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Saturday, February 7, 2015

DAILY CURRENT AFFAIRS 7 FEBRUARY 2015

DAILY CURRENT AFFAIRS-7 FEBRUARY 2015
Shared By: WWW.DailyGk.IN
1) BAL CHANDRA NAMADE WINS JNANPITH AWARD
Ø  Eminent Marathi Litterateur Balchandra Namade wins the Jnanpith award for 2014.
Ø  He has written many famous novels from ‘Kosala’ , 1963 to his recent magnum opus ‘ Hindu’.
Ø  Namade is the fourth Marathi to win the award. He has also been honored with Padma Shri and won Sahitya Akadmi award in the past.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Who won the Jnanpith Award for 2014
a.          V.S.Khandekar
b.         V.V. Shirwadkar
c.          Vinda Krandikar
d.         Balchandra Namade
2.        Which among the following awards is not been conferred by Balchandra Namade.
a.          Padma Shri
b.         Jnanpith Award
c.          Padma Bhusan
d.         Shitya Akademi Award

2) NITI AAYOG’S FIRST MEETING HELD IN NEW DELHI
Ø  First ever meeting of NITI Aayog took place in new Delhi on Friday under Chairmanship of PM Narendra Modi.
Ø  Meeting was attended by Finance Minister Arun Jaitley and experts such as Mukesh Bhutani, Nitin Desai, Parthasarathi Shome, Rajiv Lall, Swaminathan Aiyer, Vijay Kelkar, V Reddy and others.
Ø  Attention to the need for a renewed focus on India’s high-cost, low productivity farm sector and manufacturing sector.

3)   ED ISSUES NOTICE TO SAHARA ON FEMA VIOLATION
Ø  ED issues Rs 3,600 crore FEMA notice for an illegal violations of foreign exchange rules involving an overseas Direct Investment.
Ø  The direct investment outside India is allowed either through the Automatic route, where the investor doesn’t require prior approval from the RBI but has to adhere to certain conditions or the approval route, which requires permission from the RBI.
Ø  ED-Enforcement Directorate.
Ø  FEMA- Foreign Exchange Management Act.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Which of the following Group recently violated FEMA’s regulations
a.          Reliance
b.         Sahara
c.          Tata
d.         Adani

4)   BENGALURU, CHENNAI, SURAT AMONG ‘100 RESILIENT CITIES’
Ø  Bengaluru, Chennai and Surat are the 3 cities from India which are chosen besides  67 cities from the Globe for ‘100 Resilient cities’.
Ø  Rock feller Foundation had announced the 100 Reliant cities project with a $ 100 million commitment to build resilience worldwide.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Which among the following cities is not among 100 Resilient cities
a.          Bengaluru
b.         New Delhi
c.          Surat
d.         Chennai

5)     FOREX RESERVES TO RECORD HIGH
Ø  FII Inflows Push Forex Reserves to a new high of $ 327.88 billion.
Ø  After 2014 Elections, foreign funds pumped dollars into Indian equities on the hopes of big-bang economic reforms.
Ø  It is for the first time that the forex kitty has crossed $ 320 billion.

6)   DIPA KARMAKAR WINS 4  GOLD
Ø  Dipa Karmakar of Tripura won 4 Gold Medals at 35th National Games.
Ø  Dipa Karmakar won Gold in Gymnastic events which includes vault, parallel bars, balance beam and Floor.

7)  US ADVISORY COMMITTEE FOR TRADE POLICY APPOINTS AJAYPAL SINGH BANGA
Ø  Ajay pal Singh Banga, an Indian-American is appointed as the new member to the Advisory Committee for Trade policy and Negotiations.
Ø  Currently, he is also the chairman of the US-India Business Council (USIBC).
Ø  He is also a member of Board of Director of the Dow Chemical Chempany, Member of the council on Foreign Relations and Member of International Business Council of the World Economic Forum.

