Here is the 1st July 2015 Latest Current Affairs of Bank Jobs

National Affairs

Digital India huge opportunity for health, education: Anil Agarwal

Digital India car of Prime Minister Narendra Modi will open huge opportunities for health and education in rural areas, creating many jobs.

  • The initiative aims to provide digitally all the essential services to citizens and to transform India into a society and economy of digital knowledge empowered by pulling the computer’s party.
  • Agarwal, who heads the mining giant Vedanta Resources Plc, is the non-executive chairman of Sterlite Technologies Ltd which is majorly involved in the laying of the fiber optic network to connect 5 lakh gram panchaats.
  • It undertakes Fiber-to-the-Home (FTTH) deployment in India to enable broadband connectivity to high-speed transmission and is developing several infrastructure projects covering more than 5000 Kms circuit across India.

International Affairs

The World Bank approves $ 650 mn loan for eastern freight corridor

  • The World Bank announced Wednesday that it had authorized a loan of $ 650 million for a huge Indian freight rail corridor which will cover 1840 km (1140 miles) through the heart of the north.
  • Construction of the Dedicated Freight Corridor East will speed up the transport of goods between Ludhiana in the Western Region and Kolkata in the east, and is part of a series of new World Bank freight lines says India needs to ease congestion on its network.
  • The loan is the third of the World Bank to help finance the freight corridor. Last year, the bank has approved an expenditure 1.1 billion and $ 2 011 975 million.
  • The government of Prime Minister Narendra Modi, banking big investment in infrastructure to stimulate the economy, has approved a plan to invest $ 137 billion for railways in February.

BHEL commissions Sudan largest energy project

Said state-owned power equipment maker Bhel today, he commanded the largest central Sudan.

  • Bhel has run this project on the engineering, procurement and construction (EPC) basis. He has designed, manufactured, supplied and installed the complete power project (4 units of 125 MW each) including associated civil works.
  • The project uses the crude oil of South Sudan as a fuel, for which Bhel has designed special boilers. All major equipment for the project – boilers, steam turbines, generators, Controls & Instrumentation (C & I) transformers – were manufactured in-house.
  • The company also built a River Canal White Nile to provide water for the project. The project is financed by the line of India’s 350 million USD credit.
  • The plant is the largest power station in Kosti fuel Bhel in the foreign market. It is also the first crude oil from thermal power Bhel in Africa and comes on the heels of the success of 28 MW Hydro Project Nyaborango Bhel in Rwanda.

SBI partners with MakeMyTrip for biz travel

  • In its series of digital initiatives and tie-ups, State Bank of India, the largest bank of the country, in partnership with the online travel company to capitalize on the business opportunities of e-commerce and m-commerce ecosystem thriving.
  • The alliance includes partnership with unity of personal banking services for consumers facing proposals – including the purchase of EMI on vacation and international travel, customized travel products such as Forex maps and tourist products that inspire customers SBI travel.
  • It also includes a partnership with SMEs & Business acquisition – TEM providers, such as 2-3 star hotels, franchisees, business partners and will have access to travel products SBI, loans, bank guarantees, payment instruments PDS at preferential rates and partnership with maps for the promotion of the use of cards that will help advance the agenda of a cash less economy.
  • MakeMyTrip constitutes about 46% of reservations in the online space and plenty of work product is made in the ecosystem of the travel industry $ 22-23000000000.

Shimla Rs 643 Cr water scheme approved for financing from the World Bank

  • Chief Minister Virbhadra Singh here revealed that a Rs 643 crore project to increase the water supply of the city growing mountain had been approved by the Union Government.
  • The project received the union finance ministry nod yesterday (06/29/2015) and it would be placed before the World Bank for funding, said a spokesman of the government. PC Dhiman, additional chief secretary, on behalf of the State attended the meeting.
  • The loan component of Rs 514 crore would be and the state government would contribute Rs 129 crore for the project financing.
  • The new project is to lift water from the Kol Dam reservoir on the Sutlej river and it would meet the water needs of Shimla municipal corporation and suburban areas under the Special Management Area.

The railway minister Suresh Prabhu inaugurates integrated security system in Mumbai

  • Railway Minister Suresh Prabhu Union inaugurated the Integrated Security System (ISS) at 6 railway stations in Mumbai, Maharashtra. The system was inaugurated Chhatrapati Shivaji Terminus (CST), Dadar, Kurla Lokmanya Tilak Terminus and (LTT), Kalyan and Thane.
  • The ISS is advanced security systems, designed to improve safety on the railway premises and to ensure personal safety and to prevent terrorist attacks in extreme cases. The system has a total of 118 CCTV cameras. They will beam live images of the stations under its coverage on six monitors.
  • In the first part of the project which was completed in June 2015, looked at four stations CST, Dadar, Kurla and LTT.
  • It is anticipated that the second phase should be completed by December 2016. Apart from that, he also inaugurated a modified foot on the bridge (FOB) to facilitate the movement of passengers Diva.

Matti Makkonen, Father of SMS technology dies

  • Finnish telecom engineer and father Messaging Service (SMS) Matti Makkonen technology passed away after a serious illness.
  • He was 63. In 1984, he launched the idea of ​​sending messages via mobile networks, but not succeeded in patenting was just idea and has not been effective implementation.
  • Matti Makkonen was born April 16, 1952 in Suomussalmi, Finland. He received his degree in electrical engineering from the Technical University Oulu in 1976.
  • He had served as vice president of PTL and was actively involved in the development of GSM technology from 1984 to 1988. In 1989, he was appointed president of the mobile communications unit, which was later renamed Telecom Finland.
  • it received the Innovation Award from The Economist in the category of IT and telecommunications.


Abhijeet Gupta won the chess championship 19th Commonwealth

  • Former junior champion of the world and Grandmaster Abhijeet Gupta won the 19th Commonwealth Chess Championship.
  • He won the gold medal after settling for a quick draw with his opponent Arghyadip Das in the ninth and final round played in Mumbai, Maharashtra.
  • In this chess championship, Arghyadip Das came second winning the silver medal and Mr. Lalith Babu won the bronze medal in the men’s section.
  • In the women’s section, Padmini Rout won the gold medal. While S and S Vijayalakshmi Meenakshi respectively won silver and bronze. In this championship as Vijayalakshmi and Meenakshi had won the last six games.

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