Current Affairs, News & Facts of 24 Jun 2016

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  • Boxers Vikas Krishan and Manoj Kumar qualify for 2016 Rio Olympics

    Boxers Vikas Krishan and Manoj Kumar qualify for 2016 Rio OlympicsIndian boxers Manoj Kumar and Vikas Krishan have qualified for the Rio Olympics 2015 which is scheduled to be held in August 2016 in Rio de Janerio, Brazil.

    Manoj won quarterfinal bout against Tajikistan’s Rakhimov Shakvakatdzhon to win 3-0 in the AIBA World Olympic qualification event in Baku, Azerbaijan.

    Krishan qualified for the Olympics after defeating South Korea’s Lee Dongyun 3-0 in the 75kg category in the quarter finals.

    With this total three Indian boxers have assured of Olympic berths. Shiva Thapa had been the first boxer to qualify for Rio Olympics.

  • 23rd June: United Nations Public Service Day

    23rd June: United Nations Public Service DayThe United Nations Public Service Day is celebrated on June 23 of every year to celebrate the value and virtue of public servants and administrators in building a better world for all.

    United Nations Public Service Awards will be bestowed on Public Service Day for contributions made to the cause of enhancing the role, prestige, and visibility of public service.

    Background :

    The United Nations Public Service Day was instituted by the United Nations General Assembly (UNGA) by passing resolution 57/277 on December 20, 2002.

    Since then it is observed to encourage member states to organize special events on that day to highlight the contribution of public service in the development process.

  • David Cameron to quit after UK votes to leave EU

    David Cameron to quit after UK votes to leave EUBritish Prime Minister David Cameron has announced that he will step down by October after the UK voted to leave the European Union in the referendum conducted recently. He would remain in charge until a new leader is appointed in early October.

    The voters of UK have voted to leave the European Union, with the "Leave" side securing around 52 per cent of the vote while "Remain" side has secured 48 per cent.

    Cameron campaigned for UK to remain with European Union as according to him Britain was stronger, safer and better off inside the European Union.

  • China opposes India's NSG bid, says signing NPT a must

    China opposes India's NSG bid, says signing NPT a mustThe plenary meeting of the 48-member Nuclear Suppliers Group (NSG) headed towards a conclusion with no decision on India's membership bid as leading the opposition to India's NSG membership bid says that India's membership application cannot be considered because it has not signed the Nuclear Non- Proliferation Treaty (NPT).

    China was backed by nearly 10 other countries Brazil,Turkey, Austria, Ireland and New Zealand.  Atleast 32 countries including USA and Japan had made positive interventions on India’s behalf, but the NSG’s actions are governed by consensus and not by majority.

    The anti-India stand taken by China shows that Chinese President Xi Jinping has not responded to Prime Minister Narendra Modi's urgings in Tashkent yesterday that Beijing should support India's case.

  • Cabinet approves amendment to India-Belgium DTAA

    Cabinet approves amendment to India-Belgium DTAAThe Union Cabinet has given  its nod for signing of a protocol amending the existing double taxation avoidance (DTAA) pact with Belgium.

    The amendment will broaden the scope of existing framework of exchange of tax related information between two countries, which will help curb tax evasion and tax avoidance.

    The Protocol will also revise the existing treaty provisions on mutual assistance in collection of taxes.

  • Union Cabinet approves MoU between India and Germany

    The union cabinet has given it's approval to a Memorandum of Understanding with Steinbeis GmbH, Germany,  for technology transfer and resourcing in manufacturing, including sub-sectors of Capital Goods. 

    Steinbeis GmbH is leading organization for applied industrial research in Europe. It will act as a Technology Resource Partner for implementing identified projects in manufacturing. The MoU envisages following field of cooperation :

    • Technology road mapping for specified Capital Goods sub-sectors.
    • Profiling of specific technologies. 
    • Upgrading existing technology institutes and setting up Greenfield institutes in India. 
    • Assessment of technology status of Capital Goods Cluster.
    • Cooperation in events on technology and upgrading existing technology institutes.

