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[Current Affairs] 2016-April/P3: Places in News, Banking-Finance GK, Gatimaan Express, Rajans Salary & morecontroversies

Posted ByMrunalOn 10/05/2016 @ 12:50 pm In PIN | 17 Comments

Prologue

Places in News: April 2016

Gujarat related current affairs for GPSC

Maharashtra

Delhi, the den of Evil

Banking-Finance GK: April 2016 for SBI PO/JA

BizGK: April 2016 for MBA

Controversies in News: April 2016

PrologueSo far, part 1 and 2 covered the polity, diplomacy, appointment, movies, books, authors and sports

related news that happened in April-2016.

This third and last part of the series, covers places and controversies in news, as well as banking and

business GK.

Places in News: April 2016Relevance: mostly for state services exams

Gujarat related current affairs for GPSC

Raivoli village Balasinor Taluk Kheda District- GSI had discovered dino remains in 80s, it has

potential to become UNESCO world Heritage site because it is the largest dino- egg hatchery in the

world. CAG criticized Gujarat government for not doing enough for protection and promotion of this

site.

Nalsaroar- is Ramsar Wetland Site (2012), CAG criticised Gujarat government for the rampant

poaching in this area.

Within General category: 10% quota for Economically backward classes- who earn less than 6 lakhs

a year.

state govt. passed a bill that provides CM-headed council to control all universities in the state.

National food security act implemented under the name of Maa Annapurna Scheme.

Imposed 5% Vat on interstate sale of industrial salt- the companies went on strike.

Gujarat religious polarization committee under Justice Sethna is winded up because no hearing or

progress since 2009.

Union government to merge Mahila Samakhya schemewith national rural livelihood mission

(NRLM); but Gujarat to continue this scheme. Gujarat had also started Nari Adalats under this

scheme, and that too will continue.


2/6

New bill by State government to oversee all university affairs through a statutory body headed by

CM. Now teaching and non-teaching staff can be transferred among the universities.

Maharashtra

Trupti Desai and her Bhumata Ranragini Brigade (BRB) allowed to enter in Shani Singhnapur temple,

after court order.Social activist Vidhya Bal had filled a PIL for entry of women in all temples of

Maharashtra.

New bill to regulate bar dance clubs in the state.

Marathwada consists of 8 districts: eight districts Aurangabad, Jalna, Beed, Parbhani, Latur,

Hingoli, Osmanabad and Nanded. In these areas, no new sugar mill will be allowed for next five

years.

Delhi, the den of Evil

What next? Shaktimaan Express to connect Kaladoonga Hills with Tamraj Kilvishs Den.

Indias fastest train Gatimaan Express to connect Delhi with Agra at speech 160kmph.

Odd-even vehicle policy starts again from 15th April, 2016.

Only CNG taxis allowed. No more diesel taxis in Delhi- orders SC.

Fire broke out at National Museum of Natural History- precious specimens destroyed

State government orders Taxi-app operators not to loot customers with surge pricing under which,

the taxi fares are rapidly increased during the peak demand situations, as in Odd-even time.

Other places in News

Bihar

Became the fourth state to impose liquor ban after Gujarat, Nagaland, Mizoram. Both

Desi and IMFL liquor is banned.

Civil consequences of crime: all civil and criminal convicts names will be displayed

on government site and theyll be barred from any government contracts or welfare

schemes.

HaryanaChief minister Manohar Lal Khattar changed name of Gurgaon to Gurugram- because

Pandav had given it as Guru Dakshina to Dronacharya.

Earthquake above 7.0 ritcher scale.


3/6

Japan and

Equador

JharkhandCapital: Ranchi. State government releases with new guideline on domicile.

Largest Tricolor at Ranchi, stuck in the flagpole, army called in for help.

MP

Indias largest private sector coal mine: @Sasan.

Worlds largest supercritical ultra-mega power project- @Sasan.

First state in India to create a department of Happiness. (UAE- first country to create

a ministry of happiness.)

First ever auction of Diamond Mines: Panna.

Odisha Indias most poor district Nabarangpur, will get a first government college.

Punjab BSF to hoist tallest Indian flag (350ft) at Attari-Wagah joint check post.

Uttar PradeshMizwan: birthplace of Shabana Azmis poet father- Kaifi Azmi. Shabana Azmis NGO

faces action for not paying entertainment tax in Maharashtra.

Uttrakhand Presidents Rule imposed under Art. 356

W.Bengal Garib Sal- traditional rice variety, contains silver and therefore medicinal properties.

Banking-Finance GK: April 2016Relevance:upcoming Probationary officers and junior assistants exam in SBI

Axis bank FIPB approved 74% foreign investment in this private sector commercial bank.

DBSSingapores largest bank. Got license to open foreign bank in India- itll be a Mobile

only Bank and parter with >500 cafes in India.

HDFC

insurance

2000: HDFC ltd + Standard Life = HDFC life insurance Indias first private insurance

company was launched. Now HDFC ltd. Now this company to become first insurance

company in India to launch an IPO

Latest

monetary

policy

Covered in this lecture video

RBI

As per RTI, Rajans basic pay: 90k, DA: 1,01,700 and other allowance is Rs.7,000.

Total over 1.98 lakh rupees, but still hes not the highest paid executive in RBI. Will 7th

Pay commissions recommendations apply to Rajanbhais salary? Find out in next

lecture.

