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Daily GK Update – Current Affairs – 30th January 2016

February 01, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 30th January 2016

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1. Uttar Pradesh joins UDAY scheme
i. Uttar Pradesh became the fourth state to join the Centre’s scheme to revive state electricity distribution utilities on Saturday. The state government signed a memorandum of understanding with the Centre and the Uttar Pradesh Power Corporation Ltd, the holding company of the various electricity distribution utilities in the state.
ii. Under the Ujwal DISCOM Assurance Yojana (UDAY), the state government will take over Rs. 39,900-crore of debt of the electricity distribution utilities. The balance Rs. 13,300-crore of debt will be issued as state guaranteed DISCOM bonds at coupon rates that are 3 per cent lower than the current interest cost. This would help save the distribution utilities Rs. 1,600 crore annually.

iii. Efficiency measures including reduction of AT&C losses will help bring additional revenue of Rs. 17,700 crore to the distribution utilities.
iv. The four states – Jharkhand, Chhattisgarh, Rajasthan and Uttar Pradesh – which have signed MoUs for joining UDAY, account for about 35 per cent of the outstanding loans of state electricity distribution utilities in the country.
v. Uttar Pradesh expects to start issuing the bonds by the second week of February. “There is very good investor appetite for the bonds. We have had discussions with insurance companies, provident fund organisations and liquidity does not appear to be a problem,” Goyal added.
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Daily GK Update – Current Affairs – 29th January 2016

February 01, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 29th January 2016

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1. Union Government announced 1st batch of 20 smart cities from 11 States and Delhi
i. Union Ministry of Urban Development on 28 January 2016 announced the 1st batch of 20 smart cities from 11 States and Union Territory of Delhi under the Smart Cities Mission. The 20 cities were selected through the Smart City Challenge competition that saw the participation of 1.52 crore citizens from 97 cities and towns.
ii. 23 States and Union Territories who could not make to the list of winners will be given an opportunity to participate in a fast track competition. Among the 20 cities and towns, 3 cities are from Madhya Pradesh, two each from Andhra Pradesh, Karnataka, Tamil Nadu, Gujarat, Maharashtra and Rajasthan and one each from the remaining five made it to the winning list.

iii. The 20 winning cities and towns have proposed a total investment of 50802 crore rupees over five years with all the cities proposing Public-Private-Partnership (PPP) as a major vehicle of resource mobilization. A total area of 26735 acres has been identified by these cities for making them smart through necessary interventions.
iv. These 20 cities account for a total population of 3.54 crore and 5 have  population below 5 lakhs each, 4 in the range of 5-10 lakhs, 6 in between 10-25 lakhs, 4 between 25 and 50 lakhs and only Ahmedabad has above 50 lakhs.
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Daily GK Update: 28th January, 2016

February 01, 2016 By: milind Category: Current Affairs

Daily GK Update: 28th January, 2016

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150th birth anniversary of Lala Lajpat Rai

i. 150th birth anniversary of great freedom fighter Lala Lajpat Rai, also known as Punjab Kesri is being celebrated 28th January 2016.
ii. To celebrate this occasion a state level function has been organised in Punjab and special event will be held at village Dhudi Ke, the birth place of Lala Lajpat Rai in Moga district.
iii. State government also has organised various seminars and symposia at many places in Punjab to remember Lala Lajpat Rai.
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Daily GK Update – Current Affairs – 26th and 27th January 2016

January 28, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 26th and 27th January 2016

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1. 67th India’s Republic Day celebrated
i. Republic Day 2016 was celebrated on 26 January 2016 across the nation. This was the 67th Republic Day of India. President of France Francois Hollande was the Chief Guest at 67th Republic Day parade.
ii. First Republic Day was celebrated on 26 January 1950 when India became a Republic with Constitution of India coming into force on this day replacing the Government of India Act (1935) as the governing document of India.

