

2. MARCH 22 OBSERVED AS WORLD WATER DAY

i. Every year World Water Day is observed globally on 22^nd March.

ii.The day is observed to preserve and ration consumption of water.

iii.The theme of the day is “Better Water, Better Jobs”.

3. ASHOK LAHIRI COMMITTEE FORMED TO REVIEW EXCISE DUTY IMPOSED ON DIFFERENT JEWELLERY ARTICLES IN BUDGET 2016-17

i. The Union Ministry of Finance constituted Committee to review issues related to excise duty.

ii.The committee will be headed by former Chief Economic Advisor Dr Ashok Lahiri .

iii.It will review excise duty imposed on different jewellery articles in Budget 2016-17.

iv.In the Union Budget 2016-17, Finance Minister Arun Jaitley proposed the Central Excise duty at the rate of 1 percent  and 12.5 percent  on jewellery items.

v.It has  been strongly opposed by the All India Gems and Jewellery Trade Federation that it will hurt jewellery sector that employs millions of people.

4. INDIAN COAST GUARD SHIP ARNVESH COMMISSIONED AT VISAKHAPATNAM

i. The fast patrol vessel of the Indian Coast Guard Arnvesh was commissioned at Visakhapatnam Andhra Pradesh.

ii. The ship will undertake coastal patrol, surveillance at sea, anti-piracy operations, anti-smuggling and search and rescue operations.

5. HINDUJA BROTHERS TOPPED BRITAIN’S ASIAN RICH LIST 2016

i. The Hinduja Brothers G P Hinduja and S P Hinduja topped the Asian Rich List 2016.

ii.The Hinduja Brothers topped  in the list for the fourth consecutive year with an estimated  fortune of 16.5 billion pounds.

iii.Steel tycoon Lakshmi Niwas Mittal was ranked second in the list.

6. AKHILESH RANJAN COMMITTEE ON TAXATION OF E-COMMERCE SUBMITTED ITS REPORT TO UNION GOVERNMENT

i. A Committee on Taxation of e-commerce constituted by the Central Board of Direct Taxes to examine the business models for e-commerce submitted its report to the central government.

ii.The Report provides the views about the issues related to taxation of e-commerce.

7. WRESTLER HARDEEP SINGH WON SILVER MEDAL IN ASIAN OLYMPIC QUALIFICATION TOURNAMENT

i. Indian wrestler Hardeep Singh won silver medal in the Asian Olympic Qualification Tournament held in Astana, Kazakhstan.

ii.Now he qualified for participation in the Rio Olympics 2016 .

iii.Earlier Yogeshwra Dutt and Narsingh Yadav qualified for the Olympics in men's freestyle category.

8. GOVT ALLOWS 49% FDI IN INSURANCE UNDER AUTOMATIC ROUTE

i. The government of India has relaxed FDI norms for the insurance sector by permitting overseas companies to buy 49 percent stake in domestic insurers under automatic rule.

ii.It is an  effort to bring more foreign companies into India’s  insurance market.

iii. Earlier foreign companies are allowed to buy up to 26% stake in an India and above 26% the investor had to take approval from the Foreign Investment Promotion Board.

                                  

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QUANT QUIZ-18 BASED ON PROFIT AND LOSS

QUANT QUIZ-18 BASED ON

PROFIT AND LOSS

1. A vendor buys oranges @ Rs 2 for 3 and sells them at a rupee each. To make a profit of Rs 10 he must sell :

a. 10 oranges            

b. 20 oranges            

c. 30 oranges            

d. 40 oranges

2. A retailer buys 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchased of 20 kg tea. Now he sell the tea at the marked price to a customer. What is profit of retailer.

