Current Affairs For Bank, IBPS Exams - 18 May, 2014

Current Affairs For Bank, IBPS Exams

Veteran Congress leader Nabam Tuki was sworn in as Chief Minister of Arunachal Pradesh for the second consecutive term at the Raj Bhavan in Itanagar.
Governor Lt. Gen. (Retd) Nirbhay Sharma administered the oath of office and secrecy to Mr. Tuki in an impressive function held at Darbar Hall of Raj Bhavan in Itanagar.

Swiss voters have rejected a proposal to introduce a minimum wage of 3,000 Swiss francs per month (4,500 dollars).
77 per cent of voters cast ballots against the measure.
At 25 dollars an hour, it would be the highest minimum wage in the world.
The referendum was launched by left-wing parties and trade unions, which argued that such a salary was necessary for making a decent living in Switzerland, where the cost of living is among the highest in Europe.
The government and employers associations had campaigned against the plan, warning that companies would shift operations to neighbouring countries and Switzerland’s important tourism sector would suffer.

Sri Lanka’s government marked the fifth anniversary of its civil war victory over ethnic Tamil separatists by displaying the country’s military strength, while preventing Tamil civilians from publicly remembering their dead.
The government’s approach highlights the deep ethnic polarisation that remains in this island nation despite the end of the quarter-century civil war.
President Mahinda Rajapaksa presided over a Victory Day ceremony in the southern coastal town of Matara where military personnel paraded in the streets with tanks and artillery guns, while fighter jets flew overhead.
In the country’s ethnic Tamil-majority north and east, however, military troops surrounded political party and newspaper offices in an apparent attempt to prevent public memorials for those who died in the war.
Sri Lanka’s military defeated Tamil Tiger rebels in May 2009, ending the long civil war. Heavy civilian casualties and allegations of serious human rights violations, especially in the final months of the fighting, prompted the United Nations Human Rights Council this year to sanction an international inquiry into the conduct of both sides.

Serena Williams won her third title of the season as she delivered a crushing 6-3, 6-0 defeat to Sara Errani to win a third trophy at the Rome Masters .
The world number one now heads to the French Open on solid form after winning the week in Rome after withdrawing from a Madrid semi-final last weekend with a thigh injury.
Williams becomes the first player on the WTA to lift three trophies this season after beating Italy’s Errani for the seventh time with the loss of just one set in that series.