Bank Current Affairs (February 2017)

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CURRENT Issue’s:-
Highlights of Union Budget 2017-18
The 2017 Union Budget, presented by Finance Minister Arun Jaitley on Wednesday, was broadly focused
on 10 themes — the farming sector, the rural population, the youth, the poor and underprivileged health
care, infrastructure, the financial sector for stronger institutions, speedy accountability, public services,
prudent fiscal management and tax administration for the honest. This is the fourth budget by the
Narendra Modi government.
Following are the highlights of Mr. Jaitley's Budget speech:
Demonetisation
a) Demonetisation is expected to have a transient impact on the economy.
b) It will have a great impact on the economy and lives of people.
c) Demonetisation is a bold and decisive measure that will lead to higher GDP growth.
d) The effects of demonetisation will not spillover to the next fiscal.
Agriculture sector
a) Sowing farmers should feel secure against natural calamities.
b) A sum of Rs. 10 lakh crore is allocated as credit to farmers, with 60 days interest waiver.
c) NABARD fund will be increased to Rs. 40,000 crore.
d) Government will set up mini labs in Krishi Vigyan Kendras for soil testing.
e) A dedicated micro irrigation fund will be set up for NABARD with Rs 5,000 crore initial corpus.
f) Irrigation corpus increased from Rs 20,000 crore to Rs 40,000 crore.
g) Dairy processing infrastructure fund will be initially created with a corpus of Rs. 2000 crore.
h) Issuance of soil cards has gained momentum.
i) A model law on contract farming will be prepared and shared with the States.
Rural population
a) The government targets to bring 1 crore households out of poverty by 2019.
b) During 2017-18, five lakh farm ponds will be taken up under the MGNREGA.
c) Over Rs 3 lakh crore will be spent for rural India. MGNREGA to double farmers' income.
d) Will take steps to ensure participation of women in MGNREGA up to 55%.
e) Space technology will be used in a big way to ensure MGNREGA works.
f) The government proposes to complete 1 crore houses for those without homes.
g) Will allocate Rs. 19,000 crore for Pradhan Mantri Gram Sadak Yojana in 2017-18.
h) The country well on way to achieve 100% rural electrification by March 2018.
i) Swachh Bharat mission has made tremendous progress; sanitation coverage has gone up from 42%
in Oct 13 to 60% now.
For youth
a) Will introduce a system of measuring annual learning outcomes and come out with an innovation
fund for secondary education.
b) Focus will be on 3,479 educationally-backward blocks.
c) Colleges will be identified based on accreditation.
d) Skill India mission was launched to maximise potential. Will set up 100 India International centers
across the country.
e) Courses on foreign languages will be introduced.
f) Will take steps to create 5000 PG seats per annum.
For the poor and underprivileged health care

a) Rs. 500 crore allocated for Mahila Shakthi Kendras.
b) Under a nationwide scheme for pregnant women, Rs. 6000 will be transferred to each person.
c) A sum of Rs. 1,84,632 crore allocated for women and children.
d) Affordable housing will be given infrastructure status.
e) Owing to surplus liquidity, banks have started reducing lending rates for housing.
f) Elimination of tuberculosis by 2025 targeted.
g) Health sub centers, numbering 1.5 lakh, will be transformed into health wellness centers.
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h) Two AIIMS will be set up in Jharkhand and Gujarat.
i) Will undertake structural transformation of the regulator framework for medical education.
j) Allocation for Scheduled Castes isRs. 52,393 crore
k) Aadhaar-based smartcards will be issued to senior citizens to monitor health.
Infrastructure and railways

a) A total allocation of Rs. 39,61,354 crore has been made for infrastructure.
b) Total allocation for Railways is Rs. 1,31,000 crore.
c) No service charge on tickets booked through IRCTC.
d) Raksha coach with a corpus of Rs. 1 lakh crore for five years (for passenger safety).
e) Unmanned level crossings will be eliminated by 2020.
f) 3,500 km of railway lines to be commissioned this year up from 2,800 km last year.
g) SMS-based ''clean my coach service'' is put in place.
h) Coach mitra facility will be introduced to register all coach related complaints.
i) By 2019 all trains will have bio-toilets.
j) Five-hundred stations will be made differently-abled friendly.
k) Railways to partner with logistics players for front-end and back-end solutions for select
commodities.
l) Railways will offer competitive ticket booking facility.
m) Rs. 64,000 crore allocated for highways.
n) High speed Internet to be allocated to 1,50,000 gram panchayats.
o) New Metro rail policy will be announced with new modes of financing.
Energy sector
a) A strategic policy for crude reserves will be set up.
b) Rs. 1.26,000 crore received as energy production based investments.
c) Trade infra export scheme will be launched 2017-18.
Financial sector
a) FDI policy reforms - more than 90% of FDI inflows are now automated.
b) Shares of Railway PSE like IRCTC will be listed on stock exchanges.
c) Bill on resolution of financial firms will be introduced in this session of Parliament.
d) Foreign Investment Promotion Board will be abolished.
e) Revised mechanism to ensure time-bound listing of CPSEs.
f) Computer emergency response team for financial sector will be formed.
g) Pradhan Mantri Mudra Yojana lending target fixed at Rs 2.44 lakh crore for 2017-18.
h) Digital India - BHIM app will unleash mobile phone revolution. The government will introduce two
schemes to promote BHIM App - referral bonus for the users and cash back for the traders.
i) Negotiable Instruments Act might be amended.
j) DBT to LPG consumers, Chandigarh is kerosene-free, 84 government schemes are on the DBT
platform.
k) Head post office as the central office for rendering passport service.
l) Easy online booking system for Army and other defence personnel.
m) For big-time offences - including economic offenders fleeing India, the government will introduce
legislative change or introduce law to confiscate the assets of these people within the country.
Fiscal situation
a) Total expenditure is Rs. 21, 47,000 crore.
b) Plan, non-plan expenditure to be abolished; focus will be on capital expenditure, which will be
25.4 %.
c) Rs. 3,000 crore under the Department of Economic Affairs for implementing the Budget
announcements.
d) Expenditure for science and technology is Rs. 37,435 crore.
e) Total resources transferred to States and Union Territories is Rs 4.11 lakh crore.
f) Recommended 3% fiscal deficit for three years with a deviation of 0.5% of the GDP.
g) Revenue deficit is 1.9 %
h) Fiscal deficit of 2017-18 pegged at 3.2% of the GDP. Will remain committed to achieving 3% in the
next year.
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Funding of political parties
a) The maximum amount of cash donation for a political party will be Rs. 2,000 from any one source.
b) Political parties will be entitled to receive donations by cheque or digital mode from donors.
c) An amendment is being proposed to the RBI Act to enable issuance of electoral bonds .A donor can
purchase these bonds from banks or post offices through cheque or digital transactions. They can
be redeemed only by registered political parties.
Defence sector
a) The defence sector gets an allocation of Rs. 2.74,114 crore.
Tax proposals
a) India’s tax to GDP ratio is not favourable.
b) Out of 13.14 lakh registered companies, only 5.97 lakh firms have filed returns for 2016-17.
c) Proportion of direct tax to indirect tax is not optimal.
d) Individuals numbering 1.95 crore showed an income between Rs. 2.5 lakh to Rs. 5 lakh.
e) Out of 76 lakh individual assesses declaring income more than Rs. 5 lakh, 56 lakh are salaried.
f) Only 1.72 lakh people showed income of more than Rs. 50 lakh a year.
g) Between November 8 to December 30, deposits ranging from Rs. 2 lakh and Rs. 80 lakh were made
in 1.09 crore accounts.
h) Net tax revenue of 2013-14 was Rs. 11.38 lakh crore.
i) Out of 76 lakh individual assesses declaring income more than Rs 5 lakh, 56 lakh are salaried.
j) 1.95 crore individuals showed income between Rs. 2.5 lakh to Rs. 5 lakh.
k) Rate of growth of advance tax in Personal I-T is 34.8% in the last three quarters of this financial
year.
l) Holding period for long term capital gain lowered to two years
m) Proposal to have a carry-forward of MAT for 15 years.
n) Capital gains tax to be exempted for persons holding land from which land was pooled for
creation of the state capital of Andhra Pradesh.
o) Under the corporate tax, in order to make MSME companies more viable, there is a proposal to
reduce tax for small companies with a turnover of up to Rs 50 crore to 25%. About 67 lakh
companies fall in this category. Ninety-six % of companies to get this benefit.
p) The government proposes to reduce basic customs duty for LNG to 2.5% from 5%.
q) The Income Tax Act to be amended to ensure that no transaction above Rs 3 lakh is permitted in
cash.
r) The limit of cash donation by charitable trusts is reduced to Rs 2,000 from Rs 10,000.
s) Net revenue loss in direct tax could be Rs. 20,000 crore.
Personal income tax

