Daily Current Affairs for Govt Jobs- 15th December 2017

Dear Readers, we are presenting Daily Current Affairs for Govt Jobs- 15th December 2017. Daily Current Affairs and General Knowledge is very helpful for IBPS Bank Exams, SBI , RBI Assistant,NIACL, SSC and Railway Exams and other Govt Job aspirants.

1. Finance Ministry form panel to frame response to the bitcoin issue 

The Finance Ministry has formed a new panel to frame response on the bitcoin issue. This came after the breakneck rise in the price of the cryptocurrency this year and the Income Tax Department surveying operations at the major e-currency exchanges across the country. 

Bitcoin, a virtual currency, is not regulated in the country and its circulation has been a cause of concern among central bankers the world over for quite a while now. 

2. Union Cabinet clears Bill on instant triple talaq 

The Union cabinet has cleared a Bill to ban the practice of instant triple talaq among Muslims. 

The Bill titled "The Muslim Women (Protection of Rights on Marriage) Bill" proposes to make the practice of triple talaq a criminal offence. 

According to the Bill, a woman who has been divorced through triple talaq, can seek maintenance from her husband by approaching a magistrate. 

3. Cabinet Approves Bill To Replace Medical Council Of India

A bill to replace the Medical Council of India (MCI) with a national medical commission was cleared by the Union Cabinet.

The MCI is a statutory body for establishing uniform and high standards of medical education in India. The bill seeks to replace the MCI with a new Commission.

According to government sources, the National Medical Commission Bill envisages a four-tier structure for the regulation of medical education, with a 20-member National Medical Commission at the top.

4. 11th WTO Ministerial Conference Held in Argentina

The Eleventh World Trade Organization (WTO) Ministerial Conference (MC11) took place in Buenos Aires, Argentina. The Conference was chaired by Minister Susana Malcorra of Argentina. Indian Delegation was led by Minister of Commerce and Industry Suresh Prabhu. 

5. Michael Jordan, World's Highest-Paid Athlete of All Time

In the latest list released by Forbes, Michael Jordan has been named as the highest-paid athletes of all time. The 54-year-old has a whopping $1.7 billion in the bank.

Former world number one golfer Tiger Woods is standing at the second spot. Late America golfer Arnold Palmer is at No.3 with incredible $1.4 billion to his name.

6. RBI Imposes Restrictions on Corporation Bank as its Bad Loans Crosses 10%

The Reserve Bank of India (RBI) has imposed certain restrictions on Corporation Bank on carrying out banking activities as its share of bad loans rose sharply. The RBI has triggered prompt corrective action (PCA) against it in view of high non-performing loans and requirement to raise capital.

This makes Corporation Bank eighth bank to face restriction in a span of 10 months. Corporation Bank's net non-performing loans cross 10% and it reported losses of Rs 1035 crore in the second quarter ending 2017.