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Friday, September 25, 2015

Current Affairs & General Knowledge ( IBPS/RRB/SBI/UPSC) 25-09-2015

Indian Affairs 
·         “Committee” to tackle child pornography and online abuse
Tackling child pornography and online abuse government decided to set up an expert committee to prepare a roadmap for effectively tackling cybercrime submitted its report to the Home Ministry.
(Union Home Minister – Rajnath Singh)
·         Government asked Internet Service Providers to block over 800 sites which had child porn content
Rs 400 crore
·         It will be called as Indian Cyber Crime Coordination Centre (IC4) to check all cybercrime, including child pornography and online abuse
·         IC4 will have linkages with CCTNS and NATGRID
·         2 databases having information related to various kinds of crime and criminals.
·         To check attempts by international gangs to penetrate Indian government’s official communication network and hack them.
·         To act as a nodal point in the fight against cyber-crime and as an early warning system for law enforcement agencies
·         Set up an open platform for victims to raise cybercrime complaints with online crime reporting
·         To support and coordinate electronic investigations of cybercrime and provide technical assistance to CBI and state police on all cybercrime related issues
·         Reduce crimes against children and women, especially online abuse.
·         These kinds of content and websites need to be monitored and blocked
·         Laws need to be strengthened, parents need to be educated to monitor children activities in cyberspace and educate children about good cyber behaviour
·         Enactment of a new Electronic Evidence Act
India lacks centralised online reporting mechanism, inadequate infrastructure for cybercrime monitoring and investigation, challenges related to technology and research and development, lack of citizen awareness, legal and jurisdictional issues and lack of Standard Operating Procedure for cybercrime investigation.
·         Gov Cleared $2.5B Deal for Military Helicopters”Apache & Chinook”
The Cabinet Committee on Security approved the purchase ofBoeing’s Apache and Chinook helicopters for the Indian Air Force (IAF) in a deal worth around $2.5 billion which includes22 Apache attack and 15 heavy lift Chinook helicopters.
·         It is the single biggest defence contract signed in the first 16 months of the NDA government.
·         Defence ministry to pay 15% of the negotiated value at the time of signing the contract while the balance payments are made in accordance with the delivery schedule.
·         The 22 Apache helicopters will replace IAF Mi-35 attack helicopters and will be armed with Hellfire missiles.
·         The Chinooks which will replace the IAF ageing Mi-26 fleet will be used for heli-lifting of heavy military equipment.
·         Lethal attack helicopter in the world has been in service since 1984 with over 2,100 machines produced. India purchased its latest Block III configuration version.
·         It is designed for all kinds of missions equipped with laser and infrared systems for weather, day-night operability and fires the Hellfire missiles besides its arsenal of 70 mm rockets and automatic cannon.
Battle proven machine that has flown countless missions into warzones from Vietnam to Afghanistan and Iraq.
·         Original Chinook first flew in 1962 and has undergone several upgrades.
·         The massive helicopter can carry 6 tons of cargo, including heavy machinery, artillery guns and even light armoured vehicles to high altitude.
These helicopters are likely to be delivered within five years. The first helicopter is expected to enter the IAF within three years.
·         Coast Guard commissions ICGS Apoorva and C421
Two Indian Coast Guard Ships (ICGS) Apoorva and interceptor boat C-421 were commissioned by Flag Officer Commanding in Chief, Western Naval Command, Mumbai and Vice Admiral Surindar Pal Singh Cheema off the naval dockyard in Mumbai, Maharashtra.
·         ICGS FPV Apoorva is commanded by Commandant Dinesh Dogra with a complement of 5 officers and 34 ranks.
·         ICGS Interceptor Boat C-421 is commanded by Deputy Commandant Rohit Kulkarni with a complement of 1 officer and 13 ranks.
·         It is built by Cochin Shipyard Limited, Kochi.
·         It is 14th in the series of 20 Fast Patrol Vessel (FPV)
·         50 meter long FPV that displaces 317 Tonnes and can achieve a maximum speed of33 knots
·         Apoorva means unparalleled will be based at Goa
·         It is equipped with state-of-the-art weaponry, advanced communication and navigational equipment.
·         It is built by Larsen & Toubro (L&T Ltd), Surat
·         It is 27th in the series of IBs constructed by L & T Limited
·         Water jet propelled vessel can achieve a maximum speed of 45 Knots
·         The vessel will be based at Androth in Lakshadweep islands.
·         It is fitted with medium range armaments and is designed for close coast and shallow water operations.
ICGS Aadesh the first Fast Patrol Vessel (FPV) of the series was launched on January 9, 2013 based in Tuticorin, Tamil Nadu followed by
Launch date
