Page-2 of Current Affairs - June, 2019

India-assisted IT- Biotechnology Park inaugurated in Cote d’Ivoire

June 30, 2019

Mahatma Gandhi Information Technology and Biotechnology Park (MGIT-BP) built with India’s assistance was recently inaugurated at Grand-Bassam in Cote d’Ivoire. It was jointly inaugurated by Sailas Thangal, Ambassador of India to Cote d’Ivoire and country’s Vice President Daniel Kablan Duccan. ..

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RBI: Payments related Data to be stored only in India

June 29, 2019

Reserve Bank of India recently clarified that all Payment System Operators (PSOs) shall store entire payment data in systems located only in India. It means that the data related to payments must be stored in systems located only in India. ..

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IOA President Narinder Batra elected to IOC

June 29, 2019

Narinder Batra, President of Indian Olympic Association (IOA) was elected as a member of International Olympic Committee (IOC) in Lausanne, Switzerland. He secured 58 votes out of 62 polled. About Narinder Batra He was elected to prestigious seat during the ..

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World Bank partners with First Resilient Kerala Program

June 29, 2019

The Government of India, Government of Kerala and World Bank recently signed a Loan Agreement of $250 Million for First Resilient Kerala Program which seeks to enhance State’s resilience against impacts of natural disasters and climate change. Background The 2018 ..

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RBI permits ARC to buy financial assets from Peers

June 29, 2019

The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash. Key ..

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Indian Railways conducting trials of Tri-Netra technology

June 29, 2019

Union Minister of Railways Piyush Goyal during Question Hour informed Rajya Sabha members that Indian Railways is conducting TRI-NETRA (Terrain Imaging for Drivers Infrared, Enhanced, Optical & Radar Assisted) technology for detecting obstructions on tracks. Key Highlights Background: First in ..

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‘Go Tribal’ campaign launched

June 29, 2019

Go Tribal campaign, was launched by Union Ministry of Tribal Affairs and TRIFED (Tribal Cooperative Marketing Development Federation of India) in association with Amazon Global. Key Highlights about Campaign Objective: To create awareness and promote tribal arts and crafts as ..

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Saudi Arabia raises India’s Hajj Quota by 30,000

June 29, 2019

In a significant step, Kingdom of Saudi Arabia increased India’s Haj quota by 30,000 thus lifting the figure to 200,000 per year (from 170,000). This move will pave the way for more Indians to go for the annual Islamic pilgrimage ..

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