Page-2 of Current Affairs - January, 2017

IndiaPost gets payments bank licence from RBI

IndiaPost under Department of Posts (Union Ministry of Communications and Information Technology) received final payments bank licence from the Reserve Bank of India (RBI). With this, India Post became the third entity after Bharti Airtel and Paytm to receive final ..

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Government launches Sparsh Leprosy Awareness Campaign

The Union Government has launched nationwide “Sparsh Leprosy Awareness Campaign (SLAC)” on the occasion of Anti-Leprosy Day (observed on the last Sunday of January). The day is observed every year on January 30 in the memory of Mahatma Gandhi who ..

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GAAR will be effective from April 1, 2017

The Union Finance Ministry has announced that the General Anti Avoidance Rule (GAAR) will be effective from the 1 April, 2017. In this regard Income Tax (IT) department has issued a slew of clarifications on implementation of GAAR, seeking to ..

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Indian Navy’s Theatre Level Exercise TROPEX 17

The Indian Navy’s Annual Theatre Readiness Operational Exercise (TROPEX) 2017 is being conducted off the Western Seaboard. The month long exercise will see participation of ships and aircraft of both the Western and Eastern Naval Command and also assets from ..

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Dr Vijay Bhatkar appointed new vice-chancellor of Nalanda University

President Pranab Mukherjee has appointed Dr Vijay Bhatkar, architect of India’s first supercomputer the Param series, as the chancellor of Nalanda University. He will have term of three years from the date of his appointment as provided under Section 11(3) ..

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ISRO Successfully tests Cryogenic Engine for Upper Stage of GSLV Mk III

The Indian Space Research Organisation (ISRO) successfully tested indigenously developed cryogenic engine for the upper stage ‘GSLV Mk III’ rocket.  The cryogenic upper stage, designated as C25, was tested for 50 seconds at ISRO Propulsion Complex (IPRC) at Mahendragiri in ..

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Sports Ministry reconstitutes committee to identify athletes under TOP Scheme

The Union Ministry of Youth Affairs and Sports has reconstituted TOP committee with objective of identifying and supporting potential medal prospects for 2020 and 2024 Olympic Games under Target Olympic Podium (TOP) scheme. The committee will be headed by Abhinav ..

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President appoints Banwarilal Purohit as Governor of Meghalaya

President Pranab Mukherjee has given Governor of Assam Banwarilal Purohit additional charge of Meghalaya.  Besides, President also gave Governor of Nagaland PB Acharya additional charge of Arunachal Pradesh. These appointments come after President accepted the resignation of V. Shanmuganathan, as ..

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Scientists creates world’s first stable semi-synthetic organism

Researchers from The Scripps Research Institute (TSRI), US have created world’s first stable semi-synthetic organism, a single-celled bacterium with an expanded genetic code The semi-synthetic organism is the modified E.coli bacteria created by introducing DNA molecules that are not found ..

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RBI prohibits investments in non-cooperative countries and territories

The Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located in Non-Cooperative Countries and Territories (NCCT) as identified by Financial Action Task Force (FATF). The prohibition is for aligning instructions under FEMA ..

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