Page-90 of IBPS

Indian Navy inducts first fully indigenous Hawk Advanced Jet Trainers

November 7, 2013

Indian Navy inducted the first fully indigenous Hawk Advanced Jet Trainers (AJT) manufactured by Hindustan Aeronautics Limited at INS Dega in Vishakhapatnam. About Hawk AJT Hawk AJT is a dual seat multi-purpose aircraft powered by a single Rolls Royce Adour ..

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RBI permits foreign banks' subsidiary to acquire private banks

November 7, 2013

As per the guidelines released by the Reserve Bank of India (RBI), the Wholly-Owned Subsidiary (WOS) of foreign banks are allowed to acquire domestic private sector banks as well as open branches anywhere in the country. In addition, as per the ..

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India’s Mangalyaan blasts off for 300-day odyssey to Red Planet

November 5, 2013

India’s ambitious Mars mission, orbiter Mangalyaan lifted off into space from Sriharikota spaceport, starting its 300-day voyage to study the Red Planet’s atmosphere. The 350-tonne rocket carrying the 1,340-kg spacecraft was launched from the space facility on November 5, 2013 ..

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6 key central banks in the world to make currency swap arrangements permanent

November 4, 2013

6 major central banks of the world to make their network of currency swap facility permanent. These banks will convert their temporary bilateral liquidity swap facility into standing facility that will remain permanent until further notice. The 6 central banks ..

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Shashi Kant Sharma, India's CAG wins election to UN Board of Auditors

November 4, 2013

Shashi Kant Sharma, the Comptroller and Auditor General of India wonthe election to the UN Board of Auditors. Shashi Kant Sharma won 124 out of 186 votes at the UN General Assembly’s 5th Committee on Administrative and Budgetary questions. India won by 62 votes against ..

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Mr. G. K. Pillai appointed as the new Chairman and Thomas Mathew T. as the new Vice-Chairman of MCX-SX

November 3, 2013

Former Union Home Secretary Gopal Krishna Pillai appointed as the Chairman of the troubled Financial Technologies-promoted stock exchange, MCX-SX. Thomas Mathew, former LIC chairman appointed as the as Vice Chairman of the Board of MCX Stock Exchange Limited. SEBI has accorded its approval to Mr. Pillai’s ..

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Rohit Sharma becomes third player in ODI format of Cricket to hit a double-century

November 2, 2013

India’s Rohit Sharma scored 209 runs off 158 balls in final ODI (One Day International) against Australia held in Bangalore (India), thus becoming only the third player to score a double-century in ODI format cricket. Rohit Sharma hit 16 sixes in ..

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Turkey to inaugurate Bosphorus rail tunnel that links Europe and Asia

November 1, 2013

It is for the first time Turkey has joined its European and Asian sides by inaugurating a railway tunnel thereby also fulfilling a vision first proposed by Ottoman sultan Abdulmejid about 150 years ago to connect the two continents. The ..

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RBI slashes growth projection to 5% for 2013-14

November 1, 2013

The RBI in its second quarter review of monetary policy reduced the growth forecast for current fiscal 2013-14 to 5% from the earlier projection of 5.5%. The RBI had projected a growth of 5.5% for 2013-14 in its first quarter monetary ..

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Charge for SMS alerts on actual usage basis: RBI to banks

November 1, 2013

The RBI, in its  Second Quarter Review of Monetary Policy 2013-14, asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee, to ensure equity and be reasonable. In March 2011, ..

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