Weekly Current Affairs (1st January to 7th January) – Bank Naukri

Weekly Current Affairs (1st January to 7th January) – Bank Naukri


Hello, I am Vijayalakshmi. Welcome to bank
naukri, the ideal place to prepare for bank exams. This video aims at providing you guys
a brief account of the important events in the week of 1st January and 7th January.
Let us take a look at the National News: Prime Minister Narendra Modi has said that
Senior citizens will get a fixed 8 per cent return on 10-year bank deposits of up to Rs.
7.5 lakh. (senior citizens to get a fixed 8 per cent return on 10-year bank deposits
of up to Rs. 7.5 lakh) India’s largest LNG importer Petronet has
signed an agreement to set up a $950 Mn LNG Project in Bangladesh (Petronet signs agreement
for LNG project in Bangladesh) Telangana and Assam sign an Memorandum of
Understanding to join the Ujwal Discom Assurance Yojna, the total number of states covered
under this scheme is 20. (telangana and Assam join UDAY)
The Election Commission of India has set limitation for the expenses per candidate for a campaign
at Rs 20-28 lakh for Assembly polls (EC sets limits for campaign expenses) PM Narendra Modi Released special commemorative
postage stamps on Prakash Parv in 350th birth anniversary of Guru Gobind Singh in Patna
(special postage stamps released) Wattan Ko Jano initiative, a programme that
aims to expose youth from J&K to vital development, came into light after around 240 youth aging
from 15 to 24 met with Prime Minister Narendra Modi. Moving on to the International News,
The Microsoft Founder Bill Gates has invested $ 140 million for the development of HIV preventing
implants (bill gates invested $ 140 million for the development of HIV preventing implants)
The Border Security Force is said to install Laser walls and smart sensors along the borders
of India and Bangladesh to keep a check on terrorism and infiltration. (BSF to install
laser walls along the Indo-Bangladesh border) India and Sri Lanka agreed to set Standard
Operating Procedures to solve the issues regarding fishermen in each other’s custody. (India
and Sri Lanka to set SOP to solve fishermen issues)
United Arab Emirates has seized the properties and assets of Dawood Ibrahim that were worth
up to Rs.15,000 crore. (UAE seizes Dawood Ibrahim’s assets worth up to Rs. 15000 crore) Let us now focus on the Banking news:
Foreign Direct Investment in India group up by 27% at $ 27.8 billion during April to October
this Fiscal. (FDI up by 27%) Barat Petroleum, Hindustan petroleum and many
other retailers are said to offer a discount of Rs.5 on online payment for an LPG Cylinder
refill. (Rs.5 discount on online payment for an LPG refill)
Munich Re group, a reinsurance company based on Munich, Germany, one of the lead reinsurers
in the world, is said to open a reinsurance branch office in Mumbai.
Solar power producer Azure Power commissioned Largest Solar Power Project (150MW) in Punjab,
the largest of such in North India. BANKING NEWS:
The Reserve Bank of India has extended the period of enhanced Prepaid Payment Instruments
limit of Rs. 20.000 in order to promote digital payments. (RBI extends PPI to promote digital
payments) Government has permitted 12 PSU banks to raise
nearly Rs 3,000 crore from the market to strengthen the capital base of Public Sector Banks, (Govt.
permits 12 PSU banks to raise nearly 3000 crore)
IDBI bank has announced a slash in interest rates by 40 basis points in one go.
Bank of Baroda has launched agriculture investment credit scheme in Rajasthan.
The reserve bank of India has asked banks to give priority to rural areas and to supply
at least 40% of the currency to the rural areas. (RBI asks banks to supply 40% of the
currency to the rural areas) APPOINTMENTS:
Air Marshal Anil Khosla took over as Air Officer Commanding-in-Chief Eastern Air Command (Air
Marshal Anil Khosla as Air Officer Commanding-in-Chief Eastern Air Command)
David R Syiemlieh has been appointed the new Union Public Service Commission chairman by
Mr. Pranab Mukherjee. The Reserve Bank of India (RBI) has appointed
Surekha Marandi as its Executive Director. (RBI appoints Surekha Marandi as its Executive
Director) AWARDS AND HONORS:
National Hydroelectric Power Corporation Chairman and Managing director Mr, K M Singh has been
honored with the Power & Energy Persona’s Award for Individual Excellence’ at the
10th ENERTIA Awards 2016 (NHPC MD Mr. K M Singh honored at the 10th ENERTIA Awards 2016
) Punjab State Power Corporation Limited (PSPCL)
has been awarded as “Best Performing Power Distribution Utility in Power Sector” by
Central Board of Irrigation & Power (CBIP). (PSPCL wins an award from CBIP)
SCIENCE AND TECHNOLOGY: Gujarat Chief Minister Mr. Vijay Rupani has
dedicated India’s first laser technology-based check post at Shamlaji of Aravali district.
(CM of Gujarat dedicates laser technology-based check post)
Union Shipping Minister Nitin Gadkari inaugurated the River Information System (RIS) to facilitate
safe and accurate navigation on National Waterway-1 (the Ganga River). (Mr. Gadkari inaugurates
the River Information System (RIS)) SPORTS NEWS:
Rafael Nadal defeated Belgian David Goffin to win the wins Mubadala Tennis Championships
2016 in Abu Dhabi Mahendra Singh Dhoni stepped down as the captain
of the T-20 and ODI formats of Cricket. (M.S. Dhoni steps down as the captain of the T-20
and ODI formats of Cricket) India’s Women’s football team defeated
Bangladesh to win the 2016 South Asian Football Federation Women’s Championship for the fourth
consecutive time. (wins the SAFF Women’s Championship) Thank you all for watching the video. To keep
yourself Updated with the current affairs, do come back every Monday. All you need to
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