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[Current Affairs] 2016-April/P3: Places in News, BankingFinance GK, Gatimaan Express, Rajans Salary & more
controversies
Posted ByMrunalOn 10/05/2016 @ 12:50 pm In PIN | 17 Comments

Prologue

Places in News: April 2016

Gujarat related current affairs for GPSC

Maharashtra

Delhi, the den of Evil

Banking-Finance GK: April 2016 for SBI PO/JA

BizGK: April 2016 for MBA

Controversies in News: April 2016

Prologue

So far, part 1 and 2 covered the polity, diplomacy, appointment, movies, books, authors and sports
related news that happened in April-2016.

This third and last part of the series, covers places and controversies in news, as well as banking and
business GK.

Places in News: April 2016

Relevance: mostly for state services exams

Gujarat related current affairs for GPSC

Raivoli village Balasinor Taluk Kheda District- GSI had discovered dino remains in 80s, it has

potential to become UNESCO world Heritage site because it is the largest dino- egg hatchery in the

world. CAG criticized Gujarat government for not doing enough for protection and promotion of this
site.

Nalsaroar- is Ramsar Wetland Site (2012), CAG criticised Gujarat government for the rampant
poaching in this area.

Within General category: 10% quota for Economically backward classes- who earn less than 6 lakhs
a year.

state govt. passed a bill that provides CM-headed council to control all universities in the state.

National food security act implemented under the name of Maa Annapurna Scheme.
Imposed 5% Vat on interstate sale of industrial salt- the companies went on strike.

Gujarat religious polarization committee under Justice Sethna is winded up because no hearing or
progress since 2009.

Union government to merge Mahila Samakhya scheme with national rural livelihood mission

(NRLM); but Gujarat to continue this scheme. Gujarat had also started Nari Adalats under this
scheme, and that too will continue.

New bill by State government to oversee all university affairs through a statutory body headed by
CM. Now teaching and non-teaching staff can be transferred among the universities.

Maharashtra

Trupti Desai and her Bhumata Ranragini Brigade (BRB) allowed to enter in Shani Singhnapur temple,
after court order.Social activist Vidhya Bal had filled a PIL for entry of women in all temples of
Maharashtra.

New bill to regulate bar dance clubs in the state.

Marathwada consists of 8 districts: eight districts Aurangabad, Jalna, Beed, Parbhani, Latur,

Hingoli, Osmanabad and Nanded. In these areas, no new sugar mill will be allowed for next five
years.

Delhi, the den of Evil

What next? Shaktimaan Express to connect Kaladoonga Hills with Tamraj Kilvishs Den.
Indias fastest train Gatimaan Express to connect Delhi with Agra at speech 160kmph.
Odd-even vehicle policy starts again from 15th April, 2016.

Only CNG taxis allowed. No more diesel taxis in Delhi- orders SC.

Fire broke out at National Museum of Natural History- precious specimens destroyed

State government orders Taxi-app operators not to loot customers with surge pricing under which,
the taxi fares are rapidly increased during the peak demand situations, as in Odd-even time.
Other places in News

Became the fourth state to impose liquor ban after Gujarat, Nagaland, Mizoram. Both
Bihar

Desi and IMFL liquor is banned.

Civil consequences of crime: all civil and criminal convicts names will be displayed
on government site and theyll be barred from any government contracts or welfare
schemes.

Haryana

Chief minister Manohar Lal Khattar changed name of Gurgaon to Gurugram- because
Pandav had given it as Guru Dakshina to Dronacharya.
Earthquake above 7.0 ritcher scale.

Japan and
Equador

Capital: Ranchi. State government releases with new guideline on domicile.

Jharkhand

Largest Tricolor at Ranchi, stuck in the flagpole, army called in for help.
Indias largest private sector coal mine: @Sasan.

Worlds largest supercritical ultra-mega power project- @Sasan.

MP

First state in India to create a department of Happiness. (UAE- first country to create
a ministry of happiness.)

First ever auction of Diamond Mines: Panna.

Odisha

Indias most poor district Nabarangpur, will get a first government college.

Punjab

BSF to hoist tallest Indian flag (350ft) at Attari-Wagah joint check post.

Uttar Pradesh
Uttrakhand

Mizwan: birthplace of Shabana Azmis poet father- Kaifi Azmi. Shabana Azmis NGO
faces action for not paying entertainment tax in Maharashtra.
Presidents Rule imposed under Art. 356

W.Bengal

Garib Sal- traditional rice variety, contains silver and therefore medicinal properties.

Banking-Finance GK: April 2016

Relevance: upcoming Probationary officers and junior assistants exam in SBI

Axis bank
DBS
HDFC

insurance
Latest

FIPB approved 74% foreign investment in this private sector commercial bank.

Singapores largest bank. Got license to open foreign bank in India- itll be a Mobile
only Bank and parter with >500 cafes in India.

2000: HDFC ltd + Standard Life = HDFC life insurance Indias first private insurance
company was launched. Now HDFC ltd. Now this company to become first insurance
company in India to launch an IPO

monetary
policy
RBI

Covered in this lecture video

As per RTI, Rajans basic pay: 90k, DA: 1,01,700 and other allowance is Rs.7,000.

