23 February 2014 Current Affairs Updates For Bank Exams

1. Satisfied with G20 outcome: Chidambaram


Satisfied with the outcome of G20 meeting, Finance Minister P. Chidambaram on Sunday said India’s concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.

“The communique has been drawn by the deputies sitting together and our concerns have been fully reflected in the communique,” he told PTI in an interview after conclusion of the G20 Finance Ministers and Central Bank Governors meet.

The Minister said “yes”, when asked whether he was satisfied with the G20 communique.

2. Indian government proposes 'Youth Connect Programme' to implement NYP-14


For the effective implementation of the National Youth Policy-2014, the Government of India has recommended that all the relevant ministries should set up a mandatory "Youth Connect Programme" to educate the youth about the various schemes and programmes available to them that are administered by the concerned ministries.

Given the fact that youth comprise 27.5 per cent of the population, and represent a large proportion of the target segment of most of the ministries, it is important to ensure that the key ministry departments communicate with the youth and must work in a coordinated manner to facilitate holistic youth development.

Congress Vice-President Rahul Gandhi and Sports Minister Jitendra Singh had, on Friday, unveiled two ambitious projects -- 'National Youth Policy 2014' and 'Rajiv Gandhi Khel Abhiyan' -- which focus on education, skill development, employment, entrepreneurship and health.

The NYP 2014 is a comprehensive policy document that states the vision of the Government of India for the youth of the country and also how this vision is sought to be realised by the government. NYP-2014 caters to the needs of the youth in the age-group of 15-29 years.

3. Seemandhra MPs urge Kiran Kumar Reddy to float new party


Seemandhra MPs, expelled from Congress, and other party leaders on Sunday urged Andhra Pradesh caretaker Chief Minister N. Kiran Kumar Reddy to launch a new political outfit.

"We fought (in Parliament) and Chief Minister in the Assembly. Our fight should not go waste. We told him to start a new party. He will also talk to MLAs tomorrow," MP GV Harsha Kumar told reporters here.

Another expelled MP Sabbam Hari also said Reddy would continue his consultations with MLAs and others tomorrow and a conclusion can be reached thereafter.

Reddy had resigned from his post on February 19 in protest against the division of Andhra Pradesh and the way the AP Reorganisation Bill was pushed through in Parliament.

Governor ESL Narasimhan has asked Kiran Kumar Reddy and his council of ministers to continue in their posts till alternative arrangements are made.

The Congress leadership and the Centre have not yet taken a decision on formation of a new government in AP or imposing President's rule in the state.

The Andhra Pradesh Reorganisation Bill was passed in Parliament last week and now awaits President's assent.

4. Bharatiya Mahila Bank & NIA ink MoU for health policies:

Bharatiya Mahila Bank (BMB) and New India Assurance have inked an MoU to provide three customised package health insurance policies from the general insurance major. These policies are named BMB Sakhee, BMB Nirbhaya and BMB Parivar Suraksha.

Bharatiya Mahila Bank  is the financial services banking company based in New Delhi, India. India's Prime Minister Manmohan Singh inaugurated the system on 19 November 2013 on the occasion of the 94th birth anniversary of former Indian Prime Minister Indira Gandhi. Although initially reported as a bank exclusively for women, the bank will allow deposits to flow from everyone, but lending will be predominantly for women. India will be the third country in the world to have bank especially for women. Pakistan, Tanzania already have an exclusive bank for women.

5. Sri Lankan Parliament passed a law that makes mandatory graphic warning on Cigarette packs

Sri Lankan Parliament on 19 February 2014 passed a law that made it mandatory to put graphic warning on cigarette packs.




6. Mahatma Gandhi's grandson Rajmohan joined AAP:

Aam Aadmi Party (AAP) got a shot in the arm when Rajmohan Gandhi, grandson of Mahatma Gandhi, joined the party on Friday. "The party is vehemently opposed to corruption and this is what I liked in it. There is a disparity between the rich and poor and this also reflects in poor. "If a common man joins and also becomes a part of politics then this is a welcoming step," Gandhi, son of Devdas Gandhi and maternal grandson of C Rajagopalchari said.


7. Somdev Devvarman beats Donskoy to reach Delhi Open final


 Somdev Devvarman earned himself a shot at his third ATP Challenger title as he fought past Evgeny Donskoy in straight sets to breeze into the final of the ONGC-GAIL Delhi Open, here on Saturday.

The second seed and 96th ranked Indian avenged his last week's defeat against the Russian fourth seed with a 6-4 6-2 win in an hour and 28 minutes in the semifinal of the USD 100,000 tournament at R K Khanna Tennis Stadium.

It was the third meeting between the two players. Somdev had won the first time they played last year in Miami Masters but lost to the 114th-ranked Russian last week in the semifinals of the Kolkata Challenger.

Somdev last won a Challenger level title in 2010 at the Izmir event in Turkey.

8. U-19 World Cup: India set 222-run target for England

India scored 221/8 in their 50 overs in the ICC Under-19 World Cup quarterfinal against England at the Dubai International Cricket Stadium at Dubai International Cricket Stadium on Saturday.

India were reeling at 24/4 in the ninth over when skipper Vijay Zol (48) played a patient 85-ball knock to take his side to safety.

The defending champions kept losing more wickets but top scorer Deepak Hooda (68) and a late surge by Sarfaraz Khan, who remained unbeaten on 52, helped India reach a respectable 200-par total.

English pacer Matthew Fisher clinched three wickets in his quota of 10 overs while Jack Winslade, Rob Sayer and Ryan Higgins took a wicket apiece.

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