05th January 2019 Current Affairs

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Companies (Amendment) Bill passed in Lok Sabha

  • On 4 January 2019, the Lok Sabha passed the Companies (Amendment) Bill, 2018.
  • The Bill seeks to improve ease of doing business, reduce the burden on the National Company Law Tribunal (NCLT) and prescribe strong action against non-compliant companies.
  • The Companies (Amendment), Bill, 2018 replaces the Ordinance promulgated in November 2018.

Government Launches ‘Swachh Survekshan 2019’

  • Union Housing and Urban Affairs Minister, Hardeep Singh Puri, launched the ‘Swachh Survekshan 2019’, the fourth edition of the annual nationwide cleanliness survey of urban India in New Delhi.
  • The Swachh Survekshan 2019 aims to evaluate the achievements in the cleanliness level in urban areas of the country. It is launched as a part of ‘Swachh Bharat Abhiyan’.

New Delhi Arbitration Centre Bill passed in LS

  • The New Delhi International Arbitration Centre Bill was passed in Lok Sabha on 4 January 2019.
  • The Bill seeks to establish an independent and autonomous regime for institutionalised arbitration.
  • It also seeks for acquisition and transfer of undertakings of the International Centre for Alternative Dispute Resolution (ICADR).
  • ICADR works under the aegis of the Supreme Court.

China tests its ‘Mother of All Bombs’

  • China tested its most powerful non-nuclear weapon, dubbed as the ‘Mother of All Bombs’ on 4 January 2019.
  • The bomb’s strength is only second to that of a nuclear weapon.
  • It was dropped by a Chinese H-6K bomber.
  • The bomb is five to six meters long but weighs less than America’s ‘Mother of All Bombs’ which was dropped in Afghanistan.

Vijay Mallya First Tycoon to Be Named “Fugitive Economic Offender”

  • Vijay Mallya became the first tycoon to be charged under a new anti-fraud law, with a court in Mumbai naming him as an offender under the Fugitive Economic Offenders Act, 2018.
  • The anti-corruption court was hearing an application by the Enforcement Directorate, seeking a direction to declare Mr. Mallya a fugitive economic offender.
  • According to the new law, a fugitive economic offender is a person against whom an arrest warrant has been issued for his or her involvement in economic offenses involving at least Rs.
  • 100 crore or more and has left India to avoid prosecution.

Government merges three regional rural banks

  • The government of India merged three Regional Rural Banks- Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank.
  • The single RRB will come into effect from 1 January 2019.
  • The sponsor banks of the RRBs are NABARD, the Government of Punjab and Punjab National Bank, SBI, and Punjab and Sind Bank.

National Table Tennis Championship Begins in Cuttack

  • The 80th National Table Tennis Championship began at Jawaharlal Nehru Indoor Stadium in Cuttack.
  • As many as 35 teams, including 550 players from different parts of the country are participating in the mega championship.

Wahengbam Singh to get National Bravery Award

  • Wahengbam Lamnganba Singh from Manipur was selected by the Indian Council for Child Welfare (ICCW) for receiving National Bravery Award.
  • He will be receiving the award from the Prime Minister Narendra Modi on January 23, 2019.
  • He saved his cousin brother from drowning in a pond on 16 May 2018.
  • The National Bravery Awards are given on every Republic Day.

Vijay Kumar won the Ramnath Goenka Award

  • Vijay Kumar was presented the ‘Ramnath Goenka Excellence in Journalism’ Award for Investigative Reporting (Print category) on 4 January 2019.
  • He is Senior Deputy Editor with ‘The Hindu’.
  • The award has been instituted by the Ramnath Goenka Memorial Foundation.
  • Awards were presented to 29 journalists across India in various categories.

NGT imposes Rs 100 Cr fine on Meghalaya govt

  • The National Green Tribunal imposed a fine of 100 crore rupees on Meghalaya government for its failure to curb illegal coal mining in the state.
  • The amount of the fine has to be deposited with the Central Pollution Control Board.
  • The action comes after a high-level committee submitted an adverse report to a bench headed by NGT chairperson AK Goel.

Andhra tops ACI’s Ease of Doing Business index

  • Andhra Pradesh topped the Asia Competitiveness Institute’s (ACI) 2018 ‘Ease of Doing Business’ Index.
  • Maharashtra and Delhi came in 2nd and 3rd place.
  • The index is based upon three parameters called ‘ABC’- Attractiveness to Investors, Business Friendliness and Competitiveness Policies.
  • Andhra Pradesh jumped from the 7th rank in 2016 to the 3rd rank in 2018 in Attractiveness to Investors.

Try out the quiz ?

1. Which of the following Companies (Amendment) Bill passed by Lok Sabha?

Correct! Wrong!

On 4 January 2019, the Lok Sabha passed the Companies (Amendment) Bill, 2018.

2. Government has Launched ‘Swachh Survekshan 2019’ in which city?

Correct! Wrong!

Union Housing and Urban Affairs Minister, Hardeep Singh Puri, launched the ‘Swachh Survekshan 2019’, the fourth edition of the annual nationwide cleanliness survey of urban India in New Delhi.

3. New Delhi Arbitration Centre Bill passed in which house?

Correct! Wrong!

The New Delhi International Arbitration Centre Bill was passed in Lok Sabha on 4 January 2019.

4. China tested its most powerful non-nuclear weapon, name of that weapon is?

Correct! Wrong!

China tested its most powerful non-nuclear weapon, dubbed as the ‘Mother of All Bombs’ on 4 January 2019.

5. What is the name of First Tycoon to Be Named “Fugitive Economic Offender”?

Correct! Wrong!

Vijay Mallya First Tycoon to Be Named “Fugitive Economic Offender”

6. The government of India has merged which of the three Regional Rural Banks?

Correct! Wrong!

The government of India merged three Regional Rural Banks- Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank.

7. The 80th National Table Tennis Championship began in which city?

Correct! Wrong!

The 80th National Table Tennis Championship began at Jawaharlal Nehru Indoor Stadium in Cuttack.

8. Wahengbam Lamnganba Singh has been selected for National Bravery Award, he belongs from which state?

Correct! Wrong!

Wahengbam Lamnganba Singh from Manipur was selected by the Indian Council for Child Welfare (ICCW) for receiving National Bravery Award.

9. Who is winner of Ramnath Goenka Award in Journalism?

Correct! Wrong!

S. Vijay Kumar was presented the ‘Ramnath Goenka Excellence in Journalism’ Award for Investigative Reporting (Print category) on 4 January 2019.

10. The National Green Tribunal imposed a fine of how many crore rupees on Meghalaya government?

Correct! Wrong!

The National Green Tribunal imposed a fine of 100 crore rupees on Meghalaya government for its failure to curb illegal coal mining in the state.

11. Which Indian state has topped in the Asia Competitiveness Institute’s (ACI) 2018 ‘Ease of Doing Business’ Index?

Correct! Wrong!

Andhra Pradesh topped the Asia Competitiveness Institute’s (ACI) 2018 ‘Ease of Doing Business’ Index.

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