a) Existing rate of tax for individuals between Rs.2.5 to Rs.5 lakh is reduced to 5% from 10%.
b) All other categories of tax payers in subsequent brackets will get a benefit of Rs. 12,500.
c) Simple one page return for people with an annual income of Rs.5 lakh other than business income.
d) People filing I-T returns for the first time will not come under any government scrutiny.
e) Ten % surcharge on individual income above Rs.50 lakh and up to Rs.1 crore to make up for Rs.
15,000 crore loss due to cut in personal I-T rate. 15 surcharge on individual income above Rs.1
crore to remain.
Source:-
 Dr. Anil Kakodkar, former chairman of Atomic Energy Commission recommended to set
up the safety fund is based on the high-level safety review committee. The Ministry of
Railway has proposed the Finance Ministry to create a non-lapsable safety fund named
‘Rashtriya Rail SanrakshaKosh’ over 5-years with initial corpus of Rs. 20000 crore and
contribute a portion to fund it in the Budget 2017
 The Union Minister for Panchayati Raj and Rural Development, Narendra Singh Tomar stated
that the Ministry of Defence is set to open its Defence Unit in Morena district of Madhya
Pradesh.The unit would be set up in Kailaras and Sabalgarh tehsil areas and span over
969.735 hectare of land at a cost of Rs. 1500 crore.
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 UN children's agency UNICEF has launched an appeal for 3.3 billion US Dollar to help 48
million children caught up in crises worldwide amid fears of a funding cut from top donor
the United States. This year's appeal represents a 18% increase from the initial request for
funding in 2016.Donors contribute to the appeals on a voluntary basis. The United States is
by far the top donor to UNICEF, followed by Germany, Britain and the European Commission.
According to UNICEF, almost one in four of the world's children now lives in a country
affected by conflict or disaster.
 "Apple’s decision on initial manufacturing in Bengaluru has further enhanced the reputation
of Bengaluru as the most preferred destination for foreign investment," the Karnataka
government said. Tech giant Apple has reached an agreement with the Karnataka government
to set up a manufacturing plant in Bengaluru, Karnataka. Apple is expected to start
production for the Indian market in April.
 As a core element of its transformation journey 'FutuReady', Tata Motors presented on 02nd
February 2017 its new Passenger Vehicle strategy and introduced its new sub-brand. Tata
Motors will act as anraising center of innovation towards new technologies, business models
and partnerships in order to define future mobility solutions. The first product developed by
TAMO will premiere at the upcoming 87th Geneva International Motor Show on March 7,
2017.
 The Women and Child Development Ministry has received a nearly 26 per cent increase in
budget allocation this year with the total money set aside climbing to Rs 22,095 crore from
Rs 17,640 crore last year. The amount accounted for 'Indira Gandhi MatritvaSahyog Yojana'
saw 4 times jump with Rs 2,700 crore being set aside this year as compared to Rs 634 crore
in 2016-17. As per this scheme Rs 6,000 will be provided for mothers who seek traditional
delivery and vaccination.
 The global airlines’ grouping has stated that domestic India market topped the growth chart
for the second year in a row with passenger volumes surging twice as that of China.
“Domestic air travel rose 5.7 per cent in 2016. Capacity rose 5.1 per cent and load factor was
82.2 per cent, up 0.5 percentage points over 2015. Emerging as a stand-out performer, India
witnessed the highest growth of 23.30% in domestic air travel demand worldwide in 2016
twice that of neighboring China, according to International Air Transport Association
(IATA).
 A 240-KM broad-gauge railway line connecting two major islands, with bridges and stations
along the coast, will be part of an ambitious rail link connecting Port Blair with Diglipur on
the Andaman and Nicobar Islands. A first in the country that will bring the archipelago on
the rail map. The Railway Ministry is set to approve the project, which will connect the Union
Territory’s capital city in the south with the largest town on the north Andaman island
currently linked by a 350-km bus service.
 As per the new study conducted by scientists in collaboration with the UN Food and Agricultural
Organization (FAO), two new groups of wheat rust have been identified the threat in wheat
produced of Africa, Asia and Europe in 2016. The 2 new groups have been identified as yellow
rust and stem rust. The finding calls for the need for early detection and rapid action to keep
the fungus under control.
 The Supreme Court has approved the government plan to record the identification details of
mobile subscribers through an e-KYC (Know Your Customer) mechanism linked to Aadhaar in a
bid to enhance national security and prevent fake users. A Bench led by Chief Justice of India
J.S. Khehar asked the government, represented by Attorney-General Mukul Rohatgi, to put in
place the mechanism within a year. The mechanism would cover at least 100 crore mobile phone
subscribers, 90% of whom use pre-paid cards.
 The 23rd edition of International Conference and Exhibition on Terrestrial & Satellite
Broadcasting was held in New Delhi. The 3-day conference was organized by the Broadcast
Engineering Society (India). The theme of the conference is 'Hybrid Technologies in
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Broadcasting New Opportunities'. In this EXPO, nearly 300 companies from 25 countries
displayed their products directly or through their dealers and distributors in India.
 Union Minister Jitendra Singh said Over 13,000 specially-abled people or 'Divyangs'(persons
with disability) have been given jobs in various central government departments. Efforts are
on to fill all the 15,694 vacant in the central government, he said. "About 83.5 per cent
(13,401) of 15,694 vacant posts meant for Divyangs have been filled".
 China has surpassed Germany to become the world’s largest producer of solar energy after
nearly doubling its installed photovoltaic capacity in 2016. With the increased capacity,
China generated 66.2 billion kilowatt-hours of energy last year, which however accounted
for only 1% of its electrical output. The country further plans to double its current solar
energy capacity by 2020.
 Gujarat has become the 1ststate in the country for establishing the cashless system in its
public distribution system (PDS) of food grains. The beneficiaries who are eligible for
subsidised food grains under the National Food Security Act (NFSA) will now need to carry
only Aadhaar cards for getting their food grains in Gujarat. According to the Food ministry,
there are over 81 crore beneficiaries under NSAI in the country.
 The global pact proposed by India to boost services trade at the WTO-level aims to ease
norms including those relating to movement of foreign skilled workers and professionals
across borders for short-term work. India presented the proposed Trade Facilitation in
Services (TFS) Agreement to the World Trade Organisation (WTO) Director General Roberto
Azevedo and India Inc. in an event organized by Confederation of Indian Industry in New
Delhi.
 The theme 2017 BRICS association of Brazil, Russia, India, China and South Africa to be held
in Xiamen, China in September 2017.“BRICS: Stronger Partnership for a Brighter Future,”. It
will also feature five key priorities such as deepening cooperation, strengthening global
governance, carrying out people-to-people exchanges, making institutional improvements
and building broader partnerships.
 The 34-year-old Folk singer from Punjab Satinder Sartaaj has team up with other famous
Indian musicians like AR Rahman and Sonu Nigam in this drive to spread awareness about
the illegal practice through 'Music to Inspire' album against human trafficking 'Blue Heart
Campaign' by the United Nations Office on Drugs and Crime (UNODC).
 The record-breaking sculpture was built with a message of world peace, and featured
sculptures of Mahatma Gandhi, Gautama Buddha and Nelson Mandela. Sand artist Sudarsan
Pattnaik has created a Guinness World Record by making a 48.8 feet tall sand castle at Puri
beach in Odisha. Patnaik achieved the rare feat in four days. The previous record holder, an
American, had completed his art of 45.10 feet in seven days.
 In 2011, the UNESCO General Conference had proclaimed February 13 as World Radio Day,
the day United Nations Radio was established in 1946. Radio is the most prevalent mass
medium, with the ability to reach up to 95% of the world’s population.Prime Minister
Narendra Modi extended his greetings on the World Radio Day on 13 February 2017. Terming
radio as “a wonderful way to interact, learn & communicate”, the PM stated. The theme for
the 2017 edition of World Radio Day was 'Radio is You'.
 The vision of NWP is to enable and encourage social, political and economic empowerment of
women in all divisions of the society. The 3 day National Women’s Parliament, being
organised by Andhra Pradesh Legislative Assembly with the theme of ‘Empowering Women -
Strengthening Democracy’, began in the state capital region Amaravati. One of the
objectives of NWP is to generate new ideas, concepts, theories and ideologies for women
empowerment. An ‘International Woman Icon of the World’ award and 12 best young
achiever’s awards for women in different fields had presented at the NWP.
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 Mangalore Refinery and Petrochemicals Ltd (MRPL) launched a skill development centre
(Kaushal Vikas Kendra) in Mangaluru. Speaking at the launch programme, H Kumar,
Managing Director of MRPL stated that the centre will train 60 youths in areas such as
‘industrial electrician’ and ‘CNC operator-turning’.He also stated that all expenses,
including food, lodging, tutorial expenses, will be tolerated by MRPL Kaushal Vikas Kendra.
MRPL has got the approval to launch a start-up fund of 10 crore, which will be used to
support the new ventures and start-ups. At another function, Nalin Kumar Kateel, MP from
Dakshina Kannada, launched the smoke-free village campaign of MRPL. As a part of oil and
gas conservation month, MRPL has identified villages under four panchayats in its
surroundings to make them smoke-free. Under this campaign, families in the below poverty
level category are identified and given free LPG kits and gas stoves. MRPL will bear the cost
of the gas kit and the gas stove provided to these beneficiaries. In the 1stphase, the company
distributed free LPG kits to nearly 200 families from Soorinje and Chelaru village
panchayats.
 Law and IT minister Ravi Shankar Prasad said reporters that venture fundhas approved Rs
6,831 for electronics development. We have given seed capital of Rs 681 crore on the basis of
which more venture capital will be raised. The Electronic Development Fund will help to
contribute to various other funds under it for those who invest the money in companies for
creation of intellectual property rights in the field of electronics and IT.
 The Food Safety and Standards Authority of India (FSSAI) has set up a 11-member scientific
panel to frame final regulations on fortification of foods and prepare strategies to address
malnutrition problem. Fortification means deliberately adding or increasing the content of
essential micro nutrients in food items to improve quality. The Food Safety and Standards
Authority of India (FSSAI) has already issued the draft guidelines on fortification for five food
items including salt, milk, wheat flour, rice and edible oil to boost production and
consumption of fortified foods.
 India’s first cashless township “Gujarat Narmada Valley Fertilizers and Chemicals (GNFC)
township” was inaugurated by Gujarat CM Vijay Rupani. Nearly 10,000 residents in GNFC
have embraced various digital mode of payments instead of cash. In the township, residents
are making cashless payments at shopping centres, schools, colleges, hospital, stadium,
laundry and even at tea stalls.
 Rufous-tailed Rock Thrush is considered an autumn passage migrant bird species in
Pakistan and India. With this the total number of avian species in the Himalayan country to
866. A Rufous-tailed Rock Thrush has been spotted in the high mountainous region of Nepal
by Friends of Nature (FoN) researchers and then confirmed by the bird experts Carol Inskipp
and Hem Sagar Baral.
 The five-mile long, 16-feet wide bicycle-only pathway – dubbed “the winding viaduct” –
has been built in the city of Xiamen. During an initial month-long trial period, it will be open
from 6.30am to 10.30pm, covering the city’s five major residential areas and three business
centres. The route can carry 2,023 cyclists per hour, while 300 hire bikes are available for
people who do not have bicycles. Large sections will be sheltered underneath an elevated
motor vehicle expressway and 30,000 lights will illuminate the cycleway during the night.
 In the United States, National Security Adviser Michael Flynn has resigned over his contacts
with Russia. Mr Flynn is alleged to have discussed US sanctions with the Russian Ambassador
before President Donald Trump took office.
 Nomura expects the economic growth to slow from 7.3% GDP growth in the July-September
2016 to 6% in the October-December 2016 quarter and further to 5.7% in the first quarter of
2017 ending March 2017. However, the growth is also expected to recover after the first
quarter of 2017 due to remonetization and wealth redistribution. According to the global
financial services major Nomura, the GDP growth of India is estimated to remain low at 5.7%
in the January-March quarter due to the effect of demonetization of high value currency.
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 A new district of Kalimpong was carved out of Darjeeling. West Bengal CM Mamata Banerjee
declared Kalimpong as 21st district of West Bengal Kalimpong as separate district. On the
same day Banerjee announced two projects for the development of newly created Kalimpong
Rs 220 crore road link project to connect Kalimpong with Sikkim via the old Silk Route.
 India has become one of the nine members of the new ‘Network for Improving Quality of
Care for Maternal, Newborn and Child Health’ that aims to improve the quality of care for
new mothers and babies. The global health network is supported by World Health
Organisation (WHO), UN International Children’s Fund (Unicef) and other partners.Besides
India the other member nations of the network includes, Bangladesh, A Cote d’Ivoire,
Ethiopia, Ghana, Malawi, Nigeria, Tanzania and Uganda. The main aim of the network is to
strengthen national efforts to improve the quality of care for new mothers and babies so that
countries can achieve the Sustainable Development Goals targets to end preventable
maternal, newborn and child deaths by 2030.
 PSU Bharat Electronics Ltd (BEL) has unveiled a new communication radio for the Indian
armed forces, called STARS-V Mk III, at the Aero India 2017 show. MV Gowtama, CMD of BEL
stated that the radio is completely designed, developed and made in BEL. It is a multi brand,
high data rate, software intensive IP radio with mobile ad hoc networking (MANET) functions
supporting up to 64 notes, stated the firm in a statement.
 This is the 1sttime TED is collaborating with a network and mega-star to produce a TV series
featuring original TED Talks in a language other than English. Uday Shankar, Chairman &
CEO, Star India, stated that, In an age of high volatility, the role of ideas to fuel positive
change cannot be overstated. We are delighted to have Bollywood’s megastar Shah Rukh Khan
share our vision and lend his charisma to this exciting Endeavour.
 The Kerala cabinet gave its in-principle approval for setting up a Greenfield Airport at pilgrim
centre Sabarimala located at the Periyar Tiger Reserve in the Western Ghat mountain ranges
of Pathanamthitta District, Kerala.The state government has also directed Kerala State
Industrial Development Corp (KSIDC) to conduct a study on the proposed airport.
 Cabinet Approvals
 The Union Government chaired by Prime Minister Shri Narendra Modi approved setting
up of Food Legumes Research Platform (FLRP) at Amlaha, Sehore in Madhya Pradesh for
meeting the emerging food security challenges.
 The Cabinet approved the signing of Air Services Agreement between India and Rwanda
which will enable the airlines of the two countries to operate services in each other’s’
territory.
 The Cabinet Committee on Economic Affairs gave its approval to award contract in 31
contract areas under Discovered Small Fields Policy 2016 undertaken last year
 The Union Cabinet approved the merger of the State Bank of India with its 5 subsidiary
banks namely State Bank of Bikaner and Jaipur; State Bank of Hyderabad; State Bank of
Mysore; State Bank of Patiala and State Bank of Travancore.
 In Madhya Pradesh 'Mil Banche’ programme was held in all the primary and middle
government schools. Chief Minister Shivraj Singh Chouhan, his minister colleagues, public
representatives and other dignitaries took classes in these schools to motivate
children.After taking class, they urged students to adopt good virtues and set a big target
for the life. He also shared his memories and experiences with students.
 Union Human Resource Development Ministry has stated that to avail benefit under the
Central Sector Scholarship Scheme for College and University students, applicants will now
have to furnish proof of possession of Aadhaar card or undergo Aadhaar
authentication. HRD ministry notification issued in New Delhi stated that those who are
receiving these scholarships but don't have an Aadhar card will have to apply for enrolment
by June 30th,2017. It is, however, not applicable in Jammu and Kashmir.
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 The Vyas Samman is a literary award in India, first awarded in 1991 . It is awarded annually
by the K.K. Birla Foundation and includes a cash payout of Rs 250,000 (as of 2005).To be
