Current Affairs& GK for Banking/SSC Exams- 29th September 2016

Dear Readers, we are presenting Daily Current Affairs for All Exams- 29th September 2016.

 Daily Current Affairs
Daily Current Affairs for All Exams- 29th September 2016

1. Union Cabinet approves ratification of the Paris Agreement

1. The Union Cabinet has given its approval to ratify the Paris Agreement (on Climate Change) on Gandhi Jayanti i.e. on 2nd October 2016. The Paris Agreement was adopted by 185 nations in December 2015. India had signed the agreement in New York in April 2016. So far, 191 countries have signed the agreement.
2. The Paris treaty on Climate Change will come into force when 55 countries contributing to 55 % of total global emission ratify the agreement. So far, 61 countries have deposited their instruments of ratification, approval or acceptance accounting in total for 47.79% of the total global greenhouse gas (GHG) emissions.

2. World’s first three-parent baby born in Mexico

1. The world’s first three-parent baby boy was born in Mexico to a Jordanian couple with the help a controversial new fertility technique that incorporates DNA from three people in the embryo. 2. The ‘three-parent’ technique also known as Mitochondrial donation (Mitochondrial Replacement Therapy) allows parents with rare genetic mutations to have healthy babies.

3. 29 September: World Maritime Day

1. The World Maritime Day is observed across the world on 29 September to highlight the importance of shipping safety, maritime security and the marine environment. Several events are organised to mark this day by the International Maritime Organization (IMO), member Governments, maritime industry etc. 2. 2016 Theme: “Shipping: indispensable to the world”. The theme focuses on the critical link between shipping and global society. It also raises awareness of the relevance of the role of IMO as the global regulatory body for international shipping.

4. Union Cabinet approves India-Singapore MoU in the field of Industrial Property Cooperation

1. The Union Cabinet on 28 September 2016 approved the Memorandum of Understanding (MoU) between India and Singapore in the field of Industrial Property Cooperation. 2. The MoU will be signed between India's Department of Industrial Policy and Promotion and the Intellectual Property Office of Singapore (IPOS) during the visit of Singapore’s Prime Minister to India from 4-7 October 2016. 3. Highlights of the MoU • It will enhance bilateral cooperation activities in the arena of Industrial Property Rights of Patents, Trademarks and Industrial Designs. • It is intended to give a boost to innovation, creativity and technological advancement in both regions. • It includes exchange of best practices, experiences and knowledge on Intellectual Property awareness among the public, businesses and educational institutions of both countries.

5. Union Cabinet approves closure of Hindustan Cables Limited

1. The Union Cabinet on 28 September 2016 gave its approval for closure of Hindustan Cables Limited (HCL), Kolkata. 2. The approval was given as per the provisions of the Companies Act, 1956/2013, Industrial Disputes Act, 1947 and other relevant Acts. 3. The employees of the company will be offered attractive VRS/ VSS Package at notional 2007 pay scales and other employees’ related liabilities including payment of salary and wages from April 2015 till they are separated from the Company on VRS/VSS will be settled as well.

6. WHO declares Region of the Americas as Measles free

1. The World Health Organisation (WHO) on 27 September 2016 declared the Region of the Americas as Measles free. The declaration came during the 55th Directing Council of the Pan American Health Organization/World Health Organization (PAHO/WHO). 2. With this, the Americas became the first in the world to have eliminated measles, a viral disease that can cause severe health problems, including pneumonia, blindness, brain swelling and even death.

7. Cuba and Russia sign agreement on Peaceful Nuclear Cooperation

1. Rosatom, Russian state nuclear agency, and Cuba's Ministry of Science on 27 September 2016 signed an agreement on cooperation in the field of peaceful atomic energy use. 2. The deal was signed by Rosatom Deputy CEO for International Relations Nikolai Spassky and Cuban Deputy Science Minister Jose Fidel Santana.
3. Key highlights of the agreement • The deal was signed on the sidelines of the International Atomic Energy Agency (IAEA) General Conference in Vienna. • The deal lays the basis for further Russian-Cuban cooperation in different fields of peaceful atomic energy use, from agriculture to training nuclear specialists.

8. Indian women's Kabaddi team wins gold in Asian Beach Games

1. Indian women’s Kabbadi team on 28 September 2016 bagged gold medal at the 5th Asian Beach Games. In the summit clash played at Bien Dong Park in Danang, Vietnam, the team defeated Thailand 41-31.
2. This was fifth gold in succession for the Indian team. The Indian women's kabaddi team had been winning the gold since the inception of the biennial Games in 2008. For Thailand, it was the fifth time in a row they had lost to India in a final.

9. India to invest $2 billion in Sri Lanka

1. India is going to invest 2 billion dollars in Sri Lanka in the next three-four years. It was announced by Union Minister for State (MoS) Commerce and Industry Nirmala Sitharaman during her visit to Sri Lanka. 
2. She had visited Sri Lanka for talks on the Economic and Technological Cooperation Agreement (ETCA) to discuss the terms of the agreement.

10. Union Cabinet gives approves Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

1. The Union Cabinet has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 and Varistha Pension Bima Yojana (VPBY) 2014. The Cabinet also granted approval for expenditure incurred on subsidy amount released to LIC for the both schemes.
2. VPBY was launched on 14th July, 2003 and was open till 14th August, 2015 and VPBY was launched on 14th August, 2014. 
3. Both the schemes are closed for future subscriptions. These schemes were implemented through Life Insurance Corporation of India (LIC). Both are pension schemes intended to give an assured minimum pension to Senior Citizens based on an assured minimum return on the subscription amount. The pension is envisaged until death from the date of subscription, with payback of the subscription amount on death of the subscriber to the nominee.