Page-18 of Current Affairs - May, 2013

Japan's Mount Fuji set to be listed in Unesco World heritage sites

May 3, 2013

The United Nations Educational Scientific and Cultural Organization (UNESCO) is set to categorize Japanese volcano of Mount Fuji as a World Heritage site. International Council on Monuments and Sites (Icomos) had approved Mt Fuji as appropriate for registration Key Features ..

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BSE, S&P Dow Jones Indices launch S&P BSE 500 Islamic / Shariah index

May 3, 2013

An Islamic equity index was launched by BSE and S&P Dow Jones Indices – S&P BSE 500 Shariah index.  It comprises all Shariah compliant stocks of the broad based S&P BSE 500 index. The S&P BSE 500 consists of 500 ..

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Abdul Hamid is the new Bangladesh President

May 3, 2013

Abdul Hamid was sworn in as 17th Bangladesh President replacing Zillur Rahman, who died last month.  Abdul Hamid was previously the parilamentary speaker of Bangladesh Assembly. Historical background Parliament speaker and acting President since March 14 when Mr. Rahman went for ..

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IMF warns Asia of "Middle Income Trap" and asset bubble

May 2, 2013

The International Monetary Fund (IMF) has indicated that a number of Asian countries are potentially susceptible to the “middle-income trap” and asset bubble Asian emerging economies need to guard against asset bubbles and they must improve government institutions and liberalize rigid ..

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Bombay HC directs Maharashtra govt to release water into Jayakwadi dam

May 2, 2013

Bombay High Court has ordered the Maharashtra government to release water from upstream reservoirs into the Jayakwadi dam in the region. Jayakwadi dam The Jaikawadi project is a large irrigation and multipurpose project. Its water is used primarily to irrigate agricultural land in the ..

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Turkey chooses Asia, joins Shanghai Cooperation Organisation

May 2, 2013

Turkey, which is a NATO member, has joined the Russia and China led Shanghai Cooperation Organization (SCO). It has joined the SCO security bloc as a “dialogue partner” and declared that its destiny is in Asia. Why this shift? Turkey, which has ..

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S. Korea rebuilds Namdaemun: National Treasure Number One

May 2, 2013

South Korea has unveiled its cultural gem ‘Namdaemun’ gate after completing works of its restoration. Namdaemun which is also known as country’s National Treasure Number One, was destroyed to ashes in 2008 in an arson attack. What is the importance ..

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Situation in Northern Mali still unstable

May 2, 2013

Situation is still unstable in Northern Mali which is grappling with the problem of jihadist attacks and al-Qaeda terrorism. What is happening in Mali? ·          Mali gained independence in 1960 as Mali Federation. Soon Senegal withdrew from federation, Mali became Republic ..

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