eligible for the award, the literary work must be in the Hindi language and have been
published in the past 10 years.Renowned Hindi litterateur and playwright Surinder Verma
for poetry collection "Kaatna shami ka vriksha padma-pankhuri ki dhar se" has been selected
for the prestigious Vyas Samman 2016.This novel was published in the year 2010.
 National Regulatory Authority of India (NRAI) has been given the maximum ratings by the
World Health Organisation for vaccine regulations.Union Health Secretary C K Mishra said
India is one of the largest manufacturers and exporters of vaccines world-wide, is currently
supplying several vaccines to the UN agencies (UNICEF, WHO and PAHO).An official
statement stated that in New Delhi WHO completed the assessment of the status of the
Indian vaccine regulatory system against WHO NRA Global Benchmarking Tool and measured
the maturity of the system in India. India is one of the main players in the pharmaceutical
industry worldwide.
 Sandeep Kumar of Haryana won the gruelling men's 50-kilometre event of the National Race
Walking Championships held in New Delhi. Sandeep smashed his own national record in a
brilliant performance to win the race and qualify for the London World Championships in
August.
 The Indian Navy's second sailboat 'Tarini' was inducted into service at a ceremony in
Goa. The vessel is slated to be the platform for the first Indian all-women global
circumnavigation by the Indian Navy to begin in August.The Indian Navy is operating four
sailing vessels capable of open ocean deployments - Tarangini, Sudarshini, Mhadei and
Tarini, all four of which have been built in shipyards at Goa.The boat is skippered by
Lieutenant Commander Vartika Joshi and crew members.
 RP Shah, one of the three General Managers of BCCI, resigned from his post citing his age as
a “reason”. Shah was the General Manager (Commercial) and was considered to be one of the
big decision makers in board’s commercial interest.
 Microsoft and Flipkart entered into a strategic partnership to expand e-commerce in India,
the announcement was made by Satya Nadella and Binny Bansal--the chief executive officers
of Microsoft and Flipkart respectively--at a Microsoft event held in the Bengaluru. Under the
terms of the agreement, Microsoft Azure will function as the official cloud platform
for Flipkart, which will add a layer of advanced cloud technologies and analytics to
the e-commerce giant.
 Indian Cinema movie NEWTONdirected by Amit Masurkar was honored with the Art Cinema
Award in the Forum Segment at the 67th Berlin International Film Festival held in Berlin,
Germany. Over 43 films were screened in the Forum segment out of which 29 had their
world premiere. The film is produced by Manish Mundra of Drishyam Films, company best
known for bankrolling critically-acclaimed projects such as Masaan, AnkhonDekhi and
Umrika.
 Union Minister for Railways Suresh Prabhu on Tuesday commissioned Indian Coast Guard
ship 'Shaunak', built by Goa Shipyard Limited, in the port town of Vasco. 'Shaunak', an
offshore patrol vessel is designed to carry one twin-engine light helicopter, five high-speed
boats and for carrying out swift boarding operations, search and rescue, law enforcement
and maritime patrol. The ship on joining Coast Guard Fleet will be based at Visakhapatnam
and deployed extensively for Exclusive Economic Zone surveillance and other duties," Mr.
Prabhu said.
 Telecom operator Bharti Airtel will acquire the business of Telenor India for an
undisclosed sum in all seven circles where it holds spectrum. Airtel on Thursday said it had
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“entered into a definitive agreement with Telenor South Asia Investments Pte Ltd to acquire
Telenor (India) Communications Private Limited.” As a part of the agreement, Airtel will
acquire Telenor India’s running operations in Andhra Pradesh, Bihar, Maharashtra, Gujarat,
UP (East), UP (West) and Assam. The customers of Telenor India will now be able to enjoy a
range of Airtel’s world-class products and services,” Gopal Vittal, Managing Director and
CEO of India and South Asia, Bharti Airtel.
 The world's first robot table tennis tutor in Japan has set a new Guinness World Record
for its uncanny ability of being able to play the game better than most humans. FORPHEUS
(Future Omron Robotics Technology for Exploring Possibility of HarmonisedaUtomation with
SinicTheoretics) has officially been given the Guinness title for its unique technological
intelligence and educational capabilities. According to the project's lead developer
TakuOya, from Omron Corporate.
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APPOINTMENTS:-
SR.NO POST NAME Department/Company
APPOINTMENTS by GOVERMENT Bodies
African Union Commission
01) Moussa Faki Mahamat
head
02) Director Alok Kumar Verma (Former CBI (Central Bureau of
Delhi Police Commissioner) Investigation)
03) Principal Economic Adviser Sanjeev Sanyal (Former Department of Economic
Global Strategist and Affairs
Managing Director of
Deutshe Bank)
04) CEO and Managing Director Vikram Limaye (chief of National Stock Exchange
Infrastructure Development (NSE)
Finance Company-IDFC)
05) Managing Director Hemant Bhargava (LIC) of India
06) Chairman Ajay Tyagi Securities and Exchange
Board of India (SEBI)
07) High Commissioner to Vikas Swarup Ministry of External
Canada Affairs (MEA)
08) Director Prof Neelu Rohmetra IIMs
09) President Sandeep Jajodia Assocham (Monnet Ispat
& Energy Ltd)
10) Ambassador of lndia Narinder Chauhan (Former Republic of the
IFS officer) Philippines
11) President Frank-Walter Steinmeier Germany
12) Non-executive Chairman Sunil Mehta Punjab National Bank
(PNB)
13) Executive Director Neelam Damodaran Bank of India
14) Technical Delegate Norman Isaac International Basketball
Federation (FIBA)
15) National Security Advisor Lt Gen Herbert Raymond US
McMaster
16) Vice President Mehriban Aliyev Azerbaijan
17) Chairman Justice Abhay Manohar Cauvery Water Disputes
Sapre Tribunal (CWDT) (INDIA)
18) Finance Advisor Taditui Rangleu Zeliang Nagaland
(Former Nagaland Chief
Minister)
19) Member of the International Saina Nehwal Badminton World
Olympic Committee's (IOC) Federation (BWF)
APPOINTMENTS of Private Companies
20) Chairman and CEO Arun M Kumar KPMG India ("Klynveld
Peat Marwick
Goerdeler.")
21) Chief Executive Officer Jennifer Purdie Adani Group(Australia)
(CEO)
22) Ambassador Diego Maradona FIFA
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BANKING AWARENESS: -
 Fiscal deficit in the first 9 months of 2016-17 touched 93.9% of the Budget estimate. The
fiscal deficit had stood at 87.9% in the corresponding same period a year ago, the gap
between expenditure and revenue for the entire fiscal, has been fixed at 3.5% of the GDP, for
the fiscal 2016-17. According to data released by the Controller General of Accounts, tax
revenue was 71.4% of the full-year budget estimate. The revenue deficit during April-
December 2016 stood at 100.1% of the budget estimate.
 The bank credit growth rate is likely to float between 5-6% in the current fiscal year (2017)
and as debt market continues to offer better priced, according to a report of the rating
agency, ICRA. Besides, the deposit rate was also projected to drop to 12% from the current
14.7% this fiscal ending March 2017 due to better cash flow in the system and cut in the
deposit rate by the banks.
 Finance Minister Arun Jaitley announced a huge hike of Rs 1 lakh crore in the credit target for
the next financial year to Rs 10 lakh crore as part of the government's efforts to double farm
incomes in the next 5 years. The target for agricultural credit in 2017-18 has been fixed at a
record level of Rs 10 lakh crore, Jaitley stated in his Budget speech. The government
provides short-term crop loans up to Rs 3 lakh at subsidised interest rate of 7% per annum.
An additional incentive of 3% is provided to farmers for prompt repayment of loans within
due date, making an effective interest rate for them at 4%. The Finance Minister noted that
the agriculture sector is expected to grow at 4.1% during the current financial year on good
monsoon. Sowing of both kharif and rabi crops has been higher. Jaitley said the allocation for
new crop insurance scheme 'Pradhan Mantri Fasal Bima Yojana', which was launched in 2016,
has been increased to Rs 13,240 crore this financial year from budgeted Rs 5,500 crore. The
allocation for the next financial year has been earmarked at Rs 9,000 crore.
 To augment income of farmer’s budget has proposed setting-up of a Dairy Processing and
Infrastructure Development Fund with a corpus of Rs 8,000 crores over three years. Dairy is
an important source of additional income for the farmers. A Dairy Processing and
Infrastructure Development Fund would be set-up in NABARD with a corpus of Rs 8,000
crores over 3 years stated Finance Minister Arun Jaitley during his budget speech, 2017.
 The Union Budget has allocated Rs. 10,000 crore towards recapitalisation of public sector
banks in FY2017-18. Under Indradhanush roadmap announced in 2015, the government
stated to infuse Rs. 70,000 crore in state banks over four years while they will have to raise a
further Rs. 1.1 lakh crore from the markets to meet their capital requirement in line with
global risk norms, known as Basel III. In line with the blueprint, public sector banks have
been given Rs. 25,000 crore in each fiscal, 2015-16 and 2016-17. Besides, Rs. 10,000 crore
each would be filled in 2017-18 and 2018-19.
 Finance Minister Arun Jaitley has proposed creation of a six-member Payments Regulatory
Board in the RBI, headed by RBI Governor Urjit Patel as part of bringing about structural
reforms in the payment eco-system. For the purpose, necessary amendments are proposed in
the Finance Bill 2017 to create a Payments Regulatory Board in the Reserve Bank of India by
replacing the existing Board for Regulation and Supervision of Payment and Settlement
Systems. In his Budget Speech, Jaitley stated a Committee on Digital Payments constituted by
Department of Economic Affairs has recommended structural reforms in the payment eco
system, including amendments to the Payment and Settlement Systems Act, 2007.
 India is expected to clock a GDP growth of 7.1 per cent in 2017-18 as the country gets
sufficiently remonetised and the schemes in the Budget play a supportive role, says an HSBC
(Hongkong and Shanghai Banking Corporation) report. The uptick in the growth numbers
would be largely driven by the remonetisation process which is expected by April end as this
in turn would boost the consumption levels in the country. HSBC India chief economist
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Pranjul Bhandari said "We expect GDP to grow at 7.1 per cent year-on-year in 2017-18, up
from 6.3 per cent in 2016-17, as the country gets sufficiently remonetised (by April-end), and
consumption moves back to pre-demonetisation levels,".
 The Ujjivan Small Finance Bank officially started its operation with 5 pilot branches in
Bengaluru. Samit Ghosh is the MD and CEO of the Ujjivan Small Finance Bank. The 5 pilot
branches of the Ujjivan SFB would offer full services to its customers. The Ujjivan Small
Finance Bank Small Finance Bank will test its technology, channels, people and processes for
a period of one month as a part of its pilot launch. The Bank aims to launch about 14
branches by March 2017 and extend services across 457 branches in 24 states in a planned
and phased manner over the next few months.
 RBI governor Urjit Patel led Monetary Policy Committee (MPC) kept the key repo rate
unchanged at 6.25% in the 1stmonetary policy review of 2017 and after Budget 2017. Limit on
cash withdrawal from savings banks accounts to be relaxed in 2 stages. From 20 February,
2017 limit to be increased from Rs 24k to Rs 50K. From 13 March, 2017 there will be no limit
on cash withdrawal from savings bank accounts. 9.92 lakh crore new notes infused into
market as on January 27, 2017.Inflation seen at 4-4.5% for April-September,2017. For
January-March, 2017 CPI stay below 5%.Policy rates as on 8th march 2017:
(a) Repo Rate- 6.25% (b) Reverse Repo Rate- 5.75%
(c) Marginal Standing Facility Rate- 6.75% (d) Bank Rate- 6.75%
Reserve Ratio: (a)CRR- 4% (b) SLR- 20.50%
 In a bid to strengthen cyber security system, the Reserve Bank (RBI) decided to set up an
inter-disciplinary panel on cyber security to examine various threats and suggest measures
to deal with it. The panel will review the threats inherent in the existing or emerging
technology on an ongoing basis. Besides, it will also study the adoption of various security
standards/protocols and also act as the interface with stakeholders. The committee will
suggest appropriate policy interventions strengthen cyber security and resilience. The
decision has been taken based on the recommendations of the expert panel on information
technology examination and cyber security headed by Meena Hemachandra.
 To give a leg up to micro, small and medium enterprises (MSME) in the diamond industry,
Bank of Baroda is planning to launch a supply chain financing product for the industry on a
pilot basis in Surat. Cutting and polishing units, which procure roughs from large companies
and supply finished products back, will be provided finance at a competitive rate of interest.
This move is expected to give a boost to MSMEs as well as the corporate segment within the
diamond industry, said Rajneesh Sharma, General Manager, Bank of Baroda. The product will
be launched in the next 10-20 days.
 Union Government has decided to launch ‘Indradhanush 2.0’ for recapitalisation of public
sector lenders so that the banks remain solvent and fully comply with the global capital
adequacy norms namely Basel-III. The Indradhanush 2.0 programme will be finalised by
Reserve Bank of India (RBI) after completion of Asset Quality Review (AQR) being
undertaken and is likely to be completed by end of March 2017.Asset Quality Review is being
undertaken to recognize the top defaulting accounts as Non-Performing Assets (NPA) and
make adequate provisions for them as they have negative impact on banks and their stocks.
Post AQR, revised programme of capitalisation will be also issued as part of ‘Indradhanush
2.0.Earlier in 2015, under Indradhanush roadmap, the government had announced to infuse
Rs 70,000 crore for recapitalization in state-run banks over four years while the banks had to
raise a further Rs 1.1 lakh crore from the markets to meet their capital requirement in line
with global risk norms known as Basel-III.
 Life insurance firm, HDFC life launched a traditional life insurance plan 'Pragati' for low
income group people. The plan has been designed especially to empower low income
families by making the plan available at affordable rate to every person who has the desire to
secure his family. Pragati will offer dual benefit. Firstly, a systematic savings with
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guaranteed premium returns and secondly a wholesome life protection making it an ideal
financial product for every Indian household.
 The Union government has increased the Cash Credit (CC) limit for Micro, Small and Medium
Enterprises (MSMEs) to 30% of turnover from the existing 20% to encourage them to conduct
businesses digitally. Through digital means of conducting the business, the balance sheet of
companies would be clean and this would help MSMEs to get loans from banks and promote
Ease of Doing Business. Presently the taxes for MSMes are calculated at 8% for revenue of up
to Rs 2 crore. With digital transaction, tax liability will be reduced from 8% to 6%.
 Mangaluru based private sector lender Karnataka Bank Ltd launched National Pension System
(NPS) at its corporate office in Mangaluru. To provide financial security at old age by giving
regular income in the form of pension. Under the scheme, one can contribute to NPS while
earning and eventually start receiving pension on his/her attaining the age of 60 years to
meet their financial needs. To avail the benefit, any individual between the ages 18-60 years
can register their name with the bank branch to contribute and to get pension benefit.
 Leading global payments and technology firm, MasterCard is set to provide payments
processing solution to Airtel Payments Bank. The payment processing platform will enable
the Airtel Payment Bank in providing various payment services like switching, card
management along with support for reconciliation and dispute management processes.
 Country's largest lender State Bank of India (SBI) has rebranded its corporate website as
"bank.sbi" from the earlier sbi.co.in. Bank. sbi is the highest domain protocol, known as
generic top level domain (gTLD). The adoption of gTLD enables an organisation to use its
corporate name. sbi as their website’s top-level identifier instead of using a more traditional
".com" or ".co.in" domains. The existing web address will remain active till customers become
familiar with operating through the new address. With this, SBI has become the first banking
organisation in India to use a gTLD for its internet presence. This is expected to provide
enhanced security to its customers.
 Standalone health insurer Apollo Munich Health Insurance expanding its footprint across
the country with bancassurance tie-up with state-owned Dena Bank. Under the tie-up, the
bank will distribute customized Apollo Munich Health insurance and personal accident
policies to the bank's 20 million customers nationwide.
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SCIENCE &TECHNOLOGY: -
 Researchers have discovered microscopic sea animal Saccorhytus, the earliest known
ancestor of humans along with a vast range of other species. The exquisitely well preserved
fossilised traces of this 540-million-year-old creature were discovered. This balloon-like sea
is the earliest known step on the evolutionary path that led to fish and eventually to humans.
 The Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri
