Current Affairs For Bank, IBPS Exams - 10 September, 2014

Current Affairs for BANK, IBPS Exams

Kolkata-born British author Neel Mukherjee’s latest novel The Lives of Others , set in troubled Bengal of the 1960s and centred around a dysfunctional family, has been shortlisted for the prestigious Booker Prize 2014, in its debut as a global literary award.
Mr. Mukherjee, who studied at Oxford and Cambridge, was also the only Indian-origin author to be longlisted earlier this year.
Mr. Mukherjee, now a British citizen, reviews fiction for the Times and the Sunday Telegraph and his first novel, A Life Apart was a joint winner of the Vodafone-Crossword Award in India.
Previously, the prize was open only to authors from the U.K. and Commonwealth, Republic of Ireland and Zimbabwe.
For the first time in its 46-year history, the £50,000-prize has been opened up to writers of all nationalities, writing originally in English and published in the U.K.— PTI

A Malaysian passenger jet blew up in mid-air over eastern Ukraine after being hit by numerous “high speed objects,” according to an interim report published on the disaster that claimed 298 lives.
Malaysia Airlines flight MH17 “broke up in the air probably as the result of structural damage caused by a large number of high-energy objects that penetrated the aircraft from outside,” said a highly anticipated report by the Dutch Safety Board.
The findings appear to back up claims that the Boeing 777, which crashed in July as it was flying from Amsterdam to Kuala Lumpur, was hit by shrapnel from a missile.
“There are no indications that the MH17 crash was caused by a technical fault or by actions of the crew,” the report said.
Kiev and the West have accused pro-Russian separatists of shooting down the plane with a surface-to-air BUK missile supplied by Moscow. But Russia blamed government forces for the attack. — AP

The upper age limit for managing directors (MDs) and chief executive officers (CEOs) and other whole-time director of banks in the private sector has been fixed at 70 years.
“Beyond this age (70 years), nobody should continue in the post,’’ the Reserve Bank of India (RBI) said.
“Within the overall limit of 70 years, individual bank boards are free to prescribe a lower retirement age for the whole-time directors, including the managing directors and chief executive officers, as an internal policy,’’ the RBI said.

Bajaj Auto, launched two supersport motorcycles from the KTM stable — KTM RC390 and KTM RC 200.
KTM bikes have won more than 240 World Championship titles.
According to a company statement, the KTM RC390 is priced at Rs.2.05 lakh while the KTM RC 200 is priced at Rs. 1.60 lakh (both ex-showroom Delhi).
Both bikes will be backed by KTM’s 140 exclusive dealer network across the country and will be available from September 10 with dealers.

Bangladesh captain Mushfiqur Rahim completed his third Test century but could not prevent West Indies from romping to a 10-wicket victory early on day five of the opening Test at Arnos Vale Sports Complex .
Mushfiqur was last man out for 116 as Bangladesh, 256 for five overnight, was bowled out for 314 in its second innings.
The pint-sized wicketkeeper hit 15 fours and one six off 243 balls in five and a half hours.
Kemar Roach was the best of the host’s bowlers with four for 64, while fellow pacer Shannon Gabriel grabbed two for 25 and left-arm spinner Sulieman Benn, two for 44.
West Indies, needing just 13 for victory, eased to the target before the lunch interval.

The Supreme Court told the Centre that horse-trading would continue if steps were not taken soon to form a government in Delhi.
“Things better be done at the earliest, otherwise horse-trading will continue,” a five-judge Constitution Bench led by Justice H.L. Dattu told the Centre.
The observation was made with reference to a footage released by the Aam Aadmi Party, the petitioner in the case, purportedly showing some Bharatiya Janata Party leaders inducing its party MLA with money and perks to support the BJP.

China has stated its intent to substantially elevate its ties during the upcoming visit of President Xi Jinping to India, disallowing differences in perception on the border issue to cloud a growing relationship of significance.
Liu Jianchao, Assistant Foreign Minister, told visiting Indian journalists that President Xi’s visit next week would mark the beginning of “another era” in Sino-Indian ties, embedded with strong “strategic” resonance.
Chinese analysts are of the view that the United States’ Pivot to Asia — broadly seen as a China containment doctrine — has, in response, triggered greater possibilities for stronger partnerships between Beijing and some of the regional heavyweights, including Russia and India.
“Imagine the contribution it would make to human civilisation if China and India began to work together for the development and progress of 2.5 billion people,” observed Mr. Liu.
In response to a question, he said Beijing was open to exploring the possibility with Moscow of linking India with the $400 billion mega energy tie up that China had recently signed with Russia.

Four days ahead of the by-election in the Noida assembly constituency of western Uttar Pradesh, the Election Commission issued notice to BJP MP Yogi Adityanath for violation of the Model Code of Conduct.
The Gorakhpur MP, the BJP’s lead campaigner in U.P. has been charged with violating several sections of the model code : these relate to activities that aggravate “existing differences or create mutual hatred or cause tension between different castes and communities, religious or linguistic,” making an appeal to caste or communal feelings for securing votes,” and using “religion for furtherance of the prospects of election of a candidate,” promoting “enmity or hatred between different classes of the citizens of lndia on grounds of religion, race, caste, community, or language” to help a candidate.
This comes against the backdrop of Yogi Adityanath consistently making inflammatory speeches through the campaign, the most recent on Sunday when he blamed people of a minority religion for the State’s recent communal tensions.