Page-11 of Current Affairs - May, 2014

Modi is not the first instance when CM becomes PM

May 21, 2014

Prime Minister-to-be Narendra Modi is not the first Chief Minister to ascend to the seat of the head of Government of India. The distinction goes to former Karnataka CM H.D. Deve Gowda, who, moved to the post of Prime Minister ..

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Pension Payment Order (PPO) to be given soon after retirement to Central Govt employees

May 21, 2014

The Centre has decided to give Pension Payment Order (PPO) to all central government employees at the time of retirement along with their other dues. This step has been taken to check the delay in disbursal of pension. Currently, the scheme ..

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RBI to start managing Telangana's public debt from June 2, 2014

May 21, 2014

The Reserve Bank of India (RBI) and the newly created state Telangana have inked a pact according to which the RBI shall carry on the general banking business of the Government of Telangana, manage its rupee public debt and act ..

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Researchers unravel why olive oil reduces blood pressure

May 21, 2014

Scientists have discovered why olive oil reduces blood pressure. As per a new research, consuming unsaturated fats, like those in olive oil, along with leafy greens and other vegetables forms a certain kind of fatty acid that lowers blood pressure. These ..

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Swiss electors disapprove world's highest minimum wage, thwart new fighter jets buying plans

May 21, 2014

The voters in Switzerland turned down the proposals to introduce the world’s highest minimum wage and also blocked spending of $3.5 billion for buying new Gripen fighter jets from Saab. Saab Group (originally Svenska Aeroplan AB, later SAAB) is a Swedish aerospace ..

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Chibok Kidnapping of Schoolgirls: Nigeria’s President calls off town visit

May 20, 2014

Nigeria’s President Goodluck Jonathan has cancelled a visit to Chibok, the town from where more than 200 schoolgirls have been abducted by militant Islamist group Boko Haram. Jonathan has been criticised for not visiting the town – more than a ..

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Adani Ports buys Dhamra Port of Odisha

May 20, 2014

Adani Ports and Special Economic Zone acquired the strategic Dhamra port in Odisha on the east coast of India for an enterprise value of Rs 5, 500 crore. The company inked a definitive pact to acquire the port from a ..

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RBI to launch Plastic notes in 2015

May 20, 2014

As per Reserve Bank of India (RBI) Governor Raghuram Rajan, Plastic currency notes will be launched in 2015 after field trial which is likely to be conducted in the latter half of 2014. The pilot testing would be conducted in ..

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