Page-10 of Current Affairs - September, 2013

ATMs, PoS machines to scan UID biometrics

The RBI is understood to be preparing a directive for banks to introduce additional facilities in all new credit card swipe (Point of Sales, or PoS) machines and Automated Teller Machines (ATMs) for providing a mechanism for Aadhaar authentication using ..

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UNCTAD forecasts India's growth at 5.2% in 2013

As per the Trade and Development Report 2013 released by the United Nations Conference on Trade and Development (UNCTAD), Indian economy is likely to grow at 5.2% in 2013 calendar year on account of rising domestic demand. UNCTAD’s India growth ..

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Government sets up mechanism to prevent wastage of foodgrain

The government has set up a detailed mechanism to ensure procurement of good quality foodgrain, its safe storage, transportation and distribution in order to prevent wastage of foodgrain. Some key points in the mechanism to prevent wastage of foodgrain: The ..

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IONS workshop in Mumbai to analyze security aspects in IOR

The IONS Operational Seminar and Preparatory Workshop – 2013 was hosted by the Western Naval Command at Mumbai on the theme, ‘Roles and Expectations of Emerging Navies in Cooperative Engagement for Peace and Stability in IOR’. The seminar was attended ..

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Indian regains WHO-SEAR directorship after 44 years

The member nations of the World Health Organization’s South-East Asia Region (SEAR) have chosen Poonam Khetarpal Singh, a former Indian IAS officer, as the regional director of WHO (SEAR). It is after a gap of 44 years that an Indian has been ..

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‘Slum Free India’ mission to be launched soon

The Union government has planned to start a ‘Slum Free India’ mission with Rajiv Awas Yojana(RAY). The programme will be implemented on a mission mode during 2013-22. What is ‘Slum Free India’ mission? The ‘Slum Free India’ mission will be aimed ..

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WHO praises India’s efforts in eliminating Polio

India’s efforts in eliminating polio have been exalted by WHO which said the country has not reported a single case of polio in the last 30 months. WHO Director General Margaret Chan said India accomplished the feat even as 194 ..

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Thomas Bach is new President of International Olympic Committee

Thomas Bach (59) from Germany has been elected as the President of the International Olympic Committee (IOC). He is the first Olympic gold medallist to become the President of the IOC. He will succeed Jacques Rogge, who stepped down after ..

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RBI asks banks to consider using business correspondents to distribute currency

In the backdrop of growing currency demands, the RBI, in a notification, asked banks to explore the possibility of distributing banknotes and coins through business correspondents. Earlier, RBI, in its Monetary Policy Statement 2013-14, had acknowledged the need to identify ..

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RBI notifies norms for banks to swap overseas borrowings

The Reserve Bank of India, in a notification, said that banks can raise funds overseas above 50% of their Tier I capital with a minimum maturity of 3 years and swap these borrowings with the RBI at a concessional rate ..

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