Current Affairs : October 15, 2011

RBI enhances per transaction limit to $ 3,000 for exporters

• RBI increased the limit for holding foreign currency abroad to $3,000 per transaction for exporters against the existing $ 500. As per the RBI, the RBI the verdict taken for export related remittal obtained via Online Payment Gateway Service Providers (OPGSPS). The provision is just offered in case of online transactions.
  

Special battalion of SDRF to be raised in Sikkim

• Obtaining a key lesson via the disastrous Earthquake that induced great scale destruction in the State the previous month, the Sikkim Govt has now determined to hoist a battalion of State Disaster Response Force. Objective: To handle such calamities in times to come.
  
• The projected State Disaster Response Force to be equipped and trained on the lines of the National Disaster Response Force, pulling its workforce from the Para-military and police forces of the State Government itself.
  

UN suspends partial aid to Kenyan refugee camp

• United Nations has provisionally freezed all non-life saving support operations in the world’s biggest refugee camp in Kenya subsequent to the kidnapping of two Spanish aid workers near the Kenya-Somalia border. Several staff members have been limited to their offices, pushing the annulment of services like education, counselling and the relocation of families awaiting further notice. 

‘Lal Bahadur Shastri National Award’ conferred on Professor Yashpal

• The President Ms Pratibha Devisingh Patil bestowed the esteemed Lal Bahadur Shastri National Award to famous Scientist and Educationist, Professor Yashpal for the year 2011 for distinction in the fields of Public Administration, Academics and Management. 
  

Nobel Memorial Wall Exhibition opens at Delhi Metro Rail stations

• The Nobel Memorial Wall Exhibition collectively inaugurated by Embassy of Sweden and the Delhi Metro Rail Corporation, DMRC at Rajiv Chowk Metro Station, New Delhi. Objective: To spread awareness about all the Nobel Laureates from India. It will be open at the Rajiv Chowk and Huda City Centre Metro stations. Indian Nobel Laureates are being honoured as a part of the 5^th edition of The Sweden India Nobel Memorial Week.
  

Bhutan King Jigme Khesar Namgyal Wangchuck marries commoner Jetsun Pema

• Bhutan’s King Jigme Khesar Namgyel Wangchuck tied the nuptial knot with his childhood friend and India-educated commoner Ms Jetsun Pema in a traditional Buddhist ceremony at a fortress in Punakha, the historical city, 71 km from capital Thimphu.
  

Durand Cup Football: Cherchill brothers Win

• Churchill Brothers won the 124^th Durand Cup Football Tournament beating Prayag United in the Finals played at New Delhi.
  

Karvachauth festival celebrated with great fervour

• In Northern India a festival of married women (Suhagins) is being celebrated with great enthusiasm. The Women keep fast on this day for the well being and long life of their husbands and take food late in the evening after offering ARGHAYA to the moon.
  

Shram Awards 2009 Conferred

• 4 employees of Hindustan Zinc received the Prime Minister’s Shram Award for the year 2009 in the workmen group for their excellent track record and devotion to duty. 
  
• The Prime Minister’s Shram Bhushan Award contains a ‘ Sanad’ and a cash award of Rs. 1 Lakh and the Prime Minister’s Shram Veer Award contains a cash award of Rs. 60,000. 
  

India’s longest tunnel ready

• The Northern Railways unfolded India’s longest railway tunnel cutting across the Pir Panjal range in J &K. The tunnel is part of the aspirational Udhampur – Srinagar – Baramulla rail link project of Northern Railways.

Homogeneous KYC Regulation norms by Nov’11

• SEBI to come out by Nov’11 Homogenous norms for setting up a uniform Know Your Customer (KYC) Regulation Authority. It will relieve the burden comparable on the intermediaries as well as the common man, seeking to make investments.
  
• This mechanism once set would make certain that KYC exercise is undertaken only once and enabling all intermediaries to access a prospective client’s number for getting his KYC status.
  

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Month: Current Affairs - October, 2011