Current Affairs 31st May 2016 - Banking, SSC, UPSC Affairs

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Senior BJP leader and former MP Rudra Madhab Ray passed away on 31 May 2016. Ray, who had been ailing for quite some time, breathed his last while undergoing treatment at a private hospital. A three-time MLA in Odisha assembly from Daspalla constituency, Ray had been elected to the Lok Sabha in 2009 from Kandhamal seat as a BJD candidate. However, Ray who had long association with the Janata Dal and Biju Janata Dal joined BJP after being suspended from BJD in 2014. Ray, regarded as an influential leader and good organiser, was associated with a number of activities in social, educational and cultural sectors.  

According to the Indian Meteorological Department (IMD), if the rainfall during the four monsoon months of June to September is deficient by 10 per cent of its long-term average, it is declared a drought monsoon. Indian Monsoon this year is predicted to be normal with La Nina playing the favourable role. Indian subcontinent in last two years received sparse rainfall leading to drought in many parts of the country and affecting million of rural population. According to a study done by scientists from Kerala and Pune, constant cooling of the atmosphere over Central Asia is set to increase the frequency of drought between 2020 and 2049. Present Drought Situation : Grim Facts :  In 2015-16, 266 districts in 11 different states were declared drought affected. Among them, more than 70 percent districts were in 8 States.The 11 drought affected States are – Uttar Pradesh, Rajasthan, Madhya Pradesh, Chhattisgarh, Odisha, Andhra Pradesh, Telangana, Maharashtra, Karnataka, Gujarat and Jharkhand.  In both Chhattisgarh and Karnataka, 93% of the districts are drought affected followed by Jharkhand with 92% drought affected districts. 90% of the districts are drought affected in both Odisha and Madhya Pradesh.In terms of absolute numbers, Uttar Pradesh has the highest number of drought affected districts (50) followed by Madhya Pradesh (46). More than 20 districts are affected by drought in five other states. The present specter of drought has affected more than 300 million people living in these 266 districts.The food grain production in 2015-16 has decreased compared to the average production of the preceding 5 years. The average food grain production between 2010-11 and 2014-15 is 255.59 million tonnes, while in 2015-16, it is estimated to be at 253.16 million tones. Steps Taken by Government Announcements made in Budget 2016-17 : Every block in drought affected areas will be taken up as an intensive Block under Deen Dayal Antyodaya MissionCluster Facilitation Teams (CFT) will be set up under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to ensure water conservation and natural resource management. Assistance from NDRF: In 2015-16, various states had submitted requests on drought, seeking financial assistance from National Disaster Relief Fund (NDRF).Around 13500 crore rupees were approved from NDRF for drought relief in 10 different states affected by drought. Maharashtra was given the highest amount of relief (3049 crore rupees) followed by Karnataka with 2263 crore rupees.Formation of Self Help Groups (SHGs) will be speeded up to promote multiple livelihoods Assistance to Farming Community : During drought the farming community is the worst affected. Against this backdrop, the Union Government in March 2015 revised norms in relation to the compensation to distressed farmers. The revised norms are – i. Farmers will be eligible for input subsidy even if 33 percent of their crop has been damaged due to unforeseen weather conditions as opposed to 50 percent or more, which is the norm till now. ii. Input subsidy given to distressed farmers will be enhanced by 50 percent of the existing amounts. iii. Besides, the Pradhan Mantri Fasal Bima Yojana was approved in order to better protect farmers in times of unforeseen crises including drought. Programmes with potential to aid Drought Management : National Hydrology Project: The Union Cabinet in April 2016 approved the National Hydrology Project (NHP) at an estimated cost of around 3700 crore rupees.The project seeks to build the capacity of the government agencies in water resources management through the use of information systems and adoption of state-of-the-art technologies including remote sensing.Neeranchal National Watershed Project : It was approved by the Union Cabinet in October 2015 with a total budget of 2142 crore rupees in which India would bear 1071 crore rupees and the rest 50 percent cost will be borne by the World Bank.It will support the Pradhan Mantri Krishi Sinchayi Yojana in hydrology and water management, agricultural production systems, capacity building and monitoring and evaluation.The project seeks to support integrated watershed management program (IWMP) through technical assistance to improve incremental conservation outcomes and agricultural yields. Pradhan Mantri Krishi Sinchayi Yojana : It was approved by the Union Government in July 2015 with an outlay of over 50000 crore rupees for the period between 2015 and 2020. The scheme seeks to provide convergence to existing schemes of water management, thus bringing efficiency to the use of water.It also aims at expanding cultivable area under assured irrigation (Har Khet ko pani) and improve on-farm water use efficiency to reduce wastage of water.  

