Daily Current Affairs Update of 14 March 2015 | General Knowledge
Daily Current Affairs Update of 14 March 2015 | General Knowledge
1.
In a boost to banks which are facing rising asset quality issues, the
Reserve Bank allowed such lenders to reverse the excess provision on
sale of bad loans to their profit and loss account provided the
transaction took place before February 26, 2014. The move is aimed at
incentivising banks to recover appropriate value in respect of NPAs
(non-performing assets).
2. Uruguay's most-capped player
Diego Forlan, so often his country's talisman, announced his retirement
from international football. The 35-year-old striker played 112 games
for Uruguay and scored 36 goals, representing the South Americans at
three World Cups and helping them lift the Copa America in 2011.
3. Riding on her stupendous
performance at the prestigious All England Championship, India's ace
shuttler Saina Nehwal regained the world number two spot in the latest
rankings released by the Badminton World Federation.
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| Daily Current Affairs Update of 14 March 2015 | General Knowledge |
4. On the second day of his
visit to Mauritius, Prime Minister Narendra Modi has launched the
construction of the World Hindi Secretariat building in Port Luis. The
Secretariat is an apex body to propagate Hindi at the world stage. Under
an agreement, India has designed the World Hindi Secretariat building
and is also financing its construction.
5. Budapest will host the 2017
world swimming championships in place of Guadalajara, Mexico, which
withdrew due to financial problems. Hungarian Prime Minister Viktor
Orban said the championships will be the largest sports event hosted in
the capital.
6. Riding on Karun Nair's triple
hundred (328) and a magnificent all-round performance from captain R.
Vinay Kumar, Karnataka crushed Tamil Nadu by an innings and 217 runs to
successfully defend their Ranji Trophy title, in Mumbai.
7. IPS officer M. Akhaya has
been appointed as the Chief Vigilance Officer in the Department of
Telecommunications. The appointment of the CVO, who acts as distant arm
of the Central Vigilance Commission to check corruption, comes at a time
when bidding for spectrum by telecom companies is underway. Akhaya, a
1988-batch IPS officer of Odisha cadre, has been appointed for an
initial period of three years.
8. The NDA govt. led by Narendra
Modi was able to pass its first major reform bill in the form of the
Insurance Laws (Amendment) Bill, 2015 when it was passed by the Rajya
Sabha. The lower house (Lok Sabha) had already passed this bill. It
sought to raise the FDI cap in insurance sector from 26% to 49% among
several other provisions.
9. The Union Govt. has
formulated a new programme, Himalayan Meteorology Programme, for better
understanding of weather in the mountainous States. This programme has
been formulated especially in view of severe floods in Jammu &
Kashmir and cloudburst in Uttarakhand. Himalayan Meteorology Programme
(HMP) has been designed by Earth System Science Organisation-India
Meteorological Department.
10. India’s formal entry into
the global market for warships was marked with the commissioning of an
India-built naval patrol vessel ‘Barracuda’ for Mauritius by Prime
Minister. ‘Barracuda’ is a 1,300-tonne patrol vessel made by
Kolkata-based Garden Reach Shipbuilders and Engineers Ltd (GRSE) for the
Mauritian National Coast Guard. It was handed over to Mauritius in
December 2014 but was commissioned by Indian Prime Narendra Modi on his
state visit to Mauritius.
(Source :- Mahendras)
