Here is the 18th June 2015 Latest Current Affairs of Bank Jobs

International Affairs

Union Cabinet gives nod to the introduction of Bureau of Indian Standards Bill 2015

  • The Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the introduction of Bureau of Indian Standards Bill, 2015 next session of Parliament.
  • The Bureau hold office for a board of directors composed of the president and other members.
  • Compulsory certification regime: Empower Government to align the mandatory certification system for products, processes or services it deems necessary.
  • Conformity assessment of simplified systems: To enable ease of doing business, the bill allows multiple types of simplified assessment programs. It includes self-declaration of conformity (DCF) against any standard that will give more simplified options for manufacturers.
  • Mandatory punching : provisions for compulsory hallmarking of precious metals. Strengthen criminal laws: It will help for better and effective compliance of the law and to allow composition of offenses for violations.

Orissa State Co-op Bank launches Bank on wheels

Directly involving the Odisha State Cooperative Bank will launch the “mobile bank” to help farmers in getting loans at their door. Twenty trucks with ATM moving around 20 isolated and tribal pockets in Keonjhar, Koraput, Kalahandi, Mayurbhanj, Sambalpur and Sundargarh districts in order.

  • The Centre provided Rs 6 crore at the rate of Rs 30 lakh for each vehicle, at the Department of Agriculture for the plan under Rashtriya Krishi Bikas Yojana.
  • Any person can withdraw money from automatic teller machines moving if the plan is for farmers

Union Cabinet approves solar target of 1 MW capacity JNNSM lakh in 2022

  • Union Cabinet approved the increase solar target India power capacity under the National Solar Mission Nehru (JNNSM) Jawaharlal 1 Lakh Mega Watt (MW) by 2022.
  • 1 Lakh Mega Watt (MW) mainly include target of 40,000 MW and 60,000 MW roof through large and medium Connected Grid Solar Power Projects.
  • After meeting this ambitious target, India will become one of the largest producers of green energy in the world than many developed countries.
  • These projects will contribute to the generation of an additional capacity of 2,000 MW of solar power projects connected to the network and create employment for about 12 000 people in rural and urban areas. It will also help reduce about 3.41 million tonnes (Mt) of carbon emissions into the environment every year open.

Union Government decided to increase the number of working days under MGNREGA in areas affected by drought

  • The Government of the Union 17 June 2015 decided to increase the number of working days under Act Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) from 100 to 150 days in areas of the affected countries by drought.
  • The decision to increase the days of wages in areas affected by drought was taken as the government expects an increase in demand for employment based on wages due to the drought affecting the regular agricultural activities in some areas.
  • Earlier in February 2014, the previous government led by Prime Minister Manmohan Singh, the number of working days under MNREGA has been increased from 100 days to 150 days for the tribal areas who received land rights under the Forest Rights Act, 2006.

CEA-led committee to suggest the GST rate, may report in two months

  • A committee chaired by the Chief Economic Advisor (CEA) will recommend possible rate of tax on goods and services (GST), which should be introduced from 1 April next year.
  • The establishment of two committees to facilitate the implementation of the new system of indirect taxation. The other will be a steering committee under the co-chairmanship of Additional Secretary in the Ministry of Revenue and Member Secretary, Empowered Committee of State Finance Ministers.
  • CEA-led committee will recommend possible tax rates under the GST that would be compatible with the current level of revenue collection of the Centre and states.
  • While making recommendations, the Committee will consider the expected levels of economic growth, different levels of compliance and broadening the tax base under the GST. The Committee would also analyze the impact of sector-wise and State-wise GST on the economy.

Op DOGA ‘to secure Yoga Day event

  • Foolproof security arrangements made at the place of the International Yoga Day event on Rajpath this weekend have been dubbed “Operation DOGA” – a combination of words, the dog and Yoga – in line with the scale the deployment of security dogs for the purpose.
  • As the place around India Gate, Rajpath will be visited by nearly 40,000 people, including Prime Minister Narendra Modi on Sunday, its peripheries and core areas have already been submitted to security controls to an undetermined number of soldiers canine.
  • The ITBP, designated as the “center of excellence” national police sniffer dogs and training, employment has a special breed of Belgian Shepherd, “Malinois”, which gained prominence worldwide after that they would have participated in the strike US Navy SEAL commandos on the leader of Al Qaeda leader Osama bin Laden.


Zephine Beno became the first 100% blind officer in IFS

  • The 25-year-old from Chennai was informed by the Ministry of External Affairs on Friday it was inducted into the Indian Foreign Service, the first 100 percent visually challenged to gain entry into the 69-year -old service.
  • Former diplomats welcomed the decision to allow 100 percent of visually impaired persons in the service.
  • She worked as a probation officer for the Bank of the State of India.

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