Current Affairs for Bank Exams,SSC,RRB for the date 18.11.14 NATIONAL EVENTS The Income Tax Department is keeping a close watch on the use of black money in Jharkhand Assembly polls to be held from November 25 to December 20. The Fourth India-China Joint Training Exercise Hand-in-Hand 2014 began at Pune in Maharashtra yesterday. The aim of the joint exercise is to acquaint both the Armies with each other’s operating procedures in the backdrop of counter terrorism environment. National Human Rights Commission (NHRC) has issued a notice to Tamil Nadu government, calling for a report in eight weeks on steps taken to implement provisions of Prohibition of Employment of Manual Scavengers and Their Rehabilitation Act 2013. India’s industry body Assocham has launched its Gulf Cooperation Council (GCC) Chapter in Dubai to attract businesses from the region and capitalise on the new government’s Make-in-India initiative. Air India SATS Airport Services Pvt Ltd (AISATS) has introduced an e-freight initiative at its Bengaluru Airfreight Terminal facility at the Kempegowda International Airport. The total market valuation of the BSE-listed companies is nearing the Rs 100 lakh crore-mark following the continued dream run of the bourse. The government today re-launched Kisan Vikas Patra (KVP), an instrument which will provide trusted option of investment to poor and keep them off ponzi schemes. Investments into domestic shares through participatory notes (P-Notes) surged to the highest level in more than six-and-half years at Rs 2.65 lakh crore (about USD 43 billion) in October. State Bank of Hyderabad on Monday opened its e-connect service at Rajiv Gandhi International Airport. A customer can use the ATM for his/her cash needs, operate the self-service kiosk, and even utilise SBHs Net banking through a PC installed for the purpose. SBH plans to set up e-connects in at least 50 locations across the country by March 31, 2015. State-owned Central Bank of India has launched a novel deposit scheme that has a free credit card bundled with it. Under Cent Aspire, any individual can get a free credit card against fixed deposit with the bank for deposit amount of Rs. 20,000 and above. Reliance Life Insurance Company (RLIC) has tied up with ‘Room to Read’ to set up libraries across schools in India. ‘Room to Read’ is a global non-profit organisation committed to promoting literacy and gender equality in education by providing libraries in schools. This partnership aims to set up over 100 libraries in government primary schools and reach out to over 10,000 children across the country through this initiative. Reliance Life Insurance and Room to Read will create and maintain libraries in Municipal Corporation Schools across Rajasthan, Uttarakhand, Andhra Pradesh and Maharashtra in the first year of their programme. Due to decline in oil import, Indias trade deficit for the month October has narrowed to 13 billion dollars as compare to the previous month of 14.25 billion dollars. Trade deficit in October last year had stood at 10.5 billion dollars. Export data released by Commerce Ministry said that the gold imports jumped to 4.17 billion dollars from 1.09 billion dollars a year ago. Silver imports were reported at 686 million dollars. Meanwhile, the exports in October also hit lowest level since March 2014. It reduced by 5.04 per cent to 26 billion dollars in October as compare to same month of last year. Assam government has presented the first state bravery award to Gunjan Sarma in Guwahati. The award was given by state Sports and Youth Welfare Minister Ajit Singh. 15 year old Gunjan, a resident of Sivsagar district has been selected for the first ever bravery award for saving lives of 10 school children last year. The brave girl volunteered to be taken hostage by a gunman but later managed to escape from the forest area along the Assam- Nagaland border. The courage of Gunjan was well appreciated across the country. The Assam government announced to make the bravery award an annual event in the name of the brave girl. Madhya Pradesh government will spend a sum of more than Rs 14 crore to promote organic farming during current financial year. The Organic Farming Promotion Scheme is being implemented in 16 districts of the state. A series of measures has been taken to promote organic farming in the state. A process has been initiated to develop villages doing cent percent organic farming as model villages under Mukhyamantri Khet-Tirth Yojana. In Assam, Kemi Jelom gram panchayat in flood hit Dhemaji district is all set to get a re-look under the ambitious Sansad Adarsh Gram Yojna. Union Sports minister Sarbanand Sonowal has decided to adopt Kemi Jelom village under the scheme. The scheme will also provide an opportunity to the residents of Kemi Jelom to create a general awareness on basic amenities so that they can set example for others. Indian Renewable Energy Development Agency, IREDA and US-Exim Bank today signed a Memorandum of Understanding, MoU on cooperation on clean energy investment. US Exim Bank will provide USD one billion for medium and long-term loans to finance US technologies, products and services utilized during commercial development activities within the clean energy sector by IREDA. The MoU will establish a framework for cooperation in the financing