January 2014 Current Affairs

Union Government raised quota of subsidised LPG cylinders

to 12
Union Government raised the quota of subsidised LPG cylinders
to 12 cylinders per household in a year on 30 January 2014.The
hike will be effective from April 2014.

India and Fiji signed Double Taxation Avoidance Agreement
Who: India and Fiji
Where: New Delhi
What: signed Double Taxation Avoidance Agreement
When: 30 January 2014
Why: for avoidance of double taxation and prevention of fiscal
evasion

Indian Rupee to be a legal tender in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) announced Indian rupee
as a legal tender on 29 January 2014.
RBZ was adding Indian Rupee and three other Asian currencies
to the basket of currencies to be circulated in the country. These
include China, Japan and Australia. The public can now open
accounts in Chinese Yuans, Australian Dollars, Indian Rupees
and Japanese Yens. Till now, Zimbabwe accepted the US dollar
and the South African rand as the main legal tender.

Anand Kumar, the founder of Super30 got Ramanujan
Mathematics award
Anand Kumar, a mathematician and founder of Super30 classes
was conferred with the 2014 Ramanujan Mathematics Award in
Rajkot on 27 January 2014. The award was given to him at the
Eighth National Mathematics Convention organised in Rajkot.

Dhruva-3 indigenous High Performance Computing System
inaugurated
Dhruva-3 an indigenous High Performance Computing System
was designed to solve critical Defence Research and
Development applications by Defence Research Development
Organisation (DRDO).

Uttar Pradesh government launched Samajwadi pension
scheme
Uttar Pradesh Government launched the Samajwadi Pension
Yojana on 28 January 2014. The new pension yojana will
replace the existing Rani Laxmibai Pension Yojana in phased
manner.
The main features of the new Pension Yojana
It provides for a monthly pension of 500 rupees to each rural
family for the year 2014-15.
The pension amount would be raised gradually by 50 rupee
in the subsequent financial years provided certain conditions
are fulfilled.
The maximum pension limit will be Rs. 750 per month.
The selection of the families to be benefited would be done
at the gram panchayat level.

Karnataka first State to provide Universal Health Coverage
Karnataka became the first State in India to provide Universal
Health Coverage to its population. It achieved the distinction
with the launch of Rajiv Arogya Yojana.





February 2014 Current Affairs
Chandi Prasad Bhatt won Gandhi Peace Prize for 2013
Chandi Prasad Bhatt, the noted Gandhian environmentalist and
social activist won the Gandhi Peace Prize for the year 2013 on
28 February 2014. Chipko Movement

Largest Solar Power Plant of India launched in Madhya
Pradesh
The largest 130-MW Solar Power Plant of India Welspun Solar
MP Project was launched at Bhagwanpur in Neemuch, Madhya
Pradesh on 26 February 2014. It is also the Asia's Largest Solar
Power Plant.

Delhi Waveriders won the 2nd edition of Hockey India
League cup 2014
Delhi Waveriders on 23 February 2014 emerged as the
champions of the Hero Hockey India League 2014 after
defeating Jaypee Punjab Warriors at Astroturf Hocket Stadium
in Ranchi.

First Braille-signage coach in India to be attached with
Purushottam Express
Purushottam Express will become the first train in India to be
attached with a Braille-embedded AC coach for visually-
challenged passengers by the end of February 2014.
Purushottam Express is a superfast train running between Delhi
and Puri.

Assume were dealing with a single resource
perhaps dollars
n Every customer has a line of credit a
maximum possible resource
allocation
n The banker only has a certain amount of cash
on hand
n Not everyone will need all of their credit at
once
n Solution: only grant requests if they leave us in a safe
state