Page-2 of Current Affairs - December, 2011

India-Pakistan: Implications of MFN Status

According to WTO, MFN status means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners — whether rich or ..

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Statue of Liberty completes 125 yrs

The Statue of Liberty is located on the Liberty Island in New York Harbor. It was dedicated on October 28, 1886 and recently it completed 125 years of dedication. The statue was designed by Frédéric Bartholdi and was gifted to ..

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Russia: Putin for expansion of SCO membership

Russian Prime Minister Vladimir Putin told the SCO s Council of Ministers summit in St Petersburg that Russia favoured the expansion of the membership of the Shanghai Cooperation Organisation (SCO). Enlargement will add to the SCO s capabilities, authority and ..

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Validity of cheques, drafts cut to 3 months

From April 1, 2012, the cheques and bank drafts will have a life of just three months instead of the earlier six months. RBI has recently issues a notification that these instruments will have to be presented within three months ..

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Rs 373 crore to be spent till 2014 under National Saffron Mission

Saffron has been cultivated for thousands of years to be used in medicines, perfumes, dyes and as a wonderful flavoring agent for foods and beverages. Kashmir saffron is a high value, low volume crop and the quality of saffron is ..

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Cabinet clears amendments to the Prasar Bharati Bill

Union Cabinet has cleared the proposal to make some official amendments to the Prasar Bharati (Broadcasting Corporation of India) Amendment Bill, 2010 pending in Rajya Sabha in Parliament. One of the amendments is to Section 11(2) of the Act to ..

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Railways reduces ‘Tatkal’ reservation period to 1 day to check misuse

Measures taken by the Railways to prevent the misuse of Tatkal travel scheme by agents/unscrupulous elements during opening hours of the reservation counters. The Advance Reservation Period (ARP) of Tatkal scheme is reduced from two days to one day excluding ..

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Sudarshan Shakti

Recently, the Indian Armed Forces (Army and Air Force) is testing its war-fighting doctrine in the Barmer-Jaisalmer sector, in biggest ever war game. The frontline IAF fighter aircraft such as the Sukhoi-30, AWACS and UAVs provided live feed of war ..

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