iii. For the first time since 1950, a foreign army contingent marched down the Rajpath during the Republic Day parade. The 76-member French Army contingent was the participant of the parade. The parade witnessed participation of some of India’s most highly trained dogs from the army’s Veterinary Corps, after 26 years.
iv. The celebration was curtailed by 25 minute. The duration was brought down to 90 minutes from 115 minutes, but the format will remain the same. For the first time, an all-women stunt contingent named ‘Women Daredevils CRPF’ comprising of 120 soldiers will performed stunts on bikes. Apart from this women officers were also 2nd in command to the contingents of Air Force, Coast Guard and Navy.
v. For the first time, the tableau of ex-servicemen of Army veterans was also showcased in the parade. The VVIP enclosure had a motorised glass roof so as to protect them from rain and cold weather, as in 2015 Chief guest Barack Obama and Michelle Obama held umbrellas to protect themselves from the drizzle at the Republic Day parade event.
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Daily GK Update – Current Affairs – 23rd January 2016

January 23, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 23rd January 2016

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1. Jan Dhan accounts deposits cross Rs. 30,000 cr
i. Deposits in accounts opened under the government’s flagship financial inclusion programme —— Pradhan Mantri Jan Dhan Yojana (PMJDY) —— have crossed the Rs. 30,000 crore mark. As many as 20.38 crore bank accounts were opened under the PMJDY as on the January 20, as per the latest data available. These bank accounts had deposits of Rs. 30,638.29 crore (about $4.5 billion).
ii. The accounts that can be opened under PMJDY are Basic Savings Bank Deposit Accounts (BSBDA) which can be of zero balance, as per RBI guidelines. As per the trends available, the percentage of accounts with ‘Zero Balance’ have actually shown a significant decline.

iii. Accounts with no balance in them were as high as 76.81 per cent of the total opened under the scheme as on September 30, 2015. They have come down to just about 32 per cent at the end of December.
iv. The Finance Ministry data further showed that 8.74 crore of the accounts were seeded with Aadhaar and 17.14 crore account holders were issued RuPay cards. The data further revealed that as on January 15, banks had offered 53.54 lakh account holders overdraft facility of which the sanction was issued for 27.56 lakh cases and 12.32 lakh account holders availed it. The total amount availed was Rs. 166.7 crore.
v. The OD is granted to an earning member of the family, with a condition that the account has been operated satisfactorily for at least 6 months.
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Daily GK Update – Current Affairs – 22nd January 2016

January 23, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 22nd January 2016

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1. 19th National Conference on e-Governance begins in Nagpur
i. The nineteenth edition of National Conference on e-Governance has begun on 21 January 2016 in Nagpur, Maharashtra. It was inaugurated by the Union Minister for Road Transport & Highways Nitin Gadkari and the Minister of State for Personnel, Public Grievances & Pensions Dr. Jitendra Singh.
ii. This edition of conference has been organised by Department of Administrative Reforms and Public Grievances (DARPG) in in association with the Government of Maharashtra.

iii. The two day conference aims at discussing various aspects of e-Governance ranging from Technology Enabled Services to Cyber Security framework. More than 600 delegates have participated in the conference including 150 delegates from Maharashtra and 250 from other States and 50 participants from the Private Sector.
iv. The Conference also included an exhibition and brainstorming sessions on-Governance by subject experts. Four books on e-Governance were also released at the inaugural session. National Awards for e-Governance for the Year 2015-16 in eighteen categories including 10 Gold and 8 Silver under various categories were presented during the Valedictory Session.
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Daily GK Update – Current Affairs – 21st January 2016

January 23, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 21st January 2016

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1. Amitabh Bachchan, Priyanka Chopra replace Aamir Khan as ‘Incredible India’ brand ambassadors
i. The selection of the two actors follows the Centre’s decision to discontinue the contract of actor Aamir Khan, who had angered the BJP-led government with his remarks on perceived intolerance in the country. Khan had promoted Indian tourism for a decade as the brand ambassador.
ii. A number of multi-disciplinary icons, including famous sports personalities, were shortlisted by the tourism ministry to be the face of the ‘Incredible India’ campaign.

