1) The shareholders of Reliance Industries Limited (RIL) got an opportunity to cast their votes through e-voting system at company’s 40th Annual General Meeting (AGM) held on 18 June 2014 at Mumbai. RIL shareholders cast their votes by touching the touch-pads of tablet computers that were brought by volunteers individually to them. However, the Ministry of Corporate Affairs had deferred mandatory e-voting for shareholders till which date? – 31 December 2014(Thus e-voting for shareholders would become mandatory for companies from 1 January 2015. An advantage of e-voting is that under it one share has one vote while under the earlier system one person has one vote. In the traditional voting at company AGM’s hands were shown or lifted in support of a proposal and it was not more than a mere formality)
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2) The railway passenger fare was increased by 14.2% in all classes while freight charge was hiked by 6.5% on 20 June 2014 by the union govt. This hike comes into effect from which date –25 June 2014, i.e., post midnight of 24 June (This is the steepest hike since 1999 and the third hike in last 15 years)
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3) India’s capital market regulator Securities and Exchange Board of India (SEBI) on 19 June 2014 announced a slew of reforms that included a proposal to hike public holding in all public sector undertakings (PSUs), new norms for research analysts and ESOPs given by listed firms. What is the minimum public shareholding for PSUs as fixed by the SEBI? – 25% or Rs. 400 crore whichever is lower (Currently, PSUs have to maintain 10% of minimum public shareholding, while private companies are required to maintain 25%. Now, the PSUs will be given three years to achieve minimum public shareholding of 25%)
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4) The Union Home Ministry on 19 June 2014 asked Reserve Bank of India (RBI) to ensure prior permission is sought before any donation is made to NGO Greenpeace India by two overseas contributors. Any contribution from these two overseas contributors to Greenpeace India would have to be cleared by the Home Ministry, the ministry has said, citing Section 46 of the Foreign Contribution (Regulation) Act, 2010. Which are these two overseas contributors? – Greenpeace International and Climate Works Foundation (With this, Greenpeace International and Climate Works Foundation have been clubbed with Amnesty International and Human Rights Watch, which have been put on a similar leash)
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5) Hyderabad’s famous Salar Jung Museum is celebrating how many years of its existence during June 2014? – 125 years (The Salarjung Museum is one of the three National Museums of India and houses the largest one-man collections of antiques in the world. Nawab Mir Yusuf Ali Khan Salar Jung III (1889–1949), former Prime Minister of the seventh Nizam Hyderabad collected the items housed in the museum from all over the world. The 125th anniversary of Salar Jung III is being celebrated as museum’s 125th anniversary)
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6) Who was unanimously elected as the first Speaker of the Legislative Assembly of Andhra Pradesh post bifurcation of the state on 20 June 2014? – Kodela Sivaprasada Rao (Rao is a veteran TDP legislator and has been elected to the Assembly from Guntur district for the sixth time. Pro-tem Speaker P Narayanaswamy Naidu announced the election of K. Sivaprasada Rao in the old Assembly building, which has been allotted to AP following the bifurcation)
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7) India’s domestic air traffic between January and May 2014 grew by around 3% as compared to the same period last year. Which company once again led in domestic air service segment during the month of May 2014? – IndiGo (IndiGo continued to dominate the scene in terms of market share cornering 31.7% in May 2014, followed by Jet Airways- JetLite combine with 21%, Air India with 18.6%, SpiceJet 17.9% and GoAir 9.8%. All Indian carriers flew 60.22 lakh passengers in May compared to 57.10 lakh in April, while the January-May figure stood at 267.22 lakh as against 260 lakh in the same period last year recording a 2.78% growth, latest official air traffic data showed)
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8) Which senior IAS officer was recently appointed Private Secretary to Prime Minister Narendra Modi? – Rajeev Topno (Topno, a 1996 batch IAS officer of Gujarat cadre, was already working as Director in the Prime Minister’s Office (PMO). His formal appointment was announced on 18 June 2014)
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9) According to the latest survey report released by a US travel website ‘whichairline.com’, which airline emerged as the cheapest in the World? – ‘Firefly’ of Malaysia (Firefly took the top spot in the cheapest airline segment by offering a one-way flight tickets, including 20 kg of checked-in baggage fees, at an average of 30 euro. Two India-based airlines – SpiceJet and Indigo were also included among the top 10 cheapest airlines in the world. SpiceJet, which was placed at the second spot, was offering a one-way ticket at an average of 52.24 euro, while the cost of one-way ticket of IndiGo, placed in the eighth position, came to 68.37 euro)
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