Fab Current Affair 2016

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      Current Affairs – 8th & 9th Week - 

    21 Feb – 5th

     March 2016

    Best of Current Affairs Desk12th March 2016

    IN THIS WEEK

    WHAT'S NEW NIRDESHAK.COM 

    Place

    ECONOMY 

    BANKING

    SPORTS

    POLICY 

    CORPORATE 

    Dear Readers, 

    Nirdeshak.com has initiated all new Current

    Affairs (BNCA) with weekly pdf update. In today’s

    competitive scenario, it has become most crucialto read more analytical and absorbable content,

    in order to get best result. The content is

    developed scientifically developed so that it

    becomes short, easy to remember and only

    relevant part is recalled for exam preparation.

    This is helpful for current affairs preparation,

    developing acumen for interviews, GD and

    overall remembering more get best scores in

    competitive exams, for Banks, IBPS PO, SBI, IAS,

    SSC and other exams.

    In the week, many place, events and policy

    remained important as India and world saw

    many developments. Further know more about

    key personalities of the week, banking news,

    government policies and foreign relations with

    neighbours.

    Happy learning, 

    Warm regards 

    Editorial Team 

    Nirdeshak.com

    http://currentaffairs.nirdeshak.com/6-7-december-2015-current-affairs/http://currentaffairs.nirdeshak.com/6-7-december-2015-current-affairs/http://currentaffairs.nirdeshak.com/6-7-december-2015-current-affairs/

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    Following are the important current terms important for exams, discussions

    and interview.

    Terms to Know

      Economic Survey

      Union Budget

      GDP growth rate

      Krishi Kalyan Cess

      What is OPEC

      National Human RightsCommission (NHRC)

      Who is Gianni Infantino?

      Who is Leonardo DiCaprio?

      What is ‘The Revenant’? 

      APL and BPL

      Kinddle

    What do you mean by?

      Service Tax Rate from 12.36%to 14%

      Swachh Bharat Cess of 0.5%

      Crude measurement barrels perday (bpd)

      What is Euroclear?

      Banks Board Bureau (BBB)

      Advanced Technology Vessel

      What is Swachh Parayatan?  What is VVPAT?

      What is Raisina Dialogue?

    Which terms of important for discussion

      Haven of Stability and Outpost of Opportunity

      Operating Ratio

      Dedicated Freight Corridors (DFCs)

      Asset Management Companies (AMCs)

      What is the role of Banks Board Bureau (BBB)?

      In what sense the term ‘Rurban’ is used? 

      What do you mean by Gender equality?

      What is troy ounce?

      In which context term Paper Trail is used?  Why UK is planning a referendum?

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    Economy

    Economy – Economic Survey

    Who prepares the Economic Survey - Chief Economic Adviser  

    To Know: The Economic Survey for 2015-

    16, prepared by Chief Economic Adviser

     Arvind Subramanian termed India as a

    “haven of stability” and an “outpost of

    opportunity” amidst gloomy internationaleconomic landscape.

    Main conclusions of Economic Survey 2015-16: 

     – The Survey expects India’s GDP to growth at 7-7.75% during 2016-17

     – The Govt. is expected to achieve fiscal deficit target of 3.9% of GDP during 2015-

    16

     – The Survey argued for adhering to 3.5% fiscal deficit target during 2016-17

     – Consumer price or retail inflation is seen around 4.5 to 5% in 2016-17 as against

    4.9% between April to January 2016

     – India’s current account deficit is seen around 1-1.5% of GDP during 2016-17

    Union Budget

    Main feature of this budget was its focus on agriculture and infrastructure sector.

    However, no change in income tax slab was announced. The Service Tax increased

    to 15% after imposition of which Cess of 0.5% as announced in the Budget? – Krishi

    Kalyan Cess 

    To Know: Budget 2016-17 proposed to

    impose a Cess, called the Krishi Kalyan Cess,

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    of 0.5% on all taxable services. The new effective Service Tax hence increased to

    15% from 14.5%.

