Current Affairs

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Page-5 of Archives: June, 2016

Currency Options

Currency options are derivative financial instruments that provide the buyer with the right, but not the obligation, to buy or sell a specified amount of one currency against...

June 28, 2016

Currency Swap Agreements

Currency swap agreements are financial arrangements in which two parties exchange principal and interest payments denominated in different currencies for a specified period. These agreements are widely used...

June 28, 2016

Currency Swap Lines

Currency swap lines are formal arrangements between central banks that allow them to exchange currencies with each other for a specified period and under agreed terms. These arrangements...

June 28, 2016

Currency Swaps

Currency swaps are derivative financial contracts in which two parties exchange principal amounts and interest payments in different currencies for an agreed period. These instruments are widely used...

June 28, 2016

Current Account Convertibility

Current account convertibility refers to the freedom to convert domestic currency into foreign currency, and vice versa, for transactions related to trade in goods and services, income flows,...

June 28, 2016

Current Accounts

Current accounts are deposit accounts primarily designed to facilitate frequent financial transactions rather than savings. They form a core component of the banking system and play a vital...

June 28, 2016

Expanded Panama Canal reopens

Newly renovated and expanded Panama Canal was reopened by the Panamanian President, Juan Carlos Varela. After the launch a giant Chinese container ship Cosco become the first vessel...

June 28, 2016

CSIR launches India’s first anti diabetic ayurvedic drug BGR -34

The Council for Scientific and Industrial Research (CSIR) has launched BGR-34, an anti-diabetic ayurvedic drug designed for type 2 Diabetes mellitus. The anti-diabetic ayurvedic drug BGR-34 has been...

June 28, 2016

Jitu Rai wins silver medal in ISSF World Cup

Ace Indian shooter Jitu Rai won silver medal at the ISSF (International Shooting Sport Federation) Shooting World Cup held in Baku, Azerbaijan. In the final match, Rai shot...

June 28, 2016

India becomes 35th member of Missile Technology Control Regime

India became the 35th full member of the Missile Technology Control Regime (MTCR). It would be mutually beneficial in the furtherance of international non-proliferation objectives. In this regard,...

June 27, 2016

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