    The MoU is a framework instrument to facilitate industrial technology projects by Indian Capital Goods Sector. The MoU will provide a platform to various public sector undertakings and Capital Goods Sector units to have easy access to capabilities and expertise of Steinbeis GmbH for identifying and plugging technology gaps.

  • NASA mission discovers infant exoplanet K2-33b around young star

    NASA mission discovers infant exoplanet K2-33b around young starNASA’s Kepler Space Telescope and its extended K2 mission, astronomers have discovered a newborn fully-formed exoplanet ( planets that orbit stars beyond our Sun). 

    Astronomers have discovered and confirmed roughly 3,000 exoplanets so far. However, nearly all of them are hosted by middle-aged stars, with ages of a billion years or more.

    K2-33b is only five to 10 million years old which makes it one of a very few newborn planets found so far.

    The newfound planet named K2-33b is a bit larger than Neptune and whips tightly around its star every five days.

    The newborn planet K2-33b will help astronomers to better understand how planets form. It will also help in better understanding the processes that led to the formation of Earth.

  • Asian millionaires now the wealthiest in the world

    Asian millionaires now the wealthiest in the worldAccording to a new World Wealth Report from Capgemini, Asian millionaires now control more wealth than their peers in North America, Europe and other regions.

    The millionaires in Asia controlled a combined $ 17.4 trillion in 2015, while millionaires in North America held $16.6 trillion. 

    The United States still  has more millionaires than any other individual country while United Kingdom coming in second. Japan is third on that list and China is sixth.

    The U.S. has 46 percent of the world's millionaires, at 15.7 million millionaires. The U.K. has 2.4 million, Japan has 2.1 million, and China has 1.3 million.

    According to Capgemini, the growth in Asian wealth is driven mainly by financial services, high technology and the health care industry and it's coming more from those owning start-ups than from those running long-standing businesses.

  • G.D. Birla Award for IIT-Kanpur professor

    G.D. Birla Award for IIT-Kanpur professor

    The twenty-fifth G. D. Birla Award for Scientific Research has been awarded to Prof. Sanjay Mittal from the Department of Aerospace Engineering, Indian Institute of Technology, Kanpur.

    Prof. Mittal has made significant contributions  in the area of Bluff Body Flows (flows past blunt bodies associated with large unsteady separation and leading to large fluid forces). 

    He is among a very few people in India who have worked on and used Finite Element Analysis for fluid flows. He was instrumental in establishing the HPC facility, primarily funded by DST, at IIT-Kanpur. 

    G D Birla Award :

    G D Birla Award for Scientific Research, instituted in 1991, seeks to recognise Indian scientists aged below 50 living and working in India for their outstanding contribution to any branch of science and technology. It carries a cash prize of Rs 2.5 lakh. The selection of the award is made by a board comprising eminent scientists.

  • Ken Miyauchi appointed as President and COO of SoftBank Group

    Ken Miyauchi appointed as President and COO of SoftBank GroupJapanese conglomerate SoftBank Group has appointed Ken Miyauchi as the president and chief operating officer (COO) to replace Nilesh Arora who left SoftBank recently.

    Mr. Arora, the former Google executive handpicked by the SoftBank founder Masayoshi Son as his successor, has abruptly quit as president after it became clear that Masayoshi Son wanted to remain at the helm longer than first planned.

    Prior to this appointment, Ken Miyauchi was head of the SoftBank group’s Japanese telecommunications operations. He has been working with the SoftBank Group since October 1984. 

    About SoftBank :

    SoftBank Group Corp is a Japanese multinational telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, technology services, finance, media and marketing, and other businesses. As of 2015, the group is the 62nd largest company in the world based on a composite of sales, assets, profit and market value.


2nd Aug

Exam Date : 02-08-2016

Exam Time : 07:15:00

Ques/Time : 6/5 min


Exam Date : 01-08-2016

Exam Time : 06:00:00

Ques/Time : 8/5 min

Todays test

Exam Date : 22-07-2016

Exam Time : 05:10:00

Ques/Time : 3/5 min