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Daily Current Affairs 6th March & Today GK Updates
1. Ajay Bhushan Pandey appointed as the new Finance Secretary
- The Government of India appointed the current Revenue Secretary Ajay Bhushan Pandey as the new Finance Secretary. Pandey replaces current Finance Secretary Rajiv Kumar.
- The Appointments Committee of the Cabinet has approved the appointment.
- Pandey, a 1984 batch Indian Administrative Service officer of Maharashtra cadre, had earlier worked as chief executive officer of Unique Identification Authority of India (UIDAI), the organization behind the Aadhaar.
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Nirmala Sitharaman is the current Minister of Finance and Corporate Affairs of India. Forbes Magazine has named her as the 34th among the 100 most powerful women in the world in 2019.
2. Govt imposes withdrawal limit of Rs 50,000 on depositors of Yes Bank for a month
- The government has imposed a withdrawal limit of 50,000 rupees on depositors of private lender Yes Bank for one month. An official notification issued by the finance ministry said that the cap will stay in effect till 3rd of April. The limit on withdrawal comes with a few exemptions, in cases like medical emergency, higher education, marriage and unavoidable emergency.
- Reserve Bank of India said that Yes Bank’s board has been superseded for a period of 30 days owing to serious deterioration in the financial position of the private lender. Former Chief Financial Officer of SBI Prashant Kumar has been appointed as administrator for Yes Bank. RBI has assured depositors of Yes Bank that that their interest will be fully protected and there is no need to panic.
- In another development, SBI Board has given the State Bank of India in-principle approval to invest in the capital-starved Yes Bank. The announcement came hours after Yes Bank was placed under a moratorium.
Daily Current Affairs for SBI CLERK Exams
The Reserve Bank of India (RBI) is India’s central bank, which controls the issue and supply of the Indian rupee and acts as the regulator of entire Banking system in India. RBI also plays an important part in the Development Strategy of the Government of India.
Headquarters: Mumbai; Founded: 1st April 1935
Governor: Shaktikanta Das
3. Former UN Chief Javier Perez de Cuellar passes away
- Former UN Chief Javier Perez de Cuellar, who served as United Nations Secretary General from 1981 to 1991, passed away in his native Peru. Perez de Cuellar notably led the world body during the Iran-Iraq war and the civil war in El Salvador.
- The present UN head Antonio Guterres expressed gratitude for Perez de Cuellar’s contributions and achievements as Secretary-General.
- The duties of the Secretary-General are to resolve international conflicts, manage peacekeeping operations, hold international conferences, examine the implementation of Security Council resolutions and interact with member governments.
4. Indira Gandhi and Amrit Kaur named among ‘TIME 100 Women of the Year’
- TIME Magazine has named India’s former Prime Minister Indira Gandhi and freedom fighter Amrit Kaur among 100 greatest women of the year. TIME has created 100 coves for 100 women from 1920 to 2020.
- TIME has named Amrit Kaur as the women of the year for 1947 and Indira Gandhi for 1976. TIME has recreated special covers and dedicated each year to a woman who made an impression in that particular year.
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Amrit Kaur was the first woman health minister of India after Independence and served the post for the next 10 years.
5. Union Cabinet approves Companies (Second Amendment) Bill, 2019
- The Union Cabinet gave its approval to the Companies (Second Amendment) Bill, 2019 which proposes to amend the Companies Act, 2013 to enable listing of Indian firms on foreign stock exchanges. Prime Minister Narendra Modi chaired the cabinet meeting.
- The bill also proposes to remove the criminality clause in the act in case of defaults, which can be determined objectively and does not involve larger public interest.
- The bill will now be tabled in the Indian Parliament. It needs to be passed by both the houses and receive Presidential assent to become a law.
6. Mumbai set to host IOC session in 2023
- Mumbai is set to host the 2023 International Olympic Committee’s session after the IOC Executive Board recommended the Indian city for the annual conference.
- The IOC Executive Board decided to put Mumbai’s candidature to a vote of the members. The decision is to be ratified at the 136th IOC session in Tokyo in July this year.
- After ratification, this will be the second-ever IOC session to be held in India after a long gap of 37 years. India last hosted an IOC session way back in 1983 in New Delhi.
Current Affairs 2020 for SBI CLERK Exams
The 2020 Summer Olympics is an upcoming international multi-sport event that is scheduled to take place from 24 July to 9 August 2020 in Tokyo, Japan.
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