SBILoan/credit card defaulters shall be ineligible to apply for jobs in SBI. SBI will use

CIBIL score and other records to ascertain a candidates financial record.

BizGK: April 2016Relevance: mostly in MBA admission interviews

Ajay BangaThis Indian American is the CEO of Mastercard, Obama appointed him in National

cybersecurity commission.

Bookmyshow Will offer customers to buy ticket now and pay within 30 days.

CII New president Naushad Forbes.

F8 Conference


4/6

Facebooks annual conference- laid out 10 year roadmap with plans for chatbots,

3d camera and virtual reality.

IIM-BRanked as top management institute in India, even ahead of IIM-A. As per HRD

Ministrys India Ranking report 2016.

Kris

Gopalakrishnan

Infosys co-founder, created app Itihasa containing 600 videos about history of

Indian IT industry.

MarutiReported quarterly loss because of the Jat Agitation in Haryana and subsequent

delays in its production at Manesar and Gurgaon plants.

MitsubishiAdmitted that it was involved in doing false mileage tests since 1991 to increase

sales.

MTNL Planning VRS for employees above 50 years age.

NASSCOM Tech Mahindras MD C.P.Gurnami became new chairman

NSEEx-CCI Ashok Chawla to be next Chairman of National stock exchange. Although

SEBI approval required for this appointment.

TCSTata Consultency services has built highest no. of school toilets under Swatchha

Vidhalaya Abhiyan.

Controversies in News: April 2016Relevance:Interviews and some really bogus PCS /clerical grade exams

Bangla

Bloggers

Hardcore Islamist groups are murdering bloggers -who write against Islam, in favor

of atheism or Christianity.

Dilma Rouseff Faces impeachment for masking budget problems.

Dolkun Isa

Muslim Uighurs of Xinjiang province have been running a secessionist movement

against China since 90s.

In Munich, theyve setup World Uighur Congress. Its chairman Dolkun Isa wanted to

visit India to meet Dalai Lama

But Indian Government cancelled his visa after pressure from China- that Dolkun

Isa is a terrorist.

IcelandCapital Reykjavik, PM Sigmunder David Gunnlaugsson resigned after Panama

Paperleak on money laundering.

IITsIncreased annual fees for General category -from 90k to 2 lakh. Women and

reserved categories exempted.

Inversion

In tax administration, inversion is process of moving company abroad to reduce

taxes. US Drugmaker Pfizer was planning to merge with an Ireland company to

reduce its tax liability by 1 billion dollar each year but Obama administration

prevented it.

Iphone

FBI wanted to unlock a Pak-American Terrorists Iphone but Apple didnt help

despite court order. If wrong password given for 10 times, phone will automatically

delete data. Ultimately, FBI bought a third party tool to unlock the device.

Jacob ZumaPres of South Africa (Capital is Johannesburg). He is accused of corruption,

Opposition parties demanding his resignation.


5/6

Khalida Zia Ex PM and head of Bangladesh Nationalist party, accused of planning bomb attack

on shipping minister.

Kulbhushan

Jadhav

Indian arrested in Pakistan for spying charges. Interview posted on TV where he

confessed spying for India.

Malegaon

bombing, 2009Nine Muslim accused acquainted.

Masood Azhar

India wanted UN sanctions on Masood Azhar- who is JeM boss and Pathankot attack

mastermind. But China blocked it saying Azhar doesnt meet UN criteria for

terrorism.

Mithun

TMCs Rajya Sabha MP and Bollywood disco Star and flop actor Mimoh Chakrabartys

father Mithun Chakrabarty is in controversy because in last two years, he remained

present in the house only for three days.

Mossack

Fonseca

Law firm in Panama city, helped in creation of shell companies for Ash, BigB, Harish

Salve and others. Indian Express exposed it.

NIT Srinagar

Group of students thrashed after defeat of India in ICC T-20 World cup semifinal

and outstation students prevented from flying tricolor.

Pakistan

Shariya courts:JuD Hafeez Said established Darul Qaza Sharia courts in Lahore.

He maintains theyre not parallel to judiciary but only meant as arbitration,

although anyone who doesnt comply with its summons, is threatened with dire

consequences.

Chhotu Gang: this and many other Robin hood bandit gangs operate in the Sindh-

Punjab region of Pakistan. Army started Blue Fox operation to weed them out.

Pankaja MundeMaharashtra revenue minister- she was criticised for taking selfies during drought

inspection.

Rajanbhai

In IMF summit, RBI governor Dr.Raghuram Rajan says Indian economy is a one-

eyed king in the land of blinds. Commence minister Nirmala Sitharamn is outraged.

Later he apologized to the Blind, saying theyre also capable.

Retd. Air

Marshal SP

Tyagi

Indicted for bribes in Italys Agusta-Westland VVIP chopper deal.

Tata SteelIts steel plant at Port Talbot in Welsh (UK) is making losses, deciding to shutdown,

Trade union demanding government to nationalize the steel sector.

Vijay Mallya

Non bailable warrant under prevention of money laundering act for IDBI loan fraud

case.

External Affairs ministry revoked his passport under Passport Act.

Visit Mrunal.org/PIN for Persons in news, books-authors, awards and sports related current affairs

for IBPS, SBI-PO, RBI, SSC, CDS, CAPF, ACIO and state service exams.

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