Current Affairs 30th March 2016 - Banking, SSC, UPSC Affairs

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on after Steven B. Sample became president of USC, the L.A. riots erupted. Administrators and staff were told to leave as smoke billowed on the horizon during those tense days in 1992. But Sample stayed, sleeping on his office floor and keeping company with fearful students in the dining hall.The South Los Angeles campus escaped damage, but the nearby violence generated cries to move USC to a less-troubled neighborhood — perhaps somewhere in Orange County. Instead Sample doubled-down on his university as an “anchor institution” in the city, launching a massive civic engagement effort and proving himself a master salesman who boosted the schools prestige and coffers.During 19 years as president, Sample catapulted USC from being a school often mocked as the University of Second Choice or the University of Spoiled Children into a top educational institution and fundraising powerhouse.He died Tuesday at the age of 75. No cause of death was released.

New Delhi, Mar 28: Prime Minister Narendra Modi is set to begin his first major foreign tour for the year 2016. Brussels would be the first stop in Modis itinerary followed by Washington and Saudi Arabia. Modi would reach the European shores on March 30, kicking off his yet another high-stake global tour, which would also allow him to grab headlines for the forthcoming days.Modis visit to Brussels comes at a time when Indias trade relation with the European Union is taking a bump. Ever since the regime altered in mid-2014, the stalwarts of EU have shown lack of trust in India. The FDI equity inflow has been constantly dropping ever since Modi came to power. While the foreign investment roughly stood at $24,913 million between 2012-14, it dropped to $8,207 million in 2014-15. In the same period, trade in goods dropped by 4 per cent $98 billion, whereas, the bilateral trade in services also shrunk by 2.5 per cent, bringing it down to %26 billion.

Prime Minister Narendra Modi will on April 5 inaugurate Stand Up India initiative which is aimed at creating jobs and promoting entreprenuers among SC, ST and women by extending loans at cheaper rates.The programme will be launched by Modi at a function to be held at Noida.The Cabinet, headed by Modi, had in January approved Stand up India scheme for providing credit to SC, ST and women entrepreneurs at lower rates.Under the scheme, which will be implemented  .. 

Uber launched its pilot bike-sharing service, uberMOTO, in Gurgaon on Tuesday, which is a car-free day in the city. Customers can call for a motorcycle or scooter on the Uber app.The base fare for the ride is Rs15, with Rs3 for every kilometre and Rs1 per minute. Earlier this month, Uber and its Indian rival Ola had launched a similar service in Bengaluru. But road transport authorities cracked down on the services, claiming that neither of the companies had got approvals. uberMOTO services will be available in Gurgaon between 7.30am and 9.30pm. The customer has to wear a helmet before sitting pillion. The American taxi-hailing service provides GPS tracking of the bikes and customers can share the trip with others. 

New Delhi, Mar 28 (ANI): The US Agency for International Development (USAID) and the Asian Development Bank (ADB) today signed a Memorandum of Understanding to facilitate USD 848 million (Rs. 5,681 crore) in funding to develop solar parks across India.The agreement was signed by Jonathan Addleton, Mission Director, USAID/India and M. Teresa Kho, Country Director, India Resident Mission, Asian Development Bank.Through the agreement, USAID will align the technical resources of two of its programs to support ADBs investments in the development of solar parks and renewable energy transmission infrastructure in states at the forefront of Indias efforts to promote clean energy. The collaboration will initially focus on the state of Rajasthan.The cooperation will design and develop public-private partnership models as well as study options for managing grid reliability. In particular, USAID technical activities will help place investments of USD 348 million (Rs. 2,331 crore) by ADB for transmission infrastructure for renewable energy deployment in western Rajasthan.USAID will also work with ADB across India with an additional USD 500 million (Rs. 3,350 crore) of investment in the design and development of solar parks.

Russian grandmaster Sergey Karjakin on 28 March 2016 won the FIDE World Chess Candidates Tournament held in Moscow. In the final Round 14, the Russian grandmaster defeated American grandmaster Fabiano Caruana. Karjakin will now play with the incumbent world champion, Norwegian Grandmaster Magnus Carlsen, in a match for the world chess crown in the United States in November 2016.

