General Awareness 8th February 2017 | Current Affairs 8th February 2017

1. India misread our ties with China: Namal Rajapaksa

• India misinterpreted the Rajapaksa administration’s relationship with China, but it is silent on the current government’s engagement with the rising super power, Sri Lankan parliamentarian Namal Rajapaksa, the eldest son of former President Mahinda Rajapaksa, said.
• Considered a stronghold of the Rajapaksas, Hambantota houses a $1.5-million port that the former President built with Chinese loans.

2. Rs 3,308 cr project announced in BioAsia

The Telangana government signed a MoU with Cerestra to explore Life Sciences Infrastructure Fund to the tune of Rs 1,000 crore to create modular plug-and-play infrastructure for pharma/ biotech/ medical devices industry.

3. India to host to intiatives to combat nuclear terrorism in new delhi

In a move to rally support for India’s entry into the Nuclear Suppliers Group (NSG), New Delhi will host the Implementation and Assessment Group Meeting of the Global Initiative to Combat Nuclear Terrorism (GICNT) from February 8 to 10.

4. WLPGA 2017 Asia LPG Summit

• PM Modi inaugrated the WLPGA 2017 Asia LPG summit in New Delhi that will take place from Feb 7-8
• The WLPGA (World LPG Association) is organizing its major global event ‘the WLPGA Asia LPG Summit’ for the first time in India in partnership with the major Oil PSUs Indian Oil,HPCL,& BPCL
• The event will be atttended by more than 600 delegates from over 35 countries.

5. Uncertainty over U.S. nuclear plants for India

• Nuclear reactors in India after Toshiba Corp decided to move out of the reactor building business.
• Nuclear deal, India has been in discussion with Toshiba’s U.S.-based Westinghouse since 2005 to build six AP1000 nuclear reactors.
• Toshiba had acquired the U.S.-based Westinghouse, which specialises in nuclear reactors, in 2006.

6. 1st stable compound of chemically inactive helium confirmed

• Helium, considered to be a chemically inert and unreactive gas due to its extremely stable and closed-shell electronic configuration, has been confirmed to form a stable compound (Na2He) with sodium under high pressure.
• These findings were so unexpected that it took more than two years to convince science reviewers and editors to publish their results, said the lead researcher.

The post General Awareness 8th February 2017 | Current Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.

Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017

1. Sundaram Clayton appoints Muthuraj as CEO

• The Chennai-based company, which makes automotive components, has reported a six fold increase in its standalone net profit for the third quarter ended December 31, 2016Rs. 47.93 crore against Rs. 7.51 crore.
• During the quarter, the company had made an investment of $1 million in one million equity shares of Sundaram Holding USA Inc., according to a BSE filing.

2. PSU banks to join BHIM by February-end

“The gap in the number of app downloads and the number of customers linking the app to their bank account has been because it is observed that most of these customers have downloaded BHIM without checking if their bank is active on the platform”.

3. ‘India economy could pip U.S. on PPP by 2040’

• According to PwC, E7 economies comprising Brazil, China, India, Indonesia, Mexico, Russia and Turkey would grow at an annual average rate of almost 3.5% over the next 34 years, compared to just 1.6% for the advanced G7 nations of Canada, France, Germany, Italy, Japan, the U.K.
• To become the world’s largest economy in Public-private partnership terms, while India currently stands in third place and is projected to overtake the U.S.

4. Japan eases permanent visa norms to draw global talent

The new ‘Japanese Green Card for Highly Skilled Foreign Professionals’ will substantially reduce the period of stay required before highly skilled foreign professionals can apply for permanent residence from the current five years to just one year in cases where the applicant secures the required points.

5. Rajiv Singh takes over as acting CEO of Prasar Bharati

• Member (Finance) in Prasar Bharati Rajiv Singh today took over as the acting CEO of the countrys public service broadcaster.
• Singh has taken over as per a resolution of the Prasar Bharati Boards Resolution taken on January 14 in a meeting in Hyderabad.
• Suresh Panda, Member (Personnel), who was the acting CEO retired 5^th Feb 2017.

6. Amend  on bilateral taxation treaty, agreed by India and Austria

• The protocol will broaden the scope of the existing framework of exchange of tax related information which will help curb tax evasion and tax avoidance between the India and Austria
• It will also enable mutual assistance in collection of taxes, an official statement said.
• It was signed by Central Board of Direct Taxes.

The post Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.

