Competitive exams like SSC CGL, IBPS Bank PO, SBI PO, UPSC, etc. cover a range of topics, including current affairs and general knowledge. Our daily updates will help you prepare for these exams as they cover all relevant GK topics. Best Wishes!
1. FDI limit on
insurance sector raised to 49%
i. According to the Commerce & Industry
Ministry, the Foreign Direct Investment (FDI) limit in the insurance sector has been increased
to 49% from 26%.
ii. This follows the approval given by the Union
Cabinet for the promulgation of an ordinance hiking the FDI limit in the insurance
sector to 49 per cent in December last year, after the legislation to amend the
insurance law could not be passed in the winter session of Parliament.
2. Ranjan
Dhawan takes additional charge as MD & CEO of BOB
i. Ranjan Dhawan, the senior most executive
director of the bank has been given additional charge of Managing Director and Chief
Executive officer of Bank of Baroda.
ii. He will serve as the MD &
CEO for three months.
iii. The post of full-time Managing Director and
CEO has been vacant since July, when the then Chairman and Managing Director S S
Mundra was appointed RBI Deputy Governor.
3. Ola acquires
aggregator TaxiForSure for $ 200 mn
i. Ola has acquired TaxiForSure, India’s second
largest cab aggregator, for $200 mn in a cash and equity deal on Monday.
ii. According to the deal, Ola and TaxiForSure
will continue to operate separate entities and all 1,700 employees at
TaxiForSure will be retained and nothing will change for customers, drivers and
operators on the TaxiForSure platform.
iii. TaxiForSure is currently providing service in
47 cities with over 15,000 vehicles registered on its platform.
4. Jagmohan
Dalmiya becomes BCCI President
i. Jagmohan Dalmiya has unanimously been elected President of the Board of Control for Cricket
in India today. He became the BCCI president for the second term.
ii. He has
previously served as President of the International Cricket Council for the
three years from 1997 to 2000.
iii. Anurag Thakur,
who was joint-secretary before has become the new secretary after edging out
Sanjay Patel 15-14.
5. Chelsea lifted
English League Cup
i. English
Premier League leaders Chelsea defeated Tottenham Hotspurs by 2-0 in the final
to lift the English League Cup trophy.
ii. With this win,
Chelsea won five League Cups, matching Aston Villa for second-most behind
Liverpool’s eight.
6. Nadal lifts
2015 Argentina Open title
i. Rafal Nadal defeated Juan Monaco by 6-4, 6-1
to win the Argentina Open, lifting his first title of 2015.
ii. With this win, Nadal has won 65 titles in his
career and has become the fifth player in the world in terms of number of titles won. He now stands behind Jimmy Connors (109), Ivan Lendl
(94), Roger Federer (84) and John McEnroe (77).
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