Banking Awareness 13th January 2017 | Financial Affairs 13th January 2017

1. Ban Ki-moon returns to South Korea in bid to lead it

Former U.N. chief faces an increasingly rocky political landscape

Ban Ki-moon, a former United Nations chief and prominent international figure, returns to his native South Korea in an increasingly uphill effort to succeed the nation’s recently impeached president.

Park Geun-hye’s

11th President of South Korea.

2. In a first, Air India to reserve seats for women passengers

Six seats to be reserved for women; no extra charges to be levied

With an intention to ensure the safety of woman passengers, national carrier Air India will reserve two rows or six seats for female commuters.

Six seats

Reserved for women passengers in Air India.

3. With a price tag of Rs 1,000, RJio’s 4G VoLTE phones can disrupt the market

Reliance Jio is working with Lava to manufacture these phones

Last year, Mukesh Ambani’s Reliance Jio disrupted the telecom space with super affordable 4G tariffs. The company seems to be geared to continue its disruptive streak by launching super-affordble feature phones that, apparently, will do away with the need for smartphones.

Rs 999.

Reliance launching 4G VoLTE-ready feature phones for this amount.

4. PM Modi ‘ejects’ Mahatma Gandhi in Khadi Udyog’s calendar, diary

Most officials were taken aback to see the cover photo of the calendar.

In a surprise development, Prime Minister Narendra Modi has ‘ejected Father of the Nation Mahatma Gandhi in the 2017 wall calendar and table diary published by the Khadi Village Industries Commission (KVIC).

Change of cover photo

Modi weaving khadi on a large ‘charkha.

5. Wallet money will not be lost, Paytm assures users

Final approval for Paytm Payment Bank to commence operations.

  • As news of this emerged, several posts on social media created panic amongst Paytm users, saying they will not be able to use their Paytm wallet or they would lose their money once the payment bank begins to function.
  • Paytm rubbished these rumours saying the “Paytm Wallet will be transferred to the Paytm Payments Bank Limited as it is.”

Vijay Shekhar Sharma

Paytm CEO.

6. Former Infosys CEO S D Shibulal rues dearth of ideas for rural India

While interview with Axilor Ventures mentor

Set up by Infosys co-founders S D Shibulal and Krish Gopalakrishnan along with other partners, Axilor Ventures mentors start-up aspirants with bold concepts. In an interview with Ayan Pramanik and Raghu Krishnan, Shibulal explains how his team focuses on creating an ecosystem for health care start-ups through collaboration with laboratories, hospitals and other facilities.

S D Shibulal

Former Infosys CEO.

Watch as interactive video for easy learning

Financial Affairs 22 October 2016 | Banking Awareness for SBI IBPS UPSC SSC Exams

Union Government launches UDAN Scheme for Regional Air Connectivity

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  • The Union Government has launched the regional air connectivity scheme UDAN which seeks to get more people to fly in the smaller towns.
  • It was launched by the Union Civil Aviation Minister Ashok Gajapathi Raju in New Delhi.
  • It will be rolled out by January, 2017 and will be in operation for a period of 10 years.

ESSAR PORTS HANDLES 18.27 MN TONNES CARGO IN JULY-SEPTEMBER

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  • Essar Ports Ltd (EPL) 21 oct 16 said its cargo handling grew by 35 per cent to 18.27 million tonnes (MT) in the July-September quarter this fiscal from 13.55 MT in the year-ago period.
  • Third-party cargo handling has risen by 106 per cent to 1.03 MT in July-September compared to 0.5 MT in the same period a year-ago.
  • Over the quarter, the various terminals of the company handled 209 ships as against 179 ships in the corresponding period last year.

MANOHAR PARRIKAR CLEARS RS 900 CRORE ARMY DEAL WITH ISRAEL

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  • Defence Minister Manohar Parrikar on 20 oct 16 cleared an Army deal worth Rs 900 crore with Israel for procuring combat radio.
  • The Army to buy close to 4,900 sets of Tadiran combat net radios from the Israeli firm Elbit.
  • The radio sets are used by the Army for communication between soldiers operating in field areas and battle zones.

SBI ADVISES CUSTOMERS TO USE OWN ATMS

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  •  India’s largest bank, the State Bank of India (SBI), has advised customers to use its own automatic teller machines (ATMs) for safe transaction.
  • It is looking to replace within ten days around 6 lakh debit cards which were blocked by it as a preventive measure.

SIDBI Launches ASPIRE Fund

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  • SIDBI has launched a Rs 60 crore ASPIRE fund to promote innovation, rural entrepreneurship & agri-industry.
  • The Rs 60 crore ‘fund of funds’ falls under ‘A Scheme for Promotion of Innovation and Rural Entrepreneurship & agro-industry (ASPIRE)’ for supporting various venture capital funds.
  • The government initiative aims at providing the necessary support environment to unleash the potential of MSME.

