Highlights of Rio Olympics 2016

CURRENT AFFAIRS
Presented by:
                     Kajal Rajput
                     Jyothika Borah
                     Sital Singha
                     Swarnali Saha
About Rio Olympics
The 
2016 Summer Olympics
 officially known as the 
Games of the
XXXI Olympiad
 and branded commonly known as 
Rio 2016
Its  held in  Maracanã Stadium , Rio de Janeiro, Brazil, from 5
August to 21 August 2016.
The Indian Olympic Association sent the nation's largest ever
delegation for  Rio, a total of  117 athletes
India ranks 67
th
 in the Rio Olympics.
 
ABOUT PV SINDHU
 
Pusarla Venkata Sindhu
Born 5 July 1995
Indian professional badminton    player
At the 2016 summer Olympics, she
became the first Indian woman to win an
Olympic silver medal
ABOUT SAKSHI MALIK
 
Sakshi Malik
  is an Indian freestyle
wrestler
Born 3 September 1992
In 2016 summer Olympics, she won the
bronze medal in the 58 kg category
Becoming the first Indian female
wrestler to win a medal at the Olympics
ABOUT DIPA KARMAKAR
Dipa  Karmakar
Born 9 august 1993
She is the only gymnast who
represented India at the 2016
summer Olympics.
She is the first Indian female
gymnast in 52 years
 She attained 4th position in
women's vault gymnastics
Achievements in Rio
Medals-
i.
1 silver -  P.V. Sindhu – Badminton- Women’s Single
ii.
1 bronze - Sakhshi Malik – Wrestling – Women’s freestyle 58 kg
Dipa Karmakar
 is the first Indian female gymnast, who
represented India and attained 4
th
 position
Rio Olympics is officially opened by -Vice President Michel Temer
Total no , of  athletes participating 11,303
PV Sindhu, Sakshi Malik, Gymnast Dipa Karmakar and Shooter Jitu
Rai were conferred with the Rajiv Gandhi Khel Ratna Awards.
Coaches were honoured with Dronacharya Awards
Rio Olympics rank chart
Special Olympic
Founded in 1968
Focused on adults with disabilities
Provide training to 5.3 million athletes
Held after every 2 years
Recent one held in Los Angeles, California (25
th
 July-2
nd
 Aug)
Austria will host the next Olympic
Participants from over 170 countries
Organization offers year round training in 32 sports
Support of International sport persons like Rafer Jhonson and Jackie Chan
Sports offered
Special Olympic 2015
India shines at Summer Olympic 2015
Indian contingent consist of 275 participants
Won 173 medals!!
47 gold, 54 silver and 72 bronze
Michelle Obama joined the opening ceremony
Steller performance: Shri Ranvir Singh Saini; 1
st
 Indian
golfer to win gold
GST(Goods And Service Tax)
 
