Daily Current Affairs 20th Feb. 2016

DAILY CURRENT AFFAIRS: 20 FEB 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. DRDO SUCCESSFULLY TEST-FIRED ANTI-TANK MISSILE NAG IN RAJASTHAN

i. The Defence Research and Development Organisation has test-fired Nag anti-tank missile in Rajasthan.

ii. It can be fired during night and day anytime.

iii. It has a range of 4 km.

2. STANDARD OPERATING PROCEDURE FOR INDIA AND MYANMAR COORDINATED PATROL SIGNED

i. Indian and Myanmar Navy inked a agreement for Standard Operating Procedure for India-Myanmar Coordinated Patrol in Andaman and Nicobar Islands.

ii. Myanmar has became the third country with which India has signed a formal agreement for maritime coordinated patrols.

3. AMIT MITRA WILL BE NEW CHAIRMAN OF GST COMMITTEE OF STATE FMS

i. The Finance Minister of West Bengal Amit Mitra was named as the chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax.

ii. He will replace Kerala Finance Minister K M Mani who is facing corruption charges.

iii. The Goods and Services Tax Bill or GST Bill is known as The Constitution Bill, 2014, proposed to be implemented in India from June 2016.

4. WARREN RICHARDSON AUSTRALIAN PHOTOGRAPHER WINS WORLD PRESS PHOTO OF 2015

i. The World Press Photo of the Year has selected an image by Australian photographer Warren Richardson as the World Press Photo of the Year 2015.

ii. Richardson is a freelance photographer, currently based in Budapest, Hungary.

 iii. The award is given to those photographer whose visual creativity and skills made a picture that captures or represents an event issue of great journalistic importance in the last year.

5. KARNATAKA BANK BAGS IBSA BANKING TECHNOLOGY AWARD

i. Karnataka Bank  has won the IBA Banking Technology Award’ in the category of ‘Best Risk and Fraud Management Initiative - Runner Up’ amongst small banks.

ii. The award was announced as part of Indian Banks’ Association Technology Conference, Expo and Awards 2016.

6. SBI OPENS "JAPAN DESK" IN NEW DEHI

i. State Bank of India has launched ‘Japan Desk’, a single window for inbound Japanese investments in India.

ii. It will help to facilitate Japanese corporate looking to invest in India with banking and advisory services.

iii. It will also facilitate establishment of banking relationship with Japanese corporates and Japanese nationals and provide information on industries, sectors etc.

7. TATA GOING TO LAUNCH FIRST EVER INDIA-MADE ROBOT ‘BRABO’

i. Tata company, is going to launch first ever India-made robot ‘Brabo’ in Mumbai.

ii. It is displayed in the make in India week in Mumbai to promote domestic productions.

iii. The development cost is reported to be about Rs 10 crore.