RBI Relaxes Norms for Startups

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  • The RBI has said that Foreign Venture Capital Investors (FVCIs) can invest in Indian startups irrespective of the sector in which the startup is engaged without prior permission of the apex bank.
  • Sebi-registered FVCIs have also been permitted to invest in unlisted firms.
  • FVCIs can also open a foreign currency account and/or a rupee account for the purpose of making transactions

India, World Bank sign $650 Million agreement for Eastern Dedicated Freight Corridor

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  • India on 21 Oct 2016 signed a 650-million US dollar loan agreement with the World Bank for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project.
  • The project will benefit industries of Northern and Eastern India, which rely on railway network for transportation of material inputs and exports.

Arun Jaitley Calls On Private Sector To Invest, Cites Low Cost Of Capital

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  • Arun Jaitley asked the private sector to loosen its purse strings to make the most of the demand uptick following a good monsoon and softer rates due to controlled inflation.
  • India is the world’s largest fastest-growing major economy on the back of a spurt in public spending, and private sector joining the bandwagon.

Need To Revive Arbitral Centres To Win Investor Confidence

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  • Arun Jaitley said efforts are being made to revive the arbitration centres in Mumbai and the national capital with a view to expedite contractual dispute resolution at a lesser cost.
  • India, he said, is the bright spot in gloomy world economy and has attracted highest foreign direct investment and to retain investor confidence.
  • we need the adequate infrastructure for arbitration, that’s an area we have made headway”.

Financial Affairs 20 October 2016 | Banking Awareness for SBI IBPS UPSC SSC Exams

Sebi to use drum-beaters, loudspeakers for attachment notices

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  • Fraudsters and defaulters who failed to return investors’ money may soon  announcing summons to them.
  • Sebi given powers to attach properties in the wake of large-scale defaults by entities collecting money fraudulently from gullible investors.
  • At the time of affixture, the addressee is found to be available at the address the notice may be served personally on the addressee.

Bharti Airtel rises on inking 4G network deployment deal with Nokia Networks

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  • They deal with Nokia Networks to install and maintain 4G services in three new circles, with the new network roll out.
  • Nokia will focus on better delivery of video content and other streaming applications and services.
  • Nokia will deploy its 4G FDD-LTE & TD-LTE technology across 9 circles of Bharti Airtel’s operations in India.

“Govt to provide support to gems & jewellery sector”

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  • Nirmala Sitharaman  was speaking at the 37th ‘Festival of Gold’ being organised by state-run trading firm MMTC.
  • She said exports are facing many challenges but this sector has stood the headwinds.
  • we need to give all support to the sector.
  • In September, gems and jewellery exports grew by 22.42 per cent year-on-year to USD 4.46 billion.

India, US explore ways to promote trade, investment

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  • US Trade Representative Michael Froman is leading a high-level delegation here for the 10th India—US Trade Policy Forum (TPF) meeting.
  • Both the ministers will also hold delegation-level talks as a part of TPF.
  • Issues such as market access for agriculture items& IPRs are likely to figure in the meeting.

‘Xiaomi sells record 1 million handsets in India’

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  • Xiaomi has sold a record 1 million smartphones in India in 18 days during the Diwali festivel season.
  • The company now aims at becoming largest smartphone vendor in India.
  • India has become our largest market outside of the Chinese mainland.

“PPP needs to develop to boost infra investment”

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  • PPP model in India’s infrastructure needs to be developed further to attract more private investment for the sector that would help propel growth.
  • Stating that historical under investment and rapid economic growth are straining India’s existing infrastructure.
  • The country’s PPP mechanism has seen reasonable success in some sectors over the last 20 years.

Dai-ichi Life eyes stake in Union KBC AMC

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  • It is in preliminary talks with the fund house’s current majority shareholder Union Bank of India.
  • Last month, Union Bank had completed acquisition of 49 per cent shareholding of Union KBC AMC and Union KBC.
  • The Union KBC Asset Management Company and Union KBC Trustee Company have become wholly owned subsidiaries of the bank.

‘Exempt gems, jewellery exports from GST’

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  • At present, gems and jewellery exports are effectively zero-rated.
  • Hence any element of tax in exports is required to be rebated.
  • The council said not more than 1.25 per cent GST should be levied on sale of gold and diamond jewellery in the domestic market.

Essar-Rosneft deal not violative of sanctions: U.S.

Employees walk past an Essar Group logo outside their headquarters in Mumbai May 20, 2013. India's Economic Times newspaper said the Essar Group conglomerate would sign a financial agreement with China's China Development Bank and China's largest oil and gas producer PetroChina Company during Chinese Premier Li Keqiang's trip to India. REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS LOGO ENERGY POLITICS) - RTXZTPP

  • US does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft.
  • These sanctions have specifically targeted Russian oil and defence companies.
  • Rosneft is one of the five energy companies under U.S. and EU sanctions.

