Current Affairs Update – 30th August, 2016

Hello and welcome to exampundit . Here are the important Current Affairs for 30th August, 2016. These are important for the upcoming IBPS PO VI Mains, Bank of Baroda and Bank of Maharashtra PO Exams.

Current Affairs at a Glance – 30th August, 2016

  1. Public sector Canara Bank said on Tuesday it has launched an Unified
    Payment Interface (UPI) app named “empower”
    . The mobile
    app works on NPCI (National Payments Corporation of India) platform and enables
    bank customers pay and collect using this single app, the bank said.
  2. India’s largest private sector
    lender ICICI
    Bank
    , announced the launch of ‘Unified Payments Interface’ (UPI) on
    two of its customer facing mobile banking applications – ‘Pockets’ and ‘iMobile’.
    The app is available for download on the android Play Store.
  3. India and the United States on 29 August 2016 signed Logistics Exchange Memorandum of Agreement
    (LEMOA)
    . The logistics agreement will enable the forces of the two
    nations to use each other’s bases for repair and replenishment of supplies.
  4. Prime Minister Narendra Modi on
    30 August 2016 launched the first phase of SAUNI (Saurastra Narmada Avataran Irrigation) project at
    Sanodara of Jamnagar district of Gujarat
    . SAUNI is a project that
    aims to solve the water problems of a parched Saurashtra.
  5. The Madhukar Gupta Committee on border protection submitted its report to the
    Home Minister Rajnath Singh on 29 August 2016.
  6. SBI Mutual Fund today said it has appointed Anuradha Rao as its Managing
    Director and Chief Executive
    .
  7. Noted filmmaker and actor
    Rajinikanth’s daughter Aishwaryaa Dhanush
    was on Monday appointed United
    Nations Women’s Advocate for Gender Equality and Women’s Empowerment in India
    .
  8. Microsoft on Tuesday announced that Bala Girisaballa will be leading Microsoft Accelerator in India as CEO-in-Residence.
  9. National Sports Day was observed across
    India on 29 August 2016
    . The day is celebrated to mark the birth
    anniversary of the legendary hockey player Dhyan Chand who was born on 29
    August 1905.
  10. Indian wrestler Yogeshwar Dutt’s bronze medal from
    the London Olympics has been upgraded to silver
    after second-place
    finisher late Besik Kudukhov of Russia was stripped off his medal for failing a
    dope test.
  11. Eminent author Padma Sachdev
    was awarded the prestigious Saraswati Samman for the year 2015
    for her autobiography ‘Chitt-Chete’ written in
    Dogri language. She was felicitated by Delhi’s Lt Governor Najeeb Jung in New
    Delhi on 29 August 2016.

Finance/Industry/Banking –
Canara Bank launches UPI mobile app “empower”

  • Public sector Canara Bank said on
    Tuesday it has launched an Unified Payment Interface (UPI) app named
    “empower”.
  • The mobile app works on NPCI
    (National Payments Corporation of India) platform and enables bank customers
    pay and collect using this single app, the bank said.
  • The mobile app is available for
    download from Google play store, the bank said in a release here, adding it was
    launched at the Board of Directors’ conclave on Monday.
  • According to the release, the app
    helps customers create a virtual payment address to pay and collect money from
    anyone without disclosing their account related information, link their bank
    accounts across banks in a single app, among other things.
  • Non-Canara Bank customers can
    also use this application to link accounts held in other banks and use it for a
    host of financial and non-financial services, the release said.
ICICI Bank goes live on Play Store with its UPI app

  • India’s largest private sector
    lender ICICI Bank, announced the launch of ‘Unified Payments Interface’ (UPI)
    on two of its customer facing mobile banking applications – ‘Pockets’ and
    ‘iMobile’. The app is available for download on the android Play Store.
  • UPI enables bank account holders
    (of banks participating in UPI) to send and receive money using a Virtual
    Payment Address (VPA) without entering additional bank account details.
  • UPI is available on ‘iMobile’,
    the bank’s mobile banking application for its customers and on ‘Pockets’, its
    digital bank for peer-to-peer and e-commerce payments for even non-ICICI Bank
    customers. Anyone, including non-ICICI Bank customers can access UPI by
    creating their VPA on ‘Pockets’.
India, US signed LEMOA

  • India and the United States on 29
    August 2016 signed Logistics Exchange Memorandum of Agreement (LEMOA). The
    logistics agreement will enable the forces of the two nations to use each
    other’s bases for repair and replenishment of supplies.
  • The agreement was signed in
    Pentagon during Defence Minister Manohar Parrikar’s visit to the US. The two
    leaders had agreed on the memorandum in principle when they last met in India
    in April 2016.
Highlights of the agreement

