PM Inaugurates African Development Bank’s 52nd Annual General Meeting

Prime Minister Narendra Modi has inaugurated the 52nd Annual General Meeting of the African Development Bank in Gandhinagar. The AGM will be held in from May 22-26. This is the first time that India is hosting the annual meetings of ..

Month: Current Affairs - May, 2017

Paytm Launches Payments Bank

Paytm has rolled out its Payments Bank operations by launching its first physical branch in Noida. With this launch, there are three payments bank operational in the country, the other two being Airtel Payments Bank Ltd and India Post Payments Bank ..

Month: Current Affairs - May, 2017

RBI to Reconstitute Oversight Committee to Tackle Bad Loans

The Reserve Bank of India is set to reconstitute Oversight Committee to operationalise the banking ordinance, which was recently cleared by the Union Cabinet to amend the Banking Regulation Act for the sake of giving more powers to Reserve Bank ..

Month: Current Affairs - May, 2017

Harsh Malhotra Committee on Scouts and Guides Submits Report to the Sports Ministry

A seven-member High-Level Committee on Scouts and Guides has submitted its Final Report to Minister for State (Independent Charge) for Youth Affairs & Sports, Vijay Goel with various recommendations. Salient Highlights The committee has suggested for the constitution of an Enquiry ..

Month: Current Affairs - May, 2017

NASA Names New Species After Abdul Kalam

NASA has named a new bacteria discovered on the filters of the International Space Station, ISS, as Solibacillus kalamii to honour the late president Dr A P J Abdul Kalam.  The genus is Solibacillus and the species name is kalamii. Researchers at the Jet Propulsion Laboratory has found ..

Month: Current Affairs - May, 2017

Madhya Pradesh bans Sand Excavation in Narmada River

The State Government of Madhya Pradesh has put an indefinite ban on the sand excavation in the Narmada River. This announcement has been made by Chief Minister Shivraj Singh Chouhan in Bhopal. The government has also set up a committee ..

Month: Current Affairs - May, 2017

Fact Box: Federation Cup and Other Football Tournaments & Leagues in India

On 21st May, 2017, the Bengaluru FC defeated Mohun Bagan 2-0 to win the Federation Cup. The final event was held in Barabati Stadium in Cuttack, Odisha. Federation Cup is India’s first major football competition involving the clubs. It was ..

Month: Current Affairs - May, 2017

Fact Box: 52nd Annual General Meeting of African Development Bank (AfDB)

The 52nd Annual General Meeting of African Development Bank (AfDB) is being held at Gandhinagar in Gujarat from May 22-26, 2017. This is for the first time that this meeting is being held in India. This meeting is expected to ..

Month: Current Affairs - May, 2017