Current Affairs 2016

The Cabinet approved conversion of MUDRA Ltd, an NBFC, into MUDRA Bank and also setting up of a Credit Guarantee Fund for loans disbursed under the Pradhan Mantri Micro Units Development Refinance Agency (MUDRA) Yojana.

• Syed Kirmani conferred with 2015 Col CK Nayudu Lifetime Achievement Award.
• With 1009 in 323 balls, Mumbai teen Pranav Dhanawade scripts rare record.
• Jharkhand first state to sign MoU with Centre for power scheme UDAY.

Sarosh Homi Kapadia, the 38th Chief Justice of India, bid farewell to the world in Mumbai. He was 68.

Former Cricketer Syed Kirmani was honoured with the Col CK Nayudu Lifetime Achievement Award in Mumbai (Maharashtra) for his contribution to Indian cricket.

Iron ore pellet makers as well as some miners had urged the government to reduce the export duty on iron ore as it would help in making the commodity more competitive.

Jharkhand, a mineral-rich but energy-deficit state has become first state in country to sign Memorandum of Understanding (MoU) on Ujwal Discom Assurance Yojana (UDAY) scheme with Union Government.

Andhra Bank has launched Immediate Payment Service (IMPS) at all its branches in association with the National Payments Corporation of India (NPCI).

Sri Lanka and Pakistan have agreed on the inclusion of services and investment in the bilateral free trade agreement.

Reliance Capital Asset Management (RCAM) has received nod from Competition Commission of India (CCI) to acquire Goldman Sachs̢۪s mutual funds and exchange-traded funds business in India.

The Union Government has reserved 33 per cent posts of Constables for women in Central Armed Police Forces (CAPFs) to enhance their representation.

Australia withdrew from the ICC Under-19 cricket World Cup in Bangladesh, claiming that the security threat in the country remains as high as it was when the senior team̢۪s Test tour was postponed last year.

The prestigious Duleep Trophy will return to the domestic first class cricket calendar in the 2016-17 season in a new avatar with matches being day-night affairs played with a pink ball, it was announced.