Wednesday, 6 January 2016

Daily Current Affairs (g.k.) 2016 for Bank Exam 06 January 2016

Daily Current Affairs (g.k.) 2016 for Bank Exam 06 January 2016. We are here with your waiting article in January Daily Current Affairs 2016 Bank Exam (06.01.2016). Our these Daily current affairs important updates are very most useful for IBPS Bank PO, IBPS Clerk Exam, SCC, LIC, Insurance Exam and Railway Exams. We daily update the handpicked current affairs for all Indian competitive exams like-Daily Current Affairs 2015 for Competitive Exams in India.
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Govt abolishes export duty on iron ore pellets

  • In 2014, the government had levied a 5 percent export duty on iron ore pellets, which are value-added products of leftover material or low grade iron ore and are used in steel-making.
  • Iron ore pellet makers as well as some miners had earlier sought a reduction in the export duty on iron ore to make it more competitive. Steel and its related raw material market is facing a tough time on account of subdued demand and high production, adversely impacting the prices.

Government okays quotas for women in paramilitary

  • The government took an important step to improve gender equality in the paramilitary by approving reservation of 33% women at the constable rank in two major central paramilitary forces CRPF and CISF and also setting a 15% quota in the border forces BSF, SSB and ITBP.
  • These forces together comprise of around nine lakh personnel of whom only around 20,000 are women as of now.
  • The 33% reservation in constable level posts in Central Reserve Police Force (CRPF) and Central Industrial Security Force (CISF) and 14-15 per cent posts in Border Security Force (BSF), Sashastra Seema Bal (SSB) and Indo Tibetan Border Police (ITBP) will come into effect immediately.

UDAY has 15 takers, Jharkhand first state to sign MoU

  • Mineral rich but energy deficit Jharkhand will become the first state to sign a memorandum of understanding (MoU) with the Centre for the Ujwal Discom Assurance Yojana (UDAY) reforms for state-owned power distribution companies (discoms).
  • The MoU is a tripartite agreement is between the state government, the power distribution companies and the Union ministry of power.
  • With this, the total number of states that would be joining UDAY will become 15. The other states that are on board UDAY are Andhra Pradesh, Jharkhand, Punjab, Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Rajasthan, Gujarat, Haryana, Chhattisgarh and Madhya Pradesh.

BARC tech to help clean Ganga of industry waste

  • With the Centre taking multiple measures to fulfill its clean Ganga mission, the country’s premier atomic research body Bhabha Atomic Research Centre (BARC) has offered membrane based water treatment system to clean the national river.
  • The membrane-based technology can help remove heavy metals from water in rivers, reservoirs or ponds.
  • The new technology can be used in the stretch of the Ganga where it gets lot of industrial and municipal discharge as merely setting up conventional sewage treatment plants (STPs) and Central Effluent Treatment Plants (CETPs) are not enough to clean the river. At present, 764 industrial units are located along or near the banks of the Ganga.

Volkswagen faces penalties as US sues for environmental violations

  • Volkswagen could face penalties exceeding $90 billion, or as much as $37,500 per vehicle per violation of the law.
  • German car maker Volkswagen may face billions of penalties as the U.S. Justice Department filed a civil lawsuit against it for violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 diesel cars.
  • Volkswagen could face penalties exceeding $90 billion, or as much as $37,500 per vehicle per violation of the law.

37-metre-tall golden Chairman Mao statue appears in the Chinese countryside

  • A Giant golden statue of Chairman Mao has been built in the remote Chinese countryside.
  • The building of the huge sitting image of Mao Zedong, the late communist revolutionary and founding father of the People’s Republic of China, who poured 3 million yuan.
  • The statue, which is around 37 metres high, is situated in a rural area of Tongxu county in Henan Province the epicentre of a famine which killed tens of millions in the late 1950s, partly as a result of Mao’s policies.

Mary Barra is General Motors chairman

  • General Motors chief executive Mary Barra was named chair of the automaker, smashing yet another gender ceiling in the US auto industry.
  • The GM board of directors unanimously elected Barra to its helm, and she will remain CEO, the largest US automaker announced.
  • Barra, 54, will succeed Tim Solso, who will continue to serve as the board’s lead independent director.

