DAILY CURRENT AFFAIRS: 20 AUG 2015
(Daily News India)
Shared By: WWW.DailyGk.IN
1. SEBASTIAN COE NEW PRESIDENT OF IAAF
i. Former Olympic Champion Sebastian Coe is elected as new President of International Association of Athletics Federation (IAAF)
ii. He will replace Sergey Bubka.
iii. Sebastian had won 4 Olympic medals in Athletics.
IAAF: It is an International Governing Body for Athletics. It was founded in 1912.
Headquarter at Monaco
2. HISTORIAN BABASAHEB GOT ‘MAHARASTRA BHUSHAN AWARD 2015’
i. Historian Babasaheb got Maharashtra state’s highest civilian award ‘Maharashtra Bhushan Award 2015’
ii. He is famous as ‘Shivaji’s Poet’
iii. The award was given by Governor of Maharashtra C. Vidyasagar Rao.
CM of Maharashtra: Devendra Fadnavis
3. THREE INDIAN COMPANIES IN ‘TOP 100 INNOVATIVE COMPANIES LIST’ REALISED BY FORBES:
i. Forbes the US Magazine realized list of top 100 innovative companies.
ii. The list is topped by California’s Tesla Motors.
iii. 3 Indian Companies: Hindustan Unilever has been ranked at 41st, TCS stood at 64th and Sun Pharma at 71st in the list of 100 innovative companies.
4. ‘IN PRINCIPLE’ APPROVAL BY RBI TO 11 PAYMENT BANKS APPLICANTS
i. Reserve Bank of India has given approval to 11 payment Bank applicants out of 41 applicants.
ii. ‘In Principle’ means Approval for 18 months period.
i) Payment Banks: These are those banks which can take deposits, allow remittances and can sale financial products but cannot lend to its customer.
ii) Minimum capital for setting up a payment Bank: 100 crore.
