Page-5 of Current Affairs - January, 2017
Union Cabinet approves Indian Institute of Management Bill, 2017
The Union Cabinet has approved the Indian Institute of Management (IIM) Bill, 2017, under which the IIMs will be declared as Institutions of National Importance. It will also enable IIMs to grant degrees rather than diplomas to their students. At ..
Month: Current Affairs - January, 2017
Cabinet approves New Scheme for promotion of Rural Housing
The Union Cabinet has approved a new scheme for promotion of Rural Housing in the country. It will enable people in rural areas to construct new houses or add to their existing pucca houses to improve dwelling units. Under it, ..
Month: Current Affairs - January, 2017
Cabinet clears interest waiver for farm loans
The Union Cabinet has given its ex-post facto approval for an interest waiver of farmers accessing short-term crop loans from cooperative banks for the two months of November and December, 2016 The decision also provides for interest subvention to National ..
Month: Current Affairs - January, 2017
Pakistan conducts first flight test of Ababeel missile with MIRV technology
Pakistan successfully conducted the first flight test of Ababeel surface-to-surface medium range ballistic missile. The test flight was aimed at validating various design and technical parameters of missile’s weapon system. It is claimed that Ababeel missile has the capability to ..
Month: Current Affairs - January, 2017
US President Donald Trump signs executive order to pull US out of TPP
US President Donald Trump signed an executive order to formally pull US out of the negotiating process of the Trans-Pacific Partnership (TPP), a mega trade deal of 12 Pacific Rim countries. TPP was one of the major international trade initiatives ..
Month: Current Affairs - January, 2017
India rejects attempts of EU, Canada for global investment agreement
India, along with Brazil, Argentina and some other nations rejected an informal attempt of European Union (EU) and Canada to work towards a global investment agreement at World Trade Organisation (WTO)-level. The EU and Canada proposed agreement incorporates a contentious ..
Month: Current Affairs - January, 2017
N K Singh panel submits report on changes in FRBM Act
The Fiscal Responsibility and Budget Management (FRBM) Committee has submitted its 4 volume report on changes in FRBM Act, 2013 to the Union Finance Minister Arun Jaitley. The 5 member committee was headed by N.K. Singh, former Revenue and Expenditure ..
Month: Current Affairs - January, 2017
Browned toast and potatoes are 'potential cancer risk: Scientists
According to scientists from Food Standards Agency (FSA) of United Kingdom, chips, potatoes and bread cooked to brown can cause cancer. According to FSA when the starchy foods are roasted, grilled or fried for too long at high temperatures (above ..