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12 Jan 2019 Current Affairs

Ex-Hotstar CEO Ajit Mohan officially joined Facebook India as VP and MD
TAjit Mohan officially took over as Facebook India’s new Vice President and MD. He succeeded Umang Bedi who left the post Mohan, a former CEO of Hotstar, was earlier appointed to lead as India’s head for the company.

Maduro Sworn in as Venezuela President for 2nd Term
Venezuelan President Nicolas Maduro started a second term in office, amid the economic and humanitarian crisis faced by the Latin American country. Maduro was re-elected last year amid allegation of vote buying and electoral fraud. The US, EU and 13 other countries have said that they would not recognise Maduro’s Presidency.

India Ranks 79th, Japan Tops List of Most Powerful Passports
According to Henley Passport Index, which keeps in record and analyses of every country’s travel afford revealed a report of powerful passport holding country, in which Japan has retained its position to the top for the consecutive year due to access the document’s access to 190 countries and India has leaped two steps forward to 79th rank from 81st rank.A total of 190 countries are analyzed here.

Miss Philippines Catriona Gray crowned Miss Universe 2018
Miss Philippines Catriona Gray was crowned Miss Universe after she won the final round of the Miss Universe 2018 pageant, held in Bangkok. Outgoing Miss Universe Demi Leigh Nel Peters from South Africa crowned her successor.

India to become world’s third largest consumer market by 2030: WEF
A report by World Economic Forum said that India is set to become the world’s third largest consumer market behind only USA and China by 2030. The report said consumer spending in India is expected to grow from 1.5 trillion US dollar at present to six trillion US dollar by 2030. The report said that with the annual GDP growth rate of 7.5 percent, India is currently the world’s sixth largest economy.