Current Affairs for SSC CGL Exams - 30 June 2015

::International::

India will be the second largest shareholder

With Japan, the other large Asian economy besides China, opting out of the Asian Infrastructure Investment Bank’s membership, India is the bank’s second largest shareholder with a stake of 8.52 per cent and a voting share of 7.5 per cent.
The voting shares are based on the size of each member country’s economy and not contribution to the bank’s authorised capital. China’s shareholding is 30.34 per cent and it has retained 26.06 per cent of the voting rights with veto powers for certain key decisions.
Apart from China and India, some of the countries which signed the agreement are Australia, Austria, Azerbaijan, Bangladesh, Brazil, Brunei Darussalam, Cambodia, Egypt, Finland, France, Georgia, Germany, Iceland, Indonesia, Iran, Israel and , Italy, Jordan, Kazakhstan, Kyrgyz Republic, Lao PDR, Luxembourg, Maldives, Malta, Mongolia, Myanmar, Nepal, Netherlands, New Zealand, Norway, Oman, Pakistan, Portugal, Qatar, Republic of Korea, Russia, Saudi Arabia, Singapore, Spain, Sri Lanka, Sweden, Switzerland, Tajikistan, Turkey, the U.A.E and the U.K.

::National::

Jayalalithaa back to Tamil Nadu assembly

AIADMK general secretary and chief minister J Jayalalithaa returned to the Tamil Nadu assembly on Tuesday by a record victory margin from the Radkhakrishnan Nagar constituency.
Jayalalithaa polled 160,432 votes while her nearest rival, Communist Party of India's (CPI) C Mahendran, got just 9,710 votes - a victory margin of 150,722 votes.
The total electorate in the constituency was around 245,000, and the chief minister bagged more than 50% of that.

::Sports ::

Has Vijender Singh set a wrong precedent for young Indian boxers?

While other countries' preparations for the next year's Rio Olympics are in full swing, India's preparations suffered a major setback as renowned boxer Vijender Singh turned pro on Monday, bringing down curtains to his national career.
It was a heartbreaking moment for boxing lovers as Vijender, India's first boxer to win an Olympic medal, signed a multi-year deal with Queensberry Promotions, owned by Francis Warren, where he will fight at least six times in the first year in middleweight category.
While the decision could do wonders to the boxer's financial status, it could also possibly set a wrong precedent for the upcoming Indian boxers, who want to represent India in major sporting events.
Ever since the epic bout between Floyd Mayweather and Manny Pacquiao took place in May earlier in year, the amount of money these two pugilists earned has been a matter of discussion across the world.
But going forward, Vijender will have to wait for at least 12 to 18 months before going for the big-ticket bouts.
Till then he will be training and sharpening his skills under renowned trainer Lee Beard, who has helped several boxers in the past turn pro.
As per the rules, once a boxer turns professional, he cannot compete at an amateur level.
The International Boxing Association (AIBA) allows only those boxers who are a part of its pro boxing competition, AIBA Pro Boxing (APB), to compete in the Olympics.
Notably in 2008, Vijender became the first Indian pugilist to win an Olympic medal when he won bronze in Beijing.

No charges against Suresh Raina, Ravindra Jadeja, Dwayne Bravo

The International Cricket Council (ICC) had found no evidence against the three international cricketers, who have been accused of accepting bribes by former Indian Premier League (IPL) Commissioner Lalit Modi and had closed the matter after a thorough investigation.
The game’s governing body had on Sunday hinted that it had found no evidence against the three cricketers — Suresh Raina (India), Ravindra Jadeja(India) and Dwayne Bravo (West Indies), all of whom play for Chennai Super Kings (CSK) in the IPL. It said in a statement, “…The ACSU handled that information in accordance with its standard operating procedures, which included sharing it with the Board of Control for Cricket in India‘s (BCCI) anti-corruption unit.”
Reliable sources said had there been any wrongdoing, the world body ‘s Anti-Corruption and Security Unit (ACSU) would have opened an inquiry. ALSO READ: BCCI gives clean chit to Raina, Jadeja and Bravo