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General Knowledge Buzz - 30th September 2014

 Brought to you by - Competition ZENITH

1. RBI keeps key rate unchanged

  I.    the Reserve Bank of India (RBI) had kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent. 
II.   it has decided to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liabilities (NDTL).
III.   it has reduced the liquidity provided under the export credit refinance (ECR) facility from 32 per cent of eligible export credit outstanding to 15 per cent with effect from October 10.

2. PayPal to separate from eBay in 2015

  I.      PayPal is splitting from eBay and will become a separate and publicly traded company next year.
II.      Dan Schulman, an executive at American
Express, will be the new president at PayPal.
III.      Devin Wenig, currently president of eBay Marketplaces, will become CEO of the new EBay Inc.

3. After eliminating polio, govt targets measles

  I.      An ambitious drive to eliminate or control a host of diseases, including measles, which affects lakhs of people and leave many killed every year will be launched.
II.      Dr. Vardhan said the government was already working towards eliminating measles by 2015 and Rubella, also known as German measles, and ‘Kala-azar’ or black fever by 2015.
III.      Hinting that ‘Ayush’, which includes Ayurveda and Yoga, may receive a boost under the BJP government, Dr. Vardhan said the Health Ministry is ready with ‘The Recognition of New Systems of Medicine Bill, 2014.

4. PDP MLA Iftikhar Hussain Ansari passes away

  I.      Moulvi Iftikhar Hussain Ansari, Opposition People's Democratic Party MLA in the Jammu and Kashmir Assembly and prominent Shia cleric, died in Srinagar on Tuesday following prolonged illness.
II.      He was elected to the state legislative assembly in 1996 on a Congress ticket and became a minister in the National Conference (NC) government headed by Farooq Abdullah.
III.      He was 74.

5. Central govt offices to close early tomorrow ahead of Clean India campaign

  I.      All central government offices in South Block, North Block and Shastri Bhawan among others will be closed at 2 pm on Wednesday, in connection with the arrangements for the nation-wide launch of ‘Swachh Bharat’ (Clean India) campaign .
II.      “I will remain committed towards cleanliness and devote time for this... I will neither litter nor let others litter.”
III.      This is the salient point of the pledge that Prime Minister Narendra Modi will administer to the countrymen on Thursday, the birth anniversary of Mahatma Gandhi, while highlighting the Father of the Nation’s thrust on cleanliness.

6. Grandmaster Sahaj Grover ties for first in Durban Open

  I.      Young Indian Grandmaster Sahaj Grover came up with his best performance in a year, ending on the spot top in the Durban International Open Chess Tournament .
II.      It was a tense final round for Grover in which he overcame the challenge of International Master Daniel Cowdery of South Africa.

7. Asian Games: Mary Kom enters women’s flyweight boxing finals

  I.      M.C. Mary Kom secured a berth in the gold medal bout of the women’s flyweight (48-51kg) after a convincing win in the semi-final of the 17th Asian Games .
II.      The 31-year-old Indian beat Vietnam’s Le Thi Bang by 3—0 decision to enter the final.        


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