Current Affairs 16th July 2016

1. RBI sets up an Inter-regulatory Working Group on Fin Tech and Digital Banking
The Working Group will be headed by Sudarshan Sen, Executive Director of RBI, and has 12 members. It has been asked to submit its report within six months from the date of its first meeting.

2. India, ADB sign 100 Million USD loan agreement for Cauvery Delta project in Tamil Nadu

3. RBI asks banks to exchange upto 20 soiled notes free of charge


4. WHO declares India as Maternal and Neonatal Tetanus free

5. Over 14 lakh LPG connections released under PMUY

i. Over fourteen lakh LPG connections have been released to the women of BPL families under the Pradhan Mantri Ujjwala Yojana (PMUY). 

6. 74 schemes of 17 Ministries & Departments brought under DBT

i. The GOI has been brought 74 schemes of 17 Ministries and Departments under Direct Benefit Transfer (DBT).

7. Indian Naval Ships visit Port Kelang, Malaysia

i. Indian Naval Ships Sahyadri, Shakti and Kirch have arrived at Port Kelang on a four day visit, as part of deployment of the Eastern Fleet to the South China Sea and Western Pacific. The INS Sahyadri is commanded by Captain K S Rajkumar, INS Shakti is commanded by Captain Gagan Kaushal and INS Kirch is commanded by Commander Sharad Sinsunwal.

8. Tata Advanced Systems signs deal with Bell Helicopter

9. MP Cabinet approves setting up of Happiness Department in state

10. Maharastra CM launches virtual, digital classrooms across 32 ITIs in state

11. Who Moved My Interest Rate authored by Duvvuri Subbarao

12. Misbah-ul-Haq becomes oldest captain to score Test hundred

13. The country's first of its kind industrial park, exclusively for women entrepreneurs, was launched by Uttarakhand Chief Minister Harish Rawat at the Federation House. The event was organised by FICCI Ladies Organisation (FLO).