Current Affairs 29th March 2017 - Banking, SSC, UPSC Affairs

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'SBI Card' launched the Unnati Credit Card to spread credit inclusion. Launched by: Union Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in New Delhi. Features of Unnati:- •    The Unnati would have no annual fees (Rs 499/year) for the initial four years and the credit card will be offered through 20,000-plus State Bank of India (SBI) branches. •    The card is targeted at all SBI customers, including the Jan Dhan account-holders across the country. And, It is primarily tailored for new users of credit cards, those who do not have a credit history. •    Any SBI customer with a balance of at least Rs 25,000 in the savings account is eligible for the Unnati credit card. •    The Easy Bill Pay facility of the card can be used to pay electricity, telephone, mobile and other utility bills. •    The card is accepted in over 24 million outlets across the globe, including 3,25,000 outlets in India. •    With SBI Card Unnati, add-on cards will be provided to the customer's parents, spouse, children or siblings above the age of 18. SBI Card:- SBI Card, launched in October 1998, is a joint venture between the State Bank of India (SBI) and the GE Capital, the financial services arm of the US-based General Electric (GE). SBI Chairman: Arundhati Bhattacharya SBI Card CEO: Vijay Jasuja

A web-based e-billing or the 'Aviation Turbine Fuel Digital Issue and Payment' (ATF DIP) has been developed by Indian Air Force (IAF) for the speedy accounting and clearance of aviation fuel bills of Oil PSUs. A total of 604 tonnes of currency notes was transported by the Indian Air Force in 33 sorties across the country after the government's decision to demonetise high-value notes last year. The e-billing module christened as 'ATF DIP' was unveiled by Chief of Air Staff, Air Chief Marshal BS Dhanoa and it will be implemented from April 1.

President Pranab Mukherjee presented Dr B C Roy National Awards for the years 2014, 2015 and 2016 and Hari Om Ashram Alembic Research Awards for the years 2008, 2010, 2015 and 2016 at a function held at Rashtrapati Bhavan. 49 physicians got the Dr B C Roy award for the year 2014, 2015 and 2016. Among the 49 awardees, as many as 15 doctors were given the award for the year 2014, 16 for 2015 and 18 for 2016. Four physicians got Hari Om Ashram Alembic Research Awards.

Chief of the Army Staff (COAS) General Bipin Rawat released the book 'Home of the Brave' on the history of Indian Army's Counter Insurgency Force, the Rashtriya Rifles (RR), in New Delhi. The book is authored by Mr Nitin A Gokhale, Defence & Security Analyst and Brig S K Chatterji (Retired). About the Book 'Home of the Brave':- 'Home of the Brave’ traces the early history of the RR, its organization, including its raising and subsequent deployment in Punjab, the North East and in Jammu & Kashmir. The RR, a formidable Counter Insurgency Force, has won many laurels in the operations. In addition to fulfilling its primary mandate of securing the Nation, the Force has also conducted several softer measures to win hearts and minds of the people- a critical and valuable practice that the Indian Army has embraced. The book also reflects upon the role of the RR in strengthening the professionalism of the Indian Army and military ethics and values throughout its rank and file. 'Home of the Brave' will serve as an authentic record of achievements of the RR for all the Army units and Army training institutions. For defence policy planners, research scholars and military historians, this book provides factual and well chronicled information.

Veteran Indian-origin South African anti-apartheid activist Ahmed Kathrada, who was one of Nelson Mandela's closest aides, died at a hospital in Johannesburg, at the age of 87. Kathrada was among those tried and jailed alongside Mandela in the Rivonia trial in 1964, which drew worldwide attention and highlighted the brutal legal system under the apartheid regime. Kathrada spent 26 years and three months in prison, 18 of which were on Robben Island. After the end of apartheid, he served from 1994 to 1999 as parliamentary counsellor to President Mandela in the first African National Congress (ANC) government. Apartheid:- Apartheid was a legalised system of discrimination against non-white people introduced in South Africa in 1948.

Former South Carolina Governor David Beasley is appointed to head the World Food Programme (WFP). Beasley will run the affairs of the world’s largest humanitarian organization, serving more than 90 million beneficiaries in 80 countries. He will replace another American, Etharin Cousin, who has been the WFP executive director since 2012. United Nations:- United Nations is an intergovernmental organization to promote international co-operation. Headquarters: New York, United States Founded: 24 October 1945. Secretary-General: Antonio Guterres World Food Programme:- The World Food Programme is the food-assistance branch of the United Nations and the world's largest humanitarian organization addressing hunger and promoting food security. Headquarters: Rome, Italy Founded: 1961

Satwiksairaj Rankireddy and Chirag Shetty clinched the $20,000 Vietnam Open International challenger badminton doubles title after defeating Thai pair of Trawut Potieng and Nanthakam Yordphaisong in a final in Hanoi, Vietnam.

