16th December 2023 Daily Current Affairs

Banking & Finance

The Reserve Bank of India increased the limit for automatic payments through Unified Payments Interface (UPI) to Rs 1 lakh per transaction from the existing Rs 15,000 for certain categories, including subscription to mutual funds.
As of now, relaxation in Additional Factor of Authentication (AFA) is permitted while processing e-mandates/standing instructions on cards, prepaid payment instruments and UPI for subsequent recurring transactions with values up to Rs 15,000

Honours & Awards

Rijul Maini crowned Miss India USA 2023 at the annual pageant held in New Jersey.
The title of Miss Teen India USA was awarded to Saloni Rammohan of Pennsylvania, while Mrs India USA was won by Sneha Nambiar of Massachusetts.
Greeshma Bhat of Virginia was declared first runner-up and Ishita Pai Raikar of North Carolina was the second runner-up.
Ms Maini is a model and a medical student.

Honours & Awards

Veteran actor Kabir Bedi has been honoured with the highest civilian honour of Italy.
He was awarded the Order of Merit of the Italian Republic (Merito della Repubblica Italiana).
Niccolo Fabi gave a unique live musical performance following the occasion in Mumbai.
The scroll of honour was signed by President Mattarella and counter-signed by Prime Minister Giorgia Meloni.