Wednesday, January 15, 2014

Current Affairs 12 January 2014

1. Road Transport and Highways Ministry is observing the National Road Safety Week across the country to create awareness among the people. The theme of this year’s Road Safety week is “When on road, always say Pehle Aap”.
2. The world’s first Bitcoin storage service that insures deposits of the digital currency against hackers and accidental loss has opened in London. Bitcoin is a virtual currency that can be generated through complex computer software systems with solutions shared on a network. The new Bitcoin storage service offering insurance in U.K., named Elliptic Vault, uses “deep cold storage” techniques to secure the digital currency. Bitcoin keys are encrypted and stored offline. There are multiple copies, protected by layers of cryptographic and physical security.
3. Awami League chief Sheikh Hasina was Sunday sworn in as prime minister of Bangladesh for the third time along with a 48-member cabinet. President Abdul Hamid administered the oaths of office and secrecy to the 66-year-old Hasina. The cabinet includes 29 ministers, 17 state ministers and two deputy ministers.
4. World Bank will provide 50 million dollar assistance to Afghanistan to support the government’s efforts to improve access to credit for micro, small and medium enterprises. An agreement to this effect was signed by World Bank country director for Afghanistan, Robert Saum and Afghan Finance Minister Dr. Omar Zakhilwal in Kabul yesterday.

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