Important Financial and Banking Affairs 1st April with PDF download

Hello friends, This is the Updates of Banking Affairs  1 April 2017. This will helpful for tackling Banking awareness section in SBI, IBPS, SSC, UPSC Exams.

1. Girl swims from Sea Link to Gateway

• Gauri Singhvi, 14-year-old girl became the first girl to explore the route from Sea Link near Worli Koliwada to the Gateway of India.
• She completed the 36 km long distance route in 6 hours and 30 minutes.
• Singh is a resident of Udaipur and a class 8th student. From her childhood, she started swimming and wanted to swim in the international channel, and therefore eyed the Arabian Sea.

2. Online Film Certification System

• Information and Broadcasting Minister M. Venkaiah Naidu launched the Online Film Certification System of the Central Board of Film Certification.
• He said the initiative was on the lines of Prime Minister Narendra Modi’s vision of ease-of-doing business and digital India, making the entire process transparent and efficient.
• The new system uses email, QR code and text messages for any updates.

3. Axis Bank ties up with Wells Fargo for US remittances

• Axis Bankhas tied up with Wells Fargo, the third largest American bank by assets, to offer real time remittances from the Indian diaspora to their relatives back home.
• Under the arrangement between the two banks, any member of the Indian diaspora with an account with the Wells Fargo will be able to transfer money to their relatives back home and there will be no transaction fee applicable to the money transfers from USA.

4. SC bans sale, registration of BS-III vehicles from April 1

• Drawing a strong line on environmental issues, the Supreme Court banned the sale and registration of Bharat Stage III (BS-III) vehicles from April 1, when BS-IV emission norms will come into force across the country.
• In a major setback to automobile manufacturers+ , a bench of Justices Madan B Lokur and Deepak Gupta decided to take the “drastic” step, saying that BS-III vehicles could aggravate the already deteriorating air quality in the country and such a step was needed to handle the menace of pollution.

5. Kanha tiger reserve gets official mascot

• Kanha has become the first tiger reserve in India to officially introduce a mascot — Bhoorsingh the Barasingha, a swamp deer.
• The Kanha tiger reserve, spread over Mandla and Balaghat districts, is the only place in the world where the species exists.
• The mascot aims to present the hard ground swamp deer as the spirit of the reserve and spread awareness to save it from possible extinction.

6. Indian Neutrino Observatory

• The Government intends to set up the India-based Neutrino Observatory in West Bodi Hills, Theni District of Tamil Nadu.
• The project is awaiting a clearance from the Tamil Nadu Pollution Control Board.
• The project is held up because of the long overdue Tamil Nadu Pollution Control Board clearance. Presently the TNPCB has formed a committee of experts to advise it for further course of action.

7. NASA-ISRO to work on NISAR

• ISRO & NASA are jointly working on the development of Dual Frequency Synthetic Aperture Radar Imaging Satellite named as NASA-ISRO Synthetic Aperture Radar.
• The data obtained from this satellite will be useful for a variety of application, which include natural resources mapping and monitoring etc.
• The data obtained is not meant for building climate resilience.

8. SpaceX launches first recycled rocket

• SpaceX has launched its first recycled rocket, the biggest leap yet in its bid to drive down costs and speed up flights.
• The Falcon 9 blasted off from Florida’s Kennedy Space Center hoisting a broadcasting satellite into the early evening clear sky on the historic rocket reflight.
• It was the first time SpaceX founder tried to fly a booster that soared before on an orbital mission.

9. 10 percent import duty on wheat

• Since Dec 8, there was “zero percent import duty’ on wheat and big corporate houses imported huge amount of wheat from Australia, Ukraine and other countries.
• Ahead of wheat harvesting season and expected bumper crop, the central govt has imposed a 10% import duty on wheat after a gap of nearly four months.
• Farmers said reinstatement of a 10% import duty, against their expectations of 25%.

10. Messi banned from next four matches

• Argentina forward Lionel Messi has been banned from their next 4 competitive internationals starting with the World Cup’s qualifier in Bolivia for swearing at a match official.
• Five- times world player of the year will play in only one of Argentina’s remaining five World Cup qualifiers.
• FIFA said Messi had directed insulting words at an assistant referee during the 1-0 win over Chile.

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