IBPS CLERKS MAIN 2016 -- DECEMBER 8 TO 13, 2016
08th December, 2016
Donald Trump named TIME Person
of the Year 2016
i. The TIME magazine has named US President-elect
Donald Trump as Person of the Year 2016 and called him the President of the
'Divided States of America'.
ii. The magazine cited his role for the stunning
victory in the US Presidential election.
iii. Prime Minister Narendra Modi was among the 11
candidates shortlisted by Time for its annual honour.
iv. Meanwhile, Modi won the online readers' poll
conducted by Time magazine for Person of the Year 2016, the second time he
emerged winner of the reader's choice poll.
Trump selects Iowa Governor
Branstad as U.S. envoy to China
i. U.S. President-elect Donald Trump has selected
Iowa Governor Terry Branstad as his incoming government's ambassador to China.
"Branstad has a tremendous understanding of China and the Chinese people
and is someone who very much impressed the President-elect.
ii. Terry Edward Branstad is an American politician
who is the 42nd Governor of Iowa, in office since January 2011. Branstad was
also the state's 39th governor from 1983 to 1999, and he was president of Des
Moines University from 2003 to 2009.
Nabard to provide Rs. 120 cr to
banks for setting up PoS devices in villages
i. The National Bank for Agriculture and Rural
Development (Nabard) on 08 December said it will extend support aggregating
about Rs. 120 crore to banks for deployment of two Point-of-Sale (PoS) devices
per village in one lakh villages having a population of up to 10,000.
ii. The move is aimed at taking rural India closer
towards cashless payment systems.
Important Union Cabinet
Approvals: 07 December 2016
i. Cabinet approves MoU with
Afghanistan on cooperation in peaceful uses of outer space
ii. Cabinet approves MoU
with United Kingdom UK to support ease of doing business in India
iii. India and United
Kingdom (UK) MoU for cooperation in field of Intellectual Property
approved.
iv. Cabinet approves Indo-Thai
agreement on narcotics control
Serendipity Arts Festival to be
held in Goa
i. The Serendipity Arts Festival (SAF) is scheduled
to be held from 16 December to 23 December 2016 in Goa.
ii. The festival will see a stellar line-up of 33
global artists, who will display their work at the eight-day inspiration-packed
festival.
iii. More than 40 exciting projects and exhibitions
featuring famous artists, like Kabi Raj Lama, Bandu Manamperi, Escif, Billy
Chang, SP Pushpakanthan, Lisa Stertz and Paquito Gonzalees, will be a part of
the festival.
Justice Mian Saqib Nisar
appointed next Chief Justice of Pakistan
i. Senior judge of the Supreme Court Justice Mian
Saqib Nisar was appointed as the next Chief Justice of Pakistan.
ii. Justice Nisar will take charge as chief justice
of the apex court on December 31.
IOC, BPCL, HPCL join hands to
set up India's biggest oil refinery
i. Indian Oil Corporation, Bharat Petroleum
Corporation and Hindustan Petroleum Corp have signed a pact to build India's
biggest oil refinery at a cost of $30 billion on the west coast.
ii. The three firms signed the pact for the
60-million tonne a year refinery in Maharashtra with IOCBSE 2.78 % as leader of
the consortium. The IOC will hold a 50 % stake in the project while BPCL and
HPCL will have 25 % each.
Mahila E-haat ties up with India
Post, SBI
i. The Women and Child Development Ministry has
tied up with India Post and SBI.
ii. This will offer more payment options to buyers
and simplify shipping of products bought from "Mahila E-haat", an
online marketing platform for women entrepreneurs.
Karnataka Bank gets award
i. Karnataka Bank Ltd has bagged the ‘Best MSME
Bank Award (private sector) 2016’ instituted by Assocham.
ii. Union Minister of State for MSME Haribhai
Parathibhai Chaudhary handed over the award.
Microsoft launches solutions for
SMEs
i. Microsoft has introduced business solutions from
its partner ecosystem to meet the business needs of small and medium businesses
across Kerala.
ii. Built by Microsoft’s ISV partners Smarter SMB
and IDOS, these solutions address key areas like Customer Relationship
Management (CRM) and Finance & Accounting and enhancing organisational
efficiency. These solutions will run on Microsoft cloud and will be available
at very low cost.
