Thursday, 17 March 2016

Current affairs 17 - March - 2016

1)   Bangladesh Government has appointed Former Secretary of Finance Division Fazle Kabir as the new Governor of Bangladesh Bank, country’s central bank. He will succeeds Atiur Rahman who had resigned after taking moral responsibility over the cyber theft from the central bank’s official account with New York Federal Reserve Bank. Fazle Kabir is an economics graduate from the Chittagong University. He had started his career in 1980 with Bangladesh Railway as an assistant traffic superintendent. In 1983, he had joined the administration. He was appointed finance secretary in 2012. He had also served on the board of state-owned Janata Bank.
2)   The India Aviation 2016, an international exhibition and conference on civil aviation kicked off in Hyderabad, Telangana. It is the fifth edition in the biennial series of this international exhibition and was inaugurated by President Pranab Mukherjee at the Begumpet Airport (also known as Hyderabad Old Airport).
3)   The largest fair on Food and Hospitality Sector in India, AAHAR 2016 has kicked off at Pragati Maidan, New Delhi. It is the 31st edition in this series of the fair and was inaugurated by Union Minister for Food Processing Industries Harsimrat Kaur Badal.
4)   India ranked 118th out of 157 countries on the United Nations’ World Happiness Index (WHI) 2016. It was revealed by the fourth World Happiness Report 2016 published by the Sustainable Development Solutions Network (SDSN), a global initiative for the UN.
5)   Eminent Shehnai exponent Ustad Ali Ahmad Hussain Khan passed away following prolonged illness in Kolkatta, West Bengal. He was 77. He was one of the best-known players of the instrument after the legendary Bismillah Khan. He hailed from a family of renowned Shehnai exponents from Benaras.
6)   President Barack Obama has nominated veteran appeals court judge Merrick Garland (63) to be the next US Supreme Court Justice. His nomination comes to vacancy in the US Supreme Court which was created after the death of SC Justice Antonin Scalia. The Supreme Court vacancy follows the death of Antonin Scalia last month. This appointment now has to be ratified by the Senate. Judge Garland is viewed as a centrist and moderate. He is highly regarded by the legal fraternity and lawmakers. India-born Srikanth Srinivasan was also one of the contenders for the nomination. Currently he is serving as US Circuit Judge of the US Court of Appeals for the District of Columbia.

Current affairs 16 - March - 2016

1)   Union Government has imposed anti-dumping duty of up to 44.7 per cent on import of plastic-processing machines from Chinese Taipei, Malaysia, Philippines and Vietnam for five years. The anti-dumping duty will be levied on imports of all kinds of plastic-processing or injection-moulding machines, also known as injection presses. The move is aimed at protecting the domestic industry from cheap in-bound shipments from these 4 countries.
2)   Haryana’s New Secretariat Building in Chandigarh has become first building in the country to have an early Earthquake Warning and Security system (onsite). The system was installed by New Delhi based Terra Techcom Private Limited and Secretary Electronics GmbH, Germany.
3)   India’s largest private sector lender ICICI Bank has launched new contactless mobile payment solution Touch & Pay based on Near Field Communication (NFC) technology. The payment solution will enable the bank’s credit and debit customers to make in-store contactless payments by waving their smartphones near an NFC-enabled merchant terminal. With this, ICICI Bank becomes first financial institution in the country to leverage the Host Card Emulation technique which creates virtual cards for physical debit or credit cards of the bank.
4)   Rajya Sabha has passed the Sikh Gurdwaras (Amendment) Bill, 2016 without any discussion. The Bill proposes to amend the some provisions of the Sikh Gurdwaras Act, 1925 retrospectively with effect from October, 2003.
5)   Lok Sabha has passed Constitution (Scheduled Castes) Order (Amendment) Bill, 2016 to include certain communities in the list of Scheduled Castes (SC) from 4 states. The bill seeks to amend Constitution (Scheduled Castes) Order, 1950 to include certain communities from Chhattisgarh, Haryana, Kerala and West Bengal in the list. It also has provisions for exclusion of certain communities from Odisha and removal of area restriction in respect of certain communities.
6)   The United Nations (UN) has suspended Russian tennis player Maria Sharapova as Goodwill Ambassador of the organisation after she was tested positive on doping allegations. She was suspended by New York based UN Development Programme (UNDP) until the outcome of the investigation into her case is known. However, UNDP has mentioned that they are grateful to Maria Sharapova for her support to their work, especially around the Chernobyl nuclear disaster recovery. Earlier in March 2016, the five times Grand Slam champion and the highest-paid female athlete Maria Sharapova had announced that she tested positive for a drug called meldonium, at the Australian Open earlier in January 2016.