Daily Dose of GK : 20th October, 2015
1 PM Narendra Modi, President Pranab Mukherjee to launch one
stop research funding mechanism 'IMPRINT':
Prime Minister Narendra Modi and President Pranab
Mukherjee will next month launch a single window funding clearance mechanism
backed with a Rs 1,000-crore kitty to get Indian technical institutions to
conduct original research in areas where the country is heavily dependent on
foreign technology.
The move to set up a one stop funding system has been
made after a number of scientists and researchers conveyed how the current
bureaucratic systems were coming in the way and delaying projects as well as
discouraging institutes from taking them up.
2.Urvashi Rautela crowned Miss Diva 2015
Model-actress Urvashi Rautela on 18 October 2015 was
crowned as Yamaha Fascino Miss Diva 2015 at a star-studded event in Mumbai.
With this, she became India’s representative for the Miss Universe pageant.
A part of Femina Miss India pageant, Miss Diva
competition chooses India's representatives for Miss Universe and other
pageants after Miss Universe Organization awarded back the franchise to
Bennett, Coleman & Co. Ltd.
3.Konkan Railway to set up a tunnel technology institute at
Margao in Goa
Railway Minister Suresh Prabhu announced on 19 October
2015 that Konkan Railway will establish a tunnel technology institute at Goa's
Margao town. The institute will enable training for the technology, which is
still not available in India.
The institute, which is first of its kind in the nation,
will be established in the honour of former Railway Minister George Fernandes,
who is said to be the driving force behind the Konkan Railway. The institute
will be called as George Fernandes Institute of Tunnel Technology.
4.Narendra Modi inaugurates IDFC Bank
Prime Minister Narendra Modi inaugurated the IDFC Bank in
New Delhi. IDFC Bank Limited, which started its operations on 1 October 2015,
is an Indian Banking company with headquarters in Mumbai that forms a part of
IDFC, an integrated infrastructure finance company.
IDFC Bank was granted a universal banking license in
July 2015 by the Reserve Bank of India (RBI).
Announcing the launch of abof.com, Kumar Mangalam Birla,
Chairman, Aditya Birla Group said, "The e-commerce sector is a sunrise
sector from an investment point of view".
The new venture will compete with the likes of
Flipkart-owned Myntra and Rocket Internet-backed Jabong, besides horizontal
e-commerce players such as Amazon and Snapdeal.
Birla sees abof.com remaining an independent
company at least in the foreseeable future. But, going ahead, Birla stated
abof.com can be open to roping in an investor.
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