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 each update. Make use of it.
Always Keep Yourself Updated!!!
APPOINTMENTS
Harshavardhan Neotia elected as President of FICCI
Harshavardhan Neotia, Chairman of Ambuja Neotia group, has been elected president of industry body Ficci for 2016. Neotia, a ‘Padma Shri’ awardee, is also a member of the Rajasthan Chief Minister’s Advisory Council and West Bengal Chief Minister’s Core Committee on Industry. Currently, he is the senior VP of the industry body. Neotia will take over from the current Ficci President Jyotsna Suri during the chamber’s AGM next month.
Quick Link – Harshavardhan Neotia
BANKING AND FINANCE
SBI tags Mallya, his 2 firms as wilful defaulters
State Bank of India (SBI) has declared industrialist Vijay Mallya a ‘wilful defaulter’ for defaults on nearly Rs 7,000 crore loans to the long-grounded Kingfisher Airlines. After the Bombay High Court in August this year allowed Mallya to be represented by his legal counsels, SBI moved the Supreme Court challenging the HC order, saying that HC order violated the RBI rules on grievance redressal committee that allow only the borrower to be present his case in person.
The airline, owned by flamboyant liquor baron Mallya, had taken Rs 6,900 crore from a consortium of 17-lenders led by State Bank of India in early 2010 after a second debt restructuring for the airline. SBI has an exposure of Rs 1,600 crore to the airline. Other banks that have exposure to the airline include Punjab National Bank and IDBI Bank (Rs 800 crore each), Bank of India (Rs 650 crore), Bank of Baroda (Rs 550 crore), Central Bank of India (Rs 410 crore).
Quick Link – Vijay Mallya
Axis Bank enters B’desh, opens rep office in Dhaka
Extending its overseas footprint, Axis Bank has opened a representative office in Dhaka, capital city of Bangladesh. The bank aims to leverage the growing economic integration between the two countries by actively facilitating trade transactions, both inbound as well as out-bound. The bank will also contribute towards employment generation, both directly and indirectly in the country. Dhaka operations, primarily focused to promote the trade finance business, will further strengthen the bank’s presence in Asia.
Quick Link – Axis Bank in Bangladesh
INDIAN AFFAIRS
First Meeting of the Indo-European Water Forum to be held in Delhi
The first meeting of the Indo-European Water Forum is being co-organized by National Water Mission, Ministry of Water Resources, River Development and Ganga Rejuvenation and the Environment Directorate-General of the European Commission on November 23-24, 2015 at New Delhi to discuss key issues in water resources management in India as well as the experiences of implementation of European Water Policy. The forum will be attended by Director General of Environment Directorate-General of the European Commission Mr Daniel Calleja Crespo.
Quick Link – Indo-European Water Forum
India to host the First South Asian Annual Disaster Management Exercise
The Government of India is all set to organize the first “South Asian Annual Disaster Management Exercise” (SAADMEx-2015). The objective is to provide a platform for strengthening Regional Disaster Response Mechanism amongst the SAARC countries. The main focus of SAADMEx-2015 is to test coordination efforts, create synergy and synchronize efforts to institutionalize Regional Cooperation on Disaster Response among the member countries. The Advance Coordination Conference (ACC) for this Exercise was successfully conducted with the participation of representatives from SAARC member countries on September 3-4, 2015 where the modalities and requirements of the common exercise were discussed.
Quick Link – SAADMEx 2015
Railway Ministry inaugurates landmark Silchar-Lumding broad gauge rail line in Assam
Union Railways Minister Suresh Prabhu inaugurated the landmark Silchar-Lumding broad gauge rail line in Assam. Prabhu flagged off a passenger train from New Delhi via video-conference. The rail line brings Assam’s underdeveloped but strategically important Barak Valley on the broad gauge map. The rail line would accelerate development, as it is the lifeline of Barak Valley and Tripura, Manipur and Mizoram.
Quick Link – Silchar-Lumding Broad gauge Rail Line
India ranks 4th among world’s most vacation-deprived nations
India is the fourth most vacation-deprived nation globally, with 65 per cent saying they feel very or somewhat vacation-deprived nations, according to a survey. About 65 per cent of Indians feel they feel very or somewhat vacation-deprived, and 20 per cent said they are very vacation-deprived, full service online travel site Expedia’s ‘2015 Vacation Deprivation’ survey has revealed.
UAE topped the list of most vacation-deprived countries in 2015 (76 per cent), followed by Malaysia (73 per cent) and Singapore (71 per cent). If they had more vacation days, most Indians (67 per cent) would travel to new places (rather than favourite or usual ones), it revealed.
Quick Link – Vacation Deprived Nations
Tripura to supply power to Bangladesh from Bijoy Dibosh
Tripura will start supplying power to Bangladesh from December 16, the day when that country observes Bijoy Dibosh or Victory Day when Bangladesh was created out of East Pakistan after the end of the India-Pakistan War of 1971. Tripura had promised to export 100 MW power to Bangladesh from its share of 196 MW power from the Palatana power plant in reciprocation of Bangladesh allowing Tripura to use its ports to transport the heavy equipment for the 726MW Palatana project.
Quick Link – Power to Bangladesh
INTERNATIONAL AFFAIRS
ASEAN leaders agree to AEC
In a historic development, ASEAN leaders have declared the establishment of an European Union style regional economic bloc, the ASEAN Economic Community (AEC). The declaration, signed by all ten members during the ongoing ASEAN summit in Kuala Lumpur will create a community of a single market with a free flow of goods, capital and skilled labour in the ASEAN region. It will integrate Southeast Asia’s diverse economies, a region with 620 million people and a combined gross domestic product of USD 2.4 trillion. Prime Minister Narendra Modi was one among the East Asia Summit leaders who witnessed the historic moment.
Quick Link – ASEAN
SPORTS
Pankaj Advani the Unstoppable – Fifteen world titles and counting
India’s most successful cueist Pankaj Advani added another feather in his cap by winning the IBSF World Snooker Championship after battling past his Chinese opponent Zhua Xintong in the final to take his world title count to 15. Advani, 30, once again mesmerised the green baize to prevail over the teenage sensation 8-6 in the best-of-15 final at Sunrise Crystal Bay resort.
The victory for Bengaluru’s ‘Golden Boy’ comes just after he clinched the IBSF Billiards crown in September. He is also the first person in history to take the short (6-Red) and the long snooker format in the same calendar year.
Quick Link – Pankaj Advani
World Tour Championship: Rory McIlroy wins to wrap up Race to Dubai
Rory McIlroy won the World Tour Championship in Dubai to finish the season as Europe’s number one golfer. The Northern Irish former world number one shot a six-under-par final round of 66 to finish on 21 under, one clear of England’s Andy Sullivan. The 26-year-old McIlroy retains his Race to Dubai title, the third time he has won it in four years. England’s Danny Willet finished tied for fourth in Dubai, and second to McIlroy in the season-long standings.
Quick Link – Rory McIlroy
India thrash Pakistan 6-2 to win Junior Men’s Asia Cup hockey
India’s junior men’s hockey team beat arch-rivals Pakistan in the Asia Cup Hockey 2015 final to lift its 8th edition. The team was in supreme touch in the tournament and sustained their run in the final where they outplayed the neighbours 6-2. Harmanpreet Singh was the top scorer with four goals, Armaan Qureshi and Manpreet chipped in with a goal each. For Pakistan, there were only two goals – either side of the half – from Muhammad Yaqoob and Muhammad Dilber respectively.
Quick Link – India Thrash Pakistan
Don’t Miss to Check Out Nov 22 Current Affairs Quiz
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