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18 September 2018

●Govt. to merge Dena Bank, Vijaya Bank & Bank of Baroda to create India’s third largest bank(after SBI & HDFC Bank)
↪with an aim to facilitate consolidation among Nationalised Banks to create strong & competitive banks(at national & international level)
●Sifting Cultivation;-{or jhum’ cultivation}
↪farmers clear a piece of land by slashing or cutting down trees & bushes.and then burnt which releases nutrients into soil
↪now crops are grown for few years
•NITI Aayog report has recommended a “mission on jhum cultivation” to ensure inter-ministerial convergence
●Asia Pacific Policy Group (APPG);-
↪examines cases of all countries on the grey & black lists and reports to FATF
↪Pakistan was placed in grey list for failing to curb terror funding
•Financial Action Task Force(FATF);-
↪Is an intergovernmental organization founded in 1989 on the initiative of G7 to develop policies to combat money laundering.(also included terrorism financing in 2001)
●India Cooling Action Plan (ICAP);-
↪to provide sustainable cooling & thermal comfort for all while securing environmental & socio-economic benefits for the society
↪India is the first country in world to develop such a document (ICAP)
↪Reduction of cooling demand(by 20% to 25 %)& Reduction of refrigerant demand(by 25% to 30%)by year 2037-38.etc.
●India’s first ‘smart fence’ pilot project;-{launched along India-Pakistan International Border in Ploura,J&K}
↪Is expected to be a massive boon for 'monitoring security situations' in border areas
↪It'll make impossible for terrorists to infiltrate into Indian side of border
●World’s first hydrogen train;-{by Germany}
↪Hydrogen trains are equipped with fuel cells that produce electricity through a combination of hydrogen & oxygen
●Maharashtra to set up cyber varsity;-
↪dedicated to mitigating cyber threats
•New Cyber University will train 3,000 professionals to fight online space cyber attacks,Internet crimes etc.

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