     – The proceeds of Krishi Kalyan Cess would be exclusively used for financing

    initiatives relating to improvement of agriculture and welfare of farmers. The Cess

    will come into force with effect from 1st June 2016.

     – While presenting the Budget 2015-16, the Finance Minister had increased the

    Service Tax Rate from 12.36% to 14%. This new rate of Service Tax of 14% was

    applicable from 1 June 2015. Moreover from 15 Nov 2015, Swachh Bharat Cess of

    0.5% also got applicable. Therefore the effective rate of Service Tax is currently at

    14.5% with effect from 15 Nov 2015. This is now poised to reach 15% with the

    imposition of the Krishi Kalyan Cess.

     – Service tax is a tax levied by the government on service providers on certain

    service transactions, but is actually borne by the customers. It is categorized under

    Indirect Tax and came into existence under the Finance Act, 1994.

    -------------------------------------------

    India hits the highest oil imports during January 2016

    What important and interesting trend in India’s petroleum imports was witnessed

    recently as reported in the data released by Thomson Reuters Oil Research &

    Forecasts during February 2016?

    To Know: During January 2016 country import of oil from

    Saudi Arabia and Iraq hit the highest in more than a decade

    as OPEC’s top producers gained at the expense of Latin

     American crude exporting countries.

     – Saudi Arabia was the top supplier to India in January, with volumes jumping 29%

    from the same month a year ago to nearly 940,000 barrels per day (bpd).

     – Just behind was Iraq at 930,000 bpd, up 52% from January levels last year. The

    daily rates from both were at their highest since at least 2001.

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     – In contrast, total imports from Latin America fell by a quarter in January from a year

    ago to 706,000 bpd.

     – India is the world’s third-largest crude oil importer. Competitive prices and shorter

    shipping distances are giving the Middle East members of the Organization of the

    Petroleum Exporting Countries (OPEC) the upper hand in India.

     __________________________________

    Economy- Railway Budget

    Union Rail Minister Suresh Prabhu presented the Rail Budget for 2016-17 on 25

    February 2016. The main feature of the budget was that there was no increase in

    passenger as well as freight charges. The Rail Minister conceded that the impact of

    the 7th Pay Commission award will affect the Railways severely. What the proposed

    Operating Ratio is for 2016-17 as announced in the Budget? – 92% 

    To Know: Operating ratio is a measure of efficiency that

    denotes the amount spent for earning every Rs.100 of

    revenue. The lower the ratio, the better it is. It is a key figure

    to understand the operational efficiency of an organisation.

    The operating Ratio for 2015-16 was 90%. Thus it has deteriorated from 90% to

    92%. It means that the Railways will spend Rs. 92 to earn Rs. 100 in financial year

    2016-17.

    Railway

    Dedicated Freight Corridors

    Two new Dedicated Freight Corridors (DFCs) were announced in the Rail Budget

    2016-17. These new DFCs – North-South, East-West and East Coast, will connect

    which places respectively?

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    Railways

    An unreserved train ticket for travelling up to 199 km distance will no longer be

    valid after three hours of purchase of the ticket 

    To Know: Under the newly implemented rule, unreserved tickets for distances up to

    199 km, the journey has to be started from the originating station within three hours

    of the issue of tickets or up to the departure of first train for the destination whichever

    is later.

     – Apart from this, the return journey facility for distance up to 199 km for unreserved

    tickets has been withdrawn.

    Policy

    Policy

    The SEBI on 25 February 2016 relaxed mutual fund norms to allow asset

    management companies (AMCs) to invest unclaimed redemption and dividend

    amounts in separate liquid and money market schemes. What was the pertaining

    norm till now? – It was allowed to be parked only in call money market or money

    market instruments 

    To Know: At present, the money from unclaimed redemptions and dividends is

    allowed to be parked only in call money market or money market instruments. The

    Securities and Exchange Board of India (SEBI) on relaxed this rule and allowed the

     AMCs to invest unclaimed redemption and dividend amounts in separate liquid and

    money market schemes.

