Current Affairs 30 October 2019 –
Bangladesh to hold the world’s second-largest Muslim congregation ‘Bishwa Ijtema’ in January 2020
● Bangladesh will hold the first phase of Bishwa Ijtema, the second largest congregation of Muslim community after Hajj, from January 10 to 12, 2020 in Dhaka.
● The second phase of the Ijtema will be held from January 17 to 19.
● Bishwa Ijtema is an annual event which is held in a 160-acre field on the bank of the Turag River at Tongi on the outskirts of Dhaka since 1967.
● Bishwa Ijtema means world congregation and it draws in Muslims from about 150 countries.
Disabled, people over 80 can vote through postal ballot
● The people over 80 years of age and Persons with Disability can now cast their votes through postal ballot.
● However, such voters will have both the choices available either voting through postal ballot by following due procedure or going to the polling station on polling day for voting.
● On the recommendations of the Election Commission, the Ministry of Law and Justice has amended the Conduct of Election Rules, 1961, allowing senior citizens and person with disabilities in the absentee voter list.
● The person will make an application in a new Form 12 D, which will reach the Returning Officer within 5 days following the date of notification of election.
● After the receipt of such application, the elector will be issued a postal ballot paper, which will be deposited in the specified centre after the recording of the vote.
Three Indian-origin CEOs in Harvard Business Review’s top 10 best-performing CEOs
● Three Indian-origin CEOs have been featured in a list of world’s top 10 bestperforming chief executives.
● ‘The Best-Performing CEOs in the World, 2019’ list compiled by the Harvard Business Review (HBR) features 100 CEOs and has been topped by American technology company NVIDIA’s CEO Jensen Huang.
● Among the top 10 chief executives on the list, three spots have been occupied by the Indian-origin CEOs.
● On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoftchief Satya Nadella on the 9th spot.
RBI imposes Rs 35 lakh penalty on TMB
● The Reserve Bank has imposed a penalty of Rs 35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification.
● The RBI said in a release that it imposed the fine via an order dated October 24, 2019.
● It stated that the bank has been penalised for non-compliance withcertain provisions of directions issued by RBI on frauds classification and reporting by commercial banks and select FIs directions 2016.
UPI crosses 1 billion transactions mark in October
● India’s own domestic payment interface Unified Payments Interface (UPI) has announced that it has achieved the double milestone of one billion transactions as well as has crossed 100 million users in October.
● This achievement makes it the fastest adoption of any payments system anywhere else in the world.
● UPI has emerged as one of the major payment alternatives to debit, credit and ewallets. It has over 141 banks on board right now.
● UPI is a payment interface of the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India.
President Kovind confers first National Corporate Social Responsibility Awards
● Awards to the companies for their outstanding contribution in the area of Corporate Social Responsibility (CSR).
● Commending the efforts of Ministry of Corporate Affairs for initiating the National CSR Awards in the year of Gandhiji’s 150th birth anniversary, he said, these awards will be conferred every year on 2nd October.
● Every fiscal year since 2014-15, the corporate sector has set aside more than Rs 10,000 crore for social welfare and various social sectors like education, environment, health, poverty eradication, sanitation and safe drinking water have benefitted from this effort.
Tiger Woods equals world record for most career titles
● In Golf, Tiger Woods equalled the PGA Tour record of 82 tournament wins with victory at the Zozo Championship.
● The 43-year-old world number 10 had seven holes to finish in Japan as he matched fellow American Sam Snead’s record, set in 1965.
● It was his first event since having his fifth knee operation nine weeks ago.
● In April, Woods won his first major for 11 years with victory at the Masters, leaving him three short of Jack Nicklaus’ record of 18 major titles.