ONGC Videsh Ltd (OVL), the overseas arm of state-run explorer Oil and Natural Gas Corporation (ONGC), has announced it has signed a Memorandum of Understanding (MoU) with SOCAR Trading SA, the trading arm of Azerbaijan's government-owned energy firm SOCAR, for foraying into oil trading business. The objective of the MoU, signed in Geneva on 27 May, is to explore possibilities of joint marketing of OVL's crude oil portfolio by leveraging SOCAR Trading's experience in oil trading, OVL. The Azeri-Chirag-Guneshli (ACG) field is located off the coast of Baku and is said to be the largest oilfield in the Azerbaijan sector of the Caspian basin. OVL had earlier bought a 2.7 per cent stake in the field from US-based Hess for $1 billion.Based on the performance of this agreement both parties will mutually agree to optimize price realization of other crudes from OVL's portfolio either through joint marketing or joint venture route. OVL operates 36 projects in 17 countries including Azerbaijan, Bangladesh, Brazil, Colombia, Iraq, Kazakhstan, Libya, Mozambique, Myanmar, Russia, South Sudan, Sudan, Syria, Venezuela, Vietnam and New Zealand. It currently produces 165,000 barrels of oil and oil equivalent gas per day and had total oil and gas reserves of around 632.65 million tonne of oil equivalent at the end of March 31. SOCAR trading is the international marketing and development arm of State Oil Company of Azerbaijan republic (SOCAR). SOCAR trading was incorporated in December 2007 with a mandate to market Azeri barrels produced from the ACG field and other surrounding fields in Azerbaijan.

National football team goalkeeper Gurpreet Singh Sandhu on 29 May 2016 became the first Indian to play top-tier European football league match. He turned out for Norwegian side Stabaek FC in Norwegian Premier League (Tippeligaen) . Gurpreet Singh Sandhu : Gurpreet Singh Sandhu signed for Stabaek FC in 2014. He played his first Tippeligaen (Norwegian Premier League) for Stabaek FC on 29 may 2016 and helped the team to claim a dominant 5-0 triumph over IK Start.He was a surprise inclusion in the 2011 Asia Cup squad. He made his debut for the Indian national team against Turkmenistan in 2013. He was trained in the Tata Football Academy and represented India at the Under-19 and Under-23 levels. Tippeligaen (Norwegian professional league) : Tippeligaen is a Norwegian professional league for association football clubs.It is the country's primary football competition which was founded in 1937. It was called Norgesserien (The League of Norway) in its early days and later Hovedserien (The Main League).It was expanded to 12 teams in 1972 and the league was renamed Tippeligaen in 1990.The league is also known as Eliteserien or The Elite League.

Ashok Lavasa, who was recently appointed as the Secretary, Expenditure in the Finance Ministry has been designated as the Finance Secretary by the Appointments Committee of Cabinet (ACC) headed by PM Narendra Modi .  The 1980 batch IAS officer was shifted from the Environment Ministry to the Finance Ministry after the retirement of Ratan P. Watal on April 30. Watal was later appointed as Principal Advisor in NITI Aayog. In being designated as the Finance Secretary, Lavasa has trumped his batchmate Shaktikanta Das , the economic affairs secretary in the Finance Ministry. Though Das is senior to Lavasa in terms of age by eight months, Lavasa ranked higher in the merit list of the 1980 batch, tilting the scales in his favour for being designated as the Finance Secretary among the five Secretaries in the Finance Ministry. Das retires in February next year while Lavasa will superannuate in October, 2017. 

