Latest Current Affairs of 20th June 2017

                                                  International

DGCA suspends the flying licence of Air Carnival

Directorate General of Civil Aviation has suspended the flying licence of Air Carnival after it failed to satisfy the regulator in its response to the show-cause notice. It is Coimbatore based. Air Carnival has become the third regional carrier, after Air Pegasus and Air Costa.

Membership of Argentina, Madagascar, Tonga is approved by AIIB

Asian Infrastructure Investment Bank (AIIB) has approved the membership of Argentina, Madagascar and Tonga at the Governor’s second annual meeting. The first meeting was held in Beijing in 2016. Approved members are one regional prospective member of Tonga and two non-regional members of Argentina and Madagascar. 

                                                          Sports

World’s second biggest celebrations of International Yoga Day to be held in China after India

China has become the world’s second biggest state celebrations of International Yoga Day. Thousands of Chinese would participate in scores of events organized across the country after India. India is the state in this category.

                                                         Banking

RBI initiates Prompt Corrective Action against Bank of Maharashtra as NPA mounts

Reserve Bank of India has initiated prompt corrective action (PCA) on Bank of Maharashtra placing a restriction on the banking activities. This action is taken on the bank in view of the high level of bad loans.