Current Affairs Update – 12th July, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 12th July, 2015. These are very important for the upcoming SBI PO Mains and RBI Assistant 2015 Exam.

• Voicing grave concern over rising trend of extremism and
  terrorism worldwide, India and Kyrgyzstan on Sunday signed four agreements
  including one to boost defence cooperation and hold annual joint military
  exercises.
• The two countries also agreed to expeditiously consider
  signing an agreement on “combating international terrorism and other
  crimes”.

1. Agreement on Defence
   Cooperation: To deepen cooperation between India and Kyrgyzstan in matters
   relating to defence, security, military education and training, conduct of
   joint military exercises, exchange of experience and information, exchange of
   military instructors and observers etc.
2. Memorandum of Mutual
   Understanding and Cooperation in the field of Elections: To deepen
   cooperation in matters relating to legislation on elections and referendums,
   modern systems and technologies, rights of elections process stakeholders as
   well as other issues of election administration. Signing of this MoU would
   build technical assistance and capacity support for the election commissions in
   electoral management and administration leading to a further strengthening of
   bilateral ties between India and Kyrgyzstan.
3. MoU between Ministry
   of Economy of Kyrgyzstan and Bureau of Indian Standards (BIS) on cooperation
   in the sphere of Standards.
4. Agreement on
   Cooperation in Culture: To deepen cultural cooperation between India and
   Kyrgyzstan in areas such as preservation of cultural heritage, organisation of
   folk arts, theatre, youth festivals and cooperation in of publishing and
   translation of literature, sports and physical culture, exchange of archival
   materials, history, geography etc.

• Prime Minister Narendra Modi, who arrived on Saturday night
  as part of his eight-day six-nation tour to Central Asia, emphasised the need
  to combat terrorism and extremism which he described as a threat without
  borders.
• Seeking a peaceful and secure neighbourhood amidst threat of
  terrorism and extremism, India and Kyrgyzstan on Sunday signed four agreements
  including one on bolstering defence cooperation and holding annual joint
  military exercises.
• Prime Minister Narendra Modi, who arrived here on Saturday
  night as part of his eight-day six-nation tour to Central Asia, emphasised the
  need to combat terrorism and extremism which he described as a threat without
  borders.
• Noting that the bilateral defence ties are strong, he said a
  joint exercise ‘Khanjar 2015’ has just been completed.

• Kishore Biyani-led BigBazaar and mobile payments platform
  MobiKwik has inked an exclusive tie-up to allow the retail firm’s customers to
  pay for purchases using mobile wallet facility.
• The tie-up will be extended to other Future Group entities
  like Central, Brand Factory, Home Town and e-Zone in the coming quarter.
• “MobiKwik wallet users can pay through their mobile at any
  BigBazaar payment counter by sharing their registered MobiKwik mobile number
  and an one-time-password (OTP) for verification of the transaction,” MobiKwik
  said in a statement.
• This cashless and card-less shopping experience is now live
  across over 240 Big Bazaar stores across India, it added.
• The tie-up is a part of MobiKwik’s offline retail expansion
  strategy, under which the company aims to tie up with 1.5 lakh offline stores
  and facilitate payments for 100 million users by 2015-2016.
• MobiKwik’s partners include names like Cafe Coffee Day,
  WHSmith, PVR, Domino’s, Pizza Hut, Myntra, Jabong, MakeMyTrip, Yatra,
  BookMyShow, JustEat, eBay, ShopClues and Pepperfry.

• US taxi-hailing app Uber Technologies on Sunday said it will
  accept payments through credit cards from its riders in India.
• The service will start from July 13 and customer could now
  pay for all Uber rides using international and Indian credit cards, the company
  said.
• It will be available to all Android users immediately while
  iOS users would be able to avail of this service in the coming weeks, it said.
• Following RBI regulations, there shall be two factor
  authentication flow built in to the app, and customers would have to enter online
  banking pin or one-time password before company could charge the fare to
  customer’s card, Uber said in a statement.
• Earlier, the company had run into regulatory hurdles with
  Reserve Bank raising objections to its payment system as it had not included
  the two-step authentication process. Uber was then asked to comply with the
  regulatory norms.
• Following the RBI order, Uber changed its payment method and
  partnered with an India-based virtual wallet provider, Paytm.
• The company said it will accept all major credit cards
  issued by Mastercard, Visa and American Express.

• India’s longest road tunnel, being built on Jammu-Srinagar
  National Highway, will be opened for general traffic in July next year and
  would reduce the distance between the two cities by 30 kms.
• Road Transport and Highways Minister Nitin Gadkari will
  visit Udhampur on Monday to witness “the final blast ceremony” where the
  National Highway Authority of India (NHAI) engineers will drill a hole through
  the final section of the tunnel between Chenani and Nashri.
• The 9.2 km tunnel is part of 286 km-long four-laning project
  of the Jammu-Srinagar national highway.
• Once this tunnel becomes operational it will reduce the
  traffic jams on National Highway-1A that occur due to snowfall and avalanche in
  winter at Patnitop, Road Transport and Highways Ministry said in a release.