Noted Kannada writer D Javare Gowda, popularly known as De Ja Gow, passed away on 30 May 2016 following a cardiac arrest in a private hospital at Mysuru. He was 101. He is survived by a daughter, a son and grandchildren. D Javare Gowda : Gowda served as the Vice-Chancellor of Mysore University from 1969 to 1975.He dedicated much of his time and efforts towards protecting Kannada and promoting the language as the medium of instruction in schools.He played an important role in getting the classical language status for Kannada by launching an indefinite fast and threatening to return the Padma Shri that was conferred on him in 2001. He also awarded with the Pampa Prishathi in 1998 and the Guru Award in 2003.In recognition of his contribution to literature and the cause of Kannada, the Karnataka government has honoured him with the Karnataka Ratna (2008) and the Nadoja title (2003).His works include Lakshmishana Jaimini Bharata (1957), Kanakadasara Nalacharitre (1959), Andayyana Kabbigara Kavya (1965), Chikkupadyayana Rukmangada Charitre (1964) and many more.He was a disciple of Kannada doyen and poet lauret K V Puttappa.

World No Tobacco Day is observed across the globel on May 31 every year. It is aimed at encouraging people to abstain from consuming tobacco for 24 hours and raising awareness about the hazardous effects of tobacco consumption on a person's health and well-being. World No Tobacco Day 2016 theme : "Get ready for plain packaging"  On the eve of World No Tobacco Day 2016 the World Health Organization has urged the member nations for plain packaging of tobacco products as it will reduce the attractiveness of tobacco products, restrict the use of tobacco packaging as a form of advertising, limits misleading packaging and labelling and increases the effectiveness of health warnings.  New Zealand and various other countries have introduced the plain packaging on tobacco products despite the threat of legal action from the industry. Plain packaging means cigarettes must be sold in boxes plastered with health warnings and gruesome pictures of smoking-related disease

Reliance Industries Limited (RIL) has sold its stake in African fuel retailer GAPCO (Gulf Africa Petroleum Corporation's) to Total SA of France for an undisclosed sum.Total SA, which is already a leading retailer of petroleum products in Africa, will acquire Gulf Africa Petroleum Corporation's (GAPCO) assets in Kenya, Uganda and Tanzania. RIL had in September 2007 bought a clutch of fuel stations and storage facilities in one of the fastest growing regions in Africa. Gulf Africa Petroleum Corporation is a holding company incorporated in Mauritius with affiliates in Kenya, Uganda and Tanzania. RIL's overseas arm Reliance Exploration & Production DMCC, owns 76% stake while Fortune Oil Corporation, Mauritius has the remaining. Total SA has acquired two logistical terminals in Mombasa, Kenya and Dar es Salaam, Tanzania, as well as a retail network of around 100 service stations. The acquisition will complementary to Total's existing operations in Kenya, Uganda and Tanzania and will strengthen its logistics in the region.

Mahindra & Mahindra today said it has entered into a brand licence agreement with Pininfarina for use of trademarks after closing the deal to acquire 76.06 per cent stake in the Turin-based company.  Last year Mahindra group had announced to acquire Pininfarina for an overall outgo of over 50 million Euros (nearly Rs 370 crore) after months of negotiations.  The acquisition was carried out through a special purpose vehicle (SPV). Last year the company had said that Tech Mahindra and Mahindra & Mahindra (M&M) will own 60 per cent and 40 per cent respectively in the automotive and industrial design firm.  That the transaction has closed, the SPV has acquired 76.06 per cent stake in Pininfarina and as part of the overall transaction, the company has also entered into a brand license agreement with Pininfarina for use of trademarks owned by the Pininfarina group including licensing of brand Pininfarina for automotive products of the company," Mahindra & Mahindra said in a regulatory filing.  The Mahindra counter ended 0.6 per cent down at Rs 1,327.50 on the BSE whose benchmark Sensex continued its upward journey for the fifth continuous trading day gaining 0.30 per cent. 

