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| Current Affairs |
Welcome to Mentor for Bank Exams Current Affairs Section. Here I am presenting Daily Current affairs News
Updates about the National and International events were listed here.
Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other
competitive exams can use this. Kindly make use of these!!!
NATIONAL
1) First Indian city to get 'Water Metro’: Kochi
Kochi to become the first Indian city where water
connectivity will be developed as a feeder service to the metro rail.
The boats will provide the same transportation
experience as the metro, and will be called 'Water Metros'.
Financing for this project is being done by the
Indo-German Bilateral Cooperation.
The Kerala government and German funding agency KfW
will sign an agreement for this project.
The amount to be invested in the project is Rs 747
crores.
2) Maharashtra CM launches pilot project of e-complaint
system
Maharashtra
Chief Minister Devendra Fadnavis has launched a pilot project of e-complaint
system on an experimental basis in Pune.
After the pilot project, the system will be launched
across the state in next eight months.
The project has been launched during the concluding
ceremony of 14th Maharashtra Police Duty Meet at SRPF ground at Ramtekdi.
3) Govt fixes year-end target of 100 Per Cent
Aadhaar-Linked DBT
All Direct Benefit Transfers (DBT) will be linked to
Aadhaar by the end of the current calendar year.
While setting the ambitious target, the Centre has
also decided to bring all subsidies and welfare schemes under the DBT net by
March 31, 2017.
The DBT programme, a major reform initiative to
check leakages of welfare funds, was launched on January 1, 2013 with regard to
24 selected schemes of eight ministries. At present, benefits under 74 schemes
of 17 ministries are being reached to the targeted people through DBT.
4) KSSIDC to hold udyog mela in Bengaluru on July 31
The
Karnataka State Small Industries Development Corporation (KSSIDC) in
partnership with Karnataka Small Scale Industries Association (KASSIA) is
organising a udyog mela in Bengaluru on July 31.
The mela will be held from 9 am to 5 pm at the
Regional Institute of Co-operative Management, Padmanabhanagar. “About 150
medium and large MNCs and Indian companies are participating. We are expecting
around 15,000 to participate at the mela,” said B Gurappa Naidu, Chairman,
KSSIDC.
5) LS Speaker Sumitra Mahajan sets up 9-member panel to
probe Bhagwant Mann incident
Lok Sabha Speaker Sumitra Mahajan said AAP MP
Bhagwant Mann's videography of the Parliament House complex had put its
security "in peril" and asked him not to attend the House till a
decision is taken on the matter while setting up a nine-member panel to
probe the issue.
The
panel, chaired by BJP member Kirit Somaiya, has been asked to submit its report by August 3,
while Mann has time till tomorrow morning to submit his explanation to the
committee.
6) Tourism ministry sanctions 25 projects worth Rs. 2,048
crore
India's Ministry of Tourism has sanctioned 25
projects worth Rs. 2,048 crore under the Swadesh Darshan (domestic sightseeing)
scheme to as many as 21 states. The aim of the scheme is to position tourism as
a major engine of economic growth and job creation.
The states and the Union territories include Jammu
and Kashmir, Uttarakhand, Rajasthan, Maharashtra, Kerala, Puducherry, Andhra
Pradesh, Telangana, Madhya Pradesh, Chattisgarh, Bihar, West Bengal, Sikkim,
Assam, Meghalaya, Mizoram, Arunachal Pradesh, Nagaland, Manipur and Tripura,
the ministry said in a statement.
INTERNATIONAL
1) World's largest seaplane unveiled by Chinese state
company
China has unveiled (announce publicly for the first
time) the world's largest amphibious (suited for both land and water) AG600
aircraft.
Beijing (capital of China) plans to use the aircraft
for marine missions and fighting forest fires.
AG600 has rolled off (to flow or fall off) a
production line in Zhuhai in southern China.
It measures 37 meters (121 feet) in length with a
wingspan of 39 meters (128 feet).
2) India, Mexico target tourism, telecom to boost ties
India
and Mexico are charting out a new path in bilateral trade and investment ties
with a focus on sectors including renewable energy, telecom and medical
devices.
This was agreed upon during the recent meeting in
Mexico of the bilateral High Level Group (HLG) on Trade, Investment and
Economic Cooperation. The HLG, which was established in 2007, had met on July
13-14 after a gap of four years.
3) Nepal PM steps down, country plunged into new political
uncertainty
Nepal Prime Minister K.P. Sharma Oli on Sunday
resigned, plunging the Himalayan nation into a fresh bout of political
uncertainty.
He submitted his resignation to President Bidhya
Devi Bhandari at the President’s Office here, hours before Parliament was to
vote on a no-trust motion against his government, officials here said.
“Before arriving here, I held a meeting with the
President and put in my papers,” he told Parliament while replying to the
no-trust motion.
Oli was elected the 38th Prime Minister of Nepal in
October 2015.
BANKING
NEWS
1) RBI imposes penalty on Bank of Baroda in fraud case
The
Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on Bank of
Baroda (BoB) after it
found irregularities in the Rs 6,100-crore scam that was unearthed last year.