Home Port
21 March 2013
28 May 2013
30 September 2013
Tuticorin, (Tamil Nadu)
29 November 2013
29 November 2013
29 March 2014
New Mangalore
5 June 2014
Karaikal (Puducherry)
5 August 2014
Paradip (Odisha)
30 September 2014
28 November 2014
Porbandar (Gujarat)
17 January 2015
Haldia (West Bengal)
26 February 2015
Rajasthan 5th State to pass Vexatious Litigation (Prevention) Bill, 2015
The Rajasthan assembly passed a legislation to curb vexatious litigation, becoming the fifth state in India after Maharashtra, Goa, Tamil Nadu and Madhya Pradesh to pass Vexatious Litigation (Prevention) Bill, 2015.
·         Assembly passed three Bills — The Prisons (Amendment) Bill, Rajasthan Police (Amendment) Bill and Rajasthan Vexatious Litigation (Prevention) Bill
·         The Prison (Amendment) Bill is aimed at improving the efficiency of prisons and checking violence and gang wars.
·         The Rajasthan Police (Amendment) Bill provides Fine of Rs 500 for anyone who creates a nuisance on the road and obstructs or injures a person or property; For the second incidence, the fine will be Rs 5,000; For the third incidence Rs 10,000 and eight days jail
·         The Rajasthan Vexatious Litigation (Prevention) Bill 2015 which forbids people from petitioning in lower and high courts on unreasonable grounds i.e. to prevent filing of baseless cases and to check the misuse of law for personal benefits.
Person who has been habitually filing civil or criminal cases without any reasonable groundthen court can declare the person to be a “vexatious litigant” and petition filled by this person is called vexatious litigation.
·         Over 2.28 lakh cases are presently pending in the Rajasthan High Court, and almost 10-15 percent falls under this category.
Rajasthan CM – Vasundhara Raje
Rajasthan law n legal affairs minister – Rajendra Singh Rathore
Union Minister of Law and Justice – Devaragunda Venkappa (D.V.) Sadananda Gowda
Haryana government to develop Gurgaon as Smart City
·         Haryana government will develop Gurgaon as a Smart City with its own resources.
·         According to the NDA government’s Smart City Scheme, States will get 500 crores for five years to develop Smart City.
·         Haryana Chief Minister, Manohar Lal Khattar told that the state would arrange that Rs 500 crore for Gurgaon.
·         The central government has also announced a list of 98 cities and towns selected for development as Smart Cities. Out of 98, two cities Faridabad and Karnal were selected from Haryana. Now the state will get three smart cities including Gurgaon.
·         The State will also convert all data that includes birth certificate, pension and also land records into digital format and the state will introduce biometric attendance system in schools for both students and teachers.
Central approves Rs 1575.38 Crore Highway Project in Odisha
·         GOI has approved Rs 1,575.38-crore highway project in Odisha under its National Highways Development Project (NHDP) to reduce time and cost of the travel in Cuttack-Angul Section of NH-42.
·         This highway project was approved by the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.
·         CCEA has approved the development of four-laning of Cuttack-Angul Section of National Highway NH-42 in Odisha at the total cost of Rs 1575.38 crore.
First Naval exercise between India and Australia concludes
·         AusIndex-2015, the first ever naval exercise between India and Australia was concluded that focused on anti-submarine warfare
·         The exercise brought together ships and aircraft from both countries to strengthen defence co-operation under the Framework for Security Cooperation as announced by the Prime Ministers of both India and Australia.
·         Australian ships namely Sirius, Arunta and Sheean successfully trained with Indian Navy ships Shivalik, Ranvijayi and Shakti, along with P-8I Maritime Patrol Aircraft during the exercise.
·         This Naval exercise AusIndex will be held for every two years.
Nagaland CMO launches official website
·         The Nagaland Chief Minister’s Office (CMO) has launched its official website, to make the office people-friendly.
·         The website was launched by Chief Minister T.R. Zeliang.
·         The website includes important speeches of the chief minister and details of all the past chief ministers of Nagaland.
·         It also includes an interactive page where the people can interact with the Chief Minister’s office in which people can express their views and thoughts on major issues.
Brigade Commander level flag meeting held at Chakkan-Da-Bagh LoC
·         The Brigade Commander level flag meeting was held at Chakkan-Da-Bagh LoC (Line of Control) Crossing point in Poonch district of Jammu and Kashmir between India and Pakistan.
·         Brigadier H.S. Sareen , representative from Indian Army and Brigadier Osmanrepresentative from Pakistan Army headed the meeting for about an hour.
·         The representatives of the both nations discussed a lot of issues that includes ongoing ceasefire violations, targeting of civilians and sniping action on the LoC.
·         The previous Brigade Commander-level meeting was held on September 2014.
NABARD grants Rs 1,134.74 crore RIDF assistance to Odisha
