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HEAD TURNERS THIS WEEK

After the phenomenal response to the previous Weeks DigiNote,
Wevemade some changes by highlighting the different sections and
focus on Shyam Benegal and FREE BASICS.
DigiNote shall only be successful if we understand the purpose of this
exercise, which is to keep you posted of the events in the week.
Best of Luck.

From The Newspapers

THE E

CONOMIC

IMES

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3rd January
CPI veteran Bardhan dead

Veteran Communist Party of India leader A.B. Bardhan, 92, passed away
after a long illness.
Mr. Bardhan, former general secretary of the CPI, was admitted to the G.B.
Pant Hospital here on December 7, after he suffered a stroke.

Bank of Baroda debuts on social media;

introduces twitter handle

Bank of Baroda has entered the social media space by unveiling its
Facebook page and Twitter handle as part of its efforts to restore its image
that has been hit by the alleged Rs. 6,100-crore remittance scam.
The bank will be available on Facebook and Twitter and its presence will
extend to other social marketing mediums in due course.

Govt. may dilute 25% stake in IDBI Bank

State-run lender, IDBI Bank, is planning to raise Rs. 3,771 crore by way of
qualified institutional placement (QIP) which could see government stake
reduce by 25 per cent.
Government has decided to infuse Rs. 2,229 crore into the bank.
At present, the government holds 76.5 per cent in the bank.
After this infusion, government stake in the bank will go over 80 per cent.
If the bank goes ahead with its proposed QIP issue, the governments stake
in the bank will come down by around 25 per cent.
Qualified Institutional Placement - speedy method of private placement
whereby a listed company can issue shares or convertible securities to a
select group of investors
only institutions or qualified institutional buyers (QIBs) can participate in a
QIP issuance
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Arunima Sinha scales Mt Aconcagua in Andes

Arunima Sinha, the amputee mountaineer who set a record by

conquering Mount Everest, has added another feather to her cap by
conquering Mount Aconcagua in Argentina.
Aconcagua is the highest mountain outside Asia, at 6,960.8 metres
First female amputee to climb five mountains of the world

4th 5th January

Indo-Japan joint naval exercise from January 12
The latest edition of
Sahyog-Kaijin, the Indo-Japan
Coast Guard Joint Exercise, will
begin in the Bay of Bengal off the
Chennai coast on January 12
Sahyog-Kaijin is held once in two
years and the venue would shift
between India and Japan on
alternate occasions.

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Chetris strike seals it for India

Sunil Chetri scored one of the most important goals of his career when his
101st-minute strike snatched an unlikely win for India in the final of the
SAFF Suzuki Cup football tournament against Afghanistan
The result:
India 2 (Jeje 72, Chetri 101) bt Afghanistan 1 (Zubayr 70).

SC-appointed Lodha committee

legalising betting in cricket

bats

for

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Wipro appoints Abidali Neemuchwala as CEO

Abidali Neemuchwala, 48, group president of Indias third largest

software exporter, Wipro, has been appointed as the companys Chief
Executive Officer
He will replace the incumbent CEO, T. K. Kurien, who has been
promoted as the Vice-Chairman of Wipro, founded by billionaire Azim
Premji.

Rail regulator to set fares, ensure fair competition

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6th January
Former CJI Kapadia passes away

Sarosh Homi Kapadia, the 38th Chief Justice of India, bid farewell to the
world in Mumbai.
Having authored over 250 judgments, Justice Kapadia is most remembered
for his verdict in the Vodafone tax verdict.

BCCI awards given away

BCCI president, Shashank Manohar, presented the BCCI International

Cricketer-of-the-Year Award 2014-15 to Test captain Virat Kohli at the ninth
BCCI annual awards
He also presented the Col. C.K. Nayudu Lifetime Achievement Award to
former India stumper, Syed Kirmani
The honours list:
Polly Umrigar Trophy for International Cricketer-of-the-Year: Virat Kohli.
Col. C.K. Nayudu Lifetime Achievement Award: Syed Kirmani.
Lala Amarnath Awards: for Best All-rounder in Ranji Trophy: Jalaj Saxena
(Madhya Pradesh)
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$50-mn loan to fund education of minorities

Centre, World Bank sign credit agreement for
scheme
The Union government and the World Bank signed a $50-million credit
agreement for a project aimed at helping young people from minority
communities complete their education and improve their employment
opportunities.
The Nai Manzil Scheme is designed as an integrated education and training
programme that provides youth from minority communities skills needed for
different tasks in a rapidly changing world.
Around 20 per cent of those between 17 and 35 years of age from minority
groups such as Muslims, Parsees, Jains, Buddhists, Christians, and Sikhs are
out of the labour force, according to the World Bank.

New Years gift for Adnan Sami

It will be an apt New Years gift for Pakistani singer Adnan Sami. Mr. Sami will
become an Indian citizen on 1st January as soon as he completes the
necessary paperwor
Mr. Sami, who has been staying in India since 2011, will have to fill a
citizenship form at the Home Ministrys office in Delhi and pay Rs. 13,700.
Mr. Sami will be given citizenship under Section 6 (I) of the Indian Citizenship
Act, 1955 under the category citizenship by naturalisation.

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Shyam Benegal to head CBFC revamp panel

The Union Information and Broadcasting Ministry has constituted a

committee, headed by film-maker Shyam Benegal

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7th-8th January
No management quota in nursery admission

the Delhi government scrapped management and all other quotas except
those for the Economically Weaker Sections.
By scrapping this quota, about 10,000 seats are expected to be freed up for
the general public.

