1.Textiles Ministry to organizing an event, Surging Silk - Accomplishment and way forward, in New Delhi with Sushma Swaraj as the chief guest. The focus would be on distribution of Buniyaad Tasar Silk Reeling Machines to women reelers from tribal areas.Union Minister of Textiles: Smriti Irani.
2.RBI doubled the limit for banks to consider ₹2 crore and more as bulk deposits from the earlier ₹1 crore with an aim to enhance operational freedom of banks. Banks generally offer different rates of interest only on bulk deposits of ₹1 crore and more.1st RBI Governor: Osborne Smith (1934-1937).
3.Reserve Bank of India levied a penalty of Rs 1 crore on the State bank of India for not monitoring the end use of funds in respect of one of its borrowers, exercising of powers conferred under Section 47 A of the Banking Regulation Act, 1949.SBI was ranked 216th in the Fortune 500 list of 2017.
4.Finance Minister recently in Parliament gave estimation of Reserve Bank of India paying a dividend of ₹69,000 crore and total of ₹82,911 crore through dividend from banks, financial institutions in the next fiscal of 2019-2020.Piyush Goyal was awarded 4th Carnot Prize for environment.
5.Ricky Ponting as their assistant coach and join Justin Langer, the coach of Australian cricketing side for the ICC World Cup 2019 in England. Ponting has previously served as an assistant coach with Australia's T20 side in 2018 and 2017.Australia won consecutive world cups in 1999, 2003 & 2007.
6.The Asian Development Bank (ADB) recently has raised $100 million (5.22 billion pesos) from issue of Philippine peso-linked bonds in the international market for the very first time with a fixed interest rate of 5.25% and to be settled in U.S. dollar.ADB Headquarters: Mandaluyong, Philippines.
7.The State Government of Jammu and Kashmir exercising powers conferred in Section 5 of Land Revenue Act, issued a notification for creation of Ladakh as 3rd Division in the state with an aim to facilitate the region in a great way for it to progress.J&K Governor: Satya Pal Malik.
8.Election Commission launched a Voter Verification and Information Programme (VVIP) for verifications of voters' names, new registrations, changes or corrections in the Voter Id Cards & also set up a voter Helpline number- 1950.Election Commission formed: 25 January 1950.
9.16 years old Jeremy Lalrinnunga (from Mizoram) clinched silver in men's 67-kilogram category, India's second medal in the EGAT's Cup International Weightlifting Championships 2019 in Chiang Mai, Thailand.Mirabai Chanu won gold in 48kg category in EGAT cup 2019.
10.RBI introduces Prompt Corrective Action when the Bank’s financial conditions worsen below certain limits (trigger points).The limit set are in the form of three conventional financial indicators which are called trigger points– CRAR, Net NPA and Return on Assets.Trigger points implies the RBI imposes corrective action in accordance with the level of trigger points.
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