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Weekly One Liner Updates

1st –7th October 2016

Dear readers,
Weekly One Liner Updates is a collection of important news and events that occurred in the first week (1st –7th) of October
2016. This file is important for exams like ECGC, India Post Payment Bank, BOM PO, IBPS PO VI, IBPS Clerk VI, IBPS RRB V
2016 Exam and all upcoming Banking & Insurance exams.

Banking & Financial Awareness

1. First domestic bank of India to open a branch in Yangon, Myanmar___State Bank of India.
Note:
 Ghanshyam Srivastava has been appointed as the chief executive of SBI Yangon branch.
 The Yangon branch is the 54th foreign branch of State Bank of India (SBI).
2. Which currency has officially become a member of the International Monetary Fund (IMF)’s basket of global reserve
currencies___Yuan.
Note:
 With this, yuan has joined the U.S. dollar, the euro, the yen and British pound in the IMF’s Special Drawing Rights
(SDR) basket.
3. How many rupees have been declared in the Income Disclosure Scheme (IDS)___65 thousand 250 crore rupees.
Note:
 The scheme was announced by the government in June this year with an aim to bring out black money from the
domestic economy.
 Those disclosing assets under the IDS will have to pay 45% tax with penalty.
4. India’s GDP growth forecast for 2016, as per World Bank’s latest report South Asia Economic Focus___7.6%.
Note:
 The fiscal deficit in previous year (April to August) had stood at 66.5% of the Budget estimates.
 Fiscal deficit is the gap between expenditure and revenue for the entire current fiscal has been pegged at Rs 5.33
lakh crore (3.5% of GDP).
5. The 2016 World Economic Forum (WEF) India Economic Summit has been inaugurated in ___New Delhi.
Note:
 The 2-day summit will focus on issues like digital transformation and regional economic integration.
 At least 600 participants from a little over 30 countries will take part.
 The theme of the summit is “Fostering an Inclusive India through Digital Transformation’.
6. Chairman of State Bank of India (SBI) has given a year’s extension by Union Government_____Arundhati Bhattacharya.
7. RBI in its Bi-Monthly Monetary Policy (4th) Statement 2016-17 adjusted the Reverse Repo rate to___ 5.75%.
8. The first edition of the World Sustainable Development Summit (WSDS) 2016 has been inaugurated by___Pranab
Mukherjee.
Note:
 The 4-day summit is organized by The Energy and Research Institute (TERI) with theme “Beyond 2015: People,
Planet and Progress”.
9. The Commonwealth Finance Ministers Meeting 2016 was held in the city of USA__ Washington DC.
Note:
 The Union Finance Minister Arun Jaitley has chaired the Commonwealth Finance Ministers’ Meeting at the
International Monetary Fund (IMF) headquarters in Washington DC, United States.
 The CRA is a framework for the provision of support through liquidity and precautionary instruments in response
to actual or potential short-term balance of payments pressure.

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10. Who has been appointed as the Chairman and CEO of the Jammu and Kashmir(J&K)bank___Parvez Ahmed.
Note:
 He has replaced Mustaq Ahmad, who completed his term on 5th October.
 Parvez is currently heading business support division and corporate credit joined J&K Bank as Company Secretary
(CS) in 1998.
11. Who has appointed as the Chairman of Insolvency and Bankruptcy Board___ MS Sahoo.
12. RBI in its Bi-Monthly Monetary Policy (4th) Statement 2016-17 reduced the Repo rate to___6.25%.

Important Date

1. The International Day of Older Persons is observed on ____1st October.

Note:
 It is also a day to appreciate the contributions that older people make to society.
 The theme of this year is “Take A Stand Against Ageism”.
2. The World Vegetarian Day (WVD) is observed on___ 1st October.
3. The International Day of Non-violence is observed on _____2nd October.
Note:
 The International Day of Non-violence is observed on 2nd October throughout the world on the birth anniversary
of Mahatma Gandhi.
 This day in India is also celebrated as Gandhi Jayanti to mark birth anniversary of Mahatma Gandhi who was
leader of Indian independence movement and also pioneer of philosophy of non-violence.
4. The World Habitat Day (WHD) is observed every year on____ 3rd October.
Note:
 The 2016 WHD was observed on October 3 with theme “Housing at the Centre”.
 It aims to raise awareness about need for affordable housing for all in urban areas, cities and towns.
5. The World Animal Day (WAD) is observed every year on ___ 4th October.
6. World Teachers’ Day (WTD) 2016 is observed every year on ___ 5th October.
Note:
 The day mobilize support for teachers and to ensure that the needs of future generations will continue to be met
by teachers.
 The 2016 theme is “Valuing Teachers, Improving their Status”.

