Thursday, 1 December 2016

30 November Current Affairs

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Current Affairs are very important section asked in every competitive exams. Here, we're presenting you the 30th November Current Affairs updates.

Bill to tax deposits passed in Lok Sabha
  • The Taxation Laws (2nd Amendment) Bill 2016 was passed in the lower House of Parliament without any debate, provoking strong protests from Opposition leaders. 
  • The new Taxation Laws (2nd Amendment) Bill 2016, passed sans debate in the Lok Sabha on Tuesday, will entail a tax of 30 per cent of the income declared, an additional surcharge of 33 per cent of the tax amount, and a penalty of 10 per cent of the declared income. 
  • This adds up to a total liability of about 50 per cent. In addition, the amendment states that 25 per cent of the declared income is to be deposited in an interest-free deposit scheme with a lock-in of four years.
Son has no legal right in parents' house, can stay at their mercy: Delhi high court
  • The Delhi high court has said a son has no legal right to live in the self-acquired house of his parents, He can only reside there only at their "mercy" 
  • Only because parents have allowed the son to live in their house does not mean they have to bear his "burden" throughout life, the court added. 
  • The court also said that only because parents have allowed the son to live in their house as long as their relations are cordial does not mean they have to bear his "burden" throughout his life.
Akshay Venkatesh awarded Infosys Prize in Mathematical Sciences
  • Venkatesh, a professor of mathematics, is the 2016 recipient of the Infosys Prize in Mathematics, which is awarded by the Infosys Science Foundation. 
  • Venkatesh’s interests are impressively wide-ranging and include study of number theory, automorphic forms, topology, ergodic theory and representation theory.
  •  The award announcement commends his work as creative and foundation, describing it as “characterized by unexpected guiding heuristic ideas which are then brought to fruition with dazzling technical virtuosity.”
Singapore tops global education rankings3
  • In international education of tests in maths and science Singapore has the highest-achieving primary and secondary pupils.
  • But primary school pupils in Northern Ireland were ranked sixth at maths, the highest of any in Europe. 
  • Since four years ago test of England's performance has not advanced 
  • The top places in these rankings are dominated by East Asian countries, such as South Korea and Japan, which are pulling away from their competitors.
Jagdish Chandra Bose’s 158th birthday commemorated by Google Doodle
  • Jagdish Chandra Bose was one of the pioneers of radio communication, and discovered millimeter length electromagnetic waves, invented many components still used in microwave communications, and was one of the first to use a semiconductor to detect radio waves. 
  • His research into radio waves were during the same time period when Marconi, widely credited to be the inventor of the radio was researching into radio communications. 
  • The experiments by Bose were geared towards understanding radio microwaves, rather than using it as a form of communication.
Donald Trump Nominates 2nd Indian-American Woman To Top Administration Post
  • US President-elect Donald Trump on Tuesday nominated a second Indian-American woman to a top administration position, putting her in charge of a federal agency within the health department as part of a "dream team" which he said would transform America's healthcare system.
  • "I am pleased to nominate (Dr) Seema Verma to serve as Administrator of the Centers for Medicare and Medicaid Services," Mr Trump said in a statement.
  • The announcement came along with Trump's nomination of Congressman Tom Price as his Health and Human Services Secretary. 
  • A leading expert in the country on Medicare and Medicaid, Dr Verma would serve as Administrator of Centers for Medicare and Medicaid Services.
Akodara in Gujarat becomes India’s first Digital Village
  • Akodara village in Sabarkantha district of Gujarat recently has earned the title of the first digital village in India.
  • The village, which sustains a total population of 1191 people, uses various cashless systems for payments of goods and services. 
  • All transactions in the village are carried out through digital modes like net-banking, SMS or debit cards.
India’s first cycle highway inaugurated in UP
  • Akhilesh Yadav Chief Minister of Uttar Pradesh has inaugurated India’s first and Asia’s longest bicycle highway between Agra and Etawah in UP.
  • A rally of 90 cyclists from five countries and across India followed the inauguration ceremony at the Lion Safari in Etawah.
Bapu's Charkha among 100 'Most Influential Photos of All Time'
  •  In the foreground of magazine a 1946 picture of Mahatma Gandhi with his Charkha (spinning wheel)among the 100 most influential images of all time, according to a compilation by Time magazine of “images that changed the world.
  • The Time collection includes 100 of the most iconic and history-altering images, dating from the 1820s to 2015 that have remained en grained in the human psyche from the time they were taken.
  • Among the pictures is the tragic photo of the lifeless body of three-year-old Syrian Alan Kurdi lying face down on the shore near the coastal town of Bodrum.
Bharatiya Mahila Bank merger with SBI cleared
  • Paving the way for consolidation in the banking sector, the Competition Commission of India (CCI) has approved the amalgamation of Bharatiya Mahila Bank (BMB) into State Bank of India (SBI). ii. Both the banks offer various banking products to their retail and corporate customers.
  • Bharatiya Mahila Bank Ltd is the first of its kind in the Banking Industry in India formed with a vision of economic empowerment for women. Incorporated under the Companies Act 1956 on 5 August 2013.
4 India-born CEOs on Fortune's Businessperson of the Year list
  • Four leading India-born CEOs, including Microsoft’s Satya Nadella and Mastercard’s Ajay Banga, who delivered big in taking their companies ahead, have featured in Fortune’s Businessperson of the Year list topped by Facebook founder Mark Zuckerberg.
  • Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual ‘Businessperson of the Year’ compilation, followed by CEO of the Milwaukee-based maker of water heaters A O Smith, Ajita Rajendra on the 34th spot, HDFC Bank’s Managing Director Aditya Puri on the 36th position and Banga on 40th.
  • The list of 50 business tycoons also includes Amazon CEO Jeff Bezos, 2, Alphabet CEO Larry Page, 4, Alibaba Executive Chairman Jack Ma, 10, Apple CEO Tim Cook, 11, Uber CEO Travis Kalanick, 15 and Starbucks CEO Howard Schultz, 29.
M. M. Kutty appointed Delhi Chief Secretary
  •  M. M. Kutty has been appointed the Senior IAS officer of Delhi Chief Secretary. 
  • He replaced K. K. Sharma, who has transferred to the Union HRD Ministry as an officer on special duty (OSD).
  • The Center has sent back Kutty to his parent Union Territories cadre before completion of the tenure of his Central deputation.
Morgan Stanley lowers India’s growth forecast by 40 bps to 7.3% for FY’17
  • American Morgan Stanley has lowered its growth forecast for FY’17 to 7.3% from 7.7% earlier on account of currency replacement programme. 
  • As global growth accelerates to 3.4% in 2017 from 3% in 2016, Morgan Stanley expects India’s exports to support the overall recovery in 2017 after being a drag in 2016. 2018 will be the first year of recovery in private capacity expansion after six years of a weak trend.
Government approves 6 new SEZs for IT, biotech
  • The Government of India has approved 6 proposals from four developers to set up a new special economic zona (SEZs) IT and biotechnology across Telangana, Haryana and Karnataka.
  •  On November 9, 2016. the decision was taken by the Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia during the board meeting.
  • The four developers are Vaxenic India, EON Kharadi Infrastructure, GAR Corporation and KRC Infrastructure.
Pankaj Advani claimed bronze medal at IBSF World Snooker Championship
  •  Pankaj Advani suffered Fifteen-time world champion and has loss 2-7  in the semifinals against Andrew Pagett of Wales to settle for a bronze medal at the IBSF World Snooker Championship.

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