Page-11 of Current Affairs - May, 2014

Govt should reduce its shareholding in PSBs to below 50%: RBI Committee

May 16, 2014

An RBI committee headed by former chairman of Axis Bank PJ Nayak has said in its report that the government should bring down its stake in Public Sector Banks (PSBs) to below 50%. Key Suggestions proposed by the RBI Panel:-  1) On existing ..

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Lt Gen Dalbir Singh Suhag appointed as new Army chief

May 16, 2014

​The government appointed Lt Gen Dalbir Singh Suhag as the next Chief of the Indian Army. The Union Cabinet cleared the name of Vice Army Chief Lieutenant General Dalbir Singh Suhag as the successor to Gen Bikram Singh, who will ..

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To know about the candidates contesting elections is a fundamental right of citizens under Article 19(1)(a): Supreme Court

May 16, 2014

The apex court held that it is mandatory for the candidates contesting elections to disclose information about assets and liabilities of even their spouse and dependent children failing which they can be disqualified. A person fighting elections is also under legal ..

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Google rankings can influence Elections: Study

May 16, 2014

As per a new study conducted in India during the just concluded Lok Sabha Elections 2014, Google rankings can dramatically swing ill-informed voters leading to influence the election outcome. The study done by Robert Epstein, a former editor of Psychology ..

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By 2025, India to replace Japan as third-largest oil consumer: US

May 16, 2014

According to the US Energy Information Administration (EIA),​India will overtake Japan to become the world’s third largest oil consumer behind the US and China by 2025. As per EIA’s Annual Energy Outlook:  India’s oil consumption will increase from 3.68 million ..

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Gmail’s Android version becomes first single app to pass 1 billion installations

May 15, 2014

Google’s Android version of Gmail app has become the first individual smartphone app to pass one billion installations on Android devices. The rankings were done by Google Play Store which ranks apps by downloads in different ranges and the Gmail Android app figured into the ..

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Shrinking ice moving the Earth's crust upwards in the Northern Antarctic Peninsula

May 14, 2014

As per scientists, earth’s mantle under Antarctica is moving rapidly, changing the shape of the land at a rate that can be recorded by GPS. Researchers have explained for the first time why the upward motion of Earth’s crust in the ..

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RBI permits foreign branches of banks to sell derivatives not allowed in India

May 14, 2014

Foreign branches and overseas subsidiaries of Indian banks have been allowed by the RBI to sell structured financial and derivative products in established financial centres even if these products are not permitted in India. However, these products like Exchange Traded ..

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Effectiveness of Medication is Gene-dependent: Research; that's why a particular drug is effective for certain people but not for others.

May 14, 2014

A new research attempts to answer why a particular drug is effective for certain people but not for others. The research team has found that genes play a significant role. Scientists have generated a database associating 145 genetic regions with ..

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"Exit polls" and "Post-Poll Survey": Are both same?

May 14, 2014

Although both the two terms “Exit polls” and “Post-Poll Survey” are used in the same context i.e. prediction of elections, there is a technical difference between the two. Exit polls are done outside the polling stations immediately after voters exit ..

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