Current Affairs of 21 January 2016

Daily Current Affairs contains all major news that occurs National and International Level.It will helpful for those students who are preparing for Bank Exams- IBPS/SBI/PO/Clerk exam , SSC Exams and all other competitive exams .

Current Affairs of 8 December 2015

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1.Ravi Chellam took charge as Executive Director of Greenpeace India
1. Noted environmentalist Ravi Chellam  took charge as the Executive Director of Greenpeace India, a Non-Government Organisation (NGO).
2. Chellam succeeds former Executive Director Samit Aich, who had resigned in June 2015 following an internal review of the organisation's handling of two sexual harassment cases.
About Ravi Chellam
• Chellam is a wildlife biologist and conservation scientist by training. 
• He has undertaken governance roles in various conservation organisations. 

2. Union Government, World Bank signed Financing Agreement for Bihar Kosi Basin Development Project
1. The Union Government and World Banksigned the Financing Agreement for World Bank (IDA) assistance of 250 million US dollars for Bihar Kosi Basin Development Project.
2. The Financing Agreement was signed by Raj Kumar, Joint Secretary, Department of Economic Affairs, Union Government and Onno Ruhl, Country Director in India, World Bank. 
It is a loan for an implementation period of 5 years. Bihar Government will be the implementing agency.
3. Highlights of the Bihar Kosi Basin Development Project
• The objective of the project is to enhance resilience to floods and increase agricultural production and productivity in the targeted districts in the Kosi River Basin.
• It aims to enhance Bihar’s capacity to respond promptly and effectively to an eligible crisis or emergency. 
• The primary beneficiaries will be rural producers and households in the Kosi River Basin who are regularly exposed to floods. 
• It has five components: (i) Improving Flood Risk Management; (ii) Enhancing Agricultural Productivity and Competitiveness; (iii) Augmenting Connectivity; (iv) Contingent Emergency Response; and (v) Implementation Support.

3. PM Narendra Modi released book titled The Z Factor written by Subhash Chandra 
1. The Prime Minister Narendra Modi  released a book titled The Z Factor: My Journey as the Wrong Man at the Right Time in New Delhi.
The book is the autobiography of the promoter of Essel/ Zee Group Subhash Chandra.
2. It is a candid memoir of a ‘truly desi’ self-made businessman who came to Delhi at age twenty with seventeen rupees in his pocket.Now, Subhash Chandra has a net worth of 6.3 billion US dollars and annual group revenues of about 3 billion US dollars.

4.Uttar Pradesh won 2014-2015 Syed Mushtaq Ali Trophy
1. Uttar Pradesh  won its maiden Mushtaq Ali T20 Trophy with a 38-run win over two- time champions Baroda in the final played at the Wankhede Stadium in Mumbai.
2. It was Uttar Pradesh’s ninth straight win in the tournament, including five in the preliminary league phase and three more in the super league stage.
About Syed Mushtaq Ali Trophy
• The Syed Mushtaq Ali Trophy is a Twenty20 cricket domestic championship, named after a famous Indian cricketer, Syed Mushtaq Ali.
• It is organized by Board of Control for Cricket (BCCI), among the teams from Ranji Trophy.

5. SEBI released report of Narayan Murthy-panel on Alternative Investment Policy
1. The Securities and Exchange Board of India (SEBI) released the first report of the Alternative Investment Policy Advisory Committee (AIPAC) for comments from the stakeholders.
2. The 21-member committee was constituted by the SEBI in March 2015 under the chairmanship of N R Narayan Murthy, co-founder of Infosys, to suggest measures for development of the alternative investment funds (AIFs) and startup eco-system in the country.
3. The recommendations of the committee are founded on the following principles
• Ease of doing business is important
• Fund managers have the role of “Prudent Men”
• Adopt global best practices, and where necessary, innovate the “next” (best) practice
• Clarity, consistency, and certainty in tax policies
• Harmonisation and consistency across different regulators
• AIFs should at least have parity with public market funds in tax policies

6. ISRO, Kuwait Institute signed MoU on cooperation in space exploration
1. The Indian Space Research Organization (ISRO) and Kuwait Institute of Scientific Research (KISR) signed a Memorandum of Understanding (MoU) on cooperation in the exploration and use of outer space for peaceful purposes.
2. Highlights of MoU
• It will allow use of data from Indian Remote Sensing (IRS) satellites by KISR for initiating a few research and application projects.
• It will also enable Training and Building and launching of remote sensing and communication satellites on commercial terms.
• It will provide impetus to explore newer research activities and application possibilities in the field of remote sensing; satellite communication; satellite navigation and exploration of outer space. 
• It will lead to developing a joint activity in the field of application of space technology for the benefit of humanity. 
• It will lead to setting up of a Joint Working Group from ISRO and KISR which will work out the plan of action including the time-frame and the means of implementing this MoU.

7.2015 is Earth’s warmest year since 1880: NOAA
1. The globally averaged temperature over land and ocean surfaces for 2015 was the highest among all years since modern record keeping began in 1880.
2. It was revealed by the National Aeronautics and Space Administration (NASA) and the National Oceanic and Atmospheric Administration (NOAA) on 20 January 2016 after an independent analysis.
3. Key facts related to global climate patterns in 2015
• During 2015, the average temperature across global land and ocean surfaces was 1.62°F (0.90°C) above the 20th century average.
• This was the highest among all 136 years in the 1880–2015 record, surpassing the previous record set in 2014 by 0.29°F (0.16°C) and marking the fourth time a global temperature record has been set this century.
• 2015 is also the largest margin by which the annual global temperature record has been broken. 
• Ten months had record high temperatures for their respective months during the year. The five highest monthly departures from average for any month on record all occurred during 2015.
• Record warmth was broadly spread around the world, including Central America, South America, Europe western Asia, Siberia, regions of eastern and southern Africa, equatorial Pacific, a large swath of the western North Atlantic, most of the Indian Ocean and parts of the Arctic Ocean.
• During 2015, the globally-averaged sea surface temperature was 1.33°F (0.74°C) above the 20th century average. This was the highest among all years in the 1880–2015 record, surpassing the previous record of last year by 0.20°F (0.11°C).
• According to data from NOAA analyzed by the Rutgers Global Snow Lab, the average annual Northern Hemisphere snow cover extent during 2015 was 9.5 million square miles. 
• This was the 11th smallest annual snow cover extent since records began in 1968 and smallest since 2008. The first half of 2015 saw generally below-normal snow cover extent, with above-average coverage later in the year.

8. Amitabh Bachchan, Priyanka Chopra replace Aamir Khan as 'Incredible India' brand ambassadors
1. The selection of the two actors follows the Centre's decision to discontinue the contract of actor Aamir Khan, who had angered the BJP-led government with his remarks on perceived intolerance in the country. Khan had promoted Indian tourism for a decade as the brand ambassador.
2.  A number of multi-disciplinary icons, including famous sports personalities, were shortlisted by the tourism ministry to be the face of the 'Incredible India' campaign.

9. RBI asks banks to stop Rs 1,000 notes without security thread
1. The RBI today said it has received complaints about notes of Rs 1,000 denomination without the security thread being in circulation and has asked banks not to issue them in case these are found.
2. The Reserve Bank has informed all the banks in Mumbai region not to issue such notes if found in stock and to provide exchange value to the customer who approaches with such a note, if it is otherwise genuine.