Page-14 of Current Affairs - August, 2018
Insurers to cover mental illness under medical insurance policy: IRDAI
Insurance Regulatory and Development Authority (IRDAI) has asked insurers to cover mental illness under medical insurance policy from immediate effect, treating it at par with physical illness. At present, insurers exclude mental illness from ambit of medical insurance policies. Key ..
Month: Current Affairs - August, 2018
Only 23% of rural income from farming: NABARD 2016-17 survey
According to National Bank for Agriculture & Rural Development’s (NABARD) All India Rural Financial Inclusion Survey 2016-17, agriculture (farming) generates only 23% of rural income i.e. not even quarter of rural household incomes in India. Even for so-called agricultural households, ..
Month: Current Affairs - August, 2018
Home Ministry to relax terms in agreement signed on repatriation of Bru persons to Mizoram
Union Home Ministry has agreed to relax conditions laid down in ‘four-corner agreement’ signed with Bru migrants for their repatriation from Tripura to Mizoram. The agreement was signed between Government of India, Governments of Mizoram and Tripura and Mizoram Bru ..
Month: Current Affairs - August, 2018
Government bans pet coke import for fuel use
Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has banned import of petcoke for use as fuel. But it has allowed its import of only for use as feedstock in some select industries such as cement, lime kiln, ..
Month: Current Affairs - August, 2018
FSSAI constitutes B Sesikeran committee to review food labelling standards
Food Safety and Standards Authority of India (FSSAI) has constituted three-member committee to look into draft food labelling and display regulations-Food Safety and Standards (Labelling and Display) Regulations 2018. The committee will be headed by B Sesikeran, former director of ..
Month: Current Affairs - August, 2018
Public sector banks to come out of PCA framework by end of 2018: Government
Union Government is expecting that public sector banks (PSBs) placed under RBI’s Prompt Corrective Action (PCA) framework will come out of it by the end of this year. As many as 11 out of 21 state-owned banks are currently under ..
Month: Current Affairs - August, 2018
Investment in P-notes hits 9-year low at Rs 80,341 crore
Investments through participatory notes (P-notes) into Indian capital markets- equity, debt, and derivatives have plunged to over nine-year low of Rs 80,341 crore till July 2018-end. This is the lowest level since April 2009 when the cumulative value of such ..
Month: Current Affairs - August, 2018
Barak 8 missile defence system: Israeli Navy to procure Indo-Israel made missile
Israeli Navy has announced to procure multi-purpose Barak 8 missile defence system, jointly developed by India and Israel. It will be used by Israeli Navy’s Sa’ar-6 corvettes to expand its operational capabilities of Israeli navy, including defence of Israel’s territorial ..