Gist of Current affairs from October 2013 competitive megazines.

                                             Gist of  current affairs from October megazine

• RBI Governor is appointed for 3 year term. D subbarao term was extended for 2 more year thereby allowing him to serve for 5 years.
• Present RBI Governor  is 23^rd incumbent to this office. He was Chief Economic Advisor to Finance ministry before this appointment. He also served IMF as Chief Economist.
• Four Deputy Governors are Dr. Urjit Patel, K.C.Chakravorty, H.R.Khan and Anand Sinha. A deputy governor in RBI can be appointed for a maximum of 5 years or till the age of 62, which ever is earlier.
• Rajiv Rishi – appointed as Central Bank of India CMD for  years.
• Arundhati Bhattacharya, First Women MD & CFO of SBI. 
• Hasan Rohani – New President of Iran
• Robert Mugabe elected as president of Zimbabwe for seventh time since 1980 when Zimbabwe got its independence from Britain.
• Rajiv Gandhi Khel ratna puraskar  for 2013 to Ronjan Sodhi , sports shooting.
• Arjun puraskar 2013 to Virat kohli, P.V.Sindhu, Kavita chahal(boxing),Gaganjit Bhullar –Golf Rajkumari rathore –shooting and others.
• Saraswati samman 2013 for literature instituted by kk birla foundation
• APJ Abdul Kalam autobiography – My journey: transforming dreams into action.
• Russia granted asylum to Edward Snowden for one year.
• US vice president Joe Biden visited India in July 2013
• Registration of births and deaths (amemdment ) bill 2012 passed . makes it compulsory to register all marriages irrespective of religion.
• Company bill 2012 replaces 57 year old companies act 1956 . 2 % of profit of companies to be allotted to CSR activities. Clarifies criminal liability of auditors.
• NGT National Green tribunal banned illegal sand mining activities across India.
• Handwoven Pashmina shawls is spaciality of Kashmir.
• INS Sindhurakshak an strategic defence submarine vessel badly damaged in a fire incident.
• India launched its first indigenous aircraft carrier INS Vikrant.
• RBI announced weekly sale of Government bonds/securites to absorb liquidity from the market to curb volatility in foreign exchange market.\
• India signed 100 million dollar agreement with world bank for low income housing project  to be managed by National Housing bank.
• Import duty on gold and jewellery raised to 15 %.
• Tax administration Reform Commission TARC set up to review tax administration and structure in India .
• Rajeev Gandhi grammen vidhutikaran yojana (RGGVY) continued in 12^th year plan . launched in april 2005  90% contributed by Central Government and 10% by REC, which is the nodal agency. To be implemented by state government. Aims are – electrifying all villages , electricity to all rural households, free connection to BPL families.
• SEBI’s deadline for meeting 25% public shareholding norm in private listed companies by jun 13  and 10 % for public sector undertaking by august 13 is over.
• Disinvestment of 10% in Indian Oil Corporation approved by Cabinet Committee on Economic Affairs.
• Interest subvention of 3% on crop loans continued by Central Govermnet.
• FDI in print media to increase from 26 to 49%
• Reliance General Insurance launched crop insurance schemes.
• P V Sindhu won bronze medal in world  Badminton championship 2013.
• 14^th World championship in athletics were held in Moscow, Russia from 10-18 August 2013. Russia topped the tally with 7 gold. Jamaica’s Ussain Bolt  became most successful athlete with eight gold and two silver in various world championships.
• India beats Zimbabwe 5-0 in cricket ODI series on foreign soil.
• Indian Badminton league . 14 aug to 31^st august 2013. No. of teams 6 , organizer Badminton association of India. Winner Hyderabad hotshot having Saina Nehwal on its side.
• Ministry of housing and urban poverty alleviation proposed to launch National Urban Livelihoods mission  in 12^th plan period , which will replace Swarn Jayanti shahari Rojgar yojana.
• Bhartiya Mahila Bank – Announced in Budget speech of 2013-14 by FM shri Chidambaram. Initial seed capital 1000 crores,  First six branches proposed at Mumbai , Delhi, Kolkata , Chennai , Indore and Guwahati by  15 Oct. 2013 . 25 branches up to March 2014. HeadQuarter – Delhi. Chairman designate is Usha Anantsubramaniam. key objective of the Bank is focus on the banking needs of women and promote economic empowerment.
• Jet Etihad deal – 24% stake purchased by Etihad airlines.
• V.K.Shunglu committee to probe corruption charges in commonwealth games in India 2010.
• Tears you apart campaign is launched by Ministry of health and family welfare against the use of Tobacco , specially smokeless eatable forms of  it.
• Islamic banking norms approved by RBI . Kerala state was permitted to open Non Banking financial institution on the principles of Islamic finance. ( Interest giving and taking on funds is not allowed in Islam). Cheraman Financial Services Limited (CFSL) will be floated by Kerala State Industrial Development Corporation to function as a non-banking finance company (NBFC).
• RBI measures to control Gold imports. 1) Authorised Gold importers like banks and gold trading agencies to ensure that 20% of imported lot should be made available for export in the form of jwellery .  jewellery exports last year stood at around 70 tonnes. Authorised importers should sell their gold to only those entities , which are engaged in jewellery or other products. Govt has increased the import duty to 15% on gold and jewellery.
• Govt. to provide a internet enabled mobile to every person of rural area who has completed 100 work days in MGNREGA.
• Relaxation in Multibrand retail FDI norms. 1) 10 lacs population norms relaxed, stores can be opened in cities having population less than 10 lacs. 2) For local purchase of  stocks limit for small industries increased from 5 crore to 10 crore. 3) 50% backend infrastructure compulsion will be only for one time investment up to 100 m $, further investments will be free from this norm. 4) 30% local sourcing norms will continue.
• Tourism department new campaign 1) Clean India campaign at Tajmahal AGRA 2) Hunar se Rojgar tak , skill development program.
• Telangana with 10 district will be 29^th state of India subject to approval by parliament. Central cabinet cleared it.
• Ksheera Bhagya is scheme by Karnatak Govt. to provide school children 150 ml of milk three times a week.
• Kumar mangalam Birla resigned from board of directors of RBI  to avoid conflict of interest as Birla group has applied for opening a new bank.
• Amjad ali Khan famous sarod player chosen for Rajiv Gandhi national sadbhavana award.
• Sardar singh named as captain of hockey team India for asia cup 2013.
• First cricketer to hit 400 sixes in international cricket – shahid afridi.
• Aditya Mehta Indian snooker palyer won gold medal in the world games.
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