09th December, 2016
IDFC Bank appoints Veena Mankar
as Non-Executive Chairperson
i. The board of directors of IDFC Bank has approved
the appointment of Veena Mankar as Non-Executive Chairperson, with effect from
December 9, 2016, up to July 26, 2018.
ii. The appointment is subject to approval by the
Reserve Bank of India.
iii. Anil Baijal stepped down from the board on
December 8, 2016 at the end of his tenure from the shaft of Non-Executive
Chairman. IDFC Bank Ltd.
Nana Akufo-Addo wins Ghana
presidential election
i. Ghana's main opposition leader Nana Akufo-Addo
has won the country's presidential election with an absolute majority.
ii. Private radio stations have projected a massive
victory for Nana Akufo-Addo over President John Mahama.
Harry Potter tops Amazon's
best-selling books of 2016
i. Amazon, which started as an online book
retailer, has announced Harry Potter and the Cursed Child as the best-selling
book of 2016.
ii. The
playscript by JK Rowling, Jack Thorne and John Tiffany, was also named this
year's 'Most Wished For' and 'Most Gifted' book.
US designates India as Major
Defence Partner
i. India and the United States vowed to expand the
bilateral defence cooperation.
ii.Outgoing American defence secretary Ashton
Carter met his counterpart Manohar Parrikar in New Delhi for the
record-breaking seventh time.
iii. He termed New Delhi as a "major defence
partner".
Haritha Keralam Mission launched
by Kerala CM Pinarayi Vijayan
i. Kerala chief minister Pinarayi Vijayan has
launched Haritha Keralam Mission in Thiruvananthapuram on December 8.ii.
Railway Minister Suresh Prabhakar Prabhu launched a website of National Rail
Plan, 2030 (NRP-2030) on December 8, 2016 Rail Bhawan, New Delhi, to
develop the Indian Railways in terms of service in travelling and freight
across the country.
iii. The website is http://www.nationalrailplan.in.
Two Banks of Abu Dhabi to Merge
as the Biggest Bank in Gulf Nation
i. Stockholders of the National Bank of Abu Dhabi
and First Gulf Bank on December 7, 2016, approved to merge into the biggest
bank of all Gulf Countries with an asset of $ 178 billion.
ii. After the merger the combined company will be
named as NBAD.
iii. The FGB shareholders will receive 1.254 NBAD
shares for each FGB share they hold and FGB stockholders will own 52% of the
new bank.
Pakistan Lifts Undeclared Ban on
Import of Ginned Cotton from India
i. Pakistan has removed an “undeclared” ban on
import of ginned cotton from India.
ii. Earlier from November 23, The Department of
Plant Protection (DPP) of the Ministry of National Food Security and Research
had banned the cotton imports from India through Wagah and Karachi port as the
shipments did not fulfil phyto- sanitary conditions.
India to set up center of
excellence at Al-Azhar University, Egypt
i. In order to enhance cooperation in education
sector between India and Egypt, Center has decided to set up a center of
Excellence in Information Technology at the Al-Azhar University which is the
oldest and most prestigious the University of Egypt.
Vistaar appoints ex-Sebi chief C
B Bhave as non-executive Chairman
i. Vistaar Financial Services, an MSME-focused
financing firm, today said it has appointed former Sebi chief C B Bhave as
non-executive Chairman and Independent Director.
ii. Prior to SEBI, he has worked as the Chairman
and Managing Director of National Securities Depositories Ltd (NSDL).
PR Sreejesh Appointed as
Goalkeeping Mentor of Indian Junior Hockey Team
i. Captain of the senior National Men’s Hockey Team
and one of the finest hockey goal-PR Sreejeshkeeper in the world, PR Sreejesh
has been roped in as the Goalkeeping Mentor of the India Under-21 Hockey Team
from December 8, 2016.
18-year-old Mumbaikar Jehan
Daruvala signs for Formula 3
i. Young Indian racer Jehan Daruvala has been
signed by Formula 3's top team Carlin for the 2017 FIA F3 European
Championship.
ii. The 18-year-old started his racing career in
karting in 2009 and won his first national title in 2010 aged 11.