Piyush Goyal launched the TAMRA (Transparency, Auction Monitoring and Resource
Augmentation) portal and Mobile Application in New Delhi. TAMRA Portal and Mobile
Application aims to enhance the transparency and Piyush Goyal accountability in the mining
sector as a part of the Ease of Doing Business. The initiative will speed up mining activity in
India and enable all the stakeholders to track the status of the statutory clearances
associated with mining blocks for getting mines to reach till operationalization for the same.
 The Union Minister of Science and Technology and Earth Sciences Harsh Vardhan released
the world’s first comprehensive Braille atlas for nearly 50 lakh visually challenged people in
New Delhi, India. This is for the first time that such atlas has been prepared for physically
challenged with such minute details. The Braille Atlas has been prepared by National Atlas
and Thematic Mapping Organisation (NATMO) under Department of Science & Technology.
The Braille atlas has 20 maps on different themes like physical, socio-economic, river
system, crops pattern, natural vegetation, cultural, metropolitan areas, roads and railways,
soil types and crops.
 The PSLV, in its 39th flight (PSLV-C37), will launch the 714kg Cartosat-2 series satellite for
earth observation along with 103 co-passenger satellites, together weighing about 664kg at
lift-off. PSLV-C37/Cartosat-2 Series Satellite Mission is scheduled to be launched on February
15, 2017 at 9.28 hours IST from SDSC SHAR Sriharikota. The co-passenger satellites comprise
101 nano- satellites, one each from Israel, Kazakhstan, the Netherlands, Switzerland, United
Arab Emirates (UAE) and 96 from United States of America (USA), as well as two from India.
The two Indian nano-satellites are Isro’s INS-1A and INS-1B.
 Indian Navy’s survey class vessel INS Sarvekshak has become the 1ST ship in India to be
fitted with solar power system on board. The ship has been equipped with 18 sheets of
solar panel of 300 Watt which is capable of generating 5.4 kW power.
 The Global Gene Corp and Global Alliance for Genomics and Health (GA4GH) launched an
Indian Beacon for Indian genomics data to enable the scientists in developing more effective
drug delivery systems. It was launched by the Indian deputy high commissioner to the UK,
Dinesh Patnaik at the Welcome Trust Sanger Institute in Hinxton, Cambridge shire. A beacon
is an online web service that allows researchers to determine whether an institution has
particular genomic data in its data set. Genomics is the science that will define healthcare in
our lifetime.
 Looking at the unprecedented response which SECAS received during its journey, DST in
collaboration with MoEFCC and DBT, Govt. of India, decided to run the ninth phase of Science
Express once again as on the theme ‘Climate Change’ as SECAS II. The ninth phase of the
Science Express as SECAS II is scheduled to run from 17 Feb. to 08 Sept. 2017, over 19000 km
during which it will be exhibited at 68 stations across India. SECAS focuses on Climate
Change and Science & Technology. The exhibition will convey a message about Climate
Change and will also be a good opportunity to generate dialogue and discussion. The SECAS
II is a unique collaborative initiative of Department of Science & Technology (DST), Ministry
of Environment, Forest & Climate Change (MoEFCC), Department of Biotechnology (DBT),
Ministry of Railways, Govt. of India; Wildlife Institute of India (WII) and Vikram A Sarabhai
Community Science Centre (VASCSC).
 India Vetiver Network (INVN) has been launched at Tamil Nadu Agricultural University here.
Sources said that INVN is a not-for-profit scientific network to promote vetiver in India.
Vetiver has worldwide application to tackle many environmental issues like soil erosion,
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mitigation of soil and water pollution. The mission of INVN is environmental protection
using vetiver. Promotion of research in vetiver — identification of varieties, improved
production technologies and distillation techniques.
 Aero India has already carved a niche for itself globally as a premier aerospace exhibition,
with tenth successful editions organised since 1996. In Aero India 2015, the participation of
exhibitors from 33 countries with 644 companies (326 overseas + 318 domestic) and 46
overseas delegations were accommodated over a gross exhibition area of 108,250 sqm, which
was nearly 44% more than the previous edition held in 2013. The eleventh edition of Aero
India will be held at Air Force Station, Yelahanka, Bengaluru from 14 to 18 Feb 2017. Aero
India 2017 will provide a significant platform in bolstering business opportunities in
International aviation sector. It has favorably poised an exponential growth over previous
edition. A rapidly growing economy, defence preparedness challenges and opening up of
defence production to private sector, have given a major fillip to the defence industry in
India. It has also become a hub centre for defence business in the Asia. Hindustan
Aeronautics Limited (HAL), signed a Memorandum of Understanding (MoU) with Central
Public Works Department (CPWD) for execution of infrastructure development works at HAL’s
new Greenfield helicopter facility at Tumakuru.
 Indian Space Research Organisation (ISRO) has successfully ground tested its indigenously
developed Cryogenic Upper Stage engine for GSLV Mark III at its Liquid Propulsion Complex
at Mahendragiri in Tirunelveli district of Tamil Nadu. The C25 stage is the most powerful
upper stage developed by ISRO and uses Liquid Oxygen and Liquid Hydrogen propellant
combination. The development of C25 cryogenic stage will provide ISRO capability to launch
four-ton class satellites in Geosynchronous Transfer Orbit.
MOBILE APPLICATION’s: -
 A mobile app developed by Alibaba helped Chinese authorities recover 611 missing children
last year. The 'Tuanyuan' app, which means 'reunion' in Chinese, sends push notifications
with photos and descriptions to users who are close to the location of a child's
disappearance. The notifications are sent to users farther from the location of the
disappearance till the child is found.
 On the occasion of the 75th Foundation Day, Oriental Bank of Commerce (OBC) has come up
with several digital offerings including launch of mobile wallet ‘Oriental Batuaa’. Besides
introducing a new version of mobile banking, OBC has also launched two new cards. While
the Oriental Premium card is a RuPay based Platinum international debit card with
airport lounge access, the other card-Oriental Prepaid Card is a RuPay card for
individuals and corporates. Besides it has also launched 2MSME schemes are ‘Oriental
Sanjeevani’ and ‘Oriental Budget Hotels and Restaurants’. Oriental Sanjeevani is a
specialised scheme for doctors for setting up new hospitals and clinics. The other scheme is
for individuals, proprietors, companies etc. for setting up new hotels, restaurants, lodges,
motels etc.
 At a time when cyber-attacks are increasing Union Minister of Electronics and IT Ravi Shankar
Prasad launched Cyber Swachhta Kendra in New Delhi for Botnet cleaning and Malware
analysis as a part of digital India initiative.He also launched two mobile apps. Mkavach to
protect smart phones and tablets from hackers. Samvid to protect Desktops from suspicious
applications from running.
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MOU’s/AGREEMENT’s: -
 The private sector lender Lakshmi Vilas Bank in partnership with Bangalore based fin-tech
startup firm Fisdom, has launched a mobile application Mission FINFIT to offer the customers
of the bank financial planning and personal wealth management services based on Robo
advisory. The mobile app would enable the customer of the bank to plan their finances in an
effective manner using the online platform for wealth management thus encouraging them to
invest smarter.
 A Tripartite Memorandum of Understanding (MoU) was signed among the Ministry of
Tourism, M/s NPCC & NBCC and Government of J&K on for the implementation of Tourism
projects in Jammu and Kashmir. As a part of the new initiative, Development of Tourism in
the State New Projects, the Ministry of Tourism has sanctioned two projects, one each to
NPCC and NBCC in the J&K which will be implemented by September 2017.The first project
sanctioned to M/s NBCC includes Integrated Development of Tourist facilities at Gulmarg
Baramulla Kupwara Leh. The total outlay of the project is Rs. 96.62 Crore. The project under
M/s NPCC includes Integrated Development of Tourist facilities at Mantalai Sudhmahadev
Patnitop in Jammu & Kashmir. The total outlay of the project is Rs. 97.82 Crore.
 Public sector lender Bank of Maharashtra has partnered with insurance company Cigna TTK
(Tiruvellore Thattai Krishnamachari) Health to market the insurer’s products in the bank’s
branches across the entire country. Under the agreement, the bank will offer the all of Cigna
TTK’s superior health insurance products to its 2 crore customers through its network of
over 1,896 branches, its 14,000 bank employees across the country as well as through its
digital platforms.
 India’s third largest private bank, Axis Bank has tied up with Earthport Plc, a cross-border
payment network, to enable faster outbound cross-border payments for its customers
through Earthport’s state-of-the-art global payments network. Axis Bank has become the first
bank in India to connect with Earthport’s global payments network, which spans over 60
countries.
 In an effort to strengthen the bilateral relations between India and UAE, the Indian Coast
Guard Ship (ICGS) Samudra Pavak made a goodwill visit at the Mina Al Rashid (Dubai Port)
from February 4 to 7, 2017.The Indian Ambassador in UAE Navdeep Suri visited the Indian
Navy ship on February 5, 2017. During the stay at port Rashid, a series of activities is
scheduled to take place between Indian and UAE coast guard. As a part of the visit, a joint
exercise is scheduled to take place between Indian coast guard and UAE coast guard to
enhance co-operation and exchange of operational expertise.
 Federal Bank has partnered with leading online data and information portal Commodity
Online for the distribution of loans against warehouse receipts and collateral management
services across the country. Commodity Online will roll out an agri commodity financing
platform through its flagship portal www.commodityonline.com where farmers and traders
can track commodity markets and warehouses online and get financing for their
commodities quickly. According to Mohan K, Deputy General Manager (SME &Agri), Federal
Bank, the bank’s partnership with Commodity Online enables it to aggressively get into the
online space to provide financing for agri commodities with collateral management across
India.
 In a novel initiative that would push digitalisation and cashless economy, Bank of Baroda
(BOB) has tied up with IFFCO, a cooperative, to provide co-branded debit cards with inbuilt
overdraft facilities to the farmers. In this regard, a memorandum of understanding (MoU) was
signed between G.B.Panda, General Manager (government relationship) BOB and Yogendra
Kumar, General Manager (Marketing) IFFCO. Under this MOU, two lakh co-branded debit cards
will be issued to the farmers beginning with the state of Uttar Pradesh, Bihar, Rajasthan and
Madhya Pradesh. Subsequently more cards will be issued across rest of India. These co-
branded debit cards will be exclusively used for the purchase of IFFCO products only.BOB
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has agreed to issue the co-branded debit cards to the farmers with an overdraft limit of Rs.
2,500 per cardholder.BOB will also provide 2500 PoS machines initially at the various
locations across India recommended by IFFCO at mutually agreed terms and conditions.
 ICICI Securities, a subsidiary of ICICI Bank, has entered into a strategic partnership with Saxo
Bank, an online multi-asset trading and investment specialist. This partnership will offer
Saxo's trading and investment capabilities via a digital platform to Indian investors. It will
enable ICICI Securities' 4 million clients of ICICIdirect.com to diversify their investments
outside of the domestic Indian market and access multi-asset investment opportunities on 36
stock exchanges across 24 countries, through SaxoTraderGo. Clients opting for these services
to invest outside India will gain access to third party research with Tradingfloor.com.
 Private sector lenders HDFC Bank and Kotak Mahindra Bank are live with the Bharat Bill
Payment System (BBPS) that is aimed at easing utility and other repetitive bill payments for
consumers. The BBPS is a centralised system created by the National Payments Corporation,
involving banks and non-banks and allows agents to access bill payments services in an
interoperable manner, HDFC Bank stated. A customer can pay multiple bills from a single
platform without the hassle of visiting multiple websites or issuing individual cheques, or
also registering billers with her bank for standard instructions for debit.
 India and Austria signed a protocol to amend the existing bilateral taxation treaty for
Avoidance of Double Taxation and the Prevention of Fiscal Evasion. The protocol was signed
between Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on behalf of India
and Embassy of Austria Charge d’ Affaires Georg Zehetner behalf of Austria. The protocol will
broaden the scope of the existing framework of the exchange of tax related information. This
will help to curb tax evasion and tax avoidance between the two nations as well as enable
mutual assistance in relation to collecting taxes.
 Addressing the need of pacing up constructions with skilled labour that would result in
quicker delivery and hand over, PNB Housing Finance Limited (PNBHFL) has signed an MOU
with CREDAI West Bengal to train 1000 construction workers in Kolkata and nearby
villages. CREDAI-Bengal would also be setting up permanent (off-site) skill development
centres in Medinipur and Murshidabad - places with the huge concentration of construction
labour.
 Private sector lender IDFC Bank has collaborated with fintech startup India Lends to enable
first-time borrowers who do not have a credit history to take loans. Loan requests by salaried
applicants without credit history will now be processed on a real-time basis. The unique
solution is being offered through a tie-up with India Lends, a financial technology startup.
 The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance has
entered into four more unilateral Advance Pricing Agreements (APAs) on 08th February 2017.
The four APAs signed pertain to the Manufacturing, Financial and Information Technology
sectors of the economy. The international transactions covered in these agreements include
Contract Manufacturing, IT Enabled Services and Software Development Services. With this,
the total number of APAs entered into by the CBDT has reached 130. This includes 8 bilateral
APAs and 122 Unilateral APAs. In the current financial year, a total of 66 APAs (5 bilateral
APAs and 61 unilateral APAs) have already been entered into. The CBDT expects more APAs to
be concluded and signed before the end of the current fiscal.
 Finland multinational communications and information technology company Nokia
announced to buy telecoms software firm Comptel for 347 million euros ($371 million). The
aim of the acquisition to help phone carriers manage their networks as mobile and more and
more rely on software to improve their networks.
 The Reliance Defence and Engineering Ltd (RDEL) has signed a Master Ship Repair Agreement
(MSRA) with US Navy to perform repair and alteration services for US Navy’s Seventh Fleet
vessels. The Reliance Infrastructure Ltd (RInfra) controlled RDEL will perform complex repair
and alternation services for the US Navy’s Seventh Fleet vessels operating in the Western
Pacific and Indian Ocean. The Reliance Shipyard was qualified by US Navy as an approved
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contractor to perform complex repair for the US Navy’s Seventh Fleet vessels in January
2017.Reliance Shipyard at Pipavav, Gujarat is the first shipyard in India to have received
MSRA Certification to undertake servicing and repairing works for the vessels of Seventh
Fleet.
 Larsen & Toubro Limited (L&T), an Engineering and construction major has entered into a
Joint Venture with European defence major MBDA Missile Systems. The main aim of the JV is
development of missiles in India under the Make in India initiative while procuring the
missile systems from abroad. As per the agreement, L&T will own 51 percent stake in the JV
named L&T MBDA Missile Systems while the rest 49% the European partner. L&T is targeting
an annual turnover of Rs 10,000 crore from the JV by 2021.
 India's leading agri and FMCG Company Ruchi Soya Industries Ltd has signed an agreement
with Baba Ramdev-promoted Patanjali Ayurved Ltd for physical refining and packaging of
edible oils. The agreement is valid initially for three years. As per the agreement, Ruchi Soya
Industries would process the crude oil provided by Patanjali Ayurved and pack the refined
oil as per their specifications.
 France based UNESCO organised the two-day Nature Fest at the World Heritage Site Great
Himalayan National Park (GNHP) at Sairopa in Kullu district in the state of Himachal Pradesh.
The festival was organised in collaboration with the Wildlife Institute of India (WII) and would
be attended by prominent conservationists. A media workshop held on the side lines and
Discussion on nature conservation to discuss various aspects of environmental journalism.
 International Finance Corporation (IFC), part of the World Bank Group, has teamed up with
Finance Industry Development Council (FIDC) to conduct training programmes for Non-
Banking Finance Companies (NBFCs).The training programmes will be on 'movable asset
financing' and 'commercial credit reporting'. For this purpose, two engagement letters have
