Latest Current Affairs for SSC & BANK EXAMS

April 7: World Health Day

Every year World Health Day (WHD) is being observed on 7 April to disseminate knowledge and awareness about human health. The day focuses on increasing life expectancy by adding good health to the lives of people and promoting healthier living habits across the globe.

India wins 2016 Asian Nations Cup Chess tournament

Indian men have won the 2016 Asian Nations Cup Chess tournament by defeating Vietnam in the final round by 3-1 score played in Abu Dhabi. In the final round match, Indian Grandmasters S P Sethuraman and K Sasikiran won on the 2nd and 4th boards while, B Adhiban and Vidit Santosh Gujrathi drew their respective matches on top and 3rd boards. With this win India gained 17 points, two more than World and Olympiad champions China. India drew Mongolia and beat the rest of the teams in a 22-team tournament. It was overall third time, Indian men won the event earlier they had won at Esfahan, Iran in 2005 and Kolkata 2009. In the women’s section, top seed China won the title with 15 points followed by Uzbekistan (14 points) at second Kazakhstan (13 points) at third position respectively. Indian women finished fourth position with 12 points.

PM Narendra Modi launches Stand up India scheme for SC/ST, women

Prime Minister Narendra Modi has launched the Stand-up India scheme aimed at providing credit to Scheduled Caste (SC), Scheduled Tribe (ST), and women borrowers in the non-farm sector. The scheme is intended to promote entrepreneurship among SC/ST and women and further give a push to government’s financial inclusion programme.

MHA constitute Madhukar Gupta committee to suggest ways to tighten security along Indo-Pak border 

The Union Ministry of Home Affairs (MHA) has constituted high-level committee to suggest ways to tighten security along India-Pakistan border. The committee will be headed by former Union Home Secretary Madhukar Gupta. It will suggest (i) ways to strengthen the security along the India-Pakistan Border and (ii) address the issue of gaps and vulnerability in border fencing.

National Summit on Family Planning 2016 concluded in New Delhi

The summit was held for two days with the theme New Choices, New Horizons.

§  Sigurdur Ingi Johannsson named as Iceland Prime Minister

§  World Health Day 2016 observed globally with the theme Halt the rise: beat diabetes

§  SIPRI released Trends in world military expenditure, 2015 report

§  International Conference on Zero held in Paris

Latest Current Affairs of 18th December, 2015.

Lok Sabha passes Arbitration and Conciliation (Amendment) Bill, 2015

The Lok Sabha passed the Arbitration and Conciliation (Amendment) Bill, 2015 by voice vote for speedy disposal of arbitration cases. The bill seeks to amend Arbitration and Conciliation Act, 1996 to make of commercial disputes more user-friendly and cost effective which in turn will lead to expeditious disposal of cases.

French President Francois Hollande to be chief guest at 67th Republic Day Parade

President of France Francois Hollande will be the Chief Guest at the 67th Republic Day parade of January 26, 2016. It was announced by Union Ministry External Affairs (MEA) after the French President accepted the invitation to witness Republic Day celebration as chief guest. Mr. Francois Hollande would be the 5th highest dignitary from France to be Chief Guest of Indian Republic Day parade after Prime Minister Jacques Chirac (1976), President Valéry Giscard d’Estaing (1980), President Jacques Chirac (1998) and President Nicolas Sarkozy (2008). With this invitation, France now holds distinction of being the guest of honour for the maximum five times of Indian Republic Day parade followed by Bhutan (four times); Mauritius and USSR/Russia (three times each).

Sahitya Akademi awards announced for the year 2015

Sahitya Akademi on 17 December 2015 announced the Sahitya Akademi Awards for the year 2015 in 23 languages. Poetry and short story writers dominated the awards. 

Among the winning books are six poetry collections, six books of short stories and four novels, besides two books each of essays and criticism. 

The awards were recommended by distinguished jury members representing 23 Indian languages and approved by the Executive Board of the Akademi, under its President Vishwanath Prasad Tiwari. The award in Bengali is to be announced at a later date.

