Who has been appointed as the new Managing Director of National Housing Bank (NHB)?

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• Sarada Kumar Hota takes charge as NHB MD
• National Housing Bank (NHB) has a new Managing Director in Sarada Kumar Hota.
• Prior to this appointment, Hota was Managing Director and Chief Executive Officer of Can Fin Homes.
• Hota, who has assumed charge of his new role, has been appointed as housing finance regulator by the Appointments Committee of the Cabinet for a period of three years.
• He succeeds Sriram Kalyanaraman.

SBI-led consortium has selected whom as Resolution professional (RP) for Jet Airways?

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• SBI-led consortium picks Grant Thornton as resolution professional (RP) for Jet Airways
• The Jet Airways lenders consortium has selected Ashish Chhawchharia of advisory firm Grant Thornton for the role of interim resolution professional (RP) for the airline’s bankruptcy proceedings.
• The consortium led by State Bank of India (SBI) had opted for a resolution of the grounded airline under the Insolvency and Bankruptcy Code (IBC).
• With the company in NCLT, the lenders face the possibility of recovering a fraction of their dues worth ₹8,400 crore. Jet’s total liabilities, including unpaid salaries and vendor dues, are nearly₹15,000 crore.

Who has taken over the charge of new Managing Director and CEO of Indian Overseas Bank?

Correct! Wrong!

• Karnam Sekar takes over as MD and CEO of IOB.
• Karnam Sekar has taken over the charge new Managing Director and CEO of Indian Overseas Bank from July 01, 2019. He has replaced R Subramaniakumar.
• Karnam Sekar is the Former MD of Dena Bank.

Who has been appointed as the Chairman of Microfinance Institutions Network (MFIN)?

Correct! Wrong!

• Manoj Kumar Nambiar appointed as chairman of MFIN.
• Manoj Kumar Nambiar has been appointed as the Chairman of Microfinance Institutions Network (MFIN).
• Microfinance Institutions Network is an association for the microfinance sector in India. Its member organizations constitute the leading microfinance institutions in India.

N.S Vishwanathan has been reappointed as deputy governor of the Reserve Bank of India (RBI) for a period of?

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• Government Reappoints N.S. Vishwanathan as RBI Deputy Governor for One Year
• N.S Vishwanathan has been reappointed as deputy governor of the Reserve Bank of India (RBI) with effect from 4 July 2019. His tenure was to end on 3 July 2019.
• Vishwanathan is in charge of regulation of banks, non-banking finance companies and cooperative banks.
• He is one of the three deputy governors of Central bank, besides B P Kanungo and M K Jain.

Who has been appointed Chairman and Managing Director of Bharat Sanchar Nigam Ltd?

Correct! Wrong!

• MTNL Chairman P.K. Purwar gets Additional Charge of BSNL CMD
• The government has appointed MTNL Chairman and Managing Director (CMD) P.K. Purwar as the interim CMD of Bharat Sanchar Nigam Ltd (BSNL)
• He has been appointed for a period of three months with effect from July 1, 2019 or till the appointment of a regular incumbent to the post or until further orders, whichever is earliest
• He succeeds Anupam Shrivastava who retired upon superannuation on June 30, 2019.

NASA has selected which Indian Scientist as its co-investigator for PUNCH mission?

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• NASA's PUNCH mission selected Indian Scientist Dipankar Banerjee as its co-investigator
• Dipankar Banerjee a solar physicist from Indian Institute of Astrophysics selected by NASA (National Aeronautics and Space Administration) for its PUNCH mission.
• He is also the co-Chair of India's Science Working Group
• India planning to send up its own satellite Aditya-Ll, A mission to study the Sun's corona.
o About PUNCH:
• PUNCH is an acronym for "Polarimeter to Unify the Corona and Heliosphere",
• The main objective of the mission is to understand the transition of particles from the Sun's outer corona to solar wind that fills interplanetary

The Reserve Bank of India has constituted a Working Group to Review Regulatory and Supervisory Framework for Core Investment Companies under whose chairmanship?

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• RBI Constitutes Working Group on Core Investment Companies; Head- Tapan Ray.
• The Reserve Bank of India has constituted a Working Group to Review Regulatory and Supervisory Framework for Core Investment Companies.
• The working group has six members and is headed by Shri Tapan Ray. He is a Non-Executive Chairman of Central Bank of India and former Secretary, Ministry of Corporate Affairs, Govt. of India.
• The committee will suggest measures to strengthen corporate governance and disclosure requirements for CICs, assess the adequacy of supervisory returns submitted by CICs and suggest changes therein and various other things for the betterment of CIC.

Who has been appointed as the Director of Institute of Banking Personnel Selection (IBPS)?

Correct! Wrong!

• B Harideesh Kumar Appointed as Director of Institute of Banking Personnel Selection.
• Karnataka based B Harideesh Kumar has been appointed as the Director of Institute of Banking Personnel Selection (IBPS) for a period of three years.
• Before this, he was the Executive Director of Canara Bank.
• Kumar started his banking career with erstwhile Vijaya Bank in the year 1978.

The Reserve Bank of India has appointed A K Misra as additional director on the board of which bank?

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• RBI appoints A K Misra as additional director in J&K Bank.
• The Reserve Bank of India has appointed A K Misra as additional director on the board of Jammu and Kashmir Bank (J&K Bank). He is a former executive director of RBI.
• A K Misra shall hold the office for a period of two years up to July 2, 2021 or till further orders.

Who has been appointed as the Ambasssador for Jal Shakti Abhiyan?

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• Jal Shakti Abhiyan ambassador Aamir Khan opens up on India's critical water crisis
• Actor Aamir Khan recently opened up on the major water crisis that India is currently facing. The actor, who is the ambassador for Jal Shakti Abhyan is one of the Bollywood stars who are working tirelessly to draw attention to water scarcity in the country. The Jal Shaktai Abhyan is a water conservation campaign by the government.
• The campaign is focused on five major aspects - water conservation and rainwater harvesting, renovation of traditional and other water bodies, reuse of water and recharging of structures, watershed development, and intensive afforestation.

Rajni Saraf has been appointed as the chief financial officer (CFO) of which bank?

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• Rajni Saraf appointed as CFO of J&K Bank.
• Jammu and Kashmir Bank has appointed Rajni Saraf as its chief financial officer (CFO).
• The Board of Directors of the bank has appointed Rajni Saraf as chief financial officer of the bank for a period of 6 months with effect from July 5, 2019

Who has been appointed as the next MD and CFO of the World Bank?

Correct! Wrong!

• India's Anshula Kant is World Bank MD and CFO.
• The World Bank Group on Friday announced that Anshula Kant, an Indian national, has been appointed its next MD and CFO. Ms. Kant will be the first woman CFO of the Bank.
• “Anshula brings more than 35 years of expertise in finance, banking, and innovative use of technology through her work as CFO of the State Bank of India,” World Bank Group president David Malpass said via a statement.