Current Affairs For Bank, IBPS Exams - 02 February, 2014

Current Affairs For Bank, IBPS Exams

Former President of Bharatiya Janata Party Nitin Gadkari has slapped a defamation notice on Delhi Chief Minister Arvind Kejriwal for accusing him of being “corrupt” while senior Congress leader and Union Law Minister Kapil Sibal has challenged him to prove his charges or resign.
Mr. Kejriwal had caused a flutter across party lines when he reeled out list of names of leaders who he alleged are “corrupt”. The list includes the names of Mr. Gadkari, Mr. Sibal and several others.
Reacting to Mr. Kejriwal’s accusation, the BJP leader has served a notice, urging him to withdraw his statements within three days, failing which legal action will follow.

The Olympic torch was lit at Russia’s highest point with less than a week to go before the opening of the winter Games in Sochi.
Two experienced mountain climbers lit the flame 5,642 metres above sea level on the western peak of Mount Elbrus, completing the last of four special projects in the biggest torch relay in Olympic history.
Alpinists Abdul-Khalim Elmezov and Karina Mezova had climbed the western peak of the mountain in the northern Caucasus at the end of October carrying the flame in a special lantern.
The Elbrus part of the relay had been planned separately to ensure the best possible weather conditions for the climb.

The Export Credit Guarantee Corporation of India (ECGC) expects to register Rs.1,250 crore gross premium income this year.
In 2012-13, it was Rs.1,157 crore. Claims settlement was Rs.548 crore last year. This is expected to be more than Rs.600 crore this year.
ECGC is looking at four new products. It planned to have separate policy for small exporters (with export turnover of less than Rs.5 crore) and micro exporters (who have less than Rs.1 crore export turnover).
The ECGC planned to introduce a new cover for factoring companies to cover export factoring done by them for MSME exporters and re-start direct factoring.

Iran and the six global powers are set to hold fresh nuclear talks on February 18 that promise to encourage further lifting of sanctions and unlock foreign investment flows into the country.
Iranian foreign minister, Mohammad Javad Zarif said that the dialogue will be held in Vienna, the Austrian capital, following a meeting with the European Union (EU) foreign policy chief, Catharine Ashton on the sidelines of a security conference in Munich.
A decision on the new round of talks is part of cycle of steps that could end sanctions against Iran, after it was verifiably confirmed that Tehran is not pursuing development of atomic weapons. Iran and the five Security Council members--United States, Russia, China, Britain and France--along with Germany signed a nuclear deal in Geneva on November 24.
On January 20, Iran's negotiating partners confirmed that Tehran had halted production of uranium enriched to 20 per cent level, paving the way for a partial lifting of sanctions.
The smooth conduct of inspections by experts of the International Atomic Energy Agency (IAEA), of some Iran's major nuclear facilities, is further building up the momentum of confidence building between the two sides.