Current Affairs Update – 6th February, 2016

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 6th February, 2016. These are important for the upcoming LIC AAO 2016 Exam.


Current Affairs at a Glance - 6th February, 2016
  1. Union Labour Ministry on 5 February 2016 signed agreements with leading organizations engaged in employment and career related activities. The agreements were signed to exploit the potential of the National Career Service (NCS) project.  The MoUs signed with Uber, Quikr, Monster, Tech Mahindra, Babajobs, India Staffing Federation, Buzzmatic Ventures and GoldFish will help in widening the scope and scale of the project.
  2. Mahindra Asset Management Company (AMC) on 4 February 2016 received Securities and Exchange Board of India’s (SEBI’s) approval to manage the Mahindra Mutual Fund.
  3. President Pranab Mukherjee, onboard the presidential yacht INS Sumitra, inspected the fleet of 71 Indian naval ships at the International Fleet Review 2016.
  4. The Union Ministry of Agriculture and Farmers Welfare on 5 February 2016 decided to set up the National Organic Farming Research Institute in Sikkim.
  5. Padma Shri awardee Renana Jhabvala, an Ahmedabad-based social worker has been invited to serve as a panelist on a UN panel on women's economic empowerment.
  6. Eminent cartoonist Sudhir Tailang, who chronicled contemporary Indian politics with wit and humour, died.
  7. NASA Astronaut Edgar Mitchell, who was the sixth man to walk on the Moon, died on 4 February 2016 in West Palm Beach, Florida. The lunar module pilot on Apollo 14 died at the age of 85. 


Finance/Industry –

Labour Ministry signed agreements with organizations engaged in employment & career activities


  • Union Labour Ministry on 5 February 2016 signed agreements with leading organizations engaged in employment and career related activities. The agreements were signed to exploit the potential of the National Career Service (NCS) project.
  • The MoUs signed with Uber, Quikr, Monster, Tech Mahindra, Babajobs, India Staffing Federation, Buzzmatic Ventures and GoldFish will help in widening the scope and scale of the project.
  • This partnership will also provide transparent and credible platform and save both employers and job seekers from possible fraudulent practices.


Mahindra AMC received SEBI nod for Mutual Fund business


  • Mahindra Asset Management Company (AMC) on 4 February 2016 received Securities and Exchange Board of India’s (SEBI’s) approval to manage the Mahindra Mutual Fund.
  • Mahindra AMC is a wholly-owned subsidiary of Mahindra & Mahindra Financial Services (MMFS), a part of the Anand Mahindra-led Mahindra group.
  • According to reports, Mahindra Finance applied for a mutual fund licence on 30 December 2008 and was given an in-principle approval on 4 October 2011. 


India –

Pranab Mukherjee reviews Indian naval fleet at IFR 2016


  • India’s naval might was on full display off the coast of Visakhapatnam on Saturday as President Pranab Mukherjee reviewed the naval fleet.
  • A fleet review is a ceremonial inspection of naval warships by the supreme commander of the armed forces, the President of India.
  • President Pranab Mukherjee, onboard the presidential yacht INS Sumitra, inspected the fleet of 71 Indian naval ships.
  • Also on the yacht were Prime Minister Narendra Modi, Defence Minister Manohar Parrikar and three other service chiefs.
  • The fleet review has 71 of Indian Navy’s ships lined up, including both aircraft carriers, INS Vikramaditya and INS Virat. However, INS Virat will be retiring soon.
  • Around 50 navies and 24 foreign ships are participating in the International Fleet Review, the second to be held by India and the largest military exercise hosted by the country so far.
  • The last IFR was held in Mumbai in 2001 which was presided by the late APJ Abdul Kalam. Twenty-nine countries had participated in the event.


Union Government to set up National Organic Farming Research Institute in Sikkim


  • The Union Ministry of Agriculture and Farmers Welfare on 5 February 2016 decided to set up the National Organic Farming Research Institute in Sikkim.
  • The decision to this effect was taken by the Union Agriculture Minister Radhamohan Singh and Sikkim Agriculture Minister Som Nath Paudyal in New Delhi.
  • The institute will be established by upgrading the existing Regional Centre of the Indian Council of Agricultural Research (ICAR) in Gangtok.
  • The setting up of the institute is of primary importance for Sikkim as it was declared as the first organic farming State in the country in January 2016 by the Prime Minister Narendra Modi.


Appointments –
               
Indian Social Worker Renana Jhabvala to be on UN Panel on Women's Economic Empowerment


  • Padma Shri awardee Renana Jhabvala, an Ahmedabad-based social worker has been invited to serve as a panelist on a UN panel on women's economic empowerment.
  • The United Nations has established the panel to provide recommendations on improving economic outcomes for women and promoting women's leadership in driving sustainable, inclusive and environmentally-sensitive economic growth in the context of the 2030 Agenda for Sustainable Development.
  • Daughter of Booker-prize winning novelist and screen-writer, Ruth Prawer Jhabvala, and well-known architect Cyrus S H Jhabvala, Renana has been active for decades in organising women into organisations and trade unions in India and is extensively involved in policy issues relating to poor women and the informal economy.
  • Renana, a Harvard graduate, is the Nation Coordinator of the Self-Employed Women's Association of India (SEWA), trade union for poor, self-employed women workers in India founded by noted Gandhian and civil rights leader Ela Bhatt.


Obituaries –

Cartoonist Sudhir Tailang Dead at 56


  • Eminent cartoonist Sudhir Tailang, who chronicled contemporary Indian politics with wit and humour, died here today after battling brain cancer for over two years.
  • The cartoonist, who had worked in a number of newspapers including Hindustan Times, The Indian Express and Times of India, was admitted to Medanta Medicity hospital in Gurgaon in December but was brought home around a month ago.
  • Tailang was awarded Padma Shri in 2004. As a cartoonist, many politicians including Indira Gandhi, Rajiv Gandhi, Atal Behari Vajpayee, P V Narasimha Rao, Manmohan Singh and Narendra Modi bore the brunt of his brush.
  • In 2009, he had come out with a book of cartoons titled "No, Prime Minister", which carried cartoons on Manmohan Singh drawn during first stint of his prime ministership.


NASA Astronaut Edgar Mitchell died


  • NASA Astronaut Edgar Mitchell, who was the sixth man to walk on the Moon, died on 4 February 2016 in West Palm Beach, Florida. The lunar module pilot on Apollo 14 died at the age of 85.
  • His death occurred on the eve of the 45th anniversary of his lunar landing, which took place on 5 February 1971.
  • Mitchell, Alan Shepard and Stuart Roosa were the crew of Apollo 14 mission, which launched on the lunar surface on 5 February 1971. As part of the Apollo 14 mission, he spent more than nine hours on the Moon's surface collecting rocks, taking measurements and other things. Mitchell helped collect 94 pounds of lunar rock and soil samples that were distributed across 187 scientific teams in the United States and 14 other countries for analysis.





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