Current Affairs India - 26-27-28 August 2016

1. India has been ranked at 77th position as per World Risk Report 2016, published by the UNU Institute for Environment and Human Security (UNU-EHS) and Bundnis Entwicklung Hilft. The list of topped by Island state of Vanuatu.

2. The Nagaland State Assembly has passed the Goods and Service Tax (GST) Constitution Amendment Bill, 8th State to ratify the tax reform.

3. The Finance Minister Arun Jaitley has set up a committee, headed by former Finance Secretary Ratan P Watal, to consider incentives such as cash back schemes and tax rebates for promoting card and digital payments in a step towards discouraging cash transactions.

4. G. Satheesh Reddy, Scientific Adviser to the Defence Minister and DRDO's DG (Missiles & Strategic Systems), was conferred the first IEI-IEEE Award for engineering excellence 2015.

5. Olympic gold-medallist Abhinav Bindra was appointed as Chairman of a 5 member review committee to probe the shooters' Rio Games debacle. The committee is also mandated to recommend concrete steps that NRAI must immediately undertake to ensure that this is not repeated in future Olympics.

6. Five Indian companies have been ranked among world's 100 most innovative companies list - Forbes-s list of -The World-s Most Innovative Companies- which are Asian Paints, Hindustan Unilever, Tata Consultancy Services, Sun Pharma and Larsen and Toubro. The list is topped by Tesla Motors for the second consecutive year.

7. RBI has asked banks to provide loans to women self-help groups in rural areas at 7% per annum, as per the government's revised guidelines for the current financial year.

8. Bollywood stars Shah Rukh Khan, Amitabh Bachchan, Salman Khan and Akshay Kumar have been ranked among the world-s highest paid actors of 2016 as per a Forbes list. The list is topped by wrestler-turned-actor Dwayne Johnson. Shah Rukh Khan and Akshay Kumar have been ranked at 8th and 10th rank respectively. Salman Khan has been ranked at 14th followed by Amitabh Bachchan at 18th position.

9. India's Saina Nehwal has been dropped 4 points to be 9th, while Rio Olympic Silver Medalist PV Sindhu remained in the 10th spot in the Badminton World Federation (BWF) rankings. Men's singles shuttler Kidambi Srikanth, who reached the Olympics quarter-finals, jumped a place to be at 10th position while Ajay Jayaram improved his rank to 21st rank.