Current Affairs – January, 2015

Latest Current Affairs January, 2015 with Current Affairs, news summary on current events of National and International importance of January, 2015 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Pradhan Mantri Jan Dhan Yojana features into Guinness book of World Records

NDA government’s flagship scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) has entered into Guinness book of World Records.

Guinness book of World Records has given certificate stating it as most bank accounts opened in one week.

In one week, 18,096,130 bank accounts were opened as part of the financial inclusion campaign from 23rd to 29th August, 2014. It was achieved by the Department of Financial Services (Government of India).

Pradhan Mantri Jan Dhan Yojana (PMJDY)

  • It was launched by Prime Minister Narendra Modi with the goal of eradicating financial untouchability of the poor by opening at least one bank account for every family in the country in less than six months.
  • It seeks to financially empower the poor by providing them access to formal banking system.
  • It also seeks to provide platform for Direct Benefits Transfer (DBT) which will curb leakages in government subsidies and thus saving government exchequer.
  • Initially, after its launch the scheme had a target of opening 7.5 crore bank accounts by 26 January, 2015, but later it was revised and raised to 10 crore bank accounts.
  • As on 17th January 2015, PMJDY has achieved feat of opening of 11.50 crore bank accounts under it in the short span of 5 months since it was launched.

Month:  Categories: Business, Economy & BankingGovernment Schemes & Projects

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Japanese automaker Toyota tops in global vehicle sales

Japanese automaker Toyota Motor Corp. has topped in global vehicle sales in 2014 by selling 10.23 million vehicles, beating Volkswagen and General Motors.

While, Germen automaker Volkswagen AG is second in global vehicle sales list and has sold 10.14 million vehicles in 2014.

Detroit-based General Motors (GM) is third in the list and has sold at 9.92 million vehicles.

Some facts

  • In 2014, Toyota’s sales grew 6 per cent in the U.S, 13 per cent in China, and 10 per cent in Brazil compared to year 2013.
  • But in 2011, company had suffered a setback in top position rank, when its production was hit by the earthquake and tsunami in northeastern Japan but it made a comeback as No. 1 in 2012.
  • It should be noted that, GM was top-selling automaker for more than seven decades. But in 2008, it was surpassed by Toyota.

Month:  Categories: Business, Economy & Banking

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