Daily GK Update: 30th October, 2015 current affairs : China abandons its decade old One Child Policy.
- China, world’s most populous country announced to abandon its three decades long one child policy and changed it two child policy.
- The ruling Communist Party of China (CPC) in this regard has issued an official communiqué at the end of party’s 4 day plenary session headed by President Xi Jinping in Beijing.
- The change of policy is intended to Balance population development world’s second largest economy.
India and South Africa Forum Summit 2015 held in New delhi.
- India-Africa Forum Summit (IAFS) 2015 was held for four days between 26 October and 29 October 2015 at Indira Gandhi Stadium Complex in New Delhi.
- Besides PM Narendra Modi, the summit was attended by top leaders of 40 African nations.
- The purpose of the meeting was to enable consultations at the highest political level between 54 nations across Africa and the Indian government.
NRIs now can subscribe to National Pension System , approved by RBI.
- RBI has allowed non-resident Indians (NRIs) to subscribe to the National Pension System (NPS) enabling them access old age income security.
- RBI has taken this decision in consultation with Union Government under the Prime Minister Narendra Modi’s efforts to appease NRIs.
RBI allowed Indian corporate to issue offshore rupee denominated bonds outside india.
- RBI has granted permission to the Indian corporate to issue offshore rupee-denominated bonds outside India.
- In this regard, Union Government has considered the matter of taxation of income from such bonds under Income Tax (IT) Act, 1961.
- Such bonds will attract a withholding tax of 5 per cent and gains arising in case of appreciation of rupee against the foreign currency.
- In this case investment made would be exempted from capital gains tax.
President of Tanzania : John Magufuli
- John Pombe Magufuli of ruling Chama Cha Mapinduzi (CCM) party has won the 2015 Tanzanian Presidential election.
- With this victory he became fifth President of Tanzania since its independence from United Kingdom in 1961.
China’s first lunar rover Yutu sets record for longest stay on Moon.
- With working on the Moon for almost two years it has surpassed previous record of Soviet Union’s (USSR’s) 1970 launched rover Lunokhod 1, which had spent 11 months on the Moon.
- The lunar rover Yutu was deployed and landed on the moon in 2013 via China’s Chang’e-3 lunar probe.
- In 2014, it had experienced a mechanical control abnormality but was revived.
EU’s Shakharov Prize 2015 : Raif Badawi
- Saudi blogger Raif Badawi has been selected for EU’s prestigious Sakharov Prize for human rights for 2015.
- European Parliament assembly in Strasbourg, France has honoured Mr. Bidawi with this award considering him as a symbol of the fight for freedom of speech.
Activist Bindeshwar Pathak selected for New York Global Leaders Dialogue Humanitarian Award.
- Sociologist and founder of Sulabh International Bindeshwar Pathak on 29 October 2015 was selected for the prestigious New York Global Leaders Dialogue Humanitarian Award for his contribution to sanitation and improving the quality of life for millions of manual scavengers.
- He will be presented with the award on 12 April 2016 in New York, US.
Preparing for IBPS Clerk 2015 Exam ?
IPC Athletics World Championship : Amit Kumar wins silver in men’s club throw F51 event.
- With this, Amit sealed a berth for 2016 Rio Paralympic Games.