Awards Current Affairs 2017

ISRO Mars Orbiter Mission team wins 2015 Space Pioneer Award

The team of ISRO’s Mars Mission has been awarded 2015 Space Pioneer Award in the Science and Engineering category by National Space Society (NSS).

They are being conferred with this award for achieving the rare feat of entering Mars orbit in maiden attempt.

Mars Orbiter Programme Team will receive the award during NSS’ 34th International Space Development Conference which will be held in Toronto from 20 May 2015.

ISRO’s Mars Orbiter Mission(MOM)

  • It was launched on 5 November, 2013. It made history on 24 September 2014 after it entered Mars orbit in maiden attempt.
  • It achieved two significant missions. First, entering into orbit around Mars and secondly, taking full-disk colour imagery of Mars with its onboard high resolution camera.
  • It should be noted that, the Mars Orbiter programme team is located in Bengaluru, Karnataka. It is headed by eminent ISRO scientist Mylswamy Annadurai.

About Space Pioneer Award

It recognizes those individuals and teams whose accomplishments have helped to open the space frontier. It was instituted in 1988.

This prestigious award is be given by the National Space Society (NSS), an American educational and scientific organization.

Award memento consists of a silvery pewter Moon globe cast. It is casted by the Baker Art Foundry in Placerville, California. Originally, this sculpture was created by Don Davis, the well-known space and astronomical artist.


RBI governor Raghuram Rajan wins Governor of the Year award

A British magazine has named RBI Governor and well-known economist Raghuram Rajan as the Governor of the Year in the Central Banking Awards for 2015.

It was announced by British magazine Central Banking.

Governor Raghuram Rajan was chosen for this award by magazine for his disciplined and focused approach in leading the Reserve Bank of India(RBI) during his first year as Governor.

It also mentioned that, RBI Governor deserved the award for his deep understanding of the root causes of India’s economic problems.

About Raghuram Rajan

  • He is 23 Governor of RBI and had taken charge in September 2013.
  • Earlier, he was chief economic adviser (CEA) to India’s Ministry of Finance in 2013.
  • He was chief economist at the International Monetary Fund (IMF) from 2003 to 2007.
  • He is also a celebrity economist known across the globe for predicting the 2008 global meltdown.
  • He has authored many books on economics and is professor of finance at the graduate business school at the University of Chicago.


  • Fischer Black Prize– In 2003, he was awarded this award by the American Finance Association for contributions to the theory and practice of finance.
  • Deutsche Bank Prize for Financial Economics- In 2013, he was awarded this award for his ground-breaking research work which influenced financial and macro-economic policies around the world.
  • Best Central Bank Governor award– In 2014, he was awarded this award by Euromoney magazine.