Current Affairs Update – 28th August, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs Of 28th August, 2015. These are Important for the upcoming IBPS RRB Office Assistant and IBPS Clerk 2015.

• The Union Minister of Environment, Forest and Climate Change
  Prakash Javadekar on 27 August 2015 launched an e-payment module to accept
  compensatory amount for diversion of forest land in the country.
• This e-payment module will cut delays and bring transparency
  in the system which is meant for collecting fund from user agencies which diver
  forest land for non-forest purpose.

• The payment through the e-payment module has to be made to
  the designated account, depending on the State in which the forest land
  proposed to be diverted is located.
• The deposit of compensatory levies through the e-portal will
  be optional till 31 August 2015.
• However, the payment of compensatory levies by User Agencies
  will be accepted only through the e-module from 1 September 2015.
• With the activation of the e-payment portal, no payments
  will be accepted other than through the portal, unless specifically ordered by
  Ad-hoc CAMPA.
• Initially, payments will be permitted through two modes
  Online challan mode through RTGS and NEFT and Offline challan mode.

• Anil Dhirubhai Ambani Group’s Reliance Communications Ltd.
  (RCoM) was on 27 August 2015 entered into an agreement with the USA based
  Jasper Technologies, Inc. to offer Internet of Things (IoT) services in India.
• The services are expected to be rolled out by 30 September
  2015.
• Enterprises and individuals in India will be offered IoT
  services to launch and manage business activities and monitor individual
  behavioural patterns. Further, it will help businesses to build, implement and
  go to market faster, while gaining real-time visibility, control and service
  reliability he said.
• RCoM will provide or install chips that can relay feedback
  to its data centres for processing and appropriate action.

• With a focus on countering black money, India and Germany
  have decided to continue to exchange tax-related information spontaneously on
  the basis of the existing agreements.
• This was agreed upon a meeting between Indian delegation led
  by the Revenue Secretary, Shaktikanta Das, and the State Secretary of Germany,
  Johannes Geismann, in Berlin recently. A Finance Ministry statement, issued
  here on Friday, said that it was also agreed to explore other possibilities of
  enhancing information.
• It was decided to resume negotiations on partial revision of
  the Double Taxation Avoidance Agreement (DTAA) with a view to bring the
  provisions relating to exchange of information to international standards. Now,
  both sides will meet here next month and effort would be to agree on a final
  version to ensure that it is signed soon.
• This meeting between the Indian and German authorities was
  in furtherance of Government’s policy of proactive engagement with other
  countries for exchange of information to counter the menace of tax evasion and
  stashing of black money abroad.

• The government today approved six new proposals, including
  four from IT and ITeS sector, for setting up of Special Economic Zones (SEZs).
• The decision was taken by the Board of Approval (BoA) for
  SEZ, chaired by Commerce Secretary Rita Teaotia, a Commerce Ministry official
  said.
• The proposals which got the approval include those of HCL IT
  City Lucknow, Loma IT Park Developer and North Mumbai International Commodity
  Township.
• HCL IT City Lucknow and Loma IT Park Developer have proposed
  to set up IT/ITeS zones in Lucknow and Mumbai, respectively.
• The Commerce Ministry is taking steps to increase exports as
  the country’s shipments in the last four financial years have been hovering
  around USD 300 billion.
• SEZs account for about 25 per cent of the country’s total
  exports.

• Aurangzeb Road in Lutyen’s Delhi will soon be known as APJ
  Abdul Kalam Road with the New Delhi Municipal Council (NDMC) today giving its
  nod in this regard.
• Following the former President’s demise last month, there
  had been a demand from many sections of the society for dedicating a road after
  him as a token of love and tribute to the “missile man”.
• Aurangzeb road begins at the Taj Mansingh hotel near India
  Gate and joins Safdarjung Road near the official residence of the Prime
  Minister.

• Manipur Government on 27 August 2015 handed over 336.93
  acres of land at Yaithibi Khunou in Thoubal district to Union Ministry of Youth
  Affairs and Sports for construction of National Sports University.
• Earlier in first week of August 2015, a central team headed
  by Sports Secretary visited the site and identified it as the first preference
  for establishment of the University. They visited the site after Union
  Government announced its plan to set up a University in the state.
• The University will introduce B.PEd, MPEd,
  diploma/certificate courses, physiotherapy, fitness, sports management, sports
  journalism and others.

• Samsung Electronics has introduced a first-of-its-kind
  initiative in Bengaluru that would delight smartphone users who are constantly
  faced with battery drain during the course of their workday.
• The Korean mobile phone manufacturer, which enjoys 40 per
  cent market share in value and 33 per cent in volume in the country, has
  installed solar-powered mobile charging stations in front of five Samsung smart
  cafes across the city for customers to get their phone battery recharged for
  free.
• The locations are CMH Road, Indiranagar; Total Mall,
  Sarjapura Road; Sahakaranagar, Malleswaram and Vijayanagar.
• The solar charger is installed on a 10-foot-high pole
  fixture with a charging dock at 4ft height and can be used by eight people
  simultaneously to charge their smartphones on the go.

