Page-23 of Current Affairs - August, 2016
Union Government fixes an inflation target of 4 percent for five years
The Union Government has set an inflation target of four per cent for the next five years i.e. till March 31, 2021. In this regard, Union Government will soon set-up Monetary Policy Committee (MPC) to adhere to the target till ..
Month: Current Affairs - August, 2016
Rio Olympics 2016 opens with a glittering ceremony in Rio De Janerio
The 31st edition of Summer Olympic Games opened in the Brazilian city of Rio de Janeiro. It was declared open by Acting Brazilian President Michel Temer at the Maracana Stadium. The theme of the 31st edition of Summer Olympic Games ..
Month: Current Affairs - August, 2016
Renowned Assamese writer Mahim Bora passes away
Eminent Assamese litterateur Mahim Bora died due to old age problems in Guwahati, Assam. He was 92. He was a prolific short story writer and a poet. He had received the Sahitya Akademi award for his most popular work Edhani ..
Month: Current Affairs - August, 2016
Takehiko Nakao re-elected as President of Asian Development Bank
Takehiko Nakao has been re-elected for a 2nd term as the President of the Asian Development Bank (ADB), which is beginning from November 2016. He was unanimously elected by the ADB’s Governors. He is the ninth president of ADB and ..
Month: Current Affairs - August, 2016
RBI launches portal to curb illegal money
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: Current Affairs - August, 2016
Nita Ambani becomes first Indian woman member of IOC
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: Current Affairs - August, 2016
Gujarat HC quashes 10% quota for economically backward classes
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: Current Affairs - August, 2016
Pakistan based Jamaat-ur-Ahrar designated a ‘terror group’
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. ..