DOWNLOAD PDFCURRENT AFFAIRS 19th Jan., 2015
1. Pradhan Mantri Krishi Sinchayee Yojana aims at bringing irrigation water to every village by converging ongoing schemes being implemented by various ministries. The state agriculture department would be the nodal agency for implementation of PMKSY projects.
2. US President Barack Obama and UK Prime Minister David Cameron announced cooperative measures in combating cyber threats during the bilateral summit between the two countries held in Washington DC, US. The measures include better threat information sharing and the creation of a new joint cyber task force.
3. The year 2014 was ranked as the Earth’s hottest year since 1880 as per the two separate analyses done by National Aeronautics and Space Administration (NASA) scientists and National Oceanic and Atmospheric Administration (NOAA) scientists. The global average temperature for 2014 was roughly 1.24°F (or 0.69°C) warmer than the 20th-century average.
4. India and the U.S. have launched an investment initiative to focus on capital market reforms and policy measures that would help spur long-term investment by American investors in India. India-U.S. Investment Initiative was formally launched in Washington at Department of Treasury.
5. Under Global Initiative For Academic Networks (GIAN), India will invite and host up to 1,000 American scholars every year to teach in India. As per the initiative, the scholars would teach in centrally-funded educational bodies like IITs and central universities and in institutes with an ‘A’ grade.
CURRENT AFFAIRS 20th Jan., 2015
1. Bandhan Financial Services has received a combined equity commitment of Rs 1,600 crore from International Finance Corp (IFC) and GIC, Singapore’s sovereign wealth fund. The proposed investment is aimed at supporting the transformation of Bandhan to a universal bank.
2. Private sector lender RBL (Formerly Ratnakar Bank Limited) has launched a digital wallet Shmart – for online retailers. The bank has tied up with TranServ, a digital payments company for this initiative. Shmart offers customers faster checkout, instant refunds, secure storage of bank cards, vouchers & coupons, and a semi-closed loop prepaid account to store funds.
3. According to anti-poverty charity Oxfam, the richest 1 per cent are about to control a majority of the world's wealth by 2016. Bloomberg Billionaires Index shows that the world's richest has added $92 billion to their collective fortune in 2014.
4. Reserve Bank of India asked banks to notify the Base Rate or the minimum lending rate, at least once in every three months based on the cost of funds. At present, the review of the Base Rate does not have a fixed schedule. Also, the new guidelines does not allow banks to change their methodology during the review cycle.
5. Kotak Mahindra Bank announced the launch of Jifi Saver, a social savings bank account which can be seamlessly managed via Twitter and Facebook. Jifi Saver will facilitate online shopping, on-the-go transactions, and financial planning, along with other benefits and functionalities of a regular savings bank account.
1. Pradhan Mantri Krishi Sinchayee Yojana aims at bringing irrigation water to every village by converging ongoing schemes being implemented by various ministries. The state agriculture department would be the nodal agency for implementation of PMKSY projects.
2. US President Barack Obama and UK Prime Minister David Cameron announced cooperative measures in combating cyber threats during the bilateral summit between the two countries held in Washington DC, US. The measures include better threat information sharing and the creation of a new joint cyber task force.
3. The year 2014 was ranked as the Earth’s hottest year since 1880 as per the two separate analyses done by National Aeronautics and Space Administration (NASA) scientists and National Oceanic and Atmospheric Administration (NOAA) scientists. The global average temperature for 2014 was roughly 1.24°F (or 0.69°C) warmer than the 20th-century average.
4. India and the U.S. have launched an investment initiative to focus on capital market reforms and policy measures that would help spur long-term investment by American investors in India. India-U.S. Investment Initiative was formally launched in Washington at Department of Treasury.
5. Under Global Initiative For Academic Networks (GIAN), India will invite and host up to 1,000 American scholars every year to teach in India. As per the initiative, the scholars would teach in centrally-funded educational bodies like IITs and central universities and in institutes with an ‘A’ grade.
CURRENT AFFAIRS 20th Jan., 2015
1. Bandhan Financial Services has received a combined equity commitment of Rs 1,600 crore from International Finance Corp (IFC) and GIC, Singapore’s sovereign wealth fund. The proposed investment is aimed at supporting the transformation of Bandhan to a universal bank.
2. Private sector lender RBL (Formerly Ratnakar Bank Limited) has launched a digital wallet Shmart – for online retailers. The bank has tied up with TranServ, a digital payments company for this initiative. Shmart offers customers faster checkout, instant refunds, secure storage of bank cards, vouchers & coupons, and a semi-closed loop prepaid account to store funds.
3. According to anti-poverty charity Oxfam, the richest 1 per cent are about to control a majority of the world's wealth by 2016. Bloomberg Billionaires Index shows that the world's richest has added $92 billion to their collective fortune in 2014.
4. Reserve Bank of India asked banks to notify the Base Rate or the minimum lending rate, at least once in every three months based on the cost of funds. At present, the review of the Base Rate does not have a fixed schedule. Also, the new guidelines does not allow banks to change their methodology during the review cycle.
5. Kotak Mahindra Bank announced the launch of Jifi Saver, a social savings bank account which can be seamlessly managed via Twitter and Facebook. Jifi Saver will facilitate online shopping, on-the-go transactions, and financial planning, along with other benefits and functionalities of a regular savings bank account.
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