Jet Airways Chief Executive Officer Cramer Ball resigned

Jet Airways on 17 December 2015 announced that its Chief Executive Officer (CEO) Cramer Ball has resigned from the post with effect from 29 February 2016.

Jet's director Gaurang Shetty will be the acting CEO of the airline.

Ball was appointed as Jet’s CEO in May 2014 when the airline was witnessing an exodus of top management after the airline sold 24 percent stake to Abu Dhabi's Etihad in 2013.

On the other hand, loss-making Italian airline Alitalia on 17 December 2015 announced that it had appointed Ball as its new CEO.

Banking Quiz For IBPS Exam

1. The Basic Committee has defined capital in two Tiers (Tier-I andTier-II). Tier-I capital is known as 

(a) Net capital

(b) Gross capital

(c) Working capital

(d) Core capital

(e) None of these

2. Tier-II capital consists of

(a) undisclosed reserves and cumulative perpetual preference shares.

(b) general provisions, loss reserves and revaluation reserves.

(c) subordinated debt, hybrid debt capital instruments.

(d) All of the above

(e) None of the above

3. The main objective of Land Development Bank is:

(a) Providing investment credit for agriculture.

(b) Providing crop loans to the farmers.

(c) Developing allied activities in rural and semi-urban areas.

(d) Creating good social relations in the residents of rural and semi-urban areas.

(e) None of the above

4. Who issues treasury bills?

(a) Reserve Bank of India, as the agent of the Central Government

(b) Any govt. deptt. of state and central

(c) Any Commercial Bank

(d) All of the above p

(e) None of the above

5. Commercial paper

(a) fully secured instrument

(b) unserved money market instrument

(c) partly secured paper

(d) All of the above

(e) None of the above

6. Bill of Exchange, Promissory Notes and Cheques are defined as

(a) Negotiable Instruments

(b) Trust Receipts

(c) Documents of Title to goods

(d) None of the above

(e) Stamped Instruments

7. Which of the following do not enjoy scheduled bank status with RBI?

(a) State co-operative banks

(b) Regional rural banks 

(c) Foreign banks in India

(d) District Cooperative banks

(e) None of these

8. The Reserve Bank of India has decided to help banks, as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF?

(a) Loan Adjustment Fund

(b) Liquidity Adjustment Facility

(c) Long Awaited Funds

(d) Loan Against Funds

(e) None of these

9. Consider the following statements:

1. Increase in deposit rate results in higher savings

2. Increase in deposit rate results in fall in credit off takes 

3. Increase in deposit rate results in increase in investment
which among the above statement/statements is /are correct?

(a) 1 & 2

(b) 1 & 3

(c) 1, 2 & 3

(d) Only 2

(e) None of these

10. Which of the following is a measure of ‘narrow money’ in India?

(a) M0

(b) M1

(c) M2

(d) M3 

(e) M4

1.             D

2.             D

3.             A

4.             A

5.             B

6.             A

7.             d

8.             b

9.             b.

10.          b.

Current Affairs:-

• India defeated Pakistan to won Kabaddi World Cup

• Rajinder Khanna appointed as new RAW Chief

• Atletico de Kolkata won inaugural season of ISL by beating Kerala Blasters by 1-0

• Golden Boot went to Elano Blumer in ISL

India defeated Pakistan to won Kabaddi World Cup

 Indian Men Team as well as Indian women team won Kabaddi World Cup title. Indian men team defeated Pakistan men team by 45-42 for the fourth time to clinch the title. 

Indian women team defeated New Zealand by 36-27 for the second time in a row to bag the title. 

Winning team got Rs 2 crore money and First runners up got Rs 1 Crore team.

Rajinder Khanna appointed as new RAW Chief

 Mr. Rajinder Khanna was appointed as new RAW (Research and Analysis Wing) chief. At the time of appointment he was Special Secretary in RAW. 