been signed between IFC and FIDC, a representative body for NBFCs, especially those
engaged in asset financing. Such programmes are expected to enhance the awareness,
expertise and professionalism of NBFCs, especially the large number of small and medium
sized NBFCs catering to the credit needs in rural and semi-urban areas. These training
programmes would be conducted at various centres across the country under the guidance of
leading consultants from the World Bank Group.
 Union Commerce and Industry Minister Nirmala Sitharaman and Martina Dalic, Deputy Prime
Minister and Minister of the Economy, Republic of Croatia have signed an agreement to boost
bilateral trade and enhance economic cooperation in Zagreb, Croati. To promote and develop
bilateral trade and economic relations. This Agreement would be a step-in continuity of the
previous agreement which expired in November, 2009. India’s bilateral trade with Croatia
during 2013-14, 2014-15 and 2015-16 stood at USD 148.86 million, USD 205.04 million and
USD 148.44 million respectively.
 During the recent CII partnership summit in AP 12 MoUs were signed by the State
Government with different companies for setting up 12 apparel units in the State entailing
investment of Rs. 963 crores in all and generating 46,000 jobs. These 12 projects will come
up in the next one to one-and-a-half years. Four of the units will come up in the Brandix
apparel park, including two by Chinese companies, five units in Anantapur district and the
remaining in Chittoor district. The Andhra Pradesh Government is encouraging the textile
sector in a big way and entrepreneurs should make use of the benefits being offered by the
State as well as the special package given by the Union Government in the Budget to set up
more units, according to K. Srikanth Prabhakar, the Joint Director in the office of the
Commissioner of Handlooms and Textiles, AP Government.
 Suguna Foods has, with deployment of Tata DoCoMo data connectivity solutions managed to
achieve operational efficiency across its offices in rural areas. The company, according to a
release faced typical connectivity challenge as its offices are located in remote areas. Tata
DoCoMo provided domestic Multiprotocol Label Switching (MPLS) to Suguna Foods in
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Coimbatore and 42 sites with traditional MPLS and 7 sites of Xpress Virtual Private Network
(VPN).
 The multinational Airbus Group division Airbus joined hand with Telangana government,
National Skill Development Corporation Airbus signs MoU for setting up centre of excellence
in Hyderabad. India and AEROCAMPUS France for establishing a Centre of Excellence at
Begumpet Airport for aerospace skill development in Hyderabad. To enhance the
employability of young aspirants by imparting the required skills to them.
 Axiscades, a aerospace and defence technologies company and Virtual Reality Media a
Slovakian firm have signed an industrial cooperation agreement (ICA) at the Aero India
2017.Sudhakar Gande, Vice-Chairman of Axiscades, stated in a statement that Under the ICA,
both companies will evaluate opportunities for full flight simulator for the aerospace and
defence sector and to address the requirements for Russian platforms such as the Dornier
228 aircraft and other platforms.
 The Reserve Bank will start reimbursing MDR charges to banks for payments made since
January 1 through debit cards by citizens, in line with the government's move to further
digital solutions. In December 2016, the government had decided to absorb the merchant
discount rate (MDR) charges in respect of debit card transactions for making payments to it.
The move was aimed to encourage people to use digital payments post demonetisation.
 The Reserve Bank of India increased the gold loan limit for RRBs (Regional Rural Banks) to Rs
2 lakh from the current Rs 1 lakh to help the farmers and artisans have access to credit who
are willing to pledge gold as collateral. The limit has been doubled for the loans not
exceeding 12 months from the date of sanction. Besides, the facility will be available with
bullet repayment scheme. Under the scheme, while interest will be charged on a monthly
basis on the total outstanding, it will become due for payment along with principal only at
the end of 12 months from the date of sanction. However, RBI has also directed that the gold
loans should not exceed 75% of the value of the gold pledged for taking the loan.
 Tata Motors Ltd and Microsoft India entered into strategic agreement to collaborate on the
technology front for making driving a more personalized experience for the customers. As
per the agreement, Microsoft will make use of its IoT (internet of things), AI (artificial
intelligence) and machine learning technologies to develop a highly personalized, smart
vehicle for the customers. The first vehicle showcasing such technological advancements will
be unveiled at the Geneva International Motor show on March 7, 2017. The tie-up will act as a
new revenue opportunity for the company as car buyers increasingly look for value-added
services.
 Bangalore based Public sector Canara Bank has signed a Memorandum of Understanding
(MoU) with the Human Resource Development (HRD) Ministry to operationalize the Higher
Education Financing Agency (HEFA). The establishment of the Higher Education Financing
Agency (HEFA) was approved by the Union Cabinet in September 2016.Through this MoU,
HRD Ministry and Canara Bank will jointly promote the HEFA with an authorised capital of Rs.
2,000 crore.
 Malaysia-based low-cost airline AirAsia has signed a Memorandum of Understanding (MoU)
with the Odisha government to start two-way direct international flights from Bhubaneswar
to Kuala Lumpur. The agreement was signed between Nitin Bhanudas Jawale, Director of
Tourism Air Asia signs MoU with Odisha Government for two-ways Direct Flights Department
in Odisha and AirAsia Chief Executive Officer (CEO) Aireen Omar. The airline will begin its
flight service from the Biju Patnaik International Airport by end of March 2017.
 Raytheon Company has signed a memorandum of understanding (MoU)with Tata Advanced
Systems Ltd (TASL) to engage in the co-production of Stinger air defence missile components.
Agreement with Tata Advanced Systems deepens industrial partnership in India with a global
technology leader and will expand the range of options and capabilities for US and coalition
forces to achieve their missions
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 Maini Precision Products (MPP) and Marshall Aerospace and Defence Group, Cambridge, UK,
have entered into a multimillion dollar contract for structural machined parts and sub-
assemblies for a major aircraft programme. With this contract, MPP is now positioned as the
single source from India to support Marshall for their manufacturing requirements for the
duration of this program.
 Odisha based National Aluminium Company Limited(NALCO) has signed Memorandum of
Understanding (MoU) with The Energy and Resources Institute (TERI) in New Delhi. Objective
of the agreement is to Scientific, technological and educational activities in the area of
mining rehabilitation. The agreement will further strengthen initiatives being undertaken
under Sustainable Development Framework (SDF).
 Jharkhand government and Microsoft India has inked an MoU for the state government to
explore cloud, machine learning and mobile based solutions to improve citizen services and
provide better facilities in the fields of education and agriculture. The MoU was signed at the
‘Momentum Jharkhand: Global Investors’ Summit & Trade Exhibition’
 The CA Institute’s Accounting Research Foundation (ARF) has signed an agreement with
Indian Railways for the national rollout of accrual accounting in Railways. According to the
agreement accrual accounting will be introduced at 17 Railway zones and 8 production units
across the country.
 Bangalore has been chosen to host the next Davis Cup Asia-Oceania Zone group-1 tie against
Uzbekistan from April 7 to 9, 2017.As per the announcement made by the All India Tennis
Association (AITA) the tie clash will be held on the hard courts of Karnataka State Lawn
Tennis Association (KSLTA) in Bangalore.
 Apollo Hospitals Foundation will provide medical support to forest department employees
and local communities in the areas where WWF-India operates for conservation. The medicare
will be available to over 27,000 staff and people in about 17 states of WWF-India
operations. They will be provided with medical treatment, including air ambulance services
in critical and emergency conditions. The World-Wide Fund for Nature (WWF) is an
international non-governmental organization working on issues regarding the conservation,
research and restoration of the environment, formerly named the World Wildlife Fund, which
remains its official name in Canada and the United States. WWF Headquarters-Gland,
Switzerland. Slogan-"For a Living Planet".
 FMCG major Britannia Industries has signed an MoU with Greece’s cakes and confectionery
major Chipita and is in advance stage of discussion to finalise definitive agreements,
including a joint venture. Chipita is already operating in India. The company has been
operating outside Greece since 1995 by setting up manufacturing plants in Bulgaria, Portugal
and Egypt, followed by Poland, Romania, Russia and Saudi Arabia and more recently India,
and Turkey.
 Ministry of Textiles and Ministry of Social Justice and Empowerment have come together to
step up interventions for the economic development of an estimated 12 lakhs scheduled
caste artisans. A MoU was signed between Development Commissioner (Handicrafts), Ministry
of Textiles and National Scheduled Castes Finance and Development Corporation (NSFDC)
with the objective of working together to improve the earnings of artisans across the
country, belonging to Scheduled Castes categories.
 Small Industries Development Bank of India (SIDBI) has signed a Memorandum of
Understanding (MoU) with Vijaya Bank for providing concessional finance to micro and small
enterprises (MSEs).The MoU aims at promoting and strengthening units in the MSE segment
through concessional funding that is at the marginal cost of funds-based lending rate (MCLR)
of Vijaya Bank under refinance from SIDBI.
 The Telangana Government led by K. Chandrashekar Rao signed a Memorandum of
Understanding (MoU) with NABARD for a loan of Rs 874 crore. This loan will be used for
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Horticulture Development Corporation to cover 3.15 lakh acres under Micro Irrigation
scheme for 2016-17 and 2017-18.
 For the first time, Confederation of Indian Industry (CII) has signed a Technology Partnership
MoU with two Singapore agencies International Enterprise (IE) Singapore and the Singapore
Business Federation (SBF) to promote expertise in expanding businesses.It will help build
platforms to forge partnerships that connect our small enterprises and startups
 The chief minister Chandrababu Naidu and Microsoft CEO Satya Nadella singed an MoU
during an event called ‘Microsoft Future Decoded’ in Mumbai. Under the MoU, Microsoft
Azure Stack for the first time in the world will be used to migrate live applications currently
hosted in Hyderabad State Data Centre (SDC) to Vizag data centre.
 The National Association of Software and Services Companies (NASSCOM) has signed a
Memorandum of Understanding (MoU) with the IoT Acceleration Consortium (ITAC) Japan. To
collaborate to address digital technology shifts and accelerate IoT (Internet of Things)
adoption at a global level across the industry.
 Haryana based Oriental Bank of Commerce has signed a corporate agency agreement with
Chennai based general insurance provider Cholamandalam General Insurance Company for
distribution of insurance products. The insurance products include motor, health, home and
travel.
 German Sportswear giant Adidas announced its ties up with FIFA U-17 World Cup Local
Organizing Committee for the Mission XI Million programme.
 Food technology company Gorb has partnered with cab aggregator Ola to offer food to
consumers at discounted rates in Mumbai. As per the deal, Ola riders will receive a code via
SMS and mail every time they book a cab, which can be availed on the Gorb app or website to
order food. The offer, valid till April 30, 2017 will provide a discount of Rs. 100 on a
minimum order value of Rs. 200. Launched in 2016, Gorb is a food-tech startup with a tagline
‘Jaisa Mood Waisa Food’.
DEATH’s:-
Person Died Profession/Famous In? Person Died Profession/Famous In?
Former Union
Renowned Pakistani
Minister and Indian
Shri Edappakath Ahamed BanoQudsia Urdu novelist and
Union Muslim
League leader
playwright
Jambuvantrao
Joginder Singh Former CBI chief Former M.P
Dhote
Legendary
Russia’s Ambassador
Al Jarreau American jazz Vitaly Churkin
to the United Nations
singer
Veteran Freedom TV Veteran Indian
Racharla Samrajyam
Fighter Parasuram journalist
‘Colonel’ Nizamuddin Indian National Former Chief Justice
Altamas Kabir
Auliya Armyveteran of India
UK physicist and V. K.
Sir Peter Mansfield Economist
Nobel laureate Srinivasan
Japanese manga Ved Prakash Famous Hindi
Jiro Taniguchi
writer/artist. Sharma Novelist
Eminent Thinker, Nobel-winning
Pandit Dharmsheel Kenneth J
Writer and economist,
Chaturvedi Arrow
Journalist mathematician
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SPORT’s:-
 India's Lakshya Sen has become the World No 1 Junior Badminton player. He achieved the
distinction in the latest rankings of the Badminton World Federation (BWF). Fifteen-year-old
is the first shuttler from Uttarakhand to attain the numerouno spot at the international
level. Lakshya, who is considered as the shining future star of Indian badminton, moved
ahead of Chia Hao Lee of the Chinese Taipei, to attain the top spot. According to BWF current
rankings, Lakshya has 16,903 points in eight tournaments he has played in the season. Chia
Hao, who is at the second spot, has 16,091 points.
 Champion cueist Pankaj Advani has won the Indian National Snooker Championship with a
6-0 win over Pandurangaiah of Railways in a one-sided final on 03rd February 2017. Apart
from clinching his 29th national title overall, Advani broke several other records. He became
the only Indian men’s cueist to be the holder of all national billiards and snooker titles at
the same time – Billiards, 6-red Snooker and 15-red Snooker. After marching into the finals
of the snooker nationals with a 5-2 victory over Sundeep Gulati of New Delhi, Advani put on
a flawless show of precision in the summit clash, leaving the spectators at the PYC Hindu
Gymkhana mesmerised.
 Despite the change of guard at the Board of Control for Cricket in India (BCCI), the Indian
board continued to oppose the International Cricket Council's (ICC) new changes to the
financial model and governance structure on 04th February 2017. The changes that the
BCCI, represented by Vikram Limaye, a member of the new Committee of Administrators, is
currently opposing are amongst the same changes that were recommended in 2014 with
respect to a larger share of ICC's revenue to be given to India.
 The Union Minister for Sports Vijay Goel laid the foundation stone of the country's first
centre of excellence for differently abled sportsmen at Gandhinagar, Gujarat. The centre is
proposed with an estimate of 50 crores rupees and will provide World class facilities such as
indoor halls, dedicated tracks and 100 bedded hostels where para athletes will be trained for
various international competitions including Paralympics. The Minister also inaugurated a
sports training centre at Sports Authority of India campus in Gandhinagar. Around 50
differently abled sportspersons between age group 8-12 will be imparted training in
Athletics, Swimming and power lifting at the training centre.
 India to host FIBA Women's Asia Cup basketball tournament at Bengaluru in July, 2017.
Basketball Federation of India (BFI) President K Govindaraj stated that continental flagship
tournament for women will be held from July 23 to 29, 2017. India has also been given
another continental level tournament-the FIBA U-16 Women's Asian Championship - which
will be held from October 22 to 28, 2017 in Hyderabad. This will be the first time since 2009
that India will host a major FIBA (International Basketball Federation) event.
 Indian skipper Virat Kohli, who led his side to victory against England in all three formats of
the game recently, has featured in the latest cover star of the bible of cricket - Wisden
Cricketers' Almanack. Kohli becomes only the third Asian origin player after Tendulkar and
England all-rounder Moeen Ali to be featured on the cover of the magazine.
 The Billiards and Snoooker Federation of India (BSFI)informed that India will host the World
Billiards Championship for the next four years. In 2016, the World Billiards Championship
was held in Bengaluru. In the prestigious tournament, Pankaj Advani won in the 150-UP
format beating Peter Gilchrist of Singapore. The Billiards and Snooker Federation of India
(BSFI) is the central authority that deals with the growth and development of cue sports in
India.
 Alastair Cook has resigned as England Test captain after a record 59 matches in the role.
Cook tendered his resignation to England and Wales Cricket Board (ECB) chairman Colin
Graves, but intends to continue playing Test cricket. Cook, England's leading scorer in Tests
with 11,057 runs, became captain in August 2012.He has led England in a record 69 one-day
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internationals between 2010 and 2014. He has been the country's most capped Test skipper
and has scored more Test centuries than any previous captain.
 Sourabh Verma clinched the Men’s Singles title defeating Lakshya Sen in the 81st Senior
National Badminton Championships tournament played in Patna. Sourabh beat Lakshya Sen
21-13, 21-12. Rituparna Das claimed the Women's Singles title defeating Reshma Karthik in
the tournament. Second seed Rituparna defeated 9th seed Reshma 21-12, 21-14. In Women's
