DAILY CURRENT AFFAIRS: 16TH DEC 2016

DAILY CURRENT AFFAIRS: 16^TH DEC 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. PM MODI 9TH MOST POWERFUL PERSON REPORT BY FORBES

i. Prime minister Narendra Modi has ranked 9th on the Forbes list of 74 of the World's Most Powerful People.

ii. The list has topped by Russian President Vladimir Putin for a fourth straight year and had US President-elect Donald Trump in the second place.

iii. Barack Obama is at 48th spot.

2. 'BREXIT' AND 'GET YOUR FREAK ON' ADDED TO OXFORD DICTIONARY

i. 'Brexit' and 'Grexit' (hypothetical withdrawal of Greece from the EU) are among the 1,500 new words and phrases added to the Oxford English Dictionary.

ii. 'Get your freak on' (sexual activity, especially unconventional) and 'glam-ma' (glamorous grandmother) have also been added. 'Bomb', a surfing term for large wave, and 'Bama', popularised by Beyoncé in Formation, are among the additions.

3. PAYTM LAUNCHES ‘EACH ONE, TEACH ONE’ TO INCREASE DIGITAL INCLUSION

i. Paytm has announced a program to increase the digital inclusion in the country where in it is calling upon consumers and merchants across India to teach others on how to use Paytm to pay and accept money.

ii. The campaign is aimed at transforming user behaviour and further accelerating the country’s ongoing shift from cash to digital payments.

4. RIO GETS UNESCO WORLD HERITAGE STATUS

i. The Marvelous City or Rio de Janeiro officially has entered into the UN’s list of world heritage sites while UNESCO status was announced in 2012 in recognition of its soaring granite cliffs, urban rainforest and beaches.

ii. The UN cultural body, UNESCO given this status to Rio to highlighted the “extraordinary fusion” of man-made and natural beauty.

5. GOVT ANNOUNCES LUCKY GRAAHAK YOJANA FROM CHRISTMAS

i. The Government has announced to launch a 'Lucky Graahak Yojana' and 'Digi Dhan Yojana' to encourage digital payments.

ii. Schemes will begin from 25th Dec till April 14, 2017.

iii. 7,000 weekly awards and a maximum award of Rs 50,000 each for merchants will be awarded under Digi Dhan Vyapari Yojna.

6. SOCHI, RUSSIA WON’T HOST 2017 BOBSLEIGH AND SKELETON WORLD CHAMPIONSHIPS

i. The International Bobsleigh and Skeleton Federation  has announced that Russia will not host the 2017 Bobsleigh and Skeleton World Championships.

ii. The reason cited by IBSF for this was that Russia is accused of state-sponsored doping and IBSF wants to focus on sport rather than accusations.

7. WORLD BANK DECLARES PAUSE TO PROTECT INDUS WATERS TREATY

i. The World Bank Group has halted the two concurrent processes initiated by India and Pakistan under the Indus Water Treaty.

ii. The Bank initiated this move in order to protect the treaty.

iii. A communication in this regard was sent by the World Bank Group President Jim Yong Kim to finance ministers of both the countries.

8. ‘COURTS OF INDIA – PAST TO PRESENT’ BY SUPREME COURT OF INDIA – BAR & BENCH

i. The book titled ‘Courts of India – Past to Present’ released by the Supreme Court of India.

ii. The book is a comprehensive history of courts and judicial system in India.

iii. It was authored by the Editorial Board comprises members of both the Bench and the Bar.