DAILY CURRENT AFFAIRS: 31st DEC 2016
(Daily News India)
Shared By: WWW.DailyGk.IN
1. BIHAR GOVERNMENT APPROVES 50 % RESERVATION IN JUDICIAL SERVICES
i. The Bihar Cabinet has declared 50 per cent reservation in all judicial services for aspirants belonging to the Extremely Backward Classes, Other Backward Classes, Scheduled Castes and Scheduled Tribes.
ii. The reservation will be in both Superior Judicial Services and Subordinate Judicial Services.
2. DIGITAL PAYMENTS: MEITY TEAMS UP WITH CAIT TO TRAIN RETAIL MERCHANTS
i. The Ministry of Electronics and Information Technology has decided to team-up with Confederation of All India Traders to further promote digital payments among the retail community.
ii. As many as 1 crore shopkeepers in about 1,000 towns of the country will be trained on digital payments under a memorandum of understanding between MeitY and CAIT
3. CHINA'S ALIBABA TO OPEN FIRST INDIA OFFICE IN MUMBAI
i. Chinese e-retail giant Alibaba, which has made investments in India's Snapdeal and Paytm, is setting up its first office in India in Mumbai.
ii. The office will be located at the commercial Bandra-Kurla Complex in Mumbai.
iii. Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
4. RBI EXTENDS LOAN REPAYMENT WINDOW TO 90 DAYS
i. The Reserve Bank of India has asked lenders to provide borrowers 90 days for repayment of housing, car, farm and other loans worth up to 1 crore rupees.
II. RBI has decided to provide another 30 days over and above the existing 60 days.
5. RANVEER SINGH BECOMES NEW AMBASSADOR OF THUMPS UP
i. Coca-Cola India has signed Bollywood actor Ranveer Singh as brand ambassador for its Thums Up brand.
ii. The company launched new thematic campaign starring Ranveer Singh in its 'Toofani' series, nearly four months after ending association with Bollywood superstar Salman Khan.
6. RISHI KAPOOR'S AUTOBIOGRAPHY TO RELEASE ON 15 JANUARY 2017
i. Bollywood veteran Rishi Kapoor's autobiography titled Khullam Khulla will hit the stands on January 15 next year.
ii. The book's title has been borrowed from the 64-year-old actor's famous song Khullam Khulla Pyar Karenge Hum Dono.