     – For the same AMCs would have to start such schemes specifically for deploying

    amounts unclaimed by investors. AMCs will, however, not be permitted to charge

    any exit load in such MF plans that are specifically launched to allow deployment of

    unclaimed amounts.

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     – In order to ensure AMCs play a pro-active role in tracing owners of the unclaimed

    amounts, the fund managers will be required to provide on their AMC websites a list

    of names and addresses of investors in whose folios there are unclaimed amounts.

    Abolish Surcharge on payment made through Debit & Credit Cards

    To Know: The move to abolish surcharge on payments made through debit and

    credit cards, or over internet, for public services aims at reducing cash transactions.

    This will help in increasing cashless transactions for public services.

     – Decision to promote debit/credit cards and digital payments will help check the

    menace of black money. Cashless transactions have been on the rise in India, but

    remain modest in comparison to cash payments.

     – Levy of surcharges on card payments is seen as one important reason for slow

    growth for card payments.

     _____________________________________

    Policy - Raisina Dialogue

    Indian Government on 1 March 2016 started a 3-day international event to

    consolidate its growing geo-political imprint. What is the name of this ambitious event

    which is featuring over 450 participants from 40 countries? – 

    To Know: ‘Raisina Dialogue’ is fashioned on

    the lines of the famous annual ShangrilaDialogue held in Singapore where world

    leaders descend to discuss strategic issues

    concerning the world. The event was

    inaugurated by External Affairs Minister Sushma Swaraj on 1 March in New Delhi

    and will conclude on 3 March 2016.

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    Sports

    Sports – Cricket

    Fastest ever century in Test cricket – Brendon McCullum (New Zealand) 

    To Know: Brendon McCullum struck the fastest ever test century on 20 February

    2016 against Australia as he reached the three-digit mark in just 54 balls on the first

    day of the second and final Test Match against Australia at Hagley Oval

    Christchurch.

     – This knock beat the mark of 56 balls set by West Indies great Sir Viv Richards

    against England in 1986, and equalled by Pakistan’s Misbah-ul-Haq in 2014.

     – What was important about this knock was this was the farewell Test for McCullum.

    This was the 101st Test for him and the century was the 12th of his career.

    Hockey (HIL)

    Jaypee Punjab Warriors - won the Hockey India League (HIL) title for 2016

    To Know: Chandigarh-based Jaypee Punjab Warriors (JPW) defeated Kalinga

    Lancers by 6-1 in the finals played at the Birsa Munda Hockey Stadium (Ranchi) on

    21 February to win the 2016 Hockey India League (HIL) title.

     – Armaan Qureshi, Matt Gohdes and Satbir Singh scored a field goal each for the

    Warriors while skipper Moritz Fuerste scored the Lancers’ lone goal of the match.

    The unique feature of the tournament was that each field goal counted for two.

     – It is worth mentioning that JPW had lost the final in the last two seasons. Kalinga

    Lancers had qualified for the knockouts for the first time in the HIL.

     – Hockey India League (HIL) is the top-most professional hockey league in India

    featuring top hockey players all over the world. It was first staged in 2013. This was

    the fourth edition of Hockey India League (HIL).

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    Tourism

    What is ‘Swachh Paraytan’ – Mobile App

    To Know: “Swachh Parayatan” is the name of the mobile app that was launched on

    22 February 2016 under the ‘Clean India – Clean Monuments’ initiative of the

    Tourism Ministry. Visitors can use the app to post photos of unclean tourist areas

    near 25 monuments.

     – 25 ‘Adarsh Smarak’ monuments protected by the Archaeological Survey of India

    (ASI) have been identified for inclusion in the app. The application would be scaledup to include more monuments as the campaign expands.

     – This mobile app enables a citizen to take photograph of garbage at the monument

    and upload the same along with his/her remarks. The application then sends an

    SMS to the ASI Nodal Officer concerned with the monument upon receipt of which

    the Nodal Officer gets the garbage cleared/removed.

    Defence

    Defence

    INS Arihant - India’s first (indigenously-built) nuclear armed submarine, ready to be

    inducted in the Indian Navy.

