Current Affairs 11th July 2016

NSE unveils online bidding platform for gold bond issuance

 

• To facilitate orderly trading in sovereign gold bonds, top stock exchange NSE has introduced online bid collection facility for such issuances
• The bourse has received approval from the Reserve Bank of India (RBI) to act as a receiving office for sovereign gold bond (SGB) issuances
• So far, three tranches of the bonds have been issued amounting to about Rs 1,322 crore and the fourth one is expected by July 18
• The bonds will carry an interest rate of 2.75 per cent (fixed rate) per annum on the amount of initial investment
• Interest is to be paid half-yearly and the last interest will be payable on maturity, along with the principal. PTI SSM NRB ARD ABM RDS

About NSE:

• The National Stock Exchange of India Limited is the leading stock exchange of India, located in Mumbai
• NSE was established in 1992
• CEO of NSE: Chitra Ramkrishna

Important Question for Competitive Exam from this Current Affairs:

1. Which Institute unveils online bidding platform for gold bond issuance: a)BSE b)NSE c)SEBI d)RBI

source: the hindu businessline

CEO: World Bank to extend $290 mn credit for Bihar's JEEViKA II

• Centre, Bihar government and World Bank today signed a USD 290-million credit agreement to help improve livelihood opportunities for poor rural households across 300 blocks and 32 districts of the state
• Bihar Transformative Development Project, also known as Jeevika II, will mobilise rural population into self-help groups (SHG) and higher level federations and help them gain access to markets, public services and a range of financial services from formal financial institutions
• In line with the emerging priorities and JEEViKA's already significant experience, the new project will scale up farm and non-farm value chain interventions including setting up of women-owned farmer producer companies
• The Bihar government has been implementing the Bihar Rural Livelihoods Project (JEEViKA), a World Bank supported programme for poverty alleviation, across six districts and 42 blocks of Bihar since 2007
• The credit is from the International Development Association (IDA), the World Bank's concessionary lending arm, with a maturity of 25 years, including a 5-year grace period

About World Bank:

• Headquarter: Washington, D.C., United States
• Established:1944

Important Question for Competitive Exam from this Current Affairs:

1. Bihar Government and _________signed a USD 290 million credit agreement to help improve livelihood opportunities for poor rural households: a)West Bengal b)Maharashtra c)Bihar d)Himachal Pradesh

source: business standard

• Cookbook author and food blogger Nimi Sunilkumar has bagged the Gourmand World Cookbook Award for 2015-16.
• She was conferred with this award for her cookbook '4 o’clock Temptations of Kerala'
• The cookbook is enriched with photos and details of 54 recipes from Kerala and each of these recipes are said to be specific to each district.
• It was chosen for the award in the ‘Best Indian Cuisine Cookbook’ section
• Nimi Sunilkumar has won award for the second time and earlier in 2013, her Lip-smacking Dishes of Kerala was selected third ‘Best Local Cuisine Book in the World’ category

Important Question for Competitive Exam from this Current Affairs:

1. Who won the Gourmand World Cookbook Award for 2015-2016: a)Nimi Sunilkumar b)Ritu Karmakar c)Anushka Rohatgi d)None of these

Srinivasan K. Swamy to be conferred with AAAI Lifetime Achievement Award

• Srinivasan K. Swamy awarded with life time achievement award by The Advertising Agencies Association of India (AAAI)
• Swamy is the chairman of R K Swamy Hansa, a prominent and well diversified marketing communications group. He has been active in various industry bodies working for the growth and development of the advertising industry

Important Question for Competitive Exam from this Current Affairs:

1. ________ awarded with life time achievement award by the advertising agencies association of India (AAAI): a)Srinivasan K. Swamy b)L. K Virendar Singh c)Preeti Shenoy d)Khushwant Singh

Aditya Puri named best banking CEO in Asia

• Aditya Puri, the chief executive and managing director of the second largest private sector lender HDFC Bank, has been ranked the best banking chief executive officer (CEO) in Asia by the investor community
• The bank’s chief financial officer (CFO) Sashi Jagdishan has been ranked the best CFO. HDFC Bank was also ranked the best IR company, thereby making it the most honoured one in the Institutional Investor magazine

About HDFC: 

• Headquarter: Mumbai
• Establishment: 1994
• Managing Director of HDFC Bank: Aditya Puri