John Glenn, first American in
orbit, dies at 95
i. Former NASA astronaut and Democratic US Senator
from Ohio , John Glenn, has passed away at the age of 95.
ii. On February 20, 1962 Glenn flew the NASA
mission Friendship 7, becoming the first American to orbit the Earth.
10th December, 2016
Human Rights Day: 10 December
i. The Human Rights Day is observed across the
world on 10 December every year.
ii. The day aims at promoting and raising awareness
of the two Covenants of Human Rights Day.
iii. Human Rights Day was established in 1948,
and ever since that auspicious day it has stood as the first major stride
forward in ensuring that the rights of every human across the globe are
protected.
India, Vietnam ink nuclear
cooperation pact, three other agreements
i. India and Vietnam have signed a civil nuclear
cooperation agreement, with Prime Minister Narendra Modi is asserting that it
will further strengthen the comprehensive strategic partnership between the two
countries.
ii. The two countries also signed three other
agreements — to enhance aviation links, to jointly work in the area of energy
efficiency and promotion of parliamentary cooperation.
Kerala launches mobile apps to
fight corruption
i. The Kerala government has launched two mobile
applications which can be used to upload information regarding graft.
ii. Chief Minister Pinarayi Vijayan launched the
applications - 'ArisingKerala' and 'Whistle Now - at a function here on the
occasion of International Anti-Corruption Day.
iii. Using the apps, people can upload videos and
audios related to corruption around them.
Onir’s documentary on Down Syndrome wins
international award
i. Indian filmmaker Onir's documentary, 'Raising
The Bar' has won the 'Award of Recognition' at the 'Hollywood International
Independent Documentary Awards'.
ii. The documentary is about six Indian and
Australian youth with Down Syndrome. "I have always celebrated human
rights and diversity.
21st International Film Festival
of Kerala begins
i. The 21st International Film Festival of Kerala
began in Thiruvananthapuram on 09 December 2016.
ii. It opened with Navid Mahmoudi's directorial
debut 'Raftan,' which narrates the story of a couple attempting to migrate from
Iran to Europe.
iii. The eight-day festival, hosted by the Kerala
State Chalachitra Academy on behalf of the Kerala Cultural Affairs Department,
is set to showcase 184 films from 62 countries.
Coca-Cola CEO Muhtar Kent to
step down
i. Muhtar Kent has announced that he will step down
as the CEO of Coca-Cola in May 2017 and will be succeeded by company President
and COO James Quincey.
ii. Kent, who has been CEO since 2008, will
continue as Chairman.
Japan launches Kounotori 6 cargo
spaceship to ISS
i. Japan has successfully launched a rocket
carrying the unmanned cargo spaceship Kounotori 6 to deliver supplies for
astronauts living in the International Space Station (ISS).
ii. The H-2B rocket carrying the spaceship lifted
off from the Tanegashima Space Centre in Kagoshima Prefecture, southwestern
Japan.
iii. The spaceship, sixth of its kind, carries some
5.9 tonnes of supplies, including food, drinking water and other necessities,
as well as some batteries and ultrasmall satellites.
Peter Gilchrist wins the Long Up
title of 2016 IBSF World Billiards
i. Peter Gilchrist of Singapore defeated Sourav
Kothari to win the 2016 IBSF World Billiards Long Up title on 8 December
2016.
ii. The event was held in Bengaluru, India.
iii. Peter defeated Sourav by 883 points with a
score of 1500-617.
Channel DigiShala Launched to
Educate Rural India about Cashless Transaction
i. Union Minister of Electronics and Information
Technology (MeitY), Ravi Shankar Prasad, launched a TV channel named
‘DigiShala’ on December 9, 2016 to promote cashless transaction in
rural areas.
ii. Apart from the channel, the government also
initiated ‘Digi Dhan Abhiyan’ to achieve the objective of educating, enabling
and informing citizens about the cashless economy. “DigiShala” is a
free-to-air channel which is telecasted nationally on DD free-DTH service
having a viewership of two crore across the country.
