Current Affairs May 11:

IMPORTANT DAYS:

·        National Technology Day

NATIONAL:

·        Gujarat announces 'Agri Business Policy-2016'

·        India, Mauritius sign pact to curb tax evasion

·        Government to set up AIIMS-like institute for Ayurveda

·        Delhi Police to set up 'deradicalisation' centre

·        Nagaland to teach financial literacy in schools

·        Government amending Act to check false medicine ads

·        Jammu &Kashmir bans non-biodegradable items in government offices

·        Indian Navy decommissions fighter planes Sea Harriers

·        Indian Navy launches underwater vigil system in Visakhapatnam

·        Harish Rawat wins Uttarakhand floor test

·        Government approves Gilead's Hepatitis C drug patent

·        India developing $5 bn infra projects in South Asia

·        Telecom project for Lakshadweep, Andaman

·        Kendriya Vidyalayas to include PETA programme

·        Government allows 100% FDI in ARCs via automatic route

·        Government distributes 61k crore through DBT scheme

INTERNATIONAL:

·        Rodrigo "Digong" Duterte wins the Philippines Presidential Election

·        Norway sets up Panama Papers hotline

·        Obama 1st serving US Prez to visit Hiroshima

·        France to set up deradicalisation centres

APPOINTMENTS:

·        Pondicherry Varsity VC  Chandra Krishnamurthy sends her resignation

·        Senior advocate Atma Ram Nadkarni appointed Additional Solicitor General

·        ICICI Prudential appoints Sankaran Naren as executive director

BANKING :

·        RBI to issue 1000 banknotes with inset letter R

·        RBI cancelled Certificate of Registration of four NBFCs

AWARDS AND HONOURS:

·        Priyanka in Millennial Leaders list by U.S. News

·        NK Singh gets Japan's 2nd highest civilian award

·        Priyanka most desirable woman of 2015: TOI poll

·        Madhya Pradesh Tourism wins Best Indian Destination for Wildlife Award

BUSINESS AND ECONOMY:

·        Walmart sues Visa on PIN-based transactions

·        Quikr acquires on-demand beauty startup Salosa

·        On-demand truck platform Moovo acquires GoGoods

·        Malaysian firm to buy 30% stake in GMR Energy

SCIENCE AND TECHNOLOGY:

·        Amazon launches its online video service

·        Google launches free WiFi at 5 railway stations

·        Infosys Foundation signs pact with IISER

SPORTS:

·        Australian women cricketers raise $4k for paralympians

·        Rio-bound Indian athletes to get 3 lakh bonus

·        Shashank Manohar resigns as BCCI President

Current Affairs May 12:

Important Days:

·         International Nurses Day

·         Director General Naval Projects(DGNP) Visakhapatnam celebrates Golden Jubilee today

National:

·         3-day international Vichaar Mahakumbh to begin in Madhya Pradesh today

·         Uttar Pradesh government approves 200-km 'Bicycle Highway'

·         Centre lifts President's Rule in Uttarakhand

·         Parliament passes bill on potable alcohol

·         Government sets up panel to draft national policy on marine fishery

·         Rajasthan Universities to adopt rainwater harvesting

·         Government fixes ceiling price of 54 drug formulations

·         I-T Dept's PAN-Aadhaar linkage crosses 50 lakh

·         Gujarat BJP to celebrate Vikas Parva to mark completion of 2 years of Modi government

·         Delhi no longer world's most polluted city: WHO

International:

·         US ­India Defence Cooperation Act introduced in Senate

·         SAARC nations to set up uniform child helpline

·         Brazil President Rousseff suspended for six months

·         Azerbaijan worst in Europe for LGBTI

·         Islamic State releases app for children

·         Kenya to close World's biggest refugee camp in Dadaab

·         Social fridges scheme of Europe adopted by Argentina as poverty rises

Appointments:

·         Manohar elected first independent ICC Chairman

·         Zidane named ambassador for Mumbai-based realtor

·         New chief justices in Tripura, Chhattisgarh, Rajasthan

·         AR Rahman named Goodwill Ambassador for Olympics

Banking :

·         Kotak Mahindra Bank Chief Uday Kotak sole Indian on Forbes’ most powerful list

Books and Authors:

·         Chaos and Caliphate: Jihadis and the West in the Struggle for the Middle East by Patrick Cockburn

Awards and Honours:

·         Obama honours Indian-American Teacher Revathi Balakrishnan

·         Uttar Pradesh, Jammu &Kashmir among Lonely Planet Travel Award winners

Business and Economy:

·         Reliance Jio launches wallet service JioMoney

·         Nalco signs MoU with BARC for research and development

·         Gold-plated car worth $1 Million displayed in Dubai

·         On-demand driver startup DriversKart buys Driven

Science and Technology:

·         NASA’s Kepler telescope finds largest trove of exoplanets

·         Scientists develop second skin to reduce wrinkles, eye bags

·         Google Translate enables translations in any app

·         Samsung creates smart surfboard with LED display

·         Instagram debuts new logo, redesigns app

·         WhatsApp launches desktop app for Mac, Windows

·         Opera launches power-saving mode for computers

Sports:

·         Ritu Rani, Raghunath & Dharamvir recommended for Arjuna Award

·         Wrestlers Ravinder Khatri, Babita Kumari bag Rio Olympic berths

·         Charlotte Edwards, England women’s cricket captain, retires from international cricket

Obituary:

·         Cricket commentator Tony Cozier dies aged 75

Different Types Of ATM

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1.On site ATM - Within the premises of bank
2.Off site ATM - Outside the bank premises
3.Worksite ATM- Is located within the premises of an organisation and is generally meant only for the employees of the organisation.
4.Cash Dispenser- Allows only cash withdrawls,balance enquiry and mini statement requests, cash dispenser(CD)
5.Mobile ATM- Refers to an ATM that moves in various areas for the customers. Few priavte banks have introduced ATM on wheels.
6.White Label ATM - Provided by NBFC
7.Green Label ATM - Provided for Agricultural Transaction
8.Orange Label ATM - Provided for Share Transactions
9.Yellow Label ATM - Provided for E-commerce
10.PINK label ATM---Women banking
11.BROWN label ATM-- ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider--but cash management and connectivity to banking networks is provided by a sponsor bank .