8/20/2019 Daily GK Updates 19th August 2014

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1.  PM invites ideas from people on new plan body

i. Taking a step further towards scrapping the Planning Commission, Prime Minister Narendra ModiTuesday invited ideas from the people on the new institution to replace the plan body.

ii. The government also announced creation of a special open forum on the website mygov. Nic. In forsuggestions on the new institution.

iii. !e envision the proposed Institution as one that caters to the aspirations of "#st century India andstrengthens participation of the $tates.... %et the ideas flow, the Prime Minister said in a statement. It

said, The Prime Minister has invited ideas from people on what shape the new institution to replace thePlanning Commission can take.

iv. &ddressing the nation from the 'ed (ort on Independence )ay, Modi had said that the *+year oldPlanning Commission, a vestige of socialist era, would be soon replaced with a new institution to addressthe current economic challenges and strengthen the federal structure.

v. !e need a new body with a new soul.... !e will have to think about giving a new shape to thePlanning Commission.... -ery soon this new institute will start working in place of Planning Commission,Modi had said.

2. 

ICICI Bank offers EMI on debit cards

i. ICICI ank, the country/s largest private sector bank, has launched 0MI 1e2uated monthly instalments3facility on debit cards to enable its customers to convert their high value transactions into easy

instalments.ii. The private lender has tied up with $amsung India to offer this facility across 4,555 stores in thecountry, including large format retailers, multibrand outlets and standalone stores, for purchase of$amsung products like mobile phones, tablets and consumer electronics, among others.

iii. The bank is the first in the contry to introdce this facility , ICICI ank said in a statement.

iv. ICICI ank debit cardholders having fi6ed deposits with the bank can avail themselves of this facility tobuy products on 0MIs of 7, *, 4 or #" months.s

!.  "avi #hastri appointed as the $irector of Indian Cricket Team

8/20/2019 Daily GK Updates 19th August 2014

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8/20/2019 Daily GK Updates 19th August 2014

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i. )ilbagh $ingh, the noted club cricketer and founder of )elhi >ymkhana Club, died on # &ugust "#5+.