Current Affairs for Prelims: 21st Feb 16

Kambala Race
It is an annual buffalo race held in Dakshina Kannada and Udupi districts in Karnataka. People for Ethical Treatment of Animals (PETA) has filed a petition in High Court against Kambala on the grounds that it is cruel to animals.

Indegenous cryogenic engine tested successfully
ISRO has successfully tested indigenous high-thrust cryogenic rocket engine for more than its full duration. The engine has already undergone two short duration tests.
The indigenous cryogenic engine development is a major step towards the launch of GSLV Mk III in December.

Ayush-64 and Ayush-82

Ayush-64 is an ayurvedic formulation for treatment of Malaria.
Ayush-82 is an ayurvedic formulation for treatment of diabetes.

Ayush-64 and Ayush-82 are developed by Central Council for
Research in Ayurvedic Sciences (CCRAS), New Delhi.
National Research Development Corporation (NRDC) and M/s Dabur India Ltd. have entered into License Agreements for commercialization of Ayush-64 and Ayush-82.

Surya Kiran 2016

It is an Indo-Nepal Battalion level combined defence exercise.
The ninth edition of Surya Kiran is being conducted at Pithoragarh in Uttarkhand.
Focus of Surya Kiran 2016 is counter terrorism operations and Jungle Warfare in mountain terrain.

Christine Lagarde
Christine Lagarde has been appointed as MD of International Monetary Fund (IMF) for a second five-year term.

Fastest test century
Brendon McCullum has scored fastest test century against Australia. He scored this century in 54 balls. He bettered previous record by Viv Richards and Misbah-ul-Haq. Both Viv Richards and Misbah-ul-Haq had scored test century in 56 balls.

K. Sanath Kumar
K. Sanath Kumar took charge as CMD of National Insurance.
Amit Mitra named Chairman of GST Committee
West Bengal Finance Minister Amit Mitra has been appointed as the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST).