• Current Affairs 31 May to 6 June 2014

    Posted on by in 2014, Current Affairs, News, Education & Training

    • President Pranab Mukherjee on 18th May (Sunday) dissolved the 15th Lok Sabha with immediate effect, completing a formality before the constitution of the new House. The BJP emerged as the single largest party with 282 seats. The NDA got 336 and UPA got 60 seats out of 543 in General Election 2014.
    • Nearly 60 lakh voters opted for None Of The above (NOTA), which was introduced for the first time in a general election in 2014. Nilgiris in Tamil Nadu and Nabarangpur in Odisha were the two Lok Sabha constituencies that saw the maximum NOTA votes. While Nilgiris was 46,559 NOTA voters (5% of votes), Nabarangpur had 44, 408 (4%). Bastar in Chhatisgarh came third with 38,772 votes (5%).
    • Former intelligence Bureau (IB) chief Rajiv Mathur on 22.5.2014 (Thursday) took over as the new Chief Information Commission (CIC) in the Centre Information Commission. Mathur 64, succeeds Sushma Singh, who demitted office on 21.5.2014 (Wednesday), as the sixth chief of the transparency watchdog.
    • The Indian economy will grow 5% in 2014 and record a slightly higher expansion of 5.5% next year on stronger consumption and investment, a UN report said on 21.5.2014 (Wednesday)
    • The Reserve Bank of India (RBI) has proposed to allow banks to offer partial credit enhancement to project-specific infrastructure bonds, in order to increase access to funds and reduce the cost of funding such projects.
    • Peak power deficit in the country fell to 5.4% at 7,556 MW in April, from 7.4% a year ago due to increased capacity and lower electricity consumption by states.
    • Gold jewellery exports from India rose for a third consecutive month in April as raw material supplies improved after the Reserve Bank of India (RBI) allowed more banks to import bullion.
    • All new automated teller machines (ATMs) to be installed by commercial banks from July 2014 onwards would provide audible instructions and Braille keypads to customers, on 21.5.2014 (Wednesday) RBI’s directive came on its prior advice to banks in 2009 to make bank branches and ATMs accessible to people with disabilities and make at least one-third of the ATMs installed as talking ATMs with Braille keypads.
    • The southwest monsoon has set in over most parts of the Andaman Sea and some parts of southeaster Bay of Bengal on Sunday-two days prior to its expected date.
    • The Thailand Army chief seized power in a military coup on 22.5.2014 (Thursday), ordering rival protests off the streets and deposing the government in a bid to end months of political bloodshed. General Prayut Chan-O-Cha made the announcement saying the powerful armed forces had to act to restore stability in region.
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