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2 Weekly One Liner Updates 15 th 21 st July 2017 Dear readers, Weekly One Liner Updates is a collection of important news and events that occurred in the third week (15 th 21 st ) of July This file is important for, Banking interviews and all upcoming Banking & Insurance exams. Banking & Financial Awareness 1. The bank has launched a facility whereby its existing salaried customers can avail personal loans at ATMs ICICI Bank. Customers can get pre-qualified personal loans up to 15 lakhs in their savings account instantly for a fixed tenure of 60 months. The facility offers a bouquet of features, swift application in simple steps, multiple eligible loan amount options up to Rs.15 lakh based on pre-checked CIBIL scores and instant transfer of the money to the customer s account. 2. The union govt. has relaxed norms in over a dozen sectors, including defence, civil aviation, construction and development, private security agencies, real estate and news broadcasting Foreign direct investment (FDI). The government is relaxing norms to provide investor friendly climate to foreign players and in turn attract more FDI to boost economic growth and create jobs. Foreign direct investment in the country grew by 9% to USD billion in The bank will slash charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions by up to 75% to encourage more customers to transact digitally State Bank of India (SBI). Earlier, SBI has waived charges for fund transfer of up to Rs 1,000 done through Immediate Payment Service (IMPS). 4. According to the Asian Development Bank supplement report, India is expected to achieve the projected growth rate in %. South Asia will be the fastest growing of all sub-regions in Asia and the Pacific, with growth on track to meet original projections of 7% in 2017 and 7.2% in All India Radio (AIR) has earned a revenue through the Prime Minister s Mann Ki Baat Programme in the last two years Around Rs.10 crore The revenue from this programme increased substantially during the year The Mann Ki Baat Programme is being broadcast in 18 languages and 33 dialects by all AIR stations. 6. The Union Cabinet has cleared hike in salaries for public sector company employees 15%. The Cabinet approved implementation of the recommendations of the 3rd Pay Commission for central publicsector enterprises' employees. The new wages are effective from 1st of January this year. 7. The bank has launched a one-stop integrated website 'SBI Realty' for home buyers State Bank of India (SBI) Customer will choose their dream home from 3,000 SBI approved projects spread across 13 states and Union Territories covering 30 cities including metros, semi metro and towns. The website is developed by SBICAP Securities in association with PropEquity in terms of data support, project information. 2 P a g e
3 8. The commercial arm of ISRO Antrix Corporation Limited (Antrix) has earned foreign exchange through launching of 29 Nano satellites from 14 foreign countries 6.1 million Euro. ISRO has taken measures to protect its operational satellites from space debris by carrying out collision avoidance studies for all launch vehicles of ISRO to clear lift off time. The Cartosat2 series satellite provides high resolution images of earth s surface at sub-meter resolution. Obituaries 1. The Oscar-winning American film and television actor passed away at UCLA Medical Center due to unexpected complications during a short hospitalization Martin Landau. He won his Academy Award (Oscars) for his poignant portrayal of washed-up Bela Lugosi in 1994 s Tim Burton s Ed Wood. 2. The former Chief Minister of Sikkim has passed away in New Delhi, Nar Bahadur Bhandari Mr. Bhandari was the founder leader of Sikkim Sangram Parishad had governed Sikkim from 1979 to An Iranian- born mathematician who was the first woman to win the coveted Fields Medal passed away Maryam Mirzakhani. Mirzakhani, a professor at Stanford University in California won the Fields Medal, the equivalent of the Nobel Prize for Mathematics in P a g e New Appointments 1. Who has been appointed MD & CEO of Oriental Bank of Commerce Mukesh Kumar Jain. He has replaced Animesh Chauhan. Slogan of Oriental Bank of Commerce is 'Where every individual is committed'. 