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DAILY GK -- APRIL 2016 --- 1 TO 100

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1. India becomes fourth largest spender on defence
i. India has become the world’s fourth largest spender on defence, following a 13.1% increase in its 2016-17 defence budget, according to US research firm IHS Inc.

ii. India’s rise in the rankings from sixth position last year is a result of an increase in expenditure to $50.7 billion, combined with cuts to military spending by Russia and Saudi Arabia, where low oil prices have put considerable strain on their finances.
iii. According to IHS analysis, short-term pressures, caused by increases to military pay and the introduction of one rank, one pension (OROP) are the main reasons for the higher rate of growth in budget allocation to defence.
iv. As a result, spending on the acquisition of military equipment remained largely static in real terms and remains lower than its 2013-14 peak, despite an increase in the overall budget.
v. The Indian defence budget is expected to reach $64.8 billion by 2020 with procurement expenditure expected to grow faster than overall spending, according to IHS.

2. Japan to lend Rs.14,000 crore for Indian projects
i. The Government of Japan has committed a loan of JPY 242.2 billion (around Rs.14,251 crore) for various projects across India, including Jharkhand, Odisha, Madhya Pradesh and the North East. 

ii. The Official Development Assistance is to be deployed for a transmission system strengthening project in Madhya Pradesh, an integrated sanitation improvement project in Odisha, a dedicated freight corridor project, a road network connectivity improvement project in the North East, and a micro drip irrigation project in Jharkhand, according to a government release on Thursday.
iii. The Government of Japan has committed a total of JPY 390 billion in the current financial year which is the highest amount committed in a year.
iv. India and Japan have had mutually beneficial economic development cooperation since 1958. 
v. In the last few years, economic cooperation between India and Japan has strengthened and grown into a strategic partnership.

3. Vietnam's parliament elects first female speaker
i. Vietnam’s National Assembly (NA) elected Nguyen Thi Kim Ngan as the country’s first female house speaker. 

ii. Ngan has been elected and sworn in as the NA Chairperson with 472 votes out of 481 valid ballots at the ongoing 11th session of the 13th NA . 
iii. She was also elected as the Chairperson of the National Election Council with 467 votes out of 477 valid ballots. 
iv. Prior to the election, Ngan served as Vice Chairperson of the Natonal Assembly from July 2011.

4. 4th Nuclear Security Summit begins in Washington
i. The fourth edition of Nuclear Security Summit (NSS) began in Washington, United States to discuss a gamut of issues pertaining to nuclear security. 

ii. In this edition of summit, heads of about 53 countries and representatives of five international organisations including the UNO, International Atomic Energy Agency (IAEA), European Union (EU), Interpol  are taking part. 
iii. India is being represented by Prime Minister Narendra Modi in the two-day summit. The fourth summit is the last summit under the current format and also under the presidency of Barack Obama. 
iv. The summit will highlight achievements and commitments of several countries towards safeguarding nuclear devices and technologies and reducing the threat of nuclear terrorism. 
v. This edition of summit is expected to take stock of the measures being taken by all countries to safeguard nuclear materials and facilities and also prevent non-state actors gaining access to them. 

5. ICCR to set up first Indian Chair in Arab world at Cairo
i. An MoU in this regard was signed between India’s Ambassador toEgypt Sanjay Bhattacharyya on behalf of Indian Council for Cultural Relations (ICCR) and and Prof. Abdel Wahab Ezzat, Acting President of ASU.

ii. The Indian Council for Cultural Relations (ICCR) was founded in 1950 by Maulana Abul Kalam Azad, independent India’s first Education Minister. 
iii. Its objectives are to actively participate in the formulation and implementation of policies and programmes pertaining to India’s external cultural relations. 
iv. It is to foster and strengthen cultural relations and mutual understanding between India and other countries; to promote cultural exchanges with other countries and people; and to develop relations with nations.

6. Union Government launches Startup India portal and mobile app
i. The Union Government has launched the Startup India portal (http://startupindia.gov.in) and mobile application. 

ii. It was launched by the Department of Industrial Policy & Promotion (DIPP) Ramesh Abhishek in New Delhi as an integral component of the Action Plan of the Startup India. 
iii. The portal and mobile app provide up-to- date information issued by various Government ministries/ departments. 
iv. They will also provide information regarding incubators and funding agencies recognized for the purpose of recommending Startups. v. Startup India Hub was established within Invest India, will be a single point of contact for the entire Startup ecosystem. It would enable exchange of knowledge and will work in a hub and spoke model with Governments, Angel Funds, VCs, Incubators, Mentors, etc. 

7. Russia approved OVL deal to acquire 15% stake in Vankor oilfield for $1.3 billion
i. Russia has approved a deal of ONGC Videsh Ltd (OVL) to acquire 15% stake in Vankor oilfield from Rosneft, The deal size of 1.3 billion US dollars’was signed between the OVL and Rosneft in September 2015.

ii. The new deal enables OVL’s stake in Vankor will raise to 26% from 15% and will give it about 3.5 million metric tonnes of oil a year Consequently.
iii. Rosneft will retain the remaining 50.1 per cent and also retain full control of infrastructure of the Vankor cluster.
iv. ONGC Vankor is Russia’s second biggest oil field with capacity of total 500 million tonnes recoverable reserves barrels.
v. It currently has 14 projects across 16 countries. ONGC is India’s largest oil and gas exploration and production company.

8. UltraTech buys Jaypee cement units for Rs 15,900 cr
i. UltraTech Cement, a part of the Aditya Birla group, agreed to buy Jaiprakash Associates' 21.2 million tonnes per annum (mtpa) cement capacity for Rs 15,900 crore on Thursday.

ii. While the deal will take UltraTech's cement capacity to over 91 mtpa from the present 68 mtpa, it will help Jaypee group reduce its debt.
iii. As against the earlier estimate of Rs 16,500 crore, the deal size reduced by about 3.5 per cent or Rs 600 crore, as the transaction excludes the 1.2-million tonne plant in Karnataka.
iv. The transaction will help debt-heavy Jaiprakash Associates to reduce its debt, which touched an alarmingly high of Rs 60,000 crore. 
v. The lenders, led by ICICI Bank, had asked the company to sell assets so that it could repay its loans.

9. Flipkart acquires mobile payments firm PhonePe
i. India’s largest e-commerce company Flipkart has acquired PhonePe, a Bengaluru-based mobile payments company, which was co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari. 

ii. The financial details of the acquisition were not divulged.
iii. PhonePe is building India’s a Unified Payments Interface (UPI) based product, which is, planned to go live in April. 
iv. The interface will allow users to transact using their unique identification and mobile phone number or virtual payments address without sharing any other bank details.
v. The PhonePe team will transition to Flipkart but will function as an independent business unit, the company said in a statement.

10. Ficci, AIBC sign MoU to strengthen business ties
i. In a bid further strengthen and promote business ties with Australia, FICCI on Friday announced inking an MoU with Australia India Business Council (AIBC).

ii. The agreement was signed in the presence of the visiting Finance Minister Arun Jaitley during the 'Invest in India Round Table Conference' here.
iii. According to National Chairman of AIBC Dipen Rughani: "The signing of the MoU is a great milestone in the bilateral relations between the two organisations and will certainly have a positive impact and add tremendous value to the business relations between the two countries."
iv. The agreement reinvigorates the ongoing relationship between the two organisations to further promote, facilitate and grow the trade and investment relationship between Australia and India.
v. The MoU also solidifies the partnership for the upcoming "Engaging with India" conference being held on 16 and 17 May, for which AFR is also a partner, AIBC said.

11. Telangana government launches M Wallet mobile App
i. State Road Transport Authority’s  brand-new mobile app, M-Wallet, was launched by IT minister KT Rama Rao and transport minister P.Mahender Reddy. 

ii. Telangana State Transport Authority’s launched brand-new mobile app named M-Wallet, which is first of its kind in India.
iii. The initiative is going to benefit 60 lakh driving licence holders, 80 lakh vehicle The App was launched by IT minister KT Rama Rao and transport minister P.Mahender Reddy. 
iv. It will help motorists to avoid physically carrying documents like driving licence, registration certification and other vehicle related documents, since digital certificates can be uploaded through the App.

12. Haryana fixes edu qualification for Urban Bodies' polls
i. Haryana Assembly passed two Bills mandating minimum educational qualification for contesting urban local bodies polls in the state. 

ii. The minimum educational qualification for a general male candidate will be Class X, while that for women and those belonging to SC category would be Class VIII. 
iii. Haryana had earlier fixed similar qualification for gram panchayat elections as well. 
iv. Under the new rules of Lokpal Act, all central government employees have been asked to declare details of assets and liabilities including those of their spouses and children by April 15. 
v. The employees also have to furnish details of deposits made in foreign banks. According to a new directive by Kerala's Transport and Road Safety Commissioner.

13. Mumbai to get international arbitration centre by August
i. Mumbai Financial capital of India is likely to get the International Arbitration Centre. 

ii. This will be the India’s first arbitration centre for dealing the financial disputes. 
iii. The financial disputes of India were dealt in the Singapore Arbitration centre, now with the establishment of the International arbitration centre in Mumbai.
iv. It will be a boon to the Indian companies Out of the 259 cases registered at Singapore arbitration centre in 2013, 85 were from Indian companie Most of the arbitration cases from India are over dispute between private equity firms and investee companies, and in some instances, the dispute is between family members.

14. Rajiv Gauba takes over as Secretary of Urban Development Ministry
i. Rajiv Gauba took over as Secretary to the Government of India in the Ministry of Urban Development. 

ii. Gauba has wide-ranging experience in senior positions at policy making and programme implementation in the Central and State iii. Governments and in international organisations. Hailing from Punjab, the 1959 born Gauba is a physics graduate from Patna University.  
iv. He was Chief Secretary, Jharkhand for 15 months before joining the central government today.
v. Gauba also served in the International Monetary Fund representing the Country for four years on the Board of IMF. He was Collector and District Magistrate for 7 years in the districts of Gaya, Nalanda and Muzaffarpur.

15. Renowned Iraqi-British Architect Zaha Hadid passes away
i. Renowned Iraqi-born British architect Zaha Hadid passed away due to heart attack. She was 65. 
ii. She was world’s most famous female architect and was known for her neofuturistic design which was her signature architectural style. 
iii. She was the first female winner of the top Pritzker Architecture Prize (2004), also known as the Nobel for architecture. 
iv. Zaha Hadid Born on 31st October 1950 in Baghdad, Iraq. Hadid first had studied mathematics at the American University in Lebanon and later pursued architecture at the Architectural Association in London in 1972. She had designed the London Aquatics Centre, which was used during the 2012 London Olympics. 
v. She has won many awards like- Pritzker Prize (2004), Royal Gold Medal in architecture (2016) by the Royal Institute of British Architects. Twice won the RIBA Stirling Prize, Britain’s most prestigious architecture award in 2010 and 2011. Queen Elizabeth II had honoured her with a damehood (knighthood) in 2012.

