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MBA GK Updates - Dec 08 to Dec 15 2016
 

MBA GK Updates - Dec 08 to Dec 15 2016

TestFunda ,  15-Dec-16
PM Narendra Modi ranked 9th among world’s most powerful people by Forbes
India > Forbes > Dec 15

Prime Minister Narendra Modi has been ranked among the top 10 most powerful people in the world by Forbes in a list that has been topped by Russian President Vladimir Putin for a fourth straight year and had US President-elect Donald Trump in the second place. Modi ranks 9th on the Forbes list of 74 of the World’s Most Powerful People.


China installs weapons systems on artificial islands in South China Sea: US think tank
World > China > Dec 15

China appears to have installed weapons, including anti-aircraft and anti-missile systems, on all seven of the artificial islands it has built in the South China Sea, a US think tank reported on Wednesday, citing new satellite imagery. The Asia Maritime Transparency Initiative (AMTI) said its findings come despite statements by the Chinese leadership that Beijing has no intention to militarize the islands in the strategic trade route, where territory is claimed by several countries.


PepsiCo chief Indra Nooyi joins Donald Trump's strategic policy forum
World > Donald Trump > Dec 15

Indian-American PepsiCo CEO Indra Nooyi has joined Donald Trump's Strategic and Policy Forum that aims to assist the US president-elect in implementing his economic agenda, the presidential transition team said on Wednesday. Chennai-born Nooyi, 61, is the only Indian-origin executive in the 19-member President's Strategic and Policy Forum, which was first announced early this week. Three new members were also announced in addition to the current 16.


Supreme Court directs ban on sale of liquor on all National Highways
India > National Highway > Dec 15

A Supreme Court bench headed by Chief Justice of India TS Thakur on Thursday directed to ban liquor on all National Highways. The apex court in its order said all the licenses of liquor shops in and around the National Highways in all the states would be closed.


Eiffel Tower to go dark in solidarity with people of Aleppo
World > France > Dec 15

Paris will turn off the famed lights of the Eiffel Tower on Wednesday as a gesture of solidarity with the citizens of the Syrian city of Aleppo, hit by a humanitarian crisis as residents flee heavy fighting. Paris Mayor Anne Hidalgo said the Eiffel Tower, typically illuminated by thousands of sparkling lights every night, will go dark as of 8 p.m. (1900 GMT).


Italy's parliament approves government of new PM Gentiloni
World > Italy > Dec 15

Paolo Gentiloni and his government received the approval of the Senate, having secured a vote of confidence in the lower house on Tuesday. The new government, with many of the same ministers, will now serve until fresh elections are held. Matteo Renzi resigned as PM last week after losing a referendum.


India's demonetisation drive drags down Nepal economy
World > Nepal > Dec 14

India's scrapping of high-value bank notes last month has dragged down economic growth in neighbouring Nepal with trade, remittances and tourist numbers all down, BMI Research, a group company of the Fitch rating agency, said on Wednesday. BMI has revised down its forecast for land-locked Nepal's economy, saying that India's demonetisation could shave Nepal's growth down to 2.2 per cent for this fiscal year to July 2017, from an earlier estimate of 2.5 per cent.


Portugal's Antonio Guterres sworn in as next UN secretary-general
World > UN secretary-general > Dec 12

Former Portuguese Prime Minister Antonio Guterres took the oath of office on Monday to be the ninth United Nations Secretary-General, with his hand on a copy of the UN Charter in front of the 193-member General Assembly. Guterres, 67, will replace Ban Ki-moon, 72, of South Korea on January 1.


India likely to miss April deadline for GST
India > 
GST > Dec 12

India is likely to miss a self-imposed deadline to launch the Goods and Services Tax (GST) from April after a meeting of federal and state officials ended on Sunday without deciding who would administer the tax. Central and state finance officials failed to resolve their differences amid acrimony over Prime Minister Narendra Modi's shock decision last month to abolish high-value banknotes in an attempt to combat tax evasion, forgery and corruption.

Source: 
http://testfunda.com/T/104371

Cyclone Vardah keeps Andhra Pradesh on high alert; over 9,400 evacuated
India 
< Cyclone vardah > Dec 12

Over 9,400 people living along the Bay of Bengal coast in SPS Nellore district of Andhra Pradesh were today evacuated to relief camps amid heavy rains due to the influence of severe cyclonic storm Vardah.

Source: http://testfunda.com/T/104367

Cyrus Mistry removed as director of Tata Industries
Corporate
 > Tata Industries > Dec 12

The boardroom battle between Tata Sons and its former chairman refuses to end with Cyrus Mistry being removed as the director of Tata Industries. The announcement was made by a spokesperson of Tata Sons today. According to sources in the company, Mistry was voted out at the EGM (Extraordinary General Meeting) of the Tata Industries.

Source: http://testfunda.com/T/104368

AgustaWestland scam: After SP Tyagi's claim, CBI to question ex-PMO officials
India
 > AgustaWestland scam > Dec 12

The Central Bureau of Investigation (CBI) is likely to interrogate some of the officials of the Prime Minister's Office, who worked during the tenure of Manmohan Singh. The development comes after former chief of air staff SP Tyagi claimed that officials of the PMO under Manmohan Singh were involved in changing the altitude criteria for the VVIP choppers, which were to be procured from AgustaWestland.

Source: http://testfunda.com/T/104369

Government to launch helpline number 14444 for digital payments support
India 
> Digital payments support > Dec 11

After a TV channel and a website to promote digital payments, a nationwide toll-free helpline number '14444' will be launched soon to educate people and provide support related to cashless mode of transactions. The service is expected to be operational within a week.

Source: http://testfunda.com/T/104370

Claims worth Rs 4,416 crore settled under PM Crop scheme 
India
 > PM Crop scheme > Dec 10

Madhya Pradesh has settled and disbursed claims worth Rs 4,416 crore under the Prime Minister's Crop Insurance Scheme in the state. Prime Minister Narendra Modi had launched the scheme at Sherpur in Sehore district of Madhya Pradesh during the Farmers' Convention held on February 18, 2016. 

Source: http://testfunda.com/T/104364

Digital payments soar by up to 300 per cent after demonetisation 
Finance
 > Digital payments > Dec 10

The government's demonetisation move, and the subsequent cash crunch, has led to a surge in digital payments. According to the government data, the number of daily transactions through e-wallet services such as Oxigen, Paytm and MobiKwik has shot up from 17 lakh — recorded on November 8 when demonetisation was announced — to 63 lakh as on December 7 (a growth of 271%). In terms of value, the surge has been 267%, from Rs 52 crore daily to Rs 191 crore now. 

Source:
 http://testfunda.com/T/104359

SC clarifies national anthem mandate, gives relief to disabled people
India
 > National anthem > Dec 09

The Supreme Court on Friday refused to provide any interim relief or relax its order mandating singing of national anthem+ before screening of films. However, the top court clarified+ that the disabled need not stand up for the anthem.

Source: http://testfunda.com/T/104365

Aadhaar-based rail reservations for senior citizens mandatory from April 2017
India
 > Railways > Dec 09

From January 1 to March 31, 2017, requirement of Aadhaar verification for getting concessional tickets for senior citizens will be on a voluntary basis. From April 1, 2017, such a requirement would become mandatory.

Source: http://testfunda.com/T/104366
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