Today's Current Affairs 6th october 2016

Current Affairs: October 6, 2016

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October 6, 2016

India, Singapore sign three agreements

India and Singapore have signed three agreements

(MoUs) in the fields of skill development and IPR to

boost bilateral relations between them. These

agreements were signed in New Delhi during

Singapore Prime Minister Lee Hsien Loong’s official

state visit to India.

MoU in the field of Industrial Property Cooperation: It was signed between Department of

Industrial Policy & Promotion (DIPP) and Intellectual Property Office (IPO), Singapore.

MoU on collaboration in the field of Technical and Vocational Education and Training: It

was signed between National Skill Development Corporation (NSDC) and ITEES Singapore.

MoU on collaboration in the field of Technical and Vocational Education and Training: It

was signed between Government of Assam and ITEES Singapore. Besides, delegation-level

talks headed by Prime Minister Narendra Modi and Singapore Premier Lee Hsien Loong were

also held in New Delhi.

Union Government launches Indian Bridge Management System

The Union Ministry of Road Transport and Highways

has launched the Indian Bridge Management System

(IBMS). It was launched by Union Minister of Road

Transport and Highways Nitin Gadkari in New Delhi



as a major step towards ensuring safety of bridges in the country. IBMS is being developed to

create an inventory of all bridges in country and rate structural condition of the bridges. The

rating will help for their timely repair and carrying rehabilitation work based on the criticality

of the structure. IBMS is the largest platform in the world owned by a single owner, with

database that could exceed one lakh fifty thousand bridge structures.

Aadhaar card must for LPG subsidy after November 2016

The Union Government has made Aadhaar card

mandatory for availing cooking gas (LPG) subsidies

after November 2016. In this regard, the Union

Petroleum Ministry has asked Oil marketing companies

(OMCs) to facilitate enrollments of Aadhaar of the

consumers to avail the subsidy. Currently, the

government gives 12 LPG cylinders at subsidised rates per household in a year. The subsidy on

every LPG cylinder is transferred directly into bank accounts of individuals who then buy the

cooking fuel at market rates. The LPG subsidy is an expenditure incurred from Consolidated

Fund of India. The use of Aadhaar as identifier for delivery of government services/subsidies/

benefits will simplifies the delivery processes of government.

RBI cuts repo rate by 25 bps in 4th Bi-monthly Monetary Policy Statement

The Reserve Bank of India (RBI) in its fourth bi-monthly

monetary policy review for year 2016-17 has cut the repo

rate by 25 basis points to 6.25%. This monetary policy

decision was taken by the newly constituted Monetary



Policy Committee (MPC). This was also Urjit Patel’s maiden monetary policy announcement as

RBI Governor. All the six members of MPC unanimously decided to cut key policy rate with the

aim of achieving a midterm inflation target of 4% within a band of plus or minus 2%. With this,

RBI moved away from tradition of RBI governor having the final say on monetary policy

decisions.

British trio David Thouless, F Duncan M Haldane and Michael Kosterlitz win 2016

Nobel Prize in Physics

British trio of physicists David Thouless, F Duncan M Haldane and Michael Kosterlitz have

won the 2016 Nobel Prize in Physics. They will

share the 8 million Swedish kronor prize. The

Royal Swedish Academy of Sciences has selected

them for their individual researches on

theoretical discoveries of topological phase

transitions and topological phases of matter.

Their research work centres on Topology, a branch of mathematics involving step-wise changes

like making a series of holes in an object. For example when matter goes from solid to liquid to

gas different phases are obvious, but materials can also undergo topological step changes which

affect their electrical properties. Such changes can be seen in a superconductor, which at low

temperatures conducts electricity without resistance.



Nayanjot Lahiri wins 2016 John F Richards Prize

History writer Nayanjot Lahiri has won the prestigious 2016

John F. Richards Prize for her book Ashoka in Ancient India.

The prestigious prize will be bestowed upon her at the

American Historical Association (AHA’s) 131st Annual

Meeting to be held in Denver, Colorado in January 2017. Her

book Ashoka in Ancient India has been critically acclaimed for its riveting account of an

emperor Ashoka. She had deftly adjudicated between textual, archaeological, and geographical

evidences to offer a dazzling interpretation of Ashoka and the ancient world.

Today's Current Affairs 6th october 2016

Education

Transcript of Today's Current Affairs 6th october 2016