Important Current Affairs 28th May 2016

Mamata Banerjee Sworn in West Bengal CM

1. Mamata Banerjee was sworn in as the chief minister of West Bengal for the second consecutive time.
2. She was administered oath of office and secrecy by state governor Keshri Nath Tripathi.
3. She first took over as chief minister on May 20, 2011.
4. In the recent concluded assembly elections, Banerjee led the Trinamool to a landslide victory, with the party winning 211 seats.

CBEC Notifies 0.5 pct Krishi Kalyan Cess

1. The Central Board of Excise & Customs (CBEC) has notified 0.5 percent Krishi Kalyan cess will come into force from June 1.
2. The service tax is levied on all services, expect a small negative list.
3. With imposition of Krishi Kalyan Cess the total incidence of Service Tax will go up to 15 %.
4. It is aimed at financing & promoting initiatives to improve agriculture.

Sonia Win Silver In World Boxing C’ships

1. Indian boxer Sonia Lather has settled for a silver medal at the AIBA Women’s World Championships in 57 kg category in Astana, Kazakhstan.
2. Sonia Lather earned a silver medal after losing the summit clash to Italian Alessia Mesiano.
3. India’s last gold at the prestigious tournament came in 2010 when M C Mary Kom had finished on top.
4. In the 2014 edition in South Korea, India had won two silver medals.

Obama Visit Hiroshima Bomb Site

1. Barack Obama became the first sitting US president to visit the site of the world’s first atomic bomb attack.
2. During the visit, Obama & PM Shinzo Abe laid wreaths at a cenotaph dedicated to bombing victims & toured the peace park.
3. The cenotaph includes the names of all victims of the Hiroshima bombing.
4. An estimated 140,000 people were killed in the world’s first atomic bombing at Hiroshima.

FinMin Eases Reporting Rules for FATCA

1. The finance ministry has made it easier for Indian financial institutions to comply with the reporting requirements under the financial information exchange pact (Fatca) with the US.
2. The ministry did away with the requirement of TIN (Tax Identification Number) number.
3. FATCA requires foreign financial institutions  to report information about financial accounts held by US taxpayers.

Centre to set up NIMZ in Orissa

1. The Central govt. has given final approval for setting up of National Investment & Manufacturing Zone (NIMZ) in Kalinganagar,Odisha.
2. A total of Rs 4,241 crore will be invested in the proposed NIMZ at Kalinga Nagar.
3. The first phase of the project will be completed by 2020.
4. The proposed project would be a mega industrial zone having a world-class township to cater to the needs of the investors.

BrahMos Missile Successfully Test-Fired

1. India has successfully test fired the over 290-km range BrahMos land-attack supersonic cruise missile.
2. The system was put to check by the Indian Air Force, which has acquired a squadron of it.
3. The flight conducted has met its mission parameters in a copybook manner.
4. The BrahMos can be launched from submarines, ships, aircraft or land.
5. It is a joint venture between the Russia & India.

Sadhguru to Lead Yoga Session at UN

1. Spiritual leader & Isha Foundation founder Sadhguru Jaggi Vasudev will lead a yoga session at the UN on the occasion of the 2nd International Yoga Day.
2. He will lead the yoga session at the international yoga day in the premises of the UN headquarters.
3. The International Yoga Day will be commemorated on June 21.
4. This year’s focus will be on the theme of Yoga for the Sustainable Development Goals.

Arunachal Reserve Win Biodiversity Award

1. Pakke Tiger Reserve in Arunachal Pradesh has received the India Biodiversity Award 2016.
2. The Hornbill Nest Adoption Programme of Reserve was awarded the prize under the category conservation of threatened species.
3. It has been a major step towards conservation of four hornbill species.
4. Under this programme urban citizens contribute money to protect hornbill nests.

HDFC Among Top10 Financial Services Firm

1. HDFC Ltd has been ranked among the world’s ten biggest and most powerful companies in the consumer financial services sector on a Forbes list.
2. The list was topped by global major American Express.
3. HDFC ranked 7 th and is the only Indian company in top-ten in this category.
4. In the overall list of the world’s 2,000 largest public companies compiled by Forbes, HDFC is ranked 404th.