Admiral Sunil Lanba has took over as the new Chief of Naval Staff and vowed to ensure that the maritime domain of the country is safe and secure. 58-year-old Lanba, a specialist in Navigation and Direction, will have the full three-year tenure as the Navy Chief.  He succeeded Admiral R K Dhowan who retired.  Sunil Lanba : An alumnus of Defence Services Staff College, Lanba is the 21st Indian to be the Navy Chief. The first two were British. Coming in with rich operational and staff experience in a career spanning more than three decades, Lanba has served as Navigating Officer of corvette INS Sindhudurg and frigate INS Dunagiri.  He has commanded four frontline warships  INS Kakinada (minesweeper), INS Himgiri (frigate) and INS Ranvijay and INS Mumbai , both destroyers. He is also an alumnus of the College of Defence Management, Secunderabad, where he has served as a faculty.  Lanba has also held key staff assignments such as Fleet Operations Officer of the Western Fleet and the Chief of Staff, Southern and Eastern Naval Commands. He was also the Flag Officer Sea Training, Flag Officer Commanding Maharashtra and Gujarat Naval Area and Commandant, National Defence College.  He was the Commander-in-Chief of the Southern Naval Command at Kochi, prior to being appointed to head the Western Naval Command. He took over as the Vice Chief on June 2, 2014. Admiral Lanba is a recipient of the Param Vishist Seva Medal and the Athi Vishist Seva Medal for distinguished service. 

India, the world's third largest steel producer, was among the top 10 importers of the alloy last year, according to the latest data by the global industry body World Steel Association (WSA).  India imported 13.3 million tonnes (MT) of the metal in 2015 and was just a notch up from China, which imported 13.2 MT of steel during the same period.  According to the WSA data, European Union as a bloc imported 37.7 MT of steel last year, which was followed by the US (36.5 MT), Germany (24.8 MT), South Korea (21.7 MT), Italy (19.9 MT), Turkey (18.6 MT), Vietnam (16.3 MT), Thailand (14.6 MT), France (13.7 MT) and India (13.3 MT).  According to Indian government data, steel imports rose by 25.6 per cent to 11.71 MT during the 2015-16 financial year against 9.32 MT in the year-ago period. India was a net importer of the metal in the last fiscal. WSA data also showed that India exported 7.6 MT of steel in 2015, which was just a fraction of what its neighbour China exported during the same period at 111.6 MT.  Admitting that Indian steel sector is going through stress for some time due to rising imports, Steel Minister Narendra Singh Tomar had earlier this month assured the Rajya Sabha that government will take all steps to promote and safeguard the industry.  On the brighter side, WSA forecasted that India's steel demand is expected to grow by 5.4 per cent to 83.8 MT in 2016 on the back of low oil prices and reform momentum. India's prospects are brightening due to low oil prices, the reform momentum and policies to increase infrastructure and manufacturing output. India's steel demand will increase by 5.4 per cent in both 2016 and 2017 reaching 88.3 MT in 2017 . Economic environment facing steel industry continues to be challenging with China's slowdown impacting globally across a range of indicators contributing to volatility in financial markets, sluggish growth in global trade and low oil and other commodity prices. The global steel market is suffering from insufficient investment expenditure and continued weakness in manufacturing sector .