GST in one indirect tax for the whole nation, which will make India one
unified common market
GST objectives:-
1. Ensuring availability of input credit across the value chain
2. Minimizing cascading effect of taxation
3. Simplification of tax administration and compliance
4. Harmonization of tax base, laws, and administration procedures
across the country
5. Minimizing tax rate slabs to avoid classification issues
Benefits of GST – for business and industry
Easy compliance
Uniformity for tax rates and structures
Removal of cascading- reduce hidden cost of doing business
 Improve competitiveness
Gain to manufacturers and exporters
Benefits of GST – for the consumer
Single and transparent tax 
proportionate to the value of goods and
services
Relief in overall tax burden 
– because of efficiency gains and
prevention of leakages, the overall tax  burden on most commodities
will come down, which will benefit customers
About Maharashtra
Chief Minister of Maharashtra : Devendra Fadnavis
Governor of Maharashtra: Chennamaneni Vidyasagar Rao
Total population of Maharashtra:12.13 crore
Literacy rate:82.9%
Mayer of Pune: Prashant Jagtap
Total population of Pune: 0.59 crore
Literacy rate:86.15%
Gujarat CM(Chief Minister) change
Current CM(Chief Minister) of Gujarat: Vijay Rupani
born 2 August 1956 is an Indian politician from the Bharatiya
Janata Party since 7
th
 August 2016
Vijay Rupani and Nitin Patel were sworn in as the Chief
Minister and Deputy Chief Minister of Gujarat respectively on
Sunday at a swearing-in ceremony in Mahatma Mandir in
Gandhinagar.
And a member of the Gujarat Legislative Assembly
representing Rajkot west.
CONT.
“Ms. Patel even reportedly threatened to leave the meeting half way
but Mr. Shah did not budge from his backing to Mr. Rupani,” a
senior party leader told 
The Hindu.
The source said: “Ms. Patel insisted that as agreed earlier, the party
should go by seniority and select Nitin Patel because Mr. Rupani is a
first-time MLA and lacks administrative experience.”
RBI Governor
India’s new Governor: Urjit R Patel
Born 28 October 1963 is an Indian economist, consultant and
banker, currently serving as Deputy Governor of the Reserve Bank
of India (RBI).
Worked with the International Monetary Fund between 1990 and
1995 where he covered the US, India, Bahamas and Myanmar
desks.
Patel has also been Director of State Bank of India since February
2013
Was an advisor with Boston Consulting Group before his
appointment as the deputy governor at RBI in 2013.
Hierarchy
Role of RBI
The function of the central bank of a country is to control and
monitor the banking and financial system of the country.
In India, the 
Reserve Bank of India
(
RBI
) is the Central Bank.
The 
RBI
 was established in 1935. It was nationalised in 1949.
Into the past
Setup on the recommendation of Hilton Young Comission
Operation commenced on April 1
st
 1935
Main function of the bank:
i.
Regulate the issue of banknotes
ii.
Maintain reserve to secure monetary stability
iii.
Operate credit and currency system to its advantage
Currency offices: Calcutta, Bombay, Madras, Rangoon, Kanpur
Nationalized in 1949
Developmental and Promotional role of RBI
Development of the Financial System
Development of Agriculture
Provision of Industrial Finance
Provisions of Training
Collection of Data
Prime minister’s Initiatives
Bankingshortcuts.com
Pradhan Mantri Jan Dhan Yojna
Objective
: A bank account to every Indian, access to need based credit
,insurance and pension to the weaker sections and low income groups.
 
Benefits
:
Interest on deposit
Accidental insurance cover of Rs. 1lakhs
Life insurance cover of Rs.30 lakhs
Overdraft facility after six months
RuPay debit card
No minimum balance required
Achievements
Pradhan Mantri Jan Dhan Yojana has seen a great success.
 About 21 Crore accounts have been opened in just about one and
half year under the scheme.
Despite of zero minimum balance, there is 33074.89 crore rupees
balance in these accounts with 28.88% accounts opened with zero
balance.
Digital India
Vision: Launched in 2014 to transform India into a digitally
empowered society.
All departments of government of India would be digitally
connected to each other & to the target population.
Pillars of Digital India:
Broadband Highways
Public internet access program
E-governance– reforming government through technology
E-kranti-- electronic delivery of services
Information for all
Swachh Bharat
Launched:
 2 October 2014
Main Objective:
 To fulfil Mahatma Gandhi’s dream of a clean and
hygienic India by 2nd October 2019.
Swachh Bharat Mission is being implemented by the Ministry of
Urban Development and by the Ministry of Drinking Water and
Sanitation for urban and rural areas respectively.
A performance ranking is given to 476 cities based on open
defecation and solid waste management practices.
Top cities : Mysore, Trichirapalli, Navi Mumbai ,Kochi, Hassan
,Mandhya ,Bangluru, etc.
Make in India
Launched:
 25 September 2014
Main Objective:
 To encourage multi-national, as well as domestic
companies to manufacture their products in India and create jobs
and skill enhancement in 25 sectors.
Job creation and skill enhancement in 25 sectors of the economy.
The initiative also aims at high quality standards and minimizing the
impact on the environment. The initiative hopes to attract capital and
technological investment in India.
Smart City Mission
Launched:
 25 June 2015
Main Objective:
 To develop 100 cities all over the country making
them citizen friendly and sustainable.
Under the mission, the NDA Government aims to develop smart
cities equipped with basic infrastructure and offer a good quality of
life through smart solutions.
Assured water and power supply, sanitation and solid waste
management, efficient urban mobility and public transport, robust IT
connectivity, e-governance and citizen participation along with
safety of its citizens are some of the likely attributes of these smart
cities.
Skill India
Launched:
 16 July 2015
Main Objective:
 Train over 40 crore people in India in different
skills by 2022.
The main goal of Skill India Program is to create opportunities,
space and scope for the development of talents of the Indian youth.
Focus to revamp antiquated industrial training centers that will skill
over 20 lakh people annually.
What is Unicorn
 
