CURRENT GK ENGLISH

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1.President of India inaugurates the 12th CII-Exim bank conclave on India Africa Project Partnership :-

President Pranab Mukherjee has inaugurated the two day 12th CII-EXIM Bank Conclave on India Africa Project Partnership on March 9, 2017 in New Delhi.The first conclave has held in 2005.

 

2.Government Issues Draft Rules For Digital Wallet Companies :-

The Ministry of Electronics and Information Technology has issued a draft rule titled Information Technology (Security of Prepaid Payment Instruments) Rules 2017 on March 8, 2017 for digital wallet firms like Paytm, FreeCharge and Mobikwik.

 

3.Paytm Withdraws Levying 2% fee on Recharging Wallet via Credit Card :-

Indian payment and commerce company Paytm has withdrawn the 2 percent fee on adding money to mobile wallets using credit cards on March 10, 2017, just two days after imposing the fees.

 

4.Ujjivan Small Finance Bank opens 6 new branches in Bengaluru :-

Ujjivan Small Finance Bank (Ujjivan SFB) has opened its six new branches at the Silicon Valley of India, Bengaluru on March 9, 2017 said by Samit Ghosh, MD & CEO, Ujjivan Small Finance Bank.

 

5.RBI Restricts Cash Loan Against Gold by NBFC to Rs 25,000 :-

The Reserve Bank of India has amended the provision for disbursement of loan by NBFC against the gold on March 9, 2017 in line with the provisions of the Income Tax Act.

 

6.Mohan Bhagwat Gets Honorary Degree of Doctor of Science :-

Rashtriya Swayamsevak Sangh (RSS) Chief Mohan Bhagwat was conferred with the honorary degree of Doctor of Science (DSc) by Maharashtra Animal and Fishery Sciences University on its 8th convocation ceremony in Nagpur on March 9, 2017.

 

7.IIT-M solar inverter system wins award :-

2017 IEEE Spectrum Technology in the Service of Society Award won by the Indian Institute of Technology-Madras(IIT-M) for its solar-direct current (DC) inverter system.

 

8.Donald Tusk re-elected as European Council president :-

Former Polish Prime Minister Donald Tusk was re-elected as the president of the European Council for the second time. He won the 27 votes out of 28 EU’s governments.

 

9.South Korea’s Parliament Vote Unanimously to Remove President Park Geun-hye :-

South Korea’s President Park Geun-hye has become the nation’s first democratically elected leader to be forced out from office over corruption charges.

 

10.Vishwanath Mahadeshwar elected Mumbai Mayor :-

Senior Shiv Sena leader Vishwanath Mahadeshwar has been elected as 76th mayor of Mumbai and Hemangi Waralikar as deputy mayor. He replaced Snehal Ambekar.

 

11.2017 National Safety Week (NSW) – March 4-10, 2017 :-

46th National Safety Week Campaign was commenced from 4th March 2017 to 10th March 2017 to renewing the commitment of employees and general public to work safely throughout the year.

 

12.Former Puducherry Minister M Chandrakasu passes away :-

Former Agriculture Minister of Puducherry M Chandrakasu was passed away in Chennai on March 9, 2017. He was 67.

 

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