16. 2nd April : World Autism Awareness Day
i. World Autism Awareness Day is an internationally recognized day on the 2nd of April every year. 

ii. This year the theme is "Autism and the 2030 Agenda: Inclusion and Neurodiversity". 
iii. This is the 8th annual World Autism Awareness day encouraging by the Member of the United Nations to take measures to raise awareness about children with autism throughout the world.
iv. In September 2015, the UN General Assembly adopted the ambitious new 2030 Agenda for Sustainable Development, which includes 17 Sustainable Development Goals (SDGs) and 169 targets that promise to leave no one behind. While all SDGs are universally applicable, disability and persons with disabilities are explicitly referenced in the following goals: Quality Education, Decent Work and Economic Growth, Reduced Inequalities, Sustainable Cities and Communities and Partnerships for the Goals.
v. This year’s observance will look ahead to 2030 and reflect on the new SDGs and their implications for improving the lives of people with autism.

17. MoU Signed To Promote Research With IMPRINT Programme
i. A Memorandum of Understanding (MoU) was signed by 25 Union Ministries of the Government of India under the IMPRINT programme of the Union Government to promote research in premiere technical institutions on March 31, 2016.

ii. The MoU signed included the Union Ministry of HRD, Union Ministry of Finance, Union Ministry of Rural development, Union Ministry of Power, Coal, New and Renewable energy, Union ministry of communication and IT. 
iii. The Union Human Resource and Development Minister presided over the function to sign the MoU. 
iv. The Minister announced that there was no sustainability in the technology related work as it was totally dependent on the funds released by Ministry of HRD.

18. ISRO Sign An MoU With The Airport Authority Of India
i. Indian Space Research Organization (ISRO), the department of space sign an MoU with the Airports Authority of India (AAI) to provide scientific parameters for construction of airports. 

ii. As per this MoU, DoS will provide data on the landscape around the airports. 
iii. Apart from this DoS will also sign an MoU with postal department to provide space technology helpful in tracking the parcel movements.
iv. The Department of Science (DoS) has already signed an MoU with Ministry of Urban Development where the space technology will be used in projects like smart cities and housing. 
v. The MoU signed with Ministry of Railways will help in construction of railway tracks and managing the railway crossings. Space technology will also be helpful in agriculture sector in the areas of crop damage assessment, soil health, blue revolution and irrigation etc.

19. India expects $500M AIIB loan for solar power projects in 2016
i. India is hopeful of receiving the first loan issued by the newly formed Asian Infrastructure Investment Bank (AIIB) in the second half of the year. 

ii. The country is looking for funds on lower interest rates for its ambitious solar power project that intends to scale the capacity to 100 gigawatts by 2022.
iii. The loan amount is expected to be approximately $500 million. 
iv. The AIIB, headquartered in Beijing, without specifically commenting on Indian loan, reiterated its president Jin Liqun statement that the lender bank was developing a project pipeline in a number of countries.
v. India needs $100 billion for its ambitious solar power projects over next six to seven years. The country hopes to increase its solar power capacity 100 gigawatts, roughly 17 times higher than the existing 5,800 megawatts capacity. 

20. US, Saudi Arabia impose joint sanction on fundraising for terrorists
i. The US and Saudi Arabia on imposed sanctions jointly on four individuals and two organisations, aiming to disrupt terrorism fundraising operations in South Asia and the Middle East.

ii. The joint action targeted James Alexander McLintock and his Pakistan-based Al-Rahmah Welfare Organisation, Abdul Aziz Nuristani and his Pakistan-based Jamia Asariya Madrassa.
iii. The Treasury said these organisations and individuals provide money for Al Qaeda, the Taliban, Lashkar-e-Tayyiba and other Afghan extremist groups, and the sanctioned have ties across Afghanistan, Pakistan, and Saudi Arabia.
iv. It also said that McLintock and his organisation have provided funding to extremists under the false guise of helping orphans.
v. The sanctions freezes any property they have within US jurisdiction and bans Americans from doing business with them.

21. Nifty Launches New Index For Mid And Small Cap Stocks
i. The National Stock Exchange (NSE) has launched a new index Nifty MidSmallcap 400. 

ii. It will represent the mid and small market capitalization segments of the stock market. 
iii. The new index will comprise of 400 companies which are the constituents of Nifty Midcap 150 and Nifty Smallcap 250 indices.
iv. Mukesh Agarwal, CEO of IISL said that initially IISL will publish value of the Nifty MidSmallcap 400 at end of the day and subsequently disseminate online along with existing indices. 
v. The new index will be added to the exchange’s family of broad market indices.

22. Maharashtra first state to link colleges to national cancer grid
i. In a major step towards improvement of infrastructure for cancer cure, Maharashtra tied up with the Tata Trusts to link all government colleges and medical colleges to the national cancer grid for uniform cancer profiling and quality treatment. 

ii. Chief Minister Devendra Fadnavis and Tata Trusts chairman Ratan Tata signed a memorandum of understanding (MoU) for this collaboration at Vidhan Bhavan in Mumbai.
iii. As per the CM the target was to have 50,000 bone marrow donors in the next three years. Ratan Tata was present in the VIP gallery when Fadnavis made a statement on the MoUs in the House. 
iv. The chief minister said a total of 9 MoUs were inked between the government and Tata Trusts. 
v. The Tata Trusts has agreed to help the government in setting up a Strategic Healthcare Advisory Unit aimed to improve overall healthcare in the state. It will also involve setting up of a hospital information system and a drug supply corporation.

23. Mehbooba Mufti to be sworn in as first woman CM of Jammu & Kashmir on April 4
i. PDP President Mehbooba Mufti will be sworn in as the first woman Chief Minister of Jammu and Kashmir on April 4.

ii. PDP and its alliance partner BJP said they have also conveyed the mutually agreed date for the swearing-in ceremony to state Governor N N Vohra. 
iii. The date for the oath ceremony of the new cabinet was decided after deliberations between the leadership of both the parties.
iv. After the death of her father, who headed PDP-BJP coalition government for 10 months from March 1, last year until his death on January 7, this year, Mehbooba had been reluctant to take over as CM of the PDP-BJP coalition government.

24. Banks adopt new rate formula
i. Consumer loans became cheaper with banks moving to a new way of setting lending rates following RBI’s diktat to ensure faster and effective transmission of its policy rate cuts to borrowers.

ii. A number of banks, including ICICI, Bank of India, IDBI today joined their peers like SBI, HDFC Bank and Axis Bank to make a shift to lending rates based on marginal cost of funds.
iii. Other banks that have adopted new methodology for calculating lending rates include Kotak Mahindra Bank, Yes Bank and Oriental Bank of Commerce.
iv. Banking major SBI, HDFC Bank, Axis Bank, among others would move to new methodology for setting lending rates from April 1.
v. RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1. The lending rate based on marginal cost of funds is lower than base rate in some cases resulting in lower EMIs for borrowers. Most of the banks were deciding lending rates based on their average cost of funds.

25. Pranab signs ordinance on Uttarakhand expenditure
i. President Pranab Mukherjee has promulgated the Uttarakhand Appropriation (Vote on Account) Ordinance, 2016 which authorizes expenditure in the hill state that has come under direct federal rule because of a political crisis.

ii. The ordinance allows for the withdrawal of about Rs.13,642.43 cr. to meet the state’s expenditure during the ongoing fiscal year. iii. The decision to issue the ordinance was taken at a Union cabinet meeting, which in the absence of Prime Minister Narendra Modi, who is on a foreign trip, was chaired by home minister Rajnath Singh.
iv. During elections and till a new government takes over, the caretaker government needs funds for various routine items of expenditure — like staff salaries — without which there would be a financial crisis. 
v. According to the Constitution, the government cannot spend any money without Parliament's approval.

26. Pakistan Sikh body elects caretaker president
i. Pakistan’s Sikh religious body elected a caretaker president after its first chief Sham Singh died.

ii. Tara Singh was elected the caretaker “pardhan” at a meeting of the Pakistan Sikh Gurdwara Parbandhak Committee. 
iii. Tara Singh, who is in his 40s, is the youngest member of the 10-member PSGPC. 
iv. All other nine-members of the committee unanimously elected Tara Singh, a graduate from Sindh province who has business interests in cotton trading. 
v. The meeting was called to elect the successor of Sham Singh, who died of brain hemorrhage. Sham Singh was elected the first president of the PSGPC after it was established by Pakistan government in 1998.

27. Kallol Roy Appointed As The New CMD Of Bhartiya Nabhikiya Vidyut Nigam
i. Bhartiya Nabhikiya Vidyut Nigam Ltd (BHAVINI) has appointed the Kallol Roy as its new chairman and managing director (CMD). 

ii. Mr. Roy is an expert in nuclear reactor. He has assumed the position under the superannuation of P Chellapandi. 
iii. According to the official statement Mr. Roy is the specialist in the field of total maintenance management of reactors. Prior to this appointment, Mr. Roy was heading the research reactor maintenance division, reactor group at Bhabha Atomic Research Centre, Mumbai.
iv. Currently, BHAVINI is building 500 Mw prototype fast breeder reactor (PFBR) at Kalpakkam near Chennai. 
v. BHAVINI is a wholly owned by the Union Government and is responsible for the construction, commissioning and operation of all Stage II fast breeder reactors envisaged as part of the country’s three stage nuclear power programme. BHAVINI is administered by the Department of Atomic Energy (DAE).

28. Ranveer Singh to be Feted as 'Maharashtrian of The Year'
i. Bollywood star Ranveer Singh, who brought alive the role of Maratha warrior Peshwa Bajirao II on the silver screen through Sanjay Leela Bhansali’s “Bajirao Mastani”, will on Friday be feted with the ‘Maharashtrian Of The Year’

ii. The 'Lokmat Maharashtrian of The Year' award recognises and honours the individuals that have risen above the rest, who have positively impacted the state and have put Brand Maharashtra on the Indian and global radar. 
iii. The jury members to choose the awardee for this year included former Union Home Minister Sushil Kumar Shinde, Former Union Minister Praful Patel, eminent lawyer Ujjwal Nikam, social activist Medha Patkar, businessman Harsh Goenka, veteran journalist Ayaz Memon, filmmaker Madhur Bhandarkar and others.

