Current Affairs of 30 March 2016

Daily Current Affairs of 30 March 2016 for all competitive exams. Read Daily Current Affairs play important role in competitive exams.

Current Affairs of 26 March 2016

1. Htin Kyaw took oath as Myanmar's first elected President
1. Htin Kyaw was sworn-in President of Myanmar at a joint session of parliament in the capital Nay Pyi Taw.
2. With this, Aung San Suu Kyi's close aide Kyaw also became the first elected civilian leader to be the President of the country after 53 years of military rule. Army took power in a 1962 coup.
3. Htin Kyaw, 69, from the National League for Democracy (NLD) took over from Thein Sein, who introduced wide-ranging reforms during his five years in power.

2. Rakesh Mohan joined Nestle India Board as Independent Non—Executive Director
1. Nestle India Ltd. announced that former RBI Deputy Governor Rakesh Mohan joined the Board of the company as an Independent Non—Executive Director.
2. His appointment will be effective from 1 May 2016. For Rakesh Mohan, this is the second stint at the company.
3. He was on Nestle India’s board between April 2010 and October 2012 and had to relinquish it following his appointment as executive director at the International Monetary Fund (IMF).

3. Haryana launched Projecet Salamati for injectable contraceptive
1. The Chief Minister of Haryana Manohar Lal Khattar launched Project Salamati in Chandigarh. The project seeks to maintain a healthy balance between the births of children by using injectable contraceptive.
2. With this launch, Haryana became the first State in the country to launch injectable contraceptive as part of a government initiative.
3. Highlights of Project Salamati
• It is a public sector family planning programme implemented by the Haryana Health Department with the assistance of Pathfinder International and the Bill & Melinda Gates Foundation.
• Under this initiative, injectable contraceptive will be provided free of cost at all Primary Health Centres, Community Health Centres, Sub Divisional and District Hospitals.
• It seeks to improve sexual and reproductive health outcomes among women of reproductive age with a special focus on young women between 15 and 24 years of age.

4. China launched 22nd BeiDou navigation satellite

1. China launched its 22nd satellite for its BeiDou Navigation Satellite System (BDS). The satellite was launched aboard a Long March-3A carrier rocket from the Xichang Satellite Launch Center in the southwestern province of Sichuan.
2. The BeiDou system will be completed in 2020 and will comprise over 30 satellites.It was the 225th launch of the Long March carrier rocket.
3. BeiDou currently provides navigation services within China and the neighboring regions. After entering its designated work orbit and finishing in-orbit testing, it will join others available in the orbit.

5. Russia approves OVL’s deal to acquire 15% stake in Vankor oilfield

1. The Russian Government has approved a deal of ONGC Videsh Ltd (OVL) to acquire 15% stake in Vankor oilfield from Rosneft. The deal was signed between the OVL and Rosneft in September 2015 and is worth 1.3 billion US dollars. Vankor is Russia’s second biggest oil field with capacity of total 2.5 billion recoverable reserves barrels (or 500 million tonnes).
2. This deal is in addition to another deal that was signed in March 2016 between the OVL and three other oil companies. Both of these deals will help India to secure access to lucrative Russia’s oil market, while Rosneft in turn will through OVL gain access to the Indian market.

6. Playback Singer P. Susheela enters Guinness World Records
1. Renowned playback singer P. Susheela Mohan created a new world record for singing highest number of songs. She has now been recognised by both the Guinness Book of World Records for singing most number of songs in Indian languages. 
2. Guinness Book of World Records officially credited her for singing record 17,695 songs (solo, duet and chorus backed songs) in twelve Indian languages. Asia Book of Records also has recognised her for singing close to 17, 330 songs. It bestowed certificate and a badge of honour to the singer for the most number of single studio recordings.

7. India, World Bank sign $1.5 billion loan pact for Swachh Bharat Mission 
1. Government and the World Bank today signed a $1.5 billion loan agreement for the Swachh Bharat Mission (SBM) to support India's universal sanitation initiative.
2. The pact for the SBM Support Operation Project is to help the government in its efforts to ensure that all citizens in the rural areas have access to improved sanitation with a focus on changing behaviour and eliminating the practice of open defecation by 2019. 
3. SBM is the country's largest-ever drive to improve sanitation. It aims to end open defecation and improve the management of liquid and solid wastes. 
4. The loan from the International Bank for Reconstruction and Development (IBRD) has a maturity of 18 years including a grace period of 5 years. 

8. Nippon Life Insurance raises stake in Reliance Life to 49% 
1. Japan's Nippon Life Insurance increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per cent. 
2. Reliance Capital, the holding company of Reliance Life, received Rs 2,265 crore for the deal. 
3. Nippon Life's total investment has reached Rs 8,630 crore for acquiring 49 per cent stake each in Reliance Life Insurance and 4. Reliance Capital Asset Management. 
In March 2011, Nippon Life had picked up 26 per cent stake in the life insurance venture under Reliance Capital for Rs 3,062 crore. 

9. BHEL commissions 250 MW unit at Nabinagar plant

1. State-run power equipment maker BHEL has commissioned first 250 MW unit at coal-based Nabinagar thermal power plant of Bhartiya Rail Bijlee Company Ltd in Aurangabad district of Bihar.
2. The 250 MW unit has been commissioned at the upcoming, greenfield 1,000 MW Nabinagar Thermal Power Project (4x250 MW), being set up by Bhartiya Rail Bijlee Company Ltd (BRBCL), a joint venture of NTPC Limited and the Indian Railways.
3. BHEL has a long-standing partnership with NTPC and has supplied over 30,000 MW of the coal-based power plants of NTPC and its joint ventures that account for around 80 per cent of NTPC’s coal-based installed capacity.