Page-13 of Current Affairs - September, 2013

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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Russia removes ban on non-basmati rice and oilseeds imports from India

In what can be a major boost to Indian agricultural exports,  Russia has removed the ban on import of non-basmati rice and oilseeds from India. Why Russia had earlier imposed a ban on import of Indian non-basmati rice and oilseeds? ..

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Government to evolve new index to fix rural MGNREGA wages

The government is working on a new index based on the consumption pattern of rural landless labour to fix wages under the Mahatma Gandhi National Rural Employment Guarantee Act. Why the need for a new index for fixing MGNREGA wages? Currently government uses ..

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North, South Korea to reopen Kaesong joint industrial park

Following long negotiation, North and South Korea decided to reopen their Kaesong joint industrial park next week. The industrial complex has been shut for the last five months during heightened military tensions between the two nations. The North accepted the ..

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Tamu Massif: Largest volcano on Earth discovered

Scientists have found the single largest volcano in the world called Tamu Massif- a dead colossus deep beneath the Pacific Ocean. It is spanned across over an area of 310000 sq km and can be compared with Mars’ Olymus Mons ..

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