DAILY UPDATED CURRENT AFFAIRS - 10.03.2015 TO 11.03.2015 DAILY UPDATED CURRENT AFFAIRS National Modi govt‟s comprehensive new law on black money held overseas will allow the tax department to open records as far back as 16 years to unearth evasion and enable prosecution. PM Modi disown the decision of J & K CM on releasing of separatist leader Masarat Alam. Lalit Modi was unseated as the President of the Rajasthan Cricket Association. PM launched the first indigenously developed and manufactured rotavirus vaccine by Bharat Biotech. Each year rotavirus led diarrhola result in 10 lakh hospitalisation and 80000 children death. PM Modi will visit Sri Lanka which will be a visit of Indian PM after 24 years and will inaugurate a number of projects there like railway line, cultural centre & 20000 homes built by India in Northern province. International Women‟s Day 2015 observed with the theme “Make it Happen”. Haryana govt. launched the Appki Beti – Hamari Beti programme to check declining sex ratio in the state also launched the „Haryana Kanya Kosh‟ and „Multi Sectoral Nutrition Programme‟. The Lok Sabha has passed the Contentious Land Acquisition (Amendment) Bill with 11 amendments and opposition by some political parties. The Gawhati High Court has directed the Central govt. and Nagaland govt. to ensure adequate safety to the prisoners in Nagaland jail after the Dimapur Jail break to take away the rape accused and lynched him to death. PM began his 3 Island nation tour to Seychelles, Mauritius and Sri Lanka to strengthen bilateral relation. Odia litterateur Rabindra Kumar Praharaj has been selected for the prestigious Kendra Sahitya Academy Award 2014 for his translation book “Thila Gharara Gelhapua” of a classical Bengali novel “Alaler Gherer Dulal” 46th Raising Day of Central Industrial Security Force (CISF) was observed On 10 March 2015. On the occasion of CISF Raising Day, President Pranab Mukherjee and Prime Minister Narendra Modi were Leading Institute for Banking, Railway & SSC
presented and greeted all the CISF officers, soldiers, civilians, ex-servicemen and their families. With a force larger than 1,65,000 it is the largest security force in the world. The incumbent Director General of CISF is IPS Officer Arvind Ranjan. 14-day-long Eighth India-Nepal Combined Exercise Surya Kiran VIII concluded on 8 March 2015 at Salijhandi in Nepal. The exercise aimed To make a greater understanding between Indian & Nepalese Army and develop interoperability in Jungle Warfare and Counter Terrorism operations in mountainous terrain. It also focussed on the basics of Disaster Management with special reference to Pandemic/ Epidemic control and aviation aspects. Former Maharashtra Minister and Member of Parliament (MP) Sadashivrao Mandlik passed away in Mumbai. He was 83. Maharashtra Government launched „Bhagyashree‟ scheme in place of the Sukanya scheme for the welfare of girls that belong to Below Poverty Line (BPL) families. The scheme was launched by Chief Minister Devendra Fadnavis along with the actress Bhagyashree who is brand ambassador of the scheme. As per the Sukanya scheme, the state government was supposed to deposit an amount of Rs 21,200 in bank for a girl child born in a BPL family.The Bhagyashree scheme aims at providing one lakh rupee on maturity after the girl completes 18 years of age. The Bhagyashree scheme will be linked to the Centre‟s „Beti Bachao Beti Padhao‟ scheme. Tripura Chief Minister Manik Sarkar launched North East India‟s first Kisan Call Centre (KCC) and farmers‟ portal(advisory to farmers for farm production under direct supervision of the experts) in Agartala. The call centre is financed by Tripura government and will be run by experts of agriculture, fisheries, horticulture and animal husbandry from a private enterprise. Prime Minister Narendra Modi launched the first indigenously developed and
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manufactured Rotavirus vaccine “Rotavac” to combat infant mortality due to diarrhoea, developed by Hyderabadbased Bharat Biotech. Rotavac vaccine was developed under the public-private partnership (PPP) model that involved Union Ministry of Science and Technology, institutions of the US Government and NGOs in India supported by the Bill and Melinda Gates Foundation. Foreign companies currently sell Rotavirus vaccines in India at Rs.1,100 per dose while Bharat Biotech proposed to sell Rotavac for Rs.63 per dose to the government of India and other low income countries. Haryana Chief Minister Manohar Lal Khattar launched „Aapki Beti Humari Beti‟ Scheme on the eve of International Women‟s Day i.e. 8 March at Panchkula district,Haryana. Under the scheme- 'Aapki Beti Humari Beti', it should be noted that: The scheme would be implemented in rural areas as well as urban areas of the state- Haryana. It will include the families having first girl child born on or after January 22, 2015 under Scheduled Caste (SC) and Below Poverty Line (BPL). They would be eligible to receive 21,000 rupees. Likewise, all the second girl child of all families who are born on or after January 22, 2015 will get 21,000 rupees. Families with twin girls or multiple girls, will get 21,000 rupees per girl child. Haryana CM launched the scheme by giving away a cheque of 21,000 rupees each to the mothers of six girl children born on or after January 22, 2015. A special budget provision would be made for this scheme in order to generate an environment which provides equal opportunities to the girls. Khattar also launched 'Haryana Kanya Kosh' for the welfare and development of girl child and women in the state. He himself contributed 1 lakh rupees to the Haryana Kanya Kosh and claimed to take
