Daily GK Update 20th October 2016, Important Current Affairs

1. The International Union for Conservation of Nature (IUCN) is going to declare the Kashmiri Red Stag (also known as Hangul) as a Critically Endangered species.

2. India has signed agreement with Russia to lease second Akula-II class nuclear attack submarine (SSN). The deal is believed to be worth about $2 billion.

3. India and Myanmar have signed three Memorandum of Understanding (MoUs) to boost bilateral relations between two neighbouring nations. MoU for designing an academic and professional building programme for insurance industry of Myanmar. MoU on Cooperation in the field of Power Sector. Under it India has offered to enhance power supply from Moreh in Manipur to Tamu in Myanmar. MoU on Banking Supervision. It was signed between Reserve Bank of India (RBI) and Central Bank of Myanmar.

4.  India and China have conducted second joint military exercise “Sino India Cooperation 2016” in Ladakh region along the Line of Actual Control (LAC) in Jammu and Kashmir.

5. The Election Commission of India hosted the first ever International Conference on Voter Education in New Delhi. The three day (from 19 to 21 October, 2016) conference was inaugurated by the Chief Election Commissioner (CEC) Dr Nasim Zaidi.

6. India has shown keen desire to initiate a joint venture (JV) arrangement with Algeria for a multi-billion dollar fertilizer plant located in the North African country.

7. Noted British statistician Sir David Cox (92) was awarded inaugural recipient of the International Prize in Statistics. The International Prize in Statistics Foundation has bestowed this award on Sir David Cox in recognition of Survival Analysis Model (or Cox Model) Applied in Medicine, Science, and Engineering.

8. The World Bank has pledged 2 billion US dollars aid package to Bangladesh to tackle climate change over the next three years. The aid package is part of the World Bank’s fund for the poorest countries.

9. Public Sector Enterprise HLL Lifecare Ltd (HLL) has been awarded Regional Export Award under the category of the Top exporter in Kerala (Gold) by the Federation of Indian Export Organisations – Southern Region (FIEO, SR).

10. The Indian Boxing Council, IBC has been inducted into the World Boxing Organisation with voting rights in the WBO’s annual convention at Puerto Rico. IBC is a licensing body for the country’s professional boxers.