L&T bags contract to convert
Sardar Patel Stadium to world’s biggest cricket stadium
i. Larsen & Turbo (L&T) has bagged a
contract from the Gujarat Cricket Association (GCA) to make Sardar Patel
Cricket Stadium of Gujarat the world’s biggest cricket stadium in terms of
seating capacity.
ii. Sardar Patel Cricket Stadium is situated in
Motera, Ahmadabad in Gujarat.
iii. After the renovation, it will take
over the Melbourne Cricket Ground of Australia in terms of seating capacity.
Melbourne Cricket Ground has a seating capacity of 100,024 people while the
renovated Sardar Patel Stadium will have 1,10,000 seats as against 54,000
seats.
11th December, 2016
India-UK Conference on Ease of
Doing Business concluded
i. The India-UK Conference on Ease of Doing
Business concluded in New Delhi on 10 December 2016.
ii. This conference on Ease of Doing Business would
act as an opportunity to enhance the strategic bilateral partnership between
the two nations to the next level.
iii. The two-day conference was jointly inaugurated
by Ramesh Abhishek, Secretary of Ministry of Commerce and Industry and Dominic
Asquith, the British High Commissioner.
iv. This partnership on Ease of Doing Business of
the two nations is important because it will play a role that the business
environment plays in encouraging trade, investment, innovation and economic growth.
28th Edition of SIMCON 2016, chaired by I&B Minister, M. Venkaiah Naidu
i. The 28th State Information Ministers Conference
(SIMCON), 2016, was organised by the Ministry of Information & Broadcasting
from December 9 to December 10, 2016 at Vigyan Bhawan, New Delhi.
ii. I&B Minister Shri Venkaiah Naidu chaired
SIMCON 2016ii. The two day conference was chaired by Minister for Information
& Broadcasting, Shri M. Venkaiah Naidu.
iii. The aim of the confrence is promote
partnership among Centre and State, to discuss key issues in the films &
broadcasting sector and new initiatives undertaken in the information domain.
Viola Desmond first Canadian
woman on banknote
i. A black civil rights leader who led a struggle
against anti-black segregation and racism in Canada in the 1940s will be the
first Canadian woman to figure on a banknote.
ii. Viola Desmond will appear on the Canadian $10
bill - replacing the nation's first prime minister John A Macdonald who will be
moved to a higher bill - when new banknotes go into circulation in 2018.
iii. Desmond, an icon of the human rights and
freedoms movement in Canada, was selected from a list of five iconic
Canadian women by Finance Minister Morneau, in accordance with the Bank of
Canada Act.
Rajendar Kumar Appointed New
CBDT Member
i. Senior Indian Revenue Service officer Rajendra
Kumar has been appointed as the new Member of the Central Board of Direct Taxes
(CBDT), the policy making body for the Income Tax Department.
ii. The orders for appointment of Kumar, a
1980-batch Indian Revenue Service officer, was issued by the Appointments
Committee of the Cabinet.
iii. The Central Board of Direct Taxes is a
statutory authority functioning under the Central Board of Revenue Act, 1963.
The CBDT is headed by a chairman and can has six members. It is headquartered
at New Delhi
Committee headed by Ratan P.
Watal submitted its report to Finance Minster to boost Digital Payment
i. The committee formed by Finance Ministry to
boost Digital Payment system in India that was headed by Shri. Ratan P. Watal
submitted its report to Finance Minister Arun Jaitley on 09 December 2016.
ii. The committee has recommended to bridge the
gaps between those are digitally active and those are not, by promoting
competition, open access & interoperability in payments.
iii. The report also recommended including those
group of citizens into the digital payment system who are not well versed with
it so that they can use it for their benefit and reduce dependence on cash.
Safeguarding of the digital security system should also be maintained.
