Daily GK Update : 17 June 2015

1. Micro lender Bandhan to launch bank on 23 August
The group received its final banking licence from the Reserve Bank of India and now plans to work in 27 Indian states.

2. President Pranab Mukherjee promulgates ordinance on cheque bounce cases
The ordinance will enable filing of cheque bounce cases in the place where the cheque was presented for clearance or payment and not the place of issue. 

3. Nestle India to destroy $50M of noodles due to lead
This was following a sales ban imposed by Indian food safety authorities for unsafe levels of lead.

4. Four terrorists killed in Pakistan
Four terrorists were killed in a gunfight with the security forces in Pakistan’s Karachi city 

5. Japan lowers voting age to 18
Japan passed legislation to lower the voting age to 18 from its current 20 today, allowing teenagers into polling booths for the first time.