·         National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rural Infrastructure Development Fund (RIDF) assistance of Rs 1,134.74 crore to Odisha.
·         The sanctioned amount includes Rs 1,040.96 crore for two important mega projects namely drinking water supply and lift irrigation projects.
·         The drinking water supply project, aims to supply 100 litre per capita per day of drinking water to 1.20 lakh families in flouride-affected blocks of Boden, Komna, Khariar Naupada and Sinapali.
·         NABARD has also granted RIDF assistance to19 mega lift projects which will improve Kharif irrigation to nearly 24,000 hectares of agriculture uplands in Bargarh, Balangir Jharsuguda and Sambalpur.
International Affairs 
·         Indian Diaspora “Mission 2022” launched
The three million strong Indian diaspora in the US haslaunched “Mission 2022” in partnership with theConfederation of Indian Industries (CII) to make US-India partnership a defining partnership of the 21st century.
(CII president – Sumit Sumter)
Basic goal for the Diaspora launch is that there would be immense growth of both countries by the year 2022 which will give rise to great opportunities of financial as well as mutual growth in India and USA by making USD 500 billion economic engagement.
·         Mission 2022 will have a series of dialogues with the diaspora over the next seven years as India turns 75.
·         These dialogues would be held every six months.
The growing Indian-American diaspora is heavily invested in the American system and can not only rise to be the backbone of this critical partnership but can help fuel US & India’s mutual growth story.
It means people who migrated from territories that are within the borders of the India. It also refers to their descendants. The Diaspora is currently estimated to number over twenty million composed of “NRIs” (Indian citizens not residing in India) and “PIOs” (Persons of Indian Origin who have acquired the citizenship of some other country).
·         9th Regional Pravasi Bharatiya Diwas (RPBD) to be held in Los Angeles
The Government will organize the 9th Regional Pravasi Bharatiya Divas (RPBD) in Los Angeles, California in the United States of America on November 14-15.
Theme for RPBD
The Indian Diaspora: Defining a New Paradigm in India-US Relationship
RPBD is important Diaspora engagement meet conducted annually by the Government of India outside the country as part of a comprehensive programme to reach out to the growing Indian Diaspora community globally.
·         India and the USA share a growing partnership in almost all sectors and have made a significant impact in IT, medicine, academia, banking, hospitality, science and technology and also as entrepreneurs engaged in thriving small and medium businesses.
·         The RPBD Los Angeles will focus and build on these synergies and collaborations throughseminars and discussions involving major stake holders on both sides.
·         The Overseas Indian Facilitation Center (OIFC), a PPP initiative between MOIA and the Confederation of Indian Industry (CII), will also hold a business to business conference on the sidelines of the RPBD on the 14th November.
The RPBD will be organized by the Consulate General of IndiaSan Francisco, and theEmbassy of IndiaWashington DC in collaboration with the major community organizationsof People of Indian Origin in the USA and the Ministry of Overseas Indian Affairs (MOIA).
Mahan Air to operate first flights between Denmark and Iran
·         Iranian airline Mahan Air to operate its first flights between the capitals of the two countries, Denmark and Iran which will start in March 2016.
·         Mahan Air ends 8 year suspension of direct flights between the capitals of two countries. It will operate the first flights between the Tehran Imam Khomeini International Airport of Iran and Kastrup or Copenhagen Airport of Denmark.
·         Mahan Air is a private airline operates international flights to the Middle East, Central Asia, and Europe.
·         Chairman & CEO of Mahan Air – Hamid Arabnejad.
·         Headquarters – Aryashahr, Tehran, Iran.
Banking & Finance 
·         HDFC Bank’s nano second disburse loan scheme
HDFC Bank, India’s second-largest private lender is ready to disburse loans in nano seconds. The new initiative is part of the bank’s strategy to transform itself into a digital bank.The bank’s customers alone can avail of these loans, to be offered as a top-up on existing car or two-wheeler loans.
·         These top-up on auto loans will be available only if a customer has paid equated monthly instalments on existing loan without a single default.
The nano-second loan will be quick money for the customer and will serve as alternative to personal loans.
·         If customers have a car financed by HDFC bank they get an offer that will flash on your cell phone.
·         They could log in via internet banking or mobile banking.
·         It is a pre-populated application form so they only have to click on “yes” at about five places and the loan will be disbursed in nano seconds.
Interest rates
Interest on car loans
11.5 – 13.7 %
Interest on personal loans
11.5 – 20.51 %
Interest on two-wheeler loans
11.75 – 24.08 %

