News on 2 July 2016

1. Prime Minister Narendra Modi's address 'Mann Ki Baat' to be broadcast in Bangladesh
i. Prime Minister Narendra Modi radio programme ‘Mann Ki Baat’ will now also be telecast to Bangladesh. The programme which reaches crores of people in real time featuring PM Modi talking on various subjects related to social, economic and political  which have international audience soon.
ii. Mann Ki Baat will be broadcast in Bangladesh on All India Radio's upcoming Bangla language service channel Akashvani Maitree, for which AIR has made arrangements to receive comments and voice messages from Bangladeshi citizens.
iii. The purpose behind this soft diplomacy is to strengthen bilateral ties and break the stranglehold of Pakistani and Chinese radio channels in the neighbouring country.
2. Ministry grants recognition to Paralympic Committee of India
i. The Sports Ministry has announced that it has granted recognition to the Paralympic Committee of India (PCI), giving a huge confidence boost to the several para-athletes who have qualified for Rio Paralympics.
ii. The ministry's move comes less than a month after the International Paralympic Committee (PCI) announced temporary lifting of suspension imposed on the national body last year so that Indians can take part under the tri-colour in the showpiece event in September.
3. RIL, SBI sign shareholder agreement for payments bank JV
i. Reliance Industries Limited (RIL) has signed a shareholder agreement with State Bank of India (SBI) have signed Subscription and Shareholders Agreement to set up payments bank.
ii. According to the agreement, Reliance Industries will be the promoter with a 70 % equity contribution in the payments bank and SBI as joint venture will have 30 % equity contribution.
iii. Payments banks are small deposit-taking institutions that can accept deposits (initially up to 1 lakh rupees per individual). The minimum capital requirement is Rs. 100 crore. For the first five years, the stake of the promoter should be 40% minimum.
4. President Pranab Mukherjee presents BC Roy National Awards for 2008, 2009 & 2010
i. President of India, Pranab Kumar Mukherjee has  presented the Dr. Bidhan Chandra Roy Award national awards for 2008, 2009 and 2010 at Rashtrapati Bhavan, New Delhi.
ii. These awards were presented on the occasion of National Doctors’ Day observed on July 1 to pay honour and tribute to India’s most famous physician Dr. Bidhan Chandra Roy.
iv. Top Five Awardees are: 1. Dr. Mammen Chandy  2. Prof. Rajeshwar Dayal  3. Dr. Rohit V. Bhatt 4. Dr. Neelam Mohan 5. Prof. Mohan Kameswaran
5. Maharashtra target of planting 2 crore trees in state crossed
i. Maharashtra government started an initiative for plantation of about 2 crores trees. The initiative was flagged off by Maharashtra CM Devendra Fadnavis along with Finance and Forest Minister Sudhir Mungantiwar.
ii. The campaign will benefit the environment as well as also counter problem of soil-erosion, help the wild animals in their growth.
6. India jumps 19 places on World Bank Logistics Performance Index; moves to 35th rank
i. India improved its ranking in the World Bank group's (WBG) bi-annual "Logistics Performance Index 2016", jumping from 54th in 2014 to 35th in 2016. This was announced by the World Bank Group in its recent launch of the report.
ii. In the latest ranking India has gone past countries like New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia who were ahead of it in the index. India's jump of 19 positions in the ranking demonstrates the commitment of various Ministries and agencies of Government of India to make it easy to do business in India.
7. Radha Mohan Singh launches a web-based App CMRS
i. The Union Agriculture & Farmers Welfare Minister, Shri Radha Mohan Singh has launched Crop Manager for Rice-based Systems (CMRS) a web-based App for better crop and Nutrient management released for Bihar farmers in a program organised at ICAR-RCER in Patna.
ii. Crop Manager for Rice-based Systems (CMRS) is a web-based App which can be used with computer, mobile and tablet and aims to increase farmer's net income and sustain the productivity for rice-based cropping systems in Bihar, India.
iii. CMRS provides irrigated and rainfed farmers with rice-based cropping systems in Bihar with a crop and nutrient management guideline customized to the needs of an individual farmer.
8. State Bank of India launches two new digital offerings
i. The country's largest lender State Bank of India has launched 2 new digital offerings on the occasion of 61st State Bank Day.
ii. SBI has partnered with Flipkart to offer its consumers the facility of pre-approved EMI Facility on purchases. Under this partnership SBI will provide overdraft facility to pre-qualified set of customers for transacting on Flipkart for a minimum purchase of Rs. 5000.
iii. The bank also launched a social media banking platform for Facebook and Twitter users, called ‘SBI Mingle’ which will help the customers with a host of banking services on their social media accounts, at their own convinience.
9.  Rapid Rural Police Response System launched in Punjab
i. A Rapid Rural Police Response System was launched across Punjab to ensure prompt and effective police response in the state's over 12,000 villages.
ii. Punjab Deputy Chief Minister Sukhbir Singh Badal, who launched the scheme, also flagged off 400 new motorcycles and 220 new Bolero jeeps under the new system.
iii. under the system, police will respond to any crime or law and order situation within 20 minutes of it being reported.
10. Renowned Marathi literary scholar R C Dhere no more
i. R C Dhere, a recipient of the Sahitya Academy Award in 1987 for his book 'Sri Vitthal- A Mahasamanvayak (Lord Vitthal- A great coordinator)', carved a niche for himself by tracing the roots of Maharashtra's folk traditions and literature with an extensive research that highlighted the influence of saints on Maharashtrian ethos.
ii. Dr. R C Dhere Born on 21 July 1930 at Nigade village near Pune. He had completed his graduation in 1966. He got his Ph.D. in 1975 and was honored with D.Lit. in 1980 by Pune University.
iii. He has written about 105 books based on his research work on various subjects. Some of his famous books are History of Nath Cult, Chakrapani, History of Datta Cult, Lajjagauri, Khandoba, Shree Tulja Bhavani and In Search of Indian Theater.

