Page-5 of 2012 Current Affairs, GK & News

India signs military deal with Russia

Vladimir Putin visits to India $2 billion investment fund Finalised 10 agreements Two military contracts, worth about Rs. 20,000 crore Some issues of disagreement also there To take the initial steps towards operating a “ranging station” that will help accurately fix the location of satellites. Equity participation through ONGC-OVL On Russian president Vladimir Putin’s visit ..

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SBI, RDIF collaborate to form $2 billion consortium

To encourage investments b/w the two nations, India’s State Bank of India (SBI) and Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) came together to ink an MoU for setting up a $2 billion investment consortium. Both the groups would invest up to $1 billion each in the consortium. How this consortium would work?

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The only Hindu temple in Russia on the verge of demolition

The only Hindu temple in Russia- the Iskcon Krishna temple in Moscow is facing the threat of demolition by the Russian authorities. Why is it being demolished? As per Russian authorities, the temporary Iskcon temple violates the urban building code and has no legal grounds for existence. Indian embassy has sought an extension to the ..

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Park Geun-hye becomes first woman South Korean President

In recent Presidential elections in South Korea, Park Geun-hye gained the victory to become country’s first woman President, daughter of the former military ruler, Park Chung-Hee. Main challenges before Park: Conflict with North Korea Sluggish economy Surging Welfare costs Rapidly ageing society

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NASA denies asteroid impact with Earth in 2040

The asteroid, 2011 AG5, which was previously thought to collide with the Earth in 2040 and had a collision chance of 1 in 500, will pass by earth harmlessly. As per NASA, the asteroid shouldn’t get any closer than 890,000 kilometers — about twice the distance between Earth and the moon. The asteroid which was ..

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