·         As of March-end this year, the bank’s overall retail advances stood at Rs 2,25,694 crore, which increased to Rs 2,38,859 crore at the end of June. For the June quarter, auto loans accounted for the largest share, at Rs 50,100 crore.
·         In FY15, about 63% of the total transactions were carried out on internet and mobile compared to 55% transaction via the digital medium in FY14.
Founded:          August 1994, India
Founder:           Hasmukhbhai Parekh
Tagline:             We understand your world
Headquarters:   Mumbai
CEO:                 Aditya Puri
HDFC also launched applications for disbursing personal loans under 10 seconds and auto loans within 30 minutes, through biometrics devices.
·         Indra Nooyi, Shobhana Bhartia bagged USIBC Global Leadership Award
epsiCo Chairman Indra Nooyi and Hindustan Times Group chairperson Shobhana Bhartia have been presented with the 2015 Global Leadership Award of the US India Business Council (USIBC), for their commitment to driving a more inclusive global economy and their roles as women leaders.
·         The first India-US Strategic and Commercial Dialogue held in Washington DC.
·         The Council’s mission is to promote bilateral trade relations between India and the United States through pro-growth policies that will advance commercial partnerships from $100 billion to $500 billion by the end of the decade.

·         The U.S.-India Business Council (USIBC) was formed in 1975 as a business advocacy organization to enlighten and encourage the private sectors of both India and United States to enhance investment flows
·         USIBC currently has twelve Executive Committees, covering every major business sector
·         Headquarters – Washington, D.C., United States
·         Recently Cisco’s John Thomas Chambers replaced Ajay Banga as Chairman of USIBC
·         Mukesh Aghi is the President of the U.S.-India Business Council.
·         Born in 1957, Kolkata is a daughter of Krishna Kumar Birla
·         Chairperson and Editorial Director of the Hindustan Times Group and also the Pro-Chancellor of the Birla Institute of Technology and Sciences.
·         Holds the credit of raising Rs 400 Crore via public equity launch of the HT Media group in the year 2005.
·         National Press India Award was given to Shobhana in the year 1992.
·         Global Leader of Tomorrow from the World Economic Forum, Davos 1996
·         Entrepreneur of the Year, 2005 from Ernst and Young,
·         Awarded with the Padma Shri outstanding contribution in journalism in 2006
·         Businesswomen of the Year, in the year 2007 by The Economic Times,
·         She is business executive and the current Chairperson and Chief Executive Officer of PepsiCo
·         Nooyi was considered one of “The TopGun CEOs”.
·         PepsiCo 2014 Profits were 6,513 Millions$
·         Forbes magazine ranked Nooyi on the 2008, 2009, 2010, 2011, 2012, 2013, and 2014 lists of The World’s 100 Most Powerful Women.
·         Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009, 2010, 2015
·         In 2008, Nooyi was named one of America’s Best Leaders by U.S. News & World Report
·         Forbes ranked her at the 3rd spot among ‘World’s Powerful Moms’ list

