DAILY CURRENT AFFAIRS: 8 MAY 2016
(Daily News India)
1. BANKRUPTCY BILL PASSED IN LOK SABHA
i. The Lok Sabha has passed the Insolvency and Bankruptcy Code Bill 2016.
ii.It will be a “transformational” legislation that will help to improve India’s ranking in the World Bank’s ‘Ease of Doing Business’ index.
iii. It main Objective is to reduce the crisis of the bad loans in the banking sector and also to cover, companies, individuals and partnership firms.
iv. The bill proposes for setting up an Insolvency and Bankruptcy Board and Insolvency and Bankruptcy Fund.
2. SBI LAUNCHES CARD-LESS PAYMENT SOLUTION FOR OFFLINE TRANSACTIONS
i. State Bank of India has launched a mobile payment solution that will enable customers to make digital payments at offline stores.
ii.Th e -paymnents can be made by scanning a quick response code on their smartphones at merchant outlets.
ii.ICICI Bank and Axis Bank have already introduced this service named as mVisa application for their customers.
iii. The service will be available to all SBI debit card, credit card and net banking users.
3. ICICI FIRST INDIAN BANK TO PARTNER WITH NEW DEVELOPMENT BANK
i. ICICI bank has become the first Indian financial institution in the country to tie up with the New Development Bank .
ii. This MoU would help NDB in exploring new bond issuance opportunities in the Indian and international bond markets.
CHAIRMAN OF NEW DEVELOPMENT BANK: MR. K V KAMATH
4. SNAPDEAL ACQUIRES TARGETINGMANTRA
i. E-commerce company Snapdeal has acquired predictive marketing technology startup TargetingMantra.
ii. The startup company is founded by Saurabh Nangia and Rahul Singh in March 2013 .
iii.The company helps in managing customer life cycle through personalization, targeting and big data analytics.
5. GOOGLE INKS IDEA FOR DIRECT CARRIER BILLING
i. Google has entered into a partnership with telecommunications Idea Cellular to offer direct carrier billing in India.
ii. Now Idea users will be able to make purchases on Google Play Store directly through their postpaid and prepaid accounts.
iii. Costs for the same will be charged through monthly bills and phone balance respectively.
6. INDIA FINISH FOURTH IN JUNIOR SHOOTING WORLD CUP
i. The Indian players grabbed fourth place at the International Shooting Sport Federation Junior World Cup.
ii. The Indian juniors had won three gold, four silver and three bronze medals in the competition.
iii. Italy topped the medals tally with seven gold, four silver and one bronze followed up by Russia.
CURRENT AFFAIRS GK QUIZ BASED ON
TODAY’S NEWS
1.WHICH COUNTRY TOPPED IN THE JUNIOR SHOOTING WORLD CUP?
a.India
b.Italy
c. Germany
d. Russia
2. GOOGLE HAS ENTERED INTO A PARTNERSHIP WITH WHICH TELECOMMUNICATIONS TO OFFER DIRECT CARRIER BILLING IN INDIA?
a. Reliance
b. Airtel
c. Idea
d. Tata
3. NAME THE PERSONS WHO FOUNDED TARGETINGMANTRA COMPANY?
a.Binny bansal & Sanjay bansal
b. Sunder pichai & Suraj Sharma
c. Ravi Dhiman & Vikash
d. Saurabh Nangia & Rahul Singh
4. WHERE IS THE HEADQUARTERS OF NEW DEVELOPMENT BANK ?
a. Beijing
b. shanghai
c. Brunie
d. Kathmandu
5. WHO IS THE PRESENT SPEAKER OF LOK SABHA?
a. Sumitra mahajan
b. Hamid ansari
c. Meira Kumar
d. Neha sharma
ANSWERS:
1.B 2.C 3.D 4.B 5.A
