Current Affairs, News & Facts of 20 Jun 2015

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  • ISRO will provide navigational support to the country's Railways through 'GAGAN' (GPS-aided geo-augmented navigation) system.
    • ISRO will provide satellite-generated information to the railways through space technology-based tools that will provide safety at unmanned level crossings
    • GAGAN is an indigenous navigational guide system developed by ISRO on the lines of GPS system of the US.
    • GAGAN was jointly developed by the ISRO and Airports Authority of India (AAI) with a view to assist aircraft in accurate landing
    • The GAGAN signal is being broadcast through two Geostationary Earth Orbit (GEO) satellites - GSAT8 and GSAT10
    • With the use of GAGAN software system, a tr ain would know the location of any unmanned level crossing and soon a a warning signal can be given
    • As soon as the warning signal will be given, the train's hooter will automatically start when it comes near an unmanned crossing.

    About 'GAGAN' :-

    • The GPS aided geo augmented navigation or GPS and geo-augmented navigation system (GAGAN) is an implementation of a regional satellite-based augmentation system (SBAS)by the Indian government. It is a system to improve the accuracy of a GNSS receiver by providing reference signals.
    • The Airport Authority Of India’s efforts towards implementation of operational SBAS can be viewed as the first step towards introduction of modern communication, navigation, surveillance/Air Traffic Management system over Indian airspace.
    • The project has established 15 Indian Reference Stations, 3 Indian Navigation Land Uplink Stations, 3 Indian Mission Control Centers, and installation of all associated software and communication links
    • It will be able to help pilots to navigate in the Indian airspace by an accuracy of 3 m. This will be helpful for landing aircraft in tough weather and terrain like Mangalore and Leh airports
  • Dhoni, Mustafizur fined for breaching ICC Code of Conduct
    • India captain Mahendra Singh Dhoni and Bangladesh fast bowler Mustafizur Rahman were today fined 75 and 50 per cent of their match fees respectively after being found guilty of breaching the ICC Code of Conduct during the first One-Day International 
    • The incident happened in the 25th over when the India captain made a physical contact with the debutant while running a single. Following the contact, the left-arm fast bowler left the field and Nasir Hossain bowled the remaining four deliveries to complete the over
    • The two players were found to have breached Article 2.2.4 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to “Inappropriate and deliberate physical contact between Players in the course of play during an International Match”
    • In the hearing, Dhoni defended the charge on the basis that the bowler was on the wrong line and realising that he couldn’t avoid the collision, he used his hand and arm to push him away as he went through to ‘minimise the impact’. 
    • Both the players pleaded not guilty to the charge and as such, a hearing was held on Friday morning by Andy Pycroft of the Emirates Elite Panel of ICC Match Referees in which television footage was used both the players and their managers attended the hearing. 
  • China Makes World's First Electric Passenger Plane
    • China has made World's First Electric Passenger Plane. It has been named BX1E.
    • The BX1E has a 14.5-meter wingspan and a maximum payload of 230 kgs. It can fly at an altitude of 3,000 meters.
    • The charging is completed within two hours, allowing a flight time of 45 minutes to one hour, at a maximum speed of 160 km per hour, 
    • The plane was designed by Shenyang Aerospace University and Liaoning general aviation academy in the northeastern Liaoning Province.
    • The first two aircrafts were delivered to Liaoning Ruixiang General Aviation Co., Ltd yesterday.
    • The aircraft can be used in pilot training, tourism, meteorology and rescue operations.
    • Each sells for about one million yuan (USD 163,000). The number of orders has reached 28
  • HDFC Bank launches 10-second paperless instant loan plan
    • Country's second-largest private sector lender, HDFC Bank has launched a 10-second paperless instant loan plan  under which the bank will disburse personal loans in just 10 seconds 
    • The quick disbursal of funds will help customers, particularly in medical or other types of emergencies
    • HDFC Bank will now disburse personal loans to its customers in just 10 seconds. With this product, existing customers will have a pre-approved loan amount available to them 24x7,
    • The entire process of availing the loan is completely paperless, and users can simply log into their bank account via net-banking or mobile banking and avail of this loan at a click
    • The 10-second loan scheme is another offering under HDFC Bank's digital banking platform GoDigital. Under the platform, the bank had launched PayZapp application to cater to e-commerce space

    About HDFC :-

    • HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. Incorporated in 1994, it is the fifth largest bank in India as measured by assets
    • It is the largest private sector India by market capitalization as of February 2014. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India
    • Aditya Puri is the Managing Director of HDFC Bank, India's largest private sector bank.He assumed this position in September 1994, making him the longest-serving head of any bank in the country
  • Bhagavad Gita makes debut in China
    • Bhagavad Gita the sacred ancient Indian scripture, has made its debut in China after its Chinese version was released during an international Yoga conference being held in China
    • Bhagavad Gita has been translated by Prof Wang Zhu Cheng and Ling Hai of Zhejiang University in Shanghai and published by Sichuan People's Publications.
    • The book was launched at a function attended by eminent Yoga teachers from India who had converged at Dujiangyan in southwestern Sichuan province to attend Yoga Festival.
    • The foreword to the book was written by K. Nagaraj Naidu, who was till recently the Consul-General at the Indian Consulate in Guangzhou.
    • About 21 eminent yoga teachers are providing training to about 700 yoga enthusiasts from all over China under the first India-China (Chengdu) International Yoga Festival
    • The five-day Yoga festival will end on June 21, the first U.N. Yoga Day during which a number of events are planned all over China and Hong Kong
  • Indian-origin MP Keith Vaz re-elected as chairman of UK Parliament committee
    • Keith Vaz, Britain's longest-serving Indian-origin MP was today re-elected as chair of Parliament's influential Home Affairs Select Committee, even as a controversy rages over his help to scam-tainted former IPL chairman Lalit Modi in obtaining British travel documents.
    • The Leicester East MP had been challenged to the post by fellow Labour MP Fionna McTaggert but the MPs decided to keep him in the post, by 412 votes to 192. Over the years, the Home Affairs Select Committee has emerged as more powerful than a shadow Cabinet minister or even a junior minister
    • Vaz has been battling controversy in the last few weeks over his alleged role in helping controversial Indian Premier League founder Lalit Modi acquire travel documents through the UK Home Office. However, the parliamentary standards commissioner had decided he had no case to answer and ruled out an investigation

    About Keith Vaz :-

    • Vaz was born in 1956 in Aden, to parents from the Indian state of Goa, which accounts for his Goan-Portuguese surname. Vaz is a distant relative of Saint Joseph Vaz, a 17th-century missionary
    • He moved to England with his family in 1965, settling in Twickenham. His father worked in the airline industry, while his mother held two jobs as a teacher and in Marks & Spencer. Vaz's father committed suicide when his son was 14
    • He is a British Labour Party politician who has been Member of Parliament (MP) for Leicester East since the 1987 election. He has been the longest-serving Asian MP and has been the Chairman of the Home Affairs Selection Committee since July 2007. He was appointed as a member of the Privy Council in June 2006

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