General Studies & Current Affairs for Bank, SSC, CLAT, Civil Services and other Competitive Exams

13  December 2014 National: Indians hold Rs. 4,479 crore abroad The Government said that of the list of 628 Indians who could ...

GK & Current Affair Updates: December 13- 2014

13  December 2014

Indians hold Rs. 4,479 crore abroad
The Government said that of the list of 628 Indians who could be holding black money overseas, 201 are either non-traceable or non-residents, while 289 have no balance left in their accounts. There are 427 actionable cases that collectively hold a sum of Rs 4,479 crore in bank accounts overseas, which the official release said had been calculated using an exchange rate of Rs 45 to a dollar. The release said 339 have balance in their accounts. The Income Tax Department initiated action against 79 of the account holders. The disclosure is as per the direction of Special Investigation Team (SIT) which submitted a report to the Supreme Court on black money. India had received the list of 628 Indians who hold accounts in HSBC’s Geneva branch from the French government. Earlier, Finance Minister Arun Jaitley said that proceedings in the cases on the HSBC list would be completed by March 31, 2015.

INS Kolkata to fire long range missile in 2015
Stealth destroyer INS Kolkata, the largest warship built in India, will fire a long-range surface-to-air missile (LR-SAM) for the first time in 2015. The vertical launch units of the LR-SAM, also called Barak 8, have been built into the vessel and the MF-STAR (multifunction surveillance and threat alert radar) is in place for missile guidance. All you need to do is take delivery of the missile, load it and fire. The ship, commissioned in August in Mumbai, has just finished its maiden work-up, during which the vessel and its crew were put through their paces by the Flag Officer Sea Training. The ship will carry 32 SAMs, with an enhanced range of up to 70 km, for missile defence. The first flight of the LR-SAM, jointly developed by the Israeli Aerospace Industry and the Defence Research and Development Organisation (DRDO), took place in Israel in November 2014.

U.P. tops in attacks on journalists
Uttar Pradesh accounted for 72 per cent of the total cases relati'ng to attacks on journalists in the country, according to the National Crime Records Bureau (NCRB). According to official data, 85 police cases were registered for attacks on journalists across the country this year, with 15 of them resulting in an arrest. The NCRB data pertains to registered cases of attacks on scribes, and arrests made therein till October 2014. U.P recorded 62 cases of attacks on scribes till June this year, while neighbouring Bihar came in second with 8 cases till August. The highest number of arrests was made in Madhya Pradesh, which has a thriving and proactive journalism environment. Against the six cases of attacks on journalists registered in Madhya Pradesh till July, eight persons were arrested. No data were available for Chhattisgarh and Karnataka while Gujarat and Maharashtra recorded two cases and two arrests each.

Dahi Handi declared adventure sport
The Maharashtra government has declared Dahi Handi (forming of human pyramids and breaking the earthen pot on the occasion of Krishna Janmashtami) an “adventure sport.” Citing fatal accidents at the event, the Bombay High Court banned the participation of children below 18 years of age in August. The Supreme Court, however, reduced the age limit to 12 years and asked the organisers to take safety measures.

Purab Kohli starrer 'Jal' in the Oscar race for Best Film category
After winning the coveted National Award for its visual effects, the Girish Malik directorial film Jal has now find place in the race for the Oscars. The film which stars Purab Kohli, Kirti Kulhari and Tannishtha Chatterjee is in the contention for nominations in the Best Film category. The filmmaker is elated with the news and is very proud of such an achievement. Given that this is Malik's first film, the entire team and the director deserve an overwhelming applause. Also, the film has been inducted into the Oscar library. Jal released on April 4, 2014. Cinematographer Sunita Radia captured the Rann of Kutch beautifully and the movie is a visual treat and the music marked the debut of Sonu Nigam and Bickram Ghosh Jodi as music directors.


Mauritius names new Prime Minister Anerood Jugnauth
Mauritius' president has named veteran politician Sir Anerood Jugnauth as prime minister, after the 84-year old won a landslide victory taking nearly three-quarters of seats in Parliament. Jugnauth, a former president and prime minister, was handed his letter of appointment from the office of President Kailash Purryag. Jugnauth's centre-right Alliance Lepep swept up 47 out of 62 seats in the Indian Ocean nation's parliament, after voters rejected the ruling party's bid to boost presidential powers. The coalition of the outgoing ruling Labour Party (PTR) and the former opposition Mauritian Militant Movement (MMM) of ex-prime minister Paul Berenger, took just 13 seats. Jugnauth, previously prime minster between 1982-1995 and again between 2000-2003, has promised he will boost the economy. Defeated Prime Minister Navinchandra Ramgoolam handed in his resignation to the president.

Haiti PM resigns amid political discontent
Prime Minister Laurent Lamothe announced that he was resigning along with several ministers in the wake of violent anti-government protests and a commission's call for him to step down. President Michel Martelly said earlier he accepted the findings of the commission that had recommended Lamothe's replacement. Martelly appointed Lamothe as prime minister in 2012, and some political analysts believe Lamothe might seek the presidency in upcoming elections.

Business & Economy:

Assam tops in pulses production
Assam has been selected as the “Best Performing State” in production of pulses. It was chosen for the Krishi Karman award for 2013-14. This was the third consecutive year that Assam has been selected for Krishi Karman award of the Government of India for its achievement in production of pulses.

Union govt. approves trade centre in Manipur
The Union Government has approved the proposal to construct a trade centre at Behang in Churachandpur district of Manipur. Manipur Commerce and Industries minister Govindas Konthoujam said that the agreement between India and Myanmar is likely to be signed in January. Villagers in Behang have made 2,500 hectares of land available for the construction of the trade centre. The Union government shall foot the bills for all construction works. The Manipur government has to repair, improve and maintain the road from Behang to Imphal. The earlier plan was to construct such a centre at Moreh, the entrepôt of the two countries after the legalisation of the border trade in 1995.

Alstom T&D bags Rs.246-cr contract
Alstom T&D India said it has bagged a contract worth Rs. 246.20 crore from state-run transmission company Mahatransco for setting up grid substations at three locations — Kudus, Alkud, and Kondhwa — in Maharashtra. These substations will strengthen the 220 kV transmission network. Alstom will construct on a turnkey basis, 400/220kV air-insulated substations at Kudus and Alkud including power transformers, substation automation system and other auxiliary equipment.

Swiss gold exports to India near Rs 1 trillion in 2014
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold export to India have risen further and is fast approaching Rs 1 trillion mark for the entire 2014. The Swiss gold exports to India stood at over 2.8 billion Swiss francs (over Rs 18,000 crore) in October, up from about 2.2 billion Swiss francs in the previous month. This has taken the total Swiss gold exports to India since January 2014 to 14.2 billion Swiss francs (nearly Rs 93,000 crore), as per the data compiled by Switzerland's cross-border trade monitoring agency.


Indians just behind Brazilians in goal-scorers’ list
Indian players have scored 23 goals, only three less than Brazilian imports from all teams, in the Indian Super League football tournament that has entered the knockout phase now. Brazilian players, led by eight strikes from Chennaiyin FC’s sharp shooter Elano Blumer, have notched up 26 goals overall. Indian players — led by FC Goa’s Romeo Fernandes and Chennaiyin FC’s Jeje Lalpekhlua who have found the target thrice each — have tallied 23 in all. Players from France and Spain are tied with 11 goals apiece. A total of 121 goals have been scored from 56 games in the round robin phase of the football event.