Current Affairs Update – 26th August, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs Update of 26th August, 2015. These are important for the IBPS RRB Officer Scale I and IBPS RRB Office Assistant as well as IBPS Clerk 2015.

• PayU India on 25 August 2015 tied-up with online bus
  ticketing platform redBus to offer cash-back discounts to customers who use its
  wallet PayU Money to buy tickets.
• Today, around 50 percent of bookings on redBus are through
  the PayU Wallet. This tie-up is expected to increase the wallet customers from
  the current 5 million users to 20 million by 2015 end. However, payments on
  redBus can also be made with credit and debit cards, net banking and cash on
  delivery.
• Established in 2011, PayU India is part of Naspers Group
  which owns companies such as red-Bus, OLX and Goibibo.  The company is now forming similar alliances
  in the travel booking space and integrating with sites such as Makemytrip,
  Goibibo and Cleartrip.

• Australia’s BRIDGE Programme was in news in August 2015. The
  programme that is run by Australian Schools in collaboration with Indian
  Schools came in news on 24 August 2015 after Australia agreed to include
  Jawahar Navodaya Vidyalayas (JNVs).
• The agreement was reached during the 3rd Australia-India
  Education Council (AIEC) meeting held in New Delhi chaired by the Education
  Minister of both the countries.
• The Australia-India BRIDGE school partnerships project,
  which is currently confined to private schools, will connect Australian and
  Indian schools and focus on building teacher capability across key learning
  areas, including science, technology, engineering and mathematics, information
  and communication technologies, intercultural understanding, values and
  inclusive education.

• The Second Forum for India-Pacific Island Cooperation Summit
  was held on 21 August 2015 in Jaipur, Rajasthan.
• Besides the Prime Minister Narendra Modi, the summit was
  attended by heads of states and governments and key officials of the 14 pacific
  island nations of the group.
• During the summit the leaders discussed common areas of
  cooperation including marine resources exploration, oil and natural gas,
  mining, IT, health care, fishing, marine research and space collaboration,
  climate change, UN reforms.
• Further, Prime Minister Narendra Modi also held bilateral
  dialogue with various heads of governments on the sidelines of the summit.

• The Union government on 25 August 2015 launched a
  telemedicine initiative ‘Sehat’ in collaboration with Apollo Hospitals to
  provide healthcare facilities in rural areas.
• The initiative was launched by Union Communication and IT
  Minister Ravi Shankar Prasad at a function in New Delhi.
• Under the initiative people will be able to consult doctors
  through video link and also order generic drugs. It will also help in providing
  quality and affordable healthcare is one of the emerging needs for citizens in
  rural areas.
• The Common Service Centres (CSCs) have been delivering
  tele-consultation services with support from Apollo and Medanta Hospitals in
  some areas. These CSCs will also provide diagnostic services and promote sale
  of generic drugs through collaboration with Health Ministry by setting up Jan
  Aushadhi Stores.

• India and Egypt on 24 August 2015 signed two Memorandum of
  Understandings (MoUs) to enhance bilateral cooperation.
• They were signed in Egypt’s capital Cairo during the visit
  of External affairs minister Sushma Swaraj to Egypt and they were

• Aimed at enhancing bilateral cooperation in Tourism,
  Hospitality and Human Resource Development; Draw up a road map for enhancing
  cooperation; establish a Joint Working Group (JWG) on tourism cooperation.

• It was signed between the Council of Scientific and
  Industrial Research (CSIR) and the National Research Center (NRC) of Egypt.
• It will support promotion and extension of cooperation in
  Scientific Research and Technology Development in fields of mutual interest;
  Cooperate on common intellectual property rights; Develop Working Program to
  review the implementation of MoU; Establish Joint Committee; Exchange of
  scientists, scholars, information; Joint Research Programmes in water
  desalination, solar energy, medicine and affordable health care, setting up
  joint laboratories, etc.

• Rajasthan State Food and Civil Supplies Corporation (RSFCSC)
  and Kishore Biyani-led Future Consumer Enterprise Ltd (FCEL) on 20 August 2015
  inked an agreement to launch the Annapurna Bhandar Yojna, which is a Public Private
  Distribution Scheme, the first-of-its kind in India.
• The agreement was signed in presence of Vasundhra Raje,
  Chief Minister of Rajasthan in Jaipur.
• The agreement was signed with an aim to provide better
  quality multi-brand consumer goods at competitive prices to the public of the
  state through Fair Price Shops (FPS).
• Under the Yojna, Annapurna Bhandars will emerge as malls in
  rural areas of Rajasthan and in the first phase, the scheme would be
  operational through five thousand Fair Price Shops in the state.
• As a pilot run, this scheme was launched through five shops
  in Jaipur city and one at Udaipur by supplying multi-brand daily consumption
  products.

