Current Affairs - 16 October 2014

India’s third navigation satellite IRNSS-1C was launched and placed successfully in its pre-designated orbit on 16 October 2014. This launch was executed by ISRO from the Satish Dhawan Space Centre (SDSC) in Sriharikota at 1.32 a.m. Which rocket of ISRO launched this satellite?

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  PSLV-C26

  PSLV-C26 stands for Polar Satellite Launch Vehicle C26 while IRNSS-1C stands for Indian Regional Navigational Satellite System-1C. IRNSS-1C is the third of the seven navigation satellites in the Indian Navigation Satellite System (IRNSS) and has wide-ranging applications in terrestrial, aerial and marine navigation. India has proposed to launch seven navigational satellites under the IRNSS series to put in place India’s navigation system on par with US’ Global Positioning System (GPS). The first two satellites in the series, IRNSS 1A and IRNSS 1B were also launched from Sriharikota on 1 July 2013 and 4 April 2014 respectively.

  
  

On 15 October 2014, China reacted strongly to announcement of which ambitious project by the Indian Government a few days ago?

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  Construction of 1800-km highway along China border in Arunachal Pradesh

  India had announced an ambitious project to construct highway along the McMahon Line in Arunachal Pradesh, mainly to counter China. China has already laid out a huge road network close to international borders in Arunachal. The proposed Indo-China frontier highway, that will be monitored by the Home Ministry will run parallel along the China border and will be 1,800 km long. This road project will be the biggest single infrastructure project in the history of India with an estimated cost of over Rs 40,000 crore. China has opposed India’s road project saying that first the border dispute between the two countries should be resolved.

Who was conferred with the Best Central Bank Governor award for 2014 by Euromoney magazine on 10 October 2014?

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  Raghuram Rajan, Governor of Reserve Bank of India

  This prestigious award was given to him for the tough monetary measures adopted by him to battle the storm ravaging the deficit-ridden Indian economy in the recent market crisis. In January 2003, the American Finance Association had awarded Raghuram Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40.

  
  

Which Indian private airline company on 15 October 2014 signed an agreement to buy 250 planes from European aircraft giant Airbus, a deal said to be the biggest sale ever for Airbus in terms of number of aircrafts?

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  IndiGo

  IndiGo is the largest airline company in India by market share and is the only airline among the four biggest currently operating to consistently report profits. It signed an MOU with France-based Airbus Industrie to buy 250 of its A320neo aircrafts to expand its fleet. Delivery of the 250 aircraft would start from 2018. These new aircraft will allow IndiGo to retire its older aircraft and keep the average age of its fleet to around six years, helping to keep operating costs down.

Who was chosen as the Most Valuable Player (MVP) of India’s Incheon Asian Games campaign at a felicitation of the medal winners on 13 October 2014?

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  M.C. Mary Kom

  Mary Kom became the first Indian woman boxer to win a gold medal in Asian Games when she clinched the yellow metal in flyweight (51kg) class at the 17th Asian Games held at Incheon (South Korea). She was named the MVP after a poll conducted by sponsors of Indian contingent Samsung India. All the 11 individual/team gold winners, including the men’s hockey team, were in the contest.

  
  

Current Affairs Quiz

• 1. Who amongst following won Man Booker Prize 2014 ?
  A. Richard Flanagan
  B. Ali Smith
  C. Howard Jacobson
  D. Neel Mukherjee
• 2. Union Finance Ministry on 14 October 2014 approved ____ FDI proposals with total investment of 1546 crore rupees.
  A. 25
  B. 35
  C. 45
  D. 55
• 3. Kotak Mahindra Bank (KMB) on 14 October 2014 launched Facebook-based funds transfer platform ___________.
  A. Rupay
  B. FaceKotak
  C. KayPay
  D. Easycash 
• 4. Man Booker Prize 2014 was awarded for which novel ?
  A. The Narrow Road to the Deep North
  B. The Lives of Others
  C. J
  D. To Rise Again at a Decent Hour
• 5. The book "Final Test: Exit Sachin Tendulkar" authored by ________________. 
  A. Dilip Vengsarkar
  B. Dilip D Souza
  C. Ravi Shastri
  D. Harsha Bhogle
• 6. Global Hand Washing Day (GHD) was observed across the world on ____________.
  A. 5 October 2014 
  B. 11 October 2014
  C. 13 October 2014 
  D. 15 October 2014
• 7. Who of the following has been nominated as the next Interpol chief to be appointed to the post in 2015 ? 
  A. Juergen Stock
  B. Ronald K Noble 
  C. Raymond Kendall
  D. Ranjit Sinha
• 8. Which of the following state has recently been declared as India's first 'Kerosene-free' state ? 
  A. Gujrat
  B. Tamilnadu 
  C. Delhi
  D. Sikkim
• 9. 'Hard Choices' is the memoir of which of the following renowned personalities ?
  A. Hilary Clinton 
  B. Condoleezza Rice
  C. John F. Kerry
  D. Madeleine Albright 
• 10. In October 2014, which government passes motion to recognize Palestine? 
  A. USA
  B. UK
  C. Japan
  D. Israel
• Answer :
  
  1)A, 2)A, 3)C, 4)A, 5)B, 6)D, 7)A, 8)C, 9)A, 10)B