Page-17 of Current Affairs - October, 2013

Nokia unveils smartphone with 41 megapixel camera in India

October 1, 2013

Nokia has launched the Lumia 1020 smartphone in India.  It has a 41MP camera, which makes it the smartphone with the highest megapixel  in Indian market. The phone has a Carl Zeiss lens and Nokia’s proprietary PureView imaging technology. This camera also has ..

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Survey ranks Mumbai as world’s second most honest city after Helsinki

October 1, 2013

As per a survey conducted in various cities across the world, India’s financial capital Mumbai performed better than some of the big of the world and stood as the second most honest city in the world. How was the honesty ..

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Liu Shiwen of China clinched Women's Table Tennis World Cup 2013

October 1, 2013

Chinese table tennis player Liu Shiwen clinched Women’s Table Tennis World Cup 2013 after beating teammate Wu Yang in the final play of the tournament held in Kobe, Japan. Liu had won the World Cup in Guangzhou in 2009 and ..

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President’s assent to the Waqf (Amendment) Bill, 2013

October 1, 2013

President Pranab Mukherjee has given his assent to the Waqf (Amendment) Bill, 2013. What are the key stipulates of the Waqf (Amendment) Bill 2013? The Waqf (Amendment) Bill 2013 brings some amendments in the Waqf Act, 1995 which was introduced to ..

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President gives assent to the Parliament (Prevention of Disqualification) Amendment Bill, 2013

October 1, 2013

President Pranab Mukherjee has given his assent to the Parliament (Prevention of Disqualification) Amendment Bill, 2013 which amends Parliament (Prevention of Disqualification) Act, 1959. What is Parliament (Prevention of Disqualification) Act, 1959? Section 3 of the Parliament (Prevention of Disqualification) ..

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RBI eases trade credit rules to raise funds from overseas

October 1, 2013

The Reserve Bank of India eased trade credit norms to raise funds from abroad. As per RBI’s notification, all types of firms can avail trade credit facility now from overseas for import of capital goods. The relaxations in norms allow companies ..

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PM approves setting up of 7th Central Pay Commission

October 1, 2013

The Prime Minister of India Manmohan Singh has approved the constitution of the Seventh Central Pay Commission (CPC). If we go by the average time of 2 years taken by a Pay Commission to submit its recommendations, it is expected that ..

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M60-UCD1: Densest galaxy ever discovered

October 1, 2013

Scientists have discovered the densest galaxy ever which they have named as M60-UCD1.  The galaxy was discovered using NASA’s Hubble Space Telescope. Follow-up observations were done with NASA’s Chandra X-ray Observatory and ground-based optical telescopes, including the Keck 10-metre telescope in ..

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RBI directs Banks to end zero interest EMI schemes

October 1, 2013

In a major blow to the banks and merchant establishments, the Reserve Bank of India has instructed banks to stop offering zero interest EMI (Equated Monthly Installment) schemes for the purchase of consumer goods in a bid to discourage them ..

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RBI will use OMOs to ensure liquidity

October 1, 2013

Giving assurance to the markets, the Reserve Bank of India said that it will take actions, including Open Market Operations (OMOs), to ensure adequate liquidity in the system. The central bank’s assurance follows hardening of yields on government securities after governor Raghuram Rajan raised the ..

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