Page-8 of Current Affairs - November, 2016
RBI doubles cap on PPIs to Rs. 20,000
The Reserve bank of India (RBI) has increased the per month limit of Prepaid Payment Instruments (PPIs) to Rs. 20,000 from Rs. 10,000 and to Rs. 50,000 for merchant bank. This decision was taken due to sudden increase in demand ..
Month: Current Affairs - November, 2016
China agrees to import rice from 17 mills in India
China has agreed to import rice, non-basmati and basmati varieties from 17 registered mills in India. These mills are in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. It is considered as a major breakthrough in India’s efforts to ensure market ..
Month: Current Affairs - November, 2016
Nuclear capable Agni-I ballistic missile successfully test-fired
The indigenously built nuclear capable Agni-I ballistic missile was successfully test-fired from a test range off Odisha coast, as part of a user trial by India Army. It was test-fired from a mobile launcher from the launch pad-4 of the ..
Month: Current Affairs - November, 2016
Portugal Prime Minister Antonio Costa to be Chief Guest of 14th Pravasi Bharatiya Divas
António Costa (54), the Indian origin Prime Minister of Portugal will be the chief guest at the 14th Pravasi Bharatiya Divas (PBD) Convention. The PBD Convention is scheduled to be held from January 7 to 9, 2017 in Bengaluru, Karnataka. ..
Month: Current Affairs - November, 2016
India, Switzerland sign Joint Declaration for implementing AEOI
India and Switzerland have signed a Joint Declaration for implementation of Automatic Exchange of Information (AEOI) in respect of accounts of Indians held abroad. Under the pact, both countries will start collecting data in accordance with the global standards in ..
Month: Current Affairs - November, 2016
India’s wealth rises and also disparity: Credit Suisse Report
As per a report on global wealth published by Credit Suisse, the total quantum of wealth in India is rising but disparity between rich and poor is also rising. The report says that the uneven growth has left 96% of ..
Month: Current Affairs - November, 2016
Pankaj Patel elected as FICCI President for 2017
Pankaj Patel was elected as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) for the year 2017. He will take over after incumbent Ambuja Neotia Group Chairman Harshavardhan Neotia completes his term in December 2016. At ..
Month: Current Affairs - November, 2016
Veteran Carnatic Music exponent M Balamuralikrishna passes away
Legendary vocalist, playback singer and composer Mangalampalli Balamuralikrishna passed away due to age-related geriatric problems in Chennai. He was 86. He was considered as doyen of classical music. During his long musical career he had excelled as a prominent Carnatic ..