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20 October 2016 Current Affairs

Finance Ministry announces fresh tranche of gold bonds

The Finance Ministry announced the sixth tranche of sovereign gold bonds. The duration of the bond will be for a period of eight years with exit option from the fifth year to be exercised on the interest payment dates. Applications for the bonds will be accepted from October 24 to November 2, 2016 and the bonds will be issued on November 17.

Triple talaq a highly misused custom: NCW

The National Commission of Women (NCW) has held that triple talaq was a “highly misused” custom and Government should scrap it to protect the rights of Muslim women. NCW clearly mentioned that the traditional custom of triple talaq should be banned in an effort to protect the rights of Muslim women and it cannot be linked to the Uniform Civil Code. According to the commission, Muslim women feels disempowered because of the practice of triple talaq. ‘Triple Talaq’ or ‘Oral talaq’ is a procedure of divorce mentioned under the Sharia Law which is a body of the Islamic law. Under this, a husband can divorce his wife by pronouncing ‘Talaq’ thrice.

Milan confers honorary citizenship on Dalai Lama

The Milan city council bestowed honorary citizenship on the Dalai Lama. However, China has strongly opposed another award given to him. Lamberto Bertole, Chairman of the Council of Milan, honoured the Dalai Lama with the Milan Honorary Citizenship award at a ceremony held at the Arcimboldi Theatre in Milan, Italy.

Protein-enriched rice variety developed by IGKV Chattisgarh

Researchers from Indira Gandhi Krishi Vishwavidyalaya (IGKV),Chattisgarh have developed a protein-enriched rice variety. The new developed rice variety has over 10% protein content, which is 3% more than what is found in any popular variety and has 30 PPM (parts per million) zinc content. The protein-enriched rice variety was developed by researchers from IGKV’s Department of Plant Molecular Biology and Biotechnology. They had worked for seven years to develop the variety of rice that is rich in protein along with high zinc content. This protein rice variety will play a crucial role in addressing issues of protein deficiencies and it will serve as a boon for malnourished population, especially children, in tribal-dominated Chhattisgarh.

SBI declares Silchar as its 5th zone in North East

The State Bank of India (SBI) has declared Silchar as its 5th zone in North East to facilitate banking issues for the customers of the region. The 5th zone will further help to cater the banking needs of the people of Mizoram, Tripura and Manipur along with the Barak Valley of North east India. SBI also opened its administrative office at Silchar, Assam. Other four zones of SBI in North East are Guwahati, Shillong, Dibrugarh and Jorhat. Earlier, Silchar was under Guwahati zone. However, due to difficult terrain of the region it was tough on the part of the bank to address the complaints and issues of the customers in the region. Presently, SBI has 736 branches across North East together with 3,000 ATMs and 3,000 customer service points for customer facilitation.

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