New Appointments

1. Who has been appointed as the new chairman of Press Trust of India___Riyadh Mathew.
Note:
 Director of Malayala Manorama Riyadh Mathew has been unanimously elected as the Chairman of Press Trust of
India (PTI).
 Press Trust of India provides news coverage and information of the region in both English and Hindi.
2. Who has been elected as the President of “The Indian Newspaper Society” (INS)___Somesh Sharma.
Note:
 He has been elected as President of “The Indian Newspaper Society” (INS) for the year 2016-17 at the 77th
annual general meeting of the INS.
3. Who has been appointed as the Executive Director(ED) of Indian Overseas Bank___R Subramania Kumar.
Note:
 The Central Government has appointed R Subramania Kumar as Executive Director (ED) of Indian Overseas Bank
(IOB).
 Kumar is currently Executive Director of Indian Bank.

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4. Who has appointed CMD of Power Finance Corporation (PFC)___Rajeev Sharma.

Note:
 Earlier, Sharma was the CMD of Rural Electrification Corporation (REC).
5. Who will be the first female president of the Baltic country Estonia___Kersti Kaljulaid.
Note:
 She will succeed the current President Toomas Hendrik Ilves who is stepping down next week after two five-year
terms in the ceremonial post.
6. Who will be the new Secretary General of the United Nations____Antonio Guterres.
Note:
 He will become the 9th new Secretary General of the United Nations.
 Guterres, who led the UN refugee agency for 10 years, will succeed Ban Ki-moon in 2017.
7. Who has been appointed as the new chairperson of the Central Board of Direct Taxes (CBDT)___Sushil Chandra.
Note:
 He will replace Rani Singh Nair, who retires on 31st October, 2016.
8. Who has been appointed as the full-time Member of the 21st Law Commission of India (LCI)____Prof. S Sivakumar.
Note:
 The 21st Law Commission of India (LCT) was constituted for a period of 3 years from September 1, 2015 and will
have its tenure only till August 31, 2018.
9. President Pranab Mukherjee has nominated Actress and BJP leader to Rajaya Sabha____ Roopa Ganguly.
Note:
 She has been nominated on a seat vacated by cricketer turned politician Navjot Singh Sidhu, who resigned in July
this year.
10. Who has appointed as the CEO of Reliance Nippon Life Insurance Ltd ___Ashish Vohra.

Important News – India

1. “Best Tourist Friendly Airport” under the category for “State Annual Excellence Awards for the year 2015-16” by Andhra
Pradesh Tourism___Tirupati Airport.
Note:
 The award was presented on the eve of World Tourism Day by the Chief Minister of Andhra Pradesh Chandra
Babu Naidu at Bhawani Islands, Vijayawada (Andhra Pradesh).
2. The committee who has been constituted to assess ground situation at Cauvery basin___GS Jha committee.
3. The Indian-American has named as the 2016 class of the Jerger Future Leaders of Audiology by the American Academy of
Audiology ___Vinaya Manchaiah.
Note:
 The American Academy of Audiology is the world’s largest professional organization of audiologists.

4. Taxi-booking app that launched the offline taxi booking feature ___ Ola.
5. Who has launched the Indian Bridge Management System (IBMS) in New Delhi___Nitin Gadkari.
Note:
 Indian Bridge Management System(IBMS) is developed to create an inventory of all bridges in the country and rate
their structural condition so that timely repair and rehabilitation work can be carried out based on the criticality
of the structure.

6. The chief guest for the 68th Republic Day celebrations of India on January 26, 2017___Sheikh Mohammed bin Zayed Al
Nahyan.
Note:
 Sheikh Mohammed bin Zayed Al Nahyan is the crown prince of Abu Dhabi.