General Awareness 8th February 2017 | Current Affairs 8th February 2017

1. India misread our ties with China: Namal Rajapaksa

• India misinterpreted the Rajapaksa administration’s relationship with China, but it is silent on the current government’s engagement with the rising super power, Sri Lankan parliamentarian Namal Rajapaksa, the eldest son of former President Mahinda Rajapaksa, said.
• Considered a stronghold of the Rajapaksas, Hambantota houses a $1.5-million port that the former President built with Chinese loans.

2. Rs 3,308 cr project announced in BioAsia

The Telangana government signed a MoU with Cerestra to explore Life Sciences Infrastructure Fund to the tune of Rs 1,000 crore to create modular plug-and-play infrastructure for pharma/ biotech/ medical devices industry.

3. India to host to intiatives to combat nuclear terrorism in new delhi

In a move to rally support for India’s entry into the Nuclear Suppliers Group (NSG), New Delhi will host the Implementation and Assessment Group Meeting of the Global Initiative to Combat Nuclear Terrorism (GICNT) from February 8 to 10.

4. WLPGA 2017 Asia LPG Summit

• PM Modi inaugrated the WLPGA 2017 Asia LPG summit in New Delhi that will take place from Feb 7-8
• The WLPGA (World LPG Association) is organizing its major global event ‘the WLPGA Asia LPG Summit’ for the first time in India in partnership with the major Oil PSUs Indian Oil,HPCL,& BPCL
• The event will be atttended by more than 600 delegates from over 35 countries.

5. Uncertainty over U.S. nuclear plants for India

• Nuclear reactors in India after Toshiba Corp decided to move out of the reactor building business.
• Nuclear deal, India has been in discussion with Toshiba’s U.S.-based Westinghouse since 2005 to build six AP1000 nuclear reactors.
• Toshiba had acquired the U.S.-based Westinghouse, which specialises in nuclear reactors, in 2006.

6. 1st stable compound of chemically inactive helium confirmed

• Helium, considered to be a chemically inert and unreactive gas due to its extremely stable and closed-shell electronic configuration, has been confirmed to form a stable compound (Na2He) with sodium under high pressure.
• These findings were so unexpected that it took more than two years to convince science reviewers and editors to publish their results, said the lead researcher.

The post General Awareness 8th February 2017 | Current Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.

Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017

1. Sundaram Clayton appoints Muthuraj as CEO

• The Chennai-based company, which makes automotive components, has reported a six fold increase in its standalone net profit for the third quarter ended December 31, 2016Rs. 47.93 crore against Rs. 7.51 crore.
• During the quarter, the company had made an investment of $1 million in one million equity shares of Sundaram Holding USA Inc., according to a BSE filing.

2. PSU banks to join BHIM by February-end

“The gap in the number of app downloads and the number of customers linking the app to their bank account has been because it is observed that most of these customers have downloaded BHIM without checking if their bank is active on the platform”.

3. ‘India economy could pip U.S. on PPP by 2040’

• According to PwC, E7 economies comprising Brazil, China, India, Indonesia, Mexico, Russia and Turkey would grow at an annual average rate of almost 3.5% over the next 34 years, compared to just 1.6% for the advanced G7 nations of Canada, France, Germany, Italy, Japan, the U.K.
• To become the world’s largest economy in Public-private partnership terms, while India currently stands in third place and is projected to overtake the U.S.

4. Japan eases permanent visa norms to draw global talent

The new ‘Japanese Green Card for Highly Skilled Foreign Professionals’ will substantially reduce the period of stay required before highly skilled foreign professionals can apply for permanent residence from the current five years to just one year in cases where the applicant secures the required points.

5. Rajiv Singh takes over as acting CEO of Prasar Bharati

• Member (Finance) in Prasar Bharati Rajiv Singh today took over as the acting CEO of the countrys public service broadcaster.
• Singh has taken over as per a resolution of the Prasar Bharati Boards Resolution taken on January 14 in a meeting in Hyderabad.
• Suresh Panda, Member (Personnel), who was the acting CEO retired 5^th Feb 2017.

6. Amend  on bilateral taxation treaty, agreed by India and Austria

• The protocol will broaden the scope of the existing framework of exchange of tax related information which will help curb tax evasion and tax avoidance between the India and Austria
• It will also enable mutual assistance in collection of taxes, an official statement said.
• It was signed by Central Board of Direct Taxes.

The post Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.

