Daily GK News Top 10 Current Affairs of 18 January 2014 | Daily GK Capsule

1. President has appointed Shri Harishankar Bramha, the senior- most Election Commissioner in the Election Commission of India as the new Chief Election Commissioner. Shri Brahma assumed the charge of the office of Chief Election Commissioner consequent upon demitting the Office of the Chief Election Commissioner by Shri V.S. Sampath.

2. Appointments Committee of the Cabinet (ACC) approved appointment of Anupam Shrivastava as CMD of Bharat Sanchar Nigam Limited. BSNL's Director Enterprises A.N. Rai is currently handling the additional charge of CMD.

3. Australian pace bowler Brett Lee announced his retirement from all forms of cricket after a 20-year career. Lee played 76 Tests for Australia, taking 310 wickets, and 221 one-dayers with 380 dismissals.

4. Australian Minister for Trade & Investment Andrew Robb signed a MoU with Sport Education Development Australia (SEDA) and IL&FS Education & Technology Services Limited with an aim to develop skills of Indian students in various sports and fitness programmes. The partnership between SEDA, which is based in Victoria, and the Indian body of equivalent stature, is expected to encourage the development of sports and fitness vocational courses in India.

5. In July 2014, Japan Bank for International Cooperation (JBIC) conducted a survey of 1000 companies for Japanese manufacturing sector. Based on this research, India has been ranked as the No.1 destination for future investments followed by Indonesia (ranked No.2) and China (ranked No.3).

6. The Directorate General of Foreign Trade (DGFT) has imposed a penalty of Rs. 100 crore on Riddhi Siddhi Bullion and also cancelled its nominated agency certificate (NAC) for violation of RBI norms. NAC is the mandatory document needed for direct import of precious metals.

7. FIFA Ballon D'Or award holder Cristiano Ronaldo has been named the best player in Portugal's 100-year football history. The Portuguese Federation announced the Real Madrid striker as their best ever in the Gala Quinas de Ouro.

8. The Reserve Bank of India allowed banks to enter the insurance business as joint ventures. Banks with networth of Rs. 1000 crore and above can set up a subsidiary or a joint venture and those with a networth of Rs. 500 crores and above can opt for the broking or corporate agency set up. Besides being profitable for more than three years and net levels should be not be more than 3%.

9. The Romanian Olympic and Sports Committee (COSR) named woman tennis player Simona Halep as the Athlete of the Year for the special results she obtained in 2014. Halep first broke into the world's top 50 at the end of 2012, then into the top 20 in August 2013, and then top 10 in January 2014.

10. Jammu and Kashmir has bagged the National Award for e-Governance for the best district-level initiative in the country. The Department of Administrative Reforms, Ministry of Personnel and the PMO have selected Jammu and Kashmir for National Award e-Governance 2014-15 for the best district- level initiative in the country. Jammu and Kashmir has bagged the award first time in 18 years since the institution of awards in 1997.
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