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efforts to increase the amount of this Kosh (Coffer) to 100 crore rupees. Bilateral Indian Foreign Secretary S. Jaishankar and his Pakistan counterpart Aizaz Ahmed Choudhury reached a brood understanding to continue the bilateral dialogue process. To boost bilateral relation and boost Buddhist and religious tourism a direct bus service has been launched between Varanasi and Kathmandu called BharatNepal Maitri Bus Seva. International Russian President revealed his Crimean take over plan. Sudan failed to arrest long time leader Omar-al-Bashir for genocide and war crimes and the International Criminal Court (ICC) referred the matter to the UN Security Council. Boko Haram of Nigeria has pledged allegiance to the Islamic State Militants group. As per report on nuclear weapons with 9 nuclear weapon countries India has 110 nuclear warheads 10 less than Pakistan with 120. USA & Russia have nearly 5000 each, China 200, UK 225, Israel 80. Pakistan has test fires the nuclear capable Shaheen-III surface to surface missilewith a rage of 2750 km. Solar Impulse 2 (Si2), the world‟s first solar flight which is on an around-theworld journey,successfully landed at the Sardar Vallabhbhai Patel International Airport in Ahmedabad, Gujarat and the aircraft will head next to varanashi. It is a Swiss long-range solar-powered aircraft project piloted by Swiss pilots Bertrand Piccard and Andre Borschberg .Aircraft weighs only 2,300 kg has 17,248 solar cells in its wings. Solar impulse started its 35000 km long journey from Abu Dhabi (UAE) on 9th march 2015. Its first halt was in Muscat (Oman). It will stop in Ahmedabad and Varanasi in India, Mandalay (Myanmar), Chongqing & Nanjing (China). Then it will cross Pacific Ocean via Hawaii and fly across the US and take 3 stops at Phoenix, the Midwest and New York City. Then it will cross Atlantic Ocean and stop
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in Southern Europe or North Africa and end its journey at Abu Dhabi. Pakistan on 9 March 2015 successfully conducted the first test of surface-tosurface Shaheen-III(English name-White Falcon-III ) ballistic missile near the Arabian Sea. The missile having a range of 2,750 km and Capable of carrying both nuclear as well as conventional warheads has been developed by Pakistan‟s Space and Upper Atmosphere Research Commission (SUPARCO) and NESCOM along with its subsidiary NDC.
Economy & Banking Against on earlier estimate of about Rs. 82000 cr. the govt. of India is likely to raise in excess of Rs. 100,000 cr. from the auction of 2G & 3G spectrum. Coal production has increased by 7% in the last nine months according to Union Coal Minister Piyush Goyal. SBI has sold 4% stake in CIBIL Credit Information Bureau India Ltd. one of the largest credit rating agency in India. Current Account Deficit doubled to 1.6% & 8.2 billion in the 3rd quarter against $ 4.2 billion in the 2nd quarter. Global consultancy firm Mckensey & Company has projected Indian GDP growth at 6.5% in 2016. IT department slapped $ 1.6 billion tax demand on Cairn Energy Plc of UK. BSE Sensex crashed over 600 points on reversal of USA Federal reserve rate cut. BHEL has commissioned another 600 mw super critical or energy efficient Barh thermal power project in Bihar. Punjab and Haryana High Court gave its approval for the $ 4 billion merger of Ranbaxy with Sun Pharmaceuticals. Award Kerala Tourism has won silver prize in the prestigious Golden Gate Award at the Internationale Tourismus-Börse Berlin (ITB-Berlin) – 2015. Kerala Tourism received the prize in the category of mulimedia-campaign for its global multimedia „The Great Backwaters campaign‟ in the television-commercial medium. This campaign has been conceptualised by Kerala Tourism‟s
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creative and marketing agency Stark Communications. Former Union Minister and senior Congress leader M. Veerappa Moily was selected for the prestigious Saraswati Samman for 2014 for his Kannada poem Ramayana Mahanveshanam. Divided into five volumes, Ramayana Mahanveshanam was first published in 2007 in Kannada. Later the poem was translated into English, Hindi, Telugu and Tamil. The selection for the award was made by a 13-member panel of scholars and writers headed by former Chief Justice of India RC Lahoti. Veteran Congress leader, former union minister, former chief minister of Karnataka and writer, M Veerappa Moily will receive the Saraswati Samman 2014 for his Kannada poem „Ramayana Mahanveshanam‟. He will be the second kannad author to receive the honour after S. L. Bhyrappa (2010). Saraswati Samman having cash price of Rs 10 lakh,was estabilished by K. K. Birla Foundation in the year 1991. Kerala Tourism‟s popular global multimedia campaign to promote the backwaters has won the Silver Prize in Golden Gate award at the Internationale Tourismus-Borse Berlin named ITBBerlin – 2015, the world‟s leading travel trade event. Earlier, The Great Backwaters campaign had won the Golden Gate Gold Prize in the Print category at the ITBBerlin 2014. Kerala Tourism had won the Golden Gate Silver Prize for its hugely successful ad campaign „Your Moment is Waiting‟ in the print category.