29. Those earning Rs 50 lakh a year must declare assets
i. The government has issued a new set of income tax return (ITR) forms that require people with an income of Rs 50 lakh and above per annum to disclose their assets.

ii. The new forms are for assessment year 2016-17.
iii. The finance ministry published a gazette order in this regard and taxpayers can file their their ITRs till the stipulated deadline of July 31.
iv. The income tax (I-T) department has introduced fresh reporting columns in the new forms (ITR-2 and 2A) called ‘Asset and liability at the end of the year’, which is applicable in cases where the total income exceeds Rs 50 lakh.
v. Individuals and entities in this income bracket will have to mention the total cost of such assets.
Immovable assets like land and buildings have to be declared as also movable assets like cash in hand, jewellery, bullion, vehicles, etc. 

30. Australia pacer Clint McKay announces retirement from international cricket
i. Australian pacer Clint McKay has announced his retirement from international cricket after his first-class team Victoria Bushrangers won the Sheffield Shield tournament. 
ii. He is expected to continue playing for Sydney Thunder in the lucrative Big Bash League (BBL) and for Leicestershire in the County Championship. 
iii. McKay, who played in 59 one-day internationals, 6 T20 internationals and a Test for Australia, dismissed Sachin Tendulkar on his ODI debut back in November 2009 in Hyderabad.

31. Haryana Assembly passes bills for mandatory educational criteria for urban local bodies elections 
i. The Haryana Legislative Assembly has unanimously passed two bills to make minimum educational qualification criteria mandatory for the urban local bodies election (ULBs).
ii. These bills are (i) The Haryana Municipal (Amendment) Bill, 2016 (ii) Haryana Municipal Corporation (Amendment) Bill, 2016. 
iii. These bill seeks to amend the amend Section 13 A of the Haryana Municipal Act, 1973 and Section 8 of the Haryana Municipal Corporation Act, 1994 respectively. 

Key features of the Haryana Municipal (Amendment) Bill, 2016 
  • Minimum educational qualification for a candidate contesting ULBs election in the general category would be Class X i.e. matriculation. 
  • Female candidate from open category and a male candidate from Scheduled Caste (SC) will be required to be at least 8th standard pass. 
  • Minimum educational qualification for SC women candidates will be 5th standard pass. 
  • Candidate should not be convicted or have charges framed against him in a criminal case by a court for an offence punishable with imprisonment for not less than 10 years. 
  • There should be no pending arrears of electricity bills against the candidate contesting the elections to ULBs. Candidates must have a functional toilet at their residence.

32. Union Government releases Indian Intellectual Property Panorama 
i. Union Government has released Indian Intellectual Property (IP) Panorama to increase awareness and build sensitivity towards IP in the SME sector, academia and researchers.
ii. The IP Panorma is a single window interface for information on IP and guidance on leveraging it for competitive advantage. It can be accessed at http://ict-ipr.in/index.php/ip-panorama. 

Key facts 
  • The Indian IP Panorama is a customized version of IP Panorama Multimedia toolkit developed by World Intellectual Property Organization (WIPO), Korean Intellectual Property Office (KIPO) and Korea Invention Promotion Association (KIPA). 
  • The toolkit has been adapted to cater to start-ups and SMEs especially India’s ICTE sector based on an agreement signed between DeitY and WIPO. 
  • Thus, the Indian IP Panorama is a customized version of WIPO’s original product has been framed in accordance with Indian IP laws, standards and needs of the Indian ICTE sector. 
  • 5 modules of the Indian IP Panorama: (i) Importance of IP for SMEs, (ii) Trademark, (iii) Industrial design, (iv) Invention and Patent and (v) Patent Information. 
  • Developed under the aegis of: Department of Electronics and Information Technology (DeitY), Department of Industrial Policy and Promotion (DIPP), Centre for Development of Advanced Computing (C-DAC) in close coordination with the Indian IP office. 

World Intellectual Property Organisation (WIPO): It is the global body for promotion and protection of intellectual property rights (IPR), headquartered in Geneva, Switzerland. It encourages and provides assistance to all its 188 member countries in formulating a national IPR policy however it does not dictate or prescribe any mandatory measures. India is a member of WIPO and party to several treaties administered by WIPO. 

33. Union Government imposes safeguard duty on import of steel products 
i. The Union Finance Minister has extended the safeguard duty on import of some steel products by two years i.e till March 2018. 
ii. In this regard, the Central Board of Excise and Customs (CBEC) has issued a notification mentioning that safeguard duty will be reduced to 10% in stages till 2008 from current 20%. 
iii. The safeguard duty will be imposed on steel products hot-rolled flat products of non-alloy and other alloy steel in coils of 600 mm width. 
iv. The duty will be on the products which are imported at or above the minimum import price (MIP), which helps to set a floor price mainly to discourage imports below this price. 
v. The main intention of this move is to protect domestic industry from onslaught of cheap steel supplies (imports) from China amid a global glut. 

What is Safeguard Duty? 
  • The safeguard duty is tariff barrier imposed by government on the commodities to ensure that imports in excessive quantities do not harm the domestic industry. 
  • It is mainly temporary measure undertaken by government in defence of the domestic industry which is harmed or has potential threat getting hared due to sudden cheap surge in imports.

34. Renowned journalist Babu Bharadwaj passes away 
i. Veteran journalist and writer Babu Bharadwaj passed away due to cardiac arrest in Kozhikode, Kerala. He was 68. 
ii. As a journalist, he was part of prominent print and television media in Kerala. 

About Babu Bharadwaj 
  • Born in Kozhikode in 1948 at Chemmenchery. He had studied at Poyilkavu High School, and later at Malabar Christian College and the Thrissur Engineering College. 
  • As a writer he had written many novels and stories. His famous works include Pravasiyude Kurippukal, Shavaghoshayathra, Pravasiyude Vazhiyambalangal, Puppet Theatre (short story collection) and Adrushya Nagarangal. 
  • He also had produced a Malayalam movie named Iniyum Marichittillatha Nammal (1980) directed by Chintha Ravi. 
  • Awards and Honours: He had won Kerala Sahitya Akademi award (2006) for his novel Kalapangalkkoru Grihapadam.

35. Flipkart acquires mobile payments firm PhonePe 
i. India’s homegrown e-commerce giant Flipkart has acquired a Bengaluru-based mobile payments company PhonePe for an undisclosed sum. 
ii. PhonePe has been co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari. After the acquisition, the mobile payments company will function as an independent business unit. 

Key facts 
  • PhonePe is building India’s a Unified Payments Interface (UPI) based product. It is expected to be launched in April 2016. 
  • The interface this mobile payments gateway will allow users to transact using their unique identification and mobile phone number or virtual payments address. 
  • This will be without sharing any other bank details and anyone with a bank account can perform instant transactions by using mobile phone. 
  • This payment gateway is in contrast to the present payments process, which involves entering numerous account/card details and multi-level interventions.

36. Germany’s Development Bank KfW to provide loan assistance to metro system for Nagpur 
i. Germany’s Development Bank KfW will provide loan assistance of 3750 crore rupees for the modern and sustainable metro system for Nagpur city. 
ii. In this regard, a loan agreement was signed by Joint Secretary in Department of Economic Affairs S Selvaraj and Director General of KfW Roland Siller in New Delhi. 
iii. The loan period is 20 years with a moratorium of 5 years and disbursal will be based on the progress of the project over three years. 
iv. With this Nagpur metro project becomes first metro to be financed under the Indo-German partnership for clean, socially inclusive and climate friendly mobility for people in cities. 
v. The project is being executed by Nagpur Metro Rail Corporation Limited and its total costing is of 8,680 crore rupees.

37. 4th Nuclear Security Summit begins in Washington 
i. The fourth edition of Nuclear Security Summit (NSS) began in Washington, United States to discuss a gamut of issues pertaining to nuclear security.
ii. In this edition of summit, heads of about 53 countries and representatives of five international organisations including the UNO, International Atomic Energy Agency (IAEA), European Union (EU), Interpol  are taking part. 
iii. India is being represented by Prime Minister Narendra Modi in the two-day summit. The fourth summit is the last summit under the current format and also under the presidency of Barack Obama. 

Key facts 
  • The summit will highlight achievements and commitments of several countries towards safeguarding nuclear devices and technologies and reducing the threat of nuclear terrorism. 
  • This edition of summit is expected to take stock of the measures being taken by all countries to safeguard nuclear materials and facilities and also prevent non-state actors gaining access to them. 
  • It is also a crucial element of the US strategy to keep terrorists from acquiring fissile material to make nuclear weapons. 
  • The prime focus of the summit will be on North Korea and the terrorist organisation ISIS (Islamic State of Iraq and Syria). 

  • The idea of Nuclear Security Summit (NSS) was mooted by the US President Barack Obama in 2009 and the first summit was held in 2010 in Washington. 
  • It is a signature event of global diplomacy in Obama’s presidency that aimed at preventing nuclear terrorism around the globe. 
  • India has been contributing its bit to strengthen nuclear security by taking an active part in the summit ever since its inception in 2010. 
  • The second, third summits were held in Seoul (South Korea) and The Hague (Netherlands) in 2010, 2012 and 2014 respectively.
38. Shiva Thapa wins Silver medal at Asian/Oceania Qualifying event in China 
i. Ace Indian boxer Shiva Thapa has won the silver medal at the Asian/Oceania Qualifying Tournament held in Qian’an, China in the 56 Kilogram category final.
ii. In the final match, he lost to Thailand’s Chatchai Butdee by 0-3 score who won the gold medal.
iii. By entering in the final match of this event, he had booked his ticket to 2015 Rio de Janeiro Olympics Games after beating Kazakhstan’s Kairat Yeraliyev in the semifinals.
iv. Shiva is a World Championship bronze-medallist in the Bantamweight category held in Doha in 2015. He also had participated in the 2012 London Olympics and was the youngest Indian boxer to qualify for the Olympics.

39. India Ranked 6th In Top 10 Largest Manufacturers List : UN Report
i. According to a United Nations Industrial Development Organisation (UNIDO) report, India ranked sixth among the world's top 10 manufacturing countries. Previously, India held the ninth position.

ii. The Yearbook, published by the United Nations Industrial Development Organization (UNIDO), found that in India, the Manufacturing Value Added (MVA) grew by 7.6% in 2015 compared to the previous year.
iii. It also said that the quarterly index of industrial production (IIP) shows 1% growth of manufacturing output in the fourth quarter of 2015 compared to the same period of the previous year.
iv. China topped the list as the world's top manufacturing country. The U.S., Japan, Germany and Korea followed China. Indonesia positioned 10th on the list. 
v. The world's global growth rate of manufacturing production had reduced to 2.8 percent last year. As per PTI, this slowdown could be due to reduced manufacturing growth rates recorded by major developing and emerging economies. 

