LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Sunday, 5 April 2015

3 APRIL 2015: Modi to launch MUDRA bank soon

Ø  The PM said the government would shortly launch the Micro Units Development and Refinance Agency (MUDRA) Bank.
Ø  The U.S., Iran and five other world powers on Thursday announced an understanding outlining limits on Iran’s nuclear programme so it cannot lead to atomic weapons, directing negotiators toward achieving a comprehensive agreement within three months. Reading out a joint statement, European Union foreign policy chief Federica Mogherini said a “decisive step” after more than a decade of negotiations had been achieved. U.S. Secretary of State John Kerry and the top diplomats of Britain, France and Germany also briefly took the stage behind them.
Ø  Exporters and importers of cashew, mineral water, spices and other food products from the State and neighbouring Goa, Kerala will soon have a larger facility at Mangalore University to test whether radioactive content in commodities are within permissible limits. The Centre for Advanced Research in Environmental Radioactivity, an upgraded version of the existing radio ecology laboratory, is expected to be ready in three months. Sources in the university told The Hindu that if an importing country insisted on getting clearance certificate for radioactive contents for certain commodities, then exporters from the country would have to get it done from the Atomic Energy Regulatory Board authorised agency.
Ø  The Indian Army is set to take the “Swachh Bharat” campaign to Mount Everest with a mountaineering team planning to clean up and bring down tonnes of garbage dumped there by mountaineers over the decades. This will be done as part of the golden jubilee celebrations of the first Indian team scaling the world’s highest peak. Fifty years ago, an Indian team led by Captain (the then Lieutenant Commander) M.S. Kohli had scaled the Mount Everest (Sagarmatha) for the first time. Major A.S. Cheema was the first Indian to scale the peak, army officers said. The Army team will contribute towards restoring the ecological balance of the route by bringing down some of the non-biodegradable waste left behind by generations of climbers. The Army mountaineers, thus, aim to give back to ‘Sagarmatha’ a measure of reverence that she merits, and also convey a message of our Prime Minister Narendra Modi’s vision of a clean environment, the officer added. The team aims to bring down at least 4,000 kg of non-biodegradable waste from the high-altitude camps. The 30-member team is being led by Maj R.S. Jamwal, an experienced mountaineer. Army Chief General Dalbir Singh flagged off the team on Wednesday. They will depart for Kathmandu on April 4 and begin scaling the peak mid-May. The team has been undergoing special endurance and mountaineering training for the high-altitude mission.
Ø  A life-size chocolate statue of actor Benedict Cumberbatch has been crafted out of cocoa in London to celebrate his getting voted the dishiest dramatic actor on UKTV. The 40-kg statue took 250 hours to make.
Ø  Alien spaceships have never entered Japanese airspace, the country’s Defence Minister Gen Nakatani has told parliamentarians, after being questioned about a possible aerial invasion by little green men.
Ø  Former Syndicate Bank Chairman-cum-Managing Director (CMD) S.K. Jain, who was arrested by the CBI last year for allegedly accepting bribes from private firms for extending credit, has been booked by the Enforcement Directorate in a money laundering case. The case has been registered under various provisions of the Prevention of Money Laundering Act. The Directorate’s job would be to track down and attach the bribe money paid allegedly to Mr. Jain by representatives of two private firms to secure credit approval or increase in the credit limit. Mr. Jain was arrested last August along with his brother-in-law and four others for allegedly receiving a bribe of Rs. 50 lakh to grant credit extension to one of the two firms — Bhushan Steel and Prakash Industries — that were then under the CBI scanner in the coal block allocations scam. In the searches that followed, the CBI claimed to have seized Rs. 21 lakh in cash and gold worth Rs. 1.68 crore from Mr. Jain's premises.
Ø  Prince Harry will begin a month-long attachment with the Australian Army on Monday, officials said, spending time on bush patrols, working with an indigenous regiment and possibly flying helicopters. The 30-year-old, who will be nudged down to fifth in line to the throne by the birth of his brother Prince William’s second child this month, has already announced he will leave the British military in June after his Australian swansong. Upon arrival in Canberra, the royal will lay a wreath at the Australian War Memorial before reporting for duty to Australian Defence Force chief Air Chief Marshal Mark Binskin. Captain Wales, as he is known in the British Army, will be embedded with a number of Australian army units and regiments. “He is expected to take part in a range of unit-based activities and training exercises,” the Australian Defence Force said.

Ø  Pakistan is set to acquire eight submarines from China for nearly $5 billion, in what is likely to be the biggest arms export deal for the Communist giant which on Thursday defended the move, saying its defence ties with Pakistan adhered to international treaties. The deal was reportedly finalised during last month’s visit by Pakistan Naval Chief Muhammad Zakaullah to China. Often described as Pakistan’s “all-weather friend”, China is likely to extend a long-term loan, possibly at a low interest rate, to cover the cost of the project. Negotiations with China on the financial aspect of the purchase were in an advanced stage, a Pakistani media report said. Pakistan has been negotiating the purchase of submarines from China since 2011. China is Pakistan’s biggest supplier of military hardware which included battle tanks, naval ships as well as fighter jets.

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