Banking Awareness and Financial affairs updates for April 10th , 2017 – for IBPS, SBI, SSC Exams

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Hello friends, This is the Updates of Current affairs April 8 2017. This will helpful for tackling General awareness section in SBI, IBPS, SSC, UPSC Exams.

 North India to get DNA bank for wildlife

Laboratory for the Conservation of Endangered Species (LaCONES) in Hyderabad.

North India is all set to get its first DNA bank for wildlife.

Scientists at the Indian Veterinary Research Institute (IVRI) in Bareilly are in the process of collecting DNA samples of all wild animals to set up the bank.

At present, the Laboratory for the Conservation of Endangered Species (LaCONES) in Hyderabad.

 

India extends $4.5 billion new line of credit to Bangladesh

signed 22 agreements in strategic sectors

India and Bangladesh have signed 22 agreements in strategic sectors like defence and civil nuclear cooperation during Bangladesh Prime Minister Sheikh Hasina’s visit to India.

In a joint statement after signing of agreements in Delhi, Prime Minister Narendra Modi announced a new line of concessional credit of $4.5 billion for implementation of development projects in Bangladesh.

Apart from that, Mr. Modi also announced $500 million of credit for defence procurement in the country.

Canara Bank partners with BSNL

2 Mbps in partnership with BSNL.

Canara Bank, a public sector bank, has embarked upon an ambitious project of upgrading the bandwidth at all its branches to 2 Mbps in partnership with BSNL.

The bandwidth upgradation of branches is in line with the bank’s policy of promoting digital channels and will ensure faster service across the counters.

Centre kicks off programme on Cyber Physical Systems

Rs 100 crore has been earmarked for the project

The Department of Science and Technology (DST) has initiated a Cyber-Physical Systems (CPS) program.

CPS is an interdisciplinary field that deals with the deployment of computer-based systems that do things in the physical world such as, the self-driven cars produced by Google and Tesla.

HDFC Bank UPI on Chillr app

UPI is an instant payment system

HDFC Bank announced its Unified Payments Interface (UPI) will also be available on Chillr, a multi-bank mobile payments app.

UPI is an instant payment system developed by the National Payments Corporation of India (NPCI) to enable faster money transfer between any two parties’ bank accounts.

Indian internet economy to hit $250b

650 million by 2020, up from about 390 million now.

Mobile  internet users in India are estimated to touch 650 million by 2020, up from about 390 million now.

The report was published by Boston Consulting Group and The Indus Entrepreneurs.

Fueling the internet economy will be data consumption, which by 2020 could potentially increase 10-14 times.

India rankings 2017

President Pranab Mukherjee, will be releasing the India Rankings 2017

The President Pranab Mukherjee, will be releasing the India Rankings 2017 report on April 10 at a function to be held at Rashtrapati Bhavan.

He will also present awards to top-ranked institutions i.e. top 10 in overall category & toppers in the stream-wise categories -Engineering, Management etc.

The National Institutional Ranking Framework was introduced in 2016 to rank Indian Universities.

 

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