17 October 2015 Current Affair Updates |Daily GK Download

1. The five-judge Constitutional Bench of Supreme Court in a collective order ruled that 99th Constitutional Amendment Act and the National Judicial Appointments Commission (NJAC), constituted for the appointment of judges, are unconstitutional and void. It also upheld the Collegium system that existed before the NJAC as operative.

2. The Reserve Bank of India formed a single Financial Inclusion Fund (FIF) with a corpus of 2000 crore rupees. The fund is formed by merging the Financial Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF). The new FIF will be administered by the reconstituted Advisory Board constituted by Union Government and will be maintained by NABARD. Objective of FIF is to support developmental and promotional activities with a view to securing greater financial inclusion.

3. The United Nations General Assembly elected Egypt, Japan, Senegal, Ukraine and Uruguay to serve as non-permanent members on the United Nations Security Council for two-year terms beginning on 1 January 2016. New members Egypt, Japan, Senegal, Ukraine and Uruguay will serve until 31 December 2017.
17 October 2015 Current Affair Updates |Daily GK Download
17 October 2015 Current Affair Updates |Daily GK Download
4. Zaheer Khan, one of India's greatest fast bowlers retired from international cricket. He has played 92 Test matches, 200 ODIs and 17 T20 Internationals.

5. As part of its initiative to sensitize the masses about the issue of climate change, the union government flagged off ‘Science Express-Climate Action Special’, a special train on the subject of climate change action from Delhi. ‘Science Express Climate Action Special’ is a 16-coach air-conditioned train.

6. Punam Yadav (63kg) bagged gold medals for India in both the senior and junior women's categories in 2015 Commonwealth Youth, Junior & Senior weightlifting championships. In the men's section Vishnukanth S, Ragala Venkat Rahul and Vikas Thakur claimed the top positions in their respective weight divisions.

7. Union Minister of Urban Development M. Venkaiah Naidu declared that former President Dr. A.P.J. Abdul Kalam’s birth place Rameswaram (Tamil Nadu) has been included in Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for providing basic urban infrastructure. Rameswaram is the 498th to be included in the Mission. With the addition of Rameswaram, Tamil Nadu would have 32 cities and towns under Atal Mission.

8. Japanese carmaker company Nissan signed an eight-year deal with the International Cricket Council (ICC). Nissan will be a global sponsor of the ICC's tournaments until 2023, which includes ICC World Cup, Champions Trophy, T-20 Championship, Women's cricket and qualifying championships.

9.  G.L. Khanna was appointed President of the Asian Council of Exercise and Sports Science (ACESS) for a minimum period of two years. Khanna is the first Indian to head ACESS.

10. The Union Ministry of Home Affairs introduced a scheme called Central Victim Compensation Fund (CVCF) with an initial amount of 200 crore rupees. The scheme aims at enabling support to victims of various attacks, such as rape, acid attacks, human trafficking and women killed or injured in the cross border firing.
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