Daily Current Affairs Updates – 20th October 2015

    Daily Current Affairs Updates – 20th October 2015
    Daily Current Affairs Updates – 20th 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) World Osteoporosis day – October 20
    Theme-Serve up bone strength throughout life
    World Osteoporosis day was launched on 20 October 1996 by the United Kingdom’s National Osteoporosis Society and supported by the European Commission. Osteoporosis is a disease where decreased bone strength

    2) IDFC bank inaugurated by PM
    ·        Prime MinisterNarendraModi inauguratedIDFC bankin New Delhi. Union Minister for Finance Arun Jaitley and Union minister of state for Finance Jayant Sinha were present on the occasion

    3) Government of India makes changes in indirect tax rates
    ·        Basic customs duty onwheat has been increased from10% to 25% for a period up to31.03.2016
    ·        Central excise duty has been exempted on RBD Palm Stearin, Methanol and Sodium Methoxide used in the manufacture ofbiodiesel subject to actual user condition for a period up to31.03.2016
    ·        Indirect tax, a tax levied on goods and services rather than on income or profit

    4) Apple to pay $234 million to the University of Wisconsin
    ·        US jury orderedApple topay the University of Wisconsin-Madison’s patent licensing arm more than$234 million in damages for incorporating its microchip technology into some of the company’s iPhones and iPads without permission

    5) IRCTClaunches e-catering pilot project
    ·        The Indian Railways catering and Tourism Corporation (IRCTC) has launched a pilot project of a station basedecatering service allowing passengers to order meals as their choice
    ·        These meals will be delivered where train halts at the eligible stations from popular private caterers

    6) Aadhaar number compulsory- to register new business
    ·        Modi government has madeAadhaarnumbercompulsory in order to register new business, even though the Supreme Court has only allowed Aadhaar to be used voluntarily for a few social welfare schemes

    7) Chillr mobile app launched by Bank of Baroda
    ·        Bank of Baroda launched Chillr mobile app and becomes the first public sector bank to partner with Chillr
    ·        Mobile banking facility can transfer money instantly to their phone book contacts without the need for account details of the recipient
    ·        Chillr is an offshoot of Kochi-based technology firm MobME

    8) Indian Premier League Title sponsor- VIVO replaces Pepsico
    ·        BCCI announced TheIndian Premier League (IPL) title sponsorhas been assigned toM/S VIVOmobiles, Chinese Smartphone maker replacing PepsiCo who pulled out from 5 year deal that was to end in 2017

    9) Indiaranked among top 10 acquirers in US market -2015
    ·        Indiahas been ranked amongtop 10acquirers in theUS market this year with 16 deals valuing at1.7 US billion dollars in  2015, report released by Baker& McKenzie
    ·        Majority of these deals were inPharmasector, with 6 transactions totaling $1.5 billion

    10) Trident Juncture military exercise launched by NATO
    ·        North Atlantic Treaty Organization (NATO) launched the AlliancesTrident Juncture military exercise at Trapani air force base in Italy, launching three weeks of intensive training involving 36,000 troops from more than 30 nations across Italy, Spain and Portugal which will end on 6 November 2015
    ·        Trident juncture will increase our readiness and our ability to work together, including with our partners and demonstrate that NATO is capable of responding to threats from any direction

    11) 2015 Melbourne Mercer Global Pension Index launched
    ·        The2015 Melbourne Mercer Global Pension Index (MMGPI) report released which ratedDenmark as the country withbest retirement system for the consecutive four years with score of81.7
    ·        Indiarankedlast in the 2015 MMGPI report with index value of40.3, due to material reduction in its household savings rate
    ·        The MMGPI report is the world’s most comprehensive comparison of pension systems

    12) VK Malhotra named head of All India Council of Sports
    ·        Sports administratorVK Malhotra named by the government ashead of theAll India Council of Sports, including cricket icon Sachin Tendulkar and chess wizard Vishwanathan Anand as members
    ·        Malhotra recently quit from President of Archery Association of India, will be given equivalent rank of a Minister of State in the Union Council of Ministers
    ·        Other former sportspersons in the council include PT Usha, Limba Ram, N Kunjarani Devi, IM Vijayan, Baichung Bhutia and P Gopichand
    ·        All India Council of Sports as an advisory body for the Ministry of Youth Affairs and Sports

    13) Canada’s new Prime Minister- Justin Trudeau
    ·        Justin Trudeau Canada’s Liberal Party leader elected as the newprime minister of Canada at the age of 43 years and became the second youngest prime minister in Canadian history

    14) Urvashi Rautela – Miss Diva 2015
    ·        21 years old Uttarakhand girl Urvashi Rautelahas been named Yamaha Fascino Miss Diva 2015, will represent India at the Miss Universe 2015 Pageant
    ·        1st runner up – Natasha Assadi from Bangalore
    ·        2nd runner up – Naveli Deshmukh from Aurangabad

    15) Virendra sehwag announces retirement from International cricket and IPL
    ·        Right hand batsmanVirendra sehwag has announcedretirement from International cricket and IPL; in his remarkable career he scored 17,253 international runs
    ·        Sehwag is the only Indian batsman to score a triple century in Tests and he did it twice
    ·        Test matches – 104; runs – 8586 and stands 5th in the India’s list
    ·        ODIs- 251; runs – 8273 with 15 centuries including the second highest individual score of 219
    ·        Twenty20- 19; runs-394
    ·        Wickets- 40 in tests and 96 in ODI
    ·        Captaincy- in 12 ODIs between 2003 and 2012 and 4 tests from 2005 to 2012
    ·        Awards- Arjuna Award (2002), ICC Test Player of the year (2010), Padma Shree award (2010)
    ·        Last Test was in March 2013 against Australia in Hyderabad
    ·        Last ODI in January 2013 against Pakistan
    ·        He lost his place in the T20 team in 2012

    16) Konkan Railway to set up tunnel tech institute in Goa: Suresh Prabhu
    ·        Railway MinisterSuresh Prabhu said thatKonkan Railway would establish aTunnel technology institute at Goa’s Margaotown, to enable training for the technology which is unavailable in the country
    ·        First in the country, it would be namedGeorge Fernandes Institute of Tunnel technology, after former Railway Minister George Fernandes
    ·        The objective of the institute would be a depository of knowledge, experience and data for tunnels and underground, structures, to provide training of tunnel technology and consultancy services for tunnels and underground construction

    17) APSEZ signs pact with IPGA to handle pulses at its port
    ·        Adani Port and Special Economic Zone (APSEZ),India’s largest port developer has signed a Memorandum of Understanding with India Pulses Grains Association (IPGA), to handle pulses across its ports in the country
    ·        Adani has the largest dedicated covered warehouse space inside ports for agri goods

    18) UK government to fight the increasing Radicalization
    ·        UK government to fight the increasing radicalization of its residents, especially the youth
    The main strategy is on four areas
    ·        Building more cohesive community
    ·        Countering extremist ideology
    ·        Building a partnership with all those opposed extremism
    ·        Disrupting extremist
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