Page-2 of Current Affairs - February, 2012

Current Affairs : February 1, 2012

Dassault Aviation bags India’s biggest ever military contract for supplying combat aircrafts to Indian Air Force French firm Dassault Aviation bagged India’s biggest-ever military contract. This contract is for supplying 126 Rafale combat aircraft for the Air Force. Dassault Aviation ..

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OLTAS System

OLTAS refers to On-line Tax Accounting System (OLTAS) for Direct Taxes. Please note that direct taxes include the Income Tax and Corporate Taxes, which are directly levied from the concerned people and organizations. Background OLTAS was introduced in April, 2004 ..

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Current Affairs : January 30-31, 2012

India’s Per Capita Income: Rs 53,331 per annum The latest Quick Estimates of National Income released by the Central Statistical Office (CSO) show that India’s per capita income grew by 15.6 per cent to Rs 53,331 per annum in 2010-11, ..

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Draft National Water Policy (2012) Released for Comments

In pursuance of the strategies identified in National Water Mission Document as well as deliberations in National Water Board, Ministry of Water Resources had initiated the process of reviewing the National Water Policy, 2002. Accordingly, the Drafting Committee on National ..

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A look into recent RBI decisions

The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the Cash Reserve Ratio (CRR) by 0.50% point to 5.5%. This decision will ..

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New rules and regulations on the anvil by UK to pick and choose immigrants

Confluent immigration and “world class” designers, performers and intellectuals are to be given personal preference under strategies developed to entice “the brightest and best” to The United kingdom while maintaining out those likely to be a problem on the condition. ..

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India ranks last (132nd) amongst the nations in terms of air quality

A study by Yale and Columbia Universities, announced that India holds the last rank amongst 132 nations in terms of air quality with regard to its effect on human health. India scored only 3.73 points on a scale of 100 ..

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International Advisory Board demands SEBI to extend mutual fund reach

The Securities and Exchange Board of India (SEBI) – appointed International Advisory Board (IAB) held that there is a requirement to broaden the reach of the mutual fund industry both horizontally and vertically. The members of the IAB, in addition ..

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