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CURRENT AFFAIRS OF MARCH 19

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.

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INTERNATIONAL AFFAIRS


Philippines shut Financial Market due to COVID 19 outbreak


About Philippines:
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


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


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.