DAILY CURRENT AFFAIRS: 17 DEC 2015
(Daily News India)
1. THE BOSE BROTHERS AND INDIAN INDEPENDENCE – AN INSIDER’S
ACCOUNT BOOK AUTHORED BY MADHURI BOSE RELEASED
i. The book named Bose Brothers and Indian Independence – An
Insider’s Account book is released by Madhuri Bose.
ii.She is the grand-niece of Netaji Subhas Chandra Bose
iii. It explains the role of the Bose Brothers in the Indian
freedom struggle
2. RBI LIABLE TO DISCLOSE INFORMATION ABOUT BANKS UNDER RTI ACT
i. The Supreme Court stated that the Reserve Bank of India is
liable to disclose information about the banks and financial institutions for
their action against the loan under the Right to Information Act, 2005.
ii. The Bench given this ruling against the petition filed by PP
Kapoor, who had asked about the details of the loans taken by the industrialists
that have not repaid the loans.
iii.The petitioner has also asked about the names of the top
defaulters who have not repaid their loans to public sector banks.
iv.The bench was headed by
M Y Eqbal and C Nagappan.
3. LOK SABHA PASSED BILL TO CREATE COMMERCIAL BENCHES IN HIGH
COURTS
i. The Commercial Courts, Commercial Division and Commercial
Appellate Division of High Courts Bill, 2015 is passed by Loksabha.
ii.The Bill will help to bring big foreign investments into the country and
improve India's global image on ease of doing business.
iii. It will help to set up commercial benches in high courts to
settle high value commercial disputes.
4. UNION CABINET GIVES APPROVAL TO MOU WITH BRICS COUNTRIES FOR
ENERGY CONSERVATION
i.The Union Cabinet chaired by the Prime Minister Narendra Modi
has given its approval to sign a Memorandum of Understanding between India and BRICS countries.
ii.The agreement is made between india and BRICS countries for
energy conservation.
iii.The MoU will provide Joint scientific and technological
research energy efficiency cooperation among the member countries based on the
principles of equality and mutual benefit.
5. AP CABINET DECIDED TO ABOLISH VAT AND CST ON SUGAR FACTORIES
i. Andhra Pradesh Cabinet chaired by Chief Minister N Chandrababu
Naidu decided to abolish Value-added tax and Central Sales Tax on Sugar
factories.
ii.VAT is governed by each state separately and every state has
distinct VAT act for their state.
