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Current affairs : October 13, 2016 for all competetive exams


International Day for Disaster Reduction: October 13
International Day for Disaster Reduction is observed annually on 13 October. 
  • This year theme is Live to Tell: Raising Awareness, Reducing Mortality.


India to promote indigenous expertise in cyber security, to fund start-ups
India is building its first platform for homegrown cyber security companies to promote indigenous expertise in the field and help local firms get a larger share of the country’s digital security technology budget.
  • In this regard, the government and industry have come together to prepare a road map to create a platform for digital and cyber security products and solution companies.


Cabinet approves setting up of IIM Jammu
The Cabinet today approved the setting up of an Indian Institute of Management in Jammu as part of PM Narendra Modi's development package for Jammu and Kashmir. 
  • The government recently set up an Indian Institute of Technology in Jammu. 


Cabinet approves pact between EXIM Bank, NDB

Union Cabinet today approved a pact between Export-Import Bank of India and BRICS-promoted New Development Bank, along with other development financial institutions of member nations, with an aim to strengthen trade and economic ties.
  • The New Development Bank (NDB) aims to mobilize resources for development projects in BRICS, emerging economies and developing countries.


Coordinated Patrol and India-Indonesia Bilateral Maritime Exercise commence in Indonesia
The 28th India and Indonesia Coordinated Patrol (CORPAT) and Second Bilateral Maritime Exercise have commenced at Belawan, Indonesia in the Andaman Sea.


Draft Water Bill suggests basin-level management
The Centre has come out with a draft National Water Framework Bill, 2016.
  • Aim of the Bill: It aims to resolve several inter-state disputes over river water sharing.


SIT set to comb P-Note data for black money
The special investigation team (SIT) on black money has asked the Securities and Exchange Board of India (Sebi) to furnish the details of all those investing through participatory notes (P-Notes).
  • This is the first time the government-constituted body has sought such massive amount of data, which includes the list of beneficial owners and transfer trials of investors taking the P-Note route to invest in domestic equity and debt markets.


Punjab Agricultural University signs MoU with FieldFresh to promote crop research
Punjab Agricultural University and FieldFresh Foods, a joint venture between Bharti Enterprises & Del Monte Pacific Limited have signed a Memorandum of Understanding (MoU) to carry out a corn productivity research programme.
  • The MoU follows the agreement signed recently between Cambridge University and Bharti Foundation to fund the research Programme.


Human hair used to produce cheaper cathodes for solar cells
Researchers at the Indian Institute of Science Education and Research (IISER) in Kolkata have used human hair to produce cost-effective, metal-free cathodes for use in solar cells. 
  • This is the first instance where a bio-waste-derived electrode has been used as cathode in a quantum dot sensitised solar cell device.


ICICI Bank first Indian lender to execute Blockchain transaction
ICICI Bank has become the first Indian lender to complete a banking transaction using Blockchain technology.
  • This remittance transaction has been completed in partnership with Emirates NBD, a lender from the West Asia.


Bank of Baroda signs brand endorsement with Sindhu, Srikanth
Public lender Bank of Baroda today sealed a principal sponsorship contract with badminton Olympians P V Sindhu and K Srikanth.
  • The three-year deal with the two players was agreed in-principle before they represented and made India proud on the international stage at the Rio 2016 Olympics.


Bank of Maharashtra renews tie-up with United India Insurance
State-run Bank of Maharashtra has renewed its corporate agency tie-up with United India Insurance Company. 
  • Customers can buy the entire gamut of UIIC products at any of the 1,896 branches of the bank across the country.


India donates Rs. 9.3 million to Mandela Foundation
India donated Rs. 9.3 million to the Nelson Mandela Foundation to help it in its welfare work for the people of South Africa. 
  • The Nelson Mandela Foundation was established in 1999 after the then President Nelson Mandela stepped down as the President of South Africa.


Murali Krishna in IT ‘Hall of Fame’
Murali Krishna Chemuturi of Chemuturi Consultants will be inducted into the ‘ Hall of Fame’ in IT Innovation & Excellence Awards 2016 to be held at the University of Mumbai on October 15.
  • Mr. Chemuturi, who is author of several books, will be honoured at this annual technology conference of Computer Society of India (CSI).


Ramesh Pokhriyal Nishank awarded by Ugandan govt for his literary work
Former Uttarakhand chief minister Ramesh Pokhriyal Nishank has been conferred with a prestigious award by the Ugandan government for promoting human values through his literature.




Govt appoints G Mahalingam as Sebi whole-time member
The government has appointed Reserve Bank's Executive Director G Mahalingam as a Whole-Time Member of markets regulator Sebi.
  • Apart from the Chairman, the Securities and Exchange Board of India (Sebi) can have three Whole-Time Members (WTMs).


Dipa Karmakar to return BMW, wants cash instead
Expressing her inability to maintain a luxury car in Agartala, gymnast Dipa Karmakar has requested that she be given a cash prize equivalent to the vehicle’s cost.
  • Ms. Karmakar, who became the first Indian woman gymnast to qualify for the Olympics, produced a memorable performance in Rio, finishing fourth in the vault event. 
  • A BMW car was gifted to her by Hyderabad District Badminton Association president Chamundeswaranath.



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