8) M O GARG TAKES CHARGE AS NEW DIRECTOR GENERAL OF CSIR
Ø  M O Garg has been appointed as the Director General of the council of Scientific & Industrial Research (CSIR).
Ø  He replaces PS Ahuja.
Ø  MO Garg has 33 national and International patents to his credit.
Ø  CSIR is India’s Largest Research and Development (R &D) organization with 37 laboratories and 39 field stations spread across the nation.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.        Who became the new DG of CSIR
a.          M O Garg
b.         PS Ahuja
c.          A K Reddy

d.         Subrahamanyam Jaishankar
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Friday, February 6, 2015

DAILY CURRENT AFFAIRS 6 FEBRUARY 2015

DAILY CURRENT AFFAIRS-6 FEBRUARY 2015
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1) WORLD BANK TO PROVIDE FUNDS FOR SARNATH REDEVELOPMENT
Ø  Sarnath is located only a few kilometers from Varanasi near the influence of the Ganga and the Gomti rivers.
Ø  Sarnath is famous as Lord Buddha gave his first sermon here which attracts a large number of Buddhists and foreigners.
Ø  Sarnath is also known for its Deer park and a bird sanctuary

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     World Bank has recently provided fund for which place’s redevelopment
a.       Varanasi
b.      Sarnath
c.       Haridwar
d.      Bhubaneshwar

2) L.C.GOYAL, BECOMES NEW HOME SECRETARY
Ø  L.C. Goyal takes charge as the new union Home Secretary replacing Mr. Goswami who resigned recently.
Ø  L.C. Goyal is an IAS officer of 1979 Batch Kerala Cadre

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Who became the new Home Secretary
a.       Matan Singh
b.      Anil Goswami
c.       L.C.Goyal
d.      Deepshikha Ghosh

3)   UN REPORT SHOWS 8% GDP GROWTH
Ø  8% growth in GDP has led to decline in poverty from 41.6% to 32.7%
Ø  UNESCAP gave its report on GDP from 2004 to 2011
Ø  INDIA has achieved first Millennium Development Goals
Ø  UNESCAP- United Nations Economic and Social Commission for Asia and the Pacific

4)   BCCI CLEARS PROGYAN OJHA
Ø  Pragyan Ojha got a clean chit over his bowling action at the correction centre in Chennai by the BCCI
Ø  Pragyan Ojha is not in the World Cup 2015 Squad but he can continue playing first class games with immediate effect.

5)   CASH SUBSIDY ON LPG BECOMES WORLD’S LARGEST DIRECT BENEFIT TRANSFER SCHEME
Ø    Pahal Yojana is the name Given to the DBT Scheme for LPG
Ø  This Scheme was launched to put an end to Black- marketing and to ensure that the   subsidy reaches to the people directly.
Ø    Over 10 crore consumers have joined the scheme so far.
Ø    Other counties having such scheme are China, Mexico and Brazil.
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Thursday, February 5, 2015

DAILY CURRENT AFFAIRS UPDATE 05 FEBRUARY 2015

DAILY CURRENT AFFAIRS UPDATE - 5 FEBRUARY 2015
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1) CHINA OVERTAKES US AS THE TOP FOREIGN INVESTMENT DESTINATION: UNCTAD REPORT
Ø  US was on top as a Foreign Investment Destination for past 11 years, since 2003
Ø  China FDI grew by 7.8% in 2014 and constituted 55.4% of the overall FDI
Ø  128 billion Dollars are invested in China as compared to 86 billion Dollar invested in the US
Ø  UNCTAD stands for United Nations Conference on Trade and Development
Ø  UNCTAD was formed in 1964 with its headquarters in Geneva, Switzerland
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Where is the headquarter of UNCTAD
a.       New York
b.      Geneva
c.       Washington DC
d.      Manila
2.     Which country is on top rank in Foreign Investment Destination ranking.
a.       India
b.      USA
c.       China
d.      Singapore