Hitachi Solutions acquires US-based Ignify

  • Hitachi Solutions India has acquired Ignify, provider of specialised Microsoft Dynamics industry solutions, for an undisclosed amount.
  • Hitachi Solutions India is a subsidiary of the $200-million Hitachi Solutions America Ltd, which in turn is part of the Japan-based $3.4-billion Hitachi Solutions Ltd.
  • US-based Ignify was founded in 1999 by Sandeep Walia and Pankaj Kumar.

Andhra Bank launches IMPS for money transfer

  • Andhra Bank has launched Immediate Payment Service (IMPS) at all its branches in association with the National Payments Corporation of India (NPCI).
  • A multi-channel, multi-dimensional platform, IMPS makes payments possible within fraction of seconds with all the standards and integrity maintained for security.
About IMPS facility
  • On the advantages of the branch of IMPS module, the release said that the facility will be available round-the-clock unlike the NEFT, which is available only for limited hours.
  • Under the IMPS, a real time instant fund transfer system for inter-bank remittances, the maximum cap of transaction will Rs.2 lakh. The charges will be at the rate of Rs.5 per transaction.

Extra-long tweets: Twitter considering 10,000-character limit for tweets

  • Twitter’s 140 character limit on tweets has long frustrated and challenged its most verbose users.
  • Now the company could offer a solution, according to tech news website re/code: the 10,000 character tweet, which could be available as soon as March.
  • Re/code reported that Twitter has been studying how to allow users to say more, after restricting them to 140 characters for 10 years.

Scientists discover invasive species of snowflake coral off coast of Thiruvananthapuram

  • Scientists have recently discovered the presence of several colonies of an invasive species of snowflake coral off the coast of Thiruvananthapuram and Kanyakumari.
  • However, scientists have warned that these invasive species of snowflake coral could pose a serious threat to the marine ecology of the region.
About Snowflake Coral:
  • The snowflake coral or branched pipe coral (scientific name: Carijoa riisei) is a species of soft coral in the family Clavulariidae.
  • Native to the tropical western Atlantic Ocean, it has spread to other areas of the world such as Hawaii. In 1972, it was first reported as an invasive species in Hawaii.
  • Since then, it has spread to countries like Australia, Thailand, Indonesia and the Philippines.

Largest blue star sapphire found in Sri Lanka

  • The world’s largest blue star sapphire, weighing 1404.49 carets and valued at an astonishing $100 million, has been found in a mine in Sri Lanka.
  • Sri Lankan gemmologists say the sapphire was found in the city of Ratnapura, in southern Sri Lanka, which is known as the ’City of Gems.’
  • It could fetch $175 million. It has now been valued at $100 million with estimates that it could even be sold at auction for $175 million.

A day to remember for Pranav Dhanawade

  • Pranav Dhanawade continues his record-breaking spree to become the first cricketer to break the 1,000-run barrier.
  • The 15-year-old’s 1,009 not out off 323 balls obliterated a 117-year-old record for the highest number of runs scored in one innings which stood in the name of Arthur Collins’s previous record total of 628 in England in 1899.
About Pranav Dhanawade
  • The Class 10 student from the KC Gandhi School in Kalyan, an eastern suburb approximately 60 kilometres from south Mumbai, achieved the milestone in the Thane district inter-school tournament for the HT Bhandari Shield against a depleted Arya Gurukul school from the same suburb.

Bavuma becomes first black South African to make test 100

  • Bavuma became the first black South African to make a test century, helping his team defy England in the second test and respond to the tourists’ huge 629-6 declared with its own mammoth 627-7 declared.
  • Captain Hashim Amla made 201 and Bavuma reached 102 not out to effectively wipe out England’s advantage and push the game toward a draw on a serene batting pitch where runs flowed and bowlers struggled.

Former CJI S.H. Kapadia passes away

  • Sarosh Homi Kapadia, the 38th Chief Justice of India, bid farewell to the world in Mumbai with his integrity, which he considered his “only asset,” intact. He was 68.
  • Shortly after his appointment as the first Parsi Chief Justice of India on May 12, 2010, Justice Kapadia replied to Justice V.R. Krishna Iyer’s congratulatory message.
  • A strict disciplinarian with interests ranging from Theoretical Physics to Buddhist Philosophy, Justice Kapadia was best known for his statistical acumen.

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