RBI asks banks to replace 17.5 lakh debit cards

Police officer stands guard in front of the RBI head office in Mumbai

  • RBI asked banks to replace debit cards whose security is suspected to have been compromised after being used in some ATMs.
  • The issue was first suspected by payment gateways such as Visa, Mastercard and Rupay.
  • Debit cards face security issues when unauthorised parties access confidential details in the card.

 

Current Affairs 8 October 2016 | General Awareness for SBI IBPS UPSC SSC Exams

Only 1 person has been awarded Chemistry Nobel Prize twice

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  • British biochemist Frederick Sanger is the only person to be awarded the Nobel Prize in Chemistry twice.
  • He received the award in 1958 and 198.
  • He got awarded for his work on the structure of proteins and nucleic acids.

‘N Korea may be preparing for 6th nuclear test’

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  • North Korea’s nuclear test site could signal preparations for a new test or a collection of data from its last one.
  • The satellite images showed activity at all three tunnel complexes at the Punggye-ri nuclear test site.
  • One possible reason for this activity is to collect data on the Sept. 9 test, although other purposes cannot be ruled out.

The White Helmets congratulate Santos on Nobel Peace Prize

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  • ‘The White Helmets’ is also called as the Syrian civil defence organisation, who were considered the top contenders for the 2016 Nobel Peace Prize.
  • They were congratulated by Colombian President Juan Manuel Santos.
  • The volunteer rescue group has saved over 62,000 lives in Syria so far.

India saw highest number of child deaths in 2015

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  • India had the highest number of child deaths (under five) at 13 lakh in 2015.
  • Such deaths have gone down by half in the world between 1990 and 2015.
  • India was followed by Nigeria with over 7 lakh child deaths and Pakistan 3 lakh deaths.

Longest usable golf club measures 8.56 metre

EMBARGOED UNTIL 00:01 (BST) ON SEPTEMBER 10, 2014 - 23:01 (GMT) on September 9, 2014 A recent undated handout picture released by the Guinness World Records on September 9, 2014, shows 49-year-old trick golf artist Karsten Maas, from Denmark, who secured his place in the 2015 Guinness World Records book for creating the worlds longest usable golf club. It measures 4.37, (14ft 5in) in length and has been used to drive a ball a distance of 165.46m (542ft 10.16in). The 60th anniversary edition of the Guinness World Records book will reflect on six decades of record-breaking, whilst also featuring the latest additions to the oddball hall of fame. AFP PHOTO/GUINNESS WORLD RECORDS / RANALD MACKECHNIE = RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / GUINNESS WORLD RECORDS / RANALD MACKECHNIE " - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTSRANALD MACKECHNIE/AFP/Getty Images

  • The longest usable golf club is 8.56 metre long (28 ft 1 inch) which was used by Michael Furrh from the United States.
  • Furrh, who broke his own record for the third time.
  • He achieved the feat on September 12, 2016, after hitting the ball a distance of nearly 54 metres.

India has won all the Kabaddi World Cups

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  • India has won all the Kabaddi World Cups that have ever been held.
  • The men’s team have won seven World Cup titles.
  • The women’s team have won three titles.

Govt launches LPG scheme PMUY in Maharashtra

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  •  Dharmendra Pradhan an Union Petroleum Minister today launched the Pradhan Mantri Ujjwala Yojana (PMUY) in Maharashtra to provide free LPG connections to households.
  • The move will benefit 91 lakh households living below the poverty line.
  • A target of 10 lakh connections has been set under PMUY for Maharashtra in 2016-17.

The 4th highest Test wicket taker for India

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  • Zaheer Khan is the fourth highest wicket taker for India in Test cricket.
  • Zaheer Khan celebrates his 38th birthday today(08.10.16).
  • He is also the fourth highest wicket taker for India in One Day International cricket with 282 wickets.

 

Current Affairs 6 October 2016 | General Awareness for SBI IBPS UPSC SSC Exams

Communication satellite GSAT-18 launched successfully

Caption: Ariane 5 clears the launch pad at the Spaceport in French Guiana on July 5, 2012 Credit: ARIANESPACE PHOTO

  • India’s latest communication satellite GSAT-18 was  successfully launched from Kourou in French Guiana.
  • The launch was originally scheduled for Wednesday, but deferred by 24 hours due to bad weather.
  • GSAT-18, built by the Indian Space Research Organisation, aims at providing telecommunications services for the country.

Dead body must be treated with dignity: Odisha govt

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  • Following two incidents of a tribal carrying his wife’s body on his shoulder over 10 km and a woman’s body at a hospital being carried for the last rites.
  • Odisha government ordered that the dead body are treated with dignity and respect.
  • They said the body should be carried on a stretcher/cot as far as possible and it should also be kept appropriately in a designated place till all formalities are over.