Rajasthan High Court Strucks
SBCs 5% quota.
i. The Rajasthan High Court on December 9, 2016,
cancelled the Rajasthan Special Backward Classes (SBC) reservation Act 2015
that allowed for 5% quota to Gujjars and five other communities of the state.
ii. A division bench of justices M N Bhandari and J
K Ranka struck down the notification of October 2015 saying that it was in
violation with the 50% limit set by the Supreme Court.
iii. In September 2015, the Rajasthan Assembly,
passed separate Bills to provide five per cent reservation to Gujjars and other
communities under Special Backward Classes (SBC) and 14 per cent to
Economically Backward Classes (EBC) of unreserved categories.
iv. According to the Act 5% reservation in jobs and
educational institutes were given to five communities namely, Gujjars
(Gurjars), Banjara (Baldia, Labana), Gadia-Lohar (Gadolia), Raika (Rebari,
Debasi), Gadaria (Gaadri, Gayari).
Civil Engineer Iqbal Sayed
becomes first Indian to medal at Mr Olympia
i. Mumbai's Iqbal Sayed, who works as a civil
engineer with Reliance Infrastructure and Mumbai Metro, became the first Indian
to win a medal at the Mr Olympia event, after securing a silver medal in the
event.
ii. Sayed beat participants from 20 countries to
finish second in the Olympia Amateur Asia 2016's Classic Bodybuilding category.
Virat Kohli Becomes First Indian
Captain To Score Three Double Centuries
i. Virat Kohli became the first Indian to score
three double hundreds in a year, playing against England on 11th December 2016.
ii. His first-ever Test double century came against
West Indies this year, followed by another against New Zealand.
iii. There are only three batsmen who had scored
three double centuries and one batsman who has scored 4 double centuries in a
single year.
12th December, 2016
Pranab Mukherjee launches
Kailash Satyarthi’s ‘100 Million for 100 Million’ campaign
i. President Pranab Mukherjee has launched a
campaign, to end child labour, child slavery and violence against children.ii.
He launched the '100 Million for 100 Million Campaign' organised by The Kailash
Satyarthi Children's Foundation.
iii. The effort to mobilise 100 million youth for
shaping a better future of 100 million underprivileged children is the
beginning of a change.
CM Mehbooba Mufti flags off
first children special train in valley
i. Chief Minister of Jammu and Kashmir Mehbooba
Mufti has flagged off the first-of-its-kind train on 11th December at Banihal
that en routes from Quazigund, Anantnag, Awantipur, Srinagar, Budgam, Sopore
and Baramula.
ii. The union, railway minister Suresh Prabhu
tweeted that nearly 612 children of various schools will board the train.
iii. The railway's department is planning to run
the children special train every second Sunday in coordination with Jammu and
Kashmir state education department, shared Prabhu.
Rajasthan govt
launches mobile app for tourists
i. Rajasthan government has recently launched a
mobile App that provides the latest information about tourist
attractions in Ajmer and Pushkar.
ii. The app LeZgo provides inputs in 12 prominent languages.
ii. The app LeZgo provides inputs in 12 prominent languages.
iii. The App will soon be localised for Jaipur,
Udaipur, Jodhpur, Pali and Bharatpur.
Uttar Pradesh and Tata Trust
Ties to Strengthen Public Distribution System
i. The Uttar Pradesh Government has tied up with
Tata Trusts to acquire digital platforms to strengthen the public distribution
system (PDS) in the state.
ii. As per the Agreement, Tata Trusts has installed
electronic Point of Sale devices (ePOS) in various urban region shops of
Lucknow, to ensure operation of an Aadhaar-enabled Public Distribution System
(AePDS) at a fair price.
Paolo Gentiloni named as Italy's
new Prime Minister
i. Paolo Gentiloni has been named as Italy's new
Prime Minister following reformist leader Matteo Renzi's resignation in the
wake of a crushing referendum defeat.
ii. Gentiloni, who served as the Foreign Minister
under Renzi, was asked by President Sergio Mattarella to form a new centre-left
government on 11th December that will guide Italy to elections due by February
2018.
IAMAI sets up committee to work
on fighting online piracy
i. Internet and Mobile Association of India (IAMAI)
has constituted a committee to fight against the problem of online piracy and
develop suitable business standards and best practices for the digital
entertainment industry.
ii. Ajit Mohan of Hotstar will be the chairman of
the committee, while it will be co-chaired by Uday Sodhi of SET India and Salil
Kapoor of HOOQ.
