September 23 & 24 – 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!!!

AWARDS AND HONOURS

First Jesse Owens Award goes posthumously to Muhammad Ali

The first Jesse Owens Olympic Spirit Award will recognize the late Muhammad Ali. The Owens Award was started this year, the 80th anniversary of Owens’ four-gold-medal performance at the 1936 Olympics in Berlin, and is to be presented annually to recognize people who have served as an inspiration in society. Ali won the gold medal at the Rome 1960 Olympics, then took three world heavyweight championships in 1964, 1974 and 1978.

Quick Link – First Jesse Owens Award

Mukesh Ambani continues to be India’s richest: Forbes

Reliance Industries Limited Chairman Mukesh Ambani has topped Forbes’annual list of India’s 100 richest tycoons for 2016 a net worth of $22.7 billion. Ambani has retained the number one spot for the ninth consecutive year. MD of Sun Pharmaceuticals Dilip Shanghvi ($16.9 bn) and Hinduja brothers ($15.2 billion) ranked second and third respectively, according to the list.

Quick Link – India’s richest

Oxford replaces Caltech as world’s best university

UK-based University of Oxford was ranked the best university in the world in Times Higher Education University Rankings, pushing US-based California Institute of Technology, the five-time topper of the list, to the second spot. Stanford University, University of Cambridge, and Massachusetts Institute of Technology took the third, fourth, and fifth spots respectively.

Quick Link – Oxford World’s Best Univ

‘Visaaranai’ is India’s official entry to Oscars 2017

Visaranai, the Tamil docu-drama crime thriller, has been chosen India’s official entry to Best Foreign Language Film category at the 89th Academy Awards to be held in 2017. The national award-winning film, directed by Vetrimaran, and produced by actor Dhanush’s Wunderbar Films, documents four migrant workers who suffer police brutality and corruption after being jailed on false charges.

Quick Link – Visaaranai

APPOINTMENTS

Navtej Sarna Appointed ambassador to the US

India’s High Commissioner to the UK,Navtej Singh Sarna, has been appointed the new Ambassador to the US. He will succeed the current envoy Arun Singh. A 1980-batch Indian Foreign Service officer, Sarna will take over from Arun Kumar Singh, who has retired from the service. Sarna, who has authored several books, fiction as well as non-fiction, had succeeded Ranjan Mathai as India’s envoy to the UK.

Quick Link – Navtej Sarna

Madhusudan sahoo appointed as bankrupcy board chief

Madhusudan Sahoo was appointed as chairperson of Insolvency and Bankruptcy Board of India. Sahoo is presently member of Competition Commission of India. The Appointments Committee of Cabinet has approved his appointment to the post for five years, an order issued by Department of Personnel and Training.

Quick Link – Madhusudan sahoo

Sanjiv singh is new chairman of Indian Oil Corpration (IOC)

Sanjiv Singh will be the new Chairman of Indian Oil Corporation Ltd, the nation’s largest company. Singh, 56, who is currently Director of Refineries at IOC, was selected for the top job after government head hunters Public Enterprise Selection Board (PESB) interviewed eight candidates. A Chemical Engineer from IIT-Roorkee, Singh joined IOC in December 1981 as Trainee Engineer and has worked in various positions at Mathura, Barauni and Panipat refineries of the company.

Quick Link – Sanjiv singh

SS malikajuna Rao charge as New ED for Syndicate bank

S S Mallikarjuna Rao has assumed charge as executive director of Manipal-based Syndicate Bank on September 15. Prior to joining the Bank, Mallikarjuna Rao was general manager and CFO of Oriental Bank of Commerce, looking after alternate delivery channels, marketing and publicity. He was also head of operational excellence team of 70 members handling electronic delivery channels and cash management services of the Bank.

Quick Link – SS malikajuna Rao

INDIAN AFFAIRS

Childhood Cancer Awareness Exhibition At Taj Mahal

The National Society for Change for Childhood Cancer will be a organising a first-of-its-kind exhibition ‘CanKids-Kidscan’ on childhood cancer awareness at the iconic Taj Mahal in Agra from September 25 to 27. As per a press release issued by the organizers, the exhibition will include‘Chalo Chalein Taj programme‘ under which around 1,500 cancer-affected children and their families will visit the Taj Mahal. Street play by childhood cancer survivors will also be shown at the function.

Quick Link – Childhood Cancer Awareness

TN Government allots Rs 204 crore for ‘Thaaliku Thangam’ scheme under marriage assistance programme

Tamil Nadu government has allotted Rs 204 crore towards the implementation of enhanced gold scheme under a marriage assistance programme. Rs 204 crore has been allotted for ‘Thaaliku Thangam’ (Gold for Mangalsutra) scheme for the year 2016-17 to benefit 12,500 women. Assistance of Rs 25,000 for beneficiaries who have passed Class X and Rs 50,000 to those with an undergraduate degree or diploma is also given as part of the scheme.

