Page-5 of Current Affairs - April, 2014

Justice G Rohini appointed as the first ever woman Chief Justice of the Delhi High Court

April 20, 2014

President Pranab Mukherjee cleared the nomination of Justice G Rohini (59), the most senior judge of the Andhra Pradesh high court, as the Chief Justice of the Delhi High Court. Prior to Justice Rohini’s appointment, the Delhi high court had a ..

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Indian Navy's first aircraft carrier INS Vikrant sold to ship-breaker for only Rs 60 Crore

April 20, 2014

Indian Navy’s first aircraft carrier INS Vikrant has been sold for mere Rs 60 Crore via an online auction to an Alang ship-breaker. The decommissioned aircraft carrier played an crucial role in the 1971 Indo-Pak war. The carrier was sold ..

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RBI accepts P. Vijaya Bhaskar Committee's recommendations relating to Financial Benchmarks; asks establishing an independent body for recommending benchmark foreign exchange rate

April 19, 2014

RBI has accepted the P. Vijaya Bhaskar Committee’s recommendations relating to Financial Benchmarks. RBI has asked for establishing an independent body for recommending benchmark foreign exchange rate in order to avoid any potential manipulation by the bankers. The Bhaskar Committee had suggested ..

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Board of Financial Supervision (BFS) clears proposal that RBI will conduct an independent audit of big corporates declared fraudulent by banks

April 19, 2014

Following a sequence of investigations by the banks themselves in high-profile cases viz. Deccan Chronicle, Kingfisher Airlines, etc. which yielded very little, the RBI has now decided to itself investigate such high-profile fraud cases. The Board of Financial Supervision (BFS), chaired by ..

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RBI raises Rs 20,000 Crores in record auction; India’s biggest debt auction ever

April 19, 2014

RBI fully sold the Rs 200 billion ($3.31 billion) worth of Government bonds on Thursday April 17, 2014, executing the India’s biggest-ever auction. Speculations ran in market that Life Insurance Corporation had bought a major portion of the debt at the auction. On ..

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"Crusader or Conspirator? Coalgate and other Truths" – Book by former coal secretary P C Parakh released

April 17, 2014

“Crusader or Conspirator? Coalgate and other Truths” authored by former coal secretary P C Parakh released. Controversy surrounding the book: Parekh in his controversial book has alleged that the PM Manmohan Singh incapable to avert his own junior ministers from blocking ..

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"The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh" – Book by Sanjaya Baru, former Media Advisor to PM

April 17, 2014

“The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh” – a memoir by Indian policy analyst Sanjaya Baru released. Mr. Baru was Prime Minister Manmohan Singh’s Media Advisor from May 2004 until August 2008. Controversy surrounding the book: The book ..

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Supreme Court: CAG can audit accounts of private telecom companies

April 17, 2014

The Supreme Court bench of Justice K S Radhakrishnan and Justice Vikramjit Sen ruled that the Comptroller and Auditor General (CAG) in his capacity can inspect the accounts of private telecom companies. The court held that such an inspection was ..

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