Current Affairs For Bank, IBPS Exams - 11 September, 2014
Current Affairs for BANK, IBPS Exams
11 September 2014
Business news
Skoda launches Yeti upgrade
-
Czech car maker Skoda, launched its new face-lifted sports utility vehicles (SUV), the Yeti, at a price of Rs.18.63 lakh for the 4X2 variant while its 4X4 variant is priced at Rs.20.14 lakh (prices ex-showroom, Maharashtra).
-
Both variants are powered by a 2.0 TDI diesel engine.
-
The new Yeti is being offered at a slight premium to the existing variant and will feature cruise control, KESSY system and Light Assist.
Sudarshan Venu is Joint MD of TVS Motor
-
In a significant move, the board of TVS Motor Company has appointed Sudarshan Venu, son of Venu Srinivasan, as the Joint Managing Director of the company.
-
As a whole-time director, Mr. Venu has already been very active in the affairs of the company.
-
In view of this, the board has chosen to elevate him to the position of Joint Managing Director.
Vijayan Rajes is UPASI President
-
Vijayan Rajes has been elected President of United Planters’ Association of Southern India (UPASI) for 2014-15.
-
Mr. Vijayan owns MSP Plantations, Yercaud, and has been serving on the Executive Committee of UPASI since 2002-03.
-
N. Dharmaraj has been elected Vice-President, an UPASI release said. — PTI
Subhash Chandra Garg appointed as World Bank ED
-
Senior IAS officer Subhash Chandra Garg was appointed as Executive Director in World Bank.
-
Mr. Garg, a 1983-batch IAS officer of Rajasthan cadre, will have a tenure of 3 years from the date of assuming charge of the post, said an order issued by the Appointments Committee of Cabinet. — PTI
New VP for Renault India
-
Renault India Pvt. Ltd., a fully-owned subsidiary of Renault s.a.s, has appointed Rafael Treguer as Vice-President (Sales and Marketing).
-
He has worked in varied roles at different locations with the Renault group. — Special Correspondent
National
‘Right to sell liquor no fundamental right’
-
The Kerala government submitted before a Bench of the Supreme Court that the right to sell liquor was not a fundamental right.
-
Government counsel Kapil Sibal, arguing against a petition challenging the decision to close 730 bars in the State, said the decision to close the bars was a policy decision. Bar licences could be cancelled any time.
-
In an urgent mentioning to stop the State from enforcing the policy, a battery of senior counsel appearing for the bar owners termed the policy “discriminatory.”
Govt. to reconstitute wildlife board
-
The government has decided to reconstitute the National Board for Wildlife (NBWL) after the Supreme Court stayed decisions of its newly constituted standing committee in August for violating provisions of the Wildlife Protection Act.
-
The new committee is in keeping with the legal provisions of the Wildlife Protection Act which prescribes 10 non-official members and five independent NGOs and representatives from 10 States or Union Territories.
-
The Supreme Court on August 25 had in response to a petition put on hold the over 100 proposals approved by a truncated standing committee of the Board notified on July 22 which had only two non-official members and one government organisation on board, apart from a representative only from Andhra Pradesh.
-
The government did not constitute a full fledged Board.
-
The apex court while staying the August 12 decisions of the standing committee, said they were not in consonance with section 5 A the Wildlife Act, 1972.
-
The Bench directed that none of the orders passed by the standing committee would be given effect to until the next date of hearing after two weeks from August 25.
-
The order came in response to a petition filed by Pune resident Chandra Bhal Singh.