    To Know: India’s first nuclear armed submarine

    INS Arihant’s induction into the Indian Navy is

    now just a political call away as the submarine

    has successfully passed all sea-worthiness tests

    necessary for its formal induction.

     – The 6,000 tonne INS Arihant was built under the Advanced Technology Vessel

    (ATV) project at the Ship Building Centre (SBC) in Visakhapatnam (AP). The sea-

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    tests for the submarine were also conducted at Visakhapatnam. It is the first of five

    nuclear missile submarines or SSBNs planned for induction.

     – The submarine will be powered by an 83 megawatts (111,305 hp) pressurised

    light-water reactor with enriched uranium fuel.

     – At present, work is already in progress on two more Arihant class submarines at

    the SBC, Vishakhapatnam which will be larger and more advanced than the first

    boat.

    Policy - Disinvestment

    NTPC  – Government Started 5% disinvestment of its stake.

    To Know: 5% stake sale of Union Government in NTPC

    through the offer-for-sale (OFS) route was started from 23

    February 2016. The sale is expected to garner Rs. 5,029 crore

    at a floor price of Rs.122 per share.

     – The institutional bidders purchased shares on 23 February while retail investors

    will get opportunity to buy NTPC stocks on 24 February. The retail investors have

    20% of the shares reserved for them. The quota for institutional bidders was

    subscribed fully on the first day.

     – The government has been struggling to meet the disinvestment target of Rs.

    69,500 crore for the financial year 2015-16. With about 40 days left in the financial

    year, the government has managed to realise only Rs.13,330 crore through

    divestment which is less than 20% of the budgeted target.

     – Prior to this, the government divested its holdings in five other PSUs  – Rural

    Electrification Corporation (Rs.1,608 crore), Power Finance Corporation (Rs.1,671

    crore), Dredging Corporation of India Ltd (Rs.53.33 crore), Indian Oil Corporation

    (Rs.9,369 crore) and Engineers India (Rs.640 crore).

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    Automobile

    Renaming by Tata Motors

    Leading Indian automobile company Tata Motors renamed its new hatchback ‘Zica’

    following its resemblance to the Zika virus, as announced by the company on 22

    February 2016. What is this new name? –‘Tiago’ 

    To Know: The new name for Zica was selected following

    a crowdsourcing hunt for a new name. The company had

    decided to rename the car, which was showcased at the Auto Expo 2016 in New Delhi in February, following its

    similarity to the Zika virus

     – Tiago became the chosen name from the final three entries – Tiago, Civet and

     Adore – that were opened up for audience voting as part of the campaign to rename

    Zica. Libi Thomas was announced the winner of this campaign.

     – Tata Motors has decided to rename Zica on 2 February and had launched the

    contest (campaign) on 5 February 2016. The decision to re-brand the car was taken

    due to its resemblance with the ‘Zika’ virus that spread across many countries. The

    virus was put in the same category of concern as Ebola by the World Health

    Organisation (WHO).

    Banking

    Banking

    RBI & Euroclear agree to settle Indian government debt papers in overseas

    market.

    World’s largest securities settlement system Belgium-based Euroclear has agreed to

    a model suggested by the Reserve Bank of India (RBI) to settle Indian government

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    debt papers in overseas market. What will be the main benefit of employing this

    model of settling Indian debt overseas? – It will ensure that clearing of the debt

    happens in India using Indian brokers and custodians 

    To Know: Finance minister Arun Jaitley in the Union Budget 2014-15 had proposed

    allowing international settlement of Indian debt securities. Euroclear is in final

    negotiations with the finance ministry and the RBI to make Indian government debt

    securities Euroclearable in 2016-17.

     – Foreign institutional investors (FIIs) using Euroclear platform to trade in Indian debt

    securities will not have to register in India for clearing and settlement of their

    investments.

     – International trading and settlement will enable foreign investors to transact in

    Indian securities but settle in dollars or other international currencies, thereby

    increasing access and flexibility in order to widen the investor base.