2. US President Donald Trump has nominated next secretary of the Army Mark Esper. Esper has been the top lobbyist for major defence contractor Raytheon since He also has experience working in the House and Senate, at the Pentagon and at the Heritage Foundation, a conservative think tank. 3. Indian-origin personality has been appointed as the UNICEF s Global Goodwill Ambassador Lilly Singh. She will use her channel to showcase the organisation s work and urge millions of her followers to work for children s rights. 4. The governing body of Ramakrishna Mission unanimously elected the 16th president of Ramakrishna Math and Mission Swami Smarananandaji Maharaj. He will succeed Swami Atmasthanandaji Maharaj who passed away in June this year. 5. Who has been appointed as the Chief Minister of Nagaland TR Zeliang. Zeliang staked claim to form government in Nagaland with a majority support of 47 members of the Legislative Assembly. 6. Who has taken additional charge of Ministry of Information and Broadcasting (I&B) _ Textiles minister Smriti Irani. 7. The govt. has announced that Union Minister for Rural Development Narendra Singh Tomar will serve as the new Urban Development Minister. 8. Nepal s acting Chief Justice has sworn in as the Chief Justice Gopal Prasad Parajuli
4 Earlier, the Parliamenary Hearing Special Committee (PHSC) of the Legislature-Parliament unanimously approved the name of Parajuli for the post of Chief Justice. Honour & Awards 1. Veteran Bharatiya Janata Party (BJP) leader has received the Lifetime Achievement Award for his contributions as a Lok Sabha member LK Advani. 2. JD(U) leader has also received the Lifetime Achievement Award as a Rajya Sabha MP Sharad Yadav. The award was given by the Vice President Hamid Ansari at a function organised by the Lokmat Media Group to honour distinguished Lok Sabha and Rajya Sabha members in New Delhi. 3. Bollywood movie has won the best film award at 18th IIFA Awards 2017 Neerja. Neerja is a 2016 Indian Hindi-language biographical thriller film directed by Ram Madhvani and written by Saiwyn Quadras and Sanyuktha Chawla Shaikh. 4. Internationally-acclaimed senior kathak dancer has been conferred with a fellowship by the Department of Culture, Government of India (GoI) Nandakishore Kapote. Kapote will carry out a detailed study on Hand Gestures and Kathak Dance in Abhinaydarpan 5. Bollywood actress has won the 2017 IIFA Women of the Year award Tapsee Pannu She has won the 2017 IIFA Woman of The Year for her role in Pink at the 18th edition of the International Indian Film Academy (IIFA) Awards in New York City, United States. 4 P a g e Important News India 1. The union minister Arun Jaitley has launched a new pension scheme for the senior citizens in new Delhi Pradhan Mantri Vaya Vandana Yojana. The scheme provides an assured return of 8% per annum payable monthly for 10 years and exempted from Service Tax or GST. The scheme can be purchased offline as well as online through Life Insurance Corporation of India(LIC). The PMVVY scheme will be available till 3rd May, The first solar-powered 1600 HP DEMU train in India has launched from the station Safdarjung railway station. 3. The ministry will launch a new sub-scheme Aajeevika Grameen Express Yojana (AGEY) under the Deendayal Antyodaya Yojana The Union Rural Development ministry. The AGEY aims to provide an alternative source of livelihoods to members of Self Help Groups (SHGs) under DAY- NRLM by facilitating them to operate public transport services in backward rural areas. The sub-scheme will provide safe, affordable and community monitored rural transport services like e-rickshaws, 3 and 4wheeler motorised transport vehicles to connect remote villages. 4. The Indian Railways has launched an integrated mobile application to cater various passenger requirements SAARTHI. The Rail SAARTHI (synergised advanced application rail travel help and information) such as safety for women, complaint facility and suggestion for improvement. 5. The 5th North East Connectivity Summit will be held in the state Arunachal Pradesh. The summit organised by the FICCI is one of the most important forums for action oriented deliberations on subregional economic integration and connectivity between North East India and South-East Asia. The 4th North East Connectivity Summit will be held in Nagaland in September 2017.
