1.Global Family Day, One Day of Peace and Sharing, is celebrated every January 1 in the United States as a global day of peace and sharing. Global Family Day grew out of the United Nations Millennium celebration, "One Day In Peace".
2.Veteran actor-writer Kader Khan passed away on 31 December 2018.He made his acting debut in 1973 with the movie ‘Daag’ and acted in more than 300 films.
3.The ‘Financial Stability Report’ was released by the Reserve Bank of India (RBI) on 31 December 2018.As per the report, banks showed improvement with Gross Non-Performing Assets’ (GNPAs) ratio declining to 10.8% in September 2018 from 11.5% in March 2018.The Net Non-Performing Assets (NNPAs) ratio also witnessed a fall at 5.3% in September 2018 as against 6.2% in March 2018.
4.The government of India appointed Vinod Kumar Yadav as Chairman of Railway Board (Ministry of Railways).He replaced Ashwani Lohani, who retired on 31 December 2018.
5.The West Bengal government announced two welfare initiatives for farmers on 31 December 2018.Both initiatives are part of the ‘Krishi Krishak Bondhu’ scheme and will come into effect from 1 January 2019.The 1st initiative will provide Rs 2 lakh to the family of a deceased farmer.Under the 2nd initiative, farmers will get Rs 2,500 twice a year for growing a single crop on an acre of land.
6.The government of India constituted a committee to suggest recommendations to strengthen the ‘Real Estate Regulatory Authority’ (RERA) and to remove difficulties in its implementation.It will be headed by the Union Housing & Urban Affairs Joint Secretary, Shiv Das Meena.RERA, which protects the interest of home buyers, empowers states to notify their rules & appoint regulatory authorities.
7.The MSME ministry has established an export promotion cell to create a sustainable ecosystem for Micro, Small and Medium Enterprises (MSMEs).It will help in the integration of MSMEs into the global value chain.It will also look into the areas where improvements are required in order to be able to export effectively and efficiently.
8.Allahabad Bank signed a bancassurance pact with SBI Life Insurance on 31 December 2018.Under the pact, the SBI Life Insurance will be able to sell its products through various branches of Allahabad Bank.Sanjeev Nautiyal is the CEO & MD of SBI Life Insurance.Bancassurance is an arrangement through which an insurance company can sell its products through a bank.
9.The government of India extended the Credit Link Subsidy Scheme (CLSS) on home loans for the Middle Income Group (MIG) under the Pradhan Mantri Awas Yojana till March 2020.The last extension was up to March 31, 2019.Under CLSS, the government provides a subsidy of up to Rs 2.67 lakh on the home loan.Till 30 December 2018, around 3,39,713 beneficiaries have availed loans under CLSS.
10.The government of India has infused 10,882 crore rupees in four Public Sector Banks (PSBs).It is a part of 28,615 crore rupees capital infusion to be done in about half a dozen public sector lenders.The four PSBs are UCO Bank, Bank of Maharashtra, Syndicate Bank, and Central Bank of India.The recapitalisation would enhance the lending capacity of the PSBs.
0 Comment to "ONE LINER OF THE DAY 1st JANUARY 2018"
Post a Comment