GOVERNMENT DECIDES TO GIVE INCENTIVES FOR DIGITAL TRANSACTIONS MADE AFTER NOVEMBER 8

After the government has announced its decision to demonetize 500 and 1000 rupee currency notes from the circulation,Almost every sections of the society are facing the cash crunch.As part of the Government steps to minimize the demonetization effect,the government has come up with two schemes to encourage digital transactions in the country.

US FEDERAL RESERVE HIKES INTEREST RATES

USA's central bank Federal Reserve raised interest rates for the second time in a decade signaled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump Administration promises of tax cuts,spending and Deregulation.

Federal reserve increases its funds rate to a range between 0.50% and 0.75% from the range of 0.25% to 0.5%.

CHOLAMANDALAM ENTERS INTO PACT WITH DENA BANK.

Cholamandalam Ms General insurance co.Ltd has entered into a corporate agency agreement with Dena bank to distribute the former's General insurance products.

Under the Agreement Cholamandalam will offer a wide range of non life insurance products to Dena bank customers through its nation wide branch network

21ST FOX CENTURY BUYS EUROPEAN PAYTV SKY PLC

Rupert Murdoch's 21st century FOX sealed a $14.8 billion cash deal to take control of pan European Paytv Sky plc and create a global entertainment titan.21st Century fox has reached a formal agreement to buy 61 % stake in sky that it doesn't own.

.

MUSICAL MAESTRO A R RAHMAN IN OSCAR RACE AGAIN

Music maestro AR Rahman is in Oscar race again for his work in sports biopic Pele:birth of a legend.AR rahman won Oscar for his work in slumdog millionaire in the year 2009 in both original score and Best original song long list of the 89th Academy awards.

Ginga,which Mr.Rahman composed to celebrate Pele's soccer legacy,is one of the 91 songs in the original song long list.

SMRITI MANDHANA IS THE ONLY INDIAN IN ICC'S WOMEN'S TEAM

Indian batswoman Smriti mandhana has been named in the women's team of the year 2016,the International Cricket Council.The team which will be captained by Stefane Taylor has been added to the list of awards to acknowledge and appreciate outstanding performances  of women's cricketers over a 12 month period.

AIRTEL LAUNCHES PAYMENTS BANK IN AP AND TELANGANA

Telecom major Airtel has launched its payments bank in Andhra pradesh and Telangana circles,offering interest rate of 7.25% per annum on savings account deposits and personal accident insurance of 1 lakh.

Airtel recently launches its payment bank services in Rajasthan recently.Airtel Payment bank offers 1 minute talk time for every rupee the customer deposits in their savings bank account.


                       Click here to know more about Airtel payments bank

RAJHYA SABHA PASSES DISABILITIES BILL 2016

The Rajhya sabha passed the disabilities bill with the list of disabilities expanded from seven to 21 and then quantum of reservation increased for people suffering from 3% to 4% in government jobs.

In higher education institutions the quota has been increased from 3% to 5%.

IBPS PO MAINS 2016 CUT OFF OUT..!

IBPS has released mains cut off of the examination held on November 20 2016.IBPS mains scores will be available for the aspirants by late evening today itself.

                      Click here to view process for arriving at scores

KARUR VYSYA BANK ONLINE EXAM CALL LETTERS OUT

Karur vysya bank has released online examination call letters for the recruitment of clerks 2016

                                              Click here to download admit card
 

UBER LAUNCHES UBER MOTO TWO WHEELER SERVICE IN HYDERABAD

US based taxi aggregator Uber has launched its two wheeler commuting platform Uber Moto in Hyderabad.The co founder of Uber was promoting the new service that will serve also as last mile connectivity for the Hyderabad metro rail services when they open next year.

Uber CEO Travis kalanick states that the fare range would be 20 Rupees for the initial 3 km and Rupees 5 per km thereafter. 

Click here for more current affairs

CENTRE GIVES 0.75% DISCOUNT FOR FUEL IF CUSTOMER PAYS THROUGH CREDIT AND DEBIT CARDS

The centre announced that customers buying petrol and diesel at state run petrol bunks would get a discount of 0.75% if they paid using credit card or debit card from December 13 onwards.

The discounted amount directly credited to customer's bank amount with in 3 working days.

PSU oil marketing companies have been working closely with banks,e-wallet companies and service providers since the announcement and are now pleased to advise that the above would be implemented effective midnight tonight.