India and the US are likely to sign two key agreements in July that would exempt prominent Indian citizens from immigration checks in America and pave the way for exchange of information on terrorists on a real time basis. The two pacts on Global Entry--a US Customs and Border Protection programme that permits speedy clearance for pre-approved, low-risk travellers upon arrival in America and the Homeland Security Presidential Directive-6 (HSPD-6), which allows access to information on terrorists-- are expected to be signed during the Homeland Security Dialogue.  Home Minister Rajnath Singh will lead the Indian delegation at US-India Homeland Security Dialogue to be held in Washington in July . The US has been pressing for India's inclusion in the Global Entry so that high dignitaries like former Presidents, former Prime Ministers, former Union Ministers, film stars, top industrialists and frequent flyers could visit America without any hassle .Initially, the names of around 2,000 prominent Indians could figure in the coveted list, which would be expanded gradually after proper background checks of each individual. The kiosk issues the traveller a transaction receipt and directs the traveller to baggage claim and the exit. Two important conditions for inclusion of an individual in the Global Entry programme are that he or she should not have any criminal record or be in anyway connected with a money laundering case.  The other key pact which NEW DELHI may enter into is the Homeland Security Presidential Directive-6 (HSPD-6), which will enable it to access 'unclassified biographic information of known and suspected terrorists' maintained by the US on a reciprocal basis.  The HSPD-6 is a model text agreement proposed by the US to India for exchange of terrorist screening information between Terrorist Screening Centre (TSC) of the US and an Indian agency.  TSC is a multi agency organisation administered by FBI which consolidates several terrorist watch lists maintained by different US government agencies into single terrorist database on terror suspects. The database includes the name of the terror suspect, nationality, date of birth, photos, finger prints (if any) and passport number.  However, later, the security agencies came to the conclusion that there was no disadvantage in entering into the proposed pact with TSC. The Intelligence Bureau will be the nodal agency and designated as the Indian party to the agreement. It was agreed that while signing the pact, it must be ensured that privacy issues .

Indian economy will grow 7.7% in the ongoing fiscal amid likely improvement in the industrial and agricultural sectors' performance on account of good monsoon, says Ficci's Economic Outlook survey. However, it has also said that the investment cycle is expected to take at least 6 months to witness a pick-up. The growth in 2016-17 is expected to be supported by an improvement in the agricultural and industrial sector performance. Prediction of a good monsoon after two consecutive years of sub-optimal rainfall backs the improved outlook in the current fiscal. The Reserve Bank last month had forecast a 7.6% growth for the current fiscal on the back of favourable monsoon, a notch lower than the upper end of government's range of 7% to 7.75%. Agriculture : Moreover, the agriculture sector is expected to record a median growth of 2.8% in 2016-17, with a minimum and maximum range of 1.6% and 3.5%, respectively. Industrial : Industrial growth is expected to grow by 7.1% in 2016-17, while services sector growth is estimated at 9.6%. The survey was conducted during April/May 2016 among economists belonging to the industry, banking and financial services sector. The economists were asked to provide forecast for key macro-economic variables for the year 2016-17 as well as for fourth quarter of FY16 and first quarter of FY17. Economists also shared their prognosis about the expected recovery in the investment cycle. A majority of them were of the view that investment cycle will take at least two more quarters to witness a pick-up.A majority of the economists also felt that while the government and the RBI are working together to address the issues at hand, recovery in the banking system will take time. The economists observed that the passage of Insolvency and Bankruptcy Code Bill, 2015 is a very positive step to deal with the challenging issue of exiting unviable businesses.Easy exit for a business would help in speedy winding up, productive redeployment of capital and ensure greater availability of credit by freeing up of capital.The median growth forecast for index of industrial production (IIP) has been put at 3.5% for the year 2016-17, with a minimum and maximum range of 3% and 4.5% respectively. The interest rate scenario was deemed positive by the respondents for a pick-up in credit growth. In the Union Budget 2016-17, the Finance Minister had announced that the government will reorient its interventions in the agriculture sector to double the income of farmers by 2022. In the current survey, the respondents were asked to indicate the way forward to achieve this target. The participating economists felt that setting up proper irrigation facilities is definitely a prerequisite. Along with this, encouraging water harvesting, promoting crop insurance schemes with greater vigour and creating a unified agricultural market that would ensure appropriate price for the agricultural produce by eliminating middlemen, will be most critical.It was also proposed that greater investments are needed towards building necessary rural infrastructure (such as warehouses, roads) and rural supply chain infrastructure. This will not only lead to seamless movement of agricultural commodities across the country but will also be the key to generate greater income for farmers.  

