1) What is the name of India’s first Naval vessel with all weapon systems built indigenously, that was commissioned into the Indian Navy on 23 August 2014? – INS Kamorta Explanation : INS Kamorta was commissioned into the Indian Navy by Defence Minister Arun Jaitley at Vishakhapatnam on 23 August. The first indigenously-built stealth was handed over to Indian Navy by Garden Reach Shipbuilders & Engineers Ltd. (GRSE) earlier on 12 July 2014. GRSE is a public-sector ship building enterprise and has manufactured INS Kamorta. The ship will be based at the Vishakhapatnam-based Eastern Command of Indian Navy. ……………………………………………………………………………… 2) Which state government on 21 August 2014 announced proposal to clamp complete prohibition on liquor in various phases? – Kerala Explanation : The Congress-led United Democratic Front (UDF) in Kerala, which met 21 August 2014 to discuss the liquor policy of the government, decided to bring in prohibition in a phased manner. The state govt. proposed to make Kerala a dry state in 10 years. Presently Gujarat is the only dry state of India. ……………………………………………………………………………… 3) India’s capital market regulator SEBI on 22 August 2014 ordered which NBFC entity to refund the money raised from some 58.5 million customers through collective investment schemes (CIS)? – Pearls Agrotech Corp. Ltd Explanation : Delhi-based Pearls Agrotech operates from 15 regional offices and had 3.35 million field associates in 2011-12. SEBI found Pearls Agrotech violating CIS regulations by mobilizing the money without being registered with the regulator. The company offered two kinds of plans- a cash-down payment plan and an instalment payment plan. Under the former, it offered to allot land to customers within 270 days of payment and under the latter within 90 days. ……………………………………………………………………………… 4) U.R. Ananthamurthy, the writer of incredible literary works like ‘Samskara’ and ‘Bharatipura’ and the winner of India’s highest literary award- the Janapith Award, passed away on 22 August 2014. He did his writings in which language? – Kannada Explanation : U.R. Ananthamurthy (full name Udupi Rajagopalacharya Ananthamurthy) was considered the doyen of Kannada literature. He was the pioneer of the ‘Navya’ movement. His works have been translated into several Indian and European languages and have been awarded with important literary prizes. ……………………………………………………………………………… 5) The Reserve Bank of India (RBI) on 22 August 2014 released the charter of customer rights, which seeks to provide the right to be treated with courtesy to both the customer and the financial services provider. What are the important clauses of this charter? => The customer should not be unfairly discriminated against on grounds such as gender, age, religion, caste and physical ability when offering and delivering financial products by the financial services provider => The key risks associated with the financial product as well as any features that may especially disadvantage the customer should be made known to him/her by the financial services provider => The financial services provider should provide customers with product terms and conditions that are in simple language, easily understandable, and with sufficient information that the customer could be reasonably expected to make an appropriate choice of product => The financial services provider may, however, have certain special products which are specifically designed for members of a target market group or may use defensible, commercially acceptable economic rationale for discriminating between customers
Posted on: Mon, 25 Aug 2014 09:37:17 +0000
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