• Social entrepreneur and Nobel Peace Prize winner Muhammad
  Yunus of Bangladesh will guide Maharashtra on microfinance and how to revive
  dying Micro, Small and Medium Enterprises (MSMEs) in the State.
• On a special invitation extended by the State government,
  Mr. Yunus — the founder of Grameen Bank — will hold a discussion with top
  ministers and bureaucrats on September 6.
• Apart from sharing his experience , he is also expected to
  discuss the government’s thrust on a road-map for future development of the MSME
  sector in the State.
• At present, the State is suffering from the closure of high
  number of small scale industries. Out of the total number of 2.54 lakh, around
  30,549 units are closed for various reasons, ranging from lack of finance to
  unavailability of skilled labour.

• India will implement the Sendai framework for disaster risk
  reduction in letter and spirit, Union Minister of State for Home Kiren Rijiju
  said today.
• Inaugurating a workshop on ‘Enhancing Private Sector
  Partnership for Disaster Risk Reduction’ here today, Rijiju said India has
  upscaled its efforts to assist its neighbours and other countries in the field
  of disaster risk reduction.
• The ‘Sendai Framework for Disaster Risk Reduction 2015-2030’
  was adopted during the third UN World Conference on disaster risk reduction
  held in Sendai, Japan on March 14-18, 2015 where India was represented by Home
  Minister Rajnath Singh.
• The implementation of the Sendai framework involves adopting
  integrated and inclusive institutional measures so as to work towards
  preventing vulnerability to disaster, increase preparedness for response and
  recovery and strengthen resilience.

• ‘Jaisalmer War Museum’ established in the Military Station
  of Jaisalmer, Rajasthan was inaugurated on 24 August 2015. The museum was
  inaugurated by Lieutenant General Ashok Singh, General Officer Commanding in
  Chief of Southern Command to mark the Golden Jubilee Commemoration Year of 1965
  Indo Pak War.
• The War Museum is located 10 km short of Jaisalmer on the
  Jaisalmer – Jodhpur Highway.

• Ananth Padmanabhan was on 25 August 2015 appointed as the
  Chief Executive Officer (CEO) of HarperCollins India with effect from October
  2015. Padmanabhan succeeded P M Sukumar. 
• Padmanabhan will have overall responsibility for all
  divisions of the business and will report to Charlie Redmayne, CEO of
  HarperCollins UK. While the responsibility for running the day to day Collins
  India education business remains with Krishna Naroor.
• Presently, Padmanabhan is working as a Senior Vice President
  of Sales at Penguin Random House. He has a total of 20 years of experience in
  the publishing sector.

• Girish Sahni on 26 August 2015 assumed charge as the
  Director General of the Council of Scientific and Industrial Research (CSIR)
  with effect from the 24 August 2015. Additionally, Sahni will also serve as
  Secretary, Department of Scientific & Industrial Research, Union Ministry
  of Science & Technology.
• Previously, Sahni had been the Director of CSIR-Institute of
  Microbial Technology (CSIR-IMTECH), Chandigarh.
• Born on 2 March 1956, Sahni specializes in Protein
  Engineering, Molecular Biology, and Biotechnology. He is internationally
  recognized for his research contributions. He is Fellow of Indian National
  Science Academy, New Delhi; Indian Academy of Science, Bangalore, and NASI,
  Allahabad.

• For the first time in the history of weightlifting, an
  individual international tournament will be organised in India when it hosts
  the Commonwealth Youth, Junior and Senior Weightlifting Championships in Pune, Maharashtra
  from October 11-15.
• India will field 40 weightlifters- 11 youth (boys &
  girls), 16 junior (men & women) and 13 senior (men & women) in the
  Commonwealth Championships.
• Meanwhile, five weightlifters will take part in the 26 Women
  & 45 Men Senior Asian Weightlifting Championships to be held in Phuket,
  Thailand from September 3-12.
• Another two weightlifters will represent India in the 5th
  Commonwealth Youth Games to be held at Apia, Samoa from September 3-12.

Regards

Team ExamPundit

Sponsored

(adsbygoogle = window.adsbygoogle || []).push({});

Books For 2015 Banking/Insurance Exams