Eminent jurist and senior advocate T. R. Andhyarujina passed away in Mumbai. Andhyarujina, 84, also served as Solicitor General during 1996-98. Prior to that he was the Advocate General of Maharashtra from 1993 to 1995. He specialized in the field of constitutional law, human rights, public law and commercial law. He was the chairman of the committee on Banking Laws appointed by Govt of India in 1998. He was part of the team of constitutional law expert H M Seervai in his initial days as a lawyer and witnessed from close-quarters the history-defining hearings in the The Kesavananda Bharati Case.

Honda Motorcycle & Scooter India (HMSI) announced the appointment of Minoru Kato as its new president and CEO from April 1, 2017. He takes over from Keita Muramatsu who will take over his new responsibility as executive vice president at American Honda Co. Keita, the current president and CEO has held office for six years now.  Kato started his career in Honda Japan from 1988 in production control division of automobile operations at Saitama plant. The company states that during the tenure of Keita Muramatsu, Honda 2 Wheelers was a strong contributor to Honda's two-wheeler sales globally in 2016. Honda Motorcycle and Scooter India:- Founded: 1999, Manesar Headquarters: Gurgaon Motto: Power Of Dreams Parent organization: Honda Motor Company

Indian-origin British Filmmaker Gurinder Chadha has been honored with the Sikh Jewel Award for 2017 for her immense contribution to British cinema. Chadha, whose films include Bhaji on the Beach, Bend It Like Beckham and Bride and Prejudice, received the award from UK Defence Secretary Michael Fallon. The event was organized by the British Sikh Association. The High Commissioner of India to the UK, Y K Sinha, who was the Guest of Honour, was also present on the dais. Chadha’s latest film, "Viceroy’s House" tells the true story of the final five months of British rule in India and coincides with the 70th anniversary of the Independence of India and the founding of Pakistan.

Truecaller announced a strategic agreement to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value of Truecaller’s wildly popular dialer, caller ID, and spam blocking app already used by more than 250 million people globally. Google Duo is a simple video calling app that takes the complexity out of video calling. The service has been built to be fast and reliable, with a single button push for connecting with other users. Truecaller integration with Google Duo will be available in the coming months for Android and iOS as a permission-based service. Truecaller CEO and Co-founder : Alan Mamedi.

ICICI Bank announced a partnership with mobile app firm Truecaller for a new UPI-based mobile payment service. The new feature called as Truecaller Pay, it will allow users of the app to instantly create a UPI id, send money to any UPI id or a mobile number registered with the BHIM app. It will also enable users to recharge their mobile number from within the Truecaller app itself. ICICI:- Full Form: Industrial Credit and Investment Corporation of India Established in : 1994 CEO: Chanda Kochhar Headquarters: Mumbai Tagline : Hum Hai Na , Khyal aapka  

Karur Vysya Bank (KVB) has been awarded the 'Best Small Bank for 2016'. This is the eighth award won by KVB in the current fiscal. Headquarter : Karur, Tamil Nadu Founded in : 1916 Slogan : 'Smart Way to Bank' Managing Director : K. Venkataraman

The Employees State Insurance Corporation (ESIC) launched Mobile Clinic Services for the states of Andhra Pradesh and Telangana. Launched by: Bandaru Dattatreya, Union minister of state for labour and employment, by flagging off 'Jan Suraksha Ambulances'. It is for the first time in India that the ESIC Mobile Clinic Services are launched in Telangana and Andhra Pradesh.

Minister of State for Petroleum and Natural Gas, Shri Dharmendra Pradhan launched MoP&NG e-Seva. It is a dedicated grievances redressal platform on Social Media for all queries and grievances relating to Oil and Gas Sector. This portal will be a single point interface for all customers to reach out to the government for addressing their feedback or grievances related to Oil & Gas Sector on social media.

The Mental Healthcare Bill 2016, that provides for mental healthcare and services for persons with mental illness, and also decriminalises suicide, secured parliamentary approval with the Lok Sabha's assent to the legislation. The bill, passed by the Rajya Sabha in August 2016, ensures every person shall have a right to access mental health care and treatment from mental health services run or funded by the appropriate government. It also assures free treatment for such persons if they are homeless or poor, even if they do not possess a Below Poverty Line card. One of the clauses in the bill decriminalises suicide, stating that a person who attempts suicide should be presumed to have severe stress, and shall not be punished. As per the bill, it will be government's duty to provide care, treatment and rehabilitation to a person, having severe stress and who attempted to commit suicide, to reduce the risk of recurrence of any attempt. The bill also provides that a person with mental illness will have the right to make an advance directive that states how he she wants to be treated for the illness and nominate a representative. An estimated 6-7% of the country’s population suffers from some kind of mental illness, while 1-2% has an acute condition. SALIENT FEATURES OF THE MENTAL HEALTHCARE BILL:- 1) Decriminalising attempt to commit suicide 2) Bans use of electric shock therapy for treating children with mental illness 3) Permits conditional use of shock therapy on adults, after being given anaesthesia, muscle relaxants 4) Emphasises on ensuring no intrusion of rights and dignity of people with mental illness Union Minister for Health and Family Welfares: J P Nadda

