DAILY FREE CURRENT AFFAIRS 1 ,2 MARCH 2015

DAILY CURRENT AFFAIRS 1-2 MARCH 2015

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1) NATIONAL SCIENCE DAY:

Ø  Indian National Science Day was observed on 28^th February.

Ø  This day is remarked by the discovery of the “RAMAN EFFECT”.

Ø  Indian Physicist ‘Sir Chandrasekhra Venkata Raman’ discovered Raman Effect on 28^th February 1928.

Ø  Sir Chandrasekhara Venkata Raman was awarded the Nobel Prize in Physics in 1930.

Note: Raman Effect is related to Spectrum of light.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS:

1.     When is National Science Day observed?

a.       25^th Feb

b.      5^th March

c.       28^th Feb

d.      9^th March

2)   AMITAVA ROY SWORN IN AS NEW SUPREME COURT JUDGE:

Ø  Justice Amitava Roy was sworn in as the new Supreme Court Judge, for a tenure of 3 years.

Ø  Amitava Roy was Chief Justice of the Odisha High Court.

Ø  With Amitava Roy , as the new Judge of the Supreme Court, the strength  of the apex court has gone up to 29 against a sanctioned strength of 31 judges.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS:

1.     Amitava Roy was Chief Justice of which state High Court?

a.       Punjab and Haryana High court

b.      Odisha High Court

c.       Kerala High court

d.      Jammu and Kashmir high Court

3)   MUFTI MOHAMMED SAYEED SWORN IN AS THE NEW CHIEF MINISTER OF J & K:

Ø  Mufti Mohammed Sayeed takes oath as the new Chief minister of Jammu & Kashmir.

Ø  With Mufti Mohammed Sayeed taking oath as the new CM of J&K, it brings an end to the 49 days Governor rule in the state.

Ø  Mufti Mohammed Sayeed is the veteran leader of PDP (People’s Democratic Party).

Ø  PDP and BJP made coalition Government in J&K.

Ø  Nirmal Singh of the BJP will be the Deputy Chief Minister of the State.

       Note: Narender Nath Vohra is the Governor of J&K.         

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS:

1.     Who became the CM of J&K?

a.       Omar Abdullah

b.      Nirmal Singh

c.       Jayant Sharma

d.      Mufti Mohammed Sayeed

4)   MONTH LONG TROPEX EXERCISE CONCLUDED:

Ø  A month Tropex exercise of Indian Navy concluded on 27^th February.

Ø  The exercise was aimed at validating the Indian Navy’s concept of operations and the area of operations spanned across the Arabian sea and Northern Indian Ocean.

TROPEX: Theatre Level Readiness and Operational Exercis.

Key facts to remember:

Ø  Around 50 ships and submarines, along with 70 aircrafts from the three Naval commands participated.

Ø  Indian Navy had deployed two carrier Task Forces simultaneously at sea.

Ø  Both INS Viraat and INS Vikramaditya participated.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS

1.     Which month long Navy exercise concluded recently?

a.       TROPEX

b.      VALIANT SHIELD

c.       RIMPAC

d.      VARVNA

5)   2015 WILL BE HONOURED AS THE YEAR OF ACTIVE PHARMACEUTICAL INGREDIENTS:

Ø  Union Minister of Chemical and Fertilizers declared the year 2015 as the year of Active pharmaceutical Ingredients.

Ø  Ananth Kumar, is the Union Minister of Chemical and Fertilizers.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS

1.     Who is the Union Minister of Chemical And Fertilizers?

a.       Anand Sharma

b.      Najma Heptulla

c.       Ananth Kumar

d.      Kalraj Mishra

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DAILY FREE CURRENT AFFAIRS 28 FEBRUARY 2015

DAILY CURRENT AFFAIRS 28 FEBRUARY 2015

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NATIONAL

1) SIDBI GETS NEW CMD:

Ø  KshatrapatiShivaji becomes the new CMD of SIDBI.

Ø  KshatrapatiShivaji is a 1986 batch IAS officer and is currently Principal Secretary (expenditure), finance Department in Maharashtra government.

Ø  KshatrapatiShivaji is appointed on deputation basis for a period of 3 years, replacing sushilMuhnot.

Ø  CMD – Chairman and Managing Director

Ø  SIDBI- Small Industrial Development Bank of India

Note: SIDBI has its Headquarter in Lucknow.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS

1.        Who is the CMD of SIDBI?

a.          SushilMuhnot

b.         KshatrapatiShivaji

c.          N.K.Maini

d.         Arundati Bhattacharya

2.        Headquarter of SIDBI is located at?

a.          Lucknow

b.         Mumbai

c.          New Delhi

d.         Kolkata

2) TATA MOTORS TO PROVIDE VRS FOR ITS WORKERS

Ø  Tata Motors has announced to provide VRS (Voluntary Retirement Scheme) for its workers across India.