• Air India’s Hockey team on 27 August 2015 won the Guru Tegh
  Bahadur Hockey title. In the finals played at the MHA-Mahindra Stadium in
  Mumbai, Air India defeated defending champions Army XI 3-1 via the penalty
  shoot-out after the two teams were deadlocked goalless in regular play.
• Air India regained the title after seven years. Last time,
  it won the title in 2008.
• Air India’s goalkeeper Adrian D’Souza won the Player of the
  final Award from the tournament’s organizers, Mumbai Hockey Association
  Limited. Army’s goalkeeper Najmudeen was declared as the Best Goalkeeper in the
  tournament.

• Jamaican sprinter Usain Bolt on 27 August 2015 won the 200
  meter title at the 2015 World Championships in Athletics held at Beijing in
  China.
• Bolt completed the race in 19.55 seconds surpassing his
  American rival Justin Gatlin who completed the race in 19.74 seconds.
• Earlier, on 23 August 2015, he also won the 100 metre gold
  against the same rival Justin Gatlin.

• South African skipper AB de Villiers on 26 August 2015
  became the fastest batsman to reach 8000 One Day International (ODI) runs. He
  achieved the fete during the third ODI against New Zealand in Durban which
  South Africa won by 62 runs to claim the series, 2-1.
• De Villiers, who went past 8000 runs in just his 182
  innings, broke the previous record held by former Indian captain Sourav
  Ganguly.
• Ganguly achieved the fete in 200 innings and Sahin
  Tendulkar, the leading run-scorer in ODIs achieved it in 210 innings.
• De Villiers currently holds the record for the fastest
  half-century, fastest century and the fastest 150 in ODIs.

• Balachandran M has been re-appointed the Non-Executive Chairman
  of National Payments Corporation of India (NPCI) for a further period of two
  years.
• He assumed office as Non-Executive Chairman two years back
  following the resignation of former NPCI Chairman N. R. Narayana Murthy.
• Balachandran incidentally has served as Chairman &
  Managing Director of Bank of India, Director-IBPS, and Nominee Director of the
  RBI to the board of NPCI before his appointment in NPCI.
• The Corporation has grown in the last two years,
  particularly in RuPay card, immediate payment service (IMPS), and Aadhaar-based
  electronic transfer systems

• A monumental moment in Greek politics happened Friday when
  Vassiliki Thanou, president of the country’s Supreme Court, was sworn in as the
  first female prime minister in the nation’s history. The 65-year-old justice
  was named to head a caretaker government until the country holds early
  elections next month.
• After a final effort to get political party leaders to form
  a coalition led by former Energy Minster Panagiotis Lafazanis failed, President
  Prokopis Pavlopoulos was obligated to appoint a caretaker administration.
• The date for Greece’s general elections—the fifth in six
  years—is to be officially announced in the next few days, but it is likely to
  be scheduled for Sept. 20, according to Greek political analysts.

• Dr Kandakatla Manohar was on 27 August 2015 appointed as the
  Director of Nizams Institute of Medical Sciences (NIMS) of Hyderabad. His
  appointment was approved by the Telangana Government. He succeeded Dr L
  Narendranath.
• Manohar is a native of Penchikalapeta of Warangal district
  and is working as the Superintendent of the MGM Hospital in Warangal.

• Noted Indian agriculture scientist Dr Modadugu Vijay Gupta,
  who has done pioneering work in aquaculture in India, Bangladesh and several
  Southeast Asian countries, was today awarded the first Sunhak Peace Prize which
  he shared with the President of Kiribati Islands.
• Mr Gupta, 76, shared the USD 1 million prize with President
  of Kiribati Islands Anote Tong in Seoul at a glittering function which was
  attended by invitees from all over the world.
• Mr Tong, 63, the head of the Pacific Ocean island nation
  which is facing dire prospects of being engulfed by rising sea waters by 2050,
  was chosen for the award for his dogged fight to end the carbon emissions which
  are spelling doom for small island nations.
• Billed as an alternative to the Nobel Peace Prize, the
  awards were presented by South Korean religious leader Dr Hak Ja Han Moon, the
  wife of late Rev Sun Myung Moon, who instituted the awards to recognise and
  highlight the work of individuals making big efforts for the betterment of the
  people.

• Lionel Messi added another individual trophy to his
  collection Thursday, being voted UEFA’s Best Player in Europe for last season.
• The Barcelona star beat Luis Suarez, his teammate at the
  Champions League winner, and Real Madrid’s Cristiano Ronaldo in a Europe-wide
  poll of journalists.
• Messi, the four-time FIFA world player of the year, got the
  UEFA honor after a season-long duel with Ronaldo for the Champions League
  scoring record. Both resume this season on 77 goals.
• Suarez, who scored the decisive second goal in the 3-1 final
  win over Juventus in June, reached the shortlist despite starting his season in
  late-October. The Uruguay forward served a FIFA ban for biting at the 2014
  World Cup.

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