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Major News and Events of 01 April 2016

What Happened on 01 April 2016

Home Loan EMIs to be slashed from today

With India’s largest lender State Bank of India cutting down its home loan rate from 9.5% to 9.4% from today; the EMIs for the home loans have also fallen by over Rs. 300 for those who are availing a Rs. 50 lakh, 15-year loan. Just like SBI, even ICICI Bank has announced a one-year MCLR of 9.2% but it is yet to inform about the mark-up at which it will be providing the home loans.

Partial liquor ban in Bihar from today

A partial liquor ban has been imposed in Bihar from today after a notification issued by the state government. The state cabinet approved the Excise and Prohibition department’s proposal for issuing a notification for implementation of liquor ban in rural areas in addition to banning country-made and spiced liquor. Any person indulging in manufacturing, trade, transportation, sale and/or consumption of country-made and spiced liquor in Bihar would be punished for violating the provisions of the Bihar Excise (Amendment) Act, 2016.

FAQs and Answers on Indian History and Geography
Which cities in India have the metro railway system? The Metro rail service is operational in 10 cities in India. These are Kolkata, Delhi, Bengaluru, Gurugram, Mumbai, Chennai, Jaipur, Kochi, Hyderabad, and Lucknow. The Kolkata Metro rail is the oldest metro… Read More...
Which states in India have less population than Delhi? Delhi has a population of approximately 18.6 million people, as per the latest census. Delhi's area is much less as compared to many states and Union territories in India. But in… Read More...
Which State is biggest Jute producer? West Bengal is the largest producer of jute in India. India is the largest producer of jute in the world. Approximately 60 percent of the total world produce of jute is cultivated in India… Read More...