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1. India's Dinesh Sharma elected to Board of Directors of AIIB
1. India’s Dinesh Sharma on 17 January 2016 was elected to the 12-member board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB). A secret ballot for the post was held on 16 January 2016.
2. It is the first Board of Directors of AIIB in which 57 nations are founding members including India.
3. The inaugural meeting of the board of the governors of the AIIB was held in Beijing after its formal launch. The meeting approved by-laws, rules and codes of conduct for the bank. Union Finance Minister of India Arun Jaitley is the designated governor of the AIIB from the country. However, he was represented by Sharma at the meeting. Sharma is currently serving as the Additional Secretary of Ministry of Finance.
2. Union Government held first national stakeholder consultation on BIOFIN project
1. The abbreviation BIOFIN was in news in the third week of January 2016 as the Union Ministry of Environment, Forest and Climate Change held the first national stakeholder consultation meeting on the BIOFIN (Biodiversity Finance Initiative).
The meeting was organized to understand the BIOFIN project and to seek professional inputs from experts of various fields in strengthening the biodiversity conservation efforts in the country.
2. BIOFIN is a global partnership seeking to address the biodiversity finance challenge in a comprehensive manner. Its purpose is to mobilise resources for biodiversity and sustainable development across the world.
3. First infected case of mosquito-borne Zinka virus recorded in the US
1. A mosquito-borne virus called Zinka was in news in the third week of January 2016. It was found that the virus is spreading rapidly through the American continent.
The first case was confirmed in Texas, USA in January 2016 when a traveler returning from Latin America.
2. The disease caused by this virus is not fatal and lasts up to a week, but it was identified that there is a possible link between the virus and a birth defect called microcephaly that causes babies to be born with abnormally small heads and potential developmental problems.
4. Renowned film-maker Lakshman Rao Mohite alias Geethapriya died
1. Renowned Kannada lyricist and film-maker Geethapriya died of cardiac arrest on 17 January 2016 in Bengaluru. He was 84 and survived by wife, son and two daughters.
5. Delhi Acers defeated Mumbai Rockets to clinch Premier Badminton League title
1. Delhi Acers on 17 January 2016 emerged victorious over Mumbai Rockets by 4-3 in the summit clash to clinch the Premier Badminton League (PBL) title. The match was held at the Siri Fort Sports Complex in New Delhi.
2. Tommy Sugiarto, men's doubles pair of Koo Kien Keat and Tan Boon Heong, and Rajiv Ouseph won their respective matches as Delhi grabbed the trophy and a winner's cheque of 3 crores rupees.
6. Former Sikkim Governor Ventrapragada Rama Rao passes away
1. Former Sikkim Governor and senior Bharatiya Janata Party (BJP) leader Ventrapragada Rama Rao passed away in Hyderabad, Telangana following an illness. He was 81. Rama 2. Rao was one of the founders of Jana Sangh (later became BJP) in Andhra Pradesh. He was also Andhra Pradesh BJP president during 1993 and 1997.
7. BCCI bans Ajit Chandila for life; Hiken Shah for 5 years
1. Haryana off-spinner Ajit Chandila was slapped with a life ban for his involvement in the 2013 IPL spot-fixing scandal, while Mumbai batsman Hiken Shah was handed a five-year suspension for making a corrupt approach to a fellow player as the BCCI disciplinary committee sealed their fate after a meeting.
2. However, the committee, headed by BCCI President Shashank Manohar and comprising Jyotiraditya Scindia and Niranjan Shah, deferred a decision on Chandila’s co-accused Pakistani umpire Asad Rauf till February 12, giving him a final deadline of February 9 to file his reply.
3. The 32-year-old Chandila, an off-spinner who was found guilty of spot-fixing during his stint with Rajasthan Royals, was handed a tougher punishment for violating the codes pertaining to accepting bribes, fixing, under performing, trying to induce a fellow player and betting.
8. Somnath Temple to invest in Gold Monetisation Scheme
1. The Somnath Temple is all set to become Gujarat’s first temple to deposit its idle gold in the Gold Monetisation Scheme as its trustees including Prime Minister Narendra Modi have given their nod to invest the yellow metal reserves in the scheme.
2. The trust has around 35 kg of gold and will deposit the gold which is not in day-to-day use of the temple.