Current Affairs : 24 July 2016

Corporation Bank launches ‘Green PIN’ facility

Corporation Bank has launched a new facility called ‘Green PIN’.
  • This is an online module for generation of Personal Identification Number (PIN) for credit card holders. The facility enables credit card users to generate PIN online.

HDFC ERGO enters into bancassurance tie-up with SVC Bank

HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank have announced their bancassurance agency partnership to provide range of non-life insurance offerings to the customers of the bank.
  • The partnership combines HDFC ERGO’s experience in introducing innovative non-life insurance products with SVC Bank’s customer base across various States.

RBI to monitor banks on customer rights

Reserve Bank of India (RBI) will shortly start monitoring banks on issues relating to customer rights in five broad areas.
  • According to RBI Executive Director U S Paliwal the areas on which the regulator will be conducting surveys and supervision at various banks are right to privacy, right to fair treatment & transparency, fair and honest dealing, right to suitability and right to grievance redress & compensation.

Ganesh Singh appointed as Head of JPC for Land Acquisition Bill

BJP Lok Sabha member Ganesh Singh has been appointed the new Chairperson of the Joint Committee of Parliament examining the Land Acquisition Bill .
  • He will replaced S S Ahluwalia, who became Minister of the State for Parliamentary Affairs in reshuffle of the council of ministers.

Legendary artist Syed Haider Raza passes away

Legendary modern Indian artist Syed Haider Raza (94-year) passed away in New Delhi following a prolonged illness.
  • He is an internationally acclaimed painter and was also honoured with the Padma Shri.

India ranks 110th on Sustainable Development index

India has been ranked a low 110th out of 149 countries on Sustainable Development index (SDI).
  • The index is topped by the Sweden followed by Denmark and Norway on the top three performing countries respectively.
  • The aim of creating this index is to provide a report card for tracking Sustainable Development Goals progress and ensuring accountability.

Film festival on Mother Teresa in India and abroad

The Mother Teresa International Film Festival (MTIFF) focusing on Mother Teresa’s life and teachings is going to be held at over 100 locations in India and around 50 other countries.
  • The festival will be kicked off from Kolkata on August 26 after which it will travel all over the world for the next six months.

Startup India States Conference held

The department of Industrial Policy and Promotion (DIPP) has organized a day-long conference on Startup India in New Delhi.
  • The conference has presided over by commerce minister Nirmala Sitharaman.

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