Current Affairs 15th July 2016

Current Affairs 15th July 2016 - Important Points

• India, ADB sign 100 Million US dollar loan agreement for which project in Tamil Nadu - Cauvery Delta
• 11th ASEM summit begins in - Ulaanbaatar, Mongolia
• Which bank sets up Sudarshan Sen-headed Inter-regulatory Working Group on Fin Tech and Digital Banking – RBI
• Fide Women’s Grand Prix trophy won by - Harika Dronavalli 
• On 15 July 2016 which day is observed globally - World Youth Skills Day
• Who has been appointed as Chairman of CBSE - Rakesh Kumar Chaturvedi

Current Affairs 15th July 2016 - Details

India, ADB sign 100 Million US dollar loan agreement for which project in Tamil Nadu - Cauvery Delta

Among Important National Current Affairs, on 14 July 2016 The Union Government and the Asian Development Bank (ADB) signed a 100 million US dollars loan agreement to strengthen key irrigation and drainage system and also to improve water management in the Vennar sub-basin of the Cauvery delta in Tamil Nadu.

However, to strengthen embankments of six major irrigation water channels in the Vennar system and rehabilitate 13 irrigation pumping schemes, the financing will be used.

Do You Know – 

• Main aim of this project is to improve existing infrastructure and to provide flood protection and renewed access to irrigation.

• Flood forecasting and warning systems will be installed and a flood risks map drawn up to help communities respond more effectively to extreme events.

11th ASEM summit begins in - Ulaanbaatar, Mongolia

Among Important International Current Affairs, the eleventh edition of Asia-Europe Meeting Summit (ASEM11) or ASEM2016 will began in Ulaanbaatar, the capital of Mongolia. 

The main theme of the Summit is ‘Partnership for the Future through Connectivity‘. 

However, World leaders including from the leaders of 51 member countries and the representatives of European Union and Asian also are attending the two day of this summit. 

Indian delegation is led by Vice President Mohmmad Hamid Ansari. Main agenda of India for the summit is to push the efforts to boost inter-continental connectivity.

Which bank sets up Sudarshan Sen-headed Inter-regulatory Working Group on Fin Tech and Digital Banking – RBI

On 14th July 2016, The Reserve Bank of India (RBI) to study the entire gamut of regulatory issues relating to Fin Tech (financial technology) and Digital Banking in India constituted an inter regulatory Working Group (WG).

It will also view the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities.

Fide Women’s Grand Prix trophy won by - Harika Dronavalli 

Among Important Sports Current Affairs, on 14th July 2016 India's Grand Master Harika Dronavalli won the Fide Women’s Grand Prix trophy in Chendu, China. 

However, this was the first Grand Prix Chess title for the Grand Master from Guntur.

Harika grabbed this title by defeating Russia’s Olga Girya.

On 15 July 2016 which day is observed globally - World Youth Skills Day

On 15 July 2016, The World Youth Skills Day (WYSD) was observed globally with the theme Skills Development to Improve Youth Employment.

On this occasion, United Nations organised the event facilitated by the UN Envoy on Youth Ahmad Alhendawi. The event was also co-organized with the Permanent Missions of Portugal and Sri Lanka to the United Nations, UNESCO and the International Labour Organization (ILO).

Who has been appointed as Chairman of CBSE - Rakesh Kumar Chaturvedi

Among Important National Current Affairs, Senior IAS officer Rakesh Kumar Chaturvedi has been appointed as the new Chairman of the Central Board of Secondary Education (CBSE). 

Rakesh Kumar Chaturvedi was appointment by the Appointment Committee of the Cabinet (ACC) headed by Prime Minister Prime Minister Narendra Modi. 

However, for a period of five years he has been appointed. Rakesh Kumar Chaturvedi is a 1987 batch IAS officer of Madhya Pradesh cadre. As a bureaucrat he has wide-ranging rich experience in the commerce and revenue departments.