Total over 1.98 lakh rupees, but still hes not the highest paid executive in RBI. Will 7
Pay commissions recommendations apply to Rajanbhais salary? Find out in next

th

lecture.
SBI

Loan/credit card defaulters shall be ineligible to apply for jobs in SBI. SBI will use
CIBIL score and other records to ascertain a candidates financial record.

BizGK: April 2016

Relevance: mostly in MBA admission interviews

Ajay Banga
Bookmyshow
CII

F8 Conference

This Indian American is the CEO of Mastercard, Obama appointed him in National
cybersecurity commission.

Will offer customers to buy ticket now and pay within 30 days.
New president Naushad Forbes.

Facebooks annual conference- laid out 10 year roadmap with plans for chatbots,
3d camera and virtual reality.
IIM-B
Kris

Gopalakrishnan
Maruti
Mitsubishi
MTNL

NASSCOM
NSE
TCS

Ranked as top management institute in India, even ahead of IIM-A. As per HRD
Ministrys India Ranking report 2016.

Infosys co-founder, created app Itihasa containing 600 videos about history of
Indian IT industry.

Reported quarterly loss because of the Jat Agitation in Haryana and subsequent
delays in its production at Manesar and Gurgaon plants.

Admitted that it was involved in doing false mileage tests since 1991 to increase
sales.

Planning VRS for employees above 50 years age.

Tech Mahindras MD C.P.Gurnami became new chairman

Ex-CCI Ashok Chawla to be next Chairman of National stock exchange. Although

SEBI approval required for this appointment.

Tata Consultency services has built highest no. of school toilets under Swatchha
Vidhalaya Abhiyan.

Controversies in News: April 2016

Relevance: Interviews and some really bogus PCS /clerical grade exams
Bangla

Hardcore Islamist groups are murdering bloggers -who write against Islam, in favor

Dilma Rouseff

Faces impeachment for masking budget problems.

Bloggers

of atheism or Christianity.

Muslim Uighurs of Xinjiang province have been running a secessionist movement

against China since 90s.

Dolkun Isa

In Munich, theyve setup World Uighur Congress. Its chairman Dolkun Isa wanted to
visit India to meet Dalai Lama

But Indian Government cancelled his visa after pressure from China- that Dolkun
Isa is a terrorist.
Iceland
IITs

Capital Reykjavik, PM Sigmunder David Gunnlaugsson resigned after Panama

Paperleak on money laundering.

Increased annual fees for General category -from 90k to 2 lakh. Women and
reserved categories exempted.

In tax administration, inversion is process of moving company abroad to reduce

Inversion

taxes. US Drugmaker Pfizer was planning to merge with an Ireland company to

reduce its tax liability by 1 billion dollar each year but Obama administration
prevented it.

Iphone
Jacob Zuma

FBI wanted to unlock a Pak-American Terrorists Iphone but Apple didnt help

despite court order. If wrong password given for 10 times, phone will automatically
delete data. Ultimately, FBI bought a third party tool to unlock the device.

Pres of South Africa (Capital is Johannesburg). He is accused of corruption,

Opposition parties demanding his resignation.

Khalida Zia

Ex PM and head of Bangladesh Nationalist party, accused of planning bomb attack

Kulbhushan

Indian arrested in Pakistan for spying charges. Interview posted on TV where he

Jadhav

Malegaon

bombing, 2009
Masood Azhar

Mithun
Mossack
Fonseca

NIT Srinagar

on shipping minister.

confessed spying for India.

Nine Muslim accused acquainted.

India wanted UN sanctions on Masood Azhar- who is JeM boss and Pathankot attack
mastermind. But China blocked it saying Azhar doesnt meet UN criteria for
terrorism.

TMCs Rajya Sabha MP and Bollywood disco Star and flop actor Mimoh Chakrabartys
father Mithun Chakrabarty is in controversy because in last two years, he remained
present in the house only for three days.

Law firm in Panama city, helped in creation of shell companies for Ash, BigB, Harish
Salve and others. Indian Express exposed it.

Group of students thrashed after defeat of India in ICC T-20 World cup semifinal
and outstation students prevented from flying tricolor.

Shariya courts: JuD Hafeez Said established Darul Qaza Sharia courts in Lahore.
He maintains theyre not parallel to judiciary but only meant as arbitration,
Pakistan

although anyone who doesnt comply with its summons, is threatened with dire
consequences.

Chhotu Gang: this and many other Robin hood bandit gangs operate in the SindhPunjab region of Pakistan. Army started Blue Fox operation to weed them out.
Pankaja Munde
Rajanbhai
Retd. Air

Marshal SP
Tyagi

Tata Steel
Vijay Mallya

Maharashtra revenue minister- she was criticised for taking selfies during drought
inspection.

In IMF summit, RBI governor Dr.Raghuram Rajan says Indian economy is a one-

eyed king in the land of blinds. Commence minister Nirmala Sitharamn is outraged.
Later he apologized to the Blind, saying theyre also capable.

Indicted for bribes in Italys Agusta-Westland VVIP chopper deal.

Its steel plant at Port Talbot in Welsh (UK) is making losses, deciding to shutdown,
Trade union demanding government to nationalize the steel sector.

Non bailable warrant under prevention of money laundering act for IDBI loan fraud
case.

External Affairs ministry revoked his passport under Passport Act.

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