UN issues stamp to honour musician MS Subbulakshmi

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  • MS Subbulakshmi, who had performed at the world body 50 years ago was honoured by the UN Postal Administration as postal stamps.
  • The stamp was released at a special ceremony at the UN headquarters to mark India’s ratification of the historic Paris climate deal.
  • Sudha Raghunathan concluded the ceremony with a soulful rendition of Subbulakshmi’s music as well as of Gandhi’s beloved Ram Dhun.

6.9 cr teachers needed for 2030 UN education goal

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  • On World Teachers’ Day (5 October), UNESCO Institute for Statistics (UIS) has released the first-ever estimates of how many teachers are needed to achieve Sustainable Development Goal 4.
  • They aims to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
  • In the next 14 years, countries must recruit 68.8 million teachers to provide every child with primary and secondary education.
  • About 263 million children and youth are out of school 25 million.

‘Declare Pak a terror state’ becomes most popular petition

People gather at UNC-Chapel Hill's "Pit" to mourn for Deah Shaddy Barakat, his wife Yusor Mohammed and her sister Razan Mohammed Abu-Salha in Chapel Hill, N.C., Wednesday, Feb. 11, 2015. Craig Stephen Hicks is accused of killing the three on Tuesday. (AP Photo/The News & Observer, Travis Long) MANDATORY CREDIT

  •  Ted Poe, the Chairman of the White House introduced H.R.6069, the Pakistan State Sponsor of Terrorism Designation Act.
  • Not only is Pakistan an untrustworthy ally, Islamabad has also aided and abetted enemies of the United States for years.
  • Osama bin Laden to its cozy relationship with the Haqqani network, there is more than enough evidence to determine.

Apple named most valuable global brand of 2016

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  • Branding consultancy Interbrand  announced its list of the Best Global Brands of 2016 and, as mentioned, Apple is at the top. Again.
  • Google, in second place, has grown by 11 percent.
  • Google and Apple have been the top 2 for the last four years.

Marie Curie’s family has won five Nobel prizes

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  • Marie Curie win two Nobel Prizes, but her family has been the recipient of five total Nobel Prizes.
  • She won two, her husband, Pierre Curie, won one.
  • Her daughter,  Irène Joliot-Curie, won the Chemistry Prize in 1935 with her husband.
  • Her second daughter was also  won the Nobel Peace Prize in 1965.

15-year-old Indian girl wins U-16 World Chess C’ships

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  • Aakanksha Hagawane scripted her name in the history books.
  • she won the girls’ under-16 title in the World Youth Chess Championships in Khanty-Mansiysk, Russia.
  • Viswanathan Anand, Pentala Harikrishna, Koneru Humpy, Abhijeet Gupta, Soumya Swaminathan, Dronavalli Harika, B Adhiban, SP Sethuraman have all won world titles in age group and junior (U-21) competitions.

 

Current Affairs 5 October 2016 | General Awareness for SBI IBPS UPSC SSC Exams

Warren Buffett of Canada, Prem Watsa sees India as ‘shining star’ in the world

Prem Watsa, chief executive officer of Fairfax Financial Holdings Ltd., speaks at a news conference following the company's annual meeting in Toronto, Ontario, Canada, on Thursday, April 22, 2010. Photographer: Norm Betts/Bloomberg

  • Canada-based billionaire Prem Watsa, who is also known as the Warren Buffett of Canada, is bullish on India among all the economies in the world.
  • The Watsa-owned Fairfax Financial Holdings has already raised and invested over $1 billion in India and will raise more money over time.
  • Thomas Cook  said India has unlimited possibilities and potential and is undoubtedly the shining star.
  • He is very bullish on the financial services space in India.

From Booking Train Ticket To Ordering Meal, All On New App Soon

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  • A seamless travel experience for rail commuters with a swipe of a finger is in the offing as Railways plans to revamp its mobile application and include “all passenger services” for its customers.
  • They are preparing an integrated mobile application for railway passengers which will take care of all their needs.
  • It will be an app that will take care of the entire journey from booking a ticket to booking a taxi and pre-ordering a meal.

UN says 69 million teachers needed for global school pledge

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  • Almost 69 million teachers need to be recruited around the world by 2030 if international pledges on education are to be kept, warns Unesco.
  • The United Nations agency’s estimate is for the number of teachers required to meet the promise of primary and secondary places for all children.
  • The biggest gaps in staffing are in sub-Saharan Africa and southern Asia.
  • The Unesco report says there needs to be a “seismic shift” in recruitment to overcome “massive shortages”.

Mixed feelings in Marshalls over epic nuclear case; island nation takes on India, Pak, Britain

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  • As the Marshall Islands awaits an international court ruling on Wednesday (5.10.16) on whether its lawsuit against three nuclear powers can proceed, many in the western Pacific nation question the merit of the David-versus-Goliath legal battle.
  • The country of 55,000 people is taking on India, Pakistan and Britain in the International Court of Justice (ICJ), arguing they have failed to comply with the 1968 nuclear Non-Proliferation Treaty.
  • Initially the lawsuit was even more ambitious — also including China, France, Israel, North Korea, Russia and the United States — none of which recognised the ICJ’s jurisdiction on the matter.