40. PM Narendra Modi Conferred Saudi Arabia’s Highest Civilian Honour
i. Prime Minister Narendra Modi was conferred Saudi Arabia’s highest civilian honour- the king Abdulaziz Sash. 

ii. The Prime Minister was conferred the prestigious award by King Salman bin Abdulaziz at the Royal Court. The award is named after Abdulaziz Al Saud, the founder of the modern Saudi state.
iii. The award is bestowed upon citizens of Saudi Arabia and foreigners for meritorious service to the Saudi Kingdom. King himself makes awards to foreigners. 
iv. Mr. Modi has been conferred with the honour where he held extensive talks on a range of bilateral, regional and international issues. 
v. World leaders who have received the honour include Japanese Prime Minister Shinzo Abe, British Prime Minister David Cameron, US President Barack Obama, Russian President Vladimir Putin, Egyptian President Abdel Fattah el-Sisi and Indonesian President Joko Widodo.

41. "Vidyut Pravah" App Launched By Piyush Goyal
i. The mobile application 'Vidyut Pravah' has been launched by Mr. Piyush Goyal, the minister of state (Independent Charge) for Power, coal, new and renewable energy, to empower Common People to Demand 24x7 Power from The States. 

ii. The Web application can be accessed through vidyutpravah.in. and the mobile version will be freely available for download from the Playstore for both Android and iPhones.
iii. For adopting name of mobile application, Ministry of Power held a competition on https://mygov.in/. 
iv. More than 1600 entries were received, out of which the best caption is selected as name of the application. Shri Piyush Goyal felicitated Ms. Ritu Bhatnagar from Bangalore for winning the competition and providing “Vidyut PRAVAH” name to the application.
v. The mobile application will provide the highlights of the electricity availability in the country on the real time basis. The Application will provides a wealth of information pertaining to the current demand met, shortages if any, surplus power available and the prices in the Power Exchange.

42. Green Delhi Initiative Phase 1 Has Launched By Arvind Kejriwal
i. Delhi Chief Minister Arvind Kejriwal has launched the first phase of the Green Delhi initiative by planting trees at the Triangular Park near ITO Chowk. 

ii. The initiative was launched in reference to action plan submitted by the Aam Aadmi Party (AAP) government to the Supreme Court after it demanded information on steps being taken to improve air quality and reduce air pollution in the Capital.
iii. The CM, who had decided that roads under the PWD would be vacuum cleaned in a phased manner beginning April 1, announced that the central verges of the 1,260 kms of road maintained by the PWD will be bedded with grass and greenery in order to clean up the environment and make it dust free. 
iv. The Public Works Department (PWD) also said that the greening will be completed within three months at an estimated cost of Rs. 2 crores.
v. The exercise will involve the greening of around 120 acres which includes central verges, side verges and the kutcha portion under flyovers. Only treated water, being made available by the Delhi Jal Board (DJB), will be utilised as part of the initiative.

43. IIT Madras and IIM Bangalore top the list of best Indian universities
i. IIT Madras and IIM Bangalore have topped the list of top educational institutes unveiled by the Ministry of Human Resource and Development.

ii. The HRD ministry released first-of-its-kind National Institutional Ranking Framework (NIRF).
iii. According to the list, IIT Madras is the top engineering college followed by IIT Mumbai and IIT Kharagpur. IIM Bangalore is the top management college followed by IIM Ahmedabad at rank no. 2 and IIM Calcutta at rank no. 3.
iv. The Indian Institute of Science Bangalore is the best university in India.
v. Manipal College of Pharmaceutical Sciences is the top pharmacy institute in the country. All 122 centrally-funded institutions participated in the first round of ranking. The NIRF is divided into two categories. Category A – Institutions with academic autonomy with focus on research, Category B – Colleges and centres associated with a university with a focus on teaching. Union Human Resource Development Minister Smriti Irani released the list at Vigyan Bhawan.

44. World’s largest oil firm Aramco to invest in India
i. India and Saudi Arabia have vowed to substantially boost investments and their trade ties as Prime Minister Narendra Modi invited cash-rich Saudi firms to invest in infrastructure and form joint ventures for oil exploration. 

ii. Saudi Oil giant Aramco, the world’s largest oil firm with crude reserves of about 265 billion barrels, plans to make major investment in India’s petroleum sector as it considers India the most preferred destination to invest at a time when the global economy is in a crisis.
iii. Modi invited Saudi firms such as Aramco and SABIC to invest in the India’s infrastructure sector. India is 79% dependent on imports to meet its oil needs and Saudi Arabia is its largest supplier.
iv. The two sides also agreed to focus on areas of training and human resources development and cooperation in research and development in the energy sector.
v. Both leaders also welcomed the signing of the framework agreement between the General Investment Authority in Saudi Arabia and Invest India aimed at facilitating investments by the private sectors in the two countries.

45. Germany To Give € 500 m Loan To Nagpur Metro
i. Germany's Development Bank KfW will provide a loan assistance of €500 m (Rs. 3,750 crore) for metro system in Nagpur city. 

ii. The loan period is 20 years with a moratorium of five years and disbursal will be based on the progress of the project over three years.
iii. In this regard, a loan agreement was signed by Joint Secretary in Department of Economic Affairs S Selvaraj and Director General of KfW Roland Siller in New Delhi. 
iv. With this Nagpur metro project becomes first metro to be financed under the Indo-German partnership for clean, socially inclusive and climate friendly mobility for people in cities. 
v. Physical works commenced in May, 2015 and the whole Metro would be operational by March, 2019

46. Blackstone To Acquire HP's 60% Stake In Mphasis
i. Blackstone Group has announced that it is buying Hewlett Packard Enterprise Co.’s majority stake in Indian outsourcing firm Mphasis Ltd. 

ii. This deal represents the largest acquisition by Blackstone in India. Based on the open offer subscription, the purchase price consideration will vary between Rs 5,466 crore and Rs 7,071 crore (or approximately $825 million - $1.1 billion).
iii. HPE also signed a master services agreement (MSA) with Mphasis, committing business of $990 million over a period of five years. The duration of the MSA is five years with three automatic renewals of two years each.
iv. Mphasis will also be included in HPE’s Preferred Provider Program, opening up significant additional revenue opportunities. HPE currently owns 60.5% of Mphasis. 
v. Blackstone will pay a purchase price of Rs 430 per share to HPE.

47. Vedanta sets Guinness World Record for mass plantation
i. Mining conglomerate Vedanta said its subsidiary Talwandi Sabo Power (TSPL) has set the Guinness World Record for planting 2,08,751 saplings at a single location in less than an hour. 

ii. Guinness World Records acknowledged this achievement by TSPL on December 17, 2015, by presenting a certificate. The mass plantation drive was organised in Mansa (Punjab) on October 30, 2015.
iii. TSPL has set the benchmark for environmental compliance by developing 222 acres of green cover (as of March 2015) around the periphery of the plant and installing Zero Discharge Unit, Sewage Treatment Plant and High Concentration Slurry Disposal (HCSD) system.
iv. Sustainable development and community empowerment are the two core elements that guide the CSR strategy of Vedanta Limited. 
v. The company undertakes high impact initiatives to ensure the health and safety of the workers and makes valuable contributions to communities and regions across the country; with environmental footprint gaining a special position among its host of activities.

48. Renowned Actor Larry Drake Has Passed Away
i. The famous American actor, voice artist and comedian Mr. Larry Drake has passed away due to cancer. He was 66 year old. 

ii. The actor was best known for his role Benny Stulwicz in L.A. Law and the voice of Pops in Johnny Bravo.
iii. He was born in Tulsa, Oklahoma. He graduated from Tulsa Edison High School and the University of Oklahoma. The actor died last month after losing his battle with a string of health issues and now his official cause of death has been revealed. Drake's body was found in his Hollywood apartment by a friend.
iv. He appeared in numerous film and television roles, including Time Quest, Dark Asylum, Paranoid, Bean, Overnight Delivery, The Beast, The Journey of August King, Murder in New Hampshire, Dr. Giggles, Darkman II, American Pie 2. 
v. The actor has won Prime time Emmy Award for Outstanding Supporting Actor in a Drama Series. 

49. ICC T 20 Cricket World Cup 2016 Won By West Indies
i. The ICC Cricket World Men’s T-20 Cup 2016 has won by West Indies team by defeating England by 4 wickets. 

ii. The final of ICC T 20 Cricket World Cup 2016 was played at Eden Gardens in Kolkata. This was the 6th edition of the ICC World Twenty20. It was held in India from 8 March to 3 April 2016 and was the first edition to be hosted by the country.
iii. There were sixteen participating teams, ten qualifying automatically through their status as full members of the International Cricket Council (ICC), and another six qualifying through the 2015 World Twenty20 Qualifier.
iv. In the final, England had scored 155 runs for 9 wickets. West Indies successfully chased the target by scoring 161 runs in 19.4 over at the loss of 4 wickets. 
v. With this win, West Indies became the only team to win the ICC World Twenty20 title twice. Earlier it had won its first title in 2012 by defeating Sri Lanka. Awards Player of the match: Marlon Samuels (West Indies). Indian batsman Virat Kohli was named the player of the tournament, while Bangladesh's Tamim Iqbal and Afghanistan's Mohammad Nabi led the tournament in runs and wickets, respectively.

50. Miami Open Title 2016 Won By Novak Djokovic
i. World No.1 tennis player Novak Djokovic from Serbia has won the 2016 Miami Open Title in the men’s singles category. In the final he defeated Kei Nishikori (Japan) by 6-3, 6-3 score. 
ii. The match played on outdoor hard courts at the Tennis Centre at Crandon Park Florida, US. 
iii. It was his third consecutive and overall sixth ATP Miami Open title. With this winning he equals Andre Agassi’s Miami record total. It was also his record 28th career ATP Masters title. Nadal previously held the record with 27 titles with Roger Federer in third place with 24 titles to his credit.
iv. The 28 year old player has won this title in just 34 minutes and took 85 minutes to join the American Andre Agassi as a six-times Miami Open winner, for his 63rd career title. 
v. He claimed $1,028,300, becoming the sport’s all-time leading money-winner. 

51. 5th April : National Maritime Day
i. As we all know that 5th April is marked as the National Maritime Day of India to commemorate the sailing of India’s first steamship Loyalty on April 5th 1919 from Mumbai to London. 

ii. But from 1964 the day has been observed as National Maritime Day and all major ports observe this day celebrating India’s seafaring traditions and journeys. 
iii. Since the dawn of history Indians have participated in international sea-borne commerce. The advent of Europeans opened India’s coasts for trade and commerce. After Independence Indian shipping began to progress at a rapid pace. 
iv. The Indian Navy, which is responsible for guarding the country’s shores and protecting our shipping in times of war, has also considerably expanded and strengthened into a potent force.
v. India has about 7516 kilometres of coastline serviced by a total of 182 ports, 12 of them under a special status as Major Ports being under the purview of the Central Government. 70 other ports termed as minor ones come under the jurisdiction of the respective State Governments. Ennore in Tamil Nadu has been declared as the 12th Major Port.

