1-5 March 2014 – Current Affairs

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27 Mar, 2014

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1) The 3rd Summit meet of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) started on 4 March 2014 at – Nay Pyi Taw (Nay Pyi Taw is the capital of Myanmar. BIMSTEC is a group of seven nations from South and South-East Asia comprising of Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal. Indian Prime Minister Dr. Manmohan Singh represented India at this summit. The theme of the 3rd BIMSTEC summit was ‘Partnership for Harmony and Prosperity’)

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2) Which prominent sports association of India was terminated by the recognized world body of this sport on 4 March 2014? – Boxing (Indian Boxing Federation (IBF), the national association for boxing in India was suspended by the International Boxing Association (AIBA) on charges that officials of IBF are damaging the sport in the country due to their callous behaviour. AIBA wrote a hard-worded letter stated that the current set of IBF office-bearers is damaging the image, reputation and interest of boxing. The boxers and coaches will, however, continue to remain unaffected by the development and can participate in international events under the AIBA flag till the time the crisis is unresolved)

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3) Which building during March 2014 became India’s first heritage building to get gold rating by Indian Green Building Council (IGBC)? – Bombay House, which is the headquarters of the Tata group in Mumbai (Built in 1923, Bombay House was given the rating for implementing measures for energy savings of over 20%, use of renewable energy, occupant well being and comfort, use of car pools and public transport, and contribution to the maintenance of neighbouring areas)

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4) Which village of Haryana came to limelight recently due to discovery of a mint and numerous artifacts dating to the 1000-year old Pratihara Dynasty? – Bohar Majra (Bohar Majra village is situated in the Rohtak district of Haryana. These discoveries were made during February 2014)

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5) Which round of Inflation Expectations Survey was launched by the Reserve Bank of India (RBI) on 3 March 2014? – 35th (These inflation expectations are to be based on subjective assessments of about 5,000 households across 16 cities. The survey seeks qualitative responses from households on price changes (they foresee in general prices as well as prices of specific product groups) in the next three months as well as in the next one year and quantitative responses on current, three-month ahead and one-year ahead inflation rates)

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6) A bandh was called on 3 March 2014 in Dakshina Kannada in Karnataka which was observed completely in Mangalore and all the taluka headquarters. This bandh was observed to protest against which project situated on tributaries of the Nethravati River? – Yettinahole project (It is feared that Yettinahole project, aimed at drawing about 24 tmcft of water from the tributaries of the Nethravati River for the benefit of parched districts, will dry up the river, which is considered the lifeline of the district with Mangalore depending solely on it for drinking water. The bandh was called to coincide with the foundation laying ceremony for the project in Chikballapur, the constituency of Union Petroleum and Environment Minister M. Veerappa Moily)

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7) Which state of the country implemented the Food Security Act from 1 March 2014 in the state, under which 75% population of the state populace would be covered? – Madhya Pradesh (Under the newly launched scheme the Central Government will provide wheat at the rate of Rs 2 per kg and rice at Rs 3 per kg to the Madhya Pradesh government. However, both wheat and rice will be provided at Rs one per kg under state govt.’s Mukhyamantri Annapurna Yojana by giving additional subsidy to all eligible families)

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8) Union Govt. on 28 February 2014 cleared a proposal of the Election Commission (EC) to raise expenditure limits for elections in the country. What is the new upper limit of expenditure for fighting election for a Parliamentary seat in the country? – Rs. 70 Lakh (Rs. 70 lakh is the upper limit of election expenses for larger states of India such as Uttar Pradesh, Maharashtra, Madhya Pradesh, West Bengal and Karnataka. This limit earlier was Rs. 40 lakh. For smaller states and states of the North-East, the new upper limit is Rs. 54 Lakh. It was earlier 22 lakh)

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9) The Union Cabinet on 2 March 2014 approved the proposal to grant OBC (other backward caste) status to the Jat community. This community would get OBC status in how many states of the country as approved by the Cabinet? – Nine states (These nine states include – Bihar, Gujarat, Haryana, Himachal Pradesh, Punjab, Rajasthan, Uttarakhand, Uttar Pradesh and Delhi)

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10) Union Government on 28 February 2014 approved the proposal to ensure Rs. 1,000 minimum monthly pension under a scheme of Employees Provident Fund Organisation (EPFO). This pension would be provided under which EPFO scheme? – Employees’ Pension Scheme-95 (EPS-95)

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11) Nishi Vasudev on 1 March 2014 became the first woman to become head of a prominent blue-chip PSU. Which PSU is this? – Hindustan Petroleum Corp Ltd. – HPCL (She replaced Subir Roy Choudhury)

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12) The Reserve Bank of India (RBI) on 3 March 2014 extended the deadline for the public to exchange currency notes printed before 2005 up to which date? – 1 January 2015 (Now the public would be able to exchange currency notes printed before 2005 by 1 January 2015. The RBI on 22 January 2014 had announced that it would withdraw from circulation all pre-2005 currency notes from 1 April 2014. Post-2005 notes have added security features and help in curbing the menace of fake currency)

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13) Who assumed charge as the new Secretary General of the South Asian Association for Regional Cooperation (SAARC) on 3 March 2014? – Arjun Bahadur Thapa (He is a former Foreign Secretary of Nepal and succeeded Ahmed Saleem of Maldives as SAARC’s 12th Secretary General)

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14) Which Chinese city came to limelight on 1 March 2014 due to a violent attack by terrorists of separatist group who murdered 29 persons by stabbing them? – Kunming (Kunming city is the capital and largest city of Yunnan province in southwest China. The attack was carried out by a group of separatist forces in Xinjiang. Xinjiang is home to the Uighur Muslims and has been restive for the past few years as Uighurs have protested over growing settlements of Han Chinese in the province)

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15) Who was appointed as the new Governor of Kerala on 4 March 2014? – Sheila Dixit (Former Delhi Chief Minister Sheila Dixit was appointed Kerala Governor after resignation of current Governor Nikhil Kumar)

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The Swedish newspaper was recently asked it to delete the reference made by President Pranab Mukherjee to the Bofors scam in an interview to it, as a claim protested by the Indian Government on 27 May 2015. India has expressed disappointment over the disrespect shown to the President, the newspaper has defended its right to publish what was said during the interview.

Know, who is Vijay Kelkar and what is PPP !

Vijay Kelkar is a renowned economist and a former Finance Secretary. He was appointed head of newly constituted committee to give recommendations to recast the model of Public-Private-Partnership (PPP) model in India. India is one of the largest PPP market with over 900 projects. The Kelkar committee will review the PPP policy, suggest a better risk-sharing mechanism between private developers and the government after analysing such projects.

Know, who is Yaduveer Krishnadatta Chamaraja Wadiyar !

Yaduveer Krishnadatta Chamaraja Wadiyar was crowned as the new Maharaja of of Mysuru (Mysore) royal family. He is the 23-year old grandson of Princess Gayathri Devi, who was the eldest daughter of the last Maharaja of Mysore, Sri Jayachamarajendra Wadiyar. The coronation was held at Mysuru’s famous Amba Vilas Palace, which was decked up for the occasion.

Know about Sepp Blatter!

Swpp Blatter, was re-elected as FIFA president for a fifth term at the 65th Annual Congress of FIFA held at Zurich for four year term.

Prince Ali bin al-Hussein of Jordan stood against Blatter in this election. It is worth mentioning that FIFA is going through a major controversy regarding corruption in the organisation with two FIFA vice presidents and a recently elected FIFA executive committee member still in custody.

 


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