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  • Nov 28, 2016
  • 1 Major Committees 2016: R. Jilani Committee and Goiporia Committee [ Committees & Bodies ]

    R. Jilani Committee Purpose: Inspection System in Banks Jilani committee recommendations Broad guidelines to establish accountability for inspectors/auditors should laid down.A copy of the booklet incorporating RBI circulars to supplied to each inspecting/audit official by inspec

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  • 2 Major Committees 2016: Tandon Committee and Dr. Gadgil Committee: [ Committees & Bodies ]

    Tandon Committee Purpose: Follow Up Of Bank Credit The observation and recommendations made by Tandon committee were:Norms: The committee suggested 15 industries excluding engineering industries. These norms suggested in following forms:

    1. For Raw materials: Consumption in months
    2. For

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  • 3 Major Committees 2016: Raghunath Anant Mashelkar Panel and T.S.R. Subramanian Committee [ Committees & Bodies ]

    Raghunath Anant Mashelkar Panel Purpose: To recommend best technologies for Prime Minister Narendra Modi’s “Swachh Bharat” national sanitation campaign. More about Committee:Scientist Raghunath Anant Mashelkar, former director general of the Council of Scientific and Industrial R

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  • 4 Major Committees 2016: Justice SB Sinha (One Member Commission) and G.N.Bajpai Committee [ Committees & Bodies ]

    Justice SB Sinha (One Member Commission) Purpose: To Probe 2006 Meerut Fire Tragedy.A Supreme Court bench comprised of Justice V. Gopala Gowda and Justice Dipak Misra appointed former Judge S.B. Sinha to probe the 2006 Meerut fire tragedy, which claimed the lives of 60 people.


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  • 5 Major Committees 2016: H.R.Khan Panel and V.C. Daga Committee [ Committees & Bodies ]

    H.R.Khan Panel Purpose: To evaluate unclaimed PPF and Post Office Savings.The finance ministry has set up a committee under Reserve Bank of India (RBI) deputy governor HR Khan to examine unclaimed deposits lying in the popular Public Provident Fund and savings schemes of post off

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  • 6 Major Committees 2016: K.V. Kamath Panel and Gopalakrishna Committee [ Committees & Bodies ]

    K.V. Kamath Panel Purpose: To examine the financial architecture for Micro, Small and Medium Enterprises (MSME) sector. Recommendations of committe:The Finance Ministry has appointed a 15-member committee under the Chairmanship of ICICI Bank Chairman K V Kamath to examine the fin

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  • 7 Major Committees 2016: Pratyush Sinha & Jairam Ramesh & T.K. Viswanathan Committee [ Committees & Bodies ]

    Pratyush Sinha Committee Purpose: To assess compensation for coal blocks Prime Minister, Mr. Narendra Modi okayed the recommendations of Pratyush Sinha Committee regarding the division of All India Service Officers in A.P. and Telangana. The meeting of the committee held on 14 Ju

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  • 8 Major Committees 2016: Nachiket Mor Committee and P.J. Nayak Committee and Bibek Debroy Committee [ Committees & Bodies ]

    Nachiket Mor Committee Purpose: To permit NBFC is to work as Business correspondence Key Recommendation Providing a universal bank account to all Indians above the age of 18 years by January 1, 2016. To achieve this, a vertically differentiated banking system with payments banks

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  • 9 Major Committees 2016: Deepak Mohanty Committee and Arvind Mayaram Committee [ Committees & Bodies ]

    Deepak Mohanty Committee Purpose: Data and Information Management in the RBI Key recommendations Augment the government social cash transfer in order to increase the personal disposable income of the poor. It would put the economy on a medium-term sustainable inclusion path.