They are called “Unicorns”—private companies valued at $1 billion or more.
A Decacorn is a word used for those 
companies
 over $10 billion.
Hectocorn is the appropriate term for such a 
company
 valued over $100 billion.
Globally, 
163 unicorns are listed at a total cumulative valuation  of $568
billion.
The unicorn club in India houses nine startups namely-Flipkart, Snapdeal, Mu
Sigma, InMobi, Paytm, Zomato, Shopclues, Ola and Quikr. .
Seven of these nine unicorns are consumer-internet startups.
Indianexpress.com
 
 
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The Rio Olympics 2016 saw India's remarkable performance with achievements by athletes like PV Sindhu, Sakshi Malik, and Dipa Karmakar. PV Sindhu won a silver medal in badminton, Sakshi Malik won a bronze in wrestling, and Dipa Karmakar made history as the first Indian female gymnast in 52 years. The event also witnessed athletes being honored with prestigious awards like the Rajiv Gandhi Khel Ratna and Dronacharya Awards.

  • Rio Olympics
  • India
  • PV Sindhu
  • Sakshi Malik
  • Dipa Karmakar

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  1. CURRENT AFFAIRS Presented by: Kajal Rajput Jyothika Borah Sital Singha Swarnali Saha

  2. About Rio Olympics The 2016 Summer Olympics officially known as the Games of the XXXI Olympiad and branded commonly known as Rio 2016 Its held in Maracan Stadium , Rio de Janeiro, Brazil, from 5 August to 21 August 2016. The Indian Olympic Association sent the nation's largest ever delegation for Rio, a total of 117 athletes India ranks 67thin the Rio Olympics.

  3. ABOUT PV SINDHU Pusarla Venkata Sindhu Born 5 July 1995 Indian professional badminton player At the 2016 summer Olympics, she became the first Indian woman to win an Olympic silver medal

  4. ABOUT SAKSHI MALIK Sakshi Malik is an Indian freestyle wrestler Born 3 September 1992 In 2016 summer Olympics, she won the bronze medal in the 58 kg category Becoming the first Indian female wrestler to win a medal at the Olympics

  5. ABOUT DIPA KARMAKAR Dipa Karmakar Born 9 august 1993 She is the only gymnast who represented India at the 2016 summer Olympics. She is the first Indian female gymnast in 52 years She attained 4th position in women's vault gymnastics

  6. Achievements in Rio Medals- i. 1 silver - P.V. Sindhu Badminton- Women s Single ii. 1 bronze - Sakhshi Malik Wrestling Women s freestyle 58 kg Dipa Karmakar is the first Indian female gymnast, who represented India and attained 4thposition

  7. Rio Olympics is officially opened by -Vice President Michel Temer Total no , of athletes participating 11,303 PV Sindhu, Sakshi Malik, Gymnast Dipa Karmakar and Shooter Jitu Rai were conferred with the Rajiv Gandhi Khel RatnaAwards. Coaches were honoured with DronacharyaAwards

  8. Rio Olympics rank chart RANK COUNTRY GOLD SILVER BRONZE TOTAL UNITED STATES 46 37 38 121 1 2 GREAT BRITAIN 67 27 23 17 3 CHINA 26 18 26 70 4 RUSSIA 19 18 19 56 5 GERMAN 17 10 15 42 67 INDIA 0 1 1 2

  9. Special Olympic Founded in 1968 Focused on adults with disabilities Provide training to 5.3 million athletes Held after every 2 years Recent one held in Los Angeles, California (25th July-2nd Aug) Austria will host the next Olympic Participants from over 170 countries Organization offers year round training in 32 sports Support of International sport persons like Rafer Jhonson and Jackie Chan

