Daily Current Affairs 11th April, 2018

Daily Current Affairs 11 April 2018 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

UIDAI puts digitally signed QR code with photo on eAadhaar

The UIDAI (Unique Identification Authority of India) has recently replaced existing QR code on eAadhaar having resident’s demographic details now with a secured digitally-signed QR Code which contains demographics along with photograph of the Aadhaar holder.

  • The new feature, the digitally-signed QR code, will contain photo of the Aadhaar holder in addition to existing facility of demographic details, in turn allowing various user agencies like banks to verify authenticity of Aadhaar card offline.

Andhra Pradesh becomes second state to get happiness department

The Andhra Pradesh government will soon constitute a Happiness Commission that will take up a series of programmes to promote “happiness” in the state.

  • The commission, which will work under the department of planning, will be headed by chief minister N Chandrababu Naidu.
  • Andhra Pradesh became the second state in the country to introduce an exclusive ministry for happiness in April 2017. Madhya Pradesh is the first.

Hry govt comes up with Water ATM policy for urban areas

The Haryana government has come up with Water ATM Policy to provide clean drinking water to people at public places in cities. Residents of cities in Haryana can now look forward to having a water ATM every 400 metres.

Google commemorates India’s first superstar KL Saigal with a doodle on his 114th birth anniversary

Google paid tribute to “India’s first superstar” K.L. Saigal with a special Doodle to mark his 114th birth anniversary. Born on April 11, 1904 in Jammu, Kundanlal Saigal was considered the first superstar of the Hindi film industry. He sang 200 film and non-film songs that continue to enthrall generations of music lovers even today.



INTERNATIONAL NEWS

First India-Nordic summit to boost ties with 5 nations

Prime Minister Narendra Modi will meet leaders of Sweden, Norway, Finland, Denmark & Iceland for the first India-Nordic Summit in Stockholm on April 17.

  • Modi will be the first Indian PM to visit Stockholm since 1988.


BANKING & FINANCE

Nabard frames self-healing norms for RRBs

The National Bank of Agriculture and Rural Development (Nabard) has come out with a ‘Prompt Corrective Action (PCA) Framework’ framework for regional rural banks (RRBs), much like the revised one the RBI unveiled for scheduled commercial banks nearly a year ago.

  • This framework is aimed at enabling RRBs that fail to meet prudential requirements relating to capital adequacy, net non-performing assets (NNPAs) and return on assets (ROA) to take self-corrective action to arrest further deterioration in their financial position.
  • The PCA will be invoked if RRBs breach trigger points on three parameters: capital to risk-weighted assets (CRAR) ratio, assets (NPAs), and profitability (ROA). The PCA framework will be implemented based on the findings of Nabard’s inspection with reference to RRBs’ FY2019 financial performance.


APPOINTMENTS

CII appoints Rakesh Bharti Mittal as new President

Industry chamber Confederation of Indian Industry (CII) has appointed Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises as its new President.

Messi named ‘responsible tourism ambassador’ by UN body

The UN World Tourism Organization has appointed FC Barcelona’s Argentine star Lionel Messi as an ambassador to promote responsible tourism.

  • The UN body defines “responsible tourism” as tourism that “helps maximise the sector’s benefits while minimising its potentially negative impact on the environment, cultural heritage and societies across the globe”.


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  101. In accordance with my observation, after a in foreclosure process home is bought at a bidding, it is common for your borrower to still have a remaining balance on the personal loan. There are many lenders who seek to have all service fees and liens repaid by the upcoming buyer. Even so, depending on certain programs, laws, and state laws there may be quite a few loans which aren’t easily fixed through the transfer of financial products. Therefore, the duty still rests on the customer that has acquired his or her property foreclosed on. Thanks for sharing your opinions on this blog.

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  135. I have observed that over the course of making a relationship with real estate entrepreneurs, you’ll be able to get them to understand that, in every single real estate contract, a commission is paid. Finally, FSBO sellers really don’t “save” the commission. Rather, they try to win the commission by doing a great agent’s task. In this, they commit their money and time to execute, as best they might, the tasks of an agent. Those responsibilities include uncovering the home via marketing, introducing the home to buyers, making a sense of buyer urgency in order to induce an offer, arranging home inspections, handling qualification assessments with the loan provider, supervising fixes, and facilitating the closing of the deal.

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  163. In my opinion that a property foreclosures can have a significant effect on the borrower’s life. House foreclosures can have a Seven to 10 years negative affect on a client’s credit report. A borrower who have applied for a home loan or any kind of loans for instance, knows that the actual worse credit rating will be, the more complicated it is for any decent financial loan. In addition, it could affect any borrower’s ability to find a good place to let or hire, if that becomes the alternative real estate solution. Interesting blog post.

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