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Current Affairs One liner of the day: 16 March 2017

Mar 16, 2017 18:34 IST

16 March 2017: The one liner of 15th March covers important current happenings that are relevant to competitive exams. The day’s one liner’s cover important the happenings like US Federal Reserve, approval to permit Indian Oil to sale and proposal to develop Cashew Development Board among others.

• US Federal Reserve raised the benchmark interest rate by - 0.25%

• The Cabinet Committee on Economic Affairs gave its approval to permit Indian Oil to sale this much per cent of the equity in Lubrizol India to Lubrizol Corporation – 24 per cent

• The government of this State proposed to set up a Cashew Development Board for developing 10,000 hectares of good quality of cashew orchards over the next 5 years – Karnataka

• The Union Cabinet apprised of MoUs for cooperation in youth and sports matters with these two countries recently - Indonesia & Kyrgyzstan

• The Union Cabinet approved introduction of the Indian Institutes of Information Technology Public Private Partnership (IIIT PPP) Bill, 2017, which grants - statutory status to the fifteen Indian Institutes of Information Technology in Public Private Partnership and declares them as Institutions of National Importance

• The Executive Committee of National Mission for Clean Ganga recently approved 20 projects worth - nearly Rs 1900 crore

• Snapdeal partnered with Japan External Trade Organisation to - sell Japanese products

• As per the Women in Politics Map 2017 launched by the UN, India stands at - 148

• This US state’s federal judge has issued a nationwide order banning President Donald Trump’s latest executive order on immigration ban from six Muslim-majority nations – Hawaii

• The US Senate in a recent vote confirmed the appointment of this former Republican Senator as Trump’s new Director of National Intelligence - Dan Coats

• This Lieutenant General required Senate approval for his appointment to the position as Trump’s National security adviser as he chose to remain as an active military officer - HR McMaster

• The Commerce Minister Nirmala Sitharaman launched this scheme with the aim of bridging the gap in export infrastructure - Trade Infrastructure for Export Scheme (TIES)

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