Current Affairs, News & Facts of 27 Oct 2014

    Comments (0)
  • India no more on the fragile five countries list-IMF.
    • Morgan Stanley coined the phrase “fragile five” in August 2013 to describe the currencies, which are particularly vulnerable because of their dependence on foreign investment to fund current-account deficits.
    • Turkey, Brazil, India, South Africa and Indonesia comes in this list.
    • India now is best prepared in emerging markets to deal with the US federal reserves monetary policies.
    • IMF also raised its 2014 india growth forecast to 5.6% as against its 5.4% april projection.
    • Fed’s tapering had led Indian rupee to become volatile and there was surge in CAD.
    • Now CAD is down from 4.7% to 1.7 of the GDP, an impressive figure a/c to IMF.
  • After cyclone HUDHUD its cyclone NILOFAR to hit India.
    • Nilofar developed in the Arabian sea is expected to hit the north western region of gujrat.
    • The state administration is on alert and getting prepared and equipped to meet the emergency.
    • It may bring atmospheric changes such as rain and strong winds a/c to IMD.
    • Earlier Hudhud caused extensive damage to the city of Visakhapatnam and the neighboring districts of vizianagaram and srikakulam.Damages were estimated to be around 60,000 crores.
  • Small factories Bill proposed to govern wages and conditions of work in SMEs.
    • Reduces no. of compliances forms.
    • Removes bar on women operating certain machines.
    • Increases permissible overtime hours.
    • Increases laws to exempt factories from maintaining registers, filing returns.
    • SMEs account for over 30% industrial production.
  • Manohar lal khattar sworn in as 10th CM of Haryana.
    • It’s the first ever bjp government in Haryana.
    • Mr khattar was an rss prachark.
    • He is a first time legislator, who won the karnal seat.
  • Vietnam,s PM Nguyen tan duang on a two day visit to india.
    • This visit will be important for india’s interest in the south china sea.
    • India will sign an MoU on prospecting by OVL(ONGC videsh ltd.) in two fields of south china sea.
    • Discussions will be held on supplying naval vessels to Vietnam.
    • The agreement will also include oil exploration, economic and cultural cooperation.
  • Former union minister jairam ramesh to chair global research panel on sustainable development-future earth engagement committee.
    • Committee is instituted by organizations which includes UNEP,UNESCO and WMO.
    • The Engagement Committee is a strategic advisory group of thought-leaders from stakeholder groups including business, policy and civil society, representing the diversity of societal partners needed to address the challenges of global environmental change.
    • Jairam Ramesh, was a member of the UN Secretary General's High-Level Global Sustainability Panel between 2011 and 2012, and played a key role in the UN Climate Change Conferences at Copenhagen (2009) and Cancun (2010), has published widely on economic development, energy, environment, globalisation and India-China relations. 
  • 1ST Parliamentry elections in Tunisia.
    • Tunisians threw their dictator in 2011 revolution which started the Arab spring.
    • The Arab Spring was a series of anti-government protests, uprisings and armed rebellions that spread across the Middle East in early 2011.
    • Elections are also going on in Brazil and Ukraine.

2nd Aug

Exam Date : 02-08-2016

Exam Time : 07:15:00

Ques/Time : 6/5 min


Exam Date : 01-08-2016

Exam Time : 06:00:00

Ques/Time : 8/5 min

Todays test

Exam Date : 22-07-2016

Exam Time : 05:10:00

Ques/Time : 3/5 min