"The Reserve Bank of India has imposed a
penalty of Rs 50 million (Rs 5 crore) on Bank of Baroda... Pursuant to the
internal audit of the Bank of Baroda, the Reserve Bank of India and
investigative agencies in October 2015 were advised by the Bank of certain
irregularities observed," Bank of Baroda said in a BSE filing.
BUSINESS
NEWS
1) Verizon to announce $5 billion deal to buy Yahoo
Verizon
Communications Inc (VZ.N) will announce an agreement to buy Yahoo Inc (YHOO.O)
for about $5 billion, according to a person familiar with the matter.
The announcement will come before the start of New
York trading hours, the source added.
The deal will end months of uncertainty about
Yahoo's future after the company announced plans to review strategic
alternatives in February.
Yahoo and Verizon both declined to comment.
Bloomberg first reported the deal would be announced
on Monday for $4.8 billion.
APPOINTMENTS
1) Ericsson CEO Vestberg steps down with immediate effect
Swedish mobile telecoms gear maker Ericsson's Chief
Executive Hans Vestberg has stepped down with immediate effect, the company
said on Monday.
Vestberg, who has been CEO since 2010, has come
under fire in recent months, with Swedish media questioning his leadership and
pay, particularly after weak quarterly results in April sent its share price
down 15 per cent in a single day.
The CEO's departure comes days after the company
reported that like-for-like sales had declined for a seventh consecutive
quarter.
AWARDS
AND HONORS
1) Indian calligrapher Muqtar Ahmed wins top prize at Cairo
International Festival
Muqtar Ahmed, an Indian Arabic calligrapher, has won
one of the top prizes at the Cairo International Festival for Arabic
Calligraphy.
The Bengaluru-based calligrapher’s work was selected
for second prize from among 700 works by 115 participating artists from 15 Arab
and other countries.
The works that reflected the beauty of Arabic
calligraphy were displayed at the Art Gallery of the Cairo Opera House, the
venue of the eight-day festival which concluded on Sunday.
2) Kanyakumari — first woman violinist to get Sangita
Kalanidhi award
Kanyakumari,
an outstanding and versatile violinist, will get the Sangita Kalanidhi award of
the Music Academy this year.
With this, she becomes first female violinist chosen
in the history of this prestigious award. The award will be conferred on her at
the 'sadas' on January 1, 2017.
She will also preside over the 90th annual
conference of the Music Academy scheduled from December 15, 2016 to January 1,
2017.
SCIENCE
AND TECHNOLOGY
1) A type of Culex mosquito can also transmit Zika
Brazilian
scientists have identified another type of Zika-transmitting mosquito.
The public Brazilian laboratory Fundacion Oswaldo
Cruz (Fiocruz) announced that researchers found the presence of the Culex
quinquefasciatus mosquito infected by the Zika virus in three out of 80 groups
of mosquitoes analysed up until now.
The 80 groups were from the metropolitan area of
Recife, regional capital of Pernambuco in the northeast.
SPORTS
NEWS
1) India beat West Indies in 1st Test Match
India defeated West Indies in Antigu by an innings
and 92 runs in the first cricket Test match.
India has taken a 1-0 lead in the four-match series.
India notched up 566 for eight declared in their
first innings & then bowled out West Indies for 243 to take a lead of 323
runs.
Forced to follow-on, West Indies were bundled out
for 231 in their second innings.
The second test will begin on July 30.
2) Feliciano Lopez wins Swiss Open Gstaad
Spanish tennis player Feliciano Lopez won the Swiss
Open Gstaad after beating the Dutch Robin Haase in the final 6-4, 7-5 in 77
minutes here on Sunday.
Lopez finally managed to win the tournament after he
lost it a decade ago, while this is the Spaniard's first title on clay and his
fifth overall, reports Efe.
The Spaniard previously won the 2004 Vienna Open,
the 2010 Johannesburg Open and the Eatsbourne open in 2013 and 2014.
3) Lewis Hamilton overtakes Nico Rosberg in F1 title race
after Hungarian Grand Prix win
British
Formula One racing driver Lewis Hamilton won the Hungarian Grand Prix for
Mercedes to take the lead in the championship from team mate Nico Rosberg for
the first time this season.
Rosberg, who started on pole position but is now six
points behind the Briton after 11 of the 21 races, finished second with
Australian Daniel Ricciardo third for Red Bull.
4) Manavaditya Rathore wins bronze at Junior World Cup
Promising
Indian shooter Manavaditya Rathore won the trap bronze medal in the 'Champion of Champions'
match at the Junior World Cup in Porpetto, Italy.
While Manavaditya, son of Athens Olympics silver
medallist Rajyavardhan Singh Rathore, won the bronze in trap event, Anant
Naruka bagged a bronze in 'Champion of Champions'
OBITUARY
1) Last of India’s Progressive artists, Syed Haider Raza,
dies aged 94
Syed
Haider Raza, the last surviving member of the six modern artists who founded
the influential Bombay Progressive Artists’ Group in 1947, has died. He was 94.
Mourners gathered in the Mandla district of Madhya
Pradesh state on Sunday as Raza’s last rites were conducted in the village in
which he was born in 1922.
