Page-13 of Current Affairs - July, 2013

Rs 25,000 crore window opened by RBI to help Mutual Fund industry

A special borrowing window of Rs 25,000 crore was opened by the RBI to help mutual funds industry over liquidity problems. The crisis occurred due to different merger schemes in the industry and profit booking. This facility will be made available ..

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Midday Meal to be monitored by a Committee formed by HRD Ministry

A committee has been set up by the centre to review the accomplishment of its flagship midday meal scheme and supervise better quality of food served, effectiveness of the supply chain and guaranteed hygienic standards. A programme headed by HRD ..

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“Helicopter Shot” discoverer Santosh Lal, a friend of M.S.Dhoni dies

Mahendra Singh Dhoni’s childhood friend Santosh Lal , a first-class cricketer who invented  helicopter shot passed away. What is the “Helicopter Shot”? It is an unorthodox cricket shot played by a batsman. The shot was popularized by Indian skipper M.S. ..

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NSE embarks to top slot as largest bourse globally for equity trades

As per World Federation of Exchanges (WFE) the National Stock Exchange (NSE) has again embarked its position as the world’s largest bourse in terms of volumes in equity trades. Even after a fall of 9.7% in its equity trades last month ..

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RBI calibrates MSF to ease rupee volatility

In the wake of continuing depreciation of rupee disturbing the monetary and fiscal calculations, the Reserve Bank of India (RBI), fine-tuned the Marginal Standing Facility (MSF) rate to 10.5% from previous 8.25%. This will be 300 basis points above the ..

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RBI penalizes 22 banks for violating KYC norms

The Reserve Bank of India (RBI) has fined 22 banks by imposing penalty for violating Know-Your-Customer (KYC) norms and anti-money laundering guidelines. The banks who have been fined include SBI, Bank of Baroda, Canara Bank and some other banks all ..

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Scientist engineer “Functional” blood vessels in mice made from stem cells

Scientists from Massachusetts General Hospital, Boston, and Harvard Stem Institute, Harvard University have been able to engineer “stable and functional” blood vessels in mice using induced Pluripotent Stem (iPS) cells taken from skin of healthy people and those with Type I diabetes. ..

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British Government decorates Krishna Menon’s London home with blue plaque

In commemoration to V.K. Krishna Menon’s long and eventful association with London, the British government has decided to put up an English Heritage blue plaque at the house where he lived when he first moved to the city. Mahatma Gandhi, ..

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