Daily Current Affairs – 01 April 2015
- Today’s observed as April fool’s day.
- The Reserve Bank of India (RBI) imposed a monetary penalty of five lakh rupees on 16 Central Co-operative Banks (CCBs) under the provisions of Section 47(A) read with Section 46 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for non-adherence to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards. The penalty was imposed for inconstancy of the Anti-Money Laundering and Know Your Customer (KYC) guidelines. The banks on which the penalty was imposed are :
a) Ajmer Central Co-operative Bank Ltd., Ajmer (Rajasthan)
b) Bundi Central Co-operative Bank Ltd., Bundi (Rajasthan)
c) Boudh Co-operative Central Bank Ltd., (Odisha)
d) Bhawanipatna Central Co-operative Bank, (Odisha)
e) Central Co-operative Bank Ltd., Bikaner (Rajasthan)
f) Cuttack Central Co-operative Bank Ltd., (Odisha)
g) Dumka Central Co-operative Bank Ltd., Dumka (Jharkhand)
h) Dhanbad Central Co-operative Bank Ltd., (Jharkhand)
i) Gumla Simdega Central Co-operative Bank Ltd., (Jharkhand)
j) Gopalganj Central Co-operative Bank Ltd., Gopalganj (Bihar)
k) Hanumangarh Kendriya Sahakari Bank Ltd., (Rajasthan)
l) Jind Central Co-operative Bank Ltd., (Haryana)
m) Mansa Central Co-operative Bank Ltd., Mansa (Punjab)
n) Rewari Central Co-operative Bank Ltd., Rewari (Haryana)
o) Sirohi Central Co-operative Bank Ltd., Sirohi (Rajasthan)
p) Sambalpur District Co-operative Central Bank Ltd., (Odisha)
- Government today raised import tariff value on gold to $385 per 10 grams and silver to $543 per kg, taking cues from firm global price trends.
- Insurance Australia Group Ltd (IAG) announced that it will raise its stake in SBI General Insurance (SBIGI) from 26% to 49%. SBI General Insurance is a joint venture between the IAG of Australia and State Bank of India. IAG decided to increase its stake in SBIGI. The bill pursues to increase foreign investment limit in local insurers to 49% from 26%.
- Government today announced through Nirmala Sitharaman (Commerce Minister) as New Foreign Trade Policy (FTP) 2015-20 with objective to boost exports and create jobs. Its aim to nearly double India’s exports of goods and services to $900 billion by 2020. This FTP will introduce Merchandise Exports from India Scheme (MEIS) and Services Exports from India Scheme (SEIS) to boost outward shipments.
- The Special Financial Support (SFS) is in tune with the section 94(3) of the Andhra Pradesh Reorganization Act, 2014 which mandates the Union Government to extend financial support to Andhra Pradesh to construct essential infrastructure including Raj Bhawan, High Court, Government Secretariat, Legislative Assembly and Legislative Council. 1500 crore rupees allotted to Andhra Pradesh (AP) for the construction of necessary infrastructure in the new capital by Union Ministry of finance. Out of the 1500 crore rupees sanctioned 1000 crore rupees are meant for essential amenities and 500 crore rupees for administrative buildings.
- Gulshan Rai has been appointed as India’s first cyber security chief under the Prime Minister’s Office (PMO). In March 2015, Prime Minister Narendra Modi had created this new post in PMO and had appointed Rai as its head.
- Punjab Education Minister Dr. Daljeet Singh Cheema has launched a special mission, ‘Padho Punjab-Khedo Punjab Mission’, (Learn Punjab-Play Punjab Mission) to provide school students a separate period for playing along with studies.
- Muhammadu Buhari has won the Presidential election in Nigeria. He became the first opposition candidate to win the election.
- China and Sri Lanka signed five agreements in Beijing during the maiden visit to China after assuming the office in January 2015. These are related to cooperation for special aid in public health, development of water treatment methods and technologies in kidney disease affected areas, research and development of the coconut industry and refurbishment of the Superior Courts Complex in Sri Lanka.
- The Intel Center’s announced Top 10 Most Dangerous Countries’ list which are as follows with their ranks:
- Myanmar Government and 16 ethnic rebel groups signed cease-fire agreement. The aim of the draft is to end more than 65 years of civil unrest and armed conflict in the country. The agreement was signed after seven rounds of meetings since 2013, accorded at resolving four points of dispute. Now the mediator from the armed rebel groups will confer with their leaders before giving final approval to the draft. These include amongst others
a) Recruitment by the armed groups should come to a halt.
b) Armed rebel groups’ territory and status were confirmed.
c) The nature and configuration of the political dialogue.
- New Zealand fast bowler Kyle Mills has announced his retirement from all cricket.
- International Cricket Council (ICC) President, Mustafa Kamal has resigned from his post today.
- Sania Mirza and her Swiss partner Martina Hingis enter the women’s doubles semi-finals of the Miami Open Tennis.
- Misao Okawa, The World’s Oldest Person, died today, nearly a month after celebrating her 117th birthday.