important current affairs round up- 1st to 15th october 2015-www.ibpsguide.com
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Important Current Affairs Round Up- 1
st
to 15
th
October 2015
CONTENTS
Sno Topics Page No
1. Important Banking Current Affairs 02
2. Important Business & Economy NEWS 03
3. Important Appointments 04
4. Important Awards and Honors 05
5. Important Sports NEWS 05
6. Important Defence NEWS 06
7. Important Obituaries 07
8. Science and Technology NEWS 08
9. Important Days 08
Dear Readers, Here we have provided the important Current Affairs Updates of the
month October 2015 (Dates from 1stto 15th), specially for IBPS PO V Mains
Examination.
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Important Banking Current Affairs
ICICI launched card-less m-Visa
ICICI bank became the 1stbank in the world to launch m-Visa, a card-less and device-less solution
to make payments. It has been incorporated in its Pockets app, which allows payments to be made by
scanning a static QR code and entering the amount
ADB to finance the electricity link between India and Bangladesh
Asian Development Bank (ADB) to provide a loan of 120 million dollars to Bangladesh to increased
transmission capacity of a cross-border electricity link between India and Bangladesh which will allow
Bangladesh to better meet sharply rising power demand and support increased power exchanges
across South Asia
RBI relaxed norms of FPI investments
RBI relaxed the norms of Foreign Portfolio Investors (FPIs) of government debt and also announced
higher investment limits in rupee terms in government securities to bring in an additional Rs. 1.2 lakh
crore by March 2018. It raised the limits in phases to reach 5% of the outstanding stock by March 2018
RBI formed FIF with Rs. 2000 crore corpus
The Reserve Bank of India established the Financial Inclusion Fund (FIF) with Rs. 2000 crore
corpus to develop and promote activities covered under the financial inclusion initiatives. FIF has been
formed as a single entity by merging the existing FIF and Financial Inclusion Technology Fund (FITF)
RBI approved Yes Bank to set up AMC
RBI has approved Yes Bank to set up a mutual fund, Asset Management Company (AMC) and a
trustee company. AMC and trustee companies will be wholly owned subsidiaries of YES Bank. AMC
will channelize savings of retail and institutional investors in equity and debt capital markets.
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Important Business Economy NEWS
APSEZ signed a MoU with L T
Adani Ports and Special Economic Zone (APSEZ) signed a MoU with Larsen & Tourbo (L&T) to
oversee the operations of the Kattupalli Port in Tamil Nadu. L&T Shipbuilding will manage and operate
the port and APSEZ will be responsible for EBIDTA gains and losses arising from the port operation
India ranks 55
th
on 2015 Global Competitiveness Index
India is placed at 55th position on the 2015 Global Competitiveness Index of the worlds most
competitive economies published in Global Competitiveness Report of World Economic Forum (WEF)
which has assessed 140 countries. Switzerland has retained its 1stposition for the 7thyear in a row
Vodafone won the transfer pricing tax dispute case
The Income Tax authorities had imposed Rs. 3700 crore transfer pricing tax on Vodafone India over
the capital gains made by the company after selling its call centre business to its Mauritius subsidiary in
2008. Vodafone had argued that there is no case as the transaction was between it and its subsidiary.
Vodafone won this transfer pricing dispute case against Indian Income Tax authorities after it had
challenged the order of the Income Tax Appellate Tribunal (ITAT). The Bombay High Court had ruled in
its favour.
Dell Inc. acquired EMC Corporation for 67 billion dollars
Dell Inc and EMC Corporation signed a definitive agreement under which Dell and its owners will
acquire EMC Corporation while maintaining VMware as a publicly-traded company. VMware Inc is a US
company that provides cloud and virtualization software and services. It is a subsidiary of EMC
Corporation. This is the biggest tech deal in history with 67 billion US dollars worth acquisition.
Google officially converted as Alphabet Inc.
The Internet Search Engine giant Google has officially been converted into new parent company
Alphabet Inc. without any changes in their day to day operations after the US markets were closed on
2nd October 2015. Googles YouTube Android will be wholly owned subsidiary of Alphabet and Nest
and Google X will set up their own companies under Alphabet Inc.
MoU between TECC and ITA approved by Union Government
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The Union Cabinet chaired by Prime Minister Narendra Modi approved the MoU between Taipei
Economic and Cultural Center (TECC) in India and India-Taipei Association (ITA) in Taipei to promote
the cooperation between the Micro, Small & Medium Enterprises (MSME) between the 2 countries
Australian Government approved Carmichael coal mine project of Adani Group
The Australian Government approved the Adani Groups Carmichael coal mine and rail project
subject to 36 of the strictest conditions in Australian history in accordance with the environmental laws
of the country. Earlier, the Australian court had temporarily blocked the project stating environmental
concerns
IMF released WEO October 2015 Update
On 6 October 2015, International Monetary Fund (IMF) released the World Economic Outlook
(WEO) October 2015 Update named Adjusting to Lower Commodity Prices which projects the global
growth for 2015 at 3.1%, which is 0.3% lower than in 2014. It is 0.2% point below the forecasts in the
July 2015 World Economic Outlook (WEO) Update. Indias growth is expected to increase from 7.3%
2015 and last year to 7.5% in 2016.
