Saturday, August 20, 2011

ECONOMY NEWS

which Asian country has gained world no. two economy? who was 2nd economy before this(hint> both Asian county)
Ans..China & Japan................................................
Asian development bank projected GDP growth rate of India...
Ans 8.5% in 2010-11 and 8.7% in 2011-12....%
IMF projected GDP of India.
Ans ..8.8% .in 2010-11...8.1% in 2011-12
who will be the chief guest on 62nd Republic Day?
Ans: Indonesian President Susilo Bambang Yudhoyono
que2: how many agreements signed between PM Manmohan Singh and Russian President Dmitry Medvedev in civil nuclear,hydrocarbons and space sector at Hyderabad house in New Delhi on dec 21,2010
Ans: 30
Meets, Summits & Conferences Held in 2011
(January 1 – June 30)
12th Annual Global Development Conference
12th Annual Global Development Conference was held on January 13-15, 2011
in Bogotá, Colombia. The central theme of the conference was “Financing Development
in a Post-Crisis World: The Need for a Fresh Look.”
4th World Future Energy Summit (WFES 2011), Abu Dhabi (UAE)
The 4th World Future Energy Summit (WFES 2011) was held at Abu Dhabi National
Exhibition Centre (ADNEC),United Arab Emirates from January 17 to 20, 2011.Hosted
by Abu Dhabi Future Energy Company (Masdar), World Future Energy Summit, themed
“Enabling Future Energy Solutions”, focused on four key aspects of renewable energy:
policy, business, technology, and finance.
Which bollywood actor passed away recently?
A:Shammi Kapoor 2. Which Bank's net profit dip to about 45% as it disclosed its Q1
earnings?
A:State Bank of India
3. Who won the ATP Montreal Masters title?
A:Novak Djokovic
4. Who won the bronze medal at the World Badminton Championship after
a gap of 28 years?
A:Jwala-Ashwini
5. Name the former NASDAQ MD who has been sentenced to 42 months in
prison and has been ordered to forfeit over $700,000 illegal profits
made during his role in an insider trading scheme.
A:Donald Johnson
In which year all three presidency banks were merged and called as Imperial Bank of India?
1921
Which bank was the first bank to be established by Indian Merchants?
Union Bank
Which reputed bank was being setup in Lahore and which is still functioning?
Punjab National Bank
Which was the first Indian Joint stock bank and when was it setup?
Oudh Commercial Bank established in1881
I think
1st joint stock bank was allahabd bank and it was established in 1865
The Union Cabinet approved the proposal of Ministry of Agriculture, Department of Agricultural Research & Education (DARE) for setting up of a new company, called AGRlNDIA. The AGRlNDIA will be a registered company under the Companies Act, fully owned by Government of India in the Department of Agricultural Research and Education (DARE) with a share capital of Rs.100 crore and initial paid up capital of Rs.50 crore.
AGRlNDIA would undertake the following major activities:
• Protection and management of intellectual properties generated in the system and its commercialization / distribution for public benefit.
• Production, marketing and popularization of ICAR`s products, processes and technologies in agriculture and allied sectors.
• Providing skilled services from ICAR, such as consultancies, contract research, contract service, customized capacity building, technical support for turnkey project etc.
• Setting up research and development farms and assist in setting up production units outside India, especially in Africa and in the Asia-Pacific region and perhaps other regions of the world such as Latin America.
• Foster public-private partnerships in research, education and other capacity building in agriculture and allied sectors.
AGRlNDIA would promote spread of R&D outcomes through IPR protection, commercialisation and forging partnerships both in the country and without. The farmers of the country would benefit from the formation of the company because of the following:
• The company would provide a model for quality seed availability in the country.
• The company would enable manufacturing and marketing models of good quality vaccines and diagnostic kits etc.
• It would establish ICAR`s R&D presence in other countries/region, such as in Africa and the Asia Pacific region.
• Intellectual Property Rights in ICAR would be efficiently managed for their protection and consequent commercialization.
Rajasthan Agriculture Minister Harjiram Burdak on 11 August 2011 flagged off the first-ever consignment of certified organic food to be exported from Rajasthan to the United States. The organic food comprised mainly conventional pulses for which there is a heavy demand in the U.S. The pulses were produced from the processing unit of the Morarka Organic Foods in Sitapura Industrial Area.
Organic farming culture gaining ground in Rajasthan is deemed to be as significant as Harit Kranti (Green Revolution) introduced in 1965 by the then Prime Minister Lal Bahadur Shastri, as a result of which the wheat imports from the U.S. had stopped.
Organic revolution in Rajasthan manifested itself in the production of pulses in the State which had touched 32.33 lakh tonnes in 2011, registering a four-fold increase in comparison to the 7.20 lakh tonnes produced in 2010. In addition to organic agriculture, adoption of modern farm techniques had led to the overall impressive growth. He also attributed the success to the policies of the State Agriculture Ministry.
According to principal horticulture secretary Dinesh Goyal organic farming in Rajasthan offered tremendous possibilities of growth to agriculturists. Organic farming will also help to protect the farm produces against harmful impacts of chemical fertilisers, he pointed out. Goyal also appreciated the efforts of the Morarka Foundation, the organic food exporting private company behind it.
V.V. Giri 2010 memorial award goes to Dr. Panchmal dinanath Shenoy for his contribution towards understanding of labour issues by Union Minister of Labour & Employment Mallikarjun Kharge.
V.V. giri award was introduced in 2008by ministry of Labour and Employment in the commemorate of birth anniversary on Indis's former President V.V.Giri
SAFF Under 16 inaugration title belongs to Pakistan by defeating India by 2-1 in the final at Kathmandu. bangladesh is at 3rd place.
China has launched its first aircraft carrier on Aug 10. It is abt 300 mtr long. China bought it from Russia where it is known as Varyag.


No comments:

Post a Comment