Page-100 of IBPS

Poverty in India decreases to 21.9% in 2011-12: Planning Commission

July 28, 2013

As per Planning Commission, poverty ratio in the country has dropped to 21.9% in 2011-12 from 37.2% in 2004-05 on account of increase in per capita consumption. Planning Commission on Poverty: Using the Tendulkar methodology for determining the poverty line, ..

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Archery World Cup: India finished 4th

July 25, 2013

India finishes fourth in the Archery World Cup Stage 3 held in Medellin, Colombia. Deepika Kumari’s gold and bronze medal performances on the concluding day helped India finished fourth in the Archery World Cup Stage 3 in Medellin, Colombia. Key ..

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India emerges as the 2nd largest investor in London

July 25, 2013

India has come up as the 2nd largest investor in the city of London with Indian companies led by software major Infosys with the investment eagerness generated by the 2012 Olympic Games in the British capital. Infosys leads the inward Foreign Direct Investment (FDI) made ..

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P Sathasivam is the Chief Justice of India

July 25, 2013

Justice Palanisamy Sathasivam took over the post from Justice Altamas Kabir who served as the Chief Justice of India for over 9 months. Justice Sathasivam was elevated to the Supreme Court in August, 2007 and would renounce office on April ..

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Rajat Gupta fined $13.9 million for Insider Trading

July 24, 2013

Rajat Gupta fined $13.9 million for Insider Trading. The former Goldman Sachs Director Rajat Gupta has been fined a penalty of $13.9 million for one of the biggest insider trading case and has been eternally expelled from acting as an officer ..

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China lifts control on Bank lending rates

July 24, 2013

In a move toward creating a market oriented financial system to support economic growth, the People’s Bank of China and its Central Bank promulgated to lift the controls on bank lending rates. Background for why  China lifted the control on ..

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President announces Securities Laws Amendment, 2013

July 24, 2013

President Pranab Mukherjee has announced the Securities Laws Amendment regulation, 2013. The ordinance was promulgated by the President following the powers granted to him by Clause 1 of Article 123 of Constitution. Securities and Exchange Board of India (Sebi) will now have more powers to deal with ..

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July 22: World observes Pi Approximation Day

July 22, 2013

Pi Approximation Day was celebrated worldwide on July 22 (as the date is written 22/7). As we know that the value of Pi is 22/7 and it is said to be the common approximation of Pi (π). Background: The Pi ..

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Department of Food & Public Distribution Launches Electronic fund transfer

July 22, 2013

Department of Food & Public Distribution launched the Electronic Transfer of Funds. Objective: To ensure quick and direct transfer of funds to the beneficiaries. This protected mode of making the payments on-line, would be time saving and eliminate physical cheques ..

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Bhim Sain Bassi, the next Police Commissioner of Delhi

July 22, 2013

Neeraj Kumar who will be retiring on this month end will be replaced by Bhim Sain Bassi, a 1977 batch Indian Police Service officer as the next Police Commissioner of Delhi. Mr. Bassi & his Achievements : He cleared the ..

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