1.Darjeeling will host a five-day Teesta Rangit Tourism Festival 2017. The four-month strike has severely affected tourism, one of the biggest sources of income in the Darjeeling hills.The festival will be held in phases in different hill towns across the two districts of Darjeeling and Kalimpong. It will be held from December 27 to 29 in Darjeeling; December 28 and 29 in Kurseong; December 29 and 30 in Kalimpong; and December 30 and 31 in Mirik.
3.The 2017 SAFF U-15 Women's Championship was 1st ever edition of the SAFF U-15 Women's Championship, an international football competition for women's under-15 national teams organized by SAFF. The tournament was hosted by Bangladesh from 17–24 of December, 2017 at Bangabandhu National Stadium and Mostofa Kamal Stadium. Four teams from the region took part : Bangladesh,Nepal,India,Bhutan. winner : Bangladesh Runner : India.
4.India is set to overtake the United Kingdom and France to become the world’s fifth largest economy in 2018.Currently ranked seventh, India will move up to fifth place in 2018 and vault to third spot by 2032, the Centre for Economics and Business Research (CEBR), a London-based consultancy, said in its annual rankings.
5.QIP :Qualified Institutional Placement is largely a fund raising tool for the listed companies.QIP is a process which was introduced by SEBI so as to enable the listed companies to raise finance through the issue of securities to qualified institutional buyers (QIBs).Qualified institutional placement (QIP) is a capital-raising tool, primarily used in India and other parts of southern Asia, whereby a listed company can issue equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares.
6.Canara Bank said it would raise up to Rs. 3,500 crore capital through the qualified institutional placement (QIP) route.The decision in this respect was taken at the bank’s board meeting . They decided to raise additional equity share capital up to Rs. 90 crore through qualified institutional placement route, by issuing up to 9 crore equity shares of a face value of Rs. 10 each with a premium to be decided as per the applicable guidelines/regulations for an aggregate amount not exceeding Rs. 3,500 crore, inclusive of such premium.
7.The Institute for Development & Research in Banking Technology (IDRBT) is a unique institution exclusively focused on BankingTechnology. Established by the Reserve Bank of India (RBI) in 1996, the Institution works at the intersection of Banking and Technology. It is located in Hyderabad, India.Right from carrying out cutting edge Development and Research, enabling creation of technology infrastructure to moulding the technology talent required for Banking Sector, the institution enables technology transformation of the Indian Banking and Financial Sector.
8.The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the "Code of Bank's Commitment to Customers". It is not a compensation mechanism and looks into an individual complaint only to the extent it points to any systemic compliance failure. It is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860 on February 18, 2006.
9.The Financial Action Task Force (on Money Laundering) (FATF), It is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001 the purpose expanded to act on terrorism financing. It monitors countries' progress in implementing the FATF Recommendations by ‘peer reviews’ (‘mutual evaluations’) of member countries. The FATF Secretariat is housed at the headquarters of the OECD in Paris.
10.The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy, and to inhibit its use for any military purpose, including nuclear weapons. The IAEA was established as an autonomous organisation on 29 July 1957. Though established independently of the United Nations through its own international treaty, the IAEA Statute, The IAEA reports to both the United Nations General Assembly and Security Council. HQ :Vienna, Austria.
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