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Daily Archives: January 10, 2020

January 10, 2020 -_3.1

RBI allows “Video based Customer Identification Process”

The Reserve Bank of India has revised the Know Your Customer (KYC) norms for banks and other lending institutions. New amendments in KYC norms by RBI allows banks and other lending institutions to use “Video based Customer Identification Process (V-CIP)”. The V-CIP is a consent based alternate method of establishing the customer’s identity and for …

January 10, 2020 -_4.1

Ladakh wins 7th National Ice Hockey Championship women trophy

Ladakh women team has won the 7th National Ice Hockey Championship women trophy. In the final match, Ladakh scoring 2 goals against Delhi and won the tournament. The tournament was organised by the Ice Hockey Association of India (IHAI) in association with the Ladakh winter sports club. 4 women teams representing Chandigarh, Delhi, Maharashtra, and …

January 10, 2020 -_5.1

India’s 1st indigenous aircraft carrier Vikrant to be commissioned by 2021

India’s first indigenous aircraft carrier Vikrant is currently under phase-3 which involves setting to work of machinery and other equipment and to be commissioned by early 2021 in Indian Navy. It will be fully operated by 2022. Vikrant is being built at the Cochin Shipyard Limited (CSL) Kochi, Kerala. Important takeaways for all competitive exams: …

January 10, 2020 -_7.1

“World Hindi Day” celebrated globally on 10th January

World Hindi Day is celebrated globally on 10th January every year. The day is celebrated every year to promote the use of Hindi language worldwide. The World Hindi Day was observed first time in 2006. The day marked the anniversary of first World Hindi Conference held in 1975 in Nagpur. Find More Important Days 

January 10, 2020 -_8.1

M Nagaraj appointed as Chairman and MD of Hudco

M Nagaraj has been appointed the company’s Chairman and Managing Director of State-owned Housing and Urban Development Corporation (Hudco). The Ministry of Housing and Urban Affairs has approved his appointment. He has experience in a multitude of sectors such as housing, infrastructure finance, skill development and microfinance in the social sector, and international trading. Hudco …

January 10, 2020 -_9.1

SBI’s report ‘Ecowrap’ lowers India’s growth rate to 4.6% for FY 2020

The State Bank of India has released its research report ‘Ecowrap’. In the report ‘Ecowrap’, the economic research department of SBI has lowered India’s growth rate to 4.6% in the fiscal year 2020. The report also stated that agriculture and allied activities are expected to grow at 2.8%, while growth in industry projected to grow …

January 10, 2020 -_11.1

Indian Railways installs IP based Video Surveillance System at stations

Indian Railways is in the process of installing Internet Protocol (IP) based Video Surveillance System (VSS) at stations to enhance security. Railway Board of India has approved works for provision of Video Surveillance System covering 983 stations over Indian Railways under Nirbhaya funds. This year a budget of Rs. 250 crore was allotted to Indian …

January 10, 2020 -_12.1

Visakhapatnam to host MILAN 2020 naval exercise in March

Visakhapatnam is ready to host another International Naval event ‘MILAN‘ in March 2020. The theme of the exercise for the year 2020 is ‘Synergy Across the Seas’. MILAN 2020 is a multilateral naval exercise aimed to enhance professional interaction between foreign-friendly navies and learn from each other’s strengths and best practices in the maritime domain. …