Current Affairs Daily Digest – February 18 2017


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  1. Banks Board Bureau Appoints Eight Executive Directors in Various Banks

Eight Executive Directors (EDs) have been appointed in various public sector banks on the recommendations of Banks Board Bureau Initially, they have been appointments for a three-year period.

List of Appointed Executive Directors

  • Neelam Damodharan and Atanu Kumar Das have been appointed as EDs in Bank of India. Presently, Damodharan serves as the General Manager in Bank of Baroda and Das is General Manager in Vijaya Bank.
  • K Swaminathan, the General Manager in Indian Overseas Bank, has been appointed as ED in Indian Overseas Bank.
  • Ashok Kumar Pradhan has been appointed as the ED in United Bank of India. Presently he serves as the Chief General Manager with State Bank of Bikaner and Jaipur.
  • P Ramana Murthy will be Executive Director of Central Bank of India. He is GM of Allahabad Bank.
  • Fareed Ahmed Khan, General Manager of Corporation Bank, has been appointed as the ED in Punjab and Sind Bank.
  • M K Bhattacharya, Chief General Managers of State Bank of Mysore has been appointed as the EDs of Indian Bank
  • S Harishankar who serves as Chief General Managers of State Bank of Travancore has been appointed EDs of Allahabad Bank.
  1. Lata Mangeshkar honoured with Legendary Award

Indian melody queen Lata Mangeshkar has been honoured with the ‘Legendary Award’ by The Brand Laureate.he Brand Laureate recognises world-class achievement in branding amongst individuals and companies.

The Brand Laureate Legendary Award has been earlier given to the likes of former South African president Nelson Mandela, Nobel Laureate Mohammad Yunus, Indian businessman Ratan Tata, late Apple co-founder Steve Jobs, Facebook CEO Marck Zuckerburg and F1 racer Michael Schumacher.

  1. Veteran Hindi Scholar and Novelist Surendra Verma Selected for 2016 Vyas Samman

Renowned Hindi litterateur and playwright Surendra Verma has been selected for 2016 Vyas Samman for his novel Kaatna Shami Ka Vriksha Padma Pankhuri Ki Dhar Se. This novel was published in the year 2010. Mr Verma would be presented a cash prize of Rs. 3.50 lakh a citation and a logo for the prestigious award instituted by K K Birla Foundation.

Vyas Samman

  • The Vyas Samman is a literary award in India, first awarded in 1991 . It is awarded annually by the K.K. Birla Foundation and includes a cash payout of Rs 250,000 (as of 2005).
  • To be eligible for the award, the literary work must be in the Hindi language and have been published in the past 10 years.
  1. Government Increases the Cash Credit Limit For MSMEs To 30 %

The government has increased the cash credit limit for micro, small and medium enterprises (MSMEs) to 30 percent of turnover from the existing 20 percent to encourage such ventures conduct businesses digitally, Minister of State for Finance Arjun Ram Meghwal said.

The decision has taken  that the CC (cash credit) limit be increased to 30 percent of turnover from existing 20 percent.

  1. Khadi made compulsory for all Central govt hospitals

The Health Ministry has ordered all of its 23 government hospitals to use only Khadi products.  The Health Ministry has ordered all of its 23 government hospitals to use only Khadi products.

The Khadi & Village Industries Commission has bagged orders running into crores of rupees from private sector as well as government agencies including health ministry, railways and Air India during the past six months.

  1. Govt makes Aadhaar must for availing university scholarships

To avail benefits under the Central Sector Scholarship Scheme for College and University students, applicants will now have to furnish proof of possession of Aadhaar card or undergo Aadhaar authentication, the human resource development (HRD) ministry has said.

Those receiving these scholarships but who don’t have an Aadhaar card will have to apply for enrolment by June 30 this year, the ministry said in a notification.

  1. ‘Mil Banche’ programme organised in all govt schools of Madhya Pradesh

The ‘Mile Banche Madhya Pradesh’ programme has been getting an overwhelming response with over 1.26 lakh volunteers including MP Chief Minister Shivraj Singh Chouhan besides pensioners, mediapersons, homemakers and other professionals getting registered to play the role of a ‘teacher’ for a day in government-run schools.

Over 31,000 people have volunteered, including chief minister and several of his ministerial colleagues for Madhya Pradesh government’s novel project on a participatory learning to be held in the state on February 18.

  1. UDAN scheme to increase number of airports by 50

The implementation of the regional air-connectivity scheme, UDAN, will see the number of operational airports in the country shoot up by over 50, while the cost of travelling will come down to as low as ₹2,500 for up to an hour of air journey, said Jayant Sinha, Minister of State for Civil Aviation.

