Daily GK Update 13th October 2015 Important Current Affairs

1. Australian art gallery to return 2000 year old Buddha idol to India
i. Canberra based art gallery in Australia has agreed to return a 2,000-year-old Indian-origin sculpture of Gautama Buddha back to India. ii. The Sitting Buddha sculpture which was displayed in this gallery has its roots traceable to Mathura in Uttar Pradesh. The sculpture is made of sandstone is an image and depicts very unique art of the ancient Mathura region. 

iii. Archaeological Survey of India (ASI) played important role in negotiating the legality of returning this statue. Earlier, Germany had returned 10th century Durga idol in Mahishasuramardini avatar to India which had gone missing from a temple at Pulwama in Kashmir in 1990s.

2. 3rd India-Sri Lanka joint training exercise Mitra Shakti-2015 concludes
i. The third edition of India- Sri Lanka Joint Training Exercise Mitra Shakti-2015 concluded at Aundh Military Camp in Pune, Maharashtra. 14 days of joint training had started on 29 September 2015 and included understanding of transnational terrorism, developing interoperability and conduct of joint tactical operations.
ii. The exercise demonstrated the determination of both countries to work closely with each other to eradicate the menace of terrorism in all its forms. MITRA SHAKTI 2015 Exercise aimed at sharing the best military practices between the two Armies and promoting healthy military to military relations.
iii. This Joint Military Exercise is considered as an important step to uphold the values of Peace, Prosperity and Stability in the South Asia region

3. Winners of 2015 China Open (tennis)
i. The 2015 China Open (Tennis) was the 17th edition of the tournament for the men (19th for the women). It was played on outdoor hard courts in Beijing and was part of ATP World Tour 500 series on the 2015 ATP World Tour.
ii. Novak Djokovic of Serbia won the 2015 Men’s Singles title of China Open. In the final match he defeated Rafael Nadal of Spain by 6–2, 6–2 score. Overall it was Djokovic’s fourth Men’s Singles title of China Open.
ii. Garbiñe Muguruza of Spain won the 2015 Women’s Singles title of China Open. In the final match she defeated Tímea Bacsinszky of Switzerland by 7–5 , 6–4 score.
iii. Vasek Pospisil (Canada) and Jack Sock (US) pair won the 2015 Men’s Doubles title of China Open. In the final match they defeated Daniel Nestor (Canada) and Édouard Roger-Vasselin (France) pair by 3–6 , 6–3 , [10–6] score.
iv. Sania Mirza (India) and Martina Hingis (Switzerland) pair won 2015 Women’s Doubles title of China Open. In the final match they defeated Chinese pair Hao-ching and Chan Yung-jan by 6–7(9–11), 6–1, [10–8] score.

4. Infosys appoints Ranganath D Mavinakere as new CFO
i. India’s second largest software services firm, Infosys has appointed Ranganath D Mavinakere as new Chief Financial Officer (CFO). He will succeed Rajiv Bansal who was Executive Vice President (EVP) and the CFO of Infosys and had resigned from the company.
ii. Prior to this appointment, Mavinakere was EVP and head of strategic operations and CEO’s office of Infosys. He has rich experience of about 18 years across banking and IT services industries. In his 15-year career with Infosys, he has held several leadership positions in the company.
iii.  ​Mavinakere worked with ICICI Limited from 1991 to 1999 where he was senior Vice President of Treasury and Planning. He holds a post graduate diploma in management (PGDM) degree from the Indian Institute of Management, Ahmedabad and M Tech degree in mechanical engineering from the Indian Institute of Technology (IIT), Madras.

5. Economist Angus Deaton wins 2015 Nobel Memorial Prize in Economic Sciences
i. Microeconomist Angus Deaton has won the prestigious 2015 Nobel Memorial Prize in Economic Sciences. Royal Swedish Academy of Sciences has selected him for his analysis of consumption, poverty, and welfare.

ii. His research work has linked detailed individual choices and aggregate outcomes which inturn has helped to transform the fields of macroeconomics, microeconomics and development economics. With announcement of this prize, it concludes this year’s presentations of Nobel winners.
iii.  All Nobel laureates will receive the prize on December 10, 2015 on the anniversary of prize founder Alfred Nobel’s death.

6. President Pranab Mukherjee visited Jordan
i. President Pranab Mukhrejee visited Jordan between 10 October and 12 October 2015. During his visit, Mukherjee met with His Majesty King Abdullah and senior Jordanian officials.
ii. He visited the country on the invitation of His Majesty King Abdullah-II Ibn Al Hussein of the Hashemite Kingdom of Jordan.
iii. At present, President Mukherjee is on the three-nation visit namely Jordan (10 to 12 October 2015), Palestine (12 to 13 October 2015) and Israel (13 to 15 October 2015).
iv. During the visit, Jordan and India signed six cooperation memoranda of understanding (MoUs) in various vital fields. They also agreed to work for raising trade exchange to 5 billion dollars within five years.

7. Indo-China Joint Military Exercise ‘Hand in Hand’- 2015 started
i. Fifth joint military exercise between India and China, named Hand-in-Hand 2015, started at Kunming Military Academy, Yunnan Province, China on 12 October 2015. The twelve day exercise lays emphasis on joint handling of counter terrorism and ‘Humanitarian Assistance and Disaster Relief’.
ii. The exercise Hand-in-Hand-2015 will play important role in deepening mutual cooperation and forging a closer development partnership. It would also facilitate in tackling the world wide phenomenon of terrorism.    
iii. It would also expand the scope of military interaction, facilitate exchange of best practices in counter terrorism operations, enhance mutual understanding and trust and further promote friendly relationship between both militaries.

8. Gujarat proposed 15375 crore rupees AMRUT Plan to ensure basic infrastructure in 31 mission cities
i. The Gujarat Government on 12 October 2015 proposed a 15375 crore rupees comprehensive action plan to ensure basic infrastructure in 31 cities under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) in the next five years.
ii. Out of this proposed amount, 42 percent will be spent on providing water supply connections to all urban households in 31 AMRUT cities, 30 percent will be spent on providing sewerage connections to all households and 12 percent will be spent on ensuring drainage services and the rest on urban transport and provision of green spaces and parks.
iii. Keeping in mind the low availability of sewerage network services in the Mission states, the state government also intends to set up 19 STPs(Sewerage Treatment Plants) at a total cost of 4721.57 crore rupees to create a total treatment capacity of 869 million litres per day.

9. Telenor appointed Sharad Mehrotra as India CEO
i. Telenor India, earlier known as Uninor, on 12 October 2015 appointed Sharad Mehrotra as its new Chief Executive Officer (CEO). The appointment came after the position was vacated by Vivek Sood who has been promoted to the positions of Executive Vice President and Chief Marketing Officer (CMO).
ii. The appointments will be effective from 1 November 2015.
iii. Before the appointment, Mehrotra worked as Chief Marketing Officer of Telenor Myanmar, where he played a pivotal role in the successful launch of Telenor's mobile services.

10. Green Indian Mission Plans approved for four states
i. National Executive Council (NEC)  of the National Mission for a Green India (GIM) on 9 October 2015 approved the Perspective Plans & Annual Plan of Operations (APOs) submitted by four States, namely Mizoram, Manipur, Jharkhand and Kerala.
ii. The plans were approved during the second meeting of NEC of GIM.
iii. Approval was granted for alternative energy devices such as biogas, solar devices, LPG, biomass-based systems and improved stoves for 27032 households for the financial year 2015-16 and 81233 households for the total plan period. This will help in reducing pressure on forests, gaining carbon benefits, along with health and other associated benefits.


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