doubles event, the pair of Aparna Balan and Prajakta Sawant clinched the title defeating the
pair of Shikha Gautam and Sanyogita Ghorpade 21-9, 21-11. In the mixed doubles, the duo of
Satwik Sai Raj and Maneesha K defeated Venkat Gaurav Prasad and JuhiDewangan 21-14, 21-
18 to claim the title. In Men's doubles event, the duo of Satwik Sai Raj and Chirag Shetty
clinched the title defeating Nand Gopal K and Sanyam Shukla 21-17, 16-21 and 21-16.
 India’s top-order batsman Cheteshwar Pujara added another feather to his cap on the 1st day
of the Hyderabad Test at Rajiv Gandhi International Stadium against Bangladesh. During his
knock of 83 runs, Pujara surpassed the 52-year long-standing record of former Indian
cricketer Chandu Borde of highest first-class runs in a single cricketing season. Borde had
scored 1604 runs in the 1964-65 season that included runs in Tests as well as first-class
matches. When Pujara scored his 83rd run, he eventually surpassed Borde’s record by a run
and now has 1605 runs in the season with India still to play 4 more Test matches to play
against Australia at home.
 The Minister of State (I/C) for Youth Affairs and Sports Shri Vijay Goyal launched the Mission
XI Million, the biggest school sport outreach programme, in New Delhi in the presence of
President of AIFF Shri Praful Patel. The programme has been launched with an aim to make
football a sport of choice in India and encourage children to play the football games on
regular basis.
 The inter-ministry Hockey tournament 2016 - 17 was held at Central Secretariat Ground
Vinay Marg, New Delhi. The final match played between I & B Ministry and Ministry of
Health. I&B Team won the final match by three goals to Nil. All the Ministry teams
participated in the race for the cup. M.L. Sharma, Chandan Singh, Kuldeep Singh were the
scrorer. Most entertaining player Chandan Singh was declared Player of the match.
 India beat Pakistan by 9-wickets to win T20 Blind World Cup at Bengaluru's M Chinnaswamy
Stadium. Successfully defending their title in the T20 Blind World Cup, India achieved the
victory target of 198-runs in the 18th over in the final of the tournament. Man-of-the-match
was Prakash Jayaramaiah. Man-of-the-series Badar Munir was the top-scorer for Pakistan.
 Indian off-spin specialist Ravichandran Ashwin became the fastest cricketer to take 250
wickets in Test matches. He achieved this feat in his 45th test match against Bangladesh on
12 February 2017, when he dismissed captain of Bangladesh team Mushfiqur Rahim at the
Rajiv Gandhi International stadium in Hyderabad. Ashwin surpassed Australian fast bowler
Dennis Keith Lillee, who played 48 matches to reach the milestone of 250 Test wickets.
 The first ever ITTF World Tour event in India will begin at the Thyagaraj Sports Complex in
New Delhi. The 1.5 lakh US dollar India Open also happens to be the biggest ever ITTF event
in terms of prize money. But despite the rewards on offer, a majority of the top
international table tennis stars have given the competition a miss. Overall, 80 players have
confirmed their participation, 52 in the men's section and 28 in the women's section.
 Netherland native Germaine de Randamie defeated Holly Holm (7-3) to claim the UFC
Women’s Featherweight Champion at the UFC 208 in Brooklyn, New York. The featherweight
division was newly introduced by the Ultimate Fighting Championship (UFC) in 2016.
 Australian cricketer Adam Voges has decided to retire from all formats of international
cricket after playing his last match as captain of the team Prime Minister’s XI against Sri
Lanka in Canberra. Voges has played only 20 Tests for Australia after debuting at the age of
35 in 2015 and became the oldest debut centurion when he scored an unbeaten 130 against
West Indies in Dominica.
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 Jehan Daruvala became the first ever Indian to claim the New Zealand Grand Prix at Jehan
Daruvalathe Chris Amon Circuit in Manfeild, New Zealand. With this win, Jehan, a Force India F1
team racing driver, scored 781 points in the Toyota Racing Series having 15-race held in January-
February and was placed in fifth position. Australia’s Thomas Randle became the first Australian
to win the Toyota Racing Series with 855 points followed by Brazilian Pedro Piquet (850 pts) at
second and Dutch driver Richard Verschoor (843) at third.
 Mumbai based Kush Bhagat has been awarded the Candidate Master (CM) title by the World Chess
Federation body, FIDE on February 14, 2017 for his outstanding performance in Western Asian
Youth Chess championship 2016 at UAE. Kush, a second grade student from Hill Spring
International School has presented tremendous performances in the past 6 months.
 Usain Bolt honored with ‘Sportsman of the Year ’Jamaica’s sprinter Usain Bolt won the
‘Sportsman of the Year’ award at the Laureus World Awards or the ‘Oscar of Sports’ held in
Monaco. Usain Bolt received his award from legendary Michael Johnson. This is the fourth time
that the world’s greatest sprinter has won the honor. Earlier in 2009, 2010 and 2013 too he won
the award.
 Indian professional hockey player Sandeep Singh has been honored with an Honorary Doctorate
Degree by Desh Bhagat University, a private educational institution in Amloh, Fatehgarh Sahib
District of Punjab. He is the second Indian hockey player to receive this award. The only first
player was Dileep Tirkey, former captain and sitting Member of Parliament, to receive an
honorary degree for sporting excellence from Sambalpur University in 2010.
 Indian ace shuttler PV Sindhu achieved her career best Badminton World Federation (BWF)
women’s single ranking by being placed at 5th spot Previously the top seeded player was placed
at sixth position. The only second Indian to be placed among the top 10, Saina Nehwal who has
been placed at 10th spot. The BWF women’s single ranking has been topped by Tai Tzu Ying of
the Chinese Taipei.
 The Indian Women's team won a silver after getting defeated by South Kores, at the Asian Rugby
Sevens Trophy tournament at Vientiane, Laos. The team participated under the aegis of the
Indian Rugby Football Union (IRFU), the governing body for the sport of Rugby in India and
supported by Societe Generale, the financial partner of Rugby India.
 Virat Kohli became the first Indian sports personality to strike a Rs 100-crore endorsement deal
with a single brand. Kohli signed an eight-year deal with sports apparel brand Puma worth Rs
110 crore. The Indian cricket captain is now set to join the likes of Usain Bolt, Asafa Powell and
Thierry Henry, among others, as a global ambassador for the brand.
 In International Shooting Sport Federation (ISSF), Indian shooter Pooja Ghatkar secured India’s
first medal in New Delhi. She finished third in the 10 meter Air Rifle event. Ghatkar clinched
bronze with a score of 228.8 in the final round. China’s Mengyao Shi secured gold with a score
of 252.1 - setting a new world record in the event. The silver went to China’s Lijie Dong for a
score of 248.9.
 The National Rifle Association of India(NRAI) announced that India will be hosting the Combined
World Cup for shooting in 2019 during the meeting held in New Delhi. Combined World Cup will
a qualifying event for the 2020 Tokyo Olympics. It will comprise all the three categories shotgun,
rifle and pistol.
 Premier off-spinner Ravichandran Ashwin, broked Kapil Dev's Indian record of most Test wickets
in a domestic season. Ashwin, the fastest in the world to reach 250 Test wicket mark recently
and took his tally of wickets in the current home season to 64 in 10 Test matches broke Kapil
Dev's record who took 63 wickets in 13 Tests.
 FIH (International Hockey Federation) Hockey Stars Awards were conferred in Chandigarh. This
was first time in the history of Hockey that the ceremony was held to honor best players, rising
stars, goalkeepers, umpires and coaches. Belgium captain John-John Dohmen and Netherlands'
Naomi Van were named as male and female International Hockey Federation's player of the year,
2016 awards respectively.
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YOJNAO/SCHEME’s:-
 A new scheme will be introduced by Govt of India to create infrastructure for exports, a
move aimed at reducing transaction costs for traders. A new and restructured central
scheme with a focus on export infrastructure namely Trade Infrastructure for Export Scheme
(TIES) will be launched in 2017-18. Indian exporters face huge challenges in terms of
infrastructure, particularly in states. Inadequate infrastructure pushes their transactions
costs, impacting competitiveness of Indian goods in the global markets.Exporter’s body
Federation of Indian Export Organisations (FIEO) said the scheme will help create modern
infrastructure like last mile connectivity to ports, testing labs and certification centres.
 In a move to bring about paradigm shift towards holistic development of villages, Assam
Chief Minister SarbanandaSonowal launched the Chief Minister SamagraGramyaUnnayan
Yojana, CMSGUY in Guwahati this evening. This scheme is a mega mission with a financial
outlay of 30,000 crore rupees and it will be implemented in all the villages of the state. It
will culminate in 2021-22.
 After transforming the lives of villagers in Puttamraju Kandriga inNellore district
inAndhra Pradesh, Indian cricket icon and Rajya Sabha MP Sachin Tendulkar is now set to
adopt Donja in Osmanabad (Maharashtra) under the Sansad Adarsh Gram Yojna. Tendulkar
has sanctioned over Rs 4 crore from his MPLAD fund for development of Donja. The amount
will be spent on development of a new school building, a water supply scheme that would
provide potable water to each household, concrete roads and a sewage line attached to the
same, a press release stated.
 Union Health Secretary C.K. Mishra has launched “Saathiya Resource Kits” that will provide
information on adolescent related issues such as puberty and mental health, among others.
The resource kit comprises of an Activity Book, Bhranti-Kranti Game, a Question-Answer
Saathiya KitsBook and a Peer Educator Diary. Mishra also launched the mobile app ‘Saathiya
Salah’ for adolescents. The initiative, launched as part of the Rashtriya Kishor Swasthya
Karyakram (RKSK) program.
RANK’s:-
 India has been ranked 143 out of 186 economies in the annual Index of Economic Freedom
2017 released by top US based Think Tank, The Heritage Foundation. The Index measures
the degree of economic freedom in the countries of the world. Hong Kong, Singapore and
New Zealand are the top three nations in the Index respectively. India has been placed in the
category of “Mostly Unfree” Economies in which the points ranges from 50.0-59.9.
 India’s largest software services firm Tata Consultancy Services (TCS) has been rated as one
of the top three 'most-valuable brands' in the Information Technology (IT) service sector by
Brand Finance, the leading global brand valuation firm. As IBM and Accenture are on the top
two positions. However, the overall global position of the company dropped down by one
spot to 25th from 2016 when it was 24th. TCS was also rated as Tata Sons highest brand
strength of AA+ and generates 69% of the total revenue of the parent company.
BOOK’s:-
 An actor turned politician Hema Malini’s journey from an actor and filmmaker to a politician
being chronicled as an authorised biography titled ‘Hema Malini: Beyond the Dream Girl’.
The biography is written by author-columnist Ram Kamal Mukherjee.
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AWARD’s:-
 This year (2017), under the State category, Rajasthan and Telangana emerged Winners of
Excellence while the Award of Recognition went to Odisha and Nagaland. Instituted by the
Computer Society of India’s (CSI) Special Interest Group with sponsorship from Nihilent
Technologies, these awards help recognise the efforts of eGovernance practitioners from
across central and state departments, projects and in district administrative units as well.
 The First ever National Entrepreneurship Awards 2016 was presented by the Union Home
Minister Shri Rajnath Singh at Indian Institute of Technology, New Delhi on January 30,
2017. Shri Rajiv Pratap Rudy, Minister of State (I/C) for Skill Development and
Entrepreneurship was the guest of honour on the occasion.The National Entrepreneurship
Awards was instituted by the Ministry of Skill Development and Entrepreneurship (MoSDE) to
recognize and honor the entrepreneurial spirit of India’s youth and encourage more and
more young Indians to become entrepreneur. The awards were given in 11 different
categories divided into two groups: Award Track and Recognition Track.
 Renowned Indian-origin British sculptor Anish Kapoor was honoured with the prestigious $1
million 2017 Genesis Prize by Israel for his utmost contribution for Jewish community.
However, the money received by the innovative artist would be contributed by him to help
the Syrian refugees and expand Jewish engagement in the global effort to reduce the refugee
crisis. The 62-year-old Anish was chosen by the prize committee headed by Jewish Agency
Chairman Natan Sharansky.
 An Indian-origin Scotland Yard officer Shand Panesar along with his colleague Craig
Nicholson was honored with the 2017 Outstanding Bravery of the Year Award in central
London during a special award ceremony of the Total Excellence in Policing Awards.
 India’s premier health institute the All India Institutes of Medical Sciences (AIIMS), New Delhi
was awarded the first prize of the Government’s Kayakalp Award under the Central
Government Hospitals category in New Delhi for maintaining high standards of sanitation
and hygiene. The award was presented by the Union Minister for Health and Family Welfare,
Shri J P Nadda and the All India Institutes of Medical Sciences (AIIMS), Delhi received a cash
prize of Rs. 5 crore.
 GMR Hyderabad International Airport Ltd, which operates Rajiv Gandhi International Airport,
has won the Centre for Asia Pacific Aviation (CAPA) Chairman’s Order of Merit for its focus
on environmental sustainability and becoming the first airport in Asia Pacific to become
carbon neutral. Airports Council International (ACI) has certified Hyderabad International
Airport with Level 3+ Neutrality under its Airport Carbon Accreditation programme.
 FIH (International Hockey Federation) Hockey Stars Awards were conferred on 23
February 2017 in Chandigarh.
This was the first time in the history of Hockey that the ceremony was held to honor best
players, rising stars, goalkeepers, umpires and coaches. Belgium captain John-John Dohmen
and Netherlands' Naomi Van were named as male and female International Hockey
Federation's player of the year, 2016 awards respectively. The other awardees are-
1. Hockey Stars 2016 Male goalkeeper of the year: Ireland's David Harte
2. Hockey Stars 2016 Female goalkeeper of the year: Great Britain's Maddie Hinch.
3. Male Rising Star of the year: Belgium's Arthur Van Doren
4. Female Rising Star of the year: Argentina's Maria Granatto
5. Coach of the year awards male: Great Britain's Danny Kerry
6. Coach of the year awards female: Great Britain's Karen Brown
7. Umpire of the year awards male: Germany's Christian Blasch
8. Umpire of the year awards Female: Belgium's Laurine Delforge
Source- The Indian Express
Page (26)
 South Indian Bank has been awarded with ISO 27001: 2013 certification for its Information
Security Management System (ISMS). V.G. Mathew, MD and CEO of the bank received the
certificate from Venkataram Arabolu, Managing Director, BSI Group India at an official
ceremony.
 Mangalore based public sector lender Corporation Bank was awarded the 2017 National
MSME Excellence Award at a function in New Delhi. D V Subramanya Varma, General Manager
of Corporation Bank received the award from Union Minister of State for Micro Small and
Medium Enterprises, Haribhai P Choudhary. The award is instituted by the Federation of
Industry, Trade and Services (FITS).
 Melody Queen Lata Mangeshkar has been honoured with the 'Legendary Award ' 2017 by
Brand Laureate. The Brand Laureate Awards recognise world-class achievement in branding
amongst individuals and companies. Lata expressed her heartfelt thanks to the Brand
Laureate on twitter for honouring her. In 2012, actor Shah Rukh Khan was honoured with the
Brand Laureate Legendary Award for his unmatched contribution to Indian Cinema.
 The Ahmedabad-based Entrepreneurship Development Institute of India (EDII), an
acknowledged national resource institute for entrepreneurship education, research, training
and institution-building, has received the prestigious International Mercury Awards (IMA) for
the year 2016-17 for the best overall presentation of its 2015-2016 annual report.
 Tata Steel's Katamati iron mine has been honoured with the the Best Green Organisation of
the Year Award at the Global Green Future Leadership Awards in recognition of its
environmental protection measures. The award was presented at a function organised by
World CSR Day on February 18, 2017 in Mumbai.
 Karnataka Bank has bagged two ‘IBA-Banking Technology’ awards. The bank was the winner
in ‘Best financial inclusion initiatives (small bank)’ category, and was runner-up in ‘Best use
of digital and channels technology (small bank)’ category. IBA-Banking Technology award
recognises and rewards individuals, professionals and banks who have recorded noteworthy
technology and business benefits in 2016.
 Vivek Chaand Sehgal of Motherson Sumi Systems Ltd (MSSL) has been awarded the
Entrepreneur of the Year 2016 award by assurance, tax, transaction and advisory services
firm Ernest Young (EY). Sehgal will now represent India at the EY World Entrepreneur of the
Year Award in Monte Carlo from June 7 to 11, 2017. Infosys Co-founder Nandan Nilekani was
honoured with the Lifetime Achievement Award for his contribution to the Unique
Identification Authority of India (UIDAI) — the Aadhaar initiative.
 List Of Indians Who Have Won Oscars
Category Winner Movie:
Best Costume Design Bhanu Athaiya Gandhi (1982)