The Indian Space Research Organisation (ISRO) is set to script history by launching a record number of 22 satellites in a single mission in May 2016. These satellites (micro and nano) will be launched using ISROs workhorse Polar rocket PSLV C34. It will be carrying Indias Cartosat 2C along with 21 other satellites from other countries, including US, Canada, Indonesia and Germany as co-passengers. This launch would be made from the Satish Dhawan Space Centre at Sriharikota. Earlier in 2008, ISRO had sent ten satellites into orbit in a single mission. The US space agency NASA (National Aeronautics and Space Administration) holds current world record for sending highest number of satellites in single launch. It had sent 29 satellites to the orbit in a single launch in 2013.

New Delhi, Mar 29 (PTI) India ranks third among countries with high number of financial Trojan infections, where cyber criminals defraud customers of online banking services, security solutions firm Symantec said today.India has moved up from 5th position in 2014 to rank 3 in 2015, although global detections have dropped, Symantec said in a report."Although global detections dropped, financial Trojans are becoming far more capable and criminals are increasingly targeting institutions directly... India was preceded by the US and Germany," the report added.The report said India has consistently moved up the rankings for countries with the most number of financial Trojan infections over the last three years (No 7 in 2013; No 5 in 2014; and No 3 in 2015).Using financial Trojans to defraud customers of online banking services is still a popular method among cybercriminals looking to make a profit, it added."For our research, we extracted configuration files from 656 active malware samples. Within those files, we found 2,048 URL patterns that show that the Trojans are targeting customers of 547 organisations in 49 countries," it said.

Jim Harrison, the great writers in contemporary American fiction has passed away at his home in Patagonia, Arizona. He was the prolific author and poet. He was 78 year old.He was a versatile writer who authored almost 40 books, including novels, collections of poems and eloquent essays about his passion for food. He was considered a master of the novella, a short novel or long short story, although he didnt find mainstream success until later in his career.Mr. Harrison was born in 1937 in Grayling, Michigan. He was blinded in his left eye by an accident when he was 7 year old. A restless adventurer as a young man, he once hitchhiked from Michigan to California to gaze at the Pacific Ocean.Although Harrison never wrote big best-sellers, his work was deeply admired in literary circles. Among his most beloved novels and novellas are “Dalva,” “Julip,” “The Woman Lit by Fireflies” and “True North.”

Bangladeshs top court has rejected a 28-year-old petition to remove Islam as official religion of the country. While the South Asian nations Islamists rejoice, analysts say the move is a setback for secular forces. Islam was introduced as state religion in the Bangladeshi constitution in 1988, almost two decades after the South Asian nation got independence from Pakistan following a liberation war. The inclusion of Islam was against the core principles of the countrys independence fighters. The move prompted a group of 15 prominent citizens to file a petition in the courts.

Reserve Bank today said it has canceled registration of 22 non-banking financial companies (NBFCs) including that of Amazan Capital and Mascot Commerce.The RBI said it canceled the certificate of registration of the NBFCs in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934."Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution," it said in a statement. NBFCs whose registration have been canceled include Kundan Leasing and Finvest, Raseera Investments, Limtex Impex, Dignity Motors Finance, Akansha Consultancy Services, Bini Commercial Enterprises, Nirankar Investments, and Surin Investments.

Renowned playback singer P. Susheela Mohan in the last week of March 2016 entered the Guinness Book of Records for singing 17695 songs in 12 Indian languages. On the other hand, Asia Book of Records also officially recognised Susheela for singing most number of songs in Indian languages.While the Guinness Book of Records officially credited her for singing 17695 songs (solo, duet and chorus backed songs) in twelve Indian languages, Asia Book of Records recognised her for singing 17330 songs.

Patty Duke, the teen who won an Oscar for The Miracle Worker and later played "identical cousins" in her own TV sitcom, has died. She was 69.The news was confirmed Tuesday by one of her representatives, Mitchell Stubbs."Anna Patty Duke Pearce passed away this morning March 29, 2016 at 1:20 am," his statement read. "Her cause of death was sepsis from a ruptured intestine. She was a wife, a mother, a grandmother, a friend, a mental health advocate and a cultural icon. She will be missed."Duke died at a hospital in Coeur DAlene, Idaho, where she had lived for the last 25 years with fourth husband Michael Pearce.

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