52. First Bi-monthly Monetary Policy Statement, 2016-17
i. Reserve Bank of India (RBI) today cuts the Repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.5% in its first bi-monthly monetary policy review for the 2016-17 fiscal and kept the Cash Reserve Rate (CRR) unchanged. 

ii. Repo Rate is the rate at which banks borrow from the central bank. One basis point is one hundredth of a percentage point. The repo rate now stands at 6.5%, the lowest it has been since March 2011. With this, Home, auto and other loans are set to become cheaper.
iii. However, the RBI cut the reverse repo, or the rate at which banks park excess funds with the central bank, to 6%, narrowing the policy corridor between the repo and reverse repo by 50 bps, bringing the marginal standing facility (MSF) rate to 7.0%. 
iv. But the CRR has been kept unchanged at 4.0 per cent of net demand and time liabilities (NDTL). 
v. Stating the inflation objectives to be closer to reality and price-rise will hover around the 5 per cent mark during current fiscal, Rajan reaffirmed that the monetary policy will continue to remain accommodative to address the growth concerns. And The RBI, projected the GDP growth around 7.6% for FY 2017. 

53. India's Fastest Train "Gatiman Express" Flagged Off From Delhi To Agra
i. Gatiman Express, India's fastest train is flagged off from Delhi to Agra. Railway Minister Suresh Prabhu flagged off the much-awaited Gatiman Express for Agra from Nizamuddin Railway station today. 

ii. The Nizamuddin-Agra Gatiman Express is the first semi-high speed service in railways and will run at a speed of 160 km per hour, covering the 188 kilometer distance in 100 minutes.
iii. The train will run six days a week except Friday in both directions. It will start journey from Nizamuddin at 8.10 AM and will reach Agra at 9.50 AM. In the return direction, train will depart from Agra at 5.50 PM to reach Nizamuddin at 7.30 PM. 
iv. The Gatiman Express train comprises two executive AC chair cars and eight AC chair car coaches. The fare for an AC chair car seat is set at Rs 750 and that for an executive AC chair car seat at Rs 1,500.
v. The Gatimaan’s coaches have been built at Kapurthala Railway Coach Factory in the Punjab and bio-toilets developed by the Defence Research and Development Organisation (DRDO). The cost of train is around Rs 50 crore.

54. India’s first Cash Giving App ‘CASHe’ Launched
i. India's first cash giving app has launched by a fin-tech company called Tslc Pte Ltd. The app is named as CASHe. 

ii. This new application is very helpful and provides users a personalized experience to borrow cash anytime, anywhere within minutes for their needs. 
iii. CASHe was launched in Mumbai with Bollywood’s rising star Arjun Kapoor joined by CASHe’s eminent Board of Advisors comprising Dr. Rakesh Mohan, Former Deputy Governor of RBI and Director IMF and Yezdi Lashkari, tech thought leader unveiling the product.
iv. You can enjoy simplified borrowing experience with CASHe. The loan is disbursed by One Capitall Ltd. An RBI – registered NBFC only. 
v. You will get convenient 15-day loan for a one-time processing fee. There is no other hidden costs, no painful paper work and no human interaction. The app best for young professionals between 20-35 years old. With this app you can avail of a loan of up to 40 percent of their monthly income instantaneously at a rate of interest on par with credit cards.

55. World's 1st Sanctuary For White Tigers Opens In MP
i. Shivraj Singh Chouhan, the Chief Minister of Madhya Pradesh along with Union Environment Minister Prakash Javadekar and other dignitaries have inaugurated the world's first wildlife sanctuary for white tigers in Madhya Pradesh. 

ii. The Safari was inaugurated at Mukundpur in Satna district of Madhya Pradesh. 
iii. The first of its kind safari is situated adjacent to the Mukundpur Zoological Park. 
iv. It is spread over an area of 25 hectares and has been built at cost of 50 crore rupees. 
v. The safari houses three white tigers, including two females named Vindhya and Radha and one male named Raghu.

56. Aadhaar enrollments hit 100 cr.
i. Over 100 crore people, including 93% of the adult population, now have an Aadhaar number.

ii. As per the Telecom Minister Ravi Shankar Prasad, “Aadhaar crossing the 100-crore mark is indeed a momentous occasion will give boost to government’s initiative of bringing a systematic change in the way services, subsidies and benefits will be directly delivered to the deserving masses.” 
iii. The Unique Identification Authority of India (UIDAI) had generated 100 crore Aadhaar numbers in five-and half years since the first Aadhaar was issued in 2010.
iv. Aadhaar is a 12 digit individual identification number issued by the Unique Identification Authority of India on behalf of the Government of India. 
v. This number will serve as a proof of identity and address, anywhere in India. Aadhaar letter received via India Post and e-Aadhaar downloaded from UIDAI website are equally valid.

57. Internal security chief Tran Dai Quang sworn in as Vietnam's president
i. Tran Dai Quang has sworn in as the ninth President of Vietnam after he was elected by country’s National Assembly. 

ii. He succeeds Truong Tan Sang and shall have term of five years. 
iii. He was elected as President after he had secured 91.5% votes that is 452 valid votes out of the total 494 members of the unicameral house. 
iv. Tran Dai Quang Prior to getting elected as the President of Vietnam, Quang had served as Minister of Public Security of the country from 2011 to 2016. 
v. He is a member of the 12th Politburo of the Communist Party of Vietnam and is currently ranked second after General Secretary Nguyen Phu Tr. In August 2011 he was appointed Secretary of the Central Police Party Committee In 1972, he had attended the People’s Police School.

58. Government releases Rs. 25,834 crore to FCI as Food Subsidy
i. The Government has released Rs. 25,834 crore to FCI as Food Subsidy. In addition to this, wage and means advance of Rs. 10,000 crore will be released shortly. 

ii. FCI is also raising short term loans from banks upto a maximum limit of Rs. 30,000 crore. Recourse to these loans will be made by FCI as and when required. 
iii. Taken together these funds, there will be sufficient resources to manage Rabi procurement which has just started.
iv. In 2015-16, original Food Subsidy allocation was Rs. 97,000 crore which was increased to Rs. 1,12,000 crore at RE stage. This helped to bring down the arrears of subsidy to Rs. 58,650 crore. 
v. During 2016-17 also the Government may consider additional food subsidy over and above budgetary provision, if required, towards the end of financial year to further bring down the subsidy arrears. 

59. World’s first public dengue vaccination programme launched in Philippines
i. The world’s first public dengue vaccination programme was launched in the Philippines as nurses began injecting the first batch of a million children with a French drug to combat the sometimes deadly disease.

ii. Hundreds of fourth-graders at a public school in metropolitan Manila’s Marikina city were given the first of three shots of Dengvaxia.
iii. The Philippines had the highest dengue incidence in the WHO’s Western Pacific region from 2013 to 2015, recording 200,415 cases last year, according to the Department of Health.
iv. The government is spending 3.5 billion pesos ($98 million) to administer the free vaccines, which it bought at a discounted cost of 3,000 pesos ($85) for three doses for each child.
v. Dengvaxia, developed by the French pharmaceutical company Sanofi Pasteur, obtained its first license in Mexico in December 2015 for use in individuals aged 9 to 45. Regulatory agencies in Brazil, the Philippines and El Salvador followed. But the vaccine is awaiting regulatory reviews in Europe and dozens of non-European countries, as well as prequalification by the WHO.

60. Viswanathan Anand to be feted with Hridaynath Award
i. 5 times world chess champion Viswanathan Anand will be honoured with the Hridaynath Award, which felicitates and recognises successful individuals across the country from various walks of life. 

ii. The honour will be a cash award of Rs 2 lakh and a memento.State Governor C Vidyasagar Rao will present the award to the 46-year-old sportsman at an event here on April 12. 
iii. The previous recipients of the award include eminent personalities like Lata Mangeshkar, Babasaheb Purandare, Asha Bhosle, Amitabh Bachchan, Hariprasad Chaurasia and A R Rahman.

61. Former Italy coach Cesare Maldini passes away
i. Former Italy head coach Cesare Maldini has passed away at the age of 84. 
ii. The former AC Milan defender took charge of the national team in 1996, replacing Arrigo Sacchi, and successfully qualified for the 1998 World Cup. 

iii.Maldini played for Milan from 1954 to 1966 and was a star for the club before son Paolo went on to become a legend in his own right. He helped the club win four Scudetti along with their first European Cup in 1963 when they sealed a 2-1 win over Benfica.
iv. At club level, Maldini won 4 Serie A league titles and 1 European Cup with Milan. Internationally, he played for the Italian national team, earning 14 caps and participating in the 1962 World Cup. 
v. As a coach, he had a successful career in charge of the Italian Under-21 side, winning the European Under-21 Championship a record three consecutive times.

62. Kenya’s Kotut and Jepkesho win Paris Marathon
i. Kenya’s Cyprian Kotut claimed a double in the French capital within a month when he won this year’s Paris Marathon in personal best of 2 hours, 07 minutes and 13 seconds. 
ii. Kotut, the brother to three-time London Marathon champion Martin Lel, overtook Ethiopian Abraha Gebretsadik with three kilometres to go, pumping his pistons past the 40km mark in 2:00:34 to victory.
iii. Defending champion Mark Korir settled second in 2:07:31 as Commonwealth Games marathon silver medallist Stephen Chemlany waylaid Gebretsadik to ensure a Kenyan podium sweep in 2:07:39. 
iv. Micah Kogo of Kenya settled fourth in 2:07:43 as Gebretsadik came in fifth in 2:08:05. The 24-year-old Kotut was fresh from Paris Half Marathon last month in 1:01:00. Having recorded a personal best of 59:12 for the half marathon in 2014, Kotut made his marathon debut in Milan in 2015 and finished second in 2:08:55.
v. Kotut became the 12th Kenya to win the race and put his case straight ahead of the national marathon team selection for Rio Olympic Games later this month after London Marathon on April 24.