Govt. approves closure of HMT Watches

The Union Cabinet on Wednesday approved the closure of the iconic HMT
Watches and offered a voluntary retirement scheme (VRS) to its employees
as per the 2007 pay scales
Two other unviable units of the public sector company, HMT Chinar Watches
and HMT Bearings, are also to be shut down.
The Cabinet also gave its nod to the closure formalities of five public sector
units (PSUs) under the Heavy Industries Ministry.
These include units of the Tungabhadra Steel and Hindustan Cables for
shutting down which the government had earlier given an in-principle
approval.

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Nepal Prime Minister to visit India in February

Nepal declared that Prime Minister K.P. Sharma Oli would visit India in early
February in his first official trip abroad after taking over as the Prime
Minister last October.
Nepals Prime Ministers conventionally visit India on their first foreign trip,
but reports had hinted in recent past that Mr.Oli might choose Beijing as his
first foreign destination.

Govt. to implement BS-VI norms by 2020

The government, in a move to fight pollution, will implement Bharat

Standard (BS)-VI emission norms by April 1, 2020.
The Petroleum Ministry would spend Rs. 30,000 crore for upgrading
refineries to implement the clean fuel technology
The BS-VI norms will be implemented for new vehicles by April 2020 and for
existing vehicles by April 2021 and a notification will be issued by the Union
government soon.
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Chandela breaks world record; wins gold

Indian shooter Apurvi Chandela broke the world record on way to winning
gold in the womens 10 metre air rifle event at the Swedish Cup Grand Prix.
Chandela shot 211.2 in the event to surpass the feat of Chinese Olympic gold
medallist Yi Siling, who held the record with 211.

9th January
Ministry of Overseas Indian Affairs merged with
MEA

In order to avoid duplication of work and to improve efficiency, the

government merged the Ministry of Overseas Indian Affairs (MOIA) with the
Ministry of External Affairs.

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ICICI Bank to partner FINO PayTech for payments

bank

ICICI Bank will partner FINO PayTech to foray into the payments bank space.
ICICI Bank joins some of the leading lenders of the country which have
partnered with payments banks that have received licence from the banking
regulator.
For example, State Bank of India and Kotak Mahindra Bank have picked up
stake in the payments banks that will be floated by Reliance Industries and
the Bharti Group, respectively.
The ICICI Group, with about 16 per cent stake in FINO Paytech, a business
correspondent, is the largest domestic shareholder.

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Priyanka Chopras Quantico

Peoples Choice Award

role

earns

her

Bollywood actress and former Miss World, Priyanka Chopra, has won the
Favourite Actress in a New TV series award at the Peoples Choice Awards
2016 in Los Angeles, for her leading role in American TV thriller series
Quantico.
The 33-year-old, who plays the role of an FBI agent named Alex Parrish in
the show, was competing against actresses like Emma Roberts, Jamie Lee
Curtis, Lea Michele and Marcia Gay Harden in the category.
Hollywood actor Vin Diesel presented her with the award.

myshop.mahendras.org
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BG QUIZ
Q.1. As projected by the World Bank what will be the economic growth rate of
India during 2016-17?
(1) 7.5%
(2) 7.8%
(3) 8.0%
(4) 8.5%
(5) 8.8%
Ans: (2) 7.8%
Q.2. Who won gold medal in women's 10 metre air rifle event at the Swedish Cup
Grand Prix shooting tournament?
(1) Yi Siling
(2) Eva Shockey
(3) Apurvi Chandela
(4) Kirsten Joy Weiss
(5) Jessie Duff
Ans: (3) Apurvi Chandela
Q.3. Mufti Mohammad Sayeed who passed away recently was the Chief Minister
of which Indian state?
(1) Jammu & Kashmir
(2) Arunachal Pradesh
(3) Maharashtra
(4) Goa
(5) Sikkim
Ans: (1) Jammu & Kashmir

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Q.4. From which of the following dates the union government will implement
Bharat Stage (BS) VI emission norms?
(1) 1 April 2018
(2) 1 April 2019
(3) 1 April 2022
(4) 1 April 2021
(5) 1 April 2020
Ans: (5) 1 April 2020
Q.5. Which country has claimed that it has successfully conducted a hydrogen
bomb test?
(1) North Korea
(2) South Korea
(3) Pakistan
(4) Japan
(5) China
Ans: (1) North Korea
Q.6. Who has been appointed as the Chairman of Internet and Mobile Association
of India?
(1) Kumar Gaurav
(2) Kumar Saurabh
(3) Siddharth Sinha
(4) Prakher Saxena
(5) Kunal Shah
Ans: (5) Kunal Shah

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Q.7. Which Indian actress has won the Favourite Actress in a New TV series
award at the People's Choice Awards 2016 held in Los Angeles, USA?
(1) Sonakshi Sinha
(2) Priyanka Chopra
(3) Katrina Kaif
(4) Deepika Padukone
(5) Konkona Sen
Ans: (2) Priyanka Chopra
Q.8. Stand Up India Scheme provides for a refinance window through_____ with
an initial amount of Rs. 10,000 crore.
(1) NABARD
(2) RBI
(3) SBI
(4) SIDBI
(5) NPCI
Ans: (4) SIDBI
Q.9. Who inaugurated India's first River Information System (RIS)?
(1) Suresh Prabhu
(2) Uma Bharti
(3) Sushma Swaraj
(4) Nitin Gadkari
(5) M. Venkaiah Naidu
Ans: (4) Nitin Gadkari

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Q.10. Recently Hashim Amla has resigned as the captain of which cricket test
team?
(1) Bangladesh
(2) Pakistan
(3) South Africa
(4) England
(5) Australia
Ans: (3) South Africa

We at BG focus on providing the most accurate and precise current events and
financial terms for the forthcoming bank examinations and work tirelessly to
innovate and are always ready for feedback which can be provided to us in the
comments section.
Best Of Luck ,
BankersGuru

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