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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