Tata Housing tied up with Facebook to sell online
Tata Housing launched the new campaign titled Social sell on Facebook to sell its affordable homes
online. Through this new campaign the company plans to sell around 250 units of its new 5-acre
residential project in Goa called Goa Paradise.
Important Appointments
National Appointments in October 2015 (1
st
to 15
th
)
1. New Chief Financial Officer (CFO) of Infosys Ranganath D Mavinakere
2. New Chairman of Atomic Energy Commission Shekhar Basu
3. New and Permanent Chief Executive Officer (CEO) of TwitterJack Dorsey
4. 17thGovernor of Manipur V Shanmuganathan
International Appointments in October 2015 (1
st
to 15
th
)
1.
New Assistant Director of United Nations Food and Agriculture
Organization (FAO) and Regional Representative for Asia and
Pacific
Kundhavi Kadiresanwas
2. New Prime Minister of NepalKhadga Prasad Sharma Oli
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3. Cultural Ambassador for SeychellesA R Rahman
4.New Chairman of Inter-Governmental Panel for Climate
Change (IPCC)Hoesung Lee
Important Awards and Honors
Important Awards and Honors in October 2015 (1
st
to 15
th
)
1. Winner of 2015 Harvard Humanitarian of the Year Award Kailash Satyarthi
2. Winner of 2015 Man Booker PrizeMarlon James (Jamaican
Author)
3. Winner of 2015 Right Livelihood Award Sheila Watt-Cloutier (Canada)
4. Honored with 2015 MacArthur FellowshipKartik Chandran (Indian
American Associate Professor)
List of 2015 Nobel Prize Winner
5. The Nobel Peace Prize 2015National Dialogue Quartet
6. The Nobel Prize in Physics 2015Takaaki Kajita and Arthur B.
McDonald
7. The Nobel Prize in Chemistry 2015Tomas Lindahl, Paul Modrich
and Aziz Sancar
8. The Nobel Prize in Physiology or Medicine 2015
William C. Campbell and
Satoshi Omura
9. The Nobel Prize in Literature 2015Svetlana Alexievich
10.The Sveriges Riksbank Prize in Economic Science in Memory
of Alfred Nobel 2015Angus Deaton
Important Sports NEWS
Important Sports NEWS in October 2015 (1
st
of 15
th
)
1. Famous Indian Cricketer Zaheer Khanhas announced his retirement from International Cricket as
immediate effect
2.
List of Winners of 2015 China Open Tennis Championship:
Mens Single Title
:Novak Djokovic
(Serbia) has won the 2015 Mens Single Title of China Open
by defeating Rafael Nadal (Spain) in the finals.
Womens Singles Title
:Garbine Muguruza
(Spain) has won the 2015 Womens Singles Title in
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China Open by defeating Timea Bacsinszky (Switzerland)
Mens oubles Title: Vasek Pospisil(Canada) and Jack Sock(US) pair has won the 2015 Mens
Doubles Title in China Open by defeating the Daniel Nestor (Canada) and Edouard Roger-
Vasselin (France) in the finals.
Womens oubles Title
:Sania Mirza
(India) andMartina Hingis
(Switzerland) pair has won the
Womens Doubles Title in China Open by defeating Chinese pair, Hao-Ching and Chan Yung-jan
in the finals.
3.Well Known Indian Shuttler,
Ajay Jayaram
has won the 2015 Dutch Open Grand Prix Badminton
Tournament with prize amount of $50,000, which was held at Almere in Netherlands.
4.
Britains Mercedes Driver Lewis Hamiltonhas won the 2015 Russian Grand Prix titleof Formula
One, were Germanys Ferrari Driver Sebastian Vettel has placed in the 2ndPosition. This was
Lewis Hamiltons ninth victory of the season.
5.
Punjab National Bank
(PNB) Team has won the2015 Beighton Cup Hockey Tournament
which
was held at Kolkata by defeating the four time champion, Indian Oil Corporation Team in the
finals.
6.Sergey Karjakin
(Russia) has won the2015 World Cup Chess Championship
by defeating Peter
Svidler (Russia) in the finals which was held at Baku, Azerbaijan.
7.
