DAILY CURRENT AFFAIRS: 10TH DEC 2016

DAILY CURRENT AFFAIRS: 10TH DEC 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. DONALD TRUMP NAMED TIME PERSON OF THE YEAR 2016
i. The TIME magazine has named US President-elect Donald Trump as Person of the Year 2016 and called him the President of the 'Divided States of America'.
ii. The magazine cited his role for the stunning victory in the US Presidential election.
iii. Prime Minister Narendra Modi was among the 11 candidates shortlisted by Time for its annual honour.

2. NABARD TO PROVIDE RS. 120 CR TO BANKS FOR SETTING UP POS DEVICES IN VILLAGES
i. The National Bank for Agriculture and Rural Development said it will extend support aggregating about Rs. 120 crore to banks for deployment of two Point-of-Sale devices per village in one lakh villages having a population of up to 10,000.
ii. The move is aimed at taking rural India closer towards cashless payment systems.

3. MAHILA E-HAAT TIES UP WITH INDIA POST, SBI
i. The Women and Child Development Ministry has tied up with India Post and SBI.
ii. This will offer more payment options to buyers and simplify shipping of products bought from "Mahila E-haat", an online marketing platform for women entrepreneurs.

4. KARNATAKA BANK GETS AWARD
i. Karnataka Bank Ltd has bagged the ‘Best MSME Bank Award (private sector) 2016’ instituted by Assocham.
ii. Union Minister of State for MSME Haribhai Parathibhai Chaudhary handed over the award.