Dear Friends,
Welcome to the Quick Gyan (QG) Section of D2G. QG is just a glimpse of what happened today all over the world.
Only For Serious Candidates : We strongly recommend you to read the Current Affairs in detail. For your convenience, we have provided quick links under the updates. Make use of it.
Always Keep Yourself Updated!!!
BANKING & FINANCE
RBI Deputy Governor Urjit Patel gets second term
Reserve Bank of India Deputy Governor Urjit Patel, who drafted historic changes to monetary policy in the country, is likely to get re-appointed after his three-year term ends next month. The government will send Patel’s name to the appointments committee of the cabinet for final approval. Patel, who joined the RBI in January 2013, heads its monetary policy department and is widely considered to be a trusted lieutenant to Governor Raghuram Rajan.
Formerly at the International Monetary Fund and president of Reliance Industries Ltd, Patel headed the committee that drafted the landmark shift in India’s monetary policy, putting the focus on consumer inflation and introducing inflation targeting.
Quick Link – Urjit Patel
ICICI Bank partners with FINO PayTech for payments bank space
ICICI Bank will partner FINO PayTech to foray into the payments bank space. ICICI Bank joins some of the leading lenders of the country which have partnered with payments banks that have received licence from the banking regulator. For example, State Bank of India and Kotak Mahindra Bank have picked up stake in the payments banks that will be floated by Reliance Industries and the Bharti Group, respectively.
The ICICI Group, with about 16 per cent stake in FINO Paytech, a business correspondent, is the largest domestic shareholder. FINO Paytech has received ‘in principle’ licence from the Reserve Bank of India (RBI) to start a payment bank. RBI regulations allow universal banks to invest up 30 per cent in payments bank.
Quick Link – FINO PayTech
INDIAN AFFAIRS
Petroleum and Natural Gas Ministry launches an online initiative to engage LPG consumers and citizens
The Ministry of Petroleum & Natural Gas (MoPNG) has launched an Online Initiative to engage the LPG Consumers and Citizens of India in providing efficient and citizen friendly services in LPG distribution. Following two online discussion forums have been launched and are available on myGov.in and mylpg.in for Citizen-Friendly Services and Increasing LPG Coverage in the Country
LPG Consumers/ Citizens are requested to participate and share their thoughts on the respective forums online. Valuable suggestions/ comments are welcome and will be considered for improving the customer oriented services related to LPG Coverage & Delivery.
Quick Link – Online Initiative
International kite festival begins in Vadodara
The International Kite Festival has began at Surat and Rajkot in Gujarat with kite-flyers from 31 countries set to participate in the week-long event. The festival also known as Uttarayana will be held in Vadodara, Bhavnagar, Ahmedabad city, Bhuj, Porbandar, Modhera and Khambhat cities. As many as 98 kiting experts from 31 countries will display their skills in these cities and towns during the festival. The event is open for the general public. According to the Indian calendar, the festival of Uttarayana marks the advent of summer.
Quick Link – Kite Festival
GOI decides to merge Ministry of Overseas Indian Affairs with MEA
The government of India has decided to merge the Ministry of Overseas Indian Affairs (MOIA) with the External Affairs Ministry in sync with its broad principle of minimum government, maximum governance. The proposal for merger was cleared by Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj. The decision has been taken to avoid duplicity in work of the two ministries and for better coordination between them.
Quick Link – MEA & MOIA
NPCI, CSE eGov launch Aadhaar enabled payment system
India’s retail payment platform NPCI and CSC eGov have jointly launched Aadhaar enabled payment system that will facilitate government entitlements such as NREGA as well as old age pension. The National Payments Corporation of India (NPCI) has collaborated with CSC e-Governance Services India to launch Aadhaar Enabled Payment System (AePS) at locations where CSC eGov has been acting as Business Correspondent of banks.
