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Current Affairs for Bank PO - 22 April 2014

1240 April 23, 2014  April 2014 Current Affairs
  1. Earth Day being observed today. World celebrates 22 April 2014 as the 44th anniversary of Earth Day, an occasion for people to celebrate and raise awareness of the nature. It was founded by the US senator Gaylord Nelson as an environment teach-in held on this day in 1970. With over 20 thousand partners and organisations in 190 countries, more than 1 billion people participate in Earth Day activities, making it the largest secular civic event in the World.
  2. India and Bhutan have signed an agreement on development of hydro-power projects.
  3. New Delhi, Hyderabad and Bangalore were among the global cities with maximum shopping center space under construction in 2014, according to the latest Global Viewpoint report from realty consultant CBRE. New Delhi was ranked at 21st rank, Hyderabad stood at 23rd position and Bangalore grabbed the 31st place in the global ranking while Chennai was among the top 15 most active shopping center development markets in the world in 2013.
  4. World First nuclear plant was designed by Scientist of MIT (Massachusetts Institute of Technology). Concept was presented at American Society of Mechanical Engineers Symposium by Neil Todreas, Michael Golay and Jacopo Buongiorno.
  5. India is likely to urge Kazakhstan to relax its qualification and visa rules for the banking sector that is weighing heavy on Punjab National Bank (PNB) that started operations in the country in 2011. Finance Minister P Chidambaram, who is scheduled to visit the country later this month, may also seek help from Kazakh officials for recovery of dues that PNB inherited when it acquired 91 per cent stake in local Dana Bank in 2011. "PNB is finding it difficult to run its branches in Kazakhstan because of archaic banking laws, sizeable irrecoverable loans and problems related to work permits and business visas for India-based officers," a Government official pointed out. PNB chose Kazakhstan to establish its presence because of the growing economic ties between the two economies, especially in the energy sector.
  6. New Mineral discovered by the Scientists in Western Australia. This mineral is unique in structure and composition among the world
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