    • Suka

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  • Nov 28, 2016
  • 1 Major Committees 2016: R S Sharma Expert Committee and Justice MB Shah Committee [ Committees & Bodies ]

    R S Sharma Expert Committee Purpose: To review the Company (Cost Records and Cost Audits) Rules 2014 The Composition of the Committee:R. S. Sharma, former Chairman and Managing Director, ONGC - Chairman

    • R.K. Jain, Additional Secretary, Ministry of Health & Family Welfare - Member

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  • 2 Major Committees 2016: Bimal Jalan Committee and Hari Gautam Committee and Suresh Prabhu Committee [ Committees & Bodies ]

    Bimal Jalan Committee Purpose: To head the Expenditure Management Commission.About Bimal Jalan Committee The Bimal Jalan panel, which is scrutinizing applications for new bank licenses, will hold a meeting on 10 February.

    • The committee held its first meeting on 1 November.
    • Initial

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  • 3 Major Committees 2016: Sivaramakrishnan Committee and Ramanujam Committee [ Committees & Bodies ]

    Sivaramakrishnan Committee Purpose: Submit Report to build the capital city for Andhra Pradesh.The main highlights of the committee’s report:It is justified to give SoP for Andhra Pradesh to help the state in economic deficit.

    • SDC should be approached soon to grant special SoP to

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  • 4 Major Committees 2016: H Devaraj Committee and V.V. Daga Committee [ Committees & Bodies ]

    H Devaraj Committee Purpose: Report most deemed university. Main findings of the Committee: Many institutions were accorded deemed university status on certain conditions, against the Union Grants Commission (UGC) Act, 1956 which does not allow conditional notification.

    • The UGC o

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  • 5 Major Committees 2016: Ajay Shankar Committee and Prof. NR Madhava Menon Panel [ Committees & Bodies ]

    Ajay Shankar Committee - Purpose: To review functioning of PPP Cell. Key Functions: Introduction of credible third-party certification in most areas of regulation to cut down on multiple permissions needed by investors.

    • Adopting global best practices for emission norms in order t

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  • 6 First Woman to Head India’S Biggest Bank SBI is Arundhati Bhattacharya [ Policy-Governance ]

    For driving transformational change at the India’s largest bank, pushing through major digital initiatives and restructuring the bank, HR practices to ensure it is future ready and in step with changing customer trends.

    Personal Life

    • Born: 18 March 1956 in a Bengali Hindu Kulin B

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  • Nov 27, 2016
  • 1 New Army Chief of Pakistan: Qamar Javed Bajwa [ Int. Rel & Org. ]

    Nawaz Sharif chequered history when it came to choosing anyone as a new general of the Pakistan Army. Nawaz Sharif chose Qamar Javed Bajwa as the successor of General Raheel Sharif. Then in 2013, he chose Raheel Sharif who has been in charge for the past 3 years.

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  • 2 Birth Control Injections Introduced in India [ Sci-Tech ]

    The problem of unwanted pregnancy, can now be controlled by free of cost Contraceptive Injections to the women available in government hospitals. Uttarakhand state has registered more women using contraceptives vs-a-vs men as per latest data of national family health survey-IV.

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  • 3 One of the World’S Longest-Serving and Most Iconic Leaders, Fidel Castro Died at 90 [ Int. Rel & Org. ]

    Cuba’s former president Fidel Castro, one of the world’s longest-serving and most iconic leaders, has died aged 90. Castro toppled the government in 1959, introducing a Communist revolution. He defied the US for decades, surviving many assassination plots. He had given Cuba back

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  • 4 ISRO Seeks Proposals for Mars Orbiter Mission-2 to Expand Inter-Planetary Research [ Sci-Tech ]

    ISRO aims to configure objectives and scientific experiments of MoM-with final formulations. To expand inter-planetary research, ISRO is seeking scientific proposals for Mars Orbiter Mission-2.

