Important Current Affairs 28th October 2015

CURRENT AFFAIRS OCTOBER 28, 2015

o    According to the World Health Organization (WHO)'s recent report, Processed meats - such as bacon, sausages and ham - do cause cancer.
Its report said 50g of processed meat a day - less than two slices of bacon - increased the chance of developing colorectal cancer by 18%.

o    27th October was World Day for Audiovisual Heritage.

o    This commemorative day was chosen by UNESCO in the year 2005 to raise of awareness of the significance of and preservation risks recorded sound and audiovisual documents (films, sound and video recordings, radio and television programmes).

o    Theme of 2015 : “Archives at Risk: Protecting the World Identities”

o    27^th October 2015 was 24th Independence Day of Turkmenistan.

o    It became independent upon the dissolution of the Soviet Union in 1991.

o    About Turkmenistan

o    Capital - Ashgabat

o    President - Gurbanguly Berdimuhamedow

o    Currency - Turkmen new manat

o    The Maharashtra government withdrew the controversial circular on sedition law, which says that charges can be imposed on anybody who, by words, signs or visible representation, criticizes politicians or elected representatives belonging to the government.

o    The government released the First ever Hindi atlas book on India's indigenous "Mars Orbiter Mission (MOM)".

o    The government has set up a high-level committee to suggest simplification of Income Tax laws, a report that could form basis for tinkering with the controversial retrospective applicability of tax.

o    The 10-member panel, headed by former Delhi High Court Justice R V Easwar, has been asked to submit a preliminary report by January 31, just in time for incorporating suggestions that need legislative approval in the Budget for 2016-17. 

o    Swiss processed foods major Nestle has resumed manufacturing of Maggi noodles at three of its India facilities and will hit the markets after getting clearances from food testing laboratories.

o    Indian Railways on 27 October 2015 received Rs. 2,000 crore from Life Insurance Corporation (LIC) as part of long-term funding tied-up with the state-run insurer to restart the investment cycle.
Imp Railways had signed an MoU with LIC in March this year for financial assistance of Rs 1.5 lakh crore over the next five years for construction of new lines and route electrification. There is a five-year moratorium on interest and loan repayment

o    The International Olympic Committee has announced that refugee athletes will be allowed for the 1st time to take part in next year's Olympics.

o    Reliance Industries Limited (RIL) became the first corporate to sign the revised listing agreement with the BSE as mandated under SEBI’s newly introduced Listing Regulation on 27^th October 2015.

o    the rightist-centrist political party Law and Justice Party scored an emphatic victory in Polish (Poland’s) parliamentary elections on 25 October 2015.
It is the first time since democracy was restored in Poland in 1989 that a single party has won enough seats to govern alone.

o    The 2015 Melbourne Mercer Global Pension Index (MMGPI), which is one of the most comprehensive global pension indexes, was released during October 2015. With an overall score of 81.7 points, it rated Denmark as the best retirement system in the world for the fourth consecutive time.
The primary reasons for Denmark’s top spot is its well-funded pension system with its good coverage, high level of assets and contributions, the provision of adequate benefits and a private pension system with developed regulations.