International drug racket: IAF Wing Commander arrested

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  • A Wing Commander of the Indian Air Force has been arrested by the NCB from Maharashtra in connection with its probe in an international drug racket involving a scientist and his wife.
  • Officials said Wing Commander G Rajasekhar Reddy was arrested by the Narcotics Control Bureau (NCB) in coordination with Nanded Police on Monday (5.10.16) and brought to Hyderabad today, based on investigations after a drug racket was unearthed in Hyderabad two days back.
  • They said Reddy, posted at Air Headquarters in Delhi, was the alleged “kingpin” of the racket and his purported involvement was revealed after the questioning of the duo in Hyderabad.

Indian IoT market set to grow up to USD 15 billion by 2020

Electronics News

  • Focusing on the rise and evolution of the Internet of Things (IoT) across industries in India, the National Association of Software and Services Companies (NASSCOM) today kick-started the eighth edition of NASSCOM Design and Engineering Summit, Bengaluru.
  • The two-day event focusing on the theme of, ‘Imagineering for the Digital Future’ analyses the role that IoT will play in creating digital utilities especially in the areas of design and engineering that will drive the growth of future technologies in the country.
  • ÏoT has started being incorporated into both consumer and industrial applications being utilized in critical verticals like Healthcare, Automotive and Manufacturing.

Three win Nobel chemistry prize for molecular machines

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  • Frenchman Jean-Pierre Sauvage, British-born Fraser Stoddart and Dutch scientist Bernard “Ben” Feringa on Wednesday (5.10.16) won the Nobel Prize in chemistry for developing minuscule machines at the molecular level.
  • The laureates share the 8 million kronor ($930,000) prize for the “design and synthesis” of molecular machines with controllable movements, which can perform a task when energy.
  • The academy said molecular machines “will most likely be used in the development of things such as new materials, sensors and energy storage systems.”

Ishan Pandita creates history; becomes first Indian footballer to sign La Liga contract

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  • Ishan Pandita became India’s first player to sign a La Liga professional contract after his one-year deal with CD Leganes was made official.
  • Leganes are currently in 11th position in the La Liga table after making a historical leap into the top flight of football in Spain for the first time in their history.
  • It’s been a tough, hard three years here in Spain but at the end, it was all worth it said by Ishan.

 

GENERAL AWARENESS — Bank PO/SO/Clerical – 4.10.16

 Pakistani girls reached home safely with the help of Sushma

Indian Foreign Minister Sushma Swaraj speaks during the 13th Russia-India-China Foreign Ministers' Meeting, at Diaoyutai State Guesthouse in Beijing, February 2, 2015. REUTERS/Wu Hong/Pool (CHINA - Tags: POLITICS) - RTR4NWHS

  • On September 27, a delegation of 20 students from Pakistan arrived in Chandigarh for the 11th Global Youth Peace Festival, bearing hand-written notes and friendship cards from various schools from across the country.
  • But amid tensions that gripped India and Pakistan after the Uri attack and surgical strikes, the girls were worried if they’ll return home safe.
  • Aliya Harir, leader of the contingent and convenor of Indo-Pak friendship initiative titled Aaghaz-E-Dosti, reached out to External Affairs Minister Sushma Swaraj to help the girls return to Pakistan.
  • Harir later tweeted that the minister has assured her of help.

Pakistan Kids are ready for war: Miandad

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  • Javed Miandad, former Pakistan cricketer and relative of gangster-terrorist Dawood Ibrahim, has lashed out at India for carrying out surgical strikes on his soil and claimed that every kid in Pakistan was ready for martyrdom if the situation so required.
  • India had carried out surgical strikes on terror camps in Pakistan-occupied Kashmir last week in response to the terror attack in Jammu and Kashmir’s Uri sector, in which 19 Indian Army personnel were martyred.
  • They were ready for martyrdom. Our nation cannot be cowed down by hollow threats.
  • Pakistan was a peace-loving country and that they wanted to have cordial relations with all- Shahid Afridi.

we need to work together: Pak to India

Pakistani High Commissioner Abdul Basit and Vice chancellor of Jamia Millia Islamia, S M Sajid during an interactive session on 'Pakistan Foreign Policy: Challenges and Priorities' at Jamia Millia Islamia in New Delhi on April 15, 2014. (Photo: Amlan Paliwal/IANS)

  • Reacting to PM Narendra Modi’s call to Pakistan to fight against poverty-Pakistan’s High Commissioner to India, Abdul Basit.
  • If India and Pakistan were to fight against poverty, He thinks that they need to work together.
  • If India is ready for a dialogue, Pakistan will be willing, if India isn’t ready, then they can always wait.

