November 7 2015 – Current Affairs Quick Gyan

UDAY may provide Rs 80,000 crore relief to struggling discoms

The state-run Ujwal Discom Assurance Yojna (UDAY) is likely to provide a relief to struggling state-owned discoms to the extent of Rs 80,000 crore per year till FY19. It would translate into a reduction in losses by around Rs 0.95 per unit on an all India basis.

CISF launches mobile app for jawans

CISF has launched a new mobile application, ‘m-Power’, for its soliders. It will enable them to check their pay-related queries and register grievances. an extended technology facility of the existing computer system facility for these men and women who guard some of the most vital installations in the country’s civil aviation, aerospace and nuclear power domain.

India in Shanghai’ Cultural Week inaugurated at Shanghai

An Indian culture week was inaugurated today at China-Shanghai International Arts Festival where India has been designated as a guest country for the first time. The India culture week called “India in Shanghai” was inaugurated by Indian Ambassador Ashok K Kantha along with Zhong Yanqun, Vice Chair of The Standing Committee of the Shanghai Municipal People’s Congress, Indian Consulate in Shanghai.

India, China ink pacts on water resources, culture

India and China signed two agreements including one in the field of water resources on sharing hydrological data on Satluj river after talks between Vice President Hamid Ansari and his Chinese counterpart Li Yuanchao. Li is the first Chinese  Vice president who visited India.

In Aurangabad, the Chinese Vice President visited the Ajanta Caves and also met the city mayor.

RBI issued Uniform Guidelines on Internet Banking for Cooperative Banks

Reserve Bank on 5 November allowed state co-operative banks (StCBs) and district central co-operative banks (DCCBs) to offer internet banking with “view only” facility. At present, urban cooperative banks (UCBs) that meet certain criteria are permitted to provide internet banking with transactional facility to their customers with prior approval of the RBI. Besides, internet banking with “view only” facility is allowed to be given by all UCBs complying with certain conditions, without RBI’s approval.

21st INCOFYRA to be organised in Bengaluru in 2016

The conference will be inaugurated by the Prime Minister of India, Narendra Modi. Shripad Yesso Naik, Union Minister for State (Independent Charge) for AYUSH and Dr HR Nagendra, President of 21st INCOFYRA, President, VYASA and Chancellor, S-VYASA University were also present on this occasion.ives nod to MoU between India and Belgium in the field of energy

V Sivaramakrishnan appointed as Managing Director of Oxford University Press India

V Sivaramakrishnan was named as the new Managing Director of Oxford University Press India (OUPI) with regional responsibilities including Bangladesh, Sri Lanka, and Nepal. He succeeds Ranjan Kaul, who will be retiring this month end after working with OUP for 14 years.

UN approves its first climate aid for poor nations

The UN’s Green Climate Fund (GCF) said Friday it had approved its first financing of projects to help developing countries fight global warming, three weeks before a summit opens in Paris to ink a climate rescue pact.

7 South Asian nations to share info on organised crime

India and six other South Asian countries have finanlised draft structure and terms of reference of a regional platform for information sharing on transnational organised crimes.

The delegates of seven countries — India, Bhutan, Nepal Bangladesh, Maldives, Sri Lanka and Myanmar — in a conference here discussed the modalities for creation of a regional platform for information/intelligence sharing to enable all Member States to respond to transnational organised crimes.

Andhra Pradesh government gives nod to bauxite mining on forest land in Vizag 

In a move that could trigger protests from tribals, the Andhra Pradesh government has given an approval for bauxite mining in 1,212 hectares of forest land in Visakhapatnam district with certain conditions.

According to a Government Order (GO), the Principal Chief Conservator of Forests has been accorded permission to divert 1,212 hectares of forest land in Chintapalli and Jerrila of Narsipatnam Forest Division in Visakhapatnam for mining lease for bauxite in favour of Andhra Pradesh Mineral Development Corporation.

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