  • It makes joint operations easier
    and more efficient.
  • It does not allow each nation to
    set up bases on the other, but to use bases and equipment only for operating
    together when they choose to.
India, Myanmar signed four agreements to boost bilateral cooperation

  • India and Myanmar on 28 August 2016
    signed four Memorandum of Understanding (MoU) to enhance cooperation and
    bilateral relations between the two countries.
  • The pacts were inked after
    delegation level talks between Prime Minister Narendra Modi and visiting
    President of Myanmar U Htin Kyaw in New Delhi. President Kyaw was on a four day
    visit to India from 27 August to 30 August 2016.
The four agreements signed include

  • MoU on cooperation in the
    construction of 69 Bridges including AP Aproach Roads in the
    Tamu-Kyigone-Kalewa Road Section of the Trilateral Highway in Myanmar.
  • MoU on cooperation in the
    construction / upgradation of the Kalewa – Yagyi Road Section.
  • MoU on cooperation in the Field
    of Renewable Energy.
  • MoU on cooperation in the field
    of Traditional Systems of Medicine.
India –
PM Modi launches first phase of SAUNI project in Jamnagar, Gujarat

  • Prime Minister Narendra Modi on
    30 August 2016 launched the first phase of SAUNI (Saurastra Narmada Avataran
    Irrigation) project at Sanodara of Jamnagar district of Gujarat. SAUNI is a
    project that aims to solve the water problems of a parched Saurashtra.
  • Under the project, nearly 10 dams
    and reservoirs of Rajkot, Jamnagar and Morbi will be filled up with the water
    of Narmada River.
  • The 12000 crore rupees project
    will fill up nearly 115 dams of Saurashtra region which faces shortage of water
    for irrigation and drinking purposes.
  • Saruashtra, which comprises 11
    districts, faces drought like situation often and has been reeling under severe
    water scarcity due to scanty rainfall in the last two years. This project is
    considered to be an ambitious one for PM Modi. It was announced in 2012 when
    Modi was the Chief Minister of Gujarat.
Saurashtra Narmada Avtaran Irrigation Yojana (SAUNI Yojana)

  • Sauni Yojana has been launched to
    divert one MAFt excess over flowing flood water of Narmada allocated to
    Saurashtra Region. The excess over flowing flood water of Narmada will be
    distributed to 115 reservoirs of eleven districts of Saurashtra through total
    1126 km long four link pipelines benefitting 1022589 acre land.
These links are

  • Link 1 from Machhu-II dam of
    Morbi district to Sani Dam of Jamanagar District
  • Link 2 from Limbdi Bhogavo-II Dam
    of Surendranagar District to Raidi Dam of Amreli District
  • Link 3 from Dholidhaja Dam of
    Surendranagar District to Venu-I Dam of Rajkot District
  • Link 4 from Limbdi Bhogavo-II Dam
    of Surendranagar District to Hiran-II Irrigation scheme of Junagadh
Madhukar Gupta Committee on border protection submits report to MHA

  • The Madhukar Gupta Committee on
    border protection submitted its report to the Home Minister Rajnath Singh on 29
    August 2016.
  • The panel has made a detailed
    study on threat perception, field visits and made a detailed recommendations
    pertaining to strengthening of border protection on Indo-Pakistan Border. It
    studied security and threats at Border States of Gujarat, Rajasthan, Punjab and
    Jammu.
  • The Committee headed by former
    Home Secretary Madhukar Gupta was appointed on 5 April 2016 for strengthening
    border protection and addressing the issue of gaps and vulnerability in border
    fencing along Indo-Pakistan Border.
  • It was constituted three months
    after terrorists belonging to Pakistan-based terror group Jaish-e-Mohammed had
    breached the Indo-Pak border in Punjab and attacked the Pathankot airbase
    killing seven security personnel.
Sponsored

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

Appointments –
Anuradha Rao is MD, CEO of SBI Mutual Fund

  • SBI Mutual Fund today said it has
    appointed Anuradha Rao as its Managing Director and Chief Executive.
  • Prior to this, Rao was Deputy
    Managing Director at SBI handling New Business Portfolio. She has also worked
    as the Chief General Manager of personal banking at the bank.
  • Some of the key assignments
    handled by her include developing the home loans and real estate businesses at
    SBI.
  • She took charge from Dinesh Kumar
    Khara, who has been appointed Managing Director of State Bank of India
    (Associate & Subsidiaries).
Aishwaryaa Dhanush appointed U.N. Women’s advocate for Gender Equality