China to build water park in disputed South China Sea

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  • China is to build an ocean park on Hainan Island, which is located in the disputed South China Sea.
  • Hainan, the southernmost province of China, is one of the coastal areas where the recreational marine parks will come up.
  • With this, the number of ocean parks in China will go up to 42.
  • These parks, such as Chimelong Ocean Kingdom in Zhuhai, have become major tourist attractions where world’s most amazing animals and mammals, ranging from polar bears to giant sharks, are on public display.
  • The industry is on a boom in China, but animal rights activists have raised concerns over their upkeep and captivity.

5 Indian citizens have won the Nobel Prize so far

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  • The Nobel Prize has been awarded to 5 Indian citizens since its inception in 1901.
  • Indian Nobel laureates are Rabindranath Tagore in Literature, CV Raman in Physics, Mother Teresa in Peace, Amartya Sen in Economic Sciences and Kailash Satyarthi in Peace.
  • The Prize has been awarded 574 times, including the one recently awarded to Japan’s Yoshinori Ohsumi in Medicine.

Solar road tiles put on public test for first time

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  • Solar Roadways has installed its first public energy tiles in Sandpoint, Idaho as part of a test.
  • On top of producing a light show, the panels will generate power for the fountain and restrooms in a public square.
  • They have heating elements, too, so they should keep running even in the heart of winter.
  • It’s a modest dry run with just 30 panels, and it’ll be a long while before you see them on the streets they were designed for.

British trio win 2016 Nobel Prize in Physics

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  • The 2016 Nobel prize in physics has gone to David Thouless, Duncan Haldane and Michael Kosterlitz for their work on exotic states of matter.
  • The work helps explain why some materials have unexpected electrical properties, such as superconductivity, and in future the work could pave the way for quantum computers.
  • For an electrical conductor, for instance copper, scientists can normally define a fixed relationship between how much electrical potential he put across a wire and how much current flows.
  • However, when a material undergoes an electrical phase transition, this relationship goes out the window and the material abruptly takes on completely new electrical properties.
  • A doughnut to a coffee cup (both have one hole) are the same. But a ball is different.
  • These shapes just relate the maths used to describe the properties of a material – They’d like to stress that no physical objects are being magically transformed into doughnuts.

Tendulkar felicitates India’s Paralympic medalists

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  • India’s Rio Paralympic medalists, Devendra Jhajharia, Mariyappan Thangavelu, Deepa Malik and Varun Singh Bhati, were felicitated by Sachin Tendulkar and other celebrities at an event in Mumbai.
  • Each medal winner received a cheque of Rs15 lakh, contributed by a number of industrialists and celebrities.
  • India’s Paralympic medalists from previous editions will also receive the same amount.

 

GENERAL AWARENESS – BANK/PO/SO/CLERICAL – 02.10.16

Pakistan protest on Bangladesh war

Pak protest on Bangladesh war crimes trial prompted Saarc pull out: Hasina

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  • Prime Minister Sheikh Hasina said on Sunday Islamabad’s protests over recent execution of a 1971 war crimes convict prompted Bangladesh to pull out of the Saarc summit.
  • “Pakistan is a defeated force. We defeated them in our Liberation War (in 1971), as a defeated force they can tell many things which matters little to us… Pakistan’s view is nothing but the aspersion of a defeated party, which people of Bangladesh should consider in that manner”.“The diplomatic ties will be there… we will face them (Pakistan) diplomatically,” the Prime Minister said.
  • Hasina asked Banglades his to think about the relationship of “cohorts and patrons” of perpetrators of 1971 war crimes against humanity who carried out genocides siding with Pakistani troops during the Liberation War, in an oblique reference to main opposition Bangladesh Nationalist Party (BNP) led by former prime minister Khaleda Zia.

Indian-origin African teen wins big at Google science fair

Kiara Nirghin 16 a Grade 11 pupil at private school St. Martins, submitted a project

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  • Johannesburg, Oct 1 (PTI) A 16-year-old Indian-origin South African high school student has won the top prize of scholarship worth USD 50,000 at the annual Google science fair in the US for using orange peel to develop a cheap super- absorbent material to help soil retain water.
  • Kiara Nirghin, 16, a Grade 11 pupil at private school St Martins, submitted a project aimed at alleviating the severe drought that is currently plaguing South Africa.
  • “She have always had a great love for chemistry since she was young. she vividly remember at the age of seven experimenting with vinegar and baking soda solutions in plastic cups,” Nirghin said in her submission, in which she cited a renowned Indian scientist as her greatest inspiration.
  • “M S Swaminathan, has always been an inspiration of mine as he truly believed in the necessary movement of not only India but the whole world towards sustainable agricultural development.” she said.

