Daily Current Affairs 14th March 2016

DAILY CURRENT AFFAIRS: 14 MARCH 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. ICICI BANK LAUNCHED A CREDIT-LINKED SUBSIDY SCHEME FOR HOME LOANS UNDER PRADHAN MANTRI AWAS YOJANA

i. ICICI Bank has signed a MoU with National Housing Bank to facilitate the credit-linked subsidy to eligible borrowers.

ii. Under the scheme customer will get a subsidy at 6.5 per cent per annum on a maximum amount of Rs 6 lakh or the loan amount whichever is lower for a maximum tenure of 15 years.

iii. Individual borrowers from the economically weaker section and the low-income will be able to acquire and construct the house for the family by paying significantly lower equated monthly installments.

iv. ICICI Bank is  supporting Government’s vision to provide housing for all by 2022.

2. TAPAN CHAND ELECTED AS AAI CHIEF

i. Aluminium Association of India elected  Tapan Kumar Chand as the President of the metal governing body.

ii. Aluminium Association of India, was founded in 1981

iii. It was founded to fulfill the needs of Indian Aluminium Industry and to interface with various aluminium industries world over

3. KANGANA RANAUT HAS BEEN APPOINTED AS THE BRAND AMBASSADOR OF REEBOK INDIA

i. Bollywood actress Kangana Ranaut has been appointed as the brand ambassador of Reebok India.

ii. She also launched the new campaign of the brand titled “Be More Human”.

iii. It aims to inspire women to become better versions of themselves physically , mentally and socially.

4. UNION CABINET GAVE GREEN SIGNAL FOR AMENDMENT TO SIKH GURDWARAS ACT, 1925

i. The Union Cabinet approved the proposal of the Ministry of Home Affairs to amend the Sikh Gurdwaras Act, 1925.

ii. Prime Minister Narendra Modi gave green signal to remove the exception given to Sehajdhari Sikhs in 1944 to vote in the elections for selecting members of the board and the committees constituted under the Act.

iii. The Sehajdhari Sikhs were continuously exercising their voting rights in the SGPC elections since 1949.

iv. In 2003 the Sehajdhari Sikhs were debarred from voting by amending the Sikh Gurdwara Act, 1925.

5.  NUCLEAR PLANT IN GUJRAT LEAKED

i. A power generation unit at Kakrapar Atomic Power Station in Surat was closed after leakage of heavy water.

ii. No nuclear radiation has occurred due to the leakage.

iii. The radioactivity and radiation levels in the plant premises and outside are normal.

6. CRISIL PROJECTS GDP GROWTH AT 7.9% IN 2016-17

i. Crisil projected country’s GDP growth rate at 7.9 per cent in next fiscal year.

ii. Crisil said the growth will be positive if the monsoon is normal and the government implements the reform measures announced by it recently.

iii. CRISIL known as Credit Rating Information Services of India Limited is a global analytical company providing ratings, research, and risk and policy advisory services established in 1987.