Ø  Currently there are a total of about 16,000 workers on roll in the company.

Ø  VRS by Tata Motors for workmen across its plants and managerial staff aged above 40 as part of a drive to improve competitiveness and cut costs.

Note: Tata Motors is the  country’s largest automobile company by Revenues.

3)   AB DEVILLIERS MARKS NEW WORLD RECORD:

Ø  Yet another new world record is made in the ongoing ICC World Cricket Cup-2015, this time by AB Devilliersof South Africa.

Ø  AB Devilliers smashed the fastest ever 150 runs in an ODI Match in just 64 deliveries.

Ø  AB Devilliers brilliant show of 162 not out from 66 balls helped South Africa to score a massive victory by 257 runs over West Indies in Sydney Cricket Ground.

Note: India is the only team to win a World cup at home in 2011.

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ECONOMIC SURVEY OF THIS YEAR UNDER UNION BUDGET 2015

                                                “ECONOMIC SURVEY”

ECONOMIC SURVEY IS PRESENTED IN THE PARLIAMENT BY THE FINANCE MINISTER EVERY YEAR, JUST A DAY BEFORE THE UNION BUDGET.

Economic survey reviews the development in the Indian economy over the previous 12 months. The draft of the survey is prepared by the department of economic affairs and cleared by chief economic advisor and the secretary economic affairs. Economic survey also gives an indefinite image of the budget to be presented in the parliament.

Chief economic adviser, Arvind Subramanianprepared the economic survey for the year 2015 and presented it in LokSabha.

MAIN HIGHLIGHTS OF THE ECONOMIC SURVEY 2015WHICH TARGETED GROWTH AT MORE THAN 8 %GROWTH FOR NEXT YEAR ARE:-

A.     It states that double digiteconomic growth is now a possibility.

B.     Average WPI inflation declines to 3.4% in 2014-15 in comparison to 6% previous year.

C.      Economic survey states that in order to ensure food security, we need to improve productivity in the agricultural sector.

D.     Current Account Deficit may fall to 1% of GDP in the coming year from the previous 6.7%.

E.      Government will adhere to fiscal deficit target of 4.1% of GDP in 2014-15.

F.      Shift expenditure from consumption, by reducing subsidies, to investment.

NOTE:Chief Economic Adviser, ARVIND SUBRAMANIAN stated that INDIA is still a recovering economy not a surging economy.

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RAILWAYS BUDGET 2015 (ALL IMPORTANT FACTS WHICH YOU SHOULD KNOW)

GURU GYAN

RAILWAY BUDGET-2015

ALL ABOUT RAILWAY BUDGET:

Ø RAILWAY BUDGET is the annual Financial Statement of INDIAN RAILWAY, presented every year by the Union Railway Minister in the Lower House i.e. LOK SABHA just a couple of Days before the Union budget of India.

HISTORY:

Ø Railway Finances were separated from general Government finances on the recommendation of “Acworth Committee”, headed by William Acworth in 1920-21. Railway finances were first separated in 1924.

IMPORTANT FACTS:

Ø First live telecast of Railway Budget took place on 24^th March 1994 by  Lalu Prasad Yadav.

Ø Mamta Banerjee was the first woman Railway Minister of India.

Ø First bullet train was announced in 2014 by D.V. Sadananda Gowda.

Notes: - Railway budget is presented separately because Indian Railway is among the World’s largest employers with 1.3 million employees. India has the fourth-longest route Network after the U.S.A., Russia and China.

Ø Railway Minister Suresh Prabhu, with the Minister of state for Railway Manoj Sinha Presented his maiden Railway Budget in the Lok Sabha.

HIGHLIGHT OF THE RAILWAY BUDGET 2015:-

Ø Setting up of ‘KAYAKALP’ to help in Technology upgradation.

Ø Planned budget for 2015-16 is 1, 00,011 crores.

Ø Train protection warning system and anti colliding system to be developed by RDSO.

Ø Automatic freight scheme to be launched in pan India.

Ø Increment in speed of 9 trains from 110 km/hr. to 160 km/hr and 130 km/hr to 200 km/hr.

Ø Investment plan for next 5 years by the government is of 8.5 Lakh crore rupees.

Ø No increment in rail fare.

Ø Increase track length by 20% and passenger carrying Capacity from 21 to 30 Million.

Ø Private agencies to be roped in for cleanliness drive.

Ø Free Wi-Fi facility to ‘B’ class stations under the Scheme of Digital India.

Ø Facilities of self operated lockers at stations & mobile phone charging facilities in general class.

Ø Surveillance cameras in selected watches and ladies compartments for women’s safety without compromising on privacy.

Ø Unreserved ticket purchase made simple through smart phones; Debit cards.

Ø Bio toilets in trains.

Ø Mumbai-Ahmadabad bullet train project is in last stage.

Ø No new train is introduced in the railway budget-2015. Main idea was to focus on executing past measures.

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