Ravi Shastri resigns from ICC Cricket Committee
Former India Cricket team captain and Team Director Ravi Shastri has resigned from his post as media representative in ICC's Cricket Committee.
About Ravi Shastri:
- He represented the Indian national team in both Test and ODI match between 1981 and 1992
- He started his career as a left arm spin bowler, but he later transformed into a batting all rounder
- Debut match India vs New Zealand at Wellington in 1981
About International Cricket Council:
- Headquarter of ICC: United Arab Emirates
- Present Chairman of ICC: Shashank Monohar
Important Question for Competitive Exam from this Current Affairs:
- Name the Former cricketer, who has resigned from his post as media representative in ICC's Cricket Committee: a)Sachin Tendulkar b)Ravi Shastri c)Rahul Dravid d)Anil Kumble
- Present Chairman of ICC: a)Shashank Monohar b)Anurag Thakur c)Zaheer Abbas d)N Shrinivasan
The fighter craft is capable of attack missions and is also used against smuggling and poaching activities.
The Ship is named Tarasa, after an island in the Andaman and Nicobar archipelago.
Important Question for Competitive Exam from this Current Affairs:
- The Indian Navy has launched the last of the series of the __________ ship at a ceremony in Kolkata: a)WJFAC b)WPFIC c)FAPC d)None of these
- Which day is observed as 'Indian Navy Day': a)4th December b)15th December c)4th March d)15th March
Axis Bank Opens Innovation lab for Start up
Private sector lender Axis Bank launched an innovation lab on Wednesday to hone start-ups and announced that it will create a dedicated fund to invest in these new-age companies that would benefit its business.
The bank launched the 10,000 sq ft lab at Bengaluru with an in-house innovation team, which will host a three-month accelerator programme where companies will get mentored.
The idea behind the initiative, called ‘Thought Factory’, is to take innovation to the next level and also keep abreast of changes in technologies. The bank will work with companies in various stages of maturities, including those at the ideation level, he said, adding that there can be two-way benefit to the lender through the initiative.
About Start up:
Startup India in an action plan to develop an ecosystem to promote and nurture entrepreneurship across the country. This is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage startups with jobs creation. The campaign was first announced by Prime Minister Modi in his 15 August 2015
Benefit of Start up:
Important question for Competitive Exam from this Current Affairs
- Freedom from Capital gain tax for 3 years
- Freedom from tax in profit for 3 years
- 80% reduction in patent registration fees
- The government is launching a mobile app on 1 April 2016 and a portal that will allow companies to register in a day
- Rs10,000-crore fund for new enterprises
- Rs500-crore credit guarantee scheme and easier exit norms
- Japanese Softbank, which had already invested $2 billion in Indian startups, has pledged total investments of $10 billion
- Encourage entrepreneurship
- Which bank launch a innovation lab for Start up: a)State Bank of India b)Yes Bank c)Axis Bank d)ICICI Bank
- Headquarter of Axis Bank: a)New Delhi b)Mumbai c)Bengaluru d)Chennai
- Present Md and CEO of Axis Bank: a)Shikha Sharma b)Bhupen Bhandari c)Rakesh Sharma d)Aditya Puri
President Pranab Mukherjee presented the Dr B.C. Roy national awards for 2008, 2009 and 2010 at Rashtrapati Bhavan on the occasion of Doctors’ Day
The Awardees for 2010: Nikhil C. Munshi, Tejinder Singh, O.P. Kalra, Amrinder Jit Kanwar, Subash Gupta, Rajendra Prasad and Glory Alexander.
The Awardees for 2009: K.H. Sancheti, Atul Kumar, Renu Saxena, Kanan A. Yelikar, A.K. Kriplani, G.V. Rao, H.S. Bhanushali, Moti Lal Singh, C.N. Purandare and C.V. Hari Narayan.
The Awardees for 2008: Mammen Chandy, Rajeshwar Dayal, Rohit V. Bhatt, Neelam Mohan, Mohan Kameswaran, Harsha Jauhari, Gopal H. Badlani and Yash Gulati
About Bidhan Chandra Roy:
- B. C Roy was the second Chief Minister of West Bengal
- On the day of his birth 1st July , celebrated as 'National Doctors Day'
Important Question for Competitive Exam from this Current Affaris:
- National Doctors day celebrated in which day: a)1st July b)11th May c)7th March d)18 November
RIL, SBI sign shareholder pact for payments bank joint
venture
Reliance Industries (RIL) has signed a shareholder agreement with SBI to set up a payments bank joint venture
Shareholder Agreement: Reliance Industries Ltd. with a 70 per cent equity contribution and SBI as joint venture with a 30 per cent equity contribution
About Payment Bank:
a payment bank is generally a non-full service niche bank in India. It is a distinguished bank that will undertake only limited banking functions which are allowed as per the Banking Regulation Act of 1949. The licenced entities as payment banks could only receive deposits and offer remittances. They cannot undertake lending activities.
What Payment Bank Do:
- Accept demand deposits from individuals, small business or other similar entities.
- Take cash deposits to the limit of Rs. 1 lakh (this might be raised later by the RBI depending upon the performance of the bank).
