Page-25 of Current Affairs - October, 2016

Union Government launches Indian Bridge Management System

The Union Ministry of Road Transport and Highways has launched the Indian Bridge Management System (IBMS). It was launched by Union Minister of Road Transport and Highways Nitin Gadkari in New Delhi as a major step towards ensuring safety of ..

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Aadhaar card must for LPG subsidy after November 2016

The Union Government has made Aadhaar card mandatory for availing cooking gas (LPG) subsidies after November 2016. In this regard, the Union Petroleum Ministry has asked Oil marketing companies (OMCs) to facilitate enrollments of Aadhaar of the consumers to avail ..

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RBI cuts repo rate by 25 bps in 4th Bi-monthly Monetary Policy Statement

The Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy review for year 2016-17 has cut the repo rate by 25 basis points to 6.25%. This monetary policy decision was taken by the newly constituted Monetary Policy Committee ..

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British trio David Thouless, F Duncan M Haldane and Michael Kosterlitz win 2016 Nobel Prize in Physics

British trio of physicists David Thouless, F Duncan M Haldane and Michael Kosterlitz have won the 2016 Nobel Prize in Physics. They will share the 8 million Swedish kronor prize. The Royal Swedish Academy of Sciences has selected them for ..

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Nayanjot Lahiri wins 2016 John F Richards Prize

History writer Nayanjot Lahiri has won the prestigious 2016 John F. Richards Prize for her book Ashoka in Ancient India. The prestigious prize will be bestowed upon her at the American Historical Association (AHA’s) 131st Annual Meeting to be held ..

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MS Sahoo takes charge as Chairman of Insolvency and Bankruptcy Board of India

The Union Finance Ministry constituted four-member Insolvency and Bankruptcy Board of India (IBBI) with Financial markets expert MS Sahoo as its Chairman. MS Sahoo was administered the oath of the office by Union Finance and Corporate Affairs Minister Arun Jaitley ..

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SBI becomes first domestic bank to open branch in Yangon, Myanmar

India’s largest lender State Bank of India (SBI) has announced the opening up its foreign branch in Yangon, the capital city of Myanmar. With this, SBI became the first domestic bank of India to open a branch in Myanmar. The ..

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Japan's Yoshinori Ohsumi wins 2016 Nobel Prize in Medicine

Yoshinori Ohsumi (71) of Japan has won the 2016 Nobel Prize for physiology or Medicine for his pioneering work on autophagy. With this he becomes the 23rd Japanese national to win a Nobel prize and overall the sixth Japanese medicine ..

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