Here is the 4th June 2015 Latest Current Affairs of Bank Jobs

International Affairs

India, Belarus agree on the road map to strengthen ties

  • India and Belarus have decided to work together on defense and security issues as President Pranab Mukherjee met his Belarusian counterpart and agreed to a roadmap in 17 points to strengthen mutual trust and trust.
  • The President discussed a range of issues, including increased trade links, in addition to boost cooperation in mining, education and heavy machinery with Mr Lukashenko.
  • Under the agreement, the two countries will strengthen coordination of science and technology, energy, metals and mining, potash fertilizers, giving boost to the raw material in the textile sector, extending cooperation by Belarus in the modernization of public electric transport system in India, agriculture and agro procession.

India sign a legal agreement with the World Bank IBRD Loan of US $ 400 million

  • Loan and Project Agreements for World Bank (IBRD) assistance of $ 400 million for sustainable Tamil Nadu Urban Development Project were signed between Government of India / Tamil Nadu government and the World Bank.
  • The loan agreement was signed by Shri Raj Kumar, Assistant Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of Government of India and Mr. Onno Ruhl, Country Director, World Bank (India) in behalf of the World Bank.
  • The project objective is to improve urban services in participating urban local bodies (ULB) in a financially sustainable manner and drive improved urban management practices in selected cities.
  • The total size of the project is $ 600 million, on which the support of the World Bank is 400 million.

India, the United States of new defense framework agreement ink

  • India and the United States signed a new strategic importance 10-year part of the defense pact providing for the development and production of defense equipment and technology, including jet engines, designing aircraft carrier and joint construction.
  • The two sides also finalized two draft agreements for hi-tech mobile power source and the new generation of protective suits for chemical and biological warfare.
  • The framework also recognizes the transformative nature of the Initiative Technology and Trade of Defence (DTTI).

Former IB chief is the special envoy of the Prime Minister on against terrorism

  • The government appointed the former head of intelligence Asif Ibrahim to a key position in the Prime Minister’s Office.
  • Ibrahim, who retired in December 2014, will be “Special Envoy on the fight against terrorism and extremism,” the PM with a charter to liaise with governments in West Asia, N- Pak and Southeast Asia.
  • As Director IB, Ibrahim started working on a new strategy against the radicalization of the government in 2014, which was triggered by the takeover of parts of Islamic State of Iraq and Syria.

National Affairs

SBI associate merger proposal irritates the trade unions

  • Although management of the National Bank of India begins deliberating mergers of its banks associated with the parent, the employees’ union is planning a series of bank strikes to protest against such a move.
  • More than 50,000 employees were not working Thursday at about 6,000 bank branches of five banks SBI group as All SBI associate banks, the employee union, called a strike.
  • Until SBI merged State Bank of Surastra and State Bank of Indore in the next few years. Plans are on the anvil to follow the same process with the State Bank of Mysore, State Bank of Travancore, State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Patiala.

Jayalalithaa announces support for Cauvery delta farmers

  • Chief Minister of Tamil Nadu J Jayalalithaa on Thursday announced a Rs 41 crore financial assistance to farmers in the Cauvery delta region to improve kuruvai crop (cultivated in the short term).
  • The ‘kuruvai’ package announced by the government include financial assistance to farmers and free supply of micronutrients.
  • Agricultural machines will be leased to farmers free of cost. In addition, the three-phase power is provided for 12 hours a day for irrigation.
  • The groundwater level has increased significantly thanks to good rainfall. As such, encourage culture kuruvai a Rs height 40.97 crore assistance program will be extended to farmers.

India jumps six places in FIFA rankings

  • India has jumped six places to 141th position in the latest rankings published by world football governing body FIFA.
  • India has already been placed 147th in the list of rankings. Iran (41) is the highest ranked Asian team in the list, followed by Japan (52) and South Korea (58).
  • World Champions Germany continued to lead. Belgium jumped to second place, a place above the World Cup runners-up Argentina.
  • Five times world champions Brazil are the fifth, one place below Colombia. Brazil is followed by the Netherlands, Portugal (seventh), Uruguay (eighth), and France (ninth).

De Villiers crowned South African cricketer of the year

  • AB de Villiers won no fewer than five awards, including the South African cricketer year for the second consecutive time at a gala function organized by Cricket South Africa (CSA) in Johannesburg.
  • The 27-year-old drummer was named the year ODI cricket, cricket of the year, SA cricketer Fan of the Year and also won the ‘So Good Award “for scoring the fastest century in the history of cricket ODI against the West Indies in December 2014.
  • Morne van Wyk won the T20 cricket of the year, Dale Steyn took delivery of the year and Rilee Rossouw was named SA Newcomer of the Year.

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