Other suggestions being considered include choosing a female personality as the mascot for the ‘Atithi Devo Bhava’ series which is part of the ‘Incredible India’ campaign to attract foreign tourists.
iii. Khan had late last year stirred a controversy after he expressed “alarm and despondency” over rising instances of intolerance in the country in the past few months and said that his wife (Kiran Rao) even asked if they should move out of India as she feared for the safety of their children.
iv. Defending Khan’s exit from the campaign, senior bureaucrat Amitabh Kant had said the actor, by terming India an ‘intolerant country’, worked against his role as that of a brand ambassador.
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Daily GK Update – Current Affairs – 20th January 2016

January 23, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 20th January 2016

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1. PSLV-C31 successfully launched IRNSS-1E satellite
i. The Indian Space Research Organisation (ISRO) on 20 January 2016 successfully launched the Indian Regional Navigational Satellite System (IRNSS) 1-E satellite. The satellite will provide navigation, tracking and mapping services to the Indian sub continent.
ii. The satellite is the fifth of the IRNSS constellation. It was launched from the Satish Dhawan Space Centre (SHAR), Sriharikota in Andhra Pradesh on-board the PSLV-C31. The Polar Satellite Launch Vehicle (PSLV)-C31 was the 32nd consecutively successful mission of the PSLV. The ‘XL’ configuration of PSLV was used for this mission.

iii. This is the eleventh time ‘XL’ configuration was flown, earlier ten being PSLV-C11/Chandrayaan-1, PSLV-C17/GSAT-12, PSLV-C19/RISAT-1, PSLV-C22/IRNSS-1A, PSLV-C25/Mars Orbiter Spacecraft, PSLV-C24/IRNSS-1B, PSLV-C26/IRNSS-1C, PSLV-C27/IRNSS-1D, PSLV-C28/DMC-3 and PSLV-C30/ASTROSAT  missions.
iv. IRNSS-1E, weighing 1425 kg, is the fifth of the seven satellites constituting the IRNSS. IRNSS-1A, 1B and 1C and 1D, the first four satellites of the constellation, were successfully launched by PSLV in July 2013, April 2014, October 2014 and March 2015 respectively.
v. The navigation payload of IRNSS-1E will transmit navigation service signals to the users. This payload will be operating in L5-band and S-band. A highly accurate Rubidium atomic clock is part of the navigation payload of the satellite.
vi. It is an independent regional navigation satellite system designed to provide position information in the Indian region and 1500 km around the Indian mainland. It would provide two types of services, namely, Standard Positioning Services (SPS), which will be provided to all users, and Restricted Services (RS) that will be provided to authorised users only.
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Daily GK Update – Current Affairs – 19th January 2016

January 20, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 19th January 2016

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1. UNWTO released World Tourism Barometer
i. The World Tourism Organization (UNWTO) on 18 January 2016 released the World Tourism Barometer, which reviewed trends in tourism at the regional and global level for 2015 and enumerated prospects for 2016.
ii. As per the publication, international tourist arrivals grew by 4.4 percent in 2015 to reach a total of 1184 million in 2015. In numbers, around 50 million more travelers were recorded in 2015 compared to that 2014.
iii. 2015 marks the 6th consecutive year of above-average growth, with international arrivals increasing by 4 percent or more every year since the post-crisis year of 2010. The tourist arrivals, in 2015, were largely influenced by exchange rates, oil prices and natural and manmade crises in many parts of the world.

iv. Growth in advanced economy destinations (5 percent growth) exceeded that of emerging economies (4 percent), boosted by the solid results of Europe (5 percent). By region, Europe, the Americas and Asia and the Pacific all recorded around 5 percent growth in 2015.
v. Arrivals to the Middle East increased by 3 percent, while in Africa points to an estimated 3 percent decrease mostly due to weak results in North Africa, which accounts for over one third of arrivals in the region.
vi. Based on the current trend and this outlook, UNWTO projects international tourist arrivals to grow by 4 percent worldwide in 2016. Among the world’s top source markets, China, with double-digit growth in expenditure every year since 2004, continues to lead global outbound travel.
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Daily GK Update – Current Affairs – 17th and 18th January 2016

