23-24 August 2014 Current Affairs 1) What is the name of India’s first Naval vessel with all weapon systems built indigenously, that was commissioned into the Indian Navy on 23 August 2014? – INS Kamorta 2) Which state government on 21 August 2014 announced proposal to clamp complete prohibition on liquor in various phases? – Kerala 3) India’s capital market regulator SEBI on 22 August 2014 ordered which NBFC entity to refund the money raised from some 58.5 million customers through collective investment schemes (CIS)? – Pearls Agrotech Corp. Ltd 4) U.R. Ananthamurthy, the writer of incredible literary works like ‘Samskara’ and ‘Bharatipura’ and the winner of India’s highest literary award- the Janapith Award, passed away on 22 August 2014. He did his writings in which language? – Kannada 5) The Reserve Bank of India (RBI) on 22 August 2014 released the charter of customer rights, which seeks to provide the right to be treated with courtesy to both the customer and the financial services provider. What are the important clauses of this charter? - The customer should not be unfairly discriminated against on grounds such as gender, age, religion, caste and physical ability when offering and delivering financial products by the financial services provider - The key risks associated with the financial product as well as any features that may especially disadvantage the customer should be made known to him/her by the financial services provider - The financial services provider should provide customers with product terms and conditions that are in simple language, easily understandable, and with sufficient information that the customer could be reasonably expected to make an appropriate choice of product - The financial services provider may, however, have certain special products which are specifically designed for members of a target market group or may use defensible, commercially acceptable economic rationale for discriminating between customers
Posted on: Sun, 24 Aug 2014 12:42:26 +0000
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