Page-19 of Current Affairs - August, 2016

RBI launches portal to curb illegal money

August 5, 2016

The Reserve Bank of India (RBI) has launched a website (sachet.rbi.org.in) to curb illegal and unauthorised pooling of funds by unscrupulous firms. The website was launched by RBI Governor Raghuram Rajan in Mumbai, Maharashtra. It will help people obtain information ..

Month: 

Nita Ambani becomes first Indian woman member of IOC

August 5, 2016

Noted sports promoter and founder chairperson of Reliance Foundation, Nita Ambani was elected as an individual member of International Olympic Committee (IOC). With this, she becomes the first Indian woman to join the prestigious body which governs Olympic sports in ..

Month: 

Gujarat HC quashes 10% quota for economically backward classes

August 5, 2016

The Gujarat high court has quashed 10 percent reservation quota for the economically backward classes (EBCs). In this regard, the Court has declared The Gujarat Unreserved Economically Weaker Sections (Reservation of Seats in Educational Institutions in the State and of ..

Month: 

Pakistan based Jamaat-ur-Ahrar designated a ‘terror group’

August 5, 2016

The United States declared Pakistan based Jamaat-ur-Ahrar (JuA) as a ‘terror group’ by adding it to its list of global terrorists. This declaration triggers sanctions against the terrorist faction that has staged multiple attacks on civilians, religious minorities and soldiers. ..

Month: 

LG is the administrative head of National Capital Territory: Delhi High Court

August 5, 2016

The Delhi High Court has ruled that the National Capital Territory (NCT) of Delhi continues to be a Union Territory (UT) under the administrative control of the Lt Governor (LG). Ruling in this regard was given HC bench of Chief ..

Month: 

BSE inks cyber security MoU with IIT Kanpur

August 4, 2016

The Bombay Stock Exchange (BSE) has signed cyber security MoU (memorandum of understanding) with the Indian Institute of Technology (IIT) Kanpur. IIT Kanpur will assist BSE in testing its vulnerabilities in Information Technology (IT) system and network and help forming ..

Month: 

Rajya Sabha passes The Constitution (122nd Amendment) (GST) Bill, 2014

August 4, 2016

The Rajya Sabha has unanimously passed The Constitution (122nd Amendment) (GST) Bill, 2014 to introduce the goods and services tax (GST). With this passage of bill, India took giant step in structural indirect taxation reform and paved way for the ..

Month: 

Shubha Mudgal selected for Rajiv Gandhi National Sadbhavana Award

August 4, 2016

Singer Shubha Mudgal has been selected for the prestigious the 23rd Rajiv Gandhi National Sadbhavana Award 2016. She will be bestowed with this award for her outstanding contribution towards the promotion of communal harmony, peace and goodwill. About Shubha Mudgal ..

Month: 

eSignDesk: Aadhar-linked eSignature facility launched

August 4, 2016

Aadhar-linked eSignature facility dubbed as eSignDesk was launched by LegalDesk, a Bengaluru based start-up in the online legal documentation business. eSignDesk based on Aadhaar platform it is actually an initiative of the Union Government aimed at allowing all citizens (with ..

Month: 

Union Cabinet approves Motor Vehicle (Amendment) Bill, 2016

August 4, 2016

The Union Cabinet has approved the Motor Vehicle (Amendment) Bill, 2016 to improve road safety scenario in the country. The bill seeks to amend Motor Vehicles Act (MVA), 1988 and proposes to hefty penalties against violations of road safety rules ..

Month: