Daily Current Affairs Update of 14 April 2015 | General Knowledge1. The World Bank has predicted a GDP growth rate of 8 per cent for India by 2017 and said that a strong expansion in the country, coupled with favourable oil prices, would accelerate the economic growth in South Asia. In India, GDP growth is expected to accelerate to 7.5 per cent in fiscal year 2015/16. It could reach 8 per cent in FY 2017/18, on the back of significant acceleration of investment growth to 12 per cent during FY 2016-FY 2018.
2. Rising Mumbai cueist Dhruv Sitwala stunned multiple world champion Pankaj Advani to win the ACBS Asian Billiards Championship and pocket his first international title. Indian cuiests dominated the event, which had three world champions -- Advani, C. Praprut and Peter Gilchrist -- in the fray, as defending champion Sourav Kothari also clinched the bronze medal along with Thailand's Praprut. But it was Sitwala who emerged the champion after beating Advani 6-3 in the final.
3. State Government of Haryana decided to accord status of a Cabinet Minister on Yoga guru Baba Ramdev. The decision to grant status of Cabinet Minister to Ramdev was taken at a meeting of Ministers presided over by Chief Minister Manohar Lal Khattar. Ramdev will be honoured by the state government in Panchkula on 21 April 2015.
|Daily Current Affairs Update of 14 April 2015 | General Knowledge|
5. Mobile commerce platform Paytm inked memorandum of understanding (MoU) with National Centre for Trade Information (NCTI) to promote Micro, Small & Medium Enterprises (MSMEs). As per MoU, Paytm will offer a virtual marketplace platform for NCTI members and will extend its services and enable them to sell online. In this regard, Paytm will set up payment gateways platform for online ticketing and membership fees for NCTI.
6. State-owned power equipment-maker Bharat Heavy Electricals Limited (BHEL) commissioned a 600 MW thermal unit at Dhabra in Janjgir Champa District of Chhattisgarh for the Dainik Bhaskar Power Limited. This is the second unit of 2 × 600 MW power project, commissioned by BHEL. The first 600 MW Unit was commissioned in 2014.
7. Union Government has brought into force the National Judicial Appointments Commission (NJAC) Act, 2014 along with the 99th Constitutional Amendment Act, 2014. With this new law the collegium system to appoint members to the higher judiciary has come to an end. Now President will appoint judges in the Supreme Court and 24 High Courts in consultation with the NJAC.
8. The Nobel-winning legendary German writer Gunter Grass passed away at the age of 87 years. He was best known for his first novel “The Tin Drum” that was published in 1959. In the year 1999 he won the Nobel Prize for Literature. Apart from being an ace writer and novelist, Grass was an accomplished illustrator, graphic artist, sculptor and playwright. He was lauded by Germans for helping to revive their culture in the aftermath of World War II and helping to give voice and support to democratic discourse in the post war nation.
9. Brijbhushan Sharan Singh was re-elected unopposed as president of the Wrestling Federation of India (WFI) for a four-year term. The elections of the office bearers and executive members of WFI for the next four-year term were held at the Constitutional Club of India.
10. The Union Govt. notified rules that restrict Governors’ official travel outside their respective states to 73 days in a calendar year. The new law pertaining to this also requires that Governors avoid or limit frequency of their visits to the home state. These new travel norms for Governors have been laid by the Governors (Allowances and Privileges) Amendment Rules, 2015.