TNPSC: Latest Current Affairs Today in English Medium Date: 05.10.2016

TNPSC Master publishes relevant fact based Current Affairs almost daily basis. In this current affairs helps you and useful for General Awareness part of TNPSC, UPSC, SSC IBPS Banking and other State Public Service Commission examination. TNPSC Master is a compilation of recent current events. In This section is updated almost daily events, Innovation, Achievement, Awards and New Appointments etc.

Latest Current Affairs Contains in following titles:
  • Physics Nobel - 2016 for research on `exotic matter'
  • SC bans Kerala public show of culled dogs
  • Class 12 CBSE students won't have re-evaluation next year
  • New RBI governor surprises with 0.25% rate cut, 1st in 6 months
  • Inflation target 4% over 5 yrs, clarifies Urjit Patel
  • IMF, WB predict 7.6% growth for India in 2016
  • Artist Yusuf Arakkal dead
  • Ishan Pandita First Indian in La Liga club
  • EU backs Paris climate agreement
Physics Nobel - 2016 for research on `exotic matter'
British scientists David Thouless, Duncan Haldane and Michael Kosterlitz have won the Nobel Prize in physics for their study of “exotic states of matter“ such as superconductors and superfluids. Their work might pave the way for quantum computers and has implications for other revolutionary technologies

SC bans Kerala public show of culled dogs
The Supreme Court on Tuesday banned public demonstrations with killed stray dogs in Kerala and asked the state chief secretary to submit a report detailing action taken against those involved in such demonstrations.

Class 12 CBSE students won't have re-evaluation next year
The Central Board of Secondary Education has decided to do away with the re-evaluation facility for Class 12 candidates from 2017. CBSE chairman R K Chaturvedi announced the move at a media briefing on Tuesday. The board had introduced a three-tier re-evaluation system for Class 12 candidates in 2014. Students and parents TOI spoke to termed the latest move as “unfair“.

New RBI governor surprises with 0.25% rate cut, 1st in 6 months
New RBI governor Urjit Patel announced the first rate cut in six months, ending the pause that had been in effect since April this year. A six-member monetary policy committee (MPC), which has taken over the job of setting interest rates from the Reserve Bank of India, voted unanimously to bring down by a quarter of a percentage point the repo rate, or the rate at which the RBI lends to banks, to a six-year low of 6.25%.

Inflation target 4% over 5 yrs, clarifies Urjit Patel
RBI governor Urjit Patel made his stance clear.Besides the rate cut, a key announcement was the decision to target domestic real rates in the range of 1.25-1.5% from 1.5-2% earlier.Patel also clarified that the inflation target was 4% (plus minus 2%) over five years and not by early 2018. On bad loans, he said the RBI would be firm but also show pragmatism so that the economy does not feel any lack of credit to support growth.

IMF, WB predict 7.6% growth for India in 2016
The IMF on Tuesday projected a robust 7.6% growth rate for India in 2016 and 2017, but asked the government to continue reforming its tax system and eliminate subsidies to provide more resources for investments in infrastructure, education and healthcare. The World Bank, too, forecast that India's growth will remain strong at 7.6% in 2016 and 7.7% in 2017. “India's GDP will continue to expand at the fastest pace among major economies, with growth forecast at 7.6% in 201617,“ the IMF said, a slight upward revision from 7.4% in its July projections. India remains the fastest growing major economy as IMF , in its World Economic Outlook, has projected 6.6% and 6.2% GDP growth rate for China for 2016 and 2017, respectively. Global growth is projected to slow down to 3.1% in 2016 before recovering to 3.4% in 2017.

Artist Yusuf Arakkal dead
Veteran artist Yusuf Arakkal passed away in his Bengaluru residence on Tuesday (04.10.2016) morning. Arakkal had been ailing for the past few weeks. He is survived by wife Sara and son Shibu, a photo artist. He was 71.

Ishan Pandita First Indian in La Liga club
Ishan Pandita, an 18-year old Bengaluru boy , on Monday signed a professional contract of one year with a Spanish La Liga club and became the first Indian to ink a deal with the club.

European Union backs Paris climate agreement
The European Parliament backed the Paris climate agreement on Tuesday , pushing the deal over the required threshold of nations representing at least 55% of global emissions to enter into force, in what UN chief Ban Ki-moon hailed as an historic vote. The Paris deal, ratified by 62 nations accounting for 52% of emissions, will help guide a radical shift of the world economy away from fossil fuels to limit global warming to “well below“ two degrees celsius compared to pre-industrial times

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