of credit worthy entities for renewable energy projects. It will also facilitate export of goods and services of US origin in India. INTERNATIONAL EVENTS Iran and P5+1 nations to resume nuclear talks in Vienna ahead of November 24 deadline. Negotiators from Iran and six major world powers- US, UK, France, Russia, China plus Germany met for a new round of talks over Teheran’s nuclear program. Japanese Prime Minister, Shinzo Abe is widely expected to call an early election. The International Buddhist Conference concluded yesterday by appealing all countries of the world for conservation, promotion and greater development of Lumbini and other Buddhist heritages. Issuing a 23-point declaration, the conference attended by some 400 Buddhist experts and intellectuals from 10 countries, has appealed for development of heritages in Rupandehi, Kapilvastu and Nawalparasi. The declaration states to enhance promotion of archaeologically and spiritually significant Buddhist heritages of world, promote Buddhist education and to co-work for sustainable development of Lumbini and adjoining areas. The worlds first zero-gravity 3D printer has been installed by NASA on the International Space Station (ISS), which will help astronauts to experiment with additive manufacturing in microgravity. For the fourth consecutive year, China has retained the top spot in the list of the world’s fastest supercomputers for its Tianhe-2, according to a biannual Top500 list released. Countrys second largest smartphone maker Micromax today unveiled a new range of devices under Yu brand, focused on the fast growing segment of tech enthusiasts. With 356 million 10-24 year-olds, India has the world’s largest youth population despite having a smaller population than China. A study into international terrorism says that the number of deaths from terrorism increased by 61 per cent between 2012 and 2013. There were nearly 10,000 terrorist attacks in 2013, a 44 per cent increase from the previous year, the Global Terrorism Index 2014 report added. The report said militant groups Islamic State, al-Qaeda, Book Harem and the Taliban were behind most of the deaths. The report by the Institute for Economics and Peace, Steve Killeen, Executive Chairman says that nearly 18,000 people died from terrorist attacks in 2013. The destabilization in Syria which began in 2011, which has now overflowed into Iraq, where we feel that the Iraq was the country most affected by terrorism, Mr Killeen said. The number of international students studying in the United States is at a record high. China tops list, India on 2nd. China, in fact accounted for more than 30 per cent of the total international students. China is followed by India, which sent 102,673 students in the year 2013-2014, an increase of 6.1 per cent than the previous year, reversing a three-year trend of declining numbers of Indian students at the US universities. Infosys co-founders, S D Shibulal and S Gopalkrishnan, today launched Axilor Ventures, a business incubator and platform for supporting innovation and entrepreneurship. SPORTS Former India captain Dilip Vengsarkar was today declared the winner of the Col. CK Nayudu Lifetime Achievement trophy while Bhuvneshwar Kumar was adjudged the best international cricketer for the eight annual BCCI Awards. About Vengsarkar: One of Indias best batsmen ever,who served the nation from 1976 to 1991, was nominated for the award by a committee comprising senior media personality Shekhar Gupta, BCCI interim president Shivlal Yadav and Hony. Secretary Sanjay Patel. Vengsarkar, 58, came into national prominence with a belligerent hundred for Mumbai against the Rest of India in the Irani Cup game at the start of the 1975-76 season - also his debut year. He was a member of the Indian team that won the World Cup in 1983 and the World Championship of Cricket in 1985, and he led India in 10 Tests between 1987-89. Nicknamed Colonel, Vengsarkar was Chairman of the BCCIs Talent Research Development Committee for three years, and the Chairman of the All-India Senior Selection Committee for the period, 2006-08. The Col. C.K. Nayudu Lifetime Achievement Award comprises citation, trophy and a cheque for Rupees 25 Lakhs. Indian medium-pacer Bhuvneshwar get the Polly Umrigar Trophy for being Indias best international cricketer of the 2013-14 season. The award comprises trophy and a cheque for Rs.5 lakhs. The Meerut-born Bhuvneshwar, 24, has represented India in 11 Tests and 42 ODIs apart from an impressive domestic career for Uttar Pradesh and an IPL representation for Pune Warriors, Royal Challengers Bangalore and Sunrisers Hyderabad. BANKING AWARENESS FOR YOU What is the Banking Ombudsman Scheme? The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995. The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services. ABOUT JAPAN CAPITAL: Tokyo CURRENCY: Yen GOVERNMENT: Unitary Parliamentary Constitutional Monarchy EMPEROR: Akihito PRIME MINISTER: Shinzō Abe CONTINENT: Asia PHRASAL VERB “rub out” means “delete or remove” Example: Rahul Gandhi slammed those who were trying to rub out Jawaharlal Nehru from history. “run into someone/something” means “meet unexpectedly” Example: I ran into an old school-friend at the mall.
Posted on: Tue, 18 Nov 2014 15:48:06 +0000
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