Daily Current Affairs 26th December 2022 For All Government Examinations

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RBI imposes ₹5 lakh penalty on Shri Mahila Sewa Sahakari Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹5.00 lakh (Rupees five lakh only) on Shri Mahila Sewa Sahakari Bank Ltd., Ahmedabad, Gujarat for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’; ‘Loans and advances to directors etc. – directors as surety/guarantors – clarification’; ‘Loans and advances to directors, relatives, and firms/concerns in which they are interested’; ‘Declaration of dividend by Urban Co-operative Banks (UCBs)’ and ‘Depositor Education and Awareness Fund Scheme, 2014’.

RBI's revised bank locker rules to come into effect from 1st January 2023

The Reserve Bank of India (RBI) has mandated banks in the country to renew their locker agreements with existing locker customers by 1st January 2023.

Key Highlights

All the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement. They are required to sign a renewal agreement before the specified date.

RBI advises the banks to install CCTV cameras at entry and exit points of the strong room and the common areas of operation. It mandates the preservation of its recording for a period of not less than 180 days.

RBI has also instructed banks to ensure that any “unfair terms or conditions” are not covered in their locker agreements. The revised guidelines add that the terms of the agreement shall not be more “onerous than required in ordinary course of business” to secure the interests of the bank.

PM Modi participates in historic programme marking 'Veer Bal Diwas'

Prime Minister Narendra Modi participated in a historic programme marking ‘Veer Bal Diwas’ at Major Dhyan Chand National Stadium in Delhi today. During the programme, the Prime Minister attended a ‘Shabad Kirtan’ performed by about three hundred Baal Kirtanis.

Key Highlights

PM Modi also flagged off a march-past by about three thousand children in Delhi on this momentous occasion.

On 9th January 2022, the day of the Prakash Purab of Sri Guru Gobind Singh Ji, the Prime Minister had announced that 26th December would be observed as ‘Veer Bal Diwas’, to mark the martyrdom of sons of Sri Guru Gobind Singh - Sahibzadas Baba Zorawar Singh Ji and Baba Fateh Singh Ji.

Pushpa Kamal Dahal 'Prachanda' to take oath as Prime Minister of Nepal

CPN-Maoist Centre Chairman Pushpa Kamal Dahal 'Prachanda' will take oath as the new Prime Minister of Nepal for the third time.

Background

The 68-year-old Communist Party of Nepal-Maoist Centre chairman Pushpa Kamal Dahal 'Prachanda' was appointed as the country's new prime minister on 25 December 2022 after he submitted a letter to President Bidya Devi Bhandari showing the support of 169 members in the 275-member House of Representatives.

India's Geto Sora wins Junior International Badminton Championship title 2022

Geto Sora from Arunachal Pradesh won the Top Arena Junior International Badminton Championship title in the below 9 years category, in Kuala Lumpur, Malaysia. Geto Sora won the championship title after beating Malaysia’s second seed Jaryl Teh in straight sets 21-5, 21-16.

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Daily Current Affairs 26th December 2022 For All Government Examinations