Day: January 9, 2019

DNA Technology Bill

January 9, 2019

Lok Sabha passes “The DNA Technology (Use and Application) Regulation Bill – 2019” In a landmark decision, the Lok Sabha today passed “The DNA Technology (Use and Application) Regulation Bill – 2019”. The Bill has been formulated recognizing the need for regulation of the use and application of Deoxyribonucleic Acid (DNA) technology, for establishing identity […]

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Private FM Channels permitted to carry All India Radio News

January 9, 2019

In a historic initiative, Private FM Channels permitted to carry All India Radio News This collaborative effort will inform, educate and empower the citizens of India: Col Rajyavardhan Rathore Union Minister of State (Independent Charge) for Information & Broadcasting and Youth Affairs & Sports, Col. Rajyavardhan Rathore (Retd.) today launched the sharing of All India […]

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I&B Ministry hikes advertisement rates

January 9, 2019

I&B Ministry hikes advertisement rates for print media by 25% Decision to be of immense benefit to small and medium newspapers including those in regional and vernacular languages Ministry of Information & Broadcasting has taken a decision to revise the advertisement rates for print media by announcing a hike of 25% over and above the […]

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Cyber Crime prevention

January 9, 2019

Cyber Crime prevention against Women and Children The main objective of Cyber Crime Prevention against Women and Children (CCPWC) Scheme is to have an effective mechanism to handle cybercrimes against women and children in the country. The scheme has a total estimated outlay of Rs. 223.198 crores and main features of the scheme are given […]

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Modernization of Police Force

January 9, 2019

‘Public Order’ and ‘Police’ are State subjects as per the Constitution of India. Therefore, equipping of police forces is the primary responsibility of the State Governments. However, the States have not been able to modernize and equip their police forces up to the desired level due to financial constraints. It is in this context that […]

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Rationalisation of staff

January 9, 2019

The Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980 provide that the Central Government, in consultation with the Reserve Bank of India (RBI), may make a scheme, inter alia, for the amalgamation of any nationalised bank with any other nationalised bank or any other banking institution. Various committees, including Narasimhan Committee […]

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Powers of Reserve Bank of India (RBI)

January 9, 2019

The Reserve Bank of India (RBI) regulates and supervises Public Sector And Private Sector Banks. Under the provisions of the Banking Regulation Act, 1949, it can, inter alia― inspect the bank and its books and accounts (section 35(1) ibid.); examine on oath any director or other officer of the bank (section 35(3) ibid.); cause a […]

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Pradhan Mantri Jan Dhan Yojana

January 9, 2019

As apprised by banks, as on 26.12.2018, there are 33.66 crore accounts under Pradhan Mantri Jan DhanYojana (PMJDY). Out of these accounts, 28.16 crore PMJDY accounts are operative accounts. Accounts could be closed by banks on request of concerned customers. Further, vide, Reserve Bank of India (RBI)’s Master Circular on Know Your Customer (KYC) Norms, […]

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