October 26 2015 – Current Affairs Quick Gyan

21. Andhra Pradesh signed two memorandums with Japan for development of the State

Government of Andhra Pradesh has signed a MoC for development of economic infrastructure and a MoU to develop Amaravati with the Government of Japan. They were signed during foundation stone laying ceremony of Amaravati, the new capital of Andhra Pradesh.

The MoU was signed between Andhra Pradesh Finance department and Japan Bank for International Cooperation (JBIC). Its focus is on inviting foreign investments and developing the state’s new capital city and the surrounding region.

22. Doordarshan emerges most watched Hindi channel

Public broadcaster Doordarshan today claimed that it has emerged as the most watched Hindi channel in terms of time spent per viewer ahead of top general entertainment channels (GECs). DD National, the flagship channel of the network, registered an Average Time Spent of 51 Min per viewer, highest among Hindi GECs, in the week 41 as per BARC ratings.

23. Sin Tax to be imposed on alcohol, tobacco during GST regime

Sin Tax has been included under the proposed Goods and Services Tax (GST) law that will be effective from 1 April 2016. Sin tax is an excise tax levied on products and services like alcohol, tobacco and gambling considered bad for health or society. These additional taxes are also seen as efforts to discourage people from use of such products or services.

This kind of tax is often used by government to attract higher their tax revenues as people generally refrain from opposition to such levies as they are indirect in nature and affect only their end users.

24. Vartika 2nd Runner up in Miss Grand International

India’s Vartika Singh came second runner-up at the Miss Grand International 2015 pageant. The Pageant will be held in Bangkok on 25th October 2015. Anea Garcia of the Dominican Republic won the title while Australia’s Claire Elizabeth Parker was the first runner-up and Parul Shah of the Philippines was the third runner-up.

Vartika also won the sub-contest `Best In Social Media’ among the 78 contestants from all over the world.


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