Daily Dose of GK : 13 th October, 2015

Daily Dose of  GK : 13 th October, 2015

1. P S Jayakumar takes over as MD and CEO of Bank of Baroda.

P S Jayakumar, has taken over as the chief of Bank of Baroda at a time when the bank is under the investigation glare for an alleged fraud and black money transactions worth over Rs 6,000 crore. Last week, it was alleged that a whopping Rs 6,172 crore was remitted from Bank of Baroda to Hong Kong camouflaged as payments for non-existent imports like cashew, pulses and rice. The amount was allegedly deposited in 59 accounts in cash as advance for imports that never existed.

In mid-August this year, the government had roped in private sector professionals to run two of its largest banks  Bank of Baroda and Canara Bank. Ravi Venkatesan, ex-chairman of Microsoft India, has been appointed the non-executive Chairman of BoB.

2. Indian Diaspora in UK launches 'Modi Express' bus ahead of Modi's November visit.

The Indian community in the United Kingdom launched a 'Modi Express' bus that will take the travellers on a tour around iconic landmarks ahead of Prime Minister Narendra Modi's maiden visit to the country in November 2015. Modi is expected to address the Indian community at Wembley Stadium on 13 November -- the day of Diwali celebrations.

3. India inks Rs 130-crore deal for 194 micro light aircraft.

India signed a Rs 130 crore deal for 194 microlight aircraft from Slovenian company Pipistrel Aircraft, for use by its National Cadet Corps (NCC), Air Force and Navy. At the Defence Acquisition Council meeting chaired by defence minister Manohar Parrikar in July, the nod was given for buying and staggering the microlight aircraft from Slovenian Aircraft manufacturer Pipistrel.

4. India funded 5 million US dollars grant to Palestine as Budgetary assistance.

India on 12 October 2015 granted a cheque of 5 million US dollars to the Palestinian government as a budgetary support. The grant was handed over by Indian President Pranab Mukherjee  during his visit to Palestine. Mukherjee also reiterated India’s support to the Israeli-Palestinian crisis based on negotiations with UN Security Council resolutions.

5. Veteran Malayalam filmmaker I.V. Sasi honoured with J.C. Daniel Award.

Renowned Malayalam filmmaker I.V. Sasi on 12 October 2015 was awarded with the prestigious J.C. Daniel Award for the year 2014 for his contributions towards the Malayalam entertainment industry. . In 1982, his film Aaroodam won the Nargis Dutt Award for the best feature film on National Integration.In 1982, his film Aaroodam won the Nargis Dutt Award for the best feature film on National Integration.