• Union Minister of Science and Technology and the minister
  for the Ministry of Earth Science (MOES) Dr. Harsh Vardhan, inaugurated the
  12th International Symposium on Antarctic Earth Sciences (ISAES) at a function
  in Goa today.
• Scientific sessions are scheduled for five days from 13-17th
  July 2015. Speaking on the occasion he said, Indian scientific expeditions to
  the continent hosting the southernmost frozen continent began nearly 35 years
  ago considering the fact that nature does not recognize political boundaries.
• Prof. Jeronimo Lopez-Martinez, President, Scientific
  Committee on Antarctic Research (SCAR), was the guest of honour on the
  occasion.
• The Themes for the Symposium include Antarctica and
  Supercontinent Evolution, Antarctic Surface Processes, Landscapes, and Links
  with Cryosphere and Climate, Antarctic Solid Earth Structure and Interactions
  with the Cryosphere: Antarctica, the Southern Ocean, and Evolution of Climate
  and the Global Cryosphere, amongst others.
• The International symposium on Antarctic Earth Sciences
  (ISAES) is a SCAR-initiative aimed at showcasing Antarctic geoscience research,
  taking stock of the accomplishments of the International fraternity and
  providing guidance for future studies.
• In its 50-year history, Japan has been the only Asian
  country to hold it with India being bestowed the honor to host the 12th such
  International symposium now.

• Indian tennis star Sania Mirza scripted history by becoming
  the first from the country to win a women’s doubles Grand Slam trophy as she
  lifted the Wimbledon title with Swiss partner Martina Hingis after a stunning come-from-behind
  triumph, here.
• Twelve years after turning Pro, 28-year-old Sania laid hands
  on her first women’s doubles Major title when she and Hingis battled past the
  second seeded Russian team of Ekaterina Makarova and Elena Vesnina 5-7 7-6 (4)
  7-5 in a thrilling final.
• In what can be considered an interesting coincidence, it was
  at these very historic courts that Sania had won the women’s doubles junior
  Wimbledon championship with Russian partner Alisa Kleybanova in 2003.
• Sania had come close to winning a women’s doubles Major in
  2011 when she reached the French Open final with Elena Vesnina but ended up
  runners-up.
• The trophy added to the list of firsts that Sania has
  against her name. She had become India’s first woman player to win a Grand Slam
  when she won the Australian Open with compatriot Mahesh Bhupathi in 2009.
• She later added the French Open (2012 with Bhupathi) and US
  Open (2014 with Bruno Soares) to her mixed doubles collection.

• Novak Djokovic defends his ‪Wimbledon
  title and is a nine-time Grand Slam champion.
• The world No.1 defeated Roger Federer 7-6, 6-7, 6-4, 6-3.

• India rode on a solid all-round performance, to comfortably
  crush Zimbabwe by 62 runs in the second One Day International, thereby taking
  an unassailable 2-0 lead in the three-match cricket series.
• Batting first, India scored a decent 271 for eight in 50
  overs, largely due to a 112-run opening stand between Murali Vijay (72) and
  skipper Ajinkya Rahane (63), who hit patient half-centuries to set up a
  fighting target.
• In reply, Zimbabwe managed to score only 209 in 49 overs, as
  the bowlers maintained their stranglehold on the opposition throughout the
  entire duration of the hosts’ innings.
• Losing three wickets in the first 11 overs including skipper
  and last match’s centurion Elton Chigumbura (9) turned the match decisively in
  India’s favour.
• Chamu Chibhabha (72, 100 balls) top-scored, but that was
  never going to enough for the home team to cross the finishing line in this
  match.

• Malala Yousafzai told world leaders they were failing
  Syria’s children, as the Nobel Peace Prize winner spent her 18th birthday today
  on the Syrian border.
• As she became an adult, the teenager, who was shot by
  militants in her native Pakistan for campaigning for girls’ rights, opened a
  school for more than 200 Syrian girls living in refugee camps in Lebanon’s
  Bekaa Valley.
• The Malala Yousafzai All-Girls School will offer education
  and skills training to girls aged 14 to 18.
• “I am honoured to mark my 18th birthday with the brave
  and inspiring girls of Syria,” Yousafzai said in a statement received in
  London.
• The Pakistani teenager, who settled in Birmingham after
  being flown to Britain for treatment for gunshot wounds in 2012, also announced
  a new grant of $250,000 to support Unicef and UNHCR refugee programmes in
  Jordan.
• The co-winner of the 2014 Nobel Peace Prize said she felt
  honoured to spend her birthday – the third annual Malala Day – with “brave and
  inspiring” girls from Syria.

• China’s national capital Beijing has announced plans to
  build a new administrative center adjacent to the city to address growing
  traffic woes while promising to limit its population to 23 million people.
• The city would speed up construction of a “subsidiary
  administrative center” while promising to limit its population to 23
  million people, an official announcement said here today at a key meeting of
  the ruling Communist Party of China.
• During the meeting, a guideline was passed on promoting the
  integration of Beijing with its neighbouring Hebei Province and Tianjin
  Municipality.
• The city’s “subsidiary administrative center”
  would be “focused” on Tongzhou, a suburban district to the southeast,
  and its construction must have “remarkable progress” by 2017,
  according to the guideline.
• The guideline also said the city must stick to its
  population control target of 23 million people. The city’s total population
  stood at 21.5 million in 2014, according to official data, state-run news
  agency Xinhua reported.

Regards

Team ExamPundit

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