2) HOME SECRETARY, ‘ANIL GOSWAMI’ RESIGNED
Ø  He is third top ranking bureaucrat to have been sacked since the Modi Government took charge
Ø  Mr. Goswami’s tenure was about to end in June this year


3) PLANE CRASHES IN TAIWAN RIVER
Ø  More than 30 people were killed, 15 injured and 12 are still missing
Ø  Trans Asia Airways flight 235 said ‘Mayday, Mayday, engine Flameout’
Ø  ‘Mayday’ is an International Emergency Call
Ø  P&WC gave a complete, brand new Engine to Trans Asia.
Ø  P&WC – Pratt & Whitney Canada
EXPECTED QUESTION FROM THE CURRENT AFFAIRS NEWS    
1.     Which International Airway Flight recently crashed in Taiwan River
a.       Trans Asia Airways
b.      Sea Asia Airways
c.       London Airways
d.      Kingfisher Airways


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Wednesday, February 4, 2015

DAILY CURRRENT AFFAIRS 4 FEBRUARY 2015

DAILY CURRENT AFFAIRS- 4 FEBRUARY 2015
Shared By: WWW.DailyGk.IN

1) RBI INCREASES FOREX REMITTANCE LIMIT TO $ 2,50,000
Ø  The Central Bank on Tuesday doubled the amount that an individual can remit in a year  for asset purchase outside country to $ 250000
Ø  An individual can remit under the liberalized remittance scheme, started in 2004 with a view to simplify Foreign Exchange Avenues available to Indians
Ø  This the second time that the limit has been raised since a drastic 62.5 % cut in the limit i.e to $ 75,000 in August 2013
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Under which scheme an individual can Purchase Assets outside the country and upto what amount
a.       Remittance Scheme, $ 250,000
b.      Assets Purchase Scheme, $ 250,000
c.       Liberalized Remittance Scheme , $ 250,000
d.      Liberalized Assets Purchase Scheme, $ 250,000
2) MADHYA PRADESH GOT NATIONAL AWARD FOR MGNREGA
Ø  MP won 10th National Award for Excellent work in MGNREGA
Ø  Award was presented to MP Panchayats and Rural Development Minster Gopal Bhargava by the Union Rural Development Minister Virendra Singh at the MGNREGA Summit held in New Delhi on 2nd Feb, 2015
Ø  MGNREGA- Mahatma Gandhi National Rural Employment Guarantee Act, 2005
EXPECTED QUESTION FROM THIS CURRENT AFFAIR NEWS
1.   Who is Union Rural Development Minister?
       a. Smt. Smriti Irani
       b. Amit Shah
       c. Sonia Gandhi
       d. Virendra Singh
2.   Which state won the 10th National Award of Excellent work in MGNREGA?
       a. UP
       b. Assam
       c. MP
       d. Bihar

3) FRANCE WINS 24TH MEN’S WORLD HANDBALL TITLE
Ø  This is France’s 5th World Handball title after defeating Qatar in the finals
Ø  France becomes 1st ever team to win 5 times
Ø  Total teams- 24 ;    Host – Qatar
Ø  The Games were played in Doha and newly created town of Lusail
EXPECTED QUESTION FROM THE CURRENT AFFAIRS NEWS    
1.     Which country has won 5 World Handball titles
a.       Spain
b.      Qatar
c.       France
d.      Germany

4) 35TH NATIONAL GAMES KICKS OFF AT GREEN FIELD STADIUM , KARYAVATTAM, TIRUVANDRUM
Ø  Games were inaugurated by Union Minister of Urban Development, Shri Venkaiah Naidu
Ø  Games will held in Kerala
Ø  Goodwill Ambassador of the Games is Sachin Tendulkar
Ø  Saloni Dalal became the youngest player to win medal at National Games

Ø  Saloni Dalal won a Bronze Medal in 200 mts Breast Stroke swimming event
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