Current Affairs for Bank Exams,SSC,RRB for the date 20.11.14 NATIONAL EVENTS Prime Minister Narendra Modi returned home today after a nine-day-three-nation tour of Myanmar, Australia and Fiji during which he had a range of international engagements. 45th International Film Festival of India will be beginning this evening at Panaji in Goa. Mega Star of Indian Cinema Amitabh Bachchan will be chief guest of opening function. Prime Minister Narendra Modi has crossed the 8-million followers milestone on the micro-blogging network, Twitter. Mr Modi remains the third-most followed world leader on the social network after US President Barack Obama and the Pope Francis. Maharashtra Chief Minister Devendra Fadnavis has said that his government will create ane-platform to monitor the movement of files related to setting up of new industries and investment. Punjab government will launch the National Urban Health Mission (NUHM) from Ludhiana tomorrow. The scheme is aimed at providing affordable quality health services to urban population with a special emphasis on urban poor and vulnerable population. With the launch of NUHM, 78 lakh 83 thousand urban people of the state including 35 lakh 96 thousand slum population and other vulnerable groups like rag pickers, rickshaw pullers, homeless and street children would get the benefit across the state. The Finance Ministry has directed Life Insurance Corporation (LIC) to immediately operationalise the benefit of life cover under the Pradhan Mantri Jan Dhan Yojana. LIC will create a fund for life coverage under PMJDY with an initial corpus of Rs. 100 crore from the social security fund of Government of India under Aam Admi Bima Yojana (AABY) being managed by LIC of India. LIC will create a fund for life coverage under PMJDY with an initial corpus of Rs.100 crore from the social security fund of Government of India under Aam Admi Bima Yojana (AABY) being managed by LIC of India. UNICEF praises TN for mapping of drinking water quality. The Tamilnadu water supply and drainage board has developed field water testing kits which enables anyone to test 12 parameters of water quality. The Board has supplied 14,524 field water testing kits to all panchayats, town panchayats,municipalities and corporations free of cost. The RBI has requested companies to pay Income Tax in advance using online or alternate channels of banking to avoid last minute rush towards the end of December. Bharatiya Mahila Bank Ltd (BMB) launched its internet banking facility by the name ‘BMBSmartBanking’. Axis Bank, India’s third largest private sector bank, has launched a smart self-service terminal that enables customers to deposit as well as withdraw cash from the same machine. Securities and Exchange Board of India, SEBI today approved stricter norms on insider trading, including new definition for connected people to prevent the menace. The new regulations strengthen legal and enforcement framework and also ensure that legitimate business transactions are not impacted. Senior Counsel Davinder Singh was named Disputes Lawyer of the Year for South-east Asia and India in inaugural awards by a top law magazine. Numaligarh Refinery Limited (NRL) has been conferred with the prestigious Jawaharlal Nehru Centenary Award for Energy Performance of Refineries for 2013-14. Uninor, the local arm of Norwegian telecom operator Telenor, announced the appointment of Vivek Sood as its new Chief Executive Officer with effect from December 1, 2014. In view of increasing inflow of migrant workers from other states into Kerala, the state Education Department is planning to open more study centres exclusively for their children under Sarva Shiksha Abhiyan to make them part of mainstream education system. In Madhya Pradesh, Union Minister for Minority Affairs Najma Heptulla will adopt Phanda village of Bhopal district under Saansad Adarsh Gram Yojana tomorrow. She will visit the village and interact with people. The Union Minister will work for the integrated overall development of the village. The Small Farmers Agribusiness Consortium will conduct camps in four districts of Telangana to popularise its new scheme to empower farmer producer companies.It is called the Equity Grants and Credit Guarantee Fund Scheme. SBI has signed an MOU with the Adani group to lend up to one billion dollars to Adani Mining, the Australian subsidiary of Adani Enterprises for the Carmichael mine in Queensland in Australia. Carmichael mine has massive blocks of untapped coal reserves and Adani group aims to build the project by end of 2017. INTERNATIONAL EVENTS Rich countries met in Berlin today to pledge cash to smooth the way for a global climate change deal. The Green Climate Fund is designed to help poor nations adapt to climate extremes like droughts and floods and to buy low-carbon energy sources. The Berlin conference aims to create a focus that will embarrass governments to come forward with contributions. The fund is supposed to hold at least 10 billion dollars by the end of 2014. Indian-American Congressman Ami Bera has been re-elected to the US House of Representatives in one of the closet congressional races from California. Nicola Sturgeon was named as Scotlands First Minister with a vote in the regions parliament, becoming the first woman to take on the role. US House passes Malala Yousafzai scholarship act which expands the number of scholarships to girls from her country. BANKING AWARENESS FOR YOU What is meant by Priority Sector? Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Typically, these are small value loans to farmers for agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low income groups and weaker sections. ABOUT GERMANY CAPITAL: Berlin CURRENCY: Euro GOVERNMENT: Federal Parliamentary Constitutional Republic PRESIDENT: Joachim Gauck CONTINENT: Europe PHRASAL VERB “Crashed out” means “lost” Example: Indias P. Kashyap has crashed out of the Hong Kong Open Super Series Badminton tournament in Kowloon. “under way” means “started” Example: World Tour Golf Championship gets underway at Jumeirah Golf states in Dubai today.
Posted on: Thu, 20 Nov 2014 15:55:43 +0000
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