Lifetime Achievement Award (1992) Satyajit Ray ---------------------
Best Original Song (Jai Ho) and Best A.R. Rahman Slumdog Millionaire (2008)
Original Score
Best Sound Mixing Resul Pookutty Slumdog Millionaire (2008

Best Original Song (Jai Ho) Gulzar Slumdog Millionaire (2008)
NOTE: - 1ST INDIAN NOMINEE (PERSON/FLIM) Mehboob Khan WAS NOMINATED FOR
THE CATEGARY Best Foreign Language Film FOR THE MOVIE Mother India.
Page (27)
 The 89th Academy Awards ceremony, presented by the Academy of Motion Picture Arts
and Sciences (AMPAS) to honor the best films of 2016, held at the Dolby Theater in Los
Angeles, California. During the ceremony, AMPAS presented Academy Awards (commonly
referred to as Oscars) in 24 categories. The ceremony, televised in the United States by
ABC, produced by Michael De Luca and Jennifer Todd and directed by Glenn Weiss.
Comedian Jimmy Kimmel hosted the ceremony for the first time.
These are the winners of the 89th annual Academy Awards:
Category Winner Movie

Best Director Damien Chazelle 'La La Land'
Best Adapted Screenplay Barry Jenkins and Tarell Alvin 'Moonlight'
McCraney
Best Original Screenplay Kenneth Lonergan 'Manchester By The Sea'
Best Music Original Song City of Stars by Justin 'La La Land'
Hurwitz, Benj Pasek and Justin
Paul
Best Music Original Score Justin Hurwitz 'La La Land'
Best Cinematography Linus Sandgren 'La La Land'
Best Live Action Short Krist of Deak and Anna 'Sing'
Udvardy
Best Documentary Short Orlando Von Einsiedel and 'The White Helmets'
Joanna Natasegara
Best Film Editing John Gilbert 'Hacksaw Ridge'
Best Visual Effects Robert Legato, Adam Valdez, 'The Jungle Book'
Andrew R Jones and Dan
Lemmon
Best Production Design David Wasco and Sandy 'La La Land'
Reynolds-Wasco
Best Animated Feature Byron Howard, Rich Moore and 'Zootopia'
Clark Spencer
Best Animated Short Alan Barillaro and Marc 'Piper'
Sondheimer
Best Foreign Language Film Asghar Farhadi 'The Salesman'
Best Actress in a Supporting Viola Davis 'Fences'
Role
Best Sound Mixing Kevin O'Connell, Andy Wright, 'Hacksaw Ridge'
Robert Mackenzie and Peter
Grace
Best Sound Editing Sylvian Bellemare 'Arrival'
Best Documentary Feature Ezra Edelman and Caroline 'O J: Made In America'
Waterlow
Best Costume Design Colleen Atwood 'Fantastic Beasts and
Where To Find Them'
Best Actress in a Leading Emma Stone 'La La Land'
Role
Best Makeup and Alessandro Bertolazzi, Giorgio 'Suicide Squad'
Hairstyling Gregorini and Christopher
Nelson
Best Actor in a Supporting Mahershala Ali 'Moonlight'
Role (Male)
Best Actor in a Leading Role Casey Affleck 'Manchester by the Sea'
Best Picture 'Moonlight'
Source- The New York Times
Page (28)
 India Test skipper Virat Kohli has been named as the 'Captain of the Year' at the 10th annual
ESPNcricinfo Awards. Kohli led India to nine wins out of 12 Tests in the year gone by.
CATEGORY WINNER MOVIE
'Captain of the Year' Virat Kohli INDIA
Test Batting Performance of
Ben Stokes ENGLAND
the Year
Test Bowling Performance of
Stuart Broad ENGLAND
the Year
ODI Batting Performance of
Quinton de Kock's SOUTH AFRICAN
the Year
ODI Bowling Performance of
Sunil Narine WEST INDIES
the Year
T20 Batting Performance of
Carlos Brathwaite WEST INDIES
the Year
T20 Bowling Performance of
Mustafizur Rahman BANGLADESH
the Year
INAUGURATION’s
 Meghalaya’s first ever Apparel and Garment Making Centre was inaugurated on January 30,
2017 jointly by Union Textiles Minister Smriti Zubin Irani and Chief Minister of Meghalaya Dr.
MukulSangma near Ampati in South West Garo Hills. Thecentre would enable to create job
opportunity for both men and women of the region and make them economically
empowered.The facility has been set up in an area of 45,000 sq feet at an approximate cost
of Rs 14.26 crore. It has been set up under North East Region Textiles Promotion Scheme
(NERTPS).
 In Andhra Pradesh, the first Smart Police Station, having look and feel of a corporate-style
office, started functioning. Chief Minister N. Chandrababu Naidu inaugurated the first model
police station at Nagarampalem in the capital region Amaravati.He also inaugurated the
second model police station in old Guntur town.
 The Union Minister of Chemicals & Fertilizers and Parliamentary Affairs, Shri Ananthkumar
inaugurated the Orientation Programme for the district heads of National Yuva Cooperative
Society (NYCS) in New Delhi to launch the Pradhan Mantri Bhartiya Janaushadhi Kendras
(PMBJKs) in the country. The workshop was organized based upon the MoU signed earlier
between Bureau of Pharma PSUs of India (BPPI) and NYCS for establishing 1000 PMBJKs in the
country. The basic details regarding the Pradhan Mantri Bhartiya Janaushadhi Pariyojana
(PMBJP) were laid down during the workshop for the effectiveness of the scheme
 India’s first floating elementary school particularly for drop outs has been inaugurated on
Loktak lake at LangolsabiLeikai of ChampuKhangpok floating village in Manipur on the
occasion of World Wetlands Day on February 2, 2017. The school named as Loktak
Elementary Floating School has been opened under an floating elementary school initiative
of All Loktak Lake Fishermen’s Union, Manipur (ALLAFUM) with the support of NGO, People’s
Resources Development Association (PRDA) under a programme of Action Aid India.
 Union Science and Technology Minister Harsh Vardhan will inaugurate the International
Conference on NexGen Technologies for Mining and Fuel Industries in New Delhi. The 3 day
conference will cover areas like Innovative ming technology for sustainable development and
advances in mine design mine planning recent advancement in drilling and blasting. The
conference, organized by the Ministry of Environment and Forestry will take place at Vigyan
Bhawan.
Page (29)
ABBRIVATION’s:-
North East Region Textiles Trade Infrastructure for Export
NERTPS TIES
Promotion Scheme Scheme
Federation of Indian Export International Air Transport
FIEO IATA
Organisations Association
Unique Identification Authority of Chief Minister Samagra Gramya
UIDAI CMSGUY
India Unnayan Yojana
CGI Consulate General of India NTA National Testing Agency
FAO Food and Agricultural Organization PDS public distribution system
The Billiards and Snooker Pradhan Mantri Gramin Digital
BSFI PMGDISH
Federation of India Saksharta Abhiyan
Department for Development and International Association of
DDTA IAAF
Transformation of Assam Athletics Federations
Specified Undertaking of the Unit National Eligibility-Cum-Entrance
SUUTI NEET
Trust of India Test
NFSA National Food Security Act NYCS National Yuva Cooperative Society
All India Council for Technical Pradhan Mantri Bhartiya
AICTE PMBJK
Education Janaushadhi Kendras
BPPI Bureau of Pharma PSUs of India CAPA Centre for Asia Pacific Aviation
ACI Airports Council International NWP National Women’s Parliament
United Nations Office on Drugs The Food Safety and Standards
UNODC FSSAI
and Crime Authority of India
AISEF All India Spices Exporters Forum DEO Defence Exhibition Organisation
British Academy of Film and Members of Parliament Local Area
BAFTA MPLADS
Television Arts Development Scheme
NCS National Career Service MDR Merchant Discount Rate
GISS Goddard Institute for Space Studies DTPC District Tourism Promotion Council
Department of Science & Ministry of Environment, Forest &
DST MoEFCC
Technology Climate Change
DBT Department of Biotechnology WII Wildlife Institute of India
Vikram A Sarabhai Community Higher Education Financing
VASCSC HEFA
Science Centre Agency
INVN India Vetiver Network HAL Hindustan Aeronautics Limited
CPWD Central Public Works Department SDF Sustainable Development Framework
National Aluminium Company The Energy and Resources
NALCO TERI
Limited Institute
IRFU Indian Rugby Football Union NTAC Nagaland Tribes Action Committee
Daimler India Commercial Vehicles Khadi & Village Industries
DICV KVIC
Pvt Ltd Commission
AITA All India Tennis Association gTLD Generic top-level domains
Karnataka State Lawn Tennis Stockholm International Peace
KSLTA SIPRI
Association Research Institute
IMLD International Mother Language Day IMA International Mercury Awards
Entrepreneurship Development National Institute for Locomotor
EDII NILD
Institute of India Disabilities
Cabinet Committee on Economic Central Council for Research in
CCEA CCRH
Affairs Homeopathy
Department of Industrial Policy International Shooting Sport
DIPP ISSF
and Promotion Federation
Page (30)
IMPORTANT DAY’s:-
Day Events Day Events