January 20, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 17th and 18th January 2016

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1. India’s Dinesh Sharma elected to Board of Directors of AIIB
i. India’s Dinesh Sharma on 17 January 2016 was elected to the 12-member board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB). A secret ballot for the post was held on 16 January 2016.
ii. It is the first Board of Directors of AIIB in which 57 nations are founding members including India. The inaugural meeting of the board of the governors of the AIIB was held in Beijing after its formal launch. The meeting approved by-laws, rules and codes of conduct for the bank.
iii. Union Finance Minister of India Arun Jaitley is the designated governor of the AIIB from the country. However, he was represented by Sharma at the meeting. Sharma is currently serving as the Additional Secretary of Ministry of Finance.

iv. AIIB holds authorised capital of 100 billion US dollars and subscribed capital of 50 billion US dollars. It will invest in sectors including energy, transportation, urban construction and logistics as well as education and healthcare.
v. China is the largest shareholder with 26.06 percent voting shares. India is the second largest shareholder with 7.5 percent followed by Russia with 5.93 percent and Germany with 4.5 percent. On 16 January 2016, Chinese President Xi Jinping launched AIIB, which is seen as a rival to the US-led World Bank, in Beijing.
vi. Despite opposition from Washington, US allies including Australia, Britain, German, Italy, the Philippines and South Korea have agreed to join the AIIB in recognition of China’s growing economic influence.
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Daily GK Update – Current Affairs – 16th January 2016

January 20, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 16th January 2016

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1. Start up India: This is the beginning of big bang start up boom in India, says Softbank CEO
i. Finance Minister Arun Jaitley on Saturday kick-started Prime Minister Narendra Modi’s ambitious Start-Up India mission at Vigyan Bhavan in New Delhi. The Start Up India mission to be unveiled on Saturday envisages technology business incubators and research parks.
ii. The Human Resource Development Ministry and the Department of Science and Technology have agreed to partner in an initiative to set up over 75 such startup support hubs in the National Institutes of Technology (NITs), the Indian Institutes of Information Technology (IIITs), the Indian Institutes of Science Education and Research (IISERs) and NIPERs or National Institutes of Pharmaceutical Education and Research.

iii. Organised by Department of Industrial Policy and Promotion (DIPP), along with other key Indian startup ecosystem players, the Startup India, Standup India initiative aims to celebrate the country’s entrepreneurial spirit, and create a strong ecosystem for fostering innovation and startups in India.
iv. The event was inaugurated by finance minister Arun Jaitley, and was attended by the Minister of State for Commerce and Industry Nirmala Sitharaman, and the Minister of State for Finance Jayant Sinha. Around 40 top CEOs and startup founders and investors from Silicon Valley attended the event as special guests, and take part question and answer sessions at the event.
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61st Filmfare Awards Winners

January 16, 2016 By: milind Category: Current Affairs

61st Britannia Filmfare Awards Winners

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The winners of the 61st Britannia Filmfare Awards  have been announced .

This prestigious honour is awarded to celebrate the best of Indian cinema, and many regional and mainstream movies are nominated.

Full List Of Winners:
Best Film:
Bajirao Mastani
Best Director:
Sanjay Leela Bhansali – Bajirao Mastani
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Daily GK Update – Current Affairs – 15th January 2016

January 16, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 15th January 2016

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1. DRDO successfully test-fired anti-tank missile Nag in Rajasthan
i. The Defence Research and Development Organisation (DRDO) in the second week of January 2016 successfully test-fired Nag anti-tank missile at the Mahajan Field Firing Range in Rajasthan.
ii. The test was conducted during a night trial to validate the enhanced 4-km range capability of Imaging-Infrared seeker, which guides the missile to the target after its launch.
iii. During the test, the Thermal Target System (TTS) was used as target for the missile. The TTS simulated a target similar to an operational tank as thermal mapping from tank to TTS was carried out for generating thermal signature.