Source:bankersadda.com

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News on 2 July 2016

1. Prime Minister Narendra Modi's address 'Mann Ki Baat' to be broadcast in Bangladesh

i. Prime Minister Narendra Modi radio programme ‘Mann Ki Baat’ will now also be telecast to Bangladesh. The programme which reaches crores of people in real time featuring PM Modi talking on various subjects related to social, economic and political  which have international audience soon.
ii. Mann Ki Baat will be broadcast in Bangladesh on All India Radio's upcoming Bangla language service channel Akashvani Maitree, for which AIR has made arrangements to receive comments and voice messages from Bangladeshi citizens.
iii. The purpose behind this soft diplomacy is to strengthen bilateral ties and break the stranglehold of Pakistani and Chinese radio channels in the neighbouring country.

2. Ministry grants recognition to Paralympic Committee of India

i. The Sports Ministry has announced that it has granted recognition to the Paralympic Committee of India (PCI), giving a huge confidence boost to the several para-athletes who have qualified for Rio Paralympics.
ii. The ministry's move comes less than a month after the International Paralympic Committee (PCI) announced temporary lifting of suspension imposed on the national body last year so that Indians can take part under the tri-colour in the showpiece event in September. 

3. RIL, SBI sign shareholder agreement for payments bank JV

i. Reliance Industries Limited (RIL) has signed a shareholder agreement with State Bank of India (SBI) have signed Subscription and Shareholders Agreement to set up payments bank.
ii. According to the agreement, Reliance Industries will be the promoter with a 70 % equity contribution in the payments bank and SBI as joint venture will have 30 % equity contribution.
iii. Payments banks are small deposit-taking institutions that can accept deposits (initially up to 1 lakh rupees per individual). The minimum capital requirement is Rs. 100 crore. For the first five years, the stake of the promoter should be 40% minimum.

