DAILY CURRENT AFFAIRS: 8TH NOV 2016

DAILY CURRENT AFFAIRS: 8^TH NOV 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. 128^TH ANNIVERSARY OF SIR CV RAMAN BEING CELEBRATED ON 7^TH NOVEMBER.

i. The 128th anniversary of Nobel laureate Bharat Ratna Sir CV Raman is being celebrated on 7^th November.

ii. He was born on November 7, 1888 at Thiruvanaikaval in Tiruchirapalli Tamil Nadu.

iii.Sir CV Raman  won the Nobel prize in Physics 1930 for his  discovery -Raman effect - the scattering of light which makes the sea and clear sky look blue.

2. FIRST S4A DEBT RECAST GETS APPROVAL

i. Construction major Hindustan Construction Company became India’s first firm to get debt recast under RBI’s new Scheme for Sustainable Structuring of Stressed Assets .

ii. The S4A has approved HCC’s Rs. 5,000-crore debt recast passed by an ICICI Bank-led joint lender forum in September 2016.

iii. Under this debt recast of HCC 52% of the debt was found to be sustainable and can be serviced as per original terms and conditions, including about interest rate and tenure.

3. GOOGLE CAPITAL CHANGES ITS NAME TO 'CAPITALG'

i. Google Capital, the search giant's venture arm that invests in growth-stage companies, has changed its name to 'CapitalG'.

ii. The old GoogleCapital.com domain now forwards to CapitalG.com, and Google Capital's Twitter account has announced that it’s being retired in favour of a new @CapitalGTweets account.

iii. CapitalG’s new site confirms a previously unmentioned detail that it has invested in Snapchat.

4. RBI APPOINTS M RAJESHWAR RAO AS EXECUTIVE DIRECTOR

i. The Reserve Bank has appointed M Rajeshwar Rao as Executive Director following G Mahalingam’s voluntary retirement from the central bank.

ii. As Executive Director, Rao will look after Department of Statistics and Information Management, Financial markets Operations Department and International Department.

5. BJP'S AVINASH KHANNA ALL SET TO BE APPOINTED NHRC MEMBER

i. BJP Vice President Avinash Rai Khanna is going to be appointed as a member of National Human Rights Commission .

ii. The Rights Commission of India is an autonomous public body constituted on 12 October 1993 under the Protection of Human Rights Ordinance of 28 September 1993.

6. INDIA RISES TO SECOND PLACE IN GLOBAL BUSINESS OPTIMISM INDEX

i. The latest Grant Thornton International Business Report for the July-September quarter has placed India 2nd on the global scale for business optimism.

ii. During the April-June 2016 period, India was ranked at the third position after being on top for two consecutive quarters.

iii.Indonesia topped the rank.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

Q1.  THE 128TH ANNIVERSARY OF NOBEL LAUREATE BHARAT RATNA SIR CV RAMAN IS BEING CELEBRATED ON?

a) 4 november                    

b) 5 november        

c) 2 november                                

d) 7 november        

Q2.  WHICH COMPANY BECAME INDIA’S FIRST FIRM TO GET DEBT RECAST UNDER RBI’S NEW SCHEME FOR SUSTAINABLE STRUCTURING OF STRESSED ASSETS?

a) Consolidated Construction Consortium                                  

b) Hindustan Construction Company 

c) C & C Constructions                   

d) Garnet Construction

Q3.  GOOGLE CAPITAL HAS CHANGED ITS NAME TO?

a) CapitalG   

b) CapitalGT

c) GCapital                           

d) GTCapital

Q4.  WHO IS APPOINTED AS THE EXECUTIVE DIRECTOR OF RBI?

a) Harshavardhan Neotia                          

b) G Mahalingam

c) M Rajeshwar Rao                       

d) N. Ramachandran

Q5. WHAT IS INDIA’S RANK ON THE INTERNATIONAL BUSINESS REPORT?

a) 2^nd

b) 1^st

c) 3^rd

d) 4^th

ANSWER:-

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