*CURRENT AFFAIRS (26:03:2014)

1. Japanese architect Shigeru Ban honoured with Pritzker Prize 2014.
- The award is considered to be the most prestigious award in architecture.
- He has been awarded for serving humanity through his creative and
affordable designs for disaster relief shelters.
- The shelters designed by him happen to be easy-to-construct-and-
dismantle and has come handy in many disaster hit nations like Haiti,
Sri Lanka and India.
2. 'Bank of India' becomes the 1st public sector bank to launch
Instant Money Transfer (IMT) scheme in Mumbai. The IMT, an innovative
domestic money remittance facility, allows customers to withdraw cash
from IMT-enabled ATMs without the need of any card or bank account.
Process of Transaction
- The sender initiates IMT by providing receiver's name, address and
mobile number to the bank either on SMS or Internet banking.
- The notification of IMT is sent on the recipient's mobile along with
a four-digit SMS Pin.
- The sender separately sends the four-digit sender code to the receiver.
- Now the recipient can withdraws cash from the special IMT-enabled
ATMs by punching in the mobile number and received sender code, and
SMS Pin.
3. Acclaimed photographer Rajesh Bedi honoured with the Life-Time
Achievement Award at the 3rd National Photography Awards 2014.
- 12 more awards were presented across various categories at the event.
4. Railway Sports Promotion Board (RSPB) lifts 4th Hockey India Senior
Women National Championship (Division A) title thumping defending
Champions Haryana by 4-0 in the final.
- Jharkhand trumps Punjab to secure 3rd position in the tournament.
5. Saugata Gupta has been appointed as the Managing Director and CEO
of Merico Limited.
- Merico Ltd, a leading FMCG company of India, is the maker of famous
'Saffola' and 'Parachute oils'.
- He succeeds Harsh Mariwala as such who will continue as the Chairman
of the company.