Page-15 of Current Affairs - January, 2014

RBI chooses CCIL to issue Unique Identity Codes in Financial Transactions

The RBI has chosen the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing internationally compatible Legal Entity Identifiers (LEIs) in India. What is Legal Entity Identifier (LEI)? The LEI is a 20-character ..

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Get rid of SLR, end loan waivers: RBI committee

A high-level panel of the Reserve Bank of India (RBI) has suggested that the central bank should gradually abolish the Statutory Liquidity Ratio (SLR), the portion of deposits that banks must compulsorily keep in government securities. At present, SLR is ..

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Election Commission cancelled Google tie-up, back with NIC

The Election Commission of India (EC) has cancelled tied-up with US-based internet heavyweight, Google to assist it manage online voter registration and facilitation services ahead of the India’s General Election 2014. The decision came after when major political parties and ..

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Global Warming: Gangotri glacier is shrinking

As per report titled, ‘Estimation of retreat rate of Gangotri glacier’, the Gangotri glacier is receding like other glaciers in the Himalayas and its volume and size is shrinking between Gaumukh and Bhojbasa. The appraisal of retreat measured by using ..

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India joined 'Cryo Club' with successful launch of GSLV-D5; 6th spacefarer to develop a cryogenic engine

The Indian Space Research Organisation (ISRO) successfully launched its heavy-duty rocket Geosynchronous Satellite Launch Vehicle-D5 (GSLV-D5) from Sriharikota, Andhra Pradesh and placed communication satellite GSAT-14 into orbit.  GSAT-14 is India’s 23rd geostationary satellites built by ISRO. It has a life ..

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“Know India Programme” for NRI and PIO youth by GOI

Ministry of Overseas Indian Affairs programme named “Know India Programme (KIP)” for young Overseas Indians, with a view to provide them an exposure to the country of their origin (i.e. India) so that they can understand India better and more ..

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RBI permits firms to issue debt to non-residents as bonus

The Reserve Bank of India (RBI) has granted permission to Indian companies to issue non-convertible or redeemable preference shares or debentures to non-resident shareholders from their general reserves as bonus. This facility will also include the depositories that act as trustees ..

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Scientists spot rare Indian Pitta after 60 years

Indian Pitta, a bird endemic to the Himalayan foothills and Western Ghats, was spotted at Aravalli Biodiversity Park near Vasant Kunj in Delhi recently. As per ornithologists, Indian Pitta, a small and colourful bird which is mainly seen in closed-canopy forests, was spotted in Delhi after 60 years. Why sighting of ..

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