Daily Current Affairs Updates- 10th August 2015

    Daily Current Affairs Updates- 10th August 2015
    Daily Current Affairs Updates- 10th August 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). 10thAugust is observed asWorld Bio-Fuel Day to create awareness aboutnon-fossil fuels (Green Fuels)
    ·        Sir Rudalph Diesel – inventor of diesel engine successfully ran a mechanical engine with peanut oil on10th August 1893
    ·        Union Petroleum MinisterDharmendra Pradhan launched 4-retail outlets of bio-fuel blended diesel in
    a.   Delhi
    b.   Vishakhapatnam
    c.   Vijayawada
    d.   Haldiya
    ·        Bio-fuels– renewable, bio-degradable, sustainable and environment friendly fuel, it helps to reduce the import of fossil fuel and also save foreign exchange
    ·        Ethanol blended petrol programme is being promoted in India
    ·        Ethanol blended petrol – ethanol blended with permissible limit ranging from5% to10% on the availability of ethanol
    ·        Bio-diesel in used in modes of transportation in India they are
    a.   Railways
    b.   Shipping
    c.   State Road Transportation Corporations
    2). Union Environment MinisterPrakash Javadekar launched theSchool Nursery Yojanain New Delhi
    ·        Objectives:
    a.   To create a bond between the young school students and plants
    b.   To provide an opportunity to the students to learn about nature
    c.   To develop an organic linkage and positive emotions for the environment among students
    ·        Schools to distribute saplings to students to plant in their homes and surroundings
    ·        School nursery – minimum100sq m in school premises with essential facilities for raising saplings will be provided
    ·        Schools to take up other activities such as
    a.   Composting
    b.   Rain water harvesting
    c.   Water recycling

    3). China’sXiaomi Inc tied up with Taiwan’sFoxconn to set up1stAssembly line inAndhra Pradeshunder‘Make in India’ campaign
    ·        This tie up is to introduce Xiaomi’s1st locally made smart phone,Redmi2 Prime in Indian market
    ·        Xiaomi
    a.   World’s4th largest smart phone distributor started in2011
    b.   Designs, develops and sells smart phones, apps and consumer electronics
    c.  Markets its product under the brand name‘Mi’
    ·        Foxconn
    a.   Multinational electronics manufacturing company headquartered inNew Taipei, Taiwan
    b.   3rdlargest Information Technology Company by revenue

    4). Central Government capped thesubsidyonkerosene andLPG
    ·        Subsidy payout onKerosene isRs.12 per liter
    ·        Subsidy payout onLPG isRs.18 per kg
    ·        Notifies the upstream companies to bearRs. 5000-6000 crore kerosene subsidy
    ·        Government has provided
    a.   Rs.22,000crore forLPG
    b.   Rs.8000crore onKerosene
    ·        InPublic Distribution System(PDS)
    a.  Kerosenesold atRs.14.9 per liter
    b.   Actual costisRs. 29.91
    c.   Under recovery or revenue loss ofRs.14.95 is left as burden on Government
    ·        ThisRs.14.95 rupees is reduced toRs.12 per liter  leaving the difference ofRs.2.95 per litre on theONGC andOil India Ltd.
    ·        Government fixed subsidy for LPGRs.18 per kg for14.2 kg LPG cylinders
    ·        LPG subsidized rate –Rs. 417.82
    ·        Market Price –Rs. 585
    ·        The difference ofRs. 167.18 per cylinder is paid by government as subsidy

    5). High intensityearthquakestruckHindu kush region inAfghanistan
    ·        India Meteorological Department(IMD) registered the magnitude of this earthquake as6.2on the Richter scale
    ·        Earthquake occurred at a depth of210km with itsepicenter in the Hindu Kush region
    ·        Tremors were felt in the following regions
    a.   Jammu& Kashmir
    b.   Delhi
    c.   Islamabad
    d.   Lahore
    e.   Faisalabad
    f.     Peshawar
    g.   Sargodah
    h.   Gilgir-Baltistan
    ·        An earthquake of7.6 Richter had killed more than40,000 people in both parts ofKashmirin India and Pakistan in2005
    6). ProfessorRaghavendra Gadagkar conferred withCross of Order of the Merit award
    ·        This award was conferred in recognition of his work in strengthening Indo-German research co-operation in the field ofbehavioral ecology& sociobiology
    ·        Gadagkar is currently serving as
    a.  Professor atCentre for Ecological Sciences at Bangalore basedIndian Institute of Science(IISC)
    b.  President on theIndian National Science Academy(INSA)
    c.   One of the founding Chairperson of theCentre for Contemporary Studiesestablished at IISC in 2004
    ·        He has published
    a.   2-scientific books
    b.   275-scientific articles and papers in various national& international journals
    ·        He was elected as a member of theGerman National Academy of Sciences(GNAS) Leopoldinain2012
    ·        In1993, he received theShanti Swarup BhatnagarAward in Biology
    ·        Cross of Order of the Merit
    a.   It is thehighest civilian award of Germany – awarded to both Germans and foreigners
    b.  Established in1951 by the1st President of theFederal Republic of Germany Theodor Heuss
    c.   It recognizes people for their works in the fields of – politics, culture, economy, intellectual& volunteering
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