Daily Update - 21st March 2014

1. World Forestry Day Observed.

       World forestry day was observed on 21st march to increase public awareness about values of forests. United Nations Food and Agricultural Organization (UNFAO) on 1971 declared 21st march as world forestry day.


2. RBI Deputy governor KC Chakraborthy resigns.

        KC Chakraborthy ,deputy governor of the RBI resigns from office,3 months ahead of completion of his term.He was appointed in 2009 and extended his tenure in 2012,earlier he served as the CMD of Punjab National Bank(PNB)

3. Indian Journalist won Google digital activism Award.

       Indian Journalist Subranshu Choudhary won the digital activism award 2014 for regional news service defeating US whistle blower Edward Snowden.The award was given for his work using mobile phones to bring local news to tribals region in their native language.He is also the founder of CGnet swara that enbles tribals in Chattisgarh to connect to outside world.

4. Chinese insurance firm offered smog insurance.

       State owned insurance company ping An insurance  offere smog insurance for tourists and natives of six highly polluted cities Beijing,Shangai,Guangzhou,Xian,Chengdu and Harbin.Smog insurance will pay compensation for those who are plagued by smog,compensation will be based on air quality index(AQI)

5. RBI issued notice to banks concerning discontinuation of Windows XP.

 

  Reserve Bank of India raised concern over the threat expected to face from discontinuation of windows XP by Microsoft corporation from 8th April,Withdrawal will stop release of updates and patches for the OS, which will make it more vulnerable to virus attacks.In India most of the banking system are running on windows XP.