1)Renowned Indian RTI activist Subhash Chandra Agrawal was conferred with the Giraffe Hero award 2015 by a US-based NGO The Giraffe Heroes Project. ii. The award will be presented to him on 22 January 2015. iii. Agrawal also holds the Guinness record of filing highest number of published letters to the editors. 2)China Food and Drug Administration approved new vaccine to treat Poliomyelitis i.) Vaccine nameS-IPV . ii) The vaccine is known as Ai Bi Wei in China. iii) It is manufactured by the Institute of Medical Biology of the Chinese Academy of Medical Sciences located in Kunming, southwest Chinas Yunnan province. iii. The vaccine will be given to Chinese children as part of routine disease prevention and will help the global fight against the polio virus. The World Health Organization is also considering use of this new vaccine in its global polio treatment program. 3) RBI issued final guidelines for banks to act as Insurance brokers i . Earlier, the banks were allowed to undertake insurance business as agents of insurance companies on fee basis with an aim to increase insurance penetration in the country. ii. The banks were allowed to look forward for participation in insurance business in accordance to Union Government’s notification in which it allowed banks to do business of insurance under Section 6(1)(o) of the Banking Regulation Act, 1949. 4) Trade deficit of India declined i. Trade deficit of India declined to ten month low of 9.43 billion US dollars in December 2014. ii)The data was released by the Union Ministry of Commerce & Industry. iii)The trade deficit in December 2014 was narrowed by 44 percent from November 2014 iv)Reason-Due to fall down of global oil prices and fall of demand for gold. v)Imports of India declined by 4.8 percent to 34.8 billion US dollars in December 2014 as compared to 36.6 billion US dollars in December 2013. vi)Exports of India fell by 3.8 percent to 25.4 billion US dollars and outbound shipments were valued at 26.4 billion US dollars in December 2014.
Posted on: Sat, 17 Jan 2015 05:34:20 +0000
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