Current Affairs Today - Current Affairs 2015
Union Government releases Commemorative Postage Stamps on Swachh Bharat Mission
Swachh Bharat Mission
- It was launched by the Prime Minister on the 2nd October, 2014 on the occasion of Birth Anniversary of Father of the Nation- Mahatma Gandhi.
- This mission seeks to achieve Clean India and aims to provide access to toilets to all households in the country.
- It also seeks to provide adequate arrangements for Solid and Liquid Waste Management.
Serena Williams wins Australian Open 2015 Women’s Singles title
RBI constitutes high level panel on urban cooperative banks (UCB)
- Businesses: Examine the line of businesses that UCBs may be permitted to undertake and their benchmark in terms of size of business, capital requirement, regulatory regime etc.
- Size of UCB: Suggest the appropriate size up to which a UCB may be able to grow without undue risk to the system.
- Conversion Criteria & licensing terms : Suggest the criteria for allowing voluntary conversion by a UCB and examine whether the time is opportune to give license to new UCBs.
- Determine the modalities of implementing the suggestion of the Malegam Committee. Especially, whether the 50 per cent in value of deposits should be held by voting members. Thus, propose a feasible structure that puts majority voting in the hands of contributors of funds in UCB.
