August 12, 2013

IMPORTANT CURRENT AFFAIRS : 11.08.2013

1. India will launch its first indigenous aircraft carrier INS Vikrant on Monday, making an entry into a select club of countries capable of designing and building a carrier of this size and capability.

2. The Reserve Bank of India's (RBI's) liquidity tightening measures may have an adverse impact on the cou...ntry's already sluggish economic growth, which could fall below 5 per cent, experts warned.

3. Against the backdrop of recent incursions by Chinese troops into India, the two countries are working to conclude a new border defence agreement with an aim of signing it when Prime Minister Manmohan Singh travels to Beijing possibly in October. The Border Defence Cooperation Agreement (BDCA) proposes prevention of face-offs between the troops of the two countries along the over 4,000 km disputed Line of Actual Control (LAC).

4. India signed a Protocol amending the India – Morocco Double Taxation Avoidance Convention(DTAC). The Protocol was signed by Dr Sudha Sharma, Chairperson, Central Board of Direct Taxes on behalf of Government of India and Mr. Larbi Reffouh, Ambassador of the Kingdom of Morocco to India on behalf of Government of the Kingdom of Morocco.

5. In a major step towards completing its nuclear triad, India activated the atomic reactor on-board the indigenous nuclear submarine INS Arihant paving the way for its operational deployment by the Navy.

6. Vinod Prakash Sharma an eminent scientist on 9 August 2013 won the Gujar Mal Modi Award for Science and Technology 2013. He received the award for his contribution in the field of basic and applied research of Malaria and Vector Biology.

7. Sudhakar Jayant has won gold medal at the IWF World Masters weightlifting championships, held in Turin, Italy.

8. World Badminton Championships: PV Sindhu loses to fourth seed Thailand's Ratchanok Intanon in semifinals, finishes with bronze.

9. Bhutan's new Prime Minister Tshering Tobgay will embark on his maiden visit to India next week during which he would discussed issues like rupee crunch and funds for the Himalayan nation's 11th five-year plan with Indian leadership.

10. Subramanian Swamy's Janata Party has merged with the Bharatiya Janata Party (BJP) ahead of the 2014 general elections.

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