Quick Link – ‘Thaaliku Thangam’ scheme

Andhra Bank ties up with Cigna TTK, Reliance General Insurance

Public sector lender Andhra Bank said that it has entered into agreements with private insurers Cigna TTK and Reliance General Insurance to provide health and general insurance services to its customers. The agreement was signed by Andhra Bank Executive Director S K Kalra, MD and CEO of Cigna TTK Health Insurance Sandeep Patel and CEO of Reliance General Insurance Rakesh Jain. Andhra Bank shares closed at Rs. 60.95 apiece, down 0.08 percent from their previous close.

Quick Link – Andhra Bank ties up

Delhi worst workplace for women in India: Study

The northeastern state of Sikkim has the best working conditions for women, whereas the national capital has the worst, according to a report by the Centre for Strategic and International Studies (CSIS), a top American think tank, and Nathan Associates. Sikkim tops the list with a score of 29.5, while Delhi received just 8.5. According to the report, India has the world’s lowest rate (24 per cent) of female workforce participation.

Quick Link – Delhi worst workplace for women

Cabinet approves Rs.1102 cr cable think to Andaman

The NDA Govt Cabinet on Sep 21, 2016 approved a Rs 1,102.38 crore project for a direct communication link through a dedicated submarine Optical Fibre Cable (OFC) between the mainland and Andaman and Nicobar Islands. The project to be completed by December 2018, will link Chennai with Port Blair and five other islands of Little Andaman, Car Nicobar, Havelock, Kamorta and Great Nicobar.

Quick Link – cable think to Andaman

World’s largest solar plant unveiled in Tamil nadu

Adani Green Energy (Tamil Nadu) Ltd, part of the Adani Group, has dedicated to the nation the world’s largest solar power plant of 648 megawatts (MW), set up at Kamuthi in Ramanathapuram district of Tamil Nadu. The plant has been set up with an investment of around Rs 4,550 crore, a company.It is part of the state government’s target to generate 3,000 MW in line with its new solar energy policy unveiled in 2012. The company sourced equipment and machinery from various parts of the world to set up the 648 MW capacity within a record time of 8 months.

Quick Link – World’s largest solar plant

Persident,PM launch Vice president’s Book Titled Citizen and Society

The Prime Minister, Shri Narendra Modi, attended the function for the release of the book “Citizen and Society,” written by the Vice-President Shri Hamid Ansari. The book was released by the President of India, Shri Pranab Mukherjee, at Rashtrapati Bhawan. Speaking on the occasion, the Prime Minister congratulated the Vice President for presenting his thoughts to the future generations through the book.

BANKING AND FINANCE

3 independent economists appointed to RBI policy panel

India’s government has picked three economists from the academic world for a new monetary policy committee (MPC) to set interest rates, as the Reserve Bank of India (RBI) gets ready for a landmark switch in the way it decides policy. The non-RBI members named are Chetan Ghate, a professor at Indian Statistical Institute; Pami Dua, a director at the Delhi School of Economics; and Ravindra Dholakia, a professor at the Indian Institute of Management in Ahmedabad, in Prime Minister Narendra Modi’s home state of Gujarat.

Quick Link – RBI policy panel

FOREIGN RELATIONS

India, US armies hold joint training in Uttarakhand

The Indian army and US troops participated in a joint training operation in the Uttarakhand hills, as a part of the ongoing ‘Yudh Abhyas 2016’ exercise, a defence official said. The troops practiced small tactical operations as well as specialised mountain warfare techniques. It is the 12th edition of the joint military exercise hosted alternately by the two countries. The two week (from September 14 to 27) exercise will witness participation of about 225 personnel of Congo Brigade of the Indian Army and similar strength of the US Army.

Quick Link – India, US armies

Govt clears deal to buy 36 rafale jets for Rs.58 cr

India has signed a contract to from French defence major Dassault Aviation for around Rs.58,000 crore in an effort to modernise Indian Air Force’s ageing fleet. The deal was finalised with the signing of the Inter-Governmental Agreement (IGA) by the Minister for Defence, Manohar Parrikar, and his French counterpart, Jean-Yves le Drian, at the Ministry of Defence.

Quick Link – buy 36 Rafale fighter jets

OBITUARY

Senior RSS leader Jadish Gagneja dies at 65

Senior RSS leader Jagdish Gagneja, who was shot at in Jalandhar by unidentified assailants in August, died at a hospital in Ludhiana. He was also the Vice-President of the Punjab unit of the Sangh Gagneja, 65, breathed his last at 9.16 am at the Hero DMC Heart Institute, Dr GS Wander, Director of the Institute.

Quick Link – Jadish Gagneja


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