4. President Pranab Mukherjee presents BC Roy National Awards for 2008, 2009 & 2010

i. President of India, Pranab Kumar Mukherjee has  presented the Dr. Bidhan Chandra Roy Award national awards for 2008, 2009 and 2010 at Rashtrapati Bhavan, New Delhi.
ii. These awards were presented on the occasion of National Doctors’ Day observed on July 1 to pay honour and tribute to India’s most famous physician Dr. Bidhan Chandra Roy.
iv. Top Five Awardees are: 1. Dr. Mammen Chandy  2. Prof. Rajeshwar Dayal  3. Dr. Rohit V. Bhatt 4. Dr. Neelam Mohan 5. Prof. Mohan Kameswaran

5. Maharashtra target of planting 2 crore trees in state crossed

i. Maharashtra government started an initiative for plantation of about 2 crores trees. The initiative was flagged off by Maharashtra CM Devendra Fadnavis along with Finance and Forest Minister Sudhir Mungantiwar.
ii. The campaign will benefit the environment as well as also counter problem of soil-erosion, help the wild animals in their growth.

6. India jumps 19 places on World Bank Logistics Performance Index; moves to 35th rank

i. India improved its ranking in the World Bank group's (WBG) bi-annual "Logistics Performance Index 2016", jumping from 54th in 2014 to 35th in 2016. This was announced by the World Bank Group in its recent launch of the report.
ii. In the latest ranking India has gone past countries like New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia who were ahead of it in the index. India's jump of 19 positions in the ranking demonstrates the commitment of various Ministries and agencies of Government of India to make it easy to do business in India.

7. Radha Mohan Singh launches a web-based App CMRS

i. The Union Agriculture & Farmers Welfare Minister, Shri Radha Mohan Singh has launched Crop Manager for Rice-based Systems (CMRS) a web-based App for better crop and Nutrient management released for Bihar farmers in a program organised at ICAR-RCER in Patna.
ii. Crop Manager for Rice-based Systems (CMRS) is a web-based App which can be used with computer, mobile and tablet and aims to increase farmer's net income and sustain the productivity for rice-based cropping systems in Bihar, India.
iii. CMRS provides irrigated and rainfed farmers with rice-based cropping systems in Bihar with a crop and nutrient management guideline customized to the needs of an individual farmer.

8. State Bank of India launches two new digital offerings

i. The country's largest lender State Bank of India has launched 2 new digital offerings on the occasion of 61st State Bank Day.
ii. SBI has partnered with Flipkart to offer its consumers the facility of pre-approved EMI Facility on purchases. Under this partnership SBI will provide overdraft facility to pre-qualified set of customers for transacting on Flipkart for a minimum purchase of Rs. 5000.
iii. The bank also launched a social media banking platform for Facebook and Twitter users, called ‘SBI Mingle’ which will help the customers with a host of banking services on their social media accounts, at their own convinience.

9.  Rapid Rural Police Response System launched in Punjab

i. A Rapid Rural Police Response System was launched across Punjab to ensure prompt and effective police response in the state's over 12,000 villages.
ii. Punjab Deputy Chief Minister Sukhbir Singh Badal, who launched the scheme, also flagged off 400 new motorcycles and 220 new Bolero jeeps under the new system.
iii. under the system, police will respond to any crime or law and order situation within 20 minutes of it being reported.

10. Renowned Marathi literary scholar R C Dhere no more

i. R C Dhere, a recipient of the Sahitya Academy Award in 1987 for his book 'Sri Vitthal- A Mahasamanvayak (Lord Vitthal- A great coordinator)', carved a niche for himself by tracing the roots of Maharashtra's folk traditions and literature with an extensive research that highlighted the influence of saints on Maharashtrian ethos.
ii. Dr. R C Dhere Born on 21 July 1930 at Nigade village near Pune. He had completed his graduation in 1966. He got his Ph.D. in 1975 and was honored with D.Lit. in 1980 by Pune University.
iii. He has written about 105 books based on his research work on various subjects. Some of his famous books are History of Nath Cult, Chakrapani, History of Datta Cult, Lajjagauri, Khandoba, Shree Tulja Bhavani and In Search of Indian Theater.

Source:bankersadda.com 

News on July 1

1. Suresh Prabhu launches NIVARAN portal

i. Shri Suresh Prabhakar Prabhu, Minister of Railways  has launched "NIVARAN portal", an online system for redressal of service related grievance of serving and former railway employees.
ii. Nivaran portal is an online system that seeks to facilitate the employees to lodge their grievances and also monitor the progress.
iii. It has been developed by CRIS (Centre for Railway information systems), an IT arm of Indian Railways on basis of process designed by Establishment directorate of Railway Board.

