Current Affairs For Bank, IBPS Exams - 31 August, 2015

Current Affairs for BANK, IBPS Exams

31 August 2015

:: International ::

EU ministers to meet to find solution to migration crisis

  • European Union interior and justice ministers are due to meet in two weeks to find a solution to the escalating migration crisis.

  • According to the Guardian, the ministers will meet in Brussels to find measures to cope with the migration crisis.

  • A statement from the home affairs ministers of Germany, France and Britain said they had asked the Luxembourg presidency to arrange a meeting of justice and interior ministers within the next two months.

  • The three countries emphasised the necessity to find an immediate solution to the increasing migration problem.

Swiss, EU banks ask Indians to use 'compliance window'on undeclared foreign assets

  • Several banks in Switzerland and Europe have reportedly asked their Indian clients to utilise the compliance window provided by the Indian tax authorities to disclose all of their undeclared foreign assets till next month.

  • Indian clients have reportedly also been asked to give fresh undertakings to state that they are in compliance with all the laws in their home country.

  • The Swiss banks, thought to be safe havens for parking unaccounted funds, have also started asking for auditor certificates from high net worth individuals and corporate clients to vouch for the clean status of their money.

  • India has aggressively been making efforts to bring back illicit money parked by its citizens overseas.

  • The Government of Switzerland has reportedly agreed to co-operate with the Indian authorities on this issue

:: Miscellaneous ::

Govt, WWF to host sessions to protect dolphins, coral reefs

  • In a heartening move, the government has not only welcomed the report, which was submitted last week, but has also initiated steps to preserve the marine bio-diversity whose services to mankind is worth millions of rupees, state in charge WWF- India Puja Mitra said.

  • The government in collaboration with WWF - India will host a special training session for boat operators and diving schools to create awareness on sustainable marine tourism, including protection and preservation of dolphins and coral reefs.

  • Goa is home to two protected species, the finless porpoise and the Indo-Pacific humpback dolphin.

  • In what is a major step forward in the protection of Schedule I protected species dolphins and coral reefs, World Wide Fund for Nature-India has prepared and submitted a report to the state government outlining the status of the vital marine ecosystem and recommendations on how it can be protected.

:: Sports ::

Women’s hockey team confirmed its berth to next year’s Olympic Games

  • A 36-year-long wait ended on Saturday as the Indian women’s hockey team confirmed its berth to next year’s Olympic Games in Rio de Janeiro.

  • The news could not have come on a better day — the National Sports Day and birthday of hockey’s original wizard, Dhyan Chand.

  • India last played in the Olympics at Moscow in 1980 when women’s hockey made its debut.

  • India women’s hockey team was assured of a place in the 2016 Olympics Games after fellow contenders Spain lost to England.

  • The team clinched the berth to Rio thanks to England, who defeated Spain 2-1 in the semifinals of the EuroHockey Championships in London on Friday night.

  • Spain were the only team in the EuroHockey Championships semifinals not to have qualified for the Olympics and needed to win the title to claim the berth.

  • England’s victory over Spain, coming after the Netherlands 1-0 win against Germany in the first semifinal, meant two teams that had already qualified for the Olympics were in contention for the European continental title.

  • This freed the quota place reserved for the winner in Europe.

  • The Indian women thus clinched their ticket to Rio through their fifth-place finish at the Hockey World League Semifinal in Antwerp, and the next highest-ranked team not to have booked a berth to Brazil.

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