PROJECT SAKHSAM

• The cabinet committee on Economic affairs has approved a Rs 2256 crore outlay for Project Saksham, an Initiative under the Central Board of Excise and Customs(CBEC) to bolster the information technology network for the new GST regime that the government intends to roll out from 2017.
  

OBAMA APPOINTS FIRST AMBASSADOR TO CUBA IN 5 DECADES

• The United states of America has appointed Jeffrey De Laurentis,america's top diplomat in Havana to become the first official ambassador to cuba in five decades.
• The two countries restored full diplomatic relation in July 2015 when Mr.Obama and the Cuban president Raul Castro announced a thaw in relation in 2014.

What is the currency of Cuba?

BRICS TO INTRODUCE BILATERAL SOCIAL SECURITY PACTS

• BRICS countries have agreed to enter into bilateral Social Security Agreements(SSA).
• The pacts ensure that a worker who migrates for employment doesn't get curtailed of the Social Security benefits during her stay in that country.

Question from current affairs:

With which country India has signed Social Security agreement in the month of July?

 

INFOSYS INTRODUCED SKAVA COMMERCE

1.India's second largest IT services company,Infosys introduced Skava commerce,a modern,Mobile first Modular e-commerce platform.The new platform was developed by Skava,a Starup that was recently acquired by Infosys.

2.It allows businesses to leverage flexible cloud based micro services and white label applications to new offerings and improve conversion in digital channels.

REASONING:PUZZLES MEDIUM LEVEL

• Eight persons – A, B, C, D, E, F, G and H – are sitting around a circular table facing the center. Each of them works in a different city among Delhi, Kolkata, Kanpur, Goa, Bangalore, Hyderabad, Chennai and Pune, but not necessarily in the same order.
•  A is third to the left of the person who works in Goa and opposite G.
•  B is second to the right of E, who is not to the immediate right of G. E is not adjacent to A.
• The persons who works in Kanpur and Delhi are opposite each other but they are neither B nor A.
• D, who works in Hyderabad, is third to the right of the person who works in Kanpur.
• F and H are neither opposite nor adjacent to each other.
• C is neither adjacent to F nor adjacent to the person who works in Bangalore.
• Neither A nor G is from Chennai and the person who works in Chennai is to the immediate left of the person who works in Kolkata.

Make a try....solution will be provided soon.....


SOLUTION:
CLOCKWISE:E(GOA),F(DELHI),D(HYDERABAD),A(KOLKATA),H(CHENNAI),C(KANPUR),B(PUNE),G(BANGALORE)

FIRST IN BANKING-FIRST BANK TO INTRODUCE SAVINGS ACCOUNT IN INDIA??????

1. First bank in India---Bank of Hindustan
2. First governor of RBI---Osborne Smith
3. First Indian governor of RBI---CD Desmukh
4. First bank to introduce ATM in India---HSBC
5. First bank to Introduce Savings account in India---Presidency bank
6. First bank to introduce Cheque system in India---Bengal bank
7. First bank to introduce Internet banking in India---ICICI bank
   
8. First bank to introduce Mutual Funds in India---State bank of India.
9. First bank to introduce credit bank---Central bank of India.
10. First foreign bank in India---Comptoire d' Escompte de paris of France in 1860.

DAILY CURRENT AFFAIRS-SEPT 27TH

1.Vodafone India has announced its offer of 9 GB additional data for subscribers to the 1 GB data plan.This comes after new player Reliance Jio started offering voice free calls and data till December 31st.

2.In an unprecedented move,Centre sacked Sushil Muhnot,CMD of Bank of Maharashtra,4 days short of his retirement and appointed Ravindra Marathe as the New CMD.

3.Finance ministry has settled in February 1st as the new date for the presentation of the union budget.The decision to be placed before the cabinet for final approval.The cabinet has last week merged Railway budget with General budget.

4.Anil kawatra is among the 17 people selected for the inaugural class of UN young leaders for sustainable development goals.He runs Feeding India,An NGO that collects food that remains unused after wedding ceremonies and distributes for the people who are in need.