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October 23, 2016

GA for IBPS : October 2016 Weekly Current Affairs Round up - 1st Week

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Hi Gr8Ambitionz readers, I am Shravan. Undoubtedly gr8 is providing excellent current affairs on daily basis. But I feel it would be more helpful for all IBPS PO and Clerical aspirants, if they provide the current affairs round up on weekly basis (by simply rounding off all the daily current affairs). As an initiative for this, I am sharing the Weekly Current Affairs of October 1st week taken from News Papers. If you like it, I will try to share more current affairs. Happy Reading :)

Important Current Affairs of October 2016 1st Week 

International Current Affairs of October 1st Week

Myanmar scraps stringent emergency law
  • Myanmar abolished a law that was used by the former junta government to stifle dissent and crush political opponents. A joint session of parliament approved a bill to scrap the Emergency Provisions Act that was introduced after Myanmar won independence from Britain. The law had laid out a,jail term of up to seven years for anyone engaged in any activity that was considered an offence against the state. It included spreading false news or committing treason ranging from sabotage of the railways to damaging telephone lines. The act also gave authorities powers to detain people without charge and allowed courts to convict anyone even if the case lacked sufficient evidence.
15mn teachers needed for South Asia: Report
  • According to United Nations Educational, Scientific and Cultural Organization (UNESCO) report, the Southern Asia region which covers countries like India, Pakistan, Bangladesh and Afghanistan must recruit about 15 million new teachers to be able to meet the goal of universal education by 2030. The report was released on 5th October. 
    • It is the first time that estimates have been published showing the number of teachers that will need to be recruited to meet the target of providing education for all. 
    • A total of 68.8 million teachers will need to be recruited worldwide by 2030 if the ambition of every child receiving primary and secondary education is to be achieved.

National Current Affairs of October 1st Week

India's RTI Act is the 4th Best in the World
  • India's Right to Information Act is the fourth best in the world, according to Center for Law & Democracy. Mexico has replaced Serbia as the top country in these ratings. 
    • Total, 111 countries were given rank. 
    • The ratings were given based on the quality of the piece of legislation. 
    • In total 61 indicators were taken. For each indicator countries were given points, based on points, the quality of Act was observed and allotted ranks.
India ratifies Paris Climate Agreement
  • India has ratified the Paris global climate agreement on 2^d October. Under the deal, India has committed to ensuring that at least 40% of its electricity will be generated from non-fossil sources by 2030. CO2 emissions are believed to be the driving force behind climate change. India accounts for about 4.5% of global greenhouse gas emissions, and became the 62"° country to ratify the agreement.
WHO rated, Delhi most polluted megacity
  • According to the World Health Organization (WHO), among all mega `/ ,7-4 World Health cities in world, Delhi is most polluted. Organization According to the report Particulate-matter   (PM 2.5), levels were almost four times above daily safe levels. 
    • Particulate matter: It is the term for a mixture of solid particles and liquid droplets found in the air. Some particles, such as dust, dirt, soot or smoke, are large or dark enough to be seen with the naked eye. Others are so small they can only be detected using an electron microscope. Particle pollution includes: 
    • PM10 : Inhalable particles, with diameters that are generally 10 micrometers and smaller; and 
    • PM2.5: Fine inhalable particles, with diameters that are generally 2.5 micrometers and smaller. 
  • In Delhi particulate-matter (PM2.5) levels were almost four times above daily safe levels, on average, for the seven-day period from September 22 to 28, 2016.

Economy Current Affairs of October 1st Week

Largest number of poor are in India : World Bank
  • According to 'World Bank lateit report, India accounted for the largest number of poor people in any country in 2012, but its poverty rate was lowest among countries having large number of poor population. The report says that.... 
    • The number of people living in extreme poverty around the world is likely to fall to under 10% of the global population in 2015.
    • Rural electrification in India has caused changes in consumption and earnings, with increase in the labour supply of both men and women, and promoted girls' schooling by reallocating their time to tasks more conducive to school attendance.
RBI slashed repo rate
  • The Reserve Bank of India has slashed repo rate by a quarter of a percent. This makes loans cheaper and provides greater liquidity in the market. Now banks can borrow from RBI at 6.25%. RBI's policy announcements hold significance for many reasons. 
    • A new procedure to decide policy rates has also been adop-ted. An act was passed in the parliament which called for keeping the retail price inflation between 2-6 percent. 
    • A committee has been formed comprising of representatives from both RBI and centre which now makes the call on key policy rates of the central bank. 
    • It was for the first time that a six member committee took the decision to reduce the repo rate and this decision was a unanimous one. 
    • Policy rates 
      • Bank Rate : 6.75%, 
      • Repo Rate : 6.25%, 
      • Reverse Repo Rate : 5.75%, 
      • Marginal Standing Facility Rate : 6.75%, 
      • Cash Reserve Ratio : 4%, 
      • Statutory Liquidity Ratio : 20.75%

Sport Current Affairs of October 1st Week

India triumph in Under-18 Asia Cup
  • India won the 4th men's Under-18 Asia Cup hockey trophy by defeating Bangladesh in the final in Dhaka on 30' September.

Science and Technology Current Affairs of October 1st Week

Communication Satellite GSAT-18 launched
  • Communication satellite GSAT-18 was successfully launched from the European space pad of Kourou in French Guiana on 6th October. The GSAT-18, built by ISRO, aims at providing telecommunications serv-ices for the country by strengthen-ing ISRO's current fleet of 14 oper-ational telecommunication satellites.

Awards Current Affairs of October 1st Week

Nobel Prizes declared in Medicine, Physics, Chemistry
  • Medicine :
    • Yoshinori Ohsumi-Japan Scientist 
    • Reason : For discoveries related to the degrading and recycling of cellular components. Disrupted autophagy has been linked to various diseases, including Parkinson's, diabetes and cancer. Ohsumi work has led to a better understanding of how the human body adapts to starvation, infection and other conditions. 
  • Physics
    • David Thouless, Duncan Haldane, Michael Kosterlitz -British Scientists 
    • Reason : The three Laureates' use of topological concepts in Physics was decisive for their discoveries. Topology is a branch of mathematics that describes properties that only change step-wise. Using topology as a tool, they were able to astound the experts. • Chemistry: Jean Pierre Sauvage (British), Fraser Stoddart (British), Bernard Feringa (Dutch) Reason: For finding ways to energize and steer molecules, a breakthrough that could eventually transform the treatment of illness and lead to the development of more powerful computers. The three laureates discovered how to use molecules as components of tiny machines that can be controlled to perform specific tasks.
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