a. 30%                        

b. 12%                        

c. 16.66%         

d. none of these

3. The profit percentage on the 3 articles A,B,C is 10%, 20%, 25% and the ratio of the cost price is 1:2:4. Also the ratio of numbers of articles sold of A,B,C is 2:5:2,then overall profit percentage:

a. 18.5                         

b. 21                   

c. 75                   

d. none of these

4. The cost price of an article ‘Z’ is Rs 1600 and selling price of another article ‘Y’ is 2400 .If the SP of A will be equal to CP of ‘Y’, then the profit after selling Z is 20%. What is profit of Y.

a. 16.66%                   

b.33.33%          

c. 25%                         

d. none of these

5. A shopkeeper procures 40 books for Rs 3200 and sell them at a profit equal to selling price of 8 books. What is the SP of one dozen books:

a. 720                          

b. 960                          

c. 1200                        

d. 1440

6. The profit percentage of two persons is 20% on selling the article at Rs 1800 each but first person calculate on selling price and second on cost price. What is the difference of their profit:

a. 360                          

b. 60                   

c. 540                          

d. 450

7. A trader sold an article at a loss of 5% but when he increased the selling price by 65 he gained 3.33% on the cost price. If he sells the same article at Rs 936.What is the profit percentage.

a. 15%                        

b. 16.66%                  

c. 20%                         

d. none of these

8. Munish markup the price of sweets by 30% and he sold only 20% of these at this price. He sells half of the rest at 16.66% discount and rest at 20% discount. What is the net profit of Munish:

a. 23.5%                     

b. 33.33%                  

c. 11%                         

d. 16.66%

9. Fresh fruits contain 80% water and dry fruits contains 25% of water. A person sells 20 kg dry fruits by add water to the dry fruit and rest at C.P. What is the total profit percentage increased in the proportion of water in fresh fruits:

a. 275%                      

b. 200%            

c. 80%                         

d. 125%

10. A trader marks up his good by 80% and gives discount of 25% .Besides it he weight 10% less amount while selling his goods what is net profit of trader:

a. 50%                        

b. 35%                        

c. 45%                         

d. 55%

ANSWERS

1.C, 2.C, 3.B, 4.C, 5.C, 6.B, 7.C, 8.C, 9.A, 10.A,

For Full Explanation Of Each Question CLICKHERE

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REASONING QUIZ–17 BASED ON SYMBOPERATIONS

REASONING QUIZ–17 BASED ON

SYMBOPERATIONS

Directions (1-5) : In these questions, a relationship between different elements is shown in the statements. The statements are followed by two conclusions. Give answer.

If only conclusion I is true

If only conclusion II is true

If either conclusion I or II is true

If neither conclusion I nor II is true

If both conclusion I and II are true

1. Statements: P>_T=Q<N,C>M>_T        

Conclusions:

I. P >_C   

II. Q <_M    M

2. Statements :  L<_R>T ,P>S =T            

Conclusions:

I. L_< S

 II. R< P  

3. Statements :  A=B>_C<D,B<_E<_K      

Conclusions:

I. E > C                       

II. B < K

4. Statements :  R>_S>_P>L;P>T>_M<D

Conclusions:

I. R>_T            

II. M > P

5. Statements: K=J>_N       <W,N>_T

 Conclusions:           

I. K>_T

II. W = T

Directions (6-10): In these questions, a relationship between different elements is shown in the statements. The statements are followed by two conclusions. Study the conclusions based on the given statements and select the appropriate answer:

6. Statements: B>E>_A<L;T>A>S

Conclusions:

I. T > B                      

II. L >T

If only conclusion II is true

If either conclusion I or II is true

If neither conclusion I nor II is true

If both conclusion I and II are true

If only conclusion I is true

7. Statements: L=L>_N <E;N>_S  

Conclusions:

I. S < E                       

II. E > L

If either conclusion I or II is true

If neither conclusion I nor II is true

If only conclusion II is true

If both conclusion I and II are true

If only conclusion I is true

8. Statements:   V<E>B=H>_N;B<_T       

Conclusions:

I. T > V                      

II. N<_T

If either conclusion I or II is true

If only conclusion II is true

If neither conclusion I nor II is true

If only conclusion I is true

If both conclusion I and II are true

9. Statements: L=I>_N<E;N>_S    

Conclusions:            

