Daily GK Potion – 21st November 2014

  1. RBI asked banks to inform customers about fall in minimum balance
    • The Reserve Bank asked banks to inform their customers about fall in minimum balance well in advance.
    • It said that penalty charges should be levied only to the extent of shortfall in such balances.
    • The guidelines with respect to levying of penal charges for non-maintenance of minimum balance will come into effect from April 1, 2015.
    • In the event of a default in maintenance of minimum balance, the bank should notify the customer clearly by SMS/email/letter, giving them time period of one month to restore the balance so as to avoid penal charges.
  2. Kotak Mahindra Bank will acquire ING Vysya Bank
  3. Obama will be chief guest on republic day
    • U.S. President Barack Obama will travel to India in January 2015 to participate in the Indian Republic Day celebration in New Delhi as the Chief Guest.
    • He will be the first US President to participate in the Indian Republic Day celebration in New Delhi as the Chief Guest.
  4. BCCI awards announced
    • Col C K Nayudu Lifetime Achievement Award: Dilip Vengsarkar — Citation, trophy and cheque for Rs. 25 lakh
    • Polly Umrigar Award: Bhuvneshwar Kumar – Trophy and cheque for 5 lakh (263 runs, inclusive of three fifties and 22 wickets from 7 Tests, 17 wickets from 22 ODIs, 7 wickets from 7 T20 Internationals.
    • Special award: Rohit Sharma for scoring a world record ODI score of 264 in the fourth and penultimate match of the five-game series against Sri Lanka earlier this month.
    • Lala Amarnath Award for the best all rounder in Ranji Trophy 2013-14: Parvez Rasool (J & K CA) — Trophy and cheque for 2.5 lakh (663 runs and 27 wickets from 9 matches)
    • Lala Amarnath Award for the best all rounder in domestic limited overs domestic competitions 2013-14: R Vinay Kumar —— (KSCA) —Trophy and cheque for 2.5 lakh (113 runs and 40 wickets from 12 matches)
    • Madhavrao Scindia Awad for highest scorer in Ranji Trophy 2013-14: Kedar Jadhav (Maharashtra CA) — Trophy and cheque for Rs 2.5 lakh (1223 runs in 11 matches @ 87.35, inclusive of six hundreds and 2 fifties)
    • Madhavrao Scindia Awad for highest wicket taker in Ranji Trophy 2013-14: Rishi Dhawan (HPCA) — Trophy and cheque for Rs 2.5 lakh (49 wickets @ 20.3 in 8 matches, Inclusive of six 5WI and one 10WM)
    • M A Chidambaram Trophy for best under 25 cricketer 2013-14: Rahul Tripathi (Maharashtra CA) — Trophy and cheque for Rs 50,000 (797 runs @ 88.55 in 7 matches, inclusive of four centuries and one fifty, in the Col. C K Nayudu Trophy)
    • M A Chidambaram Trophy for best under 19 cricketer 2013-14: B Anirudh (Hyderabad CA) — Trophy and cheque for Rs 50,000 (909 runs @ 82.63 in 7 matches, inclusive of three hundreds and three fifties, in the Cooch Behar Trophy)
    • M A Chidambaram Trophy for best under 16 cricketer 2013-14: Shubham Gill (PCA) — Trophy and cheque for Rs 50,000 (734 runs @ 73.4 in 7 matches, inclusive of three hundreds and two fifties, in the Vijay Merchant Trophy)
    • M A Chidambaram Trophy for best woman cricketer 2013-14: Smriti Mandhana (Maharashtra CA) — Trophy and cheque for 50,000 (821 runs @ 136.83 in 10 matches, inclusive of four hundreds and three fifties, in the under 19 inter state women’s limited overs tournament)
    • Best umpire in domestic cricket 2013-14: Anil Chaudhary — Trophy and cheque for 50,000
    • Best overall performance in 2013-14: Maharashtra CA 13 points; Railways Sports Promotion Board 13 points.