Current Affairs India - 12 December 2013

1. BJP leader Raman Singh has taken over as Chief Minister of Chhattisgarh for the third consecutive term. Governor Shekhar Dutt administered him the oath of office in Raipur today. With this, Raman Singh has become BJP-s second chief minister to be sworn in for the third consecutive term.

Top BJP leaders including party chief Rajnath Singh, senior leader Lal Krishna Advani, four chief ministers including Narendra Modi and Prakash Singh Badal, Shiv Sena leader Udhav Thakare and leaders of the opposition party Congress attended the glittering ceremony.

2. The indigenously developed light combat aircraft 'Tejas' would officially replace the MiG-21 FL fighter jet, Chief of Air Staff of the Indian Air Force, Air Chief Marshal N A K Browne said today. Indian Air Force has recently decommissioned all of its Mig-21 fighter planes. Defence Minister A K Antony would officially hand over initiation of acceptance of the Tejas into the force at its birthplace in Bengaluru on December 20, the IAF Chief said.

3. Following RBI notification, Banks might need to adopt Aadhaar as additional authentication or move to EMV (Euro pay MasterCard Visa) chip and pin technology to ensure security in card-based payment transactions. The RBI also said that all new card present infrastructures must be enabled with EMV chip and Pin technology as well as Aadhaar acceptance. The notification is based on working group's recommendation headed by Gowri Mukherjee.

4. Qatar based Doha Bank has been granted licence to commence banking operations in India and has been permitted to open a branch in Mumbai to provide full-scale banking services. This is line with the bank-s expansion strategy of expanding operations at the local, regional and international levels, the licence from the Reserve Bank of India to start operations in India is another milestone in that direction. After getting licence, it will soon start operations as a foreign bank branch in Mumbai and will offer wholesale banking, retail banking, treasury and trade finance services to all customers in India.

5. State-owned IFCI has appointed Malay Mukherjee as Managing Director and CEO of the financial institution. Prior to this, he was executive director of Central Bank of India. Also Achal Kumar Gupta has been appointed as Deputy Managing Director of the company.

6. India-s IT services Company Wipro has received the -2013 ESCAP-Sasakawa Award for Disability-Inclusive Business in Asia and the Pacific-, in the category -Disability-Inclusive Multinational Enterprise-. The award for Disability-Inclusive Business was established by ESCAP in cooperation with The Nippon Foundation (TNF) and the Asia-Pacific Development Center on Disability (APCD) to recognise and honour companies that have made a significant breakthrough in engaging and hiring people with disabilities in their daily operations. The award is an initiative that views persons with disabilities as an untapped workforce.

7. Indian Kabaddi teams both in Men and Women-s team have stormed into the final of 4th World Cup Kabaddi Tournament at Bhatinda yesterday. Now Indian Men-s team will compete against Pakistan while Women-s team will compete against New Zealand for the world title.

8. Ace Indian shuttler Saina Nehwal faced the prospect of an early exit after suffering a second consecutive defeat to Olympic champion Li Xuerui of China in a Group B match of the BWF World Super Series Finals today. This is a very bad year for the World number six player who did not win a single title this year.

9. International Olympics Committee (IOC) cleared the Indian athletes to participate in the 2014 Winter Olympics at Sochi in Russia yesterday. The decision came after the Indian Olympic Association (IOA) amended its constitution on 8 December 2013 so as to comply with the IOC ethics rules. The ethics rule of IOC requires a complete ban on tainted persons from its elections. This saved India from becoming the first country in 40 years to have been expelled from the Olympics. However IOC has not yet cleared whether the Indian athletes can compete under the Indian flag or they would have to compete under the Olympic flag.