Page-7 of Current Affairs - August, 2015

Bandhan, first micro finance company to start operation as a commercial bank

Bandhan Bank has become the first micro-finance company in India to start operation as full-fledged scheduled commercial bank. The bank was inaugurated by Union Finance Minister Arun Jaitley in Kolkata, ushering in a new era in country’s banking sector to ..

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Usain Bolt wins world 100m title at World Athletics Championships

Jamaican athlete Usain Bolt has won world 100 metre title in the World Athletics Championships held in Beijing, China. With this victory he retained his 100 metre title which was won earlier in 2009. In the blue riband event, Bolt ..

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Former Australian Cricketer Arthur Morris passes away

Former Australian Cricketer Arthur Morris passed away. He was aged 93. He was an opener and is regarded as one of Australia’s greatest left-handed batsmen. Morris is best known as member of Don Bradman’s 1948 ‘Invincibles’ team which made an ..

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R Gandhi committee of RBI recommends conversion of UCBs into regular banks

A Reserve Bank of India (RBI) committee has recommended conversion of Urban Cooperative Banks (UCBs) with business size of 20,000 crore rupees or more into regular banks. This recommendation was given by the High Powered Committee on UCBs headed by ..

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A P Shah Committee recommends MAT relief to FIIs

Union Finance Ministry appointed committee chaired by retired SC judge A P Shah has recommended that Minimum Alternate Tax (MAT) should not be imposed on FIIs retrospectively for the period preceding 1st April 2015 This recommendation is considered as a ..

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Golfer Aditi Ashok first Indian to win Ladies British amateur stroke-play Championship

Ace Indian golfer Aditi Ashok won the prestigious Ladies British amateur stroke-play Championship 2015 at Leeds, United Kingdom. With this victory she became first woman and youngest player from India to win this Championship. In her wining game, Aditi shot ..

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US scientists grow replica of human brain in a laboratory

Scientists from United States (US) have successfully grown a replica of a human brain in a laboratory dish. This medical breakthrough research was undertaken team of researchers from Ohio State University led by Professor Rene Anand. Key facts The brain ..

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Gujarat HC stays implementation of compulsory voting Act in local polls

Gujarat High Court has stayed implementation of the compulsory voting in the panchayat and municipal polls under the provision of Gujarat Local Authorities Laws (Amendment) Act, 2009. Ruling in this regard was given by High Court Bench comprising Acting Chief ..

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