Page-15 of Current Affairs - December, 2011
India beats Pakistan to lift Asian Kabaddi Title
Indian Kabaddi team beat Pakistan to lift its first-ever Circle Style Asian Kabaddi title at Tabriz in Iran. This was the first time that the championship was played outside India. 8 nations participated in the championship. Punjab’s Deputy Chief Minister ..
Month: Current Affairs - December, 2011
CAG appointed as External Auditor of IAEA & WIPO
The CAG of India appointed as EXTERNAL AUDITOR of two major UN organizations:- The Vienna based International Atomic Energy Agency (IAEA) The Geneva based World Intellectual Property Organisation (WIPO) This for the first time that a supreme audit institution from ..
Month: Current Affairs - December, 2011
BSE approved to launch SME Exchange
Asia’s Oldest stock exchange Bombay Stock Exchange (BSE) has got permission to set up an exchange for small and medium enterprises (SMEs) from SEBI. This approval would enhance BSE’s efforts in offering multiple asset classes to Indian investors. The consent to ..
Month: Current Affairs - December, 2011
Currency Exchange Rate Oversight Reform Act of 2011
Currency Exchange Rate Oversight Reform Act of 2011 Recently, the US Senate voted to advance a Bill pressuring China to prevent undervaluing its currency. The Senate voted in favour of the proposed Currency Exchange Rate Oversight Reform Act of 2011. ..
Month: Current Affairs - December, 2011
FIFA bans Myanmar for the 2018 World Cup Football
Myanmar banned from participating in qualifying matches for the 2018 World Cup and fined $ 28,000 by FIFA. FIFA (Fédération Internationale de Football Association) banned Myanmar due to the trouble caused by the crowd in 2014 FIFA World Cup Asian ..
Month: Current Affairs - December, 2011
China’s First Unmanned Space Laboratory “Tiangong-1”
Tiangong-1, China’s first unmanned space laboratory was successfully launched from a site in the Gobi Desert. The literal meaning of the word Tiangong is heavenly palace. With this development, China has become the 3rd country after Russia and USA to ..
Month: Current Affairs - December, 2011
European Financial Stability Facility
European Financial Stability Facility (EFSF) is a SPV (special purpose vehicle) financed by members of the Eurozone to combat the European sovereign debt crisis. It was agreed by the 27 member states of the European Union on 9 May 2010, ..
Month: Current Affairs - December, 2011
India –Indonesia: CECA negotiations Launched
India and Indonesia set up the negotiations for CECA (Comprehensive Economic Cooperation Agreement). CECA to envelop economic cooperation, trade in goods and services and investment. The trip by Union Commerce and Industry Minister Mr. A. Sharma at the Indonesia-India Biennial ..
Month: Current Affairs - December, 2011
India-Iran: Settled to set a Mechanism for Payment of Crude Oil
India and Iran settled to set up a mechanism for payment of crude oil. The mechanism covers the payment to Indian exporters and a few other domains. In the past Iran threatened to discontinue crude oil supplies to India in ..
Month: Current Affairs - December, 2011
UN resolution on Syria: India refrains whilst Russia, China veto
UNSC resolution on Syria which threatens action against Syria if it did not at once stop the lethal onslaught of anti-regime protesters – India refrained from voting. Russia and China (both permanent members of UNSC) vetoed thus annulling the draft. ..