CURRENT AFFAIRS 12TH MARCH

Ashu Khullar appointed as CEO of CITI Bank of India

Ashu Khullar will replace Pramit Jhaveri as CEO of CITI Bank India from April 1, 2019.  In January, the RBI imposed a Rs 3 crore fine on the bank for shortcomings in regulatory compliance.

 

Dipa Karmakar Selected As Barbie Role Model

Indian gymnast Dipa Karmakar was selected as Barbie role model & was presented with a one-of-a-kind doll by Barbie as the company celebrates its 60th anniversary. She was part of the ‘Shero’ program launched in 2015 by the company.

PNB Sanctions Loans Worth Rs 689 cr to 1,600 MSMEs Via Online Portal

State-owned Punjab National Bank (PNB) has sanctioned loans worth Rs 689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs) through the psbloansin59minutes.com portal as part of its effort to promote such industries.

Guided Pinaka successfully test fired by DRDO at Pokhran Ranges

Defence Research and Development Organization (DRDO) successfully test fired the PINAKA guided WEAPON rocket system from Pokhran range in Rajasthan. The two rockets, which were tested using the guided Pinaka system, succeeded in hitting the 90-km mark signalling a boost in the efficiency, as the rockets had touched the 70-km mark in their last trials, held in May, 2018.

Sailor Upamanyu Dutta Clinches Bronze In Asian Regatta

Young sailor from Mumbai, Upamanyu Dutta won Bronze medal, which is India’s first ever medal in the Laser Standard race for men in the Asian Open Laser Sailing Championship held in Singapore. He has recently won the Euromed Championship in Malta and is currently training in Europe under coach Trevor Millar.

Japan announces an investment worth Rs. 22 lakh for Rabindra Bharati Museum, Kolkata

The Japanese government decided to provide Rs. 22 lakhs ($31,800) for the Rabindra Bharati Museum in Kolkata, West Bengal in order to establish deeper and stronger historical and cultural ties with India. An MoU (Memorandum of Understanding) will be signed between the Masayuki Taga, Consul General of Japan in Kolkata, and Sabyasachi Basu Ray Chaudhury, the Vice Chancellor of Rabindra Bharati University, on 13th March 2019, for rebuilding the Japan Gallery of the museum.

New Visa Agreement Between India, Maldives Comes Into Effect

The new visa agreement between India and Maldives came into force. The new policy provides a liberal visa policy for Maldivian citizens seeking medical treatment as well as education and business opportunities in India.

India Now 2nd Largest Arms Importer In The World; Saudi On Top: SIPRI Report

India is the second largest importer of weapons in the world, as per the annual report ‘Trends in International Arms Transfers-2018’ released by the think tank Stockholm International Peace Research Institute (SIPRI). Saudi Arabia is now the world’s largest weapons importer.

India-Bangladesh Jointly Inaugurated 4 Development Projects

Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina jointly unveiled e-plaques for development projects in Bangladesh through video conferencing. This was the sixth such video conference between PM Modi and Prime Minister Hasina. Both the leaders launched the e-plaques for these projects in Bangladesh:

Supply of buses and trucks,

Inauguration of 36 community clinics,

Inauguration of 11 water treatment plants,

Extension of National Knowledge Network to Bangladesh


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