Financial Services Institutions Bureau (FSIB) | Current Affairs | Vision IAS
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Posted 12 Apr 2024

8 min read

Financial Services Institutions Bureau (FSIB)

  • FSIB has recommended Sanjay Shukla for post of managing director of National Housing Bank.

 

  • About FSIB
    • Constituted in 2022 under Department of Financial Services (Ministry of Finance), by Central Government replacing Bank Board Bureau.
    • Secretariat of Bureau currently comprises of Secretary and five officers.
    • Purpose
      • Recommending persons for appointment as whole-time directors and non-executive chairpersons on Boards of financial services institutions like Public Sector Banks, Public Sector Financial Institutions, and Public Sector Insurance Companies.
      • Advising on certain other matters relating to personnel management in these institutions.
  • Tags :
  • Financial Services Institutions Bureau
  • FSIB Purpose

Senkaku Islands

  • Joint statement issued by Japan and USA recently opposed any attempt to unilaterally change the status quo of the Senkaku Islands by China.
    • Japan and China have long-running dispute over these islands.

 

  • About Senkaku Island:
    • Also known as Diaoyu in Chinese.
    • Senkaku Islands are located in the East China Sea approximately 410 km west of Okinawa Island.
    • Largest island: Uotsuri Island.

 

  • Tags :
  • Disputed Islands
  • Japan
  • China
  • East China Sea

Baobab Tree

  • Global Society for Preservation of Baobabs and Mangroves has initiated a mission to rejuvenate baobab trees.

 

  • About Baobab Tree (Genus: Adansonia)
    • Long-lived deciduous, small to large trees from 20 to 100 ft tall with broad trunks and compact tops.
    • Grows in Africa, Madagascar and Australia.
    • Also found in Mandu, in Dhar district of Madhya Pradesh.
    • Also known as upside-down tree, because in dry season they are devoid of leaves, and their bare grey and gnarled branches resemble roots.
    • Fiber from bark is used to make rope, cloth, musical instrument strings etc.
  • Tags :
  • Baobab Tree
  • Upside- down tree

Eurasian Otter

  • For the first time in India, Eurasian otter was radio-tagged in Satpura tiger Reserve (Madhya Pradesh).
    • Other two otter species found in India – Smooth-coated otter and Asian small-clawed otter.  

 

  • About Eurasian Otter (Lutra lutra)
    • Conservation Status:
      • IUCN: Near threatened
      • Wildlife Protection Act: Schedule I
      • CITES: Appendix I
    • Distribution:
      • Found in Europe, Asia, and Africa.
      • In India, found in northern, northeast, and southern regions.
    • Characteristics: Brown Fur, adapted for aquatic lifestyle with webbed feet and ability to close small ears and nose under water.

  

  • Tags :
  • Schedule I WPA
  • Appendix I CITES
  • Near Threatened
  • Otter