G.K. Update 8, may 2016
By: D.K. Choudhary
SEVEN INDIAN SHUTTLERS QUALIFY FOR RIO OLYMPICS
Seven Indian shuttlers have booked their berth for the upcoming Rio Olympics, scheduled in August.
The list of players is given below:
Two female singles players such as Saina Nehwal and PV Sindhu,
A male singles’ player Kidambi Srikanth,
women’s doubles pairing of Jwala Gutta and Ashwini Ponnappa
Manu Attri and Sumeeth Reddyin male doubles team.
CORPORTION BANK GETS MSME AWARD
Corporation Bank has been given ‘excellence award on empowering MSMEs’ .
The award is given by the Federation of Industry, Trade and Services.
iii. The bank had achieved the regulatory target of 7 per cent of annual net bank credit under micro enterprises for 2015-16.
Union Minister for Micro, Small and Medium Enterprises: Kalraj Misra
WILFUL DEFAULTERS OWE RS 66,000 CR TO GOVT BANKS
The Minister of state for Finance Jayant Sinha has stated that there were 7,686 wilful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015.
The number of wilful defaulters of Public sector banks rose from 5,554 to 7,686 in three years.
iii. They owes amount more than doubled to from last year to Rs 66,190 crore from Rs 27,749 crore.
IREDA MAY BE CONVERTED INTO A GREEN BANK
The state run Indian Renewable Energy Development Agency can be converted into a Green Bank.
It may br converted to enable its access funding from overseas banks.
iii. IREDA is created to work with the private sector to increase investment in clean energy and bring clean energy financing into the mainstream.
The green bank could offer lower interest charges than traditional banks .
It will also tap into international capital to finance solar and wind projects to help India power its cities and rural communities.
INDIAN PARASHAR KULKARNI WINS 2016 COMMONWEALTH SHORT STORY PRIZE FOR ASIA REGION
Indian Parashar Kulkarni won the Commonwealth Short Story Prize for 2016 for the Asia region.
The is given for his politically grounded unpublished short fiction ‘Cow and Company’.
iii. The story ‘Cow and Company’ narrates the story of four men in search of a cow.