1)The World Health Organization (WHO) on Friday appointed Bollywood icon Amitabh Bachchan as its ‘Goodwill Ambassador’ for Hepatitis in the southeast Asia region to boost awareness and intensify action to arrest the epidemic.
Reason Why He was Chosen:- He was a hepatitis B patient, said he was surviving with only 25% of his liver functions.
2)Some More Facts About WPI and IIP :-
Components of WPI :-
Components of CPI:-
Components of IIP:-
Yesterday we told you about the New Base Year of 2011 -12 earlier the base year was 2004-05.
Some Other Changes were also there, Lets understand these Changes with the Help of one Question:-
Q. Recently Some Changes were made in the Methdology and Calculation of WPI and IIP, Which of the Following are the changes done
i)The base year has changed to 2011-12 from 2004-05
ii)Now the Calculation of WPI will not incorporate Indirect Taxes.
iii)The New Formula for the Calculation of WPI removes the Component of Excise Duty.
iv)The new base for industrial production will also include hormonal preparations, surgical instruments and electricity generation from renewable resources.
Options:-
A) i,ii only
B)i, ii, iii only
C)i,iv only
D)All of the Above
Answer is D , All of the Above.
So Please Learn these New Changes. Learn the 4 options.
3)Tejas Successfully Test Fires Derby Air-to-Air Beyond Visual Range Missile :-
Tejas:- The Light Combat Aircraft has demonstrated Air-to-Air Beyond Visual Range (BVR) missile firing capability by releasing Derby (Air-to-Air BVR missile) in RADAR guided mode.
4)The Union Minister of Road Transport & Highways and Shipping Shri. Nitin Gadkari yesterday launched the NHAI Masala Bond issue at the London Stock Exchange.
What are Masala Bonds:- The term is used to refer to rupee-denominated borrowings by Indian entities in overseas markets.
The International Finance Corporation (IFC), the investment arm of the World Bank Group, last November, issued a ₹1,000 crore bond to fund infrastructure projects in India. These bonds were listed on the London Stock Exchange (LSE). IFC then named them Masala bonds to give a local flavour.
China also has a similar bond:- Chinese bonds, named Dim-sum bonds after a popular dish in Hong Kong and Like wise Japan:-have Japanese bonds named Samurai after the country’s warrior class.
What is the Importance of Masala Bonds:- They are issued to foreign investors and settled in US dollars. Hence the currency risk lies with the investor and not the issuer, unlike external commercial borrowings (ECBs), where Indian companies raise money in foreign currency loans.
Questions For The Day :-
1)MPLADS Scheme?
2)INA?(Subhash Chandra Bose)
3)RIN MUTINY?
Reason Why He was Chosen:- He was a hepatitis B patient, said he was surviving with only 25% of his liver functions.
2)Some More Facts About WPI and IIP :-
Components of WPI :-
 |
| MRUNAL |
Components of CPI:-
Components of IIP:-
 |
| Mrunal |
Yesterday we told you about the New Base Year of 2011 -12 earlier the base year was 2004-05.
Some Other Changes were also there, Lets understand these Changes with the Help of one Question:-
Q. Recently Some Changes were made in the Methdology and Calculation of WPI and IIP, Which of the Following are the changes done
i)The base year has changed to 2011-12 from 2004-05
ii)Now the Calculation of WPI will not incorporate Indirect Taxes.
iii)The New Formula for the Calculation of WPI removes the Component of Excise Duty.
iv)The new base for industrial production will also include hormonal preparations, surgical instruments and electricity generation from renewable resources.
Options:-
A) i,ii only
B)i, ii, iii only
C)i,iv only
D)All of the Above
Answer is D , All of the Above.
So Please Learn these New Changes. Learn the 4 options.
3)Tejas Successfully Test Fires Derby Air-to-Air Beyond Visual Range Missile :-
Tejas:- The Light Combat Aircraft has demonstrated Air-to-Air Beyond Visual Range (BVR) missile firing capability by releasing Derby (Air-to-Air BVR missile) in RADAR guided mode.
4)The Union Minister of Road Transport & Highways and Shipping Shri. Nitin Gadkari yesterday launched the NHAI Masala Bond issue at the London Stock Exchange.
What are Masala Bonds:- The term is used to refer to rupee-denominated borrowings by Indian entities in overseas markets.
The International Finance Corporation (IFC), the investment arm of the World Bank Group, last November, issued a ₹1,000 crore bond to fund infrastructure projects in India. These bonds were listed on the London Stock Exchange (LSE). IFC then named them Masala bonds to give a local flavour.
China also has a similar bond:- Chinese bonds, named Dim-sum bonds after a popular dish in Hong Kong and Like wise Japan:-have Japanese bonds named Samurai after the country’s warrior class.
What is the Importance of Masala Bonds:- They are issued to foreign investors and settled in US dollars. Hence the currency risk lies with the investor and not the issuer, unlike external commercial borrowings (ECBs), where Indian companies raise money in foreign currency loans.
Questions For The Day :-
1)MPLADS Scheme?
2)INA?(Subhash Chandra Bose)
3)RIN MUTINY?
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