07 June 2016 Current Affairs
Himachal Pradesh Becomes First State To Launch
Green-Concept Based SDC
“Himachal Pradesh became the first state in the country to have a
State Data Centre (SDC), designed using green data centre concept. It was
launched by Chief Minister Virbhadra Singh in Shimla. The centre will offer 101
people-oriented service online through an integrated data base. CM Virbhadra
Singh directed all government departments to make use of SDC for hosting
e-Governance applications instead of creating their own infrastructure. Now,
departmental applications can be hosted centrally in SDC free of cost and
HIMSWAN connectivity could be provided in field offices to access departmental
applications.”
“Lucknow To Host Men’s Hockey Junior World Cup
2016″
“The International Hockey Federation (FIH) on 7 June announced
that men’s Hockey Junior World Cup 2016 will be played in the Indian city of
Lucknow, Uttar Pradesh. The men’s Hockey Junior World Cup 2016 will be played
between 8 December and 18 December 2016. The teams which have qualified for the
tournament are – Argentina, Australia, Austria, Belgium, Canada, Egypt,
England, Germany, India, Japan, Korea, Netherlands, South Africa, New Zealand,
Pakistan and Spain. The women’s Hockey Junior World Cup will take place in
Santiago, Chile between 24 November 2016 and 4 December 2016.”
RBI’s Second Bi-monthly Monetary Policy
2016-17
“The Reserve Bank of India (RBI) in its second bi-monthly monetary
policy review for year 2016-17 has maintained status quo in key policy interest
rate. The key policy interest rates were kept unchanged on the basis of an
assessment of the current and evolving macroeconomic situation in the country.
RBI has kept its stance on the credit policy accommodative.
Key policy rates are :-
* Repo rate under the liquidity adjustment facility (LAF) – unchanged at 6.75 per cent.
* Reverse repo rate under the LAF – unchanged at 5.75 per cent.
* Marginal standing facility (MSF) rate and the Bank Rate has unchanged at 7.75 per cent.
* Cash Reserve Ratio (CRR) of scheduled banks – Unchanged at 4.0 per cent of net demand and time liability (NDTL).
* Growth forecast pegged at 7.6% for the current fiscal.
* Inflation target – It was kept unchanged at 5% for January 2017 with upward bias
* Public investment: It is gaining strength and continuing weakness in private investment is a concern.”
Key policy rates are :-
* Repo rate under the liquidity adjustment facility (LAF) – unchanged at 6.75 per cent.
* Reverse repo rate under the LAF – unchanged at 5.75 per cent.
* Marginal standing facility (MSF) rate and the Bank Rate has unchanged at 7.75 per cent.
* Cash Reserve Ratio (CRR) of scheduled banks – Unchanged at 4.0 per cent of net demand and time liability (NDTL).
* Growth forecast pegged at 7.6% for the current fiscal.
* Inflation target – It was kept unchanged at 5% for January 2017 with upward bias
* Public investment: It is gaining strength and continuing weakness in private investment is a concern.”
Scientists Identified a Process To Remove DNA
Molecules From X-Files
“Scientists of the University of Sheffield identified the process
of removal of DNA molecules from the iconic double-helical structure.
Scientists were trying to unlock the mystery for over 20 years.The new research
has unlocked a crucial part of the mystery as to how the human DNA can
replicate and repair itself. It is essential for all life forms. Jon Sayers,
the Professor of Functional Genomics at the University of Sheffield is the lead
author of the study.”
