Current Affairs Daily Updates July 20th 2016


Dear Readers,
Welcome to Current Affairs Daily Updates section. Here I am providing you the best possible current affairs updates of the day. These are helpful to improve your general knowledge as well much important for the upcoming exams. Kindly make use of these!!!

BANKING
Centre pumps Rs. 22,915 cr into public sector banks
  • The Centre on 19th July allocated Rs. 22,915 crore as capital infusion (in 2016-17) in 13 public sector banks that are burdened with non-performing loans.
  • Of the allocated amount for each bank, 75 per cent has been released for now to provide liquidity support for lending operations.
  • The balance amount is linked to performance and would be released later.
  • As part of its Indradhanush plan to revitalise state-owned lenders, the Finance Ministry plans to infuse Rs.70, 000 crore in the four-year period between 2015-16 and 2018-19.
  • The country’s largest public sector bank State Bank of India has received the highest amount ( Rs. 7,575 crore), followed by Indian Overseas Bank ( Rs. 3,101 crore) and Punjab National Bank ( Rs. 2,816 crore).
  • Bank of India received Rs. 1,784 crore and Central Bank of India Rs. 1,729 crore, while Allahabad Bank received the least amount (Rs. 44 crore).
INTERNATIONAL
North Korea fires three ballistic missiles into Sea of Japan
  • North Korea has fired three ballistic missiles into the Sea of Japan.
  • US and South Korean military officials said the missiles were launched from the western city of Hwangju.
  • The US said the first two were short-range Scud missiles while the third was presumed to be a mid-range Rodong.
  • UN has barred North Korea from any test of nuclear or ballistic missile technology.
Republicans formally nominate Trump for U.S. presidency
  • After vanquishing 16 party rivals, Donald Trump on 19th July secured the party's 2016 nomination for the White House.
  • The state-by-state vote to put Trump's name in nomination took place a day after opponents staged a failed attempt to force a vote opposing his candidacy.
World's wealthiest countries host less than 9% refugees: Report
  • The world's six wealthiest countries host less than 9 per cent of the world's refugees, a new report issued on 18th July said.
  • While the US, China, Japan, Germany, France and UK make up more than half the global economy, in 2015, they only hosted 2.1 million refugees, just 8.88 per cent of the world's total.
  • Germany took the largest share of refugees among the world's richest countries (around 700,000), with the remaining 1.4 million split between the other five nations.
  • Jordan, Turkey, Pakistan, Lebanon, South Africa and Palestine collectively host almost 12 million people.
India, US agree to deepen cooperation in maritime sector
  • India and the United States have agreed to deepen the scope of cooperation in the maritime sector.
  • The American ports have evinced keen interest in the Sagarmala program.
  • According to the Ministry of shipping, 150 projects under this program have the potential of mobilizing 50-60 Billion US Dollars of infrastructure investment and another 100 Billion US Dollars of investment for promoting industrial growth.
India and WHO tie up for promotion of Yoga, Ayurveda
  • The Ministry of AYUSH has signed an agreement with World Health Organization for promotion of traditional Indian systems of medicine, including Yoga and Ayurveda, globally.
  • Minister of State for AYUSH Shripad Yesso Naik said as per the agreement, India has assigned activities to WHO for developing technical documents under four categories.
  • The four categories include benchmarks for training in Yoga, Ayurveda, Unani medicine and Panchkarma.
  • Secretary, Ministry of AYUSH, Ajit M Sharan and Assistant Director General, Health Systems and Innovations, WHO, Marie Kieny, had signed the 'Project Collaboration Agreement' in Geneva on May 13, 2016.
PERSONS IN NEWS
Rohit Khandelwal become the first Indian to win the coveted title of Mr. World
  • He has become the first Indian to win the coveted title of Mr. World on 19th July 2016 at Southport Theatre, Floral Hall, Southport, UK.
  • The competition saw 47 participants from around the world, giving him a stiff competition.
  • Rohit Khandelwal received a cash prize of $50,000/- on winning this celebrated title.
SPORTS
Indian Olympic contingent of 121 athletes, including 54 women to Rio Games
  • Indian Olympic contingent given an official send-off by Indian Olympics Association
  • A record contingent of 121 athletes, including 54 women, to represent India in the Brazilian city of Rio De Jeneiro from 05th to 21st August