IBPS: Daily GK Update 16th February 2017, Important Current Affairs

1. Cabinet has approved merger of five subsidiary banks with State Bank of India. Briefing reporters in New Delhi , Finance Minister Arun Jaitley has stated that, the merger is likely to result in recurring saving, which is estimated at more than one thousand crore rupees in first year. 

2. During the recent CII partnership summit in AP 12 MoUs were signed by the State Government with different companies for setting up 12 apparel units in the State entailing investment of Rs. 963 crores in all and generating 46,000 jobs. These 12 projects will come up in the next one to one-and-a-half years.

3. A two-day mega event of Global Investor Summit, branded as "Momentum Jharkhand" is kicked off at Khelgaon of Ranchi. 

4. The five-day ‘Indian Panorama Film Festival’ being organised by the Directorate of Information and Publicity, Andaman & Nicobar Administration, in association with the Ministry of Information & Broadcasting and Directorate of Film Festivals/IFFI, New Delhi, Govt. of India got underway in Port Blair.

5. The Jammu and Kashmir government launched the e-Prison project to enumerate jail inmates in the State, where numbers of detainees keep swelling during unrest.State Minister for Information Technology Molvi Imran Raza Ansari, who inaugurated the project in Jammu stated that The information about jail inmates is currently being maintained manually. 

6. The state government of MP decided to set up a tourism board. The decision was reached at a meeting of the tourism cabinet in Pachmarhi.The chief minister Shivraj singh chauhan will be the chairman of the board. 

7. The Global Gene Corp and Global Alliance for Genomics and Health (GA4GH) launched an Indian Beacon for Indian genomics data to enable the scientists in developing more effective drug delivery systems.

8. Usain Bolt honored with ‘Sportsman of the Year ’Jamaica’s sprinter Usain Bolt won the ‘Sportsman of the Year’ award at the Laureus World Awards or the ‘Oscar of Sports’ held in Monaco .  

9. Indian professional hockey player Sandeep Singh has been honored with an Honorary Doctorate Degree by Desh Bhagat University, a private educational institution in Amloh, Fatehgarh Sahib District of Punjab.

10. The Left-handed opening batsman of Pakistan Nasir Jamshed on February 13 has been provisionally suspended from all forms of cricket by the Pakistan Cricket Board (PCB) for violating its anti-corruption code.