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 ..

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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 ..

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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 ..

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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. ..

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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 ..

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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 ..

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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 ..

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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 ..

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