    Electoral Reform

    Paper trail – base EVMs

    Which initiative pertaining to electoral reforms would be implemented in the 2019

    General Elections, as announced by Chief Election Commissioner (CEC) Nasim

    Zaidi on 23 February 2016?

    To Know: Polling for 2019 General Elections will

    be conducted through paper trail-based electronic

    voting machines to enhance transparency. This

    announcement was made by CEC Nasim Zaidi

    on 23 February 2016.

     – The paper audit trail machine or Voter Verified Paper Audit Trail (VVPAT) was first

    introduced by the Commission in 2013 in order to enhance transparency in the polls

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    process and increase electorate’s confidence that their vote goes without error to

    their desired candidate.

     – Once the vote is polled, the VVPAT linked EVM immediately takes a printout and it

    is preserved for later use to tally in case there is a dispute in the final result.

    …………………………………………………… 

    Information & Technology

    Internet search giant Google launched the much awaited customized search engine

    for children on 24 February 2016. What is the name of this search engine that will

    include features like safe search, kid-oriented results, big thumbnails, large fonts,

    and modified privacy settings? – ‘Kiddle’ 

    To Know: Entering the search site, one finds ‘Kiddle’

    written in the characteristic colourful Google style. There

    is also a red droid alien waiting to answer all queries.

     – Safe sites and pages written specifically for kids, which will be handpicked and

    checked by Kiddle editors, would usually be featured in the first three results.

     – The next rung would include safe, trusted sites that are not written specifically for

    kids, but have content written in a simple way, easy for kids to understand.

     – If the child the types something ‘unsuitable’ for  kids, one of Kiddle’s aliend droids

    would come hob-nobbing with the message “Oops, looks like your query contained

    some bad words. Please try again!” 

    Place

    Place – New York

    The Chinese capital Beijing has become the home to the most billionaires in the

    world as disclosed in a report released on 24 February 2016 by Hurun, a Shanghai

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    firm that releases yearly rankings. According to this report Beijing overtook which city

    to achieve this status for the first time? – New York 

    To Know:  According to Hurun’s latest report on number of billionaires worldwide,

    with as many as 100 Beijing billionaires, Beijing now has overtaken New York as the

    ‘World Billionaire Capital’. During the same period New York had 93 billionaires.

     – Beijing took the title from New York after minting 32 new billionaires last year, while

    New York gained four. Moscow came in third place, with 66 billionaires, while Hong

    Kong and Shanghai came in fourth and fifth with 64 and 50, respectively.

     – Mumbai had the highest number of billionaires in India while Mukesh Ambani,Chairman of Reliance Industries (RIL), once again emerged as the richest Indian

    with a personal wealth of $26 billion.

     – The study, which comes months after reports suggested China now has more

    billionaires than the United States, highlights how China’s elite are continuing to

    accrue vast wealth despite a wobbling stock market and tepid economy.

    ………………………………………………………………….. 

    Place - Bangladesh

    State-run power goods manufacturer Bharat Heavy Electricals Ltd (BHEL) on 28

    February 2016 sealed a $ 1.6 billion contract to build a huge power plant in a

    neighboring country, beating out a Chinese competitor.

    To Know: After years of negotiations, BHEL finalized

    the contract to build the 1,320-megawatt (MW)

    thermal power station in Khulna in southern

    Bangladesh on 28 February 2016. This contract is

    worth $1.6 billion.

     – It would be the biggest foreign project by an Indian power firm, eclipsing a plant

    already built in Rwanda and a planned one in Sri Lanka.

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    Balodabazar-Bhatapara district, about 130 km northeast of Raipur. Based on the

    exploration and available reports, the mine has an estimate reserve of 2,700 kg of

    gold metal.

     – The mine, also known as Sonakhan, was put up for auction by the Chhattisgarh

    state government. London-listed Vedanta Resources Inc. bagged the rights for the

    mine after it quoted the highest price to get it.

