Page-9 of Current Affairs - August, 2012

Army’s SFC successfully executes Agni-II launch mission

Agni-II launch was successfully executed by Army’s Strategic Forces Command (SFC). The Missile after its launch from the Wheeler Island travelled more than 2,000 km in 700 seconds and hit the target are in Bay of Bengal accurately. It is ..

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Planning Commission approves privatization of water distribution in Delhi

The Planning Commission approved the Delhi Government’s move to engage with private entities in supply of water in several areas of the city similar to power sector. The private entities would rationalize the water distribution network and ensure consumers 24×7 ..

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CBSE to collaborate with Pearson

The CBSE has signed private foreign education company-Pearson to form a Centre for Assessment, Evaluation and Research to: Examine CBSE’s examination system Perform research on implementation of its schemes Develop research resources to aid teachers Objective: To build up research ..

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Parliamentary Panel suggests to ban GM food crops

A Parliamentary Panel asked the government to put a halt on all field trials and demanded bar on Genetically Modified (GM) food crops. The committee sought probe into how permission was given to commercialize Bt. Brinjal seed when all evaluation ..

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Scientist identify a new oxidant “X”

A new oxidant “X” has been identified which plays a significant role in the formation of gaseous Sulphuric acid in the atmosphere. Until now, it was thought that the combination of OH (hydroxyl radical) oxidant with sulphur dioxide (SO{-2}) was ..

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“Risk Index” to facilitate banks in extending loans soon: CIBIL

Credit Information Bureau (India) Ltd (CIBIL) is likely to bring in a “Risk Index” that will assist country’s banks in making faster decisions on extending loans to corporates and business houses. Banks would be able to gauge the potential of ..

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Rs. 14,000 crore : 2G spectrum auction base price

For the auctioning of 122 license which were cancelled by the apex court, the central govt has fixed the base price of Rs. 14,000 crore for 5 MHz of pan-India 2G spectrum in the 1800-MHz GSM. The reserve price for ..

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20 % penalty for foreign military vendors not meeting offset obligations

The Ministry of Defence announced a penalty of 20 % to be imposed on foreign military vendors who are ubable to fulfill offsets obligation within the prescribed time frame as part of the Defence Procurement Procedure. · No cap on ..

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