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Banking News Banking News • SBI also announced that it has also rationalised interest rate on savings bank account to a flat 3 percent per annum for all buckets. • Currently, the interest rate on SB accounts is 3.25 percent for deposits up to Rs 1 lakh in SB accounts, and 3 percent for deposits above Rs 1 lakh. • The country's largest lender has 44.51 crore savings bank (SB) accounts • SBI also waived minimum balance requirement in Saving Account • SBI customers need to maintain AMB of Rs 3,000, Rs 2,000 and Rs 1,000 in metro, semi urban and rural areas, respectively Banking News • Fixed deposits (FDs) maturing between 7 days to 45 days will offer an interest rate of 4 per cent as against 4.50 percent earlier • Interest rates on FDs maturing in one-year and above have been reduced by 10 basis points • One-year to less than two-year tenor FD will earn an interest rate of 5.90 per cent against 6 per cent earlier • SMS facility will be free now • Marginal Cost of Funds based Lending Rate has been reduced by 10 basis points to 7.75 per cent from 7.85 percent earlier Question. Where is the headquarter of Indian Coast Guard ? a) Chennai b) Vishakhapatnam c) Kochi d) New Delhi e) Mangalore Question. Where is the headquarter of Indian Coast Guard ? a) Chennai b) Vishakhapatnam c) Kochi d) New Delhi e) Mangalore • Motto: वयम ् रक्षाम (We protect) • 18 August 1978: Founded Exercise SAREX 2020 • National level Search, and Rescue Exercise and Workshop (Exercise SAREX 2020) concluded in the sea at Vasco, Goa. • Conducted by the Indian Coast Guard • Inaugurated by Dr. Ajay Kumar, IAS, Secretary Ministry of Defence • The exercise witnessed the participation of 24 overseas observers from 19 countries • Theme: Harmonization of Maritime and Aeronautical Search and Rescue code "HAMSAR • Director-General of Indian Coast Guard: Krishnaswamy Natrajan BBC Indian Sportswoman of the Year 2019 • Indian shuttler PV Sindhu won the BBC Indian Sportswoman of the Year 2019. In 2019, Sindhu became the first Indian to win badminton World Championship gold in Basel, Switzerland. • The award ceremony was hosted by BBC Director-General Tony Hall • Veteran athlete PT Usha was awarded the Lifetime Achievement Award Question. What is the Rank of India as per Freedom in the world 2020 report issues by the Freedom House, a USA based watchdog that conducts research and advocacy on democracy. a) 23rd b) 44th c) 67th d) 83rd e) 102nd Question. What is the Rank of India as per Freedom in the world 2020 report issues by the Freedom House, a USA based watchdog that conducts research and advocacy on democracy. Freedom House: a) 23rd • President: Michael J. b) 44th th • HQ: Washington, D.C c) 67 d) 83rd e) 102nd • Finland topped the list as the free democratic country Resignation • Board of Control for Cricket in India vice president Mahim Verma is to resign from his post • The announcement comes after his win in the election for the post of secretary at the Cricket Association of Uttarakhand • Mr. Verma was appointed as BCCI's vice president in 2019 • Rajiv Shukla, the former IPL chairman, has been nominated for the post Question. Which of the following deputy governor of RBI has recently announced his resignation due to health problems. a) N S Vishwanathan b) Michael Patra c) B P Kanungo d) M K Jain e) Viral Acharya Question. Which of the following deputy governor of RBI has recently announced his resignation due to health problems. a) N S Vishwanathan b) Michael Patra c) B P Kanungo d) M K Jain e) Viral Acharya • He announce his retirement three months before the end of his extended one-year tenure. While the Reserve Bank has accepted his request to be relieved by March 31 • He has served under three governors Raghuram Rajan, Urjit Patel and Shaktikanta Das. Green J&K Program • Jammu and Kashmir Forest Department, under the "Green J&K" program, from its given target of one crore saplings, has so far planted 32 lakh saplings of various varieties across the Union Territory. • LG: Girish Chandra Murmu Question. SEBI SCORES application has been launched by Securities and Exchange Board of India for lodging investor grievances. What is Re in SCORES ? a) Register b) Remittance c) Reform d) Regulate e) Redress Question. SEBI SCORES application has been launched by Securities and Exchange Board of India for lodging investor grievances. What is Re in SCORES ? a) Register b) Remittance c) Reform d) Regulate e) Redress • SCORES: SEBI Complaints Redress System • Chairman Ajay Tyagi New Book Release • The chief minister of Odisha Naveen Patnaik released a comic book titled The Adventures of the Daredevil Democrat • This book is released on the occasion of the 104th birth anniversary of former Odisha CM Late Biju Patnaik in Bhubaneswar, Odisha • The book deals about the life and works of legendary leader and Naveen Patnaik’s father Biju Patnaik • The comic book, prepared by Kalinga Foundation Trust and published by New Delhi- based the Creative workshop Question. Hindustan Aeronautics Limited (HAL) is planning to set up logistics bases in four nations outside of India. Which of the following country is not included in this plan. a) Malaysia b) Myanmar c) Vietnam d) Indonesia e) Sri Lanka Question. Hindustan Aeronautics Limited (HAL) is planning to set up logistics bases in four nations outside of India. Which of the following country is not included in this plan. a) Malaysia b) Myanmar c) Vietnam d) Indonesia e) Sri Lanka • The development is in sync with the goal of achieving $5 billion defence sector exports in the next five years, as announced by Prime Minister Narendra Modi. • Chairman and Managing Director of HAL- R Madhavan Kisan Rail • Union Government of India has constituted a committee to decide modalities of Kisan Rail • This committee has been formed under the Ministry of Agriculture and Farmers Welfare along with representatives of the Indian Railways • “Kisan Rail” is planned to be set up through the public-private- partnership mode and will facilitate a cold supply chain to transport the perishable goods • Rs. 2.83 lakh crore to be allocated for the following 16 Action Points: • Rs. 1.60 lakh crore for Agriculture, Irrigation & allied activities. • Rs. 1.23 lakh crore for Rural development & Panchayati Raj. Mission Shakti • Odisha will be the first state to have an exclusive department for Self Help Group (SHGs) called “Mission Shakti” • It is created for the development of women & is dedicated to all the women of Odisha • The Mission Shakti and Mamata Scheme combinedly benefit 70 lakh, women in the state. 50% reservation in Panchayati Raj has created a new era for the socio-economic development of women • Governor of Odisha: Ganeshi Lal Business News • India 2019 thermal coal imports rise 12.6% to nearly 200 million tonnes • Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel. • India imported 51.33 million tonnes of coking coal in 2019, down from 51.63 million tonnes in 2018, the data showed. Happy Learning.
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