Current Affairs For Bank, IBPS Exams - 27 July, 2014
Current Affairs For Bank, IBPS Exams
27 July, 2014
PM launches engagement platform
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Prime Minister Narendra Modi launched an online platform mygov.nic.in to engage citizens in the task of “good governance” (surajya) as he completed 60 days in office. MyGov is a technology-driven platform that would provide people with the opportunity to contribute towards good governance.
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Groups and corners are an important part of MyGov. The platform has been divided into various groups namely Clean Ganga, Girl Child Education, Clean India, Skilled India, Digital India, Job Creation. Each group allows for online and on-ground tasks to be undertaken by contributors.
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In a video address posted on the Prime Minister’s website, Mr. Modi pointed out there was a widespread belief in the country that after a government is elected, a gap develops between the people and the executive.
RBI slaps fine on 12 banks in Deccan Chronicle case
- The Reserve Bank of India, imposed a monetary penalty on 12 banks for violating central bank rules in the case of Deccan Chronicle Holdings.
- The RBI said that it “came to the conclusion that some of the violations were substantiated and warranted imposition of monetary penalty.’’
- Based on the findings of the scrutiny, the RBI issued show-cause notices to these banks in March, to which the individual banks submitted written replies.
- After considering the facts of each case and the individual bank’s reply, as also, the personal submissions and the like by some of the banks, RBI came to the conclusion that some of the violations were substantiated and warranted imposition of monetary penalty.