The Appointments Committee of Cabinet headed by Prime Minister Narendra Modi cleared the name of Mr. Rajinder Khanna who is a 1978 batch RAS cadre. He will be succeeding Mr. Alok Joshi who is retiring on 31st December 2014.

Atletico de Kolkata won inaugural season of ISL by beating Kerala Blasters by 1-0

 Atletico de Kolkata won inaugural season of ISL by beating Kerala Blasters by 1-0. Final was held in D.Y. Patil stadium Mumbai, Maharashtra, India which was fully packed with fans from both teams to witness the final match.                                                                                                                                                                                                                                                                                                                                                                  FOR MORE QUERY:- www.acmeentranceexpert@gmail.com

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CURRENT AFFAIRS:-

• Monetary penalty imposed on ICICI and Bank of Baroda by RBI

• GSLV Mark-III-X launched successfully by ISRO from Sriharikota

• Tashi-Nungshi became world's 1st twin to climb highest peaks of seven continents

• SC directed govt to complete fencing along Indo-Bangladesh border with in 3 months

• Ghanta Chakrapani is the first Chairman of TSPSC

Monetary penalty imposed on ICICI and Bank of Baroda by RBI

On 17th December 2014, Monetary penalty was imposed by RBI on two banks which are ICICI bank and Bank of Baroda, this penality was imposed as these banks violated RBI instructions regarding norms on Know Your Customer (KYC) and Anti Money Laundering (AML).

This penality was imposed under the provisions of Section 47(A)(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

Penality of ICICI bank is 5 million rupees and on Bank of Baroda is 2.50 million rupees.

GSLV Mark-III-X launched successfully by ISRO from Sriharikota

Among the important National Current Affairs, On 18th December 2014, India's heaviest rocket GSLV Mark-III-X (630 tonnes) carrying Crew module Atmospheric Reentry Experiment (CARE) was successfully launched by  Indian Space Research Organisation (ISRO). It will double the capacity of payloads India can carry into space boosting India's mission of sending human to the space. 

Tashi-Nungshi became world's 1st twin to climb highest peaks of seven continents

On 16th December 2014, Girls from Dehradun (Uttarakhand) Tashi Malik and Nungshi Malik became world's first twin and sibling to climb the highest peaks of the seven continents. 

They made this record after they scaled highest mountain of Antarctica Mount Vinson at 4892 meters during their Mission 2 for 7. These sisters dedicated 2 for 7 to the cause of the Indian girl child.

Following are the highlights their Journey : 

• They Conquered Mount Kilimanjaro in Tanzania (Africa continent) in February 2012,
• They Conquered Mount Elbrus in Russia (Europe continent) in August 2013,
• They Conquered Mount Aconcagua in Argentina (South America continent) in January 2014,
• They Conquered Mount Carstensz Pyramid in Indonesia (Oceania continent) in March 2014,
• They Conquered Mount McKinley in Alaska (North America continent) in June 2014 and
• Finally they Conquered Mount Vinson of Antarctica (Antarctica continent) in December 2014.

SC directed govt to complete fencing along Indo-Bangladesh border with in 3 months

On 17th December 2014, Union Govt was directed by Supreme Court to complete fencing work along Indo-Bangladesh border within three months. This direction is aimed to check cross-border influx of illegal Bangladesh nationals into Assam. Apart from this decision govt was also asked to streamline the process to deport back illegal migrants who came to Assam after 25 March 1971.

Court asked the govt that why even after 67 years of independence eastern border is left porous. Govt have to submit the status report after every three months as Court will be monitoring the steps taken by Govt.

Ghanta Chakrapani is the first Chairman of TSPSC

Among the important appointments On 17th December 2014, Academician and journalist Ghanta Chakrapani was appointed as first Chairman of TSPSC (Telangana State Public Service Commission) and he will be serving at this post for six years. At the time of appointment he was serving as Dean of Faculty of Social Sciences at B.R. Ambedkar Open University (BRAOU).                                                                                                                                                         

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