Current Affairs Questions & Answers - July 24, 2016

ANSWER: DIPP

Explanation:
To enhance the ease of doing business, Commerce and Industry Minister Nirmala Sitaraman indicated that a start up would now require only a certificate of recognition from the Department of Industrial Policy and Promotion and will not be required to go through the inter-ministerial board to proceeder IPR benefits.

• This announcement was made at the Start Up India States Conference under which the government announced a three year tax holiday and other benefits for entrepreneurs.
• Ministry has lined up meetings with different stakeholders including investors to resolve startup issues.
• Investors, industry and journalists will also be involved in the action plan to facilitate young entrepreneurs.

ANSWER: Turkey

Explanation:
The first decree signed by Recept Tayyip Erdogan authorises the closure of 1043 private schools, 1229 charities and foundations, 19 trade unions, 35 medical institutions and 15 universities.

• Erdogan has announced the closure of more than 1000 private schools and extended the period in which suspects can be detained without charge in the first decree since declaring the three month state of emergency.
• Erdogan declared the state of emergency late on 20th July and aims to enable authorities to swiftly and effectively identify supporters of the military coup in which 246 people were killed.
• All the institutions suspected of having links to US based Islamic cleric Fethullah Gulen masterminded the abortive coup.

ANSWER: Caratlane

Explanation:
Online jeweller Caratlane has elevated two of its senior most employees as co-founders namely Avnish Anand and Gurukeerthi. G. Both are senior vice presidents and will now be co-founders of Caratlane along with Mithun Sacheti.

ANSWER: West Indies

Explanation:
Indian skipper Virat Kohli earned a significant milestone in his career scoring a maiden double century in Test cricket against Day 2 of the first Test against West Indies in Antigua

• He broke Mohamed Azharuddin’s 26 year old record to become the first Indian captain to score double hundred overseas.
• Azhar’s match in Auckland during the 1990s was the previous best by an Indian captain outside the country.
• His previous highest score in Tests was 169 against Australia at the Melbourne Cricket Ground in 2014
  The right handed batsman is leading Indian for the first time in a test series in the Caribbean.
• Kohli scored 24 boundaries and strike rate of 71 to get the score of a maiden double century.

ANSWER: Japan

Explanation:
India and Japan have signed the agreement to come into force on October 1, 2016 and benefit numerous Indian and Japanese professionals as well as skilled workers in the two nations

• Pact will help to avoid double social security contributions in that an Indian worker on a short term contract in Japan will be exempted from making a social security contribution there- this holds true for Japanese workers in India as well.
• Exemption will be provided only if the Indian worker is under the social security system of India and continues to pay contribution during the period of overseas contract.
• India has signed such social security agreements with 15 nations including Canada, Denmark, Finland, France, Hungary and Luxembourg.

ANSWER: Syed Haider Raza

Explanation:
Raza passed away on 23rd July at the age of 94. His rich use of colour and inspiration from Indian philosophy and cosmology has won many accolades

• He was awarded the Padma Shri in 1981, the Padma Bhushan in 2007 and Padma Vibhushan in 2013.
• He was also conferred with the Legion of Honour, France’s highest civilian honour in 2015.
• His work Saurashtra fetched INR 16.42 crore at a Christie auction.

ANSWER: Manamadurai

Explanation:
To contribute to the mission Swachch Bharat Abhigyan launched by India’s PM, Ministry of Railways has taken the initiative to provide human discharge free bio-toilets in all coaches. The Ministry has also inaugurated the First Green Train Corridor Rameswaram to Manamadurai free from human waste discharge.

• The Rameswaram Manamadurai track of 114 km was identified to make it a Green Train Corridor free from human waste discharge.
• After Rameswaram Manamadurai, the other tracks to be made free from human waste discharge from trains include Oklha-Kanalas, Probandar-Wansjaliya and Jammu-Katra.