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Monday, June 24, 2019

DAILY GK 23 JUNE 2019


DAILY GK 23 JUNE 2019
1. BALAKOT AIRSTRIKES CODE NAMED AS ‘OPERATION BANDAR’ BY IAF
The Indian Air Force mission to bomb a terrorist hideout in Pakistan’s Balakot was codenamed ‘Operation Bandar’.
The codename was also chosen by the IAF to maintain top secrecy for the operation which involved 12 Mirage 2000 jets crossing over into Pakistani territory to completely destroy a large Jaish-e-Mohammed terror camp in Balakot.

2. COUNTRY’S FIRST IRON ORE MINE DISCOVERED IN BANGLADESH
Country’s first iron ore mine was discovered at Isabpur village in Dinajpur of Bangladesh. The discovery was done by the Geological Survey of Bangladesh.
Percentage of iron is 60 in the mine, which is higher in quality in comparison to other iron ore mines in the world.
Other countries are Canada, China, Brazil Sweden and Australia which comprises less than 50 percent of iron.
With this discovery in Bangladesh, economic and employment opportunities will enhanced in the country.


3. SAUDI ARABIA BECAME THE FIRST ARAB COUNTRY TO GET FATF MEMBERSHIP
Saudi Arabia became the first Arab country to get full membership of the Financial Action Task Force. With this, the number of permanent members in the group accounted to 39.
The membership was admitted into the global money laundering watchdog after the group’s Annual General Meeting in Orlando, Florida.
Saudi Arabia had received an invitation from FATF in 2015 to join as an “observer member”.

4. CANARA BANK UPDATED THE RULES FOR CASH DEPOSITS AND WITHDRAWALS
Canara Bank has issued new rules for its customers regarding cash deposits and withdrawals effective from July 1, 2019.
The customers of the bank can deposit cash in Savings bank account up to Rs 50,000 for free only thrice a month and the fourth transaction will be charged.
This is done to encourage digital transactions and it coincides with transaction charges on National Electronic Funds Transfer and Real Time Gross Settlement being waived off complying with Reserve Bank of India’s guidelines from July 1, 2019.
Service charges will not be applicable to pensioners, senior citizens, Pradhan Mantri Jan Dhan Yojana beneficiaries and zero balance account holders.

5. SHEFALI JUNEJA APPOINTED TO THE POST OF REPRESENTATIVE OF INDIA IN THE COUNCIL OF ICAO
Shefali Juneja, a 1992 batch officer of Indian Revenue Service (Income Tax cadre) was appointed as India’s representative in the Council of International Civil Aviation Organisation for a period of three years.
She is currently serving as the Joint Secretary in Ministry of Civil Aviation.
She will replace Alok Shekhar.

6. CCI PERMITTED FOR THE MERGER OF INDIABULLS HOUSING FINANCE AND LAKSHMI VILAS BANK
The Competition Commission of India approved the proposed merger of the Indiabulls Housing Finance with Lakshmi Vilas Bank.
The bank will get 14 shares of Indiabulls Housing Finance for every 100 shares they hold.
The combined entity will be one among the top eight private banks in India by size and profitability, with a net worth of Rs 19,472 crore.


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