Page-2 of GKToday Archives: January, 2013

Iran claims to have sent monkey into space

Iran has claimed that it has successfully sent a monkey into space, boasting the launch as another step toward Tehran’s aspirations of a manned space flight. As per reports, the rocket dubbed Pishgam (Farsi for ‘pioneer’), reached a height of ..

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Rising CAD, a major concern: RBI

The Reserve Bank of India (RBI) has stated that the increasing Current Account Deficit (CAD) has become a major obstacle in relaxing monetary policy. The CAD stood at a record high of 5.4% of GDP in the second quarter of ..

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RBI cuts repo rate and CRR, slashes growth forecast to 5.5%

The Reserve Bank of India (RBI) eased its tight monetary policy by slashing its key interest rates by 0.25% and released Rs 18,000 crore additional liquidity into the system to stimulate growth through reduced cost of borrowing. RBI cut the ..

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GK & Current Affairs 2013: January 30, 31

World’s oldest marathoner to retire

World’s oldest marathon runner, 101-year-old Fauja Singh, from Ilford, east London, has announced retirement from the sport after taking part in the after Hong Kong marathon which will be held in February 2013. Singh is fondly known as ‘Turbaned Tornado’ ..

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Exide Industries to acquire ING stake in Indian life insurance joint venture

Dutch banking and insurance group ING has decided to sell its 26% stake in an Indian insurance venture to local partner Exide Industries. ING is in the process of selling all its Asian insurance and investment management operations. Exide would ..

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