DAILY CURRENT
AFFAIRS: 20 MAY 2016
(Daily News India)
1. MOODY
FORECASTED INDIA'S GROWTH RATE AT 7.5% IN 2016 & 2017
i. International rating agency Moody's
has forecasteda growth rate of about 7.5 percent for the Indian economy in 2016
and 2017.
ii. Moody stated that India's GDP
growth is strong, private investment remains weak. Capital utilization rates
also remain low.
2. BONDED
LABOUR REHAB TO BE MADE CENTRAL SECTOR SCHEME
i. Labour Minister Bandaru Dattatreya stated that the Centre is
revising the rehabilitation of bonded labour scheme bringing it into the
Central sector.
ii. The government is planning to
provide financial assistance from rs. 20,000 to rs. 1 lakh.
iii. The scheme proposes to increase
the Budget provision from rs. 5 crore to about rs. 47 crore per annum.
3. NEPAL
SBI BANK LAUNCHES PAYMENT GATEWAY
i. Nepal SBI Bank has launched payment
gateway to provide online trade and non-trade transactions between the
Himalayan nation 'Nepal' and India.
ii. The Payment Gateway was inaugurated
by SBI Managing Director B Sriram.
iii. It will provide the customer of
Nepal SBI Bank can utilize various features of mobile banking and other value
added services along with the platform of the payment gateway.
4. PNB
TOPS LIST OF WORST LOSSES IN INDIAN BANKING HISTORY
i. Punjab National Bank has reported the
largest net loss of rs. 5,367.14 crore for 4th quarter ended 31st of March in bad loans.
ii. This is the biggest quarterly loss
in Indian bank history.
iii. Indian banks have seen a increase
in bad loans after a clean up ordered of their books under an asset quality
review by the Reserve Bank of India.
5. APPLE
ANNOUNCES OPENING OF ITS MAP DEVELOPMENT CENTRE IN HYDERABAD
i. Apple CEO Tim Cook has announced the
opening of its Hyderabad technology centre.
ii. The centre will focus on the development of maps for its
mobile products like iPhones, Macs,
iPads and Apple Watches.
iii. The centre has drawn in estimated
investment of $25 million will employ up to 4,000 people according to the
company.
6. UN
SECRETARY-GENERAL APPOINTS PATRICIA ESPINOSA CANTELLANO EXECUTIVE SECRETARY OF
UNFCCC
i. United Nations Secretary General Ban
Ki-moon has appointed Patricia Espinosa Cantellano of Mexico as Executive
Secretary of the United Nations Framework Convention on Climate Change
ii. She will replace Christiana
Figueres of Costa Rica.
7. INDIAN
AMERICAN RUPA IYER AWARDED FOR TEACHING IN US
i. Rupa Iyer an Indian-American
bio-technologist has received the University of Houston's highest teaching
award .
ii. The award is given for her
sustained and significant contributions to education in the US.
iii. It is the highest award given in
teaching by the varsity to the persson who has ten or more years of teaching
experience and has made sustained and significant contributions to education.
CURRENT
AFFAIRS GK QUIZ BASED ON TODAY’S NEWS
1. WHAT IS THE “INDIA’S GROWTH RATE 2016-2017”
IS ESTIMATED BY “MOODY”?
A. 7.5%
B. 7.4%
C. 7.3%
D. 7.6%
2. WHO IS
THE PRESENT UNION LABOUR MINISTER OF INDIA?
a. Sushant Singh
b. Bandaru Dattatreya
c. Ashok Kumar
d. None of these
3.
NEPAL’S SBI BANK PAYMENT GATEWAY HAS BEEN INAUGURATED BY________________?
a. B. SriRam
b. Arundhat Bhattacharya
c. UK Singh
d. Raghu Ram Rajan
4. THE
HEADQUATER OF ‘PUNJAB NATIONAL BANK’ IS SITUATED AT_________________?
a. Mumbai
b. Jaipur
c. New Delhi
d. Allahabad
5. WHO IS
THE CEO OF “APPLE” ORGANIZATION?
a. Tim George
b. Tim Jhonshon
c. Tim Kartan
d. Tim Cook
6. APPLE
ANNOUNCES TO OPEN ___________________ AT HYDERABAD, INDIA.
a. its map development centre
b. its IOS development centre
c. its SEO development centre
d. None of these
7.
RECENTLY WHO IS APPOINTED AS EXECUTIVE SECRETARY OF UNFCC?
a. Ban-ki-Moon
b. Patricia Espinosa Cantellano
c. Thomas Willson
d. None of these
ANSWERS:
1. A 2. B 3. A 4. C 5. D 6.
A 7. B