Union Women and Child Development Minister Maneka Gandhi has released the Draft Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill 2016 on 30 May 2016. It seeks to create a comprehensive law against trafficking of persons and is victim oriented. It makes clear the distinction between the trafficker and the trafficked. Highlights of the Bill : Aim: To prevent trafficking of persons and to provide protection and rehabilitation to the victims of trafficking.To create a legal, economic, and social environment against trafficking of persons and related matters Unifying Existing Laws : It seeks to check human trafficking by unifying and plug loopholes in several existing laws like Indian Penal Code, 1860, Criminal Procedure Code, 1973 and Offenders Act, 1958. Offences Included : It includes other offences/provisions which are not dealt with in any other law for the purpose of trafficking, such as a.Penal provisions for the disclosure of identity of the victim of trafficking and witness b. Use of narcotic drug or psychotropic substance or alcohol for the purpose of trafficking c.Use of chemical substance or hormones for the purpose of exploitation Punishment : It calls for confiscation, forfeiture and attachment of property of an accused who uses the premises for committing trafficking related offences as defined in the bill.It makes the trafficking related offences a cognisable and non-bailable offence notwithstanding anything contained in the Code of Criminal Procedure, 1973. Creation of Special Courts : It shall be created by State Government in   consultation   with   the   Chief   Justice   of   the   High   Court by specifying for each district, a Court of Session to be a Special Court.The aim is to tackle trafficking cases and form joint working groups with neighbouring countries to undertake preventive measures. Special Public Prosecutor : For every Special Court, the Act specifies a Special Public Prosecutor for the purpose of conducting case or cases and offences under sections 370 to 373 of the Indian Penal Code, 1860.To be eligible for Special Public Prosecutor, the person shall possess ten years active practice as an Advocate before a Court of Session having good record of prosecution. Special Agency for Investigation : The Union Government shall constitute a Special Agency for investigation of offences under the provisions of the Act. Investigating Officer : The State Government  shall  designate a  police  officer  of the rank of Gazetted Officer  to be an  Investigating  Officer for  investigating  offences  under  this  Act  and  under  section 370 to 373 of the Indian Penal Code, 1860. Protection and Special Homes : It provides for Protection Homes and Special Homes for short term and long term rehabilitation support. These will be in charge of a Welfare Officer who will oversee the management and monitoring of individual care plans of all victims in such homes. Anti-Trafficking Fund : It envisages creation of a fund for effective implementation of the Act and welfare and rehabilitation of victims of trafficking. Institutional Mechanism : It provides for a dedicated institutional mechanism at District, State and Central level which is to be formed by appropriate Governments for effective implementation of the Act.At the Centre there will be Central Anti–Trafficking Advisory Board headed by Secretary, Women and Child Development Ministry.At the State there will be State Anti-Trafficking Committee headed by Chief Secretary of the State as the chairperson.At the District level, the implementation will be overseen by District Anti-Trafficking Committee headed by District Collector. Earlier, to deal with the problem of trafficking and missing children, earlier, the government has launched many initiatives like Khoya-Paya web portal, unique initiative with Railways, pasting of posters in railway coaches, expansion of Children helpline-Childline 1098 among others. Human Trafficking and Constitutional provision in India : Human trafficking is the trade of humans, most commonly for the purpose of sexual slavery, forced labor, or commercial sexual exploitation for the trafficker or others. At present, Trafficking is the third largest organized crime. Constitutional provision that bans/prohibits trafficking is : Article 23 of Constitution of India prohibits traffic in human beings and forced labour. Its clause 1 prohibits traffic in human beings and begar and other similar forms of forced labour, making contravention of this provision shall be an offence punishable in accordance with law. Article 21 of Constitution of India guarantees that no person shall be deprived of his life or personal liberty except according to the procedure established by law. India has also ratified the United Nations Convention on Transnational Organised Crime and its three Optional Protocols, including the Protocol to Prevent, Suppress and Punish Trafficking in Persons, especially women and children.

The 42nd G7 Summit was held at Ise-Shima in Japan for 2-days from 26 May to 27 May 2016. During the summit, the member countries discussed a wide range of major global economic and political challenges and approved the G7 Ise-Shima Leaders’ Declaration. The summit assumed significance as it was the first one to be held after the adoption of the 2030 Sustainable Development Agenda by the United Nations in September 2015. During the summit, global economy and trade, climate change and energy, development, health and quality infrastructure investment were discussed by the leaders. The Summit was attended by all the seven members’ viz., Canada, France, Germany, Italy, Japan, the United Kingdom and the United States and the European Commission (EC). EC is a permanently welcome participant in all meetings and decision-making since 1981. The 43rd G7 Summit wiil be held on Italy and also 44th G7 Summit wiil be held on Canada.

