12 January 2019 Current Affairs

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Yes Bank appoints Brahm Dutt as Non-Executive Part-Time Chairman
Yes Bank, India’s fourth-largest private sector bank, announced the appointment of Brahm Dutt as non-executive part-time chairman. He is currently also the chairman of the Nomination and Remuneration Committee.

Taiwan President appoints new PM
Taiwan President Tsai Ing-wen appointed a new Prime Minister following the resignation of the incumbent over the recent electoral setback suffered by the ruling Democratic Progressive Party. The President announced the appointment of Su Tseng-chang to replace Lai Ching-te at a press conference in Taipei. Lai announced his resignation and made it effective after a cabinet meeting.

Ashok Chawla Resigned as NSE Chairman
Ashok Chawla resigned as chairman of the National Stock Exchange of India Ltd (NSE) with immediate effect ‘in light of recent legal developments’. Chawla’s resignation came on a day the Central Bureau of Investigation (CBI) told a special court in Delhi that it has obtained the sanction of the ministries concerned to file charges against him and four other former bureaucrats in the Aircel-Maxis case.

EIU Democracy Index 2018: Norway Tops, India Ranks 42nd
The 11th edition of EIU Democracy Index 2018 was released by the Economist Intelligent Unit compiling the state of democracies in 167 countries in the world. In the list, Norway topped and India has slipped to 42nd place on the Economist Intelligence Unit’s annual Global Democracy Index. The Index was started in 2006.

4th Meeting of CTDP held in New Delhi
Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, chaired the 4th meeting of the Council for Trade Development and Promotion (CTDP) in New Delhi. Suresh Prabhu informed in the meeting that the Government of India has formulated an Agricultural Export Policy for the first time with a focused plan to boost India’s agricultural exports to USD 60 billion by 2022.

12 January: National Youth Day
The National Youth Day is celebrated across the country on 12th January. NYD 2019 is the 156th birth anniversary of Swami Vivekananda. Known for his pragmatic approach towards spirituality, inter-faith harmony and modernization, Vivekananda is often considered an inspiration for India’s youth.

India’s 1st Manned Mission To Space By December 2021: ISRO
ISRO Chairman Dr. K Sivan has announced that the organization is well prepared to meet the targets of launching Gaganyaan manned mission to outer space by December 2021. Under Gaganyaan project, India is planning to send three astronauts to outer space for seven days and bring them back.

Albie Morkel retires from All Forms of Cricket
South African allrounder Albie Morkel retired from all forms of cricket. His career spanned for nearly 20 years. He represented South Africa in 58 ODIs, 50 T20Is and one Test.

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