- India is going to ink a treaty with Nigeria on transfer of prisoners. International Relations
- Banks will now send mandatory SMS alerts for cheque transactions to pre-empt fraud.
- Both the payer and drawer will receive the SMS sent by the bank.
- Customers will also get confirmation phone calls in case of suspicious or high-value cheques.
- Until now, SMS alerts were mandatory only for card transactions.
- The latest RBI decree is a step to boost security in the business of cheque clearance.
Current Affairs - PM lays foundation stone of the Trade Facilitation Centre and Crafts Museum for weavers in his constituency Varanasi.
- The Trade Facilitation Centre is meant to develop and promote handloom products.
- He also adopts a village, named Jayapur, under his "Saansad Adarsh Gram Yojana".
Places in News - India gifts Fast Attack Craft 'INS Tarasa' to Seychelles.
- Its the second Indian Fast Attack Craft (FAC) to be given to Seychelles (Coast Guard) after the handover of SCG Topaz (formerly INS Tarmugli) in 2005.
International Relations - Another Naval disaster: A 31-year old Torpedo Recovery Vessel of Indian Navy (A 72) has sunk off the coast of Visakhapatnam.
- TRV is an auxiliary vessel which is used to recover practice torpedoes fired by fleet ships and submarines.
- Out of 28 personnel aboard, one sailor has died while 4 are reported missing.
Current Affairs - Lionel Messi is now the joint highest goal-scorer in Champions League history with Raul.
- He equalled the 71-goal record of Raul with a double in a match against Ajax.
- Cristiano Ronaldo is close behind with 70 goals.
Sports - Sanjay Baweja has been appointed as the Chief Financial Officer (CFO) of India's largest e-retailer 'Flipkart'.Person in News
Friday, 7 November 2014
07 Nov- 14 : Current Affairs
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