Current Affairs

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Page-11 of Archives: March, 2013

New Pope: Jorge Mario Bergoglio takes “Francis” as name

Jorge Mario Bergoglio has been elected as new pope of the Catholic Church. 266th pope Native of Argentina. Became first pontiff from outside Europe in more than a...

March 14, 2013

Fact Box: CTT (Commodity Transaction Tax)

In Budget 2013-14, Finance Minister P Chidambaram proposed 0.01% tax on the trade of non-agricultural commodities futures, the new tax is called Commodity Transaction Tax (CTT). As per...

March 14, 2013

India, Bhutan sign currency swap agreement

India and Bhutan have inked a currency swap agreement for up to $100 million to promote economic co-operation b/w the two nations. The pact was signed by the...

March 14, 2013

Finland inaugurates World’s largest biogas plant

The world’s largest biogas plant was inaugurated on Finland’s western coast as the country seeks to cut its use of foreign coal. About the plant: 140 MW biomass...

March 14, 2013

Cruise missile Nirbhay goes awry, terminated midway

Cruise missile Nirbhay missed the target test-firing as it had to be terminated midway after deviating from the flight course. However, as per DRDO, the missile "successfully" achieved...

March 14, 2013

Iran-Pakistan Gas Pipeline

The Iran-Pakistan gas pipeline, also known as the Peace Pipeline, is a proposed 2,775-kilometer pipeline to deliver natural gas from Iran to Pakistan. Background First conceived in 1989,...

March 14, 2013

SAARC Literary Award

The SAARC Literary Award is an annual award conferred by the South Asian Association for Regional Cooperation (SAARC) to writers from its member states. It aims to promote...

March 14, 2013

National Counter-Terrorism Authority (NACTA) – Pakistan

The National Counter-Terrorism Authority (NACTA) is the primary counter-terrorism authority in Pakistan. It was established through an Act of Parliament in 2013 to act as the coordinating body...

March 14, 2013

China plans crucial changes in ministries, market to have a major role

The State Council of China has outlined new measures which include the dismantling and merging of several crucial Cabinet-level ministries with the aim of reducing the government’s role...

March 14, 2013

Employees’ Provident Fund (EPF)

The Employees’ Provident Fund (EPF) is a retirement benefit scheme that provides social security to salaried employees in India. It is managed under the Employees’ Provident Funds and...

March 14, 2013

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