11 January 2017 events

11 January 2017 events

1.   Vidhan Sabha Election Results 2017

Goa Result Status Status Known For 40 out of 40 Constituencies Party Won Leading Total Bharatiya Janata Party 13 0 13 Indian National Congress 17 0 17 Nationalist Congress Party 1 0 1 Maharashtrawadi Gomantak 3 0 3 Goa Forward Party 3 0 3 Independent 3 0 3 Total 40 0 40 Manipur Result Status Status Known For 60 out of 60 Constituencies Party Won Leading Total All India Trinamool Congress 1 0 1 Bharatiya Janata Party 21 0 21 Indian National Congress 28 0 28 Naga Peoples Front 4 0 4 Lok Jan Shakti Party 1 0 1 National People's Party 4 0 4 Independent 1 0 1 Total 60 0 60 Punjab Result Status Status Known For 117 out of 117 Constituencies Party Won Leading Total Bharatiya Janata Party 3 0 3 Indian National Congress 77 0 77 Aam Aadmi Party 20 0 20 Shiromani Akali Dal 15 0 15 Lok Insaaf Party 2 0 2 Total 117 0 117 Uttar Pradesh Result Status Status Known For 403 out of 403 Constituencies Party Won Leading Total Bahujan Samaj Party 19 0 19 Bharatiya Janata Party 312 0 312 Indian National Congress 7 0 7 Rashtriya Lok Dal 1 0 1 Samajwadi Party 47 0 47 Apna Dal (Soneylal) 9 0 9 Nirbal Indian Shoshit Hamara Aam Dal 1 0 1 Suheldev Bhartiya Samaj Party 4 0 4 Independent 3 0 3 Total 403 0 403 Uttarakhand Result Status Status Known For 70 out of 70 Constituencies Party Won Leading Total Bharatiya Janata Party 56 1 57 Indian National Congress 11 0 11 Independent 2 0 2 Total 69 1 70 ,goa,

      2.   Four States — Odisha, West Bengal, Chhattisgarh and Jharkhand — which comprise India’s most human-elephant conflict-prone region, have decided to count elephants synchronously between May 9 and 12.

 Key facts:

§  This will be the first regional synchronous elephant census with an identical set of rules for direct and indirect counting methods.

§  The census has been consciously been scheduled for May 10, a full moon day on which the chances of elephant sightings are higher.

§  The direct elephant counting method is based on sightings of elephants, while in the indirect method, surveyors follow a dung decay formula for arriving at a population estimation. Dung decay methods have already been used by Karnataka and Tamil Nadu. A variation of about 8% to 9% has been noticed between the two methods.

§  The synchronised census will indicate the size, distribution, structure and density of the elephant population in the region.

      3.    RBI Restricts Cash Loan Against Gold by NBFC to Rs 25,000

i. Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold according to RBI.

ii. The earlier provision for NBFC was that high-value loans against the gold of Rs 1 lakh and above must only be disbursed by cheque. RBI reduced the amount to Rs 25,000 from the earlier Rs 1 lakh in line with the provisions of the Income Tax Act.

iii. The decision was taken in the backdrop of government’s focus on less cash economy and promoting digital payments.

     4.    Paytm to levy 2% fee on recharge via credit cards

i. Digital wallet player Paytm will now levy a 2% fee for adding money to Paytm wallet using credit cards.

ii. This is a result of multiple users using Paytm to get free credit by using credit cards to top up their digital wallets and transferring the money back to their bank accounts at zero transaction cost.

iii. The digital payment wallet will, however, provide an equivalent amount of cashback for using credit card to add money to the wallet. The cost of adding money to the wallet through other modes such as net banking and debit cards remains non-chargeable.

 5. Paddleboarder makes world-first Atlantic crossing

i. A South African man Chris Bertish has become the first person to cross the Atlantic Ocean on a stand-up paddleboard after completing an epic 4,050-mile voyage alone at sea.ii. Chris Bertish pulled into Antigua, in the Leeward islands of the Caribbean after departing from Agadir, Morocco, 93 days ago. Bertish, 42, a big-wave surfer as well as a sailor, who won the renowned Mavericks surf contest in northern California in 2010.