Surajit Kar Purkayastha on 30 May 2016 was appointed the Director General of West Bengal Police.Purkayastha will replace G.M.P Reddy, who retires on 31 May 2016. Director General of Police, Intelligence Branch, Raj Kanojia, three years senior to Purkayastha in the service, has been shifted to the post of Commandant General and DG Home Guards. Surajit Kar Purkayastha : Purkayastha is a 1985 batch Indian Police Service officer.He has earlier served as Kolkata's Commissioner of Police.He has obtained a degree in Electrical Engineering from IIT Kharagpur. He had worked as ASP in districts including Barrackpore, Asansol and South 24-Parganas and SP of Howrah district. He had also worked with the Intelligence Branch for many years. He is one of the few IPS officers who have worked for Research and Analysis Wing (RAW) in Iran.

England cricket captain Alastair Cook on 30 May 2016 became youngest Cricketer to score 10000 test runs. Cook, who is 31 years, 5 months, 5 days old, achieved the fete on the fourth day of the second test against Sri Lanka at Chester-le-Street by flicking Nuwan Pradeep to the deep mid wicket fence for a boundary. It was his 128th Test. Cook went on to make 47 not out as England won the Test by nine wickets. The previous record was held by Indian legend Sachin Tendulkar who reached the landmark score against Pakistan at Eden Gardens in 2005. He achieved the same at the age of 31 years, 10 months and 20 days. Youngest Players to achieve fete of 10000 Test runs include • Alastair Cook (England) : He achieved the fete on 20 May 2016 at the age of 31 years, 5 months and 5 days    • Sachin Tendulkar (India) : He achieved the fete on 16 March 2005 at the age of 31 years, 10 months and 20 days    • Jacques Kallis (South Africa) : He achieved the fete on 27 February 2009 at the age of 33 years, 4 months and 11 days    • Ricky Ponting (Australia) : He achieved the fete on 30 May 2008 at the age of    33 years, 5 months and 11 days    • Mahela Jayawardene (Sri Lanka) : He achieved the fete on 26 December 2011 at the age of 34 years, 6 months and 29 days  Cook, the leading Test run-scorer of England, is the 12th player in the history to score 10000 Test runs and only the second opener. The first was Sachin Tendulkar. The other ten players include Allan Border, Brian Lara, Rahul Dravid, Kumar Sangakkara, Sunil Gavaskar, Ricky Ponting, Mahela Jayawardene, Jacques Kallis, Shivnarine Chanderpaul and Steve Waugh.  

Online marketplace Snapdeal has established a data sciences centre in San Carlos, California, to get top global talent and build high-value solutions. The centre will focus on big-data and advanced analytics to add clarity to Snapdeal's consumer-centric initiatives, help shape business strategy and optimise the operational efficiencies using data.Snapdeal is extensively working on data mining through an existing analytics team. The centre houses experienced data scientists from leading global brands like Groupon, Google, Yahoo and Amazon and is headed by Nitin Sharma, senior vice-president, Data Sciences. The richer understanding of the customers by capturing and integrating the information on their buying behaviour will drive habit commerce and is in sync with our vision of 20 million daily transacting users by the year 2020.

Legendary Oscar winning Indian music composer A.R. Rahman was on Monday awarded Japan's Fukuoka prize for 2016. It is reported that Rahman has been conferred with the award for his outstanding contribution towards creating, preserving and showcasing South Asian traditional fusion music. Other Awards : Rahman was the 1995 recipient of the Mauritius National Award and the Malaysian Award for his contributions to music. A four-time National Film Award winner and recipient of six Tamil Nadu State Film Awards, he has fifteen Filmfare Awards in his kity. In 2009, for his Slumdog Millionaire score, Rahman won the Broadcast Film Critics Association Award, the Golden Globe Award for Best Original Score, the BAFTA Award for Best Film Music and two Academy Awards (Best Original Score and Best Original Song, the latter shared with Gulzar) at the 81st Academy Awards. Last year, noted Indian Historian Ramchandra Guha was conferred with Fukuoka Prize in academic category. Fukuoka Prize : The Fukuoka Prize is an award established by the city of Fukuoka and the Yokatopia Foundation to honor the outstanding work of individuals or organizations in preserving or creating Asian culture. There are three prize categories: Grand Prize, Academic Prize, and Arts and Culture Prize.

