DAILY CURRENT
AFFAIRS: 5th OCT 2016
(Daily News India)
1. UNION GOVERNMENT LAUNCHES INDIAN BRIDGE MANAGEMENT SYSTEM
i.The Union Ministry of Road Transport and Highways has launched
the Indian Bridge Management System .
ii. It is launched to ensure safety of bridges in the country.
iii.It is being developed to create an inventory of all bridges in
country and rate structural condition of the bridges.
iv.The rating will help for their timely repair and carrying
rehabilitation work based on the criticality of the structure.
2. AADHAAR CARD MUST FOR LPG SUBSIDY AFTER NOVEMBER 2016
i.The Union Government has made Aadhaar card mandatory for
availing cooking gas subsidies after
November 2016.
ii.The government gives 12 LPG cylinders at subsidised rates per
household in a year.
iii.The subsidy on every LPG cylinder is transferred directly into
bank accounts of individuals who then buy the cooking fuel at market rates.
iv.Aadhaar is a 12-digit unique number which acts as a proof of
identity and address anywhere in the country and it is considered as the
world’s largest national identification project.
3. RBI CUTS REPO RATE BY 25 BPS IN 4TH BI-MONTHLY MONETARY
POLICY STATEMENT
i.The Reserve Bank of India
in its fourth bi-monthly monetary policy review for year 2016-17 has cut
the repo rate by 25 basis points to 6.25%.
ii.This monetary policy decision was taken by the newly constituted
Monetary Policy Committee.
iii. Policy Rates under new monetary [policy
a. Repo rate Reduced by 0.25 basis points to
6.25 percent.
b. Reverse repo rate adjusted to 5.75 per
cent.
c. Marginal standing facility and Bank Rate
to 6.75 per cent.
d. Cash Reserve Ratio changed at 4.0 per cent
e. Statutory Liquidity Ratio to20.75 per
cent.
4. BRITISH TRIO DAVID THOULESS, F DUNCAN M HALDANE AND MICHAEL
KOSTERLITZ WIN 2016 NOBEL PRIZE IN PHYSICS
i.British trio of physicists David Thouless, F Duncan M Haldane
and Michael Kosterlitz have won the 2016 Nobel Prize in Physics.
ii. They are honoured for their individual researches on
theoretical discoveries of topological phase transitions and topological phases
of matter.
iii. The research work on Topology is a branch of mathematics
involving step-wise changes like making a series of holes in an object.
5. SBI BECOMES FIRST DOMESTIC BANK TO OPEN BRANCH IN YANGON,
MYANMAR
i.State Bank of India has
announced the opening up its foreign branch in Yangon, the capital city of
Myanmar.
ii. SBI became the first domestic bank of India to open a branch
in Myanmar.
6. JAPAN’S YOSHINORI OHSUMI WINS 2016 NOBEL PRIZE IN MEDICINE
i.Yoshinori Ohsumi of Japan
has won the 2016 Nobel Prize for physiology or Medicine for his pioneering work
on autophagy.
ii. Autophagy is a process whereby cells “eat themselves”
iii. It is a fundamental process in cell physiology dealing with
how the body breaks down and recycles cellular components.
CURRENT
AFFAIRS GK QUIZ BASED ON TODAY’S NEWS
1. NAME THE PRESENT UNION MINISTER OF ROAD & TRANSPORT?
a. Manohar Parrikar
b. Nitin Gadkari
c. Suresh Prabhu
d. None of these
2. HOW MANY NUMERALS ARE USED TO FORM AADHAR CARD NUMBER?
a. 12
b. 11
c. 9
d. 10
3. IN THE 4TH BI-MONTHLY MONETARY POLICY REVIEW, REPO
RATE IS REDUCED BY HOW MANY POINTS?
a. 0.35
b. 0.20
c. 0.25
d. 0.40
5. WHICH NATION TRIO HAS RECEIVED THE 2016 NOBEL PRIZE IN
PHYSICS?
a. Japan
b. Britain
c. USA
d. Russia
6. NAME THE BANK WHICH HAS BECOME 1ST DOMESTIC BANK
TO OPEN A BRANCH IN YANGOON, MAYANMAR?
a.Punjab National Bank
b. ICICI
c.State Bank of India
d.Canara Bank
ANSWER KEY
1. B
2. A
3. C
4. D
5. B
6. C
