DAILY CURRENT AFFAIRS: 6 APRIL 2016

DAILY CURRENT AFFAIRS: 6 APRIL 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. INTERNATIONAL DAY OF SPORT FOR DEVELOPMENT AND PEACE 2016 OBSERVED

i. The International Day of Sport for Development and Peace 2016 was observed on 6 April 2016.

ii. A campaigning is launched named let’s play for Sustainable Development Goals.

iii. International Day of Sport for Development and Peace observed on  April 6 to mark the opening of the first modern Olympic Games in Athens in 1896.

2. UNION MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP LAUNCHED TRANSNATIONAL SKILL STANDARDS

i. The Union Minister of State for Skill Development and Entrepreneurship Rajeev Pratap Rudy 2016 launched Transnational Skill Standards in New Delhi.

ii. The Memorandums of Understanding were signed between National Skill Development Council and Association of Colleges of Uk to increase employer engagement and investment in skills in India.

iii. The main aim is to support Make in India and Skill India initiatives.

iv. The training will be provided in several economic activities including agriculture, life science, healthcare, capital goods, textiles, hospitality, information technology, etc.

v. The Transnational Skill Standards will support international mobility of Indian workforce.

3. PRIME MINISTER NARENDRA MODI LAUNCHED STAND UP INDIA SCHEME

i. The Prime Minister Narendra Modi started Stand Up India Scheme to promote entrepreneurship among Scheduled Caste/Scheduled Tribes and Women entrepreneurs.

ii. Pm also inaugurated a Kaushal Kendra known as Skilling Center under Pradhan Mantri Mudra Yojna in Noida.

iii. The Scheme will facilitate at least two projects per bank branch for each category of entrepreneur.

iv. It will provider refinance through Small Industries Development Bank of India with an initial amount of 10000 crore rupees.

4. VISHWANATHAN ANAND TO BE HONOURED WITH HRIDAYNATH MANGESHKAR AWARD

i. Five time world chess champion Vishwanathan Anand will be honoured with the Hridaynath Mangeshkar Award.

ii. Vishwanathan Anand is an Indian chess grandmaster and a former world champion.

iii. Hridaynath Mangeshkar Award started  in 2011 by Mumbai in the honour of music composer and singer Hridaynath Mangeskar.

5. BIHAR GOVERNMENT IMPOSES COMPLETE BAN ON ALCOHOL

i. Bihar Government has imposed completely ban on all types of liquor in the state.

ii. Earlier state government had partially banned country made liquor in the state

iii. Person found indulging in manufacturing trade, transportation, sale and consumption of liquor across the state will be punished under the stringent provisions of the Bihar Excise Act, 2016.

6. DCB BANK LAUNCHES INDIA’S FIRST AADHAAR-BASED ATM

i. DCB Bank has launched an India’s first  Aadhaar-based Automatic Teller Machine usage facility.

ii. This ATM has been placed at Peninsula Business Park in Mumbai.

iii. DCB customers can transact using his biometric details instead of the PIN.

iv. It is a cardless and PIN less ATM.

7. RBI CUTS REPO RATE BY 25 BASIS POINTS TO 6.5%

i. The Reserve Bank of India has cut down repo rate by 25 basis points to 6.5 per cent from 6.75 per cent.

ii. It was announced in the first bi-monthly monetary policy of the RBI for the 2016-17 fiscal.

iii. It is the rate at which RBI lends to the banks.

iv. RBI has unchanged CRR and kept it at 4.0 per cent. of

v. RBI has adjusted reverse repo rate under the LAF to 6 per cent.

vi. Reverse repo rate is the rate at which banks can keep excess funds with the RBI.