Current Affairs Questions & Answers - Oct 28, 2015

ANSWER: All of the above

Explanation:
Promoter director S. Chandra and CEO R. C. Venkateish have resigned while company has appointed Jawahar Lal Goel as Board Chairman. Chandra’s resignation took effect from October 27, 2015. Board also accepted resignations of Mintoo Bhandari, non-executive nominee director and his Alternate Director Utsav Baijal.

ANSWER: Deepika Kumari

Explanation:
Indian archer Deepika Kumari has won the silver medal in the Archery World Cup Final held in Mexico City losing first place to South Korea’s Chou Misun. She is currently world number 5. She won her first World Cup individual stage recurve gold medal at Turkey in 2012. She is also the winner of the 2012 Arjuna award and FICCI sportsperson of the year in 2014.

ANSWER: Lord Gulam Noon

Explanation:
Lord Gulam Noon, one of UK’s most well known Indian origin peers and curry king of the UK has died at the age of 79 on 27th October 2015. Mumbai-origin Lord Noon founded the 200-million pound Noon Products business which is credited with Britain developing a taste for curry and chicken tikka masala. He succumbed to liver cancer and was known as the first Curry King in the UK. Lord Noon was awarded Lifetime Achievement Award by the Opposition in February this year.

ANSWER: Law and Justice Party

Explanation:
The state election authority announced on 27th October that right wing and anti migrant law and Justice Party has won major share of seats in the Polish parliament and can govern alone. Party received 235 seats in 460 seat lower house of Polish Parliament and also snared a majority in the Senate. The outgoing ruling party Civic Platform was criticised for accepting refugees as part of EU resettlement plan.

ANSWER: Angry Indian Goddesses

Explanation:
Director Pan Nalin’s film, Angry Indian Goddesses in October 2015 was awarded with BNL People’s Choice Award at the 10th Rome Film Festival held in Rome, Italy. Winner was selected through online voting. It also won honours at earlier festivals such as the 2015 International Toronto Film Festival. The drama film stars Sandhya Mridul along with Tannishtha Chatterjee and Sarah Jane Dias.

ANSWER: Second

Explanation:
Indian film maker Adoor Gopalakrishnan and film critic Aruna Vasudev will receive the lifetime achievement award at the second edition of this festival to be held in Colombo from November 7 to 11. Close to 100 films from different nations will be shown free of charge to public at different locations in Colombo. Films that will be screened include Guru Dutt directed Pyassa and Adoor’s Elippathayam, and Baldvin Zophoníasson’s Vonarstræti. Festival will also showcase films made in different nations such as China, Brazil, Iran and France.

ANSWER: 10

Explanation:
CM Panel constituted by NITI Aayog for rationalising CSS has argued for reducing the number and hiking flexi fund component to 25% fro current 10%. The convenor of the group is MP CM Shivraj Singh Chouhan. The panel has categorised CSS into three categories -- core of the core, core and optional scheme -- for determining funding pattern. For the core of the core schemes such as MGNREGA, panel has register no changes in find sharing. In case of core schemes, panel has made the suggestion that fund sharing will be divided in the ratio of 90:10 percent between Centre and State for NE and J&K. For ordinary states, the sharing ratio will be 60:40. For optional schemes, centre and state share should be 80:20 for hilly, NE and J&K and 50:50 for ordinary states.

ANSWER: Narendra Nayak

Explanation:
BlackBerry said appointed Narendra Nayak as the MD of its India operations replacing Sunil Lalvani, who had quit the organisation in June, 2015. Nayak will drive BlackBerry software and services business through channels in India and also be responsible for growing ecosystem of indirect channels in the country. He earlier worked for venture-funded software company Linguanext Technologies, where he was responsible for growing the business in India and across South East Asia, Middle East and Africa. He has also worked with IBM, Motorola, Digital Equipment India and CSC.

ANSWER: 134

Explanation:
Last year, WB ranked India at 140 for ease of doing business. Within a few months of governance in 2015, the country now has improved its ranking with only 29 days being required to start an business in India. The recalculated value as per the new methodology has also improved India’s ranking to 134. Among S. Asian economies, India has made the largest improvement in business regulation and ranks in top 10 (position 8) for protecting minority shareholders.

ANSWER: Blackest material

Explanation:
This material is so dark that it can absorb nearly all the light hitting it. This super-black material could change the way solar panels are made, by absorbing 99% of the light, making it over 26% darker than carbon nanotubes. Before this, the darkest material known was the latter. The dark material absorbs light at all angles and polarisations.

ANSWER: CRVP379

Explanation:
Researchers have identified a protein CRVP379 that could be targeted to prevent transmission of the dengue virus, leading to the development of vaccine against the deadly virus. Researchers have found a candidate for blocking transmission vaccine which interferes with virus infection of the mosquito following its acquisition of the virus. CRVP379 or cysteine-rich venom protein interacts with a protein called prohibitin that is a putative DENV receptor in mosquitoes, according to researchers.

ANSWER: Both of the above

Explanation:
Reliance Industries has signed a new listing agreement with BSE and NSE becoming the first company in the country to comply with new requirements of SEBI. New Listing Regulations will be effective from December 1. SEBI has made it compulsory for all existing listed entities to execute a fresh and simplified Listing Agreement with the stock exchanges where they are listed, within six months of the notification date.

ANSWER: Delhi High Court Amendment Act 2015

Explanation:
Union Law Ministry on 26 October 2015 notified Delhi High Court Amendment Act, 2015 providing for enhancement of pecuniary jurisdiction of the District Courts of Delhi from 20 lakh to 2 crore rupees. The law also enables Chief Justice of the Delhi High Court to transfer any pending suit or other proceedings to relevant subordinate court in the National Capital Territory of Delhi. Bill received presidential assent on 10th August 2015.

ANSWER: R. V. Easwar

Explanation:
The committee comprises the following members:

- Justice R.V. Easwar, (Retd.), former Judge,Delhi High Court and former President, ITAT - Chairman

Members

- Shri V.K. Bhasin, former Law Secretary
- Shri Vinod Jain, Chartered Accountant
- Shri Rajiv Memani, Consultant
- Shri Ravi Gupta, Sr. Advocate
- Shri Mukesh Patel, Chartered Accountant
- Shri Ajay Bahl, Consultant
- Shri Pradip P. Shah, Investment Adviser
- Shri Arvind Modi, IRS
- Dr. Vinay Kumar Singh, IRS

The committee will study and identify provisions/phrases in act leading to litigation as per different interpretations, and study how to improve tax and revenue collections as well as ease of doing business in India.

ANSWER: eSahyog, PAN Camps

Explanation:
FM Arun Jaitley launched two taxpayer friendly measures- eSahyog and PAN Camps to streamline the taxation procedure. The twin initiatives of the CBDT were launched to ensure ease of operation for the assessed. The e-Sahyog focuses on reducing compliance costs, more so for small taxpayers. It provides an online mechanism for resolving mismatches in IT returns of taxpayers. PAN camps are expanding the coverage of people through PAN. While 23 crore persons have been issued with PAN cards, only 5 crore have filed their income tax returns.