Current Affairs @ TCE on 07th November 2013 ____________________________________________ 1. General Insurance Corporation (GIC Re) is exploring the possibility of issuing catastrophe bonds (Cat bonds) in the US market, to face risks from large catastrophic losses in India and raise funds at a lower rate. 2. ASSOCHAM, an apex industry body, has suggested the Ministry of Youth Affairs and Sports to bring the Board of Control for Cricket in India (BCCI) under the ambit of the Right to Information (RTI) Act. 3. Minister of Railways Flags off first ever Dual Cab Freight Diesel Locomotive ‘Vijay’ 4. Reigning Formula One world champion Sebastian Vettel captured the Etihad Airways Abu Dhabi Grand Prix to clinch a 7th straight victory and 11th of the season. 5. BCCI launches #ThankYouSachin campaign on Twitter 6. ISRO will raise the orbit of Mangalyaan from 23,500 kms to 28,785 kms. 7. RBI released guidelines for setting up of Wholly Owned Subsidiaries - WOS by foreign banks in India. 8. The West Bengal Government has started a protection fund scheme to protect small scale savings of the poor people of the State. The poor people of the state will be able to invest between Rs. 1000 to Rs. 25000 in Banks as savings scheme. With duration of from 1year up to 5 years, may withdraw their deposit after three months from the time of total investment duration. 9. India, China start 10-day joint training exercise ‘Hand in Hand’ at Miao ergang, south of Chengdu in China, aimed at enhancing counter terrorism skills 10. The World Meteorological Organization (WMO), United Nations weather agency says the amount of greenhouse gases in the atmosphere hit a record high in 2012 11. The biggest city in the United States, New York has elected Bill de Blasio as its first Democratic mayor for more than 20 years. 12. Indian navy to get MiG 29K special squadron 13. Typhoon Haiyan to hit Philippines 14. The Telecom Commission, TC, recommended raising reserve price for auction of pan-India mobile phone spectrum which is 15 % more than suggested by Trai, and 25 % higher in case of key circles like Delhi and Mumbai
Posted on: Thu, 07 Nov 2013 02:15:45 +0000
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