DAILY FREE CURRENT AFFAIRS 29 MAY 2015

DAILY CURRENT AFFAIRS 29 May 2015

Shared By: WWW.DailyGk.IN

1. RBI NOTIFIED FIIs:

i. RBI notified FIIs to invest up to 49% in Gammon Infrastructure projects limited.

ii. Investment can be made under Portfolio Investment Scheme (PIS).

iii. This change is notified under FEMA Act, 1999.

FII – Foreign Institutional Investors

RBI – Reserve Bank of India

2.   TRIPURA WITHDRAWS AFSPA:

i.    Tripura withdraw AFSPA from State.

ii.   Decision was taken by the State Government.

iii.   The act was enforced by the Union Government on 16 February 1997 in 40 police station areas.

AFSPA –  Armed Forces Special Powers Act.

3. NATO LAUNCHED ARCTIC CHALLENGE EXERCISE:

i. NATO launched Arctic Challenge Exercise in the north of Norway, Sweden and Finland.

ii.  Exercise involves 115 fighter planes and 3600 troops from 9 countries.

iii.  This the 2^nd Exercise prior to this 1^st exercise held in 2013.

NATO Members:

a. U.S

b. Britain

c. Germany

d. France

e. Netherlands