India formally joining the Paris Agreement

Paris Agreement: 5 things you should know

parisHere are five salient points about the deal

  • Along with India, 62 countries responsible for almost 52 per cent of greenhouse gas pollution have signed the accord.
  • India, in its climate pledge — also known as Intended Nationally Determined Contribution (INDC) — submitted to the United Nations last October estimated a cost of $2.5 trillion for its climate-action plan.
  • India will ask developed countries to provide $100 billion per year in climate finance for developing countries at the climate talks in November at Marrakech. Only $2bn has so far been received.
  • Paris deal will only come into force 30 days after it is ratified by at least 55 countries that between them produce 55 per cent of global carbon emissions. After India, the European Union and Canada will likely ratify within a month.
  • Paris Agreement was adopted by 185 nations last year on December 12 and India signed it in New York on April 22 this year. A total of 191 countries have signed the Paris Agreement so far.

Indian NGO bags UN climate award for clean energy project

The project highlights the importance of micro-level, scalable initiatives to contribute to India’s ambitious renewable energy target.

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  • With India ratifying the Paris agreement on Sunday, the project highlights the importance of micro-level, scalable initiatives to contribute to India’s ambitious renewable energy target.
    An Indian NGO, Swayam Shikshan Prayog, has bagged the UN climate award this year.
  • The NGO, which trains women to become clean energy entrepreneurs across Maharashtra and Bihar, is one of the 13 projects to be recognised at the forthcoming UN climate summit in Marrakesh in November.
  • In an official release, the UNFCCC, the nodal UN climate body, has applauded this project for building a rural distribution network of 1,100 women entrepreneurs facilitating access to clean energy, water and sanitation products and services in several communities.

Indian medicines seized in raids in Pakistan

Medicines and Afghan mobile cards have reportedly been recovered in a raid on shops along Pakistan border

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  • A large number of Indian medicines and Afghan mobile cards have reportedly been recovered in a raid on shops along the volatile Pakistan-Afghanistan border, according to a media report on Sunday.
  • The recovery was made at Arandu village in Chitral District, police said. Deputy Commissioner, Chitral, Osama Ahmed Warraich said many traders had been arrested for selling Afghan SIMs and Indian medicines.
  • He said that keeping in view the volatile situation in neighbouring Afghanistan, surveillance had been stepped up in Chitral which bordered Afghanistan. Acting on a tip-off, the raid was conducted in Arandu town, Mr. Warraich was quoted as saying by Dawn News.
  • The shopkeepers had been earlier warned to surrender Afghan SIMs and mobile cards as well as the Indian medicines on their own, he said.

Next U.S. President will have to review Pakistan policy

The U.S. shares that exasperation with its long-time ally could bolster New Delhi.

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  • India’s new strategic posture of ‘offensive defence’ may have been an outcome of exasperation with Pakistan, but the fact that the U.S. shares that exasperation with its long-time ally could bolster New Delhi.
  • In its last year, the Obama administration has made that displeasure with Pakistan clear by cutting aid, which also led to the scrapping of the sale of eight F16 fighter planes as scheduled.
  • The U.S. Congress cornered the Obama administration into these decisions, but the next President  whether it is Republican Donald Trump or Democrat Hillary Clinton will have to review and restructure the country’s relations with Pakistan.

Yusa gives NEUFC a winning start

Katsumi Yusa found the net in the 55th minute sending a 28000 strong crowd

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  • North East United FC gave a winning start to its Indian Super League campaign downing 2014 runner-up Kerala Blasters by a solitary goal in the opening match of the tournament’s third edition at the Indira Gandhi Stadium here on Saturday.
  • Japanese midfielder Katsumi Yusa found the net in the 55th minute sending a 28000 strong crowd into wild celebrations. This came as a fitting offering to the capacity gathering, whose expectations were raised by a colourful opening ceremony a couple of hours earlier.
  • The action for a great period saw NEUFC making the offensive moves as it pegged an overtly defensive Blasters back in its own territory.
  • Putting three men — Argentine Nicolas Velez, Uruguyan Emiliano Alfaro and local talent Holicharan Narzary — in attack, NorthEast coach Nelo Vingada was clear in his offensive intent right from the start.

BCCI in a defiant mood

Its rejected most major recommendations

Mumbai : Director cricket Ravi Shastri and skipper Virat Kohli at a pre-departure conference before the team leaves for the Australia tour, in Mumbai on Friday. PTI Photo by Shashank Parade (PTI11_21_2014_000176B)

  • On a day that saw its members huddled together in a marathon six-hour Special General body Meeting, the BCCI — without saying it in as many words — has all but decided to defy the Supreme Court order which directed it to implement the constitution prepared by the Lodha Committee.
  • Saturday’s SGM, reconvened after being adjourned on technical grounds on Friday, saw all the BCCI members parsing through the new constitution  which was supposed to have been adopted by September 30 according to the timelines set by the Lodha Committee —and voting on each of the contentious clauses.