JANUARY
Global Family Day (UN), World Peace
1-Jan 4-Jan World Braille Day - International
Day
6-Jan World Day - War Orphans 9-Jan NRI Day
National Human Trafficking
10-Jan World Laughter Day 11-Jan
Awareness Day
12-Jan National youth day (India) 15-Jan Army Day (India)
20-Jan World Religion Day 24-Jan National Girl child day (In India)
Tourism Day (India), National Voters Republic Day (India),
25-Jan 26-Jan
Day International Customs Day
FEBUARY
World Wetlands Day, Rheumatoid
2-Feb 3-Feb World Cancer Awareness Day
Arthritis Awareness Day
International Day of Zero
4-Feb World Cancer Day 6-Feb Tolerance to Female Genital
Mutilation
13-Feb World Radio Day (UNESCO) 16-Feb Family Day
World Day of Social Justice International Mother Language
20-Feb 21-Feb
(Recognized by the UN) Day (Recognized by the UN)
International Scouts Day, World
22-Feb Thinking Day, Work Your Proper 24-Feb Central Excise Day
Hours Day
National Science Day (India),
28-Feb
International Pashtun Jirga Day
 National Science Day is celebrated all over India with great enthusiasm on 28th of February
every year in order to commemorate the invention of the Raman Effect in India by the Indian
physicist, Sir Chandrasekhara Venkata Raman on the same day in the year 1928. For his great
success in the field of science in India, Chandrasekhara Venkata Raman was honored with the
Nobel Prize in the Physics in the year 1930. National science day was started celebrating all
across the India as a great event in the field of Indian science. It is celebrated every year by
students, teachers, scientists and researchers in all the schools, colleges, universities,
educational institution including scientific, academic, medical, technical and research institutions
of India. On the first celebration ceremony of the National Science Day in India, the National
Council for Science and Technology Communication had declared the institution of the National
Science Popularization awards in order to recognize an excellent and wonderful endeavor in the
field of science communication and popularization. The theme of the year 2017 is “Science and
Technology for specially abled persons”.
Objectives of Celebrating National Science Day
1. National Science Day is being celebrated every year to widely spread a message about the
significance of scientific applications in the daily life of the people.
2. To display the all the activities, efforts and achievements in the field of science for human
welfare.
3. To discuss all the issues and implement new technologies for the development of the science.
4. To give an opportunity to the scientific minded citizens in the country.
5. To encourage the people as well as popularize the Science and Technology.
Source- The Hindu
Page (31)

Bank Current Affairs (February 2017)

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Following are the highlights of Mr. Jaitley's Budget speech:

For the poor and underprivileged health care

Infrastructure and railways

Personal income tax

Category Winner Movie:

Best Costume Design Bhanu Athaiya Gandhi (1982)

Best Sound Mixing Resul Pookutty Slumdog Millionaire (2008

Category Winner Movie

Day Events Day Events

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