     – The company quoted the highest bid of 12.55% of the IBM price at Rs 74,712 per

    troy ounce (1 troy ounce = 31.10 gram) to win the gold mine. The auction would fetch

    Rs 80 crore to the state exchequer in addition to existing royalty.

    ……………………………………………………. 

    Place – Uttar Pradesh

    Food Security Act

    Implemented the Food Security Act across the state under which poor families will

    get wheat at Rs. 2 and rice at Rs. 3 per kg.

    To Know: Until now, only families under the Antyodaya scheme were being

    benefited in Uttar Pradesh and the families above and below the poverty line (APL

    and BPL) had to pay more.

     – The Food Security Act has been already implemented in UP’s 28 districts from 1

    January 2016 but from 1 March 2016 it is being spread across all the 75 districts of

    the state. The complete implementation of the act will only happen by April as some

    real time data at some districts are yet to be compiled.

    ……………………………………………………. 

    Place - Kozhikode (Kerala)

    India’s first gender equality convergence centre (called ‘Gender  Park’) was

    inaugurated by President Pranab Mukherjee in Kozhikode.

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    To Know: Spread over 24-acres, complex has been christened as the “Thantedam

    Gender Park”. The foundation stone of the park was laid on 8 March 2013. 

     – ‘Gender  Park’, an initiative of Kerala’s Social Justice Department, was inaugurated

    on 27 February. It seeks to bring together the state, academia and civil society on a

    common platform to address gender issues.

     – A dedicated gender Institute at the park would focus on research and capacity

    development in ensuring an inclusive society. The institute would cover issues

    pertaining to all three genders as per the 2015 gender and transgender policies of

    the state government.

    ……………………………………………………. 

    Kurubhat Chhattisgarh - Mission - National Rurban Mission

    To Know: The ‘National Rurban Mission’

    was launched by Prime Minister

    Narendra Modi at Kurubhat, a town in

    Rajnandgaon district of Chhattisgarh.

     – The term ‘Rurban’ used in the name of

    the mission is the culmination of rural and urban. The mission is expected to reduce

    pressure on the cities and provide a new avenue to the village people. It aims at

    curbing migration of youth from villages to cities.

     – Under the ‘National Rurban Mission’ 300 rural centers, catering to at least four

    adjoining villages each, will be developed as urban clusters with modern facilities.

    100 such centres are targeted to be developed this year itself. The mission was

    approved by the govt. during September 2015.

    (Photo Courtesy:  MapsofIndia)

    ……………………………………………………. 

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     – The BBB been set up at a time when public sector banks are grappling with a huge

    problem of bad loans with their collective gross NPAs (Non-Performing Assets)

    approaching Rs. 4 lakh crore level.

    Banking

     Appointment of First Chairman of the Banks Board Bureau –Vinod Rai 

    To Know: Vinod Rai, the former Comptroller and Auditor

    General (CAG) of India, became the first-ever Chairman of the

    Banks Board Bureau (BBB) on 28 February. It will give

    recommendations on appointment of directors in public sector

    banks and advise on ways to raise funds and mergers and acquisitions to the

    lenders.

     – The other members of the board include Anil K. Khandelwal, a former chairman of

    Bank of Baroda; H.N. Sinor, a former joint managing director of ICICI Bank Ltd; and

    Roopa Kudva, a former managing director of rating company Crisil Ltd. All the

    members and chairman will be part-time.

     – The tenure of Rai and other members of the board will be of two years. Besides

    these members, there will two representatives from the government: secretary,

    department of financial services of the finance ministry; and secretary, department of

    public enterprises. The deputy governor of the RBI will represent the central bank onthe board.

    Corporate

    UltraTech Cement Ltd. - to buy Jaiprakash Associates Ltd.’s cement plants for Rs.

    16,500 crore.

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    To Know: UltraTech Cement Ltd., part of the Aditya Birla group of companies, beat

    competition from domestic and international bidders for the cement assets of

    Jaiprakash Associates. The deal includes 12 plants whose capacity totals 22.4

    million tonnes a year.