- Set up branches, ATMs and correspondents
- Issue debit cards and offer internet banking facility
- Sell mutual funds, insurance and pension products
- Accept remittance to be sent to multiple banks and receive remittances from them too
What Payment Bank Don't Do:
- Lend loans
- Issue credit cards
- Accept NRI deposits
- Set up subsidiaries for non-banking financial services.
- Offer other financial/non-financial services of promoters.
Important Question for Competitive Exam from this Current Affairs:
- Reliance Industries signed a shareholder agreement with ____________ bank to set up a payment bank joint venture: a)Dena Bank b)State Bank of India c)ICICI Bank of India d)Yes Bank
- Maximum amount that can a payment accept as a deposit is: a)10 Lakh b)1 Lakh c)1 Crore d)5 Lakh
Shri Radha Mohan Singh launches a web based App CMRS for
better crop and Nutrient management released for Bihar farmers
The Union Agriculture & Farmers' Welfare Minister, Shri Radha Mohan Singh launched Crop Manager for Rice-based Systems (CMRS) – a web based App for better crop and Nutrient management released for Bihar farmers in a program organised at ICAR-RCER in Patna.
Benefits: Crop Manager for Rice-based Systems (CMRS) is a web-based App which can be used with computer, mobile and tablet and aims to increase farmer's net income and sustain the productivity for rice-based cropping systems in Bihar
CMRS provides irrigated and rainfed farmers with rice-based cropping systems in Bihar with a crop and nutrient management guideline customized to the needs of an individual farmer. CMRS uses a farmer's answers to questions on farming practices to automatically generate a rice, wheat, or rabi maize management guideline.
Important Question for Competitive Exam from this Current Affairs:
- Union Agriculture Minister launched ______________ app for better crop and nutrient management for Bihar farmers: a)CMRS b)DMPS c)PRAYAG d)NITI-Srestha
- What is the full form of CMRS: a)Crop Manger for Rice-based Systems b)Cabinet Meating Regulating System c)Crop Management Regulating System d)Crop's Income Multiple Regional service
Ministry of Tourism releases data on domestic and foreign
tourist visits to states and UTs
Market Research Division of Ministry of Tourism compiles data on domestic and foreign tourist visits to States/Union Territories (UTs) received from Departments of Tourism of various State Governments and UT Administrations.
Domestic Tourist Visits to States/ UTs:
- During 2015, the number of domestic tourist visits to the States/ UTs was 1432 million as compared to 1282.8 million in 2014 registering a growth of 11.63% over 2014.
- The top ten States in terms of number of domestic tourist visits (in millions), during 2015, were Tamil Nadu (333.5), Uttar Pradesh (204.9), Andhra Pradesh (121.6), Karnataka (119.9), Maharashtra (103.4), Telangana (94.5), Madhya Pradesh (78), West Bengal (70.2), Gujarat(36.3) and Rajasthan (35.2).
- The contribution of top 10 States was about 83.62% to the total number of domestic tourist visits during 2015.
- Tamil Nadu and Uttar Pradesh have maintained the first and second rank respectively in terms of DTVs in 2015. Andhra Pradesh has gained the third position leaving Karnataka and Maharashtra at the succeeding fourth and fifth positions respectively.
- During 2015, the number of foreign tourist visits (FTVs) to the States/ UTs was 23.3 million as compared to 22.3 million in 2014 registering a growth of 4.4% over 2014.
- The top ten States in terms of number of FTVs (in millions) during 2015 were Tamil Nadu (4.68), Maharashtra (4.41), Uttar Pradesh (3.1), Delhi (2.38), West Bengal(1.49), Rajasthan(1.48), Kerala(0.98), Bihar(0.92), Karnataka(0.64) and Goa(0.54).
- The contribution of top 10 States was about 88.4% to the total number of FTVs in the country during 2015.
- In 2015, while the top 4 states retained their previous rankings, West Bengal improved by one rank to leave Rajasthan at sixth rank. Kerala, Bihar and Karnataka retained their ranks at seventh, eighth and ninth and Goa re-entered the top 10 most visited states causing Haryana to drop out of the ranks.
Important Question for Competitive Exam from this Current Affairs:
- Which State ranked first place of foreign tourist visits to States/UTs in according to Minister of Tourism releases date: a)Tamil Nadu b)Maharashtra c)West Bengal d)Karnataka
India's first integrated defence communication network
launched
India's first integrated defence communication network was launched in South block, Delhi. The network enable the army, air force, navy and the Special Forces Command to share situational awareness for a faster decision-making process.
Launched by: Defence Minister Monohar Parrikar
About Defence Communication Network:
- It is a strategic, highly secure and scalable system.
- It has a pan-India reach — from Ladakh to the North East to island territories.
- This network offer high quality voice, video and data services covering 111 entities spread across the country.
- It is capable of working on terrestrial as well as satellite mode of communication
- It is built by HCL by nearly 600 crore
Important Question for Competitive Exam from this Current Affairs:
- India's first integrated defence communication network launched by Defence Minister Monohar Parrikar in: a)Bengaluru b)Delhi c)Kolkata d)Visakhapatnam
- The network developed by: a)TCS b)HCL c)Microsoft d)Alphabet inc.
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