Quick Gyan | Daily Current Affairs

September 16 – Current Affairs Quick Gyan

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

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AWARDS AND HONOURS

Vijaya Bank gets award

Vijaya Bank has bagged the second prize under Rajbhasha Kirti Puraskar for the year 2015-16. The prize was accepted by Kishore Sansi, Managing Director & CEO Vijaya Bank, from President Pranab Mukherjee at Rashtrapati Bhavan Auditorium, New Delhi. Union Home Minister Rajnath Singh, MoS for Home Affairs Kiren Rijiju and others also took part in the function.

Quick Link – Vijaya Bank

Award for Karnataka Vikas Grameena Bank insurance effort

Dharwad based Karnataka Vikas Grameena Bank has bagged four awards for inclusive insurance for 2016 from Skoch Group. S Ravindran, chairman, received the award from Sameer Kochhar, chairman of Skoch Group, in Hyderabad. The bank, which operates in nine districts of Karnataka covering 57 taluks, has brought 28 lakh people under Pradhan Mantri Jeevan Jyoti Bima Yojna, PM Suraksha Bima Yojna and PM Jan Dhan Yojna.

Quick Link – Karnataka Vikas Grameena Bank

Indian-American physician to receive National Humanities Medal

Indian-American physician-author Abraham Verghese, whose work has emphasised empathy in medicine, has been selected for the prestigious 2015 National Humanities Medal.Verghese is known for his emphasis on empathy for patients in an era in which technology often overwhelms the human side of medicine. Currently a professor of medicine at the Stanford School of Medicine, 61-year-old Verghese has authored several acclaimed books, including “My Own Country” and “Cutting for Stone”.

Quick Link – National Humanities Medal

Two India-born MIT scientists win prestigious US awards

Two Indo-American scientists from Massachusetts Institute of Technology (MIT) have been conferred with prestigious awards for their path-breaking inventions. Nasik-born Ramesh Raskar, an imaging scientist and inventor at MIT, has been awarded the $500,000 Lemelson-MIT Prize 2016, it was announced at Cambridge, in Massachusetts. Dinesh Bharadia, researcher at MIT, won the Paul Baran Young Scholar Award of the US-based Marconi Society.

Quick Link – prestigious US awards

APPOINTMENTS

Narayana Murthy named Director of RCI, DRDO

Top scientist B.H.V.S. Narayana Murthy has been appointed Director, Research Centre Imarat (RCI) of the Defence Research and Development Organisation (DRDO). RCI is a premier DRDO laboratory of Dr APJ Abdul Kalam Missile Complexspearheading the design, development and delivery of state-of-the-art avionics systems for the entire Indian missile development programme.

Quick Link – Narayana Murthy

INDIAN AFFAIRS

Image for the news result Uber partners NSDC, Maruti to skill 1 million by 2018

Global taxi aggregator Uber is teaming up with Maruti Suzuki to push up the number of drivers on its platform to over one million. According to a memorandum of understanding (MoU) signed between the companies, carmaker Maruti Suzuki will assess and train 30,000 commercial drivers for Uber, over the next three years. Driver training and on-boarding programmes will be organised, which are required to join the Uber platform. Maruti has 370 driving schools and six institutes of driving and traffic research.

Quick Link – Uber is teaming up with Maruti Suzuki

Naropa Festival begins in Ladakh

The Naropa festival, which is held every 12 years, began today at the 17th century Hemis Monastery in Ladakh. The main events at the week-long Naropa festival, a celebration of the 1,000th birth anniversary of Saint Naropa, are the display of six bone ornaments and the unfurling of the ancient silk Thangka (Tibetan Buddhist painting) of Buddha Amitabha

BIhar CM Nitish launches website on 350th Prakash Utsav

Bihar Chief Minister Nitish Kumar launches a three-day international Sikh conventionwould be held here ahead of the Prakash Utsav of Guru Gobind Singh. He launched a website to provide information on the celebration of 350th Prakash Utsav of the Sikh guru early next year.
The website has been developed by tourism department and provides information to visitors about how to reach Patna and where to stay during the function, he said at the function held on the occasion.

Quick Link – 350th Prakash Utsav

INTERNATIONAL AFFAIRS

China celebrates Mid-Autumn Festival

Chinese communities are celebrating the Mid-Autumn Festival, a harvest festivalwhich takes place on the 15th day of the eighth month of the Lunar calendar. People celebrate the festival by gazing at the moon, as well as eating ‘moon cakes’ made of wheat flour and stuffing. The festival is also celebrated in Singapore, Vietnam, Hong Kong and Taiwan.

Quick Link – Mid-Autumn Festival

BANKING AND FINANCE

Deutsche Bank fined $14 billion over 2008 crisis

Deutsche Bank has been asked to pay a fine of $14 billion by the US Department of Justice to settle an investigation into mis-selling of mortgage-backed securities. The malpractices by several leading banks are cited as the primary reason for the 2008 financial crisis. The verdict comes on the eighth anniversary of the fall of Lehman Brothers.

Quick Link – Deutsche Bank fined $14 bn

FOREIGN RELATIONS

17th Summit of the Non-Aligned Movement (NAM)

Vice-President Hamid Ansari will be representing India at the upcoming 17th Summit of the Non Aligned Movement (NAM) to be held at Margarita Island in Venezuela from September 17-18. This will be the second time that the Prime Minister of India will not be representing the country at the Summit. India is one of the founding members of the Non Aligned Movement and it hosted the 7th NAM Summit in 1983 in New Delhi.

Quick Link – Non-Aligned Movement (NAM)

MERGERS AND ACQUISITIONS

ONGC inks deal to buy extra 11% stake in Russian Vankor fields

State-run Oil and Natural Gas Corp. Ltd (ONGC) has signed definitive agreements withRussia’s national oil company Rosneft PJSC to acquire an additional 11% stake in its unit, JSC Vankorneft, which has a licence to produce hydrocarbons from the Vankor field in Siberia. The definitive agreement was signed in Moscow by Narendra K. Verma, chief executive officer and managing director of ONGC’s overseas arm ONGV Videsh Ltd, and Igor Sechin, chairman of Rosneft’s board of directors.

Quick Link –
ONGC inks deal With vankor