15 March 2019 Current Affairs
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Supreme Court appoints PS Narasimha as Mediator
The Supreme Court appointed senior advocate PS Narasimha as a mediator for resolving various disputes related to cricket administration within the cricket body, the Board of Control for Cricket in India (BCCI).
India Extends USD 250 million To Nepal for Reconstruction of Infrastructures
India has extended a grant assistance of up to USD 250 million to Nepal for the reconstruction of infrastructures in the areas of housing, education, health and cultural heritage that was destroyed during the devastating April 2015 earthquake which saw the death of over 9,000 people.
RBI Categorises IDBI Bank as Private Sector Lender
As per RBI notification, IDBI Bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation. IDBI Bank has been under the prompt corrective action framework of RBI that bans it from corporate lending and branch expansions, salary hikes and other regular activities.
M.R.Kumar takes charge as Chairman of LIC
M.R.Kumar, the newly-appointed chairman of Life Insurance Corporation of India (LIC), has taken charge on 14th March. Mr.Kumar took over from Hemant Bhargava who had been the acting chairman since January 2019. Mr.Kumar had joined LIC as a direct recruit officer in 1983.
Padmanaban Gopalan wins the Commonwealth Youth Award
A social entrepreneur from Tamil Nadu, Padmanaban Gopalan, founder of No Food Waste, was named the winner of the Commonwealth Youth Award for the Asian region worth 3,000 Pounds at a ceremony at the Commonwealth Secretariat in London.
15 March: World Consumer Rights Day
The consumer movement marks 15th March with World Consumer Rights Day every year, as a means of raising global awareness about consumer rights and needs. The theme for World Consumer Rights Day 2019 is ‘Trusted Smart Products’.The day demands that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights.
Russia releases coin commemorating annexation of Crimea
A new coin that features the Crimea or Kerch Strait Bridge released by Russia’s central bank, to mark Crimea’s reunification with Russia. Two million new five ruble (about $0.08, €0.07) coins were pressed which depict an outline of the peninsula which was annexed by Russia in 2014.
Former Indian pacer VRV Singh retires
VRV Singh, the Indian pacer who just played five Test matches in 2006-07, has announced his retirement after a career constantly hampered by injury. The 34-year-old also played two ODI matches for India along with five Tests as part of a new-look Indian pace attack.