5 6. Who has released the National Trade Facilitation Action Plan (NTFAP) in New Delhi Arun Jaitley. The WTO-Trade Facilitation Agreement (TFA) was a major milestone for the global trading system and all actions covered under the plan have been categorised by prioritising the activities into short, mid, and long term. 7. The Unique Identification Authority of India (UIDAI) has launched the mobile app for syncing Aadhaar data on the mobile phone maadhaar app. Once you register in maadhar app, your Aadhaar card profile including phone number, address and other details get stored on the app. 8. Who rolled out the country s first Bio-CNG (bio-methane) bus at a bio-energy programme, Urja Utsav Tata Motors. The use of Bio-CNG will contribute in a positive manner to the Smart Cities proposition of keeping them clean. The bio-methane engines could be used in LCV, ICV and MCV buses. 9. The railway station has become the India s first station to run by all women staff Matunga railway station. 10. The science & technology ministry has launched a low-cost indigenously developed hearing screening device for newborns Sohum. The Sohum uses brain-stem auditory evoked response technology which is recommended as best screening choice. SOHUM, has been developed by School of International Biodesign (SIB), a startup M/S Sohum Innovation Labs India Pvt. Ltd. 11. The Union Government has approved climate change projects for three states under National Adaptation Fund for Climate Change (NAFCC) Rajasthan, Gujarat and Sikkim. 12. The United Nations Peacekeeping Course for African Partners (UNPCAP-02) 2017 has started in the city New Delhi. 5 P a g e States News 1. The state govt. will set up 60 new primary Health Centers in the rural areas of the state Gujarat Government. This expansion of existing primary health centre networks will benefit the rural population of the state. The State government has given approval to 60 more primary health centers (PHCs), which will take the total number of PHCs in Gujarat to The state govt. has decided to set up eight new Women Police Stations at sub-division level in the state Haryana Govt. These will be established at Assandh, Dadri, Hansi, Gohana, Manesar, Dabwali, Ballabgarh and Naraingarh and each Women Police Station would have a hundred percent lady police staff. 3. The state govt. has formed the Saputara Area Development Authority (SADA) for comprehensive development Dang district Gujarat govt. The authority will carry out planned development in 419-hectare area of Saputara for tourism purpose. The SADA will prepare maps and development plans considering the future requirements of next twenty-years. The plan will define land use, eco-conservation needs and other infrastructure. 4. Odisha CM has dedicated the state s longest road bridge to the nation named it after Netaji Subhas Chandra Bose. The 2.88 km bridge over the river Kathajodi will connect the Bhubaneswar with Cuttack and reduce the distance by 12 km. 5. Madhya Pradesh govt. has started a Yojana in 25 thousand schools of the state to encourage best works Shala Siddhi Prohatsan Yojana. The selection committee will forward applications of three primary and three middle schools for awards to the District Institute for Education and Training (DIET). The Yojana will help in encouraging teachers working in the government schools by recognizing their best works. 6. The metro city will host global business meet in November 2017 Kolkata.
