Current Affairs

GK MCQs Section

Page-2 of Archives: October, 2011

Oxygen in Orion constellation

Recently, the European Space Agency’s Herschel telescope has found the first confirmed evidence of oxygen molecules in space. The Oxygen molecules have been found in the star forming...

October 30, 2011

SEBI (Alternative Investment Fund) Regulations

Investment products other than the traditional investments in stocks, bonds, cash, or property are called Alternative Investments. There is no proper definition of AI but it includes commodities,...

October 30, 2011

Highlights of Prime Minister’s Economic Advisory Council report

Country’s growth pegged at 8.2 percent for 2011-12 Inflation to ease to 6.5 percent only by the end of this fiscal Important role for fiscal policy to contain...

October 30, 2011

M Damodaran Committee Recommendations on Banking Customer Service

The committee, headed by former SEBI chief M Damodaran, has proposed a slew of consumer-friendly measures. The committee was set up by RBI and if the recommendations are...

October 30, 2011

What is Double Dip Recession and how it affects Indian Economy?

In the current circumstances, a definite answer to which way the Global Economy is headed is difficult to answer, but the chances of a recession have increased due...

October 30, 2011

Impact of US Rating Downgrade on India: Some Reactions

Cost of borrowing for the US may go up by a few percentage points. But that would not really affect India. Dollar still remains dominant and potent currency...

October 30, 2011

CAG reports Rs. 5000 Crore loss in Air India

The recent finding of the Comptroller and Auditor General of India has opened another pandora’s box for the UPA-II Government. CAG has found that AI and erstwhile Indian...

October 30, 2011

RBI to circulate new coins in India

The Reserve Bank of India will shortly put into circulation coins of fifty paise, one rupee, two rupees, five rupees and ten rupees denominations. The coins of fifty...

October 30, 2011

Why Two year Extension to Subbarao?

Recently, the PMO office has announced a two-year extension for Reserve Bank of India governor D Subbarao. We note that it’s Finance Ministry, which deals with the RBI...

October 30, 2011

Some facts on Ban on burqa, niqab, hijab in Europe

The burqa, niqab or hijab issue is part of a heated debate about multiculturalism in Europe. The issues involved are religious freedom, female equality, secular traditions and even...

October 30, 2011

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