12 October 2012 Current Affairs

European Union wins 2012 Nobel Peace Prize

The European Union has been awarded the 2012 Nobel Peace Prize, on 12th October 2012 for having “contributed for more than six decades to promote peace and reconciliation, democracy and human rights in Europe.”

Rangarajan panel for total decontrol of sugar industry

Rangarajan Committee has recommended deregulation of the sugar sector, by giving freedom to mills to sell sugar in the open market.The Millers should sell the 10%of sugar to government below the market price,for running the ration shops ,remaining should sell in the open market.

Anand defeated first time by Carlsen in Final Masters

World champion Viswanathan Anand was first time defeated by Norwegian Magnus Carlsen in the Final Master chess Championship on 12th October 2012.

UP revenue minister resigns due involved in CMO abduction

UP revenue minister Vinod Singh was forced to resign on 12th October 2012 for his alleged involvement in the abduction of Gonda chief medical officer (CMO) SP Singh.

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