Friday 1 January 2016

current affairs for ssc and bank exams

 India, Pakistan exchange lists of nuclear facilities

India and Pakistan have exchanged the list of their nuclear installations and facilities under the Agreement on the Prohibition of Attack against Nuclear installations. This exchange is done on 1st of January every year between the two neighbouring countries that bars them from attacking each other’s atomic facilities. This is the 25th consecutive exchange of such list between the two countries, the first one having taken place on 1 January 1992.

Vocalist Sanjay Subrahmanyam conferred 2015 Sangita Kalanidhi award

Foremost south Indian classical vocalists Sanjay Subrahmanyam has conferred with prestigious 2015 Sangita Kalanidhi award. The prestigious award was bestowed upon him by renowned mathematician Manjul Bhargava at 89th annual conference of the Madras Music Academy in Chennai, Tamil Nadu. With this, he became seventh artistes to be conferred with this award before completing 50 years of age. Others are Ariyakudi Ramanuja Iyengar, Musiri Subramania Iyer, Maharajapuram Viswanatha Iyer, Semmangudi R. Srinivasa Iyer, G.N. Balasubramaniam, M.L. Vasanthakumari and M. Balamuralikrishna

Union inks Financing Agreement with World Bank to fund education of minorities

The Union Government has signed a Financing Agreement of 50 million dollars with the World Bank for Nai Manzil Scheme- Education and Skills Training for Minorities. Under this agreement, the credit will be facilitated by the International Development Association (IDA), World Bank’s concessionary lending arm. This credit will be in the form of loan which carries a maturity of 25 years, including a 5-year grace period. The loan funds will be used for interventions under this scheme improve the employability and performance of minority youth in the labour market. The total project size is 100 million dollars, out of which 50 million dollars will be available as IDA credit and the remaining balance funding from the Union Budget.

India’s Petronet LNG ink revised contract with RasGas of Qatar


India’s biggest state owned gas importer Petronet LNG has signed a revised contract with RasGas of Qatar to import gas at a significantly lower price than earlier. Under the new contract, Rasgas will supply Liquefied Natural Gas (LNG) to Petronet at 6-7 dollar per million British thermal units (mmBtu) from January 1, 2016. It would supply to 7.5 million tonnes of LNG India until the long-term contract ending in April 2028 The new rate is sharply lower than 12-13 dollar per mmbtu agreed earlier and has been  revised after falling global prices of oil and gas, saving  consumers around Rs.4,000 crore.

Indian-origin cancer expert Harpal Singh Kumar knighted

n Indian-origin cancer research expert Harpal Singh Kumar was honoured with a Knighthood from Queen Elizabeth II for his influential work on prevention and treatment of cancer. Mr. Singh’s name has appeared in the 2015 New Year’s Honours list that includes several other Indian-origin individuals.

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