  • Noted filmmaker and actor
    Rajinikanth’s daughter Aishwaryaa Dhanush was on Monday appointed United
    Nations Women’s Advocate for Gender Equality and Women’s Empowerment in India.
  • Ms. Aishwaryaa’s appointment was
    announced by Lakshmi Puri, U.N. Assistant Secretary General and U.N. Women
    Deputy Executive Director.
  • Ms. Puri was quoted as saying
    that Ms. Aishwaryaa, also a dancer “inspires confidence in young women and
    girls across South India and beyond.”
  • On her part, Ms. Aishwaryaa said
    it would be an ‘honour’ to serve as U.N. Advocate for Women’s Empowerment.
Microsoft appoints Bala Girisaballa CEO-in-residence of Microsoft
Accelerator

  • Microsoft on Tuesday announced
    that Bala Girisaballa will be leading Microsoft Accelerator in India as
    CEO-in-Residence.
  • He took charge of the
    Accelerator’s India operations, with effect from August 1, 2016. Microsoft also
    announced that Ravi Narayan, Director, will now assume the role of Global Director
    at Microsoft Accelerator.
  • Girisaballa will lead the
    Accelerator’s efforts to help market-ready startups and entrepreneurs to scale
    up and become successful businesses through the technology enablement, global
    go-to-market efforts and deep business advisory in the form of Hi-Po and
    Scale-Up programs. Prior to this, he was with Zinnov as partner & practice
    head helping MNC R&D companies.
Days –
National Sports Day celebrated on 29 August

  • National Sports Day was observed
    across India on 29 August 2016. The day is celebrated to mark the birth
    anniversary of the legendary hockey player Dhyan Chand who was born on 29
    August 1905.
  • On this occasion, President
    Pranab Mukherjee conferred National Sports and adventure awards on sports
    person at the Rashtrapati Bhawan, New Delhi.
Winners of 2016 National Sports Awards are

  • Rajiv Gandhi Khel Ratna: The
    award is given for the spectacular and most outstanding performance in the
    field of sports by a sportsperson over a period of four years.
  • It was conferred on four sports
    person and they are PV Sindhu (Badminton), Dipa Karmakar (Gymnastics), Jitu Rai
    (Shooting) and Sakshi Malik (Wrestling).
  • Dronacharya Awards: The award is
    conferred on coaches for producing medal winners at prestigious international
    sports events.
  • It was conferred on six sports
    coaches and they are Nagapuri Ramesh (Athletics), Sagar Mal Dhayal (Boxing),
    Raj Kumar Sharma (Cricket), Bishweshwar Nandi (Gymnastics), S Pradeep Kumar
    (Swimming (Lifetime)) and Mahabir Singh (Wrestling (Lifetime)).
  • Arjuna Awards: The award is given
    for consistently outstanding performance for four years.
Sports –
Wrestler Yogeshwar Dutt’s 2012 London Olympics bronze upgraded to
silver

  • Indian wrestler Yogeshwar Dutt’s
    bronze medal from the London Olympics has been upgraded to silver after
    second-place finisher late Besik Kudukhov of Russia was stripped off his medal
    for failing a dope test.
  • According to Russian agency,
    flowrestling.Org, the four-time world champion and two-time Olympic medallist
    Kudukhov, who had died in a car crash in 2013 in southern Russia, was found to
    have used a banned substance in a test conducted by the World Anti-Doping
    Agency (WADA).
  • As a result, Yogeshwar, who had
    bagged a bronze medal in men’s 60kg freestyle category in the London Games, has
    now joined Sushil Kumar as the other silver medallist wrestler from the 2012
    Olympics.
  • Yogeshwar, who had bowed out in
    the first round of men’s 65kg freestyle at the recently concluded Rio Olympic
    Games, had lost to Kudukhov in the pre-quarterfinals at London. But once the
    Russian advanced to the final, Yogeshwar got another chance in the repechage
    round and went on to win bronze.
Awards & Honors –
Padma Sachdev gets Saraswati Samman for year 2015

  • Eminent author Padma Sachdev was
    awarded the prestigious Saraswati Samman for the year 2015 for her
    autobiography ‘Chitt-Chete’ written in Dogri language. She was felicitated by
    Delhi’s Lt Governor Najeeb Jung in New Delhi on 29 August 2016.
  • The 76-year-old poet and
    novelist’s autobiography, published in 2007, was shortlisted from 22 works
    written in as many languages published between 2005 and 2014.
  • Born in Jammu, Padma Sachdev is
    first modern woman poet of Dogri language.
  • She has published her several
    poetry collection including Meri Kavita Mere Geet that has won the Sahitya
    Akademi Award in 1971.

Regards

Team ExamPundit