  • Interestingly, rather than deliberating on the reply to the Lodha Committee’s status report submitted earlier in the week to be filed in the Supreme Court on October 6, the BCCI preferred to analyse the new constitution, which was supposed to have been adopted by Friday.
  • Late in the evening, Board president Anurag Thakur stressed that the BCCI “has not missed any deadline” set by the Lodha Committee, saying “some significant recommendations were accepted by the BCCI”.A BCCI statement even listed nine such proposals that were either “accepted unanimously” or with “certain modifications”.

GENERAL AWARENESS –Bank PO/SO/Clerical – 3.10.16

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By ATMs we can repay loans,paying bills

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  • The ATM at Turner Road, Bandra, in Mumbai, you can buy movie tickets, pay bills or book a flight without using your debit or credit card.
  • The machine enables payment via registered mobile (OTP) and Aadhaar platform for domestic remittances and currency deposit.
  • From paying off your electricity or gas bill to buying gold coins while displaying current market prices,newage intelligent ATMs are being designed to do it all.
  • ATM managers like FSS, CMS, AGS, and OEM makers like Diebold and NCR are looking at ATMs with multifunction capabilities like cash recycling, foreign exchange, loan repayment, cheque encashment and bill payment for utilities, mobile recharge and DTH top-ups.

India is 4th rank in RTI Act

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  • India’s Right to Information (RTI) Act, that was passed in 2005, has been ranked 4th best in the world, according to the latest rankings of 111 nations with such laws.
  • The rankings were based on the strength of the legal frameworks that ensures the efficient implementation of the act.
  • Mexico has topped the rankings, followed by Serbia and Slovenia.

Gandhi –  A Time’s man in the year

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  • TIME’s list is not an academic or objective study of the past, the list gives a contemporary viewpoint of what was important during each year.
  • Mohandas Karamchand Gandhi was the Only Indian  who Files his name in the Time’s Magazine.
  • Likewise Charles Lindbergh (1927) was the first, and the youngest, person to receive the distinction. He was 25 years old.
  • Mrs. Wallis Warfield Simpson, the woman whom English King Edward VIII abdicated in order to marry, was the first woman to receive the honor (1936).
  • And the persons like Adolf Hitler, Obama, Mark Zuckerberg and many others are also listed.

$665cr drone base will built by US to fight Boko Haram

 

A fully armed MQ-9 Reaper taxis down an Afghanistan runway Nov. 4. The Reaper has flown 49 combat sorties since it first began operating in Afghanistan Sept. 25. It completed its first combat strike Oct. 27, when it fired a Hellfire missile over Deh Rawod, Afghanistan. (U.S. Air Force photo/Staff Sgt. Brian Ferguson)

  • The Department of Defense announced on Friday that it is investing $100 million in a drone base located in Agadez, in central Niger.
  • The base will serve as a central surveillance hub in the fight against both Boko Haram and roaming militant groups linked to a Qaeda.
  • Agadez is an ideal, central location to enable ISR collection (intelligence, surveillance and reconnaissance) to face the security threat across the Sahel and Lake Chad Basin region.

Virginity tests on female students : EGYPT MP

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  • An Egyptian member of parliament is facing ridicule for saying universities should perform virginity tests on female students.
  • Virginity should be a prerequisite for admission to university.
  • Any girl who enters university must be examined to prove she is a maiden.
  • We have a member of parliament obsessed with sex.

China comples its first hanging monorail network

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  • China’s first suspension railway line finished its test run in Chengdu, capital of southwest China’s Sichuan Province, on Friday.
  • The lithium-battery powered train, which has a speed of 60 km per hour, successfully ran along the 300-meter test section of the railway line.
  • The load capacity will be 120 passengers per train coach.
  • The test section of the railway line will be expanded to 1.2 kilometers, for further tests on turning, climbing, and operations at train and charging stations.

US approved the World’s First Artificial Pancrease

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  • The world’s first artificial pancreas will bring into market , after U.S. regulators cleared the device for diabetics to automatically monitor blood sugar and supply insulin, replicating what a healthy version of the organ does on its own.
  • The Food and Drug Administration cleared the product, called MiniMed 670G, for patients with Type 1 diabetes who are at least 14 years old.
  • It will let some diabetics turn over part of their daily routine of fingerprick tests and insulin injections to an automatic system.
  • Along with lessening the burden of a condition that requires constant attention, it also offers hope that better blood sugar control at inconvenient times, such as at night, will ultimately improve long-term health.
  • This first-of-its-kind technology can provide people with Type 1 diabetes greater freedom to live their lives without having to consistently and manually monitor baseline glucose levels and administer insulin.

The National Game of Bangladesh is Kabbadi

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  • Kabaddi, which is believed to have originated in ancient India, is the national game of Bangladesh, where its variant, called Ha-Du-Du, is popular in many regions.
  • Bangladesh finished third in the 2004 and 2007 editions of the Kabaddi World Cup, which featured the international format of the sport.
  • Notably, Kabaddi is also one of the national sports of Nepal.