63. Prime Minister Narendra Modi launched Stand Up India Scheme
i. The Prime Minister Narendra Modi on 5 April 2016 launched Stand Up India Scheme to promote entrepreneurship among Scheduled Caste/Scheduled Tribes and Women entrepreneurs.

ii. On this occasion, the Prime Minister also inaugurated a Kaushal Kendra (Skilling Center) under Pradhan Mantri Mudra Yojna in Noida.
iii. The Scheme is intended to facilitate at least two projects per bank branch, on an average one for each category of entrepreneur. It is expected to benefit at least 2.5 lakh borrowers within 36 months.
iv. It provides for refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of 10000 crore rupees. It will create credit guarantee mechanism through the National Credit Guarantee Trustee Company (NCGTC).
v. It will provide support for borrowers both at the pre loan stage and during operations. Its focus is on handholding support for both SC/ST and Women borrowers. The aim is to leverage institutional credit structure to reach out under-served sectors of the population by facilitating bank loans repayable up to 7 years and between 10 lakh rupees- 100 lakh rupees for greenfield enterprises in non farm sector set up by such SC, ST and Women borrowers.

64. National Geoscience Awards – 2014 Presented By President
i. Pranab Mukherjee, the President of India conferred the National Geoscience Awards 2014 at a function to be held at Rashtrapati Bhavan in New Delhi. 

ii. These awards are presented to honour individuals and team of scientists for their outstanding contributions in the field of fundamental or applied Geosciences, Mining and Allied areas.
iii. The National Geoscience Awards was  previously known as the National Mineral Awards and was instituted by the Ministry of Mines in 1966. 
iv. For 2014, Professor Ashok Kumar Singhvi was conferred with the highest honour National Geoscience Award for Excellence for his outstanding contributions in the field of sedimentary technologies. While Dr IndraSekharSen have awarded with Young Scientist Award. 
v. Along with him, 31 other geoscientists were being given the awards in 13 Various Disciplines including Mining Technology, Basic Geosciences, Geo-Information System, etc.

65. Madhukar Gupta committee constituted to suggest ways to strengthen security along Indo-Pak border
i. The Union Government on 5 April 2016 constituted a high-level committee to suggest ways to strengthen the border protection along the border with Pakistan. 

ii. It will also address the issue of gaps and vulnerability in border fencing along Indo-Pakistan border.
iii. The committee will be headed by former Home Secretary Madhukar Gupta and will submit its report in three months.
iv. The mandate of the committee is to study all types of gaps in fencing and all other vulnerabilities in the International Border on Indo-Pakistan Border. 
v. It will suggest comprehensive approach to fix the gaps in fencing and other vulnerabilities on interim and permanent basis. The government's move comes three months after terrorists belonging to Pakistan-based terror group Jaish-e-Mohammed had breached the Indo-Pak border in Punjab and attacked the Pathankot airbase killing seven security personnel.

66. Odisha Government launches 100 Adarsha Vidyalayas
i. Odisha government has launched 100 Adarsha Vidyalayas and CBSE-affiliated English medium schools in 14 districts of the state. 

ii. Chief minister Naveen Patnaik has formally inaugurated the first model school at Hinjli in Ganjam district of Odisha. He has inaugurated the remaining 99 schools online. 
iii. These schools will be functional from the upcoming session. Students of these model schools would get free education and all facilities like mid-day meal, uniform and textbooks free of cost like other state government-run schools. 
iv. These schools will have the patterns of the Kendriya Vidyalays to students of backward regions and the schools with hostel facilities will follow the CBSE syllabus with English as the first language and Odia as the second language. 
v. These schools will reserve 50 % seats for scheduled categories and girl students. According to the scheme, there will be one model school in the headquarters of each block. The next phase of such schools for remaining 214 blocks would be set up very soon. 

67. Complete Ban On Alcohol In Bihar Imposed By State CM
i. The Chief Minister of Bihar Mr. Nitish Kumar has declared total ban on the sale of all forms of alcohol with immediate effect. 

ii. CM also said that while the alcohol licences of hotels, clubs and bars would be revoked, this ban would not affect army cantonments, as they are allowed to regulate the consumption and sale of liquor independently.
iii. So far around 4,933 people including consumers and illegal manufacturers have been imprisoned since prohibition was introduced in the state. About 1.17 crore ‘promise papers’ have been submitted by school students, after making their parents promise not to consume alcohol.  iv. Kumar has set up a high-level committee to address the impact of the ban on the workers who make liquor from fermented toddy. The committee will work out how to make the use of toddy tree products more profitable. The committee is expected to produce a scheme to be put into action from 2017. In addition, the state government has promised to provide technical and financial support to these workers.
v. Bihar has become the fourth state after Gujarat, Nagaland and Mizoram states to impose ban on liquor. Although, Bihar will suffer an annual revenue loss of about Rs. 4,000 crore following prohibition.

68. Government to develop 25 regional airports : Arun Jaitley
i. To improve air connectivity, government plans to develop 25 regional airports. 

ii. Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India (AAI). 
iii. There are around 160 airstrips that are lying unused, he said while talking about the steps taken by the government for infrastructure development in the country. 
iv. According to the Union minister Arun Jaitley, AAI would be able to fund itself from the money coming from Delhi and Mumbai airports.

69. Researchers developed world’s smallest diode
i. Researchers from the University of Georgia and Ben-Gurion University of the Negev (BGU) developed the world's smallest diode, the size of a single molecule.

 ii. The breakthrough could impact the development of molecular electronic devices. Their study was published in journal Nature Chemistry on 4 April 2016.
iii. The nanoscale diode or molecular rectifier operates like a valve to facilitate electronic current flow in one direction. 
iv. A collection of these nanoscale diodes, or molecules, contains properties that resemble traditional electronic components, such as a wire, transistor or rectifier.
v. Professor Bingqian Xu from the College of Engineering at the University of Georgia and his team of researchers took a single DNA molecule made from 11 base pairs and connected it to an electronic circuit just a few nanometers in size.

70. India signs $100 million draft export pact with IDB
i. India has signed a memorandum of understanding with the Islamic Development Bank (IDB) for a possible $100 million line of credit to simplify exports to IDB’s member countries.

ii. The memorandum of understanding (MoU) was signed between the Islamic Development Bank (IDB) CEO Khaled Al-Aboodi,  and the Export-Import Bank of India (EXIM Bank) Tarun Sharma, regional head on behalf the EXIM Bank. 
iii. This MoU will also be achieved through the exchange of information on trade-related matters and the identification of business opportunities for Indian companies to pursue in ICD’s member countries
iv. The Islamic Development Bank (IDB) is a multilateral development financing institution located in Jeddah, Saudi Arabia. 
v. It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the king of Saudi Arabia at the time (Faisal), and began its activities on 20 October 1975. 

71. BHEL commissions tiltable canal top solar plant in Andhra
i. Bharat Heavy Electricals Limited (BHEL) has commissioned a seasonwise tiltable canal top solar PV plant at Bhimavaram in Andhra Pradesh. 

ii. This is the first canal top project in Andhra Pradesh and also first such project executed by the company, the state-run power equipment maker said in a release. 
iii. The project is developed by NREDCAP (New and Renewable Energy Development Corporation of AP Ltd). Power generation is about 10 per cent more than a fixed Module Mounting Arrangement (MMA), BHEL said. The elevated control room with bottom cable entry prevents ingress of water during floods, it said. 
iv. The Module Mounting Structure (MMS) is a unique design incorporating additional functionalities like lighting, cable support and fencing into the MMS. 
v. Another feature is the movable walkway which facilitates efficient maintenance of the plant by providing easy access, it added.

72. Mumbai gets its first-ever AC local train
i. Mumbai has got its first air-conditioned suburban local train. which was flagged off from Integral Coach Factory in Chennai on March 31, has finally arrived in the metropolis, and its trial run would take place within a week.

ii. The train is parked at the Kurla car shed of Central Railway and local train does not have any general or first class compartments and fare between Rs 60 to Rs 70 from CST to Panvel. 
iii. It will undergo software and technical updates in the coming month, and speed trials for another five to six months. Coaches are connected by vestibules in two parts of six each while the seats are similar to the previous Bombardier rake.
iv. In case of an emergency, each coach has a system installed that lets the passenger connect to the motorman and guard, and an LED destination board is present to alert the motorman. 
v. There is also a manual door opening system in each coach that can be accessed even when the train is in movement.

73. Memorial for Abdul Kalam to be opened at Dilli Haat
i. Delhi government has passed a proposal to build a memorial for late President APJ Abdul Kalam at Dilli Haat, south Delhi. 

ii. This memorial will include the notes, books, clothes and other personal items of the former president, will be opened to the public on July 27  Kalam’s death anniversary.
iii. Government of Delhi had constituted a team to safely bring Kalam’s belongings back from Rameswaram. 
iv. They were sent to his family members in Rameshwaram when the bungalow was allotted to Union Tourism and Culture Minister Mahesh Sharma.
v. Bharat Ratna Avul Pakir Jainulabdeen Abdul Kalam, generally known as Dr. A.P.J. Abdul Kalam, was the 11th President of India (2002-07). By profession he was a scientist and an administrator in India. He worked with Indian Space Research Organisation (ISRO) and Defense Research and Development Organisation (DRDO) as an aerospace engineer before becoming the President of India. 

74. Philippines Launches World's First Mass Dengue Vaccination
i. The world's first public dengue vaccination programme was launched in the Philippines as nurses began injecting the first batch of a million children with a French drug to combat the sometimes deadly disease.

ii. Several hundred children aged nine to 10 queued in front of government health workers at a public school in eastern Manila for the injections, capping a 20-year, 1.5-billion-euro ($1.8 billion) effort by French drug manufacturer Sanofi to develop the vaccine. 
iii. The Philippines had the highest dengue incidence in the WHO’s Western Pacific region from 2013 to 2015, recording 200,415 cases last year, according to the Department of Health. 
iv. Dengvaxia, developed by the French pharmaceutical company Sanofi Pasteur, obtained its first license in Mexico in December 2015 for use in individuals aged 9 to 45.

75. Manish Sharma first Indian to be Executive Officer Panasonic Corporation
i. Japanese electronics giant Panasonic has appointed senior executive Manish Sharma to its global executive council, inducting an Indian onto the coveted decision-making body of the $80-billion company for the first time ever. 

ii. Sharma is the first Indian and fourth non-Japanese member of the 50-member Council headed by a global president.
iii. Panasonic is not the first Japanese electronics company to give a key global role to an Indian. 
iv. In April last year, Sony had also elevated Sunil Nayyar, sales head of its Indian business, to lead its consumer electronics business in the US, its largest market. 
v. Panasonic also appointed Daizo Ito, previously president of the Indian business, as managing executive officer, Panasonic Corporation.

76. M H P Rao, The Architect Of Madras Atomic Power Station Passed Away
i. The Architect or father of the Madras Atomic Power Station (MAPS), Mr. Myneni Hari Prasad Rao has passed away in Chennai. He was 88 year old. He is survived by three daughters and a son.

ii. Mr. MHP Rao, was born in Edlalanka village near Avanigadda. 
iii. He is a retired Director of the Nuclear Power Board (now known as NPCIL) of DAE, Mumbai, India. 
iv. He has served for many years as a member of Southern, Western and Northern Indian Regional electricity boards.
v. In 1984,  he was honoured with the Padma Shri. He was also awarded with the Sanjay Gandhi for contribution in Science and Technology in 1983.