7. CEO of Prasar Bharati Corporation has resigned ____Jawhar Sircar.

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8. The committee who has been constituted to examine causes of vacant seats in IITs, NITs___Partha Pratim Chakraborty
committee.
Note:
 The move comes in the wake of almost 3,000 seats falling vacant in 2016 despite six rounds of joint counselling for
the IITs, NITs and centrally funded technical institutions.
9. Indian origin person who appointed to the UK shadow cabinet ____Shami Chakrabarti
Note:
 Chairman of Central Water Commission (CWC) GS Jha will head the Cauvery supervisory committee and will
submit its report to the Supreme Court by October 17, 2016.
10. The India Sanitation Conference (INDOSAN) has been inaugurated by Prime Minister Narendra Modi at ___ New Delhi.
11. India’s the communication satellite launched by a heavy duty rocket of Arianespace from the spaceport of Kourou in
French Guiana ____ GSAT-18.
Note:
 The satellite aims at providing telecommunications services for the country by strengthening ISRO’s current fleet
of 14 operational telecommunication satellites.

States News

1. Who has become the first Indian state to implement Direct Benefit Transfer (DBT) in Kerosene__Jharkhand.
Note:
 The scheme is being implemented in 4 identified districts of the State from October 1, 2016.
2. India’s First Medical Park will be set up at____ Tamil Nadu.
Note:
 The Union Government has approved HLL Life care to sub-lease 330.10 acres of land to set up India’s first medical
technology manufacturing park at Chengalpattu in Chennai, Tamil Nadu.
 It is expected to be completed over 7 years.
3. The new species of Pika named Ochotona sikimaria has discovered in___ Sikkim.
4. Indira Gandhi International Airport terminal has declared first Platinum rated green airport terminal building in India
____Terminal 3.
5. Brand ambassador of Kerala’s ‘Haritha Keralam’ project___K J Yesudas.
Note:
 The veteran Carnatic vocalist and playback singer has become brand ambassador of Haritha Keralam (Green
Kerala) project of the Kerala government.
 The project is a massive initiative envisaged for a garbage-free and clean state.
6. The World Heritage site has declared as the cleanest iconic place in India ____ Rani ki Vav, Gujarat.
7. The 6th BRICS Science & Technology Senior Official Meeting (SOM) was held at ____Jaipur, Rajasthan.

Important News – World

1. The first-ever BRICS trade fair will be held in___New Delhi.

Note:
 The first-ever BRICS trade fair & exhibition will be held at Pragati Maidan in New Delhi from 12th -14th October
to boost trade among the BRICS nations.
 The theme of the fair is 'Building BRICS – Innovation for Collaboration'.

2. Who has appointed as Honorary Consul of Germany in Hyderabad ___ BVR Mohan Reddy.
Note:
 Mohan Reddy will be the Consul for Germany in Telangana and Hyderabad.
3. Who has organized of the first edition of the World Sustainable Development Summit ____The Energy and Resources
Institute.

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4. Oil India Limited has signed MoU with the University to augment its reserves base and maximise recovery from its aging
oilfields___ University of Houston.
5. New frog species has been discovered in Australia’s largest virgin forest in Queensland____Cape York graceful tree frog
or Litoria Bella.
6. Who become the first country in the world to ban disposable plastic cups and plates ___France.

Books & Authors

1. The book “Far and Away:Reporting From the Brink of Change” has been authored by _____ Andrew Solomon.
Note:
 It is a big, sumptuous collection of those pieces of reportage and travel writing
2. The book “Modi’s Midas Touch in Foreign Policy” has been authored by____Surendra Kumar.
Note:
 The book outlines the progress and the fast imprint on the conduct of India’s Foreign Policy by the Prime Minister
Narendra Modi in the last two and a half years.
 The book has launched by Union Minister M. Venkaiah Naidu in New Delhi.
3. The book “Night of Fire” has been authored by ____Colin Thubron.
Note:
 The novel is a fictive masterpiece of exquisite beauty and lingering mystery.
4. The book “The Ministry of Utmost Happiness” has been authored by ___Arundhati Roy.
Note:
 It is fiction-based novel and will be published by Hamish Hamilton UK and Penguin India.

