Current Affairs 04th September 2015

  • Logo for 2020 Tokyo Olympics Games was scrapped for plagiarism accusation 
Tokyo 2020 Olympics Games logo was scrapped by Games Organising Committee after there were allegations by a Belgian graphic designer Olivier Debie that it was plagiarised from his work. 
Designer claimed that this logo was similar to his 2013 logo for the Theatre de Liege.

  •  Bazmi Husain was appointed as Chief Technology Officer of ABB India Ltd
Bazmi Husain was appointed as new Chief Technology Officer (CTO) of ABB India Ltd. Husain who is a power and automation expert has been working with ABB from three decades. 
Do You Know :
  • CEO of ABB is - Ulrich Spiesshofer
  • ABB brings together an international team of highly skilled scientists across a variety of disciplines.
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  • Forward Markets Commission Commission is set to merge with SEBI with effect from 28 Sept 2015

  • Forward Markets Commission (FMC) is set to merge with Securities and Exchange Board of India (SEBI) as per the notification of Union Govt on 28th August 2015.
    For this purpose, the government repealed the Forward Contracts Regulation Act (FCRA) 1952 and made a way to shift the Regulation of Commodity Derivatives Market to SEBI under Securities Contracts Regulation Act (SCRA) 1956 


  • Russia country rejected French proposal to limit veto power of UNSC's permanent members
Russia rejected the proposal of France asking United Nations Security Council (UNSC) permanent members to limit the use of the veto power at least in cases involving mass atrocities that demands action.

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