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GK Digest: April 2017 Bankexamstoday.Com GK Digest: April 2017 BankExamsToday.Com 3/31/2017 BankExamsTodayEditorial Ramandeep Singh GK Digest: April 2017 Table of Contents Current Affairs ....................................................................................................................................................................................... 1 Banking & Financial Awareness One-Liner: March 2017 ...................................................................................................... 114 Banking And Financial Awareness: March (1 to 5).................................................................................................................. 116 List of Mergers & Acquisitions (Jan - March 2017).................................................................................................................. 117 International Financial Organizations: Headquarters & Functions ................................................................................... 122 List Government Schemes, Web Portal and Apps Launched (January) ............................................................................. 124 List of MoUs Signed between India and other Nations (2016-17)...................................................................................... 128 List of Government Schemes, Mobile Apps & Web Portal: February 2017....................................................................... 131 List of Appointments - February to March 2017 ...................................................................................................................... 132 List of Women Playing Important Roles ..................................................................................................................................... 134 List of Insurance companies in India: Tagline, Founder and Heads ................................................................................... 139 Complete List of Oscar, BCCI and ESPN Awards: 2017 ......................................................................................................... 142 Regional Rural Banks in India - Their Sponsors and Head Office ....................................................................................... 145 BankExamsToday Editorial Summary March 2017 ................................................................................................................. 146 Current Affairs Ruchi Ghanashyam appointed Secretary (West) in diplomatic affairs with the UK and other MEA European nations. She is at present the High Commissioner of . Senior diplomat Ruchi Ghanashyam was India to South Africa. appointed as the Secretary (West) in the . Before that, she worked as the Additional Ministry of External Affairs. Secretary in the Ministry of External Affairs . She has been appointed in place of Sujata Mehta, who has recently taken over as a MEITY to promote digital transactions in place of Member in Union Public Service Commission. NITI . The Appointments Committee of Cabinet has approved Ghanashyam’s appointment to the . The government has shifted the responsibility post. of promoting digital transactions in the . As the Secretary (West), Ghanashyam will be country to the Ministry of IT and Electronics responsible for looking after the country’s (MEITY) from NITI Aayog. www.BankExamsToday.Com Page 1 GK Digest: April 2017 . The central government has already changed . The term of office of chairperson, who is given the business transaction rules to enable MEITY the rank of Union Cabinet Minister, is three to promote digital transactions, including years from the date of assumption of charge. digital payments . Sai was elected to the Madhya Pradesh . The decision has been taken in view of the legislative assembly in 1977, 1985 and 1998. core competence of MEITY to promote digital He was also elected to the Chhattisgarh means for various transactions. legislative assembly in 2000 and was the first . Government is of the opinion that NITI Aayog - leader of opposition in the House. - which is a think-tank -- should focus on . The NCST is empowered to investigate and monitoring and suggesting ways to improve monitor matters relating to safeguards various government schemes rather than provided for STs under the Constitution. getting involved with implementation. The Commission is also authorised to inquire . The IT ministry is responsible for promotion of into specific complaints relating to the rights e-governance for empowering citizens as well and safeguards of STs and to participate and as promoting inclusive and sustainable growth advise in the planning process relating to their of electronics and IT in the country. socio-economic development. It is also responsible for encouraging the growth of IT-enabled services industries. India’s Radhanagar beach in Andaman Islands Earlier, the government had set up a features in top 10, ranks 8 in the world committee under the chairmanship of NITI Aayog CEO Amitabh Kant to push adoption of . Radhanagar on the Havelock Island in the e-transactions amid the cash crunch faced by Andamans has featured among the top 10 in citizens due to the note ban. TripAdvisor’s ‘World’s Travellers’ Choice Award-Winning Beaches’. Nand Kumar Sai is new chairman of National . The Radhanagar beach has secured No 8 Commission for Scheduled Tribes position in the world and first spot in Asia. Senior tribal leader from Chhattisgarh and ex- . TripAdvisor has honoured 343 beaches, parliamentarian Nand Kumar Sai has assumed including the top 25 in the world and local lists charge as chairman of the National for Africa, Asia, Australia, Caribbean, Central Commission for Scheduled Tribes (NCST). America, Europe, South America, the South . The 71-year-old Sai succeeds Rameshwar Pacific, the UK and the US Award. Oraon, whose tenure had ended on October . The Baia do Sancho Fernando de Noronha in 31 last year. Taking charge. Brazil topped the list followed by Grace Bay . Sai would work to protect the rights of the Providenciales in Turks and Caicos, Eagle tribal people living in far-flung areas of the Beach in Aruba, Playa Paraiso Cayo Largo in country. Cuba, Siesta Beach Siesta Key in the US, La www.BankExamsToday.Com Page 2 GK Digest: April 2017 Concha Beach in Spain and Playa Norte Isla . Baglay joined the Indian Foreign Service in Mujeres in Mexico. Elafonissi Beach in Greece 1992 and has served as the deputy high secured No 9 position and Galapagos Beach in commissioner to Islamabad from 2011 to Ecuador was at No 10 in the list. 2014. Since 2015, he acted as joint secretary dealing with Pakistan, Afghanistan and Iran in Country's first integrated heliport inaugurated in the foreign ministry. Delhi . He has also served as joint secretary (States) from October 2014 to December 2015, and . The country's first integrated heliport was was tasked with creation of a separate inaugurated in the national capital with Civil department in the ministry to facilitate Aviation Minister A Gajapathi Raju saying it is international outreach of the Indian states. the first of its kind facility in South Asia. Built by state-owned Pawan Hans Ltd, the National Science Day: 28 February heliport consists of a terminal building, having a capacity of 150 passengers, four hangars . National Science Day is celebrated in India on with parking capacity for 16 helicopters and 28 February each year to mark the discovery nine parking bays. of the Raman effect by Indian physicist Sir . The heliport also has a maintenance, repair Chandrashekhara Venkata Raman on 28 and overhaul (MRO) facility for the upkeep of February 1928. Pawan Hans fleet as well as for the third-party . For his discovery, Sri C.V. Raman was awarded maintenance work. the Nobel Prize in Physics in 1930. The commencement of services from the . National science day is celebrated as one of heliport is also expected to reduce congestion the main science festivals in India every year at the Delhi airport, which currently handles during which students of the schools and about 40-50 helicopter arrivals and departures colleges demonstrate various science projects on an average per day besides the large-scale and national and state science institutions fixed-wing operations. demonstrate their latest researches. Gopal Baglay appointed as new Ministry of American Express launches 'Buyer Initiated External Affairs spokesperson Payments' to eliminate cheque, draft payments . Joint secretary Gopal Baglay was appointed . Global leader in payment solutions American the spokesperson of the Ministry of External Express announced the launch of Buyer Affairs Initiated Payments (BIP), an electronic . Apart from spokesperson, Baglay would also payment platform linked to corporate card occupy the post of joint secretary of external that reduces processing costs and offers publicity. extended payment terms compared to traditional invoice payments. www.BankExamsToday.Com Page 3 GK Digest: April 2017 . BIP enables companies to increase the Days . He will be assuming the charge on or after 1 Payable Outstanding (DPO) while still paying June vendors on time. This web-based tool linked to Corporate Card World Bank to provide $63 mn loan for 'Tejaswini' fits and works within existing processes and project includes reconciliation reporting that simplifies . The World Bank will provide USD 63 million tracking vendor payments. loan to India to empower 6.8 lakh adolescent . BIP also helps organizations and their vendors girls in Jharkhand under the 'Tejaswini' project. to participate in the trading cycle digitally thus . A Financing
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