77. Mother Dairy Partners Delhi Daredevils As Principal Sponsor
i. Mother Dairy, an Indian FMCG company has partnered with Indian Premium League (IPL) cricket team Delhi Daredevils as its principal sponsor. 
ii. With this association, the brand Mother Dairy will be seen on Delhi Daredevils team jersey, along with the visibility at key spots in the stadium on match days.
iii. Delhi Daredevils had recently appointed Zaheer Khan as the captain of the franchise for the 2016 season and will soon launch a mass campaign at company's select booths across the national capital region in partnership with Mother Dairy. 
iv. This association will be a fantastic platform to connect with our consumers and cricket fans. 
v. The company will also offer products during the matches. 

78. 7th April : World Health Day
i. 7th April is celebrated each year globally as World Health Day under the sponsorship of the World Health Organization (WHO).

 ii. The day aims to draw attention to important health issues facing the world each year. 
iii. This time the themes of World Health Days for 2016 is Halt the rise: beat diabetes.
iv. In 1948, World Health Assembly was first held in Geneva by the WHO where it was decided to celebrate the World Health Day annually on 7th of April. It was first celebrated worldwide in the year 1950 as the World Health Day. 
v. World Health Day is celebrated worldwide by the government, non-government, NGOs including various health organizations at many places by organizing programmes relating to the public health issues and awareness. Varieties of activities are done in the conference of health workers to encourage people to maintain their health.

79. PM chairs meeting of CSIR Society
i. The Prime Minister, Shri Narendra Modi, chaired a meeting of the CSIR society in New Delhi.

ii. The Prime Minister was given an overview of the work done by CSIR in addressing national challenges, and its recognition as a major Indian innovator.
iii. Members mentioned the potential that exists for a large number of start-ups to emerge from the research being done by CSIR labs. 
iv. They stressed the importance of converting lab research to commercial applications. Medical device manufacturing, energy, and waste management were some of the areas mentioned where CSIR could play a key role.
v. The Prime Minister called for laying down parameters to assess the performance of CSIR labs; and a mechanism whereby there could be internal competition among various labs. He called upon the scientific community at CSIR to list at least one hundred problems being faced by people in various parts of India, and take up the challenge of solving them technologically within a specified time period.

80. 3rd phase of Mission Indradhanush begins today 
i. The third phase of Union Health Ministry’s universal vaccination programme Mission Indradhanush began on 7 April, 2016. 

ii. It will cover 216 Districts across several States including Bihar, Gujarat, Assam, Madhya Pradesh, Maharashtra and Uttar Pradesh. 
iii. Under it, children against seven vaccine preventable diseases will be vaccinated against seven preventable diseases. 
iv. The last two phases nearly 39 lakh children have been fully immunised across the country. 
v. Mission Indradhanush depicts 7 colours of the rainbow which aims to cover all those children by 2020 who are either unvaccinated, or are partially vaccinated against 7 vaccine preventable diseases. The diseases include diphtheria, whooping cough, tetanus, polio, tuberculosis, measles and hepatitis B. Under this universal vaccination programme, all vaccines will be made available free of cost.

81. ECoR becomes largest freight loading railway zone
i. East Coast Railway (ECoR) has emerged as the largest freight loading railway zone of Indian Railways in 2015-16. ECoR loaded 173.49 million tonnes of freight compared to 161.91 million tonnes achieved in the corresponding period previous year and registered an increase of 7.1 per cent, its officials said.

ii. On the earnings side, ECoR earned about Rs 15,978.28 crore which is 14.13 per cent more than the corresponding period of previous financial year, they said.
iii. In coal loading, ECoR carried 79.4 rakes per day from its jurisdiction against 72.7 rakes per day in last fiscal. 
iv. The coal loading from Talcher was 40.8 rakes per day followed by Visakhapatnam Port 8.7 rakes, Gangavaram Port 7.7 rakes, Paradeep Port 11.7 rakes, Dhamara 9.5 rakes and at other places 1.1 rakes per day during 2015-16.
v. In iron ore loading, it loaded 14 rakes per day in 2015-16 - 5.2 rakes per day from iron ore belts under Khurda Road Division and 8.8 rakes day from KK Line under Waltair Division. Altogether East Coast Railways has carried 131.2 rakes loading per day from its jurisdiction against 122.4 rakes per day in 2014-15 financial year. These include coal, iron ore, cement, food grains, POL and other commodities. 

82. Irani unveils bronze bust of Aryabhatta at UNESCO HQ
i. A bronze bust of ancient Indian mathematician and astronomer Aryabhatta has been unveiled at the UNESCO Headquarters. 

ii. The bust, sculpted by renowned Indian sculptor Ram Sutar, was unveiled yesterday by HRD Minister Smriti Irani. 
iii. She was in the French capital to attend the high-level segment of the 'International Conference on Zero' held from April 4-5. 
iv. Sutar was recently awarded the Padma Bhushan, one of the highest civilian awards in India, for his contribution to the world of art. 
v. The two-day conference, organised by the Permanent Delegation of India to UNESCO, was held to share the rich and remarkable history of mathematics through participation of some of the brilliant minds, resonating with the UNESCO's mandate to advance, transfer and share knowledge for the greater global good.

83. NTPC Suspends Power Generation From Farakka
i. Partial suspension of power generation at the NTPC's Farakka plant in West Bengal's Murshidabad district owing to shortage of water is likely to continue till April 10.

ii. The power producer was forced to temporarily shut five units (1,600 MW) of its 6 units (2,100 MW) at Farakka after water level at Farakka feeder canal receded due to "diversion of water to Bangladesh as per the international treaty and  one unit of 500 MW is under operation. 
iii. Total allocation to West Bengal from NTPC stations is 786 MW, which can be fully met by the company from its stations, if power is requisitioned by the state.
iv. NTPC Limited (previously known as National Thermal Power Corporation Limited is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities.

84. Gujrat CM Anandiben Patel launches 'Maa Annapurna Yojna'
i. Gujarat chief Minister Anandiben Patel officially launched the state-wide implementation of National Food Security Act, which has been renamed as Maa Annapurna Yojna (Scheme) by the state government. 

ii. Under the Maa Annapurna Yojna, 3.82 crore people of Gujarat will be benefited. Each of them will get rice at Rs 3 per Kg and wheat at Rs 2 per Kg.
iii. Out of 35 kg given at subsidised rates during Congress rule, only 16 kg of food-grain was given at those rates, while for the remaining 19 kg, government used to charge Rs 7.70. Now, PM Modi removed this condition and has announced to give the entire 35 kg of food-grain at subsidised rates.   
iv. only 11 states had implemented the National Food Security Act and that too they had not implemented totally. 
v. The number of states has increased from 11 to 21, including Gujarat, which will implement it by April 1, 2016," Paswan told reporters on the sidelines of a meeting organised here with Food Corporation of India (FCI) officials of Gujarat.

85. Santosh Gangwar Inaugurates 3 Mega Projects in Nagaland
i. Union Minister Santosh Kumar Gangwar inaugurated 3 mega textile projects in Nagaland. 

ii. These 3 projects included Apparel and Garment Making Centre in Dimapur, Muga P3 Basic Seed Station Kobulong in Mokokchung district and newly approved Integrated Eri Silk Development Project under North East Textile Promotion Scheme (NERTPS).
iii. The Union Minister of State for Textiles formally launched the three mega projects at District Industries Centre Complex in Dimapur district in the presence of Nagaland Chief Minister T R Zeliang. 
iv. The Apparel and Garment Making Centre for Nagaland was announced by Prime Minister Narendra Modi on December 1, 2014 during his maiden visit to the state for inauguration of Hornbill Festival. 
v. As per Gangwar the project will benefit more than 5,000 cultivators engaged in plantation of these three varieties of silk.

86. Future Group Has Acquired FabFurnish
i. Future Group has acquired online home furnishings and décor business company FabFurnish for an undisclosed amount. 

ii. The buyout could range between Rs.15 crore and Rs. 20 crore in cash. But the Future Group will retain the FabFurnish brand and will use the store's online platform to take its Home Town retail stores online.
iii. This is the first consumer startup acquisition made by Future Group led by Kishore Biyani and also marks the first exit for Berlin based investor Rocket Internet which also backs Foodpanda and Jabong. 
iv. But this acquisition will make the India's largest home décor e-marketplace. 
v. The take over also include the FabFurnish’s management team and about 100 employees who are likely to join the Future Group. 

87. Foundation stone for Haryana’s first Horticulture University laid in Karnal
i. Union Agriculture and Farmers Welfare Minister Radha Mohan Singhlaid the foundation stone of Haryana State University of Horticultural Sciences at Karnal. 

ii. It is the first Horticulture University in the state that will cater the needs to support the gap between research, teaching and extension activities in the state. 
iii. The Horticulture University will be built on 118 acres to disseminate latest technology and horticulture education to the young generation. 
iv. It will help in improving productivity levels by promoting adaptation of appropriate crop diversification to suit the agro climatic conditions of the region. 
v. It will also act as a skill development centre in order to cater the larger demand for skilled (trained) manpower in the production, post-harvest and processing industries.

88. ASCI upholds 51 complaints against misleading ads
i. The Advertising Standards Council of India (ASCI) upheld complaints against 51 out of 102 advertisements. 

ii. The advertising industry watchdog's  Consumer Complaint Council (CCC) found the claims in various categories advertisers to be either misleading or false or not adequately / scientifically substantiated and hence violating ASCI’s Code.
iii. Out of 51 advertisements against which complaints were upheld, 13 belonged to the Education category, 12 to the Food & Beverages category, followed by 11 in the Healthcare category, 6 in the E-commerce category and 9 advertisements from other categories.
iv. In education category advertisements of Rice Education, Adamas Career, Tathagat, Think & Learn etc. were upheld, while in Healthcare segment advertisement of the brands such as Emami, Dabur India, Patanjali Ayurved, Mosons and Uttam Dawakhana were upheld. 
v. Advertisements of following ecommerce brands were also upheld PortMart, Xeroin Retail, Amazon, Ibibo Group and HolidayIQ.Apart from these, advertisements from Balaji Telefilms, Viacom18 and Times on India were also upheld.

