Here is the 12th July 2015 Latest Current Affairs of Bank Jobs

International Affairs

On the last leg of his five-nation tour of Central Asia and Russia, the Prime Minister of India Narendra Modi reaches Tajikistan.

  • He was received by Tajikistan Qohir Rasulzoda Prime Minister and Foreign Minister Sirozhiddin Aslov at Dushanbe International Airport.
  • The status of Tunisia as a “non-NATO ally” of the United States was approved today.
  • This initiative will pave the way for a strengthening of military cooperation between the countries.
  • Note: Tunisia is the 16th country to become a major non-NATO ally of the United States.


India and Kyrgyzstan signed the agreements today in four key areas, including cooperation on defense and preservation of culture.

The signed agreements are

  • Agreement on defense cooperation: To deepen cooperation between India and Kyrgyzstan in the issues of security and defense, education and military training, conduct of joint military exercises, exchange experiences, information exchange, exchange of military instructors and observers etc.
  • Memorandum of mutual understanding and society in the field of elections: To deepen cooperation on legislation on elections and referendums, systems and modern technologies, human rights and electoral stakeholder’s process and other issues the election administration. The signing of this MoU is to build technical assistance and support capacity of the electoral commission to manage and administer elections, leading to a strengthening of bilateral relations between India and Kyrgyzstan

MoU between the Ministry of Economy of Kyrgyzstan and the Bureau of Indian Standards (BIS) on cooperation in the field of standards

  • Agreement on cooperation in culture: To deepen cultural cooperation between India and Kyrgyzstan in areas such as preservation of cultural heritage, organization of folk arts, theater, youth festivals and cooperation in the editing and translation of literature, sport and physical culture, exchange of materials archives, history, geography, etc.
  • President of Kyrgyzstan: Atambayev

Business & Economy

NABARD celebrates its 34th Foundation Day today.

NABARD: National Bank for Agriculture and Rural Development

NABARD is an apex development bank in India with headquarters based in Mumbai.

It was established July 12, 1982.

NABARD Chairman: Dr. Harsh Kumar Bhanwalorya

NABARD has announced that it will give Rs 30,000 crore as credit to farmers for irrigation over the next 3 years.

  • This funding will be in addition to the recent announcement to provide Rs 50,000 crore loans to farmers over the next five years under the Pradhan Mantri Krishi Yojana Sinchai government.
  • The government is working on a new agricultural insurance scheme that will cover all entries submitted by a farmer in his farm as well as loans taken by him, the finance minister Arun Jaitley announced
  • Note: The current crop insurance schemes cover only loans to a farmer has taken from banks.

The Finance Ministry has imposed definitive anti-dumping duty on phenol imports from South Africa.

  • Based on the recommendations of the designated authority in the Ministry of Commerce in its Sunset review investigations, the Department of Revenue has imposed the anti-dumping duty per tonne $ 342.76 on all imports of phenol from Africa from South.
  • This anti-dumping duty will be valid for a period of five years.
  • Note: Phenol is an organic base chemical used in cons-plated, laminates, particle board, pharmaceuticals and phenyl formaldehyde resins.


Sania Mirza created history by winning the doubles title at Wimbledon Women with Martina Hingis.

She became the first Indian woman to win a crown Grass Court.

Novak Djokovic won the Wimbledon singles title by defeating Men Roger Federer.

India beat Zimbabwe by 62 points in the second ODI.

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