    Government is seeking for proposals for a second Mars mission

    Government is Seeking for Proposals for a Second Mars Mission

    Government is seeking for proposals for a second Mars mission

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  • 5 US Senate Seat Won by Indian-American Kamala Harris from California [ Int. Rel & Org. ]

    Kamala Harris defeated Loretta Sanchez from her own party to become the first black woman elected to the upper chamber in more than two decades. Indian-American Kamala Harris won the US senate seat from California. She also became the sixth black individual to be elected to the U

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  • Nov 26, 2016
  • 1 100-Year-Old Log Shows Antarctic Ice Not Shrinking [ Eco. ]

    About 100 years ago, explorers explained that the sea ice at the South Pole has barely changed in size over the last century.Ship logbooks of explorers such as the British Captain Robert Scott and Ernest Shackleton were used to compare where the Antarctic ice edge was during the

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  • 2 Proposal to Name Silent Valley After M G K Menon [ Eco. ]

    M S Swaminathan, agricultural scientist and chairperson of the M S Swaminathan Research Foundation in Chennai declared that we should acknowledge this unique contribution by naming the Silent Valley Biosphere Reserve ‘Prof M G K Menon Biosphere Reserve.’

    MGK Menon was a scientist

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  • 3 ‘Ethnic Cleansing’ of Rohingya Pursuing Myanmar: UN Official [ Int. Rel & Org. ]

    Thousands of desperate people have pushed over the border into Bangladesh in the last few days, bringing with them horrifying stories of gang rape, torture and the systematic killing of their ethnic group.

    • Up to 30,000 of the impoverished ethnic group have abandoned their homes in

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  • 4 Navy Ships to Be Deployed at Gwadar in Arabian Sea by China [ Eco. ]

    China will deploy its naval ships along with Pakistan Navy to safeguard the strategic Gwadar port and trade routes under the USD 46billion China-Pakistan Economic Corridor, a navy official shedding light on a plan that is likely to alarm India.

    Chinese Naval Vessels at Gwadar port

    Chinese Naval Vessels at Gwadar Port

    Chinese Naval Vessels at Gwadar port

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  • 5 INS Arihant Successfully Tested Nuclear-Capable K-4 Ballistic Missile [ Sci-Tech ]

    The test-launch of an indigenously developed, nuclear capable K-4 ballistic missile from a submerged platform in the Bay of Bengal is roaring success, within India’s Defense Research & Development Organization (DRDO).

    India tests most ambitious nuclear missile

    India Tests Most Ambitious Nuclear Missile

    India tests most ambitious nuclear missile

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  • Nov 25, 2016
  • 1 China Successfully Launched Fourth Data Satellite [ Sci-Tech ]

    China successfully launched Long March 3C rocket carrying the country’s fourth Tianlian - 1 data tracking and relay communications satellite from the Xichang Satellite Launch Center in the SW Sichuan in China.

    China successfully launches its fourth data satellite

    China Successfully Launches Its Fourth Data Satellite

    China successfully launches its fourth data satellite

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  • 2 NPCI’S UPI Comes in Focus While Demonetization Puts on [ Sci-Tech ]

    With the introduction of Unified Payment Interface (UPI) this year, National Payment Corporation of India (NPCI) struck a right cord in fulfilling dream of digital India. As UPI is making its way to market, many analysts have started comparing it with digital wallets. The growing

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  • 3 Setting Up of Jawahar Navodaya Vidyalayas in Uncovered Districts is Now Approved by CCEA [ Important Days ]

    Cabinet Committee on Economic Affairs (CCEA) approved establishment of Jawahar Navodaya Vidyalaya (JNV) in 62 uncovered districts with an outlay of Rs 2871 crore.The expenses for this purpose will be Rs 109.53 crore during the 12th Plan with the total outlay of Rs 2761.56 crore f

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  • 4 1st Indian-American Woman Elected to US House is Pramila Jayapal, Washington State Senator [ Int. Rel & Org. ]

    Pramila Jayapal on Wednesday became the First Indian-American woman to be elected to the US House of Representatives, winning the Washington State Senate seat. She got 57 per cent of the votes from Washington State, leaving behind her rival Brady Walkinshaw with 43 per cent votes

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  • 5 Snow Falls in Tokyo for First Time in 54 Years in the Month of November [ Int. Rel & Org. ]

    The Japanese capital of Tokyo hit by November snow for the first time in 54 years. This led to slowing of rush hour trains and people came up with heavy coats and boots in a city.An unusually cold air mass brought wet snow to Japan’s capital. Above-freezing temperatures kept the

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