Current Affairs Update – 5th and 6th December, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs Update of 4th December, 2015. These are important for the upcoming IBPS Clerk Mains and Insurance Exams.

• With a view to bring all relevant information regarding
  health insurance policies at one place, Irdai chairman T S Vijayan will launch
  here tomorrow a portal ‘Registry of Hospitals in Network of Insurers’ (Rohini).
• The portal will be having all the information like treatment
  facility, cost of treatment and cost of claims among others relating to the
  35,000 hospitals which are registered by Irdai-promoted Insurance Information
  Bureau (IIB). “It’s a unique initiative of Irdai which going forward will help
  insurance companies and hospitals and all the insured under various health
  insurance schemes to get all relevant data at one place,” Insurance
  Regulatory and Development Authority of India (Irdai) member Nilesh Sathe told
  PTI.
• Every hospital across the country connected with insurance
  companies for cashless payment on registration has been given a unique
  identification number under the initiative by Irdai so as to make IIB able to
  monitor the patterns of health insurance claims from all those hospitals.

• The Direct Benefit Transfer of LPG or PAHAL scheme, has been
  acknowledged by the Guinness Book of World records as the largest cash transfer
  programme in terms of number of households.
• The scheme won the achievement on June 30 when it crossed
  12.57 crore households. As on December 3, 14.62 crore households are part of
  the scheme.
• As on April 1, 2015, there were 18.19 crore registered LPG
  consumers and 14.85 crore active consumers implying a gap of 3.34 crore
  connections that were either duplicate, fake or inactive accounts and have now
  been blocked under PAHAL.

• Assisted e-commerce platform StoreKing has tied up with
  Indian Oil to provide its services across petrol bunks in tier III and rural
  areas across the country. The partnership will give StoreKing access to 25,000
  touch points across the country, out of which 7,500 are in rural locations.
• The program which is being piloted in Karnataka, will see
  the setting up of kiosks at petrol bunks where customers will be able to order
  for products online, pay for them and pickup deliveries. StoreKing and Indian
  Oil plan to setup 250 such centres across the state by March next year.
• StoreKing, which is trying to disrupt the e-commerce model
  in rural and semi urban areas shares between five and eight percent of the
  margins on each sale with franchise owners. While the tie up will help Indian
  Oil petrol bunk owners earn additional income, the oil company is looking at
  the partnership as a way to improve walk-ins.

• The Union Environment Minister Prakash Javadekar on 4
  November 2015 released the India State of Forest Report (ISFR) 2015. The report
  states that India’s forest and tree cover has been increased by 5081 sq km.
• The total forest and tree cover is 79.42 million hectare,
  which is 24.16 percent of the total geographical area. While the total forest
  cover of the country has increased by 3775 sq km, the tree cover has gone up by
  1306 sq km.

• The total carbon stock in the country’s forest is estimated
  to be 7044 million tonnes, an increase of 103 million tonnes.
• Majority of the increase in forest cover has been observed
  in open forest category mainly outside forest areas, followed by Very Dense
  Forest.
• While Open Forest area has increased by 4744 sq km, which is
  9.14 per cent of the geographical area.

• India has the “dubious honour” of being the second
  most ignorant nation in the world after Mexico, according to a survey which
  posed questions on issues like inequality, non-religious population, female employment
  and internet access.
• The survey conducted by Ipsos MORI, a London-based market
  research firm, polled 25,000 people from 33 countries and found that while
  people “over-estimate what we worry about”, a lot of major issues are
  underestimated.
• “Mexico and India receive the dubious honour of being
  the most inaccurate in their perceptions on these issues, while South Koreans
  are the most accurate, followed by the Irish,” the survey said.
• The rankings of the nations were based on the “Index of
  Ignorance” which was determined by questions about wealth that the top one
  per cent own, obesity, non-religious population, immigration, living with parents,
  female employment, rural living and internet access.
• Most Indians “underestimate” how much of their
  country’s wealth is concentrated in the hands of the top 1 per cent, the survey
  said, adding that the top 1 per cent actually own an “incredible” 70
  per cent of all wealth.

• Tata Trusts today announced it will be supporting US-based
  non-profit Khan Academy to provide free online education to Indians through one
  of the biggest open-access online platforms.
• Tata Trusts chairman Ratan Tata did not specify the
  aggregate value of resources which will be granted to Khan Academy during the
  five year partnership by Tata Trusts, which controls 66% of the shares of Tata
  Sons, the holding company of the over $100 billion group.
• Tata said the promise of free access to quality education is
  a “new era” and a “compelling opportunity” with a potential
  to multiply literacy rates which attracted the Trusts towards making the
  commitment.

• The International Volunteer Day (IVD) was on 5 December 2015
  observed across the world with the theme The world is changing. Are you?
  Volunteer!.
• This year’s theme challenges everyone to be a part of
  implementing the newly launched Global Goals, the 2030 Agenda for Sustainable
  Development. Through volunteerism the person can impact the sustainable
  development agenda by mobilizing and engaging governments and communities.

• Punjabi film “The Fourth Direction” was honoured
  with the Best Film Award here at the 26th Singapore International Film
  Festival.
• Directed by Gurvinder Singh, the 115-minute drama highlights
  the 1984 Punjab separatist movement unfolding it through stories of two friends
  embarked on a train journey to Amritsar.
• The film, also called “Chauthi Koot” is based on
  two short stories by by Waryam Singh Sandhu focus on the conflict between Sikh
  separatists and the military in 1984.
• Singh’s first film in 2011 – “Alms for a Blind
  Horse” had also met international recognition besides several accolades
  and honours.
• “Angry Indian Goddesses” was the second Indian
  film showcased at the festival held between November 26 to December 6, 2015.

• China’s first domestically developed electricity-powered
  aircraft known as RX1E was on 4 December 2015 approved for production by Civil
  Aviation Administration of China.
• RX1E electric light-sport aircraft was developed by Shenyang
  Aerospace University and it will be China’s first manned electric light
  aircraft.

• This two-seater plane is powered by lithium batteries.
• It is capable of flying a maximum altitude of 3000 meters.
• A charging time of 90 minutes enables it to fly for 45 to 60
  minutes.

• Veteran CPI leader and former MP Ramashraya Prasad Singh
  died following a protracted illness at a private hospital here. He was 93.
• He had represented Jehanabad parliamentary seat for four
  terms between 1984 and 1996, besides being a Member of Legislative Assembly
  (MLA) from Ghosi Assembly seat in the same district during an illustrious
  political career lasting over four decades.
• Mourning the death, Chief Minister Nitish Kumar said Singh
  was a dedicated and hardworking political leader who gave all his life to
  social service and welfare of the poor people.
• Kumar said that the cremation of the departed leader would
  be made with state honours.

• Yossi Sarid, a former Israeli government minister who was
  among the most vocal to advocate Israeli territorial concessions to resolve the
  conflict with the Palestinians, has died at age 75, his son says.
• Sarid was known for the sharp and fiery comments he would
  fling at political opponents at parliament. His toughest exchanges came with
  hawkish lawmakers and ultra-Orthodox Jewish members.
• He served in parliament for over four decades, including
  posts as education minister and environment minister. He led the dovish Meretz
  party before he retired in 2006.

Regards

Team ExamPundit

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