     – UltraTech Cement is already the largest cement maker in the country and the deal

    will increase its installed annual capacity by one-third to 90.7 million tonnes. On the

    other hand the sell-off will provide JP with much-needed relief to pare its debts.

     – Jaiprakash, which has interests in roads, property and is best-known as the builder

    of India’s Formula One racing track, has been trying to sell its cement business to

    reduce debt and placate its banks.

    Entertainment

    88th Academy Awards

    The Revenant - Leonardo DiCaprio won his first Oscar as he won the coveted ‘Best

     Actor Award’ at the 88th Academy Awards on 28 February 2016.

    To Know: The Revenant is an American biographical movie set in

    1823 Montana and South Dakota.

     – Leonardo DiCaprio won his ‘Best Actor’ Oscar for his portrayal of the

    character of Hugh Glass in this film. The film also won the Best

    Director award for Director Alejandro González Iñárritu. This was the

    second consecutive Best Director award for Iñárritu. Best Actress award was son by

    Brie Larson for her role in ‘Room’. 

    Entertainment - Mad Max: Fury Road  - Emerged as the most successful film

    To Know: ‘Mad Max: Fury Road’ emerged as the most successful film in the award

    Oscar award ceremony 2016. It won six out of ten nominations.

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     – The awards won by the film however didn’t included major awards and it won Best

    Film Editing, Best Makeup and Hair Styling, Best Production Design, Best Costume

    Design, Best Sound Editing and Best Sound Mixing.

    Spotlight - Best Picture award at the 88th annual Academy Awards (Oscar Awards)

    To Know: ‘Spotlight’, an American investigative journalism drama directed by Tom

    McCarthy, created quite a flutter in the 88 th Academy Awards as it took the most

    prestigious Best Picture award by pipping ‘The Revenant’, which was considered the

    pre-award favourite.

     – The movie is based on The Boston Globe’s ‘Spotlight’ team’s investigations into

    cases of widespread and systemic child sex abuse in the Boston area by numerous

    Roman Catholic priests.

    Person

    Appointment - Rajendra Singh

    He becomes the first non-navy officer to head the Indian Coast Guard 

    TO Know: Rajendra Singh, the present additional DG of the force,

    will take over as the new DG of Indian Coast Guard on 29

    February 2016. He will thus become the first officer who is notfrom the Indian Navy to have been elevated to the position.

     – Till now it has been the tradition that the commissioned officers of the Indian Navy

    held the top post of Indian Coast Guards. Rajendra Singh will succeed Vice Admiral

    HCS Bisht who has been promoted as the Flag Officer Commanding-in-Chief of the

    Eastern Naval Command.

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     – Indian Coast Guard was established in 1978 with the objective of protecting India’s

    maritime interests and enforces maritime law, with jurisdiction over the territorial

    waters of India.

    Person

    New President of FIFA  – Gianni Infantino (Switzerland) 

    To Know: Gianni Infantino, the President of UEFA, succeeded

    fellow Swiss Sepp Blatter as President of world football’s governing

    body FIFA after he won the election held for the post on 26 February

    2016.

     – Infantino polled 115 votes, 27 more than closest rival Sheikh Salman bin Ebrahim

    al-Khalifa. Prince Ali bin al-Hussein (four votes) and Jerome Champagne (0) were

    third and fourth respectively. Second round of election was held as the first round of

    voting failed to determine an outright winner.

     – Infantino had entered the presidential race when it became clear that Michel

    Platini, boss of European football’s governing body UEFA, could not stand. 

    Appointment - HL Dattu

    The former Chief Justice of India, who was chosen as the next chairperson of the

    National Human Rights Commission (NHRC) on 23 February 2016 by a committee

    headed by Prime Minister Narendra Modi.

    To Know: A panel headed by Prime Minister Narendra Modi

    on 23 February 2016 selected former Chief Justice of India

    (CJI) H.L. Dattu for the post of the Chairperson of the

    National Human Rights Commission (NHRC). The meeting was also attended by Lok

    Sabha Speaker Sumitra Mahajan, Home Minister Rajnath Singh, leader of

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