Daily Current Affairs – 13th October 2015

    Daily Current Affairs – 13th October 2015
    Daily Current Affairs – 13th October 2015:
    Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

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    1).TheCanberra based art gallery inAustralia agreed to return a2000year old Indian origin sculptured ofGautama Buddha back toIndia
    ·        The Sitting Buddha sculpture has its roots traceable toMathura,Uttar Pradesh
    ·        The sculpture is made of sandstone and depicts very unique art of the ancient Mathura region
    ·        TheArchaeological Survey of India (ASI) played an important role in negotiating the legality of returning the statue
    ·        Previously,Germany had returned the 10thcentury Durga idol inMahishasuramardini avatar to India which had gone missing from a temple atPulwama, Kashmir in 1990s

    2).The3rd edition ofIndo-Sri Lanka Joint Training ExerciseMitra Shakti – 2015 came to an end atAundh Military Camp in Pune, Maharashtra
    ·        Objectives of Mitra Shakti 2015
    a)   To share the best military practices between the 2 Armies
    b)   To promote healthy military to military relations
    ·        The14 days joint training that included the following activities started on29thSeptember 2015
    a)   Understanding of transnational terrorism
    b)   Developing interoperability
    c)   Conduct of joint tactical operations
    ·        ThisJoint Military Exercise is an important step to uphold the values of Peace, Prosperity and Stability in the South Asia region
    ·        The exercise demonstrated the determination of both the countries to work closely with each other to eradicate the menace of terrorism in all forms

    3).Indiaand Slovenian companyPipistrel Aircraft signed a deal worthRs. 130 crore for194 micro-light aircraft for theNational Cadet Crops (NCC) of Air Force and Navy
    ·        This is thelargest order for micro-light aircraft placed on any aircraft manufacturer in the world
    ·        Virus SW80 is the aircraft chosen for purchase and is named asGarudain the Indian service
    ·        The deal was signed by the following dignitaries
    a)   Ivo Boscarol – Pipistrel CEO
    b)   Manohar Parrikar – Minister of Defence

    4).Telenor Group restructured itsExecutive Management team to represent all the 13 markets globally to ensure faster execution of the Group strategy
    ·        Telenor has189 million mobile subscriptions in 13 global markets
    ·        ItsIndian operations will be headed bySharad Mehrotra from 1stNovember 2015, he previously theChief Marketing Officer ofTelenor Myanmar
    ·        The current head of Telenor IndiaVivek Sood has been appointed as the newExecutive Vice President(EVP) andChief Marketing Officer of Telenor
    ·        Ruza Sabanovic has been appointed as theChief Technology Officer
    ·        Wenche Agerup – newChief Corporate Affairs Officer
    ·        Jon Gravrak – newChief Digital Officer

    5).Indian PresidentPranab Mukherjee handed over a cheque of5 million dollarsto thePalestinian government as a budgetary support during his visit to Palestine
    ·        The President announced India’s support to theIsraeli – Palestinian crisis based on negotiations withUN Security Council resolutions
    ·        Both the countries also announced 5 projects worth17.79 million dollars which includes the following
    a)   12 million dollarstechno park
    b)   4.5 million dollarsPalestine Institute for Diplomacy
    c)   1 million dollarsIndia – Palestine Centre for Excellencein Gaza

    6).Renowned Malayalam DirectorI. V. Sasi won the prestigiousJ. C. Daniel Awardfor the year 2014 for his contributions towards the Malayalam entertainment industry
    ·        1st film –Ulsavam
    ·        He has directed over170films in a span of34 years
    ·        1982 – his filmAaroodam won theNargis Dutt Award for the best feature film onNational Integration

    7).Infosys appointedRanganath D Mavinakere as its newChief Financial Officer(CFO)
    ·        Previously he was theExecutive Vice President (EVP) and head of strategic operations and CEO’s office of Infosys
    ·        He succeededRajiv Bansal who was EVP and CFO of Infosys after his resignation
    ·        Mavinakere worked withICICI Limited from 1991 to 1999 as its Vice President of Treasury and Planning before joining Infosys
    ·        He has the followingeducational qualification
    a)   Post Graduate Diploma in Management (PGDM) degree – Indian Institute of Management, Ahmedabad
    b)   M.Tech in mechanical engineering – Indian Institute of Technology (IIT), Madras

    8).P. S. Jayakumar has been appointed as the newManaging Director (MD) andChief Executive Officer (CEO) ofBank of Baroda (BoB)
    ·        Previously he was the Chief Executive ofVBHC Value Homes
    ·        Similarly,Ravi Venkatesan, the ex-chairman of Microsoft India has been appointed as thenon – executive chairman of BoB
    ·        BoB is under investigation for an alleged fraud and black money transactions ofRs. 6000 crore
    ·        It was alleged that an amount ofRs. 6172 crore was remitted from BoB to Hong Kong under the pretext of payments for non-existent imports like pulses, rice and cashew
    ·        The total amount was deposited in59 accounts in cash as advance for imports that never existed

    9).Spain’sGarbine Muguruza won the2015 Women’s singles title of China Openby defeating Switzerland’sTimea Bacsinszky in the final match held in Beijing

    10).Canada’sVasek Pospisil and United States’sJack Sock together won the2015 Men’s Doubles title of China Openby defeating Canada’sDaniel Nestorand France’sEdouard Roger – Vasselinin the final match
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