Odisha became the first Indian state to extend banking facilities to masses in unbanked areas through Self Help Groups (SHGs). To implement this initiative, Odisha State Government has signed an agreement with State Bank of India (SBI). Odisha Govt.'s Odisha Livelihoods Mission (OLM) is the main party (corporate agent) in this agreement with SBI. Expected Benefits:- 1) Over 70 per cent of Gram Panchayats in Odisha which do not have bank branches will be directly benefited from this initiative. 2) People in unbanked areas would get access to basic banking services. Odisha: Capital: Bhubaneswar Governor: Dr. S C Jamir Chief Minister: Mr. Naveen Patnaik (since 2000) Ruling Party: Biju Janata Dal Population: 43.73 million

Indian-American Vanita Gupta, who headed civil rights division in the Department of Justice in the Obama Administration, has been appointed as president and CEO of 'The Leadership Conference on Civil and Human Rights', becoming the first woman to head the prestigious organisation. Known for her fearless advocacy of all human beings, 41-year-old Gupta will replace Wade Henderson who is stepping down after more than two decades. Gupta, who will also lead its sister organisation 'The Leadership Conference Education Fund', will begin her new role on June 1. Gupta graduated magna cum laude from Yale University and received her law degree from New York University School of Law, where later she taught a civil rights clinic for several years.

Former Punjab minister and senior Shiromani Akali Dal (SAD) leader Gurdev Singh Badal passed away after prolonged illness. He breathed his last at the DMC Hero Heart Institute at Ludhiana. Gurdev had represented Panjgrain and Jaito assembly seats in the past.

Union Minister for Information and Broadcasting M Venkaiah Naidu launched Online Film Certification System E-Cinepramaan of Central Board of Film Certification (CBFC) with an aim to promote transparency and ensure Clean Cinema Clean India. This online system integrated the payments made by the producers towards certification fees with Bharatkosh portal, a system for all non-tax revenue receipts. Highlights of the Online Film Certification System E-Cinepramaan:- • This online certification system will enable in making the CBFC Office paper less. • It will enable effective monitoring & real time progress in tracking for both CBFC Officials and the applicant.  • In the e-cinepramaan, the status of each application will be visible online in the dashboard of the producer or the concerned CBFC official. • In case of short films and trailers which are of less than 10 minutes, the producer need not visit the office or theatre. They can submit their creations online. • For films longer than 10 minutes, the applicant will only have to show the film at the Examining theatre and will not have to visit the CBFC Offices at all. • The producer or applicant will be informed by SMS or e-mail of the status of their application. • The transparency in the system and elimination of middle men will mitigate chances of any corruption and will also avoid allegations of jumping the queue or rigging up of Examination committees.   • The implementation of QR code on the certificates will eliminate chances of fraudulent certificates. • It will envisage a robust MIS system for performance tracking and efficient reporting. • The system also includes inbuilt alerts depending on the pendency of the application to ensure that time limits prescribed by the rules are not violated.

India's off-spinner Ravichandran Ashwin received the Garfield Sobers Trophy for the ICC Cricketer of the Year 2016 as well as the ICC Test Cricketer of the Year 2016 from former India captains and ICC Cricket Hall of Famers Kapil Dev and Sunil Gavaskar. During the voting period, which ran from September 14, 2015, to September 20, 2016, the 30-year-old from Chennai played eight Tests in which he took 48 wickets and scored 336 runs. Ashwin also claimed 27 wickets in 19 Twenty20 Internationals. Ashwin is the third Indian, and the 12th player overall to win the award. While Rahul Dravid had won the title in 2004, Sachin Tendulkar was presented with the same in 2010. Ashwin had finished 2015 as the number-one ranked Test bowler in the world, a position he twice reclaimed in 2016. Sir Garfield Sobers Trophy:- The Sir Garfield Sobers Trophy is a cricket trophy awarded annually by the International Cricket Council to its chosen world player of the year. It was first awarded in 2004 to Rahul Dravid. The trophy is named after former West Indies cricket captain Sir Garfield Sobers, whose name was chosen by a panel consisting of Richie Benaud, Sunil Gavaskar and Michael Holding. The award was judged by a voting academy, which was entirely independent of the ICC and in which members of the media from all the 10 Test-playing countries were eligible to vote.

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  • Visits by World Presidents, Prime Ministers,
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