Current Affairs 16th March 2016

Current Affairs 16th March 2016

Current Affairs is the most curtail part of any competitive examination. Various examinations like IBPS, CWE, RRB, SSC, IAS, IPS etc will stress on current affairs to test the candidates IQ. Hence for the aspirants taking part in today’s heavy competition we are here with daily current affairs/ GK Bits. Hence all the aspirants can check the useful stuff from here and they can get the high score in the competitive tests.

Current Affairs 16th March 2016

ICICI Bank dispatches NFC-based mobile instalment arrangement Touch and Pay

• India’s biggest private part loan specialist ICICI Bank has dispatched new contactless portable instalment arrangement Touch and Pay in light of Near Field Communication (NFC) innovation.
• The instalment arrangement will empower the bank’s credit and charge clients to make in-store contactless instalments by waving their cell phones almost a NFC-empowered shipper terminal.
• With this, ICICI Bank turns out to be first monetary foundation in the nation to influence the Host Card Emulation method which makes virtual cards for physical charge or Visas of the bank.
• On each instalment done utilizing this administration at a vendor store, one-use novel token will be created by the Bank’s server which will be sent by means of encryption to the shipper keeping in mind the end goal to guarantee security of the card subtle elements.
• Touch and Pay office will be accessible toward the end of March 2016 at more than 60000 dealers the nation over. It will be additionally consolidated into the current Pockets utilization of the bank.

Rajya Sabha passes Sikh Gurdwaras (Amendment) Bill, 2016

• Rajya Sabha has passed the Sikh Gurdwaras (Amendment) Bill, 2016 with no discourse.
• The Bill proposes to revise the a few procurements of the Sikh Gurdwaras Act, 1925 reflectively with impact from October, 2003.

Union Government forces hostile to dumping obligation on Plastic-Processing imports

• Union Government has forced hostile to dumping obligation of up to 44.7 for each penny on import of plastic-preparing machines from Malaysia, Chinese Taipei, Philippines and Vietnam for a long time.
• The counter dumping obligation will be required on imports of a wide range of plastic-handling or infusion forming machines, otherwise called infusion presses.
• The move is gone for shielding the residential business from modest in-bound shipments from these 4 nations.

UN suspends Maria Sharapova as Goodwill Ambassador subsequent to doping charges

• The United Nations (UN) has suspended Russian tennis player Maria Sharapova as Goodwill Ambassador of the association after she was tried positive on doping charges.
• She was suspended by New York based UN Development Program (UNDP) until the result of the examination concerning her case is known.
• However UNDP had specified that are thankful to Maria Sharapova for her backing to their work, particularly around the Chernobyl atomic debacle recuperation.
• Prior in March 2016, the five times Grand Slam champion and the most generously compensated female competitor Maria Sharapova had reported that she tried positive for a medication called meldonium, at the Australian Open prior in January 2016.

Haryana New Secretariat Building gets first Earthquake Warning System in nation

• Haryana’s New Secretariat Building in Chandigarh has turned out to be first working in the nation to have an early Earthquake Warning and Security framework (on location).
• The framework was introduced by New Delhi based Terra Techcom Private Limited and Secretary Electronics GmbH, Germany.