Thursday, 7 April 2016

Current Affairs March 2016 Final Revision

{Current Affairs March 2016 Final Revision : To the Point Study}
Also in pdf and useful for RRB NTPC Exam, IBPS PO, IBPS Clerk, IBPS SO Exam, SBI PO and Clerk Exam, RBI Officer Exam. All Indian Recruitment Exam General Knowledge and GK with Current Banking Events Updated.
  • N Chandrasekaran appointed to board of Reserve Bank
  • Capital Area Bank (CLAB) first to get small finance bank licence from RBI
  • Flipkart launches its own digital wallet Flipkart Money.
  • The two-day Gyan Sangam summit  concludes in Gurgaon
  • Banks disburse over Rs 1.15 lakh cr under PM Mudra Yojana : Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana (PMMY)

Yes Bank launches all women branch in Bengaluru :
Private lender Yes Bank on 08 Mar 2016 launched an all-women operated bank branch ‘Yes Grace’ on Cunningham Road here aimed at offering customised banking solutions to women. There is no restriction in the customer base as we serve male customers as well. The Yes Grace branch is part of a two pronged approach by Yes Bank; to promote women leadership in financial services sector and enable the evolving financial objectives of women.

ICICI Bank launches NFC-based contactless mobile payment solution Touch & Pay:
India’s largest private sector lender ICICI Bank has launched new contactless mobile payment solution Touch & Pay based on Near Field Communication (NFC) technology. The payment solution will enable the bank’s credit and debit customers to make in-store contactless payments by waving their smartphones near an NFC-enabled merchant terminal. With this, ICICI Bank becomes first financial institution in the country to leverage the Host Card.

South Indian Bank gets ISO 9001:2008 certification : South Indian Bank has announced that its personnel department has achieved the ISO 9001:2008 certification. V G Mathew is the MD & CEO of South Indian Bank.  The bank has its headquarters at Thrissur. The ISO 9001:2008 certification acknowledges that the policies, practices and methods adopted by the department are system oriented and in tandem with international standards.

NEWS Flash Updates: March-2016
PM Modi launches ‘Setu Bharatam’ project :
Prime Minister Narendra Modi on 04 Mar 2016 said the government is putting in all efforts to build infrastructure, especially rural roads, in a comprehensive manner. Launching an ambitious Rs 50,800 crore Setu Bharatam project to ensure highways without railway crossings by 2019 and overhaul of 1,500 British-era bridges, he said his government is committed to speeding up all projects related to infrastructure. The ‘Setu Bharatam’ project aims to make all national highways free from railway level crossing by 2019 to ensure road safety.

Parliament passes Carriage by Air amendment Bill, 2015 :
Parliament has passed the Carriage by Air (Amendment) Bill, 2015 to empower Union government to revise the limits of liability for airlines and compensation as per the Montreal Convention which India accepted in 2009.  The bill was first passed by the Lok Sabha in December 2015 and later it was passed by the Rajya Sabha in March 2016.  Now it will go for the Presidential assent as per Article 111 of Constitution.

Centre’s nod for Mega Food Park in Khammam : 
Government of India has accorded final approval for setting up a Mega Food Park in Khammam District of Telangana on 14 Mar 2016. An amount of Rs.967 crore has been proposed under the Plan for promotion of industries” in the coming fiscal.

Vice President stresses ‘Grow in India’ for agriculture
The Vice President, M Hamid Ansari wants a “Grow in India” programme to transform the socio-economic fabric of the agricultural sector. The Vice President said that the enhanced public expenditure in agriculture - in the form of increased investments, rather than un-targeted subsidies - is required to bring about technical change in agriculture, and higher agricultural growth.

Union Government launches online marketing platform Mahila E-HAAT :
The Union Government has launched an online marketing platform Mahila E-HAAT to facilitate women entrepreneurs to sell their products to buyers. It was launched by Union Women and Child Development Minister Maneka Gandhi in New Delhi. The Mahila e-Haat portal can be accessed at 

Parliament passes Bureau of Indian Standards Bill, 2015 :
Parliament has passed Bureau of Indian Standards Bill, 2015 to establish Bureau of Indian Standards (BIS). The Bill replaces the Bureau of Indian Standards Act, 1986.  It was first passed in Lok Sabha during winter session in December 2015 and later in Rajya Sabha in February 2016.  Now the bill will go Presidential assent as per provisions of Article 111 of the Constitution.

PM selects another village- Nagepur in Varanasi under SAGY :
Prime Minister Narendra modi has selected another village for adoption in his Varanasi Constituency of U.P. for development under the Saansad Adarsh Gram Yojana (SAGY).  Nagepur, a village dominated by backward castes has been selected under the second phase of the Yojana.  Earlier, Prime Minister had adopted Jayapur village in the same Varanasi constituency in the first phase in 2014. 