Honours & Award

1. Short film has won the first prize at the Swachh Bharat Short Film Festival (SBSFF)__Murga.
Note:
 The short film promotes the idea of clean India in which “Murga” as the metaphor depicts the victims that citizens
have made of themselves and of the children by not keeping the surroundings clean.
2. Who has won the 2016 Nobel Prize in Physiology or Medicine____Yoshinori Ohsumi.
Note:
 Japanese cell biologist Yoshinori Ohsumi has received the 2016 Noble Prize in Medicine for his discoveries on how
cells recycle their content, a process known as autophagy.
 Ohsumi is a professor in Tokyo Institute of Technology ‘s Frontier Research Center.
3. Indian film-maker has been conferred with the French honour of ‘Knight in the National Order of Merit’___Prajna Chowta.
Note:
 She is the Indian film-maker, elephant researcher and the founder of Aane Mane Foundation, which for the past
16 years has been researching and conserving wild Asian elephants.
4. An Indian-origin South African teen, has won scholarship at the 2016 Google Science Fair___Kiara Nirghin.
5. Who has won the 2016 Nobel Prize in Physics___David Thouless, Duncan Haldane and Michael Kosterlitz.
Note:
 Al l three laureates are conducting their research at universities in the United States.
 It was announced by the Royal Academy of Sciences in Stockholm, Sweden.

5. Who has been awarded the John F. Richards Prize 2016___Nayanjot Lahiri.
Note:
 Professor Nayanjot Lahiri has been awarded the 2016 John F. Richards Prize for her book Ashoka in Ancient India
 The Richards Prize is awarded annually by the American Historical Association (AHA) to the best book in South
Asian history.

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6. Who won the 2016 Nobel Prize in Chemistry__ Fraser Stoddart, Jean-Pierre Sauvage and Bernard Feringa.
Note:
 Jean-Pierre Sauvage (France), Sir J. Fraser Stoddart (Scotland) and Bernard L. Feringa (Netherlands) have
been awarded the 2016 Nobel Prize in Chemistry for the design and synthesis of molecular machines- the world’s
smallest machines.
7. Who has won the 2016 Nobel Peace Prize ___Juan Manuel Sant.
Note:
 The Colombian President Juan Manuel Sant has been awarded the Nobel Peace Prize for 2016 for his resolute
efforts to bring the country’s more than 50-year-long civil war to an end.
8. Who has been honoured with the prestigious 2016 Sustainable Development Leadership Award (SDLA) ____Pawan
Chamling.
Note:
 Chamling was presented with the award by President Pranab Mukherjee during World Sustainable
Development Summit (WSDS) at Vigyan Bhawan in New Delhi.
9. Former ISRO Chairman has inducted into the 2016 IAF Hall of Fame by the International Aeronautical Federation ___U R
Rao.
Obituaries

1. Malayali painter and was known for his contribution to the world of abstract and contemporary art has recently passed
away in Bangaluru__Yusuf Arakkal.
2. Eminent Manipuri theatre personality passed away at his Langol Tarung residence in Manipur__ Heisnam Kanhailal.
Note:
 He had contributed to the field of experimental theatre for more than 40 years.
 He was awarded the Padma Shri civilian award in 2004 and the Padma Bhushan civilian award in 2016 by the
Union Government.
Sports News

1. Who has smashed her own national record in Javelin throw to become the first Indian woman to cross the 60-metre
mark_____ Annu Rani.
Note: She has thrown 60.01 meters at the 56th Open National Athletics Championships in Lucknow (UP).
2. Who has won Malaysia Grand Prix Formula One World Championship 2016 ___Daniel Ricciardo.
Note:
 He is an Australian racing driver who is currently competing in Formula One for Red Bull Racing.
3. Who has won men’s U-18 Asia Cup Hockey Trophy____India.
Note:
 India lifted the 4th men’s Under-18 Asia Cup hockey trophy by defeating Bangladesh in the final in
Dhaka(Bangladesh).
 India scored a goal in the last minute to edge past hosts Bangladesh 5-4 in the final of the U-18 Men’s Asia Cup
hockey.
4. Who has scaled the world’s 6th highest mountain Cho Oyu___Arjun Vajpai.
5. Who has won silver in the 50 metre pistol event of the ISSF World Cup 2016 at Bologna, Italy__Jitu Rai.
Note:
 Wei Pang of China has won gold and Giuseppe Giordano of Italy has won bronze medal.
6. The sportsperson who awarded the Player of the Tournament for UEFA EURO 2016 ____ Antoine Griezmann.
7. The winner of the 2016 Shinhan Donghae Open ____ Gaganjeet Bhullar.
Note:
 India’s Arjuna awardee golfer Gaganjeet Bhullar has won the 6th Asian Tour title, Korea Open 2016 in Incheon,
South Korea.
 He was awarded a cash prize of 216 million-won ($196,000) for winning the title.

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