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HEAD TURNERS THIS WEEK After the phenomenal response to the previous Week’s DigiNote,

We’vemade 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 ECONOMIC TIMES

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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 government’s 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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Chetri’s 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 bats for

legalising betting in cricket

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Wipro appoints Abidali Neemuchwala as CEO

Abidali Neemuchwala, 48, group president of India’s third largest software exporter, Wipro, has been appointed as the company’s 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 Year’s gift for Adnan Sami

It will be an apt New Year’s 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 Ministry’s 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.

Nepal’s 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 women’s 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 Chopra’s Quantico role earns her

People’s Choice Award

Bollywood actress and former Miss World, Priyanka Chopra, has won the ‘Favourite Actress in a New TV series’ award at the People’s 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.

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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