Page-10 of Current Affairs - February, 2013

RBI directs Co-op banks to not grant loans for gold purchase

February 15, 2013

The RBI has directed State and Central co-operative banks not to give loans for purchase of gold in any form to curb the considerable increase in its import in recent years. Currently, these banks are allowed to grant loans against ..

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Banks to start loans recovery from Kingfisher

February 15, 2013

Troubled air carrier Kingfisher Airlines is at moribund point as its key lenders have decided to recall the loans given to the company. The consortium of 17 banks led by State Bank of India (SBI) has an exposure of Rs. ..

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Fact Box: ‘Operation Three Star’

February 15, 2013

‘Operation Three Star’ was the code name of the top secret execution plan in which Parliament attack convict Afzal Guru was sent to gallows in the high-security Tihar Jail on February 9, 2013. Afzal Guru was found guilty of conspiring ..

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Pope Benedict XVI to renounce as the head of the Catholic Church

February 15, 2013

Pope Benedict XVI has announced that he would resign at the end of this month after as the head of the Catholic Church citing old age and poor health to continue. It is the first papal resignation in nearly 600 ..

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MoEF sets up committee to study legal cover for elephant habitats

February 15, 2013

A panel has been set up by the Ministry of Environment and Forests (MoEF) with the objective to review how elephant reserves and corridors across the country can get a higher level of legal protection under existing green laws.  Objective: ..

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Prime Minister of Bhutan visited India

February 15, 2013

Prime Minister of Bhutan, Lyonchhen Jigmi Y. Thinley made a home visit to India. His visit was aimed at improving India-Bhutan bilateral ties.

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Twitter starts ‘pay by tweet’ service

February 15, 2013

Twitter has launched the first ‘pay-by-tweet’ service with American Express (Amex) which will allow its cardholders to purchase products simply by sending a short message. How it will work?

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PMGSY upgraded to include left-out habitations

February 14, 2013

The Union Cabinet has given its approval to the following regarding Pradhan Mantri Gram Sadak Yojna (PMGSY): (i) Revision of the Core Network by including: 2,687 left-out unconnected habitations in Tribal (Schedule-V) areas and blocks adjoining the international border under ..

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Government considers enhancing NABARD capital base to Rs 20,000 crore

February 14, 2013

The government is cogitating to expand the capital base of India’s apex farm development bank National Bank for Agriculture and Rural Development (NABARD) to Rs 20,000 crore from existing Rs 5,000 crore. The increase in authorised capital will augment the ..

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Government lowers GDP growth estimate for 2012-13 to 5%

February 14, 2013

As per latest official estimates of Central Statistical Organization (CSO), the GDP growth of India in the current fiscal has declined to 5% which is much lower than previous estimates by the RBI, the Finance Ministry and IMF. The fall ..

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