Current Affairs – October, 2017

MCX launches India’s first commodity options in Gold

Largest commodity bourse Multi-Commodity Exchange of India Ltd (MCX) launched India’s first commodity options in gold. It was launched by Union Finance Minister Arun Jaitley. The gold futures contract will have bi-monthly duration. The option will also have the existing gold kilo futures contract as its underlier. Options Options are an instrument that gives buyer Read More…

India inks MoC to send interns to Japan for training

India and Japan have signed memorandum of cooperation (MoC) on Technical Intern Training Programme (TITP) to significantly expand the bilateral cooperation s in the field of skill development. India is the third country with which Japan has signed the MoC. Under it, India will send youngsters to Japan as technical interns for on-the-job training for Read More…

#IamThatWoman: WCD Ministry launches campaign on women for women

The Union Ministry of Women and Child Development (WCD) has launched online campaign #IamThatWoman in an attempt to end Gender bias in women against women. It was launched by WCD Minister Meneka Gandhi. Significance of this campaign Through the campaign, Ministry seeks to highlight various aspects of women standing ‘by’ and ‘for’ women. It also Read More…

October 17: The International Day for the Eradication of Poverty

The International Day for the Eradication of Poverty (IDEP) is observed every year on October 17 to raise people’s awareness of the need to eradicate poverty and destitution worldwide, particularly in developing countries. The 2017 theme ‘Answering the Call of October 17 to end poverty: A path toward peaceful and inclusive societies’. It seeks to Read More…

First Investment Agreement signed between NIIF and Abu Dhabi Investment Authority

India’s National Investment and Infrastructure Fund (NIIF) of India on has signed an investment agreement worth $1 billion with Abu Dhabi Investment Authority (ADIA). With this, ADIA became first institutional investor in NIIF’s Master Fund and shareholder in NIIF’s investment management Company. NIIF is claimed to be India’s first sovereign wealth fund. Background The agreement Read More…