Daily Current Affairs 12th Feb. 2016 (Free GK Updates)

DAILY CURRENT AFFAIRS: 12 FEB 2016
(Daily News India)
Shared By: WWW.DailyGk.IN

1. THE 6TH NATIONAL SCIENCE FILM FESTIVAL STARTED IN MUMBAI
i. The 6th National Science Film Festival and Competition has been started at Nehru Science Center in Mumbai.
ii. The event was chaired by veteran director Shyam Benegal and science film maker Dr Mike Panday.
    
2.  R K VERMA IS APPOINTED AS NEW SECRETARY OF RAILWAY BOARD
i. Mr. R K Verma is appointed  as  new Secretary in Railway Board of India.
ii. He has worked with various railways, including Southern, North-East Frontier Eastern and Western comprising of Indian Railways Institute of Civil Engineering.
UNION RAILWAY MINISTER: SURESH PRABHU

3. RBI SAID TO BANK SET ASIDE MORE FOR STRESSED LOANS
i. The Reserve Bank of India has directed commercial banks to accelerate provisioning requirement for the existing stock of restructured loans that are showing signs of stress.
ii. Banks have provided only 5 per cent for these restructured loans but now the central bank has directed them to increase the provisioning by 2.5 per cent every quarter so that by March 31, 2017 provisioning reached the 15 per cent level.
iii. The central bank has given direction to support the RBI’s drive to clean up banks’ balance sheets by March 2017.

4. SIACHEN AVALANCHE SURVIVOR LANCE NAIK HANAMANTHAPPA PASSED AWAY
i. . Lance Naik Hanamanthappa who had been battling for life at the Army’s Research & Referral hospital passed away he was 33 years old only.
ii. Hanamanthappa belonged to a farming family in Betadur village in Kundagol taluk of Dharwad district.
iii. He was trapped inside an air pocket under 35 feet of snow and he was buried alive in an avalanche on February 3.

5. RAILWAY MINISTRY LAUNCHES 3 IT ENABLED APPS
i. The Union Ministry of Railways has launched 3 IT enabled apps to bring transparency in Indian Railways and to promote Digital India initiative.
ii. The apps were launched by Union Railway Minister Suresh Prabhakar Prabhu in Mumbai, Maharashtra.
iii.Three IT enabled apps are:
a.    Hand Held Terminals for TTEs will help in updating status of passenger list of the whole train.
b.   Paperless unreserved ticketing mobile application will be used for booking unreserved tickets on many suburban and some long distance routes.
c.    E-booking of disposable linen on trains will Allows passengers to avail bedroll kits through online booking and from IRCTC set up select outlets on the station.


6. YES BANK PARTNERED WITH SMARTBOX TO HELP REDUCE DELIVERY RETURNS FOR E-COMMERCE FIRMS
i. Yes Bank has tied up with Smartbox Ecommerce Solutions for solving problems  relating to  delivery of e-commerce firms.
ii.The bank will help  the payment solutions for Smartbox network of Automated Parcel Delivery Terminals.
iii. YES Bank partnership will help to reduce costs for e-commerce companies while offering additional convenience to online shoppers.
iv.YES Bank is India's fifth largest private sector bank.