2. Indigenously built Tejas inducted into IAF

i. The Indian Air Force (IAF) inducted the first squadron of the indigenously made Light Combat Aircraft (LCA) Tejas into its fleet.
ii. An induction ceremony to induct two Tejas aircrafts was held at the Aircraft Systems Testing Establishment (ASTE) in Bengaluru, which included a multi religious prayer.
iii. The crew members of the first squadron of Tejas, a multi-role supersonic single-engine aircraft designed and developed by the Aeronautical Development Agency (ADA) in collaboration with Hindustan Aeronautics Limited (HAL).

3. SBI Digital Village

i. Balal village in Kasargode district in the state of Kerala is one of the 21 villages selected across the country by the State Bank of India under the SBI Digital Village initiative, which will be launched by the SBI Chairperson on State Bank Day (1st July).
ii. The objective of the initiative is to popularise digital banking in rural areas. The bank has already installed an ATM, provided free Wi-Fi connection and conducted technology training sessions at Balal village.

4. D K Hota assumes charge as BEML chairman

i. D K Hota has been appointed as Chairman & Managing Director (CMD) of Bharat Earth Movers Ltd. (BEML) with effect from July 1.
ii. Prior to assuming his office, he was the Director (HR) on the board of the company.
iii. Further, BEML has informed the exchanges that P Dwarakanath, ceased to be the company CMD consequent upon his attaining the superannuation on June 30, 2016.

5. World famous futurist, writer Alwin Toffler dies at 87

i. Alvin Toffler, the Famous author of Future Shock, passed away in Los Angeles, United States. He was 87.
ii. Toffler’s book Future Shock outlines people's anxiety at the pace of social change in the 1960s.
iii.  Alvin Toffler was known for his works discussing modern technologies. His works included the digital revolution and the communication revolution with emphasis on their effects on cultures worldwide.

6. India’s first integrated defence communication network launched

i. India's first integrated defence communication network was launched, enabling the army, air force, navy and the Special Forces Command to share situational awareness for a faster decision-making process.
ii. The Defence Communication Network (DCN), a strategic, highly secure and scalable system, has a pan-India reach from Ladakh to the North East to island territories.
iii. Built by HCL under a nearly Rs 600 crore project, DCN offers high quality voice, video and data services covering 111 entities spread across the country.

7. India Post payments bank proposal gets Cabinet nod

i. The Union Cabinet has granted its approval to set up India Post’s payments bank, 650 branches of which will be made operational by September 2017.
ii. The payments bank will be managed with a professional setup, headed a chief executive officer, and will have representations from various other government departments including the Department of Posts, Department of Expenditure and Department of Economic Services among others.
iii. The Total architecture of postal payments bank is of Rs 800 crore which will have Rs 400 crore equity and Rs 400 crore grant. By September 2017, all 650 branches of postal payments bank will become operational.

8. Gurpreet Singh Sandhu makes history again, becomes first Indian to feature in Europa League

i. Indian goalkeeper Gurpreet Singh Sandhu was named in Norwegian club Stabaek FC's squad for their Europa League qualifying match against Welsh Premier League side Connah's Quay Nomads FC, making him the first from the country to play in the continental competition.
ii. Sandhu, who signed for Stabaek in 2014, made headlines in May when he became the first Indian to start a first team match in a top-division league of Europe. In that match against IK Start in the Norwegian Tippeligaen. 

iii. He kept a clean sheet in a 5-0 away victory. He then returned back home to play in goal for India’s thumping victory over Laos.

9. Sameer emerges fastest athlete of 56th National Inter-state Athletics

i. Sameer Mon, the veteran sprinter of India, won gold in 100 meter dash in 10.60 seconds at the 56th National Inter-state Senior Athletics Championships in Hyderabad.
ii. With this, Sameer, representing Manipur, also became the fastest athlete in the country.
iii. 32-year-old Sameer was a member of the bronze winning Indian 4x100m relay quartet in Delhi Commonwealth Games. He had earlier won the Inter-state titles in 2008 and 2011.

Source : bankersadda.com