OPEC, non-OPEC Agree to Cut Oil
Output to Boost Oil Prices
i. The Organisation of the Petroleum Exporting
Countries (OPEC) and non-OPEC Russia, on December 10, 2016, reached a mutual
agreement on their first deal since 2001, to jointly restrict oil production to
control the excess global availability of the oil and thus boost oil prices.
ii. It is the first time in 15 years that a global
pact has been struck.
Cyrus Mistry removed as Director
of Tata Industries
i. Cyrus Mistry was today removed as director of
Tata Industries at the Tata Industries Extraordinary General Meeting.
ii. Tata Sons claimed that his presence as director
"is likely to lead to fragmentation of the Tata Group".
iii. In October, Mistry was removed as chairman of
Tata Sons.
World's longest tunnel opens
regular service in Switzerland
i. The world’s longest tunnel, Gotthard Base Tunnel
(GBT) in Switzerland was opened for regular rail services on 11 December
2016.
ii. It got a ceremonial wave off in June this year with top European leaders like German Chancellor Angela Merkel and French President Francois Hollande hopping on to experience the very first ride through the marvel.
iii. It will be carrying passengers under the Swiss Alps from Zurich to Lugano.
ii. It got a ceremonial wave off in June this year with top European leaders like German Chancellor Angela Merkel and French President Francois Hollande hopping on to experience the very first ride through the marvel.
iii. It will be carrying passengers under the Swiss Alps from Zurich to Lugano.
China launches advanced weather
satellite Fengyun-4
i. China has launched the first of its new
generation weather satellites Fengyun-4.
ii. The New technology on the satellite will
improve the accuracy of weather forecasts -just in time for the winter
season.iii. It was China’s First second-generation weather satellites launched
as well as the country’s first quantitative remote-sensing satellite in the
geostationary orbit.
Dipa Karmakar's biography to be
co-authored by her coach
i. Bishweshwar Nandi, coach of Dipa Karmakar who
made India proud at the Rio Olympics with her performance in the field of
gymnastics will co-author her memoir titled: “Dipa Karmakar: The Small Wonder”.
ii. The book will have many untold stories of
struggle and triumph beside rare archival photos from the Karmakars’ private
album as well as competition photos from the Olympics and Commonwealth Games.
13th December, 2016
India, Indonesia sign three
agreements
i. India and Indonesia have signed three agreements
following delegation-level talks headed by Prime Minister Narendra Modi and
visiting Indonesian President Joko Widodo on 12th December.
ii. President Widodo was on a two-day visit to
India from 12 December to 13 December 2016.
iii. Agreements are:
1. MoU on Youth and Sports Cooperation
2. MoU on Standardization Cooperation between the
Bureau of Indian Standards and the National Standardization Agency of
Indonesia.
3. Joint Communiqué on the Voluntary International
Cooperation to Combat Illegal, Unregulated and Unreported (IUU) Fishing and to
promote Sustainable Fisheries Governance between the Union Government and the
Government of Indonesia.
Nitin Gadkari lays foundation
stones for Rs 1152 Cr projects in Manipur
i. Nitin Gadkari, the Union Minister for Road
Transport, Highways and Shipping laid the foundation stones for 17 road
projects on 11 December 2016 during two functions held at Jiribam and Imphal.
ii. The project’s overall cost is estimated to be
around Rs 1152 Cr.
iii. Also, present in the function at Jiribam was
the Union Minister of Human Resource Development- Prakash Javedkar along with
other BJP leaders.
Antonio
Guterres sworn in as UN Secretary-General
i. Antonio Guterres, a former Portuguese Prime
Minister, was sworn in as the ninth UN Secretary-General on 12th December 2016,
succeeding Ban Ki-moon as the chief of the 71-year old world body.
ii. President of the UN General Assembly Peter
Thomson administered the Oath of Office to Guterres at a special plenary
meeting of the 193-member General Assembly.
EU, Cuba sign first agreement on
political cooperation
i. The EU has signed a deal with Cuba on political
dialogue and cooperation, with Cuba being the only Latin American country to
lack such an agreement earlier.
ii. This comes after EU repealed its 1996 policy
which stated that Cuba must improve its human rights conditions before
normalisation talks with EU. The deal covers issues like trade, human rights
and immigration.
