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Daily Current Affair 12 Feb 2018

  1. From February 11-13, The World Government Summit 2018 is being held in
  • India’s Prime Minister Narendra Modi has been thanked for visiting as guest of honour to the World Government Summit by Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum, UAE’s Vice President and Prime Minister.
  • The three-day event, which was first held in Dubai in 2013, has been described as the largest annual government summit.
  1. For the Smart Cities Mission, the Centre has released nearly Rs 9,940 crore to the states so far, with Maharashtra accounting for the highest amount of Rs 1,378 crore, followed by Madhya Pradesh getting Rs 984 crore.
  • 99 cities for central assistance under the BJP government’s flagship programme has announced by the Housing and Urban Affairs Ministry. The total proposed investment in these cities was Rs 2.03 lakh crore.
  1. For learning Sanskrit language in Gujarat University in Ahmedabad, the Union Home Minister Rajnath Singh launched the first spoken sanskrit Centre.The centre will offer a six-month course for people on how to speak the language.
  • Atul Unagar, the coordinator of the course, said it was possibly the first such course launched in
  1. For information utility with National e-Governance Services Limited, Punjab National Bank has signed an agreement.The objective of the agreement is to augment the information infrastructure in
  • It will enable storing of financial information that will help substantiate defaults and verify claims expeditiously.
  • In turn this will facilitate resolution in the National Company Law Tribunal in a time bound manner.
  1. In partnership with NPCI, WhatsApp has released a payment-enabled beta version of its messaging app in India.
  • Through the Unified Payments Interface (UPI) infrastructure, whatsApp allows peer-to-peer payments.
  1. HDFC Bank, Private sector lender, has announced appointment of Rakesh Singh as private banking head.
  • The bank’s investment banking, capital markets and financial institutions businesses will be continued by him.
  • Private banking is wealth management service of the bank catering to High Net Worth and ultra-HNW individuals, families and establishments, who aim to successfully manage and grow their wealth.
  1. Biswamohan Mahapatra as non-executive chairman of the board has been appointed by the National Payments Corporation of India (NPCI), for a period of two years, with effect from February 8, 2018.
  • Mahapatra succeeds B Sambamurthy, who has been the interim chairman.
  1. After the conclusion of the bilateral meeting between the two leaders, President Abbas conferred the honour ‘Grand Collar of the State of Palestine’ on Modi.
  • Modi is the first Indian Prime Minister to make an official visit to Palestine.
  1. At the age of 66 Pakistan’s top lawyer and human rights activist Asma Jehangir (Known for her bold stance) passed away due to a cardiac arrest in Lahore.
  • Asma was the country’s symbol of resistance and a human rights activist who spoke against military dictators and abusers of law for the past five decades.
  • In the region during the 1990s, She was also appointed as UN Rapporteur. She headed the Human Rights Commission of Pakistan and remained the Supreme Court Bar Association chairperson.

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