  10. Sports offered Athletics Badminton Basketball Bowling Cricket Cycling Skating Floor Hockey Football Golf Judo Netball Power lifting Roller Skating Skiing Swimming Kayaking Table tennis Tennis Short track Vollyball

  11. Special Olympic 2015 India shines at Summer Olympic 2015 Indian contingent consist of 275 participants Won 173 medals!! 47 gold, 54 silver and 72 bronze Michelle Obama joined the opening ceremony Steller performance: Shri Ranvir Singh Saini; 1st Indian golfer to win gold

  12. GST(Goods And Service Tax) GST in one indirect tax for the whole nation, which will make India one unified common market GST objectives:- 1. Ensuring availability of input credit across the value chain 2. Minimizing cascading effect of taxation 3. Simplification of tax administration and compliance 4. Harmonization of tax base, laws, and administration procedures across the country 5. Minimizing tax rate slabs to avoid classification issues

  13. Benefits of GST for business and industry Easy compliance Uniformity for tax rates and structures Removal of cascading- reduce hidden cost of doing business Improve competitiveness Gain to manufacturers and exporters

  14. Benefits of GST for the consumer Single and transparent tax proportionate to the value of goods and services Relief in overall tax burden because of efficiency gains and prevention of leakages, the overall tax burden on most commodities will come down, which will benefit customers

  15. About Maharashtra Chief Minister of Maharashtra : Devendra Fadnavis Governor of Maharashtra: Chennamaneni Vidyasagar Rao Total population of Maharashtra:12.13 crore Literacy rate:82.9% Mayer of Pune: Prashant Jagtap Total population of Pune: 0.59 crore Literacy rate:86.15%

  16. Gujarat CM(Chief Minister) change Current CM(Chief Minister) of Gujarat: Vijay Rupani born 2 August 1956 is an Indian politician from the Bharatiya Janata Party since 7th August 2016 Vijay Rupani and Nitin Patel were sworn in as the Chief Minister and Deputy Chief Minister of Gujarat respectively on Sunday at a swearing-in ceremony in Mahatma Mandir in Gandhinagar. And a member of the Gujarat Legislative Assembly representing Rajkot west.

  17. CONT. Ms. Patel even reportedly threatened to leave the meeting half way but Mr. Shah did not budge from his backing to Mr. Rupani, a senior party leader told The Hindu. The source said: Ms. Patel insisted that as agreed earlier, the party should go by seniority and select Nitin Patel because Mr. Rupani is a first-time MLA and lacks administrative experience.

  18. RBI Governor India s new Governor: Urjit R Patel Born 28 October 1963 is an Indian economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India (RBI). Worked with the International Monetary Fund between 1990 and 1995 where he covered the US, India, Bahamas and Myanmar desks. Patel has also been Director of State Bank of India since February 2013 Was an advisor with Boston Consulting Group before his appointment as the deputy governor at RBI in 2013.

  19. Hierarchy

  20. Role of RBI The function of the central bank of a country is to control and monitor the banking and financial system of the country. In India, the Reserve Bank of India(RBI) is the Central Bank. The RBI was established in 1935. It was nationalised in 1949.

  21. Into the past Setup on the recommendation of Hilton Young Comission Operation commenced on April 1st 1935 Main function of the bank: i. Regulate the issue of banknotes ii. Maintain reserve to secure monetary stability iii. Operate credit and currency system to its advantage Currency offices: Calcutta, Bombay, Madras, Rangoon, Kanpur Nationalized in 1949

  22. Developmental and Promotional role of RBI Development of the Financial System Development of Agriculture Provision of Industrial Finance Provisions of Training Collection of Data

  23. Prime ministers Initiatives Bankingshortcuts.com

  24. Pradhan Mantri Jan Dhan Yojna Objective: A bank account to every Indian, access to need based credit ,insurance and pension to the weaker sections and low income groups. Benefits: Interest on deposit Accidental insurance cover of Rs. 1lakhs Life insurance cover of Rs.30 lakhs Overdraft facility after six months RuPay debit card No minimum balance required

  25. Achievements Pradhan Mantri Jan Dhan Yojana has seen a great success. About 21 Crore accounts have been opened in just about one and half year under the scheme. Despite of zero minimum balance, there is 33074.89 crore rupees balance in these accounts with 28.88% accounts opened with zero balance.

