Page-12 of Current Affairs - February, 2014

RBI imposed restrictions on intra-group investment by banks

February 16, 2014

In a bid to mitigate the financial risk from concentration of business, the Reserve Bank of India (RBI) imposed curbs on banks investing in their group companies.  Objective of ITEs measures: To ensure that banks maintain arm’s length relationship in ..

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Mukul Mudgal Committee report on IPL spot fixing scandal

February 16, 2014

The Justice Mukul Mudgal Committee submitted its report to the Supreme Court after investigating allegations of spot-fixing and betting in the Indian Premier League (IPL). As per the Mukul Mugdal Committee report The allegations of betting and passing of information ..

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Mr. Jatinder Bir Singh: Appointed as a new CMD of Punjab and Sind Bank

February 16, 2014

Mr. Jatinder Bir Singh appointed new Chairman and Managing Director of Punjab and Sind Bank (PSB). He succeeded Mr. D.P. Singh. Previously, Mr. Singh was an Additional Secretary in the Ministry of Water Resources. He is 1983-batch IAS officer of Assam-Meghalaya ..

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Central Government: All public transport vehicles must have GPS by Feb 20, 2014

February 16, 2014

The Union Ministry of Road Transport and Highways set a deadline for public transport vehicles running in major cities with a population of over 10 lakh to install GPS devices by February 20, 2014. The Union government has directed all ..

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Sikkim: India’s first state to achieve 100% sanitation coverage

February 16, 2014

As per the report released by the Union Ministry of Drinking water and Sanitation, Sikkim became the only state in India to achieve 100% sanitation in rural and urban households, schools, sanitary complexes and Aanganwadi centres. Under the Nirmal Bharat ..

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“Two additional attempts” for all categories of candidates in UPSC's Civil Services Exams

February 16, 2014

The Union Government has decided to give an additional 2 attempts along-with a consequential age relaxation to all categories of candidates for the Civil Services Exam conducted by Union Public Service Commission (UPSC). The Ministry of Personnel in its order ..

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“Moto G”: Launched by Motorola in India through Flipkart

February 16, 2014

The US-based firm, Motorola launched its much-awaited budget phone Moto G in India through Flipkart. The Moto G’s 16GB version, priced at Rs 13,999 and 8 GB version priced at Rs. 12,499. The smartphone has a 1.2 GHz quad-core Qualcomm ..

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RBI allowed FIIs to purchase 30% shares in Dabur

February 16, 2014

The Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FIIs) to purchase shares in Dabur India up to 30% of the firm’s paid up capital. FIIs have been allowed to buy more shares in Dabur India as the company ..

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