Wednesday 29 January 2014

28 Jan Gk UpdAte

1. The Recording Academy announced the 56th Annual Grammy Awards at Staples Center in Los Angeles, California on 26 January 2014. This year the Grammy Awards weren't just about the music and they were also about making a statement in the same-sex marriage debate.

2. Uttar Pradesh government launched Samajwadi pension scheme on 28 January 2014. The scheme will benefit over 40 lakh families. Under the scheme pension from 500 rupees to 700 rupees will be given to beneficiaries.

3. Google purchased the British start-up DeepMind Technologies – an artificial intelligence company – on 27 January 2014. The American tech giant Google confirmed the deal in its London office. This deal represents Google’s biggest ever single acquisition in Europe.

4. India Post announced to install as many as 3000 Automated Teller Machine (ATM) and 1.35 lakh micro-ATMs by September 2015 on 27 January 2014. The facility will be available for savings account holders of post offices across the country.

Initially, three ATMs were to be installed in New Delhi, Chennai and Bangalore by 5 February 2014.

5. Union External Affairs Minister Salman Khurshid held a bilateral meeting with John Kerry, the US Secretary of State on 22 January 2014 on the sidelines of Geneva II meet on Syria in Montreux.

6. India Inclusive Innovation Fund (IIIF) was launched by the National Innovation Council (NIC) and the Union Ministry of Micro, Small and Medium Enterprises (MSME) on 27 January 2014. IIIF seeks to combine innovation and the dynamism of enterprise to solve the problems of citizens at the base of the economic pyramid in India.

7. India and Japan inked several pacts during the official visit of the Prime Minister of Japan to India from 25 to 27 January 2014. Shinzo Abe, the Prime Minister of Japan was the Chief Guest of India on the occasion of the Republic Day parade on 26 January 2014.

8. Lt Gen AK Singh, the Lieutenant Governor of Andaman and Nicobar Islands constituted a high level committeeon 27 January 2014. The Committee will be headed by the Commissioner-cum-Secretary of Shipping. The committee will review the safety standards of all tourist vessels that are being operated at different tourist spots of the island.

9. National Constituent Assembly of Tunisia passed the new Constitution on 26 January 2014. The Tunisian assembly passed the new Constitution with 200 votes in favour out of total 216 seats in the assembly.

Assembly speaker Mustapha Ben Jaafar, Tunisian President Moncef Marzouki and outgoing Prime Minister Ali Larayedh signed the document on 27 January 2014 in the assembly.

10. Union Government banned cosmetic companies from testing on animals. The notification prohibiting testing of cosmetics on animals was issued by the Union Ministry of Health and Family Welfare on 27 January 2014.

The rules prohibiting testing of cosmetics on animals will become effective within 45 days of it being made public. The ban implies that no cosmetic which has been tested on animals in the country will be allowed to be sold

11. The Empowered Group of Ministers (EGoM) on 27 January 2014 approved a Spectrum Usage Charge (SUC) of 5 percent of the annual gross revenue on all new airwaves acquired in auction. The telecom operators in existence till now have to pay the weighted average of their existing SUC and 5 percent if they acquire new spectrum. The decision of the EGoM would be sent to the cabinet for its final approval.

12. Civil Aviation Ministry decided to remove restrictions on flights of Airbus A-380 to India on 27 January 2014. Now, flights of A-380 to India will be allowed to airports which are equipped to handle them.

13. Google Inc and Samsung Electronics Co signed an agreement to cross-licence their global patents. This agreement was signed to reduce the risk of costly legal disputes over intellectual property on 26 January 2014. This agreement would also foster greater collaboration between the two technique giants.

14. Reserve Bank of India (RBI) raised the Repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 percent to 8 percent. Besides, it kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4 percent of net demand and time liability (NDTL). The decision to raise the repo rate and keep the CRR unchanged was announced by the RBI in its Third Quarter Monetary Policy Review on 28 January 2014.

15. The U.S. Food and Drug Administration (USFDA) banned the import of products from Ranbaxy’s Toansa plant in Punjab, India on 27 January 2014. 
The ban was imposed on account of safety and quality concerns. USFDA sighted eight lapses in maintaining standard for banning the import from Toansa plant. These among others include presence of flies in sample storage room, un-calibrated instruments in laboratory and non-adherence to sample analysis procedure.

16. Egypt's army chief Gen Fattah al-Sisi on 27 January 2014 was promoted to the rank of Field Marshal (the highest in the military). His promotion came amid speculation that the military strongman way readying for the Presidential bid. Fattah al-Sisi is the person who ousted the Islamist President, Mohammed Morsi.

17. India on 27 January 2014 won the basketball gold in the men’s section at the Lusofonia Games by defeating Angola 77-70 at the Shyam Prasad Mukherjee Indoor Stadium in Taleigao  in Goa.

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