Page-10 of Current Affairs - May, 2014

Naveen Patnaik takes oath as fourth time CM in Odisha

May 23, 2014

Naveen Patnaik was sworn-in as Chief Minister of Odisha for the fourth term in a row. Mr. Patnaik was administered the oath of office and secrecy by Governor S.C. Jamir. It was in 2005 when Mr. Patnaik, head of Biju Janata ..

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Pawan Chamling takes oath as Sikkim CM for fifth consecutive term

May 23, 2014

Sikkim’s Governor Shriniwas Patil administered the oath of office and secrecy to Pawan Chamling as Sikkim Chief Minister for the record fifth term in a row. In the recently concluded assembly polls, the Chamling-led Sikkim Democratic Front (SDF) had won ..

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Members of Planning Commission resign

May 23, 2014

Following the standard practice, all members of the Planning Commission (PC) including Deputy Chairman Montek Singh Ahluwalia and all the other members of the Commission submitted their resignations to the Prime Minister’s Office to enable its reconstitution. Dr. Ahluwalia and ..

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Anandiben Patel: First woman CM of Gujarat

May 22, 2014

Anandiben Patel (73) will succeed PM-designate Narendra Modi as the Chief Minister of Gujarat. Prior to her election as CM, she was state’s revenue minister.  Modi was the longest-serving chief minister of the state.  Anandiben Patel is the first woman chief minister ..

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All banks need to install ‘talking ATMs” from July 1, 2014: RBI

May 22, 2014

As per the directions of the Reserve Bank of India (RBI), all banks will be required to make all new ATMs installed from July 1, 2014 as “talking ATMs” with Braille keypads. As per RBI’s guidelines to all banks: All new ATM’s installed ..

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Flipkart acquires Myntra

May 22, 2014

India’s largest online retailer, Flipkart.com, acquired fashion e-retailer Myntra.com. While the exact size of the deal could not be ascertained, some reports estimate it to be of Rs 1,800-2,000 crore The deal is expected to consolidate Rs 62,000-crore e-commerce market ..

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RBI permits banks to provide loans to exporters for up to 10 years

May 21, 2014

Banks have been allowed by the RBI to give loans with tenures of up to 10 years to exporters to help them ensure capital flows to fulfil long-term contracts. As per current rules, banks are allowed to provide loans for ..

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Jitan Ram Manjhi sworn-in as Bihar Chief Minister

May 21, 2014

Jitan Ram Manjhi is the new Chief Minister of Bihar. He was administered oath of office and secrecy by Governor D.Y. Patil at a ceremony at the Raj Bhavan in Patna. The 15 members of the previous Nitish Kumar government ..

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