Person in news Former IPL commissioner Lalit Modi was removed from the post of Rajasthan Cricket Association president as the members of the association passed a noconfidence motion against him and his office-bearers at the Extraordinary General Meeting. With the 17 out of 18 members casting their votes against Modi, Amin Pathan is all set to take charge as the new chief. Visit Britain, the National tourism agency of Britain roped in Bollywood actor Saif
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DAILY UPDATED CURRENT AFFAIRS - 10.03.2015 TO 11.03.2015 Ali Khan to promote an India-centric campaign, Bollywood Britain. The agency through this campaign wants to focus on locations featured in Hindi films to attract. Sports Shikhar Dhawan cracked a scintillating century as a rampaging India on Tuesday created a record winning their ninth consecutive ICC Cricket World Cup match by demolishing Ireland by eight wickets to seal the top spot in the Group B table. It turned out to be an extended batting practice session for the 'Men In Blue' as they toppled the previous eight-match winning streak record of Sourav Gangulyled team in 2003. India's nine-match record started from their group league game against West Indies at Chennai back in 2011. United Arab Emirates won the bid to host AFC Asian Cup 2019 United Arab Emirates (UAE )won the bid to host Asian Football Confederation (AFC) Asian Cup 2019. The AFC Asian Cup 2019 will be the 17th edition of the games. The announcement was made by the AFC Executive Committee in a meeting at Manama, Bahrain. The UAE defeated Iran Football Federation (IFC) to win the hosting rights by unanimous vote. Saudi Arabia, Thailand, Oman and Kuwait had all bid for the event, with China and Bahrain withdrawing after showing initial interest more Indian visitors. It also wants to popularise Wales, Scotland and other destinations, which are not so popular among Indian tourists. Miscellaneous International Women‟s Day was observed across the world on 8 March 2015. The theme for the year 2015 is Make it Happen and it encourages effective action for advancing and recognizing women. The theme was declared by United Nations. The day represents an opportunity to celebrate the achievements of women while calling for greater equality. The Department of School Education and Literacy of the Ministry of Human Leading Institute for Banking, Railway & SSC
Resource Development (HRD) has released „Digital Gender Atlas for Advancing Girls Education‟ a web-based tool for advancing girls education in New Delhi. This web based tool was developed with the support of United Nations Children‟s Fund (UNICEF). The Atlas will help to identify and ensure equitable education with a focus on vulnerable girls, including girls with disabilities. To ensure this is feasible, the Gender Atlas was developed as a hands-on management tool to enable critical decisions and actions in pockets where gaps are to be met. These pockets particularly have been identified from marginalised groups such as scheduled castes (SC‟s), scheduled tribes (ST‟s) and Muslim minorities. As per the statistics, the total enrollment of girls in the primary classes is 48.66% while the percentage in secondary is 47.29%. Today’s Banking Term Arbitrage : Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market. Basel-II: The Committee on Banking Regulations and Supervisory Practices, popularity known as Basel Committee, submitted its revised version of norms in June, 2004. Under the revised accord the capital requirement is to be calculated for credit, market and operational risks. The minimum requirement continues to be 8% of capital fund (Tier I & II Capital) Tier II shall continue to be not more than 100% of Tier I Capital.
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