I. S = L                       

II. L > S

If only conclusion II is true

If either conclusion I or II is true

If both conclusion I and II are true

If neither conclusion I nor II is true

If only conclusion I is true

10. Statements:   B>E>_A<L;T>_A>S

Conclusions:         

I.   B > S         

II.  L > S

If only conclusion II is true

If both conclusion I and II are true

If neither conclusion I nor II is true

If either conclusion I or II is true

If only conclusion I is true

ANSWERS

1.B,2.A,3.E,4.C,5.A,6.D,7.E,8.B,9.B,10.B,

For Full Explanation Of Each Question CLICK HERE

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Daily Current Affairs 21st March 2016

DAILY CURRENT AFFAIRS: 21 MARCH 2016

(Daily News India)

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1. 21 MARCH OBSERED AS INTERNATIONAL DAY OF FORESTS

i. 21st March is  observed as International Day of Forests in all over the  world.

ii.The day is observed to raise awareness about the importance of all types of forests and of trees outside forests.

iii.Theme of the day  2016 is “Forests and water”.

2. HS PRANNOY WINS 2016 SWISS OPEN GRAND PRIX GOLD BADMINTON TITLE

i. Ace Indian shuttler HS Prannoy has grabbed 2016 Swiss Open Grand Prix Gold badminton tournament in the men’s single category.

ii.He defeated Marc Zwiebler of Germany  to won the title Basel, Switzerland

iii.In Women’s Single it was won by He Bingjiao from China after defeating Wang Yihan

iv.Men’s Doubles is won by Denmark pair of Kim Astrup and Anders Skaarup Rasmussen after defeating Chinese Taipei pair of Lee Sheng-mu and Tsai Chia-hsin.

v. Women’s Doubles is won by Japanese pair of Shizuka Matsuo and Mami Naito after defeating Japanese pair of Naoko Fukuman and Kurumi Yonao .

 3. YOGESHWAR DUTT GRABBED THE GOLD MEDAL IN ASIAN OLYMPIC QUALIFICATION TOURNAMENT

i.Indian grappler Yogeshwar Dutt has grabbed a Gold medal in the Asian Olympic Qualification tournament in the 65 kg freestyle category.

ii.In the final match he defeated Katai Yeerlanbieke from China in the 65 kg freestyle category held at Astana in Kazakhstan.

iii.After this victory he secured an Olympic quota place for India in 2016 Rio Olympic games.

4. EARTH HOUR 2016 OBSERVED ACROSS THE WORLD ON 19 MARCH 2016

i. The tenth edition of World Wide Fund for Nature’s   Earth Hour was observed across the World on 19 March 2016 from 8:30 pm to 9:30 pm local time.

ii.Earth Hour 2016 encouraged people to explore and adopt a cleaner and more sustainable lifestyle by embracing renewable energy solutions.

iii. In the 2016  Earth Hour millions of people around the world took part in the event for the global climate change awareness campaign.

iv.More than 178 countries and territories participated in the event .

5. INDIAN AIR FORCE SUCCESSFULLY CONDUCTED EXERCISE IRON FIST IN POKHRAN

i. The Indian Air Force successfully conducted Exercise Iron Fist in Pokhran, Rajasthan.

ii.The day and night exercise was aimed at demonstrating IAF’s combat and fire power about its commitment and capabilities in safeguarding the national interests.

AIR CHIEF MARSHAL: ARUP RAHA

6. PRIME MINISTER NARENDRA MODI LAUNCHED KISAN SUVIDHA MOBILE APP

i. Prime Minister Narendra Modi launched Kisan Suvidha mobile application for farmers.

ii.It will provide information on subjects such as weather, seeds,market prices, pesticides, fertilizers, and agriculture machinery.

iii.Kisaan Suvidha is mobile app developed to help farmers by providing relevant information to them quickly.

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