Current Affairs : 07-Feb-15

07-FEB-2015

Current Affairs

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2nd prototype of Naval variant of LCA-Tejas passes test

The public sector aeronautics company HAL successfully flied the second prototype of Naval variant of LCA-Tejas in Bengaluru.

The Chairman of HAL, T. Suvarna Raju informed that the complex landing gear design, which is significantly different from the Air Force version of LCA, made this flight possible.

The Carrier Compatibility technology demonstration including arrested landing and ski-Jump take off was initially tested at Shore Based test facility in Goa.


Government Decides to Infuse Rs.6990 Crores in Nine Public Sector Banks (PSBs)

Out of the current year’s budget, the Government of India has decided to infuse Rs.6990 crores in nine Public Sector Banks (PSBs) for which orders are being issued.

This year, the Government of India has adopted a new criteria in which the banks which are more efficient would only be rewarded with extra capital for their equity so that they can further strengthen their position.

The methodology for arriving the amount to be infused in these banks has been based on efficiency parameters.

First of all, weighted average of return on assets (ROA) for all PSBs for last three years put together was arrived at and all those who were above the average have been considered.

The second parameter that has been used is return on equity (ROE) for these banks for the last financial year. Those who have performed better than average have been rewarded.


Government Decides to Infuse Rs.6990 Crores in Nine Public Sector Banks (PSBs) –contd.

As per these above mentioned two efficiency criteria, the amount allocated bank-wise is as follows :

S.No. Name of the Bank Amount (Rupees in crore)

1 State Bank of India

2970

2 Bank of Baroda 1260

3 Punjab National Bank

870

4 Canara Bank 570

5 Syndicate Bank 460

6 Allahabad Bank 320

7 Indian Bank 280

8 Dena Bank 140

9 Andhra Bank 120

Total 6990


'Water' Conference-2015 Inaugurated at Guwahati, Assam.

The three – day, 3rd Assam "Water" Conference - 2015 was formally inaugurated today at Guwahati by Union Water Resources Minister Uma Bharti and Union DoNER Minister & MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh along with Chief Minister of Assam Tarun Gogoi.

Spread over different academic and technical sessions, the Conference will deliberate upon various issues with a focal theme “Management of Water Related Disorders - Urban and Rural”.

Speaking on the occasion, Uma Bharti announced the decision to restructure and reshape the Brahmaputra Board and to bring about upgradation of water resources infrastructure in the region. She also announced the plan to declare Majuli near Jorhat as “Water Heritage Island”.


High-end equipment to harness and exploit the deposits of gas hydrates in Indian Ocean

To meet India's growing demand for energy, the ministry of earth sciences is developing high-end equipment to harness and exploit the deposits of gas hydrates in Indian Ocean.

Speaking at the ongoing World Ocean Science Congress (WOSC-2015) , union Earth Sciences secretary Shailesh Nayak said the gas hydrate — or crystalline form of methane and water, existing in shallow sediments of outer continental margins — deposits will be a sustained source of energy for the whole country.


100 Kaushal centres from coming academic year: UGC

The proposed Knowledge Acquisition and Upgradation of Skilled Human Abilities and Livelihood (Kaushal) centres will be set up from the upcoming academic year.

As part of its effort to meet the increasing demand for skilled hands, the UGC has decided to set up 100 Kaushal centres across the country in government institutions and universities, UGC vice chairman, H Devaraj said.

As per the scheme, selected institutions will be given an assistance of Rs 5 crore for developing skilled courses for diploma, advanced diploma, bachelor of vocation, master in vocation streams and also Phd.


Manjhi sacked, Nitish Kumar elected as Leader of the Janata Dal (United) legislature party

Nitish Kumar was elected as Leader of the Janata Dal (United) legislature party at a meeting called by party president Sharad Yadav to replace Jitan Ram Manjhi as chief minister of Bihar.

The election of Kumar as the new leader of the party in the house comes nearly eight months after he resigned as chief minister in May 2014 in the wake of party poor performance in general election.

He had handpicked Jitan Ram Manjhi to succeed him.

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Current Affairs : 07-Feb-15

Education

Transcript of Current Affairs : 07-Feb-15