June 22 – Current Affairs Quick Gyan

Dear Friends,

Welcome to the Quick Gyan (QG) Section of D2G. QG is just a glimpse of what happened today all over the world.

Only For Serious Candidates : We strongly recommend you to read the Current Affairs in detail. For your convenience, we have provided quick links under the updates. Make use of it.

Always Keep Yourself Updated!!!

BANKING AND FINANCE

Ken Miyauchi replaces Nikesh Arora at SoftBank

Japanese conglomerate SoftBank said Ken Miyauchi, head of the group’s Japanese telecommunications operations, would replace Nikesh Arora as president and chief operating officer. Recently Arora had abruptly resigned from his position after it became clear that Chairman and CEO Masayoshi Son wanted to continue in his current post for another 5-10 years. Miyauchi held 1,101,230 shares of SBG as of March 31, 2016, according to a statement by SoftBank.

Quick Link – Ken Miyauchi replaces Nikesh Arora

India ranks 10th in FDI inflows: UNCTAD report

India continues to be among the top ten countries in terms of foreign direct investment (FDI) inflows globally and the fourth in developing Asia, as per the World Investment Report 2016 by the United Nations Conference for Trade and Development (UNCTAD). India’s FDI inflows have increased to $44 billion in 2015 as compared to $35 billion in 2014, and the growth has been across the board.

A surge in investments in the first four months of 2016 is mainly on account of the Make in India initiative, along side liberalization measures and reforms initiated by the National Democratic Alliance, which make India an attractive investment decision.

Quick Link – FDI-UNCTAD

INDIAN AFFAIRS

Cabinet Approvals – April 22′ 2016

i) Cabinet approves ₹10,000 crore fund for startups

ii) Cabinet approves ₹6,000 cr package for textiles

iii) Cabinet approves biggest ever spectrum auction

iv) Cabinet approves MoU between India and Germany 

v) Cabinet approves Protocol amending the Agreement for avoidance of double taxation and prevention of fiscal evasion with Belgium

vi) Cabinet approves four laning of Hubli-Hospet Section of NH-63 in Karnataka 

Quick Link – Cabinet Approvals

Maharashtra to set up anti-terrorism school for cops

The Maharashtra Cabinet has approved a proposal to set up a Counter-Insurgency and Anti-Terrorist school at Nagpur to train police and other security forces in combating left-wing extremism and militancy. It will provide “state-of-the-art” training facilities for jungle and field tactics, ambush, and handling of weapons. The Centre and the state will jointly fund the school. The state government will operate and oversee its functioning and an IPS officer will be specially deployed.

Quick Link – Anti-Terrorist school

INTERNATIONAL AFFAIRS

Virginia Raggi became first female mayor of Rome

Virginia Raggi has been elected as Rome’s first female mayor in a triumph for the populist Five Star Movement (M5S), representing a blow to Matteo Renzi, Italy’s prime minister. Raggi swept into City Hall on Sunday with two-thirds of the votes cast in a runoff contest with Roberto Giachetti of Renzi’s centre-left Democratic Party (DP). A lawyer and local councillor, Raggi has leapt from anonymity to become one of the best-known faces in Italian politics in the space of only a few months on the campaign trail.

Quick Link – Virginia Raggi

FOREIGN RELATIONS

Nagpur and China’s Jinan become ‘sister cities’

Nagpur city and China’s Jinan city have become sister cities for exchange of ideas and technology. Nagpur Municipal Corporation (NMC) and Jinan, Municipal People’s Republic of China, entered into an agreement on Monday to develop sister city relationship between the two cities.

The move is a part of agreement signed between union ministry of external affairs and ministry of foreign affairs, People’s Republic of China, for facilitating cooperation and linkages between cities of the two countries and states/provinces on May 20, 2013.

Quick Link – Sister cities

SCIENCE AND TECHNOLOGY

ISRO launches record 20 satellites in a mission

India has successfully launched 20 satellites in a single mission, the most in the history of the country’s ambitious space programme. They include satellites belonging to the United States, Canada, Germany and Indonesia. The launch took place from the Sriharikota space centre off India’s east coast. It is a sign that India is emerging as a major player in the multi-billion dollar space market.

Quick Link – 20 satellites

China becomes world leader in supercomputers

A new list of the world’s fastest supercomputers provides more evidence that the once-yawning technology gap between the United States and China is closing. China dominates a biannual ranking of the world’s 500 fastest supercomputers, called the Top500. Not only does China have the world’s fastest machine for the seventh consecutive time, it has the largest number of computers among the top 500 — a first for any country other than the United States. Also for the first time, the world’s fastest supercomputer uses Chinese-made microprocessor chips instead of chips from Silicon Valley’s Intel.

Quick Link – Supercomputers

ISRO to test indigenously developed scramjet engine

Engineers at ISRO are gearing up to test the scramjet engine developed in-house to power the Reusable Launch Vehicle (RLV) due to undergo the first experimental flight shortly. The scramjet engine which uses air breathing propulsion technology for hypersonic flight is scheduled to be test flown in January or February. The scramjet engine would be strapped to a two-stage Rohini sounding rocket for the experimental flight lasting seven seconds. It will be released at a height of 70 km and ignited during the coasting phase.

Quick Link – Scramjet engine

OBITUARY

Renowned Telangana poet Guda Anjaiah passes away

Leading Telugu poet and Telangana song writer Guda Anjaiah died after prolonged illness. He was born in Dandepalli village of Lingapur mandal of Adilabad district in 1955. Chief Minister K Chandrashekar Rao and other political party leaders expressed condolence over his death and recalled his services to the Telangana movement. Chandrashekar Rao expressed deep condolences to the bereaved families of Anjaiah.

Quick Link – Guda Anjaiah passes away


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