Google's next operating system is 'Android N' :
Google is previewing the next version of its Android operating system two months ahead of schedule in an effort to get the upgraded software on more mobile devices. The upgraded software, known as “Android N” for now, offers a split-screen feature so users can toggle between apps more easily. Android N also enables users to reply directly to notifications, something already available on the software that Google makes for smartwatches running on Android Wear. 

Railway launches online ‘clean my coach’ service : 
Railway Minister Suresh Prabhu on Friday launched an online “clean my coach” service that allows travellers to get their compartments cleaned by sending an SMS or by using an app or a designated website.

BSNL launches free WiFi service at Kashmir Airport :
The 4G-based WiFi HotSpot services of the Bharat Sanchar Nigam Limited (BSNL) at the Srinagar International Airport was inaugurated by Kashmir Divisional Commissioner Asgar H Samoon.

AAHAR 2016 kicked off at New Delhi :
The largest fair on Food and Hospitality Sector in India, AAHAR 2016 has kicked off at Pragati Maidan, New Delhi. It is the 31st edition in this series of the fair and was inaugurated by Union Minister for Food Processing Industries Harsimrat Kaur Badal.

Surat cleanest A-1 Railway Station in India :
As per recently published survey of Indian Railways Surat (Gujarat) was declared the cleanest railway station in the country.  The survey was conducted by Indian Railway Catering and Tourism Corporation (IRCTC) at 407 railway stations, which included 75 A-1 stations and 332 A-category railway stations across the country based on feedback from around 1.34 lakh passengers. 

India’s biggest Defence Expo 2016 begins in Goa : India’s biggest ever land, naval and homeland security exhibition Defence Expo 2016 began in Goa.  The four-day biennial event was inaugurated by the Union Defence Minister Manohar Parrikar.  This for the first time, the Expo is being held outside the national capital New Delhi.  Defence Expo 2016 is the 9th edition of the series of biennial land, naval and internal homeland security systems exhibitions.  The 2016 theme is “Rise of Futurism” and its vision is to make India prosperous by establishing world class science and technology base in defence sector. 

Hero MotoCorp opens R&D centre in Rajasthan:
Hero MotoCorp, the country’s largest two-wheeler maker, on 10 Mar 2016 formally inaugurated its Rs.850-crore research and development facility in Rajasthan.  This will help the company make new products independently while cutting down on development costs. 

Indian Coast Guard ship Arnvesh commissioned at Visakhapatnam :
The fast patrol vessel (FPV) of the Indian Coast Guard ICGS Arnvesh was commissioned at Visakhapatnam, Andhra Pradesh. The ship is primarily intended to undertake coastal patrol, surveillance at sea, anti-smuggling, anti-piracy operations and search and rescue operations.  The ship is 50-metre long, 300-tonne vessel. The vessel is propelled by triple Rolls Royce Kamewa water jets. It can achieve a maximum speed of 33 knots.

ISRO establishes GIRI Radar System at Tirupati : 
The Indian Space Research Organisation (ISRO) on 21 March 2016 established the Gadanki Ionospheric Radar Interferometer (GIRI) near Tirupati in Andhra Pradesh. It was set up at the National Atmospheric Research Laboratory (NARL) which is an autonomous research institute of the Department of Space.  It is a 30 MHz radar system that will be engaged in meteor and space weather research in a comprehensive way.  Its primary objective is to carry out unattended observations towards studying the forcing from the sun like variation in solar flux, solar flare and magnetic storm on the ionospheric irregularities. 

Books & Authors:
  • The Forgotten Room – Lincoln Child
  • Cometh The Hour – Jeffery Archer
  • Framed as a Terrorist – Mohammad Aamir Khan
  • Standing Guard: A Year in Opposition – P Chidambaram
  • China: Behind the Miracle – Sumita Dawra
  • Swimmers among the Stars – Kanishk Tharoor
  • The Golden Son – Shilpi Somaya Gowda
  • Alphabet Soup for Lovers – Anita Nair
  • Incarnations: India in 50 Lives – Sunil Khilnani
  • Life Mantras – Subrata Roy
  • And Then There Were None – Agatha Christie
  • In Other Words – Jhumpa Lahiri
  • India-Myanmar Relations: Changing Contours – Rajiv Bhatia
  • Erotext – Sudeep Sen
  • The Story of the Lost Child – Elena Ferrante
  • The Invisible Man from Salemby – Christoffer Carlsson
  • Baat Niklegi Toh Phir: The Life and Music of Jagjit Singh – Sathya Saran
  • Woodsmoke and Leaf Cups – Madhu Ramnath 

Important Awards: March 2016

Important Appointments: March 2016


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