Current affairs Jan 2014 चालु घडामोडी जानेवारी २०१४

Current Affairs Jan 2014 〓

● India has successfully test-fired
its indigenously developed nuclear-
capable Prithvi-II missile today,
which has a strike range of 350 km
and is capable of carrying warheads of up to
1000 kg. The launch was part of a user trial by
the Army.

● The Central government is set to create an
Equal Opportunity Commission as recommended
by the Sachar Committee, Minority Affairs
Minister K Rahman Khan said today. The Equal
Opportunity Commission draft was with the
Union Cabinet and it would be made into a law
soon. He also said the Jain community will be
added to the list of national minority

● Pravasi Bharatiya Divas 2014 was kicked off in
New Delhi today with focus on engagement with
the youth and discussions on healthcare. This
year’s theme is “Engaging Diaspora: Connecting
Across Generations” and this is the first time
that the Youth PBD is being held on the first
day of the event.

● The Centre will soon appoint Justice B.S.
Chauhan, a Judge of the Supreme Court, as
Chairman of the Cauvery Water Disputes
Tribunal to take up pending applications. The
tribunal has been without Chairman since April
2012, when Justice N.P. Singh resigned on
health grounds. The tribunal gave its final award
on February 5, 2007.

● An RBI panel has suggested setting up of
specialised banks to cater to low income
households to ensure that all citizens have bank
accounts by 2016 today which will pave way for
significant changes in Indian banking structures.
It also suggested that facility for withdrawal,
payment and deposit should be set up within a
15-minutes walking distance anywhere in the

● Future Generali India Life Insurance Company
Ltd has appointed Munish Sharda as the new
Managing Director & Chief Executive Officer. He
has nearly two decades of experience primarily
in the financial services sector. Earlier, he was
Director of Sales & Distribution in Aviva Life and
was also with Citibank India.

● The US Senate confirmed Janet Yellen as the
head of the Federal Reserve, making her the first
woman to lead the world’s most powerful central
bank in its 100-year history through voting
today. She got 56 votes in favor compared to 26
against. She is expected to be sworn in on
February 1 and she will replace Ben Bernanke as
the Chair of the Federal Reserve.

● The eurozone’s inflation rate dropped to 0.8%
in December compared 0.9% in November which
is much lower than the European Central Bank’s
(ECB) target of 2%. The ECB cut its benchmark
interest rate to a record low of 0.25% in
November last year due to softening of Inflation

● The King and Queen of Bhutan Jigme Khesar
Namgyel Wangchuck and Jetsun Pema Wangchuck
respectively will pay an official Visit to India
from 6-10 January 2014.

● Awami League, the ruling party of
Bangladesh secured an absolute majority in the
Parliamentary elections. The elections, which was
hold on 5 January was marked by violence, low
voter turnout and boycott by the opposition
party BNP.

● India has signed a credit agreement of $160
million with World Bank for Rajasthan Road
Sector Modernisation Project (RRSMP).

● Australia‘s Lleyton Hewitt won the Brisbane
International by beating top seed Roger Federer
of Switzerland. It was Hewitt‘s 29th title on the
ATP tour.

● Ana Ivanovic won the Auckland Classic beat
Venus Williams by 6-2, 5-7, 6-4. It is Ana‘s 12th
title and second seed but her first success since
victory in Bali in 2011.

● Young shuttler Aditya Joshi from Madhya
Pradesh became the first male junior badminton
player from India to be ranked top in the world.

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