6 The Indian Chamber of Commerce (ICC) in association with the West Bengal Government will host a Global Business meeting Horasis Asia Meeting in November this year. It will focus on sustainable business practices in various areas, including power and energy. Over 500 delegates from over 65 countries will attend the event. 7. The state govt. has organized first ever weekly cultural programme Cultrue of Cruise' at Dal Lake to bring artists from various fields on one stage Jammu and Kashmir (J-K). In the festival, the organisers would hold regular interactions with cross sections of the society and tourists who visit 8. The state government has launched Janahitha to receive complaints from public through a special portal Telangana. Important News World 9. Recently, the US House of Representatives has passed a bill that proposes to advance defence cooperation with India. The amendment passed by the House requires the Secretary of Defence, in consultation with the Secretary of State, to develop a strategy for advancing defence cooperation 10. The country will introduce a new procedure for officials visiting the country to meet political representatives and prisoners Sri Lankan. The move comes as government is unhappy with the outcome of the visit by UN Special Rapporteur on Human Rights and Counter-terrorism. 11. The Navy has tested the world's first-ever active laser weapons system (LaWS) which is now deployed and ready for war United States Navy. The system has special materials that release photons and at the speed of light, it silently hits an object, burning it to a temperature of thousands of degrees. Each strike travels 50,000 times the speed of an incoming ICBM. Its cost per use is also quite impressive for such a revolutionary new weapon: approximately USD 1 per shot. 12. Tri-Nation navies concluded the eight days 'Malabar Naval Exercise' aimed at achieving deeper military ties between the three nations near Chennai in Bay of Bengal US, Japanese and Indian The naval exercise featured 95 aircraft, 16 ships and two sub marines. Aim of exercise is to Increase interoperability amongst the three navies and develop common understanding of procedures for Maritime Security Operations. 13. The country to host the 2022 World Short Course Swimming Championships Russia. The International Swimming Federation (FINA) has selected the Russian city to host the 2022 World Short Course Swimming Championships. Important Day 1. The World Youth Skills Day is observed globally every year on 15th July. The theme of 2017 is "Skills for the Future of Work". In 2014, The United Nations General Assembly (UNGA) had established World Youth Skills Day to raise awareness about the importance of investing in youth skills development. 2. The 2017 World Day for International Justice (WDIJ) is observed on 17th July. 3. Nelson Mandela International Day celebrated every year in honour of Mandela's birthday on 18th July. The day is observed annually with the slogan Take Action! Inspire Change. In November 2009, the UN General Assembly declared 18th July as "Nelson Mandela International Day" in recognition of the former South African President s contribution to the culture of peace and freedom. 6 P a g e
7 Sports News 1. Who has won the gold at World Para Athletics Championships Sundar Singh Gurjar. Indian athlete Surendra Singh Gurjar has won the gold in the men's javelin throw event (In the F46 category) at the 2017 World Para Athletics Championships in London (UK). The 2017 World Para Athletics Championships is a track and field meet for athletes with disabilities, governed by the International Paralympic Committee, being held at Olympic Stadium in London. 2. Athletics Federation of India (AFI) has provisionally suspended Indian shot putter after she tested positive for banned substances for the second time Manpreet Kaur. The test was conducted by National Anti-Doping Officials during the Federation Cup National Championships held in Patiala from 1st - 4th June. Manpreet's urine sample 'A' collected during the first leg of the Asian Grand Prix at Jinhua(China) has been found to have stimulant Dimethylbutylamine in it 3. The Board of Control for Cricket in India (BCCI) has appointed the Indian Cricket team's bowling coach Bharat Arun. Bharat Arun coaching career started with Tamil Nadu in 2002, where he continued to work for four years and led the team into the finals of Ranji Trophy twice, in 2003 and 2004 respectively. Later, Arun became the chief bowling coach at the National Cricket Academy in Who bagged the under-15 (boys & girls) titles in the Dutch Open Junior Squash Championship in Amsterdam, Netherlands Neel Joshi (boy) and Ananya Dabke (girl). 5. Who has won the first National Masters snooker tournament title in Chennai I H Manudev. Manudev defeated former Asian champion Alok Kumar 4-1 to win the National Masters Snooker s Title. 6. Who has won the Formula One British Grand Prix Lewis Hamilton. Lewis Carl Davidson Hamilton is a British Formula One racing driver who races for the Mercedes AMG Petronas team. The British Grand Prix is currently held at the Silverstone Circuit near the village of Silverstone in Northamptonshire in England. 7. India s professional squash player has won the Victorian Open squash tournament in Melbourne, Australia Harinder Pal Sandhu. He defeated top-seed Rex Hedrick (Australia) by 12-14, 11-3, Who has won the 2017 Wimbledon title in the men s single category Roger Federer. Federer defeated Marin Cilic (Croatia) by 6-3, 6-1, 6-4. It was Federer s record 8th Wimbledon title and overall 19th Grand Slam. 9. Who has won Wimbledon Women s singles title beating Venus Williams (United States) 7-5, 6-0 Garbine Muguruza. The 2017 Wimbledon Championships was a Grand Slam tennis tournament which took place at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom P a g e
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Sports activities and News round the year
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