  26. Digital India Vision: Launched in 2014 to transform India into a digitally empowered society. All departments of government of India would be digitally connected to each other & to the target population. Pillars of Digital India: Broadband Highways Public internet access program E-governance reforming government through technology E-kranti-- electronic delivery of services Information for all

  27. Swachh Bharat Launched: 2 October 2014 Main Objective: To fulfil Mahatma Gandhi s dream of a clean and hygienic India by 2nd October 2019. Swachh Bharat Mission is being implemented by the Ministry of Urban Development and by the Ministry of Drinking Water and Sanitation for urban and rural areas respectively. A performance ranking is given to 476 cities based on open defecation and solid waste management practices. Top cities : Mysore, Trichirapalli, Navi Mumbai ,Kochi, Hassan ,Mandhya ,Bangluru, etc.

  28. Make in India Launched: 25 September 2014 Main Objective: To encourage multi-national, as well as domestic companies to manufacture their products in India and create jobs and skill enhancement in 25 sectors. Job creation and skill enhancement in 25 sectors of the economy. The initiative also aims at high quality standards and minimizing the impact on the environment. The initiative hopes to attract capital and technological investment in India.

  29. Smart City Mission Launched: 25 June 2015 Main Objective: To develop 100 cities all over the country making them citizen friendly and sustainable. Under the mission, the NDA Government aims to develop smart cities equipped with basic infrastructure and offer a good quality of life through smart solutions. Assured water and power supply, sanitation and solid waste management, efficient urban mobility and public transport, robust IT connectivity, e-governance and citizen participation along with safety of its citizens are some of the likely attributes of these smart cities.

  30. Skill India Launched: 16 July 2015 Main Objective: Train over 40 crore people in India in different skills by 2022. The main goal of Skill India Program is to create opportunities, space and scope for the development of talents of the Indian youth. Focus to revamp antiquated industrial training centers that will skill over 20 lakh people annually.

  31. What is Unicorn They are called Unicorns private companies valued at $1 billion or more. A Decacorn is a word used for those companies over $10 billion. Hectocorn is the appropriate term for such a company valued over $100 billion. Globally, 163 unicorns are listed at a total cumulative valuation of $568 billion. The unicorn club in India houses nine startups namely-Flipkart, Snapdeal, Mu Sigma, InMobi, Paytm, Zomato, Shopclues, Ola and Quikr. . Seven of these nine unicorns are consumer-internet startups. Indianexpress.com

  32. E-commerce biggie Flipkart founded in 2007 by Sachin Bansal and Binny Bansal: Headquartered in Bangalore, Karnataka, India. CEO: Binny Bansal Valued at $15 billion E-tailer Snapdeal started by Kunal Bahl in 2010: Head quatered in New Delhi. CEO: Kunal Bahl Valued at $6.5 billion Ola is an Indian online transportation network company. Founded as an online cab aggregator in Mumbai, but is now based out of Bangalore. CEO : Bhavish Aggarwal Valued at $5 billion

  33. Paytm is an Indian e-commerce website launched in 2010 headquartered in Noida, India. CEO: Vijay Shekhar Sharma Valued at $2 billion Quikr is an Indian classified advertising platform. It was founded by Pranay Chulet and Jiby Thomas in 2008. As of 2015 reported 15 million listings. CEO: Pranay Chulet Valued at $1.5 billion ShopClues.com is an online marketplace, headquartered in Gurgaon, India. Founded in 2011 by Sandeep Aggarwal & Sanjay Sethi. CEO: Sanjay Sethi Valued at $1.1 billion

  34. InMobi is a mobile advertising and discovery platform Founded by Naveen Tiwari in 2007. InMobi is India s first Unicorn company. CEO: Naveen Tiwari Valued at $1 billion Zomato, a restaurant search and discovery service was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. CEO: Deepinder Goyal Valued at $1 billion Mu Sigma is a category-defining decision sciences and big data analytics company. CEO: Ambiga Dhiraj Valued at $1 billion

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