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Day To Day Current Affairs - 16th August 2014 By Gandhi Raveendra Reddy


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This post includes the current affairs on 16th August 2104.
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Day To Day Current Affairs - 16th August 2014
1. Former RBI Governor Bimal Jalan to head the Expenditure Management Commission
i. The Union Government decided to appoint former RBI governor Bimal Jalan as the head of the Expenditure Management Commission. ii. He would be tasked to suggest ways for managing public finances by reducing food, fertiliser and oil subsidies to include fiscal deficit.
Expenditure Management Commission
i. Union Finance minister Arun Jaitley had announced the setting up of an Expenditure Management Commission in the Union Budget 2014-15 in July 2014.
ii. The purpose of setting up the commission is to cut-off the spending and review government expenditure to get maximum output.
iii. The Commission will submit its interim report before the Budget of 2015-16 and its final report before the Budget of 2016-17.
2. Karnataka, Kerala sign MoU for rural livelihood mission
i. Karnataka and Kerala governments have signed an MoU for rural livelihood mission.
ii. The Karnataka Minister for Rural Development and Panchyatraj, H K Patil, and the Kerala Chief Minister, Ommen Chandy, had signed the MoU on August 13 at Thiruvanathapuram.
iii. As per the MoU, Kerala Governement’s Kudumbashree and Karnataka State Rural Livelihood Mission are to help train and hand-hold rural Self Help Groups (SHGs) in Karnataka.
3. Gadkari announces 15,000 cr road projects for UP, Haryana
i. Union Minister for Roads, Highways and Shipping Nitin Gadkari on Friday announced Rs 15,000 crore road projects in Uttar Pradesh and Haryana.
ii. The Centre would invest over 15,000 crore for construction of roads in Uttar Pradesh and Haryana. 5,000 crore would be allotted for road projects in Uttar Pradesh whereas Haryana would get 10,000 crore, Gadkari at the foundation stone laying ceremony of a flyover to be built over Yamuna river here.
iii. The Minister said the 200 crore flyover project, stretching over 23 km, would connect Greater Noida and Greater Faridabad.
iv. “The flyover would be completed in two years. It would help in the development of both the districts,” he said.
4. Ravichandran Ashwin nominated for 2014 Arjuna Award
i. Offspinner Ravichandran Ashwin has been nominated for the 2014 Arjuna Award for his performances as India's leading spinner.
ii. The Tamil Nadu player, who made his Test debut in 2011, was part of India's World Cup victory that year and recently became the number one allrounder in the ICC rankings.
iii. In the Test rankings, Ashwin displaced South Africa's Vernon Philander at the number one spot.
iv. The 27-year-old Ashwin has been India's premier offspinner for the last few years and he has taken 104 Test wickets from 20 matches and 106 scalps from 79 ODIs.
5. Delhi University professor Dr. Sunil Kumar received Global South Award of IPSA
i. Delhi University professor Dr. Sunil Kumar received Global South Award given by International Political Science Association (IPSA). The award was given at the 23rd world congress of political science held in Montreal, Canada.
ii. Dr. Kumar received the award in recognition of outstanding work on the politics of the developing world. He was awarded for his paper titled Changing Landscape of Electoral Democracy and Political Demography: A Study of 2014 General Elections in India.
iii. He is an Associate Professor in Political Science Department of Shyam Lal College of Delhi Univeristy.
iv. The first Global South Award was bagged by Aam Aadmi Party leader Yogendra Yadav in 2009.
6. China unveiled next generation ICBM Dongfeng -41
i. China on 3 August 2014 unveiled its next generation Intercontinental Ballistic Missile (ICBM) Dongfeng – 41 (DF-41).
ii. The missile with an operation range varying between 12000 km to 15000 km is amongst the world’s longest range missiles.
iii. DF-41 with its long range has similar abilities to the US rocketMinuteman, which has a range of 13000 km or Russian RS-24M Yars.
iv. The DF-41 missile is a nuclear solid fuelled road mobile intercontinental ballistic missile and the weapons are meant for deterrence. Further it is speculated that the DF-41 missiles will be able to carry three nuclear warheads.
7. Maryam Mirzakhani became the first woman to bag Fields Medal
i. Maryam Mirzakhani, an Iranian born mathematician, became the first woman to win coveted Fields Medal on 13 August 2014 in Seoul, South Korea.
ii. The award recognized her contributions to the field of geometry particularly in studying the symmetry of curved surfaces such as spheres.
iii. Mirzakhani’s work has implications for the study of cryptography and prime numbers as well as for physics and quantum field theory.
iv. She was one of four mathematicians who were awarded the Fields Medal 2014. Three other awardees were:
• Artur Avila of the Institute of Mathematics of Jussieu, for his contributions in Dynamical Systems Theory
• Manjul Bhargava of Princeton University, for developing new approach in the geometry of numbers
• Martin Hairer of the University of Warwick, for his contributions to the Theory of Stochastic Partial Differential Equations
8. Kush Kumar became first Indian player to reach semi final of World Junior Squash Championship
i. Kush Kumar on became the first Indian player to reach the semi-final of World Junior Squash Championship. The championship is being held in Windhoek, Namibia.
ii. He achieved this feat when he defeated England's George Parker 11-8, 11-8 in straight games in quarter final of the WSF World Junior Individual Squash Championship. From the outset, Kumar had a firm control of the proceedings, getting his drive on direction and drops to perfection.
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