Page-18 of Current Affairs - December, 2013

India Post offers Express Parcel and Business Parcel services

December 5, 2013

India’s Department of Post (DoP) has launched two new parcel services namely ‘Express Parcel’ and ‘Business Parcel’. India Post aims to generate revenue of Rs 100 crore from these services. Express Parcel: It is an air mail service for retail ..

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India successfully test-fired nuke-capable Prithvi II missile

December 5, 2013

India’s Strategic Forces Command (SFC) successfully test-fired nuclear capable Prithvi II missile as part of a regular training exercise. The indigenously developed ballistic missile with a maximum range of 350 km was fired from Integrated Test Range at Chandipur in ..

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India at 94th spot on Corruption Perception Index: Transparency International

December 5, 2013

According to a survey by corruption watchdog Transparency International, India is positioned at 94th place on corruption index which ranked 177 countries. Afghanistan, North Korea and Somalia are viewed as the world’s most corrupt countries while Denmark and New Zealand ..

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RBI makes punching PIN mandatory for debit card transactions done every time

December 2, 2013

With an aim to minimize frauds, RBI has made it mandatory for debit card holders to punch in their PIN numbers every time they use the card. In June 2013, the central bank had extended the deadline for implementation of ..

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RBI permits banks to pay interest at shorter intervals

December 2, 2013

RBI has decided allow banks decide on the periodicity of interest payment on rupee savings and term deposits keeping in view that the banks are functioning on core banking platform. Banks are now allowed to pay interest on rupee savings ..

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Chang’e-3: China’s lunar probe carrying 'Jade Rabbit' moon buggy lifts off

December 2, 2013

In an attempt to carry out its first ever ‘soft landing’ on moon, China launched its lunar mission-Chang’e-3 which is carrying country’s first moon rover marking a major milestone for China’s space programme. Soft Landing: A landing by a spacecraft on ..

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India among countries exempted from Iranian oil sanctions by the US

December 2, 2013

As stated by the U.S. Secretary of State John Kerry, India is once again among a small list of countries that qualifies for an exemption from unilateral sanctions imposed by the US on countries importing oil from Iran. Under Section ..

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MOM enters Mars trajectory: ISRO

December 2, 2013

In a historic development, India’s first Mars mission- the Mars Orbiter Mission’s (MOM) spacecraft’s was propelled into the Mars Transfer Trajectory freeing it from the influence of Earth’s gravity. ISRO successfully conducted the Trans Mars Injection (TMI) operations to put MOM ..

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