DAILY UPDATED CURRENT AFFAIRS - 25.12.2014 TO 26.12.2014 DAILY UPDATED CURRENT AFFAIRS National  Former PM Atal Bihari Vajpayee and eminent              freedom fighter and founder of Banaras Hindu University Pt. Madan Mohan Malviya have been conferred with the highest Indian Civilian Award Bharat Ratna. Vajpayee turned 90 yrs & Pt. Malavya’s 153 birth anniversary falls on 25th December 2014. Union Cabinet decided to hike FDI in Insurance sector from 26 to 49% and allow coal auction through on ordinance. Ethnic Violence between the Bodos and tribals in Assam led to more killing. The militant of the National Democratic Front of Bodol (NDFB) are involved in the violence. The Union govt. decided to intensity its action against the NDFB militant in Assam. On the eve of Good Governance Day (25th Dec, AB Vajpayee’s birthday) railway minister flagged off a new train Sushasan Express between Gowalior and Gonda. With 40% annual increase in cyber crimes the Union govt. has set up an expert group to chalk out strategy for effectively trickling the menace. Fertility rate is falling in India and it is on the track to reach replacement level of fertility by 2020, as per recent data of Registrar General. Total Fertility Rate has fallen in 8 states below two children. Replacement level must be 2.1 below which population begins to decline. Presently India has 2.3 replacement level. Infant Mortality Rate (IMR) in India has fallen to 40 per 1000 live birth and 48 deaths under the age 5 per 1000 live birth. The Parliamentary Standing Committee on Home Affairs has recommended that West Pakistan Refugees should be given permanent resident certificates and voting rights in J & K. PM Modi has ruled out privatisation of Indian Railways and said private investment would be used to modernise the railways and make it service oriented to make it an engine of growth. Amrinder Singh Raja has been appointed as the President of the Indian Youth Congress. Union Govt. has asked all Central and State Governments departments to stop using private e-mail services for official communication and use indigenous services provided by NIC. Good Governance Day celebrated on 25th December in the name of Former PM A.B. Vajpayee. After Delhi, Bengaluru is going to be a Kerosine free city in India in near future. India’s Best Institute for Banking, Railway & SSC  Union Finance Ministry has done 10% across the board cut in spending of non plan expenditure during the current financial year. Bilateral  Union Home Minister Rajnath Singh has  hinted about Indo-Bhutan joint offensive against the Bodo militants who are involved in Assam violence. Indo-Pakistan border which remain porous is being filled with Laser walls by BSF to check infiltration. International  The landmark Arms Trade Treaty (ATT)        adopted by the UN General Assembly in April 2013 came into force. It is the first legally binding multilateral agreement that prohibits nations from exporting conventional weapons to countries when they know those weapons would be used for genocide crimes against humanity and war crimes. Pakistan govt. has decided to raise 5000 strong counter terrorism force to be deployed in the capital and 4 provinces. Islamic State militants captured the Jordanian Pilot by shooting down his warplane during the US led coalition attack on the militants in North Syria. Pakistan govt. plans to execute 500 militants in coming week. Russian currency Rouble witnessed a downfall in value due to falling oil price and western sanctions on it due to crimean issue. Pakistan govt. has announced a 17 point Antiterror plan including setting up of military court and banning banned terror organisation from operating in new names after the Peshawar incident. Al-Shebab militants mounted an attack on the headquarters of African Union Forces in Simalia. Israel is the 1st country to use drone (UAV) in war. Economy & Banking  RBI Governor Raghuram Rajan has made the  provision of getting bank loan tougher for defaulters by branding them as noncooperative defaulters/borrowers and wilfull defaulters. Govt. of India has allowed 100% FDI under automatic route in medical devices sector to encourage manufacturing of equipments and diagnostic kits. B – 61 A & B, (2nd floor) Janpath, Opp. R.D. Women’s College, Saheed Nagar, Bhubaneswar, Ph. : (0674) 6556677, 8093556677. Web : www.vanik.org, E-mail : [email protected] 1 DAILY UPDATED CURRENT AFFAIRS - 25.12.2014 TO 26.12.2014          Coal India Ltd. World’s largest coal producer, GAIL and Rastriya Chemicals and Fertilizers and Chimicals and FCIL (Fertilizer Corporation of India Ltd) have signed a Rs. 9000 cr. investment agreement to establish an integrated coal gasification-cum-fertilizer and ammonium nitrate plant at Talcher of Odisha by 2019. The Delhi High Court has questioned the RBI’s decision on ATM withdrawal limit. S. Bhattacharya has been appointed as Chairman & MD of Coal India Ltd. Jet Airways concluded a $ 150 million fiveyear loan from banks spread across middle east regions. Bokaro Steel Plant will replace Bhilai to become SAIL’s largest steel manufacturing unit. Oil India Ltd. has commissioned its 1st 5 MW Solar Power Plant in Rajasthan. Reliance Capital signed a long-term strategic alliance with Sumitomo Mitsui Trust Bank to set up a Universal Bank. Reliance Industries (RIL) along with its partners BP and Hardy Oil has surrendered its discovered gas block in KG-D3 due to operational restrictions placed by Defence Ministry. The govt. has decided to step in and regulate the e-commerce business with a view to protect the consumer interest. Daily Updated CURRENT AFFAIRS Visit : www.vanik.org India’s Best Institute for Banking, Railway & SSC B – 61 A & B, (2nd floor) Janpath, Opp. R.D. Women’s College, Saheed Nagar, Bhubaneswar, Ph. : (0674) 6556677, 8093556677. Web : www.vanik.org, E-mail : [email protected] 2