Dear Readers, we are providing Today's important current affairs of Competitive Exams specially for Bank and SSC.
> Current Affairs Booster of May 2016
Daily Current Affairs- 15 June 2016
1. Peter Thomson elected as President of 71st session of United Nations General Assembly
1. Fijian diplomat Peter Thomson has been elected as President of 71st session of United Nations General Assembly (UNGA). In the secret ballot election for the post, Peter Thomson defeated Andreas Mavroyiannis of Cyprus by 94 to 90 votes, with one abstention.
2. With this, Peter Thomson becomes the first representative from the Pacific island states to get elected for the largely honorific post in the UN’s 71-year history. Thomson will begin his tenure in September 2016 at the commencement of the 71st session of UNGA and will replace incumbent President Mogens Lykketoft.
2. Union Government launches Scheme for setting up 1000 MW Wind Power Project connected to CTU
1. Union Ministry of New and Renewable Energy (MNRE) on 15 June 2016 launched Scheme for setting up of 1000 MW Wind Power Project connected to Central Transmission Utility (CTU) transmission network.
2. The scheme has been launched with an objective to facilitate supply of wind power to the non-windy states at a price discovered through transparent bidding process.
3. The launching of the scheme is in line with the Union Government’s ambitious target of achieving 175 GW power capacity from renewable energy resources by 2022. Out of 175 GW, 60 GW will come from wind power.
4. Key features of the Scheme
• It envisages building of 1000 MW CTU-connected Wind Power Project on build, own and operate (BOO) basis.
• The capacity may go higher than 1000 MW, if there is higher demand from Discoms of non-windy states.
• Solar Energy Corporation of India (SECI) has been designated as nodal agency for implementation of the scheme.
3. Florida’s Stonegate Bank to issue first US credit card for use in Cuba
1. Florida-based Stonegate Bank issued a new credit card that will allow Americans to use it in Cuba during their visit to the country. The card will help the US visitors to avoid the Cuban 10-percent penalty on the dollar.
Pompano-beach based Stonegate is also the first US bank to introduce a debit card for use in Cuba.
2. The bank announced that US travelers will be able to use its Mastercard to charge purchases at Cuban state-run businesses and some private businesses, starting 15 June 2016.
Initially, the bank will issue only 1000 cards and each card will feature artwork by celebrated Cuban painter Michel Mirabal.
4. Vijay Mallya declared as Proclaimed Offender by Money Laundering Court
1. Businessman Vijay Mallya was declared as a Proclaimed Offender by a special court for the Prevention of Money Laundering Act (PMLA) in Mumbai in a loan diversion case.
2. The court issued proclamation under Section 82 of Criminal Procedure Code (CrPC) against Vijay Mallya.
3. The move came after the Enforcement Directorate (ED), an investigation agency under the Union Finance Ministry, on 10 June 2016 filed a petition over a case where Mallya is suspected to have diverted a 430 crore rupees loan given by IDBI Bank Ltd to his Kingfisher Airlines Ltd.
5. World Elder Abuse Awareness Day observed
1. World Elder Abuse Awareness Day was observed globally on 15 June 2016. The day is observed to voice against abuse and suffering inflicted on older people.
2. On this day, number of events is held across the globe to raise awareness of elder abuse and highlight ways to challenge such abuse.
6. Renowned Hindi writer Mudrarakshasa passes away
1. Distinguished Hindi writer, activist, thinker and cultural personality Mudrarakshasa passed away following a prolonged illness in Lucknow. He was 82.
2. Born in Behta near Lucknow in 1931, He graduated from Lucknow University and was then employed as Assistant Editor of Gyanodaya that was published from Calcutta from 1955 to 1958.
7. President Pranab Mukherjee receives highest civilian award of Ivory Coast
1. President Pranab Mukherjee has been presented National Order of the Republic of Ivory Coast, the highest civilian award of the West African country. The award was bestowed upon Pranab Mukherjee during his two days visit to Ivory Coast on the second leg of his three-nation African tour.
2. With this, Mr Mukherjee’s became the first Indian President to visit Ivory Coast. He was invited by Ivory Coast President Alassane Ouattara.
8. BHEL commissions 195 MW unit at Muzaffarpur
1. Public Sector Power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has commissioned 195 MW unit at Muzaffarpur Thermal Power Station in Bihar.
2. This is the second 195 MW unit to be commissioned by BHEL at the 2×195 MW Muzaffarpur Thermal Power Station Stage-II of Kanti Bijlee Utpadan Nigam Limited (KBUNL). KBUNL is a joint venture (JV) of NTPC (National Thermal Power Corporation) and BSPGCL (Bihar State Power Holding Company Limited). The first 195 MW unit was commissioned in March, 2015.