iv. It is a third generation fire-and-forget and can be fired anti-tank missile. It can be fired during night and day as well. It is equipped with top attack capability to nullify the explosive reactive armour (ERA) of a battle tank. It weighs 42kg having 1.90m length and can be fired against both moving and fixed targets.
v. Besides HeliNa, a helicopter versrion, it has land, air-launched and man portable (weighing 14 kg) versions. To carry the land version, DRDO developed the NAMICA (Nag Missile Carrier) for the army.
vi. Once inducted in the Armed Forces, the HeliNa missile will be integrated with the weaponised version of the Advanced Light Helicopter (ALH) Dhruv, the light combat helicopter produced by Hindustan Aeronautics Ltd (HAL).
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Daily GK Update – Current Affairs – 14th January 2016

January 16, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 14th January 2016

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1. Cabinet approves crop insurance scheme PMFBY
i. The union cabinet on Wednesday approved the crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) to boost the farming sector and ensure farmers’ welfare. “The new Crop Insurance Scheme is in line with One Nation – One Scheme theme. It incorporates the best features of all previous schemes and at the same time, all previous shortcomings/weaknesses have been removed,” said a ministry of agriculture statement.

ii. Under PMFBY, the farmers are required to pay a uniform premium of two percent for all Kharif crops and 1.5 percent for all Rabi crops while it is five percent for annual commercial and horticultural crops.
iii. “The premium rates to be paid by farmers are very low and balance premium will be paid by the government to provide full insured amount to the farmers against crop loss on account of natural calamities,” the statement said.
iv. With no upper cap on government subsidy, even if the balance premium is 90 percent, the government will bear it. The earlier practice of capping the premium rate has been done away with as it resulted in low claims being paid to farmers, the statement said.
v. “This capping (premium rate) has now been removed and farmers will get claim against full sum insured without any reduction,” the statement added.
vi. To enable faster claims payment, the government intends to encourage use of technology and smartphones to capture and upload data on crop harvesting and also deploy remote sensing to reduce crop cutting experiments.
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Daily GK Update – Current Affairs – 13th January 2016

January 16, 2016 By: milind Category: Current Affairs

Daily GK Update – Current Affairs – 13th January 2016

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1. Kerala Declared First State to Attain Total Primary Education
i. Vice President Hamid Ansari today declared Kerala as the first state in the country to attain ‘Total Primary Education’, and described the achievement as ‘historic.’ “I believe that the date today is as historic for Kerala as April 18, 1991, the day Kerala was declared to be a fully literate state,” he said.
ii. “Kerala has set a model for the rest of the country to follow,” the Vice President said. Noting that the achievement was another feather to the state’s educational cap, he said the state was marking the successful culmination of its ‘Athulyam’ programme aimed at ensuring Total Primary Education in Kerala — equivalent to Standard IV of formal education.

iii. “This is the fructification of the continuing efforts under the Total Literacy Campaign through the well-planned and executed post-literacy activities and the Continuing Education Programme by the Kerala State Literacy Mission Authority (KSLMA) under the Government of Kerala,” he said.
iv. Ansari also said this remarkable educational achievement was a result of the enlightened political leadership of Kerala, the dedication of its public functionaries and the people of state who have come to value the importance of education. The declaration marks the culmination of the second phase of the ‘Athulyam’ Class 4 equivalency programme -— for people aged between 15 and 50 —- run by KSLMA.
v. Ansari said Kerala achieved progress in social and other sectors mainly due to the importance it gave for education. The impressive march of Kerala on the education and various other socio-economic fronts has been due to what Nobel laureate Amartya Sen has called “the constructive and combative roots of its historical background”, he said.
vi. He lauded the contribution of religious reformers such as Sree Narayana Guru and other social organisations such as Nair Service Society, Muslim Educational Society (MES) and Christian missionaries, saying they also helped in inculcating and sustaining spread of education as a social movement.
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