Page-5 of Current Affairs - June, 2014
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 ..
Month: Current Affairs - June, 2014
World Bank recommends reforms in power distribution
The World Bank has suggested that power distribution utilities in India must be freed from Government interference and their management must be professionalized. In a report released by the bank, it suggested the government to give top priority to reforms ..
Month: Current Affairs - June, 2014
India extends ban on import of milk items from China till June 2015
The Indian government extended the ban on imports of milk and its products from China till June 2015. With this the ban on import of milk and milk products (including chocolates and chocolate products and candies/ confectionery/ food preparations with ..
Month: Current Affairs - June, 2014
Category: India Nation & States Current Affairs
Amma pharmacies to be launched across Tamil Nadu
The AIADMK government in Tamil Nadu has decided to open 100 Amma Marunthagam (pharmacies) across the state. The move is likely to win more goodwill for chief minister J Jayalalithaa. The state already have some other welfare schemes like Amma ..
Month: Current Affairs - June, 2014
Category: India Nation & States Current Affairs
Air India Ltd becomes member of Star Alliance
Air India Ltd has joined the Star Alliance group of carriers. The move could help enhance revenues at the loss-making state-run air carrier. Thus, Air India has become Star Alliance’s 27th member. How Air India will benefit from the membership ..
Month: Current Affairs - June, 2014
125th anniversary of Salar Jung museum
Salar Jung Museum in Hyderabad, Telangana celebrated its 125th anniversary in June 2014. The art museum located at Darushifa, on the bank of the Musi River in the city of Hyderabad was established in 1951 and is one of the ..
Month: Current Affairs - June, 2014
Category: Important Days & Events Current Affairs