89. CP Gurnani appointed as Nasscom chairman
i. CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra, is the new Chairman of the National Association of Software and Services Companies (Nasscom) for 2016-17 with effect from Wednesday.

ii. He would focus on programmes aimed at making India a digital and innovation hub.
iii. He identified start-ups, cyber security and analytics as emerging areas for the Indian IT industry. “Nasscom of tomorrow is representative of product companies, start-ups, among others and not just service providers.’’
iv. According to Nasscom projections, IT industry, which directly employs 3.9 million professionals, is expected to grow at about 14 per cent during the present financial year with a likely intake of 2.5 lakh new employees. In 2015-16, industry crossed $100 billion mark in exports.
v. Referring to ongoing programmes, Nasscom is working closely with State governments with regard to innovation hubs in various cities including Bengaluru, Telangana, Andhra Pradesh, Kolkata and Pune.

90. S Balaji Arunkumar new KoPT deputy chairman
i. S Balaji Arunkumar, An IRTS officer of 1997 batch, has taken over as deputy chairman of Kolkata Dock System under Kolkata Port Trust (KoPT) with effect from April 4. 

ii. He was senior general manager of Container Corporation of India, Chennai, before assuming his new charge. 
iii. R P S Kahlon lost his job as chairman of KoPT after he was arrested on alleged graft charges on March 9 from a hotel in the city. 
iv. He had allegedly received bribe from a private firm that handles containers at Kolkata Dock System (KDS). 
v. M T Krishna Babu, the chairman of Visakhapatnam Port Trust, has taken over as the new chairman of KoPT as an additional charge.

91. Sigurdur Ingi Johannsson named as new PM of Iceland
i. Iceland ruling coalition Government has named Sigurdur Ingi Johannsson (53) as the new Prime Minister after igmundur Gunnlaugsson had stepped down . 

ii. Prior to this, he was Agriculture and Fisheries Minister (since 2013) and deputy leader of the Progressive Party of the Ireland. 
iii. Earlier from May 2013 to December 2014 he also had served as Minister for the Environment and Natural Resources. 
iv. Sigurdur Ingi Johannsson’s appointment comes after Sigmundur Gunnlaugsson had stepped down as PM in the wake of the leaked Panama Papers. The leaks of Panama Papers from Panama law firm Mossack Fonseca, a law firm specialises in setting up offshore companies showed Gunnlaugsson owned an offshore firm with his wife. 
v. Gunnlaugsson was the first casualty after the explosive leaks of confidential documents from Panamanian law firm Mossack Fonseca surfaced. The leak had disclosed up to 11 million documents revealing how the rich and powerful people across the world hide their wealth, potentially to evade taxes.

92. India Men win Asian Nations Cup Chess tournament
i. Indian men have won the 2016 Asian Nations Cup Chess tournament by defeating Vietnam in the final round by 3-1 score played in Abu Dhabi. 
ii. In the final round match, Indian Grandmasters S P Sethuraman and K Sasikiran won on the 2nd and 4th boards while, B Adhiban and Vidit Santosh Gujrathi drew their respective matches on top and 3rd boards. 
iii. With this win India gained 17 points, two more than World and Olympiad champions China. India drew Mongolia and beat the rest of the teams in a 22-team tournament. 
iv. It was overall third time, Indian men won the event earlier they had won at Esfahan, Iran in 2005 and Kolkata 2009. 
v. In the women’s section, top seed China won the title with 15 points followed by Uzbekistan (14 points) at second Kazakhstan (13 points) at third position respectively. Indian women finished fourth position with 12 points.

93. North East ASEAN Business Summit Inaugurated In Imphal
i. The first ever two day North East-ASEAN (Association of Southeast Asian Nations) Business Summit was inaugurated at the City Convention Centre in Imphal, Manipur. 

ii. The two day summit has been organized by Manipur Commerce and Industries Department (MCID) in collaboration with the Union Ministries of External Affairs and Development of North-Eastern Region(DoNER), Indian Chamber of Commerce(ICC) and Indian Chamber of Service Industries(ICSI).
iii. Bangladesh Commerce Minister Tofail Ahmed was the chief guest at the inaugural session of the Summit. 
iv. The North East -ASEAN Business Summit aims to attracting investment from both domestic and foreign firms to the North-Eastern states to increase productivity and generate employment in the region. 
v. The main highlights of the Summit include a Regional conference on “Ease of Doing Business”, “Agro and Food Processing : Potential and Challenges” and a “Session on Empowering MSME in North East”. 

94. Govt. inaugurates 'Namma Toilet' in Delhi under Swachh Bharat Mission
i. To promote the Swachh Bharat Mission, Union Urban development Minister Venkaiah Naidu inaugurated 'Namma Toilet' in the national capital Delhi. 

ii. This is a step in the direction of fulfilling the mission's target to establish over 2.5 lakh public toilets by 2nd October 2017.
iii. Swachh Bharat Abhiyan is contributing in a major way to ensure hygiene and cleanliness to all in the country, public toilets are being built across the country. 
iv. The mission targets to establish 2 lakh 56 thousand public toilets by 2nd October 2017. 
v. Across Delhi Namma toilets were inaugurated at 19 other places by the local municipal councillors. These toilets are being built under corporate social responsibility by NBCC. People were enthusiastic to see these innovative toilets. It is designed to withstand the extreme harsh conditions one can expect outdoors in our country and the high usage. 

95. Petroleum & Natural Gas Minister dedicates 36 new CNG stations in Delhi & NCR.
i. Minister of State for Petroleum & Natural Gas Dharmendra Pradhan dedicated 36 new CNG stations located in Delhi and NCR to the public. 

ii. 30 out of these stations have been installed by Indraprastha Gas Limited (IGL)  3 stations by Haryana City gas in Gurgaon, 1 station by GAIL Gas in Sonepat and 2 stations by Adani gas – one each in Faridabad and Khurja (Bulandshahar) have been set up.
iii.While 25 out of these 36 CNG stations are located in NCT of Delhi, 11 are located in NCR - Ghaziabad, Greater Noida, Gurgaon, Faridabad, Sonipat and Khurja. 
iv. Presently Delhi-NCR is having 347 CNG stations of about 77 lakh kg per day CNG dispensing capacity. 
v. All 4 CGD companies operating in Delhi-NCR have planned to augment the existing CNG dispensing capacity to 88 lakh kg per day by developing additional 104 CNG Petroleum & Natural Gas Minister dedicates 36 new CNG stations in Delhi & NCR stations in Delhi-NCR.

96. Asia’s 50 Most Powerful Businesswoman List Topped By Nita Ambani
i. Reliance Industries director Nita Ambani and State Bank of India chairman Arundhati Bhattacharya have been ranked top two in Forbes’ “Asia 50 Power Businesswomen 2016” list, which acknowledges the inroads women are making in the business world, despite gender inequalities.

ii. American magazine Forbes has released 2016 “Asia’s 50 Power Businesswomen” list featuring business women from 14 countries. 
iii. According to list, 6 other Indian business women have also been included in the list- at no. 14-Mu Sigma CEO Ambiga Dhiraj, 16- Dipali Goenka CEO Welspun India, 18- Vinita Gupta CEO Lupin, 22-Chanda Kochhar ICICI Bank Managing Director, 26-Vandana Luthra VLCC Health Care Founder, 28- Kiran Mazumdar Shaw Biocon Founder.

97. HP Unveils World's Thinnest Laptop
i. American multinational information technology company HR Inc (Hewlett-Packard) has launched eight new personal products including the world thinnest laptop.

 ii. The laptop is having 10.4 mm thickness.
iii. According to the company ‘Spectre’ is the world’s thinnest laptop and has a battery life of up to nine and a half hours. 
iv. Another USP of the laptop is its copper design combined with carbon fiber that gives the laptop a premium look. 
v. It features 13.3-inch full HD screen with Corning Gorilla Glass. The laptop comes with 8GB LDDR3 RAM and 512GB SSD storage and runs on 6th generation Intel Core i5 and i7 processors. According to the company the laptop includes 3 Type-C USB I/O ports and the price of the laptop is around $1,249 (Rs 83,121 approx). 

98. CCEA Approved Andrew Yule Proposal To Convert Bank of Baroda's Loan Into Equity
i. The Cabinet Committee on Economic Affairs (CCEA) cleared conversion of Working Capital Term Loan (WCTL) of Bank of Baroda's (BoB) 29.91 crore rupees loan to Andrew Yule & Co. Ltd. (AYCL) into equity shares. 

ii. This approval was granted during the CCEA meet chaired by Prime Minister Narendra Modi.
iii. Price of equity shares will be based on market price determined as per Securities and Exchange Board of India (SEBI) Guidelines on the date of acquiring of shares by Bank of Baroda with face value of 2 rupees per share. 
iv. This conversion of WCTL will pave the way for disinvestment of the Kolkata-based PSU in the next three months. The conversion of loan to equity would help bring down the cost of servicing of debt by 2.86 crore rupees per annum, resulting in improved profitability and liquidity of Andrew Yule in coming years. 
v. This will provide an opportunity to finance working capital needs of existing and new businesses. It will also result in improved Debt Equity ratio for AYCL and will enhance the strength of its balance sheet.

99. Snapdeal launches donation program ‘Sunshine’
i. Snapdeal has partnered with 9 non governmental organisations (NGOs) to launch Snapdeal Sunshine, a platform where users can make donations to causes under education, health, sports, women empowerment, disaster relief and old age care. 

ii. These organisations include Magic Bus, Akshaya Patra, Care India, Teach For India and HelpAge India, which will list required products for ongoing projects.
iii. At face value, it doesn’t look like Snapdeal is charging a fee for this service, but the products needed by the NGOs are from Snapdeal’s inventory and currently include cooking, education, sports, study, clothing, stationery, housing and other miscellaneous supplies.
iv. The products will be sent to the partner after the donation is accepted, and donors will be able to track the progress on Snapdeal.
v. The company says that it launched the platform based on ‘studies indicating that Indians would like to give more to society but faced constraints like lack of visibility of end utilisation of their donations’. Users can donate by selecting the cause or the NGO they wish to support and its products, decide an amount for donation, process payment and Snapdeal will deliver the products to the NGO’s location.

100. Hashim Thaci Sworn In As New President Of Kosovo
i. Hashim Thaci , Foreign Minister of Kosovo has been sworn in as the President of Kosovo by the members of Parliament of the country in the 3rd round. 

ii. Mr. Thaci succeeded Atifete Jahjaga in the voting held in Pristina. 
iii. With this, he becomes fourth President of Kosovo after the European country had unilaterally declared independence from Serbia in 2008. Prior getting elected as President he was serving as Deputy Prime Minister and Foreign Minister in the Government led by Isa Mustafa.
iv. Thaci born on April 24, 1968 in the Drenica region of central Kosovo. 
v. In the early 1990s he was a leader of the Kosovo Liberation Army (KLA), which fought a guerrilla war against Serbia from 1998-99.

thanks www.bankersadda.com

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