15 June 2016 Current Affairs
Cabinet Approves Raising Retirement Age of CHS Doctors
“The Union Cabinet has given its approval for enhancement of the age of superannuation of non-teaching and public health specialists of CHS from 62 years to 65 years and doctors of General Duty Medical Officers (GDMOs) sub-cadre of CHS to 65 years.”
Union Cabinet approves MoU Between ISRO and Canadian Space Agency
The Union Cabinet has approved the Memorandum of Understanding (MoU) between Indian Space Research Organization (ISRO) and Canadian Space Agency (CSA) on cooperation in the field of outer space. The MoU was signed between two parties in Ottawa, Canada in April 2015. It will lead to establishment of joint team, drawing members from CSA and ISRO. The joint team will work out the plan of action including defining and examining cooperative projects and the time-frame. It will provide opportunities for diverse research and development in the field of peaceful uses of space technologies.
President Pranab Mukherjee was accorded with Grand Cross National Order of the Republic of Cote D’Ivoirie in a simple ceremony at the President’s Palace in Abidjan. It is the highest civilian award of Ivory Coast.
Union Cabinet Approved Merger of SBI with its Five Subsidiaries
“The Union cabinet on 15 June approved the merger of the State Bank of India (SBI) with the five subsidiaries of Bank.Apart from this, the Bharatiya Mahila Bank will also be merged with the SBI and the cabinet had cleared this proposal too. The merger will create a behemoth with an asset base of 37 lakh crore rupees with 22500 branches and nearly 60000 automated teller machines.
* State Bank of Bikaner and Jaipur
* State Bank of Hyderabad
* State Bank of Mysore
* State Bank of Patiala
* State Bank of Travancore”