It's a sport she took up primarily for anger management but India's lone medallist at the just-concluded AIBA Women's World Boxing Championships, Sonia Lather, says she was quite sure of achieving big things in the ring even though the system was never too supportive. Sonia clinched a silver medal in the featherweight 57kg category in the prestigious event, where established names such as M.C Mary Kom and L Sarita Devi among others bowed out early on. The 24-year-old from Jind in Haryana said she is glad to have outdone the names she grew up admiring but she expected more from herself.Also a silver-medallist at the 2012 Asian Championships, Sonia said she could have achieved a lot more after that had it not been for "politics".  

Prime Minister Narendra Modi's mother Heeraben was conferred the " Nari Jagran Samman - 2016" award by the Nari Jagran magazine. Somabhai Damodar Das Modi , elder brother of Narendra Modi received the award on behalf of his mother Heeraben.  Nari Jagran magazine's editor Meena Chaubey and another member Ashok Chaurasia presented the award to Somabhai. Speaking on the occasion Somabhai regretted that his mother could not be present to receive this award, as his 96-year old has difficulty in travelling.  The elder brother of PM that he had visited Varanasi last in the year 2014 but this time he found lot of transformation Varanasi, which is the parliamentary constituency of Narendra Modi. 

Union Ministry of Railways and PEC University of Technology have signed a Memorandum of Understanding (MoU) for setting up of Kalpana Chawla Chair on Geospatial Technology for Indian Railways at the University. The MoU was signed in the backdrop of Union Railway Minister Suresh Prabhu’s Budget announcement in this regard. The academic chair is being instituted in memory of Indo–American Astronaut and Alumnus of PEC Late Kalpana Chawla. She was the first woman of Indian origin in space. The objective of the chair is to encourage research activities of Indian Railways in Geo-spatial Technology. It will also help to strengthen Railway projects where use of remote sensing data, Geographical information System (GIS) and global positioning system (GPS) is predominant. This will immensely help Indian Railways to develop in house solutions to the problems which are often outsourced to western countries. The Chair will be headed as Chairman by V.K.Gupta, Member Engineering, Railway Board and Manoj Arora, Director, PEC University of Technology, Chandigarh as Co-chairman. The Chair will function through a Chair Core Committee (CCC) and shall have members from Railways and PEC.

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  • About important Persons, Places,
  • Banking & Economical News,
  • Awards & Honours,
  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
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  • Books & Its Authors,
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  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

31st May 2016 Current Affairs Quiz

Try to answer the 31st May 2016 Current affairs quiz questions, after going through 31st May 2016 current affairs news. 31st May 2016 current affairs Quiz questions are designed in an endearing and better way to revise all the important points of current events. Correct answers are shown at the end of the Quiz to scale up the candidate’s grasping level of General Knowledge.

Enrich your GK with FreshersLive 31st May 2016 Current Affairs News

Nowadays, in most of the competitive exams and interviews, there is a separate section for current affairs which plays a major role in final merit listing of Candidates. Make use of this precious 31st May 2016 current affairs updates and quiz material for preparing Top competitive exams like UPSC, SSC CGL, SSC CHSL, SSC MTS, LIC AAO, RBI Grade 'B' & Assistants, NABARD Grade A & B, SBI PO & Clerk, IBPS PO & Clerk, IBPS RRB Officer Scale 1 & Assistants, CAPF, etc,.

On checking this page frequently, you can't miss any Current Affairs news of 31st May 2016. Go through all the current affairs news updated in this page and practice with Quiz right now to succeed in your competitive exam as well as interview.

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