There are 75 small operational airports in the country, and this number will increase to over 125 with the successful implementation of UDAN (Ude Desh ka Aam Nagrik) — the new scheme through which the government hopes to make flying viable to Tier II and III cities.

  1. ICGS AYUSH the Indian Coast Guard Ship installed at Kochi

The Cochin Shipyard has delivered the 13th of the series of 20 Fast Patrol Vessel — ICGS Anmol – under construction for the Indian Coast Guard. The vessel will be operated from the Coast Guard station at Haldia.

  • As on date, 12 ships out of 20 have been handed over to Coast Guard, the 15th ship has been launched, and keel of 16th ship has been laid.
  • The Shipyard has successfully delivered 12 ships in a span of just 20 months with an average delivery interval of 1.6 months, against the contractual commitment of three months interval.
  1. Gambia invites President Mukherjee on eve of the countrie’s Independence Day

The President of India, Shri Pranab Mukherjee has extended his greetings and felicitations to the Government and people of the Islamic Republic of The Gambia on the eve of their Independence Day (February 18, 2017).

  1. Muthoot Exim ties up with Divine Solitaires

Muthoot Exim has tied with Divine Solitaires Pratham to retail Swarnavarsham diamond jewellery. To start with, the company will offer 18-Karat gold rings studded with 0.14 cents diamond of EF color and VVS clarity (most preferred in south India). This ring is being offered in three sizes of 12mm, 14mm and 16mm with weight of gold as 2gm, 2.2gm and 2.4gm. One year free insurance is also being offered on diamonds.

  1. Raytheon signs MoU with TASL for co-production of Stinger missile components

US-based Raytheon Company has said it has signed an agreement with Tata Advanced Systems (TASL) to engage in co-production of Stinger air defense missile components.

Raytheon Company is a technology and innovation firm specialising in defense, civil government and cyber security solutions headquartered in Waltham, Massachusetts.

  1. Aero India copy 5HAL signs MoU with CPWD to build helicopter facility at Tumakuru,Karnataka

Hindustan Aeronautics Limited (HAL), signed a Memorandum of Understanding (MoU) with Central Public Works Department (CPWD) for execution of infrastructure development works at HAL’s new Greenfield helicopter facility at Tumakuru.

  • The project spread over 615 acres of land allotted by the Karnataka government will house infrastructure for production and testing facilities, self-sufficient manufacturing capabilities of a wide range of helicopters of 3-ton to 12-ton class, said T Suvarna Raju, Chairman and Managing Director, HAL.
  • Prime Minister Narendra Modi had laid the foundation stone for HAL’s new helicopter manufacturing facility at Biderehalla Kaval, Tumakuru on January 3, 2016.
  1. NRAI gets highest WHO ratings for vaccine regulations

The National Regulatory Authority of India (NRAI) has been given the maximum ratings by global health body World Health Organisation for vaccine regulations.

WHO completed the assessment of the status of the Indian vaccine regulatory system against WHO NRA Global Benchmarking Tool (GBT) and measured the maturity of the system in India.

  1. Pakistan Senate passes landmark Hindu marriage bill

The landmark bill to regulate marriages of minority Hindus in Pakistan is set to become a law with the Senate unanimously passing it.

The Hindu Marriage Bill 2017, which is the first elaborate Hindu community’s personal law, was adopted by the Senate.

The bill had already been approved by the lower house or the National Assembly on September 26, 2015, and it now just needs signature of the President, a mere formality, to become a law.

  1. Southern & Central California hit by Powerful Pacific storm

A powerful Pacific storm blew into Southern and Central California with wind-driven heavy rains that downed power lines and electrocuted a man, stranded others in flooded areas and disrupted hundreds of flights at airports.

With the storm feeding on an atmospheric river of moisture stretching far out into the Pacific, precautionary evacuations of homes in some neighbourhoods were requested due to the potential for mudslides and debris flows.

  1. Grandmaster Dronavalli & Padmini won World Women’s Chess Championship

Grandmaster Dronavalli Harika and International Master Padmini Rout created history by winning the tiebreaks of the second round of World Women’s Chess Championship in Tehran.

Both the Indians have now advanced to the last-16 stage of the championship. In the next round, Harika will take on Sopiko Guramishvili of Georgia, while Padmini will meet another Chinese Tan Zhongyi.

  1. Former MP Jambuwantrao Dhote widely called ‘Lion of Vidarbha’ passes away

Firebrand Vidarbha leader and former Nagpur MP Jambuwantrao Dhote passed away.He was 78.Known as the Lion of Vidarbha for his support to statehood for the region, Dhote was also a legislator for two terms from Yavatmal district.

The veteran politician joined hands with Indira Gandhi in 1978 and made an electoral adjustment with the Congress in 1978 state elections.


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