Quick Link – Aadhaar Enabled Payment System
INTERNATIONAL AFFAIRS
China’s domain “.cn” becomes world’s largest
China’s country code domain ‘.cn’ has become the world’s most commonly used in the internet with 16.36 million users, surpassing Germany’s ‘.de’ domain. According to the data released by the China Internet Network Information Centre (CNNIC), which manages the domain, ‘.cn’ had 16.36 million users by the end of 2015.
The ‘.cn’ domain is also world leading in domain resolution service, security and the ratio of benign uses, said CNNIC head Li Xiaodong. As China began to require real—name registration in 2009, the ‘.cn’ domain is able to protect users’ interests and reduce online theft, phishing and fraud, Mr. Li said. In the past, Germany’s ‘.de’ domain had the largest number of registered websites.
Quick Link – China’s .cn Domain
Saudi Arabia is Third Happiest Country
According to the poll carried out by WIN/Gallup International, Saudi Arabia is the third happiest country in the World. What’s shocking is the list which features almost no European Country. Despite condemnation from human rights groups, and being in a region torn apart by religious and regional strife, the Saudi Kingdom has only been pipped to top position by Fiji and Colombia. At an average temperature of about 26C in January, the beautiful Fiji islands have an evident advantage – but Colombia, which suffers from drug-related gang wars and rife government corruption, was the country which came in first out of all 68 surveyed.
Quick Link – Happiest Country
World’s most wanted drug lord ‘El Chapo’ captured in Mexico
Mexico recaptured the world’s top drug lord Joaquin “El Chapo” Guzman in a pre-dawn shootout and chase through drains, returning him to the same prison he escaped from six months ago, in a boost for the beleaguered government. The head of the powerful Sinaloa Cartel was captured in a car wearing a filthy vest after fleeing through tunnels and drains from a raid on a safe house in the city of Los Mochis, in his native northwestern state of Sinaloa.
Quick Link – El Chapo
SPORTS
Victoria Azarenka wins Brisbane International
Former world number one Victoria Azarenka won her first title since 2013 by beating Angelique Kerber in the Brisbane International final. The unseeded Belarusian, who has been plagued by injuries in recent years, beat the fourth-seeded German 6-3 6-1. World number 22 Azarenka, 26, is preparing for the Australian Open, which starts on 18 January. She won in Melbourne in both 2012 and 2013.
Quick Link – Victoria Azarenka
Sania, Martina start off 2016 with Brisbane title
Sania Mirza and Martina Hingis carried the dominance of 2015 into the new season, winning their sixth consecutive title by lifting the WTA Brisbane trophy. The top seeded pair defeated the German wildcards Angelique Kerber and Andrea Petkovic 7-5 6-1 in mere 69 minutes. Sania and Martina, the world number one team, have now stitched a 26-match winning streak together, which has brought them six titles in a row at the US Open, Guangzhou, Wuhan, Beijing, WTA Finals and now the Brisbane Title.
Quick Link – Sania & Martina
Kyrgios leads Australia to Hopman title
Australians Nick Kyrgios and Daria Gavrilova beat Ukraine’s Elina Svitolina and Alexandr Dolgopolov to win the mixed teams Hopman Cup in Perth. For the first time, the host nation fielded two teams in the tournament, and Kyrgios and Gavrilova went through the week unbeaten as Australia Green, culminating in their 2-0 win over Ukraine to give Australia their second Hopman Cup title. Both players won their singles matches in the final in straight sets, with the mixed doubles not being played.
Quick Link – Hopman Title
Novak Djokovic beats Rafael Nadal to win Qatar Open title
World number one Novak Djokovic claimed his first title of the year with an impressive 6-1 6-2 win over Rafael Nadal in the Qatar Open. The Serb continued his recent dominance of the 14-time Grand Slam title winner with a ninth victory in 10 meetings – the last five in straight sets. The 28-year-old broke twice in both sets as Nadal, 29, had no answer to the pace and power of his groundstrokes. Djokovic is preparing to defend his Australian Open title from 18 January.
Quick Link – Novak beats Rafael
Thank You 🙂 🙂 🙂
