Current Affairs - June, 2014

East India Company issues Sachin Tendulkar with rare coin

In a tribute to Indian cricket legend Sachin Tendulkar, UK’s luxury goods brand East India Company issued an exclusive legal tender gold coin worth 12,000 pound sterling. The company will issue only 210 gold coins, each weighing precisely 200g, to pay tribute to Tendulkar at a global level. The issue of a ‘legal tender’ coin is ..

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June 25: World observes International Seafarer's Day

June 25 was observed as International Seafarer’s Day across the world. The day is observed as an expression of thanks to the seafarers for their contribution to the economy and civil society of the world, also for risks and personal costs endured by them while being in their jobs. International Maritime Organisation (IMO) decided in ..

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UP Govt increased retirement age of State Election Commissioner to 68 years

The Uttar Pradesh Government enhanced the retirement age of State Election Commissioner (SEC) from 65 to 68 years. The UP government amended the UP State Election Commission (Panchayat and Local bodies) (services and conditions of services) Rules 1994 to increase the term of the SEC up to either 68 years of age or 6-year tenure. ..

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June 25 obeserved as World Vitiligo Day

June 25 was observed as World Vitiligo Day across the world. The day specifically focuses people with vitiligo disease. The day is observed with an aim to focus on vitiligo through international collaborative research and public awareness programmes about the myths and reality and raise funds needed for research and education. Vitiligo is a gradually ..

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RBI permits NBFCs to work as Business Correspondents of banks

With a view to achieve financial inclusion, the Reserve Bank of India has allowed Non-Banking Finance Companies to operate as Business Correspondents (BCs) of banks, permitting them to offer limited services. Banks will be allowed to work with non-deposit taking NBFCs as BCs. Until now, NBFCs were not allowed to function as BCs, which provide limited services on behalf ..

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