GK Update : 22nd October 2016 (English)

1. Japan’s Watanabe elected president of International Gymnastics Federation

• The secretary-general of Japan Gymnastics Association (JGA) Morinari Watanabehas been elected as the new President of the International Gymnastics Federation (FIG).
• Watanabe has become the 9th President of the FIG. He will succeed Bruno Grandi.
• He has won the election after defeating rival candidate Georges Guelzec of France by a huge margin in a vote at the governing body’s Congress.

Note:

• The International Federation of Gymnastics (IFG) is the governing body of competitive gymnastics.
• Its headquarters is in Lausanne, Switzerland.
• It was founded on July 23, 1881, in Liege, Belgium.

2. Global conference to strengthen Arbitration & Enforcement in India begins

• Today, the first ever three-day global conference to strengthen Arbitration and Enforcement in India  inaugurated by President Pranab Mukherjee in New Delhi.
• Prime Minister Narendra Modi will deliver the valedictory address on Sunday.
• The Conference seeks to provide impetus to commercial arbitration in the country, which is fast gaining pace across the world, for faster and efficient dispute resolution outside the court room.

National Affairs

3. Centre to establish Krishi Vigyan Kendra in each district

• Union Agriculture Minister  Radha Mohan Singh has announced at least one ‘Krishi Vigyan Kendra’ in each of the districts in the country to provide technical assistance to farmers will establish.
• Earlier, he was interacting via video conference with all the Krishi Vigyan Kendra experts, district level officers associated with agriculture development and progressive farmers of 12 States.

4. Prez inaugurated Accountants General Conference

• President Pranab Mukherjee has inaugurated the 28th Accountants General Conference in New Delhi.
• The Accountants General from various places of the country has participated in the conference and reviewed the international ‘best practices’ prevalent in auditand accounting.
• The two-day conference is being organized by the Comptroller and Auditor General of India(CAG).
• The conference offers a forum for the exchange of ideas, grappling with evolving issues and experience sharing

Science & Defence

5. Protein-enriched rice variety developed by IGKV Chattisgarh

• A protein-enriched rice variety has been developed by the Indira Gandhi Krishi Vishwavidyalaya (IGKV), Raipur,Chattisgarh .
• The new variety has over 10% protein content and has 30 PPM zinc content.
• Researchers worked for seven years to develop the variety of rice.
• This rice variety will play a crucial role in addressing issues of protein deficiencies.

Note:

• Indira Gandhi Agricultural University (IGAU) is an agricultural university located inRaipur in the Indian state of Chhattisgarh.

Banking & Finance

6. RBI relaxes norms for foreign investment in startups

• The Reserve Bank of India (RBI) has said that Foreign Venture Capital Investors(FVCIs) can invest in Indian startups irrespective of the sector in which the startup is engaged without prior permission of the apex bank.
• Sebi-registered FVCIs have also been permitted to invest in unlisted firms in sectors like biotechnology, nano technology and dairy without prior permission of the RBI.
• The extant regulatory provisions have been reviewed and amended in order to further liberalize and rationalize the investment regime for FVCIs and to give a fillip to foreign investment in the startups.
• FVCIs can also open a foreign currency account and/or a rupee account for the purpose of making transactions.

 

Important Dates

7. Police Commemoration Day being observed across the country

• Today, the Police Commemoration Day being observed across the country.
• Union Home Minister Rajnath Singh with other dignitaries laid the wreath and pay homage to the police martyrs at Police Memorial Ground, Chanakyapuri in Delhi.
• The day commemorates the sacrifices of Ten policemen while defending the borders with China in 1959.

Note:-

• The Annual Conference of Inspectors General of Police of States and Union Territories held in January 1960 decided that 21st October will be observed asCommemoration Day in all Police Lines throughout India to mark the memory of these gallant personnel.

Honours & Awards

8. Milan confers honorary citizenship on Dalai Lama

• The Chairman of  Milan city council Lamberto Bertole has honored the Dalai Lama (14th) with the Milan Honorary citizenship award at the ceremony held at the Arcimboldi Theatre in Milan, Italy.
• Dalai Lamas are important monks of the Gelug school, the newest school of Tibetan Buddhism, which is nominally headed by the Ganden Tripas.

Note: 

• The 14th Dalai Lama was born in Taktser village, Amdo, Tibet.

 

Sports

9. BCCI agrees to use DRS, to be used in Test series vs England

• Board of Control for Cricket in India (BCCI) has agreed to deploy Decision Review System (DRS) on a trial basis during India’s home Test series againstEngland  from the 9th November 2016
• The changes, which have been effected to DRS, include the introduction of ultra-motion cameras for accurate ball tracking and Ultra edge technology for determining the frame of impact.

 

10. India loses 2nd ODI match by 6 runs against New Zealand

• New Zealand defeated India by 6 runs in the second One-Day International (ODI) at the Feroz Shah Kotla in Delhi and levelled the five-match series 1-1.
• New Zealand Captain Kane Williamson composed 118 runs off 128 balls helped New Zealand to 242 for nine in the stipulated 50 overs.
• Chasing a target of 243, Kiwis stopped India at 236 in the 49.3 overs.
• This is New Zealand’s first win on this tour and their first-ever victory at the Feroz Shah Kotla in Delhi.

11. Luis Suarez receives 2nd European Golden Shoe of his career

• Barcelona forward Luis Suarez (29-year) has received a second European Golden Shoe of his career after becoming the leading scorer in Europe’s top domestic leagues last season.
• He scored 40 goals in 35 La Liga starts, helping Barca retain the Spanish title.
• He ended the 2015-16 campaign with 59 goals in 52 appearances for Barca in all competitions.
• Earlier, He won the golden shoe award  with Liverpool in the 2013-14 when he scored31 times to help the Reds finish runners-up in the Premier League.

Note:

• Luis Alberto Suarez Diaz is the Uruguayan professional footballer who plays as a striker for Spanish club FC Barcelona and the Uruguay national team.
• The European Golden Shoe is an association football award presented each season to the leading goalscorer in league matches from the top division of every European national league.