Articles
Competition refresher magazine
Competition refresher magazine published this article page 50 world bank confirmed that indian origin ajay banga will be the next president of the world bank. the world banks 25-member executive board elected him to a five-year term as president. banga 63 former ceo of mastercard was nominated for the post by united states president joe biden in late february. he was the sole contender to replace departing world bank chief david malpass an economist and former us treasury official who served in the trump administration. ajay banga will assume the charge of president world bank on june 2. world bank board members interviewed mr baga on 1st may 2023 and he was elected in a v...
Banking service chronicle
Banking service chronicle published this article page no 1 environment forest and climate change minister bhupendra yadav launched a mobile application named meri life (my life) in new delhi on 15th may.the app is inspired by the concept of life envisioned by prime minister narendra modi at cop 26 which emphasizes on conscious and deliberate usage rather than mindless and wasteful consumption.mission life (lifestyle for environment) was launched by the prime minister in kevadia gujarat in october 2022 and focuses on bringing behavioral change in individuals through simple easy actions.to further catalyze pan-india support and awareness about life a month-long mass mobilization ca...
Banking service chronicle
Banking service chronicle published this article page no 2 the defence ministry has imposed phased ban on the import of 928 military items to promote self-reliance in the defence manufacturing sector.the ministry announced the fourth positive indigenous list on 14 may in continuation of the first three such lists which included a total of 1238 items.the first three lists were announced in december 2021 march 2022 and august 2022.the 928 military equipment in the fourth list includes line replacement units subsystems and spare parts. the ban on their import will be implemented in a phased manner between december 2023 and december 2029 Read More....
Banking service chronicle Banking service chronicle published this article page no 3 the defense ministry statement said that banning the import of these equipment would save rs 715 crore. now these equipments will be procured from the indian industry.out of 1238 equipment included in the first three lists 310 have started being produced in india. this equipment is used in fighter aircraft training aircraft warships and various types of ammunition.the ministry said that 928 equipment included in the fourth list will be manufactured in india through various channels under make category and in-house development Banking service chronicle maga... Banking service chronicle Banking service chronicle published this article page no 4 minister of state dr murugan will lead the delegation to the cannes film festival from 16 to 27 may 2023.the india pavilion is being conceptualised and designed by national institute of design ahmedabad with the theme – showcasing indias creative economy to the global community.oscar winners ms. guneet monga (the elephant whispers) and ms. manushi chhillar (actress) will walk the red carpet.four indian films in official selection for cannes restored manipuri film ishanhou to be showcased in the classics section.the festival will witness the poster and trailer of the 54th iffi in november 2023.the cannes film festiva...