Current Affairs

CURRENT AFFAIRS (29-11-2016)
  • 2016-11-29
CURRENT AFFAIRS (29-11-2016)
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Current Affairs  for Single Line 

 

     The winner of the 2016 Davis Cup is - Argentina

     The Dictionary.com’s Word of the Year for 2016 is - Xenophobia

     The author of the book titled ‘Conflicts of Interest: My Journey through India's Green Movement’ is - Sunita Narain

     Radha Mohan Singh, Union Agriculture and Farmers Welfare Minister, launched e-Pashuhaat portal to - connect breeders and farmers regarding availability of bovine germplasm

     The village in Gujarat that recently earned the tag of becoming India’s first digital village in India is – Akodara

     Person appointed as Director of Lal Bahadur Shastri National Academy of Administration- Upma Chawdhry

     City that will organise the first underwater festival of India- Pune

     Bank that launched contactless debit card based on Near Field Communication (NFC) technology- South Indian Bank

     Bank that tied-up with Gujarat State Road Transport Corporation (GSRTC) to digitise payment of bus tickets for its customers- YES Bank

     Person appointed as the Director-General of Military Operations (DGMO) recently- Lt-General A K Bhatt

     The Indian Dairy brand to debut online through Amazon in the United States- Amul

     This state will be the first-ever in India to go completely cashless- Goa

     The 47th International Film Festival of India (IFFI) was held in- Goa

     The Golden Peacock for ‘Best film’ at the 47th IFFI went to- Daughter

     The ICFT- UNESCO Gandhi medal was awarded to Turkish drama film- Cold of Kalandar

     The Bill that amends the Income Tax Act, 1961 and seeks to impose a higher rate of tax and penalty in respect of undisclosed incomes is - Taxation Laws (Second Amendment) Bill, 2016

 

Paradip Port introduced (RFID) Access

Paradip Port has introduced the modern Radio-frequency identification (RFID) Access Control System  for controlling and tracking the entry and exit of vehicular as well as human traffic into and out of its prohibited area. The implementation of the system was done as per the directives of the Ministry of Shipping.

 

   Paradip Port is the first among all Major Ports to have successfully implemented the RFID Access Control System adding yet another distinction to its string of achievements.

 

 

Income-Tax Amendment Bill

 

   The Government has sought to bring to tax all unaccounted money that was flowing into the banking system following the demonetisation announcement on November 8. In this regard, Finance Minister Arun Jaitley has introduced a Bill in Lok Sabha.

         The Taxation Laws (Second Amendment) Bill, 2016 proposes to amend Section 115BBE of the Income Tax Act to provide for a punitive tax, surcharge and penalty on unexplained credit, investment, cash and other assets.

 


Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY)

 

   An alternative Scheme namely, ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY) has been proposed in the Bill.

 

UNCITRAL

  India is hosting the golden jubilee (50 years) celebrations of United Nations Commission on International Trade Law (UNCITRAL).

   The event is being hosted by the UNCITRAL National Coordination Committee India (UNCCI) and the UNCITRAL Regional Centre for Asia and the Pacific, with the support of the Permanent Court of Arbitration.


 

Bitcoin


   Unocoin, an Indian bitcoin start-up, has unveiled a new app for Apple’s mobile operating system iOS and Google’s Android platform. According to the firm, the app will allow consumers to buy, sell, send, receive and store bitcoins, all in one place, from any remote device.

        Unocoin said the implementation is timely because bitcoin adoption is rapidly ascending in India, coupled with the government’s decision to demonetise Rs.500 and Rs.1,000 notes.

   With this, Unocoin has become the first company in the country to offer a full-featured mobile bitcoin app. This includes 24/7 access to real-time bitcoin market prices and instantaneous trading transactions.

 

Chief Ministers panel to study demonetization effect:


            Andhra Pradesh Chief Minister N. Chandrababu Naidu has been nominated by the Central Government to head the sub-committee of Chief Ministers of five States constituted to study the situation arising out of the demonetization of big notes.

      The committee, after an indepth study of the situation and also after holding parleys with the banking institutions, is expected to submit its report to the Centre for taking required steps.

 

India’s first digital village- Akodara


  Akodara has earned the tag of India’s first digital village that uses a cashless system for payments of goods and services.

 Akodara is a tiny village around 90 km away from Ahmedabad, located in Sabarkantha district of Gujarat.

 The village was adopted by ICICI Bank in 2015 and made cashless by adopting digital technology.

 

 

 

 

 

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