·         Cisco’s John Chambers replaced Ajay Banga as USIBC chairman
John Thomas Chambers, Executive Chairman of Cisco has been elected as the next Chairman of US-India Business Council’s Board of Directors (USIBC) in place of Ajay Banga, President and CEO of MasterCard.
Announcement in this regard was made at the USIBC’s 40th Anniversary Leadership Summitmade up of 300 top US and Indian companies that started the US-India Strategic and Commercial Dialogue(S&CD) held in Washington DC.
·         Formed in 1975 at the request of the US and Indian governments, the US-India Business Council is the premier business advocacy organization, comprised of more than 300 top-tier US and Indian companies advancing US-India commercial ties.
·         Council’s board of directors now includes 14 global Presidents and CEOs
Chambers became Cisco’s president and CEO in 1995 and chairman of the board in 2006.
He helped grow the company from $70 million when he joined Cisco in January 1991, to $1.2 billion when he assumed the role of CEO and to $47 billion in FY15.
·         2012 Bower Award for Business Leadership from the Franklin Institute
·         Time Magazine’s “100 Most Influential People
·         One of Barron’s’ “World’s Best CEOs
·         “Best Boss in America” by 20/20
·         One of BusinessWeek’s “Top 25 Executives Worldwide
·         Business Council’s “Award for Corporate Leadership
·         Best Investor Relations by a CEO” from Investor Relations Magazine three times.
·         First-ever Clinton Global Citizen Award from former US President Bill Clinton
·         Awarded the Woodrow Wilson Award for Corporate Citizenship

Government appoints CVCFL to implement EDF
·         Government of India (GOI) has appointed CANBANK Venture Capital Fund Ltd (CVCFL) in order to implement the Electronics Development Fund (EDF). 
·         The EDF is set up as a ‘Fund of Funds’ to participate in ‘Daughter Funds’ which will provide risk capital to companies that develops new technologies in the electronics field, Nano-Electronics and Information Technology (IT).
·         The EDF would take minority participation in seed funds, angel funds as well as in venture funds.

·         Electronics Development Fund (EDF) will invite requests from the private and public funds for its participation.

