21 March 2017 Current Affairs

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1) The Union Government on 20 March 2017 announced its decision to merge Bharatiya Mahila Bank (BMB) with State Bank of India (SBI). BMB, India’s first bank devoted primarily to women banking, became operational in which year? – 2013 Explanation: Bharatiya Mahila Bank (BMB) was inaugurated by the then Prime Minister Manmohan Singh on 19 November 2013 on the occasion of the 96th birth anniversary of former Indian Prime Minister Indira Gandhi. - Although initially reported as a bank exclusively ...

Top Abbreviations/Terms - January 2017

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Following is the listing of the top abbreviations and/or terms that were mentioned during January 2017 in association with some important developments. We are reviewing these terms once again for the benefit of our readers. ......................................................... OCM: Operation Clean Money OCM or ‘Operation Clean Money’ (‘Swachh Dhan Abhiyan’) is the name of the operation launched by the IT Department from 31 January 2017 that seeks to unearth unaccounted money from around 18 lakh persons who deposited amounts of Rs. 5 ...



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