DAILY GK UPDATE 10 June 2014

1.    RBI simplifies KYC norms for opening bank account
i. The RBI said it had been receiving representations/references from various quarters, especially migrant workers and transferred employees, regarding problems faced in submitting a proof of current/permanent address while opening a bank account.

ii. “In case the proof of address furnished by the customer is not the local address or address where the customer is currently residing, the bank may take a declaration of the local address on which all correspondence will be made by the bank with the customer.
iii. No proof is required to be submitted for such address for correspondence/local address,” the RBI added.
iv. However, this address may be verified by the bank through ‘positive confirmation’ such as acknowledgment of receipt of letter, cheque books, ATM cards; telephonic conversation; and visits.
v. “In the event of change in this address due to relocation or any other reason, customers may intimate the new address for correspondence to the bank within two weeks of such a change.”
2.    TN to launch `Amma salt’ tomorrow
i. After low-cost canteens and drinking water, the Jayalalithaa Government in Tamil Nadu is launching “Amma Salt” tomorrow.
ii. Chief Minister Jayalalithaa will inaugurate the sale of the “Amma Salt”, a product of Tamil Nadu Salt Corporation Limited (TNSC) under the State Industries Department, according to an advertisement released by the government today.
iii. The salt would be available in three varieties — double fortified, refined free flow iodised and low sodium, they said. However, the details related to pricing are not known.
iv. This is the latest in the series of welfare initiatives named after Chief Minister Jayalalithaa, who is addressed as “Amma” (mother) by her supporters.
v. Earlier, the government had launched “Amma Canteen” offering tiffin and lunch at low cost and “Amma Water,” packaged drinking water costing Rs 10 per one litre bottle.
vi. TNSC is a fully owned enterprise of the state government, which today released advertisements in media about the launch of salt.
3.    PK Mishra appointed as Additional Principal Secretary to Prime Minister
i. PK Mishra appointed as the additional Principal Secretary to Prime Minister, Narendra Modi. He is a retired IAS officer of 1972 batch of the Gujarat cadre.
ii. His appointment was cleared by the Appointments Committee of the Cabinet. 
iii. At the time of appointment, Mishra was serving Gujarat State Disaster Management Authority (GSDMA) as Director General. GSDMA was created after Kutch earthquake on 26 January 2001. 
iv. He also had the additional charge of Chairman of the state-level Environment Impact Assessment (EIA) committee of the Union Ministry of Environment & Forest.
4.    Argentina men create history, enter maiden WC semis
i. Argentina made their maiden appearance in the men's hockey World Cup semifinals after posting a comprehensive 5-1 victory over South Africa at the Kyocera Stadium in Hague,Netherlands.
ii. Argentina's victory, their fourth in five outings, gives them 12 points and ousts Olympic champions Germany from the semifinal race.
iii. Germany, who later today play South Korea in their last match, have six points from four matches after suffering identical 01 defeats against Argentina and hosts The Netherlands.

iv. Olympic silver medalists The Netherlands were the first to secure passage into the semifinals from Group B with four straight wins.
v. Argentina, placed 11 in the world rankings, continued their robust game to seal their first-ever semifinal with Gonzago Peillat and Lucas Vila scoring two goals each after Joaquin Menini opened the scoring in the 20th minute.
5.    Netherlands & Australia enter SFs of women's World Cup Hockey
i. Olympic champions Netherlands and Australia have booked their berth in the semifinals of the women's World Cup Hockey at the The Hague, Netherlands'.
ii. The Netherlands topped Group A with an all-win record from previous five games, logging 15 points after posting a 3-0 victory over South Korea at the Kyocera Stadium yesterday.
iii. Netherlands have finished top of the group with Australia following second. The Netherlands' victory also assured Australia's entry into the semifinals. Since the Australian eves were held goalless by New Zealand in their match. 

6.    Hockey World Cup: Australia thrash India 4-0
i. India suffered a humiliating 0-4 loss against defending champions Australia in their final group league encounter of the FIH Men’s Hockey World Cup, in The Hague on Monday.
ii. Asserting their strength, Australia built up a four-goal lead in the initial 22 minutes, before the Indian managed to regroup themselves and put up a stronger defence thereby denying the fancied rivals, a chance of scoring any more goals.
iii. India now await the result of the Spain-Malaysia result later on Monday to know whether they finish fourth or fifth in the group. Spain have two points from four matches, while Malaysia have lost all their four games.
iv. A draw or a Malaysian victory will help India finish in the fourth spot in the group, and then play-off for the seventh and eighth spots.


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