General Awareness 8th February 2017 | Current Affairs 8th February 2017

1. India misread our ties with China: Namal Rajapaksa

• India misinterpreted the Rajapaksa administration’s relationship with China, but it is silent on the current government’s engagement with the rising super power, Sri Lankan parliamentarian Namal Rajapaksa, the eldest son of former President Mahinda Rajapaksa, said.
• Considered a stronghold of the Rajapaksas, Hambantota houses a $1.5-million port that the former President built with Chinese loans.

2. Rs 3,308 cr project announced in BioAsia

The Telangana government signed a MoU with Cerestra to explore Life Sciences Infrastructure Fund to the tune of Rs 1,000 crore to create modular plug-and-play infrastructure for pharma/ biotech/ medical devices industry.

3. India to host to intiatives to combat nuclear terrorism in new delhi

In a move to rally support for India’s entry into the Nuclear Suppliers Group (NSG), New Delhi will host the Implementation and Assessment Group Meeting of the Global Initiative to Combat Nuclear Terrorism (GICNT) from February 8 to 10.

4. WLPGA 2017 Asia LPG Summit

• PM Modi inaugrated the WLPGA 2017 Asia LPG summit in New Delhi that will take place from Feb 7-8
• The WLPGA (World LPG Association) is organizing its major global event ‘the WLPGA Asia LPG Summit’ for the first time in India in partnership with the major Oil PSUs Indian Oil,HPCL,& BPCL
• The event will be atttended by more than 600 delegates from over 35 countries.

5. Uncertainty over U.S. nuclear plants for India

• Nuclear reactors in India after Toshiba Corp decided to move out of the reactor building business.
• Nuclear deal, India has been in discussion with Toshiba’s U.S.-based Westinghouse since 2005 to build six AP1000 nuclear reactors.
• Toshiba had acquired the U.S.-based Westinghouse, which specialises in nuclear reactors, in 2006.

6. 1st stable compound of chemically inactive helium confirmed

• Helium, considered to be a chemically inert and unreactive gas due to its extremely stable and closed-shell electronic configuration, has been confirmed to form a stable compound (Na2He) with sodium under high pressure.
• These findings were so unexpected that it took more than two years to convince science reviewers and editors to publish their results, said the lead researcher.

The post General Awareness 8th February 2017 | Current Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.

Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017

1. Sundaram Clayton appoints Muthuraj as CEO

• The Chennai-based company, which makes automotive components, has reported a six fold increase in its standalone net profit for the third quarter ended December 31, 2016Rs. 47.93 crore against Rs. 7.51 crore.
• During the quarter, the company had made an investment of $1 million in one million equity shares of Sundaram Holding USA Inc., according to a BSE filing.

2. PSU banks to join BHIM by February-end

“The gap in the number of app downloads and the number of customers linking the app to their bank account has been because it is observed that most of these customers have downloaded BHIM without checking if their bank is active on the platform”.

3. ‘India economy could pip U.S. on PPP by 2040’

• According to PwC, E7 economies comprising Brazil, China, India, Indonesia, Mexico, Russia and Turkey would grow at an annual average rate of almost 3.5% over the next 34 years, compared to just 1.6% for the advanced G7 nations of Canada, France, Germany, Italy, Japan, the U.K.
• To become the world’s largest economy in Public-private partnership terms, while India currently stands in third place and is projected to overtake the U.S.

4. Japan eases permanent visa norms to draw global talent

The new ‘Japanese Green Card for Highly Skilled Foreign Professionals’ will substantially reduce the period of stay required before highly skilled foreign professionals can apply for permanent residence from the current five years to just one year in cases where the applicant secures the required points.

5. Rajiv Singh takes over as acting CEO of Prasar Bharati

• Member (Finance) in Prasar Bharati Rajiv Singh today took over as the acting CEO of the countrys public service broadcaster.
• Singh has taken over as per a resolution of the Prasar Bharati Boards Resolution taken on January 14 in a meeting in Hyderabad.
• Suresh Panda, Member (Personnel), who was the acting CEO retired 5^th Feb 2017.

6. Amend  on bilateral taxation treaty, agreed by India and Austria

• The protocol will broaden the scope of the existing framework of exchange of tax related information which will help curb tax evasion and tax avoidance between the India and Austria
• It will also enable mutual assistance in collection of taxes, an official statement said.
• It was signed by Central Board of Direct Taxes.

The post Banking Awareness 8th February 2017 | Financial Affairs 8th February 2017 appeared first on Exambin | Social Competitive Learning.