Smita Purushottam appointed as the Ambassador of Liechtenstein
·         Ms Smita Purushottam, Ambassador of lndia to Switzerland has been appointed as the next Ambassador of lndia to the Liechtenstein in Europe that lies between Switzerland and Austria.
·         Ms Smita Purushottam is a 1980 batch IFS officer. She will take over the position shortly.
About Liechtenstein:
Liechtenstein has the 3rd highest Gross Domestic Product (GDP) per person and has lower unemployment rates at 1.5%
·         Capital: Vaduz
·         Largest City: Schaan
·         Currency: Swiss Franc
·         Prime Minister: Adrian Hasler
Rahul Chhabra, next Ambassador of lndia to the Bosnia and Herzegovina
·         Rahul Chhabra currently Ambassador of lndia to Hungary, has been appointed as the next Ambassador of India to Bosnia and Herzegovina.
·         He is a 1987 batch IFS officer and expected to take up his assignment shortly.
Bosnia and Herzegovina:
·         Bosnia-Herzegovina or Bosnia, located on the Balkan Peninsula in Southeastern Europe.
·         Capital: Sarajevo
·         Currency: Convertible mark
·         Prime Minister: Denis Zvizdic
S.N Subrahmanyan promoted as deputy MD and President of L&T
·         L & T has elevated S.N Subrahmanyan as the deputy managing director and president of the company. 
·         S.N Subrahmanyan, is currently a board member and senior executive vice president (Infrastructure and Construction). He will take over the new challenge on October. 
·         The board has also approved the appointment of D.K Sen as the whole-time director of the company.
·         He will succeed K.V. Venkataraman who will retire at the end of this month.
Vikram Pawah appointed as MD of Harley Davidson India
·         US based Harley Davidson appointed Vikram Pawah as Managing Director (MD) of its Indian operations.
·         Mr. Vikram Pawah will succeed Anoop Prakash who has moved on as the Managing Director of Harley Davidson Canada.
·         Pawah has totally 24 years of experience in which 21 years with Honda in India and in Canada.
·         He will manage sales, marketing, service, and dealer network management in the country.
Acquisitions & Mergers
ABCL acquires Chlor-Alkali Division of Jayshree Chemicals
·         Aditya Birla Chemicals Ltd (ABCL) has completed the acquisition of the Jayashree Chemicals Ltd’s chlor-alkali division.
·         Last year, Aditya Birla Chemicals Ltd (ABCL) had signed an agreement with Jayshree Chemicals for the acquisition of Chlor-Alkali Division for 212 crore.
·         Jayshree chemicals’s chlor-alkali division includes caustic soda manufacturing facility atGanjam in Odisha and salt manufacturing unit at Pundi in Andhra Pradesh.
·         That Ganjam Manufacturing facility has been renamed as Aditya Birla Chemicals (India) Ltd – Ganjam Chemical Division.
·         Indian wushu team wins 12 medals in Int’l Wushu Cup
The 5th International Pars Wushu Cup concluded successfully at Azadi Sports Complex, Tehran, Iran from 18th – 21th September, 2015. More than 200 Wushu athletes took part in this championship.
·         The Indian wushu team fetched a rich haul of one gold, four silver and seven bronze medals at the 5th International Pars Wushu Cup in Tehran
Nineteen teams from 18 countries took part in this championship.
Hong Kong

·         L. Budhachandra Singh won a gold medal in the 56kg category, beating Masod Ansari of Iran in the final. Mukesh Choudhry lost his final against Asian Games gold-medallist Mohsen Seifi, while Rajani Deori went down to Sajas Abbasi of Iran in the summit clash.
·         In the last edition, the Indian team won two silver and three bronze medals in the tournament at Zenjan, Iran
·         Wushu sport is of China origin and also called Kung fu, CMA, WS
·         The term wushu is Chinese for “martial arts”
·         Composed of two disciplines – taolu and sanda
·         International Wushu Federation (IWUF), which holds the World Wushu Championships every two years

Richie Richardson inducted in Elite Panel of ICC
·         Former West Indies cricket captain Richie Richardson was inducted in to the Elite Panel of ICC Match Referees by the International Cricket Council (ICC).
·         He will replace Sri Lanka’s Roshan Mahanama who stepped down from the post in last week.
·         Richie Richardson will take over the position at the end of his current assignment as the West Indies cricket team manager which will end with the Sydney Test Series against Australia.
·         Other members of Elite Panel ICC Match Referees include David Boon, Chris Broad, Jeff Crowe, Ranjan Madugalle, Andy Pycroft, Richie Richardson, Javagal Srinath.
Yannick Noah named as Davis Cup captain
·         Yannick Noah appointed as new Davis Cup captain who is the last Frenchman to win a grand slam title.
·         Yannick Noah will succeed Arnaud Clement, who was fired last week following a disappointing campaign and growing tension between him and the players.
·         The French tennis federation announced that Yannick Noah will be in charge of the Davis Cup for the 2016 campaign.
·         France last won the Davis Cup in 2001 and finished runner-up three times since, in 2002, 2010 and 2014.

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