We bring you the complete and important daily CURRENT AFFAIRS to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.
INTERNATIONAL AFFAIRS
Philippines shut Financial Market due to COVID 19 outbreak
About Philippines:
Capital– Manila
Currency– Philippine peso
President– Rodrigo Duterte
Capital– Manila
Currency– Philippine peso
President– Rodrigo Duterte
World Cities Summit 2020 to be held in Singapore from July 5 to 9
The theme for WCS 2020 is ”Livable and Sustainable Cities: Adapting to a Disrupted World”.
About Singapore:
President– Halimah Yacob
Capital– Singapore
Currency-Singapore dollar
President– Halimah Yacob
Capital– Singapore
Currency-Singapore dollar
BANKING & FINANCE
RBI issued new guidelines for payment aggregators; MCR reduced for new PAs to Rs 15 crore from Rs 100 crore
These are issued under Section 18 read with Section 10(2) of the Payment and Settlement Systems Act, 2007 and shall come into effect from April 1, 2020. The new rules are for non-bank PAs.
minimum capital requirements (MCR)
However the net worth needs to be increased to Rs 25 crore within three years of operations.
RBI opens dollar-swap window along with infusion of Rs 1,00,000 crore through LTRO
Long Term Repo Operations (LTROs)
S&P slashes India’s growth rate for 2020 to 5.2% from 5.7%
ECONOMY & BUSINESS
L&T Technology Services and IIT-Kanpur Sign MoU for Research in Cybersecurity Programs
APPOINTMENTS & RESIGNATIONS
Barham Salih President of Iraq designates Adnan al-Zurfi as Prime Minister
Rajiv Bajaj got reappointed as MD & CEO of Bajaj Auto for 5 years
About Bajaj Auto Limited:Headquarters– Pune,Maharashtra
Chairman– Rahul Bajaj
Chairman– Rahul Bajaj
Government nominated former chief justice of India Ranjan Gogoi to Rajya Sabha
NATIONAL AFFAIRS
Armed Forces spends Rs 26.12 crore in legal expenses
Banihal to Katra railway link to be completed by 2022
which is part of the Udhampur- Srinagar-Baramulla rail link project.
Odisha’s Konark sun temple & Statue of Unity in Gujarat finds place in iconic tourism sites list: Prahlad Singh
Govt sanctioned Rs 20,466.94 crore loan to women under ‘Stand up India scheme’: Anurag singh Thakur
the Minister of State (MoS) for Finance & Corporate Affairs,Shri Anurag Singh Thakur
SBI acquired 6.825% stake Zero Mass Private Limited
BOOKS & AUTHORS
Nitin Gadkari presents a copy of ‘Invincible – A Tribute to Manohar Parrikar’ to the President
The “Invincible – A Tribute to Manohar Parrikar” was authored by Tarun Vijay and released by defence minister Rajnath Singh on 16th March 2020.
“My Encounters in Parliament” authored by Bhalchandra Mungekar released
IMPORTANT DAYS
Global Recycling Day 2020: March 18
“Recycling Heroes” as the theme for third Global Recycling Day.
