Page-19 of Current Affairs - December, 2012

EC ponders over to ask govt defer cash transfer scheme

December 7, 2012

As Gujarat is going to polls on December 13 and 17, Election Commission is mulling over whether the government can be asked to hold over the process of implementation of the direct cash transfer scheme as it is receiving complaints ..

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Rs. 2,490 cr: Tax-exempted income of parties in 5 years

December 7, 2012

In the last 5 years the tax-exempted income of the 10 main political parties has reached Rs. 2,490 crore. Section 13A of IT Act 1961 exempts political parties from tax on their income. However, they have to maintain a book ..

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Researcher solves Sandy Island mystery (A Phantom Island)

December 6, 2012

Phantom Islands mystery resolved. The mystery behind the missing of the Sandy Island in the South Pacific, displayed on the world maps as well as Google Earth but did not really exist, has been claimed to be solved by a ..

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India to safeguard its interest in South China Sea: Navy Chief

December 6, 2012

India indicated that it will protect its economic interest in the disputed waters of South China Sea and if the need arises India would even send its forces. China is speedily upgrading its Navy in the region. India has clearly ..

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Anna Ushenina claims world Women’s Chess Championship

December 5, 2012

Anna Ushenina of Ukraine defeated Antoaneta Stefanova of Bulgaria to claim the women’s World Championship in Chess.

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‘Spaun’ the artificial brain can pass basic IQ test

December 5, 2012

Scientists in Canada have claimed to have developed world’s most sophisticated, large-scale model simulation of human brain named ‘Spaun’ which can pass the basic elements of IQ test. SPAUN is Semantic Pointer Architecture Unified Network. Main features: Runs on supercomputer ..

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India, Pak talk towards resolution of Sir Creek Issue

December 5, 2012

India and Pakistan recently concluded a meeting with an aim to resolve Sir Creek dispute. Besides, issues on Siachen and Kashmir are other territorial troubles b/w the two nations were also discussed. Image Source: http://news.bbc.co.uk Both countries agreed on certain ..

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Corporate frauds on rise in India- Survey

December 5, 2012

As per the findings of India Fraud Survey Report 2012 published by KPMG, around 75% surveyed corporate in India believed that the incidences of fraud were increasing. As per the report: Decline of ethical values, weaker internal control system, reluctant ..

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United Nations not to control Internet Freedom

December 5, 2012

World Conference on International Telecommunications (WCIT) in Dubai, United Arab Emirates, from December 3-14, 2012.  UN telecommunications body has clarified that the freedom of the  Internet will not be controlled. It was declared in the World Conference on International Telecommunications ..

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Criminal proceedings in case of Cheque signature mismatch: SC

December 5, 2012

As per the Supreme Court’s recent ruling, a person may be liable to criminal proceedings if a cheque issued by him gets dishonored mismatch with the specimen signature available with the bank.

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