Punjab govt launches country's
1st amphibious bus project
i. The Punjab government has launched country's
first amphibious bus project at the Harike wetland near Amritsar.
ii. The project has cost the state government over
Rs 11 crore.
Pankaj Advani beats Peter
Gilchrist in final to win his 11th World Billiards Championship
i. Ace Indian cueist Pankaj Advani on 12th December
2016 won his 11th World Billiards (150-Up format) Championships title by
beating Peter Gilchrist of Singapore in the summit clash in Bengaluru.
ii. Advani beat multiple world champion Gilchrist
by six games to three in a gripping final contest to wrap up his 16th world
title overall.
US: Vivek Ramaswamy, Apoorva
Mehta included in Forbes' under 40 rich list
i. Two Indian-origin men have figured in Forbes
magazine's second annual list of wealthiest entrepreneurs under the age of 40
which is topped by Facebook founder Mark Zuckerberg.
ii. Vivek Ramaswamy, a successful biotech
entrepreneur has been ranked 24th on 'America's Richest Entrepreneurs Under 40
2016' list with a net worth of 600 million dollars and Apoorva Mehta stands at
31st spot with a 360 million dollars net worth.
iii. Ramaswamy, 31, a Harvard University and Yale
School of Management alumnus, continues to make waves in the biotech business
with his deals and drug development plans
Lt Gen Naveed Mukhtar appointed
new ISI chief
i. Lt. Gen. Naveed Mukhtar has been appointed as
the new Director-General of the Inter-Services Intelligence (ISI).
ii. He replaces Lt. Gen. Rizwan Akhtar who has been
appointed as president of the National Defence University (NDU) in
Islamabad.
iii. Earlier, Lt. Gen. Mukhtar was the Commander of
V Corps of Karachi from September 2014 to December 2016.
iv. He was commissioned in the Armored Corps
regiment in 1983. He was promoted to the rank of Lieutenant General and posted
to the army's Corps V in September 2014
Cyrus Mistry removed as director
of Tata Industries
i. Cyrus Mistry has been removed as director of
Tata industries. Mistry, who was earlier removed from the post of chairman of
Tata Industries, was removed as director after an Extraordinary General Meeting.
Cristiano Ronaldo
voted best footballer in the world for 4th time
i. Real Madrid forward Cristiano Ronaldo beat rival
Lionel Messi to win the prestigious Ballon d'Or award for the fourth time.
ii. Ronaldo also took home Ballon d'Or prize in
2013 and 2014, and FIFA award in 2008 while still playing for Manchester
United.
ADB cuts India's growth forecast
to 7% post-demonetisation
i. The Asian Development Bank on Tuesday lowered
India's growth forecast for this year from 7.4 % to 7 % due to a slight
slowdown in the economy following the central government's demonetisation move.
ii. The Manila-headquartered ADB's review said the
shortage of cash after the demonetization of Rs 1,000 and 500 notes were one of
the reasons for the decline in India's economic growth in 2016.
iii. ADB highlighted weak investments and slow down
in the agricultural sector in the country among other reasons for the fall.
Rajiv Gandhi airport achieves
carbon neutral status
i. The Rajiv Gandhi International Airport (RGIA),
Hyderabad has achieved carbon neutral status.
ii. It is the first in the Asia-Pacific region in
the 5-15 million passengers per annum category to attain this status.
iii. Earlier in September 2016 GMR Group-led
Delhi Airport had become the first airport in Asia-Pacific to achieve carbon
neutral status among all categories.
ISRO signs deal for first
privately built satellite
i. The Indian Space Research Organisation (ISRO)
has signed an agreement with a consortium of six companies to deliver India's
first industry-built satellite by late 2017.
ii. The agreement was signed between M Annadurai,
Director of ISRO Satellite Centre (ISAC) and the consortium lead Alpha Design
Technologies P Ltd.
iii. ISAC assembles India's satellites for
communication, remote sensing and navigation. It is for the first time that
ISRO outsourced the construction of entire satellite.
Post a Comment