- 1 Arvind Saxena appointed as UPSC Chairman
- 2 SVC Cooperative Bank has been awarded National Payments Excellence Award by NPCI
- 3 UIDAI excludes Airtel Payments Bank from using full e- KYC via. Aadhaar
- 4 CSIR Lab to give technology for India’s First Indigenous Lithium Ion Battery Project
- 5 Third and Penultimate day of Asian Junior Athletics Championships at Gifu in Japan
- 6 Latest Current Affairs
Arvind Saxena appointed as UPSC Chairman
Arvind Saxena has been appointed as Union Public Service Commission (UPSC) Chairman from 20th June 2018.
Arvind Saxena is 1978 Batch Indian Postal Service Officer. He has taken the charge of acting Chairman from incumbent Vinay Mittal.
He will perform the activities and duties of the UPSC Chairman Post, from 20th June 2018 till further orders or till the completion of his term on 7th August 2020.
He joined UPSC in May 2015. He worked in the Aviation Research Centre (ARC) earlier. He has also worked in the Research and Analysis Wing (RAW).
SVC Cooperative Bank has been awarded National Payments Excellence Award by NPCI
On 8th June 2018, SVC Cooperative Bank was awarded National Payments Excellence Award 2017, by National Payments Corporation of India (NPCI).
It is the highest recognition in the Banking Industry for exceptional performance in the payments system.
The award was given for their outstanding performance in NFS ATM Network and CTS.
This effort will help them in upgrading from the cheque system to UPI System and inclusion in the digital umbrella.
UIDAI excludes Airtel Payments Bank from using full e- KYC via. Aadhaar
On 9th June 2018, Airtel Payments Bank has denied the permission to use the UIDAI’s e- KYC facility due to wrong doing in the bank’s part.
As per the RBI’s report, the Bank has used the e- KYC Facility to provide LPG subsidies to its customers without permission.
UIDAI revoked the suspension on the use of the e- KYC Facility.
This will hamper the bank’s competition in achieving new customers and to provide facilities to its existing 10 million customers.
They will be able to carry out limited KYC’s based on the Virtual IDs rolled out by UIDAI.
CSIR Lab to give technology for India’s First Indigenous Lithium Ion Battery Project
On 10th June 2018, Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under the Council of Scientific and Industrial Research (CSIR) and RAASI Solar Power Pvt. Limited has signed Memorandum of Agreement for transfer of technology for India’s First Lithium Ion Battery Project in Bengaluru.
The main objective to working on this project is to bring down the cost of the cell manufacturing below Rs 15, 000/- per KW and t replace Lead Acid Battery.
It will give a tremendous boost to two flagship programmes of Prime Minister Narendra Modi- increasing the Share of Clean Energy by generating 175 Giga Watts nu 2022 of which 100 Giga Watts will be solar and National Electric Mobility Mission to switch completely to electric vehicles by 2030.
The main aim of this project is to make Lithium Battery for solar roof top with a Life Span of 25 years to make it affordable enough to drive the Photo Voltaic Segment.
Third and Penultimate day of Asian Junior Athletics Championships at Gifu in Japan
On 9th June 2018, India won three more medals on third day of Asian Junior Athletics Championships held in Gifu, Japan.
India received three Gold, one Silver and Nine Bronze medals.
Anu Kumar won a Gold Medal in 800 men’s meter and Arpandeep Kaur Bajwa bagged a Bronze Medal in the women’s discuss throw.
The team of Gurvinder Singh, Prajwal Mandanna Kakera Ravi, Akash Kumar, and Nitin Balakumar registered a time of 40.75 seconds and won bronze medal in the Men’s 4 x 100 Relay.