VENEZUELA DEMONETISES 100 BOLIVAR BANK NOTES

1.Venezuela will pull its largest bill worth two US cents on the black market from circulation this week ,a head of introducing new higher value notes,president Nicholas maduro announced.

2.Nicholas maduro said 100 bolivar notes will be taken out of circulation and  the citizens will have 10 days to exchange these notes at the central bank.

AKBAR EBRAHIM APPOINTED AS THE NEW CHIEF OF FMSCI

Akbar ebrahim was elected as the president of Federation of motor sports club of India.He is the former racer and multiple national champion and takes over from Zayn khan who has been at the helm since September 2015.

INTERNATIONAL CURRENT AFFAIRS.

ITALY GETS NEW PRIME MINISTER

1.Paolo Gentiloni,former Foreign minister of Italy was named as the new Prime minister of Italy following reformer leader Matteo Renzi's resignation in the wake of a crushing referendum defeat.

RAFIA QASEEMA BAIG BECOMES PAKISTAN'S FIRST WOMAN TO JOIN BOMB SQUAD

A 29 year old woman from Khyber Pakhtunkhwa ,Rafia Qaseema Baig,has become the first pakistani woman to join the bomb disposal unit in the restive province that frequently witness terror attacks.

SYNDICATE BANK PGDBF 2017-18 NOTIFICATION RELEASED

Syndicate Bank invites young and bright graduates who fulfill the eligibility criteria specified and who are interested in a Banking career with one of India‟s best Banks to apply for admissions to the One year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt Ltd. (MaGE), Bangalore and Nitte Education International Pvt Ltd. (NEIPL) Greater Noida / Mangalore.

Important dates:

Start of Registration-12-12-16

End of last for Registration-28-12-16

Numbebr of students intake:

OC-202,OBC-108,SC-60,ST-30 total 400

Click here for notification

GOVERNEMENT LAUNCHES DIGISHALA TV TO PROMOTE DIGITAL PAYMENTS

In an attempt to encourage cashless transactions post demonetisation, the government of India has launched TV channel Digishala, to educate people on various modes of electronic payments including e-wallets and mobile banking.

Digishala is a free to air channel and would be broadcast nationally on DD Free dish DTH service.

GK QUESTIONS ASKED IN IBPS RRB PO MAINS

1.Currency of Zambia-Kwacha
2.Capital of Lithuania-Villinius
3.Periyar national park-Kerala
4.Global NRI day-January 9
5.Oliver halt and Bengt holmstorm won nobel prize in economics for -Contract theory
6.Nobel prize in literature-Bob dylan
7.Jnanapith award-Raghuveer choudary
8.Dadasaheb phalke award-Manoj kumar
9.PV sindhu wins china open
10.question on borrower becomes defaulter-Credit risk

11.Serena williams equals whose record-Steffi graph
12.No.1 in ATP tennis rankings-Andy murray
13.DDUGY amount-76000 crores
14.Shyam prasad mukherjee rurban mission -300 cities

AIRTEL PAYMENT BANK OFFERS 1 MINUTE TALKTIME FOR EVERY RUPEE YOU DEPOSIT.

Airtel payments bank,Which is one of the 11 payments banks that recently got RBI approval,has started its pilot services in Rajasthan.

Airtel payments bank offers Customers 1 minute talk time for every rupee they deposited in their savings account.Suppose if a customers deposit 1000 rupees in his savings account he will get 1000 minutes as a talk time to his mobile number.The talktime can be used to Airtel-Airtel calling across India.

This benefit will be applicable for the first time deposits only.And comes with a validity of 30 days.Airtel payments bank offers 7.25% interest rates on their savings bank account which is almost equal to Fixed Deposit interest rates of some banks.It also offers 1lakh insurance per account.

DON'T HAVE SMARTPHONE OR INTERNET?STILL YOU CAN TRANSFER MONEY WITH JUST A SIM IN YOUR MOBILE PHONE

1.As the government doing its preparations to encourage cashless transactions in the country,Banks are also exploring ways to minimize cash transactions in the country.As part of it,Yes bank,the leading private sector bank in the country has come up with a unique way of transferring money and pay utility bills.

2.Yes bank has launched a digital banking service called SIMsePAY,where by an account holder can do money transfers,pay utility bills and other mobile banking services with out the need for a smartphone or internet.

3.The bank has launched this service with the District co-operative bank,Dehradun and plans to launch it across the country.

HOW IT WORKS?