Luis Leao Pinto(Portugal) has won the 2015 MTB Himalaya Title, Asias Premier mountain biking
race, under the category of Mens Solo and Catherine Williamson (UK) has won the Open
Womens Solo Category.
8.
Indian Shooter Heena Sidhuhas won Gold Medalin 10 metre air pistol event of Asian Air Gun
Championshipwhich was held at New Delhi. Shweta Singh (India) and Seon A Kim (South Korea)
has won the Silver and Bronze Medals respectively.
Important Defence NEWS
SNo Important Defence News
1.
Indias 1sttotally indigenously designed and built Torpedo launch and Recovery Vessel(TRV),
INS Astradharaniwas commissioned into Indian Navy at Vishakhapatnam, Andhra Pradesh as
an advanced replacement of INS Astravahiniwhich was decommissioned in July, 2015
2.
On 8thOctober 2015, Indian Air Force(IAF) celebrated its 83rdFoundation dayat the Hindon Air
Force Station
in Ghaziabad, Uttar Pradesh to increase the awareness about the importance of
IAF as an important part of the national security. Cricket Legend Sachin Tendulkarwho is the 1st
sportsperson to be designated the post ofHonorary Group Captain
of IAF in 2010 was also
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present at the ceremony
3.
3
rdedition ofIndia-Sri Lanka
Joint Training ExerciseMitra Shakti 2015
concluded on12
th
October2015 at Aundh Military Campin Pune, Maharashtra. This 14 daysof joint training
started on29
th
September
to uphold the values of Peace, Prosperity and Stability in the South
Asia region
4.
On 13thOctober 2015, India, USand Japan navies started the 2015 Malabar Naval Exerciseof
the eastern coast inBay of Bengal
andIndian Ocean
as a part of the annual series of exercises
conducted to advance multi-national maritime relationships and mutual security issues between
the countries
5.
Union Defence Minister Manohar Parrikarrenamed the DRDOs Missile Complexin Hyderabad
as Dr. A. P. J. Abdul Kalam Missile Complexon 15thOctober 2015to mark the 84thbirth
anniversary of the missile man Dr. Kalam
6.
The 5thedition of joint military exercise of India China HAND-IN-HAND 2015started on 12th
October 2015
atKunming Military Academy
ofYunnan
province in China to broaden and
strengthen interoperability and cooperation between armies of both the countries. It will
conclude on 23rdOctober 2015.
Important Obituaries
Important Obituaries in October 2015 (1
st
to 15
th
)
1. Veteran Tamil Actress, comedian, singer and stage artiste Manoramahas passed away at her age
of 78 at Chennai, Tamil Nadu. She had acted more than 1,500 films and 100 state performances
in her career of six decades.
2. Famous Music director and lyricist, Ravindra Jainhas passed away at his age of 71 at Mumbai.
Awards: Padmashri Award (2015), Lata Mangeshkar Lifetime Achievement Award of Maharashtra
Government, Filmfare Award for Best Music for Ram Teri Ganga Maili.
3. Veteran Swedish Crime Writer, Henning Mankellhas passed away at his age of 67, at
Gothenburg, Sweden. Awards: Best Swedish Crime Novel Award, Crime Writers Association Gold
Dagger for Best Crime Novel of the year 2001 and 2008.
4. Famous TeluguCinema Producer Edida Nageswara Rao
has passed away at his age of 81 at
Hyderabad, Telangana.
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Science and Technology NEWS
R O sets up worlds highest terrestrial research center
The Director General of Defence Research and Development Organisation (DRDO) Dr. S.
Christopher inaugurated the worlds highest terrestrial research center named Extreme Altitude
Research Centre located at 17,600 feet above mean sea level near the Pengong Lake at Changla,
Ladakh
A sweet banana species with orange pulp discovered in Andamans
A team of scientist from the Botanical Survey of India (BSI) discovered a sweet banana species with
orange pulp named Musa indandamanensis in the remote Krishna Nalah tropical rain forest on the
Andaman Islands
Union Government flagged off the Climate Special Science Express
Union Science and Technology Minister Dr. Harsh Vardhan flagged off the Science Express Climate
Action Special (SECAS) with the theme of Climate Change from Safardung railway station in New Delhi
to create awareness among various sections of the society especially students about challenges and
issues associated with Climate Change
Important Days
1stOctober- International Day of Older Persons
2ndOctober- International Day of Non-Violence
3rdOctober- World Nature Day, World Habitat Day
4thOctober- World Animal Day
5thOctober- World Teachers ay
8thOctober- Indian Airforce Day
9thOctober- World Post Day
11thOctober- International Girl Child Day
12thOctober- World Arthritis Day
14thOctober- World Standards Day
15thOctober- World Students Day
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