Important Question for Competitive Exam from this Current Affairs:

1. ________ the chief executive and managing director of the second largest private sector lender HDFC Bank has been ranked the best banking chief executive officer (CEO) in Asia by Investor community: a)Archana Bhargava b)Arundhati Bhattacharya c)Aisha De Sequeira d)Aditya Puri

source: business standard

Bengaluru-based Startup Launches India's First Smart Glucometer

 

• Bengaluru based start-up Cooey Technologies has released India’s first IOT glukoglucometer that wirelessly syncs data with a smartphone by combining user-centric design and smart technology
• The Smart Glucometer is compact also pocket-sized device that is portable, connects to a smartphone using the 3.5mm headphone jack and transfers the readings automatically into the Cooey application
• The company offers three smart devices, which are available on Flipkart and Amazon -Smart Glucometer, Blood Pressure Monitors and Body Fat Analyzer – all of which connect seamlessly with the app

Important Question for Competitive Exam from this Current Affairs:

1. Which company has released India's first IOT glukoglucometer that wirelessly syncs data with a smartphone by combining user-centric design and smart technology: a)Cooey Technologies b)Vedanta Ltd c)Sun Pharmaceuticals d)None of these 

National Banana Research Centre to be set up in Bihar

The National Research Centre for Banana would be set up at Goraul in Bihar’s Vaishali district, Union Agriculture and Farmers’ Welfare Minister Radha Mohan Singh

The centre will be set up soon. The land for this purpose was allotted when Jitan Ram Manjhi was the Chief Minister

Important Question for Competitive Exam from this Current Affairs:

1. National Banana Research centre will be set up in: a)Bihar b)Himachal Pradesh c)Maharashtra d)Madhya Pradesh

source: indian express

Wimbledon 2016

The 130th edition of Wimbledon Championships was held at All England Lawn Tennis and Croquet Club in Wimbledon, London. It was played on grass courts.

Prize money: £28.1 million

Winners:

Men's Singles: Andy Murray(United Kingdom)

Women's Singles: Serena Williams(United States )

Men's Doubles: France Pierre-Hugues Herbert / France Nicolas Mahut

Women's Doubles: Serena Williams(United States) /  Venus Williams(United States)

Mixed Doubles: Heather Watson(United Kingdom) / Henri Kontinen(Finland)

Important Question for Competitive Exam from this Current Affairs:

1. Which tennis player won Men's singles title in Wimbledon Championships: a)Andy Murray b)Nico Rosberg c)Rafael Nadal d)Novak Djokovic

Lewis Hamilton wins the 2016 British Grand Prix

Lewis Hamilton took a dominant victory in a hectic British Grand Prix to cut team-mate Nico Rosberg's championship lead to one point.

Verstappen held on to second despite making his pit stop for dry-weather 'slick' tyres a lap later than the Mercedes drivers, rejoining about five seconds ahead of Rosberg on lap 18, Mercedes drivers ranked third

Important Question for Competitive Exam from this Current Affairs:

1. 2016 British Grand Prix won by: a)Nico Rosberg b)Lewis Hamilton c)Sebastian Vettel d)Max Verstappen

Portugal win Euro 2016 football championship

• Portugal were crowned as Euro 2016 champions by defeating France in the title clash portugalheld in Paris. 
• It was the 15 the edition of the tournament.
• Portugal win the trophy for the first time
• Portugal had a bad start as Cristiano Ronaldo was subbed in the 25th minute due to injury. But Eder scored in extra-time by the end 1-0 was the result in the final at the Stade de France to clinch their first major football title

About Euro 2016:

• Teams Participated: 24
• Venue(s) 10 (in 10 host cities)
• Runners-up France
• Top scorer(s): France Antoine Griezmann (6 goals)
• Best young player: Portugal Renato Sanches.

Important Question for Competitive Exam from this Current Affairs:

1. Which team was crowned as Euro 2016 champions by defeating France: a)Germany b)Italy c)Portugal d)Belgium 

World Population Day – July 11

World Population Day is celebrated at 11th July 2016.
Theme: Investing in teenage girls

Important Question for Competitive Exam from this Current Affairs:

1. The Theme of World Population Day 2016: a)Investing in teenage girls b)Investing in Social Justice c)The Harmony among people d)None of these